HomeMy WebLinkAboutRexburg Parks and Trails CIP and IFA Final 5-20-20
City of Rexburg
Parks and Trails CIP and Impact Fee
Analysis
20 May 2020
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City of Rexburg | Parks and Trails CIP and Impact Fee Analysis
Contents
Contents ........................................................................................................................................................ 2
Background ................................................................................................................................................... 3
Need for the Study .................................................................................................................................... 3
Capital Improvements Plan ........................................................................................................................... 3
Existing Facilities ....................................................................................................................................... 3
Funding Commitments.............................................................................................................................. 5
Analysis of Current Capacity and Usage ................................................................................................... 5
Land Use Assumptions .............................................................................................................................. 6
Level of Service Analysis ........................................................................................................................... 6
Improvements and Costs Required by New Development ....................................................................... 8
Service Units Required by New Development .......................................................................................... 8
20-Year Projection of Service Units Required by New Development ....................................................... 8
Funding Sources for System Improvements ........................................................................................... 10
Joint Development of Public Facilities .................................................................................................... 10
Schedule .................................................................................................................................................. 10
Impact Fee Proportionate Share Analysis ................................................................................................... 10
Cost of Existing System Improvements ................................................................................................... 10
Financing of Existing System Improvements .......................................................................................... 11
New Development Contributions to System Improvements Other than Impact Fees ........................... 11
Financing of Existing System Improvements in the Past ........................................................................ 11
Credits for System Improvements .......................................................................................................... 11
Extraordinary Costs ................................................................................................................................. 11
Time and Price Differential in Fees Charged ........................................................................................... 11
Other Funding Sources ............................................................................................................................ 12
Proportionate Share Calculation ............................................................................................................. 12
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City of Rexburg | Parks and Trails CIP and Impact Fee Analysis
Background
Need for the Study
The City of Rexburg (“City”) completed a Parks and Trails Master Plan in Spring 2018. The City is
experiencing strong growth, which puts pressure on the City’s existing parks and trails facilities. It is,
therefore, prudent to consider the implementation of impact fees, which are one-time fees charged to
new development to offset the capital costs associated with new development. The implementation of
impact fees allows the City to maintain its existing service levels for park and trail facilities. Any increase
in service levels will need to be funded through sources other than impact fees.
The Master Plan, along with updated input from the City, forms the basis for this Capital Improvement
Plan and Impact Fee Analysis. The City has determined that there is one service area citywide and that
there is no excess capacity in any existing park or trail facilities. Only residential development is considered
to drive demand for parks and trails facilities and therefore only residential growth has been considered
in the determination of impact fees.
Capital Improvements Plan
Idaho Statute 67-8208(1)(a) – A general description of all existing public facilities and their existing
deficiencies within the service area or areas of the governmental entity and a reasonable estimate of all
costs and a plan to develop the funding resources related to curing the existing deficiencies including, but
not limited to, the upgrading, updating, improving, expanding or replacing of such facilities to meet
existing needs and usage;
Existing Facilities
Project improvements are not included in the analysis; only system improvements are included.1
Therefore, all mini parks have been excluded from the calculations. The analysis also does not include any
park or trail facilities owned by private homeowner associations, or any facilities that have been acquired
through grants or donations. Therefore, the following seven parks totaling 114.76 acres have been
included in the analysis.
TABLE 1: EXISTING REXBURG PARKS
Rexburg Parks Park Address Park Class Total Acres
Eagle Park 450 W 3rd N Special Use 18
Nature Park 300 N 5th W Community 18.3
Riverside Park 50 West 1st N Community 31.76
Evergreen Park 801 W Main Street Neighborhood 7.66
Smith Park 300 E Main Street Community 11.07
Porter Park 100 South 2nd W Community 11.38
Community Fields 450 E 2nd N Community 16.59
1 Project improvements are defined by Idaho Statute as “site improvements and facilities that are planned and
designed to provide service for a particular development project and that are necessary for the use and
convenience of the occupants or users of the project.” System improvements are defined as follows: “System
improvements, in contrast to project improvements, means capital improvements to public facilities which are
designed to provide service to a service area including, without limitation, the type of improvements described in
section 50-1703, Idaho Code.” Idaho Code 67-8203 (22) and (28). Section 67-8204 (1) further states that
development fees “shall not exceed a proportionate share of the cost of system improvements.”
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City of Rexburg | Parks and Trails CIP and Impact Fee Analysis
Rexburg Parks Park Address Park Class Total Acres
Total 114.76
A detailed list of improvements at each park is provided in Appendix A. A summary of the improvements
found at these parks is as follows:
TABLE 2: EXISTING PARK IMPROVEMENTS
Summary of Improvements Unit Total Units
Land Acres 114.76
Irrigated Acres Acres 60.20
Paved Acres Acres 7.48
Outdoor Basketball Court 3
Volleyball Court 4
Tennis Court 10
Baseball/Softball Field 8
Soccer Field 12
Football Field 1
Restrooms Restroom 7
Picnic Tables Table 4
Play Equipment Playground 14
Large Pavilion/Shelter Pavilion 2
Small Pavilion/Shelter Pavilion 10
Fire Pit Fire Pit 0
Benches Bench 36
Drinking Fountain Fountain 9
Grills Grill 7
Tables Table 21
Garbage Receptacles Receptacle 35
Track Track 1
Skate Park Park 1
Pickleball Court 4
BMX Park Park 1
Splash Pad Pad 1
Field Lighting Fixtures 2
The City has not identified any existing deficiencies in its park system. Based on the recently completed
Parks and Trails Master Plan, the City has established a standard of 3.27 park acres per 1,000 residents.2
For the purposes of this Impact Fee Analysis, the level of service will be 3.27 acres per 1,000 residents.
Existing trails as identified by the City are summarized in the table below and total 7.57 linear miles.
2 The existing service level is calculated by dividing the 114.76 existing park acres by the 2018 population of 35,093
persons, divided by 1,000.
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City of Rexburg | Parks and Trails CIP and Impact Fee Analysis
TABLE 3: EXISTING TRAILS
Trail ID Trail Name From-To Length (miles)
R-9 Evergreen to Kennedy Trail Evergreen Park to Kennedy
Elementary School 0.30
R-25 Porter Park Trail Within Porter Park 0.47
R-37 Smith Park Trail Within Smith Park 0.57
R-27 Rexburg Sugar Trail
Rexburg (2nd East) to the northern
City limits along N. Yellowstone
Highway
1.37
R-20 Nature Park Within Nature park 1.51
R-28 Riverside Park Trail Within Riverside Park 0.86
R-12 Jr. High to Hidden Valley Hidden Valley Subdivision to
Millhollow 0.14
R-23 5th West Main to Angela 0.34
R-33 University Blvd 5th W to University Village near 7th
South 0.68
R-39 Teton River North Side RR Track to 3rd East 0.73
R-38 Teton River South Side 1st East to Barney Dairy Road 0.61
TOTAL 7.57
The City has a current level of service for trail miles of 0.216 trail miles per 1,000 persons, calculated by
dividing the existing 7.57 trail miles by the 2018 population of 35,093 persons which has been divided by
1,000.
The City has stated its desire to at least maintain its existing trail service levels. Impact fees can only be
charged to maintain existing service levels. Any increase in service levels will need to be paid for with
other funding such as the City’s General Fund, Urban Renewal contributions and other grants, donations,
etc.
Funding Commitments
Idaho Statute 67-8208(1)(b) - A commitment by the governmental entity to use other available resources
of revenue to cure existing system deficiencies where practical;
The City currently has no existing system deficiencies.
Analysis of Current Capacity and Usage
Idaho Statute 67-8208(1)(c) – An analysis of the total capacity, the level of current usage, and
commitments for usage of capacity of existing capital improvements, which shall be prepared by a
qualified professional planner or by a qualified engineer licensed to perform engineering services in this
state;
The City currently has 114.76 system park acres that qualify for the impact fee level of service, and 7.57
trail miles. The level of current usage is 3.270 park acres and 0.216 trail miles per 1,000 persons.
TABLE 4: CAPACITY AND USAGE ANALYSIS
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City of Rexburg | Parks and Trails CIP and Impact Fee Analysis
Acres/Miles Existing Existing LOS per 1,000
Population
Park Acres 114.76 3.270
Trail Miles 7.57 0.216
Land Use Assumptions
Idaho Statute 67-8208(1)(d) – A description of the land use assumptions by the government entity;
Only residential development creates the need for more parks and trails. Therefore, demand projections
are included for population growth as follows:
TABLE 5: REXBURG PROJECTED POPULATION GROWTH, 2018-2026
Year Population
2018 35,093
2019 35,840
2020 36,603
2021 37,383
2022 38,179
2023 38,992
2024 39,688
2025 40,396
2026 41,117
Source: City of Rexburg 2018 Parks Study
Level of Service Analysis
Idaho Statute 67-8208(1)(e) – A definitive table establishing the specific level or quantity of use,
consumption, generation or discharge of a service unit for each category of system improvements and an
equivalency or conversion table establishing the ratio of a service unit to various types of land uses,
including residential, commercial, agricultural and industrial;
The existing level of service that is impact fee eligible is 3.27 park acres per 1,000 persons, calculated by
dividing the 114.76 eligible park acres by the 2018 population of 35,093 persons (divided by 1,000).
Therefore, impact fees should only be charged to the existing service level. The City calculated using the
2018 population because all infrastructure costs and balances were as of September 30, 2018.
The City can include park improvements, as well as the cost of park land, in its calculation of impact fees.
The table below shows the inventory of park improvements and costs. The level of service for park
improvements is calculated by taking the existing improvements and multiplying them by the cost per
unit to maintain this same level of investment.
TABLE 6: SUMMARY OF EXISTING PARK IMPROVEMENTS
Summary of Improvements Unit Cost per Unit Total Units Total Cost
Land Acres $40,757* 114.76 $4,677,095
Irrigated Acres Acres $52,000 60.20 $3,130,441**
Paved Acres Acres $175,000 7.48 $1,309,000
Outdoor Basketball Court $20,000 3 $60,000
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City of Rexburg | Parks and Trails CIP and Impact Fee Analysis
Summary of Improvements Unit Cost per Unit Total Units Total Cost
Volleyball Court $15,000 4 $60,000
Tennis Court $65,000 10 $650,000
Baseball/Softball Field $250,000 8 $2,000,000
Soccer Field 12 $0
Football Field 1 $0
Restrooms Restroom $150,000 7 $1,050,000
Picnic Tables Table $800 4 $3,200
Play Equipment Playground $45,000 14 $630,000
Large Pavilion/Shelter Pavilion $52,000 2 $104,000
Small Pavilion/Shelter Pavilion $31,000 10 $310,000
Fire Pit Fire Pit $300 0 $0
Benches Bench $500 36 $18,000
Drinking Fountain Fountain $2,200 9 $19,800
Grills Grill $300 7 $2,100
Tables Table $600 21 $12,600
Garbage Receptacles Receptacle $100 35 $3,500
Track Unit $10,000 1 $10,000
Skate Park Park $250,000 1 $250,000
Pickleball Court $11,000 4 $44,000
BMX Park Park $25,000 1 $25,000
Splash Pad Pad $325,000 1 $325,000
Field Lighting Unit $188,579 2 $377,158
TOTAL $15,070,894
*Park land costs are based on recent land purchase comparables – Evergreen Park Extension (1.44 acres at a
cost of $190,297; and Eagle Park (8.15 acres at a cost of $200,558).
**Subtracts baseball/softball acres so that they are not double-counted with baseball/softball costs
The total cost is then divided by 114.76 park acres to arrive at an existing standard of $131,329 per acre.
Another way of stating the existing standard for park improvements is $429.46 per capita ($15,070,894
divided by the 2018 population of 35,093 persons).
The level of service for trails is identified by identifying existing system trails, as shown in Table #3 above.
The existing level of service is 0.216 trail miles per 1,000 persons. Another way of stating the existing
level of service is $53.96 per capita, calculated by dividing the $1,893,714 of trail costs3 by the 2018
population of 35,093 persons.
A summary table showing the equivalent levels of service (LOS) is as follows for parks and trails:
3 Trail costs have been calculated at a cost of $250,000 per linear mile. With 7.57 trail miles, this results in a total
cost of $1,893,714.
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City of Rexburg | Parks and Trails CIP and Impact Fee Analysis
TABLE 7: SUMMARY OF EXISTING AND PROPOSED SERVICE LEVELS
Summary Equivalency
Table LOS Cost per Acre/Mile Existing LOS Cost per
Capita
Proposed LOS Cost per
Capita
Parks $131,328.76 $429.46 $429.46
Trails $250,000 $53.96 $53.96
Improvements and Costs Required by New Development
Idaho Statute 67-8208(1)(f) – A description of all system improvements and their costs necessitated by and
attributable to new development in the service area based on the approved land use assumptions, to
provide a level of service not to exceed the level of service adopted in the development impact fee
ordinance;
Based on existing service levels, Rexburg will need to acquire and develop 19.7 park acres and 1.3 trail
miles over the next eight years, as shown in the table below. This is equivalent to a total cost of $2,911,939
-- $2,586,887 for parks and $325,052 for trails. The additional park acres and trail miles needed are based
on maintaining the existing and proposed level of service, which are the same, for new development.
Based on an existing park standard of 3.27 acres per 1,000 persons, 19.7 additional park acres are needed
due to the estimated growth of 6,024 persons by 2026. Based on a trails standard of 0.216 trail miles per
1,000 population, 1.3 trail miles are needed to serve the demands created by the additional 6,024
residents by 2026.
TABLE 8: SUMMARY OF SYSTEM IMPROVEMENTS AND COSTS NECESSITATED BY NEW DEVELOPMENT
Parks Trails
Existing LOS per 1,000 Persons (Park Acres or Trail
Miles) 3.270 0.216
Existing LOS Cost per Capita $429.46 $53.96
Population Growth, 2018-2026 6,024 6,024
Acres/Miles Needed, 2018-2026 19.7 1.3
Cost per Acre/Mile $131,329 $250,000
Total Cost Necessitated by New Development,
2018-2026 $2,586,887 $325,052
Service Units Required by New Development
Idaho Statute 67-8208(1)(g) – The total number of service units necessitated by and attributable to new
development within the service area based on the approved land use assumptions and calculated in
accordance with generally accepted engineering or planning criteria;
The total cost required by new development over the next eight years (2018-2026) is $2,911,939. These
costs can be spent for both parks and trails facilities, as best meets the needs of the City at the time of
their expenditure. The number of service units has been calculated in dollars.
20-Year Projection of Service Units Required by New Development
Idaho Statute 67-8208(1)(h) – The projected demand for system improvements required by new service
units projected over a reasonable period of time not to exceed twenty (20) years;
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City of Rexburg | Parks and Trails CIP and Impact Fee Analysis
The population of Rexburg is projected to grow by 18,649 residents over the next 20 years.
TABLE 9: 20-YEAR POPULATION GROWTH PROJECTIONS
Year Population
2018 35,093
2019 35,840
2020 36,603
2021 37,383
2022 38,179
2023 38,992
2024 39,688
2025 40,396
2026 41,117
2027 41,850
2028 42,597
2029 43,599
2030 44,624
2031 45,673
2032 46,747
2033 47,846
2034 48,971
2035 50,123
2036 51,301
2037 52,507
2038 53,742
Population Growth, 2018-2038 18,649
Over the next 20 years, the City will need to acquire and improve 60.98 park acres and 4.03 trail miles in
order to maintain existing service levels for system improvements.
TABLE 10: 20-YEAR CAPITAL FACILITY REQUIREMENTS – PARKS AND TRAILS
20-Year Projections Amount
Population Growth, 2018-2038 18,649
LOS - Park Acres per 1,000 Persons 3.270
LOS - Trail Miles per 1,000 Persons 0.216
Park Acres Necessitated by New Growth, 2018-2038 60.98
Trail Miles Necessitated by New Growth, 2018-2038 4.03
This represents an investment of $9,015,273, over 20 years, in $2019.
TABLE 11: 20-YEAR CAPITAL FACILITY COSTS – PARKS AND TRAILS
20-Year Projections Acres/Miles Cost per Acre/Linear Mile Total Cost, 20 Years
Park Acres Necessitated by New
Growth, 2018-2038 60.98 $131,328.76 $8,008,922
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City of Rexburg | Parks and Trails CIP and Impact Fee Analysis
20-Year Projections Acres/Miles Cost per Acre/Linear Mile Total Cost, 20 Years
Trail Miles Necessitated by New
Growth, 2018-2038 4.03 $250,000 $1,006,351
TOTAL, 2018-2038 $9,015,273
Funding Sources for System Improvements
Idaho Statute 67-8208(1)(i) – Identification of all sources and levels of funding available to the
governmental entity for the financing of the system improvements.
Potential funding sources include grants, donations, general fund, impact fees and revenue allocation
funds.
Joint Development of Public Facilities
Idaho Statute 67-8208(1)(j) – If the proposed system improvements include the improvement of public
facilities under the jurisdiction of the state of Idaho or another governmental entity, then an agreement
between governmental entities shall specify the reasonable share of funding by each unit, provided the
governmental entity authorized to impose development impact fees shall not assume more than its
reasonable share of funding joint improvements, nor shall the agreement permit expenditure of
development impact fees by a governmental entity which is not authorized to impose development impact
fees unless such expenditure is pursuant to a developer agreement under section 67-8214, Idaho Code;
Not applicable.
Schedule
Idaho Statute 67-8208(1)(k) – A schedule setting forth estimated dates for commencing and completing
construction of all improvements identified in the capital improvements plan.
The City will spend all impact fees collected within the 8-year timeframe required by Idaho law. These
funds will be spent for a wide variety of park and trail facilities including, but not limited to: park land,
park improvements (restrooms, ball fields, playgrounds, picnic facilities, sport courts, etc.), and trail
improvements.
Impact Fee Proportionate Share Analysis
The Proportionate Share Analysis follows the outline provided in Idaho Statute 67-8207 (2).
Cost of Existing System Improvements
Idaho Statute 67-8207(2)(a) – The cost of existing system improvements within the service area or areas;
The City has not identified any excess capacity in any of its parks and trails facilities. Therefore, the cost
associated with facilities is related to the cost of constructing similar facilities in 2019 dollars. This
establishes the level of service that must be maintained by new development. The cost of existing system
improvements is $15,070,894 for parks per Table 6.
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City of Rexburg | Parks and Trails CIP and Impact Fee Analysis
The cost of existing system improvements is $1,893,714 for trails, calculated by multiplying the City’s 7.57
trail miles by an average cost of $250,000 per mile.
Financing of Existing System Improvements
Idaho Statute 67-8207(2)(b) – The means by which existing system improvements have been financed;
There is no debt outstanding on any parks and trails system improvements. Therefore, no credits need to
be made for outstanding debt. Any parks and trail facilities that were acquired through grants or donations
have not been included in the level of service for the calculation of impact fees. The park and trail facilities
that were included were paid for through either the General Fund or from Revenue Allocation Funds.
New Development Contributions to System Improvements Other than Impact Fees
Idaho Statute 67-8207(2)(c) – The extent to which the new development will contribute to the cost of
system improvements through taxation, assessment, or developer or landowner contributions, or has
previously contributed to the cost of system improvements through developer or landowner contributions.
The City does not intend to bond for future park improvements; therefore, no double payments will occur
by new development. There are no bonds outstanding on existing park and trail facilities and therefore
no recent past payments have been made for these types of facilities. The City may choose, at its
discretion, to accept donations of land or park/trails improvements from developers. In this case, the
impact fee should be offset by the donations.
Financing of Existing System Improvements in the Past
Idaho Statute 67-8207(2)(d) – The extent to which the new development is required to contribute to the
cost of existing system improvements in the future.
The City has no existing, outstanding bonds or leases for park or trail facilities. Therefore, new
development will not be required to pay for existing facilities.
Credits for System Improvements
Idaho Statute 67-8207(2)(e) – The extent to which the new development should be credited for providing
system improvements, without charge to other properties within the service area or areas;
For parks and trails, new development will not be required to provide oversize system improvements that
will benefit other properties in the service area. Therefore, no reimbursement agreements or credits are
applicable.
Extraordinary Costs
Idaho Statute 67-8207(2)(f) – Extraordinary costs, if any, incurred in serving the new development;
Not applicable.
Time and Price Differential in Fees Charged
Idaho Statute 67-8207(2)(g) – The time and price differential inherent in a fair comparison of fees paid at
different times;
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City of Rexburg | Parks and Trails CIP and Impact Fee Analysis
The City anticipates updating its CIP and Impact Fee Proportionate Share Analysis every few years. At
these times, the City will update the costs associated with purchasing land, making park improvements
and constructing trails. This will ensure a fair comparison of fees paid at different times.
Other Funding Sources
Idaho Statute 67-8207(2)(h) - The availability of other sources of funding system improvements including,
but not limited to, user charges, general tax levies, intergovernmental transfers, and special taxation. The
governmental entity shall develop a plan for alternative sources of revenue.
User Charges. User charges are most often charged in connection with the operation and maintenance of
facilities. It is not anticipated that user fees would be charged for the construction of parks and trails
capital facilities.
General Tax Levies. While general tax levies may be used to fund park and trail facilities, the General Fund
is only intended to be used for system improvements if the situation arises that the City desires to raise
the existing service levels to meet new proposed service levels. Impact fees are intended to be used to
maintain existing service levels through acquisition of the facilities needed due to new growth and
development.
Intergovernmental Transfers. The City can borrow money from other City funds in order to construct park
and trail facilities and then later repay those funds as impact fee revenues are collected. At this time the
City has no plans to use intergovernmental transfers.
Special Taxation. The City does not intend to issue debt or impose special taxes to fund park and trail
facilities.
Donations and/or Grants. The City may receive donations or grants from public or private entities, such
as urban renewal, to offset some of the costs for constructing parks or trail facilities.
Proportionate Share Calculation
There are three main cost components in the calculation of impact fees:
New construction of parks and trails facilities;
Consultant costs; and
Credits
New Construction of Parks and Trails Facilities
New construction costs are calculated by first taking the number of acres needed (19.7) by new
development over the next eight years. This calculation is based on population growth and maintaining
the existing level of service of 3.270 acres per 1,000 persons. The cost for the additional acres is then
calculated by multiplying the 19.7 acres by the cost of $131,329 per acre (existing cost for land and
improvements) to reach a total cost of $2,586,887. The total cost is then divided by the projected
population growth of 6,024 persons over the next eight years to arrive at a total cost of $429.46 per capita.
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City of Rexburg | Parks and Trails CIP and Impact Fee Analysis
TABLE 12: PROPORTIONATE SHARE CALCULATION – NEW CONSTRUCTION COST FOR PARKS
New Construction – Parks Amount
Impact-Fee Eligible Park Acres 114.76
Existing LOS - Park Acres per 1,000 3.270
Existing Park Improvements - Total Cost $15,070,894
Existing LOS per Capita – Parks $429.46
Population Growth, 2018-2026 6,024
Acres Needed, 2018-2026 19.7
Park Improvements Needed at Existing Standard $2,586,887
Cost per Capita $429.46
The per capita cost for trails is calculated in a similar manner to that of parks. The total trail costs
necessitated by new development over the next eight years ($325,052)4 is divided by the population
growth of 6,024 over that time period.
TABLE 13: PROPORTIONATE SHARE CALCULATION – NEW CONSTRUCTION COST FOR TRAILS
New Construction – Trails Amount
Impact-Fee Eligible Trail Miles 7.57
Existing LOS per Capita – Trails 0.216
Existing Trail Improvements - Total Cost $1,893,714*
Existing LOS per Capita – Trails $53.96
Population Growth, 2018-2026 6,024
Trail Miles with Improvements Necessitated by New Development,
2018-2026 1.3
Cost per Mile $250,000
Trail Costs Necessitated by New Development, 2018-2026 $325,052
Cost per Capita $53.96
*The cost of existing trail improvements is calculated by multiplying the existing 7.57 trail miles by an average
cost of $250,000 per trail mile.
Consultant Costs
The cost of preparing this analysis can also be included in the calculation of impact fees. The cost of
$10,000 is divided among the projected population growth of 6,024 persons over the next eight years.
TABLE 14: PROPORTIONATE SHARE CALCULATION – CONSULTANT COSTS
Consultant Costs Amount
Parks Consultant Costs $10,000
Population Growth, 2018-2026 6,024
Cost per Capita $1.66
4 Total trail costs necessitated by new development over the next eight years ($325,052) is calculated by
multiplying the 1.3 additional trail miles necessitated by new development by an average cost per mile of
$250,000. The additional 1.3 trail miles necessitated by new development is calculated by multiplying the existing
level of service (LOS) of 0.216 miles per 1,000 population by the population growth of 6,024 persons (divided by
1,000) over the next eight years
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City of Rexburg | Parks and Trails CIP and Impact Fee Analysis
Credits
Credits are made for the existing fund balance in the park impact fee account. The existing funds can be
used to offset the capital costs needed for future development and thus reduce the cost to new
development.
TABLE 15: PROPORTIONATE SHARE CALCULATION – CREDIT FOR PARKS AND TRAILS IMPACT FEE FUND BALANCE
Credits for Fund Balance
Park Impact Fee Fund Balance $1,133,376*
Population Growth, 2018-2026 6,024
Credit per Capita ($188.15)
*Impact fee fund balance as of 9/30/18 provided by the City of Rexburg
No other credits are necessary for outstanding bonds, debt obligations, leases or other factors.
Summary of Proportionate Share Analysis
Total costs per capita are summarized as follows:
TABLE 16: PARKS AND TRAILS IMPACT FEE SUMMARY – PER CAPITA COSTS
Summary of Per Capita Fee
Park Cost $429.46
Trails Cost $53.96
Consultant Cost $1.66
Less: Fund Balance Credit ($188.15)
TOTAL Maximum Per Capita Fee $296.92
Fees will be charged on a residential unit basis for Single-Family and Multi-Family Community Housing;
and on a per capita basis for Multi-Family Dormitory Housing. Therefore, the per capita cost has been
multiplied by the average household size of single-family and multi-family community housing units. The
City can choose to charge up to the maximum fee for single-family units and multi-family community
housing units. For multi-family dormitory housing, it is recommended that the City charge on a per bed
basis, with the per bed fee the same as the maximum per capita fee.
TABLE 17: PARKS AND TRAILS IMPACT FEE SUMMARY – PER HOUSEHOLD MAXIMUM FEES
Maximum Impact Fees Household Size* Maximum Fees
Single-Family Residence 4.025 $1,195.12
Multi-Family Community Housing 2.390 $709.65
Multi-Family Dormitory Housing Assess by # of beds $296.92 per bed
*Source: City of Rexburg
**For example, 6 beds in Multi-Family Dormitory Housing would equal a fee of $1,781.52