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Indian River County I Impact Fee Update Study <br /> Affordable Growth Strategy <br /> As presented in Figure III-1, due to the availability of a large amount of non-impact fee <br /> revenue and relatively low growth rate, the County does not need any impact fee revenues <br /> to maintain the current LOS. If the County decides not to use the recurring revenues <br /> toward future customer convenience centers, the calculated impact fee for a mid-size single <br /> family home would be approximately $213 ($94.34 multiplied by 2.26 persons per housing <br /> unit) and the full impact fee would be needed for this service. <br /> Figure III-1 <br /> Solid Waste Impact Fee—Affordable Growth Approach <br /> 160% -------- - -- - - <br /> --------------- <br /> -------------------------------- <br /> 140% <br /> --------- ----- ._-IRC Average-- -------- <br /> - <br /> Annual_..._ <br /> 120% --------- --_ <br /> ----------------------------------- <br /> 1009/0 <br /> N <br /> -------------------------------------------- <br /> . . <br /> _ --------- <br /> A <br /> r <br /> ------------------------------------------------------ <br /> 6096 --------- -------- <br /> ------------------------ <br /> Total Cost - <br /> -Maximum Impact Fee <br /> 20% --------- - ------------------------------ -- ---LOS Curve <br /> 00/0 - T -T-----------r . <br /> 0.00% 1.00% 2.00% 3.00% 4.00% 5.00% 6.00% 7.000/6 8.00% 9.00% 10.0095 <br /> Annual Growth Rate <br /> Staff Recommended Fee Rate <br /> In the case of solid waste impact fees,the County staff recommends suspending the fee <br /> schedule based on affordable growth calculations. <br /> Solid Waste Impact Fee Schedule Comparison <br /> As mentioned previously, solid waste impact fees are relatively rare. Table III-6 presents the <br /> comparison of Indian River County's existing and calculated fees to those jurisdictions that <br /> do collect a solid waste impact fee. <br /> Tindale-Oliver&Associates, Inc. Indian River County <br /> June 2014 32 Impact Fee Update Study <br /> (,7 <br />