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EPWM CP JH nexus97 wpd SEP 1 6 1997
Council Meeting September 16,1997 Santa MOnica, California
To Mayor and City CounCil
From City Staff
Subject Recommendation to Review and Accept the Water and Wastewater
Capital FacIlity Fee Report
Introduction
ThiS report recommends that the City CounCil review and accept the attached Water
and Wastewater Capital FacIlity Fee Report
Backaround
In January of 1989, Government Code Section 66000 - 66006 was adopted specifically
lImitIng the use of water and wastewater capItal faCilIty fees collected from developers
for Increases on demand of the water and/or wastewater system To compy with
Government Code Section 66006, a report must be made available to the public
detailing the use of the fees collected dunng the fiscal year The report must be made
available to the public fifteen days (15) pnor to a CounCil meeting and detail the
beginning and ending balance of the water and wastewater capital fee deferred
revenue accounts, the amount of fees collected for the year, Interest earned, and any
refunds (due to cancellation of project) or expenditures As of August 25, 1997, the
report has been available to the public for review In the Utilities Office located on 1212
5th Street, ThIrd Floor A public notice was published in the Outlook on August 23 and
25, 1997, stating the avallablltlY of the report In the Utilities Office and of the review of
68 ' ,
SEP-' 6 1997
the report by the City Council on this date
Funds collected from these fees are deposited Into separate deferred revenue accounts
until used for a specific system expansion project At the end of each fiscal year, staff
prepares a report detailing the costs of completed water and wastewater system
expansion projects and requesting a reimbursement of funds from the deferred revenue
account to the appropnate regular revenue account
BudgeVFlnanclallmoact
ThiS staff report has no budget or finanCial Impact because It IS merely meeting a
mandated reportmg requirement
RecommendatIon
Staff recommends that the City Council accept the attached Water and Wastewater
Capital FacIlity Fee report
Attachment Water and Wastewater Capital FacIlity Fee Reports
Prepared by Craig PerkinS, Director of EPWM
Jean Higbee, Senior Administrative Analyst
CITY OF SANTA MONICA
WATER CAPITAL FACILITY FEE REPORT
FOR FY 1996-97*
Beginning Balance 7/1/96 $ -0-
Amount Collected from Water Capital FacIlity Fee $ 313,901
Refunds for Cancelled Projects $ (5,545)
NSF Checks $ (1,175)
I nterest Earned $ 0
Amount Representing Completed Water
System Expansion Projects $ (307 ,181 )
Ending Balance 6/30/97 $ -0-
*Represents transactions In Account Nos 25-500-671-00000-0249-10000 and 25-000-
000-00000-9870-04680
CITY OF SANTA MONICA
WASTEWATER CAPITAL FACILITY FEE REPORT
FOR FY 1996-97*
Beglnmng Balance 7/1/96 $4,084,943
Amount Collected from Wastewater Capital FacIlity Fee $ 293,710
Refunds for Cancelled Projects $ (28,769)
NSF Checks $ (4,460)
Interest Earned $ 234,811
Amount transferred to Wastewater Connection Fee
Revenue LIne Item 31-500-661-00000-0166-10000
for Reimbursement of Completed Wastewater System
ExpansIon Projects $ (379,681)
Ending Balance 6/30/97 $4,200,554
*Represents transactions In Account Nos 31-000-000-00000-9870-04680 and 31-500-
661-00000-0166-10000