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SKearns Improvement DistrictWater and Sewer Impact Fee Amendments Prepared for:Prepared by:May 2015SUMMARY OF IMPACT FEE FACILITIES PLAN (IFFP) & IMPACT FEE ANALYSIS (IFA) AMENDMENTSBowen, Collins

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How to fill out impact fee facilities plan

01

Start by determining the purpose of the impact fee facilities plan.

02

Identify the geographical area that the plan will cover.

03

Analyze the existing infrastructure and facilities in the area to assess their current condition and capacity.

04

Conduct a thorough assessment of the future growth and development in the area to determine the impact on the infrastructure and facilities.

05

Based on the assessment, identify the necessary improvements, expansions, or new facilities required to accommodate the expected growth.

06

Estimate the cost of the identified improvements and developments.

07

Determine the impact fee rates that need to be charged to fund the required facilities.

08

Consult with relevant stakeholders and conduct public hearings to gather input and feedback on the proposed impact fee facilities plan.

09

Revise the plan based on the feedback received and finalize the impact fee facilities plan.

10

Implement the plan by collecting the impact fees from developers or property owners as per the established rates.

11

Continuously monitor and evaluate the effectiveness of the impact fee facilities plan and make necessary adjustments as needed.

Who needs impact fee facilities plan?

01

Government entities responsible for managing and planning the development of an area.

02

Developers and property owners who are subject to impact fees.

03

Planners and consultants involved in urban development and infrastructure.

04

Citizens and residents who are interested in the growth and development of their community.

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What is impact fee facilities plan?

An impact fee facilities plan is a document that outlines the proposed projects and infrastructure improvements required to accommodate the anticipated growth in a community, detailing how impact fees will be used to fund those improvements.

Who is required to file impact fee facilities plan?

Typically, local governments or municipalities that intend to impose impact fees for new development projects are required to file an impact fee facilities plan.

How to fill out impact fee facilities plan?

To fill out an impact fee facilities plan, entities must gather data about expected growth, identify necessary infrastructure improvements, calculate the expected costs, and outline how impact fees will be allocated for each project. The plan must be documented in a clear and comprehensive format.

What is the purpose of impact fee facilities plan?

The purpose of an impact fee facilities plan is to ensure that new development pays its fair share of the cost of public infrastructure required to support that development, thereby preventing existing residents from bearing the financial burden of growth.

What information must be reported on impact fee facilities plan?

The impact fee facilities plan must report on anticipated growth, proposed infrastructure projects, cost estimates, funding sources, and the allocation of impact fees to specific projects.

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