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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 />rurces State Sources Local Sou] <br />Amount % of Amount % of Amount % of <br />($1,000) Total Total Total <br />Revenue ($1,000) Revenue ($1,000) Revenue <br />Various $1%633 7.75% Local Government $8747 3.45% Ad Valorem Taxes $74,179 29.25% <br />Grants Half -Cent Sales Tax <br />Total $19,663 7.75% County Revenue $25835 1.12% Enterprise Funds $50,238 719.81% <br />Federal Sharing <br />Constitutional FuelI $1,763 I 0.70% I User Fees and I $18,152 I 7.16% <br />Tax Charges <br />County Fuel TaxI $779 I 0.31% I Special I $392 I 0.15% <br />Assessments <br />Alcoholic Beverage I $51 I 0.02% I Impact Fees I $36,297 I 14.31% <br />License Tax <br />Pari-Mutuel TaxI $447 I 0.18% I Local Discretionary I $15,583 I 6.14% <br />Sales Surtax <br />Mobile Home I $101I 0.04% I Tourist I $1,676 I 0.66% <br />License Tax Development Tax <br />Various Grants $55731 2.26% Local Option Fuel $35367 1.33% <br />Tax <br />Total State $20,454 8.06% Franchise Tax $75941 3.13% <br />Interest Income I $4,083 1 1.61% <br />Other 1 $1,592 1 0.63% <br />Total Local $213,500 84.18% <br />Total All Sources $2539617 100% <br />Source: Indian River County Finance Department. <br />Community Development Department Indian River County <br />2 <br />