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12/03/2019
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12/03/2019
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Last modified
2/13/2020 12:00:12 PM
Creation date
2/13/2020 11:05:20 AM
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Meetings
Meeting Type
BCC Regular Meeting
Document Type
Agenda Packet
Meeting Date
12/03/2019
Meeting Body
Board of County Commissioners
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Human Services <br />Human Services cover the cost of providing services for the care, treatment, and control of human <br />illness, injury or disabilities, and for the welfare of the community as a whole and its individuals. <br />The Health Department, Welfare, Medicaid, and Children's Services fall into this category. Table 6.5 <br />shows that the County spent $9,302,125 on human services in FY 2017/18. Since FY 2012/13, <br />human services expenditures have increased by 33.80. Human Services represented 3.71% of all <br />county expenses in FY 2017/18. <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 />$14,980,225 on those services in FY 2017/18. Since FY 2012/13, cultural/recreation expenditures <br />have increased by 2.51 %. Culture/recreation expenses represented 5.98% of all County expenses in <br />FY 2017/18. <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 $6,540,045 in FY 2017/18. Between <br />fiscal years 2016/17 and 2017/18, Court Related expenditures increased by 8.01%. Court Related <br />costs represented 2.61% of all county expenses in FY 2017/18. <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 County <br />debt service expenditures were $5,270,153 in FY 2017/18. Since FY 2012/13, debt service <br />expenditures have decreased by 35.48%. Debt service expenses represented 2.10% of all County <br />expenses in FY 2017/18. <br />Existing Outstanding Debt <br />At the end of FY 2019/20, Indian River County's outstanding debt, comprised of revenue bonds and <br />general obligation bonds, stood at $14,597,000. That is shown in table 6.6. Currently, Enterprise <br />Funds comprise 21.74% of the overall debt (Utility Dept), leaving $11,423,000 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 />180 <br />
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