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AB 1600
development fee impact Report
Fiscal Year ending June 30, 2024
City of San Leandro
2 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 AB 1600
Assembly Bill 1600 Section 66000 in the California Government Code
3 Beginning Balance
Revenue
Expenditures
Ending Balance
$1,752,765
$112,754
$359,475
$1,506,044
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) Fiscal year ending June 30, 2024
4 Beginning Balance
Revenue
Expenditures
Ending Balance
$5,636,995
$327,586
$25,065
$5,939,516
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
Fiscal year ending June 30, 2024
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