Reso25 16380 - Laserfiche WebLink

Browse Search

Annual and Five-Year Development Impact Fee Report Fiscal Year Ending June 30, 2025 City of Redwood City 1 INTRODUCTION AND BACKGROUND In California, State legislation sets certain legal and procedural parameters for the charging of development impact fees. This legislation was passed as AB 1600 by the California Legislature and is now codified as California Government Code Sections 66000 et seq. (“Mitigation Fee Act”). This State law went into effect on January 1, 1989. R equirements for Development Impact Fee Reporting The Mitigation Fee Act imposes certain accounting and reporting requirements with respect to the development impact fees collected. The fees must be deposited into separate accounts to avoid comingling the fees with the City’s other revenues or funds. Interest in each development fee fund or account must be credited to that fee fund or account and used only for those purposes for which the fees were collected. The Mitigation Fee Act also requires any local agency that imposes development impact fees to prepare an annual report and a five-year report that provide specific information about those fees. This report serves both of those functions and has been prepared for the City of Redwood City for the fiscal year (FY) ending June 30, 2025, in accordance with the provisions of the California Government Code Sections 66006 (b) and 66001 (d).1 In addition to development impact fees, the City also collects several in-lieu fees and capacity fees. In-lieu fees are an option offered to developers “in lieu,” or in place of, providing specific on-site public benefits such as on-site parking or public art requirements. Capacity fees are typically related to utilities such as water or wastewater and are used to cover costs of existing and future public facilities that are of proportional benefit to new development. This report also includes the requisite reporting information for the City’s in-lieu fees and capacity fees. Annual Report California Government Code Section 66006 (b) requires each local agency that imposes development impact fees under the Mitigation Fee Act to prepare an annual report providing specific information about those fees for the previous fiscal year. Specifically, Section 66006 (b) requires that for each separate account, the local agency shall make available to the public the information shown below for the most recent fiscal year. •66006 (b) (1) (A): A brief description of the type of fee in the account or fund. •66006 (b) (1) (B): The amount of the fees. 1 The water and wastewater capacity and facility fees are subject to the reporting requirements in Government Code section 66013(d), rather than the requirements in sections 66006(b) and 66001(d). Since the information required by sections 66006(b) and 66001(d) encompasses the information required by 66013(d), the City is complying with the water and wastewater capacity and facilities fee reporting requirements by including them in this AB 1600 report. ATTY/RESO.0124/CC RESO ACCEPTING THE DEVELOPMENT IMPACT FEES REPORT FOR FISCAL YEAR 2024-25 - ATTACHMENT A REV: 12-05-25 MI