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HomeMy WebLinkAboutCouncil Presentation - Planning for Sustainable GrowthPlanning for Sustainable Growth Erik Montague and Jason Angell March 14, 2023 Time Lapse https://maranaegov.com/portal/apps/webappviewer/ind ex.html?id=f900135d9dad44398b24782a1da83737 2 Strategic Plan 5 3 Goal: Prioritize infrastructure and maintenance that support new growth and development in a proactive and sustainable manner Strategy:Evaluate current development practices to ensure that the Town develops in a sustainable manner Growth •Coordinating and integrating growth policy, land use decision making, and capital project planning ensures that infrastructure and services are expanded in a logical, fiscally responsible, and financially sustainable manner. •The Town can also use growth policy as an economic development tool by guiding and directing development to strategic areas identified by the Town. 4 Built Environment •Marana’s strategic development of the built environment paves the way for continued growth, in which neighborhoods, local businesses, gathering places, parks, and schools all coalesce to instill a high- quality sense of place. 5 Cost of Development •The provision of municipal services to serve residents is a core function of local government. Equitably assessing and balancing the costs associated with development supports a financially sustainable approach to infrastructure planning and construction, ensuring that growth and development is not subsidized over the long term by current residents and businesses within Marana. Financial sustainability also refers to the consideration of the complete cost of providing a public service, including both capital and operating costs associated with the facility or service. 6 Should future residents and business pay for current growth? 7 8 8 9 •Surplus = Where revenues exceed costs for ongoing services and infrastructure replacement •Deficit = Where costs for ongoing services and infrastructure replacement exceed Revenues •Sustainability is achieved when revenues meet or exceed Town-wide costs (surpluses meet or exceed deficits) 10 Town of Marana Development 1 Development 2 Development 3 Parent Company Subsidiary Companies Analysis -Gladden Farms Phase I (GF PH1) 11 •Project Basics •Anticipated Infrastructure •Operating Costs •Revenue Contributions •Public Infrastructure Replacement GF PH1 -Project Basics and Infrastructure Developed Acres 585 New SFR Units 1,746 New Multifamily Units - New Commercial/Industrial Square Feet 225,000 New Infrastructure Quantity Estimated Cost Per SFR cost Public Roads 29.2 miles $ 39,765,000 $ 22,775 Public Parks 26.0 acres $ 7,165,468 $ 4,104 Water Mains 23.1 miles $ 14,485,768 $ 8,297 Sewer Mains 18.1 miles $ 10,733,712 $ 6,148 12 13 GF PH1 –Anticipated Revenue Contributions State Shared Revenues Per SFR Other Revenues Per SFR VLT $ 151 Sales taxes $ 702 HURF 251 GFCFD PH1 taxes 63 TPT 386 Water service payments 648 URS 521 Sewer service payments 518 Total Shared Revenues $ 1,310 Total Other Revenues $ 1,937 Total Revenue $ 3,241 14 GF PH1 –Expected Operating Costs Core Service Costs Per SFR Infrastructure Maintenance Costs Per SFR General Government $ 323 Roads $ 156 Public Safety 296 Parks $ 194 Highways and Streets 129 Water $ 602 Health and Welfare 6 Sewer $ 461 Economic and Community Development 58 Total Maintenance $ 1,413 Culture and recreation 88 Total Core Services $ 900 Total Operating Costs $ 2,313 15 GF PH1 –Future Infrastructure Replacement Public Infrastructure Cost at Acceptance Estimated Replacement Per SFR (40Y AVG) Roads $ 39,765,000 $ 120,090,148 $ 1,720 Parks 7,165,468 -- Water 14,485,768 65,823,044 754 Sewer 10,733,712 55,864,251 640 Total $ 72,149,948 $ 241,777,443 $ 3,114 Unit Cost at YR1 $ 858 Unit Cost at YR40 $ 5,754 16 GF PH1 -Summary 17 Core Service Costs Per SFR YR1 Total Operating Revenues $ 3,241 Minus: Total Operating Costs 2,313 Revenue Surplus/(Deficit)928 Less: Infrastructure Replacement 858 Net Surplus/(Deficit)$ 70 •Replacement funding: •Roads –Contracting Taxes and HURF •Parks –General Fund •Water and Sewer –Rates •Revenue requirement •YR 1 –$858 •YR 40 –$5,754 •Infrastructure replacement fund? Discussion Areas 18