Indian River County Impact Fee Study Final Report - irccdd.com
Indian River County Impact Fee Study Final Report - irccdd.com
Indian River County Impact Fee Study Final Report - irccdd.com
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Table III-15<br />
Annual <strong>Impact</strong> <strong>Fee</strong> Revenue Estimates<br />
Year<br />
<strong>County</strong>wide<br />
Population (1)<br />
New<br />
Population (2)<br />
Estimated<br />
Revenues (3)<br />
2004 138,393<br />
2005 140,562 2,169 $208,202<br />
2006 143,318 2,756 $264,548<br />
2007 146,129 2,811 $269,828<br />
2008 148,996 2,867 $275,203<br />
2009 151,918 2,922 $280,483<br />
2010 154,896 2,978 $285,858<br />
2011 158,245 3,349 $321,471<br />
2012 161,671 3,426 $328,862<br />
2013 165,171 3,500 $335,965<br />
2014 168,749 3,578 $343,452<br />
2015 172,407 3,658 $351,131<br />
2016 175,781 3,374 $323,870<br />
2017 179,223 3,442 $330,398<br />
2018 182,730 3,507 $336,637<br />
2019 186,308 3,578 $343,452<br />
2020 189,924 3,616 $347,100<br />
2021 193,215 3,291 $315,903<br />
2022 196,566 3,351 $321,662<br />
2023 199,976 3,410 $327,326<br />
2024 203,448 3,472 $333,277<br />
2025 207,014 3,566 $342,300<br />
$6,586,928<br />
<strong>Fee</strong> per functional resident (4) $109.17<br />
<strong>Fee</strong> per resident (5) $95.99<br />
(1) Source: Section II, Table II-1 (some of the years are not shown in<br />
Table II-1. Calculations are based on growth rate provided in the IRC<br />
Comprehensive Plan and seasonal population projections.)<br />
(2) Additional population per year.<br />
(3) New population (Item 2) multiplied by fee per resident (Item 5).<br />
(4) Source: Table III-12<br />
(5) To convert the fee per functional resident to fee per resident, fee per<br />
functional resident (Item 4) multiplied by functional population from<br />
Table III-4 and divided by population from Table III-4.<br />
As mentioned previously, the impact fee revenue projections are based on population<br />
growth estimates. For impact fee purposes, revenue projections serve only as an overall<br />
Tindale-Oliver & Associates, Inc.<br />
<strong>Indian</strong> <strong>River</strong> <strong>County</strong><br />
May 2005 III-16 <strong>Impact</strong> <strong>Fee</strong> <strong>Study</strong>