Laserfiche WebLink
s <br />Indian River County 1 Impact Fee Update Study <br />Authority to Impose Impact Fees in Indian River County <br />• IRC is a non -charter county. <br />o A non -charter county derives its authority from the state constitution and <br />statutory sources; <br />o A non -charter county may adopt ordinances that are not inconsistent with <br />general law; and <br />o A non -charter county may adopt countywide ordinances that do not conflict <br />with municipal ordinances. <br />• The fiscal burden of providing countywide services' must be borne by property <br />owners in both the unincorporated and incorpor`atedareas of the county. <br />This technical report has been prepared to support legal compliance with existing case law <br />and statutory requirements. Although the Florida courts have yet to expressly address the <br />methodology underpinning the Affordable Growth Strategy, this aspect' -of the report is <br />based on the long-standing legal standards described,iri this section. The technical report <br />also documents the methodology components for each of the impact fee areas in the <br />• <br />following sections, including an evaluation of the inventory, service area, level -of -service <br />(LOS), cost, credit, and demand components:,, Information,, supporting this analysis was <br />obtained from the County and other sources, as,indicated.. <br />Affordable Growth Strategy <br />One pl the -study -goals, is toevaluate th'e, possibility of providing impact fee discounts to <br />non=residential land uses: TOA developed the affordable growth methodology, which takes <br />into consideration revenues'received:from the existing development that are used toward <br />capacity expansion projects:; It calculates the necessary impact fee levels to maintain the <br />existing/achievedyLOS given a certain level of non -impact fee funding and estimated growth <br />rate. Three components of the affordable growth concept include a rate of growth analysis, <br />fee buy -down by geographic,area, and fee buy -down of "most favored" land uses. <br />• Rate of Growth Analysis — The rate of growth concept allows impact fees to be <br />sensitive to the growth rate within the county. This approach reconciles the <br />relationship between consumption -based and needs -based impact fee <br />methodologies and generally reduces fees in built-up communities that are <br />experiencing relatively slow growth rates compared to the size of the existing <br />development base, while maintaining the existing LOS. <br />Tindale -Oliver & Associates, Inc. Indian River County <br />January 2014 5 Impact Fee Update Study <br />