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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 IV-S <br /> Capital Expansion Project Funding per Functional Residentlll <br /> Optional Sales Tax: $359,680 $1 $478,188 <br /> 18,508 - - - <br /> Expansion of Fiber Optic Network $2,000,000 <br /> $2,x.0 <br /> Displaced Courtroom(Additional Offices) - _ _ 4 459 226 <br /> Emergency Operations Center 4 152 640 $306,586 = _ = - - _ <br /> $359,680 $2,118,508 $6,937,414 <br /> Subtotal--Expenditures Funded with Sales Tax Revenues $4,152,640 $306,586 $693,741 <br /> Subtotal--Average Annual Expenditures Funded with Sales Tax Revenues1�1 $494 <br /> Average Annual Expenditures per Resident(Sales Tax)1a1 <br /> Court Facfli Surcha e: . 250 000 _ $250,000 <br /> NewCourtroomFacilities - - $250,000 <br /> $250,000 <br /> Subtotal Expenditures Funded with Court Facility Surcharge Revenues $0 $0 <br /> -- $25,000 <br /> Subtotal--Average Annual Expenditures Funded with Court Facility Surcharge Revenues(4) $018 <br /> Average Annual Expenditures per Resident(Court Facility Surcharge)") <br /> Optional Sales Tax and Court Facility Surcharge: $7,187,414 <br /> Total-Public Buildings $4,152,640 $306,586 $359,680 $2,368,508 <br /> $718,741 <br /> Total Public Buildings Expansion Expenditures perYear161 140,301 <br /> Average Annual Functional Populationl71 $5.12 <br /> Annual Public Buildings Expansion Expenditures per Resident1e1 <br /> (1) source:Indian River County <br /> (2) Public buildings expenditures funded by the optional sales tax divided by 10 years <br /> (3) Subtotal-average annual expenditures funded with sales tax revenues(Item 2)divided by the average annual functional population(Item 7) <br /> (4) Public buildings expenditures funded with court facility surcharge revenues divided by 10 years <br /> (5) Subtotal-average annual expenditures funded with court facility surcharge revenues(Item 4)divided by the average annual functional population(Item 7) <br /> (6) Sum of the subtotal expenditures funded with sales tax revenues and the subtotal expenditures funded with court facility surcharge revenues <br /> (7) Source:Appendix A,Table A-11 <br /> (8) Total public buildings expansion expenditures per year(Item 6)divided by average annual functional population(Item 7) <br /> Indian River County <br /> Tindale-Oliver&Associates,Inc. 41 Impact Fee Update Study <br /> June 2014 <br /> c <br />
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