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As mentioned previously, future capital expansion expenditures will accommodate
<br /> demand created by both the existing population and new growth . Table IV-6 first
<br /> converts future capital expenditures to current dollars, and then distributes this cost
<br /> between the existing and new population . In the first column, costs for FY 05/06 through
<br /> FY 09/ 10 are in 2004 dollars and costs for FY 10/ 11 through FY 19/20 are in 2000
<br /> dollars . In the second column, all costs are inflated appropriately to reflect current year
<br /> dollars . Based on these calculations , the total planned capital expenditures of $31 . 9
<br /> million will require an investment of $ 39 . 9 million in current year dollars .
<br /> Table IV =6
<br /> Distribution of Capital Expansion Expenditures
<br /> FY 05/06 $768 ,000 $786 ,432 $629 , 146 $ 1575286
<br /> FY 06/07 $768 ,000 $ 805 ,306 $ 644 ,245 $ 161 ,061
<br /> FY 07/08 $ 1 , 168 ,000 $ 1 ,2549130 $ 19003 , 304 $2509826
<br /> FY 08/09 $ 7 ,8689000 $ 8 ,650 ,957 $ 699205766 $ 1 , 7301191
<br /> FY 09/ 10 $ 7 ,750 ,000 $ 8 ,725 ,724 $ 6 ,9801579 $ 1 , 745 , 145
<br /> FY 10/ 11 $21200 ,000 $257677050 $2 ,213 ,640 $ 5535410
<br /> FY 11 / 12 $ 0 $0 $0 $ 0
<br /> FY 12/ 13 $0 $ 0 $0 $ 0
<br /> FY 13 / 14 $ 80,000 $ 1083040 $ 86,432 $219608
<br /> FY 14/ 15 $292163000 $ 390649530 $2 ,4519624 $612 ,906
<br /> FY 15/ 16 $0 $0 $0 $0
<br /> FY 16/ 17 $330,000 $478 ,529 $3823823 $959706
<br /> FY 17/ 18 $21348 ,000 $354869519 $29789,215 $697 ,304
<br /> FY 18/ 19 $ 3 ,4341000 $5 ,221 ,488 $4 , 177 , 190 $ 1 ,044 ,298
<br /> FY 19/20 $21950 ,000 $4, 5937206 $ 3 ,674 , 565 $918 ,641
<br /> Total $ 31 , 880 ,000 $ 39 ,941 ,911 $ 31 ,9535529 $ 7 ,9889382
<br /> Existing Population's Share of Cost(5) 80%
<br /> New Population's Share of Cost(6) 20%
<br /> Annual Inflation Rate(7) 2 . 4%
<br /> ( 1 ) Source : Table IV-4 and Table IV- 5
<br /> (2) Figures under Item 1 are brought to current dollars using an annual inflation
<br /> rate of 2 .4 percent. Expenditure figures for FY 05 /06 through FY 09/ 10 were in
<br /> 2004 dollars, and figures for the remaining years were in 2000 dollars and
<br /> were inflated accordingly .
<br /> (3 ) Planned capital expansion expenditures in current dollars (Item 2) multiplied
<br /> by the existing population ' s share of cost (Item 5 ) .
<br /> (4) Planned capital expansion expenditures in current dollars (Item 2 ) multiplied
<br /> by the new population ' s share of cost (Item 6) .
<br /> (5 ) Source : Table IV-3
<br /> (6) Source : Table IV-3
<br /> (7) Inflation rate of 2 . 4 percent is based on historical Consumer Price Index figures .
<br /> Tindale-Oliver & Associates, Inc . Indian River County
<br /> February 2005 IV- 12 Impact Fee Study
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