HomeMy WebLinkAbout01/06/2004, C9 - ANNUAL STATEMENT OF DEVELOPMENT IMPACT FEES council V"ft,D= 1-6-0
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CITY O F SAN LUIS O B I S P O
FROM: Bill Statler, Director of Finance &Information Technology
Prepared By: Carolyn Dominguez, Finance Manager GQJ
SUBJECT: ANNUAL STATEMENT OF DEVELOPMENT IMPACT FEES
CAO RECOMMENDATION
Receive and file annual statements of revenues and expenditures from development impact fees
for 2002-03 (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. Resolution No. 9318
(2002 Series) states that within one hundred and eighty (180) days of the close of each fiscal
year, the Director of Finance shall make available to the public an accounting of these fees, and
the Council shall review that information at its next regular public meeting. AB 1600, which was
revised with the passage of SB 1693, outlines the information to be included in the report as
follows:
1. Brief description of the type of fee.
2. Amount of the fee.
3. Beginning and ending balance of the account.
4. Amount of the fees collected and any interest earned.
5. 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.
6. 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.
7. Description of each interfund transfer or loan.
8. 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 Attachments A, B and C respectively.
Annual Statement of Development Impact Fees Page 2
Impact Fee Statements for Fiscal Year 2002-03
Both the water and wastewater impact fee statements show the amount of fees collected during
fiscal years 1991-92 through 2002-03. The transportation impact fee statement shows the
amount of fees collected during fiscal years 1995-96 through 2002-03, 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
Transportation impact fees are under review and the results should be available for Council
consideration in Spring 2004.
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. All three impact fee
statements show a positive balance remaining at the end of 2002-03. 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 2002-03
1-B Water impact fee schedule
2-A Wastewater impact fee statement for fiscal year 2002-03
2-B Wastewater impact fee schedule
3-A Transportation impact fee statement for fiscal year 2002-03
3-B Transportation impact fee schedule
G:Finance/AB 1600 Annual Report/Council Agenda Report 2002-03
�a - a
ATTACHMENT 1-A
City of San Luis Obispo
Water Impact Fee Statement.for Fiscal Year 2002-03
Impact Fees Collected
Water Impact Fees collected in prior years $3,584,184
Water Impact Fees collected during 2001-02 2,650,632
Interest on Impact Fees collected in prior years 745
Interest on Impact Fees collected during 2002-03 51,422
Total Water Impact Fees Available $6,286,983
Supply Costs
Capital Expenditures Funded by Impact Fees
Salinas Reservoir Expansion prior years $1,550,569
Salinas Reservoir Expansion during 2002-03 455
Nacimiento Water Project prior years 236,997
Water Reuse Project prior years 1,096,477
Water Reuse Project during 2002-03 464,570
Total Expenditures $3,349,068
Percentage applicable to future development' 78.0%
Costs allowable for funding by Water Impact Fees $2,612,273
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
Debt Service paid during 2000-01 753,534
Debt Service paid during 2001-02 764,934
2002 Revenue Refunding Bonds
Debt Service paid during 2002-03 715,121
Total Debt Service $7,483,062
Percentage applicable to future development' 22.5%
Costs allowable for funding by Water Impact Fees $1,683,689
Total Costs Allowable for funding by Water Impact Fees $4,295,962
Water Impact Fee Balance $1,991,021
Percentage based upon the Urban Water Management Plan adopted by Council
on November 15, 1994 and adjusted for change in reserve requirement June 4, 2002.
CG-3
ATTACHMENT 1-B
WATER DEVELOPMENT IMPACT FEE SCHEDULE
EFFECTIVE JULY 1, 2003
Area-Specific
"Add-W
Airport
EDU* Citywide Margarita
:...........:......:...... ......:.....:.:.....:.................................:::.:.....:::::.::..::.:::::;::.::.:;::.::.:;:;:,::::::::::::.�. :........:... ...` :!n'.>y.>:#:�::d :
Inti..� ► .:�' ........................n...........:...........:...........................................................:.......................:..............................
Single Family Residential 1.0 $ 8,259 $ 164
Multi-Family Residential 0.8 6,607 611
Mobile Home 0.6 4,955 458
CAMP,
3/a Inch 1.0 8,259 764
1 Inch 1 2.0 16,518 1,528
1 V2 Inch 4.0 33,036 3,056
2 Inch 6.4 52,858 4,890
3 Inch 14.0 115,626 10,696
4 Inch 22.0 181,698 16,808
,6 Inch 45.0 371,655 34,380
* Equivalent Dwelling Unit
ATTACHMENT 2-A
City of San Luis Obispo
Wastewater Impact Fee Statement for Fiscal Year 2002-03
Impact Fees Collected
Wastewater Impact Fees collected in prior years $2,481,093
Wastewater Impact Fees collected during 2002--03 977,920
Interest on Impact Fees collected during prior years 52,029
Interest on Impact Fees collected during 2002-03 18,972
Total Wastewater Impact Fees Available $3,530,014
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
Debt Service paid during 2000-01 2,135,680
Debt Service paid during 2001-02 2,135,680
Debt Service paid during 2002-03 2,091,657
Total Debt Service $21,175,442.
Percentage applicable to future development' 8%
Costs allowable for funding by Wastewater Impact Fees $1,694,035
Total Costs Allowable for funding by Wastewater Impact Fees $1,694,035
Wastewater Impact Fee Balance $1,835,978
" Percentage based upon impact fee study adopted by Council on September 3, 1991.
I
ATTACHMENT 2-B
Wastewater Development Impact Fee Schedule
Effective July 1, 2003
Impact Fee
Area-S ecific"Add-On"
Airport Dalidio
Margarita Madonna Irish
EDU* Citywide Edna-Islay McBride HillsOrcutt
Residential
Per Unit
Single Family Residential 1.0 $ 3,314 746.00 $ 212 $ 376 $ 1,730
Multi-Family Residential 0.8 2,651 583.20 170 301 1,384
Mobile Home 0.6 1,988 447.60 127 226 1,038
Non-Residential
Meter Size**
3/a Inch 1.0 3,430 746.00 212 376 1,730
1Inch 2.0 6,860 1,492.00 424 752 3,460
1112 Inch 4.0 13,720 2,984.00 848 1,504 6,920
2Inch 6.4 21,952 4,774.40 1,357 2,406 11,072
3Inch 14.0 48,020 10,444.00 2,968 5,264 24,220
4Inch 22.0 75,460 16,412.00 4,664 8,272 38,060
16 Inch 1 45.0 1 154,350 1 33,570.00 9,540 1 16,920 1 77,850
* Equivalent dwelling unit
** Citywide non-residential EDU is adjusted upwards by about 3.5%to account for higher discharge strengths
�
L % -C,7
ATTACHMENT 3-A
City of San Luis Obispo
Transportation Impact Fee Statement for Fiscal Year 2002-03
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
Transportation Impact Fees collected during 2000-01 610,000
Transportation Impact Fees collected during 2001-02 638,200
Transportation Impact Fees collected during 2002-03 1,275,600
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
Interest on Impact Fees collected during 2000-01 600
Interest on Impact Fees collected during 2001-02 39,200
Interest on Impact Fees collected during 2002-03 44,400
Total Transportation Impact Fee Revenue $4,096,700
Capital Expenditures Funded by Impact Fees
Computer Traffic Model during 1996-98 $29,900
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 1998-00 14,300
Railroad Bike Path Phase 3-2002-03 14,500
Railroad Transportation Center 2000-01 100,100
Jennifer Street Bike Bridge during 1997-98 278,000
Montalban Bridge Funding 1998-99 60,000
Montalban Bridge 2002-03 7,400
Traffic Signals during 1997-99 57,100
Bike Path Land Acquisition during 1997-98 63,900
LOVR/Hwy 101 Interchange during 2001-02 69,500
LOVR/Hwy 101 Interchange during 2002-03 79,000
Total Costs Allowed for funding by Transportation Impact Fees $1,118,100
Reimbursement to the General Fund* $877,800
Fund Balance, End of Year June 30,2003 $2,100,800
MACHMEW 3 -P
Transportation Impact Fee Statement for Fiscal Year 2002-03, continued
"Protects for General Fund Reimbursement-Trans ortation Impact Fee Portion Only
Origlinal Cost
Madonna Road/Hwy 101 $703,800
Mathews Property Purchase 174,000
Higuera Street Widening- Marsh/High -
Total Costs for General Fund Reimbursement. 877,800
Less 1999-00 Reimbursement to the General Fund (381,000)
Less 2000-01 Reimbursement to the General Fund 496,800
Total Remaining Costs for Reimbursement to General Fund $0
ATTACHMENT 3-B
TRANSPORTATION IWACT FEES
EFFECTIVE JULY 11 2003
Land Use Category Impact Fee per Unit
of Development
Single Family Residential $ 1,491/DU
Multi-Family Residential $ 1,323/DU
Retail* $2,353/KSF*
Office $2,992/KSF
Service Commercial $ 1,622/KSF
Industrial $ 863/KSF
Hospital $2,678/KSF
Motel/Hotel* $ 692/Room*
Service Station (includes 1,000 square feet)** $ 1,281/Pump
Other $ 139/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 Fee