HomeMy WebLinkAboutFire Impact Fee Adviosry Board Packet
DATE: November 8, 2018
TO: Impact Fee Advisory Board
FROM: Kristin Donald, Finance Director
SUBJECT: Recommendations to the Commission for the Fire Impact Fee Capital
Improvement Plan (CIP) Schedules for Fiscal Years 2020‐2024
_____________________________________________________________________________________
Once again, Impact Fee Advisory Board needs to make recommendations on the Capital Improvement
Plan for the upcoming budgeted expenditure of Impact Fee money for the following:
Street Impact Fee Fund
Fire Impact Fee Fund
Water Impact Fee Fund
Wastewater Impact Fee Fund
In updating the schedules, we have the opportunity to remove items that have been completed or are
no longer needed, adjust project costs estimates, and add projects that are needed. We drop the
current fiscal year (FY19) from the plan and extend the plan by a year, to encompass FY24.
Fire Impact Fee Fund– Attached is a staff‐recommended Fire Impact Fee CIP Section, which shows the
summary and details of the plan. We will be looking to discuss these items with the Committee so that
we can complete the draft Capital Improvement Plans and bring them back for Committee approval.
Once approved by the Committee, we will deliver them to the City Commission. We have tentatively
scheduled:
Street Impact Fee
November 8 ‐ Impact Fee Advisory Committee reviews Street Impact Fee Schedules and
completes recommendations
November 19 – City Commission presentation and adoption of Street Impact Fee Capital
Improvement Plan
Fire Impact Fee
November 8 ‐ Impact Fee Advisory Committee reviews Fire Impact Fee Schedules and completes
recommendations
November 19‐ City Commission presentation and adoption of Fire Impact Fee Capital
Improvement Plan
Water and Wastewater
November 15 ‐ Impact Fee Advisory Committee reviews water and Wastewater Impact Fee
Schedules and completes recommendations
December 3 – City Commission presentation and adoption of Water & Wastewater Impact Fee
Capital Improvement Plans
Attachments:
Draft – Fire Impact Fee CIP Section – FY20‐24
FIRE IMPACT FEE FUND FINANCIAL SUMMARY Financial Summary Current YearFY19 FY20 FY21 FY22 FY23 FY24UnscheduledProjected Beginning Reserve Balance Dedicated to CIP 2,105,133$ 2,467,383$ 2,871,517$ 3,287,775$ 3,716,520$ 4,158,128$ ‐$ Plus: Impact Fee Revenues Dedicated to CIP 362,250$ 404,134$ 416,258$ 428,746$ 441,608$ 454,856$ ‐$ Less: Scheduled CIP Project Costs ‐$ ‐$ ‐$ ‐$ ‐$ ‐$ (5,200,000)$ Projected Year‐End Cash Dedicated to CIP 2,467,383$ 2,871,517$ 3,287,775$ 3,716,520$ 4,158,128$ 4,612,985$ Assumptions Made for Revenue Estimates: Current YearFY19 FY20 FY21 FY22 FY23 FY24Estimated Annual Fire Impact Fee Revenues 392,363$ 392,363$ 404,134$ 416,258$ 428,746$ 441,608$ Estimated Annual Increase 0.0% 3% 3% 3% 3% 3%Total Estimated Revenues 392,363$ 404,134$ 416,258$ 428,746$ 441,608$ 454,856$ Current Revenues Dedicated to CIP % 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% Plus: Increase Dedicated to Fire Capacity Expansion CIP 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% Total % Dedicated to CIP 100.0% 100.0% 100.0% 100.0% 100.0% 100.0%Total Estimated Revenues Dedicated to CIP 392,363$ 404,134$ 416,258$ 428,746$ 441,608$ 454,856$ ProjectedProjected$‐$‐$‐$‐$‐$‐$(5,200,000)FY19 FY20 FY21 FY22 FY23 FY24 UNSCHEDULEDFIRE IMPACT FEE PROJECTS
FIRE IMPACT FEE FUND PROJECT SUMMARY All projects are unscheduled
FIRE IMPACT FEE FUND DETAIL BACKGROUND Our Fire Master Plan, which just recently has been adopted, proposed relocation of Station 1 and Station 2 to handle capacity expansion rather than build station 4. Currently, the City is undergoing an impact fee study where the possibility of impact fee funding could be used. For this reason, the station 4 and vehicle will remain unscheduled. Below is the last five years of impact fee revenue and the average: CAPITAL PLAN SUMMARY Fire Station 4 and engine are unscheduled $298,000 $430,000 $348,000 $328,043 $599,365 $400,682 $‐ $100,000 $200,000 $300,000 $400,000 $500,000 $600,000 $700,0002014 2015 2016 2017 2018 5‐YearAverageFire Impact Fee Revenues
Unscheduled Project NameUnscheduled Project Description Amount Project #Fire Station Construction / Expansion / RelocationThe Fire Master Plan is completed and schedule for final adoption on November 6, 2017. The new Master Plan includes a comprehensive review of current station locations and the capacity to meet the current needs of the city along with recommendations for new fire stations. City staff will be evaluating the Master Plan recommendations during the next 12 months and formulating a plan to rehab / relocate / construction new fire stations to address the growth in the City. 4,500,000 FIF06Fire Department Response ApparatusThe Fire Master Plan is complete and scheduled for final adoption on November 6, 2017. The new Master Plan includes a review of resource deployment, unit responses, and unit availability. The Fire Department will be evaluating these results to determine future needs of the department from a response and deployment model. This could include potential outcomes of purchasing additional apparatus, ranging from SUVs to Fire Engines to Ladder Trucks to handle the city’s emergency response load. 700,000 FIF07Total Fire Impact Fee Unscheduled5,200,000 UNSCHEDULED