Laserfiche WebLink
Indian River County)Impact Fee Update Study <br /> Table IV-5 <br /> Capital Expansion Project Funding per Functional Residentl'I <br /> Description FY 2007/08 FY 2008/09 FY 2009/10 FY 2010/11 FY 2011/12 FY 2012/13 FY 2013/14 FY 2014/1S FY 2015/16 IFY 2016/17 Total <br /> Optional Sales Tax.- <br /> Expansion <br /> ax:Expansion of Fiber Optic Network $359,680 $118,508 $478,188 <br /> Displaced Courtroom(Additional Offices) - - $2,000,000 $2,000,000 <br /> Emergency Operations Center152 640 306 586 - 459 226 <br /> Subtotal--Expenditures Funded with Sales Tax Revenues $4,152,640 $306,586 $359,680 $2,118,508 $6,937,414 <br /> Subtotal•-Average Annual Expenditures Funded with Sales Tax Revenues(z) $693,741 <br /> Average Annual Expenditures per Resident(Sales Tax)(3) $4.94 <br /> Court Facility Surcharge: <br /> New Courtroom Facilities 250 000 $250,000 <br /> Subtotal--Expenditures Funded with Court Facility Surcharge Revenues $0 $0 $250,000 $250,000 <br /> Subtotal--Average Annual Expenditures Funded with Court Facility Surcharge Revenue S(4) $25,000 <br /> Average Annual Expenditures per Resident(Court FacilitySurcharge)(5) $0.18 <br /> Optional Sales Tax and Court Facility Surcharge: <br /> Total-Public Buildings 1 $4,152,640 $306,586 1 $359,680 $2,368,508 1 $7,187,414 <br /> Total Public Buildings Expansion Expenditures per Year(6) $718,741 <br /> Average Annual Functional Population(7I 140,301 <br /> Annual Public Buildings Expansion Expenditures per Resident(a) $5.12 <br /> (1) Source:Indian River County <br /> (2) Public buildings expenditures funded by the optional sales tax divided by 10 years <br /> (3) Subtotal—average annual expenditures funded with sales tax revenues(Item 2)divided by the average annual functional population(Item 7) <br /> (4) Public buildings expenditures funded with court facility surcharge revenues divided by 10 years <br /> (5) Subtotal—average annual expenditures funded with court facility surcharge revenues(Item 4)divided by the average annual functional population(Item 7) <br /> (6) Sum of the subtotal expenditures funded with sales tax revenues and the subtotal expenditures funded with court facility surcharge revenues <br /> (7) Source:Appendix A,Table A-11 <br /> (8) Total public buildings expansion expenditures per year(Item 6)divided by average annual functional population(Item 7) <br /> Tindale-Oliver&Associates,Inc. Indian River County <br /> September 2014 42 Impact Fee Update Study <br /> L <br />