City of Moreno Valley
Annual AB 1600
Compliance Report
For the Fiscal Year Ended
June 30, 2024
Fund Number / Fund Name
Beginning Fund Balance
July 1, 2023 Receipts Disbursements Transfers In Interest Earnings * Ending Fund Balance
June 30, 2024
2901
Arterial Streets
Development Impact Fee
2902
Traffic Signal
Development Impact Fee
2903
Fire Facility
Development Impact Fee
2904
Police Facility
Development Impact Fee
2905
Parkland Facilities
Development Impact Fee
2907
Recreation Center
Development Impact Fee
2908
Libraries
Development Impact Fee
2909
City Hall
Development Impact Fee
2910
Corporate Yard
Development Impact Fee
2911
Interchange Improvements
Development Impact Fee
2912
Maintenance Equipment
Development Impact Fee
2913
Animal Shelter
Development Impact Fee
2914
Administration
Development Impact Fee
2915
Workforce Development
Development Impact Fee
2916
Public Art
Development Impact Fee
City of Moreno Valley
Annual AB1600 Compliance Report
For the Fiscal Year Ended June 30, 2024
21,697.35$
-$
2,425,159.05$
Pursuant to Government Code Section 66006, the following report on the receipt, use and retention of development impact fees for fiscal year ended June 30, 2024 is hereby presented to the City Council for review and approval. 173,489.54$
965,198.00$
70,795.00$
887,601.47$
7,458.23$ 163,810.12$ -$ -$ -$ 171,268.35$ -$
-$
-$
-$
2,287,181.69$
596,840.51$ 340,760.96$ (50,000.00)$ -$ 106,946.58$
-$
5,471,415.43$ -$
2,680,590.83$
-$ 322,574.48$ 1,017,932.63$ 1,332,374.20$ 176,424.78$
87,209.04$ 2,410,695.31$ (192,526.00)$ 60,495.29$
(5,456,673.58)$
2,305,378.35$
-$
-$
(82,192.64)$ -$
-$
5,000,854.12$ (100,000.00)$
188,494.45$
57,402.49$
370,474.70$ (300,000.00)$
-$
6,210,483.48$
42,689.10$
-$
1,551,488.08$ -$
7,987.34$
2,313,316.71$
572,890.56$
625,118.45$
77,517.55$
69,834.61$
10,955,950.74$
752,056.42$
3,666,247.80$ (2,722,588.00)$ 5,150,284.97$
(733,311.00)$
6,253,039.15$ 167,735.04$
592,957.15$
(5,564,866.13)$ -$
114,661.03$ 1,804,782.45$
(219,828.00)$
2,227,360.14$
966,334.38$ 5,338,797.73$
565,578.51$
7,135,797.59$
* Interest Earnings include the GASB 31 required recognition of gain/loss on investments to market value as of Fiscal Year End. 4,322,949.18$ (1,715,198.00)$ 247,203.97$
2,555,452.10$ (500,000.00)$
(1,160,000.00)$
2,870,046.17$ (250,000.00)$
-$
-$
Disbursements:
% Funded by
Impact Fees
Redlands Blvd / Grelck Dr to City Limit 801 0105 20,245.58$ 100% FY 25 Redlands Blvd 801 0105 329,754.42$ 100%
Cactus Ave / I-215 to Elsworth 801 0106 9,206.65$ 80% FY 25 Cactus Ave 801 0106 390,793.35$ 80%
Debt Service – 2014 Refunding Lease Revenue Bonds Current Year 965,198.00$ 100% 1,715,198.00$
Existing Debt Service and Future Arterial Streets Development 10,955,950.74$ None
None
Disbursements:
% Funded by
Impact Fees
Redlands Blvd / Locust Ave 808 0040 $ 3,563.97 FY 25 Redlands Blvd / Locust Ave 808 0040 $ 246,436.03 250,000.00$
2,870,046.17$
None
None
Disbursements:
% Funded by
Impact Fees
Debt Service – 2014 Refunding Lease Revenue Bonds 219,828.00$ 100% 219,828.00$
6,253,039.15$
None
None
Disbursements:
% Funded by
Impact Fees
FY 25 Evidence Room and Locker Improvements 803 0063 150,000.00$ 100% Debt Service – 2014 Refunding Lease Revenue Bonds 583,311.00$ 100% 733,311.00$
(5,564,866.13)$
None
None
Fund 2903 - Fire Facility Development Impact Fees
Funds unexpended or uncommitted for five years or more
Fund Balance Designations:
Future Police Facility
Fund 2904 - Police Facility Development Impact Fee
The reservation of Fund Balance and disbursement information for each of the above funds is as follows:
Fund Balance Designations:
Fund 2901 - Arterial Streets Development Impact Fee
Unreserved Fund Balance
Funds unexpended or uncommitted for five years or more
Fund Balance Designations:
Future Fire Facility
Unreserved Fund Balance
Funds unexpended or uncommitted for five years or more
Unreserved Fund Balance
Unreserved Fund Balance
Funds unexpended or uncommitted for five years or more
Fund Balance Designations:
Future Traffic Signal Development
Fund 2902 - Traffic Signal Development Impact Fee
Disbursements:
% Funded by
Impact Fees
807 0053 60,000.00$ 80%
807 0060 286,456.00$ 100%
Pump Track 807 0058 408,730.65$ 100%
FY 25 Pump Track 807 0058 1,967,401.35$ 100%
2,722,588.00$
5,150,284.97$
None
None
Disbursements:
% Funded by
Impact Fees
Senior Center Expansion 803 0057 $ 300,000.00 25% 300,000.00$
370,474.70$
None
None
Disbursements:
% Funded by
Impact Fees
-$
-$
6,210,483.48$
None
None
Disbursements:
% Funded by
Impact Fees
City Hall Elevator Modernization 803 0059 $ 86,200.00 FY 25 City Hall Elevator Modernization 803 0059 $ 541,000.00 Civic Center Exterior Lighting Safety Upgrades 803 0061 $ 112,867.00 FY 25 Civic Center Exterior Lighting Safety Upgrades803 0061 $ 9,933.00 Water Meter Annex 1 803 0065 $ 49,735.56
FY 25 Water Meter Annex 1 803 0065 $ 110,264.44
FY 25 City Hall Security Improvements 803 0060 $ 250,000.00 1,160,000.00$
188,494.45$
None
None
Funds unexpended or uncommitted for five years or more
Fund 2907- Recreation Center Development Impact Fee
Unreserved Fund Balance
Funds unexpended or uncommitted for five years or more
Unreserved Fund Balance
Fund Balance Designations:
Future Parkland Facility
Fund 2905 - Parkland Facilities Development Impact Fee
No Disbursements
Fund Balance Designations:
Future Recreation Center
FY 25 LED Lighting at Various Parks
FY 25 Park Rehab & Refurbishment Program
Unreserved Fund Balance
Funds unexpended or uncommitted for five years or more
Fund Balance Designations:
Future Libraries
Fund 2908 - Libraries Development Impact Fee
Unreserved Fund Balance
Funds unexpended or uncommitted for five years or more
Fund 2909 - City Hall Development Impact Fee
Future City Hall
Fund Balance Designations:
Disbursements:
% Funded by
Impact Fees
Corporate Yard Office Building F 803 0055 $ 121,091.75 100% Corporate Yard Office Remodel 803 0062 $ 30.25 100% FY 25 Corporate Yard Master Plan Update 803 0062 378,878.00$ 100% 500,000.00$
2,555,452.10$
None
None
Disbursements:
% Funded by
Impact Fees
FY 25 Cactus Ave at I-215 801 0106 100,000.00$ 20% 100,000.00$
5,000,854.12$
None
None
Disbursements:
% Funded by
Impact Fees
-$
-$
1,551,488.08$
None
None
Disbursements:
% Funded by
Impact Fees
Animal Shelter Expansion Ph 1 803 0058 82,192.64$ 100% 82,192.64$
-$
None
None
Disbursements:
% Funded by
Impact Fees
50,000.00$ 100%
50,000.00$
887,601.47$
None
None
Funds unexpended or uncommitted for five years or more
Fund Balance Designations:
Future Interchange Improvements
Unreserved Fund Balance
Fund 2911 - Interchange Improvements
Fund 2912 - Maintenance Equipment Development Impact Fee Future Corporate Yard
Unreserved Fund Balance
Fund 2910 - Corporate Yard Development Impact Fee
Fund Balance Designations:
Funds unexpended or uncommitted for five years or more
Fund 2914 Administration Development Impact Fee
DIF Administration
Fund Balance Designations:
Future Development Impact Fee Study
Unreserved Fund Balance
Funds unexpended or uncommitted for five years or more
Fund Balance Designations:
Fund 2913 - Animal Shelter Development Impact Fee
Unreserved Fund Balance
Future Animal Shelter
Funds unexpended or uncommitted for five years or more
Fund Balance Designations:
Future Maintenance Equipment
Unreserved Fund Balance
No Disbursements
Funds unexpended or uncommitted for five years or more
Disbursements:
% Funded by
Impact Fees
-$
-$
171,268.35$
None
None
Disbursements:
% Funded by
Impact Fees
80,281.00$
5,791.00$
106,454.00$
192,526.00$
2,305,378.35$
None
None
Government Code Section 66001(d)(1) requires that at least every five years certain findings be made with respect to each impact fee being assessed. The following information is provided to satisfy this requirement:
(A) Identify the purpose to which the fee is to be put – The purpose of the development impact fee program is to ensure that new development is paying its share of the transportation infrastructure and facility costs associated with the growth resulting from that development. The program includes projects related to Arterial Street Improvements, Traffic Signal improvements, Fire Facilities, Police Facilities, Park Improvements, Recreation Centers, Libraries, City Hall, Corporate Yard, Interchange Improvements, Maintenance Equipment, Animal Shelter Facilities and Impact Fee Administration. (B) Demonstrate a reasonable relationship between the fee and the purpose for which it is charged – The fees are based on the relationship between the needed transportation infrastructure and facility costs associated with the growth resulting from new development. (C) Identify all sources and amounts of funding anticipated for incomplete improvements – Facilities to be funded from development impact fees are also funded by other sources including gas tax, Measure A, General Fund, and grant funding. The specific funding sources utilized for each project depend on funds availability at the time a project is moved forward.
(D) Designate the approximate dates on which the funding is expected to be deposited into the appropriate account or fund – The receipt of funding and the construction of improvements is dependent upon when undeveloped land remaining in the City is developed. Facilities constructed utilizing development impact fee funding are constructed when all required funding is available and the City Engineer has determined that it is appropriate for the project to move forward.
Fund Balance Designations:
Future Public Art Projects
Unreserved Fund Balance
Funds unexpended or uncommitted for five years or more
FY Public Art programs
Fund 2916 Public Art Fee
No Disbursements
Fund Balance Designations:
Future Workforce Development Projects
Unreserved Fund Balance
Funds unexpended or uncommitted for five years or more
Five-Year Reporting Requirements
Fund 2915 Workforce Development Impact Fee
Murals
Utility Boxes
Residential
Residential -
Affordable
Regional
Commercial
General
Commercial Office Industrial
High Cube
Warehouse
Impact Fee Description (SF) (SF) (SF) (SF) (SF) (SF) (SF) Police Facilities $ 0.43 $ 0.22 $ 0.21 $ 0.21 $ 0.28 $ 0.10 $ 0.06 Fire Facilities 0.62 0.31 0.50 0.50 0.55 0.27 0.17 Libraries 0.27 0.13 0.02 0.02 0.03 0.01 0.01 Recreation Centers 0.36 0.18 0.02 0.02 0.02 0.01 - Arterial Streets 3.01 1.51 11.65 12.59 5.58 2.72 0.75 Traffic Signals 0.40 0.20 1.34 1.26 0.74 0.34 0.10 Interchange Improvements 1.37 0.69 9.01 8.94 2.87 1.39 0.39 City Hall 0.21 0.11 0.10 0.10 0.11 0.06 0.01 Animal Shelter 0.04 0.02 - - - - - Corporate Yard 0.39 0.19 0.17 0.17 0.21 0.08 0.05 Maintenance Equipment 0.11 0.06 0.05 0.05 0.06 0.02 0.02 Parks - Land 0.29 0.15 0.05 0.05 0.07 0.03 0.02 Parks - Improvements 2.27 1.14 0.27 0.27 0.35 0.13 0.08 Workforce Development 0.13 0.07 0.23 0.23 0.30 0.11 0.07 Public Art
Total - per square foot 9.90$ 4.98$ 23.62$ 24.41$ 11.17$ 5.27$ 1.73$ City-Wide except MV Ranch and TownGate SP
SF = gross square feet of building space
All Impact Fees include a 2% Admin Fee
Development Impact Fee Rate Table
City-Wide (Except as otherwise noted)
See Planning staff for projects within TownGate Specific Plan (SP200) DIF Rate Table