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Board of Commissioners <br /> Page 2 of 2 <br /> �,. October 9, 2013 <br /> It is also important to note that the golf course has generated a slight profit for the last several <br /> years and has not needed a subsidy from ad valorem dollars. <br /> Staff is requesting approval from the Board of Commissioners for interfund borrowing in the <br /> funds listed above as well as other funds as necessary. <br /> Staff Recommendation <br /> Staff recommends approval for interfund borrowing as necessary to cover any cash deficits of <br /> individual funds that may occur. <br /> Distribution: <br /> Edward Halsey, Senior Accountant, Finance <br /> APPROVED AGENDA ITEM: <br /> BY: C <br /> Josep A. Baird <br /> County Administrator <br /> Indian River County� A roved Date <br /> FOR: October 15, 2013 Administrator <br /> Legal <br /> Budget IO 13 <br /> Department <br /> Risk Management <br /> 21 <br />