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6.1H Page 5 Overview This report contains information on the City of Redwood City's transportation impact fees for the fiscal year beginning July 1, 2005 and ending June 30, 2006 (Fiscal Year 2005/2006). The information presented 'is to comply with the reporting requirements contained in Government Code sections 66000 et seq., "Fees for Development Projects," frequently identified as AB1600. Note that this Account Report is not a bUdget document, but rather is published to meet State reporting requirements. It is not intended to present a full picture of currently planned projects as it only reports revenues and expenditures for the subject fiscal years. The following information is provided for the transportation impact fee for Fiscal Year 2005/2006: · A brief description of the fee · The amount of the fee · The beginning fund balance of the fee account · The amount of fees collected . The amount of interest earned . The ending fund balance of th.e fee a~count . A list of each project on which the fee was expended · The total expenditure amounts on each project from all funding soorces · The total expenditure amounts of each project funded from the fee · The total percentage of the project that was funded with the fee Under subsection (d) of Government Code section 66001, findings are required with respect to the portion of fees remaining unexpended for the fifth fiscal year following their first deposit into the account, and every five years thereafter. Such findings were made one year ago for fiscal year 2004/2005, which was the fifth year fof/owing. the first deposit, and will not be required again for another four years. Therefore, for the fiscal year ended June 30, 2006 (fiscal year 2005/2006), no findings are required for the transportation impact fee at this time. Further, no refunds were required pursuant to subsection (d), (e), or (f) of Government Code Section 66001. In addition to specific projects and -locations, the City of Redwood City's capital improvement plan includes responsive transportation mitigation programs that cannot specify in advance a particular improvement or location with an established estimated construction date. Thus, part of the fee is applied toward a series of capital improvements and traffic reduction measures, such as crosswalk warning lights, traffic calming measures, shuttles, and other projects, which will be built or operated between now and the year 2020, but for which no specific dates of construction or implementation can be identified at this time, Because the City of Redw,ootl City needs many transportation improvement projects that can adapt to evolving conditions caused by growth, a more flexible system of administration with a 20-year horizon is required. It is not possible for the City of