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Comprehensive Plan Public School Facilities Element District's capital plan is sufficient to fund necessary capital improvements and is financially feasible. School Concurrency Process Mandated by Florida Statutes Section 163.31.80, a school concurrency process must be established in each Florida County to ensure that the school facilities necessary to accommodate a residential development are available concurrent with the school needs of that development. Because school concurrencrequires participation by the County, the School District, and the municipalities in the County, the parameters of the school concurrency process are reflected in an Interlocal Agreement for Public School Concurrency entered into by all parties involved with public school concurrency In Indian River County, the school concurrency process involves a School Distict review of, all non-exempt residential development project applications submitted to local governments in the County for a determination of whether sufficient school capacity exists to accommodate the impacts of the proposed project Exempt uses are existing lots and parcels created before July 1 200$ non-residential projects residential projects that do not increase the number of units residential multi -family projects receiving final site plan approval prior to July 1 200$ and age restricted projects For school concurrency purposes the School District will maintain a development review table (DRT). The DRT is a database containing school capacity and demand data by SSA. In each SSA capacity is the sum of FISH capacity (including type 4 portables) and the capacity attributable to schools proposed for construction in the next three years as reflected in the adopted five year facility plan. Within the DRT, demand by SSA will be reflected by the Fall FTE count plus demand reflected by vested development. Vested development consists of all development for which a final concurrency certificate has been issued. This includes exempt uses such as lots created prior to July 1, 2008. Concurrency certificates are issued by local governments and confirm that adequate school capacity is available to accommodate a development project at the adopted level of service standard A final concurrency certificate is an acknowledgement that impact fees have been paid and capacity has been reserved. This capacity reservation however, will expire unless construction commences within. a specified time. Because the development process is dynamic the DRT changes constantly. As indicated the School. District will update the DRT whenever a concurrency certificate is issued or expires. The School District will also conduct a major update on an annual basis Each fall, the School District will. update the DRT to reflect the new Fall FTE Numbers At the same time, the vested numbers will be reduced by the number of certificates of occupancy issued during the past year. This process is based upon the expectation that the newest enrollment figures reflect the students living in the recently C'O"ed units Also Community Development Department 33