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Indian River County, Florida <br />Notes To Financial Statements <br />Year Ended September 30, 2006 <br />NOTE 15 - OPERATING LEASES — Continued <br />B. Future Minimum Lease Payments <br />The following is a schedule of minimum future rentals to be paid by the County for various <br />noncancelable operating leases of office space, park land, and office equipment as of September 30, <br />2006: <br />Year <br />Amount <br />2007 <br />$ 377,033 <br />2008 <br />303,167 <br />2009 <br />166,713 <br />2010 <br />135,292 <br />2011 <br />21,333 <br />2012-2016 <br />106,665 <br />2017-2021 <br />106,665 <br />2022-2026 <br />106,665 <br />2027-2031 <br />12,017 <br />2032-2036 <br />1,500 <br />2037-2041 <br />1,500 <br />2042-2046 <br />1,500 <br />2047-2051 <br />1,200 <br />Total future minimum lease payments: <br />1 341 250 <br />NOTE 16 - FUND EQUITY <br />A. Restricted Net Assets <br />The County has established certain restrictions within the net assets section of the proprietary funds. <br />Restricted net assets at September 30, 2006, consist of the following: <br />Component <br />0t, <br />Primary Government <br />Unit <br />Total Primary <br />Housing <br />Golf Course County Utilities <br />Government <br />Authori <br />Restricted for debt service <br />$ 39,583 $ 208,750 <br />$ 248,333 <br />$ 238,002 <br />Restricted for renewal <br />and replacement <br />468,664 <br />Restricted for capital projects <br />- 88,823,634 <br />88,823,634 <br />- <br />Restricted for insurance <br />and property tax <br />- - <br />- <br />60,907 <br />Total <br />39 583 89.032,384 <br />89,071.967 <br />767 573 <br />0t, <br />