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Comprehensive Plan Capital Improvements Element
<br />Projected Expenditures
<br />Table 6.11 shows the County's projected expenditures for fiscal years 2021/2022 through 2025/2026.
<br />By fiscal year 2025/26, 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 />FY
<br />2021/22
<br />2022/23
<br />2023/24
<br />2024/25
<br />2025/26
<br />General Gov't. Services
<br />$81,585,579
<br />$76,595,000
<br />$74,725,000
<br />$74,533,000
<br />$74,134,000
<br />Public Safety
<br />$124,051,164
<br />$123,569,000
<br />$121,896,000
<br />$124,994,000
<br />$128,640,000
<br />Physical Environment
<br />$125,080,782
<br />$97,934,496
<br />$113,560,863
<br />$104,685,000
<br />$93,269,733
<br />Transportation
<br />$85,422,144
<br />$66,067,458
<br />$57,200,873
<br />$41,070,196
<br />$32,038,394
<br />Economic Environment
<br />$508,327
<br />$521,000
<br />$534,000
<br />$547,000
<br />$561,000
<br />Human Services
<br />$11,221,478
<br />$11,502,000
<br />$11,790,000
<br />$12,085,000
<br />$12,387,000
<br />Culture/Recreation
<br />$45,351,797
<br />$38,122,000
<br />$25,563,000
<br />$25,307,000
<br />$23,165,000
<br />Debt Service
<br />$483,000
<br />$482,750
<br />$486,750
<br />$484,750
<br />$487,000
<br />Other
<br />$48,919,162
<br />$44,972,000
<br />$41,136,000
<br />$50,142,000
<br />$46,096,000
<br />TOTAL
<br />$522,623,433
<br />$459,765,704
<br />$446,892,486
<br />$433,847,946
<br />$410,778,127
<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 2021/22 through 2025/26. Those expenditures include operating expenses and other
<br />expenses for each year.
<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
<br />Adopted December _ 2021, Ordinance 2021 -
<br />Indian River County
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