Proceeds from the Series 1993 Sales Tax bond issue are used for land acquisition and design of new courthouse and construction of jail facilities. This bond issue refunded a portion of the Series 1989 Sales Tax bonds and has assumed projects earmarked for that funding. The Sales Tax Trust fund accounts for debt service funding requirements for sales tax revenue bond issues. Through interfund transfers, sales tax funding also supports general government operations and transportation related projects and operations. The source of revenue is the Half-Cent Local Government Sales Tax.
Revenue is derived from ad valorem taxes and the public services tax.
Revenue is recorded in this fund and transferred to the General Fund. The millage rate for FY 1996-97 is 2.0734 mills. This fund was established by special act of the legislature, and millage within the district is limited to one mill. Funds may be used to regulate and control the alteration of Lake Butler by dredging, filling, pumping or otherwise changing the shoreline land contours, including building and maintaining drainage facilities. Funds are also used to support patrol activities by off-duty police officers and Game and Fresh Water Commission officers in the Butler chain.