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HomeMy WebLinkAboutAgenda - Mail Packet - 8/16/2016 - Council Finance Committee & Ura Finance Committee Agenda - August 15, 2016Council Finance Committee & URA Finance Committee Agenda Planning Calendar 2016 RVSD 08/04 mnb Aug 15 Capital Expansion Fee Update 30 min T. Smith Energy Efficiency Financing – Off Balance Sheet 30 min J. Voss J. Phelan 2017/18 Budget Strategic Issues 60 min M. Beckstead L. Pollack URA Sep 19 Utility Rate Structures 40 min L. Smith Sales Tax on L&P Pilots 10 min T. Smith Natural Areas – Financial Review 40 min J. Stokes Building Cost Stack 30 min L. Kadrich M. Beckstead URA Oct 17 Revenue Diversification Outreach Update 30 min T. Smith Sales Tax Code Updates 30 min T. Smith Capital Expansion Fees – Recommendation & Public Engagement 20 min T. Smith Foundation Creation 20 min N. Johnson URA Nov 21 GERP Funding Assumptions 20 min J. Voss URA Future Council Finance Committee Topics: Parking Garage Financing – QII 2017 Future URA Committee Topics: Finance Administration 215 N. Mason 2nd Floor PO Box 580 Fort Collins, CO 80522 970.221.6788 970.221.6782 - fax fcgov.com AGENDA Council Finance & Audit Committee August 15, 2016 9:30 - 11:30 am CIC Room - City Hall Approval of the Minutes from the July 18, 2016 meeting 1. Capital Expansion Fee Update 30 minutes T. Smith 2. Energy Efficiency Financing - Off Balance Sheet 30 minutes J. Voss J. Phelan 3. 2017/18 Budget Strategic Issues 60 minutes M. Beckstead L. Pollack UOTHER BUSINESS • Bond Financing Update • Public Annual Financial Report (PAFR) Finance Administration 215 N. Mason 2nd Floor PO Box 580 Fort Collins, CO 80522 970.221.6788 970.221.6782 - fax fcgov.com Council Audit & Finance Committee Minutes 07/18/16 9:30 - 11:30 am CIC Room Council Attendees: Mayor Wade Troxell, Gerry Horak, Ross Cunniff (arrived at 10 am) Staff: Darin Atteberry, Jeff Mihelich, Mike Beckstead, Travis Storin, Kelly DiMartino, Jamie Heckman, Lynn Sanchez, John Duval, Andres Gavaldon, Carolyn Koontz Others: Kevin Smith, RSM, Brian Wilkerson, Revolution Advisors (HR) Kristi Hess, HR Consultant OMNI Employment Management Services, Rich Shannon and Katy Kohnen from ColoradoCare, Kevin Jones, Chamber of Commerce and Dale Adamy Meeting started at 9:43 am. UAPPROVAL OF MINUTES Mayor Troxell made a motion to approve the June 20, 2016 Council Finance Committee minutes. Gerry Horak made a second to the motion. The minutes were approved unanimously. A. U2015 Audit Review Travis Storin, Accounting Director Kevin Smith, Assurance Partner, RSM US LLP EXECUTIVE SUMMARY RSM will be presenting the Report to the City Council. This report covers the audit of the basic financial statements and compliance of the City of Fort Collins for year-end December 31, 2015. GENERAL DIRECTION SOUGHT AND SPECIFIC QUESTIONS TO BE ANSWERED Staff seeks input on areas of priority or concern, other than those established in this Report to the City Council, for matters of recordkeeping and/or the City’s internal control environment. Otherwise there are no specific questions to be answered as this is a 2015 year-end report. BACKGROUND/DISCUSSION Every year the City is required to be audited in compliance with Government Auditing Standards. RSM finalized its financial statement audit and compliance report on June 14, 2016 and the firm is required to report the results of the audit to those charged with governance. 2 There were no findings identified related to Federal Grants in the Compliance Report. Financial misstatements identified by the auditors that were deemed immaterial for adjustment and control deficiencies identified by the auditors can be found in the Report to the City Council, Exhibit A. Staff will provide a written response to the audit findings and misstatements at a future Council Finance Committee meeting. UReport to City CouncilU - Formal communication document - Purpose of the audit is to give an opinion on the financial statements. Clean opinion was issued. Note: There was one major new accounting standard change this year involving new pension standards reporting. GERP has been added to the reporting and is reflected as a $14m liability. At the end of the Report to City Council document - Controlled Deficiency letter which outlines areas for improvement; 1) Cash Reconciliations - there were some minor unreconciled items at the end of the year to be resolved. 2) Reconciliation of Federal Transit Administration (FTA) grant expenditures - must be reported in a timely manner. UCompliance ReportU - Results of Federal Compliance audit - 2 programs tested this year; 1) Federal Highway Admin Grants - no findings 2) Smart Grid Program - no findings Mike Beckstead commented; our grant program has two components. In the 15-16 budget Council funded a grants process position (to help find grants) and Nalo Johnson fills that role. In addition we have a grants compliance person who then monitors compliance before the grant application is submitted to ensure we can meet all the requirements and obligations and to complete all necessary filing and forms. Mayor Wade Troxell asked staff to pull together some information on the grant program - pre and post award to include; 1) what we are soliciting 2) number of proposals and plot that over time, how much and how many and to what agencies. Darin Atteberry added; some of the feedback we have received over the years is what got us thinking about grant compliance and how we needed to do that in a different way. We have made this an area of focus for constant improvement and we plan to keep it separate and very intentional. Nalo is working as a grant seeker. She helps find opportunities and also helps with writing the grants as needed. Mayor Wade Troxell and Darin Atteberry would like to see metrics that show that there is success there as the council conversation was very intentional about leveraging non-traditional funds (includes state and federal). Mike Beckstead added; every 3 years FTA comes in and does a deep dive review into purchasing and operations. We have had two reviews in a row with almost a perfect score. Gerry Paul had a big hand in that - I don’t have any concerns based on the last two audits. 3 Mayor Wade Troxell asked; should these 2 letters go to council for acceptance? Gerry Horak agreed that this should go to Council to be accepted. Next Step: Staff will bring forward to Council on resolution. B. Compensation Philosophy & Market Pricing Kelly DiMartino, Assistant City Manager Jamie Heckman, HR Business & Technology Manager and Consultant Brian Wilkerson, Revolution Advisors (HR Consulting Partner) EXECUTIVE SUMMARY In 2014, the City of Fort Collins utilized a competitive bid process and contracted with Revolution Advisors to complete a Compensation and Career Progression Study. This study analyzed current compensation policies and programs, including how the City defines “market,” the job analysis system, and the current performance-based pay methodology. The Study identified opportunities for improvement to build a high-performing culture, improve employee engagement, increase clarity and efficiency, and enhance employee development and career options. In partnership with Revolution Advisors and based on their expertise, the City is recommending changes to the methodology used to determine the Pay Plan. GENERAL DIRECTION SOUGHT AND SPECIFIC QUESTIONS TO BE ANSWERED The purpose is to inform Councilmembers of the recommendations prior to market pricing and implementation. Data that is driving recommendations; Colorado currently has low unemployment at 3.9% (5.3% national) Fort Collins at 3.6% Home prices in Fort Collins rising twice as high as the national average Turnover rates have increased 81% since 2013 (small portion from retirement) Ross Cunniff asked; do we track the number of job declines and the reason? Kelly DiMartino responded; we will bring more detailed information about outcomes when we come back to Council in the fall. We are working on tracking the decline data in a more structured way than we have in the past. Ross Cunniff requested that they correlate the decline rate and turnover rate and see where the intersections are and to add granularity such as job classification and title. Kelly DiMartino responded; we actually have that data through workforce metrics. Darin Atteberry added; it is very important to have the data for Council - historical turnover rates used to be in the 4% range and then to 6% to 9% and then to 11% - churn in our workforce drives costs. 4 Ross Cunniff added; it would be helpful to see turnover rate compared to comparable industry segments. Brian Wilkerson responded; we can bring in more data as requested. Where is Fort Collins getting people for particular specific positions? Common dimensions - pulling from public or private, here or nationally This was done in the Finance area as a pilot. Brian Wilkerson added that they would like to add one additional survey resource which is a broader, national benchmark. The cost to get the additional data sources; if we provide our data as part of the salary survey the cost is $4,500 or if we don’t participate the cost goes up to $10k. Mike Beckstead commented; it is difficult to move through the range quickly because we have to work within our 2-2.5% salary pool. We were a pilot for this in Finance. We standardized job descriptions around Financial Analyst I, II and Senior and Accountant I, II and Senior. When we go to out into the marketplace, we are now advertising with the job descriptions and title that the market recognizes and understands and as a result the caliber of people who come in to the interview process has increased. Jamie Heckman commented; we are in the process of continuing the job mapping - aligning job descriptions and titles to the market as we did with the pilot in the Finance organization. In the fall we will do the market pricing and analysis and that is an input to the pay plan that is brought to Council in December. Darin Atteberry commented; Council’s role is the adoption of the pay plan and adoption of the budget. The implementation has traditionally been left to city staff. We are showing you how we plan on administering it. Council has approved funding for work to improve the HR systems which is being done in phases. Ross Cunniff asked; what salary surveys do we participate in currently? Brian Wilkerson responded; Mountain States is the primary and one other survey that is focused primarily on Municipal governments. Ross Cunniff asked; I would like the same kind of report after the pay plan is rolled out and pay adjustments are made as we received last year. It is important to make sure that an accurate story is told especially as things are changing. Darin Atteberry commented; we are improving the process so it is very clear. We will not only give you the budget recommendation as it compares to total, we will also calculate average increase. You will have all of that information. Gerry Horak added; how are our peer cities doing this and can we participate with them? 5 The information needed at a policy level is; Salaries last year Salaries this year Delta /percentage difference Next Step: Additional detail data to be provided. C. Benefits - Historical Forecast Accuracy & Possible Plan Changes Kristi Hess, Senior HR Consultant & Colorado Market Director OMNI Employment Mgt. Services Travis Storin, Accounting Director EXECUTIVE SUMMARY The purpose of this discussion is to answer the question ‘what does market mean’ along with how the City defines its overall benefits strategy to support a competitive, cost-effective, total rewards strategy. The City’s philosophy is to provide a benefit plan that is market-based, financially sound and supports the City’s recruitment and retention goals. Staff and benefits consultants monitor and evaluate: 1. Plan design and premium cost share 2. Market benefit surveys 3. Overall plan costs, and 4. Healthcare costs and trends. The City selects surveys that provide comparable data as it relates to type of organization, size of organization and organization’s geographic location. Based on a review of current market data, priorities for 2017 include: managing rising benefit plan costs through a stronger partnership with its external benefit consultants, update/redesign benefit plan design, and employee education and communication campaigns. GENERAL DIRECTION SOUGHT AND SPECIFIC QUESTIONS TO BE ANSWERED What questions does CFC have about the included historical benefit costing information and the City’s plan to continue managing rising healthcare costs? Following up from previous conversation in March Look at current city benefit landscape What does market mean? Plan Design, Out of Pocket maximums, Premiums, Employer / Employee cost share data Survey Sources 1. Mountain States pushed out release to September (does survey every 2 years) 6 2. Mercer - just released their latest statistics in June 3. New relationship with HUB Int’l. - opportunity to increase reporting capabilities, custom survey that brings in more municipalities, peer cities in Colorado, state of Colorado - like to like comparison Opportunities; • Look at ‘Employee Only’ contribution level (30% below market) • Plan Benchmarking and Design comparison (deductible, out of pocket, copays) • Prescription drug costs have been very high over the last few years • Standalone ERs - claims get flagged as ER services and costs go up sometimes by 10x Ross Cunniff asked; are we providing our employee information so they know they are empowered to reject out of network services? Kristi Hess responded; education is key. We want to make sure our employees know that as a consumer they can state that they will not pay for any out of network services. Travis Storin Premium side - employee responsibility • As a self-funded plan - claims are claims - • We are subject to our own claim experience - we accept more volatility – think this the right strategy for the city for the size that we are • 2012 - 2015 we were sitting on a fund balance of $12m. We then had a deliberate draining of the balance due to the excess liquidity of the fund. Rate increases that are passed through to the employee level Employee contribution planned increases are 10.5% in 2017 and 10% in 2018 Disparity between core and advantage plan differences which have now been rolled together into a single plan Pharmaceutical industry dynamics are the #1 driver of increase in cost. New blockbuster, brand name drugs cause volatility. An example; Sovaldi - Hepatitis C drug with an approximate cost of $1k per pill. We are getting hit from both ends as we also currently have a lag in the drugs that are coming off of patent which would bring costs down. Provisions with self-funding - stop loss - protections as far as the city liability Paying the first $225k in claims then stop loss comes in and picks up after that. 2016 is looking good so far. The Price Waterhouse Coopers healthcare marketplace trend analysis predicts that we will normalize in 2017 and 2018 around a 6.5% cost increase. City Care • Implemented in January 2015 - we continue to monitor the ROI • Encourage folks to utilize City Care - behavior change and education • Shift to focus on health coaching and preventative care 7 • Utilization continues to climb Affordable Care Act • 138 employees became eligible / 120 enrolled with a cost of $1.6m • 63 bus drivers converted from hourly to classified last year and most enrolled • Starting to normalize - (12 new this year - 6 enrolled) Future Opportunities and Focus • RFP Medical Carrier Review for 2017 Plan Year (UMR is the 3P rd P party administrator) • Ongoing promotion for utilization of City Care • Looking closely at that plan design including; copays, deductibles, coinsurance and out of pocket responsibility - shift costs to employees and utilizers of the plan • Fully integrated pharmacy benefit management system - we have a pharmacy partner but not a manager to help monitor the drugs that are available on the plan Kelly DiMartino commented; we are trying to get at the reasons of why people join the city and why they leave. HUB has the ability to build a custom survey which will be very helpful. Current enrollment; • 640 Employee only • 491 Employee + family Mike Beckstead summarized; 1) How can we make sure we are accurately sharing premiums? 2) How can we look at plan design? Should a spouse be able to come on our plan if they have coverage with their employer? Should deductibles and or out of pocket be different? 3) Comparative data - really good data to have for these discussions Kristi Hess added; the other component is City Care. HUB will provide the reporting and analysis to facilitate shifting and removing costs. Next Step: Provide more detailed information – HUB information will be very helpful. D. Colorado Care Ballot Initiative Rich Shannon, Volunteer EXECUTIVE SUMMARY Representatives from ColoradoCare will be providing a brief presentation on Amendment 69, the proposal to create a single non-profit health coverage entity for Colorado. The question is on the Nov. 8, 2016 state wide ballot. It is described as a Medicare- for- all model of health coverage. 8 The presentation will describe the benefits they see for the City, both financially (up to $8.5 million in savings per year, see attached) and from a management/organizational health perspective. They will also touch on the extended benefit they believe ColoradoCare will provide in terms of a healthier and better functioning community. ColoradoCare is asking the City Council to publically endorse Amendment 69. GENERAL DIRECTION SOUGHT AND SPECIFIC QUESTIONS TO BE ANSWERED Information sharing at Council’s request. ColoradoCare is asking the City Council to publically endorse Amendment 69. Amendment 69 (ColoradoCare) is on the ballot Same logic that applies to Medicare - why can’t that work for folks under age 65? Benefits for Employers Potential city cost savings of $8.5m per year Employees pay 3.33 % of the salary - Employers pay 6.67% of salary Predictable health care costs - year to year Gets employer out of healthcare role Benefits for Employers /Employees Everyone is covered Part time and full time Creating a healthcare system (not a policy) Mental health treated on par with physical health Greater flexibility and mobility (can I work less than full time and still have benefits?) Removes 59% of costs in worker’s compensation (medical portion) We spend too much money to get average results - 27% of every health care dollar is wasted To get to the heart of what is driving costs – need to make sure that the financial incentives are all pointed in the same direction • 80% of the cost is incurred by 20% of the population - we need to get people in to see doctors earlier – curb high end costs - catch problems and diagnose early (wellness model) - high deductibles are motivating families to avoid going to the doctor Accountable - locally elected board Non-partisan election 7 districts - (defined by population) 3 members each district Transparent - prices are negotiated and published Serves members not stockholders (private /for profit their board is accountable to investors) 9 Mike Beckstead commented; we need more information regarding plan design and coverage and how that compares to current coverage offered City staff. Without that information, it’s difficult to compare programs and focusing on the dollars saved only is only a part of the discussion. Ross Cunniff commented; there seem to be winners and losers at the individual level - young families seem to be winners and higher income, older middle age population have some concerns. Rich Shannon responded; best way is to do the math is over a lifetime; 80% will pay less 20% will pay more Darin Atteberry commented; I have learned a lot in the two meetings. Council is not typically inclined to make statements for items not on municipal ballot. If I hear a council member saying put it on the agenda as a discussion item we would do that. You may want to talk with council members individually and see if there is support to do something. Ross Cunniff added; you will most likely see a position of neutrality from the council on this issue. If the Legislative Review committee could come to a consensus that would be a good starting point. Next Step; Rich to talk individually with members of the Legislative Review committee and Council members. Meeting adjourned at 11:39 am COUNCIL FINANCE COMMITTEE AGENDA ITEM SUMMARY Staff: Tiana Smith, Revenue and Project Manager Date: August 15, 2016 SUBJECT FOR DISCUSSION Capital Expansion Fee 2016 Study Update EXECUTIVE SUMMARY In the spring of 2016, staff initiated a comprehensive review of the Capital Improvement Expansion Fees that were first implemented in 1996 and then updated in 2013. The goal of the review was to ensure that the methodology implemented was still appropriate and also to update inputs to the fee structure to reflect the current level of service. To assist with the review, Finance staff contracted with Duncan Associates, a nationally recognized firm that specializes in impact fees. GENERAL DIRECTION SOUGHT AND SPECIFIC QUESTIONS TO BE ANSWERED 1) Does Council Finance Committee have any comments or questions related to the draft study? 2) Should staff use construction costs or insured values for assessing building values that impact the fire, police and general government capital expansion fees, or a blend of the two? BACKGROUND/DISCUSSION Capital Improvement Expansion fees are used to require new developments to pay a proportionate share of infrastructure costs. The method of calculating the fees that the City of Fort Collins has used since 1996 is referred to as incremental expansion. This method works in the following manner: • New development pays a fee based on current infrastructure costs – they essentially “buy in” to the current system. • The revenues from the fees are then used to build new infrastructure to serve the new development and/or the increase in population that follows the development. The City’s Capital Improvement Expansion fees were originally prepared and adopted in 1996 and then updated in 2013. Direction was given to staff to update the fees every 3-5 years. The fees included in the study are: • Neighborhood Parks • Community Parks • Fire • Police • General Government In 2013, the fees for police, fire and general government for commercial and industrial land use types were phased in over a 3-year period and updated annually for inflation according to the Denver-Boulder-Greeley Consumer Price Index and Denver Region Construction Cost Index. For residential land use types, the fees were updated in 2013 and have been updated annually for inflation according to the Denver-Boulder-Greeley Consumer Price Index and Denver Region Construction Cost Index. Staff worked with the Duncan Associates to review the methodology and update the fees. The outcome of the study retains the basic methodology of incremental expansion and updates inputs from 2013 to reflect current asset info. The fees have all been updated based on today’s current level of service and cost which factors in current capital assets for all fees. In addition to the updates to current Level of Service, the study also provides two options for calculating fire, police and general government fees; one option which uses insured values to determine building values and a second option which uses construction costs to determine building values. Staff is looking to Council Finance for direction on which option to use in the calculation of the fees or a blend of both options as well as additional feedback on the ATTACHMENTS 1. 2016 Capital Expansion Fee Study Update PowerPoint 2. Draft 2016 Capital Expansion Fee Study 2016 Capital Expansion Fee Study Update 8/15/16 Council Finance Committee 1 Capital Expansion Fees Today we are seeking feedback on the recommendations of the 2016 study including: • Should we use estimated current construction costs or insured values for assessing building values or a blend of the two? • Does Council have further questions/concerns about proposed fees? 2 Capital Expansion Fee Study Update 3 • Background • Methodology • Definitions • Fee Overview • Fees by type • Peer Cities • Conclusions Background 4 • Requires new developments to pay a proportionate share of infrastructure costs. • Updated annually according to the Denver-Boulder-Greeley Consumer Price Index and Engineering News Report Construction Cost Index for Denver Region • Fees included: Neighborhood Parks, Community Parks, Fire, Police, General Government Facilities Contracted with Duncan Associates in 2016 to Analyze Methodology, Update Fees Consumer Price Index (CPI) vs Construction Cost Index (CCI) 5 Despite Perceived Rising Construction Costs In Front Range Recent CPI and CCI Indices Don’t Indicate Cost Inflation *Source for CPI = Bureau of Labor Statistics, Denver- Boulder-Greeley Source for CCI = Engineering News Record, Denver Methodology Incremental Expansion: • Used this methodology since 1996 • As community grows, capital facilities and equipment will need to be expanded proportional to growth • Impact fees cannot exceed the cost to maintain existing level of service • Not tied to a master plan, allows for greater flexibility to meet changing needs and priorities 6 Retained Incremental Approach; Current fees cannot pay for deficiencies or future growth Methodology Peer Cities 7 Peer Cities Currently All Have Same Methodology, Other Than Roads and Utilities Updates/Changes in 2016 8 • Continued use of functional population for Police, Fire & Gen Gov’t • Updated all formula inputs including current asset info • Updated land value to accurately account for value differences • Evaluating two options for Gen Gov’t, Fire and Police: estimated construction costs or insured building values Definitions 9 • Level of Service (LOS): Ratio of the replacement cost of existing facilities to existing service units • Service Unit: A common or standardized measure of the demand for the type of facility • Functional Population: The number of people present at a land use expressed in full time equivalents –used for fire, police and general government • Equivalent Dwelling Unit (EDU): The ratio of the average household size of a dwelling type to the average household size of the typical single-family detached unit –used for parks Functional Population & Equivalent Dwelling Unit Comparison 10 Both Functional Population and Equivalent Dwelling Units (EDUs) Increased Since ‘13 Fees Overview: Why Are Fees Changing? Police No New Assets Functional Population = Fees Fire New assets Functional Population = Fees 11 Simple calculation: If Numerator Increases, Fees Go UP If Denominator Increases, Fees Go DOWN Community Parks Neighbor. Parks Land + Cost of Twin Silos No new assets EDUs EDUs = Fees =Fees General Government Additional Assets added + Land Functional Population = Fees Fees Overview Insured Values 12 Fees Overview Cost of Construction Values 13 Parks Capital Expansion Fees 14 Average Cost Per Acre for Comm Parks Increased Equivalent Dwelling Units Increased Slightly Fire Assets 15 Not included in 2012 *Station #8- new asset Other added stations- outside GMA, but service % of call volume in Fort Collins Fire Capital Improvement Fees 16 Fire Assets Value Increased Functional Population Increased Police Capital Improvement Fees 17 No Change to Asset Values Functional Population Increased General Govt Capital Expansion Fees 18 Not included in 2012 Facilities That Can Be Included in Calculations Are Those Designed, Intended and Used To Provide General Government Services General Govt Capital Improvement Fees 19 Asset Values Increased With Added Facilities, Land Value Functional Population Increased Slightly Peer Cities: Comparative Fees Fort Collins Projected vs Peer Current 20 Despite Fee Changes, Fort Collins Still Competitive Amongst Peer Cities In All Land Uses But Office/Retail Conclusions 21 • Fees changes appear to be in line with what would be expected given updates • Cadence should be deliberate; timing should be 3-5 years based on various factors • Outreach and buy-in from impacted departments Next Steps • Continue to refine Construction Cost values • Outreach August through September • Boards: Economic Advisory Commission, Parks and Rec, Building Review Board, Affordable Housing Board • Public: Chamber LLAC, Board of Realtors • Back to CFC in October- Outreach feedback/Fee Refinements • Council Adoption in November • Jan 1, 2017 implementation 22 Capital Expansion Fees Today we are seeking feedback on the recommendations of the 2016 study including: • Should we use construction costs or insured values for assessing building values or a blend of the two? • Does Council have further questions/concerns about proposed fees? 23 Backup 24 Background: Functional Population • Demand for public safety tends to be proportional to presence of people at particular site • FTE Analogy: full time equivalent people present at site of a land use • Residential: Avg HH size X % of time @ home • Non-residential: Formula includes trip generation, avg vehicle occupancy, avg # hours spent by visitors at a land use 25 Police Fee: General Government Fee: Formulas Parks Fees: • Neighborhood Parks Used: • Radiant (2013), Waters Way (2012), Registry (2012) • Community Parks Used: • Southeast (2016), Spring Canyon (2006), Fossil Creek (2003) 26 Fire Fee: Simple calculation: If Numerator Increases, Fees Go UP If Denominator Increases, Fees Go DOWN Capital Expansion Fee Study for the City of Fort Collins, Colorado prepared by August 2016 Public Review Draft Table of Contents EXECUTIVE SUMMARY ................................................................................................................ 1 Background....................................................................................................................................... 1 Methodology .................................................................................................................................... 1 Change in Fees ................................................................................................................................. 2 Comparative Fees ............................................................................................................................ 4 METHODOLOGY ............................................................................................................................ 7 Analysis and Recommendations .................................................................................................... 7 Legal Framework ............................................................................................................................. 8 Colorado Statutes ........................................................................................................................ 8 Case Law Requirements ............................................................................................................. 9 Alternative Methodologies ........................................................................................................... 10 Standards-Based ........................................................................................................................ 10 Plan-Based .................................................................................................................................. 11 Summary ......................................................................................................................................... 12 PARKS ................................................................................................................................................ 13 Service Units ................................................................................................................................... 13 Cost per Service Unit .................................................................................................................... 14 Net Cost per Service Unit ............................................................................................................ 15 Potential Fees ................................................................................................................................. 16 FIRE .................................................................................................................................................... 18 Service Units ................................................................................................................................... 18 Cost per Service Unit .................................................................................................................... 18 Net Cost per Service Unit ............................................................................................................ 20 Potential Fees ................................................................................................................................. 21 POLICE .............................................................................................................................................. 22 Service Units ................................................................................................................................... 22 Cost per Service Unit .................................................................................................................... 22 Net Cost per Service Unit ............................................................................................................ 23 Potential Fees ................................................................................................................................. 24 GENERAL GOVERNMENT ....................................................................................................... 25 Service Units ................................................................................................................................... 25 Cost per Service Unit .................................................................................................................... 25 Net Cost per Service Unit ............................................................................................................ 26 Potential Fees ................................................................................................................................. 27 APPENDIX A: HOUSING DATA ............................................................................................. 28 Existing Housing Units by Type ................................................................................................. 28 Average Household Size by Housing Type ............................................................................... 28 Average Household Size by Unit Size ........................................................................................ 30 APPENDIX B: FUNCTIONAL POPULATION ...................................................................... 32 Residential Functional Population .............................................................................................. 32 Nonresidential Functional Population ....................................................................................... 33 Total Functional Population ........................................................................................................ 34 APPENDIX C: COMPARATIVE FEE SURVEY ..................................................................... 35 Prepared by Duncan Associates Clancy Mullen, Principal, Project Manager 17409 Rush Pea Circle, Austin, Texas 78738 (512) 423-0480, clancy@duncanassociates.com List of Tables Table 1. Current and Updated Capital Expansion Fees – Insured Values ................................. 2 Table 2. Current and Updated Capital Expansion Fees – Construction Costs ......................... 3 Table 3. Comparative Fees per Single-Family Detached Unit ..................................................... 5 Table 4. Comparative Fees per Multi-Family Unit ........................................................................ 5 Table 5. Comparative Fees per 1,000 sq. ft. of Retail .................................................................... 5 Table 6. Comparative Fees per 1,000 sq. ft. of General Office ................................................... 6 Table 7. Comparative Fees per 1,000 sq. ft. of Light Industrial .................................................. 6 Table 8. Methodologies Used by Selected Colorado Jurisdictions .............................................. 8 Table 9. Park Service Unit Multipliers ........................................................................................... 13 Table 10. Park Service Units, 2016 ................................................................................................. 13 Table 11. Existing Park Acres ......................................................................................................... 14 Table 12. Neighborhood Park Development Cost per Acre...................................................... 14 Table 13. Community Park Development Cost per Acre ........................................................... 14 Table 14. Park Land Cost per Acre ................................................................................................ 15 Table 15. Park Cost per Service Unit ............................................................................................. 15 Table 16. Potential Park Capital Expansion Fees ........................................................................ 16 Table 17. Comparative Park Capital Expansion Fees ................................................................. 17 Table 18. Existing Fire Stations ...................................................................................................... 19 Table 19. City Share of Call Volume .............................................................................................. 19 Table 20. Existing Fire Cost per Service Unit .............................................................................. 20 Table 21. Potential Fire Capital Expansion Fees ......................................................................... 21 Table 22. Comparative Fire Fees .................................................................................................... 21 Table 23. Police Building and Land Cost ...................................................................................... 22 Table 24. Police Cost per Service Unit .......................................................................................... 23 Table 25. Police Debt Credit ........................................................................................................... 23 Table 26. Police Net Cost per Service Unit .................................................................................. 24 Table 27. Potential Police Capital Expansion Fees ...................................................................... 24 Table 28. Comparative Police Fees ................................................................................................ 24 Table 29. Existing General Government Facilities ...................................................................... 25 Table 30. General Government Cost per Service Unit ............................................................... 26 Table 31. General Government Debt Credit ................................................................................ 26 Table 32. General Government Net Cost per Service Unit ....................................................... 26 Table 33. Potential General Government Capital Expansion Fees ........................................... 27 Table 34. Comparative General Government Fees ..................................................................... 27 Table 35. Dwelling Unit Distribution by Housing Type, 2000-Current ................................... 28 Table 36. Dwelling Units by Housing Type, Fort Collins, 2016 ................................................ 28 Table 37. Average Household Size, 2000 and 2010 ..................................................................... 29 Table 38. Average Household Size by Housing Type, 2000 ...................................................... 29 Table 39. Average Household Size by Housing Type, Current ................................................. 29 Table 40. Change in Average Household Size by Type, 2000-Current ..................................... 29 Table 41. Average Household Size by Housing Type, 2016 ...................................................... 30 Table 42. Average Household Size by Dwelling Unit Size, Western U.S., 2013 ..................... 30 Table 43. Functional Population per Unit for Residential Uses ................................................ 33 Table 44. Functional Population per Unit for Nonresidential Uses ......................................... 34 Table 45. Existing Functional Population ..................................................................................... 34 Table 46. Current Fees, City of Fort Collins................................................................................. 35 Table 47. Current Fees, City of Loveland ..................................................................................... 35 Table 48. Current Fees, City of Greeley ........................................................................................ 36 Table 49. Current Fees, City of Longmont ................................................................................... 36 Table 50. Current Fees, City of Boulder ........................................................................................ 36 Capital Expansion Fee Study Public Review Draft duncan|associates Fort Collins, Colorado 1 August 10, 2016 EXECUTIVE SUMMARY This study provides the analysis required to update the City’s capital expansion fees for neighborhood parks, community parks, and fire, police and general government facilities. The City’s capital expansion fees are impact fees that assess new developments for the proportionate share of the cost of new capital facilities required to serve them at the same level of service provided to existing developments. Background The City’s capital expansion fees were originally adopted in June 1996, based on a study prepared by City staff.1 The fees have been updated periodically to account for inflation, but the first update of the study did not occur until 2013.2 This is the second update of the impact fee study for the capital expansion fees. Methodology This update includes an evaluation of alternative methodologies that could be used. The analysis is provided in the Methodology chapter, and includes a review of legal requirements and alternative approaches. The methodology employed in the 1996 and 2013 studies is known as “standards-based” (also called “incremental expansion”). The standards-based methodology bases the fees on the existing level of service. The concept behind the standards-based methodology is simple: as a community grows, capital facilities and equipment will need to be expanded proportional to the growth. The existing level of service, whether measured directly in terms of cost per service unit or indirectly in terms of an intervening variable, such as acres of parkland, is assumed to be adequate to serve existing development, but with little or no excess capacity to serve growth.3 Impact fees cannot exceed the cost to maintain the existing level of service. The “standards-based” methodology meets that requirement by basing the fees on the existing level of service. Plan-based methodologies generally will not result in higher fees. The standards-based methodology also has the advantage of not being tied to a master plan and allowing greater flexibility to meet changing needs and priorities. The recommendation is to retain the standards-based approach in this update. Two alternative fees schedules are calculated in this update for fire, police and general government. One bases the replacement cost of buildings on insured values, the other on estimated construction costs. This study also calculates potential residential fees by housing type (e.g., flat rate per unit for 1 City of Fort Collins, Capital Expansion Cost Study, May 21, 1996. 2 Duncan Associates, Capital Expansion Fee Study for the City of Fort Collins, Colorado, June 2013. 3 The exceptions are that the new police station is estimated to have about 20% excess capacity to serve future development, and the new Fire Station #4 is estimated to have some excess capacity. Executive Summary Capital Expansion Fee Study Public Review Draft duncan|associates City of Fort Collins, Colorado 2 August 10, 2016 single-family detached and multi-family), in case the City is interested in this optional assessment method. Change in Fees Current and updated capital expansion fees are shown in Table 1 for the alternative of basing building replacement costs on insured values. Under this scenario, the updated fees are lower than current fees for neighborhood parks and police, and higher for community parks, fire, and general government. Total updated capital expansion fees are 6% to 18% higher than current fees. Alternative residential fees by housing type are calculated in this report, but are not shown here. Table 1. Current and Updated Capital Expansion Fees – Insured Values N'hood Comm. Gen. Land Use Type Unit Park Park Fire Police Gov't Total Updated Fees Resid., up to 700 sf Dwelling $1,106 $1,311 $375 $111 $351 $3,254 Resid., 701-1,200 sf Dwelling $1,480 $1,755 $507 $150 $473 $4,365 Resid., 1,201-1,700 sf Dwelling $1,616 $1,916 $551 $163 $516 $4,762 Resid., 1,701-2,200 sf Dwelling $1,633 $1,936 $561 $166 $524 $4,820 Resid., over 2,200 sf Dwelling $1,820 $2,158 $624 $184 $583 $5,369 Commercial 1,000 sf $0 $0 $473 $140 $887 $1,500 Industrial 1,000 sf $0 $0 $110 $33 $209 $352 Current Fees Resid., up to 700 sf Dwelling $1,262 $1,069 $272 $137 $321 $3,061 Resid., 701-1,200 sf Dwelling $1,619 $1,373 $346 $173 $410 $3,921 Resid., 1,201-1,700 sf Dwelling $1,788 $1,516 $384 $192 $452 $4,332 Resid., 1,701-2,200 sf Dwelling $1,863 $1,580 $399 $200 $473 $4,515 Resid., over 2,200 sf Dwelling $1,996 $1,692 $427 $214 $507 $4,836 Commercial 1,000 sf $0 $0 $329 $165 $780 $1,274 Industrial 1,000 sf $0 $0 $78 $40 $183 $301 Change Resid., up to 700 sf Dwelling -$156 $242 $103 -$26 $30 $193 Resid., 701-1,200 sf Dwelling -$139 $382 $161 -$23 $63 $444 Resid., 1,201-1,700 sf Dwelling -$172 $400 $167 -$29 $64 $430 Resid., 1,701-2,200 sf Dwelling -$230 $356 $162 -$34 $51 $305 Resid., over 2,200 sf Dwelling -$176 $466 $197 -$30 $76 $533 Commercial 1,000 sf $0 $0 $144 -$25 $107 $226 Industrial 1,000 sf $0 $0 $32 -$7 $26 $51 Percent Change Resid., up to 700 sf Dwelling -12% 23% 38% -19% 9% 6% Resid., 701-1,200 sf Dwelling -9% 28% 47% -13% 15% 11% Resid., 1,201-1,700 sf Dwelling -10% 26% 43% -15% 14% 10% Resid., 1,701-2,200 sf Dwelling -12% 23% 41% -17% 11% 7% Resid., over 2,200 sf Dwelling -9% 28% 46% -14% 15% 11% Commercial 1,000 sf n/a n/a 44% -15% 14% 18% Industrial/Warehouse 1,000 sf n/a n/a 41% -18% 14% 17% Source: Current fees from City of Fort Collins website on March 18, 2016; updated fees from Table 16 (parks), Table 21 (fire), Table 27 (police) and Table 33 (general government). Executive Summary Capital Expansion Fee Study Public Review Draft duncan|associates City of Fort Collins, Colorado 3 August 10, 2016 Table 2 shows current and updated capital expansion fees for the alternative of basing building replacement costs on estimated current construction costs. Under this scenario, the updated fees are lower than current fees for neighborhood parks, and higher for the other four facility types. Total updated capital expansion fees are 22% to 28% higher residential uses, and about 86% higher for nonresidential. Alternative residential fees by housing type are also calculated in this report, but are not shown here. Table 2. Current and Updated Capital Expansion Fees – Construction Costs N'hood Comm. Gen. Land Use Type Unit Park Park Fire Police Gov't Total Updated Fees Resid., up to 700 sf Dwelling $1,106 $1,311 $502 $236 $574 $3,729 Resid., 701-1,200 sf Dwelling $1,480 $1,755 $679 $319 $774 $5,007 Resid., 1,201-1,700 sf Dwelling $1,616 $1,916 $739 $347 $845 $5,463 Resid., 1,701-2,200 sf Dwelling $1,633 $1,936 $751 $352 $858 $5,530 Resid., over 2,200 sf Dwelling $1,820 $2,158 $836 $392 $955 $6,161 Commercial 1,000 sf $0 $0 $633 $297 $1,451 $2,381 Industrial 1,000 sf $0 $0 $148 $69 $342 $559 Current Fees Resid., up to 700 sf Dwelling $1,262 $1,069 $272 $137 $321 $3,061 Resid., 701-1,200 sf Dwelling $1,619 $1,373 $346 $173 $410 $3,921 Resid., 1,201-1,700 sf Dwelling $1,788 $1,516 $384 $192 $452 $4,332 Resid., 1,701-2,200 sf Dwelling $1,863 $1,580 $399 $200 $473 $4,515 Resid., over 2,200 sf Dwelling $1,996 $1,692 $427 $214 $507 $4,836 Commercial 1,000 sf $0 $0 $329 $165 $780 $1,274 Industrial 1,000 sf $0 $0 $78 $40 $183 $301 Change Resid., up to 700 sf Dwelling -$156 $242 $230 $99 $253 $668 Resid., 701-1,200 sf Dwelling -$139 $382 $333 $146 $364 $1,086 Resid., 1,201-1,700 sf Dwelling -$172 $400 $355 $155 $393 $1,131 Resid., 1,701-2,200 sf Dwelling -$230 $356 $352 $152 $385 $1,015 Resid., over 2,200 sf Dwelling -$176 $466 $409 $178 $448 $1,325 Commercial 1,000 sf $0 $0 $304 $132 $671 $1,107 Industrial 1,000 sf $0 $0 $70 $29 $159 $258 Percent Change Resid., up to 700 sf Dwelling -12% 23% 85% 72% 79% 22% Resid., 701-1,200 sf Dwelling -9% 28% 96% 84% 89% 28% Resid., 1,201-1,700 sf Dwelling -10% 26% 92% 81% 87% 26% Resid., 1,701-2,200 sf Dwelling -12% 23% 88% 76% 81% 22% Resid., over 2,200 sf Dwelling -9% 28% 96% 83% 88% 27% Commercial 1,000 sf n/a n/a 92% 80% 86% 87% Industrial/Warehouse 1,000 sf n/a n/a 90% 73% 87% 86% The changes in the total capacity expansion fee (sum of parks, fire, police and general government) by land use category are illustrated in Figure 1. While the percentage increases for nonresidential fees are large, the actual amounts of the fee increases are modest, because nonresidential fees per 1,000 square feet are quite low compared to residential fees for similar-sized units (e.g., 701-1,200 square feet). Executive Summary Capital Expansion Fee Study Public Review Draft duncan|associates City of Fort Collins, Colorado 4 August 10, 2016 Figure 1. Change in Total Fee by Land Use Note: residential fees are per dwelling unit, nonresidential fees are per 1,000 sq. ft. Comparative Fees The City’s current and updated fees are compared with current fees charged by four peer cities in the tables below. The survey includes all impact fees or similar charges, including capital expansion fees, plant investment fees, development excise taxes and fees in lieu of land dedication, with the exception of electrical connection fees, which would not be assessed by cities served by a private electrical utility company. The highlighted subtotal in each table represents the sum of the types of fees addressed in this study. The final column represents all development fees designed to recover municipal capital costs. Executive Summary Capital Expansion Fee Study Public Review Draft duncan|associates City of Fort Collins, Colorado 5 August 10, 2016 For single-family homes, the subtotal of fees addressed by this study for Fort Collins are in line with those charged by the other cities. Total single-family fees for Fort Collins are lower than all four comparison cities. Table 3. Comparative Fees per Single-Family Detached Unit Gen. Jurisdiction Park Fire Police Gov't Subtotal Other Total Fort Collins (current) $3,443 $399 $200 $473 $4,515 $13,527 $18,042 Fort Collins (updated-insured value) $3,569 $561 $166 $524 $4,820 $13,527 $18,347 Fort Collins (updated-constr. cost) $3,569 $751 $352 $858 $5,530 $13,527 $19,057 Loveland $6,562 $895 $881 $1,092 $9,430 $19,441 $28,871 Greeley $3,224 $845 $122 $0 $4,191 $20,298 $24,489 Longmont $5,333 $0 $0 $1,121 $6,454 $17,028 $23,482 Boulder $4,483 $220 $310 $452 $5,465 $31,091 $36,556 Source: See Appendix C. For multi-family, the subtotal of fees addressed by this study for Fort Collins are also reasonably similar to those charged by the other cities. Total multi-family fees in Fort Collins are lower than in three of the four comparison cities. Table 4. Comparative Fees per Multi-Family Unit Gen. Jurisdiction Park Fire Police Gov't Subtotal Other Total Fort Collins (current) $2,992 $346 $173 $410 $3,921 $7,905 $11,826 Fort Collins (updated-insured value) $3,235 $507 $150 $473 $4,365 $7,905 $12,270 Fort Collins (updated-constr. cost) $3,235 $679 $319 $774 $5,007 $7,905 $12,912 Loveland $4,560 $622 $613 $759 $6,554 $7,150 $13,704 Greeley $2,419 $409 $92 $0 $2,920 $10,829 $13,749 Longmont $2,616 $0 $0 $1,121 $3,737 $2,525 $6,262 Boulder $3,537 $297 $256 $370 $4,460 $18,582 $23,042 Source: See Appendix C. Comparative fees for three nonresidential land use types (retail, office and industrial) are summarized in the following three tables. The City’s total fees for retail are comparable to Loveland, lower than Boulder and higher than Greeley and Longmont. Table 5. Comparative Fees per 1,000 sq. ft. of Retail Gen. Jurisdiction Park Fire Police Gov't Subtotal Other Total Fort Collins (current) $0 $329 $165 $780 $1,274 $14,693 $15,967 Fort Collins (updated-insured value) $0 $473 $140 $887 $1,500 $14,693 $16,193 Fort Collins (updated-constr. cost) $0 $633 $297 $1,451 $2,381 $14,693 $17,074 Loveland $0 $300 $390 $420 $1,110 $14,857 $15,967 Greeley $0 $667 $149 $0 $816 $6,547 $7,363 Longmont $0 $0 $0 $401 $401 $7,041 $7,442 Boulder $0 $400 $500 $150 $1,050 $20,178 $21,228 Source: See Appendix C. Executive Summary Capital Expansion Fee Study Public Review Draft duncan|associates City of Fort Collins, Colorado 6 August 10, 2016 Fort Collin’s total fees for office are higher than those of the other cities other than Boulder. Table 6. Comparative Fees per 1,000 sq. ft. of General Office Gen. Jurisdiction Park Fire Police Gov't Subtotal Other Total Fort Collins (current) $0 $329 $165 $780 $1,274 $14,693 $15,967 Fort Collins (updated-insured value) $0 $473 $140 $887 $1,500 $14,693 $16,193 Fort Collins (updated-constr. cost) $0 $633 $297 $1,451 $2,381 $14,693 $17,074 Loveland $0 $300 $390 $420 $1,110 $6,945 $8,055 Greeley $0 $313 $70 $0 $383 $6,216 $6,599 Longmont $0 $0 $0 $401 $401 $7,041 $7,442 Boulder $0 $610 $170 $210 $990 $18,323 $19,313 Source: See Appendix C. Total fees for industrial are similar to the those charged by three of the comparison cities, but Boulder’s fee is considerably higher. Table 7. Comparative Fees per 1,000 sq. ft. of Light Industrial Gen. Jurisdiction Park Fire Police Gov't Subtotal Other Total Fort Collins (current) $0 $78 $40 $183 $301 $6,074 $6,375 Fort Collins (updated-insured value) $0 $110 $33 $209 $352 $6,074 $6,426 Fort Collins (updated-constr. cost) $0 $148 $69 $342 $559 $6,074 $6,633 Loveland $0 $30 $50 $60 $140 $5,669 $5,809 Greeley $0 $124 $28 $0 $152 $3,726 $3,878 Longmont $0 $0 $0 $401 $401 $5,335 $5,736 Boulder $0 $80 $60 $120 $260 $19,968 $20,228 Source: See Appendix C. Capital Expansion Fee Study Public Review Draft duncan|associates Fort Collins, Colorado 7 August 10, 2016 METHODOLOGY The City of Fort Collins’ Capital Expansion Fees were originally adopted in 1996, and were updated for the first time in 2013. The 2013 study used the same “standards-based” methodology employed in the original study. The City has expressed concern that impact fees based on this methodology will not generate sufficient funds to construct needed capital improvements, such as the build-out of the parks system or a planned new city hall, and would like to know if an alternative, “plan-based” approach would generate more revenue for planned improvements. The City’s Capital Expansion Fees are a form of impact fee. This chapter describes the legal framework for impact fees, describes the alternative methodologies that can be used in the current update, and recommends an approach for this project. For the ease of the reader, we start with the analysis and recommendation, followed by the legal framework and alternative methodology discussions. Analysis and Recommendations A fundamental requirement of any impact fee methodology is that it does not charge new development for a higher level of service (LOS) than what is currently being provided to existing development. Basing the fees on a higher LOS creates existing deficiencies with respect to that LOS. As cited below, Colorado statutes require that: “No impact fee or other similar development charge shall be imposed to remedy any deficiency in capital facilities that exists without regard to the proposed development.” The “standards-based” methodology meets this requirement, because it bases the fees on the existing LOS. In the 2013 study, for example, the existing LOS was quantified as the replacement value of existing capital improvements per service unit (e.g., per person). An alternative “plan-based” methodology would also need to meet this requirement. For example, assume that the facility master plan on which the study is based is a build-out plan, and that population is the service unit. It would not be sufficient to simply divide future planned costs by anticipated new population to determine the fee per person. Some of the future improvements may be needed today, even if there were to be no future growth. Consequently, an analysis would need to be done to ensure that all of the planned improvement cost is attributable to future development, and will not raise the LOS for existing development. To provide a more specific example of the required LOS analysis, consider a park fee. The LOS for parks is often quantified in terms of acres per 1,000 residents. Suppose the City currently provides a LOS of 5 acres of park land per 1,000 people, but the build-out plan would provide 10 acres per 1,000. Impact fees could not be used to require new development to pay all remaining future project costs, because many of those improvements are needed today to provide the desired LOS to existing development. In other words, they are existing deficiencies which by State law cannot be funded with impact fees. Methodology Capital Expansion Fee Study Public Review Draft duncan|associates City of Fort Collins, Colorado 8 August 10, 2016 For the types of facilities addressed in this study, the standards-based methodology is almost universally used. The types of methodologies used by a number of Colorado jurisdictions are summarized in Table 8 below. While plan-based methodologies are used for roads, water, wastewater and stormwater fees, none of the jurisdictions surveyed use a plan-based methodology for parks, libraries, fire, police or general government fees. Table 8. Methodologies Used by Selected Colorado Jurisdictions Storm Park/ Gen. Jurisdiction Roads Water Sewer Water Trail Library Fire Police Gov't Fort Collins Plan Standard Standard Standard Standard n/a Standard Standard Standard Loveland Plan Standard Standard Plan Standard Standard Standard Standard Standard Greeley Standard Standard Standard Mix Standard n/a Standard Standard n/a Windsor Standard Standard Standard Plan Unknown n/a n/a n/a n/a Weld Co. Standard n/a n/a Standard n/a n/a n/a n/a Standard Larimer Co. Standard n/a n/a n/a n/a n/a n/a n/a n/a Longmont Plan Standard Standard n/a Standard n/a n/a n/a n/a Thornton n/a Standard Standard n/a n/a n/a n/a n/a n/a Boulder Mix Standard Standard Standard Standard Standard Standard Standard Standard Broomfield n/a Plan Plan n/a n/a n/a n/a n/a n/a Source: Duncan Associates, Impact Fee Study for Greeley, Colorado, December 2014, Table 6. In sum, impact fees cannot exceed the cost to maintain the existing level of service. The “standards- based” methodology meets that requirement by basing the fees on the existing level of service. Plan- based methodologies generally will not result in higher fees. The standards-based methodology also has the advantage of not being tied to a master plan and allowing greater flexibility to meet changing needs and priorities. Our recommendation is to retain the standards-based approach in this update. Legal Framework Impact fee methodology must comply with certain legal principles. Impact fees were pioneered by local governments in the absence of explicit state enabling legislation. Impact fees were originally defended as an exercise of local government's broad “police power” to protect the health, safety and welfare of the community. The courts gradually developed guidelines for constitutionally valid impact fees, based on a “rational nexus” that must exist between the regulatory fee or exaction and the activity that is being regulated. The guiding principles developed in case law were subsequently incorporated into state impact fee enabling acts, at least to some degree. Some state acts have just borrowed terminology from case law, while others elaborate on the guidelines more explicitly. Colorado Statutes In Colorado, the state legislature has adopted explicit impact fee enabling legislation, which is codified in Sec. 29-20-104.5, Colorado Revised Statutes. Key provisions of this section include the following: (1) “A local government shall quantify the reasonable impacts of proposed development on existing capital facilities and establish the impact fee or development charge at a level no greater than necessary to defray such impacts directly related to proposed development.” (§ 29-20-104.5(2)) Methodology Capital Expansion Fee Study Public Review Draft duncan|associates City of Fort Collins, Colorado 9 August 10, 2016 (2) “No impact fee or other similar development charge shall be imposed to remedy any deficiency in capital facilities that exists without regard to the proposed development.” (§ 29-20-104.5(2)) (3) “Any schedule of impact fees or other similar development charges adopted by a local government pursuant to this section shall include provisions to ensure that no individual landowner is required to provide any site specific dedication or improvement to meet the same need for capital facilities for which the impact fee or other similar development charge is imposed.” (§ 29-20-104.5(3)) (4) Impact fees may be charged for capital facilities that have “an estimated useful life of five years or longer.” (§ 29-20-104.5(4)(b)) (5) Cities “may waive an impact fee or other similar development charge on the development of low- or moderate- income housing or affordable employee housing.” (§ 29-20-104.5(5)) (6) “Nothing in this section shall be construed to prohibit a local government from deferring collection of an impact fee or other similar development charge until the issuance of a building permit or certificate of occupancy.” (§ 29-20-104.5(6)) Additional accounting requirements are imposed pursuant to Sec. 29-1-803, which requires that impact fees be deposited in “an interest-bearing account which clearly identifies the category, account, or fund of capital expenditure for which such charge was imposed. Each such category, account, or fund shall be accounted for separately. … Any interest or other income earned on moneys deposited in said interest-bearing account shall be credited to the account.” Finally, Sec. 22-54-102(3)(a) prohibits school impact fees: “Nothing in this article shall be construed to prohibit local governments from cooperating with school districts through intergovernmental agreements to fund, construct, maintain, or manage capital construction projects or other facilities …, as long as funding for such projects is provided solely from a source of local government revenue that is otherwise authorized by law except impact fees or other similar development charges or fees.” Case Law Requirements In addition to statutory provisions, national impact fee case law also governs impact fees. One of the key principles enunciated by the courts is that impact fees should only charge new developments for the capital costs that they actually impose on the community. Almost all of the state enabling acts contain words or phrases that acknowledge this principle. Colorado’s act uses the phrase “impacts directly related to the proposed development.” Another principle of case law is that impact fees should not charge new development for a higher level of service than is provided to existing development. If the fees are based on a higher level of service than is provided to existing development in the community, other funding must be identified to remedy the existing deficiencies. This principle is expressed colloquially in the saying, “impact fees should not be used to pay for the sins of the past.” On this point, Colorado’s act states that “No impact fee or other similar development charge shall be imposed to remedy any deficiency in capital facilities that exists without regard to the proposed development.” Methodology Capital Expansion Fee Study Public Review Draft duncan|associates City of Fort Collins, Colorado 10 August 10, 2016 A corollary principle is that new development should not have to pay more than its proportionate share when multiple sources of payment are considered. This principle is often expressed informally as “new development should not be charged twice for the same facilities.” Virtually all of the state enabling acts require construction credits for developments that make in-kind contributions, such as the dedication of property or construction of improvements. The reduction of impact fees on a case- by-case basis for a particular development to account for such contributions is known as a “construction credit.” All but four of the 28 state acts explicitly require that developers be given reimbursements or credits for in-kind contributions for the same type of capital facility costs covered by the impact fee. Colorado’s act words this principle as follows: “Any schedule of impact fees or other similar development charges adopted by a local government pursuant to this section shall include provisions to ensure that no individual landowner is required to provide any site specific dedication or improvement to meet the same need for capital facilities for which the impact fee or other similar development charge is imposed.” In addition to in-kind contributions, other sources of potential double-payment could include future property taxes that will be generated by the new development and used to pay debt service on existing facilities, or sales tax revenues earmarked to remedy existing deficiencies in facilities serving existing development. Since there is no way to charge new development a lower property or sales tax rate than existing development, the solution is to reduce the impact fees by an amount equivalent to the future payments. Such a reduction is referred to as a “revenue credit.” A majority of the state enabling acts explicitly require consideration of revenue credits, although Colorado’s does not. Nevertheless, this principle should be adhered to in the development of impact fees in Colorado. Alternative Methodologies A wide range of methodologies have been developed to calculate impact fees, consistent with the legal requirements and guidelines described in the previous section. Despite variations, there are two primary types of methodologies, which can be referred to as “standards-based” and “plan-based.” Standards-based methodologies use a system-wide level of service standard, such as the system-wide ratio of road capacity to demand, the number of park acres per 1,000 residents, or the existing capital investment per service unit. Plan-based methodologies are generally based on modeling and geographically-specific level of service standards (e.g., “all road segments and intersections shall function at LOS D or better”), and rely on a facility master plan to create the nexus between the cost of planned improvements and the projected growth over a defined time period. In general, the standards-based approach provides greater flexibility in expenditures (a plan-based approach requires a master plan update when planned projects change). The two approaches are described in more detail below. Standards-Based The “standards-based” methodology uses a generalized level-of-service standard to determine the costs to accommodate new development. This approach does not require that there be a master plan, or even a list of specific planned projects that will funded with the impact fees. Most often, the standards-based approach uses the actual level of service (LOS) that exists at the time the study is prepared. This LOS standard can be expressed in terms of a physical ratio (e.g., park acres per 1,000 population), or in dollar terms (e.g., park cost per person). When based on the existing LOS, Methodology Capital Expansion Fee Study Public Review Draft duncan|associates City of Fort Collins, Colorado 11 August 10, 2016 this approach is sometimes referred to as “incremental expansion.” The basic assumption is that, as the community grows, it will be necessary to expand capital facilities proportional to growth. Basing the fees on the existing LOS assumes that there is little or no excess capacity in existing facilities to accommodate future growth. However, a standards-based methodology can also be based on a LOS that is lower or higher than the current existing LOS. When there is a significant amount of excess capacity, a lower-than-existing LOS may be used. This is most often the case with roads, water and wastewater facilities. However, it can also be a consideration for parks, trails, fire and police facilities, particularly if the impact fee study follows a recent major expansion of those types of facilities. Plan-Based In contrast to standards-based methodologies, which rely on generalized, system-wide LOS standards, plan-based methodologies rely on a specific list of planned improvements. A plan-based methodology basically divides the cost of planned improvements over a fixed time period by the anticipated growth in service units over the same time period. The least defensible of these approaches are those based on a Capital Improvements Plan, because there is not necessarily any strong correlation between short- term planned improvement costs and long-term costs to accommodate new development. Much more defensible are those based on a long-range master plan or build-out plan. As discussed above, plan-based methodologies seldom account for the cost of existing excess capacity. Instead, they focus solely on future costs to be incurred, and generally exclude any future costs to retire debt on existing capacity. Regardless of the methodology used, an impact fee calculation must comply with the legal principles established by impact fee case law, as described earlier. The most fundamental principle is that impact fees should only charge new development for the costs attributable to growth, and should not charge for the correction of existing capacity deficiencies. In addition, the fees should be proportional to the impact of the development. Finally, new development should not be required to pay twice for the same improvements through other taxes and fees. Plan-based approaches are not exempt from the fundamental requirement that the fees do not exceed the existing level of service. For example, a transportation fee based on a master plan that determines the cost maintain LOS D on all roadways over the next 20 years should identify any existing road- ways that currently function at a LOS worse than D and develop a funding plan to remedy the deficiencies. Because new development will generally contribute toward whatever funding source is used for this purpose, it is usually necessary to calculate a revenue credit that accounts for such contribution. Many impact fee studies that use the plan-based approach omit this critical component. Plan-based methodologies can result in higher fees if a long-range master plan shows that the geographic distribution of future development will result in higher costs than the current average cost required to serve existing development. This is more likely to be the case with road impact fees than it is for the type of facilities addressed in this update. For parks, fire, police and general government facilities, the plan-based approach is seldom used and would be unlikely to result in higher fees, even if the City had the necessary long-range master plans. Methodology Capital Expansion Fee Study Public Review Draft duncan|associates City of Fort Collins, Colorado 12 August 10, 2016 Summary To reiterate, impact fees cannot exceed the cost to maintain the existing level of service. The “standards-based” methodology meets that requirement by basing the fees on the existing level of service. Plan-based methodologies generally will not result in higher fees. The standards-based methodology also has the advantage of not being tied to a master plan and allowing greater flexibility to meet changing needs and priorities. Retaining the standards-based approach is recommended for this update. Capital Expansion Fee Study Public Review Draft duncan|associates Fort Collins, Colorado 13 August 10, 2016 PARKS The City provides a number of public park facilities for the benefit of residents. This section calculates updated community and neighborhood park capital expansion fees. Service Units The demand for City park facilities is generated by people. However, it is preferable to base the service unit on housing units, since the number of housing units can be more easily determined than the number of people, which is affected by highly variable occupancy rates. The proposed service unit for the park impact fee update is an equivalent dwelling unit or EDU. An EDU represents the average number of people living in a single-family detached dwelling unit. The average single-family home is by definition one park service unit. The number of service units associated with other types and sizes of dwelling units is determined by dividing average household size of that housing type by the average household size of a single-family unit. The resulting service unit multipliers are presented in Table 9. Table 9. Park Service Unit Multipliers Average Single-Family EDUs/ Housing Type Unit HH Size Avg. HH Size Unit Single-Family Detached Dwelling 2.75 2.75 1.00 Multi-Family Dwelling 1.93 2.75 0.70 Residential, up to 700 sq. ft. Dwelling 1.78 2.75 0.65 Residential, 701-1,200 sq. ft. Dwelling 2.40 2.75 0.87 Residential, 1,201-1,700 sq. ft. Dwelling 2.61 2.75 0.95 Residential, 1,701-2,200 sq. ft. Dwelling 2.65 2.75 0.96 Residential, over 2,200 sq. ft. Dwelling 2.95 2.75 1.07 Source: Average household size from Table 41 and Table 42 in Appendix A; EDUs/unit is average household size divided by single-family average household size. The existing number of service units can be determined by multiplying the estimated number of housing units by the service unit multipliers for each housing type and summing. Existing service units (EDUs) in the City of Fort Collins are calculated in Table 10. Table 10. Park Service Units, 2016 Existing EDUs/ Existing Housing Type Unit Units Unit EDUs Single-Family Detached Dwelling 38,022 1.00 38,022 Multi-Family Dwelling 28,372 0.70 19,860 Total 57,882 Source: Existing units from Table 36 in Appendix A; EDUs per unit from Table 9. Parks Capital Expansion Fee Study Public Review Draft duncan|associates City of Fort Collins, Colorado 14 August 10, 2016 Cost per Service Unit The City of Fort Collins provides a variety of parks and recreation facilities for it residents. The existing acreages by type of park are summarized in Table 11. Table 11. Existing Park Acres Park and Recreation Facility Type Acres Developed Community Park Acres 511 Developed Neighborhood Park Acres 341 Developed Pocket Park Acres 14 Total Developed Park Acres 866 Undeveloped Parks/Natural Features 156 Total Park Acres 1,022 Source: City of Fort Collins Park Planning, February 11, 2016. The cost per acre to develop a neighborhood park is based on development costs for the three most recent neighborhood parks. The original costs are adjusted for construction cost inflation. As shown in Table 12, the development of the three most recent neighborhood parks averaged $237,390 per acre. Table 12. Neighborhood Park Development Cost per Acre Original Inflation Current Cost/ Park/Year of Construction Cost Factor Cost Acres Acre Radiant Park/2013 $2,233,820 1.005 $2,244,989 10.00 $224,499 Waters Way Park/2012 $1,888,364 1.008 $1,903,471 8.80 $216,304 Registry Park/2012 $1,725,000 1.008 $1,738,800 6.00 $289,800 Weighted Average $5,847,184 $5,887,260 24.80 $237,390 Source: City of Fort Collins Finance Department, August 10, 2016; inflation factor.is ratio of July 2015 Engineering News-Record Construction Cost Index for Denver to July 2012 and 2013 indices. The cost per acre to develop a community park is estimated based on the weighted average development cost for the last three community parks. Southeast Community Park is based on 2016 bid estimates, while the older park costs are adjusted for inflation. The average development cost for the last three community parks is $176,256 per acre, as shown in Table 13. Table 13. Community Park Development Cost per Acre Original Inflation Current Cost/ Park/Year of Construction Cost Factor Cost Acres Acre SE Community Park/2016* $16,183,624 1.000 $16,183,624 52.6 $307,673 Spring Canyon Park/2006 $12,544,000 1.267 $15,893,248 103.0 $154,303 Fossil Creek Park/2003 $9,138,941 1.410 $12,885,907 99.5 $129,507 Weighted Average $37,866,565 $44,962,779 255.1 $176,256 Source: City of Fort Collins Finance Department, August 10, 2016; inflation factor.is ratio of July 2015 Engineering News-Record Construction Cost Index for Denver to July 2006 and December 2003 indices. Parks Capital Expansion Fee Study Public Review Draft duncan|associates City of Fort Collins, Colorado 15 August 10, 2016 The cost of future park land is estimated based on the value of $30,000 per acre from the 2013 study, adjusted by the increase in the average home price over the last three years. The result is an estimated land acquisition cost of $40,000 per acre, as shown in Table 14. Table 14. Park Land Cost per Acre 2013 Park Land Cost/Acre $30,000 x Ratio of 2016/2013 Average Home Price 1.35 2016 Park Land Cost/Acre $40,000 Source: City of Fort Collins Parks Department, March 23, 2016. The existing level of service can be expressed in terms of the current cost per service unit, as shown in Table 15. The total cost represents the capital expenditure that would be required to acquire the amount of existing park land and to develop that land for parks at today’s prices. The total cost is divided by the existing number of service units to determine the cost per service unit to provide the same level of service to future residents. Table 15. Park Cost per Service Unit Neighborhood/ Community Pocket Parks Parks Developed Acres 355.00 511.00 x Development Cost per Acre $237,390 $176,256 Existing Park Facility Cost $84,273,450 $90,066,816 Total Acres 355.00 667.00 x Land Cost per Acre $40,000 $40,000 Existing Park Land Cost $14,200,000 $26,680,000 Total Existing Park Cost $98,473,450 $116,746,816 ÷ Existing EDUs 57,882 57,882 Park Cost per EDU $1,701 $2,017 Source: Developed and total acres from Table 11; development costs per acre from Table 12 (neighborhood parks) and Table 13 (community parks); land cost per acre from Table 14; existing EDUs from Table 10. Net Cost per Service Unit Impact fees should be reduced in order to account for other types of revenues that will be generated by new development and used to fund capacity-expanding improvements of the same type as those to be funded by the impact fees. Cases in which such a credit is warranted include funding of existing deficiencies and outstanding debt payments on existing facilities. Since the fees are based on the existing level of service, there are no deficiencies. The City has no outstanding debt on past park improvements. The City has not received any State or Federal grants for neighborhood or community parks during the last five years. Consequently, no credits against the park impact fee are required based on these criteria, and the net cost per service unit is the same as the cost per service unit calculated above. Parks Capital Expansion Fee Study Public Review Draft duncan|associates City of Fort Collins, Colorado 16 August 10, 2016 Potential Fees The maximum neighborhood and community park capital expansion fees that may be adopted by the City based on this study are determined by multiplying the number of service units generated by a dwelling unit by the net cost per service unit. The resulting fee schedules are presented in Table 16. Two options are shown: fees by housing type (single-family and multi-family) and fees by unit size. Table 16. Potential Park Capital Expansion Fees EDUs/ Net Cost/ Net Cost/ Land Use Type Unit per Unit EDU Unit Neighborhood Parks Single-Family Detached Dwelling 1.00 $1,701 $1,701 Multi-Family Dwelling 0.70 $1,701 $1,191 Residential, up to 700 sq. ft. Dwelling 0.65 $1,701 $1,106 Residential, 701-1,200 sq. ft. Dwelling 0.87 $1,701 $1,480 Residential, 1,201-1,700 sq. ft. Dwelling 0.95 $1,701 $1,616 Residential, 1,701-2,200 sq. ft. Dwelling 0.96 $1,701 $1,633 Residential, over 2,200 sq. ft. Dwelling 1.07 $1,701 $1,820 Community Parks Single-Family Detached Dwelling 1.00 $2,017 $2,017 Multi-Family Dwelling 0.70 $2,017 $1,412 Residential, up to 700 sq. ft. Dwelling 0.65 $2,017 $1,311 Residential, 701-1,200 sq. ft. Dwelling 0.87 $2,017 $1,755 Residential, 1,201-1,700 sq. ft. Dwelling 0.95 $2,017 $1,916 Residential, 1,701-2,200 sq. ft. Dwelling 0.96 $2,017 $1,936 Residential, over 2,200 sq. ft. Dwelling 1.07 $2,017 $2,158 Source: EDUs per unit from Table 9; net cost per EDU is cost per EDU from Table 15. Parks Capital Expansion Fee Study Public Review Draft duncan|associates City of Fort Collins, Colorado 17 August 10, 2016 The updated park fees by unit size are compared to current fees in Table 17. The updated neighborhood park fees are lower and community park fees are higher. Total park fees (sum of neighborhood and community park fees) are somewhat higher than current fees. Table 17. Comparative Park Capital Expansion Fees Current Fee Updated Fee Fee Change Percent Land Use Type Unit per Unit per Unit per Unit Change Neighborhood Parks Residential, up to 700 sq. ft. Dwelling $1,262 $1,106 -$156 -12% Residential, 701-1,200 sq. ft. Dwelling $1,619 $1,480 -$139 -9% Residential, 1,201-1,700 sq. ft. Dwelling $1,788 $1,616 -$172 -10% Residential, 1,701-2,200 sq. ft. Dwelling $1,863 $1,633 -$230 -12% Residential, over 2,200 sq. ft. Dwelling $1,996 $1,820 -$176 -9% Community Parks Residential, up to 700 sq. ft. Dwelling $1,069 $1,311 $242 23% Residential, 701-1,200 sq. ft. Dwelling $1,373 $1,755 $382 28% Residential, 1,201-1,700 sq. ft. Dwelling $1,516 $1,916 $400 26% Residential, 1,701-2,200 sq. ft. Dwelling $1,580 $1,936 $356 23% Residential, over 2,200 sq. ft. Dwelling $1,692 $2,158 $466 28% Total Parks Residential, up to 700 sq. ft. Dwelling $2,331 $2,417 $86 4% Residential, 701-1,200 sq. ft. Dwelling $2,992 $3,235 $243 8% Residential, 1,201-1,700 sq. ft. Dwelling $3,304 $3,532 $228 7% Residential, 1,701-2,200 sq. ft. Dwelling $3,443 $3,569 $126 4% Residential, over 2,200 sq. ft. Dwelling $3,688 $3,978 $290 8% Source: Current fees from Table 1; updated fees from Table 16. Capital Expansion Fee Study Public Review Draft duncan|associates Fort Collins, Colorado 18 August 10, 2016 FIRE Fire protection and rescue service is provided in Fort Collins by the Poudre Fire Authority pursuant to an intergovernmental agreement. The fee is based on the total replacement cost of the Authority’s fire stations, apparatus, and administrative and training facilities, and the City’s share of total fire calls. The City collects the fees from new development in the city limits and provides the funds to the Fire Authority to be used for capacity-expanding improvements serving the city. This section calculates updated fire capital expansion fees. Service Units The two most common methodologies used in calculating public safety (fire and police) service units and impact fees are the “calls-for-service” approach and the “functional population” approach. The 1996 and 2013 studies used the functional population approach, and this update retains this methodology. This approach is a generally-accepted methodology for both fire and police impact fee types, and is based on the observation that demand for public safety facilities tends to be proportional to the presence of people. This approach generates service unit multipliers that are similar to those based on call data, but are more stable over time.4 The service unit is functional population. The description of the functional population methodology, the calculation of the service unit multipliers and the determination of existing fire and police service units are presented in Appendix B. Because fire rescue service is provided around-the-clock, 24-hour functional population is used as the service unit. Cost per Service Unit The cost per service unit to provide fire protection to new development is based on the current level of service provided to existing development. The level of service is quantified as the ratio of the replacement cost of existing fire capital facilities serving Fort Collins to existing fire service units in Fort Collins. The total replacement cost of all of the Poudre Fire Authority’s land, buildings and structures is summarized in Table 18. Two alternatives for building values are shown: current insured value or estimated construction cost. Either would be a reasonable basis for estimating building replacement value, with insured values being more conservative. 4 See Clancy Mullen, Fire and Police Demand Multipliers: Calls-for-Service versus Functional Population, proceedings of the National Impact Fee Roundtable, Arlington, VA, October 5, 2006 http://growthandinfrastructure.org/proceedings/ 2006_proceedings/fire%20police%20multipliers.pdf Fire Capital Expansion Fee Study Public Review Draft duncan|associates City of Fort Collins, Colorado 19 August 10, 2016 Table 18. Existing Fire Stations Building Land Insured Est. Constr. Facility Address Acres Sq. Feet Value Value Cost Fire Station #1 505 Peterson 0.54 8,516 $352,836 $2,534,191 $3,236,080 Fire Station #2 415 S. Bryan 0.31 4,376 $94,390 $865,364 $1,662,880 Fire Station #3 2000 Mathews 0.55 6,500 $167,466 $842,524 $2,470,000 Fire Station #4 1945 W. Drake 3.54 15,380 $741,714 $2,944,213 $5,844,400 Fire Station #5 4615 Hogan 1.18 8,773 $513,494 $2,069,440 $3,333,740 Fire Station #6 2511 Donella Ct. 1.70 11,267 $233,264 $2,277,078 $4,281,460 Fire Station #7 2817 N. Overalnd Trail 0.50 5,160 $152,242 $1,281,059 $1,331,280 Fire Station #8 4100 S. Main 0.20 15,449 $27,443 $5,797,819 $5,870,620 Fire Station #9 4903 Shoreline Dr. 1.90 4,670 $578,520 $782,502 $1,204,860 Fire Station #10 2067 Vermont 0.62 9,830 $330,838 $2,004,177 $3,735,400 Fire Station #11 16248 N. C.R. 25E n/a 1,200 n/a $128,915 $309,600 Fire Station #12 321 E. Country Club Rd. 1.09 9,800 $379,368 $2,041,626 $3,724,000 Fire Station #14 2109 Westchase Rd. 0.89 10,800 $348,528 $1,770,401 $4,104,000 Administration 102 Remington 0.60 8,375 $653,400 $2,817,971 $3,182,500 Training Center 3400 W. Vine 4.00 10,888 $548,856 $2,054,545 $3,266,400 Offices 3400 W. Vine n/a 10,134 n/a $1,144,091 $730,278 Fire Tower 3400 W. Vine n/a 3,152 n/a $592,551 $606,748 Burn Building 3400 W. Vine n/a 9,256 n/a $425,559 $383,906 Total 17.62 153,526 $5,122,359 $32,374,026 $49,278,152 Alternative Building Values Source: City of Fort Collins Finance Department, August 9, 2016; construction costs from City of Fort Collins, August 8, 2016 (construction cost of stations 7, 9 and 10 based on $257/sq. ft., which is cost of new station in Timnath). The portion of the total net replacement value of the Poudre Fire Authority’s land, capital facilities and equipment is based on the City’s share of the Authority’s total annual call volume. In 2015, 84% of the Authority’s calls for fire service originated within the City of Fort Collins, as shown in Table 19. Table 19. City Share of Call Volume Call Location 2015 Calls Percentage City of Fort Collins 16,044 84.0% Other 3,056 16.0% Total for Poudre Fire Authority 19,100 100.0% Source: Poudre Fire Authority, February 11, 2016. Fire Capital Expansion Fee Study Public Review Draft duncan|associates City of Fort Collins, Colorado 20 August 10, 2016 The Poudre Fire Authority’s fire stations, land, administrative buildings and capital equipment serving existing development in Fort Collins have a total estimated net replacement cost of $49.6 or $66.5 million, depending on whether buildings are valued at insured value or estimated current construction cost, as summarized in Table 20. The Poudre Fire Authority issued debt to finance its newest fire station in the city (Fire Station #4, which was completed in 2011) and is using the capital expansion fees to retire the debt. The amount of the outstanding principal on the debt represents capacity to serve future development, and this amount is excluded from the fee calculation. Multiplying the net replacement cost by the City’s share of total calls yields the net cost attributable to Fort Collins. Dividing the net cost of existing capital facilities and equipment attributable to Fort Collins by the City’s existing functional population results in a net cost of $315 or $422 per service unit, depending on whether insured values or estimated construction costs are used for the replacement value of buildings. Table 20. Existing Fire Cost per Service Unit Insur. Value Constr. Cost Fire Facility Building Replacement Cost $32,374,026 $49,278,152 Fire Facility Land Cost $5,122,359 $5,122,359 Fire Vehicle Replacement Cost $14,126,633 $14,126,633 Total Replacement Cost $51,623,018 $68,527,144 – Outstanding Station 4 Lease Purchase Payments -$2,043,237 -$2,043,237 Net Replacement Cost $49,579,781 $66,483,907 x City Share of Fire District Calls 84.0% 84.0% Net Replacement Cost Attributable to City $41,647,016 $55,846,482 ÷ Existing Functional Population (24-Hour) 157,626 157,626 Net Cost per Functional Population $315 $422 Alternative Building Values Source: Building cost and land value from Table 18; vehicle replacement cost and outstanding capital lease from Poudre Fire Authority, March 24, 2016; City share of calls from Table 19; existing 24-hour functional population from Table 45. Net Cost per Service Unit Impact fees should be reduced in order to account for other types of revenue that will be generated by new development and used to fund capacity-expanding improvements of the same type as those to be funded by the impact fees. Cases in which such a credit is warranted include funding of existing deficiencies and outstanding debt payments on existing facilities. Because the fees have been based on the existing level of service, there are no deficiencies. While there is some debt on existing facilities, as noted above, this debt has been excluded from the value of the facilities used in determining the existing level of service, and the Poudre Fire Authority can continue to use the updated capital expansion fees to retire the debt on Fire Station 4. Fire Capital Expansion Fee Study Public Review Draft duncan|associates City of Fort Collins, Colorado 21 August 10, 2016 Potential Fees The maximum fire capital expansion fees that may be adopted by the City based on this study are determined by multiplying the number of service units generated by a unit of development by the net cost per service unit. The resulting fee schedule is presented in Table 21. Two alternative fee schedules are calculated: one using the District’s insured values of buildings, and the other using estimated construction costs. In addition, two residential fee options are shown: fees by housing type (single-family and multi-family) and fees by unit size. Table 21. Potential Fire Capital Expansion Fees Func. Pop. Land Use Type Unit per Unit Insured Constr. Insured Constr. Single-Family Detached Dwelling 1.84 $315 $422 $580 $776 Multi-Family Dwelling 1.29 $315 $422 $406 $544 Residential, up to 700 sq. ft. Dwelling 1.19 $315 $422 $375 $502 Residential, 701-1,200 sq. ft. Dwelling 1.61 $315 $422 $507 $679 Residential, 1,201-1,700 sq. ft. Dwelling 1.75 $315 $422 $551 $739 Residential, 1,701-2,200 sq. ft. Dwelling 1.78 $315 $422 $561 $751 Residential, over 2,200 sq. ft. Dwelling 1.98 $315 $422 $624 $836 Commercial 1,000 sq. ft. 1.50 $315 $422 $473 $633 Industrial/Warehouse 1,000 sq. ft. 0.35 $315 $422 $110 $148 Net Cost/Func. Pop. Net Cost/Unit Source: Functional population (24-hour) per unit from Table 43 and Table 45 in Appendix B; net cost per functional population from Table 20. Table 22 compares the current fire fees with the updated fire fees (using the residential option of fees by housing type). The updated fees are higher than current fees under both of the two alternatives for estimating the replacement cost of existing buildings, but the increase is much greater using estimated current construction costs, versus using the Authority’s insured values. Table 22. Comparative Fire Fees Current Fee Land Use Type Unit per Unit Insured Constr. Insured Constr. Residential, up to 700 sq. ft. Dwelling $272 $375 $502 38% 85% Residential, 701-1,200 sq. ft. Dwelling $346 $507 $679 47% 96% Residential, 1,201-1,700 sq. ft. Dwelling $384 $551 $739 43% 92% Residential, 1,701-2,200 sq. ft. Dwelling $399 $561 $751 41% 88% Residential, over 2,200 sq. ft. Dwelling $427 $624 $836 46% 96% Commercial 1,000 sq. ft. $329 $473 $633 44% 92% Industrial/Warehouse 1,000 sq. ft. $78 $110 $148 41% 90% Updated Fee/Unit Percent Change Source: Current fees from Table 1; updated fees from Table 21. Capital Expansion Fee Study Public Review Draft duncan|associates Fort Collins, Colorado 22 August 10, 2016 POLICE The City of Fort Collins Police Department provides police protection throughout the city. This section calculates updated police capital expansion fees. Service Units The two most common methodologies used in calculating public safety (fire and police) service units and impact fees are the “calls-for-service” approach and the “functional population” approach. The 1996 and 2013 studies used the functional population approach, and this update retains this methodology. This approach is a generally-accepted methodology for both fire and police impact fee types, and is based on the observation that demand for public safety facilities tends to be proportional to the presence of people. This approach generates service unit multipliers that are similar to those based on call data, but are more stable over time. The service unit is functional population. The description of the functional population methodology, the calculation of the service unit multipliers and the determination of existing fire and police service units are presented in Appendix B. The appendix calculates both 24-hour and daytime functional population. Because police services are provided around-the-clock, 24-hour functional population is used as the service unit. Cost per Service Unit The cost per service unit to provide police protection to new development is based on the existing level of service provided to existing development. The level of service is quantified as the ratio of the replacement cost of existing police capital facilities to existing police service units. The estimated replacement values of existing police buildings and land are shown in Table 23. Two alternatives for building values are shown: current insured value and estimated construction cost. Either would be a reasonable basis for estimating building replacement value, with insured values being more conservative. Table 23. Police Building and Land Cost Land Building Facility Address Acres Value Sq. Feet Insur. Value Constr. Cost Police Headquarters 2221 S Timberline 7.53 $1,967,779 98,878 $20,548,500 $39,551,200 Indoor Shooting Range 2554 Midpoint 0.80 $109,771 7,580 $608,361 $2,274,000 Total 8.33 $2,077,550 106,458 $21,156,861 $41,825,200 Alternative Building Values Source: City of Fort Collins, July 27, 2016 and August 8, 2016. The City’s recently-completed new police station was built with some excess capacity to serve future growth. According to the City, approximately 20% of the building represents excess capacity. Consequently, only 80% of the cost will be included in determining the current level of service (cost per service unit) for existing development. Including vehicles and equipment, the portion of the City’s existing police facilities serving existing development has a total estimated replacement cost of $33.7 million if insured values are used for buildings, or $50.3 million if construction costs are used, as summarized in Table 24. Dividing the cost of existing capital facilities and equipment serving existing Police Capital Expansion Fee Study Public Review Draft duncan|associates City of Fort Collins, Colorado 23 August 10, 2016 development by existing service units results in a cost of $214 per functional population if insured values are used to estimate building replacement cost, or $319 if estimated construction costs are used. Table 24. Police Cost per Service Unit Insur. Value Constr. Cost Police Building Cost (80%) $16,925,489 $33,460,160 Police Land Value (80%) $1,662,040 $1,662,040 Telephone/Electronic Equipment Value $6,245,310 $6,245,310 Police Vehicle Replacement Value $8,909,679 $8,909,679 Total Police Facility/Equipment Value $33,742,518 $50,277,189 ÷ Existing Functional Population (24-Hour) 157,626 157,626 Police Cost per Functional Population $214 $319 Alternative Building Values Source: Building and land costs are 80% of total replacement values from Table 23; vehicle replacement value from fixed asset listings and telephone and electronic data processing equipment cost from insured values from City of Fort Collins, February 11, 2016; existing functional population from Table 45. Net Cost per Service Unit Impact fees should be reduced in order to account for other types of revenues that will be generated by new development and used to fund capacity-expanding improvements of the same type as those to be funded by the impact fees. Cases in which such an offset is warranted include funding of existing deficiencies and outstanding debt payments on existing facilities. Since the updated fees are based on the existing level of service, there are no existing deficiencies. The City has some outstanding debt on the police station, as well as outstanding capital lease payments on some vehicles. A relatively simple way to calculate a credit for outstanding debt is to divide the debt by the number of existing service units. This places new development on an equal footing with existing development in terms of the proportion of their costs that are funded through debt. Since 20% of the new police station represents excess capacity available to serve, only 80% of the debt is eligible for credit. The other 20% of the debt represents the cost of facilities that will serve future development, and this portion of the debt service could be retired with police capital expansion fees. As shown in Table 25, the police debt credit is $121 per functional population. Table 25. Police Debt Credit Outstanding Debt on Police Station (80%) $16,165,374 Outstanding Vehicle Capital Lease Payments $2,847,269 Total Police Facility Debt $19,012,643 ÷ Existing Functional Population (24-Hour) 157,626 Police Debt Credit per Functional Population $121 Source: Outstanding debt and capital lease payments from City of Fort Collins, February 25, 2016; existing functional population from Table 45 in Appendix B. The credit for outstanding debt is subtracted from the cost per service unit to determine the net cost per service unit (see Table 26 below). The net cost per service unit is $93 if insured values are used to approximate building replacement costs, and $198 if estimated construction costs are used. Police Capital Expansion Fee Study Public Review Draft duncan|associates City of Fort Collins, Colorado 24 August 10, 2016 Table 26. Police Net Cost per Service Unit Insur. Value Constr. Cost Police Cost per Functional Population $214 $319 – Police Debt Credit per Functional Population -$121 -$121 Net Police Cost per Functional Population $93 $198 Alternative Building Values Source: Cost per functional population from Table 24; debt credit from Table 25. Potential Fees The maximum police capital expansion fees that may be adopted by the City based on this study are the product of the number of service units generated by a unit of development and the net cost per service unit calculated above. The resulting fee schedule is presented in Table 27. Two alternative fee schedules are calculated: one using the District’s insured values of buildings, and the other using estimated construction costs. In addition, two residential fee options are shown: fees by housing type (single-family and multi-family) and fees by unit size. Table 27. Potential Police Capital Expansion Fees Func. Pop. Land Use Type Unit per Unit Insured Constr. Insured Constr. Single-Family Detached Dwelling 1.84 $93 $198 $171 $364 Multi-Family Dwelling 1.29 $93 $198 $120 $255 Residential, up to 700 sq. ft. Dwelling 1.19 $93 $198 $111 $236 Residential, 701-1,200 sq. ft. Dwelling 1.61 $93 $198 $150 $319 Residential, 1,201-1,700 sq. ft. Dwelling 1.75 $93 $198 $163 $347 Residential, 1,701-2,200 sq. ft. Dwelling 1.78 $93 $198 $166 $352 Residential, over 2,200 sq. ft. Dwelling 1.98 $93 $198 $184 $392 Commercial 1,000 sq. ft. 1.50 $93 $198 $140 $297 Industrial/Warehouse 1,000 sq. ft. 0.35 $93 $198 $33 $69 Net Cost/Func. Pop. Net Cost/Unit Source: Functional population (24-hour) per unit from Table 43 and Table 45 in Appendix B; net cost from Table 26. Table 28 compares the current police fees with the updated fees (using the residential option of fees by housing type). The updated fees are lower than current fees if insured values are used as the basis for building replacement cost, and higher if construction costs are used. Table 28. Comparative Police Fees Current Fee Land Use Type Unit per Unit Insured Constr. Insured Constr. Residential, up to 700 sq. ft. Dwelling $137 $111 $236 -19% 72% Residential, 701-1,200 sq. ft. Dwelling $173 $150 $319 -13% 84% Residential, 1,201-1,700 sq. ft. Dwelling $192 $163 $347 -15% 81% Residential, 1,701-2,200 sq. ft. Dwelling $200 $166 $352 -17% 76% Residential, over 2,200 sq. ft. Dwelling $214 $184 $392 -14% 83% Commercial 1,000 sq. ft. $165 $140 $297 -15% 80% Industrial/Warehouse 1,000 sq. ft. $40 $33 $69 -18% 73% Updated Fee/Unit Percent Change Source: Current fees from Table 1; updated fees from Table 27. Capital Expansion Fee Study Public Review Draft duncan|associates Fort Collins, Colorado 25 August 10, 2016 GENERAL GOVERNMENT The City provides a number of administrative facilities that will need to be expanded as the community grows. To ensure that new development pays its fair share of the cost of these facilities, the City charges a general government capital expansion fee. This section calculates updated general government capital expansion fees. Service Units One of the most common methodologies used in calculating general government impact fees is the “functional population” approach. This allocates the cost of growth to different types of new development based on the presence of people at the site of the land use. The description of the functional population methodology, the calculation of the service unit multipliers and the determination of existing general government service units are presented in Appendix B. Because many general government facilities do not provide service around-the-clock, daytime functional population is used, rather than the 24-hour function population used for fire and police. Cost per Service Unit The City’s existing general government facilities and estimated replacement costs are summarized in Table 29. Two alternatives for building values are shown: current insured value and estimated construction cost. Either would be a reasonable basis for estimating building replacement value, with insured values being more conservative. Table 29. Existing General Government Facilities Land Building Facility Address Acres Value Sq. Feet Insur. Value Constr. Cost City Hall 300 Laporte Ave 2.00 $56,164 31,553 $9,640,744 $12,621,200 OPS Service Facility 300 Laporte Bldg B n/a n/a 26,564 $4,548,056 $5,976,900 Main Administration Bldg. 281 N. College 0.75 $21,061 37,603 $7,717,672 $15,041,200 City Office Building 215 N. Mason 2.00 $56,164 71,500 $10,760,318 $28,600,000 Streets Office/Storage 625 Ninth St 11.72 $329,120 51,300 $5,528,072 $12,825,000 Storage Building 518 N. Loomis 1.20 $156,816 10,050 $906,513 $2,261,250 Offices 321 Maple n/a n/a 1,954 $313,341 $439,650 Traffic Control 626 Linden 3.20 $3,484,800 9,500 $2,836,581 $3,800,000 Total 20.87 $4,104,125 240,024 $42,251,297 $81,565,200 Alternative Building Values Source: City of Fort Collins, August 8, 2016. The existing level of service (cost per service unit) is determined by dividing the replacement cost of existing facilities by the existing service units being served by those facilities. As shown in Table 30, the cost per service unit for general government facilities is $432 per functional population if insured values are used to estimate building replacement cost, or $683 if estimated construction costs are used. General Government Capital Expansion Fee Study Public Review Draft duncan|associates City of Fort Collins, Colorado 26 August 10, 2016 Table 30. General Government Cost per Service Unit Insur. Value Constr. Cost Building Replacement Value $42,251,297 $81,565,200 Land Value $4,104,125 $4,104,125 Electronic Data Processing Equpment Value $8,861,429 $8,861,429 Streets Vehicle/Equipment Value $12,459,578 $12,459,578 Total Replacement Cost $67,676,429 $106,990,332 ÷ Existing Functional Population (Daytime) 156,636 156,636 Cost per Functional Population $432 $683 Alternative Building Values Source: Building and land replacement costs from Table 29; EDP equipment value from insured values; streets vehicle-equipment value is sum of original costs from City fixed asset listings, February 17, 2016; existing functional population from Table 45 in Appendix B. Net Cost per Service Unit Impact fees should be reduced in order to account for other types of revenues that will be generated by new development and used to fund capacity-expanding improvements of the same type as those to be funded by the impact fees. Cases in which such an offset is warranted include funding of existing deficiencies and outstanding debt payments on existing facilities. Since the updated fees are based on the existing level of service, there are no existing deficiencies. The City has some outstanding debt on general government facilities. A relatively simple way to calculate a credit for outstanding debt is to divide the debt by the number of existing service units. This places new development on an equal footing with existing development in terms of the proportion of their costs that are funded through debt. As shown in Table 31, the debt credit is $38 per functional population. Table 31. General Government Debt Credit 2012 COPS - Streets Salt Storage $1,055,000 Capital Lease - Rolling Stock, Heavy Equipment $4,944,079 Outstanding General Government Debt $5,999,079 ÷ Existing Functional Population (Daytime) 156,636 Debt Credit per Functional Population $38 Source: Outstanding debt principal from City of Fort Collins, February 25, 2016; existing functional population from Table 45 in Appendix B. The credit for outstanding debt is subtracted from the cost per service unit to determine the net cost per service unit, as shown in Table 32. Table 32. General Government Net Cost per Service Unit Insur. Value Constr. Cost Cost per Functional Population $432 $683 – Debt Credit per Functional Population -$38 -$38 Net Cost per Functional Population $394 $645 Alternative Building Values Source: Cost per functional population from Table 24; debt credit from Table 25. General Government Capital Expansion Fee Study Public Review Draft duncan|associates City of Fort Collins, Colorado 27 August 10, 2016 Potential Fees The maximum general government capital expansion fees that may be adopted by the City based on this study are determined by multiplying the number of service units generated by a unit of development by the net cost per service unit calculated above. The resulting fee schedule is presented in Table 33. Two alternative fee schedules are calculated: one using the District’s insured values of buildings, and the other using estimated construction costs. In addition, two residential fee options are shown: fees by housing type (single-family and multi-family) and fees by unit size. Table 33. Potential General Government Capital Expansion Fees Func. Pop. Land Use Type Unit per Unit Insured Constr. Insured Constr. Single-Family Detached Dwelling 1.38 $394 $645 $544 $890 Multi-Family Dwelling 0.97 $394 $645 $382 $626 Residential, up to 700 sq. ft. Dwelling 0.89 $394 $645 $351 $574 Residential, 701-1,200 sq. ft. Dwelling 1.20 $394 $645 $473 $774 Residential, 1,201-1,700 sq. ft. Dwelling 1.31 $394 $645 $516 $845 Residential, 1,701-2,200 sq. ft. Dwelling 1.33 $394 $645 $524 $858 Residential, over 2,200 sq. ft. Dwelling 1.48 $394 $645 $583 $955 Commercial 1,000 sq. ft. 2.25 $394 $645 $887 $1,451 Industrial/Warehouse 1,000 sq. ft. 0.53 $394 $645 $209 $342 Net Cost/Func. Pop. Net Cost/Unit Source: Functional population (daytime) per unit from Table 43 and Table 45 in Appendix B; net cost per functional population from Table 32. Table 34 compares the current general government capital expansion fees with the updated fees (using the residential fee option by unit size). The updated fees are lower than current fees if insured values are used as the basis for building replacement cost, and higher if construction costs are used. Table 34. Comparative General Government Fees Current Fee Land Use Type Unit per Unit Insured Constr. Insured Constr. Residential, up to 700 sq. ft. Dwelling $321 $351 $574 9% 79% Residential, 701-1,200 sq. ft. Dwelling $410 $473 $774 15% 89% Residential, 1,201-1,700 sq. ft. Dwelling $452 $516 $845 14% 87% Residential, 1,701-2,200 sq. ft. Dwelling $473 $524 $858 11% 81% Residential, over 2,200 sq. ft. Dwelling $507 $583 $955 15% 88% Commercial 1,000 sq. ft. $780 $887 $1,451 14% 86% Industrial/Warehouse 1,000 sq. ft. $183 $209 $342 14% 87% Updated Fee/Unit Percent Change Source: Current fees from Table 1; updated fees from Table 33. Capital Expansion Fee Study Public Review Draft duncan|associates Fort Collins, Colorado 28 August 10, 2016 APPENDIX A: HOUSING DATA Existing Housing Units by Type The mix of housing units by type in Fort Collins cam be estimated based on the distribution of units from sample data collected by the U.S. Census Bureau. These data indicate that there has been little change in the distribution of units by housing type since 2000, as summarized in Table 35. Table 35. Dwelling Unit Distribution by Housing Type, 2000-Current Housing Type 2000 Current 2000 Current Single-Family Detached 26,706 33,488 55.9% 56.3% Single-Family Attached 3,613 5,260 7.6% 8.8% Multi-Family 16,163 19,179 33.8% 32.2% Mobile Home 1,284 1,591 2.7% 2.7% Total 47,766 59,518 100.0% 100.0% Single-Family Detached/Mobile Home 27,990 35,079 58.6% 58.9% Multi-Family/Single-Family Attached 19,776 24,439 41.4% 41.1% Total Units % of Total Units Source: 2000 units from 2000 US Census SF3 1-in-6 sample data; most current data from 5% sample data from US Census, American Community Survey, collected in 2009-2014 (all data from US Census American FactFinder website). The current number of dwelling units in Fort Collins by housing type is estimated based on the total number of units enumerated in the 2010 census, the current distribution of units from the previous table, and the number of building permits issued by the City over the last six years, as shown in Table 36. Table 36. Dwelling Units by Housing Type, Fort Collins, 2016 Housing Est. 2010 2010-2015 Est. 2016 Housing Type Share Units Permits Units Single-Family Detached/MH 58.9% 35,636 2,386 38,022 Multi-Family/SF Attached 41.1% 24,867 3,505 28,372 Total 100.0% 60,503 5,891 66,394 Source: Housing shares from Table 35; 2010 total units from 2010 Census, 2010 units by housing type estimated based on housing share; 2010-2015 permits are number of permits issued by City in 2010 through 2015 calendar years from City of Fort Collins, February 16, 2016. Average Household Size by Housing Type A key input into impact fee analysis is the average number of people residing in different types of dwelling units. This statistic, known as average household size, is the ratio of household population to households (households are the same as occupied dwelling units). The most reliable data on average household size comes from the decennial census counts. However, these 100%-count data are only available for all housing units, with no distinction by housing type. Overall, the trend between the 2000 and 2010 census was one of a slight decline in overall average household size, as can be seen in Table 37. Appendix A: Housing Data Capital Expansion Fee Study Public Review Draft duncan|associates City of Fort Collins, Colorado 29 August 10, 2016 Table 37. Average Household Size, 2000 and 2010 Total Occupied Household Average Housing Type Units Units Population HH Size All Housing Types, 2000 47,755 45,882 112,597 2.45 All Housing Types, 2010 60,503 57,829 136,901 2.37 Source: 2000 and 2010 US Census for Fort Collins, CO, SF1 (100% counts). The 2000 Census included a robust 1-in-6 sample (about 17%) of housing units that included information on housing type. The 2000 Census data on average household size in Fort Collins is summarized in Table 38. Average household sizes for various combinations of housing types are shown in the last three rows. Table 38. Average Household Size by Housing Type, 2000 Total Occupied Household Average Housing Type Units Units Population HH Size Single-Family Detached 26,706 25,941 73,943 2.85 Single-Family Attached 3,613 3,464 7,031 2.03 Multi-Family 16,163 15,190 28,522 1.88 Mobile Home 1,284 1,233 2,880 2.34 Total 47,766 45,828 112,376 2.45 Single-Family Detached/Att./MH 31,603 30,638 83,854 2.74 Multi-Family/Single-Family Att. 19,776 18,654 35,553 1.91 Single-Family Detached//MH 27,990 27,174 76,823 2.83 Source: 2000 U.S. Census for Fort Collins, C), SF-3 data (1-in-6 sample data). Unfortunately, in 2010 the Census Bureau has discontinued providing robust sample data as part of the decennial census, and instead collects annual data from 1% samples, which has been aggregated into a 5% sample for the 2009-2014 period. These data are based on a much smaller sample than the 2000 census, and also collapse single-family detached and attached housing into the same category. They are shown in Table 39. Table 39. Average Household Size by Housing Type, Current Total Occupied Household Average Housing Type Units Units Population HH Size Single-Family Detached/Att./MH 40,339 39,088 103,953 2.66 Multi-Family 19,179 18,058 34,864 1.93 Total 59,518 57,146 138,817 2.43 Source: US Census Bureau, 2009-2014 American Community Survey data (5% sample) for Fort Collins, CO from American FactFinder website. The changes in average household sizes by housing type from the 2000 Census to the most current sample data indicate that single-family units have experienced a small reduction in household size, while multi-family units have seen an even smaller increase, as shown in Table 40. Table 40. Change in Average Household Size by Type, 2000-Current Percent Housing Type 2000 Current Change Single-Family, Detached/Attached/MH 2.74 2.66 -2.92% Multi-Family 1.91 1.93 1.05% Total 2.45 2.43 -0.82% Average HH Size Source: 2000 data from Table 38; current data from Table 39. Appendix A: Housing Data Capital Expansion Fee Study Public Review Draft duncan|associates City of Fort Collins, Colorado 30 August 10, 2016 Average household sizes by housing type from the 2000 Census are adjusted by the percentage change from the previous table to estimate current average occupancies, shown in Table 41. Table 41. Average Household Size by Housing Type, 2016 2000 Percent Estimated Housing Type AHHS Change AHHS 2016 Single-Family Detached/Mobile Home 2.83 -2.92% 2.75 Multi-Family/Single-Family Attached 1.91 1.05% 1.93 Source: 2000 average household size from Table 38; percent change from Table 40. Average Household Size by Unit Size In the 2013 study, average household size by dwelling unit size was estimated using regional data from the American Housing Survey, sponsored by the U.S. Department of Housing and Urban Development and conducted by the U.S. Census Bureau. The most recent survey, completed in 2013, was not available at the time of the 2013 study. This survey provides data on the number of residents and the square footage of a sample of individual housing units. The data from the Western Census Region, which includes Colorado, was used. Average household sizes by dwelling unit size from the western U.S. were converted to Equivalent Dwelling Units (EDUs), with one EDU representing the average number of persons residing in an occupied single-family detached unit. These EDU multipliers were then multiplied by the average household size of a single-family unit in Fort Collins to estimate local average household sizes by dwelling unit size, as summarized in Table 42. Table 42. Average Household Size by Dwelling Unit Size, Western U.S., 2013 -/2013-ahs-metropolitan-puf-microdata.html Ft. Collins House- Avg. EDUs/ Avg. HH Housing Type/Size Sample HH Pop. Holds HH Size Unit Size 0-700 sf 1,374 5,132,892 2,757,716 1.86 0.648 1.78 701-1,200 sf 3,011 18,273,825 7,314,554 2.50 0.871 2.40 1,201-1,700 sf 2,205 15,442,616 5,670,694 2.72 0.948 2.61 1,701-2,200 sf 1,559 11,070,145 3,996,864 2.77 0.965 2.65 2,200 sf + 1,881 15,170,463 4,923,946 3.08 1.073 2.95 All Units 10,030 65,089,942 24,663,774 n/a n/a n/a All Single-Family Det. 5,986 44,650,330 15,539,758 2.87 1.000 2.75 American Housing Survey, 2013 Source: U.S. Department of Housing and Urban Development, American Housing Survey, 2013, Western Census Region; Fort Collins average household size by unit size based on average household size for a single- family detached unit in Fort Collins from Table 41 and EDUs/unit from the American Housing Survey. The updated average household sizes confirm the tendency of larger units to have more residents, as illustrated in Figure 2. The smallest size units, and units in the 1,701-2,200 range, experienced small decreases in average household size compared to the 2013 study. Appendix A: Housing Data Capital Expansion Fee Study Public Review Draft duncan|associates City of Fort Collins, Colorado 31 August 10, 2016 Figure 2. Average Household Size by Unit Size, 2013 and 2016 Capital Expansion Fee Study Public Review Draft duncan|associates Fort Collins, Colorado 32 August 10, 2016 APPENDIX B: FUNCTIONAL POPULATION A common methodology used in calculating public safety (fire and police) and general government service units and impact fees is the “functional population” approach. This approach is a generally- accepted methodology for these impact fee types and is based on the observation that demand for public safety and general government facilities tends to be proportional to the presence of people at a particular site. Functional population is analogous to the concept of “full-time equivalent” employees. It represents the number of “full-time equivalent” people present at the site of a land use, and it is used for the purpose of determining the impact of a particular development on the need for facilities. For residential development, functional population is simply average household size times the percent of time people spend at home. For nonresidential development, functional population is based on a formula that factors trip generation rates, average vehicle occupancy and average number of hours spent by visitors at a land use. Two types of functional population are used in impact fee analysis: “24-hour” functional population and “daytime” functional population. 24-hour functional population is most appropriate for services, like fire and police protection, that operate on a 24-hour per day basis. Daytime functional population is more appropriate for general government facilities, which do not operate around the clock. Residential Functional Population For residential land uses, the impact of a dwelling unit on the need for capital facilities is generally proportional to the number of persons residing in the dwelling unit. This can be measured for different housing types in terms of either average household size (average number of persons per occupied dwelling unit) or persons per unit (average number of persons per dwelling unit, including vacant as well as occupied units). In this analysis, average household size is used to develop the functional population multipliers, as it avoids the need to make assumptions about occupancy rates. Determining residential functional population multipliers is considerably simpler than the nonresidential component. It is estimated that people, on average, spend 16 hours, or 67 percent, of each 24-hour weekday at their place of residence and the other 33 percent away from home. For daytime functional population, a 16-hour day is used, and it is estimated that people spend half of the 16-hour day at home. The functional population per unit for residential uses is shown in Table 43. Appendix B: Functional Population Capital Expansion Fee Study Public Review Draft duncan|associates City of Fort Collins, Colorado 33 August 10, 2016 Table 43. Functional Population per Unit for Residential Uses Average Housing Type Unit HH Size 24-Hour Daytime 24-Hour Daytime Single-Family Detached Dwelling 2.75 0.67 0.50 1.84 1.38 Multi-Family Dwelling 1.93 0.67 0.50 1.29 0.97 Residential, up to 700 sq. ft. Dwelling 1.78 0.67 0.50 1.19 0.89 Residential, 701-1,200 sq. ft. Dwelling 2.40 0.67 0.50 1.61 1.20 Residential, 1,201-1,700 sq. ft. Dwelling 2.61 0.67 0.50 1.75 1.31 Residential, 1,701-2,200 sq. ft. Dwelling 2.65 0.67 0.50 1.78 1.33 Residential, over 2,200 sq. ft. Dwelling 2.95 0.67 0.50 1.98 1.48 Occupancy Func. Pop. Per Unit Source: Average household size from Table 41 (housing type) and Table 42 (unit size). Nonresidential Functional Population The functional population methodology for nonresidential land uses is based on trip generation and employee density data. Functional population per 1,000 square feet is derived by dividing the total number of hours spent by employees and visitors during a week day by 24 hours (16 hours for daytime functional population). Employees are estimated to spend 8 hours per day at their place of employment, and visitors are estimated to spend one hour per visit. The formulas used to derive the nonresidential functional population estimates are summarized in Figure 3. Figure 3. Nonresidential Functional Population Formulas 24-HR FUNCPOP/UNIT = (employee hours/1000 sf + visitor hours/1000 sf) ÷ 24 hours/day Where: Employee hours/1000 sf = employees/1000 sf x 8 hours/day Visitor hours/1000 sf = visitors/1000 sf x 1 hour/visit Visitors/1000 sf = weekday ADT/1000 sf x avg. vehicle occupancy – employees/1000 sf Weekday ADT/1000 sf = one-way avg. daily trips (total trip ends ÷ 2) DAYTIME FUNCPOP/UNIT = (employee hours/1000 sf + visitor hours/1000 sf) ÷ 16 hours/day Where: Employee hours/1000 sf = employees/1000 sf x 8 hours/day Visitor hours/1000 sf = visitors/1000 sf x 1 hour/visit Visitors/1000 sf = weekday ADT/1000 sf x avg. vehicle occupancy – employees/1000 sf Weekday ADT/1000 sf = one-way avg. daily trips (total trip ends ÷ 2) Appendix B: Functional Population Capital Expansion Fee Study Public Review Draft duncan|associates City of Fort Collins, Colorado 34 August 10, 2016 Using this formula and information on trip generation rates, vehicle occupancy rates, and employee density, nonresidential functional population estimates per 1,000 square feet of gross floor area are calculated in Table 44. Table 44. Functional Population per Unit for Nonresidential Uses Trip Persons/ Employee/ Visitors/ Land Use Unit Rate Trip Unit Unit 24-Hour Daytime Retail 1,000 sq. ft. 21.35 1.96 1.02 40.83 2.04 3.06 Office 1,000 sq. ft. 5.52 1.24 2.31 4.53 0.96 1.44 Industrial 1,000 sq. ft. 3.42 1.24 1.05 3.19 0.48 0.72 Warehouse 1,000 sq. ft. 1.78 1.24 0.43 1.78 0.22 0.33 Func. Pop. Per Unit Source: Trip rates based on one-half of average daily trip rate from ITE, Trip Generation, 9th ed., 2012 (retail based on shopping center, office based on general office, industrial based on industrial park); persons/trip is average vehicle occupancy from Federal Highway Administration, Nationwide Household Travel Survey, 2009; employees/unit from U.S. Department of Energy, Commercial Buildings Energy Consumption Survey, 2003; visitors/unit is trips times persons/trip minus employees/unit; functional population/unit calculated based on formula from Figure 3. Total Functional Population The total functional population of Fort Collins is determined by multiplying the number of existing units of development by the functional population per unit, as shown in Table 45. Table 45. Existing Functional Population Existing Land Use Unit Units 24-Hour Daytime 24-Hour Daytime Single-Family Detached Dwelling 38,022 1.84 1.38 69,960 52,470 Multi-Family Dwelling 28,372 1.29 0.97 36,600 27,521 Commercial/Institutional 1,000 sq. ft. 31,891 1.50 2.25 47,837 71,755 Industrial/Warehouse 1,000 sq. ft. 9,226 0.35 0.53 3,229 4,890 Total Functional Population 157,626 156,636 Func. Pop./Unit Total Func. Pop. Source: Existing dwelling units from Table 36; existing nonresidential building square footage from Larimer County Assessor’s Office, February 16, 2016; functional population per unit from Table 43 and Table 44 (commercial/ institutional is average of retail and office; industrial/warehouse is average of industrial and warehouse). Capital Expansion Fee Study Public Review Draft duncan|associates Fort Collins, Colorado 35 August 10, 2016 APPENDIX C: COMPARATIVE FEE SURVEY This section presents the results of a survey of impact fees charged by four Colorado cities that Fort Collins considers to be “peer” cities. The comparison cities are Loveland, Greeley, Longmont and Boulder. The survey includes all impact fees or similar charges, including capital expansion fees, plant investment fees, development excise taxes and fees in lieu of land dedication. Connection fees for electrical power were excluded, because these charges would not be counted for cities served by private electric utilities. Fees were surveyed for five land use types. The following assumptions were used for the various land uses. Single-family detached: 2,000 square foot, 3-bedroom unit; 8,000 square foot lot Multi-family: 1,000 square foot, 2-bedroom unit; 12 units per acre; five 2” domestic water meters and two 2” irrigation meters to serve a 240-unit apartment complex Shopping center: 100,000 square foot center; floor-area ratio of 0.15; one 3” water meter General office: 100,000 square foot center; floor-area ratio of 0.25; one 3” water meter Light industrial: 100,000 square foot building; floor-area ratio of 0.15; one 3” water meter Table 46. Current Fees, City of Fort Collins Gen. Storm Land Use Type Unit Park Fire Police Gov't Roads Water Sewer Water School Total Single-Family Det. Dwelling $3,443 $399 $200 $473 $3,414 $3,558 $3,500 $1,509 $1,546 $18,042 Multi-Family Dwelling $2,992 $346 $173 $410 $2,373 $1,411 $2,520 $685 $916 $11,826 Shopping Center 1,000 sq. ft. $0 $329 $165 $780 $11,096 $1,291 $1,048 $1,258 $0 $15,967 Office, General 1,000 sq. ft. $0 $329 $165 $780 $4,088 $1,291 $1,048 $755 $0 $8,456 Light Industrial 1,000 sq. ft. $0 $78 $40 $183 $2,477 $1,291 $1,048 $1,258 $0 $6,375 Notes: School fee is fee in lieu of land dedication (average for the two school districts) Source: City of Fort Collins website; roads includes Larimer County regional transportation fee from http://larimer.org/building/2015- TCEF-Calculation-and-Schedule-Form.pdf. Table 47. Current Fees, City of Loveland Parks/ Gen. Storm Lib./ Land Use Type Unit Trails Fire Police Gov't Roads Water Sewer Water Cult. School Total Single-Family Det. Dwelling $6,562 $895 $881 $1,092 $2,519 $7,000 $6,700 $505 $1,335 $1,382 $28,871 Multi-Family Dwelling $4,560 $622 $613 $759 $1,760 $1,609 $1,540 $367 $928 $946 $13,704 Shopping Center 1,000 sq. ft. $0 $300 $390 $420 $7,730 $1,569 $1,502 $673 $0 $0 $12,584 Office, General 1,000 sq. ft. $0 $300 $390 $420 $3,470 $1,569 $1,502 $404 $0 $0 $8,055 Light Industrial 1,000 sq. ft. $0 $30 $50 $60 $1,840 $1,569 $1,502 $758 $0 $0 $5,809 Notes: Water fee includes water plant investment fee and raw water development fee; school fee in lieu of dedication Source: Communication with Alan Krcmarik, Executive Financial Advisor, April 18, 2016. Appendix C: Comparative Fee Survey Capital Expansion Fee Study Public Review Draft duncan|associates City of Fort Collins, Colorado 36 August 10, 2016 Table 48. Current Fees, City of Greeley Waste- Land Use Unit Park Trails Fire Police Roads Drain Water Water Total Single-Family Det. Dwelling $2,832 $392 $845 $122 $3,793 $355 $11,000 $5,150 $20,298 Multi-Family Dwelling $2,124 $295 $409 $92 $2,499 $255 $5,500 $2,575 $10,829 Retail 1,000 sq. ft. $0 $0 $667 $149 $5,021 $457 $1,282 $603 $7,363 Office 1,000 sq. ft. $0 $0 $313 $70 $4,440 $274 $1,282 $603 $6,599 Industrial 1,000 sq. ft. $0 $0 $124 $28 $1,536 $457 $1,282 $603 $3,878 Source: City of Greeley, Development Impact Fee Schedule, effective March 1, 2016; Water and Sewer Plant Investment Fees, effective March 1, 2015. Table 49. Current Fees, City of Longmont Public Storm Land Use Type Unit Parks Bldgs Roads Water Sewer Water Total Single-Family Det. Dwelling $5,333 $1,121 $901 $10,940 $4,390 $797 $23,482 Multi-Family Dwelling $2,616 $1,121 $448 $998 $701 $378 $6,262 Commercial 1,000 sq. ft. $0 $401 $2,294 $3,393 $938 $416 $7,442 Office 1,000 sq. ft. $0 $401 $2,294 $3,393 $938 $416 $7,442 Industrial 1,000 sq. ft. $0 $401 $588 $3,393 $938 $416 $5,736 Source: City of Longmont, Permit and Licensing Fees (http://longmontcolorado.gov/departments/departments-a- d/building-inspection/permit-and-licensing-fees). Table 50. Current Fees, City of Boulder Gen. Storm Hous- Land Use Type Unit Park Lib. Fire Police Gov't Roads Water Sewer Water ing Total Single-Family Det. Dwelling $4,483 $483 $220 $310 $452 $2,276 $16,807 $4,473 $6,592 $460 $30,608 Multi-Family Dwelling $3,537 $398 $297 $256 $370 $1,687 $9,224 $2,556 $4,487 $230 $18,184 Retail 1,000 sq. ft. $0 $0 $400 $500 $150 $2,480 $2,689 $716 $9,613 $5,730 $21,228 Office 1,000 sq. ft. $0 $0 $610 $170 $210 $2,480 $2,689 $716 $5,768 $7,660 $19,313 Light Industrial 1,000 sq. ft. $0 $0 $80 $60 $120 $2,480 $2,689 $716 $9,613 $4,730 $20,228 Notes: Park fee is parks and recreation impact fee and park land excise tax; general government is human services and municipal facilities impact fees; housing is housing excise tax and nonresidential housing linkage fee Source: City of Boulder, Planning and Development Services, 2016 Schedule of Fees, eff. Jan 4, 2016, updated Mar. 7, 2016. Page 1 of 5 COUNCIL FINANCE COMMITTEE AGENDA ITEM SUMMARY STAFF Mike Beckstead, Chief Financial Officer John Voss, Controller John Phelan, Resource Conservation Manager DATE August 15, 2016 SUBJECT FOR DISCUSSION Third Party Financing for the Home Efficiency Loan Program EXECUTIVE SUMMARY The purpose of this item is to provide an update for transition planning of the capital funding for the Home Efficiency Loan Program (HELP). Over 75 loans have been completed to date, used primarily for home efficiency upgrades and with a few solar and water projects. The energy loans, taken as a group, are estimated to be saving 10% of the carbon emissions of these homes. This equates to 1.2 tons avoided per household and 72 annual tons per year. The improvements are also providing utility bill savings, comfort improvements and health and safety benefits. The approved outstanding loan balance of $1.6M is expected to be met in the 4P th P quarter of 2016. Staff is proposing to transition to a 3P rd P party loan model in partnership with Elevations Credit Union as quickly as possible. After demonstrating the interest and demand for home efficiency financing, the transition of the program to utilize 3P rd P party capital will allow for the scaling of the efficiency programs in alignment with the Energy Policy and Climate Action Plan. GENERAL DIRECTION SOUGHT AND SPECIFIC QUESTIONS TO BE ANSWERED • Does Council have feedback regarding the proposed transition to provide capital funding and program administration through Elevations Credit Union for the Home Efficiency Loan Program? Page 2 of 5 BACKGROUND/DISCUSSION OBF Program History The On-Bill Financing (OBF) pilot program (also known as the Home Efficiency Loan Program) provides residential utility customers with low-cost financing for energy efficiency, solar photovoltaic, and water conservation improvements to support the outcomes adopted in City of Fort Collins policies and plans, such as the Climate Action Plan, Energy Policy and Water Efficiency Plan. The OBF program was established by Ordinance 033-2012 which revised language in Chapter 26 of the Municipal Code to enable Utilities to provide financing and on-bill servicing of loans for energy efficiency, water efficiency and renewable energy projects. The program is most succinctly described as a traditional loan program which is serviced by Utilities on customer’s monthly bills. Customers qualify based on their bill payment history and credit score, eligible projects are defined by Utilities incentive programs, and the loans are secured via a UCC lien filing recorded with Larimer County. The OBF program was launched in January 2013, and was reviewed by Council in August 2013, October 2014, January 2015 and March 2016. OBF capital comes from Light & Power and Water reserve funds, with the source being determined by the project type. The funding is a “balance sheet transaction,” where the funds are accounted for by moving from reserves to accounts receivable. As such, loan funding is not a typical expenditure or a budget item. Council has authorized Utilities for a maximum outstanding balance of $1,600,000 for the loan program. Loan activity has continued at an accelerated rate through 2016 year to date (see chart and table below). Based on a forecast from this recent activity, the outstanding loan limit is likely to be met in the 4P th P quarter of 2016. Home Efficiency Loan Program Activity Summary Description Number Funds Loans issued 93 ($873,937) Approved but not completed 45 ($552,435) Repayments and paid off 17 $134,004 Maximum Balance $1,600,000 Available Balance $307,631 • For the 76 active loans, the average loan amount is $9,397 with an average term of 13.6 years. • For all loans issued, the average FICO score was 739. Page 3 of 5 Scalability and Funding Requirements Meeting Energy Policy and Climate Action Plan goals is going to require unprecedented scale for the efficiency upgrades of Fort Collins building stock. This, in turn, will facilitate needed investment. Over the course of the next 15-25 years, there could be thousands of home efficiency upgrades and renewable energy systems. Assuming three to four thousand homes invested $10,000 (the average loan amount) over the next five years, this equates to $30-45M in investment. The current model of using Utilities reserve funds has reached the limits of its ability to seed fund the on-bill financing loan program. While the Utilities may be able to borrow additional funds and reloan to customers under the current model, this approach would in turn put limits on potential borrowing for other Utilities capital needs. After demonstrating the interest and demand for home efficiency financing, the transition of the program to utilize 3P rd P party capital will allow for the scaling of the efficiency programs in alignment with the Energy Policy and Climate Action Plan. Proposed Partnership with Elevations Credit Union Staff chartered a project team to research, identify and recommend options for consideration by Council for future capital requirements for HELP and the On-Bill Finance programs. The team was comprised of staff from Utilities Resource Conservation, Utilities Finance, City Finance, Purchasing, the City Attorney’s Office and Sustainability Services. A request for proposals was Page 4 of 5 issued in June and two responses were received. The team proceeded through scoring of the proposals and interviewing the team for the top proposal. Elevations Credit Union (ECU) provided a comprehensive proposal for provision of loan capital and financial services. ECU manages a substantially similar program which services Denver and Boulder counties as part of the Energysmart Program. The Fort Collins program will also be able to participate in a shared loan loss reserve fund administered on behalf of the Colorado Energy Office. In the proposed model, ECU would provide customer qualification along with loan capital, closing and servicing for all HELP loans. The table below summarizes the services as they are provided today, and under the proposed model. Roles/Responsibilities Current Proposed Utilities Energy Smart Partners Utilities Elevations Customer qualification * * Project qualification * * Loan closing * * Loan servicing * option * Recording * * Tax information * * Payoff * * ECU is proposing to use the loan interest rate matrix from the Energysmart program. It is a matrix of interest rates ranging from 2.75% to 9.125% based on credit score and loan term (see below). Using the average credit score and term from active HELP loans would result in an interest rate of 6.625% with the proposed model Page 5 of 5 Current and Proposed HELP Characteristics Attribute Utilities HELP Proposed Elevations Credit Union Interest Rates Allowable range from 2.5- 10% per proposed rate ordinance Current rate at 4.0% 2.75% to 9.125% See table above Customer qualification Minimum six months bill payment history Credit score minimum of 640 Credit score minimum of 580 Underwriting debt to income ratio Fees $25 for application, $150 for closing, $11 for recording $25 member fee $25 application fee $10-25 recording fee Recording UCC filing recorded with Larimer County same Loan term 5, 7, 10, 15, or 20 years Selected by applicant 3, 5, 7, 10 or 15 years Selected by applicant Customer eligibility Residential single family and townhome properties, small business customers (by owner), Rental properties (by owner) Same Summary Staff is proposing to establish a contractual agreement with Elevations Credit Union to partner on the provision of loans in support of the HELP. The agreement will include roles and responsibilities for the coordination of program processes between Elevations and Utilities, including the qualification of efficiency projects by Utilities, marketing and outreach and processes related to the loan loss reserve. The timeline of this effort is intended to provide for a transition without a gap in available funding for the HELP. No formal action is required of Council in order to make this transition. Staff proposes to keep Council up to date with regular reporting. ATTACHMENTS Summary presentation: Third Party Financing for the Home Efficiency Loan Program 1 Council Finance Meeting, August 15, 2016 John Phelan, Resource Conservation Manager John Voss, Controller Third Party Financing for the Home Efficiency Loan Program GENERAL DIRECTION SOUGHT AND SPECIFIC QUESTIONS TO BE ANSWERED • Does Council have feedback regarding the proposed transition to provide capital funding and program administration through Elevations Credit Union for the Home Efficiency Loan Program? 2 HELP Results to Date 3 Proposed 3rd Party Financing - WHY 4 • On-Bill Financing program established because private sector loans were not generally available for efficiency upgrades • Currently committed $1.6M in reserves and that will support about 150 loans • To achieve near term goals, targeting 3,000 – 4,000 homes for efficiency upgrades • This will require $30M-$45M of capital • City is not in a position to capitalize $45M of loans • HELP has proven market interest in efficiency project financing • The HELP/OBF pilot program demonstrates how the City can launch and prove a program works before outsourcing to a third party Proposed 3rd Party Financing - Roles 5 Roles & Responsibilities Current Proposed Utilities Energy Smart Partners Utilities Elevations Customer qualification * * Project qualification * * Loan closing * * Loan servicing * Option * Recording * * Tax information * * Payoff * * Proposed 3rd Party Financing - Details 6 Attribute Utilities HELP Proposed Elevations Credit Union Interest Rates Allowable range from 2.5-10% per proposed rate ordinance Current rate at 4.0% 2.75% to 9.125% See table below Customer qualification Minimum six months bill payment history Credit score minimum of 640 Credit score minimum of 580 Underwriting debt to income ratio Fees $25 for application, $150 for closing, $11 for recording $25 member fee $25 application fee $10-25 recording fee Recording UCC filing recorded with Larimer County same Loan term 5, 7, 10, 15, or 20 years Selected by applicant 3, 5, 7, 10 or 15 years Selected by applicant Customer eligibility Residential single family and townhome properties, small business customers (by owner), Rental properties (by owner) Same Proposed 3rd Party Financing – Interest Rates Elevations Credit Union: Interest Rate Table 7 Using the average credit score and term from active HELP loans would result in an interest rate of 6.625% with the proposed model Proposed 3rd Party Financing – Loan Loss Reserve Loan Loss Reserve • Rates table dependent on loan loss reserve • Existing program – Colorado Green Credit Reserve • Capitalized from ARRA funds by the Colorado Energy Office • Administered by Colorado Housing Finance Authority • 15% of outstanding loan balance • No impact on City/Utilities funds • No recourse back to the City for loan losses 8 Proposed 3rd Party Financing • What proposed structure “does do” • Supports scaling of energy projects aligned with goals • 15,000 homes at $10,000 each >> $150M in capital • Releases future reserves and/or borrowing to meet capital needs • Transition to 3rd party capital after demonstrated success • What proposed structure “does not do” • Meet needs of all potential homeowners/customers for efficiency upgrades (reaching underserved) • Provide on-bill repayment • Continue to look at programmatic and financial options for meeting all customer segments over time 9 Timeline Next steps • Continue to manage the HELP program within the outstanding balance limit of $1.6M • Negotiate agreement with Elevations Credit Union to partner on the provision of loans to support existing project types • Manage these steps with a goal of avoiding a gap in financing availability for customers • In Collaboration with Elevations Credit Union, develop program communication plan 10 GENERAL DIRECTION SOUGHT AND SPECIFIC QUESTIONS TO BE ANSWERED • Does Council have feedback regarding the proposed transition to provide capital funding and program administration through Elevations Credit Union for the Home Efficiency Loan Program? 11 COUNCIL FINANCE COMMITTEE AGENDA ITEM SUMMARY Staff: Mike Beckstead, Chief Financial Officer Date: August 15, 2016 SUBJECT FOR DISCUSSION (a short title) 2017-18 Budget Strategic Issues EXECUTIVE SUMMARY (a brief paragraph or two that succinctly summarizes important points that are covered in more detail in the body of the AIS.) Review of how metrics have been used in the Budgeting for Outcomes (BFO) process and summarize recommended Offers that support key strategies and themes in the City Manager’s Recommended Budget. GENERAL DIRECTION SOUGHT AND SPECIFIC QUESTIONS TO BE ANSWERED (Work session questions should be designed to gather direction from Council without requiring Councilmembers to make a decision.) Information sharing and discussion BACKGROUND/DISCUSSION (details of item – History, current policy, previous Council actions, alternatives or options, costs or benefits, considerations leading to staff conclusions, data and statistics, next steps, etc.) ATTACHMENTS (numbered Attachment 1, 2, 3,…) Attachment #1 - Presentation 1 2017 / 2018 Budget Review Council Finance Committee Budget Review & Metrics Budget Assumption Results Review Community Dashboard 2 August September October November 15th CFC Review Metric Improvements Strategic Themes 9th 13th • Enviro Health • Economic Health • HPG 27th • Safe • Transportation • Culture & Rec 11th • Neighborhood & Social Health • General Discussion 1st 1st Reading 15th 2nd Reading Budget Outcome Reviews: • Strategic Objectives for Each Outcome • BFO Offers Mapped to Objectives • Highlights Key Purchases & Not Purchased Metrics – Used Within BFO Process 3 4 BFO Team Examples - Positive Offer 3.22 Enhancement: Bicycle Safety and Promotion Programs - Transportation Transportation Team reviewed Enhancement Offer 3.22. The team chose to fund this offer because various resources/metrics demonstrated a consistent theme; following the recommendations of the 2014 Bicycle Master Plan increased ridership and improved safety. • From 2014 to 2015 bicycle crashes were reduced by 20%. • 2016 bicycle crashes are at its lowest since 2014. • Percentage of bicycle commuters is on target. • Percentage of K-12 who bike or walk to school is on target. Offer 9.1 IT App Services - HPG Metrics measured customer satisfaction and quality of services Offer 57.5 Enhancement IT Network Engineer - HPG Established a link between unfinished projects, hardware failures to metrics, and the need for an FTE. Offer 13.2 and 13.10 – Safety, Security & Risk Management - HPG Metrics demonstrated improvement in TRIR & DART and support continuation of funding 5 BFO Team Examples - Positive Offer 75.7: Enhancement: Neighborhood Livability – Code Compliance The metric based on voluntary code compliance showed a high overall compliance but with a seasonal trend; warmer months above or at the desired compliance rate and colder months below. Based on this information alone, it was not clear that additional compliance officers were needed. However, after meeting with the sellers, the NLSH also asked Neighborhood Services to provide peer city information on the number of inspectors per capita. The information provided stronger support for the offer and indicates that code compliance is understaffed when compared to other cities in the Front Range. Offer 83.1 Graffiti Abatement Program The target for graffiti removal is 2 days. The data indicate response time is consistently been below 2 days and reported as 1.18 days in the first quarter of 2016. Also the number of abatement issues has dropped from a high of 471 in July of 2014 to 153 in March 2016. This information prompted the NLSH team to discuss if this offer should be reduced but ultimately decided the value to the City was far greater than the small savings that may come from a budget reduction. 6 Economic Health metrics include: • NLSH 38. Poverty Rate • ECON 5. Local Unemployment Rate • ECON 4. Net Percent Change in Local Jobs • ECON 38. Number of Primary Jobs retained/created through EHO activities. These all seem like good metrics that support the overall objectives of Economic Health, but there was no way for our team to tell (a) which of the offers had the greatest impact on the metrics, and (b) if some of these metrics (unemployment rate, poverty rate) were overwhelmed by local/regional/national factors beyond the scope of the City budget. Environmental Health: Your assessment reflected what the EH team did: pull up the Clearpoint metrics for on-going offers and look to see how the operation was doing. We spoke face-to-face with many owners to help us understand their challenges, successes, and priorities. We did not, however, spend any time trying to determine if the metric was a good metric, or how the operation might change in order to improve performance on the metric. We just didn’t have time. BFO Team Examples – Need for Improvement Strategic Spending Within City Manager’s Recommended Budget 7 8  Citizen Survey and Police Staffing Analysis • Code Compliance Resources • Neighborhood Improvement Funds • Police Staffing Analysis & Resources • Additional Staffing Muni Court • Police Training Facility Design • Expanded Use of Body Cameras & Taser Program Strategic Objectives: • 1.7 Maintain and enhance attractive neighborhoods through City services, innovative enforcement techniques and voluntary compliance with City codes and regulations • 5.1 Improve community involvement, education and regional partnerships to make our community safer and stronger • 5.2 Enhance our Police Services capability to foster public traust and create a safer community Neighborhood Livability & Public Safety 9 Neighborhood Livability & Public Safety Out- come Offer # Offer Description 2017 2018 FTE 2017 FTE 2018 26 NLSH 75.7 Enhancement - Code Compliance $ 379 $ 300 4 4 30 NLSH 27.6 Enhancement - Special Agency Resource Specialist $ 71 $ 73 1 1 32 NLSH 75.9 Enhancement - Neighborhood Improvement & Building Grant Fund 300 300 23 Safe 29.44 Enhancement - Police Technician - Records 77 80 1 1 24 Safe 29.29 Enhancement - Police Patrol for a Growing Community 682 1,232 5 9 25 Safe 37.2 Enhancement - Municipal Court Resources 98 94 2 2 28 Safe 29.43 Enhancement - Police Property & Evidence Storage 245 31 Safe 29.36 Enhancement - Police Training Facility Design 1,080 32 Safe 29.45 Enhancement - Police Services Technician 77 80 1 1 33 Safe 29.48 Enhancement - Police Property & Evidence Tech 75 74 1 1 34 Safe 29.16 Enhancement - Police body Camera & Taser Program 177 202 36 Safe 29.39 Enhancement - Police CAD & RMS Replacement 2,980 39 Safe 29.33 Enhancement - Police CID Detective 168 146 1 1 49 Safe 29.37 Enhancement - Police Range Safety Repairs 232 52 Safe 31.2 Enhancement - Police Campus West Facility Lease 75 75 $ 6,716 $ 2,656 16 20 Rank 10 $0 $5,000,000 $10,000,000 $15,000,000 $20,000,000 $25,000,000 $30,000,000 $35,000,000 $40,000,000 $45,000,000 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 City Contribution to Police & PFA Old IGA RAF + Cap 1 mil + KFCG) Actual Current IGA RAF + Cap 1mil + KFCG) Orig Est Current IGA RAF + Cap 1mil + KFCG Police Budget w/ KFCG Linear (Actual Current IGA RAF + Cap 1mil + KFCG)) Linear (Police Budget w/ KFCG) Police & PFA Budgets History 11 • Support I-25 Expansion • City Bridge Program • Lincoln Ave. Pedestrian & Landscape enhancements • Safe Routes to Everywhere • Pedestrian Sidewalk Improvements • Intersection & Road Improvements • Managing City Tree Canopy Strategic Objectives: • 6.1 Improve safety for all modes of travel including vehicular, pedestrian and bicycle • 6.5 Fill gaps for all modes of travel and improve the current transportation infrastructure while enhancing the aesthetic environment • 6.6 Develop long-term transportation plans that improve local and regional transportation networks City Asset & Infrastructure 12 City Asset & Infrastructure Out- come Offer # Offer Description 2017 2018 21 C&R 71.1 CCIP - Poudre River Downtown Project $ 4,744 24 C&R 15.7 Enhancement - Rolland Moore Ball Field Lights 440 309 38 C&R 34.4 Enhancement - Forestry Crew Small Tree Pruning 623 301 45 C&R 34.5 Enhancement - Contractual Pruning Large Trees 188 190 41 C&R 56.5 Enhancement - Museum Dehumidification System 300 10 Trans 1.2 City Bridge Program 1,700 1,700 16 Trans 1.5 CCIP - Arterial Intersection Improvement 350 400 33 Trans 1.8 CCIP - Willow St District - Final Design 765 34 Trans 1.9 CCIP - Pourdre River Bridge to 1st Street Construction 2,811 35 Trans 1.7 CCIP - Pedestrian Sidewalk / ADA 1,000 1,100 39 Trans 60.1 Safe Routes to Everywhere 2,000 2,000 42 Trans 1.6 Enhancement - Lemay Reaslignment Design 1,000 43 Trans 1.21 Enhancement - City Bridge Program 65 309 44 Trans 1.18 Enhancement - City Bridge Program 534 290 48 Trans 1.4 Enhancement - Riverside Bridge at Spring Creek 1,300 49 Trans 1.1 Enhancement - Horsetooth & College Improvements 500 500 63 Trans 1.19 Enhancement - Lincoln Ave Enhanced Design 750 70 Trans 1.12 Enhancement - Suniga Road Improvement - College to Blondel 300 1,500 $ 10,260 $ 5,699 Rank 13  Capital Improvement Plan & Long Term Financial Plan • GIS based Asset Maps • L&P System Improv and Feeder Systems • Water Distribution Master Plan Projects • Water Quality Lab • Wastewater Dewatering • Multiple Storm Water Improvements • Spring & Mill Creek Restoration Strategic Objectives: • 3.7 sustain high water quality to support the community and water-dependent businesses • 3.8 Maintain electric utility systems, services, infrastructure integrity and stable, competitive rates. • 4.9 Meet all regulatory requirement while supporting programs that go beyond compliance Utility Asset & Infrastructure 14 Utility Asset & Infrastructure Out- come Offer # Offer Description 2017 2018 25 ECH 5.23 Enhancement - L&P Operational Tech - GIS based Asset Maps $ 2,580 $ 182 14 ECH 5.12 L&P System Improvement & Replacement 2,062 2,225 23 ECH 5.8 L&P New Feeder Capacity 4,615 1,287 39 ECH 5.27 L&P Corrosion Mitigation 150 175 46 ECH 5.25 L&P Stray Voltage Testing 250 11 EVH 6.6 Water- Distribution Master Plan Project 1,900 1,350 26 EVH 6.7 Water - Distribution Small Projects 1,000 1,110 46 EVH 6.16 Enhancement - Water Quality Lab Infrastructure 1,300 1,300 56 EVH 6.52 Enhancement - Wastewater Dewatering Improvement 2,135 2,135 59 Safe 8.16 Enhancement - Stormwater Poudre Revier Oxbow Levee 850 60 Safe 8.21 Enhancement - Stormwater NECCO Lemay to Redwood 1,600 1,700 61 Safe 8.19 Enhancement - Stormwater Magnolia St Outfall Phase I 300 1,200 63 Safe 8.9 Stormwater Collection System Replacement - Small Projects 1,400 1,500 64 Safe 8.15 Enhancement - Stormwater Buckingham & Lincoln Outrall 200 65 Safe 8.17 Enhancement - Stormwater Prospect & Colege Storm Sewer 750 66 Safe 8.2 Enhancement - Stormwater Mulberry & Riverside Storm Sewer 800 67 Safe 8.18 Enhancement - Stormwater Remington Street Storm Sewer 100 800 69 Safe 8.6 Stormwater Stream Rehabilitation Program 350 1,400 $ 24,359 $ 18,382 Rank Utility Rate Assumptions L&P – 3.2% for Energy Costs, 1.25% to Support Infrastructure Water – 5% Each Year to Support Capital and Infrastructure Wastewater – 3% Each Year to Support Infrastructure Improvements Storm Water – 5% in 2017 to Support Spring & Mill Creek Restoration 15 Rate Changes: Actual Actual Budget Budget Utility 2015 2016 2017 2018 L&P 2.0% 2.0% 4.45% 3.2% Water 0.0% 0.0% 5.0% 5.0% Wastewater 3.0% 3.0% 3.0% 3.0% Storm Water 0.0% 0.0% 5.0% 0.0% 2017 Average Rate Increase Across all Utilities – 4.6% or $7.49/mo Utility Cost Comparison Overall - Utility Costs in the Middle Compared with Neighboring Communities 16 2016 2016 2016 2016 2016 Ft Collins $ 68.21 $ 43.57 $ 35.07 $ 14.26 $ 161.11 Loveland $ 67.01 $ 34.00 $ 25.43 $ 12.48 $ 138.92 Longmont $ 63.25 $ 31.47 $ 33.63 $ 13.05 $ 141.40 Greeley $ 79.67 $ 51.35 $ 20.62 $ 6.45 $ 158.09 Boulder $ 79.67 $ 35.84 $ 29.08 $ 13.46 $ 158.05 Colorado Springs $ 85.46 $ 77.82 $ 31.27 N/A $ 194.55 Electric Water Wastewater Stormwater Total 17 • Offers with Direct Impact: • Energy Efficiency Programs  Residential & Business Rebates  Lighting & Appliance Rebates • Renewable Energy  Residential and Comm. Incentives  Community Solar Garden • Transportation Sector  Low Stress Bike • Offers that Support the Goals: • City Energy Project • Alternative Fuel Lawn and Garden Strategic Objectives: • 4.1 Achieve Climate Action Plan goals by reducing greenhouse gases • 4.5 Work towards long term net zero energy goals within the community and the City organization using a systems approach • 4.6 Work towards long term zero waste goals within the community and the City organization Energy Efficiency 18 Energy Efficiency Out- come Offer # Offer Description 2017 2018 Annual GHG Reduction in 2020 4 Years Societal Savings Invest per GHG Saved 47 ECH 5.26 Enhancement - Electric Distributed Batter Pilot Program $ 100 $ 100 ($ 000's) 5 EVH 6.65 L&P Energy Services 4,234 4,263 18 EVH 6.67 L&P Residential & Commercial Solar Rebates 500 500 19 EVH 6.68 L&P Core Renewable Energy 2,960 3,052 33 EVH 6.76 Enhancement - L&P Energy Services - Business Efficiency Rebates 950 950 13,262 $ 1,275 $ 20 37 EVH 6.8 Enhancement - L&P Community Shared Solar 250 250 1,060 139 65 59 EVH 26.17 Enhancement - City Energy Project Matching Funds 50 50 61 EVH 26.1 Enhancement - Electric Vehicle Readiness Roadmap 40 62 EVH 26.16 Enhancement - Alternative Fuel Lawn & Garden Equipment 50 50 63 EVH 6.79 Enhancement - Renewable Non-Residential Solar Rebates 500 500 3,245 446 82 67 EVH 6.78 Enhancement - Renewable Non-Residential Solar Power Purchase 73 282 1,656 554 58 68 EVH 26.8 Enhancement - Pilot Projects & Innovation Fund 382 53 Uncertain 71 EVH 26.7 Enhancement - Expanded Municipal Innovation Fund 50 50 38 Trans 3.7 Enhancement - Low Stress Bike Routes Design & Construciton - 210 1,871 uncertain 160 65 Trans 3.23 Enhancement - Travel Behavior Survey 100 50 $ 12,256 $ 12,378 = Enhancement Offers with Direct Impact on 2020 Goals Rank 19 • Support of Homeless Initiatives • Affordable Housing Capital • Updates to City Plan, Transportation Master Plan & Transit Plan • Airport Strategic Plan Support • Traffic Mitigation • Bicycle Infrastructure Strategic Objectives: • 1.2 Leverage & improve collaboration with other agencies to address homelessness, poverty issues and other high priority human service needs • 1.4 Protect and preserve the City’s quality of life and neighborhoods • 6.6 Develop long-term transportation plans that improve local and regional transportation networks Community Priorities 20 Community Priorities Out- come Offer # Offer Description 2017 2018 16 NLSH 27.1 Enhancement - Homeless Initiatives 250 250 19 NLSH 27.17 CCIP - Affordable Housing 250 250 30 NLSH 27.6 Enhancement - Special Agency Resource - Connecting Homelessness 71 73 16 ECH 78.5 Enhancement - City Plan & Transportation Plan Updates 532 550 32 ECH 78.7 Enhancement - Sign Code Amendments 60 36 ECH 78.1 Enhancement - Historic Preservation Ordinance Review 49 40 ECH 25.9 Enhancement - Northern Colorado Airport 92 92 42 ECH 25.6 Enhancement - Northern Colorado Airport Strategic Plan 83 65 69 EVH 89.1 Enhancement - River Health 267 393 23 Trans 63.1 Neigborhood Traffic Mitigation Program 150 150 32 Trans 3.4 CCIP - Bicycle Infrastructure 350 350 73 Trans 3.9 Enhancement - Protected Bike Lane Pilot Project 50 250 $ 4,221 $ 4,441 Rank Budget Review & Metrics Budget Assumption Results Review Community Dashboard 21 August September October November 15th CFC Review Metrics Journey Strategic Themes 9th 13th • Enviro Health • Economic Health • HPG 27th • Safe • Transportation • Culture & Rec 11th • Neighborhood • General Discussion 1st 1st Reading 15th 2nd Reading Budget Outcome Reviews: • Strategic Objectives for Each Outcome • BFO Offers Mapped to Objectives • Highlights Key Purchases & Not Purchased