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Indian River County, Florida <br />Management's Discussion and Analysis <br />For the Year Ended September 30, 2020 <br />As recommended in the Comprehensive Water, Wastewater, and Reclaimed Water Rate Study, <br />an annual CPI adjustment of 1.5% was included for FY 2020/2021 in the Utilities Fund. In <br />addition, four Streetlighting District assessments are decreasing as a result of Florida Power Et <br />Light's lower electric rates when compared to those of the City of Vero Beach. The Oceanside <br />Street Paving M.S.B.U. assessment of $415 per lot is scheduled to sunset in FY 2020/2021, as <br />the five-year implementation is now complete. <br />REQUESTS FOR INFORMATION <br />This financial report is designed to provide a general overview of the County's finances for all <br />those with an interest in the government's finances. Questions concerning any of the <br />information provided in this report or requests for additional financial information should be <br />addressed to: <br />Clerk of the Circuit Court and Comptroller <br />Attention: Comptroller Division <br />1801 27th Street <br />Vero Beach, FL 32960 <br />18 <br />