HomeMy WebLinkAboutOrdinance 4973 ORDINANCE NO. 4973
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U. JrH!TITLE XV UNIF I I l
DEVELOPMENTAN ORDINANCCODE OF FAYETO T EVILLE, CHAPTER tI 'GTGh K.
FEES BY ENACTING § 159.05 ROAD IMPACT FEES OF
THE UNIFIED DEVELOPMENT CODE AND TO REFER THIS
ORDINANCE TO THE VOTERS FOR THEIR ADOPTION OR
REJECTION
WHEREAS, the protection of the health, safety, and general welfare of the citizens of
Fayetteville require that the streets and roads identified in the Capital Improvement Program, the
2003 Traffic and Transportation Study, and the 2006 Sales Tax Bond Proposal (collectively
hereinafter "Capital Plan") as a Public Facility of the City be expanded and improved to meet the
demands of new development; and
WHEREAS, the creation of an equitable development impact fee system would enable
the City to generate revenue for funding or for recouping the costs of required Capital Plan' s
capacity improvements that those developments create; and
WHEREAS the City has comprehensively studied the future needs of its citizens and
what the City needs to do to meet those needs and adopted a Comprehensive General Plan, the
2025 Plan. The City also annually updates its Capital Improvement Program list of future
necessary capital improvements for all city services including streets and roads; and
WHEREAS, the City commissioned an in-depth Road Impact Fee Study designed to
study future street and road capital needs, and the fair and equitable proportion of those capacity
improvement needs that new development should pay. This Impact Fee Study was completed in
September 23 , 2005, updated on May 2, 2006, and later adopted by the City Council on June 20,
2006 ; and
WHEREAS, the Road Impact Fee Study sets forth reasonable methodologies and
analyses for determining the impacts of various types of development on the City' s need for
additional road capacity improvements; and
WHEREAS, the Road Impact Fees described in this Ordinance are based on the updated
Impact Fee Study, and are designated to generate revenue for funding or for recouping
expenditures by the City of Fayetteville that are reasonably attributable to the use and occupancy
of the new developments that will pay the fees; and
WHEREAS, the Master Street Plan and the Capital Plan constitute an interrelated system
that provides service throughout Fayetteville, and it is therefore appropriate and proper to treat
the entire city as a single service area; and
i
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Ord. 4973
WHEREAS, there is both a rational nexus and a rough proportionality between the
development impacts created by each type of new development covered by this Ordinance and
the impact fees that such development will be required to pay; and
WHEREAS, this Ordinance creates a system by which Road Impact Fees paid by new
developments will be used so that the new development that pays each fee will receive a
corresponding benefit within a reasonable period of time after the fee is paid.
NOW, THEREFORE, BE IT ENACTED BY THE CITY COUNCIL OF THE
CITY OF FAYETTEVILLE, ARKANSAS:
Section 1 : That the City Council of the City of Fayetteville, Arkansas hereby amends
Chapter 159 of the Unified Development Code by enacting § 159.05 Road Impact Fees as
shown on Exhibit A attached hereto.
Section 2 : That the City Council of the City of Fayetteville, Arkansas hereby refers to
the people of the City of Fayetteville the above proposed ordinance enacting § 159.05 Road
Impact Fees for their adoption or rejection in an election to be held within the City of
Fayetteville pursuant to Amendment 7 of the Arkansas Constitution on or about the lou' day of
April, 2007. If a majority of electors vote to adopt the proposed ordinance, then § 159.05 Road
Impact Fees shall then become the law in Fayetteville effective on July 1 , 2007. If a majority of
electors vote to reject the proposed ordinance, the Road Impact Fees will not go into effect and §
159.05 shall not be enacted.
Section 3 : That the City Council of the City of Fayetteville, Arkansas hereby determines
that all projects for which valid building permits have been issued by the City prior to July 1 ,
2007, shall be exempt from Road Impact Fees for the structure constructed pursuant to that
building permit.
Y OA SG
PASSED and APPROVED this 16th day of January, 2007.
APPROVED: ATTEST: : FAYETTEVILLE:
`SpkANSP�J=;
By. By: I rwin/� „nuuu�
DAN COODY, Mayor SONDRA SMITH, City Clerk/Treasurer
EXHIBIT "A"
159.05 Road Impact Fees (5) This road impact fee is based upon
previous and current City Five Year Capital
(A) Applicability Improvement Program documents approved
annually by City Council Resolution, the 2003
(1 ) The following provisions shall apply Traffic and Transportation Study, and the Sales
to all of the territory within the City's corporate Tax Bond Proposal for street improvements
city limits, and any area near the corporate limits (hereinafter collectively referred to as the
if specifically agreed by the owner. "Capital Plan") and level of service standards
adopted within the Road Impact Fee Study of
(2) The following types of development September, 2005, as updated in May, 2006, and
shall be required to pay a Road Impact Fee: elsewhere by the City Council. The Impact Fee
t Study of May 2, 2006, is incorporated herein and
(a) New development within one of shall be filed in the City Clerk's Office and is
the categories of development in Table A. attached to this Exhibit "A" to explain the
methodology and formulas for the Road Impact
(b) Redevelopment involving the Fees, the levels of services and increases in
construction of one or more additional units capacity needed for the Capital Plan.
within one of the categories of development in
Table A. (6) It is not the intent of this section
that any monies collected for the road impact fee
(B) Intent ever be commingled or ever be used for a type of
facility different from that for which the fee was
(1) The intent of the Road Impact Fee paid. No impact fee revenue may be used for
is to offset costs to the City of Fayetteville operational expenses.
taxpayers that are reasonably attributable to
providing necessary capacity improvements to (C) Time of Collection
collector or arterial streets to serve new
developments. This impact fee shall be paid to the City
by the owner of the property before a certificate
(2) This impact fee charged to new of occupancy is issued for the new development
development is to generate revenue for funding or at the closing on the property by the
or recouping expenditures of the City of purchasing owner.
Fayetteville that are reasonably attributable to
the use and occupancy of the new development. (D) Fee Determination
(3) This impact fee is to be collected (1) Road Impact Fee Table.
and expended only for the planning, design or
construction of new collector or arterial streets or The Impact Fee Administrator shall
of capital improvements to existing collector or determine the correct amount of the Road Impact
arterial streets that expand their capacity or for Fee by use of Table A and information about the
the recoupment of prior capital improvements to type and size of the new development.
such collector or arterial streets that created
capacity available to serve new development.
(4) The intent of this impact fee
requirement is to ensure that new development
bears a proportionate share of the costs of
capacity improvements to the collector and
arterial streets, but also to ensure that this
proportional share does not exceed the costs of
the demand for additional capacity in those
streets that is reasonably attributable to providing
these streets to the use and occupancy of that
new development.
EXHIBIT "A"
from payment of impact fees pursuant
TABLE A to this ordinance by the Impact Fee
Administrator.
ROAD IMPACT FEES
(b) Appeal. A person aggrieved by the
Impact Impact Fee Administrator's refusal to grant an
Land Use Unit Fee Affordable Housing Exemption may appeal the
Residential Dwelling $2,363 denial to the Planning Commission.
Mobile Home Park Pad $1 ,779 (E) Use of Fees.
Hotel/Motel Room $1 ,319 (1) Establishment of Accounts. A Road
Commercial/Office 1000 sq. ft. $2,701 Impact Fee Fund that is distinct from the General
Fund of the City is hereby created, and the
Nursing Home 1000 sq. ft. $ 1 ,495 impact fees received will be deposited in this
Church/School Road Impact Fee Account.
Industrial/Warehouse 1000 sq. ft. $ 13676
(2) Impact Fee Account. The Road Impact
Mini-Warehouse 1000 sq. ft. $ 587 Fee Account shall contain only those impact fees
collected pursuant to this Ordinance plus any
(2) Redevelopment, Reconstruction, interest which may accrue from time to time on
such accounts.
Change of Use. In the event of a redevelopment,
reconstruction or change of use from an existing (F) Order of Use. Monies in the Road Impact
development or use, the fee shall be the Fee Account shall be considered to be spent in
difference between what the fee would be for the the order collected, on a first-in/first-out basis.
entire redevelopment or reconstruction project
and what the fee would have been for the (G) Use of Fees. The funds in the Road Impact
existing development or use. Enlargement of a Fee Account shall be used only for the
single family home will not require any impact following:
fee.
( 1 ) The use of the Road Impact Fees
(3) Mixed Use. If the proposed development shall be to offset costs to the City of Fayetteville
includes a mix e. the residential, commercial,
industrial or other uses listed in the impact fee taxpayers that are reasonably attributable to
schedule, the fee shall be determined by adding providing necessary collector
up all the road impact fees that would be capacity improvement to new development.
or arterial street
applicable for each use type as if it was a (2) This impact fee charged to new
freestanding land use type. development shall generate revenue for funding
or recouping expenditures of the City of
(4) Affordable Housing Exemption. Fayetteville that are reasonably attributable to
a Single family and non-profit multi- the use and occupancy of the new development.
O g Y p
family supportive housing. Construction (3) This impact fee shall be collected
of single family and non-profit multi- and expended only for the planning, design or
family supportive housing funded construction of new collector or arterial streets or
wholly or primarily by federal of capital improvements to existing collector or
Community Development Block arterial streets that expand their capacity or for
Grants, non-profit service organizations the recoupment of prior capital improvements to
such as Habitat for Humanity, Housing such collector or arterial streets that created
and Urban Development housing loans capacity available to serve new development.
and similar programs designed to
provide affordable, owner-occupied, (4) No monies collected for the Road
single family residences to low income Impact Fee shall ever be commingled or ever be
individuals and non-profit multi-family used for a type of facility different from that for
supportive housing shall be exempted which the fee was paid.
EXHIBIT "A"
(5) No impact fee revenue shall be used
for operational expenses.
(6) All Road Impact Fee revenues shall
be spent in accordance with subsection (B)
Intent.
(H) Refunds.
( 1 ) The City of Fayetteville shall
refund the portion of collected development
impact fees, including the accrued interest that
has not been expended seven (7) years from the
date the fees were paid. Interest shall be based
on a four percent (4%) annual rate.
(2) A refund shall be paid to the present
owner of the property that was the subject of new
development and against which the fee was
assessed and collected.
(3) Notice of the right to a refund,
including the amount of the refund and the
procedure for applying for and receiving the
refund, shall be sent or served in writing to the
present owners of the property no later than
thirty (30) days after the date which the refund
becomes due. The sending by regular mail of the
notices to all present owners of record shall be
sufficient to satisfy the requirement of notice.
(4) The refund shall be made on a pro
rata basis, and shall be paid in full no later than
ninety (90) days after the date certain upon
which the refund becomes due.
(5) At the time of payment of the Road
Impact Fee under this Ordinance, the Impact Fee
Administrator shall provide the applicant paying
such fee with written notice of those
circumstances under which refunds of such fees
will be made. Failure to deliver such written
notice shall not invalidate any collection of any
impact fee under this ordinance.
` F
ROAD IMPACT FEE STUDY
FAYETTEVILLE ,FARKANSAS
Y 3
F
prepared by duncanlassociates
May 2006
CONTENTS
EXECUTIVE SUMNI M . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1
LEGAL FRAMEWORK . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2
BACKGROUND . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4
DEVELOPER EXACTIONS AND CREDITS . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 8
SERVICE UNITS . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 9
IMPACT FEE METHODOLOGY . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 10
MAJOR ROADWAY SYSTEM . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 12
EXISTING DEFICIENCIES . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 13
COST PER SERVICE UNIT . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 15
REVENUE CREDITS . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 17
TRAVEL DEMAND . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 21
POTENTIAL FEES . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 24
APPENDIX A: MAJOR ROADWAY INVENTORY . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 26
APPENDIX 13: ARKANSAS IMPACT FEE ENABLING ACT' . . . . . . . . . . . . . . . . . . . . . . . . . . . . 31
LIST OF TABLES AND FIGURES
Table 1 : ROAD IMPACT I4FF. SUMMARY . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1
Table 2: CAPITAL FUNDING BY SOURCE, 2004-2008 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4
'.'able 3: SALES TAX CAPITAL FUNDING, 2004-2008 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5
Table 4: OUTSTANDING DF_13T . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5
Table 5: POPULATION GRO\Xrl'I I, 1990-2000 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6
Table 6: RESIDENTIAL BUILDING PERMITS, 1996-2004 . . . . . . . . . . . . . . . . . . . . . . . . . . 6
Table 7: EXISTING HOUSING UNITS BY TYI'L- . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 7
Table 8: TOTAL DAILY VEHICLE MILES OF TRAVEL . . . . . . . . . . . . . . . . . . . . . . . . . . 14
'fable 9: TOTAL DAILY VEFIICLI A4ILES OF CAPACITY . . . . . . . . . . . . . . . . . . . . . . . . 14
Table 10: SYSTEMWIDE RATIO OF CAPACITY TO DEMAND . . . . . . . . . . . . . . . . . . . . 15
Table 11 : PLANNED ROAD 1NIPROVFMFNT COSTS . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 16
Table 12: ROAD COST PER SERVICE UNIT' . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 16
Table 13: FFDER 1L/STA'K'E 11IGHXX%AY FUNDING, 2001 -2025 . . . . . . . . . . . . . . . . . . . . 17
1"able 14: CITY SALES TAX FUNDING, 2004-2008 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 18
Table 15: ROAD REVENUE CREDIT PER SERVICE UNIT . . . . . . . . . . . . . . . . . . . . . . . . 19
Table 16: ROAD NET COST PER SERVICE UNIT . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 20
"fable 17: AVERAGE TRIP LENGTH . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 22
Table 18: AVERAGE TRIP LENGTH BY TRIP PURPOSE . . . . . . . . . . . . . . . . . . . . . . . . . . 22
Table 19: "TRAVEL DF_NfAND SCHEDULE . . . . . . . . . . . . . . . . . . . . . . . . . . . I . . . . . . . . . . . . 23
Table 20: ROAD NET COST SCHEDULE . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 24
Table 21 : POTENTIAL ROAD IMPACT FEE REVENUE . . . . . . . . . . . . . . . . . . . . . . . . . . . 25
Table 22: MAJOR ROADWAY INVENTORY . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 26
Figure 1 : PLANNING AREA . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 7
lf1C"1J° lORKf _Fgure : . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 11
Figure 3: EXISTING MAJOR ROADWAY SYSTEM . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 12
prepared be Duncan Associates
Clancy- \9ullen, Principal Author
13276 Research Boulevard, Suite 208, Austin, TX 78750
(512) 258-7347 x 204; clancl a duncanplan.com
EXECUTIVE SUMMARY
This study calculates maximum impact fees that could be adopted by the Citv of Fayetteville to help fund
growth-related infrastructure improvements for major roads. "l'he road impact fees have been calculated
with and -without the inclusion of right-of-way (RO\\0 costs. If road impact fees are adopted, the City
would need to give developers credit against their impact fees for the cost of any required land
dedication or capacity improvement that adds through lanes to any adjacent or internal arterial or
collector roadway. . However, if ROW costs are excluded from the road impact fee, credit -would need
to be given only for improvement costs.
T7tis report relies heavily on the road impact fee analysis contained in the ]une 2004 Impact Fee Study.
Road, Fire and Pa/ice that we previously prepared for the City. T7ie major change was to substitute the
proposed bond program projects for the historical projects used as the basis for the road impact fees.
T11e calculated maximum fees for selected land uses and potential annual impact fee revenues are
summarized in Table 1 . The maximum road impact fees and potential revenues would be 8 percent
lower if ROW costs are excluded. It should be kept in mind that the City will need to give credit against
the road impact fees for the value of some developer dedications or improvements, and consequently,
actual road impact fee revenues received in cash will likely be less than indicated in the table below.
Table 1
ROAD IMPACT FEE SUMMARY
Land Use Unit Without ROW With ROW
Single-Family Detached Dwelling $3,409 $3,722
Multi-Family Dwelling - $2,363 $2,580
Mobile Home Dwelling $1 ,779 $1 ,943
Retail 1 ,000 sq. ft. $4,023 $4,393
Office 1 ,000 sq. ft. $2,701 $2,950
Industrial 1 ,000 sq. ft. $2,353 $2,569
Potential Annual Revenue $4, 108,043 $4,485,558
Source: Maximum road fees from Table 20: potential revenues from Table 21 .
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LEGAL FRAMEWORK
Municipalities in Arkansas are authorized by state law to enact impact fee ordinances, provided that they
follow the requirements of Arkansas Statutes 4 14-56-102, Development Impact Fees. This section
provides a brief summary of those requirements most relevant to the City of Fayetteville. The entire
statute is reproduced in Appendix B.
Impact fees area one-time fee that can only be assessed on new development. Water and wastewater
impact fees can be assessed at the time of purchase of the water meter, but all other types of impact fees
must be assessed at the time of issuance of the certificate of occupancy. The amount of impact fees paid
for a newly-constructed building must be separately itemized on the closing statement at the time the
property is sold. The City can allow the fee to be paid in installments.
Impact fees must be spent for capital improvements that provide benefit to the fee-paying development.
This can include existing improvements that have excess capacity that was built to accommodate future
growth. Section 14-56-102(c)(1) provides that the fees can only be used for:
... Me planning, design and construction of new public facililies or of capital inprovements to existing
pnhlit fay lines that expand its capacity orfor the recoupment of prior capital improvements to publir
facilities that created rapacity that is available to sense new development.
Impact fees can be pledged to repay bonds that have been issued to fund growth-related capital
improvements. However, they cannot be used to pay for:
the operation or maintenance of ark prchlic facility{ or for the construction or improvement of public
facilities, that does not create additional capacit� (Section 14-56-102(c)(3))
In Arkansas, impact fees can only be adopted to fund certain types of public ,facilities. Section 14-56-
102(b) limits the use ofimpact fees to "providing necessary public facilities," and Section 14-56-102(x)(7)
defines "public facilities" to include only the following:
(A) Eater srpp/y, treatment, and distribution,for either domestic water orforsrppressionoffires;
(13) I i%astewaler treatment and sanitary sewerage,
(C) Stornmater drainage
(D) Roads, streets, sidewalks, highways mrd public lean,partation;
(T) Librvp;
(1 ) Parks, open space, and recreation areas,
(G) Police orpublic safety;
(H) Fir, protection; and
(1) Ambulance or emergeng medical transportation and response.
To assess impact fees, a city must first adopt an ordinance. The ordinance must be preceded by the
development of a capital plan and level of service standards for the types of facilities for which the
impact fees are to be imposed. The capital plan must include:
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Fayetteville\Road Impact Fee Study May 2, 2006, Page 2
a description of new public facilities or of new capital improvements to existing public facilities or of
previous capital improvements to public facilities that continue to provide capacity available jar new
development that includes cost estimates, and ca
,pacio available to sense new development ... (Section
14-56-102(1)(1)
As noted, prior to adopting a road impact fee ordinance, the City must adopt a capital plan and a level
of service standard for roads, pursuant to Section 14-56- 102(e)(2). The capital plan, which describes the
projects that would be eligible for funding with the City's road impact fees, is shown Table 11 . The level
of service on which the fees calculated in this report are based is a one-to-one system wide ratio of
vehicle-miles of capacity to vehicle-miles of travel (see the discussion in the sections on "Road Impact
Fee Methodology" and "Existing Deficiencies," as well as the formula in Figure 2).
Pursuant to Section 14-56-102(e)(3), the impact fee ordinance must contain the following:
(A) A statement of the newpublie facilities and capital improvements to existing public facili ies that
are to be financed by impact fees and the level of service standards included in the capital plan for the
public facilities that are to be financed with impact fees;
03) The actual formula or for a las far asses.dng the impact fee, wbich shall be consistent with the level
of service standanh;
(C) The procedure by which impact fees are to be assessed and collected; and
(D) The procedure for refund of excess impacifees, in accordance witb subsection (b) of this section.
Impact fees collected must be deposited into a separate interest-bearing account and spent only, for the
type of improvements for which they were collected. Interest earned on these accounts shall be spent
for the same purposes as the impact fees themselves. Any funds not spent within seven years must be
refunded to the fee-payer.
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BACKGROUND
An impact fee is a form of "exaction," through which a developer or builder is required to contribute
to the costs of public improvements required to serve the development. Generally, impact fees are
designed to pay for the new development's proportionate share of the cost of off-site improvements, and
credit against the fees is given if the developer is required to contribute to the system of facilities for
which the fees are charged through on-site dedication, construction or monetary payment. Typically the
fee is levied on some easily measurable unit of activity, such as the construction of one dwelling unit or
1 ,000 square feet of commercial or industrial space. In Arkansas, impact fees are generally collected at
the time of certificate of occupancy or water meter purchase.
llne Cin' finances most capital improvements on a pay-as-vou-go basis. This is done utilizing revenues
from the one-percent City sales tax renewed in 2002 (of which, by City Council resolution, 50 percent
is used to fund capital projects), the one-percent Hotel, Motel, Restaurant sales tax adopted in 1996 to
fund park improvements, and operating revenues from the City's enterprise funds, including water,
wastewater and solid waste.
The City's last five-year capital improvements program (CIP), excluding non-recurring funding such as
one-time bond proceeds, included over $66.6 million in capital funding for the five-year period. Over
half olthe pay-as-you-go funding is from the one-percent sales tax, as shown in Table 2.
Table 2
CAPITAL FUNDING BY SOURCE, 2004-2008
Revenue Source Amoun arc
Sales Tax $36,854,000 55.4%
Water & Sewer Fund $12,983,000 19.5%
Airport Fund $6,755,000 10. 1 %
Shop Fund $6,625,000 10.0%
Parks Development Fund $2,391 ,000 3.6%
Solid Waste Fund $854,000 1 .3%
Off-Street Parkin Fund $113,000 0.2%
Total $66,575,000 100.0%
Source: City of Fayetteville, Capital Improvements Program, 2004-
2008,
0042008. December 2003 (excludes bond proceeds).
The City's sales tax capital funding is spent on a wide variety of improvements. Foremost among these
are streets and traffic signals, other transportation improvements and parks, as shown in Table 3.
r
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