The School District has done extensive studies of the school populations. Currently they are well-below capacity. In total, there are more than 600 open seats across the District. We, the Township, working with the School District plan to complete more detailed demographic studies, but initial analyses suggest that any additional children that will come to the school district via these new developments will be absorbed within the existing capacity through 2025.
Just like any other neighborhood that has been built in Hopewell Township, if the Township sees a need for additional services in decades to come that might cost taxpayers money, we will look very closely at how to raise and spend those funds. As one example, because these sites have been put into redevelopment areas, the Township has the option to negotiate a Payment in Lieu of Taxes (PILOT) with the developers, which can provide significantly more tax revenue to the municipality. This strategy has already been employed for the Klockner tract on Federal City Road, resulting in incremental revenues to the Township of ~$750,000 in the first year after the project is completed. This is equivalent to 5% of the current municipal tax levy and this one development will contribute almost as much revenue to the Township coffers as our largest employer does today (5.9% of tax base).