Loading...
HomeMy WebLinkAboutDraft - Fire Impact Fee CIPFire Impact Fee Capital Improvement PlanFinancial SummaryCurrent YearFY17FY18FY19 FY20 FY21 FY22UnscheduledProjected Beginning Reserve Balance Dedicated to CIP1,259,601$     1,546,501$        1,858,751$     2,239,114$    2,638,494$   3,057,844$    ‐$                    Plus:  Impact Fee Revenues Dedicated to CIP311,900$        362,250$            380,363$         399,381$       419,350$      440,317$       ‐$                    Plus:  FIF07 Engine #4 ‐ Voter Approved Bond175,000$         Plus:  FIF06 Station #4 ‐ Voter Approved Bond975,000$         Less:  Scheduled CIP Project Costs(25,000)$         (50,000)$             (4,600,000)$   Projected Year‐End Cash Dedicated to CIP1,546,501$     1,858,751$        2,239,114$     2,638,494$    3,057,844$   48,161$         Assumptions Made for Revenue Estimates:Current YearFY17FY18FY19FY20 FY21 FY22Estimated Annual Fire Impact Fee Revenues311,973$           345,000$               362,250$           380,363$          399,381$         419,350$            Estimated Annual Increase0.0%5%5%5%5%5%Total Estimated Revenues311,973$           362,250$               380,363$           399,381$          419,350$         440,317$          Current Revenues Dedicated to CIP %100.0%100.0% 100.0% 100.0% 100.0% 100.0%  Plus:  Increase Dedicated to Fire Capacity Expansion CIP0.0%0.0%0.0%0.0% 0.0%0.0%  Total % Dedicated to CIP100.0%100.0% 100.0% 100.0% 100.0% 100.0%Total Estimated Revenues Dedicated to CIP311,973$           362,250$               380,363$           399,381$          419,350$         440,317$          ProjectedProjected5,000,0004,500,0004,000,0003,500,0003,000,0002,500,0002,000,0001,500,0001,000,000500,0000Fire Impact Fee Projects DRAFT CIP PROJECT FUPROJ.DEPARTMENTPROJECT NAMEUnscheduledFY21FY18FY19FY20FY22Impact Fees FireFIF07FIRE IFFIRE ENGINE, STATION #4$700,000FIF06FIRE IFFIRE STATION #4$3,900,000FIF08FIRE IFIMPACT FEE STUDY ‐ FIRE$50,000$4,600,000$50,000Summary for  Impact Fees Fire (3 items)Totals by year:$4,600,000$50,000FY21FY22FY18UnscheduledFY20FY19DRAFT CIP Project Fund Impact Fees Fire PROJECT NUMBER FIF06 DEPARTMENT FIRE IF PROJECT NAME FIRE STATION #4 FY18 FY19 Unscheduled DESCRIPTION OF PROJECT This project was identified as a priority in the adopted 2006 Fire Protection Master Plan but should be better defined in the 2017 update as the city has changed a lot since 2006. While we won’t have the updates to the master plan for another 6-8 months we anticipate that it will recommend a fourth fire station in the next 5 years thus we are scheduling this in FY-22 for planning purposes. Once we have the Master Plan update back this section will need to be re-addressed before making additional plans. Portions of the City are located such that our response time exceeds four to six minutes for fire and medical emergencies. Land acquisition costs are not included in the proposed budget number. While the City currently owns the site on the southwest corner of 19th Avenue and Graf Street, which was identified as an ideal site for a station in 2006, that is subject to change with the 2016 Master Plan update. ALTERNATIVES CONSIDERED The budget number associated with this project is the same as the cost of Fire Station 3. A smaller station may be an option for this project and looking at building in areas where the city currently owns property could also reduce the cost of construction. Delaying the building of the station is an option but would require an understanding that some areas are going to be subject to longer than normal response times. Other options to be evaluated from 2017 Fire Protection Master Plan. ADVANTAGES OF APPROVAL The completion of this project would enhance our ability to respond to growing parts of the community within a time frame that has been historically acceptable to the citizens of Bozeman. The additional station also has the potential to have a positive impact on our ISO rating and encourage additional growth in areas of the city. ADDITIONAL OPERATING COSTS IN THE FUTURE, IF FUNDED Annual Operating & Maintenance Costs: Impact Fees can not be spent on operations and maintenance costs. The City’s General Fund will bear the annual operating and maintenance expenses associated with this facility, estimated at $1,600,000, including all crew personnel. FUNDING SOURCES 75% Fire Impact Fees ($2,925,000), 25% Voter Approved Bond ($975,000.) New Replacement Equipment Project FY20 FY21 FY22 $3,900,000 DRAFT CIP Project Fund Impact Fees Fire PROJECT NUMBER FIF07 DEPARTMENT FIRE IF PROJECT NAME FIRE ENGINE, STATION #4 FY18 FY19 Unscheduled DESCRIPTION OF PROJECT This project is the purchase of an engine and accompanying equipment for use out of new Fire Station 4. It will be necessary to have this engine at the Station when it opens. There is an estimated 12 month lead time in delivery of this type of equipment, thus this would need to be ordered a year before the opening of Fire Station 4. This estimated cost is for the apparatus and the majority of the equipment needed for service delivery. ALTERNATIVES CONSIDERED It may be valuable for ISO purposes to evaluate the purchase of a quint apparatus which is a Fire Engine with a ladder mounted on it that is smaller than Ladder 1. We also could use the 2006 Pierce reserve engine at Station 4. This would leave city with only one reserve fire engine to cover for 4 front line apparatus, a 1989 Pierce. The 2006 Pierce could require updates to make the apparatus serviceable as front line apparatus, but it is already 11 years into its current service life. There is also the option to purchase a used piece of apparatus. ADVANTAGES OF APPROVAL Purchase of this unit will adequately equip Station #4 for fire and other emergency responses. ADDITIONAL OPERATING COSTS IN THE FUTURE, IF FUNDED Annual Operating & Maintenance Costs: Impact Fees can not be used for annual operating and maintenance costs. The City’s General Fund will pay for the increased fuel, maintenance and insurance costs associated with this engine, estimated at $30,000 per year. FUNDING SOURCES 75% Fire Impact Fees ($525,000), 25% Voter Approved Bond ($175,000). New Replacement Equipment Project FY20 FY21 FY22 $700,000 DRAFT CIP Project Fund Impact Fees Fire PROJECT NUMBER FIF08 DEPARTMENT FIRE IF PROJECT NAME IMPACT FEE STUDY - FIRE FY18 $50,000 FY19 Unscheduled DESCRIPTION OF PROJECT An update of our current Fire Impact Fee calculation should be completed. It will be most helpful to have this done after we make an update to our Fire Service Master Plan, which is expected to take place in FY17. ALTERNATIVES CONSIDERED None. Statute requires an update to this calculation. ADVANTAGES OF APPROVAL Compliance with state law; accuracy in the amount of fee being charged. ADDITIONAL OPERATING COSTS IN THE FUTURE, IF FUNDED None. FUNDING SOURCES 100% Fire Impact Fees New Replacement Equipment Project FY20 FY21 FY22 DRAFT