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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 2018/19 through 2022/23. 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 6.4% over the next five fiscal years, from $27,460,000 in FY 2018/19 to
<br />$29,334,387 in FY 2022/23.
<br />For potable water and sanitary sewer, earmarked revenue is expected to increase by 9.41 % over the
<br />next five fiscal years, from $34,783,944 in FY 2018/19 to $38,395,000 in FY2022/23. Over the next
<br />five years, earmarked revenue for solid waste is expected to increase by 9.41% from $15,881,205 in
<br />FY 2018/19 to $17,102,000 in FY2022/23.
<br />Table 6.8: Earmarked Projected Revenue by Comprehensive Plan Element
<br />Transportation
<br />Potable
<br />Local
<br />l cent
<br />Fiscal
<br />Water &
<br />Solid Waste
<br />Year
<br />Option Gas
<br />Constitutional
<br />County
<br />Traffic
<br />optional
<br />Interest on
<br />Total
<br />Sanitary
<br />Tax*
<br />Gas Tax
<br />Gas Tax
<br />Impact Fee
<br />P,
<br />sales tax
<br />Gas Tax
<br />Sewer
<br />2018/19
<br />$3,700,000
<br />$1,825,000
<br />$800,000
<br />$2,815,000
<br />$18,250,000
<br />$70,000
<br />$27,460,000
<br />$34,783,944
<br />$15,881,205
<br />2019/20
<br />$3,737,000
<br />$1,843,000
<br />$808,000
<br />$2,843,000
<br />$18,615,000
<br />$70,000
<br />$27,916,000
<br />$35,654,000
<br />$16,278,000
<br />2020/21
<br />$3,774,000
<br />$1,861,000
<br />$816,000
<br />$2,871,000
<br />$18,987,300
<br />$70,000
<br />$28,379,300
<br />$36,545,000
<br />$16,685,000
<br />2021/22
<br />$3,812,000
<br />$1,880,000
<br />$824,000
<br />$2,900,000
<br />$19,367,046
<br />$70,000
<br />$28,853,046
<br />$37,459,000
<br />$17,102,000
<br />2022/23
<br />$3,850,000
<br />$1,899,000
<br />1 $832,000
<br />$2,929,000
<br />$19,754,387
<br />$70,000
<br />$29,334,387
<br />$38,395,000
<br />$17,530,000
<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 />2022/23. 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 4, 2018, Ordinance 2018-025 30
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