DFPD CAPITAL IM IMPROVEMENT IM IMPACT FEE Impact Fee Methodology - - PowerPoint PPT Presentation

DFPD CAPITAL IM IMPROVEMENT IM IMPACT FEE

Impact Fee Methodology

Demand Units – residential and non-residential sectors Rational Nexus – connecting need for fee with growth Proportionate Share – ratio of service demands by sector Capital Improvements Planning – basis for costs that form the fee Fee Structure – final fee per residential and non-residential unit

RESIDENTIAL AND NON-RESIDENTIAL DEMAND UNIT ITS

DFPD Boundaries and City of Durango

Residential Demand

Source: La Plata County and San Juan County Assessors 4,661 5,479 10,140 1,102 1,183 2,285 2,220 422 2,642 7,983 7,084 15,067 Durango Unicorporated Regions All DFPD Service Area Single Family Homes Condos Multi-Family Homes Total

Non-Residential Demand (1,000s of Square Feet)

Source: La Plata County and San Juan County Assessors 7,532 1,490 9,022 Durango Unicorporated Regions All DFPD Service Area Merchandising Lodging Offices Recreation Special Purpose Warehouse/Storage Multi-Use Commercial Condo Partially Exempt Exempt Industrial Total

Existing Combined Demand

Source: La Plata County and San Juan County Assessors 7,983 7,084 15,067 7,532 1,490 9,022 Durango Unicorporated Regions All DFPD Service Area Residential Non-Residential

Growth and Future Demand

Source: La Plata County and San Juan County Assessors 243 133 Average Residential Units Built per Year 1996-2015 Average Non- Residential (1,000s

• f sf) Built per Year

1996-2015 4,860 2,660 7,290 3,990 Future Growth Residential Units Future Growth Non- Residential Units 20 Years of Average Growth 30 Years of Average Growth

RATIO IONAL NEXUS

Call Volume and Growth

Source: DFPD, Colorado Department of Local Affairs

*2015 demographic indicators based on estimates

2011 2012 2013 2014 2015 Call Volume 3,578 3,836 4,134 4,409 4,702 Durango Population 17,011 17,246 17,676 17,818 18,087* Unincorporated Population 31,783 32,056 32,529 32,947 33,335* La Plata County Employment 31,335 31,856 32,616 33,052 33,624*

PROPORTIONATE SHARE

2015 Call Data By Land Use Type

Source: DFPD Call Data Agriculture, Outdoors, Forest, 5% Commercial, 11% Government, Church, Schools 4% Health Care Facility, 20% Highway, Street, Driveway, 15% Multi Family Residence, 17% Single Family Residence, 25% Undetermined, 3%

2015 Call Data and Proportionate Share

Source: DFPD Call Data Agriculture, Outdoors, Forest, 5% Commercial, 11% Government, Church, Schools 4% Health Care Facility, 20% Highway, Street, Driveway, 15% Multi Family Residence, 17% Single Family Residence, 25% Undetermined, 3%

Residential Demand Non-Residential Demand Non-Attributable Demand Split Based on Traffic Generation Rates

Proportionate Share

Source: DFPD Call Data Residential , 54% Non-Residential, 46%

CAPITAL IM IMPROVEMENT PLAN

CIP Tier Structure

Source: DFPD Capital Plan

Tier 1 – Urgent capital needs Replacement occurring in 0-5 years CIP costs based on prepared estimates 20 year planning horizon Tier 2 – Planned but not urgent capital needs Replacement occurring in 5-10 years CIP costs based on prepared estimates 30 year planning horizon Tier 3 – Capital not in need of replacement CIP costs based on insured value Incremental expansion methodology 20 year planning horizon

Station Plan – Insured Value and Planned Costs

Source: DFPD Capital Plan

CIP Tier Current Insured Value Buildings and Equipment Planned Costs Station 1 3 $4,883,345 Station 2 1 $7,200,000 Station 3 1 $3,500,000 Station 4 2 $1,800,000 Station 5 3 $349,107 Station 6 3 $1,508,553 Station 7 1 $3,500,000 Station 8 2 $1,800,000 Station 9 3 $349,107 Station 10 3 $220,511 Station 11 3 $848,485 Station 12 Demo Station 13 3 $349,107 Station 14 Demo Station 15 3 $2,327,063 Station 16 3 $754,344 The Farm 3 $1,539,366

• Trng. Fac.

1 $1,500,000 Station 12 & 14 Consolidation 2 $1,800,000

Vehicle Plan – Agreed Value and Replacement Costs

Source: DFPD Capital Plan Tier 1 Tier 2 Tier 3 Total Structural Engines $1,500,000 $1,500,000 $4,900,000 $7,900,000 Water Tenders $600,000 $900,000 $1,100,000 $2,600,000 Ambulance and Rescues $660,000 $660,000 $577,670 $1,897,670 Ladder Trucks $1,100,000 $1,100,000 $1,400,000 $3,600,000 Brush Trucks $120,000 $360,000 $1,320,000 $1,800,000 Staff Vehicles and Trailers $232,000 $232,000 $551,662.64 $1,015,663 Total $4,212,000 $4,752,000 $9,849,333 $18,813,333

CIP Summary

Source: DFPD Capital Plan $15,700,000 $4,212,000 $19,912,000 $5,400,000 $4,752,000 $10,152,000 $13,128,988 $9,849,333 $22,978,321 $34,228,988 $18,813,333 $53,042,321 Station Vechicles Total Tier 1 Tier 2 Tier 3 Total

FEE STRUCTURE

Existing Capital Need and CIP

• Existing capital need projects are capital improvements needed today, not driven

by demands from future growth

• $5,000,000 of Tier 1 projects are existing capital need (not attributable to future

growth)

• $3,264,624 of future capital funding from City of Durango is dedicated to Tier 1

projects (not attributable to future growth)

Stations $15,700,000 Vehicle $4,212,000 Total $19,912,000 Dedicated Funds for Existing Capital Need $5,000,000 Remaining City of Durango Capital Contributions $3,264,624 Impact Fee Tier 1 CIP $11,647,326

Fee Structure

Tier 1 Prop Share Value Divisor Divisor Year Per Unit Residential 54% $6,285,443 19,927 20 Year $315 Non-Residential 46% $5,361,933 11,682 20 Year $459 Tier 2 Residential 54% $5,478,472 22,357 30 Year $245 Non-Residential 46% $4,673,528 13,012 30 Year $359 Tier 3 Residential 54% $12,400,126 19,927 20 Year $622 Non-Residential 46% $10,578,195 11,682 20 Year $906 All Tiers Combined Residential $1,183 Non-Residential $1,720 Per Square Foot $1.72

Existing Fees and New Fee Structure

Source: DFPD Development Agreements $1,197 $1,197 $778 $1,000 $1,000 $650 $736 $920 $465 $862 $1,078 $539 $1,183 $1,183 $1,724 1,000 SF Single Family Home 2,000 SF Single Family Home 1,000 SF of Office Space Purgatory Metro District Edgemont Ranch Three Springs Twin Buttes New Fee

CAPITAL PLANNING

Capital Planning

Total CIP $53,042,321 Capital Reserves $5,000,000 Remaining City of Durango Capital Contributions (12 years) $3,264,624 Impact Fee Revenue (30 Years) $15,499,843 Total Anticipated Contributions $23,764,467 Portion of CIP Unfunded $29,277,853 % of CIP Not Funded 55%