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Ordinance No. 2014-020
<br />Comprehensive Plan Capital Improvements Element
<br />For the public school facilities listed in table 6. 10, the School District of Indian River County is
<br />responsible for funding the capital improvements. The School District's adopted "Summary of
<br />Capital Improvements Program" (Appendix C) and "Summary of Estimated Revenue" (Appendix D)
<br />provide a detailed review of the financial feasibility of the School District's Five Year Capital Plan.
<br />Projected Expenditures
<br />Table 6.11 shows the County's projected expenditures for fiscal years 2014/15 through 2018/19. By
<br />fiscal year 2018/19, the County is forecasted to have annual expenditures totaling $280,735,950. In
<br />FY 2018/19, the category projected to have the largest expenditures is the Public Safety category. For
<br />the five-year period beginning in fiscal year 2014/15 and ending in fiscal year 2018/19, the County's
<br />expenditures are forecast to decrease by 11.58%.
<br />Table 6.11: Indian River County Overall General Expenditures Projection Summary
<br />FY
<br />2014/15
<br />2015/16
<br />2016/17
<br />2017/18
<br />2018/19
<br />General Gov't. Services
<br />$45,472,913
<br />$42,607,000
<br />$43,672,000
<br />$44,764,000
<br />$45,883,000
<br />Public Safety
<br />$75,696,289
<br />$78,196,785
<br />$81,001,304
<br />$83,577,500
<br />$86,258,500
<br />Physical Environment
<br />$69,202,160
<br />$53,420,000
<br />$59,351,000
<br />$60,873,000
<br />$54,497,000
<br />Transportation
<br />$60,554,704
<br />$39,426,282
<br />$48,061,921
<br />$40,682,944
<br />$35,878,000
<br />Economic Environment
<br />$421,679
<br />$432,000
<br />$443,000
<br />$454,000
<br />$465,000
<br />Human Services
<br />$6,810,210
<br />$6,980,000
<br />$7,155,000
<br />$7,334,000
<br />$7,517,000
<br />Culture/Recreation
<br />$20,296,679
<br />$14,077,932
<br />$14,857,000
<br />$15,665,000
<br />$15,032,000
<br />Debt Service
<br />$5,673,712
<br />$5,432,256
<br />$5,448,813
<br />$5,487,525
<br />$2,403,450
<br />Other
<br />$33,359,873
<br />$32,002,000
<br />$32,002,000
<br />$34,194,000
<br />$32,802,000
<br />TOTAL
<br />$317,488,219
<br />$272,574,255
<br />$291,992,038
<br />$293,031,969
<br />$280,735,950
<br />Source: Indian River County Office of Management and Budget.
<br />Earmarked Projected Expenditures
<br />Table 6.12 identifies the projected expenditures for the water, sewer, and solid waste enterprise funds
<br />for fiscal years 2014/15 through 2018/19. Those expenditures include operating expenses and other
<br />expenses for each year.
<br />According to law, all revenues from capacity charges must be spent on infrastructure improvements
<br />that benefit the payer of the capacity charge. Therefore, capacity charge revenue and expenditure
<br />amounts increase and decrease with development. For that reason, forecasting capacity charge
<br />Community Development Department Indian River County
<br />Adopted , 2014, Ordinance 2014-
<br />36
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