BALLSTON SPA — Although more than 2,000 new homes have been approved for construction in the Ballston Spa Central School District, the student population is expected to hold steady or decline over the next 10 years, according to a study.

The Ballston Spa Board of Education hired the Capital District Regional Planning Commission to conduct the study, which discounts the impact of the construction of a computer microchip fabrication plant nearby in making predictions about student population in the next decade.

The study cited census records that showed live births have declined slightly in the past decade in the district and housing trends are not likely to produce a great increase in the number of school-age children.

The study concludes that the Luther Forest Technology Campus being constructed in Malta and Stillwater will probably not have a big impact on the school district either.

The anticipated construction of a computer chip manufacturing plant by AMD could bring 1,400 new jobs to the area, and full build-out of the park would mean thousands more, according to developers.

The study commissioned by the school district states that the increase in employment “may not be overwhelming” to the district.

“The Luther Forest tech park is scheduled to have a dedicated exit off the Northway, which will allow commuting from all over the Capital Region. Additionally, it is unclear what the pay scale will be for the employees, but a significant segment of the work force may not be able to afford the $350,000 that it costs to buy a new home in and around Malta,” according to the report.

Assistant Superintendent of Schools Brian Sirianni said the commission has been analyzing data and making projections annually for the school district and has a very good track record.

“Making these projections is an art, not a science,” Sirianni said. “But every year the projections have only been off by a very small margin.”

The latest analysis lists housing developments approved in Milton, Ballston and Malta. It does not distinguish which developments are in neighboring school districts, but the bulk of the new construction in the three towns would be within the Ballston Spa school district.

The report noted that a majority of the new housing units are either apartments, townhouses or condominiums.

“During the past year, single-family home construction has waned while apartment construction has picked up dramatically, “ the report stated.

Planning commission consultant Lief Engstrom said traditional homes generate most of the students attending school.

“Apartment dwellers are less likely to have school-age children,” he said.

Some of the condominium and apartment projects approved for construction are specifically targeted for senior citizens or singles starting their careers.

The town of Ballston Planning Board has approved 425 units of housing with only one-quarter of those slated for traditional single-family homes.

In Malta, 1,166 units were approved but only 236 were single-family homes.

In Milton, 851 units have been approved with 109 being traditional houses.

“Home construction has slowed this year due to a lack of active large subdivisions, a slowing housing market and a shift in construction activity to apartment construction,” according to the report.

Of the more than 2,400 housing units approved for construction as of the conclusion of the study, only 383 had been built or were under construction.