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<br />t_ <br /> <br />iiMiIi <br /> <br />!~~,!111 <br /> <br />Intergovernmental Revenues- This revenue includes State and Federal grants and funds from <br />the Florida Department of Transportation related to causeway maintenance. <br /> <br />- <br /> <br />- <br /> <br />State Shared Revenue- The State provides the City with revenues, based upon the City's <br />population, from State revenue sharing, a half-cent sales tax, and taxes placed upon cigarette <br />and alcoholic beverage sales. <br /> <br />.. <br /> <br />... <br /> <br />Service- The City collects fees for various services including election filing, lobbyist <br />registration, lien letters, special duty officers and duty fees. <br />Fines and Forfeitures- Revenues are provided to the City through County court, code <br />enforcement and building permit fines. The City also collects fees from forfeitures, Florida <br />LETF, Department ofJustice LETF and DEA LETF. <br /> <br />.. <br /> <br />.. <br /> <br />.. <br /> <br />.. <br /> <br />.. <br /> <br />Impact Fees- The City receives funds from its Police Impact Fee. <br /> <br />- <br /> <br />Bonds- The City has the capacity and ability to issue general obligation and revenue bonds <br />as a means to fmance capital improvements. To date, the city has not issued any such bonds. <br /> <br />.. <br /> <br />.. <br />.. <br /> <br />Miscellaneous Revenues- These include funds provided through interest, bus shelter <br />advertising, park refreshments and donations. <br /> <br />.- <br />.. <br /> <br />Projected Revenues - Non-Ad Valorem <br /> <br />.. <br /> <br />The revenue projections contained in this plan are based upon the City's adopted budget for FY <br />1998-99 and FYl999-2000 along with projections based upon anticipated economic conditions. <br />The future revenues for the City are anticipated to increase at an annual rate of two percent (2%) <br />per year. This projection may underestimate revenues, particularly franchise fees associated with <br />redevelopment activities. <br />Projected Municipal Revenues (Non-Ad Valorem) <br /> <br />.. <br /> <br />.. <br /> <br />- <br /> <br />.. <br />.. <br /> <br /> <br />Gas Tax 168,000 171,360 174,787 178,283 181,849 185,486 <br />Franchise Fees 1,066,000 1,087,320 1,109,066 1,131,248 1,153,873 1,176,950 <br />Utili Taxes 1,895,000 1,932,900 1,971,558 2,010,989 2,051,209 2,092,233 <br />Buildin Fees 900,000 918,000 936,360 955,087 974,189 993,673 <br />Inter. Grants 452,837 461,894 471,132 480,554 490,165 499 ,969 <br />Shared 1,009,500 1,029,690 1,050,284 1,071,289 1,092,715 1,114,570 <br />Revenue <br />Services 138,125 140,888 143,705 146,579 149,511 152,501 <br />FinesjForfeiture 146,000 148,920 151,898 154,936 158,035 161,196 <br />s <br />Miscdlaneous 64,500 65,790 67,106 68,448 69,817 71,213 <br />1m act Fees 26,000 26,520 27,050 27,591 28,143 28,706 <br />Total $5,865,96 $5,983,28 $6,102,94 $6,225,00 $6,349,50 $6,476,49 <br /> 2 1 7 6 6 6 <br /> Source: City of Sunny Isles Beach <br /> <br />.. <br /> <br />.. <br /> <br />.. <br />.. <br /> <br />.. <br /> <br />.. <br /> <br />.. <br /> <br />.. <br /> <br />.. <br /> <br />- <br /> <br />.. <br /> <br />.. <br /> <br />Sunny Isles Comprehensive Plan - Existing Conditions /Background Documents <br /> <br />52 <br /> <br />. <br /> <br />- <br />