Long Beach, CA
File #: 21-0220    Version: 1 Name: FM - Annual and Five-Year Impact Fees Reports
Type: Resolution Status: Adopted
File created: 2/24/2021 In control: City Council
On agenda: 3/16/2021 Final action: 3/16/2021
Title: Recommendation to adopt resolution approving the Annual and Five-Year Reports for the Transportation Improvement Fee, Parks and Recreation Facilities Fee, Fire Facilities Impact Fee, and Police Facilities Impact Fee. (Citywide)
Sponsors: Financial Management
Attachments: 1. 031621-C-6sr&att.pdf, 2. RES-21-0018.pdf
TITLE
Recommendation to adopt resolution approving the Annual and Five-Year Reports for the Transportation Improvement Fee, Parks and Recreation Facilities Fee, Fire Facilities Impact Fee, and 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 Annual and Five-Year Reports provide information to the City Council and the public and fulfills State Government Code and Long Beach Municipal Code (LBMC) mandated reporting and disclosure requirements. The attached Resolution contains the reports on each impact fee as Exhibits.

This report reflects the City’s Fiscal Year 2020 (FY 20) actual performance and fund balance information based on preliminary close information.

Annual Reports

The California Government Code requires that local agencies that impose fees in connection with the approval of development projects make information available to the public on an annual basis. The 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

Government Code Section 66001 mandates additional disclosure requirements with respect to any fees collected and remaining unexpended in the fifth year after collection. To ensure the City Council is fully informed of the status of unexpended funds, five-year reports are submitted annually.

This matter was reviewed by Deputy City Attorney Sarah E. Green on February 11, 2021 and by Revenue Management Officer Geraldine Alejo on February 9, 2021.

TIMING CONSIDERATIONS
City Council action is reques...

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