Orange County NC Website
TABLE OF CONTENTS <br />Pace <br />Introduction <br />1 <br />Basis For Impact Fees <br />2 <br />Use of Impact Fees <br />3 <br />Determining the Quantity of Needed Improvements <br />3 <br />Demand Units <br />4 <br />Service Standards <br />4 <br />Determining the Cost of Accommodating Development <br />6 <br />Proportionate'Share of Capital Costs <br />8 <br />Payments By New Development Toward Capital Costs <br />8 <br />Property Tax Revenues <br />g <br />Sales Tax Revenues <br />11' <br />Grants <br />13 <br />Projected Impact Fee Amounts <br />13 <br />Benefit Considerations <br />14 <br />Collection of Impact_ Fees <br />17 <br />Affordability Issues <br />1g <br />Impact Fees - Specific Issues <br />19 <br />Impact Fees - Reduced Fee Schedules'. <br />19 <br />Impact Fees - Number of Bedrooms <br />20 <br />Impact Fee Waivers /Exemptions <br />21 <br />Mortgage Payment Impacts <br />21 <br />Impacts - Existing Residents <br />21 <br />Offsets to Impact,Enes <br />22 <br />Conclusion <br />23 <br />APPENDIX <br />A -] <br />