FIAM USER GUIDE COVER II - Fiscal Impact Analysis Model - OKI

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Fiscal Impact Analysis Model User Guide Table 1: OKI Fiscal Impact Analysis Model Land Use Categories Land Use Code Title Explanation Ag Agricultural This category includes working and non-working farmland, with and without residences. Residential uses associated with Agricultural properties are included in the Estate Residential category. Res1 Estate Residential This category includes single family detached residential units (including mobile and manufactured homes) each on a parcel over 1 acre. Res2 Single-Family Residential This category includes single family detached residential units (excluding mobile home parks), each on a parcel of less than 1 acre. Res3 Multi-Family Residential This category includes attached single family residential units (apartments and condominiums) and mobile home parks. Retail C1 Neighborhood Shopping Center This category includes small structures, or groupings of small structures designed for retail use, typically around 50,000 square feet in size on three to ten acres. Includes recreational facilities of similar size. Customers come and go irregularly throughout the day. Include uses such as drug stores, clothing stores, merchandising, beauty shops, laundry-mats, and other personal services and specialty retail venues. Retail C2 Retail C4 Retail C5 Retail C6 Community Shopping Center Sit Down Restaurants Hotels & motels High Traffic Retail This category includes discount stores and community shopping centers including big box stores, car dealers and other regional-scale shopping venues. Buildings or groupings of buildings are generally around 150,000 square feet on ten to thirty acres. Customers come and go irregularly throughout the day. Include uses such as automotive sales and rental, furniture stores, home centers, department stores, recreation and entertainment. This category includes commercial establishments that provide prepared food or food-and drink-related entertainment for consumption on site. Buildings are generally freestanding. This category excludes drive-in or drive-through businesses. Peak hours for customers are generally meal times. This category includes hotels and motels providing temporary lodging for Customers. This category includes all related facilities on site (meeting rooms, restaurants, etc). Customers come and go on an irregular basis. This category includes establishments that derive a large portion of business from drive-in or drive-through customers, such as convenience stores, gas stations and fast food restaurants. Customers come and go at all hours of the day. Office C1 Office General office uses and funeral homes. Office C2 Ind1 Ind2 Ed Gov Rel Park Consumer oriented office Light Industry Manufacturing Education and Government Religious Parks, cemeteries, utilities, parking structures and vacant land Offices with large volume of short visits (i.e. medical offices, banks and saving institutions) This category includes establishments engaged in wholesaling, warehousing and storage, waste collection and other light industry with high traffic volumes but few employees. This category includes establishments engaged in large scale manufacturing and assembly resulting in significant truck traffic, heavy equipment use and high numbers of employees. This category includes nonprofit facilities that provide public services to the local resident population. Facilities are generally intensively used during the business day and have lower levels of activity, including persons and vehicles on site, during non-business hours. This category includes nonprofit facilities used primarily for religious activities, including worship, meetings and supplemental (not full time) religious education. Facilities experience relatively little use during most of the week, with the exception of specific times of increased activity (such as Friday evening or Sunday morning). This category includes all land uses that generate relatively little cost and revenue. Parking structures within this category should have parking as a primary function, not a secondary use within a larger structure or development. Utility-related land uses should only be placed in this category when they do not regularly house workers, such as electrical substations or wells fields. (If human or vehicle activity occurs on a regular basis, the site should be classified as Office, Industrial or another appropriate category.) 12
Fiscal Impact Analysis Model User Guide Capital Expenditures Capital expenditures are outlays made by a local government to purchase assets that have a long usable life. Because capital expenditures can vary greatly from year to year, because they are generally larger in magnitude, and because new capital investment is typically triggered by the cumulative impacts of growth rather than by a single land use change, it is difficult to estimate the impact that one development may have on capital expenditures using the same methods that are used to estimate operating expenditures. Accordingly, the Capital Cost Module of the Model is provided as a separate Excel workbook and does not have a web-based counterpart. Typical capital expenses include vehicles, buildings, furnishings and real estate. Although some jurisdictions identify items such as computers and handheld tools as capital expenditures, for reasons of efficiency and usefulness, the Capital Cost Module of the Model focuses on items that are at least partially financed by debt. As opposed to operational expenditures, which are typically funded and expended within a single year, capital expenditures within the Model are generally spread over multiple years, with a capital outlay occurring in the first year and principal and interest payments accruing over the course of some number of subsequent years, based on the terms of the financing. For this reason, the Capital Cost Module of the Model assumes that the impact of a capital cost expenditure on principal and interest payments will be one of the most critical impacts of a capital expenditure. For more information on the Capital Cost Module, see Section 4 of this User Guide. Updating Data The Model is designed to allow data to be updated efficiently. In order to maintain the integrity of the data, the OKI Administrator will provide data updates for users of the Model. This section briefly outlines the process and general timelines for updating data for current users. Locally-provided data on land use and budgeting should be updated annually. Such data may include the most recent audited financial reports, GIS data including land use information, and property valuation administrator (PVA), Assessor or Auditor’s data. OKI staff will evaluate new data and make necessary changes to the jurisdiction’s local data set. Tax rates and tax liability criteria should be updated whenever new rates or liabilities are created. Updated information on caps on taxes due, rollbacks and other factors that apply to broad categories of workers, residents, businesses or properties should be October 2009 13
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FIAM USER GUIDE COVER II - Fiscal Impact Analysis Model - OKI

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