Loading...
Backup Documents 10/22/2019 Item #11MCollier County Water-Sewer District 2019 WATER AND WASTEWATER IMPACT FEE STUDY OCTOBER 22, 2019 Public Utilities Department Agenda ●Purpose and Use ●Methodology ●Major Assumptions ●Proposed Impact Fees ●Summary of Recommendations PUBLIC UTILITIES DEPARTMENT 2 Purpose of Impact Fees ●Application of Impact Fee Common in Utility Industry o Used by Collier County Water-Sewer District (the “District”) Since 1998 o Impact Fees Last Updated in 2017 ●Support Policy of “Growth Paying for Growth” o Existing Customers Not Responsible for New Capital o Additional Financial Resources Provide Long-Term Favorable Rate Benefit ●Recover Capital Cost of Capacity Allocable to New Users PUBLIC UTILITIES DEPARTMENT 3 Impact Fees Legislation ●Section 163.31801 Florida Statutes is Cited as the Florida Impact Fee Act ●Signed into Law June 14, 2006 o Most Recently Amended July 1, 2019 ●Must Meet “Dual Rational Nexus” Test ●No Intentional Windfall to Existing Users ●Only Covers Capital Cost of Construction and Related Costs for Capital Expansions to Serve Growth ●Fee Must be Based on Most Recent and Localized Data PUBLIC UTILITIES DEPARTMENT 4 Use of Impact Fees ●Pay for Financing Growth / Expansion-Related Infrastructure o Capital Projects o Expansion-Related Portion of Debt Service ●Per Bond Resolution: Impact Fees Are Pledged Revenue for Payment of District’s Outstanding Debt o District is AAA-Rated Utility –Indication of Low Credit Risk o Strong Rating Reduces District’s Borrowing Costs and Keeps User Rates Lower PUBLIC UTILITIES DEPARTMENT 5 Calculation Methodology PUBLIC UTILITIES DEPARTMENT Level of Service (Gallons per ERC)Impact Fee ($/ERC) Capital Investment ($) Capacity per Day (Gallons) 6 Calculation Methodology (cont’d.) ●Impact Fees Include Two Primary Capital Cost Recovery Components o Identified as System Costs –Benefit All Users ●Treatment Component (Plants) ●Primary Transmission Component (Lines 10 Inches in Diameter or Greater, Storage, Master Pump Stations not built by developers and conveyed) ●Does Not Include Onsite Costs Specific to Development o Water Distribution Lines, Hydrants, Meters o Collection Lines, Manholes, Local Lift Stations o Generally Donated as Part of Development Process or Funded from a Separate Rate PUBLIC UTILITIES DEPARTMENT 7 ●Methods Include: 1.Standards Method o Based on Theoretical Cost of Improvements for Incremental Development o May Not be Tied to Current Capital Plan 2.Historical Cost / “Buy-In” Method o Based on the Historical / Original Cost of Assets o Only Recognizes Capacity Currently in Service 3.Improvements Method o Based on Future Capital Costs and New Capacity Over a Projected Period of Time o Does Not Account for Unused Constructed Capacity at Existing Facilities Available for New Growth PUBLIC UTILITIES DEPARTMENT Calculation Methodology (cont’d.) 8 ●Method Utilized in Impact Fee Study o Blending of Buy-In and Improvements Methods ●Includes Historical Costs of Existing Facilities ●Recognizes Plant Capacity Available from Existing Facilities to Meet Near-Term Growth Requirements ●Includes Projected Near-Term “Incremental” Capital Costs o Links Constructed Infrastructure Cost to Timing of When Fee is Applied PUBLIC UTILITIES DEPARTMENT Calculation Methodology (cont’d.) 9 o The methodology has been reviewed and agreed with impact fee outside legal council o The Impact Fee Rate Study was reviewed in detail by the DSAC subcommittee and accepted unanimously by the full DSAC at their October 2, 2019 meeting PUBLIC UTILITIES DEPARTMENT Calculation Methodology (cont’d.) 10 Major Assumptions –Cost of Infrastructure ●County Currently has $1.4 Billion in Constructed Water and Wastewater Utility Assets o $614.6 Million Excluded from Fee Calculations ●Miscellaneous Equipment, Non-Backbone Distribution, and Collection Lines ●County 11-Year Capital Improvement Program (“CIP”) = $1.0 Billion in Water and Wastewater Infrastructure Needs o Includes Carryforward Projects o $668.8 Million Excluded from Fee Calculations ●General Capital Improvement, Non-System Improvements, Retirements o $334.4 Million “Incremental Cost” Increase in Estimate of Installed Infrastructure Assets o Includes Permanent Portion of NE Plant Expansions PUBLIC UTILITIES DEPARTMENT 11 Major Assumptions –Level of Service ●Level of Service (“LOS”) = Allocated Capacity / Flow per Equivalent Residential Connection (“ERC”) ●LOS Based On: o 2019 Master Plan Update (AECOM Report dated December 7, 2018) o Actual Water Sales and Production Data o Wastewater Billing and Treated Flow Data ●Proposed Fees Reflect Reduction to LOS •Consistent with Trends Experienced in Florida and Nationally PUBLIC UTILITIES DEPARTMENT Water Wastewater Existing LOS per ERC 325 gpd 225 gpd Proposed LOS per ERC 300 gpd 200 gpd 12 Level of Service Comparison Water LOS (gpd)Wastewater LOS (gpd) Collier County –Existing 325 225 Collier County –Proposed 300 200 Charlotte County 325 190 Hernando County 350 280 Hillsborough County 300 200 Lee County 250 250 Manatee County 250 185 Pasco County N/A N/A Pinellas County N/A N/A Sarasota County 200 200 Surveyed Utility Average 279 218 gpd = gallons per day PUBLIC UTILITIES DEPARTMENT 13 Major Assumptions –Existing Capacity ●Water Treatment Capacity and Flow o Water Treatment Capacity –52.750 MMADF-MGD ●Excludes unused Golden Gate water treatment plant capacity that will be repurposed and/or decommissioned o Dependable Water Plant Capacity –45.085 ADD-MGD o Available Capacity for Customer Growth –16.971 ADF-MGD ●Wastewater Treatment Capacity and Flow o Wastewater Treatment Plant Capacity –42.350 MMADF-MGD o Dependable Wastewater Plant Capacity –37.149 AADF-MGD o Available Capacity for Customer Growth –17.018 AADF-MGD ●Availability of Capacity Supports Buy-In Method PUBLIC UTILITIES DEPARTMENT 14 Proposed Impact Fees per ERC ●Existing to Proposed Impact Fees per ERC: ●Breakdown of Change in Impact Fee per ERC: PUBLIC UTILITIES DEPARTMENT Existing Proposed Difference System Fee Fee Amount Percent Water $2,562 $3,382 $820 32.0% Wastewater $2,701 $3,314 $613 22.7% Total $5,263 $6,696 $1,433 27.2% Water Wastewater Existing Fee $2,562 $2,701 Infrastructure Investment $1,102 $1,027 LOS Decrease ($282)($414) Proposed Fee $3,382 $3,314 15 Impact Fees Comparison Some reasons why impact fees differ among utilities: •Water quality and proximity to source of supply •Type of treatment processes and effluent disposal requirements •Availability of grant and other external revenue sources available to expansion related capital needs •Density of service area •Level of Service Standards PUBLIC UTILITIES DEPARTMENT 16 Impact Fees Comparison PUBLIC UTILITIES DEPARTMENT 17 Impact Fees History PUBLIC UTILITIES DEPARTMENT 18 Summary of Recommendations ●Consider Adoption of Proposed Water and Wastewater Impact Fees ●Considered to be Reasonable and Meet Criteria Established by Florida Impact Fee Act and Case Law PUBLIC UTILITIES DEPARTMENT 19 Questions and Discussion PUBLIC UTILITIES DEPARTMENT 20 Appendix 21 Proposed NE Developments ●Purpose: Remain in Compliance and Meet Demand Throughout the District o Meet village development needs o Provide needed reliability to stressed regional systems PUBLIC UTILITIES DEPARTMENT 22 Project Progress PUBLIC UTILITIES DEPARTMENT 23 Project Progress PUBLIC UTILITIES DEPARTMENT 24 Project Progress PUBLIC UTILITIES DEPARTMENT 25 Collier County Road Impact Fee Update Study October 22, 2019 Presentation Overview 2 1 Background Technical Analysis Next Steps 2 3 Background Collier County: •Road impact fee implemented in 1985 •Last update study completed in 2015 •Population growth of 175,000 projected through 2045 •Update to reflect most recent and localized data •ITE 10th Edition in 2017 •Local Option Sales Tax Adoption in 2018 •Cost increases since 2015 3 Presentation Overview 4 1 Background Technical Analysis Next Steps 2 3 Technical Analysis Impact Fee Definition: •One-time capital charge to new development •Covers the cost of new capital facility capacity •Implements the CIP 5 Consumption-Based Methodology: •Common methodology used by many Florida jurisdictions •Charges new growth based on its consumption of capacity •Fees are calculated at a rate that cannot correct existing deficiencies 6 Technical Analysis Technical Analysis Basic Impact Fee Formula: Net Impact Fee = (Cost –Credit) x Demand 7 Cost to add capacity Non-impact fee revenue from future development Vehicle miles of travel Transportation 8 Summary of Changes Variable Change Since Last Study Effect on Fee Cost Credit Demand Single Family Rate (2015 Rpt)-+15% Single Family Rate (Indexed)-+9% Technical Analysis: Consumption-Based 9 Total Impact Cost ≈$9,200 13 vehicle-miles of daily travel Capacity ≈8,500 Vehicle-miles of capacity ≈$710 Total Credit ≈$1,200 Impact Fee ≈$8,000 ÷ = X= One Lane Mile ≈$6.0 M Transportation Demand Component •Sources: •National ITE Reference •Florida Studies Database •District 1 Regional Planning Model (D1RPM) •Demand Calculation: •Trip Gen. Rate x Trip Length x % New Trips 10 Transportation –Demand Component Update TGR to ITE 10th Edition: •Trip Generation Increase ≈ 20 land uses •Trip Generation Decrease ≈ 24 land uses •No change ≈ 13 land uses •Re-organization of multi-family and gas station w/convenience market land uses 11 Transportation –Demand Component 12 Change in Trip Generation -Examples Land Use Unit TGR 2015 TGR 2019 % Change Single Family (2k sq ft)du 7.65 7.37 -3.7% Day Care Center Student 4.38 4.09 -6.6% Office (50k sq ft)1,000 sf 11.02 9.74 -11.6% Retail (100k sq ft)1,000 sf 28.46 37.75 +32.6% Bank w/Drive-In 1,000 sf 159.34 102.66 -35.6% Light Industrial 1,000 sf 6.97 4.96 -28.8% Furniture Store 1,000 sf 5.23 6.26 +19.7% Fast Food w/Drive-Thru 1,000 sf 511.00 482.53 -5.6% 13 Transportation –Cost Component Source: Florida Dept of Transportation, Long Range Estimates -50% 0% 50% 100% 150% 200% 250% 300% 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 FDOT LRE Construction Cost -Cumulative Growth Trend (3-yr Avg) Construction Costs Continue to Increase 14 Local Future Estimates $0 $1,000,000 $2,000,000 $3,000,000 $4,000,000 $5,000,000 $6,000,000 $7,000,000 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2015 Report: Local Improvements and County Database ≈$2.5 M per lane mile 2015 Report: Calculated Fee ≈$2.5 M per lane mile Proposed: $3,500,000 for construction -Local Bids/Estimates -FL Database 2015+ Transportation County Road Construction Cost Trend (curb & gutter) = Collier Bid/Estimate Technical Analysis –Cost Component Estimated Cost per Lane Mile 15 Phase County Roads Design $385,000 Right-of-Way $1,208,000 Construction $3,500,000 CEI $315,000 Mitigation $74,000 Urban Overpass $523,000 Total $6,005,000 Credit Component: 16 $.01 penny 1 CENT GAS TAX PER GALLON Technical Analysis Credit Component •Revenue Sources County funding (fuel tax, grants, debt service, etc.) Sales tax option This is NOT a developer credit for construction 17 Transportation Capital Expansion Funding (Excluding Impact Fees) 18 Credit Equiv. Pennies per Gallon ≈Annual Expenditures County Revenues $0.047 $7.9 M County Debt Service $0.087 $14.5 M Total Fuel Tax Eq $0.134 $22.4 M Transportation –Credit Component Credit Equiv. Pennies per Gallon ≈Annual Expenditures County Revenues $0.144 $24.2 M County Debt Service $0.087 $14.5 M Total Fuel Tax Eq $0.231 $38.7 M Excluding Sales Tax Including Sales Tax Single Family (2k sf) Credit = $703 Single Family (2k sf) Credit = $1,203 •Fuel Taxes: State tax indexed Local tax NOT indexed •Other revenue sources are indexed 19 Technical Analysis Decrease in Value of 1¢ of Fuel Tax Technical Analysis Decrease in Value of 1¢ of Fuel Tax 20 0.400 0.500 0.600 0.700 0.800 0.900 1.000 1.100 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 Fuel Efficiency Fuel Efficiency & Inflation ≈ -17% ≈ -52% State Local Source: FHWA Highway Statistics Series Calculated Impact Fee Rates 21 Land Use Unit Adopted Fees Calculated Fees No Sales Tax Percent Change Calculated Fees w/Sales Tax Percent Change Study Date -2015 2019 -2019 - Assessed Portion -100%100%-100%- Single Family (2k sf)du $7,444 $8,590 +15%$8,090 +9% Light Industrial 1,000 sf $5,700 $4,865 -15%$4,584 -20% Office (50k sq ft)1,000 sf $10,249 $9,152 -11%$8,605 -16% Retail (125k sq ft)1,000 sf $14,354 $14,758 +3%$13,774 -4% Bank w/Drive-In 1,000 sf $28,961 $22,817 -21%$21,254 -27% Fast Food w/Drive-Thru 1,000 sf $96,567 $112,365 +16%$104,272 +8% Transportation Transportation Impact Fee Comparison 22 Land Use Unit Collier No Sales Tax Collier with Sales Tax Collier Adopted Lee County Charlotte County Palm Beach County Miami- Dade County Manatee County (NE) Martin County Study Date -2019 2019 2015 2015 2013 2018 2006 2015 2012 Assessed Portion -100%100%100%45%40%95%*100%90%100% Single Family (2k sf)du $8,590 $8,090 $7,444 $4,498 $2,389 $4,717 $9,464 $6,891 $2,815 Light Industrial 1,000 sf $4,865 $4,584 $5,700 $1,521 $1,518 $1,522 $3,821 $2,903 $1,857 Office (50k sq ft)1,000 sf $9,152 $8,605 $10,249 $3,426 $2,856 $3,418 $15,420 $4,594 $2,198 Retail (125k sq ft)1,000 sf $14,758 $13,774 $14,354 $5,164 $3,793 $7,656 $20,071 $11,737 $5,183 Bank w/Drive-In 1,000 sf $22,817 $21,254 $28,961 $11,511 $8,003 $16,116 $25,014 $11,737 $6,841 Fast Food w/Drive-Thru 1,000 sf $112,365 $104,272 $96,567 $22,010 $26,595 $30,702 $50,346 $11,737 $15,693 Transportation *Light Industrial was adopted at 48%, Office was adopted at 49%, Fast Food was adopted at 54% Transportation Impact Fee Comparison 23 Land Use Unit Collier No Sales Tax Collier with Sales Tax Collier Adopted Indian River County Sarasota County Pasco County SUBURBAN Polk County Lake County SOUTH Marion County Study Date -2019 2019 2015 2014 2015 2018 2015 2013 2015 Assessed Portion -100%100%100%100%/45%100%n/a 100%70%11-20% Single Family (2k sf)du $8,590 $8,090 $7,444 $4,248 $4,734 $8,570 $2,155 $2,706 $1,397 Light Industrial 1,000 sf $4,865 $4,584 $5,700 $1,206 $1,984 $0 $666 $1,505 $428 Office (50k sq ft)1,000 sf $9,152 $8,605 $10,249 $1,916 $4,327 $0 $2,237 $2,623 $676 Retail (125k sq ft)1,000 sf $14,758 $13,774 $14,354 $2,862 $9,365 $7,051 $3,808 $3,080 $1,014 Bank w/Drive-In 1,000 sf $22,817 $21,254 $28,961 $6,219 $8,598 $14,384 $3,808 $3,080 $2,260 Fast Food w/Drive-Thru 1,000 sf $112,365 $104,272 $96,567 $20,459 $17,867 $46,712 $3,808 $3,080 $2,803 Transportation Presentation Overview 24 1 Background Technical Analysis Next Steps 2 3 Next Steps •BOCC Input/Direction •Implementation Process 25 Questions? 26 Thank You! Road Impact Fee Variables: •Demand Component •Trip generation rate, trip length, % new trips •Cost Component •County roads, capacity •Credit Component •Non-impact fee funding for roadway capacity expansion 27 Technical Analysis Transportation Demand per Unit of Development: •Trip Generation Rate = Number per day •Trip Length = Travel A to B •Trip Length Adjustment Factor = Accounts for travel on County Roads ONLY •% New Trips = Accounts for trips already on the roadway •Interstate/Toll Adjustment Factor = Accounts for interstate & toll trips (not charged) 28 Transportation Single Family (2,000 sq ft) Residential Example: •Trip Generation Rate = 7.37 •Trip Length = 5.88 * 71% = 4.17 •% New Trips = 100% •I/T Adj. Factor = 14.4% (7.37 * 4.17 * 100% / 2) * (1 –14.4%) = 13.15 29 Transportation Cost Component •Sources: •Local county improvements •Golden Gate Blvd from Wilson Blvd to E. of 18th St N •Collier Blvd from Green Blvd to Golden Gate Blvd •Golden Gate Blvd from W. of 20th St SE to E. of Everglades Blvd •Vanderbilt Beach Rd Ext. from Collier Blvd to 19th St NE •Vanderbilt Beach Rd Ext. from US 41 to E. of Goodlette-Frank Rd •Airport Rd from Vanderbilt Beach Rd to Immokalee Rd •County and state road improvements from other communities in Florida 30 Future Estimates Transportation Cost Component •Roadway Cost = $6,005,000 •Capacity = 8,500 vehicle-miles •Cost per VMC ≈ $706 31 Single Family (2,000 sq ft): •Net VMT = 13.15 •Cost per VMC = $706.47 •Total Impact Cost = $9,293 •Revenue Credit = $703 •Including sales tax = $1,203 •Calculated Impact Fee Rate = $8,590 •Including sales tax = $8,090 32 Transportation Net Impact Fee = (Cost –Credit) x Demand Regional Roads •US 41 (Tamiami Tr) from Lee Co. Line to Miami-Dade Co. Line •Collier Blvd from Immokalee Rd to Marco Island Bridge •Oil Well Rd from Immokalee Rd to Camp Keais Rd •Camp Keais Rd from Immokalee Rd to Oil Well Rd •Immokalee Rd from US 41 (Tamiami Tr) to Camp Keais Rd •Logan/Santa Barbara Blvd from Lee Co. Line to Rattlesnake Hammock Rd •Vanderbilt Beach Rd from Collier Blvd to Desoto Blvd 33 Transportation