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are not already in existence in the county rsare the 6ne-gent <br />YateNinth Cent Gas Tax and the One- to Five -Cent local option gas <br />tax. As explained in more detail earlier in the text, thrsthese <br />taxtaxes rsare a local option taxtaxes that can be levied on every <br />gallon of motor fuel sold in the county. The projected revenue <br />from this these taxtaxes would be $450,000 per year. <br />Federal Sources <br />Federal funds disbursed to the county have been decreasing in <br />recent years and are projected to continue to decline with <br />shrinking federal budget revenues. Federal funds are either <br />-granted directly to local governments or passed through state <br />agencies for administration and monitoring. These grants are <br />usually distributed on a competitive basis rather than by formula <br />allocations, thereby making projections of future revenues <br />difficult. Therefore, for the purpose of revenue projections, <br />these sources will be assumed to remain constant. <br />The county received approximately $9517888 1,246,000 in federal <br />funds during fiscal year 1989-98 1991-92. Grantors included the <br />U.S. Department of Housing and Urban Development, and the Section <br />8 Rental Assistance Program. The county also received various <br />human services grants and a grant for the county landfill. <br />Overall Revenue Sources <br />Indian River County depends upon a number of revenue sources for <br />funding its operations. A summary of these sources is provided <br />with historical revenue amounts for fiscal years (FY) 1985-86 <br />through 1989-98 1991-92 in Table 13.2. These sources were <br />extracted from the county's annual financial reports, which are <br />prepared according to State Statute requirements. The figures do <br />not include various state and federal grants and borrowing <br />revenues. <br />As indicated in Table 13.2.. for the FY 1985-86 through FY 1989-98 <br />1991-92 time period, the county had total revenues of approximately <br />$299 479 million. Specific information related to each of theses <br />funding sources listed in Table 13.2 is provided below. <br />