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Council approves 2.3% increase to Monrovia transportation impact fee; fund balance and planned signal work disclosed
Summary
Staff reported the Traffic Impact Fee fund balance and recommended a 2.3% increase tied to the California construction cost index; council approved a resolution to adjust the fee and noted planned signal projects.
Monrovia’s Community Development Department presented the annual traffic impact fee (TIF) report for fiscal year 2023–24 and a staff-recommended fee adjustment tied to the California construction cost index.
Director Sherry Bermejo told council the transportation impact fee ordinance — established in 2019 under the state Mitigation Fee Act — funnels developer‑paid fees into a restricted fund that pays for traffic improvements south of Huntington Drive. "This fee is implemented through the adoption of a resolution," Bermejo said,…
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