1. Presented By Public Resources Management Group, Inc. RECREATION IMPACT FEE STUDY Prepared on October 10 th, 2013

2. 2  The City of Palm Coast is a Growth-Oriented Community  2000 Population – 32,732 (Census)  2010 Population – 75,180 (Census)  Current Population Estimate (2012 BEBR) – 77,068  Projected Population at Buildout – 203,000 City of Palm Coast Recreational Impact Fees

3. 3 Comprehensive Plan Master Plan Funding / Fee Plan Recreation Planning Process City of Palm Coast Recreational Impact Fees

4. 4  Impact Fee Methods:  Standards Vs. Needs (Improvements) Approach Standards Approach: Simple to Calculate Based on established standards or historical service levels Uses primarily for areas such as Roadways, Libraries, Police and Fire Needs (Improvements) Approach Forward Looking Based on Capital Facility Plan Typically used for Water, Sewer, and Recreational Impact Fees City of Palm Coast Recreational Impact Fees

5. 5 Description Amount Basis Existing City Investment in Recreational Facilities and Activities$13,895,201 Less Grant Funding(2,005,176) Net City Investment in Recreational Facilities and Activities$11,890,025 Future City Investment in Recreational Facilities and Activities (Capital Plan) Parks$12,450,000 Neighborhood Parks34,500,000 Community Centers13,900,000 Community Parks32,812,500 Resource Based Parks (Passive Parks)3,000,000 Trails and Trail Amenities3,475,000 Contingency / Safety Improvements750,000 Park Renovations825000 Special Use Facilities30,735,000 Adjustments to Capital Plan 0 Total Future City Investment in Recreational Facilities and Activities$132,447,500 Total Costs of Existing and Future Investments in Recreational Facilities, Activities and Parklands$144,337,525 Total City Buildout Population203,000 Total Cost to be Recovered Per Capita$711.02

6. 6 City of Palm Coast Recreational Impact Fees Description Amount Basis Total Current Population77,068 Total Buildout Population203,000 Current Population as Percentage of Buildout Population37.96% Alternative Funding Credit Calculation Total Costs of Existing and Future Investments in Recreational Facilities, Activities, etc.$144,337,525 Minus Net City Investment in Recreational Facilities and Activities(11,890,025) Adjusted Costs to be Recovered$132,447,500 Adjusted Costs to be Recovered$132,447,500 Current Population as Percentage of Buildout37.96% Portion of Future Asset Costs to be Credited$50,277,071 Total City Buildout Population203,000 Total Credit Per Capita$247.67

7. 7 City of Palm Coast Recreational Impact Fees DescriptionImpact Fee Cost Per Capita$711.02 Alternative Funding Credit(247.67) Cost to be Recovered per Capita$463.35 Persons per Household2.51 Proposed Impact Fee$1,163.01

8. 8 City of Palm Coast Recreational Impact Fees Description Amount per Dwelling Unit Existing Recreation Impact Fee$1,264.06 Proposed Recreation Impact Fee$1,163.01 Fee Increase / (Decrease)($101.05)

9. 9 City of Palm Coast Recreational Impact Fees

10. 10  Amendments to Park Impact Fee Ordinance  Changes will incorporate the study and reflect the calculation of Impact Fees using the new methodology.  Impact Fee Resolution  Establish Impact Fee based on new methodology and calculation City of Palm Coast Recreational Impact Fees

11. 11  Next Steps  November 5 th City Council - 1 ST Reading of Park Impact Fee Ordinance  November 19 th City Council:  2 nd Reading of Park Impact Fee Ordinance  Resolution for Park Impact Fee City of Palm Coast Recreational Impact Fees