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Annual AB 1600 Traffic and Facility Impact Fee � � � AGENDA ITEM � lOOI� OP �TC�E MEETING DATE: December 10, 2013 TO: Honorable Mayor and Council me ers FROM: Fod'd E. Landry, Senior Engi er J� '� ��.f SUBJECT: AnnualAB 1600'Traffic and acility Im ct Fee Public Hearing and Fee Adjuslments APPROVED BY: To shbrook, Town Manager RECOMMENDATION: Council conduct a Public Hearing Y 2012/2013 AB 1600 fee revenues and expenditures; adopt Resolution 2013-41 making findings to retain AB 1600 fees collected in ezcess of fiVe-years ago, which remain unspent; and approve the annual.AB 1600 program fee adjustments: DISCUSSION: Annual AB 1600 Tra�c Impact and'Facility Impact Fee Program Reporf This staff report constitutesthe annual repoAing requirement for the A81600 program in complying with the provisions of Governmenl Code Section 66006, which requires each public entity that collects AB 1600 fees lo provide an annual report and to hold an annual public hearing that discloses the amount of fees collected during the previous fiscal year, as well as the amount of interest earned on those fees. The statute also requires that the public entity disclose the amount of funds which have been spent on given projects over the previous fiscal year. The purpose of tonighYs agenda item is to present that information and conduct the referenced public hearing. Tra�c Imnact Fee Fund Exhibit 1 which presents "The beginning and ending balance of the.account or fund'', fulfills the requirements oCSection 66006 (b) (1) (C) and Section 66006:(b) (1) (D), "The amount of the fees collected and the interest earned." As shown in Exhibit 1, during the 2012/2013 fiscal year $465;382 in tra�c impact fees were collected and$19,867 of interest income was earned for a total reyenue amount of $485,249. During this•same fiscal year, $78,442 was expended on the SR 89S/UPPRR undercrossing (mousehole)project and$4,752 was expended on administration of the annual tra�c impact fee program reporting: TheAB1600 traffiaimpact fee beginning fund,balance at July 1, 2012 in Exhibit 1 of this report was adjusted tomatch the audited fund balance for July 1, 2012 in the Town's financial statements. The Town Council Staff Report Page 1 of 5 , AGENDA ITEM adjustment increased the beginning fund balance in Exhibit 1 by$55,311. The reason for the prior discrepancy is attributable to interest that was understated in Exhibit 1 in this report in FY06/07, FY 07/08, and FY08/09. This inconsistency was a reporting issue only, as the correct interest amount was properly allocated in the Town's audiled financial reports. Additionally, the total AB 1600 amount shown for the DPR Bike Lane Project in Exhibit 1 should be reduced by$56,781 to account for a prior year over allocation of labor charged to this CIP. Ajoumal entry has already been made and it will be displayed as a credit under FY 2013/2014 in nezt year's report. The AB 1600 (nexus) amount shown for this project in Exhibit 5 is correct ($807,553). Exhibit 2fulfills Section(b)(1)(E)"an identification of each public improvement on which fees were expended and the amount of the expenditures on each improvement, including the total percentage of the cost of the public improvement that was funded with fees°. In FY 2012/2013, 100% of the annual AB 1600 traffic impact fee program administration costs were funded with AB 1600 traffic impact fee funds and 20% of the SR 89/UPRR Undercrossing (Mousehole) project(CIP 60-03-38) was funded with AB 1600 tra�c impact fee funds: As shown in Exhibif 1,there are$4,873,271 of traffic impact fees which were collected in excess of five years ago that remain unspent. This is primerily due lo project development timing issues and because some of the larger projects such as the Pioneer Trail Extension and Mousehole projects require more funds than would be collected over a typical five year time period. Also, staN just completed Phase 1 of the Glenshire Drive Bike Lane project which expended a significant amount of AB 1600 tra�c funds in FY13/14. Additionally, Phase 2 of the Glenshire�Drive Bike Lane Project and the West River Bike Lane Project will result in additional AB1600 program expenditures over the next two fiscal years. Staff is recommending that the Council make specific findings contained in draft Resolution 2013-41 (attached as Exhibit 3)to retain these unspent funds. To document compliance with Section 66006 (b) (1) (G) and (H), there have been no inter-fund transfers or loans made from the AB 1600 traffic impact fee program funds nor have lhere been any refunds made pursuant_to subdivision (e)of Section 66001 nor allocation pursuant to subdivision(� of Section 6600]. Facilitv ImpactFee Fund On June 6, 2005, the Town implemented the A61600 facilities impact fee program. Exhibit4which presents "The beginning and ending balance of the account or fund", fulfills the requirements of � Sectiorc66006 (b) (1) (C) and Section 66006'(b) (1) (D), "The amount of the fees collected and ihe interest earned." The A61600 facility impact fee beginning fund balances at July 1, 2012 in Exhibit 4 of this report were adjusted to match the audited fund balances for July 1, 2012 in the Town's financial stalements for each facility impact fee fund. The adjustment'increased lhe total fund balance in Exhibit 4 by $73,817. The reason for the prior discrepancy is attributable to the reporting of 10% administrative labor deductions in FY 07/08 and in FY 08/09 in Exhibit 4 of this report, in addition to direct labor deductions. Only direct labor should hade been reported ashavingbeen deducted and ihe reporting is correct from FY 09/10 to FY 11/12. This inconsistency was a reporting issue only,as the correct staff costs were properly charged in the Town's audited financial reports. Exhibit4 also shows a summary of the facilities impact fee program trensaclions. During fiscal year 2012/2013, $164,694 in facilities impact fees were collected and $4,357 in interest was eamed for a total revenue amount of $169,051. During this same period $42;663 was expended in the four Town Council Staff Report Page 2 of 5 AGENDA ITEM funds lhat comprise the facilities impact fee program. Exhibit 2 shows that ot this amount, 66°h ($28,011)was expended on a Police Department Remodel, 27% ($11,484)was expended on the Storm Drainage improvements relaled to the Trout Creek Restoration project and 7°� ($3,168)was expended on the annual AB 1600 facility impact fee program administration. No AB 1600 facility impact fee program funds have been on deposit in excess of five years and therefore, no specific findings need to be made for the AB 1600 facility impact fee program. Exhibit 2 fulfills Section(b)(1) (E)"an identification of each public improvement on which fees were expended and the amount of the expenditures on each improvemenl, including the total percenlage of lhe cost of the public improvement that was funded with fees". In FY 12/13, 100%of the annual AB 1600 facility impact fee program administration costs were funded with AB 1600 facilities impact fee funds, 50.5% of Police Department Remodel project costs and 22.7% of the Trout Creek Restoration project (CIP 60-12-03) costs were funded with AB 1600 facilities impact fee funds. To document compliance with Section 66006 (b) (1) (G) and (H), ihere have been no inler-fund transfers or loans made from the AB 1600 facilities impact fee program funds nor have there been any refunds made pursuant to subdivision (e) of Section 66001 nor allocation pursuant to subdivision (f) of Section 66001. Tra�c Impact Fee Adjustments Exhibit 5 fulfills the requirements of Section 66006 (b) (1) (F) which requires the �ocal agency to identify the approximate date by which conslruction of a public improvement will commence. It also presents the AB 1600 traffic impact fee program projects, adopted February 2007, with cost estimates that have been updated based on inflationary adjustments or better cost information. The change in the Construction Cost Index(CCI)as reported by Engineering News Record (ENR)forthe period from July 1,2012 through June 30,2013(end of fiscal year)was determined to be 2.4%(see aHached index charl as Exhibit 6). Most of the project cost estimates were.updated by this inflationary adjustment with the exception of the Pioneer TraiIIDPR Roundabout project, the SR 891UPRR Undercrossing(Mousehole)Project,the Glenshire Drive Bike Lane Project, and the Donner Pass Road Bike Lane project where actual or better cost informalion was available. Also,the Downtown Rail Crossing Improvements project cost amountwas kept at the same cost as last year and staH recommends leaving this amount in the program pending a comprehensive AB 1600 traffic impact fee program update. At the Augus113,2013 Town Council meeting,following e staff presentation regarding the history and background of the AB 1600 Trafficlmpact Fee Program, staff was directed by Council to budget funds as a part of the FY 2014/2015 budget process to include a full.traffic impact fee program update. This update would review and update the current list of AB 1600 tra�c impact fee program projects, the project costs and nexus amounts. The tolal project cost that is ihe responsibility of the traffic impact fee program was calculeted to be $83,505,971 (including eastern Placer County improvements). Since the Town had a cumulative AB 1600 tra�c impact fee program fund balance of$6;270,832 as of its adoption date(April 2007), the amount of additional funds not yet collected is $77,235,139. The updated traffic impact fees are calculated by dividing the project cosls not yet collected by ihe number of DUEs ($77,235,439/13;384). Therefore, the new traffic impact fee per DUE is calculated to be $5,771. This new fee is $112/DUE (2.0%) more than the current fee of $5,659/DUE. If adopled, staff recommends that lhese fees become effective February 1, 2014. Town Council StaN Report Page 3 of 5 AGENDA ITEM The attached Exhibit 7, DUE and Fee Calculations,fulfills the requirements of Section 66006(b)(1) (B), "The amount of the fee." Facilities Impact Fee Adjustments The inflationary adjuslment period Tor the AB 1600([acilities impact)fee program was determined to be from July 1, 2012 through June 30, 2013 (end of fiscal year). The change in the Construction Cost Index (CCI) for that time period as determined by Engineering News Record (ENR) was determined to be 2.4°� as shown in Exhibit 6. Table 1 below shows the current and'proposed adjustmenis to ihe facililies impact tees. If adopted, staff recommends that these fees become effective February 1, 2014. Table 1 fulfills the requirements of Section 66006 (b) (1) (B), "The amount of lhe,fee." TABLE 1 Facili Im actfee Current Pro osed Single Family Unit $2,736 $2,802 Multi Family Unit $1,668 $l,708 Lodging Unit $176 $180 Commercial/Office SF $1.21 $1.24 Industrial SF $OJ4 $0.76 Table 2 fulfills the requirements of Section 66006 (b) (1) (F) which requires the local agencyto identify the approximate date;by which construction of a public improvement will commence. TABLE 2 Facilities Public.lmprovement EsUmated Construction Pro'ec4s Commencement Relocate Town Corporalion Yard � 2009 Increase Storm Drain Capacity Townwide >2017 Trout Creeli Restoration 2006 Relocate Animal Services 2012 PD Expansion Tenant Improvements >2017 ' Town Council Staff Report Page 4 of 5 AGENDA ITEM FISCAL IMPACT: Conducting this public hearing maintains the Town's compliance with the A81600 legislation, thereby allowing the Town io continue collecting AB1600 facilities impact and traffic impact fees. Inflalionary cost adjustments will maintain lhe Fee Program's ability to implement AB 1600 program projects. 'PUBLIC COMMUNICATIONS: None, beyond standard Town Council'agendapostings,and public hearing notifications in the Sierra�Sun. ATTACHMENTS: Exhibit 1 — Summary of AB 1600 Program Traffic'Impact Fees Exhi6it 2 — FY12/13 AB 1600 Project Expenditures Exhibit 3— Draft Resolution 2013-41 Exhibit 4— Summary of AB 1600 Program Facility Impact Fees Exhibit 5— Sources:and Funding Amounts,foc A61600 Project Completion Exhibit 6— ENR's MonthlyConstruction Gost'Index Chart Exhibit 7— Calculation of Traffic�lmpact Fee per'DUE Town CounciFSlaff Report Page 5 of 5 Exhibit 1 Summary of TraHic Impect Feea � � Year t Year 1 Year 7 Year 4 Year 5 I Prlor to T2neacllon Dascrlptlon Z�&� FY 2008109 FY 2009110 FY 301W11 FY 4017112 FY 2017H3 I Tolal I I Balance�Ju� 1 7,854,812 7,357,851 6,386,583 B,d48,382 6,889,849 I Beginning Bal ACJustment lo AutliteA Fund Balarke 55.311 I AuditeU 8 Balance al Jul 1 6,745,760 � FeeSC011ected 11,570,558 329,888 386,280 395,328 304,587 ' 465,382 17,374,370 Gra s Cmssin ContliCOnal A N Fair Shaie 507,878� InlerestEametl �2B39,318 227738 W7B5� 50,632 52,348 19,887 4�,104,539�. Subt0�21 Revenue9 E74,SOB,874' 5545,724 E484,075 421,BB2 356,935 485,249 . Less Ezpentlitures: Pro/ecr Expenmrorea: � � � AB7600/ROadASSessStud 47,51B 47,518 West RiVef Slreet 01,188 61,�� . GlenshireStld�e ,7,098,384 1�,098,394 We4tem UntlerCro9sin8 1,715,812 1;715,812 SR2B7IPali9atles Si nal 118,315 11fi,315 SR2B7 Bypas9 Ramp9 7,qpg,gpq �428 604 SR207/Glenshire Drive 48,770 � � 4B 770 AB7600 SNdy 14,700 I 14,700 SR287/UPRH Intersection 2,109 2.109. DPR Bike Ln 8 Erosion Canlrol 80.03-78 27,853 � 797,BBB 3B,aB3 869,334 1-80lSR89ROUntlabOUt 3,784,233 3,899 I 3,108,126 Pioneer T2il/Britlge St. .D.Connector� 233,058� 233,OSB PioneerTreiUDPRROUntlabout BO-08�10 13,956 238,943 1,406,000 335,212 2,389 1,989,2a2 Glen Or.WideNGuardrails qo,812 4o,et2 Martis Vly/B�ockway Int.Rountla0oul 1,438,352 1,478,352 Downtown Cirt,ulatwn Analy. 3p,pp0 30,000 2007 ABiB00 Stutl 22.868 .22,868 SR 895/UPRR Untlercro9sing(80-03-38) B,WB 3,285 114,141 78,442 200,494 T2ffic Im c�Fee AB1600 Atlmini5Ua6on B 448 7 OBB 4,B50 4 B50 3,698 4,752 33 890 7ota1 ProJactE�pendltures 9.SC0,7J7 7.008.685 1.619,NJ "340,182 115,468 .83.194 I 73,577,685 BalanceatJUne30 ' 7,351.951 6,386,SB3 8,948,383 8,889,849 7,147,215I Tolal 7otal Flscal Recel Eipended 2008/OB S 545,724 E(1,O48,B85) 2009/70 � 484.a75 (1,448,443) 2010H1 421.BB2 340,iB2 I 2011112 358,875 �775,488) 201?/13 485249 83194 Totels E.2.273,9a4 E 3.036.952 I � CurteniBalance $ 7,147,215 I less lotal recei s last 5 ears lees.Interest 2,273,944 � ReCeipL4>5 yeaB nol e iMed�June 30 $ O,B73,271 � 11/20/2013 D:\Share\Year Entl1FY 1243W BIBOOWB7600 FY72-13-corteCed Exhibit#2 ' AB1600 ProJect Expenditures FISCAL�YEAR�2012/13� AB7600 .. AB1800� Funtling aherFunding TofalFunding Percenfage ot Total Project Coste . 1 Trafllc Impect Fee Progrem Coste: SR 89NPRR Underpass 60-03-38 $ 78,442 $ 913,768 S. 392,209 20.0% AB1600 Progrem Admin Cosls 4,752 � 0 A752 100.0% Total TreHic Fea Program Coste 8 B3.194 3 313.768 S 3%.961 2 Facilily Impact Fee Program � ' Cosb: Law En(orcement-PD Remodel S 28,011 S 27,439 E 55,451 50.5% Storm Drein-60-12-03 Trout Creek� 11,484 39,189 50,674 22.7% AB1600ProgremAdminCosts ' 3,168 �J,168 -100.OYo Tofal Faclliry Impact Fee Progrem Cosfs $ 42,863 3 � 66.628 E f09 283 Facill Im ael A87800 P Faciliry Admin 7otal �y p rogram Admin Coste: � Fea Alloc. Funding Lew Enfmcemenl 13.9Yo S 940 $ 28,451 � Mimal Services. 2.9% 93 93 Slortn�rein . 39.9% 1,265 12,749 . .Generel GovemmeM 432% 1,371 1;371 �� Totals S 3.169 f 42.883 . i D:\SharelVear End1FY 12-13WB16001A81600 FY12-13-correaetl EXHIBIT 3 TOWN OF TRUCKEE California RESOLUTION'2013 - 47 A RESOLUTION OF THE TOWN COUNCIL OF THE TOWN OF TRUCKEE WHEREAS; California government code section 66001, article 4�requires specific Tindings be made in order to retain development impact fees which have been on deposit in a�municipality in excess of five years and; WHEREAS; At the conclusion oi the 2012/2013 fiscal year the AB 1600 (traffic impact) fee program accounYcontained $4,873,271 in�funds respectively which had been deposited in excess of five years prior to the end of the flscal year and; WHEREAS; The source�of the $4,873,271 deposited but unspent in the AB�1600 (traffic impact) fee program fund in excess of five years prior to the end of the 2012/2013 fiscal year was the unexpended�portion of�the $1,562,202, $1,443,066, and $2,197,707 in revenues which were deposited into the fund in the 200512006, 200612007, and 2007/2008 fiscal years. ,.,... NOW THEREFORE BE IT RESOLVED that the council'hereby make the following findings; 1. Funds which were deposited imthe Town of Truckee AB 1600 (traffic impact) fee program fund in excess of five years prior to the end of the 201212013 fiscal year are intended for expenditure on elements of current projects such as the Glenshire Drive Bike Lane project and on elements of future projects such as the Pioneer Trail exteneionlBridge Street extension project, Mousehole project, and the West River Street Bike l:ane project which are included in the capital improvement project list adopted in the February 26, 2007 Town of Truckee AB 7600 Traffic Impact Fee Study, final report. 2. A reasonable relationship between the fee and the purpose for which it is charged is shown in the traffic mitigation fee report dated May 17, 1999 approved by the Town Council through Ordinance No. 99-05. 3. The sources and amounts of funding andclpated to complete financing of any incomplete improvements, the approximate dates when funding is expected to be deposited, and the approximate dates of completion of those projects are shown on Exhibit A, incorporated by reference herein. 4. The funds which are on deposit in the AB 1600 (traffic impact) (ee program fund, which were collected in excess of 5 years prior to the end of the 2012I2013 fiscal year, or are on deposit in excess of the prescribed five year limit established by government code section 66007, article 4.for the following reasons: a. Implementation of certain projects in the current and prevlous AB 1600 (tra�c impact) fee program capital'improvement project list is dictated by schedules of other agencies which preclude expenditure of these funds within the prescribed five year time frame. b. Interest which is earned on AB°1600 (traffic impact)fee program fund balances will!be used to offset increases in construction cost inflation: c: Certain;projects within the AB 1600 (traffic impact)�fee program will require funds �iniexcess of�those which could be collected within a,five year time,irame. d. Certaimprojects within the current and previouaAB 1600 (traffic impact) fee program capital improvement;project lists require In excess of fiye years-of project development time due.to the complexity of engineering,,permitting, and; environmentaGrequirements necessary for. project implementa4ion. 5. Given+the information,in the�Findings, no funds;deposited in the AB 1600 (tra�c impact),feeiprogram funds in excess of five years prior to the end of the 2 01 212 01 3 fiscal,year shalf be due or refundable to the sources from�which.they were cotlected: The foregoing Resolutlon was introduced by , seconded by , at;a Regular Meeting of the Truckee Town Council, held on the 10th day of December, 2013 and�adopted,by the following vote: • AYES: NUES: ABSENT: , Mayor ATTEST: Judy Price, MMG, TowmClerk EXHIBIT A � Nemc Mw�ml ����� OMer FuM� � CostReSpons�Lifry Neze�Wm SUws.EStimeteE � ol PB i600 UesvryGm d EstimetaE Tolal ComGMN Souica ol ONa ��� SVe6t/MtanecUOn 5 � I vemeni Cosl �92m eCS Fwf CdleueE Con�nen�ment TrvcYee WenectlOM - DorvierPesaROeCICaICStreamROa4/IEO ���a�.� 53.157,781 53,15],281 Sp Davelopar ���� EB Remps . . Cp�bjpipp� DonnerPessRoatll480WBRemps(West Cmmunnn.meouw Developer � Intart'herpe) [yw�ymynyevemsin 53,15'l,IBI 53,157.281 .EO C����� a1a1] � DonnerPessROaG/SR895aM Caeeuci�iam0.aneeeae EA,]35,B22 54,BBB,563 547,358 MeasuraA >xm) ' WeSIRNBrStrae!/MGVerGOSSirg �csunlai�rqwNebau, 53,157,4B] , f3,030,990 5128.18I MeesuraA >¢On DonnerPefeROa0I8Mge5bael � E����° fJ.159.2B1 33.157.281 f0 ��� a3o1] CasTtllLroflwWbla � pBVBIOpBI B�itlpeSbeet/WeslRiverSOaet Ep„,����� E7.15].IB2 53,030,990 S12G,i8] ��� >t0�i I��)Roetl/IAOEBORRemplEas�em �tl��p�� S�.t57.287 f3.125.�W i31.573 �OV��� � .xa�i DomerPassftoetl/POnearTral cvoie�i..nv.d.eae f2,Y]B.Cfifi fi.�72.3]5 S10B.iat S�Q� fwg SR78]IIAOWBRemps r�aixla�nu�mew SJ.BaB,601 53.�15.ta6 5631.d56 YeasweV �2oi] SR26]/iEOEBRamps Cmmueza�mpvmee�e. b]./73.070 52,fi39.481 SB13b27 MeesiaeV �101] SR 8B]I BmckwaY RaaE � E������ E�.7%.9i2 SJ.97B.175 5757.]d7 Measura V >101] OommPeisROetl/GlensfheQive �IXEtl�� {C.]]5.823 E4.735.822 i0 �vabper a�011 . CmtnbuGOn GlensMraROatl/Dwc�esterROaO (WeStJ Y��eedlonl�rovammb §�13,5ff1 E227,324 .E2C6,288 ��b� .201] Contribuuon GlxukreROaE/dympicBOUkvertl mweunmqrewnew E<]3,592 5269,B4B E303,844 MeesureA Ea1� � SRB9NOM/RainGawROatl tre�vobne�pmnman S<7],SBY 3�03,099 it]O,C9] S�ateGrent �10H $RB9NOM/AltlxCreekROatl �mme�panmvn S7B9,�20 5134.181 5855,138 SlateGrent a1011 BmticneYROeEIRernMSWay �m�e�ame�wmup ,Sq]].5g2 ' SY9` .9]0 7113.hbZ MeawreV �301] Trvckae RwNnn � $R B9l UPRR U P1°'^'�°�'0°°'�°'u°°1O� � Federel B Stete _ Meianssn9(MaaselWe) ��.� f12.&11fi01 �SI.6G2.368 E10.991237 �G�a�l XI15 � ' 3irnell�ohmnPYea PbrreerTretl6&i0qe5treelEidamorrs x���� S]3,B1B,B1] E23,6]8,612 SO MeewreV �ZU�i llmm Slb Rnya TM RnAt I^WOVemvbb 91�e Dv.mtawnReilCrossvglmqovemenm Str6°��10°�'a°E°�°". 5g,ppp.ppp ES.BB�.000 S1Y0.000 MaewreV >30�1 ua.em e�m nr r.a ' . vdEWRNe4. SRPB] ��y�OP� wamm��arce S3.B4B.807 S2,]82.821 E1.1BJ.B81 StereGrent .�o�] Counry Line . . 'Da`rer Psv Road to G�enaMraOrive �mme��� ama�wan. SBq70,000 $2,251,560 E4,21B,N0 MaesureA 401] We51RHe�50'eel A1 neesnw�em 53,15],282 {P8,891 52,380,591 NeesureA 11115 Owrrer Pem RoeO Abng pmne��¢ke aea a.++a.• fa,879.33] EBU/.553 E3.885,IB4 Me�G�� Zo00 Exhibit�# 4 Summary of-Facllity Impact Fees , Year 1 Vear 2 Vear.3 Yaer 4 Year 5 . Prlor to FY Actual FV Actual FY AcWal FY Actual FY AcWal q1' Y008109 Y008/09 4009I10 2010/77 2011/72 2077/73 Total Law Enforcement IFund 661 BalaneeJuyl $' 158,322 $ 123,044 $ 142,249 $ 171,514 $ 180,BBB Beginning Bal Atljustmenl to/Wdited Funtl 8alance 11,592 11,592 Audited Beg Balance at July 1 192,480 FeesCallecled 155,826 14,668 17,283 28,025 8,045 22,003 245,851 Fees Transf frm RDA Capilal � 874. � B7< TotelFees 155,826 15,542 17,283 28,025 8,045 22,003 246,726 Interest .8,860 4,474 2,529 1�,848 1,555 1',458 20,522 Tolnl Revanue(faes 81�rtarael) 164,487 20,016 19,812 29,872 9,599 23,458 267,248 Fspenditures: . . � Purchases end Albcated StaH Costs . 6;185 55,294 608 608 226 28,451 B7 352 . TotelEapeMlWree .6,765 55,294 608. 608 226 28451 87352 BalanceLawE�orcemeM-June�O $ 123,044 S 142,249 S 171,514 $ 780,888 $ 7B7,48B S 187,488 , Anlmal Senlcea IFUnd 671 Balance July 7 5 29,409 $ 30.683 S 33,875 S 37.224 5 41�,714 BeBinning Bel Adjustment to Audited Fund Belance � 2,347 2,3A7 Audiled Beg Belance al July 1 . qq ps� FeesCollected 28,075 1,249 2,629 2,997 4,265 4,642 44,857 Fees Transl trtn RDA Caplel 152 � �gp Tofel Feea � 28,075 1,407 2,629 2,997 4,265 4,842 45,009 IMereal 1,604 957 628 417 345 321�� 4,271 Tatnl Revanua�tees 8 Interesq 30,679 2,358 3,257 3,414 4,610 4,962 49,280 ExpenEitures: � PurohesesandAllocetedStaflCosts _ 1;270 .1,OB4 65 85 120 93 2897 Total Expenditurea 1,270 1,OB4 65 - fi5 120 93 2,897. Balance Anlmal Serv1[es-June 30 $ 30,683 E 33,875. $. 37;224. $. 41,774 S 48,931 $ 4B,931 SJorm Drelnaae IFUnd fi81 BalanceJulyl S 95,134 $ 120,185 E� 763,7BB S 207,857 S 262,413 Beginning Bel Atljustment to AudRed Fund Balance .2D,205 20,205 AudRed Beg Balanca et July 1 282,618 FeesCollected 397,727 27,709 41,763 � 47,823 55,123 65,326 835,572 � Fees Trsnsl hm R�A Cepital 1,606 1 608 Total Pees .397,727 29,315 41,763 47 B23 55 123 '85 328 637 078 Interest 8,482 3,979 2,879 2,284 2,096 2;168 22,BB4 TotalRevenue�lees8lnterea�) 407�,209 33,288 44,642 50;1D7 57,219 87,495 659961� Expenditures: PurUasesandAlbcatedStaHCosls 712,076 8,237 1,039 6,039 2,663 12,749 342,803 TotalE:pendNuree 312,078 8,237 1,039 6039' 2683 12748 342803 Balance5tarmDralneoe-JUna30 .$ 120,185 �$ 183;7BB $ 207,857 5�262,413 $ 337,384 S 337,364 Gerreral Government(Fund 691 Belance July 1 S 671,528 S 708,540 S 765,547 S g25,451 S (11,843) Beginninq Bal Adjustment to AuOited Fund Balance . 38,873 39,673 Autlded Beg Balance et JuN� 27,890 � Fees Collected 645,997 24,702 44.119 51.829 64,068 72;723 903.438 Fees Transf Gm ROA CaD��al - 9,048 g�pqg TotalFeea 645,997 33,750 � 44,179 51,829 6q,O6B 72,723. 812,485 � Interest 47.041 21.509 14.016 9.202 440. 412 92.819 TofelRevenue�feee3lMereeq 693,038 55,259 58,135 � 61,037 64,SOB. .73,134 1,005,105 . Eapendituresi . PurchasesantlPJlocaledStaHCosls 21,510 18,247 1,128 1,127 901,8�2 1,371 945,185 � TotalExpendHures � 21;510 18,247 1,128 1,127 901,g02 1,371 .845,185 BalanceGenerelGovernment-JUne30 S 708,540 $ 765,547. S 825,451 $ (11;843) $ 89,583 S 88,593 D:\Shere\YearEnd1FY12-13WB16001AB1800FY12-13-coirectedlFecilitylmpadExhibit#4 � 11/20/2013 I Exhibit# 4 Summary of;Facility�lmpact Fees � Year 1 Year 7 Year 3 Year 4 Yeer 5 Prior to FY Actual FY A[tual FY Actuel FV Actual FY Actual FV � 2008109 2008/09 2009H0� 2070N1 2011I72 2072/73 ToUI All Funds FaciliN Fees and Interest fAbovel� Fecility Fees . $ 1,228,826 $ 80,008 $ 105,794 $ 130,674 $ 131,501 $ 164,694 $1,841,298, Interesl 66,788 30,973 20,051 13,752 4,436. 4,357 1q0,297�. Total Faclliry Fees andlnlerest $1;295,413 S 110,921. $ 125,846 $ 144,425 �$ 135,937 $ 169,051 $1,981.594� � All Funds FaciI1N E�cenditureslAbovel Purchases and Allocetetl SWff Cosis $. 341,021 $ 82,862 . $ . 2,840 $ 7,839 $ 804,811 $� 42,669 $7,382,036 Total Ea ndilures $ 341,021 . $ 82,862 $ -2,840 $ 7,839 $ 904,B71 E �42,663�'$1-,382,036 AIIFundaEndingBelanca-7une30 S 982,453. 51,105,459 $ 1,242,045 �5473,172 $ 673,376 S 873,376 Total iofel. � Fiscal Receipts E:pended Current Balance 673,376 2007/08 400,BSB 41,021 LesstoWlreceiptslast 5 years(fees+InlerestJ (686,179) 2008/09 110,921 82,862 Receipts>5 years not expended Q June 30 �$ . - .2009H0 125,846 2,840 � 2010H1 144,425 7,839 ' 2011/12 135,937 904.811 2012/13 $ 168,051 $ 42,663 ToGls $ 686,179 $1,041;015 D:1SharelYear End1FY 72-131AB16001AB7600 FY72-13-wrtectedlFacility Impac�Fxhibd#4 11@0/2073 EXH181T i15: TIF Pro/ects, Cost Estimates and Funding Sources General PWn Bmitl-oul RoaEway ImprovemeM Nee05 Nexus nmount Fee Calc�Amount� � — Percent of Other Other Funtls %oi Tolal - PoAion of � Total T2iRC %of BuiW-0�( Fund"m That is Developmenl Acquired;Used 9 Pfoject Co9t � ' Growth Exceetlence 7� Funds Depusited to Reduce AB EslimateA Pioject Responsibiliry of � Generated by Generatetl Oy Responsibiliry of qB 1600 or to be Deposiled 1800 Program Expentlflures StaWS�EsGmated � Capadty Town of FuNre �P�al�C�t Future Grawln m P �m in to the AB 1600 Responsible Charged to AB Document,Source of ConsWCtion , � � SVeet/Intersection S ment Descn tlon ol lm ovement To�al Cost 1 Measure Trudcee Develo ment AB 7600 Elgible Truucee � Funtl Costs 1600 Pr ram R� uirement Commencement Truckealn[eisecUOns � � � DonnerPa55ROatlIColOStreamROatl/1�80EB ��Z��R�� 53,157,281 PMPk-Hr 100% 100% 100% f00% �43,157�,281 50 EO E3,157,281 T���,� >��� Ramps DonnerPassRoatl/l-BOWBRamps(West �sp�pRomqabou�or E3,157,287 PMPk-Hr 100% 100% 100� . 100% 53,157,281 50 SO E3,157,281 T���a�� >20t7 ' Interchange) EqWvalentlmqovertwn�s - TretfitSiutly DonnerPassROad/SRB9SOUlh Gonawa2-teneRwMaboui E4,735,822 PMPk-Hr B9% 100% 100% �99% �$4,BBB,SB3 .$0 EO S4,6B8,583 TnrkeeGenaalPlan �2077 Trsffic StuAy WeslRiverSVeeUMdverCmssing CansmxtllareRamtlabwn �$3,157,282 PMPk-Hr 86% 100% 100% 96% 53,030,980 �$0' 80 � E3,030,990 T��Cie�ef�P� >20❑ . . . Trafit SNEy DonirerPassRoad/BridgeSVeel �O"'��'��RO1"�bo11of $3,157,281 - PMPk�Hr 100°h 700% 100% 100°b 83,157,281 �E43,560 EO E3,113,721 T��KC'��P� >2oi7 E9�'elentlm{eoveman6 �V BridgeSheetlWesiRiverSVeet �019�"'tl�"1B"BR01°b800i1of E3,157,282 PMPk-Hr 96% 100% 100% 98% 53,030,990 E3,490 S0. E9,027,500 T�����P� >mt7 - EqWvelemlmprovemems . . TraI�cSNEy Donner Pass Roatl I I-80 EB Of1 Ramp(Eastem � iruckee Genaal Plan Inlerc0ange) �°"�+°�'�"eRawaean $3,157,282 PMPk-Hr 9B% 100% 100% 99% 53,125,709 $84,530 SO E7,OB7,179 Tref�icSNdy �p�� DonnenPassRoad/Pionee�Treil(2) Conswni-�.ereRantlabwn 52,278,468 �PMPk-Hr 99� 100% 100% 99% E2,172,325.32 E84;198 E9B,885 E7,989,242 7ruckeeGme�Plan � . . , iral�c SIUCy SR287/4BOWBRamps Cmsma2lsreaaamean �E3,94B,602 PMPk-Hr 84% 100% 100% 84% E3,315,146 E735,B60 �EO E3,17B,28B T��S��� >20�7 �Y SR 287/4B0 EB Ramps Cmsma 21aro anmaaean $3,475,070 PM Pk-Hr 76% 1009e 100% � 76% E2,639,487 5129,070' $0 E2,510,417 T���� >2017 SR287/BrotkwayRoatl �O"'h1dR°�d°Of g4,735,922 PMPk-Hr 84% 100% 100%' 81Ye 53,B78;175 5768,380 � EO S3,BOB,795 T`���'��� >2017 � Equivaiant Improvamams Tralfic SNdy ' Truckee RairyaN Trzffic Donner Pass Roatl/Glenshire Dnve E.�ene oPR kom enage sveei g4,735,e22 PM Pk-Hr 100% 100% 100% 100% E4;735,822 532,610 30 34,703,312 Impad,Circulation 8 >20i7 lo Glensliire D�.Eesl M DPR ' � �Paiking SIuGy PM Pk-Hr LSC Memo m Tawn, � GlenShireDc/DOrtl�eslerRoad (West) Imersemonlmprwemer�6 g473,592' Adva�xing 99% 48% 700% 48°!e $227,324 $9,000 ED $218,324 &�� >2077 Vdume PM Pk-Hr LSC hlemo lo Tmm, GlenshireDr./Oh/mpcBOUlevartl imasacnmi�rwemenm yC7J,592 Adrdndng 99% 58% 100% 57% E269,948 SO EO 5289.948 &�� TUt< Vdume �PM Pk-Hr LSC Mamo ro 7vxn, � Sfl 8B Norlh/Rainbow Roatl IMersecoon Improvemenis E473,582 Ativancing 73% 87% 100% BC% E303,099 SO SO 5303,098 8��� >I1117 Volume , PM Pk-Hr �LSC Memo l0 7own, SRB9NoM/AlderCreekRoad �mersecvai�mpovemenV $789,320 Advandng SS°k 31°h 100% 17% $134,184 $0 $0 $134,iB4 ��� >2017 Volume PM Pk-Hr LSC Memo lu Toum, BrocicxayRoad/Reyno105Way imersemmimpove�rerm $473,592. Advandng 86Y 79% 100% 76% �E359,930 b0 SO E359,930 ��� >�17 . bdume Truckee Roatlways . TNClcee Pub6c ProviEe 2 eEEiGOnal travel lanes. SflB9lUPRRUntlertrossing(Nlousehole) pikelanea,siaew-alks 512,633,801 DailyTfalfic 37% � 34°h 100% 13°k E1,842,388 EO SO 81,842,388 �mprovemenl8 2015 Enoi�erina StaMaNS, ' 2 Trevel Lenes hom Pioneer PM Pk-Hr on , Commerca Cemer m Danrler PaSS Tn¢kee General Plan PioneerTrai188ntlgeSVeetEztensions Nammvooesen,a.aMtrom §23,W9,B72 RoaO',SRBB ��0% 100% 100% 100% 823,878,612 $15,430 SO $23,664,182 7rafficSmEy 'Z��� J�Ebaorn SL lo Pio�xer Tiad r���Q - pmviee improvements ro&itlge PM Pk-Hr on Saee�CrossigaEaslem ' BB0,000 EO 53,000,000 ��TnrkeeTa(fii �p�� � Dwmtown Rail Crou�ng ImprovemeMS(3) - $B4OOO,WO Bridge Sfreet 9B% 100% 100% 9B°k $5,880,000 S2, Im UMeryess neMeen Ral YaN p2C Fre Sludy mie Eas�aivm st. Crossing UPRR . SR287 . BrockwaytoPlacer wdenmatares 53,848,602 DailyT2ific 70% 100% 100% 70h 52;782,621 SO EO E2,7B2,821 T����S��P�� >2017 Counry Line � - Donner Pass RoaE to T��� GlenshireDrive SOmmer5elDr. AaaShoulaers Eg,470,000 -0aityTfaRC 100% � 58% 60% '35% 82,251,560 ' 80 , EO ' $2,25T�,SBO !Impmvement8 P073 'Enqineerinq 51aMartlS, Tnickee P�&lic WeSlRivefSVeeb All naaSnouiaess E3,157,282 ,DailyTraffic B7°h 45% BO% 25% $776,691 $0 SO E778,691 Improvement8 2015 . E�wNeerino Sta�MaNS. Tn�dcee PubGC � DonnerPassROatl AbngDOnnerlake nm5na,u� ta,B73,337 DaityT2lfic 9b% 30% 80% 17% SB07,557 . EO EO 5807,553 Imprwemem8 �2ooa � � . ' � Enavewtcq SlaMards, -SUBTOTAL Truckee S 108,097,657 S79,YBd,044 i3,566,128' i98,885 575,679,030 - - � � � Eaetem Placer Imp�ovements Sae Tmie 3 57,886,941 Total:TruCkee+Eastem Placer Pfo�ecte . . 583,506,8N . Funda In Account ae ot AB 1600 TraHic Impact Fea Program Adoptlon Oate,Apol 2007 S6,Y70,833 AEaltlanal Funtls Not Yet CollttteA f77,276,1�9 Note 1:EaemateE for Wqecb noI Yel cw^7�%�e_ � � " . Nate 2,Om�Fwm aeposReE ircinaa S15,000 Iw Rbic M rtsfaeaYm Nota 3:Pmjetl ro Oe aalyze0lm m�parc.non wN Vn Phase 2 EeveloprtieM W Ne RaJYarO Masta Pla�a x5h tlm EIR Pe��^lar tlre PC3 Oevebprtie�L PatmEal tliangec n mal a efvnna�on uf tlis pcjeG u mdnpeN on Vre 25�E[s W lulue bal�c StWy. � Construction Cost Index History � ENR: Engineering News Record � McGraw-Hill Constr... Page 1 of 3 ihis ane asea caokies.ey wnlirwin E X H I B I T #6 e la m«e de�eds. h�� O ,'� �� � 7 � • ' a.lq �• s'� \ [_�]�ub�cnW canpclm •ennu� �InauatrypDa �.Qi rv�nb FAO WalcemaYICNGHL � YourPCCeun1 � Ipyoul.0 •pl 0��.��� ���CO� BUB9GpIBE TODAY B muire imme0iate we0 occeee � E^8����9News-Recad 9eerchoureiio: — — � WFqASiIi11CNNE BLOGS BI2NOl.1T VOLILY EOUIPMENf PEOPLE MULTIMEOIA OPINION IEtN EDOCAl10N ECONOWCB TOCLI4T9 qEGIONS LIIPRlMlfA515 W�f111LL�GCM09 XlSfpitlCµINNCEi pVMiENLYCD9iXEPo11I5 LRO shere�. Sne�na�8na�aBharNOrg�ora• Sh�nl Sh�9ell Qcwnmem ---nawnrs .q"""_ Construction Cost Index History -nsor v�ewmiH�non�,u�ak.,. �✓`_ �.72�' ` Nwember 2013 � Z � �32�f " '��`o ieq sae: A/� . NOW EHR B111105 THE INOE%:2W hours ol rummon IaEw at��e 30a�y averaga ol wmmm labar raies,plus 25�+�t � �,�� d surbara cuupural steel shapes al Ihe mill price pia l0 1996 erM Ihe IebrrateU 20-cny pri�e Irpn�9g5,ppR�.�jB lons ol ponlantl camml el Ihe 20u1y price,plus 1,OBB boartl 11012 v 9lumber al Ne 20<ily prico, � ENR'S CONSTRUCTION COST INOE%HIS70RY(1908-P013) 'IEAN JAN FEB MAR pPp NAY I JUN � JUL � AUG SEP OCT NOV OEC AVG. 201] 9437 94S1 9.t$5 9egq g516 95<2 9552 95a5 9552 9689 9G6G � � 3013 9178 9198 9268 9PJ 9Z9(1 9291 9329 9351 9391_ 9316 9398 9a12 9708 3011 B93B 8998 9U11 9017 9035 905J 9080 9088 9116 91a7 9A7 9t�2 9070 - �� ]010 86fi0 957p gfi)1 85)) 8761 8805 ggna BB3] 8836 8921 8951 8952 8]99 ' ' ' _ � 3009 85�9 BSJ3 85,94 8528 B57< B57B 8568 0564 &586 BSgg 8592 B6a1 BS]0 p08 8090 BWA 8109 8112 Bldl BIBS 829] 8382 855] 8627 8602 8551 8]10 2001 ]BBO 7BB0 7056 ]B65 �9a2 7919 7959 B00] BO50 9pe5 8097 8099 79fifi 1008 ]6fi0 �5g9 ]692 7695 )691 ]]00 7721 7122 ]]G7 7BBJ ]911 ]ggg l]5� Hq5 7297 ]299 73W 7355 ]39B 1415 ]422 ]4�9 ]Sa0 ]56] 1630 16q 7046 ' ]WC 6875 6867 695] ]017— 7065 71W ]126 71BB ]298 ]31a 7312 ]J09 ]115 I 200] 65g1 66a0 6627 6675 fi6az 559e 5595 �6733 6141 6]�1 6]9a 6]82 669a 2002 6162 6462 6502 6aB0 6517 6532 6605 6592 G589 55)B 6578 65fi3 6538 2001 6ie1 82]2 6i]9 fi28B 6288 6318 6C04 BJ89 839� 5791 8n10 6790 67a3 Z000 8130 6160 6202 6201 6733 6238 6115 6233 6i2a 6259 6268 6283 6221 1999 5ppp 5997 5986 5ppg �ppfi 5p39 6W6 6091 fi178 6134 612] 6171 6059 1998 5852 SB7C 5875 588] SBBI 5895 5921 5979 5963 59Bfi 5995 5991 5920 1991 5765 5769 5759 5799 SB77 'Efi� SBG9 595d $g51 SB4B ' � 585g 5g2g �—"_ ENR �•.°°�•�. 18% 5527 I5537 5537 5550 5572 5597 %t] 5651 5f>g� 5719 5Ia0 5]4e 5620 �°^'e•a . Tn�a.�eh'econnm _ 1B95 50dJ ISaa Sa35 SaJ2 Sa33 5432 54Ba 5506 5491 5511 5519 557a S411 � 1 1. �� • prtM1��� tB9n 5336 SJ�t 5391 5405 Sa05 5408 5409 Sq7A 5437 5a3] 5a39 5aJ9 S40B • SuE�cnOaloENR 199J 50]1 50]0 5106 5187 5762 52fi0 5252 52b 5255 5264 5218 5310 5210 I " • obare�ahl��u�n I M • Manaoe9ubx�lo4en 1997 <Bgg 4g8q 49Z� 494fi 4965 4913 d931 SD32 5002 5052 SOSB 5459 C965 � ' • NewfMtlrr 1991 q77] 4]13 47�2 416fi 4801 4BIB OB54 d891 C891 de92 aB% 9�9 a835 SuesMmion� 1980 a6B0 q5g5 e59f 4fi97 4]07 a]32 a73a 4752 4i]a 9�71 4787 977� 4732 SOORCEFORTMEO�iPMEliE � Moet Vlewed on ENR.cam ANNUALAVERAGE � HewFOrqedCnwbBOnoeUxovaeq�hvnMUm.np YEAR AVG YEAR pVG YEAR AVG YEAR AVQ Losse� • New YorF S�a's$ea�rof 51 BB OOT lnm�la Tappan 1989 a815 1BBB 4519 1987 44p8 1B88 a295 ZeeBrdpaRepacemem�smzmEenvtly) 1985 4195 19&1 C146 1981 ap55 1882 3gZ5 ' Owners Slvll Mae Finerual Risk m Recovery Remaiu Sluppian 19B7 3535 1980 ]231 18]9 3003 1878 2]]6 Moet Commented On enccom iB17 � P578 7978 �a01 1816 2212 187� 2020 • Rnymeee�ICPMScnea�leo0ontftery�TOOMum� i-- on SoTvare http://enr.construction.com/economics/historical_indices/construction_cost_index_history... I I/OS/2013 � ' EXHIBIT 7: Calculation.of Traffic Impact.Fee perDUE PM Peak-Hour Vehicle-Miles of Travel Future VMT 50,915 , Existing.VMT - 26.653 ! Future Growlh in VMT 24,263 Average SFDU Trip Length (Miles) 4.3 ITE SFDU PM�Pk-Hr Trip Generation Rate �.p� Truckee Model Trip Generation Rate Adjustment Factor 0.43 Truckee VMT per SFDU �.g� Growlh in DUE . 13;384 i Total Funding Responsibility of Fulure Truckee Growlh $ 77,235,139' Fee�per DUE g 5 »�, � � �