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Planning staff reports COVID‑era slowdown in impact‑fee revenue; Central SoMa expected to grow
Summary
Planning Department staff told the commission the interagency implementation committee collected roughly "around a third of a billion dollars" in fees to date and flagged a COVID-driven slowdown that delays many projects, while Central SoMa is expected to generate new revenue streams.
Planning Department implementation-team manager Matt Snyder presented the Interagency Plan Implementation Committee (EPIC/IPIC) annual report, outlining revenue trends, project updates across plan areas and near-term priorities.
Snyder said impact‑fee revenue has slowed because projects in the pipeline did not submit construction documents on schedule during the pandemic. "We think we will have collected around, a third of a billion dollars" through the end of the fiscal year, he said. He described a pivot to integrate Central SoMa and hub projects into EPIC’s work and a forthcoming nexus study and fee legislation expected in the spring.
Commissioners pressed staff on social and racial equity in project prioritization, fee‑deferral scenarios and projection assumptions. Snyder said fee deferral was discussed in the city’s recovery report and that if a deferral program were enacted it would likely delay receipt of much expected revenue by two to three years. He also described how EPIC coordinates with partner agencies (Rec and Park, Public Works, MTA, OEWD) and CACs to program projects as revenues arrive.
Snyder noted differences across plan areas: Balboa Park produced little impact‑fee revenue this year; Eastern Neighborhoods saw a negative projection reflecting previously-authorized projects that have not paid yet; Central SoMa and certain hub projects are expected to produce stronger revenue over the next five years. He said EPIC will overlay equity considerations as part of future prioritization and will report back as the nexus study and fee legislation proceed.
