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HomeMy WebLinkAbout2020-01-06 e-packet@4:00Monday, January 6, 2020 4:00 PM City of South San Francisco P.O. Box 711 (City Hall, 400 Grand Avenue) South San Francisco, CA City Hall, City Manager's Conference Room 400 Grand Avenue, South San Francisco, CA Budget Standing Committee of the City Council Special Meeting Agenda January 6, 2020Budget Standing Committee of the City Council Special Meeting Agenda NOTICE IS HEREBY GIVEN, pursuant to Section 54956 of the Government Code of the State of California, the Budget Standing Committee of the City of South San Francisco will hold a Special Meeting on Monday, January 6, 2020 at 4:00 p.m., in City Hall, City Manager's Conference Room, 400 Grand Avenue, South San Francisco, California. Purpose of the meeting: Call To Order. Roll Call. Agenda Review. Public Comments. MATTERS FOR CONSIDERATION Motion to approve the Minutes for the meeting of June 12, 2019.1. Report regarding Comprehensive Annual Financial Report for fiscal year ended June 30, 2019. (Janet Salisbury, Director of Finance) 2. Report regarding submittal to the Successor Agency Oversight Board a Recognized Obligation Payment Schedule and Administrative Budget for the period July 1, 2020 through June 30, 2021. (Janet Salisbury, Director of Finance) 3. Report apprising the Budget Standing Committee of a recommended resolution for City Council to approve the Annual Impact Fee and Sewer Capacity Charge Report for Fiscal Year 2018-19. (Janet Salisbury, Director of Finance) 4. Adjournment. Page 2 City of South San Francisco Printed on 3/5/2020 City of South San Francisco Legislation Text P.O. Box 711 (City Hall, 400 Grand Avenue) South San Francisco, CA File #:19-1034 Agenda Date:1/6/2020 Version:1 Item #:1. Motion to approve the Minutes for the meeting of June 12, 2019. City of South San Francisco Printed on 1/2/2020Page 1 of 1 powered by Legistar™ City of South San Francisco Legislation Text P.O. Box 711 (City Hall, 400 Grand Avenue) South San Francisco, CA File #:19-1033 Agenda Date:1/6/2020 Version:1 Item #:2. Report regarding Comprehensive Annual Financial Report for fiscal year ended June 30,2019.(Janet Salisbury, Director of Finance) RECOMMENDATION Staff requests that the Budget Standing Committee accept the Fiscal Year 2018-19 Comprehensive Annual Financial Report for the City of South San Francisco (“FY2019 CAFR”)and appropriation recommendation regarding the General Fund surplus;and refer both items to the January 22,2019 City Council Meeting for full Council acceptance. BACKGROUND/DISCUSSION The following provides an overview of the City of South San Francisco’s financial results for the fiscal year that ended June 30, 2019. I.GENERAL FUND OVERVIEW The General Fund is the City’s main operating fund,where the bulk of the essential services delivered by departments such as Police,Fire,Library,Parks and Recreation,Economic and Community Development and City Administration are budgeted.The General Fund accounted for 41 percent of all operating revenues and 34 percent of operating expenditures in Fiscal Year (FY) 2018-19. As noted in the General Fund Summary,which is included as Attachment 1 of this report,in Fiscal Year (FY) 2018-19,the City received $121.9 million in General Fund operating revenues,which was $12.7 million or 11.6 percent above the amended budget of $109.2 million.Including carryover purchase orders,General Fund expenditures were $114.3 million,a favorable variance of $377 thousand,or 0.3 percent.Including transfers in and out,the net change in fund balance was approximately $21 million.It is important to note that these numbers do not include any Measure W activities. In compliance with the City’s Reserves Policy,$2.05 million of the surplus is necessary for additional contributions towards General Fund reserves.In addition,after all outstanding set-asides for open purchase orders,transfers to capital improvement programs already approved by Council,and other accounting treatments are taken into account,$11.1 million is available as unencumbered General Fund surplus.Staff recommends transferring $10.9 million to Infrastructure Reserves,and the remaining $200 thousand to be split respectively between the Summer Jobs for Youth Program and community outreach for the Census 2020. II.GENERAL FUND VARIANCE ANALYSIS (BUDGET V. ACTUAL) The following details notable variances only between FY2018-19 budget and actuals across the major subcategories within the General Fund. City of South San Francisco Printed on 1/2/2020Page 1 of 6 powered by Legistar™ File #:19-1033 Agenda Date:1/6/2020 Version:1 Item #:2. A.Revenue Variance Rationale (includes Measure W) Favorable results,meaning a net positive for the City’s finances,are noted with a “+”,and conversely, unfavorable results are noted with a “-“ in the following section. 1.Property Tax +$3,313,915 Property tax revenues,one of the City’s primary recurring General Fund revenue sources,totaled $38.7 million in FY 2018-19.Revenues came in 9.4 percent,or $3.3 higher than budget,primarily due to the former RDA property tax allocation,which was $2.3 million over expected budget.In addition to RDA property tax allocations coming in higher than budgeted,the secured property tax came in higher than anticipate by $700 thousand.The FY 2018-19 budget assumptions for current year secured property tax are a combination of information from the County of San Mateo Assessor’s office,which estimates the annual increase in assessed value,and known developments in South San Francisco that were expected to be added to the City’s property tax roll for FY 2018-19. 2. Sales & Use Tax +$2,402,963 Sales and Use Tax totaled $19.6 million in FY 2018-19,which was $2.4 million above the amended budget.Budget projections are based on information received from the City’s Sales &Use Tax consultant who analyzes trends and makes projections for future fiscal years.Every one of the City’s business sectors,including general retail,food products,transportation,and construction is performing on an upward trend compared to the prior year, which speaks to the general health of the local economy. 3.Measure W +$486,947 Measure W brought in $12.6 million,or $486 thousand over budget expectations.The adopted budget of $9.7 million reflected estimates from the City’s sales tax advisors and was amended to reflect anticipated higher revenue to $12.1 million during the Mid-Year budget process.Measure W revenues are subject to the same economic trends of Sales and Use Taxes,thus benefitted from the same upward trajectory across every business sector in FY 2018-19. 4.Transient Occupancy Tax +1,257,222 |Commercial Parking Tax -$946,804 Transient Occupancy Tax (TOT)revenues reached $17.1 million in FY 2018-19,which was $1.3 million above the amended budget.Average room rates and occupancy rates sustained the high levels indicative of the robust tourism industry in the San Francisco Bay Area.The FY 2018-19 adopted budget assumed that one new hotel would go into service and a one percent increase in the TOT rate on January 1, 2019. Commercial Parking Tax revenues,which move in parallel trends with TOT revenues,finished the year $946 thousand below projections with a total of $2.8 million received.While expansion at private parking facilities in South San Francisco have a positive impact on commercial parking tax revenues, Transportation Network Companies,such as Uber and Lyft,have had and will continue to have an offsetting negative impact on the City’s commercial parking tax revenues,which declined by nine percent compared to the prior fiscal year. 5.Franchise Fees +$469,808 The City receives franchise fees from utility service providers from various industries,including solid City of South San Francisco Printed on 1/2/2020Page 2 of 6 powered by Legistar™ File #:19-1033 Agenda Date:1/6/2020 Version:1 Item #:2. The City receives franchise fees from utility service providers from various industries,including solid waste disposal,cable,electric,and gas.Each franchise fee is based on a percentage of operating revenue,thus revenues from franchise fees increase as utility rates increase.FY 2018-19 franchise fee revenues were $4.5 million,or $470 thousand above the amended budget.This is consistent with the amount that was collected in the previous fiscal year which saw an almost eight percent increase. 6.Building & Fire Permits +$3,309,365 In FY 2018-19,permit revenues reflected the numerous residential and commercial developments currently under construction in South San Francisco.As such,the City’s permit revenues reached a new record of $15.3 million,or $3.3 million more than the amended budget.Permit revenues are largely dependent upon prevailing winds in the local development environment.Staff from the Finance and Economic &Community Development departments meet regularly to review developments that are entitled,permitted,and under construction to project one-time permit and impact fee revenues,as well as the impact to recurring tax revenues. 7.Fines & Forfeitures +$308,228 Revenues from traffic and court fines outperformed the adopted budget by $308,228 in FY 2018-19. The increase to $926 thousand is primarily due to Traffic and Court Fines which was a direct result of the Police Department being fully staffed and able to patrol more actively resulting in more citations. Revenue from administrative citation fines was $23 thousand in FY 2018-19,which was $56 thousand under budget expectations.While this revenue source was as high as $843,000 in FY 2010-11,the recovery of the local economy significantly reduced the prevalence of foreclosures in the community, which significantly diminished the number of citations that were issued.In FY 2018-19,code enforcement duties,which for many years were under the domain of the Fire Department’s Safety Inspection staff,transitioned to a separate Code Enforcement division in the Public Works Department in January,had a positive impact on revenue from administrative citations from the low of $17 thousand in FY 2017-18. 8. Intergovernmental -$544,281 The City received a total of $2.2 million in revenue from other government agencies.The $544 thousand variance is a timing issue related to reimbursements for the City’s shuttle service.It is expected that this variance will resolve itself in FY2019-20. 9.Charges for Services +$2,235,227 Revenue from Charges for Services reflects services from various City departments,including Economic &Community Development,Fire,Parks &Recreation,Police,Public Works,and Library. The primary driver behind the favorable revenue results stem from a one-time $1.1 million in developer deposit fees relating to Oyster Point development.In addition to developer related fees the Fire Department’s ambulance collection rates continue to remain strong reflecting efforts to refine billing practices, which resulted in $673 thousand over the FY 2018-19 amended budget of $2.1 million. 10.Use of Money and Property +$769,339 Revenue from Use of Money and Property came in $769 thousand over the amended FY 2018-19 budget for a total of $6.1 million.This positive result is primarily driven by higher interest rates on City of South San Francisco Printed on 1/2/2020Page 3 of 6 powered by Legistar™ File #:19-1033 Agenda Date:1/6/2020 Version:1 Item #:2. budget for a total of $6.1 million.This positive result is primarily driven by higher interest rates on investments than were originally projected.The Finance Department conservatively projects interest income and received $730 thousand more than the amended budget. B.Expenditure Variance Rationale Favorable results,meaning a net positive for the City’s finances,are noted with a “-”,and conversely, unfavorable results are noted with a “+“in the following section.The variance analysis includes all open purchase orders and accompanying budget appropriations that were rolled over to the subsequent fiscal year. 1.City Manager -$373,758 The City Manager’s Office was under the FY 2018-19 amended budget of $5.7 million dollars by $373 thousand.The favorable budget results was a result of reduced spending on professional and specialized services, specifically outside consulting firms. 2.Finance -$210,388 The Finance Department was under the FY 2018-19 amended budget of $3.4 million dollars by $210 thousand.The favorable budget result was due to vacancies for a Financial Services Manager and Accounting Assistant during the first half of the fiscal year. 3. Non-Departmental +$133,937 The Non-Departmental program primarily consists of programs and costs which benefit the City as a whole and cannot be attributed one specific department,this includes Animal Services,C/CAG and various dues and memberships.The unfavorable budget variance is primarily due to under budgeting for these expenses. 4.Economic & Community Development +$1,874,612 In FY 2018-19,the Economic &Community Development Department (ECD)has an unfavorable budget variance of $1.8 million.This variance is the result of a timing error of encumbering two separate contracts,one for West Coast Consulting and CSG twice in one year.The four encumbrances each encumbered $1.4 million creating a total encumbrance $5.6 million instead of the intended $2.8 million.There were not any actual expenses that created the budget deficit of $1.8 but rather a placeholder for the next fiscal year FY 19-20 since the encumbrance will roll over.In FY 19-20 this will automatically correct itself and the ECD budget will be made whole. 5.Public Works +$318,990 Public Work’s budget variance of $319 thousand,or 12 percent above the amended budget,was driven largely by a two transactions: (1)Invoices already paid for the City’s shuttle service in the amount of $153 thousand.This was an administrative error where invoices already paid were not marked against an outstanding purchase order. This will automatically correct itself in FY19-20. (2)Due to City operational needs,Public Works spent $100 thousand of operational budget for minor capital improvements. City of South San Francisco Printed on 1/2/2020Page 4 of 6 powered by Legistar™ File #:19-1033 Agenda Date:1/6/2020 Version:1 Item #:2. III.OTHER FUNDS In addition to the General Fund,Staff also reviews the financial results of other funds which are used to account for the resources needed to provide various services to the community.The fund summaries for all other funds are included in Attachment 2, with notable budget variances discussed in detail below. 1.Common Green Funds The Common Green Funds include a collection of landscape maintenance district funds in the Westborough area -West Park,Stonegate Ridge,and Willow Gardens.The Common Green Funds are supported by a portion of the City’s share of the one percent property tax levy.FY 2018-19 Common Greens total revenues were $1.9 million,which were $207,000 over the budgeted amount.The favorable budget results reflected the impact of a robust real estate market. 2.Capital Improvement Projects The Capital Improvement Projects (CIP)Fund accounts for expenditures associated with the acquisition,construction,or improvement of City owned facilities and infrastructure.Funding comes from the General Fund,special revenue funds,grants,and fees.As such,the fund accounts for capital expenses on a pass-through basis,therefore,any unexpended capital budget appropriations are carried over to the subsequent fiscal year.Of the $73 million in amended budget,$47.5 will be carried over in FY 2019-20. 3.Programs Special Revenue Fund The City Programs Special Revenue Fund accounts for donations and other accounts that are dedicated for a particular program.There was $2.2 million corrective transfer from the General Fund to this fund. This transfer corrected a previous transfer of funds related to Police Asset Seizure. 4.Sewer Enterprise Fund The Sewer Enterprise Fund provides for the operation,maintenance and improvements of the Water Quality Control Plant (WQCP)and provides funding for reinvestment in critical sewer collection infrastructure.Revenues were $31 million,falling short of projections by $73 million.The majority of the budget variance,$53 million,was due to the projected receipt of State Revolving Fund (SRF)loan proceeds,which did not occur last year.Service charge revenues reflected a shortfall of $6 million from budget expectations.This is in part due to water conservation of commercial customers as sewer charges are based on a prior year look-back of water usage and water conservation was a high priority in prior years.Overall,the fund remains in positive territory as expenditures fell below expectations, primarily due to unspent capital project funding.These types of projects span multiple fiscal years,and the funding for these expenditures will roll forward to the current year. 5.Parking District Fund In FY 2018-19,Parking District revenues totaled $1.3 million,which was $418,000 short of the amended budget.The variance is primarily attributable to a budgeted transfer in to the Parking District Fund that did not occur.Revenues for parking meter fees were $240,000 higher than the budgeted amount. Revenue from the Miller Avenue Garage also exceeded the budgeted amount by $285,000. City of South San Francisco Printed on 1/2/2020Page 5 of 6 powered by Legistar™ File #:19-1033 Agenda Date:1/6/2020 Version:1 Item #:2. 6.Self-Insurance Fund FY 2018-19 Self Insurance Fund total expenditures were $6.1 million,which were $1.5 million over budget.The variance is primarily due to workers compensation and general liability claims,which came in collectively at 1,073,000 over budget.Expenditures in this fund were offset by revenues that exceeded the budget by 40%.The funds interest income under the Use of Money and Property group outperformed budgeted expectations. IV.DEVELOPER IMPACT FEES The City has a number of developer impact fees in place to ensure that new development pays its fair share of the impact to the City’s infrastructure and capital needs.Each of the various impact fees are noted below,along with an indication of the revenue received in FY 2018-19,which reflect the robust development climate in South San Francisco: ·Sewer Capacity Charge - $3.2 million ·Park Land Acquisition Fee - $311,000 ·Parks Construction Fee - $2.1 million ·East of 101 Sewer Impact Fee - $1.9 million ·East of 101 Traffic Impact Fee - $8.8 million ·Public Safety Impact Fee - $479,000 ·Bicycle/Pedestrian Impact Fee - $50,000 ·Child Care Impact Fee - $920,000 ·Oyster Point Interchange Impact Fee - $3.5 million V.RESERVES In FY 2018-19,General Fund revenues,excluding Measure W,were $121.9 million.In keeping with the City’s Reserve Policy of maintaining 20 percent of operating revenues,the City’s reserves levels will need to increase by approximately $2.0 million, from $22.3 million to $24.4 million. After meeting the reserves requirement noted above,the General Fund has $11.1 million in surplus equity.Staff recommends that the City Council authorize transfer of $10.9 million to the City’s Infrastructure Reserve Fund to support future infrastructure needs.Staff further recommends that the $100,000 be appropriated for Census 2020 and $100,000 be appropriated for the Jobs for Youth Program. CONCLUSION The surge in development and strength of the larger Bay Area economy has helped fuel the health of the City of South San Francisco’s financial position,as reflected in the FY2018-19 CAFR.Staff recommends that the Budget Standing Committee accept the overview of the CAFR and refer both the financial results and appropriation request to the January 22, 2019 Council meeting for full Council acceptance. City of South San Francisco Printed on 1/2/2020Page 6 of 6 powered by Legistar™ FY2018-19 YEAR END SUMMARY GENERAL FUND OPERATING SUMMARY Favorable/ (Unfavorable)% Variance Property Taxes 34,143,627$ 35,345,743$ 38,659,658$ 3,313,915$ 9.4% Sales Tax 17,567,674 17,203,726 19,606,689 2,402,963 14.0% Transient Occupancy Tax 13,978,533 15,834,000 17,091,222 1,257,222 7.9% Other Taxes 5,869,611 5,833,028 4,995,404 (837,624) -14.4% Franchise Fees 4,403,493 4,000,000 4,469,808 469,808 11.7% Building and Fire Permits 14,674,810 12,072,049 15,381,415 3,309,365 27.4% Fines and Forfeitures 423,604 618,500 926,728 308,228 49.8% Intergovernmental 2,610,231 3,412,076 2,867,795 (544,281) -16.0% Charges for Services 10,924,666 9,328,527 11,563,754 2,235,227 24.0% Use of Money & Property 6,837,571 5,309,459 6,078,798 769,339 14.5% Other Revenues 266,838 289,171 330,845 41,674 14.4% Total Revenues 111,700,656$ 109,246,280$ 121,972,118$ 12,725,838$ 11.6% Add Prior Year Committed reserves - 7,215,213 - - Total Available Resources 111,700,656$ 116,461,493$ 121,972,118$ 12,725,838$ (Favorable)/ Unfavorable % Variance City Council 239,260$ 280,694$ 258,759$ -$ (21,935.08)$ -7.8% City Clerk 660,306$ 817,567$ 770,987$ 32,924 (13,656.03)$ -1.7% City Treasurer 135,218$ 132,900$ 123,504$ - (9,395.84)$ -7.1% City Attorney 996,380$ 1,081,463$ 961,588$ - (119,874.92)$ -11.1% City Manager 2,668,716$ 5,684,184$ 2,298,368$ 3,012,058 (373,757.98)$ -6.6% Finance 3,080,770$ 3,384,365$ 2,789,191$ 384,786 (210,387.65)$ -6.2% Non-Departmental 1,049,187$ 1,130,087$ 1,218,354$ 45,669 133,936.81$ 11.9% Human Resources 1,541,521$ 1,780,097$ 1,621,404$ 124,203 (34,490.14)$ -1.9% Economic & Community Development 7,722,681$ 12,443,981$ 8,433,295$ 5,885,299 1,874,612.83$ 15.1% Fire 26,059,068$ 28,959,533$ 27,563,733$ 1,048,780 (347,020.46)$ -1.2% Police 26,639,005$ 29,254,475$ 28,482,441$ - (772,033.81)$ -2.6% Public Works 5,014,342$ 6,512,375$ 5,787,769$ 1,043,595 318,989.67$ 4.9% Library 5,379,836$ 6,149,810$ 5,628,684$ 26,858 (494,267.76)$ -8.0% Parks & Recreation 15,468,353$ 17,103,184$ 16,530,599$ 264,516 (308,069.20)$ -1.8% Total Expenditures 96,654,644$ 114,714,714$ 102,468,676$ 11,868,688$ (377,350)$ -0.3% Net Operating Surplus/ (Deficit)15,046,012$ 1,746,779$ 19,503,442$ Other Financing Sources / (Uses) Transfers in 8,710,123$ 5,579,214$ 7,143,014$ -$ 1,563,800$ 28% Transfers out 20,887,464 5,637,057 5,651,831 - 14,774 0% Total Other Financing Sources/ (Uses)(12,177,341)$ (57,844)$ 1,491,183$ -$ 1,549,027$ 28% Net Change in Fund balance 2,868,671$ 1,688,935$ 20,994,625$ Net Fund Balance 20,994,625 Amount needed to meet the City's Reserves Policy 2,053,489 Encumbrances and Commitments to long-term projects (CIP, etc)7,841,136 General Fund Surplus Equity 11,100,000 Recommended Appropriations: Transfer to Infrastructure Reserves $ 10,900,000 Census 2020 Outreach 100,000$ Summer Jobs for Youth Program 100,000$ Variance from 2018-19 Amended Expenditures Actual 2017-18 Amended 2018-19 Actual 2018-19 Carryover Purchase Orders Variance from 2018-19 Amended Revenues Actual 2017-18 Amended 2018-19 Actual 2018-19 Gas Tax Fund Revenues 2017-18 Actual 2018-19 Adopted 2018-19 Amended 2018-19 Actual Variance from Amended Budget % of Budget Intergovernmental $ 1,531,782 $ 1,700,688 $ 1,700,688 $ 1,805,564 $ (104,876)106% Use of Money & Property $ 547 $ 15,000 $ 15,000 $ 15,032 $ (32)100% Transfers In $ - $ - $ - $ - n/a Total Revenues $ 1,532,329 $ 1,715,688 $ 1,715,688 $ 1,820,596 $ (104,908)106% Expenditures 2017-18 Actual 2018-19 Adopted 2018-19 Amended 2018-19 Actual Variance from Amended Budget % of Budget Transfers Out $ 1,936,652 $ 1,591,301 $ 2,455,104 $ 1,825,697 $ 629,407 74% Total Expenditures $ 1,936,652 $ 1,591,301 $ 2,455,104 $ 1,825,697 $ 629,407 74% Net Surplus / (Deficit) $ (5,101) Reserve Type Beginning Balance Ending Balance (Increase) / Decrease Encumbrances $ - $ - $ - CIP $ 836,803 $ 552,995 $ 283,808 Unrealized $ 10,205 $ 16,933 $ (6,728) Unassigned $ (319,785) $ (42,705) $ (277,080) Total Fund $ 527,223 $ 527,223 $ - Measure A Fund Revenues 2017-18 Actual 2018-19 Adopted 2018-19 Amended 2018-19 Actual Variance from Amended Budget % of Budget Sales Tax 1,476,167$ 1,458,995$ 1,468,995$ 1,762,540$ (293,545)$ 120% Use of Money & Property 4,544$ 25,000$ 25,000$ 111,632$ (86,632)$ 447% Total Revenues 1,480,711$ 1,483,995$ 1,493,995$ 1,874,172$ (380,177)$ 125% Expenditures 2017-18 Actual 2018-19 Adopted 2018-19 Amended 2018-19 Actual Variance from Amended Budget % of Budget Transfers Out 704,199$ 1,616,268$ 4,545,940$ 1,431,441$ 3,114,499$ 31% Total Expenditures 704,199$ 1,616,268$ 4,545,940$ 1,431,441$ 3,114,499$ 31% Net Surplus / (Deficit) 442,731$ Reserve Type Beginning Balance Ending Balance (Increase) / Decrease Encumbrances -$ -$ -$ CIP 2,920,772$ 3,085,421$ (164,649)$ Unrealized Gains/Losses (15,658)$ 34,278$ (49,936)$ Unassigned 60,816$ (153,769)$ 214,585$ Total Fund Balance 2,965,930$ 2,965,930$ -$ Road Maintenance & Rehabilitation Act (SB 1) Fund Revenues 2017-18 Actual 2018-19 Adopted 2018-19 Amended 2018-19 Actual Variance from Amended Budget % of Budget Intergovernmental 301,706$ 1,109,449$ 1,109,449$ 1,207,751$ (98,302)$ 109% Use of Money & Property (627)$ -$ -$ 24,436$ (24,436)$ n/a Total Revenues 301,079$ 1,109,449$ 1,109,449$ 1,232,187$ (122,738)$ 111% Expenditures 2017-18 Actual 2018-19 Adopted 2018-19 Amended 2018-19 Actual Variance from Amended Budget % of Budget Transfers Out 30,130$ 1,089,000$ 1,408,870$ 175,641$ 1,233,229$ 12% Total Expenditures 30,130$ 1,089,000$ 1,408,870$ 175,641$ 1,233,229$ 12% Net Surplus / (Deficit) 1,056,546$ Reserve Type Beginning Ending Balance (Increase) / Encumbrances -$ -$ -$ CIP 319,870$ 1,233,228$ (913,358)$ Unrealized Gains/Losses (1,217)$ 10,264$ (11,481)$ Unassigned (47,704)$ (972,543)$ 924,839$ Total Fund Balance 270,949$ 270,949$ -$ Airport Noise Insulation Program (ANIP) Fund Revenues 2017-18 Actual 2018-19 Adopted 2018-19 Amended 2018-19 Actual Variance from Amended Budget % of Budget Intergovernmental 5,345$ -$ -$ -$ -$ n/a Use of Money & Property 880$ 4,000$ 4,000$ 25,264$ (21,264)$ 632% Total Revenues 6,225$ 4,000$ 4,000$ 25,264$ (21,264)$ 632% Expenditures 2017-18 Actual 2018-19 Adopted 2018-19 Amended 2018-19 Actual Variance from Amended Budget % of Budget Supplies & Services 6,225$ -$ -$ 25,264$ (25,264)$ n/a Total Expenditures 6,225$ -$ -$ 25,264$ (25,264)$ n/a Net Surplus / (Deficit) -$ Reserve Type Beginning Balance Ending Balance (Increase) / Decrease Encumbrances -$ -$ -$ CIP -$ -$ -$ Unrealized Gains/Losses 26,608$ 37,917$ (11,309)$ Unassigned (26,608)$ (37,917)$ 11,309$ Total Fund Balance -$ -$ -$ 25,264.00 Community Development Block Grant (CDBG) Fund Revenues 2017-18 Actual 2018-19 Adopted 2018-19 Amended 2018-19 Actual Variance from Amended Budget % of Budget Intergovernmental 818,724$ 415,000$ 415,000$ 447,793$ (32,793)$ 108% Use of Money & Property 22,133$ 80,000$ 80,000$ 21,156$ 58,844$ 26% Miscellaneous Revenue -$ -$ -$ 11,130$ (11,130)$ n/a Total Revenues 840,857$ 495,000$ 495,000$ 480,079$ 14,921$ 97% Expenditures 2017-18 Actual 2018-19 Adopted 2018-19 Amended 2018-19 Actual Variance from Amended Budget % of Budget Salaries & Benefits 78,516$ 81,535$ 81,535$ 1,820$ $ 79,715 2% Supplies & Services 971,879$ 496,950$ 810,495$ 197,024$ $ 613,471 24% Transfers Out -$ -$ 95,330$ -$ 95,330$ 0% Total Expenditures 1,050,395$ 578,485$ 987,360$ 198,844$ 788,516$ 0% Net Surplus / (Deficit) 281,235$ Reserve Type Beginning Balance Ending Balance (Increase) / Decrease Encumbrances 313,544$ 196,793$ 116,751$ Loans Receivable 418,484$ 309,823$ 108,661$ CIP 95,330$ -$ 95,330$ Unassigned (558,007)$ (237,265)$ (320,742)$ Total Fund Balance 269,351$ 269,351$ -$ Common Greens Funds Revenues 2017-18 Actual 2018-19 Adopted 2018-19 Amended 2018-19 Actual Variance from Amended Budget % of Budget Property Tax 1,846,016$ 1,730,539$ 1,730,539$ 1,937,909$ 207,370$ 112% Total Revenues 1,846,016$ 1,730,539$ 1,730,539$ 1,937,909$ 207,370$ 112% Expenditures 2017-18 Actual 2018-19 Adopted 2018-19 Amended 2018-19 Actual Variance from Amended Budget % of Budget Salaries & Benefits 494,390$ 730,819$ 730,819$ 554,693$ $ (176,126)76% Supplies & Services 452,555$ 514,148$ 564,088$ 585,741$ $ 21,653 104% Interdepartmental Charges 319,335$ 328,870$ 328,870$ 328,870$ $ - 100% Transfers Out -$ -$ $ - n/a Total Expenditures 1,266,280$ 1,573,837$ 1,623,777$ 1,469,304$ (154,473)$ 90% Net Surplus / (Deficit) 468,605$ Reserve Type Beginning Balance Ending Balance (Increase) / Decrease Encumbrances -$ Unrealized Gains/Losses -$ CIP 73,542$ 73,542$ -$ Unassigned 3,068,562$ 3,068,562$ -$ Total Fund Balance 3,142,104$ 3,142,104$ -$ City Housing Fund Revenues 2017-18 Actual 2018-19 Adopted 2018-19 Amended 2018-19 Actual Variance from Amended Budget % of Budget Use of Money & Property 585,163$ 167,000$ 167,000$ 304,949$ (137,949)$ 183% Other Revenues -$ 140,000$ 140,000$ -$ 140,000$ 0% Total Revenues 585,163$ 307,000$ 307,000$ 304,949$ 2,051$ 99% Expenditures 2017-18 Actual 2018-19 Adopted 2018-19 Amended 2018-19 Actual Variance from Amended Budget % of Budget Salaries & Benefits 62,757$ 75,000$ 75,000$ 38,158$ $ 36,842 51% Supplies & Services (602,814)$ 462,800$ 463,099$ 52,496$ $ 410,603 11% Interdepartmental Charges 5,150$ 5,305$ 5,305$ 5,305$ $ - 100% Transfers Out -$ -$ -$ -$ $ - n/a Total Expenditures (534,907)$ 543,105$ 543,404$ 95,959$ 447,445$ 18% Net Surplus / (Deficit) $ 208,990 Reserve Type Beginning Balance Ending Balance (Increase) / Decrease Encumbrances 299$ 6,267$ (5,968)$ CIP -$ -$ -$ Loans Receivable 1,020,193$ 891,227$ 128,966$ ROEM Development 2,450,000$ 2,450,000$ -$ Unrealized Gains/Losses (65,245)$ 7,223$ (72,468)$ Unassigned 2,373,001$ 2,423,531$ (50,530)$ Total Fund Balance 5,778,248$ 5,778,248$ -$ Solid Waste Fund Revenues 2017-18 Actual 2018-19 Adopted 2018-19 Amended 2018-19 Actual Variance from Amended Budget % of Budget Charges for Services 195,059$ 180,000$ 180,000$ 201,008$ (21,008)$ 112% Total Revenues 195,059$ 180,000$ 180,000$ 201,008$ (21,008)$ 112% Expenditures 2017-18 Actual 2018-19 Adopted 2018-19 Amended 2018-19 Actual Variance from Amended Budget % of Budget Supplies & Services 67,008$ 110,150$ 181,230$ 49,360$ $ 131,870 27% Interdepartmental Charges 20,188$ 20,794$ 20,794$ 20,794$ $ - 100% Transfers Out 225,408$ -$ 146,537$ 4,272$ $ 142,265 3% Total Expenditures 312,604$ 130,944$ 348,561$ 74,426$ 274,135$ 21% Net Surplus / (Deficit) $ 126,582 Reserve Type Beginning Balance Ending Balance (Increase) / Decrease Encumbrances 71,080$ 123,886$ (52,806)$ CIP 165,930$ 142,265$ 23,665$ Unrealized Gains/Losses -$ -$ -$ Unassigned 188,442$ 159,301$ 29,141$ Total Fund Balance 425,452$ 425,452$ -$ Supplemental Law Enforcement Services Fund Revenues 2017-18 Actual 2018-19 Adopted 2018-19 Amended 2018-19 Actual Variance from Amended Budget % of Budget Sales Tax 139,556$ 100,000$ 100,000$ 150,768$ $ (50,768)151% Use of Money & Property 231$ -$ -$ 1,075$ (1,075)$ n/a Total Revenues 139,787$ 100,000$ 100,000$ 151,843$ (51,843)$ 152% Expenditures 2017-18 Actual 2018-19 Adopted 2018-19 Amended 2018-19 Actual Variance from Amended Budget % of Budget Salaries & Benefits 139,787$ -$ -$ 50,847$ $ (50,847)n/a Transfers Out -$ 100,000$ 100,000$ 100,000$ $ - 100% Total Expenditures 139,787$ 100,000$ 100,000$ 150,847$ (50,847)$ 151% Net Surplus / (Deficit) $ 996 Reserve Type Beginning Balance Ending Balance (Increase) / Decrease Encumbrances -$ CIP -$ Unrealized Gains/Losses (794)$ (331)$ (463)$ Unassigned 896$ 433$ 463$ Total Fund Balance 102$ 102$ -$ Developer Deposits Fund Revenues 2017-18 Actual 2018-19 Adopted 2018-19 Amended 2018-19 Actual Variance from Amended Budget % of Budget Charges for Services 2,474,089$ -$ -$ 1,616,937$ $ (1,616,937)n/a Use of Money & Property 8,490$ -$ -$ 190,566$ $ (190,566)n/a Other Revenues 32,911$ -$ -$ -$ $ - n/a Total Revenues 2,515,490$ -$ -$ 1,807,503$ (1,807,503)$ n/a Expenditures 2017-18 Actual 2018-19 Adopted 2018-19 Amended 2018-19 Actual Variance from Amended Budget % of Budget Salaries & Benefits 8,942$ -$ -$ 11,791$ $ (11,791)n/a Supplies & Services 373,252$ -$ 97,670$ 229,801$ $ (132,131)235% Transfers Out 659,965$ 1,307,500$ 4,348,487$ 3,975,947$ $ 372,540 91% Total Expenditures 1,042,159$ 1,307,500$ 4,446,157$ 4,217,539$ 228,618$ 95% Net Surplus / (Deficit) $ (2,410,036) Reserve Type Beginning Balance Ending Balance (Increase) / Decrease Encumbrances 97,670$ 103,424$ (5,754)$ CIP -$ 212,539$ (212,539)$ Unrealized Gains/Losses (74,991)$ 10,088$ (85,079)$ Permit Program Maintenance 252,739$ 319,207$ General Plan Maintenance 3,706,552$ 1,012,868$ Fire Department (Genesis Development)286,100$ 286,100$ Fire Department (Fire & Life Safety)-$ 345,295$ Unassigned 482,253$ 2,460,802$ (1,978,549)$ Total Fund Balance 4,750,323$ 4,750,323$ (2,281,921)$ City Programs Special Revenue Fund Revenues 2017-18 Actual 2018-19 Adopted 2018-19 Amended 2018-19 Actual Variance from Amended Budget % of Budget Charges for Services 56,614$ -$ -$ 71,186$ $ (71,186)n/a Use of Money & Property 3,251$ -$ -$ 106,854$ $ (106,854)n/a Transfers In -$ -$ -$ 2,236,224$ $ (2,236,224)n/a Other Revenues 723,616$ 1,000,000$ 1,000,000$ 1,179,126$ $ (179,126)118% Total Revenues 783,481$ 1,000,000$ 1,000,000$ 3,593,390$ (2,593,390)$ 359% Expenditures 2017-18 Actual 2018-19 Adopted 2018-19 Amended 2018-19 Actual Variance from Amended Budget % of Budget Supplies & Services 447,729$ 3,000$ 3,000$ 333,024$ $ (330,024)11101% Capital Outlay -$ -$ -$ -$ $ - n/a Transfers Out 3,096,156$ 620,000$ 967,496$ 88,274$ $ 879,222 9% Total Expenditures 3,543,885$ 623,000$ 970,496$ 421,298$ 549,198$ 43% Net Surplus / (Deficit) $ 3,172,092 Reserve Type Beginning Balance Ending Balance (Increase) / Decrease Encumbrances -$ -$ -$ CIP 322,686$ -$ 322,686$ Unrealized Gains/Losses (74,805)$ (41,527)$ (33,278)$ All Other Reserves 1,368,066$ 4,540,159$ Unassigned (240,906)$ (3,123,591)$ 2,882,685$ Total Fund Balance 1,375,041$ 1,375,041$ 3,172,093$ Transit Station Enhancement In-Lieu Fee Fund Revenues 2017-18 Actual 2018-19 Adopted 2018-19 Amended 2018-19 Actual Variance from Amended Budget % of Budget Use of Money & Property 903$ -$ -$ 41,513$ $ (41,513)n/a Other Revenues 599,718$ -$ -$ 1,338,235$ $ (1,338,235)n/a Total Revenues 600,621$ -$ -$ 1,379,748$ (1,379,748)$ n/a Expenditures 2017-18 Actual 2018-19 Adopted 2018-19 Amended 2018-19 Actual Variance from Amended Budget % of Budget Transfers Out 72$ -$ 743,166$ 235,718$ $ 507,448 32% Total Expenditures 72$ -$ 743,166$ 235,718$ 507,448$ 32% Net Surplus / (Deficit) $ 1,144,030 Reserve Type Beginning Balance Ending Balance (Increase) / Decrease Encumbrances -$ -$ -$ CIP 493,166$ 299,211$ 193,956$ Unrealized Gains/Losses (10,420)$ 7,969$ (18,389)$ Unassigned 176,784$ 352,351$ (175,567)$ Total Fund Balance 659,530$ 659,530$ -$ Capital Improvements Projects Fund Revenues 2017-18 Actual 2018-19 Adopted 2018-19 Amended 2018-19 Actual Variance from Amended Budget % of Budget Intergovernmental 3,079,247$ 7,010,680$ 20,637,483$ 6,641,790$ $ 13,995,693 32% Charges for Services -$ 1,820,480$ 2,820,480$ -$ $ 2,820,480 0% Other Revenues -$ -$ 850,000$ 850,000$ $ - 100% Transfers In 10,217,391$ 23,359,987$ 48,448,953$ 15,087,485$ $ 33,361,468 31% Total Revenues 13,296,638$ 32,191,147$ 72,756,916$ 22,579,275$ 50,177,641$ 31% Expenditures 2017-18 Actual 2018-19 Adopted 2018-19 Amended 2018-19 Actual Variance from Amended Budget % of Budget Salaries & Benefits 406,847$ -$ (108,096)$ 275,047$ $ (383,143)-254% Supplies & Services 12,604,045$ 32,191,147$ 73,393,626$ 25,433,784$ $ 47,959,842 35% Total Expenditures 13,010,892$ 32,191,147$ 73,285,530$ 25,708,831$ 47,576,699$ 35% Net Surplus / (Deficit) $ (3,129,556) Reserve Type Beginning Balance Ending Balance (Increase) / Decrease Encumbrances 14,197,099$ 18,444,492$ (4,247,393)$ ADA Improvements 151,664$ 144,703$ 6,961$ Unrealized Gains/Losses -$ -$ -$ Unassigned (14,151,347)$ (18,391,779)$ 4,240,432$ Total Fund Balance 197,416$ 197,416$ 0$ Genentech Prepaid Capital Projects Fund Revenues 2017-18 Actual 2018-19 Adopted 2018-19 Amended 2018-19 Actual Variance from Amended Budget % of Budget Use of Money & Property (127)$ -$ -$ 6,371$ $ (6,371)n/a Total Revenues (127)$ -$ -$ 6,371$ (6,371)$ n/a Expenditures 2017-18 Actual 2018-19 Adopted 2018-19 Amended 2018-19 Actual Variance from Amended Budget % of Budget Supplies & Services 69,153$ -$ -$ -$ $ - n/a Transfers Out -$ -$ 1,525,129$ -$ $ 1,525,129 0% Total Expenditures 69,153$ -$ 1,525,129$ -$ 1,525,129$ 0% Net Surplus / (Deficit) $ 6,371 Reserve Type Beginning Balance Ending Balance (Increase) / Decrease Encumbrances -$ -$ -$ CIP 1,525,129$ -$ 1,525,129$ Unrealized Gains/Losses (92,558)$ (88,159)$ (4,399)$ Unassigned (1,429,326)$ 91,404$ (1,520,730)$ Total Fund Balance 3,245$ 3,245$ (0)$ Oyster Point Development Fund Revenues 2017-18 Actual 2018-19 Adopted 2018-19 Amended 2018-19 Actual Variance from Amended Budget % of Budget Charges for Services 503,827$ -$ -$ 781,238$ $ (781,238)n/a Use of Money & Property -$ -$ -$ 600$ $ (600)n/a Transfers In 3,707,728$ -$ -$ 4,940,441$ $ (4,940,441)n/a Total Revenues 4,211,554$ -$ -$ 5,722,279$ (5,722,279)$ n/a Expenditures 2017-18 Actual 2018-19 Adopted 2018-19 Amended 2018-19 Actual Variance from Amended Budget % of Budget Supplies & Services 4,420,044$ -$ -$ 5,437,619$ $ (5,437,619)n/a Total Expenditures 4,420,044$ -$ -$ 5,437,619$ (5,437,619)$ n/a Net Surplus / (Deficit) $ 284,660 Reserve Type Beginning Balance Ending Balance (Increase) / Decrease Encumbrances 246,374$ 241,002$ 5,372$ CIP -$ -$ Unrealized Gains/Losses -$ -$ -$ Unassigned (454,864)$ (449,492)$ (5,372)$ Total Fund Balance (208,490)$ (208,490)$ -$ Sewer Enterprise Fund Revenues 2017-18 Actual 2018-19 Adopted 2018-19 Amended 2018-19 Actual Variance from Amended Budget % of Budget Charges for Services 28,251,611$ 31,936,708$ 35,924,315$ 29,900,342$ $ 6,023,973 83% Use of Money & Property 35,878$ 110,000$ 110,000$ 488,429$ $ (378,429)444% Other Financing Sources -$ 2,192,400$ 53,403,000$ -$ $ 53,403,000 n/a Other Revenues -$ -$ -$ 5,213$ $ (5,213)n/a Transfers In 111,936$ 7,464,775$ 14,656,056$ 651,572$ $ 14,004,484 4% Total Revenues 28,399,425$ 41,703,883$ 104,093,371$ 31,045,555$ 73,047,816$ 30% Expenditures 2017-18 Actual 2018-19 Adopted 2018-19 Amended 2018-19 Actual Variance from Amended Budget % of Budget Salaries & Benefits 10,528,403$ 9,395,920$ 9,930,962$ 10,940,416$ $ (1,009,454)110% Supplies & Services 10,175,459$ 19,896,431$ 92,680,281$ 26,075,155$ $ 66,605,126 28% Capital Outlay 1,251,848$ 276,000$ 276,000$ (13,755,428)$ $ 14,031,428 -4984% Debt Service 964,352$ 5,707,526$ 5,707,526$ 838,647$ $ 4,868,879 15% Interdepartmental Charges 1,532,275$ 1,591,306$ 1,591,306$ 1,591,306$ $ (0)100% Transfers Out 54,549$ -$ -$ -$ $ - n/a Total Expenditures 24,506,886$ 36,867,183$ 110,186,075$ 25,690,096$ 84,495,979$ 23% Net Surplus / (Deficit) $ 5,355,459 Reserve Type Beginning Balance Ending Balance (Increase) / Decrease Unassigned (26,855,915)$ (78,743,978)$ 51,888,063$ Investment in Capital Assests - Net of Debt 77,283,881$ 86,966,608$ (9,682,726)$ Encumbrances 7,480,241$ 46,087,497$ Capital Reserve 4,074,000$ 4,074,000$ Operating Reserve 4,369,942$ 4,893,885$ (523,943)$ Current CIP 10,339,600$ 13,197,393$ Unrealized Gains/Losses (250,055)$ (33,710)$ San Bruno Future CIP 59,241$ 59,241$ 218 Littlefield Loading Dock 65,520$ 65,520$ -$ Total Fund Balance 76,566,456$ 76,566,456$ 41,681,394$ Parking District Fund Revenues 2017-18 Actual 2018-19 Adopted 2018-19 Amended 2018-19 Actual Variance from Amended Budget % of Budget Charges for Services 1,084,472$ 895,000$ 895,000$ 1,180,538$ $ (285,538)132% Use of Money & Property 101,929$ 10,000$ 10,000$ 105,817$ $ (95,817)1058% Transfers In -$ 800,000$ 800,000$ -$ $ 800,000 0% Total Revenues 1,186,401$ 1,705,000$ 1,705,000$ 1,286,355$ 418,645$ 75% Expenditures 2017-18 Actual 2018-19 Adopted 2018-19 Amended 2018-19 Actual Variance from Amended Budget % of Budget Salaries & Benefits 312,335$ 322,945$ 339,666$ 295,417$ $ 44,249 87% Supplies & Services 627,636$ 996,232$ 1,372,609$ 235,288$ $ 1,137,321 17% Capital Outlay 253,826$ -$ -$ 253,826$ $ (253,826)0% Interdepartmental Charges 108,013$ 111,327$ 111,327$ 111,327$ $ - 100% Total Expenditures 1,301,809$ 1,430,504$ 1,823,602$ 895,857$ 927,745$ 49% Net Surplus / (Deficit) $ 390,498 Reserve Type Beginning Balance Ending Balance (Increase) / Decrease Unassigned 2,400,824$ 1,963,282$ 437,541$ Investment in Capital Assests - Net of Debt 10,946,647$ 10,692,822$ 253,826$ Encumbrances 249,273$ 135,899$ 113,374$ CIP 238,770$ 996,338$ (757,567)$ Unrealized Gains/Losses (41,502)$ 5,672$ (47,174)$ Total Fund Balance 13,794,013$ 13,794,013$ 0$ Sewer Capacity Charges Fund Revenues 2017-18 Actual 2018-19 Adopted 2018-19 Amended 2018-19 Actual Variance from Amended Budget % of Budget Use of Money & Property 12,600$ -$ -$ 361,686$ $ (361,686)n/a Other Revenues 5,552,734$ 200,000$ 200,000$ 2,825,571$ $ (2,625,571)1413% Total Revenues 5,565,334$ 200,000$ 200,000$ 3,187,257$ (2,987,257)$ 1594% Expenditures 2017-18 Actual 2018-19 Adopted 2018-19 Amended 2018-19 Actual Variance from Amended Budget % of Budget Supplies & Services (564)$ -$ -$ (2,100)$ $ 2,100 n/a Interdepartmental Charges 2,575$ 2,652$ 2,652$ 2,652$ $ - 100% Transfers Out -$ -$ 6,132,988$ 369,745$ 6% Total Expenditures 2,011$ 2,652$ 6,135,640$ 370,297$ 2,100$ 6% Net Surplus / (Deficit) $ 2,816,960 Reserve Type Beginning Balance Ending Balance (Increase) / Decrease Unassigned 9,606,306$ 3,681,528$ 5,924,777$ CIP -$ 5,763,243$ (5,763,243)$ Unrealized Gains/Losses (99,708)$ 61,826$ (161,534)$ Total Fund Balance 9,506,598$ 9,506,598$ 0$ Storm Water Fund Revenues 2017-18 Actual 2018-19 Adopted 2018-19 Amended 2018-19 Actual Variance from Amended Budget % of Budget Fines & Forfeitures 3,100$ 5,000$ 5,000$ 2,700$ $ 2,300 54% Intergovernmental 247,151$ -$ -$ 752,849$ $ (752,849)n/a Charges for Services 406,064$ 405,000$ 405,000$ 410,600$ $ (5,600)101% Use of Money & Property 1,943$ 5,000$ 5,000$ 39,477$ $ (34,477)790% Transfers In 2,023,518$ 1,120,000$ 1,833,540$ 1,449,650$ $ 383,890 79% Total Revenues 2,681,776$ 1,535,000$ 2,248,540$ 2,655,276$ (406,736)$ 118% Expenditures 2017-18 Actual 2018-19 Adopted 2018-19 Amended 2018-19 Actual Variance from Amended Budget % of Budget Salaries & Benefits 738,171$ 712,095$ 712,095$ 704,852$ $ 7,243 99% Supplies & Services 1,605,782$ 429,688$ 2,127,497$ 1,342,307$ $ 785,190 63% Capital Outlay (1,377,519)$ -$ -$ (936,473)$ $ 936,473 n/a Interdepartmental Charges 68,719$ 70,425$ 70,425$ 70,425$ $ - 100% Transfers Out 83,528$ -$ -$ -$ $ - 0% Total Expenditures 1,118,681$ 1,212,208$ 2,910,017$ 1,181,111$ 1,728,906$ 41% Net Surplus / (Deficit) $ 1,474,165 Reserve Type Beginning Balance Ending Balance (Increase) / Decrease Unassigned 118,975$ (453,696)$ 572,671$ Investment in Capital Assests - Net of Debt 1,867,376$ 2,803,849$ (936,473)$ Encumbrances 832,439$ 551,572$ 280,866$ CIP 190,359$ 89,861$ 100,498$ Unrealized Gains/Losses (26,646)$ (9,084)$ (17,562)$ Total Fund Balance 2,982,502$ 2,982,502$ 0$ City Service (Garage) Fund Revenues 2017-18 Actual 2018-19 Adopted 2018-19 Amended 2018-19 Actual Variance from Amended Budget % of Budget Use of Money & Property 694$ -$ -$ 18,890$ $ (18,890)n/a Other Revenues 1,650,018$ 1,650,000$ 1,650,000$ 1,650,018$ $ (18)100% Total Revenues 1,650,712$ 1,650,000$ 1,650,000$ 1,668,908$ (18,908)$ 101% Expenditures 2017-18 Actual 2018-19 Adopted 2018-19 Amended 2018-19 Actual Variance from Amended Budget % of Budget Salaries & Benefits 653,854$ 641,697$ 641,697$ 625,761$ $ 15,936 98% Supplies & Services 917,143$ 968,150$ 968,150$ 1,084,951$ $ (116,801)112% Capital Outlay 580$ -$ -$ 290$ $ (290)n/a Interdepartmental Charges 20,433$ 21,397$ 21,397$ 21,397$ $ 0 100% Total Expenditures 1,592,010$ 1,631,244$ 1,631,244$ 1,732,399$ (101,155)$ 106% Net Surplus / (Deficit) $ (63,491) Reserve Type Beginning Balance Ending Balance (Increase) / Decrease Unassigned 433,537$ 425,398$ 8,139$ Investment in Capital Assests - Net of Debt 290$ -$ 290$ Unrealized Gains/Losses (14,197)$ (5,768)$ (8,429)$ Total Fund Balance 419,630$ 419,630$ -$ Self Insurance Fund Revenues 2017-18 Actual 2018-19 Adopted 2018-19 Amended 2018-19 Actual Variance from Amended Budget % of Budget Intergovernmental 18,271$ -$ -$ 18,271$ $ (18,271)n/a Charges for Services (2,739)$ -$ -$ -$ $ - n/a Use of Money & Property 16,053$ 75,000$ 75,000$ 419,878$ $ (344,878)560% Other Revenues 4,249,265$ 4,559,604$ 4,559,604$ 6,057,262$ $ (1,497,659)133% Total Revenues 4,280,851$ 4,634,604$ 4,634,604$ 6,495,411$ (1,860,808)$ 140% Expenditures 2017-18 Actual 2018-19 Adopted 2018-19 Amended 2018-19 Actual Variance from Amended Budget % of Budget Salaries & Benefits 1,087,131$ 650,000$ 650,000$ 925,210$ $ (275,210)142% Supplies & Services 3,442,507$ 3,909,596$ 3,909,596$ 5,196,932$ $ (1,287,336)133% Total Expenditures 4,529,638$ 4,559,596$ 4,559,596$ 6,122,142$ (1,562,546)$ 134% Net Surplus / (Deficit) $ 373,269 Reserve Type Beginning Balance Ending Balance (Increase) / Decrease Unassigned 890,331$ 702,834$ 187,497$ Unrealized Gains/Losses (206,053)$ (18,556)$ (187,497)$ Total Fund Balance 684,278$ 684,278$ -$ Benefits Fund Revenues 2017-18 Actual 2018-19 Adopted 2018-19 Amended 2018-19 Actual Variance from Amended Budget % of Budget Charges for Services 1,893$ -$ -$ 1,171$ $ (1,171)n/a Use of Money & Property 12,646$ 100,000$ 100,000$ 366,556$ $ (266,556)367% Other Revenues 13,688,876$ 13,235,490$ 13,235,490$ 13,779,943$ $ (544,453)104% Transfers In 1,296,000$ 250,000$ 250,000$ 250,000$ $ 0 100% Total Revenues 14,999,415$ 13,585,490$ 13,585,490$ 14,397,670$ (812,180)$ 106% Expenditures 2017-18 Actual 2018-19 Adopted 2018-19 Amended 2018-19 Actual Variance from Amended Budget % of Budget Salaries & Benefits 12,916,577$ 14,908,907$ 14,908,907$ 14,074,609$ $ 834,298 94% Supplies & Services 1,684$ 10,000$ 10,000$ 44,483$ $ (34,483)445% Total Expenditures 12,918,261$ 14,918,907$ 14,918,907$ 14,119,092$ 799,815$ 95% Net Surplus / (Deficit) $ 278,578 Reserve Type Beginning Balance Ending Balance (Increase) / Decrease Unassigned (1,855)$ (166,540)$ 164,685$ Post Employment Benefits 4,522,063$ 4,522,063$ -$ Unrealized Gains/Losses (317,001)$ (152,316)$ (164,685)$ CalPERS Stabilization 5,545,104$ 5,545,104$ -$ Total Fund Balance 9,748,311$ 9,748,311$ 0$ Equipment Replacement Fund Revenues 2017-18 Actual 2018-19 Adopted 2018-19 Amended 2018-19 Actual Variance from Amended Budget % of Budget Use of Money & Property 46,212$ 95,000$ 95,000$ 184,281$ $ (89,281)194% Other Financing Sources -$ 700,000$ 700,000$ -$ $ 700,000 0% Other Revenues 1,808,587$ 1,746,503$ 1,746,503$ 1,634,961$ $ 111,541 94% Transfers In 1,200,000$ -$ -$ -$ $ - n/a Total Revenues 3,054,799$ 2,541,503$ 2,541,503$ 1,819,242$ 722,260$ 72% Expenditures 2017-18 Actual 2018-19 Adopted 2018-19 Amended 2018-19 Actual Variance from Amended Budget % of Budget Supplies & Services (372,203)$ 176,844$ 208,538$ -$ $ 208,538 0% Capital Outlay 509,864$ 1,200,000$ 3,194,347$ -$ $ 3,194,347 0% Debt Service 585,851$ 523,766$ 523,766$ -$ $ 523,766 0% Transfers Out 184,087$ 35,000$ 43,336$ -$ $ 43,336 0% Total Expenditures 907,599$ 1,935,610$ 3,969,987$ -$ 3,969,987$ 0% Net Surplus / (Deficit) $ 1,819,242 Reserve Type Beginning Balance Ending Balance (Increase) / Decrease Unassigned 1,334,137$ 1,957,152$ (623,015)$ Investment in Capital Assests - Net of Debt 4,308,511$ 4,157,938$ 150,573$ Encumbrances 2,026,041$ 1,454,847$ 571,193$ Vehicle Replacement 431,812$ 431,812$ -$ CIP 8,336$ 43,336$ (35,000)$ Unrealized Gains/Losses (38,730)$ 25,022$ (63,752)$ Equipment Replacement 140,526$ 140,526$ 0$ Computer Hardware Replacement 140,526$ 140,526$ 0$ Total Fund Balance 8,351,159$ 8,351,159$ (0)$ Information Technology (IT) Fund Revenues 2017-18 Actual 2018-19 Adopted 2018-19 Amended 2018-19 Actual Variance from Amended Budget % of Budget Charges for Services 56,001$ 40,000$ 40,000$ 96,326$ $ (56,326)241% Use of Money & Property 1,676$ 14,000$ 14,000$ 41,598$ $ (27,598)297% Other Revenues 2,584,771$ 2,670,676$ 2,670,676$ 2,670,676$ $ (1)100% Transfers In -$ 240,000$ 445,000$ -$ $ 445,000 0% Total Revenues 2,642,448$ 2,964,676$ 3,169,676$ 2,808,600$ 361,075$ 89% Expenditures 2017-18 Actual 2018-19 Adopted 2018-19 Amended 2018-19 Actual Variance from Amended Budget % of Budget Salaries & Benefits 1,145,674$ 1,313,513$ 1,313,513$ 1,317,355$ $ (3,842)100% Supplies & Services 1,078,430$ 1,739,317$ 2,470,574$ 1,367,270$ $ 1,103,304 55% Interdepartmental Charges 11,077$ 11,845$ 11,845$ 11,845$ $ - 100% Total Expenditures 2,235,180$ 3,064,676$ 3,795,932$ 2,696,470$ 1,099,462$ 71% Net Surplus / $ 112,130 Reserve Type Beginning Ending (Increase) / Unassigned 76,436$ (249,532)$ 325,967$ Encumbrances 526,257$ 833,711$ (307,454)$ Unrealized Gains/Losses (18,523)$ (10)$ (18,513)$ Telecommunications Equipment 349,130$ 349,130$ -$ GIS Mapping Enhancements 76,275$ 76,275$ -$ Total Fund Balance 1,009,575$ 1,009,575$ (0)$ Public Educational Government (PEG) Fund Revenues 2017-18 Actual 2018-19 Adopted 2018-19 Amended 2018-19 Actual Variance from Amended Budget % of Budget Franchise Fees 173,849$ 125,000$ 125,000$ 166,476$ $ (41,476)133% Use of Money & Property 1,351$ 5,000$ 5,000$ 38,074$ $ (33,074)761% Total Revenues 175,200$ 130,000$ 130,000$ 204,550$ (74,550)$ 157% Expenditures 2017-18 Actual 2018-19 Adopted 2018-19 Amended 2018-19 Actual Variance from Amended Budget % of Budget Supplies & Services 4,585$ -$ 68,891$ 77,364$ $ (8,473)112% Total Expenditures 4,585$ -$ 68,891$ 77,364$ (8,473)$ 112% Net Surplus / (Deficit) $ 127,186 Reserve Type Beginning Balance Ending Balance (Increase) / Decrease Unassigned 1,090,426$ 1,142,301$ (51,875)$ Encumbrances 68,891$ -$ 68,891$ Unrealized Gains/Losses (17,407)$ (390)$ (17,017)$ Total Fund Balance 1,141,910$ 1,141,910$ (0)$ Park Land Acquisition Fee Fund Revenues 2017-18 Actual 2018-19 Adopted 2018-19 Amended 2018-19 Actual Variance from Amended Budget % of Budget Use of Money & Property (14)$ -$ -$ 16,622$ $ (16,622)n/a Impact Fees 54,678$ -$ -$ 294,649$ $ (294,649)n/a Total Revenues 54,664$ -$ -$ 311,271$ (311,271)$ n/a Net Surplus / (Deficit) $ 311,271 Reserve Type Beginning Balance Ending Balance (Increase) / Decrease Unassigned 55,110$ 47,106$ 8,004$ Unrealized Gains/Losses (446)$ 7,558$ (8,004)$ Total Fund Balance 54,664$ 54,664$ -$ Park Construction Fee Fund Revenues 2017-18 Actual 2018-19 Adopted 2018-19 Amended 2018-19 Actual Variance from Amended Budget % of Budget Use of Money & Property (5)$ -$ -$ 20,812$ $ (20,812)m/a Impact Fees 25,169$ -$ -$ 2,092,001$ $ (2,092,001)n/a Total Revenues 25,164$ -$ -$ 2,112,813$ (2,112,813)$ n/a Expenditures 2017-18 Actual 2018-19 Adopted 2018-19 Amended 2018-19 Actual Variance from Amended Budget % of Budget Transfers Out 7,550$ -$ 188,796$ 13,918$ $ 174,878 7% Total Expenditures 7,550$ -$ 188,796$ 13,918$ 174,878$ 7% Net Surplus / (Deficit) $ 2,098,895 Reserve Type Beginning Balance Ending Balance (Increase) / Decrease Unassigned (207,159)$ (166,207)$ (40,952)$ CIP 224,950$ 174,878$ 50,072$ Unrealized Gains/Losses (172)$ 8,948$ (9,120)$ Total Fund Balance 17,619$ 17,619$ -$ East of 101 Sewer Impact Fee Fund Revenues 2017-18 Actual 2018-19 Adopted 2018-19 Amended 2018-19 Actual Variance from Amended Budget % of Budget Use of Money & Property 2,655$ -$ -$ 100,304$ $ (100,304)n/a Impact Fees 2,262,536$ -$ -$ 1,781,407$ $ (1,781,407)n/a Total Revenues 2,265,191$ -$ -$ 1,881,711$ (1,881,711)$ n/a Expenditures 2017-18 Actual 2018-19 Adopted 2018-19 Amended 2018-19 Actual Variance from Amended Budget % of Budget Indepartmental Charges 2,575$ 2,652$ 2,652$ 2,652$ $ - 100% Transfers Out 111,936$ 3,300,000$ 3,527,395$ 281,827$ $ 3,245,568 8% Total Expenditures 114,511$ 3,302,652$ 3,530,047$ 284,479$ 3,245,568$ 8% Net Surplus / (Deficit) $ 1,597,232 Reserve Type Beginning Balance Ending Balance (Increase) / Decrease Unassigned 2,524,888$ (495,967)$ 3,020,855$ CIP 228,306$ 3,204,378$ (2,976,072)$ Unrealized Gains/Losses 85,709$ 130,492$ (44,783)$ Total Fund Balance 2,838,902$ 2,838,902$ -$ East of 101 Traffic Impact Fee Fund Revenues 2017-18 Actual 2018-19 Adopted 2018-19 Amended 2018-19 Actual Variance from Amended Budget % of Budget Use of Money & Property 17,423$ -$ -$ 533,381$ $ (533,381)n/a Impact Fees 5,698,649$ -$ -$ 8,304,582$ $ (8,304,582)n/a Total Revenues 5,716,072$ -$ -$ 8,837,963$ (8,837,963)$ n/a Expenditures 2017-18 Actual 2018-19 Adopted 2018-19 Amended 2018-19 Actual Variance from Amended Budget % of Budget Indepartmental Charges 2,575$ 2,652$ 2,652$ 2,652$ $ - 100% Transfers Out 299,685$ 2,550,000$ 5,942,618$ 701,659$ $ 5,240,959 12% Total Expenditures 302,260$ 2,552,652$ 5,945,270$ 704,311$ 5,240,959$ 12% Net Surplus / (Deficit) $ 8,133,652 Reserve Type Beginning Balance Ending Balance (Increase) / Decrease Unassigned 9,282,680$ 8,171,097$ 1,111,583$ CIP 3,239,818$ 4,113,613$ (873,795)$ Unrealized Gains/Losses (62,693)$ 175,095$ (237,788)$ Total Fund Balance 12,459,805$ 12,459,805$ (0)$ Public Safety Impact Fee Fund Revenues 2017-18 Actual 2018-19 Adopted 2018-19 Amended 2018-19 Actual Variance from Amended Budget % of Budget Use of Money & Property 1,538$ -$ -$ 33,639$ $ (33,639)n/a Impact Fees 867,869$ -$ -$ 445,462$ $ (445,462)n/a Total Revenues 869,407$ -$ -$ 479,101$ (479,101)$ n/a Expenditures 2017-18 Actual 2018-19 Adopted 2018-19 Amended 2018-19 Actual Variance from Amended Budget % of Budget Supplies & Services -$ -$ 4,391$ 4,391$ $ - 100% Transfers Out 427,503$ 250,880$ 328,601$ 9,517$ $ 319,084 3% Total Expenditures 427,503$ 250,880$ 332,992$ 13,908$ 319,084$ 4% Net Surplus / $ 465,193 Reserve Type Beginning Balance Ending Balance (Increase) / Decrease Unassigned 766,675$ 514,693$ 251,982$ Encumbrances 4,391$ -$ 4,391$ CIP 77,721$ 319,084$ (241,363)$ Unrealized Gains/Losses (12,749)$ 2,261$ (15,010)$ Total Fund Balance 836,038$ 836,038$ 0$ Bicycle/Pedestrian Impact Fee Fund Revenues 2017-18 Actual 2018-19 Adopted 2018-19 Amended 2018-19 Actual Variance from Amended Budget % of Budget Use of Money & Property (1)$ -$ -$ 746$ $ (746)n/a Impact Fees 927$ -$ -$ 49,602$ $ (49,602)n/a Total Revenues 926$ -$ -$ 50,348$ (50,348)$ n/a Net Surplus / (Deficit) $ 50,348 Reserve Type Beginning Balance Ending Balance (Increase) / Decrease Unassigned 932$ 607$ 325$ Unrealized Gains/Losses (6)$ 319$ (325)$ Total Fund Balance 926$ 926$ -$ Child Care Impact Fee Fund Revenues 2017-18 Actual 2018-19 Adopted 2018-19 Amended 2018-19 Actual Variance from Amended Budget % of Budget Use of Money & Property 5,928$ -$ -$ 172,624$ $ (172,624)n/a Impact Fees 1,289,382$ -$ -$ 747,845$ $ (747,845)n/a Total Revenues 1,295,310$ -$ -$ 920,469$ (920,469)$ n/a Expenditures 2017-18 Actual 2018-19 Adopted 2018-19 Amended 2018-19 Actual Variance from Amended Budget % of Budget Supplies & Services -$ -$ 99,988$ 73,500$ $ 26,488 74% Salaries & Benefits 12$ -$ -$ -$ $ - n/a Interdepartmental Charges 2,575$ 2,652$ 2,652$ 2,652$ $ - 100% Total Expenditures 2,587$ 2,652$ 102,640$ 76,152$ 26,488$ 74% Net Surplus / (Deficit) $ 844,317 Reserve Type Beginning Balance Ending Balance (Increase) / Decrease Unassigned 4,653,006$ 4,649,402$ 3,604$ Encumbrances 75,000$ 1,500$ 73,500$ Unrealized Gains/Losses (35,595)$ 41,509$ (77,104)$ Total Fund Balance 4,692,411$ 4,692,411$ -$ Oyster Point Interchange Fund Revenues 2017-18 Actual 2018-19 Adopted 2018-19 Amended 2018-19 Actual Variance from Amended Budget % of Budget Use of Money & Property 2,629$ 46,385$ $ (46,385)n/a Impact Fees 2,379,998$ 3,460,060$ $ (3,460,060)n/a Total Revenues 2,382,627$ -$ -$ 3,506,445$ (3,506,445)$ n/a Expenditures 2017-18 Actual 2018-19 Adopted 2018-19 Amended 2018-19 Actual Variance from Amended Budget % of Budget Supplies & Services -$ -$ 52,561$ -$ $ 52,561 0% Debt Service 2,382,000$ -$ -$ 3,464,000$ $ (3,464,000)n/a Total Expenditures 2,382,000$ -$ 52,561$ 3,464,000$ (3,411,439)$ 6590% Net Surplus / (Deficit) $ 42,445 Reserve Type Beginning Balance Ending Balance (Increase) / Decrease Unassigned (30,139)$ 2,175$ (32,314)$ CIP 52,561$ -$ 52,561$ Unrealized Gains/Losses 7,389$ 27,636$ (20,247)$ Total Fund Balance 29,811$ 29,811$ 0$ FY 2018-2019 Year-End Results Presentation to Budget Standing Committee Janet Salisbury 06 JANUARY 2020 DISCLAIMER: Information contained herein represent the City’s financial position based upon information available as of December 4, 2019. As it is being presented prior to release of final opinion of the City’s auditors, it is subject to change. AGENDA 1 Financial Highlights 2 General Fund Overview 3 Developer Impact Fees 4 Enterprise Funds 5 Recommended Council Actions 2 Citywide Financial Highlights for FY2018-19 1Financial Highlights General Fund* Operating Surplus = $19.5 million –Revenues (excluding transfers) = $121.9 million –Expenditures (excluding transfers) = $102.5 million Measure W Sales Tax Revenues = $12.6 million –Represents $1.5 million (13%) increase from prior year Pension Liability = $182.7 million OPEB Liability = $ 60.5 million Combined = $243.2 million * Excludes Measure W Sales Tax 3 General Fund Revenues Revenue Comparison (FY17-18, FY18-19 Adopted Budget, FY18-19) 0 5 10 15 20 25 30 35 40 $ millionFY2017-18 Results FY2018-19 Adopted Budget FY2018-19 Results 4 2General Fund Overview TOTAL FY2018-19 Revenues (excluding transfers): $121.9M General Fund Expenditures Expenditure Comparison (FY17-18, FY18-19 Adopted Budget, FY18-19) 0 5 10 15 20 25 30 $ millionFY2017-18 Results FY2018-19 Adopted Budget FY2018-19 Results 5 2General Fund Overview TOTAL FY2018-19 Expenditures (excluding transfers): $102.5M Measure W Summary Revenues/Expenditures by Fiscal Year 0 2 4 6 8 10 12 14 FY 2015-16 FY 2016-17 FY 2017-18 FY 2018-19$ millionRevenue Expenditure 6 2General Fund Overview Total Fund Balance as of June 30, 2019: $14.07M Total Fund Balance as of Dec. 15, 2019: $16.46M Estimated Revenue for FY2019-20: $12.60M* *Source: Avenu Insights & Analytics (Economic Review 2019Q2) Developer Impact Fees Revenue Comparison (FY16-17, FY17-18, FY18-19) - 1 2 3 4 5 6 7 8 9 E101 Sewer E101 Traffic Sewer Capacity Charge Oyster Point Improvement Oyster Point Development$ millionFY2016-17 FY2017-18 FY2018-19 7 3Impact Fees Developer Impact Fees (cont.) Revenue Comparison (FY16-17, FY17-18, FY18-19) - 0.5 1.0 1.5 2.0 2.5 Public Safety Child Care Park Land Acquisition Parks Construction Bike/Ped Impact$ millionFY2016-17 FY2017-18 FY2018-19 8 3Impact Fees Enterprise Funds (Business Type Activities) 4Enterprise Funds Sewer Enterprise –Net Position Increase = $5.3 million –Revenues = $29.9 million –Expenses = $24.9 million Parking District –Net Position Increase = $0.4 million –Revenues = $1.2 million –Expenses = $0.9 million Storm Water Management –Net Position Increase = $1.5 million –Revenues = $0.4 million –Expenses = $1.2 million 9 Recommended Council Actions 5Council Actions General Fund Operating Surplus for FY 2018-19 = $19.5 million Surplus Needed for General Reserves = $2.0 million Encumbrances and other Accounting Transfers = $6.3 million Remaining General Fund Surplus = $11.1 million Recommended Council Appropriations: –Jobs for Youth Program = $100,000 –Census 2020 = $100,000 –Transfer to Infrastructure Reserve = $10.9 million 1 0 QUESTIONS 11 City of South San Francisco Legislation Text P.O. Box 711 (City Hall, 400 Grand Avenue) South San Francisco, CA File #:19-1045 Agenda Date:1/6/2020 Version:1 Item #:3. Report regarding submittal to the Successor Agency Oversight Board a Recognized Obligation Payment Schedule and Administrative Budget for the period July 1,2020 through June 30,2021.(Janet Salisbury, Director of Finance) RECOMMENDATION Staff requests that the Budget Standing Committee of the City of South San Francisco recommend that City Council take the following actions at their January 8,2020 City Council meeting:1)adopt a resolution approving the Successor Agency Administrative Budget for Fiscal Year 2020-21;and 2)adopt a resolution approving the Recognized Obligation Payment Schedule for Fiscal Year 2020-21 and recommend approving submittal to the San Mateo Countywide Oversight Board. DISCUSSION The form of the two resolutions that are recommended to be adopted at the January 8,2020 City Council meeting are attached to this report.Attachment 1 is the resolution approving the administrative budget.The ROPS 20-21 details can be found in Attachment 2 to this staff report.A total of $6,186,851 is requested to fund ROPS 20-21 obligations,including $1,133,500 from Redevelopment Property Tax Trust Funds (“RPTTF”)and $5,035,351 from Other Funds and Reserve Balances.The ROPS 20-21 requests an administrative cost allowance of $200,000. ROPS OBLIGATIONS The ROPS 20-21 contains the following obligations: ·Item 11 -Bond Administration /Continuing Disclosure Cost -This item has been marked as retired as all Successor Agency bonds were paid off in FY 2018-19 and there are no remaining bond administration costs. ·Items 12,13,and 14 -Oyster Point Ventures DDA -$4,779,335 is requested for enforceable obligations associated with Sections 3.2.1,3.4.1 and 5.2 of the DDA and for staff and legal expenses associated with Successor Agency implementation of the DDA.Of this amount,only $1,133,500 is requested from RPTTF,$3,112,924 from Other Funds held by the Successor Agency,and $532,911 is from Reserve Balance held by the Successor Agency (excess PPA unallocated in prior periods).The investment of RPTTF into the Oyster Point development will result in a significant increase in property tax revenues for affected taxing agencies,from $840,000 prior to dissolution in 2011 to $23.23 million projected in 2024. In summary,additional costs are required to be incurred resulting from:(1)the import of cover soil;(2) the import of clay;(3)the cement treatment of refuse for purpose of compaction and (4)the export/relocation of refuse on-site and off-site.The total amount of costs for these activities has increased during construction from $9,505,703 estimated in January 2019 to $19,395,376 as estimated in December 2019.The Developer and Successor Agency are sharing in these increased costs as part of a proposed settlement agreement.The Developer’s agreement to share in these costs is expressly City of South San Francisco Printed on 1/2/2020Page 1 of 4 powered by Legistar™ File #:19-1045 Agenda Date:1/6/2020 Version:1 Item #:3. a proposed settlement agreement.The Developer’s agreement to share in these costs is expressly contingent on the approval of the Successor Agency funding proposed in this ROPS for line items 12 and 13.These additional costs are necessary to allow the infrastructure required by the DDA to be constructed as the additional work is necessary to provide,for example,a stable base under the streets and utilities to the hub,the streets and utilities to the point and the parking area between the beach park area and the ferry terminal.The necessity of this additional work was determined once the landfill cap on the project site was opened and the contractor began to excavate and relocate solid waste and other materials on site as required under the approved construction plans.The DDA anticipated the potential for additional costs such as these in the exhibits related to section 3.2.1 which provides,in part,that the “quantities,scope of work,and cost estimates [for the required infrastructure]will be modified when construction drawings are prepared”(see Exhibit 3.2.1A).Although not anticipated,any additional costs for these items beyond the amount sought herein would be sole responsibility of the Developer. Item 12 requests $3,310,464 ($3,112,924 from Other Funds and $197,540 from RPTTF)for additional costs associated with: 1)Imported cover soil and clay that is necessary for street and utilities to the hub (the Successor Agency is responsible for 20 percent of these costs)[3.2.1(i)(1)and (ii)],the streets and utilities to point [3.2.1(i)(2)and (ii)]and the reconfiguration and reconstruction of parking [3.2.1(ii)and (iii)]; 2)Cement mixing treatment to create a stable base for the streets and utilities at the hub,the streets and utilities to point and the reconfigured parking area [3.2.1 (i) (1 &2) and (iii)]; and 3)Off-haul of excess relocated solid waste from areas under the streets and utilities at the hub (20%Successor Agency cost),the streets and utilities to the point and reconfigured parking areas [3.2.1(i)(2) and (iii)]. Item 13 requests $1,300,180 ($532,911 from Reserve Balance and $767,269 from RPTTF)for the Successor Agency portion of the cost of off-haul of excess solid waste from the streets and utilities to the Hub and adjacent areas including portion of Phase IID (Section 5.2)pursuant to a proposed settlement agreement. Item 14 requests $168,691 (from RPTTF)for estimated project-related staff costs to implement these items. Please note that the total increased costs for Items 12 and 13 is actually $5,818,160 but the Successor Agency is seeking approval to reallocate $1,207,516 in funds previously approved by the Oversight Board and DOF for Phase IC Cap Repair and cost savings associated with changing from the use of Geofoam to another form of soil stabilization treatment to offset $1,207,516 in costs.The funds were distributed as RPTTF in prior ROPS periods and transferred to an Oyster Point escrow account,and reported as “Reserve Balance”in the Cash Balances form.The $1,207,516 reallocation from the Oyster Point escrow account is requested as “Reserve Balance” under Item 12. ·Item 16 and 17 -Harbor District Agreement Fees -There are no costs associated with Harbor District enforceable obligations in Fiscal Year 2020-21.The line items should remain on the ROPS as there are potential remaining enforceable obligations. ·Items 21,22,23,and 24 -Train Station Improvement Phases I &II Fees -No expenses are anticipated for these enforceable obligations in Fiscal Year 2020-21.The line items should remain on the ROPS as City of South San Francisco Printed on 1/2/2020Page 2 of 4 powered by Legistar™ File #:19-1045 Agenda Date:1/6/2020 Version:1 Item #:3. there are potential remaining enforceable obligations. ·Item 48 -Administrative Cost Allowance -The Successor Agency is requesting $200,000 for Fiscal Year 2020-21 administrative expenses,which is within the maximum permitted by law.Administrative costs are needed to administer obligations and prepare required reports,such as the ROPS and audited financial statements.The Administrative Budget for Fiscal Year 2020-21 contains more detail,and is attached to the resolution accompanying this staff report. The maximum administrative cost allowance is based on the amount of Redevelopment Property Tax Trust Funds (“RPTTF”,or property tax increment)distributed in the prior fiscal year.DOF approved $512,557 in obligations funded by RPTTF on the ROPS 19-20.However,no RPTTF was distributed because the Successor Agency had unspent funds remaining from prior ROPS periods.It is possible that DOF will reduce the Successor Agency’s Fiscal Year 2020-21 administrative cost allowance to zero. Successor Agency staff will work with DOF on the administrative allowance during their review. ·Items 51 and 52 -Accrued PERS Pension and Retiree Health Obligations -No expenses are requested for these items on the ROPS 20-21.The obligations are not being retired in case the Successor Agency wishes to request eligible costs in future years. REPORT OF CASH BALANCES The “Report of Cash Balances”page reports available cash balances by type in Fiscal Year 2017-18.As of June 30,2018,the Successor Agency had $532,911 in Reserve Balances leftover from prior ROPS periods.There were also $3,312,924 in Other Funds as of June 30,2018.This includes revenues from a City payment to the Successor Agency related to an Oyster Point loan,rents and interest earned in Fiscal Year 2017-18,and Other Funds unspent from prior periods.Staff has allocated $1,207,516 in Reserve Balances ($531,911 in Excess PPA and $1,207,516 from the Oyster Point escrow account)and $3,312,924 in Other Funds toward ROPS 20-21 Items 12-14 and 48. Any remaining balance will be reserved for future ROPS. The Successor Agency anticipates that a $591,869 Prior Period Adjustment will be made to account for RPTTF that was unspent in the ROPS 17-18 period.This is reported on the “Report of Cash Balances”page,Column G,Row 5.The Prior Period Adjustment process is handled separately from the ROPS by the San Mateo County Auditor-Controller.The Successor Agency submitted a Prior Period Adjustment form to the County Auditor-Controller on October 1,2019 to review ROPS 17-18 expenses.The County will make a determination on the Prior Period Adjustment amount and send it to DOF by February 1, 2020. ADMINISTRATIVE BUDGET Health and Safety Code Section 34177(j)requires the Successor Agency to prepare an administrative budget and submit it to the Oversight Board for approval.An Administrative Budget for Fiscal Year 2020-21 is attached as an exhibit to the accompanying resolution for the Successor Agency’s consideration.It will also be submitted to the Oversight Board for approval. Staff proposes an administrative cost allowance of $200,000 for Fiscal Year 2020-21 to cover professional services (including preparation of the ROPS and auditor fees)and staff costs and overhead required to administer enforceable obligations and prepare legally mandated reports.This is based on actual administrative costs incurred in prior years and within the amount permitted by HSC Section 34171(b)(1). LAST AND FINAL ROPS Pursuant to HSC section 34191.6(a),agencies that have received a Finding of Completion may submit a Last City of South San Francisco Printed on 1/2/2020Page 3 of 4 powered by Legistar™ File #:19-1045 Agenda Date:1/6/2020 Version:1 Item #:3. Pursuant to HSC section 34191.6(a),agencies that have received a Finding of Completion may submit a Last and Final ROPS beginning January 1, 2016 if all the following conditions are met: 1)The remaining debt is limited to administrative costs and payments pursuant to enforceable obligations with defined payment schedules including,but not limited to,debt service,loan agreements and contracts. 2)All remaining obligations have been previously listed on the ROPS and approved for payment by Finance pursuant to HSC section 34177 (m) or (o). 3)The agency is not a party to outstanding/unresolved litigation,except as specified in HSC section 34191.6(a)(3). Due to the Successor Agency’s outstanding obligation related to environmental remediation at the Oyster Point site,which is an unknown cost,we cannot anticipate when or if the Successor Agency will file a last and final ROPS. OVERSIGHT BOARD CONSOLIDATION As of July 1,2018,the San Mateo Countywide Oversight Board was established pursuant to HSC Section 34179(j),replacing the local South San Francisco Oversight Board.The Countywide Oversight Board reviews actions taken by all successor agencies within San Mateo County and can direct successor agencies to perform certain actions. The Countywide Oversight Board is considering the ROPS 20-21 and Administrative Budget for Fiscal Year 2020-21 at its meeting on January 13,2020.With the consolidation of the Oversight Boards,successor agencies have been asked to provide additional supporting documentation,especially for the administrative allowance. Successor Agency staff will respond to any requests for additional information from the Oversight Board. CONCLUSION Adoption of both resolutions will enable the Successor Agency to forward the proposed ROPS and Administrative Budget to the Oversight Board on January 13,2020 in order to fulfill the obligations under Health and Safety Code Section 34177 regarding adoption of a ROPS 20-21 and Administrative Budget for the period July 1,2020 through June 30,2021.The ROPS 20-21 will then be submitted to DOF for approval by February 1, 2020. City of South San Francisco Printed on 1/2/2020Page 4 of 4 powered by Legistar™ City of South San Francisco Legislation Text P.O. Box 711 (City Hall, 400 Grand Avenue) South San Francisco, CA File #:19-1020 Agenda Date:1/8/2020 Version:1 Item #:3. Resolution of the Successor Agency to the former Redevelopment Agency of the City of South San Francisco reviewing and approving the Successor Agency Administrative Budget for the period July 1, 2020 through June 30, 2021, pursuant to Health and Safety Code Section 34177(j) WHEREAS, pursuant to Part 1.85 of Division 24 of the California Health and Safety Code (“HSC”) Section 34170 et seq. (“Dissolution Act”), the Former Redevelopment Agency of the City of South San Francisco (“RDA”) was dissolved as of February 1, 2012; and WHEREAS, the Successor Agency to the Former Redevelopment Agency of the City of South San Francisco (“Successor Agency”) succeeded to all assets, properties, contracts, leases, books and records, buildings, and equipment of the former RDA and, except as repealed, restricted, or revised by the Dissolution Act, was vested with all authority, rights, powers, duties and obligations under the California Community Redevelopment Law (HSC Section 33000 et seq.) previously vested with the former RDA; and WHEREAS, HSC Section 34177(j) requires the Successor Agency to prepare a proposed administrative budget and submit it to the San Mateo Countywide Oversight Board (“Oversight Board”) for approval; and WHEREAS, Successor Agency staff has prepared an administrative budget for Fiscal Year 2020-21, with detail for the July 1, 2020 through June 30, 2021 period (“Administrative Budget”); and WHEREAS, the Oversight Board will review the Administrative Budget on January 13, 2020; and WHEREAS, the Successor Agency desires to approve the Administrative Budget for Fiscal Year 2020-21. NOW, THEREFORE, the Successor Agency to the Redevelopment Agency of the City of South San Francisco, does hereby resolve as follows: 1. The Recitals set forth above are true and correct, and are incorporated herein by reference; 2. In accordance with HSC Section 34177(j), the Successor Agency hereby approves the Administrative Budget for the period July 1, 2020 through June 30, 2021, attached hereto as Exhibit A, contingent upon approval by the Oversight Board at its meeting on January 13, 2020. 3. The City Finance Director or designee is authorized to modify the Administrative Budget to correct errors, to update it if necessary as a result of subsequent review by the Oversight Board, and provide clarifications consistent with requirements of the State Department of Finance and the intent of this Resolution; 4. The Executive Director of the Successor Agency or designee is authorized and directed to take all actions necessary to implement this Resolution, including without limitation, the submittal of the City of South San Francisco Printed on 12/31/2019Page 1 of 2 powered by Legistar™ Attachment 1 File #:19-1020 Agenda Date:1/8/2020 Version:1 Item #:3. Administrative Budget to the Oversight Board. City of South San Francisco Printed on 12/31/2019Page 2 of 2 powered by Legistar™ Exhibit A Successor Agency to the Former South San Francisco Redevelopment Agency ROPS 20‐21 Administrative Cost Allowance Budget Period: 7/1/20 to 6/30/21 Description of Cost/Expense Amount Staff salaries, benefits, and payroll taxes 120,000$       Overhead costs and supplies 1,000$           Professional Services ‐ SA Consulting, RSG, Inc. (prepare ROPS, PPA, cash  flow/budgeting, DOF and County Coordination)25,000$         Professional services ‐ Auditors 4,000$           Professional Services ‐ Legal, Meyers Nave 50,000$         Total 200,000$      City of South San Francisco Legislation Text File #:19-1019 Agenda Date:1/8/2020 Version:1 Item #:2. Resolution of the Successor Agency to the former Redevelopment Agency of the City of South San Francisco reviewing and approving the Recognized Obligation Payment Schedule for the period July 1, 2020 through June 30, 2021, pursuant to the Health and Safety Code Section 34177(L). WHEREAS, pursuant to Part 1.85 of Division 24 of the California Health and Safety Code (“HSC”) Section 34170 et seq. (“Dissolution Act”), the Former Redevelopment Agency of the City of South San Francisco (“RDA”) was dissolved as of February 1, 2012; and WHEREAS, the Successor Agency to the Former Redevelopment Agency of the City of South San Francisco (“Successor Agency”) succeeded to all assets, properties, contracts, leases, books and records, buildings, and equipment of the former RDA and, except as repealed, restricted, or revised by the Dissolution Act, was vested with all authority, rights, powers, duties and obligations under the California Community Redevelopment Law (HSC Section 33000 et seq.) previously vested with the former RDA; and WHEREAS, HSC Section 34177(l) requires the Successor Agency to prepare a Recognized Obligation Payment Schedule (“ROPS”) for each 12-month fiscal period, which lists the outstanding obligations of the former RDA and states the sources of funds for required payments; and WHEREAS, Successor Agency staff has prepared a ROPS for the July 1, 2020 through June 30, 2021 fiscal period (“ROPS 20-21”), which, pursuant to HSC Section 34177(l), must be approved by the San Mateo Countywide Oversight Board (“Oversight Board”) and submitted to the State Department of Finance (“DOF”) no later than February 1, 2020; and WHEREAS, the Oversight Board will review ROPS 20-21 on January 13, 2020; and WHEREAS, the Successor Agency desires to approve the ROPS and transmit it to various parties as required by the Dissolution Act. NOW, THEREFORE, the Successor Agency to the Redevelopment Agency of the City of South San Francisco, does hereby resolve as follows: 1. The Recitals set forth above are true and correct, and are incorporated herein by reference; 2. The draft ROPS attached hereto as Exhibit A was prepared by the Successor Agency, reviewed and approved by the Successor Agency Board, and will be submitted to the Oversight Board; 3. The City Finance Director or designee is authorized to modify the draft ROPS to correct errors, to update the ROPS if necessary as a result of subsequent review by the Oversight Board, and provide clarifications consistent with requirements of the State Department of Finance and the intent of this Resolution; City of South San Francisco Printed on 12/31/2019Page 1 of 2 powered by Legistar™ Attachment 2 P.O. Box 711 (City Hall, 400 Grand Avenue) South San Francisco, CA File #:19-1019 Agenda Date:1/8/2020 Version:1 Item #:2. 4. The Executive Director of the Successor Agency or designee is authorized and directed to take all actions necessary to implement this Resolution, including without limitation, the submittal of the draft ROPS to the Oversight Board, the County Auditor-Controller, the County Administrative Officer, the State Department of Finance, and the State Controller, and the posting of this Resolution and the draft ROPS on the Successor Agency’s website; 5. The Finance Director or designee is authorized to incorporate the items on the ROPS into the 2020-21 operating budget once the ROPS is approved; 6. The Executive Director and the Finance Director, and their designees, are authorized and directed to take such actions as necessary and appropriate to carry out and implement the intent of this Resolution, including without limitation, the establishment of separate accounts and funds as necessary to appropriately document the receipts and expenditures of the Successor Agency. 7. The Executive Director of the Successor Agency and/or his designee are authorized to execute contracts and agreements for the items listed on the July 1, 2020 through June 30, 2021 ROPS, as approved by the Oversight Board, up to the amounts specified on the approved ROPS for such items, unless specifically directed otherwise by the Oversight Board. City of South San Francisco Printed on 12/31/2019Page 2 of 2 powered by Legistar™ Recognized Obligation Payment Schedule (ROPS 20-21) - Summary Filed for the July 1, 2020 through June 30, 2021 Period Successor Agency: South San Francisco County: San Mateo Current Period Requested Funding for Enforceable Obligations (ROPS Detail) 20-21A Total (July - December) 20-21B Total (January - June) ROPS 20-21 Total A Enforceable Obligations Funded as Follows (B+C+D) $ 5,053,351 $ -$ 5,053,351 B Bond Proceeds - - - C Reserve Balance 1,740,427 -1,740,427 D Other Funds 3,312,924 -3,312,924 E Redevelopment Property Tax Trust Fund (RPTTF) (F+G) $ 1,133,500 $ -$ 1,133,500 F RPTTF 1,133,500 -1,133,500 G Administrative RPTTF - - - H Current Period Enforceable Obligations (A+E) $ 6,186,851 $ -$ 6,186,851 Certification of Oversight Board Chairman: Name Title Pursuant to Section 34177 (o) of the Health and Safety code, I hereby certify that the above is a true and accurate Recognized Obligation Payment Schedule for the above named successor agency. /s/ Signature Date Exhibit A South San Francisco Recognized Obligation Payment Schedule (ROPS 20-21) - ROPS Detail July 1, 2020 through June 30, 2021 A B C D E F G H I J K L M N O P Q R S T U V W Item # Project Name Obligation Type Agreement Execution Date Agreement Termination Date Payee Description Project Area Total Outstanding Obligation Retired ROPS 20-21 Total ROPS 20-21A (Jul - Dec) 20-21A Total ROPS 20-21B (Jan - Jun) 20-21B Total Fund Sources Fund Sources Bond Proceeds Reserve Balance Other Funds RPTTF Admin RPTTF Bond Proceeds Reserve Balance Other Funds RPTTF Admin RPTTF $31,052,083 $6,186,851 $- $1,740,427 $3,312,924 $1,133,500 $- $6,186,851 $- $- $- $- $- $- 11 Bond Admin/ Disc Costs Hsg Bonds Fees 01/01/ 1999 09/01/2018 Bank of New York/Willdan Costs to administer the housing bonds Merged - Y $- - - - - - $- - - - - - $- 12 Oyster Point Ventures DDA OPA/DDA/ Construction 03/23/ 2011 11/11/2026 Oyster Pt Ventures, LLC DDA Sections 3.2.1 Phase IC Improvements and 3.4.1 Improvement Costs Merged 4,517,980 N $4,517,980 - 1,207,516 3,112,924 197,540 - $4,517,980 - - - - - $- 13 Oyster Point Ventures DDA OPA/DDA/ Construction 03/23/ 2011 11/11/2026 Various contractors/ staff DDA Section 5.2 Environmental Indemnification Merged 19,898,052 N $1,300,180 - 532,911 - 767,269 - $1,300,180 - - - - - $- 14 Oyster Point Ventures DDA Project Management Costs 03/23/ 2011 11/11/2026 Legal/Staff costs Soft project management costs Merged 1,063,144 N $168,691 - - - 168,691 - $168,691 - - - - - $- 16 Harbor District Agreement Improvement/ Infrastructure 03/25/ 2011 11/11/2026 Harbor District Secs. 5.0 lease rev; 7.0 temp. office Merged 1,793,248 N $- - - - - - $- - - - - - $- 17 Harbor District Agreement Project Management Costs 03/25/ 2011 11/11/2026 Legal/Staff costs Soft project management costs Merged 798,341 N $- - - - - - $- - - - - - $- 21 Train Station Imprvmnts Ph 1(pf1002) Remediation 03/11/ 2009 12/31/2014 TechAccutite/ Wisley Ham Contracted work-site remediation Merged 87,494 N $- - - - - - $- - - - - - $- 22 Train Station Imprvmnts Phase 1 Project Management Costs 03/11/ 2009 12/31/2014 Staff Costs Soft project management costs Merged 9,309 N $- - - - - - $- - - - - - $- 23 Train Station Imprvmnts Phase 2 Remediation 12/09/ 2009 12/31/2014 Various contractors Site remediation per Cal Trans Agrmt. Merged 620,000 N $- - - - - - $- - - - - - $- 24 Train Station Imprvmnts Phase 2 Project Management Costs 12/09/ 2009 12/31/2014 Legal/Staff costs Soft project management costs Merged 148,115 N $- - - - - - $- - - - - - $- 48 Administration Costs Admin Costs 02/01/ 2012 12/31/2014 Legal/Staff costs Costs to administer Successor Agency Merged 1,750,000 N $200,000 - - 200,000 - - $200,000 - - - - - $- A B C D E F G H I J K L M N O P Q R S T U V W Item # Project Name Obligation Type Agreement Execution Date Agreement Termination Date Payee Description Project Area Total Outstanding Obligation Retired ROPS 20-21 Total ROPS 20-21A (Jul - Dec) 20-21A Total ROPS 20-21B (Jan - Jun) 20-21B Total Fund Sources Fund Sources Bond Proceeds Reserve Balance Other Funds RPTTF Admin RPTTF Bond Proceeds Reserve Balance Other Funds RPTTF Admin RPTTF 51 Accrued PERS Pension Obligations Unfunded Liabilities 01/01/ 1980 06/30/2016 CalPERS Costs incurred through 02/01/ 2012 Merged 168,800 N $- - - - - - $- - - - - - $- 52 Accrued Retiree Health Obligations Unfunded Liabilities 01/01/ 1980 06/30/2016 CalPERS Retiree Benefit Trust (CERBT) Costs incurred through 02/01/ 2012 Merged 197,600 N $- - - - - - $- - - - - - $- South San Francisco Recognized Obligation Payment Schedule (ROPS 20-21) - Report of Cash Balances July 1, 2017 through June 30, 2018 (Report Amounts in Whole Dollars) Pursuant to Health and Safety Code section 34177 (l), Redevelopment Property Tax Trust Fund (RPTTF) may be listed as a source of payment on the ROPS, but only to the extent no other funding source is available or when payment from property tax revenues is required by an enforceable obligation. A B C D E F G H ROPS 17-18 Cash Balances (07/01/17 - 06/30/18) Fund Sources Comments Bond Proceeds Reserve Balance Other Funds RPTTF Bonds issued on or before 12/31/10 Bonds issued on or after 01/01/11 Prior ROPS RPTTF and Reserve Balances retained for future period(s) Rent, grants, interest, etc. Non-Admin and Admin 1 Beginning Available Cash Balance (Actual 07/01/17) RPTTF amount should exclude "A" period distribution amount. 310,509 30,482,661 1,620,908 626,343 C: 1999 Housing Bond Reserves ($310,509). E: Funds reserved in Oyster Point Escrow Account ($29,473,074) + Reserve Balances applied to ROPS 18-19 ($340,442) and ROPS 19-20 Item 48 ($136,234) + Excess PPA from ROPS 19-20 ($532,911). F: Other Funds reserved for ROPS 17-18 ($723,660), ROPS 18-19 ($508,985) and ROPS 19-20 ($388,263). G: PPA applied to ROPS 19-20, net of Excess PPA ($626,343). 2 Revenue/Income (Actual 06/30/18) RPTTF amount should tie to the ROPS 17-18 total distribution from the County Auditor-Controller 41,273 9,705,379 2,888,484 751,465 E: Deposits and interest earned Oyster Point Escrow Account (9,705,379). F: Other Funds revenues from rents and interest ($476,622), Commercial Rehab Loan ($28,862) and City repayment for Oyster Point "Advance to Other Funds" ($2,383,000) 3 Expenditures for ROPS 17-18 Enforceable Obligations (Actual 06/30/18) 26,128 5,554,982 299,220 159,596 E: Oyster Point Escrow Account drawdowns to make payments pursuant to DDA. F and G: Match PPA 17-18 4 Retention of Available Cash Balance (Actual 06/30/18) RPTTF amount retained should only include the amounts distributed as reserve for future period(s) 325,654 34,100,147 897,248 626,343 E: Funds reserved for Oyster Point Escrow Account ($33,623,471) + Reserve Balances applied to ROPS 18-19 ($340,442) and ROPS 19-20 Item 48 ($136,234). F: Other Funds reserved for ROPS 18-19 ($508,985) and ROPS 19-20 ($388,263). G: PPA applied to ROPS 19-20, net of Excess PPA ($626,343). 5 ROPS 17-18 RPTTF Prior Period Adjustment RPTTF amount should tie to the Agency's ROPS 17-18 PPA form submitted to the CAC No entry required 591,869 C: 1999 Housing Bond Reserves. Defeased in Dec 2018. G: PPA 17-18 pending County review 6 Ending Actual Available Cash Balance (06/30/18) C to F = (1 + 2 - 3 - 4), G = (1 + 2 - 3 - 4 - 5) $- $- $532,911 $3,312,924 $- E: Excess PPA from ROPS 19-20 ($532,911). F: Other Funds unspent from ROPS 17-18 ($424,440) + Other Funds revenue in 17-18 ($2,888,484). Use of Other Fund balances requested on ROPS 20-21 Items 12-14. South San Francisco Recognized Obligation Payment Schedule (ROPS 20-21) - Notes July 1, 2020 through June 30, 2021 Item # Notes/Comments 11 12 13 14 16 17 21 22 23 24 48 51 52 South San Francisco ROPS 20-21 1 Oyster Point Hard Costs (Items 12 & 13) $5,818,160 Oyster Point Soft Costs (Item 14) $168,961 Administrative Budget (Item 28) $200,000 ROPS 20-21$6.1 MILLION IN OBLIGATIONS$1.1 MILLION FROM RPTTF 2 PHASE ID PHASE IID PHASE IIID PHASE IVD STREETS & UTILITIES AT HUB STREETS & UTILITIES TO POINT CLAY CAP REPAIR AT PHASE IC RECONFIGURED PARKING AT MARINA RECREATION AREA FUTURE HOTEL SITE BEACH/PARK BAY TRAIL & PALM PROMENDADE B C D E F G F E D H H G B A PHASE IC H C H D D PHASE IIC H PHASE IC UP TO 1,746,230 GSF OF OFFICE/R&D SPACE STREETS & UTILITIES IN BUSINESS PARK RELOCATION OF SEW ER PUMP STATION LANDSCAPING AT BCDC PHASES IID-IVD PHASES IID-IVD A P J I PHASES ID UP TO 508,000 GSF OF OFFICE/R&D SPACE CLAY CAP REPAIR AT PHASE ID CLEANUP OF SUMP 1 METHANE MITIGATION SYSTEMS RELOCATION OF REFUSE PHASE IIC REPAVING OF PARKING PHASE IIC LANDSCAPING AT PARKING PHASE IIC LANDSCAPING AT BCDC PHASES IIC I J K L L N N N O N O S R R S T T K M EXHIBIT 3.2A Q Q P M March 2011: DDAOPV (Developer)/RDA/City Landfill Construction Underway October 2019 Aerial of Project Site November 2019 Underground Utility Installation 4 5 Vision for Oyster Point : Kilroy Realty OYSTER POINT DDA (ROPS ITEMS 12 & 13)PROJECT COSTS -JANUARY 2019 ESTIMATE Work Required DDA Sections Total Cost of Work Successor Agency Obligation Kilroy Cost Obligation Import of Clay Cover Soil 3.2.1(i)(1), 3.2.1(ii), 3.2.1(i)(2) $2,377,070 $415,316 ROPS Line 12 $1,961,754 Import of Clay 3.2.1(i)(1), 3.2.1(ii), 3.2.1(i)(2) $1,345,214 $163,047 ROPS Line 12 $1,182,167 Cement Treatment of Refuse 3.2.1(i) (1 &2) and (iii) $1,588,029 $699,756 ROPS Line 12 $888,273 Export of Excess Refuse 3.2.1(i)(2) and (iii) and 5.2 $4,195,390 $862,315 ROPS Lines 12/13 $3,333,075 Total $9,505,703 $2,140,434 $7,365,269 6 OYSTER POINT DDA (ROPS ITEMS 12 & 13)PROJECT COSTS -DECEMBER 2019 UPDATE Work Required DDA Sections Total Cost of Work Successor Agency Obligation Kilroy Cost Obligation Import of Clay Cover Soil 3.2.1(i)(1), 3.2.1(ii), 3.2.1(i)(2) $4.379,417 $688,601 ROPS Line 12 $3,690,816 Import of Clay 3.2.1(i)(1), 3.2.1(ii), 3.2.1(i)(2) $1,671,684 $199,630 ROPS Line 12 $1,472,054 Cement Treatment of Refuse 3.2.1(i) (1 &2) and (iii) $1,953,998 $1,067,557 ROPS Line 12 $886,441 Export of Excess Refuse 3.2.1(i)(2) and (iii) and 5.2 $11,090,277 $5,702,806 ROPS Lines 12/13 $5,387,471 Total $19,095,376 $7,658,594 $11,436,782 7 OYSTER POINT DDAPROJECT MANAGEMENT (ITEM 14) Position Tasks Average Hours Per Month Fully Loaded Hourly Rate Total Annual Cost Public Works Director Project and contract management specific to Oyster Point DDA project 10 $168.26 $20,191 Project Management Services (WC-3) Daily project management; cost management; coordination with contractor, developer and other regulatory agencies 40 $165.00 $79,200 Legal Services (Meyers Nave) Contract interpretation, implementation and dispute resolution for all contracts related to the enforceable obligations included in the DDA 15 $385.00 $69,300 Total $168,691 8 RPTTF $1,133,500 Other Funds $3,312,924 Reserve Balance (Oyster Pt Escrow) $1,207,516 Reserve Balance (Excess PPA) $532,911 ROPS 20-21 OBLIGATIONS BY FUNDING SOURCE $- $500,000 $1,000,000 $1,500,000 $2,000,000 $2,500,000 $3,000,000 $3,500,000 $4,000,000 $4,500,000 $5,000,000 Item 12 Oyster Pt Item 13 Oyster Pt Item 14 Oyster Pt Item 48 Admin Reserve (Excess PPA) Reserve (Oyster Pt Escrow) Other Funds RPTTF 9 OYSTER POINT DDAPROPERTY TAX IMPACT 10 2011 Annual Property Taxes: $ 840,000 2024 Annual Property Taxes: $23,230,000 $- $5,000,000 $10,000,000 $15,000,000 $20,000,000 $25,000,000 2011 2024 ADMINISTRATIVE BUDGETFY 2020-21 (ITEM 48) 11 Description of Cost/Expense Amount Staff salaries, benefits, and payroll taxes $120,000 Overhead costs and supplies 1,000 Professional Services –Successor Agency Consulting (RSG, Inc.)25,000 Professional Services –Auditors (Maze & Associates)4,000 Professional Services –Legal (Meyers Nave)50,000 Total $200,000 City of South San Francisco Legislation Text P.O. Box 711 (City Hall, 400 Grand Avenue) South San Francisco, CA File #:19-1047 Agenda Date:1/6/2020 Version:1 Item #:4. Report apprising the Budget Standing Committee of a recommended resolution for City Council to approve the Annual Impact Fee and Sewer Capacity Charge Report for Fiscal Year 2018-19.(Janet Salisbury,Director of Finance) RECOMMENDATION Staff requests that the Budget Standing Committee recommend that City Council adopt a resolution at the January 8,2020 meeting approving the Annual Impact Fee and Sewer Capacity Charge Report for Fiscal Year 2018-19 as required by the Mitigation Fee Act. BACKGROUND/DISCUSSION State law (Government Code Section 66000 et seq.)authorizes the City to collect impact fees from new development to fund public facilities which are needed as a result of new development.The City currently administers five impact fee programs and one sewer capacity charge that fund new development’s share of certain capital infrastructure projects.The impact fees are charged based upon a pro-rata share of the cost of the new improvements.The sewer capacity charge is a cost recovery charge based on proportional benefit to the person or property being charged,associated with providing collection and treatment capacity,both through the existing infrastructure provided, and through future capital projects. Government Code Section 66000,et seq.require the City to review the status of collected impact fees and sewer capacity charges on an annual basis.Attachment 1 is a draft of the resolution recommending the adoption of the Annual Impact Fee and Sewer Capacity Charge Report for Fiscal Year 2018-19.Attachment 2 is the report that provides information related to the status of the impact fee funds and the sewer capacity charges fund for the fiscal year ended June 30, 2019. Summary of each fund’s ending balances as of June 30, 2019 is as follows: ·Bicycle and Pedestrian Impact Fee: $51,273 ·Childcare Impact Fee: $5,536,728 ·Park Land Acquisition Fee: $365,935 ·Park Construction Fee: $2,116,514 ·Public Safety Impact Fee: $1,225,030 ·Oyster Point Interchange Impact Fee: $72,256 Note:The ending balance includes a loan of $4,845,152 from the former Redevelopment Agency,which is now the Successor Agency,for dollars advanced by the former RDA to complete the interchange City of South San Francisco Printed on 1/2/2020Page 1 of 2 powered by Legistar™ File #:19-1047 Agenda Date:1/6/2020 Version:1 Item #:4. before all impact fees had been collected. ·Traffic Impact Fee: $20,593,457 Note:Traffic Impact Fees are only to be used to fund new development’s share for new and expanded roadway and intersection improvements in the east of 101 plan area.$4.5 million of the ending balance is to be expended on projects in FY 2019-20.The remaining $16 million will be used to fund projects in subsequent years. ·Sewer Impact Fee: $4,436,134 Note:The ending fund balance includes a $1,968,879 prepayment of impact fees by a large business. Prepayments are treated by accounting rules as liabilities.Thus,the City cannot recognize pre- payments as earned revenue until that company’s development occurs and the fees that were pre-paid become due. ·Sewer Capacity Charges: $12,323,558 FUNDING There is no financial impact related to compliance with annual reporting requirements. CONCLUSION Adopting the report will satisfy the reporting requirements of Government Code Section 66000 et seq. City of South San Francisco Printed on 1/2/2020Page 2 of 2 powered by Legistar™ City of South San Francisco Legislation Text P.O. Box 711 (City Hall, 400 Grand Avenue) South San Francisco, CA File #:19-952 Agenda Date:1/8/2020 Version:1 Item #: Resolution approving the Annual Impact Fee and Sewer Capacity Charge Report for Fiscal Year 2018-19. WHEREAS, pursuant to the Mitigation Fee Act (Government Code Section 66000 et seq.), the City is required to annually report certain information regarding the collection of development impact fees; and WHEREAS, under the Mitigation Fee Act, the City is also required to make certain findings every five (5) years regarding unexpended impact fees and summarize those findings in the annual report (“Report”); and WHEREAS, the Report for Fiscal Year 2018-19 identifies unexpended impact fee programs for which findings are required; and WHEREAS, pursuant to Government Code section 66013, the City is also required to annually report certain information in connection with the collection of Sewer Capacity Charges; and WHEREAS, the Report for Fiscal Year 2018-19, attached hereto and incorporated herein as Exhibit A, contains both the annual reporting information for the City’s development impact fee programs and also contains a section with the necessary annual information for Sewer Capacity Charges; and WHEREAS, the Report has been available at City Hall for at least fifteen (15) days prior to this Council meeting and was distributed to all Councilmembers in advance of said meeting. NOW, THEREFORE, BE IT RESOLVED that the City Council of the City of South San Francisco hereby approves the Report for Fiscal Year 2018-19. BE IT FURTHER RESOLVED that the City Council of the City of South San Francisco hereby makes the findings outlined in the Report for Fiscal Year 2018-19, attached hereto and incorporated herein as Exhibit A, as required by Government Code Sections 66006. City of South San Francisco Printed on 12/31/2019Page 1 of 1 powered by Legistar™ 1 Annual Impact Fee Report For the City of South San Francisco For Fiscal Year 2018-19 This report contains information on the City of South San Francisco’s development impact fees for Fiscal Year 2018-19. This information is presented to comply with the annual reporting requirements contained in Government Code section 66000 et seq. Please note that this annual report is not a budget document, but rather is compiled to meet reporting requirements. It is not intended to represent a full picture of currently planned projects as it only reports project information, revenues and expenditures for Fiscal Year 2018-19. Government Code Section 66006 requires local agencies to submit annual reports outlining certain specified information regarding the status of development impact fees. In addition, Government Code Section 66001 requires local agencies to submit five-year reports with additional categories of information detailing the status of development impact fees. The annual report must be made available to the public within 180 days after the last day of the fiscal year, and must be presented to the public agency (City Council) at least 15 days after it is made available to the public. This report summarizes the following annual reporting information for each of the development impact fee programs required under Government Code Section 66006: 1.A brief description of the fee program. 2.The amount of the fee. 3.Beginning and ending balances of the fee program. 4.Amount of fees collected, interest earned, and transfers/loans. 5.An identification of each public improvement on which fees were expended and the amount of the expenditures on each improvement, including the total percentage of the cost of the public improvement that was funded with fees. 6.A description of each interfund transfer or loan, the date the loan will be repaid, the rate of interest, and a description of the public improvement on which the transferred or loaned fees will be expended. 7.The estimated date when projects will begin if sufficient revenues are available to construct the project. 8.The amount of refunds made to property owners. Exhibit A 2 This report also summarizes the following five-year reporting information for the Oyster Point Interchange Impact Fee program as required under Government Code Section 66001: 1. The purpose to which the fee is to be put. 2. The reasonable relationship between the fee and the purpose for which it is charged. 3. All sources and amounts of funding anticipated to complete financing in incomplete improvements. 4. The approximate dates on which the funding referred to in subparagraph (3) above is expected to be deposited into the appropriate account or fund. In addition, this report contains information on the City of South San Francisco’s sewer capacity charges. Government Code Section 66013 requires local agencies to submit annual reports detailing the status of sewer capacity charges. The annual report must be made available to the public within 180 days after the last day of each fiscal year. This report summarizes the following information for the sewer capacity charges: 1. A description of the charges deposited in the fund. 2. The beginning and ending balance of the fund and the interest earned from investment of moneys in the fund. 3. The amount of charges collected in that fiscal year. 4. An identification of all of the following: a. Each public improvement on which charges were expended and the amount of the expenditure for each improvement, including the percentage of the total cost of the public improvement that was funded with those charges if more than one source of funding was used. b. Each public improvement on which charges were expended that was completed during that fiscal year. c. Each public improvement that is anticipated to be undertaken in the following fiscal year. 5. A description of each interfund transfer or loan from the capital facilities fund, the date the loan will be repaid, and the rate of interest. In the case of an interfund transfer, the report identifies the public improvements on which the transferred moneys are or will be expended. More detailed information on certain elements of the various fee programs is available through other documents such as nexus studies, master plans, capital improvement programs, and budgets. The City does not typically earmark impact fees for any specific project as the revenues are collected, but rather the revenues are applied toward a series of capital improvement projects as 3 outlined in the nexus studies, such as a future sewer infrastructure, transportation infrastructure, and other capital facilities. 4 TABLE OF CONTENTS Page Citywide Impact Fee Program Bicycle and Pedestrian Impact Fee Fund (Fund 822) Overview and Required Findings ............................................................................6 Financial Reporting ..................................................................................................7 Childcare Impact Fee Fund (Fund 830) Overview and Required Findings ............................................................................8 Financial Reporting ..................................................................................................9 Park Land Acquisition Fee (Fund 805) Overview and Required Findings ..........................................................................10 Financial Reporting ................................................................................................11 Park Construction Fee (Fund 806) Overview and Required Findings ..........................................................................12 Financial Reporting ................................................................................................13 Public Safety Impact Fee Fund (Fund 821) Overview and Required Findings ..........................................................................14 Financial Reporting ................................................................................................15 Plan Area Impact Fee Programs Oyster Point Interchange Impact Fee Fund (Fund 840) Overview and Required Findings ..........................................................................16 Financial Reporting ................................................................................................18 Sewer Impact Fee Fund (Fund 810) Overview and Required Findings ..........................................................................19 Financial Reporting ................................................................................................20 Traffic Impact Fee Fund (Fund 820) Overview and Required Findings ..........................................................................21 Financial Reporting ................................................................................................22 5 Other Reportable Citywide Charges Sewer Capacity Charge Fund (Fund 730) Overview and Required Findings ..........................................................................23 Financial Reporting ................................................................................................24 Fee Schedules........................................................................................................................25 6 Bicycle and Pedestrian Impact Fee Program The nexus study for this citywide impact fee program was adopted by the City Council in 2017. The study identified the need to support the Bicycle Master Plan adopted by the City in February 2011 by Resolution 23-2011. The study justified the need to provide sufficient funding to achieve the City’s goal of maintaining bicycle and pedestrian infrastructure and improveme nts for residents, employees, and visitors of the City in accordance with the standards established in the General Plan. The Bicycle Master Plan recommends the completion of the City’s existing network of bicycle paths, lanes, and routes. Annual Reporting Information: 1. The purpose of the Bicycle and Pedestrian Impact Fee Program is to provide sufficient funding for bicycle and pedestrian improvements that are necessary due to development projects that generate additional daily trips that place additional demands on bicycle and pedestrian infrastructures in the city. 2. Refer to page 25 of this report for the fee schedule outlining the amount of the Bicycle and Pedestrian Impact Fee. 3. Refer to page 7 of this report for the beginning and ending balance of the account for the Bicycle and Pedestrian Impact Fee. 4. See page 7 of this report for the amount of Bicycle and Pedestrian Impact Fees that have been collected, and interest earned. 5. There have been no projects completed during Fiscal Year 2018-19 using the Bicycle and Pedestrian Impact Fee funding. 6. The approximate date for funding and execution of projects will be determined, at the discretion of the City Council, when adequate additional funds have accumulated. 7. There were no interfund transfers or loans. 8. There were no potential refunds to property owners. 7 Bicycle and Pedestrian Impact Fee Program (Fund 822) This citywide development impact fee program funds bicycle and pedestrian improvements for the development projects that generate additional daily trips that place additional demands on bicycle and pedestrian infrastructures in the city. Beginning balance, July 1, 2018 $926 Additions Bicycle and pedestrian impact fees collected $49,601 Interest earned $746 Total additions $51,273 Disbursements % Fee Funded Unrealized losses Projects Total disbursements $0 Remaining balance as of June 30, 2019 $51,273 Planned projects for Fiscal Year 2019-20 % Fee Funded There are no planned projects for Fiscal Year 2019-20 0 Remaining balance after planned projects $ 51,273 8 Childcare Impact Fee Program The nexus study for this citywide impact fee program was adopted by the City Council in 2001. The study identified the need for new and expanded child care facilities in the City. Updates since 2001 to this fee program have included a periodic inflation adjustment. The fee program includes a 5% administrative fee. The estimated cost of the new and expanded facilities included in the nexus study totaled $43.9 million. The nexus study identified new development’s share of the cost as 24.6% of the total new and expanded facilities cost. The expected development impact fee revenue was estimated at $11.3 million, which includes administrative costs of 5% of total fee revenue. Existing development’s share of the cost is $33.1 million (75.4% of new facilities) which must be funded with other funding sources such as the City’s General Fund, grants, developer contributions, and Community Development Block Grants. Annual Reporting Information: 1. The purpose of the Childcare Impact Fee Program is to provide new development’s share of funding for new and expanded childcare facilities required at build-out of the City. 2. Refer to page 25 of this report for the fee schedule outlining the amount of the Childcare Impact Fee. 3. Refer to page 9 of this report for the beginning and ending balance of the account for the Childcare Impact Fee. 4. See page 9 of this report for the amount of the Childcare Impact Fees that have been collected, and interest earned. 5. There was one projected worked on during Fiscal Year 2018-19 using the Childcare Impact Fee funding. 6. The approximate date for funding and constructing future facilities will be determined, at the discretion of the City Council, when adequate additional funds for facility construction have accumulated. 7. There were no interfund transfers or loans. 8. There are no potential refunds to property owners. 9 Childcare Impact Fee (Fund 830) This citywide development impact fee program funds new development’s fair share of new and expanded childcare facilities to serve the City. Beginning balance, July 1, 2018 $4,692,411 Additions Childcare impact fees collected $747,845 Interest earned 172,624 Total additions 920,469 Disbursements % Fee Funded City administration 2,652 100% Projects Orange Library Conversation Feasibility Study (pf1807) 73,500 100% Total disbursements (76,152) Remaining balance as of June 30, 2019 $5,536,728 Planned projects for Fiscal Year 2019/20 % Fee Funded There are no planned projects for Fiscal Year 2019/20 0 100 Remaining balance after planned projects $5,536,728 10 Park Land Acquisition Fee The nexus study for this impact fee program was adopted by the City Council in 2017. Ordinance 1520-2016 amended the Municipal Code to include Chapter 8.67 adopting the parkland acquisition fee and park construction fee. The purpose of this fee is to provide funding to meet the goals set forth by the General Plan, the Parks + Recreation Master Plan, and the East of 101 Area Plan, which require acquiring 3 acres of park land per 1,000 future residents and ½ an acre per 1,000 new employees. This fee differs from the City’s Quimby Act fee in Section 19.24.040 et seq of the Municipal Code. The Quimby Act allows for the imposition of land dedication requirements and in-lieu fees for residential subdivisions; it does not apply to other types of residential development projects or commercial development projects. The Park Land Acquisition Fee is applied to residential and non-residential development projects in order to support the demands for parks and recreation spaces generated by new residents of residential development projects and new employees of non-residential development projects. The nexus study calculated the fee for park land acquisition based on the number of residents generated by each new type of residential unit and the number of employees per 1,000 square feet in non-residential development projects. The City adopted the Park Land Acquisition Fee under the authority of the Mitigation Fee Act. Annual Reporting Information: 1. The purpose of the Park Land Acquisition Fee fund is to provide new development’s share of funding for acquiring new parks and recreation spaces at a rate of 3 acres per 1,000 new residents in multifamily development projects and 0.5 acres per 1,000 new employees in commercial development projects. 2. Refer to page 25 of this report for the fee schedule outlining the amount of the fee. 3. Refer to page 11 of this report for the beginning and ending balance for the account of this fee. 4. Refer to page 11 of this report for the amount of fees collected and interest earned. 5. There have been no projects completed during Fiscal Year 2018-19 using the Park Land Acquisition fee funding. 6. The approximate date for funding and acquiring park land will be determined, at the discretion of the City Council, when adequate additional funds have accumulated. 7. There were no interfund transfers or loans. 8. There are no potential refunds to property owner. 11 Park Land Acquisition Fee (Fund 805) This citywide development impact fee program funds new development’s fair share for acquiring new park and recreation spaces. Beginning balance, July 1, 2018 $54,664 Additions Park land acquisition fees collected $294,649 Interest earned 16,622 Total additions 311,271 Disbursements 0 % Fee Funded Unrealized losses 0 % Projects 0 Total disbursements 0 Remaining balance as of June 30, 2019 $365,935 Planned projects for Fiscal Year 2019/20 % Fee Funded There are no planned projects for Fiscal Year 2019/20 0 Remaining balance after planned projects $365,935 12 Park Construction Fee The nexus study for this impact fee program was adopted by the City Council in 2017. Ordinance 1520-2016 amended the Municipal Code to include Chapter 8.67 adopting the parkland acquisition fee and park construction fee. The purpose of the Park Construction Fee is to provide funding for the construction of park facilities and improvements on the park land acquired by other fees. The General Plan, the Parks + Recreation Master Plan, and the East of 101 Area Plan call for 3 acres of park land and facilities per 1,000 new residents and ½ an acre of park land and facilities per 1,000 new employees. The nexus study estimated the hard construction and soft costs at $981,250 per acre, which were subsequently increased to $1,019,911 per acre, based on the incremental change in the Construction Cost Index (CCI). The City will incur the costs of administering the fee program and preparing analyses and reports related to it. Annual Reporting Information: 1. The purpose of the Park Construction Fee fund is to provide new development’s share of funding developing new parks and recreation spaces at a rate of 3 acres per 1,000 new residents in multifamily development projects and 0.5 acres per 1,000 new employees in commercial development projects. 2. Refer to page 26 of this report for the fee schedule outlining the amount of the fee. 3. Refer to page 13 of this report for the beginning and ending balance for the account of this fee. 4. Refer to page 13 of this report for the amount of fees collected and interest earned. 5. Three projects were worked on during Fiscal Year 2018-19 using the Park Construction Fee fund, refer to page 13 of this report for an identification of public improvement on which fees were expended, the amount of the expenditures on each improvement, including the total percentage of the cost of the public improvement that was funded with the fees. 6. The approximate date for further funding and developing park land and recreation facilities will be determined, at the discretion of the City Council, when adequate additional funds have accumulated. 7. There were no interfund transfers or loans. 8. There are no potential refunds to property owners. 13 Park Construction Fee (Fund 806) This citywide development impact fee program funds new development’s fair share for developing new park and recreation spaces. Beginning balance, July 1, 2018 $17,619 Additions Park construction fees collected $2,092,001 Interest earned 20,812 Total additions 2,112,813 Disbursements % Fee Funded Projects Sellick Park Renovation Project (pk1803) 9,621 100% Buri Buri Field & Court Improvements (pk1804) 1,800 100% Avalon Parks Improvements (pk1805) 2,497 100% Total disbursements (13,918) Remaining balance as of June 30, 2019 $2,116,514 Planned projects for Fiscal Year 2019/20 % Fee Funded There are no planned projects for Fiscal Year 2019/20 Remaining balance after planned projects $2,116,541 14 Public Safety Impact Fee Program The nexus study for this citywide impact fee program was adopted by the City Council in 2012. The study identified the need for new and expanded public safety capital facility and equipment to support new development projects. This fee program also includes an annual inflation adjustment. The fee program includes a 2% administrative fee. The estimated cost of the new and expanded public safety equipment and facilities included in the nexus study totaled $40.4 million. The nexus study identified new development’s share of the cost at $10.4 million (25.6% of the total new and expanded equipment and facilities cost). Existing development’s share of the cost is $30.0 million (74.4% of new equipment and facilities) which must be funded with other funding sources such as the City’s General Fund, grants, or developer contributions. Annual Reporting Information: 1. The Public Safety Impact Fee is collected to provide new development’s share of funding for new and expanded public safety capital facility and equipment required at build out of the City. 2. Refer to page 26 of this report for the fee schedule outlining the amount of the fee. 3. Refer to page 15 of this report for the beginning and ending balance for the account of this fee. 4. Refer to page 15 of this report for the amount of fees collected and interested earned. 5. Three projects were worked on during Fiscal Year 2018-19 using the Public Safety Impact Fee fund, refer to page 15 of this report for an identification of public improvement on which fees were expended, the amount of the expenditures on each improvement, including the total percentage of the cost of the public improvement that was funded with the fees. 6. The approximate date for further funding and constructing facilities and procuring future equipment identified in the nexus study will be determined when adequate additional funds have accumulated. 7. There were no interfund transfers or loans. 8. There are no potential refunds to property owners. 15 Public Safety Impact Fee (Fund 821) This citywide development impact fee program funds new development’s fair share of new and expanded capital facility and equipment to serve the City. Beginning balance, July 1, 2018 $836,038 Additions Public Safety impact fees collected – Fire $356,109 Public Safety impact fees collected - Police 89,352 Interest earned 33,639 Total additions 479,100 Disbursements % Fee Funded Unimac PPE Dryer Purchases 4,391 25.6% Training Tower Maintenance (pf1704) 3,328 25.6% Station Alert Package (5 Stations) (pf1706) 6,189 25.6% Total disbursements (13,908) Remaining balance as of June 30, 2019 $1,301,230 Planned projects for Fiscal Year 2019/20 % Fee Funded Fire Station 64 Dormitory & Bathroom Remodel (pf1805) 76,200 25.6% Total planned projects (76,200) Remaining balance after planned projects $1,225,030 16 Oyster Point Interchange Impact Fee Program The City Council adopted this plan area fee program on May 23, 1984 using a February 1983 Feasibility Study prepared by Nolte and Associates in conjunction with Resolution No. 71-84 which created the “Oyster Point Contribution Formula”. The 1983 Feasibility Study identified the need for the Oyster Point Interchange project which was, at that time, referred to as the grade separation project. Updates to the fee program since 1984 include the following: 1. An ongoing monthly inflation adjustment. 2. June 26, 1996, fee program change via Resolution No. 102-96 included adjustments for: a. the inflationary index that reduced the fee by approximately 22%, b. the project description which increased the scope of the project to include the Terrabay hook ramps and the southbound off-ramp flyover, and the use of more current trip generation rates 3. October 9, 1996 fee program change via Resolution No. 152-96 that added additional land uses with their associated trip generation rates. The Feasibility Study identified new development’s share of the grade separation project cost at 64.8% and existing development’s share of the cost at 35.2%. The grade separation was completed and funded in 1995 and is not part of this annual report. The increased scope portion of the project, added in 1996, was identified as being 100% the responsibility of new development. Of this additional scope, the flyover, estimated to cost $6.4 million, was completed in 2005, and the hook ramps, estimated to cost $15 million, were completed in October 2006. Additional work relating to property transfers and gaining final Caltrans project acceptance is on-going. Required 5-Year Findings for Unexpended Funds/Annual Reporting Requirements 1. The purpose of the Oyster Point Interchange Impact Fee Program is to provide new development’s share of funding for this project required at build-out of the plan area. 2. Refer to page 18 of this report for the beginning and ending balance of the account for this fee. 3. Refer to page 18 of this report for the amount of fees collected and interest earned. 4. The reasonable relationship between the Oyster Point interchange impact fee and the purpose for which it is charged is demonstrated in the 1983 Feasibility Study by Nolte and Associates, and in the fee program updates in Resolution No. 102-96 and Resolution No. 152-96. As of June 30, 2019, there continues to be a need for Oyster Point Interchange Impact fees due to further developments in that area of South San Francisco. 17 5. The sources and amounts of funding anticipated for Oyster Point Interchange projects can be found in the updates adopted via Resolution No. 102-96 and Resolution No. 152-96. Additional working relating to property transfers and gaining final Caltrans project acceptance is on-going. 6. Buildout in the Oyster Point Interchange area is ongoing due to further developments in South San Francisco. The City’s buildout is assumed to occur over a 20-year period, which is consistent with the General Plan. 7. There are currently no planned projects for Oyster Point Interchange impact fees. 8. The fund has one loan from the former Redevelopment Agency, please refer to page 18 of this report. The amount owed as of June 30, 2019, is approximately $4.8 million. Since the dissolution of the Redevelopment Agency in 2012, the interest rate charged by the Successor Agency is 0%. The loan is repaid as new impact fee revenue is received. Given that the amount of future impact fee revenue is unknown, the repayment date is unknown. There were no other interfund transfers or loans. 9. There are no potential refunds of Oyster Point Interchange Impact Fees to property owners. 10. Refer to page 27 of this report for the fee schedule outlining the amount of the Oyster Point Interchange Impact Fee. 18 Oyster Point Interchange Impact Fee (Fund 840) This plan area development impact fee program funds new development’s fair share of the Oyster Point Interchange project. Beginning balance, July 1, 2018 $29,811 Additions Fees collected $3,460,060 Interest earned 46,385 Total additions 3,506,445 Disbursements % Fee Funded Projects 0 Repayment of RDA Loan 3,464,000 100% Total disbursements (3,464,000) Remaining balance as of June 30, 2019 $72,256 Planned Projects for Fiscal Year 2019/20 % Fee Funded There are no planned projects for Fiscal Year 2019/20 Remaining Balance After Planned Projects $72,256 Loans to Oyster Point Interchange Fee Fund from Successor Agency to RDA Due Date and Interest Rate Balance, July 1, 2018 8,309,152 None & None Less payment during fiscal year (3,464,000) Balance, June 30, 2019 (4,845,152) Fees available (future fees required) for current and completed projects [1] $(4,772,896) [1] Includes the Successor Agency loan of $10.7 million. 19 Sewer Impact Fee Program The 2002 nexus study for this plan area fee was adopted by the City Council in 2002. The study identified the need for new and rehabilitated sewer collection and treatment facilities to serve the area located east of US 101 in the City of South San Francisco. This fee program also includes an annual inflation adjustment. The estimated cost of the 20 new and expanded sewer projects included in the study totaled $21.4 million. The study identified new development’s share of the cost of the required facilities at $15.5 million (72.4% of the total new and expanded facilities cost) while existing development’s share of the cost (existing deficiency) is $5.9 million (27.6% of new facilities). New development’s share of the cost, $15.5 million, was increased to include some master planning costs ($425,000) and some CEQA reviewing costs ($600,000) for a total cost to new development of $16,425,000. Of that amount, $12,429,000 was to be sewer impact fee funded and $4,066,000 was to be funded directly by developer contributions. Of the twenty total projects listed in the nexus study, eleven projects are either fully or partially funded with the sewer impact fee funds, four are existing development’s responsibility, four are to be funded by dev eloper contributions, and one is to be funded with a combination of developer contributions and revenues from existing development. Existing development’s share will be funded with the sewer charges appearing on property tax bills as a direct levy. Annual Reporting Information 1. The purpose of the Sewer Impact Fee Program is to provide new development’s share of funding for new and rehabilitated sewer collection and treatment facilities to serve the area located east of US 101 at build-out of the plan area. 2. Refer to page 27 of this report for the fee schedule outlining the amount of the fee. 3. Refer to page 20 of this report for the beginning and ending balance of the account for this fee. 4. Refer to page 20 of this report for the amount of fees collected, and interest earned. 5. There was one project that was partially funded in FY 2018-19 using the Sewer Impact Fee program funding, refer to page 20 of this report for an identification of public improvement on which fees were expended, the amount of the expenditures on each improvement, including the total percentage of the cost of the public improvement that was funded with the fees. 6. The approximate date for funding and constructing additional future facilities and infrastructure will be determined when adequate additional funds have accumulated. 7. There were no interfund transfers or loans. 8. There are no potential refunds of Sewer Impact Fees to property owners. 20 Sewer Impact Fee (Fund 810) This plan area development impact fee program funds new development's fair share of new and rehabilitated sewer collection and treatment facilities to serve the area located east of US 101 in the City. Beginning balance, July 1, 2018 $2,838,902 Additions Fees collected $1,781,407 Interest earned 100,304 Net Fee Credit Permits 0 Total additions 1,881,711 Disbursements % Fee Funded City administration 2,652 100% Pump Station #2 Upgrade (ss1702) 281,827 100% Total Disbursements (284,479) Remaining balance as of June 30, 2019 $4,436,134 Planned Projects for Fiscal Year 2019/20 % Fee Funded There are no planned projects for Fiscal Year 2019/20 Fees available (future fees required) for current and completed projects [1] $(1,8255,537) [1] Includes the $2.0 million developer prepayment. 21 Traffic Impact Fee Program The 2001 nexus study for this plan area fee was adopted by the City Council in 2002. The study identified the need for new and expanded roadway and intersection improvements to serve the area located east of US 101 in the City of South San Francisco. The study was updated on May 6, 2005, and on July 19, 2007. This fee program includes an annual inflation adjustment and a 2.5% administrative fee. The estimated cost of the new and expanded facilities included in the 2007 study totaled $38.5 million ($32.4 million in net cost after accounting for fees already received). There are 26 road improvements listed in the 2007 study and two studies for a total of 28 projects. The study determined that new development would be responsible for 100% of the cost of the 28 projects. Annual Reporting Information 1. The purpose of the Traffic Impact Fee Program is to provide new development’s share of funding for new and expanded roadway and intersection improvements to serve the area located east of US 101 at build-out of the plan area. 2. See page 27 of this report for the fee schedule outlining the amount of the fee. 3. See page 22 of this report for beginning and ending balance of the account for this fee. 4. See page 22 of this report for the amount of fees collected and interest earned. 5. Of the approximate $12.4 million of unexpended traffic impact fee revenue, $701,000 was spent in Fiscal Year 2018-19 (refer to table on page 22). The remaining $20.5 million will be used to fund projects in subsequent years, such as the design of projects listed in the original and updated fee studies. The approximate date of funding to complete financing of projects identified in the nexus study and the traffic fee study updates is unknown, as the sole source of funding is the traffic impact fee, which is dependent on the implementation of new developments. Of the 26 improvement projects listed in the nexus study, six have been completed. A traffic study, which will prioritize the construction of the new and expanded facilities listed in the nexus study is in progress. The projects currently underway are shown in the Fiscal Year 2019-21 Capital Improvement Program (CIP) budget. 6. The remaining nexus study projects will be programmed in future years’ CIP budgets at the discretion of the City Council. 7. There were no interfund transfers or loans. 8. There are no potential refunds of Traffic Impact Fees to property owners. 22 Traffic Impact Fee (Fund 820) This plan area development impact fee program funds new development's fair share of new and expanded roadway and intersection improvements east of US 101 to serve the City of South San Francisco. Beginning balance, July 1, 2018 $12,459,805 Additions Fees collected $8,304,582 Interest earned 533,381 Total additions $8,837,963 Disbursements % Fee Funded City administration 2,652 100% Airport Blvd/Grand Ave (tr1104) 94 100% Traffic Impact Fees Study (tr1013) 10,091 100% E. Grand, Gateway & Forbes Intersection (tr1602) 64,859 100% E. 101 Traffic Model Update (tr1702) 63,113 100% Adaptive Traffic Control System (tr1901) 536,804 100% E.101 Traffic Signal IDEA Grant (tr1902) 26,251 100% Littlefield Ave Extension Feasibility (tr1905) 448 100% Total disbursements (704,311) Remaining Balance as of June 30, 2019 $20,593,457 Planned Projects for Fiscal Year 2019/20 % Fee Funded Oyster Pt & E Grand Corridor Improvements (tr1602) 4,000,000 100% E 101 Traffic Signal IDEA Grant (tr1902) 45,000 100% Traffic Impact Fees Study (tr1013) 200,000 100% Adaptive Traffic Control System (tr1901) 200,000 100% Total planned projects (4,445,000) Remaining balance after planned projects $16,148,457 23 Sewer Capacity Charge Program The original analysis was adopted by the City Council in 2000 and annual updates included a preset adjustment to the charges based on borrowing costs. The most current Sewer Capacity Charge Analysis by Bartle Wells & Associates is dated August 26, 2009 and was adopted by the City Council in April of 2010 to be effective in Fiscal Year 2010-11. This analysis identifies the need for sewer collection and treatment capacity in the City of South San Francisco. There are two components to the Sewer Capacity Charge: the capital assets valuation charge and the capital improvements charge. The capital assets charge accounts for the existing value of the sewer collection and treatment system which is calculated using the depreciated replacement cost of the system’s assets. The capital assets charge (also called a “buy-in” fee) assigns a value to the benefit that new development receives from the availability of sewer capacity (which existing development has maintained over the years through the sewer rates). The total depreciated replacement value is $161.6 million, of which 37.2 percent is new development’s fair-share, or $60.1 million. The second component is the charge for future improvements to the system identified in the City’s Capital Improvement Program. The total cost of these future improvements is $84.6 million, the fair-share allocation to new development is 37.2 percent of that amount, or $29.8 million. The total fair-share is $90 million. These funds may be used for capital improvements to maintain capacity in the system. Annual Reporting Information: 1. Refer to page 24 of this report for the beginning and ending balance of the account for the sewer capacity fund, the amount of charges collected, and the interest earned from investment of moneys in the fund. 2. There was one project that was worked on in FY 2018-19 using the sewer capacity charge program. Refer to page 24 of this report for an identification of the public improvement on which charges were expended, the amount of the expenditures on each improvement. 3. Refer to page 24 of this report for an identification of public improvements anticipated to be undertaken in the next fiscal year. 4. The sewer capacity charges do not exceed the estimated reasonable costs of providing the facilities for which the fee is charged (see Cal. Gov. Code § 66013, subd. (a)). 5. The sewer capacity charge’s accounting and reporting requirements are being met, i.e., the revenues are kept in a separate fund and the City provides annual reports on the use of the funds collected (see Cal. Gov. Code §§ 66013, subds. (c) and (d)). Since the update for the sewer capacity charges went into effect in Fiscal Year 2010-11, $1.5 million of collected sewer capacity charges has been spent on Water Quality Control Plant upgrades. 6. There were not any interfund transfers or loans. 24 Sewer Capacity Charges (Fund 730) This fee program funds the cost associated with providing collection and treatment capacity to new development, both through the existing infrastructure provided, and through future capital projects not funded by other sources. Beginning Balance, July 1, 2018 $9,506,598 Charges collected $2,825,571 Interest earned $361,686 Total Additions $3,187,257 Disbursements % Charge Funded City Administration $2,652 100% Bad Debt $(2,100) Projects WCQP Wet Weather & Digester Improvements (ss1301) $369,745 Total Disbursements $370,297 Remaining Balance, June 30, 2019 $12,323,558 Planned Projects for Fiscal Year 2019/20 Amount % Charge Funded Pump Station # 2 Upgrade (ss1702) $4,500,000 Remaining Balance After Planned Projects $7,823,558 25 Bicycle and Pedestrian Impact Fee for Fiscal Year 2018-2019 Land Use Type ADT per Units or 1,000 square feet Cost per ADT(*) Residential, per unit Single Family 9.60 $25.31 Multi-Family 6.70 $25.31 Mobile Homes 5.00 $25.31 Non-Residential, per 1,000 square feet Office 3.71 $25.31 Commercial/Retail 14.40 $25.31 Hotel/Visitor Services (rooms) 9.45 $25.31 Industrial 4.91 $25.31 Childcare Impact Fee Rates for Fiscal Year 2018-19 Land Use per Unit or per Gross Sq. Ft. (GSF) Residential Low Density $1,979 per unit Medium Density $1,858 per unit High Density $1,851 per unit Other Residential $1.28 per GSF Commercial/Industrial Commercial / Retail $0.68 per GSF Hotel / Visitor Services $0.18 per GSF Office / R&D $0.57 per GSF Other Non-Residential $0.54 per GSF Park Land Acquisition Fee for Fiscal Year 2018-19 Land Use per Unit or 1,000 Square Feet (SQFT) Residential Single Family $21,735 per unit Duplex to Four-plex $18,774 per unit 5 to 19 $15,939 per unit 20 to 49 $12,852 per unit 50+ $11,214 per unit Mobile Home $16,694 per unit Commercial/Industrial Commercial / Retail $938 per 1,000 SQFT Hotel / Visitor Services $893 per 1,000 SQFT Office / R&D $833 per 1,000 SQFT Industrial $1,560 per 1,000 SQFT 26 Park Construction Fee for Fiscal Year 2018-2019 Land Use per Unit or 1,000 Square Feet (SQFT) Residential Single Family $7,389 per unit Duplex to Four-plex $6,383 per unit 5 to 19 $5,419 per unit 20 to 49 $4,369 per unit 50+ $3,812 per unit Mobile Home $5,676 per unit Commercial/Industrial Commercial / Retail $2,639 per 1,000 SQFT Hotel / Visitor Services $2,280 per 1,000 SQFT Public Safety Impact Fee Rates for Fiscal Year 2018-19 Land Use per Unit or per Square Foot (SF) Residential Low Density $1,285 per unit Medium Density $810 per unit High Density $563 per unit Commercial/Industrial Commercial / Retail $0.44 per SF Hotel / Visitor $0.42 per SF Office / R&D $0.44 per SF Industrial $0.18 per SF 27 Oyster Point Interchange Impact Fee Rates for Fiscal Year 2018-19 The impact fee is calculated by multiplying the number of vehicle trips by $154 and by the percentage increase in the Construction Cost Index (CCI) as published in the Engineering News- Record (ENR) from the date of adoption, when the CCI was 6,552.16, to the current effective CCI. Vehicle Trips are based on average daily traffic (ADT). The rates shown below are based on 1,000 gross square feet of land use. The ENR CCI published in April is used to calculate monthly increases. The CCI for April 2017 and 2018 were 11,696.47 and 12,014.72, respectively, resulting in a percentage increase of 2.56%. Land Use ADT Trip Rate per 1,000 GSF General Industrial 5.46 Manufacturing 3.99 Warehousing 4.50 Hotel 10.50 General Office Building 12.30 Research & Development (R&D) 5.30 Restaurant (Dinner House/High Turn-over) 56.30 / 164.40 General Commercial 48.00 Sewer Impact Fee Rates for Fiscal Year 2018-19 Gallons per area x area x $4.92. The generation rate for all land use is 400 gallons per day per 1,000 square feet of building area. Traffic Impact Fee Rates for Fiscal Year 2018-19 Area of Building x Land Use Fee where the Land Use Fee is: R&D = $6.05 per building sq. ft. Hotel = $1,407.23 per room Commercial = $25.06 per building sq. ft. Sewer Capacity Charge for Fiscal Year 2018-19 The fee is updated each calendar year. The fee is currently $4,785.88 per EDU. An EDU, or Equivalent Dwelling Unit, is the amount and strength of sewage equivalent to that discharged by a single-family residence. EDU = (0.00347 x Q) + (0.362 x BOD) + (0.589 x TSS). Q = gallons 28 per day of sewage to be discharged; BOD = pounds per day of biochemical oxygen demand to be discharged; TSS = pounds per day of total suspended solids to be discharged. 3455400.1