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Indian River County, Florida <br />Notes To Financial Statements <br />Year Ended September 30, 2013 <br />NOTE 9 - INTERFUND BALANCES <br />Interfund balances at September 30, 2013, consisted of the following: <br />Receivable Fund <br />General Fund <br />General Fund <br />General Fund <br />Payable Fund Amount <br />Nonmajor Governmental Funds <br />Golf Course Enterprise Fund <br />Fleet Internal Service Fund <br />$ 455,000 <br />640,853 <br />317,000 <br />$ 1,412,853 <br />In October 2010, the General Fund loaned $333,050 to the Golf Course Fund to purchase new golf <br />carts. In September 2013, the General Fund loaned $1,565,000 to the Golf Course Fund to pay off the <br />Series 2003 Recreational Revenue Refunding Bonds. The amount reported as due from the Golf Course <br />Fund is the current portion of the scheduled payments due to the General Fund in fiscal year 2014. The <br />remaining amount due from the Golf Course Fund is reported as an interfund advance. The amounts <br />due from the Fleet Internal Service Fund and the Nonmajor Governmental Funds represent short-term <br />cash loans that will be repaid within the next twelve months. <br />Receivable Fund <br />Major Governmental Fund: <br />Emergency Services District Fund <br />Major Enterprise Fund: <br />Solid Waste Disposal District Fund <br />Nonmajor Governmental Funds: <br />Land Acquisition Bonds Fund <br />Street Lighting Districts Fund <br />Vero Lake Estates Fund <br />East Gifford Stormwater Fund <br />Total Nonmajor Governmental Funds <br />Payable Fund Amount <br />General Fund $ 226,983 <br />General Fund $ 101,037 <br />General Fund <br />General Fund <br />General Fund <br />General Fund <br />Total: <br />$ 61,678 <br />2,402 <br />1,221 <br />13 <br />$ 65,314 <br />$ 393,334 <br />Amounts due from the General Fund represent excess fees and payments of the constitutional officers <br />remitted to various funds subsequent to September 30, 2013. <br />72 <br />