KMA led a team in preparing a comprehensive revision of the City’s development impact fee program. This effort included updating the existing fees (traffic, drainage, water, sewer and parks) and preparing new fees to fund the requirements for fire, police, and general government facilities. In addition, the impact fees were enmeshed in a series of complex credit and reimbursement arrangements with various other financing mechanisms, including: assessment districts, community facilities districts, development agreements, and advanced impact fee collections. These mechanisms were employed to fund infrastructure in advance of the timing that would otherwise be provided by impact fee cash flow.
The proposed update process involved both city-wide and sub-area fees, and incorporated development forecasts, facility requirements, and existing financing arrangements into a cash flow model to calculate the fees and evaluate the need for other financing mechanisms to ensure the timely funding of infrastructure.