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10:33 a.m. <br /> Administrator Brown explained that the funding for the Dori Slosberg Driver Education <br /> Act comes from the fees that are paid on traffic tickets to provide funding for driver's <br /> education programs, and the recommended budgets are: <br /> • Indian River County School District - $48,000, increase of$1,350, or 2.9% <br /> • Saint Edward's School- $13,350, same as the current year <br /> The Chairman opened the floor for public comments. <br /> Carter Morrison, Chief Financial Officer, on behalf of the Superintendent, Indian River <br /> County School District, and John Bolen, Director for Treasure Coast Driving School, <br /> thanked the Board for their support and help with the reinstitution of the Driver's <br /> Education Program through the Dori Slosberg Driver's Education Funds, and shared the <br /> program statistics regarding registrations and the number of students enrolled in the <br /> program with the Board. <br /> LAND ACQUISITION BONDS <br /> 10:36 a.m. <br /> Administrator recommendations for Land Acquisition Bond 2004: <br /> Debt Service Principal - $4,053,000, an increase of$165,000 <br /> Debt Service Interest - $327,120, a decrease of$147,494 <br /> Other Debt Service Costs - $10,000, same as last year <br /> Property Appraiser- $65,014, a decrease of$7,959 <br /> Tax Collector- $50,000, same as last year <br /> Total debt service expenses are budgeted at $4,545,134, an increase of$7,498, or 0.2%. The <br /> millage rate is 0.3143, which is a decrease of(0.0172). <br /> The Chairman opened the floor for public comments; there were none. <br /> STREETLIGHTING DISTRICTS <br /> 10: 36 a.m. <br /> Administrator Brown announced the following proposed assessment rates per parcel/acre: <br /> • Gifford - $25.00 <br /> • Laurelwood - $36.00 <br /> • Rockridge - $8.00 <br /> • Vero Highlands - $36.00 <br /> • Porpoise Point- $11.00 <br /> • Laurel Court- $39.00 <br /> • Tierra Linda - $29.00 <br /> • Vero Shores - $24.00 <br /> • Ixora Park- $20.00 <br /> • Royal Poinciana - $39.00 <br /> • Roseland - $1.00 <br /> • Whispering Pines - $16.00 <br /> • Moorings - $10.00 <br /> • Walker's Glen - $22.00 <br /> • Glendale Lakes - $40.00 <br /> • Floralton Beach - $50.00 <br /> 2016-2017 Budget Workshop <br /> July 13, 2016 Page 9 <br />