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HomeMy WebLinkAboutPresentation SRCity of Miami Impact Fees City Commission Presentation November 17, 2005 TischlerBise Fiscal, Economic & Planning Consultants With Susan Schoettle-Gumm Attorney at Law 1 Comparison of Fee Schedule Existing . Fees calculated and imposed by Planning Area • Fees calculated with coefficients or dollars per square foot for all development • Retain existing fee schedules for building permit applications accepted prior to a specified date Proposed • Uniform City-wide fees by facility type • New fees applied to building permit applications submitted after January 31, 2006 • Residential fees imposed per dwelling unit by type of housing • Nonresidential fees imposed per square foot or demand unit (e.g. per room for lodging) 2 Fee Methods and Cost Components Comparison to other jurisdictions •Single Family per dwelling unit (excluding schools) Miami proposed Miami -Dade Co. Palm Beach Co. Wellington Orange Co. Total Impact Fees $8,099 $2,924 $6,279 $5,211 $3,518 Comparison to other jurisdictions Multi -family (low rise) per dwelling unit (excluding schools) Miami proposed Miami -Dade Co. Palm Beach Co. Wellington Orange Co. Total Impact Fees $7,124 $1,853 $4,300 $3,684 $2,622 Comparison to other jurisdictions Office (100,001 sq. ft.) (excluding schools) Miami proposed Miami -Dade Co. Palm Beach Co. Wellington Orange Co. Total Impact Fees $70,600 $1,212 $11,594 $171,291 $12,420 Existing and Projected Impact Fee Revenue See Figure 8 $8,000,000 $7,000,000 $6,000,000 $5,000,000 $4,000,000 $3,000,000 $2,000,000 $1,000,000 $0 Average Annual Impact Fee Revenue City of Miami 2000-2004 2006-2010 • General Services O Solid Waste • Storm Sewers O Streets ❑ Parks • Fire/Rescue ® Police 7 Growth -Related Capital Improvements and Impact Fee Funding over Next 5 Years ........................... Projected impact fee revenue • $36.59 million over next five years • $7.32 million/year average annual revenue Parks & Recreation • 11.1 acres of additional City-wide Parks • $24.2 million land, $2.0 million improvements • $1.7 million for Waterfront Park improvements • " 30% of an additional pool, "/ 6% of the new gymnasium • Fire/Rescue: N 27% of two new fire stations, N 6 additional Fire/EMS vehicles/apparatus • General Services: 19 additional vehicles, $1.5 million for growth - related modifications to the MRC building • Police: 54 additional vehicles, N 8% of the new Police Training Facility 8