Agenda Item: 6
CITY OF SANTA CLARITA
AGENDA REPORT
CONSENT CALENDAR
CITY MANAGER APPROVAL:
DATE: January 9, 2024
SUBJECT: ANNUAL IMPACT FEE REPORT
DEPARTMENT: Administrative Services
PRESENTER: Brittany Houston
RECOMMENDED ACTION
City Council adopt a resolution accepting and adopting the Annual Impact Fee Report.
BACKGROUND
The Mitigation Fee Act, as outlined in California Government Code Sections 66000 et seq., establishes certain legal and procedural parameters for the charging of development impact fees.
These fees are charged to new development projects and are required to be used only for those purposes for which the fees were collected.
The Mitigation Fee Act imposes certain accounting and reporting requirements for the fees collected. The fees must be deposited in a special account or fund to avoid commingling the fees with other funds and must earn interest. Fees are collected pursuant to various City resolutions, ordinances, conditions of approval, or other specific agreements.
The Mitigation Fee Act requires local agencies to prepare an annual report and a five-year report that provide specific information about those fees. The City has elected to report on both requirements annually. The annual and five-year report information as of June 30, 2023, is contained within the report.
ALTERNATIVE ACTION
Other actions as determined by the City Council.
FISCAL IMPACT
There is no fiscal impact.
ATTACHMENTS
Resolution