Development Impact Fee Study

Description

The City of Hollywood, Florida, seeks qualified consultants to update its Impact Fee Study, ensuring alignment with the latest localized data and regulatory requirements. This project involves a comprehensive review of the City’s 2021 Impact Fee Study, examining its relevance to current conditions and its consistency with city plans, ordinances, and state regulations. With Hollywood experiencing significant urban development and population growth, this study will shape the future of infrastructure funding, addressing key sectors like transportation, public safety, parks, and general government services.Key tasks include a gap analysis of the current Development Impact Fee Program, identification of areas for improvement, and recommendations for new or updated impact fees. The consultant will benchmark Hollywood’s impact fees against neighboring municipalities, evaluate fiscal impacts, and collaborate with City staff to ensure the proposed fees are both competitive and reflective of the true costs of services. Deliverables include a gap analysis report, detailed Development Impact Fee schedule, comparative analysis, and documentation to support ordinance updates.This engagement culminates in the preparation of a final report, draft ordinance revisions, and presentation to City leadership and the Commission. The project timeline extends through late 2026, with milestones for review, analysis, and ordinance adoption. Consultants with expertise in municipal impact fees, regulatory compliance, and stakeholder engagement are encouraged to respond to this opportunity to shape Hollywood's sustainable development framework.