City of Chino
CA

Staff Report

Adopt Resolution No. 2017-030 adjusting the rates for the one-time developer municipal services fee for Fiscal Year 2017-18.

Information

Department:Finance DepartmentSponsors:
Category:Support Fund

Attachments

  1. Printout
  2. Annual CPI FY 17-18 Resolution No. 2017-030 6-20-17 (This file has not yet been converted to a viewable format)

Budget String

Revenue: 1001000-51200 Expenditure: Transfer In: Transfer Out:

Body

BACKGROUND

It is the City of Chino’s intent to ensure that the development of The Preserve is financially self-sustaining and that it imposes no additional financial burdens on the residents, property owners, or taxpayers in other portions of the City.  This is partially accomplished by collecting a one-time municipal service fee from developers. The one-time developer municipal services fee requires the developer to pay a fixed cash payment upon the issuance of each building permit. 

 

The City Council adopted Resolution Nos. 2005-014 and 2006-068, which provided the method of funding for the municipal services. These Resolutions set the rate for a one-time payment per residential and non-residential unit to be paid by the developer upon issuance of the permit. Additionally, these Resolutions authorized an annual increase in the rate paid by the developer, with the annual adjustment set by the Consumer Price Index for Urban Wage Earners and Clerical Workers in the Los Angeles-Riverside-Orange County areas, as published by the U.S. Bureau of Labor Statistics, with a not to exceed provision of seven percent (7%) per year. 

 

ISSUES/ANALYSIS

Staff has historically used the annual Consumer Price Index (CPI) ending in April of each year to determine the authorized increase in this one-time developer payment. Using this methodology, the CPI, as published by the U.S. Bureau of Labor Statistics, is reported to be 2.5%. Based on that information, the attached Resolution establishes the rates for FY 2017-18, per the following schedule effective July 1, 2017:

 

Unit

Prior Rate

FY 17-18 Rate

Per residential unit

$1,215

$1,245

Per acre of non-residential property

$4,857

$4,978

 

 

 

RB/NR

 

Attachment:  Resolution No. 2017-030

 

 

Meeting History

Jun 20, 2017 7:00 PM Video City Council Regular Meeting
draft Draft
RESULT:APPROVED [UNANIMOUS]
MOVER:Tom Haughey, Mayor Pro Tem
SECONDER:Gary George, Council Member
AYES:Gary George, Eunice M. Ulloa, Tom Haughey, Earl C. Elrod