Title
Consider a presentation regarding, and action approving the Capital Improvement Plan Progress Semi-Annual Report from the Capital Improvements Advisory Committee.
Body
The Local Government Code Section 395.058 requires the Capital Improvements Advisory Committee to report to the political subdivision (City Council) the progress of the capital improvements plan and any perceived inequities in implementing the plan or imposing the impact fee. The local government code also requires the Advisory Committee to advise the City Council of the need to update the land use assumptions, capital improvements plan, and impact fees. These items were last updated in April 2012 and went into effect in August 2012.
The Committee met on May 6, 2015 to review the Semi-annual Capital Improvements Plan Progress Report. Although the projected population growth in Round Rock is proceeding at a slightly slower rate than was anticipated in the impact fee report, resulting in less water and wastewater impact fees collected, this has not caused a significant concern since the City has delayed some of their Capital Improvement Projects.
As a result, the City recommends the impact fees be reviewed every three years so that the fees are set according to the growth patterns and needs of the water and wastewater utility system. According to this schedule, the City has commenced with their Water and Wastewater Master Plan Updates. The impact fees will then be updated following completion of the Master Plans. The estimated schedule for completing the Impact Fee Update would be Fall of 2015. The next Capital Improvements Plan Program Report will include the results of the new Impact Fee analysis and will be presented to the CIAC and City Council in approximately six months.
Recommended Action
Staff recommends approval.