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File #: 24-387    Version: 1
Type: Report Status: Agenda Ready
File created: 10/23/2024 In control: REGULAR CITY COUNCIL AND HOUSING AUTHORITY*
On agenda: 11/19/2024 Final action:
Title: PUBLIC HEARING REGARDING THE DEVELOPMENT IMPACT FEES ANNUAL REPORT AND THE TRAFFIC IMPACT FEE ANALYSIS FOR THE FISCAL YEAR ENDED JUNE 30, 2024
Attachments: 1. Agenda Report, 2. 1. 2023-24 DIF Report, 3. 2. Traffic Impact Fee Resolution, 4. 3. Citywide Traffic Impact Fee Annual Report, 5. 4. Revised TIF Calculation 2024, 6. 5. Chronology of City Council Actions, 7. 6. FY23-24 TIF Accounting

TITLE:

title

PUBLIC HEARING REGARDING THE DEVELOPMENT IMPACT FEES ANNUAL REPORT AND THE TRAFFIC IMPACT FEE ANALYSIS FOR THE FISCAL YEAR ENDED JUNE 30, 2024

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DEPARTMENT:                                                               FINANCE AND PUBLIC WORKS DEPARTMENTS

PRESENTED BY:                                                                CAROL MOLINA, FINANCE DIRECTOR / RAJA SETHURAMAN, PUBLIC WORKS DIRECTOR                      

CONTACT INFORMATION:                     CAROL MOLINA, FINANCE DIRECTOR, (714) 754-5243 / RAJA SETHURAMAN, PUBLIC WORKS DIRECTOR, (714) 754-5343

RECOMMENDATION:

recommendation

Staff recommends the City Council:

1.                     Receive and file the Development Impact Fees Annual Report (Attachment 1) for the Fiscal Year ended June 30, 2024.

 

2.                     Adopt resolution (Attachment 2) continuing the citywide traffic impact fee for new development that incorporates recommendations from the Traffic Impact Fee Ad Hoc Committee and staff, which include:

 

                     Adopt a traffic impact fee of $228 per Average Daily Trip (ADT) based on the Capital Improvement Projects in Attachment 4 and Active Transportation projects in the adopted Active Transportation Plan (ATP).

                     Approve allocation of up to ten percent (10%) of traffic impact fees towards traffic signal synchronization projects.

                     Approve a five percent (5%) reduction in automobile trips as a result of ATP implementation and an additional five percent (5%) reduction in automobile trips for developments proposing to implement active transportation improvements beyond typical development requirements.

                     Approve the annual accounting of the Citywide Traffic Impact Fee Program (Attachment 6).

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BACKGROUND:

Pursuant to the Mitigation Fee Act (California Government Code Sections 66001 through 66009), the City Council established certain Development Impact Fees (DIFs) that must be paid by developers of property to help offset some (or all) of the cost of public facilities related to the development project. The DIFs are for Park Development Impact Fees, Drainage Impact Fees, Traffic Impact Fees, and Fire Systems Development Fees.

The Mitigation Fee Act requires that City Council approve an annual report that provides information about the DIFs. These fees are required to be deposited into their own separate accounts or funds. The law also requires that certain findings be made in association with accumulated DIFs after the deposit into their respective account or fund.

ANALYSIS:

Reporting requirements under California Government Code 66006 specify that the City must prepare annual reports of Development Impact Fees within 180 days of the close of the fiscal year.

 

The reports must describe the fee, the amount of the fees collected, interest earned, and identification of any expenditures from those funds. The code also specifies that reports must be reviewed by the City Council at a regularly scheduled meeting not less than 15 days following release to the public. The FY 2023-24 Development Impact Fee Annual Report was released for public review on November 4, 2024.

 

The FY 2023-24 Development Impact Fee Annual Report is attached for City Council's review and approval (Attachment 1). A summary of the fees collected, and expenditures incurred in FY 2023-24 are included in the Financial Summary Report section.

 

Staff recommends that the City Council receive and file this Annual Report. Staff also requests the adoption of the attached resolution (Attachment 2), continuing the citywide traffic impact fee for new development in the City. The resolution incorporates the recommendations from the Traffic Impact Fee Ad Hoc Committee and staff.

Traffic Impact Fee Ad Hoc Committee - Annual Review

 

The Traffic Impact Fee Ad Hoc Committee and staff met on October 29, 2024 to review the traffic impact fee program and calculation. Recently completed projects, consideration of active transportation projects, and the available traffic impact fee fund balance were accounted for in this review.

 

Attachment 4 provides the calculation of the traffic impact fee of $228 per Average Daily Trip (ADT) based on a revised list of capital improvement projects and the inclusion of Active Transportation projects. The Committee deliberated an option to continue the current traffic impact fee of $235 per ADT or to reduce the traffic impact fees to $228 per ADT. The discussion focused on the current balance of the traffic impact fee fund which is adequate to fund projects over the next two-to-three years and the upcoming study to review traffic impact fees taking into account future housing development as part of rezoning to meet state goals.

 

Following a review of the fee analysis and staff input, the Ad Hoc Committee recommended to adopt the calculated traffic impact fee of $228 per ADT with the inclusion of Active Transportation projects in the Traffic Impact Fee program.

 

In addition, the Ad Hoc Committee recommended to continue the allocation of up to ten percent (10%) of traffic impact fees towards traffic signal synchronization projects. The Ad Hoc Committee also recommended to continue to provide a five percent (5%) reduction in automobile trips for development projects due to the implementation of the Active Transportation Plan (ATP) and an additional five percent (5%) reduction in ADT if a development proposes to implement active transportation improvements beyond typical code requirements. The improvements must be substantial such as the addition of a multipurpose trail, conversion of lower-class active bicycle facility to a higher-class bicycle facility, or enhanced pedestrian improvements in the vicinity of the project.

 

The Fiscal Year 2023-24 Traffic Impact Report (Attachment 6) depicts the opening balance, the ending balance on June 30, 2024, interest earned, revenues, expenditures, and unexpended funds from the Citywide Traffic Impact Fee Account. This attachment also shows that there are no funds unexpended or uncommitted in the account five (5) or more years after deposit and that no administrative costs have been charged to the fee account. The accounting was presented to the Committee at their meeting on October 29, 2024, and was approved.

 

As required by the Government Code, the updated Capital Improvement Plan (CIP) is contained in the Fiscal Year 2024-25 Adopted Budget and remains valid for the current traffic impact fee review. The traffic impact fee account information, including the interest earned, shown in Attachment 6, is available for public review.

ALTERNATIVES:

The City Council may choose to reject all, or part of the Annual Report as presented. California Government Code Section 66006 requires that the report be reviewed at a public meeting. The City Council may choose to modify the Committee recommendation on traffic impact fees to continue the current $235 per ADT. If this alternative is selected, the resolution will be modified to reflect City Council action.

FISCAL REVIEW:

The change to the traffic impact fee from $235 to $228 represents a reduction of $7 per ADT or 3% decrease from the current fee. If approved, the fiscal impact from the reduced fee will be a decrease of an estimated $5,500 from the prior fiscal year revenue. This report is legally required annually for the development impact fee activity and traffic impact fee analysis for the Fiscal Year ended June 30, 2024.

 

LEGAL REVIEW:

The City Attorney’s Office has reviewed this report and approves as to form.

 

CITY COUNCIL GOALS AND PRIORITIES:

This item is administrative in nature.

 

CONCLUSION:

Staff recommends the City Council:

1.                     Receive and file the Development Impact Fees Annual Report (Attachment 1) for the Fiscal Year ended June 30, 2024.

2.                     Adopt the attached resolution (Attachment 2) continuing the citywide traffic impact fee for new development that incorporates recommendations from the Traffic Impact Fee Ad Hoc Committee and staff, which include:

 

                     Adopt a traffic impact fee of $228 per Average Daily Trip (ADT) based on the Capital Improvement Projects in Attachment 4 and Active Transportation projects in the adopted Active Transportation Plan (ATP).

 

                     Approve allocation of up to ten percent (10%) of traffic impact fees towards traffic signal synchronization projects.

 

                     Approve a five percent (5%) reduction in automobile trips as a result of ATP implementation and an additional five percent (5%) reduction in automobile trips for developments proposing to implement active transportation improvements beyond typical development requirements.

 

                     Approve the annual accounting of the Citywide Traffic Impact Fee Program (Attachment 6).