1/&

ST	LUCIE VI/EST
S E R V I C E S  D I S T R I C T

August 24, 2017

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 2018 Proposed Annual Budget and FY 2018-2022 capital Improvement Plan

Dear Honorable Chairman and Supervisors:

I am pleased to present the annual budget for FY 2018 and the FY  2018-2022 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 2017 and some of the major projects that were completed were:

Several lift stations will be rehabilitated with fencing, driveways and one electrical panel replacement proposed for FY 2017. The lift station restoration project effort will be continued throughout the next several years to ensure that all lift stations are upgraded.
The Wetland #1 vertical relocation TMDL grant monitoring phase expected to be complete by the end of FY 2017.
The replacement of the Sulfuric Acid and Caustic Acid Tanks for the Water Treatment Plant were completed in FY 2017.
The Lake Harvey stormwater expansion project bid in March 2017 and expected to be complete by the end of FY2017
The Reuse Irrigation Pump Station design and bid is projected to completed in FY2017 construction will be completed in FY2018.
Fiscal Year 2018 reflects positive account activity trends and the recent Refunding of Bonds have placed the District in a better financial position. The refinancing of bonds over the past three years has saved the District over $24,000,000  in debt service  450 S.W Utility Drive • Port St Lucie, FL 34986 • Office (772) 340-0220 • Fax (772) 871-577 I

2019	FY
Avallab

FY2010 due to efficient budgeting and innovative cost saving measures, the proposed budget reflects no increase for the 2018, 2019 and 2020  FY.  The Proposed Budget also includes a decrease of $5.00 in Maintenance Assessments for this FY and for 2019 FY.

The budget for FY 2018 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.

S&, ooo, o oo

General Fund

$5, 000, 0 00

$4 , 00 0, 0 00

$ 3 , 00 0 ,0 00

$2,000,000

$1,00,00 00

$-

 	

 	FY 20 16

FY 20 17
Tota l Reven u es

FY 20 18

FY

----

2020

FY 20 2 1

FY 2022

To ta l EKp en ses

l e  Op  erat lna: Cash  Balan ce  (En dlna )

Unreserved Fund Balance as a % of Total Expenditures

1  2 0  %

1  0  0  %

8  0 %

6  0 %

4  0  %

2  0 %

0  %

FY 2 0 1 6

F Y 2017

FY201S

FY20 19

FY2020

FY2021

FY2 0 2 2

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.

			

			

the top graph, while Unreserved Fund Balance, as a percentage, is depicted in the bottom graph.

su.000.000 r 	lttil.ity E.un,..

$10,000,000 f- - - - - - - - - - - - - - - - = =	1

$8,000,000

$6,000,000

$4,000,000

$2,000,000

S·

_ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ -,1

FY 2016

-	Total Revenues

FY2017	FY 2018

Total Expenses

FY 2019

-	Total Operating Expenses

FY2020	FY2 021

Available Operatin,; Cash Balance (En ding)

FY2 022

 	 	

Unreserved Utility Fund Balance as a % of Total Expenditures	
90 %	
..-
-
--
--			

--	

- 	

-	

"-.. 	
--	·-				
---

-			

80 %												 	------ -		

70 %												-		

6 0 %													-	
												•-		
S O %		•	

4 0 %		

3 0 %		

2 0 %		

10 %		

0 %		
F Y			1 6		F Y	20  17	FY 2 0  18	F Y			19	F Y			20	FY	2021	FY2022	

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 2018-2022 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
$2,111,177). 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 $353,000 for FY 2018. The General Fund Renewal and Replacement Fund reflects $583,828 in Stormwater improvement projects  with a fund  balance over $919,000.

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 2018 budget for your review and consideration.

Sincerely,

'Dt#Uli6 7/t. 'Pk&

Dennis M. Pickle District Manager

ST. LUCIE WEST SERVICES DISTRICT
FY 2017/2018 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	42
Water & Sewer Fund Capital Funding Revenue & Expenditures	52
Water & Sewer Fund Renewal & Replacement Fund	53
Water & Sewer Fund Water Connection Fee Fund	54
Water & Sewer Fund Wastewater  Connection Fee Fund	55
Other Funds
Debt Service Fund - Water Management Benefit Series 2013 & 2014 Five-
Year Operating Forecast.	56
Debt Service Fund -  Cascades Series 2010 Five-Year Operating Forecast.	57

BUDGET SUMMARY

ESTIMATED REVENUES	

GENERAL FUND	

DEBT SERVICE	

CAPITAL	

PROJECTS	

UTILITY FUNDS	

CONNECTION
FEE FUNDS	

TOTAL ALL FUNDS	
Non-Ad Valorem WMB Assessment	$186 per ERU	Until 2025	$ 2,005,042					$	2,005,042	
Non-Ad Valorem Cascades Bonds Assessment	$140 per ERU	Until 2018	$	212,140					$	212,140	
Non-Ad Valorem Special Maintenance Assessment $106 per ERU	$ 1,080,890						$	1,080,890	
Storm Water Drainage Fees From City	$ 1,762,872						$	1,762,872	
City Special Assessment for Bond	$	391,417						$	391,417	
Other General Fund Revenues	1,108,605						$	1,108,605	
Utility Rate Revenues					$	8,394,442		$	8,394,442	
Other Utility Fund Revenues					$	642,405		$	642,405	
General Fund R&R							$	
Storm Water Drainage Fees From City - To R&R			$	8,583				
Utility Fund R&R							$	
Water Connection Fee Fund						$	4,008	$	4,008	
Wastewater Connection Fee Fund						$	3,111	$	3,111	
!TOTAL SOURCES	$ 4,343,784	$ 2,217,182	$	8,583	$	9,036,847	$	7,119	$	15,613,5141	
Transfer In From General Fund		391,417	$	1,121,044			$	1,512.462	
Transfer In for Utility Fund R&R			$	1,128,786			$	1,128,786	
TOTAL REVENUES & TRANSFERS IN	$ 4,343,784	$ 2,608,599	$	2,258,413	$	9,036,847	$	7,119	$	18,254,762	
								
EXPENDITURES								
General Fund	$ 3,282,321						$	3,282,321	
General Fund Personnel	$ 1,813,866							
General Fund Operating	$	906,851							
General Fund Capital Outlay	$	561,603							
General Fund R&R			$	583,828			$	583,828	
Utility Operating Fund					$	6,280,159		$	6,280,159	
Utility Fund Personnel					$	2,536,600			
Utility Fund Operating					$	2,914,543			
Utiity Fund Capital Outlay					$	829,016			
Debt Service		$	2,480,121			$	2,523,091		$	5,003,212	
Utility Fund R&R			$	2,111,177			$	2,111,177	
Water Connection Fee Fund						$	1,036,406	$	1,036,406	
Wastewater Connection Fee Fund						$	$	
!TOTAL EXPENDITURES	$ 3,282,321	$	2,480,121	$	2,695,005	$	8,803,249	$	1,036,406	$	18,297,1021	
Transfer Out to General Fund R&R	$ 1,121,044						$	1,121,044	
Transfer Out to 2014 Bond	$	391,417						$	391,417	
Transfer Out to Utility Fund R&R					$	1,128,786		$	1,128,786	
!TOTAL EXPENDITURES AND TRANSFERS OUT	$ 4,794,783	$ 2,480,121	$	2,695,005	$	9,932,035	$	1,036,406	$	20.938,350	
Fund Balance/Reserves	$ 3,011,145	$	383,079	$	1,709,685	$	6,169,784	$	1,407,173	$	12,680,866	

NET ENDING BALANCE	
$ 2,560,146	
$	511,557	
$	
1,273,093	
$	5,274,596	
$	377,886	
$	9,997,278	

St. Lucie West Services District- Fiscal Year 2018

1

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

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

In the Governmental Funds, separate accounting funds  are set up for the bonded debt  service and proceeds from bond issues. There are three such funds at St. Lucie West Services District. These three funds are shown on the last three pages of this budget. Separate  assessments  on the District property owners are assigned exclusively for the Water Management Benefit Series 2013 and the Cascades Series 2010 Debt Service Funds. The proceeds  of these assessments can be used for no other purpose than the debt service of these two bond issues. The District recently refunded the Water Management Benefit Series 2010 bond at a savings of $24.00 per ERU per year through 2025 the total savings was $6,488,000 and did not extend the term. The Cascades Bond is 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 the Trials golf course and club house. We are budgeting for a deficit in FY 2018 due to the new administration building project. The General Fund for both FY 2017 and 2018 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 2.5% for FY 2018 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 3.95% this year, and liability insurance 3.01% this year for which national projections call for continuing increases. Energy costs are expected to grow at an inflation rate of 1.86% for FY 2018 as well.

Rate Adjustment - The Special Assessment rate of $106.00 per ERU proposed within this year's budget for FY 2018 reflects a $5.00 per ERU decrease over the FY 2017.

The ERU numbers are expected to remain the same in FY 2018. We expect revenues in most categories to remain the same per year for each of the next five years. Fiscal years 2019 reflects an additional $5.00 per ERU decrease but 2020, 2021 and 2022 reflect  no increase  or decrease in assessments at this time.

Capital Improvement Program

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

A summary of the funding sources for all system capital projects budgeted in FY 2018 are as follows: The Aquatics Division is requesting the replacement of a 2010 F-150 at $30,000; The Administration Division is requesting a new administration building which will be split with the  Utility Fund total of $340,747; The Exotic Plant Removal Division is requesting the replacement  of a 2015 Kawasaki Mule, 2013 Vermeer Chipper, the Chipper Truck and replace  the Correction truck for this fiscal year for a total of $155,856. The Stormwater Division is budgeting $35,000 for the garage conversion which will be split with the UGU division. The General Fund Renewal and Replacement Fund Project is for emergency storm water projects in the amount of $183,828 and
$400,000 for the relocation of LS#1 due to the sale of the property adjacent to this lift-station. The total for the list of capital R&R items is $583,828 in the General Fund for FY 2018 and will leave a fund balance of over $919,000.

Other 24.52%

Permit Fees 0.00%

Project Maintenance Fees 0.95%
Interest 0.00%

City  for Stormwater Bond	,_
Payment 9.19%

Storm Water Drainage Fees 40.50%
Special Assessments 24.83%

ST LUCIE WEST SERVICES DISTRICT GENERAL FUND - REVENUES AND EXPENDITURES
FISCAL YEAR 2018

TOTAL REVENUES	$4,352,367		

PERCENT	
	TOTALS	 	REVENUES		

Storm Water Drainage Fees	
1,762,872	
40.50%	
Special Assessments	1,080,890	24.83%	
City for Stormwater Bond Payment	400,000	9.19%	
Interest	27	0.00%	
Project Maintenance Fees	41,141	0.95%	
Permit Fees		0.00%	
Miscellaneous Fees	437	0.01%	
Other	1,067,000	24.52%	
TOTAL OPERATIONAL REVENUE	$4,352,367	100.00%	

GENERAL FUND PRIOR YEARS BALANCE	
$3,011,145		

0%

(
ST LUCIE WEST SERVICES DISTRICT GENERAL FUND - REVENUES AND EXPENDITURES
FISCAL YEAR 2018

□Aquatics Division
□StormwaterMaintenance Division
□Administration Division
□Exotic Plant Removal Division
Finance
□Capital Improvement Projects R&R Fund
Legal Services
□Shop Operations
EngineeringServices
II District Manager
□Board of Supervisors
a Clerk to the Board
Pollution Control
□Debt Service 2014 Bond
□Grant Management

TOTAL EXPENDITURES	$4,803,366

PERCENT
   CAPITAL 
PERSONNEL OPERATING    OUTLAY	TOTALS	EXPENDITURES

Aquatics Division	346,000	187,266	30,000	563,266	11.73%	
Stormwater Maintenance Division	430,973	111,950	35,000	577,924	12.03%	
Administration Division	726,813	169,174	340,747	1,236,735	25.75%	
Exotic Plant Removal Division	207,145	127,216	155,856	490,218	10.21%	
Finance		153,166		153,166	3.19%	
Capital Improvement Projects R&R Fund				1,129,627	23.52%	
Legal Services		48,905		48,905	1.02%	
Shop Operations	74,478	41,442		115,920	2.41%	
Engineering Services		33,304		33,304	0.69%	
District Manager	15,538	12,760		28,298	0.59%	
Board of Supervisors	12,918	2,447		15,365	0.32%	
Clerk to the Board		13,115		13,115	0.27%	
Pollution Control		4,949		4,949	0.10%	
Debt Service 2014 Bond				391,417	8.15%	
Grant Management		1,157		1,157	0.02%	
TOTAL EXPENDITURES	$ 1,813,866	$	906,851	$ 561,603	$4,803,366	100.00%	

St. Lucie West Services District General Fund Budget Summary

FY 2016	FY 2017	FY 2017	FY 2018	
ACTUAL	ORIGINAL BUDGET	ESTIMATE	PROPOSED	

ADD REVENUES:
Special Assessments	1,123,798	1,130,890	1,130,890	1,080,890	
Stormwater Drainage Fees	1,690,490	1,690,490	1,762,872	1,762,872	
City Stormwater Drainage Fee for Bond	400,000	400,000	400,000	400,000	
Other Revenues	42,705	6,999	68,363	1,108,605	

TOTAL OPERATING REVENUES	
3,256,994	
3,228,378	
3,362,124	
4,352,367	
FUND BALANCE, October 1	2,725,143	3,078,332	3,078,332	3,011,145	
TOTAL REVENUES AND FUNDS AVAILABU	5,982,137	6,306,710	6,440,457	7,363,512	

DEDUCT EXPENDITURES:	
Board of Supervisors	

16,998	

15,312	

15,312	

15,365	
District Manager	15,787	27,689	27,689	28,298	
Finance	121,640	162,061	168,759	153,166	
Grant Management		1,132	1,132	1,157	
Clerk to the Board	9,940	12,833	12,833	13,115	
Legal Services	45,956	48,853	47,853	48,905	
Engineering Services	30,331	37,587	32,587	33,304	
Pollution Control	4,716	4,842	4,842	4,949	
Administration Division	677,044	1,179,626	880,753	1,236,735	
Aquatics Division	451,312	541,879	548,848	563,266	
Stormwater Maintenance Division	544,914	561,715	789,052	577,924	
Exotic Plant Removal Division	352,725	318,493	326,899	490,218	
Shop Operations	100,899	111,502	116,209	115,920	
Capital Improvement Projects R&R	145,570	67,088	67,088	1,129,627	
Capital Debt Service 2014 Bond	385,975	389,456	389,456	391,417	
TOTAL EXPENDITURES	2,903,804	3,480,068	3,429,312	4,803 ,366	
FUND BALANCE, SEPTEMBER 30	3,07_13, 332	2,826,642	3,011,145	2,560,146	

ST. LUCIE WEST SERVICE DISffllCT 6EHERAL RIND
RYE YEAR DPERATIH6 FORECAST

ActualYTD
FY2017

Estimate EOY
FY2017

Orig . Budget
FY 2017

Final Amended Budget
FY 2017

General  Fund Balance (Beginning)	2,725,143	3,078,332	3,078,332	3,078,332	3,078,332	3,011,145

420	

437	
1,762,872	1,762,872	
41 ,141	41,141	
40	27	
1,130,890	1,080,890	
26,762		
	1,067,000	
389,367	391,417	
10,633	8 683	
3,362,124	$	4,352,367	

OPERATING REVENUE
1-04001	Permit Fees
1-04002	Grant Revenue
1-04003    Miscellaneous Fees	11,655	(4,453)	(4,453)	420
1-04004     Storm Water Drainage Fees From City	1,690,49 0	1,762,872	1,762,872	1,690,490
1-04005    Project Maintenance Fees	6,554
1-04006   Interest	33	53	63	25
1-04007    Special Maintenance Assessments	1,123,798	1,121,567	1,13 0,89 0	1,130,890
1-04008 lnterfund Transfers
1-04009    Miscellaneous Income	8,980	26,76 2	26,762
1-04010   WMB Prepayment	22,037
Land Sale
1-04012     Stormwater Drainage from City for Bond	385,975	389,367	389,367	400,000

12,000	12,000	
918	918	
2,394	2447	
16,312	15,365	

1-04014    Stormwater Drainage from Ci!}'. for  Lake Harvel R&R	14,025	10,633	10,633
 	Total   Revenues	$	3,256,994	$	3,306,802		$ 	3,316,135	$	3,228,378 	$	
	
OPERATING EXPENSES							

1-05001	Board of Supervisors
Executive Salaries	
14,193	
7,800		
9,360	
12,000		
1-05002	FICA	1,165	635		762	918		
1-05015	Board Meeting Exeenses	1,640	575		690	2,394		
	TOTAL BOARD OF SUPERVISORS	16,998	9,009		10,811	15 312		

1-06001	District Manager
Assessment Fees & Costs	
134	
8,125	
8,771	
8,771	
1-06003	Operations & Maintenance Services	542	395	474	2,941	
1-06005	Management Contract	15,111			15,204	

8,771	8,964	
2,941	3,006	
15,204	16,538	
773	790	
27,689	28 298	

1-06009     Travel & Per Diem	773 

2,030	2,030	
1,740	1,TT9	
33,949	34,696	
16,612	16,978	
3,872	3,957	
78,543	64,614	
32,013	39,113	
168,759	153,166	

 	TOTAL DISTRICT MANAGER	15 787	8 520	 	9,245   -	27,689 

1-07001	Dissemination Agent				2,030	
1-07002	Arbitrage				1,740	
1-07004	Accounting Services	35,721	22,025	26,430	33,949	
1-07005	Auditing	11,135	11 ,35 0	13,620	16,61 2	
1-07007	Banking Services	934			3,872	
1-07009	Property & Casualty Insurance	48,535	9.949	11,939	78,543	
1-07015	Office Supplies/Delete		144	173		
1-07018	Proeer!}'. Taxes & Assessments	25,315	30,499	30,499	25,315	
 	TOTAL FINANCE	121,640	73,967		 	82,661	162,061 

   Contractual Services -GM		: :I

Grant Management

1-12001	 	1,132	1,132	
TOTAL GRANT MANAGEMENT	1,132   -	1,132
	Clerk to the Board		
1-13002	Other Contractual Services	6,462	4,880		5.856	7,794	7,794	7,966	
1-13004	Postage & Freight	653	473		567	1,300	1,300	1,328	
1-13005	Printing & Binding	1,318	919		1,103	2,290	2,290	2,340	
1-13007	Legal Ads	1,507	218		262	1,449	1,449	1481	

ST. LUCIE WEST SERVICE 01sm1cr GENERAL FUND
AYE YEAR OPERATING FORECAST

Aclual	ActualYTD	EstlmateEOY
FY2018	 	FY2017	FY2017	

 	TOTAL CLERK TO THE BOARD	9,940	 	6,490	7,788 

Orig. Budget

Final Amended Budget
FY 2017
12,833

FY2011
13,115

 	FY 2017
 	12,833

Legal Services
1-19001 General Counsel

40,043	15,513	18,615

40,931	40,931	41,832

1-23001    Special Counsel	5,912	 	1,012	1,215 	7,922	 	6,922	7 074 
 	TOTAL LEGAL COUNSEL	45,956	 	16,525	19,830 	48,853   - 	47,853	48,905

Engineering Services
1-26002    Engineering Services

30,331	 	19,923	23,907 	37,587	 	32,587	33,3041

 	TOTAL ENGINEERING	30,331	 	19,923	23,907   - 	37,587	 	32,587	33,304
Pollution Control

1-29002 Regulatory & Permit Fees

4 ,716	 	

 	4,842	4,842	4,9491

 	TOTAL POLLUTION CONTROL	4,716 	 	 	4,842	 	4,842	4,949 

ADMINISTRATION DIVISION
Personnel
1-15001	Regular Salaries	207,040	176,741	212,090	217,955	217,955	243,404	
1-15002	Overtime	1,216	840	1,008	2,423	1,923	1,971	
1-15003	FICA	18,003	12,872	15,446	18,573	19,065	21,041	
1-15004	Retirement Contributions	18,868	15,498	18,598	21,202	21,157	23,482	
1-15005	Health/Life/Dental Insurance	290,021	333,050	363.327	354,817	369,817	394,109	
1-15006	Workers Comp	17,484	13,521	16,225	23,969	21,969	18,908	
1-15007	Unemployment Insurance				6,265	4,765	4,884	
1-15010	Uniforms	1,102	841	1,651	1,651	1,651	1,687	
1-15012	Training, Cont Educ., and Licensing	484	273	328	5,130	3,130	3,199	
1-15013	Vehicle Allowance	6,386	5,700	6,840	7,200	7,200	7,200	
1-15014	Annual PTO		89	107		5,758	5,758	
1-15015	Cell Stipend			 	1,170	1170	
	Total Administration Personnel:	=5.;6..0,..,c6.;0:_3;;_	559,426	 	635,620	659,184	675,559	726,813 	
	ADMIN Operating				
1-33001	Other Contractual Services	33,914	32,023	38,427	48,066	48,066	56,377	
1-33002	Website Maintenance	3,117	2,422	2,906	3,259	3,259	3,324	
1-33004	Water - Irrigation	2,960	2,388	2,865	3,134	3,134	3,197	
1-33005	Telephone & Cell Service	12,328	7,325	8,791	13,615	13,115	13,647	
1-33006	Postage & Freight	483	340	408	1,048	1,048	1,069	
	Electricity Services	3,864	2,394	2,873	5,022	4,322	5,402	
1-33010	Equipment Leasing	2,063	3,271	3,926	3,776	3,776	3,852	
1-33011	Administration Maintenance	8,791	1,069	1,283	5,085	4,085	4,166	
1-33018	Contingencies - Hurricane	15	14,311	17,173	20,400	20,400	20,400	
1-33019	Office Supplies	3,371	1,945	2,334	4,551	4,051	4,132	
1-33020	Fuel & Lubricants - Vehicle	22,810	17,595	21,114	26,896	24,896	26,141	
1-33021	Operating Supplies and Expenses	3,942	4,789	5,747	10,558	8,558	8,729	
1-33022	Computer Software	1,711	2,509	3,011	2,375	3,075	3,136	
1-33023	Computer Hardware/ Supplies	970	1,010	1,212	2,500	2,000	2,500	
1-33024	Fuel & Lubricants - Equipment	10,281	10,015	12,018	11,977	12,477	13,101	
1-33025	Minor Construction Expenses	 		277		-	-	-	-	
	Total Administration Opera	ti g110:,8-98---	----103,4-06­	 	124,088	162,262	156,262	169,174 	
	Capital Outlay Administration				
1-33101	Equipment	153			
1-33102	Building	5,391	22,967	358,179	48,932	340, 74 1	
1-33103	Other			
	
Total Administration Capital Outlay:  	5;..,,.5.c4..;4..;.. 	--'2=2',9"6-7'--	 	358,179	48,932	340,747 

6EHERAL FUND

TOTAL ADMINISTRATION

677,044

ActualYTD
FY2017
685,799

Estimate EOY FY2017
759,707

Orig . Budget
FY 2017
1,179,626

Final Amended Budget
FY 2017
880,753

AVE YEAR DPERATIH6 FORECAST
  AQUATICS DIVISION
Personnel
1-14001	Regular Salaries	246,446	188,668	226,401	257,64 0	259,640	268,631	
1-14002	Overtime	12,791	3,987	4,785	16,477	16,477	16,889	
1-14003	FICA	19,787	14,889	17,866	20,970	21,506	22,225	
1-14004	Retirement Contributions	20,642	16,854	20,225	24,671	24,851	25,697	
1-14008	Uniforms	2,946	2,490	2,988	3,767	3,767	3,843	
1-14010	Training, Cont Educ., and Licensing	1,025	1,619	1,943	4,640	3,640	3,713	
1-14011	Annual PTO		180	215		4,313	4,313	
1-14012	Cell Stipend	 	  45	54	690	690	
	Total Aquatics Personnel:	303,637	228,731	274,477	328,165	334,884	346,000	
	Aquatics Operating							
1-31001	Operations & Maintenance Svc	2,71 0	4,619	5,542	11,814	10,814	11,031	
1-31003	Disposal Fees	4,153	3,610	4,332	3,825	5,325	5,432	
1-31005	Operating Supplies	6,611	4,443	5,331	8,583	7,583	7,735	
1-31009	Equipment Maintenance	16 ,368	10,774	12,928	11,718	14,218	14,502	
1-31011	Chemicals	114 ,702	69,958	83,950	139,102	135,10 2	141,857	
1-31012	Machinery & Equipment	3,131	1,305	1,566	7,87 2	6,872	6 710	
	Total Aquatics Operating:	147,675	94,708	113,649	182,914	179,914	187,266	
	Capital Outlay Aquatics							
1-31101	Equipment	33,800	33,800	30,800	34,050	30,00I		
1-31102	Building							
1-31103	Other							
Total Aquatics Capital Outlay:		33,800	33,800	30,800	34,050	30,000		
								
TOTAL AQUATICS DIVISION	451,312	357,239	421,927	541,879	548,848	563,266		
	
   STORM  WATER  MANAGEMENT DIVISION									
	Personnel								
1-16001	Regular Salaries	321,23 0	254,157	304,989	328,716	328,716	337,934		
1-16002	Overtime	18 ,149	8,854	10,624	18,357	18,357	18,816		
1-16003	FICA	24,857	20,331	24,397	26,551	27,19 2	27,932		
1-16004	Retirement Contributions	28,802	23,529	28,234	31,237	31,237	32,107		
1-16008	Uniforms	2,337	1,659	1,991	3,513	3,513	3,583		
1-16010	Training, Cont. Educ., and Licensing	1,602	60	72	3,181	2 ,181	2,224		
1-16011	Annual PTO		38	46		7,506	7,506		
1-16012	Cell Stipend					870	870		
	Total Storm Water Personnel:	396,977	308,628	370,354	411,554	419,571	430,973		
	Storm Water Operating								
1-34001	Operations & Maintenance Svc	9,833	10,453	12,543	16,949	15,449	15,758		
1-34002	Laboratory Services	2,607	1,240	1,488	4,023	3,023	3,083		
1-34004	Disposal Fees	1,725	1,101	1,322	2,040	2,040	2,081		
1-34005	Operating Supplies	12,959	7,112	8,534	16,158	14,658	14,952		
1-34006	Storm Ditch Maint	17,784	11,016	13,219		20,000			
1-34007	Landscape Materials	16 ,167	8,190	9,828		25,000	35,000		
1-34008	Vehicle Maintenance	10,655	6,634	7,961	12,199	12,199	12,443		
1-34009      Equipment Maintenance	21,058	16,278	19,533	21,356	21,356	21,783	
1-34011	Chemicals	1,569 -		2 ,933	2,933	3,080	
1-34014	Electricity Services		2,785	2,212	2,654	4,003	3,703	3772		
		Total Storm Water Operating:	97,141	64,235	77,083	79,660	120,360	111,950		
	Capital Outlay Storm Water								
1-34101	Equipment	50,796	67,883	70,500	70,500	249,120	 			

GENERAL FUND

Final Amended
Aolual	ActualYTD	Estimate EOY	Orig . Budget	Budget
FY2018	FY2017	FY2017	FY 2017	FY 2017	
Budget
FY2018	
	35,000	

155,295	120,616	144,739	159,240	159,240	163,221	
5,235	3,069	3,683	5,523	5,523	5,661	
12,297	9,669	11,602	12,604	12,917	13,233	
14,227	11,389	13,667	14,829	14,829	15,199	
2,237	1,673	2,007	3,492	3,492	3,562	
1,193	837	1,004	2,134	2,134	2,176	
				3,643	3,643	
				450	450	

AVE YEAR OPERATING FDRECAST

1-34102 Building		
1-34103	Other - GIS Mapping		
	Total Storm Water Capital Outlay:	50,796	67,883	70,500	70,500	249,120	35,000	
								
	TOTAL STORM WATER MANAGEMENT DIVISION	544,914	440,747	517,936	561,715	789,052	577,924	
	
   EXOTIC PLANT REMOVAL DIVISION								
	Personnel							
1-17001	Regular Salaries							
1-17002	Overtime							
1-17003	FICA							
1-17004	Retirement Contributions							
1-17008	Uniforms							
1-17010	Training, Cont. Educ., and Licensing							
1-17011	Annual PTO							
1-17012	Cell Stipend							
	Total Exotic Plant Personnel:	190,484	147,253	176 ,703	197,821	202,227	207,145	
	Exotic Plant Operating							
1-35001	Operations & Maintenance Svc	18,610	19,170	23,004	20,284	25,184	25,688	
1-35003	Disposal Fees	5,292	5,960	7,152	6,630	7,230	7,375	
1-35004	Operating Supplies	17,686	14,144	16,973	17,974	17,974	18,333	
1-35006	Vehicle Maintenance	8,919	6,260	7,512	10,221	9,221	9,406	
1-35008	Chemicals	5,031	3,935	4,723	7,562	7,062	7,415	
1-35010	Maintenance Contracts	57,497	57,497	58,000	58,000	58,000	59,000	
	Total Exotic Plant Operating:	113,034	106 967	117 ,364	120,671	124,671	127,216	

1-35101	Capital Outlay Exotic Plant
Equipment	49,207	155,85I	
1 - 35102	Building	
1-35103	Other	
Total Exotic Plant Capital Outlay:	 	49,207		155 ,856	
	TOTAL EXOTIC PLANT REMOVAL DIVISION	352,725	254,220	294,067	318,493	326,899	490 ,218	
	
   SHOP OPERATIONS DIVISION								
	Personnel							
1-18001	Regular Salaries	50,184	39,231	47,078	53,613	53,613	54,953	
1-18002	Overtime	5,423	4,473	5,367	5,513	5,513	6,651	
1-18003	FICA	4,234	3,397	4,077	4,523	4,616	4,731	
1-18004	Retirement Contributions	5,015	4,071	4,886	5,321	5,321	5,454	
1-18013	Uniforms	490	354	424	762	762	778	
1-18015	Training, Cont. Educ., and Licensing	326	438	525	2,140	1,640	1,673	
1-18016	Annual PTO					974	998	
1-18017	Cell Stipend					240	240	
	Total Shop Personnel:	65,672	51,964	62,357	71,872	72,679	74,478	
	Shop Operating							
1-36001	Operations & Maintenance Svc	8,632	6,950	8,340	9,549	11,049	11,270	
1-36002	Disposal Fees	2,465	1,740	2,088	4,080	3,580	3,652	
1-36003	Operating Supplies	7,050	7,410	8,892	9,145	9,145	9,328	
1-36006	Machinery & Equipment	17,080	11,841	14,209	16,855	16,855	17192	
	Total Shop Operating:	35,226	27,941	33,529	39,630	40,630	41,442	
	   Caeital Outfall Shoe						
1-36101	Equipment	2,900	3,480	2,900		
1-36102	Building					
1-36103	Other					

 	 :	I

,EHERAI RJHD
AVE YEAR OPERATIHu FDRECAST

ActualYTD
FY2017
 	2,900

Estimate EOY
FY2017

Orig. Budget FY 2017

Final Amended Budget
FY 2017

 	3,480	2,900	

Total Shop Capital Outlay:
   SHOP OPERATIONS DIVISION	100,899	82,805	99,366	111,502   -	11 6,209	115 920
Total Operating Expenses	 	2,372,260	1,955,244	 	2,247,246	3,023,523	2,972,767	3,282,321 

NON-OPERATING INCOME AND EXPENSES
Other Expense

   DEBT SERVICE EXPENSES		
	
1-04013 Principal 2014 Bond Issue - sent to Trustee	250,000	125,000	255,000	255,000	265,000	
1-04013    Interest 2014 Bond issue - sent to Trustee	 	135.975	68,747	 	134.456	134,456	126 417 	
TOTAL DEBT SERVICE: 	385,975	193,747	 	389,456	389,456	391,417 	

   CAPITAL IMPROVEMENT			
 					
Capital Improvement Program R&R	56,544		56,544	56,544	54,044	
Add R&R Funding / Grant Revenue	75,000					
Add SWD funds from City for DS commitment	14,025		10,544	10,544	8,583	
Land Sale Transfer to R&R Funding					1 067 000	
TOTAL OTHER CAPITAL EXPENSES R&R FUND: 	145,570		 	67,088	67,088	1,129,627 	
Total Expenses	$	2,903,804	$	2,148,991	$	2,247,246	$	3,480,068	$	3,429,312	$	4,803,366	
							
Total Revenu es	$	3,256,994	$	3,306 ,802	$	3,316,135	$	3,228,378	$	3,362,124	$	4,352,367	
							
Surplus/(Deficit)	353,189	1,157,811	1,068 ,889	(251 ,690)	(67,187)	 		(450,999)1	
Available Operating Cash Balance (Ending)	  	$	3,078,332	$	4,236,143	$	4,147,221	$	2,826,642 	   $	3,011,145 	    $	2,560,146 	

 
Budget	Forecast

 	FY2018		FY 2019	FY 2020	FY 2021	FY 2022

General Fund Balance (Beginning)	3,011,145

OPERATING REVENUE	2,560,146	2,423,566	2,119,738	1,785,186	
1-04001	Permit Fees						
1-04002	Grant Revenue						
1-04003	Miscellaneous Fees	437	454	472	491	511	
1-04004	Storm Water Drainage Fees From City	1,762,872	1,762,872	1,762,872	1,762,872	1,762,872	
1-04005	Project Maintenance Fees	41,141	41,141	41,141	41,964	42,803	
1-04006	Interest	27	30	33	36	40	
1-04007	Special Maintenance Assessments	1,080,890	1,030,890	1,030,890	1,030,890	1,030,890	
1-04008	lnterfund Transfers						
1-04009	Miscellaneous Income						
1-04010	WMB Prepayment						
1-04012	Stormwater Drainage from City for Bond	391,417	388,223	390,091	391,138	392,017	
1-04014	Stormwater Drainage from City for Lake Harvey R&R	8,583	11,777	9,909	8,862	7,983	
	Total Revenues	$	4,352,367	$ 3,235,387	$	3,235,408	$	3,236,253	$	3,237,116	

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 Meetin Ex enses	2,447	2,500	2,556	2,612	2,669	
	TOTAL BOARD OF SUPERVISORS	15,365	15,418	15,474	15,530	15,587	

District Manager					
1-06001	Assessment Fees & Costs	8,964	9,161	9,363	9,569	9,779	
1-06003	Operations & Maintenance Services	3,005	3,071	3,139	3,208	3,279	
1-06005	Management Contract	15 ,538	39,000	39,858	40,735	41,631	
1-06009	Travel & Per Diem	790	808	825	844	862	
	TOTAL DISTRICT MANAGER	28,298	52,041	53,185	54,355	55,551	

Finance					
1-07001	Dissemination Agent	2,030	2,030	2,030	2,030	2,030	
1-07002	Arbitrage	1,779	1,818	1,858	1,899	1,941	
1-07004	Accounting Services	34,696	35,459	36,239	37,036	37,851	
1-07005	Auditing	16,978	17,351	17,733	18,123	18,522	
1-07007	Banking Services	3,957	4,045	4,133	4,224	4,317	
1-07009	Property & Casualty Insurance	54,614	55,706	68,820	59,197	60,381	
1-07018	Prooertv Taxes & Assessments	39,113	39,113	39,113	39,113	39,113	
	TOTAL FINANCE	153,166	155,521	169,926	161,621	164,154	

Grant Management					
1-12001   Contractual Services -GM	1,157	1,182	1,208	1,235	1,262	
TOTAL GRANT MANAGEMENT	1,157	1,182	1,208	1,235	1,262	

1-13002	
Clerk to the Board
Other Contractual Services	
 	
7,966	

8,141	

8,320	

8,503	

8,690	
1-13004	Postage & Freight	 	1,328 	1,358	1,388	1,418	1,449	

D                                        

 	Forecast	
FY 2019	FY 2020	FY 2021	FY 2022

1-13005 Printing & Binding 1-13007 Legal Ads
 	TOTAL CLERK TO THE BOAR

Legal Services
1-19001    General Counsel
1-23001    Special Counsel

2,392	2,444	2,498	2,553
1,513	 	1,546	1,580	1,615
13,403	 	13,698	14,000	14,308

41,832	42,752	43,692	44,654	45,636
7,074	7,229	 	7,388	7,551	7,717

 	TOTAL LEGAL COUNSEL	48,905	49,981	 	51,081	52,205	53,353

Engineering Services
1-26002    Engineering Services

33,304	34,037	 	34,785	35,551	36,333

 	TOTAL ENGINEERING	33,304	34,037	 	34,785	35,551	36,333

Pollution Control
1-29002 Regulatory & Permit Fees

4,949	5,057	 	5,169	5,282	5,399

 	TOTAL POLLUTION CONTROL	4,949	5,057	5,169 	5,282 	5,399 

ADMINISTRATION DIVISION
Personnel
1-15001	Regular Salaries	243,404	249,489	335,726	344,119	352,722	
1-15002	Overtime	1,971	2,020	2,071	2,123	2,176	
1-15003	FICA	21,041	23,316	29,995	30,720	31,463	
1-15004	Retirement Contributions	23,482	26,146	33,989	34,828	35,688	
1-15005	Health/Life/Dental Insurance	394,109	421,697	471,216	504,201	539,495	
1-15006	Workers Comp	18,908	19,286	19,672	20,065	20,467	
1-15007	Unemployment Insurance	4,884	5,006	5,131	5,259	5,391	
1-15010	Uniforms	1,687	1,724	1,762	1,801	1,840	
1-15012	Training, Cont. Educ., and Licensing	3,199	3,270	3,342	3,415	3,490	
1-15014	Annual PTO	5,758	5,885	6,014	6,146	6,282	
1-15015	Cell Stipend	1,17.0	1,196	1,222	1,249	1,276	
Total Administrati  on·  Personnel:-----'72-6-,81-3--- '7-66-,2-35---- -9-17-,3-40-'---'96-1,-12-7---'-1,0-0-7,490
ADMIN Operating	
1-33001	Other Contractual Services	56,377		52,505		53,555		54,626		55,719	
1-33002	Website Maintenance	3,324		3,391		3,459		3,528		3,598	
1-33004	Water - Irrigation	3,197		3,261		3,326		3,393		3,460	
1-33005	Telephone & Cell Service	13,647		13,920		14,199		14,483		14,772	
1-33006	Postage & Freight	1,069		1,090		1,112		1,134		1,157	
	Electricity Services	5,402		5,510		5,565		5,955		6,372	
1-33010	Equipment Leasing	3,852		3,929		4,008		4,088		4,170	
	Administration Maintenance	4,166		4,250		4,335		4,421		4,510	
1-33018	Contingencies - Hurricane	20,400		20,400		20,400		20,400		20,400	
1-33019	Office Supplies	4,132		4,215		4,299		4,385		4,473	
1-33020	Fuel & Lubricants - Vehicle	26,141		27,448		28,821		30,262		31,775	
1-33021	Operating Supplies and Expenses	8,729		8,904		9,082		9,263		9,441;3	
1-33022	Computer Software	3,136		3,199		3,263		3,328		3,395	
1-33023	Computer Hardware/ Supplies	2,500		2,500		2,500					
1-33024	Fuel & Lubricants - Equipment	13,101		13,756		14,444		15,166		15,924	
1-33025	Minor Construction Expenses										
	Total Administration Operating:	169,174-	-	168,277 -	-	172,366-	-	174,431-	-	179,172	

BQdgii(
 	FY20t8	

 	Forecast	
FY 2019	FY 2020	FY 2021	FY 2022

Capital Outlay Administration	 	
1-33101 Equipment

1-33102 Building

34,0 74 1

1-33103 Other		 			 Total Administration Capital Outlay: 		3_4_0'-,7_4_7 	_

 	TOTAL ADMINISTRATION	1,236,735	934,512 	1,089,705 	1,135,558 	1,186,663 

AQUATICS DIVISION
Personnel
1-14001	Regular Salaries	268,631	275,347	282,230	289,286	296,518	
1-14002	Overtime	16,889	17,311	17,744	18,187	18,642	
1-14003	FICA	22,225	22,779	23,346	23,928	24,524	
1-14004	Retirement Contributions	25,697	26,339	26,998	27,673	28,364	
1-14008	Uniforms	3,843	3,919	3,998	4,078	4,159	
1-14011	Annual PTO	4,313	4,399	4,487	4,577	4,669	
1-14012	Cell Stipend	 	690	704	718	732	747 	
Total Aquatics Personnel:  		   ;3c...4..:..6.:..:,0...c0.c..0  	..;;3..;;.5_4,:. 5.c..86_;  	...c3.c..63"',..:..3. 84_;  	    ;3..:..7;;;.2,'-4-'-02;;;.  	3;_8;..;1..:..,6;...4..:..3_	
	Aquatics Operating						
1-31001	Operations & Maintenance Svc	11 , 031	11,251	11,476	11,706	11,940	
1-31003	Disposal Fees	5,432	5,540	5,651	5,764	5,879	
1-31005	Operating Supplies	7,735	7,890	8,048	8,209	8,373	
1-31009	Equipment Maintenance	14,502	14,792	15,088	15,389	15,697	
1-31011	Chemicals	141,857	148,950	156,397	164,217	172,428	
1-31012	Machinery & Equipment	6,710	 	6,544 	6,375 	6,202 	6,026 	

1-31101	
Capital Outlay Aquatics
Equipment	Total Aquatics Operating:  	  187,2_6_6_  	194,967 
 	
30,00	12,000	 	203,034 	211,487 	220,343 

50,000	
1-31102	Building			
1-31103	Other	1		

Total Aquatics Capital Outlay:  	3_0'-,0_0_0 	1_2'-,o_oo		s"o",''o""_oo	    _

	TOTAL AQUATICS DIVISION	563,266	561,552	616,419	583,889	601,986	
	
STORM WATER MANAGEMENT DIVISION						
	Personnel						
1-16001	Regular Salaries	337,934	346,382	355,042	363,918	373,016	
1-16002	Overtime	18,816	19,286	19,768	20,263	20,769	
1-16003	FICA	27,932	28,627	29,340	30,070	30,818	
1-16004	Retirement Contributions	32,107	32,910	33,733	34,576	35,441	
1-16008	Uniforms	3,583	3,655	3,728	3,803	3,879	
1-16011	Annual PTO	7,506	7,656	7,809	7,965	8,125	
1-16012	Cell Stipend	 	870	887	905	923	942 	
Total  Storm  Water  Personnel: 	4'""3"""0"",9_7.  3 	44_1'-,6_73		4_52""','""64_0		4_6_3,:..:.8_7_9 	4_7-'5..:..,3;..;9_7_	
	Storm Water Operating						
1-34001	Operations & Maintenance Svc	15,758	16,073	16,394	16,722	17,057	
1-34002	Laboratory Services	3,083	3,145	3,208	3,272	3,338	
1-34004	Disposal Fees	2,081	2,122	2,165	2,208	2,252	
1-34005	Operating Supplies	14,952	15,251	15,556	15,867	16,184	

 	Ptl 011			 	
FY 2019	Forecast	
FY 2020	FY 2021	
FY 2022	

1-34006	
Storm Ditch Maint						
1-34007	Landscape Materials	35,000	25,000	25,000	25,000	25,000	
1-34008	Vehicle Maintenance	12,443	12,692	12,946	13,205	13,469	
1-34009	Equipment Maintenance	21,783	22,218	22,663	23,116	23,578	
1-34011	Chemicals	3,080	3,234	3,395	3,565	3,743	
1-34014	Electricity Services	3,772	3,847	3,886	4,158	4,365	
Total Storm Water Operating: 	111,950		103,582	105,212	107,112	108,986	 Capital Outlay Storm Water	 		

1-34101 Equipment
1-34102 Building
1-34103 Other - GIS Mapping

35.00 I

60,890

	TOTAL STORM WATER MANAGEMENT DIVISION	577,924	606,145	557,852	570,991	584,383	
	
EXOTIC PLANT REMOVAL DIVISION						
	Personnel						
1-17001	Regular Salaries	163,221	167,302	171,484	175,771	180,165	
1-17002	Overtime	5,661	5,802	5,947	6,096	6,248	
1-17003	FICA	13,233	13,562	13,899	14,245	14,600	
1-17004	Retirement Contributions	15,199	15,579	15,969	16,368	16,777	
1-17008	Uniforms	3,562	3,634	3,706	3,780	3,856	
1-17011	Annual PTO	3,643	3,716	3,790	3,866	3,943	
1-17012	Cell Stipend	450	459	468	478	487	
Total Exotic Plant Personnel: 	207,145	212,273	217,528	222,914	228,433	
Exotic Plant Operating	
1-35001	Operations & Maintenance Svc	25,688	26,202	26,726	27,260	27,805	
1-35003	Disposal Fees	7,375	7,522	7,673	7,826	7,983	
1-35004	Operating Supplies	18,333	18,700	19,074	19,456	19,845	
1-35006	Vehicle Maintenance	9,406	9,594	9,785	9,981	10,181	
1-35008	Chemicals	7,415	7,786	8,175	8,584	9,013	
1-35010	Maintenance Contracts	59,000	59,000	59,000	59,000	59,000	
	Total Exotic Plant Operating:
Capital Outlay Exotic Plant	 	127,216	128,803	130,433	132,107	133,826	
 		
1-35101	Equipment		
1-35102	Building		
1-35103	Other		
Total Exotic Plant Capital Outlay: 	155,856		
	TOTAL EXOTIC PLANT REMOVAL DIVISION	490,218	341,076	347,961	355,020	362,259		
	
   SHOP OPERATIONS DIVISION							
	Personnel							
1-18001	Regular Salaries	54,953	56,327	57,735	59,178	60,658		
1-18002	Overtime	5,651	5,792	5,937	6,086	6,238		
1-18003	FICA	4,731	4,752	4,871	4,993	5,118		
1-18004	Retirement Contributions	5,454	5,591	5,730	5,874	6,021		
1-18013	Uniforms	778	793	809	825	842		
1-18016	Annual PTO	998	1,018	1,039	1,059	1,081		

Total Storm Water Capital Outlay: 	35,000	60,890	

155,85I

 
B_udget	Forecast

 	FY2018		FY 2019	FY 2020	FY 2021	FY2022
1-18017   Cell Stipend	 	240 I	245	250	255	260 
Total Shop Personnel: 	74,478	76,224	78,111	80,045	82,026 
Shop Operating
1-36001	Operations & Maintenance Svc		11,270	11,496	11,726	11,960	12,200	
1-36002	Disposal Fees		3,652	3,725	3,799	3,875	3,953	
1-36003	Operating Supplies		9,328	9,515	9,705	9,899	10,097	
1-36006	Machinery & Equipment		17,192	17,536	17,887	18,244	18,609	
		Total Shop Operating:	41,442	42,271	43,117	43,979	44,859	

1-36101	  Ca);!ital Outlal( ShOJ;!	
Equipment		 		
22,000				

1-36102 Building
1-36103 Other

 	:   I	
Total Shop Capital Outlay: 		22,000     	

SHOP OPERATIONS DIVISION	115,920	140,496	121,228	124,024	 		126,885	
							
Total Operating Expenses	3,282,321	2,910,423	3,077,691	3,109,261		3,208,122	
NON-OPERATING INCOME AND EXPENSES

  DEBT SERVICE EXPENSES	
1-04013 Principal 2014 Bond Issue - sent to Trustee	
265,000	
270,000	
280,000	
290,000	
300,000	
1-04013 Interest 2014 Bond issue - sent to Trustee	126,417	118,223	110,091	101,138	92,017	
TOTAL DEBT SERVICE:	391,417	388,223	390,091	391,138	392,017	
CAPITAL IMPROVEMENT						

Other Ex12ense

Capital Improvement Program R&R	54,044	51,544		51,544	51,544		51,544	
Add R&R Funding / Grant Revenue		10,000		10,000	10,000		10,000	
Add SWD funds from City for OS commitment	8,583	11,777		9,909	8,862		7,983	
Land Sale Transfer to R&R Funding	1,067,000							
TOTAL OTHER CAPITAL EXPENSES  R&R FUND:  		1,129,627   		73,322	 		71,453	 		70,406	 		69,528	
Total Expenses	 $ 	4,803,366 	$ 	3,371,967	    $ 	3,539,235	$	3,570,805	    $ 	3,669,667	
Total Revenues	 $ 	4,352,367 	$ 	3,235,387	    $ 	3,235,408	$ 3,236,253	    $ 	3,237,116	
Surplus/(Deficit)	 		!450,999)1	(136,580)		(303,827)	(334,552)		(432,551)	
Available  Operating  Cash Balance (Ending)	 $	2,560,146	$    2,423,566	$	2,119,738	$ 1,785,186 $ 1,352,635 

GENERAL  FUND RENEWAL & REPLACEMENT FUND

ACTUALS
      FY 2016	FY 2017	FY 2018	FY 2019	FY 2020	FY 2021	FY 2022 

	Estimated Beginning Fund Balance	1,688,222	989,285	373,974	919,773	805,590	687,381	562,708	
ADD REVENUES: 									
	Grant Revenue	153,791							
	Interest Revenues								
	5% Recommended Annual Transfer+ Additional Annual Transfer	56,544	56,544	54,044	51,544	51,544	51,544	51,544	
	Additional funds from General Surplus Funds	75,000		1,067,000	10,000	10,000	10,000	10,000	
Excess  Storm Water Fees - Bonds	 	14,025	10,544	8,583	11,777	11,501	8,862	7,983

	TOTAL REVENUES AND FUNDS AVAILABLE	1,987,582	1,056,374	1,503,601	993,095	878,636	757,788	632,235	
 	DEDUCT											
 EXPENDITURES: 										
WM001	1-46001	Stormwater Emergency Renewal and Replacement	276,515	135,400	183,828	187,505	191,255	195,080	197,031	
WM013	1-46003	Basin 4E & 5	646,287							
WM014	1-46004	Basin 2C Wetland Vertical Relocation & Storage	49,562	12,000						
WM017	1-46007	Street to Pond Repairs (POA)								
WM018	1-46008	Basin 2C 3B interconnect								
WM019	1-46009	Lake Harvey Improvements	25,934	535,000						
Lift Station #1 Relocation	 	400,000		

TOTAL EXPENDITURES	
998,297	
682,400	
583,828	
187,505	
191,255	
195,080	
197,031		
FUND BALANCE, SEPTEMBER 30	989,285	373,974	919,773	805,590	687,381	562,708	435,205		

REVENUE SOURCES

St Lucie West Services District receives appraximately 88% af their aperating Revenues for the General Fund fram the special assessment they levy an praperty awners and the transfer af starm drainage fees fram the City af Part St Lu cie.

General Fund Revenues

Permit fees
Revenue received by the District Engineer for the review af precanstructian appraval plans and specificatians for facilities that are ta became a part af the surface water management system awned and aperated by the District.

Grant Revenue
Revenue received fram Federal ar State agencies for Grants. This revenue is circumstantial and must be applied for. In recent years the District has received Grant manies fram such agencies such as FEMA which affered maney for hurricane related expenses.

Miscellaneous Fees
This is a cantingency line for any miscellaneaus revenues received during the caurse af the year. This wauld include revenue received for the aut-saurcing af the videa ray system, vacan truck as well as the aquatic ha rveste r.

StormWater Drainage fees
Revenue received fram the City af Part St. Lucie for the assessment placed an praperty awners for the maintenance af the Starm Water Drainage system. Presently the District receives 75% af the tatal amaunt assessed an praperty awners af the District. District will receive additianal funding fram any increase that the City levies for additianal funding. Currently at $158.00 per ERU .

Project Maintenance Fees
Revenue received fram the Water a Sewer fund for the landscaping maintenance an the praperty awned by the Water a Sewer fund.
Interest Revenue
This accaunt reflects all interest earnings in all nan-restricted cash accaunts that belang ta the General Fun d.

Special Assessments
Nan-advalarem tax revenue received fram the praperty awners af the District f□r the maintenance and aperatianal casts af the District. The special assessment fee is prapased ta decease by $5.00 per ERU, the prapased rate is $1□6.00 per ERU .
Miscellaneous Income
This cade is for revenue that daes nat qualify f□r any af the ather revenue categar ies.

StormWater Drainage fees for [anti Purchase Bontl Payment
Revenue received fram the City af Part St. Lucie for the assessment placed an praperty awners for the maintenance af the Starm Water Drainage system. Presently the District receives 75% af the tatal amaunt assessed an praperty owners of the District. District will receive additional funding $400,000 for land purchase band payment.

OPERATING EXPENSE'S

Operating expenses include the cost for personnel, mate rials, main tenan ce, 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 ser vice. Salaries are paid on a $200 per board meet in g, for a total maximum amount of
$4,800 per seat, per fiscal year. This expense is shared equally with the Water 6 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 i ncurred.

District Mana_ger

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

Operations G 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 2□18 is based on the salary difference of the Utility
Director salary and the Contract for the District Manager which is shared between the Water 6 Sewer Fund 50% and the General Fund 50%.

TravelG Per Diem
Charges billed directly from the SOS,  Inc. or the District Manager for travel expenses as allowed  by the contract for District Bu sin ess. All charges are billed in accordance with Section 112.061, Florida Statute s.

Finance

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

Arhitrage
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 SOS, Inc. The expense is shared with the Water 6 Sewer Fund.

Auditing
This includes expenses that are incurred from the District's Annual Financial Audit as required by Florida Statute s. This amount is split between the Water 6 Sewer Fund and the General Fund , 56% and 44% respectively.

Banking Services
Charges far banking services such as bank service charges and trust account administration exp enses.

Property GCasualty Insurance
This expense includes the annual insurance premium that provides protection far the Districts general liability, auto and property coverage. A minor increase is assumed far the FY2Dl8 Budget year. Coverage is from October I through September 30 each year.

Property Taxes G Assessments
Charges from St. Lucie County far placing the special assessments an the tax roll. Charge is equal ta 2% of the total assessments placed an the
tax roll and far 15% of the City of PSL St□rwm  ater Special Assessment section of the lnterl□cal Agreement.

Grant Management

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

Clerk ta the Board

Other Contractual Services
Contractual services provided by SOS, Inc far the Board Clerk and records service provided. This expense is shared with the Water 6 Sewer Fund .

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

Printing G Binding
Charges far printing and binding age nd as, packages, audit reports and budget materials as well as copy charges far the normal daily work flaw.

Legal Ads
Charges far legal ads pasted in the local newspapers far notices of Board meetings and Public Hearin gs.

General Counsel

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

Sp_ecial Counsel

Legal Services
Legal fees associated with any labor matters the District may have. For the FY2Dl8 budget this line item particularly refers ta legal matters regarding labor issues.

,.

GENERAL FUND BUDGET ACCOUNT DESCRIPTIONS AND ASSUMPTIONS

Engineering  Services

Engineering Services
Charges billed fr□m the District Engineer offic e. These charges include Wark Au th□riza ti□n prepa ration, Board meeting assistance as well as any other engineering expense relating t□ the General Fund activi ties.

Pollution Control

Regulatory G Permit Fees
The District is required to pay an annual fee for the regulatory permit for P□llu ti□n C□ntr□I.

GENERAL FUND ADMINISTRATION DIVISION

PersonnelEx enses

Regular Salaries
Includes the District's administrative employee's basic salaries. The total budget is estimated using a tabulation □f all approved p□siti□ns, applying the appropriate increases and allowing a factor for unfilled vacancies. We are pr□p□si ng □ne new full time p□siti□n and □ne part time CSR  p□siti□n as well as same re□rganizati□n for this FY. This year we are pr□p□sing t□ give a 2.5% increase to all employees based on the Bureau of Labor Statics CPI. This als□ 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 thm combined expenses is 7.65% of total salar ies.

Retirement Contributions
After □ne 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, L,1e anti Dental Insurance
This includes hea lth, life and dental insurance benefits provided to all employees of the District.

Workers Compensation
The District provides workers compensation t□ any employee who is injured while at work. Under the provisions of the Florida Workers
Compensation wla  , a no-fault insurance plan which is supervised by the State of Florida, the District pays for ID□% 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 □n their position.

Training, Cont Education G Licensing
The District provides the employee with training opportunities in order to upgrade □r obtain additional mtifications. These certifications include all office related education, Computer programmin g, HR classes, and Microsoft Techn□logy

GENERAL FUND BUDGET ACCOUNT DESCRIPTIONS AND ASSUMPTIONS

Yehicle Allowance
ThB District pr□vidBs far a vBhiclB all□wancB far cBrtain p□siti□ns instBad □f providing a vBhiclB and ass□ciatBd casts.

Annual PTO
ThB District pr□vidBs pBrs□nal IBaVB and all□ws a maximum cash-□ut Bach year. this c□dB c□vBrs thB maximum Bxp□surB far Bach FY.

Cell Phone Stipend
ThB District pr□vidBs □pti□nal cBII ph□nB stipend t□ all Bmpl□yBes. this c□dB cavers thB maximum exposure far Bach FY.
Administration (□perating)
Other Contractual Services
Charges far miscBlla ne□us expensBs relating t□ thB rBpairs of officB BquipmBnt. Air/ c□nditi□ning sBrvice, Computer support. pBst control and SBcurity alarm rBpairs ECT .

Website Maintenance
ThB District will bB looking into upgrading the currBnt websitB with incrBasBd function far the budgBt yBar.

Water - Irrigation
This covBrs thB BxpensB of using irrigation watBr □n District ownBd common ground arnas and thB District Utility and MaintBnancB sitB, including thB Administration Building.

Telephone GCell Services
ThBse chargBs includB the landline tBIBphone SBrvicB that is usBd in thB District officB as wBII as cBllular ph□nB servicBs. District Staff will c□ntinuBto l□□k at altBrnativBs in thB 2□18 budgBt yBar t□ rnducB costs of communica tions.
Postage G freight
This line itBm includBs postagBs chargBs for thB District.

Electricity Services
Includes BIBctricity charges far grounds and signs as WBII as a split far thB administrativB building owned by thB District.

Equipment Leasing
ThB District has □nB copiBr that is IBasBd.

Administrative Maintenance
ThesB chargBs include WBekly cleaning of thB District's buildings. This also includBs Bxtra sBrvicBs such as carpet clBaning and furniturB upholstery.

Contingencies Hurricane
This account is allocatBd to fund any Bxtraordinary BXpBnsBs thB District incurs rBlating to hurricanB preparation and/or damagBs to District propBrty far budgBt year 2□18.
Office Supplies
lncludBs genBral supply charges far thB operations of thB Districts officBs.

fuelG Lubricants-Yehicles
Fuel purchasBd far all vehicles used in the GBneral Fund. The FY2Dl8 shows an increase of 5%.

GENERAL FUND BUDGET
ACCOUNT DESCRIPTIONS AND ASSUMPTIONS

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.

FuelGlubricants-Equipment
Fuel purchased for all equipment  used in the General Fund. Such equipment includes tractors, mwo assumes a 5% inc rease.

ers, boats, and pumps. The FY-2018 Budget

MinorConstruction 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,DDD . No expenditures planned for this fiscal year.

Building
This code is for buildings or land purchases over $1,DDD. Move the new Administration Building into this fiscal year split with the UT Fund .

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

ADUATICS DIVISION

A9uatics Personnel

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

Aquatics Division (Operating)

Operations G Maintenance Services
Includes expenses for general maintenance contracts for services. Such services are provided for special studies and operating maintenance by outside contractor s.	·

Disposal Fees
Charges incurred for the disposal of certain aquatic planmt

ater ial.

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.

Yehicle Maintenance, Equipment Maintenance, anti Miscellaneous Expenses
The ab□ve categories are the same as described in the Administration Budget.

Chemicals
This includes all chemicals used f□r aquatic weed c□ntr□I herbicid es, algaec ides, Sonar, and Strike f□r midge flies.

Machinery G Equipment
The District staff is requesting same new machinery that is n□t considered a capital expense according t□ the Districts capital expenditure threshold. This includes new sprayers and back pack sprayers f□r use in aquatic weed c□nt r□I.

General Fund Aquatics Division - Capital Outlay

Equipment; Building; Other
The ab□ve categories are the same as described in the Administration Budget. Replace 2□10 F-150 truck f□r $30,000 FYl8. Na □ther expenditures planned f□r this fiscal year.
STORM WATER MAINTENANCE □IVI Sl□N
Storm Water Maintenance Personnel

Regular Salaries; Overtime,· FICA: Retirement Contributions;Uniforms: Training G Education Expenses; Annual PTOantiCell Stipend
The ab□ve categories are the same as described in the Administration Budget

Storm Water Maintenance Division (Operating)

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

laboratory Services
This line item includes lab□rat□ry services f□r test related t□ the st□mr water  p□nd s.

Storm Ditch Maintenance
This line item includes heavy mechanical cleaning □f ditche s, Lake bank repairs, andm a j□r st□rm water pipe conveyance repai rs.

landscape Materials
This line item includes plant material f□r st□rmw ater  banks and preserves.

Yehicle 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 ab□ve categories are the same as described in the Administration Budget. Plan t□ replace the Vac-c□n f□r the st□mr   water division
which is split with the UT Fund estimated at $200,000 expect t□ award in 2□17FY but take delivery in 2□18FY. The $35,000 expenditure in the Building CO Cade is f□r c□nv ersi□n □f the garage area .

EXOTIC PLANT REMOVAL DIVISION

Exotic Plant Removal Personnel

Regular Salaries; Overtime; FICA: Retirement Contrihutions;Uniforms; Training G Education Expenses; Annual PTOandCell Stipend
The above categories are the same as described in the Administration Budget

Exotic Plant Removal Division (Operating)

Operations G Maintenance Services, Disposal Fees, Operating Supplies, Chemicals, andVehicle Maintenance,
The above categories are the same as described in the St□rwm  ater Division Budget.

Maintenance Contract
New Line item far the contracting □f an outside contractor ta support District staff in the removal □f exotic plant material from District awned Wetlands H Buffe rs. Will enhance the frequency □f maintenance ta 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. Proposed replacement □f a 2D15 Kawasaki Mul e, 2DDS Chipp er, Chipper Truck and the Correction Officers Truck.

SHOP OPERATION DIVISION

Sho.PJ!.p_erational Personnel

Regular Salaries,· Overtime; FICA; Retirement Contrihutions,·Uniforms,· Training G Education Expenses,· Annual PTOandCell Stipend
The above categories are the same as described in the Administration Budget

Shop Operations Division (Operating)

Operations G Maintenance Services, Disposal fees, Operating Supplies, andVehicle Maintenance
The above categories are the same as described in the St□rwm  ate r Division Budget.

General Fund Shop Operations Division - Capital Outlay

Equipment· Building; Other
The above categories are the same as described in the Administration Budget. Proposed replacement □f 2D10 F-350 truck which is split with the UT Fund.

General fundRenewalG Replacement fund
The line item is far Storm Water Renewal and Replacement Fund recommending 5% □f the Maintenance Special Assessments Revenue far emergency repairs related ta the storm water infrastructure and planned Capital Improvement Projects which were not captured in the Water Management Band.

Emergency St□rwm  ater  Repai rs:   $183,828
Lift-station #I Relocat ion:	$400,DDD

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 2017 with a deficit due in part to the replacement of the 2009 Vac-con. The Proposed Budget for FY 2018 reflects no Rate Increase. The Proposed Budget for FY 2018 anticipates a deficit due to the administration building expansion project.

Assumptions Used in Preparing the Budget

Inflation - The following inflationary rates are utilized; for the regular salaries line item the rate increased to 2.5% for FY 2018 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 3.95% this year, and liability insurance 3.01% this year for which national projections call for continuing increases. Energy costs are expected to grow at an inflation rate of 1.86% as well.

Rate Adjustment - There is no rate adjustment planned for FY 2018 in this budget based on the current factors. The Rate Stabilization Fund balance is expected to exceed $580,000 for FY2018.

Operating Improvements
This budget includes a few small dollar cost improvements. We are continuing the funding of the water conservation effort with customers by providing rebate on items such as low flow toilets and low flow shower heads. This program will be funded at an annual amount of $9,000 and is designed to encourage water conservation.

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

Capital Improvement Progra

The capital improvement program has several items for your review, a total cost in FY 2018 of
$4,317,346. In a continuation of a change started  in FY 2006,  we are proposing to continue to pay for the capital items directly rather than financing the purchase over a number of years. The typical interest rates charged for lease financing are significant, and therefore the District can save a significant amount by purchasing these items rather than leasing them. The Renewal and Replacement Fund Budget is $2,111,177; the Water Connection Fee Budget is $829,016; the Wastewater Connection Fee Budget is $0 and the Capital Outlay Budget is $1,036,406 for FY 2018.

Major capital projects contained in the capital budget for FY 2018 include the continuation of the Lift Station Renewal and Replacement project at $139,000, Emergency Renewal and Replacement Projects at $190,026, Main Reuse Pump Station improvements at $1,002,000, main water line extension at $361,406 and meter replacement program at $418,379 (FY 2018). The Renewal and Replacement Fund also includes funding for emergency repairs to Association irrigation system. The Water Connection Fee Fund has one major project planned for FY2018 the water treatment plant clearwelljtransfer pumps expansion project estimated at $675,000. The Wastewater Connection Fee Fund has no major projects planned for FY2018. The Capital Outlay Budget propose the replacement of several vehicles and start the construction on the new administration building all totaling for
$632,816 for the Utility Fund.

Wholesale Water & Wastewater $558,183.00 6.18%

I	FISCAL YEAR 2018	I

Billed Wastewater Revenues $3,529,874.00 39.06%

Billed Irrigation Revenue
$1,801,615.00  19.94%

Billed Water Revenues
$3,062,953.00 33.89%

Other Operating Revenue
$81,738.00 0.90%

AFPI Revenue $2,484.00 0.03% _

TOTAL REVENUES	$	9,036,847

PERCENT
  TOTALS	REVENUES	

Billed Water Revenues	$	3,062,953.00	33.89%	
Billed Wastewater Revenues	$	3,529,874.00	39.06%	
Billed Irrigation Revenue	$	1,801,615.00	19.94%	
Wholesale Water & Wastewater	$	558,183.00	6.18%	
AFPI Revenue	$	2,484.00	0.03%	
Other Operating Revenue	_J	81,738.00	0.90%	
TOTAL REVENUE	$	9,036,847	100.00%	

W&S PRIOR YEARS FUND BALANCE	$	
6,169,784		

Wastewater Treatment\_ Water Treatment Plant Underground Utilities Plant Division

Irrigation Division 3.37%

Administration Division 21.71%

Debt Service Payments 	_ 25%

IIF!r:::;._ 	Engineering Services
0.51%

Rate Stabilization Fund 0.90%

Clerk to the Board 0.18%

Legal Services 0.52%

R & R Transfers 11.37%

Property Control 0.08%

District Manager 0.18%

Board of Supervisors 0.16%

I	FISCAL YEAR 2018	I

Division 10.77%

9.82%

Division 12.80%

TOTAL EXPENDITURES	$	9,932,035

    CAPITAL PERSONNEL OPERATING	OUTLAY -

PERCENT

TOTALS	EXPENDITURES

Board of Supervisors	12,918	2,628		$	15,546	0.16%	
District Manager	15,584	1,865		$	17,449	0.18%	
Finance		296,873		$	296,873	2.99%	
Property Control		8,253		$	8,253	0.08%	
Utility Rate Consultant		15,172		$	15,172	0.15%	
Clerk to the Board		17,883		$	17,883	0.18%	
Legal Services		51,736		$	51,736	0.52%	
Engineering Services		50,773		$	50,773	0.51%	
Administration Division	1,039,061	483,913	632,816	$	2,155,790	21.71%	
Water Treatment Plant Division	386,542	682,904	-	$	1,069,446	10.77%	
Wastewater Treatment Plant Division	387,433	547,154	41,000	$	975,587	9.82%	
Underground Utilities Division	632,473	483,310	155,200	$	1,270,983	12.80%	
Irrigation Division	62,588	272,079	-	$	334,667	3.37%	
Debt Service Payments				2,523,091	25.40%	
Rate Stabilization Fund Transfer				-	0.00%	
R & R Transfers				1,128,786	11.37%	
TOTAL EXPENDITURES	$ 2,536,600	$2,914,543	$ 829,016	$	9,932,035	100.00%	

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

FY 2016	FY 2017	FY 2017	FY 2018	
ACTUAL	ORIGINAL BUDGET	ESTIMATE	PROPOSED	

ADD REVENUES:				
Billed Water Revenues	3,049,891	3,019,401	3,096,401	3,062,953	
Billed Wastewater Revenues	3,546,175	3,537,749	3,591,749	3,529,874	
Billed Irrigation Revenue	1,775,757	1,788,490	1,801,490	1,801,615	
Wholesale Water & Wastewater	509,163	546,819	557,319	558,183	
AFPI Revenue	108,257	2,484	11,600	2,484	
Other Operating Revenue	126,606	81,738	103,977	81,738	
TOTAL OPERATING REVENUES	9,115,849	8,976,681	9,162,535	9,036,847	
NON-OPERA TING INCOME AND EXPENSES 					
Transfer from WCF to Pay Debt

TOTAL NON-OPERATING REVENUES

FUND BALANCE, October 1	5,568,586	6,494,475	6,494,475	6,169,784	
TOTAL REVENUES AND FUNDS AVAILABLE	14,684 ,435	15,471,156	15,657,011	15,206,631	

DEDUCT EXPENDITURES:					
Board of Supervisors	16,652	15,489	15,489	15,546	
District Manager	15,716	17,029	17,029	17,449	
Finance	231,561	320,218	320,218	296,873	
Property Control	4,625	11,411	9,010	8,253	
Utility Rate Consultant	14,025	14,845	14,845	15,172	
Clerk to the Board	13,573	17,498	17,498	17,883	
Legal Services	45,956	50,812	49,812	51,736	
Engineering Services	49,570	74,288	70,288	50,773	
Administration Division	1,042,176	2,085,936	1,554,160	2,155,790	
Water Treatment Plant Division	982,210	1,045,295	1,041,325	1,069,446	
Wastewater Treatment Plant Division	858,963	975,872	910,526	975,587	
Underground Utilities Division	1,101,795	1,179,757	1,361,093	1,270,983	
Irrigation Division	308,162	355,341	327,332	334,667	
Debt Service Payments	2,519,835	2,524,602	2,524,602	2,523,091	
Rate Stabilization Fund Transfer Out
Capital improvement Projects	50,000				
Renewal & Replacement Transfers	935,141	907,281	1,254,000	1,128,786	
TOTAL EXPENDITURES	8,189,960	9,595,673	9,487,227	9,932,035	

FUND BALANCE, SEPTEMBER 30	
6,494,475	
5,875,483	
6,169,784	
5,274,596	

 	Total Revenues	$	9,115,849 
OPERATING EXPENSES		   $ 6,889,214 		   $	9,081 ,418 		    $ 8,976,681 		    $	9,162,535 	    $ 9,036,847	
Board of Supervisors										
5-05001	Execut ive Salaries	14,193	7,800	9,360	12,000	12,000	12,000	
5-05002	FICA	973	636	763	918	918	918	
5-05004	Board Meetin9 Exeenses	1,486	602	722	2,571	2,571	2,628	

 
ActualYTD FY2017

EstimateEOY FY2017

Orig . Budget FY 2017

Final Amended Budget
FY 2017

s-...daet
IM2 0:18

	Water & Sewer Fund Balance (Beginning)	5,568,586	6,494,475	6,494,475	6,494,475	6,494,475	6,169,784	
	Rate Stabilization Fund Balance (Beginning)	530,519			580,519	580,519	580,519	
	OPERATING REVENUE							
	Grants							
5-04006	Billed Water Revenue Consumption	3,049,891	2,319 ,649	3,092,865	3,019,4 01	3,096,401	3,062,953	
5-04106	Billed Water Revenue Base							
5-04007	Billed Wastewater Revenue Consumption	3,546,175	2,696,497	3,595 ,329	3,537 ,749	3,591,749	3,529,874	
5-04107	Billed Wastewater Revenue Base							
5-04009	Billed Irrigation Revenue Consumption	1,775 ,757	1 ,339 ,487	1,785 ,983	1,788,490	1,801,490	1,801,615	
5-04109	Billed Irrigation Revenue Base							
5-04010	Late Fees	80,076	58,845	45,613	38,000	58,845	38,000	
5-04012	Miscellaneous Fees	34,490	26,184	20,439	5,000	5,000	5,000	
5-04014	Wholesale Water Revenue	238,513	205,600	246,720	260,778	269,278	265,777	
5-04018	Meter Set Fees	5,800	2,600	3,467	3,550	2,600	3,550	
5-04021	Wholesale Wastewater Revenue	270,650	221,022	265,226	286,041	288,041	292,406	
5-04022	Interest (Operating)	6,240	7,732	10,310	5,388	7,73 2	5,388	
	Rate Stabilization Fund							
5-04047	Backflow Prevention Program				25,000	25,000	25,000	
5-04046	Tanker Truck Water Service				4,8 00	4,8 00	4,800	
5-04033	Water Impact (AFPI)	62,660	6,258	8,345	1,359	6,258	1,359	
5-04035	Wastewater lmeact (AFPI)	45,596	5,341	7,122	1,125	5,341	1,125	

 	TOTAL  BOARD OF SUPERVISORS	16,652 
District Manager		 	9,037 		 	10,845 		 	15,489 		 	15,489 	 	15,546	
5-06002	Management Contract	14,903	15,204	15,204	15,584	
5-06003	 	Travel & Per Diem	813	 	593 	 	712 	 	1,825 	 	1,825 	 	1,865	
	 	TOTAL DISTRICT MANAGER	15,716 	 	593 	 	712 	 	17,029 	 	17,029 	 	17,449	
	
Finance												
5-07001	Dissemination Agent				2,144	2,144	2,191	
5-07002	Arbitrage				2,4 00	2,400	2,400	
5-07003	Accounting Services	48,008	31,785	38,142	49,666	49,666	50,758	
5-07004	Auditing	13,865	14 ,150	16,980	18,212	18,212	18,613	
5-07006	Banking Services	20,762	15,162	18,195	25,354	25,354	25,912	
5-07007	Property & Casualty Insurance	148,831	26,446	180 ,743	180,743	180,743	155,000	
5-07009	 	Bad Debt	95	135 	 	162 	 	41,700 	 	41,700 	42,000		
	 	TOTAL FINANCE	231,561 	87,678 	 	254,222 	 	320,218 	 	320,218 	 	296,873		
	Property Control													
5-09001	Building & Land Rental	1,795	1,807	2,208	2,208	1,807	1,847	
5-09003	Computer Software/Licensing	1,836	2,572	3,086	3,278	3,278	3,350	
5-09004	Computer Hardware/Supplies	994	1,185	1,422	5,925	3,925	3,056	

Estimate EOY FY2017

ludg-1
FY2018

Final Amended Budget
FY 2017

Orig. Budget FY 2017

ActualYTD FY2017

[;]8
    TOTAL PROPERTY CONTROL	4,625	5,564	 	6,716	11,411	9,010	 	8,253 I

17,883

Utility Rate Consultant
5-11001	 	Other Contractual Services	14,025	1,875 	 	14,845	14,845	14,845 	 	15,172 	
	    TOTAL RATE CONSULTANT	14,025	1,875 	 	14,845	14,845	14,845 	 	15 ,172 	
	
Clerk to the Board			
5-13002	Other Contractual Services	9,693	7,320	8,784	10,178	10,178	10,402	
5-13004	Postage & Freight	980	713	856	1,452	1,452	1,484	
5-13005	Printing & Binding	1,978	1,378	1,654	3,196	3,196	3,266	
5-13006	Lel;!al Ads	924	75	90	2,672	2,672	2,731	
 	 
 	TOTAL CLERK TO THE BOARD	13 ,573	9,487	 	11 ,384	 	17,498 	17,498 

Legal Services

42,969
8,767
51,736

5-19001	General Counsel	40,043	15,513	18,615	42,045	42,045
5-23001	Seecial Counsel	5,912	1,012	1,215	8,767	7,767
 	  
 	TOTAL LEGAL COUNSEL	45,956	16,525	 	19,830	 	50,812 	49,812 

I

Engineering Services

5-26002	Engineering Services	49,570	52,533	63,039	74,288	70,288	50,773
 	   	
 	TOTAL ENGINEERING	49 ,570	52,533	 	63,039	 	74,288 	70,288	 	50,773 

     ADMINISTRATION DIVISION	

451,410
8,808
37,786
42,822
431,070
34,272
5,083
3,480
6,196
7,200
8,720
2,214

Personnel
5-14001	Regular Salaries	392,399	326,052	391,262	415,928	415,928
5-14003	Overtime	7,054	4,795	5,754	10,093	8,593
5-14004	FICA	31,239	23,826	28,591	34,305	35,006
5-14005	Retirement Contributions	36,423	29,747	35,697	39,710	39,575
5-14006	Health/Life/Dental Insurance	296,336	363,261	396,285	398,356	405,356
5-14007	Workers Comp	31,082	21,895	21,895	33,520	32,520
5-14008	Unemployment Compensation	5,959	4,959
5-14010	Uniforms	1,725	1,713	2,056	3,405	3,405
5-14012	Training & Education Costs	1,501	869	1,042	8,196	6,196
5-14013	Vehicle Allowance	6,386	5,700	6,840	7,200	7,200
5-14014	Annual PTO	89	107	8,507
5-14015	Cell Stipend	270	324	2,160
Total Administration Personnel: 	804,145	778,217 		 	889,853	956,673	969,406 	1,039,061	
	ADMIN Operating							
5-29001	Other Contractual Services	117,650	108,907	130,689	124,594	137,594	169,796	
5-29002	Website Maintenance	3,193	2,422	2,906	3,403	3,403	3,471	
5-29003	Operating Supplies	8,461	3,970	4,764	9,675	9,675	9,868	
5-29004	Storm Water Fees		26,340		42,798	64,954	65,636	
5-29005	Telephone & Cell Service	16,942	9,529	11,434	18,412	17,412	17,760	
5-29006	Postage & Freight	34,277	30,248	36,297	40,084	40,084	40,886	
5-29007	Equipment Leasing	1,604	2,094	2,513	3,113	3,113	3,176	
5-29008	Administrative Maintenance	1,986	2,183	2,619	2,038	2,938	2,997	
5-29011	Contingencies - Hurricane							
SLWSD Final Budget FY 2018 (9-19-2017)	Page 32

	ActualYTD
FY2017		Estimate EOY
FY2017		Orig. Budget
FY 2017		Budget
FY 2017		
										
5-29012	Office Supplies	2,831	3,152		3,783		3,778		4,278		4,321	
5-29013	Fuel & Lubricants - Vehicle	40,076	31,147		37,377		51,259		49,759		54,735	
5-29014	Fuel & Lubricants - Equipment	7,698	8,742		10,490		9,947		10,947		12,042	
5-29015	Minor Construction Expenses	558	272		326		1,894		1,894		931	
5-29016	Project Maintenance Fees						6,554		6,554		6,685	
5-29017	Contingency (1.5%)						78,523		68,523		80,559	

5-29018	Electricity Services	 	2,363	1,461 	 	1,753	3,002	5,002 	11 ,050	
	Total Administration Operating: 	237,640	230,466 
Capital Outlay Administration	 	244,952	399,074	426,131 	 	483,913	
5-29101	Equipment	153	67,750	67,750	65,000	67,750		
5-29102	Building	238	42,153	90,873	665,189	90,873	632,816	
5-29103	Other	 		 			
		Total Administration Capital Outlay: 	391	109,903 	 	158,623	730,189	15 8,623 	 	632,816	

     TOTAL WATER TREATMENT PLANT DIVISION	982,210	790,892 

     WASTEWATER TREATMENT PLANT DIVISION			 	949,070	 	1,045,295 	1,041,325 	 	1,069,446	
SLWSD Final Budget FY 2018 {9-19-2017)			Page 33	

 	TOTAL ADMINISTRATION	1,042,176 
    WATER TREATMENT PLANT DIVISION	
Personnel		 	1,118,586 		 	1,293,428 		 	2,085,936 		 	1,554,160 	 	2,155,790	
5-15001	Regular Salaries	265,792	210,145	252,174	275,784	275,784	283,679	
5-15002	Overtime	33,797	26,536	31,843	35,750	35,750	36,643	
5-15003	FICA	22,667	18,499	22,199	23,832	24,332	25,022	
5-15004	Retirement Contributions	26,358	20,429	24,514	28,038	28,038	28,829	
5-15008	Uniforms	1,166	1,021	1,225	1,837	1,837	1,878	
5-15010	Training & Education Costs	2,346	1,396	1,676	3,730	3,730	3,730	
5-15011	Annual PTO		536	643		5,211	5,441	
5-15012	Cell Stipend	 		 	200 	 	240	1,320 	1,320		
		Total WTP Personnel: 	352,127 	 	278,761 	 	334,513	368,971	376 ,002 	 	386,542		
	WTP Operating														
5-30001	Other Contractual Services	71,525		60,625		72,750		72,829		77,829	79,386	
5-30002	Operations & Maintenance Services	21		136		163		4,267		2,767	2,822	
5-30003	Laboratory Services	21,347		20,027		24,032		24,187		24,187	24,670	
5-30004	Operating Supplies	8,730		6,667		8,000		12,304		10,804	11,020	
5-30005	Electricity Services	185,120		144,677		173,612		219,438		194,438	198 ,054	
5-30007	Plant Maintenance	62,710		56,643		67,971		75,527		75,527	82,264	
5-30009	Chemicals	254,568		200,708		240,849		235,772		245,772	250,687	
5-30010	Water Conservation Grant Program	7,061		7,845		9,414		7,000		9,000	9,000	
5-30011	Backflow Prevention Program		14,805		17,766		25,000		25,000	25,000	
	Total WTP Operating: 	611,083 		 	512,131 		 	614,557 		 	676,323 		 	665,323 	 	682,904	
	Capital Outlay WTP										
5-30101	Equipment	19,000										
5-30102	Building										
5-30103	Other	 		 				
		Total WTP Capital Outlay: 	19,000		 		 			

Budget
FY2018

ActualYTD
FY2017

Estimate EOY
FY 2017

Budget FY 2017

Orig. Budget FY 2017

8

	Personnel		
5-16001	Regular Salaries	262,371	200,463	240 ,556	273,780	273,78 0	276,625	
5-16002	Overtime	38,527	27,209	32,651	43,087	43,087	44,164	
5-16003	FICA	23,016	17,606	21,128	24,240	24,713	25,030	
5-16004	Retirement Contributions	25,282	20,833	24,999	28,518	28,518	28,871	
5-16008	Uniforms	1,926	1,740	2,089	2,186	2,186	2,234	
5-16010	Training & Education Costs	1,988	1,010	1 ,212	5,107	4,107	4,107	
5-16011	Annual PTO		356	427		4,8 61	5,083	
5-16012	Cell Stipend	 	150 	 	180	1,3 20 	1,320		
		Total WWTP Personnel: 	353,110	269,368 	 	323,241	376,918	382,572 	 	387,433		
	WWTP Operating								
5-31001	Other Contractual Serv ices	34,54 4	17,605		21,126		54,312		34,312	54,998	
5-31002	Operations & Maintenance Services	6,942	5,643		6,772		13,820		11,820	12,057	
5-31003	Laboratory Services	29,850	18,442		22,1 3 0		39,982		29,982	30,582	
5-31004	Operating Supplies	15,703	9,554		11,465		22,772		22,772	18,228	
5-31005	Sludge Disposal	93,963	64,590		77,508		112,200		105 ,200	107,830	
5-31006	Electricity Services	146,701	106,914		128,297		183,795		161,795	164,804	
5-31008	Plant Maintenance	54,828	30,868		37,042		61,334		56,334	47,630	
5-31010	Chemicals	99,721	73,649		88,379		110,738		105,738	111,025	
	Total WWTP Operating: 	482,252	327,266 		 	392,719 		 	598,954 		 	527,954 	 	547,154	
	Capital Outlay WWTP								
5-31101	Equipment	23,601								
5-31102	Building				41,000	
5-31103	Other		 		 			
		Total WWTP Capital Outlay:	23,601		41,000	
     TOTAL WASTEWATER TREATMENT PLANT DIVISION	858,963	596,633 		 	715,960 	 	975,872 	 	910,526 		 	975,587		
     UNDERGROUND UTILITIES DIVISION	
Personnel
5-17001	Regular Salaries	414,506	339,753	407,704	431,006	433,006	455,831	
5-17002	Overtime	70,319	46,561	55 ,873	66,765	66,765	68,434	
5-17003	FICA	36,731	29,755	35,705	38,079	39,005	40,901	
5-17004	Retirement Contributions	30,994	32,192	38,631	44 ,799	44,979	47,184	
5-17008	Uniforms	4,7 90	3,477	4,172	7,581	6,581	6,726	
5-17010	Training & Education Costs	1,950	1,829	2,1 95	4,013	3,013	3,013	
5-17011	Annual PTO		372	446		6,990	7,265	
5-17012	Cell Stipend	 	750 	 	900	3,120 	3,120		
		Total UGU Personnel: 	559,291	454,689 	 	545,627	592,243	603,459 	 	632,473		
	UGU Operating								
5-32001	Other Contractual Services	220,871	102 ,466	122,960	204,447	194,447	198,336	
5-32002	Operations & Maintenance Services	65,657	79,530	95,436	78,191	96,1 91	98,115	
5-32003	Operating Supplies	101,720	50,922	61,1 07	103,108	101,108	103,130	
5-32004	Electricity Services	33,904	29,232	35,078	39,895	37,895	38,600	
5-32005	Vehicle Maintenance	12,916	16,069	19,282	14,419	19,919	20,317	
5-32006	Lift Station Maintenance	24,490	7,136	8,564	27,255	24,255	24,812	
5-32007	Miscellaneous Expenses/Move to Op. Sup	 	307 	 	369 	 		 				
	Total UGU	Operating: 	459,558	285,663 	 	342,795 	 	467,314 	 	473,814 	 	483,310		

	Capital Outlay UGU		
5-32101	Equipment	82,946	47,425	282,770	104,150	282,770	84,150	
5-32102	Building				15,000		70,000	
5-32104	New Meters			1,050	1,050	1,050	1,050	
5-32103	Other							

ActualYTD FY2017

Budget FY 2017

Estimate EOY FY2017

l ug ,-t
ffY2018

Orig. Budget FY 2017

Total UGU Capital Outlay: 	82 ,946	47,425	 	283,820	120,200	283,820	 	155,200 
    TOTAL UNDERGROUND UTILITIES DIVISION	1,101,795	787,777	 	1,172,242	 	1,179,757 	1,361,093	 	1,270,983 

    IRRIGATION  DIVISION	

5-18001	Regular Salaries	38,375	30,165	36,197	40,654	40,654	41,670	
5-18002	Overtime	6,653	5,257	6,309	11,028	9,528	9,766	
5-18003	FICA	3,374	2,581	3,097	3,954	3,913	4,010	
5-18004	Retirement Contributions	3,982	3,215	3,858	4,651	4,516	4,629	
5-18008	Uniforms	392	300	360	717	717	733	
5-18009	Training & Education Costs	606	125	150	1,095	795	795	
5-18010	Annual PTO					727	745	
5-18011	Cell Stipend					240	240	

Personnel

Total IRR Personnel: 	53,382 		 	41,642 		 	49,971	62,098	61,089 	 	62,588 	
	IRR Operating										
5-33001	Other Contractual Services	30,785	24,700	29,640	35,135	34,135	34,818	
5-33002	Operations & Maintenance Services	28,805	27,780	33,335	36,618	35,618	36,330	
5-33003	Laboratory Services	85	101	666	666	679	
5-33004	Operating Supplies	6,632	2,227	2,672	7,966	6,966	7,106	
5-33005	Electricity Services	132,499	98,519	118,222	163,957	143 ,957	146,635	
5-33008	Maintenance - Irrigation	8,502	14,688	17,626	27,474	23,474	24,014	
5-33010	Chemicals	 	19,796 	 	12,679 	 	15,214 	 	21,425 	 	21,425 	22,496	
	Total IRR Operating: 	227,018 	 	180,677 	 	216,812 	 	293,242 	 	266,242 	 	272,079 	
	Ca12ital Outlai'. IRR						
5-33101	Equipment	27,762						
5-33102
5-33103	Building
Other	 			

		Total IRR Capital Outlay: 	27,762		 		 		
     TOTAL IRRIGATION DIVISION	308,162	222,319	 	266,783	 	355,341 	327,332	 	334,667 
Total Operating Expenses	 	4,684,984 	3,699,498	 	4,779,076	6,163,790 	5,708,625	 	6,280,159 NON-OPERATING INCOME AND EXPENSES
Other Income
Transfer from Water Connection Fees to Pa;t Debt
 5-34001	TOTAL NON-OPERATING INCOME	   		 	

     DEBT SERVICE EXPENSES
5-27011	Cost of Issuance		I
5-27013	Principal 2014 Bond Issue Refi of 2004	155,000	160,000	160,000	160,000	170,000
5-27012	Interest 2014 Bond Issue Refi of 2004	419,843	207,124	414,248	414,248	414,248	408,472

ActualYTD
FY2017

Estimate EOY FY2017

Orig. Budget FY 2017

Final Amended Budget
FY 2017

B '1a•t
FY 2018	
	
1,070,000
516,848
250,000
107,771	

[;]6

5-27008	Principal 2011 Bond Issue	1,015,000	1,045,000	1,045,000	1,045,000
5-27007	Interest 2011 Bond issue	575,558	273,315	546,630	546,630	546,630
5-27010	Principal 2013 Bond Issue	235,000	245,000	245,000	245,000
5-27009	Interest 2013 Bond issue	119,435	56,862	113,724	113,724	113,724
 	 	 
TOTAL DEBT SERVICE:	2,519,835	537,301	2,524,602	2,524,602	2,524,602

2,523,091

 	 	  	
RATE STABILIZATION
Transfer Out to Rate Stabilization Fund	50,000
 	 	  	
TOTAL RATE STABILIZATION SERVICE: 	50,000		 	      	     		 	

     CAPITAL IMPROVEMENT  & TRANSFERS	
	Capital Improvement Program - WWTP Expansion		
5-28127	Required R&R Transfer to Capital (5%)	460,141	314,427	454,000	457,281	454,000	478,786	
	Additional R&R Transfer for CIP's	475,000	800,000	450,000	800,000	650,000	
	Cash Carry Forward for R&R GIP	 		 		 			
	TOTAL Cl & TRANSFERS  EXPENSES: 	935,141	314,427	1,254,000 	907,281	 		1,254,000	 	  1,128,786	
Total Expenses	    $	8,189,960	$   4,551,226	$	8,557,678	$ 9,595,673		    $	9,487,227	$	9,932,035	
Total Revenues	 	
    $	9,115,849	$   6,889,214	 $	9,081,418	$ 8,976,681 		
    $	9,162,535 	I $	9,036,847	

Surplus/(Deficit) Before Transfer from								
(to) Operating Reserve	925,889	2,337,989	523,740	(618,992)	(324,692)		 	895188 	
Available Operating Cash Balance (Ending)	 $	6,494,475	$   8,832,464	$	7,018,215	$  5,875,483	$	6,169,784	 $ 5,274,596 	

*Coverage Provided (Required> 1.10)	
1.76	
1.87	
1.45	
1.54	
1.42	
**Coverage w/R&R deducted (Required> 1.00)	1.52	1.59	1.23	1.31	1.19	

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%	

 	Forecast		•
1'¥2018	FY 2019	FY 2020	I	FY 2021	FY 2022
Water &  Sewer Fund Balance (Beginning)	6,169,784	5,274,596	4,807,015	4,773,636	4,800,378
Rate Stablllzatlon Fund Balance (Beginning)	580,519	580,519	580,519	580,519	580,519

3,062,953	
3,066,269	3,069,584	
	3,529 ,874	3,538,974	3,544,670	
	1,801,615	1,801,615	1,801,615	
	38,000	38,000	38,000	
	5,000	5,000	5,000	
	265,777	265,844	265,912	
	3,550	3,550	3,550	
	292,406	292,484	292,563	
	5,388	5,571	5,571	
	25,000	25,000	25,000	
	4,800	4,800	4,800	
	1,359	1,359	1,359	
Wastewater Impact (AFPI)	1,125	1,125	1,125	
Total Revenues	$ 9,036,84 7	s	9,049,591	s	9,058,749	

OPERATING REVENUE
Grants

5-04006
5-04106
5-04007
5-04107
5-04009
5-04109
5-04010
5-04012
5-04014
5-04018
5-04021
5-04022

5-04046
5-04033
5-04035

Billed Water Revenue Consumption Billed Water Revenue Base
Billed Wastewater Revenue Consumption Billed Wastewater Revenue Base
Billed Irrigation Revenue Consumption Billed Irrigation Revenue Base
Late Fees Miscellaneous Fees
Wholesale Water Revenue Meter Set Fees
Wholesale Wastewater Revenue
Interest (Operating) Rate Stabilization Fund
Backflow Prevention Program Tanker Truck Water Service Water Impact (AFPI)

3,129,241	3,195,271

3,615,457	3,693,684

1,834,645	1,871,338

38,000	38,000
5,000	5,000
270,787	276,273
4,040	4,040
297,926	303,967
5,571	5,571

25,000	25,000
4,800	4,800
1,359	1,359
 	1,125		1,125
$        9,232,951	s    9,425,428

OPERATING EXPENSES
Board of Sueervlsors

5-05001	Executive Salaries	12,000	12,000	12,000	12,000	12,000
5-05002	FICA	918	918	918	918	918
5-05004	Board Meetin   Ex enses	2,628	2,686	2,745	2,805	2,867
TOTAL BOARD OF SUPERVISORS	15,546	15,604	15,663	15,723	15,785

District Manager
 	
5-06002	Management Contract	15,584	39,000	39,858	40,735	41,631
5-06003        Travel & Per Diem	1,865	1,906	1,948	 	1,991		2,035
 	TOTAL DISTRICT MANAGER	17,449	40,906	41,806	 	42,726		43,666

5-07001
5-07002
5-07003
5-07004
5-07006
5-07007
5-07009

Dissemination Agent	2,191	2,239	2,288	
Arbitrage	2,400	2,400	2,400	
Accounting Services	50,758	51,875	53,016	
Auditing	18,613	19,022	19,441	
Banking Services	25,912	26,482	27,064	
Property & Casualty Insurance	155,000	162,750	204,887	
Bad Debt	42,000	42,000	42,100	
TOTAL FINANCE	296,873	306,767	351,197	

Finance

2,339	2,390
2,400	2,400
54,183	55,375
19,868	20,305
27,660	28,268
181,131	190,188
 	42,900		43,800
 	330,481		342,726

5-09001
5-09002
5-09003
5-09004

Building & Land Rental Vehicle Leasing
Computer Software/licensing Com uter Hardware/Su lies TOTAL PROPERTY CONTROL

1,847

1,887

1,929

1,971

3,350
3,056
8,253

3,424
3,123
8,435

3,500
3,192
8,620

3,577
3,262
8,810

Proee Control

2,015

3,655
3,334
9,004

Utility Rate Consultant

I

SUdglllt
Ff2018

 			Forecast			 FY 2019	FY 2020		I	FY 2021	FY 2022

5-11001	Other Contractual Services	15,172	15,505	15,846	16,195	16,551	
	TOTAL RATE CONSULTANT	15,172	15,505	15,846	16,195	16,551	
	
Clerk to the Board						
5-13002	Other Contractual Services	10,402	10,631	10,865	11,104	11,348	
5-13004	Postage & Freight	1,484	1,517	1,550	1,584	1,619	
5-13005	Printing & Binding	3,266	3,338	3,412	3,487	3,563	
5-13006	Leqal Ads	2,731	2,791	2,852	 	2,915		2,979	
	TOTAL CLERK TO THE BOARD	17 ,883	18,277	18,679	 	19,090		19,509	
	
Legal Services						
5-19001	General Counsel	42,969	43,914	44,881	45,868	46,877	
5-23001	       S ecial Counsel	8 767	8,767	8,767	 	8,767		8,767	
	 	TOTAL LEGAL COUNSEL	51,736	52,681	53,648	 	54,635		55,644	

Engineering Services

5-26002	En9ineerin9 Services	50,773  j	51,788	52,824	53,881	54,958
 	
 	TOTAL ENGINEERING	50,773	51,788	52,824	 	53,881		54,958

	ADMINISTRATION DIVISION		
	Personnel		
5-14001	Regular Salaries	451,410	460,000	471,500	483,288	495,370	
5-14003	Overtime	8,808	9,028	9,254	9,485	9,722	
5-14004	FICA	37,786	40,270	41,251	42,257	43,288	
5-14005	Retirement Contributions	42,822	45,723	46,855	48,016	49,205	
5-14006	Health/Life/Dental Insurance	431,070	493,577	528,127	565,096	604,653	
5-14007	Workers Comp	34,272	37,699	40,338	43,161	46,183	
5-14008	Unemployment Compensation	5,083	5,210	5,341	5.474	5,611	
5-14010	Uniforms	3,480	3,557	3,635	3,715	3,796	
5-14012	Training & Education Costs	6,196	6,196	6,196	6,196	6,196	
5-14014	Annual PTO	8,720	8,912	9,108	9,308	9,513	
5-14015	Cell Stipend	2,214	2,263	2,312	2,363	2,415	
	Total Administration Personnel:	1,039,061	1,119,634	1,171,117	1,225,560	1,283,153	
	ADMIN Operating						
5-29001	Other Contractual Services	169,796	158,642	161,814	165,051	168,352	
5-29002	Website Maintenance	3,471	3,540	3,611	3,683	3,757	
5-29003	Operating Supplies	9,868	10,066	10,267	10,472	10,682	
5-29004	Storm Water Fees	65,636	65,636	65,636	65,636	65,636	
5-29005	Telephone & Cell Service	17,760	18,116	18,478	18,847	19,224	
5-29006	Postage & Freight	40,886	41,703	42,537	43,388	44,256	
5-29007	Equipment Leasing	3,176	3,239	3,304	3,370	3,438	
5-29008	Administrative Maintenance	2,997	3,057	3,118	3,180	3,244	
5-29011	Contingencies - Hurricane						
5-29012	Office Supplies	4,321	4,364	4,408	4,452	4,497	
5-29013	Fuel & Lubricants - Vehicle	54,735	60,209	66,230	72,852	80,138	
5-29014	Fuel & Lubricants - Equipment	12,042	13,246	14,571	16,028	17,631	
5-29015	Minor Construction Expenses	931	950	969	988	1,008	
5-29016	Project Maintenance Fees	6,685	6,819	6,955	7,094	7,236	
5-29017	Contingency (1.5%)	80,559	83,435	86,272	88,726	91,806	
5-29018	Electricity Services	11,050	11,221	11,347	12,141	12,991	
	Total Administration Operating:	483,913	484,243	499,518	515,911	533,895	

5-29101	Capital Outlay Administration
Equipment	 	
 		
22,000	
30,000	
15,000		

5-29102	Building
5-29103	Other

FY 2019

FY 2020

Forecast
I

FY 2021

Total Admin istration Capital Outlay: 	632,816	22,000	30,000	15,000	

FY 2022

.;,

 	

	Personnel		
5-15001	Regular Salaries	283,679	290,771	298,040	305,491	313,129	
5-15002	Overtime	36,643	37,559	38,498	39,461	40,447	
5-15003	FICA	25,022	25,646	26,285	26,941	27,613	
5-15004	Retirement Contributions	28,829	29,550	30,288	31,046	31,822	
5-15008	Uniforms	1,878	1,919	1,961	2,004	2,048	
5-15011	Annual PTO	5,441	5,561	5,683	5,808	5,936	
5-15012	Cell Stipend	1,320	1,349	1,379	1,409	1,440	

 		TOTAL ADMINISTRATION	2,155,790	1,625,877	1,700,635	 	1,756,470		1,817,047 WATER TREATMENT PLANT DIVISION

WTP Operating
5-30001	Other Contractual Services

Total WTP Personnel: 	386,542	396,085	405,866	415,890		426,165

80,974
2,879
25,164
11,240
201,124
84,156
255,701
9,000
25,000

82,593
2,936
25,667
11,465
203,375
86,092
260,815
9,000
25,000

79,386
2,822
24,670
11,020
198,054
82,264
250,687
9,000
25,000

84,245	85,930

5-30002	Operations & Maintenance Services 5-30003	Laboratory Services
5-30004	Operating Supplies
5-30005	Electricity Services
5-30007	Plant Maintenance
5-30009	Chemicals
5-30010		Water Conservation Grant Program 5-30011	Backftow Prevention Program

2,995	3,055
26,181	26,704
11,694	11,928
217,611	232,844
88,072	90,098
266,031	271,352
9,000	9,000
25,000	25,000

Total WTP Operating: 	682,904	695,238	706,943	 	730,829		755,910
Capital Outlay WTP

5-30101	Equipment	28,000
5-30102	Building
5-30103	Other	 	
Total WTP Capital Outlay: 	28,000	

TOTAL WATER TREATMENT PLANT DIVISION	1,069,446	1,091,323	1,140,809	1,146 ,720	1,182,076

WASTEWATER TREATMENT PLANT DIVISION
Personnel
5-16001	Regular Salaries	276,625	283,540	290,629	297,894	305,342	
5-16002	Overtime	44,164	45,268	46,400	47,560	48,749	
5-16003	FICA	25,030	25,654	26,294	26,950	27,622	
5-16004	Retirement Contributions	28,871	29,593	30,333	31,091	31,868	
5-16008	Uniforms	2,234	2,283	2,333	2,385	2,437	
5-16011	Annual PTO	5,083	5,194	5,309	5,425	5,545	
5-16012	Cell Stipend	1,320	1,349	1,379	1,409	1,440	
Total WWTP Personnel: 	387,433	396,989	406,783	416,821	427,110	
WWTP Operating	
5-31001	Other Contractual Services	54,998	56,098	57,220	58,364	59,532	
5-31002	Operations & Maintenance Services	12,057	12,298	12,544	12,795	13,051	
5-31003	Laboratory Services	30,582	31,193	31,817	32,454	33,103	
5-31004	Operating Supplies	18,228	18,592	18,964	19,343	19,730	
5-31005	Sludge Disposal	107,830	109,987	112,186	114,430	116,719	
5-31006	Electricity Services	164,804	167,358	169,231	181,077	193,753	
5-31008	Plant Maintenance	47,630	48,725	49,846	50,992	52,165	

5-31010	

Chemicals	For
P.'f.2011	FY 2019	FY 2020
111,025	116,577	122,406	ecast
I	
F Y 2021
128,526	
FY 2022
134,952	
		Total WWTP Operating: 	547,154	560,829	574,214		 	597,982		623,004	
	Capital Outlay WWTP			
5-31101	Equipment		30,000	
5-31102	Building	41,000		
5-31103	Other	 			
		Total WWTP Capital Outlay: 	41,000		30,000	
	TOTAL WASTEWATER TREATMENT PLANT DMSION	975,587	957,818	980,998	1,014,803	1,080,114	
	
UNDERGROUND UTILITIES DIVISION						
	Personnel						
5-17001	Regular Salaries	455 ,831	467,227	478,908	490,880	503,152	
5-17002	Overtime	68,434	70,144	71,898	73,696	75,538	
5-17003	FICA	40 ,901	41,921	42,966	44,038	45,136	
5-17004	Retirement Contributions	47 ,184	48,363	49,573	50,812	52,082	
5-17008	Uniforms	6,726	6,874	7,025	7,180	7,337	
5-17011	Annual PTO	7,265	7,425	7,588	7,755	7,925	
5-17012	Cell Stipend	3,120	3,189	3,259	3,330	3,404	

Total UGU Personnel: 	632,473	648,156	664,229	680,704		697,589	
	UGU Operating						
5-32001	Other Contractual Services	198,336	202,302	206,348	210,475	214,685	
5-32002	Operations & Maintenance Services	98,115	100,078	102,079	104,121	106,203	
5-32003	Operating Supplies	103,130	105,193	107,296	109,442	111,631	
5-32004	Electricity Services	38,600	39,198	39,637	42,411	45,380	
5-32005	Vehicle Maintenance	20,317	20,723	21,138	21,560	21,992	
5-32006	Lift Station Maintenance	24,812	25,383	25,967	 	26,564		27,175	
Total UGU Operating: 	483,310	492,877	502,465	 	514,574		527,066	
	Capital Outlay UGU						
5-32101	Equipment	84,150	87,000	46,000	35,000	60,000	
5-32102	Building	70,000					
5-32104	New Meters	1,050	1,050	1,050	1,050	1,050	
5-32103	Other						
Total UGU Capital Outlay: 	155,200	88,050	47,050	36,050		61,050	
TOTAL UNDERGROUND UTILITIES DIVISION	1,270,983	1,229,082	1,213,744	1,231,328	1,285,704	
	
     IRRIGATION DIVISION 						
	Personnel						
5-18001	Regular Salaries	41 ,670	42,712	43,779	44,874	45,996	
5-18002	Overtime	9,766	10,010	10,261	10,517	10,780	
5-18003	FICA	4,010	4,110	4,213	4,318	4,426	
5-18004	Retirement Contributions	4,629	4,745	4,864	4,985	5,110	
5-18008	Uniforms	733	749	765	782	799	
5-18010	Annual PTO	745	762	778	795	813	
5-18011	Cell Stipend	240	245	251	256	262	
Total IRR Personnel: 	62,588	64,128	65,705	67,323		68,980	
	IRR Operating						
5-33001	Other Contractual Services	34,818	35,514	36,225	36,949	37,688	
5-33002	Operations & Maintenance Services	36,330	37,057	37,798	38,554	39,325	
5-33003	Laboratory Services	679	693	706	721	735	
5-33004	Operating Supplies	7,106	7,248	7,393	7,541	7,691	
5-33005	Electricity Services	146 ,635	148,908	150,574	161,114	172,392	
5-33008	Maintenance - Irrigation	24 ,014	24,567	25,132	25,710	26,301	

,.

 	Forecast	
fw. 2018	FY 2019	FY 2020	I	FY 2021	FY 2022
5-33010	Chemicals	22 ,496	23,621	24,802	26,042	27,344
  	
Total IRR Operating: 	272,079 	277,607	282,630	 	296,631	311,478 
Caeltal Outlal,! IRR
 	
5-33101	Equipment	30,000
5-33102	Building		
5-33103	Other	 	
Total IRR Capital Outlay:  		 	
 	30,000 	

    TOTAL IRRIGATION DIVISION	334,667 	341,735	348,336	363,953	410,458 
Total Operating Expenses	 	6,280,159 	5,755,799	5,942,804	 	6,054,814	6,333,243 NON-OPERATING INCOME AND EXPENSES
Other Income
Transfer from Water Connection Fees to Pal Debt	-1		 	
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	170,000	180,000	190,000	190,000	
5-27012	Interest 2014 Bond Issue Refi of 2004	408,472	402,335	396,198	389,700	382,841	
5-27008	Principal 2011 Bond Issue	1,070,000	1,105,000	1,135,000	1,165,000	1,200,000	
5-27007	Interest 2011 Bond issue	516,848	486,353	454,860	422,513	389,310	
5-27010	Principal 2013 Bond Issue	250,000	255,000	260,000	265,000	275,000	
5-27009	Interest 2013 Bond issue	107,771	 	101,696	95,499 	 	89,181	82,742 	
		TOTAL DEBT SERVICE: 	2,523,091 	 	2,520,384	2,521,557 	 	2,521,394	2,519,893 	

     RATE STABILIZATION	
Transfer Out to Rate Stabilization Fund	

 		

Capital Improvement Program - WWTP Expansion		
Required R&R Transfer to Capital (5%)	478,786	
Additional R&R Transfer for ClP's	650,000	
Cash Carry Forward for R&R CIP		

TOTAL  RATE STABILIZATION SERVICE:  	     		 	                                                                                                                                                                   CAPITAL IMPROVEMENT & TRANSFERS

5-28127

465,989	477,768	480,000	480,000
775,000	150,000	150,000	150,000

TOTAL Cl & TRANSFERS  EXPENSES:  	1,128,786        	1,240,989	627,768  	 	630,000	630,000 

Total Expenses	
   $    9,932,035	$	9,517,171	$	9,092,129 		$	9,206,208	$	9,483,136 	
Total Revenues

Surplus/(Deflclt) Before Transfer from	   $     9,036,847	$	9,049,591	s	9,058,749
 			$	9,232,951	$	9,425,428 	
(to) Operating Reserve	 895,188	(467,580)	(33,380)	26,743	(57,708)

Available Operating Cash Balance (Ending)	 $   5,274,596	$       4,807,015	$	4,773,636	$	4,800,378	$	4,742,670 

' CoverageProvided (Required> 1.10)	1.42	1.35	1.28		1.28	1.27	
"Coverage w/R&R deducted (Required> 1.00)	1.19	1.14	1.07		1.08	1.07	
Index Rate Increase (included in revenues)	0.00%	0.00%	0.00%		2.00%	2.00%	
Total Effective Rate Increase	0.00%	0.00%	0.00%		2.00%	2.00%	

WATER AND SEWER FUND BUDGET ACCOUNT DESCRIPTIONS AND ASSUMPTIONS

REVENUE SOURCES

St Lucie West Services District receives approximately 72.8% of their operating Revenues from the sale of water and wastewater service. Another 20.2% of the operating revenue is received from irrigation services. The FY 2□18 Budget assumes no rate increase to all utility rate s.

Billed Wastewater Revenues
$3,529,874 .00 39.06%

$1,801,615 .00 19.94%

..	

33. 89 %

-------

/.	',

Billed Irrigation Revenue A	--< 	.

-------$3,  062,   953	evenues

-------------	.,.,

.6 1 8 %

Billed Wale

\

Wholesale Water& Wastewater $558,183.00

Other Operating Revenue
$81,738.00 0.90%

AFPI Revenue $2,484.00 0 03%

Water S Sewer Revenue

BilledWater 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.

BilledWastewater 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 2□18 is based on
historical revenues, however using a conservative assumption for the budget year.

Niscellaneous Fees
Miscellaneous  revenues that  the Utility  receives. The  budget  for  FY  2□18 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.

C.	.(

WATER AND SEWER FUND BUDGET ACCOUNT DESCRIPTIONS AND ASSUMPTIONS

Meter Set Fees
Revenue received for the setting □f new meters.

Interest Revenue - Operating Revenues
This acc□unt reflects all interest earnings in all nan-restricted cash accounts that bel□ng t□ the Water 6 Sewer Fund .

Hate Stabilization Fund - Operating Revenues
This revenue is funded fr□m available unrestricted operating reserves fr□m previous FY's.

Backllow Prevention Program - Operating Revenues

This revenue is for water backflw□

prevention testing performed by c□ntract□rws

h□ have been preappr□ved for this pr□grma  .

Tanker Truck Water Service - Operating Revenues
This revenue is for water provided t□ water tanker trucks such-as pest c□nt r□I. fertilizer companies and c□ntract□rs.

Water GWastewater Connection Fees (AFPI Portion)
The Alwl□  anc  for Funds Prudently Invested (AFPI) charge is the unrestricted p□rti□n □f the Water 6 Wastewater C□nn ecti□n Fees that is used
t□ rec□ver the fixed operating, ma intenance , and replacement casts and associated financing charges for th□se customers requiring service subsequent t□ the c□nstr ucti□n □f the Water and Wastewater facilities by the District.

Ca.l!,ital Fund Revenues

Water GWastewater Connection Fees
Fees collected fr□m the district t□ acqu ire, construct, equip □r expand the capacity □f the Water 6 Wastewater facilities □f the Utility System for the purp□se □f paying □r reimbursing the equitable share □f the capital casts relating t□ such acquisition, c□nstructi□n, expansion, □r equipping □f unused capacity □f the Water and Wastewater facilities □f the utility system and new developments within the service area □f the utility system. Such fees may include interest carrying casts associated with the water and wastewater facilities □f the utility system.

□PERATING EXPENSE'S

WATER AND SEWER FUND BUDGET ACCOUNT DESCRIPTIONS AND ASSUMPTIONS

Operating expenses include the cost for personnel, materials, maintenance, service and equipment required for the Water fi 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 seal, 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 salar ies.

Board Meeting Expenses
This includes expenses directly relating to board meet i ngs.

District Manager

Management Contract
Charges directly relating to the District Manager's service contract. The charge for FY 2□18 is based on the salary difference of the Utility Director salary and the Contract for the District Manager which is projected to be $30,4□1 shared between the Water fi Sewer Fund 50% and
the General Fund 50%.

Travel G Per Diem
Charges billed directly from SOS, Inc. or the District Manager for travel expenses as allowed by the contract for District Bu siness. All charges are billed in accordance with Section 112.DSI, 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 SOS, Inc. The FY 2□18 budget assumes a 2.5% increase from the previous
year per the contract with SOS.

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 fi Sewer Fund and the General Fund, 5S% and 44% respectively.

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

t	)

WATER AND SEWER FUND BUDGET ACCOUNT DESCRIPTIONS AND ASSUMPTIONS

Property GCasualty 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 2018. Coverage is from October I through September 30 each year.

Bat/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 G Lant!Rental
Charges for the storage rental spa ce.

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

Computer Hart/ware/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 U pda te.

Clerk to the Board

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

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

LegalAtls
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 2□18 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 □r Wark Authorization preparation that directly relates ta the Utility. The engineer is paid far actual hours far services deliv ered.
WATER H SEWER FUND ADM INISTRATl□N DIVISl□N
Water H Sewer Administration Division - Personnel

Regular Salaries
Includes Administration Division me

ployee's basic salar ies. The total budget is estimated using a tabulation □f all approved position s, applying

the appropriate increases and allowing a factor far unfilled va cancies. We are proposing one new full time position and one part time CSR position as well as same reorganization far this FY. This year we are proposing t□ give a 2.5% increase ta all employees based an the Bureau
□f Labar Statics CPI. This also reflects far license □r certifications increases.

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

FICA
This description is the same far all Division in the Utilities Depa rtment: This line includes the Districts portion □f the social security and
Medicare expense far Salaries □f the Distr ict'sme   ploye es. The Federal rate far these combined expenses is 7.65% □f total salar ies.

Retirement Contributions
This description is the same far all Division in the Utilities Department: After one year □f employment the District provides a 8% contribution int□ a SEP IRA far all full time employees. This contribution is paid an a monthly ba sis.

Health/Life/DentalInsurance
This includes health, life and dental insurance benefits provided ta all employees □f the District. The final negot iated increase was 3.85% far FY 20!8.

Workers Compensation
The District  provides workers  compensation  ta any employee  who  is injured  while awt   ork. Under  the  provisions □f  the  Florida  Workers
Compensation wla  , a no-fault insurance plan which is supervised by the State □f Florid a, the District pays far ID□% □f these benefi ts.

Unemployment Compensation
The District is required ta reimburse the Unemployment Compensation Fund far any unemployment claims paid an behalf □f the District.

Uniforms
This description is the same far all Division in the Utilities Department: The District provides an allotted amount □f uniforms and/□r safety equipment far all District employees each year depending an their position.

Training G Education Expenses
This description is the same far all Division in the Utilities Department: The District pays far employees ta obtain and upgrade certifications and licenses. In same cases, the employee  may need ta travel ta attend these classes □r training courses. The district pays the employee travel and per diem according t□ Sect ion 112.061, Florida Statutes.

Vehicle Allowance
The District provides far a vehicle allowance far certain positions instead □f providing a vehicle and associated casts.

Annual PTO
The District pr□vides pers □nal leave and all□ws a maximum cash-□ut each year, this c□de cavers the maximum exposure for each FY.

Cell Pirone Stipend
The District pr□vides □pti□nal cell ph□ne stipend t□ all empl□yees, this c□de cavers the maximum exp□sure for each FY.
Water S Sewer Administration Division - □perating
OtherContractual Services
This descripti□n is the same for all Divi si□n in the Utilities Department: Includes charges ass□ciated with service c□ntracts related t□ the Administrati□n Divisi □n such as □ffice equipment repairs, c□mputer support, Air c□nditi□ning services, SBcurity alarm rBpairs, pBst c□ntr□I, Utility Billing Pr □gram, Credit Card Pr □gram for billing, Bill mail-□ut smicBs, VBhicle GPS m□nit□ri ng, Trash c□ntract, and janit□rial c□ntrac ts.

Website Maintenance
The District will be l□□king int□ up-grading the current website for increased functi□n for the budgBt yBar 2□18.
Operating Supplies
This dBscrip ti□n is the same for all Divisi □n in the Utilities DBpartmBnt: Includes general suppliBs for thB usB and □pBrati□n □f the Administrati□n Divi si□n.

Storm,Water fees
St□r m watBr feBs thB District pays t□ the City □f Part St LuciB and SLWSD General Fund for thBir share □f St□r m WatBr MaintBnance FeBs for the land awned and □pBrated by the utility.

Telephone GCell Services
ThBsB chargBs include thB landlinB telBph□nB sBrvicB that is usBd in thB District □fficB as wBII as cBllular ph□ne services far all Utility Divi si□ns.

Postage G Freight
This line item includes p□stage charges that are usBd primarily for the utility billing cycle as well as n□tices sent t□ residents regarding utility matters.

Equipment Leasing
Charges for leasing equipment which is used for Utility activities. Currently the District has □ne leased c□pier.

Administrative Maintenance
This descrip ti□n is the same for all Divi si□n in the Utilities Department: This line includes charges far n□r mal maintenance □f the District's vehicles used by the Utility. Maintenance is d□ne □n a regular basis t□ pr□vide the l□ngest life possible t□ the vehicles awned and □pera ted by the district. This pr□vides for decreased t□tal life cycle casts.

Contingency - Hurricane
This acc □unt is all□cated t□ fund any extra□r dinary expenses the District incurs relating t□ hurricane prepara ti□n and/ □r damages t□ thB Utility pr□perty.

Office Supplies
Includes general supply charges for the □pera ti□ns □f the Districts □ffices and billing functi□ns.

fuelG Lubricants-Vehicles
Fuel purchased for all vehicles used in the Utility Divi si□n.

Fuel8 lubricants-Equipment
Fuel purchased far 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 far the Utilities Division paid to the General Fund.

Contingency
This code was recommended by the Rate Consultant far unexpected expenses. This is 1.5% of the operating expenses minus the Capital Ou tlay.

Electricity Services
This description is the same far all Division in the Utilities Department: Includes electricity charges far the administration building which is split with the General Fund .
Water S Sewer Administration Division -  Capital □utlay
Equipment
This description is the same far 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 far buildings or land purchases over $1,000 Plan to start construction on the new administration building in this FY which will be split with the GF.

Other
This description is the same far 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 DIVISl□N
Water Treatment Plant Division - Personnel

Regular Salaries; Overtime; FICA: Retirement Contributions;Uniforms: Training 8 Education Expenses; Annual PTOandCell Stipend
The above categories are the same as described in the Administration Budget

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 8 Maintenance Services
Charges for repairs on watEw treatment plant pipes and pump maintenance.

laboratory Services
Includes charges far the water treatment plant laboratory testin g, injection well testing, lead 6 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 □f rebate credits □n utility bills □n items such as law flaw toilets rain gauges for irrigation and law flaw shower heads. This program is designed t□ encourage water c□nserva ti□n.

Bacl<Oow Prevention Program

This line is for water ba ckflw□ ID□% compliance t□ the rule.

prevention testing performed  by c□ntract □rsw h□ have been preapp r□ved for this program and will assist in

Water Treatment Plant Division - Capital Outlay

Equipment· Building; Other
The above categories are the same as described in the Administration Budget. Na expenditures planned for this fiscal year.

WASTEWATER TREATMENT PLANT DIVISION
Wastewater Treatment Plant Division - Personnel

Regular Salaries; Overtime: FICA: Retirement Contributions;Uniforms; Training G Education Expenses; Annual PTO andCell 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 G Maintenance Services; Laboratory Services; Plant Maintenance; Chemicals
The above categories are the same as described in the Administration Budget and Water Treatment Plant Divi sion.

Sludge Disposal
Charges for the dwe

ater ing, hauling and disposal □f the sludge fr□m the wastewater plant.

Wastewater Treatment Plant Division - Capital Outlay

Equipment· Building; Other
The above categories are the same as described in the Administration Budget. The $41,DDD expenditure in the Building CD Cade is for a new storage building .

UNDERGROUND UTILITIES DIVISION
Underground Utilities Division - Personnel

Regular Salaries; Overtime; FICA: Retirement Contributions;Uniforms; Training G 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 G Maintenance Services,·
The above categories are the same as described in the Administration Budget and Water Treatment Plant Divi sion.

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

Water S Sewer Underground Utilities Division - Capital Outlay

Equipment- Building: Other
The above categories are the same as described in the Administration Budget. Proposed Vac-con Truck replacement which will be split with the GF was moved to 2Dl7FY proposed a Truck, equipment replacement. and minor Capital Outlay equipment planned far this fiscal year. The
$70,000 expenditure in the Building CO Code is far conversion of the garage area and expansion of the UGU storage building .

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

IRRIGATION DIVISION
Irrigation Division - Personnel

Regular Salaries: Overtime: FICA: Retirement Contributions,· Uniforms,· Training G Education Expenses,· Annual PTO andCell 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 G Maintenance Services,· Laboratory Services,· Plant Maintenance; Chemicals
The above categories are the same as described in the Administration Budget and Water Treatment Plant Divi sion.

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

Water S Sewer Irrigation Division - Capital Outlay

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

The Total Operating Expenses are projected to be $6,288.630 for FY 2D18.

.-

WATER AND SEWER FUND BUDGET ACCOUNT DESCRIPTIONS AND ASSUMPTIONS

Non-Operating Expenses

Principal 20/3Bond Issue
According to the Bond Documents the district is required to ma ke an annual Principal payment on the 2□13 bonds outstanding .
Interest 20/3Bondissue
This line includes the semiannual interest fees the district is required to pay on the 2□13 utility bonds outstanding .
Principal 2011Bond Issue
According to the Bond Documents the district is required to ma ke an annual Principal payment on the 2□11 bonds outstandin g.
Interest 2011Bondissue
This line includes the semiannual interest fees the district is required to pay on the 2011 utility bonds outstanding.

Principal 2004 Bond Issue l?efunded for the 20/4 Bond
According to the Bond Documents the district is required to make an annual Principal payment on the 20□4 bonds outstanding. The 2□□4 Series Bond was refunded at a lower rate and changed by decreasing the payoff by 4 years and saved over $5,□□□.□□□.
Interest 2004 Bondissue l?efunded for the 2014 Bond
This line include s the semiannual interest fees the district is required to pay on the 2□□4 utility bonds outstanding .
Hate Stabilization
This expense code transfers funds from available unrestricted operating reserves to the Rate Stabilization Fund and the balance is up to
$580,381. There is no transfer scheduled f□r 2□18 FY.
l?enewalGl?eplacement Transfer toCapital
This allocation captures the 5% minimum funding requirement to the Renewal 8 Replacement fund which is $478.786 f□r 2□18FY and an additional $65□,□□□ to fund the proposed capital expenditure items for future projects.

ST LUCIE WEST SERVICES DISTRICT CAPITAL FUNDING REVENUE AND EXPENDITURES

	FY 2018 BUDGET		
	R&R		WCF		WWCF	

Estimated Beginning Fund Balance	

1,335,711		

1,172,402		

234,771	

ADD REVENUES:						
Interest Revenues	-	176	235	
Impact Fee Revenues	-	3,832	2,876	
5% Required Transfer per Bond	478,786			
Additional Funding	650,000			
Cash Carry Forward for R&R CIP				
 	-		-	- 	

TOTAL REVENUES AVAILABLE	
2,464,497	
1,176,410	
237,882	
DEDUCT EXPENDITURES:				
Capital Improvement Projects	2,111,177	1,036,406		
Transfer Out to WW Connection Fee Funds				
Transfers Out to Pay Debt Service				
TOTAL EXPENDITURES	2,111,177	1,036,406		

FUND BALANCE, SEPTEMBER 30	 	$	353,320	$	140,004	$	237,881_

RENEWAL REPLACEMENT FUND

RENEWAL & REPLACEMENT FUND

Actual FY
2016	FY 2017	FY 2018	FY 2019	FY 2020	FY 2021	FY 2022

Estimated Beginning Fund Balance	986,640	1,315,146	1,335,711	353,320	222,814	381,468	526,450	

ADD REVENUES:	
5-36001	Interest Revenues		
5-36007	5% Required Transfer per Bond	460,141	471,641	478,786	465,989	477,768	480,000	480,000	
Additional Funding
Cash Carry Forward for R&R CIP	475,000	800,000	650,000	775,000	150,000	150,000	150,000	
TOTAL REVENUES AND FUNDS AVAILABLE	1,921,781	2,586,787	2,464,497	1,594,309	850,582	1,011,468	1,156,450	

DEDUCT EXPENDITURES:
SW049	5-37004	Protective Coating Manholes	1,563	15,856	26,373	26,900	27,438	27,987	28,547	
SW064	5-37006	Replacement Meters	125,159	459,113	418,379	396,653				
SW001	5-37007	Lift Station Renewal & Replacement	53,777	137,624	139,000	140,390	141,794	143,212	144,644	
SW037	5-37009	Emergency Renewal & Replacement Projects	217,383	186,300	190,026	191,926	193,846	203,538	213,715	
SW047	5-37013	Structural Repairs Sewer Manholes	3,670	29,303	29,889	30,487	31,097	31,719	32,353	
SW050	5-37014	WTP Grounding System Improvements			50,000					
SW061	5-37017	Membrane Filter Replacement Program								
SW069	5-37018	Reuse Irrigation Pump Station Improvements	4,986	98,000	1,002,000	500,000				
SW066	5-37020	WWTF Plant Painting & Sealing of Tanks	19,725							
SW073	5-37027	Replacement Backflow Preventers	11,040	19,000	19,760	20,550	12,372	12,867	13,382	
SW078	5-37028	WTP Painting and Tank sealing								
SW081	5-37029	WTP Calcite Tank Project			145,000					
SW083	5-37030	WWTF Odor Control Improvements	77,150							
SWOB4	5-37031	Potable Water Flushing Devices	26,417	10,000	24,000					
SW085	5-37032	Emergency (Association Irrigation) R & R Projects	19,971	35,000	56,750	59,588	62,567	65,695	68,980	
SW087	5-37034	Irrigation SCADA Conversion	28,687							
SWOBB	5-37035	High Service Pump Station Control Upgrade	17,106	76,690						
SWOB9	5-37036	Reuse Pond Liner Protection (Concrete Border)		80,190						
SW090	5-37037	Clarifier Weir covers		99,000						
SW091	5-37038	Irrigation Automatic Flushing Devices		5,000	10,000	5,000				
		TOTAL EXPENDITURES	606,635	1,251,076	2,111,177	1,371,495	469,114	485,018	501,621	
		FUND BALANCE, SEPTEMBER 30	1,315,146	1,335 ,711	353,320	222,814	381,468	526,450	654,829	

WATER CONNECTION FEE FUND

WATER CONNECTION FEE  FUND

 	FY 2017	FY 2018	FY 2019	FY 2020	FY 2021	FY 2022 

	Estimated Beginning Fund Balance	1,193,184	1,172,402	140,004	143,906	147,808	151,710	
ADD REVENUES:	
5-36004	
Interest Revenues	
176	
176	
70	
70	
70	
70	
5-36005	Impact Fee Revenues	3,832	3,832	3,832	3,832	3,832	3,832	

Additional Funding Required	 	

SW071	5-38010	WTP RO Modifications		
SW072 SW076	5-38011	High Service Pump/Hydro-tank Expansion Clearwell/Transfer Pump Expansion		
675,000	
SW077	5-38012	Main Water Line Extension	24,790	361,406	
SW080	5-38013	WTP Concentrate Tank Expansion			

TOTAL REVENUES AND FUNDS AVAILABLE	1,197,192	1,176,410	143,906	147,808	151,710	155,612 DEDUCT EXPENDITURES:

2000 and 2004 Bond Refunding Payment	 	

TOTAL EXPENDITURES	24,790	1,036,406

TRANSFERS:	
Transfers Out to Pay Debt Service	 	

TOTAL TRANSFERS OUT		
FUND BALANCE, SEPTEMBER 30	1,172,402	140,004	143,906	147,808	151,710	155,612	

WASTEWATER C□NNECTIDNFEE FUND

WASTEWATER CONNECTION FEE  FUND

FY 2017	FY 2018	FY 2019	FY 2020	FY 2021	FY 2022

Estimated  Beginning Fund Balance	231,676	234,771	237,882	240,996	244,113	247,233

ADD REVENUES: 
5-36002	Interest Revenues	219	235	238	241	244	247	
5-36006	Impact Fee Revenues
Unrestricted Utility Fund balance 2013 Construction Bond Proceeds	2,876	2,876	2,876	2,876	2,876	2,876	

TOTAL REVENUES AND FUNDS AVAILABLE	
234,771	
237,882	
240,996	
244,113	
247,233	
250,356	

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

TOTAL EXPENDITURES

FUND BALANCE, SEPTEMBER 30	234,771	237,882	240,996	244,113	247,233	250,356

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

r :.	I	1 =	11

  SERIES 2013 BOND	
Es-EOY	Final Budgcl	Forecast

7	FYZD17	FY 2017	FY 2019	FY 2020     I	FY 2021     I	FY 2022

OPERATING REVENUE
2-04001 Interest	s	1,026	s	1,565	600	s	10,000		12,500	12,500	12,500	12,500	
2-04002 Special Assessments	s	1,859,245	s	1,867 ,014	1,992,542	s	1,992 ,542		1,992,542	1 ,992, 542	1,992,542	1,992,542	
2-04005    Miscellaneous Revenue (Prepayments)		 					 Tot.:al Rev enue s	$     1 ,860,271	$     1.868 ,579	$      1 ,993 ,1 42	$      2,002 ,542	$ 2,005,042 $ _bQ0S,042 $ 2,005 ,042 s 2,005,042 
OPERATING EXPENSES
Debt Service
2-05001 Assessment Fees	40,324	40,058	40,100	40,100	40,100	40,100	40,100	40,100	40,100	
2-050D2 Banking Services	5,995	10,434	6,000	6,000	6,000	6,000	6,000	6,000	6,000	
2-05014 Princi pal 2013	1,450,000	1,485,000	1,450,000	1,485,000	1,525,000	1,560,000	1 ,600 ,000	1 ,640 ,000	1,680,000	
2-05015 Interest 2013	396 ,012	360,632	378,322	342,515	305,793	268,156	229,604	190 ,076	149,572	
2-05011 Misc				100,000	10,000	10,000	10,000	10,000	10,000	
2-05860 COi										
2-05870 Land Purchase
Total Expenses	 		 1,892,331	
1,896,124	
1,1174,422	
1 ,973,615	
1 ,886,893	
1,884,256	
1,885,704	
1,886,176	
1,885,672	
Surplus/(Defic/1) Before Transfer from (to) Operating Reserve	
(32,060)	
(27,545)	
118,720 •	
20,921	I	118,149 	!	120,786	
119,338	
118,866	
119,370	

TRANSFER FROM (TO) OPERATING RESERVE

Surplus/(Deficll)	s     (32,060)           s     (27,545)         $          118,720          $	28,927           !   1_1_8,149      $	120 ,786	s	119,338        $         118,866           L       !_!_!,370

•coverage  Provided (Required > 1.10)	1.01	1.09	1.10	1.10	1.10	1.10	1.10	1.10
"Net Revenue/ Bond Payment Requ ireme nts

OPERATING REVENUE
In tere s t

I =.	I

  SERIES 2014 BOND	

r -:: 11

Es-	EOY	Final Budget	 	Forecast 
7	FYZ017	FY 2017	FY 2019      I	FY 2020      I	FY 2021      I	FY 2022

2-04007  Stormwater Revenue	385,975	193,747	389,456	389,456	388,223	388,499	391,138	392,017

Tota l Reve nu es	$         385,975	s    193 ,747	s	389,456	$	389,456	s	388 ,223      s	388,499        s     391 ,138       s	392,017

OPERATING EXPENSES

I

Debt Service Assessment Fees

2-05016 Principal 2014	250,000	125,000	255,000	255,000	265,000	270 , 000	280,000	290,000	300,000	
2-05017 Inter es t 2014 Misc	142,668	68,747	134,456	134 ,456	126,417	118,223	108,499	101,138	92,017	
COi										
Total Expenses	392,668	193,747	389,456	389,456	391,417	388,223	388,499	391,138	017	
Surpfus/(Deficfl) Before Transfer from (to) Operating Reserve	
(6,693)									

Banking Services	I

TRANSFER FROM (TO) OPERATING RESERVE

Surplus/(Deficil)	$	(6,693)

'-

St Lucie West Services District

jesi:;z:, ovl[mJ		I =Il I

Debt Service Fund - Cascades Series 2010 Five Year Operating Forecast

Final Budget	 	Forecast	
'	7	FY 2017	FY 2019      I	FY 2020 I FY2021J FY 2022 J FY 2023
	Beginning Balance - DSR					19,361	
	Est. Beginning Balance - Rev					31,309	
	
OPERATING REVENUE						
3-04002	Interest	116	318	70	3,500	50	
3-04003	Special Assessments	195,982	194,200	207,540	207,540		
3--04005	Miscellaneous Revenue						

Total Reve nues Plus Cash on Hand

OPERATING EXPENSES

196,098	_s     194,518	$	207,610	$	211,040	 	$	s		$	-       $	-       s	-

3-05001 Assessment Fees	4,173	4,172	4,200	4,200	4,200		
3-05002 Banking Services	3,897		4,000	4,000	4,000		
3-05003 Principal 2010	175,000	180,000	180,000	180,000	190,000		
3--05004 Interest 2010	20,752	13,989	17,563	17,563	3,611		
3--05008 Misc.					-I		
Total Expenses	1)3,823	198,161	205,763		201,811		

---	---- ----

Surp/u s/(Deficlt) Before Transfer from
(to) Operating Reserve

 	
(7,725)	(3,643)   -	1,847	5,277   I	10,329 I

TRANSFER FROM (TO) OPERATING RESERVE

Surpfus/(Deficll)

•c overage Provided (Required> 1.10)

"Net Revenue/ Bond Payment Requirements

(7,725)	S	(3,643)    #   S	1,847     #   S	5,277       S	10,329        S	S	...!,    ,,;_   $	S

1.00	1.05	1.07	1.10