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Indian River County, Florida <br />Tax Revenues by Source, Governmental Funds <br />Last Ten Fiscal Years <br />(A) The County's primary source of revenue is property taxes, amounting to 82 percent of Governmental Funds tax <br />revenues in 2010. Consequently, supplemental required schedules are provided only for property tax revenues. <br />(B) Effective 10/01/07, the State of Florida changed its uniform accounting manual to remove franchise fees from <br />the taxes designation. <br />174 <br />(modified accrual basis of accounting) <br />Schedule 5 <br />Fiscal Year <br />Property (A) <br />Sales & Use <br />Tourist <br />Franchise (B) <br />Gasoline <br />Other <br />Total <br />2001 $ <br />52,395,941 $ <br />11,142,006 $ <br />1,408,046$ <br />6,255,747$ <br />2,351,885 $ <br />- $ <br />73,553,625 <br />2002 <br />56,988,542 <br />11,399,491 <br />1,410,409 <br />5,797,407 <br />3,967,345 <br />925,149 <br />80,488,343 <br />2003 <br />62,734,779 <br />11,678,272 <br />1,286,885 <br />6,222,326 <br />3,222,742 <br />975,080 <br />86,120,084 <br />2004 <br />70,129,433 <br />12,850,023 <br />1,443,271 <br />6,720,166 <br />3,497,894 <br />1,034,583 <br />95,675,370 <br />2005 <br />74,179,347 <br />15,582,689 <br />1,675,781 <br />7,941,020 <br />3,573,036 <br />1,061,052 <br />104,012,925 <br />2006 <br />84,914,269 <br />15,736,078 <br />1,517,360 <br />9,318,394 <br />3,526,774 <br />1,075,673 <br />116,088,548 <br />2007 <br />99,686,794 <br />14,549,834 <br />1,449,083 <br />9,732,773 <br />3,482,514 <br />1,257,071 <br />130,158,069 <br />2008 <br />99,826,741 <br />13,714,228 <br />1,584,514 <br />- <br />3,218,705 <br />1,571,452 <br />119,915,640 <br />2009 <br />94,397,220 <br />13,023,095 <br />1,294,163 <br />- <br />3,369,962 <br />1,604,959 <br />113,689,399 <br />2010 <br />84,603,998 <br />12,660,518 <br />1,324,953 <br />- <br />3,498,698 <br />1,538,559 <br />103,626,726 <br />(A) The County's primary source of revenue is property taxes, amounting to 82 percent of Governmental Funds tax <br />revenues in 2010. Consequently, supplemental required schedules are provided only for property tax revenues. <br />(B) Effective 10/01/07, the State of Florida changed its uniform accounting manual to remove franchise fees from <br />the taxes designation. <br />174 <br />