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Item 2C: Approval of Local SDC Cost Adjustments
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Item 2C: Approval of Local SDC Cost Adjustments
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6/21/2013 2:12:12 PM
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Agenda Item Summary
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6/24/2013
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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 />= <br /> SDC per Unit of Service <br />Impact Measurement <br /> <br /> <br />1.2 Transportation System Cost of Service <br /> consists of non-assessable arterial <br />and collector street system cost of service plus off-street bicycle cost of service. <br />1.2.1 Non-Assessable Arterial & Collector Street System Cost of Service <br />General Formula <br /> <br /> <br />X= <br /> Non-Assessable Cost per Lane Mile Lane Miles per trip Cost per Trip <br /> <br /> <br /> <br />Calculation <br /> <br /> <br />Street System Cost per Trip <br /> <br />X== <br /> Reimbursement: $1,107,864 (0.8888 / 675) $1,458.77 Cost per Trip <br /> <br />X== <br /> Improvement: $1,318,713 (0.8888 / 675) $1,736.40 Cost per Trip <br /> <br /> $1,625.34 <br />Street=+= <br />Total Allocated Cost per Trip $1,458.77 (0.4) $1,736.40 (0.6) <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br />
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