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Indian River County, Florida <br />Direct and Overlapping Government Activities Debt <br />September 30, 2006 <br />Governmental Unit <br />Debt repaid with property taxes: <br />Indian River County General Obligation Bonds, Series 2001 <br />Indian River County General Obligation Bonds, Refunding Series 2003 <br />Indian River County Limited General Obligation Bonds, Series 2006 <br />Indian River County School District General Obligation Bonds, 2002 Refunding <br />Indian River County School District General Obligation Bonds, 2003 Refunding <br />Other debt: a <br />Indian River County School District Certificates of Participation <br />Indian River County School District Capital Lease Payable <br />Indian River County School District Estimated Long -Term Claims Payable <br />Indian River County School District State School Bonds, Series 1996-B <br />Indian River County School District State School Bonds, Series 2005-A <br />(A) Ending General Obligation, Series 2001 balance $ 8,035,000 <br />Less: Fund balance available in debt service fund (873,136) <br />Net Debt Outstanding $ 7,161,864 <br />(B) Ending General Obligation, Refunding Series 2003 balance $ 4,620,000 <br />Less: Fund balance available in debt service fund (501,881) <br />Net Debt Outstanding $ 4,118,119 <br />(C) Ending Limited General Obligation, Series 2006 balance $ 48,600,000 <br />Less: Fund balance available in debt service fund (820) <br />Net debt outstanding $ 48,599,180 <br />Total direct debt of county $ 59,879,163 <br />(D) Indian River County School District, as of June 30, 2006 <br />Source: Information on outstanding debt provided by the Indian River County Li <br />School District Finance Department. <br />Note: Overlapping debt is borne by all property owners within the County O <br />boundaries. <br />186 a <br />