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Indian River County, Florida <br />Notes To Financial Statements <br />Year Ended September 30, 2018 <br />NOTE 7 - INTERFUND BALANCES <br />Interfund balances at September 30, 2018, consisted of the following: <br />Receivable Fund <br />Major governmental funds: <br />General Fund <br />General Fund <br />Emergency Services District Fund <br />Payable Fund Amount <br />Nonmajor governmental funds $ <br />Golf Course Enterprise Fund <br />60,000 <br />340,255 <br />400,255 <br />General Fund 352,697 <br />Nonmajor governmental funds: <br />Land Acquisition Bonds Fund General Fund 53,872 <br />Street Lighting Districts Fund General Fund 3,224 <br />Vero Lake Estates Fund General Fund 2,762 <br />East Gifford Stormwater Fund General Fund 11 <br />Total governmental funds <br />Major enterprise fund: <br />Solid Waste Disposal District Fund <br />Internal service fund: <br />Self Insurance Fund <br />59,869 <br />$ 812,821 <br />General Fund $ 133,440 <br />General Fund $ 404,597 <br />Amounts due from the General Fund represent excess fees and payments of the constitutional officers <br />remitted to various funds subsequent to September 30, 2018. In January 2016, the General Fund loaned <br />$254,500 to the Golf Course Fund to purchase new golf carts. In September 2017, the General Fund <br />loaned $1,100,000 to the Golf Course Fund for a new irrigation system. The amount reported as due <br />from the Golf Course Fund is the current portion of the scheduled payments due to the General Fund in <br />fiscal year 2019. The amounts due from the nonmajor governmental funds represent short-term cash <br />loans that will be repaid within the next twelve months. The remaining amount due from the Golf <br />Course Fund is reported as an interfund advance. <br />71 <br />