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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 2017/18 through 2021/22. 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 6% over the next five fiscal years, from $26,110,000 in FY 2017/18 to
<br /> $27,770,590 in FY 2021/22.
<br /> For potable water and sanitary sewer, earmarked revenue is expected to increase by 9.41%over the
<br /> next five fiscal years,from$32,838,616 in FY 2017/18 to$36,249,000 in FY 2021/22. Over the next
<br /> five years,earmarked revenue for solid waste is expected to increase by 9.40% from$14,048,177 in
<br /> FY 2017/18 to $15,506,000 in FY 2021/22.
<br /> Table 6.8:Earmarked Projected Revenue by Comprehensive Plan Element
<br /> Transportation Potable
<br /> Fiscal Local 1 cent Water& Solid Waste
<br /> Year Constitutional County Traffic Interest on Sanitary
<br /> OptionGas Gas Tax Gas Tax Impact Fee optional Gas Tax Total Sewer
<br /> Tax* sales tax
<br /> 2017/18 $3,600,000 $1,800,000 $785,000 $2,775,000 $17,100,000 $50,000 $26,110,000 $32,838,616 $14,048,177
<br /> 2018/19 $3,636,000 $1,818,000 $793,000 $2,775,000 $17,442,000 $50,000 $26,514,000 $33,660,000 $14,399,000
<br /> 2019/20 $3,672,000 $1,836,000 $801,000 $2,775,000 $17,790,840 $50,000 $26,924,840 $34,502,000 $14,759,000
<br /> 2020/21 $3,709,000 $1,854,000 $809,000 $2,775,000 $18,146,657 $50,000 $27,343,657 $35,365,000 $15,128,000
<br /> 2021/22 $3,746,000 $1,873,000 $817,000 $2,775,000 $18,509,590 $50,000 $27,770,590 $36,249,000 $15,506,000
<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 /> 2021/22. 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 December 5,2017,Ordinance 2017-015 29
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