Indian River County Impact Fee Study Final Report - irccdd.com

Table VIII-12
Net Impact Cost
Impact Cost / Credit Element
Impact Cost
Impact
Cost
Revenue
Credits
Facility Cost per Functional Resident (1) $191.40
Impact Credit
Total Revenue Credit (2) ($37.43)
Net Impact Cost
Net Impact Cost per Functional Resident (3) $153.97
(1) Source: Table VIII-7
(2) Source: Table VIII-11
(3) Facility cost per functional resident (Item 1) less total revenue credit
(Item 2).
The first section of Table VIII-12 shows the total impact cost per functional resident as
$191. The second section shows a revenue credit for the law enforcement impact fee of
$37 per functional resident.
The net impact cost per functional resident (third section of the table) is the difference
between the total impact cost per functional resident and the total revenue credit. This
results in a net impact cost per functional resident of $154.
Proposed Law Enforcement Impact Fee Schedule
A law enforcement impact fee schedule was developed for residential and nonresidential
land uses and is illustrated in Table VIII-13.
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Tindale-Oliver & Associates, Inc.
Indian River County
May 2005 VIII-14 Impact Fee Study