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Governmental Funds
<br />Revenues
<br />Property Taxes
<br />$114,440,512 $105,227,881
<br />Property
<br />Intergovernmental
<br />33,738,425
<br />31,956,921
<br />50.9%
<br />8.0%
<br />Sales & Use Taxes
<br />18,984,618
<br />19,263,128
<br />• ''
<br />Permits, Fees, and Special
<br />17,959,288
<br />18,092,708
<br />Assessments
<br />L.
<br />Charges for Services
<br />17,375,509
<br />17,919,081
<br />Miscellaneous
<br />8,436,416
<br />5,986,962
<br />Interest
<br />4,718,014
<br />7,575,639
<br />Gasoline Tax, 1.6% 1 Judgments, Fines, etc, 0.6%
<br />Gasoline Tax
<br />3,598,127
<br />3,823,809
<br />1 Tourist Tax, 1.2% ® Other Taxes. 0.6%
<br />Tourist Tax
<br />2,714,264
<br />3,093,941
<br />Overall, general revenues for fiscal year 2020
<br />Judgments, Fines, Forfeits
<br />1,398,028
<br />2,148,209
<br />increased from the prior year. This is due
<br />mainly to increased property tax values. The
<br />Other Taxes
<br />1,255,947
<br />1,278,004
<br />County's primary source of revenue is property
<br />Total Revenues
<br />taxes, amounting to $114.4 million, or 50.9%, of
<br />Governmental Funds revenues in 2020. This is
<br />an increase of $9.2 million from fiscal year 2019.
<br />Since fiscal
<br />year 2016, the County's property tax revenue
<br />has increased by $29.7 million, or 35%. In fiscal year 2020, interest
<br />decreased $2.9 million due to the declining
<br />economic conditions caused
<br />by the coronavirus
<br />pandemic.
<br />Miscellaneous revenues increased $2.4 million
<br />mainly due to reimbursement
<br />received from the City of Vero
<br />Beach for the 43rd Avenue - 18th to 26th Street
<br />road project.
<br />120
<br />100
<br />80
<br />60
<br />40
<br />12
<br />Trends in Revenues FY 2016 - FY 2020
<br />Chart in Millions
<br />®Property Taxes ®Permits, Fees, etc.
<br />®Other Taxes' OCharges for Services "Other Taxes include Sales & Use, Gasoline, Tourist, and Other Taxes.
<br />[]Intergovernmental 1 Other Revenues" "Other Revenues include Interest, Miscellaneous. and Judgments, Fines, Forfeits.
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