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FISCAL IMPACT ANALYSIS FOR PLEASANT GREEN WOODS II RESIDENTIAL SERVICE STANDARD APPROACH Prepared by The Orange County Planning Department July, 2000 PROJECT. DESCRIPTION .. PLEASANT GREEN WOODS II subdivision contains 20 buildable lots and is located in Ena Township. The' lots are accessed by new public roads which will intersect with Phase 1 and Pleasant Green Road. The cun'ent zoning is R1 -- Rural Residential. The average lot size is approximately 1.51 acres. Lots will be served by individual wells and individual septic systems. Project build-out is estimated at three years. Housing units will be constructed, beginning in 2000, with completion of .the project scheduled for 2002. Units will consist of detached single-family homes, and the applicant estimates the average sales price to be $260,000 including the lot. METHODOLOGY Fiscal impact analysis is a projeckion of the direct, current, public costs and revenues associated with residential and non residential growth in the jurisdiction in which the growth is taking place. Fiscal impact analysis considers only direct impact in that it projects only the primary casts that will be incurred and the immediate revenues that will be generated. It calculates the financial effect of a planned development or new subdivision by considering the current costs and revenues such a development would generate if it were completed and occupied today. Fiscal impact analysis does not consider the private costs of public action. It is concerned only with public (governmental) costs and revenues. The method used in preparing the fiscal impact analysis is the Service Standard Approach. While only gross expenditures by service category are derived from the Per Capita Method, the Service Standard method determines the total number of additional employees by service function that will be required as a result of growth. This method employs average county government costs per person, average school costs per pupil, an employee to population ratio, and average operating expenses per employee for each service category and school district. The number of new employees are projected and multiplied times the average operating expenses (includes personnel, operating and capital costs) per employee. These average costs are then weighed against per capita.and per pupil revenues to project the total net fiscal impact of the development.