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The second type of credit is a site-specific credit for system improvements that have been included in <br /> the impact fee calculations. Policies and procedures related to site-specific credits for system <br /> improvements should be addressed in the ordinance that establishes the development fees. However, <br /> the general concept is that developers may be eligible for site-specific credits only if they provide system <br /> improvements that have been included in the impact fee calculations. Project improvements normally <br /> required as part of the development approval process are not eligible for credits against impact fees. <br /> RESIDENTIAL IMPACT FEES BY NUMBER OF BEDROOMS <br /> Impact fees are often assessed as a flat fee per housing unit, regardless of size or numbers of bedrooms. <br /> While legally defensible, the "one fee fits all" structure of this type of schedule can be regressive in <br /> nature as smaller homes and apartments pay disproportionately larger share of costs, while larger <br /> homes pay disproportionately smaller shares. <br /> One of the fundamental requirements of impact fees is the concept of proportionate share. <br /> Proportionate share is the principle that impact fee amounts must correspond with the demand and <br /> cost for additional infrastructure capacity. This relationship is the critical difference which distinguishes <br /> impact fees from taxes. Smaller homes and apartments often have smaller household sizes compared <br /> to larger ones. These differences have a direct relationship on the need for additional infrastructure <br /> capacity resulting in differences in impact fee amounts. Impact fees based on number of bedrooms or <br /> size of units more accurately reflect actual proportionate demand for additional infrastructure capacity. <br /> To better reflect the proportionate demand for additional infrastructure capacity created by different <br /> types of residential land uses, TischlerBise has calculated residential impact fees by types of housing <br /> units by number of bedrooms. <br /> PROPOSED IMPACT FEES <br /> The proposed impact fee amounts are listed in Figure 2A below. In order to provide a basis for <br /> comparison, the City's current impact fees are shown in Figure 2B with the dollar change between the <br /> proposed and current fees listed in Figure 2C. <br /> 7 FINAL VERSION <br /> 13 <br />