Laserfiche WebLink
Indian River County 1 Impact Fee Update Study <br />• Authority to Impose Impact Fees in Indian River County <br />• IRC is a non -charter county. <br />o A non -charter county derives its authority from the state constitution and <br />statutory sources; <br />o A non -charter county may adopt: ordinances that are not inconsistent with.. <br />general law; and <br />o A non -charter county may adopt countywide ordinances that do not conflict <br />with municipal ordinances. <br />• The fiscal burden of providing countywide services must be borne <br />p g y by property <br />owners in both the unincorporated and incorporate&areas of the county. <br />This technical report has been prepared to support legal compliance with existing case law <br />and statutory requirements. Although the Fl Ca courts have yet to: expressly address the <br />methodology underpinning the Affordable Growth Strategy, this aspectof the report is <br />a t. <br />based on the long-standing legal standards described in This section. The'technical report <br />also documents the methodology omponents for each f the impact fee areas in the <br />following sections, including an evaluation of the inventory, service area, level -of -service <br />(LOS), cost, credit, and demand components �Informationsupporting this analysis was <br />o btained from the Countyandkother sources, as indicated <br />Affordable Growth Strategy <br />One of the'stud'y4goals is to evaluate the possibility of providing impact fee discounts to <br />n on-residential land uses TOA d veloped the affordable growth methodology, which takes <br />into co sideration revenu s receivedfrom the existing development that are used toward <br />:tepi. <br />capacity expansion projectsit calculates the necessary impact fee levels to maintain the <br />e xisting/achieved{LOS given a:ycertain level of non -impact fee funding and estimated growth <br />rate. Three components of thaffordable growth concept include a rate of growth analysis, <br />fee buy -down by geog ap'hic<area, and fee buy -down of most favored" land uses. <br />• Rate of Growth Analysis — The rate of growth concept allows impact fees to be <br />sensitive to the growth rate within the county. This approach reconciles the <br />relationship between consumption -based and needs -based impact fee <br />methodologies and generally reduces fees in built-up communities that are <br />experiencing relatively slow growth rates compared to the size of the existing <br />development base, while maintaining the existing LOS. <br />Tindale -Oliver & Associates, Inc. <br />January 2014 <br />Indian River County <br />5 Impact Fee Update Study <br />