Laserfiche WebLink
by advancing programs and policies directed toward children, seniors, economic opportunity, attainable <br />housing, community health, recreation, and public mobility. <br />With these strategic goals in mind, all new services and capital expenditures over $5,000 that were requested as <br />part of the budget were analyzed and evaluated to align with the County's mission and strategic goals. The following <br />graph illustrates the breakdown of expenditures by Strategic Goal: <br />Indian River County Strategic Goal Allocation <br />Fiscal Year 2024/2025 <br />* It should be noted some expenditures address multiple strategic goals, such as several infrastructure projects <br />also address Environmental and Quality of Life goals but in the above graph they are classified by their primary <br />strategic goal. Additionally, the County is scheduled to close on $24.8 million of bonds for environmental lands <br />acquisition and these expenditures are not reflected in the above graph. <br />Revenue Outlook <br />The tax roll increase provides additional funding for next fiscal year's budget in the amount of $15,628,265, with <br />the most significant revenue impacts detailed below: <br />• Half Cent Sales Tax is increasing by $211,888, or 1.5%. <br />• State Revenue Sharing is increasing by $675,907 or 13.8%. <br />• Optional Sales Taxis increasing by $1,070,000 or 4.0%. <br />• Gas taxes are increasing $119,679 or 1.9% collectively. <br />Proposed Ad Valorem Tax Rates <br />Based on the preliminary rolls and recommended expenses, the proposed millage rates are as follows: <br />