Board adopts developer impact fee annual and five‑year report; staff cite $8.4M collected in FY2014–15

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.

Golden said the district collected about $8.4 million in developer impact fees in the last fiscal year and earned approximately $250,000 in interest. He reported a fund balance in the account of roughly $35.9 million and said portions of those funds are already committed: about $9 million in a restricted reserve for the 135 Van Ness site, roughly $8 million designated for construction of a new classroom building at Lowell, approximately $2.5 million for work at Junipero Serra (transcript spelling varies), and about $5 million allocated to other growth projects such as early learning and special education expansion. Golden noted the report was prepared by a consultant identified in the meeting materials (the transcript contains inconsistent spellings of the consultant name).

Board members asked for clarification about how projects are listed in report tables and whether developer fees could be combined with bond funds or other sources for large new‑school projects. Golden said developer fees alone would be insufficient to fund multiple new schools and that large projects typically require a combination of local bonds, state funds and developer fees. The board adopted the report by roll‑call vote (seven ayes).