2022 Impact Fee Annual Report Summary
2022 Impact Fee
Annual Report
Required by RCW 82.02.070
2022 Traffic Impact Fee Summary
2022 Impact Fee Eligible Project Expenditures
•
Iss/Pine Lake Rd: Klahanie Blvd-SE 32nd
$
118,662
Total Eligible 2022 Expenditures
$ 118,662
Impact Fee Balance
Prior Year-end Balance
$ 7,838,269
Impact Fees applied to 2022 projects
(118,662)
Remaining Prior Year Impact Fees
$ 7,719,607
•
Plus:
•
2022 Impact Fees
$ 700,271
•
2022 Interest
141,002
12/31/2022 Impact Fee Balance
$ 8,560,880
2022 Traffic Impact Fee Summary
10-year Spending Requirement
Amount (incl. interest)
Year Collected
Spend By
$ 2,189,738
2017
2027
2,841,952
2018
2028
1,022,000
2019
2029
1,364,956
2020
2030
431,747
2021
2031
710,487
2022
2032
Total
$ 8,560,880
2022 Park Impact Fee Summary
2022 Impact Fee Eligible Project Expenditures
•
Beaton/Big Rock Master Plan
$
195,467
•
Inglewood Artificial Turf
176,618
•
Pickleball Courts
145,189
•
Small Projects
65,997
Total Eligible 2022 Expenditures
$ 583,271
Impact Fee Balance
Prior Year-end Balance
$ 520,141
Impact Fees applied to 2022 projects
(520,141)
Remaining Prior Year Impact Fees
$ -0-
•
Plus:
•
2022 Impact Fees
$ 357,167
•
2022 Interest
13,886
2022 Impact Fees applied
(63,130)
12/31/2022 Impact Fee Balance
$ 307,923
2022 Parks Impact Fee Summary
10-year Spending Requirement
Amount (incl. interest)
Year Collected
Spend By
$ 307,923
2022
2032
This summary provides insights into the 2022 impact fee annual report as required by RCW 82.02.070. It includes details on traffic impact fee expenditures, spending requirements, and park impact fee summaries, aiming to track and manage allocation for eligible projects effectively.
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Presentation Transcript
2022 Impact Fee Annual Report Required by RCW 82.02.070
2022 Traffic Impact Fee Summary 2022 Impact Fee Eligible Project Expenditures Iss/Pine Lake Rd: Klahanie Blvd-SE 32nd $ Total Eligible 2022 Expenditures Impact Fee Balance 118,662 $ 118,662 Prior Year-end Balance Impact Fees applied to 2022 projects $ 7,838,269 (118,662) Remaining Prior Year Impact Fees Plus: 2022 Impact Fees 2022 Interest 12/31/2022 Impact Fee Balance $ 7,719,607 $ 700,271 141,002 $ 8,560,880
2022 Traffic Impact Fee Summary 10-year Spending Requirement Amount (incl. interest) Year Collected $ 2,189,738 2,841,952 1,022,000 1,364,956 431,747 710,487 Total $ 8,560,880 Spend By 2027 2028 2029 2030 2031 2032 2017 2018 2019 2020 2021 2022
2022 Park Impact Fee Summary 2022 Impact Fee Eligible Project Expenditures Beaton/Big Rock Master Plan Inglewood Artificial Turf Pickleball Courts Small Projects Total Eligible 2022 Expenditures $ 195,467 176,618 145,189 65,997 $ 583,271 Impact Fee Balance Prior Year-end Balance Impact Fees applied to 2022 projects Remaining Prior Year Impact Fees Plus: 2022 Impact Fees 2022 Interest 2022 Impact Fees applied 12/31/2022 Impact Fee Balance $ 520,141 (520,141) $ -0- $ 357,167 13,886 (63,130) $ 307,923
2022 Parks Impact Fee Summary 10-year Spending Requirement Amount (incl. interest) $ 307,923 Year Collected 2022 Spend By 2032
