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Last modified
3/28/2019 12:42:09 PM
Creation date
10/5/2015 9:34:10 AM
Metadata
Fields
Template:
Ordinances
Ordinance Number
2013-019
Adopted Date
11/19/2013
Agenda Item Number
10.A.1.
Ordinance Type
Capital Improvements Element
Entity Name
CIP
Subject
Capital Improvements Program 5 Year Update
Supplemental fields
SmeadsoftID
12617
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Comprehensive Plan Capital Improvements Element <br />proceeds from this tax if taxable mobile home units are located in its unincorporated area. An <br />authorized use of the proceeds is not specified in the current law. <br />Table 6.1 shows that funds received through the mobile home license tax represented 0.06% of all <br />revenue received by Indian River County in FY 2011/12. Figure 6.15 shows that, mobile home license <br />tax revenue received by Indian River County increased through FY 2009/10, slightly decreased in FY <br />2010/11, and increased again in FY 2011/12. <br />Various Grants <br />Table 6.1 shows that funds received in the form of state grants represented 1.42% of funds <br />received by the county in FY 2011/12. Those state grant funds received by the county originated <br />from the State of Florida Division of Emergency Management, the Florida Housing Finance <br />Corporation, the State of Florida Department of Environmental Protection, the State of Florida <br />Department of State Division of Library Services, the State of Florida Department of <br />Transportation, the State of Florida Department of Revenue, the State of Florida Department of <br />Health, State of Florida Department of Management Services, and State of Florida Department of <br />Highway Safety and Motor Vehicles. <br />Federal Sources <br />Federal funds are either granted directly to local governments or passed through state agencies for <br />administration and monitoring. Those grants are usually distributed on a competitive basis rather than <br />by formula allocations, thereby making forecasts of future revenues difficult. For the purpose of <br />revenue forecasts, those sources will be assumed to remain constant. <br />During FY 2011/12, the county received approximately $9,452,000 in federal funds. Those funds <br />represented 4.80% of all funds received by Indian River County in FY 2011/12. <br />Overall Revenue Sources <br />As mandated by state statute, the financial resources of the county are categorized according to the <br />state Chart of Accounts. The categories in the state Chart of Accounts are taxes, licenses and permits, <br />intergovernmental revenue, charges for services, fines and forfeitures, and miscellaneous revenues. <br />Table 6.4 identifies the total amount of historic revenue generated from those sources for fiscal years <br />2006/2007 through 2011/12. <br />Community Development Department Indian River County <br />Adopted , 2013, Ordinance 2013- 17 <br />
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