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Comprehensive Plan Capital Improvements Element <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 <br />Collector. The remaining funds are used to <br />operate the division and contribute to the <br />operation of the Office of the Secretary of <br />Business Regulation. <br />Table 6.1 shows that the county received <br />approximately $70,000 from this tax in FY <br />2020/21, 0.02% of all revenue received by <br />Indian River County. Figure 6.14 shows <br />that, over the last six fiscal years, alcoholic <br />beverage license tax revenue received by <br />Indian River County fluctuated. <br />• Distribution of Sales and <br />Use Taxes to Counties <br />Figure 6.14: Alcoholic Beverage License Tax <br />by FY <br />$72 $70 <br />$70 ass <br />$68 $66 <br />$66 $65 <br />$64 363 <br />$62 <br />$60 559 <br />$58 <br />$56 <br />$54 <br />$52 <br />15/16 16/17 17118 18!19 19/20 20121 <br />■Revenue (n thousands) <br />Source: Indian River County Finance Department <br />According to Florida Statutes, a guaranteed entitlement of $29,915,500 is equally distributed among <br />Florida's sixty-seven counties, providing each county's general revenue fund with $446,500. Table <br />6.1 shows that revenue received from the Distribution of Sales and Use Taxes represented 0.16% of <br />revenues received by Indian River County in FY 2020/21. Uses for this revenue are determined by <br />the Board of County 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 />trailers and fifth -wheel trailers exceeding <br />thirty-five feet in body length. The license <br />taxes, ranging from $20 to $80 depending <br />on body length, are collected in lieu of ad <br />valorem taxes. The taxes are collected by <br />county tax collectors and remitted to the <br />Department of Highway Safety and Motor <br />Vehicles. From each license, two deductions <br />are made. The first is a deduction of $1.50 <br />by the Department of Highway Safety and <br />Motor V hi 1 'th d d t d <br />Figure 6.15: Mobile Home License Tax <br />Revenue by FY <br />$112 <br />1 <br />MUM <br />e c es, wi procee s eposi e <br />into the State General Revenue Fund. The second is a deduction of $1.00, with proceeds deposited <br />Community Development Department Indian River County <br />Adopted December _, 2022, Ordinance 2022- 17 <br />236 <br />