A. No later than one hundred eighty (180) days following the end of each fiscal year, the city manager or his or her designee (for purposes of this section, the "city manager") shall prepare a report for the city council identifying the following:
1. The beginning and ending balances of public facilities fees, the transit fee, and the drainage fee in their respective special funds established under Section 18.24.170 of this chapter for the fiscal year;
2. The fee, interest, and other income collected in said funds during the fiscal year;
3. The amount of expenditures from said funds categorized by the public infrastructure to which such expenditures relate;
4. An accounting of all refunds and reimbursements for which the city is obligated to make or has made pursuant to this chapter;
5. The reallocation, if any, of unexpended or unappropriated fee revenue made pursuant to subsection (B)(3) of Section 18.24.190 of this chapter and Government Code Section 66001(f);
6. The public infrastructure constructed and to be constructed utilizing the revenues collected from the fee established by this chapter, the continued need for such public infrastructure, the reasonable relationship between such need and the impacts of development for which the fee is charged;
7. The estimated costs of the public infrastructure described in the report; and
8. The amount of any automatic annual adjustment made pursuant to Section 18.24.140 of this chapter, including the basis of the calculation therefor.
B. In addition to the report matters set forth in subsection A of this section, at least once each fiscal period, the city manager or his or her duly authorized designee, shall present to the city council a proposed capital improvement program for the various public infrastructure referenced in the resolution or resolutions adopted pursuant to subsection B of Section 18.24.050 of this chapter, assigning moneys (including any accrued interest) from the appropriate special fund to specific improvement projects, acquisitions, and related expenses. The adoption of such capital improvement program shall comply with the provisions of Government Code Section 66002.
C. In preparing the report pursuant to this section, the city manager shall adjust the estimated costs of the public infrastructure in accordance with the Engineering Construction Cost Index as published by Engineer New Record, or other reasonable standard, for the elapsed time period from the first day of the previous July or the date that the cost estimate was developed.
D. The report prepared pursuant to subsection A of this section shall be made available to the general public pursuant to the provisions of subsection (b) of Government Code Section 66006. The city council shall review the information contained in said report at its next regularly scheduled public meeting not less than fifteen (15) days after the report is made available to the public. The scheduling of the hearing and notice thereof shall comply with the provisions of subsection (b) of Government Code Section 66006.
E. The city council, by resolution, may revise the fees established by this chapter to reflect the findings made from its consideration of the annual report and to include additional projects previously not foreseen as being needed, provided that all such revisions shall be consistent with the North Natomas community plan, the North Natomas financing plan and the nexus study.
F. The report prepared by the city manager and its review by the city council, as well as any findings thereon, shall be subject to the provisions of subsection (d) of Government Code Section 66001, to the extent applicable. (Ord. 2004-044 § 1; prior code § 84.02.219)