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Comprehensive Plan Capital Improvements Element <br />In its current form, the constitutional fuel tax is a state -shared revenue source for counties only. <br />Applying a distribution formula, the state allocates proceeds to counties to the extent necessary to <br />comply with all obligations to or for the benefit of <br />anticipation certificates or any refunds secured by <br />any portion of the tax proceeds. After complying <br />with the necessary debt service obligations, the <br />state distributes a county's surplus funds to its <br />governing body. <br />Table 6.1 shows that revenue received from the <br />constitutional fuel tax levy represented 0.76% of <br />total revenue received by Indian River County in <br />FY 2014/15. Figure 6.12 shows that, over the last <br />six fiscal years, constitutional fuel tax revenue <br />received by Indian River County increased by <br />5.95%. <br />0 County Fuel Tax <br />Th fl I' d f 1 +1, <br />holders of bonds, revenue certificates, and tax <br />Figure 6.13: County Fuel Tax by FY <br />$750 - <br />$740 EMB <br />$730 <br />$720 <br />$710 <br />$700 <br />$690 <br />$680 <br />$670 <br />09/10 10/11 11/12 12/13 13/14 14/15 <br />®Revenue (in thousands) <br />Source: I ndian River County Finance Department <br />I <br />Community <br />I <br />I <br /><, <br />e county ue tax is Cute n me ootor uat e <br />rate of one cent per net gallon. The legislative intent of this tax is to reduce a county's reliance on ad <br />valorem taxes Funds received from this tax can <br />be used by a county for transportation -related <br />expenses, including the reduction of bond <br />indebtedness incurred for transportation purposes. <br />Table 6.1 shows that funds received through the <br />county fuel tax levy represented 0.33% of all <br />revenue collected by Indian River County in FY <br />2014/15. Figure 6.13 shows that, over the last six <br />fiscal years, county fuel tax revenue received by <br />Indian River County increased 6.19%. <br />0 Alcoholic Beverage License Tax <br />Alcoholic beverage license taxes are levied on <br />manufacturers, distributors, vendors, and sales <br />Figure 6.14: Alcoholic Beverage License Tax <br />by FY <br />$80 _.__.__--r._T _ ------ <br />$70 $s7 <br />$si $si <br />$60 $56 $53 $57 <br />$50 <br />$40 <br />$30 <br />$20 <br />$10 <br />09/10 10/11 11/12 12/13 13/14 14/15 <br />■ Revenue (in thousands) <br />Source: Indian River County Finance Department <br />agencies of alcoholic beverages in Florida. The <br />tax is administered, collected, enforced, and distributed to local governments by the Division of <br />Alcoholic Beverages and Tobacco within the Department of Business and Professional Regulation. <br />Development Department Indian River County <br />Adopted , 2016, Ordinance 2016- 15 <br />