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Comprehensive Plan Capital Improvements Element
<br /> Table 6.15 Indian River County Bond Schedule
<br /> Environmentally
<br /> Water&Sewer Revenue Sensitive Land Water&Sewer Revenue Spring Training Facility
<br /> FY Ending Refunding Bonds Acquisition Refunding Bonds Revenue Bonds
<br /> 2009 Series 3.68% 2015 Series 1.66% 2015 Series 1.65% 2001 Series 4.87%
<br /> $26,370,000 $20,369,000 $7,170,000 $16,810,000
<br /> Total $499,750
<br /> Balance $2,120,000
<br /> Interest $106,000
<br /> Principal $390,000
<br /> Total $496,000
<br /> 2027 Balance $1,730,000
<br /> Interest $86,500
<br /> Principal $410,000
<br /> Total $496,500
<br /> 2028 Balance $1,320,000
<br /> Interest $66,000
<br /> Principal $430,000
<br /> Total $496,000
<br /> 2029 Balance $890,000
<br /> Interest $44,500
<br /> Principal $455,000
<br /> Total $499,500
<br /> 2030 Balance $435,000
<br /> Interest $21,750
<br /> Principal $435,000
<br /> Total $456,750
<br /> 2031 Balance $0
<br /> Source:Indian River County Office of Management and Budget.
<br /> Fiscal Assessment Summary
<br /> This section provides an analysis of the County's revenues and expenditures for its capital
<br /> improvement needs for the five-year period beginning in FY 2017/18 and ending in FY 2021/22.
<br /> While Appendix A details all of the capital improvement projects for the next five fiscal years for
<br /> each individual comprehensive plan element by cost, timeframe, and revenue source(s), Table 6.7
<br /> provides general revenue projections for the County through fiscal year 2021/22. As shown in Table
<br /> 6.7,the County will generate$1,756,803,906 in revenues from general funds, enterprise funds, and
<br /> internal funds from fiscal year 2017/18 to fiscal year 2021/22. Sources of those funds include sales
<br /> taxes, property taxes, grants, impact fees, and other revenues. The funding needed for the capital
<br /> improvements listed within Appendix A will come from that $1,756,803,906.
<br /> Overall,the County will have enough revenue to cover the costs associated with the five year capital
<br /> Community Development Department Indian River County
<br /> Adopted December 5,2017,Ordinance 2017-015 38
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