Orange County NC Website
FISCAL IMPACT TEMPLATE: NONRESIDENTIALDEVELOPMENT/PROPORTIONALVALUATION <br /> Version 9/9/87 <br /> Bureau of Economic& Business Research —University of Florida <br /> Modified 1213/93 —Orange County N.C.Planning Department <br /> SECTION 1 -BASIC DATA <br /> ENTER THE FOLLOWING DATA FOR EACH PROJECT.- <br /> A PROJECT NAME: Eastowne <br /> B TOWNSHIP: Chapel Hill <br /> C SCHOOL DISTRICT: Orange County <br /> D INFLATION RATE: 290 <br /> E COUNTY ANNUAL OPERATING EXPENDITURES: $51,497,942 <br /> F TOTAL LOCAL EQUALIZED REAL PROPERTY VALUE: $4,408,709,951 <br /> G TOTAL NUMBER OF LAND PARCELS: 40,129 <br /> H TOTAL NONRESIDENTIAL EQUALIZED REAL PROPERTY VALUE: $484,958,094 <br /> 1 TOTAL NUMBER OF NONRESIDENTIAL LAND PARCELS: 1343 <br /> J REAL PROPERTY(MARKET) VALUE OF PROPOSED DEVELOPMENT: $1,318,400 <br /> K PERSONAL PROPERTY VALUE OF PROPOSED DEVELOPMENT $198,451 <br /> CALCULATED INPUT DATA: <br /> F1.1 AVERAGE EQUALIZED REAL PROPERTY VALUE PER PARCEL: $109,863 <br /> F1.2 AVERAGE NONRESIDENTIAL EQUALIZED REAL PROPERTY <br /> VALUE PER PARCEL: $361,101 <br /> F1.3 EQUALIZED REAL PROPERTY VALUE AVERAGE NONRESIDENTIAL <br /> PARCEL TO AVERAGE LOCAL PARCEL: 3,29 <br /> F1.4 REAL PROPERTY VALUE OF FACILITY TO AVERAGE <br /> NONRESIDENTIAL REAL PROPERTY VALUE: 3,85 <br /> SECTION 2 -SHARE OF EXISTING COUNTY EXPENDITURES TO TOTAL LOCAL NONRESCENTIAL USES <br /> E TOTAL COUNTY EXPENDITURES: $51,497,942 <br /> F2.1 PROPORTION OF NONRESIDENTIAL VALUE TO 0.11 <br /> TOTAL LOCAL REAL PROPERTY VALUE: <br /> F1.3 EQUALIZED REAL PROPERTY VALUE AVERAGE NONRESIDENTIAL <br /> PARCEL TO AVERAGE LOCAL PARCEL: 3.29 <br /> L REFINEMENT COEFFICIENT: 0.28 <br /> F2.2 TOTAL EXISTING COUNTY EXPENDITURES ATTRIBUTABLE TO <br /> NONRESIDENTIAL USES: $1,586,137 <br />