presented by public resources management group, inc. recreation impact fee study prepared on october...
DESCRIPTION
3 Comprehensive Plan Master Plan Funding / Fee Plan Recreation Planning Process City of Palm Coast Recreational Impact FeesTRANSCRIPT
Presented By
Public Resources Management Group, Inc.
RECREATION IMPACT FEE STUDYPrepared on October 10th, 2013
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The City of Palm Coast is a Growth-Oriented Community
2000 Population – 32,732 (Census)
2010 Population – 75,180 (Census)
Current Population Estimate (2012 BEBR) – 77,068
Projected Population at Buildout – 203,000
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Comprehensive Plan
Master Plan
Funding / Fee Plan
Recreation Planning Process
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Impact Fee Methods: Standards Vs. Needs (Improvements) Approach
Standards Approach:• Simple to Calculate• Based on established
standards or historical service levels
• Uses primarily for areas such as Roadways, Libraries, Police and Fire
Needs (Improvements) Approach• Forward Looking• Based on Capital Facility Plan• Typically used for Water,
Sewer, and Recreational Impact Fees
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City of Palm CoastRecreational Impact Fees
Description Amount Basis
Existing City Investment in Recreational Facilities and Activities $13,895,201 Less Grant Funding (2,005,176)Net City Investment in Recreational Facilities and Activities $11,890,025
Future City Investment in Recreational Facilities and Activities (Capital Plan)Parks $12,450,000 Neighborhood Parks 34,500,000 Community Centers 13,900,000 Community Parks 32,812,500 Resource Based Parks (Passive Parks) 3,000,000 Trails and Trail Amenities 3,475,000 Contingency / Safety Improvements 750,000 Park Renovations 825000Special Use Facilities 30,735,000 Adjustments to Capital Plan 0
Total Future City Investment in Recreational Facilities and Activities $132,447,500
Total Costs of Existing and Future Investments in Recreational Facilities, Activities and Parklands $144,337,525Total City Buildout Population 203,000Total Cost to be Recovered Per Capita $711.02
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City of Palm CoastRecreational Impact Fees
DescriptionAmount Basis
Total Current Population 77,068
Total Buildout Population 203,000
Current Population as Percentage of Buildout Population 37.96%
Alternative Funding Credit Calculation Total Costs of Existing and Future Investments in Recreational Facilities,
Activities, etc. $144,337,525
Minus Net City Investment in Recreational Facilities and Activities (11,890,025)
Adjusted Costs to be Recovered $132,447,500
Adjusted Costs to be Recovered $132,447,500
Current Population as Percentage of Buildout 37.96%
Portion of Future Asset Costs to be Credited $50,277,071
Total City Buildout Population 203,000
Total Credit Per Capita $247.67
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City of Palm CoastRecreational Impact Fees
Description Impact Fee
Cost Per Capita $711.02
Alternative Funding Credit (247.67)
Cost to be Recovered per Capita $463.35
Persons per Household 2.51
Proposed Impact Fee $1,163.01
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City of Palm CoastRecreational Impact Fees
DescriptionAmount per
Dwelling Unit
Existing Recreation Impact Fee $1,264.06
Proposed Recreation Impact Fee $1,163.01
Fee Increase / (Decrease) ($101.05)
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Amendments to Park Impact Fee Ordinance Changes will incorporate the study and reflect the
calculation of Impact Fees using the new methodology.
Impact Fee Resolution Establish Impact Fee based on new methodology and
calculation
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Next Steps November 5th City Council - 1ST Reading of Park Impact
Fee Ordinance
November 19th City Council:
2nd Reading of Park Impact Fee Ordinance
Resolution for Park Impact Fee
City of Palm CoastRecreational Impact Fees