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v <br />r--] <br />TABLE OF CONTENTS <br />Section <br />Executive Summary <br />1.0 Introduction 1 <br />1.1 Purpose 3 <br />1.2 Benefit Categories 4 <br />2.0 Storm Protection Benefits 6 <br />2.1 Data Compilation and Benefits Methodology 6 <br />2.2 Calculation of storm Protection Benefits 7 <br />2.3 Total Storm Protection Benefits 21 <br />3.0 Recreational Benefits 29 <br />3.1 Recreational Benefits Methodology 29 <br />=> Theoretical Background of Recreational Benefits 29 <br />3.2 Data Compilation and Analysis 31 <br />-> Avcrage Value of a Bay on tho Beach 31 <br />3.3 Evaluation of Beach User Survey Respondents 32 <br />3.4 Total Recreational Benefits 34 <br />Recreational Value Over the Life of the Project 35 <br />4.0 Project Costs 37 <br />4.1 Project Description 37 <br />4,2 Project Costs aft <br />5.0 Alternative Revenue Sources 48 <br />5.1 Introduction 48 <br />5.2 Tourist Development Taxes 49 <br />5.3 The Local Government Infrastructure Surtax 50 <br />5.4 State of Florida Beach Erosion Control Program Funds 51 <br />_:, quantifying Project Costs 53 <br />