St. Lucie West Services District

FINAL BUDGET
FOR FISCAL YEAR ENDED
SEPTEMBER 30,	2019

August 24, 2018

Honorable Vince D’Amico, 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 2019 Proposed Annual Budget and FY 2019-2023 Capital Improvement Plan

Dear Honorable Chairman and Supervisors:

I am pleased to present the annual budget for FY 2019 and the FY 2019-2023 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 2018 and some of the major projects that were completed were:

Several lift stations will be rehabilitated with fencing, driveways and one electrical panel replacement proposed for FY 2018. The lift station restoration project effort will be continued throughout the next several years to ensure that all lift stations are upgraded.
The Wetland #1 vertical relocation TMDL grant monitoring phase finalized in February 2018.
The Lake Harvey stormwater expansion project was completed in November 2017 and are working with the City of Port St. Lucie on a passive park use and landscaping
The Reuse Irrigation Pump Station construction planned to be completed in early FY2019.
The Lake Charles Irrigation pump station improvements planned to be completed in FY2019.
If the Calcite tank project is warranted it should be completed in FY2019
The Clear-well and transfer pump expansion project planned to be complete in FY2019
The meter replacement project planned to be completed in FY2019
450 S.W. Utility Drive ● Port St Lucie, FL 34986 ● Office (772) 340-0220 ● Fax (772) 871-5771

Fiscal Year 2019 reflects positive account activity trends and the recent Refunding of Bonds have placed the District in a better financial position. The refinancing of the bonds saved the District over $21,500,000 in debt service while not extending the terms. The District has not raised the Utility Rates since FY2010 due to efficient budgeting and innovative cost saving measures, the proposed budget reflects no increase for the 2018, 2019 and 2020 FY. The Proposed Budget also includes no increase in Maintenance Assessments for the 2019FY and for 2020 FY.

The budget for FY 2019 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 listed below, depict expenditures and reserves in the top graph, while Unreserved Fund Balance, as a percentage, is depicted in the bottom graph.

General Fund

$5,000,000

$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 2017	FY 2018
                           Total Revenues

FY 2019

FY 2020
Total Expenses

FY 2021

FY 2022

FY 2023

                 Available Operating Cash Balance (Ending)

Trends in the Utility Fund revenues listed below, depict expenditures and reserves in the top graph, while Unreserved Fund Balance, as a percentage, is depicted in the bottom graph.

$12,000,000

Utility Fund

$10,000,000

$8,000,000

$6,000,000

$4,000,000

$2,000,000

$‐

FY 2017

FY 2018

FY 2019

FY 2020

FY 2021

FY 2022

FY 2023

                Total Revenues

                Total Expenses

               Total Operating Expenses

          Available Operating Cash Balance (Ending)

Unreserved Utility Fund Balance as a % of Total
Expenditures

90%

80%

70%

60%

50%

40%

30%

20%

10%

0%

FY 2017

FY 2018

FY 2019

FY 2020

FY 2021

FY 2022

FY 2023

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 2019-2023 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
$1,721,494). 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 $330,000 for FY 2019. The General Fund Renewal and Replacement Fund reflects $212,005 in Stormwater improvement projects with a fund balance over $515,000.

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 2019 budget for your review and consideration.

Sincerely,

Dennis M. Pickle
Dennis M. Pickle District Manager

ST. LUCIE WEST SERVICES DISTRICT
FY 2018/2019 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 Budget & Five-Year Operating Forecast.	7
General Fund Renewal & Replacement Summary	17
General Fund Budget Account Descriptions and Assumptions…	18
Water & Sewer Fund
Water & Sewer Fund Budget Overview…	26
Water & Sewer Fund Revenues & Expenditures…	28
Water & Sewer Fund Budget Summary.	30
Water & Sewer Fund Budget & Five-Year Operating Forecast…	31
Water & Sewer Fund Account Descriptions and Assumptions.	43
Water & Sewer Fund Capital Funding Revenue & Expenditures.	53
Water & Sewer Fund Renewal & Replacement Fund…	54
Water & Sewer Fund Water Connection Fee Fund…	55
Water & Sewer Fund Wastewater Connection Fee Fund.	56
Other Funds
Debt Service Fund – Water Management Benefit Series 2013 & 2014 Five-
Year Operating Forecast…	57

BUDGET SUMMARY
St. Lucie West Services District - Fiscal Year 2019

ESTIMATED REVENUES	

GENERAL FUND	

DEBT SERVICE	

CAPITAL PROJECTS	

UTILITY FUNDS	

CONNECTION FEE FUNDS	

TOTAL ALL FUNDS	
Non-Ad Valorem WMB Assessment	$194 per ERU Until 2025	$ 2,066,907				$	2,066,907	
Non-Ad Valorem Special Maintenance Assessment $106 per ERU	$ 1,070,917					$	1,070,917	
Storm Water Drainage Fees From City	$ 1,822,112					$	1,822,112	
City Special Assessment for Bond	$	388,223					$	388,223	
Other General Fund Revenues
Utility Rate Revenues	41,073			
$	8,487,242		$	41,073
$	8,487,242	
Other Utility Fund Revenues General Fund R&R
Storm Water Drainage Fees From City - To R&R Utility Fund R&R
Water Connection Fee Fund			

$	11,777	$	647,890	

$	3,902	$	647,890
$	-

$	-
$	3,902	
Wastewater Connection Fee Fund					$	3,138	$	3,138	
TOTAL SOURCES	$ 3,322,325	$ 2,066,907	$	11,777	$	9,135,132	$	7,040	$	14,543,181	
Transfer In From General Fund		388,223	$	83,546			$	471,769	
Transfer In for Utility Fund R&R			$	1,240,989			$	1,240,989	
TOTAL REVENUES & TRANSFERS IN	$ 3,322,325	$ 2,455,130	$	1,336,312	$	9,135,132	$	7,040	$	16,255,939	
							
EXPENDITURES							
General Fund	$ 3,770,620					$	3,770,620	
General Fund Personnel	$ 1,881,977						
General Fund Operating	$	891,993						
General Fund Capital Outlay
General Fund R&R	$	996,650		
$	212,005			
$	212,005	
Utility Operating Fund				$	6,946,602		$	6,946,602	
Utility Fund Personnel				$	2,654,390			
Utility Fund Operating				$	2,858,162			
Utiity Fund Capital Outlay				$	1,434,050			
Debt Service Utility Fund R&R
Water Connection Fee Fund		$ 2,330,726	
$	1,721,494	$	2,708,655	

$	1,200,000	$	5,039,381
$	1,721,494
$	1,200,000	
Wastewater Connection Fee Fund					$	-	$	-	
TOTAL EXPENDITURES	$ 3,770,620	$ 2,330,726	$	1,933,499	$	9,655,257	$	1,200,000	$	18,890,102	
Transfer Out to General Fund R&R	$	83,546					$	83,546	
Transfer Out to 2014 Bond	$	388,223					$	388,223	
Transfer Out to Utility Fund R&R				$	1,240,989		$	1,240,989	
TOTAL EXPENDITURES AND TRANSFERS OUT	$ 4,242,389	$ 2,330,726	$	1,933,499	$	10,896,246	$	1,200,000	$	20,602,860	
Fund Balance/Reserves	$ 3,243,499	$	383,079	$	1,443,294	$	6,242,688	$	1,539,690	$	12,852,250	

NET ENDING BALANCE	
$ 2,323,435	
$	507,483	
$	846,107	
$	4,481,574	
$	346,730	
$	8,505,329	

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. In 2010 the  District refunded the Water Management Benefit Series 2010 bond at a savings of $16.00 per ERU per year through 2025 the total savings was $6,208,920 and did not extend the term. The Cascades Bond was paid off in 2018.

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 purchase of 10 acres from the Trails Golf Course for stormwater improvements. We are budgeting for a deficit in FY 2019 due to the 6B Relocation Project. The General Fund for both FY 2018 and 2019 will have a fund balance exceeding $2,300,000. 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 the rate increased to 2.1% for FY 2019 and was based upon the change in 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 6.69% this year, and liability insurance 3.01% this year for which national projections call for continuing increases. Energy costs are expected to grow at an inflation rate of 1.86% for FY 2019 as well.

Rate Adjustment – The Special Assessment rate of $106.00 per ERU proposed within this year’s budget for FY 2019 which reflects no increase over the FY 2018 Budget.

The ERU numbers are expected to remain the same in FY 2019. We expect revenues in most categories to remain the same per year for each of the next five years. Fiscal years 2019 and 2020 reflects no increase but 2021, 2022 and 2023 reflect a $5.00 per ERU increase in assessments.

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 2019 are as follows: The Aquatics Division is requesting the replacement of a 2009 F‐350 at $50,000 and the replacement of a 2014 John Deere UTV for $12,000; The Administration Division has the new administration building planned FY 2019 for $612,500 and the purchase of land for additional stormwater projects adjacent to the Trials Golf Course for $166,650; The Exotic Plant Removal Division has no Capital requests for FY 2019. The Stormwater Division is budgeting $35,000 for the replacement of a 2009 Kubota tractor, $9,000 for the replacement of a 2015 Kawasaki Mule,
$16,000 for the replacement of a 2007 Woods Mower, $9,000 for the replacement of a 2016 Kawasaki Mule and $12,000 for the GF portion of the fork lift replacement. The Stormwater Division is also planning on building a lunchroom/conference room in the garage area which will be split with the UT Fund for $40,000 per Fund. The Shop Division is requesting $55,000 for the replacement of a 2010 Ford F‐350 which will be split with the UT Department. The General Fund Renewal and Replacement Fund Project is for emergency storm water projects in the amount of
$162,005 and $35,000 for the engineering study for the additional acreage purchased from the Trials Golf Course for additional stormwater storage. The total for the list of capital R&R items is
$212,005 in the General Fund for FY 2019 and will leave a fund balance of over $515,000.

Project Maintenance Fees 1.22%
Interest 0.00%

Permit Fees 0.00%

Miscellaneous Fees 0.01%

City for Stormwater Bond Payment 12.00%

Special Assessments 32.12%

Storm Water Drainage Fees 54.65%

TOTAL REVENUES	$ 3,334,102

PERCENT
     TOTALS 	REVENUES	

Storm Water Drainage Fees	1,822,112	54.65%	
Special Assessments	1,070,917	32.12%	
City for Stormwater Bond Payment	400,000	12.00%	
Interest	50	0.00%	
Project Maintenance Fees	40,569	1.22%	
Permit Fees	-	0.00%	
Miscellaneous Fees	 	454	 	0.01%	
TOTAL OPERATIONAL REVENUE	$ 3,334,102	100.00%	

GENERAL FUND PRIOR YEARS BALANCE	
$ 3,243,499		

Aquatics Division

1%

Stormwater Maintenance Division

0%

3%
1%
3% 2%
8%

1%
1%

0%

Administration Division

0%

Exotic Plant Removal Division

9%

14%

Finance

17%

Capital Improvement Projects R&R Fund

Legal Services

Shop Operations

40%

Engineering Services District Manager Board of Supervisors Clerk to the Board Pollution Control
Debt Service 2014 Bond

Grant Management

TOTAL EXPENDITURES	$ 4,254,166

PERCENT
CAPITAL
PERSONNEL  OPERATING  OUTLAY      TOTALS	EXPENDITURES

Aquatics Division	357,079	178,391	62,000	597,470	14.04%	
Stormwater Maintenance Division	453,183	148,601	121,000	722,784	16.99%	
Administration Division	761,113	174,729	779,150	1,714,992	40.31%	
Exotic Plant Removal Division	209,026	124,782	-	333,808	7.85%	
Finance		131,426		131,426	3.09%	
Capital Improvement Projects R&R Fund				95,323	2.24%	
Legal Services		38,740		38,740	0.91%	
Shop Operations	62,658	26,257	34,500	123,415	2.90%	
Engineering Services		42,826		42,826	1.01%	
District Manager	26,000	10,178		36,178	0.85%	
Board of Supervisors	12,918	2,500		15,418	0.36%	
Clerk to the Board		12,381		12,381	0.29%	
Pollution Control		-		-	0.00%	
Debt Service 2014 Bond				388,223	9.13%	
Grant Management	 	1,182	1,182	 	0.03%	
TOTAL EXPENDITURES	$ 1,881,977 $ 891,993 $ 996,650 $ 4,254,166	100.00%	

St. Lucie West Services District General Fund Budget Summary

ADD REVENUES:	 	FY 2017	
 	ACTUAL		 	FY 2018	 ORIGINAL BUDGET	 	FY 2018	
 	ESTIMATE		 	FY 2019	
     PROPOSED		
Special Assessments	1,122,932	1,080,890	1,070,917	1,070,917	
Stormwater Drainage Fees	1,765,393	1,762,872	1,822,112	1,822,112	
City Stormwater Drainage Fee for Bond	400,000	400,000	400,000	400,000	
Other Revenues	 	47,048	 	1,108,605	 	1,152,948	 	41,073	
TOTAL OPERATING REVENUES	3,335,373	4,352,367	4,445,977	3,334,102	
FUND BALANCE, October 1	3,078,332	3,314,713	3,314,713	3,243,499	
TOTAL REVENUES AND FUNDS AVAILABL	6,413,705	7,667,080	7,760,690	6,577,601	

DEDUCT EXPENDITURES:
Board of Supervisors	

11,349	

15,365	

14,065	

15,418	
District Manager	23,852	28,297	25,497	36,178	
Finance	79,914	153,167	132,796	131,426	
Grant Management	-	1,157	-	1,182	
Clerk to the Board	9,870	13,115	12,115	12,381	
Legal Services	22,353	48,906	37,906	38,740	
Engineering Services	33,349	33,304	41,904	42,826	
Pollution Control	-	4,949	-	-	
Administration Division	842,014	1,236,734	935,628	1,714,992	
Aquatics Division	470,778	563,268	599,048	597,470	
Stormwater Maintenance Division	730,645	577,924	619,638	722,784	
Exotic Plant Removal Division	310,407	490,218	493,839	333,808	
Shop Operations	108,225	115,920	85,979	123,415	
Capital Improvement Projects R&R	66,780	1,129,627	1,127,359	95,323	
Capital Debt Service 2014 Bond	389,456	391,417	391,417	388,223	
TOTAL EXPENDITURES	3,098,992	4,803,368	4,517,191	4,254,166	
FUND BALANCE, SEPTEMBER 30	 	3,314,713	 	2,863,712	 	3,243,499	 	2,323,435	

-
- 454
1,822,112
40,569
50
1,070,917
-
-
-

388,223
11,777		
$	3,334,102		

12,000
918
2,500		
15,418		

8,344
1,027
26,000
807		
36,178		

2,030
1,818
31,371
12,775
679
54,443
- 28,310		
131,426		

		
Actual FY 2017		
Actual YTD FY 2018		
Estimate EOY FY 2018		
Orig. Budget FY 2018		Final Amended Budget
FY 2018		
Budget FY 2019	
	
General Fund Balance (Beginning)	
3,078,332		
3,314,713		
3,314,713		
3,314,713		
3,314,713		
3,243,499	
	OPERATING REVENUE												
1-04001	Permit Fees	12,348				-		-		-			
1-04002	Grant Revenue	-		5,867		5,867		-		5,867			
1-04003	Miscellaneous Fees	-				-		437		-			
1-04004	Storm Water Drainage Fees From City	1,765,393		1,822,112		1,822,112		1,762,872		1,822,112			
1-04005	Project Maintenance Fees	-				40,569		41,141		40,569			
1-04006	Interest	67		80		80		27		80			
1-04007	Special Maintenance Assessments	1,122,932		1,070,917		1,070,917		1,080,890		1,070,917			
1-04008	Interfund Transfers	-				-		-		-			
1-04009	Miscellaneous Income	34,633		47,156		47,156		-		47,156			
1-04010	WMB Prepayment
Land Sale	-
-		
$	1,059,276		-
1,059,276		-
1,067,000		-
1,059,276			
1-04012	Stormwater Drainage from City for Bond	389,367		391,645		391,645		391,417		391,645			
1-04014	  Stormwater Drainage from City for Lake Harvey R&R	10,633	 	8,355	 	8,355	 	8,583	 	8,355	
	Total Revenues	$	3,335,373	$	4,405,408	$	4,445,977	$	4,352,367	$	4,445,977	

1-05001	OPERATING EXPENSES
 Board of Supervisors
Executive Salaries	

9,800	

9,671	

11,605	

12,000	

12,000	
1-05002	FICA	801	753	904	918	918	
1-05015	   Board Meeting Expenses	749	 	608	 	730	 	2,447	 	1,147	
	 	TOTAL BOARD OF SUPERVISORS	11,349	 	11,032	 	13,239	 	15,365	 	14,065	

1-06001	District Manager
Assessment Fees & Costs	
8,125	
8,108	
8,125	
8,964	
8,164	
1-06003	Operations & Maintenance Services	523	391	469	3,005	1,005	
1-06005	Management Contract	15,204		-	15,538	15,538	
1-06009	   Travel & Per Diem	-	 		 	-	 	790	 	790	
	 	TOTAL DISTRICT MANAGER	23,852	 	8,499	 	8,594	- 	28,297	 	25,497	
	Finance						
1-07001	Dissemination Agent	-		-	2,030	2,030	
1-07002	Arbitrage	-		-	1,779	1,779	
1-07004	Accounting Services	28,532	19,930	26,916	34,696	30,696	
1-07005	Auditing	11,350	11,570	12,500	16,978	12,500	
1-07007	Banking Services	136	137	664	3,957	664	
1-07009	Property & Casualty Insurance	9,246	49,983	54,614	54,614	54,614	
1-07015	Office Supplies/Delete	152		-	-	-	
1-07018	  Property Taxes & Assessments	30,499	 	23,808	 	30,500	 	39,113	 	30,513	
	 	TOTAL FINANCE	79,914	 	105,428	 	125,194	 	153,167	 	132,796	
	Grant Management				
	
1-12001	Contractual Services -GM	-	 		 	-	1,157	-		1,182	
	 	TOTAL GRANT MANAGEMENT	-	 	-	 	-   -	1,157   -	-	
1,182	
	
Clerk to the Board							
1-13002	Other Contractual Services	6,507	7,041	8,449	7,966	8,466	8,652	
1-13004	Postage & Freight	689	535	642	1,328	828	846	
1-13005	Printing & Binding	1,262	901	1,081	2,340	1,340	1,369	
1-13007	   Legal Ads	1,412	 	629	 	755	 	1,481	 	1,481	1,514	
	 	TOTAL CLERK TO THE BOARD	9,870	 	9,106	 	10,927	 	13,115	- 	12,115	12,381	

 	

Estimate EOY FY 2018

Orig. Budget FY 2018

Final Amended Budget
FY 2018

Budget FY 2019

Legal Services
1-19001	General Counsel
1-23001 Special Counse
 	TOTAL LEGAL COUNSE

Engineering Services
1-26002 Engineering Service
 	TOTAL ENGINEERIN

Pollution Control
1-29002 Regulatory & Permit Fee
 	TOTAL POLLUTION CONTRO

ADMINISTRATION DIVISION
Personnel
1-15001	Regular Salaries
1-15002	Overtime
1-15003	FICA
1-15004	Retirement Contributions
1-15005	Health/Life/Dental Insurance
1-15006	Workers Comp
1-15007	Unemployment Insurance
1-15010	Uniforms
1-15012	Training, Cont. Educ., and Licensing 1-15013	Vehicle Allowance
1-15014	Annual PTO
1-15015 Cell Stipend

27,664	41,832	34,832

35,598
3,142		
38,740		

 	1,184	 	7,074	 	3,074
 	28,848   - 	48,906   - 	37,906

42,826		
42,826		

 	41,996	 	33,304	 	41,904
 	41,996   - 	33,304   - 	41,904

-
-

 	-	 	4,949	 	-	
 	-   - 	4,949   - 	-

238,018
862
18,107
18,028
376,746
18,554
- 1,687
1,381
7,200
4,869
-

243,404
1,971
21,041
23,482
394,109
18,908
4,884
1,687
3,199
7,200
5,758
1,170

238,404
1,371
19,541
21,482
394,109
18,908
2,884
1,687
3,199
7,200
4,869
100

247,000
1,405
22,115
24,696
421,697
21,575
2,956
1,724
3,270
7,200
6,279
1,196

ADMIN Operating

Total Administration Personnel:

 	685,452	726,813	713,754	761,113

1-33001	Other Contractual Services 1-33002	Website Maintenance
1-33004	Water - Irrigation
1-33005	Telephone & Cell Service 1-33006	Postage & Freight
1-33007	Electricity Services
1-33010	Equipment Leasing
1-33011	Administration Maintenance 1-33018	Contingencies - Hurricane 1-33019	Office Supplies
1-33020	Fuel & Lubricants - Vehicle
1-33021	Operating Supplies and Expenses 1-33022	Computer Software
1-33023 Computer Hardware/ Supplies 1-33024 Fuel & Lubricants - Equipment 1-33025 Minor Construction Expenses
Total Administration Operating: Capital Outlay Administration
1-33101 Equipment
1-33102 Building
1-33103 Other

56,377
6,772
3,372
8,322
648
2,801
526
1,361
1,420
3,578
30,340
4,940
3,046
1,080
10,001
1,050

56,377
3,325
3,197
13,647
1,069
5,402
3,852
4,166
20,400
4,132
26,141
8,729
3,136
2,500
13,101
-

56,377
6,725
3,797
9,647
869
3,402
3,352
2,166
20,400
3,832
30,341
7,729
3,136
2,000
13,101
1,000

52,505
6,860
3,873
13,920
886
5,510
3,419
4,250
20,400
3,909
31,858
7,884
3,199
2,500
13,756
-

 	135,634	169,174	167,874	174,729

- 10,000
44,000

- 340,747
-

-     10,000
44,000

- 612,500
166,650

Actual	
Actual YTD	
FY 2017	FY 2018	

21,148	

23,053	
l	1,205	 	987	
L	22,353	 	24,040	

s	33,349	
 	34,997	
G	33,349	 	34,997	

s	-	
 	-	
L	-	 	-	

220,105	
190,348	
1,111	718	
16,075	15,089	
19,205	15,023	
396,733	284,788	
18,789	15,462	
-		
841	1,000	
335	1,151	
6,900	5,143	
89	4,869	
 	-	 	-	
 	680,183	 	533,591	
36,154	39,292	
3,485	5,643	
3,920	2,810	
8,322	6,935	
592	540	
3,303	2,334	
3,271	438	
1,757	1,134	
22,134	1,183	
2,547	2,982	
24,879	25,283	
10,607	4,117	
2,863	2,538	
1,010	900	
14,023	8,334	
-	875	
138,864	105,338	

-		
22,967		
-	-	
22,967	-	

N	842,014		
	 	638,929	

Total Administration Capital Outlay:

 	TOTAL ADMINISTRATIO

 	54,000	340,747	54,000	779,150

 	875,086	 	1,236,734   - 	935,628	1,714,992

Actual FY 2017
AQUATICS DIVISION
Personnel
Regular Salaries	238,828
Overtime	13,553
FICA	19,356
Retirement Contributions	21,626
Uniforms	2,899
Training, Cont. Educ., and Licensing	2,041
Annual PTO	180
Cell Stipend	 	75
Total Aquatics Personnel: 	298,558
Aquatics Operating
Operations & Maintenance Svc	6,799
Disposal Fees	4,110
Operating Supplies	5,883
Equipment Maintenance	14,259
Chemicals	99,805
Machinery & Equipment	 	7,565
Total Aquatics Operating: 	138,420
Capital Outlay Aquatics
Equipment	33,800
Building	-
Other	-	
Actual YTD	
	FY 2018	

192,291	
	15,967	
	15,848	
	15,893	
	2,421	
	1,281	
	752	
	 	144	
	 	244,597	
	8,801	
	1,201	
	3,869	
	9,126	
	77,510	
	 	1,607	
	 	102,114	
	27,609	
	3,421	
	-	
Total Aquatics Capital Outlay:	33,800	31,030	
			
TOTAL AQUATICS DIVISION	470,778	377,741	
STORM WATER MANAGEMENT DIVISION
Personnel
Regular Salaries	317,604
Overtime	18,125
FICA	25,766
Retirement Contributions	30,073
Uniforms	1,941
Training, Cont. Educ., and Licensing	137
Annual PTO	38
Cell Stipend	 	-
Total Storm Water Personnel: 	393,685 Storm Water Operating
Operations & Maintenance Svc	15,036
Laboratory Services	2,322
Disposal Fees	1,805
Operating Supplies	12,754
Storm Ditch Maint	18,201
Landscape Materials	8,190
Vehicle Maintenance	8,829
Equipment Maintenance	20,354
Chemicals	- -
Electricity Services	 	2,967
Total Storm Water Operating: 	90,457 Capital Outlay Storm Water
Equipment	246,503
Building	-
Other - GIS Mapping	-	

257,611	
	14,021	
	21,161	
	25,421	
	1,805	
	865	
	2,186	
	 	-	
	 	323,070	
	53,594	
	3,440	
	763	
	8,666	
	207	
	33,668	
	3,334	
	21,018	
	36	
	 	2,290	
	 	127,016	
	7,900	
	5,732	
Total Storm Water Capital Outlay:	246,503	13,632	
			
TOTAL STORM WATER MANAGEMENT DIVISION	730,645	463,718	

	
Estimate EOY FY 2018		
Orig. Budget FY 2018		Final Amended Budget
FY 2018		
Budget FY 2019	
1-14001			254,749		268,631		268,631		275,004	
1-14002			19,160		16,889		19,189		19,669	
1-14003			19,018		22,225		21,090		22,943	
1-14004			19,072		25,697		23,904		26,521	
1-14008			3,843		3,843		3,843		3,920	
1-14010			1,537		3,713		3,013		3,787	
1-14011			752		4,313		752		4,531	
1-14012			173		690		183		704	
			 	318,304			346,001		340,605	357,079	
1-31001			10,561	11,031	12,031	12,272	
1-31003			1,441	5,432	4,032	4,113	
1-31005			4,643	7,735	6,235	6,360	
1-31009			10,951	14,502	13,502	13,772	
1-31011			93,012	141,857	129,857	136,350	
1-31012			 	1,928	 	6,710	 	5,710	5,524	
			 	122,536	 	187,267	 	171,367	 	178,391	
1-31101			75,333	30,000	75,333	62,000	
1-31102			11,743	-	11,743	-	
1-31103			-	-	-	-	
			 	87,076	

 	527,916	30,000	
 	563,268 	87,076	
-	599,048		62,000
597,470	
1-16001	336,133	337,934	345,934	355,000	
1-16002	16,825	18,816	18,816	19,286	
1-16003	25,393	27,932	28,078	29,390	
1-16004	30,505	32,107	32,827	33,686	
1-16008	3,583	3,583	3,583	3,655	
1-16010	1,038	2,224	2,224	2,269	
1-16011	2,186	7,506	2,186	9,010	
1-16012	-	870	100	887	
	 	415,663		430,972		433,748	453,183
-	
1-34001			64,313	15,758	64,053	50,334	
1-34002			4,128	3,083	8,083	8,245	
1-34004			916	2,081	2,081	2,123	
1-34005			10,399	14,952	12,752	13,007	
1-34006			248	-	500	-	
1-34007			40,402	35,000	40,500	35,000	
1-34008			4,001	12,443	8,943	9,122	
1-34009			25,222	21,783	25,283	25,789	
1-34011			43	3,080	1,080	1,134	
1-34014			 	2,748	 	3,772	 	2,972	3,847	
			 	152,420	 	111,952	 	166,247	 	148,601	
1-34101			7,900	-	7,900	81,000	
1-34102			11,743	35,000	11,743	40,000	
1-34103			-	-	-	-	
			 	19,643	

 	587,726	35,000	
 	577,924 	19,643	
-	619,638		121,000
722,784	

		
Actual		
Actual YTD		
Estimate EOY		
Orig. Budget		Final Amended
Budget		
Budget	
		FY 2017		FY 2018		FY 2018		FY 2018		FY 2018		FY 2019	
	
EXOTIC PLANT REMOVAL DIVISION							
	Personnel							
1-17001	Regular Salaries	150,890	121,985	152,882	163,221	162,221	166,277	
1-17002	Overtime	9,344	2,325	2,790	5,661	5,161	5,290	
1-17003	FICA	12,421	9,788	11,746	13,233	12,900	13,450	
1-17004	Retirement Contributions	14,679	11,649	13,979	15,199	15,064	15,441	
1-17008	Uniforms	1,998	1,910	2,292	3,562	3,062	3,123	
1-17010	Training, Cont. Educ., and Licensing	885	342	410	2,176	1,176	1,200	
1-17011	Annual PTO	-	1,139	1,139	3,643	1,139	3,786	
1-17012	Cell Stipend	 	-	 	-	-	450	100	459	

Total Exotic Plant Operating: 	120,190 Capital Outlay Exotic Plant

 	98,219

 	107,868	 	127,217	 	122,317	 	124,782

Equipment Building Other

Total Exotic Plant Capital Outlay:

-
-
-
-

134,768
4,755
-
139,523

158,356
11,743
-
170,099

155,856
-
-
155,856

158,956
11,743
-
170,699

-
-
-
-

TOTAL EXOTIC PLANT REMOVAL DIVISION

310,407

386,880

 	463,205	 	490,218   -	493,839	333,808

Total Exotic Plant Personnel: 	190,217
Exotic Plant Operating	 	149,138	 	185,238	207,145	200,823	209,026
-	
1-35001	Operations & Maintenance Svc	24,547	16,383	19,660	25,688	24,688	25,182	
1-35003	Disposal Fees	6,900	4,800	5,760	7,375	6,975	7,115	
1-35004	Operating Supplies	18,596	12,518	15,022	18,333	17,833	18,190	
1-35006	Vehicle Maintenance	8,968	4,438	5,326	9,406	8,906	9,084	
1-35008	Chemicals	3,645	2,583	3,100	7,415	5,915	6,211	
1-35010	Maintenance Contracts	 	57,535	 	57,497	 	59,000	 	59,000	 	58,000	59,000	

1-35101
1-35102
1-35103

	SHOP OPERATIONS DIVISION		
	Personnel		
1-18001	Regular Salaries	49,109	30,330	39,596	54,953	44,953	45,852	
1-18002	Overtime	5,623	3,173	3,808	5,651	5,151	5,280	
1-18003	FICA	4,216	2,702	3,242	4,731	3,871	3,912	
1-18004	Retirement Contributions	5,064	2,166	2,599	5,454	3,509	4,602	
1-18013	Uniforms	424	322	386	778	578	590	
1-18015	Training, Cont. Educ., and Licensing	545	1,073	1,288	1,673	1,673	1,706	
1-18016	Annual PTO	-	462	462	998	462	471	
1-18017	Cell Stipend	 	-	 	-	-	240	40	245	
Total Shop Personnel: 	64,981	 	40,228	 	51,381	74,478	60,237	62,658
Shop Operating	-	
1-36001	Operations & Maintenance Svc	10,659	6,320	7,584	11,270	7,570	7,721	
1-36002	Disposal Fees	2,894	1,367	1,640	3,652	2,152	2,195	
1-36003	Operating Supplies	9,524	4,724	5,669	9,328	5,828	5,945	
1-36006	Machinery & Equipment	 	17,219	 	8,459	 	10,151	 	17,192	 	10,192	10,396	
		Total Shop Operating: 	40,297	 	20,870	 	25,044	 	41,442	 	25,742	 	26,257	
	Capital Outlay Shop						
1-36101	Equipment	2,947	-	-	-	-	34,500	
1-36102	Building	-	-	-	-	-	-	
1-36103	Other	-	-	-	-	-	-	

Total Shop Capital Outlay:

2,947

-

SHOP OPERATIONS DIVISION

108,225

61,098

 	-	-	-	34,500

 	76,425	 	115,920   -	85,979	123,415

Total Operating Expenses	2,642,756	2,121,468	2,759,156	3,282,324	2,998,415	3,770,620

	
Actual		
Actual YTD		
Estimate EOY		
Orig. Budget		Final Amended
Budget		
Budget	
	FY 2017		FY 2018		FY 2018		FY 2018		FY 2018		FY 2019	
NON-OPERATING INCOME AND EXPENSES
Other Expense												

DEBT SERVICE EXPENSES
1-04013	Principal 2014 Bond Issue - sent to Trustee			255,000										265,000			265,000	270,000 1-04013	Interest 2014 Bond issue - sent to Trustee	 		134,456	 					 		 		126,417	 		126,417	118,223 TOTAL DEBT SERVICE: 	389,456	 		-	 		-	 		391,417	 	391,417	 			388,223

CAPITAL IMPROVEMENT

56,147
- 10,633
 	-	 	

Capital Improvement Program R&R Add R&R Funding / Grant Revenue
Add SWD funds from City for DS commitment Land Sale Transfer to R&R Funding

53,546
30,000
11,777
-

54,044	54,044
-	5,732
8,583	8,583
 	       	1,067,000	 	1,059,000

TOTAL OTHER CAPITAL EXPENSES R&R FUND:	66,780	-	-	1,129,627	1,127,359	95,323

  

3,334,102

$

Total Expenses

$	3,098,992

$	2,121,468

$	2,759,156	$

4,803,368	$

4,517,191	$

4,254,166

 

Total Revenues

$	3,335,373

$	4,405,408

$	4,445,977	$

4,352,367	$

4,445,977

(920,064)

Surplus/(Deficit)	236,381	2,283,940	1,686,821	(451,001)	(71,214)

Available Operating Cash Balance (Ending)

   $	3,314,713	$	5,598,653	$	5,001,534	$	2,863,712	$

3,243,499	$

2,323,435

Forecast

Budget FY 2019

FY 2020	FY 2021	FY 2022	FY 2023

	General Fund Balance (Beginning)

OPERATING REVENUE	3,243,499	2,323,435		2,138,291		1,740,819		1,473,937	
1-04001	Permit Fees	-	-		-		-		-	
1-04002	Grant Revenue	-	-		-		-		-	
1-04003	Miscellaneous Fees	454	472		491		511		531	
1-04004	Storm Water Drainage Fees From City	1,822,112	1,822,112		1,822,112		1,822,112		1,822,112	
1-04005	Project Maintenance Fees	40,569	40,569		40,569		40,569		40,569	
1-04006	Interest	50	55		61		67		74	
1-04007	Special Maintenance Assessments	1,070,917	1,070,917		1,124,417		1,124,417		1,124,417	
1-04008	Interfund Transfers	-	-		-		-		-	
1-04009	Miscellaneous Income	-	-		-		-		-	
1-04010	WMB Prepayment	-	-		-		-		-	
1-04012	Stormwater Drainage from City for Bond	388,223	390,091		391,138		392,017		392,017	
1-04014	Stormwater Drainage from City for Lake Harvey R&R	11,777	9,909		8,862		7,983		7,983	
	Total Revenues	$	3,334,102	$ 3,334,125		$	3,387,650		$	3,387,676		$	3,387,703	
	
OPERATING EXPENSES									
	Board of Supervisors									
1-05001	Executive Salaries	12,000	12,000		12,000		12,000		12,000	
1-05002	FICA	918	918		918		918		918	
1-05015	Board Meeting Expenses	2,500	2,555		2,611		2,668		2,727	
	TOTAL BOARD OF SUPERVISORS	15,418	15,473		15,529		15,586		15,645	
	
District Manager									
1-06001	Assessment Fees & Costs	8,344	8,528		8,716		8,908		9,104	
1-06003	Operations & Maintenance Services	1,027	1,050		1,073		1,097		1,121	
1-06005	Management Contract	26,000	43,572		44,531		45,511		46,512	
1-06009	Travel & Per Diem	807	825		843		862		881	
	TOTAL DISTRICT MANAGER	36,178	53,975		 	55,163		 	56,378		 	57,618	
	
Finance									
1-07001	Dissemination Agent	2,030	2,030		2,030		2,030		2,030	
1-07002	Arbitrage	1,818	1,858		1,899		1,941		1,984	
1-07004	Accounting Services	31,371	32,061		32,766		33,487		34,224	
1-07005	Auditing	12,775	13,056		13,343		13,637		13,937	
1-07007	Banking Services	679	694		709		725		741	
1-07009	Property & Casualty Insurance	54,443	67,532		57,883		59,041		60,222	
1-07018	Property Taxes & Assessments	28,310	28,310		 	28,310		 	28,310		 	28,310	
	TOTAL FINANCE	131,426	145,541		 	136,940		 	139,171		 	141,448	
	
Grant Management									
1-12001	Contractual Services -GM	1,182	1,208		1,235		1,262		1,290	
	TOTAL GRANT MANAGEMENT	1,182	1,208		1,235		1,262		1,290	
	
Clerk to the Board									
1-13002	Other Contractual Services	8,652	8,842		9,037		9,236		9,439	
1-13004	Postage & Freight	846	865		884		903		923	

Printing & Binding	1,369
Legal Ads	1,514	1,399
1,547	
TOTAL CLERK TO THE BOARD	12,381	12,653	

1-13005					1,430		1,461		1,493	
1-13007					1,581		1,616		1,652	
					12,932		13,216		13,507	
	
Legal Services									
1-19001	General Counsel	35,598	36,381		37,181		37,999		38,835	
1-23001	Special Counsel	3,142	3,211		3,282		3,354		3,428	
	TOTAL LEGAL COUNSEL	38,740	39,592		40,463		41,353		42,263	
	
Engineering Services									
1-26002	Engineering Services	42,826	43,768		44,731		45,715		46,721	
	TOTAL ENGINEERING	42,826	43,768		44,731		45,715		46,721	
	
Pollution Control									
1-29002	Regulatory & Permit Fees	-	-		-		-		-	
	TOTAL POLLUTION CONTROL	-	-		-		-		-	
	
ADMINISTRATION DIVISION									
	Personnel									
1-15001	Regular Salaries	247,000	333,175		341,504		350,042		358,793	
1-15002	Overtime	1,405	1,440		1,476		1,513		1,551	
1-15003	FICA	22,115	30,066		30,793		31,537		32,299	
1-15004	Retirement Contributions	24,696	34,037		34,876		35,736		36,617	
1-15005	Health/Life/Dental Insurance	421,697	471,216		504,201		539,495		577,260	
1-15006	Workers Comp	21,575	22,007		22,447		22,896		23,354	
1-15007	Unemployment Insurance	2,956	3,030		3,106		3,184		3,264	
1-15010	Uniforms	1,724	1,762		1,801		1,841		1,882	
1-15012	Training, Cont. Educ., and Licensing	3,270	3,342		3,416		3,491		3,568	
1-15014	Annual PTO	6,279	6,417		6,558		6,702		6,849	
1-15015	Cell Stipend	1,196	1,222		1,249		1,276		1,304	
Total Administration Personnel: 	761,113	914,914	958,627	1,004,913	1,053,941
ADMIN Operating	
1-33001	Other Contractual Services	52,505	53,555	54,626	55,719	56,833	
1-33002	Website Maintenance	6,860	6,997	7,137	7,280	7,426	
1-33004	Water - Irrigation	3,873	3,950	4,029	4,110	4,192	
1-33005	Telephone & Cell Service	13,920	14,198	14,482	14,772	15,067	
1-33006	Postage & Freight	886	904	922	940	959	
	Electricity Services	5,510	5,620	6,013	6,434	6,884	
1-33010	Equipment Leasing	3,419	3,487	3,557	3,628	3,701	
	Administration Maintenance	4,250	4,335	4,422	4,510	4,600	
1-33018	Contingencies - Hurricane	20,400	20,400	20,400	20,400	20,400	
1-33019	Office Supplies	3,909	3,987	4,067	4,148	4,231	
1-33020	Fuel & Lubricants - Vehicle	31,858	33,451	35,124	36,880	38,724	
1-33021	Operating Supplies and Expenses	7,884	8,042	8,203	8,367	8,534	
1-33022	Computer Software	3,199	3,263	3,328	3,395	3,463	
1-33023	Computer Hardware/ Supplies	2,500	2,500	2,500	-	-	
1-33024	Fuel & Lubricants - Equipment	13,756	14,444	15,166	15,924	16,720	
1-33025	Minor Construction Expenses	-	-	-	-	-	
	Total Administration Operating:	174,729	179,133	183,976	186,507	191,734	

	Capital Outlay Administration		
1-33101	Equipment	-	-	-	-	-	
1-33102	Building	612,500	-	-	-	-	
1-33103	Other	166,650	-	-	-	-	
Total Administration Capital Outlay: 	779,150	-	-	-	-
 	TOTAL ADMINISTRATION	1,714,992	1,094,047 	1,142,603 	1,191,420 	1,245,675 AQUATICS DIVISION
Personnel
1-14001	Regular Salaries	275,004	281,879	288,926	296,149	303,553	
1-14002	Overtime	19,669	20,161	20,665	21,182	21,712	
1-14003	FICA	22,943	23,515	24,100	24,701	25,316	
1-14004	Retirement Contributions	26,521	27,184	27,863	28,560	29,274	
1-14008	Uniforms	3,920	3,998	4,078	4,160	4,243	
1-14011	Annual PTO	4,531	4,622	4,714	4,808	4,904	
1-14012	Cell Stipend	704	718	732	747	762	
Total Aquatics Personnel: 	357,079	365,940	375,018	384,326	393,863
Aquatics Operating	
1-31001	Operations & Maintenance Svc		12,272	12,517		12,767		13,022		13,282	
1-31003	Disposal Fees		4,113	4,195		4,279		4,365		4,452	
1-31005	Operating Supplies		6,360	6,487		6,617		6,749		6,884	
1-31009	Equipment Maintenance		13,772	14,047		14,328		14,615		14,907	
1-31011	Chemicals		136,350	143,168		150,326		157,842		165,734	
1-31012	Machinery & Equipment		5,524	5,334		5,141		4,944		4,743	
		Total Aquatics Operating:	178,391	185,748		193,458		201,537		210,002	
	Capital Outlay Aquatics										
1-31101	Equipment		62,000	-		100,000		-		-	
1-31102	Building		-	-		-		-		-	
1-31103	Other		-	-		-		-		-	
Total Aquatics Capital Outlay: 	62,000	-	100,000	-	-	
	TOTAL AQUATICS DIVISION	597,470	551,688	668,476	585,863	603,865	
	
STORM WATER MANAGEMENT DIVISION
Personnel						
1-16001	Regular Salaries	355,000	363,875	372,972	382,296	391,853	
1-16002	Overtime	19,286	19,768	20,262	20,769	21,288	
1-16003	FICA	29,390	30,121	30,870	31,638	32,425	
1-16004	Retirement Contributions	33,686	34,528	35,391	36,276	37,183	
1-16008	Uniforms	3,655	3,728	3,803	3,879	3,957	
1-16011	Annual PTO	9,010	9,190	9,374	9,561	9,752	
1-16012	Cell Stipend	887	905	923	941	960	
Total Storm Water Personnel: 	453,183	464,429	475,955	487,767	499,873
Storm Water Operating	
1-34001	Operations & Maintenance Svc	50,334	51,341	52,368	53,415	54,483	
1-34002	Laboratory Services	8,245	8,410	8,578	8,750	8,925	
1-34004	Disposal Fees	2,123	2,165	2,208	2,252	2,297	
1-34005	Operating Supplies	13,007	13,267	13,532	13,803	14,079	

1-34006     Storm Ditch Maint	-	-	-	-	-
1-34007    Landscape Materials	35,000	25,000	25,000	25,000	25,000
1-34008    Vehicle Maintenance	9,122	9,304	9,490	9,680	9,874
1-34009    Equipment Maintenance	25,789	26,305	26,831	27,368	27,915
1-34011    Chemicals	1,134	1,191	1,251	1,314	1,380
1-34014    Electricity Services	3,847	 	3,885 	4,157 	4,365 	4,583
Total Storm Water Operating: 	148,601	 	140,868 	143,415 	145,947 	148,536

Capital Outlay Storm Water
1-34101 Equipment
1-34102 Building
1-34103 Other - GIS Mapping

14,000	-	-	-

81,000
40,000
-

-	-	-	-
-	-	-	-

Total Storm Water Capital Outlay: 	121,000	14,000	-	-	-	
	TOTAL STORM WATER MANAGEMENT DIVISION	722,784	619,297	619,370	633,714	648,409	
	
EXOTIC PLANT REMOVAL DIVISION						
	Personnel						
1-17001	Regular Salaries	166,277	170,434	174,695	179,062	183,539	
1-17002	Overtime	5,290	5,422	5,558	5,697	5,839	
1-17003	FICA	13,450	13,784	14,127	14,479	14,839	
1-17004	Retirement Contributions	15,441	15,827	16,223	16,628	17,044	
1-17008	Uniforms	3,123	3,185	3,249	3,314	3,380	
1-17011	Annual PTO	3,786	3,862	3,939	4,018	4,098	
1-17012	Cell Stipend	459	468	477	487	497	
Total Exotic Plant Personnel: 	209,026	214,206	219,516	224,958	230,534
Exotic Plant Operating	
1-35001	Operations & Maintenance Svc		25,182	25,686		26,200		26,724		27,258	
1-35003	Disposal Fees		7,115	7,257		7,402		7,550		7,701	
1-35004	Operating Supplies		18,190	18,554		18,925		19,304		19,690	
1-35006	Vehicle Maintenance		9,084	9,266		9,451		9,640		9,833	
1-35008	Chemicals		6,211	6,522		6,848		7,190		7,550	
1-35010	Maintenance Contracts		59,000	59,000		59,000		59,000		-	
		Total Exotic Plant Operating:	124,782	126,285		127,826		129,408		72,032	
	Capital Outlay Exotic Plant										
1-35101	Equipment		-	27,000		126,000		-		-	
1-35102	Building		-	-		-		-		-	
1-35103	Other		-	-		-		-		-	
Total Exotic Plant Capital Outlay: 	-	27,000	126,000	-	-	
	TOTAL EXOTIC PLANT REMOVAL DIVISION	333,808	367,491	473,342	354,366	302,566	
	
SHOP OPERATIONS DIVISION						
	Personnel						
1-18001	Regular Salaries	45,852	46,998	48,173	49,377	50,611	
1-18002	Overtime	5,280	5,412	5,547	5,686	5,828	
1-18003	FICA	3,912	4,009	4,110	4,212	4,318	
1-18004	Retirement Contributions	4,602	4,717	4,835	4,956	5,080	
1-18013	Uniforms	590	602	614	626	639	
1-18016	Annual PTO	471	480	490	500	510	

Forecast
FY 2020	FY 2021	FY 2022	FY 2023

1-18017 Cell Stipend

Shop Operating

250

255

260

265

245

Total Shop Personnel:	62,658	64,208	65,799	67,428	69,098

1-36001     Operations & Maintenance Svc	7,721	7,875	8,033	8,194	8,358
1-36002    Disposal Fees	2,195	2,239	2,284	2,330	2,377
1-36003    Operating Supplies	5,945	6,064	6,185	6,309	6,435
1-36006     Machinery & Equipment	10,396	 	10,604 	10,816 	11,032 	11,253
Total Shop Operating: 	26,257	 	26,782 	27,318 	27,865 	28,423

Capital Outlay Shop
1-36101 Equipment
1-36102 Building
1-36103 Other

-	-	-	-

34,500
-
-

-	-	-	-
-	-	-	-
Total Shop Capital Outlay:	34,500	-	-	-	-

SHOP OPERATIONS DIVISION	123,415	90,990	93,117	95,293	97,521

Total Operating Expenses	3,770,620	3,035,723	3,303,901	3,173,337	3,216,528 NON-OPERATING INCOME AND EXPENSES
Other Expense

DEBT SERVICE EXPENSES
1-04013 Principal 2014 Bond Issue - sent to Trustee	270,000	280,000		290,000		300,000		300,000	
1-04013 Interest 2014 Bond issue - sent to Trustee	118,223	110,091		101,138		92,017		92,017	
TOTAL DEBT SERVICE:	388,223	390,091		391,138		392,017		392,017	

CAPITAL IMPROVEMENT									
Capital Improvement Program R&R	53,546	53,546	56,221	56,221	56,221	
Add R&R Funding / Grant Revenue	30,000	30,000	25,000	25,000	25,000	
Add SWD funds from City for DS commitment	11,777	9,909	8,862	7,983	7,983	
Land Sale Transfer to R&R Funding	-	-	-	-	-	
   
TOTAL OTHER CAPITAL EXPENSES R&R FUND: 	95,323	93,455 	90,083 	89,204 	89,204

Total Expenses

  $	4,254,166	$ 3,519,269

   $	3,785,122

  $	3,654,558

   $	3,697,749

Total Revenues	$	3,334,102	$ 3,334,125		   $	3,387,650		  $	3,387,676		   $	3,387,703	
									
Surplus/(Deficit)	(920,064)	(185,144)		(397,472)		(266,882)		(310,046)	

Available Operating Cash Balance (Ending)

  $	2,323,435	$ 2,138,291

$	1,740,819

$	1,473,937

$	1,163,891

Budget FY 2019

GENERAL FUND RENEWAL & REPLACEMENT FUND

Actual FY
 	2017	FY 2018		FY 2019 FY 2020 FY 2021 FY 2022	FY 2023 

Estimated Beginning Fund Balance	989,285	523,399	632,330	515,648	445,450	364,308	283,276

ADD REVENUES:

Grant Revenue	5,732
Interest Revenues	-	-	-	-	-	-
5% Recommended Annual Transfer + Additional Annual Transfer	56,147	54,044	53,546	53,546	53,546	56,221	56,221	
Additional funds from General Surplus Funds	-	1,059,000	30,000	30,000	25,000	25,000	25,000	
Excess Storm Water Fees - Bonds	 	10,633	8,583	11,777	11,501	8,862	7,983	7,983

TOTAL REVENUES AND FUNDS AVAILABLE	1,056,065	1,650,758	727,653	610,695	532,858	453,512	372,480

DEDUCT EXPENDITURES:
WM001	1-46001	Stormwater Emergency Renewal and Replacement	115,208	158,828	162,005	165,245	168,550	170,236	171,938
WM013	1-46003	Basin 4E & 5	102,737	-	-	
WM014	1-46004	Basin 2C Wetland Vertical Relocation & Storage	15,781	
WM017	1-46007	Street to Pond Repairs (POA)	-	-	-	-	-	-	
WM018	1-46008	Basin 2C 3B interconnect	-	-	-	-	-	-	
WM019	1-46009	Lake Harvey Improvements	298,940	-	-	-	-	-	
	1-46013	Lift Station #1 Relocation	-	265,000	15,000	-	-	-	-	
WM020	1-46014	6B Relocation Project	-	594,600	-	-	-	-	-	
WM021	1-46015	CCE Stormwater Improvement Projects	 	-	 	-		 	35,000	 	-	 	-	 	-		 	-	

TOTAL EXPENDITURES	532,666	1,018,428	212,005	165,245	168,550	170,236	171,938

FUND BALANCE, SEPTEMBER 30	 	523,399	632,330	515,648	445,450	364,308	283,276	200,542

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 $163.00 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 proposed rate is $106.00 per ERU.

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.

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

District Manager

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

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 2019 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%.

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.

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.

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 FY2019 Budget year. Coverage is from October 1 through September 30 each year.

Property Taxes & Assessments
Charges from St. Lucie County for placing the special assessments on the tax roll. Charge is equal to 2% of the total assessments placed on the tax roll and for 15% of the City of PSL Stormwater Special Assessment section of the Interlocal Agreement.

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 FY2019 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 Administration Division 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. There are no new positions planned for this FY. This year we are proposing to give a 2.1% increase to all employees based on the Bureau of Labor Statics CPI. 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, Life and Dental Insurance
This includes health, life and dental 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.

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

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.

Annual PTO
The District provides personal leave and allows a maximum cash-out each year, this code covers the maximum exposure for each FY.

Cell Phone Stipend
The District provides optional cell phone stipend to all employees, this code covers the maximum exposure for each FY.

Administration (Operating)

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

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

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 2019 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.

Equipment Leasing
The District has one copier that is leased.

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

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 2019.

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 FY2019 shows an increase of 5%.

Operating Supplies and Expenses
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 Administrative 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-2019 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. Move the new Administration Building into this fiscal year split with the UT Fund.

Other
This code is for any other Capital purchases over $1,000. Plan to purchase land for additional stormwater projects adjacent to the Trials Golf Course for $166,650, no expenditures planned for this fiscal year

AQUATICS DIVISION

Aquatics Personnel

Regular Salaries; Overtime; FICA; Retirement Contributions; Uniforms; Training & Education Expenses; Annual PTO and Cell Stipend
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.

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.

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. Replace 2009 F-350 truck for $50,000 and replace a 2014 John Deere UTV for $12,000 in FY19. No other expenditures planned for this fiscal year.

STORM WATER MAINTENANCE DIVISION

Storm Water Maintenance Personnel

Regular Salaries; Overtime; FICA; Retirement Contributions; Uniforms; Training & Education Expenses; Annual PTO and Cell Stipend
The above categories are the same as described in the Administration Budget

Storm Water Maintenance Division (Operating)

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

Laboratory Services
This line item includes laboratory services for test related to the stormwater ponds.

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

Landscape Materials
This line item includes plant material for stormwater banks and preserves.

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 2015 & 2016 Kawasaki Mule for $9,000 each, replace a 2009 Kubota Tractor for $35,000, replace a 2007 Woods mower for $16,000 and $12,000 for the fork lift replacement which will be split between several departments in 2019FY. Plan to build a lunchroom/conference room in the garage area that will be split with the UT Fund. No other expenditures planned for this fiscal year.

EXOTIC PLANT REMOVAL DIVISION

Exotic Plant Removal Personnel

Regular Salaries; Overtime; FICA; Retirement Contributions; Uniforms; Training & Education Expenses; Annual PTO and Cell Stipend
The above categories are the same as described in the Administration Budget

Exotic Plant Removal Division (Operating)

Operations & Maintenance Services, Disposal Fees, Operating Supplies, Chemicals, and Vehicle Maintenance,
The above categories are the same as described in the Stormwater Division Budget.

Maintenance Contract
The Line item is for the contracting of an outside contractor or Department of Corrections 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. No expenditures planned for this fiscal year.

SHOP OPERATION DIVISION

Shop Operational Personnel

Regular Salaries; Overtime; FICA; Retirement Contributions; Uniforms; Training & Education Expenses; Annual PTO and Cell Stipend
The above categories are the same as described in the Administration Budget

Shop Operations Division (Operating)

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

General Fund Shop Operations Division – Capital Outlay

Equipment; Building; Other
The above categories are the same as described in the Administration Budget. Proposed replacement of 2010 F-350 truck for $55,000 which is split with the UT Fund and replace a tire machine for $7,000.

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 Stormwater Repairs:	$ 162,005	
CCE Stormwater Engineering:	$ 35,000	
LS#1 Driveway Replacement:	$ 15,000	

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 2018 with a deficit due in part to the new administration building expansion project. The Proposed Budget for FY 2019 reflects no Rate Increase. The Proposed Budget for FY 2019 anticipates a deficit due to several major R&R Projects.

Assumptions Used in Preparing the Budget

Inflation – The following inflationary rates are utilized; for the regular salaries line item the rate increased to 2.1% for FY 2019 and was based upon the change in 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 6.69% this year, and liability insurance 3.01% this year for which national projections call for continuing increases. Energy costs are expected to grow at an inflation rate of 1.86% as well.

Rate Adjustment – There is no rate adjustment planned for FY 2019 in this budget based on the current factors. The Rate Stabilization Fund balance is expected to exceed $530,000 for FY2019.

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 $8,000 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 2019 of
$4,355,544. 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 $1,721,494; the Water Connection Fee Budget is $1,200,000; the Wastewater Connection Fee Budget is $0 and the Capital Outlay Budget is $1,434,050 for FY 2019.

Major capital projects contained in the capital budget for FY 2019 include the continuation of the Lift Station Renewal and Replacement project at $140,390, Emergency Renewal and Replacement Projects at $191,926, Lake Charles Irrigation Pump Station improvements at $500,000, main water line extension at $400,000 and meter replacement program at $396,653 (FY 2019). The Renewal and Replacement Fund also includes funding for emergency repairs to Association irrigation system. The Water Connection Fee Fund has one major project planned for FY2019 the water treatment plant clearwell/transfer pumps expansion project estimated at $800,000. The Wastewater Connection Fee Fund has no major projects planned for FY2019. The Capital Outlay Budget for the Utility Fund is proposing the replacement of several vehicles all totaling for $255,500, The Underground Utilities Division is also planning on building a lunchroom/conference room in the garage area which will be split with the GF Fund for $40,000 per Fund and the new administration building for $1,137,500.

AFPI Revenue $2,484.00 0.03%

Other Operating Revenue
$81,921.00 0.90%

Wholesale Water & Wastewater $563,485.00 6.17%

Billed Water Revenues
$3,110,742.00 34.05%

Billed Irrigation Revenue
$1,797,512.00 19.68%

Billed Wastewater Revenues $3,578,988.00 39.18%

TOTAL REVENUES	$	9,135,132

PERCENT
	 	TOTALS		 	REVENUES		
Billed Water Revenues	$ 3,110,742.00	34.053%	
Billed Wastewater Revenues	$ 3,578,988.00	39.178%	
Billed Irrigation Revenue	$ 1,797,512.00	19.677%	
Wholesale Water & Wastewater	$	563,485.00	6.168%	
AFPI Revenue	$	2,484.00	0.027%	
Other Operating Revenue	  $	81,921.00	 	0.897%	
TOTAL REVENUE	$	9,135,132	100.00%	

W&S PRIOR YEARS FUND BALANCE	
$	6,242,688		

Board of Supervisors 0.13%

District Manager 0.25%

Property Control 0.10%

Rate Stabilization Fund Transfer
0.00%

Clerk to the Board 0.15%

Finance 2.65%

Utility Rate Consultant 0.14%

R & R Transfers 11.39%

Legal Services 0.44%

Rate Stabilization Fund 0.90%

 	 Engineering Services
0.38%

Shop Division Irrigat2io%n Division
3.11%

Administration Division 23.65%

Underground Utilities Division 12.04%

Water Treatment Plant Division
Wastewater Treatment	10.38%
Plant Division
8.66%

TOTAL EXPENDITURES				$	10,896,246		

CAPITAL		
PERCENT	
	PERSONNEL	OPERATING	OUTLAY	 	TOTALS		EXPENDITURES	
Board of Supervisors	12,918	1,153		$	14,071	0.129%	
District Manager	26,000	1,395		$	27,395	0.251%	
Finance		288,882		$	288,882	2.651%	
Property Control		10,867		$	10,867	0.100%	
Utility Rate Consultant		15,506		$	15,506	0.142%	
Clerk to the Board		16,233		$	16,233	0.149%	
Legal Services		47,570		$	47,570	0.437%	
Engineering Services		41,588		$	41,588	0.382%	
Administration Division	989,971	427,153	1,159,500	$	2,576,624	23.647%	
Water Treatment Plant Division	398,185	680,635	52,000	$	1,130,820	10.378%	
Wastewater Treatment Plant Division	422,652	497,238	24,000	$	943,890	8.663%	
Underground Utilities Division	614,206	545,240	152,050	$	1,311,496	12.036%	
Irrigation Division	62,328	264,064	12,000	$	338,392	3.106%	
Shop Division	128,130	20,638	34,500	$	183,268	1.682%	
Debt Service Payments				2,708,655	24.859%	
Rate Stabilization Fund Transfer				-	0.000%	
R & R Transfers	 	1,240,989	 	11.389%	
TOTAL EXPENDITURES	$ 2,654,390	$ 2,858,162	$ 1,434,050	$	10,896,246	100.00%	

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

ADD REVENUES:		 	FY 2017	
 	ACTUAL		 	FY 2018	 ORIGINAL BUDGET	 	FY 2018	
      ESTIMATE 	 	FY 2019	
   PROPOSED 	
	Billed Water Revenues	3,083,455	3,062,953	3,061,741	3,110,742	
	Billed Wastewater Revenues	3,582,871	3,529,874	3,562,339	3,578,988	
	Billed Irrigation Revenue	1,784,330	1,801,615	1,786,711	1,797,512	
	Wholesale Water & Wastewater	560,789	558,183	558,183	563,485	
	AFPI Revenue	12,842	2,484	40,799	2,484	
	Other Operating Revenue	 	114,222	 	81,738	 	119,161	 	81,921	
TOTAL OPERATING REVENUES		9,138,509	9,036,847	9,128,934	9,135,132	

NON-OPERATING INCOME AND EXPENSES
Transfer from WCF to Pay Debt	-	-	-	-

TOTAL NON-OPERATING REVENUES	-	-	-	-

FUND BALANCE, October 1	6,494,475	6,990,618	6,990,618	6,242,688	
TOTAL REVENUES AND FUNDS AVAILABLE	15,632,984	16,027,465	16,119,552	15,377,820	

DEDUCT EXPENDITURES:
Board of Supervisors	

11,376	

15,546	

14,046	

14,071	
District Manager	15,988	17,449	16,949	27,395	
Finance	95,431	296,874	250,874	288,882	
Property Control	5,564	8,253	9,253	10,867	
Utility Rate Consultant	14,488	15,172	15,172	15,506	
Clerk to the Board	13,212	17,883	15,883	16,233	
Legal Services	22,353	51,736	51,736	47,570	
Engineering Services	59,003	50,773	40,773	41,588	
Administration Division	1,318,136	2,155,790	1,305,814	2,576,624	
Water Treatment Plant Division	1,026,154	1,069,445	1,054,018	1,130,820	
Wastewater Treatment Plant Division	781,656	975,588	937,426	943,890	
Underground Utilities Division	1,212,091	1,270,984	1,252,882	1,311,496	
Irrigation Division	288,131	334,664	320,831	338,392	
Shop Division	-	-	141,542	183,268	
Debt Service Payments	2,524,782	2,523,091	2,670,879	2,708,655	
Rate Stabilization Fund Transfer Out			-			-			-			- Capital improvement Projects			-			-			-			- Renewal & Replacement Transfers	 	1,254,000	 	1,128,786	 	1,778,786	 	1,240,989

TOTAL EXPENDITURES	8,642,365	9,932,034	9,876,864	10,896,246

FUND BALANCE, SEPTEMBER 30	 	6,990,619	6,095,431	6,242,688	4,481,574

Budget FY 2019

Final Amended Budget
FY 2018

Orig. Budget FY 2018

Estimate EOY FY 2018

Actual YTD FY 2018

Actual FY 2017

9	10	677,164
Water & Sewer Fund Balance (Beginning)	6,494,475	6,990,618	6,990,618	6,990,618	6,990,618	6,242,688
Rate Stabilization Fund Balance (Beginning)	531,020	531,020	531,020	531,020 OPERATING REVENUE

5-04006	Grants
Billed Water Revenue Consumption	
3,083,455	
2,300,056	-
3,061,741	-
3,062,953	-
3,061,741	-
3,110,742	
5-04106	Billed Water Revenue Base							
5-04007	Billed Wastewater Revenue Consumption	3,582,871	2,675,504	3,562,339	3,529,874	3,562,339	3,578,988	
5-04107	Billed Wastewater Revenue Base							
5-04009	Billed Irrigation Revenue Consumption	1,784,330	1,343,783	1,786,711	1,801,615	1,786,711	1,797,512	
5-04109	Billed Irrigation Revenue Base							
5-04010	Late Fees	72,843	60,690	65,000	38,000	65,000	38,000	
5-04012	Miscellaneous Fees	26,616	37,425	37,425	5,000	37,425	5,000	
5-04014	Wholesale Water Revenue	269,074	203,406	265,777	265,777	265,777	267,829	
5-04018	Meter Set Fees	3,200	5,355	5,355	3,550	5,355	3,550	
5-04021	Wholesale Wastewater Revenue	291,715	231,617	292,406	292,406	292,406	295,656	
5-04022	Interest (Operating)	11,562	10,734	11,381	5,388	11,381	5,571	
	Rate Stabilization Fund	-		-	-	-	-	
5-04047	Backflow Prevention Program	-		-	25,000	-	25,000	
5-04046	Tanker Truck Water Service	-		-	4,800	-	4,800	
5-04033	Water Impact (AFPI)	6,938	22,222	8,992	1,359	22,222	1,359	
5-04035	Wastewater Impact (AFPI)	5,904	 	18,577	 	7,625	 	1,125	 	18,577	1,125	
 	Total Revenues	$	9,138,508	$ 6,909,369	  $	9,104,752	   $ 9,036,847	   $	9,128,934	$ 9,135,132	
	OPERATING EXPENSES
Board of Supervisors						
5-05001	Executive Salaries	9,800	9,671	12,000	12,000	12,000	12,000	
5-05002	FICA	801	753	918	918	918	918	
5-05004	   Board Meeting Expenses	776	 	612	 	734	 	2,628	 	1,128	1,153	
	 	TOTAL BOARD OF SUPERVISORS	11,376	 	11,036	 	13,652	 	15,546	 	14,046	14,071	
	District Manager						
5-06002	Management Contract	15,204		15,584	15,584	15,584	26,000	
5-06003	   Travel & Per Diem	784	 	587	 	704	 	1,865	 	1,365	1,395	
	 	TOTAL DISTRICT MANAGER	15,988	 	587	 	16,288	 	17,449	 	16,949	27,395	
	
Finance						
5-07001	Dissemination Agent	-		-	2,191	2,191	2,239	
5-07002	Arbitrage	-		-	2,400	2,400	2,400	
5-07003	Accounting Services	41,546	29,894	35,873	50,758	45,758	46,765	
5-07004	Auditing	14,150	14,430	15,000	18,613	15,113	15,445	
5-07006	Banking Services	15,264	15,026	18,031	25,912	19,912	20,350	
5-07007	Property & Casualty Insurance	24,335	152,428	153,500	155,000	153,500	159,283	
5-07009	   Bad Debt	136	 	961	 	1,153	 	42,000	 	12,000	42,400	
	 	TOTAL FINANCE	95,431	 	212,739	 	223,557	 	296,874	 	250,874	288,882	
	Property Control						
5-09001	Building & Land Rental	1,807	1,085	1,847	1,847	1,847	1,888	
5-09003	Computer Software/Licensing	2,572	4,883	5,860	3,350	5,850	4,779	
5-09004	Computer Hardware/Supplies	1,185		1,556	3,056	1,556	4,200	

Budget FY 2019

Final Amended Budget
FY 2018

Orig. Budget FY 2018

Estimate EOY FY 2018

Actual YTD FY 2018

Actual FY 2017

9	 	10		677,164
TOTAL PROPERTY CONTROL	5,564

Utility Rate Consultant
5-11001	Other Contractual Services	14,488
TOTAL RATE CONSULTANT	14,488

Clerk to the Board	 	5,968

 	2,250
 	2,250	 	9,263	8,253	9,253

 	15,172	15,172	15,172
 	15,172	15,172	15,172	10,867

15,506
15,506	
5-13002	Other Contractual Services	9,760	7,660	9,192	10,402	10,402	10,631	
5-13004	Postage & Freight	1,038	802	962	1,484	1,484	1,517	
5-13005	Printing & Binding	1,894	1,351	1,621	3,266	2,266	2,316	
5-13006	   Legal Ads	520	 	629	 	755	 	2,731	 	1,731	1,769	
	 	TOTAL CLERK TO THE BOARD	13,212	 	10,442	 	12,530	 	17,883	 	15,883	16,233	
	
Legal Services						
5-19001	General Counsel	21,148	23,053	27,664	42,969	37,969	38,803	
5-23001	   Special Counsel	1,205	 	10,987	 	13,000	 	8,767	 	13,767	8,767	
	 	TOTAL LEGAL COUNSEL	22,353	 	34,040	 	40,664	 	51,736	 	51,736	47,570	
	
Engineering Services						
5-26002	   Engineering Services	59,003	 	9,798	 	11,758	 	50,773	 	40,773	41,588	
	 	TOTAL ENGINEERING	59,003	 	9,798	 	11,758	 	50,773	 	40,773	 	41,588	
	ADMINISTRATION DIVISION
Personnel						
5-14001	Regular Salaries	376,479	259,952	343,942	451,410	356,970	378,000	
5-14003	Overtime	7,420	265	1,318	8,808	1,808	1,853	
5-14004	FICA	30,177	13,035	15,642	37,786	29,320	32,378	
5-14005	Retirement Contributions	37,046	27,541	33,049	42,822	33,692	36,527	
5-14006	Health/Life/Dental Insurance	433,753	313,243	375,892	431,070	433,070	483,385	
5-14007	Workers Comp	29,475	22,250	22,250	34,272	31,272	32,547	
5-14008	Unemployment Compensation	-		-	5,083	2,083	2,135	
5-14010	Uniforms	1,860	1,867	3,480	3,480	3,480	3,557	
5-14012	Training & Education Costs	1,522	1,571	1,885	6,196	4,196	2,196	
5-14013	Vehicle Allowance	6,900	5,743	7,200	7,200	7,200	7,200	
5-14014	Annual PTO	89	838	838	8,720	838	8,800	
5-14015	Cell Stipend	 	360	 	431	 	517	2,214	874	1,393	
		Total Administration Personnel: 	925,079	 	646,736	 	806,013	1,039,061	904,803	989,971	
ADMIN Operating	
5-29001	Other Contractual Services	132,368	119,278	143,134	169,796	164,796	173,092	
5-29002	Website Maintenance	3,485	3,596	4,315	3,471	4,371	4,458	
5-29003	Operating Supplies	5,940	2,739	3,287	9,868	5,368	5,475	
5-29004	Storm Water Fees	26,340	8,471	33,884	65,636	33,884	33,884	
5-29005	Telephone & Cell Service	11,186	8,749	10,499	17,760	11,760	11,995	
5-29006	Postage & Freight	35,853	23,971	28,765	40,886	35,886	36,604	
5-29007	Equipment Leasing	2,094	905	1,086	3,176	2,176	2,220	
5-29008	Administrative Maintenance	3,698	1,479	1,775	2,997	2,247	2,292	
5-29011	Contingencies - Hurricane	-		-	-	-	-	

Office Supplies	3,798
Fuel & Lubricants - Vehicle	43,270
Fuel & Lubricants - Equipment	12,643
Minor Construction Expenses	272
Project Maintenance Fees	-
Contingency (1.5%)	-
Electricity Services	2,207
Total Administration Operating:	283,154 Capital Outlay Administration
Equipment	67,750
Building	42,153
Other	-
Total Administration Capital Outlay:	109,903

 	TOTAL ADMINISTRATION	1,318,136 WATER TREATMENT PLANT DIVISION
Personnel
Regular Salaries	258,626
Overtime	39,871
FICA	23,213
Retirement Contributions	24,751
Uniforms	1,161
Training & Education Costs	1,473
Annual PTO	536
Cell Stipend	 	280
Total WTP Personnel: 	349,910
WTP Operating
Other Contractual Services	87,903
Operations & Maintenance Services	1,880
Laboratory Services	24,352
Operating Supplies	8,243
Electricity Services	190,167
Plant Maintenance	72,331
Chemicals	267,618
Water Conservation Grant Program			8,945 Backflow Prevention Program		 	14,805 Total WTP Operating: 	676,244
Capital Outlay WTP
Equipment	-
Building	-
Other	-	3,068	
	32,898	
	7,977	
	1,154	
	52,196	
	1,538	
	268,019	
	
-	
	-	
	 	914,755	
	
209,955	
	20,326	
	18,426	
	16,108	
	893	
	1,129	
	3,166	
	 	383	
	 	270,386	
	42,217	
	1,360	
	14,256	
	2,506	
	137,701	
	51,043	
	207,939	
	6,290	
	 	21,195	
	 	484,507	
	
-	
	-	
Total WTP Capital Outlay:	-	-	
			
TOTAL WATER TREATMENT PLANT DIVISION	1,026,154	754,893	

WASTEWATER TREATMENT PLANT DIVISION		

5-29012
5-29013
5-29014
5-29015
5-29016
5-29017
5-29018

5-29101
5-29102
5-29103

5-15001
5-15002
5-15003
5-15004
5-15008
5-15010
5-15011
5-15012

5-30001
5-30002
5-30003
5-30004
5-30005
5-30007
5-30009
5-30010
5-30011

5-30101
5-30102
5-30103

9	10	677,164

3,859
45,922
12,644
1,460
6,685
79,268
7,295
427,153

Budget FY 2019

Final Amended Budget
FY 2018

Orig. Budget FY 2018

Estimate EOY FY 2018

Actual YTD FY 2018

Actual FY 2017

3,682	4,321	3,821
39,478	54,735	43,735
9,572	12,042	12,042
1,385	931	1,431
-	6,685	6,685
60,559	80,559	60,559
 	1,846	11,050	2,250
 	343,267	483,913	391,011

22,000
1,137,500
-

-	-
10,000	632,816	10,000
 	-	-	
 	10,000	632,816	10,000	 	1,159,500

 	1,159,280	 	2,155,790	 	1,305,814	 	2,576,624

275,946	283,679	278,679	295,253
24,391	36,643	36,643	37,559
22,111	25,022	23,601	25,894
19,330	28,829	23,879	29,953
1,878	1,878	1,878	1,919
1,355	3,730	1,930	1,930
3,166	5,441	3,166	4,328
 	460	1,320	820	1,349
 	348,637	386,542	370,596	 	398,185

50,660	79,386	79,386	80,974
1,632	2,822	2,322	2,368
17,107	24,670	24,670	25,163
3,007	11,020	8,020	8,180
189,241	198,054	190,073	190,073
61,252	82,264	82,264	84,156
249,527	250,687	251,687	256,721
7,548	9,000	8,000	8,000
 	25,000	 	25,000	 	37,000	25,000
 	604,974	 	682,903	 	683,422	 	680,635

52,000
-
-

-	-	-
-	-	-
 	-	-	-
 	-	-	-	 	52,000

 	953,611	 	1,069,445	1,054,018	 	1,130,820

-	-

Budget FY 2019

Final Amended Budget
FY 2018

Orig. Budget FY 2018

Estimate EOY FY 2018

Actual YTD FY 2018

Actual FY 2017

9	10	677,164
Personnel
5-16001	Regular Salaries	250,645
5-16002	Overtime	37,737
5-16003	FICA	22,183
5-16004	Retirement Contributions	26,174
5-16008	Uniforms	2,032
5-16010	Training & Education Costs	1,607
5-16011	Annual PTO	356	209,088
29,601
18,212
20,936
1,873
846
2,542	283,906	276,625	301,625
35,521	44,164	38,164
21,854	25,030	23,647
25,123	28,871	27,781
2,234	2,234	2,234
1,015	4,107	2,607
2,542	5,083	2,542	313,658
39,118
27,431
31,750
2,283
2,607
4,456	
5-16012	Cell Stipend	 	205	 	296	 	355	1,320	820	1,349	
	
WWTP Operating	Total WWTP Personnel: 	340,938
-	 	283,394	 	372,550	387,434	399,420
-	 	422,652	
5-31001	Other Contractual Services	23,773	29,264	35,117	54,998	54,998	46,098	
5-31002	Operations & Maintenance Services	6,670	4,026	4,831	12,057	8,057	8,218	
5-31003	Laboratory Services	24,909	15,761	18,913	30,582	28,582	29,154	
5-31004	Operating Supplies	19,493	10,482	12,578	18,228	15,728	16,043	
5-31005	Sludge Disposal	78,705	62,887	75,464	107,830	87,830	89,587	
5-31006	Electricity Services	143,812	110,655	147,786	164,804	151,156	151,156	
5-31008	Plant Maintenance	52,220	22,302	26,762	47,630	44,630	45,656	
5-31010	Chemicals	 	91,135	 	65,791	 	78,949	 	111,025	 	106,025	111,326	
Total WWTP Operating: 	440,718	 	321,168	 	400,400	 	547,154	 	497,006	 	497,238	

5-31101
5-31102
5-31103

-	-

Capital Outlay WWTP
Equipment Building Other

-
-
-

Total WWTP Capital Outlay:	-
TOTAL WASTEWATER TREATMENT PLANT DIVISION	781,656

2,341
-
2,341
606,903

UNDERGROUND UTILITIES DIVISION
Personnel Regular Salaries Overtime
FICA
Retirement Contributions Uniforms
Training & Education Costs Annual PTO
Cell Stipend

424,910	328,856
60,595	48,708
37,139	27,934
41,142	35,107
4,146	3,812
1,906	1,414
372	1,561
 	1,000	 	1,189
 	448,581

UGU Operating

Total UGU Personnel: 	571,211
-

24,000
-
-

41,000	41,000	41,000
 	-	-	-	

 	41,000	41,000	41,000	 	24,000

 	813,950	 	975,588	937,426	 	943,890

5-17001
5-17002
5-17003
5-17004
5-17008
5-17010
5-17011
5-17012

428,627	455,831	435,983	445,139
58,450	68,434	63,434	65,020
33,521	40,901	37,487	39,805
42,128	47,184	43,948	45,914
4,574	6,726	5,726	5,852
1,697	3,013	2,313	2,313
1,561	7,265	1,561	6,974
 	1,427	3,120	2,120	3,189
 	571,985	632,474	592,572	 	614,206
-

5-32001	Other Contractual Services	181,096	238,026	285,631	198,336	285,336	281,043	
5-32002	Operations & Maintenance Services	94,033	76,522	91,826	98,115	92,915	94,773	
5-32003	Operating Supplies	68,834	68,905	82,686	103,130	92,130	93,973	
5-32004	Electricity Services	39,197	30,566	36,679	38,600	38,600	38,600	
5-32005	Vehicle Maintenance	20,766	12,424	14,909	20,317	18,317	18,683	
5-32006	Lift Station Maintenance	 	10,909	 	9,763	 	11,716	 	24,812	 	17,812	18,168	
	Total UGU Operating: 	414,835
Capital Outlay UGU	 	436,206	 	523,447	 	483,310	 	545,110	 	545,240	

Actual FY 2017

5-32101
5-32102
5-32104
5-32103

9	10	677,164

Equipment Building New Meters Other

226,045
-
-
-
226,045
1,212,091

67,699
16,105

Total UGU Capital Outlay: TOTAL UNDERGROUND UTILITIES DIVISION
IRRIGATION DIVISION
Personnel Regular Salaries Overtime
FICA
Retirement Contributions Uniforms
Training & Education Costs Annual PTO
Cell Stipend

83,804
968,591

37,648
7,266
3,262
4,069
362
202
-
 	-	

30,335
3,987
2,477
3,174
328
287

 	
 	40,588

IRR Operating
Other Contractual Services

Total IRR Personnel: 	52,810
- 28,270

Operations & Maintenance Services Laboratory Services
Operating Supplies Electricity Services Maintenance - Irrigation Chemicals

34,658
85
2,903
135,105
17,395
 	16,905

24,940
19,861

Total IRR Operating: 	235,321

6,623
106,017
18,518
 	9,424
 	185,383

Capital Outlay IRR
Equipment	-
Building	-	-
Other	-	-
Total IRR Capital Outlay:	-	-

TOTAL IRRIGATION DIVISION	288,131	 	225,971

Budget FY 2019

Final Amended Budget
FY 2018

Orig. Budget FY 2018

Estimate EOY FY 2018

Actual YTD FY 2018

79,150	84,150	79,150	111,000
35,000	70,000	35,000	40,000
1,050	1,050	1,050	1,050
 	-	-	-		-
 	115,200	155,200	115,200	 	152,050

 	1,210,632	 	1,270,984	1,252,882	 	1,311,496

5-18001
5-18002
5-18003
5-18004
5-18008
5-18009
5-18010
5-18011

5-33001
5-33002
5-33003
5-33004
5-33005
5-33008
5-33010

36,402	41,670	41,670	42,712
4,784	9,766	8,266	8,473
2,972	4,010	3,823	3,992
3,809	4,629	4,494	4,607
394	733	733	749
344	795	795	795
-	745	-	755
 	-	240	40	245
 	48,705	62,588	59,821	 	62,328
-
29,928	34,818	33,818	34,494
23,833	36,330	33,830	34,507
-	679	579	591
7,948	7,106	8,106	8,268
139,220	146,635	141,169	141,169
22,222	24,014	24,014	24,566
 	11,309	 	22,494	 	19,494	20,469
 	234,460	 	272,076	 	261,010	 	264,064

5-33101
5-33102
5-33103

-	-	-	12,000
-	-	-	-
 	-	-	-		-
 	-	-	-	 	12,000

 	 	
 	283,165	 	334,664	320,831	 	338,392

SHOP & MAINTENANCE OPERATIONS DIVISION
Personnel

98,000
7,292
8,208
9,476
1,145
2,006
1,518
485

5-40001	Regular Salaries	69,620	95,773	95,773
5-40002	Overtime	6,368	7,642	7,651
5-40003	FICA	13,454	16,145	16,201
5-40004	Retirement Contributions	6,517	7,820	9,308
5-40013	Uniforms	153	184	1,128
5-40015	Training, Cont. Educ., and Licensing	-	-	500
5-40016	Annual PTO	3,731	3,731	3,731

99,843

5-40017	Cell Stipend	 		-	 	-	 		 	50

Total Shop & Maintenance Personnel: 	- Shop & Maintenance Operating

 	131,295	 	-	 	134,342	 	128,130

Budget FY 2019

Final Amended Budget
FY 2018

Orig. Budget FY 2018

Estimate EOY FY 2018

Actual YTD FY 2018

Actual FY 2017

9	10	677,164

5,744
1,608
4,260
9,026

5-41001	Operations & Maintenance Svc	2,700	2,700
5-41002	Disposal Fees	500    -	500

7200

-

5-41003	Operating Supplies			1,500   -			1,500 5-41006	Machinery & Equipment	 		2,500   - 		 	2,500

Total Shop & Maintenance Operating: 	- Capital Outlay Shop & Maintenance

 	-	 	7,200	 	20,638

34,500

5-41101	Equipment	-	-
5-41102	Building	-	-
5-41103	Other	 	-	-	

-

Total Shop & Maintenance Capital Outlay:	-	 	-	-	-	 	34,500

TOTAL SHOP & MAINTENANCE OPERATIONS DIVISION	-	99,843	 	138,495	-	141,542	 	183,268

Total Operating Expenses	 	4,863,583	3,857,816	 	4,902,017	6,280,157	 	5,427,199	 	6,946,602

-

NON-OPERATING INCOME AND EXPENSES			
Other Income			
Transfer from Water Connection Fees to Pay Debt	-	-	 	-		
5-34001	TOTAL NON-OPERATING INCOME	-	-	 	-		

DEBT SERVICE EXPENSES
5-27011	Cost of Issuance	-
5-27013	Principal 2014 Bond Issue Refi of 2004	160,000
5-27012	Interest 2014 Bond Issue Refi of 2004	414,428
5-27008	Principal 2011 Bond Issue	1,045,000
5-27007	Interest 2011 Bond issue	546,630
5-27010	Principal 2013 Bond Issue	245,000
5-27009	Interest 2013 Bond issue	 	113,724
TOTAL DEBT SERVICE: 	2,524,782

RATE STABILIZATION
Transfer Out to Rate Stabilization Fund	 	-	
TOTAL RATE STABILIZATION SERVICE: 	-

CAPITAL IMPROVEMENT & TRANSFERS
Capital Improvement Program - WWTP Expansion	-
5-28127	Required R&R Transfer to Capital (5%)	454,000 Additional R&R Transfer for CIP's	800,000
Cash Carry Forward for R&R CIP	 	-			

170,000	
	220,077	455,995	
		1,070,000	
	286,253	599,816	
		250,000	
	 	53,885	 	125,068	
	 	560,215	 	2,670,879	
	
 	-	
 		
	 	-	 	-	
	
-	
-	
	846,590	478,786	
	-	1,300,000	
	-	-	

-	 	-	

-	 	-	 	-

-
170,000	170,000	170,000	
408,472	455,995	464,747	
1,070,000	1,070,000	1,105,000	
516,848	599,816	590,450	
250,000	250,000	255,000	
 	107,771	 	125,068	123,458	
 	2,523,091	 	2,670,879	 	2,708,655	

 	-	 	-		-	
 	-	 	-	 	-	

-	-
478,786	478,786	465,989
650,000	1,300,000	775,000
 	-	-		-
TOTAL CI & TRANSFERS EXPENSES: 	1,254,000	 	846,590	1,778,786	 	1,128,786	1,778,786	 	1,240,989

Total Expenses

  $	8,642,365	$  5,264,621	$	9,351,682	$ 9,932,034

   $	9,876,864

   $ 10,896,246

 	 	 	

Total Revenues

$	9,138,508

   $	9,104,752	$ 9,036,847

   $	9,128,934

$ 6,909,369

$ 9,135,132

Surplus/(Deficit) Before Transfer from
(to) Operating Reserve	496,143	1,644,748	(246,930)	(895,187)	(747,930)		(1,761,114)

Budget FY 2019

Final Amended Budget
FY 2018

Orig. Budget FY 2018

Estimate EOY FY 2018

Actual YTD FY 2018

Actual FY 2017

9	10	677,164

Available Operating Cash Balance (Ending)

  $	6,990,618	$  8,635,366	$	6,743,688	$ 6,095,431

$	6,242,688

$ 4,481,574

*Coverage Provided (Required > 1.10)	1.82	1.63	1.42	1.43	1.34	
**Coverage w/R&R deducted (Required > 1.00)	1.55	1.39	1.19	1.23	1.14	
Index Rate Increase (included in revenues)	 	0.00%	 	0.00%	 	0.00%	 	0.00%	 	0.00%	 	0.00%	
Total Effective Rate Increase	 	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	

	Budget		Forecast	
	FY 2019		FY 2020	FY 2021	FY 2022	FY 2023	
	
Water & Sewer Fund Balance (Beginning)	
6,242,688		
4,481,574	
4,571,332	
4,711,418	
4,789,283	
	Rate Stabilization Fund Balance (Beginning)	531,020		531,020	531,020	531,020	531,020	
	OPERATING REVENUE							
	Grants	-		-	-	-	-	
5-04006	Billed Water Revenue Consumption	3,110,742		3,126,686	3,192,666	3,260,035	3,328,822	
5-04106	Billed Water Revenue Base	-		-	-	-	-	
5-04007	Billed Wastewater Revenue Consumption	3,578,988		3,601,148	3,677,295	3,755,048	3,834,441	
5-04107	Billed Wastewater Revenue Base	-		-	-	-	-	
5-04009	Billed Irrigation Revenue Consumption	1,797,512		1,797,512	1,833,462	1,870,131	1,907,534	
5-04109	Billed Irrigation Revenue Base	-		-	-	-	-	
5-04010	Late Fees	38,000		38,000	38,000	38,000	38,000	
5-04012	Miscellaneous Fees	5,000		5,000	5,000	5,000	5,000	
5-04014	Wholesale Water Revenue	267,829		271,551	277,085	282,627	288,280	
5-04018	Meter Set Fees	3,550		3,550	4,040	4,040	4,040	
5-04021	Wholesale Wastewater Revenue	295,656		299,332	305,448	307,719	317,788	
5-04022	Interest (Operating)	5,571		5,571	5,571	5,571	5,571	
	Rate Stabilization Fund	-		-	-	-	-	
	Backflow Prevention Program	25,000		25,000	25,000	25,000	25,000	
5-04046	Tanker Truck Water Service	4,800		4,800	4,800	4,800	4,800	
5-04033	Water Impact (AFPI)	1,359		1,359	1,359	1,359	1,359	
5-04035	Wastewater Impact (AFPI)	1,125		1,125	1,125	1,125	1,125	
	Total Revenues	$ 9,135,132		$	9,180,634	$	9,370,851	$	9,560,455	$	9,761,760	
	
OPERATING EXPENSES							
	Board of Supervisors							
5-05001	Executive Salaries	12,000		12,000	12,000	12,000	12,000	
5-05002	FICA	918		918	918	918	918	
5-05004	Board Meeting Expenses	1,153		1,178	1,204	1,230	1,257	
	TOTAL BOARD OF SUPERVISORS	14,071		14,096	14,122	14,148	14,175	
	
District Manager							
5-06002	Management Contract	26,000		43,572	44,531	45,511	46,512	
5-06003	Travel & Per Diem	1,395		1,426	1,457	1,489	1,522	
	TOTAL DISTRICT MANAGER	27,395		44,998	45,988	47,000	48,034	
	
Finance							
5-07001	Dissemination Agent	2,239		2,288	2,338	2,389	2,442	
5-07002	Arbitrage	2,400		2,400	2,400	2,400	2,400	
5-07003	Accounting Services	46,765		47,794	48,845	49,920	51,018	
5-07004	Auditing	15,445		15,785	16,132	16,487	16,850	
5-07006	Banking Services	20,350		20,798	21,256	21,724	22,202	
5-07007	Property & Casualty Insurance	159,283		202,947	179,094	188,049	234,936	
5-07009	Bad Debt	42,400		42,600	43,500	44,400	45,400	
	TOTAL FINANCE	288,882		334,612	313,565	325,369	375,248	
	
Property Control							
5-09001	Building & Land Rental	1,888		1,930	1,972	2,015	2,059	
5-09002	Vehicle Leasing	-		-	-	-	-	
5-09003	Computer Software/Licensing	4,779		4,884	4,991	5,101	5,213	
5-09004	Computer Hardware/Supplies	4,200		3,192	3,262	3,334	3,407	
	TOTAL PROPERTY CONTROL	10,867		10,006	10,225	10,450	10,679	
	
Utility Rate Consultant							
5-11001	Other Contractual Services	15,506		15,847	16,196	16,552	16,916	
	TOTAL RATE CONSULTANT	15,506		15,847	16,196	16,552	16,916	
	
Clerk to the Board							
5-13002	Other Contractual Services	10,631		10,865	11,104	11,348	11,598	
5-13004	Postage & Freight	1,517		1,550	1,584	1,619	1,655	

Printing & Binding Legal Ads	Budget
FY 2019	
	2,316
1,769	
TOTAL CLERK TO THE BOARD	16,233	

General Counsel
Special Counsel	38,803
8,767	
TOTAL LEGAL COUNSEL	47,570	

Engineering Services	41,588	

		Forecast		
		FY 2020		FY 2021		FY 2022		FY 2023	
5-13005			2,367		2,419		2,472		2,526	
5-13006			1,808		1,848		1,889		1,931	
			16,590		16,955		17,328		17,710	
	
Legal Services									
5-19001			39,657		40,529		41,421		42,332	
5-23001			8,767		8,767		8,767		8,767	
			48,424		49,296		50,188		51,099	
	
Engineering Services									
5-26002			42,420		43,268		44,133		45,016	
TOTAL ENGINEERING	41,588	42,420	43,268	44,133	45,016	

	ADMINISTRATION DIVISION		
	Personnel		
5-14001	Regular Salaries	378,000	364,450	373,561	382,900	392,473	
5-14003	Overtime	1,853	1,899	1,946	1,995	2,045	
5-14004	FICA	32,378	32,982	33,774	34,585	35,416	
5-14005	Retirement Contributions	36,527	36,893	37,803	38,737	39,693	
5-14006	Health/Life/Dental Insurance	483,385	524,622	561,346	600,640	630,672	
5-14007	Workers Comp	32,547	34,174	35,883	37,677	39,561	
5-14008	Unemployment Compensation	2,135	2,188	2,243	2,299	2,356	
5-14010	Uniforms	3,557	3,635	3,715	3,797	3,881	
5-14012	Training & Education Costs	2,196	2,196	2,196	2,196	2,196	
5-14014	Annual PTO	8,800	8,994	9,192	9,394	9,601	
5-14015	Cell Stipend	1,393	1,424	1,455	1,487	1,520	
	Total Administration Personnel:	989,971	1,024,257	1,073,914	1,126,507	1,170,214	
	ADMIN Operating						
5-29001	Other Contractual Services	173,092	176,554	180,085	183,687	187,361	
5-29002	Website Maintenance	4,458	4,547	4,638	4,731	4,826	
5-29003	Operating Supplies	5,475	5,585	5,697	5,811	5,927	
5-29004	Storm Water Fees	33,884	33,884	33,884	33,884	33,884	
5-29005	Telephone & Cell Service	11,995	12,235	12,480	12,730	12,985	
5-29006	Postage & Freight	36,604	37,336	38,083	38,845	39,622	
5-29007	Equipment Leasing	2,220	2,264	2,309	2,355	2,402	
5-29008	Administrative Maintenance	2,292	2,338	2,385	2,433	2,482	
5-29011	Contingencies - Hurricane	-	-	-	-	-	
5-29012	Office Supplies	3,859	3,898	3,937	3,976	4,016	
5-29013	Fuel & Lubricants - Vehicle	45,922	48,448	51,839	55,468	59,351	
5-29014	Fuel & Lubricants - Equipment	12,644	13,529	14,476	15,489	16,573	
5-29015	Minor Construction Expenses	1,460	1,489	1,519	1,549	1,580	
5-29016	Project Maintenance Fees	6,685	6,685	6,685	6,685	6,685	
5-29017	Contingency (1.5%)	79,268	82,021	84,125	86,821	90,012	
5-29018	Electricity Services	7,295	7,377	7,746	8,133	8,540	
	Total Administration Operating:	427,153	438,190	449,888	462,597	476,246	
	Capital Outlay Administration	-	-	-	-	-	
5-29101	Equipment	22,000	-	15,000	-	-	
5-29102	Building	1,137,500	-	-	-	-	
5-29103	Other		 	-	 	-	-	-	-	
		Total Administration Capital Outlay:	1,159,500	-	15,000	-	-	

	TOTAL ADMINISTRATION	2,576,624	1,462,447		1,538,802		1,589,104		1,646,460	
	WATER TREATMENT PLANT DIVISION									
	Personnel									
5-15001	Regular Salaries	295,253	302,634		310,200		317,955		325,904	
5-15002	Overtime	37,559	38,498		39,460		40,447		41,458	
5-15003	FICA	25,894	26,540		27,203		27,881		28,577	
5-15004	Retirement Contributions	29,953	30,702		31,469		32,256		33,063	
5-15008	Uniforms	1,919	1,961		2,004		2,048		2,093	

Forecast	
FY 2020	FY 2021	FY 2022	FY 2023	

		-	-	-	-	-	
	TOTAL WASTEWATER TREATMENT PLANT DIVISION	943,890	942,457	971,610	1,031,809	1,033,096	
	
UNDERGROUND UTILITIES DIVISION						
	Personnel						
5-17001	Regular Salaries	445,139	456,267	467,674	479,366	491,350	
5-17002	Overtime	65,020	66,646	68,312	70,020	71,771	
5-17003	FICA	39,805	40,797	41,815	42,858	43,927	
5-17004	Retirement Contributions	45,914	47,062	48,239	49,445	50,681	
5-17008	Uniforms	5,852	5,981	6,113	6,247	6,384	
5-17011	Annual PTO	6,974	7,127	7,284	7,444	7,608	
5-17012	Cell Stipend	3,189	3,259	3,331	3,404	3,479	

	Budget			
	FY 2019			
5-15011	Annual PTO	4,328		4,423	4,520	4,619	4,721	
5-15012	Cell Stipend	1,349		1,379	1,409	1,440	1,472	
	Total WTP Personnel:	398,185		408,067	418,195	428,576	439,218	
	WTP Operating							
5-30001	Other Contractual Services	80,974		82,593	84,245	85,930	87,649	
5-30002	Operations & Maintenance Services	2,368		2,415	2,463	2,512	2,562	
5-30003	Laboratory Services	25,163		25,666	26,179	26,703	27,237	
5-30004	Operating Supplies	8,180		8,344	8,511	8,681	8,855	
5-30005	Electricity Services	190,073		192,202	201,812	211,903	222,498	
5-30007	Plant Maintenance	84,156		86,092	88,072	90,098	92,170	
5-30009	Chemicals	256,721		261,855	267,092	272,434	277,883	
5-30010	Water Conservation Grant Program	8,000		8,000	8,000	8,000	8,000	
5-30011	Backflow Prevention Program	25,000		25,000	25,000	25,000	25,000	
	Total WTP Operating:	680,635		692,167	711,374	731,261	751,854	
	Capital Outlay WTP			
5-30101	Equipment	52,000	-	-	-	-	
5-30102	Building	-	-	-	-	-	
5-30103	Other	 	-	 	-	-	-	-	
Total WTP Capital Outlay:	52,000		-	-	-	-	
							
TOTAL WATER TREATMENT PLANT DIVISION	1,130,820		1,100,234	1,129,569	1,159,837	1,191,072	

	WASTEWATER TREATMENT PLANT DIVISION		
	Personnel		
5-16001	Regular Salaries	313,658	321,499		329,536		337,774		346,218	
5-16002	Overtime	39,118	40,096		41,098		42,125		43,178	
5-16003	FICA	27,431	28,116		28,817		29,536		30,273	
5-16004	Retirement Contributions	31,750	32,544		33,357		34,191		35,046	
5-16008	Uniforms	2,283	2,333		2,384		2,436		2,490	
5-16011	Annual PTO	4,456	4,554		4,654		4,756		4,861	
5-16012	Cell Stipend	1,349	1,379		1,409		1,440		1,472	
	Total WWTP Personnel:	422,652	433,128		443,862		454,865		466,145	
	WWTP Operating									
5-31001	Other Contractual Services	46,098	47,020		47,960		48,919		49,897	
5-31002	Operations & Maintenance Services	8,218	8,382		8,550		8,721		8,895	
5-31003	Laboratory Services	29,154	29,737		30,332		30,939		31,558	
5-31004	Operating Supplies	16,043	16,364		16,691		17,025		17,366	
5-31005	Sludge Disposal	89,587	91,379		93,207		95,071		96,972	
5-31006	Electricity Services	151,156	152,849		160,491		168,516		176,942	
5-31008	Plant Maintenance	45,656	46,706		47,780		48,879		50,003	
5-31010	Chemicals	111,326	116,892		122,737		128,874		135,318	
	Total WWTP Operating:	497,238	509,329		527,748		546,944		566,951	
	Capital Outlay WWTP				
5-31101	Equipment	24,000	-	-	30,000	-	
5-31102
5-31103	Building
Other	-
 	-	-	-	-
 	-	-	-		-
-	
Total WWTP Capital Outlay:	24,000	-	-	30,000	-	

Forecast	
FY 2020	FY 2021	FY 2022	FY 2023	

		Budget			
		FY 2019			
	Total UGU Personnel:	614,206		629,452		645,081	661,097	677,513	
	UGU Operating								
5-32001	Other Contractual Services	281,043		286,664		292,397	298,245	304,210	
5-32002	Operations & Maintenance Services	94,773		96,668		98,601	100,573	102,584	
5-32003	Operating Supplies	93,973		95,852		97,769	99,724	101,718	
5-32004	Electricity Services	38,600		39,032		40,984	43,033	45,185	
5-32005	Vehicle Maintenance	18,683		19,057		19,438	19,827	20,224	
5-32006	Lift Station Maintenance	18,168		18,586		19,013	19,450	19,897	
	Total UGU Operating:	545,240		555,859		568,202	580,852	593,818	
	Capital Outlay UGU								
5-32101	Equipment	111,000		46,000		35,000	60,000	60,000	
5-32102	Building	40,000		-		-	-	-	
5-32104	New Meters	1,050		1,050		1,050	1,050	1,050	
5-32103	Other	-		-		-	-	-	
	Total UGU Capital Outlay:	152,050		47,050		36,050	61,050	61,050	
									
	TOTAL UNDERGROUND UTILITIES DIVISION	1,311,496		1,232,361		1,249,333	1,302,999	1,332,381	
	
IRRIGATION DIVISION								
	Personnel								
5-18001	Regular Salaries	42,712		43,780		44,875	45,997	47,147	
5-18002	Overtime	8,473		8,685		8,902	9,125	9,353	
5-18003	FICA	3,992		4,092		4,194	4,299	4,406	
5-18004	Retirement Contributions	4,607		4,722		4,840	4,961	5,085	
5-18008	Uniforms	749		765		782	799	817	
5-18010	Annual PTO	755		772		789	806	824	
5-18011	Cell Stipend	245		250		256	262	268	
	Total IRR Personnel:	62,328		63,861		65,433	67,044	68,695	
	IRR Operating								
5-33001	Other Contractual Services	34,494		35,184		35,888	36,606	37,338	
5-33002	Operations & Maintenance Services	34,507		35,197		35,901	36,619	37,351	
5-33003	Laboratory Services	591		603		615	627	640	
5-33004	Operating Supplies	8,268		8,433		8,602	8,774	8,949	
5-33005	Electricity Services	141,169		142,750		149,888	157,382	165,251	
5-33008	Maintenance - Irrigation	24,566		25,131		25,709	26,300	26,905	
5-33010	Chemicals	20,469		21,492		22,567	23,695	24,880	
	Total IRR Operating:	264,064		268,790		279,170	290,003	301,314	
	Capital Outlay IRR								
5-33101	Equipment	12,000		-		-	30,000	-	
5-33102	Building	-		-		-	-	-	
5-33103	Other	-		-		-	-	-	
	Total IRR Capital Outlay:	12,000		-		-	30,000	-	
									
	TOTAL IRRIGATION DIVISION	338,392		332,651		344,603	387,047	370,009	
									
	SHOP & MAINTENANCE OPERATIONS DIVISION								
	Personnel								
5-40001	Regular Salaries	98,000		100,450		102,961	105,535	108,173	
5-40002	Overtime	7,292		7,474		7,661	7,853	8,049	
5-40003	FICA	8,208		8,413		8,623	8,838	9,058	
5-40004	Retirement Contributions	9,476		9,713		9,956	10,205	10,460	
5-40013	Uniforms	1,145		1,170		1,196	1,222	1,249	
5-40015	Training, Cont. Educ., and Licensing	2,006		2,006		2,006	2,006	2,006	
5-40016	Annual PTO	1,518		1,551		1,585	1,620	1,656	
5-40017	Cell Stipend	485		496		507	518	529	
	Total Shop & Maintenance Personnel:	128,130		131,273		134,495	137,797	141,180	
	Shop & Maintenance Operating								
5-41001	Operations & Maintenance Svc	5,744		5,859		5,976	6,096	6,218	
5-41002	Disposal Fees	1,608		1,640		1,673	1,706	1,740	
5-41003	Operating Supplies	4,260		4,358		4,458	4,561	4,666	

	Budget
FY 2019			
5-41006	Machinery & Equipment	9,026		9,477	9,951	10,449	10,971	
	Total Shop & Maintenance Operating:	20,638		 	 	
21,334	22,058	22,812	23,595	
	Capital Outlay Shop & Maintenance			 	 		
5-41101	Equipment	34,500		-	-	-	-	
5-41102	Building	-		-	-	-	-	
5-41103	Other	-		-	-	-	-	
	Total Shop & Maintenance Capital Outlay:	34,500		-	-	-	-	
					
	TOTAL SHOP & MAINTENANCE OPERATIONS DIVISION	183,268		152,607	156,553	160,609	164,775	

-

Forecast	
FY 2020	FY 2021	FY 2022	FY 2023	

Total Operating Expenses

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	

-	

-		

-		

-		

-	
5-27013	Principal 2014 Bond Issue Refi of 2004	170,000	180,000		190,000		190,000		200,000	
5-27012	Interest 2014 Bond Issue Refi of 2004	464,747	457,658		450,152		442,229		434,306	
5-27008	Principal 2011 Bond Issue	1,105,000	1,135,000		1,165,000		1,200,000		1,235,000	
5-27007	Interest 2011 Bond issue	590,450	552,216		512,946		472,636		431,116	
5-27010	Principal 2013 Bond Issue	255,000	260,000		265,000		275,000		280,000	
5-27009	Interest 2013 Bond issue	123,458	115,935		108,265		100,448		92,335	
	TOTAL DEBT SERVICE:	2,708,655	2,700,809		2,691,363		2,680,313		2,672,757	
	
RATE STABILIZATION									
	Transfer Out to Rate Stabilization Fund	 	-	 	-		 	-		 	-		 	-	
	TOTAL RATE STABILIZATION SERVICE:	-	-		-		-		-	
	CAPITAL IMPROVEMENT & TRANSFERS									
	Capital Improvement Program - WWTP Expansion	-	-		-		-		-	
5-28127	Required R&R Transfer to Capital (5%)	465,989	465,317		464,317		470,704		480,647	
	Additional R&R Transfer for CIP's	775,000	175,000		175,000		175,000		175,000	
	Cash Carry Forward for R&R CIP	-	-		-		-		-	
	TOTAL CI & TRANSFERS EXPENSES:	1,240,989	640,317		639,317		645,704		655,647	
										
	Total Expenses	$ 10,896,246	$	9,090,876		$	9,230,765		$	9,482,590		$	9,645,074	
										
	Total Revenues	$ 9,135,132	$	9,180,634		$	9,370,851		$	9,560,455		$	9,761,760	
	
Surplus/(Deficit) Before Transfer from
(to) Operating Reserve	

 	(1,761,114)	

89,758		

140,086		

77,865		

116,686	
							-		-	
	Available Operating Cash Balance (Ending)	$ 4,481,574	$	4,571,332		$	4,711,418		$	4,789,283		$	4,905,969	
	
*Coverage Provided (Required > 1.10)	
1.34	
1.29		
1.31		
1.31		
1.31	
	**Coverage w/R&R deducted (Required > 1.00)	1.14	1.10		1.12		1.12		1.11	
	Index Rate Increase (included in revenues)	 	0.00%	 	0.00%		 	2.00%		 	2.00%		 	2.00%	
	Total Effective Rate Increase	0.00%	0.00%		2.00%		2.00%		2.00%	

REVENUE SOURCES

St Lucie West Services District receives approximately 73.23% of their operating Revenues from the sale of water and wastewater service. Another 19.68% of the operating revenue is received from irrigation services. The FY 2019 Budget assumes no rate increase to all utility rates.

Billed Wastewater Revenues $3,578,988.00 39.18%

Billed Irrigation Revenue
$1,797,512.00 19.68%

Billed Water Revenues
$3,110,742.00  34.05%

Wholesale Water & Wastewater $563,485.00 6.17%

Other Operating Revenue
$81,921.00 0.90%

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.

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.

Irrigation Revenue
Revenue billed for the irrigation services. The irrigation revenue budget assumes a minor increase in total customers and no rate increase.

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 2019 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 2019 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.

Backflow Prevention Program – Operating Revenues
This revenue is for water backflow prevention testing performed by contractors who have been preapproved for this program.

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.

Board Meeting Expenses
This includes expenses directly relating to board meetings.

District Manager

Management Contract
Charges directly relating to the District Manager’s service contract. The charge for FY 2019 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%.

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 2019 budget assumes a 2.1% 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 2019. 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.

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 2019 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
Includes Administration Division 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. We are proposing one new full-time Utilities Director position for this FY which will be filled in May 2019. This year we are proposing to give a 2.1% increase to all employees based on the Bureau of Labor Statics CPI. 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. The proposed increase is 6.69% for FY 2019.

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.

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.

Training & Education Expenses
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.

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

Annual PTO
The District provides personal leave and allows a maximum cash-out each year, this code covers the maximum exposure for each FY.

Cell Phone Stipend
The District provides optional cell phone stipend to all employees, this code covers the maximum exposure for each FY.

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, pest control, Utility Billing Program, Credit Card Program for billing, Bill mail-out services, Vehicle GPS monitoring, Trash contract, and janitorial contracts.

Website Maintenance
This description is for website maintenance and hosting for the budget year 2019.

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 and SLWSD General Fund 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.

Administrative 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.

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 1.5% 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. A new Utility Director vehicle 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 Construction of the new administration office moved to this fiscal year.

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; Uniforms; Training & Education Expenses; Annual PTO and Cell Stipend The above categories are the same as described in the Administration Budget except for one new operators position amended for this FY to assist in shift coverage.

Water Treatment Plant Division - Operating

Other Contractual Services; Operating Supplies; Electricity Services;
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 and low flow shower heads. This program is designed to encourage water conservation.

Backflow Prevention Program
This line is for water backflow prevention testing performed by contractors who have been preapproved for this program and will assist in 100% compliance to the rule.

Water Treatment Plant Division – Capital Outlay

Equipment; Building; Other
The above categories are the same as described in the Administration Budget. $24,000 planned for the replacement of a fork lift which will be split between all departments and the replacement of a truck for $28,000. No other expenditures planned for this fiscal year.

WASTEWATER TREATMENT PLANT DIVISION
Wastewater Treatment Plant Division - Personnel

Regular Salaries; Overtime; FICA; Retirement Contributions; Uniforms; Training & Education Expenses; Annual PTO and Cell Stipend
The above categories are the same as described in the Administration Budget

Wastewater Treatment Plant Division - Operating

Other Contractual Services; Operating Supplies; Electricity Services; 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.

Wastewater Treatment Plant Division – Capital Outlay

Equipment; Building; Other
The above categories are the same as described in the Administration Budget. $24,000 planned for the replacement of a fork lift which will be split between all departments. No other expenditures planned for this fiscal year.

UNDERGROUND UTILITIES DIVISION
Underground Utilities Division - Personnel

Regular Salaries; Overtime; FICA; Retirement Contributions; Uniforms; Training & Education Expenses; Annual PTO and Cell Stipend
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; 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. $24,000 planned for the replacement of a fork lift which will be split between all departments proposed a Truck, equipment replacement, and minor Capital Outlay equipment planned for this fiscal year. The UGU Division is also planning on building a lunchroom/conference room in the garage area which will be split with the GF Fund for $40,000 per Fund.

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; Uniforms; Training & Education Expenses; Annual PTO and Cell Stipend
The above categories are the same as described in the Administration Budget

Irrigation Division - Operating

Other Contractual Services; Operating Supplies; Electricity Services; Vehicle Maintenance; 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. $12,000 planned for the replacement of a fork lift which will be split between all departments. No other expenditures planned for this fiscal year.

SHOP & MAINTENANCE DIVISION
Shop & Maintenance Division - Personnel

Regular Salaries; Overtime; FICA; Retirement Contributions; Uniforms; Training & Education Expenses; Annual PTO and Cell Stipend
The above categories are the same as described in the Administration Budget

Shop & Maintenance Division - Operating

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

Water & Sewer Shop & Maintenance – Capital Outlay

Equipment; Building; Other
The above categories are the same as described in the Administration Budget. Proposed replacement of 2010 F-350 truck for $55,000 which is split with the UT Fund and replace a tire machine for $7,000.

The Total Operating Expenses are projected to be $6,906,602 for FY 2019.

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. The increase is due to a condition of the bond that if the corporate tax decreased it would trigger an automatic increase to the bond interest rate which is still lower than when the bonds were refinanced.

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. The increase is due to a condition of the bond that if the corporate tax decreased it would trigger an automatic increase to the bond interest rate which is still lower than when the bonds were refinanced.

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.

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. The increase is due to a condition of the bond that if the corporate tax decreased it would trigger an automatic increase to the bond interest rate which is still lower than when the bonds were refinanced.

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 2019 FY.

Renewal & Replacement Transfer to Capital
This allocation captures the 5% minimum funding requirement to the Renewal & Replacement fund which is $465,989 for 2019FY and an additional $775,000 to fund the proposed capital expenditure items for future projects.

ST LUCIE WEST SERVICES DISTRICT CAPITAL FUNDING REVENUE AND EXPENDITURES

FY 2019 BUDGET

R&R	WCF	WWCF

Estimated Beginning Fund Balance

ADD REVENUES:	810,964	1,277,562	262,128	
Interest Revenues	-	70	262	
Impact Fee Revenues	-	3,832	2,876	
5% Required Transfer per Bond	465,989	-	-	
Additional Funding	775,000	-	-	
Cash Carry Forward for R&R CIP	-	-	-
 	-	 	-	 	-		
TOTAL REVENUES AVAILABLE	2,051,953	1,281,464	265,266	
DEDUCT EXPENDITURES:
Capital Improvement Projects	
1,721,494	1,200,000	-	
Transfer Out to WW Connection Fee Funds
Transfers Out to Pay Debt Service	
 	-	 	-	 	-		
TOTAL EXPENDITURES	1,721,494	1,200,000	-	
FUND BALANCE, SEPTEMBER 30	  $	330,459	$	81,464	$	265,266	

FY 2019 BUDGET

Actual FY
 	2017		 	FY 2018	 	FY 2019	 	FY 2020	 	FY 2021	 	FY 2022		 	FY 2023	

Estimated Beginning Fund Balance	1,308,832	1,652,685	810,964	330,459	312,163	472,738	428,811

ADD REVENUES:
5-36001	Interest Revenues	-	-	-	-	-	-	-
5-36007	5% Required Transfer per Bond	454,000	478,786	465,989	465,317	464,317	470,704	480,647	
Additional Funding	800,000	1,300,000	775,000	175,000	175,000	175,000	175,000	
Cash Carry Forward for R&R CIP	-	-	-	-	-	-

SW049	5-37004	Protective Coating Manholes	-	26,373	26,900	27,438	27,987	28,547	29,118	
SW064	5-37006	Replacement Meters	399,300	418,379	396,653	20,000	5,000	5,100	5,202	
SW001	5-37007	Lift Station Renewal & Replacement	41,029	139,000	140,390	141,794	143,212	144,644	146,090	
SW037	5-37009	Emergency Renewal & Replacement Projects	69,178	140,026	191,926	193,845	203,537	213,714	224,400	
SW047	5-37013	Structural Repairs Sewer Manholes	28,343	14,455	30,487	31,097	31,719	32,353	33,000	
SW050	5-37014	WTP Grounding System Improvements	-	-	50,000	-	-	-	-	
SW061	5-37017	Membrane Filter Replacement Program	-	-	-	-	-	200,000	208,000	
SW069	5-37018	Reuse Irrigation Pump Station Improvements	100,560	1,652,000	500,000	-	-	-	-	
SW066	5-37020	WWTF Plant Painting & Sealing of Tanks	-	-	-	-	-	-	-	
SW073	5-37027	Replacement Backflow Preventers	18,773	14,524	20,550	12,372	12,867	13,382	13,917	
SW078	5-37028	WTP Painting and Tank sealing								
SW081	5-37029	WTP Calcite Tank Project	-	-	145,000	
SW083	5-37030	WWTF Odor Control Improvements	-	-	-	-	-	-	-	
SW084	5-37031	Potable Water Flushing Devices	3,017	4,000	15,000	5,000	-	-	-	
SW085	5-37032	Emergency (Association Irrigation) R & R Project	11,128	31,750	49,588	47,067	49,420	51,891	54,486	
SW087	5-37034	Irrigation SCADA Conversion			30,000					
SW088	5-37035	High Service Pump Station Control Upgrade	60,278	20,000						
SW089	5-37036	Reuse Pond Liner Protection (Concrete Border)	80,181							
SW090	5-37037	Clarifier Weir covers	98,360							
SW091	5-37038	Irrigation Automatic Flushing Devices	-	-	5,000	5000	5000			
SW092	5-37039	Repaving Utility site	-	-	-	175,000				
SW093	5-37040	Irrigation stormwater transfer line	-	160,000	-					
SW094	5-37041	Radio telemetry system upgrade	-	-	120,000					
		TOTAL EXPENDITURES	910,147	2,620,507	1,721,494	658,613	478,742	689,631	714,213	

TOTAL REVENUES AND FUNDS AVAILABLE	2,562,832	3,431,471	2,051,953	970,776	951,480	1,118,442	1,084,458 DEDUCT EXPENDITURES:

FUND BALANCE, SEPTEMBER 30	1,652,685	810,964	330,459	312,163	472,738	428,811	370,245

ADD REVENUES:

FY 2019 BUDGET

	Actual		
	FY 2017		FY 2018		FY 2019		FY 2020		FY 2021		FY 2022		FY 2023	

Estimated Beginning Fund Balance	

1,193,184		

1,213,014		

1,277,562		

81,464		

85,366		

89,268		

93,170	

5-36004	Interest Revenues	1,690	1,944	70	70	70	70	70	
5-36005	Impact Fee Revenues	19,598	62,604	3,832	3,832	3,832	3,832	3,832	
	-	-	-	-	-	-	-	
Additional Funding Required	 	-		 	-		 	-		 	-		 	-		 	-		 	-		

SW071	5-38010	WTP RO Modifications	-	-	-	-	-	-	-	
SW072	5-38011	High Service Pump/Hydro-tank Expansion	-	-	-	-	-	-	
SW076		Clearwell/Transfer Pump Expansion	-	800,000	-	
SW077	5-38012	Main Water Line Extension	1,459	-	400,000	
SW080	5-38013	WTP Concentrate Tank Expansion	-	-	

TOTAL REVENUES AND FUNDS AVAILABLE	1,214,473	1,277,562	1,281,464	85,366	89,268	93,170	97,072 DEDUCT EXPENDITURES:

2000 and 2004 Bond Refunding Payment	 	 	-	 	-		 	-		 	-	 	-		 	-	

TOTAL EXPENDITURES	1,459	-	1,200,000	-	-	-	-

TRANSFERS:

Transfers Out to Pay Debt Service	 	-	 		-	 			-		 		-		 	-	 	-		 	-	 TOTAL TRANSFERS OUT		-			-				-				-			-		-			- FUND BALANCE, SEPTEMBER 30	1,213,014		1,277,562		 	81,464		 	85,366		89,268 93,170 97,072

FY 2019 BUDGET

Actual
    FY 2017         FY 2018	FY 2019	 	FY 2020	 	FY 2021		 	FY 2022	 	FY 2023	

Estimated Beginning Fund Balance	231,676	247,184	262,128	265,266	268,407	271,551	274,699

ADD REVENUES:
5-36002	Interest Revenues	332	381	262	265	268	272	275	
5-36006	Impact Fee Revenues	15,176	14,563	2,876	2,876	2,876	2,876	2,876	
Unrestricted Utility Fund balance	-	-	-	-	-	
2013 Construction Bond Proceeds	 	 		 	-	 	-	 	-		 	-	 	-	

SW022	5-39002	Scada Implementation WWTF	-	-	-	-	-	-	-	
SW062	5-39011	WWTP Expansion	-	-	-	-	-	-	
SW067	5-39010	WWTF Reuse Filter Project	-	-	-	-	-	-	-
-	-	-	-	-	-	-	
		
TOTAL EXPENDITURES	
-	-	-	-	-	-	-	

TOTAL REVENUES AND FUNDS AVAILABLE	247,184	262,128	265,266	268,407	271,551	274,699	277,850 DEDUCT EXPENDITURES:

FUND BALANCE, SEPTEMBER 30	247,184	262,128	265,266	268,407	271,551	274,699	277,850

St Lucie West Services District
Debt Service Fund - Water Management Benefit Series 2013 Bonds & Series 2014 Land Acquisition Bond Five Year Operating Forecast

2,000
2,064,907
-	2,000
2,064,907
-	
$ 2,066,907	$ 2,066,907	

 	SERIES 2013 BOND	

Actual		
Actual		
Estimate EOY		
Final Budget		
Budget				
Forecast		
FY 2017		FY 2018		FY 2018		FY 2018		FY 2019		FY 2020	FY 2021	FY 2022	FY 2023	
	
OPERATING REVENUE										
2-04001	Interest	$	1,871	$	2,153	600	$	10,000			2,000	2,000	2,000	
2-04002	Special Assessments	$ 1,867,205	$ 1,801,464	1,992,542	$ 1,992,542			2,064,907	2,064,907	2,064,907	
2-04005	Miscellaneous Revenue (Prepayments)	 		 		 	-	 				 	-	 	-	 	-	
	Total Revenues	  $ 1,869,076	  $ 1,803,617	  $ 1,993,142	  $ 2,002,542			   $ 2,066,907	   $ 2,066,907	  $ 2,066,907	
					$	193						
	OPERATING EXPENSES										
	Debt Service										
2-05001	Assessment Fees	40,058	44,553	40,100	40,100	40,100	40,100	40,100	40,100	40,100	
2-05002	Banking Services	10,434	5,919	6,000	6,000	6,000	6,000	6,000	6,000	6,000	
2-05014	Principal 2013	1,485,000	1,525,000	1,525,000	1,525,000	1,560,000	1,600,000	1,640,000	1,680,000	1,720,000	
2-05015	Interest 2013	360,632	347,688	305,793	360,471	326,403	279,477	231,363	182,061	131,571	
2-05011	Misc			10,000	10,000	10,000	10,000	10,000	10,000	10,000	
2-05860	COI			-		-	-	-	-	-	
2-05870 Land Purchase	 	       	    	    	    	    	
Total Expenses	 	1,896,124              1,923,160	1,886,893   -	1,941,571           1,942,503	1,935,577 	1,927,463 	1,918,161 	1,907,671
1,845,632	1,830,793	1,885,471	1,886,403	1,879,477	1,871,363	1,862,061	1,851,571

Surplus/(Deficit) Before Transfer from
(to) Operating Reserve	(27,048)	(119,543)	106,249   -	60,971

124,404

131,330	139,444	148,746	159,236

TRANSFER FROM (TO) OPERATING RESERVE

Surplus/(Deficit)

   $	(27,048)	$     (119,543)	$	106,249	$	60,971

$ 124,404 $

131,330 $

139,444 $

148,746 $

159,236

*Coverage Provided (Required > 1.10)	1.01	1.09	1.06	1.10	1.10	1.10	1.11	1.12
*Net Revenue / Bond Payment Requirements

-
388,223

-	- 388,499

-	
$ 388,223	$	388,499	

 	SERIES 2014 BOND	

	Actual		
Actual		
Estimate EOY		
Final Budget		
Budget				
Forecast		
	FY 2017		FY 2018		FY 2018		FY 2018		FY 2019		FY 2020	FY 2021	FY 2022	FY 2023	

OPERATING REVENUE															
Interest	-		-		-		-					-	-	-	
2-04007 Stormwater Revenue	389,367
-
 	-		200,000

 			391,417

 	-		391,417
-
 	- 					391,138

 	-	392,017

 	-	392,663

 	-	
Total Revenues	  $	389,367		  $ 200,000		  $	391,417		  $	391,417					   $	391,138	   $	392,017	  $	392,663	

OPERATING EXPENSES
Debt Service															
Assessment Fees	-	-	-	-	-	-	-	-	-	
Banking Services	-	-	-	-	-	-	-	-	-	
2-05016 Principal 2014	255,000	135,000	265,000	265,000	270,000	280,000	290,000	300,000	310,000	
2-05017 Interest 2014	134,456	64,772	126,417	126,417	118,223	108,499	101,138	92,017	82,663	
Misc	-		-	-	-	-	-	-	-	
COI	-		-		-	-	-	-	-	

Total Expenses	 	389,456 	199,772	391,417	391,417 	388,223	388,499 	391,138 	392,017 	392,663

Surplus/(Deficit) Before Transfer from

-

(to) Operating Reserve	(89)	228	-	-

-	-	-	-

TRANSFER FROM (TO) OPERATING RESERVE

Surplus/(Deficit)

   $	(89)	$	228	$	-	$	-      $	-	$	-	$

-      $	-       $	-