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010
<br />REVENUE
<br />DESCRIPTION
<br />Revenue Manual
<br />MSTU Fund
<br />Franchise Fee (Water/Sewer)
<br />Fee -in -Lieu of Franchise Fee
<br />Fund 004
<br />Revenues generated from franchise rights granted to Indian River County and City of
<br />Vero Beach Utilities to utilize county roads, streets, rights of way and other public
<br />places to supply water and other sewer related services.
<br />LEGAL AUTHORIZATION Home Rule Authority
<br />FOR COLLECTION: County Code 201.02.1 (a&b)
<br />City of Vero Beach franchise agreement effective 1987 for 30 years
<br />RATE: 6% of gross receipts
<br />SOURCE: Indian River County and City of Vero Beach Utilities customers of Indian
<br />River County within the Unincorporated Area.
<br />AUTHORIZED USE: All MSTU Fund expenditures.
<br />METHOD OF PAYMENT: Paid by Indian River County and City of Vero Beach Utilities customers through their
<br />$1,700,000
<br />$1,600,000
<br />$1,500,000
<br />$1,400,000
<br />$1,300,000
<br />$1,200,000
<br />$1,100,000
<br />$1,000,000
<br />Historical Revenues
<br />$1,591,733 $1,567,662 $1,573,516 $1,588,468
<br />rA 2009/10 U, 2010/11 a 2011/12 0 2012/13 ■ 2013/14
<br />15
<br />monthly bill. Indian River County and City of Vero Beach Utilities remit funds to the
<br />County.
<br />FREQUENCY OF
<br />COLLECTION:
<br />Monthly
<br />APPROXIMATE
<br />$1,575,000
<br />ANNUAL REVENUE:
<br />$1,700,000
<br />$1,600,000
<br />$1,500,000
<br />$1,400,000
<br />$1,300,000
<br />$1,200,000
<br />$1,100,000
<br />$1,000,000
<br />Historical Revenues
<br />$1,591,733 $1,567,662 $1,573,516 $1,588,468
<br />rA 2009/10 U, 2010/11 a 2011/12 0 2012/13 ■ 2013/14
<br />15
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