AgdaPkt 2018-01-22 Joint SA PFA - Laserfiche WebLink

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7.A. - Page 26 Table J on the next page shows the Affordable Housing Impact Fees beginning fund balance for FY 2016-17, fees collected in FY 2016-17, total interest earned in the account, total project encumbrance amount for FY 2016-17, and ending balance of the Fund: Table J Beginning Fund Balance: $0 Fees Collected: $863,438 Interest Total: $2,398 Project Encumbrance ($21,828) Fund Balance: $844,008 4) An identification of each public improvement on which fees were expended and the amount of the expenditures on each improvement, including the total percentage of the cost of the public improvement that was funded with fees Table K - FY 16-17 Affordable Housing Impact Fee Projects Project Project Name Total YTD Total % of No. Expenditure Impact Expenditure (All Funding Fees Used Funded Sources) with Fee HHDC Stafford St. $1,099,000 $725,019 65.97% Apartments Acquisition Housing Projects $21,827.75 $21,828 100% Administration 5) An identification of an approximate date by which the construction of the public improvement will commence if the local agency determines that sufficient funds have been collected to complete financing on an incomplete public improvement and the public improvement remains incomplete The approximate date by which the construction of the public improvements is expected to commence for those projects with sufficient funds to complete financing is listed in Table L, at the end of the Affordable Housing Impact Fee section. 6) A description of each interfund transfer or loan made from the account or fund, including the public improvement on which the transferred or loaned fees will be expended, and, in the case of an interfund loan, the date on which the loan will be repaid, and the rate of interest that the account or fund will receive on the loan There were no interfund transfers or loans made from the fund.