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Indian River County, Florida <br /> Notes To Financial Statements <br /> Year Ended September 30 , 2007 <br /> NOTE 2 - RECONCILIATION OF GOVERNMENT -WIDE AND FUND FINANCIAL <br /> STATEMENTS - Continued <br /> A. Explanation of Differences Between the Governmental Fund Balance Sheet and the <br /> Government-wide Statement of Net Assets - Continued <br /> Accrued interest revenues <br /> Some interest revenues are not recognized in the current period because the resources are not available ; <br /> therefore , these revenues are not reported in the fund . <br /> Accrued interest revenues 1 305 336 <br /> Elimination of interfund receivables/payables <br /> Interfund receivables and payables in the amount of $ 2 , 007 , 077 between governmental funds must be <br /> eliminated for the statement of net assets . <br /> w 55 <br />