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Agenda 07/09/2019 Item #16F 1 (2018 Impact Fees Indexing Calculations)07/09/2019 EXECUTIVE SUMMARY Recommendation to accept the “2018 Indexing Calculations” prepared by Tindale-Oliver and Associates, in accordance with the adopted indexing methodology contained in Chapter 74 of the Collier County Code of Laws and Ordinances, pertaining to impact fees, and direct the County Manager to forego the calculated increases, to the Emergency Medical Services Impact Fees 3.2%, Government Buildings Impact Fees 3.4%, Law Enforcement Impact Fees 2.7% and Library Impact Fees 2.9% due to the Impact Fee categories being scheduled for full study in early fiscal year 2020 and anticipated changes in demand components and the impact of the new sales tax revenue on the credit calculation for several of the listed fees. OBJECTIVE: To accept the indexing report for Emergency Medical Services (EMS), Government Buildings, Law Enforcement and Library Impact Fees but forego the associated fee increases identified in the report. CONSIDERATIONS: Chapter 74 of the Collier County Code of Laws and Ordinances (Code) requires that in each of the two mid -cycle years between the formal three-year updates, the County shall calculate potential adjustments to the impact fee rates based on the percentages set forth in the Impact Fee Indexing Study, as updated annually, and in accordance with the indexing methodology specified in the current and adopted impact fee study. On April 25, 2017, the Board of County Commissioners (Board) adopted Ordinance 2017 -13 which amended the Code to incorporate the Government Building, Law Enforcement, Libraries, and Emergency Medical Services (EMS) Impact Fee Update Studies and amended the corresponding impact fee rate schedules that were effective May 1, 2017 (decreases) and July 24, 2017 (increases). Additionally, on April 25, 2017, the Board adopted Ordinance 2017-14 which amended the Parks and School Impact Fee Rate Schedules recommended in the “2017 Indexing Calculations”, establishing the current rates that were effective July 24, 2017. The attached “2018 Indexing Calculations” Report (Attachment A) was prepared by Tindale- Oliver and Associates, Inc., for the annual indexing of EMS, Government Buildings, Law Enforcement and Library Impact Fees. Three measures are used, alone or in combination, to calculate the indexing percentages for the fees. These measures include building costs, land costs, and vehicle and equipment costs. Based on this information, the total indexing percentage is then calculated for each of the individual impact fees. The indexing percentage calculated in the attached reports are a 3.2% increase for EMS, a 3.4% increase for Government Buildings, a 2.7% increase for Law Enforcement, a 2.9% increase for Libraries. However, staff recommends that the Board accept the Indexing Report and forego the proposed increases for the following reasons: 1) the four fees subject to the indexing will be reviewed under a full study beginning in early Fiscal Year 2020, as required by the Code; 2) based on anticipated changes in demand components staff does not recommend increases to fees that may be offset by decreases; and 3) a credit for the Sales Tax revenue will need to be calculated and impact on the rate structure will be evaluated as part of the full studies, for those facilities that will be utilizing the revenue. The 2018 Indexing Calculations were discussed with the Development Services Advisory Committee on June 5, 2019. The Committee voted unanimously to accept the “2018 Indexing Calculations” Report but also recommended that the Board not implement the calculated percentages of increase, due to the upcoming full studies being on schedule to proceed. FISCAL IMPACT: Based upon current activity, the projected annual increase in revenue 16.F.1 Packet Pg. 1895 07/09/2019 associated to the indexing, assuming development activity remains constant, is ap proximately $12,000 for EMS, $86,000 for Government Buildings, $37,000 for Law Enforcement, $25,000 for Library. However, changes to the volume of building permits, as well as the size and type of units being constructed, will directly affect these incoming revenue streams. Additionally, the total increase in revenue may not be fully realized in the first year following the increase as permitting activity within the 90-day notice period has historically increased prior to the effective date of an increase in fees, and all permits that are currently “in process” via a complete building permit application are not subject to imposition of an increased rate. Therefore, based on the minimal percentages being proposed, foregoing the rate increases related to the indexing calculations will not have a major impact on the capital plans for the listed public facilities. GROWTH MANAGEMENT IMPACT: The concepts of annual indexing and impact fee updates are consistent with Objective 2 of the Capital Improvement Eleme nt (CIE) of the Collier County Growth Management Plan (GMP) 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. While the Board is required to implement any calculated decreases to impact fee rates, the Board has discretion on the timing and implementation of any calculated impact fee rate increases. LEGAL CONSIDERATIONS: This item has been reviewed by the County Attorney, is approved as to form and legality, and requires majority vote for approval. -JAK RECOMMENDATION: To accept the “2018 Indexing Calculations” Report prepared by Tindale-Oliver and Associates, Inc., in accordance with the adopted indexing methodology contained in Chapter 74 of the Collier County Code of Laws and Ordinances, pertaining to impact fees, and direct the County Manager to forego the calculated increases, to the Emergency Medical Services Impact Fees, Government Buildings Impact Fees, Law Enforcement Impact Fees and Library Impact Fees due to the Impact Fee categories being scheduled for full study in early fiscal year 2020 and anticipated changes in demand components and the impact of the new sales tax revenue on the credit calculation for several of the listed fees. Prepared by: Amy Patterson, Director Capital Project Planning, Impact Fees and Program Management Division Growth Management Department ATTACHMENT(S) 1. Collier 2018 Indexing Final Report 6-12-19 with date change (PDF) 16.F.1 Packet Pg. 1896 07/09/2019 COLLIER COUNTY Board of County Commissioners Item Number: 16.F.1 Doc ID: 9330 Item Summary: Recommendation to accept the “2018 Indexing Calculations” prepared by Tindale-Oliver and Associates, in accordance with the adopted indexing methodology contained in Chapter 74 of the Collier County Code of Laws and Ordinances, pertaining to impact fees, and direct the County Manager to forego the calculated increases, to the Emergency Medical Services Impact Fees 3.2%, Government Buildings Impact Fees 3.4%, Law Enforcement Impact Fees 2.7% and Library Impact Fees 2.9% due to the Impact Fee categories being scheduled for full study in early fiscal year 2020 and anticipated changes in demand components and the impact of the new sales tax revenue on the credit calculation for several of the listed fees. Meeting Date: 07/09/2019 Prepared by: Title: Senior Grants and Housing Coordinator – Capital Project Planning, Impact Fees, and Program Management Name: Gino Santabarbara 06/13/2019 8:56 AM Submitted by: Title: Division Director - IF, CPP & PM – Capital Project Planning, Impact Fees, and Program Management Name: Amy Patterson 06/13/2019 8:56 AM Approved By: Review: Growth Management Department Jeanne Marcella Level 1 Reviewer Completed 06/13/2019 10:30 AM Growth Management Department Gino Santabarbara Deputy Department Head Review Skipped 06/13/2019 8:55 AM Growth Management Department Thaddeus Cohen Department Head Review Completed 06/13/2019 12:26 PM Office of Management and Budget Valerie Fleming Level 3 OMB Gatekeeper Review Completed 06/14/2019 11:37 AM County Attorney's Office Jeffrey A. Klatzkow Level 3 County Attorney's Office Review Completed 06/14/2019 11:45 AM Budget and Management Office Mark Isackson Additional Reviewer Completed 06/26/2019 10:46 AM County Manager's Office Leo E. Ochs Level 4 County Manager Review Completed 06/26/2019 2:32 PM Board of County Commissioners MaryJo Brock Meeting Pending 07/09/2019 9:00 AM 16.F.1 Packet Pg. 1897 Collier County 2018 Indexing Calculations Final Report Prepared for: Collier County 2800 North Horseshoe Drive Naples, FL 34104 Ph. (239) 252-8192 May 18, 2019 Tindale Oliver 1000 Ashley Drive, Suite 400 Tampa, FL 33602 Ph. (813) 224-8862, fax (813) 226-2106 E-mail: nkamp@tindaleoliver.com 0073139-07.18 16.F.1.a Packet Pg. 1898 Attachment: Collier 2018 Indexing Final Report 6-12-19 with date change (9330 : 2018 Indexing Calculations) Tindale Oliver Collier County May 2019 i Indexing Update COLLIER COUNTY 2018 INDEXING CALCULATIONS Table of Contents I. Introduction ................................................................................................ 1 II. Calculation of Indices .................................................................................. 2 III. Application .................................................................................................. 3 16.F.1.a Packet Pg. 1899 Attachment: Collier 2018 Indexing Final Report 6-12-19 with date change (9330 : 2018 Indexing Calculations) Tindale Oliver Collier County May 2019 1 Indexing Update I. Introduction Collier County retained Tindale Oliver to calculate the updated indices for the following impact fee program areas: • Government Buildings; • Law Enforcement; • Libraries; and • Emergency Medical Services (EMS). The County completed technical studies for government buildings, law enf orcement, libraries, and EMS facilities in 2016. It is Collier County’s policy to annually index the fees to moderate fluctuations between the periodic update studies. As such, the County retained Tindale Oliver to prepare an indexing study that reflects the changes in cost of the inventory components including buildings, land, and vehicles/equipment. This technical report provides a summary of the index variables and the calculations of combined indices for the four program areas listed above. 16.F.1.a Packet Pg. 1900 Attachment: Collier 2018 Indexing Final Report 6-12-19 with date change (9330 : 2018 Indexing Calculations) Tindale Oliver Collier County May 2019 2 Indexing Update II. Calculation of Indices As part of the calculations, the following indices were updated: • Collier County Property Values; • Consumer Price Index (CPI) (for equipment and vehicles); • Producer Price Index (PPI) (for equipment and vehicles); • Engineering News Record (ENR) Building Cost Index; • Turner Building Cost Index; and • RS Means Building Cost Index. Table 1 presents the updated individual indices that will be used in the calculation of the overall indices for each program area. Indices were calculated based on the most recent two years of data available, 2016 and 2017. Consistent with the adopted indexing methodology, the building cost index utilized ENR, RS Means, and Turner Building Cost indices. In the case of the equipment/vehicle cost index, the CPI and PPI for equipment were used. The land index is based on data from the Collier County Property Appraiser. Table 1 also provides a comparison to 2017 indices calculated in March 2017. Table 1 Index Calculations 1) Calculated based on the data from the latest two years, as available 2) Calculated using 2015 and 2016 data, as available 3) Difference between the 2018 index (Item 1) and the 2017 index (Item 2) Component 2018 Index(1) 2017 Index(2) 2017-2018 Difference (3) Buildings 3.1%2.6%0.5% Land 9.4%12.1%-2.7% Equipment/Vehicles 1.7%2.2%-0.5% 16.F.1.a Packet Pg. 1901 Attachment: Collier 2018 Indexing Final Report 6-12-19 with date change (9330 : 2018 Indexing Calculations) Tindale Oliver Collier County May 2019 3 Indexing Update III. Application Updated individual indices from Table 1 are used to calculate the combined indices for the four program areas, which are shown in Table 2. The total applicable index represents the adjustment factor that should be applied to the related impact fee schedules. Table 2 Combined Indices 1) Source: Technical Impact Fee Studies 2) Distribution of each inventory component is calculated by dividing each component by the total inventory value 3) Source: Table 1 4) Percent of total cost (Item 2) multiplied by the 2018 index (Item 3) 5) Sum of indices of each component Inventory Component Distribution of Inventory(1) Percent of Total Cost(2)2018 Index(3)Combined Index(4) Government Buildings Land $15,187,200 5.3%9.4%0.5% Buildings $270,235,060 94.7%3.1%2.9% Total Cost $285,422,260 100.0% 3.4% Law Enforcement Land $4,382,400 2.9%9.4%0.3% Buildings $79,110,820 51.5%3.1%1.6% Equipment/Vehicles $70,020,524 45.6%1.7%0.8% Total Cost $153,513,744 100.0% 2.7% Libraries Land $1,617,280 2.2%9.4%0.2% Buildings $54,018,600 73.9%3.1%2.3% Materials/Equipment $17,483,820 23.9%1.7%0.4% Total Cost $73,119,700 100.0% 2.9% EMS Land $3,168,000 8.4%9.4%0.8% Buildings $21,532,800 56.8%3.1%1.8% Equipment/Vehicles $13,200,989 34.8%1.7%0.6% Total Cost $37,901,789 100.0% 3.2%Total Applicable Index(5) Total Applicable Index(5) Total Applicable Index(5) Total Applicable Index(5) 16.F.1.a Packet Pg. 1902 Attachment: Collier 2018 Indexing Final Report 6-12-19 with date change (9330 : 2018 Indexing Calculations)