Cape Coral, Florida

Road and Utility Impact Fee Study
   

 
  

Cape Coral is the third largest city geographically in the state of Florida and twelfth largest city in population. Cape Coral is also the fifth fastest-growing city in the nation with more than 100,000 people. During the last decade, the City’s population grew by approximately 36 percent, significantly higher than the rest of Lee County as well as the 24-percent growth experienced by the state as a whole. The City is also unique in that it was virtually entirely platted prior to incorporation in 1970. The vast majority of the City was pre-platted into 5,000-square-foot lots for residential development by the Gulf American Corporation, the

original developers of Cape Coral. Today, the City is still only about 42 percent developed, with the most extensive development in the southeastern part of the city. Duncan Associates updated the City’s road impact fees in 2004, using a methodology that was consistent with Lee County’s road impact fees. Maximum fees calculated in this report for selected land use categories were about 91 percent of Lee County’s fees for most land uses. The revised ordinance included an automatic annual inflation adjustment. In 2006, the firm was retained to update the City’s potable water, wastewater and irrigation water impact fees.

 

Period:      

Team:

September 2004 - May 2005
February - October 2006
Duncan Associates

      Contact:      

Mark C. Mason, CPA
Director of Financial Services
City of Cape Coral
239.574.0491