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01/22/2014 (2)
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01/22/2014 (2)
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Last modified
3/29/2018 4:01:18 PM
Creation date
1/19/2016 1:58:34 PM
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Meetings
Meeting Type
Workshop Meeting
Document Type
Agenda Packet
Meeting Date
01/22/2014
Meeting Body
Board of County Commissioners
Subject
Impact Fee Update Study Workshop
Tindale-Oliver & Associates, Inc.
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• <br />Indian River County 1 Impact Fee Update Study <br />Affordable Growth Strategy <br />Currently, it appears that the only funding source available for law enforcement capital <br />facilities is the impact fee. As such, unless another revenue source is identified, any <br />reduction in the impact fee will result in a decline in the LOS. In addition, the current <br />achieved LOS is lower than the adopted LOS standard. As mentioned previously, the <br />Sheriff's Master Plan identifies two projects that are estimated to cost approximately $25 <br />million to $35 million. These projects are not yet programmed due to lack of funding. <br />Given these, the policy decision should focus on the LOS,and whether the adopted and/or <br />existing LOS should be reduced or impact fees and/or/other revenue sources should be used <br />to maintain/improve the LOS. <br />Law Enforcement Impact Fee Schedule Comparison <br />As part of the work effort in updating Indian RiveriCounty's law enforcement impact fee <br />schedule, the County's calculated impact fee schedule was compared to the adopted fee <br />schedule and those in similar or nearbyjurisdictions. Table VII -7 presents this comparison. <br />1 <br />Tindale -Oliver & Associates, Inc. <br />Indian River County <br />January 2014 83 Impact Fee Update Study <br />
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