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 t...
Click here for full text