Rosemead

City Council

F. Adopt Resolution No. 2024- 66 to Receive and File the Annual Report on Development Impact Fees for Fiscal Year Ended June 30, 2024 In accordance with Section 66006 of California Government Code, the City is required to annually report on the status of Development Impact Fees, including the collection of revenue and expenditure of these funds, within 180 days after the end of the fiscal year. This report summarizes the required financial information for Fiscal Year 2023- 24. Recommendation: That the City Council receive and file the Annual Report of Development Impact Fees for FY 2023- 24 and adopt Resolution No. 2024- 66, entitled: A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ROSEMEAD, CALIFORNIA, REGARDING THE ANNUAL REPORT ON DEVELOPMENT IMPACT FEES AS OF JUNE 30, 2024