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Comprehensive Plan Capital Improvements Element
<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 />Proiected Expenditures
<br />Table 6.11 shows the County's projected expenditures for fiscal years 2015/16 through 2019/20. By
<br />fiscal year 2019/20, the County is forecasted to have annual expenditures totaling $306,299,012. In
<br />FY 2019/20, the category projected to have the largest expenditures is the Public Safety category. For
<br />the five-year period beginning in fiscal year 2015/16 and ending in fiscal year 2019/20, the County's
<br />expenditures are forecast to decrease by 6.48%.
<br />Table 6.11 iadian River Cau»ty Overall General Expendi#ores Projectiaq Su><nma-7
<br />FY
<br />',2015/16-
<br />2016/17
<br />2017/18
<br />'� 201f1(}1►(20
<br />.. -
<br />General Gov't. Services
<br />$51,177,403
<br />$46,207,000
<br />$47,362,000
<br />$48,546,000
<br />$49,760,000
<br />Public Safety
<br />$83,501,246
<br />$86,545,000
<br />$85,568,000
<br />$87,586,000
<br />$96,000,000
<br />Physical Environment
<br />$67,786,686
<br />$63,670,300
<br />$61,633,000
<br />$68,179,000
<br />$63,629,000
<br />Transportation
<br />$51,576,951
<br />$50,021,847
<br />$44,500,063
<br />$42,401,960
<br />$38,839,262
<br />Economic Environment
<br />$411,520
<br />$422,000
<br />$433,000
<br />$444,000
<br />$455,000
<br />Human Services
<br />$7,456,576
<br />$7,643,000
<br />$7,834,000
<br />$8,030,000
<br />$8,231,000
<br />Culture/Recreation
<br />$22,621,050
<br />$15,044,000
<br />$17,259,000
<br />$15,333,000
<br />$15,716,000
<br />Debt Service
<br />$5,483,587
<br />$5,244,170
<br />$5,284,590
<br />$1,092,899
<br />$866,750
<br />Other
<br />$35,436,039
<br />$32,002,000
<br />$34,194,000
<br />$36,322,000
<br />$32,802,000
<br />TOTAL
<br />$325,451,058
<br />$306,799,317
<br />$304,067,653
<br />$307,934,859
<br />$306,299,012
<br />Source: Indian liver County Umce or management ana mages.
<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 2015/16 through 2019/20. Those expenditures include operating expenses and other
<br />expenses for each year.
<br />Community Development Department Indian River County
<br />Adopted ate . I , 2015, Ordinance 2015- 0 11 35
<br />
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