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Comprehensive Plan Capital Improvements Element <br />Figure 6.18: <br />$70,000,000 <br />Future Capital Improvement Expenditures <br />$60,000,000 <br />$50,000,000 <br />$40,000,000 <br />$30,000,000 <br />i <br />$20,000,000 <br />` <br />$10,000,000 <br />30 <br />V7 rzr-L— <br />FY 2020121 <br />FY 2021/22 FY 2022/23 FY 2023124 FY 2024125 <br />❑Coastal Management <br />taConsenration and Aquifer Recharge <br />❑ Emergency Services <br />■ Facilities Management <br />© Law Enforcement <br />■ Parks and Recreation <br />■Sanitary Sewer & Potable <br />Water 0Solid Waste <br />oStormwater Management <br />❑Tranportation <br />Source: Indian River County Office of Management and Budget <br />Fiscal Assessment <br />This section examines the County's ability to fund the capital improvements listed in table 6. 10, with <br />the exception of public school facilities, and assesses whether sufficient revenue will be available <br />within the existing budget framework utilized by the County to fund the needed improvements at the <br />time that those improvements will be required. This assessment process consists of forecasting future <br />revenue receipts and comparing those receipts to anticipated expenditures. With this process, it is <br />possible to quantify annual revenue surpluses and shortfalls, providing a basis for examining <br />opportunities for financing needed capital improvements. The expenditure estimates include <br />operating costs. <br />For the public school facilities listed in table 6. 10, the School District of Indian River County is <br />responsible for funding the capital improvements. The School District's adopted "Summary of <br />Capital Improvements Program" (Appendix C) and "Summary of Estimated Revenue" (Appendix D) <br />provide a detailed review of the financial feasibility of the School District's Five Year Capital Plan. <br />Community Development Department Indian River County <br />Adopted December 1't 2020, Ordinance 2020-018 33 <br />