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SCHOOL IMPACT FEES CHAPEL HILL - CARRBORO Ctn SCHOOLS Orange County, North Carolina TABLE OF CONTENTS EXECUTIVE Sif~~tMARY ..................................................................................................................................1 APPROACH AND METHODOLOGY ...................................................................:.....................................................2 MA)QMIIM SUPPORTABLE SCHOOL IMPACT FEES ...................................................................................:.............3 Figure 1. Maximum Supportable School Impact Fees: Chapel Hill-Carrboro City Schools ...........................3 OVERVIEW .........................................................................................................................................................4 INTRODUCTION TO IMPACT FEES ..........................................................................................................................4 CHAPEL I IILL-CARRBORO CITY SCHOOLS IMPACT FEE OVERVIEW .....................................................................7 STUDENT GENERATION RATES ................................................................................................................9 Figure 2. Student Generation Rates: Chapel Hill-Carrboro Schools ....................................... ......................10 IMPACT FEES: CHAPEL HILL-CA.ItIZBORO CITY SCHOOLS ....................................... ......................11 METHODOLOGY ............................................................................................................................. ......................11 Figure 3. Impact Fee Methodology Chart: Chapel Hill-Carrboro Schools ............................... ......................11 BUILDING AND SITE LEVEL OF SERVICE STANDARDS ................................................................... ......................12 Figure 4. Level of Service Standards: Chapel Hill-Carrboro Cittj Schools .............................. ......................12 Figure 5. Chapel Hill-Carrboro Cit<j Elementan~ Schools ...................................................... ......................13 Figure 6. Chapel Hill-Carrboro Cit<j Middle Schools ............................................................. ......................14 Figure 7. Chapel Hill-Carrboro Cit<j High Schools ................:................................................ ......................15 SCHOOL CONSTRUCTION COSTS ................................................................................................... .........:............15 Figure 8. School Project Costs ................................................................................................. ......................16 LAND COSTS ...........................................................•--...............----................................................. ......................16 PORTABLE CLASSROOM COSTS ...................................................................................................... ......................16 SUPPORT FACR,ITIES ...................................................................................................................... ......................17 Figure 9. Support Facilities -Chapel Hill-Carrboro Cit<,/Schools ........................................... ......................17 Figure 10. Support Facilities -Serving Orange Countlj and Chapel Hill-Carrboro Schools . ......................17 BUS /VEHICLES COSTS ................................................................................................................... ......................17 Figure 11. Buses /Vehicles Levels of Service and Costs: Chapel Hill-Carrboro Cihj Schools ......................18 ADJUSTIvIENT FOR NON-LOCAL FUNDING .................................................................................... ......................18 CREDTT FOR FUTURE PRINCII'AL PAYMENTS ON SCHOOL IMPROVEMENTS AND LAND .............. ......................18 Figure 12. Credit far Future Principal Pm,/ments: Chapel Hill-Carrboro Schools .................. ......................19 SCHOOL IIvII'ACT FEE INPUT' VARIABLES ....................................................................................... ......................20 Figure 13. Schools Impact Fee Input Variables: Chapel Hill-Carrboro City Schools .............. ...........:..........21 MAXIMUM SUPPORTABLE IMPACT-FEES FOR CHAPEL HILL-CARRBORO CITY SCHOOLS ............ ......................22 Figure 14. Maximum Supportable Schools Impact Fees: Chapel Hill-Carrboro City Schools ......................22 CASH FLOW PROJECTIONS .................................................................................................. ......................23 Figure 15. Cash Flow Projections: Chapel Hill-Carrboro Cifi,/ Schools .................................. ......................24 Tischler~ise fyG=, CcppOtliiC ar.Plaut{ug Ccn:utianti ~.