Laserfiche WebLink
Indian River County, Florida <br />Management's Discussion and Analysis <br />For the Year Ended September 30, 2010 <br />Governmental activities had the following major increases during the fiscal year: <br />• An increase in infrastructure primarily due to the capitalization of the County Road 512 <br />widening project from Sebastian River Middle School to I-95 ($8.9 million), the College Lane <br />expansion project ($1.9 million), and the 56th Court Bridge over the North Relief Canal Project <br />($1.2 million). <br />• An increase in buildings and improvements primarily due to the capitalization of the parks <br />maintenance complex ($1.5 million), Fire Station #9 renovations ($2.2 million) and Fire Station <br />#12 construction ($2.1 million). <br />• An increase in right-of-way primarily due to $2.8 million for right-of-way on 43rd Avenue and <br />$1.8 million for 66th Avenue. <br />Business -type activities had the following major increases during the fiscal year: <br />• An increase in buildings and improvements was due to the capitalization of the West Regional <br />Wastewater Treatment Plant expansion ($23.0 million), the new Biosolids Facility ($5.1 <br />million), and the Fellsmere Convenience Center ($2.1 million). <br />• An increase in intangibles due to the contribution of numerous utilities easements ($0.8 million). <br />Indian River County Capital Assets <br />(Net of Depreciation, In Millions) <br />Additional information on the County's capital assets can be found in Note 6 on pages 65-68 of this <br />report. <br />12 <br />Governmental <br />Business -type <br />Activities <br />Activities <br />Total <br />2010 2009 <br />2010 2009 <br />2010 <br />2009 <br />Land $ <br />138.4 $ 138.3 $ <br />19.3 $ 19.3 $ <br />157.7 $ <br />157.6 <br />Right-of-way <br />48.9 43.0 <br />- - <br />48.9 <br />43.0 <br />Buildings and improvements <br />152.7 147.9 <br />242.9 219.6 <br />395.6 <br />367.5 <br />Equipment <br />25.5 25.1 <br />3.3 4.7 <br />28.8 <br />29.8 <br />Intangibles <br />2.4 2.4 <br />1.3 0.4 <br />3.7 <br />2.8 <br />Infrastructure <br />125.4 118.2 <br />- - <br />125.4 <br />118.2 <br />Construction in progress <br />43.7 49.0 <br />9.3 39.0 <br />53.0 <br />88.0 <br />Total $ <br />537.0 $ 523.9 $ <br />276.1 $ 283.0 $ <br />813.1 $ <br />806.9 <br />Additional information on the County's capital assets can be found in Note 6 on pages 65-68 of this <br />report. <br />12 <br />