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Oakland's $4.2M in impact fees shrink; $34M five-year CIP dependent on Amendment 3, grants
Summary
Staff reported $4.2M in impact fees with $2.4M budgeted for projects and $1.7M in reserve; a five-year capital improvement program of about $34M is largely grant-dependent and contingent on the outcome of Amendment 3.
Town staff told commissioners the impact fee fund balance is about $4.2 million, with $2.4 million budgeted for immediate projects and approximately $1.7 million reserved for future needs. Gabby said the impact-fee total declined by about $900,000 over the prior year because multiple projects drew from that fund.
She reviewed changes to project budgets: the Northwest Loop water-plant design allocation increased by $150,000 (reducing a larger $500,000 planning line), parks pavilion amounts rose with inflation but were constrained by the town's agreement with a nature preserve, and hydrant upgrades and water-line work prompted an increase in fire-protection impact-fee allocations. Gabby emphasized the town has five-year capital improvements totaling about $34 million but described the CIP as contingent on Amendment 3 and the success of grant applications.
Mike Parker noted roughly $7.5 million in water grants are listed, including $4 million for alternative water construction and $3.5 million for septic-to-sewer work; Gabby said grant funds often cover construction but design costs typically come from town funds.
