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p~ SCHOOL IMPACT <br />FEES: CHAPEL HILL-CARReORO Crnr SCHOOIS <br />Orange County, North Carolina <br />SCHOOL IMPACT FEE INPUT VARIABLES <br />Factors used to derive the Chapel Hill-Carrboro City Schools impact fee are summarized in <br />Figure 13. Impact fees for schools are based on student generation rates (i.e., public school <br />students per housing unit) and are only implemented on residential development. Level of <br />Service standards are based on current costs per student for school buildings, land, portable <br />classrooms, support facilities, and buses /vehicles as described in the previous sections and <br />summarized below. Also included in the fee is the cost for preparation of the impact fee study. <br />The consultant study cost per student is calculated based on the projected increase in student <br />enrollment over the next three years and is added to the capital cost per student to derive the <br />total cost per student. Three years reflect the typical length of time before the impact fees should <br />be reexamined to reflect changes in development and levels of service. <br />The total gross capital cost per student is the sum of the boxed cost components. For example, <br />for the elementary school portion, the calculation is as follows: $28,787 (building construction] + <br />$2,500 (land] + $398 (portables] + $1,160 (support facilities] + $572 (buses] + $36 (consultant cost] _ <br />$33,453 total gross cost per student. <br />This cost is then adjusted to reflect the local share of the cost at 99 percent, or $33,119 per <br />student. The credit for future principal payments ($6,127) is then subtracted from the gross local <br />capital cost per student to derive the net local capital cost per student ($26,992) for elementary <br />schools. The same approach is followed for middle and high schools. <br />Tischler~~se 20 <br />fhc=, [rmuniie ai.Plinnins Cai><.utian li- <br />