St. Lucie West Services District

FINAL BUDGET
FOR FISCAL YEAR ENDED
SEPTEMBER 30, 2016

July 28, 2015

Honorable Harvey Cutler, Chairman and Members of the Board of Supervisors St. Lucie West Services District
450 SW Utility Drive
Port St. Lucie, FL 34986

RE:		St. Lucie West Service District FY 2015-2016 Proposed Annual Budget and FY 2016-2020 Capital Improvement Plan

Dear Honorable Chairman and Supervisors:

I am pleased to present the annual budget for FY 2015-2016 and the FY 2016-2020 Capital Improvement Plan.

The attached budget addresses the operations and maintenance, debt service and capital improvement requirements for both the Utility operations, General, Capital Project and Debt Service Funds of the District.

Many improvements were accomplished or encumbered in Fiscal Year 2014-2015 and some of the major projects that were completed in FY 2015 were:

Several lift stations were rehabilitated with fencing, driveways and projected to replace two lift station electrical panels in FY 2015. The lift station restoration project effort will be continued throughout the next several years to ensure that all lift stations are upgraded.
The Storm Water Improvement Projects have continued and the Basin 2C/3B interconnect project is complete.
The Wetland #1 vertical relocation project is expected to start in late April early May of 2015 and is expected to be fully operation by the end of FY2015.
The Water Treatment Plant High Service Expansion Project is near completion by Wharton-Smith and is expected to be fully operation by the end of FY2015.
The Wastewater Treatment Plant Expansion was awarded to Wharton-Smith and under construction, planned completion August 2015.
The Lake Ernie Pump Station Phase I and II are complete and expect final Phase III to be complete by the end of FY 2015.

450 S.W. Utility Drive ● Port St Lucie, FL 34986 ● Office (772) 340-0220 ● Fax (772) 871-5771

Fiscal Year 2015-2016 reflects positive account activity trends and the recent Refunding of Bonds have placed the District in a better financial position. The refinancing of bonds over the past three years has saved the District over
$24,000,000 in debt service while not extending the terms. The District has not raised the Utility Rates since 2009-10FY due to efficient budgeting and innovative cost saving measures, the proposed budget reflects no increase for the 2016FY.

The budget for FY 2015-2016 continues with the five year forecasting of the District’s financial needs. Looking out over five years, rather than just the upcoming budget year, shows the impact of the immediate operating budget and the effect on the District’s future fiscal health. Immediate decisions, such as whether to spend from our fund balance to pay for a project, can now be aided by a longer-term perspective.

Trends in the General Fund revenues, expenditures and reserves are depicted in the left graph, while Unreserved Fund Balance, as a percentage, is depicted in the right graph.

General Fund

$4,500,000

$4,000,000

$3,500,000

$3,000,000

$2,500,000

$2,000,000

$1,500,000

$1,000,000

$500,000

$‐

FY 2014	FY 2015	FY 2016	FY 2017	FY 2018	FY 2019	FY 2020
Total Revenues	Total Expenses	Unreserved Fund Balance

Unreserved Fund Balance as a % of Total Expenditures

140%

120%

100%

80%

60%

40%

20%

0%
FY 2014	FY 2015	FY 2016	FY 2017	FY 2018	FY 2019	FY 2020

Trends in the Utility Fund revenues, expenditures and reserves are depicted in the left graph, while Unreserved Fund Balance, as a percentage, is depicted in the right graph.

$12,000,000

Utility Fund

90%

Unreserved Utility Fund Balance as a % of Total
Expenditures

$10,000,000

80%

70%

$8,000,000

60%

$6,000,000

50%

40%

$4,000,000

30%

$2,000,000

20%

10%

$‐

FY 2014

FY 2015	FY 2016

FY 2017

FY 2018

FY 2019

FY 2020

0%

Total Revenues

Total Expenses

Total Operating Expenses

Unreserved Fund Balance

FY 2014

FY 2015

FY 2016

FY 2017

FY 2018

FY 2019

FY 2020

The District has a five year Utility and General Fund Capital Improvement Plan (CIP). By planning for capital needs over a five-year period the District will be able to see what the upcoming needs are, and what resources will be available to meet those needs. The Capital Improvement Plan (CIP) is broken down into four categories; the General Fund Renewal and Replacement Fund, Utility Renewal and Replacement Fund, Water Connection Fee Fund, and Wastewater Connection Fee Fund during the five-year period. You will find a brief description, cost breakdown and source of funding for each of the projects identified in the FY 2016-2020 CIP Plan. The CIP worksheets contain projects that have been identified by the District office and Utility plant management teams. A significant number of these projects and related dollars have been identified as Utility Renewal & Replacement projects (approximately
$1,025,794). According to the Bond indenture, 5% of the previous year’s revenues are required to be transferred to the R&R fund from the Revenue (operating) Fund to be spent for this purpose. Ultimately the additional requested funds come out of the Utilities Revenue Fund. The Utility Renewal and Replacement Fund reflects a fund balance over $370,000 for FY 2016. The General Fund Renewal and Replacement Fund reflects $1,653,333 in stormwater improvement projects with a fund balance over $90,000.

We are currently in the process of completing a Revenue Sufficiency Analysis. This study is very important to aid in the adoption of rate increases in the upcoming years. In order to be able to continue with the CIP effort, the District’s Utility system may need to provide additional revenues to fund future projects.

I believe the Department Heads and Staff have tried to address the concerns of the Board and have been diligent in keeping expenditures down while providing quality service to the residents throughout the year. I would like to thank the Staff for all their hard work in addressing these major issues.

We respectfully submit the FY 2015-2016 budget for your review and consideration.

Sincerely,

Dennis M. Pickle
Dennis M. Pickle District Manager

ST. LUCIE WEST SERVICES DISTRICT
FY 2015/2016 BUDGET

TABLE OF CONTENTS

Budget Summary
Budget Summary…	1
General Fund
General Fund Budget Overview…	2
General Fund Revenues & Expenditures…	4
General Fund Budget Summary	6
General Fund Five-Year Operating Forecast.	7
General Fund Renewal & Replacement Summary	12
General Fund Budget Account Descriptions and Assumptions…	13
Water & Sewer Fund
Water & Sewer Fund Budget Overview…	22
Water & Sewer Fund Revenues & Expenditures…	24
Water & Sewer Fund Budget Summary.	26
Water & Sewer Fund Five-Year Operating Forecast…	27
Water & Sewer Fund Account Descriptions and Assumptions.	32
Water & Sewer Fund Capital Funding Revenue & Expenditures.	42
Water & Sewer Fund Renewal & Replacement Fund…	43
Water & Sewer Fund Water Connection Fee Fund…	44
Water & Sewer Fund Wastewater Connection Fee Fund.	45
Water & Sewer Fund Construction Fund (Bond Proceeds)…	46
Other Funds
Debt Service Fund – Water Management Benefit Series 2013 & 2014 Five-
Year Operating Forecast…	47
Debt Service Fund – Cascades Series 2010 Five-Year Operating Forecast…	48

BUDGET SUMMARY
St. Lucie West Services District - Fiscal Year 2015-2016

ESTIMATED	GENERAL	DEBT	CAPITAL	UTILITY	CONNECTION	TOTAL ALL	
REVENUES	FUND	SERVICE	PROJECTS	FUNDS	FEE FUNDS	FUNDS	

Non-Ad Valorem Special Assessment	$111 per ERU
Non-Ad Valorem WMB Assessment	$186 per ERU Until 2025

$ 2,002,042

$ 2,002,042

Non-Ad Valorem Cascades Bonds Assessment	$180 per ERU Until 2018

$ 211,040

$	211,040

Storm Water Drainage Fees	$ 1,689,615			$ 1,689,615	
Special Assessments	$ 1,130,890			$ 1,130,890	
City Special Assessment for Bond	$	400,000			$	400,000	
Other General Fund Revenues	6,859			$	6,859	
Utility Rate Revenues			$ 8,779,230	$ 8,779,230	
Other Utility Fund Revenues			$	58,052	$	58,052	
General Fund R&R		$	167,010		$	167,010	
Utility Fund R&R		$	-	
Utility Construction Fund	$	-	$	-	
Water Connection Fee Fund	$	247,344	$	247,344	
Wastewater Connection Fee Fund	$	7,275	$	7,275	
TOTAL SOURCES	$ 3,227,363	$ 2,213,082	$	167,010	$ 8,837,282	$	254,619	$ 14,699,356	
Transfer In		392,649	$	683,284			$ 1,075,933	
Fund Balance/Reserves/Net Assets	$ 2,441,248	$ 402,440	$ 2,233,180	$ 5,073,032	$	430,828	$ 10,580,728	
TOTAL REVENUES,
TRANSFERS IN & BALANCES	
$ 5,668,611	
$ 3,008,171	
$ 3,083,474	
$ 13,910,314	
$	685,447	
$ 26,356,017	
							
EXPENDITURES							
General Fund	$ 2,702,387	$ 392,649				$ 3,095,036	
General Fund R&R			$ 1,653,333			$ 1,653,333	
Utility Operating Fund				$ 5,617,782		$ 5,617,782	
Debt Service		$ 2,175,185		$ 2,525,431		$ 4,700,616	
Utility Fund R&R			$ 1,025,794			$ 1,025,794	
Water Connection Fee Fund					$	415,000	$	415,000	
Wastewater Connection Fee Fund					$	-	$	-	
						$	-	
TOTAL EXPENDITURES	$ 2,702,387	$ 2,567,834	$ 2,679,127	$ 8,143,213	$	415,000	$ 16,507,561	
Transfer Out	$	456,544			$	626,740		$ 1,083,284	
TOTAL EXPENDITURES AND TRANSFERS OUT	$ 3,158,932	$ 2,567,834	$ 2,679,127	$ 8,769,953	$	415,000	$ 17,590,845	

NET ENDING BALANCES	
$ 2,509,679	
$ 440,337	
$	404,347	
$ 5,140,361	
$	270,447	
$ 8,765,172	

ST. LUCIE WEST SERVICES DISTRICT
GENERAL FUND BUDGET OVERVIEW
Budget Discussion

The budget is an annual process that involves the Board of Supervisors, the District Manager and staff, operations and billing personnel, engineers and others. This process must first consider anticipated revenues we will receive from operations so as to determine the resources available to be budgeted. First claim on the resources will be the essential costs necessary for the proper operation and maintenance of the general fund operations. Any remaining funds may then be utilized for the capital improvement program and remaining needs.

In the Governmental Funds, separate accounting funds are set up for the bonded debt service and proceeds from bond issues. There are three such funds at St. Lucie West Services District. These three funds are shown on the last three pages of this budget. Separate assessments on the District property owners are assigned exclusively for the Water Management Benefit Series 2013 and the Cascades Series 2010 Debt Service Funds. The proceeds of these assessments can be used for no other purpose than the debt service of these two bond issues. The District recently refunded the Water Management Benefit Series 2010 bond at a savings of $24.00 per ERU per year through 2025 the total savings was $6,488,000 and did not extend the term.

We have divided the general fund budget into two parts: the operating budget and the capital budget.

The capital budget is for infrastructure improvements, system expansion to handle customer growth, renewal and replacements, service extensions, additions, or extraordinary repairs. The addition of a Renewal and Replacement Fund will be utilized to fund these projects.

We anticipate finishing the current fiscal year with a deficit due to the transfer of unrestricted funds to the General Fund R&R fund for the 4E to 5 Canal Project. We are budgeting for a surplus in FY 2016. The General Fund for both FY 2015 and 2016 will have a fund balance exceeding a million dollars. This also means that the District will have sufficient cash flow to carry operating costs until the General Fund starts receiving revenue from the maintenance assessments in November and the Storm Water Fees from the City of Port St. Lucie in January.

Certain decisions, especially in the capital improvement program, made during the budget process have an impact which extends to multiple fiscal years and not only the year for which the budget is approved. In order to demonstrate this impact, five (5) year forecasts have been developed for each system for both the operating and capital budgets.

Assumptions Used in Preparing the Budget

Inflation – The following inflationary rates are utilized; for the regular salaries line item this year we are proposing an Equalization Funding Program of a $1,000 increase to all employees the second pay period in October. The U.S. Bureau of Labor Statistics Consumer Price Index - All Urban Customers, U.S. City Average, Services, for most other line items, where applicable, a general inflationary rate of 2% is utilized. There are some exceptions such as health insurance 10% this year, and liability insurance 5% this year for which national projections call for continuing increases. Energy costs are expected to grow at an inflation rate of 2% as well.

Rate Adjustment – The Special Assessment rate of $111.00 per ERU proposed within this year’s budget for FY 2016 reflects no increase over the FY 2015.

The ERU numbers are expected to remain the same in FY 2016. We expect revenues in most categories to remain the same per year for each of the next five years. Fiscal years 2017, 2018, 2019 and 2020 reflect no increase in assessments at this time.

Capital Improvement Program

The capital improvement program has several items for your review. In a continuation of the previous years funding practices for capital items, we are proposing to pay for the capital items directly rather than financing the purchase over a number of years. The typical interest rates charged for lease financing are significant, and therefore the District can save a significant amount by purchasing the items. All equipment purchase will be paid for outright at the time of purchase.

A summary of the funding sources for all system capital projects budgeted in FY 2016 are as follows: The Aquatics Division is not requesting any Capital purchases at this time; The Storm Water Division is requesting a Kubota Zero turn mower replacement; The Exotic Plant Removal Division is requesting an ATV and Dump Truck replacement. The General Fund Renewal and Replacement Fund Project is for emergency storm water projects in the amount of $113,333 and the Lake Harvey stormwater project in the amount of $440,000. There are two other major projects planned for 2015 FY the 2C Wetland Vertical Relocation and Storage Project and the 4E Basin to 5 Basin interconnect project in the amount of $1,100,000. The list of capital R&R items total $1,653,333 in the General Fund for FY 2016 and will leave a fund balance of over $90,000.

Project Maintenance Fees 0.20%
Interest 0.00%

Permit Fees 0.00%

City Special Assessment for Stormwater Bond Payment 12.39%

Miscellaneous Fees 0.01%

Special Assessments 35.04%

Storm Water Drainage Fees 52.35%

TOTAL REVENUES	$	3,227,363

PERCENT
 	TOTALS	 	REVENUES	

Storm Water Drainage Fees	1,689,615	52.35%	
Special Assessments	1,130,890	35.04%	
City Special Assessment for Stormwater Bond Payment	400,000	12.39%	
Interest	13	0.00%	
Project Maintenance Fees	6,425	0.20%	
Permit Fees	0	0.00%	
Miscellaneous Fees	 	420 	 	0.01%	
TOTAL OPERATIONAL REVENUE	$	3,227,363	100.00%	
GENERAL FUND PRIOR YEARS BALANCE	$	2,441,248		

1%		0%	
2% 3%	12%		
2%			
5%			

TOTAL EXPENDITURES	$	3,158,932

1%

0%

1%

0%

Aquatics Division
Stormwater Maintenance Division
Administration Division
Exotic Plant Removal Division

17%

Finance

18%

26%

12%

Capital Improvement Projects R&R Fund
Legal Services
Shop Operations Engineering Services District Manager
Board of Supervisors

Clerk to the Board

PERCENT
 	TOTALS	EXPENDITURES 

Aquatics Division	532,208	16.85%	
Stormwater Maintenance Division	555,506	17.59%	
Administration Division	821,274	26.00%	
Exotic Plant Removal Division	372,170	11.78%	
Finance	156,690	4.96%	
Capital Improvement Projects R&R Fund	63,896	2.02%	
Legal Services	50,802	1.61%	
Shop Operations	110,230	3.49%	
Engineering Services	44,778	1.42%	
District Manager	27,328	0.87%	
Board of Supervisors	16,790	0.53%	
Clerk to the Board	12,956	0.41%	
Pollution Control	547	0.02%	
Debt Service 2014 Bond	392,649	12.43%	
Grant Management	 	1,108 	 	0.04%	

TOTAL EXPENDITURES

$	3,158,932

100.00%

St. Lucie West Services District General Fund Budget Summary

 	FY 2014	 	FY 2015	 	FY 2015	 	FY 2016	
 	ACTUAL	ORIGINAL BUDGET 	ESTIMATE	PROPOSED	

ADD REVENUES:
Special Assessments	1,126,873	1,126,742	1,130,890	1,130,890	
Stormwater Drainage Fees	1,669,966	1,671,313	1,689,446	1,689,615	
City Stormwater Drainage Fee for Bond		400,000	400,000	
Other Revenues	 	16,623 	 	6,715 	 	171,501 	 	6,859 	
TOTAL OPERATING REVENUES	2,813,462	2,804,770	3,391,837	3,227,363	
FUND BALANCE, October 1	3,220,076	3,072,013	3,494,071	2,441,248	
TOTAL REVENUES AVAILABLE	6,033,538	5,876,783	6,885,908	5,668,611	

DEDUCT EXPENDITURES:
Board of Supervisors	

13,521	

16,707	

16,707	

16,790	
District Manager	23,817	26,740	26,740	27,328	
Finance	137,669	153,978	151,978	156,690	
Grant Management	1,538	1,084	1,084	1,108	
Clerk to the Board	9,384	12,677	12,677	12,956	
Legal Services	73,009	51,408	49,708	50,802	
Engineering Services	36,490	49,814	43,814	44,778	
Pollution Control	-	536	536	547	
Administration Division	721,753	817,287	803,087	821,274	
Aquatics Division	517,601	548,572	545,040	532,208	
Stormwater Maintenance Division	475,944	611,017	618,349	555,506	
Exotic Plant Removal Division	394,733	420,091	367,754	372,170	
Shop Operations	78,917	96,189	98,289	110,230	
Capital Improvement Projects R&R	55,092	1,256,337	1,469,580	63,896	
Capital Debt Service 2014 Bond			239,318	392,649	
TOTAL EXPENDITURES	2,539,467	4,062,437	4,444,660	3,158,932	

FUND BALANCE, SEPTEMBER 30	 	3,494,071 	1,814,346 	2,441,248 	2,509,679 

0	0	
-	-	
420	436	
1,689,615	1,689,615	
6,425	6,554	
13	15	
1,130,890	1,130,890	
-	-	
-	-	
-	-	
400,000	400,000	
$	3,227,363	$ 3,227,510	

8,582	8,771	
1,274	1,302	
1,108	1,133	
15,111	15,444	
643	657	
495	506	
114	117	
27,328	27,929	

2,030	2,030	
1,703	1,741	
-	-	
32,718	33,438	
16,254	16,612	
6,789	6,938	
72,975	86,435	
-	-	
24,220	24,220	
156,690	171,414	

		
Actual		
Actual YTD		
Estimate EOY		Final Amended
Budget		
Budget			
Forecast		
		FY 2014		FY 2015		FY 2015		FY 2015		FY 2016		FY 2017	FY 2018	FY 2019	FY 2020	
	
General Fund Balance (Beginning)	
3,220,076		
3,494,071		
3,494,071		
3,494,071		
2,441,248		
2,509,679	
2,548,870	
2,567,880	
2,594,868	
	OPERATING REVENUE															
1-04001	Permit Fees	100		-		-		0					0	0	0	
1-04002	Grant Revenue	-		52,561		63,073		52,561					-	-	-	
1-04003	Miscellaneous Fees	277				-		404					454	472	491	
1-04004	Storm Water Drainage Fees	1,669,966		1,689,446		1,689,446		1,689,446					1,689,615	1,689,615	1,689,615	
1-04005	Project Maintenance Fees	-				-		6,300					6,685	6,819	6,955	
1-04006	Interest	12		8		10		12					16	18	19	
1-04007	Special Assessments	1,126,873		1,130,890		1,130,890		1,130,890					1,130,890	1,130,890	1,130,890	
1-04008	Interfund Transfers	-		-	-	-	-	-	
1-04009	Miscellaneous Income	16,234	27,405	27,405	27,405	-	-	-	
1-04010	WMB Prepayment	-	84,820		84,820	-	-	-	
1-04013	  City Stormwater Drainage for Bond Payment	- 	 	400,000 	 		 	400,000 		 	400,000 	 	400,000 	 	400,000 	
	 	Total Revenues	$	2,813,462 	  $ 3,385,129 	  $ 2,910,824 	   $	3,391,837 		   $	3,227,660 	  $	3,227,814 	  $	3,227,971 	
	
OPERATING EXPENSES					
$	1,290,945	
	 Board of Supervisors					$	1,150,303	
1-05001	Executive Salaries	10,614	9,014	10,817	12,000	12,000		12,000	12,000		12,000	12,000	
1-05002	FICA	850	613	736	918	918		918	918		918	918	
1-05012	Other Contractual Services	51		-	568	580		593	606		620	633	
1-05015	Board Meeting Expenses	949	574	689	1,509	1,542		1,576	1,611		1,646	1,682	
1-05016	   Contingencies	1,056 	 		 	- 	 	1,712 	1,750		1,788	1,827		1,868	1,909	
	 	TOTAL BOARD OF SUPERVISORS	13,521 	 	10,201 	 	12,242 	 	16,707 	16,790		16,876	16,963		17,052	17,143	
	
District Manager									
1-06001	Assessment Fees & Costs	8,144	150	179	8,398		8,964	9,161	9,363	
1-06002	Other Contractual Services	-	-	-	1,247		1,331	1,360	1,390	
1-06003	Operations & Maintenance Services	767	567	680	1,084		1,158	1,183	1,209	
1-06005	Management Contract	14,755		-	14,786		15,783	16,130	16,485	
1-06009	Travel & Per Diem	151		-	629		671	686	701	
1-06012	Miscellaneous Expense	-		-	484		517	528	540	
1-06013	   Subscriptions & Dues	- 	 		 	- 	 	112 		 	119 	 	122 	 	125 	
	 	TOTAL DISTRICT MANAGER	23,817 	 	716 	 	860 	- 	26,740 		 	28,544 	 	29,172 	 	29,813 	
	
Finance									
1-07001	Dissemination Agent	-		-	2,030		2,030	2,030	2,030	
1-07002	Arbitrage	-		-	1,667		1,779	1,818	1,858	
1-07003	Assessment Fees & Costs	-		-	-		-	-	-	
1-07004	Accounting Services	33,094	26,200	31,440	32,014		34,173	34,925	35,693	
1-07005	Auditing	11,790	11,790	14,148	15,905		16,978	17,351	17,733	
1-07007	Banking Services	1,651		-	6,643		7,091	7,247	7,406	
1-07009	Property & Casualty Insurance	67,654	64,536	77,443	69,500		78,163	79,726	81,321	
1-07015	Office Supplies	124	114	137	-		-	-	-	
1-07018	  Property Taxes & Assessments	23,355 	 	23,786 	 	- 	 	24,220 	 	24,220 	 	24,220 	 	24,220 	
	 	TOTAL FINANCE	137,669 	 	126,426 	 	123,168 	- 	151,978 	-	 	164,435 	 	167,318 	 	170,262 	
	
Grant Management							
1-12001	 Contractual Services -GM	1,538 	 	205 	 	246	1,084 		1,108		1,132	1,157		1,182	1,208	
	 	TOTAL GRANT MANAGEMENT	1,538 	 	205 	 	246	-	1,084 	-	1,108		1,132	1,157		1,182	1,208	
	
Clerk to the Board										
1-13002	Other Contractual Services	6,284	4,808	5,769	7,462	7,627	7,794	7,966	8,141	8,320	
1-13004	Postage & Freight	671	639	767	1,245	1,272	1,300	1,328	1,358	1,388	

Actual FY 2014

Actual YTD FY 2015		
Estimate EOY FY 2015	Final Amended Budget
FY 2015	
Budget FY 2016		

FY 2017	
Fore
FY 2018	
cast
FY 2019	

FY 2020	
1,144		1,373	2,192	2,240		2,290	2,340	2,392	2,444	
 	372 		 	447 	 	1,778 	1,817		1,857	 	1,898 	 	1,940 	 	1,983 	
 	6,963 		 	8,356 	 	12,677 	12,956		13,241	 	13,533 	 	13,830 	 	14,135 	
										
15,848		19,018	39,188				41,832	42,752	43,693	
 	8,801 		 	10,561 	 	10,520 				 	11,230 	 	11,477 	 	11,729 	
 	24,649 		 	29,579 	- 	49,708 	-			 	53,061 	 	54,229 	 	55,422 	
										
 	18,186 		 	21,823 	 	43,814 				 	46,770 	 	47,799 	 	48,850 	
 	18,186 		 	21,823 	- 	43,814 	-			 	46,770 	 	47,799 	 	48,850 	
										
 	- 		 	- 	 	536 	547		559	 	571 	 	584 	 	596 	
 	- 		 	- 	- 	536 	-	547		559	 	571 	 	584 	 	596 	

1-13005     Printing & Binding	1,416
1-13007     Legal Ads	1,013 
 	TOTAL CLERK TO THE BOARD	9,384 

40,050
10,751	40,931
10,988	
50,802	51,919	

Legal Services
1-19001     General Counsel	45,357
1-23001     Special Counsel	27,652 
 	TOTAL LEGAL COUNSEL	73,009 

44,778	45,763	
44,778	45,763	

Engineering Services
1-26002     Engineering Services	36,490 
 	TOTAL ENGINEERING	36,490 

Pollution Control
1-29002   Regulatory & Permit Fees	- 
 	TOTAL POLLUTION CONTROL	- 

	ADMINISTRATION DIVISION
Personnel				
1-15001	Regular Salaries	180,864	162,851	195,421	208,432	212,932	218,255	223,712	229,305	235,037	
1-15002	Overtime	824	961	1,153	2,364	2,364	2,423	2,484	2,546	2,609	
1-15003	FICA	14,952	12,809	15,371	16,677	17,021	17,433	17,855	18,287	18,731	
1-15004	Retirement Contributions	17,610	14,208	17,049	18,972	19,377	19,861	20,358	20,867	21,388	
1-15005	Health/Life/Dental Insurance	289,251	241,659	289,991	295,775	295,775	316,479	338,633	362,337	387,701	
1-15006	Workers Comp	24,465	18,952	22,743	24,058	24,299	24,785	25,280	25,786	26,302	
1-15007	Unemployment Insurance	260		-	10,841	11,112	11,390	11,674	11,966	12,265	
1-15009	Travel & Per Diem	-		-	894	914	934	954	975	997	
1-15010	Uniforms	1,389	849	1,019	1,385	1,415	1,446	1,478	1,510	1,544	
1-15011	Subscriptions & Dues	983	95	114	1,576	1,611	1,646	1,682	1,719	1,757	
1-15012	Training, Cont. Educ., and Licensing	529	52	62	2,050	2,095	2,141	2,188	2,236	2,286	
1-15013	Vehicle Allowance	 	7,800 	 	5,400 	 	6,480	7,200 		7,200	7,200	7,200	7,200	7,200	
	Total Administration Personnel: 	538,926 
ADMIN Operating	 	457,836 	 	549,403	590,223 	 	596,113	623,993	653,498	684,735	717,816 	
1-33001	Other Contractual Services	39,144	35,290	42,349	54,533	41,624	42,456	43,305	44,171	45,055	
1-33002	Website Maintenance	3,251	2,538	3,046	3,133	3,195	3,259	3,324	3,391	3,459	
1-33003	Maintenance Contracts	-		-	-	-	-	-	-	-	
1-33004	Water - Irrigation	3,079	1,977	2,373	3,013	3,073	3,134	3,197	3,261	3,326	
1-33005	Telephone & Cell Service	15,491	10,019	12,023	17,989	18,348	18,715	19,090	19,471	19,861	
1-33006	Postage & Freight	709	497	597	1,007	1,027	1,048	1,069	1,090	1,112	
1-33007	Electricity Services	4,555	2,982	3,579	4,425	4,292	4,507	4,732	4,969	5,217	
1-33008	Cable/Newspaper	312	412	494	458	468	477	486	496	506	
1-33009	Vehicle Leasing			-							
1-33010	Equipment Leasing	3,262	3,075	3,690	4,120	4,202	4,286	4,372	4,460	4,549	
1-33011	Building Maintenance	977	88	106	1,493	1,523	1,553	1,584	1,616	1,648	
1-33012	Vehicle Maintenance	62	32	39	731	746	761	776	791	807	
1-33013	Equipment Maintenance	-		-	604	616	628	641	654	667	
1-33014	Printing & Binding	-		-	434	443	452	461	470	479	
1-33015	Legal Ads	203		-	214	218	223	227	232	236	
1-33016	Miscellaneous Expense	4,612	1,998	2,398	4,689	4,783	4,878	4,976	5,076	5,177	
1-33017	Record Storage	397	404	484	770	786	801	817	834	850	
1-33018	Contigencies - Hurricane	-		-	20,400	20,400	20,400	20,400	20,400	20,400	
1-33019	Office Supplies	5,088	3,533	4,239	6,335	6,462	6,591	6,723	6,858	6,995	
1-33020	Fuel & Lubricants - Vehicle	43,127	19,379	23,255	39,634	41,616	43,696	45,881	48,175	50,584	
1-33021	Cleaning Supplies	3,426	2,149	2,578	3,189	3,253	3,318	3,384	3,452	3,521	
1-33022	Computer Software	1,143	3,289	3,946	5,714	1,828	1,865	1,902	1,940	1,979	
1-33023	Computer Hardware/ Supplies	4,530	4,515	5,418	13,875	4,852	2,500	2,500	2,500	-	

Actual FY 2014
Fuel & Lubricants - Equipment	18,457
Minor Construction Expenses	-	
Actual YTD FY 2015	
	9,687
1,990	
Total Administration Operating:	151,826	103,855	
Capital Outlay Administration
Equipment Building Other	
- 31,000
-	

2,063
-	
Total Administration Capital Outlay:	31,000
 	TOTAL ADMINISTRATION	721,753 AQUATICS DIVISION
Personnel
Regular Salaries	262,284
Overtime	16,695
FICA	21,809
Retirement Contributions	25,206
Travel & Per Diem	73
Uniforms	2,754
Subscriptions & Dues	255
Training, Cont. Educ., and Licensing	 	1,383 
Total Aquatics Personnel: 	330,459 Aquatics Operating
Operations & Maintenance Svc	4,159 Laboratory Services		-
Disposal Fees	267
Water Quality Monitoring	-
Operating Supplies	9,063
Landscape Materials	-
Vehicle Maintenance	3,556
Equipment Maintenance	13,418
Miscellaneous Expense	82
Chemicals	130,938
Machinery & Equipment	 	5,178 
Total Aquatics Operating: 	166,658 Capital Outlay Aquatics
Equipment	-
Building	20,483
Other	-	2,063	
		
	 	563,754 

193,426
4,432
15,067
16,686
103
2,255
415
 	939 
 	233,323 

870

3,545

4,677
8,006
380
78,637
 	8,195 
 	104,309 

27,995

-	
Total Aquatics Capital Outlay:	20,483	27,995	
			
TOTAL AQUATICS DIVISION	517,601	365,627	

STORM WATER MANAGEMENT DIVISION
Personnel
Regular Salaries	292,318
Overtime	10,202
FICA	22,670
Retirement Contributions	24,325
Travel & Per Diem	-
Uniforms	2,833
Subscriptions & Dues	85
Training, Cont. Educ., and Licensing	 	473 
Total Storm Water Personnel: 	352,905 Storm Water Operating
Operations & Maintenance Svc	12,499	

243,192
13,160
19,748
22,201
- 2,391
115
 	26 
 	300,832 

8,613	

Budget		
Forecast			
FY 2016	FY 2017	FY 2018	FY 2019	FY 2020	
17,907	18,802	19,742	20,729	21,766	
5,500	-	-	-	-	

-	-	-	-	-	
38,000	25,000	25,000	25,000	25,000	
-	-	-	-	-	

275,000	281,875	288,922	296,145	303,549	
18,075	18,527	18,990	19,465	19,951	
22,420	22,981	23,555	24,144	24,748	
26,377	27,036	27,712	28,405	29,115	
1,181	1,205	1,229	1,253	1,278	
3,693	3,767	3,843	3,919	3,998	
535	546	557	568	580	
2,833	2,890	2,948	3,007	3,067	

-	25,000	28,000	-	-	
-	-	-	-	-	
-	-	-	-	-	

334,109	342,461	351,023	359,798	368,793	
17,909	18,357	18,816	19,286	19,768	
26,929	27,603	28,293	29,000	29,725	
31,682	32,474	33,285	34,118	34,971	
607	619	632	644	657	
3,444	3,513	3,583	3,655	3,728	
229	234	239	244	248	
1,782	1,818	1,854	1,892	1,929	

			
Estimate EOY		Final Amended
Budget	
			FY 2015		FY 2015	
1-33024			11,624		17,054	
1-33025			 	2,388	
 	124,626			4,051 
207,864	 	187,160	184,351	189,590	195,035	198,194 	
1-33101			-		-	
1-33102			2,476		5,000	
1-33103			 	-	
 	2,476	

 	676,504 		-	
5,000	 	38,000	25,000	25,000	25,000	25,000 

 	803,087    - 	821,274	833,344 	868,088 	904,770 	941,010 	
1-14001	232,111	263,089	
1-14002	5,319	18,075	
1-14003	18,081	21,509	
1-14004	20,023	25,305	
1-14007	123	1,158	
1-14008	2,706	3,621	
1-14009	497	525	
1-14010	 	1,127	
 	279,987		2,778 
336,059	 	350,115	358,827	367,755	376,906	386,285 	
1-31001	1,044	2,969	3,029	3,089	3,151	3,214	3,278	
1-31002	-	-	-	-	-	-	-	
1-31003	-	306	4,000	4,080	4,162	4,245	4,330	
1-31004	-	-	-	-	-	-	-	
1-31005	4,254	9,721	9,915	10,113	10,316	10,522	10,732	
1-31007	-	-	-	-	-	-	-	
1-31008	5,612	6,915	7,054	7,195	7,339	7,485	7,635	
1-31009	9,607	13,223	12,988	13,248	13,512	13,783	14,058	
1-31010	456	606	618	630	643	656	669	
1-31011	94,364	126,169	132,478	139,102	146,057	153,360	161,028	
1-31012	 	9,834 	 	12,070 	12,012	 	11,952 	 	11,891 	 	11,829 	 	11,766 	
	 	125,171 	 	171,980 	 	182,093 	 	189,409 	 	197,070 	 	205,094 	 	213,496 	
							
1-31101	33,595	37,000					
1-31102	-	-					
1-31103	 	-	
 	33,595	

 	438,753 	-	
37,000 

 	545,040 -	
 	-	

 	532,208		
25,000	

573,236		
28,000	

592,826		
-		- 582,000	599,782 	
1-16001	291,830	326,609	
1-16002	15,792	17,909	
1-16003	23,697	26,356	
1-16004	26,641	31,007	
1-16007	-	595	
1-16008	2,869	3,377	
1-16009	138	225	
1-16010	 	31	
 	360,999		1,747 
407,824	 	416,692	427,079	437,725	448,637	459,820 
-	
1-34001	10,335	9,984	8,183	8,347	8,514	8,684	8,858	

Actual FY 2014
Laboratory Services	3,424
Disposal Fees	6,190
Operating Supplies	10,026
Storm Ditch Maint	23,667
Landscape Materials	14,705
Vehicle Maintenance	11,113
Equipment Maintenance	18,569
Miscellaneous Expense	632
Chemicals	649
Machinery & Equipment	3,533
Renewal & Replacement	-
Electricity Services	 	3,045 
Total Storm Water Operating: 	108,052 Capital Outlay Storm Water
Equipment	14,986
Building	-
Other - GIS Mapping	-	

-			Final Amended	
		Actual YTD	Estimate EOY	Budget	
		FY 2015	FY 2015	FY 2015	
		3,002	3,602	4,847	
		3,594	4,313	9,130	
		8,394	10,073	14,838	
		26,886	32,263	28,980	
		14,313	17,175	21,864	
		3,890	4,668	12,215	
		19,409	23,291	24,448	
			-	693	
		1,550	1,860	3,137	
		825	990	4,346	
			-	-	
		 	2,131 	 	2,557 	 	4,043 	
		 	92,607 	 	111,128 	 	138,525 	
		80,393	96,472	72,000	
			-	-	
			 	-		-		
Total Storm Water Capital Outlay:	14,986		80,393	 	96,472		72,000 	
					
TOTAL STORM WATER MANAGEMENT DIVI	475,944		473,833	 	568,599 	 	618,349 	

EXOTIC PLANT REMOVAL DIVISION
Personnel
Regular Salaries	197,362
Overtime	10,496
FICA	15,342
Retirement Contributions	18,012
Travel & Per Diem	-
Uniforms	2,651
Subscriptions & Dues	30
Training, Cont. Educ., and Licensing	 	1,226 
Total Exotic Plant Personnel: 	245,119 Exotic Plant Operating
Operations & Maintenance Svc	5,604 Laboratory Services		-
Disposal Fees	246
Operating Supplies	16,408
Landscape Materials	-
Vehicle Maintenance	5,370
Equipment Maintenance	5,079
Chemicals	4,554
Machinery & Equipment	3,925
Maintenance Contracts	 	61,197 
Total Exotic Plant Operating: 	102,383 Capital Outlay Exotic Plant
Equipment	27,361
Building	19,871
Other	-	

-	

121,105	

145,326	

162,876	
		2,217	2,660	7,888	
		9,072	10,886	13,063	
		11,411	13,693	15,369	
			-	229	
		2,167	2,601	3,357	
		155	186	229	
		 	888 	 	1,066		1,592 	
		 	147,015 	 	176,418		204,604 	
				-	
		5,326	6,391	7,214	
			-	-	
			-	306	
		12,908	15,490	17,276	
			-	-	
		6,520	7,824	7,863	
		3,573	4,288	4,881	
		5,200	6,240	6,859	
		4,395	5,274	5,195	
		 	28,749 	 	34,498 	 	57,000 	
		 	66,671 	 	80,005 	 	106,594 	
			-	56,555	
			-	-	
		-	-	-	
Total Exotic Plant Capital Outlay:	47,231		-	-	56,555	
					
TOTAL EXOTIC PLANT REMOVAL DIVISION	394,733		213,686	 	256,423 	 	367,754 	

SHOP OPERATIONS DIVISION				
Personnel				
Regular Salaries	37,510		38,315	45,977	52,372	
Overtime	5,184		4,256	5,107	5,248	

162,000	166,050	170,201	174,456	178,818	
7,888	8,085	8,287	8,494	8,707	
12,996	13,321	13,654	13,996	14,346	
15,290	15,672	16,064	16,466	16,877	
234	239	243	248	253	
3,424	3,492	3,562	3,634	3,706	
234	239	243	248	253	
1,624	1,656	1,689	1,723	1,758	

	

		

Budget FY 2016		

FY 2017	
Fore
FY 2018	
cast
FY 2019	

FY 2020	
1-34002							4,944		5,043	5,144	5,247	5,352	
1-34004							2,000		2,040	2,081	2,122	2,165	
1-34005							15,135		15,437	15,746	16,061	16,382	
1-34006							22,000		-	-	-	-	
1-34007							22,302		-	-	-	-	
1-34008							11,460		11,689	11,923	12,161	12,404	
1-34009							27,937		28,496	29,066	29,647	30,240	
1-34010							707		721	735	750	765	
1-34011							3,293		3,458	3,631	3,813	4,003	
1-34012							3,933		4,011	4,092	4,173	4,257	
1-34013							-		-	-	-	-	
1-34014							3,921		 	4,117 	 	4,323 	 	4,539 	 	4,766 	
							 	125,814 		 	83,359 	 	85,254 	 	87,198 	 	89,192 	
1-34101							13,000		10,000	-	-	-	
1-34102							-		-	-	-	-	
1-34103							-		-	-	-	-	

	

-	 	13,000	

 	555,506			10,000	

520,438		-		 522,979		-		 535,834		- 549,012 	
1-17001													
1-17002													
1-17003													
1-17004													
1-17007													
1-17008													
1-17009													
1-17010							
 	203,690			
208,755		
213,945		
219,265		
224,718 	
1-35001	8,358	8,526	8,696	8,870	9,048	
1-35002	-	-	-	-	-	
1-35003	5,000	5,100	5,202	5,306	5,412	
1-35004	17,622	17,974	18,333	18,700	19,074	
1-35005	-	-	-	-	-	
1-35006	10,021	10,221	10,426	10,634	10,847	
1-35007	5,979	6,098	6,220	6,345	6,471	
1-35008	8,202	8,612	9,042	9,494	9,969	
1-35009	5,299	5,404	5,513	5,623	5,735	
1-35010	57,500	 	58,000 	 	59,000 	 	- 	 	- 	
	 	117,980 	 	119,935 	 	122,432 	 	64,972 	 	66,557 	
1-35101	50,500		45,000	-	-	-	
1-35102	-		-	-	-	-	
1-35103	-		-	-	-	-	

-	 	50,500	

 	372,170		45,000	

373,690		-		 336,378		-		 284,238		- 291,274 	
1-18001	53,372	54,707	56,074	57,476	58,913	
1-18002	5,379	5,513	5,651	5,792	5,937	

 	

Estimate EOY FY 2015

Final Amended Budget
FY 2015

1-18003
1-18004
1-18010
1-18013
1-18014
1-18015

1-36001
1-36002
1-36003
1-36004
1-36005
1-36006

1-36101
1-36102
1-36103

3,957	4,408

Actual FY 2014
FICA	2,860
Retirement Contributions	3,883
Travel & Per Diem	-
Uniforms	66
Subscriptions & Dues	55
Training, Cont. Educ., and Licensing	 	1,308 
Total Shop Personnel: 	50,865 
Shop Operating
Operations & Maintenance Svc	3,935 Disposal Fees		-
Operating Supplies	7,168
Vehicle Maintenance	3,714
Miscellaneous Expense	1,584
Machinery & Equipment	 	11,650 
Total Shop Operating: 	28,052 
Capital Outlay Shop
Equipment	-
Building	-
Other	-	
Actual YTD	
	FY 2015	
	3,298	
	3,978	
	-	
	697	
	55	
	 	154 	
	 	50,752 	
	1,547	
	5,181	
	2,861	
	416	
	 	7,987 	
	 	17,992 	
	-	
	-	
	-	
Total Shop Capital Outlay:	-	-	
			
SHOP OPERATIONS DIVISION	78,917	68,744	

Budget		
Forecast			
FY 2016	FY 2017	FY 2018	FY 2019	FY 2020	
4,494	4,607	4,722	4,840	4,961	
5,288	5,420	5,555	5,694	5,837	
574	585	597	609	621	
747	762	778	793	809	
87	88	90	92	94	
1,437	1,466	1,495	1,525	1,555	

4,773	5,186
-	562
837	733
66	85
 	185	1,409 
 	60,902	70,003	 	71,378	73,148	74,962	76,822	78,727 
-
1,856	3,692	3,766	3,842	3,918	3,997	4,077
-	-	4,000	4,080	4,162	4,245	4,330
6,218	8,010	8,170	8,334	8,500	8,670	8,844
3,433	4,016	4,096	4,178	4,261	4,347	4,434
500	1,270	1,296	1,322	1,348	1,375	1,403
 	9,584	 	11,298	17,524 	17,875 	18,232 	18,597 	18,969 
 	21,590	 	28,287	 	38,853 	39,630 	40,422 	41,231 	42,055 

-	-	-	-	-	
-	-	-	-	-	
-	-	-	-	-	

-	-
-	-
 	-	-	
 	-	-	 	-	-	-	-	- 

 	82,493	 	98,289    - 	110,230	112,778	115,384	118,052	120,782 

Total Operating Expenses	 	2,484,375	 	1,872,990	 	2,219,045	2,735,763	 	2,702,387	2,742,319 	2,760,688 	2,756,059 	2,839,290 

NON-OPERATING INCOME AND EXPENSES
Other Expense

DEBT SERVICE EXPENSES
1-04013 Principal 2014 Bond Issue	-	-	-	150,000	250,000	255,000	265,000	270,000	280,000	
1-04013 Interest 2014 Bond issue	 	- 	 	- 	 	- 	 	89,318 	142,649	 	134,456 	 	126,417 	 	118,223 	 	110,091 	
TOTAL DEBT SERVICE:	 	- 	 	- 	 	- 	 	239,318 	 	392,649 	 	389,456 	 	391,417 	 	388,223 	 	390,091 	

CAPITAL IMPROVEMENT 		
Capital Improvement Program R&R	55,092			56,337	56,544	56,544	56,544	56,544	56,544	
Additional R&R Funding / Grant Revenue	-			52,561			-	-	-	
Additional funds from City for Debt Service commitment			160,682	7,352					
One Time Additional R&R Funding	 	- 	 		 		1,200,000	-	 		 	-		 	-		 	-		
TOTAL OTHER CAPITAL EXPENSES R&R FUND: 	55,092	 	-	 	-	 	1,469,580	 	63,896	56,544 	56,544 	56,544 	56,544 

Total Expenses

   $	2,539,467	$     1,872,990	$     2,219,045	$	4,444,660 

  $	3,158,932	$ 3,188,320 

   $	3,208,650 

  $	3,200,826 

  $	3,285,926 

Total Revenues

   $	2,813,462	$     3,385,129	$     2,910,824	$	3,391,837 

$ 3,227,510

3,227,363

$

   $	3,227,660 

  $	3,227,814 

  $	3,227,971 

68,432

Surplus/(Deficit)	273,995	1,512,139	691,779	(1,052,824)	39,190	19,010	26,988	(57,956)

Available Operating Cash Balance (Ending)   $	3,494,071	$     5,006,211	$     4,185,850	$	2,441,248	$

2,509,679

$ 2,548,870

$	2,567,880

$	2,594,868

$	2,536,912

GENERAL FUND RENEWAL & REPLACEMENT FUND

ADD REVENUES:

Actual FY
 	2014	FY 2015  FY 2016 FY 2017  FY 2018 FY 2019 FY 2020 

Estimated Beginning Fund Balance	963,750
(52,561)	889,675	1,463,964	34,185	7,729	9,274	10,268	
748,044
Grant Revenue	-	
52,561	
159,658					
Interest Revenues	-	-	-	-	-	-	
5% Recommended Annual Transfer + Additional Annual Transfer	55,092	56,337	56,544	56,544	56,544	56,544	56,544	
Additional funds from City for Debt Service commitment		160,682	7,352					
One Time Additional Funding (From GF Unrestricted Fund Balance)		1,200,000	-	-	-	-	-	
Cash Carry Forward for R&R CIP	 	-	-	-	-	-	-	- 
 	-	-	-	-	-	-	- 

TOTAL REVENUES AVAILABLE	1,018,842	2,359,255	1,687,518	90,729	64,274	65,818	66,813

DEDUCT EXPENDITURES:
	WMB Requisition Closeout	-		
WM001	1-46001 Stormwater Emergency Renewal and Replacement	27,178	112,211	113,333	83,000	55,000	55,550	56,106	
WM012	1-46002 Basin N1	-				
WM013	1-46003 Basin 4E & 5	5,400	50,000	1,100,000		
WM014	1-46004 Basin 2C Wetland Vertical Relocation & Storage	37,959	375,000			
WM015	1-46005 Basin 2C Enclave Lake Storage	-				
WM016	1-46006 Magnolia Lakes Pump Station	-	-	-	-	-	-	-	
WM017	1-46007 Street to Pond Repairs (POA)	34,143	100,000	-	-	-	-	-	
WM018	1-46008 Basin 2C 3B interconnect	24,486	208,900	-	-	-	-	-	
WM019	1-46009 Lake Harvey Improvements	-	49,180	440,000	-	-	-	-	
		 	- 	 	- 	 	- 	 	- 	- 	- 	- 	

TOTAL EXPENDITURES	129,167	895,291	1,653,333	83,000	55,000	55,550	56,106

FUND BALANCE, SEPTEMBER 30	 	889,675       1,463,964 	34,185 	7,729 	9,274 	10,268 	10,707 

REVENUE SOURCES

St Lucie West Services District receives approximately 99% of their operating Revenues for the General Fund from the special assessment they levy on property owners and the transfer of storm drainage fees from the City of Port St Lucie.

General Fund Revenues

Permit Fees
Revenue received by the District Engineer for the review of preconstruction approval plans and specifications for facilities that are to become a part of the surface water management system owned and operated by the District.

Grant Revenue
Revenue received from Federal or State agencies for Grants. This revenue is circumstantial and must be applied for. In recent years the District has received Grant monies from such agencies such as FEMA which offered money for hurricane related expenses.

Miscellaneous Fees
This is a contingency line for any miscellaneous revenues received during the course of the year. This would include revenue received for the out-sourcing of the video ray system, vacon truck as well as the aquatic harvester.

Storm Water Drainage Fees
Revenue received from the City of Port St. Lucie for the assessment placed on property owners for the maintenance of the Storm Water Drainage system. Presently the District receives 75% of the total amount assessed on property owners of the District. District will receive additional funding from any increase that the City levies for additional funding. Currently at $153.00 per ERU.

Project Maintenance Fees
Revenue received from the Water & Sewer fund for the landscaping maintenance on the property owned by the Water & Sewer fund.

Interest Revenue
This account reflects all interest earnings in all non-restricted cash accounts that belong to the General Fund.

Special Assessments
Non-advalorem tax revenue received from the property owners of the District for the maintenance and operational costs of the District. The special assessment fee is projected to remain at $111.00 per ERU due to the increased maintenance area.

Miscellaneous Income
This code is for revenue that does not qualify for any of the other revenue categories.

Storm Water Drainage Fees for Land Purchase Bond Payment
Revenue received from the City of Port St. Lucie for the assessment placed on property owners for the maintenance of the Storm Water Drainage system. Presently the District receives 75% of the total amount assessed on property owners of the District. District will receive additional funding $400,000 for land purchase bond payment.

OPERATING EXPENSE’S

Operating expenses include the cost for personnel, materials, maintenance, service and equipment required for the general operations for the St Lucie West Services District.

Board of Directors

Executive Salaries
Salaries paid to the Board of Directors for their public service. Salaries are paid on a $200 per board meeting, for a total maximum amount of $4,800 per seat, per fiscal year. This expense is shared equally with the Water & Sewer fund.

FICA
This line includes the Districts portion of the social security and Medicare expense for Board Members of the District. The Federal rate for these combined expenses is 7.65% of total salaries.

Other Contractual Services
Contractual services requested by the board for the betterment of Board decisions and/or activities. Such expenses include strategic planning.

Board Meeting Expenses
This includes expenses directly relating to board meetings, including location charges and/or any other charges incurred.

Contingencies
These charges are allocated for any miscellaneous charges that may occur during the year that are directly requested by the Board of Supervisors.

District Manager

Assessment Program
Charges for the Assessment program including placing the assessment on the tax rolls.

Other Contractual Services
Contingency for charges for any additional services the District may request of the District Manager.

Operations & Maintenance Services
Includes expenses for general maintenance contracts for services. Such services are provided for special studies and operating maintenance by outside contractors.

Management Contract
Charges directly relating to the District Manager’s service contract. The charge for FY 2016 is based on the salary difference of the Utility Director salary and the Contract for the District Manager which is shared between the Water & Sewer Fund 50% and the General Fund 50%. There is no proposed increase for FY2016.

Travel & Per Diem
Charges billed directly from the SDS, Inc .or the District Manager for travel expenses as allowed by the contract for District Business. All charges are billed in accordance with Section 112.061, Florida Statutes.

Miscellaneous Expenses
Contingency for any miscellaneous charges that could not otherwise be classified into another ledger account.

Subscriptions & Dues
This expense includes dues paid to professional organizations.

Finance

Dissemination Agent
This line includes charges for a dissemination agent who prepares reports regarding the compliance with bond issues. Budget assumes no increase from previous year’s expenses.

Arbitrage
This line includes charges relating to the annual arbitrage review relating to interest earned versus interest paid. Budget assumes a minor increase from previous year’s expenses.

Assessment Fees and Costs
Charges from St. Lucie County for placing the special assessments on the tax roll. Charge is equal to 1% and up to 2% of the total assessments placed on the tax roll.

Accounting Services
This includes the contracted services for Financial Services with SDS, Inc. The expense is shared with the Water & Sewer Fund.

Auditing
This includes expenses that are incurred from the District’s Annual Financial Audit as required by Florida Statutes. This amount is split between the Water & Sewer Fund and the General Fund, 56% and 44% respectively.

Banking Services
Charges for banking services such as bank service charges and trust account administration expenses.

Property & Casualty Insurance
This expense includes the annual insurance premium that provides protection for the Districts general liability, auto and property coverage. A minor increase is assumed for the FY2016 Budget year. Coverage is from October 1 through September 30 each year.

Grant Management

Contractual Services
Contractual services provided by a Grant Coordinator if needed.

Clerk to the Board

Other Contractual Services
Contractual services provided by SDS, Inc for the Board Clerk and records service provided. This expense is shared with the Water & Sewer Fund.

Postage & Freight
This line item includes postages charges that are invoiced from the Board Clerks office. These charges include postage charges for sending out regular mail and vendor checks.

Printing & Binding
Charges for printing and binding agendas, packages, audit reports and budget materials as well as copy charges for the normal daily work flow.

Legal Ads
Charges for legal ads posted in the local newspapers for notices of Board meetings and Public Hearings.

General Counsel

Legal Services
Legal fees associated with the District’s Attorney. These fees include charges for regular legal business matters within the District.

Special Counsel

Legal Services
Legal fees associated with any labor matters the District may have. For the FY2016 budget this line item particularly refers to legal matters regarding labor issues.

Engineering Services

Engineering Services
Charges billed from the District Engineer office. These charges include Work Authorization preparation, Board meeting assistance as well as any other engineering expense relating to the General Fund activities.

Pollution Control

Regulatory & Permit Fees
The District is required to pay an annual fee for the regulatory permit for Pollution Control.

GENERAL FUND ADMINISTRATION DIVISION

Personnel Expenses

Regular Salaries
Includes the District’s administrative employee’s basic salaries. The total budget is estimated using a tabulation of all approved positions and this year we are proposing an Equalization Funding Program of a $1,000 increase to all employees the second pay period in October. This also reflects for license or certifications increases.

Overtime
This line includes overtime expenses.

FICA
This line includes the Districts portion of the social security and Medicare expense for Salaries of the District’s employees. The Federal rate for these combined expenses is 7.65% of total salaries.

Retirement Contributions
After one year of employment the District provides a 9.0% contribution into a SEP IRA for all full time employees. This compensation is paid on a monthly basis.

Health Insurance
This includes health insurance benefits provided to all employees of the District.

Workers Compensation
The District provides workers compensation to any employee who is injured while at work. Under the provisions of the Florida Workers Compensation law, a no-fault insurance plan which is supervised by the State of Florida, the District pays for 100% of these benefits.

Unemployment Compensation
The District is required to reimburse the Unemployment Compensation Fund for any unemployment claims paid on behalf of the District.

Travel & Per Diem
The District pays for employees to obtain and upgrade certifications and licenses. In some cases the employee may need to travel to attend these classes or training courses. The district pays the employee travel and per diem according to Section 112.061, Florida Statutes. Budget assumes a minor increase from previous year’s expenses due to certifications that are required by Governmental agencies.

Uniforms
The District provides an allotted amount of uniforms and/or safety equipment for all District employees each year depending on their position.

Subscriptions & Dues
This expense includes dues paid to professional organizations. These dues are required for the district to take part in special trainings or seminars and stay current with industry certifications.

Training, Cont. Education & Licensing
The District provides the employee with training opportunities in order to upgrade or obtain additional certifications. These certifications include all office related education, Computer programming, HR classes, and Microsoft Technology

Vehicle Allowance
The District provides for a vehicle allowance for certain positions instead of providing a vehicle and associated costs.

Administration (Operating)

Other Contractual Services
Charges for miscellaneous expenses relating to the repairs of office equipment, Air/conditioning service, Security alarm repairs ECT.

Website Maintenance
The District will be looking into upgrading the current website with increased function for the budget year.

Maintenance Contracts
Charges for in office pest management. These contracts were moved to Other Contractual Services.

Water – Irrigation
This covers the expense of using irrigation water on District owned common ground areas and the District Utility and Maintenance site, including the Administration Building.

Telephone & Cell Services
These charges include the landline telephone service that is used in the District office as well as cellular phone services. District Staff will continue to look at alternatives in the 2016 budget year to reduce costs of communications.

Postage & Freight
This line item includes postages charges for the District.

Electricity Services
Includes electricity charges for grounds and signs as well as a split for the administrative building owned by the District.

Cable & Newspaper
The District currently has cable access which provides capabilities for weather monitoring. They also receive a daily newspaper for the treasure coast area to enable employees to stay abreast to current affairs that may affect the District.

Equipment Leasing
The District has one copier that is leased.

Building Maintenance
These charges include weekly cleaning of the District’s buildings. This also includes extra services such as carpet cleaning and furniture upholstery.

Vehicle Maintenance
This line includes charges for normal maintenance of the District’s Administrative vehicles and trucks as needed for office usage. Maintenance is done on a regular basis to provide the longest life possible to the vehicles owned and operated by the district. This provides for decreased total life cycle costs.

Equipment Maintenance
This line includes charges for normal maintenance of office machinery. This provides for decreased total life cycle costs.

Printing & Binding
Charges related to any requests for public information, presentations to the board, and reports due to other governmental agencies.

Legal Ads
Charges for employment ads posted in the local newspapers for employment opportunities.

Miscellaneous Expenses
Contingency for any miscellaneous charges that could not otherwise be classified into another ledger account.

Record Storage
This charge is for offsite storage for District Records. Some records of a certain date are kept offsite in an air conditioned space to meet records retention requirements and will be deleted as permitted.

Contingencies Hurricane
This account is allocated to fund any extraordinary expenses the District incurs relating to hurricane preparation and/or damages to District property for budget year 2016.

Office Supplies
Includes general supply charges for the operations of the Districts offices.

Fuel & Lubricants-Vehicles
Fuel purchased for all vehicles used in the General Fund. The FY2016 shows an increase of 10%.

Cleaning Supplies
Supplies bought for products used by district employees such as soap, air fresheners, towels, etc. This would include any item not provided for by the building maintenance service provider.

Computer Software/Licensing
Charges for yearly software and/or licensing obligations for computer equipment and software used by the District.

Computer Hardware/Supplies
Charges that are expended for the purchase of new computer hardware and a new administration server.

Fuel & Lubricants-Equipment
Fuel purchased for all equipment used in the General Fund. Such equipment includes tractors, mowers, boats, and pumps. The FY-2016 Budget assumes a 5% increase.

Minor Construction Expenses
This includes miscellaneous repairs that are associated with the District Administration Building and Operations Center.

General Fund Administration Division – Capital Outlay

Equipment
This code is for equipment purchases such as vehicles and tractors over $1,000. No expenditures planned for this fiscal year.

Building
This code is for buildings or land purchases over $1,000. Plans to replace the Administration building in the next five years by setting aside $25,000 per year. No other expenditures planned for this fiscal year.

Other
This code is for any other Capital purchases over $1,000. No expenditures planned for this fiscal year

AQUATICS DIVISION

Aquatics Personnel

Regular Salaries, Overtime, FICA, Retirement Contributions, Travel & Per Diem, Uniforms, Subscriptions & Dues and Training, Cont. Education & Licensing
The above categories are the same as described in the Administration Budget

Aquatics Division (Operating)

Operations & Maintenance Services
Includes expenses for general maintenance contracts for services. Such services are provided for special studies and operating maintenance by outside contractors.

Laboratory Services
This expense includes lab fees for Sonar FAST testing for the storm water retention ponds within the District. Including Dissolved oxygen and turbidity levels.

Disposal Fees
Charges incurred for the disposal of certain aquatic plant material.

Operating Supplies
General supplies for the day-to-day operations of the District. Includes supplies for the shop, exotic plant removal, aquatics division, and the storm water division.

Landscape Materials
Includes expenses for Aquatic plant replacements in water and on littoral and mitigation shelves.

Vehicle Maintenance, Equipment Maintenance, and Miscellaneous Expenses
The above categories are the same as described in the Administration Budget.

Chemicals
This includes all chemicals used for aquatic weed control herbicides, algaecides, Sonar, and Strike for midge flies.

Machinery & Equipment
The District staff is requesting some new machinery that is not considered a capital expense according to the Districts capital expenditure threshold. This includes new sprayers and back pack sprayers for use in aquatic weed control.

General Fund Aquatics Division – Capital Outlay

Equipment; Building; Other
The above categories are the same as described in the Administration Budget. No expenditures planned for this fiscal year.

STORM WATER MAINTENANCE DIVISION

Storm Water Maintenance Personnel

Regular Salaries, Overtime, FICA, Retirement Contributions, Travel & Per Diem, Uniforms, Subscriptions & Dues and Training, Cont. Education & Licensing
The above categories are the same as described in the Administration Budget

Storm Water Maintenance Division (Operating)

Operations & Maintenance Services, Laboratory Services, Disposal Fees, Operating Supplies, Landscape Materials, Chemicals, and Machinery & Equipment
The above categories are the same as described in the Aquatics Division Budget.

Storm Ditch Maintenance
This line item includes heavy mechanical cleaning of ditches, Lake bank repairs, and major storm water pipe conveyance repairs.

Vehicle Maintenance, Equipment Maintenance, Miscellaneous Expenses, and Electricity Services
The above categories are the same as described in the Administration Budget.

General Fund Storm Water Division – Capital Outlay

Equipment; Building; Other
The above categories are the same as described in the Administration Budget. Plan to replace a Kubota zero turn mower for the storm water division estimated at $13,000.

EXOTIC PLANT REMOVAL DIVISION

Exotic Plant Removal Personnel

Regular Salaries, Overtime, FICA, Retirement Contributions, Travel & Per Diem, Uniforms, Subscriptions & Dues and Training, Cont. Education & Licensing
The above categories are the same as described in the Administration Budget

Exotic Plant Removal Division (Operating)

Operations & Maintenance Services, Laboratory Services, Disposal Fees, Operating Supplies, Landscape Materials, Chemicals, and Machinery & Equipment
The above categories are the same as described in the Aquatics Division Budget.

Vehicle Maintenance, Equipment Maintenance, Miscellaneous Expenses, and Electricity Services
The above categories are the same as described in the Administration Budget.

Maintenance Contract
New Line item for the contracting of an outside contractor to support District staff in the removal of exotic plant material from District owned Wetlands & Buffers. Will enhance the frequency of maintenance to the Wetlands Buffers throughout the District.

General Fund Exotic Plant Removal Division – Capital Outlay

Equipment; Building; Other
The above categories are the same as described in the Administration Budget. Plan to replace the dump truck for $42,000 and mule for $8,500.

SHOP OPERATION DIVISION

Shop Operational Personnel

Regular Salaries, Overtime, FICA, Retirement Contributions, Travel & Per Diem, Uniforms, Subscriptions & Dues and Training, Cont. Education & Licensing
The above categories are the same as described in the Administration Budget

Shop Operations Division (Operating)

Operations & Maintenance Services, Disposal Fees, Operating Supplies, and Machinery & Equipment
The above categories are the same as described in the Aquatics Division Budget.

Vehicle Maintenance, and Miscellaneous Expenses
The above categories are the same as described in the Administration Budget.

General Fund Shop Operations Division – Capital Outlay

Equipment; Building; Other
The above categories are the same as described in the Administration Budget. No expenditures planned for this fiscal year.
General Fund Renewal & Replacement Fund
The line item is for Storm Water Renewal and Replacement Fund recommending 5% of the Maintenance Special Assessments Revenue for emergency repairs related to the storm water infrastructure and planned Capital Improvement Projects which were not captured in the Water Management Bond.
Emergency Storm Water Repairs:	$ 1 13,333	
Lake Harvey Strom Water Project:	$ 440,000	
Basin 4E to 5 inter-connect:	$1,150,000	

ST. LUCIE WEST SERVICES DISTRICT
WATER AND SEWER FUND BUDGET OVERVIEW

Budget Discussion

The budget is an annual process that involves the Board of Supervisors, District Manager and staff, operations and billing personnel, engineers, rate consultant and others. This process must first consider anticipated revenues we will receive from operations so as to determine the resources available to be budgeted. First claim on the resources will be the essential costs necessary for the proper operation and maintenance of the utility operations. The next priority must be to fund those areas necessary to satisfy the requirements of the revenue bonds issued to build and improve the water and sewer systems. Any remaining funds may then be utilized for the capital improvement program and remaining needs.

We have divided the budget into two parts: the operating budget, which includes the Debt Service Requirements and the capital improvement budget. The operating budget includes routine operating expenditures. The capital budget is for infrastructure improvements, system expansion to handle customer growth, renewal and replacements, service extensions and additions or extraordinary repairs.

Certain decisions, especially in the capital improvement program, made during the budget process have an impact that extends to multiple fiscal years and not only the year in which the Board approves the budget. In order to demonstrate this impact, we have developed five (5) year forecasts for both the operating and capital budgets.

We anticipate finishing FY 2015 with a deficit due to the transfer of Unrestricted Utility Fund for the Wastewater Treatment Plant Expansion. The Proposed Budget for FY 2016 reflects no Rate Increase. The Proposed Budget for FY 2016 anticipates a surplus.

Assumptions Used in Preparing the Budget

Inflation – The following inflationary rates are utilized; for the regular salaries line item this year we are proposing an Equalization Funding Program of a $1,000 increase to all employees the second pay period in October. The U.S. Bureau of Labor Statistics Consumer Price Index - All Urban Customers, U.S. City Average, Services, for most other line items, where applicable, a general inflationary rate of 2% is utilized. There are some exceptions such as health insurance 10% this year, and liability insurance 5% this year for which national projections call for continuing increases. Energy costs are expected to grow at an inflation rate of 2% as well.

Rate Adjustment – There is no rate adjustment planned for FY 2016 in this budget based on the current factors. The Rate Stabilization Fund balance is expected to exceed $500,000 for FY2016.

Operating Improvements
This budget includes a few small dollar cost improvements. We are continuing the funding of the water conservation effort with customers by providing rebate on items such as low flow toilets and low flow shower heads. This program will be funded at an annual amount of $7,000 and is designed to encourage water conservation.

We are also taking efforts to improve customer service and billing for the utility, an item in the District’s Strategic Plan. The District will continue to conduct training sessions for customer service.

Capital Improvement Program

The capital improvement program has several items for your review, a total cost in FY 2016 of $1,710,843. In a continuation of a change started in FY 2006, we are proposing to continue to pay for the capital items directly rather than financing the purchase over a number of years. The typical interest rates charged for

lease financing are significant, and therefore the District can save a significant amount by purchasing these items rather than leasing them. The Renewal and Replacement Fund Budget is $1,025,793; the Water Connection Fee Budget is $415,000, the Wastewater Connection Fee Budget is $0 and the Capital Outlay Budget is $270,050 for FY 2016.

Major capital projects contained in the capital budget for FY 2016 include the continuation of the Lift Station Renewal and Replacement project at $185,766, Emergency Renewal and Replacement Projects at
$184,454, and Reuse irrigation pump station repairs at $125,000 (FY 2016). The Renewal and Replacement Fund also includes funding for emergency repairs to Association irrigation system if approved. The Water Connection Fee Fund has two major project planned for FY2016 the water treatment plant water line extension project estimated at $255,000 and the concentrate tank expansion. The Wastewater Connection Fee Fund has no major projects planned for FY2016 the WWTF expansion project that started in FY2014 will be complete in August 2016.

St. Lucie West Services District Water and Sewer Fund Budget Summary

 	FY 2014	
 	ACTUAL	

ADD REVENUES:	 	FY 2015	
 ORIGINAL BUDGET	 	FY 2015	
 	ESTIMATE		 	FY 2016	
   PROPOSED 	
Billed Water Revenues	3,000,721	2,943,760	2,993,760	2,993,760	
Billed Wastewater Revenues	3,502,167	3,381,080	3,481,080	3,481,080	
Billed Irrigation Revenue	1,800,972	1,803,348	1,799,348	1,799,348	
Wholesale Water & Wastewater	499,782	541,042	514,042	505,042	
AFPI Revenue	63,866	8,226	24,890	2,484	
Other Operating Revenue	 	108,819 	 	66,560 	 	76,820 	 	55,568 	
TOTAL OPERATING REVENUES	8,976,326	8,744,016	8,889,940	8,837,282	
NON-OPERATING INCOME AND EXPENSES				
Transfer from WCF to Pay Debt	-	-	-	-

TOTAL NON-OPERATING REVENUES	-	-	-	-

FUND BALANCE, October 1	7,010,765	4,416,532	7,449,292	5,073,032	
TOTAL REVENUES AVAILABLE	15,987,091	13,160,548	16,339,232	13,910,314	

DEDUCT EXPENDITURES:
Board of Supervisors	

14,444	

16,468	

16,468	

16,504	
District Manager	16,056	16,544	16,544	16,710	
Finance	297,289	333,145	330,145	333,007	
Property Control	5,043	22,298	20,298	13,501	
Utility Rate Consultant	13,961	14,240	14,240	14,382	
Clerk to the Board	13,548	16,952	16,952	17,121	
Legal Services	73,009	51,254	52,254	49,908	
Engineering Services	36,199	71,912	91,912	77,831	
Administration Division	1,185,275	1,393,229	1,346,145	1,488,946	
Water Treatment Plant Division	902,137	957,359	958,825	988,009	
Wastewater Treatment Plant Division	1,187,086	1,286,261	1,275,565	1,076,554	
Underground Utilities Division	978,937	1,116,937	1,120,704	1,147,321	
Irrigation Division	281,767	337,260	345,592	377,986	
Debt Service Payments	2,962,161	2,513,871	2,517,871	2,525,431	
Rate Stabilization Fund Transfer Out	50,000	-	-	-	
Capital improvement Projects	-	-	2,688,854	-	
Renewal & Replacement Transfers	 	520,886 	 	453,829 	 	453,829 	 	626,740 	
TOTAL EXPENDITURES	8,537,799	8,601,560	11,266,200	8,769,953	
WWTP Expansion					
FUND BALANCE, SEPTEMBER 30	 	7,449,292 	 	4,558,988 	 	5,073,032 	 	5,140,361 	

AFPI Revenue
$2,484.00 0.03%

Other Operating Revenue
$55,568.00 0.63%

Wholesale Water & Wastewater
$505,042.00 5.71%

Billed Water Revenues
$2,993,760.00 33.88%

Billed Irrigation Revenue
$1,799,348.00 20.36%

Billed Wastewater Revenues
$3,481,080.00 39.39%

TOTAL REVENUES	$	8,837,282		

 	TOTALS		
PERCENT
 	REVENUES		
Billed Water Revenues	$	2,993,760.00	33.88%	
Billed Wastewater Revenues	$	3,481,080.00	39.39%	
Billed Irrigation Revenue	$	1,799,348.00	20.36%	
Wholesale Water & Wastewater	$	505,042.00	5.71%	
AFPI Revenue	$	2,484.00	0.03%	
Other Operating Revenue	  $	55,568.00 	 	0.63%	
TOTAL REVENUE	$	8,837,282	100.00%	

W&S PRIOR YEARS FUND BALANCE	
$	5,073,032		

Capital improvement Projects 0.00%

Board of Supervisors 0.19%

District Manager 0.19%

Rate Stabilization Fund 0.90%

R & R Transfers 7.15%

Finance 3.80%

Property Control 0.15%
Utility Rate Consultant 0.16%

Clerk to the Board 0.20%

Legal Services 0.57%

Debt Service Payments 29%

Engineering Services 0.89%

Administration Division 16.98%

Irrigation Division 4.31%

Underground Utilities Division 13.08%

Wastewater Treatment Plant Division 12.28%

Water Treatment Plant Division 11.27%

TOTAL EXPENDITURES	$	8,769,953		

 	TOTALS		
PERCENT
  EXPENDITURES 	
Board of Supervisors	$	16,504	0.19%	
District Manager	16,710	0.19%	
Finance	333,007	3.80%	
Property Control	13,501	0.15%	
Utility Rate Consultant	14,382	0.16%	
Clerk to the Board	17,121	0.20%	
Legal Services	49,908	0.57%	
Engineering Services	77,831	0.89%	
Administration Division	1,488,946	16.98%	
Water Treatment Plant Division	988,009	11.27%	
Wastewater Treatment Plant Division	1,076,554	12.28%	
Underground Utilities Division	1,147,321	13.08%	
Irrigation Division	377,986	4.31%	
Debt Service Payments	2,525,431	28.80%	
Rate Stabilization Fund Transfer	-	0.00%	
Capital improvement Projects	-	0.00%	
R & R Transfers	 	626,740 	 	7.15%	
TOTAL EXPENDITURES	$	8,769,953	100.00%	

Actual		
Actual YTD		
Estimate EOY		
Orig. Budget	Amend &
Adj's		Final Amended
Budget		
Budget			
Forecast		
		FY 2014		FY 2015		FY 2015		FY 2015	FY 2015		FY 2015		FY 2016		FY 2017	FY 2018	FY 2019	FY 2020	
													631,358					
	Water & Sewer Fund Balance (Beginning)	7,010,765		7,449,292		7,449,292		4,416,532	3,032,760		7,449,292		5,073,032		5,140,361	5,245,105	5,406,035	5,662,264	
	Rate Stabilization Fund Balance (Beginning)	480,381						530,381			530,381		530,381		555,381	580,381	580,381	580,381	
	OPERATING REVENUE																	
	Grants	-				-		-			-		-		-	-	-	-	
5-04006	Billed Water Revenue Consumption	3,000,721				3,029,846		2,943,760	50,000		2,993,760		2,993,760		3,069,016	3,159,167	3,245,754	3,245,754	
5-04106	Billed Water Revenue Base																	
5-04007	Billed Wastewater Revenue Consumption	3,502,167				3,528,938		3,381,080	100,000		3,481,080		3,481,080		3,528,181	3,619,290	3,709,554	3,709,554	
5-04107	Billed Wastewater Revenue Base																	
5-04009	Billed Irrigation Revenue Consumption	1,800,972				1,787,472		1,803,348	(4,000)		1,799,348		1,799,348		1,881,118	1,927,374	1,975,082	1,975,082	
5-04109	Billed Irrigation Revenue Base																	
5-04010	Late Fees	87,203				69,599		38,000	17,170		55,170		38,000		38,000	38,000	38,000	38,000	
5-04012	Miscellaneous Fees	14,352				11,156		17,000	(6,000)		11,000		5,000		17,000	17,000	17,000	17,000	
5-04014	Wholesale Water Revenue	229,532				249,265		251,259	(12,000)		239,259		232,259		274,837	281,509	288,389	288,389	
5-04018	Meter Set Fees	4,300				4,860		3,710	340		4,050		3,550		3,550	4,190	4,040	4,040	
5-04021	Wholesale Wastewater Revenue	270,249				290,794		289,783	(15,000)		274,783		272,783		302,439	309,958	317,714	317,714	
5-04022	Interest (Operating)	2,963				2,147		3,050	(1,250)		1,800		4,218		5,388	5,571	5,571	5,571	
	Rate Stabilization Fund	-						-			-		-		-	-	-	-	
5-04046	Tanker Truck Water Service	-				-		4,800			4,800		4,800		4,800	4,800	4,800	4,800	
5-04033	Water Impact (AFPI)	34,941				19,971		4,501	12,141		16,642		1,359		1,359	1,359	1,359	1,359	
5-04035	Wastewater Impact (AFPI)	28,925				9,897		3,725	4,523		8,248		1,125		1,125	1,125	1,125	1,125	
	Total Revenues	$ 8,976,326				$ 9,003,945		$ 8,744,016	$ 145,924		$	8,889,940		$ 8,837,282		$	9,126,813	
$	9,369,343	$	9,608,388	$ 9,608,388	
	
OPERATING EXPENSES							
$ 3,497,606					
$ 3,534,913					
	 Board of Supervisors							$	918,926					$ 1,538,119					
5-05001	Executive Salaries	11,514				10,817		12,000			12,000		12,000		12,000	12,000	12,000	12,000	
5-05002	FICA	881				736		918			918		918		918	918	918	918	
5-05003	Other Contractual Services	51				-		769	-		769		777		794	812	830	848	
5-05004	Board Meeting Expenses	942				606		1,105			1,105		1,116		1,140	1,165	1,191	1,217	
5-05005	Contingencies	1,056				-		1,676			1,676		1,693		1,730	1,768	1,807	1,847	
	TOTAL BOARD OF SUPERVISORS	14,444				12,158		16,468	-		16,468		16,504		16,583	16,663	16,746	16,830	
	
District Manager																	
5-06002	Management Contract	14,755				-		14,755			14,755		14,903		15,231	15,566	15,908	16,258	
5-06003	Travel & Per Diem	1,301				1,021		1,789	-		1,789		1,807		1,847	1,887	1,929	1,971	
	TOTAL DISTRICT MANAGER	16,056				1,021		16,544	-	-		16,544		16,710		17,078	
17,453	17,837	18,230	
	
Finance																	
5-07001	Dissemination Agent	2,000				-		2,077			2,077		2,097		2,144	2,191	2,239	2,288	
5-07002	Arbitrage	-				-		2,400			2,400		2,400		2,400	2,400	2,400	2,400	
5-07003	Accounting Services	43,875				40,288		48,116			48,116		48,597		49,666	50,758	51,875	53,016	
5-07004	Auditing	14,710				17,652		17,643	-		17,643		17,820		18,212	18,613	19,022	19,441	
5-07006	Banking Services	14,385				12,812		17,632			17,632		17,808		18,200	18,600	19,009	19,428	
5-07007	Property & Casualty Insurance	220,505				203,213		204,678	(3,000)		201,678		202,885		247,029	259,380	272,349	285,967	
5-07009	Bad Debt	1,814				711		40,600			40,600		41,400		42,400	43,500	44,700	44,700	
	TOTAL FINANCE	297,289				274,676		333,145	-	(3,000)		330,145		333,007		380,050	
395,442	411,595	427,240	
	
Property Control																	
5-09001	Building & Land Rental	1,589				1,935		2,139			2,139		2,160		2,208	2,257	2,306	2,357	
5-09002	Vehicle Leasing	-				-		-			-		-		-	-	-	-	
5-09003	Computer Software/Licensing	451				4,041		5,552			5,552		2,608		2,665	2,724	2,784	2,845	
5-09004	Computer Hardware/Supplies	3,003				5,067		14,607	(2,000)		12,607		8,733		5,925	6,056	6,189	6,325	
	TOTAL PROPERTY CONTROL	5,043				11,043		22,298	-	(2,000)		20,298		13,501		10,798	11,036	11,279	11,527	
	
Utility Rate Consultant																	
5-11001	Other Contractual Services	13,961				14,979		14,240	-		14,240		14,382		14,699	15,022	15,353	15,690	
	TOTAL RATE CONSULTANT	13,961				14,979		14,240	-	-		14,240		14,382		14,699	15,022	15,353	15,690	
	
Clerk to the Board																	
5-13002	Other Contractual Services	9,426				8,654		9,860			9,860		9,959		10,178	10,402	10,631	10,865	
5-13004	Postage & Freight	1,006				1,150		1,407	-		1,407		1,421		1,452	1,484	1,517	1,550	
5-13005	Printing & Binding	2,124				2,059		3,096			3,096		3,127		3,196	3,266	3,338	3,412	
5-13006	Legal Ads	992				169		2,588			2,588		2,614		2,672	2,731	2,791	2,852	
	TOTAL CLERK TO THE BOARD	13,548				12,033		16,952	-		16,952		17,121		17,498	
17,883	18,277	18,679	
	
Legal Services																	
5-19001	General Counsel	45,357				19,018		40,734	-		40,734		41,141		42,045	42,970	43,916	44,882	

2,272,384

2,646,704

1,340,604

57,999
9,297
207,721
4,050
242,329
1,789

16,642
8,248	
$ 6,807,766	

9,014
613

505	
10,132	

- 850	
850	

33,573
14,710
10,677
198,213
592	
257,766	

1,613

3,367
4,223	
9,203	

12,483	
12,483	

7,212
958
1,716
141	
10,027	

15,848	

		
Actual		
Actual YTD		
Estimate EOY		
Orig. Budget	Amend &
Adj's		Final Amended
Budget		
Budget			
Forecas	
t		
		FY 2014		FY 2015		FY 2015		FY 2015	FY 2015		FY 2015		FY 2016		FY 2017	FY 2018	FY 2019	FY 2020	
													631,358						
5-23001	Special Counsel	27,652		8,801		10,561		10,520	1,000		11,520		8,767		8,767	8,767	8,767	8,767	
	TOTAL LEGAL COUNSEL	73,009		24,649		29,579		51,254	-	1,000		52,254		49,908		50,812	
51,737	52,683	53,649	
	
Engineering Services																			
5-26002	Engineering Services	36,199		61,148		73,378		71,912	20,000		91,912	77,831	74,387		75,875		77,393		78,941	
	TOTAL ENGINEERING	36,199		61,148		73,378		71,912	-	20,000		91,912	77,831	74,387		75,875		77,393		78,941	

	TOTAL ADMINISTRATION	1,185,275		947,893		1,130,462		1,393,229	-	(47,084)		1,346,145	1,488,946	1,615,260		1,691,967		1,759,275		1,824,722	
	WATER TREATMENT PLANT DIVISION
Personnel																			
5-15001	Regular Salaries	244,136		200,765		240,918		261,435	(3,000)		258,435	282,935	290,009		297,259		304,690		312,308	
5-15002	Overtime	33,419		28,892		34,670		25,003	10,000		35,003	32,878	33,700		34,542		35,406		36,291	
5-15003	FICA	20,633		17,459		20,950		21,913	536		22,448	24,160	24,764		25,383		26,017		26,668	
5-15004	Retirement Contributions	23,791		21,213		25,456		25,779	630		26,409	28,423	29,134		29,862		30,609		31,374	
5-15007	Travel & Per Diem	-				-		872			872	891	911		931		952		972	
5-15008	Uniforms	1,591		955		1,146		1,465			1,465	1,498	1,531		1,564		1,599		1,634	
5-15009	Subscriptions & Dues	190		750		900		1,138	(200)		938	959	980		1,001		1,023		1,046	
5-15010	Training & Education Costs	305		1,418		1,702		1,380	500		1,880	1,880	1,880		1,880		1,880		1,880	
	Total WTP Personnel:	324,065		271,451		325,742		338,985	8,466		347,451	373,624	382,907		392,423		402,176		412,172	
	WTP Operating																			
5-30001	Other Contractual Services	49,779		25,443		30,532		51,374			51,374	54,401	45,489		46,399		47,327		48,274	
5-30002	Operations & Maintenance Services	3,055		842		1,010		4,101			4,101	4,183	4,267		4,352		4,439		4,528	
5-30003	Laboratory Services	20,904		16,413		19,696		24,248	(1,000)		23,248	23,713	24,187		24,670		25,164		25,667	
5-30004	Operating Supplies	13,241		9,177		11,013		11,826			11,826	12,062	12,304		12,550		12,801		13,057	
5-30005	Electricity Services	185,030		130,843		157,011		185,622			185,622	180,054	189,056		198,509		208,435		218,857	

	ADMINISTRATION DIVISION
Personnel					
5-14001	Regular Salaries	432,001		341,399		409,679	428,117	(2,000)	426,117	433,117	443,945	455,043	466,419	473,080	
5-14003	Overtime	11,607		7,746		9,295	10,194		10,194	10,347	10,606	10,871	11,143	11,421	
5-14004	FICA	34,364		26,227		31,473	34,082	(153)	33,929	34,476	35,324	36,193	37,084	37,615	
5-14005	Retirement Contributions	36,465		30,914		37,096	39,448	(180)	39,268	39,912	40,910	41,932	42,981	43,605	
5-14006	Health/Life/Dental Insurance	343,183		286,790		344,148	388,878	(20,000)	368,878	388,278	427,106	469,816	502,703	537,893	
5-14007	Workers Comp	37,318		33,693		33,693	36,113	(2,000)	34,113	33,520	36,872	40,559	43,398	46,436	
5-14008	Unemployment Compensation	-		355		426	10,477	(5,000)	5,477	6,814	6,984	7,159	7,338	7,521	
5-14009	Travel & Per Diem	260				-	1,144		1,144	1,169	1,195	1,221	1,248	1,276	
5-14010	Uniforms	2,330		1,854		2,225	2,575		2,575	2,632	2,690	2,749	2,809	2,871	
5-14011	Subscriptions & Dues	1,238		1,295		1,554	2,475		2,475	2,529	2,585	2,642	2,700	2,759	
5-14012	Training & Education Costs	947		473		568	2,322		2,322	2,322	2,322	2,322	2,322	2,322	
5-14013	Vehicle Allowance	7,800		5,400		6,480	7,200		7,200	7,200	7,200	7,200	7,200	7,200	
	Total Administration Personnel:	907,513		736,147		876,638	963,025	(29,333)	933,692	962,315	1,017,737	1,077,708	1,127,346	1,173,999	
	ADMIN Operating														
5-29001	Other Contractual Services	112,350		94,570		113,484	131,560	(2,000)	129,560	124,151	126,634	129,166	131,750	134,385	
5-29002	Website Maintenance	3,251		2,539		3,046	2,875	200	3,075	3,136	3,199	3,263	3,328	3,395	
5-29003	Operating Supplies	11,760		5,160		6,192	12,750	(1,000)	11,750	11,985	12,225	12,469	12,719	12,973	
5-29004	Storm Water Fees	310		167		-	17,799	24,999	42,798	42,798	42,798	42,798	42,798	42,798	
5-29005	Telephone & Cell Service	18,003		12,200		14,640	17,458	2,200	19,658	20,051	20,452	20,861	21,278	21,704	
5-29006	Postage & Freight	38,160		32,736		39,283	39,008	500	39,508	40,298	41,104	41,926	42,765	43,620	
5-29007	Equipment Leasing	3,120		2,514		3,016	3,973		3,973	4,052	4,133	4,216	4,300	4,386	
5-29008	Vehicle Maintenance	440		1,242		1,490	956	600	1,556	1,587	1,619	1,651	1,684	1,718	
5-29009	Equipment Maintenance	55				-	402		402	411	420	430	440	450	
5-29010	Miscellaneous Expenses	2,629		(521)		(625)	3,122	(750)	2,372	2,419	2,468	2,517	2,567	2,619	
5-29011	Contingencies - Hurricane	-				-	-		-	-	-	-	-	-	
5-29012	Office Supplies	7,004	3,212		3,855	9,179	(3,000)	6,179	6,241	6,303	6,366	6,430	6,494	
5-29013	Fuel & Lubricants - Vehicle	61,475	45,249		54,299	67,545	(7,000)	60,545	66,599	73,259	80,585	88,644	97,508	
5-29014	Fuel & Lubricants - Equipment	15,547	8,551		10,261	16,084	(1,500)	14,584	16,043	17,647	19,412	21,353	23,488	
5-29015	Minor Construction Expenses	590	1,990		2,388	3,271	-	3,271	4,837	3,934	4,012	4,092	4,174	
5-29016	Project Maintenance Fees	-			-	6,300		6,300	6,426	6,554	6,685	6,819	6,955	
5-29017	Contingency (1.5%)	66			-	79,778	(20,000)	59,778	79,031	82,080	85,071	87,992	90,937	
5-29018	Electricity Services	3,000	1,787		2,145	2,645		2,645	2,566	2,694	2,829	2,970	3,119	
Total Administration Operating:	277,762	211,397		253,475	414,704	(6,751)	407,953	432,631	447,523	464,259	481,929	500,723	
Capital Outlay Administration												
5-29101	Equipment	-			-	-	-	-	-	-	-	-	-	
5-29102	Building	-	350		350	15,500	(11,000)	4,500	94,000	150,000	150,000	150,000	150,000	
5-29103	Other	-
Total Administration Capital Outlay:	-	-
350	 	-	-	-	- 
350	15,500	(11,000)	4,500	 	- 
94,000	 	-	-	-	- 
150,000	150,000	150,000	150,000	

Actual		
Actual YTD		
Estimate EOY		
Orig. Budget		Amend &
Adj's		Final Amended
Budget		
Budget			
Forecast		
		FY 2014		FY 2015		FY 2015		FY 2015		FY 2015		FY 2015		FY 2016		FY 2017	FY 2018	FY 2019	FY 2020	
														631,358					
5-30006	Vehicle Maintenance	813		1,030		1,236		1,289		-		1,289		1,315		1,341	1,368	1,395	1,423	
5-30007	Plant Maintenance	81,915		53,812		64,574		81,944				81,944		83,829		85,757	87,730	89,747	91,812	
5-30008	Miscellaneous Expenses	248		830		996		1,647				1,647		1,680		1,713	1,748	1,783	1,818	
5-30009	Chemicals	217,586		183,121		219,745		251,322		(10,000)		241,322		246,149		251,072	256,093	261,215	266,439	
5-30010	Water Conservation Grant Program	5,500		7,239		8,686		5,000		4,000		9,000		7,000		7,000	7,000	7,000	7,000	
	Total WTP Operating:	578,072		428,749		514,499		618,374		(7,000)		611,374		614,386		622,187	
640,419	659,306	678,875	
	Capital Outlay WTP																		
5-30101	Equipment	-	-	-	-	-	-	-	27,000	-	-	-	
5-30102	Building	-
5-30103	Other	-	-
-	-
 	-		-
-		-
-		-
- 	-
 	- 	-
 	-		-	-
-	-		-
- 	

Total WTP Capital Outlay:	-	-		-		-		-	-		-		27,000	-	-	-	
																	
TOTAL WATER TREATMENT PLANT DIVISION	902,137	-	700,201		840,241		957,359		1,466	958,825		988,009		1,032,094	1,032,842	1,061,482	1,091,047	

	Total WWTP Capital Outlay:	-	-		-		100,000		5,032		105,032	28,000	-		-		-		-	
																				
	TOTAL WASTEWATER TREATMENT PLANT DIVISIO	1,187,086	-	850,454		1,020,545		1,286,261		(10,695)		1,275,565	1,076,554	1,087,710		1,128,511		1,171,032		1,215,351	
	
UNDERGROUND UTILITIES DIVISION																			
	Personnel																			
5-17001	Regular Salaries	399,097	332,192		398,630		433,717		(1,000)		432,717	442,000	453,050		464,376		475,986		487,885	
5-17002	Overtime	42,119	39,152		46,982		52,136		(1,000)		51,136	51,136	52,415		53,725		55,068		56,445	
5-17003	FICA	33,088	28,109		33,731		37,168		(153)		37,015	37,725	38,668		39,635		40,626		41,641	
5-17004	Retirement Contributions	36,182	25,246		30,295		43,727		(180)		43,547	44,382	45,492		46,629		47,795		48,990	
5-17007	Travel & Per Diem	-			-		637				637	651	665		679		694		710	
5-17008	Uniforms	4,747	4,118		4,942		7,258				7,258	7,418	7,581		7,748		7,918		8,092	
5-17009	Subscriptions & Dues	355	355		426		751		-		751	767	784		801		819		837	
5-17010	Training & Education Costs	1,485	1,830		2,196		2,595		-		2,595	2,595	2,595		2,595		2,595		2,595	
	Total UGU Personnel:	517,072	431,002		517,202		577,988		(2,333)		575,655	586,674	601,249		616,189		631,501		647,195	
	UGU Operating										-									
5-32001	Other Contractual Services	229,228	177,556		213,068		204,351		-		204,351	208,438	212,607		216,859		221,196		225,620	
5-32002	Operations & Maintenance Services	74,695	76,794		92,152		66,822		25,000		91,822	93,658	95,531		97,442		99,391		101,379	
5-32003	Operating Supplies	85,355	56,824		68,189		77,614		(4,000)		73,614	75,086	76,588		78,120		79,682		81,276	
5-32004	Electricity Services	32,721	25,016		30,020		31,766		500		32,266	31,298	32,863		34,506		36,232		38,043	
5-32005	Vehicle Maintenance	10,208	6,203		7,444		11,898				11,898	12,136	12,379		12,626		12,879		13,136	
5-32006	Lift Station Maintenance	26,371	11,924		14,309		24,155		(3,000)		21,155	21,642	22,140		22,649		23,170		23,703	
5-32007	Miscellaneous Expenses	1,135	1,904		2,285		2,294		-		2,294	2,340	2,386		2,434		2,483		2,532	
	Total UGU Operating:	459,713	356,223		427,467		418,899		18,500		437,399	444,597	454,493		464,635		475,031		485,688	

	WASTEWATER TREATMENT PLANT DIVISION
Personnel						-			-	-	-	-	-	
5-16001	Regular Salaries	229,486		190,420		228,503	249,020	(4,000)	245,020	268,000	274,700	281,568	288,607	295,822	
5-16002	Overtime	28,128		41,584		49,901	34,767	16,000	50,767	41,036	42,062	43,113	44,191	45,296	
5-16003	FICA	19,426		17,805		21,366	21,710	918	22,628	23,641	24,232	24,838	25,459	26,096	
5-16004	Retirement Contributions	19,350		15,812		18,975	25,541	1,080	26,621	27,813	28,509	29,221	29,952	30,701	
5-16007	Travel & Per Diem	889				-	1,745		1,745	1,784	1,823	1,863	1,904	1,946	
5-16008	Uniforms	1,912		1,972		2,367	1,993	100	2,093	2,139	2,186	2,234	2,283	2,333	
5-16009	Subscriptions & Dues	135		801		961	1,295		1,295	1,323	1,352	1,382	1,412	1,443	
5-16010	Training & Education Costs	1,229		779		934	2,000	-	2,000	2,000	2,000	2,000	2,000	2,000	
	Total WWTP Personnel:	300,554		269,173		323,007	338,071	14,098	352,169	367,736	376,864	386,220	395,809	405,637	
	WWTP Operating								-						
5-31001	Other Contractual Services	31,921		15,381		18,457		36,960		(3,000)		33,960	34,639	35,332		36,039		36,759		37,495	
5-31002	Operations & Maintenance Services	3,510		4,254		5,104		4,937		1,000		5,937	6,055	6,177		6,300		6,426		6,555	
5-31003	Laboratory Services	28,195		20,735		24,882		36,104		(1,500)		34,604	35,296	36,002		36,722		37,457		38,206	
5-31004	Operating Supplies	11,276		11,489		13,786		14,065				14,065	14,346	14,633		14,925		15,224		15,528	
5-31005	Sludge Disposal	525,474		306,110		367,331		437,552		(20,000)		417,552	255,000	267,750		281,138		295,194		309,954	
5-31006	Electricity Services	168,035		124,914		149,897		182,089				182,089	182,089	191,194		200,754		210,791		221,331	
5-31007	Vehicle Maintenance	570		1,298		1,557		2,445				2,445	2,494	2,544		2,595		2,646		2,699	
5-31008	Plant Maintenance	40,344		36,039		43,247		42,444		1,500		43,944	44,955	45,989		47,047		48,129		49,236	
5-31009	Miscellaneous Expenses	180		378		453		293		175		468	478	487		497		507		517	
5-31010	Chemicals	77,027		60,685		72,822		91,300		(8,000)		83,300	105,465	110,738		116,275		122,089		128,194	
	Total WWTP Operating:	886,532		581,282		697,538		848,190		(29,825)		818,365	680,818	710,846		742,291		775,223		809,714	
Capital Outlay WWTP
5-31101	Equipment	-
5-31102	Building	-
5-31103	Other	-		
-
-
-	
-	100,000	5,032	105,032
-	-	-	-
 	-	-	-	- 	
28,000
-
 	- 	
-	-	-	-
-	-	-	-
 	-	-	-	- 	

		
Actual	
Actual YTD		
Estimate EOY		
Orig. Budget		Amend &
Adj's		Final Amended
Budget		
Budget			
Forecas	
t		
		FY 2014	FY 2015		FY 2015		FY 2015		FY 2015		FY 2015		FY 2016		FY 2017	FY 2018	FY 2019	FY 2020	
													631,358						
	Capital Outlay UGU																		
5-32101	Equipment	-	49,101		58,921		104,000		(20,000)		84,000		115,000		84,150	78,358	46,000	35,000	
5-32102	Building	-	984		-		15,000				15,000		-		-	-	-	-	
5-32104	New Meters	2,151	8,601		-		1,050		7,600		8,650		1,050		1,050	1,050	1,050	1,050	
5-32103	Other	-			-		-		-		-		-		-	-	-	-	
	Total UGU Capital Outlay:	2,151	58,686		58,921		120,050		(12,400)		107,650		116,050		85,200	79,408	47,050	36,050	
																			
	TOTAL UNDERGROUND UTILITIES DIVISION	978,937	-	845,910		1,003,591		1,116,937		3,767		1,120,704		1,147,321		1,140,943	1,160,232	1,153,582	1,168,934	
	
IRRIGATION DIVISION																		
	Personnel																		
5-18001	Regular Salaries	38,564	30,009		36,011		40,092				40,092		41,092		42,120	43,173	44,252	45,358	
5-18002	Overtime	4,687	6,942		8,331		5,497		5,000		10,497		10,759		11,028	11,304	11,586	11,876	
5-18003	FICA	3,229	2,783		3,340		3,488		383		3,870		3,967		4,066	4,167	4,272	4,378	
5-18004	Retirement Contributions	3,885	3,345		4,014		4,103		450		4,553		4,667		4,783	4,903	5,025	5,151	
5-18005	Health/Life/Dental Insurance				-		-		-		-		-		-	-	-	-	
5-18006	Workers Comp				-		-		-		-		-		-	-	-	-	
5-18007	Travel & Per Diem	-			-		583		-		583		595		608	622	635	649	
5-18008	Uniforms	419	458		550		686				686		701		717	733	749	765	
5-18009	Training & Education Costs	185			-		500		-		500		500		500	500	500	500	
	Total IRR Personnel:	50,969	43,538		52,246		54,948		5,833		60,781		62,281		63,822	65,401	67,019	68,678	
	IRR Operating										-								
5-33001	Other Contractual Services	6,201	27,606		33,127		32,673		6,000		38,673	39,446	40,235		41,040		41,861		42,698	
5-33002	Operations & Maintenance Services	19,103	22,293		26,752		24,351		5,000		29,351	29,938	30,537		31,148		31,770		32,406	
5-33003	Laboratory Services	80			-		640				640	653	666		679		693		706	
5-33004	Operating Supplies	5,306	3,357		4,028		8,730		(2,000)		6,730	6,864	7,001		7,141		7,284		7,430	
5-33005	Electricity Services	152,735	103,310		123,972		150,654		-		150,654	146,134	153,441		161,113		169,169		177,627	
5-33006	Vehicle Maintenance	1,825	1,848		2,218		2,389		-		2,389	2,437	2,485		2,535		2,586		2,637	
5-33007	Equipment Maintenance	1,003	164		196		4,446		(1,000)		3,446	3,525	3,607		3,689		3,774		3,861	
5-33008	Maintenance - Irrigation	20,698	19,872		23,847		32,141		(1,000)		31,141	31,857	32,589		33,339		34,106		34,890	
5-33009	Miscellaneous Expenses	345	277		332		927				927	946	964		984		1,003		1,023	
5-33010	Chemicals	23,503	12,504		15,004		25,362		(4,500)		20,862	21,905	23,000		24,150		25,358		26,625	
	Total IRR Operating:	230,798	191,230		229,476		282,312		2,500		284,812	283,705	294,526		305,819		317,604		329,905	
Capital Outlay IRR
5-33101	Equipment	-
5-33102	Building	-
5-33103	Other	-	
-
-
-	
-	-	-	-
-	-	-	-
-	-	-	-	
32,000
-
-	
-	-	-	-
-	-	-	-
-	-	-	-	

Total IRR Capital Outlay:	-	-		-		-		-		-		32,000		-		-		-		-	
																					
TOTAL IRRIGATION DIVISION	281,767	-	234,768		281,722		337,260		8,333		345,592		377,986		358,348		371,220		384,623		398,584	
																					
Total Operating Expenses	5,004,752	3,965,485		4,705,428		5,633,860		(28,214)		5,605,646		5,617,782		5,816,260		5,985,883		6,151,155		6,339,422	

NON-OPERATING INCOME AND EXPENSES
Other Income
Transfer from Water Connection Fees to Pay Debt	-		

-	

-	-	-	

-	

-	-	-	-	
5-34001	TOTAL NON-OPERATING INCOME	-		-		-	-				-	-	-		-		-		-	

5-27011	
DEBT SERVICE EXPENSES
Cost of Issuance	

155,038						

4,000		

4,000									
5-27005	Interest 2004 Bond issue	580,850				290,425		-		290,425									
5-27013	Principal 2014 Bond Issue Refi of 2004	240,000				240,000				240,000	155,000	155,000		160,000		170,000		170,000	
5-27012	Interest 2014 Bond Issue Refi of 2004	39,793		212,719		39,793				39,793	425,439	419,843		414,248		408,472		408,472	
5-27008	Principal 2011 Bond Issue	960,000				985,000				985,000	1,015,000	1,045,000		1,070,000		1,105,000		1,105,000	
5-27007	Interest 2011 Bond issue	630,990		301,815		603,630		-		603,630	575,558	546,630		516,848		486,353		486,353	
5-27010	Principal 2013 Bond Issue	225,000				230,000		-		230,000	235,000	245,000		250,000		255,000		255,000	
5-27011	COI Expense			4,000															
5-27009	Interest 2013 Bond issue	130,491		62,512		125,024		-		125,024	119,435	113,724		107,771		102,771		102,771	
	TOTAL DEBT SERVICE:	2,962,161		581,046		-	2,513,871		-		2,517,871	2,525,431	2,525,197		2,518,866		2,527,595		2,527,595	
	
RATE STABILIZATION																		
	Transfer Out to Rate Stabilization Fund	 	50,000 		 	- 		 	-	 	- 		 			 	- 	 	- 	 	25,000 		 	25,000 		 	- 		 	- 	
TOTAL RATE STABILIZATION SERVICE:	50,000

CAPITAL IMPROVEMENT & TRANSFERS
Capital Improvement Program - WWTP Expansion		-

-	-	-	-	-

-	-	2,688,854	2,688,854	-

-	25,000	25,000	-	-	

Actual FY 2014

Actual YTD FY 2015

Estimate EOY FY 2015

Orig. Budget FY 2015

Amend & Adj's
FY 2015

Final Amended Budget
FY 2015

Budget FY 2016

FY 2017

FY 2020

FY 2019

FY 2018

Forecast

5-28127	Required R&R Transfer to Capital (5%)	420,886 Additional R&R Transfer for CIP's	100,000
Cash Carry Forward for R&R CIP	-

631,358
453,829	453,829	451,740	455,612	478,665	473,409	473,409
-	-	175,000	200,000	200,000	200,000	200,000
-	-	-	-	-	-	-	-	-

302,553
-
-

TOTAL CI & TRANSFERS EXPENSES:	520,886	302,553	-	453,829	2,688,854	3,142,683	626,740	655,612	678,665	673,409	673,409

Total Expenses

$ 8,537,799

$ 4,849,084

$ 4,705,428

$ 8,601,560

$ 2,660,640

$	11,266,200

$ 8,769,953

$	9,022,069

$	9,208,414

$	9,352,159

$ 9,540,426

Total Revenues

$ 8,976,326

$ 6,807,766

$ 9,003,945

$ 8,744,016

$     145,924	$

8,889,940

$ 8,837,282

$	9,126,813

$	9,369,343

$	9,608,388

$ 9,608,388

 	 	 	 	 	

Surplus/(Deficit) Before Transfer from
(to) Operating Reserve	438,527	1,958,683	4,298,517	142,456	(2,514,715)	(2,376,260)	67,329	104,744	160,929	256,229	67,962

Available Operating Cash Balance (Ending)	$ 7,449,292	$ 9,407,975	$ 11,747,809	$ 4,558,988	$ 518,044		$	5,073,032		$ 5,140,361		$	5,245,105		$	5,406,035		$	5,662,264		$ 5,730,226	

*Coverage Provided (Required > 1.10)	
1.30			
1.23			
1.29		
1.27		
1.30		
1.33		
1.37		
1.29	
**Coverage w/R&R deducted (Required > 1.00)	1.16			1.13			1.18		1.17		1.19		1.20		1.22		1.15	

REVENUE SOURCES

St Lucie West Services District receives approximately 72.4% of their operating Revenues from the sale of water and wastewater service. Another 20.6% of the operating revenue is received from irrigation services. The FY 2016 Budget assumes no rate increase to all utility rates.

Billed Wastewater Revenues
$3,481,080.00 39.39%

Billed Irrigation Revenue
$1,799,348.00 20.36%

Billed Water Revenues
$2,993,760.00 33.88%

Other Operating Revenue
$55,568.00 0.63%

Wholesale Water & Wastewater
$505,042.00 5.71%

AFPI Revenue
$2,484.00 0.03%

Water & Sewer Revenue

Billed Water Revenue
Revenue billed for potable water services. The water revenue budget assumes a 0.1% increase in total customers (ERU’s) and no rate increase.
Water Customers	FY 14-15	FY 15-16	FY 16-17	FY 17-18	
Commercial Customers	481	481	481	481	
Residential Customers	6303	6304	6304	6304	

Billed Wastewater Revenue
Revenue billed for the wastewater services. The wastewater revenue budget assumes a 0.1% increase in total customers (ERU’s) and no rate increase.
Wastewater Customers	FY 14-15	FY 15-16	FY 16-17	FY 17-18	
Commercial Customers	425	425	425	425	
Residential Customers	6303	6304	6304	6304	

Irrigation Revenue
Revenue billed for the irrigation services. The irrigation revenue budget assumes a minor increase in total customers and no rate increase.
Irrigation Customers	FY 14-15	FY 15-16	FY 16-17	FY 17-18	
Commercial Customers	217	217	217	217	
Residential Customers	6207	6208	6208	6208	

Late Fee Revenue
Late fees are charges assessed on customer accounts due to late payment of the customer’s utility bills. The budget for FY 2016 is based on historical revenues, however using a conservative assumption for the budget year.

Miscellaneous Fees
Miscellaneous revenues that the Utility receives. The budget for FY 2016 is based on historical revenues, however using a conservative assumption for the budget year.

Wholesale Water/Wastewater Revenue
Revenue received from the sale of wholesale water and wastewater services. At times the District may choose to enter into an agreement with an organization to sell wholesale water at wholesale prices. Currently the District has an agreement with the Reserves for the purchase of wholesale water and wastewater. The gallonage (commodity) charge is equal to eighty percent (80%) of the retail water and sewer service rate (per 1,000 gallons) in effect at the time of payment.

Meter Set Fees
Revenue received for the setting of new meters.

Interest Revenue – Operating Revenues
This account reflects all interest earnings in all non-restricted cash accounts that belong to the Water & Sewer Fund.

Rate Stabilization Fund – Operating Revenues
This revenue is funded from available unrestricted operating reserves from previous FY’s.

Tanker Truck Water Service – Operating Revenues
This revenue is for water provided to water tanker trucks such-as pest control, fertilizer companies and contractors.

Water & Wastewater Connection Fees (AFPI Portion)
The Allowance for Funds Prudently Invested (AFPI) charge is the unrestricted portion of the Water & Wastewater Connection Fees that is used to recover the fixed operating, maintenance, and replacement costs and associated financing charges for those customers requiring service subsequent to the construction of the Water and Wastewater facilities by the District.

Capital Fund Revenues

Water & Wastewater Connection Fees
Fees collected from the district to acquire, construct, equip or expand the capacity of the Water & Wastewater facilities of the Utility System for the purpose of paying or reimbursing the equitable share of the capital costs relating to such acquisition, construction, expansion, or equipping of unused capacity of the Water and Wastewater facilities of the utility system and new developments within the service area of the utility system. Such fees may include interest carrying costs associated with the water and wastewater facilities of the utility system.

OPERATING EXPENSE’S

Operating expenses include the cost for personnel, materials, maintenance, service and equipment required for the Water & Sewer Utility to Function. They include expenses directly related to the Utility service activities.

Board of Directors

Executive Salaries
Salaries paid to the Board of Directors for their public service. Salaries are paid on a $200 per board meeting, for a total maximum amount of
$4,800 per seat, per fiscal year. This expense is shared equally with the General Fund.

FICA
This line includes the Districts portion of the social security and Medicare expense for Salaries of the Board of Supervisors. The Federal rate for these combined expenses is 7.65% of total salaries.

Other Contractual Service
Contractual Services requested by the board for the betterment of Board decisions and/or activities. Such expenses include strategic planning.

Board Meeting Expenses
This includes expenses directly relating to board meetings. The budget was decrease due to the expectation of the new meeting room included in the new administration office.

Contingencies
These charges are allocated for any miscellaneous charges that may occur during the year that are directly requested by the board of directors.

District Manager

Management Contract
Charges directly relating to the District Manager’s service contract. The charge for FY 2016 is based on the salary difference of the Utility Director salary and the Contract for the District Manager which is projected to be $29,510 shared between the Water & Sewer Fund 50% and the General Fund 50%. There is no increase planned for this FY.

Travel & Per Diem
Charges billed directly from SDS, Inc. or the District Manager for travel expenses as allowed by the contract for District Business. All charges are billed in accordance with Section 112.061, Florida Statutes.

Finance

Dissemination Agent
This line includes charges for a dissemination agent who prepares reports regarding the compliance with bond issues.

Arbitrage
This line includes charges relating to the annual arbitrage review relating to interest earned versus interest paid.

Accounting Services
This includes the contracted services for Financial Services with SDS, Inc. The FY 2016 budget assumes a 0% increase from the previous year per the contract with SDS.

Auditing
This includes expenses that are incurred from the Districts Annual Financial Audit as required by Florida Statutes. This amount is split between the Water & Sewer Fund and the General Fund, 56% and 44% respectively.

Banking Services
Charges for banking services such as bank service charges and trust account administration expenses.

Property & Casualty Insurance
This expense includes the annual insurance premium that provides protection for the Districts general liability, auto and property coverage. The agent has been asked to provide and estimate of total premiums for FY 2016. Coverage is from October 1 through September 30 each year.

Bad Debt
This expense is an expense that is assessed upon accounts receivable accounts that are expected to be written off due to nonpayment.

Property Control

Building & Land Rental
Charges for the storage rental space.

Computer Software/Licensing
Charges for yearly software and/or licensing obligations for computer equipment used for the utility.

Computer Hardware/Supplies
This line item includes new and replacement computer hardware and supplies. The billing department needs several computer upgrades this FY.

Utility Rate Consultant

Other Contractual Services
Contractual services provided by PRMG for the Revenue Sufficiency Analysis Update.

Clerk to the Board

Other Contractual Services
Contractual services provided by SDS, Inc for the Board Clerk and records service provided. This expense is shared 60% to 40% with the General Fund.

Postage & Freight
This line item includes postages charges that are invoiced from the district management office. These charges include postage charges for sending out regular mail, packages and vendor checks.

Printing & Binding
Charges for printing and binding agendas, packages, audit reports and budget materials as well as copy charges for the normal daily work flow.

Legal Ads
Charges for legal ads posted in the local newspapers for notices of Board meetings and Public Hearings.

General Counsel

Legal Services
Legal fees associated with the District’s Attorney. These fees include charges for regular legal business matters within the District.

Special Counsel

Legal Services
Legal fees associated with any special legal matters the District may have. For the FY 2016 budget this line item includes legal matters regarding Human Resources matters.

Engineering Services

Engineering Services
Charges billed from the District Engineer office. These charges include any general engineering services or Work Authorization preparation that directly relates to the Utility. The engineer is paid for actual hours for services delivered.

WATER & SEWER FUND ADMINISTRATION DIVISION
Water & Sewer Administration Division - Personnel

Regular Salaries
This description is the same for all Division in the Utilities Department and includes employee’s basic salaries. The total budget is estimated using a tabulation of all approved positions, applying the appropriate increases and allowing a factor for unfilled vacancies. Proposed one floating operator position between the Water Treatment Plant and the Wastewater Treatment Plant for FY2016 this will assist in additional coverage. This year we are proposing an Equalization Funding Program of a $1,000 increase to all employees the second pay period in October. This also reflects for license or certifications increases.

Overtime
This description is the same for all Division in the Utilities Department: This line includes departmental overtime expenses.

FICA
This description is the same for all Division in the Utilities Department: This line includes the Districts portion of the social security and Medicare expense for Salaries of the District’s employees. The Federal rate for these combined expenses is 7.65% of total salaries.

Retirement Contributions
This description is the same for all Division in the Utilities Department: After one year of employment the District provides a 9% contribution into a SEP IRA for all full time employees. This contribution is paid on a monthly basis.

Health/Life/Dental Insurance
This includes health, life and dental insurance benefits provided to all employees of the District. No increase was negotiated for FY 2016.

Workers Compensation
The District provides workers compensation to any employee who is injured while at work. Under the provisions of the Florida Workers Compensation law, a no-fault insurance plan which is supervised by the State of Florida, the District pays for 100% of these benefits.

Unemployment Compensation
The District is required to reimburse the Unemployment Compensation Fund for any unemployment claims paid on behalf of the District.

Travel & Per Diem
This description is the same for all Division in the Utilities Department: The District pays for employees to obtain and upgrade certifications and licenses. In some cases the employee may need to travel to attend these classes or training courses. The district pays the employee travel and per diem according to Section 112.061, Florida Statutes.

Uniforms
This description is the same for all Division in the Utilities Department: The District provides an allotted amount of uniforms and/or safety equipment for all District employees each year depending on their position.

Subscriptions & Dues
This description is the same for all Division in the Utilities Department: This expense includes dues paid to professional organizations. These dues are required for the district to take part in special training or seminars and stay current in certain certifications.

Training, Cont. Education & Licensing
This description is the same for all Division in the Utilities Department: The District provides the employee with training opportunities in order to upgrade or obtain additional training and education. The FY 2016 budget is based on estimated costs of training to be attended during the year.

Vehicle Allowance
The District provides for a vehicle allowance for certain positions instead of providing a vehicle and associated costs.

Water & Sewer Administration Division - Operating

Other Contractual Services
This description is the same for all Division in the Utilities Department: Includes charges associated with service contracts related to the Administration Division such as office equipment repairs, computer support, Air conditioning services, Security alarm repairs and janitorial contracts.

Website Maintenance
The District will be looking into up-grading the current website for increased function for the budget year 2016.

Operating Supplies
This description is the same for all Division in the Utilities Department: Includes general supplies for the use and operation of the Administration Division.

Storm Water Fees
Storm water fees the District pays to the City of Port St Lucie for their share of Storm Water Maintenance Fees for the land owned and operated by the utility.

Telephone & Cell Services
These charges include the landline telephone service that is used in the District office as well as cellular phone services for all Utility Divisions.

Postage & Freight
This line item includes postage charges that are used primarily for the utility billing cycle as well as notices sent to residents regarding utility matters.

Equipment Leasing
Charges for leasing equipment which is used for Utility activities. Currently the District has one leased copier.

Vehicle Maintenance
This description is the same for all Division in the Utilities Department: This line includes charges for normal maintenance of the District’s vehicles used by the Utility. Maintenance is done on a regular basis to provide the longest life possible to the vehicles owned and operated by the district. This provides for decreased total life cycle costs.

Equipment Maintenance
This description is the same for all Division in the Utilities Department: This line includes charges for normal maintenance of the Districts mule, tractors, and fork lifts. Maintenance is done on a regular basis to provide the longest life possible to the vehicles owned and operated by the district.

Miscellaneous Expense
This description is the same for all Division in the Utilities Department: Provides an allocation for any miscellaneous expenses that may occur during the year that cannot be associated with any of the other accounts provided.

Contingency – Hurricane
This account is allocated to fund any extraordinary expenses the District incurs relating to hurricane preparation and/or damages to the Utility property.

Office Supplies
Includes general supply charges for the operations of the Districts offices and billing functions.

Fuel & Lubricants-Vehicles
Fuel purchased for all vehicles used in the Utility Division.

Fuel & Lubricants-Equipment
Fuel purchased for all equipment used in the Utility Division.

Minor Construction Expenses
This includes miscellaneous minor construction projects that do not meet the Districts threshold to be considered capital items.

Project Maintenance Fees
This includes project maintenance fees associated with lawn maintenance for the Utilities Division paid to the General Fund.

Contingency
This code was recommended by the Rate Consultant for unexpected expenses. This is 1 ½% of the operating expenses minus the Capital Outlay.

Electricity Services
This description is the same for all Division in the Utilities Department: Includes electricity charges for the administration building which is split with the General Fund.

Water & Sewer Administration Division – Capital Outlay

Equipment
This description is the same for all Division in the Utilities Department: This code is for equipment purchases such as vehicles and tractors over $1,000. No expenditures planned for this fiscal year.

Building
This description is the same for all Division in the Utilities Department: This code is for buildings or land purchases over $1,000 we are budgeting for the Administration office relocation over the next five fiscal years.

Other
This description is the same for all Division in the Utilities Department: This code is for any other Capital purchases over $1,000. No expenditures planned for this fiscal year.

WATER TREATMENT PLANT DIVISION
Water Treatment Plant Division - Personnel

Regular Salaries; Overtime; FICA; Retirement Contributions; Travel & Per Diem; Uniforms; Subscriptions & Dues; Training, Cont. Education & Licensing
The above categories are the same as described in the Administration Budget

Water Treatment Plant Division - Operating

Other Contractual Services; Operating Supplies; Electricity Services; Vehicle Maintenance; Miscellaneous Expense;
The above categories are the same as described in the Administration Budget

Operations & Maintenance Services
Charges for repairs on water treatment plant pipes and pump maintenance.

Laboratory Services
Includes charges for the water treatment plant laboratory testing, injection well testing, lead & copper testing, and others as required by permits.

Plant Maintenance
This line captures charges for normal maintenance for the water treatment plant. By performing normal maintenance inline with maintenance schedules, it provides a longer useful life for the utility plant assets.

Chemicals
This line includes any chemical purchases for the water treatment plant.

Water Conservation Grant Program
This line includes the allotment of rebate credits on utility bills on items such as low flow toilets rain gauges for irrigation and low flow shower heads. This program is designed to encourage water conservation.

Water Treatment Plant Division – Capital Outlay

Equipment; Building; Other
The above categories are the same as described in the Administration Budget. No expenditures planned for this fiscal year.

WASTEWATER TREATMENT PLANT DIVISION
Wastewater Treatment Plant Division - Personnel

Regular Salaries; Overtime; FICA; Retirement Contributions; Travel & Per Diem; Uniforms; Subscriptions & Dues; Training, Cont. Education & Licensing
The above categories are the same as described in the Administration Budget

Wastewater Treatment Plant Division - Operating

Other Contractual Services; Operating Supplies; Electricity Services; Vehicle Maintenance; Miscellaneous Expense; Operations & Maintenance Services; Laboratory Services; Plant Maintenance; Chemicals
The above categories are the same as described in the Administration Budget and Water Treatment Plant Division.

Sludge Disposal
Charges for the dewatering, hauling and disposal of the sludge from the wastewater plant, this code will go down due to the installation of equipment to perform these duties in-house.

Wastewater Treatment Plant Division – Capital Outlay

Equipment; Building; Other
The above categories are the same as described in the Administration Budget. Propose $28,000 for the purchase of a vehicle replacement for this fiscal year. No other expenditures planned for this fiscal year.

UNDERGROUND UTILITIES DIVISION
Underground Utilities Division - Personnel

Regular Salaries; Overtime; FICA; Retirement Contributions; Travel & Per Diem; Uniforms; Subscriptions & Dues; Training, Cont. Education & Licensing
The above categories are the same as described in the Administration Budget

Underground Utilities Division - Operating

Other Contractual Services; Operating Supplies; Electricity Services; Vehicle Maintenance; Miscellaneous Expense; Operations & Maintenance Services;
The above categories are the same as described in the Administration Budget and Water Treatment Plant Division.

Lift Station Maintenance
This line captures charges for normal maintenance for the Underground Utilities Division. By performing normal maintenance inline with maintenance schedules, it provides a longer useful life for underground utilities assets.

Water & Sewer Underground Utilities Division – Capital Outlay

Equipment; Building; Other
The above categories are the same as described in the Administration Budget. Proposed Truck with boom replacement, and minor Capital Outlay equipment planned for this fiscal year. No other expenditures planned for this fiscal year.

New Meters
This code was recommended by the rate consultant to track the purchase of new meters for new construction.

IRRIGATION DIVISION
Irrigation Division - Personnel

Regular Salaries; Overtime; FICA; Retirement Contributions; Travel & Per Diem; Uniforms; Subscriptions & Dues; Training, Cont. Education & Licensing
The above categories are the same as described in the Administration Budget

Irrigation Division - Operating

Other Contractual Services; Operating Supplies; Electricity Services; Vehicle Maintenance; Miscellaneous Expense; Operations & Maintenance Services; Laboratory Services; Plant Maintenance; Chemicals
The above categories are the same as described in the Administration Budget and Water Treatment Plant Division.

Maintenance Irrigation
Includes charges for maintenance to irrigation pump stations as well as irrigation breaks on District property.

Water & Sewer Irrigation Division – Capital Outlay

Equipment; Building; Other
The above categories are the same as described in the Administration Budget. The Irrigation Division is proposing the replacement of the 2007 service body pick-up in FY2016. No other expenditures planned for this fiscal year.

The Total Operating Expenses are projected to be $5,617,782 for FY 2016.

Non-Operating Expenses
Principal 2013 Bond Issue
According to the Bond Documents the district is required to make an annual Principal payment on the 2013 bonds outstanding.

Interest 2013 Bond issue
This line includes the semiannual interest fees the district is required to pay on the 2013 utility bonds outstanding.

Principal 2011 Bond Issue
According to the Bond Documents the district is required to make an annual Principal payment on the 2011 bonds outstanding.

Interest 2011 Bond issue
This line includes the semiannual interest fees the district is required to pay on the 2011 utility bonds outstanding.

Principal 2004 Bond Issue Refunded for the 2014 Bond
According to the Bond Documents the district is required to make an annual Principal payment on the 2004 bonds outstanding. The 2004 Series Bond was refunded at a lower rate and changed by decreasing the payoff by 4 years and saved over $5,000,000.

Interest 2004 Bond issue Refunded for the 2014 Bond
This line includes the semiannual interest fees the district is required to pay on the 2004 utility bonds outstanding.

Rate Stabilization
This expense code transfers funds from available unrestricted operating reserves to the Rate Stabilization Fund and the balance is up to
$530,381. There is no transfer scheduled for 2016 FY.

Renewal & Replacement Transfer to Capital
This allocation captures the 5% minimum funding requirement to the Renewal & Replacement fund which is $451,740 for 2016 FY and an additional $175,000 to fund the proposed capital expenditure items for future projects.

Construction Fund
This Fund was setup for the Wastewater Treatment Plant Expansion Project and is funded by the 2013 Series Bond for $5,081,220 and the remainder of the 2004 Series Bond of $80,906. The other source of funds projected for the WWTF Expansion are $169,663 from the R&R Fund,
$5,197,899 from Utility Unrestricted Fund Balance and the balance from the WWTF Connection Fee Fund $3,156,392.

ST LUCIE WEST SERVICES DISTRICT CAPITAL FUNDING REVENUE AND EXPENDITURES

FY 2015-2016 BUDGET

R&R	WCF	WWCF	Construction
 	        Fund - Bond	

343,828	87,000	-	

344	
87	
-	
247,000	7,188	-	

Estimated Beginning Fund Balance	769,216

ADD REVENUES:
Interest Revenues	-
Impact Fee Revenues	-
5% Required Transfer per Bond	451,740	-	-
Additional Funding	175,000	-	-	- Cash Carry Forward for R&R CIP		-	-	-	-
 	-	 	-	 	-	 	-	
TOTAL REVENUES AVAILABLE	1,395,956	591,171	94,275	- DEDUCT EXPENDITURES:
Capital Improvement Projects	1,025,794	415,000	-	- Transfer Out to WW Connection Fee Funds
Transfers Out to Pay Debt Service	 	-	 	-	 	-	 	-	
TOTAL EXPENDITURES	1,025,794	415,000	-	-

FUND BALANCE, SEPTEMBER 30

  $	370,162 

  $	176,171 

  $	94,275 

  $	-	

   

RENEWAL & REPLACEMENT FUND

 Actual FY 2014         FY 2015                FY 2016	 	FY 2017	FY 2018	FY 2019	FY 2020 

Estimated Beginning Fund Balance	1,261,906	1,328,791	769,216	370,162	432,214	498,821	540,907

ADD REVENUES:

Interest Revenues	-	-	-	-	-	-	-	
Impact Fee Revenues	-	-	-	-	-	-	
5% Required Transfer per Bond	420,886	453,829	451,740	455,612	478,665	473,409	473,409	
Additional Funding	100,000	-	175,000	200,000	200,000	200,000	200,000	
Cash Carry Forward for R&R CIP	-	-	-	-	-	-	

TOTAL REVENUES AVAILABLE	
1,782,792	
1,782,620	
1,395,956	
1,025,774	
1,110,879	
1,172,230	
1,214,316	

5-36001

5-36007

DEDUCT EXPENDITURES:
SW001	5-37007	Lift Station Renewal & Replacement	80,828	183,927	185,766	187,624	189,500	191,395	193,309	
SW037	5-37009	Emergency Renewal & Replacement Projects	137,295	175,671	184,455	193,678	203,361	213,530	224,206	
		Emergency (Association Irrigation) R & R Projects		10,000	52,500	55,125	57,881	60,775	63,814	
SW047	5-37013	Structural Repairs Sewer Manholes	963	15,000	43,434	44,303	45,189	46,093	47,014	
SW049	5-37004	Protective Coating Manholes	-	15,000	59,663	60,856	62,073	63,315	64,581	
SW050	5-37014	WTP Grounding System Improvements	-	-	50,000	-	-	-	-	
SW061	5-37017	Membrane Filter Replacement Program	120,512	-	-	-	-	-	-	
SW064	5-37006	Replacement Meters	33,074	30,285	36,496	37,955	39,473	41,052	42,694	
SW073	5-37027	Replacement Backflow Preventers	-	12,000	13,480	14,019	14,580	15,163	15,770	
SW066	5-37020	WWTF Plant Painting & Sealing of Tanks	-	44,000	30,000	-	-	-	-	
SW083	5-37030	WWTF Odor Control Improvements	-	-	80,000	-	-	-	-	
SW069	5-37018	Reuse Irrigation Pump Station Improvements	15,130	275,000	125,000		-	-	-	
SW070	5-37019	WWTF Handrail Replacement	-	-	-	-	-	-	-	
SW084	5-37031	Potable Water Flushing Devices	-	10,000	20,000	-	-	-	-	
SW078	5-37028	WTP Painting and Tank sealing		32,970						
SW079	5-37026	WTP Re-roofing	66,200							
SW081	5-37029	WTP Calcite Tank Project		-	145,000					
SW087		Irrigation SCADA Conversion		39,887						
SW062	5‐37033	Transfer to WWTF Expansion Project	-	169,663	-	-	-	-	-	
TOTAL EXPENDITURES	454,002	1,013,403	1,025,794	593,560	612,058	631,323	651,389	

FUND BALANCE, SEPTEMBER 30	 	1,328,791 	769,216 	370,162 	432,214 	498,821 	540,907 	562,927 

WATER CONNECTION FEE FUND

Actual
    FY 2014 	FY 2015	FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 

Estimated Beginning Fund Balance	1,541,043	870,928	343,828	176,171	70,348	70,418	70,488

ADD REVENUES:
5-36004    Interest Revenues	443	66	344	176	70	70	70
5-36005     Impact Fee Revenues	98,498	262,824	247,000	494,000	-	-
-	-	-	-	-	-	-
Additional Funding Required	 	-	 	-	 	-	 	-	 	-	 	-	 	-	

SW054	5-38008	Odor Control Unit for WTP	-		-		-		-		-	-	-	
SW057	5-38002	Portable Generators/Portable Pump for Utility Dept.	-									
SW071	5-38010	WTP RO Modifications	725,800		-		-		-		-	-	-	
SW072	5-38011	High Service Pump/Hydro-tank Expansion	43,256		789,990		-		-		-	-	-	
SW076 SW077		Clearwell/Transfer Pump Expansion Main Water Line Extension					- 255,000		600,000			
SW080		WTP Concentrate Tank Expansion
2000 and 2004 Bond Refunding Payment	
 	-			-
 	-			160,000
 	-			
 	-			
 	-	 	-	 	-		
		TOTAL EXPENDITURES	769,057		789,990		415,000		600,000		-	-	-	

TOTAL REVENUES AVAILABLE	1,639,984	1,133,818	591,171	670,348	70,418	70,488	70,559 DEDUCT EXPENDITURES:

TRANSFERS:

Transfers Out to Pay Debt Service	 	-	 		-	 	-	 		-	 		-	 		-	 		-	 TOTAL TRANSFERS OUT		-			-		-			-			-			-			- FUND BALANCE, SEPTEMBER 30	870,928 		343,828           176,171 		70,348 		70,418 		70,488 		70,559 

WASTEWATER CONNECTION FEE FUND

Actual FY
       2014	FY 2015 	FY 2016	FY 2017	FY 2018 FY 2019 FY 2020 

Estimated Beginning Fund Balance	3,157,433	87,000	87,000	94,275	94,370	94,464	94,558

ADD REVENUES:
5-36002 Interest Revenues	914	10	87	94	94	94	95	
5-36006 Impact Fee Revenues	76,655	2,910	7,188	-	-	-	-	
Unrestricted Utility Fund balance R&R Transfer	-	2,688,854
169,663	-	-	-	-	-	
2013 Construction Bond Proceeds	    2,426,338 	      2,738,564 	 	- 	 	- 	 	- 	 	- 	 	- 	
TOTAL REVENUES AVAILABLE	5,661,341	5,687,000	94,275	94,370	94,464	94,558	94,653	

DEDUCT EXPENDITURES:
SW022    5-39002   Scada Implementation WWTF		-		-	-	-	-	-	- SW062    5-39011   WWTP Expansion	5,574,341	5,600,000	-	-	-	-	-
SW067    5-39010   WWTF Reuse Filter Project	-	-	-	-	-	-	-
-	-	-	-	-	-	-

TOTAL EXPENDITURES		5,574,341	5,600,000		-		-		-		-		- FUND BALANCE, SEPTEMBER 30	 		87,000 		87,000 	94,275 	94,370 	94,464 	94,558 	94,653 

WATER & SEWER CONSTRUCTION FUND (BOND PROCEEDS)

Actual FY
       2014	FY 2015 FY 2016	FY 2017	FY 2018 FY 2019 FY 2020 

Estimated Beginning Fund Balance	5,162,883	2,738,097	-	-	-	-	-

ADD REVENUES:
5-36003    Interest Revenues	1,552	467	-	-	-	-	-

TOTAL REVENUES AVAILABLE	5,164,435	2,738,564	-	-	-	-	- DEDUCT EXPENDITURES:
To WWCF to fund the WWTP Expansion	2,426,338	2,738,564	-	-	-	-	-

TOTAL EXPENDITURES		2,426,338	2,738,564	-	-	-	-	- FUND BALANCE, SEPTEMBER 30	 2,738,097 		- 	- 	- 	- 	- 	- 

Debt Service Fund - Water Management Benefit Series 2013 Bonds & Series 2014 Land Acquisition Bond Five Year Operating Forecast

9,500	10,000	
1,992,542	1,992,542	
-	-	

-	
-	
$ 2,002,042	$ 2,002,542	

 	SERIES 2013 BOND	

Actual		
Actual		
Estimate EOY		
Final Budget		
Budget				
Forecast		
FY 2014		FY 2015		FY 2015		FY 2015		FY 2016		FY 2017	FY 2018		FY 2019	FY 2020	
	
OPERATING REVENUE									
2-04001	Interest	587	$	518.53	10,000	10,000		12,500	12,500	12,500	
2-04002	Special Assessments	1,909,604	$ 1,882,759.77	1,992,542	1,992,542		1,992,542	1,992,542	1,992,542	
2-04005    Miscellaneous Revenue (Prepayments)	-			-	- 2-04007    Stormwater Revenue from City		$	400,000
2-07003   2014 Bond	4,810,000
2-07002   2013 Bond	 	- 	 	- 	- 
Total Revenues	$	1,910,191        $	7,093,278 $ 2,002,542 $ 2,002,542 		-

 	-      	
  $ 2,005,042 $ 	-

- 
2,005,042 	-

 	- 
  $     2,005,042 	
	
OPERATING EXPENSES
Debt Service																
2-05001 Assessment Fees	40,096	40,099	39,851	39,851	40,100	40,100	40,100	40,100	40,100	
2-05002 Banking Services	5,919	5,919	9,500	9,500	6,000	6,000	6,000	6,000	6,000	
2-05014 Principal 2013	1,380,000	1,415,000	1,415,000	1,415,000	1,450,000	1,485,000	1,525,000	1,560,000	1,600,000	
2-05015 Interest 2013	473,236	430,538	413,275	413,275	378,322	342,515	305,793	268,156	229,604	
2-05016 Principal 2014		75,000								
2-05017 Interest 2014		16,708								
2-05011 Misc	-		100,000	100,000	100,000	100,000	100,000	100,000	100,000	
2-05860 COI	-	193,225	-		-	-	-	-	-	

2-05870 Land Purchase	 		 	4,410,000	    	    	    	    		
Total Expenses	 	1,899,252 	 	6,586,490	1,977,626   -	1,977,626            1,974,422	1,973,615 	1,976,893 	1,974,256 	1,975,704 	

Surplus/(Deficit) Before Transfer from
(to) Operating Reserve	10,939	506,789	24,916   -	24,916

27,620

28,927	28,149	30,786	29,338

TRANSFER FROM (TO) OPERATING RESERVE

Surplus/(Deficit)

  $	10,939	$	506,789	$	24,916	$	24,916 $

27,620 $

28,927 $

28,149 $

30,786 $

29,338

*Coverage Provided (Required > 1.10)	1.03	1.10	1.10	1.10	1.10	1.10	1.10	1.10
*Net Revenue / Bond Payment Requirements

Budget FY 2016

 	SERIES 2014 BOND	

Actual FY 2014

Actual FY 2015

Estimate EOY FY 2015

Final Budget FY 2015

OPERATING REVENUE
Interest	-	-	-	-
Special Assessments	-		-		-		- Transfer From General Fund Stormwater Drainage Fees	-	200,000	239,318	239,318
 	- 	 	- 	- 

FY 2020

FY 2019

FY 2018

FY 2017

Forecast

-	-	
-	-	
392,649	389,456	
-	-	
$ 392,649	$	389,456	

-	-	-
-	-	-
391,417	388,223	388,499
 	- 	- 	- 

Total Revenues

  $	- 

  $	200,000 

  $	239,318 

  $	239,318 

  $	391,417       $	388,223      $	388,499 

OPERATING EXPENSES
Debt Service
Assessment Fees	-	-	-	-
Banking Services	-	-	-	-
Principal 2014	-	75,000	150,000	150,000
Interest 2014	-	16,708	89,318	89,318
Misc	-	-	-
COI	-	-

-	-	-	-

-
- 250,000
142,649
-
-

-		-		-		- 255,000	265,000	270,000	280,000
134,456	126,417	118,223	108,499
-	-	-	-
-	-	-	-

Total Expenses

Surplus/(Deficit) Before Transfer from	   
 	- 	91,708	239,318	239,318 	392,649	389,456 	391,417 	388,223 	388,499 	
(to) Operating Reserve	-	108,292	-	-	-	-	-	-	-	

TRANSFER FROM (TO) OPERATING RESERVE

Surplus/(Deficit)

  $	-	$	108,292	$	-	$	-      $	-	$

-       $	-      $	-       $	-

3,500
207,540
-	1,500
207,540
-	
$ 211,040	$ 209,040	

Debt Service Fund - Cascades Series 2010 Five Year Operating Forecast

Actual		
Actual		
Estimate EOY		
Final Budget		
Budget				
Forecast		
FY 2014		FY 2015		FY 2015		FY 2015		FY 2016		FY 2017	FY 2018	FY 2019	FY 2020	

OPERATING REVENUE														
3-04002 Interest	63	60	250	250		500	-	-	
3-04003 Special Assessments	195,811	196,218	207,540	207,540		194,096	-	-	
3-04005 Miscellaneous Revenue	 	- 	 	- 	 	- 	 	- 		 	19,361 	 	- 	- 	
Total Revenues	  $	195,874 	  $ 196,278 	  $	207,790 	  $	207,790 		  $	213,957 	  $	-       $	- 	

OPERATING EXPENSES								
Debt Service																
3-05001 Assessment Fees	4,176	4,177	4,200	4,200	4,200	4,200	4,200	-	-	
3-05002 Banking Services	3,494	3,897	4,000	4,000	4,000	4,000	4,000	-	-	
3-05003 Principal 2010	160,000	165,000	165,000	165,000	175,000	180,000	190,000	-	-	
3-05004 Interest 2010	33,151	27,019	24,023	24,023	17,563	10,703	3,611	-	-	
3-05008 Misc.	-	-	-	-	-	-	-	-	-	

Total Expenses	 	200,821              200,093    -	197,223   -	197,223 	200,763	198,903 	201,811 	- 	- 

Surplus/(Deficit) Before Transfer from
(to) Operating Reserve	(4,947)	(3,815)  -	10,567   -	10,567

10,277

10,137	12,146	-	-

TRANSFER FROM (TO) OPERATING RESERVE

Surplus/(Deficit)

   $	(4,947)	$    (3,815)   #   $	10,567	$	10,567 $

10,277	$

10,137 $

12,146      $	-       $	-

*Coverage Provided (Required > 1.10)	1.01	1.10	1.10	1.10	1.10	1.11
*Net Revenue / Bond Payment Requirements