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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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Executive Summary <br /> In response to high growth levels and the need to provide infrastructure to support this <br /> growth, Indian River County (IRC) implemented a Transportation Impact Fee in 1986. In <br /> 2005, the County adopted impact fees in eight additional program areas. The technical <br /> studies for all program areas were updated in 2007; however, these technical studies were <br /> not adopted. Of the nine program areas, only the transportation impact fee was later <br /> updated substantially in 2009 by an internally generated County update using data from the <br /> 2005 and 2007 studies, resulting in a fee reduction for almost all the land uses. The eight <br /> non-transportation program fees were slightly modified in the 2009 update. Since then, the <br /> County suspended the collection of five impact fee areas to promote construction during <br /> the economic downturn, and more recently extended suspension of correctional facilities, <br /> solid waste, and public buildings impact fees. <br /> Indian River County has retained Tindale-Oliver & Associates, Inc. (TOA) to prepare an <br /> update study to reflect changes to the impact fee variables for all program areas. In <br /> addition, the direction received from the Board of County Commissioners (BOCC) is to <br /> maintain the residential land uses at the current level and develop a methodology to reduce <br /> non-residential impact fees. <br /> To address the goal of reducing fees for non-residential land uses, TOA developed the <br /> Affordable Growth methodology, which takes into consideration revenues received from <br /> the existing development that will be used toward capacity expansion projects. As <br /> population growth rates decrease, the existing development's ability to assist in absorbing <br /> new growth's impact while maintaining the level of service (LOS) becomes more possible. <br /> The Affordable Growth method calculates the necessary impact fee levels to maintain the <br /> existing/achieved LOS given a certain level of non-impact fee funding at an estimated <br /> growth rate. It is important to note that whether to fund capacity expansion projects solely <br /> with impact fee collections or supplement them with alternative funding sources is largely a <br /> policy decision, allowing the County to contribute or limit non-impact fee funding in its <br /> service areas as appropriate based on its capital improvement planning goals and the <br /> nature of its existing impact fee program. <br /> In Florida, legal requirements related to impact fees have primarily been established <br /> through case law since the 1980's. Generally speaking, impact fees must comply with the <br /> "dual rational nexus" test, which requires that they: <br /> Tindale-Oliver&Associates, Inc. Indian River County <br /> June 2014 ES-1 Impact Fee Update Study <br />
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