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pRgFl' SCHOOL IMPACT FEES: Cw~re~ Mu-G~laoeo Crrv SCHOOLS <br />Orange County, North Caro-ina <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 />fiznding 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 Chard Chapel Hill-Carrboro Schools <br />CIIA.['EL ILL-CARRIIORO SCHOOLS <br />Ib1PACT FF:E <br />Residential <br />Development <br />Sttrt~ents per Housing Unit by Mulfiplied By Net Local Capital <br />Type of Unit (Student Generation Rate) Cost per Student <br />School Construction <br />Cost per Student J <br />Plus Land <br />Cost per Student ~ <br />Plus Portable Classroom <br />Cost per Student <br />Plus Support Facility <br />Costpcr5tudent <br />Plus Bus/Vehicle <br />Cost per Student <br />Minus Principal Paymenti Credit <br />Per Student <br />TischlerB~s~ 11 <br />thad, [~osianiieai. Plalmiu~ Cc.ncu4~nit. <br />