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HomeMy WebLinkAbout01-14-19 City Commission Packet Materials - A2. Transportation (Street) Impact Fee Study Presentation - SUPPLEMENTAL MATERIALS (2)Monday, January 14, 2019 Impact Fee Study Updates • City’s Development Impact Fee Programs o Transportation o Fire/EMS o Water o Sewer • Collected on all new construction and some remodel/renovation construction projects • Usually paid at the time a building permit is issued • No persons or building types are exempt from paying the fees • Important Part of Bozeman’s ability to grow and expand the community. Impact Fee Collections FY18 Transportation $ 5,524,274 Fire/EMS $ 599,364 Water $ 2,757,565 Wastewater $ 1,810,489 $ 10,691,692 Impact Fee Collections 10% All Other Revenues 90% City Revenues - Sources of Funding • Important Part of Bozeman’s ability to grow and expand the community. Impact Fee Capital Expenditures All Other 46% Capital Expenditures 54% City Capital Expenditures in FY18 Impact Fee Expenditures FY18 Transportation $ 7,824,645 Fire/EMS $ 44,983 Water $ 400,550 Wastewater $ 190,929 $ 8,461,107 • Capacity Expanding needed so that we can provide services to new homes & businesses. o Can not be used for maintenance or repair activities. • Can add lane miles of streets to arterial or collector network • Can add stop lights or round-about on arterial/collector • Can upsize water or sewer mains from 8” to larger mains (12”+) • Can add treatment capacity at the water or sewer plants • Can not sweep streets • Can not repair potholes or street surfaces • Can not replace equipment that at the end of its useful life • Required to establish a fee that is based on our costs of capital and the demand that new developments generate. • State Law requires we update our calculation of the appropriate impact fee to charge. • Public Outreach and Participation o Drafts and Presentations Available Online • Public Comment Form o Stakeholder meeting o Impact Fee Advisory Committee Meetings with Public Comment • Tonight: o Presentation from our consultants, public comment, question & answer • Going forward: o Direct staff to • return with Resolutions that will adopt the studies and implement the new impact fees, and/or • gather additional information and return at a future time