FY 2022-23 DIF Funds Annual Report AB 1600City of La Quinta
CITY COUNCIL MEETING: December 19, 2023
STAFF REPORT
CONSENT CALENDAR ITEM NO. 16
AGENDA TITI : RECEIVE AND FILE FISCAL YEAR 2022/23 DEVELOPMENT
PROJECT FEE REPORT
RECOMMENDATIUN
Receive and file the fiscal year 2022/23 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 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 (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 three 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.
187
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. Unspent balances will be evaluated for
appropriation during the 2024/25 budget cycle.
Civic Center UIF (Fund 2b2)
Community Center DIF (Fund 254)
Street Maintenance DIF (Fund 255)
Park Maintenance DIF (Fund 256)
Fire Protection DIF (Fund 257)
Maintenance Facilities DIF (Fund 259)
$ 1,417,770
$ 855,319
$ 80,260
$ 7,559
$ 576,308
$ 311,683
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.
ALTERNATIVES
This is a state required report, staff does not recommend an alternative.
Prepared by: Virginia Ortega, Finance Manager
Approved by: Claudia Martinez, Finance Director
Jon McMillen, City Manager
Attachments: 1. FY 2022/23 Development Project Fee Report
2. FY 2022/23 Developer Agreement Activity Report
188
2023 AB 1600 Report
La Quinta Development Project Fee Report
Quimby Fees (Fund 220)
Government Code 66000 Calculation
FYE 6/30/2023
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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 22/23
Ending
Fund Balance
Developer Fees
Interest Income
Contributions from Property Owners
Transfers In
Beginning Fund
-
0
-
-
Expenditures
Total Revenue Sources
Unspent
0
Balance
Expenditures & Other Uses
Transfers out Capital Projects
96%
-
21,791
Park
Total Uses
4,595,916
21,791
1,296,611
4,714,876
(1,285,739
Revenues Collected from 2020
3,429,137
Total Available
$ (713,669)
$ (21,791)
$ (735,460)
Five Year Test
FY 22/23
Using First In First Out Method
% Completes
Fiscal Years Ending
Beginning Fund
Revenues
Expenditures
Committed
Unspent
151609 North La Quinta Regional Skate and BMX
Balance
Collected
96%
73%
Park
Revenues Collected from 2019
4,595,916
129,832
1,296,611
4,714,876
(1,285,739
Revenues Collected from 2020
3,429,137
69,689
1,933,252
2,781,625
(1,216,051
Revenues Collected from 2021
1,565,574
35,415
1,600,989
1,180,635
(1,180,635
Revenues Collected from 2022
-
-
713,669
466,967
(1,180,635
Revenues Collected from 2023
713,669
-
21,791
445,176
1,180,635
Total Revenue For Last Five Years
$ 234,936
$ 5,566,312
Result: Five Year Spent Test Met in accordance with Government Code 66001
Percentage completed as of 6/30/2023
189
FY 22/23
Committed
% Completes
% funded with
Capital Improvement Facilities
fee
151609 North La Quinta Regional Skate and BMX
21,791
182,491
96%
73%
Park
201903 Skate Park Conversion
-
262,685
0%
100%
Total
$ 21,791
$ 445,176
Percentage completed as of 6/30/2023
189
2023 AB 1600 Report
La Quinta Development Project Fee Report
Infrastructure Fee (Fund 225)
Government Code 66000 Calculation
FYE 6/30/2023
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 22/23
Ending
Fund Balance
Developer Fees'
Interest Income
Reimbursements
Unspent
294
-
23,914
Total Revenue Sources
4,543
$ 294
(3,924)
Expenditures & Other Uses
Capital Projects
Project Administration/Internal Engineering
20,104
-
-
1,410
Total Uses
(3,210)
-
19,408
(10)
-
22,618
(3,220)
Total Available
$ 18,948
$ 294
1 $ 19,242
Five Year Test
Usinq First In First Out Method
Fiscal Years Ending
Beginning Fund
Balance
Revenues
Collected
Expenditures
Committed
Unspent
Revenues Collected from 2019
23,914
733
4,543
24,028
(3,924)
Revenues Collected from 2020
20,104
715
1,410
22,618
(3,210)
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
Total Revenue For Last Five Years
Result : Five Year Spent Test Met in accordance with Government Code 66001
1,282 1 $ 5,953
Percentage completed as of 6/30/2023
'* The Infrastructure Fee is being phased out and not subject to collection of future revenue from developments.
190
FY 22/23
Committed
% Complete"
% funded with
Capital Improvement Facilities
fee
151603 La Quinta Village Complete Streets - Road
22,618
95%
0.18%
Diet
Total
-
$ 22,618
Percentage completed as of 6/30/2023
'* The Infrastructure Fee is being phased out and not subject to collection of future revenue from developments.
190
2023 AB 1600 Report
La Quinta Development Project Fee Report
Transportation DIF (Fund 250)
Government Code 66000 Calculation
FYE 6/30/2023
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 22/23
Ending
Fund Balance
Developer Fees
Interest Income
Miscellaneous
Transfers In
Beginning Fund
1,755,485
55,046
-
-
Expenditures
Total Revenue Sources
Unspent
1,810,531
Balance
Expenditures & Other Uses
Transfers out Capital Projects
53%
400,000
395,857
201709 Avenue 53 Jefferson Street Roundabout
Total Uses
3,098,380
795,857
1,391,880
4,971,752
(2,509,028)
Revenues Collected from 2020
2,462,724
Total Available
$ 4,503,469
$ 1,014,674
$ 5,518,142
Five Year Test
FY 22/23
Using First In First Out Method
% Complete*
Fiscal Years Ending
Beginning Fund
Revenues
Expenditures
Committed
Unspent
201702 Developer Reimbursements
Balance
Collected
53%
100%
201709 Avenue 53 Jefferson Street Roundabout
Revenues Collected from 2019
3,098,380
756,223
1,391,880
4,971,752
(2,509,028)
Revenues Collected from 2020
2,462,724
801,997
943,219
4,897,398
(2,575,896)
Revenues Collected from 2021
2,321,502
688,043
745,418
4,356,480
(2,092,353)
Revenues Collected from 2022
2,266,489
2,636,980
400,000
3,956,480
546,989
Revenues Collected from 2023
4,503,469
1,810,531
795,857
3,519,775
1,998,367
Total Revenue For Last Five Years
$ 6,693,774
$ 4,276,374
Result: Five Year Spent Test Met in accordance with Government Code 66001
Capital Improvement Facilities
FY 22/23
Committed
% Complete*
% funded with fee
111205 Dune Palms Bridge Improvement
16,956
56,799
24%
1%
201702 Developer Reimbursements
-
2,400,000
53%
100%
201709 Avenue 53 Jefferson Street Roundabout
375,121
-
92%
13%
201902 Avenue 50 Bridge Spanning the Evacuation
Channel
2,380
965,501
0.13%
6%
202205 Avenue 50 Widening Improvements
1,400
97,475
2.53%
100%
Total
$ 395,857
$ 3,519,775
191
2023 AB 1600 Report
La Quinta Development Project Fee Report
Parks & Rec DIF (Fund 251)
Government Code 66000 Calculation
FYE 6/30/2023
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 22/23
Ending
Fund Balance
Developer Fees
Interest Income
Miscellaneous
Transfers In
Unspent
966,433
(2,777)
-
887,905
Total Revenue Sources
4,542
963,656
(1,138,637)
Expenditures & Other Uses
Transfers Out Capital Projects
1,262,773
-
28,715
1,441,697
Total Uses
(665,686)
28,715
294,027
322,133
962,469
2,844
(349,153)
Total Available
$ 674,268
$ 934,941
$ 1,609,209
Five Year Test
Usinq First In First Out Method
Fiscal Years Ending
Beginning Fund
Balance
Revenues
Collected
Expenditures
Committed
Unspent
Revenues Collected from 2019
887,905
379,411
4,542
2,401,410
(1,138,637)
Revenues Collected from 2020
1,262,773
472,951
1,441,697
959,713
(665,686)
Revenues Collected from 2021
294,027
322,133
962,469
2,844
(349,153)
Revenues Collected from 2022
(346,309)
1,020,577
-
-
674,268
Revenues Collected from 2023
674,268
963,656
28,715
474,129
1,135,080
Total Revenue For Last Five Years
1 $ 3,158,728
$ 2,437,423
Result : Five Year Spent Test Met in accordance with Government Code 66001
Percentage completed as of 6/30/2023
192
FY 22/23
Committed
% Complete"
% funded with
Capital Improvement Facilities
fee
201722 Fritz Burns Park Sidewalk & Parking Lot
-
2,844
97%
6%
202102 Fritz Burns Park Improvements
28,715
471,285
10%
59%
Total
$ 28,715
$ 474,129
Percentage completed as of 6/30/2023
192
2023 AB 1600 Report
La Quinta Development Project Fee Report
Civic Center DIF (Fund 252)
Government Code 66000 Calculation
FYE 6/30/2023
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 22/23
Ending
Fund Balance
Developer Fees
Interest Income
Miscellaneous
Transfers In
Unspent
530,615
10,624
-
-
(7,103,053)
Total Revenue Sources
(7,004,993)
541,239
78,330
Expenditures & Other Uses
79,740
75
1,411
Total Uses
301,271
75
301,271
197,349
-
-
498,620
Total Available
$ 1,126,531
1 $ 541,164
1 $ 1,667,695
Five Year Test
Usina First In First Out Method
Fiscal Years Ending
Beginning Fund
Balance
Revenues
Collected
Expenditures
Committed
Unspent
Revenues Collected from 2019'"
(7,103,053)
177,800
(7,004,993)
1,410
78,330
Revenues Collected from 2020
79,740
222,942
1,411
-
301,271
Revenues Collected from 2021
301,271
197,349
-
-
498,620
Revenues Collected from 2022
498,620
627,911
-
-
1,126,531
Revenues Collected from 2023
1,126,531
541,239
75
249,925
1,417,770
Total Revenue For Last Five Years
$ 1,767,241
$ (7,003,507)
Result : Five Year Spent Test Met in accordance with Government Code 66001
* Percentage completed as of 6/30/2023
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 $1,417,770 and will be included in the FY 2024/25 budget.
193
FY 22/23
Committed
% Complete'
% funded with
Capital Improvement Facilities
fee
202202 City Hall Capacity Improvements
$ 75
249,925
0%
31%
Total
$ 75
$ 249,925
* Percentage completed as of 6/30/2023
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 $1,417,770 and will be included in the FY 2024/25 budget.
193
2023 AB1600 Report
La Quinta Development Project Fee Report
Library DIF (Fund 253)
Government Code 66000 Calculation
FYE 6/30/2023
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 22/23
Ending
Fund Balance
Developer Fees
Interest Income
Miscellaneous
Transfers In
Beginning Fund
180,153
0
1,118,627
Total Revenue Sources
100%
180,153
Balance
Expenditures & Other Uses
Advance Interest Expense
Expenditures
-
25,504
Unspent
Total Uses
(1,572,557)
25,504
35,480
1,549,846
(3,100,091)
Revenues Collected from 2020
(1,550,245)
Total Available
$ (1,273,276)1
$ 154,649
1 $ (1,118,627)
Five Year Test
FY 22/23
Using First In First Out Method
% Complete `
Fiscal Years Ending
Beginning Fund
Revenues
1,118,627
55%
100%
public library facility) *'
Balance
Collected
Expenditures
Committed
Unspent
Revenues Collected from 2019
(1,572,557)
57,792
35,480
1,549,846
(3,100,091)
Revenues Collected from 2020
(1,550,245)
75,336
30,278
1,505,187
(3,010,374)
Revenues Collected from 2021
(1,505,187)
61,508
15,133
1,458,789
(2,917,601)
Revenues Collected from 2022
(1,458,812)
196,648
11,112
1,273,276
(2,546,552)
Revenues Collected from 2023
1,273,276
180,153
25,504
1,118,627
2,237,254
Total Revenue For Last Five Years
$ 571,437
$ 117,507
Result : Five Year Spent Test Met in accordance with Government Code 66001
Capital Improvement Facilities
FY 22/23
Committed
% Complete `
% funded with fee
Successor Agency loan repayment (construction of
25,504
1,118,627
55%
100%
public library facility) *'
Total
$ 25,504
$ 1,118,627
" Percentage completed as of 6/30/2023
** Loan repayment interest rate is based on the average quarterly investment yield of the City's investment portfolio.
As of 6/30/2023 the outstanding loan balance was: Principal 1,118,627
Interest -
Total Due 1,118,627
194
2023 AB 1600 Report
La Quinta Development Project Fee Report
Community Center DIF (Fund 254)
Government Code 66000 Calculation
FYE 6/30/2023
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 22/23
Ending
Fund Balance
Developer Fees
Interest Income
Miscellaneous
Transfers In
Beginning Fund
401,734
4,745
-
-
Expenditures
Total Revenue Sources
Unspent
406,479
Balance
Expenditures & Other Uses
Transfers Out Capital Projects
6%
-
Total
Total Uses
136,956
-
4,542
103,049
55,842
Revenues Collected from 2020
158,891
Total Available
$ 573,841
$ 406,479
$ 980,319
Five Year Test
FY 22/23
Using First In First Out Method
% Complete
Fiscal Years Ending
Beginning Fund
Revenues
Expenditures
Committed
Unspent
201901 Village Art Plaza Promenade & Cultural Campus
Balance
Collected
6%
4%
Total
Revenues Collected from 2019
136,956
26,477
4,542
103,049
55,842
Revenues Collected from 2020
158,891
35,272
1,410
101,639
91,114
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
Total Revenue For Last Five Years
$ 950,953
$ 107,591
Result : Five Year Spent Test Met in accordance with Government Code 66001
Percentage completed as of 6/30/2023
Projects are being evaluated for the unspent balance of $855,319 and will be included in the FY 2024/25 budget.
195
FY 22/23
Committed
% Complete
% funded with
Capital Improvement Facilities
fee
201901 Village Art Plaza Promenade & Cultural Campus
-
125,000
6%
4%
Total
$
$ 125,000
Percentage completed as of 6/30/2023
Projects are being evaluated for the unspent balance of $855,319 and will be included in the FY 2024/25 budget.
195
2023 AB1600 Report
La Quinta Development Project Fee Report
Street Maintenance DIF (Fund 255)
Government Code 66000 Calculation
FYE 6/30/2023
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 22/23
Ending
Fund Balance
Developer Fees
Interest Income
Miscellaneous
Transfers In
Beginning Fund
3,360
1,115
-
-
Expenditures
Total Revenue Sources
Unspent
4,475
Balance
Expenditures & Other Uses
-
Total Uses
(1,891,594)
0
(1,871,689)
1,410
8,879
Revenues Collected from 2020
10,289
Total Available
$ 75,785
$ 4,475
$ 80,260
Five Year Test
FY 22/23 Committed
Using First In First Out Method
% funded with
fee
Fiscal Years Ending
Beginning Fund
Revenues
Expenditures
Committed
Unspent
Balance
Collected
Revenues Collected from 2019"
(1,891,594)
30,194
(1,871,689)
1,410
8,879
Revenues Collected from 2020
10,289
30,251
1,410
-
39,130
Revenues Collected from 2021
39,130
4,158
-
43,288
Revenues Collected from 2022
43,288
32,497
75,785
Revenues Collected from 2023
75,785
4,475
0
80,260
Total Revenue For Last Five Years
$ 101,575
$ (1,870,279)
Result: Five Year Spent Test Met in accordance with Government Code 66001
Capital Improvement Facilities
FY 22/23 Committed
% Complete "
% funded with
fee
Total
$ - $
Percentage completed as of 6/30/2023
" 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 $80,260 and will be included in the FY 2024/25 budget.
196
2023 AB 1600 Report
La Quinta Development Project Fee Report
Park Maintenance DIF (Fund 256)
Government Code 66000 Calculation
FYE 6/30/2023
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 22/23
Ending
Fund Balance
Developer Fees
Interest Income
Miscellaneous
Transfers In
Unspent
1,600
61
5
Total Revenue Sources
8,508
1,661
(3,192)
Expenditures & Other Uses
Transfers Out
(1,782)
-
-
1,410
Total Uses
5,723
0
5,723
272
-
5,995
Total Available
$ 5,898
$ 1,661
$ 79559
Five Year Test
Using First In First Out Method
Fiscal Years Ending
Beginning Fund
Balance
Revenues
Collected
Expenditures
Committed
Unspent
Revenues Collected from 2019 "
5
6,722
8,508
1,410
(3,192)
Revenues Collected from 2020
(1,782)
8,915
1,410
-
5,723
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
Total Revenue For Last Five Years $ 17,472 $ 9,918
Result : Five Year Spent Test Met in accordance with Government Code 66001
Capital Improvement Facilities
FY 22/23
Committed
% Complete
% funded with
fee
Total
$ -
$ -
* Percentage completed as of 6/30/2023
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.
197
2023 AB 1600 Report
La Quinta Development Project Fee Report
Fire Protection DIF (Fund 257)
Government Code 66000 Calculation
FYE 6/30/2023
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 22/23
Ending
Fund Balance
Developer Fees
Interest Income
Miscellaneous
Transfers In
Beginning Fund
162,923
4,082
-
-
Expenditures
Total Revenue Sources
Unspent
167,005
Balance
Expenditures & Other Uses
-
Total Uses
(490,843)
0
(444,154)
1,410
33,663
Revenues Collected from 2020
35,073
Total Available
$ 409,304
$ 167,005
$ 576,308
Five Year Test
FY 22/23
Using First In First Out Method
% Complete "
Fiscal Years Ending
Beginning Fund
Revenues
Expenditures
Committed
Unspent
Total
Balance
Collected
Revenues Collected from 2019
(490,843)
81,761
(444,154)
1,410
33,663
Revenues Collected from 2020
35,073
102,373
1,410
-
136,036
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
-
576,308
Total Revenue For Last Five Years
1
J$ 624,406
1 $ (442,744)
Result : Five Year Spent Test Met in accordance with Government Code 66001
Capital Improvement Facilities
FY 22/23
Committed
% Complete "
% funded with
fee
Total
$ -
$
Percentage completed as of 6/30/2023
'* 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 $576,308 and will be included in the FY 2024/25 budget.
198
2023 AB 1600 Report
La Quinta Development Project Fee Report
Maintenance Facilities DIF (Fund 259)
Government Code 66000 Calculation
FYE 6/30/2023
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 22/23
Ending
Fund Balance
Developer Fees
Interest Income
Miscellaneous
Transfers In
Committed
130,311
1,277
-
-
Total Revenue Sources
Balance
131,588
$ -
Expenditures & Other Uses
-
Total Uses
47,015
-
47,015
Revenues Collected from 2022
47,015
Total Available
$ 180,095
$ 131,588
$ 311,683
Five Year Test
Usina First In First Out Method
Fiscal Years Ending
FY 22/23
Beginning Fund
Revenues
Expenditures
Committed
Unspent
Balance
Collected
$ -
$ -
Revenues Collected from 2021
-
47,015
-
47,015
Revenues Collected from 2022
47,015
133,080
180,095
Revenues Collected from 2023
$ 180,095
131,588
311,683
Total Revenue For Last Five Years
$ 311,683
$ -
Result: Five Year Spent Test Met in accordance with Government Code 66001
Capital Improvement Facilities
FY 22/23
Committed
% Complete.
% funded with
fee
Total
$ -
$ -
Percentage completed as of 6/30/2023
Projects are being evaluated for the unspent balance of $311,683 and will be included in the FY 2024/25 budget.
199
2023 AB1600 Report
La Quinta Development Project Fee Report
Developer Agreement Activity (Fund 401)
FYE 6/30/2023
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
DeveloperTotal
Balance
Revenues
Expenses
Total
3/8/2010
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/Griffin 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
Account No. 401-0000-228111
Revenue on Deposit
1
$ 1,070,548.21
11/30/2009
Lions Gate project 1821 sidewalk and landscaping
16,798.30
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
49,580.00
49,580.00
Account No. 401-0000-22210
$ 411,003.53
200
CITY COUNCIL MEETING - DECEMBER 19, 2023 - WRITTEN PUBLIC COMMENT BY DESERT VALLEY BUILDERS
ASSOCIATION; CONSENT CALENDAR ITEM NO.16 DEVELOPMENT PROJECT FEE REPORT - LETTER OF SATISFACTION
2023 BOARD OF DIRECTORS
PRESIDENT
Todd Hooks
Agua Caliente Band of
Cahuilla Indians
Immediate Past President
Deborah McGarrey
Southern Califoniia Gas Company
Is` VICE PRESIDENT
Tom Dubose
Dubose Design Group, Inc.
SECRETARY/TREASURER
Pedro Rincon
Osborne Rincon CPAs
VICE PRESIDENT
OF ASSOCIATES
Allan Levin
Allan Levin & Associates
CHIEF EXECUTIVE OFFICER
Gretchen Gutierrez
DIRECTORS
Fred Bell/2023 PAC Chairman
Nobel) Energy Solutions
Brian Benedetti
Brian Benedetti Construction
Mark Benedetti
Dede Callanan
CalBest Title
Mario Gonzales
GHA Companies
Joe Hayes
First Bank
Jeremy Roos
FreeVolt
Dave Lippert
Lippert Construction, Inc
Paul Mahoney
PMA Advertising
Bruce Maize
Orr Builders
Russ Martin
Mission Springs Water
District
Dan Olivier
Nethery Mueller Olivier
Alan Pace
Petra GeoSciences
Kevin Pillow
AC Houston Lumber
John Powell, Jr.
Coachella Valley Water District
Mike Rowe
MSA Consulting
Phil Smith
Sunrise Company
Alissa Vatter
Fidelity National Title
Jeff Wattenbarger
Wattenbarger Construction
A
desert valleys builders association
December 19, 2023
City of La Quinta
Claudia Martinez, Finance Director
78-495 Calle Tampico
La Quinta, CA 92253
Dear Ms. Martinez,
Thank you for providing the Desert Valleys Builders Association with the
opportunity to review and comment on the City of La Quinta's 2022/2023
Development Project Fee AB1600 Report.
After some initial comments and concerns the DVBA is satisfied that the
City has met its annual reporting obligations pursuant to the City Municipal
Code and the Mitigation Fee Act.
Respectfull
L
Gretc
Chief E
tierr
tive • ficer
34360 Gateway Drive • Palm Desert • CA 92211
(760) 776-7001 office • (760) 776-7002 fax
www.TheDVBA.org