Orange County NC Website
I' <br /> -Impact Fees <br /> -Process for the Studies <br /> •Impact Fee Results (by System) <br /> -Methodologies <br /> -Levels of Service & Costs <br /> -Maximum Supportable Amounts <br /> •Q &A <br /> TischlerBise, Inc. <br /> - National Practice <br /> - Impact Fees (700+) <br /> - Fiscal Impact Evaluations (600+) <br /> - Infrastructure Needs and Revenue Strategies <br /> - Public and Private Sector Experience <br /> Impact Fees <br /> The purpose is to: <br /> ". . . Help defray the costs to the County of constructing certain capital improvements, <br /> the need for which is created in substantial part by the new development that takes place <br /> within the County." <br /> Impact Fees <br /> •Represent new growth's fair share of the cost for capital facility needs <br /> •Used for capacity expansions <br /> •Not a revenue raising mechanism but a way to provide growth-related infrastructure <br /> •Three requirements must be met: <br /> -Impact: Growth is generating need for infrastructure <br /> -Benefit: Timing of improvements; Accounting and expenditure controls <br /> -Proportionality: Fair share of cost <br /> Process for Study <br /> *Interview key staff <br /> •Analyze demographic data <br /> •Consider methodologies and determine levels of service <br /> •Determine capital costs <br /> •Evaluate inclusion of credits <br /> •Determine maximum supportable fee amounts for each School System <br /> •Staff review <br /> •Presentations to the Public <br /> •Decision by elected officials <br /> Methodologies <br /> •Cost Recovery (past) <br /> -Oversized and unique facilities <br /> •Incremental Expansion (present) <br />