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As presented in Table VI -21 , the projected library capital expansion costs through 2025 <br /> will be $ 16 . 5 million if the existing LOS is adopted . Hence , it appears that the impact fee <br /> revenues will need to be supplemented with other funding sources to accommodate this <br /> cost . <br /> For impact fee purposes , revenue projections serve only as an overall guideline in <br /> planning future infrastructure needs . In their simplest form , impact fees charge each unit <br /> of new growth for the net cost (total cost less credits ) of infrastructure needed to serve <br /> that unit of growth . If the growth rates remain high , the County will have more impact <br /> fee revenues to fund growth related projects sooner rather than later . If growth rate slows <br /> down , less revenue will be generated , and the timing and need for future infrastructure <br /> improvements will be later rather than sooner . <br /> (This space intentionally left blank) <br /> Tindale -Oliver & Associates , Inc . Indian River County <br /> May 2005 VI -24 Impact Fee Study <br />