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For illustrative purposes, the effect of the preceding proposed rates on a home with an assessed <br />value of $200,000 and a homestead exemption of $50,000 is shown on the following table. <br />Table 6 <br />Typical House Comparison — Proposed vs. Current <br />Proposed Millage Compared to Current <br />2013/2014 <br />Adopted <br />Millage <br />2014/2015 <br />Proposed <br />Millage <br />Increase <br />(Decrease) <br />Increase <br />(Decrease) <br />Taxable Value <br />$150,000 <br />$150,000 <br />General Fund <br />$489.30 <br />$496.76 <br />$7.46 <br />1.52% <br />Land Acquisition 2004 <br />$56.82 <br />$55.41 <br />($1.41) <br />(2.48)% <br />Subtotal — Indian River Shores <br />$546.12 <br />$552.17 <br />$6.05 <br />1.11% <br />Emergency Services District <br />$296.99 <br />$296.99 <br />$0.00 <br />0.00% <br />Subtotal -All Other Incorporated Areas <br />$843.11 <br />$849.16 <br />$6.05 <br />0.72% <br />M.S.T.U. <br />$161.00 <br />$161.00 <br />$0.00 <br />0.00% <br />Total — Unincorporated Area <br />$1,004.11 <br />$1,010.16 <br />$6.05 <br />0.60% <br />General Fund <br />The proposed General Fund budget is $72,582,258, an increase of $599,578 or 0.8%. Specific <br />departmental, Constitutional, and agency budget summaries are contained in the exhibits following <br />this message (pages 29 and 30). Some of the major factors impacting the General Fund budget <br />are presented below: <br />• Constitutional Officers increases - $3,076,951 requested, $1,049,915 recommended <br />• Ad valorem taxroll increase — 4.5%, $1.8 million additional revenue <br />• State Mandates/Constitutional Officers - Make up about 74.2% of total budget <br />• Millage rate — 3.3117, 1.5% increase <br />• Fund balance - $900,000 used in current year, none proposed for FY 14/15 <br />• Franchise fee elimination - $195,000 revenue loss (effective 10/1/14) <br />• Interest earnings —down $58,000 or 33,1% <br />51- <br />