Orange County NC Website
e 1 <br />ai enedict - C7~S .. Pag '2 <br />Cr g cti~ee.doc <br />~ 4 D .~.~.__ - _~.. __.. _ _. <br />School Impact Fees <br />Dran a Count North Carolina <br />Countywt a rausportatiou uppart act itres <br />Location Square Cost Per Replacement <br />Feet Square Foot Cost <br />QC Maintenance Facility 17,559 $50 $877,950 <br />QC Transportation Facility 11,704 $50 $555,200 <br />Transportation Center at CHHS 5,089 $50 $254,450 <br />•rnT ei 34.352 $1.717.600 <br /> Proportionate <br />Share 2001 <br />Demand Units Cost per <br />Demand Unit <br />Residential 100% 15,841 Av Daily Members $108 <br />Orange aunty tstrtct a ec es <br />Type of <br />Vehicle, <br />Light TrucksNans <br />Cars <br />Heavy Trucks <br />Activity B uses <br />'P l1T Ai <br />Units in Local Cost Replacement <br />Service Per Unit Cost <br />21 $26,700 $560,700 <br />12 $16,300 $195,600 <br />3 $48,700 $146,100 <br />14 $71,400 $999,600 <br />50 R3R_040 $1.902.000 <br /> Proportionate <br />Share 2001 <br />DemandUnits Cost per <br />Demand Unit <br />Residential 100% 6,254 Avg Daily Members $304 <br />Credit for Future Revenues <br />A general requirement that is common to impact fee methodologies is the evaluation of <br />credits. A revenue credit may be necessary to avoid potential double payment <br />situations arising from the payment of a one-time impact fee plus the payment of other <br />revenues that may also fund growth-related capital improvements. The determination <br />of credits is dependent upon the impact fee methodology used in the cost analysis. <br />There are three basic approaches used to calculate impact fees and each is linked to <br />different credit methodology. <br />21 <br />