Capital Improvement Expansion Fees
Fees Effective as of October 1, 2017
|Land Use Type||Unit||
|Resid., up to 700 sf||Dwelling||$1,343||$1,751||$316||$177||$431||$1,827||$5,845|
|Resid., 701-1,200 sf||Dwelling||1,797||2,342||428||239||581||3,392||8,779|
|Resid., 1,201-1,700 sf||Dwelling||1,962||2,558||465||260||634||4,404||10,283|
|Resid., 1,701-2,200 sf||Dwelling||1,983||2,585||473||264||644||5,150||11,099|
|Resid., over 2,200 sf||Dwelling||2,210||2,881||526||294||716||5,520||12,147|
|Commercial (Single Phase)||1,000 sf||0||0||398||223||1,088||6,721||8,430|
|Office and Other Services (3-phase)||1,000 sf||0||0||398||223||1,088||4,951||6,660|
|Industrial/Warehouse (Large Comm)||1,000 sf||0||0||93||52||257||1,598||2,000|
Rates effective January 1, 2017 – September 30, 2017
|Land Use Type||Unit||
|Resid., up to 700 sf||Dwelling||$1,300||$1,102||$281||$141||$330||$1,905||$5,059|
|Resid., 701-1,200 sf||Dwelling||1,667||1,414||357||178||423||2,143||6,182|
|Resid., 1,201-1,700 sf||Dwelling||1,842||1,562||395||198||465||3,112||7,574|
|Resid., 1,701-2,200 sf||Dwelling||1,919||1,628||410||206||487||3,112||7,762|
|Resid., over 2,200 sf||Dwelling||2,056||1,743||440||220||523||3,112||8,094|
|Office and Other Services||1,000 sf||0||0||339||169||803||7,760||9,071|
What Are Capital Improvement Expansion Fees?
Capital expansion fees require new developments to pay a proportionate share of infrastructure costs to “buy-in” to the level of service the City of Fort Collins provides for Fire, Police, General Government facilities, Neighborhood Parks and Community Parks. This concept of growth paying for the impact of growth is a policy decision that City Council made and continues to support. Fees are paid upon application of a building permit by a developer and assessed by land use type.
Why Do The Fees Change?
In 2012 and then again in 2016, the City of Fort Collins contracted with Duncan Associates to analyze the methodology and update the fees.
The results of the 2016 study recommend retaining the incremental expansion approach, however, the fees are changing due to the following factors:
- Land values were updated to accurately reflect the difference in the cost of land in different quadrants in Fort Collins.
- Updated household size data.
- Updated all formula inputs including current asset info based on the cost of construction per square foot.
- Additional capital added to General Government fees.
- The fees should be analyzed and updated every 3-5 years.
For transportation capital expansion fees, Engineering contracted with TischlerBise to update the fees in 2016 and assess methodology.
The results of the 2016 study (linked below under "Next Steps") recommend:
- Changing the name from “Street Oversizing” to “Transportation Capital Expansion Fee”
- Using Vehicle Miles Travelled (VMT) as the basis for determining impact, instead of trips generated.
- Simplifying the transportation impact fee schedule from 43 categories of use to only a handful; Residential (by size of unit) and two broad categories for commercial and industrial.
- Increase fee to include additional improvements
Additionally, fees are updated annually to account for inflation indices including the Denver Boulder Greeley Consumer Price Index and the Engineering News Record Cost of Construction Index.
For more information:
- Capital Expansion Fee Public Draft
- Parks Costs 2016 Study
- Transportation Capital Expansion Fee Study
If you have questions please contact:
Jennifer Poznanovic, Revenue and Project Manager