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Table VII -9 Impact Cost per Functional Resident Component ' Cost Number of StationsM 13 Building Replacement Cost per Station(2 ) $ 1 , 5221060 Equipment Cost per Station(3 ) $ 1 , 0281947 Total Cost per Station $29551 ,007 LOST (Stations/ 1 ,000 Functional Residents) 0 . 100 Total Impact Cost per Functional Resident $255 . 10 ( 1 ) Source : Table VII -4 (2 ) Source : Table VII-6 (3 ) Source : Table VII-7 Credit Component To avoid overcharging development for the Fire/EMS impact fee , a review of the capital financing program for Fire/EMS services was completed . The purpose of this review was to determine any potential revenue credits generated by new development that could be used for capital facilities , land , and equipment expansion of the Fire/EMS program . Revenue credits are then applied against the cost per functional resident so that new development is not charged twice for capital expansion projects . Revenue Sources for Capital Expenditures An analysis of the historical and future Fire/EMS capital expenditures for the eleven -year period from FY 1998/99 to FY 2008/09 was completed and reviewed with the IRC Fire/EMS Department . The IRC Fire/EMS Department has three different sources for capital expenditures : • general fund ; • emergency services district ; and • local option sales tax Table VII - 10 summarizes the capital expenditures over the last six fiscal years . This table also specifies whether the capital expenditure was a replacement or expansion of the existing Fire/EMS capital inventory . As presented in Table VII - 10 , 29 percent of the Fire/EMS capital expenditures were for capital expansion projects and 5 percent of the capital expansion projects were funded through general fund revenues . Tindale -Oliver & Associates , Inc . Indian River County May 2005 VII - 11 Impact Fee Study