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Table XA5 <br /> Net Impact Cost per Resident <br /> Impact Cost / Credit Element Cost Credit <br /> Total Impact Cost per Resident <br /> Total Parks & Recreational Facilites Impact Cost $ 918 .41 <br /> Total Credit per Resident <br /> Total Revenue Credit <br /> ( $ 319 . 85 ) <br /> Net Impact Cost per Resident <br /> �3� <br /> Net Impact Cost per Resident(3 ) $ 598 . 56 <br /> ( 1 ) Source : Table X- 10 <br /> ( 2) Source : Table X- 14 <br /> (3 ) Sum of the total parks and recreational facilities impact cost ( Item 1 ) and the total <br /> revenue credit ( Item 2 ) . <br /> As stated previously , the net impact cost per resident is the total impact cost per resident <br /> of $ 918 , less the total revenue credit of $ 320 . The result is a net impact cost of $ 599 per <br /> resident . <br /> Residents per Housing Unit by Housing Type <br /> Up to this point, the parks and recreation impact fee analysis has been based on the <br /> impact cost per resident . The parks and recreation impact fee , however, is charged on a <br /> per-dwelling unit basis , not per resident . Since the number of residents per housing unit <br /> varies by land use , the weighted average residents per housing unit for three major <br /> residential land uses are used . Table X - 16 illustrates the number of residents per housing <br /> unit for the three different land uses , as well as the overall weighted average residents per <br /> residential land use . The calculation of the number of residents per housing unit is <br /> further explained in Section II . <br /> (This space intentionally left blank) <br /> Tindale -Oliver & Associates , Inc . Indian River County <br /> May 2005 X -22 Impact Fee Study <br />