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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(Impact Fee Update Study <br /> Table VIII-7 <br /> Historical and Programmed Capital Costs <br /> rr �: rr: r• rr• r t r r [oilr <br /> Sales Tax: <br /> $1,512,092 <br /> Parks Maintenance Complex <br /> -M$1,512,092Gifford Park Security House $146,084 $146,084 <br /> $1,000,000 $1,000,000 <br /> West County Regional Park <br /> $50,0North County Soccer Lights <br /> _ 4$1,843,M5 <br /> South County Regional Park Fence Project Ph.IISouth County Intergenerational Multi-Purpose Facility = - - = _ = 3 343 545Subtotal--Expenditures Funded with <br />SalesTax Revenues $146,084 $1,512,092 $1,050,000 $6,151,721 <br /> Subtotal--Average Annual Expenditures Funded with Sales Tax Revenues(2) <br /> $615,172 <br /> Average Annual Expenditures per Resident(Sales Tax)131 <br /> $6.31 <br /> General Fund Revenues&Grants: <br /> $15,210 <br /> Gifford Park Football Fields <br /> - $15,210 - - - - - - - - <br /> $23,310 <br /> Irrigation of Football Fields(Gifford Park) $23,310 - <br /> 200 00 52DO.000 <br /> Oslo Boat Ramp&Parking - - - <br /> " _ _ $200 000 _ _ $238,520 <br /> Subtotal--Expenditures Funded with General Fund&Grants $23,310 $15,210 <br /> $23,852 <br /> Subtotal--Average Annual Expenditures Funded with General Fund&Grants(4) <br /> Average Annual Expenditures per Resident(General Fund&Grants)(') <br /> Sales Tax and General Fund Revenues and Grants: <br /> Total $169,394 $15,210 $1,512,092 $0 $0 $2,043,545 $1,600,000 $0 $0 $1,050,000 $6,390,241 <br /> $639,024 <br /> Average Annual Expenditures 161 <br /> 97,443 <br /> Average Annual Population-Unincorporated County 17) <br /> $6.56 <br /> Average Annual Expenditures per ResidentI'l <br /> (1) Source:Indian River County <br /> (2) Subtotal—expenditures funded with sales tax revenues divided by 10 years <br /> (3) Subtotal—average annual expenditures funded with sales tax revenues(Item 2)divided by the average annual population(Item 7) <br /> (4) Subtotal—expenditures funded with general funds&grants divided by 10 years <br /> (5) Subtotal—average annual expenditures funded with general fund&grants(Item 4)divided by the average annual population(Item 7) <br /> (6) Total parks&recreational facilities expenditures divided by 10 years <br /> (7) Source:Appendix A,Table A-1;Unincorporated County <br /> (8) Average annual expenditures(Item 6)divided by the average annual population(Item 7) <br /> Indian River County <br /> Tindale-Oliver&Associates,Inc. <br /> 99 Impact Fee Update Study <br /> June 2014 <br /> r <br /> W <br />
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