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Indian River County, Florida <br />Board of County Commissioners <br />Notes To Financial Statements <br />Year Ended September 30, 2017 <br />NOTE 7 - INTERFUND TRANSFERS <br />Interfund transfers for the year ended September 30, 2017, consisted of the following: <br />Transfers Out: <br />General Fund <br />Secondary Roads <br />Construction Fund <br />Transportation Fund <br />Optional Sales Tax Fund <br />Total <br />Nonmaj or <br />Transportation Governmental <br />Fund Funds <br />$ 9,756,429 $ 117,554 $ <br />Transfers In: <br />Internal <br />Utilities Service <br />Fund Funds <br />- $ 39,496 $ <br />Total <br />9,913,479 <br />- 444,320 - - 444,320 <br />- - 82,667 - 82,667 <br />- 125,000 - - 125,000 <br />9 756 1179 6R6 R711 P R7 667 G 19 1196 1� in 565 1166 <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 roads construction fund revenues to offset a <br />portion of a bus transfer site project, 5) use unrestricted stormwater revenues to offset Egret Marsh <br />employee costs accounted for in the utilities fund, and 6) use capital project fund revenues for <br />improvements to the Historic Dodgertown facility. <br />