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TABLE 13.2
<br />INDIAN RIVER COUNTz
<br />HISTORIC OVERALL GENERAL REVENUE SUNKARY
<br />FISCAL YEARS 1985-86 THROUGH 3989-98 1991-92
<br />Enterprise Funds*
<br />Licenses Charges Interest Charges
<br />Fiscal and Inter- for -Fines and and . for Other
<br />Year Taxes Permits Governmental Services Forfeitures Misc. Services Sources Totals
<br />1985-86 $21,181,476 $219,821 ;6,365,280 ;2,1911524 =558,281 =4,601,704 =4,497,474 $471,197 $40,086,757
<br />1986-87 24,807,101 219,902 9,252,713 3,675,834 474,244 5,974,689 61108,824 618,474 51,131,781
<br />1987-88 321069,112 243,975 7,912,270 3,478,601 509,082 51474,720 7,546,672 969,740 58,2041172
<br />1988-89 33,371,314 285,200 8,636,945 2,672,683 558,017 9,482,949 10,561,181 4,377,385 69,945,674
<br />1989-90 42,336,845 223,674 9,158,185 3,420,266 626,632 10,0001299 13,049,666 1,679,668 80,495,235
<br />1990-91 44,297,560 291,666 9,515,922 5,500,819 866,183 10,1571444 14,204,991 2,201,744 87,036,329
<br />1991-92 46,133,796 268,836 9,5851497 5,549,919 683,646 10,047,252 18,271,108 2,122,458 92,662,512
<br />5 7 Year Total $29978637639
<br />Note: *Enterprise fund revenues are separate from general fund revenues. 479,562,460
<br />Source: Indian River County Finance Department, September 3993 1993
<br />The majority of the revenue collected under the 'taxes' category is
<br />generated from ad valorem taxes. Ad valorem taxes are taxes on the
<br />assessed value of real property. Those who own real property pay
<br />ad valorem taxes, These taxes are based on a millage rate in which
<br />one mill is equal to $1 per $1,000 of assessed value or .1 percent.
<br />During FY 1989-99 1991-92, the county collected over $3179 35.1
<br />sssss
<br />million in ad valorem taxes. The general fund millage rate was set
<br />at 571844 4.6423 mills; in FY 1989-98 1991-92, with a level of
<br />assessment of 100.
<br />Besides ad valorem taxes, the county collects local option resort
<br />taxes, local option gas taxes, electric franchise fees and other
<br />miscellaneous revenue under the 'taxes' category. In FY 1989-98
<br />1991-92, the county collected over $1876 11 million of these non -ad
<br />valorem taxes. The total revenue received from the "Taxes" category
<br />was over $42 46 million in FY 1989-98 1991-92, as indicated in
<br />Table 13.2.
<br />License and Permits
<br />This revenue consists of fees and permits charged for new
<br />construction, professional/occupational licensing fees collected by
<br />the Tax Collector and other miscellaneous licenses and permits.
<br />The total revenue received from the 'Licenses and Permits' category
<br />was $2237694 268,836 in FY 1989-96 1991-92, as indicated in Table
<br />13.2.
<br />As indicated in Table 13.2, the 'Intergovernmental' revenue
<br />category is the second largest source of revenue for the county,
<br />
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