| Item Title: | Resolution No. 2023-2024.31 Annual Accounting for Developer Fees for Fiscal Year 2022-2023 Collected by the District in Account: Fund 25 (5 Mins/Public Hearing/Action) |
| Item Type: | Action |
| Background: |
Government Code sections 66001 and 66006 imposed detailed requirements on public agencies that levy development fees. These sections require school districts collecting statutory school facilities fees to make an annual accounting of those fees available to the public within 180 days of the end of the fiscal year which is on or before December 28, 2023. The annual accounting must then be reviewed by the governing board at its next regularly scheduled meeting, at least 15 days after the accounting was made available to the public.
Attached are as follows:
- Resolution No. 2023-2024.31
- Exhibit A - 2022-2023 Developer Fee Annual Report
- Exhibit B - Capital Facilities Fund 25 posted on November 22, 2023
By disclosing the reports, the District will have met the requirements of Government Code sections 66001 and 66006.
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| AUSD LCAP Goals: | 4. Ensure that all students have access to basic services. |
| Fund Codes: | 25 Capital Facilities – Developer Fees Fund |
Fiscal Analysis
Amount (Savings) (Cost): |
Fund Balance 6/30/2023: $8,615,225.49. |
| Recommendation: | Approve as submitted. |
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| AUSD Guiding Principle: | #5 - Accountability, transparency, and trust are necessary at all levels of the organization.| #6 - Allocation of funds must support our vision, mission, and guiding principles. |
| Submitted By: | Shariq Khan, Assistant Superintendent of Business Services |