How we cut the pie
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How we cut the pie. Financing Tools Connection Fees Frontage Fees LIDs Bonds Grants ODOT Other. Financing Tools SDCs Other. Future share of the pie. Maximum Allowable. Projects unfunded. Flexibility. SDC Fees. Projects funded. Adjust Fees – Public Hearing Council Action
How we cut the pie
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Presentation Transcript
How we cut the pie Financing Tools Connection Fees Frontage Fees LIDs Bonds Grants ODOT Other Financing Tools SDCs Other
Future share of the pie Maximum Allowable Projects unfunded Flexibility SDC Fees Projects funded • Adjust Fees – Public Hearing Council Action • Adjust Funded Projects (Swap) – Council Action
Growth Facilities Maximum Allowable Projects unfunded Developer Flexibility SDC Fees Projects funded Builder • Policy & Procedures • Homebuilding • Commercial Development • Industrial Development • Implications = Prioritization • Projects < 100% SDC funded • Projects unfunded “incentives” • Target funded projects to specific areas