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INDIAN RIVER COUNTY, FLORIDA
<br />NOTES TO FINANCIAL STATEMENTS - CONTINUED
<br />Year Ended September 30, 1991
<br />5. Restricted Cash and Cash Equivalents and Investments:
<br />Various bond covenants, resolutions and state regulations require that the County
<br />restrict cash and cash equivalents and investments within the Enterprise Funds.
<br />Restricted cash and cash equivalents and investments consist of the following
<br />accounts:
<br />Solid Waste Water
<br />Disposal Golf and Sewer Housing
<br />District Course System Authority Total
<br />Sinking Funds $1,251,716 $1,470,152 $2,343,416 $ 11,959 $ 5,077,243
<br />Renewal 6 Replace-
<br />ment and Capital
<br />Projects 1,100,540 3,894,779 6,378,535 176,906 11,550,760
<br />Customer Deposits 27,700 - 642,050 12,774 682,524
<br />Capital Construction 2,080,685 - - - 2,080,685
<br />Closure Z Mainte-
<br />nance Costs 3,571,350 - - - 3,571,350
<br />58,031,991 $5,364,931 $9,364,001 $201,639 $22,962,562
<br />6. Payable from Restricted Assets
<br />Liabilities payable from the County's Enterprise Funds restricted assets listed
<br />above are as follows:
<br />Solid Waste Water
<br />Disposal Golf and Sewer Housing
<br />District Course System Authority Total
<br />Accounts payable $ - $ - $ 690,919 $ - $ 690,919
<br />Retainage payable - 4,064 124,531 - 128,595
<br />Accrued interest
<br />payable 160,298 88,263 325,748 2,959 577,268
<br />Bonds payable
<br />(current portion) 455,000 45,000 162,600 108,000 770,600
<br />Closure costs
<br />payable 1,649,094 - - - 1,649,094
<br />Customer deposits 27,700 - 642,050 11,534 681,284
<br />$2,292,092 S 137,327 S1,945,848 JIU,.493 $4,497,76U
<br />B-27
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