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Indian River County 1 Impact Fee Update Study <br />reflects an average annual residential solid waste generation rate of 0.7 tons per capita per <br />year. <br />Table III -2 <br />Net Impact Cost per Resident <br />(1) Source Table III -1 <br />(2) Source Table III -1 <br />(3) Sum of the total building value (Item 1) and*the tota_bland value (Item 2) <br />(4) Source: Appendix A TableA-1, Countywide <br />(5) Total asset value (Item‘divided by population (Item 4) <br />(6) Each component divided bytot asset value 3' <br />Credit Component <br />To avoid overchargingnew development for,the solid waste facility impact fee, a review of <br />the capital financing program fpr customer care facilities was completed. The purpose of <br />this rev ew waas o determine any potentiaLrevenuecredits generated by new development <br />that aretbeing used forgexpansion:of capitaracilities and land included in the inventory. <br />As presented: in Table III -3 the County�'uses an average annual amount of $252,000 of the <br />SWDD's revenues toward the construction/expansion of customer convenience center <br />expansion. This amount resultin an annual expenditure of almost $2 per resident, which is <br />used the calculated the imp ct3fee credit. <br />Tindale -Oliver & Associates, Inc. <br />Indian River County <br />January 2014 26 Impact Fee Update Study <br />Capital <br />Asset Component <br />1 <br />-- J.' <br />Figure <br />Percent of <br />Total <br />(6) <br />Value <br />-- _— <br />Total Building <br />Value(1) <br />$1300,000 <br />93% <br />Total Land Value(2) 4 <br />' $962,000 <br />7% <br />Total Asset Valuel3l$ <br />13,962,000 <br />o <br />100/ <br />2013 Populationi4i001 <br />M1 <br />Total Solid Waste Asset Value <br />per Res.ja ntlsl <br />$94:34 <br />(1) Source Table III -1 <br />(2) Source Table III -1 <br />(3) Sum of the total building value (Item 1) and*the tota_bland value (Item 2) <br />(4) Source: Appendix A TableA-1, Countywide <br />(5) Total asset value (Item‘divided by population (Item 4) <br />(6) Each component divided bytot asset value 3' <br />Credit Component <br />To avoid overchargingnew development for,the solid waste facility impact fee, a review of <br />the capital financing program fpr customer care facilities was completed. The purpose of <br />this rev ew waas o determine any potentiaLrevenuecredits generated by new development <br />that aretbeing used forgexpansion:of capitaracilities and land included in the inventory. <br />As presented: in Table III -3 the County�'uses an average annual amount of $252,000 of the <br />SWDD's revenues toward the construction/expansion of customer convenience center <br />expansion. This amount resultin an annual expenditure of almost $2 per resident, which is <br />used the calculated the imp ct3fee credit. <br />Tindale -Oliver & Associates, Inc. <br />Indian River County <br />January 2014 26 Impact Fee Update Study <br />