Financial feasibility means that sufficient revenues are currently available or will be available from committed funding sources for the first 3 years, or will be available from committed or planned funding sources for years 4 and 5, of a 5-year capital improvement schedule for financing capital improvements, such as ad valorem taxes, bonds, state and federal funds, tax revenues, impact fees, and developer contributions, which are adequate to fund the projected costs of the capital improvements identified in the comprehensive plan necessary to ensure that adopted level-of-service standards are achieved and maintained within the period covered by the 5-year schedule of capital improvements. The requirement that level-of-service standards be achieved and maintained shall not apply if the proportionate-share process set forth in s. 163.3180(12) and (16) is used.5
Financial feasibility means the ability of a project, once completed, to be maintained and operated for its useful life with funds either generated by the project itself or from an identifiable source of funds available for such purpose.
Financial feasibility means that sufficient
Examples of Financial feasibility in a sentence
FINANCIAL FEASIBILITY - The discussion of the financial feasibility of the subject, as if vacant, would also apply to the test as improved.
FINANCIAL FEASIBILITY - Financial feasibility is directly proportional to the amount of net income that could be derived from the subject.
SEE "CERTAIN FACTORS TO BE CONSIDERED" FOR A DISCUSSION OF CERTAIN RISK FACTORS THAT COULD AFFECT FINANCIAL FEASIBILITY OF THE PLAN.
SEE SECTION VII HEREIN FOR A DISCUSSION OF CERTAIN RISK FACTORS THAT COULD AFFECT FINANCIAL FEASIBILITY OF THE PLAN.
THE FOUR CRITERIA THE HIGHEST AND BEST USE MUST MEET ARE LEGAL PERMISSIBILITY, PHYSICAL POSSIBILITY, FINANCIAL FEASIBILITY, AND MAXIMUM PROFITABILITY.
More Definitions of Financial feasibility
Financial feasibility means that sufficient 688 revenues are currently available or will be available from 689 committed funding sources for the first 3 years, or will be
Financial feasibility. An assurance that sufficient revenues are currently available or will be available from committed funding sources for the first three (3) years, or will be available from committed or planned funding sources for years four (4) and five (5), of a five-year capital improvement schedule, and as further defined in Section 163.3164(32) Florida Statutes, as amended.
Financial feasibility means the viability of a project after taking into consideration its total costs and projected revenues.
Financial feasibility means that sufficient revenues are currently available or will be available from committed funding sources for the first 3 years, or will be available from committed or planned funding sources for years 4 and 5, of a 5-year capital improvement schedule for financing capital improvements, such as ad valorem taxes, bonds, state and federal funds, tax revenues, impact fees, and developer contributions, which are adequate to fund the projected costs of the capital improvements identified in the com- prehensive plan necessary to ensure that adopted level-of-service standards are achieved and maintained within the period covered by the 5-year sched- ule of capital improvements. A comprehensive plan shall be deemed finan- cially feasible for transportation and school facilities throughout the plan- ning period addressed by the capital improvements schedule if it can be demonstrated that the level-of-service standards will be achieved and main- tained by the end of the planning period even if in a particular year such improvements are not concurrent as required by s. 163.3180. The require- ment that level-of-service standards be achieved and maintained shall not apply if the proportionate-share process set forth in s. 163.3180(12) and (16) is used.
Financial feasibility means that financing for a water reservation project can be secured and that project costs will be recovered:
Financial feasibility typically means that “revenues equal or exceed costs.” However, in the case of public transit, where public policies support operational subsidies, feasibility must be recast to evaluate the farebox recovery ratios that may be attainable given ridership forecasts.2 In the case of ferry services that may be operated by a public operator like WETA, the service routes are evaluated against WETA’s minimum feasibility standard of 40 percent farebox revenue recovery ratio within the first ten years of operation.3 The farebox revenue recovery ratio target is between 50 and 70 percent for mature services. While each service will require significant future capital investment, this financial feasibility assessment focuses on the operating costs of each of the proposed ferry lines.
Financial feasibility. An assurance that sufficient revenues are currently available or will be available from committed funding sources for the first 3 years, or will be available from committed or planned funding sources for years 4 and 5, of a 5-year capital improvement schedule for financing capital improvements, such as. The funding sources include, but are not limited to, ad valorem taxes, bonds, state and federal funds, tax revenues, impact fees, and developer contributions, which. Financial Feasibility is achieved when these sources are adequate to fund the projected costs of the capital improvements identified in the comprehensive planFive Year District Facilities Work Program necessary to ensure that adopted level-of-service standards are achieved and maintained within the period covered by the 5-year schedule of capital improvements. The requirement that level-of-service standards be achieved and maintained shall not apply if the proportionate-share process set forth in s.Section 163.3180(12) and (16)6), F.S., is used (ref. 163.3164(32) F.S.)..