Orange County NC Website
Browse       Search
68 <br /> OCS Schools Impact Fee Report(DRAFT) <br /> The total gross capital cost per student is the sum of the boxed cost components. For example, for the <br /> elementary school portion, the calculation is as follows: $27,687.24 [building construction] + $120.66 <br /> [portable]+$751.25[support facilities]+$1,165.78[buses]+$134.92[consultant cost]=$29,850.85 total <br /> gross cost per student. <br /> This cost is then adjusted to reflect the local share of the cost at 99 percent, or$29,552.34 per student. <br /> The credit for future principal payments ($2,429.24) is then subtracted from the gross local capital cost <br /> per student to derive the net local capital cost per student($27,123.09)for elementary schools.The same <br /> approach is followed for middle and high schools. <br /> Figure 14. Schools Impact Fee Input Variables: OCS <br /> Current Level of Service Standards <br /> Elementary Middle High <br /> Square Feet per Student 136.80 168.68 160.54 <br /> Cost per Sq.Ft. $202 $223 $219 <br /> Total Building Construction Cost per Studentl $27,678.24 1 $37,587.84 1 $35,180.96 <br /> Portable Classrooms per Student 0.0015 0.0000 0.0000 <br /> Cost per Portable Classroom $78,000 $78,000 $78,000 <br /> Portable Classroom Cost per Studentl $120.66 $0.00 <br /> OCS Support Facilities per Student(Sq.Ft.) 3.16 3.16 3.16 <br /> Cost per Sq.Ft. $200 $200 $200 <br /> OCS/CHCCS Transp.Facility per Student(Sq.Ft.) 0.60 0.60 0.60 <br /> Cost per Sq.Ft. $200 $200 $200 <br /> Support Facility Cost per Studentl $751.25 $751.25 1 $751.25 <br /> Buses/Vehicles per Student 0.01648 0.01648 0.01648 <br /> Weighted Average Cost per Bus/Vehicle $70,755 $70,755 $70,755 <br /> Bus/Vehicle Cost per Student 1 $1,165.78 $1,165.78 1 $1,165.78 <br /> Consultant Study Cost per Studentl $134.92 1 $134.92 1 $134.92 <br /> Total Gross Cost Per Studentl $29,850.85 1 $39,639.79 1$37,232.91 <br /> Local Share of Capacity Cost 99% 99% 99% <br /> Total Gross Local Capital Cost per Studentl $29,552.34 $39,243.39 $36,860.58 <br /> Principal Payment Credit per Student ($2,429.24) ($2,429.24) ($2,429.24) <br /> Total Net Local Capital Cost per Student $27,123.09 $36,814.15 $34,431.34 <br /> Average Capital Cost per Student(all levels) $32,789.53 <br /> MAXIMUM L IMPACT FEES FOR ORANGE COUNTY SCHOOLS <br /> Figure 15 shows the schedule of maximum supportable impact fees for OCS. The fees are calculated by <br /> multiplying the student generation rate for each housing type (shown at the top of Figure 15) by the net <br /> capital cost per student for each type of school. Each component is then added together to derive the <br /> total public school impact fee. <br /> For example, for a 0-3 bedroom single family detached unit, the elementary school portion of the fee is <br /> calculated by multiplying the student generation rate of 0.166 by the net local capital cost per elementary <br /> student of$27,123.09, which results in a fee of$4,502 (truncated). This is repeated for the other school <br /> levels. The three portions of the fee are added together to calculate the total fee by type of residential <br /> 17 <br />