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1, Q Executive Summary Impact fees are collected from new connections to Indian River County's water and wastewater system.These fees are collected in addition to the cost of installing the service and meter to serve the customer.These fees are intended to recover the costs incurred by A Indian River County(County)to oversize its water and wastewater facilities to provide capacity for future users.These charges help avoid existing users from subsidizing future customers.The fees developed herein are designed to just recover the cost incurred by the water and wastewater systems to serve new customers,and thereby avoid subsidization of new users by existing users,or subsidization of existing users by the new users. Current and Proposed Impact Fees The current and proposed water and wastewater system impact fees are shown in Exhibit ES-1.The proposed impact fees would slightly decrease the current impact fees by a combined total of$25 or 0.6 percent to$4,096.The water impact fee would decrease from "i $1,570 to$1,300,and the wastewater impact fee would increase from$2,551 to$2,796. Exhibit ES-1 , A Indian River County Current and Proposed Water and Wastewater Impact Fees Dollar Percent Impact Fees Current Proposed Change Change Water $1,570 $1,300 ($270) -17.2% Wastewater $2,551 $2,796 $245 9.6% Total $4,121 $4,096 ($25) -0.6% Comparison with Other Communities Exhibit ES-2 presents a comparison of the County's current and proposed water and wastewater impact fees with other Florida communities.The County's current and proposed impact fees are among the highest of the communities surveyed. W Recommendations CH2M HILL recommends that the County implement the proposed water and wastewater impact fees to help provide a fair and equitable distribution of system costs between the utility's existing and future customers. The County should update this analysis in 5 years,or sooner,if significant changes in the Utility's capital investment,debt funding,or capacity occurs that was not anticipated in this analysis. , 3 ow12071.00C ES-1