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Impact Fee History (Cont'd) <br />• 2010 5 impact fees suspension extended 1 year <br />• 2011 3 impact fees suspended for 1 year <br />• 2012 3 impact fee suspension extended 2 years <br />Expires March 31, 2014; in February, BCC will need to <br />consider extending until new fee schedule is implemented <br />7 <br />SUMMARY: REDUCTIONS IN TOTAL <br />FEES SINCE 2005 <br />Land Use <br />SF Home <br />Retail <br />Bank <br />w/drivein <br />Industrial <br />Unit <br />1500-2499sf <br />1,000sf <br />1,000sf <br />1,000sf <br />2005 2009 <br />Schedule Schedule <br />$10,124.75 <br />$13,181.74 <br />$30,354.95 <br />$3,941.58 <br />5 Fees 3 Fees <br />Suso. Susv. <br />$9,388 $8,390 <br />(-7.28%) (-17.13%) <br />56,340 53,242 <br />(-51.90%) (-75.5%) <br />$15,403 513,346 <br />(-49.26%) (-56.03%) <br />$3,539 $2,464 <br />(-10.21%) (-37.49%) <br />58,926 <br />(-11.84%) <br />54,210 <br />(-68.06%) <br />$13,884 <br />(-5426%) <br />52,695 <br />(-31.63%) <br />Impact Fee Proportions <br />Residential• Traffic + 50% Schools + 20% <br />Non- <br />residential: <br />Traffic: Fire/EMS• <br />+75%-95% +2% 11% <br />9 <br />2/6/2014 <br />Traffic Impact Fee Revenue <br />Contribution <br />Road project revenues: <br />• FDOT funds <br />• Local option sales tax <br />• Local option gas tax <br />• Traffic Impact Fees 31 % of projected <br />revenues in 2035 LRTP <br />10 <br />• 2013 Tindale -Oliver hired to conduct update of <br />all 9 impact fees <br />- Review formulas, policies, previous studies <br />- Use best available data <br />*Data from county departments, school board staff; <br />ITE 9'h Edition, regional and state-wide <br />databases <br />- Update land and construction costs, credits <br />_ Review LOS for 8 non -traffic fees <br />11 <br />• Provide alternatives for reducing non- <br />residential impact fees <br />• BCC direction: updated fee schedule that <br />reduces non-residential fees while <br />minimizing or avoiding increases m <br />residential fees and providing adequate <br />revenues to mamtain LOS <br />12 <br />2 <br />