St. Lucie West Services District

PROPOSED BUDGET FOR FISCAL YEAR ENDED
SEPTEMBER 30,	2020

June 3, 2019

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 2020 Proposed Annual Budget and FY 2020-2024 Capital Improvement Plan

Dear Honorable Chairman and Supervisors:

I am pleased to present the annual budget for FY 2020 and the FY 2020-2024 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 2019 and some of the major projects that were completed were:

Several lift stations will be rehabilitated with fencing, driveways and electrical panels replacement proposed for FY 2019. The lift station restoration project effort will be continued throughout the next several years to ensure that all lift stations are upgraded.
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 late FY2019.
SCADA Radio telemetry upgrade planned for FY 2019
PLC upgrade planned for FY 2019
The Lake Charles Irrigation pump station improvements moved to FY2020.
If the Calcite tank project moved to FY2020
The Clear-well and transfer pump moved to FY2020
The meter replacement project planned to be completed in FY2020

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

Unreserved Fund Balance as a % of Total
Expenditures

90%

80%

70%

60%

50%

40%

30%

20%

10%

0%

FY 2018

FY 2019

FY 2020

FY 2021

FY 2022

FY 2023

FY 2024

Fiscal Year 2020 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 2020 FY. The Proposed Budget also includes no increase in Maintenance Assessments for the 2020FY and for 2021 FY.

The budget for FY 2020 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 2018	FY 2019

                        Total Revenues

FY 2020

                         Total Expenses

FY 2021

FY 2022

FY 2023

FY 2024

Available Operating Cash Balance (Ending)

	

	

	

$12,000,000

Utility Fund

$10,000,000

$8,000,000

$6,000,000

$4,000,000

$2,000,000

$‐

FY 2018

FY 2019

Total Revenues

FY 2020
Total Expenses

FY 2021
Total Operating Expenses

FY 2022

FY 2023

FY 2024

          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.

Unreserved Utility Fund Balance as a % of Total Expenditures	
80%		

70%		

60%		

50%		

40%		

30%		

20%		

10%		
		
0%	FY 2018	FY 2019	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	

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 2020-2024 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
$1,834,013). 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 $130,000 for FY 2020. The General Fund Renewal and Replacement Fund reflects $165,245 in Stormwater improvement projects with a fund balance over $320,000.

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 2020 budget for your review and consideration.

Sincerely,

Dennis M. Pickle
Dennis M. Pickle District Manager

ST. LUCIE WEST SERVICES DISTRICT
FY 2019/2020 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.	45
Water & Sewer Fund Capital Funding Revenue & Expenditures.	55
Water & Sewer Fund Renewal & Replacement Fund…	56
Water & Sewer Fund Water Connection Fee Fund…	57
Water & Sewer Fund Wastewater Connection Fee Fund.	58
Other Funds
Debt Service Fund – Water Management Benefit Series 2013 & 2014 Five-
Year Operating Forecast…	59

BUDGET SUMMARY
St. Lucie West Services District - Fiscal Year 2020

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	$	390,091		$	390,091	
Other General Fund Revenues	40,669		$	40,669	
Utility Rate Revenues		$	8,525,346	$	8,525,346	
Other Utility Fund Revenues		$	653,288	$	653,288	

General Fund R&R
Storm Water Drainage Fees From City - To R&R Utility Fund R&R

$	-
$	9,909
$	-

Water Connection Fee Fund					$	3,902	$	3,902	
Wastewater Connection Fee Fund					$	3,176	$	3,176	
TOTAL SOURCES	$ 3,323,789	$ 2,066,907	$	9,909	$	9,178,634	$	7,078	$	14,586,317	
Transfer In From General Fund		390,091	$	93,546			$	483,637	
Transfer In for Utility Fund R&R			$	1,115,317			$	1,115,317	
TOTAL REVENUES & TRANSFERS IN	$ 3,323,789	$ 2,456,998	$	1,218,772	$	9,178,634	$	7,078	$	16,185,271	
							
EXPENDITURES							
General Fund	$ 3,307,305					$	3,307,305	
General Fund Personnel	$ 2,098,732						
General Fund Operating	$	944,373						
General Fund Capital Outlay	$	264,200						
General Fund R&R			$	165,245			$	165,245	
Utility Operating Fund				$	6,393,049		$	6,393,049	
Utility Fund Personnel				$	2,803,942			
Utility Fund Operating				$	3,092,057			
Utiity Fund Capital Outlay				$	497,050			
Debt Service		$ 2,325,668		$	2,605,326		$	4,930,994	
Utility Fund R&R			$	1,834,013			$	1,834,013	
Water Connection Fee Fund					$	1,200,000	$	1,200,000	
Wastewater Connection Fee Fund					$	300,000	$	300,000	
TOTAL EXPENDITURES	$ 3,307,305	$ 2,325,668	$	1,999,258	$	8,998,375	$	1,500,000	$	18,130,606	
Transfer Out to General Fund R&R	$	93,546					$	93,546	
Transfer Out to 2014 Bond	$	390,091					$	390,091	
Transfer Out to Utility Fund R&R				$	1,115,317		$	1,115,317	
TOTAL EXPENDITURES AND TRANSFERS OUT	$ 3,790,942	$ 2,325,668	$	1,999,258	$	10,113,692	$	1,500,000	$	19,729,560	
Fund Balance/Reserves	$ 2,541,008	$	383,079	$	1,238,546	$	4,720,936	$	1,584,131	$	10,467,700	

NET ENDING BALANCE	
$ 2,073,855	
$	514,409	
$	458,060	
$	3,785,878	
$	91,209	
$	6,923,411	

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 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 9 acres from the Trails Golf Course for stormwater improvements and the new administration office. We are budgeting for a deficit in FY 2020 due in part to Capital Outlay purchase and transfer to R&R Fund for stormwater repairs. The General Fund for both FY 2019 and 2020 will have a fund balance exceeding $2,000,000. 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 1.6% for FY 2020 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 10% 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 1.0% for FY 2020 as well.

Rate Adjustment – The Special Assessment rate of $106.00 per ERU proposed within this year’s budget for FY 2020 which reflects no increase over the FY 2019 Budget.

The ERU numbers are expected to remain the same in FY 2020. We expect revenues in most categories to remain the same per year for each of the next five years. Fiscal years 2020 and 2021 reflect no increase but 2022 and 2023 reflect a $6.00 per ERU increase in assessments and FY2024 reflects a $20.00 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 2020 are as follows: The Aquatics Division is requesting the replacement of a 2012 Harvester at $134,200; The Administration Division has no recommended purchase for 2020; The Exotic Plant Removal Division has $10,000 for the replacement of a Kawasaki Mule. The Stormwater Division is budgeting $12,000 for the replacement of an Exmark Mower, $10,000 for the replacement of a Kawasaki Mule, $41,000 for the replacement of the Video Ray unit, and $45,000 for a new dump truck which will be split with the Utility Underground Division. The Shop Division is requesting
$12,000 for a heavy equipment trailer. The General Fund Renewal and Replacement Fund Project is for emergency storm water projects in the amount of $165,245. The total for the list of capital R&R items is $165,245 in the General Fund for FY 2020 and will leave a fund balance of over $320,000.

Project Maintenance Fees 1.22%
Interest 0.00%

Permit Fees 0.00%

Miscellaneous Fees 0.00%

City for Stormwater Bond Payment 12.00%

Special Assessments 32.12%

Storm Water Drainage Fees 54.66%

TOTAL REVENUES	$ 3,333,698

PERCENT
     TOTALS 	REVENUES	

Storm Water Drainage Fees	1,822,112	54.66%	
Special Assessments	1,070,917	32.12%	
City for Stormwater Bond Payment	400,000	12.00%	
Interest	100	0.00%	
Project Maintenance Fees	40,569	1.22%	
Permit Fees	-	0.00%	
Miscellaneous Fees	 	-		 	0.00%	
TOTAL OPERATIONAL REVENUE	$ 3,333,698	100.00%	

GENERAL FUND PRIOR YEARS BALANCE	
$ 2,541,008		

2%

0%

Aquatics Division

3%
1%

0%

0%

1%

0%

10%

18%

4%  	

3%

Stormwater Maintenance Division Administration Division
Exotic Plant Removal Division Finance
Capital Improvement Projects R&R Fund

10%

19%

29%

Legal Services Shop Operations
Engineering Services District Manager Board of Supervisors Clerk to the Board Pollution Control
Debt Service 2014 Bond
Grant Management

TOTAL EXPENDITURES	$ 3,800,851

PERCENT
CAPITAL
PERSONNEL  OPERATING  OUTLAY      TOTALS	EXPENDITURES

Aquatics Division	368,885	188,808	134,200	691,893	18.20%	
Stormwater Maintenance Division	460,702	150,418	108,000	719,120	18.92%	
Administration Division	900,656	204,662	-	1,105,318	29.08%	
Exotic Plant Removal Division	248,271	125,295	10,000	383,566	10.09%	
Finance		141,295		141,295	3.72%	
Capital Improvement Projects R&R Fund				103,455	2.72%	
Legal Services		39,592		39,592	1.04%	
Shop Operations	63,728	26,782	12,000	102,510	2.70%	
Engineering Services		40,702		40,702	1.07%	
District Manager	43,572	10,403		53,975	1.42%	
Board of Supervisors	12,918	2,555		15,473	0.41%	
Clerk to the Board		12,653		12,653	0.33%	
Pollution Control		-		-	0.00%	
Debt Service 2014 Bond				390,091	10.26%	
Grant Management	 	1,208	1,208	 	0.03%	
TOTAL EXPENDITURES	$ 2,098,732 $ 944,373 $ 264,200 $ 3,800,851	99.99%	

St. Lucie West Services District General Fund Budget Summary

ADD REVENUES:	 	FY 2018	
 	ACTUAL		 	FY 2019	 ORIGINAL BUDGET	 	FY 2019	
 	ESTIMATE		 	FY 2020	
     PROPOSED		
Special Assessments	1,071,915	1,070,917	1,070,917	1,070,917	
Stormwater Drainage Fees	1,822,113	1,822,112	1,822,112	1,822,112	
City Stormwater Drainage Fee for Bond	400,000	400,000	400,000	400,000	
Other Revenues	 	1,152,985	 	41,073	 	73,567	 	40,669	
TOTAL OPERATING REVENUES	4,447,013	3,334,102	3,366,596	3,333,698	
FUND BALANCE, October 1	3,314,713	3,498,707	3,498,707	2,541,008	
TOTAL REVENUES AND FUNDS AVAILABL	7,761,726	6,832,809	6,865,303	5,874,706	

DEDUCT EXPENDITURES:
Board of Supervisors	

13,368	

15,418	

15,418	

15,473	
District Manager	24,123	36,178	32,678	53,975	
Finance	115,388	131,426	127,180	141,295	
Grant Management	-	1,182	1,182	1,208	
Clerk to the Board	11,846	12,381	12,381	12,653	
Legal Services	33,225	38,740	38,740	39,592	
Engineering Services	41,536	42,826	39,826	40,702	
Pollution Control	-	-	-	-	
Administration Division	830,559	1,714,992	1,744,942	1,105,318	
Aquatics Division	537,093	597,470	618,970	691,893	
Stormwater Maintenance Division	581,917	722,784	734,709	719,120	
Exotic Plant Removal Division	473,973	333,808	351,308	383,566	
Shop Operations	81,215	123,415	123,415	102,510	
Capital Improvement Projects R&R	1,127,359	95,323	95,323	103,455	
Capital Debt Service 2014 Bond	391,417	388,223	388,223	390,091	
TOTAL EXPENDITURES	4,263,019	4,254,166	4,324,295	3,800,851	
FUND BALANCE, SEPTEMBER 30	 	3,498,707	 	2,578,643	 	2,541,008	 	2,073,855	

-
-
- 1,822,112
40,569
100
1,070,917
-
-
-

390,091
9,909		
$	3,333,698		

12,000
918
2,555		
15,473		

8,528
1,050
43,572
825		
53,975		

		
Actual FY 2018		
Actual YTD FY 2019		
Estimate EOY FY 2019		
Orig. Budget FY 2019		Final Amended Budget
FY 2019		
Budget FY 2020	
	
General Fund Balance (Beginning)	
3,314,713		
3,498,707		
3,498,707		
3,498,707		
3,498,707		
2,541,008	
	OPERATING REVENUE												
1-04001	Permit Fees	-				-		-		-			
1-04002	Grant Revenue	5,867				-		-		-			
1-04003	Miscellaneous Fees	-				-		454		-			
1-04004	Storm Water Drainage Fees From City	1,822,113		1,607,086		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	119		81		162		50		100			
1-04007	Special Maintenance Assessments	1,071,915		975,081		1,070,917		1,070,917		1,070,917			
1-04008	Interfund Transfers	-				-		-		-			
1-04009	Miscellaneous Income	47,155		32,898		32,898		-		32,898			
1-04010	WMB Prepayment
Land Sale	-
1,059,276				-
-		-		-
-			
1-04012	Stormwater Drainage from City for Bond	391,645				-		388,223		388,223			
1-04014	  Stormwater Drainage from City for Lake Harvey R&R	8,355	 	200,000	 	200,000	 	11,777	 	11,777	
	Total Revenues	$	4,447,013	$	2,855,715	$	3,166,658	$	3,334,102	$	3,366,596	

1-05001	OPERATING EXPENSES
Board of Supervisors
Executive Salaries	

11,672	

5,500	

11,000	

12,000	

12,000	
1-05002	FICA	906	421	842	918	918	
1-05015	   Board Meeting Expenses	790	 	391	 	782	 	2,500	 	2,500	
	 	TOTAL BOARD OF SUPERVISORS	13,368	 	6,312	 	12,624	 	15,418	 	15,418	

1-06001	District Manager
Assessment Fees & Costs	
8,108	
8,000	
16,000	
8,344	
8,344	
1-06003	Operations & Maintenance Services	477	292	584	1,027	1,027	
1-06005	Management Contract	15,538		-	26,000	22,500	
1-06009	   Travel & Per Diem	-	 		 	-	 	807	 	807	
	 	TOTAL DISTRICT MANAGER	24,123	 	8,292	 	16,584	- 	36,178	 	32,678	
	Finance							
1-07001	Dissemination Agent			-	2,030	2,030	2,030	
1-07002	Arbitrage			-	1,818	1,818	1,858	
1-07004	Accounting Services	26,573	11,316	22,632	31,371	31,371	32,061	
1-07005	Auditing	11,570		-	12,775	12,775	13,056	
1-07007	Banking Services	137	159	318	679	679	694	
1-07009	Property & Casualty Insurance	53,300	52,142	52,142	54,443	54,443	67,532	
1-07018	  Property Taxes & Assessments	23,808	 	24,064	 	24,064	 	28,310	 	24,064	24,064	
	 	TOTAL FINANCE	115,388	 	87,681	 	99,156	 	131,426	 	127,180	 	141,295 	
	Grant Management					
	
1-12001	Contractual Services -GM	-	 		 	-	1,182	1,182	1,208		
	 	TOTAL GRANT MANAGEMENT	-	 	-	 	-   -	1,182	1,182	1,208		
	
Clerk to the Board								
1-13002	Other Contractual Services	8,702	3,077	6,154	8,652	8,652	8,842		
1-13004	Postage & Freight	775	347	694	846	846	865		
1-13005	Printing & Binding	1,190	733	1,466	1,369	1,369	1,399		
1-13007	   Legal Ads	1,179	 		 	-	 	1,514	 	1,514	1,547	
	 	TOTAL CLERK TO THE BOARD	11,846	 	4,157	 	8,314	 	12,381	 	12,381	12,653	

 	

Estimate EOY FY 2019

Orig. Budget FY 2019

Final Amended Budget
FY 2019

Budget FY 2020

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

18,568	35,598	35,598

36,381
3,211		
39,592		

 	840	 	3,142	 	3,142
 	19,408   - 	38,740	 	38,740

40,702		
40,702		

 	16,210	 	42,826	 	39,826
 	16,210   - 	42,826	 	39,826

-
-

 	-	 	-	 	-	
 	-   - 	-	 	-

253,276
600
19,366
21,848
324,538
21,598
- 1,700
454
7,200
-
-

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

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

320,952
1,440
29,131
32,937
471,216
22,007
3,030
1,762
3,342
7,200
6,417
1,222

ADMIN Operating

Total Administration Personnel:

 	650,580	761,113	761,113	900,656

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

58,124
3,300
3,430
12,240
1,026
2,326
3,419
1,792
- 3,186
25,206
5,794
1,250
- 10,348
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
-

76,255
6,860
3,873
13,920
1,086
4,510
3,419
3,750
20,400
3,909
34,858
6,884
3,199
5,000
13,756
1,000

77,780
6,997
3,950
14,198
1,108
5,100
3,487
3,825
20,400
3,987
36,601
7,022
3,263
2,500
14,444
-

 	132,441	174,729	202,679	204,662

- 612,500
147,420

- 612,500
166,650

- 612,500
168,650

-
-
-

Actual	
Actual YTD	
FY 2018	FY 2019	

31,883	
9,284	
l	1,342	 	420	
L	33,225	 	9,704	

s	41,536	
 	8,105	
G	41,536	 	8,105	

s	-	
 	-	
L	-	 	-	

238,051	
126,638	
1,013	300	
18,754	9,683	
18,872	10,924	
381,022	162,269	
16,254	16,198	
-		
1,000	1,509	
1,514	227	
6,943	3,600	
4,869		
 	-	 	-	
 	688,292	 	331,348	
42,717	29,062	
6,843	1,650	
4,048	1,715	
7,806	6,120	
591	513	
3,225	1,163	
654	2,566	
1,134	896	
1,183		
3,770	1,593	
34,629	12,603	
5,614	2,897	
2,538	625	
900		
12,509	5,174	
-	900	
128,162	67,477	

-		
875	4,000	
13,230	25,710	
14,105	29,710	

N	830,559		
	 	428,535	

Total Administration Capital Outlay:

 	TOTAL ADMINISTRATIO

 	759,920	779,150	781,150	-

 	1,542,941	 	1,714,992	 	1,744,942	1,105,318

Actual FY 2018
AQUATICS DIVISION
Personnel
Regular Salaries	243,699
Overtime	20,299
FICA	20,002
Retirement Contributions	19,678
Uniforms	2,881
Training, Cont. Educ., and Licensing	2,449
Annual PTO	752
Cell Stipend	 	174
Total Aquatics Personnel: 	309,934
Aquatics Operating
Operations & Maintenance Svc	11,093
Disposal Fees	1,201
Operating Supplies	9,880
Equipment Maintenance	11,507
Chemicals	106,400
Machinery & Equipment	 	2,269
Total Aquatics Operating: 	142,350
Capital Outlay Aquatics
Equipment	74,406
Building	10,403
Other	-	
Actual YTD	
	FY 2019	

133,035	
	6,927	
	10,369	
	10,431	
	1,797	
	411	
	 	90	
	 	163,060	
	5,216	
	640	
	3,318	
	4,772	
	26,300	
	 	2,742	
	 	42,988	
	55,575	
	-	
Total Aquatics Capital Outlay:	84,809	55,575	
			
TOTAL AQUATICS DIVISION	537,093	261,623	
STORM WATER MANAGEMENT DIVISION
Personnel
Regular Salaries	323,990
Overtime	18,351
FICA	26,443
Retirement Contributions	31,787
Uniforms	2,182
Training, Cont. Educ., and Licensing	1,289
Annual PTO	2,186
Cell Stipend	 	15
Total Storm Water Personnel: 	406,241 Storm Water Operating
Operations & Maintenance Svc	61,795
Laboratory Services	4,358
Disposal Fees	1,024
Operating Supplies	17,439
Storm Ditch Maint	207
Landscape Materials	34,425
Vehicle Maintenance	3,649
Equipment Maintenance	27,496
Chemicals	1,616 -
Electricity Services	 	3,054
Total Storm Water Operating: 	155,062 Capital Outlay Storm Water
Equipment	7,900
Building	12,714
Other - GIS Mapping	-	

176,811	
	4,298	
	13,463	
	16,234	
	1,670	
	238	
	-	
	 	90	
	 	212,804	
	25,075	
	1,306	
	524	
	6,687	
	19,241	
	3,435	
	2,237	
	500	
	 	1,243	
	 	60,248	
	76,747	
Total Storm Water Capital Outlay:	20,614	76,747	
			
TOTAL STORM WATER MANAGEMENT DIVISION	581,917	349,799	

	
Estimate EOY FY 2019		
Orig. Budget FY 2019		Final Amended Budget
FY 2019		
Budget FY 2020	
1-14001			266,070		275,004		275,004		284,404	
1-14002			13,854		19,669		19,669		20,161	
1-14003			20,738		22,943		22,943		23,708	
1-14004			20,862		26,521		26,521		27,411	
1-14008			3,920		3,920		3,920		3,998	
1-14010			822		3,787		3,787		3,863	
1-14011			-		4,531		4,531		4,622	
1-14012			180		704		704		718	
			 	326,446			357,079		357,079	368,885	
1-31001			10,432	12,272	11,272	11,497	
1-31003			1,280	4,113	4,113	4,195	
1-31005			6,636	6,360	8,360	8,527	
1-31009			9,544	13,772	13,772	14,047	
1-31011			52,600	136,350	136,350	143,168	
1-31012			 	5,484	 	5,524	 	7,524	7,374	
			 	85,976	 	178,391	 	181,391	 	188,808	
1-31101			62,000	62,000	62,000	134,200	
1-31102			-	-	18,500	-	
1-31103			-	-	-	-	
			 	62,000	

 	474,422	62,000	

 	597,470	80,500	
 	618,970		134,200
691,893	
1-16001	353,622	355,000	355,000	360,680	
1-16002	8,596	19,286	19,286	19,768	
1-16003	26,926	29,390	29,390	29,877	
1-16004	32,468	33,686	33,686	34,240	
1-16008	3,655	3,655	3,655	3,728	
1-16010	476	2,269	2,269	2,314	
1-16011	-	9,010	9,010	9,190	
1-16012	180	887	887	905	
	 	425,923		453,183		453,183	460,702
-	
1-34001	50,150	50,334	53,834	54,911	
1-34002	2,612	8,245	6,245	6,370	
1-34004	1,048	2,123	2,123	2,165	
1-34005	13,374	13,007	14,007	14,287	
1-34006	-	-	-	-	
1-34007	35,000	35,000	35,000	35,000	
1-34008	6,870	9,122	9,122	9,304	
1-34009	4,474	25,789	20,789	21,205	
1-34011	1,000	1,134	3,134	3,291	
1-34014	 	2,486	 	3,847	 	3,847	3,885	
	 	117,014	 	148,601	 	148,101	 	150,418	
1-34101			78,425	81,000	78,425	108,000	
1-34102			-	40,000	55,000	-	
1-34103			-	-	-	-	
			 	78,425	

 	621,362	121,000	

 	722,784	133,425	
 	734,709		108,000
719,120	

		
Actual		
Actual YTD		
Estimate EOY		
Orig. Budget		Final Amended
Budget		
Budget	
		FY 2018		FY 2019		FY 2019		FY 2019		FY 2019		FY 2020	
	
EXOTIC PLANT REMOVAL DIVISION							
	Personnel							
1-17001	Regular Salaries	152,897	82,743	165,486	166,277	166,277	199,637	
1-17002	Overtime	4,670	216	432	5,290	5,290	5,422	
1-17003	FICA	12,290	6,218	12,436	13,450	13,450	16,018	
1-17004	Retirement Contributions	14,642	7,426	14,852	15,441	15,441	18,455	
1-17008	Uniforms	2,306	1,191	2,382	3,123	3,123	3,185	
1-17010	Training, Cont. Educ., and Licensing	378	(227)	(454)	1,200	1,200	1,224	
1-17011	Annual PTO	1,139		-	3,786	3,786	3,862	
1-17012	Cell Stipend	 	-	 	-	-	459	459	468	

Total Exotic Plant Personnel: 	188,323	 	97,567 Exotic Plant Operating

 	195,134	209,026	209,026	248,271
-

Operations & Maintenance Svc	22,976
Disposal Fees	5,680
Operating Supplies	18,614
Vehicle Maintenance	6,216
Chemicals	4,053
Maintenance Contracts	 	57,497

Total Exotic Plant Operating: 	115,036 Capital Outlay Exotic Plant

8,964
2,560
7,312
1,450
3,464
 	43,123
 	66,873

17,928	25,182	25,182	25,686
5,120	7,115	7,115	7,257
14,624	18,190	18,190	18,554
2,900	9,084	7,084	7,226
6,928	6,211	7,211	7,572
 	59,000	 	59,000	 	59,000	59,000
 	106,500	 	124,782	 	123,782	 	125,295

Equipment Building Other

Total Exotic Plant Capital Outlay:

158,877
11,737
-
170,614

-
-

-
-
-
-

-
-
-
-

-     18,500
-
18,500

10,000
-
- 10,000

TOTAL EXOTIC PLANT REMOVAL DIVISION

473,973

164,440

 	301,634	 	333,808	 	351,308	383,566

1-35001
1-35003
1-35004
1-35006
1-35008
1-35010

1-35101
1-35102
1-35103

	SHOP OPERATIONS DIVISION		
	Personnel		
1-18001	Regular Salaries	38,202	20,609	41,218	45,852	45,852	46,586	
1-18002	Overtime	3,931	1,285	2,570	5,280	5,280	5,412	
1-18003	FICA	3,352	1,642	3,284	3,912	3,912	3,978	
1-18004	Retirement Contributions	2,650	1,511	3,022	4,602	4,602	4,680	
1-18013	Uniforms	363	191	382	590	590	602	
1-18015	Training, Cont. Educ., and Licensing	1,239	387	774	1,706	1,706	1,740	
1-18016	Annual PTO	462		-	471	471	480	
1-18017	Cell Stipend	 	-	 	-	-	245	245	250	
Total Shop Personnel: 	50,198	 	25,625	 	51,250	62,658	62,658	63,728
Shop Operating	-	
1-36001	Operations & Maintenance Svc	9,244	2,475	4,950	7,721	7,721	7,875	
1-36002	Disposal Fees	1,695	511	1,022	2,195	2,195	2,239	
1-36003	Operating Supplies	7,425	2,190	4,380	5,945	5,945	6,064	
1-36006	Machinery & Equipment	 	12,653	 	2,465	 	4,930	 	10,396	 	10,396	10,604	

Total Shop Operating: 	31,017	 	7,641

Capital Outlay Shop
Equipment Building Other

Total Shop Capital Outlay:

-
-
-
-

33,758
-
- 33,758

SHOP OPERATIONS DIVISION

81,215

67,024

 	15,282	 	26,257	 	26,257	 	26,782

1-36101
1-36102
1-36103

34,500	34,500	34,500

12,000
-
-

-	-	-
-	-	-
 	34,500	34,500	34,500	12,000

  
 	101,032	 	123,415	 	123,415	102,510

Total Operating Expenses	2,744,243	1,395,672	3,213,687	3,770,620	3,840,749	3,307,305

Actual FY 2018

Actual YTD FY 2019

Estimate EOY FY 2019

Orig. Budget FY 2019

Final Amended Budget
FY 2019

Budget FY 2020

NON-OPERATING INCOME AND EXPENSES
Other Expense

 	

DEBT SERVICE EXPENSES
1-04013	Principal 2014 Bond Issue - sent to Trustee	265,000	270,000	270,000	280,000
1-04013	Interest 2014 Bond issue - sent to Trustee	 	126,417	 	 	118,223	 	118,223	110,091
TOTAL DEBT SERVICE: 	391,417	 	-	 	-	 	388,223	 	388,223	 	390,091

CAPITAL IMPROVEMENT		
Capital Improvement Program R&R	54,044						53,546		53,546	53,546		
Add R&R Funding / Grant Revenue	5,732						30,000		30,000	40,000		
Add SWD funds from City for DS commitment	8,583						11,777		11,777	9,909		
Land Sale Transfer to R&R Funding	 	1,059,000		 			 			 	-			 	-		-		
TOTAL OTHER CAPITAL EXPENSES R&R FUND:	1,127,359		-		-		95,323		95,323	103,455		
												
Total Expenses	$	4,263,019		$	1,395,672		$	3,213,687		$	4,254,166		$	4,324,295	$	3,800,851		
												
Total Revenues	$	4,447,013		$	2,855,715		$	3,166,658		$	3,334,102		$	3,366,596	$	3,333,698		
												
Surplus/(Deficit)	183,994		1,460,043		(47,029)		(920,064)		(957,699)	(467,153)		

Available Operating Cash Balance (Ending)

   $	3,498,707	$	4,958,750	$	3,451,678	$	2,578,643	$	2,541,008	$

2,073,855

	Budget				Forecast		
	FY 2020		FY 2021		FY 2022	FY 2023		FY 2024	
	
General Fund Balance (Beginning)	
2,541,008		
2,073,855		
1,698,632	1,355,837		
904,687	
	OPERATING REVENUE								
1-04001	Permit Fees	-		-		-	-		-	
1-04002	Grant Revenue	-		-		-	-		-	
1-04003	Miscellaneous Fees	-		-		-	-		-	
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	100		110		121	133		146	
1-04007	Special Maintenance Assessments	1,070,917		1,070,917		1,135,117	1,199,317		1,413,317	
1-04008	Interfund Transfers	-		-		-	-		-	
1-04009	Miscellaneous Income	-		-		-	-		-	
1-04010	WMB Prepayment	-		-		-	-		-	
1-04012	Stormwater Drainage from City for Bond	390,091		391,138		392,017	392,663		388,270	
1-04014	Stormwater Drainage from City for Lake Harvey R&R	9,909		8,862		7,983	7,337		11,730	
	Total Revenues	$	3,333,698		$ 3,333,708		
$	3,397,919	$ 3,462,131		$	3,676,144	
	
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	2,555		2,611		2,668	2,727		2,787	
	TOTAL BOARD OF SUPERVISORS	15,473		15,529		15,586	15,645		15,705	
	
District Manager								
1-06001	Assessment Fees & Costs	8,528		8,716		8,908	9,104		9,304	
1-06003	Operations & Maintenance Services	1,050		1,073		1,097	1,121		1,146	
1-06005	Management Contract	43,572		44,531		45,511	46,512		47,535	
1-06009	Travel & Per Diem	825		843		862	881		900	
	TOTAL DISTRICT MANAGER	53,975		55,163		
 	56,378 	57,618		 	58,885	
	
Finance								
1-07001	Dissemination Agent	2,030		2,030		2,030	2,030		2,030	
1-07002	Arbitrage	1,858		1,899		1,941	1,984		2,028	
1-07004	Accounting Services	32,061		32,766		33,487	34,224		34,977	
1-07005	Auditing	13,056		13,343		13,637	13,937		14,244	
1-07007	Banking Services	694		709		725	741		757	
1-07009	Property & Casualty Insurance	67,532		57,883		59,041	72,222		62,666	
1-07018	Property Taxes & Assessments	24,064		24,064		 	24,064 	24,064		 	24,064	
	TOTAL FINANCE	141,295		132,694		 	134,925 	149,202		 	140,766	
	
Grant Management								
1-12001	Contractual Services -GM	1,208		1,235		1,262	1,290		1,318	
	TOTAL GRANT MANAGEMENT	1,208		1,235		1,262	1,290		1,318	
	
Clerk to the Board								
1-13002	Other Contractual Services	8,842		9,037		9,236	9,439		9,647	
1-13004	Postage & Freight	865		884		903	923		943	

Printing & Binding	1,399
Legal Ads	1,547	1,430
1,581	
TOTAL CLERK TO THE BOARD	12,653	12,932	

1-13005					1,461		1,493		1,526	
1-13007					1,616		1,652		1,688	
					13,216		13,507		13,804	
	
Legal Services									
1-19001	General Counsel	36,381	37,181		37,999		38,835		39,689	
1-23001	Special Counsel	3,211	3,282		3,354		3,428		3,503	
	TOTAL LEGAL COUNSEL	39,592	40,463		41,353		42,263		43,192	
	
Engineering Services									
1-26002	Engineering Services	40,702	41,597		42,512		43,447		44,403	
	TOTAL ENGINEERING	40,702	41,597		42,512		43,447		44,403	
	
Pollution Control									
1-29002	Regulatory & Permit Fees	-	-		-		-		-	
	TOTAL POLLUTION CONTROL	-	-		-		-		-	
	
ADMINISTRATION DIVISION									
	Personnel									
1-15001	Regular Salaries	320,952	328,976		337,200		345,630		354,271	
1-15002	Overtime	1,440	1,476		1,513		1,551		1,590	
1-15003	FICA	29,131	29,834		30,554		31,292		32,048	
1-15004	Retirement Contributions	32,937	33,748		34,580		35,432		36,306	
1-15005	Health/Life/Dental Insurance	471,216	504,201		539,495		577,260		617,668	
1-15006	Workers Comp	22,007	22,447		22,896		23,354		23,821	
1-15007	Unemployment Insurance	3,030	3,106		3,184		3,264		3,346	
1-15010	Uniforms	1,762	1,801		1,841		1,882		1,923	
1-15012	Training, Cont. Educ., and Licensing	3,342	3,416		3,491		3,568		3,646	
1-15014	Annual PTO	6,417	6,558		6,702		6,849		7,000	
1-15015	Cell Stipend	1,222	1,249		1,276		1,304		1,333	
Total Administration Personnel: 	900,656	944,012	989,932	1,038,586	1,090,152
ADMIN Operating	
1-33001	Other Contractual Services	77,780	79,336	80,923	82,541	84,192	
1-33002	Website Maintenance	6,997	7,137	7,280	7,426	7,575	
1-33004	Water - Irrigation	3,950	4,029	4,110	4,192	4,276	
1-33005	Telephone & Cell Service	14,198	14,482	14,772	15,067	15,368	
1-33006	Postage & Freight	1,108	1,130	1,153	1,176	1,200	
	Electricity Services	5,100	5,457	5,839	6,248	6,685	
1-33010	Equipment Leasing	3,487	3,557	3,628	3,701	3,775	
	Administration Maintenance	3,825	3,902	3,980	4,060	4,141	
1-33018	Contingencies - Hurricane	20,400	20,400	20,400	20,400	20,400	
1-33019	Office Supplies	3,987	4,067	4,148	4,231	4,316	
1-33020	Fuel & Lubricants - Vehicle	36,601	38,431	40,353	42,371	44,490	
1-33021	Operating Supplies and Expenses	7,022	7,162	7,305	7,451	7,600	
1-33022	Computer Software	3,263	3,328	3,395	3,463	3,532	
1-33023	Computer Hardware/ Supplies	2,500	2,500	-	-	-	
1-33024	Fuel & Lubricants - Equipment	14,444	15,166	15,924	16,720	17,556	
1-33025	Minor Construction Expenses	-	-	-	-	-	
	Total Administration Operating:	204,662	210,084	213,210	219,047	225,106	

15,000
-
-

-
-
-

-
-
-

-
-
-

-
-
-

Capital Outlay Administration
1-33101 Equipment
1-33102 Building
1-33103 Other
Total Administration Capital Outlay: 	-	15,000	-	-	-

 	TOTAL ADMINISTRATION	1,105,318	1,169,096 	1,203,142 	1,257,633 	1,315,258

	AQUATICS DIVISION
Personnel		
1-14001	Regular Salaries	284,404	291,514	298,802	306,272	313,929	
1-14002	Overtime	20,161	20,665	21,182	21,712	22,255	
1-14003	FICA	23,708	24,298	24,904	25,524	26,160	
1-14004	Retirement Contributions	27,411	28,096	28,799	29,519	30,257	
1-14008	Uniforms	3,998	4,078	4,160	4,243	4,328	
1-14011	Annual PTO	4,622	4,714	4,808	4,904	5,002	
1-14012	Cell Stipend	718	732	747	762	777	
Total Aquatics Personnel: 	368,885	378,037	387,421	397,035	406,889
Aquatics Operating	
1-31001	Operations & Maintenance Svc		11,497	11,727		11,962		12,201		12,445	
1-31003	Disposal Fees		4,195	4,279		4,365		4,452		4,541	
1-31005	Operating Supplies		8,527	8,698		8,872		9,049		9,230	
1-31009	Equipment Maintenance		14,047	14,328		14,615		14,907		15,205	
1-31011	Chemicals		143,168	150,326		157,842		165,734		174,021	
1-31012	Machinery & Equipment		7,374	7,221		7,065		6,906		6,744	
		Total Aquatics Operating:	188,808	196,579		204,721		213,249		222,186	
	Capital Outlay Aquatics										
1-31101	Equipment		134,200	-		-		54,000		15,000	
1-31102	Building		-	-		-		-		-	
1-31103	Other		-	-		-		-		-	
Total Aquatics Capital Outlay: 	134,200	-	-	54,000	15,000	
	TOTAL AQUATICS DIVISION	691,893	574,616	592,142	664,284	644,075	
	
STORM WATER MANAGEMENT DIVISION						
	Personnel						
1-16001	Regular Salaries	360,680	369,697	378,939	388,412	398,122	
1-16002	Overtime	19,768	20,262	20,769	21,288	21,820	
1-16003	FICA	29,877	30,620	31,381	32,162	32,961	
1-16004	Retirement Contributions	34,240	35,096	35,974	36,873	37,795	
1-16008	Uniforms	3,728	3,803	3,879	3,957	4,036	
1-16011	Annual PTO	9,190	9,374	9,561	9,752	9,947	
1-16012	Cell Stipend	905	923	941	960	979	
Total Storm Water Personnel: 	460,702	472,135	483,851	495,859	508,164
Storm Water Operating	
1-34001	Operations & Maintenance Svc	54,911	56,009	57,129	58,272	59,437	
1-34002	Laboratory Services	6,370	6,497	6,627	6,760	6,895	
1-34004	Disposal Fees	2,165	2,208	2,252	2,297	2,343	
1-34005	Operating Supplies	14,287	14,573	14,864	15,161	15,464	

1-34006     Storm Ditch Maint	-	-	-	-	-
1-34007    Landscape Materials	35,000	25,000	25,000	25,000	25,000
1-34008    Vehicle Maintenance	9,304	9,490	9,680	9,874	10,071
1-34009    Equipment Maintenance	21,205	21,629	22,062	22,503	22,953
1-34011    Chemicals	3,291	3,456	3,629	3,810	4,001
1-34014    Electricity Services	3,885	 	4,157 	4,365 	4,583 	4,812
Total Storm Water Operating: 	150,418	 	143,019 	145,608 	148,260 	150,976

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

10,000	40,000	-	-

108,000
-
-

-	-	-	-
-	-	-	-

Total Storm Water Capital Outlay: 	108,000	10,000	40,000	-	-	
	TOTAL STORM WATER MANAGEMENT DIVISION	719,120	625,154	669,459	644,119	659,140	
	
EXOTIC PLANT REMOVAL DIVISION						
	Personnel						
1-17001	Regular Salaries	199,637	204,628	209,744	214,988	220,363	
1-17002	Overtime	5,422	5,558	5,697	5,839	5,985	
1-17003	FICA	16,018	16,417	16,826	17,245	17,674	
1-17004	Retirement Contributions	18,455	18,917	19,390	19,874	20,371	
1-17008	Uniforms	3,185	3,249	3,314	3,380	3,448	
1-17011	Annual PTO	3,862	3,939	4,018	4,098	4,180	
1-17012	Cell Stipend	468	477	487	497	507	
Total Exotic Plant Personnel: 	248,271	254,433	260,749	267,219	273,852
Exotic Plant Operating	
1-35001	Operations & Maintenance Svc		25,686	26,200		26,724		27,258		27,803	
1-35003	Disposal Fees		7,257	7,402		7,550		7,701		7,855	
1-35004	Operating Supplies		18,554	18,925		19,304		19,690		20,084	
1-35006	Vehicle Maintenance		7,226	7,371		7,518		7,668		7,821	
1-35008	Chemicals		7,572	7,951		8,349		8,766		9,204	
1-35010	Maintenance Contracts		59,000	59,000		59,000		59,000		-	
		Total Exotic Plant Operating:	125,295	126,849		128,445		130,083		72,767	
	Capital Outlay Exotic Plant										
1-35101	Equipment		10,000	68,000		-		40,000		-	
1-35102	Building		-	-		-		-		-	
1-35103	Other		-	-		-		-		-	
Total Exotic Plant Capital Outlay: 	10,000	68,000	-	40,000	-	
	TOTAL EXOTIC PLANT REMOVAL DIVISION	383,566	449,282	389,194	437,302	346,619	
	
SHOP OPERATIONS DIVISION						
	Personnel						
1-18001	Regular Salaries	46,586	47,751	48,945	50,169	51,423	
1-18002	Overtime	5,412	5,547	5,686	5,828	5,974	
1-18003	FICA	3,978	4,077	4,179	4,284	4,391	
1-18004	Retirement Contributions	4,680	4,797	4,917	5,040	5,166	
1-18013	Uniforms	602	614	626	639	652	
1-18016	Annual PTO	480	490	500	510	520	

Forecast
FY 2021	FY 2022	FY 2023	FY 2024

1-18017 Cell Stipend

Shop Operating

255

260

265

270

250

Total Shop Personnel:	63,728	65,306	66,924	68,582	70,280

1-36001     Operations & Maintenance Svc	7,875	8,033	8,194	8,358	8,525
1-36002    Disposal Fees	2,239	2,284	2,330	2,377	2,425
1-36003    Operating Supplies	6,064	6,185	6,309	6,435	6,564
1-36006     Machinery & Equipment	10,604	 	10,816 	11,032 	11,253 	11,478
Total Shop Operating: 	26,782	 	27,318 	27,865 	28,423 	28,992

5,000
-
-

-
-
-

-
-
-

-
-
-

12,000
-
-

Capital Outlay Shop
1-36101 Equipment
1-36102 Building
1-36103 Other
Total Shop Capital Outlay:	12,000	5,000	-	-	-

SHOP OPERATIONS DIVISION	102,510	97,624	94,789	97,005	99,272

Total Operating Expenses	3,307,305	3,215,385	3,253,958	3,423,315	3,382,437 NON-OPERATING INCOME AND EXPENSES
Other Expense

DEBT SERVICE EXPENSES
1-04013 Principal 2014 Bond Issue - sent to Trustee	280,000	290,000		300,000		310,000		315,000	
1-04013 Interest 2014 Bond issue - sent to Trustee	110,091	101,138		92,017		82,663		73,270	
TOTAL DEBT SERVICE:	390,091	391,138		392,017		392,663		388,270	

CAPITAL IMPROVEMENT									
Capital Improvement Program R&R	53,546	53,546	56,756	59,966	70,666	
Add R&R Funding / Grant Revenue	40,000	40,000	30,000	30,000	30,000	
Add SWD funds from City for DS commitment	9,909	8,862	7,983	7,337	11,730	
Land Sale Transfer to R&R Funding	-	-	-	-	-	
   
TOTAL OTHER CAPITAL EXPENSES R&R FUND: 	103,455	102,408 	94,739 	97,303 	112,396

Total Expenses

  $	3,800,851	$ 3,708,931

   $	3,740,714

   $ 3,913,281

   $	3,883,103

Total Revenues	$	3,333,698	$ 3,333,708		   $	3,397,919		   $ 3,462,131		   $	3,676,144	
									
Surplus/(Deficit)	(467,153)	(375,223)		(342,795)		(451,150)		(206,959)	

Available Operating Cash Balance (Ending)

  $	2,073,855	$ 1,698,632

$	1,355,837

$	904,687	$

697,728

Budget FY 2020

GENERAL FUND RENEWAL & REPLACEMENT FUND

Actual FY
 	2018	FY 2019	 FY 2020            FY 2021           FY 2022          FY 2023	 FY 2024 

Estimated Beginning Fund Balance	523,399	1,068,220	383,542	321,752	255,610	176,903	99,058

ADD REVENUES:

Grant Revenue	5,867	30,000
Interest Revenues	-	-	-	-	-	-	-
5% Recommended Annual Transfer + Additional Annual Transfer	54,044	53,546	53,546	53,546	53,546	56,756	59,966	
Additional funds from General Surplus Funds	1,059,000	30,000	40,000	40,000	30,000	30,000	30,000	
Excess Storm Water Fees - Bonds	 	8,583	11,777	9,909	8,862	7,983	7,337	11,730

TOTAL REVENUES AND FUNDS AVAILABLE	1,650,893	1,193,543	486,997	424,160	347,139	270,996	200,754

DEDUCT EXPENDITURES:
WM001	1-46001     Stormwater Emergency Renewal and Replacement	73,593	162,005	165,245	168,550	170,236	171,938	173,657
WM013	1-46003	Basin 4E & 5	-	-	
WM014	1-46004	Basin 2C Wetland Vertical Relocation & Storage	8,114			
WM017	1-46007	Street to Pond Repairs (POA)		-	-	-	-	-	-	
WM018	1-46008	Basin 2C 3B interconnect		-	-	-	-	-	-	
WM019	1-46009	Lake Harvey Improvements	227,697		-	-	-	-	-	
	1-46013	Lift Station #1 Relocation	261,265	15,000	-	-	-	-	-	
WM020	1-46014	6B Relocation Project	12,004	597,996	-	-	-	-	-	
WM021	1-46015	CCE Stormwater Improvement Projects	 			 	35,000		 	-			 	-			 	-			 	-			 	-		
		TOTAL EXPENDITURES	582,673		810,001		165,245		168,550		170,236		171,938		173,657	
		FUND BALANCE, SEPTEMBER 30	 	1,068,220		383,542		321,752		255,610		176,903		99,058		27,097	

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 2020 is based on 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 FY2020 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 FY2020 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 two new positions planned for this FY (Assistant Public Works Director and Exotic Plant Removal Technician). This year we are proposing to give a 1.6% 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 2020 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 2020.

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 FY2020 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-2020 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. No expenditures planned for this fiscal year.

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

Aquatics Personnel

Regular Salaries; Overtime; FICA; Retirement Contributions; 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 backpack 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 2012 Harvester for $134,300 in FY2020. 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 Kawasaki Mule for $10,000, replace an Exmark mower for $12,000, replace Video Ray for $41,000 and $45,000 for a new dump truck which will be split between Stormwater and Underground Utilities departments in 2020FY. 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. Plan to replace a Kawasaki Mule for $10,000 and no other 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 a heavy equipment trailer for $12,000.

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: $ 165,245

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 2019 with a deficit due in part to the new administration building expansion project. The Proposed Budget for FY 2020 reflects no Rate Increase. The Proposed Budget for FY 2020 anticipates a deficit due to several major projects.

Assumptions Used in Preparing the Budget

Inflation – The following inflationary rates are utilized; for the regular salaries line item the rate increased to 1.6% for FY 2020 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 10% 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 1.00% as well.

Rate Adjustment – There is no rate adjustment planned for FY 2020 in this budget based on the current factors. The Rate Stabilization Fund balance is expected to exceed $530,000 for FY2020.

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 $9,000 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 2020 of
$3,831,063. 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 several 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 $1,834,013; the Water Connection Fee Budget is $1,200,000; the Wastewater Connection Fee Budget is $300,000 and the Capital Outlay Budget is $497,050 for FY 2020.

Major capital projects contained in the capital budget for FY 2020 include the continuation of the Lift Station Renewal and Replacement project at $142,194, Emergency Renewal and Replacement Projects at $193,845, Lake Charles Irrigation Pump Station improvements at $550,000, WWTF Digestor sealing and painting at $200,000, WTP painting and sealing at $130,000, WTP Calcite tank project $145,000, WTP High Service Pump rehab project at $330,000, and meter replacement program at $15,000 (FY 2020). The Water Connection Fee Fund has two projects planned for FY2020 the water treatment plant clearwell/transfer pumps expansion project estimated at $800,000 and the Main Water Line Extension at $400,000. The Wastewater Connection Fee Fund has one major project planned for the upgrade of the sand filter to a new disk filter system expanding capacity and redundancy for FY2020 this will be split between the WWTF Capacity Fee Fund at $300,000 and the Capital Outlay expense code for WWTF Building for $405,000. The Capital Outlay Budget for the Utility Fund is proposing the replacement of vehicles and equipment all totaling for $91,000.

AFPI Revenue $2,484.00 0.03%

Other Operating Revenue
$79,921.00 0.87%

Wholesale Water & Wastewater $570,883.00 6.22%

Billed Water Revenues
$3,126,686.00 34.06%

Billed Irrigation Revenue
$1,797,512.00 19.58%

Billed Wastewater Revenues $3,601,148.00 39.23%

TOTAL REVENUES	$	9,178,634		

 	TOTALS		
PERCENT
 	REVENUES		
Billed Water Revenues	$ 3,126,686.00	34.065%	
Billed Wastewater Revenues	$ 3,601,148.00	39.234%	
Billed Irrigation Revenue	$ 1,797,512.00	19.584%	
Wholesale Water & Wastewater	$	570,883.00	6.220%	
AFPI Revenue	$	2,484.00	0.027%	
Other Operating Revenue	  $	79,921.00	 	0.871%	
TOTAL REVENUE	$	9,178,634	100.00%	

W&S PRIOR YEARS FUND BALANCE	
$	4,720,936		

Board of Supervisors 0.14%

District Manager 0.44%

Property Control 0.10%

Rate Stabilization Fund Transfer
0.00%

Clerk to the Board 0.16%

R & R Transfers 11.03%

Finance 3.31%

Utility Rate Consultant 0.16%

Legal Services 0.48%

Rate Stabilization Fund 0.90%

Engineering Services 0.69%

Shop Division Irrigat2io%n Division
3.60%

Administration Division 15.01%
Water Treatment Plant Division 11.24%

Underground Utilities Division 12.72%

Wastewater Treatment Plant Division
13.65%

TOTAL EXPENDITURES	$	10,113,692

PERCENT
CAPITAL
PERSONNEL OPERATING	OUTLAY 	TOTALS		EXPENDITURES

Board of Supervisors	12,918	1,178		$	14,096	0.139%	
District Manager	43,572	1,426		$	44,998	0.445%	
Finance		334,612		$	334,612	3.309%	
Property Control		10,006		$	10,006	0.099%	
Utility Rate Consultant		15,847		$	15,847	0.157%	
Clerk to the Board		16,590		$	16,590	0.164%	
Legal Services		48,424		$	48,424	0.479%	
Engineering Services		69,939		$	69,939	0.692%	
Administration Division	1,053,058	464,701	-	$	1,517,759	15.007%	
Water Treatment Plant Division	409,649	727,401	-	$	1,137,050	11.243%	
Wastewater Treatment Plant Division	429,836	500,919	450,000	$	1,380,755	13.652%	
Underground Utilities Division	659,775	579,821	47,050	$	1,286,646	12.722%	
Irrigation Division	63,861	299,859	-	$	363,720	3.596%	
Shop Division	131,273	21,334	-	$	152,607	1.509%	
Debt Service Payments				2,605,326	25.760%	
Rate Stabilization Fund Transfer				-	0.000%	
R & R Transfers	 	1,115,317	 	11.028%	
TOTAL EXPENDITURES	$ 2,803,942	$ 3,092,057	$  497,050	$	10,113,692	100.00%	

ADD REVENUES:	 	FY 2018	
 	ACTUAL		 	FY 2019	 ORIGINAL BUDGET	 	FY 2019	
 	ESTIMATE		 	FY 2020	
   PROPOSED 	
Billed Water Revenues	3,061,920	3,110,742	3,110,742	3,126,686	
Billed Wastewater Revenues	3,557,463	3,578,988	3,578,988	3,601,148	
Billed Irrigation Revenue	1,783,236	1,797,512	1,797,512	1,797,512	
Wholesale Water & Wastewater	566,514	563,485	563,485	570,883	
AFPI Revenue	42,040	2,484	2,484	2,484	
Other Operating Revenue	 	139,047	 	81,921	 	137,113	 	79,921	
TOTAL OPERATING REVENUES	9,150,220	9,135,132	9,190,324	9,178,634	
NON-OPERATING INCOME AND EXPENSES					

Transfer from WCF to Pay Debt	-	-	-	-

TOTAL NON-OPERATING REVENUES	-	-	-	-

FUND BALANCE, October 1	6,990,618	6,687,664	6,687,664	4,720,936	
TOTAL REVENUES AND FUNDS AVAILABLE	16,140,838	15,822,796	15,877,988	13,899,570	

DEDUCT EXPENDITURES:
Board of Supervisors	

13,373	

14,071	

14,071	

14,096	
District Manager	16,299	27,395	23,895	44,998	
Finance	227,249	288,882	288,882	334,612	
Property Control	5,968	10,867	13,867	10,006	
Utility Rate Consultant	15,494	15,506	15,506	15,847	
Clerk to the Board	14,277	16,233	16,233	16,590	
Legal Services	43,225	47,570	47,570	48,424	
Engineering Services	24,416	41,588	68,568	69,939	
Administration Division	1,177,148	2,576,624	2,642,524	1,517,759	
Water Treatment Plant Division	1,007,592	1,130,820	1,163,320	1,137,050	
Wastewater Treatment Plant Division	790,922	943,890	1,052,740	1,380,755	
Underground Utilities Division	1,241,501	1,311,496	1,368,346	1,286,646	
Irrigation Division	312,363	338,392	341,817	363,720	
Shop Division	113,682	183,268	183,268	152,607	
Debt Service Payments	2,670,879	2,708,655	2,675,456	2,605,326	
Rate Stabilization Fund Transfer Out	-	-	-	-
Capital improvement Projects	-	-	-	-
Renewal & Replacement Transfers	 	1,778,786	 	1,240,989	 	1,240,989	 	1,115,317

TOTAL EXPENDITURES	9,453,174	10,896,246	11,157,052	10,113,692

FUND BALANCE, SEPTEMBER 30	 	6,687,664	 	4,926,550	 	4,720,936	 	3,785,878

Budget FY 2020

Final Amended Budget
FY 2019

Orig. Budget FY 2019

Estimate EOY FY 2019

Actual YTD FY 2019

Actual FY 2018

5	6	651,332
Water & Sewer Fund Balance (Beginning)	6,990,618	6,687,664	6,687,664	6,687,664	6,687,664	4,720,936
Rate Stabilization Fund Balance (Beginning)	531,020	531,020	531,020	531,020 OPERATING REVENUE

5-04006	Grants
Billed Water Revenue Consumption	
3,061,920	
1,302,902	-
3,126,965	-
3,110,742	-
3,110,742	-
3,126,686	
5-04106	Billed Water Revenue Base			-				
5-04007	Billed Wastewater Revenue Consumption	3,557,463	1,506,799	3,616,318	3,578,988	3,578,988	3,601,148	
5-04107	Billed Wastewater Revenue Base			-				
5-04009	Billed Irrigation Revenue Consumption	1,783,236	744,542	1,786,901	1,797,512	1,797,512	1,797,512	
5-04109	Billed Irrigation Revenue Base			-				
5-04010	Late Fees	71,777	37,789	38,000	38,000	38,000	38,000	
5-04012	Miscellaneous Fees	46,137	59,237	59,237	5,000	59,237	5,000	
5-04014	Wholesale Water Revenue	266,871	138,925	333,420	267,829	267,829	271,551	
5-04018	Meter Set Fees	5,429	25	60	3,550	1,550	1,550	
5-04021	Wholesale Wastewater Revenue	299,643	99,668	239,203	295,656	295,656	299,332	
5-04022	Interest (Operating)	15,704	8,526	8,526	5,571	8,526	5,571	
	Rate Stabilization Fund	-		-	-	-	-	
5-04047	Backflow Prevention Program	-	-	25,000	25,000	25,000	
5-04046	Tanker Truck Water Service	-	-	4,800	4,800	4,800	
5-04033	Water Impact (AFPI)	22,901	1,067	2,561	1,359	1,359	1,359	
5-04035	 Wastewater Impact (AFPI)	19,139	 	883	 	2,119	 	1,125	 	1,125	1,125	
 	Total Revenues	$	9,150,220	 $ 3,900,363	  $	9,213,310	   $	9,135,132	   $	9,190,324	$ 9,178,634	
	OPERATING EXPENSES
Board of Supervisors						
5-05001	Executive Salaries	11,672	5,500	11,000	12,000	12,000	12,000	
5-05002	FICA	906	421	842	918	918	918	
5-05004	   Board Meeting Expenses	795	 	391	 	782	 	1,153	 	1,153	1,178	
	 	TOTAL BOARD OF SUPERVISORS	13,373	 	6,312	 	12,624	 	14,071	 	14,071	14,096	
	District Manager						
5-06002	Management Contract	15,584		-	26,000	22,500	43,572	
5-06003	   Travel & Per Diem	715	 	288	 	576	 	1,395	 	1,395	1,426	
	 	TOTAL DISTRICT MANAGER	16,299	 	288	 	576	 	27,395	 	23,895	44,998	
	
Finance						
5-07001	Dissemination Agent		-	2,239	2,239	2,288	
5-07002	Arbitrage		-	2,400	2,400	2,400	
5-07003	Accounting Services	39,860	16,973	33,946	46,765	46,765	47,794	
5-07004	Auditing	14,430		-	15,445	15,445	15,785	
5-07006	Banking Services	19,542	8,716	17,432	20,350	20,350	20,798	
5-07007	Property & Casualty Insurance	152,428	157,465	159,283	159,283	159,283	202,947	
5-07009	   Bad Debt	989	 	1,820	 	3,640	 	42,400	 	42,400	42,600	
	 	TOTAL FINANCE	227,249	 	184,974	 	214,301	 	288,882	 	288,882	334,612	
	Property Control						
5-09001	Building & Land Rental	1,085	1,344	1,888	1,888	1,888	1,930	
5-09003	Computer Software/Licensing	4,883	625	1,250	4,779	4,779	4,884	
5-09004	Computer Hardware/Supplies	-		-	4,200	7,200	3,192	

Budget FY 2020

Final Amended Budget
FY 2019

Orig. Budget FY 2019

Estimate EOY FY 2019

Actual YTD FY 2019

Actual FY 2018

5	 	6		651,332
TOTAL PROPERTY CONTROL	5,968

Utility Rate Consultant
5-11001	 Other Contractual Services	15,494
TOTAL RATE CONSULTANT	15,494

Clerk to the Board
5-13002	Other Contractual Services	10,151
5-13004	Postage & Freight	1,162
5-13005	Printing & Binding	1,785
5-13006	 Legal Ads	1,179
 	TOTAL CLERK TO THE BOARD	14,277

Legal Services
5-19001	General Counsel	31,883
5-23001	 Special Counsel	11,342
 	TOTAL LEGAL COUNSEL	43,225

Engineering Services
5-26002	 Engineering Services	24,416
 	TOTAL ENGINEERING	24,416

ADMINISTRATION DIVISION
Personnel
5-14001	Regular Salaries	299,406
5-14003	Overtime	959
5-14004	FICA	18,444
5-14005	Retirement Contributions	34,071
5-14006	Health/Life/Dental Insurance	419,975
5-14007	Workers Comp	23,390
5-14008	Unemployment Compensation	-
5-14010	Uniforms	1,985
5-14012	Training & Education Costs	2,600
5-14013	Vehicle Allowance	6,943
5-14014	Annual PTO	838
5-14015	Cell Stipend	 	521
Total Administration Personnel: 	809,131
ADMIN Operating	 	1,969

 	-
 	-

4,491
521
1,100
 	
 	6,112

9,284
 	420
 	9,704

 	34,300
 	34,300

170,508
273
12,000
15,581
181,414
23,309

1,590
326
3,600

 	360
 	408,961	 	3,138	10,867	13,867

 	-	15,506	15,506
 	-	15,506	15,506

8,982	10,631	10,631
1,042	1,517	1,517
2,200	2,316	2,316
 	-	 	1,769	 	1,769
 	12,224	 	16,233	 	16,233

18,568	38,803	38,803
 	840	 	8,767	 	8,767
 	19,408	 	47,570	 	47,570

 	68,600	 	41,588	 	68,568
 	68,600	 	41,588	 	68,568

341,016	378,000	378,000
546	1,853	1,853
24,000	32,378	28,378
31,162	36,527	36,527
362,828	483,385	483,385
32,547	32,547	32,547
-	2,135	2,135
3,180	3,557	3,557
652	2,196	2,196
7,200	7,200	7,200
-	8,800	8,800
 	720	1,393	1,393
 	803,851	989,971	985,971	10,006

15,847
15,847

10,865
1,550
2,367
1,808
16,590

39,657
8,767
48,424

69,939
 	69,939

359,048
1,899
32,569
36,407
559,724
34,174
2,188
3,635
2,196
10,800
8,994
1,424
1,053,058	
5-29001	Other Contractual Services	148,808	74,854	149,708	173,092	234,092	197,774	
5-29002	Website Maintenance	4,795	1,650	3,300	4,458	4,458	4,547	
5-29003	Operating Supplies	4,212	1,895	3,790	5,475	5,475	5,585	
5-29004	Storm Water Fees	42,355	42,355	42,355	33,884	42,384	33,884	
5-29005	Telephone & Cell Service	10,398	7,670	15,340	11,995	15,495	15,805	
5-29006	Postage & Freight	31,707	13,466	26,932	36,604	35,604	36,316	
5-29007	Equipment Leasing	905	2,597	2,600	2,220	2,620	2,672	
5-29008	Administrative Maintenance	1,820	104	208	2,292	2,292	2,338	
5-29011	Contingencies - Hurricane	-		-	-	-	-	

Office Supplies	3,907
Fuel & Lubricants - Vehicle	45,531
Fuel & Lubricants - Equipment	11,330
Minor Construction Expenses	1,154
Project Maintenance Fees	6,685
Contingency (1.5%)	52,196
Electricity Services	2,214
Total Administration Operating:	368,017 Capital Outlay Administration
Equipment	-
Building	-
Other	-
Total Administration Capital Outlay:	-

 	TOTAL ADMINISTRATION	1,177,148 WATER TREATMENT PLANT DIVISION
Personnel
Regular Salaries	264,939
Overtime	24,426
FICA	22,900
Retirement Contributions	20,305
Uniforms	971
Training & Education Costs	1,476
Annual PTO	3,166
Cell Stipend	 	483
Total WTP Personnel: 	338,666
WTP Operating
Other Contractual Services	57,132
Operations & Maintenance Services	1,360
Laboratory Services	20,857
Operating Supplies	3,832
Electricity Services	181,415
Plant Maintenance	78,219
Chemicals	287,447
Water Conservation Grant Program			8,829 Backflow Prevention Program		 	29,835 Total WTP Operating: 	668,926
Capital Outlay WTP
Equipment	-
Building	-
Other	-	1,801	
	17,060	
	4,200	
	880	
	6,685	
	696	
	175,913	
	
-	
	-	
	 	584,874	
	
123,565	
	23,845	
	10,957	
	11,984	
	1,102	
	1,334	
	 	360	
	 	173,147	
	34,297	
	7,979	
	1,415	
	75,360	
	61,517	
	133,848	
	6,730	
	 	2,715	
	 	323,861	
	18,850	
	-	
	-	
Total WTP Capital Outlay:	-	18,850	
			
TOTAL WATER TREATMENT PLANT DIVISION	1,007,592	515,858	

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

5	6	651,332

3,898
48,448
13,529
1,999
6,685
84,878
6,343
464,701

Budget FY 2020

Final Amended Budget
FY 2019

Orig. Budget FY 2019

Estimate EOY FY 2019

Actual YTD FY 2019

Actual FY 2018

3,602	3,859	3,859
34,120	45,922	45,922
8,400	12,644	12,644
1,760	1,460	1,960
6,685	6,685	6,685
-	79,268	79,268
 	1,392	7,295	4,295
 	300,192	427,153	497,053

-
-
-

22,000	22,000
-	1,137,500	1,137,500
 	-	-	
 	-	1,159,500	1,159,500	 	-

 	1,104,043	 	2,576,624	 	2,642,524	 	1,517,759

247,130	295,253	288,253	298,865
47,690	37,559	42,559	43,623
21,914	25,894	25,894	26,644
23,968	29,953	29,953	30,824
1,919	1,919	1,919	1,961
1,930	1,930	1,930	1,930
-	4,328	4,328	4,423
 	720	1,349	1,349	1,379
 	345,271	398,185	396,185	 	409,649

68,594	80,974	78,974	80,553
-	2,368	2,368	2,415
15,958	25,163	24,163	24,646
2,830	8,180	8,180	8,344
150,720	190,073	190,073	192,202
105,656	84,156	105,656	108,086
267,696	256,721	271,721	277,155
9,000	8,000	9,000	9,000
 	5,430	 	25,000	 	25,000	25,000
 	625,884	 	680,635	 	715,135	 	727,401

-
-

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

 	971,155	 	1,130,820	1,163,320	 	1,137,050

-	-

Budget FY 2020

Final Amended Budget
FY 2019

Orig. Budget FY 2019

Estimate EOY FY 2019

Actual YTD FY 2019

Actual FY 2018

5	6	651,332
	Personnel					
5-16001	Regular Salaries	258,674
5-16002	Overtime	38,023
5-16003	FICA	22,545
5-16004	Retirement Contributions	25,702
5-16008	Uniforms	2,261
5-16010	Training & Education Costs	1,496
5-16011	Annual PTO	2,542	155,886
14,315
12,887
13,976
1,658
635	311,772	313,658	313,658
28,630	39,118	39,118
25,774	27,431	27,431
27,952	31,750	31,750
2,283	2,283	2,283
1,270	2,607	2,607
-	4,456	4,456	318,677
40,096
27,900
32,290
2,333
2,607
4,554	
5-16012	Cell Stipend	 	366	 	370	 	740	1,349	1,349	1,379	
		Total WWTP Personnel: 	351,609	 	199,727	 	398,421	422,652	422,652	 	429,836	
	WWTP Operating			-		
5-31001	Other Contractual Services	46,722	10,234	20,468	46,098	46,098	47,020	
5-31002	Operations & Maintenance Services	4,851	2,429	4,858	8,218	8,218	8,382	
5-31003	Laboratory Services	20,258	6,908	13,816	29,154	28,154	28,717	
5-31004	Operating Supplies	12,874	6,605	13,210	16,043	16,043	16,364	
5-31005	Sludge Disposal	78,092	23,050	46,100	89,587	82,587	89,239	
5-31006	Electricity Services	146,653	61,483	122,966	151,156	151,156	152,849	
5-31008	Plant Maintenance	40,661	8,463	16,926	45,656	45,656	46,706	
5-31010	Chemicals	 	79,732	 	36,087	 	72,174	 	111,326	 	106,326	111,642	
Total WWTP Operating: 	429,843	 	155,259	 	310,518	 	497,238	 	484,238	 	500,919	
	Capital Outlay WWTP					
5-31101	Equipment	-	28,850		30,850	24,000	30,850	45,000	
5-31102	Building	9,470	15,323		20,000	-	115,000	405,000	
5-31103	Other	-	-		 	-	-	-		-	
	Total WWTP Capital Outlay:	9,470	44,173		 	50,850	24,000	145,850	 	450,000	

	TOTAL WASTEWATER TREATMENT PLANT DIVISION	790,922	399,159		 	759,789	 	943,890	1,052,740	 	1,380,755	
	UNDERGROUND UTILITIES DIVISION					
	Personnel					
5-17001	Regular Salaries	413,318	218,001		436,002	445,139	445,139	482,261	
5-17002	Overtime	62,691	30,371		60,742	65,020	65,020	66,646	
5-17003	FICA	35,268	18,358		36,716	39,805	39,805	42,786	
5-17004	Retirement Contributions	43,871	21,581		43,162	45,914	45,914	49,402	
5-17008	Uniforms	4,616	3,784		5,852	5,852	5,852	5,981	
5-17010	Training & Education Costs	1,687	1,789		2,500	2,313	2,313	2,313	
5-17011	Annual PTO	1,561			-	6,974	6,974	7,127	
5-17012	Cell Stipend	 	1,424	 	600		 	1,200	3,189	3,189	3,259	
	Total UGU Personnel: 	564,437	 	294,484		 	586,174	614,206	614,206	 	659,775	
	UGU Operating									
5-32001	Other Contractual Services	320,223	128,303	256,606	281,043	281,043	286,664	
5-32002	Operations & Maintenance Services	107,879	50,628	101,256	94,773	109,773	111,968	
5-32003	Operating Supplies	96,914	31,679	63,358	93,973	93,973	95,852	
5-32004	Electricity Services	40,324	17,538	35,076	38,600	39,600	40,044	
5-32005	Vehicle Maintenance	16,199	13,221	26,442	18,683	26,183	26,707	
5-32006	Lift Station Maintenance	 	11,234	 	11,295	 	22,590	 	18,168	 	18,168	18,586	
	Total UGU Operating: 	592,773	 	252,664	 	505,328	 	545,240	 	568,740	 	579,821	
	Capital Outlay UGU						

Budget FY 2020

Final Amended Budget
FY 2019

Orig. Budget FY 2019

Estimate EOY FY 2019

Actual YTD FY 2019

Actual FY 2018

5	6	651,332
5-32101	Equipment	67,700
5-32102	Building	16,591
5-32104	New Meters	-	91,789
13,476	105,850	111,000	105,850
78,500	40,000	78,500
-	1,050	1,050	46,000
- 1,050	
5-32103	Other	-		 	-	-	-		-	
	Total UGU Capital Outlay:	84,291	105,265	 	184,350	152,050	185,400	 	47,050	

	TOTAL UNDERGROUND UTILITIES DIVISION	1,241,501	652,413	 	1,275,852	 	1,311,496	1,368,346	 	1,286,646	
	IRRIGATION DIVISION
Personnel					
5-18001	Regular Salaries	37,968	20,571	41,142	42,712	42,712	43,780	
5-18002	Overtime	4,334	499	998	8,473	8,473	8,685	
5-18003	FICA	3,042	1,471	2,942	3,992	3,992	4,092	
5-18004	Retirement Contributions	3,892	1,862	3,724	4,607	4,607	4,722	
5-18008	Uniforms	402	229	458	749	749	765	
5-18009	Training & Education Costs	328	14	28	795	795	795	
5-18010	Annual PTO	-		-	755	755	772	
5-18011	Cell Stipend	 	-		 		 	-	245	245	250	
		Total IRR Personnel: 	49,965	 	24,646	 	49,292	62,328	62,328	 	63,861	
	IRR Operating								
5-33001	Other Contractual Services	37,652	11,936	23,872	34,494	34,494	35,184	
5-33002	Operations & Maintenance Services	40,220	26,661	44,507	34,507	44,507	45,397	
5-33003	Laboratory Services	8,594	-	-	591	591	603	
5-33004	Operating Supplies		2,753	5,506	8,268	7,268	7,413	
5-33005	Electricity Services	138,754	52,728	105,456	141,169	140,169	141,739	
5-33008	Maintenance - Irrigation	23,827	2,751	24,000	24,566	24,566	50,131	
5-33010	Chemicals	 	13,352	 	7,701	 	15,402	 	20,469	 	18,469	19,392	
Total IRR Operating: 	262,398	 	104,530	 	218,743	 	264,064	 	270,064	 	299,859	
	Capital Outlay IRR				
5-33101	Equipment	-	9,425	-	12,000	9,425	-	
5-33102	Building	-	-	-	-	-	-	
5-33103	Other	-	-	 	-	-	-		-	
	Total IRR Capital Outlay:	-	9,425	 	-	12,000	9,425	 	-	

	TOTAL IRRIGATION DIVISION	312,363	 	138,601	 	268,035	 	338,392	341,817	 	363,720	
	SHOP & MAINTENANCE OPERATIONS DIVISION
Personnel				
5-40001	Regular Salaries	79,039	46,074	92,148	98,000	98,000	100,450	
5-40002	Overtime	7,660	3,481	6,962	7,292	7,292	7,474	
5-40003	FICA	14,256	3,687	7,374	8,208	8,208	8,413	
5-40004	Retirement Contributions	7,305	4,045	8,090	9,476	9,476	9,713	
5-40013	Uniforms	153	459	918	1,145	1,145	1,170	
5-40015	Training, Cont. Educ., and Licensing	40	387	774	2,006	2,006	2,006	
5-40016	Annual PTO	3,731		-	1,518	1,518	1,551	
5-40017	Cell Stipend	 	15	80	 	160	 	485	 	485	496	
	Total Shop & Maintenance Personnel: 	112,200	58,213	 	116,426	 	128,130	 	128,130	 	131,273	
Shop & Maintenance Operating

Budget FY 2020

Final Amended Budget
FY 2019

Orig. Budget FY 2019

Estimate EOY FY 2019

Actual YTD FY 2019

Actual FY 2018

5	6	651,332

5,859
1,640
4,358
9,477

5-41001	Operations & Maintenance Svc	-	1,360	2,720	5,744	5,744
5-41002	Disposal Fees	-	283	566    -	1,608	1,608

13444

6,722

5-41003	Operating Supplies			32	2,757	5,514   -	4,260		4,260 5-41006	Machinery & Equipment	 	1,449	2,322	4,644    - 	9,026	 	9,026

Total Shop & Maintenance Operating: 	1,482
Capital Outlay Shop & Maintenance

 	20,638	 	20,638	 	21,334

-

5-41101	Equipment	27,229	34,500	34,500	34,500
5-41102	Building	-	-
5-41103	Other	 	-	-	

27,229

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

TOTAL SHOP & MAINTENANCE OPERATIONS DIVISION	113,682	92,164	 	164,370	183,268	183,268	 	152,607

Total Operating Expenses	 	5,003,509	2,626,728	 	4,874,115	6,946,602	 	7,240,607	 	6,393,049

-	 	-		-	
-	 	-	 	-	
	
75,000		
170,000	170,000	180,000	
464,747	356,548	362,175	
1,105,000	1,105,000	1,135,000	
590,450	590,450	552,216	
255,000	255,000	260,000	
 	123,458	 	123,458	115,935	
 	2,708,655	 	2,675,456	 	2,605,326	

 	-	 	-		-	
 	-	 	-	 	-	

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	170,000
5-27012	Interest 2014 Bond Issue Refi of 2004	455,995
5-27008	Principal 2011 Bond Issue	1,070,000
5-27007	Interest 2011 Bond issue	599,816
5-27010	Principal 2013 Bond Issue	250,000
5-27009	Interest 2013 Bond issue	 	125,068
TOTAL DEBT SERVICE: 	2,670,879

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%)		478,786 Additional R&R Transfer for CIP's	1,300,000
Cash Carry Forward for R&R CIP	 	-		

74,000		

 		

	 	-	 	-	
	
 	-	
 		
	 	-	 	-	
	
-	
-	
	-		
	-	-	

-	-
465,989	465,989	465,317
775,000	775,000	650,000
 	-	-		-
TOTAL CI & TRANSFERS EXPENSES: 	1,778,786	 	-	-	 	1,240,989	1,240,989	 	1,115,317

Total Expenses

  $	9,453,174	$  2,626,728	$	4,874,115	$	10,896,246

   $	11,157,052

   $ 10,113,692

 	 	 	

Total Revenues

$	9,150,220

   $	9,213,310	$	9,135,132

   $	9,190,324

$ 3,900,363

$ 9,178,634

Surplus/(Deficit) Before Transfer from
(to) Operating Reserve	(302,954)	1,273,635	4,339,195	(1,761,114)	(1,966,728)		(935,058)

Budget FY 2020

Final Amended Budget
FY 2019

Orig. Budget FY 2019

Estimate EOY FY 2019

Actual YTD FY 2019

Actual FY 2018

5	6	651,332

Available Operating Cash Balance (Ending)

  $	6,687,664	$  7,961,299	$  11,026,859	$	4,926,550

$	4,720,936

$ 3,785,878

*Coverage Provided (Required > 1.10)	1.57	1.34	1.32	1.26	
**Coverage w/R&R deducted (Required > 1.00)	1.35	1.14	1.13	1.07	
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%	

Water & Sewer Fund Balance (Beginning)	3,785,878	3,658,456	3,532,828	3,427,632	
Rate Stabilization Fund Balance (Beginning) OPERATING REVENUE
Grants	531,020

-	531,020

-	531,020

-	531,020

-	
5-04006	Billed Water Revenue Consumption	3,189,220	2.0%	3,253,004	2.0%	3,318,064	2.0%	3,384,425	
5-04106	Billed Water Revenue Base								
5-04007	Billed Wastewater Revenue Consumption	3,673,171		3,746,634		3,821,567		3,897,998	
5-04107	Billed Wastewater Revenue Base								
5-04009	Billed Irrigation Revenue Consumption	1,833,462		1,870,131		1,907,534		1,945,685	
5-04109	Billed Irrigation Revenue Base								
5-04010	Late Fees	38,000		38,000		38,000		38,000	
5-04012	Miscellaneous Fees	5,000		5,000		5,000		5,000	
5-04014	Wholesale Water Revenue	276,982		282,522		288,172		293,935	
5-04018	Meter Set Fees	4,040		4,040		4,040		4,040	
5-04021	Wholesale Wastewater Revenue	305,319		311,425		317,654		324,007	
5-04022

5-04047	Interest (Operating) Rate Stabilization Fund
Backflow Prevention Program	5,571
- 25,000		5,571
- 25,000		5,571
- 25,000		5,571
- 25,000	
5-04046	Tanker Truck Water Service	4,800		4,800		4,800		4,800	
5-04033	Water Impact (AFPI)	1,359		1,359		1,359		1,359	
5-04035	  Wastewater Impact (AFPI)		 	1,125		 	1,125		 	1,125		 	1,125	
	 	Total Revenues		  $	9,363,049		   $	9,548,611		  $	9,737,886		   $	9,930,945	

5-05001	OPERATING EXPENSES
Board of Supervisors
Executive Salaries	

12,000		

12,000		

12,000		

12,000	
5-05002	FICA	918		918		918		918	
5-05004	   Board Meeting Expenses		 	1,204	1,230	1,257	1,285	
	 	TOTAL BOARD OF SUPERVISORS		 	14,122	14,148	14,175	14,203	

5-06002	District Manager
Management Contract	
44,531	45,511	46,512	47,535	
5-06003	   Travel & Per Diem		 	1,457	 	1,489	 	1,522	 	1,555	
	 	TOTAL DISTRICT MANAGER		 	45,988	 	47,000	 	48,034	 	49,090	

5-07001	Finance
Dissemination Agent	
2,338	2,389	2,442	2,496	
5-07002	Arbitrage	2,400	2,400	2,400	2,400	
5-07003	Accounting Services	48,845	49,920	51,018	52,140	
5-07004	Auditing	16,132	16,487	16,850	17,221	
5-07006	Banking Services	21,256	21,724	22,202	22,690	
5-07007	Property & Casualty Insurance	179,094	188,049	234,936	210,683	
5-07009	   Bad Debt		 	43,500	 	44,300	 	45,200	 	46,100	
	 	TOTAL FINANCE		 	313,565	 	325,269	 	375,048	 	353,730	

5-09001	Property Control
Building & Land Rental	
1,972	2,015	2,059	2,104	
5-09003	Computer Software/Licensing	4,991	5,101	5,213	5,328	
5-09004	Computer Hardware/Supplies	3,262	3,334	3,407	3,482	

	TOTAL PROPERTY CONTROL	

Utility Rate Consultant		 	10,225	10,450	10,679	10,914	
5-11001	    Other Contractual Services			 	16,196	16,552	16,916	17,288	
	TOTAL RATE CONSULTANT			 	16,196	16,552	16,916	17,288	

5-13002	Clerk to the Board
Other Contractual Services		
11,104	11,348	11,598	11,853	
5-13004	Postage & Freight		1,584	1,619	1,655	1,691	
5-13005	Printing & Binding		2,419	2,472	2,526	2,582	
5-13006	   Legal Ads			 	1,848	 	1,889	 	1,931	 	1,973	
	 	TOTAL CLERK TO THE BOARD			 	16,955	 	17,328	 	17,710	 	18,099	

5-19001	Legal Services
General Counsel		
40,529	41,421	42,332	43,263	
5-23001	   Special Counsel			 	8,767	 	8,767	 	8,767	 	8,767	
	 	TOTAL LEGAL COUNSEL			 	49,296	 	50,188	 	51,099	 	52,030	

5-26002	Engineering  Services
   Engineering Services			
 	71,338	 	72,765	 	74,220	 	75,704	
	 	TOTAL  ENGINEERING			 	71,338	 	72,765	 	74,220	 	75,704	

5-14001	ADMINISTRATION DIVISION
Personnel
Regular Salaries		

368,024	377,225	386,656	396,322	
5-14003	Overtime		1,946	1,995	2,045	2,096	
5-14004	FICA		33,350	34,151	34,971	35,811	
5-14005	Retirement Contributions		37,305	38,226	39,169	40,136	
5-14006	Health/Life/Dental Insurance		598,905	640,828	672,869	706,512	
5-14007	Workers Comp		35,883	37,677	39,561	41,539	
5-14008	Unemployment Compensation		2,243	2,299	2,356	2,415	
5-14010	Uniforms		3,715	3,797	3,881	3,966	
5-14012	Training & Education Costs		2,196	2,196	2,196	2,196	
5-14013	Vehicle Allowance		10,800	10,800	10,800	10,800	
5-14014	Annual PTO		9,192	9,394	9,601	9,812	
5-14015	Cell Stipend		 	1,455	1,487	1,520	1,553	
	Total Administration Personnel:
ADMIN Operating		 	1,105,014	1,160,075	1,205,625	1,253,158	
5-29001	Other Contractual Services	201,729	205,764	209,879	214,077	
5-29002	Website Maintenance	4,638	4,731	4,826	4,923	
5-29003	Operating Supplies	5,697	5,811	5,927	6,046	
5-29004	Storm Water Fees	33,884	33,884	33,884	33,884	
5-29005	Telephone & Cell Service	16,121	16,443	16,772	17,107	
5-29006	Postage & Freight	37,042	37,783	38,539	39,310	
5-29007	Equipment Leasing	2,725	2,780	2,836	2,893	
5-29008	Administrative Maintenance	2,385	2,433	2,482	2,532	
5-29011	Contingencies - Hurricane	-	-	-	-	

5-29012	Office Supplies	3,937	3,976	4,016	4,056	
5-29013	Fuel & Lubricants - Vehicle	51,839	55,468	59,351	63,506	
5-29014	Fuel & Lubricants - Equipment	14,476	15,489	16,573	17,733	
5-29015	Minor Construction Expenses	2,039	2,080	2,122	2,164	
5-29016	Project Maintenance Fees	6,685	6,685	6,685	6,685	
5-29017	Contingency (1.5%)	86,765	89,539	92,800	95,084	
5-29018	Electricity Services	 	6,660	6,993	7,343	7,710	
	Total Administration Operating:	 	476,622	489,859	504,035	517,710	
	Capital Outlay Administration		
5-29101	Equipment	10,000	-	-	-	
5-29102	Building	-	-	-	-	
5-29103	Other
Total Administration Capital Outlay:	 	-	-	-	-
 	10,000	-	-	-	
	 	TOTAL  ADMINISTRATION			 	1,591,636		 	1,649,934		 	1,709,660		 	1,770,868	
	WATER TREATMENT PLANT DIVISION									
	Personnel									
5-15001	Regular Salaries		306,337		313,995		321,845		329,891	
5-15002	Overtime		44,714		45,832		46,978		48,152	
5-15003	FICA		27,309		27,990		28,689		29,404	
5-15004	Retirement Contributions		31,595		32,384		33,194		34,024	
5-15008	Uniforms		2,004		2,048		2,093		2,139	
5-15010	Training & Education Costs		1,930		1,930		1,930		1,930	
5-15011	Annual PTO		4,520		4,619		4,721		4,825	

5-15012	Cell Stipend

WTP Operating

Total WTP Personnel:

 	1,409	1,440	1,472	1,504
 	419,818	430,238	440,922	451,869

5-30001	Other Contractual Services	82,164	83,807	85,483	87,193	
5-30002	Operations & Maintenance Services	2,463	2,512	2,562	2,613	
5-30003	Laboratory Services	25,139	25,642	26,155	26,678	
5-30004	Operating Supplies	8,511	8,681	8,855	9,032	
5-30005	Electricity Services	201,812	211,903	222,498	233,623	
5-30007	Plant Maintenance	110,572	113,115	115,717	118,378	
5-30009	Chemicals	282,698	288,352	294,119	300,001	
5-30010	Water Conservation Grant Program	9,000	9,000	9,000	9,000	
5-30011	Backflow Prevention Program	 	25,000	 	25,000	 	25,000	 	25,000	
	Total WTP Operating:	 	747,359	 	768,012	 	789,389	 	811,518	
	Capital Outlay WTP			
5-30101	Equipment		-	-	-	-	
5-30102	Building		-	-	-	-	
5-30103	Other
Total WTP Capital Outlay:		 	-	-	-	-
 	-	-	-	-	
	TOTAL WATER TREATMENT PLANT DIVISION			 	1,167,177	1,198,250	1,230,311	1,263,387	
	
WASTEWATER TREATMENT PLANT DIVISION		
-	-	-	-	

Personnel
5-16001	Regular Salaries	326,644	334,810	343,180	351,760	
5-16002	Overtime	41,098	42,125	43,178	44,257	
5-16003	FICA	28,596	29,310	30,041	30,790	
5-16004	Retirement Contributions	33,097	33,924	34,772	35,642	
5-16008	Uniforms	2,384	2,436	2,490	2,545	
5-16010	Training & Education Costs	2,607	2,607	2,607	2,607	
5-16011	Annual PTO	4,654	4,756	4,861	4,968	

5-16012	Cell Stipend

WWTP Operating

Total WWTP Personnel:

 	1,409	1,440	1,472	1,504
 	440,489	451,408	462,601	474,073

5-31001	Other Contractual Services	47,960	48,919	49,897	50,895	
5-31002	Operations & Maintenance Services	8,550	8,721	8,895	9,073	
5-31003	Laboratory Services	29,291	29,877	30,475	31,085	
5-31004	Operating Supplies	16,691	17,025	17,366	17,713	
5-31005	Sludge Disposal	91,024	92,844	94,701	96,595	
5-31006	Electricity Services	160,491	168,516	176,942	185,789	
5-31008	Plant Maintenance	47,780	48,879	50,003	51,153	
5-31010	Chemicals	 	117,224	 	123,085	 	129,239	 	135,701	
	Total WWTP Operating:	 	519,011	 	537,866	 	557,518	 	578,004	
	Capital Outlay WWTP					
5-31101	Equipment	-	30,000		-	
5-31102	Building		-	-	-	
5-31103	Other
Total WWTP Capital Outlay:		 	-	-	-	-
 	-	30,000	-	-	
	TOTAL WASTEWATER TREATMENT PLANT DIVISION		959,500	1,019,274	1,020,119	1,052,077	
	UNDERGROUND UTILITIES DIVISION			
	Personnel			
5-17001	Regular Salaries	494,318	506,676	519,343	532,327	
5-17002	Overtime	68,312	70,020	71,771	73,565	
5-17003	FICA	43,853	44,947	46,068	47,218	
5-17004	Retirement Contributions	50,637	51,903	53,200	54,530	
5-17008	Uniforms	6,113	6,247	6,384	6,524	
5-17010	Training & Education Costs	2,313	2,313	2,313	2,313	
5-17011	Annual PTO	7,284	7,444	7,608	7,775	

5-17012	Cell Stipend

UGU Operating

Total UGU Personnel:

 	3,331	3,404	3,479	3,556
 	676,161	692,954	710,166	727,808

5-32001	Other Contractual Services	292,397	298,245	304,210	310,294	
5-32002	Operations & Maintenance Services	114,207	116,491	118,821	121,197	
5-32003	Operating Supplies	97,769	99,724	101,718	103,752	
5-32004	Electricity Services	42,046	44,148	46,355	48,673	
5-32005	Vehicle Maintenance	27,241	27,786	28,342	28,909	
5-32006	Lift Station Maintenance	 	19,013	 	19,450	 	19,897	 	20,355	
	Total UGU Operating:	 	592,673	 	605,844	 	619,343	 	633,180	
Capital Outlay UGU

5-32101	Equipment		35,000	60,000	60,000	60,000	
5-32102	Building		-	-	-	-	
5-32104	New Meters		1,050	1,050	1,050	1,050	
5-32103	Other
Total UGU Capital Outlay:		 	-	-	-	-
 	36,050	61,050	61,050	61,050	
	TOTAL UNDERGROUND UTILITIES DIVISION			 	1,304,884	1,359,848	1,390,559	1,422,038	

5-18001	IRRIGATION DIVISION
Personnel
Regular Salaries		

44,875	45,997	47,147	48,326	
5-18002	Overtime		8,902	9,125	9,353	9,587	
5-18003	FICA		4,194	4,299	4,406	4,516	
5-18004	Retirement Contributions		4,840	4,961	5,085	5,212	
5-18008	Uniforms		782	799	817	835	
5-18009	Training & Education Costs		795	795	795	795	
5-18010	Annual PTO		789	806	824	842	
5-18011	Cell Stipend		 	256	262	268	274	
	Total IRR Personnel:
IRR Operating		 	65,433	67,044	68,695	70,387	
5-33001	Other Contractual Services	35,888	36,606	37,338	38,085	
5-33002	Operations & Maintenance Services	46,305	47,231	48,176	49,140	
5-33003	Laboratory Services	615	627	640	653	
5-33004	Operating Supplies	7,561	7,712	7,866	8,023	
5-33005	Electricity Services	148,826	156,267	164,080	172,284	
5-33008	Maintenance - Irrigation	31,284	32,004	32,740	33,493	
5-33010	Chemicals	 	20,362	 	21,380	 	22,449	 	23,571	

5-33101	Total IRR Operating:
Capital Outlay IRR
Equipment	 	290,841

-	 	301,827

30,000	 	313,289

-	 	325,249

-	
5-33102	Building	-	-	-	-	
5-33103	Other
Total IRR Capital Outlay:		 	-	-	-	-
 	-	30,000	-	-	
	TOTAL IRRIGATION DIVISION			 	356,274	398,871	381,984	395,636	
	SHOP & MAINTENANCE OPERATIONS DIVISION
Personnel			
5-40001	Regular Salaries	102,961	105,535	108,173	110,877	
5-40002	Overtime	7,661	7,853	8,049	8,250	
5-40003	FICA	8,623	8,838	9,058	9,284	
5-40004	Retirement Contributions	9,956	10,205	10,460	10,721	
5-40013	Uniforms	1,196	1,222	1,249	1,276	
5-40015	Training, Cont. Educ., and Licensing	2,006	2,006	2,006	2,006	
5-40016	Annual PTO	1,585	1,620	1,656	1,692	
5-40017	Cell Stipend	 	507	 	518	 	529	 	541	
	Total Shop & Maintenance Personnel:	 	134,495	 	137,797	 	141,180	 	144,647	
Shop & Maintenance Operating

5-41001	Operations & Maintenance Svc	5,976	6,096	6,218	6,342	
5-41002	Disposal Fees	1,673	1,706	1,740	1,775	
5-41003	Operating Supplies	4,458	4,561	4,666	4,773	
5-41006	Machinery & Equipment	 	9,951	 	10,449	 	10,971	 	11,520	

5-41101	Total Shop & Maintenance Operating: Capital Outlay Shop & Maintenance
Equipment	 	22,058

5,000	 	22,812	 	23,595	 	24,410	
5-41102	Building			
5-41103	Other
Total Shop & Maintenance Capital Outlay:		 	
 	5,000	-	-	-	
	TOTAL SHOP & MAINTENANCE OPERATIONS DIVISION		 	161,553	160,609	164,775	169,057	
	Total Operating Expenses		 	 	
 	6,078,709	 	6,340,486	 	6,505,289	 	6,664,121	
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	190,000	190,000	200,000	210,000	
5-27012	Interest 2014 Bond Issue Refi of 2004	356,235	349,965	343,695	337,095	
5-27008	Principal 2011 Bond Issue	1,165,000	1,200,000	1,235,000	1,270,000	
5-27007	Interest 2011 Bond issue	512,945	472,636	431,116	388,385	
5-27010	Principal 2013 Bond Issue	265,000	275,000	280,000	285,000	
5-27009	Interest 2013 Bond issue	 	108,265	 	100,448	 	92,335	 	84,075	
	TOTAL DEBT SERVICE:	 	2,597,445	 	2,588,049	 	2,582,146	 	2,574,555	

RATE STABILIZATION
Transfer Out to Rate Stabilization Fund

5-28127	Capital Improvement Program - WWTP Expansion
Required R&R Transfer to Capital (5%)	
464,317		
470,704		
480,647		
480,647	
	Additional R&R Transfer for CIP's Cash Carry Forward for R&R CIP
TOTAL CI & TRANSFERS EXPENSES:	350,000
 	-
 	814,317		275,000
 	-
 	745,704		275,000
 	-
 	755,647		275,000
 	-
 	755,647	
	Total Expenses	  $	9,490,471		   $	9,674,239		  $	9,843,082		   $	9,994,323	
	Total Revenues	  $	9,363,049		   $	9,548,611		  $	9,737,886		   $	9,930,945	
	Surplus/(Deficit) Before Transfer from (to) Operating Reserve	
(127,422)		
(125,628)		
(105,196)		
(63,378)	

TOTAL RATE STABILIZATION SERVICE: CAPITAL IMPROVEMENT & TRANSFERS

 	-	 	-	 	-	 	-
 	-	 	-	 	-	 	-

 	 	 	

Available Operating Cash Balance (Ending)

  $	3,658,456

$	3,532,828

$	3,427,632

$	3,364,254

*Coverage Provided (Required > 1.10)	1.28	1.29	1.27	1.29	
**Coverage w/R&R deducted (Required > 1.00)	1.09	1.09	1.08	1.09	
Index Rate Increase (included in revenues)	 	2.00%	 	2.00%	 	2.00%	 	2.00%	
Total Effective Rate Increase	 	2.00%	2.00%	2.00%	2.00%	

REVENUE SOURCES

St Lucie West Services District receives approximately 73.29% of their operating Revenues from the sale of water and wastewater service. Another 19.58% of the operating revenue is received from irrigation services. The FY 2020 Budget assumes no rate increase to all utility rates.

Billed Wastew ater Revenues $3,601,148.00 39.23%

Billed Irrigation Revenue
$1,797,512.00 19.58%

Billed  Water Revenues
$3,126,686.00 34.06%

Wholesale Water & Wastew ater $570,883.00 6.22%

Other Operating Revenue
$79,921.00 0.87%

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 2020 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 2020 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 2020 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 2020 budget assumes a 1.6% 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 2020. 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 2020 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 Underground Utilities Worker position for this FY. This year we are proposing to give a 1.6% 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 10% for FY 2020.

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 2020.

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. No expenditures planned for this fiscal year.

Building
This description is the same for all Division in the Utilities Department: This code is for buildings or land purchases over $1,000. No expenditures planned for 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. No 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. $45,000 planned for a spare aeration gear box and $405,000 for the sand filter upgrade project which will be split between Capital and $300,000 for WWTF Capacity Fee Funds. 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. $46,000 planned for a new dump truck which will be split between UGU and Stormwater Division for this fiscal year. No other expenditures planned for this FY.

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. No 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. No expenditures planned for this fiscal year.

The Total Operating Expenses are projected to be $6,393,049 for FY 2020.

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 decrease is due to restructuring of the bond in November of 2018 which lowered the rate for the duration of the bond saving close to $90,000 per year.

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 2020 FY.

Renewal & Replacement Transfer to Capital
This allocation captures the 5% minimum funding requirement to the Renewal & Replacement fund which is $465,317 for 2020FY and an additional $650,000 to fund the proposed capital expenditure items for future projects.

ST LUCIE WEST SERVICES DISTRICT CAPITAL FUNDING REVENUE AND EXPENDITURES

FY 2020 BUDGET

R&R	WCF	WWCF

Estimated Beginning Fund Balance

ADD REVENUES:	855,004	1,284,252	299,879	
Interest Revenues	-	70	300	
Impact Fee Revenues	-	3,832	2,876	
5% Required Transfer per Bond	465,317	-	-	
Additional Funding	650,000	-	-	
Cash Carry Forward for R&R CIP	-	-	-
 	-	 	-	 	-		
TOTAL REVENUES AVAILABLE	1,970,321	1,288,154	303,055	
DEDUCT EXPENDITURES:
Capital Improvement Projects	
1,834,013	1,200,000	300,000	
Transfer Out to WW Connection Fee Funds
Transfers Out to Pay Debt Service	
 	-	 	-	 	-		
TOTAL EXPENDITURES	1,834,013	1,200,000	300,000	
FUND BALANCE, SEPTEMBER 30	  $	136,308	 $	88,154	 $	3,055	

 	     
Actual FY
 	2018		 	FY 2019	 	FY 2020	 	FY 2021	 	FY 2022	 	FY 2023		 FY 2024 

Estimated Beginning Fund Balance	1,652,685	2,090,286	855,004	136,308	171,479	227,144	268,165	
ADD REVENUES:			-	
5-36001	Interest Revenues	6,191	-	-	-	-	-	-	
5-36007	5% Required Transfer per Bond	478,786	465,989	465,317	464,317	470,704	480,647	480,647	
	Additional Funding	1,300,000	775,000	650,000	350,000	275,000	275,000	275,000	
	Cash Carry Forward for R&R CIP		-	-	-	-	-	-	
TOTAL REVENUES AND FUNDS AVAILABLE	3,437,662	3,331,275	1,970,321	950,625	917,183	982,791	1,023,812	
DEDUCT EXPENDITURES:	-						
SW049	5-37004 Protective Coating Manholes	-	26,900	27,438	27,987	28,547	29,118	29,700	
SW064	5-37006	Replacement Meters	412,851	396,653	15,000	5,000	5,100	5,202	5,306	
SW001	5-37007	Lift Station Renewal & Replacement	133,174	180,390	142,194	143,616	145,052	146,503	147,968	
SW037	5-37009	Emergency Renewal & Replacement Projects	68,843	191,926	193,845	203,537	213,714	224,400	235,620	
SW047	5-37013	Structural Repairs Sewer Manholes	1,387	30,487	31,097	31,719	32,353	33,000	33,660	
SW050	5-37014	WTP Grounding System Improvements	-	50,000	-	-	-	-	-	
SW061	5-37017	Membrane Filter Replacement Program	-	-	200,000	208,000	210,080	
SW069	5-37018	Reuse Irrigation Pump Station Improvements	534,164	1,148,836	550,000	-	-	-	
SW066	5-37020	WWTF Plant Painting & Sealing of Tanks	-	-	200,000	-	-	-	-	
SW073	5-37027	Replacement Backflow Preventers	12,716	20,550	12,372	12,867	13,382	13,917	14,474	
SW078	5-37028	WTP Painting and Tank sealing			130,000					
SW081	5-37029	WTP Calcite Tank Project	-		145,000					
SW084	5-37031	Potable Water Flushing Devices	1,573	15,000	5,000	-	-	-	-	
SW085	5-37032	Emergency (Association Irrigation) R & R Projects	27,121	49,588	47,067	49,420	51,891	54,486	57,210	
SW087	5-37034	Irrigation SCADA Conversion		30,000						
SW088	5-37035	High Service Pump Station Control Upgrade	13,713	20,000	330,000					
SW089	5-37036	Reuse Pond Liner Protection (Concrete Border)								
SW090	5-37037	Clarifier Weir covers								
SW091	5-37038	Irrigation Automatic Flushing Devices	-	5,000	5,000	5,000				
SW092	5-37039	Repaving Utility site	-	-		175,000				
SW093	5-37040	Irrigation stormwater transfer line	141,834	20,941											
SW094	5-37041	Radio telemetry system upgrade	-	145,000											
SW095		Step Screen Replacement					125,000							
SW096		PLC Upgrade	-	145,000											
		TOTAL EXPENDITURES	1,347,376	2,476,271		1,834,013		779,146		690,039		714,626		734,018	
		FUND BALANCE, SEPTEMBER 30	    2,090,286	855,004		136,308		171,479		227,144		268,165		289,794	

 	     
Actual
    FY 2018	 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 

Estimated Beginning Fund Balance	1,213,014	1,280,350	1,284,252	88,154	92,056	95,958	99,860

ADD REVENUES:
5-36004	Interest Revenues	2,817	70	70	70	70	70	70	
5-36005	Impact Fee Revenues	64,519	3,832	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	-	400,000	
SW080	5-38013	WTP Concentrate Tank Expansion	-	-	

TOTAL REVENUES AND FUNDS AVAILABLE	1,280,350	1,284,252	1,288,154	92,056	95,958	99,860	103,762 DEDUCT EXPENDITURES:

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

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

TRANSFERS:
Transfers Out to Pay Debt Service	 	-		 	-	 	-	 	-	 	-	 	-	 	-	

 	 	    
Actual
    FY 2018	 FY 2019	 FY 2020 	FY 2021	 	FY 2022	 	FY 2023	 	FY 2024	

Estimated Beginning Fund Balance	247,184	296,741	299,879	3,055	5,934	8,816	11,701

ADD REVENUES:
5-36002	Interest Revenues	557	262	300	3	6	9	12	
5-36006	Impact Fee Revenues	49,000	2,876	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	-	-	300,000	-	-	-	
			-	-	-	-	-	-	-	

TOTAL REVENUES AND FUNDS AVAILABLE	296,741	299,879	303,055	5,934	8,816	11,701	14,589 DEDUCT EXPENDITURES:

TOTAL EXPENDITURES	-	-	300,000	-	-	-	-

FUND BALANCE, SEPTEMBER 30	 296,741	299,879	3,055	5,934	8,816	11,701	14,589

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 2018		FY 2019		FY 2019		FY 2019		FY 2020		FY 2021	FY 2022	FY 2023	FY 2024	
	
OPERATING REVENUE										
2-04001	Interest	$	2,577	$	1,926	2,000	$	2,000			2,000	2,000	2,000	
2-04002	Special Assessments	$ 1,848,504	$ 1,809,969	$ 2,064,907	$ 2,064,907			2,064,907	2,064,907	2,064,907	
2-04005	Miscellaneous Revenue (Prepayments)	 		 		 	-	 	0%			 	-	 	-	 	-	
	Total Revenues	  $ 1,851,081	  $ 1,811,895	  $ 2,066,907	  $ 2,066,907			   $ 2,066,907	   $ 2,066,907	  $ 2,066,907	
					$	200						
	OPERATING EXPENSES										
	Debt Service										
2-05001	Assessment Fees	44,553	45,827	40,100	40,100	40,100	40,100	40,100	40,100	40,100	
2-05002	Banking Services	5,919		6,000	6,000	6,000	6,000	6,000	6,000	6,000	
2-05014	Principal 2013	1,525,000		1,560,000	1,560,000	1,600,000	1,640,000	1,680,000	1,720,000	1,765,000	
2-05015	Interest 2013	347,688	174,521	326,403	326,403	279,477	231,363	182,061	131,571	79,819	
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	 	1,923,160 	220,348	1,942,503   -	1,942,503            1,935,577	1,927,463 	1,918,161 	1,907,671 	1,900,919
1,872,688	1,886,403	1,886,403	1,879,477	1,871,363	1,862,061	1,851,571	1,844,819

Surplus/(Deficit) Before Transfer from
(to) Operating Reserve	(72,079)	1,591,547	124,404   -	124,404

131,330

139,444	148,746	159,236	165,988

TRANSFER FROM (TO) OPERATING RESERVE

Surplus/(Deficit)

   $	(72,079)	$    1,591,547	$	124,404	$	124,404

$ 131,330 $

139,444 $

148,746 $

159,236 $

165,988

*Coverage Provided (Required > 1.10)	0.99	1.10	1.10	1.10	1.10	1.11	1.12	1.12
*Net Revenue / Bond Payment Requirements

-
390,091

-	- 391,138

-	
$ 390,091	$	391,138	

 	SERIES 2014 BOND	

	Actual		
Actual		
Estimate EOY		
Final Budget		
Budget				
Forecast		
	FY 2018		FY 2019		FY 2019		FY 2019		FY 2020		FY 2021	FY 2022	FY 2023	FY 2024	

OPERATING REVENUE															
Interest	-		-		-		-					-	-	-	
2-04007 Stormwater Revenue	391,417
-
 	-		195,641

 			388,223

 	-		388,223
-
 	- 					392,017

 	-	392,663

 	-	388,270

 	-	
Total Revenues	  $	391,417		  $ 195,641		  $	388,223		  $	388,223					   $	392,017	   $	392,663	  $	388,270	

OPERATING EXPENSES
Debt Service															
Assessment Fees	-	-	-	-	-	-	-	-	-	
Banking Services	-	-	-	-	-	-	-	-	-	
2-05016 Principal 2014	265,000	135,000	270,000	270,000	280,000	290,000	300,000	310,000	315,000	
2-05017 Interest 2014	126,417	60,641	118,223	118,223	110,091	101,138	92,017	82,663	73,270	
Misc	-		-	-	-	-	-	-	-	
COI	-		-		-	-	-	-	-	

Total Expenses	 	391,417 	195,641	388,223	388,223 	390,091	391,138 	392,017 	392,663 	388,270

Surplus/(Deficit) Before Transfer from

-

(to) Operating Reserve	-	-	-	-

-	-	-	-

TRANSFER FROM (TO) OPERATING RESERVE

Surplus/(Deficit)

   $	-	$	-	$	-	$	-      $	-	$	-	$

-	$	-       $	-