Alachua CountyMobility Plan
Southwest Alachua CountyTransportation Improvement District
Jonathan B. Paul, AICP, MA2
Jeffrey L. HaysChris Dawson, AICP
Fiscal Impact Analysis
• Tax Increment Finance Plan
• Use % of increase in new general tax revenue for mobility
• Anchored by Transit Oriented Development
• Consistent with Capital Improvements Element
• Allows County or Developer to front-end infrastructure
• Mechanism to fund rapid transit service
TRANSPORTATION IMPROVEMENT DISTRICT
• Not a new tax or fee
• Not a Community Redevelopment Area
• Not a developer giveaway
• Not a property tax break
• Not permanent commitment
WHAT IT IS NOT
Investment in Transportation Mobility
Supports TODs as sustainable land use pattern
Opportunity to expand tax base
Potential to be a Public / Private Partnership
Incentive for economic development & job creation
Promote infill & redevelopment back towards Gainesville
Clear commitment to Mobility & Sustainability
WHY DO IT?
MOBILITY Consistent with Capital Improvements Element
TRANSIT ORIENTED DEVELOPMENT
SOUTHWEST DISTRICT
FISCAL IMPACT
• Utilized Fishkind Fiscal Impact Analysis Model
• Projected Future Revenues based on Celebration Pointe
• Projected Future Expenditures based on existing budget
• 2012-2035 resulted in $33.7 million surplus after TID is funded
FISCAL IMPACT
• 2012-2035 resulted in $33.7 million surplus after TID is funded
FISCAL IMPACT
• 2012-2035 resulted in $-195,910 deficit after TID is funded
Based on 600 units consistent with underlying land use
50% ALLOCATION
• Same Fiscal Analysis using 50% of Tax Increment
• 2012-2035 resulted in $19.2 million surplus after 50% of
Increment is removed
• Due to current budgeting uncertainties staff does not
recommend utilizing this higher percentage.
DEVELOPMENT COMPARISON
Development Haile Plantation Southwest District
Celebration Pointe
Acres 1,628 350 115
Miles of Road 37 10 3
Residential Units
2,686 3,500 2,250
Residential Density
1.65 DU / ACRE 10 DU / ACRE 20 DU / ACRE
Non-Residential 280,000 1,100,000 896,000
Non-ResidentialDensity / FAR
40 SF / CAPITA 137 SF / CAPITA 175 SF / CAPITA
Hotels 0 750 250
% FUTURE GENERAL AD VALOREM REVENUE
STAFF RECOMMENDATION
Receive report and direct staff to continue with
development of Southwest Alachua
County Transportation Improvement District
Ordinance