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NCDOT has limitations on their authority to ask for transportation improvements, both Orange County <br />and Hillsborough can require an augmented design and construction. <br />FINANCIAL IMPACT: A preliminary fiscal impact statistical report is attached. The tables note <br />expenditures (Table 1) and revenues (Table 2). <br />The calculations are basic since the information, service populations and budget are in the formative <br />stages of development. Non - residential fiscal impacts have never been generated previously and my <br />office is in the process of receiving input from all departments on the impacts of non - residential activity. <br />A model could then be more appropriately developed. Irrespective of the basal nature of the tables and <br />calculations, the numbers do show that development in most cases is not a revenue windfall. <br />The Town of Hillsborough analysis showed a deficit in early years with an eventual surplus in later years <br />which is primarily due to their provision of water and sewer. Hillsborough administration (as noted in <br />their fiscal report and presentation) and I will clearly add our disclaimers to the varied assumptions that <br />are made in this analysis. I believe property values are high and the feasibility of the scales of non- <br />residential development is questionable; both of which could distort revenue projections higher. <br />.,RECOMMENDATION(S): Receive as a report. <br />V <br />2 <br />