Laserfiche WebLink
• <br />Impact Fee Formula <br />+ Gross Impact Fee Cost = <br />[(TGR12) x TL x %NT x CC)]/(CL) ( Travel Demand) <br />x (Unit Cost) <br />• where: <br />— TGR = Trip Generation Rate (vehicle trips per day) <br />— TL = Average Trip Length (Miles): <br />— %NT = Percent of Trips Generated by the impact Generating Land Development Activity considered to be new hips an the <br />roadway: <br />— CC= Unit cost to construct one lane mlle of roadway capacity; <br />— CL= Capacity per lane mfle. <br />Demand Component <br />:: Trip Rate X Trip Length X Percent New Trips <br />• Fairness and Equity Between Land Uses <br />• More Data Available <br />Changes Due to Better Data <br />• Updated ITE Trip Generation <br />• Florida Studies <br />— Trip Length <br />— Percent New Trips <br />Demand Component <br />+ Trip Rates - least change <br />+ Trip Lengths and % New Trips - most change <br />Demand Component - Trip Rate <br />Demand Component - Trip Length <br />Demand Component - % New Trips <br />Cost Component <br />• Reviewed the Following Plans <br />• FDOT TIP, County CIP <br />• County Transportation Element <br />• MPO Adopted Cost Feasible Plan <br />• Reviewed Historical Project Costs <br />• Discussed Cost Projections with Staff <br />• Projections Based on Best Available Data <br />Cost Component <br />+ Current Impact Fee Costs <br />• Last Update Over 10 Years Ago <br />• Costs Vary By District and Range From <br />— low of $350,000 per lane mile <br />— high of $680,000 per lane. mile. <br />Proposed Countywide Cost <br />• $837,000 Cost per mile <br />• 23% Increase from high district cost <br />Cost Component <br />MAY 119 1999 <br />35 <br />BOOK 109 FADE ' <br />• <br />