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ORDINANCE 2007-038 <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 20045/0-56. Table 6.1 <br />also shows the percentage distribution of total revenue received by Indian River County for each of <br />the revenue sources. <br />Table <br />6.1: <br />Indian River County Revenue Sources (FY 20045/056) <br />Federal Sources <br />State <br />Sources <br />Local <br />Sources <br />Amount <br />% of <br />Total <br />Amount <br />% of <br />Amount <br />% of <br />Revenue <br />($1,000) <br />Total <br />Revenue <br />($1,000) <br />Total <br />Revenue <br />Various <br />Grants <br />$10,731 <br />o <br />3.92% <br />Local Government <br />Half -Cent Sales Tax <br />$8 777 <br />3.21% <br />Ad Valorem Taxes <br />$84914 <br />, <br />31.05% <br />Total <br />Federal <br />$10,731 <br />3.92% <br />County Revenue <br />Sharing <br />$3,118 <br />1.14% <br />Enterprise Funds <br />$49,824 <br />18.22% <br />Constitutional Fuel <br />$1 729 <br />User Fees and <br />$18,205 <br />Tax <br />0.63% <br />Charges <br />6.66% <br />County Fuel Tax <br />$780 <br />Special <br />$377 <br />0.29% <br />Assessments <br />0.14% <br />Alcoholic Beverage <br />License Tax <br />$44 <br />Impact Fees <br />$24,634 <br />0.02% <br />9.01% <br />Pari-Mutuel Tax <br />$447 <br />Local Discretionary <br />$15,736 <br />0.16% <br />Sales Surtax <br />5.75% <br />Mobile Home <br />$105 <br />Tourist <br />$1,517 <br />License Tax <br />0.04% <br />Development Tax <br />0.55% <br />Various Grants <br />$1337655, <br />Local Option Fuel <br />$3,319 <br />731 <br />5.03% <br />Tax <br />1.21% <br />Total State <br />$289765 <br />10.52% <br />Franchise Tax <br />$9,318 <br />3.41% <br />Interest Income <br />$162909 <br />6.18% <br />Other <br />$9,227 <br />3.37% <br />Total Local <br />$2339980 <br />85.56% <br />Total All Sources <br />$273,476 <br />100% <br />Community Development Department Indian River County <br />2 <br />