Item Coversheet

CITY OF RIVIERA BEACH CITY COUNCIL
AGENDA ITEM SUMMARY

Meeting Date: 6/17/2019 
Agenda Category:

Subject: 

CAPITAL IMPACT FEES


Recommendation/Motion: 

Staff recommends that the District Board of Directors accepts the proposed capital impact fees for the water system and wastewater system.


Originating Dept FINANCE  Costs  
User Dept.FINANCE Funding Source
AdvertisedNo Budget Account Number
Date   
Paper   
Affected PartiesNot Required   

Background/Summary: 

On August 21, 2017, the Utility District Board approved staff to undertake a rate study in response to the Mangonia Park utility services contract; PRMG was authorized to provide Utility Rate and Financial Consulting Services for the Utility Special District; a Capital Impact Fee Study was initiated.

 

The most important objective of the study was to develop proposed capital impact fees that meet the expenditure requirements of the individual water and wastewater utility systems; the water wastewater utility systems capital impact fees must be able to maintain sound financial operations and to fund the anticipated capital needs of the utility system.  On October 30, 2018, PRMG submitted the Capital Improvement Charge Evaluation.  PRMG’s report provided a basis for the recommended capital impact fees for the water system and wastewater system; the capital impact fees are necessary to meet the long term expenditure requirements of the water system and wastewater.

 
Fiscal Years
Capital Expenditures
Operating Costs
External Revenues
Program Income (city)
In-kind Match (city) 
Net Fiscal Impact
NO. Additional FTE Positions
(cumulative)

III. Review Comments

A. Finance Department Comments:
 
B. Purchasing/Intergovernmental Relations/Grants Comments:
 
C. Department Director Review:
Contract Start Date 
Contract End Date
Renewal Start Date
Renewal End Date
Number of 12 month terms this renewal
Dollar Amount
Contractor Company Name
Contractor Contact
Contractor Address
Contractor Phone Number
Contractor Email
Type of Contract
Describe
ATTACHMENTS:
File NameDescriptionUpload DateType
6_14_19_Capital_Impact_Fee_Resolution.pdfRESOLUTION6/14/2019Resolution
Riviera_Bch_Impact_Fee_Rpt_(Draft_10.31.18).pdfCapital Impact FeeStudy6/4/2019Backup Material
REVIEWERS:
DepartmentReviewerActionDate
Financesherman, randyRejected6/4/2019 - 8:51 AM
Finance Monroe, LuecindaApproved6/10/2019 - 6:22 PM
Financesherman, randyApproved6/11/2019 - 10:26 AM
PurchasingAnswererApproved6/11/2019 - 12:46 PM
Financesherman, randyApproved6/11/2019 - 1:52 PM
AttorneyBusby, Lina Approved6/11/2019 - 4:42 PM
City ClerkAnswererApproved6/12/2019 - 8:16 AM
City ManagerJacobs, DeirdreApproved6/12/2019 - 1:30 PM