TITLE
Recommendation to receive and file the Park Impact Fee Report for Fiscal Year 2006. (Citywide)
DISCUSSION
The Fiscal Year 2006 (FY 06) Park Impact Fee Annual Report was prepared in accordance with Municipal Code Section 18.18.160, and California Government Code Section 66006, to update the City Council on the status of the Park Impact Fee Fund.
This report covers the fiscal year ending September 30, 2006.
In February 1989, the Long Beach City Council established the Park Impact Fee for parkland acquisition and improvements. The Park Impact Fee was originally imposed on all new residential development to mitigate the impact of increased population from those new developments on parks and park facilities. The fees were based on a citywide recreation standard, the projected growth in population, and the estimated cost to provide the new and expanded recreational facilities needed to serve the increased population at the citywide standard.1
1 A service level standard of 1.35 acres of park space per 1,000 persons was adopted in 1989. This ratio was one-half the citywide average service level of 2.7 acres per 1,000 persons that was estimated to exist at the time. The standard for the Park Impact Fee was set at half the cost of providing the then existing service level because it was believed the same level of service could be achieved more efficiently by utilizing school land for public recreation and by providing recreational equipment to allow more intense park use.
Based on the projected housing growth from 1989 to 2000, the Park Impact Fee program was projected to generate $46,866,000 during this period of time. Through September 30, 2006, only $12,362,150 in fees, interest, and "in lieu" contributions have been received. The difference between the actual receipts and the projected receipts is the result of residential construction being significantly lower than the projected rate.
The fees have purchased 15.23 acres of new or expanded parks, built 5,22...
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