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Oroville School District: Level I Developer Fee Study.pdf

2018_Final_DF_-_Oroville_City_Elementary.pdf

Preview of Oroville School District: Level I Developer Fee Study

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📊 Size: 568 KB

👤 Author: Elona Cunningham

⬇️ Downloads: 27

Summary

- Purpose: Oroville City Elementary School District (OCESD) study to justify developer fees for school facility construction/modernization.
- Authorizing Law: Education Code Section 17620 allows districts to levy fees on development projects.
- Current Fee Rates: $3.79/sq ft for residential, $0.61/sq ft for commercial/industrial construction.
- OCESD's Share: 60% of residential ($2.21/sq ft) and commercial/industrial ($0.35/sq ft) fees, except mini storage ($0.08/sq ft).
- Modernization Need: $50.2 million for residential, $2.7 million for commercial/industrial development over 20 years.
- Justification:
- Residential: $4.44/sq ft ($50.2 million / 11.3 million sq ft).
- Commercial/Industrial: $4.79/sq ft ($27,776 / 5,653 sq ft), except mini storage ($0.08/sq ft).
- Recommendation: OCESD can justify and levy these fees to fund school facilities.

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Description

Study proposes Developer Fee for Oroville City Elementary School District to fund modernization and reconstruction projects.

Technical Information

File Format: PDF
File Size: 568 KB
Pages: 39
Language: EN
Author: Elona Cunningham
Total Downloads: 27
Last Updated: 1 month ago

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