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Comprehensive Plan Capital Improvements Element
<br />Improvements Program" (Appendix C) and "Summary of Estimated Revenue" (Appendix D) provide
<br />a detailed review of the financial feasibility of the School District's Five Year Capital Plan.
<br />Proiected Expenditures
<br />Table 6.11 shows the County's projected expenditures for fiscal years 2019/2020 through 2022/2023.
<br />By fiscal year 2023/24, the County is forecasted to have annual expenditures totaling $397,462,983.
<br />In FY 2023/24, the category projected to have the largest expenditures is the Public Safety category.
<br />For the five-year period beginning in fiscal year 2019/20 and ending in fiscal year 2023/24, the
<br />County's expenditures are forecast to decrease by 4.98%.
<br />Table 6.11: Indian River County Overall General Expenditures Projection Summary
<br />FY
<br />2019/70
<br />2020121
<br />2021/22 11
<br />202=3
<br />2023/24
<br />General Gov't. Services
<br />$66,277,888
<br />$62,464,000
<br />$64,761,000
<br />$65,406,000
<br />$66,269,000
<br />Public Safety
<br />$108,835,731
<br />$108,699,000
<br />$110,393,000
<br />$119,117,000
<br />$114,242,000
<br />Physical Environment
<br />$92,370,545
<br />$85,347,279
<br />$84,703,126
<br />$72,993,188
<br />$103,364,233
<br />Transportation
<br />$67,479,332
<br />$66,205,448
<br />$63,676,572
<br />$83,566,968
<br />$47,204,000
<br />Economic Environment
<br />$503,942
<br />$517,000
<br />$530,000
<br />$543,000
<br />$557,000
<br />Human Services
<br />$9,715,152
<br />$9,958,000
<br />$10,207,000
<br />$10,462,000
<br />$10,724,000
<br />Culture/Recreation
<br />$23,672,718
<br />$37,250,119
<br />$16,484,000
<br />$15,664,000
<br />$15,983,000
<br />Debt Service
<br />$5,050,341
<br />$3,518,315
<br />$483,000
<br />$482,750
<br />$486,750
<br />Other
<br />$43,875,508
<br />$37,691,000
<br />$41,090,000
<br />$44,972,000
<br />$38,633,000
<br />TOTAL
<br />$417,781,157
<br />$411,650,161
<br />$392,327,698
<br />$413,206,906
<br />$397,462,983
<br />Source: Indian River County Office of Management and Budge(.
<br />Earmarked Projected Expenditures
<br />Table 6.12 identifies the projected expenditures for the water, sewer, and solid waste enterprise funds
<br />for fiscal years 2019/20 through 2023/24. Those expenditures include operating expenses and other
<br />expenses for each year.
<br />According to law, all revenues from capacity charges must be spent on infrastructure improvements
<br />that benefit the payer of the capacity charge. Therefore, capacity charge revenue and expenditure
<br />amounts increase and decrease with development. For that reason, forecasting capacity charge
<br />revenues and expenditures is difficult. That system, however, ensures that new development will not
<br />reduce levels of service below County minimums.
<br />Community Development Department Indian River County
<br />Adopted December 3, 2019, Ordinance 2019-020 34
<br />
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