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PW Parks & Open Space <br /> Street Tree Program Summary <br /> December 29, 2003 Revised current structure Recommended structure <br /> based on Plantable Spaces based on Linear Foot <br /> City Plant Option Current FY05 -FY06 FY05 -FY06 <br /> Fees Charged: $300 <br /> Application Fee $300 $300 <br /> Tree Cost $300 /small tree $370/tree $7.12/LF <br /> $400 /large tree <br /> Revenue Collected* $108,500 $129,500 N/A <br /> % Increase 19% 16% increase <br /> in sample used <br /> Account Balance $178,794 <br /> Est. Obligation $356,000 <br /> Est. Account Liability ($177,206) <br /> * Assumes average of 350 trees pianted/yr continues <br /> Developer Plant Option Current Revised current structure <br /> using updated time spent <br /> Fees Charged: $300 <br /> Application Fee $300 $300 <br /> Plan Agreement 200 + .01 /LF 200 + .01/LF 200 + .01/LF <br /> Annual Inspection Fee $150 for < =9 trees $64 $0.25/LF <br /> Final Inspection Fee $150 for < =9 trees $64 $0.25/LF <br /> $200 for < =49 trees $142 (current structure converted <br /> to LF = $0.45/LF) <br /> Revenue Collected* <br /> % Increase 57% decrease for < =9 trees 44% decrease <br /> 29% decrease for < =49 trees in sample used <br /> Account Balance operating revenue - -no ongoing account balance <br /> FY02 Revenue $11,967 <br /> FY03 Revenue $5,169 <br /> FY04 Revenue thru 12/30/03 $3,305 <br /> * Assumes average of 8 contracts reviewed /yr continues <br /> Engineering Projects <br /> Fee Charged $300 /small tree same as City Plant Option same as City Plant Option <br /> $400 /large tree <br /> Revenue Collected* <br /> % Increase <br /> Account Balance $110,438 <br /> Est. Obligation $61,275 <br /> Est. Account Liability $49,163 <br /> Neiahborwoods Capital Program <br /> Account Balance $49,106 <br /> Xfr to 14th Street Extension $30,000 <br /> Net Balance $19,106 <br />