(a) Review.
(1) The Village Administrator, in coordination with all relevant and necessary Village staff, must prepare and submit an annual report to Village Council on the subject of Impact Fees.
(2) The report may include any or all of the following:
A. Recommendations for amendments, if appropriate, to this chapter;
B. Proposed changes to the Village Comprehensive Plan and/or an applicable ordinance or policy, including the identification of additional public facility projects anticipated to be funded wholly or partially with Impact Fees;
C. Creation of impact fee districts, as necessary;
D. Proposed changes to the impact fee schedule as set forth in the ordinances imposing and setting impact fees for particular public facilities;
E. Proposed changes to level of service standards for particular public facilities;
F. Proposed changes to any impact fee calculation methodology;
G. Proposed changes to the population, housing, land use, persons per household or nonresidential development projections included in the methodology report and upon which the impact fee amounts have been determined; or
H. Other data, analysis, or recommendations as the Village Administrator may deem appropriate, or as may be requested by the Village Council.
(3) The report must include the following background data:
A. Number of zoning permits issued by type development in each Category (Primary and Sub-Category) listed in the Impact Fee Schedule;
B. Gross floor area of new nonresidential development, by type;
C. Total amount of Impact Fees collected, by type of development in each Category (Primary and Sub-Category) listed in the Impact Fee Schedule;
D. Total expenditures made from impact fee fund and the purpose for which the expenditure was made, i.e., the description, type, and location of the public facility project;
E. When the public facility project was, or will be, initiated and completed;
F. Whether additional impact fee funds will be appropriated for the same project in the future;
G. Whether supplemental non-impact fee funds have been used for the project and, if so, how much;
H. The service area of the public facility project;
I. The total estimated cost of the project and the portion funded with impact fees;
J. Whether the public facility project is in the Village's current annual budget, capital improvements plan, or comprehensive plan;
K. The estimated useful life of the project; and
L. Such other facts as may be deemed relevant by the Village Administrator or Village Council.
(4) Village Council action. After reviewing the report identified herein, Village Council may take such actions as it deems appropriate, including but not limited to, amending this chapter, requesting additional data or analyses, and holding public workshops and/or public hearings.
(Ord. 2022-23. Passed 12-19-23.)