Title
ORIGINALLY ITEM #11 WHICH WAS MOVED TO NEW BUSINESS: APPROVAL OF RESOLUTION TO INCREASE EDUCATIONAL IMPACT FEES
Description
Pursuant to F.S.1013.33, the Sarasota County School Board and the Sarasota Board of County Commissioners are required to coordinate the planning of Educational Facilities with the planning of Residential Development, concurrently with other necessary services. In coordination with the School Board, on January 26, 2016, the Sarasota Board of County Commissioners passed Ordinance 2015-090, reinstating the Sarasota County Educational System Impact Fee. Those impact fees were established as follows: (1) Single-family - $2,032.00 per Dwelling Unit: (2) Multifamily - $561.00 per Dwelling Unit; and (3) Mobile Home - $188.00 per Dwelling Unit. In 2020, the Board contracted TischlerBise to conduct an updated Impact Fee Study based on residential growth in Sarasota County. The results of that study were presented to the Board on April 12, 2022. The TischlerBise study calculated the maximum supportable impact fee as: (1) Single-family - $6,533.00 per Dwelling Unit; (2) Multifamily - $2,193.00 per Dwelling Unit; and (3) Mobile Home - $592.00 per Dwelling Unit. As per F.S. 163.31801(6)(d), an impact fee increase may not exceed 50 percent of the current impact fee rate. This motion represents a fifty percent increase of the current adopted fee phased in four equal installments.
Recommendation
That the School Board of Sarasota County approve the resolution to recommend that the Board of County Commissioners amend the Education System Impact Fee Ordinance to change the levied amount of the Educational System Impact Fees as follows:
Year One
(1) Single-Family: $2,286.00 per Dwelling Unit
(2) Multifamily: $581.00 per Dwelling Unit
(3) Mobile Home: $212.00 per Dwelling Unit
Year Two
(1) Single-Family: $2,540.00 per Dwelling Unit
(2) Multifamily: $645.00 per Dwelling Unit
(3) Mobile Home: $235.00 per Dwelling Unit
Year Three
(1) Single-Family: $2,794.00 per Dwelling Unit
(2) Multifamily: $710.00 per Dwelling Unit
(3) Mobile Home: $259.00 per Dwelling Unit
Year Four
(1) Single-Family: $3,048.00 per Dwelling Unit
(2) Multifamily: $774.00 per Dwelling Unit
(3) Mobile Home: $282.00 per Dwelling Unit
Contact
DUMAS & COMINOTTI
Financial Impact
N/A
Strategic Plan Reference
Goal: 5 Strategy: 1