Attachment B
Annual Report for Park Infill Fees
For The Year Ended June 30, 2023
I. Findings:
The fee provides for residential development projects to finance the cost of park facilities and improvements required by new residential development. The relationship between the fee and the purpose for which it is charged is described in the April 2000 City of Orange improvements and designates approximate dates on which the funding is expected to be deposited into the fund. Per the California in the prior five years less the projected expenditures of future projects. Fund 510 Park Acquisition - Infill 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 3.40.010.
II. Park Infill Fee Schedule:
Fund 510
Park Acquisition Infill
Fees:
Residential $15,520/unit
Government Code Section 66001 (d), the City is required to refund the unexpended revenues that are more than the revenues collected Quimby Ordinance Background Report, with amendments, which is incorporated herein by reference. The City's 5-year Capital City of Orange
Improvement Plan adopted in June 2023 identifies all sources and amounts of funding anticipated to complete financing of incomplete Attachment B
III. Summary of Revenues, Expenditures and Changes in Fund Balance - Budget and Actual FY 2022-23 FY 2022-23
Fund 510 Fund 510
Park Aquisition Park Aquisition
Infill Infill
Budget Actual
Revenues and Transfers In
Interest on Investments 32,074 113,379
Park Acquisition Fees 796,345 63,402
Admin Fee 19,510 7,243
Total Revenues 847,929 184,024
Expenditures and Transfers Out
20059 Lot Shade Sails (6/2026) 393,496 190,316
20266 Park Video Surveillance & Security (ongoing) 20,999 15,122 20315 Hart Park Pickleball and Fitness Circuit (6/2027) 550,000 367 20321 Grijalva Park Master Plan Update (6/2024) 104,198 - 20347 Enterprise Access System (6/2024) 45,000 -
20435 Olive Park Kitchen Update (6/2024) 49,474 356
20437 Park Signage Installation (6/2025) 564,787 323,483 20440 Rubberized Tot Lot Surface Replacement (completed) 80,515 80,515 20475 Resurfacing Bike Trails and Walking Paths (6/2024) 208,898 148 20477 Area Lighting Replacement at Grijalva Park (6/2024) 351,691 38,708 20479 Hart and Handy Parks Land Acquisition (completed) 398,800 398,800 20507 Park Facility Roof Repairs (6/2024) 322,710 292
20508 Irrigation Booster Pump Replacement (completed, some cost items 120,680 292 remaining)
20513 New Park in West Orange (6/2028) 4,800 -
30053 Parking Lot Pavement Rehabilitation (ongoing) 612,934 668 30133 Hart Park Field Improvements (6/2025) 250,000 6,293 4,078,981 1,055,358
Net Increase(Decrease) (871,334)
Beginning Fund Balance 7,771,834
Ending Fund Balance 6,900,500
Projected future projects:
Estimated Expenditures
20059 Tot Lot Shade Sails (6/2026) 203,180
20266 Park Video Surveillance & Security (ongoing) 5,877 20315 Hart Park Pickleball and Fitness Circuit (6/2027) 549,633 20321 Grijalva Park Master Plan Update (6/2024) 100,000 20347 Enterprise Access System (6/2024) 45,000
20435 Olive Park Kitchen Update (6/2024) 49,118
20437 Park Signage (6/2025) 301,304
20475 Resurfacing Bike Trails and Walking Paths (6/2024) 208,750 20477 Area Lighting Replacement at Grijalva (6/2024) 312,983 20507 Park Facility Roof Repairs (6/2024) 322,418
20508 Irrigation Booster Pump Replacement (completed, some cost items 120,388 remaining)
20513 New Park in West Orange (6/2028) 225,000
20520 Cerro villa Open Space Improvements (6/2024) 35,000 20521 Yorba Dog Park Improvements (6/2024) 125,000
30053 Parking Lot Pavement Rehabilitation (ongoing) 612,266 30133 Hart Park Ball Field Netting (6/2025) 243,707
Total Estimated Expenditures 3,459,625
In Fiscal Year 2023, the City entered into a 55 year loan with Valencia Gardens for $762,500, a portion of which is in Fund 510 (Park Acquisition). Revenue for the loan will be recognized when the City receives payment from Valencia Gardens.