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Last modified
3/28/2019 12:42:09 PM
Creation date
10/5/2015 9:34:10 AM
Metadata
Fields
Template:
Ordinances
Ordinance Number
2013-019
Adopted Date
11/19/2013
Agenda Item Number
10.A.1.
Ordinance Type
Capital Improvements Element
Entity Name
CIP
Subject
Capital Improvements Program 5 Year Update
Supplemental fields
SmeadsoftID
12617
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Comprehensive Plan Capital Improvements Element <br />considered to be adequately served by appropriate infrastructure. <br />$50,000,000 <br />$40,000,000 <br />$30,000,000 <br />$20,000,000 <br />$10,000,000 <br />$0 <br />Figure 6.18: Future Capital Improvement Expenditures <br />FY 2013/14 FY 2014/15 FY 2015/16 FY 2016/17 FY 2017/18 <br />■Conservation&Aquifer Recharge cEmergencyServices <br />■ Law Enforcement&Corrections a Recreation & Open Space <br />■ SoGd Waste <br />Fiscal Assessment <br />®Ston wvaterManagement <br />oGenwal Services/Facdities Mgmnt <br />•Sanitary Sewer & Potable Water <br />o Transportation <br />This section examines the County's ability to fund the capital improvements listed in table 6. 10, with <br />the exception of public school facilities, and assesses whether sufficient revenue will be available <br />within the existing budget framework utilized by the County to fund the needed improvements at the <br />time that those improvements will be required. This assessment process consists of forecasting future <br />revenue receipts and comparing those receipts to anticipated expenditures. With this process, it is <br />possible to quantify annual revenue surpluses and shortfalls, providing a basis for examining <br />opportunities for financing needed capital improvements. The expenditure estimates include <br />operating costs. <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 />Community Development Department Indian River County <br />Adopted , 2013, Ordinance 2013- <br />34 <br />
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