Distribution percentages will be recalculated when revisions to THE PLAN occur such as annexations, updates to the project lists, and revisions in the growth projections.
Any interest income earned by moneys in a fund shall also be deposited in that fund.
(b) PLAN REPORTS
(1) SANBAG ANNUAL DEVELOPMENT MITIGATION PROGRAM REPORT
As set forth in Appendix J.8 of the San Bernardino County Congestion Management Plan, the County Department of Public Works – Transportation shall submit an annual development mitigation report to SANBAG. The report is an informational document and does not require approval by the Board of Supervisors.
The report shall be provided to SANBAG within ninety (90) days of the end of the fiscal year. The report will be organized by PLAN SUBAREAS will contain the following information:
(a) Quantity of development for which development contributions were generated by development type.
(b) Total development contributions by development type.
(c) Other types of development-related transportation funds obtained during the year (e.g. grants).
(d) Funds expended on regional transportation projects listed in the County’s Regional Transportation Development Mitigation Plan. Funds expended must be listed by individual project and must be reported for the current year and cumulatively for each project.