Laserfiche WebLink
Existing Deficiencies <br /> As discussed previously , the budgeted improvements over the next five years will bring <br /> the LOS to 4 . 50 beds per 1 , 000 residents , which will be adopted as the standard . <br /> Therefore , there is no existing deficiency . <br /> Net Correctional Facilities Impact Cost <br /> The net impact fee per functional resident is the difference between the total impact cost <br /> per functional resident and the total credit per functional resident . Table III - 12 presents <br /> the calculation of the net correctional facilities impact cost per functional resident . <br /> Table III = 12 <br /> Net Impact Cost <br /> Impact Cost / Credit Element Figure <br /> Impact Cost <br /> Facility Cost per Functional Resident( l ) $277 . 87 <br /> Impact Credit <br /> Total Revenue Credit(2 ) ( $ 168 . 70) <br /> Net Impact Cost <br /> Net Impact Cost per Functional Resident $ 109 . 17 <br /> ( 1 ) Source : Table III - 8 <br /> (2 ) Source : Table III- I 1 <br /> The first section of Table III - 12 shows the total impact cost per functional resident as <br /> $278 . The second section shows a revenue credit for the correctional facilities impact fee <br /> of $ 169 per functional resident . <br /> The net impact cost per functional resident (third section of the table) is the difference <br /> between the total impact cost per functional resident and the total revenue credit . This <br /> results in a net impact cost per functional resident of $ 109 . <br /> Tindale -Oliver & Associates , Inc . Indian River County <br /> May 2005 III - 12 Impact Fee Study <br />