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Indian River County, Florida <br /> ` Notes To Financial Statements <br /> Year Ended September 30, 2012 <br /> NOTE 10 - INTERFUND TRANSFERS <br /> Interfund transfers for the year ended September 30, 2012, consisted of the following: <br /> jTransfers In: <br /> Nonmajor <br /> General Transportation Governmental Internal Service <br /> (I Fund Fund Funds Fund Total <br /> Transfers Out: <br /> General Fund $ - $ 7,499,582 $ 3,164,129 $ 35,438 $ 10,699,149 <br /> Impact Fees Fund - - 100,000 - 100,000 <br /> Emergency <br /> Services District <br /> Fund 379,401 - - - 379,401 <br /> Nonmajor <br /> Governmental - - <br /> Funds 313,629 130,805 444,434 <br /> ( Golf Course Fund 7,532 - - - 7,532 <br /> Total $ 700,562 $ 7,499,582 $ 3,394,934 $ 35,438 $ 11,630,516 <br /> Transfers are used for the following purposes: 1) use unrestricted general fund revenues to finance <br /> i transportation activities which must be accounted for in a special revenue fund, 2) use unrestricted <br /> l general fund revenues for beach restoration activities which must be accounted for in another fund, 3) <br /> provide matching funds for grants, 4) move revenues from the fund that state law requires to collect <br /> them to the fund that state law requires to expend them, 5)use unrestricted general fund revenues to pay <br /> y off a bond issue, 6) reimburse the general fund for a golf course server, and 7) use unrestricted general <br /> fund revenues to offset a portion of salaries and benefits expenses for an employee accounted for in the <br /> health insurance fund. <br /> I <br /> i <br /> 71 <br />