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

Proposed School Impact Fee Schedule
To determine the proposed school impact fee for each residential land use, the net impact
cost per student, from Table IX-7, is multiplied by the student generation rate for each
residential use, from Table IX-8. The resulting net impact fees per residential use type
are presented in the proposed impact fee schedule in Table IX-9 below.
Table IX-9
Proposed School Impact Fee Schedule
Residential Land Use
Impact
Unit
Net Impact Cost
per Student (1)
Students
per Unit (2)
Net Cost
per Unit (3)
Administrative
Fee (4)
Total Impact
Fee (5)
Single Family du $5,321.08 0.330 $1,755.96 $52.68 $1,808.64
Accessory Single Family du $5,321.08 0.094 $500.18 $15.01 $515.19
Multi-Family du $5,321.08 0.094 $500.18 $15.01 $515.19
Mobile Home du $5,321.08 0.117 $622.57 $18.68
(1) Source: Table IX-7
$641.24
(2) Source: Table IX-8
(3) Net impact cost per unit is the product of the net impact cost per student (Item 1) and the
number of students per unit (Item 2).
(4) An administrative fee of 3 percent of the net impact fee.
(5) Total impact fee is the sum of the net impact fee (Item 3) and administrative fee (Item 4).
Future Demand Analysis
Future demand projections are based on population projections included in Section II,
Table II-1. Table IX-10 presents the public school facilities demand forecast and
associated cost estimates.
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Tindale-Oliver & Associates, Inc.
Indian River County
May 2005 IX-15 Impact Fee Study