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Home My WebLink AboutImpact Fee Presentation Oct 28Impact Fee Presentation Presented By: Jim Keller Meridian Parks and Recreation Commission History of Impact Fees Impact fees were established April 1, 1996. There has not been any changes since the initial establishment of the impact fees. Current/Proposed Fees Proposed Impact Fee Community Parks Neighborhood Parks Proportionate Share City Contribution Admin Fee * * * IMPACT FEE Ledger Bldg history Parks development park costs Cityland reevaluate notes to fee calc table for ordinance powerpoint info CITY OF MERIDIAN BUILDING PERMIT REPORT Ending September 2002 NEW CONSTRUCTION TYPE Residential Multi-Family Commercial Fiscal Year Permits 1989-1990 1990-1991 1991-1992 1992-1993 1993-1994 1994-1995 1995-1996 1996-1997 1997-1998 1998-1999 1999-2000 2000-2001 2001-2002 1989 thru 2002 Thirteen yr history 2002-2003 Developed & PARK NAME ACRES Maintained by Parks Bear Creek Park Bowers Office Chateau Park City Hall Fire Station #1 Fire Station #2 Generations Plaza Golf Course NW 8th Park Parking Lot Broadway Parking Lot Pine Police Station @ Locust Grove Settlers Park Settlers Water Tank Storey Park Tulley Park Pine Street School Pathway - Fothergill Pathway - 5 mile creek Pathway - Blackstone North Curve Main Street Medians Downtown Trees Neighborhood Community Parks Un-Developed as of 9/30/2002 Population Single Family Residential Multi Family Residential per Compass 2002 per 2000 Census Acquisition Cost per Acre Develop Cost per Acre TOTAL Service Cost per Acre to determine the cost of a Neighborhood Park per person: Current Un-Developed parkland Kiwanis Park(Thousand Springs) acres Autumn Faire TOTAL undeveloped Neighborhood Park Acres Parks that are not City owned & operated Fuller Park City Acres TOTAL Acres current developed acres of Neighborhood Parks divided by one for each 1000 current residents equals number of acres per 1000 residents If the City is donated or already owns the Land that will reduce the development cost by 26.32% divided by TOTAL Service Cost equals percentage of Acquisition plus an allocation for the current undeveloped acres TOTAL developed acres of Neighborhood Parks total acres currently undeveloped times the percentage that the TOTAL Service Cost is reduced (26.32%) by not having to purchase the land allocation for current undeveloped acres: equals an allocation to be added to current developed acres see below COMMUNITY PARKS NEIGHBORHOOD PARKS to determine the cost of a Community Park per person: = Neighborhood Park Standard times TOTAL Service Cost to develop an acre divided by 1000 residents equals the cost to develop an acre per person times the # of persons per Single Family dwelling equals the cost to develop an acre per Single Family dwelling = Single Family Dwelling cost for Neighborhood Park cost to develop per person times Multi Family dwelling = Multi Family Dwelling cost for Neighborhood Park equals the cost to develop an acre per Multi Family dwelling = Community Park Standard TOTAL developed acres of Community Parks current developed acres of Community Parks = Single Family dwelling cost for Community Park = Multi Family dwelling cost for Community Park Tully Park develop costs budget in FY03 TOTAL cost per acre Generations Plaza Skate Park @ Tully Impact Fee for Single Family Residence Impact Fee for Multi Family Resident IMPACT FEE each year the following numbers will have to re-evaluated note: a change will also affect the percentage of acquisition non impact fee capital projects City Share percentage Proportionate Share: to credit the impact fee for the share paid by General Fund Taxes Resident average household homeowner exemption taxable average household times levy rate .002963901 FY2002 Parks Total Expenditures Parks Land&Development paid by Tax Funds FY2002 actual from impact ledger TOTAL FEE land cost is 26.32% of TOTAL Service Cost less Proportionate Share less General Fund Share General Fund Revenues plus admin fee this is based on what land we have developed at a cost of today - not the cost we paid to develop these acres 50-75% of the actual cost to develop per acre City of Meridian Park Impact Fees per Ordinance #723 updated as of: EXPENDITURES Receipts Interest Impact Fees Paid by PAID by the CITY DATE DESCRIPTION 10% admin Earnings Balance Development purchase 59.85acres less 2 for Resevoir @ Meridian&Ustick Nov-95 Total FY96 Impact Fees collected FY96 Total FY97 FY97 Total FY98 FY98 Total FY99 Develop Tully Park Develop Generations Plaza I FY99 Total FY00 Purchase Generations Plaza II Chateau Park - Tile ditch CIP - 5mile Pathway CIP - Bear Creek Park CIP - Generation Plaza II CIP - 56 Acre Park FY00 Total FY01 CIP - Skate Park CIP - Chateau Park FY01 Total FY02 Land Purchase Impact Fees collected thru Sep02 FY02 Total Grand Total Budgeted 2001 Spent FY2001 Budgeted FY2002 Spent FY2002 Balance approved to spend available balance Budgeted FY2003 Tax Revenue per audits Develop Chateau Park 5yr tax revenue tax revenue develop costs not paid by impact fees 5 years parks develop % of tax revenue equals FY2002 actual 5yrs develop cost pd by city 5yrs tax revenue First we must establish a Neighborhood & Community Park Standard by dividing the current developed park acres by the number of residents. Then we take the standard or acres per 1000 times the cost to develop an acre of park land. This establishes a cost per person, times the average # of persons per dwelling less the proportionate share to determine the City share of park development costs 1 year history 5 year history numbers in yellow will need to be updated every 2 years HISTORY of City Park Development costs % of cost Cost Maximum Fee Proposed Impact Fee Lochsa Falls Borup McDermott property in comp plan not in comp plan in comp plan at 36 acres current acres Police Station per COMPASS 4/1/2002 per Dave Selvage @ Boise will request the maximun allowable impact fee. Then council needs to determine the percentage of General Fund tax that City will fund. Borup can the acreage include land to be purchased in 2003? Has the parks comp plan been approved? our acreage doesn't match the city comp plan should we charge an admin fee? AVERAGE Kiwansis Park (Thousand Springs) Parkstone Park see the "cityland" tab see "cityland" tab note this is using 5yr history @ 11% Parkstone Inkind donations by developers NA G. Adjusted Development Impact Fee: Homeowners proportionate share = the portion of their tax dollars used to develop City parks City's proportionate share = the tax dollars the City expended to develop parks subject to the impact fees in the last 5 years Neighborhood parks Community parks Impact Fee $/Person Single-Family $/Residence SUBTOTAL Homeowner Proportionate Share City Share of development costs Description Note this share is @ 20% Bill, do we need to explain how we got to the proportionate share in the ordinance? CIP surcharge Impact Fee Committee recommended the "surcharge" be $20.00 per permit which will pay for the Capital Improvement Plan update every 3-5 years. They also recommend the City percentage be 20%. another way we could calculate proportionate share would be to take the total tax dollars budgeted to receive divided by FY2002 L-2 Tax Dollars times % of Gen Fund expended for Land&Development the total population, times the average number in a single household, times the percentage of General Fund tax expended on Land & Development. population average household City Tax per Household City pd for Land & Development = 345.17 x 11% If we calculate the proportionate share this way the fee will reduce by $12.20 5yr history Note this fee is for CIP update costs only Compass adds in new building permits and discounts by the vacancy rate worksheet created by Reta Parks projects based on fixed asset listing Year to Date 06/30/2003 developments subject to impact fees MIP GL ACTUAL Acct# Project FY95 FY03 Five Mile Pathway Tully Park development Park - Storey Improvements 8th St Park Improvements Tennis Courts Skate Park Chamber Restrooms Adventure Island Equipment Park - Bear Creek Park - Settlers Park Kiwanis Park Purchase Park Land donated land TOTALS Use of General Funds Property Tax Revenue % of Parks development pd by Tax 5year average less donated land actual dollars spent by City first slide could be the history of our impact fees and an explanation of the use of impact fees (let me know if you need more history of dollars spent) 2nd slide could be the calculation used for our proposed impact fee then the next slides can explain each section of the calculation TYPE OF RESIDENCE average household assessed value times % of tax revenue City to contribute 20% of park land purchases and development Admin fee of $20.00 per new residence will be used to update the Parks comprehensive plan explain that the fee would be updated every other year by revising the following: population & numbers per residence based on Compass land and development costs current developed and undeveloped land current average assessed value of a Meridian home current tax levy tax dollars expended for Land&Development (average of last 5 years) BUDGETED Use of Impact Fees ACTUAL paid by impact fees slide Less Less General Plus Admin Fee Page of ?9?/?30?/?2002 0.90 ?11?/?1?/?1995 $1,178,469.00 1178469.00 $0.00 9.00 $0.00 9.00 $0.00 9.00 ($1,178,469.00) $1,178,469.00 9.00 $0.00 9.00 $48,066.59 2106.00 45960.59 $21,869.33 $196,824.01 ($959,775.66) $21,869.33 9.00 $196,824.01 9.00 $0.00 9.00 $0.00 9.00 $48,066.59 $66,919.70 $18,318.37 $45,988.33 $413,895.43 ($499,891.90) $45,988.33 9.00 $413,895.43 9.00 $0.00 9.00 $0.00 9.00 $85,238.07 $611,013.45 611013.45 $6,031.73 $53,739.98 $483,660.46 $37,508.54 $53,739.98 9.00 $483,660.46 9.00 $0.00 9.00 $0.00 9.00 $617,045.18 1.00 $37,508.54 $249,851.65 120067.83 129783.82 $18,902.10 $37,508.54 $148,476.90 131135.14 17341.76 $44,822.69 $403,405.03 $485,736.26 $44,822.69 9.00 $403,405.03 9.00 $0.00 9.00 $0.00 9.00 $417,230.65 2.00 $485,736.26 $46,947.57 $485,736.26 $59,988.63 $485,736.26 $129,232.00 $485,736.26 $3,206.95 $485,736.26 $15,582.66 $485,736.26 $13,300.00 $39,153.70 9165.90 9695.66 10702.40 9589.74 $353,972.74 88479.93 81274.43 96321.24 87897.14 $29,402.54 3665.63 14922.21 10814.70 $908,265.24 $39,153.70 9.00 $353,972.74 9.00 $29,402.54 9.00 $0.00 9.00 $268,257.81 3.00 $908,265.24 $22,282.12 $653,702.24 $254,563.00 254563.00 $8,876.46 $653,702.24 $95,120.57 $632,122.88 $21,579.36 21579.36 $42,500.00 $631,822.20 $300.68 300.68 $12,600.00 $624,926.21 $6,895.99 6895.99 $10,020.77 $46,082.07 $414,738.66 460820.73 $58,708.41 $1,144,455.35 $46,082.07 9.00 $414,738.66 9.00 $58,708.41 9.00 $283,339.03 9.00 $191,399.92 4.00 $1,126,509.02 $17,946.33 5480.00 2850.64 6218.75 2778.00 618.94 $24,988.85 24880.85 108.00 $1,126,509.02 $933,581.28 933581.28 $990,714.61 $135,794.41 $70.29 $669,305.11 $321,409.50 $1,523.00 $663,365.11 $5,940.00 $38,156.01 $343,404.05 $40,935.52 $1,085,860.69 $38,156.01 9.00 $343,404.05 9.00 $40,935.52 9.00 $1,085,860.69 $481,090.24 9.00 $960,163.42 5.00 $289,812.11 9.00 $2,609,900.38 9.00 $129,046.47 9.00 $1,085,860.69 $1,942,898.27 $2,587,401.64 2454096.98 $885,736.00 $283,339.03 $400,000.00 $481,090.24 $521,306.73 $564,553.96 1996.00 2150960.00 2146116.00 4844.00 48066.59 1997.00 2838895.00 2830671.00 8224.00 85238.07 1998.00 1.00 3281848.00 3272821.00 9027.00 617045.18 1999.00 2.00 3642678.00 3629953.00 12725.00 417230.65 2000.00 3.00 4239026.00 4223996.00 15030.00 268257.81 2001.00 4.00 4781201.00 4766774.00 14427.00 191399.92 2002.00 5.00 5563270.00 5544929.00 18341.00 960163.42 21508023.00 2454096.98 0.11 Reta Cunningham: take 1/2 the expenditures paid out for each of FY2001 Park projects - to be paid by the Park Impact Fees - the other half to be paid with City Capital Improvement Funds F file,Kathleen,Excel,Payables,Vendors,FY02 Inspectors,Bldg History 214.00 0.00 8.00 371.00 0.00 16.00 628.00 3.00 18.00 1008.00 5.00 14.00 1127.00 7.00 22.00 878.00 23.00 37.00 1109.00 11.00 39.00 868.00 0.00 19.00 1002.00 3.00 32.00 849.00 0.00 34.00 739.00 8.00 54.00 777.00 30.00 36.00 917.00 1.00 38.00 10487.00 91.00 367.00 92402.00 182436.90 110703.23 293140.13 93401.00 195769.12 22282.12 218051.24 93402.00 1032798.71 4444.00 1028354.71 17999.00 18866.88 1069664.59 93405.00 600.00 2787.51 30551.80 7575.76 22976.04 21783.93 8734.97 132160.07 126213.00 4755.00 327586.28 93407.00 14831.70 2264.00 1712.31 18808.01 93404.00 27180.50 27180.50 93409.00 78890.73 340819.35 29525.03 449235.11 93411.00 12900.68 135940.00 32689.59 181530.27 93412.00 74020.00 74020.00 96156.00 0.00 96902.00 561581.59 518646.41 42935.18 27058.87 588640.46 96903.00 13300.00 64079.36 21579.36 42500.00 933806.28 455423.50 1466609.14 0.00 96900.00 1146069.00 46947.57 5940.00 5940.00 270257.32 1469213.89 60000.00 82962.00 69000.00 13962.00 111810.00 15000.00 60000.00 31500.00 5310.00 70308.00 567000.00 892080.00 1146669.00 62787.51 0.00 30551.80 1408941.31 539471.05 322309.42 2745320.22 819709.31 7075759.62 1146069.00 885736.00 400000.00 546000.00 2977805.00 600.00 62787.51 0.00 30551.80 1408941.31 539471.05 -563426.58 2345320.22 273709.31 4097954.62 1146069.00 92190.73 64079.36 730359.22 1111788.00 782264.72 2814963.03 2150960.00 2838895.00 3281848.00 3642678.00 4239026.00 4781201.00 5563270.00 0.03 0.00 9.31E-03 0.39 0.13 -0.12 0.42 0.17 4097954.62 892080.00 3205874.62 0.24 $293,140.13 182436.90 110703.23 $0.00 $293,140.13 $1,221,417.21 18.65 $1,069,664.59 $1,069,664.59 $57,354.67 $148,840.38 $10,000.00 $33,314.59 $192,154.97 $10,303.22 6.70 $419,710.08 340819.35 $38,000.00 $457,710.08 $68,314.94 18.34 $561,581.59 $94,982.00 819000.00 157018.00 567000.00 $146,000.00 $802,563.59 $43,760.28 26.81 $1,011,185.64 $742,114.72 131000.00 611114.72 $1,753,300.36 $65,397.25 70.74 $3,210,982.28 $104,982.00 $959,429.31 $4,568,533.72 $64,582.04 Preferred Customer: cost per acre considering skatepark and tully construction costs combined. Preferred Customer: this number includes carryforward of $611m+ and the additional funds budgeted of $131m Preferred Customer: this is their donated amount less land and impact fees we're refunding 18.34 18.34 18.34 18.34 18.34 0.69 0.50 6.70 6.70 6.70 1.07 0.25 1.94 0.13 0.58 0.13 0.24 0.24 119.18 4.61 4.61 4.61 0.24 0.24 0.24 0.24 10.00 2.00 58.19 59.85 1.66 26.80 31.39 26.80 1.66 1.66 20.08 15.08 5.00 15.08 18.68 18.68 18.68 9.27 9.27 0.13 0.13 1.08 1.08 2.60 2.60 1.30 1.30 0.13 0.13 0.13 0.13 6.00 6.00 6.90 6.90 29.00 29.00 30.10 30.10 1.00 1.00 350.06 101.94 22.17 95.49 11.31 78.90 350.06 101.94 22.17 95.49 11.31 78.90 Preferred Customer: 1/31/2003 per Elroy 34919.00 39744.00 2.93 2.67 $25,000.00 $70,000.00 $95,000.00 $25,000.00 $95,000.00 0.26 9.27 95.49 6.00 6.90 22.17 95.49 $960,163.42 927892.90 32270.52 $2,454,096.98 $5,563,270.00 $21,508,023.00 0.17 0.11 $39.38 5563270.00 $166,458.33 131458.33 35000.00 0.29 1629001.00 ($50,000.00) 0.17 960163.42 $116,458.33 $345.17 2.96E-03 $39.38 $6,132,431.00 $39,744.00 $2.93 $452.09 0.11 $51.58 Preferred Customer: update annually by contacting Compass and requesting their latest numbers Preferred Customer: rec'd average building cost from Building Dept $120.07 $728.55 $848.62 $39.38 $809.23 $161.85 20.00 $647.39 $20.00 $667.39 0.76 $109.42 $663.90 $773.31 $39.38 $733.93 $146.79 20.00 $587.14 $20.00 $607.14 0.76 39744.00 2.93 2.67 $25,000.00 $70,000.00 $95,000.00 11.31 5.83 17.14 39.74 1000.00 $0.43 $95,000.00 1000.00 $40.98 2.93 $120.07 $2.67 $109.42 78.90 25.13 104.02 39.74 1000.00 2.62 $95,000.00 1000.00 $248.65 2.93 $728.55 2.67 $663.90 $25,000.00 $95,000.00 0.26 22.17 95.49 0.26 0.26 5.83 25.13 9.27 30.10 29.00 31.39 5.00 6.00 6.90 22.17 95.49 Preferred Customer: update annually by contacting Compass and requesting their latest numbers $40.98 $120.07 $109.42 $248.65 $728.55 $663.90 $20.00 $20.00 $289.63 $868.62 $793.31 0.11 ($39.38) ($39.38) 0.20 ($161.85) -1.00 ($146.79) -1.00 $667.39 $607.15 1.00 2.00 $848.62 $39.38 $161.85 $20.00 $667.39 $773.31 $39.38 $146.79 $20.00 $607.14 3.00 $120.07 $728.55 $848.62 $109.42 $663.90 $773.32 11.31 5.83 17.14 39.74 $0.43 $95,000.00 1000.00 $40.98 2.93 $120.07 $2.67 $109.42 4.00 $120.07 $728.55 $848.62 $109.42 $663.90 $773.31 78.90 25.13 104.02 $40.00 $2.62 $95,000.00 1000.00 $248.65 2.93 $728.55 2.67 $663.90 5.00 $848.62 $39.38 $161.85 $20.00 $667.39 $773.31 $39.38 $146.79 $20.00 $607.14 $39.38 $166,458.33 ($50,000.00) $116,458.33 $345.17 2.96E-03 0.11 $39.38 6.00 $848.62 $39.38 $161.85 $20.00 $667.39 $773.31 $39.38 $146.79 $20.00 $607.14 7.00 $848.62 $39.38 $161.85 $20.00 $667.39 $773.31 $39.38 $146.79 $20.00 $607.14 8.00 IMPACT FEE Ledger Bldg history Parks development park costs Cityland reevaluate notes to fee calc table for ordinance powerpoint info CITY OF MERIDIAN BUILDING PERMIT REPORT Ending September 2002 NEW CONSTRUCTION TYPE Residential Multi-Family Commercial Fiscal Year Permits 1989-1990 1990-1991 1991-1992 1992-1993 1993-1994 1994-1995 1995-1996 1996-1997 1997-1998 1998-1999 1999-2000 2000-2001 2001-2002 1989 thru 2002 Thirteen yr history 2002-2003 Developed & PARK NAME ACRES Maintained by Parks Bear Creek Park Bowers Office Chateau Park City Hall Fire Station #1 Fire Station #2 Generations Plaza Golf Course NW 8th Park Parking Lot Broadway Parking Lot Pine Police Station @ Locust Grove Settlers Park Settlers Water Tank Storey Park Tulley Park Pine Street School Pathway - Fothergill Pathway - 5 mile creek Pathway - Blackstone North Curve Main Street Medians Downtown Trees Neighborhood Community Parks Un-Developed as of 9/30/2002 Population Single Family Residential Multi Family Residential per Compass 2002 per 2000 Census Acquisition Cost per Acre Develop Cost per Acre TOTAL Service Cost per Acre to determine the cost of a Neighborhood Park per person: Current Un-Developed parkland Kiwanis Park(Thousand Springs) acres Autumn Faire TOTAL undeveloped Neighborhood Park Acres Parks that are not City owned & operated Fuller Park City Acres TOTAL Acres current developed acres of Neighborhood Parks divided by one for each 1000 current residents equals number of acres per 1000 residents If the City is donated or already owns the Land that will reduce the development cost by 26.32% divided by TOTAL Service Cost equals percentage of Acquisition plus an allocation for the current undeveloped acres TOTAL developed acres of Neighborhood Parks total acres currently undeveloped times the percentage that the TOTAL Service Cost is reduced (26.32%) by not having to purchase the land allocation for current undeveloped acres: equals an allocation to be added to current developed acres see below COMMUNITY PARKS NEIGHBORHOOD PARKS to determine the cost of a Community Park per person: = Neighborhood Park Standard times TOTAL Service Cost to develop an acre divided by 1000 residents equals the cost to develop an acre per person times the # of persons per Single Family dwelling equals the cost to develop an acre per Single Family dwelling = Single Family Dwelling cost for Neighborhood Park cost to develop per person times Multi Family dwelling = Multi Family Dwelling cost for Neighborhood Park equals the cost to develop an acre per Multi Family dwelling = Community Park Standard TOTAL developed acres of Community Parks current developed acres of Community Parks = Single Family dwelling cost for Community Park = Multi Family dwelling cost for Community Park Tully Park develop costs budget in FY03 TOTAL cost per acre Generations Plaza Skate Park @ Tully Impact Fee for Single Family Residence Impact Fee for Multi Family Resident IMPACT FEE each year the following numbers will have to re-evaluated note: a change will also affect the percentage of acquisition non impact fee capital projects City Share percentage Proportionate Share: to credit the impact fee for the share paid by General Fund Taxes Resident average household homeowner exemption taxable average household times levy rate .002963901 FY2002 Parks Total Expenditures Parks Land&Development paid by Tax Funds FY2002 actual from impact ledger TOTAL FEE land cost is 26.32% of TOTAL Service Cost less Proportionate Share less General Fund Share General Fund Revenues plus admin fee this is based on what land we have developed at a cost of today - not the cost we paid to develop these acres 50-75% of the actual cost to develop per acre City of Meridian Park Impact Fees per Ordinance #723 updated as of: EXPENDITURES Receipts Interest Impact Fees Paid by PAID by the CITY DATE DESCRIPTION 10% admin Earnings Balance Development purchase 59.85acres less 2 for Resevoir @ Meridian&Ustick Nov-95 Total FY96 Impact Fees collected FY96 Total FY97 FY97 Total FY98 FY98 Total FY99 Develop Tully Park Develop Generations Plaza I FY99 Total FY00 Purchase Generations Plaza II Chateau Park - Tile ditch CIP - 5mile Pathway CIP - Bear Creek Park CIP - Generation Plaza II CIP - 56 Acre Park FY00 Total FY01 CIP - Skate Park CIP - Chateau Park FY01 Total FY02 Land Purchase Impact Fees collected thru Sep02 FY02 Total Grand Total Budgeted 2001 Spent FY2001 Budgeted FY2002 Spent FY2002 Balance approved to spend available balance Budgeted FY2003 Tax Revenue per audits Develop Chateau Park 5yr tax revenue tax revenue develop costs not paid by impact fees 5 years parks develop % of tax revenue equals FY2002 actual 5yrs develop cost pd by city 5yrs tax revenue First we must establish a Neighborhood & Community Park Standard by dividing the current developed park acres by the number of residents. Then we take the standard or acres per 1000 times the cost to develop an acre of park land. This establishes a cost per person, times the average # of persons per dwelling less the proportionate share to determine the City share of park development costs 1 year history 5 year history numbers in yellow will need to be updated every 2 years HISTORY of City Park Development costs % of cost Cost Maximum Fee Proposed Impact Fee Lochsa Falls Borup McDermott property in comp plan not in comp plan in comp plan at 36 acres current acres Police Station per COMPASS 4/1/2002 per Dave Selvage @ Boise will request the maximun allowable impact fee. Then council needs to determine the percentage of General Fund tax that City will fund. Borup can the acreage include land to be purchased in 2003? Has the parks comp plan been approved? our acreage doesn't match the city comp plan should we charge an admin fee? AVERAGE Kiwansis Park (Thousand Springs) Parkstone Park see the "cityland" tab see "cityland" tab note this is using 5yr history @ 11% Parkstone Inkind donations by developers NA G. Adjusted Development Impact Fee: Homeowners proportionate share = the portion of their tax dollars used to develop City parks City's proportionate share = the tax dollars the City expended to develop parks subject to the impact fees in the last 5 years Neighborhood parks Community parks Impact Fee $/Person Single-Family $/Residence SUBTOTAL Homeowner Proportionate Share City Share of development costs Description Note this share is @ 20% Bill, do we need to explain how we got to the proportionate share in the ordinance? CIP surcharge Impact Fee Committee recommended the "surcharge" be $20.00 per permit which will pay for the Capital Improvement Plan update every 3-5 years. They also recommend the City percentage be 20%. another way we could calculate proportionate share would be to take the total tax dollars budgeted to receive divided by FY2002 L-2 Tax Dollars times % of Gen Fund expended for Land&Development the total population, times the average number in a single household, times the percentage of General Fund tax expended on Land & Development. population average household City Tax per Household City pd for Land & Development = 345.17 x 11% If we calculate the proportionate share this way the fee will reduce by $12.20 5yr history Note this fee is for CIP update costs only Compass adds in new building permits and discounts by the vacancy rate worksheet created by Reta Parks projects based on fixed asset listing Year to Date 06/30/2003 developments subject to impact fees MIP GL ACTUAL Acct# Project FY95 FY03 Five Mile Pathway Tully Park development Park - Storey Improvements 8th St Park Improvements Tennis Courts Skate Park Chamber Restrooms Adventure Island Equipment Park - Bear Creek Park - Settlers Park Kiwanis Park Purchase Park Land donated land TOTALS Use of General Funds Property Tax Revenue % of Parks development pd by Tax 5year average less donated land actual dollars spent by City first slide could be the history of our impact fees and an explanation of the use of impact fees (let me know if you need more history of dollars spent) 2nd slide could be the calculation used for our proposed impact fee then the next slides can explain each section of the calculation TYPE OF RESIDENCE average household assessed value times % of tax revenue City to contribute 20% of park land purchases and development Admin fee of $20.00 per new residence will be used to update the Parks comprehensive plan explain that the fee would be updated every other year by revising the following: population & numbers per residence based on Compass land and development costs current developed and undeveloped land current average assessed value of a Meridian home current tax levy BUDGETED Use of Impact Fees ACTUAL paid by impact fees slide Less Less General Plus Admin Fee tax dollars expended for Land & Development (average of last 5 years) Page of ?9?/?30?/?2002 0.90 ?11?/?1?/?1995 $1,178,469.00 1178469.00 $0.00 9.00 $0.00 9.00 $0.00 9.00 ($1,178,469.00) $1,178,469.00 9.00 $0.00 9.00 $48,066.59 2106.00 45960.59 $21,869.33 $196,824.01 ($959,775.66) $21,869.33 9.00 $196,824.01 9.00 $0.00 9.00 $0.00 9.00 $48,066.59 $66,919.70 $18,318.37 $45,988.33 $413,895.43 ($499,891.90) $45,988.33 9.00 $413,895.43 9.00 $0.00 9.00 $0.00 9.00 $85,238.07 $611,013.45 611013.45 $6,031.73 $53,739.98 $483,660.46 $37,508.54 $53,739.98 9.00 $483,660.46 9.00 $0.00 9.00 $0.00 9.00 $617,045.18 1.00 $37,508.54 $249,851.65 120067.83 129783.82 $18,902.10 $37,508.54 $148,476.90 131135.14 17341.76 $44,822.69 $403,405.03 $485,736.26 $44,822.69 9.00 $403,405.03 9.00 $0.00 9.00 $0.00 9.00 $417,230.65 2.00 $485,736.26 $46,947.57 $485,736.26 $59,988.63 $485,736.26 $129,232.00 $485,736.26 $3,206.95 $485,736.26 $15,582.66 $485,736.26 $13,300.00 $39,153.70 9165.90 9695.66 10702.40 9589.74 $353,972.74 88479.93 81274.43 96321.24 87897.14 $29,402.54 3665.63 14922.21 10814.70 $908,265.24 $39,153.70 9.00 $353,972.74 9.00 $29,402.54 9.00 $0.00 9.00 $268,257.81 3.00 $908,265.24 $22,282.12 $653,702.24 $254,563.00 254563.00 $8,876.46 $653,702.24 $95,120.57 $632,122.88 $21,579.36 21579.36 $42,500.00 $631,822.20 $300.68 300.68 $12,600.00 $624,926.21 $6,895.99 6895.99 $10,020.77 $46,082.07 $414,738.66 460820.73 $58,708.41 $1,144,455.35 $46,082.07 9.00 $414,738.66 9.00 $58,708.41 9.00 $283,339.03 9.00 $191,399.92 4.00 $1,126,509.02 $17,946.33 5480.00 2850.64 6218.75 2778.00 618.94 $24,988.85 24880.85 108.00 $1,126,509.02 $933,581.28 933581.28 $990,714.61 $135,794.41 $70.29 $669,305.11 $321,409.50 $1,523.00 $663,365.11 $5,940.00 $38,156.01 $343,404.05 $40,935.52 $1,085,860.69 $38,156.01 9.00 $343,404.05 9.00 $40,935.52 9.00 $1,085,860.69 $481,090.24 9.00 $960,163.42 5.00 $289,812.11 9.00 $2,609,900.38 9.00 $129,046.47 9.00 $1,085,860.69 $1,942,898.27 $2,587,401.64 2454096.98 $885,736.00 $283,339.03 $400,000.00 $481,090.24 $521,306.73 $564,553.96 1996.00 2150960.00 2146116.00 4844.00 48066.59 1997.00 2838895.00 2830671.00 8224.00 85238.07 1998.00 1.00 3281848.00 3272821.00 9027.00 617045.18 1999.00 2.00 3642678.00 3629953.00 12725.00 417230.65 2000.00 3.00 4239026.00 4223996.00 15030.00 268257.81 2001.00 4.00 4781201.00 4766774.00 14427.00 191399.92 2002.00 5.00 5563270.00 5544929.00 18341.00 960163.42 21508023.00 2454096.98 0.11 Reta Cunningham: take 1/2 the expenditures paid out for each of FY2001 Park projects - to be paid by the Park Impact Fees - the other half to be paid with City Capital Improvement Funds F file,Kathleen,Excel,Payables,Vendors,FY02 Inspectors,Bldg History 214.00 0.00 8.00 371.00 0.00 16.00 628.00 3.00 18.00 1008.00 5.00 14.00 1127.00 7.00 22.00 878.00 23.00 37.00 1109.00 11.00 39.00 868.00 0.00 19.00 1002.00 3.00 32.00 849.00 0.00 34.00 739.00 8.00 54.00 777.00 30.00 36.00 917.00 1.00 38.00 10487.00 91.00 367.00 92402.00 182436.90 110703.23 293140.13 93401.00 195769.12 22282.12 218051.24 93402.00 1032798.71 4444.00 1028354.71 17999.00 18866.88 1069664.59 93405.00 600.00 2787.51 30551.80 7575.76 22976.04 21783.93 8734.97 132160.07 126213.00 4755.00 327586.28 93407.00 14831.70 2264.00 1712.31 18808.01 93404.00 27180.50 27180.50 93409.00 78890.73 340819.35 29525.03 449235.11 93411.00 12900.68 135940.00 32689.59 181530.27 93412.00 74020.00 74020.00 96156.00 0.00 96902.00 561581.59 518646.41 42935.18 27058.87 588640.46 96903.00 13300.00 64079.36 21579.36 42500.00 933806.28 455423.50 1466609.14 0.00 96900.00 1146069.00 46947.57 5940.00 5940.00 270257.32 1469213.89 60000.00 82962.00 69000.00 13962.00 111810.00 15000.00 60000.00 31500.00 5310.00 70308.00 567000.00 892080.00 1146669.00 62787.51 0.00 30551.80 1408941.31 539471.05 322309.42 2745320.22 819709.31 7075759.62 1146069.00 885736.00 400000.00 546000.00 2977805.00 600.00 62787.51 0.00 30551.80 1408941.31 539471.05 -563426.58 2345320.22 273709.31 4097954.62 1146069.00 92190.73 64079.36 730359.22 1111788.00 782264.72 2814963.03 2150960.00 2838895.00 3281848.00 3642678.00 4239026.00 4781201.00 5563270.00 0.03 0.00 9.31E-03 0.39 0.13 -0.12 0.42 0.17 4097954.62 892080.00 3205874.62 0.24 $293,140.13 182436.90 110703.23 $0.00 $293,140.13 $1,221,417.21 18.65 $1,069,664.59 $1,069,664.59 $57,354.67 $148,840.38 $10,000.00 $33,314.59 $192,154.97 $10,303.22 6.70 $419,710.08 340819.35 $38,000.00 $457,710.08 $68,314.94 18.34 $561,581.59 $94,982.00 819000.00 157018.00 567000.00 $146,000.00 $802,563.59 $43,760.28 26.81 $1,011,185.64 $742,114.72 131000.00 611114.72 $1,753,300.36 $65,397.25 70.74 $3,210,982.28 $104,982.00 $959,429.31 $4,568,533.72 $64,582.04 Preferred Customer: cost per acre considering skatepark and tully construction costs combined. Preferred Customer: this number includes carryforward of $611m+ and the additional funds budgeted of $131m Preferred Customer: this is their donated amount less land and impact fees we're refunding 18.34 18.34 18.34 18.34 18.34 0.69 0.50 6.70 6.70 6.70 1.07 0.25 1.94 0.13 0.58 0.13 0.24 0.24 119.18 4.61 4.61 4.61 0.24 0.24 0.24 0.24 10.00 2.00 58.19 59.85 1.66 26.80 31.39 26.80 1.66 1.66 20.08 15.08 5.00 15.08 18.68 18.68 18.68 9.27 9.27 0.13 0.13 1.08 1.08 2.60 2.60 1.30 1.30 0.13 0.13 0.13 0.13 6.00 6.00 6.90 6.90 29.00 29.00 30.10 30.10 1.00 1.00 350.06 101.94 22.17 95.49 11.31 78.90 350.06 101.94 22.17 95.49 11.31 78.90 Preferred Customer: 1/31/2003 per Elroy 34919.00 39744.00 2.93 2.67 $25,000.00 $70,000.00 $95,000.00 $25,000.00 $95,000.00 0.26 9.27 95.49 6.00 6.90 22.17 95.49 $960,163.42 927892.90 32270.52 $2,454,096.98 $5,563,270.00 $21,508,023.00 0.17 0.11 $39.38 5563270.00 $166,458.33 131458.33 35000.00 0.29 1629001.00 ($50,000.00) 0.17 960163.42 $116,458.33 $345.17 2.96E-03 $39.38 $6,132,431.00 $39,744.00 $2.93 $452.09 0.11 $51.58 Preferred Customer: update annually by contacting Compass and requesting their latest numbers Preferred Customer: rec'd average building cost from Building Dept $120.07 $728.55 $848.62 $39.38 $809.23 $161.85 20.00 $647.39 $20.00 $667.39 0.76 $109.42 $663.90 $773.31 $39.38 $733.93 $146.79 20.00 $587.14 $20.00 $607.14 0.76 39744.00 2.93 2.67 $25,000.00 $70,000.00 $95,000.00 11.31 5.83 17.14 39.74 1000.00 $0.43 $95,000.00 1000.00 $40.98 2.93 $120.07 $2.67 $109.42 78.90 25.13 104.02 39.74 1000.00 2.62 $95,000.00 1000.00 $248.65 2.93 $728.55 2.67 $663.90 $25,000.00 $95,000.00 0.26 22.17 95.49 0.26 0.26 5.83 25.13 9.27 30.10 29.00 31.39 5.00 6.00 6.90 22.17 95.49 Preferred Customer: update annually by contacting Compass and requesting their latest numbers $40.98 $120.07 $109.42 $248.65 $728.55 $663.90 $20.00 $20.00 $289.63 $868.62 $793.31 0.11 ($39.38) ($39.38) 0.20 ($161.85) -1.00 ($146.79) -1.00 $667.39 $607.15 1.00 2.00 $848.62 $39.38 $161.85 $20.00 $667.39 $773.31 $39.38 $146.79 $20.00 $607.14 3.00 $120.07 $728.55 $848.62 $109.42 $663.90 $773.32 11.31 5.83 17.14 39.74 $0.43 $95,000.00 1000.00 $40.98 2.93 $120.07 $2.67 $109.42 4.00 $120.07 $728.55 $848.62 $109.42 $663.90 $773.31 78.90 25.13 104.02 $40.00 $2.62 $95,000.00 1000.00 $248.65 2.93 $728.55 2.67 $663.90 5.00 $848.62 $39.38 $161.85 $20.00 $667.39 $773.31 $39.38 $146.79 $20.00 $607.14 $39.38 $166,458.33 ($50,000.00) $116,458.33 $345.17 2.96E-03 0.11 $39.38 6.00 $848.62 $39.38 $161.85 $20.00 $667.39 $773.31 $39.38 $146.79 $20.00 $607.14 7.00 $848.62 $39.38 $161.85 $20.00 $667.39 $773.31 $39.38 $146.79 $20.00 $607.14 8.00 IMPACT FEE Ledger Bldg history Parks development park costs Cityland reevaluate notes to fee calc table for ordinance powerpoint info CITY OF MERIDIAN BUILDING PERMIT REPORT Ending September 2002 NEW CONSTRUCTION TYPE Residential Multi-Family Commercial Fiscal Year Permits 1989-1990 1990-1991 1991-1992 1992-1993 1993-1994 1994-1995 1995-1996 1996-1997 1997-1998 1998-1999 1999-2000 2000-2001 2001-2002 1989 thru 2002 Thirteen yr history 2002-2003 Developed & PARK NAME ACRES Maintained by Parks Bear Creek Park Bowers Office Chateau Park City Hall Fire Station #1 Fire Station #2 Generations Plaza Golf Course NW 8th Park Parking Lot Broadway Parking Lot Pine Police Station @ Locust Grove Settlers Park Settlers Water Tank Storey Park Tulley Park Pine Street School Pathway - Fothergill Pathway - 5 mile creek Pathway - Blackstone North Curve Main Street Medians Downtown Trees Neighborhood Community Parks Un-Developed as of 9/30/2002 Population Single Family Residential Multi Family Residential per Compass 2002 per 2000 Census Acquisition Cost per Acre Develop Cost per Acre TOTAL Service Cost per Acre to determine the cost of a Neighborhood Park per person: Current Un-Developed parkland Kiwanis Park(Thousand Springs) acres Autumn Faire TOTAL undeveloped Neighborhood Park Acres Parks that are not City owned & operated Fuller Park City Acres TOTAL Acres current developed acres of Neighborhood Parks divided by one for each 1000 current residents equals number of acres per 1000 residents If the City is donated or already owns the Land that will reduce the development cost by 26.32% divided by TOTAL Service Cost equals percentage of Acquisition plus an allocation for the current undeveloped acres TOTAL developed acres of Neighborhood Parks total acres currently undeveloped times the percentage that the TOTAL Service Cost is reduced (26.32%) by not having to purchase the land allocation for current undeveloped acres: equals an allocation to be added to current developed acres see below COMMUNITY PARKS NEIGHBORHOOD PARKS to determine the cost of a Community Park per person: = Neighborhood Park Standard times TOTAL Service Cost to develop an acre divided by 1000 residents equals the cost to develop an acre per person times the # of persons per Single Family dwelling equals the cost to develop an acre per Single Family dwelling = Single Family Dwelling cost for Neighborhood Park cost to develop per person times Multi Family dwelling = Multi Family Dwelling cost for Neighborhood Park equals the cost to develop an acre per Multi Family dwelling = Community Park Standard TOTAL developed acres of Community Parks current developed acres of Community Parks = Single Family dwelling cost for Community Park = Multi Family dwelling cost for Community Park Tully Park develop costs budget in FY03 TOTAL cost per acre Generations Plaza Skate Park @ Tully Impact Fee for Single Family Residence Impact Fee for Multi Family Resident IMPACT FEE each year the following numbers will have to re-evaluated note: a change will also affect the percentage of acquisition non impact fee capital projects City Share percentage Proportionate Share: to credit the impact fee for the share paid by General Fund Taxes Resident average household homeowner exemption taxable average household times levy rate .002963901 FY2002 Parks Total Expenditures Parks Land&Development paid by Tax Funds FY2002 actual from impact ledger TOTAL FEE land cost is 26.32% of TOTAL Service Cost less Proportionate Share less General Fund Share General Fund Revenues plus admin fee this is based on what land we have developed at a cost of today - not the cost we paid to develop these acres 50-75% of the actual cost to develop per acre City of Meridian Park Impact Fees per Ordinance #723 updated as of: EXPENDITURES Receipts Interest Impact Fees Paid by PAID by the CITY DATE DESCRIPTION 10% admin Earnings Balance Development purchase 59.85acres less 2 for Resevoir @ Meridian&Ustick Nov-95 Total FY96 Impact Fees collected FY96 Total FY97 FY97 Total FY98 FY98 Total FY99 Develop Tully Park Develop Generations Plaza I FY99 Total FY00 Purchase Generations Plaza II Chateau Park - Tile ditch CIP - 5mile Pathway CIP - Bear Creek Park CIP - Generation Plaza II CIP - 56 Acre Park FY00 Total FY01 CIP - Skate Park CIP - Chateau Park FY01 Total FY02 Land Purchase Impact Fees collected thru Sep02 FY02 Total Grand Total Budgeted 2001 Spent FY2001 Budgeted FY2002 Spent FY2002 Balance approved to spend available balance Budgeted FY2003 Tax Revenue per audits Develop Chateau Park 5yr tax revenue tax revenue develop costs not paid by impact fees 5 years parks develop % of tax revenue equals FY2002 actual 5yrs develop cost pd by city 5yrs tax revenue First we must establish a Neighborhood & Community Park Standard by dividing the current developed park acres by the number of residents. Then we take the standard or acres per 1000 times the cost to develop an acre of park land. This establishes a cost per person, times the average # of persons per dwelling less the proportionate share to determine the City share of park development costs 1 year history 5 year history numbers in yellow will need to be updated every 2 years HISTORY of City Park Development costs % of cost Cost Maximum Fee Proposed Impact Fee Lochsa Falls Borup McDermott property in comp plan not in comp plan in comp plan at 36 acres current acres Police Station per COMPASS 4/1/2002 per Dave Selvage @ Boise will request the maximun allowable impact fee. Then council needs to determine the percentage of General Fund tax that City will fund. Borup can the acreage include land to be purchased in 2003? Has the parks comp plan been approved? our acreage doesn't match the city comp plan should we charge an admin fee? AVERAGE Kiwansis Park (Thousand Springs) Parkstone Park see the "cityland" tab see "cityland" tab note this is using 5yr history @ 11% Parkstone Inkind donations by developers NA G. Adjusted Development Impact Fee: Homeowners proportionate share = the portion of their tax dollars used to develop City parks City's proportionate share = the tax dollars the City expended to develop parks subject to the impact fees in the last 5 years Neighborhood parks Community parks Impact Fee $/Person Single-Family $/Residence SUBTOTAL Homeowner Proportionate Share City Share of development costs Description Note this share is @ 20% Bill, do we need to explain how we got to the proportionate share in the ordinance? CIP surcharge Impact Fee Committee recommended the "surcharge" be $20.00 per permit which will pay for the Capital Improvement Plan update every 3-5 years. They also recommend the City percentage be 20%. another way we could calculate proportionate share would be to take the total tax dollars budgeted to receive divided by FY2002 L-2 Tax Dollars times % of Gen Fund expended for Land&Development the total population, times the average number in a single household, times the percentage of General Fund tax expended on Land & Development. population average household City Tax per Household City pd for Land & Development = 345.17 x 11% If we calculate the proportionate share this way the fee will reduce by $12.20 5yr history Note this fee is for CIP update costs only Compass adds in new building permits and discounts by the vacancy rate worksheet created by Reta Parks projects based on fixed asset listing Year to Date 06/30/2003 developments subject to impact fees MIP GL ACTUAL Acct# Project FY95 FY03 Five Mile Pathway Tully Park development Park - Storey Improvements 8th St Park Improvements Tennis Courts Skate Park Chamber Restrooms Adventure Island Equipment Park - Bear Creek Park - Settlers Park Kiwanis Park Purchase Park Land donated land TOTALS Use of General Funds Property Tax Revenue % of Parks development pd by Tax 5year average less donated land actual dollars spent by City first slide could be the history of our impact fees and an explanation of the use of impact fees (let me know if you need more history of dollars spent) 2nd slide could be the calculation used for our proposed impact fee then the next slides can explain each section of the calculation TYPE OF RESIDENCE average household assessed value times % of tax revenue City to contribute 20% of park land purchases and development Admin fee of $20.00 per new residence will be used to update the Parks comprehensive plan explain that the fee would be updated every other year by revising the following: population & numbers per residence based on Compass land and development costs current developed and undeveloped land current average assessed value of a Meridian home current tax levy tax dollars expended for Land&Development (average of last 5 years) BUDGETED Use of Impact Fees ACTUAL paid by impact fees slide Less Less General Plus Admin Fee Page of ?9?/?30?/?2002 0.90 ?11?/?1?/?1995 $1,178,469.00 1178469.00 $0.00 9.00 $0.00 9.00 $0.00 9.00 ($1,178,469.00) $1,178,469.00 9.00 $0.00 9.00 $48,066.59 2106.00 45960.59 $21,869.33 $196,824.01 ($959,775.66) $21,869.33 9.00 $196,824.01 9.00 $0.00 9.00 $0.00 9.00 $48,066.59 $66,919.70 $18,318.37 $45,988.33 $413,895.43 ($499,891.90) $45,988.33 9.00 $413,895.43 9.00 $0.00 9.00 $0.00 9.00 $85,238.07 $611,013.45 611013.45 $6,031.73 $53,739.98 $483,660.46 $37,508.54 $53,739.98 9.00 $483,660.46 9.00 $0.00 9.00 $0.00 9.00 $617,045.18 1.00 $37,508.54 $249,851.65 120067.83 129783.82 $18,902.10 $37,508.54 $148,476.90 131135.14 17341.76 $44,822.69 $403,405.03 $485,736.26 $44,822.69 9.00 $403,405.03 9.00 $0.00 9.00 $0.00 9.00 $417,230.65 2.00 $485,736.26 $46,947.57 $485,736.26 $59,988.63 $485,736.26 $129,232.00 $485,736.26 $3,206.95 $485,736.26 $15,582.66 $485,736.26 $13,300.00 $39,153.70 9165.90 9695.66 10702.40 9589.74 $353,972.74 88479.93 81274.43 96321.24 87897.14 $29,402.54 3665.63 14922.21 10814.70 $908,265.24 $39,153.70 9.00 $353,972.74 9.00 $29,402.54 9.00 $0.00 9.00 $268,257.81 3.00 $908,265.24 $22,282.12 $653,702.24 $254,563.00 254563.00 $8,876.46 $653,702.24 $95,120.57 $632,122.88 $21,579.36 21579.36 $42,500.00 $631,822.20 $300.68 300.68 $12,600.00 $624,926.21 $6,895.99 6895.99 $10,020.77 $46,082.07 $414,738.66 460820.73 $58,708.41 $1,144,455.35 $46,082.07 9.00 $414,738.66 9.00 $58,708.41 9.00 $283,339.03 9.00 $191,399.92 4.00 $1,126,509.02 $17,946.33 5480.00 2850.64 6218.75 2778.00 618.94 $24,988.85 24880.85 108.00 $1,126,509.02 $933,581.28 933581.28 $990,714.61 $135,794.41 $70.29 $669,305.11 $321,409.50 $1,523.00 $663,365.11 $5,940.00 $38,156.01 $343,404.05 $40,935.52 $1,085,860.69 $38,156.01 9.00 $343,404.05 9.00 $40,935.52 9.00 $1,085,860.69 $481,090.24 9.00 $960,163.42 5.00 $289,812.11 9.00 $2,609,900.38 9.00 $129,046.47 9.00 $1,085,860.69 $1,942,898.27 $2,587,401.64 2454096.98 $885,736.00 $283,339.03 $400,000.00 $481,090.24 $521,306.73 $564,553.96 1996.00 2150960.00 2146116.00 4844.00 48066.59 1997.00 2838895.00 2830671.00 8224.00 85238.07 1998.00 1.00 3281848.00 3272821.00 9027.00 617045.18 1999.00 2.00 3642678.00 3629953.00 12725.00 417230.65 2000.00 3.00 4239026.00 4223996.00 15030.00 268257.81 2001.00 4.00 4781201.00 4766774.00 14427.00 191399.92 2002.00 5.00 5563270.00 5544929.00 18341.00 960163.42 21508023.00 2454096.98 0.11 Reta Cunningham: take 1/2 the expenditures paid out for each of FY2001 Park projects - to be paid by the Park Impact Fees - the other half to be paid with City Capital Improvement Funds F file,Kathleen,Excel,Payables,Vendors,FY02 Inspectors,Bldg History 214.00 0.00 8.00 371.00 0.00 16.00 628.00 3.00 18.00 1008.00 5.00 14.00 1127.00 7.00 22.00 878.00 23.00 37.00 1109.00 11.00 39.00 868.00 0.00 19.00 1002.00 3.00 32.00 849.00 0.00 34.00 739.00 8.00 54.00 777.00 30.00 36.00 917.00 1.00 38.00 10487.00 91.00 367.00 92402.00 182436.90 110703.23 293140.13 93401.00 195769.12 22282.12 218051.24 93402.00 1032798.71 4444.00 1028354.71 17999.00 18866.88 1069664.59 93405.00 600.00 2787.51 30551.80 7575.76 22976.04 21783.93 8734.97 132160.07 126213.00 4755.00 327586.28 93407.00 14831.70 2264.00 1712.31 18808.01 93404.00 27180.50 27180.50 93409.00 78890.73 340819.35 29525.03 449235.11 93411.00 12900.68 135940.00 32689.59 181530.27 93412.00 74020.00 74020.00 96156.00 0.00 96902.00 561581.59 518646.41 42935.18 27058.87 588640.46 96903.00 13300.00 64079.36 21579.36 42500.00 933806.28 455423.50 1466609.14 0.00 96900.00 1146069.00 46947.57 5940.00 5940.00 270257.32 1469213.89 60000.00 82962.00 69000.00 13962.00 111810.00 15000.00 60000.00 31500.00 5310.00 70308.00 567000.00 892080.00 1146669.00 62787.51 0.00 30551.80 1408941.31 539471.05 322309.42 2745320.22 819709.31 7075759.62 1146069.00 885736.00 400000.00 546000.00 2977805.00 600.00 62787.51 0.00 30551.80 1408941.31 539471.05 -563426.58 2345320.22 273709.31 4097954.62 1146069.00 92190.73 64079.36 730359.22 1111788.00 782264.72 2814963.03 2150960.00 2838895.00 3281848.00 3642678.00 4239026.00 4781201.00 5563270.00 0.03 0.00 9.31E-03 0.39 0.13 -0.12 0.42 0.17 4097954.62 892080.00 3205874.62 0.24 $293,140.13 182436.90 110703.23 $0.00 $293,140.13 $1,221,417.21 18.65 $1,069,664.59 $1,069,664.59 $57,354.67 $148,840.38 $10,000.00 $33,314.59 $192,154.97 $10,303.22 6.70 $419,710.08 340819.35 $38,000.00 $457,710.08 $68,314.94 18.34 $561,581.59 $94,982.00 819000.00 157018.00 567000.00 $146,000.00 $802,563.59 $43,760.28 26.81 $1,011,185.64 $742,114.72 131000.00 611114.72 $1,753,300.36 $65,397.25 70.74 $3,210,982.28 $104,982.00 $959,429.31 $4,568,533.72 $64,582.04 Preferred Customer: cost per acre considering skatepark and tully construction costs combined. Preferred Customer: this number includes carryforward of $611m+ and the additional funds budgeted of $131m Preferred Customer: this is their donated amount less land and impact fees we're refunding 18.34 18.34 18.34 18.34 18.34 0.69 0.50 6.70 6.70 6.70 1.07 0.25 1.94 0.13 0.58 0.13 0.24 0.24 119.18 4.61 4.61 4.61 0.24 0.24 0.24 0.24 10.00 2.00 58.19 59.85 1.66 26.80 31.39 26.80 1.66 1.66 20.08 15.08 5.00 15.08 18.68 18.68 18.68 9.27 9.27 0.13 0.13 1.08 1.08 2.60 2.60 1.30 1.30 0.13 0.13 0.13 0.13 6.00 6.00 6.90 6.90 29.00 29.00 30.10 30.10 1.00 1.00 350.06 101.94 22.17 95.49 11.31 78.90 350.06 101.94 22.17 95.49 11.31 78.90 Preferred Customer: 1/31/2003 per Elroy 34919.00 39744.00 2.93 2.67 $25,000.00 $70,000.00 $95,000.00 $25,000.00 $95,000.00 0.26 9.27 95.49 6.00 6.90 22.17 95.49 $960,163.42 927892.90 32270.52 $2,454,096.98 $5,563,270.00 $21,508,023.00 0.17 0.11 $39.38 5563270.00 $166,458.33 131458.33 35000.00 0.29 1629001.00 ($50,000.00) 0.17 960163.42 $116,458.33 $345.17 2.96E-03 $39.38 $6,132,431.00 $39,744.00 $2.93 $452.09 0.11 $51.58 Preferred Customer: update annually by contacting Compass and requesting their latest numbers Preferred Customer: rec'd average building cost from Building Dept $120.07 $728.55 $848.62 $39.38 $809.23 $161.85 20.00 $647.39 $20.00 $667.39 0.76 $109.42 $663.90 $773.31 $39.38 $733.93 $146.79 20.00 $587.14 $20.00 $607.14 0.76 39744.00 2.93 2.67 $25,000.00 $70,000.00 $95,000.00 11.31 5.83 17.14 39.74 1000.00 $0.43 $95,000.00 1000.00 $40.98 2.93 $120.07 $2.67 $109.42 78.90 25.13 104.02 39.74 1000.00 2.62 $95,000.00 1000.00 $248.65 2.93 $728.55 2.67 $663.90 $25,000.00 $95,000.00 0.26 22.17 95.49 0.26 0.26 5.83 25.13 9.27 30.10 29.00 31.39 5.00 6.00 6.90 22.17 95.49 Preferred Customer: update annually by contacting Compass and requesting their latest numbers $40.98 $120.07 $109.42 $248.65 $728.55 $663.90 $20.00 $20.00 $289.63 $868.62 $793.31 0.11 ($39.38) ($39.38) 0.20 ($161.85) -1.00 ($146.79) -1.00 $667.39 $607.15 1.00 2.00 $848.62 $39.38 $161.85 $20.00 $667.39 $773.31 $39.38 $146.79 $20.00 $607.14 3.00 $120.07 $728.55 $848.62 $109.42 $663.90 $773.32 11.31 5.83 17.14 39.74 $0.43 $95,000.00 1000.00 $40.98 2.93 $120.07 $2.67 $109.42 4.00 $120.07 $728.55 $848.62 $109.42 $663.90 $773.31 78.90 25.13 104.02 $40.00 $2.62 $95,000.00 1000.00 $248.65 2.93 $728.55 2.67 $663.90 5.00 $848.62 $39.38 $161.85 $20.00 $667.39 $773.31 $39.38 $146.79 $20.00 $607.14 $39.38 $166,458.33 ($50,000.00) $116,458.33 $345.17 2.96E-03 0.11 $39.38 6.00 $848.62 $39.38 $161.85 $20.00 $667.39 $773.31 $39.38 $146.79 $20.00 $607.14 7.00 $848.62 $39.38 $161.85 $20.00 $667.39 $773.31 $39.38 $146.79 $20.00 $607.14 8.00 IMPACT FEE Ledger Bldg history Parks development park costs Cityland reevaluate notes to fee calc table for ordinance powerpoint info CITY OF MERIDIAN BUILDING PERMIT REPORT Ending September 2002 NEW CONSTRUCTION TYPE Residential Multi-Family Commercial Fiscal Year Permits 1989-1990 1990-1991 1991-1992 1992-1993 1993-1994 1994-1995 1995-1996 1996-1997 1997-1998 1998-1999 1999-2000 2000-2001 2001-2002 1989 thru 2002 Thirteen yr history 2002-2003 Developed & PARK NAME ACRES Maintained by Parks Bear Creek Park Bowers Office Chateau Park City Hall Fire Station #1 Fire Station #2 Generations Plaza Golf Course NW 8th Park Parking Lot Broadway Parking Lot Pine Police Station @ Locust Grove Settlers Park Settlers Water Tank Storey Park Tulley Park Pine Street School Pathway - Fothergill Pathway - 5 mile creek Pathway - Blackstone North Curve Main Street Medians Downtown Trees Neighborhood Community Parks Un-Developed as of 9/30/2002 Population Single Family Residential Multi Family Residential per Compass 2002 per 2000 Census Acquisition Cost per Acre Develop Cost per Acre TOTAL Service Cost per Acre to determine the cost of a Neighborhood Park per person: Current Un-Developed parkland Kiwanis Park(Thousand Springs) acres Autumn Faire TOTAL undeveloped Neighborhood Park Acres Parks that are not City owned & operated Fuller Park City Acres TOTAL Acres current developed acres of Neighborhood Parks divided by one for each 1000 current residents equals number of acres per 1000 residents If the City is donated or already owns the Land that will reduce the development cost by 26.32% divided by TOTAL Service Cost equals percentage of Acquisition plus an allocation for the current undeveloped acres TOTAL developed acres of Neighborhood Parks total acres currently undeveloped times the percentage that the TOTAL Service Cost is reduced (26.32%) by not having to purchase the land allocation for current undeveloped acres: equals an allocation to be added to current developed acres see below COMMUNITY PARKS NEIGHBORHOOD PARKS to determine the cost of a Community Park per person: = Neighborhood Park Standard times TOTAL Service Cost to develop an acre divided by 1000 residents equals the cost to develop an acre per person times the # of persons per Single Family dwelling equals the cost to develop an acre per Single Family dwelling = Single Family Dwelling cost for Neighborhood Park cost to develop per person times Multi Family dwelling = Multi Family Dwelling cost for Neighborhood Park equals the cost to develop an acre per Multi Family dwelling = Community Park Standard TOTAL developed acres of Community Parks current developed acres of Community Parks = Single Family dwelling cost for Community Park = Multi Family dwelling cost for Community Park Tully Park develop costs budget in FY03 TOTAL cost per acre Generations Plaza Skate Park @ Tully Impact Fee for Single Family Residence Impact Fee for Multi Family Resident IMPACT FEE each year the following numbers will have to re-evaluated note: a change will also affect the percentage of acquisition non impact fee capital projects City Share percentage Proportionate Share: to credit the impact fee for the share paid by General Fund Taxes Resident average household homeowner exemption taxable average household times levy rate .002963901 FY2002 Parks Total Expenditures Parks Land&Development paid by Tax Funds FY2002 actual from impact ledger TOTAL FEE land cost is 26.32% of TOTAL Service Cost less Proportionate Share less General Fund Share General Fund Revenues plus admin fee this is based on what land we have developed at a cost of today - not the cost we paid to develop these acres 50-75% of the actual cost to develop per acre City of Meridian Park Impact Fees per Ordinance #723 updated as of: EXPENDITURES Receipts Interest Impact Fees Paid by PAID by the CITY DATE DESCRIPTION 10% admin Earnings Balance Development purchase 59.85acres less 2 for Resevoir @ Meridian&Ustick Nov-95 Total FY96 Impact Fees collected FY96 Total FY97 FY97 Total FY98 FY98 Total FY99 Develop Tully Park Develop Generations Plaza I FY99 Total FY00 Purchase Generations Plaza II Chateau Park - Tile ditch CIP - 5mile Pathway CIP - Bear Creek Park CIP - Generation Plaza II CIP - 56 Acre Park FY00 Total FY01 CIP - Skate Park CIP - Chateau Park FY01 Total FY02 Land Purchase Impact Fees collected thru Sep02 FY02 Total Grand Total Budgeted 2001 Spent FY2001 Budgeted FY2002 Spent FY2002 Balance approved to spend available balance Budgeted FY2003 Tax Revenue per audits Develop Chateau Park 5yr tax revenue tax revenue develop costs not paid by impact fees 5 years parks develop % of tax revenue equals FY2002 actual 5yrs develop cost pd by city 5yrs tax revenue First we must establish a Neighborhood & Community Park Standard by dividing the current developed park acres by the number of residents. Then we take the standard or acres per 1000 times the cost to develop an acre of park land. This establishes a cost per person, times the average # of persons per dwelling less the proportionate share to determine the City share of park development costs 1 year history 5 year history numbers in yellow will need to be updated every 2 years HISTORY of City Park Development costs % of cost Cost Maximum Fee Proposed Impact Fee Lochsa Falls Borup McDermott property in comp plan not in comp plan in comp plan at 36 acres current acres Police Station per COMPASS 4/1/2002 per Dave Selvage @ Boise will request the maximun allowable impact fee. Then council needs to determine the percentage of General Fund tax that City will fund. Borup can the acreage include land to be purchased in 2003? Has the parks comp plan been approved? our acreage doesn't match the city comp plan should we charge an admin fee? AVERAGE Kiwansis Park (Thousand Springs) Parkstone Park see the "cityland" tab see "cityland" tab note this is using 5yr history @ 11% Parkstone Inkind donations by developers NA G. Adjusted Development Impact Fee: Homeowners proportionate share = the portion of their tax dollars used to develop City parks City's proportionate share = the tax dollars the City expended to develop parks subject to the impact fees in the last 5 years Neighborhood parks Community parks Impact Fee $/Person Single-Family $/Residence SUBTOTAL Homeowner Proportionate Share City Share of development costs Description Note this share is @ 20% Bill, do we need to explain how we got to the proportionate share in the ordinance? CIP surcharge Impact Fee Committee recommended the "surcharge" be $20.00 per permit which will pay for the Capital Improvement Plan update every 3-5 years. They also recommend the City percentage be 20%. another way we could calculate proportionate share would be to take the total tax dollars budgeted to receive divided by FY2002 L-2 Tax Dollars times % of Gen Fund expended for Land&Development the total population, times the average number in a single household, times the percentage of General Fund tax expended on Land & Development. population average household City Tax per Household City pd for Land & Development = 345.17 x 11% If we calculate the proportionate share this way the fee will reduce by $12.20 5yr history Note this fee is for CIP update costs only Compass adds in new building permits and discounts by the vacancy rate worksheet created by Reta Parks projects based on fixed asset listing Year to Date 06/30/2003 developments subject to impact fees MIP GL ACTUAL Acct# Project FY95 FY03 Five Mile Pathway Tully Park development Park - Storey Improvements 8th St Park Improvements Tennis Courts Skate Park Chamber Restrooms Adventure Island Equipment Park - Bear Creek Park - Settlers Park Kiwanis Park Purchase Park Land donated land TOTALS Use of General Funds Property Tax Revenue % of Parks development pd by Tax 5year average less donated land actual dollars spent by City first slide could be the history of our impact fees and an explanation of the use of impact fees (let me know if you need more history of dollars spent) 2nd slide could be the calculation used for our proposed impact fee then the next slides can explain each section of the calculation TYPE OF RESIDENCE average household assessed value times % of tax revenue City to contribute 20% of park land purchases and development explain that the fee would be updated every other year by revising the following: population & numbers per residence based on Compass land and development costs current developed and undeveloped land current average assessed value of a Meridian home current tax levy tax dollars expended for Land&Development (average of last 5 years) BUDGETED Use of Impact Fees ACTUAL paid by impact fees slide Less Less General Plus Admin Fee Admin fee of $20.00 per new residence will be used to update the Parks comprehensive plan Page of ?9?/?30?/?2002 0.90 ?11?/?1?/?1995 $1,178,469.00 1178469.00 $0.00 9.00 $0.00 9.00 $0.00 9.00 ($1,178,469.00) $1,178,469.00 9.00 $0.00 9.00 $48,066.59 2106.00 45960.59 $21,869.33 $196,824.01 ($959,775.66) $21,869.33 9.00 $196,824.01 9.00 $0.00 9.00 $0.00 9.00 $48,066.59 $66,919.70 $18,318.37 $45,988.33 $413,895.43 ($499,891.90) $45,988.33 9.00 $413,895.43 9.00 $0.00 9.00 $0.00 9.00 $85,238.07 $611,013.45 611013.45 $6,031.73 $53,739.98 $483,660.46 $37,508.54 $53,739.98 9.00 $483,660.46 9.00 $0.00 9.00 $0.00 9.00 $617,045.18 1.00 $37,508.54 $249,851.65 120067.83 129783.82 $18,902.10 $37,508.54 $148,476.90 131135.14 17341.76 $44,822.69 $403,405.03 $485,736.26 $44,822.69 9.00 $403,405.03 9.00 $0.00 9.00 $0.00 9.00 $417,230.65 2.00 $485,736.26 $46,947.57 $485,736.26 $59,988.63 $485,736.26 $129,232.00 $485,736.26 $3,206.95 $485,736.26 $15,582.66 $485,736.26 $13,300.00 $39,153.70 9165.90 9695.66 10702.40 9589.74 $353,972.74 88479.93 81274.43 96321.24 87897.14 $29,402.54 3665.63 14922.21 10814.70 $908,265.24 $39,153.70 9.00 $353,972.74 9.00 $29,402.54 9.00 $0.00 9.00 $268,257.81 3.00 $908,265.24 $22,282.12 $653,702.24 $254,563.00 254563.00 $8,876.46 $653,702.24 $95,120.57 $632,122.88 $21,579.36 21579.36 $42,500.00 $631,822.20 $300.68 300.68 $12,600.00 $624,926.21 $6,895.99 6895.99 $10,020.77 $46,082.07 $414,738.66 460820.73 $58,708.41 $1,144,455.35 $46,082.07 9.00 $414,738.66 9.00 $58,708.41 9.00 $283,339.03 9.00 $191,399.92 4.00 $1,126,509.02 $17,946.33 5480.00 2850.64 6218.75 2778.00 618.94 $24,988.85 24880.85 108.00 $1,126,509.02 $933,581.28 933581.28 $990,714.61 $135,794.41 $70.29 $669,305.11 $321,409.50 $1,523.00 $663,365.11 $5,940.00 $38,156.01 $343,404.05 $40,935.52 $1,085,860.69 $38,156.01 9.00 $343,404.05 9.00 $40,935.52 9.00 $1,085,860.69 $481,090.24 9.00 $960,163.42 5.00 $289,812.11 9.00 $2,609,900.38 9.00 $129,046.47 9.00 $1,085,860.69 $1,942,898.27 $2,587,401.64 2454096.98 $885,736.00 $283,339.03 $400,000.00 $481,090.24 $521,306.73 $564,553.96 1996.00 2150960.00 2146116.00 4844.00 48066.59 1997.00 2838895.00 2830671.00 8224.00 85238.07 1998.00 1.00 3281848.00 3272821.00 9027.00 617045.18 1999.00 2.00 3642678.00 3629953.00 12725.00 417230.65 2000.00 3.00 4239026.00 4223996.00 15030.00 268257.81 2001.00 4.00 4781201.00 4766774.00 14427.00 191399.92 2002.00 5.00 5563270.00 5544929.00 18341.00 960163.42 21508023.00 2454096.98 0.11 Reta Cunningham: take 1/2 the expenditures paid out for each of FY2001 Park projects - to be paid by the Park Impact Fees - the other half to be paid with City Capital Improvement Funds F file,Kathleen,Excel,Payables,Vendors,FY02 Inspectors,Bldg History 214.00 0.00 8.00 371.00 0.00 16.00 628.00 3.00 18.00 1008.00 5.00 14.00 1127.00 7.00 22.00 878.00 23.00 37.00 1109.00 11.00 39.00 868.00 0.00 19.00 1002.00 3.00 32.00 849.00 0.00 34.00 739.00 8.00 54.00 777.00 30.00 36.00 917.00 1.00 38.00 10487.00 91.00 367.00 92402.00 182436.90 110703.23 293140.13 93401.00 195769.12 22282.12 218051.24 93402.00 1032798.71 4444.00 1028354.71 17999.00 18866.88 1069664.59 93405.00 600.00 2787.51 30551.80 7575.76 22976.04 21783.93 8734.97 132160.07 126213.00 4755.00 327586.28 93407.00 14831.70 2264.00 1712.31 18808.01 93404.00 27180.50 27180.50 93409.00 78890.73 340819.35 29525.03 449235.11 93411.00 12900.68 135940.00 32689.59 181530.27 93412.00 74020.00 74020.00 96156.00 0.00 96902.00 561581.59 518646.41 42935.18 27058.87 588640.46 96903.00 13300.00 64079.36 21579.36 42500.00 933806.28 455423.50 1466609.14 0.00 96900.00 1146069.00 46947.57 5940.00 5940.00 270257.32 1469213.89 60000.00 82962.00 69000.00 13962.00 111810.00 15000.00 60000.00 31500.00 5310.00 70308.00 567000.00 892080.00 1146669.00 62787.51 0.00 30551.80 1408941.31 539471.05 322309.42 2745320.22 819709.31 7075759.62 1146069.00 885736.00 400000.00 546000.00 2977805.00 600.00 62787.51 0.00 30551.80 1408941.31 539471.05 -563426.58 2345320.22 273709.31 4097954.62 1146069.00 92190.73 64079.36 730359.22 1111788.00 782264.72 2814963.03 2150960.00 2838895.00 3281848.00 3642678.00 4239026.00 4781201.00 5563270.00 0.03 0.00 9.31E-03 0.39 0.13 -0.12 0.42 0.17 4097954.62 892080.00 3205874.62 0.24 $293,140.13 182436.90 110703.23 $0.00 $293,140.13 $1,221,417.21 18.65 $1,069,664.59 $1,069,664.59 $57,354.67 $148,840.38 $10,000.00 $33,314.59 $192,154.97 $10,303.22 6.70 $419,710.08 340819.35 $38,000.00 $457,710.08 $68,314.94 18.34 $561,581.59 $94,982.00 819000.00 157018.00 567000.00 $146,000.00 $802,563.59 $43,760.28 26.81 $1,011,185.64 $742,114.72 131000.00 611114.72 $1,753,300.36 $65,397.25 70.74 $3,210,982.28 $104,982.00 $959,429.31 $4,568,533.72 $64,582.04 Preferred Customer: cost per acre considering skatepark and tully construction costs combined. Preferred Customer: this number includes carryforward of $611m+ and the additional funds budgeted of $131m Preferred Customer: this is their donated amount less land and impact fees we're refunding 18.34 18.34 18.34 18.34 18.34 0.69 0.50 6.70 6.70 6.70 1.07 0.25 1.94 0.13 0.58 0.13 0.24 0.24 119.18 4.61 4.61 4.61 0.24 0.24 0.24 0.24 10.00 2.00 58.19 59.85 1.66 26.80 31.39 26.80 1.66 1.66 20.08 15.08 5.00 15.08 18.68 18.68 18.68 9.27 9.27 0.13 0.13 1.08 1.08 2.60 2.60 1.30 1.30 0.13 0.13 0.13 0.13 6.00 6.00 6.90 6.90 29.00 29.00 30.10 30.10 1.00 1.00 350.06 101.94 22.17 95.49 11.31 78.90 350.06 101.94 22.17 95.49 11.31 78.90 Preferred Customer: 1/31/2003 per Elroy 34919.00 39744.00 2.93 2.67 $25,000.00 $70,000.00 $95,000.00 $25,000.00 $95,000.00 0.26 9.27 95.49 6.00 6.90 22.17 95.49 $960,163.42 927892.90 32270.52 $2,454,096.98 $5,563,270.00 $21,508,023.00 0.17 0.11 $39.38 5563270.00 $166,458.33 131458.33 35000.00 0.29 1629001.00 ($50,000.00) 0.17 960163.42 $116,458.33 $345.17 2.96E-03 $39.38 $6,132,431.00 $39,744.00 $2.93 $452.09 0.11 $51.58 Preferred Customer: update annually by contacting Compass and requesting their latest numbers Preferred Customer: rec'd average building cost from Building Dept $120.07 $728.55 $848.62 $39.38 $809.23 $161.85 20.00 $647.39 $20.00 $667.39 0.76 $109.42 $663.90 $773.31 $39.38 $733.93 $146.79 20.00 $587.14 $20.00 $607.14 0.76 39744.00 2.93 2.67 $25,000.00 $70,000.00 $95,000.00 11.31 5.83 17.14 39.74 1000.00 $0.43 $95,000.00 1000.00 $40.98 2.93 $120.07 $2.67 $109.42 78.90 25.13 104.02 39.74 1000.00 2.62 $95,000.00 1000.00 $248.65 2.93 $728.55 2.67 $663.90 $25,000.00 $95,000.00 0.26 22.17 95.49 0.26 0.26 5.83 25.13 9.27 30.10 29.00 31.39 5.00 6.00 6.90 22.17 95.49 Preferred Customer: update annually by contacting Compass and requesting their latest numbers $40.98 $120.07 $109.42 $248.65 $728.55 $663.90 $20.00 $20.00 $289.63 $868.62 $793.31 0.11 ($39.38) ($39.38) 0.20 ($161.85) -1.00 ($146.79) -1.00 $667.39 $607.15 1.00 2.00 $848.62 $39.38 $161.85 $20.00 $667.39 $773.31 $39.38 $146.79 $20.00 $607.14 3.00 $120.07 $728.55 $848.62 $109.42 $663.90 $773.32 11.31 5.83 17.14 39.74 $0.43 $95,000.00 1000.00 $40.98 2.93 $120.07 $2.67 $109.42 4.00 $120.07 $728.55 $848.62 $109.42 $663.90 $773.31 78.90 25.13 104.02 $40.00 $2.62 $95,000.00 1000.00 $248.65 2.93 $728.55 2.67 $663.90 5.00 $848.62 $39.38 $161.85 $20.00 $667.39 $773.31 $39.38 $146.79 $20.00 $607.14 $39.38 $166,458.33 ($50,000.00) $116,458.33 $345.17 2.96E-03 0.11 $39.38 6.00 $848.62 $39.38 $161.85 $20.00 $667.39 $773.31 $39.38 $146.79 $20.00 $607.14 7.00 $848.62 $39.38 $161.85 $20.00 $667.39 $773.31 $39.38 $146.79 $20.00 $607.14 8.00 IMPACT FEE Ledger Bldg history Parks development park costs Cityland reevaluate notes to fee calc table for ordinance powerpoint info CITY OF MERIDIAN BUILDING PERMIT REPORT Ending September 2002 NEW CONSTRUCTION TYPE Residential Multi-Family Commercial Fiscal Year Permits 1989-1990 1990-1991 1991-1992 1992-1993 1993-1994 1994-1995 1995-1996 1996-1997 1997-1998 1998-1999 1999-2000 2000-2001 2001-2002 1989 thru 2002 Thirteen yr history 2002-2003 Developed & PARK NAME ACRES Maintained by Parks Bear Creek Park Bowers Office Chateau Park City Hall Fire Station #1 Fire Station #2 Generations Plaza Golf Course NW 8th Park Parking Lot Broadway Parking Lot Pine Police Station @ Locust Grove Settlers Park Settlers Water Tank Storey Park Tulley Park Pine Street School Pathway - Fothergill Pathway - 5 mile creek Pathway - Blackstone North Curve Main Street Medians Downtown Trees Neighborhood Community Parks Un-Developed as of 9/30/2002 Population Single Family Residential Multi Family Residential per Compass 2002 per 2000 Census Acquisition Cost per Acre Develop Cost per Acre TOTAL Service Cost per Acre to determine the cost of a Neighborhood Park per person: Current Un-Developed parkland Kiwanis Park(Thousand Springs) acres Autumn Faire TOTAL undeveloped Neighborhood Park Acres Parks that are not City owned & operated Fuller Park City Acres TOTAL Acres current developed acres of Neighborhood Parks divided by one for each 1000 current residents equals number of acres per 1000 residents If the City is donated or already owns the Land that will reduce the development cost by 26.32% divided by TOTAL Service Cost equals percentage of Acquisition plus an allocation for the current undeveloped acres TOTAL developed acres of Neighborhood Parks total acres currently undeveloped times the percentage that the TOTAL Service Cost is reduced (26.32%) by not having to purchase the land allocation for current undeveloped acres: equals an allocation to be added to current developed acres see below COMMUNITY PARKS NEIGHBORHOOD PARKS to determine the cost of a Community Park per person: = Neighborhood Park Standard times TOTAL Service Cost to develop an acre divided by 1000 residents equals the cost to develop an acre per person times the # of persons per Single Family dwelling equals the cost to develop an acre per Single Family dwelling = Single Family Dwelling cost for Neighborhood Park cost to develop per person times Multi Family dwelling = Multi Family Dwelling cost for Neighborhood Park equals the cost to develop an acre per Multi Family dwelling = Community Park Standard TOTAL developed acres of Community Parks current developed acres of Community Parks = Single Family dwelling cost for Community Park = Multi Family dwelling cost for Community Park Tully Park develop costs budget in FY03 TOTAL cost per acre Generations Plaza Skate Park @ Tully Impact Fee for Single Family Residence Impact Fee for Multi Family Resident IMPACT FEE each year the following numbers will have to re-evaluated note: a change will also affect the percentage of acquisition non impact fee capital projects City Share percentage Proportionate Share: to credit the impact fee for the share paid by General Fund Taxes Resident average household homeowner exemption taxable average household times levy rate .002963901 FY2002 Parks Total Expenditures Parks Land&Development paid by Tax Funds FY2002 actual from impact ledger TOTAL FEE land cost is 26.32% of TOTAL Service Cost less Proportionate Share less General Fund Share General Fund Revenues plus admin fee this is based on what land we have developed at a cost of today - not the cost we paid to develop these acres 50-75% of the actual cost to develop per acre City of Meridian Park Impact Fees per Ordinance #723 updated as of: EXPENDITURES Receipts Interest Impact Fees Paid by PAID by the CITY DATE DESCRIPTION 10% admin Earnings Balance Development purchase 59.85acres less 2 for Resevoir @ Meridian&Ustick Nov-95 Total FY96 Impact Fees collected FY96 Total FY97 FY97 Total FY98 FY98 Total FY99 Develop Tully Park Develop Generations Plaza I FY99 Total FY00 Purchase Generations Plaza II Chateau Park - Tile ditch CIP - 5mile Pathway CIP - Bear Creek Park CIP - Generation Plaza II CIP - 56 Acre Park FY00 Total FY01 CIP - Skate Park CIP - Chateau Park FY01 Total FY02 Land Purchase Impact Fees collected thru Sep02 FY02 Total Grand Total Budgeted 2001 Spent FY2001 Budgeted FY2002 Spent FY2002 Balance approved to spend available balance Budgeted FY2003 Tax Revenue per audits Develop Chateau Park 5yr tax revenue tax revenue develop costs not paid by impact fees 5 years parks develop % of tax revenue equals FY2002 actual 5yrs develop cost pd by city 5yrs tax revenue First we must establish a Neighborhood & Community Park Standard by dividing the current developed park acres by the number of residents. Then we take the standard or acres per 1000 times the cost to develop an acre of park land. This establishes a cost per person, times the average # of persons per dwelling less the proportionate share to determine the City share of park development costs 1 year history 5 year history numbers in yellow will need to be updated every 2 years HISTORY of City Park Development costs % of cost Cost Maximum Fee Proposed Impact Fee Lochsa Falls Borup McDermott property in comp plan not in comp plan in comp plan at 36 acres current acres Police Station per COMPASS 4/1/2002 per Dave Selvage @ Boise will request the maximun allowable impact fee. Then council needs to determine the percentage of General Fund tax that City will fund. Borup can the acreage include land to be purchased in 2003? Has the parks comp plan been approved? our acreage doesn't match the city comp plan should we charge an admin fee? AVERAGE Kiwansis Park (Thousand Springs) Parkstone Park see the "cityland" tab see "cityland" tab note this is using 5yr history @ 11% Parkstone Inkind donations by developers NA G. Adjusted Development Impact Fee: Homeowners proportionate share = the portion of their tax dollars used to develop City parks City's proportionate share = the tax dollars the City expended to develop parks subject to the impact fees in the last 5 years Neighborhood parks Community parks Impact Fee $/Person Single-Family $/Residence SUBTOTAL Homeowner Proportionate Share City Share of development costs Description Note this share is @ 20% Bill, do we need to explain how we got to the proportionate share in the ordinance? CIP surcharge Impact Fee Committee recommended the "surcharge" be $20.00 per permit which will pay for the Capital Improvement Plan update every 3-5 years. They also recommend the City percentage be 20%. another way we could calculate proportionate share would be to take the total tax dollars budgeted to receive divided by FY2002 L-2 Tax Dollars times % of Gen Fund expended for Land&Development the total population, times the average number in a single household, times the percentage of General Fund tax expended on Land & Development. population average household City Tax per Household City pd for Land & Development = 345.17 x 11% If we calculate the proportionate share this way the fee will reduce by $12.20 5yr history Note this fee is for CIP update costs only Compass adds in new building permits and discounts by the vacancy rate worksheet created by Reta Parks projects based on fixed asset listing Year to Date 06/30/2003 developments subject to impact fees MIP GL ACTUAL Acct# Project FY95 FY03 Five Mile Pathway Tully Park development Park - Storey Improvements 8th St Park Improvements Tennis Courts Skate Park Chamber Restrooms Adventure Island Equipment Park - Bear Creek Park - Settlers Park Kiwanis Park Purchase Park Land donated land TOTALS Use of General Funds Property Tax Revenue % of Parks development pd by Tax 5year average less donated land actual dollars spent by City first slide could be the history of our impact fees and an explanation of the use of impact fees (let me know if you need more history of dollars spent) 2nd slide could be the calculation used for our proposed impact fee then the next slides can explain each section of the calculation TYPE OF RESIDENCE average household assessed value times % of tax revenue City to contribute 20% of park land purchases and development Admin fee of $20.00 per new residence will be used to update the Parks comprehensive plan explain that the fee would be updated every other year by revising the following: population & numbers per residence based on Compass land and development costs current developed and undeveloped land current average assessed value of a Meridian home current tax levy tax dollars expended for Land&Development (average of last 5 years) BUDGETED Use of Impact Fees ACTUAL paid by impact fees slide =Neighborhood Park Standard Single Family Dwelling Cost Multi Family Dwelling Cost Development Cost Page of ?9?/?30?/?2002 0.90 ?11?/?1?/?1995 $1,178,469.00 1178469.00 $0.00 9.00 $0.00 9.00 $0.00 9.00 ($1,178,469.00) $1,178,469.00 9.00 $0.00 9.00 $48,066.59 2106.00 45960.59 $21,869.33 $196,824.01 ($959,775.66) $21,869.33 9.00 $196,824.01 9.00 $0.00 9.00 $0.00 9.00 $48,066.59 $66,919.70 $18,318.37 $45,988.33 $413,895.43 ($499,891.90) $45,988.33 9.00 $413,895.43 9.00 $0.00 9.00 $0.00 9.00 $85,238.07 $611,013.45 611013.45 $6,031.73 $53,739.98 $483,660.46 $37,508.54 $53,739.98 9.00 $483,660.46 9.00 $0.00 9.00 $0.00 9.00 $617,045.18 1.00 $37,508.54 $249,851.65 120067.83 129783.82 $18,902.10 $37,508.54 $148,476.90 131135.14 17341.76 $44,822.69 $403,405.03 $485,736.26 $44,822.69 9.00 $403,405.03 9.00 $0.00 9.00 $0.00 9.00 $417,230.65 2.00 $485,736.26 $46,947.57 $485,736.26 $59,988.63 $485,736.26 $129,232.00 $485,736.26 $3,206.95 $485,736.26 $15,582.66 $485,736.26 $13,300.00 $39,153.70 9165.90 9695.66 10702.40 9589.74 $353,972.74 88479.93 81274.43 96321.24 87897.14 $29,402.54 3665.63 14922.21 10814.70 $908,265.24 $39,153.70 9.00 $353,972.74 9.00 $29,402.54 9.00 $0.00 9.00 $268,257.81 3.00 $908,265.24 $22,282.12 $653,702.24 $254,563.00 254563.00 $8,876.46 $653,702.24 $95,120.57 $632,122.88 $21,579.36 21579.36 $42,500.00 $631,822.20 $300.68 300.68 $12,600.00 $624,926.21 $6,895.99 6895.99 $10,020.77 $46,082.07 $414,738.66 460820.73 $58,708.41 $1,144,455.35 $46,082.07 9.00 $414,738.66 9.00 $58,708.41 9.00 $283,339.03 9.00 $191,399.92 4.00 $1,126,509.02 $17,946.33 5480.00 2850.64 6218.75 2778.00 618.94 $24,988.85 24880.85 108.00 $1,126,509.02 $933,581.28 933581.28 $990,714.61 $135,794.41 $70.29 $669,305.11 $321,409.50 $1,523.00 $663,365.11 $5,940.00 $38,156.01 $343,404.05 $40,935.52 $1,085,860.69 $38,156.01 9.00 $343,404.05 9.00 $40,935.52 9.00 $1,085,860.69 $481,090.24 9.00 $960,163.42 5.00 $289,812.11 9.00 $2,609,900.38 9.00 $129,046.47 9.00 $1,085,860.69 $1,942,898.27 $2,587,401.64 2454096.98 $885,736.00 $283,339.03 $400,000.00 $481,090.24 $521,306.73 $564,553.96 1996.00 2150960.00 2146116.00 4844.00 48066.59 1997.00 2838895.00 2830671.00 8224.00 85238.07 1998.00 1.00 3281848.00 3272821.00 9027.00 617045.18 1999.00 2.00 3642678.00 3629953.00 12725.00 417230.65 2000.00 3.00 4239026.00 4223996.00 15030.00 268257.81 2001.00 4.00 4781201.00 4766774.00 14427.00 191399.92 2002.00 5.00 5563270.00 5544929.00 18341.00 960163.42 21508023.00 2454096.98 0.11 Reta Cunningham: take 1/2 the expenditures paid out for each of FY2001 Park projects - to be paid by the Park Impact Fees - the other half to be paid with City Capital Improvement Funds F file,Kathleen,Excel,Payables,Vendors,FY02 Inspectors,Bldg History 214.00 0.00 8.00 371.00 0.00 16.00 628.00 3.00 18.00 1008.00 5.00 14.00 1127.00 7.00 22.00 878.00 23.00 37.00 1109.00 11.00 39.00 868.00 0.00 19.00 1002.00 3.00 32.00 849.00 0.00 34.00 739.00 8.00 54.00 777.00 30.00 36.00 917.00 1.00 38.00 10487.00 91.00 367.00 92402.00 182436.90 110703.23 293140.13 93401.00 195769.12 22282.12 218051.24 93402.00 1032798.71 4444.00 1028354.71 17999.00 18866.88 1069664.59 93405.00 600.00 2787.51 30551.80 7575.76 22976.04 21783.93 8734.97 132160.07 126213.00 4755.00 327586.28 93407.00 14831.70 2264.00 1712.31 18808.01 93404.00 27180.50 27180.50 93409.00 78890.73 340819.35 29525.03 449235.11 93411.00 12900.68 135940.00 32689.59 181530.27 93412.00 74020.00 74020.00 96156.00 0.00 96902.00 561581.59 518646.41 42935.18 27058.87 588640.46 96903.00 13300.00 64079.36 21579.36 42500.00 933806.28 455423.50 1466609.14 0.00 96900.00 1146069.00 46947.57 5940.00 5940.00 270257.32 1469213.89 60000.00 82962.00 69000.00 13962.00 111810.00 15000.00 60000.00 31500.00 5310.00 70308.00 567000.00 892080.00 1146669.00 62787.51 0.00 30551.80 1408941.31 539471.05 322309.42 2745320.22 819709.31 7075759.62 1146069.00 885736.00 400000.00 546000.00 2977805.00 600.00 62787.51 0.00 30551.80 1408941.31 539471.05 -563426.58 2345320.22 273709.31 4097954.62 1146069.00 92190.73 64079.36 730359.22 1111788.00 782264.72 2814963.03 2150960.00 2838895.00 3281848.00 3642678.00 4239026.00 4781201.00 5563270.00 0.03 0.00 9.31E-03 0.39 0.13 -0.12 0.42 0.17 4097954.62 892080.00 3205874.62 0.24 $293,140.13 182436.90 110703.23 $0.00 $293,140.13 $1,221,417.21 18.65 $1,069,664.59 $1,069,664.59 $57,354.67 $148,840.38 $10,000.00 $33,314.59 $192,154.97 $10,303.22 6.70 $419,710.08 340819.35 $38,000.00 $457,710.08 $68,314.94 18.34 $561,581.59 $94,982.00 819000.00 157018.00 567000.00 $146,000.00 $802,563.59 $43,760.28 26.81 $1,011,185.64 $742,114.72 131000.00 611114.72 $1,753,300.36 $65,397.25 70.74 $3,210,982.28 $104,982.00 $959,429.31 $4,568,533.72 $64,582.04 Preferred Customer: cost per acre considering skatepark and tully construction costs combined. Preferred Customer: this number includes carryforward of $611m+ and the additional funds budgeted of $131m Preferred Customer: this is their donated amount less land and impact fees we're refunding 18.34 18.34 18.34 18.34 18.34 0.69 0.50 6.70 6.70 6.70 1.07 0.25 1.94 0.13 0.58 0.13 0.24 0.24 119.18 4.61 4.61 4.61 0.24 0.24 0.24 0.24 10.00 2.00 58.19 59.85 1.66 26.80 31.39 26.80 1.66 1.66 20.08 15.08 5.00 15.08 18.68 18.68 18.68 9.27 9.27 0.13 0.13 1.08 1.08 2.60 2.60 1.30 1.30 0.13 0.13 0.13 0.13 6.00 6.00 6.90 6.90 29.00 29.00 30.10 30.10 1.00 1.00 350.06 101.94 22.17 95.49 11.31 78.90 350.06 101.94 22.17 95.49 11.31 78.90 Preferred Customer: 1/31/2003 per Elroy 34919.00 39744.00 2.93 2.67 $25,000.00 $70,000.00 $95,000.00 $25,000.00 $95,000.00 0.26 9.27 95.49 6.00 6.90 22.17 95.49 $960,163.42 927892.90 32270.52 $2,454,096.98 $5,563,270.00 $21,508,023.00 0.17 0.11 $39.38 5563270.00 $166,458.33 131458.33 35000.00 0.29 1629001.00 ($50,000.00) 0.17 960163.42 $116,458.33 $345.17 2.96E-03 $39.38 $6,132,431.00 $39,744.00 $2.93 $452.09 0.11 $51.58 Preferred Customer: update annually by contacting Compass and requesting their latest numbers Preferred Customer: rec'd average building cost from Building Dept $120.07 $728.55 $848.62 $39.38 $809.23 $161.85 20.00 $647.39 $20.00 $667.39 0.76 $109.42 $663.90 $773.31 $39.38 $733.93 $146.79 20.00 $587.14 $20.00 $607.14 0.76 39744.00 2.93 2.67 $25,000.00 $70,000.00 $95,000.00 11.31 5.83 17.14 39.74 1000.00 $0.43 $95,000.00 1000.00 $40.98 2.93 $120.07 $2.67 $109.42 78.90 25.13 104.02 39.74 1000.00 2.62 $95,000.00 1000.00 $248.65 2.93 $728.55 2.67 $663.90 $25,000.00 $95,000.00 0.26 22.17 95.49 0.26 0.26 5.83 25.13 9.27 30.10 29.00 31.39 5.00 6.00 6.90 22.17 95.49 Preferred Customer: update annually by contacting Compass and requesting their latest numbers $40.98 $120.07 $109.42 $248.65 $728.55 $663.90 $20.00 $20.00 $289.63 $868.62 $793.31 0.11 ($39.38) ($39.38) 0.20 ($161.85) -1.00 ($146.79) -1.00 $667.39 $607.15 1.00 2.00 $848.62 $39.38 $161.85 $20.00 $667.39 $773.31 $39.38 $146.79 $20.00 $607.14 3.00 $120.07 $728.55 $848.62 $109.42 $663.90 $773.32 11.31 5.83 17.14 39.74 $0.43 $95,000.00 1000.00 $40.98 2.93 $120.07 $2.67 $109.42 4.00 $120.07 $728.55 $848.62 $109.42 $663.90 $773.31 78.90 25.13 104.02 $40.00 $2.62 $95,000.00 1000.00 $248.65 2.93 $728.55 2.67 $663.90 5.00 $848.62 $39.38 $161.85 $20.00 $667.39 $773.31 $39.38 $146.79 $20.00 $607.14 $39.38 $166,458.33 ($50,000.00) $116,458.33 $345.17 2.96E-03 0.11 $39.38 6.00 $848.62 $39.38 $161.85 $20.00 $667.39 $773.31 $39.38 $146.79 $20.00 $607.14 7.00 $848.62 $39.38 $161.85 $20.00 $667.39 $773.31 $39.38 $146.79 $20.00 $607.14 8.00 IMPACT FEE Ledger Bldg history Parks development park costs Cityland reevaluate notes to fee calc table for ordinance powerpoint info CITY OF MERIDIAN BUILDING PERMIT REPORT Ending September 2002 NEW CONSTRUCTION TYPE Residential Multi-Family Commercial Fiscal Year Permits 1989-1990 1990-1991 1991-1992 1992-1993 1993-1994 1994-1995 1995-1996 1996-1997 1997-1998 1998-1999 1999-2000 2000-2001 2001-2002 1989 thru 2002 Thirteen yr history 2002-2003 Developed & PARK NAME ACRES Maintained by Parks Bear Creek Park Bowers Office Chateau Park City Hall Fire Station #1 Fire Station #2 Generations Plaza Golf Course NW 8th Park Parking Lot Broadway Parking Lot Pine Police Station @ Locust Grove Settlers Park Settlers Water Tank Storey Park Tulley Park Pine Street School Pathway - Fothergill Pathway - 5 mile creek Pathway - Blackstone North Curve Main Street Medians Downtown Trees Neighborhood Community Parks Un-Developed as of 9/30/2002 Population Single Family Residential Multi Family Residential per Compass 2002 per 2000 Census Acquisition Cost per Acre Develop Cost per Acre TOTAL Service Cost per Acre to determine the cost of a Neighborhood Park per person: Current Un-Developed parkland Kiwanis Park(Thousand Springs) acres Autumn Faire TOTAL undeveloped Neighborhood Park Acres Parks that are not City owned & operated Fuller Park City Acres TOTAL Acres current developed acres of Neighborhood Parks divided by one for each 1000 current residents equals number of acres per 1000 residents If the City is donated or already owns the Land that will reduce the development cost by 26.32% divided by TOTAL Service Cost equals percentage of Acquisition plus an allocation for the current undeveloped acres TOTAL developed acres of Neighborhood Parks total acres currently undeveloped times the percentage that the TOTAL Service Cost is reduced (26.32%) by not having to purchase the land allocation for current undeveloped acres: equals an allocation to be added to current developed acres see below COMMUNITY PARKS NEIGHBORHOOD PARKS to determine the cost of a Community Park per person: = Neighborhood Park Standard times TOTAL Service Cost to develop an acre divided by 1000 residents equals the cost to develop an acre per person times the # of persons per Single Family dwelling equals the cost to develop an acre per Single Family dwelling = Single Family Dwelling cost for Neighborhood Park cost to develop per person times Multi Family dwelling = Multi Family Dwelling cost for Neighborhood Park equals the cost to develop an acre per Multi Family dwelling = Community Park Standard TOTAL developed acres of Community Parks current developed acres of Community Parks = Single Family dwelling cost for Community Park = Multi Family dwelling cost for Community Park Tully Park develop costs budget in FY03 TOTAL cost per acre Generations Plaza Skate Park @ Tully Impact Fee for Single Family Residence Impact Fee for Multi Family Resident IMPACT FEE each year the following numbers will have to re-evaluated note: a change will also affect the percentage of acquisition non impact fee capital projects City Share percentage Proportionate Share: to credit the impact fee for the share paid by General Fund Taxes Resident average household homeowner exemption taxable average household times levy rate .002963901 FY2002 Parks Total Expenditures Parks Land&Development paid by Tax Funds FY2002 actual from impact ledger TOTAL FEE land cost is 26.32% of TOTAL Service Cost less Proportionate Share less General Fund Share General Fund Revenues plus admin fee this is based on what land we have developed at a cost of today - not the cost we paid to develop these acres 50-75% of the actual cost to develop per acre City of Meridian Park Impact Fees per Ordinance #723 updated as of: EXPENDITURES Receipts Interest Impact Fees Paid by PAID by the CITY DATE DESCRIPTION 10% admin Earnings Balance Development purchase 59.85acres less 2 for Resevoir @ Meridian&Ustick Nov-95 Total FY96 Impact Fees collected FY96 Total FY97 FY97 Total FY98 FY98 Total FY99 Develop Tully Park Develop Generations Plaza I FY99 Total FY00 Purchase Generations Plaza II Chateau Park - Tile ditch CIP - 5mile Pathway CIP - Bear Creek Park CIP - Generation Plaza II CIP - 56 Acre Park FY00 Total FY01 CIP - Skate Park CIP - Chateau Park FY01 Total FY02 Land Purchase Impact Fees collected thru Sep02 FY02 Total Grand Total Budgeted 2001 Spent FY2001 Budgeted FY2002 Spent FY2002 Balance approved to spend available balance Budgeted FY2003 Tax Revenue per audits Develop Chateau Park 5yr tax revenue tax revenue develop costs not paid by impact fees 5 years parks develop % of tax revenue equals FY2002 actual 5yrs develop cost pd by city 5yrs tax revenue First we must establish a Neighborhood & Community Park Standard by dividing the current developed park acres by the number of residents. Then we take the standard or acres per 1000 times the cost to develop an acre of park land. This establishes a cost per person, times the average # of persons per dwelling less the proportionate share to determine the City share of park development costs 1 year history 5 year history numbers in yellow will need to be updated every 2 years HISTORY of City Park Development costs % of cost Cost Maximum Fee Proposed Impact Fee Lochsa Falls Borup McDermott property in comp plan not in comp plan in comp plan at 36 acres current acres Police Station per COMPASS 4/1/2002 per Dave Selvage @ Boise will request the maximun allowable impact fee. Then council needs to determine the percentage of General Fund tax that City will fund. Borup can the acreage include land to be purchased in 2003? Has the parks comp plan been approved? our acreage doesn't match the city comp plan should we charge an admin fee? AVERAGE Kiwansis Park (Thousand Springs) Parkstone Park see the "cityland" tab see "cityland" tab note this is using 5yr history @ 11% Parkstone Inkind donations by developers NA G. Adjusted Development Impact Fee: Homeowners proportionate share = the portion of their tax dollars used to develop City parks City's proportionate share = the tax dollars the City expended to develop parks subject to the impact fees in the last 5 years Neighborhood parks Community parks Impact Fee $/Person Single-Family $/Residence SUBTOTAL Homeowner Proportionate Share City Share of development costs Description Note this share is @ 20% Bill, do we need to explain how we got to the proportionate share in the ordinance? CIP surcharge Impact Fee Committee recommended the "surcharge" be $20.00 per permit which will pay for the Capital Improvement Plan update every 3-5 years. They also recommend the City percentage be 20%. another way we could calculate proportionate share would be to take the total tax dollars budgeted to receive divided by FY2002 L-2 Tax Dollars times % of Gen Fund expended for Land&Development the total population, times the average number in a single household, times the percentage of General Fund tax expended on Land & Development. population average household City Tax per Household City pd for Land & Development = 345.17 x 11% If we calculate the proportionate share this way the fee will reduce by $12.20 5yr history Note this fee is for CIP update costs only Compass adds in new building permits and discounts by the vacancy rate worksheet created by Reta Parks projects based on fixed asset listing Year to Date 06/30/2003 developments subject to impact fees MIP GL ACTUAL Acct# Project FY95 FY03 Five Mile Pathway Tully Park development Park - Storey Improvements 8th St Park Improvements Tennis Courts Skate Park Chamber Restrooms Adventure Island Equipment Park - Bear Creek Park - Settlers Park Kiwanis Park Purchase Park Land donated land TOTALS Use of General Funds Property Tax Revenue % of Parks development pd by Tax 5year average less donated land actual dollars spent by City first slide could be the history of our impact fees and an explanation of the use of impact fees (let me know if you need more history of dollars spent) 2nd slide could be the calculation used for our proposed impact fee then the next slides can explain each section of the calculation TYPE OF RESIDENCE average household assessed value times % of tax revenue City to contribute 20% of park land purchases and development Admin fee of $20.00 per new residence will be used to update the Parks comprehensive plan explain that the fee would be updated every other year by revising the following: population & numbers per residence based on Compass land and development costs current developed and undeveloped land current average assessed value of a Meridian home current tax levy tax dollars expended for Land&Development (average of last 5 years) BUDGETED Use of Impact Fees ACTUAL paid by impact fees slide = Multi Family Dwelling Cost = Single Family Dwelling Cost Page of ?9?/?30?/?2002 0.90 ?11?/?1?/?1995 $1,178,469.00 1178469.00 $0.00 9.00 $0.00 9.00 $0.00 9.00 ($1,178,469.00) $1,178,469.00 9.00 $0.00 9.00 $48,066.59 2106.00 45960.59 $21,869.33 $196,824.01 ($959,775.66) $21,869.33 9.00 $196,824.01 9.00 $0.00 9.00 $0.00 9.00 $48,066.59 $66,919.70 $18,318.37 $45,988.33 $413,895.43 ($499,891.90) $45,988.33 9.00 $413,895.43 9.00 $0.00 9.00 $0.00 9.00 $85,238.07 $611,013.45 611013.45 $6,031.73 $53,739.98 $483,660.46 $37,508.54 $53,739.98 9.00 $483,660.46 9.00 $0.00 9.00 $0.00 9.00 $617,045.18 1.00 $37,508.54 $249,851.65 120067.83 129783.82 $18,902.10 $37,508.54 $148,476.90 131135.14 17341.76 $44,822.69 $403,405.03 $485,736.26 $44,822.69 9.00 $403,405.03 9.00 $0.00 9.00 $0.00 9.00 $417,230.65 2.00 $485,736.26 $46,947.57 $485,736.26 $59,988.63 $485,736.26 $129,232.00 $485,736.26 $3,206.95 $485,736.26 $15,582.66 $485,736.26 $13,300.00 $39,153.70 9165.90 9695.66 10702.40 9589.74 $353,972.74 88479.93 81274.43 96321.24 87897.14 $29,402.54 3665.63 14922.21 10814.70 $908,265.24 $39,153.70 9.00 $353,972.74 9.00 $29,402.54 9.00 $0.00 9.00 $268,257.81 3.00 $908,265.24 $22,282.12 $653,702.24 $254,563.00 254563.00 $8,876.46 $653,702.24 $95,120.57 $632,122.88 $21,579.36 21579.36 $42,500.00 $631,822.20 $300.68 300.68 $12,600.00 $624,926.21 $6,895.99 6895.99 $10,020.77 $46,082.07 $414,738.66 460820.73 $58,708.41 $1,144,455.35 $46,082.07 9.00 $414,738.66 9.00 $58,708.41 9.00 $283,339.03 9.00 $191,399.92 4.00 $1,126,509.02 $17,946.33 5480.00 2850.64 6218.75 2778.00 618.94 $24,988.85 24880.85 108.00 $1,126,509.02 $933,581.28 933581.28 $990,714.61 $135,794.41 $70.29 $669,305.11 $321,409.50 $1,523.00 $663,365.11 $5,940.00 $38,156.01 $343,404.05 $40,935.52 $1,085,860.69 $38,156.01 9.00 $343,404.05 9.00 $40,935.52 9.00 $1,085,860.69 $481,090.24 9.00 $960,163.42 5.00 $289,812.11 9.00 $2,609,900.38 9.00 $129,046.47 9.00 $1,085,860.69 $1,942,898.27 $2,587,401.64 2454096.98 $885,736.00 $283,339.03 $400,000.00 $481,090.24 $521,306.73 $564,553.96 1996.00 2150960.00 2146116.00 4844.00 48066.59 1997.00 2838895.00 2830671.00 8224.00 85238.07 1998.00 1.00 3281848.00 3272821.00 9027.00 617045.18 1999.00 2.00 3642678.00 3629953.00 12725.00 417230.65 2000.00 3.00 4239026.00 4223996.00 15030.00 268257.81 2001.00 4.00 4781201.00 4766774.00 14427.00 191399.92 2002.00 5.00 5563270.00 5544929.00 18341.00 960163.42 21508023.00 2454096.98 0.11 Reta Cunningham: take 1/2 the expenditures paid out for each of FY2001 Park projects - to be paid by the Park Impact Fees - the other half to be paid with City Capital Improvement Funds F file,Kathleen,Excel,Payables,Vendors,FY02 Inspectors,Bldg History 214.00 0.00 8.00 371.00 0.00 16.00 628.00 3.00 18.00 1008.00 5.00 14.00 1127.00 7.00 22.00 878.00 23.00 37.00 1109.00 11.00 39.00 868.00 0.00 19.00 1002.00 3.00 32.00 849.00 0.00 34.00 739.00 8.00 54.00 777.00 30.00 36.00 917.00 1.00 38.00 10487.00 91.00 367.00 92402.00 182436.90 110703.23 293140.13 93401.00 195769.12 22282.12 218051.24 93402.00 1032798.71 4444.00 1028354.71 17999.00 18866.88 1069664.59 93405.00 600.00 2787.51 30551.80 7575.76 22976.04 21783.93 8734.97 132160.07 126213.00 4755.00 327586.28 93407.00 14831.70 2264.00 1712.31 18808.01 93404.00 27180.50 27180.50 93409.00 78890.73 340819.35 29525.03 449235.11 93411.00 12900.68 135940.00 32689.59 181530.27 93412.00 74020.00 74020.00 96156.00 0.00 96902.00 561581.59 518646.41 42935.18 27058.87 588640.46 96903.00 13300.00 64079.36 21579.36 42500.00 933806.28 455423.50 1466609.14 0.00 96900.00 1146069.00 46947.57 5940.00 5940.00 270257.32 1469213.89 60000.00 82962.00 69000.00 13962.00 111810.00 15000.00 60000.00 31500.00 5310.00 70308.00 567000.00 892080.00 1146669.00 62787.51 0.00 30551.80 1408941.31 539471.05 322309.42 2745320.22 819709.31 7075759.62 1146069.00 885736.00 400000.00 546000.00 2977805.00 600.00 62787.51 0.00 30551.80 1408941.31 539471.05 -563426.58 2345320.22 273709.31 4097954.62 1146069.00 92190.73 64079.36 730359.22 1111788.00 782264.72 2814963.03 2150960.00 2838895.00 3281848.00 3642678.00 4239026.00 4781201.00 5563270.00 0.03 0.00 9.31E-03 0.39 0.13 -0.12 0.42 0.17 4097954.62 892080.00 3205874.62 0.24 $293,140.13 182436.90 110703.23 $0.00 $293,140.13 $1,221,417.21 18.65 $1,069,664.59 $1,069,664.59 $57,354.67 $148,840.38 $10,000.00 $33,314.59 $192,154.97 $10,303.22 6.70 $419,710.08 340819.35 $38,000.00 $457,710.08 $68,314.94 18.34 $561,581.59 $94,982.00 819000.00 157018.00 567000.00 $146,000.00 $802,563.59 $43,760.28 26.81 $1,011,185.64 $742,114.72 131000.00 611114.72 $1,753,300.36 $65,397.25 70.74 $3,210,982.28 $104,982.00 $959,429.31 $4,568,533.72 $64,582.04 Preferred Customer: cost per acre considering skatepark and tully construction costs combined. Preferred Customer: this number includes carryforward of $611m+ and the additional funds budgeted of $131m Preferred Customer: this is their donated amount less land and impact fees we're refunding 18.34 18.34 18.34 18.34 18.34 0.69 0.50 6.70 6.70 6.70 1.07 0.25 1.94 0.13 0.58 0.13 0.24 0.24 119.18 4.61 4.61 4.61 0.24 0.24 0.24 0.24 10.00 2.00 58.19 59.85 1.66 26.80 31.39 26.80 1.66 1.66 20.08 15.08 5.00 15.08 18.68 18.68 18.68 9.27 9.27 0.13 0.13 1.08 1.08 2.60 2.60 1.30 1.30 0.13 0.13 0.13 0.13 6.00 6.00 6.90 6.90 29.00 29.00 30.10 30.10 1.00 1.00 350.06 101.94 22.17 95.49 11.31 78.90 350.06 101.94 22.17 95.49 11.31 78.90 Preferred Customer: 1/31/2003 per Elroy 34919.00 39744.00 2.93 2.67 $25,000.00 $70,000.00 $95,000.00 $25,000.00 $95,000.00 0.26 9.27 95.49 6.00 6.90 22.17 95.49 $960,163.42 927892.90 32270.52 $2,454,096.98 $5,563,270.00 $21,508,023.00 0.17 0.11 $39.38 5563270.00 $166,458.33 131458.33 35000.00 0.29 1629001.00 ($50,000.00) 0.17 960163.42 $116,458.33 $345.17 2.96E-03 $39.38 $6,132,431.00 $39,744.00 $2.93 $452.09 0.11 $51.58 Preferred Customer: update annually by contacting Compass and requesting their latest numbers Preferred Customer: rec'd average building cost from Building Dept $120.07 $728.55 $848.62 $39.38 $809.23 $161.85 20.00 $647.39 $20.00 $667.39 0.76 $109.42 $663.90 $773.31 $39.38 $733.93 $146.79 20.00 $587.14 $20.00 $607.14 0.76 39744.00 2.93 2.67 $25,000.00 $70,000.00 $95,000.00 11.31 5.83 17.14 39.74 1000.00 $0.43 $95,000.00 1000.00 $40.98 2.93 $120.07 $2.67 $109.42 78.90 25.13 104.02 39.74 1000.00 2.62 $95,000.00 1000.00 $248.65 2.93 $728.55 2.67 $663.90 $25,000.00 $95,000.00 0.26 22.17 95.49 0.26 0.26 5.83 25.13 9.27 30.10 29.00 31.39 5.00 6.00 6.90 22.17 95.49 Preferred Customer: update annually by contacting Compass and requesting their latest numbers $40.98 $120.07 $109.42 $248.65 $728.55 $663.90 $20.00 $20.00 $289.63 $868.62 $793.31 0.11 ($39.38) ($39.38) 0.20 ($161.85) -1.00 ($146.79) -1.00 $667.39 $607.15 1.00 2.00 $848.62 $39.38 $161.85 $20.00 $667.39 $773.31 $39.38 $146.79 $20.00 $607.14 3.00 $120.07 $728.55 $848.62 $109.42 $663.90 $773.32 11.31 5.83 17.14 39.74 $0.43 $95,000.00 1000.00 $40.98 2.93 $120.07 $2.67 $109.42 4.00 $120.07 $728.55 $848.62 $109.42 $663.90 $773.31 78.90 25.13 104.02 $40.00 $2.62 $95,000.00 1000.00 $248.65 2.93 $728.55 2.67 $663.90 5.00 $848.62 $39.38 $161.85 $20.00 $667.39 $773.31 $39.38 $146.79 $20.00 $607.14 $39.38 $166,458.33 ($50,000.00) $116,458.33 $345.17 2.96E-03 0.11 $39.38 6.00 $848.62 $39.38 $161.85 $20.00 $667.39 $773.31 $39.38 $146.79 $20.00 $607.14 7.00 $848.62 $39.38 $161.85 $20.00 $667.39 $773.31 $39.38 $146.79 $20.00 $607.14 8.00 IMPACT FEE Ledger Bldg history Parks development park costs Cityland reevaluate notes to fee calc table for ordinance powerpoint info CITY OF MERIDIAN BUILDING PERMIT REPORT Ending September 2002 NEW CONSTRUCTION TYPE Residential Multi-Family Commercial Fiscal Year Permits 1989-1990 1990-1991 1991-1992 1992-1993 1993-1994 1994-1995 1995-1996 1996-1997 1997-1998 1998-1999 1999-2000 2000-2001 2001-2002 1989 thru 2002 Thirteen yr history 2002-2003 Developed & PARK NAME ACRES Maintained by Parks Bear Creek Park Bowers Office Chateau Park City Hall Fire Station #1 Fire Station #2 Generations Plaza Golf Course NW 8th Park Parking Lot Broadway Parking Lot Pine Police Station @ Locust Grove Settlers Park Settlers Water Tank Storey Park Tulley Park Pine Street School Pathway - Fothergill Pathway - 5 mile creek Pathway - Blackstone North Curve Main Street Medians Downtown Trees Neighborhood Community Parks Un-Developed as of 9/30/2002 Population Single Family Residential Multi Family Residential per Compass 2002 per 2000 Census Acquisition Cost per Acre Develop Cost per Acre TOTAL Service Cost per Acre to determine the cost of a Neighborhood Park per person: Current Un-Developed parkland Kiwanis Park(Thousand Springs) acres Autumn Faire TOTAL undeveloped Neighborhood Park Acres Parks that are not City owned & operated Fuller Park City Acres TOTAL Acres current developed acres of Neighborhood Parks divided by one for each 1000 current residents equals number of acres per 1000 residents If the City is donated or already owns the Land that will reduce the development cost by 26.32% divided by TOTAL Service Cost equals percentage of Acquisition plus an allocation for the current undeveloped acres TOTAL developed acres of Neighborhood Parks total acres currently undeveloped times the percentage that the TOTAL Service Cost is reduced (26.32%) by not having to purchase the land allocation for current undeveloped acres: equals an allocation to be added to current developed acres see below COMMUNITY PARKS NEIGHBORHOOD PARKS to determine the cost of a Community Park per person: = Neighborhood Park Standard times TOTAL Service Cost to develop an acre divided by 1000 residents equals the cost to develop an acre per person times the # of persons per Single Family dwelling equals the cost to develop an acre per Single Family dwelling = Single Family Dwelling cost for Neighborhood Park cost to develop per person times Multi Family dwelling = Multi Family Dwelling cost for Neighborhood Park equals the cost to develop an acre per Multi Family dwelling = Community Park Standard TOTAL developed acres of Community Parks current developed acres of Community Parks = Single Family dwelling cost for Community Park = Multi Family dwelling cost for Community Park Tully Park develop costs budget in FY03 TOTAL cost per acre Generations Plaza Skate Park @ Tully Impact Fee for Single Family Residence Impact Fee for Multi Family Resident IMPACT FEE each year the following numbers will have to re-evaluated note: a change will also affect the percentage of acquisition non impact fee capital projects City Share percentage Proportionate Share: to credit the impact fee for the share paid by General Fund Taxes Resident average household homeowner exemption taxable average household times levy rate .002963901 FY2002 Parks Total Expenditures Parks Land&Development paid by Tax Funds FY2002 actual from impact ledger TOTAL FEE land cost is 26.32% of TOTAL Service Cost less Proportionate Share less General Fund Share General Fund Revenues plus admin fee this is based on what land we have developed at a cost of today - not the cost we paid to develop these acres 50-75% of the actual cost to develop per acre City of Meridian Park Impact Fees per Ordinance #723 updated as of: EXPENDITURES Receipts Interest Impact Fees Paid by PAID by the CITY DATE DESCRIPTION 10% admin Earnings Balance Development purchase 59.85acres less 2 for Resevoir @ Meridian&Ustick Nov-95 Total FY96 Impact Fees collected FY96 Total FY97 FY97 Total FY98 FY98 Total FY99 Develop Tully Park Develop Generations Plaza I FY99 Total FY00 Purchase Generations Plaza II Chateau Park - Tile ditch CIP - 5mile Pathway CIP - Bear Creek Park CIP - Generation Plaza II CIP - 56 Acre Park FY00 Total FY01 CIP - Skate Park CIP - Chateau Park FY01 Total FY02 Land Purchase Impact Fees collected thru Sep02 FY02 Total Grand Total Budgeted 2001 Spent FY2001 Budgeted FY2002 Spent FY2002 Balance approved to spend available balance Budgeted FY2003 Tax Revenue per audits Develop Chateau Park 5yr tax revenue tax revenue develop costs not paid by impact fees 5 years parks develop % of tax revenue equals FY2002 actual 5yrs develop cost pd by city 5yrs tax revenue First we must establish a Neighborhood & Community Park Standard by dividing the current developed park acres by the number of residents. Then we take the standard or acres per 1000 times the cost to develop an acre of park land. This establishes a cost per person, times the average # of persons per dwelling less the proportionate share to determine the City share of park development costs 1 year history 5 year history numbers in yellow will need to be updated every 2 years HISTORY of City Park Development costs % of cost Cost Maximum Fee Proposed Impact Fee Lochsa Falls Borup McDermott property in comp plan not in comp plan in comp plan at 36 acres current acres Police Station per COMPASS 4/1/2002 per Dave Selvage @ Boise will request the maximun allowable impact fee. Then council needs to determine the percentage of General Fund tax that City will fund. Borup can the acreage include land to be purchased in 2003? Has the parks comp plan been approved? our acreage doesn't match the city comp plan should we charge an admin fee? AVERAGE Kiwansis Park (Thousand Springs) Parkstone Park see the "cityland" tab see "cityland" tab note this is using 5yr history @ 11% Parkstone Inkind donations by developers NA G. Adjusted Development Impact Fee: Homeowners proportionate share = the portion of their tax dollars used to develop City parks City's proportionate share = the tax dollars the City expended to develop parks subject to the impact fees in the last 5 years Neighborhood parks Community parks Impact Fee $/Person Single-Family $/Residence SUBTOTAL Homeowner Proportionate Share City Share of development costs Description Note this share is @ 20% Bill, do we need to explain how we got to the proportionate share in the ordinance? CIP surcharge Impact Fee Committee recommended the "surcharge" be $20.00 per permit which will pay for the Capital Improvement Plan update every 3-5 years. They also recommend the City percentage be 20%. another way we could calculate proportionate share would be to take the total tax dollars budgeted to receive divided by FY2002 L-2 Tax Dollars times % of Gen Fund expended for Land&Development the total population, times the average number in a single household, times the percentage of General Fund tax expended on Land & Development. population average household City Tax per Household City pd for Land & Development = 345.17 x 11% If we calculate the proportionate share this way the fee will reduce by $12.20 5yr history Note this fee is for CIP update costs only Compass adds in new building permits and discounts by the vacancy rate worksheet created by Reta Parks projects based on fixed asset listing Year to Date 06/30/2003 developments subject to impact fees MIP GL ACTUAL Acct# Project FY95 FY03 Five Mile Pathway Tully Park development Park - Storey Improvements 8th St Park Improvements Tennis Courts Skate Park Chamber Restrooms Adventure Island Equipment Park - Bear Creek Park - Settlers Park Kiwanis Park Purchase Park Land donated land TOTALS Use of General Funds Property Tax Revenue % of Parks development pd by Tax 5year average less donated land actual dollars spent by City first slide could be the history of our impact fees and an explanation of the use of impact fees (let me know if you need more history of dollars spent) 2nd slide could be the calculation used for our proposed impact fee then the next slides can explain each section of the calculation TYPE OF RESIDENCE average household assessed value times % of tax revenue City to contribute 20% of park land purchases and development Admin fee of $20.00 per new residence will be used to update the Parks comprehensive plan explain that the fee would be updated every other year by revising the following: population & numbers per residence based on Compass land and development costs current developed and undeveloped land current average assessed value of a Meridian home current tax levy BUDGETED Use of Impact Fees ACTUAL paid by impact fees slide Old New Difference Single Family Page of ?9?/?30?/?2002 0.90 ?11?/?1?/?1995 $1,178,469.00 1178469.00 $0.00 9.00 $0.00 9.00 $0.00 9.00 ($1,178,469.00) $1,178,469.00 9.00 $0.00 9.00 $48,066.59 2106.00 45960.59 $21,869.33 $196,824.01 ($959,775.66) $21,869.33 9.00 $196,824.01 9.00 $0.00 9.00 $0.00 9.00 $48,066.59 $66,919.70 $18,318.37 $45,988.33 $413,895.43 ($499,891.90) $45,988.33 9.00 $413,895.43 9.00 $0.00 9.00 $0.00 9.00 $85,238.07 $611,013.45 611013.45 $6,031.73 $53,739.98 $483,660.46 $37,508.54 $53,739.98 9.00 $483,660.46 9.00 $0.00 9.00 $0.00 9.00 $617,045.18 1.00 $37,508.54 $249,851.65 120067.83 129783.82 $18,902.10 $37,508.54 $148,476.90 131135.14 17341.76 $44,822.69 $403,405.03 $485,736.26 $44,822.69 9.00 $403,405.03 9.00 $0.00 9.00 $0.00 9.00 $417,230.65 2.00 $485,736.26 $46,947.57 $485,736.26 $59,988.63 $485,736.26 $129,232.00 $485,736.26 $3,206.95 $485,736.26 $15,582.66 $485,736.26 $13,300.00 $39,153.70 9165.90 9695.66 10702.40 9589.74 $353,972.74 88479.93 81274.43 96321.24 87897.14 $29,402.54 3665.63 14922.21 10814.70 $908,265.24 $39,153.70 9.00 $353,972.74 9.00 $29,402.54 9.00 $0.00 9.00 $268,257.81 3.00 $908,265.24 $22,282.12 $653,702.24 $254,563.00 254563.00 $8,876.46 $653,702.24 $95,120.57 $632,122.88 $21,579.36 21579.36 $42,500.00 $631,822.20 $300.68 300.68 $12,600.00 $624,926.21 $6,895.99 6895.99 $10,020.77 $46,082.07 $414,738.66 460820.73 $58,708.41 $1,144,455.35 $46,082.07 9.00 $414,738.66 9.00 $58,708.41 9.00 $283,339.03 9.00 $191,399.92 4.00 $1,126,509.02 $17,946.33 5480.00 2850.64 6218.75 2778.00 618.94 $24,988.85 24880.85 108.00 $1,126,509.02 $933,581.28 933581.28 $990,714.61 $135,794.41 $70.29 $669,305.11 $321,409.50 $1,523.00 $663,365.11 $5,940.00 $38,156.01 $343,404.05 $40,935.52 $1,085,860.69 $38,156.01 9.00 $343,404.05 9.00 $40,935.52 9.00 $1,085,860.69 $481,090.24 9.00 $960,163.42 5.00 $289,812.11 9.00 $2,609,900.38 9.00 $129,046.47 9.00 $1,085,860.69 $1,942,898.27 $2,587,401.64 2454096.98 $885,736.00 $283,339.03 $400,000.00 $481,090.24 $521,306.73 $564,553.96 1996.00 2150960.00 2146116.00 4844.00 48066.59 1997.00 2838895.00 2830671.00 8224.00 85238.07 1998.00 1.00 3281848.00 3272821.00 9027.00 617045.18 1999.00 2.00 3642678.00 3629953.00 12725.00 417230.65 2000.00 3.00 4239026.00 4223996.00 15030.00 268257.81 2001.00 4.00 4781201.00 4766774.00 14427.00 191399.92 2002.00 5.00 5563270.00 5544929.00 18341.00 960163.42 21508023.00 2454096.98 0.11 Reta Cunningham: take 1/2 the expenditures paid out for each of FY2001 Park projects - to be paid by the Park Impact Fees - the other half to be paid with City Capital Improvement Funds F file,Kathleen,Excel,Payables,Vendors,FY02 Inspectors,Bldg History 214.00 0.00 8.00 371.00 0.00 16.00 628.00 3.00 18.00 1008.00 5.00 14.00 1127.00 7.00 22.00 878.00 23.00 37.00 1109.00 11.00 39.00 868.00 0.00 19.00 1002.00 3.00 32.00 849.00 0.00 34.00 739.00 8.00 54.00 777.00 30.00 36.00 917.00 1.00 38.00 10487.00 91.00 367.00 92402.00 182436.90 110703.23 293140.13 93401.00 195769.12 22282.12 218051.24 93402.00 1032798.71 4444.00 1028354.71 17999.00 18866.88 1069664.59 93405.00 600.00 2787.51 30551.80 7575.76 22976.04 21783.93 8734.97 132160.07 126213.00 4755.00 327586.28 93407.00 14831.70 2264.00 1712.31 18808.01 93404.00 27180.50 27180.50 93409.00 78890.73 340819.35 29525.03 449235.11 93411.00 12900.68 135940.00 32689.59 181530.27 93412.00 74020.00 74020.00 96156.00 0.00 96902.00 561581.59 518646.41 42935.18 27058.87 588640.46 96903.00 13300.00 64079.36 21579.36 42500.00 933806.28 455423.50 1466609.14 0.00 96900.00 1146069.00 46947.57 5940.00 5940.00 270257.32 1469213.89 60000.00 82962.00 69000.00 13962.00 111810.00 15000.00 60000.00 31500.00 5310.00 70308.00 567000.00 892080.00 1146669.00 62787.51 0.00 30551.80 1408941.31 539471.05 322309.42 2745320.22 819709.31 7075759.62 1146069.00 885736.00 400000.00 546000.00 2977805.00 600.00 62787.51 0.00 30551.80 1408941.31 539471.05 -563426.58 2345320.22 273709.31 4097954.62 1146069.00 92190.73 64079.36 730359.22 1111788.00 782264.72 2814963.03 2150960.00 2838895.00 3281848.00 3642678.00 4239026.00 4781201.00 5563270.00 0.03 0.00 9.31E-03 0.39 0.13 -0.12 0.42 0.17 4097954.62 892080.00 3205874.62 0.24 $293,140.13 182436.90 110703.23 $0.00 $293,140.13 $1,221,417.21 18.65 $1,069,664.59 $1,069,664.59 $57,354.67 $148,840.38 $10,000.00 $33,314.59 $192,154.97 $10,303.22 6.70 $419,710.08 340819.35 $38,000.00 $457,710.08 $68,314.94 18.34 $561,581.59 $94,982.00 819000.00 157018.00 567000.00 $146,000.00 $802,563.59 $43,760.28 26.81 $1,011,185.64 $742,114.72 131000.00 611114.72 $1,753,300.36 $65,397.25 70.74 $3,210,982.28 $104,982.00 $959,429.31 $4,568,533.72 $64,582.04 Preferred Customer: cost per acre considering skatepark and tully construction costs combined. Preferred Customer: this number includes carryforward of $611m+ and the additional funds budgeted of $131m Preferred Customer: this is their donated amount less land and impact fees we're refunding 18.34 18.34 18.34 18.34 18.34 0.69 0.50 6.70 6.70 6.70 1.07 0.25 1.94 0.13 0.58 0.13 0.24 0.24 119.18 4.61 4.61 4.61 0.24 0.24 0.24 0.24 10.00 2.00 58.19 59.85 1.66 26.80 31.39 26.80 1.66 1.66 20.08 15.08 5.00 15.08 18.68 18.68 18.68 9.27 9.27 0.13 0.13 1.08 1.08 2.60 2.60 1.30 1.30 0.13 0.13 0.13 0.13 6.00 6.00 6.90 6.90 29.00 29.00 30.10 30.10 1.00 1.00 350.06 101.94 22.17 95.49 11.31 78.90 350.06 101.94 22.17 95.49 11.31 78.90 Preferred Customer: 1/31/2003 per Elroy 34919.00 39744.00 2.93 2.67 $25,000.00 $70,000.00 $95,000.00 $25,000.00 $95,000.00 0.26 9.27 95.49 6.00 6.90 22.17 95.49 $960,163.42 927892.90 32270.52 $2,454,096.98 $5,563,270.00 $21,508,023.00 0.17 0.11 $39.38 5563270.00 $166,458.33 131458.33 35000.00 0.29 1629001.00 ($50,000.00) 0.17 960163.42 $116,458.33 $345.17 2.96E-03 $39.38 $6,132,431.00 $39,744.00 $2.93 $452.09 0.11 $51.58 Preferred Customer: update annually by contacting Compass and requesting their latest numbers Preferred Customer: rec'd average building cost from Building Dept $120.07 $728.55 $848.62 $39.38 $809.23 $161.85 20.00 $647.39 $20.00 $667.39 0.76 $109.42 $663.90 $773.31 $39.38 $733.93 $146.79 20.00 $587.14 $20.00 $607.14 0.76 39744.00 2.93 2.67 $25,000.00 $70,000.00 $95,000.00 11.31 5.83 17.14 39.74 1000.00 $0.43 $95,000.00 1000.00 $40.98 2.93 $120.07 $2.67 $109.42 78.90 25.13 104.02 39.74 1000.00 2.62 $95,000.00 1000.00 $248.65 2.93 $728.55 2.67 $663.90 $25,000.00 $95,000.00 0.26 22.17 95.49 0.26 0.26 5.83 25.13 9.27 30.10 29.00 31.39 5.00 6.00 6.90 22.17 95.49 Preferred Customer: update annually by contacting Compass and requesting their latest numbers $40.98 $120.07 $109.42 $248.65 $728.55 $663.90 $20.00 $20.00 $289.63 $868.62 $793.31 0.11 ($39.38) ($39.38) 0.20 ($161.85) -1.00 ($146.79) -1.00 $667.39 $607.15 1.00 2.00 $481.65 $667.39 $185.74 $370.50 $607.14 $236.64 3.00 $120.07 $120.07 $109.42 $109.42 4.00 $120.07 $848.62 $109.42 $773.31 5.00 $848.62 $39.38 $161.85 $667.39 $773.31 $39.38 $146.79 $607.14 $39.38 $166,458.33 ($50,000.00) $116,458.33 $345.17 0.11 $39.38 6.00 $848.62 $39.38 $161.85 $667.39 $773.31 $39.38 $146.79 $607.14 7.00 $848.62 $39.38 $161.85 $667.39 $773.31 $39.38 $146.79 $607.14 8.00