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Comprehensive Plan Capital Improvements Element <br /> Culture/Recreation <br /> All costs associated with providing and maintaining cultural and recreational facilities and activities <br /> for the benefit of citizens and visitors fit into this category. County libraries, parks, recreation <br /> operations, and the golf course are included here. As shown in table 6.5, the County spent <br /> $24,240,179 on those services in FY 2015/16. Since FY 2010/11, cultural/recreation expenditures <br /> have increased by 33.44%.Culture/recreation expenses represented 10.60%of all County expenses in <br /> FY 2015/16. <br /> Court Related <br /> All costs of operating the judicial branch of Indian River County Government are classified here. <br /> That category includes the County Court,Circuit Court,State Attorney's Office and Public Defender. <br /> As shown in table 6.5,expenditures from that category totaled$6,605,682 in FY 2015/16. Between <br /> fiscal years 2014/15 and 2015/16, Court Related expenditures increased by 1.08%. Court Related <br /> costs represented 2.89% of all county expenses in FY 2015/16. <br /> Debt Service <br /> Debt service consists of interest and payments made by the county on its debt. That figure includes <br /> principal retirement, interest and other miscellaneous debt service. As table 6.5 indicates, total <br /> County debt service expenditures were$5,215,007 in FY 2015/16. Since FY 2010/11,debt service <br /> expenditures have decreased by 23.67%. Debt service expenses represented 2.28% of all County <br /> expenses in FY 2015/16. <br /> Existing Outstanding Debt <br /> At the end of FY 2016/17, Indian River County's outstanding debt,comprised of revenue bonds and <br /> general obligation bonds, stood at $46,747,000. That is shown in table 6.6. Currently, Enterprise <br /> Funds comprise 44.6% of the overall debt (Utility Dept), leaving $25,921,000 in bonds paid from <br /> general governmental funds. In November 2001, Indian River County issued the remaining <br /> $11,000,000 of the $26,000,000 Environmentally Sensitive Land Acquisition general obligation <br /> bonds originally approved by voters in 1992. Also in 2001,the County issued$16,810,000 in Spring <br /> Training Facility Bonds to finance the acquisition and expansion of the Dodgertown spring training <br /> facility (now known as Historic Dodgertown). <br /> In 2004, Indian River County voters approved the issuance of up to an additional $50,000,000 in <br /> Environmentally Sensitive Land Acquisition general obligation bonds. As a result, Indian River <br /> County issued$48,600,000 in Environmentally Sensitive Land Acquisition general obligation bonds <br /> in 2006. While the county refinanced its 1996 Series Water and Sewer Bonds in 2005 and the <br /> Community Development Department Indian River County <br /> Adopted December 5,2017,Ordinance 2017-015 21 <br />