1 / 6

Herriman Parks IFFP and IFA

Explore the impact of new development on existing park facilities, analyzing costs and benefits allocation. Learn about the Proportionate Share Analysis and the various revenue sources for financing park improvements. Understand the Utah Code's provisions for equitable allocation in development.

darcie
Télécharger la présentation

Herriman Parks IFFP and IFA

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Herriman ParksIFFP and IFA Zions Bank Public Finance October 27, 2011

  2. Demand Placed On Existing Facilities/Impact on System Improvements By Anticipated New development Demand placed on existing public park facilities by new development activity is attributed to population growth. “Equitable allocation to costs borne in the past and to be borne in the future, in comparison to benefits already received and yet to be received” (Utah Code 11-36a-302(3))

  3. Demand Placed On Existing Facilities/Impact on System Improvements By Anticipated Development “Equitable allocation to costs borne in the past and to be borne in the future, in comparison to benefits already received and yet to be received” (Utah Code 11-36a-302(3))

  4. Demand Placed On Existing Facilities/Impact on System Improvements By Anticipated Development “Equitable allocation to costs borne in the past and to be borne in the future, in comparison to benefits already received and yet to be received” (Utah Code 11-36a-302(3))

  5. Proportionate Share Analysis Total Impact Fee/Single Family - $3,311.04 Total Impact Fee/Multi Family - $3,118.73

  6. Manner of FinancingConsideration of All Revenue Sources • Impact Fees • Used to maintain purchased level of park service • Other revenue sources considered to maintain “higher” service level • General Fund Revenue • GO Bonds • SAA Bonds • Grants • Impact Fee Credits • Extraordinary Costs and Time Price Differential

More Related