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In addition to issues related to forecasting revenue generated from the new City development fees, <br />consistent with the City's Development Impact Fee Report, the public facility development fees <br />collected must be used on specific projects identified in the Development Impact Fee Report. Included <br />in Section 4 of the Appendix, is a listing of the status of those projects in this CIP. Also, the unfunded <br />project list includes information which identifies which projects are eligible to receive revenue from <br />public facility development fees. Staff will continue to track these projects in future CIP's to assure that <br />revenue from the development fees is appropriately allocated to eligible projects. In addition, staff <br />anticipates a regular review of those projects in the Development Fee Impact Report to assure that they <br />are consistent with projected development impacts and the amount of fees required to mitigate those <br />impacts. <br /> <br />Because additional development related revenue could become available to the CIP if new development <br />not included as part of development related revenue is approved, it is difficult to estimate the total <br />amount of development revenue that could be available in this CIP. However, in general, development <br />related revenue as a percentage of total available CIP revenues will continue to decrease during the <br />course of the CIP. The reduction is related to development activity that is less then previous years and <br />additional general fund revenue transferred to the CIP to assure that the City meets its share of CIP <br />projects. Nevertheless, development related revenue continues to play an important role in this CIP. <br />The trend in development fees is outlined in the graph below. <br /> <br /> Developer Fees as a Percentage of <br /> CIP Financial Resources <br /> <br />16.0% <br /> <br />14.0% <br /> <br />10.00A <br /> <br /> 8.0% <br /> 6.0% <br /> <br />4.0°1o <br /> <br />2.0°1o <br /> <br />0.00/~ <br /> <br />FY 97-98 FY 98-99 FY 99-00 FY 00-01 FY 01-02 FY 02-03 <br /> <br />l~vdoper Contributions <br /> <br />In addition to revenue received through development fees, the. CIP includes $1,230,849 from <br />development contributions. Development contributions represents those revenues received from <br />developers which are specific projects designed to offset the impact of the development. The projects <br />receiving developer contributions are: <br /> <br />xiv <br /> <br /> <br />