PIERCE COUNTY IMPACT FEE WORKING GROUP. PCParks Funding 101

Transcription

1 PIERCE COUNTY IMPACT FEE WORKING GROUP PCParks Funding 101 1

2 Our Current Park System Acres 2015 Parks & Open Space Lands Managed by Selected Agencies in Pierce County Provider Total (acres) Pierce County Parks and Recreation 5,039 Pierce County Public Works - SWM 3,711 WA State Department of Fish and Wildlife 3,109 Metro Parks Tacoma 2,960 WA State Parks 2,035 KeyPen Parks 1,232 Pierce County Facilities Management (Forest Lands) 1,153 PenMet Parks 695 3/10/2016 2

3 Our Current Park System - Conditions Most Facilities Built 1960s, 70s & 80s (exceptions: Heritage Recreation Center, Chambers Creek Regional Park, portions of Foothills Trail) Deferred Maintenance and Preservation Needs Americans with Disability Act Accessibility Upgrades 3/10/2016 3

4 Our Current Park System - Conditions 3/10/2016 4

5 Current Funding 3/10/2016 5

6 Current Funding Fund Structure Parks Funding Structure General Fund Conservation Futures Special Revenue Fund Parks Impact Fees Special Revenue Fund Parks Sales Tax Special Revenue Fund Parks Second REET Special Revenue Fund Paths and Trails Special Revenue Fund Parks Construction Fund Paths and Trail Construction Fund Conservation Futures Construction Fund Chambers Creek Regional Park Enterprise Fund Lake Spanaway and Fort Steilacoom Enterprise Fund 3/10/2016 6

7 Special Revenue Accounts S P E C I A L R E V E N U E A C C O U N T S C A N B E U S E D T O C A N B E U S E D F O R Impact Fees Expand System Capacity New Capacity Projects Debt Service Administration Parks Sales Tax 2 nd REET Motor Vehicle Fuel Tax Maintain Park System Expand System Capacity New Capacity Projects Operations & Maintenance (Except REET) Deferred Maintenance Preservation (Capital Replacement) Debt Service Administration 3/10/2016 7

8 Special Revenue Accounts (SRA) SRA Parks Sales Tax 2 nd REET Motor VehicleFuel Tax Impact Fees COUNTY PARK SYSTEM For Current Residents Admin/O&M Debt Service Deferred Maintenance (DM) Capital Replacement (CR) EXPAND PARK SYSTEM Increase Level of Service for Current Residents; Maintain/Increase Level of Service for New Growth 3/10/2016 8

9 Special Revenue Accounts - Level of Service (LOS) Existing LOS = Planned CURRENT PARK SYSTEM For Current Residents NEW CAPACITY For Growth Planned LOS Existing LOS NEW CAPACITY For Current Residents CURRENT PARK SYSTEM For Current Residents NEW CAPACITY For Growth NEW CAPACITY For Growth FUNDING SRA FUNDING Impact Fee SRA FUNDING SRA FUNDING Impact Fee SRA 3/10/2016 9

10 Parks Capital Budget Trends $6,000,000 $5,000,000 About a 25% Reduction in Revenues Available for Capital Projects $4,000,000 $3,000,000 $2,000,000 Parks Sales Tax Parks Second REET Parks Impact Fees Total Capital Funds $1,000,000 $- 3/10/2016 4/6/

11 Decline in Parks Share of General Fund 4.00% Parks Budget as a Percentage of General Fund Budget 3.50% 3.00% 2.50% 2.00% 1.50% 1.00% 0.50% 0.00% /10/

12 Population Served per Parks FTE County Population per FTE Total Parks FTEs Countywide Population Metro Parks Tacoma ,000 Kitsap County 7, ,900 Whatcom County 9, ,600 King County 10, ,017,250 Snohomish County 11, ,000 Pierce County 11, ,300 Clark County 14, ,800 Spokane County 16, ,500 3/10/

13 Impact of Decline in Parks General Fund Parks Department FTEs by Selected Revenue Sources 3/10/

14 Estimated Future Capital Revenues Total Parks Subtotal Subtotal Total Subtotal Total Subtotal with 2013 Total To Fund Balances Fu Estimated Revenues Impact 3,356,988 Fees 6,864,962 10,221,950 3,356,988 10,268,185 6,864,962 10,221,950 1 Park 15,645,527 Sales Tax 35,285,931 50,931,457 15,645,527 50,982,442 35,285,931 50,931,457 5 REET 6,492, ,970,816 24,463,551 6,492,734 24,493,439 17,970,816 24,463,551 2 Motor 1,895,957 Vehicle Fuel 3,761,062 Tax 5,657,018 1,895,957 5,657,018 3,761,062 5,657,018 Grants 2,561,896 5,264,426 7,826,322 2,561,896 7,826,322 5,264,426 7,826,322 Total 29,953,102 69,147,197 99,100,299 29,953,102 99,227,407 69,147,197 99,100,299 9 Committed Funds Administration 4,382,593 10,221,243 14,603,836 4,382,593 14,603,836 10,221,243 14,603,836 1 on Maintenance 8,491,274 & Operation 19,803,659 28,294,933 8,491,274 28,294,933 19,803,659 28,294,933 2 Debt 9,435,232 Service 7,166,294 16,601,526 9,435,232 16,601,526 7,166,294 16,601,526 1 Total 22,309,099 37,191,196 59,500,295 22,309,099 59,500,295 37,191,196 59,500,295 5 Available 7,644,003 Revenues31,956,001 39,600,003 7,644,003 39,727,111 31,956,001 39,600, /10/

15 15-Year Estimate -Special Revenue Accounts Special Revenue Accounts $90M for Parks Sales Tax 2 nd REET Motor Vehicle Fuel Tax $9M for Impact Fees COUNTY PARK SYSTEM For Current County Residents $59M Operation & Maintenance, Debt Service, Administration $31M Deferred Maintenance, Preservation EXPAND PARK SYSTEM $6M Complete Foothills Trail $3M Other Projects 3/10/

16 Current Funding 2015 Revenue Sources $475,030 $1,375, Revenue Sources (Excluding Golf Course Funds and Use of Fund Balance) $347,800 General Fund Conservaton Futures $7,009,290 Parks Sales Tax $3,104,220 Parks Second REET Parks Impact Fees $4,235,800 Motor Vehicle Fuel Tax Total Revenue Sources - $16,547,140 3/10/2016 4/15/

17 Current Funding 2015 Fund Uses GENERAL FUND Operation & Maintenance ($7 mil) Spanaway, Gonyea, Frontier, Dawson, Sprinker, Lakewood, Riverside, Recreation, PMP CONSERVATION FUTURES Land Acquisition & Maintenance ($4.2 mil) Meridian Habitat Park ($ 0.5 mil) Debt Service on 2006 Conservation Futures Bond until 2026 ($1.6 mil) PARKS IMPACT FEE Capital Projects ($0.5 mil) PARKS SALES TAX Operation, Maintenance & Capital Projects ($3.1 mil) Ashford, Carbon River, South Hill, Heritage, Hopp Farm, Buckley Woodlands, Bonney Lake Plateau, Gig Harbor/Key Peninsula, and Cross Park ($1.4 mil) Debt Service on Heritage Recreation Center until 2026 ($0.8 mil) PARKS SECOND REET Capital Projects ($1.4 mil) Debt Service on Sprinker Ice Rink Loan until 2022 ($0.6 mil) PATHS & TRAILS Operation, Maintenance & Capital Projects ($0.3 mil) 3% of County s share of the Motor Vehicle Fuel Tax funds Foothills Trail 3/10/

18 Questions 3/10/