HomeMy WebLinkAboutParks SDC Methodology Presentation 10-9-19Parks & Recreation SDC
Methodology Update
October 9, 2019
Parks and
Recreation
System
Plan
12,000 individuals
contributed
-Developing a long-range vision
for the future
-Being realistic about what can be
achieved
2018 Bond Measure
Tugman Park
Berkeley Park
Striker Field Park
Campbell Community Center
Echo Hollow Pool
Amazon Running Trail
Delta Ponds Loop Trail
Habitat Restoration
Basic SDC
Formula
Project Costs
Supporting
Growth
Equivalent
Population
(# of new people/
visitors/employees)
Cost per
Population
Equivalent
SDC Project
List $380
million
1.Parks and Recreation System Plan 30-year vision
$226
million
2.Reduce by $154m in priority 3 projects
$172.7
million
3.Exclude $53.3m in projects funded through bond, etc.
$95.1
million
4.Remove $77.6m in project costs that don’t support
growth
$87.3
million
5.Apply $7.8m SDC balance available
Improvement Fee
Prior Investments
Supporting Growth
“Reimbursement Fee”
7
Existing
System Value
for Growth =
$30 m
Prior land
acquisition (for
future
development)
Developed
park land
(Metropolitan
Parks)
Basic SDC
Formula
Costs
Supporting
Growth
Equivalent
Population
(# of new people/
visitors/employees)
$2,422 per
Population
Equivalent
$87.3 m +
+30 m = $117 m
48,469 Resident
Equivalents
SDC
Assessment -
Residential
$2,422
People per
unit
Equivalency
SDC
per Unit
Single Family
Residential
Example
$2,422 X 2.51 X 1=
$6,077
Multifamily
Residential
Example
$2,422 X 1.76 X 1=
$4,262
OPTION:
Progressive
Residential
Rate
Structure
Housing Type/ Size Persons/
household
Current
Rate
Updated
Rate
Percent
Change
Single-family (avg)2.51 $4,246 $6,077 43%
ADU 1.25 $3,442 $3,035 -12%
800 sf or less 1.25 $4,246 $3,035 -29%
801-1,500 sf 1.96 $4,246 $4,740 12%
1,501-3,000 sf 2.71 $4,246 $6,561 55%
Over 3,000 sf 3.37 $4,246 $8,162 92%
Mobile home 1.76 $3,442 $4,262 24%
Multi-family (avg)1.76 $2,686 $4,262 59%
0 Bedrooms (studio)1.09 $2,686 $2,640 -2%
1 Bedroom 1.20 $2,686 $2, 906 8%
2 Bedrooms 1.99 $2,686 $4,819 79%
3+ Bedrooms 2.51 $2,686 $6,079 126%
Oregon Cities
Rate
Comparison $634 $1,041 $1,745
$2,331 $2,672
$3,721 $4,246 $4,613 $5,147 $5,162 $5,374 $6,077 $6,238
$8,300
$9,534
$10,616
$11,545
$13,595
$0
$2,000
$4,000
$6,000
$8,000
$10,000
$12,000
$14,000
$16,000
Single Family Rate Comparison
SDC
Assessment -
Nonresidential
$2,422
People per
unit
Equivalency
SDC
per Unit
Office Example
(unit = 1,000 sf. ft.)
$2,422 X 3.3 X 0.2=
$1,599
Hotel Example
(unit = room)
$2,422 X 2.3 X 0.44=
$2,451
Commercial
Rates
Development
Type
Units Current
Rate
Updated
Rate
Percent
Change
Hotel/ Motel Room $1,697 $2,451 44%
Office, Eating &
Drinking
TGSF $1,134 $1,599 41%
Industrial TGSF $694 $986 42%
Retail, General
Services
TGSF $413 $578 40%
Warehousing TGSF $167 $235 41%
TGSF = Thousand Gross Square Feet
City Council Priorities
Affordable Housing
Public Safety
Climate Recovery Ordinance
Livability
Envision Eugene Pillars
Housing Affordability
Climate Change and Energy Resiliency
Neighborhood Livability
Natural Resources
OPTION:
2-Year
Phasing Plan
Development Type Current Rate Year One Year Two
(Full Rate)
Single-family Average $4,246 $5,162 $6,077
Annual Increase 22%18%
Multi-family Average $2,686 $3,474 $4,262
Annual Increase 29%23%
IMPLICATION: Delaying implementation of the full rate means the
revenue collected will not support the prioritized project list, pushing
more projects out into Phase 3 and beyond.
ASSUMPTION: Development types that see an overall rate decrease
would realize the full decrease in year one.
Timeline
Work session
#2
October
•Publish draft methodology
for review in November
Work session
#3
January
•Review methodology
Public
Hearing
January
•Revise methodology if
needed
Work session
#4 & Possible
Action
February