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conservation or protection of natural resources; or to finance the closure of local government-owned solid waste landfills that are already closed or are required to close by order of the Department of Environmental Protection. The tax will expire on December 31, 2019, unless renewed by the voters. If that tax is not renewed by the voters, beginning in FY 2019/20, either capital project expenditures will need to be significantly decreased or another significant revenue source or combination of revenue sources will be required. Because it is not currently known if the tax will be renewed, this CIE reflects a reduction of expenditures for FY 2019/20. Notes have been added to the 5 year schedule of capital improvements to indicate projects that will have deficient funding if the local discretionary sales surtax is not renewed. With respect to transportation projects, the Metropolitan Planning Organization's (MPO) Long Range Transportation Plan indicates that many if not most of the County's major roadways, including County Road 510, 43rd and 58th Avenues between 16th Street and 26th Street, 26th Street (east of 58th Avenue), and CR 512 (west of 1-95) will be severely over capacity if funding sources are not maintained and if projects are deferred because of the lack of funding. Table 6.1 shows that local sales surtax revenue represented 7.31% of all funds collected by Indian River County in FY 2013/14. Figure 6.6 displays the Local Discretionary Sales Surtax revenue received by Indian River County over the last six fiscal years. This local revenue source increased by 16.93% over that period. Distribution of surtax proceeds is based on the specifics of an interlocal agreement or through a formula based on population. In Indian River County, Local Infrastructure Surtax revenue is distributed to county government and municipal governments through a formula based on population. Currently, eighteen of the sixty-seven Florida counties levy a Local Government Infrastructure Surtax. Within Indian River County's region, Brevard, Martin, Palm Beach, and St. Lucie counties do not levy the surtax. While Okeechobee County is eligible to levy the infrastructure surtax, it another local discretionary sales surtax. • Tourist Development Tax $2,500 $2,000 $1,500 $1,000 $500 $- Figure 6.7: Tourist Development Tax Revenue by FY 08/09 09/10 10/11 M12 12/13 13/14 ■Revenue (in thousands) Source: Indian River County Finance Department instead levies a Small County Surtax of 1%. That is Any county in the state may, subject to a vote of the citizenry, impose a Tourist Development Tax. Community Development Department Adopted ig - I , 2015, Ordinance 2015- 011 7 Indian River County