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in the right-of-way of the street, the street frontage of the parcels and the utility frontage of the parcels are the same thing. Utility lines do not always follow the roadways, though, in which case the street frontage of a parcel and the utility frontage of a parcel could be different.} The total project cost was $300,000. If the County were to assess for 100% of the total project costs, then the total cost, $300,000, would be divided by the total frontage, 2000 feet, giving an assessment per foot of frontage of $150. Parcel A has 100 feet of frontage, while Parcel B has a frontage of 85 feet (Table 1). The assessment for Parcel A would be $15,000 ($1501ft " 100 ft.) and the assessment for Parcel B would be $12,750 ($150/ft ~` 85 ft.) (Table 2). Area assessment: For the same project, the total area of the parcels to be served is 9.2 acres. The project cast of $300,000 divided by the total acres of 9.2 gives $32,608 per acre. Parcel A has an area of 0.46 acres and Parcel B has an area of 0.49 acres (Table 1}. The assessment for Parcel A would be $15,000 ($32,608/acre * 0.46 acres) and the assessment for Parcel B would be $15,978 ($32,608/acre * 0.49 acres} {Table 2). Valuation assessment: The total value of all the parcels served by the new sewer line on Example Street is $4,000,000, based on County Tax records. The project cost of $300,000 divided by the tax valuation of $4,000,000 gives an assessment amount of $0.075 per dollar of valuation. Parcel A is valued at $250,000, while Parcel B is valued at $135,000 (Table 1}. The assessment amount far Parcel A would be $18,750 ($0.075/dollar ~ $250,000) and the assessment amount far Parcel B would be $10,125 {$0.075/dollar * $135,000) (Table 2}. Per Lot assessment: There are 20 lots being served an this project. The project cost divided by the number of lots would give an assessment amount of $15,000 per lot. The assessment amount far bath Parcel A and Parcel B would be $15,000 (Table 2). Decision # 3: County established policy for payment of the assessed amount Decision Summary NCGS allows that any assessment fees may be paid in full, with no interest, as long as the payment is made within thirty days of the assessment schedule's confirmation and publication by the County Tax Assessor. The County may choose to allow annual payments for any amounts not paid within thirty days. If annualized payments are allowed, the following are the components that would need to be included in a payment policy. • Interest amount • Due date • Length of time to pay • Abeyance Interest amount: The County is allowed to accept payments on portions of the assessment not paid within thirty days of publication of the assessment schedule by the County Tax Assessor, but interest must be charged on a per annum basis. The maximum interest rate is 8%, according to NCGS, but no minimum rate is given.