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��� <br />NOV 17'1982 <br />WOK F,���� 94 <br />TABLE 1 (Continued) <br />County & School District Expenditures by Service Category <br />Indian River County, Florida <br />Salaries & Wages/ = Of <br />School District 2 Other Expenses Total <br />Operating (including <br />statutory) $29,104,544.91 <br />94.5 <br />Debt Service 2,265,984.76 <br />5.5 <br />TOTAL $31,370,529.67 100.0 <br />I. ANALYSIS OF MOBILE HOME PARK DEVELOPMENT (Continued) <br />Anal sis <br />To Determine the per capita costs of a residential facility, <br />a figure which represents costs assignable only to residential <br />development must be determined. In other words, non-resi- <br />dential costs must be separated from the County's total <br />expenditures. <br />The first step in doing this requires determining the non- <br />residential share of total local real property value. Table <br />2 lists the County's total property value and the value of <br />non-residential land. <br />Value of Non -Residential Property: $365,164,210 <br />Total Property Value: <br />$2,748,4 1,877 _ .13 <br />In Indian River County non-residential land uses comprise 13% <br />of the total value of all locally taxable real property. <br />Taking the number of non-residential land parcels and the total <br />number of locally taxable land parcels from Table 2, it can <br />be seen that the average value of a local non-residential <br />parcel exceeds the average value of all local property by a <br />factor of 2.62. <br />Non -Resign tial Real Property Valu = $365,164,210 $127,014 <br />Number —0 f Non -Residential Land -Kr-cels 2,87T_ - <br />per <br />Total Local Real Prop. Value = $2,748,4610,877 ~ 4 Parcel <br />Total Number of Parcels = $48,450 <br />56,728 per <br />parcel <br />Ratio of Non -Residential to = $127,014 = 2.62 <br />Average Parcel Value 48,450 <br />TABLE 2 <br />Indian River County Property Values <br />1. Total local assessed real <br />value.3 «$2,336,134,150 <br />2. Total local real property value for non- <br />residential pro erties.3 <br />310,389,580 <br />3. Local equalization ratio.3 <br />.85 <br />4. Total local equalized real Prop. value (1:3) $2,748,393,118 <br />5. Total local equalized non-residential real <br />Property value (2:3) <br />365,164,212 <br />6. Total number of taxable landarcels.3 <br />' 56,728 <br />7, Total number of non residential land parcels.3 2,875 <br />equalized real property value/parcel (4:6-) <br />$48,449 <br />9• Avg. equalized non-residential real property <br />value/parcel (5:7) <br />r <br />2 <br />Fndian-River Co. School Dist 111982 <br />127,014 <br />3 -83 Dist. Summary Budget." <br />�. Property Appraiser's me Interim Report 1982-� <br />