|
Comprehensive Plan Capital Improvements Element
<br />Proiected Expenditures
<br />Table 6.11 shows the County's projected expenditures for fiscal years 2020/2021 through 2024/2025.
<br />By fiscal year 2024/25, the County is forecasted to have annual expenditures totaling $407,167,793.
<br />In FY 2024/25, the category projected to have the largest expenditures is the Public Safety category
<br />with $116,518,000 in expenditures. For the five-year period beginning in fiscal year 2020/21 and
<br />ending in fiscal year 2024/25, the County's expenditures are forecast to decrease by 1.35%.
<br />Table 6.11: Indian River County Overall General Expenditures Projection Summary
<br />Source: Indian River County Office of Management and Budget.
<br />Earmarked Projected Expenditures
<br />Table 6.12 identifies the projected expenditures for the water, sewer, and solid waste enterprise funds
<br />for fiscal years 2020/21 through 2024/25. Those expenditures include operating expenses and other
<br />expenses for each year.
<br />1; Y
<br />2020/21
<br />2021/22
<br />2022/23
<br />2023/24
<br />2024/25
<br />General Govt. Services
<br />$71,623,359
<br />$70,857,000
<br />$71,105,000
<br />$70,599,000
<br />$71,145,000
<br />Public Safety
<br />$116,438,323
<br />$112,508,000
<br />$116,703;000
<br />$114,699,000
<br />$116,518,000
<br />Physical Environment
<br />$103,275,377
<br />$88,722,809
<br />$71,578,496
<br />$100,029,233
<br />$97,330,000
<br />Transportation
<br />$77,716,372
<br />$60,204,377
<br />$61,439,771
<br />$40,039,220
<br />$32,295,043
<br />Economic Environment
<br />$521,535
<br />$535,000
<br />$548,000
<br />$562,000
<br />$576,000
<br />Human Services
<br />$10,061,662
<br />$10,313,000.
<br />$10,571,000
<br />$10,835,000
<br />$11,106,000
<br />Culture/Recreation
<br />$50,860,473
<br />$55,661,000
<br />$33,436,000
<br />$33,931,000
<br />$35,596,000
<br />Debt Service
<br />$499,013
<br />$483,000
<br />$482,750
<br />$486,750
<br />$484,750
<br />Other
<br />$40,132,551
<br />$41,090,000
<br />$44,972,000
<br />$41,136,000
<br />$42,117,000
<br />TOTAL
<br />$471128665
<br />, ,
<br />$440374186$410,836,017
<br />,,
<br />$412,317,203
<br />$407,167,793
<br />According to law, all revenues from capacity charges must be spent on infrastructure improvements
<br />that benefit the payer of the capacity charge. Therefore, capacity charge revenue and expenditure
<br />amounts increase and decrease with development. For that reason, forecasting capacity charge
<br />revenues and expenditures is difficult. That system, however, ensures that new development will not
<br />reduce levels of service below County minimums.
<br />Community Development Department Indian River County
<br />Adopted December 11t 2020, Ordinance 2020-018 34
<br />
|