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Existing Conditions <br />Financial Resources <br />One of the chief functions of the Capital Improvements Element is to inventory the major sources of <br />revenue available to the county. Those revenue sources determine the county's capability to fund <br />needed capital improvements. Table 6.1 lists the county's local, state, and federal revenue sources <br />and indicates the amount of revenue collected from each source during FY 2013/14. Table 6.1 also <br />shows the percentage distribution of total revenue received by Indian River County for each of the <br />revenue sources. <br />Table 6.1: Indian River County Revenue Sources (FY 2013/14) <br />Federal Sources <br />State Sources <br />Local Sources <br />Amount <br />($1,000) <br />% of Total <br />Revenue <br />Amount <br />($1,000) <br />% of Total <br />Revenue <br />Amount <br />($1,000) <br />% of Total <br />Revenue <br />Various <br />Grants <br />$8,944 <br />4.29% <br />Local Government <br />Half -Cent Sales Tax <br />$8,220 <br />3.95% <br />Ad Valorem Taxes <br />$72,716 <br />34.90% <br />Total <br />Federal <br />$8,944 <br />4.29% <br />County Revenue <br />Sharing <br />$3,082 <br />1.48% <br />Enterprise Funds <br />$45,337 <br />21.76% <br />Constitutional Fuel <br />Tax <br />$1,628 <br />0.78% <br />User Fees and <br />Charges <br />$18,077 <br />8.68% <br />County Fuel Tax <br />$706 <br />0.34% <br />Special Assessments <br />$505 <br />0.24% <br />Alcoholic Beverage <br />License Tax <br />$61 <br />0.03% <br />Impact Fees <br />$4,218 <br />2.02% <br />Distribution of <br />Sales and Use <br />Taxes to Counties <br />$447 <br />0.21% <br />Local Discretionary <br />Sales Surtax <br />$15,228 <br />7.31% <br />Mobile Home <br />License Tax <br />$108 <br />° <br />0.05 /o <br />Tourist Development <br />Tax <br />$1,918 <br />0.92% <br />Various Grants <br />$6,369 <br />3.06% <br />Local Option Fuel <br />Tax <br />$3,133 <br />1.50% <br />Total State <br />$20,621 <br />9.90% <br />Franchise Tax <br />$9,311 <br />4.47% <br />Interest Income <br />$920 <br />0.44% <br />Other <br />$7,413 <br />3.56% <br />Total Local <br />$178,776 <br />85.81% <br />Total All Sources <br />$208,341 <br />100.00% <br />Community Development Department <br />Adopted 'Dec . I , 2015, Ordinance 2015- 01/ <br />Indian River County <br />2 <br />