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Table IX - 10 <br /> 2025 Demand and Cost Forecast <br /> Elementary Middle High <br /> Calculation Component School School School <br /> Projected Students By Year 2025( 1 ) 105652 6 , 250 77977 <br /> Square Feet per Student Station (LO S)(2) 144 . 71 117 . 26 147 . 57 <br /> Necessary 2025 Square Footage(' ) 11541 ,468 7325848 1 , 177 , 166 <br /> Current Square Footage (2008/09 School Year)M 151245095 542,435 993 , 117 <br /> Square Feet Still Needed in 2025 (5) 4179373 1901413 184 , 049 <br /> Facility Cost per Square Foot(6) $ 115 . 02 $ 162 . 67 $ 169 . 12 <br /> Total Cost By School Type - Year 2025(' 1 $485006, 272 $30 , 974 , 462 $31 , 126, 348 <br /> Total Cost For All Schools - Year 2025 $ 11091079082 <br /> ( 1 ) School District, IRC <br /> (2 ) Source : Table IX- 1 <br /> ( 3 ) Projected students by year 2025 (Item 1 ) multiplied by square feet per <br /> student station (Item 2 ) . <br /> (4 ) Source : Appendix D , Table D- 2 <br /> ( 5 ) Necessary 2025 square footage ( Item 3 ) less the total square footage available in 2008/09 . <br /> (6) Source : Table IX-2 <br /> (7 ) Square footage still needed in 2025 (Item 5 ) multiplied by the cost per square foot for each <br /> school type ( Item 6 ) . <br /> As presented in Table IX- 10 , the School District will need additional school facility <br /> square footage requiring an investment of $ 110 . 1 million by 2025 . <br /> Estimated Revenues <br /> Based on the growth population projections provided by the IRC Comprehensive Plan <br /> and impact cost per resident calculated in Table IX - 11 , it is estimated that the school <br /> impact fee revenues through 2025 will generate $43 . 9 million . <br /> (This space intentionally left blank) <br /> Tindale -Oliver & Associates , Inc . Indian River County <br /> May 2005 IX - 16 Impact Fee Study <br />