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Annual and Five-Year Development Impact Fee Report <br />Fiscal Year Ending June 30, 2025 <br /> <br />City of Redwood City 28 <br />Table 21 Water Capacity Fee: FY 2024-25 Expenditures <br /> <br /> <br /> <br />Improvement Name <br />FY 2024-25 Account <br />Expenditures <br />Total <br />Project Costs [1] <br />Approximate Date <br />of Project <br />Commencement <br />FY 2024-25 <br />Expenditures as <br />% of Total Costs <br />CAPITAL EXPENDITURES <br />Annual Bond Repayments for Recycled Water <br />Facilities [1] [2]$992,466 $3,969,863 Annual 25.0% <br />Recycled Water Distribution System Phase 2 <br />Extension $1,533,260 $39,000,000 FY 2024-25 3.9% <br />Subtotal, Capital Expenditures $2,525,726 <br />OTHER EXPENDITURES <br />No Other Expenditures $0 <br />Subtotal, Other Expenditures $0 <br />TOTAL EXPENDITURES $2,525,726 <br />[1] Includes annual bond repayments for recycled water facilities such as tanks and pipe extensions, of which 25% is paid for by fee revenue. <br />Total project costs are based on repayment schedule. <br />[2] Includes expenditures made with revenues the former water capacity fee and water facilities fee and the new water capacity fee, which replaced <br />and consolidated the former fees and became effective on March 22, 2024. <br />ATTY/RESO.0124/CC RESO ACCEPTING THE DEVELOPMENT IMPACT FEES REPORT FOR FISCAL YEAR 2024-25 - ATTACHMENT A <br />REV: 12-05-25 MI <br />