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HomeMy WebLinkAboutAgenda - 11-17-1998 - 10bORANGE COUNTY BOARD OF COMMISSIONERS ACTION AGENDA ITEM ABSTRACT Meeting Date: November 17, 1998 SUBJECT: School Impact Fee Technical Report Update DEPARTMENT: County Manager/Planning ATTACHMENT(S): Report Action Agenda Item No. 10.1 PUBLIC HEARING: (Y/N) BUDGET AMENDMENT: (Y/N) INFORMATION CONTACT: Rod Visser, ext 2300 Gene Bell, ext 2592 TELEPHONE NUMBERS: Hillsborough 732 -8181 Chapel Hill 968 -4501 Durham 688 -7331 Mebane 336- 227 -2031 PURPOSE: To receive an updated technical report on school impact fees. BACKGROUND: During the past summer, the County contracted with the University's Department of City and Regional Planning to produce an updated technical report on the County's school impact fees. These updates are prepared periodically to ensure there is a reasonable basis for the level of impact fees imposed on each new residential dwelling unit. The work for this project was conducted by Professor Emil Malizia, and two of his graduate students, Sara Hinkley and Jeremy Klop. Staff will provide a brief report to the Commissioners on the consultants' findings. The consultants will be available to respond to any questions. There is no required Board action at this time, nor any anticipated amenaments to the County's school impact fee ordinance resulting from the work completed by the consultants. The maximum impact fees chargeable in the County's two school systems, based on the analysis in the consultants' report, are $10,320 for the Chapel Hill - Carrboro school district, and $3,474 for the Orange County Schools. The comparable figures in the previous technical report were $11,593 and $3,404. The current impact fees of $3,000 and $750 for CHCCS and OCS, respectively, are well supported by the consultants' findings. RECOMMENDATION(S): The Manager recommends that the Board receive the report for information only at this time. 2 Technical Report Calculation of Proportionate Share Impact Fees for Financing Public School Capital Needs Orange County, NC Prepared May, 1993 Updated May, 1995 Updated May, 1996 Updated August, 1998 Technical Report 3 INTRODUCTION For a number of years, Orange County has pursued an objective of helping to fund school capital needs created by growth in the county from financial contributions from the owners of development engendering those capital needs. During the 1987 Session, the General Assembly authorized Orange County to levy impact fees in its planning jurisdiction for a number of needs, including school capital [Title VI, Chapter 460, of the 1987 Session Laws]. In 1988 -89, a joint governmental work group investigated the possibilities of levying an impact tax as opposed to a fee. Subsequently, Orange County proposed legislation in the 1991 Session of the General Assembly seeking the authority to impose an impact tax for school capital needs in the county. Although the legislation was withdrawn due to opposition in the legislature, Orange County did receive authority to impose impact fees for school capital needs throughout the county, not just within Orange County's planning jurisdiction [Chapter 324 of the 1991 Session Laws]. The purpose of this report is to update the Technical Report initially prepared in June, 1993, which recommended an impact fee structure for financing school capital needs in Orange County. The Technical Report was first revised in May, 1995 and 1996 to include new cost data for school construction. The 1996 report provides updated cost information and incorporates the recommendations of the School Facility Construction Standards Work Group and the findings of a graduate student study of student generation rates in new housing built between 1992 and 1994. This report incorporates new cost information as well as updated revenue projections and benefit considerations. The methodology used to calculate the impact fees is based, in part, on similar techniques used by Anne Arundel County, Maryland and Broward County, Florida, two jurisdictions which have implemented a system of impact fees for financing school capital needs. These sources and others used in the preparation of this report include the following: Snyder, Thomas P., and Michael A. Stegman, Paying For Growth: Using Development Fees to Finance Infrastructure. Washington, D.C.: The Urban Land Institute, 1987. Nelson, Arthur C., ed., Development Impact Fees: Policy Rationale, Practice, Theory, and Issues. Chicago: American Planning Association, 1988. Nicholas, James C., The Calculation of Proportionate -Share Impact Fees, Planning Advisory Service Report Number 408. Chicago: American Planning Association, 1988. School Capital Needs Advisory Committee, Report to Board of County Commissioners. Hillsborough: Orange County, 1991. Stroud, Nancy E„ and James C. Nicholas, Impact Fee Summary and Technical Report: Roads and Schools, Anne Arundel County, Maryland. Annapolis: Anne Arundel County, 1987. Lighthizer, James, Report of the Study Committee on Bill 27 -87 and Bill 46 -87 Establishing Impact Fees. Annapolis: Anne Arundel County, 1987. Technical Report 4 Anne Arundel County, Maryland, Development Impact Fee Ordinance, Bill 50 -87. Wolf, Audrey L., Broward County Educational Fee: An Evaluation of the Quantitative Adequacy of the Generation Rates. Fort Lauderdale: Broward County, 1987. School Board of Broward County, Florida, Recommended Standards and Procedures For An Educational Impact Fee. Fort Lauderdale: Broward County, 1987. Broward County, Florida, Land Development Code. Fort Lauderdale: Broward County, I•:' Broward County, Florida, Dedication/Payment In Lieu Provisions - School Sites, Ordinance 79 -1. Clapp- Smith, Merritt, and Karen Kristiansson, A Study of Housing Characteristics and Student Generation Rates for Orange County, N.C. Hillsborough: Orange County, 1995. School Facility Construction Standards Work Group, School Facility Construction Standards Report. Hillsborough: Orange County, 1996. N.C. Department of Public Instruction, North Carolina Public Schools Facility Standards: A Guide for Planning School Facilities. Raleigh: N.C. Department of Public Instruction, 1995. Basis for Impact Fees Impact fees are generally imposed as a condition for some approval to proceed with development. The objective of such fees is not to raise money but to insure adequate public facilities. Where such facilities are inadequate, permitting development runs counter to the responsibility of a local government to protect public health, safety, and welfare. If the question is one of adequate public facilities, the issue, then, is who should be financially responsible for such adequacy? The community and the property owner are the available candidates to bear such responsibility. It may be argued that the community should alone be financially responsible for needed facilities because the community benefits from new housing, job creation, and tax base enhancement. However, it may also be argued that imposing all such costs upon the community is unfair since many members of the community may receive no direct benefits from the development of the property. Increasingly, the answer is that the community need not absorb all costs but may impose a proportionate, or fair, share of such costs upon new development. Impact fees are the vehicle through which new development pays a proportionate share of facility costs. Proportionate share is a financial contribution that would generally be less than total cost. Technical Report 5 Use of Impact Fees Impact fees are generally confined to payments for capital facilities and allow the community to provide the capital facilities that new development will require. Nationwide, impact fees have been established to pay for capital improvements to the following facilities and services: Potable Water Solid Waste Arterial Roads Local Roads Parks Fire Protection Public Buildings Emergency Medical Services Sewers Drainage Collector Roads Public Schools Public Libraries Law Enforcement Public Cemeteries Under Title VI, Chapter 460, of the 1987 Session Laws, Orange County may impose impact fees within its planning jurisdiction for land acquisition for open space and greenways, capital improvements to public streets, schools, bridges, sidewalks, bikeways, on and off - street surface water drainage ditches, pipes, culverts, other drainage facilities, water and sewer facilities, and public recreation facilities. Chapter 324 of the 1991 Session Laws enables Orange County to impose impact fees for school capital improvements countywide. Chapter 642 of the 1993 Session Laws enables Orange County to use impact fees to finance debt service payments and payments under leases. DETERMINING THE QUANTITY OF NEEDED IMPROVEMENTS The objective of determining a proportionate share of costs is to ensure fairness in impact fees. Proportionality calculations begin with a determination of physical quantities of facilities that new development will require. The need for such facilities can be expressed mathematically in terms of demand units and standards of service: Needed Improvements = Demand Unit x Service Standard Demand Units A "demand unit" is a unit associated with new development that generates the need for improvements in public facilities. For purposes of identifying school capital outlay needs, the demand unit most often used is the average number of school -age children per residential housing unit, commonly referred to as a "student generation rate ". In previous reports, student generation rates were calculated using 1990 census data. In 1994, however, a survey in the Carrboro area suggested that the use of student generation rates based on 1990 household data could be resulting in lower impact fees than justified. The survey of six single - family residential subdivisions revealed an average of 0.68 pupils per dwelling. That number was over twice the 1990 Census figure of 0.29 school age children per household in Chapel Hill Township. TABLE 1 SUMMARY STATISTICS FOR NEW HOUSING UNITS 1992 THROUGH 1994 Housin Units b School District and Dwellin T e School Attendance Characteristics Oran e Count School District Cha el Hili-Carrboro School District SF MH Mod A t Town Du I All SF MH Mod A t Town Du 1 All Total Units 539 508 25 35 0 6 1113 926 19 1 55 6 61 1068 Without School Age Children 413 400 18 20 0 6 857 524 15 1 29 5 57 631 With School Age Children 126 108 7 15 0 0 256 402 4 0 26 1 4 437 Number of School Age Chtldren 170 152 12 30 0 0 364 622 4 0 44 1 4 675 Elementary School 112 94 7 20 0 0 233 350 2 0 31 1 0 384 Middle School 25 29 3 5 0 0 62 138 1 0 7 0 0 146 High School 33 29 2 5 0 0 69 134 1 0 6 0 4 145 Percent Units With School Age Children 23% 21% 28% 43% 0% 0% 23% 43% 21% 0% 47% 17% 7% 41% Percent Student Distribution Elementary School 66% 62% 58% 67% 0% 0% 64% 56% 50% 0% 70% 100% 0% 57% Middle School 15% 19% 25% 17°/a 0°/a 0% 17% 22% 25% 0% 16% 0% 0% 22% Hi h School 19% 19% 17% 17% 0% 0% 19% 22% 25% 0% 14% 0% 100% 21% Housin Units b School District and Dwellin T e Student Generation Rates Oran e Count School District Cha el Hill-Carrboro School District SF MH Mod A t Town Du I All SF MH Mod A t Town Du I All All Schools 0.32 0.30 0.48 0.86 0.00 0.00 0.33 0.67 0.21 0.00 0.80 0.17 0.07 0.64 Elementary School 0.21 0.19 0.28 0.57 0.00 0.00 0.21 0.38 0.11 0.00 0.56 0.17 0.00 0.36 Middle School 0.05 0.06 0.12 0.14 0.00 0.00 0.06 0.15 0.05 0.00 0.13 0.00 0.00 0.14 Hi h School 0.06 0.06 0.08 0.14 0.00 0.00 0.06 0.14 0.05 0.00 0.11 0.00 0.07 0.14 Source:A Study of Housing Characteristics and Student Generation Rates for Orange County, N.C. Legend: SF Single-Family APT Apartment MH Mobile Home TOWN Townhouse MOD Modular Home DUPL Duplex o� Technical Report 7 During the Summer of 1995, two graduate students from the Department of City and Regional Planning at the University of North Carolina were employed by Orange County to collect data through which to calculate updated student generation rates. Data for the study was collected for all new housing units which received a certificate of occupancy between January 1, 1992 and December 31, 1994. Spring 1995 enrollment information for public school students was also collected and matched to the housing unit data. The result was a data set containing a list of all new housing units in the county, their characteristics, and the number of public school children in each housing unit. Two separate data sets, one for the Chapel Hill - Carrboro School District and one for the Orange County School District, were created in this way. Shown in Table 1 are summary statistics from that study. One of the most surprising results is that fewer than 50% of new housing units in both school districts are occupied by families with children currently in the public school system. In addition, the percentage of units with children varies among the two school districts, with the percentage of units with children markedly higher in the Chapel Hill- Carrboro School District (41 %) than in the Orange County School District (23 %). Most of the public school children in new housing units are elementary school children, with smaller numbers in middle school and high school. Compared with the distribution of all public school children in the 1994 -95 school year, new housing units have a greater proportion of elementary school students than the population at large. This comparison is shown in Table 2 below. TABLE 2 COMPARISON OF STUDENT DISTRIBUTION BY SCHOOL TYPE AND SCHOOL DISTRICT 1994 -95 SCHOOL YEAR AND 1992 -94 HOUSING UNITS Source: A Study of Housing Characteristics and Student Generation Rates for Orange County, N.C. In terms of student generation rates, the 1995 study confirmed the results of the 1994 Carrboro study but produced another surprising result. In spite of the large number of families in new housing units without children, there is still a high student generation rate for new housing units in the Chapel Hill - Carrboro School District - 0.64 students per unit. As shown in Table 3 on the following page, the overall student generation rate for new housing in the Chapel Hill- Carrboro School District is substantially higher than the estimate of 0.29 students per unit used in the 1995 Technical Report. The difference is due in part to the fact that the 1995 Technical Report relied on available 1990 Census data. Another reason may be changes in the type of housing units being constructed as well as birth rates in new families. In contrast to the Chapel Hill - Carrboro School District, the Orange County School District has a much lower student generation rate for new housing - 0.33 students per unit. This number is lower School District Orange County Chapel Hill - Carrboro School Type 1992 -94 1994 -95 1992 -94 1994 -95 Housing Units School Year Housing Units School Year Elementary 64% 50% 57% 48% Middle School 17% 23% 22% 24% High School 19% 270/o 21% 28% Source: A Study of Housing Characteristics and Student Generation Rates for Orange County, N.C. In terms of student generation rates, the 1995 study confirmed the results of the 1994 Carrboro study but produced another surprising result. In spite of the large number of families in new housing units without children, there is still a high student generation rate for new housing units in the Chapel Hill - Carrboro School District - 0.64 students per unit. As shown in Table 3 on the following page, the overall student generation rate for new housing in the Chapel Hill- Carrboro School District is substantially higher than the estimate of 0.29 students per unit used in the 1995 Technical Report. The difference is due in part to the fact that the 1995 Technical Report relied on available 1990 Census data. Another reason may be changes in the type of housing units being constructed as well as birth rates in new families. In contrast to the Chapel Hill - Carrboro School District, the Orange County School District has a much lower student generation rate for new housing - 0.33 students per unit. This number is lower Technical Report 8 than the 1995 Technical Report estimate based on 1990 Census data - 0.45 students per housing unit - and may be due to lower birth rates in new families in rural portions of the county. TABLE 3 COMPARISON OF STUDENT GENRATION RATES BY SCHOOL TYPE AND SCHOOL DISTRICT 1994 -95 SCHOOL YEAR AND 1992 -94 HOUSING UNITS Source: A Study of Housing Characteristics and Student Generation Rates for Orange County, N.C. and 1995 Technical Report. Support for such trends exists in the form of student enrollment numbers. As shown in the graphs in Table 4, average daily memberships in elementary, middle, and high schools in the Chapel Hill - Carrboro School District have increased at higher rates than those in the Orange County School District, a trend which reflects the higher student generation rates in the district. For this reason, the 1995 student generation rates are used as the basis for calculating impact fees in this report. Service Standards A "service standard" is generally expressed in terms related to land development. For example, a service standard for schools might be expressed in terms of square feet of building [or land] area per student. Standards used in determining need are best established within the comprehensive plan. In the absence of such standards, those recommended by state agencies may be used. In North Carolina, minimum service standards for public schools are set by the N.C. Department of Public Instruction. These standards are contained in the 1995 publication, North Carolina Public Schools Facility Standards: A Guide for Planning School Facilities. Care should be taken when using such standards for they would still have to be compared with the existing community standard. Moreover, such standards should relate to both existing developments and new developments. The application of the same standard to both components of the community means that new development cannot be required to raise the standard. If the community wants to raise the existing standard of service, it must identify the existing deficiency and make provisions to eliminate those deficiencies by means other than impact fees. In reports prior to 1996, service standards for the purpose of calculating public school impact fees were based on a comparison of the minimum state standards with existing community standards; e.g., "local averages" based on a survey of all public schools in the county. This methodology was used School District Orange County Chapel Hill- Carrboro 1990 1995 1990 1995 School Type Census Housing Study Census Housing Stud All Schools 0.45 0.33 0.29 0.64 Elementary 0.22 0.21 0.14 0.36 Middle School 0.10 0.06 0.07 0.14 High School 0.12 0.06 0.08 1 0.14 Source: A Study of Housing Characteristics and Student Generation Rates for Orange County, N.C. and 1995 Technical Report. Support for such trends exists in the form of student enrollment numbers. As shown in the graphs in Table 4, average daily memberships in elementary, middle, and high schools in the Chapel Hill - Carrboro School District have increased at higher rates than those in the Orange County School District, a trend which reflects the higher student generation rates in the district. For this reason, the 1995 student generation rates are used as the basis for calculating impact fees in this report. Service Standards A "service standard" is generally expressed in terms related to land development. For example, a service standard for schools might be expressed in terms of square feet of building [or land] area per student. Standards used in determining need are best established within the comprehensive plan. In the absence of such standards, those recommended by state agencies may be used. In North Carolina, minimum service standards for public schools are set by the N.C. Department of Public Instruction. These standards are contained in the 1995 publication, North Carolina Public Schools Facility Standards: A Guide for Planning School Facilities. Care should be taken when using such standards for they would still have to be compared with the existing community standard. Moreover, such standards should relate to both existing developments and new developments. The application of the same standard to both components of the community means that new development cannot be required to raise the standard. If the community wants to raise the existing standard of service, it must identify the existing deficiency and make provisions to eliminate those deficiencies by means other than impact fees. In reports prior to 1996, service standards for the purpose of calculating public school impact fees were based on a comparison of the minimum state standards with existing community standards; e.g., "local averages" based on a survey of all public schools in the county. This methodology was used TABLE 4 COMPARISON OF STUDENT ENROLLMENT BY SCHOOL TYPE AND SCHOOL DISTRICT 1989 -90 TO 1997 -98 Chapel Orange Hill /Carrboro County 89 -90 2797 2428 90 -91 2872 2432 91 -92 3054 2500 92 -93 3273 2549 93 -94 3469 2592 94 -95 3651 3088 95 -96 3814 2782 96 -97 3850 3043 97 -98 3875 3087 Chapel Orange HiIVCarrboro County 89 -90 1285 1179 90 -91 1430 1186 91 -92 1519 1196 92 -93 1601 1257 93 -94 1651 1255 94 -95 1747 1239 95 -96 1877 1243 96 -97 1969 1330 97 -98 2012 1387 Chapel Orange Hill/Carrboro County 89 -90 1572 1325 90 -91 1576 1313 91 -92 1636 1331 92 -93 1801 1380 93 -94 1880 1379 94 -95 1998 1396 95 -96 2087 1455 96 -97 2230 1545 97 -98 2294 1519 Source: NC Department of Public Instruction l School wear 01 Technical Report 10 since locally adopted service standards for public schools did not exist, and the use of "local averages" was a case of historical circumstance rather than a clear decision on what standards were best for the county. In May 1995, an eight member group known as the School Facility Construction Standards Work Group began work on developing school construction standards for both school districts. Comprised of two representatives from the Board of County Commissioners, two representatives from each of the two School Boards, and two parent representatives, the Work Group sponsored a workshop in October 1995 to educate its members and the general public on school construction issues, including education program requirements, state facility standards, facilities management cost, and effective school design. Following the workshop, the two school systems, working together and with their architects, proposed elementary and middle school facilities based on recently constructed projects. These facilities were compared to the N.C. Department of Public Instruction guidelines and used to define a basic school and three tiers. While the basic school standard generally followed the state guidelines, the three tiers addressed the following concerns: • Additional staff work space and conference room space (Tier 1); • Space for after- school programs (Tier 2); and • Space for additional storage, staff support areas, student common areas, and project/team rooms (Tier 3). In January 1996, a public hearing was held on the basic school and additional tiers. Subsequently, the Work Group adopted the standards for the Middle School, including all space through Tier Three, or 132,192 square feet. The standards for the Elementary School included the basic school, plus additional space for after- school use and storage. The overall size of the facility was reduced from the original proposal by 4,000 square feet to 95,225 square feet. This reduction was primarily in space for additional workrooms and conference rooms. Because there are no long -range plans for the construction of a new high school in the county, the Work Group did not address high school facility standards. The report of the School Facilities Construction Standards Work Group was submitted to the Chapel Hill - Carrboro Board of Education and to the Orange County Board of Education for comment. Following receipt of their comments and the Work Group's report, the Board of County Commissioners adopted a slightly modified set of school standards in May, 1996. The action of the Board of Commissioners combined the Tier 1 standards with those of the "basic school" to form a new set of basic school standards. Tiers 2 and 3 were retained but labeled Tiers A and B. The adopted standards are shown in Appendix A. To determine how the adopted standards compared to existing facilities, all public schools in the county were surveyed to identify building area, land area, and capacity characteristics. "Local 11 TABLE 5 COMPARISON OF CURRENT SCHOOL DISTRICT FACILITIES WITH ADOPTED SCHOOL FACILITY CONSTRUCTION STANDARDS STANDARDS School Building Size (Sq Ft and Area Acres School Capacity Students Sq Ft Per Student Building Land ORANGE COUNTY SCHOOLS ELEMENTARY G.A. Brown 74016 20.00 572 129 1523 Cameron Park 70812 20.38 594 119 1495 Central 52492 25.62 506 104 2206 Efland Cheeks 64316 20.22 572 112 1540 New Hope 100164 28.54 594 169 2093 AVERAGE/TOTAL 72360 22.95 568 127 1761 ADOPTED STANDARD 95235 16.00 600 159 1162 MIDDLE 63563 18.80 570 111 1436 A. L. Stanback 137770 34.32 800 172 1869 C.W. Stanford 107620 32.78 726 148 1967 AVERAGE/TOTAL 122695 33.55 763 161 1915 ADOPTED STANDARD 132192 22.00 700 189 1369 Orange High School 213509 65.30 1518 141 1874 ADOPTED STANDARD NA NA NA NA NA CHAPEL HILL - CARRBORO SCHOOLS ELEMENTARY Carrboro 67537 20.81 607 111 1493 Ephesus 68661 13.36 546 126 1066 Estes Hills 42468 17.24 522 81 1439 Frank P. Graham 60968 11.24 584 104 838 Glenwood 43435 9.50 475 91 871 Seawell 63873 28.96 608 105 2075 McDougle 98000 11.7 650 151 784 AVERAGE / TOTAL 63563 18.80 570 111 1436 ADOPTED STANDARD 95235 16.00 600 159 1162 MIDDLE Culbreth 112647 35.66 506 223 3070 Phillips 103251 25.00 726 142 1500 McDougle 136256 40.60 740 184 2390 AVERAGE/TOTAL 117385 33.75 657 179 2237 ADOPTED STANDARD 132192 22.00 700 189 1369 HIGH SCHOOL Chapel Hill 253926 75.20 1680 151 1950 East Chapel Hill 255948 74.08 1500 171 2151 AVERAGE/TOTAL 254937 74.64 1590 160 2045 ADOPTED STANDARD NA NA NA NA NA Source: Orange County School Board, Chapel Hill - Carrboro School Board, Orange County Land Records and Appendix A. Technical Report 12 averages" were calculated, including figures for the number of square feet of building and land area per student, and compared to the adopted standards. The calculations are shown in Table 5. As evidenced by the comparison, the adopted standards for building size exceed the "local averages" in the elementary and middle school cases. Since new development cannot be required to raise the level of service standard, "local averages" must be used in calculating impact fees. DETERMINING THE COST OF ACCOMMODATING DEVELOPMENT Once physical quantities are established, costs must be determined. The manner in which cost information is obtained or expressed is an important factor in establishing standards because the objective is first to determine capital improvement cost per unit of development and then determine a proportionate share of those costs. It follows that standards, costs, and shares of costs must be in consistent units. The best source of this data are actual local records. Fortunately, such records for new school construction in Orange County are available. The New Hope Elementary School opened in 1991, the new A.L. Stanback Middle School in 1995, the McDougle Middle School in 1994, the McDougle Elementary School in 1996, and the East Chapel Hill High School in 1996. Using cost data for these projects as well as information from the N.C. Department of Public Instruction and the architects of the School Boards, the School Facility Constructions Standards Work Group was able to calculate the estimated cost of new elementary and middle schools. These costs and the capital cost per student for each type of facility are shown in Table 6. Cost estimates for new high school facilities are based on the construction costs for East Chapel Hill High School opened in 1996. As noted previously, there were no long -range plans for the construction of a new high school in the county in 1995, and the Work Group did not address high school facility standards. However, both school districts have identified the need for additions to existing high school facilities during the ten -year school improvement program period and Orange County has identified the need for a new High School.. Classroom space for an additional 500 students as well as a cultural arts building and auditorium, a second gymnasium, an infant and pre - school facility, and athletic facilities are needed at the new East Chapel Hill High School by the year 2002. These facilities are needed to complete sections of the school that were eliminated during initial construction. The estimated cost for these additions and the capital cost per student are shown in Table 7. Multiplying the service provision standards, per demand unit, by the capital cost per unit of service establishes the capital improvement cost per unit of development. This also may be expressed as a formula: Total Cost = Needed Improvements x Cost Per Unit f 1 TABLE 6 CALCULATION OF NEW SCHOOL FACILITIES CAPITAL COST BY SCHOOL TYPE AND PER STUDENT ORANGE COUNTY, N.C. Elementary Middle Construction Item School School Capacity (Students) Building Area (SgFt) Per Student Land Area (SgFt) Per Student Building Area (SgFt) Site (Acres) Building Cost Per SgFt Land Cost Per Acre Construction Related Costs Construction Fees (10% of Construction & Site Development Costs) Equipment (5% of Construction Cost) Technology ($8.25 Per SgFt of Building Area) Contingency (5% of Construction & Site Development Costs) Start-Up Cost Total - Construction Related Costs Land & Site Related Costs Land Cost Site Development (10% of Construction Cost) Total - Land & Site Related Costs Total School Cost Capital Cost Per Student Construction Related Land & Site Related Total Cost Per Student 13 600 700 159 189 1162 1369 95225 132192 16 22 $90 $95 $25,000 $25,000 $8,570,250 $12,558,240 $942,728 $1,381,406 $428,513 $627,912 $785,606 $1,090,584 $471,364 $690,703 $330,000 $350,000 $11,528,460 $16,698,846 $400,000 $550,000 $857,025 $1,255,824 $1,257,025 $1,805,824 $12,785,485 $18,504,670 $19,214 $23,855 $2,095 $2,580 $21,309 $26,435 Source: School Facility Construction Standards Work Group Report TABLE 7 CALCULATION OF HIGH SCHOOL ADDITION CAPITAL COST BY SCHOOL AND PER STUDENT ORANGE COUNTY, N.C. Construction Item Capacity (Students) Building Area (SgFt) Per Student Land Area (SgFt) Per Student Building Area (SgFt) Site (Acres) Building Cost Per SgFt Land Cost Per Acre Construction Related Costs Construction Fees (75% of Construction & Site Development Equipment (9.4% of Construction Cost) General Renovation/Other, Technology 1 (5% of Construction & Site Development Costs) Start-Up Cost JTotal - Construction Related Costs Land & Site Related Costs Land Cost Site Development (Athletic fields, bleachers, tennis courts, etc.) - Land & Site Related Costs School Cost Capital Cost Per Student Construction Related Land & Site Related Cost Per Student 14 East Chapel Hill East Chapel Hill Orange High School High School High School Phase I Phase II Addition* Addition* 1000 500 200 170 171 74 3258 NA NA 170200 85748 14728 74.8 NA NA $107 $138 $80 24733 NA NA $18,264,500 $11,835,000 $1,183,971 $1,625,000 $875,000 $142,382 $800,000 $940,000 $111,695 NA NA $595,381 NA $400,000 NA $160,500 NA NA $20,850,000 $14,050,000 $2,033,429 $1,850,000 NA NA NA NA NA $185,000 NA NA $21,035,000 $14,050,000 $2,033,429 $20,850 $28,100 $10,167 $185 NA NA $21,035 $28,100 $10,167 Source: Chapel Hill - Carrboro School Board and Orange County School Board * All costs are estimated TABLE 8 PUBLIC SCHOOL CAPITAL NEEDS AND COSTS ORANGE COUNTY, N.C. Needs/Costs Characteristics Public School Children Per Dwell Elementary School Middle School High School Building Area (SgFt) Per Student Elementary School Middle School High School Land Area (SgFt) Per Student Elementary School Middle School High School Construction Cost Per Student Elementary School Middle School High School Site Cost Per Student Elementary School Middle School High School* Total Capital Cost Per Student Elementary School Middle School High School Capital Cost Per Dwelling Unit Elementary School Middle School High School Total g Un School District Orange County Chapel Hill- Carrboro 0.210 0.360 0.060 0.140 0.060 0.140 127 111 161 179 141 160 1761 1436 1915 2237 1874 2045 $19,214 $19,214 $23,855 $23,855 $20,850 $20,850 $2,095 $2,095 $2,580 $2,580 $185 $185 $21,309 $21,309 $26,435 $26,435 $21,035 $21,035 $4,475 $7,671 $1,586 $3,701 $1,262 $2,945 $7,323 $14,317 15 'Site cost reflects land cost only, as site development is included in construction cost for East Chapel Hill HS Technical Report 16 Detailed calculations of the capital improvement cost associated with each dwelling unit are presented in Table 8. The costs per dwelling unit are indicative of what impact fees for public school facilities would be before any adjustments are made. PROPORTIONATE SHARE OF CAPITAL COSTS The standard to which impact fees will be held is that the fees not exceed a proportionate share of the costs that local government will incur to accommodate new development. Normally, new development will pay towards capital improvements in the form of general taxation, debt service, and other payments. The task is to calculate how much of capital costs are covered by these payments. Whatever is not paid could be charged as impact fees. Among those factors which should be considered in establishing a proportionate share of capital costs are the following: 1. The cost of existing facilities; 2. The means by which existing facilities were financed; 3. The extent to which new development has already contributed to the cost of providing existing facilities; 4. The extent to which new development will, in the future, contribute to the cost of constructing existing facilities [through debt service or other payments]; S. The extent to which new development should receive credit for providing facilities required as a condition of development or construction approval; 6 Extraordinary costs in serving the new development, and 7. The time -price differential inherent in fair comparisons of amounts paid at different times. Payments by New Development Toward Capital Cost To determine how capital improvements have been financed, the fiscal structuring of the community must be examined. Each type of facility needs to be analyzed in terms of how it was financed and also in terms of how new development will contribute toward capital finance in the future. It would be unfair to require new development to pay some portion of either existing or future capital improvements and also require them to be totally responsible for the capital improvement costs that new development will need. Thus, a system of "credits" must be identified which recognizes the extent to which to which new developments have already contributed to and will pay for (in the future) the cost of existing capital improvements. Property Tax Revenues. Bonds, whether general obligation or revenue, are commonly used to finance infrastructure. Where general obligation bonds are used, the debt incurred by the approval and issuance of such bonds is generally retired through the use of property tax revenues. For Technical Report 17 example, of Orange County's outstanding general obligation bonds and Private Placement funds in FY 1998 -99, $89,209,285 have been issued for public schools. Total debt service payments on these bonds, including principal and interest, will amount to $9,317,087 in FY 1998 -99. Of that amount, $6,448,785 is to be paid using property tax revenues. The remainder is paid from sales tax proceeds [see discussion of "Sales Tax Revenues" below]. The amounts of concern in impact fee calculation are not one -time payments. Rather, the amounts of concerns are annual payments. This means that there will be a payment in one year, in two years, in three years, etc. Thus, the time -price differential issue becomes one of how to deal with a stream of payments over a number of years in the future, resulting in a need to cut off the analysis at some point. Title VI, Chapter 460, of the 1987 Session Laws establishes a cut off point by requiring Orange County to "estimate the total cost of improvements ... that will be needed... during a reasonable planning period not to exceed 20 years." For purposes of this analysis, the cut off point is ten years, including the five -year period used by Orange County in its annual Capital Improvements Plan [CIP] for financial planning purposes as well as the ten -year period used by both school districts for long -range school planning purposes. Finally, it is also the period of time within which the new school facilities listed below will be needed. Fiscal Year* School Tyne School Board FY 1998 -99 Elementary Chapel Hill - Carrboro FY 1998 -99 Elementary Orange County FY 1999 -00 High School Orange County FY 2000 -01 High School Addition Chapel Hill - Carrboro FY 2000 -01 * Middle School Chapel Hill - Carrboro FY 2005 -06 High School Addition Orange County * The identified need for this school is in FY 2000 -01. Based on the school capital needs above, the task then becomes the provision of fair and reasonable consideration for annual payments toward capital improvements costs over a period of ten years. Revenue projections during the capital improvement planning period are shown on Table 9. Debt service is divided into the principal, interest, and service charges related to the bonds, and the principal and interest for the Private Placement funds. In addition to debt service payments, property tax revenues are also used for payments for recurring capital needs and to a newly created School Capital Projects Reserve Fund. In the FY 1996 -97 budget, $1,624,500 was appropriated to the two school districts for recurring capital, including vehicle replacement, equipment and furnishings, and site development and building renovations. Of these items, all but vehicle replacement [$175,000 in 1996 and 23.33% of the total] would be considered as school building capital needs eligible for impact fee funding. Total appropriations are $1,245,450 [Total minus 23.33% for vehicle replacement]. TABLE 9 REVENUE SOURCES FOR PUBLIC SCHOOL CAPITAL FUNDING FY 1996-97 TO FY 2005-06 5-Year Fiscal Year Annual Revenue Source 1996-97 1997-98 1998-99 1999-2000 2000-01 Avera e SALES TAX 7%Annual Growth Rate All Revenue Artide 40 1st 1/2 cent $3,555,612 $3,804,505 $4,070,820 $4,355,778 $4,660,682 $4,089,479 Artide 42 1st 1/2 cent $3,539,928 $3,787,723 $4,052,864 $4,336,564 $4,640,123 $4,964,932 Total $7,095,540 $7,592,228 $8,123,684 $8,692,342 $9,300,806 $8,160,920 SchoolRevenue Artide 40(80%ot 1st 1/2 cent) $2,844,490 $3,043,604 $3,256,656 $3,484,622 $3,728,546 $3,271,583 Artide 42(60%of ist 1/2 cent) $2,123,957 $2,272,634 $2,431,718 $2,601,938 $2,784,074 $2,442,864 Total $4,968,446 $5,316,238 $5,688,374 $6,086,560 $6,512,620 $5,714,448 Population(1.94%Avg Mnual Growth) 109,451 111,686 113,947 116,234 118,545 113,973 Per Ca ita School Revenue $45 $48 $50 $52 $55 $50 PROPERTY TAX 5°/a Annual Growth Rate In Assessed Valuatfon � 98%Collectlon Rate Assessed Value(100s) $59,932,296 $62,928,911 $66,075,357 $69;379,124 $72,848,081 $66,232,754 ! Debt Service ! Principal-School Bonds $4,285,000 $4,280,000 $4,270,000 $5,265,000 $6,245,000 $4,869,000 � Interest-SchoolBonds $3,717,900 $3,501,615 $3,285,585 $4,372,715 $5,390,150 $4,053,593 Private Placement-CHCCS Principal $519,058 $469,828 $1,234,360 $1,177,448 $1,167,725 $913,684 Private Placement-CHCCS Interest $442,242 $1,143,532 $1,122,351 $1,179,261 $1,188,987 $1,015,275 Service Charge-Schools $852 $1,000 $1,000 $1,000 $1,000 $970 Recurring Capital $1,624,500 $1,856,528 $1,949,652 $1,921,875 $1,969,920 $1,864,495 School Capital Projects Reserve' $494,442 $618,843 $649,884 $0 $0 $352,634 Total $11,083,994 $11,871,346 $12,512,832 $13,917,299 $15,962,782 $13,069,651 Total Tax Rate Re uirement $0.1849 $0.1886 $0.1894 $0.2006 $0.2191 $0.1965 PUBUC SCHOOL BUILDING FUND State Cor orate Income Tax Refund Estlmates Amount $455,462 $640,905 $656,449 $694,712 $725,801 $634,666 Average Daily School Attendance 13,967 14,254 14,564 14,802 15,000 14,517 Per St�ent PSBF Revenue $33 $45 $45 $47 $48 $44 TOTAL SCHOOL CAPITAL FUNDS $16,507,902 $17,828,489 $18,857,655 $20,698,571 $23,201,203 $19,418,764 Source: Recommended FY 1998-2008 Capital Improvements Program and Approved FY 1998-99 Budget. Average daily school attendance based on N.C. Department of Public Instruction projections. 'The current commitment for this fund is only through FY 1998-99 � o� TABLE 9(CONTINUED) REVENUE SOURCES FOR PUBLIC SCHOOL CAPITAL FUNDING FY 1996-97 TO FY 2005-06 10-Year ' Fiscal Year Annual Revenue Source 2001-02 2002-03 2003-04 2004-OS 2005-06 Avera e SALES TAX 7%Annual Growth Rate All Revenue Article 40 1st 1/2 cent $4,986,930 $5,336,015 $5,709,536 $6,109,203 $6,536,848 $4,912,593 Article 42 1st 1/2 cent $4,964,932 $5,312,477 $5,684,351 $6,082,255 $6,508,013 $4,890,923 Total $9,951,862 $10,648,492 $11,393,887 $12,191,459 $13,044,861 $9,803,516 School Revenue Article 40(80°/a of 1 st 1/2 cent) $3,989,544 $4,268,812 $4,567,629 $4,887,363 $5,229,478 $3,930,074 Article 42(60%of ist 1/2 cent) $2,978,959 $3,187,486 $3,410,610 $3,649,353 $3,904,808 $2,934,554 Total $6,968,503 $7,456,298 $7,978,239 $8,536,716 $9,134,286 $6,864,628 Population (1.94%Avg Annual Growth) 120,881 123,243 125,630 128,042 130,479 119,814 Per Ca ita School Revenue $58 $61 $64 $67 $70 $57 PROPERTY TAX 5%Annuai Growth Rate in Assessed Valuation � 98%Collection Rate Assessed Value(100s) $76,490,484.63 $80,315,009 $84,330,759 $88,547,297 $92,974,662 $75,382,198 Debt Service Principal-School Bonds $7,030,000 $7,030,000 $7,030,000 $7,030,000 $7,030,000 $5,949,500 Interest-School Bonds $6,083,605 $5,901,605 $5,719,605 $5,537,605 $5,455,605 $4,896,599 Private Placement-CHCCS Principal $1,173,287 $1,173,287 $1,173,287 $1,173,287 $1,173,287 $1,043,485 Private Placement-CHCCS Interest $1,183,425 $1,183,425 $1,183,425 $1,183,425 $1,183,425 $1,099,350 Service Charge-Schools $1,000 $1,000 $1,000 $1,000 $1,000 $985 Recurring Capital $2,019,174 $2,069,649 $2,121,390 $2,174,424 $2,228,787 $1,993,590 School Capital Projects Reserve' $0 $0 $0 $0 $0 $176,317 Total $17,490;491 $17,358,966 $17,228,707 $17,099,741 $17,072,104 $15,159,826 Tolal Tax Rate Re uirement $0.2287 $0.2161 $0.2043 $0.1931 $0.1836 $0.2009 PUBLIC SCHOOL BUILDING FUND State Cor orate Income Tax Refund Estimates Amount $759,281 $793,956 $832,219 $871,678 $911,137 $734,160 Average Daily School Attendance 15,162 15,279 15,313 15,331 15,291 14,896 Per Student PSBF Fievenue $50 $52 $54 $57 $60 $49 TOTAL SCHOOL CAPITAL FUNDS $25,218,275 $25,609,220 $26,039,165 $26,508,135 $27,117,527 $22,758,614 Source:;Recommended FY 1998-2008 Capital Improvements Program and Approved FY 1998-99 Budget. Average daily school attendance based on N.C. Department of Public Instruction projections. *The current commitment for this fund is only through FY 1998-99 � � Technical Report 20 The School Capital Projects Reserve Fund was created as part of the FY 1995 -96 budget, with funds being earmarked for land acquisition and other "front -end" costs associated with new school construction. For FY 1996 -97, $494,442 was appropriated and $618,843 was appropriated in FY 1997 -98. It should be noted that no funds have been expended from this account as of the FY 1998 -99 budget writing and that the initial commitment to the fund was for three years (the FY 1998 -99 Budget extends it for one additional year, and it is assumed that appropriations will not continue after FY 1998 -99). Collectively, the average annual tax rate required to generate funding for debt service and capital needs during the ten -year school improvement program period would be $0.2009 per $100 valuation [needs to be updated]. If applied to a single - family home with an average value of $150,000, property taxes would amount to $301. However, payments received in the future have a lower value than in the present. The difference between the future and present value is interest. Using the current bond interest rate of 5.5 percent, a property tax payment of $301 to be received one year from now is worth $286 in the present. The method for calculating the present value is to divide the future amount, $301, by one plus the interest rate (expressed in decimal form), or $301 divided by 1.055 equals $286. The difference, $15, is interest at 5.5 %. The general formulation is thus: Present Value = Future Amount (1 + i) R where n is the number of years between the present and when the amount is to be received, and i is the interest rate. Rather than the calculations above, the present value table shown in Table 10 provides "multipliers" or "factors" that may be multiplied by the annual payment to arrive at the present value of a stream of payments. In the example above, in which the interest rate is seven percent and the term is ten years, the present value factor or multiplier is 7.53763. This means that the annual payment of $301 would be multiplied by 7.53763 to arrive at present value. Thus, the present value of $301 per year for ten years would be $2,269. From Table 8, the capital cost per dwelling unit for new schools in the Orange County School District is $7,323. The net cost for new schools would thus be $5,054, the total capital cost minus the present value of payments toward property taxes for debt service and capital. For the Chapel Ell- Carrboro School District, the net cost would be $12,048 ($14,317 minus $2,269). In order to calculate the credit due for debt service payments, it is necessary to have some basis for estimating the value of dwelling units in Orange County. Using 1995 building permit data, it is possible to calculate the average value of single - family [e.g., owner - occupied] homes. This information is shown in Table 11, and the values, by school district, are listed below. Orange County $114,649 Chapel Hill- Carrboro $175,935 0 Table 10 - Present Value Factors Pal Discount Rate 5 Percent 5.5 Percent 6 Percent 7 Percent Years 0.05 0.055 0.06 0.07 1 0.95238 0.94787 0.94340 0.93458 2 1.85941 1.84632 1.83339 1.80802 3 2.72325 2.69793 2.67301 2.62432 4 3.54595 3.50515 3.46511 3.38721 5 4.32948 4.27028 4.21236 4.10020 6 5.07569 4.99553 4.91732 4.76654 7 5.78637 5.68297 5.58238 5.38929 8 6.46321 6.33457 6.20979 5.97130 9 7.10782 6.95220 6.80169 6.51523 10 7.72173 7.53763 7.36009 7.02358 11 8.30641 8.09254 7.88687 7.49867 12 8.86325 8.61852 8.38384 7.94269 13 9.39357 9.11708 8.85268 8.35765 14 9.89864 9.58965 9.29498 8.74547 15 10.37966 10.03758 9.71225 9.10791 16 10.83777 10.46216 10.10590 9.44665 17 11.27407 10.86461 10.47726 9.76322 18 11.68959 11.24607 10.82760 10.05909 19 12.08532 11.60765 11.15812 10.33560 20 12.46221 11.95038 11.46992 10.59401 21 12.82115 12.27524 11.76408 10.83553 22 13.16300 12.58317 12.04158 11.06124 23 13.48857 12.87504 12.30338 11.27219 24 13.79864 13.15170 12.55036 11.46933 25 14.09394 13.41393 12.78336 11.65358 Pal II � TABLE 11 CALCULATION OF AVERAGE VALUE OF RESIDENTIAL UNITS BY TOWNSHIP AND SCHOOL DISTRICT-ORANGE COUNTY,N.C. Calendar Year 1996 Sin le-Famii Multi-Famil Mobile Homes Total Average Average Average Average Value Value Value Value Value Townshi Units Value Per Unit Units Value Per Unit Units Value Per Unit Units SF+MF SF+MF ORANGE COUNTY-TOTAL ***** ****** ****** ***** Bingham 64 $8,238,463 $128,726 0 $0 $0 11 xxxxxxx xxxxxxx 75 $8,238,463 $109,846 CedarGrove 55 $5,946,687 $108,122 0 $0 $0 31 xxxxxxx xxxxxxx 86 $5,946,687 $69,148 Chapel Hill 414 $73,276,743 $176,997 253 $12,589,156 $49,760 7 xxxxxxx xxxxxxx 674 $85,865,899 $127,397 Chapel Hill 227 $39,604,463 $174,469 14 $�72,086 $55,149 0 xxxxxxx xxxxxxx 241 $40,376,549 $167,538 Carrboro 108 $17,792,136 $164,742 239 $11,817,070 $39,259 3 xxxxxxx xxxxxxx 350 $29,609,206 $84,598 Remainder 79 $15,880,144 $201,014 0 $0 $0 4 xxxxxxx xxxxxxx 83 $15,880,144 $191,327 Cheeks 69 $5,340,333 $77,396 0 $0 $0 21 xxxxxxx xxxxxxx 90 $5,340,333 $59,337 Mebane 6 $492,000 $82,000 0 $0 $0 0 xxxxxxx xxxxxxx 6 $492,000 $82,000 Remainder 63 $4,948,313 $78,545 0 $0 $0 21 xxxxxxx xxxxxxx 84 $4,948,313 $58,908 Eno 55 $7,837,120 $142,493 0 $0 $0 19 xxxxxxx xxxxxxx 74 $7,837,120 $105,907 Hillsborough 61 $5,534,142 $90,724 0 $0 $0 5 xxxxxxx xxxxxxx 66 $5,534,142 $83,851 Hilsborough 41 $2,974,640 $72,552 0 $0 $0 3 xxxxxxx xxxxxxx 44 $2,974,640 $67,605 Remainder 20 $2,518,346 $125,917 0 $0 $0 2 xxxxxxx xxxxxxx 22 $2,518,346 $114,470 Little River 37 $3,613,904 $97,673 0 $0 $0 30 xxxxxxx xxxxxxx 67 $3,613,904 $53,939 TOTAL 755 $109,787,392 $145,414 253 $12,589,156 $49,760 124 xxxxxxx xxxxxxx 1132 $122,376,548 $108,106 CHAPEL HILL-CARRBORO SCHOOL DISTRICT Cha lHill 379 $66,679,505 $175,935 253 $12,589,156 $49,760 3 xxxxxxx 674 $79,268,661 $117,609 ORANGE COUNTY SCHOOL DISTRICT Remainder 376 $43,107,887 $114,649 0 $0 121 458 $43,107,887 $114,649 Source:Orange County Planning&Inspections Department,7/31/98 N N Technical Report 23 By multiplying that portion of the tax rate [$0.2009 per $100 valuation] to be used for debt service and capital by the average value of each housing type, it is possible to identify the amount of credit to be given to each type of housing unit. These calculations are shown on Table 12. Sales Tax Revenues. Owners of undeveloped land do not pay sales taxes on that land. However, they do pay property taxes. If property taxes have financed facilities, even in part, local governments should determine the value of those payments [see discussion of "Property Tax Revenues" above]. On the other hand, if payments for facilities came from State sales tax rebates, they probably cannot be attributed to vacant land prior to development. Orange County presents a somewhat different situation. In 1984, the Board of County Commissioners adopted a one -half cent local option sales tax based on the provisions of Article 40 of G.S. 105. Although the statute indicated that 40 percent of the proceeds from the sales tax could be used to finance public school capital projects and/or retire debt on such projects carried out within the five preceding years, Orange County elected to use 80 percent of the proceeds for these purposes. Two years later, in 1986, another one -half cent sales tax was adopted based on the provisions of Article 41 of G.S. 105. Under the statute and the approved local option, 60 percent of the proceeds could be used to finance public school capital projects and/or retire debt. As shown in Table 9, Orange County expects to receive an average annual payment of $3,930,074 in Article 40 sales tax revenues from FY 1996 -97 to FY 2005 -06, the school improvement program period. In addition, Article 42 average annual payments of $2,934,544 are anticipated. Combined, the average annual amount of sales tax revenues that can be used for public school capital needs is $6,864,628. Although Orange County does use a portion of these funds for debt service payments and the remainder for capital needs, such distinctions are not considered in calculating the "credit" to be given for sales tax payments. To obtain projections of Orange County's population, long -term growth trends (1940 to 1990) were analyzed using the CAPP [Community Analysis & Planning Projections] computer model. Shown on Table 9 are the projections of the number of persons residing in the county during the FY 1996- 97 to FY 2005 -2006 period. For the ten -year period, the average annual population is 115,792. If the average annual sales tax revenue for public school capital needs ($6,864,628) is divided by this figure (119,814), the estimate of per capita sales tax revenue is $57. To calculate the present value of the per capita revenues, assumptions regarding the interest rate and term must be made. The current 5.5 percent interest rate on bonds is used, since almost half of the sales tax revenues are used to pay debt service on school capital needs. A ten -year term is used, matching the school improvement planning period and the time frame within which new school facilities are needed. The present value table in Table 10 indicates that the multiplier would be 7.53763. This means that.the present value of the $57 annual per capita sales tax payment for ten years would be $430 ($57 x 7.53763). The per capita figure of $430 is of little use by itself. It must be converted to a per household figure, permitting it to be deducted from the total capital cost per student for school capital needs. Using 1990 Census information from the N.C. State Data Center, it is possible to calculate the average number of persons per household, by housing type. However, the use of the 1990 data may be Technical Report 24 inaccurate, based on the updated student generation rates obtained in the 1995 Study of Housing Characteristics and Student Generation Rates for Orange County. One way to account for these differences is to subtract the number of school age children per household from the number of persons per household using 1990 Census data. As shown below, the difference between the two figures is approximately 2.0 persons per household. Persons School Age Children School District Per Household Per Household Difference Orange County 2.59 0.45 2.14 Chapel Hill - Carrboro 2.22 0.29 1.93 To obtain estimates of the number of persons per household, the updated student generation rates are added to the "differences" above. For the Orange County School District, the estimated number of persons per household is 2.47 (2.14 + 0.33). For the Chapel Hill- Carrboro School District, the estimate is 2.56 persons per household (1.93 + 0.63). By multiplying the per capita figure of $430 by the number of persons per household, it is possible to identify the amount of credit to be given to each new housing unit for payment of sales taxes. As an example, the estimated number of persons per household in the Orange County School District is 2.47. Multiplied by the per capita figure of $430, a household would be expected to contribute $1,061 in sales tax revenues toward the construction of new schools. If the total capital cost per household for new public school needs is $7,323, the family would be credited with the payment of $1,061, thus reducing the impact fee to $6,261. The calculation of "credits" for sales tax contributions is shown on Table 12. Grants. Grants from the State are provided to local governments in the form of Public School Building Funds. These funds come from corporate income taxes, a portion of which is returned to counties for school construction purposes. As shown in Table 9, Orange County expects to receive an annual average grant of $734,160 from FY 1996 -97 to FY 2005 -06, the school improvement program period. For the same ten -year period, the average daily school attendance in both school systems is expected to be 14,896 students. This figure is based on annual daily school membership projections by the N.C. Department of Public Instruction and means that the average per student revenue anticipated from this source during the school improvement program period is $49. To calculate the present value of the per student revenues, the same assumptions regarding interest rate and term are used as employed for sales tax revenues; i.e., a 5.5 percent interest rate and ten - year term. The multiplier from the present value table in Table 10 would again be 7.53763, resulting in a present value for the $49 annual per capita sales tax payment for 10 years of $369 ($49 x 7.53763). The per capita figure of $369 can be converted to a per household figure by use of the student generation rates from Table 1. As an example, the number of students per household expected in the Orange County School District is 0.33. Multiplied by the per capita figure of $369, a household would be expected to generate $122 in Public School Building Fund revenues. If the total capital cost per household for new public school needs is $7,323, the family would be credited with the Technical Report 25 payment of $122, thus reducing the impact fee to $7,201. The calculation of "credits" for Public School Building Fund revenues by school district is shown on Table 12. Projected Impact Fee Amounts Based on the foregoing analysis, it is possible to calculate projected impact fees for different housing types in Orange County. These calculations are shown on Table 13 and simply involve subtracting credits for property tax, sales tax, and Public School Building Fund contributions from the total capital cost, per dwelling unit, of needed school improvements. The projected impact fees, by dwelling unit, are as follows: Orange County $4,404 Chapel Hill- Carrboro $10,320 In the sections that follow, final adjustments will be made to the fees, based on the benefit received by new development and credits to the developer for constructing capital improvements. BENEFIT CONSIDERATIONS The amount of an impact fee is only one factor considered in terms of the legality of any impact fee program. The sufficiency of the benefits that are received by fee payers is another criterion for determining the reasonableness of an impact fee. There are three standards that may be used in determining sufficiency of benefit. The main difference among these standards is just who will benefit from (make use of) the facilities to be financed, in whole or in part, with the impact fees. The first standard is exclusive benefit, the second is substantial benefit, and the third is reasonable benefit. In practice, the methods of implementing the latter two are almost identical. A benefit would be exclusive if no one other than the occupants of the development that paid the impact fee could use the facilities provided with those fees. Complying with this standard would imply that the improvements be on -site or in close proximity to the development. Minimal distance between facility and development becomes the indicator of the degree of benefit to the individuals in that development as opposed to those in other developments. When facilities such as public schools are provided, it is impossible to see how use could be confined to individual developments. To a great extent, the provision of exclusive benefit and impact fees are not compatible. However, few jurisdictions employ a strict exclusive benefit rule. Rather, the standard is what may be considered to be a preponderance of benefit going to the development paying the fees. In such cases, consideration should be given to the use of relatively small geographic areas for both the collection and expenditure of impact fees. Such small areas would be the evidence of benefit (use). This would involve identifying a number of subareas of the community and establishing impact fee trust funds for each subarea. All receipts coming from such subareas would be spent within those areas. 26 TABLE 12 PUBLIC SCHOOL CAPITAL NEEDS, COSTS, AND IMPACT FEES ORANGE COUNTY, N.C. School District Needs /Costs Characteristics Orange Chapel Hill- County Carrboro CAPITAL COSTS Capital Cost Per Dwelling Unit Elementary School $4,475 $7,671 Middle School $1,586 $3,701 High School $1,262 $2,945 Total $7,323 $14,317 ADJUSTMENTS TO CAPITAL COSTS Property Tax Contributions Average Single - Family Home Value $114,649 $175,935 Tax Rate Per $100 $0.2009 $0.2009 Tax Per Unit $230 $353 Present Value Factor 7.53763 7.53763 Term (Years) 10 10 Interest Rate 5.5% 5.5% Property Tax Credit $1,736 $2,664 Sales Tax Contributions $503 $822 Persons Per Household 2.47 2.56 Per Capita Payment $57 $57 Present Value Factor 7.53763 7.53763 Term (Years) 10 10 Interest Rate 5.5% 5.5% Per Capita Credit $430 $430 Per Household Credit $1,061 $1,100 Public School Building Fund Contributions Students Per Household 0.33 0.63 Per Student Payment $49 $49 Present Value Factor 7.53763 7.53763 Term (Years) 10 10 Interest Rate 5.5% 5.5% PSBF Credit $122 $233 Total Credits $2,919 $3,997 IMPACT FEES: CAPITAL COSTS LESS ADJUSTMENTS Capital Cost Per Dwelling Unit Elementary School $4,475 $7,671 Middle School $1,586 $3,701 High School $1,262 $2,945 TOTAL $7,323 $14,317 Adjustments Per Dwelling Unit Elementary School $1,784 $2,142 Middle School $632 $1,033 High School $503 $822 TOTAL $2,919 $3,997 ,Impact Fees Per Dwelling Unit $4,404 - $10,320 Technical Report 2 Title VI, Chapter 460, of the 1987 Session Laws addresses the issue of benefits and subareas through the following provision: '7n order to insure that impact fees paid by a particular development are expended on capital improvements that benefit that development, the County may establish for each category of capital improvement for which it collects an impact fee at least two geographical districts or zones, and impact fees generated by developments within those districts or zones must be spent on improvements that are located within or that benefit property located within those districts or zones. " All the benefit tests look for is a rationale that establishes how the benefit is to be received. The greater the distance between the point of collection and the point of expenditure, the greater the chance that insufficient benefit will be found. Having improvements that are needed set forth in a capital improvements program is the best demonstration of benefit. Another benefit criterion is the timing of improvements. Expected use is the overwhelming criterion in matters of benefit. If improvements are in the remote future, benefits will be lessened and perhaps insufficient. The benefit from improvements declines exponentially with respect to time. Facilities improvements usually require large expenditures that can only be met through gradual accumulation of funding resources. In small jurisdictions and those experiencing modest growth, the period of time may be substantial. Most impact fee ordinances have provisions that stipulate the maximum period of time within which the fees must be spent on facilities that benefit the particular development. Once this maximum period is reached, the fees would have to be refunded with interest to the fee payer or successor in title. The most common period is six years, which is based on the normal five -year capital improvements cycle, plus one year to integrate the receipts into the capital improvements program. For public schools in Orange County, geographic districts or zones already exist in the form of the Chapel Hill - Carrboro School District and the Orange County School District. In addition, the need for new school facilities has been identified as part of County's Capital Improvements Plan. In addition, both school districts have prepared ten -year school improvement planning programs which identify new public schools needed within the next 10 years to meet projected student enrollments. Excluding those schools constructed or under construction, a new elementary school, a new middle school, and expansion of the new high school are needed to serve future growth in the Chapel Hill - Carrboro school system. For the Orange County school system, a new elementary school, a new high school, and an addition to the existing high school are needed. Clearly, applying the system of impact fees in Table 12 would be unreasonable in view of the differing needs of each school district. For example, the identified needs in the Orange County school system do not include a middle school. To impose an impact fee which included the capital cost for a middle school would violate the benefit test. Likewise, school districts may vary in the number of persons per household, students per household, and cost of housing. Unless such differences are addressed, the residents of one school district may be paying impact fees for facilities they will never use or paying a higher proportion of impact fees than conditions warrant. Technical Report 28 To address this concern, the capital costs and adjustments for a middle school must be eliminated in determining the total amount of impact fees to be charged in the Orange County school district Another concern is that school districts vary in the number of persons per household, students per household, and cost of housing. Unless such differences are addressed, the residents of one school district may be paying impact fees for facilities they will never use or paying a higher proportion of impact fees than conditions warrant. To address this concern, separate impact fees for the Chapel Hill - Carrboro School District and the Orange County School District have been tabulated. One final adjustment is necessary to address benefit considerations. The adjustments [credits] identified in Table 12 reflect adjustments based on revenue sources. The sum of these adjustments must be allocated to individual school types. This was accomplished by allocating revenue based on the distribution of attendance by school type in FY 1996 -97. The resulting impact fee calculations are shown on Table 13 for the Chapel Hill- Carrboro and Orange County School Districts. The fees are summarized below and represent the maximum amounts that can be reasonably be charged given the preceding analysis. Orange County $3,474 Chapel Hill- Carrboro $10,320 29 TABLE 13 PUBLIC SCHOOL CAPITAL NEEDS, COSTS, AND IMPACT FEES ORANGE COUNTY, N.C. IMPACT FEES: CAPITAL COSTS LESS ADJUSTMENTS Costs/Adjustments School District Orange County Chapel Hill- Carrboro Capital Cost Per Dwelling Unit Elementary School $4,475 $7,671 Middle School $1,586 $3,701 High School $1,262 $2,945 Total $7,323 $14,317 Adjustments Per Dwelling Unit Property Tax $1,736 $2,664 Sales Tax $1,061 $1,100 PSBF Funds $122 $233 Total $2,919 $3,997 Adjustment Allocation By School Type Elementary School $1,501.12 $1,911.89 Middle School $656.09 $977.80 High School $762.15 $1,107.41 Total $2,919 $3,997 Impact Fees - All School Types Elementary School $2,974 $5,759 Middle School $930 $2,723 High School $500 $1,837 Total $4,404 $10,320 Impact Fees - Identified Need Elementary School $2,974 $5,759 Middle School $2,723 High School $500 $1,837 Total $3,474 $10,320