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66 <br /> OCS Schools Impact Fee Report(DRAFT) <br /> Figure 11. Support Facilities—Serving OCS and CHCCS <br /> are Cost <br /> et Per Sq Ft <br /> Transportation Facility* 11,704 $200 $2,340,800 <br /> e e <br /> Current Total CHCCS and OCS Enrollment 19,572 <br /> LOS(sq.ft.per student) 0.5980 <br /> Cost per Student $119.60 <br /> *Serves both OCS and CHCCS Districts <br /> Source:Orange County Schools <br /> BUS/VEHICLES <br /> Another infrastructure component included in the impact fee is buses and vehicles. New buses and <br /> vehicles will need to be purchased to accommodate increased enrollment.Total current value of the fleet <br /> is estimated at approximately$8.8 million, which equates to a current cost of almost$1,200 per student. <br /> LOS and costs are provided below in Figure 12 for the OCS fleet. <br /> Figure 12. Buses/Vehicles LOS and Costs: OCS <br /> Total Type Number of units CostlBus <br /> OCS Buses 79 $83,690 $6,611,510 <br /> OCS Activity Buses 15 $84,144 $1,262,160 <br /> Other Vehicles 30 $30,000 $900,000 <br /> Source:OCS <br /> Current Total OCS Enrollment 7,526 <br /> Buses/Vehicles per Student 0.016 <br /> Cost per Student $1,165.78 <br /> ADJUSTMENT NON-LOCAL FUNDING <br /> To adequately reflect the local share of capacity costs,the impact fees need to be adjusted to account for <br /> State funding for capacity improvements. Orange County estimates that the County receives one percent <br /> of the costs for capacity improvements from the state. Therefore the local share is adjusted to represent <br /> 99 percent of the total. (Other contributions from the State are used for maintenance and other non- <br /> capacity related improvements.) <br /> CREDIT I I L PAYMENTS ON SCHOOL I <br /> Because the County debt-financed a portion of recent school capacity expansion construction costs, a <br /> credit is included for future principal payments on outstanding debt. A credit is necessary since new <br /> residential units that will pay the impact fee will also contribute to future principal payments on this <br /> remaining debt through property taxes. A credit is not necessary for interest payments because interest <br /> costs are not included in the costs. <br /> 15 <br />