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Table 6.3 identifies the local fuel taxes levied in Indian River County and in other counties in the <br />region. As shown in Table 6.3, Saint Lucie, Martin, Okeechobee, and Palm Beach counties all levy <br />the highest allowable fuel taxes at $0.12 per gallon. Those four counties impose both the Ninth Cent <br />Fuel Tax and the One to Five Cent Local Option Fuel Tax. While Indian River County is eligible to <br />levy the Ninth -Cent Fuel Tax and the One to Five Cent Local Option Fuel Tax either by <br />extraordinary vote of the Board of County Commissioners or by voter approval in a countywide <br />referendum, it does not currently levy either tax. At this time, fifty-three of the sixty-seven Florida <br />counties levy the Ninth -Cent Fuel Tax, while thirty-one of the sixty-seven Florida counties impose <br />at least a portion of the One to Five Cent Local Option Fuel Tax. <br />Table 6.3: Local Fuel Tax Rates <br />County <br />One to Six Cent Local <br />Option Fuel Tax <br />One to Five Cent <br />Local Option Fuel Tax <br />Ninth Cent Fuel <br />Tax <br />Total Local Fuel <br />Tax <br />Brevard <br />$0.06 <br />-------- <br />-----=-- <br />$0.06 <br />Indian River <br />$0.06 <br />-------- <br />-------- <br />$0.06 <br />Martin <br />$0.06 <br />$0.05 <br />$0.01 <br />$0.12 <br />Okeechobee <br />$0.06 <br />$0.05 <br />$0.01 <br />$0.12 <br />Palm Beach <br />$0.06 <br />$0.05 <br />$0.01 <br />$0.12 <br />St. Lucie <br />$0.06 <br />$0.05 <br />$0.01 <br />$0.12 <br />Source: The Florida Legislature's Office of Economic and Demographic Research website: AetebeF2416November 2017. <br />Franchise Fee/Tax <br />Counties and municipalities may exercise their <br />home rule authority to impose a fee upon a <br />utility for the grant of a franchise and the <br />privilege of the utility using the local <br />government's rights-of-way to conduct the <br />utility's business. Franchise fees are typically <br />levied through a franchise agreement negotiated <br />between the local government and the utility <br />provider. Indian River County receives <br />franchise revenue from electric, water, sewer, <br />garbage, and cable television franchises. <br />Table 6.1 shows that franchise fee revenue <br />represented 43.90% of all funds collected by <br />Indian River County in FY 28P4442015/16. <br />Community Development Department <br />Adopted , Ordinance 2017-_ <br />Figure 6.9: Franchise Fee/Tax Revenue <br />by FY <br />$9,400 <br />$9,200 <br />$9,000 <br />$8,800 <br />$8,600 <br />$8,400 <br />iiiion <br />i <br />$8,200 <br />10/11 11/12 12/13 13/14 14/15 15/16 <br />■ Revenue (in thousands) <br />Source: Indian River County Finance <br />P257 <br />Indian River County <br />10 <br />Indian River County <br />10 <br />