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Comprehensive Plan Capital Improvements Element <br />in April, 1989, and was renewed by voters in November, 2002 and again in November 2016. <br />Generally, the proceeds must be expended to finance, plan, and construct infrastructure; to acquire <br />land for public recreation or conservation or protection of natural resources; or to finance the closure <br />of local government-owned solid waste landfills that are already closed or are required to close by <br />order of the Department of Environmental Protection. <br />Table 6.1 shows that local sales surtax revenue represented 6.86% of all funds collected by <br />Indian River County in FY 2017/18. Figure 6.6 displays the Local Discretionary Sales Surtax <br />revenue received by Indian River County over the last six fiscal years. This local revenue source <br />increased by 36.47% over that period. <br />Distribution of surtax proceeds is based on the specifics of an interlocal agreement or through a <br />formula based on population. In Indian River County, Local Infrastructure Surtax revenue is <br />distributed to county government and municipal governments through a formula based on <br />population. <br />Currently, twenty-five of the sixty-seven Florida counties levy a Local Government Infrastructure <br />Surtax. Within Indian River County's region, Martin and St. Lucie counties do not levy the <br />surtax. While Okeechobee County is eligible to levy the infrastructure surtax, it instead levies a <br />Small County Surtax of 1%. That is another local discretionary sales surtax. <br />Tourist Development Tax <br />Any county in the state may, subject to a vote <br />of the citizenry, impose a Tourist Development <br />Tax. The transient rental trade is the primary <br />base for the levy of the tourist tax. Any <br />lodging agreement for six months or less is <br />subject to the tax. <br />Community Development Department <br />Adopted December 3, 2019, Ordinance 2019-020 <br />Figure 6.7: Tourist Development Tax <br />Revenue by FY <br />$3,500 <br />$3,025 <br />$3,000 $2,818 <br />$2,500 $2,287 $2,433 <br />$2,000 $1,743 $1 918 <br />$1,500 <br />$1,000 <br />$500 <br />12/13 13/14 14/15 15/16 16/17 17/18 <br />OR evenue (in thousands) <br />Source: Indian River County Finance Department <br />Indian River County <br />