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<br /> Table V- 8 summarizes the capital expenditures over the last six fiscal years . Besides
<br /> identifying whether the expenditure was a replacement or expansion of the existing
<br /> capital inventory , the table provides the percent of total capital expenditures that were
<br /> funded through general fund revenue .
<br /> Table V=8
<br /> Programmed Expenditures per Functional Resident
<br /> p��4�, ?penStaW, _ uc_i`El_ Baca{ �eaaR 1Cesuiae
<br /> Iacemen '- 79' >$�'J9 .a 10 S �ZutAu2 08Y'!d2 ' "`30[F2i 1�Z003104 a 1earllisf "
<br /> Enter rise Fund A
<br /> New County Administration Buildin Expansion 1 $1 ,098,6791 1 ,098,679
<br /> Total Expansion - Enterprise Fund s0 I s0 I s0 I s0 I s0 1 1 $ 1, 098, 679
<br /> General Fund
<br /> Health Department Roof Replacement $74,867 $9,830 $84,696
<br /> Courthouse Washing and Painting Replacement $25,000 $25,000
<br /> Tax Collector Air Conditioning Replacement $ 14,613 $ 14,613
<br /> Courthouse Record Storage Shelving Replacement $49,500 $49,500
<br /> Health Department Air Conditionin Replacement $30,000 $61 ,269 $91 ,269
<br /> Health Department Generator Expansion $ 18,400 $ 18,400
<br /> Total Expansion - General Fund s0 I SO 1 $18, 400 $0 1 s0 I 518, 400
<br /> Optional Sales Tax
<br /> Fiber Optic Expansion $ 1491721 $ 109386 $251 ,562 $ 151719 $ 180,911 $8075488 $ 1 ,415 ,786
<br /> Winter Beach Cemetery Expansion $ 1 ,200 $ 103,057 $ 104,257
<br /> Fleet Management Facility Replacement $17,608 $421 ,644 $3309485 $36,567 $3,274,855 $4,081 , 159
<br /> Financial Software Replacement $7,000 $530,099 $ 154,458 $691 ,557
<br /> Health Department Dental Clinic Expansion $20,350 $358,569 $378,919
<br /> Humane Society Building Replacement $380,073 $380,073
<br /> New County Administration Bu Id Re lacement $28,370 $7,422 $ 179,358 $215, 150
<br /> New CountyAdministration Buildin Ex ansion $7,0507000 $7,0501000
<br /> Misc. Land Purchases Expansion $57,416 $57,416
<br /> Misc. Building Alterations Replacement $328,988 $60,861 $233 $58,426 $32,201
<br /> Total Ex nsion - O tional Sales Tax $208, 337 $113, 443 $271, 912 $374, 288 5180, 911 i $, 480,708
<br /> 006, 379
<br /> Total - Governmental Buildin s $208,337 $113443 $290,312 $374,288 $180,911 0,123,458
<br /> Percent of Total Expansion Revenues from General Fund 0. 18%
<br /> ( 1 ) Source : Office of Management and Budget, IRC
<br /> (2) The percent of total general fund revenues used for expansion over the total capital
<br /> expenditures for expansion for FYs 1999-2003 .
<br /> The capital expenditure credit per functional resident was calculated using the average
<br /> capital expansion expenditures during the last six years and planned projects budgeted
<br /> during the next five years . The average annual capital expenditure amount was divided
<br /> by the average functional residents during this eleven year period, resulting in an average
<br /> capital expansion cost per functional resident of $ 14 . 85 . This information is presented in
<br /> Table V-9 .
<br /> It is the County ' s intent to use impact fee revenues as the primary funding source for
<br /> future capital expansion needs of the public building program and to maintain or reduce
<br /> the average annual dollar amount shown in this report toward capital expansion needs . In
<br /> other words , the County intends to use non- impact fee revenue sources as the primary
<br /> funding source for capital replacement, operations and maintenance expenses . As such,
<br /> credit calculations for future expenditures do not include an escalation factor .
<br /> `+.fir✓
<br /> Tindale - Oliver & Associates , Inc . Indian River County
<br /> February 2005 V- 10 Impact Fee Study
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