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Agenda - 10-07-2008 - 4n
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Agenda - 10-07-2008 - 4n
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10/7/2008 11:07:37 AM
Creation date
10/7/2008 11:03:06 AM
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BOCC
Date
10/7/2008
Meeting Type
Regular Meeting
Document Type
Agenda
Agenda Item
4n
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Minutes - 20081007
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\Board of County Commissioners\Minutes - Approved\2000's\2008
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pRA~ SCHOOL IMPACT FEES: Otu~oe Courm SCHOOLS <br />Orange County, North Carolina <br />MAXIMUM SUPPORTABLE IMPACT FEES FOR ORANGE COUNTY SCHOOLS <br />Figure 14 shows the schedule of maximum supportable impact fees for Orange County Schools. <br />The fees are calculated by multiplying the student generation rate for each housing type (shown <br />at the top of Figure 13) by the net capital cost per student for each type of school. Each <br />component is then added together to derive the total public school impact fee. <br />For example, for a single family detached unit, the elementary school portion of the fee is <br />calculated by multiplying the student generation rate of .168 by the net local capital cost per <br />elementary student of $21,316, which results in $3,581 per single family detached housing unit <br />for the elementary level. This is repeated for the other school levels. The three portions of the fee <br />are added together to calculate the total fee by type of residential unit (i.e., for single family <br />detached: $3,581 + $2,485 + $3,306 = $9,372.) <br />Figure 14. Maximum Supportable Schools Impact Fees: Orange County Schools <br />MAXIMUM ALLOWABLE SCHOOL IMPACT FEES: Orange County Schools <br />Impact Fee Per Housing Unit Elementary Middle High TOTAL <br /> Single Family Detached $3,581 $2,485 $3,306 $9,372 <br /> Single Family Attd/Multifamily $1,406 $607 $892 $2,905 <br /> Manufachued Homes ~ $2,046 $1,132 $1,285 $4,463 <br /> <br />~ Because the analysis uses figures carried to their ultimate decimal places, the sums and products shown may not <br />equal the sum or product if the reader replicates the calculation with the factors shown in the report. <br />Tischler~as~ 21 <br />thc~, [[h^,mKai. Piinnhig Cenwtianti <br />
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