RES 95068 - Laserfiche WebLink

and a facilities fee. As a result, revenue sources and amounts may change. However, because these fee changes have not yet been reviewed or approved by the Council, all years show funding from existing revenue sources. A presentation and review of the proposed new fees is expected shortly. Listed below is a table which compares Council approved growth management allocations with staff estimate of the number of units which will pay fees during the term of this program. Because growth management is allocated on a calendar year basis, there is not a direct correlation to the fee collections which are estimated on a fiscal year basis. COMPARISON OF GROWTH MANAGEMENT APPROVALS WITH ESTIMATED NUMBER OF UNITS TO PAY FEES GROWTH ESTIMATED NO. MANAGEMENT OF UNITS TO CALENDAR YEAR APPROVALS FISCAL YEAR PAY FEES 1995 782 FY 1995/96 437 1996 779 FY 1996/97 689 1997 781 FY 1997/98 653 1998 491 FY 1998/99 500 1999 232 FY 1999/00 500 TOTAL 3,065 TOTAL 2,779 Based on the above estimated number of units expected to pay fees, a total of $17,001,376 in revenue is expected to be generated from this funding source over the next five years. However, in lieu Park Dedication Fee revenue from the proposed Spanish Oaks/Prudential development ($1,348,578/462 units) and the Signature Properties Hacienda Business Park development ($429,093/216 units) is not included in the Parks category. However, the number of units expected to be generated from these developments is reflected in the unit totals above because the projects are expected to pay other types of development fees. A yearly summary of revenues from specific development fees shown in the year they are expected to be collected, is as follows: DEVELOPMENT-RELATED FEES/CONTRIBUTIONS WATER CONNECT/ON $ 514.100 $ 622,960 $ 579,760 $ 567.100 $ 558.960 $2,842.880 SEWER CONNECTION 261,700 327.830 308.430 269.252 262.772 1.429,984 PARK DEDICATION 731,467 309.022 161.173 303.717 569.654 2.075.033 RI:-~n~ENTIAL CON~'TRUCTION 200.527 266,949 244.973 214,924 200.071 1,127,444 CAPITAL IMPROVEMENT 229.425 361.725 342.825 262.500 262.500 1.458,975 GROWTH MANAGEMENT PUBLIC 305.250 504,750 486.000 372,000 375,000 2,043,000 NEEDS GROWTH MANAGEMENT- 770,000 1,350.800 1.329.200 I, 138,000 ! ,397,200 5,985.200 CAPITAL IMPROVEMENTS DEVELOPER CONTRIBUTIONS 26,860 12.000 38.860 TOTAL $3.012.469 $3.744.036 $3.479.221 $3.139,493 $3.626.157 $17.001.376 vi