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• <br />1. <br />7.A. Reports <br />The following report was received and placed on file in the Office of the Clerk to the <br />Board: <br />Sheriff's DUI Impoundment and Immobilization Trust Fund <br />Report for 4' Quarter of FY 2002. <br />NO ACTION REQUIRED <br />7.B. Clerk of Circuit Court- Constitutional Officers Financial Report <br />for FY Ending 09/30/02 <br />The Board reviewed a letter of October 22, 2002: <br />October 22, 2002 <br />The Honorable Board of County Comissioners ` ` E C E �" E 0 <br />m <br />Indian River County OCT 2 4 2002 <br />1840 25th Street <br />Vero Beach, Florida 32960 CLERK TO THE BOARD <br />Dear Commissioners: <br />Pursuant to Section 218.36, Florida Statutes, the Clerk of the Circuit Court, Indian River <br />County, Florida, respectfully submits the Constitutional Officers Financial Report for the <br />fiscal year ending September 30, 2002. <br />The excess fees were greater than we anticipated because the recording fees far exceeded <br />what we budgeted. When we prepared the budget in August of 2001, we anticipated a <br />slow down in the economy with a corresponding slow down in construction. The decline <br />in interest rates and the strong construction over the past year resulted in significantly <br />higher recording fees. We anticipated recording fees of $669,000 and actually received <br />more than $1,000,000. <br />My check for $579, 479.45 was hand delivered on October 22, 2002. This check <br />represents excess fees and unexpended funds. <br />Sincerely, <br />Jeffrey K. Barton-) <br />Clerk of Circuit Court <br />November 5, 2002 <br />• <br />5 <br />1 <br />54, <br />