Title
Public Hearing - Biennial Certified Audit of Land Use Assumptions, Infrastructure Improvement Plan and Development Fees
Description
Request to hold a public hearing regarding the Biennial Certified Audit of Land Use Assumptions, Infrastructure Improvement Plan and Development Fees, as required by State statute.
Report
Summary
Arizona Revised Statute 9-463.05 requires a biennial certified audit of municipalities land use assumptions, infrastructure improvements plans and development fees to be conducted by a qualified professional, and the City is required to conduct a public hearing on the audit within 60 days of posting the findings of the audit on the City's website. Raftelis Financial Consultants was retained to perform the biennial audit. The audit reviewed development impact fees and water resource acquisition fees for the period of April 6, 2015, through June 30, 2016. The land use assumptions, infrastructure improvements plan and development fees audited were adopted by Phoenix City Council on Jan. 21, 2015, and took effect on April 6, 2015. The intent of the audit is to allow stakeholders who pay the impact fees to receive a third party analysis of the assumptions, plans and how fees are spent by each municipality. Staff met with stakeholders of the development community to review the audit. The next required biennial audit will review the period of July 1, 2016, through June 30, 2018.
The complete report titled: City of Phoenix Biennial Certified Audit of Land Use Assumptions, Infrastructure Improvement Plan and Development Fees (April 6, 2015-June 30, 2016) is available on the Planning and Development website at : www.phoenix.gov/pdd/devfees/impactfeedocs
Department
Responsible Department
This item is submitted by Deputy City Manager Mario Paniagua and the Planning and Development Department.