Laserfiche WebLink
INDIAN RIVER COUNTY, FLORIDA <br />NOTES TO FINANCIAL STATEMENTS - CONTINUED <br />Year Ended September 30, 1988 <br />11. Fund Equity - Continued: <br />C. The County has established certain reserves within the fund equity section of <br />the governmental funds. Reserved fund balances at September 30, 1988 consist of <br />the following: <br />48. <br />Amount <br />Board of County Commissioners: <br />General Fund: <br />Reserved for emergency management <br />S 40,000 <br />These funds are segregated in compliance <br />with an agreement between the County and <br />a mobile home park to be used solely for <br />emergency management purposes, a general <br />fund type expenditure. <br />Debt Service Funds: <br />Reserved for debt service - <br />Refunding and Improvement Bonds <br />$1,637,571 <br />Route 60 Sewer Assessment Bonds <br />189,960 <br />Route 60 Water Assessment Bonds <br />51,879 <br />51,879,410 <br />These reserves represent fund balances <br />restricted to debt service requirements <br />of the revenue and general obligation bonds. <br />Capital Projects Funds: <br />Reserved for capital projects - <br />Sheriff's Office and Communication Center <br />$ 358,322 <br />County Jail <br />18 <br />Community Health Building <br />75,759 <br />Minimum Security Facility <br />550,434 <br />$ 984,533 <br />These reserves are the fund balances that <br />are restricted to specified capital projects. <br />48. <br />