HomeMy WebLinkAbout2004-275 �l RECEIVED
JEFFREY K . BARTON NOV - 8 2004
Clerk of Circuit Court BOARD Or COUNTY z 00�
P. O . Box 1028 COMMISSION 4
Vero Beach , Florida 32961 - 1028
Telephone : ( 772 ) 770- 5185
October 21 , 2004
The Honorable Board of County Commissioners
Indian River County
1840 25th Street
Vero Beach , Florida 32960
Dear Commissioners :
Pursuant to Section 218 . 36 , Florida Statutes , the Clerk of the
Circuit Court , Indian River County , Florida , respectfully submits
the Constitutional Officers Financial Report for the fiscal year
ending September 30 , 2004 .
The excess fees were greater than we anticipated because the recording
fees far exceeded what we budgeted . When we prepared the budget in
August of 2004 , we anticipated a slow down in the number of refinancings
and a slow down in construction . However , the low interest rates
and the strong construction over the past year resulted in
significantly higher recording fees . We anticipated recording
fees of $ 915 , 000 and actually received $ 1 , 237 , 000 .
My check for $ 896 , 495 will be hand delivered to the Indian River
County Board of County Commissioners . This check represents excess
fees and unexpended funds .
Sincerely ,
Jeffrey K . Barton
Clerk of Circuit Court
JKB / cj c