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Comprehensive Plan Capital Improvements Element
<br />Table 6.7: Overall Genera! Revenue Projection Summary'
<br />`
<br />2015/1b
<br />2016%1'1-
<br />''20 118
<br />2018/19
<br />2019/20,
<br />FY .
<br />Charges for
<br />$66,533,702
<br />$68,197,000
<br />$69,902,000
<br />$71,650,000
<br />$73,441,000
<br />$349,723,702
<br />Services
<br />Judgements,
<br />Fines &
<br />$438,350
<br />$449,000
<br />$460,000
<br />$472,000
<br />$484,000
<br />$2,303,350
<br />Forfeitures
<br />Interest & Misc.
<br />$6,322,524
<br />$6,481,000
<br />$6,643,000
<br />$6,809,000
<br />$6,979,000
<br />$33,234,524
<br />Other Sources
<br />95,392,764
<br />70,989,317
<br />62,362,653
<br />60,186,859
<br />64,122,262
<br />$353,053,854
<br />TOTAL
<br />325,451,058
<br />306,799,317
<br />304,067,653
<br />307,934,859
<br />306,299,012
<br />$1,550,551,898
<br />Source: Indian River County Ott -ice of Management and nudget.
<br />' This reduction is associated with the scheduled expiration of the voter approved one cent optional sales tax.
<br />• Earmarked Projected Revenues
<br />Earmarked revenues are revenues that are restricted in terms of use. Such revenues may be found in
<br />the Transportation Element, Sanitary Sewer Sub -Element, Potable Water Sub -Element, and Solid
<br />Waste Sub -Element.
<br />Table 6.8 provides a summary of earmarked revenue forecasts by applicable comprehensive plan
<br />element for fiscal years 2015/16 through 2019/20. As shown in table 6.8, forecasted transportation
<br />revenues are broken down by their sources. Earmarked forecasted transportation revenues are
<br />expected to decrease by 41.81% over the next five fiscal years, from $22,395,000 in FY 2015/16 to
<br />$13,031,750 in FY 2019/20. This reduction is associated with the scheduled expiration of the voter
<br />approved one cent optional sales tax in FY 2019/20.
<br />For potable water and sanitary sewer, earmarked revenue is expected to increase by 10.3 8% over the
<br />next five fiscal years, from $31,155,667 in FY 2015/16 to $34,390,000 in FY 2019/20. Over the next
<br />five years, earmarked revenue for solid waste is expected to increase by 10.39% from $13,137,435 in
<br />FY 2015/16 to $14,502,000 in FY 2019/20.
<br />Community Development Department Indian River County
<br />Adopted 'p e -- • i , 2015, Ordinance 2015- o 11 30
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