2008-085A - Laserfiche WebLink

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Indian River County , Florida Management ' s Discussion and Analysis For the Year Ended September 30 , 2007 combined into a single , aggregated presentation . Individual fund data for each of these non-major governmental funds is provided in the form of combining statements located behind the notes to the financial statements . The combining statements referred to earlier in connection with nonmaj or governmental funds and internal service funds can be found on pages 102- 161 of this report . The County adopts an annual appropriated budget for its general fund . A budgetary comparison statement has been provided for the general fund to demonstrate compliance with this budget. The basic governmental fund financial statements can be found on pages 20 - 31 of this report . Proprietary funds The County maintains two different types of proprietary funds . Enterprise funds are used to report the same functions presented as business-type activities in the government-wide financial statements . The County uses enterprise funds to account for its water and sewer utility , solid waste disposal district, shooting range , golf course , and building department. Internal service funds are an accounting device used to accumulate and allocate costs internally among the County ' s various functions . The County uses internal service funds to account for its fleet management, self insurance , and geographic information systems . Because these services predominantly benefit governmental rather than business -type functions , they have been included within governmental activities in the government-wide financial statements . Proprietary funds provide the same type of information as the government-wide financial statements , only in more detail . The proprietary fund financial statements provide separate information for the water and sewer utility , solid waste disposal district and golf course , which are considered to be major funds of the County . Conversely , internal service funds are combined into a single , aggregated presentation in the proprietary fund financial statements . Individual fund data for the internal service funds is provided in the form of combining statements behind the notes to the financial statements . The basic proprietary fund financial statements can be found on pages 33 - 39 of this report . Fiduciary funds Fiduciary funds are used to account for resources held for the benefit of parties outside the government. Fiduciary funds are not reflected in the government-wide financial statements because the resources of those funds are not available to support the County ' s own programs . The accounting used for fiduciary funds is much like that used for proprietary funds . The basic fiduciary fund financial statement can be found on page 40 of this report . Notes to the financial statements The notes provide additional information that is essential to a full understanding of the data provided in the government-wide and fund financial statements . The notes to the financial statements can be found on pages 41 - 96 of this report . 5