Public Finance News

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Tindale-Oliver & Associates, Inc. 1000 N. Ashley Drive Suite 100 Tampa, FL 33602-3059

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September 2012

Public Finance & Infrastructure Planning News Recent Trends in Transportation Impact Fees Many Florida communi es are reviewing their impact fee programs, and while some implement moratoriums or con nue the fees at some level, others are conver ng their programs into a tool that supports the community’s economic and planning goals and needs. The communi es that work on conver ng their programs emphasize one or more of the following approaches: 1.

TOA Recent Studies

methods to fund the City’s Fire Departments capital and opera ng expenditures. The study focused primarily on fire assessments, fire fees and ad valorem funding.

 Pasco County MulƟmodal TransportaƟon Impact Fee Study and Smart Growth ApplicaƟon: TOA converted the County’s  City of Parkland Impact Fee Study: TOA prepared library and roadway‐based transporta on impact fee to a mul modal government buildings impact fee studies for the City of transporta on impact fee. In addi on, the fees were Parkland, which were successfully adopted. differen ated by loca on and land use to give incen ves to those land uses and geographic areas that were targeted by the  City of Orlando MulƟmodal TransportaƟon Impact Fee Study County. The study and the County’s ini a ves received three and Smart Growth ApplicaƟon: TOA completed an impact fee awards from various planning organiza ons. study that converted the City’s current roadway‐based transporta on impact fee to mul modal transporta on impact  Osceola County TransportaƟon Funding Study and fee. In addi on, the study evaluated the City’s growth ImplementaƟon Plan: TOA evaluated several revenue sources management and economic development goals, growth rates, to be used for Osceola County’s future transporta on needs. available revenues to calculate poten al reduc ons that could Some of these revenue sources included mul modal be given to targeted land uses in certain geographic areas. The transporta on impact fee, sales tax, gas tax, ad valorem tax, staff recommenda ons were successfully adopted. special assessments, and others. Based on the study findings, the BOCC direc on included the development of a countywide tax increment financing (TIF) as part of the funding package. In  Orange County MulƟmodal TransportaƟon Impact Fee: TOA calculated a mul modal transporta on impact fee within the addi on, TOA was asked to iden fy por on of TIF from future Alterna ve Mobility Areas (AMA) of the County, which development versus exis ng base development. TOA designed surround the City of Orlando. In addi on, the roadway‐based a database tool that would automate this effort for County transporta on impact fee was updated. As part of the study, staff’s use. TOA also evaluated the development review procedures used within the AMA and provided recommenda ons. The study is  City of Palm Bay Fire Funding Study: TOA was retained to currently going though the implementa on process. evaluate advantages and disadvantages of several funding

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Flexibility: Several communi es are conver ng their roadway‐based transporta on impact fee to a mul modal transporta on impact fee to expand the type of infrastructure they can fund with revenues. It is important to note that mobility has different meanings for different jurisdic ons. For example, while most urban ci es build very few or no roads and instead are interested in inves ng in transit, bicycle, and pedestrian ameni es, most coun es and rural ci es s ll need to build roads and do not necessarily want other modes to compete for roadway dollars. Many coun es in Florida have some urban pockets, but they s ll need to connect ci es, ac vity centers, and regional public facili es. As such, there is a need to con nue to build roads. At mes, these communi es implement both a roadway and a mul modal impact fee for different geographic areas within the county. A recent example is Orange County (FL), where TOA calculated a mul modal impact fee for the Alterna ve Mobility Areas (AMA) of the county that surround the City of Orlando, which is also in the process of adop ng a mul modal transporta on impact fee. A roadway‐based transporta on impact fee was calculated for the area outside the AMA. Efficiency Recogni on: As discussed “Smart Growth Economics,” it is becoming important for local governments to recognize and encourage certain types of developments that are economically and otherwise beneficial for the community. Of TOA’s recent clients, Pasco County and the City of Orlando differen ated their fees by land use and by geographic area. Hernando County, the City of Sarasota, and the City of Oviedo are also considering this approach. Economics: Another way jurisdic ons can encourage targeted development/ industries is by giving tax or other incen ves and simplifying the development review process for targeted developments. En es such as the City of Tampa, the City of Orlando, Orange County, and Pasco County all provide some level of these types of incen ves. Alterna ve Revenues: Finally, most communi es recognize that given the decline in growth, impact fee revenues are not likely to be as significant as they were historically. As such, several en es, such as Osceola and Hernando coun es and the City of Sarasota, are reviewing other poten al revenue sources from a perspec ve of efficiency and effec veness.

These four tools help communi es achieve their economic and growth management goals and are being used by an increasing number of local governments.

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City of Tampa AlternaƟve Concurrency Program

Pasco County Mobility Fee Vary Land Use Rate by Geographic Area

Inside Smart Growth Economics

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TOA Recent Studies

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