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Agenda 10/11/2011 Item #17A10/11/2011 Item 17.A. EXECUTIVE SUMMARY Recommendation to adopt an Ordinance amending Chapter 74 of the Collier County Code of Laws and Ordinances (The Collier County Consolidated Impact Fee Ordinance) providing for the incorporation by reference of the impact fee study entitled the "Collier County School Impact Fee Update Study," dated August 22, 2011, in accordance with the recent and localized data requirements of Section 163.31841, Florida Statutes, which is the Florida Impact Fee Act, and providing that the current School Impact Fee rates, which became effective October 8, 2010, and are lower than those rates calculated as part of the update study, remain in effect. OBJECTIVE: That the Beard of County Commissioners (Board) adopts an Ordinance providing for the incorporation by reference of the impact fee study entitled the "Collier County School Impact Fee Update Study," dated August 22, 2011, in accordance with the recent and localized data requirements of Section 163.31801, Florida Statutes, which is the Florida Impact Fee Act, and providing that the current School Impact Fee rates, which became effective October 8, 2010, and are lower than those rates calculated as part of the update study, remain in effect. CONSIDERATIONS: Collier County has collected impact fees on behalf of the District School Board of Collier County since 1992 with the impact fees being used as a funding source for growth - related capital improvements related to educational facilities. The last full study of the School Impact Fees was adopted by the Board on May 9, 2006. The School Impact Fee rates were revised (effective date) through the annual indexing process on January 1, 2008 and July 27, 2009. .On August 19, 2010, the District School Board of Collier County voted unanimously to recommend a 50% reduction of School Impact Fees for aperiod of two years, and on August 23, 2010, the Chairman of the District School Board of Collier County provided correspondence to the Chairman of the Board of County Commissioners requesting that the School Board recommendation be placed on a Board of County Commissioners' agenda for discussion and vote. On October 12, 2010, the Board approved item SA which provided the following direction: 1. Adopt an Ordinance amending Chapter 74 of the Collier County Code of Laws and Ordinances providing for a 50 % reduction to the Educational Facilities (School) Impact Fee rates and providing for a retroactive effective date of October 8, 2010; 2. Direct that, consistent with the School Board recommendation, that the reduced rates remain in place for a two -year period, provided that the required annual indexing establishes rates that are at or above those implemented by the initial 50% reduction; and 3. Direct the County Manager or his designee to report back to the Board at the conclusion of the ongoing study process, with the findings of the report. Packet Page - 1157 - 10/11/2011 Item W.A. The following is a side by side comparison of the current adopted School Impact Fees, which reflects the 50 % reduction and the rates proposed by the study. School Impact Fee Adopted Rate Prior to Study Proposed Rate Current Rate with Category 50% Decrease (per unit or site) 50% Decrease (per unit or site) (per unit or site Mobile Home/RV Park $6,687.38 $5,712.00 $3,343.69 Multi - Family $3,343.68 $2,492.00 $1,671.84 Single- Family $9,612.82 $7,936.00 $4,806.41 less than 1,500 sf Single - Family $10,755.41 $8,680.00 $5,377.70 1,500 —2,499 sf Single - Family $11,702.91 $9,672.66T' $5,851.45 2,500 sf or larger In keeping with the formal update requirement, set forth by section 74 -502 of the Code, the County retained Tindale- Oliver and Associates, Inc. (the Consultant) to complete the School Impact Fee Update Study. This update utilizes the same basic approach and methodology used in the 2006 update. The following is a brief overview of the major study components. • Service Area • Service Delivery • Inventory • Cost Component • Credit Component • Demand • Calculated Fee Schedule The attached report describes the technical and legal framework and the methodology used to complete the study. Additionally, the update study has been reviewed by the County's outside legal counsel, Nabors, Giblin & Nickerson, P.A. At the time of the adoption of the 50% reduction in October 2010, the results of the update study, and corresponding impact fee rates, were unknown. However, as displayed in the chart above, the rates proposed by the study represent a reduction from the original adopted rates but are still higher than the rates currently in effect, reflecting the 50% reduction. As discussed in the October 2010 item, if the findings of the study recommend a rate that is greater than that established by the 50 % reduction, the lower rates can remain in effect, at the agreed direction of the School Board and Board of County Commissioners. On May 18, 2011, the "Collier County School Impact Fee Update Study" was presented to the Productivity Committee for their review and recommendations. The Productivity Committee recommended that: 1) the Board approve the update study; 2) that the current School Impact Fees remain in place based on the recommendation by the School Board that was approved by Packet Page -1158- 10/11/2011 Item 17.A. 101-`` the Board in October 2010; and 3) in October 2012, when the requested 2-year period of reduced rates ends the Board then consider one of the following options: 1) Do nothing. Leave the school impact fees unchanged, at the 50% reduction level. 2) Adjust the current (50%) fees to account for 2011 and 2012 indexing. 3) Adjust the fees in the 2011 school impact fee study to account for 2011 and 2012 indexing. 4) Accelerate the next school impact fee study (required every 3 years). 5) Consider other options, as appropriate. The "Collier County School Impact Fee Study" was presented to the Development Services Advisory Committee on June 1, 2011. The DSAC recommended that the Board accept the update study but leave the current (reduced) impact fees in place. On July 19, 2011, the District School Board of Collier County voted to accept the updated impact fee study report and keep the impact fees at the currently reduced rate subject to a future review in August 2012. (August 2012 will be two years from when the School Board voted to reduce the rates at the August 19, 2010 meeting). The annual indexing calculations are estimated to be completed in the November — December 2011 time period. While it is unlikely that the calculations will result in a further decrease that would then require a reduction to the rates currently in place, staff will complete the calculations and provide that information to the Board along with the other scheduled indexing. Therefore, in accordance with the direction provided by the Board in October 2010, the Board may elect to accept the update study, but also direct that the current, reduced rates remain in effect, as these rates are lower than those calculated in the update study. The position is consistent with the positions of the Collier County Advisory Committees that reviewed the study as well as the School Board recommendation. FISCAL IMPACT: School Impact Fees are collected by Collier County on behalf of the School Board through an interlocal agreement. If the Board elects to accept the update study and directs that the current (reduced) impact fees remain in place, the School Board will have to fund the difference in growth related improvements not collected by impact fees from other funding sources such as property taxes. The 50% reduction in School Impact Fee rates was initiated based on the request by the School Board. As provided in the October 2010 item, based on the 50% reduction in impact fee rates, and assuming the construction activity continued at a similar level to the prior year, the anticipated reduction in revenue was estimated at $3.8 million. The actual year -to -date collections of School Impact Fees for Fiscal Year 2011 (through July) total $3,324,769 compared to $6,965,295 collected for the same time period in Fiscal Year 2010. This is a difference of $3,640,526. Any further decline in activity will also directly affect the impact fees collections. Going forward, the study rate compared to the currently adopted rate is projected to produce a difference of ^ approximately $2.37 million in FY 2012, based on current permitting activity. Packet Page -1159- 10/11/2011 Item W.A. GROWTH MANAGEMENT IMPACT: The impact fee update requirements are consistent with Objective 2 of the Capital Improvement Element (CIE) of the Collier County Growth Management Plan (GMP), which states: "Future development will bear a proportionate cost of facility improvements necessitated by growth." Additionally, this approach is consistent with Section 163.31801, Florida Statutes, which is the Florida Impact Fee Act 2006, requiring the most recent and localized data be used in impact fee calculations. LEGAL CONSIDERATIONS: This item is legally sufficient for Board action and requires a majority vote. -JAK RECOMMENDATION: That the Board of County Commissioners adopts an Ordinance amending Chapter 74 of the Collier County Code of Laws and Ordinances (The Collier County Consolidated Impact Fee Ordinance) providing for the incorporation by reference of the impact fee study entitled the "Collier County School Impact Fee Update Study," dated August 22, 2011, in accordance with the recent and localized data requirements of Section 163.31801, Florida Statutes, which is the Florida Impact Fee Act, and providing that the current School Impact Fee rates, which became effective October 8, 2010, and are lower than those rates calculated as part of the update study, remain in effect. Prepared by: Nick Casalanguida, Deputy Administrator, Growth Management Division Amy Patterson, Impact Fee and Economic Development Manager Growth Management Division — Planning and Regulation Attachments: 1) Proposed Ordinance Amendment; 2) School Study; 3) Chamber of Commerce School Impact Fee Correspondence; 4) Correspondence from District School Board Chairman to Board of County Commissioners Chairman Packet Page -1160- COLLIER COUNTY Board of County Commissioners Item Number: 17.A. 10/11/2011 Item 17.A. Item Summary: Recommendation to adopt an Ordinance amending Chapter 74 of the Collier County Code of Laws and Ordinances (The Collier County Consolidated Impact Fee Ordinance) providing for the incorporation by reference of the impact fee study entitled the "Collier County School Impact Fee Update Study," dated August 22, 2011, in accordance with the recent and localized data requirements of Section 163.31801, Florida Statutes, which is the Florida Impact Fee Act, and providing that the current School Impact Fee rates, which became effective October 8, 2010, and are lower than those rates calculated as part of the update study, remain in effect. Meeting Date: 10/11/2011 Prepared By Name: PattersonAmy Title: Manager - Impact Fees & EDC,Business Management & 9/15/2011 10:13:16 AM Approved By Name: PuigJudy Title: Operations Analyst, CDES Date: 9/21/20113:46:27 PM Name: FederNorman Title: Administrator - Growth Management Div,Transportati Date: 9/23/20112:04:47 PM Name: MarcellaJeanne Title: Executive Secretary,Transportation Planning Date: 9/26/2011 11:3 8:24 AM Name: KlatzkowJeff Title: County Attorney, Date: 9/30/20112:31:37 PM Name: UsherSusan Packet Page -1161- Title: Management/Budget Analyst, Senior,Office of Manage Date: 10/3/2011 10:35:01 AM Name: OchsLeo Title: County Manager Date: 10/3/20112:37:45 PM Packet Page -1162- 10/11/2011 Item W.A. � ORDINANCE NO. 2011- 10/11/2011 Item 17.A. AN ORDINANCE OF THE BOARD OF COUNTY COMMISSIONERS OF COLLIER COUNTY, FLORIDA, AMENDING CHAPTER 74 OF THE COLLIER COUNTY CODE OF LAWS AND ORDINANCES (THE COLLIER COUNTY CONSOLIDATED IMPACT FEE ORDINANCE) BY INCORPORATING, BY REFERENCE, THE IMPACT FEE STUDY ENTITLED "COLLIER COUNTY SCHOOL IMPACT FEE STUDY," DATED AUGUST 22, 2011; PROVIDING THAT THE CURRENT, ADOPTED SCHOOL IMPACT FEE RATES REMAIN IN EFFECT, AS THEY ARE LOWER THAN THOSE CALCULATED IN THE UPDATE STUDY; PROVIDING FOR CONFLICT AND SEVERABILITY; PROVIDING FOR INCLUSION IN THE COLLIER COUNTY CODE OF LAWS AND ORDINANCES; AND PROVIDING AN EFFECTIVE DATE. WHEREAS, on May 13, 1992, the Board of County Commissioners adopted Ordinance No. 92 -33, the Collier County Educational Facilities System Impact Fee Ordinance, thereby establishing the County's then applicable Educational Facilities Impact Fee rates; and WHEREAS, on March 13, 2001, the Board of County Commissioners adopted Ordinance No. 2001 -13, the Collier County Consolidated Impact Fee Ordinance, repealing and superseding all of the County's then existing impact fee regulations, and consolidating all of the County's impact fee regulations into that one Ordinance, codified in Chapter 74 of the Collier County Code of Laws and Ordinances (the "Code "); and WHEREAS, on June 26, 2007, the Board of County Commissioners adopted Ordinance 2007 -57, thereby adopting the "Collier County Impact Fee Indexing Study," and amending the Code to reflect the new indexing provisions and amended rates; and WHEREAS, on April 28, 2009, the Board of County Commissioners adopted Ordinance No. 2009 -17, amending the Code to implement revised indexing methodology and thereby established the current Educational Facilities Impact Fee rates; and WHEREAS, on August 19, 2010, the District School Board of Collier County (the "District ") voted unanimously to recommend a 50% reduction in Educational Facilities (School) Impact Fees over a twenty -four month period; and WHEREAS, on August 23, 2010, the District Chairman provided correspondence to the Chairman of the Board of County Commissioners requesting that the recommendation be placed on a Board of County Commissioners agenda for discussion and vote. Underlined text is added; Stfaek through text is deleted Packet Page -1163- 10/11/2011 Item 17.A. WHEREAS, at the District's recommendation, on October 12, 2010, the Board of County Commissioners adopted Ordinance No. 2010 -39, with a retroactive date of October 8, 2010, providing for a 50% reduction to the then current School Impact Fee rates; and WHEREAS, Educational Facilities Impact Fees are collected by Collier County and transmitted to the District for the purpose of funding growth- related capital improvements; and WHEREAS, the District uses impact fees to supplement the funding of necessary capital construction and/or improvements to facilities required to provide public educational facilities to serve new population and related development that is necessitated by growth in Collier County; and WHEREAS, as Section 74 -502 of the Code states that impact fee studies should be reviewed at least every three years, the County retained Tindale- Oliver and Associates, Incorporated (the "Consultant "), to review the existing School Impact Fees and recommend changes to the fees where appropriate; and WHEREAS, Tindale- Oliver and Associates, Inc., has prepared an impact fee study n entitled the "Collier County School Impact Fee Update Study," dated August 22, 2011; and WHEREAS, the "Collier County School Impact Fee Update Study" recommends changes to the School Impact Fee rate schedule, that provide for rate reductions, however the current School Impact Fee rates, as a result of the 50% reduction in October 2010, are lower than those calculated in the study; and WHEREAS, the Board of County Commissioners has the authority to direct that the lower rates remain in effect, which is consistent with the District's recommendations; and WHEREAS, staff has thoroughly reviewed the study findings and concurs with the results; and WHEREAS, staff recommends that the Board of County Commissioners adopts this Ordinance to incorporate the study, by reference, however retain the current, lower School Impact Fee rates; and Underlined text is added; Stfask through text is deleted Page 2 of 4 Packet Page -1164- 10/11/2011 Item 17.A. ^4 WHEREAS, Section 163.31801, Florida Statutes, which is the Florida Impact Fee Act, requires that the most recent and localized data be used in impact fee calculations and these studies comply with that requirement. NOW, THEREFORE, BE IT ORDAINED BY THE BOARD OF COUNTY COMMISSIONERS OF COLLIER COUNTY, FLORIDA, that: SECTION ONE. Article I, General, Section 74 -106, Adoption of impact fee studies, of the Collier County Code of Laws and Ordinances is hereby amended to read as follows: Section 74 -106. Adoption of impact fee studies. The board hereby adopts and incorporates by reference the following studies with regard to the respective public facilities: (6) Educational facilities: "Collier County School Impact Fee Update Study," prepared by Tindale- Oliver and Associates, Incer-pefated. (April 26,2g(w August 22, 20111 aftd 2006Y0 7 20104i; SECTION TWO. CONFLICT AND SEVERABILITY. In the event this Ordinance conflicts with any other Ordinance of Collier County or other applicable law, the more restrictive shall apply. If any phrase or portion of this Ordinance is held invalid or unconstitutional by any court of competent jurisdiction, such portion shall be deemed a separate, distinct, and independent provision and such holding shall not affect the validity of the remaining portions. Underlined text is added; Streek through text is deleted Page 3 of 4 Packet Page -1165- 10/11/2011 Item 17.A. SECTION THREE. INCLUSION IN THE CODE OF LAWS AND ORDINANCES. The provisions of this Ordinance shall be made a part of the Code of Laws and Ordinances of Collier County, Florida. The sections of the Ordinance may be renumbered or re- lettered and internal cross - references amended throughout to accomplish such, and the word "ordinance" may be changed to "section," "article," or any other appropriate word. SECTION FOUR. EFFECTIVE DATE. This Ordinance shall be effective subject to filing with the Florida Department of State. PASSED AND DULY ADOPTED by the Board of County Commissioners of Collier County, Florida on this the day of ATTEST Dwight E. Brock, Clerk By: Deputy Clerk 2011. BOARD OF COUNTY COMMISSIONERS OF COLLIER COUNTY, FLORIDA By: FRED W. COYLE, CHAIRMAN Underlined text is added; StrttGli thFOUg# text is deleted Page 4 of 4 Packet Page -1166- 10/11/2011 Item 17.A. Cor County I '113MI I FINAL REPORT August 22, 2011 Prepared for: Collier County 3299 Tamiami Trail East, St 303 Naples, Florida 34112 ph (239) 252 -8097 fax (239) 252 -3602 Prepared by: Tindale- Oliver & Associates, Inc. 1000 N. Ashley Dr., # 100 Tampa, Florida, 33602 ph (813) 224 -8862 fax (813) 226 -2106 E -mail: nkamp @tindaleoliver.com 073069 -02.10 Packet Page -1167- 10/11/2011 Item 17.A. Tindale- Oliver & Associates, Inc. Planniiig and Engineering August 22, 2011 Ms. Amy Patterson Impact Fee Manager Collier County Growth Management Division 2800 North Horseshoe Drive Naples, Florida 34104 RE: School Impact Fee Update Study Dear Ms. Patterson: Enclosed is the Final Technical Report for the Collier County School Impact Fee Update Study. If you should have any questions concerning this report, please do not hesitate to contact me or Nilgun Kamp. n It has been our pleasure to have worked with the County and School District staff on this important proj ect. Sincerely, Tindale- Oliver & Associates, Inc. Steven A. Tindale, P.E., AICP President 1000 North Ashley Drive, Suite 100, Tampa, Florida33602 *Phone: (813) 224 -8862 • Fax: (813) 226 -2106 1595 South Semoran Boulevard, Building 7, Suite 1540, Winter Park, Florida 32792 • Phone: (407) 657 -9210 • Fax: (407) 657 -9106 545 North Broadway Avenue, Bartow, Flnridn TIRM • Phnna• (863) 533 -8454 • Fax: (863) 533 -8481 1451 West Cypress Creek Road, Suite Packet Page -1168- orida 33309 • Phone: (954) 644 -3749 10/11/2011 Item 17.A. COLLIER COUNTY SCHOOL IMPACT FEE UPDATE STUDY Table of Contents I. Introduction ................................................................ ............................... 1 II. Methodology .............................................................. ............................... 2 Ill. Inventory .................................................................... ............................... 3 IV. Service Area and Enrollment ...................................... ............................... 4 V. Facility Service Delivery .............................................. ............................... 6 VI. Cost Component ......................................................... ............................... 7 VII. Credit Component .................................................... ............................... 14 Vlll. Net Impact Cost per Student .................................... ............................... 25 IX. Student Generation Rates ........................................ ............................... 27 X. Calculated School Impact Fee Schedule ................... ............................... 29 Appendix A— School District Inventory Appendix B — Supplemental Unit Cost Information Appendix C — Distribution of Inventory for Indexing Appendix D — Supplemental Calculations Tindale- Oliver & Associates, Inc. Collier County School District August 2011 i School Impact Fee Update Packet Page -1169- 9 10/11/2011 Item 17.A. I. Introduction The last major update of the technical support document for Collier County's School Impact Fee was completed and adopted in 2006. To comply with the technical study update requirements of the impact fee ordinance and given the recent changes in variables affecting the impact fee, Collier County (referred to hereafter as the County) retained Tindale- Oliver & Associates, Inc. (TOA) to update the school impact fee schedule. The study methodology is d ented in the followin 10 sections of this technical report• ocum g • Methodology • Inventory • Service Area and Population • Facility Service Delivery • Cost Component • Credit Component • Net Impact Cost per Student • Student Generation Rates • Calculated School Impact Fee Schedule • School Impact Fee Schedule Comparison The last technical support document for the County's School Impact Fee was completed in 2006. Information supporting this analysis was obtained from the Collier County School District (the District), Collier County, and other sources, as indicated. Tindale- Oliver & Associates, Inc. Collier County August 2011 Packet Page -1170- School Impact Fee Update 9 10/11/2011 Item 17.A. II. Methodology The methodology used to update the school impact fee is a consumption -based impact fee methodology, which has been used to calculate the previous school impact fee for Collier County as well as several school impact fees throughout Florida, including, but not limited to fees in Orange, Osceola, Citrus, Highlands, and Brevard Counties. A consumption -based impact fee charges new development based upon the student generation rate (demand), or the number of students a dwelling unit is expected to generate over the life of the home. A consumption -based impact fee is intended to charge new growth the proportionate share of the cost of providing a new student station available for use by new growth. A consumption- . based methodology has been used for this study. The impact fee calculations contained in this report are based on the most current and local data available, consistent with the 2006 Florida Impact Fee Act. Should one or more variables affecting the impact fee change significantly, a recalculation of the impact fee would be necessary prior to the scheduled update of the study. Changes that could potentially trigger a recalculation of the impact fee include, but are not limited to, significant changes in the student generation rate, a considerable change in costs, in amount or sources of revenue available for expansion, or a decision to incur additional debt to fund new capacity. Tindale- Oliver & Associates, Inc. Collier County August 2011 Packet Page -1171- School Impact Fee Update it 10/11/2011 Item W.A. 111. Inventory The Collier County School District provides public education facilities that are available to all school -age residents of Collier County. As such, this analysis will consider all public elementary, middle, and high school level facilities and the students attending these facilities located throughout and living within Collier County. The District currently operates 48 traditional public schools that serve the students of Collier County and its municipalities, including 29 elementary schools, 1 multi -level schools, 10 middle schools, and 8 high schools. The District also operates a Collier County School District operates 48 traditional schools as well as other types of schools. number of other programs, including alternative learning programs, technical schools, and adult learning centers in the county. To ensure that the impact fee reflects only classroom space for traditional schools, adult, technical, and alternative learning schools are not included in the inventory and impact fee calculations. The District's current school inventory is provided in Appendix A, Table A -1. Tindale- Oliver & Associates, Inc. Collier County August 2011 Packet Page -1172- School Impact Fee Update L% 10/11/2011 Item 17.A. IV. Service Area and Enrollment The Collier County School District provides public education facilities that are available to all Pre - Kindergarten thru 12th grade (PK -12) students throughout the entire county. Attendance boundaries can be redrawn to balance school enrollment with available school capacity and therefore can serve different geographic areas over time. As such, the appropriate impact fee district for public schools is countywide. Table 1 presents the historical student enrollment since 2005, as well as projected enrollment through 2015. Historical enrollment figures are based on the 4th Month Membership Counts for Years 2005 through 2010, and on 2nd Month Membership Count for 2011. Projections for future years are obtained from the Capital Improvement Plan FY 11 -30. In order to be consistent with the inventory used in the impact fee analysis, the �-I enrollment figures presented in this table only include those students attending (or projected to attend) the schools listed in Appendix A, Table A -1. The annual percent change for the enrollment is presented, as well as a three -year average to account for random fluctuations. Table 1 reflects that student enrollment is expected to remain stable over the next two years, and then start to increase again. Tindale- Oliver & Associates, Inc. Collier County August 2011 Packet Page -1173- School Impact Fee Update 10/11/2011 Item 17.A. Table 1 Collier County Enrollment 2004/05 40,719 N/A N/A 2005/06 41,690 2.4% N/A 2006/07 41,737 0.1% N/A 2007/08 41,230 -1.2% 0.4% 2008/09 41,098 -0.3% -0.5% 2009/10 41,600 1.2% -0.1% 2010/11 41,611 0.0% 0.3% 2011/12 41,368 -0.6% 0.2% 2012/13 41,833 1.1% 0.2% 2013/14 42,218 0.9% 0.5% 2014/15 42,819 1.4% 1.2% Sourre- collier County School District (enrollment figures correspond to the schools listed in the existing inventory provided in Appendix A, Table A -1). Historical figures are based on the 4 1 Month Membership Counts for 2005 through 2010, and 2nd Month Membership Count for 2011. Projections for future years are obtained from the Capital Improvement Plan FY 11 -30. Tindale- Oliver & Associates, Inc. Collier County August 2011 Packet Page -1174- School Impact Fee Update 10/11/2011 Item 17.A. V. Facility Service Delivery Schools that were recently constructed or planned to be constructed by the District over the next 20 years are similarly designed in square footage and student stations. These "prototype" schools have been or will be constructed to different standards than the older existing schools. More efficient, recently built prototype facilities are used to measure service delivery levels. Table 2 illustrates the facility service delivery in Collier County, which is 139.1 FISH net square feet per permanent student station for elementary schools, 144.9 FISH net square feet per permanent More efficient, recently built prototype facilities are used to measure the service delivery levels. student station for middle schools, and 161.2 FISH net square feet per permanent student station for high schools. Table 2 Facility Service Delivery (1), (2) Source: Florida Inventory of School Houses Report for Collier County School District, dated May 10, 2010. For elementary schools, recently built Eden Park, Mike Davis, Parkside, and Palmetto elementary schools were used. For middle schools, recently built Cypress Palm was used as proxy. For high schools, estimates included in the 2006 Capital Improvement Plan for High School EEE were used, which provided a more conservative figure compared to the existing inventory. (3) Permanent FISH net square footage (Item 1) divided by permanent student stations (Item 2) Tindale- Oliver & Associates, Inc. Collier County August 2011 Packet Page -1175- School Impact Fee Update -`-Y VI. Cost Component The capital costs of providing educational facilities includes several components, such as the school facility cost, transportation cost, and ancillary facility costs. This section addresses each of these components. FACILITY COST PER STUDENT STATION 10/11/2011 Item 17.A. The cost of a school includes various components, such as facility cost (buildings and land), transportation costs, and ancillary facility costs. The first step in determining the cost of providing public schools to Collier County residents is to calculate the facility cost per student station. Several cost components must be considered when calculating the total cost of constructing a school, including architect /site improvement costs; construction costs; furniture, fixtures, and equipment (FF &E) costs; the cost to purchase the land; and the interest carrying cost. Each component of the school facility cost is described in more detail in the following subsections. Architect /Site Improvement. Construction and FF &E Costs To determine the administration, architect /site improvement, construction, and FF &E costs associated with building a new school in Collier County, the following information was evaluated: • New schools that were bid in 2006 or later in Collier County, including five elementary schools and one middle school. These schools were completed in 2007 and 2008, and were not found to be representative of the recent cost decreases. • Insurance values of existing schools, which provides a conservative estimate since insurance companies do not insure more permanent parts of the structures, such as the foundation, etc. • School cost estimates provided by the Collier County School District; • School cost information collected from 11 other Florida counties; and • Discussions with industry architects. Detailed information on construction cost information is included in Appendix B. Tindale- Oliver & Associates, Inc. Collier County August 2011 Packet Page -1176- School Impact Fee Update 0�— 10/11/2011 Item W.A. Table 3 presents the cost per square foot figures for the architect /site improvement, construction, and FF &E cost components for each school type. For illustration purposes, Table 3 also presents the weighted average figure for each cost component, based on all three school types that are planned to be built over the next 20 years. Land Cost For each school type, the land cost per square foot is based on a value of $75,000 per acre. This cost per acre is based primarily on a review of the location of planned schools over the next 20 years and vacant land values in these areas. The results of the land value analysis are documented in Appendix B. The land cost per square foot of building by school type was developed based on the acres per 1,000 permanent net building square feet for the future prototype schools. The resulting land value figures used for each type of school are presented in Table 3. Net Interest Cost It should be noted that, when a School District incurs debt to fund additional capacity, interest carrying costs need to be added to the school facility construction costs. Over the past five years, Collier County School District obtained 85 percent of the funding for new or expanding schools by issuing Certificates of Participation (COPS). As such, interest cost incurred during the construction period is also included in Table 3. The figure includes an downward adjustment of 15 percent to account for the expansion projects funded with cash. Tindale- Oliver & Associates, Inc. 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U ` i to 'c u m U a) c L O C cu L 3 0 � c y m v Y 3 L E v Ln �K) Ln L°n � 0 _^ � m Y Z m � �n H OHO r s v N M LD v 00 0) y C. 3 D 10/11/2011 Item W.A. "-"IN, TOTAL FACILITY COST PER STUDENT BY SCHOOL TYPE The total facility impact cost per student for each school type is based on the facility cost per student station figures derived in Table 3, and is typically calculated by dividing the cost per student station by the ratio of current student enrollment to available capacity (number of permanent student stations typically adjusted by 100% for elementary schools, 90% for middle schools, and 95% for high schools). The adjustment of dividing the cost per student station by the ratio of current student enrollment to available capacity converts the cost per student station to a cost per student. In addition, this calculation accounts for the current surplus or shortage in permanent capacity and adjusts the costs accordingly. If there is excess capacity (e.g., currently more permanent student stations than expected students), then the total facility cost per student increases because the cost of building excess capacity is being recouped. Similarly, if there are currently more students enrolled than available capacity, the cost per student is adjusted downward. In the case of Collier County, there is currently 9 percent more permanent capacity available than students in the elementary schools, 17 percent more permanent capacity available than students in the middle schools, and 15 percent more capacity available than students in the high schools. Based on discussions with District staff, this excess capacity is a result of the decline in the economy and more of a timing issue than a policy decision to consistently provide this level of capacity. In addition, the District's level of service standard calls for an enrollment -to -FISH capacity ratio of 95 percent for elementary and middle schools, and a ratio of 100 percent for high schools. As such, the adopted level of service standards are used in the calculations, which resulted in a lower cost than applying the current ratio of enrollment to the total available capacity. As presented in Table 4, the resulting weighted average cost per student is $32,506 per student. Using the achieved LOS, this figure would have increased to approximately $36,200 per student. Tindole- Oliver & Associates, Inc. Collier County August 2011 Packet Page -1179- School Impact Fee Update CL 0 O v �f d Q. 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Q x y L a) v 3 CL m Q L U U O O 7 7 L 'o 0 u .•� N � s 3 N � � > 5 E CL U E o c O N N C C x O1 CU 'a CU d C 7 d N rL+ U L •` N _N a a �- O In O U V O a L M U 4L U >- E a .a _ E -a N ate+ C 0 _ c E u — CU L ° a ±. 4- M O ++ a0 'U E u + a ±+ 0 00 > U m _ a.T+ "•I V m au a u y L 1 O a to 00 t o � o 3 u C a N cu N C) cu > ° a Q v ~ r-+ aj L N > m 72 LO +� a. o ~ E E v ° O 4 Q -a c x v N 3 L C a L .N .� c— a �aE'a a E U *' U Q CL N Z `n E v, �, o m a —°� U O U U a - .0 > 7 ♦.+ 7 3 L L •U W O m 0 0 0 cu m -0 L Ln V) Ll- L lD IZ `o �o- v � U u a CL Ln E 'o 0 U H v C3 o � Q K3 C:) O �O ij � i is O O � v an > M- v cu N O- a O L a0 (U `o �o- v � U u a CL Ln E 'o 0 U H v C3 o � Q K3 C:) O �O ij � i 10/11/2011 Item 17.A. ^' TOTAL COST PER STUDENT In addition to the facility cost per student calculated in the previous table, the total facility cost per student includes two additional cost components: the capital costs associated with providing transportation services and ancillary facilities. Both of these cost components are calculated on a per- student basis and are not dependent on school type. Each of these additional cost components is discussed in further detail below. Transportation Costs The first additional capital cost component is the cost of providing transportation services to students. The District currently owns 361 buses used for student transportation at an average value of approximately $103,000 per bus, which includes related equipment such as radios, GPS, cameras, etc., and is consistent with bus costs observed in other school districts. In addition to its bus fleet, the District has 271 support vehicles, which include vehicles such as cars, vans, trailers, and trucks. The value of the support vehicles varies depending on the type of vehicle, with an average value of approximately $18,000 per vehicle, based on the information provided by the District. The result is a total value of $42.1 million for transportation services, including $37.1 million for buses and $5.0 million for support vehicles. The total value of the transportation fleet is divided by the District's enrollment for schools included in Appendix A, Table A -1 (presented in Table 1). The result is a cost of $1,011 per student for transportation services, as presented in Table 5. Ancillary Facilities Costs The other additional capital cost component is for the ancillary facilities that are necessary for the District to provide support services for students, schools, transportation services, and administrative personnel. The District currently has approximately 200,500 FISH net square feet of permanent ancillary facilities for maintenance, warehouse, and administrative functions. Current values of each existing ancillary facility depend on the type of facility and were based on the insurance values, with the weighted average value equaling approximately $175 per FISH net square foot (or $150 per gross square foot). The cost of land for ancillary facilities also is included in the ancillary facility values. The land value for ancillary facilities is the same as that used for schools ($75,000 per acre). Tindale- Oliver & Associates, Inc. Collier County August 2011 Packet Page -1181- School Impact Fee Update it 10/11/2011 Item W.A. The ancillary facility cost per student is based on the existing inventory, which is valued at $42.1 million, including $35.3 million for buildings and $6.8 million for land. Based on the current enrollment, the result is a cost of $1,012 per student for ancillary facilities, as presented in Table 5. Table 5 Transportation Services and Ancillary Facility Cost per Student Description Transportation Services Cost per Student Total Value of Transportation Services( /) $42,089,017 Enrollment for 2010/11 School Year (2) 41,611 Total Transportation Services Cost per Student(3) $1,011 Ancillary Cost per Student Building Value for Ancillary Facilities (4) $35,301,600 Land Value for Ancillary Facilities (5) $6,825,000 Total Ancillary Facility Value (6) $42,126,600 Total Ancillary Facility Value per Studen�'1 $1,012 f 11 Source: Collier Countv School District. Total value is based on the current inventory of 361 buses valued at $103,000 each and 271 support vehicles, with an average value of $18,000 per vehicle. (2) Source: Table 1 (3) Total value of transportation services (Item 1) divided by the current enrollment (Item 2) (4) Source: Collier County School District. Building value is based on the permanent FISH net square footage of current ancillary facilities and varies based on the type of facility. Overall, the estimated weighted average cost is $175 per permanent net square foot. (5) Based on a weighted average cost of $75,000 per acre. See Appendix B for further detail on land value estimates. (6) Sum of the building value (Item 4) and land value (Item 5) of the District's current inventory of ancillary facilities. (7) Total value for ancillary facilities (Item 6) divided by the current enrollment (Item 2) Tindale- Oliver & Associates, Inc. Collier County August 2011 Packet Page - 1182 - School Impact Fee Update --- —�- 10/11/2011 Item 17.A. VII. Credit Component To ensure that new development is not being overcharged for construction of future student stations, any non - impact fee revenue that will be generated by new development and that will be used towards the capital expansion of school facilities must be included as a credit to reduce the total cost per student. It is important to note that a credit for school impact fees is not given for revenue generated by new development that is used for capital renovation of existing educational facilities or for maintenance or operational costs. Based on a review of the District's historical expenditures over the past five years and planned expenditures over the next five years, it has been determined that revenue credits will be provided for the following state and local revenue sources: • State revenue: o Public Education Capital Outlay (PECO) • Local revenue: • Ad Valorem Capital Improvement Tax (CIF); and • Local Capital Improvement Fund. • Future remaining payments for existing debt service (portion for expansion) that will be repaid with non - impact fee revenues. STATE REVENUE CREDIT The Florida Statutes authorize several sources of revenue for school districts, including Public Education Capital Outlay (PECO) and Capital Outlay & Debt Service (CO & DS) that can be used for the construction of capital facilities. With regards to state revenue, over the past five years, the District used a portion of PECO revenues for the construction of additional permanent capacity. Over the next five years, the District does not have any programmed capacity expansion projects in its Work Plan. As such, the credit is based on an average of 10 -year period to reflect this fluctuation and provide a generous credit, which results in a conservative impact fee. The state revenue credit per student is calculated by dividing the total amount of state revenue by the average enrollment during the ten -year period from FY 06 to FY 15. As Tindale- Oliver & Associates, Inc. Collier County August 2011 Packet Page -1183- School Impact Fee Update 7 -,\ 10/11/2011 Item W.A. presented in Table 6, the resulting state revenue available for the capital expansion of public schools in Collier County is $28 per student. Table 6 State Revenue Credit per Student Revenue Source 2006 2007 PECO 2008 2009 2010-2015 Total Lake Trafford Elementary $67,097 $171,851 $238,948 Immokalee High School $29,110 $29,110 Big Cypress Elementary $534,937 $183,7161 1 $718,653 Total Capital Improvement Expenditures $986,711 Average Annual Capital Improvement Expenditures (2) $98,671 Average Student Enrollment (FY 06 through FY 15) 13 41,720 Capital Improvement Credit per Student (4) $2 Capitalization Rate 5% Capitalization Period, Years 25 Present Value of Annual State Revenue Credil!" $28 (1) Source: Collier County School District (2) Total capital improvement expenditures divided by 10 years. Please note that there are no programmed capacity expansion projects for Years 2010 through 2015. (3) Source: Table 1 (4) Average annual capital improvement expenditures (Item 2) divided by average student enrollment (Item 3) (5) Present value of annual state revenue credit (Item 4) at 5 percent interest rate over a 25- year capitalization period. The interest rate is provided by the District staff and represents an estimate of the interest rate the District is likely to pay for future bonds. LOCAL REVENUE CREDIT The Collier County School District uses two separate local revenue funds for capacity expansion expenditures: o Local Capital Improvement Fund, which is funded with non -ad valorem revenues; and o Capital Improvement Tax, which is an ad valorem tax. Tindale- Oliver & Associates, Inc. Collier County August 2011 Packet Page - 1184 - School Impact Fee Update ---- 10/11/2011 Item W.A. Local Capital Improvement Fund The Collier County School District uses a fund called "Local Capital Improvement Fund" to capture miscellaneous non -ad valorem tax revenues. A portion of this fund is used toward capacity expansion projects, which amounts to a credit of $99 per student. Table 7 presents these calculations. Table 7 Local Capital Improvement Fund Credit per Student Revenue Source Local Capital Improvement Fund (1): 2006 2007 2008 2009 2010-2015 Total Golden Gate High School $9,906 $8,653 $18,559 Sea Gate Elementary $81 $81 Elementary School Neteran Memorial $108,811 $8,565 $117,376 Site Acquisition 1 $245,940 $2,701,7391 $37,201 $2,984,880 Total Capital Improvement Fund Expenditures $3,120,896 Average Annual Capital Improvement Fund Expenditures (2) $312,090 Average Student Enrollment (FY 06 through FY 15) (3 41,720 Capital Improvement Fund Credit per Student(4) $7 Capitalization Rate 5.0% Capitalization Period, Years 25 Present Value of Annual Local Capital Improvement Fund Credit per Student (5) $99 (1) Source: Collier County School District (2) Total capital improvement expenditures divided by 10 years. Please note that there are no programmed capacity expansion projects for Years 2010 through 2015. (3) Source: Table 1 (4) Average annual capital improvement expenditures (Item 2) divided by average student enrollment (Item 3) (5) Present value of annual state revenue credit (Item 4) at 5 percent interest rate over a 25- year capitalization period. The interest rate is provided by the District staff and represents an estimate of the interest rate the District is likely to pay for future bonds. Capital Improvement Tax The Collier County School Board has the authority to levy ad valorem tax to generate revenue for capital. Referred to as Capital Improvement Tax (CIT), this revenue is used for both capital renovation and expansion projects, as well as technology, vehicles, Tindole- Oliver & Associates, Inc. Collier County August 2011 School Impact Fee Update Packet Page -1185- 10/11/2011 Item 17.A. buses, and maintenance. In Collier County, the millage rate for generating CIT revenue is 1.25 mills. The calculation of the CIT credit is a four -step process. First the portion of CIT revenue that is used toward capacity expansion projects is determined. Table 8 presents capacity expansion projects that were funded with the CIT over the past five years. Table 8 Portion of Capital Improvement Tax Revenue Used for Expansion (1) Source: Collier County School District (2) Total capital improvement expenditures divided by 10 years. (3) Source: Revenues for FY 06 through FY 10 are provided by the District staff. Source for estimated revenues for FY 11 through FY 15 is 2010 -2011 Work Plan. (4) Average annual capital improvement expenditures (Item 2) divided by average annual capital improvement tax revenues (Item 3) Because there are no programmed capacity expansion projects over the next five years, these years are not shown in the table. However, the annual average figures are calculated based on a ten -year period. As shown, approximately 5 percent of the CIT Tindale- Oliver & Associates, Inc. Collier County August 2011 Packet Page -1186- School Impact Fee Update Revenue Source Capital Im rovementTax(') FY 0. FY 07 FY 08 FY 09 FY 10 Total Naples High Gym $2,000 $2,000 Sea Gate Elementary $126,410 $1,299,113 $1,425,523 Highlands Elementary $45,404 $45,404 Lake Trafford Elementary $571 $5,843 $84,970 $22,322 $113,706 Estates Elementary $4,643 $3,810 $140,683 1 $149,136 Immokalee High School $4,321 $155,679 $74,285 $234,285 Big Cypress Elementary $175,295 $2,594,057 $360,352 $23,322 $3,153,026 Village Oaks Elementary $222,019 $222,019 Calusa Park Elementary $77,452 $483,643 $35,616 $7,020 $603,731 New Middle School EE/Cypress Palm $881,978 $411,130 $1,293,108 Lorenzo Walker Technical High School $10,3471 $662,838 $673,185 Elementary School INeteran Memorial $609,798 $2,888,343 $2,380,141 $204,197 $6,981 $6,089,460 Reserved for Future Elementary School $475,530 $119,543 $595,073 High School EEE $37,256 $37,256 Bus Acquisitions $2,064,139 $1,251,659 $3,315,798 White Fleet Acquisitions $52,052 $61,730 $113,782 Site Acquisition $9,469,960 $4,169,390 $7,356,479 $196,649 $526,746 $21,719,224 Site and Facility Testing $189,1411 $134,687 $43,847 $34,9201 $47,969 $450,564 Immokalee Area Planning $25,754 1 $25,754 Permitting Services $305,685 $258,777 $144,283 $154,575 $0 $863,320 Construction Blueprinting $204,078 $97,425 $100,446 $36,851 $16,551 $455,351 High School Athletic Improvement $1,101,094 $8,235,878 $3,566,968 $463,593 $493,139 $13,860,672 Total Capital Improvement Expenditures $15,733,731 $21,862,545 $15,344,686 $1,327,724 $1,172,691 $55,441,377 Average Annual Capital Improvement Expenditures (2) $5,544,138 Average Annual Capital Improvement Tax Revenues (FY 06 -FY 15)(3) $117,444,168 Percent of Capital Improvement Tax Used for Expansion Projects (4) 5% (1) Source: Collier County School District (2) Total capital improvement expenditures divided by 10 years. (3) Source: Revenues for FY 06 through FY 10 are provided by the District staff. Source for estimated revenues for FY 11 through FY 15 is 2010 -2011 Work Plan. (4) Average annual capital improvement expenditures (Item 2) divided by average annual capital improvement tax revenues (Item 3) Because there are no programmed capacity expansion projects over the next five years, these years are not shown in the table. However, the annual average figures are calculated based on a ten -year period. As shown, approximately 5 percent of the CIT Tindale- Oliver & Associates, Inc. Collier County August 2011 Packet Page -1186- School Impact Fee Update 10/11/2011 Item W.A. -0—N`, revenues are used for capacity expansion. This figure is used in the calculation of annual capital improvement tax revenue per student (Table 9). The second step involves the calculation of total taxable value by type of residential land use, based on information obtained from the Collier County Property Appraiser database. The total taxable value is then divided by the enrollment by type of residential land use to determine the average taxable value per student. It is recognized that nonresidential properties also pay ad valorem taxes. However, because these land uses do not pay a school impact fee, a credit is not required to be provided for this revenue. Third, the annual tax payment per student is calculated. The average taxable value per student is divided by 1,000 and then multiplied by the appropriate millage rate (the amount taxed per $1,000 of taxable value) included in the budget. The annual CIT revenue per student is calculated based on the percent of CIT revenue available for capacity expansion. It should be noted that an additional portion of the CIT revenue is used to repay the existing debt issues that were used to fund expansion projects. This portion is addressed separately under the debt service credit. Table 9 presents the credit for the "cash" portion of the CIT revenues. Tindole- Oliver & Associates, Inc. Collier County August 2011 Packet Page -1187- School Impact Fee Update 2 ti m Q. m u L B .m Q c cm W x m E w O CL Q. C� U to C I' El � co c N m 6�9 O N E�3 00 N O 69 N co r • 69 co CN u) O N ti o M CD co r- ti C6 O _- 1` — 69 N 69 U-) N Cd m 669 co L N 69 co � M N IN LUC) N to cc r U-) 69 r- rte- N c- 69 �- 6% 00 i m � 69 O CD • tf) N 69 Q v _ ti R s 75 R C _ `Q a cu o Cl) v Q c • I� l[J c�a � � Q W co • °) -a O° -0 Z, °- Co Q c y v O v ) U o Nc C O a` CD CD n Q U r E JQ N c L Q of E m T` W N t4 cu a dj O U C O Co C� X > O U O _� ~ v F- Cn N :E C N U O O X C C No N H U Qof N Q N O O O r-I Q• N � E E N QI 41 c N 41 C C R L N O 00 L fp c cu c 0 +, z t1 I Ln U t A tit Q a� 3 U U E L - L H n in {A (V1 Q) °o °' °o = Z— t 4• in v cn c 4� M 4� -a c > c ? 7 7 N U U N L m L Q 00 (U x QI Q1 QI U U > H 4, > QC) U U U 7 of X m N = to H to r-I N M Rt u1 W I, t: o U =a � v v a, U v O a U v a •u O h Q 4� v O aJ 0 a c iz O s tl1 ti 3 cp r t, � (L 10/11/2011 Item 17.A. The final step in this process is to calculate the present value of the annual CIT revenues per student. This calculation includes two components. The first component annually increases the tax revenues over a 25 -year period, since CIT is a continuous revenue source for the District. For each home type, percent of homes that are homesteaded is obtained from the Collier County Property Appraiser database. According to State law, the increase in taxable value of homestead property is capped at three percent or at the Consumer Price Index, whichever is lower. A review of the 25 -year historical CPI data for the Miami -Ft. Lauderdale area indicates that the average annual increase also has been three percent, consistent with the maximum increase allowed by State law. To allow for adjustments due to sale of properties, etc., an average increase of 4 percent is used for homesteaded properties. The average annual increase in the value of non - homesteaded properties is estimated at 5 percent based on the historical trends. According to the information obtained from the Collier County Property Appraiser database, approximately 99 percent of the single family homes are homesteaded. This figure is 11 percent for multi- family homes, and 38 percent for mobile homes. The second component brings the resulting annual CIT revenue figures per student back to present value. The discount rate used to determine the present value is five percent, which is based on information provided by the District. Table 10 presents these calculations. Tindale- Oliver & Associates, Inc. Collier County August 2011 Packet Page -1189- School Impact Fee Update 011—, 0 a� H L iii L V W a a� x H W a 0 L Q. E CL .^ U O o 0 0 0 o O o O o 0 0 0 O O O =C 0 0 0 o O o 0 0 0 0 0 0 0 0 0 0 0 U7 UC) Ln Ln Ln Ln Ln U7 Ln U7 VI) 117 Ln U7 U7 U7 U7 Ln LO U7 Ln U) 69 699 69 Hi 69 61 EA EA fA 6A 61! 6f! 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O LL M V V (A E E9 6 69 L L c6 L FL- =c p p� c°6 m U = _CD V V� N N � c6 _ a a) m m a aD N M M � �f E d N N N N N � = D D a yV,,, �O = a y � t t O O � � � � � r rn N N CL _O G m N v � L Q c6 m U L f6 L a) Ct � "O N m U_ ai "C > O cu a) m L L A-+ N � C L � U � v L N a) C! � t)'1 f6 m e-1 E °; L T C 4D N 7 N N Q a 3 C a) m H U 76 ❑ C C ns O a) 7 76 +j C a d a` C a- 4�1 C aJ U aJ t6 C m c m C f6 C a) E a) G M O E m E X c6 E d O m a) t C O a) N f6 N (A a) a) E o ns � m a) f6 m L }LA LA a) E a O Q A L >. O a) N Q o a) L Q. U C C 7 O o U L m v � O m U E U L O a) Ln U a) N al c6 N () L O a) 7 c6 U a) -0 a) c6 E N C w E H 7 0 c6 a) O m a) L L C 3 O U U t6 vi C N r6 U �L O ti t U H O O L U cJ'1 C O U L a) O U v U O O N i a a-+ R a) y a) E O .0 a) L c6 f6 t N a) E O L O a) 6p c6 C a) U a1 CL a) L Q) U Q) tCLO OLD C L 3 a) _m 3 v c6 U a) CA 7 C R t U f6 a O te M v U x m a) > Z. .2 U �O. v � V u O O u G v a �u O H Q G N C� r � L �a t� c � `► 10/11/2011 Item 17.A. DEBT SERVICE CREDIT PER STUDENT While the District has no programmed capacity expansion projects in its Five -Year Work Plan, the outstanding debt service, referred to as Certificates of Participation (COPS), related to past capacity expansion projects must still be repaid. The District uses a combination of impact fees and ad valorem revenues to repay the debt service. Therefore, a credit is given for future ad- valorem payments toward debt service related to capacity expansion projects. As presented in Table 11, the debt service amounts to approximately $8,300 per student. Tindole- Oliver & Associates, Inc. Collier County August 2011 Packet Page - 1192 - School Impact Fee Update 11 - ---- L Q. V-4 L U �." cu V L w a m a% Y L •�Y C U Y d 0 a) U m > C N � • m f+ C r1 tw a a1 ate+ C m N N Y ra F- E co E E M 0 o a c 0 N tD O O O • } O O M 3 r4 'f9 = lu v E v u- Y .Q it +L-+ O p m W F- a) A = C 3 O v c CU cu o ..a' ` cu Y C s CU C 0 L > Y v CL > Q C O- " O tl0 N O M C E y 'D w E m N O E C:. -0 ri E L a) CU a) N a) Y a! 3 p > v o c O y c O m pp o to m a) 3 Ln Y fa v O U m v > c °1 E > c N a cu Y a1 C " 0 M C > O " N 'O ( CU a) a i y a M C f>0 > M L O — '3 Q .J E cn •E - E L N L >. cu Y cu cu > v 3 E T > O m M t v w -O -Zm E� c L M m cu Y Q C -0 as > to E 'no .E pq F of C N LJ V 0 M O > Ln Li L U 0 0' 7 +, Y U N Y Y C U U aj * L a O p LL O w> N Y Q LJ CL 3 W M 7 w X Vf Y O o> 0 as > c Y C Y o m cu E y L v C N Q O H O i X v 0 v sZ O a)a� v0_Q > m c 6: —,D FAWI c a V N � U v O O O U c N O U O Q O c N C) N O r � i_ �CD 3 v "tzr 00 N O O t:t �t U*) d' O 0 6Oei 60d � 1 000 ":r CMD M M m 69 64 E~3 N N 00 • w • m m • � L N U au LO 0 m o c.0 M CO a to CO CD :t "T �*- Lc) LL) y ,- N N N N N L � p a) C cu U cu y a LO M 00 O ti M N M L • r CD - - O Lf) t0 ti �- Y CO (= N O O ti LC) M �- �- N O Cfl O O CD cfi cr " O O Lf) � d- U') N N ti LO O CO d' CO M CD r- M p • 61> � � M K-? M O L� uO u Eg 69 L<3 • O • 'a • a) {Y/1 O 00 O N C0 d M O • O 0p M LC) co �t O 00 LC) �- ti M �- O M O 00 m • • O LL7 O L() N co O CS) C CO CO 1- 00 d• M O O N p • co O O ti � 00 'Itt N - M M N 69) � � 69 Ef} U-) N co 64 aJ • 69 b4 0O • y_ C•• a) E A • O. C • CV M N N CD N CD ti c E cu • y cr •- C - U N 0 L 0 c a N Q � C • i m w a) a) N y u Ln cn = N = (n = = L.) O Cl) d CL C/) d CO 0- C/) CO N U �� -000 - O a_ D a O O U O ) O O N - N LO LO CO I` cpn m 0 0 0 0 0 0 0 0 0 0 0 0 0 O O O O m N CV N N N CV N N N C '' m a% Y L •�Y C U Y d 0 a) U m > C N � • m f+ C r1 tw a a1 ate+ C m N N Y ra F- E co E E M 0 o a c 0 N tD O O O • } O O M 3 r4 'f9 = lu v E v u- Y .Q it +L-+ O p m W F- a) A = C 3 O v c CU cu o ..a' ` cu Y C s CU C 0 L > Y v CL > Q C O- " O tl0 N O M C E y 'D w E m N O E C:. -0 ri E L a) CU a) N a) Y a! 3 p > v o c O y c O m pp o to m a) 3 Ln Y fa v O U m v > c °1 E > c N a cu Y a1 C " 0 M C > O " N 'O ( CU a) a i y a M C f>0 > M L O — '3 Q .J E cn •E - E L N L >. cu Y cu cu > v 3 E T > O m M t v w -O -Zm E� c L M m cu Y Q C -0 as > to E 'no .E pq F of C N LJ V 0 M O > Ln Li L U 0 0' 7 +, Y U N Y Y C U U aj * L a O p LL O w> N Y Q LJ CL 3 W M 7 w X Vf Y O o> 0 as > c Y C Y o m cu E y L v C N Q O H O i X v 0 v sZ O a)a� v0_Q > m c 6: —,D FAWI c a V N � U v O O O U c N O U O Q O c N C) N O r � i_ �CD 3 v 10/11/2011 Item 17.A. VIII. Net Impact Cost per Student The net impact fee per student is the difference between the cost component and the credit component. Table 12 summarizes this information by land use. First, for each land use, the total impact cost per student is determined. This is the sum of the weighted average facility impact cost per student from Table 4 and the transportation and ancillary facility cost components per student from Table S. While the school facility cost figures are differentiated by school type, they do not differ by type of residential land use. As previously mentioned, the transportation and ancillary cost components are calculated on a per- student basis and do not differ by type of school or by type of residential land use. Second, for each land use, the total revenue credit is determined. This is the sum of the state revenue credit per student from Table 6, local capital improvement fund credit from Table 7, capital improvement tax revenue credit from Table 10, and the debt service revenue credit per student from Table 11. The state revenue credit, local capital improvement fund credit, and debt service credit are calculated on a per- student basis and do not differ by type of residential land use. The capital improvement tax revenue credit also is calculated on a per- student basis but, due to the adjustment for homestead exemption, this revenue credit per student varies by type of residential land use. Third, the net impact cost per student is determined, which is the difference between the total impact cost per student and total revenue credit per student. Tindale- Oliver & Associates, Inc. Collier County August 2011 Packet Page -1194- School Impact Fee Update 2 10/11/2011 Item 17.A. Table 12 Net Impact Cost per Student Cost/Cred it E I em ent Impact Cost Single Family Multi Family Mobile Facility Impact Cost per Studed'i $32,506 Transportation Impact Cost per Student2i $1,011 Ancillary Facility Impact Cost per Student�3) $1,012 Total Impact Cost per Studene4) $34,529 Impact Credit State Revenue Credit per StudenP ($28) ($28) ($28) Local Capital Improvement Credit per Students) ($99) ($99) ($99) Capital Improvement Tax Revenue Credit per Student') ($1,284) ($3,429) ($120) Debt Service Repayments Credit per StudenP $8,319 $8,319 $8,319 Total Revenue Credit per Student! 9) ($9,730) ($11,875) ($8,566) Net Impact Cost Net Impact Cost per Studenelo) $24,799 $22,654 $25,963 (1) Source: Table 4 (2), (3) Source: Table 5 (4) Sum of the total facility impact cost per student (Item 1), transportation service cost per student (Item 2), and ancillary facility cost per student (Item 3) (5) Source: Table 6 (6) Source: Table 7 (7) Source: Table 10 (8) Source: Table 11 (9) For each land use type, the total revenue credit per student is the sum of the state revenue credit per student (Item 5), local capital improvement fund credit per student (Item 6), capital improvement tax revenue credit (Item 7), and the debt service credit per student (Item 8). (10) For each land use type, the net impact cost per student is the total impact cost per student (Item 4) less the respective total revenue credit per student (Item 9). Tindale- Oliver & Associates, Inc. Collier County August 2011 Packet Page -1195- School Impact Fee Update 10/11/2011 Item 17.A. IX. Student Generation Rates The number of students living in a household typically varies depending on the type of residential housing. Therefore, school impact fees are typically assessed based on the specific student generation rates for different types of residential land uses. Collier County's currently adopted school impact fee developed the student generation rates using Public Use Microdata Sample (PUMS) and Census 2000 data. Because these data sources are becoming outdated and, in the past several years, additional data have become available, this impact fee study employs a new methodology using Geographic Information Systems (GIS) to develop the student generation rate for Collier County. Specifically, GIS was used to link student addresses to parcels in the Collier County Property Appraiser's database in order to generate the number of students per unit by school type and land use based on the latest tax roll. This process is described in more detail below. Determination of Total Housing Units by Type of Land Use Depending on the purpose, there are multiple ways a dwelling unit can be classified in terms of the type of residential land use. For the purposes of this analysis, the building codes in the Property Appraiser's database are used to determine the student generation rates for the single family detached, multi - family, and mobile home land uses. For all land uses, the total number of countywide units for the 2010 tax year were extracted from the parcel database based on the appropriate building code. Determination of Students by School Type and Land Use Code The determination of the number of students per land use was completed using the following process. First, the Collier County School District provided a GIS shapefile containing geocoded student addresses. Each student address was linked to its respective parcel in the Property Appraiser database using address point data provided by Collier County. The student generation rates used as the demand component for the impact fee only includes those students for which the impact fee is based, or students attending those Tindale- Oliver & Associates, Inc. Collier County August 2011 Packet Page -1196- School Impact Fee Update 10/11/2011 Item 17.A. schools listed in Appendix A, Table A -1. Therefore, the school code associated with each student record was used to exclude students attending schools or other facilities not included in the impact fee inventory. As previously mentioned, once the GIS shapefile with the geocoded student addresses was provided, the second step in the analysis was to link each student address to data from the parcel database. This allows for determining which type of land use is assigned to a given parcel (or address) where a student lives. This was accomplished by spatially joining the student address to the respective parcel in the database using GIS. Approximately 95 percent of the students were successfully linked to a parcel. The remaining 5 percent included students with addresses outside of the county or addresses that did not match an address in the address point layer or were not associated with one of the land uses included in the schedule. The results of this analysis are presented in Table 13, which includes the student generation rates calculated for each of the three land uses, based on the methodology described above. Table 13 Student Generation Rates Number b• Students Residential Land Use Stud• per Single Family - Less than 1,500 square feet 0.32 -1,500 to 2,499 square feet 26,5901 76,998 0.35 - 2,500 square feet or greater Multi Family 10,8851 102,6101 0.39 0.11 Mobile Home 2,0071 9,2211 0.22 (1) Number of students for each residential land use type based on the GIS analysis linking student addresses and parcel data from the Collier County Property Appraiser's database. (2) Source: Collier County Property Appraiser (3) Number of students (Item 2) divided by the number of units (Item 1) for each residential land use type. Figures for different tiers of the Single Family Detached land use are calculated by multiplying students per housing unit figure of 0.35 by ratios developed based on national persons per household data derived from the 2007 American Housing Survey (92% for smaller homes, 111% for homes with 2,500 square feet or more). Tindale- Oliver & Associates, Inc. Collier County August 2011 Packet Page -1197- School Impact Fee Update ;i 10/11/2011 Item 17.A. X. Calculated School Impact Fee Schedule To determine the calculated school impact fee for each residential land use under each fee schedule scenario, the net impact cost per student is multiplied by the student generation rate. The resulting net impact fees are presented in Table 14. The table also presents a comparison to the adopted impact fee levels prior to the implementation of 50 percent reduction. Table 14 Calculated School Impact Fee Schedule Residential Land Use Single Family Impact Unit Net Impact Cost per Studenf'� Students per Unit(') p. Cost per Unit'31 Adopted Fee (4) Percent Change (5) - Less than 1,500 square feet du $24,799 0.32 $7,936 $9,613 -17% -1,500 to 2,499 square feet du $24,799 0.35 $8,680 $10,755 -19% - 2,500 square feet or greater du $24,799 0.39 $9,672 $11,703 -17% Multi Family I du 1 $22,6541 0.111 $2,492 1 $3,344 25% Mobile Home du $25,963 0.22 $5,712 $6,687 -15% 1) Source: Table 12 (2) Source: Table 13 (3) Net impact cost per student (Item 1) multiplied by the students per unit (Item 2) for each land use for each school type (4) Source: Collier County Impact Fee Schedule, February 14, 2010. Reflects the level of school impact fee prior to the 50 percent decrease implemented recently. (5) Percent difference between the calculated fees (Item 3) and adopted fee (Item 4) Tindale- Oliver & Associates, Inc. Collier County August 2011 Packet Page -1198- School Impact Fee Update t 10/11/2011 Item 17.A. APPENDIX A School District Inventory Packet Page -1199- 10/11/2011 Item 17.A Table A -1 Collier County School District Existing School Inventory Elementary Schools Avalon PK -5 p� 1968 : 87,159 466 _ 466 Big Cypress PK -5 1986 126,280 940 940 Calusa Park PK -5 2002 LL 162,587 924 924 Corkscrew PK -5 1998 132,855 m. 828 828 Eden Park PK -6 ., 2008 119,564 824. ,e 824 Estates PK -5 2003 136,945 ,:` 779 779 Golden Gate - North PK -5 1973 w 108,149 797, 797 Golden Gate - South 4 -5 , 2003 68,648 409 409 Golden Terrace - North PK -5 1988 _ 94,788 747 747 Golden Terrace - South 4 -5 _ . 2003 78,594 589 589 Highlands PK -6 4X 1965 126,151 808 808 Lake Park PK -5 1989 87,109 570 570 Lake Trafford PK -6 1989 127,006 _ :; 881 881 Laurel Oak PK -5 1992 103,273 687 687 Lely PK -5 ': 1989 127,211 ., 821 821 Manatee PK -5 1993 110,049 766 766 Mike Davis PK -5 2008 126,345 919 919 Naples Park PK -5 1973 98,873 739 n. 739 Osceola PK -5 2002 141,815 767 767 Palmetto PK -5 2008 124,822 919 y 919 Parkside PK -5 2007 127,212 919. 919 Pelican Marsh PK -5 1995 a 141,452 846 846 Pinecrest PK -6 1962 132,508 854 854 Poinciana PK -5 1973 108,139 763 .. 763 Sabal Palm PK -5 2003 142,867 7720 772 Sea Gate PK -5 .�_�; 1964 117,580 8980 M 898 Shadowlawn PK -5.;° 1959 92,657 660 660 Tommie Barfield PK -5 1972 , 111,921 , 600 600 Veteran's Memorial Elementary PK -5 ,'` 2006 154,999 893 893 Village Oaks PK -6 1986 116,166 839 839 Vineyards PK -5.__ 1989 132,326 901 \ 901 Total - Elementary School 3,666 050 24,125M 24,125 Tindale- Oliver & Associates, Inc. August 2011 Packet Page -1200- Collier County School District School Impact Fee Update 10/11/2011 Item 17.A. Table A -1 Collier County School District Existing School Inventory (Continued) Source: Collier County School District and FISH Report dated 5/10/10 Tindole- Oliver & Associates, Inc. Collier County School District August 2011 Packet Page -1201- School Impact Fee Update 10/11/2011 Item 17.A. Table A -2 Collier County School District Planned Schools SchoolType Location Student Planned Stations Approximate Year Elementary L Corkscrew Planning Community 919 2015/16 Elementary Q Corkscrew Planning Community 919 2020/21 Elementary H Immokalee Planning Community 919 2022/23 Elementary R Rural Estates Planning Community 919 2023/24 Elementary P Rural Estates Planning Community 919 2024/25 Elementary V Royal Fakapalm /S. Naples Planning Community 919 2025/26 Elementary U Corkscrew Planning Community 919 2028/29 Middle Addition Rural Estates Planning Community 242 2020/21 Middle If Corkscrew Planning Community 1,342 2023/24 Middle DD Rural Estates Planning Community 1,342 2024/25 High EEE Rural Estates Planning Community 2,023 2024/25 High HHH Corkscrew Planning Community 2,023 2028/29 Total -- All Schools 13,405 Source: Collier County School District, Capital Improvement Plan FY 11 -30 Tindale- Oliver & Associates, Inc. August 2011 Packet Page -1202- Collier County School District School Impact Fee Update 10/11/2011 Item 17.A. A" \$V :7 Supplemental Unit Cost Information Packet Page -1203- 10/11/2011 Item 17.A. Building and Land Value Analysis This Appendix provides additional information on the methods used to estimate building and land values for the school impact fee. Building Construction Costs To determine the administration, architect /site improvement, construction, and FF &E costs associated with building a new school in Collier County, the following information was evaluated: • New schools bid in 2006 or later in Collier County; • Insurance values of existing schools, which provides a conservative estimate since insurance companies do not insure more permanent parts of the structures, such as the foundation, etc. • School cost estimates provided by the Collier County School District; • School cost information collected from 11 other Florida counties; and • Discussions with industry architects. The following paragraphs provide further detail on this research and analysis. Since 2006, the Collier County School District built five elementary schools and one middle school. These schools were completed in 2007 and 2008. Table B -1 presents cost figures for these schools, which results in an average of $203 per square foot for construction and site work, $11 per square foot for soft cost such as design /architectural fees, etc., and $20 per square foot for FF &E, for a total cost of $234 per square foot. Given that these schools were built prior to recent decreases in construction costs, this sample was not found to be representative of the current value. Tindale- Oliver & Associates, Inc. Collier County School District August 2011 School Impact Fee Update Packet Page -1204- 10/11/2011 Item 17.A. Table B -1 Cost Data on Recently Built Schools Year School Name Built Elementary Schools: Construction, O Off-Site Costs Soft Cost FF&E Total Parkside Elementary 2007 $216.00 $8.00 $20.00 $244.00 Veteran Memorial Elementary 2006 $164.00 $6.00 $18.00 $188.00 Eden Park Elementary 2008 $234.00 $8.00 $24.00 $266.00 Mike Davis Elementary 2008 $188.00 $7.00 $19.00 $214.00 Palmetto Elementary 2008 $225.00 $15.00 $21.00 $261.00 A vera a -- Elementary Schools $205.40 $8.80 $20.40 $234.60 Middle Schools: Cypress Palm Middle 2007 $191.00 $19.00 $19.00 $229.00 ,Average - -All Schools $203.00 $11.00 $20.00 $234.00 Source: Collier County School District As part of the construction cost analysis, TOA reviewed the current insurance value of school buildings. This analysis resulted in a unit cost of approximately $140 per square foot. It should be noted that insurance values are typically considered to be a conservative estimate for construction costs since more permanent portions of the buildings, such as the foundation, etc. are not insured because they would not have to be rebuilt if the structure is damaged or lost. Historical and recent bid information was obtained from 11 other Florida counties, including: • Brevard; • Charlotte; • Hernando; • Lake; • Manatee; • Orange; • Osceola; • Palm Beach; • Seminole; Tindale- Oliver & Associates, Inc. Collier County School District August 2011 Packet Page -1205- School Impact Fee Update 9 10/11/2011 Item W.A. • St. Lucie; and • Volusia. The following chart presents the trend for construction costs based on the information obtained from these counties. It should be noted that school costs tend to vary from one district to another at any given time due to differences in design, amenities, site issues, etc. However, Figure 1 is included to provide an order -of- magnitude trend line over the past 10 years. Figures included represent only the construction and site work cost, excluding soft costs and FF &E. Figure 6 -1 Construction Cost Trends (Construction & Site Cost per FISH NSF) Other Florida Counties $200 $150 $100 $50 $0 i -- - -- r r - - -r -- O 1-I N rn It Ln lD r� 00 Q1 O O O O O O O O O O O .-i O O O O O O O O O O O N N N N N N N N N N N Bid Year Source: Data collected from other Florida counties (excluding Collier County) TOA also contacted several industry architects and construction companies, including those that were involved in building schools in Collier County. Discussion with the architects and construction company representatives suggested a unit cost of $160 to $200. Tindale- Oliver & Associates, Inc. Collier County School District August 2011 Packet Page -1206- School Impact Fee Update 9 10/11/2011 Item 17.A. Finally, the School District provided estimates that ranged from $145 to $175 per square foot. More specifically, the estimates for construction and site work were $145 per square foot for elementary schools, $160 per square foot for middle schools, and $175 per square foot for high schools. In addition, the cost associated with FF &E, technology, and soft costs such as planning design and architectural fees was estimated at 20 percent of the construction cost. These estimates were provided by one of the District's contractors, which were also reviewed and found to be reasonable by the District's facilities staff. Table B -2 summarizes the construction data obtained from this research effort. Table B -2 Construction and Site Work Cost Data Summary Data Source Collier County Schools Built (06 -08) Construction and Site Work Cost per $203.00 Average Insurance Value of Existing Schools $140.00 2010 Bid Data from Other Florida Jurisdictions $120-$145 Industry Architects and Construction Companies $160-$200 Collier County School District Estimates $145-$1751 Given this information and analysis, the estimates provided by the District are found to be reasonable and reflective of recent cost decreases. More specifically, unit costs used in the study included $145 per square foot for elementary schools, $160 per square foot for middle schools, and $175 per square foot for high schools. The estimates for soft costs and FF &E were based on the 20 percent additional cost estimate that was also provided by the District, which were distributed between FF &E and soft costs based on the distribution trends observed in previously built schools in Collier County. Land Value In order to determine land value for future school land purchases, the following data /information was evaluated: • The market (or just) value of parcels where current schools are located based on information provided by the Collier County Property Appraiser; Tindale- Oliver & Associates, Inc. Collier County School District August 2011 Packet Page -1207- School Impact Fee Update l 10/11/2011 Item 17.A. • The value of land based on the value used in the previous impact fee study, adjusted for land value changes reported by the Property Appraiser; and • Vacant land sales and market /just values of all vacant land in areas where future schools will be built. The current land value of existing schools averages to $80,000 per acre, based on the information obtained from the 2010 Property Appraiser Database, which is shown in Table B -3. Table B -3 Existing School Land Value Elementary Schools Folio No Address Land Value Total Acres Land Value per Acre Estates 38847000002 5945 N Everglades Blvd, Naples $194,975 35.45 $5,500 Palmetto 40987440002 300010th Ave SE, Naples $196,900 32.80 $6,003 Highlands 00083120004 1101 Lake Trafford Rd, immokalee $92,890 13.27 $7,0D0 Lake Trafford 00071920009 3500 Lake Trafford Rd, immokalee $105,000 15.00 $7,000 Eden Park 00071041001 3650 Westclox Street, Immokalee $170,760 24.38 $7,004 Pinecrest 00123880000 3139th St S, Immokalee $136,350 18.18 $7,500 Village Oaks 00137160004 1601 SR 29, Immokalee $150,000 20.00 $7,500 Sabal Palm 40410080007 409518th Ave NE, Naples $670,208 87.04 $7,700 Big Cypress 36766400002 3250 W Golden Gate Blvd, Naples $578,100 19.27 $30,ODO Corkscrew 00210041406 1065CR858, Naples $1,881,250 53.75 $35,000 Lely 55425016006 8125 Lely Cultural Pkwy, Na les $1,050,050 22.00 $47,730 Avalon 00395640007 3300Thomasson Dr, Naples $727,500 14.55 $50,000 Calusa Park 00399840007 4600 Santa Barbara Blvd, Naples $1,228,000 24.56 $50,000 Golden Gate - North 36124760009 491120th Place SW, Naples $699,000 13.98 $50,000 Golden Gate - South 36242200001 5055 20th Place SW, Naples $149,000 2.98 $50,000 Golden Terrace - North 35998440006 271144th Terrace SW, Naples $632,500 12.65 $50,000 Golden Terrace -South 36002520002 296544th Terrace SW, Naples $401,000 8.02 $50,000 Tommie Barfield 78567000562 101 Kirkwood St, Marco Island $1,064,500 21.29 $50,000 Mike Davis 00298120909 3215 Magnolia Pond Dr, Naples $879,000 17.58 $50,000 Shadowlawn 61842800009 2161Shadowlawn Dr, Naples $745,000 12.05 $61,826 Vineyards 80708185001 6225 Arbor Blvd, Naples $1,800,000 18.00 $100,000 Parkside 55440006088 5322 Tex as Ave, Na Ies $2,748,100 27.481 $100,004 Parkside 62258680003 5322 Texas Ave, Na les $60,480 0.56 $108,0DO Veteran's Memorial Element 00148680007 15960 Veterans Memorial Blvd, Naples $2,881,350 2105 $125,OD4 Pelican Marsh 00177201208 9480Air ort Rd N, Naples $3,500,000 20.00 $175,OD0 Naples Park 00157320002 685111th Ave N, Na pies $4,184,000 20.92 $200,000 Lake Park 11185120001 129514th ave N, Naples $2,767,500 11.44 $241,914 Poinciana 00267200009 2825 Airport Rd S, Naples $3,082,500 12.33 $250,000 Poinciana 20765401403 2875 Airport Rd N., Naples $1,260,000 5.04 $250,000 Sea Gate 20765322508 650Seagate Dr, Naples $5,625,000 15.001 $375,000 Laurel Oak w /Gulf Coast HS 78001mmokalee Rd, Naples Manatee w /Manatee MS 1880 Manatee Rd, Naples Osceola w /Barron Collier HS 15770 Osceola Trail, Naples Total - Elementary School $39,660,913 622.62 $63,700 Avers a 21 Tindale- Oliver & Associates, Inc. Collier County School District August 2011 Packet Page -1208- School Impact Fee Update 10/11/2011 Item 17.A. Table B -3 (continued) Existing School Land Value Middle Schools Folio No Address Land Value Total Acres Land Value per Acre Immokalee 00120960004 4019th St N, Immokalee $171,225 22.83 $7,500 East Naples 61844600003 4100 Estev Ave, Naples $989,000 19.78 $50,000 Golden Gate 36443960001 270148th Terrace SW, Naples $1,347,000 26.94 $50,000 Manatee 00736680008 1920 Manatee Rd, Naples $4,703,500 94.07 $50,000 North Naples 00148600003 16165 Learning Lane, Na pies $3,350,813 43.05 $77,835 Oakrid a 00194480002 14975 Collier Blvd, Naples $4,685,000 37.48 $125,000 Pine Ride 00239880004 1515 Pine Ridge Rd, na les $6,454,000 36.88 $175,000 Gulfview 19011520007 255 6th St 5, Naples $5,085,000 13.56 $375,000 Corkscrew w /Corkscrew ES 1165 CR 858, Naples CVpress Palm w /Sabal Palm ES 425518th Ave NE, na les Total - Middle School $26,785,538 294.59 $90,925 Average 42 High Schools Immokalee 00120880003 701 Immokalee Dr, Immokalee $325,575 43.41 $7,500 Palmetto Ride 00209961306 1655 CR 858, Naples $4,773,650 136.39 $35,000 Golden Gate 00296480007 2925 Titan Way, Naples $3,297,000 65.94 $50,000 Lel 00438760006 1 Lely High School Blvd, Naples $2,500,000 50 $50,000 62266360001 1 Lely High School Blvd, Naples $20,160 0.19 $106,105 Gulf Coast 00194800006 7878 Shark Wa , Naples $8,128,750 65.031 $125,000 Barron Collier 00255120007 5600 Cougar Dr,Naples $23,303,674 181.631 $128,303 Naples 13803760000 1100 Golden Eagle Circle, Naples $8,627,286 33.36 $258,612 Everglades City 83494640006 415 School Dr, everglades $3,152,020 8.04 $392,042 Total- High School $54,128,115 583.99 $92,687 Ave rage 72 Total -- All Schools $120,574,566 1,501.20 $80,319 Source: Collier County Property Appraiser Database — 2010 Preliminary Tax Roll The land value included in the previous impact fee study was $202,000 per acre. This value was determined based on programmed land purchases in the 2006 Capital Improvement Program, land value of the existing schools at that time, and available appraisals. As presented in Table B -4, this value is adjusted based on changes to property values since 2006 as published by the Collier County Property Appraiser, which results in a current estimated value of $147,000. Tindale- Oliver & Associates, Inc. Collier County School District August 2011 School Impact Fee Update Packet Page -1209- "i 10/11/2011 Item W.A. Adjusted Land Value Time Frame Property Land ValueM Change - 20 to 50 Acres (Middle) -2006 $202,051 $131,250 1 - 2006 to 2007 $213,063 5.45% - 2007 to 2008 $200,876 -5.72% - 2008 to 2009 $172,452 - 14.15% - 2009 to 2010 $147,446 - 14.50% (1) 2006 land value reflects the average land value per acre included in the 2006 School Impact Fee Report. Values for remaining years were calculated based on the countywide average property value changes reported by the Property Appraiser. (2) Source: Property Appraiser, Collier County Collier County School District's Capital Improvement Plan (FY 11 -FY 30) indicates that all future schools included in the 10- and 20 -Year Plans will be built east of County Road 951. An analysis of property values for the size of parcels used for elementary, middle, and high schools suggest a range of $60,000 to $90,000 (excluding the parcels for high schools due to small sample size). Table B -5 presents this information. Table B -5 Just Market Value of Vacant Land — East of CR 951 Acreage -10 to 30 Acres (Elementary) Number Cost per Parcels $87,514 22 - 20 to 50 Acres (Middle) $60,667 3 - 40 to 80 Acres (High School) $131,250 1 Weighted Average (10 to 50 Acres) $75,988 24 Source: Collier County Property Appraiser Database, 2010 Based on this information, an average value of $75,000 per acre (mid -point of $60,000 and $90,000) is found to be a conservative estimate and is used in the study. Tindale - Oliver & Associates, Inc. Collier County School District August 2011 Packet Page -1210- School Impact Fee Update ;5 10/11/2011 Item 17.A. APPENDIX C Distribution of Inventory for Indexing Packet Page -1211- 10/11/2011 Item 17.A. Classification of Inventory Value for Future Indexing Calculations Currently, Collier County indexes its school impact fees on an annual basis. This reduces the likelihood of a situation where major adjustments become likely during updates due to the time between the adjustments. Table C -1 presents the classification of the inventory for future indexing purposes. This distribution will be used until the technical study is updated next time. Table C -1 Classification of Inventory Value Item Planning /Construction Percent Current Value�'� Tota 1121 $1,305,384,656 81% Land $118,267,500 7% FF &E $154,309,157 Buses /Vehicles $42,089,017 Subtotal - All Equipment $196,398,174 12% Total Value of the Inventory $1,620,050,330 (1) Total net square teet and acreage of inventory (Table A -1) multiplied by the average cost per square foot for planning and construction, land, and FF &E from Table 3. Total cost for ancillary facilities and buses /vehicles is from Table S. (2) Percentage of each component out of the total value Tindale- Oliver & Associates, Inc. Collier County School District August 2011 C -1 School Impact Fee Update Packet Page -1212- APPENDIX D Supplemental Calculations Packet Page -1213- 10/11/2011 Item 17.A. 10/11/2011 Item 17.A. Supplemental Calculations This Appendix provides an explanation of land cost and net interest carrying calculations. Land Cost As shown in table D -1, land cost is calculated by multiplying cost per acre by the average acres per 1,000 square feet for each school type. Average school size is based on the . most recently built schools that were also used for the calculation of the LOS in Table 2. Average acreage by school type is based on information obtained from Collier County School District representatives. This figure was compared to the acreage of the schools that were included in the average size calculations as well as the entire inventory and were found to be reasonable. Table D -1 Land Cost Per Square Foot Average Average School Type Acres(l) Size (2) Acres per Land Cost 1000 SP 3j per SO" ;Cost per Acre (2010 dollars)(') (1) Source: Collier County School District (2) Source: Average size of prototype schools (3) Average acres (Item 1) divided by average size (Item 2) multiplied by 1,000. (4) Cost per acre (Item 5) multiplied by acres per 1,000 sf (Item 3) divided by 1,000. (5) Source: Appendix B Tindale- Oliver & Associates, Inc. Collier County School District August 2011 D -1 School Impact Fee Update Packet Page -1214- 10/11/2011 Item 17.A. Net Interest Carrying Cast Table D -2 provides the net interest carrying cost calculations for middle schools as an example. Table D -2 Net Interest Carrying Cost per Square Foot — Middle Schools Inflation Year of Construction Phase Planning(l) Years (2) Planning 1.0 2.5 Initial Cost (3) $11.20 Interest (4) Difference $12.65 (5) Construction 2.0 1.5 $106.67 $114.77 Construction + FF &E 2.5 1.0 $127.47 $133.84 Total Cost $245.34 $261.26 $15.92 Adjusted Carrying Cost! 6) $13.53 interest Rate (7) 5.00% Percent Borrowed") 85.00% (1) Based on discussions with the School District, represents the average time frame for each phase. (2) Number of years the interest will be paid. (3) Cost of each phase distributed throughout the length of the phase. For example, the entire cost of planning is expected to occur during Year 1 while half of the construction cost is expected to be incurred in Year 2 and the other half in Year 3. (4) Initial cost (Item 3) increased by the interest rate (Item 7) (5) Difference between total cost with interest and total initial cost (6) Total cost difference multiplied by percent borrowed (Item 8) (7) Based on discussions with School District representatives (8) Based on a review of expenditures over the past five years Tindale- Oliver & Associates, Inc. Collier County School District August 2011 D -2 School Impact Fee Update Packet Page -1215- 9 10/11/2011 Item 17.A. The Greater Naples Chamber of Commerce r'" " Serving all of Collier County July 28, 2010 Han Kathleen Curatolo, Chair Collier County School District Board 5775 Osceola Trail Naples, FL 34109 RE: School Impact Fee Dear School Board Members: The Chamber's Public Policy leaders wish to share our thoughts as you discuss the school impact fee and the District's capital plan during your July 29th, 2010 Board meeting. We hope our comments may help you balance your impact fee policy recommendations to the Board of County Commissioners. Given our current economic challenges, we think it is important we put matters into context. We hope you agree it is important to generate sufficient capital revenue to both meet the District's capital needs and resonate with the needs of Collier County's economy. Indeed, we believe it is critical that the District adopt fiscal policy that is responsive to the severe recession currently impacting the overall socioeconomic health of our great community. As you know, the best estimates are that Collier County has lost approximately 15,000 jobs in our construction, development and related industries. The affects of this massive job loss in our community have been profound. When combined with the national recession, stock market volatility, financial crisis and foreclosure epidemic, most families, businesses, and municipalities are being forced to reset and rethink budgetary priorities responsive to our new economic realities. The good news is that Collier County School Board has been adroit and need not panic. Your decision last fall to advance a referendum to move one quarter mill from capital to operating accounts has helped stabilize the District's operating budget. This forward thinking has helped in so many ways. The Chamber was pleased to join with many collaborative community constituents to support you in this effort. Together, we all were instrumental in achieving the referendum's success. 2390Tamiami Trail North - Suite 210 - Naples, Florida. Packet Page -1216 - 3x(239)262- 8314 - www.napieschamberorg 10/11/2011 Item 17.A. Kathleen Curatolo July 28, 2010 Page 2 of 3 In this same collaborative spirit, we ask you to consider recommending to the County Board of Commissioners that school impact fees be lowered. We believe all in Collier County would be best served by lower impact fees for the next few gears as we attempt to recover from the recession. Current Collier County impact fee policy is to assess the maximum impact fee that is legal. We suggest the School District consider balancing the amount of impact fee with other socioeconomic considerations such as job creation, local economic benefit and additional new home construction. We refer you to the findings in the Collier County Fiscal Stability report completed by Patrick Anderson for more detailed analysis (see attached). We believe there is considerable evidence that the amount of the school impact fee could be lowered or even eliminated for a time. Your current School District capital plan recognizes Collier County will not need a new school for approximately 10 years. In fact, it has been several years since the County built a new school. Our school population has been arguably static for the past three years with student enrollment increasing plus or minus some one thousand students annually. But, also, please note that the School Board staff has budgeted between $4 million and $6 million dollars in impact fee collections annually in your current five -year plan. These dollars appear to be budgeted to construct a $30 million ftind for future school construction. Recognizing that no school caused by growth is slated to start in the next five years, it seems that the reduction of this impact fee would not impair the current capital plan. We recognize the County, in co- operation with the District, is completing an updated education impact fee study in the next few months. Prudence suggests it may be wise to advance the discussion of lowering school impact fees over the coming months in conjunction with a thorough review of the findings in the county's study. Also, we ask you to consider requesting immediate deferral of the collection of the education impact fee until a home is completed. Current County policy is to collect impact fee taxes prior to starting a construction project. For a residential single family home, the combined eleven (11) impact fees total approximately $40,000 of which approximately $11,000 is for the education impact fee. This upfront impact fee tax is paid prior to the first work start and groundbreaking. Most projects are not funded until the closing with the end user when the home is finished. Bank financing for new construction is scarce. Construction companies now are forced to use their own cash to fund construction. For a company that builds more than one home at any one time, this up -front payment becomes a significant deal breaker to building any homes at all. We believe deferring impact fee collection until the issuance of certificate of occupancy, when the home is completed and prior to a homeowner taking legal possession, will stimulate our economy and spark noticeable, additional new home construction. Packet Page -1217- 10/11/2011 Item 17.A. Kathleen Curatolo July 28, 2010 Page 3 of 3 In summary, we believe all in Collier County would be best served by lower school impact fees for the next few years as we attempt to recover from the recession. Second, by deferring the collection of the education impact fee until a home is completed, we could help stimulate the local economy and job employment. Please know that we appreciate the opportunity to share these suggestions with you and stand ready to continue to try to support and assist you in your deliberations in the days ahead. Respectfully submitted for The Chamber's Public Policy Leaders, r�" w1orIc- Michael V. Reagen, Ph.D. President & CEO The Greater Naples Chamber of Commerce & Leadership Collier Foundation MVR/If cc: Dennis Thompson Michele LaBute Packet Page -1218- ra J . August 23, 2010 Honorable Commissioner Fred Coyle Chair, Board of County Commissioners 3301 E. Tamiami Trail Naples, Florida 34112 Dear Commissioner Coyle, 10/11/2011 Item 17.A. KATHLEEN CURATOLO, Chair JULIE SPRAGUE, Vice Chair PATRICIA M. CARROLL, Member STEVEN J. DONOVAN, Member ROY M. TERRY, Member At our regularly scheduled meeting on Thursday, August 19, 2010, members of the District School Board of Collier County voted unanimously to recommend a 50% reduction in school impact fees over a twenty -four month period. On behalf of School Board members, we are requesting that this recommendation be placed on a BCC agenda for your discussion and vote. The favor of your reply would be most appreciated. Since ely, Kathleen Curatolo Chair: District School Board of Collier County cc: Leo Ochs, Collier County Manager a✓ Dr. Dennis L. Thompson, Superintendent of Collier county Public Schools COLLIER COUNTY CHARACTER EDUCATION TRAITS Citizenship Cooperation Honesty Kindness Patriotism Perseverance. �o Respect Responsibility Self Control Tolerance THE COLLIER COUNTY PUBLIC SCHOOL SYSTEM IS AN EQUAL ACCESS/EQUAL OPPORTUNITY INSTITUTION FOR EDUCATION AND EMPLOYMENT. Packet Page -1219- 10/11/2011 Item 17.A. 16D • Friday, September 23, 2011 • Naples Dairy News NOTICE OF INTENT TO CONSIDER ORDINANCE Notice is hereby given that on Tuesday, October 11, 2011, in the Boardroom, 30 Floor,. Administration Building, Collier County Government Center, •3299 Tamiami Trail East, Naples, Florida, the Board of County Commissioners will consider the en- actment of a County Ordinance. The meeting will.commence at 9:00 A.M. The title of the proposed Ordinance is as follows: AN ORDINANCE OF THE BOARD OF COUNTY COMMISSIONERS OF COLLIER COUN- ANFL! FLORIDA, IMPACT (THE COLLIER COUNTY CONSOLIDATED PACT E D ORDINANCES FEE ORDI- NANCE) BY INCORPORATING, BY REFERENCE,. THE IMPACT FEE STUDY ENTITLED. "COLLIER COUNTY SCHOOL IMPACT FEE_ STUDY," DATED AUGUST 22,'2011; PRO- VIDING THAT THE CURRENT, ADOPTED :SCHOOL IMPACT FEE RATES REMAIN. IN EF= FECT, AS THEY ARE LOWER THAN THOSE CALCULATED IN THE- UPDATE STUDY; PROVIDING FOR CONFLICT AND SEVERABILITY; PROVIDING FOR INCLUSION IN THE COLLIER COUNTY CODE OF LAWS, AND ORDINANCES; AND ,PROVIDING AN EFFEC- TIVE DATE. A copy of the proposed Ordinance is on file with the Clerk to the Board, and is available for inspection. All interested parties are invited to attend and be heard. NOTE:. All persor*. wishing to speak'on any -agenda item must register with the .County administrator prior to presentation of the agenda . item to. be addressed. Individual - speakers will be limited to 3 minutes on any item,. The selection of an in- dividual to speak, on behalf'of an organization or group is encouraged. If .recog= nized by the Chairman, a spokesperson for a group or organization may be allotted 10 minutes to speak on an item. Persons wishing to have written or graphic materials included in the Board agenda packets must submit said .material a minimum of 3 weeks prior to the resppective . public hearing. in ,any case, written materials intended to be considered by the Board shall, be submitted to the appropriate County staff a minimum of seven days prior to the public hearing. All material, used in presentations before the Board will become a permanent part of the record.. Any person who decides to appeal a decision of the Board will need a record of the proceedings pertaining thereto and therefore, may, need: to ensure that a ver- batim record of the proceedings: is made, which record.mcludes the testimony and evidence upon which the appeal is based. If you are a'person with a disability who 'needs any accommodation in order to par - tiapate in this proceeding, you are entitled; at po,cost to you.to the provision of certain assistance.., Please contact the Collier County Facilitigs Management Depart - in located at 3335 Tamiami Trail East, Suite .101, Naples, , Florida, (239) 252 -8380, at least two days prior to the meeting. Assisted listening devices for the hearing im- paired are available in the Board of County Commissioners Office. BOARD OF.COUNTY COMMISSIONERS COLLIER COUNTY, FLORIDA. . FRED W. COYLE, CHAIRMAN DWIGHT E. BROCK.. CLERK By: Martha Vergara, Deputy Clerk (SEAL) Csotnmh •r 21. 2011 N0191 5920 AM Packet Page -1220-