Hi Everyone - I have a problem in how we are processing and tracking fees paid by homeowners for construction projects. We currently charge a plan check fee for each project. We use a consulting group to actually check the plans. The fee is supposed to cover the cost of the consulting group's fee and leave us with a little extra as well (about a 80/20 split). We believe that we are actually losing money on these transactions and would like to do a better job tracking the deposits and expenditures. The current method is to bring the fees into a revenue account against the general fund. The problem with this method is that the balances at the end of the year are consolidated with all general fund activities so balances do not carry forward on a project or account basis. I would like to know how other cities account for plan check fees and expenses and how tracking is done, especially for projects that may extend from one fiscal year to another. Thanks in advance for all your help, Joan Joan Streit Director, Finance & Administrative Services City of Albany 1000 San Pablo Ave. Albany, CA 94706 (510) 528-5733 [EMAIL PROTECTED]
