FY 2017-18 DIF Funds Annual Report AB 1600City of La Quinta
CITY COUNCIL MEETING: December 18, 2018
STAFF REPORT
AGENDA TITLE: RECEIVE AND FILE FISCAL YEAR 2017/18 DEVELOPMENT PROJECT
FEE REPORT
RECOMMENDATION
Receive and file Fiscal Year 2017/18 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
receipt and expenditure of DIF for the last five 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 five years of receipt, or present findings if that
was not the case.
•Staff has completed the required analysis (Attachment 1) 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 three developer project category fees subject to State
requirements: Infrastructure, Quimby, and DIF. Annually, the City reports on
the following:
•Brief description of 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 cost funded with fees;
•Approximate construction start date of the public improvement if the local
agency determines that sufficient funds have been collected to complete
financing;
CONSENT CALENDAR ITEM NO. 6
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•Description of each interfund transfer or loan made from the fund,
including the public improvement being funded.
The City must also report payments received pursuant to development
agreements entered into after January 1, 2004. A schedule of development
agreement payments received is attached (Attachment 2).
ALTERNATIVES
As the report is required by the State, staff does not recommend an alternative.
Prepared by: Karla Campos, Finance Director
Approved by: Frank J. Spevacek, City Manager
Attachments: 1. FY 2017/18 Development Project Fee Financial Report
2.FY 2017/18 Development Agreement Payment Report
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La Quinta Development Project Fee Report ATTACHMENT 1
Quimby Fees (Fund 220)
Government Code 66000 Calculation
FYE 6/30/2018
Beginning Ending
Account Description Fund Balance FY 17/18 Fund Balance
Revenues & Other Sources:
Developer Fees 15,138
Interest Income 38,169
Contributions from Property Owners -
Transfers In -
Total Sources 53,307
Expenditures & Other Uses -
Transfers out Capital Projects 462,938
Total Uses 462,938
Total Available 5,005,547$ (409,631)$ 4,595,916$
Five Year Test
Using First In First Out Method
Beginning Fund
Balance
Revenues
Collected Expenditures Committed Unspent
Revenues Collected from 2014 8,241,870 1,011,747 1,118,651 7,320,215 814,751
Revenues Collected from 2015 8,134,965 263,193 2,738,126 5,122,234 537,798
Revenues Collected from 2016 5,660,033 80,364 305,730 5,979,239 (544,572)
Revenues Collected from 2017 5,434,667 128,218 557,338 3,985,916 1,019,631
Revenues Collected from 2018 5,005,547 53,307 462,938 7,298,488 (2,702,572)
Total Revenue For Last Five Years 1,536,829$ 5,182,783$ 29,706,092$
Result : Five Year Spent Test Met in accordance with Government Code 66001
Capital Improvement Facilities FY 17/18 Committed % Complete % funded with fee
151609 North La Quinta Regional Skate and BMX 45,000 3,346,797 6%97%
151611 Cove Trailhead Improvements 145 - 100%100%201604 Fritz Burns Park Tenis and Pickleball Court
Conversion 367,279 - 100%100%
201608 SilverRock Event Space Park 50,514 3,495,691 7%97%
201801 Cove Trail Public Restrooms - 456,000 0%100%
Total 462,938$ 7,298,488$
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.
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Infrastructure Fee (Fund 225)
Government Code 66000 Calculation
FYE 6/30/2018
Beginning Ending
Account Description Fund Balance FY 17/18 Fund Balance
Revenues & Other Sources:
Developer Fees -
Interest Income 182
Reimbursements -
Total Sources 182$
Expenditures & Other Uses
Capital Projects -
Project Administration/Internal Engineering -
Other -
Total Uses -
Total Available 23,732$ 182$ 23,914$
Five Year Test
Using First In First Out Method
Beginning
Fund Balance
Revenues
Collected Expenditures Committed Unspent
Revenues Collected from 2014 23,136 72 - 23,208
Revenues Collected from 2015 23,208 132 - - 23,339
Revenues Collected from 2016 22,339 279 - 22,618 0
Revenues Collected from 2017 23,618 114 - 22,618 1,114
Revenues Collected from 2018 23,732 182 - 22,618 1,296
Total Revenue For Last Five Years 778$ -$ 67,854$
Result : Five Year Spent Test Met in accordance with Government Code 66001
Capital Improvement Facilities FY 17/18 Committed % Complete % funded with fee
151603 La Quinta Village Complete Streets - Road
Diet - 22,618 0%1%
Total - 22,618$
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.
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La Quinta Development Project Fee Report
Transportation DIF (Fund 250)
Government Code 66000 Calculation
FYE 6/30/2018
Activity Unit of Measure Transportation
Residential - Single Family Detached Unit 2,842$
Residential - Single Family Attached Unit 2,842$
Residential - Multi Family and Other Unit 1,745$
Office/Hospital Unit 4,645$
General Commercial 1,000 sq ft 5,679$
Tourist Commercial 1,000 sq ft 1,590$
Golf Course Acre 669$
Beginning Ending
Account Description Fund Balance FY 17/18 Fund Balance
Revenues & Other Sources:
Developer Fees 509,221
Interest Income 30,144
Miscellaneous 0
Transfers In -
Total Sources 539,365
Expenditures & Other Uses 400,002
Transfers out Capital Projects 697,809
Total Uses 1,097,811
Total Available 3,656,826$ (558,446)$ 3,098,380$
Five Year Test
Using First In First Out Method
Beginning Fund
Balance
Revenues
Collected Expenditures Committed Unspent
Revenues Collected from 2014 155,586 1,399,090 35,194 35,194 1,484,288
Revenues Collected from 2015 1,519,482 4,031,623 1,787,715 1,787,715 1,975,675
Revenues Collected from 2016 3,763,390 487,907 779,896 6,745,168 (3,273,767)
Revenues Collected from 2017 3,471,401 388,472 203,047 3,595,274 61,552
Revenues Collected from 2018 3,656,826 539,365 1,097,811 2,551,507 546,873
Total Revenue For Last Five Years 6,846,457$ 3,903,663$ 14,714,858$
Result : Five Year Spent Test Met in accordance with Government Code 66001
Capital Improvement Facilities FY 17/18 Committed % Complete % funded with fee
091002 Madison Street Ave. 50 to Ave. 52 3,453 1,534,216 27%67%
091004 Dune Palms Road Street Improvements - 2,407 44%1%
111205 Dune Palms Bridge Improvement 117,347 48,513 8%2%
151602 Miles Avenue Median Island Landscaping 574,826 - 89%60%
151603 La Quinta Village Complete Streets - Road
Diet - 343,055 45%18%
151607 New Traffic Signal (Jefferson @ Dunbar Dr)(42,538) 42,538 58%50%
201702 Developer Reimbursements 400,002 400,000 100%100%
201709 Avenue 53 Jefferson Street Roundabout 44,722 180,778 3%11%
Total 1,097,811$ 2,551,507$
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.
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Parks & Rec DIF (Fund 251)
Government Code 66000 Calculation
FYE 6/30/2018
Activity Unit of Measure Transportation
Residential - Single Family Detached Unit 2,048$
Residential - Single Family Attached Unit 2,048$
Residential - Multi Family and Other Unit 2,048$
Beginning Ending
Account Description Fund Balance FY 17/18 Fund Balance
Revenues & Other Sources:
Developer Fees 335,872
Interest Income (6,762)
Miscellaneous
Transfers In
Total Sources 329,110
Expenditures & Other Uses -
Transfers Out Capital Projects -
Total Uses -
Total Available 558,795$ 329,110$ 887,905$
Five Year Test
Using First In First Out Method
Beginning Fund
Balance
Revenues
Collected Expenditures Committed Unspent
Revenues Collected from 2014 (1,052,040) 585,784 3,231 1,169 (470,656)
Revenues Collected from 2015 (469,486) 610,919 908 2,592 137,933
Revenues Collected from 2016 140,525 218,177 - 358,702 0
Revenues Collected from 2017 358,702 200,093 - -558,795
Revenues Collected from 2018 558,795 329,110 - -887,905
Total Revenue For Last Five Years 1,944,083$ 4,139$ 362,463$
Result : Five Year Spent Test Met in accordance with Government Code 66001
Capital Improvement Facilities FY 17/18 Committed % Complete % funded with fee
Total -$ -$
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.
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Civic Center DIF (Fund 252)
Government Code 66000 Calculation
FYE 6/30/2018
Activity Unit of Measure Transportation
Residential - Single Family Detached Unit 942$
Residential - Single Family Attached Unit 796$
Residential - Multi Family and Other Unit 447$
Office/Hospital Unit 373$
General Commercial 1,000 sq ft 373$
Tourist Commercial 1,000 sq ft 363$
Golf Course Acre 179$
Beginning Ending
Account Description Fund Balance FY 17/18 Fund Balance
Revenues & Other Sources:
Developer Fees 145,477
Interest Income 17
Miscellaneous
Transfers In
Total Sources 145,494
Advance Interest Expense 79,286
Total Uses 79,286
Total Available (7,169,261)$ 66,208$ (7,103,053)$
Five Year Test
Using First In First Out Method
Beginning Fund
Balance
Revenues
Collected Expenditures Committed Unspent
Revenues Collected from 2014 (7,305,489) 224,260 231,261 - (7,312,490)
Revenues Collected from 2015 (7,312,490) 290,145 237,123 55,277 (7,314,745)
Revenues Collected from 2016 (7,259,468) 109,007 61,546 - (7,212,007)
Revenues Collected from 2017 (7,212,007) 98,740 55,994 - (7,169,261)
Revenues Collected from 2018 (7,169,261) 145,494 79,286 - (7,103,053)
Total Revenue For Last Five Years 867,646$ 665,210$ 55,277$
Result : Five Year Spent Test Met in accordance with Government Code 66001
Capital Improvement Facilities FY 17/18 Committed % Complete % funded with fee
General Fund loan repayment (City Hall expansion)*79,286
Total 79,286$ -$
* Loan repayment interest rate is based on the average quartery investment yield of the City's investment portfolio.
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.
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La Quinta Development Project Fee Report
Library DIF (Fund 253)
Government Code 66000 Calculation
FYE 6/30/2018
Activity Unit of Measure Transportation
Residential - Single Family Detached Unit 344$
Residential - Single Family Attached Unit 344$
Residential - Multi Family and Other Unit 344$
Beginning Ending
Account Description Fund Balance FY 17/18 Fund Balance
Revenues & Other Sources:
Developer Fees 56,416
Interest Income
Miscellaneous
Transfers In
Total Sources 56,416
Advance Interest Expense 19,138
Total Uses 19,138
Total Available (1,609,835)$ 37,278$ (1,572,557)$
Five Year Test
Using First In First Out Method
Beginning Fund
Balance
Revenues
Collected Expenditures Committed Unspent
Revenues Collected from 2014 (1,841,056) 98,333 7,428 2,072 (1,752,223)
Revenues Collected from 2015 (1,750,152) 103,949 8,577 - (1,654,779)
Revenues Collected from 2016 (1,654,779) 36,464 12,686 - (1,631,001)
Revenues Collected from 2017 (1,631,001) 34,056 12,890 - (1,609,835)
Revenues Collected from 2018 (1,609,835) 56,416 19,138 - (1,572,557)
Total Revenue For Last Five Years 329,218$ 60,719$ 2,072$
Result : Five Year Spent Test Met in accordance with Government Code 66001
Capital Improvement Facilities FY 17/18 Committed % Complete % funded with fee
Successor Agency loan repayment (construction of
public library facility)*19,138
Total 19,138$ -$
* Loan repayment interest rate is based on the average quartery investment yield of the City's investment portfolio.
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.
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Community Center DIF (Fund 254)
Government Code 66000 Calculation
FYE 6/30/2018
Activity Unit of Measure Transportation
Residential - Single Family Detached Unit 129$
Residential - Single Family Attached Unit 129$
Residential - Multi Family and Other Unit 129$
Beginning Ending
Account Description Fund Balance FY 17/18 Fund Balance
Revenues & Other Sources:
Developer Fees 21,156
Interest Income 837
Miscellaneous
Transfers In
Total Sources 21,993
Advance Interest Expense
Total Uses -
Total Available 114,964$ 21,993$ 136,956$
Five Year Test
Using First In First Out Method
Beginning Fund
Balance
Revenues
Collected Expenditures Committed Unspent
Revenues Collected from 2014 1,213,777 39,764 1,206,191 47,350
Revenues Collected from 2015 47,350 39,430 - - 86,780
Revenues Collected from 2016 86,780 14,859 - 101,639 0
Revenues Collected from 2017 101,639 13,325 - 101,600 13,364
Revenues Collected from 2018 114,964 21,993 - 101,639 35,317
Total Revenue For Last Five Years 129,370$ 1,206,191$ 304,878$
Result : Five Year Spent Test Met in accordance with Government Code 66001
Capital Improvement Facilities FY 17/18 Committed % Complete % funded with fee
151609 La Quinta X Park Youth Center 101,639 2%3%
Total -$ 101,639$
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.
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Street Maintenance DIF (Fund 255)
Government Code 66000 Calculation
FYE 6/30/2018
Activity Unit of Measure Transportation
Residential - Single Family Detached Unit 116$
Residential - Single Family Attached Unit 116$
Residential - Multi Family and Other Unit 71$
Office/Hospital Unit 190$
General Commercial 1000 sq ft 232$
Tourist Commercial 1000 sq ft 65$
Golf Course Acre 27$
Beginning Ending
Account Description Fund Balance FY 17/18 Fund Balance
Revenues & Other Sources:
Developer Fees 20,782
Interest Income
Miscellaneous
Transfers In 6,567
Total Sources 27,349
Advance Interest Expense 21,296
Total Uses 21,296
Total Available (1,897,647)$ 6,053$ (1,891,594)$
Five Year Test
Using First In First Out Method
Beginning Fund
Balance
Revenues
Collected Expenditures Committed Unspent
Revenues Collected from 2014 (2,009,184) 50,422 8,229 1,771 (1,968,762)
Revenues Collected from 2015 (1,966,991) 69,453 9,757 243 (1,907,538)
Revenues Collected from 2016 (1,907,295) 22,325 16,581 - (1,901,551)
Revenues Collected from 2017 (1,901,551) 19,095 15,191 - (1,897,647)
Revenues Collected from 2018 (1,897,647)$ 27,349 21,296 - (1,891,594)
Total Revenue For Last Five Years 188,644$ 71,054$ 2,014$
Result : Five Year Spent Test Met in accordance with Government Code 66001
Capital Improvement Facilities FY 17/18 Committed % Complete % funded with fee
General Fund loan repayment (Phase 1 Corporate
Yard)*21,296
Total 21,296$ -$
* Loan repayment interest rate is based on the average quartery investment yield of the City's investment portfolio.
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.
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Park Maintenance DIF (Fund 256)
Government Code 66000 Calculation
FYE 6/30/2018
Activity Unit of Measure Transportation
Residential - Single Family Detached Unit 40$
Residential - Single Family Attached Unit 40$
Residential - Multi Family and Other Unit 40$
Beginning Ending
Account Description Fund Balance FY 17/18 Fund Balance
Revenues & Other Sources:
Developer Fees 6,560
Interest Income 10
Miscellaneous
Transfers In
Total Sources 6,570
Transfers Out 6,567
Total Uses 6,567
Total Available 2$ 3$ 5$
Five Year Test
Using First In First Out Method
Beginning Fund
Balance
Revenues
Collected Expenditures Committed Unspent
Revenues Collected from 2014 1 11,502 11,503 - 1
Revenues Collected from 2015 1 11,904 11,902 - 2
Revenues Collected from 2016 2 4,243 4,244 - 2
Revenues Collected from 2017 2 3,969 3,969 - 2
Revenues Collected from 2018 2 6,570 6,567 - 5
Total Revenue For Last Five Years 38,189$ 38,185$ -$
Result : Five Year Spent Test Met in accordance with Government Code 66001
Capital Improvement Facilities
Capital Improvement Facilities FY 17/18 Committed % Complete % funded with fee
General Fund loan repayment (Transfer Out to Fund
255, Street Maintenace Fund - Phase 1 Corporate
Yard)*6,567
Total 6,567$ -$
* Loan repayment interest rate is based on the average quartery investment yield of the City's investment portfolio.
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.
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Fire Protection DIF (Fund 257)
Government Code 66000 Calculation
FYE 6/30/2018
Activity Unit of Measure Transportation
Residential - Single Family Detached Unit 433$
Residential - Single Family Attached Unit 366$
Residential - Multi Family and Other Unit 206$
Office/Hospital Unit 171$
General Commercial 1000 sq ft 172$
Tourist Commercial 1000 sq ft 167$
Golf Course Acre 82$
Beginning Ending
Account Description Fund Balance FY 17/18 Fund Balance
Revenues & Other Sources:
Developer Fees 66,456
Interest Income
Miscellaneous
Transfers In
Total Sources 66,456
Advance Interest Expense 4,634
Total Uses 4,634
Total Available (552,665)$ 61,823$ (490,843)$
Five Year Test
Using First In First Out Method
Beginning Fund
Balance
Revenues
Collected Expenditures Committed Unspent
Revenues Collected from 2014 (867,852) 104,615 3,402 98 (766,737)
Revenues Collected from 2015 (766,639) 131,990 3,570 - (638,219)
Revenues Collected from 2016 (638,219) 50,120 5,385 - (593,484)
Revenues Collected from 2017 (593,484) 45,399 4,581 - (552,666)
Revenues Collected from 2018 (552,665) 66,456 4,634 - (490,843)
Total Revenue For Last Five Years 398,580$ 21,571$ 98$
Result : Five Year Spent Test Met in accordance with Government Code 66001
Capital Improvement Facilities FY 17/18 Committed % Complete % funded with fee
General Fund loan repayment (Development of
northern fire station)*4,634
Total 4,634$ -$
* Loan repayment interest rate is based on the average quartery investment yield of the City's investment portfolio.
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.
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La Quinta Development Project Fee Report ATTACHMENT 2
Developer Agreement Activity (Fund 217)
FYE 6/30/2018
Date Project/Purpose Amount Interest Earned Expenses Total
10/9/2006 (Plaza Estado) Fee in lieu of Old Town Parking Requirement 136,215$ 1,611$ 80,996.67 56,830$
The following development agreement payment was received for development agreements entered into after January 1,
2004 in accordance with Government Code Section 65865
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