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Agenda 06/13/2017 Item #10A (Immokalee Pilot 2 PP)Immokalee Impact Fee Pilot Program Board of County Commissioners June 13, 2017 1 Objectives Creates new payment mechanism Potentially allows impact fee obligation to be shared over multiple owners Seeks to create more sustainable funding stream Does not change methodology for the calculation of the impact fees 2 Establishing a Baseline Historical information on taxable value, permitting activity, and tax increment financing (TIF) revenue provides a baseline to measure program performance. Monitoring standard Regular staff updates available Annual report to Board 3 4 5 6 7 Next Steps Coordination for program participation with School Board and Immokalee Fire District Discuss process of assessment and collection with Property Appraiser and Tax Collector including administrative charges that may be required Identify other administrative costs including interest and fees that will be passed on to participants Determine staffing needs for the implementation, administration, and monitoring of the program 8