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6.113. - Page 16 of 29 Attachment A 12/16/2019 Table F below shows the Park Impact Fees beginning fund balance for FY 18-19, fees collected in FY 18-19, total interest earned in the account, total project encumbrance amount for FY 18-19, and ending balance of the Fund: Table F Beginning Fund Balance: $17,858,722 Fees Collected: $176,382 Interest Total: $334,913 Misc. Grants/Donations: $0 Project Encumbrance: ($3,117,708) Fund Balance: $13,715,139 Fees remaining in the account balance will be used to fund projects that meet this purpose. In FY 18-19, there was a single project of 33 units that was approved and paid its park impact fees. The project is at 601 EI Camino Real and is a .38 mile walk from a park with active amenities. The Trust for Public Land, a non-profit dedicated to helping communities plan for livable communities, uses a .5 mile walk as the limit when calculating the walkability of parks. This equates to a 10 minute walk for an adult. 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 G - FY 18-19 Parks Impact Fee Proiects Project Project Name Total YTD Total Impact % of No. Expenditure (All Fees Used Expenditure Funding Sources) Funded with Fee 73490 Spinas Park Renovation $ 52,990 $ 52,990 100% 73943 Synthetic Play Fields $ 1,716,289 $ 676,246 40% Conversion 73957 RWS Library Playground $ 62,941 $ 62,941 100% 75594 Parks Needs Assessment $ 137,628 $ 137,628 100% Study 80148 Red Morton Armory $ 7,437,240 $ 3,744,906 50% Magical Bridge Development Impact Fees Report FY 2018-2019 Page 10 of 18