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10010111
<br /> Table III =9
<br /> Historical Capital Expenditures - Funding Sources � ' 1
<br /> Expansion/ Fiscal Year .:Fiscal Year: Fiscal Year Fiscal Year Fiscal Year `:Fiscal Year Total - Six
<br /> Project Description Replacement 1998/99 1999/00 2000/Oi; 2001/02 2002/03 .- 2003/04 " Year History '
<br /> Bud et
<br /> General Fund
<br /> Jail Air ConditioningReplacement $9,600 $ 16,545 $26, 145
<br /> Jail PlumbingControls Replacement 2$28,000
<br /> 13 020 $ 13,020
<br /> Jail Underground Tank Re lacement Re lacement $28,000
<br /> Misc. Jail E ui . Re lacement $ 10,845 $34,689 545,534
<br /> Total General Fund so50,620 527,390 $34,689 11 $112,699
<br /> O lionul Sales Tux
<br /> IRC Jail Retrofit Phase I Replacement
<br /> 5252,225 536,785 $289,010
<br /> IRC Jail Re-roof Phase I Replacement $9,445 $ 185,401 $ 194,846
<br /> IRC Jail Expansion - land Purchase Expansion $3, 500 $914,966 590,259 $ 1 ,008,725
<br /> IRC Jail Expansion • Study Expansion $74,775 $74,775
<br /> IRC Jail Intercom Replacement $ 134, 145 $
<br /> $58,966
<br /> , 145
<br /> IRC Jail Showers Replacement 558,966 5
<br /> $8
<br /> Jail Phase II & III Roofing Replacement
<br /> $8,500 58,500
<br /> Jail Air Conditioning Replacement $24,000 5241000
<br /> Jail HVAC Improvements Replacement 524000 524,000
<br /> Jail Fire Sprinklers Replacement $60,000 $60,000
<br /> Jail Boiler Replacement $22,000 522,000
<br /> Jail Flooring Replacement $ 16,000 $ 16,000
<br /> Jail Water Conditioner Replacement $21 ,500 $21 ,500
<br /> Jail Kitchen Boiler Replacement $22,458 522,458
<br /> Total Opt onal Sales Tax so so $252,225 5491730 51,368,253 5288,717 I 51,958,924
<br /> Total Correctional Facilities SO 550,620 'S2799615 5849419 $ 1,368,253 5288,717 52,071 ,623
<br /> Total Expansion s0 I SO so 53,500 5989,741 $90,259 51 ,083,500
<br /> ( 1 ) Source : Office of Management and Budget, IRC
<br /> Credit Calculation
<br /> In calculating the credit component, capital expenditures for the past six years and
<br /> programmed projects over the next five years were evaluated . As presented in Table III -
<br /> 10 , capital expansion expenditures funded with non - impact fee revenues average $ 1 . 4
<br /> million per year or $ 12 of credit per functional resident . Over the past five years as well
<br /> as the next five years , the County did not use or budget any revenues from the general
<br /> fund toward jail facility capital expansion . Therefore , credit is given only for the local
<br /> option sales tax . In addition, it is the County ' s intent to use impact fee revenues as the
<br /> primary funding source for future capital expansion needs of the correctional facilities
<br /> program and to maintain or reduce the average annual dollar amount shown in this report
<br /> toward capital expansion needs . In other words , the County intends to use non- impact
<br /> fee revenue sources as the primary funding source for capital replacement, operations and
<br /> maintenance expenses . As such , credit calculations for the optional sales tax do not
<br /> include an escalation factor .
<br /> Tindale -Oliver & Associates , Inc . Indian River County
<br /> May 2005 I1I - 10 Impact Fee Study
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