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02/10/2015 (2)
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02/10/2015 (2)
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Last modified
7/2/2018 11:51:53 AM
Creation date
3/23/2016 9:13:09 AM
Metadata
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Meetings
Meeting Type
BCC Regular Meeting
Document Type
Added Agenda Item
Meeting Date
02/10/2015
Meeting Body
Board of County Commissioners
Book and Page
157
Subject
Custodial Svcs County Bldg
Agenda Packet B
Supplemental fields
FilePath
H:\Indian River\Network Files\SL00000J\S0005FC.tif
SmeadsoftID
14620
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4� <br />R <br />Communications Service Tax <br />Fund 004 <br />Revenue Manual <br />MSTU Fund <br />REVENUE The Florida communications services tax includes both a state tax and a gross receipts <br />DESCRIPTION: tax. Communications services, except direct -to -home satellite service, are subject to <br />the state tax of 6.65% and the gross receipts tax of 2.52%. Direct -to -home satellite <br />service is subject to the state tax of 10.8 % and the gross receipts tax of 2.37% The <br />Communications Service Tax encompasses voice, data, audio, video or any other <br />information or signals, including cable services that are transmitted by any medium. <br />Indian River also levies a local communications services tax of 1.84%. <br />LEGAL AUTHORIZATION Florida Statute Sections 202.12(1)(a,b), 203.01(b) 202.19(2)(b,c) <br />FOR COLLECTION: County Ordinance 2001-019 <br />SOURCE: Florida consumers of communications services which originate and <br />terminate in the state, or originate or terminate in the state and are <br />billed to an address within the state. <br />AUTHORIZED USE: All MSTU Fund expenditures. <br />METHOD OF PAYMENT: Consumers pay the tax to the dealers who submit payment to the Florida Dept. of <br />Revenue (DOR). The DOR administers the tax proceeds to the County based on the <br />same formula used for the state revenue sharing. The local service tax portion is <br />based on the actual collection amounts <br />FREQUENCY OF <br />COLLECTION: State remits payment to the County on a monthly basis. <br />APPROXIMATE <br />ALREVENUE <br />Changes in communication service consumption along with service which are <br />"bundled" do not pay this tax. Therefore, the Communications Service Tax is on the <br />decrease. $1,250,000 <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 />51,360,000 $1,382,865 <br />2009/10 2010/11 M 2011/12 m 2012/13 iv 2013/14 <br />17 <br />Z fJ• 2.1 <br />
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