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Last modified
2/18/2025 3:49:48 PM
Creation date
12/7/2018 11:36:20 AM
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Ordinances
Ordinance Number
2018-025
Adopted Date
12/07/2018
Agenda Item Number
10.A.1.
Ordinance Type
Comprehensive Plan Amendment
State Filed Date
12\07\2018
Entity Name
Capital Improvements Program (CIP)
Subject
5 Year CIP Schedule
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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-four 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: November 2018. <br />Franchise Fee/Tax <br />Counties and municipalities may exercise their home rule authority to impose a fee upon a utility for <br />the grant of a franchise and the privilege of the <br />utility using the local government's rights-of- <br />way to conduct the utility's business. <br />Franchise fees are typically levied through a <br />franchise agreement negotiated between the <br />local government and the utility provider. <br />Indian River County receives franchise revenue <br />from electric, water, sewer, garbage, and cable <br />television franchises. <br />Table 6.1 shows that franchise fee revenue <br />represented 3.77% of all funds collected by <br />Indian River County in FY 2016/17. Figure <br />6.9 shows that since FY 2011/12 franchise fee <br />revenue collected by Indian River County <br />increased 5.92% and for the most recent four <br />years fluctuated. <br />Community Development Department <br />Adopted December 4, 2018, Ordinance 2018-025 <br />$8,600 <br />$8,400 <br />$8,200 <br />11/12 12/13 13/14 14/15 15/16 16/17 <br />Source: Indian River County Finance <br />o Revenue (in thousands) <br />Indian River County <br />10 <br />.00001 <br />UNUMUNLIEL11 <br />NEI <br />11/12 12/13 13/14 14/15 15/16 16/17 <br />Source: Indian River County Finance <br />o Revenue (in thousands) <br />Indian River County <br />10 <br />
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