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Comprehensive Plan Capital ImproN,ements Element <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 />$21,638,673 on those services in FY 2018/19. Since FY 2013/14, cultural/recreation expenditures <br />have increased by 42.56%. Culture/recreation expenses represented 8.15% of all County expenses in <br />FY 2018/19. <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 $7,187,297 in FY 2018/19. Between <br />fiscal years 2013/14 and 2018/19, Court Related expenditures increased by 10.71%. Court Related <br />costs represented 2.71% of all county expenses in FY 2018/19. <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 <br />County debt service expenditures were $6,179,835 in FY 2018/19. Since FY 2013/14, debt service <br />expenditures have increased by 8.71%. Debt service expenses represented 2-.33% of all County <br />expenses in FY 2018/19. <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 $5,997,000. That is shown in table 6.6. Currently, Enterprise <br />Funds comprise 35.55% of the overall debt (Utility Dept), leaving $3,865,000 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 />bonds originally approved by voters in 1992. Also in 2001, the County issued $16,810,000 in Spring <br />Training Facility Bonds to finance the acquisition and expansion of the Dodgertown spring training <br />facility (now known as Historic Dodgertown). <br />In 2004, Indian River County voters approved the issuance of up to an additional $50,000,000 in <br />Environmentally Sensitive Land Acquisition general obligation bonds. As a result, Indian River <br />County issued $48,600,000 in Environmentally Sensitive Land Acquisition general obligation bonds <br />in 2006. While the county refinanced its 1996 Series Water and Sewer Bonds in 2005 and the <br />majority of its 1993 Series A Water and Sewer Bonds in 2009, the County retained a portion of the <br />Community Development Department Indian River County <br />Adopted December 1` 2020, Ordinance 2020-018 21 <br />