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Comprehensive Plan Capital Improvements Element
<br />Table 6.12: Projected Expenses for Water, Sewer, and Solid Waste
<br />Fiscal Year
<br />Potable Water & Sanitary
<br />Sewer
<br />Solid Waste
<br />2006/07
<br />$27,354,000
<br />$11,937,215
<br />2007/08
<br />$28,038,000
<br />$12,235,645
<br />2008/09
<br />$28,739,000
<br />$12,541,536
<br />2009/10
<br />$29,457,000
<br />$12,855,074
<br />2010/11
<br />$30,193,000
<br />$13,176,451
<br />Source: Indian River County Office of Management and Budget.
<br />In FY 2010/11, the projected expenses for potable water and sanitary sewer services are expected to
<br />be $30,193,000. That is an increase of 10.38% from the 2006/07 projected expenses of $27,354,000.
<br />Table 6.12 shows that, in FY 2010/11, the projected expenses for solid waste services are expected to
<br />be $13,176,451. That is an increase of 10.38% from the 2006/07 projected figure of $11,937,215.
<br />Operating Cost Projections
<br />Table 6.13 provides projections of overall operating costs for the county for fiscal years 2006/07
<br />through 20010/11. In fiscal year 2010/11, the county is projected to incur approximately
<br />$233,901,000 in operating costs. Based on the figures shown in table 6.13, the county's operating
<br />costs are projected to increase 7.47% between 2006/07 and 2010/11.
<br />Table 6.13: Indian River County Overall Operating Cost
<br />Projections
<br />Fiscal Year
<br />Total Operating Costs
<br />2006/07
<br />$217,646,000
<br />2007/08
<br />$221,895,000
<br />2008/09
<br />$226,226,000
<br />2009/10
<br />$230,643,000
<br />2010/11
<br />$233,901,000
<br />Source: Indian River County Office of Management and Budget
<br />Projected Debt Capacity
<br />Debt Financing, which involves borrowing money using the county's assets as collateral, is one way
<br />that the county has provided for its capital facility needs. The primary rationale for providing capital
<br />Community Development Department Indian River County
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