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

(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