Item 2c- Street Impact Fee Proposal briefing — original pdf

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Austin Transportation DepartmentStreet Impact FeesDesign Commission | September 23, 20192Topics•Street Impact Fee Overview•SIF Study Assumptions Report•Next Steps•Questions3What are Street Impact Fees?•One-time fee for New Development•Calculation to determine the cost of growthfor street infrastructure4Project Purpose: Why Street Impact Fees?•Determining a method for growth to pay for growth that is:•Equitable •Predictable•Transparent•Ultimate purpose is to develop a fair and reasonable fee development should pay for auto capacity improvements5What Impact Fees Do•Impact Fees encourage a system that:•Funds transportation improvements: Continues to fund transportation improvements through the development process•Is fair among future developments: Fee is consistent and independent of when developers build (first or last)•Encourages building infrastructure: Allows flexibility to require infrastructure to be built up front•Is equitable in that all new development can contribute: All developments can contribute relative to their impact regardless of meeting a TIA threshold6How do we calculate the “cost of growth for street infrastructure?”•Project new growth for the next 10 years•Establish Service Areas within which a maximum impact fee is determined•Develop Land Use Assumptions and corresponding growth within each Service Area •Project corresponding roadway capacity needs (Roadway Capacity Plan) to accommodate that growth within each Service Area7What can Street Impact Fees pay for?Non Capacity Related Projects:•Projects not included in the Roadway Capacity Plan •Repair, operation and maintenance of existing or new facilities•Upgrades to serve existing development•Administrative costs of operating the programComponents that canbe paid forComponents that cannotbe paid for Capacity Related Projects:✓Construction cost of capital improvements in the Roadway Capacity Plan •Roadways –additional lanes, bridges, sidewalks and other “appurtenances” of roadways•Intersections –Signals, turn lanes✓Corridor Planning and Preliminary Engineering✓Survey and Engineering fees✓Land acquisition costs✓Debt Service of Street Impact Fee Plan✓Study/Update Costs8DataCollectionOct -Dec Jan -Mar Apr -JunJul -Sep Oct-Dec Jan -Mar … Jul -Sep … Jan -Mar … Jul –Sep Oct -Dec Jan –Mar →201620172018Service Areas and Land Use AssumptionsFee Calculation and Policy DevelopmentSTREET IMPACT FEECOUNCIL TOUCHPOINTSEstablish Advisory CommitteeMobility CommitteeCouncil action on PolicyStreet Impact Fee StudyCouncil comments on Service Areas, Land Use AssumptionsCouncil approval of study assumptionsPhase 1Phase 32019Phase 2Roadway Capacity Plan Development(in coordination with ASMP)Mobility CommitteeCouncil approval of ASMPWe are here9SIF Study Assumptions Report10Report Materials•Service Areas•Growth Projections•Roadway Capacity PlanCouncilapprovedonAugust22,201911Roadway Capacity PlanDeveloped with the Austin Strategic Mobility Plan▪Street segment projects▪New roads▪Expand Roadway & Substandard Street (Widening)▪Access Management▪Intersection projects▪Signals▪Turn lanes▪Special intersections▪Bond Projects▪Capacity-related12Street designs based on:•Street Network Table →ROW•Transportation Criteria Manual →Cross-sectionsLevel 3 -116’Level 3 -92’13Impact Fee Advisory Committee•Meeting Dates•December 1, 2016•February 28, 2017•April 25, 2017•July 25, 2017•Recommended approval of Land Use Assumptions for 10-year growth•Recommended approval of Service Area Boundaries•January 29, 2018•April 4, 2018•May 21, 2018•July 31, 2018•October 29, 2018•June 13, 2019•Recommended approval of Roadway Capacity Plan•Anticipate 2-4 more meetings for Phase 3www.austintexas.gov/ifac14Next Steps•Phase 3 –Fee Calculation & Policy Development•Kicked-off after Council approvalof study assumptions in August•Impact Fee Advisory Committee and stakeholder engagement•Future Council action needed: Fee setting and policy decisions 15Staying Involvedaustintexas.gov/streetimpactfee•Study Assumptions Report•Roadway Capacity Plan Interactive Map•Status Reports to Mayor and Council•FAQs•Fact sheets•Upcoming meetings •Sign-up for updates•Impact Fee Advisory Committee meetings16QuestionsLiane Miller, AICPAustin Transportationliane.miller@austintexas.gov512.974.7922austintexas.gov/streetimpactfee