FY 2010-11 Adopted Budget - Volusia County Government

Fire Impact Fees-Zone 3 (Southwest) Fund - 153Fire Impact Fees-Zone 3 (Southwest) Fund - 153Summary: The Fire/Rescue Impact Fees were established by ordinance in 1989, and are incorporated in Chapter 70,Article II of the Volusia County Code. The impact fee revenues are collected by zone to pay for capitalimprovement needs related to growth. The impact fees apply to both residential and commercialproperties. Impact fees are used to fund specific improvements in facilities or capital equipment. The feeis adjusted annually based on annual percentage changes in the Consumer Price Index (CPI). The indexchange for the 12 months ending December 31 of the previous year is used to make adjustments effectiveMay 1 of each year. The impact fee is subject to review by the County Council at least every six (6) years.Revenues not expended in any fiscal year are carried forward to the next fiscal year. Fees are consideredexpended in the order in which they are collected. $250,000 has been budgeted in FY 2010-11 for thepurchase of land to be used for the construction of a new fire station in this zone (Station 38).AdoptedFY2009-10BudgetFY2010-11RevenuesCurrent RevenuesMiscellaneous Revenues $ 48,000 $ 26,000Subtotal Current Revenues $ 48,000 $ 26,000Non-Current RevenuesAppropriated Fund Balance 596,071 606,504Subtotal Non-current Revenues $ 596,071 $ 606,504Total Revenues $ 644,071 $ 632,504Total Operating Revenues $ 644,071 $ 632,504ExpendituresCapital Improvements $ 250,000 $ 250,000Reserves 394,071 382,504Total Expenditures $ 644,071 $ 632,504Total Operating Expenditures $ 644,071 $ 632,504Net Revenues Less Expenditures $ 0 $ 0Volusia County Section E - 96