Road Impact Fee Funds

The County has the following special revenue funds to be used for road improvements:

Road Impact Fee – West Fund (Repealed by Ordinance O13-15 on May 21, 2013)

Accounts for impact fee receipts from new development in a designated service area in the western portion of the County. Disbursements from this fund are for road improvements attributable to the new development.

FY2020 Revenues: $0

FY2020 Expenditures (Poplar Road): 296

Fund Balance 6/30/20: $0

Transportation Impact Fee – County-wide Fund (Adopted by Ordinance O13-15 on May 21, 2013)

Accounts for impact fee receipts effective May 21, 2014 from new development of all land contained in the designated impact fee service area in Stafford County to generate revenue to fund or recover the costs of reasonable road improvements benefitting new development.

FY2020 Revenues: $1,512,645

FY2020 Expenditures: 2,463,029

Fund Balance 6/30/20: $1,127,163

Road Impact Fee – South East Fund

Accounts for impact fee receipts from new development in a designated service area in the southeastern portion of the County. Disbursements from this fund are for road improvements attributable to the new development.

FY2020 Revenues: $2,000

FY2020 Expenditures: 0

Fund Balance 6/30/20: $124,516

Garrisonville Road Service District Fund (Adopted by Ordinance O07-55 in July 17, 2007)

To fund road improvements within the District, primarily to Garrisonville Road, and any other transportation enhancements within the District. This fund accounts for ad valorum tax receipts from property owners in the district.

FY2020 Revenues: $723,015

FY2020 Expenditures: 644,253

Fund Balance 6/30/20: $1,366,556

2020 tax rate: .085

Warrenton Road Service District Fund (Adopted by Ordinance O07-56 in July 17, 2007)

To fund road improvements within the District, primarily to Warrenton Road, and any other transportation enhancements within the District. This fund accounts for ad valorum tax receipts from property owners in the District.

FY2020 Revenues and transfers in: $891,057

FY2020 Expenditures: 101,189

Fund Balance 6/30/20: $4,175,930

The FY2022 Adopted Budget includes expenditures in the Transportation Impact Fee – County-wide Fund and the Garrisonville Road Service District Fund.