Consultants present draft impact-fee study; single-family example fee rises under updated methodology
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Summary
Consultants from Benesh presented a draft impact-fee study updating transportation and parks fees and proposing a new government-buildings fee. A sample single-family fee in the presentation was shown near $12,200 (transportation the largest component); staff plans to present an ordinance in April for July 1 implementation.
The town's consultant presented a draft update to Thompson's Station's impact-fee study, proposing changes to transportation and parks charges and a new fee category for government buildings.
Megan Kemp of Benesh summarized the consumption-based methodology that underlies the fees and walked the board through example calculations. In the consultant's sample, a single-family home's total calculated fee was shown at about $12,200, with roughly 70% attributable to transportation and the next-largest share to parks and recreation. Staff said they plan to bring an ordinance and the study to the April BOMA meeting with a proposed July 1 effective date.
Kemp clarified that impact fees are one-time capital charges paid by new development to fund growth-related infrastructure; they cannot be used for operations or maintenance. The study factors in credits for other funding sources and updates trip-generation and construction-cost assumptions.
Board members asked for full copies and additional time to run numbers; staff said finalized packets would be circulated and emphasized that any application submitted after the ordinance's effective date would be subject to the new fees.
