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FISCAL R PACT ANALYSIS FOR BRADFORD RIDGE <br />RESIDENTIAL SERVICE STANDARD APPROACH <br />Prepared by <br />The Orange County Planning Department <br />May, 1999 <br />PROJECT DESCRIPTION <br />22 <br />Bradford Ridge Subdivision contains 22 single - family lots and is located in Bingham Township. The <br />lots are accessed by Bradford Ridge Road, a Class A Private Road which will intersect with Borland Road <br />approximately 10M feet east of Chestnut Ridge Church Road. The current zoning is AR and Cane PW <br />(Agricultural Residential and Cane Protected Watershed). The average lot size is 3.15 acres more or less. <br />Lots will be served by individual wells and septic systems. <br />Project build -out is estimated at five years. Housing units will be constructed, beginning in .2000, with <br />completion of the project scheduled for 2005. Units will consist of detached single - family homes, and the <br />applicant estimates the average sales price to be $200,000, including the lot. <br />METHODOLOGY <br />Fiscal impact analysis is a projection of the direct, current, public costs and revenues associated with <br />residential and non - residential growth in the jurisdiction in which the growth is taking place. Fiscal impact <br />analysis considers only direct impact in that it projects only the primary costs that will be incurred and the <br />immediate revenues that will be generated. It calculates the financial effect of a planned development or new <br />subdivision by considering the current costs and revenues such a development would generate if it were <br />completed and occupied today. Fiscal impact analysis does not consider the private costs of public action. It is <br />concerned only with public (governmental) costs and revenues. <br />The method used in preparing the fiscal impact analysis is the Service Standard Approach. While <br />only gross expenditures by service category are derived from the Per Capita Method, the Service Standard <br />method determines the total number of additional employees by service function that will be required as a <br />result of growth. This method employs average county government costs per person, average school costs <br />per pupil, an employee to population ratio, and average operating expenses per employee for each service <br />category and school district. The number of new employees are projected and multiplied times the average <br />operating expenses (includes personnel, operating and capital costs) per employee. These average costs are <br />then weighed against per capita and per pupil revenues to project the total net fiscal impact of the <br />development. <br />G:robert /bradfisc.doc /may99 /rpd <br />