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Existing Conditions <br />Financial Resources <br />One of the chief functions of the Capital Improvements Element is to inventory the major sources of <br />revenue available to the county. Those revenue sources determine the county's capability to fund <br />needed capital improvements. Table 6.1 lists the county's local, state, and federal revenue sources <br />and indicates the amount of revenue collected from each source during FY i^t�TFY 2017/18. <br />Table 6.1 also shows the percentage distribution of total revenue received by Indian River County <br />for each of the revenue sources. <br />Table 6.1: Indian River County Revenue Sources (FY 2016/17) (FY 2017/181 <br />Federal Sources <br />State Sources <br />Local Sources <br />Amount <br />% of Total <br />Amount <br />% of Total <br />Amount <br />% of Total <br />($1,000) <br />Revenue <br />($1,000) <br />Revenue <br />($1,000) <br />Revenue <br />Various <br />Grants <br />$9,724 <br />$8;939 <br />3.57% <br />3.6894 <br />Local Government <br />Half -Cent Sales <br />Tax <br />9 908 &9;43 <br />3.63% <br />3.99% <br />Ad Valorem Taxes <br />$98,639 <br />$90,192 <br />36.17% <br />2' <br />Total <br />Federal <br />$9,72 <br />$8;939 <br />3.57% <br />X689,; <br />County Revenue <br />Sharing <br />3 797 $3691 <br />1.39% <br />° <br />1.490% <br />Enterprise Funds <br />$56.327 <br />20.65% <br />21.77% <br />Constitutional Fuel <br />Tax <br />$1,853$1,814 <br />0.68% <br />User Fees and <br />Charges <br />17133 <br />:7 <br />6.28% <br />6-Fi�96 <br />818 $893 <br />0.30% <br />JL46 $562 <br />0.20% <br />County Fuel Tax <br />" <br />Special Assessments <br />nn�zoi <br />Alcoholic Beverage <br />License Tax <br />69 $66 <br />0.03% <br />983% <br />Impact Fees <br />J2.145 $3, 94 <br />2.66% <br />233016 <br />Distribution of <br />J447 $447 <br />0.16% <br />$18,708 <br />6.86% <br />Sales and Use <br />048% <br />Local Discretionary <br />$1:7,624 <br />7.2, - :0 <br />Taxes to Counties <br />Sales Surtax <br />106 $193 <br />0.04% <br />13_0 2 5 &41, 8 <br />1.11% <br />Mobile Home <br />Tourist Development <br />1_169,; <br />License Tax <br />Tax <br />$7,620 $4$38 <br />2.79% <br />13_830 $3,� <br />1.40% <br />Various Grants <br />2:000% <br />Local Option Fuel <br />,�, oio <br />Tax <br />Total State <br />$24,618 <br />$21,403 <br />9.03% <br />8.70; <br />Franchise Tax <br />$9.448 $9 139 <br />3.46% <br />Wig; <br />3 903 $2;223 <br />1.43% <br />Interest Income <br />9-94% <br />19 566 <br />7.17% <br />Other <br />4� <br />$238,370 <br />87.41% <br />Total Local <br />$21�z <br />gra; <br />$272,712 <br />100.00% <br />Total All Sources <br />$242,344 <br />}66;60°/, <br />254 <br />