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Item # 1.
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| Town Council Regular Session |
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| Information |
| SUBJECT: |
| PUBLIC HEARING: DEVELOPMENT IMPACT FEES BIENNIAL AUDIT FOR THE PERIOD OF JULY 1, 2014, THROUGH JUNE 30, 2016 |
| RECOMMENDATION: |
| Staff recommends acceptance of the biennial development impact fee audit. |
| EXECUTIVE SUMMARY: |
| In accordance with Arizona Revised Statute (A.R.S) section 9-463.05, the Town conducted development impact fee studies for its utility and non-utility impact fees and adopted revised fees effective July 1, 2014. Per state law, an audit must be conducted biennially (every two years) and be presented before Town Council as a public hearing. According to the law, the audit shall review the collection and expenditures of development impact fees for each project in the infrastructure improvements plan within the studies, and evaluate any inequities in implementing the plan or imposing the impact fees. The municipality shall post the findings of the audit on the municipality's website and shall conduct a public hearing on the audit within 60 days of releasing the audit to the public. A copy of the Town's audit is attached to this communication and was posted to the Town's website on January 30, 2017. |
| BACKGROUND OR DETAILED INFORMATION: |
The impact fee audit was conducted by the Town's independent audit firm, Heinfeld, Meech & Co., P.C. for the period of July 1, 2014, through June 30, 2016. The procedures identified in the audit were agreed upon by the auditor and the management of the Town of Oro Valley. The procedures performed meet the requirements and legislative intent of the statute. The procedures consisted of the following:
- Comparing growth projections in the Infrastructure Improvement Plan (IIP) to actual results in the areas of population, employment, number of housing units and utility service units
- Selecting a sample of building permits and determining whether fees were charged in accordance with authorized fee schedules and that each permit holder was charged the same rate as another equivalent permit holder
- Selecting a sample of expenditures to determine that the expenditure was associated with an approved project in the Town's IIP
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| FISCAL IMPACT: |
| N/A |
| SUGGESTED MOTION: |
| I MOVE to accept the biennial development impact fee audit for the period of July 1, 2014, through June 30, 2016. |
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