City of Kirkland Transportation Impact Fees April 13, 2007 - PowerPoint PPT Presentation

City of Kirkland Transportation Impact Fees April 13, 2007

BACKGROUND � Develop Rate Study � Impact Fee Project List � Growth Estimates � Trip Generation Rates for Land Uses

Need for Update � Program previously updated in 1999 � GMA requires regular updates � Project construction costs have increased substantially due to inflation and changes in scope � New projects added

Transportation Impact Fees don’t pay for... � Existing deficiencies � Operating or maintenance expenses � Non-capacity improvements (i.e., pavement preservation) � Project On-site improvements � Stand-alone multi-modal projects, such as transit, park & ride, bike, pedestrians

Transportation Impact Fee Rate Study Process City of Kirkland

Project List � 16 year Horizon (2006-2022) � Capacity Projects needed to meet Concurrency � 13 Projects � Total Cost $48.3 Million City of Kirkland Transportation Impact Fee Rate Study

Project List

GROWTH ESTIMATES � 2006-2022 Data Land Use Category Unit of Measure 2006* 2022** Growth Single Family Housing Dwelling Units 10,489 11,954 1,465 Multi-Family Housing Dwelling Units 12,450 14,872 2,422 Office Square Feet 5,384,847 6,161,605 777,000 Retail Square Feet 3,765,355 3,974,210 209,000 Industrial Square Feet 2,668,361 2,551,561 (117,000) City of Kirkland Transportation Impact Fee Rate Study

DEFICIENCIES ANALYSIS � City Level of Service (LOS) Standards adopted in Comprehensive Plan � 2007 Conditions Based on average LOS within sub-areas of city � Projects identified on List are within areas that are within City’s adopted LOS standard City of Kirkland Transportation Impact Fee Rate Study

COST ALLOCATION Figure . Impact Fee Cost Allocation Concept

COST ALLOCATION � Growth Impacts Separated for: � Kirkland 50% (Impact Fees) � Outside Kirkland 50% � Outside Kirkland Growth � “Through” Traffic � Half of Trips with One End in Kirkland and One End Outside � Development in Kirkland Only Pays for Growth in Kirkland

COST ALLOCATION

Funding Sources

Developing the Transportation Impact Fee Schedule Impact Fee Cost Impact Fee Cost $22.7 Million $22.7 Million Cost per Peak Trip Cost per Peak Trip $3,398 $3,398 Trip Grow th Trip Grow th 6,674 in PM Peak Hr 6,674 in PM Peak Hr ITE Trip Rates ITE Trip Rates Cost per Cost per Land Use Unit Land Use Unit o Trips per Unit o Trips per Unit o o 52 Land Uses 52 Land Uses Fee Rate in Schedule Fee Rate in Schedule o Cost per dw elling o Cost per dw elling o o Cost per square foot Cost per square foot

TRIP GENERATION � Over 50 Land Uses � 7th Edition ITE Manual � Adjust for “Pass-by” Trips � Adjust for Trip Lengths City of Kirkland Transportation Impact Fee Rate Study

IMPACT FEE SCHEDULE � Cost/Trip = $3,398(PM Peak Hour) � Single Family (unit) $3,432 � Office (sq ft) $ 6.64 � Shopping Ctr (sq ft) $ 4.02 � Industrial Pk (sq ft) $ 4.64 City of Kirkland Transportation Impact Fee Rate Study

Single Family Comparisons Single Family Housing $16,000 $14,000 $12,000 Impact Fees (per unit) $10,000 $8,000 $6,000 $4,000 High High Proposed $2,000 High Low Low Existing Low $0 Kirkland Redmond (2006) Bellevue (2005) Bothell (2002) Kenmore (2005) Woodinville Sammamish (current) (2006) (2006) Jurisdiction

Office Comparisons Office $30.00 $27.50 $25.00 $22.50 Impact Fees (per square foot) $20.00 $17.50 $15.00 $12.50 $10.00 High $7.50 $5.00 Proposed High $2.50 High Low Existing Low Low $0.00 Kirkland Redmond (2006) Bellevue (2005) Bothell (2002) Kenmore (2005) Woodinville Sammamish (current) (2006) (2006) Jurisdiction

Shopping Center Comparisons Shopping Center $25.00 $22.50 $20.00 $17.50 Impact Fees (per square foot) $15.00 $12.50 $10.00 $7.50 High $5.00 High Proposed $2.50 High Low Low Existing Low $0.00 Kirkland (current) Redmond (2006) Bellevue (2005) Bothell (2002) Kenmore (2005) Woodinville (2006) Sammamish (2006) Jurisdiction

Questions?