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Indian River County, Florida <br />Statement of Revenues, Expenses, and Changes in Fund Net Assets <br />Proprietary Funds <br />For the Year Ended September 30, 2006 <br />Business -type Activities - Enterprise Funds <br />Solid Waste <br />Disposal Golf County <br />District Course Utilities <br />OPERATING REVENUES <br />Charges for services <br />Charges for services pledged as <br />security for revenue bonds <br />Total operating revenues <br />OPERATING EXPENSES <br />Personal services <br />Material, supplies, services and <br />other operating <br />Depreciation <br />Total operating expenses <br />Operating income (loss) <br />NONOPERATING REVENUES (EXPENSES) <br />Interest income <br />Interest income pledged as <br />security for revenue bonds <br />Operating grants <br />Gain on disposal of equipment <br />Interest expenses <br />Bond amortization expense <br />Intangible amortization expense <br />Loss on disposal of equipment <br />Insurance recoveries <br />Total nonoperating revenues (expenses) <br />Income before transfers and <br />capital contributions <br />Capital contributions <br />Capital contributions pledged as <br />security for revenue bonds <br />Transfers in <br />Transfers out <br />Change in net assets <br />Total net assets - beginning <br />Total net assets - ending <br />$ 13,741,864 $ <br />- $ <br />- <br />- <br />3,306,424 <br />28,029,062 <br />13,741,864 <br />3,306,424 <br />28,029,062 <br />4,430,823 <br />340,012 <br />2,743,412 <br />823,214 <br />7,036,854 <br />8,196,262 <br />1,731,426 <br />10,414,047 <br />608,782 <br />216,572 <br />12,499,658 <br />11,548,456 <br />2,771,212 <br />29,950,559 <br />2,193,408 <br />535,212 <br />(1,921,497) <br />1,506,691 - <br />839,699 <br />11,571 <br />(9,867) <br />17,703 <br />118,722 <br />(189,682) <br />(95,113) <br />(2,300) <br />2,348,094 (150,670) <br />4,556,769 <br />276,992 <br />30,983 <br />(3,147,584) <br />(274,682) <br />(15,000) <br />1,427,478 <br />4,541,502 384,542 (494,019) <br />4,151,182 <br />- <br />- <br />22,371,582 <br />15,514 <br />- <br />132,062 <br />(126,193) <br />(44,530) <br />(3,100,735) <br />4,430,823 <br />340,012 <br />23,060,072 <br />38,362,124 <br />1,476,051 <br />220,613,026 <br />$ 42,792,947 $ <br />1,816,063 $ <br />243,673,098 <br />The accompanying notes are an integral part of the financial statements. <br />34 <br />