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10 of 19 <br /> <br />the study was prepared – this reflected a more limited scope of projects; <br /> <br />• The service-based model is more comprehensive in capturing expanded needs <br />across the entire city – for example, reflecting new fleet vehicles and equipment, <br />public works yard space, and space to accommodate City governmental <br />functions, among other elements; <br /> <br />• Several of the City’s master plans have been updated since 2018, including the <br />Trails System Master Plan, Climate Action Plan, Downtown Specific Plan, LPFD <br />Strategic Plan, and Capital Facilities 10-year State of Good Repair estimates. All <br />of these updates have provided more refined costs and, generally speaking, a <br />more expansive list of projects to meet community needs; and <br /> <br />• Construction costs for projects have escalated substantially since the prior study. <br />The Engineers News Record for San Francisco Construction Price Index from <br />2017 to 2024 has increased 32% (4.5% annually on average) which is above the <br />historical averages of 2.5-3% since the early 1990s. <br /> <br />Table 6: Preliminary Estimates of Future Facilities Costs <br />Fee Category Facilities <br />Addressed <br />2024 <br />Preliminary <br />Nexus Study <br />Estimates <br /> 2018 Nexus <br />Study <br /> <br />Cost Allocated <br />to New <br />Development <br />% Cost Allocated <br />to New <br />Development <br />% <br />Capital <br />Facilities <br />General <br />Government, <br />Public Works, <br />Library and <br />Recreation, <br />Parks and <br />Trails, Police, <br />Fire <br />$329,033,000 54% $69,754,000 31% <br />Transportation Roads, <br />intersections, <br />signal <br />improvements, <br />pedestrian and <br />bicycle facilities <br />$284,115,400 46% $153,575,900 69% <br /> TOTAL $613,148,400 100% $223,329,900 100% <br /> <br />It is noted that, while the impact fee study references both existing service levels (and <br />standards, where defined), and looks to City facilities master plans and studies and the <br />5-year Capital Improvement Program as a basis for determining both the array of <br />facilities and their costs, the impact fee study does not incorporate a detailed list of <br />facilities and projects that may be funded with impact fees. Although it is expected the <br />vast majority of projects funded with DIF will be those included in the City’s prioritized