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fuel tax; and ➢ a ninth cent fuel tax. Indian River County currently imposes the full six cents of the one to six cent fuel tax. That tax applies to every net gallon of motor and diesel fuel sold within the county. The one to six cent fuel tax may be authorized by an ordinance adopted by a majority vote of the governing body or voter approval in a county -wide referendum. Generally, the proceeds may be used to fund transportation expenditures. Table 6.1 shows that local option fuel tax revenue represented 1.50% of all funds collected by Indian River County for FY 2013/14. Figure 6.8 shows that, with the exception of FY 2009/10,there has been a downward trend with local option fuel tax revenue for the county , decreasing to its lowest point in FY 2013/14. One reason for the limited gas tax revenues in FY 2008/09 is that fuel prices were quite high and fuel consumption by consumers slowed (less traveling). The rebound in local option fuel tax revenue in FY 2009/10 can be attributed to a number of factors, including an increase in the local option fuel tax distribution rate from the state from 71.12% in 2007/08 to 72.58% in 2009/10. The subsequent reduction in local option fuel tax revenue can be attributed to increased gas prices as well as more fuel efficient vehicles. All sixty-seven Florida counties levy a portion of the original local option fuel tax. While sixty-six counties levy the full $0.06, one county levies only a portion of the tax. Table 6.3 identifies the local fuel taxes levied in Indian River County and in other counties in the region. As shown in Table 6.3, Saint Lucie, Martin, Okeechobee, and Palm Beach counties all levy the highest allowable fuel taxes at $0.12 per gallon. Those four counties impose both the Ninth Cent Fuel Tax and the One to Five Cent Local Option Fuel Tax. While Indian River County is eligible to levy the Ninth -Cent Fuel Tax and the One to Five Cent Local Option Fuel Tax either by extraordinary vote of the Board of County Commissioners or by voter approval in a countywide referendum, it does not currently levy either tax. At this time, fifty-two of the sixty-seven Florida counties levy the Ninth -Cent Fuel Tax, while twenty-nine of the sixty-seven Florida counties impose at least a portion of the One to Five Cent Local Option Fuel Tax. County - e to Five Cent Local Option Fuel Tax finth Cent Brevard $0.06 $0.06 Indian River $0.06 $0.06 Martin $0.06 $0.05 $0.01 $0.12 Okeechobee $0.06 $0.05 $0.01 $0.12 Community Development Department Adopted TO e i , 2015, Ordinance 2015- o i l Indian River County 10