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INTRODUCTION An important part of Indian River County's Comprehensive Plan is the Capital Improvements Element (CIE). The CIE summarizes the needed capital facilities identified in the other comprehensive plan elements and describes the financial means by which these facilities are to be funded. In other words, the CIE demonstrates the economic feasibility of the entire comprehensive plan. The CIE also prioritizes the funding of all the public facilities identified in the other comprehensive plan elements based on the level of needs and the availability of funds. -The purpose of the CIE is to evaluate the need for public facilities in support of the Future Land Use Element, to estimate the costs of improvements for which local government has fiscal responsibility, to analyze the fiscal capability of the local government to finance and construct improvements, and to adopt financial policies to guide the funding and construction of improvements. For purposes of this element, a capital improvement is a substantial facility (land, building or major equipment) that costs at least $25,000 and which is required to meet adopted level of service standards. The CIE consists of five major components. These components are the inventory, analysis, concurrency management, goals, objectives and policies and implementation sections. The inventory section identifies financial resources and existing local policies and practices. The analysis section discusses the fiscal assessment of both the county and its comprehensive plan as well as other issues concerning the CIE. The concurrency management section sets the administrative framework for maintaining public facility service levels. The goals, objectives and policies section provides the guidelines and general direction of the CIE. The implementation section includes a 5 7 -year schedule of capital improvements as well as monitoring and evaluation programs. Capital Improvement - an item which is differentiated from an operating item by two criteria, cost and frequency. A capital item has major costs (i.e. $25,000 or more) and occurs infrequently, usually in intervals greater than three years. Capital Improvement Element (CIE) - meets the requirements in Chapter 163, F.S. Rule 9J-5. This is the plan element which guides