Orange County NC Website
12 <br /> 1 c. Board of Commissioners Meeting Calendar for Year 2017 <br /> 2 The Board approved the final schedule of meetings for the Board of County Commissioners for <br /> 3 calendar year 2017. <br /> 4 <br /> 5 7. Regular Agenda <br /> 6 <br /> 7 a. School Impact Fee Updates <br /> 8 The Board considered adopting the updated school impact fee levels and amendments <br /> 9 to the General Code of Ordinances — Educational Facilities Impact Fees. <br /> 10 <br /> 11 Possible options for updated fee levels presented at the public hearing included: <br /> 12 1. As calculated, adopting at some percentage of the Maximum Supportable Impact Fees <br /> 13 (MSIF). <br /> 14 2. Collapsing the Single Family Detached category in the Orange County Schools district <br /> 15 (due to an unexpected result in this category), charging the "Average" for this housing <br /> 16 type in this district, charging fees as calculated for other housing types, and adopting at <br /> 17 some percentage of the MSIF. <br /> 18 3. Collapsing all housing type categories in both or either school districts, charging the <br /> 19 "Average" calculation by housing type, and adopting at some percentage of the MSIF. a. <br /> 20 Note for this option: Accessory dwelling units (e.g., granny flats) are included in the <br /> 21 multi-family category (0-2 bedrooms), so setting the fee for the "average" calculation <br /> 22 may result in an increase for accessory dwelling units, depending on the percentage of <br /> 23 MSIF chosen. <br /> 24 4. Options 1-3 can also be implemented by increasing the percentage of MSIF over a <br /> 25 period of time (e.g., adopt at x% effective 2017, y% effective 2018, and z% effective <br /> 26 2019). <br /> 27 <br /> 28 It should be noted that the adopted percentage of MSIF must be the same for all housing types <br /> 29 (e.g., fees cannot be adopted at 40% MSIF for one housing type and 60% MSIF for a different <br /> 30 housing type). <br /> 31 <br /> 32 Although no members of the public spoke at the public hearing, there was extensive discussion <br /> 33 on the impact fee topic. Discussion included: <br /> 34 • potential impacts on housing affordability; <br /> 35 • lack of availability of a regional school construction cost inflationary index; <br /> 36 • how units would qualify for the age restricted housing rate; <br /> 37 • how changes in demographics, including housing choices, have resulted in differences <br /> 38 in the impacts by housing types which could result in potential large increases in impact <br /> 39 fees for some housing types, particularly multi-family, due to the large increase in the <br /> 40 housing type's proportional impact on student membership; and <br /> 41 • comments about which potential option to choose, including potential phasing, and at <br /> 42 which percentage levels. <br /> 43 <br /> 44 Additional information regarding the "breakeven point" between current and updated fees was <br /> 45 also requested by the BOCC. Details of this information, including assumptions regarding <br /> 46 projected dwelling unit counts and bedroom count splits, are included in Attachment 1. In order <br /> 47 to calculate the estimated impact fee collection amounts if fees are collected based on the <br /> 48 number of bedrooms a unit contains, staff assumed a 50/50 split between units with fewer <br /> 49 bedrooms and units with a greater number of bedrooms. If actual construction differs <br /> 50 significantly from assumptions, actual impact fee amounts collected would be different (either <br />