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COMPARISON OF GROWTH MANAGEMENT APPROVALS
<br /> WITH ESTIMATED NUMBER OF UNITS TO PAY FEES
<br /> GROWTH ~MATED NO.
<br /> MANAGEMENT OF UNrI~ TO PAY
<br /> CALENDAR YEAR APPROVALS FISCAL YEAR FEES
<br /> ~997 671 FY 1997/98 548
<br /> ~99S 598 FY ~99W9 752
<br /> ~999 416 FY ~999/00 612
<br /> 2OOO 109 FY2000/0~ 131
<br /> 200~ 98 FY 200~/02 98
<br /> TOTAL 1,892 TOT AL 2, 141
<br />
<br />Based on the above estimated number of units expected to pay fees, a total of $12.9 million in
<br />revenue is expected to be generated from this funding source over the next five years. A yearly
<br />summary of revenues from specific development fees shown in the year they are expected to be
<br />collected are detailed below.
<br />
<br />While the revenue projections are based substantially on approved projects, they must be viewed as
<br />tentative since they are affected by the economy and the health of the housing and consmsetion
<br />industry which is generally beyond the City's control. In addition, City Council actions related to
<br />future project approvals and growth management allocations could also affect revenue projections.
<br />
<br /> DEVELOPMENT-RELATED FEES/CONTRIBUTIONS
<br />
<br /> FY 199'Y/98 FY 1998/99 lay 1999/00 FY 3000/01 FY 2001/02 TOTAL
<br />WATER CONNECTION S702,800 $925,000 $'7t7,000 Sl79,800 SI40,200 252,704,800
<br />~SEWER CONNECTION 326,200 402,100 332,100 91,600 75,100 1,227,100
<br />PARK DEDICATION 200,000 116,261 .50,000 50,000 50,000 466.261
<br />RESIDENTIAL 274,000 376,000 306,000 65,i00 49,000 1,070.500
<br />CONSTRUCTION
<br />CAPITAL IMPROVEMENT 287,700 394,800 321,300 68,775 51,450 1,124,02,'S
<br />GROWTH MANAGF..,MENT 4 ! ! ,000 564,000 459,000 98,2,50 73,500 1,605,750
<br />PUBLIC ~S
<br />SROW"I'H 1,205,600 1,654,400 1,346,400 288,200 215,600 4,710,,200
<br />iMPROVEMENTS
<br />~UB'rOTAL 3,407J00 4j32J,61 3,STI,S00 S42J2S 6M, SS0 12,908/,,,36
<br />i)EVELOPMENT FEB
<br />)EVEIX)PER 334,200 1,201,000 895,000 126,600 0 2,556,800
<br />."ONTRIBLrFIONS
<br />TOTAL $3,741,500 $5,633,561 $4,466,800 $968,725 $654,850 $1.5,465,436
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<br /> 7
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