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Indian River County 1 Impact Fee Update Study IV. Public Buildings Public buildings impact fees are used to fund the land purchases and capital construction and expansion of facilities and capital equipment required to support the additional government service demand created by growth. • There are several major elements associated with the development of the administrative facilities impact fee. These include: Facility Inventory • Service Area and Population • Level -of -Service • Cost Component 44, • Credit Component • Net Public BuildingsIrnpact Cost:; •4% fe "ttir Calculated Public BuildinkImpact Fee Schedule • Affordable Growth Strategy • Public Buildings Impact Fee:Scheduletomparison 2 Facility Inventory The public facilities inventory includesgfacilitieesthat are primarily for the provision of esseitit county services and do not include=d nykof the buildings included in the calculation of otherrimpact fees. int According to`inforrmation provided by Indian River County, the County has approximately 565,000 square feet of generalpublic facility space. This includes the square footage of both primary and support 'buildings. Support facilities are defined as trailers, facilities without air-conditioning, facilities that are unlikelyto be occupied g,�� p' by personnel. Table IV -1 shows a summary of the public buildings inventory and the current value of buildings and land. As presented, the inventory includes a total of 414,000 square feet of primary bulding space and 151,000 square feet of support space. Building value of the facilities included in the inventory was estimated based on insurance values, estimates for future buildings, and cost information obtained from other Tindale -Oliver & Associates, Inc. January 2014 Indian River County 32 Impact Fee Update Study