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12/03/2019
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12/03/2019
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Last modified
2/13/2020 12:00:12 PM
Creation date
2/13/2020 11:05:20 AM
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Meetings
Meeting Type
BCC Regular Meeting
Document Type
Agenda Packet
Meeting Date
12/03/2019
Meeting Body
Board of County Commissioners
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Table 6.1 shows that enterprise fund revenue represented 20.65% of Indian River County's total <br />funds for FY 2017/18. Figure 6.2 displays the enterprise fund revenue collected by Indian River <br />County over the last six fiscal years. During that time period, enterprise fund revenue increased <br />29.05%. <br />• User Fees and Charges <br />User fees and charges represent revenue <br />received by the county for providing various <br />general services. Those fees and charges <br />are necessary because taxes alone cannot <br />totally keep up with the increasing costs of <br />services. This category includes fees <br />collected by the Tax Collector's Office, the <br />Clerk of the Circuit Court, the Property <br />Appraiser's Office, the Sheriff's <br />Department, and the Recreation and Parks <br />Department. This category also includes <br />other miscellaneous user fees charged by the <br />county for general services not financed by <br />other fund sources. In FY 2017/18, user <br />fees and charges represented 6.28% of all <br />funds collected by Indian River County. <br />Figure 6.3: User Fees and Charges by FY <br />$19,000 $18,558 <br />$18,500 $18,077 <br />$18,000 <br />$17,500 $17,133 <br />$17,000 <br />$16,500 $16,007 <br />$16,000 <br />$,3,333 <br />$15,500 <br />$15,000 j <br />$14,500 <br />$14,000 <br />12/13 13/14 14/15 15/16 16/17 17/18 <br />® Revenue (in thousands) <br />Source: Indian River County Finance Department <br />Figure 6.3 displays user fees and charges collected by Indian River County over the last six fiscal <br />years.. During that time period, revenue <br />from user fees and charges varied, but <br />overall increased 7.27%. <br />• -. Special Assessments <br />Special assessments are compulsory <br />payments levied on real property for specific <br />benefits generated by public investments or <br />services. By law, the assessment levied must <br />fairly reflect the actual costs of the <br />improvements. County revenues which fall <br />under the general category of special <br />assessments consist of street paving <br />assessments, street lighting district <br />assessments, as well as assessments for <br />water, sewer, and drainage improvements. <br />Figure 6.4: Special Assessments <br />Revenue by FY <br />$800 <br />$700 <br />$600 $536 $562 $546 <br />$481 $505 <br />$500 �. 7 <br />$400 <br />$300 <br />i <br />$200 <br />$100 <br />i <br />$- <br />12/13 13/14 14/15 15/16 16/17 17/18 <br />m Revenue (in thousands) <br />Source: Indian River County Finance Department <br />163 <br />
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