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City of San Leandro <br />Meeting Date: December 16, 2013 <br />Staff Report <br />Agenda Section:File Number:13-596 CONSENT CALENDAR <br />Agenda Number:8.E. <br />TO:City Council <br />FROM:Chris Zapata <br />City Manager <br />BY:David Baum <br />Finance Director <br />FINANCE REVIEW:David Baum <br />Finance Director <br />TITLE:Staff Report for Resolution Approving and Confirming the Annual Report for <br />Development Fees for Street Improvements (DFSI) and Park Development <br />Fees for Fiscal Year 2012-13 <br />SUMMARY AND RECOMMENDATION <br />Staff recommends City Council approval of a resolution approving and confirming the City’s <br />fiscal year 2012-13 accounting for Street Improvement and Park development fees. Copies of <br />the reports are attached for review and approval. <br />BACKGROUND <br />Section 66006 of the Government Code requires an annual accounting of all development <br />fees to be made available to the public within 180 days of the close of the fiscal year. Such <br />report is now being made available to the public resulting from completion of the annual audit. <br />State law also requires the City Council to review and approve such reports that were made <br />available at a regularly scheduled public meeting. <br />DISCUSSION <br />Development Fees for Street Improvements are deposited into the Street/Traffic Improvement <br />Fund. This separate fund is used to account for development fee assessments levied to <br />provide partial payment of street and traffic improvement costs attributable to residential and <br />commercial growth. <br />Development Fees for Park acquisition and creation are deposited in the Park Development <br />Fees Fund. This separate fund is used to account for development fee assessments levied to <br />provide for the acquisition and/or creation of new park facilities which result from residential <br />growth. <br />Page 1 City of San Leandro Printed on 12/10/2013