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the Half -Cent Sales Tax Program is no longer one-half of the fifth cent of every dollar of <br />the sales price of an item subject to sales tax, the name "Half -Cent Sales Tax" has continued <br />to be utilized. Section 212.20, Florida Statutes, provides for the distribution of sales tax <br />revenues collected by the State. Over the years, the proportion of sales tax revenues <br />deposited in the Local Government Half -Cent Sales Tax Clearing Trust Fund in the State <br />Treasury (the "Sales Tax Trust Fund") has decreased from time to time. Prior to September <br />1, 2015, the percentage of sales tax proceeds deposited in the Sales Tax Trust Fund after <br />certain required deposits to other State funds was 8.8854%. Commencing September 1, <br />2015, the percentage of sales tax proceeds deposited in the Sales Tax Trust Fund after <br />certain required deposits to other State funds is 8.9744%. The general rate of sales tax in <br />the State is now 6.00%. The sales tax proceeds deposited in the Sales Tax Trust Fund (the <br />"Half -Cent Sales Tax Revenues") are earmarked for distribution to the governing body of <br />each county and each participating municipality within a county pursuant to a statutory <br />distribution formula described below. The Half -Cent Sales Tax Revenues are distributed <br />from the Sales Tax Trust Fund on a monthly basis to participating units of local government <br />in accordance with Part VI, Chapter 218, Florida Statutes. <br />To be eligible to participate in the Half -Cent Sales Tax Program, each municipality <br />and county is required to comply with a variety of state -mandated requirements. The <br />County has always complied with such requirements. <br />Half -Cent Sales Tax Revenues collected within a county and deposited in the Sales <br />Tax Trust Fund are distributed among such county and the eligible municipalities therein <br />in accordance with the following formula: <br />County Share <br />(percentage of total <br />Half -Cent Sales <br />Tax Revenues) <br />Each Municipality Share <br />(percentage of total <br />Half -Cent Sales Tax <br />Revenues) <br />unincorporated <br />2/3 incorporated <br />= area population + <br />area population <br />Total county + <br />2/3 incorporated <br />Population <br />area population <br />= municipality population <br />total county + <br />2/3 incorporated <br />population <br />area population <br />Below are the approximate distribution percentages of the Half -Cent Sales Tax <br />Revenues for the County and the municipalities within the County for the Fiscal year ended <br />September 30, 2025: <br />[Remainder of page intentionally left blank] <br />29 <br />