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Comprehensive Plan Capital Improvements Element <br />• County Revenue Sharing <br />The current structure of the county revenue sharing <br />program consists of two revenue sources. Those <br />sources include 2.90% of net cigarette tax <br />collections and 2.0603% of sales and use tax <br />collections. Proceeds are collected by the state and <br />then distributed to eligible counties based on an <br />allocation formula. There are no use restrictions <br />on the distributed revenue; however, there are <br />some statutory limitations regarding those funds <br />being used as a pledge for indebtedness. <br />To receive distribution proceeds through the <br />county revenue sharing program, counties must <br />meet the following criteria: <br />(1) Law enforcement officers and firefighters <br />are certified and meet state requirements; <br />Figure 6.11: County Revenue Sharing <br />by FY <br />$4,000 - - --- - <br />$3,500 $3,333 $3,431 j <br />$3,082 <br />$3,000$2,660 $2,751 $2,894 <br />$2,500 <br />$2,000 <br />$1,500 <br />$1,000 <br />$500 <br />10/11 11/12 12/13 13/14 14/15 15/16 <br />■ Revenue (in thousands) <br />Source: I nd ian River Cou my Finance Deparment <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 <br />Financial Services, and post audits of <br />those statements and accounts must have <br />been provided. <br />Table 6.1 shows that county revenue sharing <br />funds represented 1.44% of all funds collected by <br />Indian River County in FY 2015/16. Figure 6.11 <br />shows that, between Fiscal Year 2010/11 and <br />2015/16, Indian River County's revenue sharing <br />gradually increased. <br />• Constitutional Fuel Tax <br />The constitutional fuel tax is defined as an excise <br />or license tax of two cents per gallon of motor <br />FIGURE 6.12: Constitutional Fuel Tax <br />Revenue by FY <br />$1,800 <br />$1,76 <br />$1,750 <br />$1,700 $1,67 <br />$1,650 $1,628 <br />$1,600 $1,59 $1,59 <br />$1,573 � <br />$1,550 <br />$1,500 <br />$1,450 <br />10/11 11/12 12/13 13/14 14/15 15/16 <br />■ Revenue (in thousands) <br />Source: Indian River County Finance Department <br />Community Development Department Indian River County <br />Adopted December 5, 2017, Ordinance 2017-015 14 <br />