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Finance Committee
Meeting Date: 11/29/2022  
FROM: Bill Gallardo

Annual Development Impact Fee Report and Five Year Findings for Fiscal Year Ended June 30, 2022
Receive and file.
The City Council established and adopted various Development Impact Fees in 1995 to pay for necessary infrastructure improvements, as well as infrastructure needed to support new development projects within Brea. These included Water, Traffic, Fire and Dispatch Impact Fees. An annual review of fees occurs with the budget process, with fee updates made as governed by the terms of the applicable impact fee ordinance or resolution.
Government Code § 66006, commonly referred to as AB1600, requires municipalities that impose Development Impact Fees undertake an annual accounting of such fees within 180 days after the close of the fiscal year and make this report available to the public. The report is to provide the beginning and ending balances for the fiscal year, the fees, interest income, expenditures, and any refunds pursuant to Government Code § 66001(f). In addition, for the fifth fiscal year following the first deposit into the account or fund, and every five years thereafter, the City is required to make all findings with respect to that portion of the account or fund remaining unexpended. All Development Impact Fees collected by the City of Brea are committed to capital projects or to finance infrastructure improvements.
Some of the needs for capital facilities to accommodate new growth identified during past impact fee nexus studies have been addressed by completing capital projects and purchasing specified equipment and facilities. Many of the Traffic and Water system improvements identified as necessary to accommodate future growth in the City have not been completed. The capital improvement program to meet those needs continues to make progress annually.
Traffic, Water, Dispatch and Fire Impact Fees have realized revenues and incurred expenditures as detailed in the Annual Report for Fiscal Year ended June 30, 2022. This item has no General Fund impact.
William Gallardo, City Manager
Prepared by:  Wade Whitman, Management Analyst
Concurrence: Michael Ho, P.E., Director of Public Works/City Engineer
                       Ryan Chapman, P.E., Assistant City Engineer
Annual Report
Five Year Findings Report

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