File #: 24-1457    Version: 1
Type: Agenda Item Status: Approved
File created: 8/6/2024 In control: Board of Supervisors
On agenda: 10/22/2024 Final action: 10/22/2024
Title: 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 (CIP) and consider the following: 1) Direct staff to reduce the residential and non-residential offset percentages to the proposed Traffic Impact Fees using the proposed Scenario 2 to account for the reduction in assumed grant funding; and 2) Direct staff to return on December 3, 2024, with the appropriate resolution for adoption of the Major Update to the TIF Program, and to incorporate the changes to the CIP with the 2025 Annual Update. FUNDING: Traffic Impact Fee Program.
Attachments: 1. A - Presentation, 2. B - Fee Schedule Scenarios, 3. C - Current Fee Schedule, 4. Public Comment BOS Rcvd. 10-21-2024
Related files: 24-1412, 24-0548, 23-2051, 23-2241, 24-1686
Title
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 (CIP) and consider the following:
1) Direct staff to reduce the residential and non-residential offset percentages to the proposed Traffic Impact Fees using the proposed Scenario 2 to account for the reduction in assumed grant funding; and
2) Direct staff to return on December 3, 2024, with the appropriate resolution for adoption of the Major Update to the TIF Program, and to incorporate the changes to the CIP with the 2025 Annual Update.

FUNDING: Traffic Impact Fee Program.
Body
DISCUSSION / BACKGROUND
Over recent years, Grant funding opportunities for roadway-capacity-increasing projects, like those included within the TIF Program, have significantly decreased following the passage and enactment of new laws focused on reducing greenhouse gases (GHG) and vehicle miles traveled (VMT).

To address this issue, staff identified the need to reduce the amount of grant funding assumed within the TIF Program to ensure the Program is fully funded and consistent with General Plan Policies. As a result, on August 13, 2024 (Legistar Item 24-1412), the Board received information from staff on, potential, reduced grant funding scenarios, and selected a 25% reduction to the assumed revenue from federal grant programs, which resulted in approximately $57 million available for use within the TIF Program. The current Nexus Model assumes approximately $69 million of grant funding for the TIF Program.

Within the TIF Program, these grant funds cover the costs associated with external trips (vehicle trips that affect level of service (LOS) on County roads but that do not originate, or end, within the unincorporated west slope of the County) and the affordable housing TIF offset program, which equates to $20 million over the 20-year planning horizon of the TIF Program. During previous major upda...

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