Item 26 - Public Hearing Regarding Bristol Project

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Residential Population: For apartment and senior housing development, the Related FIA assumed an average household size of 1.73 and 1.50 persons respectively, without citing the source of those metrics. As detailed in Attachment 1-C, DTA utilized the following metrics in estimating the residential population for the Project at its build -out. Apartments: Household size for residential use generally correlates with its dwelling size. The Capital Facilities Capacity Charges ("CFCC") for the Orange County Sanitation District established a base charge of $5,719 for a three -bedroom single-family home, with the rates for other residential uses adjusted by their respective dwelling size as compared to a typical three -bedroom single-family home. Assuming that the apartments will be comprised of 50% two - bedroom units, 25% three -bedroom units and 25% studio units, the blended CFCC rate is estimated at $3,174, which is 55.5% of the base rate. According to the California Department of Finance, the average household size in the City is estimated at 3.72 as of January 1, 2023. Applying the 55.5% factor to the current Citywide average household yields an estimated average household size of 2.06 persons for the Project's apartments. Senior Housing: According to the Administration for Community Living, a division within the U.S. Department of Health and Human Services, 69% of seniors live with their spouse, with the remaining 31% living alone. Based on those ratios, the average household size for a senior housing unit is estimated at 1.69 persons. Hotel Guests: DTA conservatively included daily hotel guests as part of the Persons Served population when estimating the City's public safety costs related to the Project. A hotel guest is typically assumed to be equivalent to 50% of a resident, given that they would spend only 8 active hours in the City per day versus a resident who is active for 16 hours per day. Tax Sharing (Secured Property Taxes): Property tax revenue estimates were derived using apportionment factors provided by the County Auditor - Controller as applied to the general 1% ad valorem property tax levy. As presented in Attachment 1-D, total secured property tax revenues received by the City from the proposed Project will equal approximately 19.08% of the basic 1% ad valorem tax rate [Proposition ("Prop") 131, net of the projected Education Revenue Augmentation Fund ("ERAF") property tax shifts. The Related FIA utilized an allocation factor of 19.3%. Property Tax In Lieu of Vehicle License Fees ("VLFs'T Per California Revenue and Taxation Code S�97.70, the property tax in lieu of VLF amount now increases in proportion to the growth rate of the Citywide gross assessed valuation of taxable property from the prior fiscal year. As listed in Attachment 1-D, property taxes in lieu of VLF revenues constitute an addition to other property tax apportionments and were calculated for the purposes City of Santa Ana September 27, 2023 Fiscal Impacts Resulting from the Proposed Related Bristol Specific Plan Exhibit 10 4