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Comprehensive Plan Capital Improvements Element <br />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 2020/21. Table 6.1 also <br />shows the percentage distribution of total revenue received by Indian River County for each of the <br />revenue sources. <br />Community Development Department <br />Adopted December _, 2022, Ordinance 2022 - <br />Indian River County <br />2 <br />221 <br />Table 6.1: Indian River County Revenue Sources (FY 2020/21) <br />Federal Sources <br />State Sources <br />Local Sources <br />Amount <br />% of Total <br />Amount <br />% of Total <br />Amount <br />% of notal <br />($1,000) <br />Revenue <br />($1,000) <br />Revenue <br />($11000) <br />Revenue <br />Various <br />Grants <br />$31,231 <br />9.52% <br />Local Government <br />Half -Cent Sales Tax <br />$12,009 <br />3.66% <br />Ad Valorem Taxes <br />$115,595 <br />35.23% <br />Total <br />Federal <br />$31,231 <br />9.52% <br />County Revenue <br />Sharing <br />$4,417 <br />1.35% <br />Enterprise Funds <br />$63,763 <br />19.43% <br />Constitutional Fuel <br />$1,812 <br />0.55% <br />User Fees and <br />$19,581 <br />5.970/9 <br />Tax <br />Charges <br />$797 <br />0.24% <br />$488 <br />0.15% <br />County Fuel Tax <br />Special Assessments <br />Alcoholic Beverage <br />License Tax <br />$70 <br />0.02% <br />Impact Fees <br />$12,239 <br />3.73% <br />Distribution of <br />$447 <br />0.14% <br />$22,079 <br />6.73% <br />Sales and Use <br />Local Discretionary <br />Taxes to Counties <br />Sales Surtax <br />$107 <br />0.03% <br />$3,623 <br />1.10'/0 <br />Mobile Home <br />Tourist Development <br />License Tax <br />Tax <br />Various Grants <br />$10,595 <br />3.23% <br />Local Option Fuel <br />$3,563 <br />1.09% <br />Tax <br />Total State <br />$30,254 <br />9.22% <br />Franchise Tax <br />$9,463 <br />2.88% <br />$626 <br />0.19% <br />Interest Income <br />$15,641 <br />4.77% <br />Other <br />$266,661 <br />81.260/9 <br />Total Local <br />$328,146 <br />100.000/0 <br />Total All Sources <br />Community Development Department <br />Adopted December _, 2022, Ordinance 2022 - <br />Indian River County <br />2 <br />221 <br />