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Orange County Transportation Impact Fees August 5, 2014

Orange County Transportation Impact Fees August 5, 2014. Background. Impact Fees Fire/Rescue Services Law Enforcement Roads Parks and Recreation Schools. Background (cont.). Payment due at building permit For Capital Expenditures only

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Orange County Transportation Impact Fees August 5, 2014

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  1. Orange County Transportation Impact Fees August 5, 2014

  2. Background Impact Fees • Fire/Rescue Services • Law Enforcement • Roads • Parks and Recreation • Schools

  3. Background (cont.) • Payment due at building permit • For Capital Expenditures only • School and Parks/Recreation Impact Fees are charged to residential uses only

  4. Background (cont.) Economic Stimulus • Canceled Indexing of Impact Fees – 2009 • Waived Impact Fees for change of use – 2009 • 25% Reduction in Impact Fees until studies are updated - 2011

  5. Background (cont.) Impact Fee- Single Family Residence: * ~50% reduction

  6. Transportation Impact Fee Update • February 12, 2013 BCC Approved New Impact Fee Schedule and Ordinance • Applied 42%, Rate of Calculated Fee Thru August 15, 2014* • Applied 56%, Rate of Calculated Fee Thereafter • Effective Date May 20, 2013

  7. Transportation Impact Fee Update Adjusted Residential Fees

  8. Transportation Impact Fee Update Adjusted Office Fees

  9. Transportation Impact Fee Update Adjusted Retail Fees

  10. Transportation Impact Fee Update Revenue History by Zone

  11. Transportation Impact Fee Update • Transportation Impact Fees Account for 47.5% of the CIP (2014/2019) • Gas Tax Revenues = 19.8% • Other Revenues = 32.7 % (Legacy, I- Drive CRA, Prop Share, Grants)

  12. Transportation Impact Fee Update • Modifications to the Adopted Impact Fee Ordinance Requires: • Two Public Hearings • LPA/BCC • Workshops With DAB, LPA & BCC if Desired

  13. Transportation Impact Fee Update

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