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INDIAN RIVER COUNTY, FLORIDA <br />NOTES TO FINANCIAL STATEMENTS - CONTINUED <br />Year Ended September 30, 1991 <br />B. Lona -Term Debt - Continued: <br />F. Capital Leases and Notes Payable - Continued <br />The following is an analysis of the leased property under capital leases: <br />Board of <br />County Property <br />ype of Property Commissioners Sheriff Appraiser Total <br />Computer equipment $ - $ - $448,368 S 448,368 <br />Copier equipment - 46,846 - 46,846 <br />Automotive equipment 475,775 - 475,775 <br />Communication equipment 6,865 129,605 - 136,470 <br />982 640 $176,451 448 368 $1.107,459 <br />The equipment listed above is recorded in the General Fixed Assets Account <br />Group. <br />9. Defined Benefit Pension Plans: <br />A. Florida Retirement Svstem <br />The County's employees, except certain firemen, participate in the Florida <br />Retirement System (FRS), a cost-sharing, multiple -employer public employee <br />retirement system, administered by the Florida Department of Administration. <br />The FRS is noncontributory for all members, all contributions are made by the <br />employer. The FRS has five classes of membership with descriptions and <br />contribution rates in effect during the period ended September 30, 1991 as <br />follows (contribution rates are in agreement with the actuarially determined <br />rates): <br />8-43 <br />Period <br />10/1/90 <br />1/1/91 <br />to 12/31/90 <br />to 9/30/91 <br />Regular Class - Members not qualifying <br />for other classes <br />14.668 <br />16.208 <br />Senior Management Service Class - Members <br />of senior management who do not elect the <br />optional annuity retirement program <br />16.048 <br />18.878 <br />Special Risk Class - Members employed as <br />law enforcement officers, firefighters, <br />or correctional officers and meet the <br />criteria set to qualify for this class <br />19.908 <br />26.008 <br />8-43 <br />