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Indian River County, Florida Notes To Financial Statements Year Ended September 30, 2010 NOTE 1— SUMMARY OF SIGNIFCANT ACCOUNTING POLICIES — Continued A. Reporting Entity — Continued Blended Component Units Solid Waste Disposal District (SWDD) — Created pursuant to County Ordinance 87-67, the Board of County Commissioners serves as the Board for the SWDD and sets the non ad valorem assessment fees for the SWDD. Although legally separate, the SWDD is appropriately blended as a proprietary fund type (enterprise) component unit into the primary government. Emergency Services District (EMS) — Created pursuant to County Ordinance 90-25, the Board of County Commissioners serves as the Board for the EMS and sets the millage rate for the EMS. Although legally separate, the EMS is appropriately blended as a governmental fund type (special revenue) component unit into the primary government. Component Unit In previous years the, Indian River County Housing Authority (IRCHA), created pursuant to Chapter 421, Florida Statutes, was included in the government -wide financial statements of the County as a discretely presented component unit. The IRCHA financial statements were not completed prior to the issuance of the County's Comprehensive Annual Financial Report (CAFR) and are considered immaterial to the County as a whole. Consequently, the financial statements of the IRCHA are not included in the government -wide financial statements and notes. See Note 24, Subsequent Events, for the County's action with respect to this unit. Further information on the IRCHA financial statements should be addressed to the administrative office located at 1028 20th Place, Vero Beach, Florida 32960. B. Measurement Focus and Basis of Accounting The basic financial statements of the County are composed of the following: • Government -wide financial statements • Fund financial statements • Notes to the financial statements W