Vision SMTX Appendix Adopted 2024

Fiscal Impact Analysis Methodology and Findings

APPENDIX C: KEY FINDINGS FROM FISCAL IMPACT ANALYSIS

Table 10 Scenario Growth Allocations by Development Type

Preferred Growth Existing Trends

Description

Population Single Family Population

25,086 17,088 15,264 16,968 74,406 12,543 13,670 12,211 13,575 52,000 13,423 7,926 15,703 13,945 51,000

49,922 20,755 6,492 6,552 83,721 24,961 16,604 5,194 5,241 52,000 15,217 5,408 13,624 16,751 51,000

Attached Population Multifamily Population Student Population Total Population

Residential Units Single Family

Attached Multifamily

Student Multifamily Total Housing Units

Employment

Highway Commercial Local Commercial Office/Institutional Industrial/Distribution

Total Jobs

Commercial Space

Highway Commercial Local Commercial Office/Institutional Industrial/Distribution Total Commercial Space

3,141,051 1,854,740 2,449,634 6,526,208 13,971,633

3,560,854 1,265,539 2,125,319 7,839,257 14,790,969

Source: Economic & Planning Systems

Growth Scenarios Net Fiscal Impacts EPS compared the estimated annual revenues generated in each scenario to the estimated annual expenditures to estimate the net fiscal impact on the City’s General Fund. Table 11 provides a summary of the results of the evaluation. The Preferred Growth scenario results in a net positive impact on the General Fund of $3.9 million annually, which equates to 3.9 percent of the City’s total expenditures. This results in a net fiscal benefit per developed acre of $358 annually. The Existing Trends also has a net positive impact on the General Fund but less than the Preferred Scenario. The Existing Trends net positive fiscal impact is $2.2 million, which is $128 per acre.

SAN MARCOS COMPREHENSIVE PLAN 2024

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