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11 <br /> FISCAL IMPACT ANALYSIS FOR GOVERNOR'S GROVE SUBDIVISION <br /> SERVICE STANDARD APPROACH <br /> Prepared by <br /> The Orange County Planning Department <br /> July, 1993 <br /> PROJECT DESCRIPTION <br /> Governor's Grove is a proposed 116-lot major subdivision located on the east and west <br /> sides of Governor Scott Road between Mill Creek Road and Efland-cedar Grove Road. Tne <br /> average lot size is approximately 1.40 acres. All lots will be served by individual <br /> wells and septic tanks, and public roads. <br /> For Governor's Grove, project build-out is estimated at three years. Housing units will <br /> be constructed, beginning in 1994, with completion of the project scheduled for 1996 . <br /> Units will consist of detached single-family homes, and the applicant estimates the <br /> average sales price to be $75,000, including the lot. <br /> METHODOLOGY <br /> Fiscal impact analysis is a projection of the direct, current, public costs and <br /> revenues associated with residential and non residential growth in the jurisdiction in <br /> which the growth is taking place. Fiscal impact analysis considers only direct impact <br /> in that it projects only the primary costs that will be incurred and the immediate <br /> revenues that will be generated. it calculates the financial effect of a planned <br /> development or new subdivision by considering the current costs and revenues such a <br /> development would generate if it were completed and occupied today. Fiscal impact <br /> analysis does not consider the private costs of public action. It is concerned only <br /> with public (governmental) costs and revenues. <br /> The method used in preparing the fiscal impact analysis is the Service Standard <br /> Approach. While only gross expenditures by service category are derived from the Pe: <br /> capita Method, the Service Standard method determines the total number of additional <br /> employees by service function that will be required as a result of growth. This met.-oc <br /> employs average county government costs per person, average school costs per pupil, an <br /> employee to population ratio, and average operating expenses per employee for each <br /> service category and school district. The number of new employees are projected and <br /> multiplied times the average operating expenses (includes personnel, operating and <br /> capital costs) per employee. These average costs are then weighed against per capita <br /> and per pupil revenues to project the total net fiscal impact of the development. <br />