St. Lucie West Services District
Final Budget
For Fiscal Year Ending September 30, 2020

August 20, 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 staff will continue to work with the City of Port St. Lucie on a passive park use and landscaping plan
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.
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

100%

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

FY 2021
Total Expenses

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
$1,908,799). 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 $140,000 for FY 2020. The General Fund Renewal and Replacement Fund reflects $166,145 in Stormwater improvement projects with a fund balance over $370,000.

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	$ 1,072,389		$	1,072,389	
Storm Water Drainage Fees From City	$ 1,828,032		$	1,828,032	
City Special Assessment for Bond	$	390,091		$	390,091	
Other General Fund Revenues	40,669		$	40,669	
Utility Rate Revenues		$	8,589,766	$	8,589,766	
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	$ 3,331,181	$ 2,066,907	$	9,909	$	9,243,054	$	7,078	$	14,658,129	
Transfer In From General Fund		388,499	$	93,619			$	482,118	
Transfer In for Utility Fund R&R			$	1,115,317			$	1,115,317	
TOTAL REVENUES & TRANSFERS IN	$ 3,331,181	$ 2,455,406	$	1,218,845	$	9,243,054	$	7,078	$	16,255,564	
							
EXPENDITURES							
General Fund	$ 3,937,856					$	3,937,856	
General Fund Personnel	$ 2,070,711						
General Fund Operating	$	920,445						
General Fund Capital Outlay	$	946,700						
General Fund R&R			$	166,145			$	166,145	
Utility Operating Fund				$	7,627,606		$	7,627,606	
Utility Fund Personnel				$	2,760,799			
Utility Fund Operating				$	3,102,257			
Utiity Fund Capital Outlay				$	1,764,550			
Debt Service		$ 2,324,076		$	2,605,326		$	4,929,402	
Utility Fund R&R			$	1,908,799			$	1,908,799	
Water Connection Fee Fund					$	1,200,000	$	1,200,000	
Wastewater Connection Fee Fund					$	300,000	$	300,000	
TOTAL EXPENDITURES	$ 3,937,856	$ 2,324,076	$	2,074,944	$	10,232,932	$	1,500,000	$	20,069,808	
Transfer Out to General Fund R&R	$	93,619					$	93,619	
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	$ 4,421,566	$ 2,324,076	$	2,074,944	$	11,348,249	$	1,500,000	$	21,668,835	
Fund Balance/Reserves	$ 3,181,269	$	383,079	$	1,388,318	$	6,007,489	$	1,584,131	$	12,544,286	

NET ENDING BALANCE	
$ 2,090,884	
$	514,409	
$	532,219	
$	3,902,294	
$	91,209	
$	7,131,015	

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 $166,145. The total for the list of capital R&R items is $166,145 in the General Fund for FY 2020 and will leave a fund balance of over $370,000.

Project Maintenance Fees 1.21%
Interest 0.00%

Permit Fees 0.00%

Miscellaneous Fees 0.00%

City for Stormwater Bond Payment 11.97%

Special Assessments 32.10%

Storm Water Drainage Fees 54.71%

TOTAL REVENUES	$ 3,341,090

PERCENT
     TOTALS 	REVENUES	

Storm Water Drainage Fees	1,828,032	54.7%	
Special Assessments	1,072,389	32.1%	
City for Stormwater Bond Payment	400,000	12.0%	
Interest	100	0.0%	
Project Maintenance Fees	40,569	1.2%	
Permit Fees	-	0.0%	
Miscellaneous Fees	 	-		0.0%	
TOTAL OPERATIONAL REVENUE	$ 3,341,090	100.0%	

GENERAL FUND PRIOR YEARS BALANCE	
$ 3,181,269		

0%

1%

2%

0%
1%	0%

0%

Aquatics Division
Stormwater Maintenance Division Administration Division

3% 2%

1%

9%

16%

9%

16%

40%

Exotic Plant Removal Division Finance
Capital Improvement Projects R&R Fund 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	$ 4,431,475

PERCENT
CAPITAL
PERSONNEL  OPERATING  OUTLAY      TOTALS	EXPENDITURES

Aquatics Division	367,057	179,254	134,200	680,511	15.36%	
Stormwater Maintenance Division	456,678	148,368	108,000	713,046	16.09%	
Administration Division	880,769	202,612	682,500	1,765,881	39.85%	
Exotic Plant Removal Division	245,989	122,175	10,000	378,164	8.53%	
Finance		141,295		141,295	3.19%	
Capital Improvement Projects R&R Fund				103,528	2.34%	
Legal Services		34,482		34,482	0.78%	
Shop Operations	63,728	26,782	12,000	102,510	2.31%	
Engineering Services		38,658		38,658	0.87%	
District Manager	43,572	10,403		53,975	1.22%	
Board of Supervisors	12,918	2,555		15,473	0.35%	
Clerk to the Board		12,653		12,653	0.29%	
Pollution Control		-		-	0.00%	
Debt Service 2014 Bond				390,091	8.80%	
Grant Management	 	1,208	1,208	 	0.03%	
TOTAL EXPENDITURES	$ 2,070,711 $ 920,445 $ 946,700 $ 4,431,475	100.00%	

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	1,072,389	1,072,389	
Stormwater Drainage Fees	1,822,113	1,822,112	1,828,032	1,828,032	
City Stormwater Drainage Fee for Bond	400,000	400,000	400,000	400,000	
Other Revenues	 	1,152,985	 	41,073	 	73,995	 	40,669	
TOTAL OPERATING REVENUES	4,447,013	3,334,102	3,374,416	3,341,090	
FUND BALANCE, October 1	3,314,713	3,498,707	3,498,707	3,181,269	
TOTAL REVENUES AND FUNDS AVAILABL	7,761,726	6,832,809	6,873,123	6,522,359	

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	33,740	34,482	
Engineering Services	41,536	42,826	37,826	38,658	
Pollution Control	-	-	-	-	
Administration Division	830,559	1,714,992	1,090,067	1,765,881	
Aquatics Division	537,093	597,470	612,937	680,511	
Stormwater Maintenance Division	581,917	722,784	727,009	713,046	
Exotic Plant Removal Division	473,973	333,808	349,475	378,164	
Shop Operations	81,215	123,415	123,415	102,510	
Capital Improvement Projects R&R	1,127,359	95,323	140,323	103,528	
Capital Debt Service 2014 Bond	391,417	388,223	388,223	390,091	
TOTAL EXPENDITURES	4,263,019	4,254,166	3,691,854	4,431,475	
FUND BALANCE, SEPTEMBER 30	 	3,498,707	 	2,578,643	 	3,181,269	 	2,090,884	

-
-
- 1,828,032
40,569
100
1,072,389
-
-
-

390,091
9,909		
$	3,341,090		

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		
3,181,269	
	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		1,828,032		1,828,032		1,822,112		1,828,032			
1-04005	Project Maintenance Fees	40,569		40,569		40,569		40,569		40,569			
1-04006	Interest	119		123		123		50		123			
1-04007	Special Maintenance Assessments	1,071,915		1,072,389		1,072,389		1,070,917		1,072,389			
1-04008	Interfund Transfers	-				-		-		-			
1-04009	Miscellaneous Income	47,155		33,303		33,303		-		33,303			
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	 	400,000	 	400,000	 	11,777	 	11,777	
	Total Revenues	$	4,447,013	$	3,374,416	$	3,374,416	$	3,334,102	$	3,374,416	

1-05001	OPERATING EXPENSES
Board of Supervisors
Executive Salaries	

11,672	

7,857	

10,476	

12,000	

12,000	
1-05002	FICA	906	601	801	918	918	
1-05015	   Board Meeting Expenses	790	 	532	 	709	 	2,500	 	2,500	
	 	TOTAL BOARD OF SUPERVISORS	13,368	 	8,990	 	11,986	 	15,418	 	15,418	

1-06001	District Manager
Assessment Fees & Costs	
8,108	
8,299	
11,065	
8,344	
8,344	
1-06003	Operations & Maintenance Services	477	426	568	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	 	8,725	 	11,633	- 	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	18,105	24,140	31,371	31,371	32,061	
1-07005	Auditing	11,570	11,793	15,724	12,775	12,775	13,056	
1-07007	Banking Services	137	159	212	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	 	106,263	 	116,282	 	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	4,774	6,365	8,652	8,652	8,842		
1-13004	Postage & Freight	775	535	713	846	846	865		
1-13005	Printing & Binding	1,190	1,152	1,536	1,369	1,369	1,399		
1-13007	   Legal Ads	1,179	 	68	 	91	 	1,514	 	1,514	1,547	
	 	TOTAL CLERK TO THE BOARD	11,846	 	6,529	 	8,705	 	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

18,291	35,598	30,598

31,271
3,211		
34,482		

 	2,240	 	3,142	 	3,142
 	20,531   - 	38,740   - 	33,740

38,658		
38,658		

 	15,077	 	42,826	 	37,826
 	15,077   - 	42,826   - 	37,826

-
-

 	-	 	-	 	-	
 	-   - 	-   - 	-

235,495
644
17,997
20,856
386,141
21,598
- 1,700
868
6,685
-
-

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

237,000
1,405
20,115
22,696
406,697
21,600
1,956
1,724
2,070
7,200
5,279
496

319,792
1,440
28,948
32,832
455,740
22,032
2,005
1,762
2,616
7,200
5,395
1,007

ADMIN Operating

Total Administration Personnel:

 	691,984	761,113	728,238	880,769

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

50,415
3,520
3,023
9,444
684
2,268
3,419
1,195
- 3,279
25,980
3,151
65
2,160
11,527
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
12,420
1,086
4,010
3,419
3,250
20,400
3,909
34,858
6,884
3,199
5,000
13,756
1,000

77,780
6,997
3,950
12,668
1,108
5,090
3,487
3,315
20,400
3,987
36,601
7,022
3,263
2,500
14,444
-

 	121,130	174,729	200,179	202,612

- 612,500
147,420

- 612,500
166,650

-     10,000
151,650

- 682,500
-

Actual	
Actual YTD	
FY 2018	FY 2019	

31,883	
13,718	
l	1,342	 	1,680	
L	33,225	 	15,398	

s	41,536	
 	11,308	
G	41,536	 	11,308	

s	-	
 	-	
L	-	 	-	

238,051	
176,621	
1,013	483	
18,754	13,498	
18,872	15,642	
381,022	289,606	
16,254	16,198	
-		
1,000	724	
1,514	651	
6,943	5,014	
4,869		
 	-	 	-	
 	688,292	 	518,437	
42,717	37,811	
6,843	2,640	
4,048	2,267	
7,806	7,083	
591	513	
3,225	1,701	
654	2,566	
1,134	896	
1,183		
3,770	2,459	
34,629	19,485	
5,614	2,363	
2,538	49	
900	1,620	
12,509	8,645	
-	900	
128,162	90,998	

-		
875	7,251	
13,230	125,254	
14,105	132,505	

N	830,559		
	 	741,940	

Total Administration Capital Outlay:

 	TOTAL ADMINISTRATIO

 	759,920	779,150	161,650	682,500

 	1,573,034	 	1,714,992   - 	1,090,067	1,765,881

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	

187,219	
	8,584	
	14,490	
	15,119	
	2,018	
	1,090	
	 	125	
	 	228,645	
	8,123	
	760	
	4,658	
	7,772	
	64,451	
	 	3,560	
	 	89,324	
	55,575	
	-	
Total Aquatics Capital Outlay:	84,809	55,575	
			
TOTAL AQUATICS DIVISION	537,093	373,544	
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	-	

249,324	
	7,548	
	19,080	
	23,056	
	1,803	
	656	
	-	
	 	125	
	 	301,592	
	41,630	
	2,796	
	796	
	7,838	
	23,126	
	4,583	
	10,302	
	950	
	 	2,146	
	 	94,167	
	76,747	
Total Storm Water Capital Outlay:	20,614	76,747	
			
TOTAL STORM WATER MANAGEMENT DIVISION	581,917	472,506	

	
Estimate EOY FY 2019		
Orig. Budget FY 2019		Final Amended Budget
FY 2019		
Budget FY 2020	
1-14001			249,625		275,004		275,004		284,404	
1-14002			11,445		19,669		19,669		20,161	
1-14003			19,320		22,943		22,443		23,614	
1-14004			20,159		26,521		24,521		27,411	
1-14008			3,920		3,920		3,920		3,998	
1-14010			1,453		3,787		3,287		3,353	
1-14011			-		4,531		3,531		3,602	
1-14012			167		704		504		514	
			 	306,089			357,079		352,879	367,057	
1-31001			10,831	12,272	11,272	11,497	
1-31003			1,013	4,113	3,113	3,175	
1-31005			6,211	6,360	8,360	8,527	
1-31009			10,363	13,772	13,772	14,047	
1-31011			85,935	136,350	131,350	134,634	
1-31012			 	4,747	 	5,524	 	7,524	7,374	
			 	119,100	 	178,391	 	175,391	 	179,254	
1-31101			62,000	62,000	62,000	134,200	
1-31102			-	-	22,667	-	
1-31103			-	-	-	-	
			 	62,000	

 	487,189	62,000	
 	597,470 	84,667	
-	612,937		134,200
680,511	
1-16001	332,432	355,000	355,000	360,680	
1-16002	10,064	19,286	19,286	19,768	
1-16003	25,440	29,390	28,390	29,627	
1-16004	30,741	33,686	32,686	34,240	
1-16008	3,655	3,655	3,655	3,728	
1-16010	875	2,269	1,769	1,804	
1-16011	-	9,010	6,010	6,130	
1-16012	167	887	687	701	
	 	403,374		453,183		447,483	456,678
-	
1-34001	55,507	50,334	54,834	55,931	
1-34002	3,728	8,245	5,245	5,350	
1-34004	1,061	2,123	2,123	2,165	
1-34005	10,451	13,007	14,007	14,287	
1-34006	-	-	-	-	
1-34007	35,000	35,000	35,000	35,000	
1-34008	6,111	9,122	8,122	8,284	
1-34009	13,736	25,789	20,789	21,205	
1-34011	1,267	1,134	2,634	2,766	
1-34014	 	2,861	 	3,847	 	3,347	3,380	
	 	129,722	 	148,601	 	146,101	 	148,368	
1-34101			78,425	81,000	78,425	108,000	
1-34102			-	40,000	55,000	-	
1-34103			-	-	-	-	
			 	78,425	

 	611,521	121,000	
 	722,784 	133,425	
-	727,009		108,000
713,046	

		
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	113,546	151,395	166,277	165,277	198,621	
1-17002	Overtime	4,670	2,099	2,799	5,290	5,290	5,422	
1-17003	FICA	12,290	8,662	11,549	13,450	13,450	15,863	
1-17004	Retirement Contributions	14,642	10,368	13,824	15,441	14,441	18,364	
1-17008	Uniforms	2,306	1,714	2,285	3,123	3,123	3,185	
1-17010	Training, Cont. Educ., and Licensing	378	108	144	1,200	1,200	1,224	
1-17011	Annual PTO	1,139		-	3,786	2,786	2,842	
1-17012	Cell Stipend	 	-	 	-	-	459	459	468	

Total Exotic Plant Personnel: 	188,323	 	136,497 Exotic Plant Operating

 	181,996	209,026	206,026	245,989
-

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

13,765
3,760
11,584
2,034
3,757
 	57,497
 	92,397

18,353	25,182	24,182	24,666
5,013	7,115	7,115	7,257
15,445	18,190	18,190	18,554
2,712	9,084	7,084	7,226
5,009	6,211	5,211	5,472
 	59,000	 	59,000	 	59,000	59,000
 	105,532	 	124,782	 	120,782	 	122,175

Equipment Building Other

Total Exotic Plant Capital Outlay:

158,877
11,737
-
170,614

-
-

-
-
-
-

-
-
-
-

-     22,667
-
22,667

10,000
-
- 10,000

TOTAL EXOTIC PLANT REMOVAL DIVISION

473,973

228,894

 	287,528	 	333,808   -	349,475	378,164

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	30,377	40,503	45,852	45,852	46,586	
1-18002	Overtime	3,931	1,858	2,477	5,280	5,280	5,412	
1-18003	FICA	3,352	2,415	3,220	3,912	3,912	3,978	
1-18004	Retirement Contributions	2,650	2,466	3,288	4,602	4,602	4,680	
1-18013	Uniforms	363	124	165	590	590	602	
1-18015	Training, Cont. Educ., and Licensing	1,239	648	864	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	 	37,888	 	50,517	62,658	62,658	63,728
Shop Operating	-	
1-36001	Operations & Maintenance Svc	9,244	3,000	4,000	7,721	7,721	7,875	
1-36002	Disposal Fees	1,695	647	863	2,195	2,195	2,239	
1-36003	Operating Supplies	7,425	3,050	4,067	5,945	5,945	6,064	
1-36006	Machinery & Equipment	 	12,653	 	4,450	 	5,933	 	10,396	 	10,396	10,604	
Total Shop Operating: 	31,017	 	11,147	 	14,863	 	26,257	 	26,257	 	26,782	

1-36101
1-36102
1-36103

34,500	34,500	34,500

Capital Outlay Shop
Equipment Building Other

Total Shop Capital Outlay:

-
-
-
-

33,758
-
- 33,758

SHOP OPERATIONS DIVISION

81,215

82,793

12,000
-
-

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

 
 	99,880	 	123,415   -	123,415	102,510

Total Operating Expenses	2,744,243	2,056,890	3,243,366	3,770,620	3,163,308	3,937,856

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	53,619		
Add R&R Funding / Grant Revenue	5,732						30,000		75,000	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		140,323	103,528		
												
Total Expenses	$	4,263,019		$	2,056,890		$	3,243,366		$	4,254,166		$	3,691,854	$	4,431,475		
												
Total Revenues	$	4,447,013		$	3,374,416		$	3,374,416		$	3,334,102		$	3,374,416	$	3,341,090		
												
Surplus/(Deficit)	183,994		1,317,526		131,050		(920,064)		(317,438)	(1,090,385)		

Available Operating Cash Balance (Ending)

   $	3,498,707	$	4,816,233	$	3,629,757	$	2,578,643	$

3,181,269	$

2,090,884

	Budget				Forecast		
	FY 2020		FY 2021		FY 2022	FY 2023		FY 2024	
	
General Fund Balance (Beginning)	
3,181,269		
2,090,884		
1,777,135	1,498,134		
1,113,214	
	OPERATING REVENUE								
1-04001	Permit Fees	-		-		-	-		-	
1-04002	Grant Revenue	-		-		-	-		-	
1-04003	Miscellaneous Fees	-		-		-	-		-	
1-04004	Storm Water Drainage Fees From City	1,828,032		1,828,032		1,828,032	1,828,032		1,828,032	
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	1,072,389		1,072,389		1,136,589	1,200,789		1,414,789	
1-04008	Interfund Transfers	-		-		-	-		-	
1-04009	Miscellaneous Income	-		-		-	-		-	
1-04010	WMB Prepayment	-		-		-	-		-	
1-04012	Stormwater Drainage from City for Bond	390,091		390,091		391,138	392,017		388,270	
1-04014	Stormwater Drainage from City for Lake Harvey R&R	9,909		9,909		8,862	7,983		11,730	
	Total Revenues	$	3,341,090		$ 3,341,100		
$	3,405,311	$ 3,469,523		$	3,683,536	
	
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	31,271	31,959		32,662		33,381		34,115	
1-23001	Special Counsel	3,211	3,282		3,354		3,428		3,503	
	TOTAL LEGAL COUNSEL	34,482	35,241		36,016		36,809		37,618	
	
Engineering Services									
1-26002	Engineering Services	38,658	39,508		40,377		41,265		42,173	
	TOTAL ENGINEERING	38,658	39,508		40,377		41,265		42,173	
	
Pollution Control									
1-29002	Regulatory & Permit Fees	-	-		-		-		-	
	TOTAL POLLUTION CONTROL	-	-		-		-		-	
	
ADMINISTRATION DIVISION									
	Personnel									
1-15001	Regular Salaries	319,792	327,787		335,982		344,382		352,992	
1-15002	Overtime	1,440	1,476		1,513		1,551		1,590	
1-15003	FICA	28,948	29,647		30,362		31,096		31,847	
1-15004	Retirement Contributions	32,832	33,641		34,471		35,320		36,191	
1-15005	Health/Life/Dental Insurance	455,740	487,642		521,777		558,301		597,382	
1-15006	Workers Comp	22,032	22,473		22,922		23,380		23,848	
1-15007	Unemployment Insurance	2,005	2,055		2,106		2,159		2,213	
1-15010	Uniforms	1,762	1,801		1,841		1,882		1,923	
1-15012	Training, Cont. Educ., and Licensing	2,616	2,674		2,733		2,793		2,854	
1-15014	Annual PTO	5,395	5,514		5,635		5,759		5,886	
1-15015	Cell Stipend	1,007	1,029		1,052		1,075		1,099	
Total Administration Personnel: 	880,769	922,939	967,594	1,014,898	1,065,025
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	12,668	12,921	13,179	13,443	13,712	
1-33006	Postage & Freight	1,108	1,130	1,153	1,176	1,200	
	Electricity Services	5,090	5,446	5,827	6,235	6,671	
1-33010	Equipment Leasing	3,487	3,557	3,628	3,701	3,775	
	Administration Maintenance	3,315	3,381	3,449	3,518	3,588	
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:	202,612	207,991	211,074	216,868	222,883	

	Capital Outlay Administration		
1-33101	Equipment	-	15,000	-	-	-	
1-33102	Building	682,500	-	-	-	-	
1-33103	Other	-	-	-	-	-	
Total Administration Capital Outlay: 	682,500	15,000	-	-	-
 	TOTAL ADMINISTRATION	1,765,881	1,145,930 	1,178,668 	1,231,766 	1,287,908 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	23,614	24,203	24,806	25,425	26,059	
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	3,602	3,674	3,747	3,822	3,898	
1-14012	Cell Stipend	514	524	534	545	556	
Total Aquatics Personnel: 	367,057	376,174	385,518	395,096	404,911
Aquatics Operating	
1-31001	Operations & Maintenance Svc		11,497	11,727		11,962		12,201		12,445	
1-31003	Disposal Fees		3,175	3,239		3,304		3,370		3,437	
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		134,634	141,366		148,434		155,856		163,649	
1-31012	Machinery & Equipment		7,374	7,221		7,065		6,906		6,744	
		Total Aquatics Operating:	179,254	186,579		194,252		202,289		210,710	
	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	680,511	562,753	579,770	651,385	630,621	
	
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	29,627	30,365	31,121	31,897	32,691	
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	6,130	6,253	6,378	6,506	6,636	
1-16012	Cell Stipend	701	715	729	744	759	
Total Storm Water Personnel: 	456,678	468,031	479,666	491,592	503,812
Storm Water Operating	
1-34001	Operations & Maintenance Svc	55,931	57,050	58,191	59,355	60,542	
1-34002	Laboratory Services	5,350	5,457	5,566	5,677	5,791	
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	8,284	8,450	8,619	8,791	8,967
1-34009    Equipment Maintenance	21,205	21,629	22,062	22,503	22,953
1-34011    Chemicals	2,766	2,904	3,049	3,201	3,361
1-34014    Electricity Services	3,380	 	3,617 	3,798 	3,988 	4,187
Total Storm Water Operating: 	148,368	 	140,888 	143,401 	145,973 	148,608

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	713,046	618,919	663,067	637,565	652,420	
	
EXOTIC PLANT REMOVAL DIVISION						
	Personnel						
1-17001	Regular Salaries	198,621	203,587	208,677	213,894	219,241	
1-17002	Overtime	5,422	5,558	5,697	5,839	5,985	
1-17003	FICA	15,863	16,258	16,663	17,078	17,504	
1-17004	Retirement Contributions	18,364	18,823	19,294	19,776	20,270	
1-17008	Uniforms	3,185	3,249	3,314	3,380	3,448	
1-17011	Annual PTO	2,842	2,899	2,957	3,016	3,076	
1-17012	Cell Stipend	468	477	487	497	507	
Total Exotic Plant Personnel: 	245,989	252,099	258,362	264,778	271,355
Exotic Plant Operating	
1-35001	Operations & Maintenance Svc		24,666	25,159		25,662		26,175		26,699	
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		5,472	5,746		6,033		6,335		6,652	
1-35010	Maintenance Contracts		59,000	59,000		59,000		59,000		-	
		Total Exotic Plant Operating:	122,175	123,603		125,067		126,569		69,111	
	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	378,164	443,702	383,429	431,347	340,466	
	
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	3,937,856	3,161,230	3,197,483	3,364,404	3,320,956 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	53,619	53,619	56,829	60,039	70,739	
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: 	103,528	102,481 	94,812 	97,376 	112,469

Total Expenses

  $	4,431,475	$ 3,654,849

   $	3,684,312

   $ 3,854,443

   $	3,821,695

Total Revenues	$	3,341,090	$ 3,341,100		   $	3,405,311		   $ 3,469,523		   $	3,683,536	
									
Surplus/(Deficit)	(1,090,385)	(313,749)		(279,001)		(384,920)		(138,159)	

Available Operating Cash Balance (Ending)

  $	2,090,884	$ 1,777,135

$	1,498,134

$   1,113,214	$

975,055

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	438,951	376,334	309,347	229,786	151,077

ADD REVENUES:

Grant Revenue	5,867	75,000
Interest Revenues	-	-	-	-	-	-	-
5% Recommended Annual Transfer + Additional Annual Transfer	54,044	53,546	53,619	53,619	53,619	56,829	60,039	
Additional funds from General Surplus Funds	1,059,000	75,000	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	1,283,543	542,479	478,815	400,949	323,952	252,846

DEDUCT EXPENDITURES:
WM001	1-46001     Stormwater Emergency Renewal and Replacement	73,593	207,005	166,145	169,468	171,163	172,875	174,604
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	4,591	-	-	-	-	-	
WM020	1-46014	6B Relocation Project	12,004	597,996	-	-	-	-	-	
WM021	1-46015	CCE Stormwater Improvement Projects	 			 	35,000		 	-			 	-			 	-			 	-			 	-		
		TOTAL EXPENDITURES	582,673		844,592		166,145		169,468		171,163		172,875		174,604	
		FUND BALANCE, SEPTEMBER 30	 	1,068,220		438,951		376,334		309,347		229,786		151,077		78,242	

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. Plans for the construction of a new Administration building estimated at $682,500 which 35% of the construction cost split with the Utility Fund. No other expenditures planned for this fiscal year.

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

Aquatics Personnel

Regular Salaries; Overtime; FICA; Retirement Contributions; 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 $134,200 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: $ 166,145

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 $10,000 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
$5,173,349. 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 $1,908,799; the Water Connection Fee Budget is $1,200,000; the Wastewater Connection Fee Budget is $300,000 and the Capital Outlay Budget is $1,764,550 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 $159,980, 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 construction of a new Administration Building for $1,267,500. Rerating and rehabilitation of a WWTF sand filter for $405,000. And replacement of vehicles and equipment all totaling for $91,000.

AFPI Revenue $2,484.00 0.03%

Other Operating Revenue
$79,921.00 0.86%

Wholesale Water & Wastewater $570,883.00 6.18%

Billed Water Revenues
$3,167,663.00 34.27%

Billed Irrigation Revenue
$1,797,512.00 19.45%

Billed Wastewater Revenues $3,624,591.00 39.21%

TOTAL REVENUES	$	9,243,054		

 	TOTALS		
PERCENT
 	REVENUES		
Billed Water Revenues	$ 3,167,663.00	34.271%	
Billed Wastewater Revenues	$ 3,624,591.00	39.214%	
Billed Irrigation Revenue	$ 1,797,512.00	19.447%	
Wholesale Water & Wastewater	$ 570,883.00	6.176%	
AFPI Revenue	$	2,484.00	0.027%	
Other Operating Revenue	  $	79,921.00	 	0.865%	
TOTAL REVENUE	$	9,243,054	100.00%	

W&S PRIOR YEARS FUND BALANCE	
$	6,007,489		

Board of Supervisors 0.12%

District Manager 0.40%

Rate Stabilization Fund Transfer
0.00%

Property Control 0.09%
Utility Rate Consultant 0.14%

Clerk to the Board 0.15%

R & R Transfers 9.83%

Finance 2.95%

Legal Services 0.38%

Rate Stabilization Fund 0.90%

 	 Engineering Services
0.86%

Shop Division Irrigati1o%n Division
3.17%

Administration Division 24.31%

Underground Utilities Division 11.37%

Wastewater Treatment Plant Division
11.98%

Water Treatment Plant Division
9.95%

TOTAL EXPENDITURES	$ 11,348,249

PERCENT
CAPITAL
PERSONNEL OPERATING	OUTLAY	 	TOTALS	EXPENDITURES

Board of Supervisors	12,918	1,178		$	14,096	0.124%	
District Manager	43,572	1,426		$	44,998	0.397%	
Finance		334,912		$	334,912	2.951%	
Property Control		10,006		$	10,006	0.088%	
Utility Rate Consultant		15,847		$	15,847	0.140%	
Clerk to the Board		16,590		$	16,590	0.146%	
Legal Services		43,314		$	43,314	0.382%	
Engineering Services		97,566		$	97,566	0.860%	
Administration Division	1,030,918	460,247	1,267,500	$	2,758,665	24.309%	
Water Treatment Plant Division	404,876	724,341	-	$	1,129,217	9.951%	
Wastewater Treatment Plant Division	420,467	488,694	450,000	$	1,359,161	11.977%	
Underground Utilities Division	657,515	585,953	47,050	$	1,290,518	11.372%	
Irrigation Division	59,371	300,849	-	$	360,220	3.174%	
Shop Division	131,162	21,334	-	$	152,496	1.344%	
Debt Service Payments				2,605,326	22.958%	
Rate Stabilization Fund Transfer				-	0.000%	
R & R Transfers	 	1,115,317	 	9.828%	
TOTAL EXPENDITURES	$ 2,760,799	$ 3,102,257	$  1,764,550	$ 11,348,249	100.00%	

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

ADD REVENUES:	 	FY 2018	
 	ACTUAL		 	FY 2019	 ORIGINAL BUDGET	 	FY 2019	
 	ESTIMATE		 	FY 2020	
   PROPOSED 	
Billed Water Revenues	3,061,920	3,110,742	3,169,914	3,167,663	
Billed Wastewater Revenues	3,557,463	3,578,988	3,625,389	3,624,591	
Billed Irrigation Revenue	1,783,236	1,797,512	1,791,524	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	 	168,596	 	79,921	
TOTAL OPERATING REVENUES	9,150,220	9,135,132	9,321,392	9,243,054	
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	6,007,489	
TOTAL REVENUES AND FUNDS AVAILABLE	16,140,838	15,822,796	16,009,056	15,250,543	

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	263,882	334,912	
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	42,570	43,314	
Engineering Services	24,416	41,588	96,600	97,566	
Administration Division	1,177,148	2,576,624	1,505,853	2,758,665	
Water Treatment Plant Division	1,007,592	1,130,820	1,154,420	1,129,217	
Wastewater Treatment Plant Division	790,922	943,890	1,034,540	1,359,161	
Underground Utilities Division	1,241,501	1,311,496	1,382,500	1,290,518	
Irrigation Division	312,363	338,392	338,017	360,220	
Shop Division	113,682	183,268	183,168	152,496	
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	10,001,567	11,348,249

FUND BALANCE, SEPTEMBER 30	 	6,687,664	 	4,926,550	 	6,007,489	 	3,902,294

Budget FY 2020

Final Amended Budget
FY 2019

Orig. Budget FY 2019

Estimate EOY FY 2019

Actual YTD FY 2019

Actual FY 2018

8	9	651,332
Water & Sewer Fund Balance (Beginning)	6,990,618	6,687,664	6,687,664	6,687,664	6,687,664	6,007,489
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	
2,113,276	-
3,169,914	-
3,110,742	-
3,169,914	-
3,167,663	
5-04106	Billed Water Revenue Base			-				
5-04007	Billed Wastewater Revenue Consumption	3,557,463	2,442,259	3,663,389	3,578,988	3,625,389	3,624,591	
5-04107	Billed Wastewater Revenue Base			-				
5-04009	Billed Irrigation Revenue Consumption	1,783,236	1,194,349	1,791,524	1,797,512	1,791,524	1,797,512	
5-04109	Billed Irrigation Revenue Base			-				
5-04010	Late Fees	71,777	53,045	53,046	38,000	53,046	38,000	
5-04012	Miscellaneous Fees	46,137	75,720	75,720	5,000	75,720	5,000	
5-04014	Wholesale Water Revenue	266,871	186,349	279,524	267,829	267,829	271,551	
5-04018	Meter Set Fees	5,429	25	38	3,550	38	1,550	
5-04021	Wholesale Wastewater Revenue	299,643	205,130	307,695	295,656	295,656	299,332	
5-04022	Interest (Operating)	15,704	12,432	9,992	5,571	9,992	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	1,601	1,359	1,359	1,359	
5-04035	 Wastewater Impact (AFPI)	19,139	 	883	 	1,325	 	1,125	 	1,125	1,125	
 	Total Revenues	$	9,150,220	 $ 6,284,535	  $	9,353,768	   $	9,135,132	   $	9,321,392	$ 9,243,054	
	OPERATING EXPENSES
Board of Supervisors						
5-05001	Executive Salaries	11,672	7,857	10,476	12,000	12,000	12,000	
5-05002	FICA	906	601	801	918	918	918	
5-05004	   Board Meeting Expenses	795	 	532	 	709	 	1,153	 	1,153	1,178	
	 	TOTAL BOARD OF SUPERVISORS	13,373	 	8,990	 	11,986	 	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	 	489	 	652	 	1,395	 	1,395	1,426	
	 	TOTAL DISTRICT MANAGER	16,299	 	489	 	652	 	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	27,157	36,209	46,765	46,765	47,794	
5-07004	Auditing	14,430	14,708	15,445	15,445	15,445	15,785	
5-07006	Banking Services	19,542	12,719	16,959	20,350	20,350	20,798	
5-07007	Property & Casualty Insurance	152,428	157,299	159,283	159,283	159,283	202,947	
5-07009	   Bad Debt	989	 	1,888	 	2,517	 	42,400	 	17,400	42,900	
	 	TOTAL FINANCE	227,249	 	213,771	 	230,413	 	288,882	 	263,882	334,912	
	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	764	1,019	4,779	4,779	4,884	
5-09004	Computer Hardware/Supplies	-	995	1,327	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

8	 	9		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	 	3,103

 	829
 	829

7,037
803
1,688
 	68
 	9,596

13,718
 	1,680
 	15,398

 	86,646
 	86,646

239,810
561
17,912
22,743
328,275
23,309

862
602
5,014

 	501
 	639,589	 	4,234	10,867	13,867

 	15,506	15,506	15,506
 	15,506	15,506	15,506

9,383	10,631	10,631
1,071	1,517	1,517
2,251	2,316	2,316
 	91	 	1,769	 	1,769
 	12,796	 	16,233	 	16,233

18,291	38,803	33,803
 	2,240	 	8,767	 	8,767
 	20,531	 	47,570	 	42,570

 	115,528	 	41,588	 	96,600
 	115,528	 	41,588	 	96,600

319,747	378,000	378,000
748	1,853	1,853
23,883	32,378	28,378
30,324	36,527	36,527
437,700	483,385	483,385
32,547	32,547	32,547
-	2,135	2,135
1,149	3,557	3,557
803	2,196	2,196
6,685	7,200	7,200
-	8,800	8,800
 	668	1,393	1,393
 	854,254	989,971	985,971	10,006

15,847
15,847

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

34,547
8,767
43,314

97,566
 	97,566

359,048
1,899
32,569
36,407
537,584
34,174
2,188
3,635
2,196
10,800
8,994
1,424
1,030,918	
5-29001	Other Contractual Services	148,808	116,888	155,851	173,092	234,092	197,774	
5-29002	Website Maintenance	4,795	2,640	3,520	4,458	4,458	4,547	
5-29003	Operating Supplies	4,212	5,106	6,808	5,475	6,475	6,605	
5-29004	Storm Water Fees	42,355	42,355	42,355	33,884	42,355	33,884	
5-29005	Telephone & Cell Service	10,398	9,134	12,179	11,995	13,495	13,765	
5-29006	Postage & Freight	31,707	22,605	30,140	36,604	34,604	35,296	
5-29007	Equipment Leasing	905	2,597	2,600	2,220	2,620	2,672	
5-29008	Administrative Maintenance	1,820	390	520	2,292	1,892	1,930	
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	-	2,673	
	29,110	
	6,561	
	880	
	6,685	
	1,175	
	248,799	
	21,758	
	6,063	
	-	
	27,821	
	 	916,209	
	
168,089	
	31,527	
	15,574	
	17,138	
	838	
	1,785	
	 	491	
	 	235,442	
	48,242	
	13,165	
	3,556	
	122,541	
	67,914	
	219,500	
	9,760	
	 	3,210	
	 	487,888	
	18,850	
	-	
	-	
Total WTP Capital Outlay:	-	18,850	
			
TOTAL WATER TREATMENT PLANT DIVISION	1,007,592	742,180	

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

8	9	651,332

3,898
48,448
13,529
1,489
6,685
84,393
5,332
460,247

Budget FY 2020

Final Amended Budget
FY 2019

Orig. Budget FY 2019

Estimate EOY FY 2019

Actual YTD FY 2019

Actual FY 2018

3,564	3,859	3,859
38,813	45,922	45,922
8,748	12,644	12,644
1,173	1,460	1,460
6,685	6,685	6,685
-	79,268	59,268
 	1,567	7,295	3,295
 	314,523	427,153	473,124

- 1,267,500
-

21,758	22,000	21,758
1,137,500	1,137,500	25,000
 	-	-	
 	1,159,258	1,159,500	46,758	 	1,267,500

 	2,328,035	 	2,576,624	 	1,505,853	 	2,758,665

224,119	295,253	285,253	295,817
42,036	37,559	42,559	43,623
20,765	25,894	24,894	26,324
22,851	29,953	24,953	30,550
1,919	1,919	1,919	1,961
1,930	1,930	1,930	1,930
-	4,328	3,328	3,401
 	655	1,349	949	1,270
 	314,275	398,185	385,785	 	404,876

64,323	80,974	72,974	74,433
-	2,368	1,868	1,905
17,553	25,163	22,163	22,606
4,741	8,180	6,180	6,304
163,388	190,073	190,073	192,202
105,656	84,156	115,656	93,316
292,667	256,721	292,721	298,575
10,000	8,000	10,000	10,000
 	25,000	 	25,000	 	5,000	25,000
 	683,328	 	680,635	 	716,635	 	724,341

-
-

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

 	997,603	 	1,130,820	1,154,420	 	1,129,217

-	-

Budget FY 2020

Final Amended Budget
FY 2019

Orig. Budget FY 2019

Estimate EOY FY 2019

Actual YTD FY 2019

Actual FY 2018

8	9	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	214,009
19,519
17,563
19,182
1,697
721	285,345	313,658	313,658
26,025	39,118	38,118
23,417	27,431	26,431
25,576	31,750	29,750
2,283	2,283	2,283
961	2,607	1,807
-	4,456	3,456	313,677
39,071
27,330
31,747
2,333
1,807
3,532	
5-16012	Cell Stipend	 	366	 	493	 	657	1,349	949	970	
		Total WWTP Personnel: 	351,609	 	273,184	 	364,264	422,652	416,452	 	420,467	
	WWTP Operating			-		
5-31001	Other Contractual Services	46,722	16,981	22,641	46,098	31,098	31,720	
5-31002	Operations & Maintenance Services	4,851	3,550	4,733	8,218	7,218	7,362	
5-31003	Laboratory Services	20,258	11,701	15,601	29,154	27,154	27,697	
5-31004	Operating Supplies	12,874	10,897	14,529	16,043	16,043	16,364	
5-31005	Sludge Disposal	78,092	47,469	63,292	89,587	82,587	89,239	
5-31006	Electricity Services	146,653	99,428	132,571	151,156	151,156	152,849	
5-31008	Plant Maintenance	40,661	24,015	32,020	45,656	50,656	51,821	
5-31010	Chemicals	 	79,732	 	58,287	 	77,716	 	111,326	 	106,326	111,642	
Total WWTP Operating: 	429,843	 	272,328	 	363,103	 	497,238	 	472,238	 	488,694	
	Capital Outlay WWTP					
5-31101	Equipment	-	28,850		30,850	24,000	30,850	45,000	
5-31102	Building	9,470	16,356		20,000	-	115,000	405,000	
5-31103	Other	-	-		 	-	-	-		-	
	Total WWTP Capital Outlay:	9,470	45,206		 	50,850	24,000	145,850	 	450,000	

	TOTAL WASTEWATER TREATMENT PLANT DIVISION	790,922	590,718		 	778,217	 	943,890	1,034,540	 	1,359,161	
	UNDERGROUND UTILITIES DIVISION					
	Personnel					
5-17001	Regular Salaries	413,318	300,341		400,455	445,139	445,139	483,761	
5-17002	Overtime	62,691	41,874		55,832	65,020	64,020	65,621	
5-17003	FICA	35,268	25,796		34,395	39,805	38,805	42,588	
5-17004	Retirement Contributions	43,871	30,049		40,065	45,914	44,914	49,444	
5-17008	Uniforms	4,616	4,300		5,733	5,852	5,852	5,981	
5-17010	Training & Education Costs	1,687	4,111		4,200	2,313	4,300	2,800	
5-17011	Annual PTO	1,561			-	6,974	4,974	5,083	
5-17012	Cell Stipend	 	1,424	 	814		 	1,085	3,189	2,189	2,237	
	Total UGU Personnel: 	564,437	 	407,285		 	541,765	614,206	610,193	 	657,515	
	UGU Operating									
5-32001	Other Contractual Services	320,223	209,615	279,487	281,043	281,043	286,664	
5-32002	Operations & Maintenance Services	107,879	72,992	97,323	94,773	107,773	109,928	
5-32003	Operating Supplies	96,914	48,665	64,887	93,973	93,973	95,852	
5-32004	Electricity Services	40,324	26,583	35,444	38,600	40,600	41,055	
5-32005	Vehicle Maintenance	16,199	16,103	21,471	18,683	26,183	26,707	
5-32006	Lift Station Maintenance	 	11,234	 	21,460	 	28,613	 	18,168	 	25,168	25,747	
	Total UGU Operating: 	592,773	 	395,418	 	527,225	 	545,240	 	574,740	 	585,953	
	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

8	9	651,332
5-32101	Equipment	67,700
5-32102	Building	16,591
5-32104	New Meters	-	101,209
21,115	105,850	111,000	105,850
78,500	40,000	90,667
-	1,050	1,050	46,000
- 1,050	
5-32103	Other	-		 	-	-	-		-	
	Total UGU Capital Outlay:	84,291	122,324	 	184,350	152,050	197,567	 	47,050	

	TOTAL UNDERGROUND UTILITIES DIVISION	1,241,501	925,027	 	1,253,340	 	1,311,496	1,382,500	 	1,290,518	
	IRRIGATION DIVISION
Personnel					
5-18001	Regular Salaries	37,968	27,578	36,771	42,712	42,712	43,780	
5-18002	Overtime	4,334	476	635	8,473	4,973	5,097	
5-18003	FICA	3,042	2,048	2,731	3,992	3,492	3,817	
5-18004	Retirement Contributions	3,892	2,615	3,487	4,607	4,107	4,399	
5-18008	Uniforms	402	284	379	749	549	561	
5-18009	Training & Education Costs	328	100	133	795	695	695	
5-18010	Annual PTO	-		-	755	755	772	
5-18011	Cell Stipend	 	-		 		 	-	245	245	250	
		Total IRR Personnel: 	49,965	 	33,101	 	44,136	62,328	57,528	 	59,371	
	IRR Operating								
5-33001	Other Contractual Services	37,652	14,598	19,464	34,494	33,494	34,164	
5-33002	Operations & Maintenance Services	40,220	37,473	44,507	34,507	46,507	47,437	
5-33003	Laboratory Services	8,594	-	-	591	591	603	
5-33004	Operating Supplies		6,353	8,471	8,268	8,268	8,433	
5-33005	Electricity Services	138,754	86,900	115,867	141,169	140,169	141,739	
5-33008	Maintenance - Irrigation	23,827	9,660	24,000	24,566	24,566	50,131	
5-33010	Chemicals	 	13,352	 	12,499	 	16,665	 	20,469	 	17,469	18,342	
Total IRR Operating: 	262,398	 	167,483	 	228,974	 	264,064	 	271,064	 	300,849	
	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	 	210,009	 	273,110	 	338,392	338,017	 	360,220	
	SHOP & MAINTENANCE OPERATIONS DIVISION
Personnel				
5-40001	Regular Salaries	79,039	65,804	87,739	98,000	98,000	100,450	
5-40002	Overtime	7,660	5,039	6,719	7,292	7,292	7,474	
5-40003	FICA	14,256	5,325	7,100	8,208	8,208	8,405	
5-40004	Retirement Contributions	7,305	6,059	8,079	9,476	9,476	9,713	
5-40013	Uniforms	153	468	624	1,145	1,145	1,170	
5-40015	Training, Cont. Educ., and Licensing	40	506	675	2,006	2,006	2,006	
5-40016	Annual PTO	3,731		-	1,518	1,518	1,551	
5-40017	Cell Stipend	 	15	115	 	153	 	485	 	385	393	
	Total Shop & Maintenance Personnel: 	112,200	83,316	 	111,089	 	128,130	 	128,030	 	131,162	
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

8	9	651,332

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

5-41001	Operations & Maintenance Svc	-	1,885	2,513	5,744	5,744
5-41002	Disposal Fees	-	419	559    -	1,608	1,608

13889

10,417

5-41003	Operating Supplies			32	3,807	5,076   -	4,260		4,260 5-41006	Machinery & Equipment	 	1,449	4,306	5,741    - 	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	120,962	 	159,478	183,268	183,168	 	152,496

Total Operating Expenses	 	5,003,509	3,843,927	 	6,201,429	6,946,602	 	6,085,122	 	7,627,606

-	 	-		-	
-	 	-	 	-	
	
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		
	186,855		
	295,551		
	 	50,848	 		
	 	533,254	 	-	
	
 	-	
 		
	 	-	 	-	
	
-	
-	
	-		
	-	-	

-	-
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	$  4,377,181	$	6,201,429	$	10,896,246

   $	10,001,567

   $ 11,348,249

 	 	 	

Total Revenues

$	9,150,220

   $	9,353,768	$	9,135,132

   $	9,321,392

$ 6,284,535

$ 9,243,054

Surplus/(Deficit) Before Transfer from
(to) Operating Reserve	(302,954)	1,907,354	3,152,339	(1,761,114)	(680,175)		(2,105,195)

Budget FY 2020

Final Amended Budget
FY 2019

Orig. Budget FY 2019

Estimate EOY FY 2019

Actual YTD FY 2019

Actual FY 2018

8	9	651,332

Available Operating Cash Balance (Ending)

  $	6,687,664	$  8,595,018	$	9,840,003	$	4,926,550

$	6,007,489

$ 3,902,294

*Coverage Provided (Required > 1.10)	1.57	1.34	1.39	1.30	
**Coverage w/R&R deducted (Required > 1.00)	1.35	1.14	1.18	1.10	
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)	3,902,294	3,895,754	3,894,681	3,917,473	
Rate Stabilization Fund Balance (Beginning) OPERATING REVENUE
Grants	531,020

-	531,020

-	531,020

-	531,020

-	
5-04006	Billed Water Revenue Consumption	3,231,016	2.0%	3,295,636	2.0%	3,361,549	2.0%	3,428,780	
5-04106	Billed Water Revenue Base								
5-04007	Billed Wastewater Revenue Consumption	3,697,083		3,771,025		3,846,446		3,923,375	
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		  $	9,428,757		   $	9,615,634		  $	9,806,250		   $ 10,000,677	

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		 	43,800	 	44,700	 	45,600	 	46,500	
	 	TOTAL FINANCE		 	313,865	 	325,669	 	375,448	 	354,130	

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		
35,307	36,084	36,878	37,689	
5-23001	   Special Counsel			 	8,767	 	8,767	 	8,767	 	8,767	
	 	TOTAL LEGAL COUNSEL			 	44,074	 	44,851	 	45,645	 	46,456	

5-26002	Engineering  Services
   Engineering Services			
 	79,517	 	81,107	 	82,729	 	84,384	
	 	TOTAL  ENGINEERING			 	79,517	 	81,107	 	82,729	 	84,384	

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		575,215	615,480	646,254	678,567	
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		 	1,081,324	1,134,727	1,179,010	1,225,213	
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	6,737	6,872	7,009	7,149	
5-29004	Storm Water Fees	33,884	33,884	33,884	33,884	
5-29005	Telephone & Cell Service	14,040	14,321	14,607	14,899	
5-29006	Postage & Freight	36,002	36,722	37,456	38,205	
5-29007	Equipment Leasing	2,725	2,780	2,836	2,893	
5-29008	Administrative Maintenance	1,969	2,008	2,048	2,089	
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	1,519	1,549	1,580	1,612	
5-29016	Project Maintenance Fees	6,685	6,685	6,685	6,685	
5-29017	Contingency (1.5%)	85,951	88,691	91,921	94,173	
5-29018	Electricity Services	 	5,599	5,879	6,173	6,482	
	Total Administration Operating:	 	471,730	484,819	498,844	512,366	
	Capital Outlay Administration		
5-29101	Equipment	10,000	-	-	-	
5-29102	Building	-	-	-	-	
5-29103	Other
Total Administration Capital Outlay:	 	-	-	-	-
 	10,000	-	-	-	
	 	TOTAL  ADMINISTRATION			 	1,563,054		 	1,619,546		 	1,677,854		 	1,737,579	
	WATER TREATMENT PLANT DIVISION									
	Personnel									
5-15001	Regular Salaries		303,212		310,792		318,562		326,526	
5-15002	Overtime		44,714		45,832		46,978		48,152	
5-15003	FICA		26,982		27,655		28,345		29,053	
5-15004	Retirement Contributions		31,313		32,096		32,899		33,721	
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		3,476		3,552		3,630		3,710	

5-15012	Cell Stipend

WTP Operating

Total WTP Personnel:

 	1,298	1,327	1,356	1,386
 	414,929	425,232	435,793	446,617

5-30001	Other Contractual Services	75,922	77,440	78,989	80,569	
5-30002	Operations & Maintenance Services	1,943	1,982	2,022	2,062	
5-30003	Laboratory Services	23,058	23,519	23,989	24,469	
5-30004	Operating Supplies	6,430	6,559	6,690	6,824	
5-30005	Electricity Services	201,812	211,903	222,498	233,623	
5-30007	Plant Maintenance	95,462	97,658	99,904	102,202	
5-30009	Chemicals	304,547	310,638	316,851	323,188	
5-30010	Water Conservation Grant Program	10,000	10,000	10,000	10,000	
5-30011	Backflow Prevention Program	 	25,000	 	25,000	 	25,000	 	25,000	
	Total WTP Operating:	 	744,174	 	764,699	 	785,943	 	807,937	
	Capital Outlay WTP			
5-30101	Equipment		-	-	-	-	
5-30102	Building		-	-	-	-	
5-30103	Other
Total WTP Capital Outlay:		 	-	-	-	-
 	-	-	-	-	
	TOTAL WATER TREATMENT PLANT DIVISION			 	1,159,103	1,189,931	1,221,736	1,254,554	
	
WASTEWATER TREATMENT PLANT DIVISION		
-	-	-	-	

Personnel
5-16001	Regular Salaries	321,519	329,557	337,796	346,241	
5-16002	Overtime	40,048	41,049	42,075	43,127	
5-16003	FICA	28,012	28,711	29,428	30,162	
5-16004	Retirement Contributions	32,541	33,355	34,188	35,043	
5-16008	Uniforms	2,384	2,436	2,490	2,545	
5-16010	Training & Education Costs	1,807	1,807	1,807	1,807	
5-16011	Annual PTO	3,610	3,689	3,770	3,853	

5-16012	Cell Stipend

WWTP Operating

Total WWTP Personnel:

 	991	1,013	1,035	1,058
 	430,912	441,617	452,589	463,836

5-31001	Other Contractual Services	32,354	33,001	33,661	34,334	
5-31002	Operations & Maintenance Services	7,509	7,659	7,812	7,968	
5-31003	Laboratory Services	28,251	28,816	29,392	29,980	
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	53,013	54,232	55,479	56,755	
5-31010	Chemicals	 	117,224	 	123,085	 	129,239	 	135,701	
	Total WWTP Operating:	 	506,557	 	525,178	 	544,592	 	564,835	
	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		937,469	996,795	997,181	1,028,671	
	UNDERGROUND UTILITIES DIVISION			
	Personnel			
5-17001	Regular Salaries	495,855	508,251	520,957	533,981	
5-17002	Overtime	67,262	68,944	70,668	72,435	
5-17003	FICA	43,651	44,740	45,857	47,002	
5-17004	Retirement Contributions	50,681	51,948	53,246	54,577	
5-17008	Uniforms	6,113	6,247	6,384	6,524	
5-17010	Training & Education Costs	2,800	2,800	2,800	2,800	
5-17011	Annual PTO	5,195	5,309	5,426	5,545	

5-17012	Cell Stipend

UGU Operating

Total UGU Personnel:

 	2,286	2,336	2,387	2,440
 	673,843	690,575	707,725	725,304

5-32001	Other Contractual Services	292,397	298,245	304,210	310,294	
5-32002	Operations & Maintenance Services	112,127	114,370	116,657	118,990	
5-32003	Operating Supplies	97,769	99,724	101,718	103,752	
5-32004	Electricity Services	43,108	45,263	47,526	49,902	
5-32005	Vehicle Maintenance	27,241	27,786	28,342	28,909	
5-32006	Lift Station Maintenance	 	26,339	 	26,945	 	27,565	 	28,199	
	Total UGU Operating:	 	598,981	 	612,333	 	626,018	 	640,046	
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			 	1,308,874	1,363,958	1,394,793	1,426,400	

5-18001	IRRIGATION DIVISION
Personnel
Regular Salaries		

44,875	45,997	47,147	48,326	
5-18002	Overtime		5,224	5,355	5,489	5,626	
5-18003	FICA		3,913	4,010	4,110	4,213	
5-18004	Retirement Contributions		4,509	4,622	4,737	4,856	
5-18008	Uniforms		573	586	599	612	
5-18009	Training & Education Costs		695	695	695	695	
5-18010	Annual PTO		789	806	824	842	
5-18011	Cell Stipend		 	256	262	268	274	
	Total IRR Personnel:
IRR Operating		 	60,834	62,333	63,869	65,444	
5-33001	Other Contractual Services	34,847	35,544	36,255	36,980	
5-33002	Operations & Maintenance Services	48,386	49,354	50,341	51,348	
5-33003	Laboratory Services	615	627	640	653	
5-33004	Operating Supplies	8,602	8,774	8,949	9,128	
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	 	19,259	 	20,222	 	21,233	 	22,295	

5-33101	Total IRR Operating:
Capital Outlay IRR
Equipment	 	291,819

-	 	302,792

30,000	 	314,238

-	 	326,181

-	
5-33102	Building	-	-	-	-	
5-33103	Other
Total IRR Capital Outlay:		 	-	-	-	-
 	-	30,000	-	-	
	TOTAL IRRIGATION DIVISION			 	352,653	395,125	378,107	391,625	
	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	8,615	8,830	9,050	9,275	
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	 	402	 	411	 	420	 	429	
	Total Shop & Maintenance Personnel:	 	134,382	 	137,682	 	141,063	 	144,526	
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		 	161,440	160,494	164,658	168,936	
	Total Operating Expenses		 	 	
 	6,023,535	 	6,282,954	 	6,445,665	 	6,602,329	
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	  $	9,435,297		   $	9,616,707		  $	9,783,458		   $	9,932,531	
	Total Revenues	  $	9,428,757		   $	9,615,634		  $	9,806,250		   $ 10,000,677	
	Surplus/(Deficit) Before Transfer from (to) Operating Reserve	
(6,540)		
(1,073)		
22,792		
68,146	

TOTAL RATE STABILIZATION SERVICE: CAPITAL IMPROVEMENT & TRANSFERS

 	-	 	-	 	-	 	-
 	-	 	-	 	-	 	-

 	 	 	

Available Operating Cash Balance (Ending)

  $	3,895,754

$	3,894,681

$	3,917,473

$	3,985,619

*Coverage Provided (Required > 1.10)
**Coverage w/R&R deducted (Required > 1.00)

1.33	1.33	1.32	1.34
1.13	1.13	1.12	1.13

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 73.48% of their operating Revenues from the sale of water and wastewater service. Another 19.45% of the operating revenue is received from irrigation services. The FY 2020 Budget assumes no rate increase to all utility rates.

Billed Wastewater Revenues $3,624,591.00 39.21%

Billed Irrigation Revenue
$1,797,512.00 19.45%

Billed Water Revenues
$3,167,663.00 34.27%

Wholesale Water & Wastewater $570,883.00 6.18%

Other Operating Revenue
$79,921.00 0.86%

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. Plans for the construction of a new Administration building estimated at $1,267,500 which 65% of the construction cost split with the General Fund. No other 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 $7,627,606 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:	949,367	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	2,064,684	1,288,154	303,055	
DEDUCT EXPENDITURES:
Capital Improvement Projects	
1,908,799	1,200,000	300,000	
Transfer Out to WW Connection Fee Funds
Transfers Out to Pay Debt Service	
 	-	 	-	 	-		
TOTAL EXPENDITURES	1,908,799	1,200,000	300,000	
FUND BALANCE, SEPTEMBER 30	  $	155,885	 $	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	949,367	155,885	168,092	205,613	228,309	
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	2,064,684	970,202	913,796	961,260	983,956	
DEDUCT EXPENDITURES:	-						
SW049	5-37004 Protective Coating Manholes	-	17,000	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	198,000	159,980	161,580	163,196	164,828	166,476	
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	25,000	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	10,550	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	2,000	10,000	5,000	-	-	-	
SW085	5-37032	Emergency (Association Irrigation) R & R Projects	27,121	30,000	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	-	1,000	7,000	5,000				
SW092	5-37039	Repaving Utility site	-	-		175,000				
SW093	5-37040	Irrigation stormwater transfer line	141,834	20,943											
SW094	5-37041	Radio telemetry system upgrade	-	145,000											
SW095	5-37042	Step Screen Replacement					125,000							
SW096	5-37043	PLC Upgrade	-	145,000											
		TOTAL EXPENDITURES	1,347,376	2,381,908		1,908,799		802,110		708,183		732,951		752,526	
		FUND BALANCE, SEPTEMBER 30	    2,090,286	949,367		155,885		168,092		205,613		228,309		231,430	

 	     
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	$	3,236	2,000	$	2,000			2,000	2,000	2,000	
2-04002	Special Assessments	$ 1,848,504	$ 1,950,059	$ 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	  $ 1,953,295	  $ 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	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	1,909,043	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              1,960,789	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)	(7,494)	124,404   -	124,404

131,330

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

TRANSFER FROM (TO) OPERATING RESERVE

Surplus/(Deficit)

   $	(72,079)	$	(7,494)	$	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

-		-	
388,499	#	391,138	
-		-	
$ 388,499	$	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	108,499	101,138	92,017	82,663	73,270	
Misc	-		-	-	-	-	-	-	-	
COI	-		-		-	-	-	-	-	

Total Expenses	 	391,417 	195,641	388,223	388,223 	388,499	391,138 	392,017 	392,663 	388,270

Surplus/(Deficit) Before Transfer from

-

(to) Operating Reserve	-	-	-	-

-	-	-	-

TRANSFER FROM (TO) OPERATING RESERVE

Surplus/(Deficit)

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

-	$	-       $	-