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Comprehensive Plan Capital Improvements Element Fiscal Assessment Summary This section provides an analysis of the county's revenues and expenditures for its capital improvement needs for the five-year period beginning in FY 2011/12 and ending in FY 2015/16. While Appendix A details all of the capital improvement projects for the next five fiscal years for each individual comprehensive plan element by cost, timeframe, and revenue source(s), Table 6.7 provides general revenue projections for the county through fiscal year 2015/16. As shown in Table 6.7, the County will generate $1,416,156,226 in revenues from general funds, enterprise funds, and internal funds from fiscal year 2011/12 to fiscal year 2015/16. Sources of these funds include sales taxes, property taxes, grants, impact fees, and other revenues. Portions of the money needed for the capital improvements listed within Appendix A will come from the same $1,416,156,226. Overall, the county will have enough revenue to cover the costs associated with the five year capital improvements program. For all projects contained within the County's Capital Improvements project list, the total estimated cost is $226,406,978 for the next five fiscal years. This is 15.99% of the overall general fund revenues for the same time period. Concurrency ManaLrement Plan To ensure that level -of -service standards are maintained, it is necessary to have a system in place that provides the criteria for measuring facility capacity, assessing development demand on applicable facilities, and monitoring service levels for applicable facilities. That system will set the parameters for issuing development orders consistent with level -of -service standards. While this concurrency management plan sets policies and establishes a process, the specific application of this system is through the county's land development regulations. As per state requirements, these regulations define the details of the concurrency management system and establish its administrative requirements. The major purpose of the concurrency management system is to detail the specifics of implementing the county's level -of -service standards. For that reason, the concurrency management system must apply to all development activity in the county. The system must then identify the applicable standards for each facility, the geographic scope of each facility, and the method of monitoring facility capacity changes. Most importantly, this system must specify when facilities are considered available. Project Applicability Community Development Department Adopted November_, 2011, Ordinance 2011 Indian River County 41