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' Indian River County, Florida
<br /> Statement of Net Assets
<br /> ' September 30, 2003
<br /> Primary Government
<br /> Governmental Business-type Component
<br /> Activities Activities Total Unit
<br /> ASSETS
<br /> Current assets :
<br /> Cash and cash equivalents $ 139 , 321 , 005 $ 459609 , 296 $ 184 , 930 , 301 $ 130 , 472
<br /> ' Accounts receivable - net 1 , 127 , 797 2 , 2941370 3 , 422 , 167 7 , 073
<br /> Internal balances 5775719 ( 577 , 719 )
<br /> Due from other governments 61527 , 421 897 , 528 75424 , 949 10 , 990
<br /> Interest receivable 461 , 560 7883555 11250 , 115
<br /> ' Inventories 132 , 953 6699091 802 , 044
<br /> Current restricted assets :
<br /> Restricted cash and cash equivalents 3 , 3561697 4457823130 48 , 138 , 827 1 , 040 , 872
<br /> Investments 5835790 583 , 790
<br /> ' Impact fees receivable 1 , 2551129 112559129
<br /> Special assessments receivable 5 , 509 , 498 5 , 509 , 498
<br /> Total current assets 151 , 5055152 101 , 811 , 668 253 , 316 , 820 1 , 189 , 407
<br /> Non -current assets :
<br /> Special assessments receivable 43 ,255 - 439255
<br /> ' Liens receivable 113 , 420 113 , 420
<br /> Unamortized bond costs 856 , 165 8569165
<br /> Intangible assets - 124 , 750 124 , 750
<br /> Deposits 130 , 685 12000 1315685 894
<br /> ' Capital assets - non-depreciable 127 , 242 , 500 3794373160 1643679 , 660 4303496
<br /> Capital assets - depreciable 256 , 9719069 245 , 951 , 896 50259225965 9 , 312 , 725
<br /> Capital assets - accumulated depreciation ( 122 , 684 , 280 ) (925863 , 772 ) ( 215 , 548 , 052 ) ( 3 , 589 , 194 )
<br /> Total non -current assets 2617703 , 229 1917620 , 619 453 , 3231848 621547921
<br /> Total assets 4137208 , 381 293 , 432 , 287 706 , 6407668 7 , 344 , 28
<br /> LIABILITIES 3
<br /> Current liabilities (payable from current assets) :
<br /> Accounts payable 8 , 3655893 15185 , 711 9 , 551 , 604 10 , 399
<br /> Claims payable 45581 , 000 4 , 581 , 000
<br /> Due to other governments 2693378 18 , 501 287 , 879
<br /> Other deposits held in escrow 372 , 039 372 , 039 -
<br /> ' Deferred revenues 209 , 967 25 , 757 235 , 724
<br /> Accrued compensated absences 378 , 000 1005000 47800
<br /> Capital leases 2379374 237 , 374
<br /> Current liabilities (payable from current restricted assets) :
<br /> Accounts payable 887 , 555 887 , 555
<br /> ' Retainage payable 1 , 087 , 505 1683388 15255 , 893 -
<br /> Accrued interest payable 149 , 192 356 , 400 505 , 592 4 , 260
<br /> Closure and maintenance costs payable 7 , 211 , 362 752119362
<br /> Customer deposits - 2 , 3525561 2 , 3529561 41 ,492
<br /> ' Bonds payable 2 , 120 , 000 292505000 41370 , 000 1849000
<br /> Total current liabilities 17 , 770 , 348 14 , 5565235 327326 , 583 240 , 151
<br /> Non-current liabilities :
<br /> Accrued compensated absences 3 , 3945643 549 , 978 3 , 9441621
<br /> ' Capital leases 180 , 144 180 , 144
<br /> Bonds payable 3195955000 749921 , 086 1061516 , 086 3 , 3541400
<br /> Total long-term liabilities 35 , 169 , 787 75 , 471 , 064 110, 640 , 851 3 , 3545400
<br /> Total liabilities 52 , 940 , 135 9027 , 299 1423967 , 434 3 , 594 , 551
<br /> ' NETASSETS
<br /> Invested in capital assets, net of related debt 227 , 7959289 113 , 354 , 198 3415149 ,487 2 , 615 , 627
<br /> Restricted for:
<br /> Capital projects 3955379779 42 , 783 , 994 82 , 321 , 773
<br /> Debt service 19039 , 359 187 , 500 1 , 226 , 859 44 , 355
<br /> Road projects 51 , 1729195 51 , 172 , 195
<br /> Other purposes 20 , 3345379 - 20 , 3345379 9555025
<br /> Unrestricted 202389 , 245 47 , 079 , 296 67 , 468 , 541 1345770
<br /> ' Total net assets $ 360 , 268 , 246 $ 203 , 404 , 988 $ 563 , 673 , 234 $ 3 , 749 , 777
<br /> ' The accompanying notes are an integral part of the financial statements .
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