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Get the free Annual Status Report on Receipt and Use of Development Impact Fees - sunnyvale ca

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This document presents the annual status report required by the Mitigation Fee Act, detailing the receipt and use of development impact fees in the City of Sunnyvale.
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How to fill out Annual Status Report on Receipt and Use of Development Impact Fees

01
Gather all relevant data regarding Development Impact Fees received during the reporting period.
02
Organize information on the projects for which the fees were allocated.
03
Document any expenditures made using the Development Impact Fees.
04
Prepare a summary of how the fees contributed to development within the community.
05
Complete each section of the Annual Status Report form accurately.
06
Ensure that all calculations are correct and well-documented.
07
Review the report for compliance with local guidelines and regulations.
08
Submit the report by the deadline set by the governing authority.

Who needs Annual Status Report on Receipt and Use of Development Impact Fees?

01
Local government agencies responsible for managing Development Impact Fees.
02
Developers and property owners who have paid Development Impact Fees.
03
Community stakeholders interested in the use and impact of the fees.
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The Annual Status Report on Receipt and Use of Development Impact Fees is a document that provides a summary of the fees collected and how they have been utilized within a given year. It ensures transparency and accountability in the expenditure of these fees.
Entities responsible for the collection and management of development impact fees, such as local government agencies or jurisdictions, are required to file the Annual Status Report.
To fill out the report, one should gather data on the total amount of fees collected, list the projects funded with these fees, and provide a detailed account of expenditures. Follow any specific templates or guidelines provided by the governing authority.
The purpose of the report is to ensure accountability in the use of development impact fees, inform stakeholders about the progress and impact of funded projects, and comply with legal or regulatory requirements.
The report must include the total amount of development impact fees received, details on how the fees were utilized, a list of projects funded, any outstanding balances, and any relevant timelines for project completion.
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