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Board adopts annual and five‑year developer fee reports as required by state law
Summary
Trustees adopted a report summarizing developer fee accruals and a required five‑year review under the Government Code; staff described the item as a retrospective accrual recap and five‑year compliance review, and the motion passed 6–0.
The board voted to adopt the district’s annual and five‑year developer fee reports, a routine compliance item required under state law to document fee accruals and planned use.
District staff summarized the item as “a recap of last year’s accrual of developer fees and then also kind of a 5 year review as required by government code,” and trustees moved and seconded approval. The motion carried 6–0 on a roll call.
Why it matters: Developer fee reports document impact‑fee collections and planned expenditures for capital projects; adoption is required for compliance with state government‑code reporting obligations.
