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20161108 Impact Fee TC Public Hearing PresentationLand Use Assumptions, CIP and Impact Fee Analysis November 8, 2016 WATER, WASTEWATER & ROADWAY IMPACT FEE UPDATE Agenda •Impact Fee Basics •Land Use Assumptions •Water and Wastewater Impact Fee Analysis •Roadway Impact Fee Analysis •Comparison with Other Cities •CIAC Involvement and Recommendation 2 Impact Fee Basics •Governed by Chapter 395 of the Texas Local Government Code •Previous Impact Fee Study Completed in 2011 •Why Impact Fees? –Allows cities to recoup costs associated with infrastructure necessitated to serve future development –Alleviates burden of new facilities on existing customers (lower increase in water and wastewater rates) –Makes “growth pay for growth” 3 What is Eligible for Impact Fees? •Recently constructed improvements with excess capacity to accommodate growth •Proposed projects that will accommodate growth within the next 10 years –Construction Cost, ROW Acquisition, Engineering and Surveying Fees, etc. •Financing Costs •Cost of Impact Fee Study –Split between Water, Wastewater, and Roadway Impact Fees 4 Update Land Use Assumptions Update Capital Improvements Plans Conduct Impact Fee Calculations/ Prepare ReportCIAC CoordinationPublic Hearing and Council Approval Update Impact Fee Ordinance Impact Fee ProcessImpact Fee Process 5 Population by Planning Area 6 Year Total Population Average Annual Population Growth Average Annual Growth Rate 2016 17,800 -- 2021 27,888 2,017 9% 2026 40,976 2,618 8% Developed Non-Residential Acreage by Planning Area 7 Year Total Developed Acres Average Annual Growth in Acres 2016 661 - 2021 1,167 101 2026 1,744 115 Water Demand Projections 8 •Includes residential and non-residential growth •Established per capita usage rate per person and non- residential acre based on a review of historical data Year Population Average Day Demand (MGD) Maximum Day Demand (MGD) Peak Hour Demand (MGD) 2016 17,800 3.61 10.34 20.18 2021 27,888 5.76 16.39 31.91 2026 40,976 8.48 24.13 46.95 Wastewater Flow Projections 9 •Includes residential and non-residential growth •Established per capita usage rate per person and non- residential acre based on a review of historical data and flow monitoring conducted as part of this study Year Wastewater Service Population Average Day Flow (MGD) Peak Wet Weather Flow (MGD) 2016 15,485 1.74 6.94 2021 25,517 2.89 11.55 2026 38,514 4.35 17.41 Water Impact Fee Capital Improvements Plan 10 Wastewater Impact Fee Capital Improvements Plan 11 •IFCIP Projects: –Complete Projects –Projects under construction with excess capacity –Projects to meet growth needs •Calculate cost of impact fee CIP •Land use assumptions to determine growth in new service units •Maximum allowable impact fee calculated by dividing eligible CIP/growth in service units •Credit of 50% for the portion of ad-valorem taxes generated by CIP improvements •Fee collected can be less than maximum; by service area Conduct Impact Fee Analysis 12 Projected Service Units 13 2016 Existing Service Units 2026 Proposed Service Units 2016 –2026 Projected Growth in Service Units Water 5,444 14,623 9,178 Wastewater 4,509 13,639 9,130 Water and Wastewater Impact Fee Calculations 14 Water Wastewater 10-Year Capital Improvement Costs $52,625,355 $38,688,633 Financing Costs $17,504,846 $12,862,402 Total Eligible Costs $70,130,201 $51,531,035 10-year Projected Growth in Service Units 9,178 9,130 Maximum Impact Fee per Service Unit without Credit $7,641 $5,644 Impact Fee Credit per Service Unit $3,821 $2,822 Maximum Allowable Impact Fee per Service Unit with Credit $3,821 $2,822 Current Impact Fee $3,900 $683 •Current Impact Fee = $4,583 •Maximum Allowable Impact Fee = $6,643 Changes Since Previous Impact Fee Study •Increase in 10-year projected service units –Population growth of 23,176 (2016 Update) vs. 18,135 (2011 Update) –Non-residential acreage growth of 1,083 (2016 Update) vs. 816 (2011 Update) •Wastewater –Incorporated capital costs paid by the Town to construct and expand UTRWD Doe Branch WWTP •Water –Similar maximum allowable rate –No major CIP changes 15 Projected Service Units Service Area Residential Growth (veh-mi) Basic Emp. Growth (veh-mi) Service Emp. Growth (veh-mi) Retail Emp. Growth (veh-mi) Total Growth (veh-mi) 1 28,770 1,458 5,967 14,032 50,227 2 15,438 0 13,162 22,012 50,613 Total 44,208 1,458 19,129 36,045 100,840 16 •Roadway: 10-year VMT •Land Use Assumptions Projected Ten-Year Growth Roadway Impact Fee CIP Roadway Impact Fee Calculations 18 Service Area 1 (West of RR) Service Area 2 (East of RR) 10-Year Capital Improvement Costs Attributable to New Development $96,505,861 $74,772,644 Financing Costs $30,253,316 $22,086,856 Total Eligible Costs $125,759,177 $96,859,500 Total Veh-Mi of New Demand over 10-years 50,227 50,613 Maximum Impact Fee per Service Unit without Credit $2,522 $1,912 Maximum Allowable Impact Fee per Service Unit with Credit (50%)$1,261 $956 Maximum Allowable Impact Fee for Single Family Dwelling Unit (50%)$7,566 $5,736 Current Impact Fee for Single Family Dwelling Unit (SA 1: 36%; SA 2: 50%)$3,727 $3,727 Changes Since Previous Impact Fee Study •Increase in 10-year projected service units –Vehicle-mile growth of 100,840 (2016 Update) vs. 78,753 (2011) •Roadway –Annexations in both Service Areas –Modifications of roadway alignments for revised Thoroughfare Plan –Inclusion of actual costs for completed projects 19 Restaurant w/Drive-thru $140,707 $131,643 $67,178 $56,438 $30,280 $20,900 $19,624 $15,409 $11,891 $140,707 $0 $20,000 $40,000 $60,000 $80,000 $100,000 $120,000 $140,000 $160,000 Prosper (Current) Frisco Flower Mound Colleyville Coppell Allen Fairview McKinney Southlake Highland Park * Plano * Roadway, Water, and Wastewater Impact Fees *Does not charge impact fees. 20 Medical Office Building $404,697 $274,052 $175,997 $173,469 $120,379 $97,742 $75,035 $69,690 $45,592 $0 $50,000 $100,000 $150,000 $200,000 $250,000 $300,000 $350,000 $400,000 $450,000 Frisco Prosper (Current) Flower Mound Fairview Colleyville Coppell Southlake Allen McKinney Highland Park * Plano * Roadway, Water, and Wastewater Impact Fees *Does not charge impact fees. 21 Big Box Grocery Store $1,622,788 $1,247,389 $759,478 $582,997 $246,630 $242,802 $229,200 $129,391 $112,032 $0 $200,000 $400,000 $600,000 $800,000 $1,000,000 $1,200,000 $1,400,000 $1,600,000 $1,800,000 Frisco Prosper (Current) Flower Mound Colleyville Fairview Southlake Allen McKinney Coppell Highland Park * Plano * Roadway, Water, and Wastewater Impact Fees *Does not charge impact fees. 22 Roadway Fee 1 Single-Family Residence 23 $5,736 $4,941 $3,800 $3,727 $3,679 $1,950 $1,899 $1,720 $650 $636 $-$- $- $1,000 $2,000 $3,000 $4,000 $5,000 $6,000 $7,000 Prosper (2016 Max) Colleyville McKinney Prosper (Current) Frisco Fairview Flower Mound Southlake Allen Coppell Highland Park* Plano* Roadway Fee Restaurant w/Drive-thru 24 $171,946 $110,170 $109,672 $29,217 $28,872 $22,783 $7,774 $6,900 $6,481 $4,941 $-$- $- $20,000 $40,000 $60,000 $80,000 $100,000 $120,000 $140,000 $160,000 $180,000 $200,000 Prosper (2016 Max) Frisco Prosper (Current) Flower Mound McKinney Coppell Fairview Allen Southlake Colleyville Highland Park* Plano* Roadway Fee Medical Office Building 25 $571,743 $376,040 $219,525 $156,906 $135,447 $93,729 $89,249 $78,880 $23,745 $25,423 $-$- $- $100,000 $200,000 $300,000 $400,000 $500,000 $600,000 $700,000 Prosper (2016 Max) Frisco Prosper (Current) Fairview McKinney Flower Mound Colleyville Coppell Allen Southlake Highland Park* Plano* Big Box Grocery Store 26 $2,462,006 $1,580,700 $1,089,148.73 $1,041,794.44 $1,048,542 $537,636 $447,018 $359,019 $224,664 $223,080 $198,000 $96,426 $-$- $- $500,000 $1,000,000 $1,500,000 $2,000,000 $2,500,000 $3,000,000 Prosper (2016 Max) Frisco Prosper (+15%) Prosper (+10%) Prosper (Current) Colleyville Flower Mound McKinney Southlake Fairview Allen Coppell Highland Park* Plano* Restaurant w/Drive-thru Permit Fees $0 $2,000 $4,000 $6,000 $8,000 $10,000 $12,000 $14,000 Restaurant w/Drive thru Prosper Allen Colleyville Coppell Fairview Flower Mound Frisco HP McKinney Plano Southlake Avg $1,000,000 Building Value 27 Medical Office Building Permit Fees $0 $5,000 $10,000 $15,000 $20,000 $25,000 $30,000 $35,000 $40,000 Medical Office Building Prosper Allen Colleyville Coppell Fairview Flower Mound Frisco HP McKinney Plano Southlake Avg $3,700,000 Building Value 28 Big Box Grocery Store Permit Fees $0 $10,000 $20,000 $30,000 $40,000 $50,000 $60,000 $70,000 $80,000 Grocery Store Prosper Allen Colleyville Coppell Fairview Flower Mound Frisco HP McKinney Plano Southlake Avg $7,500,000 Building Value 29 CIAC Involvement •Advisory Committee Members –Planning & Zoning Commission –ETJ Resident •Met with Consultants and Town Staff on March 1st, September 20th, and October 4th to discuss Land Use Assumptions, Capital Improvement Plans and Impact Fee Calculations 30 CIAC Recommendation •October 4th, by a unanimous vote, the CIAC made the following actions: –Accepted the land use assumptions, capital improvements plan, and impact fee calculations as outlined in the draft impact fee study –Recommended the Town Council set the water, wastewater, and roadway impact fees at the maximum allowable fee per the impact fee study 31 Roadway, Water, and Wastewater Impact Fee Study Update