Orange County NC Website
54 <br /> OCS Schools Impact Fee Report(DRAFT) <br /> age-restricted units (those units in developments that restrict the number of units with occupants aged <br /> under 55 years old) have a maximum fee amount of $623. All fees should be collected when building <br /> permits are issued. <br /> School impact fees are applied only to residential development and are per housing unit, reflecting the <br /> proportionate demand by type of unit.The amounts shown are "maximum supportable" amounts based <br /> on the methodologies, LOS, and costs for the capital improvements identified herein. The fees represent <br /> the highest amount feasible for each type of applicable development, which represent new growth's fair <br /> share of the capital costs as detailed in this report. The County can adopt amounts that are lower than <br /> the maximum amounts shown. However, a reduction in fee revenue will necessitate an increase in other <br /> revenues, a decrease in planned capital expenditures, and/or a decrease in LOS. <br /> Figure 1. Maximum Supportable School Impact Fees: OCS <br /> MAXIMUM ALLOWABLE SCHOOL IMPACT FEES:Orange County Schools <br /> Impact Fee per Housing Unit Elementary Middle High TOTAL <br /> Single Family Detached <br /> 0-3 Bedrooms $4,502 $3,239 $4,303 $12,044 <br /> 4+Bedrooms $3,417 $2,540 $2,995 $8,952 <br /> Single Family Detached Average $4,122 $2,981 $3,856 $10,959 <br /> Single Family Detached(<800 Sq.Ft.) $1,790 $736 $791 $3,317 <br /> Single Family Attached <br /> 0-2 Bedrooms $1,600 $1,067 $998 $3,665 <br /> 3+Bedrooms $1,763 $1,730 $2,065 $5,558 <br /> Single Family Attached Average $1,735 $1,656 $1,928 $5,319 <br /> Multifamily <br /> 0-2 Bedrooms $895 $625 $1,136 $2,656 <br /> 3+Bedrooms $10,388 $4,712 $5,577 $20,677 <br /> Multifamily Average $2,386 $1,288 $1,824 $5,498 <br /> Manufactured Unit $3,688 $2,098 $2,341 $8,127 <br /> Age-Restricted Unit F $623 <br /> As another option,the County could choose to adopt fees that consolidate bedroom count subcategories <br /> within a broader housing unit category. For instance, Single Family Detached homes,which the proposed <br /> fee schedule currently divides into two subcategories(0-3 Bedrooms and 4+ Bedrooms), could be charged <br /> a single fee regardless of size. If the County decides to pursue this alternative option, the average impact <br /> fee by type of unit provided in this report would be the impact fee amount on the adopted schedule. <br /> A note on rounding: Calculations throughout this report are based on an analysis conducted using Excel <br /> software. Most results are discussed in the report using one,two, and three digit places, which represent <br /> rounded figures. However, the analysis itself uses figures carried to their ultimate decimal places; <br /> therefore,the sums and products generated in the analysis may not equal the sum or product if the reader <br /> 3 <br />