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Agenda - 09-16-2008 - 6d
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Agenda - 09-16-2008 - 6d
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Last modified
9/17/2008 1:19:15 PM
Creation date
9/17/2008 1:15:37 PM
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BOCC
Date
9/16/2008
Meeting Type
Regular Meeting
Document Type
Agenda
Agenda Item
6d
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Minutes - 20080916
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\Board of County Commissioners\Minutes - Approved\2000's\2008
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pRAF(' SCHOOL IMPACT FEES: Cwaret. Hlu.-C~sORO Cmr $CN00t5 <br />Orange County, North Carolina <br />METHODOLOGY <br />The Chapel Hill-Carrboro City Schools impact fee methodology is based on current average <br />public school student generation rates, level of service standards, and local costs. Figure 3 <br />illustrates the methodology used to calculate the fee. The school impact fees use an incremental <br />expansion approach, which documents the current level of service for public facilities in both <br />quantitative and qualitative measures. The intent is to use impact fee revenue to expand or <br />provide additional facilities, as needed to accommodate new development, based on the current <br />level of service and cost to provide capital improvements. All school levels are included in the <br />fees. Costs for school buildings, land for school sites, portable classrooms, support facilities, and <br />buses/vehicles are included in the fee. The costs are adjusted to account for estimated State <br />funding for capacity projects; therefore the fees reflect the County's share of the total costs. <br />Finally, a credit for future principal payments on existing debt is included. <br />Figure 3. Impact Fee Methodology Chart: Chapel Hill-Carrboro Schools <br />CFIAPEL HILL-(ARRBORO SCffOOLS <br />IMPACT FF.E <br />Residential <br />Development <br />Students per Housing Unit by Mulfiplied 13y Netloc~l <br />'T`ype of Unit (Student Generation Rate) Cost p~ Student <br />School Construction l <br />Cost per Student J <br />Plus land <br />Cost per Student <br />i <br />Plus Portable Classroom <br />Cost per Student <br />Plus Support Facility <br />Cost per Student <br />Plus Bus(Vehide <br />Cost per Student <br />]vlinus Principal Payment Credit <br />Per 5tudenl <br />Tischler~~se 11 <br />^sce', Camianiiea2Pihn~riq~ Cen:uh~nti. <br />
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