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Comprehensive Plan Capital Improvements Element
<br />Table 6.8: Earmarked Projected Revenue by Comprehensive Plan Element
<br />Transportation
<br />Potable
<br />Emergency Services
<br />Local
<br />Fiscal
<br />General Fund
<br />M.S.T.U.
<br />1 cent
<br />Acquisition
<br />Year
<br />Fiscal
<br />Water &
<br />Solid Waste
<br />Year
<br />Option Gas
<br />Constitutional
<br />County
<br />Traffic
<br />optional
<br />Interest on
<br />Total
<br />T
<br />Sanitary
<br />Millage
<br />Tax Base
<br />Tax
<br />Gas Tax
<br />Gas Tax
<br />Impact Fee
<br />sales tax
<br />Gas Tax
<br />$7,820,732,737
<br />Sewer
<br />$11,640,087,880
<br />2010/11
<br />1 3,313,710
<br />1,550,000
<br />682,000
<br />1,200,000
<br />12,000,000
<br />280,000
<br />19,025,710
<br />27,333,363
<br />10,713,852
<br />2011/12
<br />3,314,000
<br />1,550,000
<br />682,000
<br />1,650,000
<br />12,000,000
<br />280,000
<br />19,476,000
<br />27,333,000
<br />10,714,000
<br />2012/13
<br />3,347,000
<br />1,566,000
<br />689,000
<br />2,256,196
<br />12,300,000
<br />280,000
<br />20,438,196
<br />28,016,000
<br />10,982,000
<br />2013/14
<br />$13,675,013,020
<br />3.0892
<br />$7,559,324,745
<br />1.0733
<br />$11,251,017,943
<br />1.7148
<br />$13,675,013,020
<br />0.0699
<br />6,237,971
<br />11582,000
<br />696,000
<br />2,600,000
<br />12,608,000
<br />280,000
<br />24,003,971
<br />28,716,000
<br />11,257,000
<br />2014/15
<br />1
<br />6,300,000
<br />1,598,000
<br />703,000
<br />3,055,880
<br />12,923,000
<br />280,000
<br />24,859,880
<br />29,434,000
<br />11,538,000
<br />Source: Indian River County Office of Management and Budget.
<br />• Tax Base, Assessment Ratio, Millage Rate
<br />Table 6.9 summarizes the county's tax base projections which are categorized by fund through FY
<br />2014/15. Overall, the countywide ad valorem tax base is the same as the general fund category
<br />identified in table 6.9.
<br />Table 6.9: Indian River County Tax Base and Millage Projections
<br />Emergency Services
<br />Environmental Land
<br />Fiscal
<br />General Fund
<br />M.S.T.U.
<br />District
<br />Acquisition
<br />Year
<br />Tax Base
<br />Millage
<br />Tax Base
<br />Millage
<br />Tax Base
<br />Millage
<br />Tax Base
<br />Millage
<br />2010/11
<br />$14,147,906,804
<br />3.0892
<br />$7,820,732,737
<br />1.0733
<br />$11,640,087,880
<br />1.7148
<br />$14,147,906,804
<br />0.0681
<br />2011/12
<br />$13,016,074,260
<br />3.0892
<br />$7,195,074,118
<br />1.0733
<br />$10,708,880,850
<br />1.7148
<br />$13,016,074,260
<br />0.0735
<br />2012/13
<br />$13,016,074,260
<br />3.0892
<br />$7,195,074,118
<br />1.0733
<br />$10,708,880,850
<br />1.7148
<br />$13,016,074,260
<br />0.0735
<br />2013/14
<br />$13,341,476,117
<br />3.0892
<br />$7,374,950,971
<br />1.0733
<br />$10,976,602,871
<br />1.7148
<br />$13,341,476,117
<br />0.0717
<br />2014/15
<br />$13,675,013,020
<br />3.0892
<br />$7,559,324,745
<br />1.0733
<br />$11,251,017,943
<br />1.7148
<br />$13,675,013,020
<br />0.0699
<br />Source: Indian River County Office of Management and Budget.
<br />As shown in table 6.9, the county has a Municipal Service Taxing Unit (MSTU) and an emergency
<br />services district, each with a separate millage.
<br />Chanes to the Capital Improvements Program
<br />With the ongoing depressed housing market, challenges in the national and global financial markets,
<br />and the reduction in building permit activity, county revenue again decreased and is expected to
<br />Community Development Department
<br />Adopted November 2, 2010, Ordinance 2010-024
<br />Indian River County
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