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Indian River County, Florida <br />Notes To Financial Statements <br />Year Ended September 30, 2012 <br />NOTE 23 - COMMITMENTS AND CONTINGENCIES - Continued <br />B. Contracts and Other Commitments - Continued <br />In the Enterprise Funds, contracts are for Sandridge Golf Club driving range tee renovations, Segment <br />III Landfill Expansion, Repaving of the Winter Beach, Roseland and Gifford customer convenience <br />centers, West Wabasso gravity sewer system, South County Brine Disposal project and various other <br />water and sewer projects. <br />A summary of these projects at September 30, 2012, is as follows: <br />Total Total Paid as of <br />Contract Price September 30, 2012 <br />Remaining <br />Balance at <br />September 30, 2012 <br />General $ 570, 803 $ (339,750) $ 231,053 <br />Special Revenue 32,783,500 (16,365,467) 16,418,033 <br />Capital Projects 10,110,328 (7,292,557) 2,817,771 <br />Enterprise 8,107,986 (4,590,047) 3,517,939 <br />Total $ 51,572,617 $ (28,587,821) $ 22,984,796 <br />C. Grants <br />Amounts received or receivable from grantor agencies are subject to audit and adjustment by grantor <br />agencies. If any expenditures are disallowed as a result of these audits, the claims for reimbursement to <br />the grantor agency would become a liability of the County. In the opinion of management, any such <br />adjustments would not be significant. <br />98 <br />