AGENDA DATE: 8/5/2015
TITLE:
Title
Fiscal Impact Advisory Committee Recommendation on Cash Proffer Policy
BODY
SUBJECT/PROPOSAL/REQUEST: Receipt of Fiscal Impact Advisory Committee’s Cash Proffer Policy Recommendation
ITEM TYPE: Regular Action Item
STAFF CONTACT(S): Foley, Walker, Kamptner, Graham, Allshouse, S., Fritz
PRESENTER (S): Steven Allshouse and Bill Fritz
LEGAL REVIEW: Yes
REVIEWED BY: Thomas C. Foley
BACKGROUND: In September 2014, the Board of Supervisors directed the Fiscal Impact Advisory Committee (FIAC) to provide a recommendation regarding potential revisions to the credits portion of the County’s Cash Proffer Policy and to recalculate the maximum per unit cash proffer amount, by dwelling unit type, contained in the County’s Cash Proffer Policy. The Board also approved a Resolution of Intent to amend the current policy, which is part of the Comprehensive Plan.
FIAC has completed its charge and is forwarding its recommendation to the Planning Commission for consideration with a Comprehensive Plan Amendment.
STRATEGIC PLAN: Goal 2. Critical Infrastructure. Prioritize, plan and invest in critical infrastructure that responds to past and future changes and improves the capacity to serve community needs.
DISCUSSION: The Committee has held a total of 18 meetings in order to address the charge of the Board. The Committee spent the majority of its meetings on the Board’s request to recalculate the maximum per unit cash proffer amount. The Committee devoted less time to the discussion of potentially revising credits.
The FIAC recommends that the recalculated maximum per unit cash proffer amounts, by dwelling unit type, should be as follows:
Single Family Detached (SFD) = $4,918;
Single Family Attached/Townhouse (SFA/TH) = $3,845; and
Multifamily (MF) = $5,262.
The FIAC’s major recommendations regarding credits are listed below.
1. Credits should be considered independently of the maximum per unit cash proffer amount; and
2. Credits for existing by-right units should continue, and should be included in the policy to the extent that the density proposed is consistent with the Comprehensive Plan.
For more detail about these recommendations, as well as a list of some additional minor recommendations developed by the Committee, please see Attachment A. Staff recommendations for changes to the Cash Proffer Policy are contained in Attachment B.
For additional information about the maximum per unit cash proffer amount figures, please see Attachment C. For a list of proffer revenues and expenditures, as of Q3 FY 15, please see Attachment D. This last attachment gives a perspective on the dollar scale of the County’s current cash proffer program.
BUDGET IMPACT: There is no budget impact related to this report. Staff will provide a budget impact analysis of specific Cash Proffer Policy revisions upon the Board’s direction.
RECOMMENDATION:
Recommendation
This is presented for information only. As the Board has approved a Resolution of Intent, the next step will be to present FIAC’s recommendation to the Planning Commission and the Planning Commission to begin work on the Comprehensive Plan Amendment. Following this, the Planning Commission’s recommended amendment will be brought to the Board for its consideration.
ATTACHMENTS:
A - Committee Memo to BOS and PC re: FIAC Cash Proffer Policy
B - Staff Recommendations re: Cash Proffer Policy Changes
C - Staff Memo to BOS and PC re: Recalculated Cash Proffer Amounts
D - FY 15 Q3 Cash Proffer Report