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Indian River County, Florida
<br /> Statement of Net Assets
<br /> Proprietary Funds
<br /> September 30, 2002
<br /> Business-type Activities-
<br /> Enterprise Funds Governmental
<br /> Solid Waste Other Activities
<br /> Disposal Golf County Enterprise Internal
<br /> District Course Utilities Funds Total Service Funds
<br /> ASSETS
<br /> Current assets :
<br /> Cash and cash equivalents $ 892355606S 60 , 489 $ 28 , 022 , 396 $ 37588 , 035 $ 3999065526 $ 79284 , 916
<br /> Accounts receivable - net 2135241 1 , 137 2 , 100 , 047 2 , 314 , 425 58 , 534
<br /> ' Due from other funds 735351 73 , 351
<br /> Due from other governments 91000 99000 63 , 287
<br /> Interest receivable 839 , 459 839 , 459
<br /> Inventories - 53 , 236 594 , 871 25 , 979 6745086 72 , 382
<br /> Deposits - 125 125 402
<br /> Total current assets 8 , 5221198 123 , 862 31 , 556 , 773 3 , 614 , 139 43 , 8165972 75479 , 521
<br /> Restricted assets :
<br /> Cash and cash equivalents 10 , 1821480 44 , 031 27 , 442 , 382 107 , 440 37 , 776 , 333
<br /> Investments 5399576 5395576
<br /> Impact fees receivable _ - 1 , 706 , 650 1 , 706 , 650
<br /> Special assessments receivable 4 , 209 , 314 4 , 2099314
<br /> Total restricted assets 10 , 182 , 480 583 , 607 33 , 358 , 346 107 , 440 44 , 231 , 873
<br /> Non -current assets :
<br /> Liens receivable 113 , 420 _ 113 , 420
<br /> Unamortized bond costs 100 , 949 7983004 898 , 953
<br /> Intangible assets 89 , 617 609000 149 , 617
<br /> Capital assets :
<br /> Property, plant and equipment 24 , 3115191 99057 , 519 2321563 , 338 11708 , 361 2675640 , 409 455 , 070
<br /> Less : Accumulated depreciation 7 , 384 , 253 13617 , 040 73 , 1699744 2669776 829437 , 813 4291276
<br /> Total non -current assets 17 , 016 , 555 _ 77541 , 428 1603365 , 018 15441 , 585 186 , 364 , 586 257794
<br /> Total assets 35 , 721 , 233 81248 , 897 225 , 280 , 137 5 , 163 , 164 274 , 413 , 431 7 , 505 , 315
<br /> LIABILITIES
<br /> Current liabilities (payable from current assets) :
<br /> Accounts payable 706 , 399 151 , 916 4695536 525814 1 , 380 , 665 2675919
<br /> Claims payable - 412613000
<br /> Due to other governments 99360 5 , 931 4 , 780 20 , 071
<br /> Deferred revenues 23 , 034 239034
<br /> Total current liabilities (payable from
<br /> current assets) 706 , 399 1845310 4753467 57 , 594 1 , 4239770 45528 , 919
<br /> Current liabilities (payable from restricted assets) :
<br /> Accounts payable - 653 , 702 653 , 702
<br /> Retainage payable 52 , 110 383 , 039 435 , 149
<br /> Accrued interest payable 299882 335 , 166 3655048
<br /> Bonds payable - 375 , 000 197659000 2 , 140 , 000
<br /> Closure and maintenance costs payable 6 , 775 , 168 6 , 775 , 168
<br /> Customer deposits 60 , 200 1 , 851 , 290 1075440 25018 , 930
<br /> Total current liabilities (payable from
<br /> restricted assets) 65887 , 478 404 , 882 4 , 988 , 197 1075440 12 , 387 , 997
<br /> Non-current liabilities :
<br /> Accrued compensated absences 112 , 289 651496 327 , 009 925692 5971486 59 , 238
<br /> Advance from other funds 6253000 w 625 , 000
<br /> Bonds payable - net of unamonized discount 65528 , 617 7035299338 - 77 , 057 , 955
<br /> Total non -current liabilities 1125289 7 , 219 , 113 701856 , 347 92 , 692 78 , 280 , 441 595238
<br /> Total liabilities 7 , 706 , 166 7 , 808 , 305 76 , 320 , 011 257 , 726 92 , 0925208 4 , 588 , 157
<br /> NETASSETS
<br /> Invested in capital assets, net of related debt 16 , 9267938 536 , 862 877099 , 256 1 , 4415585 106 , 004 , 641 255794
<br /> Restricted for:
<br /> Debt service 31 ,250 147 , 083 1787333
<br /> Capital projects 31 , 0005818 31 ,000 , 818
<br /> Unrestricted 111088 , 129 ( 127, 520) 30 , 7129969 33463 , 853 45 , 137 ,431 2 , 891 , 364
<br /> Total net assets $ 28 , 015 , 067 $ 440 , 592 $ 148 , 960 , 126 $ 4 , 905 , 438 $ 182 , 321 , 223 $ 2 , 917
<br />, 158
<br /> The accompanying notes are an integral part of the financial statements .
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