2025-061 - Laserfiche WebLink

Home Browse Search

adoption procedures contained in Sections 205.0315 and 205.0535, Florida Statutes. Local Business Tax proceeds collected by a county from businesses, professions or occupations whose places of business are located within a municipality must be apportioned between the unincorporated area of the county and the municipalities located within the county by a ratio derived by dividing the populations of the respective municipalities by the population of the county, in accordance with Section 205.0536, Florida Statutes. The County levies a Local Business Tax pursuant to Ordinance No. 95-15, adopted by the County on June 27, 1995 (the "Local Business Tax Ordinance"). The proceeds of the Local Business Tax are apportioned between the County and its municipalities in accordance with Section 205.0536, Florida Statutes. The Florida Legislature has exempted certain individuals and activities from the Local Business Tax. The Legislature previously considered legislation repealing the Local Business Tax, but this legislation failed to pass. It is possible that the Legislature may consider similar bills in the future or may consider bills providing for additional exemptions from or limitations on the Local Business Tax and that such bills may pass. The amount of Local Business Tax revenues received by the County is subject to further increase or decrease based on the number of persons choosing in any given year to engage in or manage any business, profession or occupation within its jurisdiction. The Local Business Tax revenues received by the County are deposited in the General Fund and may be used for any lawful purpose. Intergovernmental Revenues All revenues received by a local government unit from federal, state, and other local government sources in the form of grants, shared revenues, and payments in lieu of taxes are included in the intergovernmental revenues category. If a particular grant is funded from separate intergovernmental sources, then the revenue is recorded proportionately. The largest component is the "Local Government Half -Cent Sales Tax." Local Government Half -Cent Sales Tax Chapter 212, Florida Statutes, authorizes the levy and collection by the State of sales tax upon, among other things, the sales price of each item or article of tangible personal property sold at retail in the State, subject to certain exceptions and dealer allowances. In 1982, the Florida Legislature created the Local Government Half -Cent Sales Tax Program (the "Half -Cent Sales Tax Program"), which distributes a portion of the sales tax revenue and money from the State's General Revenue Fund to counties and municipalities that meet certain eligibility requirements. In 1982, when the Half -Cent Sales Tax Program was created, the general rate of sales tax in the State was increased from 4% to 5%, and one- half of the fifth cent was devoted to the Half -Cent Sales Tax Program, thus giving rise to the name "Half -Cent Sales Tax." Although the amount of sales tax revenue deposited into M.