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Summary of Maximum Impact Fee, 2023-2032

Year

Payment

Acres

Payment per Acre

NPV*

Gross Fee

Max Fee per Year per Acre

2023

$318,822

1,105

$288.53

$3,085.39

$8,597.12

$5,511.73

2024

$318,822

1,130

$282.14

$2,951.13

$8,597.12

$5,645.98

2025

$318,822

1,155

$276.04

$2,816.55

$8,597.12

$5,780.57

2026

$318,822

1,180

$270.19

$2,681.34

$8,597.12

$5,915.78

2027

$318,822

1,205

$264.58

$2,545.22

$8,597.12

$6,051.90

2028

$318,822

1,230

$259.20

$2,407.90

$8,597.12

$6,189.22

2029

$318,822

1,255

$254.04

$2,269.09

$8,597.12

$6,328.03

2030

$318,822

1,280

$249.08

$2,128.50

$8,597.12

$6,468.62

2031

$318,822

1,305

$244.31

$1,985.85

$8,597.12

$6,611.27

2032

$318,822

1,330

$239.72

$1,840.83

$8,597.12

$6,756.29

2033

$318,822

1,355

$235.29

$1,693.16

$8,597.12

$6,903.96

2034

$318,822

1,380

$231.03

$1,542.52

$8,597.12

$7,054.60

2035

$318,822

1,405

$226.92

$1,388.62

$8,597.12

$7,208.50

2036

$318,822

1,430

$222.95

$1,231.13

$8,597.12

$7,365.99

2037

$318,822

1,455

$219.12

$1,069.73

$8,597.12

$7,527.38

2038

$318,822

1,480

$215.42

$904.10

$8,597.12

$7,693.02

2039

$318,822

1,505

$211.84

$733.88

$8,597.12

$7,863.23

2040

$318,822

1,530

$208.38

$558.74

$8,597.12

$8,038.38

2041

$318,822

1,555

$205.03

$378.29

$8,597.12

$8,218.83

2042

$318,822

1,580

$201.79

$192.18

$8,597.12

$8,404.94

*NPV = net present value discounted at five percent

(Ord. 23-11 Att. A, 2023; Ord. 23-05, 2023)