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<br />~ <br /> <br />TISCHLER & <br />AssocIATEs, 1Nc. <br /> <br />4701 Sangamore Road <br />Suite N210 <br />Bethesda. MO 20816 <br />(301) 320-6900 <br />Fax: (301) 32D-4860 <br /> <br />80. Annandale Road <br />Pasadena. CA 91105-1404 <br />(818) 790-6170 <br />Fax: (818) 79D-6235 <br /> <br />(800) 424-4318 <br /> <br />tischlerassociates,com <br /> <br />Fiscallmpacl Analysis <br /> <br />. <br /> <br />Capital Facility Analysis <br /> <br />. <br /> <br />Impact Fee Systems <br /> <br />. <br /> <br />Growth POlicy Planning <br /> <br />. <br /> <br />Economic and Market Analysis <br /> <br />MUNIES. FISCAlS & CRIM <br />Fiscal impact systems tailored <br />for each community <br /> <br />I. EXECUTIVE S~[~[ARY <br /> <br />Tischler & Associates. Inc. (T A) has evaluated the feasibility of calculating <br />impact fees for several infrastructure categories. Impact fees can be defined as <br />new growth's proportionate share of the cost of capital facilities. The impact fee <br />would apply only against new growth, and is a one-time fee that is applied for <br />capital facilities, not operating expenses. <br /> <br />T A recommends the calculation and implementation of various impact fees for <br />new growth to pay its fair share. To the extent the maximum supportable impact <br />fees for each category are not implemented, higher revenue rates or new revenue <br />sources will be necessary, or the level of service for existing and new residents <br />will continue to decline. Impact fees will enable the City and its existing residents <br />to maintain its current level of service for the provision of capital facilities for <br />those categories evaluated. <br /> <br />T A recommends that the impact fees the City currently collects for parks and <br />recreation be recalibrated to reflect revised levels of service, costs and other <br />factors. <br /> <br />T A recommends that the impact fees the City currently collects for police, be <br />recalibrated to reflect revised levels of service, costs and other factors. <br /> <br />The City has plans to build a new City Hall to allow additional space which will <br />provide a more reasonable level service to serve both existing population as well <br />as new population. New growth should pay its fair share of the cost that will be <br />incurred by the City for this new facility. Also City equipment which is not <br />reflected in the Police, Park and Recreation categories noted above, should be <br />reflected in this category, which will be called municipal facilities and equipment. <br /> <br />T A recommends against the preparation of impact fees for roads. The City has <br />built very little of its current road infrastructure using local funds. Other reasons <br />for this recommendation are noted in the report. <br /> <br />In discussing the desirability and mechanism for financing roadway projects, <br />including the under-grounding of utility lines and landscaping along roadways, <br />T A recommends that a special assessment district be pursued. All property <br />owners will benefit from these improvements. This subject is further discussed in <br />the report. <br /> <br />32 <br /> <br />1 <br />