Attachment E
I. Findings:
development within the City of Orange. The relationship between the fee and the purpose for which it is charged is described than the revenues collected in the prior five years less the projected expenditures of future projects. Fund 573 Library Facilities Fees is in compliance and no refunds need to be made. All documents and amendments incorporated herein by reference are on file with the City Clerk's Office. The purpose of this fee is described in Orange Municipal Code Section 3.50.010.
II. Library Facilities Fee Schedule:
Library Facilities Fees
Fees:
Residential $1,194/unit
Commercial $0.072/sq. ft.
III. Summary of Revenues, Expenditures and Changes in Fund Balance - Budget and Actual FY 2021-22 FY 2021-22
Fund 573 Fund 573
Library Library
Budget Actual
Revenues and Transfers In
Interest on Investments 3,873 (31,636)
Library Impact Fees 216,430 137,740
Admin Fee 5,303 3,235
Total Revenues 225,606 109,340
Expenditures and Transfers Out
20347 Enterprise Access System (6/2023) 45,000 -
20358 Carpeting - Orange Public Library (project to be consolidated into 65,355 - 20461 Main Library Improvements in Fiscal Year 23)
20445 Study Room Soundproofing (project to be consolidated into 35,000 - 20461 Main Library Improvements in Fiscal Year 23)
20446 Children's Courtyard Rehabilitation Support (completed) 8,447 8,447 20461 Main Library Improvements (ongoing) 149,491 6,706 20462 Taft Library Improvements (ongoing) 214,532 58,205 20463 El Modena Library Improvements (ongoing) 155,844 434 30055 Painting - Library Buildings (project to be consolidated into 190,900 - 20461 Main Library Improvements in Fiscal Year 23)
30056 HVAC Replacement - Library (6/2026) 283,835 -
Total Expenditures 1,148,404 73,791
Net Increase(Decrease) 35,549
Beginning Fund Balance 888,205
Ending Fund Balance 923,753
Fund 573
City of Orange
Annual Report for Library Facilities Development Fees
For The Year Ended June 30, 2022
incomplete improvements and designates approximate dates on which the funding is expected to be deposited into the fund.
Per the California Government Code Section 66001 (d), the City is required to refund the unexpended revenues that are more The fee provides for new library facilities and other capital acquisition costs required, incrementally, by new residential Improvement Plan adopted in June 2020 identifies all sources and amounts of funding anticipated to complete financing of in the "City of Orange Library Impact Fee Study", dated April 2, 2003, prepared by Maximus, Inc. The City's 5-year Capital Attachment E
Projected future projects:
Estimated Expenditures
20347 Enterprise Access System (6/2023) 45,000
20461 Main Library Facility Improvement (ongoing) 257,785 20462 Taft Library Facility Improvement (ongoing) 156,327 20463 El Modena Facility Improvement (ongoing) 155,410 30056 HVAC Replacement - Library (6/2026) 283,835
Total Estimated Expenditures 898,357