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Introduction <br /> The Capital Improvements Element(CIE)summarizes the needed capital facilities identified in the <br /> county's comprehensive plan and describes the financial means by which identified needed facilities <br /> are to be funded. The CIE also demonstrates the economic feasibility of the entire comprehensive <br /> plan and prioritizes the funding of all the public facilities identified in the county's comprehensive <br /> plan based on the level of need and the availability of funds. <br /> For purposes of this element,a capital improvement is a substantial facility(land,building,or major <br /> equipment)that costs at least$100,000 and which is required to maintain adopted level-of-service <br /> standards or to meet objectives identified in the county's comprehensive plan. <br /> Included in the CIE are an existing conditions section, an analysis section, a concurrency <br /> management section,a goals,objectives,and policies section,and an implementation section. While <br /> financial resources and existing local policies and practices are discussed in the existing conditions <br /> section,the fiscal condition of both the county and its comprehensive plan, as well as other issues <br /> concerning capital improvement projects,are assessed in the analysis section of this element. In the <br /> concurrency management section, the administrative framework for maintaining public facility <br /> service levels is addressed while the county's overall capital improvements strategy is discussed in <br /> the goals, objectives and policies section. Finally, a 5-Year Schedule of Capital Improvements, as <br /> well as monitoring and evaluation programs, can be found in the implementation section of this <br /> element. <br /> Community Development Department Indian River County <br /> Adopted December 5,2017,Ordinance 2017-015 1 <br />