A Comparison of Consumptive-Based and Improvements-Based ... · Government Employment 27151 43944 16793 13434 Government Office 730 100% 13,434 3.29 0.84672 4,822 EMPLOYMENT LAND

A Comparison of Consumptive-Based and Improvements-Based Transportation Impact Fees

Purpose of Presentation

Illustrate the Differences Between Consumptive- and Improvements-Based Traffic Impact Fees

Using Ada County Highway District (Boise, Idaho) as example

Absence of National Research Comparing Consumptive- and Improvements-Based TIFs

Overview

Case Study Area

Ada County Highway District -Boise, Idaho

Boise area population to grow by 100,000:

390,000 (2000) to490,000 (2025)

Existing Traffic Conditions

A

B

C

D

E

F

LOS

A

B

C

D

E

F

A

B

A

B

C

D

C

D

E

F

E

F

LOS

E

Data Source: COMPASS Travel Demand Model, 2000

LEGEND COLOR V/C Ratio LOS Green < 1.0 LOS A-CBlue 1.0 - 1.25 LOS D Black 1.25 - 1.5 LOS E Red > 1.5 LOS F

2000 Traffic

Future Traffic Conditions

A

B

C

D

E

F

LOS

A

B

C

D

E

F

A

B

A

B

C

D

C

D

E

F

E

F

LOS

E

Data Source: COMPASS 2025 Demand on 2007 Network

LEGEND COLOR V/C Ratio LOS Green < 1.0 LOS A-CBlue 1.0 - 1.25 LOS D Black 1.25 - 1.5 LOS E Red > 1.5 LOS F

2025 Traffic

Traffic StatisticsVehicle Miles of Travel

0

1,000,000

2,000,000

3,000,000

4,000,000

5,000,000

6,000,000

Princip

al Arte

rial

Minor A

rteria

lColl

ector

Loca

lState

Roads

2000

2025 TIP

2025 CIP

Vehicle Miles of Travel

Lane Miles of Congestion

0

25

50

75

100

125

150

Princip

al Arte

rial

Minor A

rteria

lColl

ector

Loca

lState

Roads

2000

2025 TIP

2025 CIP

Lane Miles of Congestion

History of ACHD TIF

(Clancy bullets)

Original Transportation Impact Fee Adopted by ACHD Using Consumptive-Based Methodology(original needs/goals of TIF?)(TIF rate structure ?)(others?)

Issues Since Original TIF Adoption

Proportionate Share / Rational Nexus

Stakeholders desiring more Exact Nexus….while

Individual Assessments

Individual Assessments exceeding 30% of all TIF Payments

In 2002, of the $8 million TIF collected, $3 million refunded through Individual Assessments

……ACHD tried to reign in the rate and impact of individual assessments

Other Policy and Technical Issues

Multiple Adjustments to Original Methodology ACHD Policy Adjustments to Close the “Loopholes”Negative Stakeholder ResponseIdaho State Legislative ActionStakeholder Expectation for Direct Participation in CIP Project Selection and TIF-Eligibility Determination

Consumptive-Based Methodology

Developing a Consumptive-Based TIF

1 Estimate the Impact Fee-Eligible

Construction Cost2 Estimate the Trip-Mile Cost

3 Estimate Trip Adjustment Factors

4 Estimate Tax Credits

5 Estimate Traffic Impact Fee

Steps

General Steps to Develop Consumptive-Based TIF

Vertical Slide #1

Improvements-Based Methodology

Developing an Improvements-Based TIF

1 Estimate the Impact Fee-Eligible

Improvement Costs

2 Estimate the Cost / VMT

3 Estimate Trip Adjustment Factors

4 Estimate Traffic Impact Fee

Steps

General Steps to Develop Improvements-Based TIF

Vertical Slide #2

Comparing MethodologiesSide-By-Side

Step 1: Estimating Impact Fee-Eligible Costs

- =

=

ACHD Capital Improvements Plan Update, 2003-2023: Total Project Costs Non TIF-Eligible Costs TIF-Eligible Costs

$166,587,749$354,404,663 - $187,816,914

Cons

umpt

ive

Impr

ovem

ents

Impact Fee-Eligibility

COST - - - =$34,577,740 - $4,941,159 - $4,941,159 - $11,362,245 = $13,333,177

(a) / (b)

-

SQUARE FEET - = x =3,308,000.0 - 551,444 - 1,267,956 = 1,488,600 $8.96 x 60,720 = $544,051

AVERAGE CONSTRUCTION COST PER LANE-MILE

Sq. Ft. of Pavement

per System Lane-Mile

Impact Fee-Eligible

Construction Cost

(a)

(b)Square Feet of Bike Lane

Original 2-Lane Roadway

Impact Fee-Eligible Sq.

Ft. of Pavement

Impact Fee Eligible Cost Per Sq. Ft.

Sidewalk Cost Bike Lane Cost

Original 2-Lane

RoadwayImpact Fee-

Eligible Cost

Total Square Feet of

Pavement

Total Construction

Cost

Step 2: Estimating Cost Per Unit

VMT PEAK HOUR CONVERSION FACTOR / =

SOURCE: NCHRP Report #255, Transportation Research Board SOURCE: COMPASS Travel Model, 2000 (rounded)National average for arterial streets in urban areas with populations 100,000 - 250,000 * Daily, Net New Arterial System VMT multiplied by Peak Hour Conversion Factor

9%

ACHD CIP TIF-Eligible Costs

Net New Ada County "System" VMT*

(Peak Hour)

VMT Cost (area wide example)

$166,587,749 / 188,879 = $882

Cons

umpt

ive

Impr

ovem

ents

Land Cost x Lane-Mile Sq. Ft. = ROW Cost +Construction

Cost = Total Cost /Service

Capacity =Trip Mile

Costs

Assessment District (per sq. ft.) ( 11.5' x 5,280' )(per System Lane Mile)

(per System Lane Mile)



Boise City & Garden City $5.76 x 60,720 = $349,747 + $544,051 = $893,798 / 688.3 = $1,299Meridian $3.56 x 60,720 = $216,163 + $544,051 = $760,214 / 688.3 = $1,104Eagle $3.58 x 60,720 = $217,378 + $544,051 = $761,429 / 688.3 = $1,106Kuna & Star $1.38 x 60,720 = $83,794 + $544,051 = $627,845 / 688.3 = $912Rural Ada County $0.37 x 60,720 = $22,466 + $544,051 = $566,517 / 688.3 = $823County-Wide Residential $5.12 x 60,720 = $310,886 + $544,051 = $854,937 / 688.3 = $1,242

TRIP-MILE COST

RIGHT-OF-WAY COST PER LANE-MILE From Step 1

From Step 1

Step 3: Estimating Trip Adjustment Factors

Cons

umpt

ive

Impr

ovem

ents

SAME FOR BOTHSAME FOR BOTH

Ordinance No.: 198 198Service Area

#1 - Northwest 7.50 0.384#2 - Southwest 8.38 0.383#3- Northeast 6.34 0.357#4 - Southeast 6.12 0.402County-Wide 6.53 0.378

Land Use Category50% Auto Parts, Church, Public Park, Restaurant25% Bank, Convenience Market,Fast Food Restaurant, Supermarket, Car Wash, Quick Lube

NEIGHBORHOOD LAND USE TRIP LENGTH ADJUSTMENTS

Network Adjustment Factor

(VMT on ACHD System)

Average Trip Length (miles)

AVERAGE TRIP LENGTH NETWORK ADJUSTMENT FACTOR

Step 4: Estimating Tax CreditsCo

nsum

ptiv

e

Improvements NoneNone

$5,022,199 / 6,370,586 = $0.79 x 13.03 = $10.29

$875,999 $189,255 122,403 $1.55 x 13.03 $20

ACHD Average

Expense / DU

Sales Tax Credit Per

Dwelling Unit

Present Value Factor (20-

Year Projection)

SALES TAX CREDIT

Equivalent Current Value

Per Daily VMT


Year Projection)

Ada County Highway VMT

(including State/Fed

2001

Annual Impact Fee

Expenditure

COMBINED GENERAL UNIT TAX CREDIT

Average Tax Receipt Per VMT

ACHD State Sales Tax Receipts: 1998-99

Typical Annual Expense on TIF-Eligible

System Improvements

Ada County Dwelling Units

ACHD Average Rate of Return (1999-2001): 4.48%

Step 5: Estimating TIF

Example: County-Wide

ITE (6th Edition) NetworkNew Trip Average Adjustment VMT

Sample Land Use Type Daily PM Peak Hr. x Factor x Trip Length x Factor x Cost =(rounded)

Per Dwelling Unit

Single Family Dwelling Unit 4.785 0.505 x 1.00 x 6.53 x 0.378 x $882 = $1,0993.3 1.2 $1,058

Per 1,000 Sq. Ft.

Bank w/ Drive-Thru 132.605 27.385 x 0.53 x 1.63 x 0.378 x $882 = $7,887

Trip Rate (1-Way) Traffic Impact Fee

Cons

umpt

ive

Impr

ovem

ents

From Step 3

From Step 3

From Step 2

From Step 2

From Step 4

ITE (6th Edition) Network UnitTrip Rate (1-Way) New Trip Average Adjustment Trip Mile Unit General

Example Land Use Type Daily PM Peak Hr. x Factor x Trip Length x Factor x Cost = Cost - Tax Credit - =

Per Dwelling Unit

Single Family Dwelling Unit 4.785 0.505 x 1.00 x 6.53 x 0.378 x $1,242 = $1,490 - $322 - $17 = $1,1513.3 1.2 $1,490

Per 1,000 Sq. Ft.

Bank w/ Drive-Thru 132.605 27.385 x 0.53 x 1.63 x 0.378 x $1,242 = $11,107 - $1,179 - $0 = $9,928

Traffic Impact Fee

Sales Tax Credit

Daily Trip Rate * New Trip Factor * Average Trip Length * Unit General Tax Credit Per VMT

Advantages & Disadvantages of the Two Methodologies

Comparing TIF Revenue Forecasts

Regional Growth Forecasts (simulation)

Cons

umpt

ive

Impr

ovem

ents

DEMOGRAPHIC FORECAST & LAND DEVELOPMENT ASSUMPTION

COMPASS DEMOGRAPHIC FORECAST ITE LAND USE ALLOCATION

2000 202525-Year

Delta20-Year

Delta Land UseITE

Code AllocationDwelling

Units EmployeesEmployees/

1000 GFALocal

Adjustment1,000 SF

GFA Acre0.84672

ResidentialDwelling Units 113408 183415 70007 56006 Single Family 210 70% 39,204

Apartment 220 30% 16,802

EmploymentRetail Employment 37708 66164 28456 22765 Specialty Retail 814 20% 4,553 1.82 0.84672 2,955

Hardware Store 816 25% 5,691 0.96 0.84672 7,001Quality Restaurant 831 10% 2,277 7.46 0.84672 360Fast Food Restaurant 834 10% 2,277 10.9 0.84672 247Shopping Center 820 25% 5,691 1 0.84672 6,721Bank, Drive-Thru 912 10% 2,277 3.82 0.84672 704

Office Employment 92616 145310 52694 42155 General Office 710 50% 21,078 3.29 0.84672 7,566Office Park 750 50% 21,078 3.59 0.84672 6,934

Industrial Employment 41546 75373 33827 27062 Light 110 45% 12,178 2.16 0.84672 6,659Industrial Park 130 25% 6,766 2 0.84672 3,995 361.2116Manufacturing 140 30% 8,119 1.82 0.84672 5,269

Government Employment 27151 43944 16793 13434 Government Office 730 100% 13,434 3.29 0.84672 4,822

EMPLOYMENT LAND DENSITY [ITE]

DEVELOPABLE LAND

MPO Forecast Conversion to ITE Categories Estimating Developable Land

SAME FOR BOTHSAME FOR BOTH

Revenue ProjectionConsumptive-Based Methodology

ITE 6th Edition

Land Use

PM Peak Hr Trips

(one-way) * New Trip *

Average Trip

Length * Network *Trip Mile

Cost = Unit Cost -

Unit General Tax

Credit -Sales Tax

Credit =Traffic

Impact Fee$10.29 $20

Single Family 0.505 * 1.00 * 6.53 * 0.378 * $1,242 = $60,694,360 - $12,623,688 - $784,080 = $47,286,592Apartment 0.310 * 1.00 * 6.53 * 0.378 * $1,242 = $15,967,953 - $3,746,846 - $336,040 = $11,885,067

Specialty Retail 1.295 * 0.66 * 6.53 * 0.378 * $1,242 = $7,742,795 - $2,665,410 - $0 = $5,077,385Hardware Store 2.210 * 0.72 * 6.53 * 0.378 * $1,242 = $34,151,629 - $8,688,241 - $0 = $25,463,388Quality Restaurant 3.745 * 0.56 * 3.27 * 0.378 * $1,242 = $1,159,054 - $304,920 - $0 = $854,134Fast Food Restaurant 16.740 * 0.50 * 1.6175 * 0.378 * $1,242 = $1,569,929 - $509,808 - $0 = $1,060,121Shopping Center 1.870 * 0.50 * 1.63 * 0.378 * $1,242 = $4,808,908 - $1,209,780 - $0 = $3,599,128Bank, Drive-Thru 27.385 * 0.53 * 1.63 * 0.378 * $1,242 = $7,819,199 - $830,016 - $0 = $6,989,183

General Office 0.745 * 1.00 * 6.53 * 0.378 * $1,242 = $17,280,217 - $2,799,420 - $0 = $14,480,797Office Park 0.750 * 1.00 * 6.53 * 0.378 * $1,242 = $15,943,060 - $2,662,656 - $0 = $13,280,404

Light 0.490 * 1.00 * 6.53 * 0.378 * $1,242 = $10,003,032 - $1,558,206 - $0 = $8,444,826Industrial Park 0.460 * 1.00 * 6.53 * 0.378 * $1,242 = $509,385 - $765,769 - $0 = -$256,384Manufacturing 0.370 * 1.00 * 6.53 * 0.378 * $1,242 = $5,976,632 - $674,432 - $0 = $5,302,200

Government Office 3.447 * 1.00 6.53 0.378 * $1,242 = $50,955,969 - $1,788,962 - $0 = $49,167,007

TRAFFIC IMPACT FEE CALCULATION

Adjustment Factors

$192,633,84920-Year TIF Revenues:

$59,171,659

$133,462,190

Revenue ProjectionImprovements-Based Methodology

ITE 6th Edition

Land Use

PM Peak Hr Trips

(one-way) * New Trip *

Average Trip

Length * Network * VMT Cost =Traffic Impact

Fee

Single Family 0.505 * 1.00 * 6.53 * 0.378 * $882 = $43,101,792Apartment 0.310 * 1.00 * 6.53 * 0.378 * $882 = $11,339,561

Specialty Retail 1.295 * 0.66 * 6.53 * 0.378 * $882 = $5,498,507Hardware Store 2.210 * 0.72 * 6.53 * 0.378 * $882 = $24,252,606Quality Restaurant 3.745 * 0.56 * 3.27 * 0.378 * $882 = $823,096Fast Food Restaurant 16.740 * 0.50 * 1.6175 * 0.378 * $882 = $1,114,877Shopping Center 1.870 * 0.50 * 1.63 * 0.378 * $882 = $3,415,022Bank, Drive-Thru 27.385 * 0.53 * 1.63 * 0.378 * $882 = $5,552,765

General Office 0.745 * 1.00 * 6.53 * 0.378 * $882 = $12,271,458Office Park 0.750 * 1.00 * 6.53 * 0.378 * $882 = $11,321,883

Light 0.490 * 1.00 * 6.53 * 0.378 * $882 = $7,103,603Industrial Park 0.460 * 1.00 * 6.53 * 0.378 * $882 = $361,737Manufacturing 0.370 * 1.00 * 6.53 * 0.378 * $882 = $4,244,275

Government Office 3.447 * 1.00 6.53 0.378 $882 = $36,186,123

20-Year TIF Revenues:

Adjustment Factors

TRAFFIC IMPACT FEE CALCULATION

$112,145,952

$54,441,353

$166,587,304

Slide Title

Consumptive-Based TIFORDINANCE #196 - Effective January 1, 2003

Impact Fee-Eligibility

COST - - - =$34,577,740 - $4,941,159 - $4,941,159 - $11,362,245 = $13,333,177

(a) / (b)

-

SQUARE FEET - = x =3,308,000.0 - 551,444 - 1,267,956 = 1,488,600 $8.96 x 60,720 = $544,051

Step 2 - Estimating Trip Mile Cost

Land Cost x Lane-Mile Sq. Ft. = ROW Cost +Construction

Cost = Total Cost /Service

Capacity =Trip Mile

Costs

Assessment District (per sq. ft.) ( 11.5' x 5,280' )(per System Lane Mile)




Boise City & Garden City $5.76 x 60,720 = $349,747 + $544,051 = $893,798 / 688.3 = $1,299Meridian $3.56 x 60,720 = $216,163 + $544,051 = $760,214 / 688.3 = $1,104Eagle $3.58 x 60,720 = $217,378 + $544,051 = $761,429 / 688.3 = $1,106Kuna & Star $1.38 x 60,720 = $83,794 + $544,051 = $627,845 / 688.3 = $912Rural Ada County $0.37 x 60,720 = $22,466 + $544,051 = $566,517 / 688.3 = $823County-Wide Residential $5.12 x 60,720 = $310,886 + $544,051 = $854,937 / 688.3 = $1,242

Ordinance No.: 195 193 195 193Assessment District

Boise City & Garden City 5.75 5.99 0.559 0.678Meridian 7.13 8.06 0.551 0.56Eagle 7.7 8.87 0.463 0.479Kuna & Star 10.72 8.47 0.511 0.558Rural Ada County 7.67 14.34 0.583 0.523County-Wide Residential 6.46 8.83 0.553 0.488

Land Use Category50% Bank, Bar w/ Rest., Church, Credit Union, Medical - Urgent Care, Movie Theater, Restaurant25% Convenience Market, Pharmacy, Fast Food Restaurant, Supermarket, Car Wash, Quick Lube

$2,893,798 / 6,508,606 = $0.44 x 12.48 = $5.49

$787,589 $152,895 112,282.00 $1.36 x 12.48 $17

ITE (6th Edition) Network UnitTrip Rate (1-Way) New Trip Average Adjustment Trip Mile Unit General

Example Land Use Type Daily PM Peak Hr. x Factor x Trip Length x Factor x Cost = Cost - Tax Credit - =

Per Dwelling Unit

Single Family Dwelling Unit 4.785 0.505 x 1.00 x 6.46 x 0.553 x $1,242 = $2,236 - $170 - $17 = $2,0493.26 1.8 $2,236

Per 1,000 Sq. Ft.

Bank w/ Drive-Thru 132.605 27.385 x 0.27 x 2.88 x 0.559 x $1,299 = $15,458 - $566 - $0 = $14,892

Convenience Mkt (w/ fuel sales) 422.8 30.305 x 0.16 x 1.44 x 0.559 x $1,299 = $5,068 - $535 - $0 = $4,533

Light Industrial 3.485 0.49 x 1.00 x 5.75 x 0.559 x $1,299 = $2,045 - $110 - $0 = $1,935

Medical - Dental/Vision Clinic 12.428 1.016 x 1.00 x 5.75 x 0.559 x $1,299 = $4,241 - $392 - $0 = $3,849

Shopping Center (500,000 sq. ft. 14.98 1.44 x 0.50 x 5.75 x 0.559 x $1,299 = $3,005 - $236 - $0 = $2,769

[A] [B] [C] [D] [E]

AVERAGE CONSTRUCTION COST PER LANE-MILE

Sq. Ft. of Pavement

per System Lane-Mile

Impact Fee-Eligible

Construction Cost

(a)

(b)Square Feet of Bike Lane

Original 2-Lane Roadway

Impact Fee-Eligible Sq.

Ft. of Pavement

Impact Fee Eligible Cost

Per Sq. Ft.

Sidewalk Cost Bike Lane Cost

Original 2-Lane

RoadwayImpact Fee-

Eligible Cost

Total Square Feet of

Pavement

Total Construction

Cost

Step 1 - Estimating Impact Fee-Eligible Construction Cost

Traffic Impact Fee

Sales Tax Credit

ACHD Average

Expense / DU

Sales Tax Credit Per

Dwelling Unit


Year Projection)

SALES TAX CREDIT

Equivalent Current Value

Per Daily VMT

TRIP-MILE COST

RIGHT-OF-WAY COST PER LANE-MILE


Year Projection)

Step 3 - Estimating Trip Adjustment Factors

Average PM Peak Hour Trip Length (miles) Network Adjustment Factor

Ada County Highway VMT

(including State/Fed

1999


NETWORK ADJUSTMENT FACTOR

AVERAGE TRIP LENGTH

Annual Impact Fee

Expenditure

COMBINED GENERAL UNIT TAX CREDIT


Step 4 - Estimating Tax Credits

Average Tax Receipt Per VMT

Step 5 - Estimating Traffic Impact Fee

ACHD State Sales Tax Receipts: 1998-99

Typical Annual Expense on TIF-Eligible

System Improvements

Ada County Dwelling Units

Daily Trip Rate * New Trip Factor * Average Trip Length * Unit General Tax Credit Per VMT

ACHD Average Rate of Return (1997-1999): 4.98%

Step #1Step #1

Step #2Step #2

Step #3Step #3

Step #4Step #4

Step #5Step #5

Improvements-Based TIFStep #1Step #1

Step #2Step #2

Step #3Step #3

Step #4Step #4

- =

SOURCE: ACHD 2003 CIP Update: Arterial street and intersection improvements only.

VMT PEAK HOUR CONVERSION FACTOR / =

SOURCE: NCHRP Report #255, Transportation Research Board SOURCE: COMPASS Travel Model, 2000 (rounded)National average for arterial streets in urban areas with populations 100,000 - 250,000 * Daily, Net New Arterial System VMT multiplied by Peak Hour Conversion Factor

Ordinance No.: 198 198Service Area

#1 - Northwest 7.50 0.384#2 - Southwest 8.38 0.383#3- Northeast 6.34 0.357#4 - Southeast 6.12 0.402County-Wide 6.53 0.378

Land Use Category50% Auto Parts, Church, Public Park, Restaurant25% Bank, Convenience Market,Fast Food Restaurant, Supermarket, Car Wash, Quick Lube

Example: County-Wide

ITE (6th Edition) NetworkNew Trip Average Adjustment VMT

Sample Land Use Type Daily PM Peak Hr. x Factor x Trip Length x Factor x Cost =(rounded)

Per Dwelling Unit

Single Family Dwelling Unit 4.785 0.505 x 1.00 x 6.53 x 0.378 x $882 = $1,0993.3 1.2 $1,058

Per 1,000 Sq. Ft.

Bank w/ Drive-Thru 132.605 27.385 x 0.53 x 1.63 x 0.378 x $882 = $7,887

Convenience Market 368.995 26.865 x 0.39 x 1.63 x 0.378 x $882 = $5,694

Light Industrial 3.485 0.49 x 1.00 x 6.53 x 0.378 x $882 = $1,067

Medical - Dental Office 18.065 1.83 x 1.00 x 6.53 x 0.378 x $882 = $3,984

Shopping Center 21.46 1.87 x 0.66 x 6.53 x 0.378 x $882 = $2,687

ORDINANCE #198 - Effective September, 2003

=

Step 1 - Estimating Impact Fee-Eligible Improvement Costs

ACHD Capital Improvements Plan Update, 2003-2023: Total Project Costs Non TIF-Eligible Costs TIF-Eligible Costs

9%

$166,587,749

Step 2 - Estimating Cost Per Peak Hour, Vehicle Miles Traveled (VMT)

ACHD CIP TIF-Eligible Costs

Net New Ada County "System" VMT*

(Peak Hour)

VMT Cost (area wide example)

$354,404,663 - $187,816,914

$166,587,749 / 188,879 =

Trip Rate (1-Way)


Traffic Impact Fee

Step 4 - Estimating Traffic Impact Fee

$882

Network Adjustment Factor


Average Trip Length (miles)

Step 3 - Estimating Trip Adjustment Factors

AVERAGE TRIP LENGTH NETWORK ADJUSTMENT FACTOR

Consumptive-Based TIF

Shoulder or bike lane & curb/sidewalk


Interim 2003 CIP Projects:

TAX CREDITS

Funds Limited to TIF-Eligible Projects in CIP

Re-Construction of Existing Travel

Lanes; Construction or Re-Construction of Sidewalks and

Bike Lanes

Construction of New Travel Lanes and

Curb/Gutter; and Expanded ROW



PROPORTIONATE SHARE

Example of CIP Street Widening

Project

20-YEAR REVENUE PROJECTION

WHO PAYS ?

SOURCE

COST of NEEDED IMPROVEMENTS:

2003-2023

Existing Travel lane


$210,940,200 $164,067,700All Revenue Projections in 2002 Dollars

System Improvements: $342.4 Million

TIF−Eligible CostsNon−TIF Eligible Costs

Gas Taxes (Highway User Fund)Vehicle Registration Fees

Property Taxes and Sales TaxesTraffic Impact Fees

All Ada County Residents New Development

$178,301,600 $164,067,700

Correct Existing Deficiencies

Correct Future Deficiencies to Meet Growth Needs

Non-TIF Revenue for Capital Projects Traffic Impact Fee

to...

and.. to...

Traffic SafetyBridgesDrainage

Level of Effort

Misc.Maintenance

Available for CIP and Non-CIP Projects

Total: $419.8 million


If revenues are allocated to CIP TIF-Eligible Projects this way ~ both General and Sales Tax Credits are required to adjust for the

likelihood of Double-Charging, if Non-TIF revenues are used to pay for TIF-eligible costs.

Pays for...Pays for...

Pay Pays

and

Improvements-Based TIF



Interim 2003 CIP Projects:



SOURCE

COST of NEEDED IMPROVEMENTS:

2003-2023



TAX CREDITS

Example of CIP Street Widening Project

PROPORTIONATE SHARE

Re-Construction of Existing Travel

Lanes; Construction or Re-Construction of Sidewalks and

Bike Lanes

Funds Limited to TIF-Eligible Projects in CIP

20-YEAR REVENUE PROJECTION

WHO PAYS ?

$210,940,200 $164,067,700All Revenue Projections in 2002 Dollars

System Improvements: $342.4 Million

Non−TIF Eligible Costs

Gas Taxes (Highway User Fund)Vehicle Registration Fees

Property Taxes and Sales TaxesTraffic Impact Fees

All Ada County Residents New Development

$178,301,600 $164,067,700

Correct Existing Deficiencies

Correct Future Deficiencies to Meet Growth Needs

Non-TIF Revenue for Capital Projects Traffic Impact Fee

to...

and.. to...

Traffic SafetyBridgesDrainageLevel of EffortMisc.Maintenance

Available for CIP and Non-CIP Projects



Pays for...Pays for...

Pay Pays

If revenues are allocated to CIP TIF-Eligible Projects this way ~ no General or Sales Tax Credits are required to adjust for the

possibility of Double-Charging, because no Non-TIF Revenues are used for Non-TIF Costs.

TIF−Eligible Costs

Documents

A Comparison of Consumptive-Based and Improvements-Based ... · Government Employment 27151 43944 16793 13434 Government Office 730 100% 13,434 3.29 0.84672 4,822 EMPLOYMENT LAND