Cities Index.
Attachment B: AB 1600 Development Impact Fee Report Presentation

Finance Committee
November 28, 2023

Document
Attachment B: AB 1600 Development Impact Fee Report Presentation
Meeting
November 28, 2023
Body
Finance Committee
Original file
451 KB
Text extracted from the city's file for reading and search. Open the original on legistar1.granicus.com. That file is the official record.

AB 1600development fee impact Report
Fiscal Year ending June 30, 2023
City of San Leandro

AB 1600
Cities and counties often charge fees on new development to fund (or defray cost of) public improvements, public amenities, and public services. These fees are commonly known as development impact fees (Developer Fees).

AB 1600 set forth certain requirements and determinations regarding the purpose and use of any fees local agencies must follow if they collect such development impact fees.

Fee revenue must be segregated from General Fund
Establish and maintain records of projects funded by these fees Collected fees must be spent or committed within 5 years or make a finding to show continuing need Present (publish) a Development Impact Fee Report annually Assembly Bill 1600 Section 66000 in the California Government Code 2 Fund 120
Development Fees for Street Improvements (DFSI) are deposited into the Street/Traffic Improvement Special Revenue Fund. This separate fund is used to account for development fee assessments levied to provide street and traffic improvement costs attributable to residential and commercial growth. Fees may be used for improvements to right-of-way, pavement, traffic signals, curbs, gutters, and sidewalks.

Development Fees for Street/Traffic Improvements (DFSI) 3 Beginning Balance
Revenue
Expenditures
Ending Balance
$1,609,145
$273,752
$130,133
$1,752,765
Fiscal year ending June 30, 2023

Development Fees for Street/Traffic Improvements (DFSI) Fund 120
4 Fund 122
Park Facilities Development Impact Fees pay public park and recreation facility acquisition and development. Funds are directed toward the study, design, acquisition and construction of park and recreation facilities. Fees are deposited in the Park Development Fee Special Revenue Fund.

Park Development Fee Fund
5 Beginning Balance
Revenue
Expenditures
Ending Balance
$2,139,408
$3,618,284
$17,950
$5,636,995
Fiscal year ending June 30, 2023

Park development fee fund financials
Fund 122
6 Questions?
Thank you
7

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