File #: 24-7430    Version: 1 Name: July 2024 Semiannual CIAC Report
Type: Agenda Item Status: Passed
File created: 10/20/2024 In control: City Council
On agenda: 11/4/2024 Final action: 11/4/2024
Title: Receive the July 2024 Semiannual Report for impact fees from the Capital Improvements Advisory Committee in accordance with Section 395.058(c)(4) of the Texas Local Government Code.
Attachments: 1. July 2024 CIAC report, 2. CIAC Minutes

Title

Receive the July 2024 Semiannual Report for impact fees from the Capital Improvements Advisory Committee in accordance with Section 395.058(c)(4) of the Texas Local Government Code.

 

Body

In accordance with Chapter 395 of the Texas Local Government Code, the Capital Improvements Advisory Committee (CIAC) is forwarding the July 2024 Semiannual Report to the City Council for receipt.  The CIAC is the committee that advises the City Council regarding roadway, water, and wastewater impact fees.

 

The July 2024 Semiannual Report covers the roadway, water, and wastewater impact fee program for the first six months of the calendar year.  The first half of 2024 has seen a significant increase in impact fee collections compared to 2023.  The City has already collected more in the first half of 2024 than all of 2023 for roadway and wastewater impact fees.  The increase in the collection amount is attributed to increased permit activity for new single-family homes and the increased fee rate for water and wastewater adopted in 2022.

 

Attachment(s)

July 2024 CIAC report

CIAC Minutes

 

Drafter

Garrett Langford

 

Head of Department

Garrett Langford