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ORDINANCE 2007-038 <br />Comprehensive Plan Capital Improvements Element <br />Federal Sources <br />Federal funds are either granted directly to local governments or passed through state agencies for <br />administration and monitoring. These grants are usually distributed on a competitive basis rather than <br />by formula allocations, thereby making projections of future revenues difficult. For the purpose of <br />revenue projections, these sources will be assumed to remain constant. <br />The county received approximately $19,663,00 M 0.73 1,000 in federal funds during FY 20045/0-56. <br />These funds represented 74-53.92% of all funds received by Indian River County in FY 20045/0-56, <br />Overall Revenue Sources <br />As mandated by state statute, the financial resources of the county are categorized according to the <br />state Chart of Accounts. These categories include taxes, licenses and permits, intergovernmental <br />revenue, charges for services, fines and forfeitures, interest, and miscellaneous revenues. Table 6.4 <br />identifies the total amount of historic revenue generated from these sources for fiscal years <br />199/2000/2001 through 20045/0-56, <br />Table 6.4: Indian River County General Revenues By Source <br />Fiscal <br />Year <br />Taxes <br />Licenses & <br />Permits <br />Intergovernmenta <br />I Revenue <br />Charges for <br />Services <br />Fines & <br />Forfeitures <br />Miscellaneo <br />us Revenues <br />Totals <br />2000/01 <br />$73,553,625 <br />$493,585 <br />$18,7645102 <br />$111037,594 <br />$1,251,098 <br />$14,727,979 <br />$119,827,983 <br />2001/02 <br />$803488,343 <br />$515,653 <br />$20,802,982 <br />$11,368,399 <br />$1,421,542 <br />$11,600,449 <br />$126,197,368 <br />2002/03 <br />$86,1203084 <br />$5675403 <br />$355213,140 <br />$13,6839108 <br />$1,584,737 <br />$9,703,817 <br />$146,872189 <br />2003/04 <br />$95,675,370 <br />$1,0331394 <br />$2635882303 <br />$14,282,587 <br />1 $11508,786 <br />1 $14,5455961 <br />1 $15396345401 <br />2004/05 <br />1 $104,0121925 <br />$1,3541282 <br />$35,9731818 <br />$18,151,546 <br />$1,715,875 <br />1 $42,170,294 <br />1 $203,3782740 <br />2005/06 <br />1 $1169088,548 <br />$1,274,638 <br />$38,261,489 <br />$181204,600 <br />$250695593 <br />1 $40,182,777 <br />1 $216,081,645 <br />Source: Indian River County Comprehensive Annual Financial Report, 200-56 <br />Figure 6.16 displays the distribution of revenue by the same categories listed in table 6.4 for each of <br />the last six fiscal years. <br />Community Development Department Indian River County <br />18 <br />