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HomeMy WebLinkAbout12/05/2000, C4 - ANNUAL STATEMENT OF DEVELOPMENT IMPACT FEES council ° °� j ac,Enba RepoRt ]�N C4 CITY OF SAN LUIS O B I S P O FROM: Bill Statler, Director of Finance Prepared By: Linda Asprion, Revenue Manager01-1 SUBJECT: ANNUAL STATEMENT OF DEVELOPMENT R%4PACT FEES CAO RECOMMENDATION Receive and file annual statements of revenues and expenditures from development impact fees for 1999-00 (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 collected and 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. C4-1 Council Agenda Report—Annual Statement of Development Impact Fees Page 2 Impact Fee Statements for Fiscal Year 1999-00 Both the water and wastewater impact fee statements show the amount of fees collected during fiscal years 1991-92 through 1999-00. The transportation impact fee statement shows the amount of fees collected during fiscal years 1995-96 through 1999-00, 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. Fees Under Review It should be noted that all three of these fees are currently under review: water and wastewater impact fees as part of the Airport Area specific plan, and transportation impact fees as part of the 1999-01 Financial Plan work program. The results of these reviews should be available for Council review in Spring 2001. Summary To comply 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 1999-00. We anticipate expending these balances for approved capital improvement projects within the next five years. ATTACHMENTS 1-A Water impact fee statement for fiscal year 1999-00 1-B Water impact fee schedule 2-A Wastewater impact fee statement for fiscal year 1999-00 2-B Wastewater impact fee schedule 3-A Transportation impact fee statement for fiscal year 1999-00 3-B Transportation impact fee schedule G:Finance/AB 1600 Annual Report/Council Agenda Report 1999-00 C4-2 ATTA%.sAMENT 1—A City of San Luis Obispo Water Impact Fee Statement for Fiscal Year 1999-00 Impact Fees Collected Water Impact Fees collected in prior years $1,315,213 Water Impact Fees collected during 1999-00 $259,922 Interest on Impact Fees collected $0 Total Water Impact Fees Available $1,575,135 Supply Costs Capital Expenditures Funded by Impact Fees Salinas Reservoir Expansion prior years $937,041 Salinas Reservoir Expansion during 1999-00 $378,352 Nacimiento Water Project prior years $236,997 Water Reuse Project prior years $167,118 Water Reuse Project during 1999-00 $136,350 Total Expenditures $1,855,858 Percentage applicable to future development* 67.5% Casts ait bl for�xrrulir�.b1+I ger�a pa�I 1.21 Fps $1�T,5�7 .4 Treatment Costs Debt Service Funded by Impact Fees 1993 Water Revenue Bonds Debt Service paid during 1993-94 $710,363 Debt Service paid during 1994-95 $756,204 Debt Service paid during 1995-96 $752,704 Debt Service paid during 1996-97 $753,954 Debt Service paid during 1997-98 $754,704 Debt Service paid during 1998-99 $767,959 Debt Service paid during 1999-00 $753,585 Total Debt Service $5,249,473 Percentage applicable to future development* 22.5% Cus#S 6"W1efpr10.6dnb l ck Fe1.1$113 Total Costs Allowable for funding by Water Impact Fees $2,433,836 Water Impact Fee Balance ($858,701) * Percentage based upon the Urban Water Management Plan adopted by Council on November 15, 1994. C4-3 attach #.L.6 WATER IMPACT FEE SCHEDULE EFFECTIVE JULY 19 2000 RESIDENTIAL IMPACT FEE SCHEDULE Tln� Servire Units WaterTm?art Fee Single Family Dwelling 1.00 $6,827.00 Duplex,Townhouse,Condo Apartment 0.80 $5,462.00 Mobile Home 0.60 $4,097.00 NON-RESIDENTIAL IMPACT FEE SCHEDULE T Tni� Servire.T hits Water Tm?act Fee 5/8" - 3/4" 1.00 $ 6,827.00 1" 2.00 $ 13,654.00 1 1/2" 4.00 $ 27,308.00 2" 6.40 $43,693.00 3" 14.00 $95,578.00 4" 22.00 $150,194.00 6" 45.00 $307,215.00 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. C4-4 ATTA�viMENT 2-A City of San Luis Obispo Wastewater Impact Fee Statement for Fiscal Year 1999-00 Impact Fees Collected Wastewater Impact Fees collected in prior years $1,294,466 Wastewater Impact Fees collected during 1999-00 $137,884 Interest on Impact Fees collected during prior years $15,185 Interest on Impact Fees collected during 1999-00 $7,584 Total Wastewater Impact Fees Available $1,455,119 Treatment and Trunk Collection Costs Debt Service Funded by Impact Fees 1992 State Revolving Fund Loan Debt Service paid during 1993-94 $2,051,329 Debt Service paid during 1994-95 $2,120,642 Debt Service paid during 1995-96 $2,135,672 Debt Service paid during 1996-97 $2,135,682 Debt Service paid during 1997-98 $2,135,682 Debt Service paid during 1998-99 $2,097,737 Debt Service paid during 1999-00 $2,135,681 Total Debt Service $14,812,425 Percentage applicable to future development*.:::::.:.:::.:.:.::..:::::: 8% [arsts;3llowabf$far fng by Wastewater`Impac $2,2&11,994 Total Costs Allowable for funding by Wastewater Impact Fees $1,184,994 Wastewater Impact Fee Balance $270,125 * Percentage based upon impact fee study adopted by Council on September 3, 1991. C4-5 Attechtt�13 WASTEWATER V"ACT FEE SCHEDULE EFFECTIVE JULY 19 2000 RESIDENTIAL IMPACT FEE SCHEDULE T snit T= S .rviire I Tnits Wmtewater Tm ant Fee Single Family Dwelling 1.00 $2,703.00 Duplex,Townhouse,Condo Apartment 0.80 $2,163.00 Mobile Home 0.60 $1,623.00 NON-RESIDENTIAL IMPACT FEE SCHEDULE T Tnit T= Service I Tnits Wastewater Tmnart Fite 5/811 - 3/4" 1.00 $ 2,813.00 1" 2.00 $ 5,626.00 1 1/2" 4.00 $ 11,252.00 2" 6.40 $ 18,003.00 3" 14.00 $39,384.00 4" 22.00 $ 61,889.00 6" 45.00 $126,592.00 C4-6 ATTALHMENT 3-A City of San Luis Obispo Transportation Impact Fee Statement for Fiscal Year 1999-00 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 Transportation Impact Fees collected during 1999-00 $258,000 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 $1,488,700 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 I - SPRR Right of Way during 1999-00 $1,600 Railroad Bike Path Phase II - during 1998-99 $13,600 Railroad Bike Path Phase II - during 1999-00 $700 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 $847,600 Impact Fees Reimbursement to the General Fund* $381,000 Fund Balance, End of Year June 30, 2000 $260,100 *Projects for General Fund Reimbursement-Transportation Impact Fee Portion Only Madonna Road/Hwy 101 $703,800 Mathews Property Purchase $174,000 Higuera Street Widening - Marsh/High $0 Total Costs for General Fund Reimbursement $877,800 Less 1999-00 Reimbursement to the General Fund $381,000 Total Remaining Costs for Reimbursement to General Fund $496,800 C4-7 Attachment2.:-6 TRANSPORTATION BIPACT FEES EFFECTIVE JULY 19 2000 i nntl i Ice Category Impact Fee per Unit of Development Single Family Residential $ 1,386/DU Multi-Family Residential $ 1,230/DU Retail* $ 2,188/KSF* Office $ 2,781/KSF Service Commercial $ 1,508/KSF Industrial $ 803/KSF Hospital $ 2,489/KSF Motel/Hotel* $ 643/Room* Service Station (includes 1,000 square feet)** $ 1,191/Pump Other $ 130/Trip * 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 C4-8