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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 />