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

Table X-16
Residents per Housing Unit by Housing Type (1)
Land Use
Residents per Unit
Single Family Detached
Less than 1,500 sf 2.175
1,500 to 2,499 sf 2.444
2,500 sf or greater 2.651
Accessory Single Family 1.477
Multi Family 1.477
Mobile Home 1.574
Weighted Average 2.050
(1) Source: Section II, Table II-8
Proposed Parks and Recreation Impact Fee Schedule
The information presented in Table X-15 concerning the net impact cost per resident is
used to calculate the corresponding impact fee for the different land uses previously
discussed in Table X-16. The resulting fee schedule is provided in Table X-17. The total
fee is equal to the number of residents per unit multiplied by the net cost per person for
each land use.
Table X-17
Proposed Parks & Recreation Facilities Impact Fee Schedule
Residents
per Unit (1)
Net Cost per
Administrative
Resident (2) Net Impact Fee (3) Fee (4)
Total Impact
Fee (5)
Land Use
Single Family Detached
Less than 1,500 sf 2.175 $598.56 $1,301.87 $39.06 $1,340.93
1,500 to 2,499 sf 2.444 $598.56 $1,462.88 $43.89 $1,506.77
2,500 sf or greater 2.651 $598.56 $1,586.78 $47.60 $1,634.38
Accessory Single Family 1.477 $598.56 $884.07 $26.52 $910.59
Multi Family/Accessory Single Family 1.477 $598.56 $884.07 $26.52 $910.59
Mobile Home 1.574 $598.56 $942.13 $28.26 $970.39
(1) Source: Table X-16
(2) Source: Table X-15
(3) Residents per unit (Item 1) for each land use category multiplied by net cost per resident
(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 X-18 presents the parks and recreation facilities demand forecast and
associated cost estimates.
Tindale-Oliver & Associates, Inc.
Indian River County
May 2005 X-23 Impact Fee Study