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41111111 • • 6.4 SECTOR 5 - VERO BEACH The total storm protection benefits accruing to Sector 5 beachfront property owners totals $7,516,528 and the recreational benefits accruing to beach users totals $32,571,430. Therefore, storm protection benefits account for 18.8 percent of the total benefits and recreational benefits account for 81.2 percent of the total benefits. Applying these percentages to the initial nourishment cost of $4,306,500 results in $808,000 in costs related to storm protection and $3,499,000 related to recreational benefits. After determining the share of the costs between storm protection and recreational benefits, benefits are ascribed to user groups. A summary of the relative degree of benefits ascribed to each beneficiary group is given in Table 21 and illristrated in Figure 9 for :Sector 5. Storm Protection Cost Allocation In Sector 5, there is a total of $808,000 in storm protection benefit related project costs representing 18.8 percent of the total combined benefits. The state cost share for publicly owned, i.e. beach access lands and government land, is approximately $138,600 and the cost share to private property owners is approximately $668,900. For private property, using the Avoided Cost Method of calculating assessments, a property with one (1) percent of the total share of the storm protection benefits would pay a total assessment of $8,080. Recreational Benefit Cost.Allocation In Sector 5, recreational benefit related project costs paid alternatively by the tourist development tax, state, and County residents are grouped according to the beneficiary group category. Overnight tourists were determined to receive 14.9 percent of the total recreational benefits which represents a 12.1 percent share of the 'total benefit (including storm protection and recreational benefits), The project related costs ascribed to the category of overnight tourist is determined by multiplying the relative percent of the total combined benefit (12.1 percent) by the total project cost ($4,307,000) or approximately $519,700.