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Comprehensive Plan Capital Improvements Element
<br />Table 6.12: Future Capital Improvement Expenditures for Indian River County &
<br />Indian River Count School District
<br />Element or Category
<br />2010/11
<br />2011/12
<br />2012/13
<br />2013/14
<br />2014/15
<br />Transportation
<br />$45,272,376
<br />$29,378,382
<br />$32,750,000
<br />$29,800,000
<br />$49,156,568
<br />Total
<br />$71,592,309
<br />$39,232,424
<br />$48,492,450
<br />$50,780,758
<br />$60,297,370
<br />Public School
<br />Facilities*
<br />$42,851,573
<br />$29,145,119
<br />$10,347,761
<br />$12,310,139
<br />$13,026,495
<br />*The School District of Indian River County has the fiscal responsibility for capital improvement expenditures for public school
<br />facilities.
<br />Figure 6.18 graphically displays the projected capital improvements expenditures for the county
<br />during the next five fiscal years. As indicated, the sum of the total projected costs for each of the
<br />elements for the five year period is $270,395,311.
<br />Within the first fiscal year, projects are funded from current fund balances as well as anticipated
<br />annual revenues. For the first three years of the CIP, projects are funded entirely with "committed"
<br />revenue sources. "Committed" revenue sources are revenue sources that currently exist. Projects in
<br />years four and five of the CIP are funded partially through "planned" revenue sources. "Planned"
<br />revenue sources are sources available to the County that have not been utilized. In this case, the one
<br />planned revenue source programmed in the CIP is the imposition of an additional six cents of local
<br />option gas tax.
<br />Some public facilities, such as public education and health systems, are provided countywide, but are
<br />not the fiscal responsibility of the County. The County, however, is required by State Statutes to
<br />provide some funds to the Indian River County Health Department (IRCHD). Consistent with State
<br />law, the Florida Department of Children and Family Services appoints the management of the
<br />IRCHD, maintains the financial records, and prepares its own financial report separate from the
<br />county.
<br />In the Future Land Use and Introductory Elements of the county's comprehensive plan, there is an
<br />analysis and description of public schools and health centers. Based on general locational criteria for
<br />public schools and health centers, it is assumed that any new facilities which may be constructed in
<br />the county by 2014/15 will be located within existing infrastructure service areas or designated
<br />expansion areas. Therefore, these systems may be considered to be adequately served by appropriate
<br />infrastructure.
<br />Community Development Department Indian River County
<br />Adopted November 2, 2010, Ordinance 2010-024
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