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Indian River County, Florida <br />Notes To Financial Statements <br />Year Ended September 30, 2006 <br />NOTE 2 - RECONCILIATION OF GOVERNMENT -WIDE AND FUND FINANCIAL <br />STATEMENTS - Continued <br />A. Explanation of Differences Between the Governmental Fund Balance Sheet and the <br />Government -wide Statement of Net Assets - Continued <br />ASSETS <br />Cash and cash equivalents <br />Investments <br />Accounts receivable - net <br />Due from other funds <br />Due from other governments <br />Interest receivable <br />Inventories <br />Prepaid expenses <br />Advance to other funds <br />Special assessments receivable <br />Liens receivable <br />Capital assets - net <br />Total assets <br />LIABILITIES AND FUND BALANCES <br />Liabilities: <br />Accounts payable <br />Claims payable <br />Retainage payable <br />Accrued interest payable <br />Due to other funds <br />Due to other governments <br />Other deposits held in escrow <br />Unearned revenues <br />Accrued compensated absences <br />Capital leases <br />Bonds payable <br />Advance from other funds <br />Total liabilities <br />Fund balances/net assets <br />Total liabilities and fund <br />balances/net assets <br />Total <br />Capital <br />Long-term <br />Governmental <br />Related <br />Debt Interest <br />Funds <br />Items <br />Tansactions Payable <br />$ 287,962,655 $ - $ _ $ _ <br />143,132 <br />725,528 <br />566,696 <br />5,063,093 <br />9,178 <br />10,101 <br />106,998 <br />1,641,105 <br />96,149 <br />666,667 <br />355,363,421 <br />$ 296,991,302 $ 355,363,421 $ - $ _ <br />$ 12,916,274 $ <br />2,901,108 <br />29,734 - - 644,481 <br />654,555 - _ _ <br />482,430 <br />729,722 <br />11,595,772 <br />- - 5,361,670 - <br />- - 77,150,060 <br />987,105 - _ - <br />30,296,700 - 82,511,730 644,481 <br />266,694,602 355,363,421 (82,511,730) (644,481) <br />$ 296,991,302 $ 355,363,421 $ - $ _ <br />The accompanying notes are an integral part of the financial statements. <br />56 D <br />