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Item 2B - Res.on SDC Adjustment
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Item 2B - Res.on SDC Adjustment
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6/9/2010 12:30:48 PM
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3/2/2005 3:48:26 PM
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City Council
City_Council_Document_Type
Agenda Item Summary
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3/7/2005
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Appendix F <br /> Local System Formulas & General Fee Schedule <br />1.0 Formula and Calculation Details <br /> 1.1 General Rate Setting, Cost of Service Formula <br /> <br /> SDC eligible costs <br /> = SDC per unit of service <br /> Impact measurement <br /> <br /> 1.2 Transportation System Cost of Service consists of non-assessable arterial <br /> and collector street system cost of service plus off-street bicycle cost of service. <br /> <br /> 1.2.1 Non-Assessable Arterial & Collector Street System Cost of Service <br /> General Formula <br /> <br /> Non-Assessable Cost per Lane Mile X Lane Miles per trip = Cost per trip <br /> <br /> Calculation <br /> <br /> Street System Cost per Trip <br /> <br /> Reimbursement: $906,694 X (0.8888/675) -- $1,193.88 = Cost per Trip <br /> Improvement: $1,079,256 X (0.8888 / 675) = $1,421.10 = Cost per Trip <br /> Total Allocated Cost per Trip = $1,193.88 (0.4) + $1,421.10 (0.6) = $1,330.21 <br /> <br /> <br />
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