I'm surprised you don't have that information. What are you basing your comments on if you haven't reviewed the impact fee documentation?
There are two sources for the $500,000 number though in the end they both come down to the same 2019 Impact Fee Study.
1. The
Sumter County Impact Fee Schedule shows $3,356 per 1,000 sq ft for a Discount Club. Assuming a 100,000 sq ft Costco, that comes to $335,600. If we assume your 40% number is correct, at 100% it would come to a total of $839,000 or about $500,000 in additional fees.
2. There were several documents created in conjunction with the 2019 Impact Fee Study. One of those documents is a comparison of current fees at 40%, fees at 100%, and fees from several surrounding counties. The 40% and 100% numbers match the $335,600 and $839,000 numbers and therefore the $500,000 in additional fees.
I don't have the background to argue whether $500,00 in additional fees would keep Costco from coming here or whether $1,000,000 in additional fees would stop a hospital project. But until someone with the background cares to comment, I'll believe that those numbers are large enough to cause second thoughts and slow growth.
