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14-finch rv-l-ent Z <br /> 0 <br /> Educational Facilitie- Impact Fees ' - ew <br /> Orange County Schools . .... - <br /> Chapel HiIi-Carrboro City Schools <br /> orange County,North Carolina • Introduction <br /> • Overview <br /> Pwe n etioe to .,..l - -Impact Fees <br /> Orange County _ - Process for the Studbs <br /> C`moECounty • Im act Fee Results b S stem <br /> Commissioners �, p � Y System) <br /> "`" -Methodologies <br /> December 1,2008 - Levels of Service&Costs <br /> - Maximum Supportable Amounts <br /> TISCdtlf $ n • Q&A <br /> • National Practice The purpose is to: <br /> • Impact Fees(700+) ;: , "% <br /> __<• Fiscal Impact ". , . Help defray the costs to the County <br /> Evaluations(600+) ..2.-:.„. °. __ -,-„*...7`...:,.-„ of constructing certain capital <br /> • Infrastructure Needs •": •�� <br /> �� ; ' • '' •' '•, . improvements, the need for which is <br /> &Revenue Strateges , created in substantial part by the new <br /> • Public and Private `-f development that takes place within the <br /> Sector Experience* County." <br /> •Norte Corollas ala+tsr CaWrrvs county,Comden C purity,C7raw6►Co war, St.1987460:'4n Act Maklrc Sundry Mam:to nts <br /> anthem county,C.MWd3 car MY'patx county,G1aRrdCOUnty,tnwNam.a Conceminplocal Governments in Orange and Chatham <br /> lc gemsr *e. wane coo nty,Can,www.,,o r,owe am,na «Mae, - CWmttes,Trtte VI:Orange Countyimpect Fees.” <br /> ladnonvxae,N aas trarb taR.wNmurato n,and tnNDn, <br /> ore awK.ac.a I o"wwvuc•• <br /> • Represent new growth's fair share of the • Interview key staff <br /> cost for capital facility needs • Analyze demographic data <br /> • Used for capacity expansions • Consider methodologies and determine levels of <br /> • Not a revenue raising mechanism but a service <br /> way to provide growth-related • Determine capital costs <br /> infrastructure • Evaluate inclusion of credits <br /> •Three requirements must be met: • Determine maximum supportable fee <br /> - Impact:Growth is generating need for infrastructure amounts for each School System <br /> - Benefit:Timing of improvements;Accounting and <br /> • Staff review <br /> expenditure(*taro& = • Presentations to the Pubic <br /> - Proportionality:Pair share of cost • Decision by elected officials <br /> __ tbleg.iii aw,aaroc.. awe•-o.+c.. <br /> 1 <br />