Issue Analysis: Are Impact Fees a Viable Resource for School Districts Experiencing Growth?

Web Abstract: 
Focuses on the growing student enrollment for M.R. Elementary, a Pre-K through 8th grade elementary district. M.R. Elementary is experiencing this growth due to four new subdivisions that will be built over the next ten years. The subdivisions are located on the northwest side of the small city of Lichfield and will create 400 new dwellings. This type of fast growth is expected to create a financial strain from the additional students moving into those homes. The district will not receive General State Aid (GSA) and local tax revenue from growth in Equalized Assessed Valuation (EAV) upon their enrollment for approximately two years per student, which will create an educational fund hardship.
Author: 
Bangert, Ronda
Publication Date: 
03/31/2006
Page Numbers: 
6
Resource List Category: 
References to Books and Other Media