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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 2011/12. 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 />Table 6.1: Indian River County Revenue Sources (FY 2011/12) <br />State Sources <br />Amount <br />% of Total <br />Amount % of Total <br />Amount <br />% of Total <br />($1,000) Revenue <br />($1,000) <br />Revenue <br />($1,000) <br />Revenue <br />Various $9,452 4.80% <br />Grants <br />Local Government <br />Half -Cent Sales Tax <br />$7,413 <br />3.77% <br />Ad Valorem Taxes <br />$70,328 <br />35.75% <br />Total $9,452 4.80% <br />Federal <br />County Revenue <br />Sharing <br />$2,751 <br />1.40% <br />Enterprise Funds <br />$42,905 <br />21.81% <br />Constitutional Fuel <br />$1,597 <br />0.81% <br />User Fees and <br />$14,760 <br />7.50% <br />Tax <br />Charges <br />Special Assessments <br />$397 <br />0.20% <br />County Fuel Tax <br />$696 <br />0.35% <br />Impact Fees <br />$2,268 <br />1.15% <br />Alcoholic Beverage $67 0.03% <br />License Tax <br />Distribution of <br />Sales and Use <br />$447 <br />0.23% <br />Local Discretionary <br />$13,709 <br />6.97% <br />Taxes to Counties <br />Sales Surtax <br />Tourist Development <br />$1,605 <br />0.82% <br />Mobile Home $112 0.06% <br />License Tax <br />Tax <br />Local Option Fuel <br />$3,173 <br />1.61% <br />Various Grants $2,785 1.42% <br />Tax <br />Franchise Tax <br />$8,620 <br />4.38% <br />Total State $15,868 8.07% <br />Interest Income <br />$1,311 <br />0.67% <br />Other. <br />$12,349 <br />6.28% <br />Total Local <br />$171,425 <br />87.13% <br />Total All Sources <br />$196,745 <br />100.00% <br />Community Development Department Indian River County <br />Adopted , 2013, Ordinance 2013- 2 <br />