01/21/2014 - Laserfiche WebLink

Home Browse Search

Indian River County 1 Impact Fee Update Study Table VII -5 Unit Cost per Functional Resident (1) (2) (3) (4) (5) (6) (7) Source: Table VII -1 Source: Table VII -1 Source: Table VII -2 Sum of building value (Item ');land value (Item Source: Table VII -3 Total asset value (Item 4) divided by number of officers (Item 5) Source: Table VII -3 2);tand>.vehicle/equipment value tem 3) . 04 (8) Total asset value per officer (Item 6)#multipliethby,the LOS (Item 7s),divided by 1,000 ay: Credit Component A review of historical expenditures as well as projects programmed in the Five -Year CIP suggested :that there were .no non-impactfee funding used toward capacity projects between 2008 and 2017es ,As sucl a credit fornon-impact fee funding is not needed. Net Law Enforcement Impact Cost Given that there isno credit net law enforcement impact cost is $274 per resident, as shown previously in Table VI1=5. Calculated Law Enforcement Impact Fee Schedule A law enforcement impact fee schedule was developed for residential and non-residential land uses and is illustrated in Table VII -6. Tindale -Oliver & Associates, Inc. January 2014 Indian River County 81 Impact Fee Update Study _ Component 1' I' I, Cost it $13,450,200 Percent of Total Valued ) Building Value(1) 55.98% Land Value(2) $628,000 2.61% Vehicle and Equipment Value(3) $9,950,597 41.41% Total Asset Values°I 4 x$24,028,797 100.00% Number ofOfficersisl �Yr 185 - Total Asset Value er Officer(6) p.� .:ti $129,885 Level -of -Service (Officers/1,000 Functional Residents)(') l'4,,. 2.11 Cost per Functional Resident(8) . $274.06 (1) (2) (3) (4) (5) (6) (7) Source: Table VII -1 Source: Table VII -1 Source: Table VII -2 Sum of building value (Item ');land value (Item Source: Table VII -3 Total asset value (Item 4) divided by number of officers (Item 5) Source: Table VII -3 2);tand>.vehicle/equipment value tem 3) . 04 (8) Total asset value per officer (Item 6)#multipliethby,the LOS (Item 7s),divided by 1,000 ay: Credit Component A review of historical expenditures as well as projects programmed in the Five -Year CIP suggested :that there were .no non-impactfee funding used toward capacity projects between 2008 and 2017es ,As sucl a credit fornon-impact fee funding is not needed. Net Law Enforcement Impact Cost Given that there isno credit net law enforcement impact cost is $274 per resident, as shown previously in Table VI1=5. Calculated Law Enforcement Impact Fee Schedule A law enforcement impact fee schedule was developed for residential and non-residential land uses and is illustrated in Table VII -6. Tindale -Oliver & Associates, Inc. January 2014 Indian River County 81 Impact Fee Update Study