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sections covers infrastructure for the past 20 years and thanked Public Works Director Jim <br />Davis for his invaluable assistance. Most of the required figures were readily available <br />because of Director Davis' detailed record-keeping. He also thanked the other constitutional <br />officers for their assistance in providing the information for their offices. <br />He continued that the Report is submitted for review and, if you qualify, an award is <br />presented. Indian River County has received this award for 18 years in a row. Also the <br />County's Budget Office has received such an award for the past 10 years. These awards are <br />of great assistance in the financial markets when the County is quoted interest rates. He <br />thanked his staff and introduced Finance Director Ed Fry to go over the highlights of the <br />Report. <br />Finance Director Ed Fry noted that 3 new requirements are included in this year's <br />Report: (1) a management discussion and analysis which is now required; (2) reporting on <br />infrastructure assets; and (3) government -wide financial statements. He went briefly through <br />the sections of the Report and thanked the Board's staff for their assistance and the <br />Recreation Department for the pictures used in the Report. He also thanked his staff in the <br />Finance Department for their hard work. <br />NO ACTION REQUIRED OR TAKEN <br />APRIL 16, 2002 <br />COMPREHENSIVE ANNUAL FINANCIAL REPORT <br />FOR THE FISCAL YEAR ENDING 09/30/01 IS ON <br />FILE IN THE OFFICE OF THE CLERK TO THE BOARD <br />-24- <br />