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Comprehensive Plan Capital Improvements Element
<br />Earmarked Projected Revenues
<br />Earmarked revenues are revenues that are restricted in terms of use. Such revenues may be found in
<br />the Transportation Element, Sanitary Sewer Sub -Element, Potable Water Sub -Element, and Solid
<br />Waste Sub -Element.
<br />Table 6.8 provides a summary of earmarked revenue forecasts by applicable comprehensive plan
<br />element for fiscal years 2016/17 through 2020/21. As shown in table 6.8, forecasted transportation
<br />revenues are broken down by their sources. Earmarked forecasted transportation revenues are
<br />expected to increase by 9.91% over the next five fiscal years, from $23,855,000 in FY 2016/17 to
<br />$26,218,000 in FY 2020/21.
<br />For potable water and sanitary sewer, earmarked revenue is expected to increase by 10.39% over the
<br />next five fiscal years, from $32,495,167 in FY 2016/17 to $35,870,000 in FY 2020/21. Over the next
<br />five years, earmarked revenue for solid waste is expected to increase by 10.39% from $13,141,095 in
<br />FY 2016/17 to $14,506,000 in FY 2020/21.
<br />Table 6.8: Earmarked Projected Revenue by Comprehensive Plan Element
<br />Transportation
<br />Potable
<br />Local
<br />1 cent
<br />Fiscal
<br />Water &
<br />Solid Waste
<br />Year
<br />Option Gas
<br />Constitutional
<br />County
<br />Traffic
<br />optional
<br />Interest on
<br />TORI
<br />Sanitary
<br />Tax
<br />Gas Tax
<br />Gas Tax
<br />Impact Fee
<br />sales tax
<br />Gas Tax
<br />Sewer
<br />2016/17
<br />$3,550,000
<br />$1,620,000
<br />$760,000
<br />$2,575,000
<br />$15,300,000
<br />$50,000
<br />$23,855,000
<br />$32,495,167
<br />$13,141,095
<br />2017/18
<br />$3,586,000
<br />$1,636,000
<br />$768,000
<br />$2,750,000
<br />$16,500,000
<br />$50,000
<br />$25,290,000
<br />$33,308,000
<br />$13,470,000
<br />2018/19
<br />$3,622,000
<br />$1,652,000
<br />$776,000
<br />$3,000,000
<br />$16,995,000
<br />$50,000
<br />$26,095,000
<br />$34,141,000
<br />$13,807,000
<br />2019/20
<br />$3,658,000
<br />$1,669,000
<br />$784,000
<br />$3,000,000
<br />$16,995,000
<br />$50,000
<br />$26,156,000
<br />$34,995,000
<br />$14,152,000
<br />2020/21
<br />$3,695,000
<br />$1,686,000
<br />$792,000
<br />$3,000,000
<br />$16,995,000
<br />$50,000
<br />$26,218,000
<br />$35,870,000
<br />$14,506,000
<br />Source: Indian River County Office of Management and Budget.
<br />• Tax Base, Assessment Ratio, Millage Rate
<br />Table 6.9 summarizes the county's tax base forecasts which are categorized by fund through FY
<br />2020/21. Overall, the countywide ad valorem tax base is the same as the general fund category
<br />identified in table 6.9.
<br />Community Development Department Indian River County
<br />Adopted , 2016, Ordinance 2016- 29
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