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Board adopts developer impact fee annual and five‑year report; staff cite $8.4M collected in FY2014–15
Summary
Chief Facilities Officer David Golden presented the developer impact fee annual and five‑year report, reporting roughly $8.4 million collected in the fiscal year, $250,000 in interest, and a fund balance the presentation identified as about $35.9 million; the board adopted the report by roll call.
The Board of Education reviewed and adopted the developer impact fee annual and five‑year report for the fiscal year ending June 30, 2015. Chief Facilities Officer David Golden summarized the requirement under the Government and Education Code, outlined the methodology used by the district’s consultant and described how the district has used and plans to use fees to support growth‑related projects.
Golde…
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