Wednesday, 17 February 2010 00:45

Ione Reports ’08-’09 Mitigation Fee Data

Written by 
Rate this item
(0 votes)
slide5-ione_reports_08-09_mitigation_fee_data.pngAmador County – The Ione City Council on Tuesday received a report on last year’s development impact fees, including income and spending, as required to be reported to the public by state law. City Manager Kim Kerr gave the report to the city council, as prepared by City Finance Manager Colleen Pringle, with the help of the city attorney. Pringle prepared a report for fiscal year 2008-2009, which Kerr recommended the City Council receive, take public comment, and direct the city clerk to file. The report is on fees commonly known as development impact fees or public facility fees, and the report is open to the public for review. The report said Fire Services Impact Fees totaled less than $3,000, but the city (through that fund) spent more than a million dollars in the building of the new city fire station, doing so with fund transfers. The Fire Services fund had a beginning balance of negative $247,082 and a similar closing balance. The city spent $1.45 million on its new Fire Station Number 2 (completed last May 5th) and $25,000 on machinery and equipment. The Fire Services fund received $920,000 in interfund transfers or loans, including $278,000 from the General Fund, $600,000 from the Police Building Fund, and $25,000 from the General Administration Fund. The report listed no expenditures. The Police Services Impact Fee Fund had a beginning balance of $870,976 and an ending balance of $84,543. The Sewer Capital Fund began fiscal year 2008-2009 with a balance of $95,000, and ended with $227,000. The city collected $243,000 in the sewer fund, with expenditures totaling $560,000. Of that, $485,000 was paid for the Wastewater Master Plan. The rest went to ponds, monitoring wells and miscellaneous improvements. The report said $449,000 was transferred from sewer operations in fiscal year 2008-2009 for this fiscal year’s capital expenditures. Kerr said the “transfer is a result of the current negative beginning cash balance in the Sewer Capital Fund.” The Park and Recreation Impact Fees Fund collected $101,000 and spent $10,000, most of which went to the Howard Park Master Plan initial study. Its end balance was $249,000. The City Administration Facilities Impact Fees fund collected $33,000 in fees, made no expenditures and had an ending balance of $48,000. The city Local Traffic Mitigation Fee fund also made no expenditures in 2008-2009. It collected $95,000 in fees, and ended the year with a balance of $525,000. Story by Jim Reece This email address is being protected from spambots. You need JavaScript enabled to view it.
Read 491 times Last modified on Wednesday, 17 February 2010 05:16
Tom