Capital Improvement Plan (CIP) - City of Delaware

CAPITAL IMPROVEMENT PLAN
FIRE IMPACT FEE FUND
2009 - 2013
2009 2010 2011 2012 2013
BALANCES FORWARD 388,914 488,914 445,164 445,164 445,164
REVENUES:
Fire Impact Fees 200,000 165,000 140,000 140,000 0
Bond Issue
TOTAL REVENUE 200,000 165,000 140,000 140,000 0
IMPACT FEE EXPENDITURES:
Command Vehicle 25,000
Training Vehicle 83,750
Land Acquisition Area Substation 100,000 100,000
Construction Station #3 $1,750,000
Annual Debt Service 20yrs. 140,000 140,000 140,000
Construction Station #4 $2,000,000
Annual Debt Service 20yrs. 160,000
TOTAL IMPACT FEE EXPENDITURES: 100,000 208,750 140,000 140,000 300,000
IMPACT FEE BALANCE 488,914 445,164 445,164 445,164 145,164
PURPOSE: The Fire Improvement Fund identifies future projects and equipment purchases
necessary for operation of the City's Fire/EMS Department. In 2001 the City enacted a Fire
Facilities Development Impact Fee of $314 per single family residential unit and approximately
$350 per 1000 s.f. of non-residential development. These funds must be spent on Fire/EMS
equipment and facilities made necessary by the growth of the City. The impact fees cannot be
spent on replacement of existing equipment or on replacement of equipment purchased with
impact fee resources.
FUNDING SOURCES: Fire Impact Fees.
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