Agenda packet — Finance & Governance Committee, November 12, 2024

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AGENDA

OXNARD CITY COUNCIL

FINANCE AND GOVERNANCE COMMITTEE
Council Chambers, 305 West Third Street
November 12, 2024
Regular Meeting - 5:00 to 6:30 PM

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1 OXNARD CITY COUNCIL: FINANCE & GOVERNANCE COMMITTEE
November 12, 2024 - Page 2

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A. ROLL CALL, POSTING OF AGENDA, FLAG SALUTE

CONSIDERATION OF TELECONFERENCE PARTICIPATION PURSUANT TO ASSEMBLY BILL 2449.

During this meeting, Councilmember Gabriel Teran will be participating remotely from the following location: Best Western Kodiak Inn, 236 W. Rezanof Drive, Kodiak, AK 99615.

B. PUBLIC COMMENTS ON ITEMS NOT ON THE AGENDA

A person may address the legislative body only on matters not appearing on the agenda and within the subject matter jurisdiction of the legislative body. Speaker requests shall be submitted as set forth on the first page of this agenda. Speakers are limited to three minutes. After 30 minutes, if all speakers have not had the opportunity to speak, the remaining speakers will be given an opportunity to speak prior to adjournment of the meeting. The legislative body cannot enter into a detailed discussion or take action on any items presented during public comments at this time. Such items may only be referred to the City Manager/Executive Director/Secretary for administrative action or scheduled on a subsequent agenda for discussion. Persons wishing to speak on public hearing items should do so at the time of the hearing.

C. CONSENT AGENDA

1. City Clerk Department
SUBJECT: Approval of Minutes.

RECOMMENDATION: That the Finance & Governance Committee approve the minutes of the September 24, 2024 regular meeting as presented.

Contact: Rose Chaparro, (805) 385-7805
D. REPORTS

1. Finance Department
SUBJECT: AB1600 Annual Report for Development Impact and In-Lieu Fees for the fiscal year ending June 30, 2024. (10 minutes)

RECOMMENDATION: That the Finance and Governance Committee recommend that the City Council receive and file the AB1600 Annual Report for Development Impact and In-Lieu Fees for the fiscal year ending June 30, 2024.

(Presentation will be live upon consultant’s request).

Contact: Javier Chagoyen-Lazaro, (805) 200-5400
E. ITEMS FOR FUTURE AGENDAS

2 OXNARD CITY COUNCIL: FINANCE & GOVERNANCE COMMITTEE
November 12, 2024 - Page 3

F. ADJOURNMENT

3 FINANCE AND GOVERNANCE COMMITTEE

AGENDA REPORT

CONSENT AGENDA
AGENDA ITEM NO. C.1

DATE: November 12, 2024

TO: Finance & Governance Committee

FROM: Rose Chaparro, City Clerk, (805) 385-7805, [email protected]

SUBJECT: Approval of Minutes.

RECOMMENDATION

That the Finance & Governance Committee approve the minutes of the September 24, 2024 regular meeting as presented.

BACKGROUND

Approval of Minutes.

STRATEGIC PRIORITIES

This agenda item is a routine operational item.

FINANCIAL IMPACT

There is no financial impact.

Prepared by: Rose Chaparro, City Clerk

ATTACHMENTS

1. MINUTES 09 24 2024 Finance & Governance

4 MINUTES

OXNARD CITY COUNCIL

FINANCE AND GOVERNANCE COMMITTEE
Regular Meeting
September 24, 2024

A. ROLL CALL, POSTING OF AGENDA, FLAG SALUTE
At 5:04 p.m., Chair John C. Zaragoza called to order the regular meeting of the Oxnard City Council Finance and Govern ance Committee in the City Hall Council Chambers at 305 W. Third Street, Oxnard, California. The City Clerk called the roll and announced the posting of the a genda. Chair John C. Zaragoza , Member Gabriela Basua, and Member Gabriel (Gabe) Teran were present in person.

Consideration of Teleconference Participation pursuant to Assembly Bill 2449.

B. PUBLIC COMMENTS ON ITEMS NOT ON THE AGENDA

Public comments were received from Commissioner Ronald Arruej o who announced the upcoming election forum organized by the Inter-Neighborhood Council Organization (INCO) scheduled for September 30, 2024.

C. CONSENT AGENDA

1. City Clerk Department
SUBJECT: Approval of Minutes.

RECOMMENDATION: That the Finance & Governance Committee approve the minutes of the July 23, 2024 regular meeting as presented.

It was moved by Member Teran, seconde d by Member Basua, to ap prove the Information/Consent item as presented. VOTE: Basua, Teran, and Zaragoza voted in favor; the motion passed 3-0.

D. REPORTS

1. City Manager Department
SUBJECT: Restatement of City and Successor Agency Capital Assets.

RECOMMENDATION: That the Finance and Governance Committee recommends that the City Council receives and files a report on the Restatement of City and Oxnard Community Development Commission Successor Agency (Successor Agency) Capital Assets.

Adam Smith, Project Manager presented and answered the Committee ’s questions. No public comments were received. Discussion ensued among the Committee and staff.

5 September 24, 2024 OXNARD CITY COUNCIL PAGE 2

FINANCE & GOVERNANCE COMMITTEE

It was moved by Member Teran, seconded by Member Basua, to approve the r ecommended action as presented. VOTE: Basua, Teran, and Zaragoza vot ed in favor; the motion carried 3-0.

E. ITEMS FOR FUTURE AGENDAS (No requests were made.)

F. ADJOURNMENT
There being no further business on the agenda, and without objection, Chair Zaragoza adjourned the meeting at 5:13 p.m.

ROSE CHAPARRO JOHN C. ZARAGOZA
City Clerk Chair

6 FINANCE AND GOVERNANCE COMMITTEE

AGENDA REPORT

REPORTS
AGENDA ITEM NO. D.1

DATE: November 12, 2024

TO: Finance & Governance Committee

FROM: Javier Chagoyen-Lazaro, Chief Financial Officer, (805) 200-5400, [email protected]

SUBJECT: AB1600 Annual Report for Development Impact and In-Lieu Fees for the fiscal year ending June 30, 2024. (10 minutes)

RECOMMENDATION

That the Finance and Governance Committee recommend that the City Council receive and file the AB1600 Annual Report for Development Impact and In-Lieu Fees for the fiscal year ending June 30, 2024.

(Presentation will be live upon consultant’s request).

BACKGROUND

Development Impact Fees (DIFs) are monetary exactions, other than taxes or special assessments, which are charged by a local governmental agency to an applicant in connection with approval of a development project.

The purpose of these fees is to defray all or a portion of the cost of public facilities related to the development project. The Mitigation Fee Act (Act), commonly known as Assembly Bill 1600 (AB1600), was adopted by the state of California in 1987 and is codified at Sections 66000 et seq. of the Government Code. AB1600 was enacted to ensure that new development mitigates its impact on the City’s infrastructure.

AB1600 requires that agencies report annually on the fees collected and the use of those fees. The specific requirements are:

1. Brief description of the type of fee in the account or fund

2. Amount of the fee

3. Beginning and ending balance in the account or fund

4. Amount of fees collected and the interest earned during the previous year

5. Identification of each public improvement for which fees were expended and the amount of expenditures, including the total percentage of the cost of the public improvement that was funded with fees

6. An identification of an approximate date by which the construction of the public improvement will commence if the local agency determines that sufficient funds have been collected to complete financing on an incomplete public improvement and the public improvement remains incomplete

7. Description of each interfund transfer or loan made from the account, including the public improvement on which the transferred or loaned fees will be expended, and when each loan will be repaid and the rate of interest the account will receive on the loan

8. Identification of any refunds made once determined that sufficient monies have been collected to fund fee- related projects
7 On October 11, 2023, California Governor Gavin Newson signed into law AB 516 which amended certain portions of the Mitigation Fee Act related to the annual and five-year reporting requirements. Under AB 516, Requirements 6 and 8 have been expanded to include:

DISCUSSION

The City Council last approved the required annual report on the City’s development impact fees on December 19, 2023 for the fiscal years ended June 30, 2023. The City has contracted with Harris & Associates, Inc. to prepare the required AB1600 Report for the fiscal year ended June 30, 2024. The attached report (Attachment 1) provides all of the required information as noted in the Background section above for the fiscal year ended June 30, 2024. The City’s Affordable Housing and utility undergrounding In-Lieu fees are also included in this report. These are fees that developers may elect to pay in-lieu of building the required inclusionary units or undergrounding their fronting utilities.

Improvements to the City’s infrastructure are identified to meet current needs and to accommodate future growth. The governing document identifying these improvements may be the Capital Improvement Program (CIP), an Environmental Impact Report, a master plan, or a specific City Council action. The City recently adopted the 2025-2029 CIP plan which has also influenced the projects identified in the report.

New development that benefits from a particular improvement pays its pro-rata share of that improvement.

Usually, the pro-rata share (fee) collected does not fully fund the infrastructure so other City resources are included. When an improvement benefitting a property has been constructed by the City, the new development’s pro-rata share (fee) reimburses the City. If a developer has constructed an improvement, they receive reimbursement from fees collected by the City from other developments that contributed to the fee program that infrastructure is a part of. For relevant projects, the attached report shows how much of the project is funded with fees. The dates of the improvements are dependent upon the rate of development and the collection of sufficient revenues to complete the improvements.

STRATEGIC PRIORITIES

This agenda item is a routine operational item or does not relate to the five strategic priorities adopted by City Council on March 16, 2021.

FINANCIAL IMPACT

There is no financial impact.

AB1600 allows a local agency to impose fees in connection with approval of a development project to defray all or a portion of the cost of public facilities related to the development project. If the local agency does not identify a specific use for the funds collected or uses of the funds for the specified public facility, it is required to refund, on a pro rata basis to the current record owner(s), the unexpended portion of the fee and any interest accrued thereon.

Prepared by: Javier Chagoyen-Lazaro, Chief Financial Officer

8 ATTACHMENTS

1. FY 23-24 AB1600 Report

2. AB1600 Finance Committee FY 23-24 Presentation

9 AB1600 Annual Report for
Development Impact and In-Lieu Fees
City of Oxnard

For the Fiscal Year Ending June 30, 2024

Prepared by:

101 Progress, Suite 250 | Irvine, CA | 92618
10 Development Impact Fee Annual Report (FY 23-24)

Table of Contents

Executive Summary .................................................................................................................................. 1 Section 1 – Requirements of the Mitigation Fee Act (AB1600) ............................................................... 2 Section 2 – Annual Report ........................................................................................................................ 4 Fund 350-8020: Park and Recreation Fee ............................................................................................. 4 Fund 350-8030: Storm Drain Facility Fee ............................................................................................ 9 Fund 350-8040: Traffic Circulation Fee ............................................................................................. 14 Funds 350-8050 & 350-8060: Growth Requirement Capital Fee ....................................................... 19 Fund 350-8055: Mobility Fee ............................................................................................................. 25 Fund 350-8080: Public Art Program Fee ............................................................................................ 29 Funds 603 & 605: Water Resource Development Fee & Capital Facility Charge.............................. 34 Fund 613: Wastewater Collection Connection & Treatment Fee ....................................................... 40 Fund 360-7050: Affordable Housing In-Lieu Fee .............................................................................. 45 Fund 350-8070: Utility Undergrounding In-Lieu Fee ........................................................................ 50 Section 3 – Fund Summary ..................................................................................................................... 54

11 ____________________________________________________________________________________

Development Impact Fee Annual Report (FY 23-24) 1

Executive Summary
Development Impact Fees (DIFs) are fees imposed by a local government on new or proposed development projects to ensure public services and infrastructure will be sufficient to serve those new development projects. California state law requires local agencies, on an annual basis, to prepare a report on the status of their Development Impact Fee (DIF) program in accordance with California Assembly Bill 1600 (AB1600) . The City’s In -Lieu fees that new development may choose to pay in lieu of mitigating their impacts through construction are also included in this report. This report will serve as the City of Oxnard’s AB1600 report for the fiscal year starting July 1, 2023, and ending June 30, 2024 (FY 23-24).

The City of Oxnard’s AB1600 five-year report was completed last year for the fiscal year starting July 1, 2018, and ending June 30, 2023. The next five -year report will be completed with the AB1600 Report for FY 27-28 and will cover July 1, 2023 to June 30, 2028.

The fees for Parks and Recreation, Storm Drain, Traffic Circulation, Growth Requirement Capital (Residential and Non -Residential), Public Art Pro gram, Utility Undergrounding In -Lieu, and Affordable Housing In-Lieu were updated on May 19, 2020, by Resolution 15,329 adopting the City of Oxnard Development Impact Fee Nexus Study (April 2020) and Resolution 15,330 adopting the Affordable Housing In Lieu Fee Nexus Study (April 2020). To assist developers with adjusting to the new rates, Council adopted a phased in approach based upon level of fee increase and comparison with surrounding jurisdiction DIFs. The updated fees became effective July 18, 2020, and are adjusted annually using the June Engineering News Record (ENR) Construction Cost Increase (CCI) for the Los Angeles region. The City is currently working on updating the DIFs and anticipates adoption in 2025.

The City of Oxnard currently collects the DIFs and In-Lieu fees listed in the table below.

Fee Fund Number
Parks and Recreation Fee 350-8020
Storm Drain Facility Fee 350-8030
Traffic Circulation Fee 350-8040
Growth Requirement Capital Fee
(Residential & Non-Residential)
350-8050 &
350-8060
Mobility Fee 350-8055
Art in Public Places Fee 350-8080
Water Resource Development Fee 603
Water Capital Facility Charge 605
Wastewater Collection Connection & Treatment Fee 613
Affordable Housing In-Lieu Fee 360-7050
Utility Undergrounding In-Lieu Fee 350-8070
12 ____________________________________________________________________________________

Development Impact Fee Annual Report (FY 23-24) 2

Section 1 – Requirements of the Mitigation Fee Act (AB1600) Assembly Bill 1600 (AB1600), commonly known as the Mitigation Fee Act, was enacted by the State of California in 1987 and created Section 66000 et. seq. of the Government Code. AB1600 requires the City to report fee information annually and every fifth year. Within 180 days after the last day of each fiscal year, the City must make available the following information from the prior fiscal year:

1. Brief description of the type of fee in the account or fund

2. Amount of the fee

3. Beginning and ending balance in the account or fund

4. Amount of fees collected and the interest earned during the previous year

7. Description of each inter fund transfer or loan made from the account , including the public improvement on which the transferred or loaned fees will be expended, and when each loan will be repaid and the rate of interest the account will receive on the loan

8. Identification of any refunds made once determined that sufficient monies have been collected to fund fee-related projects

On October 11, 2023, California Governor Gavin Newson signed into law AB 516 which amended certain portions of the Mitigation Fee Act related to the annual and five -year reporting requirements. Under AB 516, Requirements 6 and 8 have been expanded to include:

6a. Identification of each public improvement identified in the previous report and whether construction began on the approximate date noted
6b. For previously identified projects that did not start construction on the approximate date in the previous report, the reason for the delay and a revised approximate date that the local agency will commence construction, if applicable
8a. For any refunds made, the number of persons or entities identified to receive those refunds For the fifth fiscal year following the first deposit into the account or fund, and every five years thereafter, the City must make the following findings with respect to any remaining funds in the fee account, regardless of whether those funds are committed or uncommitted:

1. Identification of the purpose to which the fees are to be put

2. Demonstrate a reasonable relationship between the fee and the purpose for which it is charged

3. Identification of all sources and amounts of funding anticipated to complete financing for incomplete improvements identified as part of the City’s annual report

4. Identification of the approximate dates on which the funding referred to in Requirement 3 is expected to be deposited into the appropriate account or fund

13 ____________________________________________________________________________________

Development Impact Fee Annual Report (FY 23-24) 3

The City must make this information available for public review and must present it at the next regularly scheduled public meeting no less than 15 days after this information is made available to the public. This report is intended to satisfy the annual reporting requirements for FY 23-24. The City previously completed a five-year report in FY 22-23.

14 ____________________________________________________________________________________

Development Impact Fee Annual Report (FY 23-24) 4

Section 2 – Annual Report
The following section provides information necessary to meet the legal requirements for each impact fee fund. This includes a brief description of the fee, the amount of the fee, the beginning and ending balances, fee revenues collected, interest earned, and the expenditures on each project including the percentage that was funded with fees . It also includes a table summary of whether sufficient funds have been identified to complete future projects and the approximate date by which the construction of the public improvement will commence if sufficient funds have been identified.

Any transfers or loans are also identified as well as any refunds from the account.

Fund 350-8020: Park and Recreation Fee
Requirement 1. Brief description of the type of fee in the account or fund.

The Park and Recreation Fee requires that all
new residential development pay a one -time
fee per residential unit to fund the construction
of new parks. The Park and Recreation Fee
was originally established by Ordinances
1421, 1448, 1696, 1949, and 2031 and was
updated in 2020 via Resolution 15,329.

Requirement 2. Amount of the fee.

The Park and Recreation Fee for FY 23-24 is summarized in Table 1.

Table 1: Park and Recreation Fee

Requirement 3. Beginning and ending balance in the account or fund.

Table 2 summarizes the beginning and ending fund balances for the Park and Recreation Fee for FY 23-24.

Land Use
Fee as of
July 18, 2022
Fee as of
July 18, 2023
Residential (per DU)
Single Family $6,993.00 $7,784.82
Multi Family $4,624.00 $5,147.58
Non-Residential
All Non-Residential Exempt Exempt
15 ____________________________________________________________________________________

Development Impact Fee Annual Report (FY 23-24) 5

Requirement 4. Amount of fees collected and the interest earned during the previous year.

Table 2 summarizes the fees collected and the interest earned for the Park and Recreation Fee during FY 23-24.

Table 2: Park and Recreation Fee Fund Summary

Requirement 5. Identification of each public improvement for which fees were expended and the amount of expenditures, including the total percentage of the cost of the public improvement that was funded with fees.

Table 3 displays the expenditures on Park and Recreation Fee projects for FY 23-24.

Requirement 6. An identification of an approximate date by which the construction of the public improvement will commence if the local agency determines that sufficient funds have been collected to complete financing on an incomplete public improvement and the public improvement remains incomplete. Identification of each public improvement identified in the previous report and whether construction began on the approximate date noted. For previously identified projects Fund No. 350-8020
Park and Recreation Fee
Beginning Fund Balance as of July 1, 2023 $835,757.92
Revenues
Fees Collected $960,493.02
Interest Earned $48,393.91
Fair Market Value Adjustment1 ($4,308.51)
Other Revenues $0.00
Total Revenues $1,004,578.42
Expenses
Project Expenses $0.00
Developer Reimbursement $0.00
Indirect Charges2 ($780.00)
Total Expenses ($780.00)
Transfers In $0.00
Transfers Out $0.00
Ending Balance as of June 30, 2024 $1,839,556.34
2) Indirect Charges include central services expenses related to administering the fee program.
1) Fair Market Value Adjustment may be negative due to GASB Statement 31 for a temporary fair value adjustment.
16 ____________________________________________________________________________________

Development Impact Fee Annual Report (FY 23-24) 6

that did not start construction on the approximate date in the previous report, the reason for the delay and a revised approximate date that the local agency will commence construction, if applicable.

Table 3 outlines the planned projects for the Park and Recreation Fee and the anticipated construction start date for each project. If the approximate start date for a project has been revised from the last AB1600 Report, the reason is listed. 17 ______________________________________________________________________________________________________________________

Development Impact Fee Annual Report (FY 23-24) 7

Table 3: Park and Recreation Fee Projects

Project No. Project Name Project Budget1 Fund Budget1
E xpenditures
to Date
FY23-24
Actual
E xpenditures Future E xpenditures
% Funded
by Fee
Approx.

Construction
Start Date (from
FY22-23 Report)
Approx.

Construction Start
Date (revised for
FY23-24)2
Reason for revised start
date
(if applicable)
C9001 Cabrillo Neighborhood Park 161,045.00$ 16,837.00$ -$ -$ 16,837.00$ 10% FY 27-28 FY 27-28 n/a C9401 Citywide Park Improvement Program 322,292.00$ 322,292.00$ 44,869.90$ -$ 277,422.10$ 100% FY 27-28 In Progress n/a C2104 Campus Park Activation 9,350,000.00$ 850,000.00$ -$ -$ 850,000.00$ 9% FY 24-25 FY 25-26 Construction Delay C2249 Skatepark in Colonia 4,800,000.00$ 300,000.00$ -$ -$ 300,000.00$ 6% FY 24-25 FY 25-26 Construction Delay - Indirect Charges 3 n/a n/a n/a 780.00$ n/a n/a n/a n/a n/a GRAND TOTAL 14,633,337.00$ 1,489,129.00$ 44,869.90$ 780.00$ 1,444,259.10$ 1) Budgets identified from City Budget documents, the City of Oxnard 2025-2029 Capital Improvement Program, and City staff. 2) Construction start date may be revised pending availability of funds and staff resources. 3) Indirect Charges include central services expenses related to administering the fee program. 18 _____________________________________________________________________________________

Development Impact Fee Annual Report (FY 23-24) 8

Requirement 7. Description of each interfund transfer or loan made from the account, including the public improvement on which the transferred or loaned fees will be expended, and when each will be repaid and the rate of interest the account will receive on the loan.

There were no transfers or loans from this fund in FY 23-24.

Requirement 8. Identification of any refunds made once determined that sufficient monies have been collected to fund fee-related projects. For any refunds made, the number of persons or entities identified to receive those refunds.

There were no refunds made from this fund in FY 23-24.

19 _____________________________________________________________________________________

Development Impact Fee Annual Report (FY 23-24) 9

Fund 350-8030: Storm Drain Facility Fee
Requirement 1. Brief description of the type of fee in the account or fund.

The City imposes a fee on new
development based upon their prorated
share of the cost of constructing the
improvements identified in the City’s
Drainage Master Plan. The City’s Storm
Drain Facility Fees were based on
Ordinance 2258 and Resolution 10274
and were updated as part of the 2020 DIF
update via Resolution 15,329.

Requirement 2. Amount of the fee.

The Storm Drain Facility Fee for FY 23-24 is summarized in Table 4 below.

Table 4: Storm Drain Facility Fee

Requirement 3. Beginning and ending balance in the account or fund.

Table 5 summarizes the beginning and ending fund balances for the Storm Drain Facility Fee for FY 23-24.

Requirement 4. Amount of fees collected and the interest earned during the previous year.

Table 5 summarizes the fees collected and the interest earned for the Storm Drain Facility Fee during FY 23-24.

Land Use
Fee as of
July 18, 2022
Fee as of
July 18, 2023
Residential (per gross Acre)
Single Family $21,263 $23,670
Multi Family $29,237 $32,547
Non-Residential (per gross Acre)
All Non-Residential $29,237 $32,547
20 _____________________________________________________________________________________

Development Impact Fee Annual Report (FY 23-24) 10

Table 5: Storm Drain Facility Fee Fund Summary

Table 6 summarizes the expenditures this past year on storm drain projects.

Fund No. 350-8030
Storm Drain Facility Fee
Beginning Fund Balance as of July 1, 2023 $10,032,449.32 Revenues
Fees Collected $173,386.74
Interest Earned $333,428.00
Fair Market Value Adjustment1
$230,072.00
Other Revenues $0.00
Total Revenues $736,886.74
Expenses
Project Expenses $0.00
Developer Reimbursement $0.00
Indirect Charges2 ($19,026.00)
Total Expenses ($19,026.00)
Transfers In $0.00
Transfers Out $0.00
Ending Balance as of June 30, 2024 3 $10,750,310.30
3) Ending fund balance calculated using the Revenues & Expenses listed is off by 24 cents likely due to rounding in the data. The listed balance is from the City's financial data. 2) Indirect Charges include central services expenses related to administering the fee program. 1) Fair Market Value Adjustment may be negative due to GASB Statement 31 for a temporary fair value adjustment.
21 _____________________________________________________________________________________

Development Impact Fee Annual Report (FY 23-24) 11

Table 6 summarizes the planned projects for the Storm Drain Facility Fee and the anticipated construction start date for each project. If the approximate start date for a project has been revised from the last AB1600 Report, the reason is listed. The City’s CIP budget team is aware of the additional funds available for Storm Drain projects and are identifying eligible projects to be incorporated in the future CIP budget. 22 ______________________________________________________________________________________________________________________

Development Impact Fee Annual Report (FY 23-24) 12

Table 6: Storm Drain Facility Fee Projects

•
Project No. Project Name Project Budget1 Fund Budget1
E xpenditures
to Date
FY23-24
Actual
E xpenditures
Future Fund
E xpenditures
% Funded by
Fee
Approx.

Construction
Start Date (from
FY22-23 Report)
Approx.

Construction
Start Date
(revised for FY23-
24)2
Reason for
revised start date
(if applicable)
C2406 Storm Drain Improvements Citywide 1,150,000.00$ 1,150,000.00$ -$ -$ 1,150,000.00$ 100% FY 27-28 FY 27-28 n/a C2534 Butler Road Stormdrain Improvements Project 750,000.00$ 750,000.00$ -$ -$ 750,000.00$ 100% n/a FY 27-28 n/a C2535 Blackstock and Pleasant Valley Estates
Neighborhood Stormdrain Improvements Project 1,500,000.00$ 1,500,000.00$ -$ -$ 1,500,000.00$ 100% n/a FY 26-27 n/a - Indirect Charges 3 n/a n/a n/a 19,026.00$ n/a n/a n/a n/a n/a GRAND TOTAL 3,400,000.00$ 3,400,000.00$ -$ 19,026.00$ 3,400,000.00$ 1) Budgets identified from City Budget documents, the City of Oxnard 2025-2029 Capital Improvement Program, and City staff. 2) Construction start date may be revised pending availability of funds. Construction start date may incorporate the start of the design phase of the project. 3) Indirect Charges include central services expenses related to administering the fee program. 23 _____________________________________________________________________________________

Development Impact Fee Annual Report (FY 23-24) 13

There were no transfers or loans from this fund in FY 23-24.

There were no refunds made from this fund in FY 23-24.

24 _____________________________________________________________________________________

Development Impact Fee Annual Report (FY 23-24) 14

Fund 350-8040: Traffic Circulation Fee
Requirement 1. Brief description of the type of fee in the account or fund.

The City charges a fee to all new development and redevelopment in the City that generates additional vehicular trips above what can be reasonably associated with the current use of the property. The fee is used to construct improvements to the circulation system. The City’s Traffic Circulation Fee (Formerly Circulation System Improvement Fee ) was established under Ordinance 2258 and Resolutions 10016, 10673, 13328, 13600, and 13890 and was updated and renamed to the Traffic Circulation Fee during the 2020 DIF update via Resolution 15,329.

Requirement 2. Amount of the fee.

The Traffic Circulation Fees for FY 23-24 are summarized in Table 7.

Table 7: Traffic Circulation Fee

Land Use
Fee as of
July 18, 2022
Fee as of
July 18, 2023
Residential (per DU)
Single Family $10,919.84 $12,156.29
Mobile Home $5,783.52 $6,438.39
Low-Rise Multi Family $8,466.25 $9,424.89
Mid-Rise Multi Family $6,293.24 $7,005.83
High-Rise Multi Family $5,147.49 $5,730.34
Senior Housing $4,626.59 $5,150.46
Commercial (per 1,000 SF)
Office $11,266.36 $12,542.05
Medical Office $6,767.19 $7,533.44
General Commercial (C2) $7,332.80 $8,163.09
Light Industrial $5,736.57 $6,386.13
Warehouse $2,012.05 $2,239.87
New Car Sales $6,882.32 $7,661.61
Church $4,603.12 $5,124.33
Restaurant $21,803.90 $24,272.76
Fast Food w/ Drive Thru $114,398.39 $127,351.74
Fueling Station w/ Car Wash
Self Service Car Wash (per Stall) $30,351.76 $33,788.49 Gas Station (per fueling station) $45,924.00 $51,123.99 Hotel/Motel (per Room)
All Hotel/Motel $5,633.74 $6,271.65
Other (per Average Daily Trip)
Other Uses Not Noted $1,156.93 $1,287.93
25 _____________________________________________________________________________________

Development Impact Fee Annual Report (FY 23-24) 15

Requirement 3. Beginning and ending balance in the account or fund.

Table 8 summarizes the beginning and ending fund balances for the Traffic Circulation Fee for FY 23-24.

Requirement 4. Amount of fees collected and the interest earned during the previous year.

Table 8 summarizes the fees collected and the interest earned for the Traffic Circulation Fee during FY 23-24.

Table 8: Traffic Circulation Fee Fund Summary

Table 9 summarizes the expenditures this past year on Traffic Circulation Fee projects.

Fund No. 350-8040
Traffic Circulation Fee
Beginning Fund Balance as of July 1, 2023 $15,997,891.85 Revenues
Fees Collected $5,094,642.51
Interest Earned $603,100.30
Fair Market Value Adjustment1
$312,492.21
Other Revenues $0.00
Total Revenues $6,010,235.02
Expenses
Project Expenses ($1,321,643.08)
Developer Reimbursement $0.00
Indirect Charges2 ($17,166.00)
Total Expenses ($1,338,809.08)
Transfers In $0.00
Transfers Out $0.00
Ending Balance as of June 30, 2024 $20,669,317.79
2) Indirect Charges include central services expenses related to administering the fee program.
1) Fair Market Value Adjustment may be negative due to GASB Statement 31 for a temporary fair value adjustment.
26 _____________________________________________________________________________________

Development Impact Fee Annual Report (FY 23-24) 16

Table 9 outlines the planned projects for the Traffic Circulation Fee projects and the anticipated construction start date for each project. If the approximate start date for a project has been revised from the last AB1600 Report, the reason is listed. 27 ______________________________________________________________________________________________________________________

Development Impact Fee Annual Report (FY 23-24) 17

Table 9: Traffic Circulation Fee Projects

Project No. Project Name Project Budget1 Fund Budget1
E xpenditures
to Date
FY23-24
Actual
E xpenditures Future E xpenditures
% Funded
by Fee2
Approx.

Construction
Start Date (from
FY22-23 Report)
Approx.

Construction
Start Date
(revised for
FY23-24)2
Reason for
revised start
date
(if applicable)
C1301 Rice Avenue & Fifth Street Railroad Grade Separation 114,260,096.00$ 6,431,096.00$ 784,007.69$ 15,264.24$ 5,631,824.07$ 5.63% In Progress In Progress n/a C1703 Oxnard Boulevard & Saviers Road Signal Improvements 3,208,956.00$ 726,566.00$ 71,408.68$ 655,156.97$ 0.35$ 22.64% In Progress In Progress n/a C1801 Oxnard Boulevard Bicycle Facilities Installation 2,747,978.00$ 708,828.00$ 43,658.22$ 330.00$ 664,839.78$ 25.79% In Progress In Progress n/a C1808 Traffic Signal Modifications 3,869,273.00$ 25,035.00$ 25,034.64$ -$ 0.36$ 0.65% In Progress Complete Completed C2003 Adaptive Traffic Signal 1,852,000.00$ 1,852,000.00$ 1,042,770.05$ 1,506.00$ 807,723.95$ 100.00% In Progress In Progress n/a C2005 Etting Road Bike & Pedestrian Facilities 3,107,964.00$ 411,147.00$ -$ 388,528.18$ 22,618.82$ 13.23% n/a In Progress New Project C2006 Traffic Signal Modernization 5,935,409.00$ 2,935,409.00$ 403,588.18$ 225,960.19$ 2,305,860.63$ 49% In Progress In Progress n/a C2213 US 101 Del Norte Interchange Upgrade4 250,000.00$ 250,000.00$ -$ -$ 250,000.00$ 100% FY 28-29 FY 28-29 n/a C2304 Five Points Intersection Modernization 250,000.00$ 250,000.00$ -$ -$ 250,000.00$ 100% FY 24-25 FY 28-30 Project Delay C2415 Downtown Bus Stop Improvements 716,394.00$ 175,835.00$ -$ 34,897.50$ 140,937.50$ 25% n/a In Progress New Project n/a Traffic Circulation Improvements Fee Study 500,000.00$ 500,000.00$ -$ -$ 500,000.00$ 100% FY 27-28 FY 27-28 n/a n/a Traffic Signal Timing 850,000.00$ 850,000.00$ -$ -$ 850,000.00$ 100% FY 27-28 FY 27-28 n/a - Indirect Charges 5 n/a n/a n/a 17,166.00$ n/a n/a n/a n/a n/a GRAND TOTAL 137,548,070.00$ 15,115,916.00$ 2,370,467.46$ 1,338,809.08$ 11,423,805.46$ 1) Budgets identified from City Budget documents, the City of Oxnard 2025-2029 Capital Improvement Program, and City staff. 2) Rounded to the nearest hundredth of the percent.
3) Construction start date may be revised pending availability of funds. Construction start date may incorporate the start of the design phase of the project. 4) Project start date anticipated to begin FY28-29 due to Caltrans right of way oversight and funding delay. 5) Indirect Charges include central services expenses related to administering the fee program.

Note: Small variances may appear due to rounding.
28 ____________________________________________________________________________________

Development Impact Fee Annual Report (FY 23-24) 18

There were no transfers or loans from this fund in FY 23-24.

There were no refunds made from this fund in FY 23-24.

29 ____________________________________________________________________________________

Development Impact Fee Annual Report (FY 23-24) 19

Funds 350-8050 & 350-8060: Growth Requirement Capital Fee Requirement 1. Brief description of the type of fee in the account or fund.

The City’s Growth Requirement Capital
Fee funds general governmental facilities
such as Fire and Police Stations, City
Hall, Corporation Yards, and Recreation
Facilities. The fee is based on Ordinance
2258 and Resolutions 10275, 10996, and
12975 and was updated as part of the
2020 DIF update via Resolution 15,329.

The fee is collected based on additional
covered space created by any new
development. There are two separate
funds for this fee. Fund 355 is for
residential fees and Fund 356 is for non-
residential fees.

Requirement 2. Amount of the fee.

The Growth Requirement Capital Fee for FY 23-24 is summarized in Table 10.

Table 10: Growth Requirement Capital Fee

Requirement 3. Beginning and ending balance in the account or fund.

Table 11 and Table 12 summarize the beginning and ending fund balances for the Growth Requirement Capital Fee for FY 23-24. Table 11 summarizes the residential fee and Table 12 summarizes the non-residential fee.

Land Use
Fee as of
July 18, 2022
Fee as of
July 18, 2023
Residential (Fund 350-8050)
Single Family (per DU) $5,981.00 $6,658.23
Multi Family (per DU) $3,955.00 $4,402.83
Non-Residential (Fund 350-8060)
Retail (per 1,000 building SF) $2,018.00 $2,246.50
Office (per 1,000 building SF) $2,409.00 $2,681.77
Industrial (per 1,000 building SF) $953.49 $1,061.45
Hotel (per Room) $603.00 $671.28
30 ____________________________________________________________________________________

Development Impact Fee Annual Report (FY 23-24) 20

Requirement 4. Amount of fees collected and the interest earned during the previous year.

Table 11 and Table 12 summarize the fees collected and the interest earned for the Growth Requirement Capital Fee during FY 23-24. Table 11 summarizes the residential fee and Table 12 summarizes the non-residential fee.

Table 11: Growth Requirement Capital Fee (Residential) Fund Summary

Fund 350-8050
Growth Requirement Capital Fee (Residential)
Beginning Fund Balance as of July 1, 2023 $1,227,303.65 Revenues
Fees Collected $1,672,120.01
Interest Earned $63,904.14
Fair Market Value Adjustment1
$21,703.42
Other Revenues $0.00
Total Revenues $1,757,727.57
Expenses
Project Expenses ($457,357.12)
Developer Reimbursement $0.00
Indirect Charges2 ($10,280.75)
Total Expenses ($467,637.87)
Transfers In $0.00
Transfers Out3 ($408,489.00)
Ending Balance as of June 30, 2024 $2,108,904.35
3) Transfers Out to General Fund for debt service on Civic Center Phase 2 Bonds. 2) Indirect Charges include central services expenses related to administering the fee program. 1) Fair Market Value Adjustment may be negative due to GASB Statement 31 for a temporary fair value adjustment.
31 ____________________________________________________________________________________

Development Impact Fee Annual Report (FY 23-24) 21

Table 12: Growth Requirement Capital Fee (Non-Residential) Fund Summary

Table 13 and Table 14 summarize the expenditures this past year on Growth Requirement Capital Fee projects.

Fund 350-8060
Growth Requirement Capital Fee (Non-Residential)
Beginning Fund Balance as of July 1, 2023 $2,359,607.49 Revenues
Fees Collected $228,210.99
Interest Earned $81,893.76
Fair Market Value Adjustment1 $59,411.81
Other Revenues $0.00
Total Revenues $369,516.56
Expenses
Project Expenses $0.00
Developer Reimbursement $0.00
Indirect Charges2
($669.00)
Total Expenses ($669.00)
Transfers In $0.00
Transfers Out3
($136,163.00)
Ending Balance as of June 30, 2024 $2,592,292.05
3) Transfers Out to General Fund for debt service on Civic Center Phase 2 Bonds. 2) Indirect Charges include central services expenses related to administering the fee program. 1) Fair Market Value Adjustment may be negative due to GASB Statement 31 for a temporary fair value adjustment.
32 ____________________________________________________________________________________

Development Impact Fee Annual Report (FY 23-24) 22

Table 13 and Table 14 outline the planned projects for the Growth Requirement Capital Fees and the anticipated construction start date for each project. If the approximate start date for a project has been revised from the last AB1600 Report, the reason is listed. 33 _____________________________________________________________________________________________________________________

Development Impact Fee Annual Report (FY 23-24) 23

Table 13: Growth Requirement Capital Fee (Residential) Projects

Table 14: Growth Requirement Capital Fee (Non-Residential) Projects Project No. Project Name Project Budget1 Fund Budget1
E xpenditures
to Date
FY23-24
Actual
E xpenditures
Future
E xpenditures
% Funded
by Fee
Approx.

Construction
Start Date (from
FY22-23 Report)
Approx.

Construction
Start Date
(revised for
FY23-24)2
Reason for revised
start date
(if applicable)
C1702 Fire Station 4 Rebuild Design 3,250,000.00$ 715,000.00$ 22,171.00$ 276,637.12$ 416,191.88$ 22.00% FY 25-26 In Progress Design Started C2255 Fire Station 2,3,5 Architecture/Design 3,550,000.00$ 550,000.00$ -$ 180,720.00$ 369,280.00$ 15.49% FY 25-26 In Progress Design Started - Professional Services/Contract 3 n/a n/a -$ 8,410.75$ -$ n/a n/a n/a n/a - Indirect Charges 4 n/a n/a -$ 1,870.00$ -$ n/a n/a n/a n/a TOTAL PROJE CT E XPE NSE S 6,800,000.00$ 1,265,000.00$ 22,171.00$ 467,637.87$ 785,471.88$ - Bond Payments - Civic Center Phase 25 n/a n/a n/a 408,489.00$ 3,088,114.50$ 25.50% n/a n/a n/a GRAND TOTAL 6,800,000.00$ 1,265,000.00$ 22,171.00$ 876,126.87$ 3,873,586.38$ 2) Construction start date may be revised pending availability of funds. Construction start date may incorporate the start of the design phase of the project. 3) Charges related to consulting services for development impact fee reporting requirements. 4) Indirect Charges include central services expenses related to administering the fee program. 5) Debt service summary provided by City. Fees fund 34% of the non-general fund portion of the debt split between Fund 350-8050 at 75% and Fund 350-8060 at 25%.

Note: Small variances may appear due to rounding.
1) Budgets identified from City Budget documents, the City of Oxnard 2025-2029 Capital Improvement Program, and City staff.

Project No. Project Name Project Budget1 Fund Budget1
E xpenditures
to Date
FY23-24
Actual
E xpenditures
Future
E xpenditures
% Funded by
Fee
Approx.

Construction
Start Date (from
FY22-23 Report)
Approx.

Construction
Start Date
(revised for
FY23-24)2
Reason for
revised start date
(if applicable)
C1702 Fire Station 4 Rebuild Design 3,250,000.00$ 2,535,000.00$ -$ -$ 2,535,000.00$ 78.00% FY 25-26 In Progress Design Started - Indirect Charges 3 n/a n/a n/a 669.00$ n/a n/a n/a n/a n/a TOTAL PROJE CT E XPE NSE S 3,250,000.00$ 2,535,000.00$ -$ 669.00$ 2,535,000.00$ - Bond Payments - Civic Center Phase 24 n/a n/a n/a 136,163.00$ 1,029,371.50$ 8.50% n/a n/a n/a GRAND TOTAL 3,250,000.00$ 2,535,000.00$ -$ 136,832.00$ 3,564,371.50$ 2) Construction start date may be revised pending availability of funds. Construction start date may incorporate the start of the design phase of the project. 3) Indirect Charges include central services expenses related to administering the fee program. 4) Debt service summary provided by City. Fees fund 34% of the non-general fund portion of the debt split between Fund 350-8050 at 75% and Fund 350-8060 at 25%. 1) Budgets identified from City Budget documents, the City of Oxnard 2025-2029 Capital Improvement Program, and City staff. 34 _____________________________________________________________________________________

Development Impact Fee Annual Report (FY 23-24) 24

Fund 350-8050 had a transfer of $408,489.00 for the debt service payment on the Variable Rate Demand Lease Revenue Refunding Bonds related to the Downtown Civic Center.

Fund 350-8060 had a transfer of $136,163.00 for debt service payment on the same bonds.

The Variable Rate Demand Lease Revenue Refunding Bonds (Civic Center Phase 2 Project), Series 2006 were issued on December 1, 2006 for $24,205,000 to finance the acquisition, construction, and improvement of certain public facilities constituting the Civic Center Phase 2 Project. This debt was refunded on April 30, 2018 as part of the Lease Revenue Refunding Bonds Series 2018. The outstanding balance as of June 30, 2024 is $19,340,000. The impact fee funds 21.29% (or 34% of 62.63% portion of the bond repayment), which means there is an outstanding balance of $4,117,486 allocated to impact fee funds. The impact fee debt service payment is split 75% from Fund 350-8050 and 25% from Fund 350-8060. This means there is an outstanding obligation of $ 3,088,114.50 for Fund 35 0-8050 and $1, 029,371.50 for Fund 35 0-8060. The payments on these bonds constitute the City’s obligations that exist through the maturity date of the bonds on June 1, 2036.

There were no refunds made from this fund in FY 23-24.

35 _____________________________________________________________________________________

Development Impact Fee Annual Report (FY 23-24) 25

Fund 350-8055: Mobility Fee
Requirement 1. Brief description of the type of fee in the account or fund.

The Mobility Fee covers the cost to
mitigate the effects of new development on
the City’s mobility facilities including
sidewalks, bike lanes, pedestrian bridges,
and other similar facilities that are
necessary to improve connectivity within
the City, impr ove bicycle and pedestrian
safety, improve bicycle and pedestrian
access to public transportation stops and
stations, and increase bicycle mode
sharing. This fee was created in the 2020
update by Resolution 15,329.

Requirement 2. Amount of the fee.

The Mobility Fee for FY 23-24 is summarized in Table 15.

Table 15: Mobility Fee

Requirement 3. Beginning and ending balance in the account or fund.

Table 16 summarizes the beginning and ending fund balances for the Mobility Fee for FY 23-24.

Requirement 4. Amount of fees collected and the interest earned during the previous year.

Table 16 summarizes the fees collected and the interest earned for the Mobility Fee for FY 23-24.

Land Use
Fee as of
July 18, 2022
Fee as of
July 18, 2023
Residential (per DU)
Single Family $3,396.00 $3,780.53
Multi Family $2,245.00 $2,499.20
Non-Residential (per 1,000 SF)
Retail $1,146.00 $1,275.76
Office $1,367.00 $1,521.79
Industrial $485.00 $539.92
Hotel (per Room) $342.00 $380.72
36 _____________________________________________________________________________________

Development Impact Fee Annual Report (FY 23-24) 26

Table 16: Mobility Fee Fund Summary

There were no expenditures this past year on Mobility Fee projects.

Table 17 outlines the planned projects for the Mobility Fee and the anticipated construction start date for each project. If the approximate start date for a project has been revised from the last AB1600 Report, the reason is listed.

Fund 350-8055
Mobility Fee
Beginning Fund Balance as of July 1, 2023 $805,284.44
Revenues
Fees Collected $437,876.39
Interest Earned $36,016.18
Fair Market Value Adjustment1 $7,580.00
Other Revenues $0.00
Total Revenues $481,472.57
Expenses
Project Expenses $0.00
Developer Reimbursement $0.00
Indirect Charges $0.00
Total Expenses $0.00
Transfers In $0.00
Transfers Out $0.00
Ending Balance as of June 30, 2024 2 $1,286,756.77
2) Ending fund balance calculated using the Revenues & Expenses listed is off by 24 cents likely due to rounding in the data. The listed balance is from the City's financial data. 1) Fair Market Value Adjustment may be negative due to GASB Statement 31 for a temporary fair value adjustment.
37 _____________________________________________________________________________________________________________________

Development Impact Fee Annual Report (FY 23-24) 27

Table 17: Mobility Fee Projects

Project No. Project Name Project Budget1 Fund Budget1
E xpenditures
to Date
FY23-24
Actual
E xpenditures Future E xpenditures
% Funded
by Fee
Approx.

Construction
Start Date (from
FY22-23 Report)
Approx.

Construction
Start Date
(revised for
FY23-24)2
Reason for
revised start
date
(if applicable)
C2212 Safe Route Safety Enhancements 4,509,711.59$ 855,000.00$ -$ -$ 855,000.00$ 18.96% n/a In Progress New Project n/a Wooley Road Pedestrian
Improvements3
2,400,000.00$ 2,400,000.00$ -$ -$ 2,400,000.00$ 100% FY 27-28 FY 27-28 n/a n/a Pedestrian Bridge Improvements at
Channel Islands Bridge 3,4
18,000,000.00$ 250,000.00$ -$ -$ 250,000.00$ 1.39% FY 28-29 FY 28-29 n/a GRAND TOTAL 24,909,711.59$ 3,505,000.00$ -$ -$ 3,505,000.00$ 1) Budgets identified from City Budget documents, the City of Oxnard 2025-2029 Capital Improvement Program, and City staff. 2) Construction start date may be revised pending availability of funds. Construction start date may incorporate the start of the design phase of the project. 3) Project is identified in the City of Oxnard 2022-2027 Capital Improvement Program as unfunded but qualifies for funding from the Mobility Fee Fund. 4) Approximate Construction Start Date is FY28-29 due to NEPA and right-of-way requirements for grant funding. 38 ____________________________________________________________________________________

Development Impact Fee Annual Report (FY 23-24) 28

There were no transfers or loans from this fund in FY 23-24.

There were no refunds made from this fund in FY 23-24.

39 ____________________________________________________________________________________

Development Impact Fee Annual Report (FY 23-24) 29

Fund 350-8080: Public Art Program Fee
Requirement 1. Brief description of the type of fee in the account or fund.

Requirement 2. Amount of the fee.

The Public Art Program Fee for FY 23-24 is summarized in Table 18.

Table 18: Public Art Program Fee

Requirement 3. Beginning and ending balance in the account or fund. •
Table 19 summarizes the beginning and ending fund balances for the Public Art Program Fee for FY 23-24.

Requirement 4. Amount of fees collected and the interest earned during the previous year. •
Table 19 summarizes the fees collected and the interest earned for the Public Art Program Fee during FY 23-24.

Land Use
Fee as of
July 18, 2022
Fee as of
July 18, 2023
All New Development (per building SF) $0.30 $0.33
The Public Art Program Fee is based on
Resolutions No. 9813, 12290, 13013,
13736, and 14124 and was updated as part
of 2020 DIF update via Resolution 15,329.

The purpose of the program is to install
works of art in conjunction with new
development in loca tions accessible to the
public. This fee is designed to enhance the
City’s appearance and mitigate certain
effects of development projects. All new
development projects pay this fee.

40 ____________________________________________________________________________________

Development Impact Fee Annual Report (FY 23-24) 30

Table 19: Public Art Program Fee Fund Summary

Table 20 summarizes the expenditures this past year on Public Art Program Fee projects.

Fund 350-8080
Public Art Program Fee
Beginning Fund Balance as of July 1, 2023 $1,210,449.81 Revenues
Fees Collected $51,050.71
Interest Earned $0.00
Fair Market Value Adjustment1 $0.00
Other Revenues $0.00
Total Revenues $51,050.71
Expenses
Project Expenses $0.00
Developer Reimbursement $0.00
Indirect Charges2 ($1,116.00)
Total Expenses ($1,116.00)
Transfers In $0.00
Transfers Out $0.00
Ending Balance as of June 30, 2024 $1,260,384.52
2) Indirect Charges include central services expenses related to administering the fee program. 1) Fair Market Value Adjustment may be negative due to GASB Statement 31 for a temporary fair value adjustment.
41 ____________________________________________________________________________________

Development Impact Fee Annual Report (FY 23-24) 31

Table 20 outlines planned future expenditures for Public Art Program Fee projects and the anticipated construction start date for each project. If the approximate start date for a project has been revised from the last AB1600 Report, the reason is listed. The City’s CIP budget team is aware of the additional funds available for Public Art projects and are in the process of identifying further applicable projects. Public Art projects require advanced planning time as it involves multiple stakeholders and evolving design processes. 42 _____________________________________________________________________________________________________________________

Development Impact Fee Annual Report (FY 23-24) 32

Table 20: Public Art Program Fee Projects

Project No. Project Name Project Budget1 Fund Budget1
E xpenditures
to Date
FY23-24
Actual
E xpenditures
Future
E xpenditures
% Funded
by Fee
Approx.

Construction
Start Date (from
FY22-23 Report)
Approx.

Construction
Start Date
(revised for
FY23-24)2
Reason for
revised start
date
(if applicable)
M1802 Downtown Mural Program 90,000.00$ 45,000.00$ 44,698.47$ -$ 301.53$ 50% In Progress In Progress n/a n/a Oxnard Sculptures Program 250,000.00$ 250,000.00$ -$ -$ 250,000.00$ 100% In Progress In Progress n/a n/a Citywide Mural Program 200,000.00$ 200,000.00$ -$ -$ 200,000.00$ 100% In Progress In Progress n/a n/a Crosswalk Art 200,000.00$ 200,000.00$ -$ -$ 200,000.00$ 100% n/a FY 24-25 n/a n/a Civic Center Murals 200,000.00$ 200,000.00$ -$ -$ 200,000.00$ 100% n/a FY 25-26 n/a - Indirect Charges 2 n/a n/a n/a 1,116.00$ n/a n/a n/a n/a n/a GRAND TOTAL 940,000.00$ 895,000.00$ 44,698.47$ 1,116.00$ 850,301.53$ 1) Budgets identified from City Budget documents, the City of Oxnard 2025-2029 Capital Improvement Program, and City staff. 2) Construction start date may be revised pending availability of funds. Construction start date may incorporate the start of the design phase of the project. 3) Indirect Charges include central services expenses related to administering the fee program. 43 ____________________________________________________________________________________

Development Impact Fee Annual Report (FY 23-24) 33

There were no transfers or loans from this fund in FY 23-24.

There were no refunds made from this fund in FY 23-24.
44 ____________________________________________________________________________________

Development Impact Fee Annual Report (FY 23-24) 34

Funds 603 & 605: Water Resource Development Fee & Capital Facility Charge Requirement 1. Brief description of the type of fee in the account or fund.

The City collects a Water Resource
Development Fee and Capital
Facility Charge for new, expanded,
or additional service connections
based on the diameter of the meter
installation directly related to the
volume of water required for the
new, expanded, or additional service
connection.

The Water Resource Development Fee pays for the development of new water resources, such as recycled water, to offset demand by new customers, and water conservation projects, reducing water demand. The Water Resource Development Fee was adopted by Ordinance 2624 consistent with the requirement of Government Code Sections 54999 through 54999.6.

The Water Capital Facility Charge pays for master -planned capacity improvements to the City’s water system, such as the addition of new production, treatment, storage, transmission, and distribution facilities. The Water Capital Facility Charge was adopted by Resolution 9717.

Requirement 2. Amount of the fee.

The Water Resource Development Fee and Capital Facility Charge for FY 23 -24 are summarized in Table 21.

Table 21: Water Resource Development Fee and Capital Facility Charge

Water Meter Size
Water Resource
Development Fee
Capital Facility
Charge Total Fee
3/4" $2,792 $341 $3,133
1" $5,583 $682 $6,265
1 1/2 " $8,375 $1,023 $9,398
2" $13,958 $1,706 $15,664
3" $30,708 $3,752 $34,460
4" $47,458 $5,799 $53,257
6" $92,125 $11,257 $103,382
8" $147,958 $18,080 $166,038
10" $315,457 $38,548 $354,005
12" $502,498 $61,404 $563,902
45 ____________________________________________________________________________________

Development Impact Fee Annual Report (FY 23-24) 35

Requirement 3. Beginning and ending balance in the account or fund.

Table 22 and Table 23 summarize the beginning and ending fund balances for the Water Resource Development Fee and Capital Facility Charge for FY 23-24.

Requirement 4. Amount of fees collected and the interest earned during the previous year.

Table 22 and Table 23 summarize the fees collected and the interest earned for the Water Resource Development Fee and Capital Facility Charge during FY 23-24.

Table 22: Water Resource Development Fee Fund Summary

Fund 603
Water Resource Development Fee
Beginning Fund Balance as of July 1, 2023 $18,435,147.39 Revenues
Fees Collected $984,012.00
Interest Earned $624,171.06
Fair Market Value Adjustment1 $422,574.99
Other Revenues $0.00
Total Revenues $2,030,758.05
Expenses
Project Expenses ($826.30)
Developer Reimbursement $0.00
Indirect Charges2 ($21,294.00)
Total Expenses ($22,120.30)
Transfers In $0.00
Transfers Out $0.00
Ending Balance as of June 30, 2024 $20,443,785.14
2) Indirect Charges include central services expenses related to administering the fee program. 1) Fair Market Value Adjustment may be negative due to GASB Statement 31 for a temporary fair value adjustment.
46 ____________________________________________________________________________________

Development Impact Fee Annual Report (FY 23-24) 36

Table 23: Water Capital Facility Charge Fund Summary

Table 24 and Table 25 summarize the expenditure for this past year for the Water Resource Development Fee and Capital Facility Charge.

Fund 605
Water Capital Facility Charge
Beginning Fund Balance as of July 1, 2023 $1,597,810.08 Revenues
Fees Collected $114,821.00
Interest Earned $54,413.76
Fair Market Value Adjustment1 $35,655.09
Other Revenues $0.00
Total Revenues $204,889.85
Expenses
Project Expenses $0.00
Developer Reimbursement $0.00
Indirect Charges2 ($4,426.00)
Total Expenses ($4,426.00)
Transfers In $0.00
Transfers Out $0.00
Ending Balance as of June 30, 2024 $1,798,273.93
2) Indirect Charges include central services expenses related to administering the fee program. 1) Fair Market Value Adjustment may be negative due to GASB Statement 31 for a temporary fair value adjustment.
47 ____________________________________________________________________________________

Development Impact Fee Annual Report (FY 23-24) 37

Table 24 and Table 25 outline the planned future projects for the Water Resource Development Fee and Capital Facility Charge and the anticipated construction start date for each project. If the approximate start date for a project has been revised from the last AB1600 Report, the reason is listed.
48 ____________________________________________________________________________________________________________________

Development Impact Fee Annual Report (FY 23-24) 38

Table 24: Water Resource Development Fee Projects

Table 25: Water Capital Facility Charge Projects

Project No. Project Name Project Budget1 Fund Budget1
E xpenditures
to Date
FY23-24
Actual
E xpenditures
Future
E xpenditures
% Funded
by Fee2
Approx.

Construction
Start Date (from
FY22-23 Report)
Approx.

Construction
Start Date
(revised for
FY23-24)2
Reason for revised start
date
(if applicable)
C1001 Water Distribution: Hueneme Road Recycled
Water Pipeline - Phase II
30,376,344.64$ 11,876,345.00$ 1,362,706.13$ -$ -$ 39.10% Completed In Progress Project Expanded C1101 Great ASR Wells 2,574,419.00$ 643,271.00$ 630,534.85$ 826.30$ 11,909.85$ 24.99% In Progress In Progress n/a C2023 Recycled Water AWPF Improvements and
Expansion
39,000,000.00$ 6,000,000.00$ -$ -$ 6,000,000.00$ 15.38% n/a FY 28-29 New Project C2551 Recyceled Water: Aquifer Storage and
Recover (ASR) / Injection Well Field
1,500,000.00$ 1,500,000.00$ -$ -$ 1,500,000.00$ 100% n/a FY 28-29 New Project - Indirect Charges 4 n/a n/a n/a 21,294.00$ n/a n/a n/a n/a n/a GRAND TOTAL 73,450,763.64$ 20,019,616.00$ 1,993,240.98$ 22,120.30$ 7,511,909.85$ 1) Budgets identified from City Budget documents, the City of Oxnard 2025-2029 Capital Improvement Program, and City staff. 2) Rounded to the nearest hundredth of the percent.
3) Construction start date may be revised pending availability of funds. Construction start date may incorporate the start of the design phase of the project. 4) Indirect Charges include central services expenses related to administering the fee program.

Note: Small variances may appear due to rounding.

Project No. Project Name Project Budget1 Fund Budget1
E xpenditures
to Date
FY23-24
Actual
E xpenditures
Future
E xpenditures
% Funded
by Fee2
Approx.

Construction
Start Date (from
FY22-23 Report)
Approx.

Construction
Start Date
(revised for
FY23-24)2
Reason for
revised start
date
(if applicable)
C2308 Recycled Water: AWPF Storage Construction 6,000,000.00$ 3,000,000.00$ -$ -$ 3,000,000.00$ 50% FY 27-28 FY 27-28 n/a n/a Aquifer Storage and Recovery (ASR) Wells
Construction
31,350,000.00$ 15,675,000.00$ -$ -$ 15,675,000.00$ 50% FY 27-28 FY 27-28 n/a C2113 Recycled Water Feature Campus Park 400,000.00$ 400,000.00$ -$ -$ 400,000.00$ 100% n/a FY 27-28 New Project - Indirect Charges 4 n/a n/a n/a 4,426.00$ n/a n/a n/a n/a n/a GRAND TOTAL 37,750,000.00$ 19,075,000.00$ -$ 4,426.00$ 19,075,000.00$ 1) Budgets identified from City Budget documents, the City of Oxnard 2025-2029 Capital Improvement Program, and City staff. 2) Rounded to the nearest hundredth of the percent.
3) Construction start date may be revised pending availability of funds. Construction start date may incorporate the start of the design phase of the project. 4) Indirect Charges include central services expenses related to administering the fee program. 49 ____________________________________________________________________________________

Development Impact Fee Annual Report (FY 23-24) 39

There were no transfers or loans from these funds in FY 23-24.

There were no refunds made from this fund in FY 23-24.

50 ____________________________________________________________________________________

Development Impact Fee Annual Report (FY 23-24) 40

Fund 613: Wastewater Collection Connection & Treatment Fee Requirement 1. Brief description of the type of fee in the account or fund.

The City collects a Wastewater Collection Connection & Treatment Fee for new, expanded, or additional service connections. The City imposes fees based on new development’s prorated share of the cost of constructing the improvements identified in the City’s Master Plans for Wastewater Treatment and Conveyance. The current wastewater fees were adopted by Ordinance 2709. The City previously collected two separate fees, the Wastewater Collection Connection Fee and Wastewater Treatment Connection Fee, in Fund 613 and Fund 623 respectively. As of FY 23-24, these two funds have been combined into one fund for both fees.

Requirement 2. Amount of the fee.

The Wastewater Collection Connection & Treatment Fee for FY 23-24 are summarized in Table 26.

Table 26: Wastewater Collection Connection & Treatment Fee

Requirement 3. Beginning and ending balance in the account or fund.

Table 27 summarizes the beginning and ending fund balances for the Wastewater Collection Connection & Treatment Fee for FY 23-24.

Requirement 4. Amount of fees collected and the interest earned during the previous year.

Table 27 summarizes the fees collected and the interest earned for the Wastewater Collection Connection & Treatment Fee FY 23-24.

Land Use
Wastewater
Collection
Connection Fee
Wastewater
Treatment
Connection Fee Total Fee
Residential
Single Family $1,458.00 $3,798.00 $5,256.00
Apartment1
$1,060.36 $2,762.18 $3,822.54
Mobile Home1
$839.45 $2,186.73 $3,026.18
Non-Residential
Non-Formula Commercial/Industrial $1,458.00 $4,078.80 $5,536.80 Commercial Laundry $1,458.00 $4,539.00 $5,997.00
Restaurants/Food Preparation $1,458.00 $7,092.20 $8,550.20 Formula Industrial User $1,458.00 $7,279.40 $8,737.40
1) Special formulas are used for mobile homes and apartment developments that can be served by a single meter. These formulas can be found in the City's most recently published Fee Schedule.
51 ____________________________________________________________________________________

Development Impact Fee Annual Report (FY 23-24) 41

Table 27: Wastewater Collection Connection & Treatment Fee Fund Summary

Table 28 summarizes the expenditures for this past year for the Wastewater Collection Connection & Treatment Fee.

Fund 613
Wastewater Collection Connection & Treatment Fee
Beginning Fund Balance as of July 1, 2023 $13,674,682.28 Revenues
Fees Collected $2,809,487.17
Interest Earned $474,819.00
Fair Market Value Adjustment1 $240,366.29
Other Revenues $0.00
Total Revenues $3,524,672.46
Expenses
Project Expenses $0.00
Developer Reimbursement $0.00
Indirect Charges2 ($20,024.00)
Total Expenses ($20,024.00)
Transfers In $0.00
Transfers Out $0.00
Ending Balance as of June 30, 2024 3 $17,179,331.10
3) Ending fund balance calculated using the Revenues & Expenses listed is off by 36 cents likely due to rounding in the data. The listed balance is from the City's financial data. 2) Indirect Charges include central services expenses related to administering the fee program. 1) Fair Market Value Adjustment may be negative due to GASB Statement 31 for a temporary fair value adjustment.
52 ____________________________________________________________________________________

Development Impact Fee Annual Report (FY 23-24) 42

Table 28 outlines the planned projects for the Wastewater Collection Connection & Treatment Fee and the anticipated construction start date for each. If the approximate start date for a project has been revised from the last AB1600 Report, the reason is listed. 53 _____________________________________________________________________________________________________________________

Development Impact Fee Annual Report (FY 23-24) 43

Table 28: Wastewater Collection Connection & Treatment Fee Projects

Project No. Project Name Project Budget1 Fund Budget1
E xpenditures
to Date
FY23-24
Actual
E xpenditures Future E xpenditures
% Funded
by Fee2
Approx.

Construction
Start Date (from
FY22-23 Report)
Approx.

Construction
Start Date
(revised for
FY23-24)2
Reason for
revised start
date
(if applicable)
C2236 Wastewater OWTP: Maintenance, Office Building,
Machine Shop and Storage
15,000,000.00$ 15,000,000.00$ -$ -$ 15,000,000.00$ 100% FY 25-26 FY 25-26 n/a M1202 Wastewater Master Plan 2,904,720.00$ 1,957,360.00$ 1,887,721.92$ -$ 69,638.08$ 67% n/a Completed n/a M0801 Septic Conversion Loan Program 109,967.00$ 109,967.00$ 57,799.00$ -$ 52,168.00$ 100% n/a In Progress n/a - Indirect Charges 4 n/a n/a n/a 20,024.00$ n/a n/a n/a n/a n/a GRAND TOTAL 18,014,687.00$ 17,067,327.00$ 1,945,520.92$ 20,024.00$ 15,121,806.08$ 1) Budgets identified from City Budget documents, the City of Oxnard 2025-2029 Capital Improvement Program, and City staff. 2) Subject to change pending CIP Budget plans and available funding. Rounded to the nearest hundredth of the percent. 3) Construction start date may be revised pending availability of funds. Construction start date may incorporate the start of the design phase of the project. 4) Indirect Charges include central services expenses related to administering the fee program.

Note: Small variances may appear due to rounding.
54 ____________________________________________________________________________________

Development Impact Fee Annual Report (FY 23-24) 44

There were no transfers or loans from this fund in FY 23-24.

There were no refunds made from this fund in FY 23-24.

55 ____________________________________________________________________________________

Development Impact Fee Annual Report (FY 23-24) 45

Fund 360-7050: Affordable Housing In-Lieu Fee
Requirement 1. Brief description of the type of fee in the account or fund.

The City offers an Affordable Housing In-
Lieu fee to provide additional flexibility to
the City and development community to
meet the affordable housing needs
generated by the construction of new
market-rate units . The City’s Affordable
Housing In -Lieu Fees were first
established by Ordinance 2721 adopted
July 18, 2006. The Fees were revised with
Resolution No. 15,330 which adopted the
Affordable Housing In -Lieu Fee Nexus
Study dated April 8, 2020.

Requirement 2. Amount of the fee.

The Affordable Housing In-Lieu Fee for FY 23-24 is summarized in Table 29 below.

Table 29: Affordable Housing In-Lieu Fee

Requirement 3. Beginning and ending balance in the account or fund.

Table 30 summarizes the beginning and ending fund balances for the Affordable Housing In-Lieu Fee for FY 23-24.

Requirement 4. Amount of fees collected and the interest earned during the previous year.

Table 30 summarizes the fees collected and the interest earned for the Affordable Housing In-Lieu Fee during FY 23-24.

Land Use
Fee as of
July 18, 2022
Fee as of
July 18, 2023
Residential (per DU)
Single Family $36,000.00 $40,076.29
Multi Family for Sale $35,000.00 $38,963.06
Multi Family for Rent $28,000.00 $31,170.45
56 ____________________________________________________________________________________

Development Impact Fee Annual Report (FY 23-24) 46

Table 30: Affordable Housing In-Lieu Fee Fund Summary

Table 31 summarizes the expenditures this past year on affordable housing projects.

Fund 360-7050
Affordable Housing In-Lieu Fee
Beginning Fund Balance as of July 1, 2023 $2,966,385.12 Revenues
Fees Collected $473,000.00
Interest Earned $198,864.34
Fair Market Value Adjustment1 $155,497.70
Other Revenues $126,292.15
Total Revenues $953,654.19
Expenses
Project Expenses ($1,174,335.25)
Developer Reimbursement $0.00
Indirect Charges2 ($41,275.01)
Total Expenses ($1,215,610.26)
Transfers In $0.00
Transfers Out $0.00
Ending Balance as of June 30, 2024 $2,704,429.05
1) Fair Market Value Adjustment may be negative due to GASB Statement 31 for a temporary fair value adjustment.
2) Indirect Charges include personnel and resource expenses related to administering the fee program.
57 ____________________________________________________________________________________

Development Impact Fee Annual Report (FY 23-24) 47

Table 31 outlines the planned future expenditures for the Affordable Housing In-Lieu Fee and the anticipated construction start date for each project. If the approximate start date for a project has been revised from the last AB1600 Report, the reason is listed . The City’s CIP budget team and Housing Department are aware of the additional funds available for Affordable Housing projects. Affordable Housing projects often require advanced planning time or are a result of opportune circumstances as they involve multiple stakeholders , specific conditions, and sufficient funding to complete projects. 58 _____________________________________________________________________________________________________________________

Development Impact Fee Annual Report (FY 23-24) 48

Table 31: Affordable Housing Projects

Project No. Project Name Project Budget1 Fund Budget1
E xpenditures
to Date
FY23-24
Actual
E xpenditures
Future
E xpenditures
% Funded
by Fee
Approx.

Construction
Start Date (from
FY22-23 Report)
Approx.

Construction
Start Date
(revised for
FY23-24)2
Reason for
revised start
date
(if applicable)
M2103 Central Terrace Development Loan 1,366,000.00$ 1,366,000.00$ 38,147.36$ 1,174,335.25$ 153,517.39$ 100% In Progress In Progress n/a n/a Downtown Acquisition & Disposition 75,000.00$ 75,000.00$ -$ -$ 75,000.00$ 100% FY 23-24 In Progress n/a n/a Indirect Charges 3 n/a n/a n/a 41,275.01$ n/a n/a n/a n/a n/a GRAND TOTAL 1,441,000.00$ 1,441,000.00$ 38,147.36$ 1,215,610.26$ 228,517.39$ 1) Budgets identified from City Budget documents, the City of Oxnard 2025-2029 Capital Improvement Program, and City staff. 2) Construction start date may be revised pending availability of funds. Construction start date may incorporate the start of the design phase of the project. 3) Indirect Charges include personnel and resource expenses related to administering the fee program.

Note: Small variances may appear due to rounding.
59 ____________________________________________________________________________________

Development Impact Fee Annual Report (FY 23-24) 49

There were no transfers or loans from this fund in FY 23-24.

There were no refunds made from this fund in FY 23-24.

60 ____________________________________________________________________________________

Development Impact Fee Annual Report (FY 23-24) 50

Fund 350-8070: Utility Undergrounding In-Lieu Fee
Requirement 1. Brief description of the type of fee in the account or fund.

The City imposes a fee on new development that is located in any part of the City with overhead utility service based upon their prorated share of the cost of undergrounding all overhead utilities in the City. The City’s Utility Undergrounding In-Lieu Fees were based on Ordinance 2207 and were updated as part of the 2020 DIF update via Resolution 15,329.

Requirement 2. Amount of the fee.

The Utility Undergrounding In-Lieu Fee for FY 23-24 is summarized in Table 32 below.

Table 32: Utility Undergrounding In-Lieu Fee

Requirement 3. Beginning and ending balance in the account or fund.

Table 33 summarizes the beginning and ending fund balances for the Utility Undergrounding In-Lieu Fee for FY 23-24.

Requirement 4. Amount of fees collected and the interest earned during the previous year.

Table 33 summarizes the fees collected and the interest earned for the Utility Undergrounding In-Lieu Fee during FY 23-24.

Land Use
Fee as of
July 18, 2022
Fee as of
July 18, 2022
All New Development (per building SF) $0.54 $0.54
61 ____________________________________________________________________________________

Development Impact Fee Annual Report (FY 23-24) 51

Table 33: Utility Undergrounding In-Lieu Fee Fund Summary

There were no expenditures this past year on utility undergrounding projects.

Table 34 outlines the planned projects for the Utility Undergrounding In-Lieu Fee and the anticipated construction start date for each project. If the approximate start date for a project has been revised from the last AB1600 Report, the reason is listed.

Fund 350-8070
Utility Undergrounding In-Lieu Fee
Beginning Fund Balance as of July 1, 2023 $1,680,337.93 Revenues
Fees Collected $56,643.25
Interest Earned $56,093.44
Fair Market Value Adjustment1 $39,772.27
Other Revenues $0.00
Total Revenues $152,508.96
Expenses
Project Expenses $0.00
Developer Reimbursement $0.00
Indirect Charges $0.00
Total Expenses $0.00
Transfers In $0.00
Transfers Out $0.00
Ending Balance as of June 30, 2024 $1,832,846.89
1) Fair Market Value Adjustment may be negative due to GASB Statement 31 for a temporary fair value adjustment.
62 ____________________________________________________________________________________________________________________

Development Impact Fee Annual Report (FY 23-24) 52

Table 34: Utility Undergrounding Projects

Project No. Project Name Project Budget1 Fund Budget1
E xpenditures
to Date
FY23-24
Actual
E xpenditures
Future
E xpenditures
% Funded
by Fee
Approx.

Construction
Start Date (from
FY22-23 Report)
Approx.

Construction
Start Date
(revised for
FY23-24)2
Reason for
revised start
date
(if applicable)
- Undergrounding of Overhead Utilities - Citywide 2,000,000.00$ 2,000,000.00$ -$ -$ 2,000,000.00$ 100% FY 27-28 FY 28-29 Project Delay GRAND TOTAL 2,000,000.00$ -$ -$ -$ 2,000,000.00$ 2) Construction start date may be revised pending availability of funds. Construction start date may incorporate the start of the design phase of the project. 1) Budgets identified from City Budget documents, the City of Oxnard 2025-2029 Capital Improvement Program, and City staff. 63 ____________________________________________________________________________________

Development Impact Fee Annual Report (FY 23-24) 53

There were no transfers or loans from this fund in FY 23-24.

There were no refunds made from this fund in FY 23-24.

64 ____________________________________________________________________________________

Development Impact Fee Annual Report (FY 23-24) 54

Section 3 – Fund Summary
Table 35 provides an accounting of each impact fee fund and a total impact fee account balance.

The table summarizes the starting fund balance, the amount of fees collected, the interest earned, the total expenditures, and the fiscal year ending fund balances.

65 ___________________________________________________________________________________________________________________________________

Development Impact Fee Annual Report (FY 23-24) 55

Table 35: Development Impact Fee Fund Summary

Description
Park Acquisition
& Development
Storm Drain
Facility Fee3
Traffic Circulation
Fee
Capital Growth
Fee (Residential)
Capital Growth
Fee (Non-
Residential) Mobility Fee3
Public Art
Program Fee
Water Resource
Development Fee
Water Capital
Facility Charge
Wastewater
Collection
Connection &
Treatment Fee3
Affordable
Housing
In-Lieu Fee
Utility
Undergrouding
In-Lieu Fee
Fund No. 350-8020 350-8030 350-8040 350-8050 350-8060 350-8055 350-8080 603 605 613 360-7050 350-8070 Starting Balance
As of July 1, 2023 $835,757.92 $10,032,449.32 $15,997,891.85 $1,227,303.65 $2,359,607.49 $805,284.44 $1,210,449.81 $18,435,147.39 $1,597,810.08 $13,674,682.28 $2,966,385.12 $1,680,337.93

RE VE NUE S
Fees Collected $960,493.02 $173,386.74 $5,094,642.51 $1,672,120.01 $228,210.99 $437,876.39 $51,050.71 $984,012.00 $114,821.00 $2,809,487.17 $473,000.00 $56,643.25 Interest Earned $48,393.91 $333,428.00 $603,100.30 $63,904.14 $81,893.76 $36,016.18 $0.00 $624,171.06 $54,413.76 $474,819.00 $198,864.34 $56,093.44 Fair Market Value Adjustment1 ($4,308.51) $230,072.00 $312,492.21 $21,703.42 $59,411.81 $7,580.00 $0.00 $422,574.99 $35,655.09 $240,366.29 $155,497.70 $39,772.27 Other Revenues $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $126,292.15 $0.00 Total Revenues $1,004,578.42 $736,886.74 $6,010,235.02 $1,757,727.57 $369,516.56 $481,472.57 $51,050.71 $2,030,758.05 $204,889.85 $3,524,672.46 $953,654.19 $152,508.96

E XPE NSE S
Project Expenditures $0.00 $0.00 ($1,321,643.08) ($457,357.12) $0.00 $0.00 $0.00 ($826.30) $0.00 $0.00 ($1,174,335.25) $0.00 Developer Reimbursement $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 Indirect Charges 2 ($780.00) ($19,026.00) ($17,166.00) ($10,280.75) ($669.00) $0.00 ($1,116.00) ($21,294.00) ($4,426.00) ($20,024.00) ($41,275.01) $0.00 Total E xpenditures ($780.00) ($19,026.00) ($1,338,809.08) ($467,637.87) ($669.00) $0.00 ($1,116.00) ($22,120.30) ($4,426.00) ($20,024.00) ($1,215,610.26) $0.00 Transfers In $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 Transfers Out $0.00 $0.00 $0.00 ($408,489.00) ($136,163.00) $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 Net Transfers $0.00 $0.00 $0.00 ($408,489.00) ($136,163.00) $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 E nding Balance
As of June 30, 2024 $1,839,556.34 $10,750,310.30 $20,669,317.79 $2,108,904.35 $2,592,292.05 $1,286,756.77 $1,260,384.52 $20,443,785.14 $1,798,273.93 $17,179,331.10 $2,704,429.05 $1,832,846.89 1) Fair Market Value Adjustment may be negative due to GASB Statement 31 for a temporary fair value adjustment. 2) Indirect Charges include expenses for central services, personnel and resource expenses related to administering the fee program. 3) Ending fund balance has slight variance (less than one dollar), likely due to rounding. 66 AB1600 ANNUAL AND FIVE-YEAR REPORT FOR

DEVELOPMENT IMAPCT AND IN-LIEU FEES
FOR FISCAL YEAR 2023-2024
Finance & Governance Committee
November 12, 2024
Connie Fife
Harris & Associates
67 That the Finance and Governance Committee recommend that the City Council receive and file the AB1600 Annual Report for Development Impact and In-Lieu Fees for the fiscal year ended June 30, 2024.

RECOMMENDATION 2
68 • Assembly Bill (AB) 1600, commonly known as the Mitigation Fee Act, requires the city to file a report annually summarizing the following information:
• Brief description of the type of fee in the account or fund. • Amount of the fee.
• Beginning and ending balance in the account or fund.
• Amount of fees collected and the interest earned during the previous year. • Identification of each public improvement for which fees were expended and the amount of expenditures, including the total percentage of the cost of the public improvement that was funded with fees.
• An identification of an approximate date by which the construction of the public improvement will commence. If different than last year’s approximation, reason why. • Description of each inter-fund transfer or loan made from the account. • Identification of any refunds made and if so, number of persons/entities that received refunds.

BACKGROUND 3
69 • Every five years, the City is required to file a report summarizing the following additional information:
• Identification of the purpose of the fee.
• Demonstrate a reasonable relationship between the fee and the purpose for which it is charged.
• Identify all sources and amounts of funding anticipated to complete financing for incomplete improvements.
• Identify approximate dates on which the funding referred to in Requirement 3 is expected to be deposited into the appropriate account or fund. • The last AB1600 Five-Year report was done for Fiscal Year ending June 30, 2023
BACKGROUND 4
70 Impact Fee Funds
BACKGROUND 5
71 DISCUSSION 6
Impact Fee Summary (Government Funds)
72 DISCUSSION 7
Impact Fee Summary (Utility Funds)
73 DISCUSSION 8
In-Lieu Fee Summary
74 DISCUSSION 9
Park and Recreation Fee (Fund 350-8020)
Fund Balance: $1,839,556.34

75 DISCUSSION 10
Storm Drain Facility Fee (Fund 350-8030)
Fund Balance: $10,750,310.30
76 DISCUSSION 11
Traffic Circulation Fee (Fund 350-8040)
Fund Balance: $20,669,317.79
77 DISCUSSION 12
Growth Requirement Capital Fee - Residential (Fund 350-8050) Fund Balance: $2,108,904.35

78 DISCUSSION 13
Growth Requirement Capital Fee - Non-Residential (Fund 350-8060) Fund Balance: $2,592,292.05
79 DISCUSSION 14
Mobility Fee (Fund 350-8055)
Fund Balance: $1,286,756.77
80 DISCUSSION 15
Public Art Program Fee (Fund 350-8080)
Fund Balance: $1,260,384.52

81 DISCUSSION 16
Water Resource Development Fee (Fund 603)
Fund Balance: $20,443,785.14
82 DISCUSSION 17
Water Capital Facility Charge (Fund 605)
Fund Balance: $1,798,273.93
83 DISCUSSION 18
Wastewater Connection Fee (Fund 613)
Fund Balance: $17,179,331.10
84 DISCUSSION 19
Affordable Housing In-Lieu Fee (Fund 360-7050)
Fund Balance: $2,704,429.05
85 DISCUSSION 20
Utility Undergrounding In-Lieu Fee (Fund 350-8070)
Fund Balance: $1,832,846.89

86 QUESTIONS
21 87

Finance & Governance CommitteeNovember 12, 2024

Finance & Governance Committee
November 12, 2024