TITLE
Recommendation to adopt resolution approving the Annual and Five-Year Reports for the Transportation Improvement Fee, Parks and Recreation Facilities Fee, the Fire Facilities Impact Fee, and the Police Facilities Impact Fee. (Citywide)
DISCUSSION
New development affects the level of services provided through the City’s facilities, infrastructure, land, and equipment. To accommodate the needs of the new residents and businesses, the City imposes impact fees to expand these resources as follows:
· Transportation Improvement Fee
· Parks and Recreation Facilities Fee
· Fire Facilities Impact Fee
· Police Facilities Impact Fee
The purpose of the Annual and Five-Year Reports is to provide information to the City Council and the public, and to fulfill State Government Code and Municipal Code mandated reporting and disclosure requirements. Since 2011, the required reporting has been consolidated into a single City Council action with the attached Resolution containing the four departments’ reports as Exhibits.
Annual Reports
The California Government Code requires that local agencies that impose fees in connection with the approval of development projects make certain information available to the public on an annual basis. The Long Beach Municipal Code (LBMC) adds other elements to these requirements. Essentially, the reports provide what the fees are, the fund balance of each fund and how the money was spent in the prior fiscal year.
Five-Year Reports
Section 66001 of the Government Code mandates additional disclosure with respect to any fees collected and remaining unexpended in the fifth year after collection. In order to ensure that the City Council is fully informed of the status of unexpended funds, five-year reports will be submitted annually.
This matter was reviewed by Deputy City Attorney Gary Anderson on February 25, 2014 and by Director of Financial Management John Gross on February 26, 2014.
TIMING CONSIDERATIONS
City Council a...
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