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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
<br />Potable
<br />Local
<br />I cent
<br />Fiscal
<br />Water&
<br />Solid Waste
<br />Year
<br />as
<br />Constitutional
<br />County
<br />Traffic
<br />optional
<br />Interest on
<br />TOS
<br />Sanitary
<br />Gas
<br />Ta,*
<br />Gas Tax
<br />Tax
<br />Impact Fee
<br />sales tax
<br />Gas Tax
<br />Sewer
<br />2017/18
<br />$3,600,000
<br />$1,800,000
<br />$785,000
<br />$2,775,000
<br />$17,100,000
<br />$50,000
<br />$26,110,000
<br />$32,838,616
<br />$14,048,177
<br />2018/19
<br />$3,636,000
<br />$1,818,000
<br />$793,000
<br />$2,775,000
<br />$17,442,000
<br />$50,000
<br />$26,514,000
<br />$33,660,000
<br />$14,399,000
<br />2019/20
<br />$3,672,000
<br />$1,836,000
<br />$801,000
<br />$2,775,000
<br />$17,790,840
<br />$50,000
<br />$26,924,840
<br />$34,502,000
<br />$14,759,000
<br />2020/21
<br />$3,709,000
<br />$1,854,000
<br />$809,000
<br />$2,775,000
<br />$18,146,657
<br />$50,000
<br />$27,343,657
<br />$35,365,000
<br />$15,128,000
<br />2021/22
<br />$3,746,000
<br />$1,873,000
<br />$817,000
<br />$2,775,000
<br />$18,509,590
<br />$50,000
<br />$27,770,590
<br />$36,249,000
<br />$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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