HomeMy WebLinkAboutAgenda 02-17-22; 7-a - Development Fiscal Impact Study 1
ORANGE COUNTY
BOARD OF COMMISSIONERS
ACTION AGENDA ITEM ABSTRACT
Meeting Date: February 17, 2022
Action Agenda
Item No. 7-a
SUBJECT: Development Fiscal Impact Study
DEPARTMENT: Planning & Inspections
ATTACHMENT(S): INFORMATION CONTACT:
UNDER SEPARATE COVER Craig Benedict, Planning & Inspections
PowerPoint Presentation Director, 919-245-2585
(To be provided prior to or at the Perdita Holtz, Planner 111, 919-245-2575
meeting)
PURPOSE: To receive information on a study and hear a presentation from the consultant
TischlerBise, Inc.
BACKGROUND: Orange County has informally understood the fiscal impacts of new
development and what general land uses provided a net positive or negative revenue and
expenditure (cost of services).
Studies from over ten years ago made some generalizations that the combined categories of
residential (different densities), non-residential (combined office, industrial retail) and agricultural.
Results of that generalized study showed residential development cost more in government
services than monies received in Tax and other revenue sources, and contrastingly, non-
residential and agricultural were net positive in the revenue/expenditure balance.
However, this type of study had its limitations because it did not analyze the varied land use types
with varying density or intensity, so a new study was commissioned through Tischler-Bise, a
national firm with expertise in this research area. This new study provides a higher resolution of
analysis with more land use types and also by different areas. It should be noted that both studies
(past and present) only related to the County revenue/expenditure program and not the cost
revenue benefit realized in municipalities. This study could also be modified to include the
municipalities at additional expense.
This study and its findings do not have a direct relationship in the Unified Development Ordinance
(UDO). Whether a project has a net positive or negative is not the basis of an approval or denial,
but may be considered in some legislative decisions.
Julie Herlands of TischlerBise, Inc. will provide a PowerPoint on the findings and address any
comments and questions, and County staff will also assist with questions and answers.
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FINANCIAL IMPACT: There is no financial impact on the FY 2021-22 County budget. The
consultant contract was funded and paid with prior years' non-departmental budget allocations.
SOCIAL JUSTICE IMPACT: There is no Orange County Social Justice Goal impact associated
with receiving this information.
ENVIRONMENTAL IMPACT: There is no Orange County Environmental Responsibility Goal
impact associated with receiving this information.
RECOMMENDATION(S): The Manager recommends that the Board receive the information,
discuss, and provide comments and questions to the consultant and staff.