Orange County NC Website
Browse       Search
16 <br /> • Plan-Based (future) <br /> o Common for utilities but can also be used for other public facilities with non- <br /> impact fee funding (e.g., roads) <br /> Impact Fee Formula Overview <br /> • Basic formula is shown. <br /> • Demand by type of development <br /> • How much infrastructure is required to serve that demand <br /> • Cost to City to provide that infrastructure <br /> • Basic example: students per housing unit x square feet per student x cost per square <br /> feet = capital cost per housing unit for new school space. <br /> Orange County Schools (OCS) Student Generation Rates <br /> Student generation rate: # of public school students per housing unit in the OCS system. <br /> -Public school students are a subset of school-aged children, which includes students in <br /> private schools and home-schooled children. <br /> -Rates calculated w/2013-2014 student address data geocoded to Orange County land <br /> records tracking HU types. <br /> -Data analyzed for units built during 2 different time periods: before 2004 and 2004-2013. <br /> -Collated for these 2 periods to evaluate if new development patterns and demand trends in <br /> the res. market impacted student SGR for recently built units. <br /> -SGR for HUs constructed 2004-2013 from an earlier TB study, finished in May 2015. <br /> -In some cases, data from these two periods are combined due to availability limitations. <br /> -TischlerBise, in consultation with County staff, recommends using local data on recently built <br /> units (with bedroom counts) and geocoded students data for Multifamily and Single Family <br /> Attached rates. <br /> -For Single Family Detached, Single Family Detached <800 Sq. Ft., and Manufactured Homes, <br /> students in units with unknown bedroom counts reflect less than 10 percent of the total. <br /> Therefore, pre-2004 and 2004-2013 data were combined to derive the student generation <br /> rates. <br /> -For Single Family Detached, students from unknown units were allocated based upon the <br /> breakdown of students generated from units with known bedroom counts. <br /> -TB calculated a rate for age-restricted units (those units in developments that restrict the <br /> number of units with occupants aged under 55 years old) based on data provided by Epcon <br /> Communities. <br /> -Type of community is relatively new to the development landscape in the Raleigh-Durham- <br /> Chapel Hill region. <br /> -SGR of 0.019. <br /> -As these developments reach maturity and other age-restricted communities come to market, <br /> TischlerBise recommends updating the student generation rate calculation for age-restricted <br /> units. <br /> OCS Cost Per Student Summary <br /> - SUMMARY of costs —Gross <br /> Then —> <br /> - Adjusted for local share <br /> - MINUS principal payment credit for past debt issued of capacity projects for OCS <br /> - Net capital cost per student derived <br />