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Department of Transportation recommending the Board consider the following pertaining to the Major Update of the Traffic Impact Fee (TIF) Program and the Capital Improvement Program and consider the following:
1) Approve using the proposed, current percentage of local-serving jobs (61 percent) as the basis for shifting non-residential uses to residential uses in the TIF Program;
2) Receive information from staff on potential grant funding scenarios and select one of the grant funding scenarios to be used in calculating the new TIF Program Fee Schedule;
3) Receive information on the list of roadway deficiency projects resulting from approved growth rates and updates to the Travel Demand Model; and
4) Direct staff to proceed with updating the Nexus Model and to return to the Board on October 22, 2024, for a final workshop on residential/non-residential offset reduction scenarios.
FUNDING: Traffic Impact Fee Program.
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DISCUSSION / BACKGROUND
The Department of Transportation has been working on the Major Update to the Traffic Impact Fee (TIF) Program and the Capital Improvement Program (CIP) since the fall of 2023. This is the fourth workshop to discuss policy items related to the implementation of the TIF Program during the Major Update.
El Dorado County's (County) TIF Program allocates the cost of roadway improvements based on the number of new vehicle trips generated in the PM peak hour for various land use types. For non-residential development, current land use categories include general commercial, hotel/motel/B&B, church, office/medical, and industrial/warehouse.
Most non-residential development generally falls into one of these above listed categories, although a “per trip” fee may be charged when the County determines that use of the categories is not appropriate. This may be due to an uncommon land use or any other factors that, at the County’s sole discretion, render the category unrepresentative of the expected trip generation of the prop...
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