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',"` guideline in planning future infrastructure needs . In their simplest form, impact fees <br /> charge each unit of new growth for the net cost (total cost less credits) of infrastructure <br /> needed to serve that unit of growth . If the growth rates remain high, the County will have <br /> more impact fee revenues to fund growth related projects sooner rather than later. If the <br /> growth rate slows down, less revenue will be generated, and the timing and need for <br /> future infrastructure improvements will be later rather than sooner. <br /> (This space intentionally left blank) <br /> `rr.r <br /> Tindale -Oliver & Associates, Inc . Indian River County <br /> February 2005 III- 17 Impact Fee Study <br />