AGENDA REPORT
DATE: March 11, 2024
TO: City Commission
FROM: Bill McDaniel, City Manager
SUBJECT: Setting a Public Hearing for Article IV of Chapter 86, Plant City Code -
Transportation Mobility Impact Fees
EXECUTIVE SUMMARY:
An impact fee rate study was conducted in 2010 and established a rate schedule for transportation mobility impact fees. These charges have remained the same for 14 years.
On September 26, 2022, the City Commission approved an agreement with Alfred Benesch & Company (Benesch) to perform a citywide impact fee update study.
Benesch provided an extensive review of the current impact fees as required by Section 163.31801, Florida State Statutes (FSS) and found that the City's transportation mobility impact fees are well below the current cost to provide for growth.
The consultant utilized the following criteria to determine the recommended transportation mobility impact fees for Plant City:
* Consumption-based methodology that is widely used in Florida and ensures that fees are calculated at a level not to charge for any deficiencies
* Documentation of capital inventory and level of service
* Estimation of the value of the capital inventory
* Recognizing a credit for non-impact fee contributions from future development
* Calculation of the demand component to measure impact from each land use
Implementation of the recommended impact fee schedule must comply with the following Phase-In Limitation rules required by the State unless a study identifies extraordinary circumstances:
* Up to 25% increase - over two years
* Between 25-50% - over four installments
* Cannot be increased more than 50% of the current rate
After review with the consultant, extraordinary circumstances impacting Plant City's transportation mobility service include:
* Significant construction cost inflation
* Continuing population growth - over 15% or 6,000 residents in the past ten years
* Outdated rate studies
* Additional capital faciliti...
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