City of Palo Alto
Development Impact Fee Report
for Period Ending June 30, 2023
Stanford Research Park/El Camino Real San Antonio/West Bayshore Area Transportation Impact Fee Transportation Impact Fee
Description of the Type of Fee Traffic impact fees imposed on new non‐residential development in the Stanford Research Park/El Camino Real CS zone to fund improvements at eight identified
intersections. (PAMC 16.45)
Traffic impact fees imposed on new non‐residential
development in the San Antonio/West Bayshore Areas to
fund capacity improvements at four identified intersections. (PAMC 16.46)
Amount of the Fee
$12.85 per square foot; City ceased collecting effective FY 2020
$2.65 per square foot; City ceased collecting effective FY 2020
Fund Balance July 1, 2022 1,147,182 407,407
FY 2023 Activity
Revenues
Interest Earnings 24,157 8,625
Unrealized Gain/(Loss) Investments 49,503 (8,335)
Total Revenues 73,660 290
Expenditures 0 0
Total Expenditures 0 0
Ending Balance June 30, 2023 1,220,842 407,697
Reserves 0 0
Total Reserves 0 0
Net Funds Available 1,220,842 407,697
City of Palo Alto
Development Impact Fee Report
for Period Ending June 30, 2023
Commercial Housing
Impact Fee General Government Facility Development Fee Description of the Type of Fee Fees imposed on commercial and industrial development to offset the demand that new jobs create for low and
moderate‐income housing in the City; fees collected support various levels of affordable housing projects. (PAMC 16.65) Fees imposed on residential and non‐residential
development to fund facilities associated with municipal administration. (PAMC 16.58)
Amount of the Fee Hotel / Retail / Other
Non‐Residential:$24.97 per sq. ft.
Office/R&D: $74.01 per sq. ft.
Residential:
Single family $1,600 per unit
Multi‐family $1,279 per unit
(ADUs under 750 sq. ft. exempt);
Non‐residential:
Commercial $892 per 1,000 sq. ft. or fraction thereof
Industrial $300 per 1,000 sq. ft. or fraction thereof
Office/Institutional $1,192 per 1,000 sq. ft. or fraction thereof
Fund Balance July 1, 2022 27,113,503 111,930
FY 2023 Activity
Revenues
Fees Collected 0 11,592
Interest Earnings 73,411 2,504
Unrealized Gain/(Loss) Investments (115,201) (4,861)
Total Revenues (41,790) 9,235
Expenditures
Salaries and Benefit (36,872) 0
Liability Insurance (1,230) 0
Total Expenditures (38,102) 0
Ending Balance June 30, 2023 27,033,611 121,165
Reserves
Notes Receivable (see detail below) (23,629,563) 0
Reappropriations (1,176,000) 0
Total Reserves (24,805,563) 0
Net Funds Available 2,228,048 121,165
Notes Receivable Detail:
$1,290,000 for 2811 Alma; $4,137,254 for 801 Alma;
$7,700,000 for Buena Vista Mobile Home Park; $10,502,309 Wilton Court
City of Palo Alto
Development Impact Fee Report
for Period Ending June 30, 2023
Community Facilities Community Facilities
Parks Development Fee Community Centers Development Fee Description of the Type of Fee Fees imposed on new residential and non‐residential development approved after Jan 28, 2002 for Parks. (PAMC
16.58)
Fees imposed on new residential and non‐residential
development approved after Jan 28, 2002 for Community
Centers. (PAMC 16.58)
Amount of the Fee Residential: Single family $62,039.67 per unit. (ADUs under 750 sq ft exempt)
Non‐residential: Commercial/Industrial $18,190 per net new 1,000 sq ft; Hotel/Motel $3,100 per 1,000 sq ft.
Residential: Single family $4795.06 per unit.
(ADUs under 750 sq ft exempt); Multi‐Family $3,547.13 per unit
Non‐residential: Commercial/industrial $1410 per 1,000 sq ft; Hotel/Motel $240 per 1,000 sq ft.
Fund Balance July 1, 2022 3,810,535 739,193
FY 2023 Activity
Revenues
Fees Collected 439,967 34,559
Interest Earnings 63,760 16,041
Unrealized Gain/(Loss) Investments 7,825 (18,174)
Total Revenues 511,552 32,426
Expenditures
Operating Transfer to Capital Projects Fund (2,650,333) 0 Total Expenditures (2,650,333) 0
Ending Balance June 30, 2023 1,671,754 771,619
Reserves 0
Total Reserves 0 0
Net Funds Available 1,671,754 771,619
City of Palo Alto
Development Impact Fee Report
for Period Ending June 30, 2023
Community Facilities Residential Housing
Library Development Fee Impact Fee
Description of the Type of Fee Fees imposed on new residential and non‐residential development approved after January 28, 2002 for Libraries. (PAMC 16.58)
Fees imposed on all rental residential developments
(including mixed‐use with rental housing) to offset the demand that the new market‐rate rental housing creates for low‐income and moderate‐income housing in the City.
(PAMC 16.65)
Amount of the Fee Residential: Single family $2,857.80 per unit; Multi‐family $2,113.37 per unit (ADUs under 750 sq ft exempt)
Non‐residential: Commercial/industrial $840 per net new 1,000 sq ft. Hotel/Motel $140 per net new 1,000 sq ft.
Single and Multi‐Family: $24.52 per sq. ft. apartment
(rentals)
Fund Balance July 1, 2022 931,093 1,057,616
FY 2023 Activity
Revenues
Fees Collected 20,398 0
Interest Earnings 12,949 22,402
Unrealized Gain/(Loss) Investments (20,398) (29,041)
Total Revenues 12,948 (6,639)
Expenditures 0
Total Expenditures 0 0
Ending Balance June 30, 2023 944,041 1,050,978
Reserves
Reserve for Reappropriations 0 (600,000)
Total Reserves 0 (600,000)
Net Funds Available 944,041 450,978
City of Palo Alto
Development Impact Fee Report
for Period Ending June 30, 2023
Charleston‐Arastradero Corridor Citywide Transportation Pedestrian and Bicyclist Safety Impact Fee Impact Fee
Description of the Type of Fee
Fees collected from new development and redevelopment
within the Charleston‐Arastradero Corridor to provide for pedestrian and bicyclist safety improvements. (PAMC 16.60) Transportation impact fees imposed on new development in all parts of the City to fund congestion reduction projects. (PAMC 16.59)
Amount of the Fee Residential: $1,599 per residential unit Commercial: $0.46 per sq ft (ADUs exempt)
$9,266 each; per net new PM peak hour trip
Fund Balance July 1, 2022 34,904 1,999,269
FY 2023 Activity
Revenues
Interest Earnings 474 37,798
Unrealized Gain/(Loss) Investments 794 (19,106)
Total Revenues 1,268 18,692
Expenditures
Operating Transfer to Capital Projects Fund (35,000) (395,000) Total Expenditures (35,000) (395,000)
Ending Balance June 30, 2023 1,172 1,622,961
Reserves 0
Total Reserves 0 0
Net Funds Available 1,172 1,622,961
City of Palo Alto
Development Impact Fee Report
for Period Ending June 30, 2023
University Avenue Non‐Residential Development
Public Safety Facility Development Fee Parking In‐Lieu Fee Description of the Type of Fee Fees imposed on residential and non‐residential development to fund police and fire facilities (including fire apparatus and vehicles) (PAMC 16.58)
Fees collected from non‐residential development within the University Avenue Parking Assessment District area in lieu of providing the required number of parking spaces. (PAMC
16.57)
Amount of the Fee Residential: Single family $1,269 per unit; Multi‐family $1,015 per unit
Nonresidential: Commercial $709 per 1,000 sq ft. or fraction thereof; Industrial $237 per 1,000 sq. ft. or fraction thereof; Office/Institutional $946 per 1,000 sq ft or fraction thereof. $124,275.00 per space
Fund Balance July 1, 2022 87,770 6,019,034
FY 2023 Activity
Revenues
Fees Collected 9,194 10,066,275
Interest Earnings 1,965 226,347
Unrealized Gain/(Loss) Investments (3,837) (554,310)
Total Revenues 7,323 9,738,312
Expenditures
Operating Transfer to Capital Projects Fund 0 (92,400) Total Expenditures 0 (92,400)
Ending Balance June 30, 2023 95,093 15,664,946
Reserves 0 0
Total Reserves 0 0
Net Funds Available 95,093 15,664,946
City of Palo Alto
Development Impact Fee Report
for Period Ending June 30, 2023
(INFORMATION ONLY) (INFORMATION ONLY)
Residential Housing In‐Lieu Fee Parkland Dedication Fee Description of the Type of Fee This fee is not subject to AB1600 reporting requirements and is included only for information purposes. Fees
collected from ownership residential developments of three or more units(including mixed used with ownership in
housing) in‐lieu of providing the required below‐market rate unit(s) to low and moderate income households. (PAMC
16.65)
This fee is not subject to AB1600 reporting requirements and is included only for information purposes. Fees on
parkland dedication imposed on new residential and non‐ residential development.
Govt Code Sec. 66477 (Quimby Act)
Amount of the Fee Single ‐family $91.92 per sq. ft. single‐family detached; $61.28 per sq. ft. single‐family attached. Multi‐family $61.29 per sq. ft. condos.
Single Family: $75,076.89 per unit; Multi‐Family: $51,747.91 per unit. This applies only to residential projects that require a subdivision or parcel map. Land dedication is required for subdivisions resulting in more than 50 parcels. Parkland Dedication Fee ‐Land: Single Family: 531 sq. ft. per unit; Multi‐Family: 366 sq. ft. per unit. When parkland dedication applies, park impact fees do not apply.
Fund Balance July 1, 2022 29,466,762 3,779,395
FY 2023 Activity
Revenues
Fees Collected 49,043 0
Interest Earnings 277,887 56,765
Unrealized Gain/(Loss) Investments (118,885) 54,249
Total Revenues 208,045 111,014
Expenditures
Salaries and Benefits (36,872)
Liability Insurance (1,230)
Program & Project Consultants (316,136)
Operating Transfer to Capital Projects Fund (1,650,000) Total Expenditures (354,238) (1,650,000)
Ending Balance June 30, 2023 29,320,569 2,240,408
Reserves
Encumbrances (5,746)
Reappropriations (3,000,000)
Notes Receivable (details below): (23,758,078)
Total Reserves (26,763,824) 0
Net Funds Available 2,556,745 2,240,408
Residential Housing In‐Lieu Fund, Detail for Notes Receivable:
$375,000 for 3053 Emerson; $3,504,850 for Tree House Apts.; $747,734 for Sheridan Apts.; $2,285,026 for 801 Alma; $848,386 for Palo Alto Housing Project; $593,952 for 2811‐2825 Alma St.; $203,561 for Colorado Park Housing; $149,968 for El Dorado Palace; $6,800,000 for Buena Vista Mobile Home Park; $8,249,601 for Wilton Ct.
City of Palo Alto
Development Impact Fee Report
for Period Ending June 30, 2023
(INFORMATION ONLY)
Public Art In‐Lieu Fee Water and Wastewater Collection Capacity Fee Description of the Type of Fee This fee is not subject to AB1600 requirements and is included in this report only for information purposes. Fees imposed on new commercial developments (including mixed use projects), including new construction, remodels,
additions and reconstruction that (i) have a floor area of 10,000 sq. ft. or more, and (ii) have a construction value of $200,000, or more, exclusive of costs for architecture, design, engineering, and required studies; and all new residential projects of five or more units to fund public art for private developments. (PAMC 16.61)
The water and wastewater collection system capacity fees are used to buy into existing water distribution and
wastewater collection systems and to recover the
proportionate cost of system improvements required to
serve the new customers of increased loads of existing
customers. These are one‐time fees paid before the water or wastewater services are upgraded or installed. Utility
capacity fees received are placed in a special fund and used exclusively for water and sanitary sewer capital improvement projects.
Amount of the Fee 1% of first $120.25 million construction valuation and 0.9% of construction valuation for valuation in excess of $120.25 million
Water Capacity Fees: 5/8 in., 3/4 in E‐Meter. $3,750, 1 in. E‐ Meter $6,250, 1 1/2 in. E‐Meter $18,850, 2 in. E‐Meter
$31,250, 4 in. Compound Meter by est. $125/FU (min. 5,000 FU) , 6 in. Compound Meter by est. $125/FU (min. 7,000 FU) Fire Service Capacity Fees: 2 in. $750, 4 in. $8,425, 6 in. $18,250, 8 in. $30,950, 10in. $48,110
Sewer Capacity Charges: 4 in. connection with 5/8 in Water Meter (WM) $5,250, 4 in connection. with 1‐in WM $10,500, 4 or 6 in. connection with 1‐1/2 in WM $31,668, 6 in.
connection with 2 in. WM $52,500, 6 in. and larger
connection with 4 in. or larger WM by est. at $210/FU
Fund Balance July 1, 2022 1,925,710
FY 2023 Activity
Revenues
Fees Collected 261,001
Interest Earnings 42,512
Unrealized Gain/(Loss) Investments (48,425)
Operating Transfer from General Fund 184,000
Capacity Fees Collected ‐ Water 131,275
Total Revenues 439,088 131,275
Expenditures
Salaries and benefits (255,040)
Other Contract Services (16,000)
Liability Insurance (2,324)
Total Expenditures (273,364)
Ending Balance
June 30, 2023 2,091,434
Reserves
Other Commitments/Appropriations (40,000)
Total Reserves (40,000)
Net Funds Available 2,051,434
City of Palo Alto
FY 2023 Use of Fees Summary
Fee Fund FY 2023 Expenditures (Actual) FY 2023 Interfund Transfers % of Total
Project Cost Construction Start Date
Stanford Research Park/El Camino Real Traffic Impact Fee None in FY 2023 None in FY 2023 N/A N/A
San Antonio/West Bayshore Traffic Impact Fee
None in FY 2023 None in FY 2023
36%
Commercial Housing Impact Fee
Expended $38,000 directly in the
Commercial Housing Impact Fee
Fund, related to staffing costs and
internal costs to support housing
grant work for Permanent Local
Housing Allocation (PLHA)
Entitlement Funding and Local
Housing Trust Fund (LHRF).
None in FY 2023 N/A N/A
General Government Facilities
None in FY 2023 None in FY 2023 N/A N/A
Community Facilities ‐ Parks Development Fee
Boulware Park (PE‐17005) $343,580 in Capital Project Fund $1,930,000 to Capital Project Fund 36% Construction scheduled to commence summer 2024.
Rinconada Park (PE‐08001) $237,280 in Capital Project Fund $383,633 to Capital Project Fund 4% Phase 1 construction began fall 2021.
Park Restroom Installation (PG‐19000) $143,530 in Capital Project Fund $336,700 to Capital Project Fund 36% FY 2024, with additional projects beginning in FY 2026 and FY 2028
Community Facilities ‐ Community Centers Development Fee None in FY 2023 None in FY 2023 N/A N/A
Community Facilities ‐ Library Development Fee
None in FY 2023 None in FY 2023 N/A N/A
Residential Housing Impact Fee
City of Palo Alto
FY 2023 Use of Fees Summary
Fee Fund FY 2023 Expenditures (Actual) FY 2023 Interfund Transfers % of Total
Project Cost Construction Start Date
None in FY 2023 None in FY 2023 N/A N/A
Charleston‐Arastradero Corridor Pedestrian and Bicyclist Safety Charleston/Arastradero Corridor Project (PE‐13011) $35,000 in Capital Project Fund $35,000 to Capital Project Fund 1% Phases 1 and 2 began June 2018 Citywide Transportation
Traffic Signal and Intelligent Transportation (PL‐05030 ) $232,810 in Capital Project Fund $395,000 to Capital Projects Fund 42% Project start was circa FY 2005. Fee funds used for ongoing upgrades to
the City's comprehensive traffic
management system, including traffic
signal equipment and on‐call traffic
design/engineering services.
Public Safety Facility Development Fee
None in FY 2023 None in FY 2023 N/A N/A
University Avenue Parking In‐Lieu Fee
New Downtown Parking Garage (PE‐15007) None in FY 2023 $92,000 to Capital Project Fund 95% Project currently in planning and design. Construction start date is
TBD.
Residential Housing In‐Lieu Fee Fund
Expended $38,000 directly in the
Residential Housing In‐Lieu Fee Fund,
related to staffing costs and internal
costs to support housing grant work
for PLHA and LHRF and Below Market
Rate (BMR) administration.
Parkland Dedication
None in FY 2023 None in FY 2023 N/A N/A
Public Art Fund
None in FY 2023 None in FY 2023 N/A N/A
Water and Wastewater Collection
None in FY 2023 None in FY 2023 N/A N/A