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Existing Conditions <br />Financial Resources <br />One of the chief functions of the Capital Improvements Element is to inventory the major sources of <br />revenue available to the county. Those revenue sources determine the county's capability to fund <br />needed capital improvements. Table 6.1 lists the county's local, state, and federal revenue sources <br />and indicates the amount of revenue collected from each source during FY 2014/15. Table 6.1 also <br />shows the percentage distribution of total revenue received by Indian River County for each of the <br />revenue sources. <br />Community Development Department Indian River County <br />Adopted , 2016, Ordinance 2016- 2 <br />Table 6.1: Indian River County Revenue Sources (FY 2014/15) <br />Federal Sources <br />State Sources <br />Local Sources <br />Amount <br />($1,000) <br />% of Total <br />Revenue <br />Amount <br />($1,000) <br />% of Total <br />Revenue <br />Amount <br />($1,000) <br />% of Total <br />Revenue <br />Various <br />Grants <br />$6,434 <br />2.91% <br />Local Government <br />Half -Cent Sales <br />Tax <br />$8,685 <br />3.93% <br />Ad Valorem Taxes <br />$76,634 <br />34.72% <br />Total <br />Federal <br />$6,434 <br />2.91% <br />County Revenue <br />Sharing <br />$3,333 <br />1.51% <br />Enterprise Funds <br />$47,739 <br />21.63% <br />Constitutional Fuel <br />$1,674 <br />0.76% <br />User Fees and <br />$18,558 <br />8.41% <br />Tax <br />Charges <br />$738 <br />0.33% <br />$728 <br />0.33% <br />County Fuel Tax <br />Special Assessments <br />Alcoholic Beverage <br />License Tax <br />$61 <br />0.03% <br />Impact Fees <br />$5,281 <br />2.39% <br />Distribution of <br />$447 <br />0.20% <br />$16,190 <br />7.33% <br />Sales and Use <br />Local Discretionary <br />Taxes to Counties <br />Sales Surtax <br />Mobile Home <br />$113 <br />0.05% <br />Tourist Development <br />$2,267 <br />1.03% <br />License Tax <br />Tax <br />Various Grants <br />$10,464 <br />4.74% <br />Local Option Fuel <br />$3,508 <br />1.59% <br />Tax <br />Total state <br />$25,515 <br />11.56% <br />Franchise Tax <br />$9,181 <br />4.16% <br />$1,655 <br />0.75% <br />Interest Income <br />$7,050 <br />3.19% <br />Other <br />$188,791 <br />85.53% <br />Total Local <br />$220,740 <br />100.00% <br />Total All Sources <br />Community Development Department Indian River County <br />Adopted , 2016, Ordinance 2016- 2 <br />