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• • • Indian River County 1 Impact Fee Update Study II. Correctional Facilities Correctional facility impact fees are used to fund capital construction and expansion of services related to land, facilities, and capital equipment required to support the additional correctional facility demand created by. new growth. Currently, the correctional facilities impact fee is suspended in Indian River County. This section presents the results of the correctional facility impact fee update study for the County and will serve as the technical support document for the updated correctional facilities -impact fee schedule. There are several major elements associated with -the development of the correctional facilities impact fee. These include: • Facility Inventory • Service Area and Population-- • Level -of -Service • Cost Component • Credit Component • Net Correctional Facilities Impact/Cost • Calculated:Correctional Facilities Impact,Fee Schedule t- • • Affordable Growth•Strate6 • Correctional .Facilities Impact Fee Schedule Comparison These:various elementsare summarized in the remainder of this section, with the result being the -calculated correctional facilities impact fee schedule. Facility Inventory. The correctional facilities inventory includes the County's jails and other related facilities that are primarily for the provision of corrections and does not include any of the buildings or portions thereof included in the calculation of other impact fees. According to information provided by the County, Indian River County has a total of 258,000 square feet of correctional facility -related space. This includes the square footage of all four phases of the Correctional Facility as well as other related buildings, such as the guardhouses, warehouse visitation building, and maintenance shop. Table 1 presents a Tindale -Oliver & Associates, Inc. Indian River County January 2014 9 Impact Fee Update Study