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Indian River County, Florida Notes To Financial Statements Year Ended September 30, 2019 105 NOTE 16 - FUND BALANCE – Continued D. Fund Balance Deficit The Federal/State Grants Fund, a nonmajor Governmental Fund, had a deficit in fund balance of $3,180 at September 30, 2019. This deficit will be eliminated by grant proceeds in fiscal year 2020. The Jackie Robinson Training Complex Reserve Fund, a nonmajor Governmental Fund, had a deficit in fund balance of $157,350 at September 30, 2019. This deficit will be eliminated by tourist tax collections in future fiscal years. NOTE 17 – NET POSITION A. Net Position Restricted by Enabling Legislation The government-wide statement of net position for the primary government reports $171,911,419 of restricted net position, of which $124,004,434 is restricted by enabling legislation. NOTE 18 - RISK MANAGEMENT General Liability, Property, Worker’s Compensation and Medical The County is exposed to various risks of loss related to torts, theft of, damage to and destruction of assets, errors or omissions, injuries to employees, and natural disasters. The County established a Self Insurance Fund (an internal service fund) to account for and finance its uninsured risk of loss. Under this program, the Self Insurance Fund provides coverage as follows: 10/01/15 to 9/30/2019 Worker’s Compensation $ 650,000 General Liability 200,000 Auto Liability 200,000 Property Damage 200,000 Error or Omissions 200,000 Annual Aggregate 2,000,000 All departments of the County participate in the program. Payments are made by various funds to the Self Insurance Fund based on past experience and actual estimates of the amounts needed to pay current year claims. The County has received three workers compensation reimbursements totaling $41,832 in fiscal year 2019, three workers compensation reimbursements totaling $1,685 in fiscal year 2018, and three workers compensation reimbursements totaling $37,643 in fiscal year 2017.