SCHOOL DISTRICT
School Mitigation Agreements
Site Acquisition Analysis
School Funding Alternatives
School District Negotiations
Land developers and builders are becoming more and more involved in public school construction matters that impact their development projects. Adequate school housing of project students is essential to insuring a successful residential development project. The area of school construction is rapidly changing in many states throughout the U.S., especially in terms of school construction costs, the timing for opening new schools, and the methods of funding new school construction. Some states have already imposed school fees for new school construction and many other states are in the process of establishing new school fees. States that do not currently impose school fees often use alternative methods of obligating new development to cooperate or contribute funding for new school construction costs. DPFG consultants have extensive knowledge in this area.
SCHOOL DISTRICT
- Forecast school site and facility requirements
- Review and comment on school facilities studies
- Review or assist in preparing appraisals for school sites
- Evaluate surplus school site alternatives
- Determine the reasonable costs of schools
- Negotiate "Iron-Clad Mitigation" agreements
- Identify Alternative Mitigation Approaches
- Evaluate alternatives for financing school fees
- Calculate state reimbursement credits under school agreements
- Calculate local G.O bond credits
- Evaluate school district's financial position
- Determine appropriate mitigation costs per unit
- Prepare financial proposals for school district consideration
- Identify appropriate phasing of school construction
- Determine the appropriate bond leveraging tools
- Assist in securing state funding
- Restructure existing school agreements
- Determine local general obligation bond strategies
