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11/10/2015 Impact Fee Update
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11/10/2015 Impact Fee Update
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Last modified
7/2/2018 2:04:05 PM
Creation date
3/3/2016 10:42:06 AM
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Meetings
Meeting Type
BCC Regular Meeting
Document Type
Agenda Packet
Meeting Date
11/10/2015
Meeting Body
Board of County Commissioners
Subject
Impact Fee Update Study
Tindale Oliver & Associates
Supplemental fields
SmeadsoftID
13707
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Indian River County I 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 /> Staff Recommended Fee Rate <br /> The County staff recommends adopting the full calculated impact fee for law enforcement <br /> services. <br /> Law Enforcement Impact Fee Schedule Comparison <br /> As part of the work effort in updating Indian River County'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 nearby jurisdictions. Table VII-7 presents this comparison. <br /> Tindale-Oliver&Associates, Inc. Indian River County <br /> June 2014 87 Impact Fee Update Study <br /> l22 <br />
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