Laserfiche WebLink
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 2021/22. 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 />Planning & Development Services Indian River County <br />Adopted February____, 2024, Ordinance 2024- 2 <br />170 <br />Table 6.1: Indian River County Revenue Sources (FY 2021/22) <br />Fedw*1Sources <br />State Sources <br />I.sMatl . <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 />$17,188 <br />5.11% <br />Local Government <br />Half -Cent Sales <br />Tax <br />$13,303 <br />3.96% <br />Ad Valorem Taxes <br />$121,641 <br />36.20% <br />Total <br />Federal <br />$17,188 <br />5.11% <br />County Revenue <br />Sharing <br />$5,723 <br />1.70% <br />Enterprise Funds <br />$69,009 <br />20.54% <br />Constitutional Fuel <br />$1,897 <br />0.56% <br />User Fees and <br />$20,442 <br />6.08% <br />Tax <br />Charges <br />$832 <br />0.25% <br />$505 <br />0.15% <br />County Fuel Tax <br />Special Assessments <br />Alcoholic Beverage <br />License Tax <br />$65 <br />0.02% <br />Impact Fees <br />$10,968 <br />3.26% <br />Distribution of <br />$447 <br />0.13% <br />$26,014 <br />7.74% <br />Sales and Use <br />Local Discretionary <br />Taxes to Counties <br />Sales Surtax <br />$108 <br />0.03% <br />$4,485 <br />1.33% <br />Mobile Home <br />Tourist Development <br />License Tax <br />Tax <br />Various Grants <br />$14,475 <br />4.31% <br />Local Option Fuel <br />$3,591 <br />1.07% <br />Tax <br />Total State <br />$36,850 <br />10.97% <br />Franchise Tax <br />$10,764 <br />3.20% <br />$0 <br />0% <br />Interest Income <br />$14,584 <br />4.340/a <br />Other <br />$282,003 <br />83.92% <br />Total Local <br />$336,041 <br />100.00% <br />Total All Sources <br />Planning & Development Services Indian River County <br />Adopted February____, 2024, Ordinance 2024- 2 <br />170 <br />