Title
Department of Transportation recommending the Board:
1) Receive an El Dorado Countywide Housing and Employment Projections, 2018 - 2040 Memorandum pertaining to the 2020 Major Update of the Traffic Impact Mitigation Fee Program, the 2016 - 2020 five-year review of the General Plan and the 2021 - 2029 Housing Element Update; and
2) Provide Staff and their consultants with input and direction. (Est. Time: 1.5 Hr.)
FUNDING: N/A
Body
DISCUSSION / BACKGROUND
On September 17, 2019 (Item 32), the Department of Transportation has been directed to accelerate the 2020 Major Update to the Traffic Impact Mitigation (TIM) Fee Program. This is the second workshop to discuss policy items related to the TIM Fee Program.
An El Dorado Countywide Housing and Employment Projections, 2018 - 2040 Memorandum (Memorandum) has been prepared by the County’s consultant, BAE Urban Economics, Inc. (BAE) (Attachment A). The projections will assist the County in the preparation of an updated Travel Demand Model for the TIM Fee and CIP major updates, provide a basis for the 2016 - 2020 Five-year General Plan review and the 2021 - 2029 Housing Element Update. The updated growth projections cover the Western Slope of El Dorado County for the period from 2018 to 2040.
Base Year Housing and Employment Estimates
It is necessary to establish a starting-point for the projections exercise, currently the projections cover only the Western Slope of the county (West Slope) comprising the area outside of the Lake Tahoe Basin, which is under the jurisdiction of the Tahoe Regional Planning Agency. BAE considered five sources of estimates for housing trends and four sources of estimates for jobs trends in the West Slope. For purposes of the analysis, BAE has chosen to use the County estimates based on the County’s Geographic Information System (GIS) mapping data, as they are the most localized estimates available.
Residential (Housing) Growth Rates
As shown in the Population/Housing Unit...
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