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Comprehensive Plan Capital Improvements Element <br />$80,000,000 <br />$70,000,000 <br />$60,000,000 <br />$50,000,000 <br />$40,000,000 <br />$30,000,000 <br />$20,000,000 <br />$10,000,000 <br />$0 <br />Figure 6.18: Future Capital Improvement Expenditures <br />FY 2021/22 FY 2022/23 <br />■Coastal Management <br />❑ Emergency Services <br />o Law Enforcement <br />■Sanitary Sewer & Potable Water <br />*Stormwater Manaaement <br />Source: Indian River County Office of Management and Budget <br />Fiscal Assessment <br />FY 2023/24 FY 2024/25 FY 2025/26 <br />a Conservation and Aquifer Recharge <br />■ Facilities Management <br />■ Parks and Recreation <br />o Solid Waste <br />❑ Transportation <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 Capital <br />Improvements Program" (Appendix C) and "Summary of Estimated Revenue" (Appendix D) provide <br />a detailed review of the financial feasibility of the School District's Five Year Capital Plan. <br />Community Development Department <br />Adopted December _ 2021, Ordinance 2021 - <br />Indian River County <br />33 <br />164 <br />i <br />ril, <br />miss" <br />MINNINVI"I" <br />FY 2021/22 FY 2022/23 <br />■Coastal Management <br />❑ Emergency Services <br />o Law Enforcement <br />■Sanitary Sewer & Potable Water <br />*Stormwater Manaaement <br />Source: Indian River County Office of Management and Budget <br />Fiscal Assessment <br />FY 2023/24 FY 2024/25 FY 2025/26 <br />a Conservation and Aquifer Recharge <br />■ Facilities Management <br />■ Parks and Recreation <br />o Solid Waste <br />❑ Transportation <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 Capital <br />Improvements Program" (Appendix C) and "Summary of Estimated Revenue" (Appendix D) provide <br />a detailed review of the financial feasibility of the School District's Five Year Capital Plan. <br />Community Development Department <br />Adopted December _ 2021, Ordinance 2021 - <br />Indian River County <br />33 <br />164 <br />