HomeMy WebLinkAbout02/22/2023 - Capital Expansion Fees Update - Economic Advisory Commission
Economic Advisory Commission
300 LaPorte Avenue
PO Box 580
Fort Collins, CO 80522
970.221.6324
970.224.6107 - fax
fcgov.com
MEMORANDUM
DATE: February 22, 2013
TO: Mayor and Councilmembers
FROM: Economic Advisory Commission
THROUGH: Josh Birks, Economic Health Director
Darin Atteberry, City Manager
RE: Capital Expansion Fees Update
Jessica Ping-Small, Sales Tax Manager, provided an update regarding the Capital Expansion
Fees project (last update was in 1996). Information discussed included background, definitions,
methodology, fees, updated fee schedule, neighborhood and community park fees, fire capital
improvement fees, police capital improvement fees, general government fees, single family
building permit data, annual revenue impact analysis, residential and commercial/industrial
comparisons, fund balance analysis, and public outreach efforts. The current update will retain
the overall methodology of the 1996 study; however, trail infrastructure is a new element that
will be considered.
The EAC asked for clarification regarding the higher increase in fees for smaller homes. Jessica
replied that the fee change is based on occupancy rates and that occupancy rates in larger homes
have significantly declined over the past 10 years. The legal framework requires that there is a
demonstration of a needs and benefits and determines how you can structure your fees based on
occupancy rates. It was also clarified that the fees only cover a portion of the future
development expenses. After thorough discussion, the EAC made the following
recommendation to Council:
Glen Colton moved and Mike Kulisheck seconded:
The Economic Advisory Commission (EAC) supports the staff recommendation for the
updated Capital Expansion Fee Structure and recommends Council approve it on first
reading.
Motion passed 6 – 0