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Indian River County, Florida <br />Notes To Financial Statements <br />Year Ended September 30, 2007 <br />NOTE 1— SUMMARY OF SIGNIFCANT ACCOUNTING POLICIES — Continued <br />A. Reporting Entity — Continued <br />Blended Component Units <br />Solid Waste Disposal District (SWDD) — Created pursuant to County Ordinance 87-67, the Board of <br />County Commissioners serves as the Board for the SWDD and sets the non ad valorem assessment fees <br />for the SWDD. Although legally separate, the SWDD is appropriately blended as a proprietary fund <br />type (enterprise) component unit into the primary government. <br />Emergency Services District (EMS) — Created pursuant to County Ordinance 90-25, the Board of <br />County Commissioners serves as the Board for the EMS and sets the millage rate for the EMS. <br />Although legally separate, the EMS is appropriately blended as a governmental fund type (special <br />revenue) component unit into the primary government. <br />Discretely Presented Component Unit <br />Indian River County Housing Authority (IRCHA) — Created pursuant to Chapter 421, Florida Statutes, <br />the IRCHA, whose Board is appointed by the State of Florida, provides subsidized public housing in <br />accordance with federal legislation. The County provides the primary funding for the operations of the <br />IRCHA, maintains budgetary control over the operating costs of the IRCHA, and provides use of <br />certain furniture and equipment at no charge. Appropriations from the County totaled $222,422 and the <br />related actual operating costs totaled $195,479 for the fiscal year. Since the IRCHA is fiscally <br />a� dependent on the County, it has been reported in a separate column in the government -wide financial <br />statements to emphasize that it is legally separate from the government. <br />Ae Separate financial statements for the Indian River County Housing Authority are available in the <br />administrative office located at 1028 20th Place, Vero Beach, Florida 32960. <br />Be Measurement Focus And Basis Of Accounting <br />The basic financial statements of the County are composed of the following: <br />• Government -wide financial statements <br />• Fund financial statements <br />• Notes to the financial statements <br />4 <br />43 <br />