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Comprehensive Plan Capital Improvements Element
<br /> Table 6.1 shows that funds received through the mobile home license tax represented 0.05% of all
<br /> revenue received by Indian River County in FY 2015/16. Figure 6.15 shows that, mobile home
<br /> license tax revenue received by Indian River County fluctuated between FY 2010/11 and FY
<br /> 2015/16.
<br /> • Various Grants
<br /> Table 6.1 shows that funds received in the form of state grants represented 4.49% of funds
<br /> received by the county in FY 2015/16. Those state grant funds received by the county originated
<br /> from the Division of Emergency Management, the Florida Housing Finance Corporation, the
<br /> Florida Department of State, the Florida Department of Environmental Protection, the Florida
<br /> Department of Transportation, the Florida Department of Revenue, and the Florida Department of
<br /> Health.
<br /> Federal Sources
<br /> Federal funds are either granted directly to local governments or passed through state agencies for
<br /> administration and monitoring. Those grants are usually distributed on a competitive basis rather
<br /> than by formula allocations,thereby making forecasts of future revenues difficult.For the purpose of
<br /> revenue forecasts, those sources will be assumed to remain constant.
<br /> During FY 2015/16, the county received approximately$10,679,000 in federal funds. Those funds
<br /> represented 4.49% of all funds received by Indian River County in FY 2015/16.
<br /> Overall Revenue Sources
<br /> As mandated by state statute, the financial resources of the county are categorized according to the
<br /> state Chart of Accounts. The categories in the state Chart of Accounts are taxes,licenses and permits,
<br /> intergovernmental revenue,charges for services, fines and forfeitures, and miscellaneous revenues.
<br /> Table 6.4 identifies the total amount of historic revenue generated from those sources for fiscal years
<br /> 2010/11 through 2015/16.
<br /> Table 6.4: Indian River County General Revenues By Source
<br /> Licenses& Intergovernmental Charges for Fines& Miscellaneous
<br /> Fiscal Year Totals
<br /> Taxes Permits Revenue Services Forfeitures Revenues
<br /> 2010/2011 $94,718,550 $11,189,393 $30,539,947 $57,408,464 $936,995 $6,243,099 $201,036,448
<br /> 2011/2012 $90,472,569 $11,486,235 $29,832,306 $57,664,910 $739,275 $6,549,861 $196,745,156
<br /> 2012/2013 $88,005,422 $12,769,844 $30,800,036 $59,536,566 $778,575 $4,934,481 $196,824,924
<br /> 2013/2014 $94,585,345 $14,321,389 $30,873,889 $63,414,219 $1,004,374 $4,141,341 $208,340,557
<br /> 2014/2015 $100,182,672 $18,471,625 $33,624,651 $62,987,961 $924,860 $4,548,434 $220,740,203
<br /> 2015/2016 $109,101,602 $19,872,044 $33,535,027 $62,868,855 $1,708,273 $10,591,490 $237,677,291
<br /> Source:Indian River County Comprehensive Annual Financial Report,2015-16&Indian River County Finance Department
<br /> Figure 6.16 displays the distribution of revenue by the same categories listed in table 6.4 for each of
<br /> the last six fiscal years.
<br /> Community Development Department Indian River County
<br /> Adopted December 5,2017,Ordinance 2017-015 17
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