Item 2B Final Version — original pdf

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Street Impact Fee – Implementation Update UTC | April 5, 2022 Curtis Beaty, P.E. | Division Manager, ATD Upal Burua, P.E. | Development Officer, ATD 1 AUSTIN TRANSPORTATION DEPARTMENT Implementation Overview • Timeline • Progress in 2021 • Progress in 2022 • Recently asked questions 2 AUSTIN TRANSPORTATION DEPARTMENT Implementation Timeline SIF Ordinances Adopted Fee Collection Begins (New TCM Effective) Fee Collection grace period ends for TIAs approved before December 2020 Dec 2020 Jun 2022 Dec 2023 Jun 2021 Dec 2022 Report to Council on Review Fees Public-Facing SIF Dashboard 3 AUSTIN TRANSPORTATION DEPARTMENT Tasks – Completed in 2021 SIF introductory info workshops SIF estimator worksheet Process mapping 50% Draft SIF guidelines (for the public) 50% Draft standard operating procedure (for staff) SIF-funded project prioritization 4 AUSTIN TRANSPORTATION DEPARTMENT Tasks – 2022 AMANDA programming (testing in April) Project prioritization – Council member briefings Stakeholder outreach Complete guidelines Project development begins Fee collection – June 21, 2022 5 AUSTIN TRANSPORTATION DEPARTMENT Stakeholder Outreach • Small-Scale Developers • April 20, 2022 • May 19, 2022 • Large-Scale Developers • May 19, 2022 6 AUSTIN TRANSPORTATION DEPARTMENT Recent Questions • Do non-profitshave to pay SIF? • Can I “bank” offset credits from one project to use on another? • Do the SIF reductions (parking, transit, and internal capture) align with the new TCM? • Does all affordable housing give me a reduction in my assessed SIF? 7 https://www.austintexas.gov/department/street-impact-fee AUSTIN TRANSPORTATION DEPARTMENT Street Impact Fee Implementation Curtis Beaty, P.E. | Division Manager, ATD Upal Burua, P.E. | Development Officer, ATD 8 AUSTIN TRANSPORTATION DEPARTMENT