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Comprehensive Plan <br />Capital Improvements Element <br />Table 6.3: Local Fuel Tax Rates <br />One to Six Cent Loi <br />Option Fuel Tax <br />One to Five Cent <br />Local Option Fuel Tax <br />Palm Beach <br />$0.06 <br />$0.05 <br />$0.01 <br />$0.12 <br />St. Lucie <br />$0.06 <br />$0.05 <br />$0.01 <br />$0.12 <br />Source: <br />• <br />The Florida Legislature's Office of Economic and Demographic Research website: October 2015. <br />Franchise Fee/Tax <br />Counties and municipalities may exercise their <br />home rule authority to impose a fee upon a <br />utility for the grant of a franchise and the <br />privilege of the utility using the local <br />government's rights-of-way to conduct the <br />utility's business. Franchise fees are typically <br />levied through a franchise agreement <br />negotiated between the local government and <br />the utility provider. Indian River County <br />receives franchise revenue from electric, water, <br />sewer, garbage, and cable television franchises. <br />Table 6.1 shows that franchise fee revenue <br />represented 4.47% of all funds collected by <br />Indian River County in FY 2013/14. Figure 6.9 <br />shows that over the last six fiscal years <br />franchise fee revenue collected by Indian River <br />County decreased 3.71%. <br />• Other Miscellaneous Revenue <br />Figure 6.9: Franchise Fee/ ax Revenue by <br />FY <br />$9,800 <br />$9,600 <br />$9,400 <br />$9,200 <br />$9,000 <br />$8,800 <br />$8,600 <br />$8,400 <br />$8,200 <br />$8,000 <br />1 <br />6701 <br />$9.255 <br />59,311 <br />$8 731 <br />$8,819 <br />■ <br />m NI I • <br />MENU <br />$8,620 <br />■ <br />1 <br />■ <br />08/09 09/10 10/11 11/12 12/13 13/14 <br />■Revenue On thousands) <br />Source: Indian River County Finance Department <br />Included in this category are various administrative fees, licenses and permits, fines, interest income, <br />rental income, private contributions, and other miscellaneous revenues. This source of revenue for <br />Indian River County represented 3.56% of all funds collected in FY 2013/14. <br />• Borrowing <br />As needed, the county uses borrowing as a financing vehicle to raise money for public purposes that <br />are beyond the realm of current cash reserves, operating revenue and reasonable taxation. Currently, <br />borrowing money to pay for capital improvements can be done through either short-term or long-term <br />Community Development Department Indian River County <br />Adopted 'Dec . I , 2015, Ordinance 2015- 0 17 11 <br />