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27J School Impact Fees Discussion
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Summary and Background Information:
The development of land results in new and/or increased demands on city facilities and services, including but not limited to, schools, roads, water, parks, and recreation facilities. The costs of providing such additional services and facilities should be borne by those who create the new or additional need. These required contributions, whether in the form of fees or dedicated land, are used to fulfill this requirement and are known as impact fees. School impact fees only apply to residential land. It does not apply to commercial or industrial land
The current school impact fees have been in place since 2000. At that time, the market price of an acre of residential land was set at $32,077/acre. Since this time, the price of land has risen dramatically across the city and the current fee structure no longer successfully accomplishes what it was first set out to do. The current fee amounts are shown below:
Current Fee-in-lieu Calculation:
Fee imposed on construction of each new residential dwelling on an undeveloped lot (market value of land at $32,077/acre, set by Resolution No. 2000-15):
Single-Family Home Detached Dwelling $619
Single-Family Attached Dwelling $514
Townhome/Condo $214
Apartment Unit $138
If the school’s updated market price of residential land were to be approved by City Council, the updated fees would be as follows:
Proposed Fee-in Lieu calculation (market value of land at $60,000/acre):
Single-Family Home Detached Dwelling $930.00
Single-Family Attached Dwelling/Duplex $436.80
Townhome/Condo $363.60
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