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Comprehensive Plan Capital Improvements Element
<br />Table6.13: Projected Expenses for Water, Sewer, and Solid Waste
<br />Fiscal Year
<br />Potable Water & Sanitary Sewer
<br />Solid Waste
<br />2011/12
<br />$31,360,439
<br />$17,624,340
<br />2012/13
<br />$31,454,400
<br />$11,904,000
<br />2013/14
<br />$32,372,000
<br />$17,156,000
<br />2014/15
<br />$30,216,000
<br />$11,251,000
<br />2015/16
<br />$32,635,000
<br />$11,279,000
<br />source: radian River County Office of Management and Budget.
<br />In FY 2015/16, the projected expenses for potable water and sanitary sewer services are expected to
<br />be $32,635,000. That is an increase of 4.06% from the 2011/12 projected expenses of $31,360,439.
<br />Table 6.13 shows that, in FY 2015/16, the projected expenses for solid waste services are expected to
<br />be $11,279,000. That is an decrease of 36% from the 2011/12 projected figure of $17,624,340.
<br />Operating Cost Proiections
<br />Table 6.14 provides projections of overall operating costs for the county for fiscal years 2011/12
<br />through 2015/16. In fiscal year 2015/16, the county is projected to incur approximately $217,418,162
<br />in operating costs. Based on the figures shown in table 6.14, the county's operating costs are
<br />projected to increase 9.99% between 2011/12 and 2015/16.
<br />Table 6.14: Indian River ounty Overall Operating Cost Praiections
<br />Fiscal Year
<br />Total Operating Costs
<br />2011/12
<br />$197,665,075
<br />2012/13
<br />$202,241,373
<br />2013/14
<br />$207,119,033
<br />2014/15
<br />$212,116,257
<br />2015/16
<br />$217,418,162
<br />Source: Indian River County Office of Management and Budget
<br />Proiected Debt Capacity
<br />Debt Financing is one way that the county has provided for its capital facility needs. The primary
<br />rationale for providing capital facilities through indebtedness is that it spreads the cost of a facility
<br />over its useful life and thus is paid for by those who will use the facility.
<br />Community Development Department Indian River County
<br />Adopted November_, 2011, Ordinance 2011-_
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