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Last modified
3/28/2019 12:51:30 PM
Creation date
10/5/2015 1:12:29 PM
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Ordinances
Ordinance Number
2014-020
Adopted Date
12/02/2014
Agenda Item Number
10.A.1.
Ordinance Type
Comprehensive Plan
Subject
Capital Improvements Element Schedule Update
Supplemental fields
SmeadsoftID
13943
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Ordinance No. 2014-020 <br />Existing Conditions <br />Financial Resources <br />One of the chief functions of the Capital Improvements Element is to inventory the major sources of <br />revenue available to the county. Those revenue sources determine the county's capability to fund <br />needed capital improvements. Table 6.1 lists the county's local, state, and federal revenue sources <br />and indicates the amount of revenue collected from each source during FY 2012/13. Table 6.1 also <br />shows the percentage distribution of total revenue received by Indian River County for each of the <br />revenue sources. <br />Community Development Department Indian River County <br />Adopted , 2014, Ordinance 2014- 2 <br />Table 6.1: Indian River County Revenue Sources (FY 2012/13) <br />Federal Sources <br />State <br />Sources <br />Amount <br />% of Total <br />Local <br />Sources <br />Amount <br />% of Total <br />Amount <br />% of Total <br />($1,000) <br />Revenue <br />($1,000) <br />Revenue <br />($1,000) <br />Revenue <br />Various <br />Grants <br />$8,135 <br />4.13% <br />Local Government <br />Half -Cent Sales Tax <br />$7,829 <br />3.98% <br />Ad Valorem Taxes <br />$66,970 <br />34.03% <br />Total <br />Federal <br />$8,135 <br />4.13% <br />County Revenue <br />Sharing <br />$2,894 <br />1.47% <br />Enterprise Funds <br />$43,649 <br />22.18% <br />Constitutional Fuel <br />$1,573 <br />0.80% <br />User Fees and <br />$15,887 <br />8.07% <br />Tax <br />Charges <br />$698 <br />0.35% <br />$481 <br />0.24% <br />County Fuel Tax <br />Special Assessments <br />$57 <br />0.03% <br />$3,215 <br />1.63% <br />Alcoholic Beverage <br />License Tax <br />Impact Fees <br />Distribution of <br />$447 <br />0.23% <br />$14,422 <br />7.33% <br />Sales and Use <br />Local Discretionary <br />Taxes to Counties <br />Sales Surtax <br />Mobile Home <br />$107 <br />0.05% <br />Tourist Development <br />$1,743 <br />0.89% <br />License Tax <br />Tax <br />Various Grants <br />$5,130 <br />2.61% <br />Local Option Fuel <br />$3,145 <br />1.60% <br />Tax <br />9.52% <br />$8,819 <br />4.48% <br />Total State <br />$18,735 <br />Franchise Tax <br />$1,092 <br />0.55% <br />Interest Income <br />5.35% <br />Other <br />$10,532 <br />86.35% <br />Total Local <br />$169,955 <br />100.00% <br />Total All Sources <br />$196,825 <br />Community Development Department Indian River County <br />Adopted , 2014, Ordinance 2014- 2 <br />
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