Development impact fees fund 11 separate projects in Temecula during 2019-2020

Jennifer Hennessy, finance director of Temecula, presents the city’s spending of development impact fee funds to the Temecula City Council, Tuesday, Nov. 24. Valley News/City of Temecula photo
The Temecula City Council received its annual report on development fee spending Tuesday, Nov. 24. The city’s Finance Department compiles a report of expenditures made with development impact fees collected and interest accrued each year, Jennifer Hennessy, finance director of Temecula, said. Development impact fees are charged to development project applicants to fund city services and facilities, like fire service and roads, that will need to be used by a development. The fees don’t need to be spent immediately, but they must be spent within five years of receipt. Hennessy told the council in her presentation that the city had started the 2019-2020 fiscal year off with a development impact fee balance of $2.8 million and collected an additional $2.5 million in fees and $5
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