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Ten Largest Taxpayers <br />The following table sets forth the 10 largest taxpayers inthe County, based upon assessed valuation <br />as of January 1, 2001 (fiscal year ending September 30, 2002). <br />Percent of <br />2001 Total Taxable <br />Taxpayer Type of Business Taxable Value Va1ue'1) <br />Disney Vacation Development, Inc. Resort $69,069,073 0.72% <br />Florida Power & Light Electric Utility 61,098,500 0.74 <br />BellSouth Telecommunications Telephone Utility 58,655,192 0.62 <br />Windsor Properties Land Development 50,376,579 0.53 <br />I.R Mall Association Ltd. Regional Shopping Center 47,574,020 0.50 <br />The New Piper Aircraft Aircraft Manufacturer 34,121,169 0.36 <br />John's Island Club, Inc. Club and Golf Course 30,849,571 0.32 <br />Adult Community Total Services Retirement Community 30,514,130 0.32 <br />Prime Outlet Center Ltd. Regional Shopping Center 29,737,070 0.31 <br />Wal-Mart Stores Inc. Retail 28,577,908 0.30 <br />Total $440,573,212 4.62% <br />(I) Total taxable value $8,541,205,140 <br />Source: Indian River County Property Appraiser <br />Note: Values are established as of January1 ofthe previous year, i.e., January 1, 2001, taxable values apply to <br />the fiscal year ending 2002. <br />17 <br />