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Indian River County, Florida <br />Management's Discussion and Analysis <br />For the Year Ended September 30, 2014 <br />2% 1% <br />Capital Assets, Net <br />Total Primary Government <br />September 30, 2014 <br />o Land <br />■ Right of Way <br />❑ Buildings and Improvements <br />0 Equipment <br />o Intangibles <br />o Infrastructure <br />❑ Construction In Progress <br />Additional information on the County's capital assets can be found in Note 6 on pages 70-72 of this <br />report. <br />Debt Administration — Long-term debt <br />At the end of the current fiscal year, the County had total bonded debt outstanding of $73.7 million. Of <br />this amount, $26.6 million is debt backed by the full faith and credit of the government. The revenue <br />bonds represent bonds secured solely by specified revenue sources. <br />Indian River County's Outstanding Debt <br />General Obligation and Revenue Bonds <br />(In Millions) <br />Governmental Business -type <br />Activities Activities <br />Total <br />General Obligation Debt: 2014 2013 2014 2013 2014 2013 <br />Limited General Oblig., Series 2006 $ 26.6 $ 30.0 $ - $ - $ 26.6 $ 30.0 <br />Revenue Bonds: <br />Spring Training Facility, Series 2001 7.7 8.1 - - 7.7 8.1 <br />Water and Sewer Ref. Rev., Series 2005 - 16.3 18.0 16.3 18.0 <br />Water and Sewer Ref. Rev., Series 2009 23.1 25.0 23.1 25.0 <br />Total $ 34.3 $ 38.1 $ 39.4 $ 43.0 $ 73.7 $ 81.1 <br />Additional information on the County's long-term debt can be found in Note 13 on pages 77-85 of this <br />report. <br />16 <br />