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Indian River County) Impact Fee Update Study
<br />Table VIII -7
<br />Historical and Programmed Capital Costs
<br />Project Descriptionitl FY 2007/08 FY 2008/09 FY 2009/10 FY 2010/11 FY 2011/12 FY 2012/13 FY 2013/14 FY 2014/15 FY 2015/16 FY 2016/17 Total
<br />Sales Tax:
<br />Parks Maintenance Complex
<br />-
<br />-
<br />51,512,092
<br />-
<br />-
<br />-
<br />-
<br />-
<br />-
<br />-
<br />51,512,092
<br />Gifford Park Security House
<br />$146,084
<br />-
<br />-
<br />-
<br />-
<br />-
<br />-
<br />-
<br />-
<br />-
<br />5146,084
<br />West County Regional Park
<br />-
<br />-
<br />-
<br />-
<br />-
<br />-
<br />-
<br />-
<br />-
<br />51,000,000
<br />51,000,000
<br />North County Soccer lights
<br />-
<br />-
<br />-
<br />-
<br />-
<br />--
<br />-
<br />-
<br />550,000
<br />550,000
<br />South County Regional Park Fence Project Ph. II
<br />-
<br />-
<br />-
<br />-
<br />-
<br />-
<br />$100,000
<br />-
<br />-
<br />$100,000
<br />South County Intergenerational Multi -Purpose Facility
<br />-
<br />_
<br />$1,843,545
<br />$1,500,000
<br />$3,343,545
<br />Subtotal -- Expenditures Funded with Sales Tax Revenues
<br />$146,084
<br />-
<br />51,512,092
<br />-
<br />-
<br />$1,843,545
<br />51,600,000
<br />-
<br />-
<br />51,050,000
<br />$6,151,721
<br />Subtotal -- Average Annual Expenditures Funded with Sales Tax Revenues121
<br />$615,172
<br />Average Annual Expenditures per Resident (Sales Tax)131
<br />56.31
<br />General Fund Revenues & Grants:
<br />Gifford Park Football Fields
<br />-
<br />515,210
<br />-
<br />-
<br />-
<br />-
<br />-
<br />-
<br />-
<br />-
<br />515,210
<br />Irrigation of Football Fields (Gifford Park)
<br />523,310
<br />-
<br />-
<br />-
<br />-
<br />-
<br />-
<br />-
<br />-
<br />-
<br />523,310
<br />Oslo Boat Ramp & Parking
<br />--
<br />-
<br />5200,000
<br />-
<br />_
<br />a
<br />y
<br />5200,000
<br />Subtotal -- Expenditures Funded with General Fund & Grants
<br />$23,310
<br />$15,210
<br />_
<br />-
<br />_
<br />-
<br />-
<br />5200,000
<br />-
<br />-
<br />-
<br />-
<br />5238,520
<br />Subtotal -- Average Annual Expenditures Funded with General Fund & Grantst41
<br />523,852
<br />Average Annual Expenditures per Resident (General Fund & Grants)151
<br />$0.24
<br />Sales Tax and General Fund Revenues and Grants:
<br />Total 1 5169,3941 515,2101 $1,512,0921 501 $01 52,043,5451 51,600,0001 501 $01 51,050,000
<br />56,390,241
<br />Average Annual Expenditures(6)
<br />5639,024
<br />Average Annual Population - Unincorporated Countyl'1
<br />97,443
<br />Average Annual Expenditures per Residential
<br />56.56
<br />(1) Source: Indian River County
<br />(2) Subtotal —expenditures funded with sales tax revenues divided by 10 years
<br />(3) Subtotal —average annual expenditures funded with sales tax revenues (Item 2) divided by the average annual population (Item 7)
<br />(4) Subtotal —expenditures funded with general funds & grants divided by 10 years
<br />(5) Subtotal —average annual expenditures funded with general fund & grants (Item 4) divided by the average annual population (Item 7)
<br />(6) Total parks & recreational facilities expenditures divided by 10 years
<br />(7) Source: Appendix A, Table A-1; Unincorporated County
<br />(8) Average annual expenditures (Item 6) divided by the average annual population (Item 7)
<br />Tindale -Oliver & Associates, Inc.
<br />June 2014
<br />99
<br />Indian River County
<br />Impact Fee Update Study
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