Orange County NC Website
Browse       Search
10 <br /> FISCAL IMPACT ANALYSIS FOR LA MESA SUBDIVISION, PHASE H <br /> RESIDENTIAL SERVICE STANDARD APPROACH <br /> Prepared by <br /> The Orange County Planning Department <br /> July, 1996 <br /> PROJECT DESCRIPTION <br /> La Mesa Phase IV is a proposed 20-lot subdivision located in Little River Township. The lots are <br /> accessed by La Mesa Lane (public) which extends from the south side of Bacon Road. Phase I, <br /> approved by the Board of Commissioners in 1989, contains eight lots which front on Bacon Road. The <br /> current zoning is AR-Agricultural Residential. The average lot size is approximately 2.2 acres. Lots will <br /> be served by individual wells and septic systems. <br /> Project build-out is estimated at three years. Housing units will be constructed, beginning in 1997, <br /> with completion of the project scheduled for 1999. Units will consist of detached single-family homes, and <br /> the applicant estimates the average sales price to be$90,000 including the lot. <br /> METHODOLOGY <br /> Fiscal impact analysis is a projection of the direct, current, public costs and revenues associated <br /> with residential and non residential growth in the jurisdiction in which the growth is taking place. Fiscal <br /> impact analysis considers only direct impact in that it projects only the primary costs that will be incurred <br /> and the immediate revenues that will be generated. It calculates the financial effect of a planned <br /> development or new subdivision by considering the current costs and revenues such a development would <br /> generate if it were completed and occupied today. Fiscal impact analysis does not consider the private costs <br /> of public action. It is 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 <br /> are then weighed against per capita and per pupil revenues to project the total net fiscal impact of the <br /> development. <br />