School Impact Fees | Administration
Attachment
TABLE FOR CALCULATING SCHOOL IMPACT FEE OBLIGATIONS FOR RESIDENTIAL DWELLING UNITS (TO BE SEPARATELY CALCULATED FOR SINGLE- FAMILY AND MULTIFAMILY UNITS) (C1 + C2 + C3) X square footage of permanent facilities = total square footage of facilities Boeckh index X SPI square footage per student for elementary school X state match % X student factor = Boeckh index X SPI square footage per student for middle/junior high school X state match % X student factor =
4. The formula can be applied by using the following table:
TABLE FOR CALCULATING SCHOOL IMPACT FEE OBLIGATIONS FOR RESIDENTIAL DWELLING UNITS (TO BE SEPARATELY CALCULATED FOR SINGLE- FAMILY AND MULTIFAMILY UNITS) Elementary school site cost per student X student factor = Middle/junior high school site cost per student X student factor = High school site cost per student X student factor = A1 + A2 + A3 = Elementary school construction cost per student X student factor = Middle/junior high school construction cost per student X student factor = High school construction cost per student X student factor = (B1 + B2 + B3) X square footage of permanent facilities = total square footage of facilities Elementary school relocatable facility cost per student X student factor = Middle/junior high school relocatable facility cost per student X student factor = High school relocatable facility cost per student X student factor =
Boeckh index X SPI square footage per student for high school X state match % X student factor
=
D1 + D2 + D3
=
((1 + I)10)-1
X average assessed value for the dwelling unit type in the school district
i(1 + i)10 X current school district capital property tax levy rate where I = the current interest rate as stated in the Bond Buyer Twenty Bond General Obligation Bond Index
Effective | January 1, 2022
Title 21: Sammamish Development Code | 671
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