Title
Chief Administrative Office recommending the Board order the Auditor-Controller to process a journal entry transferring the amount of $40,829.62 from the El Dorado Hills Community Services District Development Impact Mitigation Fee Account (8963117) to the operating account designated by the District.
FUNDING: El Dorado Hills Community Services District Development Impact Mitigation Fees.
Body
DEPARTMENT RECOMMENDATION
Chief Administrative Office recommending the Board order the Auditor-Controller to process a journal entry transferring the amount of $40,829.62 from the El Dorado Hills Community Services District Development Impact Mitigation Fee Account (8963117) to the operating account designated by the District.
DISCUSSION / BACKGROUND
At the request of the El Dorado Hills CSD, the Board of Supervisors first established a development impact mitigation fee on June 3, 1997, pursuant to Resolution No. 112-97. The fee was updated by resolution 177-2007 on July 10, 2007. The County collects the fee on behalf of the CSD. The funds are maintained in a separate account, and when the CSD expends funds on eligible projects, the County transfers the funding from the CSD's Development Impact Mitigation Fee account to the CSD's operating account.
The CSD has made a request for disbursement of funds in the amount of $40,829.62 for costs incurred by the District in administering the mitigation fee program for the period of April, 2017 through September, 2017. The fee nexus study supporting resolution 177-2007 provided that two percent (2%) of the fee revenue collected may be used by the District to cover administration of the fee program.
The use of fee revenue for administration of the fee program falls squarely within the purpose for which the fees were collected. Reimbursement of such expenditures is provided for by El Dorado County Ordinance Code 13.30.040, and the County has previously disbursed development impact fees to the District for this purpos...
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