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INDIAN RIVER COUNTY, FLORIDA <br />NOTES TO FINANCIAL STATEMENTS - CONTINUED <br />Year Ended September 30, 1988 <br />11. Fund Equity: <br />A. The County has established certain. reserves for restricted assets of the <br />Enterprise Funds. These assets are restricted by various covenants within the <br />revenue bond issues, as described in Note 6. <br />Reserved retained earnings at September 30, 1988 consist of the following: <br />Water and <br />Golf Sewer Housing <br />Course System Authority Total <br />Reserved for debt service $184,580 S 372,768 S 4,417 S 561,765 <br />Reserved for renewal and <br />replacement - 440,839 119,566 560,105 <br />Reserved for capital projects - 1,015,601 1,015,601 <br />Total S184,580 $1,829,208 S 123.983 S2,137,7711 <br />B. The following is a summary of changes in Proprietary Fund contributions by Fund: <br />Contributions at <br />October 1, 1987 <br />Increase in <br />contributions <br />Depreciation on <br />contributed <br />assets <br />Contributions at <br />September 30, <br />1988 <br />47. <br />Interna: <br />Enterprise funds Se•,., <br />3oT+d Hater <br />Haste Golf County and Sewer Housing <br />Systs Course Building System Authority Me <br />$10,000 9422,013 $ 12,181 $18,088,513 $538,221 $6. <br />112,901 - - 4,199,670 - <br />4,363 - 520,616 15,988 <br />