Loading...
9c - School Impact FeesSCHOOL IMPACT FEES 9 AUGUST 2022 BACKGROUND: (1) STAFF PRESENTED BACKGROUND INFORMATION TO THE LUTC COMMITTEE REGARDING SCHOOL IMPACT FEES ON 11 JULY & 1 AUGUST 2022. (2) STAFF RECEIVED THE 2023 CAPITAL FACILITIES PLAN FROM THE SCHOOL DISTRICT ON 19 JULY 2022. (3) THE 2023 CAPITAL FACILITIES PLAN IS CALLING FOR A SIGNIFICANT CHANGE TO THE SCHOOL IMPACT FEES. • SHOULD THE CITY COUNCIL AMEND THE SCHOOL IMPACT FEES TO BE IN ALIGNMENT WITH THE 2023 SCHOOL DISTRICT CAPITAL FACILITIES PLAN? 3 L Single Family 1 $1,845 N/A MF 4+ bedrooms J $15,073 $7,536 qw MF 3 bedrooms $13,189 $7,536 MF 2 bedrooms 1 $10,370 $7,536 MF 1 bedroom $7,537 $7,536 MF studio $5,652 $7,536 City of Federal Way Boundaries of Comprehensive Plan Planned Action SEPA CayCant" I^P yo u i .eta. I ; Steel take s Park x Rs�w�• L - 1 NF4 AR., W Celenratinn Park L Legend WR pare-.luae.20+o OPeneeexnon sEl�A Are¢ Gb CenterC— Swb: SUYace Nktet Ctq Cenitertane " e SOn 1.000 Feet irk , Federal Way svF« b.P p.psme ey m. Cuy of RFVI9Fn MAP-RFPLAGB3 MAR —RGR — SCHOOL IMPACT FEE COMPARISON Impact Fee Calculation ien applicable, the CFP includes variables for the calculation of the Impact Fee for single roily and multi -family units based on King County Code 2IA and the Growth Management t. As noted above, due to declining enrollment, the CFP does not include an impact fee culation or recommendation. Future updates to the CFP may include impact fees. Plan Year 2022 Plan Year 2023 Single Family Units $3,243 $0 Multi -Family Units $16,003 $0 Mixed -Use Residential' $8,001 s0 FEDERAL WAY PUBLIC SCHOOLS 2023 CAPITAL FACILITIES PLAN City Fee Schedule SECTION 13. IMPACT MITIGATION. Category 2022 Fee Single F amily Re sid ence, including Duplexes and Accessory Dwelling Units $0 Plus City Administrative Fee @ 5% $0 Multi -Family Residence within City Center EIS area} $0 Plus City Administrative Fee @ 5% $0 Multi-famil Residence outside City Center EIS area): Multi-fai-nil Residence — 4+ Bedrooms $0 Plus City Administrative fee @ 5°1n $0 Residence — 3 Bedroom 12.5°!o discount $0 Phis this City Administrative fee @ 5°la $0 Multi -family Residence — 2 Bedroom (31.2°/o discount) $0 Plus City Administrative fee @ 5°fin $0 Multi -family Residence — 1 Bedroom 50% discount) $0 P u-s City Administrative fee @ 501D $0 Multi -family Residence — Studio Unit (62.5% discount) $0 Plus City Administrative fee @ 5°/u $0 OPTIONS 1. AMEND THE SCHOOL IMPACT FEES. 2. AMEND THE SCHOOL IMPACT FEES FOLLOWING AN EVALUATION OF THE FINDINGS PREPARED BY THE CONSULTANT CURRENTLY REVIEWING SCHOOL IMPACT FEES ON BEHALF OF THE CITY. 3. DO NOT AMEND THE FEES AND PROVIDE ADDITIONAL DIRECTION TO STAFF. J QUESTIONS? j J