The URL can be used to link to this page

Home My WebLink AboutMarch 17, 2022 Road Impact Fee Update StudySt. Lucie Count v Road Impact Fee Update Study Planning & Zoning Commission March 17, 2022 ' ST., 1E 41d.0 E *Fefo 6 U ly F L 0 A lindale is now>> 19 benesch t-401iver FMWWQIIEW�-� DUNTY Presentation Overview L 0 R I D A I ackground/Purpose 2) Technical Analysis 3) Impact Fee Benefit Zones 4) Next Steps ST,.!LLICIE COUNTY �, Background/Purpose F L O R 1 D A= Impact Fee Definition; • One-time capital charge to new development • Covers the cost of new capital facility capacity • Implements the CIE and CIP A Background/Purpose • Maintain current level -of -service (LOS) • Calculate the cost of growth • Potential large developments • Most needed when: • High growth • Limited funding ST,. LUCIE COUNTY :"�Background/Purpose F L O R I D A Legal Requirements — F.S. 163.31801: • Most recent and localized data • Minimum of 90-day notice for any fee increases after adoption • May not collect prior to building permit • Rational nexus in the amount of collection and expenditures • May not use for prior debt or projects unless there is a nexus showing use for need due to new growth • In any action challenging the fee, the government has the burden of proof • Accounting of impact fee collections & expenditures Background/Purpose • Limit on fee increases: • No more than 12.5% per year • Cannot be increased more than 50% • Cannot be increased more than once every four years • Exception: • A study within the past 12 months demonstrating extraordinary circumstances • Two public workshops to discuss the extraordinary circumstances • Increase to be approved by 2/3rd of the governing body Presentation Overview 1) Background/Purpose 2) Technical Analysis 3) Impact Fee Benefit Zones 4) Next Steps Technical Analysis ;�"&' Methodology ii &iiption-Based: • Common methodology used by most Florida jurisdictions • Charges new growth based on its consumption of transportation capacity • Typically calculated using LOS standards: • When current conditions are better than adopted LOS standard on a county -wide basis, slows down the degradation of the system, but not sufficient to maintain current conditions - BOCC can adopt fees at a reduced rate 8 awflaippi-ik"Technical Analysis o R ' o A — Basic Road Impact Fee Formula Net Road Impact Fee = (Cost — Credit) x Demand t I\ Cost to add Non -impact fee Vehicle - capacity revenue from Miles of future development Travel MEW Technical Analysis TY 06W ' Single Family Fee Calculation (2,000 sq ft): Unincorporated One Lane Mile Capacity =9,600 Vehicle -miles of capacity =$565 Total Credit=$1,500 Net Fee =$8,700 Total Impact _ Cost=$10,200 18 vehicle -miles of daily travel 91 9 10 UNTY Technical Analysis W I o A --- Demand Component Demand Component • National ITE Reference (11th Edition) • Florida Studies Database • Treasure Coast Regional Planning Model (TCRPM v5) • Demand Calculation: • Trip Gen. Rate x Trip Length x % New Trips COUNTYTechnical Analysis F L O R I D A -- Cost Component Cost Component: Process Review of historical local projects • Review of cost estimates in the CIP & LRTP • Supplemental data from other Florida jurisdictions 11 12 NWE -,4, Technical Analysis t ° A ..4 Cost Component: County Roads Cost Component: County Roads • Sources: • St. Lucie County roadway improvements • Most recent projects: • Midway Rd from Selvitz Road to S. 25t" Street (2014, $7.7M, CPLM) • Midway Road from S. 251" Street to US-1 (2016, $9.8M CPLM) • Estimate for Planned Improvements: $4.0 million per lane mile • Recent new construction/lane addition projects throughout Florida • Construction Cost per Lane Mile =$2.7 Million 13 Technical Analysis &i,'*' Cost Component— County Roads Construction Cost per Lane Mile (County Rds) $e000 oao $6A00.OD0 $5,0W.000 $4,000,0D0 $3,000.00D $2.000.000 $1.00D.000 $2.7 million Current rates are based on $2.2 million per lane mile 2008 2009 2010 2021 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 14 Source: County Cost Database, FDOT, and District 7 FDOT LRE —D7 LRE C-Database_SUBURBAN/RURAL 11y -%, Technical Analysis �a- Cost Component: State Roads j Cost Component: State Roads • Sources: • Florida Department of Transportation Bid Tabs • SR 614 (Indrio Rd) from E. of SR 9 (1-95) to E. of SR 697 (Emerson Ave) • SR 713 (Kings Hwy) from S. of SR 70 to SR 9 (1-95) Overpass • Construction Cost per Lane Mile =$4.7 Million • Recent new construction/lane addition projects throughout Florida • Construction Cost per Lane Mile =$4.1 Million S�TL.uCIE Technical Analysis cerH3U'NTY F r.0 a I o A `` Cost Component — State Roads Construction Cost per Lane Mile (State Rds) $8.0a0.000 $7.000,000 $6,000,000 $5.000.000 $4,O1),COO $3.000,000 $2.000.000 $1,000.000 $0 20OR 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 Source: State Cost Database, FDOT, and District 7 - Foot LRE-Dlslrict7 LRE Cori 0a baR SUBURBAN/RURAL $4.1 million Current rates are based on $3.1 million per lane mile is 16 Technical Analysis Summary of Changes from Previous Study • Cost per lane mile increase: • $3.80 million to $5.40 million ;z: +42% • Credit decrease: • 23.1 pennies to 17.1 pennies z -25% (credit reduction = fee increase) • Approximate rate increase z +70% • Additional variations due to changes in the demand component 17 �ST.ILUC)E Technical Analysis COUNTY F LORI° A -4� Cost Component sac FDOT LRE Construction Cost - Cumulative Growth Trend (3-yr Avg) 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 18 Source: Florida Dept of Transportation, Long Range Estimates 19 20 10 ST LUCIE -*, Technical Analysis COUNTY IFL° R I D A --'�` Credit Component Credit Component • State funding for County Roads • Current County funding is used primarily for operations and maintenance • Road impact fees (and potentially state funding) will be used for future capacity expansion projects Technical Analysis RUNTY L O R I D A--•'�•- Credit Component • Fuel Taxes: ✓State tax indexed ✓Local tax NOT indexed • Other revenue sources are indexed This Photo by Unknown Author Is licensed under[[ BY This Photo by Unknown Author is licensed under CC BY -SA 21 22 F _,W,G_IY Technical Analysis UUMT 1 0 R 1 D A --A" Decrease in Value of 1� of Fuel Tax L100 1.000 0.900 0.800 0.700 0.600 0.500 0.400 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 200E 2005 2006 2007 2003 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 Source: FHWA Highway Statistics Series WIL 4 Technical Analysis o R i Credit Component Equivalent Pennies of Fuel Tax Revenue 23 24 25 26 13 --*, Technical Analysis A -41b` Impact Fee Comparison with Recent Update Study Figures Impact Fee Comparison (Example Land Uses) CoiaNT'y- Technical Analysis F L o R ' o A -`� - Port St. Lucie & Fort Pierce Adjustments • City/County/State roadways identified and verified with County Staff • Portion of the travel used for fee calculations excludes travel on City roads • Utilizing Treasure Coast Regional Planning Model (Version 5) and the SmartMoves 2045 Long Range Transportation Plan 27 28 Technical Analysis A -41 Port St. Lucie & Fort Pierce Adjustments Travel Distribution: 'Base year 2015 Note: St. Lucie Village does not own any classified roads. The unincorporated fee rate will apply in the Town r�E Technical Analysis E)U'NTY L o R I o A --•- Net Impact Fee Example - Port St. Lucie w/Adjustments 29 Example Calculation for Single Family Home (2,000 sf): Unincorporated Adj PSL • Total Impact Cost = $10,230 x 46% = $4,630* • Less Credit = - 1 522 N/A - 1 522 ' • Net Impact Fee = $8,708 $3,108 • Ratio to Unincorporated: $3,108 / $8,708 = 36% 'Includes additional adjustment for the slight variation in interstate/toll factors between Unincorporated SLC and PSL 30 31 32 16 �, Technical Analysis Revenue Projections • Road impact fee collections (2016-21) _ $7.7 million per year • Based on recent permitting levels and maximum allowable calculated fees: • Estimated revenue = $6.0 million to $8.5 million per year TY Presentation Overview T Y r.L. 1) Background/Purpose 2) Technical Analysis 3) Impact Fee Benefit Zones 4) Next Steps 33 34 Impact Fee Benefit Zones I I.—t Fce Benefit Zones 71 1 Tm ..n tion Imo y )UNT y,_ ' Presentation Overview 1) Background/Purpose 2) Technical Analysis 3) Impact Fee Benefit Zones 4) Next Steps 35 36 t D(..INTY Next Steps ' L O R I D • Planning/Zoning Comm. Meeting • Thursday, March 17, 2022, 6 p.m. • Special Informal BOCC Meeting • Tuesday, March 29, 2022, 1 p.m. • BOCC Public Hearings • First Public Hearing • Tuesday, April 5, 2022, 6 p.m. • Second (Adoption) Public Hearing • Tuesday, April 19, 2022, 9 a.m.