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2019-203E
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2019-203E
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Last modified
6/29/2020 3:39:52 PM
Creation date
5/26/2020 11:36:16 AM
Metadata
Fields
Template:
Official Documents
Official Document Type
Report
Approved Date
12/10/2019
Control Number
2019-203E
Agenda Item Number
9.A.
Entity Name
Comprehensive Annual Financial Report (CAFR)
Subject
Certificate of Achievement for Excellence in Financial Reporting for Fiscal Year 2018-2019
Area
CAFR
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Indian River County, Florida <br />Management’s Discussion and Analysis <br />For the Year Ended September 30, 2019 <br />11 <br /> <br /> <br /> <br />Governmental Activities <br /> <br /> Overall program revenues decreased $0.7 million. <br /> <br /> Capital grants and contributions decreased $2.9 million due to the completion of the Osprey Acres <br />project. This was offset by an increase in charges for services of $1.6 million due to increased <br />service fee collections in general government and court-related activities. <br /> <br /> Overall general revenues increased by $13.2 million due to higher property tax collections <br />(increase of $6.6 million or 6.7%) as a result of increased property tax values and a $6.5 million <br />increase in other revenues mainly due to increased interest earnings as a result of improving <br />economic conditions. <br />0 <br />20 <br />40 <br />60 <br />80 <br />100 <br />120 <br />Revenues By Source (In Millions) <br />Governmental Activities <br />Fiscal Years 2018 and 2019 <br />FY 2018 <br />FY 2019
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