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A. Each year, pursuant to Government Code Section 66006, the city council will review the status of compliance with this chapter and the degree to which fees collected pursuant to this chapter are mitigating the impacts of new industrial, commercial and residential development projects on the city’s sanitation system.

B. For each of the accounts established by this chapter, the city shall, within one hundred eighty days after the close of each fiscal year, make available to the public all of the following information:

1. A brief description of the type of fee in the account or fund;

2. The beginning and ending balance for the fiscal year in that account;

3. The fee, interest and other income to that account for the fiscal year;

4. The amount of expenditure for public capital improvements by line item category from that account during the fiscal year identifying the capital improvements for which expenditures were made;

5. An identification of an approximate date by which the capital improvements be purchased if the city determines that sufficient funds have been collected to complete financing on a capital improvement;

6. A description of each interfund transfer or loan made from the account or fund, including the capital improvement on which the transferred or loaned fees will be expended, and, in the case of an interfund loan, the date on which the loan will be repaid, and the rate of interest that the account or fund will receive on the loan;

7. The amount of refunds made pursuant to Section 66001(e) of the Government Code out of that account during the fiscal year and any allocation pursuant to Section 66001(f) of the Government Code.

C. The city council shall review the information described in subsection B of this section, at the next regularly scheduled public meeting of the council, not less than fifteen days after the information required by that subsection is made available to the public. (Ord. 511 §1 (Exh. A), 2006).