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- CODE OF ORDINANCES <br />Title X. - IMPACT FEES <br />CHAPTER 1011. ADMINISTRATIVE CHARGES <br />(4) Each participating municipality shall be entitled to retain two (2) percent of the funds collected <br />under this title to compensate them for the administrative expense of administering this title, which <br />is reasonable and necessary to collect impact fees assessed by this title. <br />(Ord. No. 2005-015 5-17.05) <br />Section 1011.03. Computation. <br />The amount of the fees imposed by this chapter shall be determined by the fee schedule attached as <br />Appendix A to this title and incorporated by reference herein, or by the manner set forth in subsection <br />1000.08(3). <br />(Ord. No 2005-015. 5-17-05) <br />Section 1011.04. Use of funds. <br />(1) All funds collected by this chapter shall be used for the purpose of administering the impact fee <br />collection program and not for maintenance or operations of other programs. <br />(2) Funds shall be expended in the order in which they are collected. <br />(Ord. No. 2005-015. 5-17-05) <br />Updates are shown highlighted with ctfikc throu^hs and underlines. Strike -through wording will be <br />deleted from the ordinance, underlined wording will be added. <br />Indian River County, Florida, Code of Ordinances Page 38 <br />160 <br />