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HomeMy WebLinkAbout11-08 Development Impact Model0 • Development Impact Model On October 12, 2005, the Frederick County Board of Supervisors directed staff to use the Development Impact Model (DIM) to project the capital fiscal impacts that would be associated with any rezoning petitions containing residential development, replacing the existing Capital Facilities Fiscal Impact Model. The DIM 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. Critical inputs to the DIM are to be reviewed and updated annually to assure that the fiscal projections accurately reflect County capital expenditures. The Board of Supervisors authorized use of the annual model update on June 25, 2008. The DIM projects that, on average, residential development has a negative fiscal impacts on the County's capital expenditures. As such, all rezoning petitions with a residential component submitted after June 25, 2008 will be expected to demonstrate how the proposal will mitigate the following projected capital facility impacts: Single Family Dwelling Unit = $23,818 Town Home Dwelling Unit = $16,965 Apartment Dwelling Unit = $ 8,975 The following is a breakdown of the projected impacts per dwelling unit for each capital facility. Capital facility Single Family Town home Apartment Fire And Rescue $742 $547 $557 - -.. General Government $0 $0 $0 ............_. _.._...___ ........ ......___.. Public Safety — $0 $0 $0 Library $481 $368 $368 _-.... ...--- ----- --- .......__........ Parks and Recreation $2,331 $1,782 $1,782 ....------- -------- ..__ . ___ ..__. School Construction $20,265 $14,268 $6,268 Total $23,818 $16,965 $8,975 A "read- only" copy of the Development Impact Model is available on the public workstation within the Planning and Development's office. A user manual is also available. 06/25/08 13