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Indian River County I Impact Fee Update Study <br /> fee revenues collected. Over time, the park land and park improvement demanded by new <br /> development are provided, based on the County's ongoing capital improvements planning <br /> process. During this process, the dollar amount of investment per person will remain <br /> constant as land is converted to a park through the construction of recreational facilities. <br /> In summary, a consumption based impact fee is calculated as the value of all related capital <br /> assets per population rather than a single component of these assets (such as park land, fire <br /> station, law enforcement officers, etc. per population). <br /> The following provides the LOS used in the calculations of impact fee levels for each <br /> program. Dollar amounts indicated are for additional capital assets. <br /> • Correctional Facilities: $186 per functional resident. <br /> • Educational Facilities: 1 permanent station per student, which includes an average <br /> of 148 permanent net square footage per student station and $24,114 of capital <br /> investment per student. <br /> • Emergency Services: $201 per functional resident. <br /> • Law Enforcement: $274 per functional resident. <br /> • Libraries: $310 per weighted resident. <br /> • Parks and Recreational Facilities: $836 per weighted resident. <br /> • Public Buildings: $480 per functional resident. <br /> • Solid Waste: $64 per weighted resident. <br /> • Transportation: The average level of service for impact fee calculations for Indian <br /> River County is "D" during peak hour, peak season, peak direction conditions for all <br /> roadways in the county. This suggests that some roads will operate above LOS D <br /> while others will operate below LOS D. <br /> Implementation Issues <br /> This section addresses several considerations as part of the implementation of the impact <br /> fee program. <br /> Fee Calculations <br /> • Calculated impact fees represent a land use's proportionate impact on infrastructure <br /> over the life of that land use. For example, a home is likely to go through cycles <br /> where at times it houses one or two people, such as a young couple without children <br /> Tindale-Oliver&Associates, Inc. Indian River County <br /> September 2014 7 Impact Fee Update Study <br />