Impact Fees Semi-Annual Report

1. Semi-Annual Report on
Impact Fees
June 13, 2019

2. LGC § 395.001 Definition:
“…assessment imposed by a political
subdivision against new development in
order to generate revenue for funding or
recouping the costs of capital
improvements or facility expansions
necessitated by and attributable to the
new development.”

3. System-Wide Impact Fees
Water $500/LUE
Wastewater $3,000/LUE
Roadway $375/SU Res
$80/SU Non-Res

4. Water Impact Fees
10-yr CIP = $49M
Impact Fee Eligible CIP = $34M
Max Allowable IF (91%) = $31M
Collection Rate (17%) = $5M
Max Allowable = Impact Fee Eligible CIP – Debt Service Credit

5. Wastewater Impact Fees
10-yr CIP = $154M
Impact Fee Eligible CIP = $72M
Max Allowable (92%) = $66M
Collection Rate (54%) = $36M

6. Roadway Service Areas

7. Roadway Impact Fees
10-YR CIP = $207M
Impact Fee CIP = $136M
Max Allowable (99%) = $134M
Collection Rate (9%) = $12M

8. System-Wide
Impact Fee
Allowable
Max Fee
per
Service
Unit
Adopted
Collection
Rate per
Service
Unit
Total
Amount
Collected
Eligible
Capital
Improvement
Costs
Recoverable
at Collection
Rate
Water $2,917 $500 $590,200 $34,140,850 $5 M
Wastewater $5,519 $3000 $2,695,100 $72,285,485 $36 M
Roadway
Zone A $1,061 $375/$80 $104,022 $15,101,941 $1.4M
Roadway
Zone B $1,072 $375/$80 $69,618 $15,667,860 $1.4M
Roadway
Zone C $2,556 $375/$80 $378,845 $48,665,106 $4.4M
Roadway
Zone D $4,004 $375/$80 $84,595 $54,579,323 $4.9M