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Comprehensive Plan Capital Improvements Element <br /> • County Revenue Sharing <br /> The current structure of the county revenue sharing Figure 6.11: County Revenue Sharing <br /> program consists of two revenue sources. Those by FY <br /> sources include 2.90% of net cigarette tax $4,000 -collections and 2.0603% of sales and use tax $3,500 I $3,33311 <br /> $3,431 j <br /> collections. Proceeds are collected bythe state and $2,894 $3,osz� <br /> $3,000 1 $2,660 $2,751 <br /> then distributed to eligible counties based on an $2,500 I <br /> allocation formula. There are no use restrictions $2,000 <br /> on the distributed revenue; however, there are MENEM <br /> some statutory limitations regarding those funds $1,500 . ■ ■ ■ ■ , <br /> being used as a pledge for indebtedness. $1,000 ■ ■ ■ ■ ■ <br /> $500 EMMEN ' <br /> To receive distribution proceeds through the $- <br /> county revenue sharing program, counties must 10/11 11/12 12/13 13/14 14/15 15/16 <br /> meet the following criteria: •Revenue(in thousands) <br /> Source: Indian River County Finance Deparment <br /> (1) Law enforcement officers and firefighters <br /> are certified and meet state requirements; <br /> (2) Certification of taxable value for a property tax levy is made in a timely and correct manner to <br /> the Department of Revenue; <br /> (3) The county's most recent financial reports <br /> must have been sent to the Department of FIGURE 6.12: Constitutional Fuel Tax <br /> Financial Services, and post audits of Revenue by FY <br /> $1,800 - $1,76• <br /> those statements and accounts must have <br /> been provided. $1,750 <br /> $1,700 $1,674 <br /> Table 6.1 shows that county revenue sharing $1,650 $1,628 <br /> funds represented 1.44%of all funds collected by $1,59 $1,59 <br /> Indian River County in FY 2015/16. Figure 6.11 $1'600 • • <br /> shows that, between Fiscal Year 2010/11 and $1,550 <br /> 2015/16, Indian River County's revenue sharing $1,500 ■ ■ • • • <br /> gradually increased. <br /> $1,450 <br /> 10/11 11/12 12/13 13/14 14/15 15/16 <br /> • Constitutional Fuel Tax <br /> •Revenue(in thousands) <br /> The constitutional fuel tax is defined as an excise Source: Indian River County Finance Department <br /> or license tax of two cents per gallon of motor <br /> Community Development Department Indian River County <br /> Adopted December 5,2017,Ordinance 2017-015 14 <br />