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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 />Source: Indian River County Office of Management and Budget. <br />In FY 2017/18, the forecast expenses for potable water and sanitary sewer services are expected to be <br />$32,218,000. That is a decrease of 16.18% from the FY 2013/14 forecast expenses of $38,437,252. <br />Table 6.12 shows that, in FY 2017/18, the projected expenses for solid waste services are expected to <br />be $12,364,000. That is an increase of 7.50% from the 2013/14 projected figure of $11,500,862. <br />Operating Cost Projections <br />Table 6.13 provides forecasts of overall operating costs for the County for fiscal years 2013/14 <br />through 2017/18. In fiscal year 2017/18, the County is forecast to incur approximately $215,972,962 <br />in operating costs. Based on the figures shown in table 6.13, the county's operating costs are forecast <br />to increase 10.02% between 2013/14 and 2017/18. <br />1$196,302,648 <br />1$200,901,425 <br />1IN. , $205,774,250 <br />1 •$210,398,463 <br />W11 via $215,972,962 <br />Source: Indian River County Office of Management and Budget <br />Projected 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 , 2013, Ordinance 2013- <br />36 <br />
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