DRAFT Discussion Materials
Merced Public Facilities Financing
Plan Update
Regional Fee Comparison
Prepared for:
City of Merced
Prepared by:
Economic & Planning Systems, Inc. (EPS)
June 18, 2021
EPS #182170
ATTACHMENT 4--Page 1
DRAFT
Figure 1
City of Merced
Public Facilities Financing Plan & Impact Fee Program Update Single-Family Residential: 5,500 Lot Sq. Ft.; 2,400 Unit Sq. Ft.; 4 Bedrooms Summary of Estimated Infrastructure Cost Burden and Feasibility per Uni t
sfr figure
Single-Family Residential
-
$10,000
$20,000
$30,000
$40,000
$50,000
$60,000
$70,000
$80,000
Merced
(Existing
PFFP)
Merced
(Max. Justified
PFFP)
Clovis Fresno Lodi Manteca Modesto Turlock -
Morgan
Ranch
Merced Co. Fresno County San Joaquin County Stanislaus County Total Estimated Fee Burden per Unit
Citywide/Countywide/Special District Impact Fees Plan Area Fees School Mitigation Prepared by EPS 6/18/2021 Z:\Shared\Projects\SAC\182000\182170 Merced PFFP and DIF Program Update\Models\Fee Comparisons\182170 SFR Fee Comp m01 1 ATTACHMENT 4--Page 2
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Table 1
City of Merced
Public Facilities Financing Plan & Impact Fee Program Update Single-Family Residential: 5,500 Lot Sq. Ft.; 2,400 Unit Sq. Ft.; 4 Bedroom s
Summary of Estimated Infrastructure Cost Burden and Feasibility per Unit Summary of Estimated Infrastructure Costs per Unit
Merced
(Existing
PFFP)
Merced
(Max. Justified
PFFP) Clovis Fresno Lodi Manteca Modesto
Turlock -
Morgan
Ranch
Detailed Analysis Table A-1 Table A- 2 Table A-3 Table A-4 Table A-5 Table A-6 Table A-7 Table A-8 Total Citywide/Countywide/Special District Impact Fees $29,552 $38,438 $48,183 $18,687 $39,303 $57,255 $34,935 $38,264 Plan Area Fees - - - - - - - $18,255
Total School Mitigation $9,792 $9,792 $11,856 $9,792 $8,352 $10,680 $7,128 $10,536 Estimated Bond Debt of Special Taxes and Assessments
(Infrastructure/Facilities) - - - - - - - -
Total Infrastructure Cost per Unit $39,344 $48,230 $60,039 $28,479 $47,655 $67,935 $42,063 $67,055 Estimated Sales Price [1] $390,000 $390,000 $440,000 $380,000 $490,000 $500,000 $430,000 $430,000 Total Infrastructure Cost as a % of Est. Sales Pric
e 10.1% 12.4% 13.6% 7.5% 9.7% 13.6% 9.8% 15.6%
sfr summ
[1] Estimated Sales Prices are based on logarithmic regressions using sales price data sources from The Gregory Group. Sample lot sizes range between 4,000 to 7,000 square feet.
Single-Family Residential
Fiscal Year 2020-2021
Fresno County San Joaquin County Stanislaus CountyMerced Co.
Prepared by EPS 6/18/2021 Z:\Shared\Projects\SAC\182000\182170 Merced PFFP and DIF Program Update\Models\Fee Comparisons\182170 SFR Fee Comp m01 6 ATTACHMENT 4--Page 3
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Figure 2
City of Merced
Public Facilities Financing Plan & Impact Fee Program Update Multi-Family Residential: 1,000 Unit Sq. Ft.; 2 Bedrooms Summary of Estimated Infrastructure Cost Burden per Uni t
mfr figure
Multifamily Residential
-
$5,000
$10,000
$15,000
$20,000
$25,000
$30,000
$35,000
$40,000
Merced
(Existing
PFFP)
Merced
(Max. Justified
PFFP)
Clovis Fresno Lodi Manteca Modesto Turlock
Merced Co. Fresno County San Joaquin County Stanislaus County Total Estimated Fee Burden per Unit
Citywide/Countywide/Special District Impact Fees School Mitigation Prepared by EPS 6/18/2021 Z:\Shared\Projects\SAC\182000\182170 Merced PFFP and DIF Program Update\Models\Fee Comparisons\182170 MFR Fee Comp m01 2 ATTACHMENT 4--Page 4
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Table 2
City of Merced
Public Facilities Financing Plan & Impact Fee Program Update Multi-Family Residential: 1,000 Unit Sq. Ft.; 2 Bedrooms Summary of Estimated Infrastructure Cost Burden per Unit Summary of Estimated Infrastructure Costs per Unit
Merced
(Existing
PFFP)
Merced
(Max. Justified
PFFP) Clovis Fresno Lodi Manteca Modesto Turlock
Detailed Analysis Table B-1 Table B-
2 Table B-3 Table B-4 Table B-5 Table B-6 Table B-7 Table B-8 Total Citywide/Countywide/Special District Impact Fees $14,906 $21,413 $30,093 $10,724 $13,563 $33,249 $19,694 $31,768 Plan Area Fees - - - - - - - -
Total School Mitigation $4,080 $4,080 $4,940 $4,080 $3,480 $4,450 $2,970 $4,390 Estimated Bond Debt of Special Taxes and Assessments
(Infrastructure/Facilities) - - - - - - -
Total Infrastructure Cost per Unit $18,986 $25,493 $35,033 $14,804 $17,043 $37,699 $22,664 $36,158 mfr summ
Multifamily Residential
Fiscal Year 2020-2021
Merced Co. Fresno County San Joaquin County Stanislaus County Prepared by EPS 6/18/2021 Z:\Shared\Projects\SAC\182000\182170 Merced PFFP and DIF Program Update\Models\Fee Comparisons\182170 MFR Fee Comp m01 7 ATTACHMENT 4--Page 5
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Figure 3
City of Merced
Public Facilities Financing Plan & Impact Fee Program Update Retail: 30,000 Building Sq. Ft.; 0.35 FAR
Summary of Estimated Infrastructure Cost Burden
retail figure
Retail
-
$5.00
$10.00
$15.00
$20.00
$25.00
$30.00
Merced
(Existing
PFFP)
Merced
(Max. Justified
PFFP)
Clovis Fresno Lodi Manteca Modesto Turlock -
Northwest
Triangle
Merced Co. Fresno County San Joaquin County Stanislaus County Total Estimated Fee Burden per Bldg. Sq. Ft.
Citywide/Countywide/Special District Impact Fees Plan Area Fees Prepared by EPS 6/18/2021 Z:\Shared\Projects\SAC\182000\182170 Merced PFFP and DIF Program Update\Models\Fee Comparisons\182170 Retail Fee Comp m01 3 ATTACHMENT 4--Page 6
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Table 3
City of Merced
Public Facilities Financing Plan & Impact Fee Program Update Retail: 30,000 Building Sq. Ft.; 0.35 FA
R
Summary of Estimated Infrastructure Cost Burden
Summary of Estimated Infrastructure Costs
Merced
(Existing
PFFP)
Merced
(Max. Justified
PFFP) Clovis Fresno Lodi Manteca Modesto
Turlock -
Northwest
Triangle
Detailed Analysis Table C-1 Table C-2 Table C-3 Table C-4 Table C-5 Table C-6 Table C-7 Table C-8 Total Infrastructure Cost Burden per Building
Total Citywide/Countywide/Special District Impact Fees $564,297 $707,634 $793,271 $278,043 $330,061 $626,707 $501,396 $764,045 Plan Area Fees - - - - - - - $6,556
Estimated Bond Debt of Special Taxes and Assessments - - - - - - - - Total Infrastructure Cost Burden per Building $564,297 $707,634 $793,271 $278,043 $330,061 $626,707 $501,396 $770,601 Total Infrastructure Cost Burden per Bldg. Sq. Ft.
Total Citywide/Countywide/Special District Impact Fees $18.81 $23.59 $26.44 $9.27 $11.00 $20.89 $16.71 $25.47 Plan Area Fees - - - - - - - $0.22
Estimated Bond Debt of Special Taxes and Assessments - - - - - - - - Total Infrastructure Cost Burden per Bldg. Sq. Ft. $18.81 $23.59 $26.44 $9.27 $11.00 $20.89 $16.71 $25.69 retail summ
Retail
Fiscal Year 2020-2021
Merced Co. Fresno County San Joaquin County Stanislaus County Prepared by EPS 6/18/2021 Z:\Shared\Projects\SAC\182000\182170 Merced PFFP and DIF Program Update\Models\Fee Comparisons\182170 Retail Fee Comp m01 8 ATTACHMENT 4--Page 7
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Figure 4
City of Merced
Public Facilities Financing Plan & Impact Fee Program Update Office: 100,000 Building Sq. Ft.; 0.33 FAR
Summary of Estimated Infrastructure Cost Burden
office figure
Office
-
$5.00
$10.00
$15.00
$20.00
$25.00
Merced
(Existing
PFFP)
Merced
(Max. Justified
PFFP)
Clovis Fresno Lodi Manteca Modesto Turlock -
Westside
Industrial
Merced Co. Fresno County San Joaquin County Stanislaus County Total Estimated Fee Burden per Bldg. Sq. Ft.
Citywide/Countywide/Special District Impact Fees Plan Area Fees Prepared by EPS 6/18/2021 Z:\Shared\Projects\SAC\182000\182170 Merced PFFP and DIF Program Update\Models\Fee Comparisons\182170 Office Fee Comp m01 4 ATTACHMENT 4--Page 8
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Table 4
City of Merced
Public Facilities Financing Plan & Impact Fee Program Update Office: 100,000 Building Sq. Ft.; 0.33 FA
R
Summary of Estimated Infrastructure Cost Burden
Summary of Estimated Infrastructure Costs
Merced
(Existing
PFFP)
Merced
(Max. Justified
PFFP) Clovis Fresno Lodi Manteca Modesto
Turlock -
Westside
Industrial
Detailed Analysis Table D-1 Table D- 2 Table D-3 Table D-4 Table D- 5 Table D-6 Table D-7 Table D-8 Total Infrastructure Cost Burden per Building
Total Citywide/Countywide/Special District Impact Fees $1,296,126 $2,048,436 $1,870,050 $1,043,800 $1,152,068 $1,769,886 $1,502,646 $1,858,609 Plan Area Fees - - - - - - - $25,116
Estimated Bond Debt of Special Taxes and Assessments - - - - - - - - Total Infrastructure Cost Burden per Building $1,296,126 $2,048,436 $1,870,050 $1,043,800 $1,152,068 $1,769,886 $1,502,646 $1,883,725 Total Infrastructure Cost Burden per Building Sq. Ft.
Total Citywide/Countywide/Special District Impact Fees $12.96 $20.48 $18.70 $10.44 $11.52 $17.70 $15.03 $18.59 Plan Area Fees - - - - - - - $0.25
Estimated Bond Debt of Special Taxes and Assessments - - - - - - - - Total Infrastructure Cost Burden per Building Sq. Ft. $12.96 $20.48 $18.70 $10.44 $11.52 $17.70 $15.03 $18.84 office summ
Office
Fiscal Year 2020-2021
Merced Co. Fresno County San Joaquin County Stanislaus County Prepared by EPS 6/18/2021 Z:\Shared\Projects\SAC\182000\182170 Merced PFFP and DIF Program Update\Models\Fee Comparisons\182170 Office Fee Comp m01 9 ATTACHMENT 4--Page 9
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Figure 5
City of Merced
Public Facilities Financing Plan & Impact Fee Program Update Industrial: 305,000 Building Sq. Ft.; 0.35 FAR
Summary of Estimated Infrastructure Cost Burden
industrial figure
Industrial
-
$2.00
$4.00
$6.00
$8.00
$10.00
$12.00
$14.00
Merced
(Existing
PFFP)
Merced
(Max. Justified
PFFP)
Clovis Fresno Lodi Manteca Modesto Turlock -
Westside
Industrial
Merced Co. Fresno County San Joaquin County Stanislaus County Total Estimated Fee Burden per Bldg. Sq. Ft.
Citywide/Countywide/Special District Impact Fees Plan Area Fees Prepared by EPS 6/18/2021 Z:\Shared\Projects\SAC\182000\182170 Merced PFFP and DIF Program Update\Models\Fee Comparisons\182170 Industrial Fee Comp m01 5 ATTACHMENT 4--Page 10
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Table 5
City of Merced
Public Facilities Financing Plan & Impact Fee Program Update Industrial: 305,000 Building Sq. Ft.; 0.35 FAR
Summary of Estimated Infrastructure Cost Burden
Summary of Estimated Infrastructure Costs
Merced
(Existing
PFFP)
Merced
(Max.
Justified
PFFP) Clovis Fresno Lodi Manteca Modesto
Turlock -
Westside
Industrial
Detailed Analysi
s Table E-1 Table E- 2 Table E-3 Table E-4 Table E- 5 Table E-6 Table E-7 Table E-8 Total Infrastructure Cost Burden per Building
Total Citywide/Countywide/Special District Impact Fees $2,231,667 $3,516,418 $2,504,080 $1,214,249 $2,274,154 $3,611,753 $2,152,760 $2,186,681 Plan Area Fees - - - - - - - $234,611
Estimated Bond Debt of Special Taxes and Assessments - - - - - - - - Total Infrastructure Cost Burden per Building $2,231,667 $3,516,418 $2,504,080 $1,214,249 $2,274,154 $3,611,753 $2,152,760 $2,421,292 Total Infrastructure Cost Burden per Building Sq. Ft.
Total Citywide/Countywide/Special District Impact Fees $7.32 $11.53 $8.21 $3.98 $7.46 $11.84 $7.06 $7.17 Plan Area Fees - - - - - - - $0.77
Estimated Bond Debt of Special Taxes and Assessments - - - - - - - - Total Infrastructure Cost Burden per Building Sq. Ft. $7.32 $11.53 $8.21 $3.98 $7.46 $11.84 $7.06 $7.94 industrial summ
Merced Co. Fresno County San Joaquin County Stanislaus County Prepared by EPS 6/18/2021 Z:\Shared\Projects\SAC\182000\182170 Merced PFFP and DIF Program Update\Models\Fee Comparisons\182170 Industrial Fee Comp m01 10 Industrial
Fiscal Year 2020-2021
ATTACHMENT 4--Page 11