HomeMy WebLinkAboutStaff Report 8656
City of Palo Alto (ID # 8656)
City Council Staff Report
Report Type: Informational Report Meeting Date: 12/4/2017
City of Palo Alto Page 1
Summary Title: Annual Impact Fee Status Report
Title: Annual Report on Development Impact Fees - Early Publication of
Report for Public Review
From: City Manager
Lead Department: Administrative Services
Executive Summary
The Annual Status Report on Developers’ Fees provides specific information about
development impact fees imposed by the City. The schedule prepared in accordance with
Government Code Section 66006 (AB1600) must be made available to the public at least 15
days before the Council meeting at which it is considered and within 180 days of the close of
the fiscal year. Since the report is scheduled on the City Council Agenda of January 22, 2018, it
is being included in this early packet to allow time for public review. Additional information will
be available in the January 22, 2018 report.
Attachments:
ď‚· Attachment A : FY17 Development Impact Fees
Attachment A
City of Palo Alto
Annual Report on Development Impact Fees
for Period Ending June 30, 2017
Stanford Research Park/San Antonio/West
FUND El Camino Fund Bayshore Fund
Purpose and Authority Traffic impact fees imposed on new Traffic impact fees imposed on new
for Collection nonresidential development in the nonresidential development in the
Stanford Research Park/El Camino San Antonio/West Bayshore Areas
Real CS zone to fund improvements to fund capacity improvements at
at eight identified intersections.four identified intersections.
PAMC Ch. 16.45 PAMC Ch. 16.46
Amount of the Fee $12.36 per square foot $2.55 per square foot
Fund Balance July 1, 2016 $3,279,523 $891,219
Activity in 2016-17
Revenues
Fees Collected 0 0
Interest Earnings 61,946 16,836
Unrealized Gain/Loss Investments (67,612)(17,846)
--------------------------------------------------------------------------------------------------------------------
Total Revenues ($5,666)($1,010)
--------------------------------------------------------------------------------------------------------------------
Total Expenditures 0 0
--------------------------------------------------------------------------------------------------------------------
Ending Balance June 30, 2017 $3,273,857 $890,209 --------------------------------------------------------------------------------------------------------------------
Net Funds Available $3,273,857 $890,209
Unexpended balance at next finding
date (FY 2017-18)$2,331,269 $820,629
USE OF FEES:USE OF FEES:
No expenditures have been made from
this fund in Fiscal Year 2017.
Funds will support intersection
improvements at Page Mill Road/Hanover
and Page Mill Road/Hansen concurrent
with construction of the project at 1050
Page Mill Road under a cooperative
agreement currently being negotiated with
the developer and the County.
No expenditures have been made from this
fund in Fiscal Year 2017.
Page 1 of 11
Attachment A
City of Palo Alto
Annual Report on Development Impact Fees
for Period Ending June 30, 2017
Commercial Housing University Avenue Parking
FUND In-Lieu Fund In-Lieu Fund
Purpose and Authority Fees imposed on large commercial Fees collected from non-residential
for Collection and industrial development to development within the University Ave.
contribute to programs that increase Parking Assessment District in lieu of
the City's low income and moderate-providing the required number of
income housing stock.parking spaces.
PAMC Ch.16.47 PAMC Ch 16.57
Amount of the Fee $20.37 per square foot $67,429 per space
Fund Balance July 1, 2016 $17,727,522 $3,589,668
Activity in 2016-17
Revenues
Fees Collected 1,518,933
Prior year fees refunded (6,960)
Sale of Property
Interest Earnings 265,414 68,061
Unrealized Gain/Loss Investments (218,076)(88,194)
Operating Transfers
Transfer from Housing In-Lieu Fund
Transfer from SUMC
--------------------------------------------------------------------------------------------------------------------
Total Revenues 1,566,271 (27,093)
Expenditures
Salaries and Benefit (1,102)
Other Contract Services (14,828)
Transfer to Capital Projects
Reclassify prior year expense to loan
--------------------------------------------------------------------------------------------------------------------
Total Expenditures (15,930)0
--------------------------------------------------------------------------------------------------------------------
Ending Balance June 30, 2017 $19,277,863 $3,562,575
Other Commitments/Appropriations
Reserve for Notes Receivable
include:$1,290,000 for 2811 Alma, and
$4,137,254 for 801 Alma.(5,427,254)
Reserve for Buena Vista (7,700,000)
Reserve for Encumbrance (16,569)
--------------------------------------------------------------------------------------------------------------------Net Funds Available $6,134,040 $3,562,575
Page 2 of 11
Attachment A
City of Palo Alto
Annual Report on Development Impact Fees
for Period Ending June 30, 2017
Unexpended balance at next finding
date (FY 2017-18)7,571,279 $0
USE OF FEES:USE OF FEES:
Expenditures of funds have been made in
Fiscal Year 2017 for $1.1K for
Management Analyst salaries and benefit,
$14.8K for housing nexus study and
consultantcy fees. The $7.7 million
Reserve for Buena Vista is included for
unexpended balance calculation purposes
because this was only set aside by
council motion.
No expenditures have been made from this
fund in Fiscal Year 2017.
Page 3 of 11
Attachment A
City of Palo Alto
Annual Report on Development Impact Fees
for Period Ending June 30, 2017
Residential & Non-Residential Housing Residential & Non-Residential Housing
Community Facilities Community Facilities
FUND Parks Community Centers
Purpose and Authority Fees imposed on new residential and Fees imposed on new residential and
for Collection non-residential development approved non-residential development approved
after Jan 28, 2002 for Parks. after Jan 28, 2002 for Community Centers.
PAMC Ch. 16.58 PAMC Ch. 16.58
Amount of the Fee Residential: Single family $11,864 per
residence (or $17,716 per residence larger
than 3,000 sq ft); Multi-family $7,766 per
unit (or $3,926 per unit smaller than or
equal to 900 sq ft)
Residential: Single family $3,075 per
residence (or $4,605 per residence larger
than 3,000 sq ft); Multi-family $2,024 per unit
(or $1,021 per unit smaller than or equal to
900 sq ft)
Nonresidential: Commercial/Industrial
$5,038 per 1,000 sq ft or fraction thereof;
Hotel/Motel $2,278 per 1,000 sq ft or
fraction thereof
Nonresidential: Commercial/industrial $284
per 1,000 sq ft or fraction thereof;
Hotel/Motel $128 per 1,000 sq ft or fraction
thereof
Fund Balance July 1, 2016 $4,013,156 $5,821,379
Activity in 2016-17
Revenues
Fees Collected 436,376 53,053
Interest Earnings 78,769 110,325
Unrealized Gain/Loss (82,012)(115,279)
--------------------------------------------------------------------------------------------------------------------
Total Revenues $433,133 $48,099
--------------------------------------------------------------------------------------------------------------------
Total Expenditures 0 0
--------------------------------------------------------------------------------------------------------------------
Ending Balance June 30, 2017 $4,446,289 $5,869,478
--------------------------------------------------------------------------------------------------------------------Net Funds Available $4,446,289 $5,869,478
Unexpended balance at next finding
date (FY 2016-17)430,859 $822,873
USE OF FEES:USE OF FEES:
No expenditure of funds have been made
from this Fund in Fiscal Year 2017.
No expenditure of funds have been made
from this Fund in Fiscal Year 2017.
Page 4 of 11
Attachment A
City of Palo Alto
Annual Report on Development Impact Fees
for Period Ending June 30, 2017
Residential & Non-Residential Housing Residential Housing
Community Facilities In-Lieu Fund
FUND Libraries
Purpose and Authority Fees imposed on new residential and Fees collected from residential
for Collection non-residential development approved developments of three or more units in
after Jan 28, 2002 for Libraries. lieu of providing the required below-
PAMC Ch. 16.58 market rate unit(s) to low and moderate
income households.
PA Comprehensive Plan and
PAMC Chapter 18
Amount of the Fee Residential: Single family $1,074 per
residence (or $1,599 per residence larger
than 3,000 sq ft); Multi-family $642 per
unit (or $353 per unit smaller than or equal
to 900 sq ft)Varies
Nonresidential: Commercial/industrial
$271 per 1,000 sq ft or fraction thereof;
Hotel/Motel $114 per 1,000 sq ft or
fraction thereof
Fund Balance July 1, 2016 $974,829 $21,572,925
Activity in 2016-17
Revenues
Fees Collected 31,162 1,305,825
Monroe Litigation Settlement
Webster Wood Property Rental 5,875
Interest Earnings 18,614 272,727
Unrealized Gain/Loss Investments (19,118)(241,936)
--------------------------------------------------------------------------------------------------------------------
Total Revenues $30,658 $1,342,491
Expenditures
Salaries and Benefits (1,102)
Contract Services (149,771)
Housing Program Expense (68,226)
--------------------------------------------------------------------------------------------------------------------
Total Expenditures 0 (219,099)
--------------------------------------------------------------------------------------------------------------------
Ending Balance June 30, 2017 $1,005,487 $22,696,317
Other Commitments/Appropriations
Reserve for Reappropriations (323,500)
Reserve for Encumbrances (70,372)
Reserve for Buena Vista (6,800,000)
Reserve for Notes Receivable include
$375,000 for 3053 Emerson, $3,804,850
for Tree House Apts, $747,734 for
Sheridan Apts., $2,285,026 for 801 Alma,
$1,000,000 for Palo Alto Housing Project,
$600,000 for 2811-2825 Alma St.,
$203,561 for Colorado Park Housing, and
$51,523 for El Dorado Palace.(9,067,694)
--------------------------------------------------------------------------------------------------------------------Net Funds Available $1,005,487 $6,434,751
Page 5 of 11
Attachment A
City of Palo Alto
Annual Report on Development Impact Fees
for Period Ending June 30, 2017
Unexpended balance at next finding
date (FY 2016-17-Residential & Non
Residential Housing Communities
Facilities Libraries, FY2017-18-
Residential Housing In-Lieu)$537,983 $2,114,048
USE OF FEES:USE OF FEES:
No expenditure of funds have been made
from this Fund in Fiscal Year 2017.
Expenditures in Fiscal Year 2017 include
$1.1K for Management Analyst salaries and
benefit, $135K to Palo Alto Housing Corp for
BMR fees and $15K for housing nexus study
and consultancy fees. The $6.8 million
Reserve for Buena Vista is included for
unexpended balance calculation purposes
because this was only set aside by council
motion
Page 6 of 11
Attachment A
City of Palo Alto
Annual Report on Development Impact Fees
for Period Ending June 30, 2017
Parkland Dedication Charleston-Arastradero Corridor
Pedestrian and Bicyclist Safety
FUND
Purpose and Authority Fees on parkland dedication imposed Fees collected from new development and
for Collection on new residential and non-residential re-development within the Charleston-
development Arastradero Corridor to provide for pedest-
Govt Code Sec.66477 (Quimby Act) rian and bicyclist safety improvements.
PAMC Ch. 16.60
Amount of the Fee Single Family: $58,812 per unit; Multi-
Family: $40,103 per unit. This applies
only to residential projects that require a
subdivision or pacel map. Land
dedications is required for subdivisions
resulting in more than 50 parcels.
Parkland Dedication Fee -Land: Single
Family: 531 sq. ft, per unit; Multi-Family:
366 sq. ft. per unit. When parkland
dedication applies, park impact fees do
not apply.
Residential: $1,300 per unit; Commercial:
$0.38 per sq ft
Fund Balance July 1, 2016 $3,263,832 $10,540
Activity in 2016-17
Revenues
Fees Collected 67,502
Interest Earnings 61,838 191
Unrealized Gain/Loss (61,270)(1,869)
--------------------------------------------------------------------------------------------------------------------
Total Revenues $68,070 ($1,678)
Expenditures
Operating Transfer to Capital Projects
Fund
--------------------------------------------------------------------------------------------------------------------
Total Expenditures 0 0
--------------------------------------------------------------------------------------------------------------------
Ending Balance June 30, 2017 $3,331,902 $8,862
--------------------------------------------------------------------------------------------------------------------Net Funds Available $3,331,902 $8,862
Unexpended balance at next finding
date (FY 2016-17-Parkland Dedication,
FY2017-18-Charleston)$745,936 $0
USE OF FEES:USE OF FEES:
No expenditure of funds have been made
from this Fund in Fiscal Year 2017.
No expenditure of funds have been made
from this Fund in Fiscal Year 2017.
Page 7 of 11
Attachment A
City of Palo Alto
Annual Report on Development Impact Fees
for Period Ending June 30, 2017
New Public Safety Facilities General Government Facilities
FUND
Purpose and Authority Fees imposed on residential and Fees imposed on residential and non-
for Collection non-residential development to fund residential development to fund facilities
police and fire facilities (including fire associated with municipal administration.
apparatus and vehicles)
PAMC Ch. 16.58
Amount of the Fee Residential: Single family $1,031 per unit;
Multi-family $825 per unit
Residential: Single family $1,299 per unit;
Multi-family $1,039 per unit
Nonresidential: Commercial $576 per
1,000 sq ft. or fraction thereof; Industrial
$192 per 1,000 sq. ft. or fraction thereof;
Hotel/Motel $769 per 1,000 sq ft or
fraction thereof
Nonresidential: Commercial $726 per 1,000
sq ft. or fraction thereof; Industrial $242 per
1,000 sq. ft. or fraction thereof; Hotel/Motel
$970 per 1,000 sq ft or fraction thereof
Fund Balance July 1, 2016 $20,983 $26,430
Activity in 2016-17
Revenues
Fees Collected 65,556 82,608
Interest Earnings 814 1,025
Unrealized Gain/Loss (193)(243)
--------------------------------------------------------------------------------------------------------------------
Total Revenues $66,177 $83,390
--------------------------------------------------------------------------------------------------------------------
Total Expenditures 0 0
--------------------------------------------------------------------------------------------------------------------
Ending Balance June 30, 2017 $87,160 $109,820
--------------------------------------------------------------------------------------------------------------------Net Funds Available $87,160 $109,820
Unexpended balance at next finding
date FY 2019-20 $1,403 $1,768
USE OF FEES:USE OF FEES:
No expenditure of funds have been made
from this Fund in Fiscal Year 2017.
No expenditure of funds have been made
from this Fund in Fiscal Year 2017.
Page 8 of 11
Attachment A
City of Palo Alto
Annual Report on Development Impact Fees
for Period Ending June 30, 2017
Citywide Transportation
FUND
Purpose and Authority Transportation impact fees imposed
for Collection on new development in all parts of the City to fund congestion reduction
projects.
PAMC Ch. 16.59
Amount of the Fee $3,559 per net new PM peak hour trip
Fund Balance July 1, 2016 $3,025,738
Activity in 2016-17
Revenues
Fees Collected 375,795
Interest Earnings 55,919
Unrealized Gain/Loss Investments (57,447)--------------------------------------------------------
Total Revenues $374,267
Expenditures
Operating Transfer to CIP (432,050)
--------------------------------------------------------
Total Expenditures (432,050)--------------------------------------------------------
Ending Balance June 30, 2017 $2,967,955 --------------------------------------------------------
Net Funds Available $2,967,955
Unexpended balance at next finding
date (FY 2017-18)$829,261
USE OF FEES:
Expenditures have been made in FY2017
for $432K transfer to capital projects.
Page 9 of 11
Attachment A
City of Palo Alto
Annual Report on Development Impact Fees
for Period Ending June 30, 2017
(INFORMATION ONLY)
Public Art Fund
FUND
Purpose and Authority
for collection Fees imposed on new commercial
develoments (including mixed use
projects), including new construction,
remodels, additions and reconstruction
that (i) have a floor area of 10,000 square
feet or more, and (ii) have a construction
value of $200,000, or more, exclusive of
costs for architecture, design, engineering,
and required studies; and all new
residential projects of five or more units to
fund public art for private developments.
PAMC Ch. 16.61
Amount of the Fee 1% of first $108.87 million construction
valuation and .9% of construction
valuation for valuation in excess of
$108.87 million
Fund Balance July 1, 2016 $281,548
Activity in 2016-17
Revenues
Fees Collected 351,809
Interest Earnings 6,530
Unrealized Gain/Loss Investments (7,916)
Operating Transfer from General Fund 78,506
--------------------------------------------------------
Total Revenues $428,929
Expenditures
Salaries and benefits (159,637)
General Expenses (77)
--------------------------------------------------------
Total Expenditures (159,714)
--------------------------------------------------------
Ending Balance June 30, 2017 $550,763
--------------------------------------------------------Net Funds Available $550,763
This fund is not subject to AB1600
requirements and is listed only for
information purposes
Page 10 of 11
Attachment A
City of Palo Alto
Annual Report on Development Impact Fees
for Period Ending June 30, 2017
(INFORMATION ONLY)
FUND Water and Wastewater Collection
Purpose and Authority Capacity fees charged to developers that
for Collection are adding load to the water and sewer
systems effective July 1, 2005.
California Government Code Sect 66000
Amount of the Fee Water Capacity Fees: 5/8 in., 3/4 in E-
Meter. $5,000, 1 in. E-Meter $9,400, 1 1/2
in. E-Meter $18,850, 2 in. E-Meter
$56,250 , 4 in. Compound Meter by est.
$125/FU (min. 5,000 FU) , 6 in.
Compound Meter by est. $125/FU (min.
7,000 FU)
Fire Service Capacity Fees: 2 in. $750, 4
in. $9,000, 6 in. $22,530, 8 in. $43,080,
10in. $69,510
Sewer Capacity Charges: 4 in. connection
with 5/8 in Water Meter (WM) $5,250, 4 in
connection. with 1-in WM $15,750, 4 or 6
in. connection with 1-1/2 in WM $31,668,
6 in. connection with 2 in. WM $94,500, 6
in. and larger connection with 4 in. or
larger WM by est. at $210/FU
Activity in 2016-17
Capacity Fees Collected
Water $1,088,535
Wastewater Collection 803,838
Total $1,892,373
USE OF FEES:
The fees are used exclusively for water
and sewer system improvements
Page 11 of 11