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Indian River County, Florida
<br />Notes To Financial Statements
<br />Year Ended September 30, 2013
<br />NOTE 11— DUE FROM OTHER GOVERNMENTS
<br />Governmental Funds
<br />On November 18, 2008, the Board entered into a locally funded agreement with the Florida Department
<br />of Transportation (FDOT) to advance the six-laning of State Road 60 from 82nd Avenue to I-95
<br />(Segment Two). The agreement obligated the Board to pay $14,429,754 to the FDOT. Payment was
<br />made in November 2008 to the FDOT. Funding was from the Optional Sales Tax Fund.
<br />Reimbursement by the FDOT for Segment Two will be in ten quarterly installments over a three-year
<br />period which began in July 2011. Repayments to the Board will include principal and any accumulated
<br />interest earnings that have not been used for supplemental costs of the project.
<br />Segment Two Amount Advance Funded
<br />Less: Reimbursements received as of 9/30/2013
<br />Balance Due from FDOT SR60 Agreement
<br />Additional Funds Due from other governments
<br />Total Due from other governments
<br />NOTE 12 — ACCOUNTS PAYABLE
<br />Payables
<br />Payables at September 30, 2013, were as follows:
<br />Governmental Activities:
<br />General
<br />Impact Fees
<br />Secondary Roads Construction
<br />Transportation
<br />Emergency Services
<br />Optional Sales Tax
<br />Other governmental
<br />Total Governmental Activities
<br />Business -Type Activities:
<br />Payable from current assets:
<br />Solid Waste
<br />Golf Course
<br />Utilities
<br />Building
<br />Payable from restricted assets:
<br />Utilities
<br />Total Business -Type Activities
<br />Vendors
<br />$ 1,322,155
<br />384,797
<br />1,495,570
<br />185,479
<br />118,205
<br />2,744,699
<br />813,599
<br />$ 7,064,504
<br />$ 1,350,089
<br />31,428
<br />1,717,409
<br />18,402
<br />106,718
<br />$ 3,224,046
<br />Optional Sales
<br />Tax Fund
<br />$ 11,429,754
<br />(3,000,000)
<br />8,429,754
<br />1,983,861
<br />$ 10,413,615
<br />Salaries and Total
<br />Benefits Payables
<br />$ 1,483,327 $ 2,805,482
<br />2,003 386,800
<br />5,744 1,501,314
<br />151,422 336,901
<br />471,721 589,926
<br />2,744,699
<br />42,857 856,456
<br />$ 2,157,074 $ 9,221,578
<br />$ 10,381
<br />10,440
<br />164,203
<br />24,229
<br />$ 1,360,470
<br />41,868
<br />1,881,612
<br />42,631
<br />106,718
<br />$ 209,253 $_„433_,299
<br />74
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