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Indian River County, Florida
<br />Board of County Commissioners
<br />Notes To Financial Statements
<br />Year Ended September 30, 2011
<br />NOTE 5 — RESTRICTED CASH AND CASH EQUIVALENTS AND INVESTMENTS
<br />Sinking funds
<br />Renewal and
<br />replacement
<br />Customer deposits
<br />Capital construction
<br />Closure and maintenance cost
<br />Total
<br />Solid Waste
<br />Disposal Golf County
<br />District Course Utilities Total
<br />$ - $ 470,664 $ 6,159,070
<br />3,347,112 -
<br />3,485,928
<br />127,141 -
<br />2,471,418
<br />- -
<br />14,221,313
<br />10,016,236 -
<br />-
<br />$ 13,490,489 $ 470,664
<br />$ 26,337,729
<br />NOTE 6 — PAYABLE FROM RESTRICTED ASSETS
<br />$ 6,629,734
<br />6,833,040
<br />2,598,559
<br />14,221,313
<br />10,016,236
<br />6. _
<br />Liabilities payable from the Board's Enterprise Funds restricted assets above are as follows:
<br />259
<br />Solid Waste
<br />Disposal
<br />Golf
<br />County
<br />District
<br />Course
<br />Utilities
<br />Total
<br />Accounts payable
<br />$ -
<br />$ -
<br />$ 287,331
<br />$ 287,331
<br />Retainage payable
<br />-
<br />-
<br />136,260
<br />136,260
<br />Accrued interest payable
<br />-
<br />8,580
<br />182,787
<br />191,367
<br />Bonds payable (current portion)
<br />-
<br />535,000
<br />3,090,000
<br />3,625,000
<br />Closure/maint. costs payable
<br />10,016,236
<br />-
<br />-
<br />10,016,236
<br />Customer deposits
<br />127,141
<br />-
<br />2,477,787
<br />2,604,928
<br />Total
<br />$ 10,143,377
<br />$ 543,580
<br />$ 6,174,165
<br />$ 16,861,122
<br />259
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