16 - Laserfiche WebLink

Developer Fees as a Percentage of CIP Financial Resources 25.0% 20.0% 21.0% 15.0% 17.0% 10.0% 5.0% 2.0% 6.0% 0.0% FY 2009 -10 FY 2010 -11 FY 2011 -12 FY 2012 -13 As a comparison, the FY 2007 -08 CIP anticipated developer fee revenue comprising $8.7% of the CIP. For all four years, development fee related revenue represents approximately 19% of the financial resources. Grants Grants and loans from state and federal agencies continue to play an important role in funding City programs and services, and this CIP includes $40,000 in 2009 -10 from a Transportation Development Act grant for constructing improvements identified in the Pedestrian and Bicycle Lane Master Plan project. Based on experience, additional grant funding may become available as staff continues to pursue a range of project funding opportunities. Utility User's Fees The City has historically adjusted sewer and water rates to assure adequate funding of Sewer and Water replacement and improvement projects. To show the availability of Sewer and Water replacement funds, the water and sewer program is divided into expansion and replacement/improvement projects. Expansion projects are those funded by connection fees from development activities while replacement/ improvement projects are funded by utility user fees that are transferred from the Water and Sewer Maintenance and Operation funds (M 0) to the CIP for replacement /improvement projects, including debt service. While these funds are not transferable between each other, from time to time, the City Council has approved loans or other financing tools that allows this exchange. All details regarding the use of this funding is included in the Water and Sewer detailed financial sheets located in the Appendix. Revenue from the water and sewer maintenance and operation fund is as follows: 15