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Comprehensive Plan Capital Improvements Element
<br />According to law, all revenues from capacity charges must be spent on infrastructure improvements
<br />that benefit the payer of the capacity charge. Therefore, capacity charge revenue and expenditure
<br />amounts increase and decrease with development. For that reason, forecasting capacity charge
<br />revenues and expenditures is difficult. That system, however, ensures that new development will not
<br />reduce levels of service below County minimums.
<br />Table 6.12: Projectted Expenses for Water, $ewver, and Solid Waste
<br />Fiscal Year
<br />Potable Water &Sanitary Sewer
<br />Solid Weste
<br />2015/16
<br />$37,451,367
<br />$20,411,435
<br />2016/17
<br />$36,979,300
<br />$17,971,000
<br />2017/18
<br />$38,483,000
<br />$13,803,000
<br />2018/19
<br />$38,901,000
<br />$14,148,000
<br />2019/20
<br />$38,790,000
<br />$15,572,000
<br />Source: Indian River County Office of Management and Budget.
<br />In FY 2019/20, the forecast expenses for potable water and sanitary sewer services are expected to be
<br />$38,790,000. That is an increase of 3.45% from the FY 2015/16 forecast expenses of $37,451,367.
<br />Table 6.12 shows that, in FY 2019/20, the projected expenses for solid waste services are expected to
<br />be $15,572,000. That is a decrease of 31.08% from the 2015/16 projected figure of $20,411,435.
<br />Operating Cost Proiections
<br />Table 6.13 provides forecasts of overall operating costs for the County for fiscal years 2015/16
<br />through 2019/20. In fiscal year 2019/20, the County is forecast to incur approximately $239,085,750
<br />in operating costs. Based on the figures shown in table 6.13, the county's operating costs are forecast
<br />to increase 7.44% between 2015/16 and 2019/20.
<br />Tabie 6.13: Indian River ountv, Overall Operitle Cost Pro sections r
<br />FiscalYear Total eratin Costs
<br />2015/16 $221,297,534
<br />2016/17 $226,031,170
<br />2017/18 $232,024,590
<br />2018/19 $233,501,899
<br />2019/20 $239,085,750
<br />Source: Indian River County Office of Management and Budget
<br />Community Development Department Indian River County
<br />Adopted P « . 1 9 2015, Ordinance 2015- oil 36
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