MARTINEZ, Calif. – Martinez Unified School District Board of Education will review a report Monday on developer fees and their use during Fiscal Year 2017-18.
Government code requires an accounting of the capital facilities fund that uses revenue from developer fees, sometimes called impact fees.
The District’s Fund 25 is where those fee revenues are placed. At the beginning of Fiscal Year 2017, the fund had a little more than $1 million and at the year’s end, it had about $807,000.
The fund collected more than $129,000 in fees and interest, and spent more than $367.000 on preparing a school facilities needs analysis and Alhambra High School Building K as well as official notices.
In other matters on Monday’s agenda, the Board will vote whether to approve an American Sign Language class for Alhambra High School.
The Board will meet at 6 p.m. Monday in a closed session on personal matters. The regular meeting starts at 6:30 p.m. Monday at the District’s building at 921 Susana St.