The City of Cloverdale levies development impact fees to finance the planning, design, construction and acquisition of public improvements including facilities and equipment necessary to accommodate future growth and development within the City pursuant to Government Code 66000 et seq. When collected, the fees are deposited into special capital facility accounts.
One of the mandated accounting guidelines, as stated in Government Code 66006(a), provides that the City shall establish separate accounts for each type of improvement funded by development impact fees. The City maintains separate capital accounts for Public Facilities including public safety (Police), Civic Center and the Corporation Yard, parks and recreation facilities, Quimby Act parkland acquisition, Non-Quimby Act parkland acquisition, administration, water capacity, wastewater capacity, street and thoroughfares, storm drainage, fire facilities, and heath care facilities.
Each local agency is required within 180 days after the last day of each fiscal year to make available to the public the following information: the amount of the fees, interest earned on the balance of those fees collected, other income in the account, and the amount of expenditure for each public facility or improvement made from the account during the year. The City posts notice on our website of the availability of the development impact fee information.
The report will be considered by the City Council at their meeting on Tuesday, August 23rd at 6:30 p.m. or soon thereafter as may be heard. A copy of the AB 1600 Mitigation Fee report can be found here.