11-1
STAFF REPORT
TO: Mayor and City Council DATE: December 21, 2023
FROM: Jacob De La Cruz, Financial Analyst
SUBJECT: Five-Year Development Impact Fee Report
SPECIFIC REQUEST OR RECOMMENDATION
That the City Council receive and file the Five-Year Development Impact Fee Report.
JUSTIFICATION OR INFORMATION
The City of Rancho Mirage Development Impact Fee (DIF) program was established in 2004 (Ordinance 881 ), transitioning the City from the License Tax Fee which was in place from 1973- 2004.
Government Code §§ 66000-66025 (the "Mitigation Fee Act") regulates how public agencies collect, maintain, and spend impact fees imposed on developers for the purpose of defraying costs of public facilities. It includes requirements for accounting, spending, and annually reporting the fees and related interest earnings, and for findings or refunds if funds remain unspent for five or more years after receipt.
Government Code § 66006(b)(1) sets forth the specific reporting requirements that should be included in this report, the basics of which are detailed below. • A brief description of the type of fee in each account or fund; • The amount of the fee;
• The beginning and ending balance of the account or fund; • The amount of the fees collected and the interest earned; • An identification of each public improvement for which fees were expended and the amount of each expenditure;
• An identification of the approximate date by which the construction of the public improvement will commence;
• A description of any inter-fund transfer or loan and the public improvement on which the transferred funds will expend;
• The amount of refunds made and any allocations of unexpended fees that are not refunded.
AGENDA ITEM#
11-2
DATE: December 21, 2023 Page 2 of 2
Five-Year Development Impact Fee Report
The attached document was prepared pursuant to the requirements set forth above and addresses them accordingly.
The City's Development Impact Fee Nexus Analysis identifies a list of improvements for which this fee is to be used, as well as the portion of improvements to be funded by impact fee revenues.
This study can be found on the Finance page of the City's website. Specific other sources and amounts offunding anticipated to be used to complete improvements are determined on a project by-project basis and are documented in the City's annual Capital Improvement Program adopted by City Council. The exact date of impact fee collection and deposit of funding is impossible to predict, as impact fee revenue is dependent on economic cycles associated with development activity.
Public Availability:
The Development Impact Fee Annual was made available to the public on December 11, 2023.
A copy of the annual report was posted to the City's Finance Division website and was delivered to the City Clerk for public accessibility at City Hall.
FISCAL IMPACT
No fiscal impact is created by accepting this annual report.
ATTACHMENT(S)
1. Five-Year Development Impact Fee Report
2. Letter from Desert Valley Builders Association
AGENDA ITEM#
11-3
ATTACHMENT 1
FIVE-YEAR DEVELOPMENT IMPACT FEE REPORT
(SEE ATTACHED)
11-4
Annual and Five-Year DIF Report December 21, 2023
CITY OF RANCHO MIRAGE
DEVELOPMENT IMPACT FEE ANNUAL AND
FIVE-VEAR REPORT
DECEMBER 21, 2023
9 11-5
Annual and Five-Year DIF Report
CITY OF RANCHO MIRAGE - Development Impact Fee Report
Annual and Five-Year Report
The following information was prepared to comply with Government Code 66001. In May of 2019, following a duly noticed public hearing, the City Council adopted Resolution No. 2019-18, approving a Development Impact Fee Nexus Analysis and updating the development impact fees, based in part on the Development Impact Fee Nexus Analysis prepared by Willdan Financial Services (the "Report"). When the DIF program was established in 2004 (Ordinance 881) there were a total of 10 DIF categories or funds. With the adoption of Resolution 2019-18, five of the original transportation related DIF funds collapsed into a single category. With the adoption of Resolution 2019-18, there are now a total a six DIF categories or funds. The following tables are representative of the original DIF categories and their associated fees. The table on the right side of the page identifies the updated DIF categories and their representative fees.
ORIGIANAL DIF CATEGORIES AND FEES (ORDINANCE 881)
Dev. Streets/ Traffic Median Bus Bike City U'grd Public Total Development Type Parks Hall/Corp Fire Fees per
Unit lntchgs Signals Islands Shelters Paths Yard Utilities Library Unit Residential -Hillside Rsrv. DU 670 143 183 32 2,134 130 998 5,689 1,150 0 11 ,129 Residential -Estate DU 670 143 183 32 2,134 130 998 3,792 1,150 0 9 ,232 Residential-Low Density 2 DU 670 143 183 32 2,134 130 998 1,580 920 0 6 ,790 Residential -Low Density 3 DU 670 143 183 32 2,134 130 998 1,138 805 0 6 ,233 Residential-Med. Density DU 469 100 128 32 2,134 130 998 813 575 0 5 ,379 Residential-High Density DU 402 86 110 32 2,134 130 998 356 414 0 4 ,662 Mobile Home DU 402 86 110 31 2,028 126 948 356 276 0 4,363 Office KSF 2,345 500 639 57 0 77 1,746 327 230 0 5 ,921 Commercial-Neighborhood KSF 1,340 286 365 49 0 22 499 164 115 0 2 ,840 Commercial-General KSF 1,340 286 365 49 0 22 499 164 115 0 2,840 Commercial-Community KSF 1,340 286 365 49 0 22 499 164 115 0 2,840 Resort Hotel KSF 268 57 73 66 0 30 674 164 115 0 1,447
Commercial-Mixed Use KSF 1,340 286 365 49 0 22 499 164 115 0 2,840 Industrial-Light KSF NA NA NA NA NA NA NA NA NA NA NA
Hospital KSF 670 143 183 33 0 44 998 164 115 0 2,350
A brief description of the above listed fees and their accounts/funds is below.
Streets and Interchanges - As determined by the City of Rancho Mirage Public Works Department, fees are collected to address street, interchange, and intersection improvements needed to serve future development.
Traffic Signals - As determined by the City of Rancho Mirage Public Works Department, fees are collected to address traffic signals needed to serve future development.
Median Islands - As determined by the City of Rancho Mirage Public Works Department, fees are · collected to address raised medians needed as a result of projected increases in traffic due to future development.
December 21, 2023
Bus Shelters - As determined by the City of Rancho Mirage Public Works Department, fees are collected to address bus shelters needed to serve future development.
Park Improvements - As determined by the City of Rancho Mirage Planning Department, fees are collected to address park improvements needed to serve future development.
Bike Paths - As determined by the City of Rancho Mirage Public Works Department, fees are collected to address bike paths needed to serve future development. The term bike path is intended to include facilities that also serve as golf cart routes as well as some sidewalks required to meet ADA access requirements.
City Hall and Corporation Yard - As determined by the City of Rancho Mirage Public Works Department, fees are collected to address additions to City Hall and Corporation Yard needed to serve future development.
Fire Facilities and Equipment - As determined by the City of Rancho Mirage Public Works Department, fees are collected to address fire protection facilities and equipment needed to serve future development. The City of Rancho Mirage contracts with the Riverside County Fire Department (RCFD) for fire protection and emergency medical first responder services.
Underground Utilities - As determined by the City of Rancho Mirage Public Works Department, fees are collected to address undergrounding of overhead utility lines.
Public Library - As determined by the Rancho Mirage Library and City of Rancho Mirage Public Works Department, fees are collected to address additions to the Library needed to serve future development.
DEVELOPMENT IMPACT FEE SCHEDULE - Resolution 2020-34
Residential Non-Residential (per 1,000 sq.ft.)
Facility Type Single Family Multi -Family Commercial Office Industrial General Govt. $ 1,001 $ 792 $ 310 $ 808 $ 300
Fire Facilities 452 361 313 817 304
Transportation 4,172 2,570 2,850 6,780 894
Park and Rec 1,733 1,383 - - -
Library 1,153 921 - - -
Undergrounding 272 272 272 272 272
TOTAL $ 8,783 $ 6,306 $ 3,747 $ 8,683 $ 1,773
A brief description of the above listed fees and their accounts/funds in below.
General Government Facilities - The purpose of this fee is to ensure that new development funds its fair share of general government facilities. A fee schedule is presented based on the existing 2 11-6
Annual and Five-Year DIF Report
facilities standard of general government facilities in the City of Rancho Mirage to ensure that new development provides adequate funding to meet its needs.
Fire Facilities - The purpose of the fire impact fee is to fund the fire facilities needed to serve new development.
Transportation Facilities - The purpose of this fee is to ensure the development of transportation facilities keeps pace with and can accommodate new development.
Park and Recreation Facilities - The purpose of the parkland and park facilities impact fee is to fund the park facilities needed to serve new development.
Library Facilities - The purpose of this fee is to ensure new library facilities are adequate to serve new development.
Infrastructure Undergrounding - The purpose of this fee is to ensure infrastructure undergrounding is adequate to serve new development.
The following pages contain annual summaries for FY 2018/19 through FY 2022/23, as well as five year reports for each fund. Included within the tables is each fund's balance, interest earned, fees collected, and annual summaries including a list of public improvements funded by each fee, approximate construction dates for public improvements, interfund transfers or loans, and refunds.
The City's Development Impact Fee Nexus Analysis located on the Finance page of the City's website identifies a list of improvements for which this fee is to be used, as well as the portion of improvements to be funded by impact fee revenues. Specific other sources and amounts of funding anticipated to be used to complete improvements are determined on a project-by-project basis and are documented in the City's annual Capital Improvement Program adopted by City Council.
The exact date of impact fee collection and deposit of funding is impossible to predict, as impact fee revenue is dependent on economic cycles associated with development activity.
PUBLIC AVAILABILITY
This report was made available to the public on December 11 th , 2023.
December 21, 2023
3 11-7
Annua l and Five-Year DIF Report
DEVELOPMENT IMPACT FEE REPORT- FISCAL YEAR 2018-19
Fees Collected
Interest Earnings
Net Increase (Decrease)
In Investment Fair Value
Miscellaneous
TOTAL REVENUE
$12,127
3,488
6,468
-
22,083
$22,788 $3,312 $2,470
2,496 1,349 2,461
4,421 2,525 4,663
- - -
29,705 7,186 9,594
December 21, 2023
REVENUE
$7,885 $219,560 $196,112 $16 ,790 $40,546
2,189 6,334 12,678 13,159 1,039 1,990
4,043 8,715 24,588 24,883 1,303 3,804
- - -
14,117 234,609 233,378 54,832 42,888 5,793
EXPENDITURES
Genera l Government - - - - - - -
Capital Projects - - - - - - 79,883
TOTAL EXPENDITURES - - - - - - 79,883
OTHER FINANCING SOURCES (USES)
lnterfund Loans
Externa l Loans
TOTAL OTHER FINANCING
SOURCES (USES)
Tota l Change in Fund Balances
Fund Balances at Beginning of Year
Fund Balances, End of Year (18/19)
-
-
-
22,083
214,848
$236,931
List of Public Improvements Funded by Each Fee
- - -
- - -
- - -
29,705 7,186 9,594
143,961 84,190 156,342
$173,666 $91,376 $165,936
• $79,882.90 was expended in F ire Facilities and Equipment as payment for the purchase and installation of emergency backup generators at Fire Station #50 and Fire Station #69.
- - -
- - -
- - -
14,117 234,609 153,495 54,832 42,888 5,793
134,839 246,907 777,294 833,451 34,322 128,000
$148,957 $481,515 $930,789 $888,284 $77,210 $133,793
Approximate Construction Dates for Public Improvements
Nothing to report as sufficient funds to complete financing on an incomplete public improvement have not yet been collected.
lnterfund Transfers or Loans
Nothing to report as no transfer or loan was made.
Refunds
Nothing to report as no refunds were made or required.
4 11-8
Annual and Five-Year DIF Report December 21, 2023
DEVELOPMENT IMPACT FEE REPORT - FISCAL YEAR 2019-20
REVENUE
Fees Collected $131,173 $197,285 $144,647 $6,999 $8,630 $5,725 Interest Earnings 19,681 13,500 22,044 12,174 1,798 2,934 Net Increase (Decrease )
In Investment Fair Value 27,180 20,107 30,656 12,928 2,454 3,891 Mi scellaneo us - - - - - -
TOTAL REVENUE 178,033 230,891 197,346 32,101 12,882 12,550
EXP EN DITU RES
Genera l Government - - - - - -
Capita l Projects - - - 329,751 - -
TOTAL EXPENDITURES - - - 329,751 - -
OTHER FINANCING SOURCES (USES)
lnterfund Loans - -
Externa l Loans - -
TOTAL OTHER FINANCING - -
SOURCES (USES)
Tota l Change in Fund Balances 178,033 230,891
Fund Balances at Beginning of Year 816,866 481,515
Fund Balances, End of Year (19/20) $994,900 $712,407
List of Public Improvements Funded by Each Fee
• $24,950 was expended in Infrastructure Undergrounding as payment for traffic signal conduit and fiber line upgrades to expand the traffic s ignal synchronization on Bob Hope, Country Club, Highway 111 and Magnesia Falls.
• $304,801 was expended in Infrastructure Undergrounding as payment for utility undergrounding on Vista Del Sol.
- - - -
- - - -
- - - -
197,346 (297,650 ) 12,882 12,550
930,789 888,284 77,210 133,793
$1,128,135 $590,634 $90,092 $146,343
Approximate Construction Dates for Public Improvements
Nothing to report as sufficient funds to complete financing on an incomplete public improvement have not yet been collected.
lnterfund Transfers or Loans
Nothing to report as no transfer or loan was made.
Refunds
Nothing to report as no refunds were made or required.
5 11-9
Annual and Five-Year DIF Report December 21, 2023
DEVELOPMENT IMPACT FEE REPORT - FISCAL YEAR 2020-21
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REVENUE
Fees Collected $269,188 $314,280 $237,725 $24,448 $93,386 $62,038 Interest Earnings 19,915 15,439 21,616 9,848 2,574 1,804 Net Increase (Decrease) (12,000 ) (6,292 ) (14,476 ) (9,912 ) (144 ) (3,408 ) In Investment Fair Value
M iscellaneous - - - - - -
TOTAL REVENUE 277,103 323,427 244,865 24,384 95,816 60,434
EXP EN DITU RES
Genera l Government - - - - - -
Capita l Projects 188,786 - - 29,013 35,272 123,411
TOTAL EXPENDITURES 188,786 - - 29,013 35,272 123,411
OTHER FINANCING SOURCES (USES)
lnterfund Loans - -
Externa l Loans - -
TOTAL OTHER FINANCING - -
SOURCES (USES)
Tota l Change in Fund Balances 88,317 323,427
Fund Balances at Beginning of Year 994,900 712,407
Fund Balances, End of Year (20/21) $1,083,217 $1,035,834 List of Public Improvements Funded by Each Fee
• $188,786 was expended in Transportation Facilities as payments for the Butler Abrams Trail pavement rehabilitation project.
• $24,360 was expended in Infrastructure Undergrounding as payment for traffic signal conduit and fiber line upgrades to expand the traffic signal synchronization on Bob Hope Dr. from the bridge to Rancho Los Palmas Dr.
• $4,653.20 was expended in Infrastructure Undergrounding as payment for geotechnical and material testing related to the utility undergrounding on Vista Del Sol.
• $35,272 was expended in Parks and Recreation Facilities as payment for the expansion of Wolfson Park
• $123,411 was expended in Library Facilities as payment for the Annenberg Room improvements.
- - .. -
- - - -
- - - -
244,865 (4,629 ) 60,544 (62,977 )
1,128,135 590,634 90,092 146,343
$1,373,000 $586,005 $150,636 $83,366
Approximate Construction Dates for Public Improvements
Nothing to report as sufficient funds to complete financing on an incomplete public improvement have not yet been collected.
lnterfund Transfers or Loans
Nothing to report as no transfer or loan was made.
Refunds
Nothing to report as no refunds were made or required.
6 11-10
Annual and Five-Year DIF Report December 21, 2023
DEVELOPMENT IMPACT FEE REPORT- FISCAL YEAR 2021-22
REVENUE
Fees Collected $188,738 $236,625 $178,596 $10,608 $67,573 $44,951 Interest Earnings 21,245 21,441 23,410 10,665 2,478 2,049 Net Increase (Decrease) (70,968} (66,712 ) (60,176 ) (33,552 ) (7,832 ) (6,510 ) In Investment Fair Value
M iscellaneous - - - - - -
TOTAL REVENUE 139,014 191,354 141,830 (12,279) 62,219 40,490
EXPENDITURES
Genera l Government - - - - - -
Capita l Projects 4,595 - - - 88,564 -
TOTAL EXPENDITURES 4,595 - - - 88,564 -
OTHER FINANCING SOURCES (USES)
lnterfund Loans - -
External Loans - -
TOTAL OTHER FINANCING - -
SOURCES (USES)
Tota l Change in Fund Balances 134,419 191,354
Fund Balances at Beginning of Year 1,083,217 1,035,834
Fund Balances, End of Year (21/22) $1,217,637 $1,227,188 List of Public Improvements Funded by Each Fee
• $4,595 was expended in Transportation Facilities as payments for the Butler Abrams Trail pavement rehabilitation project.
• $88,564 was expended in Parks and Recreation Facilities as payment for the expansion of Wolfson Park
- - - -
- - - -
- - - -
141,830 (12,279 ) (26,346 ) 40,490
1,373,000 586,005 150,636 83,366
$1,514,830 $573,726 $124,290 $123,856
Approximate Construction Dates for Public Improvements
Nothing to report as sufficient funds to complete financing on an incomplete public improvement have not yet been collected.
lnterfund Transfers or Loans
Nothing to report as no transfer or loan was made.
Refunds
Nothing to report as no refunds were made or required.
7 11-11
Annua l and Five-Year DIF Report December 21, 2023
DEVELOPMENT IMPACT FEE REPORT - FISCAL YEAR 2022-23
REVENUE
Fees Collected $207,729 $163,206 $121,618 $13,973 $58,922 $39,202 Interest Earnings 17,572 17,426 14,699 7,511 2,003 1,740 Net Increase (Decrease) {19,170 ) {18,244 ) (14,247 ) {5,497 ) (3,098 ) {1,465 ) In Investment Fair Value
Miscellaneous - - - - - -
TOTAL REVENUE 206,131 162,389 122,069 15,988 57,827 39,478
EXPENDITURES
Genera l Government - - - - - -
Capita l Projects - - 589,042 - 5,966 24,114
TOTAL EXPENDITURES - - 589,042 - 5,966 24,114
OTHER FINANCING SOURCES (USES}
lnterfund Loans - -
Externa l Loans - -
TOTAL OTHER FINANCING - -
SOURCES (USES)
Tota l Change in Fund Balances 206,131 162,389
Fund Balances at Beginning of Year 1,217,637 1,227,188
Fund Balances, End of Year (22/23) $1,423,767 $1,389,577 List of Public Improvements Funded by Each Fee
• $589,042 was expended in Fire Facilities as part of the seismic and building upgrades project.
• $5,966 was expended in Parks and Recreation Facilities as payment for the expansion of Wolfson Park.
• $24,114 was expended in Library Facilities as payment for the installation of new interlocking pavers.
- - - -
- - - -
- - - -
{466 ,973 ) 15,988 51,861 15,364
1,514,830 573 ,726 124,290 123,856
$1,047,857 $589,714 $176,152 $139,220
Approximate Construction Dates for Public Improvements
Nothing to report as sufficient funds to complete financing on an incomplete public improvement have not yet been collected.
lnterfund Transfers or Loans
Nothing to report as no transfer or loan was made.
Refunds
Nothing to report as no refunds were made or required.
8 11-12
Annual and Five-Year DIF Report December 21, 2023
TRANSPORTATION FACILITIES- FIVE-YEAR REPORT
REVENUE
Fees Collected 48,582 131,173 269,188 188,738 207,729
Interest Earnings 11,983 19,681 19,915 21,245 17,572
Net Increase (Decrease)
In Investment Fair Value 22,120 27,180 {12,000) (70,968) (19,170) Miscellaneous - - - - -
TOTAL REVENUE 82,685 178,034 277,103 139,014 206,131
EXPENDITURES
General Government - - - - -
Capital Projects - - 188,786 4,595 -
TOTAL EXPENDITURES - - 188,786 4,595 -
OTHER FINANCING SOURCES (USES}
lnterfund Loans - - - - -
External Loans - - - - -
TOTAL OTHER FINANCING SOURCES (USES} - - - - -
Total Change in Fund Balances 82,685 178,034 88,317 134,419 206,131 Fund Balances at Beginning of Year 734,181 816,866 994,900 1,083,217 1,217,637 Fund Balances as of June 30 816,866 994,900 1,083,217 1,217,637 1,423,767 Available Revenue Current Year 82,685 178,034 277,103 139,014 206,131 Available Revenue Prior Fiscal Year (2-yr Old Funds) 52,907 82,685 178,034 277,103 139,014 Available Revenue Prior Fiscal Year (3-yr Old Funds) 210,740 52,907 82,685 178,034 277,103 Available Revenue Prior Fiscal Year (4-yr Old Funds) 61,130 210,740 52,907 82,685 178,034 Available Revenue Prior Fiscal Year (5-yr Old Funds) 78,864 61,130 210,740 52,907 82,685 Available Revenue Greater than Five Fiscal Years 330,539 409,403 281,748 487,893 540,800 Total Revenue Available 816,866 994,900 1,083,217 1,217,637 1,423,767 9 11-13
Annual and Five-Year DIF Report December 21, 2023
INFRASTRUCTURE UNDERGROUNDING - FIVE-YEAR REPORT
~
~'!""o•,>7"'"""•~;.!,r!-,:~~J,:;'?'1"'~""'"'.)t'-r;f,rc,o,.,.,,.~,.-e ;· • c •'t .0 ~- .~,;~•-·•• ;. ·.« 7•3•:,<:o:l,.~[T':,.;;"t'l'.-;~"\'lt~~•'l:,W,'./1 •T, •'-•f;/"' ·'r ;•1, ,,,-,o, - .s~:-••'-' !' '':" 'JJ;~-:"'?"'i!ITj':c,"<~-T.:d.f.~=-;.· • ~['--'i!;',,"iiij, -_(;_,,~~'\J•"<\:- • • •,:3. ,;-\ i O, :°''jli)'"fr~\".1.'"."~iil~•;_;:,,o;,f •~; ~:
~i::,,;hlN6~~-lJ!!Q~TY.!t~.•,PN_q~J~§,RQ~J,~l;)IN~.::.}ll.tt;#.l\rl 1,.'@~Ml-f~-~-~:;{;;·,~·:i~:'i;',~.;~;fX:.2g~~n.0:;~;i-\'.~,i( ~ lP201l ! 1.J~.?~ii:~j/·:.\_~y.~~~11~~---~/i;l_f;~1~1t.~X)-~2.~1Zt~f~;:tfr:~ .. ,
REVENUE
Fees Collected 16,790 6,999 24,448 10,608 13,973
Interest Earnings 13,159 12,174 9,848 10,665 7,511
Net Increase (Decrease)
In Investment Fair Value 24,883 12,928 (9,912) (33,552) (5,497) Miscellaneous - - - - -
TOTAL REVENUE 54,832 32,101 24,384 (12,279) 15,988
EXPENDITURES
General Government - - - - -
Capital Projects - 329,751 29,013 - -
TOTAL EXPENDITURES - 329,751 29,013 - -
OTHER FINANCING SOURCES (USES)
lnterfund Loans - - - - -
External Loans - - - - -
TOTAL OTHER FINANCING SOURCES (USES) - - - - -
Total Change in Fund Balances 54,832 (297,650) (4,629) (12,279) 15,988 Fund Balances at Beginning of Year 833,451 888,284 590,634 586,005 573,726 Fund Balances as of June 30 888,284 590,634 586,005 573,726 589,714 I
...... . rt.Ar ... _ 't • ~ ,';,~ • .-.. ~ .. -J'<,..;..r_1,.,.. i:...;tr~ ,,;:.,. .:Ma-.,,: :1-..:....~.r .... ,,,..,,.t':: ..... ~,•...;:.s·'·~o~·~~~••.a•4mo•·~~~ .., .. _ .. ~ ._,r~,-.:''ff·• :. .. ' ~ -.:._·.--;;... t·~-~~d~~~ ~ .. ~<...,,1,•_,t~~:1·:;-,·~•<' .. + .. 1\~- ~ "-,o;Jt-~--~;!p'"'f~.F~~f,t~~"'!.:1..:\~r. \ .. :. ,{ .. ~: -:: _t '·:'' • .. ~';.~·:·if!½_"'IJ.1~~~-, ~~~~~ ~~ :\o~M~- •·i,.,'"f:·.,~\,.2t \:1:; -,1~'L . -r ·/:~?~••l~~ :\_, .. ~... ,.. I FIVE-YEAR REVENUE TESTS USING,F.IRST"-IN;FIR T1.1t- UT~ METH D· ·: /-'.~.-•r. i.i, ,::·-f 1.~:·: .. : 1:'-~~,s:. \~:;c' ,~,•·~•,<'; ·:,.1•• ·'·""' ~,1,.~/f'i"::i;~ft!~"".'(4i'¥¥ri~·:'l',.··..-s,"".¢~-·r:-; ;;;,✓ •:;;;..~,.,.s.~"'~~ ·"' -~-{~~-, _,,.,-,.1\ ·itt'.., -.>~~1:';1,;~.,-"'"w·., ·~:"~-,;{~;,. •·°', :~- : 1 ,-,. .'"""'l•lf ~ • ._,<f'-t'..:'';;,,-~~-,,....::,,J,i:,,,'1'~~1~-.•'.7,l'~••t"l'"s..,1••;,.;.i0-•.., .,":,,.'<.'' "L¼.:" ~,0\~~"~V-U.•.•"-,; '••r '' '. ~,t.,--~ _ !..c;...-:,!.-~:i'1;.f.t;;..,'\r!-.•~--s.•-•t _ ~"_;-,'(..';~ .,),'-, , .f ,~~-.J.~.:'. '• ~-t-{~\•:ft'-.l-1); ... ~ <.-..•c,._ "'-;;[.,',-•:, .,-0,'1o, -t .ol,;>, "~,, •.;;~• 'f, ~~,.1• I Available Revenue Current Year 54,832 32,101 24,384 (12,279) 15,988 Available Revenue Prior Fiscal Year (2-yr Old Funds) 15,928 54,832 32,101 24,384 (12,279) Available Revenue Prior Fiscal Year (3-yr Old Funds) 45,396 15,928 54,832 32,101 24,384 Available Revenue Prior Fiscal Year (4-yr Old Funds) 49,373 45,396 15,928 54,832 32,101 Available Revenue Prior Fiscal Year (5-yr Old Funds) 48,675 49,373 45,396 15,928 54,832 Available Revenue Greater than Five Fiscal Years 674,080 393,004 413,364 458,759 474,687 Total Revenue Available 888,284 590,634 586,005 573,726 589,714 10 11-14
Annual and Five-Year DIF Report December 21, 2023
PARKS and RECREATION FACILITIES - FIVE-YEAR REPORT
··t'.l:1~..,.,·~ ~ .. ~-... ",, .,.;,\o.; w •• ,"' ~ .., ., \:·1-;► __ ~~ ... ~~·(;p,l .. ,,.;,,.:_· r ... ·-- 1·~-· .,-./· ·~~-t_ .. ;:r·~~~~ i , ... .. z ,,.,~. :."t .. : :,·_,...<, .... : 1'""""'·,~,, ·- / • r ..... _ .... ~~;~~c$ ,t.-5~..:~.,t--•i~•~·· t;.;.. "/ 1 .. ~,1•--,,.ia. t: ;,,,~,. • ·1 · t.., -·-... - _~1 ~
' ,,.,' • ', ·,w • .·•.;-··•,••·~,t••-1!-•~-~•,'!;&""j•·-,,,--l-¾-;:,"·· "" -- • .,, ••••x•,•· ,.~--~~':\i,la'.";;iif,"'•~'lc'-··~•~·,'•1··•;v~···~-"',->',;,.;~•""·•~, .,, °"ji';'l3'7j~~~~--•~~;~·~• ~-• •••• ,., •• - -•~=··~·"'l ?·t·~- •• • ••••. PA~~S.A~Q · R~£R.~~Tl9~t~~~JftT!f~..:;i~j:c:•/:~;;:: F\:: -:·~ FY ?q~~ t~---, .;,\•,···:.1,),¥!',~;;_.f~~Q! ~ ... ~Pt>~~,,;,<\,~>-··•,.:: .. :·.~!:Y-~020 i h ·.~; .. ~:< ·}~t~~ ! r'!f ... ~ .,~ti~,~(ff.'4;-: ... ;~J ~,;,,,;;•~ .. fr 2022 .. 2~t, ··•.:.;,::
REVENUE
Fees Collected 40,546 8,630 93,386 67,573 58,922
Interest Earnings 1,039 1,798 2,574 2,478 2,003
Net Increase (Decrease)
In Investment Fair Value 1,303 2,454 (144) (7,832) (3,098) Miscellaneous - - - - -
TOTAL REVENUE 42,888 12,882 95,816 62,219 57,827
EXPENDITURES
General Government - - - - -
Capital Projects - - 35,272 88,564 5,966
TOTAL EXPENDITURES - - 35,272 88,564 5,966
OTHER FINANCING SOURCES (USES)
lnterfund Loans - - -
External Loans - - -
TOTAL OTHER FINANCING SOURCES (USES) - - - - -
Total Change in Fund Balances 42,888 12,882 60,544 (26,346) 51,861 Fund Balances at Beginning of Year 34,322 77,210 90,092 150,636 124,290 Fund Balances as of June 30 77,210 90,092 150,636 124,290 176,152 ~
~~··'""f =-- "''~ •h:"'-", , • <, • .,_<& ,c:.~.,--::-~••>-., ... ,1-·•w><•"'-•~ a•'"' ~~>"Y--,1•~ ~- ;., > • --•A'-'>.<~•~· .. .:-~:;-_,~.,; f'i#;',.•~~'.'.~2~."""!: _\f;\1¢ ~ .. ,.~,, ~m't)ti; ·"~~';(·~,.-?Yi~ !if ~;~.1~~~~:t-_<ftf \t:,-,.;:~:'::'\~'f,,~~~tS;i' i~: ;~~ \>;'.:;.)¥~f·.7'£:;;,~~;._Jt, .. ': <·.¥.•fi(:. i.·ii.'-'.,,,?'~'%"4 I F:.,:IVE:.:-:VcEAR REVENUEffESTS,USING:~IRST~IN·FIRSl;-OUT, MET:HOD~·•,.~•-.:-.. :is~~•i."' J~ ··lAa;" -::.r.,¾· 'il! ;,·.,,~IT -~-?t",••)}"r ,:•c.t:;;:~ -.. ~, ~»'?J···t•~"'":'.;?>'1"l,"• .. ti\tfY· ~L"'~si"'-t·"'"',-f--ff,,,-,.. •c"-t•::·-' ,,, '•.;: -.5,.f,:~.-~•'.:,:o:i .. ~ .... ., ,·-::.,.f •• ,1~, ;,,,:ic<t.-,!if'-t<-~I -..., r,.~,. ... t,.-ti--"'~.•,.,/ .. "'+"'_",,....e,-1.Ji...\Jf.~,.,."•'-" ~Yc",.w;:.-,.-~.j,.J,.,.+-t'-•~•""" ,,,_,.,..•>:!\''!, "· .-..i,•\.,<.J.-:1;-,,.'-i,?.&.,,,n~ _.,:,:;,;.,,.,.<S. ,-l:-•r. 1 .!, :..,;. ,'r!'.<f;t.;,-:.. •·• - 1•,{,.t,1-.~ ~,l~ ~ !,:.;:.:-"""F~j~;,,,.- •• '• •· ,t •·~,r "1 _ ,, __ ,A,.,. r,~ ,·i, ~-~':.,•",)''.;',1. ~),•_,,. ;•;.,..i::;;.?<_.,.•,.·:,-, ;_,;!,<\.~ ~-. ... 1 Available Revenue Current Year 42,888 12,882 95,816 62,219 57,827 Available Revenue Prior Fiscal Year (2-yr Old Funds) 34,322 42,888 12,882 62,071 62,219 Available Revenue Prior Fiscal Year (3-yr Old Funds) - 34,322 41,938 - 56,106 Available Revenue Prior Fiscal Year (4-yr Old Funds) - - - - - Available Revenue Prior Fiscal Year (5-yr Old Funds) - - - - - Available Revenue Greater than Five Fiscal Years - - - - - Total Revenue Available 77,210 90,092 150,636 124,290 176,152 11 11-15
Annual and Five-Year DIF Report December 21, 2023
FIRE PROTECTION FACILITIES - FIVE-YEAR REPORT
_,,.:.. . F·1·R· E P.R ... O. TE. c·TION'FA''c1'L.·1T1·Es' t;.';c':•,\ .. ::..,. ,· •. , • _.,,· ••• "·'" z' -·",:,i,.,;~-~-"'.lt."*''A'!'iJl:l:)i ~--~.--· .,,,., • .,;<' .. • 1 "· .'·'.' ~-~- ~,-·.e1'". :.·:>,<:~.~-· ,.,;·.<:.:;;"·"'a,<.-~.,,,-, ,·",.~ __ ,< ·,, - ..... ' ... c-- , ~ .•iJ ~.Y• 7' ,- ' .- - .... ~\ ,,_,, -,. '- ' .r.~"'w·,.,,... ... -;,r,.i!'":--~~~ f"':'~~9-~~ } .. ..., ,? - ,·~tr'>+ ',-,~! ~"" ~ ,~.;,• ··~--. ,:,n.·-;-~----.,.~~~r .. $~'~;,..~ .....,....,..,.,..;a----,,..,.-,..-.-1· -•..- ""J .r~ - ";."~~T Jf"-~~-"?""I"'~' ,.,. ' -~"'":li]R0"'"f"',- . , ... ~~~...- -=.i~ ,-,••-,;-;--.'', - ,~--,,,.....,·1r"-· ~- ""'":";- .. ,. " - - .-i'",'."t·-~~1""-~ '1"19'/!~ r5:':.' .. ' . - ,.-.. ·" -~- ,·.J "'"',.l_,.,. ~ ,,~1r.~~.,~., ...... ,.,.X 't~-: ',··.·;_.•1i,,;\cf:' 1 ~Y-JQJ~ ¼2,·",.~°[~'.J1;h,i~.\;ff~~Xr?-"Q.l9,}P,it .. :,,• ,1.--,•_,:-_.,...f,l ?,P3_()_ ~t --~f.'.~~t,f4 i~¾ ~Y~(?.?t ),~~>s'''-':<~ ·!'_~- ,·c' E)'.'.·~0~r~t -···~-,-·:···.':~
REVENUE
Fees Collected 196,112 144,647 237,725 178,596 121,618
Interest Earnings 12,678 22,044 21,616 23,410 14,699
Net Increase (Decrease)
In Investment Fair Value 24,588 30,656 (14,476) (60,176) {14,247) Miscellaneous - - - - -
TOTAL REVENUE 233,378 197,346 244,865 141,830 122,069
EXPENDITURES
General Government - - - - -
Capital Projects 79,883 - - - 589,042
TOTAL EXPENDITURES 79,883 - - - 589,042
OTHER FINANCING SOURCES (USES)
lnterfund Loans - - - - -
External Loans - - - - -
TOTAL OTHER FINANCING SOURCES (USES} - - - - -
Total Change in Fund Balances 153,495 197,346 244,865 141,830 (466,973) Fund Balances at Beginning of Year 777,294 930,789 1,128,135 1,373,000 1,514,830 Fund Balances as of June 30 930,789 1,128,135 1,373,000 1,514,830 1,047,857 i·~ ~a ........ •••• ~o:: ~--1-•·"'~',....~~ .. -.,.,, ~ •--.. ,.--11~•---...•,.,.:;,..i;t;,;+!.Y-""'"'~.:w.1"'.J.-~c:.,:i_ e~. 1 -,.Jr.:;.;.g:,,.,.-..« .... ·-~- ..... ~~r ... ~ ..... ,.,.,."' ... ~~~><~~~M,·~ •,;O'.\,t_..•'-""'j,~•~·t?-4,.~~ .. ~ "'i~~~·,x-:1•___.;-;~1."'~.,. ·•·';,..-,..;f • ·.., .::~J'!'.'~\1-..:~~-, !~--·~ .,.,.-._ .... , .... ....., - .. ~*\1r~·• ... ---~ .... { .. ~~,~ ;~::1·•J,'\·•"rr ... ••i,-: ·., ~~ ... ~:-:·1;~ 0~ .. ,.,.-.;,~~t"' ~nr•~.zrn ,,, ...... 1 FIVE~YEAR-REVENUE TESTS•.USING,FIRST:IN 'FIRST-O_UJ;'METHOD ~,1.~1'-~i:,1-.~~,t::;,:r,~~~~:,,"-:;i,;;.~-_.-0;~%4·· .• ~-::. "--~~~-.~+~· ,_<'\1,~1,J,i. ~"' , ,'.\~l: ;,~~r~~-:,._,;,:_..; ~ ':',:: . ,~:_:r;:~:;;,:::,);-~if.~tif,;~j.;:A'f: -~A.;;:¥,iz';,.f_.,.~'~f:;t:"},.-,:~~-::'?~ /-'.~::.; ~~,..'ti::,,.,,..•~ .-••~•,,.,~,i,;;'11'-',~:.t,,i:~,_..;:~v-;_,;>' .-.• W,,r.1."C'~,..,....,.,,,..., •• ~,,.,.,..J!!_~'!l.;,eAv;.•,• )~- • .:~~,\,..,-;tf;,,.'J"-S;,\').<.'h:r"u,<'1.~.•lif'~-f,.:,-A,1/f' ~-•~v• '"''"-•'""-" ~....-t.~f'l':f'.~•"N ~~):.~,.,,.. • .. °h-1:J r,",,;~i,.';/,;."..:. T,.-,""r~~ ,:.;.•.,. • , i.'3,-c;.~ {,i, 1 -~',;••.,:i~~,l' .... ..._'i'\".,)1'!, ~A•.,_\,.-.:•¼~ ,-.~,r-~,,1~.r.~~~ .. $.)~~•';"•i_.:, ~~•, ,"' ~ Available Revenue Current Year 233,378 197,346 244,865 141,830 122,069 Available Revenue Prior Fiscal Year (2-yr Old Funds) 15,928 54,832 197,346 244,865 141,830 Available Revenue Prior Fiscal Year (3-yr Old Funds) 45,396 15,928 54,832 197,346 244,865 Available Revenue Prior Fiscal Year (4-yr Old Funds) 49,373 45,396 15,928 54,832 197,346 Available Revenue Prior Fiscal Year (5-yr Old Funds) 48,675 49,373 45,396 15,928 54,832 Available Revenue Greater than Five Fiscal Years 538,040 765,261 814,634 860,029 286,914 Total Revenue Available 930,789 1,128,135 1,373,000 1,514,830 1,047,857 12 11-16
Annual and Five-Year DIF Report December 21, 2023
GENERAL GOVERNMENT FACILITIES - FIVE-YEAR REPORT
~,-,.; ,. :,·7 ~-: v--: ,J,""'ll¥•~..,.~~"?""~ '1i1J~f'r~ n",f~-.'iwF-~-.. - '>~'ll;·.· '.fl-.-:,:- u ~ -; •• :_· .:~• - ,r"'' ~ ~·1 -d'".:.---~~"•7~ifil~"1,~"!'7!~4~l •~~1tf-_:!;F"~::.-t .,.' ,i /\. -~ .... - ·i-"' ~~ 1•~·,. ;r~'r'-.--~~..,. ... ~. ~-.r.~ :tn.~~~~1f.k\~]'"''.r~,'7'"-"~~~--:::;.•-. -~,._,,..,r.,,. - i ;r_;~.r:--::r -~n,""1_...._.-~-~;.«:",__-;i""lW-~~;''"'JJ'..,i~~ ~?. ·: .. ·--:; q~!'l~ft.~.g~~P.-'t~-~t,~JY!J.l~!JU·f~9LI_TIES ,; ·. ·;~:-:,: t,~:(f~}~f Xii .~i111i~;,>;~~J!i:f'\~~-:-.,F'f: 29i~t~.Q;__ ~-- C •• :~~::. :r~,f.Y.::.~R~-~(~Jtf¥.i~r-' ffj):,r fYc1Q.21(~2 • .. ;: ";;_ __ ; 1 /;_~'.~·f:;1,;_F.Y,.~~~ i ~ t~~-t·,.
REVENUE
Fees Collected 219,560 197,285 314,280 236,625 163,206
Interest Earnings 6,334 13,500 15,439 21,441 17,426
Net Increase (Decrease)
In Investment Fair Value 8,715 20,107 {6,292) {66,712) {18,244) Miscellaneous - - - - -
TOTAL REVENUE 234,609 230,891 323,427 191,354 162,389
EXPENDITURES
General Government - - - - -
Capital Projects - - - - -
TOTAL EXPENDITURES - - - - -
OTHER FINANCING SOURCES {USES)
lnterfund Loans - - - - -
External Loans - - - - -
TOTAL OTHER FINANCING SOURCES (USES) - - - - -
Total Change in Fund Balances 234,609 230,891 323,427 191,354 162,389 Fund Balances at Beginning of Year 246,907 481,516 712,407 1,035,834 1,227,188 Fund Balances as of June 30 481,516 712,407 1,035,834 1,227,188 1,389,577 ii
i,;,,ik
1 v,~->·~~-..itii-~-+..,,;,.' -!t; ~'-':.~~.,-,.~-- ~ ... ,,~n.h· , ... :~-;. ''<i..io.:!...~«-j";._= -..-1"'"'-~ -.. ~oe:, tu...,;~. ~ -.l..i...il~~~,:;.«..!~~~c~~}Af4~t~~'.r,--· ,~• ~-'~i':·~~~~~'7'.~,- .. ,,... ,,..,,-..J.,,_,..t.lB~~,, ~· •• .:~,-,:i~,-~~"11'f~J;"'~- i~~:'i\4,..j-... .. 'r,x¥~.··~ C'~,~ .. ,~ .. ~ t,!·V·c~·- •>J.-."-~---,.7--s, "'11!r-. ~ ·.,.1-_,- ,...::'>' -tµ" ~~;.~,:,:.~ .... ,.t-,~. (to..<;.;.,.,..•,-~ ,.,. t ~IVE-YEARiREVENUE TESTS USING1FIRST-IN,FIRST~OUT1METHOD ~~?<'.;; ~' ,~:-~•';.,f•J .::·: .: ",·< /,,L, .:~ ~ i-1-.;;-.1~ ·!i-i,\,,_; .~.-• .-~ ~'.,;!},,l,_,,-;::·- -~,4. ~iZi'':.~··· ~~.:,~;:,: • ;~c;:•.~.;-.;c;-,,,_:~-:-~,~~f ~-:,~·:;,_,:-~,~:~::: .... ;-;-,;"~~,'-il!\i' '.r.~.;.>i/,1.-~·-• ._,i;'.t ,,'' • 1 ,.1,,,, .... ~ , ... ~ ·."il°•!i.--:W.• -!• ~ ~· "..:.. ~r.1, .. 1 .. _,,..,~ , •• ., , z, .• ~. ~·,.." (, , , __ ., ' """'~. ~ ,,.;x.::.. a •-~ 1·a-~~':.1~ .. .r-'"":.,-..~ ........ ~ ... ;~r~:~ -!.?,< • .._ -.: .-, /: • ·"' • .r '.,~.,,_,.; J.?1~ ~ ·•·~ ," .. • .. • - " I,:,':J.,. "':', ·~· ''""..' • •~t.,. ·•'""/. ~~~Yi-;.~( •. ':t<c·~• ~ , 1 -:. 1·• ... ; -i.• ... ,...,~i'\..t • -,. x ,. • • • ... _ • ~~ ... :•"' -t:~ -~ .... , ~:;f~ ,,, .• i'.1,;:; .. , ·.! . , "t :~'ct:-'ll'.;. ~7. .,.t,..~ .- :,•;, 1 , Available Revenue Current Year 234,609 230,891 323,427 191,354 162,389 Available Revenue Prior Fiscal Year (2-yr Old Funds) 97,951 234,609 230,891 323,427 191,354 Available Revenue Prior Fiscal Year {3-yr Old Funds) 87,366 97,951 234,609 230,891 323,427 Available Revenue Prior Fiscal Year (4-yr Old Funds) 37,935 87,366 97,951 234,609 230,891 Available Revenue Prior Fiscal Year (5-yr Old Funds) 23,655 37,935 87,366 97,951 234,609 Available Revenue Greater than Five Fiscal Years - 23,655 61,590 148,956 246,907 Total Revenue Available 481,516 712,407 1,035,834 1,227,188 1,389,577 13 11-17
Annual and Five-Year DIF Report December 21, 2023
LIBRARY FACILITIES - FIVE-YEAR REPORT
~
-~~;~i~':;7i,~·-i~"?' ~,,'!Yf'~ ~"~<~"'"➔;,f-~·" ~ '*-' ; v:~i: .. :·.;~-:--~-:-;:); :¥·t?trt'f"!'j'.:':J.~~~~f: ~~ .. :et.)i;t"")~~'":-ti~"J.r 1 ~- ~ 1·r: :, Ta 7•j-";~·~ r~"'-$:~)'r,,?•-1·~.~~~~t'J:'ttr~~~~ :~~~~2~:;;:-!i ~--~-.~ .. ----jr,~~;',,~~1::•r~~ ~ ~~ ~;•1 _;•_c )•'?£·/ e,}~,t~.".i LiHH!~ ~Y,tf~~J~ITl_~S«J·: . .-:_·<;,:\:','.l·''•/;;'i:'¥,·>¼f·,i.~~,t~X~l 9J.a(i,~-~~!tf~ ·1 ·.' ,,, ~ .• FY ~0191~9~.,,· 2- ·:.:,• -_1.J:,:-.i~&Y~ ~~/.,~J W~i4.IJ'"'~[;s· ~-;,--,·-: F¥-~~2.~/l ?.:l~-"{Y''{'1 ~~u ,Ji:~<l~li~J~::\Jt~· ~·:
REVENUE
Fees Collected - 5,725 62,038 44,951 39,202
Interest Earnings 1,990 2,934 1,804 2,049 1,740
Net Increase (Decrease)
In Investment Fair Value 3,804 3,891 (3,408} (6,510) (1,465} Miscellaneous - - - - -
TOTAL REVENUE 5,793 12,550 60,434 40,490 39,478
EXPENDITURES
General Government - - - - -
Capital Projects - - 123,411 - 24,114
TOTAL EXPENDITURES - - 123,411 - 24,114
OTHER FINANCING SOURCES (USES)
lnterfund Loans - - - - -
External Loans - - - - -
TOTAL OTHER FINANCING SOURCES (USES) - - - - -
Total Change in Fund Balances 5,793 12,550 (62,977) 40,490 15,364 Fund Balances at Beginning of Year 128,000 133,793 146,343 83,366 123,856 Fund Balances as of June 30 133,793 146,343 83,366 123,856 139,220 ~
,.__, __ ,_.,,=..,,_.,,,., .. =- ..• .:.. ~=, ~-,,_,., _,.,.~,"-'"''."'.f"'-"" .-• .,,..._,,.,.,....,~ .... ,,..,_.""""?...,,~~ ·~""·'•'!-~~-"~~~.,--., ···,. ·' ""'· -•,·~ r' ·;d>'iW'.fif•'·,~-\W.•~"i:~" ~•rF~~~--,i ~--..-J!· -' ·- •. .-. '•-~ .~<-'d -'. .. r.'f."'.-.",..~0,~~-~--· '"''--1· -~-' •;;;·>!!!<f~-~~1 FIVE~YEAR,REVENtlE ffESTS USING tFIRST.~INiF,IRST~OUTr.1 METHOD •.~,., -"'~ t,~ ~;-~~: $(i;c···,f..:.1¾t~,f;l:;·",1.,~-- ~1!, b··c· ;,~f:{i~ ,:;; ',,·'.l:'ki,"~:( .,.,,f,,/;;,,,f ,-- ~::t""·::-·:'.~-' ~ .. · -~,;- ,\.(!J,f.~, -~ ~1fi ,;f.:i:t,,.:.'&-,i,e~:,•;-... ·1~ :.'1~.:'-avAa..._•;:,.,,..,:t• J;•:-'\"lc•"•l'--t-jJ~ ,,...,-_.•~';. h.~.>':'l'• ~ ~;c·~~~~---.oc!\...,l ~~~-.,~,~~'IL.>-~.1!.••r~.,_-..t'.-,:r-,.1:<~-;,:.•~~.:..fi ~'Q~!~J;_,J .. ,.,~ ?:t.., .·.-. _l • ._~~'l'T~e ..... ~ •• ~ ;t,)~~,.._S:("~>;.,}~ ~ ,"ii' "i;f1-i!"'-,. ;.:., ,'!,r•--•'''V""?, ., ,,,. ~ t~ ,~"- ~~~,;'- ," i,;,ir.; ,•.'F .• ~ ~ .._.~f#\i ~., -,.,., Available Revenue Current Year 5,793 12,550 60,434 40,490 39,478 Available Revenue Prior Fiscal Year (2-yr Old Funds) (788} 5,793 12,550 60,434 40,490 Available Revenue Prior Fiscal Year (3-yr Old Funds) 1,966 (788} 5,793 12,550 59,252 Available Revenue Prior Fiscal Year (4-yr Old Funds) 1,651 1,966 (788) 5,793 - Available Revenue Prior Fiscal Year (5-yr Old Funds) 4,882 1,651 1,966 (788) - Available Revenue Greater than Five Fiscal Years 120,289 125,171 3,411 5,377 - Total Revenue Available 133,793 146,343 83,366 123,856 139,220 14 11-18
ATTACHMENT 2
LETTER FROM DVBA
(SEE ATTACHED)
11-19
2023 BOARD OF DIRECTORS
PRESIDENT
Todd Hooks
Agua Caliente Band of
Cahnilla Indians
Immediate Past President
Deborah McGarrey
Southe rn California Gas Company
! st VICE PRESIDENT
Tom Dubose
Dubose Design Group, Inc.
SECRETARYllREASURER
Pedro Rincon
Osborne Rincon CP As
VICE PRESIDENT
OF ASSOCIATES
Allan Levin
Allan Levin & Associates
CHIEF EXECUTIVE OFFICER
Gretchen Gutierrez
DIRECTORS
Fred BelV 2023 PAC Clwirma11
Nobel! Ene rgy Solutions
Brian Benedetti
Brian Benedetti Construction
Mark Benedetti
Dede Callanan
CalBes t Title
Mario Gonzales
GHA Compan ies
Joe Hayes
First Bank
Jeremy Roos
Free Volt
Dave Lippert
Lippert Construction, Inc
Paul Mahoney
PMA Advertising
Bruce Maize
Orr Builders
A
desert valleys builders association
December 12, 2023
City of Rancho Mirage
Isaiah Hagerman, City Manager
c/o Jacob De La Cruz, Financial Analyst
69-85 Highway 111
Rancho Mirage, CA 92270
Dear Mr. Hagerman and De La Cruz,
The Desert Valleys Builders Association appreciates the opportunity to review the City of Rancho Mirage's Development Impact Fee Annual and Five-Year Report, for fiscal year 2022/2023. During our review of this document, we noticed several failures in meeting the Five-Year Test. As these funds are subject to possible refund , please explain how these funds are encumbered and the timeframe for these projects to commence . • Transportation Facilities
• Infrastructure Undergrounding
• Fire Protection Facilities
o Issue with Year Five Funds reported don't match revenues • General Government Facilities
Please provide the necessary information so that refunds may be avoided.
Russ Martin
Mission Springs W ater
District
/---~--
Dan Olivier
Nethery Mue ller Olivier
Alan Pace
Petra GeoSciences
Kevin Pillow
AC Houston Lumber
John Powell, Jr.
Coachella Valley Waler District
Mike Rowe
MSA Consul ting
Phil Smith
Sunrise Company
Alissa Vatter
Fidelity Nationa l Title
JeffWatlen barger
Wattenbarger Construc tion
~1
tier:rez
tive Officer
34360 Gateway Drive • Palm Desert • CA 92211
(7 60) 77 6-700 l office 5 (7 60) 77 6-7002 fax
www.TheDVBA.org