|
' Indian River County, Florida
<br /> Notes To Financial Statements
<br /> ' Year Ended September 30, 2003
<br /> ' NOTE 12 - LONG-TERM LIABILITIES - Continued
<br /> E. Compensated Absences
<br /> ' Governmental activities compensated absences are paid by the fund which normally pays the personal services costs
<br /> of the employee, either the General Fund, the Transportation Fund, the Secondary Roads Fund or the Emergency
<br /> Services District Fund
<br /> F. Changes in Long-term Liabilities
<br /> ' Long-term liability activity for the year ended September 30 , 2003 , was as follows :
<br /> ' Beginning Ending Due Within
<br /> Balance Additions Retirements Balance One Year
<br /> Governmental Activities :
<br /> ' Bonds payable: -
<br /> General Obligation Bonds - 1995 Series $ 95290,000 $ - $ (912903000)
<br /> General Obligation Bonds - 2001 Series 10,520,000 (595 ,000) 999259000 6107000
<br /> ' Spring Training Facility Revenue Bonds -
<br /> - Series 2001 16,4505000 (460,000) 155990,000 475 ,000
<br /> General Obligation Refunding Bonds- 2003 Series - 7,8009000 - 75800,000 1 ,0355000
<br /> Total bonds payable 36,260,000 7,8009000 ( 10,3453000) 33 ,715 ,000 23120,000
<br /> Other liabilities :
<br /> Compensated absences 336382116 4697527 (3355000) 39772,643 3735000
<br /> Capital leases 754,009 (336,491 ) 4175518 255 ,779
<br /> Total other liabilities 49392, 125 4695527 (671 ,491 ) 4, 1905161 6283779
<br /> Governmental activities longwterm liabilities $ 409652, 125 $ 8 ,2695527 $ ( 11 ,0169491 ) $ 37,9053161 $ 237489779
<br /> Business type Activities :
<br /> Bonds payable:
<br /> ' Recreational Refunding Revenue Bonds
<br /> - Series 1993 $ 7, 110,000 $ - $ (3753000) $ 6, 7353000 $ 3953000
<br /> Water & Sewer Refunding Revenue Bonds
<br /> ' - Series 1993A 399575 ,000 - ( 1 ,0059000) 3895705000 130559000
<br /> Water & Sewer Revenue Bonds
<br /> - Series 1996 345950,000 - (7605000) 349190,000 8009000
<br /> 81 ,635 ,000 - (271407000) 795495 ,000 29250,000
<br /> Less : Unamortized bonds discount 2,4371045 - 1139131 293235914 -
<br /> Totals bonds payable 799197,955 0 (2,0269869) 77, 171 ,086 2 ,250,000
<br /> Other liabilities :
<br /> Compensated absences 5973486 1529492 ( 1005000) 649,978 100,000
<br /> ' Total other liabilities 597,486 1529492 ( 100,000) 6493978 1005000
<br /> Business-type activities long-term
<br /> liabilities $ 799795,441 $ 152,492 $ 211263869) $ 7738215064 $ 233505000
<br /> 77
<br />
|