1. Growth Management Legislative Discussion April 3, 2012 Growth Management Legislative Discussion April 3, 2012

2. Growth Management Series Discussion Topics 1.Planning Overview / Comprehensive Plan Amendment Review 2.Concurrent Plan Amendment / Rezoning and Small Scale Amendments 3.Urban Service Area Expansions, Urban Sprawl, Needs Analysis 4.Financial Feasibility: Funding Infrastructure and Services 5.Concurrency: Transportation 6.Concurrency: Schools and Parks 7.Developments of Regional Impact 8.Sector Plans and New Towns

3. Growth Management Series Discussion Topics 1.Planning Overview / Comprehensive Plan Amendment Review 2.Concurrent Plan Amendment / Rezoning and Small Scale Amendments 3.Urban Service Area Expansions, Urban Sprawl, Needs Analysis 4.Financial Feasibility: Funding Infrastructure and Services 5.Concurrency: Transportation 6.Concurrency: Schools and Parks 7.Developments of Regional Impact 8.Sector Plans and New Towns

4. Today’s Discussion

5. Financial Feasibility Concurrency projects in CIE Annual CIE update No penalty Pre-2005 Committed/planned funding LOS analysis Penalty for not updating CIE 2005 Senate Bill 360 Concurrency projects in CIE Annual CIE update No penalty No state review 2011 House Bill 7207

6. Financial Feasibility

7. Funds are: Committed for first 3 years of CIS Committed for first 3 years of CIS Planned for years 4 and 5 Planned for years 4 and 5 Enough to maintain level of service (LOS) Enough to maintain level of service (LOS)

8. Financial Feasibility

9. Whether we can: Accommodate new growth Accommodate new growth Take care of deficiencies Take care of deficiencies Maintain LOS concurrent with growth Maintain LOS concurrent with growth

10. Financial Feasibility

11. Whether we are: Whether we are: Maximizing use of the investments we’ve made Maximizing use of the investments we’ve made Getting a return on investment (ROI) Getting a return on investment (ROI) Able to afford OMR Able to afford OMR

12. Fiscal Sustainability

13. Comparison Maintaining LOSMaintaining LOS Accommodating growthAccommodating growth Address projected deficienciesAddress projected deficiencies Creating new capacityCreating new capacity Return on investmentReturn on investment Prioritizing limited resourcesPrioritizing limited resources Understanding the costsUnderstanding the costs Maximizing existing capacityMaximizing existing capacity

14. Fiscal Sustainability Financial feasibility: 5 years (or 10) Financial feasibility: 5 years (or 10) Fiscal sustainability: life cycle Fiscal sustainability: life cycle

15. Fiscal Sustainability

16. Importance of Fiscal Sustainability History State and federal funds were used to build infrastructure State and federal funds were used to build infrastructure Development followed infrastructure Development followed infrastructure Funding played a huge role that it won’t in the future Funding played a huge role that it won’t in the future New economic reality New economic reality

17. Importance of Fiscal Sustainability Infrastructure Crisis? GRADESU.S.Florida BridgesCB+ Drinking WaterD-C+ EnergyD+ RoadsD-C SchoolsDD+ TransitDC+ WastewaterD-B- OVERALLDC Estimated 5-year investment need$2.2 Trillion$200 Billion Source: ASCE, 2009.

18. Importance of Fiscal Sustainability 21% of County housing is over 50 years old 21% of County housing is over 50 years old Over half of County housing built during 3 decades: 70s, 80s and 90s Over half of County housing built during 3 decades: 70s, 80s and 90s By 2020 they will start reaching the 50-year mark By 2020 they will start reaching the 50-year mark Infrastructure Crisis? (Orange County)

19. Infrastructure Conditions Fire Rescue Some areas need stations Some areas need stations Other areas – stations have few calls Other areas – stations have few calls

20. Infrastructure Conditions Utilities Perfect storm Perfect storm Assess needs Assess needs Prioritize repair/ replacement Prioritize repair/ replacement Borrowing for new facilities Borrowing for new facilities

21. Infrastructure Conditions Public Works Deferred maintenance Deferred maintenance – Resurfacing – Mowing – Street sweeping Reduced funding Reduced funding – CIP – Pedestrian safety

22. Budget In 2012 – Budget concerns continue Decreasing revenues Decreasing revenues Constitutional amendment for property taxes Constitutional amendment for property taxes Decline in economic activity Decline in economic activity Budget cuts Budget cuts

23. Fiscal Sustainability

24. Questions and Studies Suburban road – serves subdivision Suburban road – serves subdivision Street maintenance cost: $350,000 Street maintenance cost: $350,000

25. Questions and Studies

26. Maryland study Maryland study Aging infrastructure Aging infrastructure

27. Questions and Studies Maryland study Maryland study Tax yield per acre Tax yield per acre Retail Mixed use, low to mid rise Single family detached

28. Questions and Studies Southgate Mall is one of the top grossing per-acre yields: $21,752

29. Questions and Studies At $803,000 per acre, Five Points yields 3,500% more per acre than Southgate Mall

30. Questions and Studies Sarasota study Sarasota study Return on infrastructure dollars Return on infrastructure dollars

31. Questions and Studies Sarasota study Sarasota study Return on infrastructure dollars Return on infrastructure dollars

32. Questions and Studies Sarasota study Sarasota study Redevelopment potential Redevelopment potential

33. Questions and Studies

36. Revenues and long-term maintenance Revenues and long-term maintenance Affording what’s already been built Affording what’s already been built ROI/development types ROI/development types Tax revenue per acre Tax revenue per acre Cost of services/development pattern Cost of services/development pattern

37. Fiscal Sustainability

38. Achieving Fiscal Sustainability

39. Make the most of existing investments Make the most of existing investments Invest with Return on Investment in mind Invest with Return on Investment in mind Develop sustainably Develop sustainably Retrofit areas to be more sustainable Retrofit areas to be more sustainable

40. Make the most of existing investments

41. Areas with declining population

42. Make the most of existing investments Areas with declining population

43. Consider return on investment Commuter Rail station area Commuter Rail station area

44. Develop sustainably Revenue in, revenue out Revenue in, revenue out Short-term and long-term Short-term and long-term

45. Retrofit for sustainability Charlotte – connectivity and fire service Charlotte – connectivity and fire service

46. Conclusion Financial feasibility Definitions and requirements deleted Definitions and requirements deleted Relates to concurrency Relates to concurrency Decisions about financial feasibility will depend on concurrency decisions Decisions about financial feasibility will depend on concurrency decisions

47. Conclusion Fiscal sustainability Deletion of financial feasibility doesn’t change the reality that County needs to be fiscally sustainable Deletion of financial feasibility doesn’t change the reality that County needs to be fiscally sustainable Financial feasibility looked at narrower range of issues Financial feasibility looked at narrower range of issues For fiscal sustainability, broaden the focus, ask different questions For fiscal sustainability, broaden the focus, ask different questions

48. Recommendation Moving Toward Fiscal Sustainability Research costs/impacts of development Research costs/impacts of development Analyze areas of County to develop strategies Analyze areas of County to develop strategies Bring together County service providers, GIS, Budget office Bring together County service providers, GIS, Budget office Bring recommendations back to Board Bring recommendations back to Board

49. Growth Management Legislative Discussion April 3, 2012 Growth Management Legislative Discussion April 3, 2012