| | | | | | | | CITY OF RIVIERA BEACH CITY COUNCIL AGENDA ITEM SUMMARY | | | | | | | |
| | | | | | | | Meeting Date: | 6/17/2019 | Agenda Category: | |
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| | | | | | | | Subject: | CAPITAL IMPACT FEES |
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| | | | | | | | Recommendation/Motion: | Staff recommends that the District Board of Directors accepts the proposed capital impact fees for the water system and wastewater system. |
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| | | | | | | | Originating Dept | FINANCE | | Costs | | User Dept. | FINANCE | | Funding Source | | Advertised | No | | Budget Account Number | | Date | | | | | Paper | | | | | Affected Parties | Not Required | | | |
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| | | | | | | | 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. |
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| | | | | | | | Fiscal Years | | | | | | Capital Expenditures | | | | | | Operating Costs | | | | | | External Revenues | | | | | | Program Income (city) | | | | | | In-kind Match (city) | | | | | | Net Fiscal Impact | | | | | | NO. Additional FTE Positions
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| | | | | | | | A. Finance Department Comments: | | | B. Purchasing/Intergovernmental Relations/Grants Comments: | | | C. Department Director Review: | |
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| | | | | | | | 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 | |
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REVIEWERS: | Department | Reviewer | Action | Date | Finance | sherman, randy | Rejected | 6/4/2019 - 8:51 AM | Finance | Monroe, Luecinda | Approved | 6/10/2019 - 6:22 PM | Finance | sherman, randy | Approved | 6/11/2019 - 10:26 AM | Purchasing | Answerer | Approved | 6/11/2019 - 12:46 PM | Finance | sherman, randy | Approved | 6/11/2019 - 1:52 PM | Attorney | Busby, Lina | Approved | 6/11/2019 - 4:42 PM | City Clerk | Answerer | Approved | 6/12/2019 - 8:16 AM | City Manager | Jacobs, Deirdre | Approved | 6/12/2019 - 1:30 PM |
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