9.6.9.1. Generally.
9.6.9.1.1. The fiscal impact assessment involves a study of the fiscal implications of oil and gas drilling in the County and in the Galisteo Basin. Drilling will be permitted only after a determination of the adequacy and financial provision for roads, highways, surface water runoff and detention facilities, emergency response service, fire and police substations and operational costs for additional police, fire and emergency response service full-time employees and technicians have been met. This includes the County public works costs to maintain roads, drainage areas, environmentally sensitive areas and historic, cultural and archeological artifacts and sites.
9.6.9.1.2. The fiscal impact assessment shall project urban levels of police, fire and emergency response service to affected areas of the County and Galisteo Basin. The assessment shall estimate the threshold minimum number of full-time paid public service workers necessary to provide fire, police, emergency response service, road, drainage, environmentally sensitive areas and historic, cultural and archaeological artifacts and site necessary for maintenance and operation of the facilities and services.
9.6.9.1.3. The assessment estimates the public service costs for new workers and worker families brought into an oil and gas project area for the exploration and drilling period and beyond.
9.6.9.1.4. The applicant shall make a cash, certified or bank check, or letter of credit, deposit, to cover all of the County’s expenses in reviewing the Fiscal Impact Assessment, engaging consultants, and for a Hearing Officer to conduct the first public hearing on the Fiscal Impact Assessment. The County will provide an estimate of the cost of conducting the study, which shall provide the basis for the initial deposit. The applicant shall make additional deposits if the initial deposit is inadequate to reimburse the County for the costs of the study, and the County shall refund any unexpended funds on deposit after the study is completed.
9.6.9.2. Determination of Costs and Revenues.
9.6.9.2.1. The fiscal and economic effects of oil and gas drilling shall be determined using nationally accepted and longstanding fiscal and economic models. The fiscal and economic models shall project what shall be needed in terms of public operating and maintenance services and provision of capital facilities and determine what funds will be available to pay for these facilities and services.
9.6.9.2.2. Costs shall be determined using current budgets, both operating and capital interviews with service providers to determine areas of deficient capacity and service where additional expenditures will be necessary.
9.6.9.2.3. Revenues shall be determined using budgets and formulas for calculating additional taxes, infrastructure and service fees, licenses, administrative fees, grants and improvement district assessments.
9.6.9.2.4. The fiscal impact assessment shall determine whether, and to the extent, an oil and gas project is fiscally and economically positive, as to whether forthcoming revenues (operating and capital) exceed the forthcoming costs (operating and capital) of the oil and gas project.
