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Indian River County, Florida
<br />NOTES TO FINANCIAL. STATEMENTS - Continued
<br />Year Ended September 30, 1995
<br />NOTE 8 - LONG-TERM DEBT - Continued
<br />B. Discretely Presented Component Unit - Continued
<br />The Housing Authority collects fees, rentals and other charges for the use of the facilities of the
<br />project, and out of such funds pays the principal of and interest on the land, the necessary
<br />expenses of operation and maintenance, and all reserve and sinking fund requirements. Fees,
<br />rentals and other charges will not be reduced so as to be insufficient to provide funds for such
<br />purposes. The Housing Authority did not meet all of the required monthly reserve deposits and
<br />insurance escrow deposits as set forth in the bond resolution.
<br />• Monies in any account created in the resolution may be invested in authorized investments
<br />which mature not later than 15 days prior to the dates on which the monies will be needed for
<br />the purpose of such fund. Investments authorized pursuant to the resolution include direct
<br />obligations of the U.S. Government and bonds, debentures or notes backed by the full faith and
<br />credit of the U.S. Government.
<br />C. Annual Debt Service Payments - Enterprise Fund Bonds Payable
<br />The annual debt service payments to amortize the bonds payable outstanding at September 30, 1995, are
<br />as follows:
<br />Fiscal Year
<br />Ending
<br />Sptember 30.
<br />19%
<br />1997
<br />1998
<br />1999
<br />2000
<br />2001-2005
<br />2006-2010
<br />2011.2015
<br />2016.2020
<br />2021.2025
<br />Totals
<br />Less: Amounts repre-
<br />senting interest
<br />Total Bonds Payable
<br />Leu: Current portion
<br />Unamortized
<br />bond discount
<br />Primary Government
<br />Component
<br />Reporting
<br />1fIIit
<br />lEafiU
<br />Solid Waste
<br />Recreational
<br />Water and
<br />Disposal
<br />(Golf Course)
<br />Sewer
<br />System
<br />Refunding
<br />Revenue
<br />Revenue
<br />Revenue
<br />Refunding
<br />Housing
<br />Bands
<br />Ennds
<br />Bunds
<br />Tstal
<br />Authori
<br />TQtal
<br />$937,215
<br />$732,918
<br />$3,655,934
<br />$5,326,067
<br />$219,474
<br />$5,545,541
<br />938,355
<br />732,417
<br />3,636,828
<br />5,307,600
<br />219,774
<br />5,527,374
<br />935,575
<br />730,818
<br />3,617,215
<br />5,283,608
<br />219,054
<br />5,502,662
<br />939,375
<br />733,517
<br />3,599,335
<br />5,272,227
<br />219,324
<br />5,491,551
<br />938,%5
<br />729,972
<br />3,582,440
<br />5,251,377
<br />219,574
<br />5,470,951
<br />1,878,995
<br />3,671,603
<br />15,701,790
<br />21,252,388
<br />1,097,950
<br />22,350,338
<br />-
<br />3,666,095
<br />15,707,385
<br />19,373,480
<br />1,096,450
<br />20,469,930
<br />-
<br />3,657,500
<br />15,709,125
<br />19,366,625
<br />1,095,670
<br />20,462,295
<br />-
<br />493,500
<br />15,703,638
<br />I im.000
<br />16,197,138
<br />11,093.000
<br />1,024,390
<br />225.842
<br />17,221,528
<br />6,568,480
<br />15,148,340
<br />92,006,690
<br />113,723,510
<br />5,637,502
<br />ILUB,Q
<br />119,361,012
<br />1.548.480
<br />5,020,000
<br />5,823.340
<br />9,325,000
<br />44,431,690
<br />47,575,000
<br />51.803.510
<br />61,920,000
<br />_690-102
<br />4,947,400
<br />JL42=
<br />66,867,400
<br />580,000
<br />280,000
<br />309.577
<br />1,165,000
<br />1,697.530
<br />2,025,000
<br />2,007.107
<br />170,000
<br />2,195,000 1
<br />2.007.107
<br />UA=
<br />LLZ&Q
<br />41
<br />199,U=
<br />S 57M
<br />S 4,777-400
<br />`
<br />
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