Laserfiche WebLink
Table X - 13 <br /> Vacant Land Value Percentage( l ) <br /> Land Taxable Value <br /> Unincorporated County Vacant Land Value $ 73256175920 <br /> Unincorporated County Total Property Value(2 ) $ 655965351 , 608 <br /> Vacant Land Value as a Percentage of Total Property Value (3 ) 11 . 1 l % <br /> Percent of General Fund/MSTU Capital Expansion Projects(4 ) 1 . 48% <br /> Effective Vacant Land Value Percentage(5) 0 . 16 % <br /> ( 1 ) Source : Property Appraiser, IRC <br /> ( 2 ) Includes structures . <br /> ( 3 ) Vacant Land Percent = $ 732 , 617 , 920/$6 , 596 , 351 , 608 <br /> (4) Source : Table X - 11 <br /> ( 5 ) Vacant land value as a percentage of total property value ( Item 3 ) multiplied by the percent of <br /> general fund and MSTU- funded capital expansion projects ( Item 4 ) . <br /> The total credit of $ 320 per resident is presented in Table X- 14 , and is equal to the <br /> addition of the present value of the revenue credit per resident and the vacant land credit. <br /> (This space intentionally left blank) <br /> Tindale -Oliver & Associates , Inc . Indian River County <br /> May 2005 X -20 Impact Fee Study <br />