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INDIAN RIVER COUNTY IMPACT FEE ANALYSIS <br /> 3.4 Net Unit Investment Per mgd of Capacity <br /> The summation of the unit capital cost per mgd of capacity,debt service principal payment <br /> credit,and past interest payments charge is the net unit investment per mgd of capacity in <br /> the wastewater system.Exhibit 3-5 shows the resulting net charge per mgd of capacity for <br /> each year of the study period.During this period,the net unit charge increases each year <br /> —, from approximately$10.0 million in FY 1997 to$12.3 million in FY 2001.Exhibit 3-5 shows <br /> the calculation of the net unit capital investment in the wastewater system. <br /> 3.5 ERU Capacity Requirements <br /> An ERU is defined in the County's wastewater impact fee ordinance as equivalent to <br /> 250 gallons of wastewater flow per day. <br /> 3.6 Impact Fee Per ERU <br /> Multiplying the net unit investment per mgd of capacity by the ERU capacity requirements <br /> in mgd results in the calculation of the net unit investment per ERU.The net unit invest- <br /> ment per ERU was averaged for the 5-year study period to derive the proposed impact fee <br /> �W for the study period.The proposed wastewater impact fee is$2,796. <br /> 3.7 Change from Existing Fees <br /> The current wastewater impact fee is$2,551 per ERU.This fee has been in effect since 1993. <br /> The proposed wastewater impact fee would raise this charge by 9.6 percent.This change is <br /> attributable to the additional investment and capacity in the wastewater system,and <br /> refinancing of the Utility's outstanding debt. <br /> DFW12074.000 3.7 <br />