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Indian River County I Impact Fee Update Study <br /> portion of the cost of building a lane mile of capacity directly related to the amount of <br /> capacity consumed by each unit of land use contained in the impact fee schedule that is not <br /> paid for by future tax revenues generated by new development. <br /> It should be noted that the information used to develop the impact fee schedule was based <br /> on the most recent, reliable, and localized data available. The following input variables <br /> used in the fee equation: <br /> Demand Variables: <br /> • Trip generation rate <br /> • Trip length <br /> • Percent new trips <br /> • Interstate and toll facility discount factor <br /> Cost Variables: <br /> • Cost per lane mile <br /> • Capacity added per lane mile <br /> Credit Variables: <br /> • Equivalent gas tax credit (pennies) <br /> • Present worth <br /> • Fuel efficiency <br /> • Effective days per year <br /> A review of impact fee variables and corresponding recommendations are presented in the <br /> following subsections. <br /> Tindale-Oliver&Associates, Inc. Indian River County <br /> June 2014 106 Impact Fee Update Study <br /> l4 � <br />