Since the Raids Beaumont has Issued over 6,000 Permits and collected over $106 Million in Mitigation Fees, so where’s the Money?
Since the Raids the City of Beaumont has Issued over 6,000 Permits and collected over $106 Million in Mitigation Fees, so where’s the money?
The City of Beaumont Building and Safety Department has Issued 6,245 Permits in the last three years:
2015 = 2,052 Permits
2016 = 1,907 Permits
2017 = 2,286 Permits
Beaumont’s General Ledger records a total of $106,275,515.36 in Mitigation Fees Collected for the following Funds:
552 – BASIC SERVICES DEVELOPMENT $920,476.22
554 – GENERAL PLAN DEVELOPMENT $962,939.75
556 – TRAFFIC IMPACT DEVELOPMENT $6,352,564.00
558 – RAILROAD CROSSING DEVELOPMENT $10,267,260.58
560 – FIRE STATION DEVELOPMENT $ 9,946,741.47
562 – ROAD AND BRIDGE DEVELOPMENT $ 54,731,575.05
564 – RECYCLED WATER DEVELOPMENT $3,465,307.38
568 – REGIONAL PARK DEVELOPMENT $4,186,993.36
705 – WASTEWATER DEVELOPMENT $15,441,657.55
The City’s General Fund and LAIF Accounts combined had $49 Million as of December 31, 2018.
Before the Raids the Fire Station Fund contained an IOU for $27 Million, so the Fire Station Fund should be around $37 Million.
Wastewater and Recycled Water Mitigation Fees collected in the last three years is a little less than $19 Million – and that doesn’t include the $3.5 Million Sewer Fee Increase paid by the Citizens.
There hasn’t been $60 Million in Roads constructed nor has there been $10 Million spent to ‘develop railroad crossings’, but all the money is gone.
And even after being sued by the Beaumont-Cherry Valley Parks and Recreation District the City of Beaumont continues to collect and pocket Mitigation Fees for a Regional Park. That takes a lot of nerve.