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HomeMy WebLinkAboutRES 960109-X - Approve Cap Improv PlansRESOLUTION NO. RESOLUTIONOF ► OF GEORGETOWN, • • • •VING THE CAPITAL IMPROVEMENTS IMPACTPLAN TO BE USED TO DEVELOP WATER AND WASTEWATER WHEREAS, the City Council of the City of Georgetown Texas has appointed an Impact Fee Advisory Committee, as per the provisions of Chapter 395 of the Texas Local Government Code, to guide the development of planning, land use, capital improvements plan and impact fee information for the existing and future water and wastewater utilities; and WHEREAS, the Impact Fee Advisory Committee reviewed and approved the Capital Improvements Plan at its meeting of September 26, 1995; and WHEREAS, the Capital Improvements Plan will be used by the City of Georgetown in its evaluation and consideration of impact fee ordinances; and WHEREAS, the City Council of the City of Georgetown called for a Public Hearing at its regularly scheduled session of October 24, 1995, to seek public comment on the proposed Capital Improvements Plan and the general nature of the proposed capital improvements; and WHEREAS, the City of Georgetown made requisite public notice of such Public Hearing for three consecutive weeks in a general circulation local newspaper, the first such notice appearing September 17, 1995; and WHEREAS, the City of Georgetown made publicly available on or before the date of the first publication of the notice various information concerning the Public Hearing issues; and WHEREAS, the City of Georgetown has received public testimony on October 24, 1995, from the general public, appointed representatives of the Advisory Committee, and technical consultants to the Advisory Committee; NOW, i 1 BY THE CITY COUNCILOF OF i' i SECTION 1. The facts and recitations contained in the preamble of this resolution are hereby found and declared to be true and correct, and are incorporated by reference herein and expressly made a part hereof, as if copied verbatim. The City Council hereby finds that this resolution implements the following policies of the Century Plan - Policy Plan: Capital Improvements Plan Resolution No. Page 1 of 2 I . Economic Development Policy 5, which states "The City has a self-sustaining economy"; and 2. Facilities and Services Policy 1, which states "The City enjoys a high quality of life with excellent facilities and services and the provision of new services which meet the specific needs of the community"; and 3. Finance Policy 4, which states "Sufficient financial resources for both short term and long term needs are provided". The City Council further finds that the adoption of this resolution is not inconsistent or in conflict with any other Century Plan Policies, as required by Section 2.03 of the Administrative Chapter of the Policy Plan. SECTION 2. The Georgetown City Council hereby adopts the attached Capital Improvements Plan which will be used to develop water and wastewater impact fees may as required under the provisions of Chapter 395 of the Texas Local Government Code. SECTION 3. This resolution shall be effective immediately upon adoption. RESOLVED this ' day of 'ry 1996. r , x ATTEST: THE CITY OF GEORGETOWN: PY. 4, .. ✓ ry' Sandra Lee City Secretary NARROVED AS TO FORM Marianne Banks City Attorney Capital Improvements Plan Resolution No. / X Page 2 of 2 s �J By: LEO WOOD Mayor D95-0079.01 i Prepared for: City of Georgetown, Texas PO Box 409 Georgetown, Texas 78627-0409 (512) 930-3575 James Duncan and Associates 13276 Research Blvd., Suite 208 Austin, Texas 78750 (512) 258-7347 Prepared by: July, 1995 Rimrock Consulting Company PO Box 163643 Austin, Texas 78716 (512) 442-1435 JAMES DUNCAN AND ASSOCIATES Georgetown Impact Fees RIMROCK CONSULTING COMPANY 4:4 DEVELOPMENT WATER AND WASTEWATER IMPACT 1.0 INTRODUCTION The 70th Texas Legislature passed Senate Bill 336 (subsequently codified as Chapter 395 of the Texas Local Government Code) regulating various types of utility fees, defined in the legislation as "impact fees". Such fees include not only traditional impact fees, but also capital recovery, lot, acreage, frontage and other typical utility fees, as well as facility dedication programs. The legislation laid out very specific requirements for the technical development of these fees as well as the procedures necessary for enactment of such fee programs. The City of Georgetown abolished water and sewer impact fees in 1990. With the expectation of high growth in the community due to the development of Sun City and other ongoing community growth, the City Council has decided to develop water and sewer impact fees, under the requirements of Chapter 395, in order to reduce the growth -related cost impacts on the community. James Duncan and Associates, in association with Rimrock Consulting Company, was engaged by the City to perform the technical study, required under State law, for the enactment of these fees. The study consists of two phases: Phase I considers the 'land use assumptions", or planning basis of the capital improvements program and fees. Phase I was completed in December 1994 with a public hearing and adoption of land use planning assumptions. This report presents the technical results of Phase II of the study, which consists of capital improvements plans for the water and sewer utilities, and the development of impact fees. 2.0 TECHNICAL BASIS OF IMPACT FEE CALCULATIONS 2.1 CAPITAL IMPROVEMENTS PLANS Chapter 395 requires the following elements be included in the Capital Improvements Plan (CIP) used as the basis for impact fees: Table of service usage for each category of capital improvements and a conversion table of service- units per acre (or other measure) of at least residential, commercial and 1 JAMES DUNCAN AND ASSOCIATES Nl� Georgetown Impact Fees RIMROCK.CONSULTING COMPANY ..... _......n ._.... ... .> v ... s .s..rr.>.>r.v.. s.wu....-.>. ;` ? : i:;i::::i. %i: •i:: ..:i i'':%jyA: jii:; is :::jr sn iii:; : <j: iii :i'y :::'>'-' :•r'i .... :: "i:%t :i"`-is i:" e- ":<::: ii'` ':;: k': yi y: ::% t: ;::: ;y:: ? ..... industrial land uses • Projections of total service units for new development, within the service area: ® At full buildout ® Within 10 years or less Description of existing capital improvements, including: ® Existing capital improvements within the service area ® Analysis of total capacity of existing improvements ® Analysis of current usage of existing improvements • Analysis of commitments for usage of existing capacity ® Costs to upgrade, update, improve, expand or replace facilities for existing needs ® Description of capital improvements needed to serve new development within the next 10 years or less (based upon adopted service area, land use and unit usage assumptions), including: ® All or portions of the existing CIP ® All or portions of the future CIP ® Costs associated with both existing and future CIP facilities needed for new development 2.1.1 Table of Service Usage The City's engineering consultant, Camp Dresser & McKee (CDM), provided service usage standards for the study. These are expressed in a number of gallons per capita and are shown in Table 2-1 and Table 2-2. 2 JAMES DUNCAN AND ASSOCIATES Georgetown Impact Fees RIMROCK CONSULTING COMPANY . . ......... TABLE 2-1 CAPACITY DEMAND REQUIREMENTS FOR WATER FACILITIES FACILITY BASIS CAPACITY/CAPITA Supply Average Day 182 gallons/capita/daily Treatment Peak Day 297 gallons/capita/daily Pumpage Engineer's Analysis 495 gallons/capita/daily Ground Storage Key Fire Rate 130 gallons/capita Elevated Storage Key Fire Rate 55 gallons/capita Major Transmission Peak Day 297 gallons/capita/daily SOURCE: Camp, Dresser & McKee. TABLE 2-2 CAPACITY DEMAND REQUIREMENTS FOR SEWER FACILITIES FACILITY BASIS CAPACITY/CAPITA Treatment Max Month 102 gallons/capita/daily Pumpage Engineer's Analysis 255 gallons/capita/daily Major Collection Max Month 102 gallons/capita/daily SOURCE: Camp, Dresser & McKee. 2.1.2 Conversion Table Section 395.014(a)(4) of the Impact Fee Act requires: . an equivalency or conversion table establishing the ratio of a service unit to various types of land uses, including residential, commercial, and industrial .... 3 JAMES DUNCAN AND ASSOCIATES Georgetown Impact Fees RIMROCK CONSULTING COMPANY In order to comply with this provision of the law and utilize the City's unique Land Intensity Plan, the Consultants had to perform several steps: 8 Identify a "service unit' to measure both current and future demand ® Calculate the number of service units currently served by each utility and determine the number of gallons of demand associated with each service unit Identify the number of service units associated with each category of land use in the City's land use projections, consistent with the Land Intensity Plan 2.1.2.1 Service Unit Identification The first task for the Consultants was to identify a "service unit", which is defined as "a standardized measure of consumption, use, generation, or discharge attributable to an individual unit of development calculated in accordance with generally accepted engineering or planning standards for a particular category of capital improvements or facility expansions". Most typically, service units for water and sewer utilities are based upon the capacity attributable to water meters in the utility system. The reason for this is that water meters are physical elements, in various sizes, which limit the maximum capacity demand of various users. Table 2-3 shows the number of service units attributable to various meters in the City water system. 2.1.2.2 Service Unit Demand The next step was to calculate the approximate number of service units currently served by the City's water and sewer system. Table 2-4 shows the number of water meters of various sizes currently active in the City's water system, and the conversion of the capacity represented by the meters to service units. The table indicates that there are approximately 2.906 persons per service unit. Since the sewer service population is estimated at 18,833 (according to previously adopted land use assumptions), the number of service units is estimated to be 6,480. Using the estimate of 2.906 persons per service unit, the capacity demand requirements shown in Table 2-1 and Table 2-2 were re -expressed as capacity demand per service unit. These service unit demands are shown in Table 2-5 and Table 2-6. 0 JAMES DUNCAN AND ASSOCIATES Georgetown Impact Fees RIMROCK. CONSULTING COMPANY ... . ... ........ TABLE 2-3 SERVICE UNIT EQUIVALENCIES FOR VARIOUS TYPES AND SIZES OF WATER METERS SOURCE: AWWA Standards C700, C701, C702, C703. 5 CONTINUOUS METER METER DU-fY MAXIMUM RATIO TO TYPE SIZE RATE 3/4" METER WPM) SIMPLE 5/8" x 3/4" 10 0.667 SIMPLE 3/411 is 1.000 SIMPLE 1.1 25 1.667 SIMPLE 1-1 /2" 50 3.333 SIMPLE 2 80 5.333 COMPOUND --------------------------------------------------------- 2" 80 5.333 TURBINE 2" 100 6.667 COMPOUND ------------ -------- ----------------------------------------------TURBINE 3" ------------ 160 -------------- 10.667 ------------ TURBINE 3" 240 16.000 COMPOUND 4" 250 16.667 ---------------------------------------------------------- TURBINE 4" 420 28.000 COMPOUND ---------------------------------------------------------- 6" 500 33.333 TURBINE 6" 920 61.333 COMPOUND ----------------------------------------------------- 8" 800 53.333 ---- TURBINE 8" 1600 106.667 COMPOUND ---------------------------------------------------------- 101, 1150 76.667 TURBINE 101, 2500 166.667 TURBINE 12" 3300 220.000 SOURCE: AWWA Standards C700, C701, C702, C703. 5 JAMES DUNCAN AND ASSOCIATES Georgetown Impact Fees RIMROCK CONSULTING COMPANY 3..•�:,:;.:>�a;;w.,;<:;c.:;a:�sx><;•a;auxx->,<..;z>;:a�•::;8:..=:•��^.a.. s.:. :...,.. ._ r...._ _ _ _. ._ «.......,,...<.t„.. ......� CURRENTTABLE 2-4 •COUNT AND ESTIMATION OF SERVICE UNITS Classification, Inside or Outside Citylocation Meter Size Number of Meters [a] Units per Meter Number of Service Units Residential, Inside 3/4" 4,534 1.000 4,534 Residential, Outside 3/4" 1,546 1.000 1,546 Residential, Inside 1" 159 1.667 265 Residential, Outside ill 62 1.667 103 Residential, Inside 1-1/2" 17 3.333 57 Residential, Outside 1-1/2" 6 3.333 20 Residential, Outside 2" 4 5.333 21 Commercial, Inside 3/4" 397 1.000 397 Commercial, Outside 3/4" 8 1.000 8 Commercial, Inside 1" 70 1.667 117 Commercial, Outside 1'" 2 1.667 3 Commercial, Inside 1-1/2" 46 3.333 153 Commercial, Outside 1-1/2' 2 3.333 7 Commercial, Inside 2" 41 5.333 2 Commercial, Outside 2" 2 5.333 11 Commercial, Inside 3" 8 10.667 85 Commercial, Inside 4" 3 16.667 50 Commercial, Outside 4" 2 16.667 33 School, inside 3/4" 10 1.000 10 School, Inside 1" 3 1.667 5 School, Inside 1-112" 3 3.333 10 School, Inside 2" 16 5.333 85 School, Inside 3" 3 10.667 32 School, Inside 4" 4 16.667 67 School, Inside 6" 1 33.333 33 Industrial, Inside 3/4" 12 1.000 12 Industrial, Inside 1"" 4 1.667 7 Industrial, Inside 1-1/2" 9 3.333 30 Industrial, Inside 2" 8 5.333 43 Industrial, Outside 2" 1 5.333 5 Industrial, Inside 31" 4 10.667 43 Industrial, Inside 4" 1 33.333 33 City lift Stations 2" 1 5.333 5 Total 6,989 7833 Population 22,767 Population per Service Unit 2.91 [a] Source: City of Georgetown Finance Department. JAMES DUNCAN AND ASSOCIATES Georgetown Impact Fees RIMROCK CONSULTING COMPANY ............: .:. �. .::.......:.�.v:.:::'s. '�+'.} isF.iti::::•Yi::i':?.::.:::i;•.':%5:::::::in � ni:::_ '.: � �'!::w:i:?� �:::i:::if 2<:Y�v �'v::�'� �::Vs:ii J J:.ii5'� ii)? TABLE 2-5 CAPACITY DEMAND REQUIREMENTS FOR WATER FACILITIES SERVICE UNIT BASIS FACILITY BASIS CAPACITY/SERVICE UNIT Supply Average Day 530 gallons/unit/daily Treatment Peak Day 864 gallons/unit/daily Pumpage Engineer's Analysis 1,440 gallons/unit/daily Ground Storage Key Fire Rate 378 gallons/unit Elevated Storage Key Fire Rate 160 gallons/unit Major Transmission Peak Day 864 gallons/unit/daily SOURCE: Camp, Dresser & McKee. TABLE 2-6 CAPACITY DEMAND REQUIREMENTS FOR SEWER FACILITIES SERVICE UNIT BASIS FACILITY BASIS CAPACITY/SERVICE UNIT Treatment Max Month 296 gallons/unit/daily Pumpage Engineer's Analysis 741 gallons/unit/daily Major Collection Max Month 296 gallons/unit/daily SOURCE: Camp, Dresser & McKee. 2.1.2.3 Land Use Conversion Table Table 2-7 and Table 2-8 show the peak water demand and average sewage flows, respectively, for various land uses, as shown in the City's Land Intensity Plan. For each land use, the service demand is divided by the value of a service unit (864 gallons/day for water, 247 gallons/day for sewer) to determine how many service units are applicable for each land use for each utility. 7 JAMES DUNCAN AND ASSOCIATES Georgetown Impact Fees RIMROCK CONSULTING COMPANY ... ......... t.',.':.:_-'-_'.- .. ......... ..-..... SERVICE UNIT CONVERSION CHART FOR VARIOUS LAND USES WATER UTILITY LAND USE ACTIVITY> PEAK DAY DEMAND GPD/Measure (a) FEE SERVICE UNITS g 864 GPD/Measure MEASURE Agriculture 1,157 1.34 Dwelling Un. Detached SF Residential, Large Lot 1,157 1.34 Dwelling Un. Detached SF Residential, Average Lot 998 1.16 Dwelling Un. Attached SF Residential 650 0.75 Dwelling Un. Multi -Family Residential 528 0.61 Dwelling Un. Mobile Home Residential 650 075 Dwelling Un. Lodging 192 0.22 1,000 Sq. Ft. Institutional 343 0.40 1,000 Sq. Ft. Church with Day Care 308 0.36 1,000 Sq. Ft. Church without Day Care 186 0.22 1,000 Sq. Ft. Recreational 34 0.04 Acre Medical Office 416 0.48 1,000 Sq. Ft. General Office 364 0.42 1,000 Sq. Ft. Retail, Mixed 650 0.75 1,000 Sq. Ft. Retail, Restaurant 1,560 1.81 1,000 Sq. Ft. Retail, Store 325 0.38 1,000 Sq. Ft. Employment Center 364 0.42 1,000 Sq. Ft. Warehouse 57 0.07 1,000 Sq. Ft. Mini -Warehouse 4 0.005 1,000 Sq. Ft. (a) Source: Georgetown Century Plan, Land Intensity. I JAMES DUNCAN AND ASSOCIATES Ap Georgetown Impact Fees RIMROCK CONSULTING COMPANY N "WINTIN-M., _1*1611eff LAND USE ACTIVITY PEAK DAY FLOW GPD/Measure (a) FEE SERVICE UNITS @ 247 GPDIMeasure MEASURE Agriculture 289 1.17 Dwelling Un, Detached SF Residential, Large Lot 289 1.17 Dwelling Un. Detached SF Residential, Average Lot 250 1.01 Dwelling Un. Attached SF Residential 175 0.71 Dwelling Un. Multi -Family Residential 156 0.63 Dwelling Un. Mobile Home Residential 193 0.78 Dwelling Un. Lodging 61 0.25 1,000 Sq. Ft. Institutional 92 0.37 1,000 Sq. Ft. Church with Day Care 83 0.34 1,000 Sq. Ft. Church without Day Care 50 0.20 1,000 Sq. Ft. Recreational 5 0.02 Acre Medical Office 112 0.45 1,000 Sq. Ft. General Office 91 0,37 1,000 Sq. Ft. Retail, Mixed 163 0.66 1,000 Sq. Ft. Retail, Restaurant 480 1.94 1,000 Sq. Ft. Retail, Store 88 0.36 1,000 Sq. Ft. Employment Center 91 0.37 1,000 Sq. Ft. Warehouse 14 0.06 1 1,000 Sq. FL Mini -Warehouse 1 0.004 1 1,000 Sq. Ft. (a) Source: Georgetown Century Plan, Land Intensity. 9 JAMES DUNCAN AND ASSOCIATES Georgetown Impact Fees R/MROCK CONSULTING COMPANY 2.1.3 Projected Service Units for New Development The estimated demand per capita shown in Table 2-1 and Table 2-2 was applied to projected populations adopted after the City's hearing on land use assumptions to yield the estimated water and wastewater service demands shown in Table 2-9 and Table 2-10, expressed in service units. As required by the legislation, projections are shown for both 2005 and ultimate buildout. TAB! E 2-9 ESTIMATED SERVICE DEMAND BY FACILITY TYPE WATER UTIUTY EAC1LiT`( TYPE VOLUME 1995 2005 ULTIMATE TOTAL SERVICE UNITS (a) 7,833 12,855 44,021 WATER SUPPLY AVG MGD: Estimated Demand (b) 4.151 6.813 23.331 Existing Capacity (g) 20.608 20.608 20.608 Excess/(Deficiency) 16.457 13.795 (2.723) WATER TREATMENT PEAK MGD: Estimated Demand (c) 6.768 11.107 38.034 Existing Capacity (g) 10.200 10.200 10.200 Excess/(Deficiency) 3.432 (0.907) (27.834) BOOSTER PUMP PEAK MGD: Estimated Demand (d) 11.280 16.511 63.390 Existing Capacity (g) 63.360 63.360 63.360 Excess/(Deficiency) 52.080 44.849 (0.030) GROUND STORAGE MG: Estimated Demand (e) 2.960 4.857 16.633 Existing Capacity (g) 5.750 5.750 5.750 Excess/(Deficiency) 2.790 0.893 (10.863) ELEVATED WATER STORAGE MG: Estimated Demand (f) 1.252 2.055 7.037 Existing Capacity (g) 2.500 2.500 2.500 Excess/(Deficiency) 1.248 0.445 4.537 (a) 1995 service units based on count of equivalent 314' meters. 2005 and ultimate service units determined by design demand per capita: Service Unit = 2.91 persons (b) Capacity Demand = 530 gallons/service unitldaily (c) Capacity Demand = 864 gallons/service unit1daily (d) Capacity Demand = 1,440 gallons/service unit/daity (e) Capacity Demand = 378 gallonslservice unit (0 Capacity Demand = 160 gallons/service unit (g) Existing Capacity details are contained in Capital Improvements Program Inventory. 10 JAMES DUNCAN AND ASSOCIATES Georgetown Impact Fees RIMROCK CONSULTING COMPANY ..,.4vv:i Vii::.u....«v..+..v.:.r...:✓wwss.o>......_a:..._..n._.✓f..-.,.:.....-..............+,.vt>..:.c:..,.-..a...:.............-....::........ .+.-.e-.+-....x_ ::•i::i:v'Civ:•ii:^�:?'is4i:: isJi:::A: :vi::•:: `:iini: i:..v:..:-::":::-::: •i:^:''ii:�iii::::::::::::::-::::::•::::-::•:_ii}i::::6:yi:::tyvi:Lii:•}i::: i::tiiiLi:•ii: {�i:::: ii:::::: i.; ::: :::::::::::p TABLE 2-10 ESTIMATED SERVICE DEMAND BY FACILITY TYPE WASTEWATER UTILITY FACILITY TYPE VOLUME 1995 ; 2005 ULTI[ViATE TOTAL SERVICE UNITS (a) 6,480 12,855 44,021 WASTEWATER TREATMENT PEAK MGD: i Estimated Demand (b) 1.921 3.811 13.051 Existing Capacity (d) 3.840 3.840 3.840 Excess/(Deficiency) 1.919 0.029 (9.211) WASTEWATER PUMPING PEAK MGD: Estimated Demand (c) 4.802 9.528 32.627 Existing Capacity (d) 16.100 16.100 16.100 Excess/ Deficient 11.298 6.572 16.527 (a) Service units determined by design demand per capita served: Service Unit = 2.91 persons (b) Capacity Demand = 296 gallons/service unitldaily (c) Capacity Demand = 741 gallonslservice unitldaily (d) Existing Capacity details are contained in Capital Improvements Program 2.1.4 CIP Development for Existing and Future Needs Facility unit statistics shown in Table 2-5 and Table 2-6 were used to project facility needs for both existing and future customers. Table 2-9 and Table 2-10 show current needs for existing customers, as well as projected capacity needs for growth. No deficiencies for existing customers were identified by the City's consulting engineers. Table 2-11 and Table 2-12 present the inventory of facilities as required in Chapter 395. They show the required allocation of existing and future CIP facility needs for existing development; future development within the next ten years; and excess capacity for subsequent future development. For each generation of utility customers, these tables show facility needs which will be met by Existing Facilities and Future Facilities. 11 JAMES DUNCAN AND ASSOCIATES Georgetown Impact Fees RIMROCK CONSULTING COMPANY Cost allocations are also shown in Table 2-11 and Table 2-12. Cost estimates for each facility were taken from actual cost of existing facilities and projected costs of future facilities. Costs were expressed on a per -service unit basis. Finally, an appropriate cost share was attributed to 1995-2005 growth, as determined from capacity allocations shown. Total capital costs for 1995-2005 growth were then summed for each utility. TABU 2-11 CAPITAL IMPROVEMENTS INVENTORY AND COSTS WATER UTILITY FACILITY CONSTRUCT COST FACILITY CAPACITY (rrrgd or gats) 1995- 2005 CAPITAL COST TOTAL 1995 - 2005 COST PER SERVICE UNIT (a) TYPE NAME TOTAL FOR CURRENT CUST_ EXCESS < 10 YEARS EXCESS > 10 YEARS SUPPLY EXISTING FACILITIES MGD Downtown Well #1 $15,403 1.440 Downtown Well #2 $18,397 1.720 San Gabriel Park Well #1 $14,705 3.600 San Gabriel Park Well #2 $6,127 1.500 Klein Well $20,104 0.900 Lake Georgetown $104,144 6.000 Stillhouse Hollow Reservoir $0 (b) 5.448 Subtotal Existing Facilities $178,880 1 20.608` 4.151 12.662 113.795 1 $23,104 FUTURE FACILITIES Stillhouse Raw Water Line $5,605.765 5.448 Subtotal Future Facilities $5,605,765 5.448 0.000 0.704 4.744 $724,037 TOTAL WATER SUPPLY FACILITIES $5,784,645 20.608 4.151 2-662 13.795 $747,141 $148.77 12 JAMES DUNCAN AND ASSOCIATES Georgetown Impact Fees RIMROCK CONSULTING COMPANY ....... . m ......... ... . TABLE 2-11 CAPITAL IMPROVEMENTS INVENTORY AND COSTS WATER UTILITY 13 FACILITY FACILITY CAPACITY (mgd or gals) 1995- 2005 CONSTRUCT COST 2005 CAPITAL COST PER FOR EXCESS EXCESS TYPE NAME TOTAL CURRENT < 10 > 10 COST SERVICE GUST. YEARS YEARS TOTAL UNIT (A) -REATMENT EXISTING FACILITIES MGD Lake Georgetown Treatment Plant $4,660,317 5.450 San Gabriel Park Treatment Plant $4,090,000 4.750 Subtotal, Existing Facilities $8,750,317 10.200 6:768 3.432 0.000 $2,944,471 FUTURE FACILMES Lake Georgetown WTP Exp #1 $5,625,000 6.000 Lake Georgetown WTP Exp #2 $5,625,000 6.000 Lake Georgetown WTP Exp #3 $5,625,000 6.000 Subtotal.. Future Facilities $16,875.000 18.000 0.000 0,907 17.093 $850,136 TOTAL WATER TREATMENT -' $25,625,317 28.200 6.768 4.339 17.093 $3,794.608 13 JAMES DUNCAN AND ASSOCIATES Georgetown Impact Fees RIMROCK CONSULTING COMPANY TABLE 2-11 CAPITAL IMPROVEMENTS INVENTORY AND COSTS WATER UTILITY :FACILITY1995. CONSTRUCT 7CON COST COST FACILITY CAPACITY (m9d or gals) 2005 CAPITAL COST TOTAL 2005 COST PER SERVICE UNIT (a) TYPE , NAME TOTAL FOR CURRENT GUST. EXCESS < 10 YEARS EXCESS > 10 YEARS PUMPING EXISTING FACILITIES MGD Lake Georgetown Raw Water P.S. 1 $10,800 3.024 Lake Georgetown Raw Water P.S. 2 $10,800 3.024 Lake Georgetown Raw Water P.S. 3 $10,800 3.024 L Georgetown WTP HS Pump, P1 $13.480 3,744 L Georgetown WTP HS Pump, P2 $13,480 3,744 L Georgetown WTP HS Pump, P3 $13,480 3.744 L Georgetown WTP HS Pump, P4 $13,480 3.744 L Georgetown WTP HS Pump, P5 $13,480 3.744 S. Gabriel WTP HS Pump, Pi $25.862 3.600 S. Gabriel WTP HS Pump, P2 $25,862 3,600 S. Gabriel WTP HS Pump. P3 $25,862 3.600 S. Gabriel WTP HS Pump, P4 $25,862 3.600 Sequoia Spur HS P.S., P1 $13,333 3.600 Sequoia Spur HS P.S., P2 $13,333 3.600 Sequoia Spur HS P.S., P3 $9,333 2.520 Southside Booster P.S.. P1 $8,117 1.080 Southside Booster P.S., P2 $8.117 1.080 Southside Booster P.S- P3 $16,233 2-160 Southside Booster P.S.. P4 $16.233 2.160 Airport Booster P.S., PI $1.826 0.324 Airport Booster P.S., P2 $1,826 0.324 Airport Booster P.S., P3 $12,174 2.160 Airport Booster P.S., P4 $12,174 2,160 Subtotal Existing Facilities $315,946 63.360 11.280 1 5.116 1 46.965 1 $25,509 1 14 JAMES DUNCAN AND ASSOCIATES 40 Georgetown Impact Fees RIMROCK- CONSULTING COMPANY ......... ....... . . . .... ........... .7 TABLE 2-11 CAPITAL IMPROVEMENTS INVENTORY AND COSTS WATER UTILITY 1995- FACILITY FACILITY CAPACITY (n-igd or gals) 1995- 2005: CONSTRUCT 2005 COST COST FOR EXCESS EXCESS CAPITAL PER CURRENT < 10 COST SERVICE TYPE NAME TOTAL CA > 10 OUST. YEARS YEARS TOTAL UNIT (a) FUTURE FACILITIES MG Sun City High Service P.S. $437,500 8.210 Lake Georgetown HS P.S. 2 $625,000 6.000 Lake Georgetown HS P.S. 3 $625,000 6.000 Lake Georgetown HS P.S. 4 $625,000 6.000 Subtotal Future. Facilities :,.TOTAL ,WATER :,PUMPAGE $2,312,500 $2,628,446 26.210 0.000 2.116 24.094 $186,710 89.570 11280 7.232 71.059 $212,219 ,ROUND STORAGE EXISTING FACILITIES MG Sequoia Spur Booster Storage $360,571 2.000 Lake Georgetown Clearwell 3 $625,000 1.000 Southside Booster Ground Storage $150,000 1.000 Subtotal Future Facilities $2,500,000 TOTAL GROUND STORAGE $3,405,571 gill 5.000 1 0.000 0M3 1 4.117-1 10.750 2.1960 1.898 5.893 $441,305 Park Plant Clearwell $250,000 2.000 Lake Plant Clearwell $145,000 0.750 Subtotal: Existing Facilities . $905,571 5.750 2.960 1.015 I.775 $159,853 It FUTURE FACILITIES Sun City Ground Storage $625,000 2-000 Lake Georgetown Clearwell 2 $625,000 1.000 Lake Georgetown Clearwell 3 $625,000 1.000 Lake Georgetown Clearwell 4 $625,000 1.000 Subtotal Future Facilities $2,500,000 TOTAL GROUND STORAGE $3,405,571 gill 5.000 1 0.000 0M3 1 4.117-1 10.750 2.1960 1.898 5.893 $441,305 1 15 JAMES DUNCAN AND ASSOCIATES Georgetown Impact Fees RIMROCK CONSULTING COMpANy .0 TABLE 2-11 CAPITAL IMPROVEMENTS INVENTORY AND COSTS WATER UTILITY FACILJTY CONSTRUCT COST FACILITY CAPACITY (mgd or gals) 199s- 2005 CAPITAL COST TOTAL 2005 COST PER SERVICE UNIT(a) TYPE NAME TOTAL FOR CURRENT CUST. EXCESS < 10 YEARS EXCESS > 10 YEARS ELEVATED STORAGE EXISTING FACILITIES MG James St, Elevated Storage $820.000 0.500 Leander Rd. Elevated Storage $820,000 0.500 Central Elevated Storage $820,000 0.500 Rabbit Hill Elevated Storage 1 $250,000 1 1.000 I Subtotal Existing Facilities $2.710,000 2.500 1.252 0.558 0.690 $604,356 FUTURE FACILITIES Sun City Elevated Storage #1 $550,000 0.400 Sun City Elevated Storage #2 $962,500 0.700 Subtotal. future Facilities, $1,512,500 1.100 0.0001: 0.245 0.855 TOTAL ELEVATED STORAGE $4,222;500 1252 0.803 1.545 < >$941,659 TRANSMISSION EXISTING FACILITIES MGD 1977 Lines $3,677,876 1983 Lines $309,743 1984 Lines $538,769 1985 Lines $183,790 1986 Lines $1,527,275 1987 Lines $4,976,501 Post -1987 Lines $2,074,056 Subtotal Existing Facilities $13,288,010 9.200 6.768 0.517 1.916 $746,053 W91 JAMES DUNCAN AND ASSOCIATES Georgetown Impact Fees RIMROCK CONSULTING COMPANY TABLE 2-11 CAPITAL IMPROVEMENTS INVENTORY AND COSTS WATER UTILITY FACILITY CONSTRUCT COST, FACILITY CAPACITY (mgd or gals) - - 1995- 2005 CAPITAL COST TOTAL 2005, COST SER\nCE UNIT (a) TYPE NAME TOTAL I I FORPER CURRENT COST. EXCESS 10> RSYEARS EXCES S 10 FUTURE FACILITIES 30' Sun City Water Main $1,681,258 12' Hwy 81 to Ind Pk & Crystal Knoll $272,500 24' Hwy 29 Line - IH35 to DB Wood $700,000 12' Williams Or Improvements $32,500 16' Urban Central Tank Line $91,250 12' Oak Crest Tie Improvement $52,500 16' IH35 Crossing by the River $27,500 16' bored IH35 Crossing $140,000 24' SW Loop (Phase 1) $588,000 24' West Loop - Andice to Exist. 12* $1,459,500 24' Sequoia Improvements $588,000 24* SW Loop (Phase 11) $441,000 24' bored IH35 Crossing $315.000 24' bored RR Crossing $105,000 24' bored BR 81 Crossing $105,000 24' Hwy 116 Improvements (Ph. 1) $409,500 24* Hwy 116 Improvements (Ph. 11) $231,000 24' IH35 Improvements $199,500 12' Leander Trunk Line $325,000 16' Crystal Knoll $342,500 17 JAMES DUNCAN AND ASSOCIATES Georgetown Impact Fees RIMROCK- CONSULTING COMPANY 7 TABLE 2-11 CAPITAL IMPROVEMENTS INVENTORY AND COSTS WATER UTILITY TRANSMISSION FUTURE FACILITIES (Cont) 24' D.B. Wood Rd. Improvements $577,500 Shelf Improvements $350,000 Berry Creek Improvements $700,000 Subtotal 'Future Facilities $9,734,008 18.000 0.000 3.823 14,177 $2,067,161 TOTAL TRANSIMISSION $23,022 017j 272200 6.768 ::47339 16-093 $2,813,214 $560.17 WATER_ CONSTRUCTION COST TOTAL $64,688,496 89.109,939 $1,814 (a) Assumes the following gals per service unit conversion factors Supply: 530 gallons/day Treatment: 864 gallons/day Pumpage: FACILITY Ground Storage: FACILITY CAPACITY (mgd or gals) 1995- 2005 Transmission: CONSTRUCT.: COST (b) There are no capital costs included in BRA charges to the City. 2005 CAPITAL COST PER FOR EXCESS EXCESS TYPE NAME TOTAL CURRENT 10 > 10 COST SERVICE CUST- YEARS YEARS TOTALLIN , IT (a) I I TRANSMISSION FUTURE FACILITIES (Cont) 24' D.B. Wood Rd. Improvements $577,500 Shelf Improvements $350,000 Berry Creek Improvements $700,000 Subtotal 'Future Facilities $9,734,008 18.000 0.000 3.823 14,177 $2,067,161 TOTAL TRANSIMISSION $23,022 017j 272200 6.768 ::47339 16-093 $2,813,214 $560.17 WATER_ CONSTRUCTION COST TOTAL $64,688,496 89.109,939 $1,814 (a) Assumes the following gals per service unit conversion factors Supply: 530 gallons/day Treatment: 864 gallons/day Pumpage: 1,440 gallons/day Ground Storage: 378 gallons Elevated Storage: 160 gallons Transmission: 864 gallons/day (b) There are no capital costs included in BRA charges to the City. 100 JAMES DUNCAN AND ASSOCIATES N�T Georgetown Impact Fees RIMROCK CONSULTING COMPANY TABLE 2-12 CAPITAL IMPROVEMENTS PROGRAM INVENTORY AND COSTS WASTEWATER UTILITY FACII.M CONSTRUCT, COST FACILITY CAPACITY 1995 2005 CAPITAL COST TOTAL 2005 COST PER SERVICE UNIT (a) TYPE NAME TOTAL FOR � CURRENT CUST. EXCESS I I < 10 YEARS EXCESS > 10 YEARS TREATMENT EXISTING FACILITIES MGD San Gabriel VVWTP $3,070,028 2.500 Dove Springs WWTP $2,300,000 1.240 Berry Creek VVVITP 1 $125,000 0.100 Subtotal'Existing Facilities $5.495,028 3.840 1.921 0.607 1.312 $868,139 FUTURE FACiUTIES Dove Springs WVV7P Expansion $3,125,000 1.260 Pecan Branch 1 $3,450,000 1.500 Pecan Branch 2 $2,500,000 1.000 Berry Creek VAWP 2 $750,000 0.300 Subtotal Future Faciliti es: TOTAL WASTEWATER TREATMENT $9,825000 $15.320.028:, 4.060 7.900 0.000 1.921, 1.283 1.890 2.777 4-089 $3,105,994 $3,974,133 $623.33 19 JAMES DUNCAN AND ASSOCIATES Georgetown Impact Fees RIMROCK CONSULTING COMPANY 19 TABLE 2-12 CAPITAL IMPROVEMENTS PROGRAM INVENTORY AND COSTS Ul WASTEWATER UTILITY FACILITY TYPE-NAME- CONSTRUCT, COST I FACILITY CAPACITY 1995- 2005 CAPITAL COST TOTAL 2005 COST PER SER\nCE UNIT (a) TOTAL FOREXCESSEXCESS CURRENT CUST. < 10 YEARS > 10 YEARS PUMPING EXISTING FACILITIES MGD River Road L.S. $62,000 0.360 111 Scenic L.S. $47,000 0.396 Park L.S. $204,000 5.184 River Ridge L.S. $86,000 0.864 Williams Dr. L.S. $38.000 0.360 Golden Oaks L.S. $55,000 0.432 Churchill Farms L.S. (c) $0 0.720 Rork St. LS. $51,000 1.584 South1fQfKk LS. (c) u" $0 0.792 Country Club L.S. y $65,000 1.325 Railroad & 15th L.S. $40,000 D.25' , Pecan Branch LS, $25,00 0.792 Smith Branch L.S. C $220,000 0.000 Interceptor L.S. (TriTract) $75,000 1.080 Riverview L.S. (c) $0 0.115 ACM Park East LS, $58,000 0.432 IH35 Park 1 West L.S. $58,000 0.620 River Ridge LS. $71,250 0.792 Subtotal Existing Facilities $1,157,250 16.100 4.802 4.604 6.694 FUTURE FACILITIES Railroad Expansion $25,000 0.233 Riverview Expansion $12,500 0.066 j uiner un siauons (u) Subtotal, Future Facilities,:,, $37,500 0,299 0.000 0.122 0.177 $15,281 TOTAL WASTEWATER PUMPAGE (b) $1,194.750 16.399 4.802 4.725mm� 6.871 $346,186 $54-30 20 TABLE 2-12 CAPITAL IMPROVEMENTS PROGRAM INVENTORY AND COSTS WASTEWATER UTILITY FACILITY CONSTRUCT` COS7 FACILITY CAPACITY 1995 2005 CAPITAL COST TOTAL 1965 - 2005 COST PER SERVICE UNIT (a) TYPE NAME TOTAL FOR CURRENT GUST. EXCESS < 10 YEARS- EXCESS" > 10 YEARS COLLECTION EXISTING FACILITIES MGD 1982 Lines $1,691,493 1983 Lines $77,839 1984 Lines $67,276 1985 Lines $129,456 Post -1985 Lines $3,290,761 Subtotal Elasting Facilities $5,256,825 7.300 1.921 1.228 3.000 $884,350 FUTURE FACILITIES Pecan Branch $1,740,900 21' Smith Branch interceptor Ph. I $434,075 10' Hart Street Collector Ph. 1 $174,623 30' Smith Branch Interceptor Ph. 2 $1,650,873 15' South Fork interceptor Ph. 1 $377,873 12' West Street Collector Ph. 1 $283,855 21' Smith Branch Interceptor Ph. 3 $511,638 21' Smith Branch Interceptor Ph. 4 $579,664 8' William Dr. Lift Station Relief $126,624 18' Pecan Branch Ph. 3 $501,184 15' Pecan Branch Ph. 4 $619,125 15' Pecan Branch Ph. 5 $588,255 21 JAMES DUNCAN AND ASSOCIATES Georgetown Impact Fees RIMROCK. CONSULTING COMPANY TABLE 2-12 CAPITAL IMPROVEMENTS PROGRAM INVENTORY AND COSTS WASTEWATER UTILITY FUTURE COLLECTION FACILITIES (Cont-) 12' Golden Oaks Lift Station Relief $73,819 6' Oak Crest Improvements $150,276 Sun City Force Main $1,500,000 Berry Creek 1995 FACILITY $900,000 FACILITY CAPACITY $1,500,000 2005 $11,931,531 2.900, 0.0001:: 0:662 2.238 $2,724,053 $17,188,3156: 10200, 1.921: 1.890 5.236 $3,608,403 $565.9 MENNOMMOM NEENNEWMEMM $33,703,134, :.$7.928,722 $1,244 CONS CONSTRUCT COST .2005 CAPITAL COST PER FOR: EXCESS EXCESS TYPE:: NAME L TOTAL CURRENT� <10 > 10 COST SERVICE CUST- YEARS YEARS TOTAL UNIT (a) FUTURE COLLECTION FACILITIES (Cont-) 12' Golden Oaks Lift Station Relief $73,819 6' Oak Crest Improvements $150,276 Sun City Force Main $1,500,000 Berry Creek $218,750 Effluent Return Ph. 1 $900,000 Effluent Return Ph. 2 $1,500,000 ... Subtotal, Future Facilities one== I, : TOTAL COLLECTION' ,WASTEWATER CONSTRUCTION COSTIOTAL $11,931,531 2.900, 0.0001:: 0:662 2.238 $2,724,053 $17,188,3156: 10200, 1.921: 1.890 5.236 $3,608,403 $565.9 MENNOMMOM NEENNEWMEMM $33,703,134, :.$7.928,722 $1,244 (a) Assumes the following gals per unit conversion factors Treatment: 296 gallons/day Pumpage: 741 gallons/day Collection: 296 gallons/day (b) Feepayers requiring construction of additional new lift stations will also be assessed cost of their prorata share of the future lift station. (c) Facilities contributed by developers without cost to the City. 22 JAMES DUNCAN AND ASSOCIATES Georgetown Impact Fees RIMROCK CONSULTING COMPANY 2.1.5 Summary of CIP Analysis and Capital Cost Allocations For all components in the utility systems, there is some excess capacity which will accommodate a portion of growth demands. But additional facilities are also needed, not only because of the magnitude of new growth anticipated, but also because of locational or operational requirements. The calculations in Table 2-11 and Table 2-12 allocate a considerable portion of the excess capacity in existing systems for use by new development, with the remainder of growth demand being met by new facility capacity. This produces a weighted average cost for new development which acknowledges the fact that new customers will use existing facilities, and will at the same time create a need for additional facilities. Table 2-13 summarizes the cost analysis for new water and wastewater growth. WATER ANDWASTEWATER CAPITAL • SUMMARY UTILITY FACILITY COST/SERVICE UNIT WATER Supply $148.77 Treatment $755.58 Pumping $42.26 Ground Storage $119.75 Elevated Storage $187.67 Major Transmission $560.17 Study Costs $4.98 TOTAL WATER CAPITAL COSTS $1,819.18 WASTEWATER Treatment $623.33 Pumping $54.30 Major Collection $565.97 Study Costs $3.92 TOTAL WASTEWATER CAPITAL COSTS $1247.52 TOTAL WATER AND WASTEWATER CAPITAL COSTS; $3,066.70 A service unit is equal to use by an average 314" water meter. 23 JAMES DUNCAN AND ASSOCIATES Nl� Georgetown Impact Fees RIMROCK CONSULTING COMPANY xv 4 4:5 �A ♦ ., .r r:. v. v ..:i'�ii- �::::Ci'"'J: v'::::iii �::J'wra. b. rN:,wtwv.w.r+!�..:a+.. .�.wr. er.>'n '....ws n •' _. :.:........ ...... }sv .... ... ... w .. xw A...,,}Cii4.x.•..e% 2.2 FEE CREDITS Chapter 395 states that the maximum fee amount may not exceed the full capital cost per unit. However, the legislation also states that customers may not be charged a fee for facilities which they have already constructed or dedicated; this may be interpreted to include dedication through rate or tax contributions. Moreover, there is a body of case law and legal opinion that future rate contributions must be considered in setting the fee amount. 2.2.1 The Equity Residual Model This portion of the report describes the Equity Residual approach to calculating an impact fee. This approach was devised by the Consultants to respond to Constitutional precedent which generally requires that the fee calculation take into account all the various means by which feepayers may fund capital facilities, including rate and/or tax payments. This methodology provides that each new customer contributes "equity" in the utility systems comparable to that owned by other existing users. Once that equity payment is made through the impact fee, each new customer would pay the remainder of the capital -related cost of service through rate or tax payments equal to the rate/tax payments of existing users. This minimizes cross -subsidization (one user group paying for the costs of another) and provides for full cost recovery for the City. This section contains a full discussion of that model. 2.2.1.2 Definition of Terms Terms which will be used throughout the conceptual presentation of this approach are defined below: Cost of Service (Construction) - The full off-site construction costs associated with providing one unit of service, including costs of all major facilities required to provide a single unit of service. Construction costs include engineering design costs and other cost components permitted by the Impact Fees Act. Cost of Service (Bonding) - Costs incurred in the issuance of bonds, such as ratings, fees for financial advisors, bond counsel, etc. 24 JAMES DUNCAN AND ASSOCIATES Georgetown Impact Fees RIMROCK CONSULTING COMPANY Cost of Service (Interest) - The interest cost applied to construction costs and bonding costs when payments are made over time. Cost of Service (Full) - The sum of payments made for a single unit of utility service. This is equivalent to capital construction costs only when cash payments are made instead of bond financing. For bonded improvements, full cost of service includes construction, bonding and interest costs. User Class - A group of users with historically documented, common use characteristics. Debt Service - Regular principal and interest payments made by the City to repay bonded costs of facilities. E ui - Value of contributions made toward full payment of cost of service; full cost of service minus outstanding debt service payments. Existing Users - All users of the utilities prior to the adoption of an impact fee ordinance. Existing Service Unit Demand - One unit of service demand in existence as of the date of the proposed impact fee ordinance. Future Users - New development after the date of impact fee ordinance adoption. Future Service Unit Demand - One unit of service demand occurring on or after the date of impact fee ordinance adoption. Indebtedness (Debt Service Payback) - Total amount outstanding for all debt service payments at the time an impact fee ordinance is adopted. Times Coverage - Revenue collections beyond annual debt service amounts, required by bond covenants to ensure the City's ability to meet its debt service revenue requirements (for water and sewer utilities.) Minimum times coverage is generally 25% over the amount of debt service; for greater security, greater times coverage is preferred. 25 JAMES DUNCAN AND ASSOCIATES 7RP Georgetown Impact Fees RIMROCK CONSULTING COMPANY 2.2.1.2 Components of Capital Cost of Service For purposes of this discussion, costs are defined for a common measurement of capacity and demand -- the service unit. Each service unit has a capital cost associated with the comprehensive group of facilities required to provide service (treatment, transmission, pumpage, storage, etc.). This value is the Construction Cost of Service (see Figure 2-1). If a facility is funded through bonding, however, three additional costs are incurred for each service unit of demand: bonding costs, interest costs, and, for revenue -bond financed utilities, times coverage costs. Bonding costs for bond issues are statistically small -- in the neighborhood of 3% to 10%. On the other hand, interest costs can effectively double or triple costs, depending on the current interest rate and term of the bonds. Times coverage provides revenues beyond debt service requirements and thus provides funds to the utility for capital expenditures, or perhaps other uses. However, times coverage does not add to the capital cost of services and therefore, times coverage is not included as a cost of service element in the Equity Residual model, and is not shown on Figure 2-1. 2.2.1.3 Methods for Recovering Costs of Service Generally speaking, costs can be financed through either the public sector or the private sector. Financing through the public sector is primarily accomplished by bonding projects and recovering costs through rates/taxes. Financing through the private sector occurs when a developer or builder contributes assets, either facilities or cash, and passes along this cost (including carrying and financing costs) to the ultimate buyer or renter of the development. An impact fee is one mechanism for private financing; other examples are developer contribution, developer cost participation in facilities, etc.. Whether private or public financing is more cost-effective is determined by many variables, including interest rates, term, mark-up percentage, bonding costs, etc.. The Equity Residual methodology recognizes and utilizes the concept that all users pay part or all of their cost of service through public -sector financing by virtue of the fact that they pay rates/taxes to retire debt service. The central tenet of the Equity Residual approach is that future users will partially pay for their own costs of service through rate payments in an amount typically equal to the remaining debt service payback for existing users. The remainder of their costs of service, or the 'residual" amount, will be subject to payment through an impact fee. Thus, future users will be permitted to pay a portion of their costs of service through the rates, similar to existing users. However, existing users will not, in the long-term, bear the cost of facilities for future users. Thus, the Equity Residual approach allows future users to pay their costs of service partially through the public sector (with rate payments equal to existing JAMES DUNCAN AND ASSOCIATES Georgetown Impact Fees RIMROCK CONSULTING COMPANY FULL COST OF SERVICE PAYMENT (COS) METHODS FULL COST OF SERVICE (COS) PAYMENT -REMAINING (Total Indebtedness) METHODS 1.N.DEBTEDNESS. FUTURE RATE OR INTEREST TAX PAYMENTS ............ ............. .... ------ ..... INTEREST'.*- ...... .... ....... NDESTE &NESS — 1-.oFUTURE RATE OR TAX .......... PAYMENTS AVOIDED ... ......... ............ BONDING AND ........ ..... ........ INTEREST COS .......... ............. ............ SYSTEM EQUITY .4 INc;.*GO$ PURCHASE SYSTEM .... . ............ EQUITY RESIDUAL :CONSTRUCTION PAST RATE ------ ..... OR TAX OS ................... CONSTRUCTION ... .... PAYMENTS . ... ..... ** " COST --4 IMPACT ....................... ............. FEE .......................... .......... . --- .......... i EXISTING SERVICE UNIT DEMAND 27 FUTURE SERVICE UNIT DEMAND JAMES DUNCAN AND ASSOCIATES Georgetown Impact Fees RIMROCK CONSULTING COMPANY fU:•:ii:v axa.......�>.:<....✓... ..<..<nn... x�'eiCS.''::"�.:w+6.''i iA :�:iij�;: `iii iii:: <''".ius'i>i�'wve'i..(.i.<":i1f:'+:v::�a'� i.•"?<iw;d.:w'.'�4v "�+e++ssr a .-/ri�.<e:' users) and partially through the private sector (through an impact fee). The following sections provide a more detailed discussion of this conceptual approach. 2.2.1.4 System Equity and Remaining Indebtedness for Existing Service Unit Demand On the left side of Figure 2-1 is a representation of the Cost of Service for each unit of existing demand and the method for paying those costs. Theoretically, each existing unit of service has a full cost associated with it, consisting of construction costs, bonding costs, and interest costs. (Prior to the adoption of impact fees, construction costs were fully bonded and thus subjected to bonding and interest costs.) Users in this group have, for the most part, been permitted to pay their full Cost of Service through the rates without an up -front cash payment of costs, as shown in the second bar for existing service demand. The second left-hand bar is divided into two segments: system equity and remaining indebtedness. Existing users, on the date an impact fee ordinance is adopted, will have theoretically paid some portion of their full Cost of Service through past rate payments. Thus, they have a certain amount of "equity" in the existing system. This is shown on the bottom portion of the second bar. Existing users also have a corresponding amount of remaining indebtedness to be paid through future rate payments over the next 25-30 years. This is depicted on the top portion of the bar. These two payment components -- equity and remaining indebtedness -- thus describe the Total Payment of each user's Full Cost of Service for existing service unit demand. 2.2.1.5 Calculation of Cost of Service for Future Service Unit Demand On the right side of Figure 2-1 is a depiction of the Cost of Service for future service unit demand. The Cost of Service for future users will be higher than that for existing users due to inflation and possibly due to technological and regulatory changes. If these new facilities are bonded, they will have not only construction -related costs, but also bonding and interest costs (similar to those for existing users). These latter costs will also be higher than comparable costs for existing users because bonding and interest costs are directly proportional to the higher new construction costs. 2.2.1.6 Fairness Between Users Through the Rate Structure A key concept in the Equity Residual methodology is that rate payments of future users are dedicated 4.1 JAMES DUNCAN AND ASSOCIATES Georgetown impact Fees RIMROCK CONSULTING COMPANY to retirement of debt for facilities for future needs, while rate payments of existing users are used to pay for facilities for existing needs. Application of this concept has two primary results: ® Cross -subsidization between existing and future users is minimized; and ® Future users enter the systems on an equal basis with existing users. This approach is effected by purposefully setting the total payback indebtedness of future users to the same amount as the total payback for existing users. Thus, in Figure 2-1, the remaining indebtedness for each service unit of existing demand is the same as for each service unit of future demand. in order to accomplish this equalization, however, future users will have to submit a "system equity" payment to contribute their remaining Cost of Service and to put them on a par status with existing users (see discussion below). 2.2.1.7 Equity Residua[ and Equity Contribution for Future Service Unit Demand The second bar in the right-hand diagram of Figure 2-1 shows the payment methods for future users. At the top of the bar is indebtedness equal to that of existing users. This indebtedness includes construction and bonding costs (both principal payments) and interest payments. Below the indebtedness payback are shown the components of the remaining Cost of Service, or that portion which must be paid to achieve fairness through the rate structure. This portion of the Cost of Service has been designated "System Equity", similar to past debt payments by existing users. System Equity has three components, as do all Costs of Service: construction cost, bonding cost, and interest cost. If the construction costs in the System Equity portion of the Cost of Service were to be paid in cash, corresponding bonding and interest costs would be avoided. The remaining construction costs, or "residual", would be the actual payment necessary to achieve fairness -- or equity -- in the system. This residual cost is the amount which should be subjected to payment in an impact fee. In sum, the Equity Residual approach to funding improvements will result in a payment for Cost of Service for future service demand which has the following characteristics: ® A portion of the Cost of Service will be paid through the rates; the total payback on this portion of the Cost of Service will equal that for total capital indebtedness for existing users reflected in the rate structure; ® New users will contribute equity status in the system by paying the remaining, unbonded portion of construction costs ('residual") through an impact fee; 900 JAMES DUNCAN AND ASSOCIATES Georgetown Impact Fees RIMROCK CONSULTING COMPANY ® Bonding and interest costs associated with residual construction costs will be avoided. This approach will result in full cost recovery for growth from payments made by future users. 2.2.2 Calculation of Credits for Future Rate Payments Table 2-14 and Table 2-15 contain calculations of rate credits for each utility. These computations attribute a portion of existing debt to current customers according to the capacity needed by these customers. The remainder of existing debt responsibility is assigned to future customers. Table 2-14 and Table 2-15 show the dollar amount of debt service payback proportionately attributed to each service unit of existing service. This same amount of debt service payback is allotted to each future customer and is converted to a capital [principal] credit against the full capital cost. Debt on Georgetown -financed facilities was simply prorated between existing and future customers according to the capacities of each facility allocated to each customer group. 2.3 FEE CALCULATION 2.3.1 Fees Per Service Unit Table 2-16 shows the remainder of the fee calculation process and relates the numerical results to the Equity Residual Model. Figures 2-2 and 2-3 also show the results according to the Equity Residual Approach for water and wastewater, respectively. Referring to the table, construction [capital] costs for water and wastewater service for future customers amount to $1,616 and $1,026, respectively. If these costs were to be bonded, bonding soft costs are estimated to be approximately $48 and $31 respectively while interest payments over the life of the bonds would be $1,478 and $939 respectively. The total bonded costs for future service would sum to $3,142 for water and $1,996 for wastewater. In contrast, each existing service unit is responsible for $961 in total water bond payback and $291 in wastewater payback. This represents the outstanding capital costs of existing customers which they will pay through their rates. Thus, in order to establish future customers on an equity basis with existing customers, $961 and $291 for water and wastewater respectively are subtracted from the total payback for future customers, leaving a remainder of $2,181 (water) and $1,705 (wastewater). Because the intent of the impact fee is to avoid bonding, these balances must subtract the assumed bonding and interest payments to leave solely the principal capital amount. Thus the resulting maximum fees are $1,122 for water and $877 for wastewater for each service unit. MEW JAMES DUNCAN AND ASSOCIATES Georgetown Impact Fees RIMROCK CONSULTING COMPANY . ....... .. .. I-Exuallaqw, FACILITY TYPE/NAME BOND ISSUE FACILITY CAPACITY EXISTING:, DEBT PAYBACK, PER, CURRENT SERVICE UNIT ISSUANCE DATE ISSUANCE AMOUNT REMAINING PAYBACK TOTAL FOR CURRENT COST_ TREATMENT Georgetown Lake VVTP 1991 Ref. $3,352,227 $4,534,126 5,450 3.616 San Gabriel Park WTP 1991 Ref. $3,402,136 $4,601,632 4.750 3.152 Subtotal Treatme9V $6,754,364 $9,135,758 10.200 6.768 $774 GROUND STORAGE Ground Storage Repairs 1991 Ref. $133,091 $180,015 5.750 2.960 Subtotal Ground Storage $133,091 $180,015 5.750 :2.960 $12 ELEVATED STORAGE Leander Rd. Elevated Storage 1991 Ref. $682,091 $922,577 0.500 0.250 Subtotal Elevated StoraQe, $682,091, $022,577 0.500 1 0,250T $59:1 TRANSMISSION Existing Water 991 Ref. $915,000 $1,237,603 9.200 6.768 '-Subtotal. Transmission Lines $915,000 :, $1,237,603, 9.200 6.768 , $116, :WATER OUTSTANDING DEBT TOTAL, $8;484,545 $1.1.475.952 $961: 31 JAMES DUNCAN AND ASSOCIATES Georgetown Impact Fees RIMROCK CONSULTING COMPANY 6 0. 32 LU lL (n co N v r� O Ln N L') Cl) to v to n v v 69 O Z E!i 6N9 fH 64 EH bv969 U CC w C w W CL v � Ov 6" O v cep u7 n 64 n U) o Z w a �, u> yr 69 0 z Ui I CO :z o U (n to N CO C`7 O tD W [D O� v c0 to W . W j - d 6s Q ca ���yy 6a t» NM 69 m U W W p ti 60 m tn �� Y Z U 2 CL y� W N y69 < t1N1 W N m Q Lu co to v! 0 69 M NN69 (D m . ti N C) W Y 0 Cl) U : ¢wa<0, � � (0 to � � w° U;. W CL 2 w N Cl) _LID m Cl)� N O O W 64 g Z LO co u) COQ � W N H w < q 0 to 'W m Z, 0 6 169 EA d... J o LUL W m �. m w N O w O m O v cD v 69 ! J d U 69 69 c4 69 69 E!3 co (0 69 u) CCto (CODS� 64 69 z U m C O N U) �i H a0i T cc 8� . C . W T d a �y ? Q q~y .a Q <Q E 6 �5 (IyUU F 2 U JAMES DUNCAN AND ASSOCIATES Georgetown Impact Fees RIMROCK CONSULTING COMPANY FIGURE 2-2 34 EQUITY RESIDUAL MODEL FULL COST OF SERVICE PAYMENT (COS) METHODS $3,537 S3,537 FULL COST OF SERVICE (COS) PAYMENT .:-REMAIN(NG (Total Indebtedness) METHODS IN DEBTIED.N.E.S.S. FUTURE RATE OR INTEREST TAX PAYMENTS PAYMENTS AVOIDED INTEREST dos PURCHASE SYSTEM PAST RATE _WW�MV. PAYMENTS IMPACT FEE EXISTING SERVICE UNIT DEMAND It I FUTURE SERVICE UNIT DEMAND 34 JAMES DUNCAN AND ASSOCIATES Georgetown Impact Fees RIMROCK CONSULTING COMPANY FIGURE 2-3 ►lVIM144-17, 35 EQUITY RESIDUAL MODEL FULL COST OF SERVICE PAYMENT (COS) METHODS $2,426 $2,426 FULL COST OF SERVICE (COS) PAYMENT (Total Indebtedness) METHODS ......... r.. . ............ REMAINING INDEBTEDNESS FUTURE RATE OR TAX PAYMENTS :INDEBT - E D . . _..4_ FUTURE RATE ... . ......... OR TAX $291: PAYMENTS .... .... ...... ....... ........... AVOIDED ....... BONDING AND ......... ... INTEREST $37s. $1,037 SYSTEM EQUITY PURCHASE .......... SYSTEM .......... EQUITY :CONSTRUCTION PAST RATE OR TAX. PAYMENTSIMPACT ...... ........ .......... .. ........ C .......... FEE RESIDUAL CONSTRUCTION COST $1,098 EXISTING SERVICE UNIT DEMAND I--- FUTURE SERVICE UNIT DEMAND 35 JAMES DUNCAN AND ASSOCIATES Georgetown Impact Fees RIMROCK CONSULTING COMPANY . . . . . . . . . . . . . . 2.3.2 Fees by Land Use The final step in developing the water and sewer impact fees is to assign fees by land use category, consistent with the City's Land Intensity Plan. Fees would be charged according to the criteria, or fee measurements, shown in the table below. Table 2-17 applies the maximum impact fees per service unit from Table 2-16 to the water conversion table (Table 2-7) and wastewater conversion table (Table 2-8). ww.....M ...,,LAN.D USEACTIVITY MAXIMUM IMPACT FEE PER MEASURE --T-WASTEWATER _ MEASURE M:URE WATER TOTAL Agriculture $1,774.34 $1,284.32 $3,058.66 Dwelling Un.__ Detached SF Residential, Large Lot $1,774.34 $1,284.32 $3,058.66 Dwelling Un. Detached SF Residential, Average Lot $1,530.50 $1,111.01 $2,641.51 Dwelling Un. Attached SF Residential $996.82 $777.71 $1,774.52 Dwelling Un. Multi -Family Residential $809.72 $693.27 $1,502.99 Dwelling Un. Mobile Home Residential $996.82 $857.70 $1,854.52 Dwelling Un. Lodging $294.45 $271.09 $565.53 1,000 Sq. Ft. Institutional $526.01 $408.85 $934.86 1,000 Sq. Ft. Church with Day Care $472.34 $368.85 $841.19 1,000 Sq. Ft. Church without Day Care $285.24 $222.20 $507.45 1,000 Sq. Ft. Recreational $52.14 $22.22 $74.36 Acre Medical Office $637.96 $497.73 $1,135.70 1,000 Sq. Ft. General Office $558.22 $404.41 $962.63 1,000 Sq. Ft. Retail, Mixed $996.82 $724.38 $1,721.20 1,000 Sq. Ft. Retail, Restaurant $2,392.37 $2,133.33 $4,525.50 1,000 Sq. Ft. Retail, Store $498.41 $391.07 $889.48 1,000 Sq. Ft. Employment Center $558.22 $404.41 $962.63 1,000 Sq. Ft. Warehouse $87.41 $62.22 $149.63 1,000 Sq. Ft. Mini -Warehouse $6.13 $4.44 $10.58 1,000 Sq. Ft. 36 &-a. 7 1