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Board approves developer-fee accountability report; district collected $174,456.52 in FY 2024–25

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Summary

The board approved the annual developer-fee accountability report showing $174,456.52 collected in fiscal year 2024–25 and an ending fund balance of $1,195,884.13; staff said fees are collected by the city and transferred to the district.

The San Marino Unified School District Board of Education on Oct. 14 approved the annual developer-fee accountability report, which summarizes school impact fees collected and balances through June 30, 2025.

Business-services presenter Stephen Choi explained that developer fees are collected from new residential and commercial development…

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