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Comprehensive Plan Capital Improvements Element Table 6.1 shows that county revenue sharing funds represented 1.06% of all funds collected by Indian River County in FY 2007/08. Figure 6.11 shows that, over the last six fiscal years, county revenue sharing proceeds received by Indian River County varied overtime, but overall increased by 16.23%. • Constitutional Fuel Tax Constitutional fuel tax is defined as an excise or license tax of two cents per gallon imposed upon the first sale or first removal from storage (after importation into Florida) of motor fuel. Revenues from this levy become state funds at the time of collection by the refiner, importer or wholesaler. In its current form, the constitutional fuel tax is a state -shared revenue source for counties only. Applying a distribution formula, the state allocates proceeds to counties to the extent necessary to comply with all obligations to or for the benefit of holders of bonds, revenue certificates, and tax anticipation certificates or any refunds secured by any portion of the tax proceeds. After complying with the necessary debt service obligations, the state distributes a county's surplus funds to its governing body. Table 6.1 shows that revenue received from the constitutional fuel tax levy represented 0.60% of total revenue received by Indian River County in FY 2007/08. Figure 6.12 shows that, over the last six fiscal years, constitutional fuel tax revenue received by Indian River County increased 1.06%. • County Fuel Tax The county fuel tax is levied on motor fuel at the rate of one cent per net gallon. The Source: Indian River County Finance Department Source: Indian River County Finance Department Community Development Department Supplement #_; Adopted November _, 2009, Ordinance 2009 - Indian River County 15