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

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Existing Deficiencies As presented previously, the current LOS for solid waste collection will be the adopted LOS standard. Hence, there are no existing deficiencies that need to be addressed in this area. While there are no existing deficiencies, adopting the current LOS as the standard does, in fact, create the need to expand facilities in the near future to meet the needs of new growth. Net Solid Waste Facilities Impact Cost Table IV-11 presents the net impact cost (gross costs less credit) for new development through 2020. New growth’s share of the capital expansion needs and contribution to the fund balance during this period is approximately $3.5 million. The net impact cost per resident resulting from this capital expansion need as well as new growth’s contribution to the fund balance to retain a fund balance of $30 million by 2020 is $71.75. This fee generates the necessary revenues to pay for the $1.2 million in capital expansion expenditures needed to serve new growth and contribute $2.3 million necessary to retain a fund balance of $30 million. Table IV-11 Net Impact Cost New Growth's Portion of Capital Exp in Current $ (2) New Growth's Contribution to Fund Balance (3) New Growth's Credit (4) Net Impact Cost per Resident (6) Total Impact Fee Revenue (7) New Fiscal Year Population (1) Net Impact Cost (5) Net Revenue (8) FY 05/06 2,756 $180,879 $129,284 $444,460 -$134,297 $71.75 $197,743 $332,040 FY 06/07 2,811 $185,220 $131,864 $453,330 -$136,246 $71.75 $201,689 $337,935 FY 07/08 2,867 $288,450 $134,491 $462,361 -$39,420 $71.75 $205,707 $245,127 FY 08/09 2,922 $1,989,720 $137,071 $471,231 $1,655,560 $71.75 $209,654 -$1,445,906 FY 09/10 2,978 $2,006,917 $139,698 $480,262 $1,666,353 $71.75 $213,672 -$1,452,681 FY 10/11 3,349 $636,422 $157,102 $540,093 $253,431 $71.75 $240,291 -$13,140 FY 11/12 3,426 $0 $160,714 $552,511 -$391,797 $71.75 $245,816 $637,613 FY 12/13 3,500 $0 $164,185 $564,445 -$400,260 $71.75 $251,125 $651,385 FY 13/14 3,578 $24,849 $167,844 $577,024 -$384,331 $71.75 $256,722 $641,053 FY 14/15 3,658 $704,842 $171,597 $589,926 $286,513 $71.75 $262,462 -$24,051 FY 15/16 3,374 $0 $158,274 $544,125 -$385,851 $71.75 $242,085 $627,936 FY 16/17 3,442 $110,062 $161,464 $555,091 -$283,565 $71.75 $246,964 $530,529 FY 17/18 3,507 $801,899 $164,513 $565,574 $400,838 $71.75 $251,627 -$149,211 FY 18/19 3,578 $1,200,942 $167,844 $577,024 $791,762 $71.75 $256,722 -$535,040 FY 19/20 3,616 $1,056,437 $169,627 $583,152 $642,912 $71.75 $259,448 -$383,464 Total 49,362 $9,186,639 $2,315,572 $7,960,609 $3,541,602 $3,541,727 $125 New growth's contribution to the fund balance per person (9) $46.91 Credit per person (2005-2020) (10) $161.27 (1) Source: Table IV-3 (2) Source: Table IV-6 (3) New growth’s contribution to fund balance per person (Item 9) multiplied by new population (Item 1). (4) New population (Item 1) multiplied by credit per person (Item 10). (5) New growth’s portion of capital expenditures in current dollars (Item 2) plus new growth’s contribution to fund balance (Item 3) less new growth’s credit (Item 4). (6) Fees required to generate approximately $3.5 million. Tindale-Oliver & Associates, Inc. Indian River County May 2005 IV-18 Impact Fee Study
(7) New population (Item 1) multiplied by net impact cost per resident (Item 6). (8) Total impact fee revenue (Item 7) less net impact cost (Item 5). (9) New growth’s share to retain the $30 million fund balance calculated as the difference between total impact fee revenue necessary (Item 7) and the new growth’s portion of capital expenditures in current dollars (Item 2) net of new growth’s credit (Item 4) divided by the total new population {($3,541,602 – ($9,186,639 – $7,960,609)) / 49,362 = $46.91} (10) Source: Table IV-9 Proposed Solid Waste Impact Fee Schedule The proposed impact fee schedule is based on the Schedule of Waste Generation Units (WGU) for the land uses included in the IRC 2020 Comprehensive Plan, Chapter 3C Solid Waste Sub-Element. The Comprehensive Plan states that a WGU is defined as a basic unit of waste generation equivalent to 1.0 ton per year. In establishing the impact fee schedule, the fee for a single family residential land use is calculated in Table IV-12. This rate and the ratio of a WGU of each land use to that of a single family land use are used to determine the remaining fees. Table IV-12 Single Family Solid Waste Impact Fee Calculation Step Figure Net Solid Waste Generation Cost per Resident (1) $71.75 Percent residential (2) 45% Residential Solid Waste Cost per Resident (3) $32.29 Residents per Housing Unit (4) 2.336 Net Solid Waste Generation Cost per Household (5) $75.42 (1) Source: Table IV-11 (2) Source: IRC 2020 Comprehensive Plan, Chapter 3C, Solid Waste Sub-Element (3) Net solid waste generation cost per resident (Item 1) multiplied by percent residential (Item 2). (4) Source: Section II, Table II-2 (5) Residential solid waste cost per resident (Item 3) multiplied by residents per housing unit (Item 4). Table IV-13 provides the proposed impact fee schedule. To determine the fee for each land use, the ratio of WGU of any given land use to single family is used to adjust the $75 fee for the single family land use. The resulting WGU-based fee schedule is included in Appendix C. In Table IV-13, this fee schedule is converted to match the other impact fee schedules. In the cases where the conversion required a selection of a land use from the original schedule, the land use with the lowest fee was selected. Tindale-Oliver & Associates, Inc. Indian River County May 2005 IV-19 Impact Fee Study
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Credit Component...................
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Tables Proposed Parks and Recreatio
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Table VI-5 Comparison of IRC Curren
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Maps Map III-1 Correctional Facilit
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Appendix A Appendix B Appendix C Ap
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o A non-charter county may adopt co
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• Most communities make the effec
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• Reasonable administrative costs
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• The BCC may establish a policy
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Table I-2 Current and Recommended S
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Table I-4 Historical and Projected
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Table II-1 IRC Population Estimates
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Table II-4 Unincorporated County Ar
Page 32 and 33: Table II-8 Unincorporated County Ar
Page 34 and 35: Residential Functional Population I
Page 36 and 37: Table II-10 11-Hour/5-Day General F
Page 38 and 39: Table II-12 Countywide Excluding In
Page 40 and 41: Table II-14 Countywide Functional P
Page 42 and 43: Table II-16 Functional Residents fo
Page 44 and 45: Table II-19 Assumptions for Nonresi
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Page 48 and 49: Table III-1 Land & Buildings Invent
Page 50 and 51: Tindale-Oliver & Associates, Inc. I
Page 52 and 53: Table III-3 Level of Service Compar
Page 54 and 55: Table III-6 Equipment Cost Equipmen
Page 56 and 57: Table III-9 Historical Capital Expe
Page 58 and 59: Existing Deficiencies As discussed
Page 60 and 61: Table III-13 (continued) Impact Fee
Page 62 and 63: Table III-15 Annual Impact Fee Reve
Page 66 and 67: • The SWDD also operates five cus
Page 72 and 73: Demand Component Based on the LOS s
Page 74 and 75: Table IV-4 Proposed Capital Expendi
Page 76 and 77: As mentioned previously, future cap
Page 78 and 79: Table IV-7 Historical Revenue Sourc
Page 80 and 81: The following table provides a summ
Page 84 and 85: Table IV-13 Proposed Solid Waste Im
Page 86 and 87: Estimated Revenues As presented in
Page 88 and 89: Table V-1 Summary of Public Buildin
Page 92 and 93: Services provided by County-owned a
Page 94 and 95: Table V-6 Public Building Replaceme
Page 96 and 97: Table V-8 summarizes the capital ex
Page 98 and 99: The vacant land value as a percenta
Page 100 and 101: Table V-12 Proposed Public Building
Page 102 and 103: Table V-13 2025 Demand and Cost For
Page 104 and 105: guideline in planning future infras
Page 110 and 111: In addition to the available materi
Page 112 and 113: Table VI-5 compares the County’s
Page 114 and 115: Table VI-8 Building Unit Costs (1)
Page 116 and 117: Library Materials and Equipment The
Page 118 and 119: Table VI-13 Library Materials and E
Page 120 and 121: It should be noted that it is the C
Page 122 and 123: Table VI-17 Total Credit per Reside
Page 124 and 125: Table VI-19 Persons per Housing Uni
Page 126 and 127: (1) Source: Section II, Table II-1
Page 128 and 129: As presented in Table VI-21, the pr
Page 130 and 131: Table VII-1 Land & Buildings Invent
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Tindale-Oliver & Associates, Inc. I
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Table VII-3 Capital Equipment Repla
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Table VII-5 Current Level of Servic
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Table VII-7 Station Equipment Costs
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Table VII-10 Six-Year Historical Ca
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Table VII-12 Percent of Past Proper
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Table VII-14 Proposed Fire/EMS Impa
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Table VII-15 2025 Demand and Cost F
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guideline in planning future infras
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Table VIII-1 Land and Building Inve
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unincorporated county area. The cur
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Table VIII-6 Equipment Cost Equipme
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Table VIII-8 Historical Capital Exp
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Table VIII-10 Vacant Land Value Per
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Table VIII-12 Net Impact Cost Impac
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Table VIII-13 (continued) Proposed
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Table VIII-15 Annual Impact Fee Rev
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Cost Component Cost per Student Sta
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Total Impact Cost per Student Stati
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fees is given only for revenue used
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Table IX-5 2-Mill Revenue Credit Ca
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Table IX-7 Net Impact Cost per Stud
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Table IX-10 2025 Demand and Cost Fo
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As presented in Table IX-10, the pr
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Table X-1 (Continued) Parks & Recre
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Table X-2 Parks & Recreation Facili
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was calculated using historical exp
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Table X-7 Regional Parks Equipment/
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Table X-9 Programmed Capital Costs
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Table X-11 Historical Capital Expen
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Table X-13 Vacant Land Value Percen
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Table X-15 Net Impact Cost per Resi
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Table X-18 2025 Demand and Cost For
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For impact fee purposes, revenue pr
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Table A-3 24-Hour Baseline - Uninco
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Table A-7 24-Hour Functional Popula
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The resulting percentages from Tabl
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Table A-14 IRC Weighted Average Sea
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Table C-1 Proposed Solid Waste Impa
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Table D-2 IRC School District Inven
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Table F-2 Inventory of Available Im
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Table F-2 Inventory of Available Im
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Table F-3-2 Comparison of Standards
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County SF per Capita Table F-3-4 Co
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Table G-2 Solid Waste - Residential
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Table G-4 Library Facilities - Resi
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Table G-6 Law Enforcement - Residen
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Table G-8 Park and Recreation Facil
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Presentation Overview 1 2 3 4 5 6 B
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Background • BCC initiated study
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Decision Points Decision Points Enc
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Basic Impact Fee Formula Impact Fee
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Distribution of Impact Fees Transpo
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2 Legal Requirements
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Impact Fee vs. Tax • An impact fe
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Authority in IRC • Non-charter co
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Defendable Methodology • Study th
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Revenue Credits • Ensure proporti
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Administration • Must be easy to
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Effective Date • May be effective
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Applicability • Creates a measura
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Decision Point Will each city enter
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Imposition & Collection • As earl
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Use of Impact Fee Revenue • Must
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Decision Point The consultant recom
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Decision Points The consultant reco
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4 LOS Standards
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Impact Fee Comparisons • Single F
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5 Funding Sources (see Table 4)
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Decision Point Does the BCC want to
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Next Steps • Finalize Data Collec
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