HomeMy WebLinkAbout(0005) CIAC Semi Annual Report 12-04-20.pdfSemi -Annual Progress Report
Capital Improvements Advisory Committee for
Transportation Impact Fees
December 2020
Prepared by the Fort Worth Development Services Department
CIAC Semi -Annual Report
December 2020
Introduction
This report was prepared by the Fort Worth Development Services Department staff and adopted
by the Capital Improvements Advisory Committee for Transportation Impact Fees (''CIAO"). The
purpose of this report is to advise the City Council, in accordance with Chapter 395 of the Texas
Local Government Code, of the status of the Transportation Impact Fee Program.
Program Overview and Status
On May 112008, Fort Worth City Council adopted the transportation impact fee ordinance (Ord.
418083-05-2008). Transportation impact fees are charges assessed by local governments on new
development projects in order to partially fund transportation improvements that are necessitated
by new development.
The status of various program elements are as follows:
• Study Update - Under state law, the impact fee study must be updated at least every 5
years and is based on the City's adopted Master Thoroughfare Plan. The last update was
completed and adopted in 2018. The next impact fee update study will be initiated in late
2021 or early 2022 and must be adopted by January 23, 2023.
• Land use assumptions — The current land uses were updated with the adoption of the 2017
Transportation Impact Fee Study by Council on January 23, 2018. as recommended by the
CIAO. These land uses will remain in effect until the 2022 update study is adopted by
Council.
Funds Utilization — The Development Services and Transportation & Public Works
departments" staff continue to work together to leverage transportation impact fee funds to
deliver arterial street projects. The current focus is on identifying projects for the six
service areas where less than 20% of the area's total revenue has been used to fund projects.
Staff is considering smaller projects, potentially intersection improvements or expanding
the scope of existing projects, to utilize revenue. Additionally, staff is now reviewing
preliminary and final plat cases to identify potential public -private -partnership projects as
early as possible in the development process.
Fee Revenues — Since the last semiannual report, an additional $8M in revenue has been
collected across all service areas. The Total fee revenues through October 31, 2020 by
service area are as follows:
Capital Improvements Advisory Committee for Transportation Impact Fees
December 4, 2020 Semiannual Report
Page I of 4
Service Area Revenues through October 31, 2020
No -Fee 5er%ice Area $3.5M+ - $7M
$0-$1M $7M+-$i0M
$ I M+ - $3.5M over $ i 0M
Total Program Revenues
throw h October 31, 2020
Service
Total Revenue
Area
A
$
9,681,736.25
AA
$
55768,342.84
B
$
4,676,030.90
C
$
23,794,166.85
D
$
19323,479.82
E
$
9,031,167.49
F
$
9,174,389.23
G
$
10,053,184.66
L
$
401,901.50
M
$
2,919,775.95
N
$
3,080,182.61
o
$
797,441.86
P1
$
0.00
S
$
3,220,700.70
T
$
1,873,349.28
U
$
994,625.47
V
$
418.511.16
W
$
2,873,779.05
X
$
4,699,753.86
Y
$
8,717,440.28
Z
$
7,429,079.86
Total
$
128,929,039.62
With the national pandemic, there has been a slight decrease in the amount of new
commercial building permit applications. New residential building permit application
volumes have held steady and are anticipated to continue.
Credit Agreements — Credit is required by state law in return for contributions toward
eligible improvements. Credits may be used in lieu of payment of impact fees within the
related development. Since the last report, an additional 20 credit agreements or pools
have been executed; that brings the total number of credit agreements or pools to 118. The
value of those new agreements is $19.5M and the cumulative value of all credit agreements
is $89.1 M. Of that total, $47.5M of credits have been used, leaving a balance of $41.5M.
• Impact Fee Expenditures — Since the previous report, an additional $14.8M of impact fee
revenues have been appropriated for capital projects throughout the City. These projects
were all included in the 2017 Transportation Improvements Plan.
Capital Improvements Advisory Committee for Transportation Impact Fees
December 4, 2020 Semiannual Report
Page 2 of 4
Impact Fee Funded Projects through October 31, 2020
Service
Area
Project
Funding
A
Westport Pkwy - Alta Vista
$3,100,000.00
A
Westport Pkwy to Alta Vista - N Beach
$400,000.00
C
Harmon Rd - Golden Triangle to US-287
$6,300,000.00
B
Blue Mound Rd from Willow Springs to US 287
$1,000,000.00
Y
McCart - Risinger to McPherson and McPherson -
West Cleburne to McCart
$4,000,000.00
The total impact fee appropriations authorized through October 3 L 2020 by service area are as
follows:
Service Area Expenditures through June 30, 2019
No -Fee Service Area $1M+ - $2.5M
$0 - $0.1 N4 $2.5M+ - $7M
$0,1 M+ - $1 M _ Over SW
Total Program Appropriations
through October 312020
Service
Total
Total
Revenue
Area
Expenditures
Expended
A
$4,025,090.34
42%
AA
$50,581.87
1%
B
$3,941,891.50
84%
C
$17,888,639.18
75%
D
$14,986.411.26
78%
E
$2,515,352.24
28%
F
$7,423,960.32
81%
G
$7,838,483.76
78%
L
$350,581.86
87%
M
$1,685,581.87
58%
N
$250,581.87
8%
O
$588,581.87
74%
PI
$0.00
0%
S
$318,645.67
10%
T
$50,581.87
3%
U
$35,026.32
4%
V
$0.00
0%
W
$1,731,635.11
60%
X
$2,609,081,.87
56%
Y
$4,311,697.90
49%
Z
$1,819.784.07
25%
Total
$72,422,190.75
45%
Capital Improvements Advisory Committee for Transportation Impact Fees
December 4.2020 Semiannual Report
Page 3 of 4
Recommendation
The CIAO submits the following recommendations for consideration by the Fort Worth City
Council:
• The transportation impact fee is being collected and maintained in accordance with state
law and City code.
• The transportation impact fee revenues are being expended in accordance with state law
and City code.
The committee endorses this report and its recommendations and will discuss such with the City
Council at their request.
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Donald Boren, Chair
Place 8
Vicky Schoch
Place I
Timothy Bishop
PIace 2
Jim Tidwell
Place 3
Mark Brast
Place 4
Benjamin Robertson
Place 5
Armard Anderson
Place 6
Edward Deegan
Place 7
Melissa Konur
Place 9
Capital Improvements Advisory Committee for Transportation Impact Fees
December 4, 2020 Semiannual Report
Page 4 of 4