Title
Recommendation to Receive the Fiscal Year (FY) 2018-19 Rent Program Regulatory Fee Study; and
Adoption of Resolution Setting a Rent Program Fee for the City's Rent Review, Rent Stabilization and Limitations on Evictions Ordinance and Implementing Policies for Fiscal Year 2018-19. (Rent Stabilization 265)
Body
To: Honorable Mayor and Members of the City Council
From: Elizabeth D. Warmerdam, Acting City Manager
Re: Recommendation to Receive the Fiscal Year (FY) 2018-19 Rent Program Regulatory Fee Study; and Adoption of Resolution Setting a Rent Program Fee for the City's Rent Review, Rent Stabilization and Limitations on Evictions Ordinance and Implementing Policies for Fiscal Year 2018-19
BACKGROUND
In 2016, the Council voted to pay for the initial start-up of the Rent Review, Rent Stabilization and Limitations on Evictions Ordinance (ordinance) with General Fund revenue in order to gather more data and information about the cost to administer the program prior to implementing a program fee. On June 7, 2017, after a full year of program operations, Council considered a Rent Program Fee Study, prepared by SCI Consulting Group (SCI), and determined it had sufficient data to adopt a rent program fee effective July 1, 2017. A fee of $120 per rental unit was adopted by resolution for Fiscal Year 2017-18.
At the time the fee was adopted, staff stated that it would conduct an updated Fee Study for FY 2018-19, which would set the rent program fee for the next fiscal year. It is important to update the Fee Study on an annual basis in the initial years of the ordinance while landlords and tenants continue to be educated on their rights and responsibilities under the ordinance and staff continues to work on evolving issues and concerns related to implementing the ordinance. In the next several years, it is anticipated that the Fee Study will be updated less frequently. Accordingly, the attached resolution envisions periodic review at the discretion of ...
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