The URL can be used to link to this page

Home My WebLink About01/04/2000, C5 - ANNUAL STATEMENT OF DEVELOPMENT IMPACT FEESCouncil �= m j agenba Repot 5 CITY OF SAN LUIS OBISPO FROM: Bill Statler, Director of Finance Prepared By: Linda Asprion, Revenue Manager SUBJECT: ANNUAL STATEMENT OF DEVELOPMENT IMPACT FEES CAO RECONDIEENDATION Receive and file annual statements of revenues and expenditures from development impact fees for 1998 -99 (water, wastewater and transportation). DISCUSSION Background On September 3, 1991, the Council adopted Ordinance 1200 implementing water and wastewater impact fees. On April 5, 1994, the Council adopted Ordinance 1256 implementing transportation impact fees. These fees are to be used in mitigating the impacts of future development on water, wastewater and transportation facilities. These fees were implemented within the regulatory guidelines of AB 1600 and continue 'to be regulated by this legislation. One of the key requirements of AB 1600, which was revised with the passage of SB 1693, is that the local agency, within 180 days after the last day of each fiscal year, shall make available to the public the following information for the fiscal year: ■ Brief description of the type of fee. ■ Amount of the fee. ■ Beginning and ending balance of the account. ■ Amount of the fees collectecyand any interest earned. ■ Identification of each public improvement on which fees were expended and the amount of the expenditures on each improvement including percentage of the cost of public improvement that was funded with the fees. ■ If an agency determines that sufficient funds have been collected to complete financing on an incomplete public improvement, when construction of the improvement will commence. ■ Description of each interfund transfer or loan. ■ Amount of any refunds. In order to comply with these requirements, water, wastewater, and transportation impact fee statements have been prepared and are included as Exhibits A, B and C respectively. C5 -1 Council Agenda Report — Annual Statement of Development Impact Fees . Page 2 Impact Fee Statements for Fiscall year 1998 -99 Both the water and wastewater impact fee statements show the amount of fees collected during fiscal years 1991 -92 through 1998 -99. The transportation impact fee statement shows the amount of fees collected during fiscal years 1995 -96 through 1998 -99, as the impact fee was implemented July 1, 1995. The project and debt service costs listed are the obligations analyzed in the impact fee study adopted by the Council upon which the fees are based Since total costs were used in the analysis, prior expenditures for these facilities are available to be funded by the impact fees along with current year expenditures. It should be noted that only the percentage of the expenditures attributable to future development as identified in the impact fee studies for the wastewater and transportation calculation, and the urban water management Plan for the water calculation, are identified for funding from the impact fees. SU11NMARY To be in compliance with AB 1600, the City must make available to the public an annual statement showing the collection of impact fees and how these fees were spent. The attached exhibits provide the appropriate information to meet the City's responsibility. The wastewater and transportation impact fee statements show a positive balance remaining at the end of 1998- 99. We anticipate expending these balances for approved capital improvement projects within the next five years. t, iit.1 i 1f- A -1 Water impact fee statement for fiscal year 1998 -99 - A -2 Water impact fee schedule B -1 Wastewater impact fee statement for fiscal year 1998 -99 B -2 Wastewater impact fee schedule. C -1 Transportation impact fee statement for fiscal year 1998 -99 C -2 Transportation impact fee schedule -h. i �L. � -. �: - 'hir �+' 'd i+��q�fig.� .a.. � wa 1a yA �.rT e+,c+� -roc -. y¢. �., "v• Ci: FmmcdAB 1600 Annual Repmt/Comal Agmda Report C5 -2 City of San Luis Obispo Water Impact Fee Statement for Fiscal Year 1998 -99 Impact Fees Collected Water Impact Fees collected in prior years Water Impact Fees collected during 1998 -99 Interest on Impact Fees collected Total. Water Impact Fees Available Supply Costs Capital Expenditures Funded by Impact Fees Salinas Reservoir Expansion prior years Salinas Reservoir Expansion during 1998 -99 Nacimiento Water Project prior years Nacimiento Water Project during 1998 -99 Water Reuse Project prior years Water Reuse Project during 1998 -99 Total Expenditures Percentaae aonlicable to future development EXHIBIT A -1 $1,021,886 $293,327 $0 $1,315,213 $933,575 $3,466 $236,946 $51 $118,213 $48,905 $1,341,156 67.5 % Treatment Costs Debt Service Funded by Impact Fees 1993 Water Revenue Bonds Debt Service paid during 1993 -94 Debt Service paid during 1994 -95 Debt Service paid during 1995 -96 Debt Service paid during 1996 -97 Debt Service paid during 1997 -98 Debt Service paid during 1998 -99 Total Debt Service Percentaae aoDGcable to future di Total Costs Allowable for funding by Water Impact Fees Water Impact Fee Balance • Percentage based upon the Urban Water Management Plan adopted by Council on November 15, 1994. $710,363 $756,204 $752,704 $753,954 $754,704 $767,959 $4,495,888 22.5% $1,916,855 ($601,642) C5 -3 WATER IMPACT FEE SCHEDULE EFFECTIVE JULY 1, 1999 RESIDENTIAL IMPACT FEE SCHEDULE Unit Tvne Single Family Dwelling Duplex, Townhouse, Condo Apartment Mobile Home Service Units Water Impact Fee �i 0.80 $5,318.00 0.60 $3,989.00 NON - RESIDENTIAL IMPACT FEE SCHEDULE Unit Tvoe Service Units Water Impact Fee 5/8" - 3/4" 1.00 $ 6,648.00 1" 2.00 $ 13,296.00 1 1/2" 4.00 $ 26,592.00 2" 6.40 $ 42548.00 3" 14.00 $ 93,073.00 4" 22.00 $146,257.00 6" 45.00 $299,163.00 Exhibit Pursuant to Resolution No. 8389 (1995 Series), a variable water impact fee credit for the cost of retrofitting, at $150 per bathroom be provided to applicants who are required to retrofit as a condition of development pursuant to the requirements of Municipal Code Chapter 17.89.030 B. C5-4 City of San Luis Obispo Wastewater Impact Fee Statement for Fiscal Year 1998 -99 Impact Fees Collected Wastewater Impact Fees collected in prior years Wastewater Impact Fees collected during 1998 -99 Interest on Impact Fees collected during prior years Interest on Impact Fees collected during 1998 -99 Total Wastewater Impact Fees Available Treatment and Trunk Collection Costs Debt Service Funded by Impact Fees 1992 State Revolving Fund Loan Debt Service paid during 1993 -94 Debt Service paid during 1994 -95 Debt Service paid during 1995 -96 Debt Service paid during 1996 -97 Debt Service paid during 1997 -98 Debt Service paid during 1998-99 Total Debt Service Percentage aoolicable to future dE Total Costs Allowable for funding by Wastewater Impact Fees Wastewater Impact Fee Balance • Percentage based upon impact fee study adopted by Council on September 3, 1991. EXHIBIT B -1 $1,042,498 $251,968 $6,578 $8,607 $1,309,651 $2,051,329 $2,120,642 $2,135,672 $2,135,682 $2,135,682 $2,097,737 $12,676,744 8% $1,014,140 $295,511 C5 -5 WASTEWATER IMPACT FEE SCHEDULE EFFECTIVE JULY 19 1999 RESIDENTIAL IMPACT FEE SCHEDULE Unit Tvne Single Family Dwelling Duplex, Townhouse, Condo Apartment Mobile Home Service Units Wastewater_ Impact Fee 1.00 $2,632.00 0.80 $2,106.00 0.60 $1,580.00 NON - RESIDENTIAL IMPACT FEE SCHEDULE Unit L= Service Units Wastewater Impact Fee 5/8" - 3/4" 1.00 $ 2,739.00 1" 2.00 $ 5,478.00 1 1/2" 4.00 $ 10,957.00 2" 6.40 $ 17,530.00 3" 14.00 $ 38,349.00 4" 22.00 $ 60,262.00 6" 45.00 $123,264.00 Exhibit .8-04 C5 -6 EXHIBIT C -1 City of San Luis Obispo Transportation Impact Fee Statement for Fiscal Year 1998 -99 Fund Balance, Beginning of Year 1995 -96 $0 Impact Fees Collected Transportation Impact Fees collected during 1995 -96 $224,500 Transportation Impact Fees collected during 1996 -97 $163,100 Transportation Impact Fees collected during 1997 -98 $283,400 Transportation Impact Fees collected during 1998 -99 $517,800 Interest on Impact Fees collected during 1995 -96 $11,700 Interest on Impact Fes collected during 1996 -97 $6,200 Interest on Impact Fees collected during 1997 -98 $7,000 Interest on Impact Fees collected during 1998 -99 $17,000 Total Transportation Impact Fee Revenue $1,230,700 Capital Expenditures Funded by Impact Fees Computer Traffic Model during 1996 -97 $27,200 Computer Traffic Model during 1997 -98 $2,700 South Street Widening $9,500 Railroad Bike Path Phase I - SPRR Right of Way during 1995 -96 $181,000 Railroad Bike Path Phase I - SPRR Right of Way during 1996 -97 $30,100 Railroad Bike Path Phase I - SPRR Right of Way during 1997 -98 $10,800 Railroad Bike Path Phase I - SPRR Right of Way during 1998 -99 $111,400 Railroad Bike Path Phase II - during 1998 -99 $13,600 Jennifer Street Bike Bridge during 1997 -98 $278,000 Montalban Bridge Funding 1998 -99 $60,000 Traffic Signals during 1997 -98 $56,100 Traffic Signals during 1998 -99 $1,000. Bike Path Land Acquisition during 1997 -98 $63,900 Total Costs Allowable for funding by Transportation Impact Fees $845,300 Fund Balance, End of Year June 30,1999 $385,400 C5 -7 TRANSPORTATION IMPACT FEES EFFECTIVE JULY 19 1999 Land Use Categga Single Family Residential Multi - Family Residential Retail* Office Service Commercial Industrial Hospital Motel/Hotel* Service Station (includes 1,000 square feet) ** Other Impact Fee per Unit of Development $ 1,350 /DU $ 1,198/DU $ 2,130/KSF* $ 2,708/KSF $ 1,468/KSF $ 782/KSF $ 2,424/KSF $ 626/Room* $ 1,160/Pump $ 127/Trip Exh1bitL_—.a2— * Fees for retail and hotel/motel are set at 50% of the adjusted study costs in recognition of the fiscal benefits these developments bring to the City. ** Square footage above this amount will be charged at the service commercial rate, excluding structures that are specifically built to cover pump areas. DU = Dwelling Unit KSF = 1,000 Square Feet