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Comprehensive Plan Capital Improvements Element
<br />table 6.7 shows, general revenue collected by the county is projected to decrease slightly in the next
<br />two fiscal years and increase in the fourth and fifth fiscal years. Even with the increases in the fourth
<br />and fifth fiscal years, general revenue is projected to decrease from $299,037,072 in FY 2011/12 to
<br />$293,087,088 in FY 2015/16.
<br />Table 6.7: Overall General Revenue Projection Summary `
<br />FY
<br />2011/12
<br />2012/13
<br />2013/14
<br />2014/15
<br />2015/16
<br />TOTAL
<br />Taxes
<br />$92,241,620
<br />$92,242,000
<br />$97,405,971
<br />$99,841,000
<br />$102,337,000
<br />$484,067,591
<br />Licenses &
<br />Permits
<br />$20,530,448
<br />$21,044,000
<br />$21,570,000
<br />$22,109,000
<br />$22,662,000
<br />$107,915,448
<br />Intergovern-
<br />ment
<br />$18,101,468
<br />$18,554,000
<br />$19,018,000
<br />$19,493,000
<br />$19,980,000
<br />$95,146,468
<br />Charges for
<br />Services
<br />$60,098,159
<br />$61,601,000
<br />$63,141,000
<br />$64,720,000
<br />$66,338,000
<br />$315,898,159
<br />Fines &
<br />Forfeitures
<br />$322,500
<br />$331,000
<br />$339,000
<br />$347,000
<br />$356,000
<br />$1,695,500
<br />Interest&
<br />Misc.
<br />$9,562,438
<br />$9,801,000
<br />$10,046,000
<br />$10,297,000
<br />$10,554,000
<br />$50,260,438
<br />Other Sources
<br />$98,180,439
<br />$71,165,804
<br />$54,146,570
<br />$66,819,721
<br />$70,860,088
<br />$361,172,622
<br />TOTAL
<br />299,037,072
<br />274,738,804
<br />265,666,541 1
<br />283,626,721
<br />293,087,088
<br />$1,416,156,226
<br />ovurcc: muian 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 projections by applicable comprehensive plan
<br />element for fiscal years 2011/12 through 2015/16. As shown in table 6.8, projected transportation
<br />revenues are broken down by their sources. Earmarked projected transportation revenues are
<br />expected to increase by 27.91% over the next five fiscal years, from $18,770,000 in FY 2011/12 to
<br />$24,009,000 in FY 2015/16.
<br />Although transportation revenues are expected to increase from FY 11/12 to FY 15/16, it is important
<br />to note that FY 11/12 transportation revenue is $36,020,701 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. Part of the transportation revenue increase for fiscal year 2014/15 and fiscal year
<br />2015/16 is from a planned 6 cent per gallon tax increase on gasoline (Local Option Gas Tax). In
<br />Community Development Department
<br />Adopted November _, 2011, Ordinance 2011 -
<br />Indian River County
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