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Indian River County I Impact Fee Update Study <br /> Affordable Growth Strategy <br /> As presented in Figure III-1, due to the availability of a large amount of non-impact fee <br /> revenue and relatively low growth rate, the County does not need any impact fee revenues <br /> to maintain the current LOS. If the County decides not to use the recurring revenues <br /> toward future customer convenience centers, the calculated impact fee for a mid-size single <br /> family home would be approximately $213 ($94.34 multiplied by 2.26 persons per housing <br /> unit) and the full impact fee would be needed for this service. <br /> Figure III-1 <br /> Solid Waste Impact Fee—Affordable Growth Approach <br /> 16096 --------- ----------------- <br /> 140% ---------- - <br /> IRC Average <br /> 12096 -- ------- -- Annual --------------------------------------- <br /> 100% <br /> U <br /> — 80% ----- ---- ---------------- - <br /> A <br /> O <br /> 60% ---- ------- ---------- <br /> 40% --------- --- ------------------------ - — TotalCost <br /> -------------------------- Maximum Impact Fee <br /> LOS Curve <br /> 0% <br /> 0.00% 1.00% 2.00% 3.00% 4.00% 5.00% 6.00% 7.0096 8.00% 9.00% 10.00% <br /> Annual Growth Rate <br /> Staff Recommended Fee Rate <br /> In the case of solid waste impact fees, the County staff recommends suspending the fee <br /> schedule based on affordable growth calculations. <br /> Solid Waste Impact Fee Schedule Comparison <br /> As mentioned previously, solid waste impact fees are relatively rare. Table III-6 presents the <br /> comparison of Indian River County's existing and calculated fees to those jurisdictions that <br /> do collect a solid waste impact fee. <br /> Tindale-Oliver&Associates, Inc. Indian River County <br /> September 2014 33 Impact Fee Update Study <br /> A 38 <br />