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CouncilHearing(9-12-16)Parks SDC Update Council Hearing September 12, 2016 1 Parks SDC History Current methodology adopted in 1999 SDC for single family residential dwelling = $762 Ordinance included provision for annual inflation adjustments Current SDC = $1,752 (per single family dwelling) New parks plan completed in 2009 Identified about $27 million in capital improvements (10-year period) 2 2 3 SDC Components 3 Overview of Methodology 4 4 5 Improvement Fee Cost Basis Summary (thru 2025) 5 6 Reimbursement Fee Cost Basis Summary Costs net of grants and other non-City funding 6 Residential vs. Nonresidential Share 7 7 SDC Schedule Comparison 8 8 9 Community Comparison* *2013 League of Oregon Cities Survey 9 Further Discussion and Questions 10 10