Stanford Research Park/El Camino Real San Antonio/West Bayshore Area FUND Transportation Impact Fee Transportation Impact Fee Description of the Type of Fee
Amount of the Fee $12.85/sq. ft.; City ceased collecting effective FY 2020$2.65/sq. ft.; City ceased collecting effective FY 2020 Fund Balance July 1, 2024 $1,275,358 $427,120
FY 2025 Activity
Revenues
Interest Earnings 34,315 11,492 Unrealized Gain/(Loss) Investments 40,803 13,622 ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- Total Revenues $75,118 $25,114
Total Expenditures - - ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- Ending Balance June 30, 2025 $1,350,476 $452,234
Total Reserves - - ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- Net Funds Available $1,350,476 $452,234
Commercial Housing
FUND 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. (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 Residential: (ADUs under 750 sq. ft are exempt) Non-Residential: $27 per sq. ft. Single family $1,744.59 per unit Multi-family $1.394.64 per unit
Office/R&D: $80 per sq. ft.
Non-Residential:
Commercial $973 per 1,000 sq. ft. or fraction thereof
Industrial $324 per 1,000 sq. ft. or fraction thereof
Office/Institutional $1,301 per 1,000 sq.ft. or fraction thereof Fund Balance July 1, 2024 $27,836,932 $191,972
FY 2025 Activity
Revenues
Fees Collected 55,680 98,585
Interest Earnings 327,963 4,656
Unrealized Gain/(Loss) Investments 110,723 5,551
----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- Total Revenues 494,365 108,792
Expenditures
Salaries and Benefit (26,488) - Liability Insurance (1,390) - Operating Transfer to Capital Projects Fund - (190,000.00) ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- Total Expenditures (27,878) (190,000)
----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- Ending Balance June 30, 2025 $28,303,420 $110,765
Reserves
Notes Receivable, net of allowance (see detail
below) (23,629,563) - ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- Total Reserves (23,629,563) - ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- Net Funds Available $4,673,857 $110,765
Notes Receivable Detail:
$1,290,000 for 2811 Alma; $4,137,278 for 801 Alma; $2,221,976 Alma SRO; Barker Hotel $400,000; $7,834,000 Oak Courts Apt $7,700,000 for Buena Vista Mobile Home Park;
$10,502,309 Wilton Court
FUND Park Development Fee Community Centers Development Fee Description of the Type of Fee
Amount of the Fee Residential: (ADUs under 750 sq ft are exempt) Residential: (ADUs under 750 sq ft are exempt) Traffic impact fees imposed on new non-residential development in the Stanford Research Park/El Camino Real Commercial Service 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 area to fund capacity
improvements at four indentified intersections. (PAMC 16.46) Fees imposed on new residential and non-residential development approved after Jan 28, 2002 to fund acquisition of land and improvements for neighborhood and district parks. (PAMC 16.58) Fees imposed on new residential and non-residential development approved after Jan 28, 2002 to to fund development and
improvements to community centers. (PAMC 16.58)
Single family $67,650.36 per unit Single family $5,228.71 per unit.
Multi-Family $50,034.40 per unit Multi-Family $3,867.92 per unit Non-residential: Non-residential:
Commercial/Industrial $19,837 per net new 1,000 sq ft.Commercial/industrial $1,533 per 1,000 sq ft.
Hotel/Motel $3,377 per 1,000 sq ft. Hotel/Motel $262 per 1,000 sq ft.
Fund Balance July 1, 2024 $2,384,330 $970,142
FY 2025 Activity
Revenues
Fees Collected 1,251,833 205,875
Interest Earnings 82,200 16,397
Unrealized Gain/(Loss) Investments 40,756 37,355 ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- Total Revenues $1,374,789 $259,627
Expenditures - Operating Transfer to Capital Projects Fund (275,800) (930,250.00) ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- Total Expenditures ($275,800) (930,250.00)----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- Ending Balance June 30, 2025 $3,483,319 $299,518
Total Reserves - - ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- Net Funds Available $3,483,319 $299,518
Residential Housing
FUND Library Development Fee Impact Fee
Description of the Type of Fee Fees imposed on new residential and non-residentual development approved after January 28, 2002 to fund development and improvements to 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: (ADUs under 750 sq ft are exempt) Single and Multi-Family: $26 per sq. ft. apartment (rentals) Single family $3,116.25 per unit
Multi-family $2,304.49 per unit
Non-residential:
Commercial/industrial $914 per net new 1,000 sq ft.
Hotel/Motel $156 per net new 1,000 sq ft.
Fund Balance July 1, 2024 $617,837 $1,155,034
FY 2025 Activity
Revenues
Fees Collected 110,159 - Interest Earnings 13,047 31,082
Unrealized Gain/(Loss) Investments 35,392 35,176
----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- Total Revenues $158,598 $66,259
Expenditures
Operating Transfer to Capital Projects Fund (382,983) - ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- Total Expenditures (382,983.00) - ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- Ending Balance June 30, 2025 $393,452 $1,221,292
Total Reserves - - ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- Net Funds Available $393,452 $1,221,292
Charleston-Arastradero Corridor Citywide Transportation FUND Pedestrian and Bicyclist Safety Impact Fee Impact fee Description of the Type of Fee Fees collected from new development and redevelopmentTransportation impact fees imposed on new development in within the Charleston-Arastradero Corridor to provide forall parts of the City to fund congestion reduction projects. pedestrian and bicyclist safety improvements. (PAMC 16.60)(PAMC 16.59) Amount of the Fee Residential: $1,744 per residential unit Commercial: $0.51 per sq ft (ADUs exempt)
$10,103.99 each; per net new PM peak hour trip
Fund Balance July 1, 2024 $17,252 $1,883,519
FY 2025 Activity
Revenues
Fees Collected 23,359 127,504 Interest Earnings 978 46,825 Unrealized Gain/(Loss) Investments (319) 58,570 ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- Total Revenues $24,018 $232,899
Expenditures
Operating Transfer to Capital Projects Fund - (395,000) ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- Total Expenditures - ($395,000)----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- Ending Balance June 30, 2025 $41,270 $1,721,417
Total Reserves - - ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- Net Funds Available $41,270 $1,721,417
University Avenue Non-residential Development
FUND 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 Ave. Parking Assessment District area in lieu of providing the required off-street parking spaces. (PAMC 16.57)
Amount of the Fee Residential: $135,514.06 per each parking space Single family $1,384.31 per unit
Multi-family $1,107.96 per unit
Non-residential:
Commercial $773 per 1,000 sq ft. or fraction thereof
Industrial $258 per 1,000 sq. ft. or fraction thereof
Office/Institutional $1,103 per 1,000 sq ft or fraction thereof.
Fund Balance July 1, 2024 $151,287 $15,189,653
FY 2025 Activity
Revenues
Fees Collected 77,389
Interest Earnings 4,158 291,788
Unrealized Gain/(Loss) Investments 3,512 562,799
----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- Total Revenues $85,060 $854,587
Expenditures
General Expense - 0 Operating Transfer to Capital Projects Fund (95,093.00) (2,391,642) ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- Total Expenditures (95,093.00) (2,391,642.00) ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- Ending Balance June 30, 2025 $141,254 $13,652,598
Total Reserves - - ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- Net Funds Available $141,254 $13,652,598
Residential Housing In-Lieu Fee Parkland Dedication Fee
FUND (INFORMATION ONLY) (INFORMATION ONLY)
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 inlcuded only for information purposes. Fees on parkland dedication imposed on new residential and non-residential development. (PAMC 21.50; Gov. Code Sec. 66477 and 66479) Amount of the Fee Single-family $100 per sq. ft. single-family detached; $66 per sq. ft. single-family attached. Multi-family $66 per sq. ft. condos.
Single Family: $81,863.14 per unit; Multi-Family: $56,425.44 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, 2024 $29,873,784 $3,601,005
FY 2025 Activity
Revenues
Fees Collected 2,722,519 1,970,457
Interest Earnings 723,124 107,678
Unrealized Gain/(Loss) Investments 142,973 60,213
----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- Total Revenues $3,588,616 $2,138,348
Expenditures
Salaries and Benefit (26,488.28) - Liability Insurance (1,389.69) - Contract Service/General Expense (202,690.87) - Operating Transfer to Capital Projects Fund - (961,490) ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- Total Expenditures (230,569) ($961,490) ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- Ending Balance June 30, 2025 $33,231,831 $4,777,863
Reserves
Reserve for Encumbrances & Reappropriations (41,391) - Reserve for Notes Receivable (28,858,078) - ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- Total Reserves ($28,899,469) - ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- Net Funds Available $4,332,361 $4,777,863
Residential Housing In-Lieu Fund, Notes Receivable Detail:
$375,000 for 3053 Emerson; $3,504,850 for Tree House Apts.; $3,000,000 Grant Ave; $747,734 for Sheridan Apts.
Public Art In-Lieu Fee
FUND (INFORMATION ONLY) Water Connection/Capacity Fees
Description of the Type of Fee This fee is not subject to AB1600 reporting requirements and is included only for information purposes. The Public Art In-Lieu fee is used to fund public art for private developments that elect not to provide public art onsite. The fee is imposed on new commercial developments and mixed-use projects 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, as well as all new residential projects of five or more units. (PAMC 16.61)
Water connection and capacity fees are imposed on new
development and redevelopment to buy into existing water distribution system 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 water services are upgraded or installed. Capacity fees recieved are used exclusively for water capital improvement projects. (Gov.
Code Sec. 66013)
Amount of the Fee 1% of first $132.67 million construction valuation and 0.9% of construction valuation for valuation in excess of $132.67 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, 10 in. $48,110
Fund Balance July 1, 2024 $2,249,946 - FY 2025 Activity
Revenues
Fees Collected 118,021
Connection Fees Collected 1,489,198
Capacity Fees Collected 333,490
Interest Earnings 59,151 - Unrealized Gain/(Loss) Investments 71,430 - Transfers in from other funds 187,800 - ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- Total Revenues $436,402 $1,822,688
Expenditures
Salaries and benefits (294,479) - Contract Services/Other (152,513) (1,822,688) Liability Insurance (8,439) - ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- Total Expenditures ($455,431) ($1,822,688)
----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- Ending Balance June 30, 2025 $2,230,917 - Reserves
Encumbrances & Reappropriations (139,356) - ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- Total Reserves (139,356) - ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- Net Funds Available $2,091,561 -
FUND Wastewater Connection/Capacity Fees
Description of the Type of Fee Wastewater connection and capacity fees are imposed on new development and redevlopment to buy into the existing 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 wastewater services are upgraded or installed. Capacity fees recieved are used exclusively for sanitary sewer capital improvement projects. (Gov. Code Sec. 66013)
Amount of the Fee 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, 2024 - FY 2025 Activity
Revenues
Connection Fees Collected 320,608
Capacity Fees Collected 137,004
----------------------------------------------------------------------------------------- Total Revenues $457,612
Expenditures
Contract Services/Other (457,612) ----------------------------------------------------------------------------------------- Total Expenditures ($457,612)
----------------------------------------------------------------------------------------- Ending Balance June 30, 2025 - Total Reserves - ----------------------------------------------------------------------------------------- Net Funds Available $0
$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.; $1,500,000 for 525 E. Charleston Rd.; $600,000 Fabian Way Housing $2,285,026 for 801 Alma; $842,338 for Palo Alto Housing Project; $600,000 for 2811-2825 Alma St.; City of Palo Alto
FY 2025 Use of Fees Summary
Fund Name Project FY 2025 Expenditures Total Project Cost % of Total
Project
Cost
Construction Start
Date
Stanford Research Park/El Camino Real Transportation Impact FeePage Mill Road/El Camino Real Intersection ImprovementsNone N/A N/A 2026 San Antonio/West Bayshore Area Transportation Impact Fee PL-05030 Traffic Signal and ITS Upgrades None 4,091,083.00$ N/A 2026 Commercial Housing Impact Fee Affordable Housing Development Projects 27,878.00$ N/A N/A N/A General Government Facility Development Impact Fee PE-15001 New Public Safety Building 190,000.00$ 118,602,764.00$ 0.3% March 2021 Community Facilities Parks Development Impact Fee PG-19000 Park Restroom Installation 275,799.00$ 2,003,799.00$ 83.4% Recurring PG-18001- Dog Park Installation and Renovation None 338,904.00$ 88.5% Recurring Community Center Impact Fee PE-24001 Electrification of City Facilities 490,000.00$ 1,799,238.00$ 54.5% Recurring PF-02022 Facility Interior Finishes Replacement 440,250.00$ 1,069,488.00$ 82.3% Recurring Community Facilities Library Developers Impact Fee LB-21000 Library Automated Material Handling 382,983.00$ 1,898,292.00$ 45.6% February 2025 Residential Housing Impact Fee Affordable Housing Development Projects None N/A N/A N/A Charleston-Arastradero Corridor Pedestrian & Bicyclist Safety Impact FeePL-05030 Traffic Signal and ITS Upgrades None 4,091,083.00$ 1.0% N/A Citywide Transportation Impact Fee PL-05030 Traffic Signal and ITS Upgrades 395,000.00$ 4,091,083.00$ 9.7% ongoing Public Safety Facility Development Impact Fee PE-18004 Fire Station 4 Replacement 95,093.00$ 18,255,946.00$ 0.5% Spring 2022 University Ave Non-Residential Development Parking In-Lieu FeePE-15007 New Downtown Parking Garage 2,391,642.00$ 17,286,151.00$ 13.8% 2025 Residential Housing In-Lieu Fee Affordable Housing Development Projects 230,569.00$ N/A, ongoing N/A N/A Parks Dedication Fund PG-26000 Stanford Palo Alto Community Playing Fields Turf Replacement 961,490.00$ 2,707,547.00$ 35.5% Spring 2025 PE- 18006 Byxbee Park Completion None 3,199,189.00$ 48.4% Fall 2024 PE-24004 Rinconada Pool Family Changing Room None 1,406,158.00$ 26.4% Winter 2024 Public Art In-Lieu Fee
Public Art Program(acquisition of new artwork, repair and maintenance, project management and program
administration)
455,431.00$ N/A, ongoing N/A N/A Water Fund Capacity Fees WS-80013 Customer Connections, Annual 1,432,833.00 $ N/A, ongoing N/A ongoing WS-15002 Water Main Replacement Project #29 389,855.00$ N/A, ongoing N/A Winter 2022 Wastewater Connection Capacity Fees WC-80020 Sewer System, Customer Connections, Annual 457,612.00$ N/A, ongoing N/A ongoing