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2020-01-24IMPACT FEE ADVISORY COMMITTEE C> ENI D I A N , MEETING AGENDA IDAHO City Hall Council Chambers 33 E. Broadway Avenue Meridian, Idaho 83642 Friday January 24, 2020 @ 2:00pm 1. Roll -Call Attendance X _ David Fulkerson _ TBD - Vacant X John Nesmith X —Josh Cummings _O_ Spencer Martin Non Roll Call Attendance: Steve Siddoway, Joe Bongiorno, Jenny Fields, Brad Purser X Jon Wardle "Butch" Weedon 2. FY2019 Actual Financial Results a. Staff provided Impact Fee fiscal year actual results with fund balance position b. Committee would like to know how the actual revenues collected as compared to projected (budget) for FY2019. c. Committee would like an expansion of the fund balance forecast based on permit sales projections and future Impact Fee eligible projects. d. Committee would like to know what the FY2020 Revenue projections (budget) would have been using the previous Impact Fee method of calculation. 3. Permitting Trend Data a. Staff provided Residential and Multi -Family building permit sales data for the last 15 years 4. Growth Projections a. Staff provided Permit Sales and Population projections for the next 10 years. b. Committee would like to know if the 119,139 population was what COMPASS had for 2020. c. Committee would like to know why projections for population growth continues to increase, while permit sales projection decreases. 5. Adjourn Start Time: 2:05pm End Time: 2:26pm Impact Fee Advisory Committee Meeting Agenda — Friday, January 31, 2020 Page 1 of 1 All materials presented at public meetings shall become property of the City of Meridian. Anyone desiring accommodation for disabilities related to documents and/or hearing, Please contact the City Clerk's Office at 888-4433 at least 48 hours prior to the public meeting. Impact Fee Fiscal Year Actual Results with Fund Balance Position Revenue Impact Rev - Multifamily Impact Rev - Commercial Impact Rev - Residential Interest Earnings Total Revenue Operating Expenses Professional Services Total Operating Expenses Capital Outlay Police Station - NW Precinct Police Station Expansion Public Safety Training Center Total Capital Outlay Total Expenditures Beginning Fund Change to Fund Balance Ending Fund Balance $ 1,000 $ $ $ $ 1,971 $ 4,168 $ 7,140 $ 1,000 $ $ $ $ 1,971 $ 4,168 $ $ 7,140 $ 500,000 $ 500,000 $ 1,000,000 $ 1,000,000 $ 500,000 $ $ $ $ $ $ 805,000 $ 1,305,000 $ 500,000 $ $ $ $ $ $ 2,305,000 $ 2,805,000 $ 501,000 $ - $ - $ - $ 1,971 $ 4,168 $ 2,305,000 $ 2,812,139 $ 640,687 $ 308,143 $ 545,562 $ 801,948 $ 1,172,284 $ 1,855,201 $ 2,683,318 $ (332,544) $ 237,418 $ 256,386 $ 370,336 $ 682,917 $ 828,117 $ (1,945,127) 0.00 $ 97,504 $ 308,143 $ 545,562 $ 801,948 $ 1,172,284 $ 1,855,201 $ 2,683,318 $ 738,191 Fire Department Revenue Police Department FY2015 FY2016 FY2017 FY2014 FY2015 FY2016 FY2017 FY2018 FY2019 FY2020 Budget Total $ 99,193 $ 24,430 $ 92,018 $ 237,643 $ 183,306 $ 34,252 $ 571,649 $ 35,557 $ 43,436 $ 46,929 $ 85,214 $ 86,596 $ 130,411 $ 59,546 $ 487,688 $ 132,900 $ 193,982 $ 185,028 $ 193,105 $ 344,755 $ 471,370 $ 266,075 $ 1,787,214 788,464 $ 751,080 $ 784,173 $ 1,144,616 $ 15,894 $ 47,198 1,213,091 $ 63,092 $ 168,456 $ 237,418 $ 256,386 $ 370,336 $ 684,889 $ 832,285 $ 359,873 $ 2,909,644 $ 1,000 $ $ $ $ 1,971 $ 4,168 $ 7,140 $ 1,000 $ $ $ $ 1,971 $ 4,168 $ $ 7,140 $ 500,000 $ 500,000 $ 1,000,000 $ 1,000,000 $ 500,000 $ $ $ $ $ $ 805,000 $ 1,305,000 $ 500,000 $ $ $ $ $ $ 2,305,000 $ 2,805,000 $ 501,000 $ - $ - $ - $ 1,971 $ 4,168 $ 2,305,000 $ 2,812,139 $ 640,687 $ 308,143 $ 545,562 $ 801,948 $ 1,172,284 $ 1,855,201 $ 2,683,318 $ (332,544) $ 237,418 $ 256,386 $ 370,336 $ 682,917 $ 828,117 $ (1,945,127) 0.00 $ 97,504 $ 308,143 $ 545,562 $ 801,948 $ 1,172,284 $ 1,855,201 $ 2,683,318 $ 738,191 Fire Department Revenue FY2014 FY2015 FY2016 FY2017 FY2018 FY2019 FY2020 Budget Total Impact Rev - Multifamily $ - $ $ 99,193 $ 373,625 $ 774,350 $ 559,782 $ 157,279 $ 1,964,229 Impact Rev - Commercial $ 147,860 $ 179,964 $ 194,428 $ 353,028 $ 304,358 $ 419,897 $ 235,928 $ 1,835,463 Impact Rev - Residential $ 572,860 $ 788,464 $ 751,080 $ 784,173 $ 1,144,616 $ 1,439,177 $ 1,213,091 $ 6,693,460 Interest Earnings $ 63,577 $ 167,911 $ 231,488 Total Revenue $ 720,720 $ 968,428 $ 1,044,700 $ 1,510,826 $ 2,286,901 $ 2,586,767 $ 1,606,298 $ 10,724,640 Operating Expenses Equipment & Supplies $ 18,493 $ - $ - $ - $ - $ 14,040 $ 32,533 Professional Services $ 6,000 $ $ $ $ 6,093 $ 12,882 $ 24,975 Total Operating Expenses $ 24,493 $ $ $ $ 6,093 $ 26,922 $ $ 57,508 Capital Outlay Fire Station #6 $ 290,914 $ 3,089,762 $ 2,830,015 $ 6,210,691 Fire Engine Station #6 $ 676,867 $ 22,742 $ 699,609 Communication Equipement St#6 $ 38,273 $ - $ 38,273 Total Capital Outlay $ - $ $ $ $ 1,006,054 $ 3,112,504 $ 2,830,015 $ 6,948,573 Total Expenditures $ 24,493 $ $ $ $ 1,012,147 $ 3,139,426 $ 2,830,015 $ 7,006,081 Beginning Fund $ 887,862 $ 1,584,088 $ 2,552,516 $ 3,597,216 $ 5,108,043 $ 6,382,796 $ 5,830,138 Change to Fund Balance $ 696,226 $ 968,428 $ 1,044,700 $ 1,510,826 $ 1,274,754 $ (552,659) $ (1,223,717) - $ 3,718,558 Ending Fund Balance $ 1,584,088 $ 2,552,516 $ 3,597,216 $ 5,108,043 $ 6,382,796 $ 5,830,138 $ 4,606,420 FAImpact Fees\lmapct Fee Fiscal Year End Actuals with Rolling Fund Balance Parks Department Revenue FY2014 FY2015 FY2016 FY2017 FY2018 FY2019 FY2020 Budget Total Impact Rev - Multifamily $ - $ - $ 138,154 $ 520,379 $ 1,218,174 $ 914,886 $ 475,680 $ 3,267,272 Impact Rev - Residential $ 1,646,420 $ 1,429,618 $ 1,471,941 $ 1,537,865 $ 1,991,725 $ 2,341,752 $ 3,672,532 $ 14,091,852 Cash Donations for Capital $ 2,267 $ 2,273 $ 2,227 $ 425,000 $ $ 136,202 $ 15,000 $ 576,202 Interest Earnings $ 15,540 $ 30,411 $ 87,023 $ 129,414 $ 146,976 $ 99,800 $ 60,871 $ 509,164 Unrealized Gain on Investments $ (5,821) $ 16,835 $ (562) $ (27,633) $ (75,156) $ 803,744 Unrealized Gain on Investments $ (5,821) $ (92,337) Total Revenue $ 1,656,139 $ 1,476,864 $ 1,696,555 $ 2,585,025 $ 3,281,719 $ 3,492,640 $ 4,163,212 $ 18,352,154 Operating Expenses FY2014 FY2015 FY2016 FY2017 FY2018 FY2019 FY2020 Budget $ 125,519 Impact Rev - Multifamily $ - $ - Professional Services $ 15,340 $ 1,657,974 $ 667,211 $ 5,803,150 Impact Rev - Commercial $ 9,856 $ 20,839 $ 241,356 $ 46,035 Investment Services $ 3,062 $ 2,606 $ 2,256 $ 2,267 $ 2,273 $ 2,227 $ 144 $ 14,836 Total Operating Expenses $ 18,402 $ 2,606 $ 2,256 $ 2,267 $ 12,130 $ 23,066 $ 144 $ 60,871 Capital Outlay $ 129,414 $ 226,447 $ 314,909 $ - $ 803,744 Unrealized Gain on Investments $ (5,821) $ 16,835 $ (562) $ (27,633) $ (75,156) Cap Outlay - Bldgs & Struct $ - $ (92,337) Total Revenue $ 2,545,315 $ 638,000 $ 2,997,641 $ 4,466,187 $ 6,253,508 $ 6,911,692 $ 638,000 Improvements at Storey Park $ 23,144 $ 334,823 $ 357,967 Borup Property Construction $ - $ 3,141 $ 160 $ 87,957 $ 23,966 $ 115,224 Keith Bird Park Construction $ - $ 62,361 $ 1,028,549 $ 290,926 $ - $ 1,381,836 Settlers Park Construction $ 609,989 $ 128,364 $ 738,353 Discovery Park Construction $ 104,106 $ 57,394 $ 53,371 $ 388,103 $ 3,798,382 $ 830,145 $ 715,000 $ 5,946,500 Reta Huskey Park $ 736 $ 22,671 $ 1,347,214 $ 124,266 $ - $ 1,494,887 Hillsdale Park Construction $ 5,187 $ 12,170 $ 1,181,579 $ 386,932 $ - $ 1,585,868 Total Capital Outlay $ 737,239 $ 526,504 $ 791,714 $ 3,945,605 $ 4,688,463 $ 854,111 $ 715,000 $ 12,258,635 Total Expenditures $ 755,641 $ 529,110 $ 793,970 $ 3,947,872 $ 4,700,593 $ 877,177 $ 715,144 $ 12,319,507 Beginning Fund $ 4,875,481 $ 5,775,979 $ 6,723,733 $ 7,626,319 $ 6,263,471 $ 4,844,597 $ 7,460,060 Change to Fund Balance $ 900,498 $ 947,754 $ 902,586 $ (1,362,848) $ (1,418,873) $ 2,615,463 $ 3,448,068 - $ 6,032,647 Ending Fund Balance $ 5,775,979 $ 6,723,733 $ 7,626,319 $ 6,263,471 $ 4,844,597 $ 7,460,060 $ 10,908,128 IMPACT FUND 07 SUMMARY Total Operating FY2014 FY2015 FY2016 FY2017 FY2018 FY2019 FY2020 Budget $ 125,519 Impact Rev - Multifamily $ - $ - $ 261,776 $ 986,022 $ 2,230,167 $ 1,657,974 $ 667,211 $ 5,803,150 Impact Rev - Commercial $ 183,417 $ 223,400 $ 241,356 $ 438,242 $ 390,954 $ 550,309 $ 295,474 $ 2,323,152 Impact Rev - Residential $ 2,352,180 $ 2,412,064 $ 2,408,048 $ 2,515,142 $ 3,481,096 $ 4,252,299 $ 5,151,698 $ 22,572,527 Cash Donations for Capital $ - $ - $ - $ 425,000 $ - $ 136,202 $ 15,000 $ 576,202 Interest Earnings $ 15,540 $ 30,411 $ 87,023 $ 129,414 $ 226,447 $ 314,909 $ - $ 803,744 Unrealized Gain on Investments $ (5,821) $ 16,835 $ (562) $ (27,633) $ (75,156) $ - $ - $ (92,337) Total Revenue $ 2,545,315 $ 2,682,710 $ 2,997,641 $ 4,466,187 $ 6,253,508 $ 6,911,692 $ 6,129,383 $ 31,986,437 Total Operating $ 43,895 $ 2,606 $ 2,256 $ 2,267 $ 20,194 $ 54,156 $ 144 $ 125,519 Total Capital $ 1,237,239 $ 526,504 $ 791,714 $ 3,945,605 $ 5,694,517 $ 3,966,615 $ 5,850,015 $ 22,012,208 Total Expenditures $ 1,281,135 $ 529,110 $ 793,970 $ 3,947,872 $ 5,714,711 $ 4,020,771 $ 5,850,159 $ 22,137,728 Beginning Fund $ 6,404,030 $ 7,668,211 $ 9,821,811 $ 12,025,482 $ 12,543,797 $ 13,082,595 $ 15,973,516 Change to Fund Balance $ 1,264,181 $ 2,153,600 $ 2,203,671 $ 518,315 $ 538,798 $ 2,890,921 $ 279,224 $ 9,848,710 Ending Fund Balance $ 7,668,211 $ 9,821,811 $ 12,025,482 $ 12,543,797 $ 13,082,595 $ 15,973,516 $ 16,252,740 - FAImpact Fees\lmapct Fee Fiscal Year End Actuals with Rolling Fund Balance W J a W a C7 z 0 m a LL i J c� G 0 z a J a z W 0 7A W O O O 0 0 0 In o Ln m m N 0 0 0 0 o In o In 1 1 N ri r -I 76 :4-J CA VY W J a oc W a l7 z m J a LL J c_ G z a J a z W in W IM O O O O O O O 0 � rr4 0 00 w qT N 0) LL 00 LL n } LL LL Ln } LL LL m LL N ri } LL r-1 LL O ri } LL m O } 00 0 } 0 O O } 10 V3 W J a oc W a C7 z D m J LL J S� G Z a J a z W 0 7A W cc (31 } 00 LL n LL LD } Ln u. m U- r -I k O L.L O } LL 00 min,o } U- 0 U - MMM U- O Ln O } U- O Ln O Ln O Ln O Ln m m ni r14 ri m 0 200,000 180,000 160,000 140,000 120,000 100,000 80,000 60,000 40,000 20,000 Population Projection tig do titi ti� �� �� ti� ti� ti� ti��ti I �� �� �� M� � �g §1 yo yn yo yo yo yo do yo yo i T ,yo do ,yo yo yo yo yo yo yo yo 41 lac >ac _aP IaP >ac >ac -Growth Committee Data PERMIT SALES _ M co 0 N � 0 N 0 N � .ti N ti N ti N ti N ti O ti N I 1 O N 1 O 1+ N f1 V7 N 1 h N rq 1 n v7 N 1 n v7 N 1 CY2020 CY2021 CY2022 CY2023 CY2024 CY2025 CY2026 CY2027 CY2028 CY2029 ■Residential ■Multi -family Actual Revenues as compared to Budget .WS Budget Actual Variance Budget FY2019 FY2019 FY2019 FY2020 Multifamily $ 29,336 $ 183,306 $ 153,970 524.85% $ 34,252 Commercial $ 20,000 $ 130,411 $ 110,411 552.06% $ 59,546 Residential $ 166,237 $ 471,370 $ 305,133 183.55% $ 266,075 Investment Interest $ - $ 47,198 $ 47,198 $ - Total Revenues $ 215,573 $ 832,285 $ 616,712 286.08% $ 359,873 Fire Budget Actual Variance Budget FY2019 FY2019 FY2019 FY2020 Multifamily $ 119,114 $ 559,782 $ 440,668 369.95% $ 157,279 Commercial $ 60,000 $ 419,897 $ 359,897 599.83% $ 235,928 Residential $ 674,978 $ 1,439,177 $ 764,199 113.22% $ 1,213,091 Investment Interest $ - $ 167,911 $ 167,911 $ - Total Revenues $ 854,092 $ 2,586,767 $ 1,732,675 202.87% $ 1,606,298 Police Budget Actual Variance Budget FY2019 FY2019 FY2019 FY2020 Multifamily $ 165,899 $ 914,886 $ 748,987 451.47% $ 475,680 Commercial $ - $ - $ - $ 3,672,532 Residential $ 1,323,720 $ 2,341,752 $ 1,018,032 76.91% $ 15,000 Investment Interest $ 15,000 $ 236,002 $ 221,002 1473.34% $ - Total Revenues $ 1,504,619 $ 3,492,640 $ 1,988,021 132.13% $ 4,163,212 Total City $ 2,574,284 $ 6,911,692 $ 4,337,408 168.49% $ 6,129,383 Fund Balance Forecast based on Permit Sales Fund Balance 10/1/2019 Revenue (10 Years) Expenses (10 Years) Fund Balance 9/30/2029 Police Fire Parks Totals $ 2,683,318 $ 5,830,138 $ 7,460,060 $ 15,973,516 $ 2,158,308 $ 9,849,488 $ 29,814,614 $ 41,822,410 $ 4,740,000 $ 14,090,000 $ 28,806,000 $ 47,636,000 $ 101,626 $ 1,589,626 $ 8,468,674 $ 10,159,926 Below data represents the information submitted via the Imapact Fee Study report in 2018/2019. Parks and Recreation Capital Facilities Plan Meridian, Idaho Needed Planned Improved Acres F102.3 151 Building Sq Ftl 17,096 1 22,000 FV Description Amount Units Cost 2020 West Meridian Regional Park -Design $500,000 2022 West Meridian Regional Park -Construction 47 acres $5,147,500 2021 New Community Center - Design & Construction Documents $2,000,000 $500,000 2023 New Community Center - Construction 22,000 square feet $5,000,000 2027 Margaret AldaePark-Desi n $994,000 2029 MargaretAldapePark-Construction 70 acres $10,012,500 2021 Discovery Park, Phase 2 - Design $500,000 2023 Discovery Park, Phase 2 - Construction 25 $5,160,000 2023 Discovery Park, Phase 3 - Design $500,000 2025 Discovery Park, Phase 3 - Construction 25 acres $5,160,000 2022 Brundage/Graycliff Park - Design $185,000 2024 Brunda e/Gra cliffPark-Construction 9 acres $1,906,500 2021 lAdditional Land Acquisition I 5 acres $525,000 Tota I Cost => $36,090,500 Growth Cost Funded by Impact Fees => $28,806,000 Growth Share=> 80% Existing Development Share to be Funded by Other Revenues => $7,284,500 Police - Infrastructure Improvement Plan Impact Fee Eligible Projects Meridian, Idaho Buildings Description Square Feet Total Cost Trai ni ng Faci I ity Classroom 3,000 $1,000,000 Administrative Building Expansion Phase 1 3,000 $1,000,000 Administrative Building Expansion Phase 2 3,000 $1,000,000 Substation 6,000 $2,000,000 Total => 15,000 $5,000,000 Cost per Square Foot => $33: Outdoor Facilities Description Cost Dutdoor Training Facility $3,000,00( Tota I => Growth Cost Funded by Impact Fees => Growth Share Funded by Impact Fees => Share to be Funded by Other Revenues => Fire Capital Facilities Plan Meridian, Idaho •11 frelfJ611• • - wmffiflm Purchase Land for Fire Station #7 $500,000 Desi gn Fire Station #7 1 $800,000 Build Fi re Stati on #7 1 12,500 $5,387,500 Purchase Land for Fire Station #8 $250,000 Desi gn Fire Station #8 $800,000 Build Fire Station #8 12,500 $5,637,500 Total => 25,000 $13,375,000 Cost per Sq Ft Based on Stations #7 & #8 => $535 Tota I => 9 $4,375,000 Tota I => Growth Cost Funded by Impact Fees => Growth Share => Funded by Other Revenues => $17,750,000 $14,090,000 79% $3,660,000 $8,000,000 $4,740,000 59% $3,260,000 Quint Truck 1 $1,600,000 Heavy Rescue Vehicle 1 $800,000 Fire Engine Station #7 1 $572,000 Fire Engine Station #8 1 $572,000 Vehicle for EMS Captain 1 $63,000 Vehi cl e for Fi re Inspector/Investi gator 1 $63,000 Vehiclefor Battalion Chiefs 1 $63,000 Alternative Response Unit 2 $642,000 Tota I => 9 $4,375,000 Tota I => Growth Cost Funded by Impact Fees => Growth Share => Funded by Other Revenues => $17,750,000 $14,090,000 79% $3,660,000 $8,000,000 $4,740,000 59% $3,260,000 What is the FY2020 revenue comparison between the current rates and old rates? FY2020 FY2021 FY2022 FY2023 FY2024 FY2025 FY2026 FY2027 FY2028 FY2029 FY2030 Previous Impact Fee Rev. Calcs. $ 5,143,350 $ 4,235,700 $ 3,630,600 $ 3,025,500 T3,025,500 $ 2,922,633 $ 2,777,288 $ 2,777,288 $ 2,777,288 $ 2,777,288 $ 2,777,288 $ 35,869,723 Current Impact Fee Rev. Calcs. $ 6,873,910 $ 5,749,122 $ 4,904,480 $ 4,125,150 $ 4,125,150 $ 3,984,895 $ 3,786,723 $ 3,786,723 $ 3,786,723 $ 3,786,723 $ 3,786,723 $ 48,696,320 Single Family-W1,683'Morr i� -- �-- 1,120 Multi -family 610 417 380 280 280 270 257 257 257 257 257 2,550 2,100 1,800 1,500 1,500 1,449 1,377 1,377 1,377 1,377 1,377 Previous Impact Fee Rates Adopted Single Multi -Family Rate - Fire FY2020 FY2021 FY2022 FY2023 FY2024 FY2025 FY2026 FY2027 FY2028 FY2029 FY2030 Impact Fee Revenue Calculations - By Department $ 1,113 $ 1,113 $ 1,113 $ 1,113 $ 1,113 $ 1,113 $ 1,113 $ 1,113 $ 1,113 Adopted Single Family Rate - Fire $ 681 $ 681 $ 681 $ 681 $ 681 $ 681 $ 681 $ 681 $ 681 $ 681 $ 681 Adopted Single Family Rate - Parks $ 1,113 $ 1,113 $ 1,113 $ 1,113 $ 1,113 $ 1,113 $ 1,113 $ 1,113 $ 1,113 $ 1,113 $ 1,113 Adopted Single Family Rate - Police $ 223 $ 223 $ 223 $ 223 $ 223 $ 223 $ 223 $ 223 $ 223 $ 223 $ 223 Adopted Single Family Rate $ 2,017 $ 2,017 $ 2,017 $ 2,017 $ 2,017 $ 2,017 $ 2,017 $ 2,017 $ 2,017 $ 2,017 $ 2,017 Adopted Single Multi -Family Rate - Fire $ 681 $ 681 $ 681 $ 681 $ 681 $ 681 $ 681 $ 681 $ 681 $ 681 $ 681 Adopted Single Multi -Family Rate - Parks $ 1,113 $ 1,113 $ 1,113 $ 1,113 $ 1,113 $ 1,113 $ 1,113 $ 1,113 $ 1,113 $ 1,113 $ 1,113 Adopted Single Multi -Family Rate - Police $ 223 $ 223 $ 223 $ 223 $ 223 $ 223 $ 223 $ 223 $ 223 $ 223 $ 223 Adopted Single Multi -Family Rate $ 2,017 $ 2,017 $ 2,017 $ 2,017 $ 2,017 $ 2,017 $ 2,017 $ 2,017 $ 2,017 $ 2,017 $ 2,017 Single Family Permit Revenue - Fire Single Family Permit Revenue - Parks Single Family Permit Revenue - Police Single Family Permit Revenue $ 1,321,140 $ 1,146,123 $ 967,020 $ 830,932 $ 830,932 $ 802,680 $ 762,762 $ 762,762 $ 762,762 $ 762,762 $ 762,762 $ 8,391,498 $ 2,159,220 $ 1,873,179 $ 1,580,460 $ 1,358,043 $ 1,358,043 $ 1,311,869 $ 1,246,629 $ 1,246,629 $ 1,246,629 $ 1,246,629 $ 1,246,629 $ 13,714,740 $ 432,620 $ 375,309 $ 316,660 $ 272,097 $ 272,097 $ 262,845 $ 249,774 $ 249,774 $ 249,774 $ 249,774 $ 249,774 $ 2,747,877 $ 3,912,980 $ 3,394,611 $ 2,864,140 $ 2,461,071 $ 2,461,071 $ 2,377,395 $ 2,259,165 $ 2,259,165 $ 2,259,165 $ 2,259,165 $ 2,259,165 $ 24,854,115 Multi -Family Permit Revenue - Fire $ 415,410 $ 283,977 $ 258,780 $ 190,568 $ 190,568 $ 184,089 $ 174,934 $ 174,934 $ 174,934 $ 174,934 $ 174,934 $ 1,982,651 Multi -Family Permit Revenue - Parks $ 678,930 $ 464,121 $ 422,940 $ 311,457 $ 311,457 $ 300,868 $ 285,905 $ 285,905 $ 285,905 $ 285,905 $ 285,905 $ 3,240,369 Multi -Family Permit Revenue - Police $ 136,030 $ 92,991 $ 84,740 $ 62,403 $ 62,403 $ 60,282 $ 57,284 $ 57,284 $ 57,284 $ 57,284 $ 57,284 $ 649,238 Multi -Family Permit Revenue $ 1,230,370 $ 841,089 $ 766,460 $ 564,429 $ 564,429 $ 545,238 $ 518,123 $ 518,123 $ 518,123 $ 518,123 $ 518,123 $ 5,872,258 Total Projected Impact Fee Revenue $ 5,143,350 $ 4,235,700 $ 3,630,600 $ 3,025,500 $ 3,025,500 $ 2,922,633 $ 2,777,288 $ 2,777,288 $ 2,777,288 $ 2,777,288 $ 2,777,288 $ 30,726,373 Single Family-W1,683'Morr i� �- �-- 1,120 Multi -family 610 417 380 280 280 270 257 257 257 257 257 2,550 2,100 1,800 1,500 1,500 1,449 1,377 1,377 1,377 1,377 1,377 Current Impact Fee Rates FY2020 FY2021 FY2022 FY2023 FY2024 FY2025 FY2026 FY2027 FY2028 FY2029 FY2030 Impact Fee Revenue Calculations - By Department Adopted Single Multi -Family Rate - Parks $ 1,361 $ 1,361 $ 1,361 $ 1,361 $ 1,361 $ 1,361 $ 1,361 Adopted Single Family Rate - Fire $ 693 $ 693 $ 693 $ 693 $ 693 $ 693 $ 693 $ 693 $ 693 $ 693 $ 693 Adopted Single Family Rate - Parks $ 2,098 $ 2,098 $ 2,098 $ 2,098 $ 2,098 $ 2,098 $ 2,098 $ 2,098 $ 2,098 $ 2,098 $ 2,098 Adopted Single Family Rate - Police $ 152 $ 152 $ 152 $ 152 $ 152 $ 152 $ 152 $ 152 $ 152 $ 152 $ 152 Adopted Single Family Rate $ 2,943 $ 2,943 $ 2,943 $ 2,943 $ 2,943 $ 2,943 $ 2,943 $ 2,943 $ 2,943 $ 2,943 $ 2,943 Adopted Single Multi -Family Rate - Fire $ 450 $ 450 $ 450 $ 450 $ 450 $ 450 $ 450 $ 450 $ 450 $ 450 $ 450 Adopted Single Multi -Family Rate - Parks $ 1,361 $ 1,361 $ 1,361 $ 1,361 $ 1,361 $ 1,361 $ 1,361 $ 1,361 $ 1,361 $ 1,361 $ 1,361 Adopted Single Multi -Family Rate - Police $ 98 $ 98 $ 98 $ 98 $ 98 $ 98 $ 98 $ 98 $ 98 $ 98 $ 98 Adopted Single Multi -Family Rate $ 1,909 $ 1,909 $ 1,909 $ 1,909 $ 1,909 $ 1,909 $ 1,909 $ 1,909 $ 1,909 $ 1,909 $ 1,909 $ 490,380 $ 490,380 $ 490,380 $ 5,557,829 Single Family Permit Revenue - Fire $ 1,344,420 $ 1,166,319 $ 984,060 $ 845,574 $ 845,574 $ 816,824 $ 776,203 $ 776,203 $ 776,203 $ 776,203 $ 776,203 $ 8,539,366 Single Family Permit Revenue - Parks $ 4,070,120 $ 3,530,934 $ 2,979,160 $ 2,559,905 $ 2,559,905 $ 2,472,868 $ 2,349,890 $ 2,349,890 $ 2,349,890 $ 2,349,890 $ 2,349,890 $ 25,852,222 Single Family Permit Revenue - Police $ 294,880 $ 255,816 $ 215,840 $ 185,465 $ 185,465 $ 179,159 $ 170,249 $ 170,249 $ 170,249 $ 170,249 $ 170,249 $ 1,872,992 Single Family Permit Revenue $ 5,709,420 $ 4,953,069 $ 4,179,060 $ 3,590,944 $ 3,590,944 $ 3,468,852 $ 3,296,343 $ 3,296,343 $ 3,296,343 $ 3,296,343 $ 3,296,343 $ 36,264,581 Multi -Family Permit Revenue - Fire $ 274,500 $ 187,650 $ 171,000 $ 125,926 $ 125,926 $ 121,645 $ 115,595 $ 115,595 $ 115,595 $ 115,595 $ 115,595 $ 1,310,122 Multi -Family Permit Revenue - Parks $ 830,210 $ 567,537 $ 517,180 $ 380,856 $ 380,856 $ 367,907 $ 349,611 $ 349,611 $ 349,611 $ 349,611 $ 349,611 $ 3,962,391 Multi -Family Permit Revenue - Police $ 59,780 $ 40,866 $ 37,240 $ 27,424 $ 27,424 $ 26,491 $ 25,174 $ 25,174 $ 25,174 $ 25,174 $ 25,174 $ 285,315 Multi -Family Permit Revenue $ 1,164,490 $ 796,053 $ 725,420 $ 534,206 $ 534,206 $ 516,043 $ 490,380 $ 490,380 $ 490,380 $ 490,380 $ 490,380 $ 5,557,829 Total Projected Impact Fee Revenue $ 6,873,910 $ 5,749,122 $ 4,904,480 $ 4,125,150 $ 4,125,150 $ 3,984,895 $ 3,786,723 $ 3,786,723 $ 3,786,723 $ 3,786,723 $ 3,786,723 $ 41,822,410 Is the population number of 119,139 what COMPASS posted? No. The last COMPASS number posted was 114,680 for January 2019. The 119,139 is the City's projection for January 2020. The City will update their projections based on the latest COMPASS posting. Why is the Population Chart growing but the Permit Sales declining? The population chart is growing because the permit sales is "adding" every year which is a direct result to population being added. One cannot directly say that since the permit sales is going down, therfore populaton must go down. Population will continue to rise as we sell permits. The City also has to wait many years to see the impact on population after a permit is sold. 200,000 180,000 160,000 140,000 12 0, 000 100,000 80,000 60,000 40,000 2 0, 000 Population Projection ,y0 ,y0 .LO .y0 .y0 .LO ,LO .LO ,LO ,LO ,ti0 ,ti0 .ti0 ,LO .ti0 .LO .y0 .LO .y0 .LO ,ti0 .LO -Growth Committee Data PERMIT SALES CY2021 CY2022 CY2023 CY2024 CY2025 CY2026 CY2027 CY2028 CY2029 ■ Residential ■ Multi -family