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Indian River County,Florida <br /> Notes To Financial Statements <br /> Year Ended September 30, 2012 <br /> NOTE 2 -RECONCILIATION OF GOVERNMENT-WIDE AND FUND FINANCIAL <br /> STATEMENTS - Continued <br /> A. Explanation of Differences Between the Governmental Fund Balance Sheet and the ` <br /> Government-wide Statement of Net Position- Continued <br /> Deferred Inflow of Resources—Unavailable Revenue <br /> Deferred inflows of resources reported on the statement of net position differ from the amount reported <br /> in governmental funds due to special assessments. Governmental fund financial statements report <br /> revenues, which are measurable but not available as unavailable revenue, a deferred inflow of <br /> resources. However, unavailable revenues in governmental funds are susceptible to full accrual on <br /> government-wide financial statements. <br /> Unavailable revenues 310 506 <br /> Internal service funds <br /> Internal service funds are used by management to charge the costs of fleet management, insurance <br /> activities, and GIS services to individual funds. The assets and liabilities of the internal service funds <br /> are included in governmental activities in the statement of net position because they primarily serve <br /> governmental activities of the County. <br /> Internal service funds 26,879,571 <br /> Accrued grant revenues <br /> Some grant revenues are not recognized in the current period because the resources are not available; <br /> therefore,these revenues are not reported in the fund. <br /> Accrued grant revenues 1 222 541 <br /> Accrued interest revenues <br /> 5 <br /> Some interest revenues are not recognized in the current period because the resources are not available; <br /> therefore,these revenues are not reported in the fund. <br /> Accrued interest revenues 217 816 <br /> Net OPEB Obligation <br /> The net OPEB obligation asset resulting from contributions in excess of the annual required <br /> contribution is not a financial resource; therefore, it is not reported in the fund. <br /> OPEB asset 321 681 l <br /> Elimination of interfund receivables/payables <br /> Interfund receivables and payables in the amount of $860,073 between governmental funds must be <br /> eliminated for the statement of net position. <br /> 56 <br />