Agenda - 04-20-1993 - VII-C - Laserfiche WebLink

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3 as expenditures/revenues which are attributable to nonresidential development are excluded from the analyses. This assumption is best illlustrated by the listing of expenditures and revenues on page 33 of the April 5 agenda abstract. Debt service payments for school/County bonds and fund transfers to school/County capital reserve accounts are excluded from expenditures. [Note that the overall tax rate has been reduced to factor out such payments.] Likewise, half-cent sales taxes earmarked for capital improvements are excluded from revenues. Inventory taxes collected from businesses [nonresidential development] are excluded as are fund transfers for capital projects. Any appropriated fund balance from a preceding budget year is also excluded to focus on specific annual revenues without regard any carry-over from one year to the next. Data Considerations Persons Per Household. Perhaps the most important data, other than that obtained from the annual budget, is information concerning the number of persons per household and school age children per household. As shown on the attached comparison sheet, 1980 Census data for Chapel Hill Township was used to indicate the number of persons per household [2 .72] . Between 1980 and 1990, however, the number of persons per household declined from 2 .72 to 2 . 22 [See also page 2 of 4/5/93 agenda abstract] . The implications of such a decline are evident. Using the 1980 figure, the number of persons expected to live in the 22 new housing units is 59.84 or 60. If multiplied by the FY 1989-90 County per capita expenditures for General Government [$52 .80] , the expected cost is $3 , 159. 55 or $3 ,160 without inflation. When the FY 1992-93 per capita expenditure for General Government [$59. 59] is multiplied by the projected 48.84 or 49 new residents [22 units x 2 .22 persons per household] , the expected cost for General Government is $2, 910 or $250 less than the cost projected using FY 1989- 90 budget and 1980 Census data. School Age Children Per Household. The same change which occurred in data concerning persons per household also occurred with regard to school age children. However, an additional factor has affected the change in number of school age children per household. In 1980, Census data was not available pertaining to the number of school age children, only total children, per household. For this reason, the number of school age children had to be calculated using a set of "demographic multipliers" for the South Atlantic Region from The New Practitioner's Guide to Fiscal Impact Analysis [Buchell, Listokin, and Dolphin, 1985] . When compared to the more detailed 1990 Census, it appears that the number of school age children per household dropped dramatically. In the case of Chapel Hill Township, the "calculated" number of school age children per household in 1980 was 0. 67 . Based on 22 new housing units, the number projected number of school age children is 14 . 74 or 15. If multiplied by the FY 1989-90 County per student expenditure figure of $1, 057, the County expense for the 15 new students is $15, 580 without inflation.