Laserfiche WebLink
Comprehensive Plan Capital Improvements Element <br />intent of this tax is to reduce a county's reliance on ad valorem taxes. Funds received from this tax <br />can be used by a county for transportation -related expenses, including the reduction of bond <br />indebtedness incurred for transportation purposes. <br />Table 6.1 shows that funds received through the county fuel tax levy represented 0.30% of all revenue <br />collected by Indian River County in FY 2017/18. Figure 6.13 shows that, over the last six fiscal years, <br />county fuel tax revenue received by Indian River County increased 17.19%. <br />• Alcoholic Beverage License Tax <br />Alcoholic beverage license taxes are levied on manufacturers, distributors, vendors, and sales <br />agencies of alcoholic beverages in Florida. The tax is administered, collected, enforced, and <br />distributed to local governments by the Division of Alcoholic Beverages and Tobacco within the <br />Department of Business and Professional Regulation. <br />Twenty-four percent of the license taxes imposed on the sale of beer, wine and liquor collected within <br />a county is returned to the county Tax Collector. The remaining funds are used to operate the division <br />and contribute to the operation of the Office of the Secretary of Business Regulation. <br />Table 6.1 shows that the county received approximately $69,000 from this tax in FY 2017/18, 0.03% <br />of all revenue received by Indian River County. Figure 6.14 shows that, over the last six fiscal years, <br />alcoholic beverage license tax revenue received by Indian River County fluctuated. <br />• Distribution of Sales and Use Taxes to Counties <br />According to Florida Statutes, a guaranteed <br />entitlement of $29,915,500 is equally <br />distributed among Florida's sixty-seven <br />counties, providing each county's general <br />revenue fund with $446,500. Table 6.1 shows <br />that revenue received from the Distribution of <br />Sales and Use Taxes represented 0.16% of <br />revenues received by Indian River County in <br />FY 2017/18. Uses for this revenue are <br />determined by the Board of County <br />Commissioners. <br />• Mobile Home License Tax <br />An annual license tax is levied on all mobile <br />homes and park trailers, and on all travel <br />Community Development Department <br />Adopted December 3, 2019, Ordinance 2019-020 <br />Rgure 6.15: Mobile Home License Tax <br />Reveripe-hyo <br />FY <br />$114 <br />$112 - <br />$110 <br />$108 <br />$106 <br />$104 <br />$102 <br />$100 <br />$98 <br />12113 13/14 <br />14/15 15/16 16/17 <br />17/18 <br />■Revalue(in <br />mwe Ms) <br />Source: Indian River County Finance Department <br />a]�EJ <br />Indian River County <br />16 <br />Indian River County <br />16 <br />