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HomeMy WebLinkAbout2003 02 24 Regular C Fire Rescue, Police, and Parks Impact Fees . . . COMMISSION AGENDA ITEM C Consent Informational Public Hearing Regular X February 24,2003 Meeting /J ~ '/Y Mgr. /.t../ / Dept. / Authorization REQUEST: City Manager requesting the City Commission to approve Fire Rescue, Police and Parks Impact Fees as provided in the November 2002 Impact Fee Analysis Report prepared by Land Design Innovations, Inc. and to direct the City Attorney to prepare implementing ordinances. PURPOSE: This agenda item is needed to establish revised fire rescue and police impact fees, and to implement a new parks impact fee. CONSIDERATIONS: The City retained LDI to perform an analysis of fire rescue and police impact fees to determine if new rates were needed to fund anticipated improvements and to prepare a new parks impact fee to fund improvements. On January 13,2003 the City Manager placed the results of the study on the information agenda Item "B" so that the Commission could be reviewing the report prior to agending. the report for Commission action. c, As stated, the purpose of this ordinance is to have the Commission approve the new rates for fire rescue and police impact fees and to establish a new parks impact fee as follows. METHODOLOGY The methodology utilized for the calculation of fees includes two main elements as follows: 1). Unadjusted Rate projecting historical expenditures through buildout (Attachment #2) 2). Adjusted rate modifying the historical rate to anticipated improvements (Attachment #3) . . . Regular Agenda Item C February 24,2003 Page 2 Below is a table of current rates, rates proposed by the study, and staff recommended rates. Fees are noted in either pu (per unit) or psf(per square foot). Current Proposed Staff Recommended. Fire/Rescue Residential $103.63 pu $0.086 psf $0.086 psf Fire/Rescue Non-Residential $0.28 psf $0.948 psf $0.35 psf Police Residential $215.83 pu $0.113 psf $0.113 psf Police Non-Residential $0.41 psf $1. 777 psf $0.30 psf Parks Residential $300.00 pu $0.834 psf $0.834 psf Parks Non-Residential $0 $0 $0 FISCAL. IMPACT: The new (recommended) impact fees is estimated to generate the following revenue through build out: Fire/Rescue Police Parks $4,376,072 $3,568,891 $1,514,502 RECOMMENDA TIONS: It is recommended that the Commission approve fire rescue, police and parks impact fees proposed herein and direct the City Attorney to prepare implementing ordinances for Commission approval. ATTACHMENTS: #1. Impact Fee Analysis Report without appendices #2. Unadjusted Rate Schedule Revenue Projections #3. Adjusted Rate Schedule Revenue Projections COMMISSION ACTION: Attachment No.1 . CITY OF WINTER SPRINGS IMPACT FEE ANALYSIS REPORT FOR POLICE, FIRE/RESCUE AND PARKS & RECREATION . NOVEMBER 2002 Prepared For: City of Winter Springs Community Development Department 1126 East State Road 434 Winter Springs, Florida 32708-2799 Prepared By: Land Design Innovations, Inc. 140 North Orlando Avenue, Suite 295 WINTER PARK, FLORIDA 32789 . . . . City of Winter Springs IMPACT FEE REPORT TABLE OF CONTENTS A. INTROD U CTI ON .......................................... .'.................;.......... .......................... .............1 B. REVIEW OF CURRENT METHODOLOGY ..................................................................1 C. FIRE / RESCUE SERVICES .................................................................................. .............1 1. Level of Service Standard ................................ ........................ ......... ............. ............. ....1 2. Capital Asset Inventory (CAI) ........................................................................................1 3. Service Requirements per Land Use..............................................................................2 a. Percent Residential Calls (RC) ......................................................................................................2 b. Percentage of Non-residential Calls (N C) ................................................................................. 3 4. Apportioning Costs to New Development.....................................................................3 .!!.:. Residential Square Footage (RSF) ...............................................................................................3 b. Non-Residential Square Footage (NSF) ....................................................................................3 5. Fire /Rescue Impact Fee Calculation ............. ......................................... .................. ....3 .!!.:. Residen tial ........ ................ ................................................. ... .......... ................................................ 3 b. Non-Residential. ........................ ..... ........................................... ................................. ................... 3 6. Determination of Appropriate Credits ...........................................................................4 D. POLICE/LAW ENFORCEMENT SERVICES ................................................................4 1. Level of Service Standard .......................... ...... .................... ................................... ........4 2. Capital Asset Inventory (CAI)........................... .............................................................5 3. Service Requirements per Land Use..............................................................................5 .!!.:. Percent Residential Calls (RC) ............. ............................................................................... ......... 6 b. Percentage of Non-residential Calls (NC) ................................................................................. 6 4. Apportioning Costs to New Development.....................................................................6 .!!.:. Residential Square Footage (RSF) ...............................................................................................6 . City of Winter Springs IMPACT FEE REPORT b. Non-Residential Square Footage (N"SF) ....................................................................................6 5. Police Impact Fee Calculation....................................................................................... 6 a. Residential............................ ........... .................... ........................................ .............. ..................... 7 b. Non-Residential.................. ................ ...... ............... .......................................... ............................ 7 6. Determination of Appropriate Credits ...........................................................................7 E. PARKS & RECREA TI ON .......................................................................... ........................ 7 1. Level of Service Standard....... ............................. ................ ....................... ...... .............. 7 2. 3. 4. 5. . 6. Capital Asset Inventory (CAI)............................... ............... ............ ........ ................ ...... 8 Service Requirements per Land Use............................................................................10 Apportioning Costs to New Development....................................................................10 Parks and Recreation Impact Fee Calculation ............................................................10 a. Residen tial ........ .:........................ ........ ................................................ ............. ........ ..................... 10 Determination of Appropriate Credits .........................................................................10 F. DETERMINATION OF APPROPRIATE CREDITS.................................................... 11 1. Fire / Rescue Credit ...................................................................................................... 11 a. CIP financed through bonds: ....................................................................................................11 b. Percentage of Bond.. ..... ..... ........... ..................... ................................................. ....... ................. 12 Co Amount Applied to Retire Fire ClP Portion of Bond........................................................... 12 d. Present Day Credit......................................... .... .............. ......................... ....................... ........... 12 2. Police Credit............ ..... I.... I" '........ ,...,.. II......... " II II..... I...... ........................,........ II II... I" 12 . a. ClP financed through bonds: ....................................................................................................12 b. Percentage of Bond.......................................... .......................................... ................................. 13 c. Amount Applied to Retire Police ClP Portion of Bond .......................................................13 d. Present Day Credit ......................................................... .............................................................13 . City of Winter Springs IMPACT FEE REPORT 3. Parks and Recreation Credit ........................................................................................13 & CIP financed through bonds: ....................................................................................................13 b. Percentage of Bond... ............ ..................... ......... .............. ............................ .......................... ..... 13 !;.., Amount Applied to Retire Park CIP Portion of Bond.......................................................... 13 d. Present Day Credi t... .... ................ ..... ........... ...................... ............. ................ ... ..... ..... ............... 13 G. IMPACT FEE SUMMARY ............................................................................................... 14 1. Fire / Rescue Impact Fee: .. ............... ........ .......... ................... ........... ........ ........... .......... 14 2. Police/Law Enforcement Impact Fee: ........................................................................15 3. Parks and Recreation Impact Fee:............................................................................... 15 1. . 2. 3. 4. 5. H. APPENDIX "An .................................................. ERROR! BOOKMARK NOT DEFINED. Fire / Rescue Data ................................................................Error! Bookmark not defined. Police/Law Enforcement Data...........................................Error! Bookmark not defined. Parks and Recreation Data .................................................Error! Bookmark not defined. Table 1- Present Day Value Factor....................................Errorl Bookmark not defined. Neighborhood Park Districts Map .....................................Error! Bookmark not defined. . . . . INTRODUCTION Impact fees are used my municipal governments to recoup capital expenses necessary to maintain adopted levels of service associated with new growth. These identifiable capital costs are assigned directly to those residents or service users responsible for the additional cost to help offset capital funding deficiencies and to ensure equity amongst all users, existing and new. The purpose of this report is to determine impact fee amounts for Police, Fire/Rescue and Parks and Recreation related public facilities for use by the City of Winter Springs in accessing a proportionate cost impact fee to new development for these services. The report provides an evaluation of the current impact fee methodology used by the City of Winter Springs for Police and Fire/Rescue services, as well as, providing an updated calculation of the impact fee amount for these services. In addition, this report defines the methodology to be used and the calculation of the impact fee for Parks and Recreation public facilities. Determination of an impact fee amount involves the establishment of facility standards and current deficiencies, inventory and assessment of existing facilities, apportioning of costs to new developments, determination of appropriate credits, and the incorporation of time-price differentials. These elements are defined in the following report for each of the three public services listed above. Review of Current methodology Review of the current methodology used by the City of Winter Springs for the determination of Fire/Rescue and Police impact fees indicates that the previous methods used for calculation of these impact fees was vaJ1d. The current methodology is a "standard driven" approach where the theoretical proportionate share is based upon historical investments made to support the current levels of service. As such, the previous methodology was maintained in the calculation of the updated impact fees for Fire/Rescue and Police services. However, the methodology was revised slightly for residential developments to produce an impact fee based upon building square-footages as opposed to a flat fee for each residential unit, as was previously used. Fire/rescue services Level of Service Standard The City of Winter Springs Fire Department defines the level of service provided to the citizens of the City in terms of average response time. Currently, the Fire Department criteria for an average response time consists of one (1) minute for call processing, one (1) minute for vehicle turnout time, and four (4) minutes for the arrival of the first fire unit for ninety percent (90%) of all incident calls. Additionally, all units responding to a call are required to arrive within eight (8) minutes from vehicle turnout. The Department has concluded that this current level of service is adequate for future service and will therefore be maintained as the basis for determination of Fire/Rescue impact fees. Capital Asset Inventory (CAI) In order to determine a fair impact fee amount, it is necessary to determine the present day value of the public facilities required to provide the currently adopted level of service. Determination of the present day value of existing facilities incorporates a time-price differential into the calculations by assigning a replacement value equal to the cost of replacing a facility today rather than the cost of the facility at the time of its construction/purchase. The data used in determining the present day value of the capital . . . facilities comprising the Winter Springs FirelRescue services were provided through the City of Winter Springs Fire Department and through the Limited Appraisal - Restricted Report prepared by Clayton, Roper and Marshall dated July 31, 2002. Copies of the data and report used in the preparation of this analysis are contained within Appendix "A". The City of Winter Springs owns and operates two fire stations located at 102 North Moss Road (Station 24) and at 850 Northern Way (Station 26). The landfor a third station, approximately 1.5 acres, has also been acquired. In addition to the two stations, the City of Winter Springs Fire Department owns, operates and maintains fourteen (14) vehicles consisting of eight (8) cars/SUV's, three (3) fire engines, and three (3) rescue vehicles. Beyond the direct costs for equipment and facilities, the land values and fair market value of existing structures and improvements are included as capital expenditures associated with the provision of FirelRescue service. Based upon the information provided and documented in Appendix "A", the current replacement values for capital expenditures associated with the provision of FirelRescue service at the ado ted/current level of service is indicated in the follow in table. I Land Value - Station 24 Land Value - Station 26 Land Value - Future Fire Station Station 24 Facilities & E ui ment Station 26 Facilities & E ui ment Facilities Desi n Fees (estimated) FirelRescue Vehicles $110 000 $61,000 $150 000 $675 655 $434 197 $40,000 $1,745,000 Totals : $3,115,851.00 1 - Land values as indicated in the Limited Appraisal- Restricted Report prepared by Clayton, Roper & Marshall. 2 - Facility buildings and contents values as provided by Coregis audit, 2000. 3 - Facilities design fees estimated by Land Design Innovations, Inc. 4 - FirelRescue vehicle values as provided by City of Winter Springs Fire Department. Therefore, the total Capital Asset Inventory (CAI) is equal to $3,215,852.00 for FirelRescue service. Supporting documentation for the values listed above is contained in Appendix "A". Service Requirements per Land Use In order to apportion an equal and fair share of the costs for the capital improvements necessary to provide the adopted level of service, the percentage of the Fire/Rescue public service required to support residential and non-residential land uses is required. These percentages are then applied to apportion a fair share of the capital improvement costs to new development for each type of land use. Incident call report summaries provided by the City of Winter Springs Fire Department were used in the determination of the land use call percentages. In reviewing the incident call summaries, it is noted that there were a total of 3,210 calls for the period of 1/1/01 to 12/31/01. Of these calls, 756 were not attributable to definite land uses but rather to traffic calls, assistance calls from other jurisdictions, open land, etc. These calls were eliminated from the call sample data such that only calls attributable to residential or non-residential land use were counted. The result was 2,454 calls attributable to residential or non-residential land uses within the City. Copies of the supporting data are included in Appendix "A" of this report. Percent Residential Calls (RC) Based upon the call records provided in the Incident Summary Report for 1/1/01-12/31/01, it has been determined that there were a total of 1,884 fixed residential property calls. These calls . . . represent approximately 77% of the total fixed property calls reported to the City of Winter Springs Fire Department. Percentage of Non-residential Calls (NC) Based upon the call records provided in the Incident Summary Report for 1/1/01-12/31/01, it has been determined that there were a total of 570 fixed non-residential property calls. These calls represent approximately 23% of the total fixed property calls reported to the City of Winter Springs Fire Department. Apportioning Costs to New Development The methodology previously used by the City of Winter Springs in determining an impact fee for Fire/Rescue public services was based upon an Equivalent Residential Unit. This methodology was revised to base the impact fee analysis on a building square-footage basis for both residential and non-residential land uses. This method of apportioning costs provides for a more equitable distribution of the impact fee amount. The determination of the total puilding square-footage for residential and non-residential land uses was prepared using the Seminole County Property Appraiser's GIS Database. Residential Square Footage (RSF) The total building square-footage for residential land uses within the City of Winter Springs was determined through the Seminole County Property Appraiser's GIS Database. The total quantity of residential square-footage (RSF) was determined to be 28,721,992 square-feet as of January 2002. Non-Residential Square Footage (NSF) The total building square footage for non-residential land uses within the City of Winter Springs was determined through the Seminole County Property Appraiser's Parcel GIS Database. The total quantity of non-residential square-footage (NSF) was determined to be 779,841 square-feet as of January 2002. FirelRescue Impact Fee Calculation The required impact fee assessment for Fire/Rescue services is based upon the total costs of the capital facilities and equipment costs required to provide the adopted level of service. The impact fee was designed to address the proposed land use and size of development proposed. As such, the fire/rescue public safety facilities impact fee to be paid prior to or in conjunction with the issuance of a building permit shall be levied based upon the following formula and in the following amounts: Residential (CAI x RC)/RSF=Cost per residential square-foot ($3,215,852 x 0.77)/28,721,992 = $0.086 per residential square-foot Non- Residential (CAI x NC)/NSF=Cost per non-residential square-foot . . . ($3,215,852 x 0.23)/779,841 = $0.948 per non-residential square-foot Legend: CAI = Capital Asset Inventory RC = Percent Residential Calls NC = Percentage on Non-Residential Calls RSF = Total Square-Footage of Residential Buildings NSF = Total Square Footage of Non-Residential Buildings Determination of Appropriate Credits According to the records of the City of Winter Springs finance department, a total of $473,694.00 of bond money was used to finance capital improvements for the fire department. As new development will be required to pay impact fees for capital improvements to offset service demand created by their development and to also assist in retiring these bonds for past capital improvements, a credit is due. The following table details the credit due. A detailed description of the calculation of this credit is contained in Section F of this report. Year of Impact Fcc I Total Credit Due Payment , , I 2003 $41.00 2004 $39.87 2005 $38.64 2006 $37.34 2007 $35.94 Additionally, it should be noted that Sec. 7.54 of Winter Springs Code of Ordinance provides for a reduction for sprinkled buildings. This reduction is 100% of the fire impact fee for sprinkled residential buildings and a 5% reduction of the fire impact fee for sprinkled commercial buildings. PolicelLaw Enforcement services Level of Service Standard The City of Winter Springs Police Department currently defines the level of service provided to the citizens of the City in terms of the number of officers versus the population served and in terms of average response time. The determination of Police impact fees will be based upon the average response time/number of incident calls. The national recommendation for number of officers to population served is 2.1 officers per 1000 capita. The City of Winter Springs currently maintains 1.7 officers per 1000 capita. In terms of response time, the Police Department maintains an average response time of three and one half (3.5) minutes for emergency calls and five (5) minutes for non- . . . emergency calls. The Department has concluded that this current level of service is adequate for future service and will therefore be maintained as the basis for determination of Police impact fees. Capital Asset Inventory (CAI) In order to determine a fair impact fee amount, it is necessary to determine the present day value of the public facilities required to provide the currently adopted level of service. Determination of the present day value of existing facilities incorporates a time-price differential into the calculations by assigning a replacement value equal to the cost of replacing a facility today rather than the cost of the facility at the time of its construction/purchase. The data used in determining the present day value of the capital facilities comprising the Winter Springs Police services were provided through the City of Winter Springs Police Department and through the Limited Appraisal - Restricted Report prepared by Clayton, Roper and Marshall dated! July 31, 2002. Copies of the data and report used in the preparation of this analysis are contained within Appendix "A". The City of Winter Springs operates one police station servicing the entire City which is located at 300 North Moss Road. In addition to the single police station, the City of Winter Springs Police Department owns, operates and maintains fifty-eight (58) marked police vehicles and one (1) command post vehicle. Beyond the direct costs for equipment and facilities, the land values and fair market value of existing structures and improvements are included as capital expenditures associated with the provision of Police service to the citizens of Winter Springs. Based upon the information provided and documented in Appendix "A", the current replacement values for capital expenditures associated with the provision of Police service at the ado ted/current level of service is indicated in the followin table. I I Land Value (Police De artment) Police Department Facilities & E ui ment 2 Police Vehicles Facilities Desi 1 - Land values as indicated in the Limited Appraisal- Restricted Report prepared by Clayton, Roper & MarshaU. 2 - Facility buildings and contents values as provided by Coregis audit, 2000. 3 - Police vehicle values as provided by City of Winter Springs Police Department. 4 - Facilities design fees estimated by Land Design Innovations, Inc. Therefore, the total Capital Asset Inventory (CAI) is equal to $4,618,271.00 for Police service. Supporting documentation for the values listed above is contained in Appendix "A". Service Requirements per Land Use In order to apportion an equal and fair share of the costs for the capital improvements necessary to provide the adopted level of service, the percentage of the Police public service required to support residential and non-residential land uses is required. These percentages are then applied to apportion a fair share of the capital improvement costs to new development for each type of land use. Incident call report summaries provided by the C~ty of Winter Springs Police Department were used in the determination of the land use call percentages. In reviewing the incident call summaries, it is noted that there were a total of 30,457 calls for the period of 1/1/01 to 12/31/01. Of these calls, 13,785 were not attributable to definite land uses but rather to traffic citation, traffic calls, written . . . warnings, etc. These calls were eliminated from the call sample data such that only calls attributable to residential or non-residential land use were counted. The result was 16,672 calls attributable to residential or non-residential land uses within the City. Copies of the supporting data are included in Appendix "A" of this report. Percent Residential Calls (RC) Based upon the call records provided in the Winter Springs Police Department Calls for Service for 1/1/01-12/31/01, it was determined that there were a total of 11,710 fixed residential property calls. These calls represent approximately 70% of the total fixed property calls reported to the City of Winter Springs Police Department. Percentage of Non-residential Calls (NC) Based upon the call records provided in the Winter Springs Police Department Calls for Service for 1/1/01-12/31/01, it was determined that there were a total of 4,962 fixed non-residential property calls. These calls represent approximately 30% of the total fixed property calls reported to the City of Winter Springs Police Department. Apportioning Costs to New Development The methodology previously used by the City of Winter Springs in determining an impact fee for Police public services was based upon Equivalent Residential Unit comparisons. This methodology was revised to base the impact fee analysis on a building square-footage "basis for both residential and non-residential land uses. This method of apportioning costs provides for a more equitable distribution of the impact fee amount. The determination of the total building square-footage for residential and non-residential land uses was prepared using the Seminole County Property Appraiser's GIS Database. Residential Square Footage (RSF) The total building square-footage for residential land uses (RSF) within the City of Winter Springs was determined through the Seminole County Property Appraiser's GIS Database. The total quantity of residential land use building square-footage was determined to be 28,721,992 square-feet as of January 2002. Non-Residential Square Footage (NSF) The total building square-footage for non-residential land uses (NSF) within the City of Winter Springs was determined through the Seminole County Property Appraiser's Parcel GIS Database. The total quantity of non-residential land use building square-footage was determined to be 779,841 square-feet as of January 2002. Police Impact Fee Calculation The required impact fee assessment for Police services is based upon the total costs of the capital facilities and equipment costs required to provide the adopted level of service. The impact fee was design to address the proposed land use and size of development proposed. As such, the police public safety facilities impact fee to be paid prior to or in conjunction . . . with the issuance of a building permit shall be levied based upon the following formula and in the following amounts: Residential (CAI x RC)/RSF=Cost per residential square-foot ($4,618,271 x 0.70)/28,721,992 = $0.113 per residential square-foot Non-Residential (CAI x NC)/NSF=Cost per non-residential square-foot ($4,618,271 x 0.30)/779,841 = $1.777 per non-residential square-foot Legend: CAI = Capital Asset Inventory RC = Percent Residential Calls NC = Percentage on Non-Residential Calls RSF = Total Square-Footage of Residential Buildings NSF = Total Square Footage of Non-Residential Buildings Determination of Appropriate Credits According to the records of the City of Winter Springs finance department,. a total of $2,304,797.00 of bond money was used to finance capital improvements for the police department. As new development will be required to pay impact fees for capital improvements to offset service demand created by their development and to also assist in retiring these bonds for past capital improvements, a credit is due. The table below details the credit due. A detailed description of the calculation of this credit is contained in Section F of this report. Year of Impact Fee I Total Credit Due Payment i 2003 $176.08 2004 $169.77 2005 $163.02 2006 $155.79 2007 $148.05 Parks & Recreation Level of Service Standard The City of Winter Springs Parks and Recreation Department currently defines the level of service provided to the citizens of the City in terms of the number of acres of parkland versus the population served. The City of Winter Springs adopted level of service is five (5) acres of parkland for every 1000 capita. Additional details on Parks and Recreation level of service standards are provided within the Winter Springs Comprehensive Plan. The Parks and Recreation Department currently exceeds this level of service and has concluded that . . . this level of service is adequate for future service and will therefore be maintained. There are currently no overall parkland deficiencies within the City. Capital Asset Inventory (CAI) In order to determine a fair impact fee amount, it is necessary to determine the present day value of the public facilities required to provide the currendy adopted level of service. The data used in determining the present day value of the capital facilities comprising the Winter Springs Parks and Recreation facilities were provided through the City of Winter Springs Parks and Recreation Department. Copies of the data provided are contained within Appendix "A". The City of Winter Springs owns, operates and maintains eleven (11) park related facilities within the City limits. These facilities provide both passive and active recreational uses. In addition to the direct facilities costs, the cost for land acquisition was also included as a capital expenditures associated with the provisions of parks and recreational facilities. Based upon the information provided by the City of Winter Springs Parks and Recreation Department and through the J...jmited Appraisal- Restricted Report prepared by Clayton, Roper and Marshall dated July 31, 2002, the current replacement values for capital expenditures associated with the provision of parks and recreational services at the adopted/current level of service is indicated in the following table. . . . 1 - Land values as indicated in the Limited Appraisal- Restricted Report prepared by Clayton, Roper & Marshall. 2 - Parks construction cost as indicated on M.H. Williams Construction Co. cost schedule provided by the City of Winter Springs. 3 - Additional improvements as indicated on Starmer Rinaldi Planning & Arch. Budget Pricing, dated 4/22/99. 4 - Values represent costs provided by City of Winter Springs and estimated costs as provided by LDI, see Appendix "A" - Additional Parks Facilities and Structures Cost Summary. Park Facility Land Valuel Constructio Additional E<luipment & Total Cost n Cose , Strucutrcs" Iml): Torcaso Park $487,200.00 $443,093.43 $24,271.00 $119,105.00 $1,073,669.43 Trotwood Park $2,720,000.00 $825,284.35 $66,065.50 $212,000.00 $3,823,349.85 Central Winds Park $8,500,000.00 $232,614.00 n/a $1,363,825.00 $10,096,439.00 Sunshine Park $1,000,000.00 $433,947.72 $34,539.00 $669,205.00 $2,137,691.72 Winding Hollow Park $3,827,200.00 $110,885.00 $36,970.00 n/a $3,975,055.00 Sam Smith Park $1,088,880.00 $256,575.22 $57,221.50 n/a $1,402,676.72 Moss Park $250,000.00 $341,885.64 $67,555.00 n/a $659,440.64 Oak Hollow Park $100,800.00 n/a $47,716.00 n/a $148,516.00 Bear Creek Nature Trail $244,800.00 n/a n/a $6,500.00 $251,300.00 Ranchlands Park $292,864.00 n/a n/a $22,600.00 $315,464.00 Fruitwood Park $50,000.00 n/a n/a $20,600.00 $70,600.00 Total $23,954,202.36 . . . Service Requirements per Land Use Parks and recreational facilities typically service residential land uses only. Non-residential land uses are not anticipated to place additional demand on park facilities. As such, the capital improvement costs associated with the provision of parks and recreational services is attributable solely to residential land uses. Consequently, impact fees for the provision of parks and recreational facilities is born by residential development only. Apportioning Costs to New Development The methodology used in preparing the parks impact fee analysis apportioned costs to residential land uses on a s9uare-foot basis. In addition to apportioning costs to residential development, it is necessary to track the source of the park impact fees paid. Tracking the parks impact fee is necessary due to the nature of the parks related improvements. The parks system consists of community and neighborhood parks. While the ~ommunity parks serve the entire Winter Springs community, neighborhood parks are project specific and serve only a localized area. As such, impact fees spent on community parks can be spent throughout the City while impact fees spent on neighborhood parks must be spent within the vicinity of the development which paid the impact fee. To track this matter, the City has been divided into four quadrants, see Figure 1. The dividing lines for the quadrants are State Road 434 and Tuscawilla Road. These dividing lines were chosen because they represent natural divisions from a neighborhood park perspective. Neighborhood parks are designed to service a localized area and as such m~ch of the use is from children which travel to the parks via bicycle, walking, etc. Major thoroughfares such as S.R. 434 and. Tuscawilla Road present natural boundaries for children and thus were used to define the four districts. Impact fees from new development spent on neighborhood parks must therefore be spent within the district where the new development is located. The tracking of which District the Park impact fee originated from is therefore critical. Parks and Recreation Impact Fee Calculation The required impact fee assessment for Parks and Recreation services is based upon the total costs of the capital facilities and equipment costs required to provide the adopted level of service. The impact fee was determined to address the proposed land use and size of development proposed. As such, the Parks and Recreation impact fee to be paid prior to or in conjunction with the issuance of a building permit shall be levied based upon the following formula and in the following amounts: Residential CAI/RSF=Cost per residential square-foot 23,954,202.36/28,721,992 = $0.834 per residential square-foot Legend: CAI = Capital Asset Inventory RSF = Total Square-Footage of Residential Buildings Determination of Appropriate Credits According to the records of the City of Winter Springs finance department, a total of $9,101,321.00 of bond money was used to finance capital improvements for the parks and recreation department. As new development will be required to pay impact fees for capital improvements to offset service demand created by their development and to also assist in retiring these bonds for past capital improvements, a credit is due. The table below details the credit due. A detailed description of the calculation of this credit is contained in Section F of this report. . Year ofImpact Fee Total Credit Due Payment 2003 $639.13 2004 $630.55 2005 $621.37 2006 $611.54 2007 $601.03 In addition to the credit indicated in the table above, the City will be required to calculate the appropriate credit associated with the assessed millage rate for payment of the '02 bond. See Section F(3) for additional details. Determination of appropriate credits According to the records of the City of Winter Springs finance department, a total of $21,338,970.00 in bonds has been issued by the City. Portions of these bonds were devoted to capital improvement projects for the provision of police, fire/rescue, and parks and recreations services. A breakdown of the bond amounts and other bond related information is detailed in the table below: . Bond Bond Maturity Paid By Amount Date '93 Bond $9,365,000 2018 PST/FF '99 Bond $7,998,970 2029 PST/FF '02 Bond $3,400,000 2032 VDS PST /FF: Public Service Taxes/Franchise Fees VDS: Voter Debt Service (0.25 millage rate applied to property value) Records from the City of Winter Springs indicate that the average assessed PST /FF per customer has increased every year from 1997 to 2001 with a maximum average assessment of $309.00 per customer in 2001. The percentage of the PST IFF assessment devoted to retiring the '93 and '99 bonds is 50% or $151.50. The remaining 50% of these fees is allocated to the City's general fund. Half of the $151.50 ($75.75) from PST/FF is split and devoted to retiring the '93 and '99 bonds. The following calculations describe the dollar amount of the PST IFF devoted to retiring that portion of each bond related to capital improvement projects. Fire/Rescue Credit . CIP financed through bonds: Of the entire bond amounts, only a portion was devoted to financing capital improvement projects related to FirelRescue facilities. The amounts below identify the dollar amount from each bond devoted to FirelRescue capital projects. Appendix "A" contains the supporting documentation for these amounts. '93 bond $343,569.00 '99 bond $130,125.00 Total: $473.694.00 . . . Percentage of Bond Percentage of '93 bond: Percentage of '99 bond: $343,569/$9,365,000 = $130,125/$7,998,970 = 3.67 % 1.63% Amount Applied to Retire Fire CIP Portion of Bond '93 Bond: $75.75 x 3.67% '99 Bond: $75.75 x 1.63% = $2.78 $1.23 Present Day Credit The dollar amount determined in section (c) above is collected over the life of the bond. Therefore, the sum of these payments represents the credit due toward the payment of impact fees. Payments received in the future have a lower dollar amount in the present. The difference between the future and present value is interest. Therefore, the present value of a series of payments over a number of years must be calculated to determine the actual credit to the impact fee. For the purposes of calculating the present day value, an interest rate of 7% is assumed. The following two tables identify the credits due for impact fee payments between 2003 and 2007 to offset the fees assessedto retire the '93 and '99 bonds. 199J BOND Beginning Payment Year Present Day Factor Total Credit 2003 9.44665 $26.26 2004 9.10791 $25.32 2005 8.74547 $24.31 2006 8.35765 $23.23 2007 7.94269 $22.08 * Credits have been determined through 2007. A reassessment of the impact fee should be provided prior to 2007. 1999 BOND Beginning Payment Year Present Day Factor Total Credit 2003 11.98671 $14.74 2004 11.82578 $14.55 2005 11.65358 $14.33 2006 11.46933 $14.11 2007 11.27219 $13.86 * Credits have been determined through 2007. A reassessment of the impact fee should be provided prior to 2007. Police Credit CIP financed through bonds: Of the entire bond amounts, only a portion was devoted to financing capital improvement projects related to Police facilities. The amounts below identify the dollar amount from each bond devoted to Police capital projects. Appendix "A" contains the supporting documentation for these amounts. '93 bond $2,304,797.00 . . . Total: $2,304,797.00 Percentage of Bond Percentage of '93 bond: $2,304,797/$9,365,000 = 24.61 % Amount Applied to Retire Police CIP Portion of Bond '93 Bond: $75.75 x 24.61 % = $18.64 Present Day Credit The dollar amount determined in section (c) above is collected over the life of the bond. Therefore, the sum of these payments represents the credit due toward the payment of impact fees. Payments received in the future have a lower dollar amount in the present. The difference between the future and present value is interest. Therefore, the present value of a series of payments over a number of years must be calculated to determine the actual credit to the impact fee. For the purposes of calculating the present day value, an interest rate of 7% is assumed. The following are the credits due for impact fee payments between 2003 and 2007 to offset the fees assessed to retire the '93 bond. 1993 BOND Beginning Payment Year Prcscnt Day Factor Total Credit 2003 9.44665 $176.08 2004 9.10791 $169.77 2005 8.74547 $163.02 2006 . 8.35765 $155.79 2007 7.94269 $148.05 * Credits have been determined through 2007. A reassessment of the impact fee should be provided prior to 2007. Parks and Recreation Credit CIP financed through bonds: Of the entire bond amounts, only a portion was devoted to financing capital improvement projects related to Parks and Recreation facilities. The amounts below identify the dollar amount from each bond devoted to Parks and Recreation capital projects. Appendix "A" contains the supporting documentation for these amounts. '99 bond Total: $5,630,348.00 $5,630,348.00 Percentage of Bond Percentage of '99 bond: $5,630,348/$7,998,970 = 70.39% Amount Applied to Retire Park CIP Portion of Bond '99 Bond: $75.75 x 70.39% = $53.32 Present Day Credit The dollar amount determined in section (c) above is collected over the life of the bond. Therefore, the sum of these payments represents the credit due toward the payment of impact fees. Payments received . . . in the future have a lower dollar amount in the present. The difference between the future and present value is interest. Therefore, the present value of a series of payments over a number of years must be calculated to determine the actual credit to the impact fee. For the purposes of calculating the present day value, an interest rate of 7% is assumed. The following are the credits due for impact fee payments between 2003 and 2007 to offset the fees assessed to retire the '99 bond. 1999 BOND Beginning Paymcnt Year Present Day Factor Total Credit 2003 11.98671 $639.13 2004 11.82578 $630.55 2005 11.65358 $621.37 2006 11.46933 $611.54 2007 11.27219 $601.03 * Credits have been determined through 2007. A reassessment of the impact fee should be provided prior to 2007. In addition to the '99 bond, 100% of the 2002 bond, an amount of $3,400,000, was entirely devoted to capital improvement projects for parks and recreation facilities. This bond is being retired through a 0.25 millage rate assessed on property values. As such, payments made over the life of the bond on an individual property value basis must be summed and modified to represent present day value and reimbursed as an additional credit to that listed in the table above. The present day value of the sum of payments over the life of the bond is equal to the dollar amount of the current annual payment multiplied by the appropriate Present Day Value Factor (see the table above or Table 1 in the Appendix). IMPACT FEE SUMMARY Based upon the data collected and the methodology employed, the recommended impact fee amounts for public services for the provision of fire/rescue, law enforcement, and parks and recreational facilities is as follows: Residential: Fire/Rescue Impact Fee: $0.086 per residential square-foot $0.948 per non-residential square-foot Non-Residential: The impact fees indicated above must be modified to account for the appropriate credit as previously calculated. A comparison of the current impact fees being assessed by the City of Winter Springs and the surrounding Cities are as follows (the City of Longwood has not been included as the basis of its impact fees is not consistent with that of Winter Springs and the surrou d' 'f) I City Residential Commcrcial Impact Fee ::: Impact Fcc :::::: Winter S rin s $174.00 er DU $0.95 er s -ft Casselberr nJa nJa Oviedo $205.00 er DU $0.25 er s -ft Lake Mar $175.00 er DU $0.31 er s -ft Sanford $59.27 er DU $0.345 er s -ft Altamonte S rin $91.58 er DU Varies er use * Based upon an impact fee paid in 2003 and an average residential building square-footage of 2,500.. ** Impact fee credit is not included and should be applied. . . . PoliceILaw Enforcement Impact Fee: Residential: $0.113 per residential square-foot Non-Residential: $1.777 per non-residential square-foot The impact fees indicated above must be modified to account for the appropriate credit as previously calculated. A comparison of the current impact fees being assessed by the City of Winter Springs and the surrounding Cities are as follows (the City of Longwood has not been included as the basis of its impact fees is not consistent with that of Winter Springs. and the surrounding cities): City Rcsidcntial Commercial I;"pact Fce :;: Impact Fce :;::;: Winter S rin s $106.42 er DU Casselberr nJa Oviedo $178.37 er DU Lake Mar $165.00 er DU Sanford $91.93 er DU Altamonte S rin s $54.821 er DU $0.17 er s -ft (ave.) * Based upon an impact fee paid in 2003 and an average residential building square-footage of 2,500; ** Impact fee credit is not included and should be applied. Parks and Recreation Impact Fee: Residential: $0.834 per residential square-foot The impact fees indicated above must be modified to account for the appropriate credit as previously calculated. A comparison of the current impact fees being assessed by the City of Winter Springs and the surrounding Cities are as follows (the City of Longwood has not been included as the basis of its impact fees is not consistent with that of Winter Springs and the surrounding cities): City Residential Impact Fee ::: * Winter S rin s $908.37 Casselberr $395.00 Oviedo $397.00 Lake Mar $335.00 Sanford $279.61 Altamonte S rin s $311.21 er DU Based upon an impact fee paid in 2003 and an average residential building square-footage of 2,500 and an average property value of $215,000. . 2003 DEVELOPABLE LANDS - U.JUSTED RATE SCHEDULE Attacat No.2 ;. ,'.' ..-." .~; . ,. .-.....1 -",; '. '__ " . ~ , .. ..... .. ... H. . ..,',. :"""...'. \ ....: ~FIf.~~ 2f.)e!ii9rtll!iqnMhl'. -:[)en~iW" ::, . : M~x~.'()~nsitY:,. , ..,_,.~.."'\L};"'.~,:; ,'< > ',.:~' " '.' .._....;~:. . '., :"':: .'. Residential Rural 0 DU/Acre 1.0 DU/Acre Low Density Res. 1.1 DU/Acre 3.5 DU/Acre Medium Density Res 3.6 DU/Acre 9.0 DU/Acre High Density Res. 9.1 DU/Acre 21.0 DU/Acre Commerical (4) 0.25 FAR 0.5 FAR Industrial (4) 0.25 FAR 0.5 FAR Public/Semi-Public 0.25 FAR 0.5 FAR Recreation/Open Sp. 0 FAR 0.25 FAR Vacant N/A N/A Sub- Totals . . . ":~_, .. - O' : .- """"" I'. ... .C-.,' .Ma~j:irE!':';', Min; P.olice; . MaX,,~olice. ..Min~ :Patks . Max, Parks. :,:I'~P~.~t':F~~'.; }\I~R~~~':~~': ',.1~~~~~~~,.:1 :1:m~~(~~:3:ii;~;~W~~3~ii;J $2,610 $0 $1,596 $0 $13,626 $109,011 $20,954 $66,672 $178,858 $569,094 ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ $2,658,231 $2,473,633 $4,969,980 $0 $0 $1,792,760 $1,668,264 $3,351,847 $0 $0 ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ $4,562,612 $4,162,851 $8,390,096 $17~,858 $582,719 . FI.:UMMo .~. '. .. . .. In.'r.lre Acreage' ._;.....'.; .... .:",' : ~', :(~)..:' J~p~~t.Fee 15 $0 179 $34,261 o $0 o $0 129 $1,326,471 87 $894,597 o $0 o $0 o $0 410 $2,255,328 Median Impact Fee Collected $3,408,970 $6,276,474 $380,789 .,', \':-~;~ .IMPAc.Tf;Ee.AMOUNTS~BASED~UPON:MEDIANDENSITJll8VI[/DOtJ7!:.;,,~:.._j.':':~:~_~.:... ".-~-,-.<~ h.,..,:,".",._., '-~..",- ~.~"~.".' ......~. .~. ._........,...--...:-._>'>.~, --"'-'-' ..'.,' ,".,." '_ .,..,._._.,'..~':'~..~ ~ ~'.'.. __-_..,-_,.__~'~;,.,. ._.-;.,,_.....-,...,...,..,,_~..._,.-~.,,-.::.:,.'--~-r-_~--- '*~.."'. .'_~ c~i~~~~~ie;~~~~!!!i~~,fI~j~2~~~i'~~~~lr''''\\'"1]fil~1~~1~l~~i~ Mixed Use 8 DU/Acre 0.8 FAR 85 $59,160 $1,402,283 $36,183 $2,624,325 $308,846 N/A Town Center 12 DU/Acre 1.0 FAR 167 $196,893 $1,722,349 $75,030 $3,224,354 $738,529 N/A Greeneway Int. 8 DU/Acre 0.8 FAR 179 $37,662 $4,429,566 $37,662 $8,289,779 $86,339 N/A Sub-Totals 431 $293,715 $7,554,199 $148,874 $14,138,457 $1,133,714 $0 Median Impact Fee Collected $7,847,913 $14,287,332 $1133,714 $11 256883 $20563805 $1514502 CREDITS $41.00 per DU 1) Residential credits based upon payment of impact fees in $41.00 per customer year 2003, with an average 2,500 square-foot house with a $176.08 per DU 2) Comercial credits based upon payment of impact fees in year $176.08 per customer. 2003 with an average 1.0 acre parcel. $1,176.63 per DU 3) FLUM Acreage from the Comprehensive Plan Fire Impact Fee: Residential: $0.086 per sq-ft Commercial: _per sq-ft Residential: $0.113 per sq-ft Commercial: _per sq-ft Residential: $0.834 per sq-ft Police Impact Fee: Parks Impact Fee: ASSUMPTIONS: Mixed Use: 50% Residential/50% Commercial 2,500 sq. ft. average dwelling unit Town Center: 75% Residential/25% Comm Greenway: 2,000 sq. ft. average dwelling unit 25% Residential/75% Comme 1,700 sq. ft. average dwelling . . . 2003 DEVELOPABLE LANDS - ADJUSTED RATE SCHEDULE Attachment No. 3 t~~~~F~~i~t. '~i~~jf~ )~~Sl .. ....1\f;ty;,:j ;~~i!: i~\J~;ri~} '~~~~i;~,'i~~~~J!~;. f~I~ij!?~~ ~i'"S' "" '"-,c.,,, .",9,..,.,. V' .""..Y. '..'- ,:>.",..",ty",. ,:,'Acre ' .,;~.","-,P".;, ',.' 'Impact'F.ee.J"lmpact';Eee' 'Impactc.Fee" "lmpactF..ee" 'Imp . ,,?;~i:~;/~~: ~-~,< ~. > ',<:, /':': ~ . >:~:<,;:".' ,i; .;:".~;.( - " - 3.?"~'C,\V' ;<f:. ,'::~;_.~~' ';~~" :':';:':~'..,.' ,.:.,:,,;\ ;;,~:; .';:"'''::!~{;:;~'.:-'''"', c.;.:,:"::;:,J)',,,,:;"x,o' ;';;y ;,!;;"i\: ;~';;'i;.'-'" - Residential Rural 0 DU/Acre 1.0 DU/Acre 15 $0 $2,610 $0 $1.596 $0 $13.626 Low Density Res. 1.1 DU/Acre 3.5 o U/Acre 179 $34.261 $109.011 $20.954 $66,672 $178,858 $569,094 Medium Density Res. 3.6 DU/Acre 9.0 DU/Acre 0 $0 $0 $0 $0 $0 $0 High Density Res. 9.1 DU/Acre 21,0 DU/Acre 0 $0 $0 $0 $0 $0 $0 Commerical (4) 0.25 FAR 0.5 FAR 129 $486.395 $978,078 $398.729 $820,172 $0 $0 Industrial (4) 0.25 FAR 0.5 FAR 87 $328.034 $659,634 $268,910 $553,139 $0 $0 Public/Semi-Public 0.25 FAR 0.5 FAR 0 $0 $0 $0 $0 $0 $0 Recreation/Open Spa 0 FAR 0.25 FAR 0 $0 $0 $0 $0 $0 $0 Vacant N/A N/A 0 $0 $0 $0 $0 $0 $0 Sub-Totals 410 $848,689 $1,749,333 $688,593 $1,441,579 $178,858 $582,719 Median Impact Fee Collected $1,299,011 $1,065,086 $380,789 ";~~~.':/IfA~.J'lCr'FEE~IJ.:MOQ.NI'$..-8A'SlEl;t;PR,q!!l/MF.1;!!~~~fJlf.fi{$!7!M7B.ljJlt{@fFJJ!fP.':~:~:{:~~;:?:' .. - , " Mixed Use 0.8 FAR 85 $59,160 $516.622 $36,183 $308,846 N/A Town Center 1.0 FAR 167 $196,893 $634,809 $75,030 $738.529 N/ A Greeneway Interchang 0.8 FAR 179 $37,662 $1,631,916 $37,662 $86,339 N/A Sub-Totals 431 $293,715 $2,783,346 $148,874 $2,354,931 $1,133,714 $0 Median Impact Fee Collected $3,077,061 $2,503,805 $1,133,714 $4376072 $3568891 $1 514502 CREDrrs Residential: $0.086 per sq-ft $41.00 per DU Commercial: "per sq-ft $41.00 per customer Fire Impact Fee: Police Impact Fee: Residential: $0.113 per sq-ft $176.08 per DU Commercial: _ per sq-ft $176.08 per customer Residential: $0.834 per sq-ft $1,176.63 per DU 1) Residential credits based upon payment of impact fees in year 2003, with an average 2,500 square-foot house with a $215,000 value. 2) Comercial credits based upon payment of impact fees in year 2003 with an average 1 .0 acre parcel. 3) FLUM Acreage from the Comprehensive Plan Parks Impact Fee: ASSUM PTIONS: Mixed Use: 50% Residential/50% Commercial 2,500 sq. ft. average dwelling unit Town Center 75% Resi./25% Comm. 2,000 sq. ft. average du Greenway: 25% Resi./75% Comm. 1,700 sq. ft. average dun