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Home My WebLink AboutSubmittal-City Manager-Memo-Impact FeesSUBMITTED INTO THE PUBLIC RECORD FOR Cl'rYQRM1AMI,FL.oRIDA �TEM �j"� r�'��A� 9.9.* INTER-OFCE MEMORANDUML�^"1�"v Honorable Mayor Tomas P. Regalado and Honorable City Commissioners Daniel J. Alf City Manager DATE: September 9, 2014 SUBJ :c Impact Fees — Past and Proposed Distribution REVISION REFERENCES: ENCLOSURES: REVISION: This memorandum is being reissued to reflect the current Capital Plan and to include an additional table. Past Distribution of Impact Fees With the implementation of a new building permitting system (Ibuild) the City is able to accurately track and analyze where impact fees are generated in the City. The attached tables and maps depict the amounts and locations of impact fees collected in the City between October 1, 2011 through July 31, 2014, as tracked through Ibuild. The enclosed maps graphically depict the location of projects that have generated impact fees during this period through the use of green circles. The maps also depict in red the location of projects that used impact fees during this same period. The size of the circle depicts the magnitude of the impact fee collected or used. Each impact fee generating project (green) is bounded by a thin circle depicting a one mile radius around the project. This one mile radius depicts a hypothetical area around each project where, if impact fees were spent within the boundary, the residents of the project generating the impact fees could reasonably use or benefit from the facility constructed with the impact fees. Given the timelines between when an impact fee is generated and the time it takes to plan and develop a project, it is not reasonable to have a direct relationship between a project generating the impact fee and a project built with impact fees in close vicinity. However, when analyzing a range of time (several years) the relationship between the location of projects generating and using funds should be apparent. The past three years of data depicted through these maps and charts demonstrate that during this period, impact fees have been generally distributed in the Commission district where they were generated and that there is a strong correlation between where the impact fees are generated and where they have been spent. Proposed Distribution of Impact Fees The distribution of impact fees within the Capital Plan to be considered by the City Commission next week has been developed with the same considerations described above. Similar to the approach used over the past three years, the proposed Capital Plan generally distributes impact fees in the Commission district where they were generated and there should be a strong correlation between where the impact fees are generated and where they will be spent. The enclosed pie charts depict the distribution of unallocated impact fees and the proposed appropriation for FY 2014-15. The blue pie chart depicts in which Commission district unallocated impact fees were generated. The green pie chart depicts the proposed appropriation of impact fees in the Capital Plan by district. Below is a summary of the data depicted in the pie charts: I�- ouTgit — Subm0-4l - [}\ knG()QY -Memo- RQs September 9, 2014 Page 2 Table Depicting Proposed Distribution of Impact Fees by District (Capital Plan FY 14-15) District Impact Fees Generated per District Proposed Appropriation of Impact Fees by District 1 1% 8% 2 61 % 47% 3 13% 13% 4 4% 8% 5 21% 10% Multi -District Projects 14% Taking the allocations over the past three years together with the proposed FY 2014-15 Capital Plan allocations also depicts a balanced approach over a four year period: Distribution of Impact Fees: Past and Proposed 10-1-2011 thru 9-30-2015 Total Collections Total Allocations District Value % Value % 1 $ 2,653,140 4% $ 5,805,428 9% 2 $ 42,097,887 62% $ 33,664,986 55% 3 $ 7,385,660 11% $ 6,097,300 10% 4 $ 4,249,794 6% $ 5,270,000 9% 5 $ 11,741,262 17% $ 10,575,427 17% Total* $ 68,127,743 $ 61,413,141 * Totals do not include set aside for Citywide Land Acquisition Based on the information presented herein, the Proposed Capital Plan provides a reasonable distribution of funds amongst the five Commission Districts. Attachments N NrTgo 6.1, i• JEUC flECORD Impact Fees Distribution FY 2014-15 District 2 $16,500,000 47% Cd'aviiTTED INTO THEDiStriCtl S0 EUbLIC�(ECORDFa. 0s% tTEMpONM2oi District 3 $4,567,300 13% District 4 $2,635,000 8% District 5 $3,560,000 10% Multi -District $4,826,805 14% Impact Fees Collection/Projection and Distribution FY 2014-15 • Parks - Antonio Maceo Community Building - D1 • Parks - Kinloch Park Building Addition - D1 • Parks - Curtis Park Playground • Parks - Grapeland Park Picnic Shelter • Parks - Curtis Park Turf District Total Parks - Museum Park Parks - Regatta Parks - Dorsey Park Community Center Parks - Dinner Key Dredging Spoil Island C Dock Repair Parks - Virrick Park New Pool Facility Parks - Manatee Bend Park Parks - Merrie Christmas Park Improvements Parks - Virginia Key Rowing Center Park Building Parks - Morningside Park Floating Dock Parks - Morningside Park Tennis Center Building Parks - Pallot Park Seawall Parks - Douglas Park Community Center Parks - Virginia Key Kayak Launch Parks - Douglas Park Turf Parks - Peacock Park Turf District Total Parks - Southside Park Field Parks - Park Expansions and Land Acquisition - District 3 Parks - Domino Park Shade Structure District Total $125,000 Districts: $125,000 Districts: $200,000 Districts: $850,000 Districts: $1,500,000 Districts: $2,800,000 $2,500,000 Districts: $4,300,000 Districts: $350,000 Districts: $100,000 Districts: $2,000,000 Districts: $100,000 Districts: $600,000 Districts: $350,000 Districts: $50,000 Districts: $1,000,000 Districts: $300,000 Districts: $1,650,000 Districts: $200,000 Districts: $1,500,000 Districts: $1,500,000 Districts: $16,500,000 $1,500,000 Districts: $3,037,300 Districts: $30,000 Districts: $4,567,300 1 1 1 1 1 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 3 3 3 District 1 District 2 District 3 District 4 District 5 Collection of Funds $220,993 $21,360,240 $4,567,363 $1,477,653 $7,262,856 Allocation of Funds District 1 District 2 District 3 District 4 District 5 Multiple Districts $2,800,000 8% $16,500,000 47% $4,567,300 13% $2,635,000 8% $3,560,000 10% $4,826,805 14% fix, 7 6.04 4 e a hJbuvim" iRECORD D FO B flTEMQJc Impact Fees Collection/Projection and Distribution FY 2014-15 • Parks - Coral Gate Park Access Control • Parks - Coral Gate Park Baseball Field • Parks - Bryan Park Community Building • Parks - West End Park New Community Building • Parks - Shenandoah Park Pool Renovation District Total • Parks - Spring Garden Point Park • Parks- Eaton Park Daycare Improvements • Parks - Eaton Park Improvements • Parks - Lemon City Park Daycare Playground • Parks - Little Haiti Soccer Park • Parks- Legion Park Improvements • Parks - Little Haiti Freedom Garden Park • Parks - Little River Pocket Park Playground • Parks - Lummus Park Playground • Parks - Melrose Park Playground • Parks - Bell Meade Park Improvements • Parks - North Bay Vista Park Playground • Parks - Spring Garden Point Park Historic Building • Parks - Shedavia Jenkins Parks Lighting • Parks - Oakland Grove Park Playground Equipment District Total • Parks - Park Expansions and Land Acquisition - Citywide District Total Grand Total $20,000 Districts: $30,000 Districts: $150,000 Districts: $235,000 Districts: $2,200,000 Districts: $2,635,000 $150,000 Districts: $100,000 Districts: $1,500,000 Districts: $75,000 Districts: $170,000 Districts: $250,000 Districts: $50,000 Districts: $50,000 Districts: $125,000 Districts: $125,000 Districts: $50,000 Districts: $75,000 Districts: $650,000 Districts: $175,000 Districts: $15,000 Districts: $3,560,000 4 4 4 4 4 5 5 5 5 5 5 5 5 5 5 5 5 5 5 5 $4,826,805 Districts: 1,2,3,4,5 $4,826,805 $34,889,105 District Distribution of Impact Fees: Past and Proposed 10-1-2011 thru 9-30-2015 Impact Fees Collections Past Forecasted Allocations Past Proposed Total Collections % Total Allocations % 1 $ 2,432,147 $ 220,993 $ 3,005,428 $ 2,800,000 $ 2,653,140 4% $ 5,805,428 9% 2 3 4 5 Total $ 20,737,650 $ 2,818,297 $ 2,772,141 $ 4,478,407 $ 33,238,642 $ 21,360,237 $ 4,567,363 $ 1,477,653 $ 7,262,855 $ 34,889,101 $ 17,164,986 $ 1,530,000 $ 2,635,000 $ 7,015,427 $ 31,350,841 $ 16,500,000 $ 4,567,300 $ 2,635,000 $ 3,560,000 $ 30,062,300 $ 42,097,887 $ 7,385,660 $ 4,249,794 $ 11,741,262 $ 68,127,743 62% 11% 6% 17% $ 33,664,986 $ 6,097,300 $ 5,270,000 $ 10,575,427 $ 61,413,141 55% 10% 9% 17%