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Indian River County I Impact Fee Update Study <br /> X. Educational Facilities <br /> Educational facilities impact fees are used to fund the capital construction and expansion of <br /> land, facilities and capital equipment required to support the additional school facilities <br /> demand created by new growth. This section presents the results of the educational <br /> facilities impact fee update study for Indian River County and will serve as the technical <br /> support document for the calculated school impact fee schedule. <br /> There are several major elements associated with the development of the educational <br /> facilities impact fee. These include: <br /> • Facility Inventory <br /> • Service Area and Enrollment <br /> • Facility Service Delivery <br /> • Cost Component <br /> • Credit Component <br /> • Net Impact Cost per Student <br /> • Student Generation Rate <br /> • Calculated Educational Facilities Impact Fee Schedule <br /> • Affordable Growth Strategy <br /> • Educational Facilities Impact Fee Schedule Comparison <br /> Facility Inventory <br /> The Indian River County School District provides public education facilities that are available <br /> to all school-age residents of Indian River County. As such, this analysis will consider all <br /> public elementary, middle, and high school level facilities and the students attending these <br /> facilities located throughout and living within Indian River County. <br /> The District currently operates 19 traditional public schools that serve the students of Indian <br /> River County and its municipalities, including 13 elementary schools, 4 middle schools, and <br /> 2 high schools. The District's current traditional school inventory (excluding charter, <br /> alternative or adult education) is provided in Appendix G,Table G-1. <br /> Tindale-Oliver&Associates, Inc. Indian River County <br /> June 2014 127 Impact Fee Update Study <br /> � 4Z <br />