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Meeting Date:
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11/13/2013 - 7:30 PM
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Category:
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Untitled
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Type:
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Action
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Subject:
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16.14 Resolution 13/14-23 regarding accounting of development fees for the 2012-2013 fiscal year in the Capital Facilities Fund pursuant to Government Code Sections 66001(d) & 66006(b)
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LCAP (Local Control Accountability Plan) Goal:
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Strategic Initiative 5.2 Optimal Operations and Infrastructure Ensure Fiscal stability and accountability through effective stewardship of financial assets and funding sources.
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Enclosure
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The Board is required by the Government Code to adopt a resolution regarding the accounting for development fees collected and placed into the Capital Facilities fund (SACS Fund 25, County Funds 11 and 21). The draft resolution and accounting must be publicly available on or before the 180th day after the close of the Fiscal Year (December 27th). A draft of the resolution and accounting was put on public display at the Developer Fees Counter in Fiscal Services October 21, 2013.
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File Attachment:
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Summary:
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None.
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Funding:
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N/A
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Fiscal Impact
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None.
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Recommendation:
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Approve the annual accounting of development fees and Resolution 13/14-23 is recommended.
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Approvals:
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Recommended By:
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Signed By:
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Bryan Richards - Chief Financial Officer
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Signed By:
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Dr. Nellie Meyer - Superintendent
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Vote Results:
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| New Motion | Member Linda Mayo Moved, Member Lynne Dennler seconded to approve the New motion 'Approve Resolution 13/14-23 regarding accounting of development fees for the 2012-2013 fiscal year in the Capital Facilities Fund pursuant to Government Code Sections 66001(d) & 66006(b).
'. Upon a Roll-Call Vote being taken, the vote was: Aye: 5 Nay: 0. | | The motion Carried 5 - 0 | | | | | Linda Mayo | Yes | | Lynne Dennler | Yes | | Cheryl Hansen | Yes | | Brian Lawrence | Yes | | Barbara Oaks | Yes | |
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