Why are we talking about impact fees when theres a bond referendum to pay for schools?
Voter approval of bond referenda enables the County to issue debt for school improvements. Normally bonded indebtedness is amortized over a twenty-year period, meaning the County would be required to make a payment every year for twenty years. Impact fees would be used to help pay for the debt associated with school bonds; however, impact fees can only be used to pay for improvements related to capacity (increasing classrooms, building new schools, enlarging supporting facilities due to student growth, etc.). In other words, property taxpayers would continue to pay for the cost of school improvements that have nothing to do with increasing capacity.
