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ORDINANCE 2007-038 Comprehensive Plan Capital Improvements Element For SIS/Florida Intrastate Highway System roadways, level of service `B" is adopted for rural areas, and level of service "C" is adopted for urban areas. ➢ Transit • One-hour headways shall be maintained on all fixed transit routes Level -of -service standards are discussed in further detail in each individual Comprehensive Plan Element, Capital Improvements Program A capital improvements program (CIP) is a program for capital expenditures to be incurred each year over a fixed period of years to meet anticipated capital needs. This „regia ' identifies In Indian River County, the CIP identifies the projects that the county plans to undertake in the next five years and presents an estimate of the costs and the fel-resources needed to finance the projects. Revenue sources within the first year of the CIP reflect current fund balances as well as anticipated annual revenue collection. Within the first three years of the CIP projects are funded entirely with "committed" revenue sources. "Committed" revenue sources are revenue sources that currently exist Proiects in. vears four and five of the CIP are funded partially through "planned" revenue sources "Planned" revenue sources are sources available to the County that have not been utilized In this case, the one planned revenue source programmed in the CIP is the imposition of an additional six cents of local. option gas tax. The Capital Improvements Element (CIE) itself consolidates the capital improvements needs of all elements of the Comprehensive Plan into an overall five-year Capital Improvements Schedule. The overall program lists the needs, costs, timeframes, priorities, and the necessary financial resources to implement the identified capital improvement projects in the various elements of the plan in the next five years. Impact Fees/Capacity Charges Impact fees are charges to developers for off-site improvements that must be provided by the local government to serve new development. This financing technique is one strategy that the county can use for implementing the CIE. Currently, the county has nine impact fees in place; these are traffic impact fees, which became effective in 1986, and eight additional impact fees which became effective in June of 2005. Those eight new impact fees are assessed for the following service delivery categories: solid waste, public schools, fire/ems, parks and recreation, correctional facilities, law enforcement, libraries, and public buildings. In October 1999, the county's water and sewer impact fees were reclassified as capacity charges. A capacity charge is a fee charged to the direct beneficiaries of improvements in order to fund the capital cost incurred by the water and wastewater utility to provide capacity to serve new utility customers. Community Development Department Indian River County 26