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FY 2024-25 DIF Funds Annual Report AB 1600City of La Quinta CITY COUNCIL MEETING December 16, 2025 STAFF REPORT CONSENT CALENDAR ITEM NO. 5 AGENDA TITLE: RECEIVE AND FILE FISCAL YEAR 2024/25 DEVELOPMENT PROJECT FEE REPORT RECOMMENDATION Receive and file the fiscal year 2024/25 Development Project Fee Report. EXECUTIVE SUMMARY • Development Impact Fees (DIF) are imposed on new construction to help offset impacts created by new development on City facilities and infrastructure. • The State Mitigation Fee Act requires the City to annually report on the receipts and expenditures of DIF Funds for the last 5 years within 180 days of the close of the fiscal year. • The City must use, or pledge to use, the developer fees on City facilities and infrastructure within 5 years of receipt; or present findings if that was not the case. • Staff has completed the required analysis (Attachments 1 and 2) and in all cases the City has complied with the time limit to expend or commit fees for future projects. FISCAL IMPACT — None. BACKGROUND/ANALYSIS The City has 3 development project category fees subject to State requirements — Infrastructure, Quimby, and DIF. Annually, the City reports on the following: • Brief description on the type of fee in the account or fund; • Amount of the fee; • Beginning and ending balance of the account or fund; • Amount of fees collected and interest earned; • Each public improvement on which fees were expended, the amount of expenditures, and total percentage of the project completed and costs funded with the fee; • Description of each interfund transfer, loan, and the public improvement funded. 85 The City must also report payments received pursuant to development agreements entered into after January 1, 2004. A schedule of development agreement payments received, and expenditures are noted in Attachment 2. All projects were reported in the prior fiscal year (FY). Unspent balances will be evaluated for appropriation during the FY 2026/27 budget cycle. Uns • ent Balance Civic Center DIF (Fund 252) Community Center DIF (Fund 254) $ 1,801,755 $ 110,661 Street Maintenance DIF (Fund 255) $ 88,781 Park Maintenance DIF (Fund 256) $ 8,361 Fire Protection DIF (Fund 257) $ 699,270 Each year these reports are also provided to the Desert Valley Builders Association (DVBA), the Building Industry Association (BIA), and the Gas Company. To date, no correspondence has been received regarding these reports. Any future correspondence will be published on the City's website. ALTERNATIVES This report is required by State, staff does not recommend an alternative. Prepared by: Approved by: Virginia Ortega, Finance Manager Claudia Martinez, Finance Director/City Treasurer Jon McMillen, City Manager Attachments: 1. FY 2024/25 Development Project Fee Report 2. FY 2024/25 Developer Agreement Activity Report 86 2025 AB1600 Report La Quinta Development Project Fee Report Quimby Fees (Fund 220) Government Code 66000 Calculation FYE 6/30/2025 ATTACHMENT 1 The City's Quimby Special Revenue Fund is used to account for the accumulation of developer fees received under the provisions of the Quimby Act for park development and improvements. Account Description Beginning Fund Balance FY 24/25 Ending Fund Balance Developer Fees Interest Income Contributions from Property Owners Transfers In - - - - Total Revenue Sources 0 Expenditures & Other Uses Transfers out - - Total Uses 0 Total Available $ - $ - $ - Five Year Test Using First In First Out Method Fiscal Years Ending Beginning Fund Balance Revenues Collected Expenditures Committed Unspent Revenues Collected from 2021 Revenues Collected from 2022 Revenues Collected from 2023 Revenues Collected from 2024 Revenues Collected from 2025 1,565,574 (713,669) (735,460) 35,415 1,600,989 713,669 21,791 (735,460) 1,180,635 466,967 445,176 445,176 (1,180,635) (1,180,635) (1,180,636) (445,176) Total Revenue For Last Five Years $ 35,415 $ 1,600,989 Result : Five Year Spent Test Met in accordance with Government Code 66001 Capital Improvement Facilities FY 24/25 Committed % Complete % funded with fee Total $ - $ - Percentage completed as of 6/30/2025 87 2025 AB1600 Report La Quinta Development Project Fee Report Infrastructure Fee (Fund 225) Government Code 66000 Calculation FYE 6/30/2025 The Infrastructure fee fund is used to account for the accumulation of resources, provided through developer fees for the acquisition, construction or improvement of the City's infrastructure as defined in Resolution 2013-006. Account Description Beginning Fund Balance FY 24/25 Ending Fund Balance Developer Fees* Interest Income Reimbursements - 1,091 - Total Revenue Sources $ 1,091 Expenditures & Other Uses Capital Projects Project Administration/Internal Engineering - - - Total Uses - Total Available $ 20,194 $ 1,091 $ 21,285 Five Year Test Using First In First Out Method Fiscal Years Ending Beginning Fund Balance Revenues Collected r Expenditures Committed Unspent Revenues Collected from 2021 19,408 (10) - 22,618 (3,220) Revenues Collected from 2022 19,398 (450) - 22,618 (3,670) Revenues Collected from 2023 18,948 294 - 22,618 (3,376) Revenues Collected from 2024 19,242 952 - 22,618 (2,424) Revenues Collected from 2025 20,194 1,091 - - 21,285 Total Revenue For Last Five Years $ 1,877 $ - Result : Five Year Spent Test Met in accordance with Government Code 66001 Capital Improvement Facilities FY 24/25 Committed % Complete` % funded with fee Total - $ - * Percentage completed as of 6/30/2025 ** The Infrastructure Fee is being phased out and not subject to collection of future revenue from developments. 88 2025 AB1600 Report La Quinta Development Project Fee Report Transportation DIF (Fund 250) Government Code 66000 Calculation FYE 6/30/2025 The Transportation Impact Fee developer fee fund is used to account for the accumulation of resources, provided through developer fees for street system improvements needed to handle traffic that will be generated by future development. The fee is based upon the table below and varies from project to project. Activity Unit of Measure Transportation Residential - Single Family Detached Unit $ 4,009 Residential - Single Family Attached Unit $ 3,076 Residential - Multi Family and Other Unit $ 2,281 Office/Medical Unit $ 6,542 General Commercial 1,000 sq ft $ 8,057 Tourist Commercial/Lodging 1,000 sq ft $ 1,859 Golf Course Acre $ 930 Account Description Beginning Fund Balance FY 24/25 Ending Fund Balance Developer Fees 421,135 Interest Income 312,599 Miscellaneous - Transfers In - Total Revenue Sources 733,734 Expenditures & Other Uses 400,000 Transfers out Capital Projects 38,968 Total Uses 438,968 Total Available $ 5,868,008 $ 294,765 $ 6,162,774 Five Year Test Using First In First Out Method Fiscal Years Ending Beginning Fund Balance Revenues Collected Expenditures Committed Unspent Revenues Collected from 2021 Revenues Collected from 2022 Revenues Collected from 2023 Revenues Collected from 2024 Revenues Collected from 2025 Total Revenue For Last Five Years 2,321,502 2,266,489 4,503,469 5,518,142 5,868,008 688,043 2,636,980 1,810, 531 762,133 733,734 $ 6,631,420 745,418 400,000 795,857 412,267 438,968 $ 2,792,510 4,356,480 3,956,480 3,519,775 5,237,567 6,177,883 Result : Five Year Spent Test Met in accordance with Government Code 66001 Capital Improvement Facilities FY 24/25 Committed % Complete' % funded with fee 111205 Dune Palms Bridge Improvement - 56,799 98% 1% 201702 Developer Reimbursements 400,000 3,200,000 114% 100% 201902 Avenue 50 Bridge Spanning Evacuation 16,958 938,819 1.68% 6% 202205 Avenue 50 Widening Improvements 6,796 1,250,022 4.10% 61% 202302 Avenue 52 Monroe Street (Traffic Signal) 7,934 139,524 6.98% 100% 202410 Avenue 52/Jefferson Roundabout Safety 7,281 592,719 1.21% 100% Total $ 438,968 $ 6,177,883 * Percentage completed as of 6/30/2025 (2,092,353) 546,989 1,998,367 630,441 (15,110) 89 2025 AB1600 Report La Quinta Development Project Fee Report Parks & Rec DIF (Fund 251) Government Code 66000 Calculation FYE 6/30/2025 The Parks & Recreation Impact Fee fund is used to account for the accumulation of resources, provided through developer fees for parks required to serve future development. The fee is based upon the table below and varies from project to project. Activity Unit of Measure Transportation Residential - Single Family Detached Unit $ 2,106 Residential - Single Family Attached Unit $ 1,794 Residential - Multi Family and Other Unit $ 1,716 Account Description Beginning Fund Balance FY 24/25 Ending Fund Balance Developer Fees Interest Income Miscellaneous Transfers In 120,042 89,095 - - Total Revenue Sources 209,137 Expenditures & Other Uses Transfers Out Capital Projects - 194,665 Total Uses 194,665 Total Available $ 1,670,697 $ 14,472 $ 1,685,169 Five Year Test Using First In First Out Method Fiscal Years Ending Beginning Fund Balance Revenues Collected Expenditures Committed Unspent Revenues Collected from 2021 Revenues Collected from 2022 Revenues Collected from 2023 Revenues Collected from 2024 Revenues Collected from 2025 294,027 (346,309) 674,268 1,609,209 1,670,697 322,133 1,020,577 963,656 339,158 209,137 962,469 28,715 277,670 194,665 2,844 474,129 651,794 648,950 (349,153) 674,268 1,135,080 1,018,903 1,036,219 Total Revenue For Last Five Years $ 2,854,661 $ 1,463,519 Result : Five Year Spent Test Met in accordance with Government Code 66001 Capital Improvement Facilities FY 24/25 Committed % Complete" % funded with fee 202102 Fritz Burns Park Improvements 202306 La Quinta Parks Phase 1 194,665 - - 648,950 17% 0% 6% 100% Total $ 194,665 $ 648,950 * Percentage completed as of 6/30/2025 90 2025 AB1600 Report La Quinta Development Project Fee Report Civic Center DIF (Fund 252) Government Code 66000 Calculation FYE 6/30/2025 The Civic Center Impact Fee fund was used to fund the expansion of the La Quinta Civic Center completed in 2008 to support the City's needs through build out. The fee is based upon the table below and varies from project to project. Activity Unit of Measure Transportation Residential - Single Family Detached Unit $ 1,230 Residential - Single Family Attached Unit $ 1,115 Residential - Multi Family and Other Unit $ 628 Office/Medical Unit $ 522 General Commercial 1,000 sq ft $ 522 Tourist Commercial/Lodging 1,000 sq ft $ 698 Golf Course Acre $ 251 Account Description Beginning Fund Balance FY 24/25 Ending Fund Balance Developer Fees Interest Income Miscellaneous Transfers In 82,724 103,344 - - Total Revenue Sources 186,069 Expenditures & Other Uses Transfers Out - - Total Uses 0 Total Available $ 1,865,611 $ 186,069 $ 2,051,680 Five Year Test Using First In First Out Method Fiscal Years Ending Beginning Fund Balance Revenues Collected Expenditures Committed Unspent Revenues Collected from 2021 Revenues Collected from 2022 Revenues Collected from 2023 Revenues Collected from 2024 Revenues Collected from 2025 301,271 498,620 1,126,531 1,667,695 1,865,611 197,349 627,911 541,239 197,916 186,069 75 249,925 249,925 249,925 498,620 1,126,531 1,417,770 1,615,686 1,801,755 Total Revenue For Last Five Years $ 1,750,483 $ 75 Result : Five Year Spent Test Met in accordance with Government Code 66001 Capital Improvement Facilities FY 24/25 Committed %Complete * % funded with fee 202202 City Hall Capacity Improvements $ - 249,925 0% 31% Total $ - $ 249,925 * Percentage completed as of 6/30/2025 ** Loan repayment interest rate was based on the average quartery investment yield of the City's investment portfolio. During FY 2018/19, this loan was written -off. Projects are being evaluated for the unspent balance of $1,801,755 and will be included in the FY 2026/27 budget. 91 2025 AB1600 Report La Quinta Development Project Fee Report Library DIF (Fund 253) Government Code 66000 Calculation FYE 6/30/2025 The Library Impact Fee fund is used for library facilities required to serve future development in La Quinta. The fee is based upon the table below and varies from project to project. Activity Unit of Measure Transportation Residential - Single Family Detached Unit $ 397 Residential - Single Family Attached Unit $ 338 Residential - Multi Family and Other Unit $ 323 Account Description Beginning Fund Balance FY 24/25 Ending Fund Balance Developer Fees Interest Income Miscellaneous Transfers In 22,629 0 Total Revenue Sources 22,629 Expenditures & Other Uses Advance Interest Expense - 23,423 Total Uses 23,423 Total Available $ (1,118,627) $ (794) $ (1,119,421) Five Year Test Using First In First Out Method Fiscal Years Ending Revenues Collected from 2021 Revenues Collected from 2022 Revenues Collected from 2023 Revenues Collected from 2024 Revenues Collected from 2025 Total Revenue For Last Five Years Beginning Fund Balance (1,505,187) (1,458,812) (1,273,276) (1,118,627) (1,118,627) Revenues Collected 61,508 196,648 180,153 32,495 22,629 $ 493,433 Expenditures 15,133 11,112 25,504 32,495 23,423 $ 107,667 Committed 1,458,789 1,273,276 1,118,627 1,118,627 1,118,627 Result : Five Year Spent Test Met in accordance with Government Code 66001 Capital Improvement Facilities FY 24/25 Committed % Complete " % funded with fee Successor Agency loan repayment (construction of public library facility)'" 23,423 1,118,627 55% 100% Total $ 23,423 $ 1,118,627 * Percentage completed as of 6/30/2025 "' Loan repayment interest rate is based on the average quarterly investment yield of the City's investment portfolio. As of 6/30/2025 the outstanding loan balance was: Principal 1,118,627 Interest - Total Due 1,118,627 Unspent (2,917,601) (2,546,552) (2,237,254) (2,237,254) (2,238,048) 92 2025 AB1600 Report La Quinta Development Project Fee Report Community Center DIF (Fund 254) Government Code 66000 Calculation FYE 6/30/2025 The Community Center Fee fund is used for community center facilities required to serve future development in La Quinta. The fee is based upon the table below and varies from project to project. Activity Unit of Measure Transportation Residential - Single Family Detached Unit $ 956 Residential - Single Family Attached Unit $ 814 Residential - Multi Family and Other Unit $ 779 Account Description Beginning Fund Balance FY 24/25 Ending Fund Balance Developer Fees Interest Income Miscellaneous Transfers In 54,492 56,169 - - Total Revenue Sources 110,661 Expenditures & Other Uses Transfers Out Capital Projects - 314,647 Total Uses 314,647 Total Available $ 1,107,561 $ (203,985) $ 903,575 Five Year Test Using First In First Out Method Fiscal Years Ending Beginning Fund Balance Revenues Collected Expenditures Committed Unspent Revenues Collected from 2021 192,753 143,272 101,639 125,000 109,387 Revenues Collected from 2022 234,387 339,454 - 125,000 448,842 Revenues Collected from 2023 573,841 406,479 - 125,000 855,319 Revenues Collected from 2024 980,319 127,241 - 625,000 482,561 Revenues Collected from 2025 1,107,561 110,661 314,647 792,914 110,661 Total Revenue For Last Five Years $ 1,127,108 $ 416,286 Result : Five Year Spent Test Met in accordance with Government Code 66001 Capital Improvement Facilities FY 24/25 Committed % Complete * % funded with fee 201901 Village Art Plaza Promenade & Cultural Campus 314,647 792,914 26% 13% Total $ 314,647 $ 792,914 Percentage completed as of 6/30/2025 Projects are being evaluated for the unspent balance of $110,661 and will be included in the FY 2026/27 budget. 93 2025 AB1600 Report La Quinta Development Project Fee Report Street Maintenance DIF (Fund 255) Government Code 66000 Calculation FYE 6/30/2025 The Street Maintenance Fee fund is used for street maintenance required to serve future development in La Quinta. The fee is based upon the table below and varies from project to project. Activity Unit of Measure Transportation Residential - Single Family Detached Unit $ 313 Residential - Single Family Attached Unit $ 247 Residential - Multi Family and Other Unit $ 198 Office/Medical Unit $ 374 General Commercial 1000 sq ft $ 461 Tourist Commercial/Lodging 1000 sq ft $ 106 Golf Course Acre $ 53 Account Description Beginning Fund Balance FY 24/25 Ending Fund Balance Developer Fees Interest Income Miscellaneous Transfers In - 4,551 - - Total Revenue Sources 4,551 Expenditures & Other Uses - Total Uses 0 Total Available $ 84,231 $ 4,551 $ 88,781 Five Year Test Using First In First Out Method Fiscal Years Ending Beginning Fund Balance Revenues Collected Expenditures Committed Unspent Revenues Collected from 2021 Revenues Collected from 2022 Revenues Collected from 2023 Revenues Collected from 2024 Revenues Collected from 2025 39,130 43,288 75,785 80,260 84,231 4,158 32,497 4,475 3,970 4,551 0 43,288 75,785 80,260 84,231 88,781 Total Revenue For Last Five Years $ 49,651 Result : Five Year Spent Test Met in accordance with Government Code 66001 Capital Improvement Facilities FY 24/25 Committed % Complete* % funded with fee Total $ - $ - " Percentage completed as of 6/30/2025 "" Loan repayment interest rate was based on the average quartery investment yield of the City's investment portfolio. During FY 2018/19, this loan was written -off. Projects are being evaluated for the unspent balance of $88,781 and will be included in the FY 2026/27 budget. 94 2025 AB1600 Report La Quinta Development Project Fee Report Park Maintenance DIF (Fund 256) Government Code 66000 Calculation FYE 6/30/2025 The Park Maintenance Fee fund is used for park maintenance required to serve future development in La Quinta. The fee is based upon the table below and varies from project to project. Activity Unit of Measure Transportation Residential - Single Family Detached Unit $ 313 Residential - Single Family Attached Unit $ 247 Residential - Multi Family and Other Unit $ 198 Office/Medical Unit $ 374 General Commercial 1000 sq ft $ 461 Tourist Commercial/Lodging 1000 sq ft $ 106 Golf Course Acre $ 53 Account Description Beginning Fund Balance FY 24/25 Ending Fund Balance Developer Fees Interest Income Miscellaneous Transfers In - 429 Total Revenue Sources 429 Expenditures & Other Uses Transfers Out - - Total Uses 0 Total Available $ 7,933 $ 429 $ 8,361 Five Year Test Using First In First Out Method Fiscal Years Ending Beginning Fund Balance Revenues Collected Expenditures Committed Unspent Revenues Collected from 2021 5,723 272 - - 5,995 Revenues Collected from 2022 5,995 (97) - - 5,898 Revenues Collected from 2023 5,898 1,661 - - 7,559 Revenues Collected from 2024 7,559 374 - - 7,933 Revenues Collected from 2025 7,933 429 - - 8,361 Total Revenue For Last Five Years $ 2,638 $ Result : Five Year Spent Test Met in accordance with Government Code 66001 Capital Improvement Facilities FY 24/25 Committed % Complete * % funded with fee Total $ - $ - " Percentage completed as of 6/30/2025 "" Loan repayment interest rate was based on the average quartery investment yield of the City's investment portfolio. During FY 2018/19, this loan was written -off. Projects are being evaluated for the unspent balance of $8,361 and will be included in the FY 2026/27 budget. 95 2025 AB1600 Report La Quinta Development Project Fee Report Fire Protection DIF (Fund 257) Government Code 66000 Calculation FYE 6/30/2025 The Fire Protection Facilities Fee fund is used for fire protection facilities required to serve future development in La Quinta. The fee is based upon the table below and varies from project to project. Activity Unit of Measure Transportation Residential - Single Family Detached Unit $ 369 Residential - Single Family Attached Unit $ 335 Residential - Multi Family and Other Unit $ 188 Office/Hospital Unit $ 151 General Commercial 1000 sq ft $ 151 Tourist Commercial 1000 sq ft $ 201 Golf Course Acre $ 72 Account Description Beginning Fund Balance FY 24/25 Ending Fund Balance Developer Fees Interest Income Miscellaneous Transfers In 24,682 35,300 - - Total Revenue Sources 59,982 Expenditures & Other Uses - Total Uses 0 Total Available $ 639,289 $ 59,982 $ 699,270 Five Year Test Using First In First Out Method Fiscal Years Ending Beginning Fund Revenues Expenditures Committed Unspent Balance Collected Revenues Collected from 2021 136,036 61,224 - - 197,260 Revenues Collected from 2022 197,260 212,043 - - 409,304 Revenues Collected from 2023 409,304 167,005 - - 576,309 Revenues Collected from 2024 576,308 62,980 - - 639,289 Revenues Collected from 2025 639,289 59,982 - - 699,270 Total Revenue For Last Five Years $ 563,235 $ - Result : Five Year Spent Test Met in accordance with Government Code 66001 Capital Improvement Facilities FY 24/25 Committed % Complete %funded with fee Total $ - $ - * Percentage completed as of 6/30/2025 ** Loan repayment interest rate was based on the average quarterly investment yield of the City's investment portfolio. During FY 2018/19, this loan was written -off. Projects are being evaluated for the unspent balance of $699,270 and will be included in the FY 2026/27 budget. 96 2025 AB1600 Report La Quinta Development Project Fee Report Maintenance Facilities DIF (Fund 259) Government Code 66000 Calculation FYE 6/30/2025 The Maintenance Facilities Fee fund is used for corporate yard maintenance facilities and equipment needed to serve future development in La Quinta. The fee is based upon the table below and varies from project to project. Activity Unit of Measure Transportation Residential - Single Family Detached Unit $ 313 Residential - Single Family Attached Unit $ 247 Residential - Multi Family and Other Unit $ 198 Office/Medical Unit $ 374 General Commercial 1000 sq ft $ 461 Tourist Commercial/Lodging 1000 sq ft $ 106 Golf Course Acre $ 53 Account Description Beginning Fund Balance FY 24/25 Ending Fund Balance Developer Fees Interest Income Miscellaneous Transfers In 28,896 15,735 - - Total Revenue Sources 44,631 Expenditures & Other Uses Transfers Out - 280,000 Total Uses 280,000.00 Total Available $ 362,526 $ (235,369) $ 127,157 Five Year Test Using First In First Out Method Fiscal Years Ending Beginning Fund Balance Revenues Collected Expenditures Committed Unspent Revenues Collected from 2021 Revenues Collected from 2022 Revenues Collected from 2023 Revenues Collected from 2024 Revenues Collected from 2025 Total Revenue For Last Five Years 47,015 180,095 311,683 $ 362,526 47,015 133,080 131,588 50,843 44,631 $ 407,157 280,000 $ 280,000 280,000 362,526 Result : Five Year Spent Test Met in accordance with Government Code 66001 Capital Improvement Facilities FY 24/25 Committed % Complete* % funded with fee 201805 Maintenance and Operations Yard 280,000 362,526 40% 24% Total $ 280,000 $ 362,526 * Percentage completed as of 6/30/2025 47,015 180,095 311,683 82,526 (235,369) 97 2025 AB1600 Report La Quinta Development Project Fee Report Developer Agreement Activity (Fund 401) FYE 6/30/2025 ATTACHMENT 2 The following development agreement payment was received for development agreements entered into after January 1, 2004 in accordance with Government Code Section 65865. Date Project/Purpose Balance Revenues Expenses Total Total Developer 3/8/2010 Contributions for Future CIP Projects Traffic Signals: Madison Street on Avenue 58 & Avenue 60 257,563.00 - - 257,563.00 10/18/2010 Landscape Median: Monroe Avenue (Trilogy/Shea TM30023) 234,869.64 - - 234,869.64 1/25/2016 Traffic Signal: Madison Street at Avenue 52 (Madison Club) 215,000.00 215,000.00 10/11/2016 Raised Median: Madison at Avenue 52 (TM33076-1) 59,642.00 - - 59,642.00 6/14/2019 Turn Lane Extension: Highway 111 & Costco Drive 3,644.22 - - 3,644.22 6/30/2020 Traffic Signal: Madison Street at Avenue 54 (CDA/Griffln Ranch) 107,500.00 - - 107,500.00 6/30/2021 Turn Lane / Right Turn Only: Adams Street at Auto Centre 171,574.00 - - 171,574.00 6/30/2023 Traffic Signal: Monroe at Avenue 52 20,755.35 - - 20,755.35 Total Unearned 11/30/2009 Account No. 401-0000-22811 Revenue on Deposit Lions Gate project 1821 sidewalk and landscaping 16,798.30 - - $ 1,070,548.21 16,798.30 1/31/2011 Toll Brothers, Avenue 50 & Verano Drive, TM 30357, Mt. View Country Club Traffic Signal Improvements 215,000.00 215,000.00 6/30/2015 Avenue 53 at Jefferson Street Roundabout (580.85) - - (580.85) 6/30/2015 Traffic Signal Avenue 50 & Orchard, Project 1757 99,075.26 - - 99,075.26 2/24/2016 ACM LQ/Highway 111 & Simon Drive 2,788.50 - - 2,788.50 2/24/2016 ACM LQ/Washington & Miles 8,460.00 - - 8,460.00 6/30/2019 Dune Palms Road Widening Eminent Domain 19,882.32 - - 19,882.32 6/30/2023 Cove Trails Parking Lot Improvements - - - - Account No. 401-0000-22210 $ 361,423.53 OVERALL TOTAL AVAILABLE $ 1,431,971.74 98 20 BOARD OF DIRECTORS PRESIDENT Paul Mahoney, PMA Advertising Irnn4 }ate Past PrGsideral Todd Hooks Agua Caliente Band of Cahuilla Indians (Ret.) Imo' VICE PRESIDENT Tom Dubose Dubose Design Group, Inc. -SECRETARY 17REASURER VICE PRESIDENT OFOCIATES Allan Levin Allan Levin & Associates CHIEF EXECUTIVE OFFICER Gretchen Gutierrez DIRECTORS Fred BeIV 2025 PAC Chairman Nobell Energy Solutions Brian Benedetti Brian Benedetti Construction Mark Benedetti Mario Gonzales — Presidents Council GHA Companies Joe Hayes - Presidents Council (dcc } Dave Lippert %00'OtA �i t desert valleys builders association December 17, 2025 City of La Quinta Virginia Ortega, Finance Manager 78-495 Calle Tampico La Quinta, CA 92253 Dear Ms. Ortega, Thank you for providing the Desert Valleys Builders Association with the opportunity to review and comment on the City of La Quinta's 202412025 Annual Development Impact Fee (AB 1600) Report. Concluding the examination, the Desert Valleys Builders Association is satisfied that the City has met its annual reporting obligations pursuant to the Mitigation Fee Act. Lippert Construction, Inc Respectfully, Bruce Maize Orr Builders — Russ Martin '- Mission Springs Water District Deborah McGarrey es Brown d Southern California Gas Company Executive Officer Alan Pace Petra GeoSciences Kevin Pillow AC Houston Lumber John Powell, Jr. Coachella Valley Water District Mike Rowe Dudek Engineering Phil Smith — Presidents Council Sunrise Company Alissa Vatter Fidelity National Title Michelle Witherspoon MSA Consulting 550 Oleander Road - Palm Springs, CA - 92262 (760) 776-7001 office - (760) 776-7002 fax www_TheDVBA.org