Laserfiche WebLink
• <br />• <br />Indian River County 1 Impact Fee Update Study <br />Net Solid Waste Impact Cost <br />The net impact fee per resident is the difference between the cost component and the <br />credit component. Table III -4 summarizes the calculation of the net solid waste impact cost <br />per resident. <br />Table III -4 <br />Net Impact Cost per Functional Resident <br />1) Source: Table III -2 <br />(2) Source: Table III -3 <br />(3) Source: The present,valu�e of the capital improve mentcredrt per functional resident (Item 2) at a discount <br />rate of 2.5% with a capitalization period of 25 years. <br />(4) Total impactcost per resident (Item4 5Itessahe capital expansion credit per resident (Item 3) <br />> <br />ak <br />10. <br />A <br />Calculated Solid WasteImpact4Fee Schedule <br />:.., <br />The calculated solid waste impact feer,.each residential land use is presented in Table III - <br />5. The net impact cost per resident calculated in the previous section is applied to the <br />average persons perv.unit byfla d use. The resulting total impact fees per dwelling unit <br />range from $79 for the .multi -family residential land use to $160 for single family land use <br />with 2,500 square feet orimore space. <br />Tindale -Oliver & Associates, Inc. <br />January 2014 <br />Indian River County <br />28 Impact Fee Update Study <br />Calculation Step <br />Impact Cost <br />Revenue <br />Credits <br />Impact Cost <br />Total Impact <br />Cost <br />per Functional Resident(1) <br />• <br />•• <br />$94.34 <br />Revenue Credit <br />teer<14 <br />Avg <br />Annual Capital <br />Expansion <br />Credit <br />per Functional Resident(2) <br />- <br />$1.70 <br />Capitalization Rate <br />K :. <:ilk <br />2.5% <br />Capitalization <br />Period (in <br />sP <br />25 <br />years) • <br />Capital <br />Expansion <br />Credit <br />per FunctionaI4 esident(3) <br />$31.32 <br />Net Impact Cost w # v ; <br />Net Impact <br />Cost <br />per Functional Resider ( . A•• <br />$63.021 <br />1) Source: Table III -2 <br />(2) Source: Table III -3 <br />(3) Source: The present,valu�e of the capital improve mentcredrt per functional resident (Item 2) at a discount <br />rate of 2.5% with a capitalization period of 25 years. <br />(4) Total impactcost per resident (Item4 5Itessahe capital expansion credit per resident (Item 3) <br />> <br />ak <br />10. <br />A <br />Calculated Solid WasteImpact4Fee Schedule <br />:.., <br />The calculated solid waste impact feer,.each residential land use is presented in Table III - <br />5. The net impact cost per resident calculated in the previous section is applied to the <br />average persons perv.unit byfla d use. The resulting total impact fees per dwelling unit <br />range from $79 for the .multi -family residential land use to $160 for single family land use <br />with 2,500 square feet orimore space. <br />Tindale -Oliver & Associates, Inc. <br />January 2014 <br />Indian River County <br />28 Impact Fee Update Study <br />