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I <br />Comprehensive Plan Capital Improvements Element <br />Existing Conditions <br />Financial Resources <br />One of the chief functions of the Capital Improvements Element is to inventory the major sources of <br />revenue available to the county. These revenue sources determine the county's capability to fund <br />needed capital improvements. Table 6.1 lists the county's local, state, and federal revenue sources <br />and indicates the amount of revenue collected from each source during FY 2004/05. Table 6.1 also <br />shows the percentage distribution of total revenue received by Indian River County for each of the <br />revenue sources. <br />Table 6.1: Indian River County Revenue Sources (FY 2004/05) <br />4214,10 <br />ederal Sources <br />4 <br />y <br />State <br />Sources <br />y ;Local <br />Sources; <br />Amount <br />% of <br />Total <br />Amount <br />% of <br />Total <br />Amount <br />% of <br />($1,000) <br />Revenue <br />($1,000) <br />Revenue <br />($1,000) <br />Total <br />Revenue <br />Various <br />Grants <br />$19,633 <br />7.75% <br />Local Government <br />Half -Cent Sales Tax <br />$8,747 <br />3.45% <br />Ad Valorem Taxes <br />$74,179 <br />29.25% <br />Total <br />$19,663 <br />7.75% <br />County Revenue <br />$2 835 <br />1.12% <br />Enterprise Funds <br />$50,238 <br />19.81% <br />Federal <br />Sharing <br />Constitutional Fuel <br />$1,763 <br />0.70% <br />User Fees and <br />$18,152 <br />7.16% <br />Tax <br />Charges <br />Special <br />$392 <br />0.15% <br />County Fuel Tax $779 0.31% <br />Assessments <br />Alcoholic Beverage <br />$51 <br />0.02% <br />Impact Fees <br />$36,297 <br />14.31% <br />License Tax <br />Pari-Mutuel Tax <br />$447 <br />0.18% <br />Local Discretionary <br />$15,583 <br />6.14% <br />Sales Surtax <br />Tourist <br />$1,676 <br />0.66% <br />Mobile Home $101 0.04% <br />License Tax <br />Development Tax <br />Local Option Fuel <br />$3,367 <br />1.33% <br />Various Grants $5,731 2.26% <br />Tax <br />Franchise Tax <br />$7,941 <br />3.13% <br />Total State <br />$20,454 <br />8.06% <br />Interest Income <br />$4,083 <br />1.61% <br />Other <br />$1,592 <br />0.63% <br />Total Local <br />$213,500 <br />84.18% <br />Total All Sources <br />$253,617 <br />100% <br />Community Development Department <br />Source: Indian River County Finance Department. <br />Indian River County <br />2 <br />