Ordinance 3010-07 - Laserfiche WebLink

Table 9 — Student Generation Rates Housing Type K-5 6-8 9-12 K-12 Single Family .299 .141 .152 .592 Multiple Family, 2+ BR .132 .056 .075 .264 Multiple Family, 0-1 BR .010 .008 .005 .023 2. School Construction Cost Variables Additional Building Capacity: (See Description under subsection 1 above). Existing Permanent Square Footage: From Table 1. Estimated Facility Construction Cost. The estimated facility construction cost is based on planned costs or on actual costs of recently constructed schools. The facility cost is the total cost for construction projects as defined on Table 8, including only capacity related improvements. Projects or portions of projects that address existing deficiencies, which are those students who are unhoused as of December 3.1, 2005 are not included in the calculation of facility cost for impact fee calculation. Facility construction costs also include the off-site development costs. Costs vary with each site and may include such items as sewer line extensions, water lines, off-site road and frontage improvements. Off-site development costs are not covered by State match funds. Off-site development costs vary, and can represent 10% or more of the total building construction cost. 3. State Match Credit Variables Boeckh Index (Area Cost Allowance). This number is generated by OSPI as a guide for determining the area cost allowance for new school construction. The index is adjusted regularly for inflation. As of July 1, 2006 the. Boeckh Index has been adjusted to $154.22 per square foot. State Match Percentage. The State match percentage is the proportion of funds that are provided to the school districts, for specific capital projects, from the State's Common School Construction Fund. These funds are disbursed based on a formula which calculates the District's assessed valuation per pupil relative to the whole state assessed valuation per pupil to establish the percentage of the total project to. be paid by the State. If a project were eligible for state matching funds, the Everett School District would receive basic project reimbursement on a State matching ratio. However, because the State has determined that the Everett District has excess student capacity according to the State's formula, the Everett District is not eligible for new construction State match at this time. Therefore, the effective State match ratio is zero. If the Everett School District was eligible to receive state matching funds, the 2005 matching ratio, according to OSPI, would be 49.22%. Everett School District 6 - 8 Capital Facilities Plan