Orange County NC Website
Browse       Search
62 <br /> OCS Schools Impact Fee Report(DRAFT) <br /> Impact Orange County Schools <br /> METHODOLOGY <br /> The OCS impact fee methodology is based on current average public school student generation rates, LOS <br /> standards, and local costs. Figure 4 illustrates the methodology used to calculate the fee. The school <br /> impact fees use an incremental expansion approach,which documents the current LOS for public facilities <br /> in both quantitative and qualitative measures. The intent is to use impact fee revenue to expand or <br /> provide additional facilities, as needed to accommodate new development, based on the current LOS and <br /> cost to provide capital improvements.All school levels are included in the fees. Costs for school buildings, <br /> portable classrooms, support facilities, and buses/vehicles are included in the fee.The costs are adjusted <br /> to account for estimated State funding for capacity projects;therefore,the fees reflect the County's share <br /> of the total costs. Finally, a credit for future principal payments on existing debt is included. <br /> Figure 4. Impact Fee Methodology Chart: OCS <br /> �i11�gi�l Ii1 u�up�u�IIlIlIil <br /> 1101���1 u�fi11 I�IU1uu <br /> IIIIIIIIIIIIIIIII I-IIIIIIIIIIIIII III <br /> �mi�illiirrrriiifldufld6� �� IIII i« <br /> If i`� `w" ' �� I IIII II I II II I III I IIIIIII 11 I@ I'I <br /> IIIIIIIII III VIII � <br /> IIIIIIIII III III � <br /> I <br /> 11 <br />