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Indian River County, Florida
<br />Notes To Financial Statements
<br />Year Ended September 30, 2016
<br />NOTE 8 - INTERFUND TRANSFERS - Continued
<br />Transfers are used for the following purposes: 1) use unrestricted general fund revenues to finance
<br />transportation activities which are accounted for in a special revenue fund, 2) use unrestricted general
<br />fund revenues for beach restoration activities which must be accounted for in another fund, 3) use
<br />unrestricted general fund revenues to offset a portion of salaries and benefits expenses for an employee
<br />accounted for in the health insurance fund, 4) use secondary road construction fund revenues to offset
<br />portions of a road millings and bus transfer site projects, 5) use unrestricted stormwater revenues to
<br />offset Egret Marsh employee costs accounted for in the utilities fund, 6) use transportation fund
<br />revenues to offset vehicle maintenance costs accounted for in the fleet internal service fund, 7) to use
<br />capital project fund revenues for improvements to the Historic Dodgertown facility and County jail, 8)
<br />provide matching funds for grants, 9) move revenues from the fund that state law requires to collect
<br />them to the fund that state law requires to expend them, and 10) use governmental and proprietary fund
<br />revenues to offset an additional contribution to the OPEB trust made by the self insurance internal
<br />service fund.
<br />NOTE 9 — ACCOUNTS PAYABLE
<br />Payables
<br />Payables at September 30, 2016,.were as follows:
<br />Governmental Activities:
<br />General
<br />Impact Fees
<br />Secondary Roads Construction
<br />Transportation
<br />Emergency Services
<br />Optional Sales Tax
<br />Other governmental
<br />Total Governmental Activities
<br />Business -type Activities:
<br />Payable from current assets:
<br />Solid Waste
<br />Golf Course
<br />Utilities
<br />Building
<br />Payable from restricted assets:
<br />Utilities
<br />Total Business -type Activities
<br />Vendors
<br />Salaries and
<br />Benefits
<br />1,906,640
<br />21,395
<br />1,365,163
<br />356,317
<br />160,287
<br />759,981
<br />729,216
<br />1,434,741
<br />3,552
<br />9,361
<br />293,844
<br />822,708
<br />119,281
<br />5,298,999 $
<br />Total
<br />Payables
<br />$ 3,341,381.
<br />24,947
<br />1,374,524
<br />650,161
<br />982,995
<br />759,981
<br />848,497
<br />2,683,487 $ 7,982,486
<br />1,247,370 $
<br />93,025
<br />1,563,074
<br />102,140
<br />22,997 $ 1,270,367
<br />18,970 111,995
<br />283,463 1,846,537
<br />61,642 163,782
<br />25,706 25,706
<br />3,031,315 $ 387,072 $ 3,418,387
<br />Included in salaries and benefits payable is a liability to the Florida Retirement System (FRS) for
<br />pension contributions due for the month of September 2016. The amounts due to FRS at September 30,
<br />2016 are $196,826 for governmental activities and $26,487 for business -type activities. Payments to
<br />the FRS are made by the fifth working day of the following month. The County has not engaged in any
<br />short-term debt activity during fiscal year 2016 other than that listed in Note 8.
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