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Comprehensive Plan Capital Improvements Element <br />by law. Governments are allowed wide latitude in using the half cent sales tax. For counties, the law <br />provides only that half cent sales tax revenue be used for countywide tax relief or countywide <br />programs. <br />• County Revenue Sharing <br />The current structure of the county revenue sharing program consists of two revenue sources. Those <br />sources include 2.90% of net cigarette tax collections and 2.044% of sales and use tax collections. <br />Proceeds are collected by the state and then distributed to eligible counties based on an allocation <br />formula. There are no use restrictions on the distributed revenue; however, there are some statutory <br />limitations regarding those funds being used as a pledge for indebtedness. <br />To receive distribution proceeds through the county revenue sharing program, counties must meet the <br />following criteria: <br />(1) Law enforcement officers and firefighters are certified and meet state requirements; <br />(2) Certification of taxable value for a property tax levy is made in a timely and correct manner to <br />the Department of Revenue; <br />(3) The county's most recent financial reports must have been sent to the Department of Banking <br />and Finance, and post audits of those statements and accounts must have been provided. <br />Table 6.1 shows that county revenue sharing <br />funds represented 1.40% of all funds <br />collected by Indian River County in FY <br />2011/12. Figure 6.11 shows that, over the <br />last six fiscal years, revenue sharing <br />proceeds received by Indian River County <br />have varied, but overall have decreased by <br />10.80%. <br />• Constitutional Fuel Tax <br />The constitutional fuel tax is defined as an <br />excise or license tax of two cents per gallon <br />of motor fuel, imposed upon the first sale or <br />first removal from storage (after importation <br />into Florida). Revenues from this levy <br />become state funds at the time of collection <br />by the refiner, importer or wholesaler. <br />Community Development Department <br />Adopted , 2013, Ordinance 2013 - <br />FIGURE 6.12: Constitutional Fuel Tax Revenue <br />$1,750 <br />$1,71s <br />$1,700 <br />$1,650 <br />$1s1e <br />$1,600$1,593 $1,597 <br />$1,575 $1,580 <br />$1,550 <br />$1,500 <br />2007 2008 2009 2010 2011 2012 <br />■Revenue (inthousands) <br />Source: Indian River County Finance Department <br />Indian River County <br />14 <br />