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5
<br />f
<br />County Revenue Sharing Trust Fund Receipts and Appropriations
<br />(1) Beginning with the 1974 fiscal year all available funds are appropriated automatically.
<br />Source: Florida Department of Administration
<br />Coverage of Guaranteed Entitlements of all Counties by County Revenue Sharing Trust Fund Receipts
<br />The following table shows the receipts deposited into the revenue sharing trust fund for counties since its
<br />inception and illustrates the ratio by which such receipts cover the total guaranteed entitlements of all Florida
<br />counties.
<br />Fiscal Years Ended June 30th
<br />1977
<br />1976
<br />1975
<br />1974
<br />1973
<br />Intangible Tax
<br />$47,435,482
<br />$39,282,322
<br />$35,972,314
<br />$51,819,219
<br />$440,655,872
<br />Cigarette Tax
<br />10,493,951
<br />10,172,703
<br />9,881,102
<br />9,785,612
<br />9,127,591
<br />Road Tax
<br />1,452,417
<br />1,292,159
<br />1,379,268
<br />1,829,705
<br />1,335,075
<br />Total Receipts
<br />$59,381,850
<br />$50,747,184
<br />$47,232,684
<br />$63,434,536
<br />$51,118,538
<br />Beginning Balance
<br />34
<br />45
<br />5,323,389
<br />12,118,538
<br />—
<br />Total Available
<br />$59,381,884
<br />$50,747,229
<br />$52,556,073
<br />$75,553,074
<br />$51,118,538
<br />Appropriation (1)
<br />$59,381,884
<br />$50,747,229
<br />$52,556,073
<br />$68,526,684
<br />$39,000,000
<br />Other Transfers
<br />—
<br />—
<br />$ 1,703,001
<br />—
<br />(1) Beginning with the 1974 fiscal year all available funds are appropriated automatically.
<br />Source: Florida Department of Administration
<br />Coverage of Guaranteed Entitlements of all Counties by County Revenue Sharing Trust Fund Receipts
<br />The following table shows the receipts deposited into the revenue sharing trust fund for counties since its
<br />inception and illustrates the ratio by which such receipts cover the total guaranteed entitlements of all Florida
<br />counties.
<br />INDIAN RIVER COUNTY, FLORIDA
<br />GUARANTEED ENTITLEMENT, ADDITIONAL STATE REVENUE SHARING
<br />RECEIPTS AND TOTAL STATE REVENUE SHARING RECEIPTS
<br />Fiscal Years Ended June 30th
<br />1977
<br />1976 1975 1974
<br />1973
<br />County Revenue Sharing
<br />Guaranteed Entitlement
<br />$205,850
<br />$205,850
<br />Trust Fund Receipts
<br />$59,381,850
<br />$50,747,184 $47,232,684 $63,434,536
<br />$51,118,538
<br />Guaranteed Entitlements
<br />50,957
<br />183,959
<br />Total State Revenue Sharing Receipts (1)
<br />for all Florida Counties
<br />$30,329,957
<br />$30,329,957 $30,329,957 $30,329,957
<br />$30,329,957
<br />Times Coverage
<br />1.96x
<br />1.67x 1.56x 2.09x
<br />1.69x
<br />INDIAN RIVER COUNTY, FLORIDA
<br />GUARANTEED ENTITLEMENT, ADDITIONAL STATE REVENUE SHARING
<br />RECEIPTS AND TOTAL STATE REVENUE SHARING RECEIPTS
<br />NOTE: Reference should be made to the table above which illustrates the amount and ratio by which all Florida county revenue
<br />sharing trust fund receipts exceed the guaranteed entitlements for all Florida counties.
<br />(1) The holders of the Bonds will only have a lien upon the guaranteed entitlement portion of the total state revenue sharing
<br />receipts distributable to Indian River County.
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<br />State Fiscal Years Ended June 30
<br />1977
<br />1976
<br />1975
<br />1974
<br />Guaranteed Entitlement
<br />$205,850
<br />$205,850
<br />$205,850
<br />$205,850
<br />Additional Revenue Sharing Receipts
<br />154,255
<br />98,263
<br />50,957
<br />183,959
<br />Total State Revenue Sharing Receipts (1)
<br />$360,105
<br />$304,113
<br />$256,807
<br />$389,809
<br />NOTE: Reference should be made to the table above which illustrates the amount and ratio by which all Florida county revenue
<br />sharing trust fund receipts exceed the guaranteed entitlements for all Florida counties.
<br />(1) The holders of the Bonds will only have a lien upon the guaranteed entitlement portion of the total state revenue sharing
<br />receipts distributable to Indian River County.
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