HomeMy WebLinkAbout02-08 Development Impact ModelDevelopment Impact Model
On Octobcr 12, 2005, the Frederick Coumy Ruud of Supervisors directed staff to use the
Development Impact AModel (111M) to project the capital 11scal impacts that would be
associated with any rezoning petitions containing residential development, replacing the
existin Capital Facilities Fiscal Impact Nlodel. The DINJ was created by an economic
consultant who evaluated and analyzed development within the County in an effort to
assist the County in planning for future capital facility requirements. DOW inputs to
the DIM are to be reviewed and updated annually to assure that the fiscal pt'ojcctions
accurately reflect County capital expencliuues. The Board of Supervisors authorized use
of the annual model update on We 27, 2007.
The DIM projects that, on average, residential development has a negative tiscal impacts
on the Count y 'S capital expenditures. As such. all rezoning petitions with a residential
component submitted after .lone 21 2007 will be expected to demonstrate how the
proposal will mitigate the following projected capital facility impacts:
Single Family Dwelling Unit = 522,927
Town L -tome Dwelling Unit =.$16396
Apartment Dwelling Unit = S 5,975
The following is a breakdown of the projected impacts per dwelling unit for each capital
facility.
Capital facility Single FmAly "Poem home Apartment
Fire And Rescue 5771 S568 5579
General Government
Public Safety
Libt a� c
Parks and Recreation
School Consrruction
Total
5450
5344
5344
1375
5669
5669
5372
S285
5255
SIGN
51,550
S1.550
S O N31
511930
55.545
523137
516,396
S3,975
A '`read - only" copy of the Development Impact Wdel is available on the public
workstation within the Planting and Development's office. A user manual is also
available.
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