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5/18/1995
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5/18/1995
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7/23/2015 12:05:11 PM
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Meetings
Meeting Type
Special Call Meeting
Document Type
Minutes
Meeting Date
05/18/1995
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� ® r <br />producing capital improvements. In fact, some of this revenue is <br />restricted for roadway maintenance activities rather than for <br />general transportation improvements. Since the County currently <br />maintains approximately 650 miles of paved and unpaved roadways and <br />approximately 85 bridges, the county expends a substantial sum for <br />transportation related maintenance activities. Due to the large <br />number of roads and bridges that must be maintained, the County <br />tends to spend all of its gas tax revenue for maintenance, with <br />little or none left for capital facilities expansions. <br />Since gas tax revenues are used primarily for maintenance <br />activities, that leave impact fees as the principal source of <br />capital expansion funding for roads. Without impact fees, <br />transportation capital improvements would need to be funded from <br />other sources such as the County's General Revenue Fund, an account <br />which receives money through a number of methods. The most <br />substantial method of funding the County's General Fund is the <br />levying of ad -valorem property taxes, a source which contributes <br />approximately forty percent (40%) of the county's total revenues. <br />Some roadway improvements may be funded by the state using federal <br />transportation funds. These funds, however, are limited and cannot <br />meet all of the county's needs. <br />Since impact fees are the county's principal source of funds for <br />transportation capital improvements, any elimination or reduction <br />of traffic impact fees will require more reliance on the County's <br />other general revenue funding, unless the impact fee funds are <br />replaced or somehow paid by another source. <br />• Water & Sewer Impact Fees <br />As noted, both Indian River County and the City of Vero Beach <br />assess water and sewer impact fees for new development. The County <br />implemented its water and sewer impact fee charges in 1981, and the <br />City of Vero Beach implemented its water impact fee in 1981 and its <br />sewer impact fee in 1987. Both the Indian River County'Utilities <br />Department and the City of Vero Beach Utilities Department are <br />established as enterprise funds which must operate- as financially <br />self-sufficient entities, separate from "their respective <br />governments. As such, the departments cannot. receive general <br />funding from their governments' respective General Revenue Funds. <br />Instead, the two departments must rely on their revenue stream to <br />fund operations and capital improvements. <br />o Indian River County <br />The County Utilities Department is effectively divided into <br />separate water and sewer operations, and their related. improvements <br />must be funded by the respective utility operations. Impact fees <br />are collected from developers constructing projects in the County's <br />water and sewer service areas when the project will be connecting <br />to a county water or sewer facility. As with Transportation Impact <br />Fees, water and sewer impact fees may be refunded to developers, <br />should the developer not complete the project for which the impact <br />fees were paid. Once a project has been completed and connected to <br />the water or sewer facility, however, the impact fees paid will not <br />be refunded. <br />Between 1981 and 1991, the County Utilities Department collected a <br />total of $20,132,884.00 in water and sewer impact fees. From the <br />collected fees, however, some refunds were issued. The remaining <br />fees have effectively been spent by the Utilities Department in <br />order to fund the Utilities Department's ongoing capacity <br />improvement programs. Furthermore, the Utilities Department's <br />capital improvements plan identifies ;120,778,000.00 in anticipated <br />water and sewer system capacity improvements to accommodate the <br />County's projected growth through the year 2002. Since the <br />19 <br />MAY 189 1995 <br />BOOK 95 FACE 128 <br />I1 <br />
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