Laserfiche WebLink
(5) The solid waste impact fees shall be calculated according to the following <br /> formula: <br /> SOLID WASTE IMPACT FEE = EDUs x NET COST/EDU <br /> Where: <br /> EDUs = UNITS X EDUs /UNIT <br /> UNITS = Number of dwelling units of each housing type in the development <br /> EDUs /UNIT = Number of Equivalent Dwelling Units represented by one <br /> dwelling unit of a given housing type <br /> NET COST /EDU = COST /EDU - CREDIT /EDU <br /> COST /EDU = Total replacement cost of existing solid waste facilities that serve <br /> residential development utilizing transfer stations divided by all <br /> existing single- family detached units <br /> CREDIT /EDU = DEBT /EDU + PAST /EDU + GRANT /EDU <br /> DEBT /EDU = Outstanding debt on existing solid waste facilities attributable to <br /> residential development utilizing transfer stations divided by all <br /> existing single - family detached units <br /> PAST /EDU = The net present value of property taxes paid over the last five <br /> years by vacant land for solid waste capacity improvements <br /> attributable to residential development utilizing transfer stations, <br /> including general fund expenditures as well as debt service <br /> payments, per EDU <br /> GRANT /EDU = The net present value of future Federal and State grant funding <br /> anticipated to be forthcoming for solid waste capital <br /> improvements attributable to residential development per EDU <br /> over the next 20 years <br /> -15- <br />