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<br />Table 10 shows the annual recreation benefits, the total 30 -year recreation
<br />benefit, and the present value of the stream of annual benefits over the life of the
<br />project. This information is broken out by sector and is also presented for all the
<br />sectors.
<br />I otals nilly not and due to rounding
<br />Source: 1998 Indian River County Beach Users Survey
<br />Table 10
<br />Present Value of Annual
<br />Beach Recreational Benefits
<br />Sectors 1 and 2
<br />Annual
<br />Present
<br />Percent
<br />Benefit
<br />30 Yr. Total
<br />Value
<br />PV
<br />County{Island)
<br />$18,763
<br />$562,890
<br />$367,763
<br />7.690%
<br />County(Main)
<br />$68,798
<br />$2,063,930
<br />$1,348,465
<br />28.21%
<br />Tourist (Day)
<br />$53,162
<br />$1,594,855
<br />$1,041,995
<br />21.79%v
<br />Tourist (Non Pay)
<br />$34,399
<br />$1,031,965
<br />$674,232
<br />14.10%
<br />Tourist (Pay)
<br />$68,798
<br />$2,063,930
<br />$1,348,465
<br />28.21%
<br />Total
<br />$243,919
<br />$7,31.7,570
<br />$4,780,920
<br />100.00%
<br />Sector 3
<br />Annual
<br />Present
<br />Percent
<br />Benefit
<br />30 Yr. Total
<br />Value
<br />PV
<br />CoLmty(lsland)
<br />$33,eno
<br />$1,010,974
<br />$860,518
<br />5.09 Co
<br />County(Main)
<br />$264,998
<br />$7,949,931
<br />$5,194,072
<br />40.05%
<br />Tourist (day)
<br />$82,716
<br />$2,481,481
<br />$1,621,271
<br />12.50%
<br />Tourist (Non Pay)
<br />$88,843
<br />$2,665,295
<br />$1,741,365
<br />13.43%
<br />Tourist (Pay)
<br />$191,472
<br />$5,744,170
<br />$3,752,942
<br />28.94%
<br />Total
<br />$661,728
<br />$19,851,851
<br />$12,970,168
<br />100.00%
<br />Sector 5
<br />Annual
<br />Present
<br />Percent
<br />Benefit
<br />30 Yr. Total
<br />Value
<br />PV
<br />County(Island)
<br />$131,625
<br />$3,948,761
<br />$2,579,915
<br />7.92%
<br />County(Main)
<br />$702,002
<br />$21,060,058
<br />$13,759,548
<br />42.24%
<br />Tourist (Day)
<br />$307,126
<br />$9,213,776
<br />$6,019,802
<br />18.48%0
<br />Tourist (Non Pay)
<br />$274,220
<br />$8,226,585
<br />$5,374,823
<br />16.50%
<br />Tourist (Pay)
<br />$246,798
<br />$7,403,927
<br />$4,837,341
<br />14.85%
<br />Total
<br />$1;661,770
<br />$49,853,107
<br />$32,571,4301
<br />100.00%
<br />Alt
<br />Sectors
<br />Annual
<br />Present
<br />Percent
<br />Benefit
<br />30 Yr. Total
<br />Value
<br />PV
<br />County(Island)
<br />$184,087
<br />$5,522,625
<br />$3,608,196
<br />7.17%
<br />County(Main)
<br />$1,035,797
<br />$31,073,920
<br />$20,302,085
<br />40.34%
<br />Tourist (Day)
<br />$443,004
<br />$13,290,112
<br />$8,683,069
<br />17.25%
<br />Tourist (Non Pay)
<br />$397,462
<br />$11,923,845
<br />$7,790,421
<br />15.48%
<br />Tourist (Pay)
<br />$507,068
<br />$2,567,418
<br />$15,212,027
<br />$77,022,528
<br />$9,938,748_
<br />$50,322,51B
<br />19.75%
<br />Total
<br />T.. .1.
<br />00.00%
<br />I otals nilly not and due to rounding
<br />Source: 1998 Indian River County Beach Users Survey
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