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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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pRA~ SCHOOL IMPACT FEES: Owwoe Courrrv $CHOOIs <br />Orange County, North Carolina <br />METHODOLOGY <br />The Orange County Schools impact fee methodology is based on current average public school <br />student generation rates, level of service standards, and local costs. Figure 3 illustrates the <br />methodology used to calculate the fee. The school impact fees use an incremental expansion <br />approach, which documents the current level of service for public facilities in both quantitative <br />and qualitative measures. T'he intent is to use impact fee revenue to expand or provide <br />additional facilities, as needed to accommodate new development, based on the current level of <br />service and cost to provide capital improvements. All school levels are included in the fees. <br />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: Orange County Schools <br />ORANGE COLiN2Y SCHODLS <br />IMPACT FEE <br />Residential <br />Development <br />Students per Housing Unit by l f b4uttiplied By Net Local Capital <br />Type of Unit (Student Gencra6on Rate) J l Cost per Student <br />School Construction <br />Cost pcr Student <br />Plus Land. <br />Cost per Student <br />Plus Portable Classroom <br />Cost per Student <br />t <br />Plus Support Facility i <br />Cost per Student <br />i <br />Plus Bus/Vehide <br />Cost per Student <br />- _~ <br />Minus Prinapal Payment Credit <br />Per Student <br />Tischleir~~~: 11 <br />(ISC2,[~ndonicSi.Plann~npfcn:uViants <br />
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