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

Table X-11
Historical Capital Expenditures – Funding Sources (1)
Project Description
Expansion/ Replacement FY 1998/99 FY 1999/00 FY 2000/01 FY 2001/02 FY 2002/03 FY 2003/04 Six Year Total
General Fund (Parks Divison)
Storage Buildings - Equipment Expansion $4,970 $9,672 $14,642
Round Island Footbridge Replacement $32,000 $32,000
Maint. Equipment (tractors, vehicles, etc.) Replacement $45,986 $106,607 $86,606 $54,359 $68,484 $50,539 $412,581
Maint. Equipment (tractors, vehicles, etc.) Expansion $2,800 $2,800
Total - General Fund $45,986 $106,607 $91,576 $54,359 $78,156 $85,339 $462,023
M.S.T.U. Fund (Recreation)
Gifford Aquatic Center - Lighting Expansion $3,950 $3,950
North County Aquatic Center - Equip. Expansion $7,945 $7,945
Other Equipment (vehicles, etc.) Expansion $36,547 $36,547
Other Equipment (vehicles, etc.) Replacement $10,914 $21,879 $24,052 $12,579 $69,424
Storage Building Expansion $4,999 $4,999
Defibrillators Expansion $19,396 $5,090 $24,486
Phone System NCAC Expansion $4,985 $4,985
Mobile Bleachers Expansion $83,060 $83,060
Basketball Goals Expansion $4,000 $4,000
Sports Floor and Covering Expansion $46,600 $46,600
Computer Equipment Expansion $892 $892
Total - M.S.T.U. Fund $10,914 $0 $21,879 $48,447 $66,111 $139,537 $286,888
Shooting Range Construction
Shooting Range Improvements Expansion $91,655 $91,655
Optional Sales Tax
Fairgrounds Electronic Sign Expansion $5,500 $5,500
Agricultural Pavilion #2 Expansion $34,030 $329,878 $167,324 $531,232
North County Aquatic Center/ Park Expansion $210,882 $53,884 $5,073,929 $385,406 $5,724,101
Gifford Aquatic Center Expansion $621,006 $1,750 $622,756
Soccer Field Water & Sewer - Fairgrounds Expansion $13,838 $134,946 ($100) $13,368 $162,052
South County Park - Phase II Expansion $928 $614,248 $288,156 $903,332
South County Park Phase III Expansion $1,700,000 $1,700,000
Donald McDonald Park Expansion $78,673 $213,726 $292,399
Round Island Oceanside Park Expansion $1,127 $862,806 $863,933
Agricultural Expo Building Expansion $34,343 $982,127 $1,016,470
Riverview Park - Sebastian Expansion $200,000 $200,000
Wabasso Causeway Park Replacement $311,638 $586,774 $113,280 $1,011,692
Dale Wimbrow Park Expansion $55,451 $200,465 $255,916
Treasure Shores Playground Equipment Replacement $58,000 $58,000
Mobile Stage Expansion $85,000 $85,000
Portable Restrooms Expansion $26,000 $26,000
Fairgrounds electronic sign Expansion $14,445 $14,445
Lighting at 16th St. Sports Complex Replacement $1,572 $1,572
Painting at County Sports Complex Replacement $4,200 $4,200
West Wabasso Park Improvements Replacement $65,485 $65,485
North County Park Phase II Expansion $2,145,625 $2,145,625
Gifford Park Security Building Expansion $80,000 $80,000
Misc. Parks Improvements Expansion $89,203 $89,203
Total - Optional Sales Tax $482,160 $3,871,028 $1,090,164 $5,244,655 $720,684 $4,450,222 $15,858,913
FDRAP Grant
South County Park Phase II Expansion $100,000 $100,000
Round Island Ocean Park Expansion $100,000 $100,000
North County Park Phase II Expansion $150,000 $150,000
Total - FDRAP Grant $0 $200,000 $0 $0 $150,000 $0 $350,000
Park Improvement Fund
North County Aquatic Center Expansion $120,611 $120,611
Florida Boating Improvement Program
Sebastian Canoe Launch Expansion $2,283 $82,644 $74,398 $159,325
Royal Palm Pointe - City of Vero Beach Expansion $20,000 $20,000
Indian River Drive Boat Dock - Sebastian Replacement $20,000 $20,000
Schumann Lake Boat Ramp - Sebastian Replacement $7,800 $7,800
Oslo Boat Ramp Replacement $750 $50,000 $50,750
Kitching Railhead Station Expansion $146,545 $146,545
Pelican Island Upland Restoration Replacement $1,000,000 $1,000,000
Misc. Boating Facilities Expansion $15,000 $15,000
Total - Florida Boating Improvement Program $0 $22,283 $102,644 $82,198 $750 $1,211,545 $1,419,420
Total Capital Expenditures $539,060 $4,199,918 $1,306,263 $5,429,659 $1,136,312 $5,978,298 $18,589,510
Total Capital Expansion Expenditures $170,522 $3,486,537 $1,084,498 $5,343,448 $1,054,499 $4,716,502 $15,856,006
Percent of GF/MSTU Expenditures to Total Capital Exp. Expenditures 0.00% 0.00% 0.38% 0.45% 5.56% 2.38% 1.48%
(1) Source: Office of Management and Budget, IRC
Credit Calculation
The credit per resident was calculated using the average capital expansion expenditures
during the last six years and the future planned projects budgeted during the next fiveyears.
The average annual capital expenditure amount was divided by the average
residents during this eleven-year time period, resulting in an average capital expansion
cost per resident of $23. This information is presented in Table X-12.
Tindale-Oliver & Associates, Inc.
Indian River County
May 2005 X-18 Impact Fee Study