Page 189 - Littleton, CO Comprehensive Plan

Fiscal Impact Analysis
The City of Littleton, CO

EXECUTIVE SUMMARY

The purpose of this Fiscal Impact Analysis (“FIA”) is to provide information to the City of Littleton
related to the fiscal impact of distinct land use scenarios in order to identify how best to accommodate
future growth while minimizing costs. An FIA determines whether revenues generated by
development are sufficient to cover the costs resulting from that development—specifically, those
costs associated with maintaining current levels of service given the additional service and facility
demands that growth places on a jurisdiction.

TischlerBise is part of a consultant team headed by Kendig Keast Collaborative (“KKC”) working with
the City of Littleton to develop a Comprehensive Plan for the municipality, the Envision Littleton
Comprehensive Plan. TischlerBise’s role is to identify and analyze fiscal impacts of distinct land use
scenarios in the city.

This report presents our findings, discusses their significance, and details our approach and
methodology.

BACKGROUND

An FIA shows direct revenues and costs from new development; development scenarios are
represented by numerical projections of population, housing units, employment, and nonresidential
building area. We received three land use scenarios from KKC which were developed in coordination
with City of Littleton staff. The scenarios represent several “what if” situations, with varying levels of
residential and nonresidential development occurring over the course of the 20-year planning period.

Once scenarios have been identified, the next major step in the FIA process is to determine current
service levels and capacities and associated revenues and costs. The service level, revenue, and cost
assumptions utilized in this analysis are based on on-site interviews and follow-up discussions with
City staff, an analysis of the City of Littleton’s Fiscal Year 2019 (“FY2019”) Budget; the 2018
Comprehensive Annual Financial Report; the Littleton Museum Strategic Plan; the Parks, Recreation,
and Trail Master Plan; the 2019 Facilities Assessment; the 2017 Littleton Housing Study; and other
relevant documents.

Using the results of this level of service/capacity analysis, we developed a fiscal impact model
customized for the City of Littleton. We then utilized this model to evaluate the fiscal impact of the
three distinct land use scenarios provided by KKC.

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