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Indian River County, Florida <br />Clerk of the Circuit Court and Comptroller <br />Notes To Financial Statements <br />Year Ended September 30, 2011 <br />NOTE 6 — LONG-TERM LIABILITIES <br />Changes in Long -Term Liabilities <br />The following is a schedule of changes in long-term liabilities as of September 30, 2011: <br />Beginning Ending <br />Balance Balance <br />10/01/10 Additions Deletions 9/30/11 <br />Accrued Compensated Absences 247 289 &339,516 $305,657 $281,148 <br />Of the $281,148 liability for accrued compensated absences, management estimates that $50,000 will be <br />due and payable within one year. The long-term liabilities are not reported in the financial statements of <br />the Clerk since they are not payable from available spendable resources. They are reported in the <br />financial statements of the County. <br />W <br />