Laserfiche WebLink
Indian River County 1 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 />160%T <br />140% <br />120% <br />40% <br />20% <br />0% <br />Figure III -1 <br />Solid Waste Impact Fee — Affordable Growth Approach <br />_--__ <br />u-- <br />IRC Average <br />_..Annual <br />./.....*.'....°--------" <br />Total Cost <br />Maximum Impact fee <br />Las Curve <br />0.0095 1.00% 2.0090 3.0096 4.0045 5.0096 6.00% 7.00% 8.00% 9.00% 10.00% <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 />G7 <br />