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Comprehensive Plan Capital Improvements Element
<br />As table 6.7 shows, general revenue collected by the County is projected to decrease slightly in the
<br />next fiscal year and increase in the third, fourth and fifth fiscal years. Even with the increases in the
<br />third, fourth and fifth fiscal years, general revenue is projected to decrease from $286,55,593 in FY
<br />2012/13 to $277,978,058 in FY 2016/17.
<br />Table
<br />6.7: Overall General
<br />Revenue
<br />Projection Summary
<br />2012/13
<br />2013/14
<br />2014/15
<br />201516
<br />2016/17
<br />TOTAL
<br />FY
<br />Taxes
<br />$87,973,329
<br />$87,973,000
<br />$89,293,000
<br />$91,525,000
<br />$93,813,000
<br />$450,577,329
<br />Permits, Fees
<br />& Special
<br />$20,796,808
<br />$21,317,000
<br />$21,850,000
<br />$22,396,000
<br />$22,956,000
<br />$109,315,808
<br />Assess.
<br />Intergovern-
<br />$18,035,115
<br />$18,486,000
<br />$18,948,000
<br />$19,422,000
<br />$19,908,000
<br />$94,799,115
<br />ment
<br />Charges for
<br />$60,813,979
<br />$62,334,000
<br />$63,892,000
<br />$65,489,000
<br />$67,126,000
<br />$319,654,979
<br />Services
<br />Judgements,
<br />Fines &
<br />$310,200
<br />$318,000
<br />$326,000
<br />$334,000
<br />$342,000
<br />$1,630,200
<br />Forfeitures
<br />Interest&
<br />$11,418,374
<br />$11,704,000
<br />$11,997,000
<br />$12,297,000
<br />$12,604,000
<br />$60,020,374
<br />Misc.
<br />Other Sources
<br />$87,185,788
<br />$56,905,572
<br />$56,666,540
<br />$52,489,860
<br />$61,229,058
<br />$314,476,818
<br />TOTAL
<br />$286,533,593
<br />$259,037,572
<br />$262,972,540
<br />$263,952,860
<br />$277,978,058
<br />$1,350,474,623
<br />Source: Indian River County Office of Management and Budget.
<br />• Earmarked Projected Revenues
<br />Earmarked revenues are revenues that are restricted in terms of use. Such revenues may be found in
<br />the Transportation Element, Sanitary Sewer Sub -Element, Potable Water Sub -Element, and Solid
<br />Waste Sub -Element.
<br />Table 6.8 provides a summary of earmarked revenue forecasts by applicable comprehensive plan
<br />element for fiscal years 2012/13 through 2016/17. As shown in table 6.8, forecasted transportation
<br />revenues are broken down by their sources. Earmarked forecasted transportation revenues are
<br />expected to increase by 14.49% over the next five fiscal years, from $18,952,012 in FY 2012/13 to
<br />$21,698,000 in FY 2016/17.
<br />Although transportation revenues are expected to increase from FY 12/13 to FY 16/17, it is important
<br />to note that FY 12/13 transportation revenue is $35,838,689 less than FY 2004/05 transportation
<br />revenue. That reflects the substantial decrease in traffic impact fee revenue from the housing boom
<br />years to the present.
<br />Community Development Department Indian River County
<br />Adopted , 2012, Ordinance 2012-
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