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Council reviews Mitigation Fee Act annual report for fiscal 2023–24; staff to return with updated fee study

2117173 · January 16, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

City staff presented the Mitigation Fee Act annual report for fiscal year 2023–24 showing fees collected for parks, traffic and other impact funds; council discussed recent increases in several categories and staff said an updated fee study will return in spring.

City staff presented the Mitigation Fee Act annual report for fiscal year 2023–24 during the Jan. 15 meeting and summarized the required disclosures on separate impact‑fee funds, fund balances and intended uses.

Staff reminded the council that state law requires separate funds for each development‑impact fee, an annual public report and five‑year…

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