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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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Constitutional Gas Tax <br />Fund 111 <br />REVENUE State tax of 2 cents per gallon on motor fuel. <br />DESCRIPTION: <br />Revenue Manual <br />Transportation Fund <br />LEGAL AUTHORIZATION Florida Statute 206.41(1)(a), 206.45, 206.47, 336.023, and 336.024 <br />FOR COLLECTION: <br />SPECIAL All Counties are eligible to receive proceeds. <br />REQUIREMENTS: <br />SOURCE: Motor Fuel purchases. <br />AUTHORIZED USE: The first call on the tax proceeds is to meet the debt service' <br />requirements, if any, on local bond issues backed by the tax proceed. The <br />remaining balance is used for the acquisition, construction, and maintenance of <br />roads. <br />METHOD OF PAYMENT: The tax is paid into the state treasury by the Department of Revenue (DOR) and is <br />then transferred to the State Board of Administration (SBA). The SBA calculates a <br />monthly allocation based on statutes and credits each County's account. <br />FREQUENCY OF Taxes are received monthly. <br />COLLECTION: <br />APPROXIMATE $1,595,000 <br />ANNUAL REVENUE: <br />$1,700,000 <br />$1,600,000 <br />i $1,500,000 <br />$1,400,000 <br />$1,300,000 <br />$1,200,000 <br />Historical Revenues <br />^, ,^' <br />61 $1,628,183 <br />2009/10 k 2010/11 ■ 2011/12 0 2012/13 0 2013/14 <br />22 <br />zsyz� <br />
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