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Indian River County I Impact Fee Update Study Table V-8 Library Materials and Equipment Cost per Resident Element Figure Library Materials Value per Item(l) $54 Adopted LOS Standard for Materials per Resident(2) 3.20 Library Materials Value per Resident(3) $172.80 Computers- Unit Value(4) $1,450 Adopted LOS Standard for Computers per Residential 0.0007 Computer Value per Resident(6) $1.02 Other Library Equipment Value per Item(7) $4,829 Adopted LOS Standard for Other Library Equipment per Resident(8) 0.0002 Other Library Equipment Value per Resident(9) $0.97 Total Materials and Equipment Cost per Resident(10) $174.79 (1) Source:Table V-2 (2) Source:Table V-4 (3) Library materials value per item(Item 1)multiplied by the adopted LOS standard for materials per resident(Item 2) (4) Source:Table V-3;Total value divided by the number of items available for public use (5) Source:Table V-4 (6) Unit value of computers(Item 4)multiplied by the adopted LOS standard for computers per resident(Item 5) (7) Source:Table V-3;Total value divided by the number of items available for public use (8) Source:Table V-4 (9) Other library equipment cost(Item 7)multiplied by the adopted LOS standard for other library equipment per resident(Item 8) (10)Sum of library materials,computer,and other library equipment costs per resident (Items 3,6,and 9) Credit Component To avoid overcharging new development, a review of funding for library capital expansion projects over the past five years and those programmed for the next five years was completed. The purpose of this review was to determine any potential revenues generated by new development, other than impact fees, that are being used or will be used to fund the expansion of capital facilities, land, and materials for the County's libraries program. This review suggests that historically the County used primarily State grants to fund a portion of capacity expansion over the past five years and has no capacity projects included in the CIP. Tindale-Oliver&Associates, Inc. Indian River County June 2014 57 Impact Fee Update Study az