Loading...
HomeMy WebLinkAbout2023-08-22 Impact Fee Advisory Committee Minutes� 3 1 IMPACT FEE ADVISORY COMMITTEE ! a s 23 REGULAR MEETING MINUTES Tuesday, August 22, 2023 @ 10:00 am Caldwell Police Department, Community Room, 110 S. 5" Avenue, Caldwell, Idaho Finance Director, Raelynn North opened the meeting at 10:04 a.m. ROLL CALL Present: Rob Pilote, Mike Dittenber, Jason Jeffries Absent: None Staff: Robb MacDonald, Raelynn North CONFLICT OF INTEREST DECLARATION (if any). None SPECIAL PRESENTATIONS. None CONSENT CALENDAR: (ALL CONSENT CALENDAR ITEMS ARE ACTION ITEMS) REVIEW OF PROCEEDINGS (OPENING STATEMENT) NEW BUSINESS: (IMPACT FEE ADMINISTRATION) Raelynn North (Finance Director) 411 Blaine St., began discussion on when to meet to discuss fee increases. It was determined, the meeting would take place once a year, with email updates. (MASTER PLANS) a. Parks In Progress b. Police - Will occur in FY2024 c. Fire - Will occur in FY2024 d. Transportation Will be forthcoming next year Ms. North noted that each department would prepare a Master Plan first, then they would work on a Capital Improvement Plan. After those two are completed, they would determine what would be eligible for impact fees and what would not. The Master Plans would approximately take a year, and the Capital Improvement Plans would return in FY2025. The Transportation Plan would go before the Committee for recommendation, before it goes to City Council. (UPDATING THE CAPITAL IMPROVEMENT PLAN) Page. t Impact Fee Advisory Committee Minutes 08;`22.'2023 The Committee would like to vet the Transportation Capital Improvement Plan before it goes to City Council. Discussion followed concerning capital improvement fee, the fee calculation and what qualifies and what does not qualify. Ms. North stated she would submit the updated fee calculation report to the Advisory Committee by the first of October. (FY-2024 FEES) Discussion followed concerning annual reports, and how impact fees need to be spent within eight years of collection requirement, how the City spent the funds and why a cash balance accumulates. Discussion followed concerning growth and what was included in growth. Discussion followed on benchmarks and level of service. (PROJECT REPORT) Use of funds There was a discussion of fees, the increase of fees and fee waivers. See Exhibit A attached for reference. ADJOURNMENT Meeting adjourned at 10:55 am. Respectfully submitted by Ellen Miller, Meeting and Records Clerk. MINUTES APPROVED AND SIGNED BY RAELYNN NORTH: on the date noted below. Raelynn North, Finance Director s -1 z 8 J z Date cNO�%A I I A L A Page 2 Impact Fee Advisory Committee Minutes 0812212023 { 4 Park Impact Fees Current Cash $ 6,332,214.75 Total Fees Unrealized Received Misc. Revenue Interest Gain/Loss Total Revenue FY2020 934,065.00 1,023,901.00 37,280.90 1,066.01 1,996,312.91 FY2021 19417,690.00 100,000.00 8,066,96 1,221.70 1,526,978.66 FY2022 1,444,625.00 22,764.35 (17,732.11) 1,449,657.24 FY2023 1,760,112.55 98,793.76 1,858,906.31 Expenses FY2020 Capital Improvement Plan 966.66 Demo 3905 S Indiana 33,800.15 Land Purchase 3905 S Indiana 850,000.00 Closing 3905 S Indiana 3,741.16 Wolfe Field Lights 425,099.00 Simplot Stadium Lights 290,579,00 Lighting Install Wolfe Field 188,144.00 Lighting install Simplot Stadium 240,873.00 misc. cost for lighting install 997.35 Wolfe field/ Griffith park stadium lights 7,717.67 2,041,917.99 Expenses FY2021 Elevate Academy Irrigation/ Landscape Plan 108,100.00 Geothermal Well Demo 9,877.84 Brothers Park Landscaping 236,284.32 Brothers Park Parking Lot 15,998.34 City Pool Design 63,035.11 433,295.61 Expenses FY2022 0 Cleveland, Micro Park 15,144.00 Abatement of Existing Geo Well 58,052.50 Brothers Park Landscaping 212,069.65 Brothers Parking Lot 679,180.33 HydroSee Elevate Academy Activity Field 32,432.00 City Pool Design 482,264,98 1,479,143.46 Expenses FY2023 Geowel360.00 City Pooll design 8,208.00 EXHISITA 8,568.00 Police Impact Fees $527,101,.43 Total Fees Unrealized Received Misc. Revenue Interest Gain/Loss Total Revenue FY2020 121,609.69 1,255.80 11.70 122,877.19 FY2021 163,266.89 227.05 0.62 163,494.56 FY2022 163,892.80 584.29 (455.88) 164,021.21 FY2023 175,960.07 2,526.62 178,486.69 Expenses FY2020 Capital Improvement Plan 966.67 Police Vehicle/ Equipment 114,132.00 Internal Loan/Interest 46,000.00 161,098.67 Expenses FY2021 Internal Loan 44,800.00 44,800.00 Expenses FY2022 Internal Loan 43,600.00 43,600.00 Expenses FY2023 Fire Impact Fees $987,399.42 Total Fees Unrealized Received Misc. Revenue Interest Gain/Loss Total Revenue FY2020 616,068.32 24,718.05 3,058.18 643,844.55 FY2021 1,036,551.47 3,455.75 (3,588.16) 1,036,419.06 FY2022 1,071,976.64 6,164.22 (4,806.79) 1,073,334.07 FY2023 1,217,821.70 57,791.53 1,275,613.23 Expenses FY2020 Capital Improvement Plan 966.67 Station 3 Equipment 104,061.44 Station 3 3,330,426.65 3,435,454.76 Expenses FY2021 Station 3 Equipment 154,095.39 Station 3 920,326.24 Internal Loan Payoff 105,000.00 1,179,421.63 Expenses FY2022 Internal Loan Payoff 94,500.00 94, 500.00 Expenses FY2023 Internal Loan Payoff 84,000.00 84,000.00