Title
Public Hearing on the 2016-2021 Capital Facilities Plan (CFP)
Recommended Action
Committee Recommendation:
The Finance Committee reviewed the draft Capital Facilities Plan (CFP). The Planning Commission held a public hearing and the Parks and Recreation Advisory Committee, the Utilities Advisory Committee, and the Bicycle & Pedestrian Advisory Committee have also reviewed and commented on their respective parts of the draft CFP.
City Manager Recommendation:
Hold the public hearing to receive testimony on the proposed CFP. At the end of the testimony, close the public hearing for oral presentations and move to accept written comments until Friday, November 20, 2015 at 5:00 p.m.
Report
Issue:
The hearing is an opportunity for the Council to hear comments from the public on the CFP.
Staff Contact:
Jane Kirkemo, Administrative Services Director, 360.753.8499
Rich Hoey, Public Works Director, 360.753.8495
Paul Simmons, Parks, Arts and Recreation Director, 360.753.8462
Presenter(s):
Jane Kirkemo, Administrative Services Director
Jennifer Priddy, Olympia School District Assistant Superintendent
Background and Analysis:
The City Manager is annually required to present a six-year Capital Facilities Plan (CFP) to the City Council for adoption. The CFP must be balanced (revenues received realistically pay for proposed projects). Such planning involves determining not only where the facilities will be needed, but also when; and not only how much they will cost, but also how they will be paid for and maintained. The CFP is forwarded to the Planning Commission and other advisory committees for their input and comment. (Advisory committee letters are attached.)
The Planning Commission held a public hearing on the CFP on August 3, 2015.
Because the City of Olympia collects impact fees for the Olympia School District, their CFP is incorporated into the City’s document, and the City Council adopts their impact fees by ordinance.
There have been a few significant changes since the draft CFP was presented in July:
1) Parks received a youth athletic field grant and funding from the legislature for Percival Landing.
2) The City will receive $51,530 in multi-modal funds for two years as a part of the state transportation funding package,. The City will dedicate these funds to bike improvements.
3) Funding from the voted utility tax has decreased ($50,000). We have reduced project funding in both Parks and Sidewalks.
4) Open Space was reduced $138,348.
5) Flood mitigation and collection was increased by $640,000 based on pre-design work estimates.
6) Transportation impact fee-funded projects were revised to reflect impact fee rate increases.
7) Voters approved the Metropolitan Parks District (MPD). We have not revised the CFP to reflect the MPD revenues because the MPD board must establish the District and set the rate. The rate will be based on 2017 assessed value numbers that are not available until October 2016. Revenues for the MPD will be received in May-November of 2017. We will revise the Parks CFP narrative to reference the MPD.
Neighborhood/Community Interests (if known):
Staff has made presentations to the Coalition of Neighborhoods Associations and advisory groups on the preliminary document.
Note: The draft CFP document is posted on the City’s website. The draft document does not reflect any of the changes mentioned above.
Options:
Hold the public hearing. The Council may close the public hearing tonight but continue to take written testimony until November 20, 2015 at 5:00 p.m.
Financial Impact:
The 2016-2021 Preliminary CFP is $133 million. There are sufficient revenues from approximately 16 different sources to cover this plan. This plan includes more than $900,000 in one-time revenue. These one-time funds will be used for Transportation and Park purposes. The Legislature made a change in 2012 allowing the use of 35 percent of the REET (Real Estate Excise Tax) proceeds for operations and maintenance. The current plan assumes all of the REET money will remain in the CFP. 2016 will be the first full-year implementation of the utility tax on cable TV. The plan requires increases in parks, school, and transportation impact fees and general facility charges.