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Existing Conditions <br />Financial Resources <br />One of the chief functions of the Capital Improvements Element is to inventory the major sources of <br />revenue available to the county. Those revenue sources determine the county's capability to fund <br />needed capital improvements. Table 6.1 lists the county's local, state, and federal revenue sources <br />and indicates the amount of revenue collected from each source during FY 2015/16. Table 6.1 also <br />shows the percentage distribution of total revenue received by Indian River County for each of the <br />revenue sources. <br />Community Development Department Indian River County <br />Adopted December 5, 2017, Ordinance 2017-015 2 <br />Table 6.1: Indian River County Revenue Sources (FY 2015/16) <br />Federal Sources <br />State Sources <br />Local Sources <br />Amount <br />% of Total <br />Amount <br />% of Total <br />Amount <br />% of Total <br />($1,000) <br />Revenue <br />($1,000) <br />Revenue <br />($1,000) <br />Revenue <br />Various <br />$10,679 <br />4.49% <br />Local Government <br />Half -Cent Sales <br />$9,044 <br />3.81% <br />Ad Valorem Taxes <br />$84,714 <br />35.64% <br />Grants <br />Tax <br />Total <br />$10,679 <br />4.49% <br />County Revenue <br />$3,431 <br />1.44% <br />Enterprise Funds <br />$51,072 <br />21.49% <br />Federal <br />Sharing <br />Constitutional Fuel <br />$1,766 <br />0.74% <br />User Fees and <br />$15,533 <br />o <br />6.54/0 <br />Tax <br />Charges <br />0.33% <br />County Fuel Tax <br />$783 <br />Special Assessments <br />$536 <br />0.23% <br />Alcoholic Beverage <br />g <br />$59 <br />0.02% <br />Impact Fees <br />$6,262 <br />2.63% <br />License Tax <br />Distribution of <br />0.19% <br />Sales and Use <br />$447 <br />Local Discretionary <br />$16,859 <br />7.09% <br />Taxes to Counties <br />Sales Surtax <br />Mobile Home <br />$110 <br />0.05% <br />Tourist Development <br />$2,433 <br />1.02/ <br />License Tax <br />Tax <br />Various Grants <br />$5,609 <br />2.36% <br />Local Option Fuel <br />$3,574 <br />1.50% <br />Tax <br />8.94% <br />Total State <br />$21,249 <br />Franchise Tax <br />$9,274 <br />3.90% <br />Interest Income <br />$2,081 <br />0.88% <br />Other <br />$13,411 <br />5.64% <br />Total Local <br />$205,749 <br />86.57% <br />Total All Sources <br />$237,677 <br />100.00% <br />Community Development Department Indian River County <br />Adopted December 5, 2017, Ordinance 2017-015 2 <br />