St. Lucie West Services District
Proposed Budget For Fiscal Year Ending September 30, 2023

May 3,2022

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 2023 Proposed Annual Budget and FY 2023-2027 Capital Improvement Plan

Dear Honorable Chairman and Supervisors:

I am pleased to present the annual budget for FY 2023 and the FY 2023-2027 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 2022 and some of the major projects that were completed were:

Several lift stations will be rehabilitated for FY 2023. The lift station restoration project effort will be continued throughout the next several years to ensure that all lift stations are upgraded.
The Lake Harvey stormwater expansion project was completed in November 2017 and staff will continue to work with the City of Port St. Lucie on a passive park use and landscaping plan
The Lake Charles Irrigation pump station improvements moved to FY2023 and will continue into 2024.
The Calcite tank project moved for FY2023 and will continue into 2024.
The Clear-well and transfer pump moved to FY2023 and will continue into 2024.
Fiscal Year 2023 reflects positive account activity trends and the recent refunding of Bonds have placed the District in a better financial position. The refinancing of the bonds saved the District over $21,500,000 in debt service while not extending the terms. The District has not raised the Utility Rates since FY2010 due to efficient budgeting and innovative cost saving measures, the proposed budget reflects an increase for the 2023 FY. The Proposed Budget also includes an increase in Maintenance Assessments for the 2023 FY.

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

The budget for FY 2023 continues with the five-year forecasting of the District’s financial needs. Looking out over five years, rather than just the upcoming budget year, shows the impact of the immediate operating budget and the effect on the District’s future fiscal health. Immediate decisions, such as whether to spend from our fund balance to pay for a project, can now be aided by a longer-term perspective.

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

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

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 2023-2027 CIP Plan. The CIP worksheets contain projects that have been identified by the District office and Utility plant management teams. A significant number of these projects and related dollars have been identified as Utility Renewal & Replacement projects (approximately
$1,238,476). 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 $144,891 for FY 2023. The General Fund Renewal and Replacement Fund reflects $304,825 in Stormwater improvement projects with a fund balance over $206,673.

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 2023 budget for your review and consideration.

Sincerely,

William Hayden
William Hayden District Manager

ST. LUCIE WEST SERVICES DISTRICT
FY 2022/2023 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	19
General Fund Budget Account Descriptions and Assumptions	20
Water & Sewer Fund
Water & Sewer Fund Budget Overview	28
Water & Sewer Fund Revenues & Expenditures	30
Water & Sewer Fund Budget Summary	32
Water & Sewer Fund Budget & Five-Year Operating Forecast	33
Water & Sewer Fund Account Descriptions and Assumptions	47
Water & Sewer Fund Capital Funding Revenue & Expenditures	58
Water & Sewer Fund Renewal & Replacement Fund	59
Water & Sewer Fund Water Connection Fee Fund	60
Water & Sewer Fund Wastewater Connection Fee Fund	61
Other Funds
Debt Service Fund – Water Management Benefit Series 2013, 2014, & 2021 Five-
Year Operating Forecast	62
Capital Projects Fund – District Wide Stormwater	63

BUDGET SUMMARY	
St. Lucie West Services District - Fiscal Year 2023	

ESTIMATED REVENUES	

GENERAL FUND	

DEBT SERVICE	

CAPITAL PROJECTS	

UTILITY FUNDS	

CONNECTION FEE FUNDS	

TOTAL ALL FUNDS	
Non-Ad Valorem WMB Assessment	$208.84 per ERU Until 2025	$	2,224,808				$	2,224,808	
Non-Ad Valorem Special Maintenance Assessment $126 per ERU  $	1,286,389					$	1,286,389	
Storm Water Drainage Fees From City	$	1,903,032					$	1,903,032	
City Special Assessment for Bond	$	392,663					$	392,663	
Other General Fund Revenues	61,343					$	61,343	
Utility Rate Revenues			$	9,022,753		$	9,022,753	
Other Utility Fund Revenues			$	847,689		$	847,689	
General Fund R&R					$	-	
Storm Water Drainage Fees From City - To R&R		$	7,337				
Utility Fund R&R					$	-	
Water Connection Fee Fund				$	3,902	$	3,902	
Wastewater Connection Fee Fund				$	2,907	$	2,907	
TOTAL SOURCES	$	3,643,427	$	2,224,808	$	7,337	$	9,870,442	$	6,809	$	15,752,823	

Transfer In From General Fund	
Transfer In for Utility Fund R&R	

$	234,319	
$	681,267	

$	626,982	
$	681,267	

392,663

TOTAL REVENUES & TRANSFERS IN	$	3,643,427	$	2,617,471	$	922,923	$	9,870,442	$	6,809	$	17,061,072

EXPENDITURES	
General Fund	$	3,373,420					$	3,373,420	
General Fund Personnel	$	2,349,643						
General Fund Operating	$	952,777						
General Fund Capital Outlay	$	71,000						
General Fund R&R			$	256,099			$	256,099	
Utility Operating Fund				$	6,787,677		$	6,787,677	
Utility Fund Personnel				$	3,225,690			
Utility Fund Operating				$	3,424,487			
Utiity Fund Capital Outlay				$	137,500			
Debt Service		$	2,452,684		$	2,582,146		$	5,034,830	
Utility Fund R&R			$	1,210,715			$	1,210,715	
Water Connection Fee Fund					$	700,000	$	700,000	
Wastewater Connection Fee Fund					$	-	$	-	
TOTAL EXPENDITURES	$	3,373,420	$	2,452,684	$	1,466,814	$	9,369,823	$	700,000	$	17,362,741	

Transfer Out to General Fund R&R	$	234,319					$	234,319	
Transfer Out to 2014 Bond	$	392,663					$	392,663	
Transfer Out to Utility Fund R&R				$	681,267		$	681,267	
TOTAL EXPENDITURES AND TRANSFERS OUT	$	4,000,402	$	2,452,684	$	1,466,814	$	10,051,090	$	700,000	$	18,670,990	

Fund Balance/Reserves

$	1,946,821

$	1,536,131	$

5,363,233	$

750,545	$

9,596,730

NET ENDING BALANCE	$	1,589,846	$	164,787	$	992,240	$	5,182,585	$	57,354	$	7,986,812

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

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

In the Governmental Funds, separate accounting funds are set up for the bonded debt service and proceeds from bond issues. There are three such funds at St. Lucie West Services District. These three funds are shown on the last three pages of this budget. Separate assessments on the District property owners are assigned exclusively for the Water Management Benefit Series 2013 and the Cascades Series 2010 Debt Service Funds. The proceeds of these assessments can be used for no other purpose than the debt service of these two bond issues. In 2010 the District refunded the Water Management Benefit Series 2010 bond at a savings of $16.00 per ERU per year through 2025 the total savings was $6,208,920 and did not extend the term.

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 new administration office. We are budgeting for a deficit in FY 2023 due in part to Capital Outlay purchases and transfer to R&R Fund for stormwater repairs. The General Fund for both FY 2022 and 2023 will have a fund balance exceeding $1,800,000. 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 7.5 for FY 2023 and was based upon the change in the U.S. Bureau of Labor Statistics Consumer Price Index - All Urban Customers, U.S. City Average, Services, for most other line items, where applicable, a general inflationary rate of 2% is utilized. There are some

exceptions such as health insurance 10% this year, and liability insurance 2.0% this year for which national projections call for continuing increases. Energy costs are expected to grow at an inflation rate of 15.0% for FY 2023 as well.

Rate Adjustment – The Special Assessment rate of $ 126.00 per ERU proposed within this year’s budget for FY 2023 which reflects a $20.00 per ERU increase over the FY 2022 Budget.

The ERU numbers are expected to remain the same in FY 2023. We expect revenues in most categories to remain the same per year for each of the next five years. Fiscal year 2023 reflects an increase but FY2023 and FY2024 reflects a $10.00 per ERU increase in assessments and FY2025 thru FY 2026 reflect a $20.00 per ERU increase in assessments.

Capital Improvement Program

The capital improvement program has several items for your review. In a continuation of the previous years funding practices for capital items, we are proposing to pay for the capital items directly rather than financing the purchase over several 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 2023 are as follows: The Aquatics Division is requesting the replacement of a Carolina Skiff Spray boat and trailer for $15,000 The Administration Division is not requesting any capital expenditures this FY; The Exotic Plant Removal Division is requesting the replacement of one Kawasaki Mule for the price of $12,000. The Stormwater Division is budgeting $38,000 for two mowers. A 17 ft woods Right of way mower and a Zero Turn Mower. The Shop Division is requesting $10,000 for a new tire balance machine which will be split with the utility fund 50/50. The General Fund Renewal and Replacement Fund Project is for emergency storm water projects in the amount of
$254,825. The total for the list of capital R&R items is $254,825 in the General Fund for FY 2023 and will leave a fund balance of over $218,000.

Project Maintenance Fees 1.25%
Interest 0.00%

Permit Fees 0.00%

Miscellaneous Fees 0.43%

City for Stormwater Bond Payment 10.96%

Special Assessments 35.24%

Storm Water Drainage Fees 52.13%

TOTAL REVENUES	$ 3,650,764

PERCENT	
  REVENUES		

  TOTALS	

Storm Water Drainage Fees	
Special Assessments	
City for Stormwater Bond Payment	
Interest	
Project Maintenance Fees	
Permit Fees	
Miscellaneous Fees	

1,903,032	
1,286,389	
400,000	
12	
45,569	
-	
    15,762 	

52.1%	
35.2%	
11.0%	
0.0%	
1.2%	
0.0%	
0.4%	

TOTAL OPERATIONAL REVENUE	$ 3,650,764	100.0%	

GENERAL FUND PRIOR YEARS BALANCE	
$ 1,946,821		

0%	

0%						

Aquatics Division	
1%
3%  1%		0%		
0%			Stormwater Maintenance Division
Administration Division
Exotic Plant Removal Division	
1%			10%		15%		Finance	
6%							Capital Improvement Projects R&R Fund	
5%						17%	Legal Services	
10%							Shop Operations	
				31%			Engineering Services
District Manager	
							Board of Supervisors	
							Clerk to the Board	
							Pollution Control	
							Debt Service 2014 Bond	
							Grant Management	
TOTAL EXPENDITURES				$ 4,007,739	

PERSONNEL	
OPERATING	CAPITAL 
OUTLAY  	
TOTALS		

PERCENT	
 EXPENDITURES	

Aquatics Division	419,497	158,851	15,000	593,348	
Stormwater Maintenance Division	470,523	185,098	39,000	694,621	
Administration Division	1,023,406	231,069	-	1,254,475	
Exotic Plant Removal Division	316,033	67,940	12,000	395,973	
Finance		177,869		177,869	
Capital Improvement Projects R&R Fund				241,656	
Legal Services		32,973		32,973	
Shop Operations	82,846	31,586	5,000	119,432	
Engineering Services		34,915		34,915	
District Manager	24,420	11,634		36,054	
Board of Supervisors	12,918	2,727		15,645	
Clerk to the Board		14,153		14,153	
Pollution Control		2,611		2,611	
Debt Service 2014 Bond				392,663	
Grant Management		             1,351			1,351 	

14.81%	
17.33%	
31.30%	
9.88%	
4.44%	
6.03%	
0.82%	
2.98%	
0.87%	
0.90%	
0.39%	
0.35%	
0.07%	
9.80%	
       0.03%	

TOTAL EXPENDITURES	$ 2,349,643	$	952,777	$  71,000	$ 4,007,739	

100.00%

St. Lucie West Services District General Fund Budget Summary		

	FY 2021		
	FY 2022		
	FY 2023		
	ACTUAL			ESTIMATE		  PROPOSED		

	FY 2022		
ORIGINAL BUDGET	

ADD REVENUES:	
Special Assessments	
Stormwater Drainage Fees	
City Stormwater Drainage Fee for Bond	
Other Revenues	

1,070,099	
1,824,250	
400,000	
     114,679 	

1,072,389	
1,828,032	
400,000	
       57,690 	

1,072,389	
1,903,032	
400,000	
      65,063 	

1,286,389	
1,903,032	
400,000	
      61,343 	

TOTAL OPERATING REVENUES	3,409,028	3,358,111	3,440,484	3,650,764	
FUND BALANCE, October 1	2,496,220	2,305,085	2,305,085	1,946,821	
TOTAL REVENUES AND FUNDS AVAILABLE	5,905,248	5,663,196	5,745,569	5,597,585	

DEDUCT EXPENDITURES:	
Board of Supervisors	
District Manager	
Finance	
Grant Management	
Clerk to the Board	
Legal Services	
Engineering Services	
Pollution Control	
Administration Division	
Aquatics Division	
Stormwater Maintenance Division	
Exotic Plant Removal Division	
Shop Operations	
Capital Improvement Projects R&R	
Capital Debt Service 2014 Bond	

14,031	
53,522	
116,073	
-	
15,634	
13,598	
31,491	
-	
1,170,120	
532,084	
584,233	
420,316	
75,171	
182,481	
391,409	

15,586	
88,423	
160,820	
1,257	
13,165	
30,672	
32,479	
2,555	
1,168,468	
525,597	
644,132	
396,035	
118,983	
204,812	
392,017	

15,586	
68,423	
160,820	
1,257	
13,165	
30,672	
32,479	
2,555	
1,177,976	
525,751	
653,217	
399,035	
120,983	
204,812	
392,017	

15,645	
36,054	
177,869	
1,351	
14,153	
32,973	
34,915	
2,611	
1,254,475	
593,348	
694,621	
395,973	
119,432	
241,656	
392,663	

TOTAL EXPENDITURES	3,600,163	3,795,001	3,798,748	4,007,739

FUND BALANCE, SEPTEMBER 30		2,305,085  	1,868,195  	1,946,821  	1,589,846 

	

General Fund Balance (Beginning)	
Actual FY 2021

2,496,220		
Actual YTD FY 2022

2,305,085		
Estimate EOY FY 2022

2,305,085		
Orig. Budget FY 2022

2,305,085		Final Amended Budget
FY 2022

2,305,085		
Budget FY 2023

1,946,821	
	OPERATING REVENUE												
1-04001	Permit Fees	-		-				-		-		-	
1-04002	Grant Revenue	-		-		-		-		-		-	
1-04003	Miscellaneous Fees	-		-		-		-		-		-	
1-04004	Storm Water Drainage Fees From City	1,824,250	1,713,286	1,954,536	1,828,032	1,903,032	1,903,032	
1-04005	Project Maintenance Fees	40,569		45,569	45,569	45,569	45,569	
1-04006	Interest	10	3	3	121	11	12	
1-04007	Special Maintenance Assessments	1,070,099	1,013,521	1,070,000	1,072,389	1,072,389	1,286,389	
1-04009	Miscellaneous Income	74,100	19,483.00	19,483	12,000	19,483	15,762	
1-04010	WMB Prepayment	-	-	-	-	-	-	
1-04012	Stormwater Drainage from City for Bond	391,409	200,000	392,017	392,017	392,017	392,663	
1-04014	Stormwater Drainage from City for Lake Harvey	8,591		- 		7,983 		7,983 		7,983 	7,337	
Total Revenues	$	3,409,028		$	2,946,293		$	3,489,591		$	3,358,111		$	3,440,484		$	3,650,764	

OPERATING EXPENSES
 Board of Supervisors			
1-05001	Executive Salaries	11,900	6,000	12,000	12,000	12,000	12,000	
1-05002	FICA	910	459	918	918	918	918	
1-05015	Board Meeting Expenses	1,221		383 		766 		2,668 		2,668 	2,727	
	TOTAL BOARD OF SUPERVISORS	14,031		6,842 		13,684 		15,586 		15,586 		15,645 	

District Manager			
1-06001	Assessment Fees & Costs	8,400	-	-		8,872	8,872	9,537	
1-06003	Operations & Maintenance Services	461	210	420		1,092	1,092	1,174	
1-06005	Management Contract	44,661	33,700	57,600		77,600	57,600	24,420	
1-06009	Travel & Per Diem	-		- 		- 			859 		859 	923	
	TOTAL DISTRICT MANAGER	53,522		33,910 		58,020 	-		88,423 		68,423 		36,054 	

Finance			
1-07001	Dissemination Agent	-	-	1,000	2,030	2,030	2,030	
1-07002	Arbitrage	-	-	1,000	1,933	1,933	2,078	
1-07004	Accounting Services	28,445	14,438	28,876	33,356	33,356	35,858	
1-07005	Auditing	11,125	-	13,382	13,583	13,583	14,602	
1-07007	Banking Services	1,408	-	-	722	722	776	
1-07009	Property & Casualty Insurance	51,053	63,270	66,430	66,430	66,430	79,759	
1-07018	Property Taxes & Assessments	24,042		24,126 		42,766 		42,766 		42,766 	42,766	
	TOTAL FINANCE	116,073		101,834 		153,454 		160,820 		160,820 		177,869 	
	
Grant Management							
1-12001	Contractual Services -GM	-	-		- 	1,257	1,257	1,351	

Estimate EOY FY 2022		
Orig. Budget FY 2022		Final Amended Budget
FY 2022	

	

TOTAL GRANT MANAGEMENT

Clerk to the Board	
Actual FY 2021
-		
Actual YTD FY 2022
	- 		

	-		

-		

1,257		

-		

1,257 		
Budget FY 2023
	1,351 	
1-13002	Other Contractual Services	7,134		3,609		7,218		9,199		9,199		9,889	
1-13004	Postage & Freight	7,594		630		1,260		900		900		968	
1-13005	Printing & Binding	906		436		872		1,456		1,456		1,565	
1-13007	Legal Ads	-			1,731 			1,200 			1,610 			1,610 		1,731	
	TOTAL CLERK TO THE BOARD	15,634			6,406 			10,550 			13,165 	-		13,165 			14,153 	

Legal Services				
1-19001	General Counsel	9,918	5,584	20,000		27,332		27,332	29,382	
1-23001	Special Counsel	3,680		- 		- 			3,340 			3,340 	3,591	
	TOTAL LEGAL COUNSEL	13,598		5,584 		20,000 	-		30,672 	-		30,672 		32,973 	
	
Engineering Services									
1-26002	Engineering Services	31,491		5,357 		10,714 			32,479 			32,479 	34,915	
	TOTAL ENGINEERING	31,491		5,357 		10,714 	-		32,479 	-		32,479 		34,915 	
	
Pollution Control								
1-29002	Regulatory & Permit Fees	-		- 		- 			2,555 			2,555 	2,611	
	TOTAL POLLUTION CONTROL	-		- 		- 	-		2,555 	-		2,555 		2,611 	

ADMINISTRATION DIVISION
Personnel			
1-15001	Regular Salaries	357,790	181,247	362,494		339,682		339,682		365,158	
1-15002	Overtime	2,654	2,148	4,296		2,539		2,539		2,729	
1-15003	FICA	23,579	16,396	32,792		33,177		33,177		31,110	
1-15004	Retirement Contributions	31,387	19,200	38,400		37,784		37,784		35,308	
1-15005	Health/Life/Dental Insurance	515,598	239,700	479,400		490,422		490,422		539,464	
1-15006	Workers Comp	23,469	21,982	24,820		24,820		24,820		25,316	
1-15007	Unemployment Insurance	-	-	-		2,086		2,086		2,242	
1-15010	Uniforms	2,325	1,990	-		2,442		2,442		2,625	
1-15012	Training, Cont. Educ., and Licensing	14	381	762		4,739		4,739		5,094	
1-15013	Vehicle Allowance	6,686	3,600	7,200		7,200		7,200		7,200	
1-15014	Annual PTO	-	-	-		5,613		5,613		6,034	
1-15015	Cell Stipend		390 		210 	420		1,047		1,047		1,126	
Total Administration Personnel: 	963,891 		486,854 		950,584	951,551	951,551	1,023,406 
ADMIN Operating	
1-33001	Other Contractual Services	52,925	49,833	99,666	77,851	77,851	83,690	
1-33002	Website Maintenance	8,979	1,895	3,790	10,319	10,319	10,525	
1-33004	Water - Irrigation	3,161	2,365	4,730	4,314	4,314	4,400	
1-33005	Telephone & Cell Service	7,324	6,423	12,846	11,139	11,139	11,362	
1-33006	Postage & Freight	750	478	956	1,153	1,153	1,176	
1-33007	Electricity Services	4,165	1,662	3,324	4,720	4,720	5,050	

										Final Amended			
		Actual		Actual YTD		Estimate EOY		Orig. Budget		Budget		Budget	
		FY 2021		FY 2022		FY 2022		FY 2022		FY 2022		FY 2023	
1-33010	Equipment Leasing	15,586		2,190		-		3,628		3,628		3,701	
1-33011	Administration Maintenance	215		-		-		2,928		2,928		2,987	
1-33018	Contingencies - Hurricane	814		-		-		20,400		20,400		20,400	
1-33019	Office Supplies	10,154		4,866		12,000		12,306		12,306		13,229	
1-33020	Fuel & Lubricants - Vehicle	30,559		10,220		20,440		33,790		40,548		42,575	
1-33021	Operating Supplies and Expenses	6,321		2,236		4,472		6,798		6,798		7,308	
1-33022	Computer Software	2,488		2,236		4,472		4,995		4,995		5,095	
1-33023	Computer Hardware/ Supplies	2,753		2,821		5,642		8,830		8,830		2,250	
1-33024	Fuel & Lubricants - Equipment	12,977		7,069		14,138		13,746		16,496		17,321	
1-33025	Minor Construction Expenses	-		-		-		-		-		-	
	Total Administration Operating:	159,170		94,294		186,476		216,917		226,425		231,069	
	Capital Outlay Administration												
1-33101	Equipment	36,700		-									
1-33102	Building	10,359		-									
1-33103	Other	-											
	Total Administration Capital Outlay:	47,059		-		45,000		-		-		-	

	TOTAL ADMINISTRATION	1,170,120 		581,148 		1,182,060 		1,168,468 		1,177,976	1,254,475 

1-14001
1-14002
1-14003
1-14004
1-14008
1-14010
1-14011
1-14012

AQUATICS DIVISION

45,000	-	-
-	-	-
-	-	-	-
-
-	

Personnel
Regular Salaries	250,268
Overtime	8,515
FICA	19,644
Retirement Contributions	17,448
Uniforms	2,477
Training, Cont. Educ., and Licensing	2,027 Annual PTO		-
Cell Stipend		- 
Total Aquatics Personnel: 	300,379  Aquatics Operating

140,117

280,234
9,210
21,256
22,276
4,024
728
-
-

285,483
19,935
23,692
27,488
4,159
3,489
3,747
535

285,483
19,935
23,692
27,488
4,159
3,489
3,747
535

326,894
21,430
26,999
31,349
4,471
3,751
4,028
575

4,605
10,628
11,138
2,012
364
-
	- 
	168,864 	337,728	368,528	368,528	419,497

1-31001
1-31003
1-31005
1-31009
1-31011

Operations & Maintenance Svc	13,609 Disposal Fees		600
Operating Supplies	7,037
Equipment Maintenance	12,066
Chemicals	80,562

3,476
280
1,628
5,729
18,251

6,952	14,042	14,042
560	2,795	2,795
3,256	9,392	9,392
11,458	13,079	13,079
36,502	103,911	103,911

15,095
3,005
10,096
14,060
111,704

1-31012

Machinery & Equipment		4,363 

	2,063 		4,126 		4,550 		4,550 

4,891

1-31101
1-31102
1-31103

Total Aquatics Operating: 	118,237  Capital Outlay Aquatics
Equipment	113,468
Building	-
Other	-

	31,427 		62,854 		147,769 		147,769 		158,851 

9,454
-
-

9,300
-
-

9,454
-
-

15,000
-
-

9,454
-
-

Total Aquatics Capital Outlay: TOTAL AQUATICS DIVISION

113,468
532,084

9,454
209,745

9,454	9,300	9,454	15,000

	410,036 		525,597	-	525,751	593,348 

Estimate EOY FY 2022

Orig. Budget FY 2022

Final Amended Budget
FY 2022

Budget FY 2023

1-16001
1-16002
1-16003
1-16004
1-16008
1-16010
1-16011
1-16012

1-34001
1-34002
1-34004
1-34005
1-34007
1-34008
1-34009
1-34011
1-34014

263,304	320,610	320,610	369,656	
7,476	17,445	17,445	18,753	
19,774	26,405	26,405	30,298	
24,294	30,425	30,425	34,957	
3,440	3,878	3,878	4,169	
-	3,698	4,698	5,050	
-	6,377	6,377	6,855	
180	730	730	785	

318,468	409,568	410,568
-
77,166	73,849	73,849
1,826	4,005	4,005
1,286	1,733	1,733
11,032	20,066	20,566
-	35,000	40,000
4,640	6,538	6,538
8,492	30,000	30,000
1,120	1,837	3,337
	5,992 		7,236 		8,321 

470,523

79,388
4,305
1,863
22,108
25,000
7,028
32,250
3,587
9,569

	111,554 		180,264 		188,349 		185,098 

1-34101
1-34102
1-34103

43,044	44,300	44,300	29,000	
10,000	10,000	10,000	10,000	
-	-	-	-	

53,044	54,300	54,300

39,000

	483,066 		644,132	653,217	694,621 

Actual	
Actual YTD	
FY 2021	FY 2022	
STORM WATER MANAGEMENT DIVISION		
Personnel		
Regular Salaries	285,420	131,652	
Overtime	12,084	3,738	
FICA	22,736	9,887	
Retirement Contributions	27,935	12,147	
Uniforms	2,817	1,720	
Training, Cont. Educ., and Licensing	256	3,413	
Annual PTO	-	-	
Cell Stipend		167 		90 	
Total Storm Water Personnel: 	351,415 		162,647 	
Storm Water Operating		
Operations & Maintenance Svc	79,165	38,583	
Laboratory Services	3,819	913	
Disposal Fees	3,083	643	
Operating Supplies	19,232	5,516	
Landscape Materials	26,984	13,863	
Vehicle Maintenance	3,501	2,320	
Equipment Maintenance	29,393	4,246	
Chemicals	974	560	
Electricity Services		6,919 		2,996 	
Total Storm Water Operating: 	173,070 		69,640 	
Capital Outlay Storm Water		
Equipment	59,680	43,044	
Building	68	10,000	
Other - GIS Mapping	-	-	
Total Storm Water Capital Outlay:	59,748	53,044	
			
TOTAL STORM WATER MANAGEMENT DIVIS	584,233	285,331	

EXOTIC PLANT REMOVAL DIVISION
Personnel
Regular Salaries	219,678
Overtime	10,469
FICA	17,514
Retirement Contributions	20,765
Uniforms	3,664
Training, Cont. Educ., and Licensing	140
Annual PTO	-
Cell Stipend		227 
Total Exotic Plant Personnel: 	272,457  Exotic Plant Operating
Operations & Maintenance Svc	18,572
Disposal Fees	3,140	

127,468	
	5,914	
	9,801	
	10,892	
	3,810	
	325	
	-	
		165 	
		158,375 	
	10,489	
	1,443	

1-17001
1-17002
1-17003
1-17004
1-17008
1-17010
1-17011
1-17012

1-35001
1-35003

254,936	261,197	261,197	250,787	
11,828	10,762	10,762	11,569	
19,602	21,068	21,068	20,354	
21,784	24,476	24,476	23,612	
7,620	3,314	3,314	3,563	
650	1,274	2,274	2,445	
-	2,957	2,957	3,179	
330	487	487	524	

316,750	325,535	326,535
-
20,978	27,000	27,000
2,886	5,469	5,469

29,025
5,879

316,033

1-35004	
1-35006	
1-35008	
1-35010	

1-35101	
1-35102	
1-35103	

		

		

		

	

	

							Final Amended			
Actual	Actual YTD		Estimate EOY		Orig. Budget		Budget		Budget	
FY 2021	FY 2022		FY 2022		FY 2022		FY 2022		FY 2023	
Operating Supplies	12,244	6,331		12,662		15,000		15,000		16,125	
Vehicle Maintenance	6,011	1,618		3,236		6,997		6,997		7,522	
Chemicals	5,809	2,979		5,958		6,734		8,734		9,389	
Maintenance Contracts		43,123 		- 			- 			- 			-			-	
Total Exotic Plant Operating: 	88,898 		22,860 			45,720 			61,200 			63,200 		67,940 	
Capital Outlay Exotic Plant									
Equipment	58,961	9,249		9,249		9,300		9,300		12,000	
Building	-	-		-		-		-		-	
Other	-	-		-		-		-		-	
Total Exotic Plant Capital Outlay:	58,961	9,249		9,249		9,300		9,300	12,000	
										
TOTAL EXOTIC PLANT REMOVAL DIVISION	420,316	190,484			371,719 		396,035		399,035	395,973	

SHOP OPERATIONS DIVISION
Personnel
Regular Salaries	40,278
Overtime	1,590
FICA	3,298
Retirement Contributions	4,052
Uniforms	324
Training, Cont. Educ., and Licensing	(27) Annual PTO		-
Cell Stipend		- 
Total Shop Personnel: 	49,514 
Shop Operating
Operations & Maintenance Svc	8,052
Disposal Fees	1,071
Operating Supplies	5,161
Machinery & Equipment		9,250 
Total Shop Operating: 	23,534 
Capital Outlay Shop
Equipment	2,123
Building	-
Other	-	

23,097		

46,194		

48,467		

48,467	

61,102	
	814		1,628		5,630		5,630	6,052	
	1,743		3,486		4,138		4,138	5,137	
	2,152		4,304		4,869		4,869	6,044	
	341		682		626		626	673	
	1,068		2,136		1,811		2,811	3,022	
	-		-		499		499	536	
		- 		-		260		260	280	
		29,215 		58,430		66,300		67,300	82,846	
							-		
	4,171		7,342		9,233		10,233	11,000	
	679		1,358		1,809		1,809	1,945	
	2,400		4,800		6,309		6,309	6,782	
		3,557 			7,114 			11,032 			11,032 	11,859	
		10,807 			20,614 			28,383 			29,383 		31,586 	
	24,184		24,184		24,300		24,300	5,000	
	-		-		-		-	-	
	-		-		-		-	-	
Total Shop Capital Outlay:	2,123	24,184		24,184		24,300		24,300	5,000	
										
SHOP OPERATIONS DIVISION	75,171	64,206			103,228 		118,983		120,983	119,432	

1-18001	
1-18002	
1-18003	
1-18004	
1-18013	
1-18015	
1-18016	
1-18017	

1-36001	
1-36002	
1-36003	
1-36006	

1-36101	
1-36102	
1-36103	

		

		

Total Operating Expenses	3,026,273	

1,490,847		2,816,531	3,198,172	

3,201,919	3,373,420

NON-OPERATING INCOME AND EXPENSES	
Other Expense	

DEBT SERVICE EXPENSES

1-04013	
1-04013	

 	
	
Actual	
	FY 2021	
Principal 2014 Bond Issue - sent to Trustee	290,271	
Interest 2014 Bond issue - sent to Trustee		101,138 	
TOTAL DEBT SERVICE:		391,409 	

 	

Actual YTD		
Estimate EOY	
FY 2022		FY 2022	
-		300,000	
	- 			92,017 	
	- 			392,017 	

	

Orig. Budget	
FY 2022	
300,000	
	92,017 	
	392,017 	

	
Final Amended Budget	
FY 2022	
300,000	
	92,017 	
	392,017 	

	

Budget	
FY 2023	
310,000	
82,663	
	392,663 	

CAPITAL IMPROVEMENT 		
Capital Improvement Program R&R	53,619	-	
Add R&R Funding / Grant Revenue	120,000	-	
Add SWD funds from City for DS commitment	8,862	-	
Land Sale Transfer to R&R Funding	-		- 	
TOTAL OTHER CAPITAL EXPENSES R&R FUND:	182,481	-	

56,829	56,829	56,829	64,319	
140,000	140,000	140,000	170,000	
7,983	7,983	7,983	7,337	
	-		-	-	-	
204,812	204,812	204,812	241,656	

 	

$	3,650,764

Total Expenses	$ 3,600,163	$	1,490,847	$	3,413,360	$	3,795,001	

Total Revenues	$ 3,409,028	$	2,946,293	$	3,489,591	$	3,358,111	

Surplus/(Deficit)

$	3,798,748	$

$	3,440,484

4,007,739

(191,135)	1,455,446	76,231	(436,890)	
$ 2,305,085	$	3,760,531	$	2,381,316	$	1,868,195	

(358,264)	
$	1,946,821	

(356,975)	
	
$	1,589,846	

Available Operating Cash Balance (Ending)

OPERATING REVENUE	
Permit Fees	-	
Grant Revenue	-	
Miscellaneous Fees	-	
Storm Water Drainage Fees From City	1,903,032	
Project Maintenance Fees	45,569	
Interest	13	
Special Maintenance Assessments	1,393,389	
Miscellaneous Income	16,392	
WMB Prepayment	-	
Stormwater Drainage from City for Bond	388,270	
Stormwater Drainage from City for Lake Harvey	7,983	
Total Revenues	$	3,754,648	

Forecast	
FY 2024	FY 2025	FY 2026	FY 2027	

1-04001	
1-04002	
1-04003	
1-04004	
1-04005	
1-04006	
1-04007	
1-04009	
1-04010	
1-04012	
1-04014	

General Fund Balance (Beginning)	1,589,846	1,242,698

-	1,118,264

-	1,150,748

-	
-	-	-	
-	-	-	
1,903,032	1,903,032	1,903,032	
45,569	45,569	45,569	
14	15	17	
1,660,889	1,928,389	2,142,389	
17,048	17,730	18,439	
-	-	-	
388,259	388,132	392,620	
	11,741 		11,868 		7,380 	
$	4,026,552	$	4,294,735	$	4,509,446	

1-05001	
1-05002	
1-05015	

OPERATING EXPENSES	
 Board of Supervisors	
Executive Salaries	12,000	12,000	12,000	12,000	
FICA	918	918	918	918	
Board Meeting Expenses	2,787	2,848	2,911	2,975	
TOTAL BOARD OF SUPERVISORS	15,705	15,766	15,829	15,893	

1-06001	
1-06003	
1-06005	
1-06009	

District Manager	
Assessment Fees & Costs	9,747	
Operations & Maintenance Services	1,200	
Management Contract	24,957	
Travel & Per Diem	943	
TOTAL DISTRICT MANAGER	36,847	

9,961	10,180	10,404	
1,226	1,253	1,281	
25,506	26,067	26,640	
	964 		985 		1,007 	
	37,657 		38,485 		39,332 	

1-07001	
1-07002	
1-07004	
1-07005	
1-07007	
1-07009	
1-07018	

Finance	
Dissemination Agent	2,030	
Arbitrage	2,124	
Accounting Services	36,647	
Auditing	14,923	
Banking Services	793	
Property & Casualty Insurance	70,354	
Property Taxes & Assessments	42,766	
TOTAL FINANCE	169,637	

2,030	2,030	2,030	
2,171	2,219	2,268	
37,453	38,277	39,119	
15,251	15,587	15,930	
810	828	846	
60,761	73,976	87,456	
	42,766 		42,766 		42,766 	
	161,242 		175,683 		190,415 	

Grant Management	
Contractual Services -GM	

1,381	1,411	1,442	1,474	

1-12001

Forecast	
FY 2024	FY 2025	FY 2026	FY 2027	
TOTAL GRANT MANAGEMENT	1,381	1,411	1,442	1,474	

1-13002	
1-13004	
1-13005	
1-13007	

Clerk to the Board	
Other Contractual Services	10,107	
Postage & Freight	989	
Printing & Binding	1,599	
Legal Ads	1,769	
TOTAL CLERK TO THE BOARD	14,464	

10,329	
1,011	
1,634	
         1,808 	
        14,782 	

10,556	
1,033	
1,670	
        1,848 	
       15,107 	

10,788	
1,056	
1,707	
         1,889 	
        15,440 	

1-19001	
1-23001	

Legal Services	
General Counsel	30,028	
Special Counsel	3,670	
TOTAL LEGAL COUNSEL	33,698	

30,689	31,364	32,054
	3,751  	3,834  	3,918 
	34,440  	35,198  	35,972 

1-26002

1-29002

	36,468  	37,270  	38,090 

Engineering Services	
Engineering Services	35,683	
TOTAL ENGINEERING	35,683	

	36,468  	37,270  	38,090 

Pollution Control	
Regulatory & Permit Fees	2,668	
TOTAL POLLUTION CONTROL	2,668	

	2,727  	2,787  	2,848 

ADMINISTRATION DIVISION	
Personnel	
Regular Salaries	
Overtime	
FICA	
Retirement Contributions	
Health/Life/Dental Insurance	
Workers Comp	
Unemployment Insurance	
Uniforms	
Training, Cont. Educ., and Licensing	
Vehicle Allowance	
Annual PTO	
Cell Stipend	
Total Administration Personnel:	
ADMIN Operating	
Other Contractual Services	
Website Maintenance	
Water - Irrigation	
Telephone & Cell Service	
Postage & Freight	
Electricity Services	

1-15001	
1-15002	
1-15003	
1-15004	
1-15005	
1-15006	
1-15007	
1-15010	
1-15012	
1-15013	
1-15014	
1-15015	

1-33001	
1-33002	
1-33004	
1-33005	
1-33006	
1-33007	

373,191	381,401	389,792	398,367	
2,789	2,850	2,913	2,977	
31,782	32,469	33,172	33,889	
36,084	36,878	37,689	38,519	
577,226	617,632	660,866	707,127	
25,822	26,338	26,865	27,402	
2,291	2,341	2,393	2,446	
2,683	2,742	2,802	2,864	
5,206	5,321	5,438	5,558	
7,200	7,200	7,200	7,200	
6,167	6,303	6,442	6,584	
1,151	1,176	1,202	1,228	
1,071,592	1,122,651	1,176,774	1,234,161	

	2,727  	2,787  	2,848 

85,531	
10,736	
4,488	
11,589	
1,200	
5,404	

87,413	
10,951	
4,578	
11,821	
1,224	
5,782	

89,336	
11,170	
4,670	
12,057	
1,248	
6,187	

91,301	
11,393	
4,763	
12,298	
1,273	
6,620	

 	   

1-33010	
1-33011	
1-33018	
1-33019	
1-33020	
1-33021	
1-33022	
1-33023	
1-33024	
1-33025	

1-33101	
1-33102	
1-33103	

Equipment Leasing	
Administration Maintenance	
Contingencies - Hurricane	
Office Supplies	
Fuel & Lubricants - Vehicle	
Operating Supplies and Expenses	
Computer Software	
Computer Hardware/ Supplies	
Fuel & Lubricants - Equipment	
Minor Construction Expenses	
Total Administration Operating:	
Capital Outlay Administration	
Equipment	
Building	
Other	
Total Administration Capital Outlay:	

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

	TOTAL ADMINISTRATION			1,306,839  	1,364,565  	1,425,606  	1,490,173 

334,086	341,436	348,948	356,625	
21,901	22,383	22,875	23,378	
27,593	28,200	28,820	29,455	
32,039	32,744	33,464	34,200	
4,569	4,670	4,773	4,878	
3,834	3,918	4,004	4,092	
4,117	4,208	4,301	4,396	
588	601	614	628	
428,727	438,160	447,799	457,652	

15,427	
3,071	
10,318	
14,369	
114,161	
          4,999 	
         162,345 	

15,766	
3,139	
10,545	
14,685	
116,673	
         5,109 	
       165,917 	

16,113	
3,208	
10,777	
15,008	
119,240	
        5,221 	
       169,567 	

16,467	
3,279	
11,014	
15,338	
121,863	
         5,336 	
       173,297 	

Forecast	
FY 2024	FY 2025	FY 2026	FY 2027	
3,775	3,851	3,928	4,007	
3,047	3,108	3,170	3,233	
20,400	20,400	20,400	20,400	
13,520	13,817	14,121	14,432	
44,704	46,939	49,286	51,750	
7,469	7,633	7,801	7,973	
5,197	5,301	5,407	5,515	
-	-	-	-	
18,187	19,096	20,051	21,054	
-	-	-	-	
235,247	241,914	248,832	256,012	

AQUATICS DIVISION	
Personnel	
Regular Salaries	
Overtime	
FICA	
Retirement Contributions	
Uniforms	
Training, Cont. Educ., and Licensing	
Annual PTO	
Cell Stipend	
Total Aquatics Personnel:	
Aquatics Operating	
Operations & Maintenance Svc	
Disposal Fees	
Operating Supplies	
Equipment Maintenance	
Chemicals	
Machinery & Equipment	
Total Aquatics Operating:	
Capital Outlay Aquatics	
Equipment	
Building	
Other	
Total Aquatics Capital Outlay:	

1-14001	
1-14002	
1-14003	
1-14004	
1-14008	
1-14010	
1-14011	
1-14012	

1-31001	
1-31003	
1-31005	
1-31009	
1-31011	
1-31012	

1-31101	
1-31102	
1-31103	

 TOTAL AQUATICS DIVISION	

35,000	-	-	-
-	-	-	-
-	-	-	-

626,072	604,077	617,366	630,949	

35,000	-	-	-

Forecast	
FY 2024	FY 2025	FY 2026	FY 2027	

STORM WATER MANAGEMENT DIVISION	
Personnel	
Regular Salaries	
Overtime	
FICA	
Retirement Contributions	
Uniforms	
Training, Cont. Educ., and Licensing	
Annual PTO	
Cell Stipend	
Total Storm Water Personnel:	
Storm Water Operating	
Operations & Maintenance Svc	
Laboratory Services	
Disposal Fees	
Operating Supplies	
Landscape Materials	
Vehicle Maintenance	
Equipment Maintenance	
Chemicals	
Electricity Services	
Total Storm Water Operating:	
Capital Outlay Storm Water	
Equipment	
Building	
Other - GIS Mapping	
Total Storm Water Capital Outlay:	

1-16001	
1-16002	
1-16003	
1-16004	
1-16008	
1-16010	
1-16011	
1-16012	

1-34001	
1-34002	
1-34004	
1-34005	
1-34007	
1-34008	
1-34009	
1-34011	
1-34014	

1-34101	
1-34102	
1-34103	

EXOTIC PLANT REMOVAL DIVISION	
Personnel	
Regular Salaries	
Overtime	
FICA	
Retirement Contributions	
Uniforms	
Training, Cont. Educ., and Licensing	
Annual PTO	
Cell Stipend	
Total Exotic Plant Personnel:	
Exotic Plant Operating	
Operations & Maintenance Svc	
Disposal Fees	

1-17001	
1-17002	
1-17003	
1-17004	
1-17008	
1-17010	
1-17011	
1-17012	

1-35001	
1-35003	

377,788	386,099	394,593	403,274	
19,166	19,588	20,019	20,459	
30,964	31,646	32,342	33,053	
35,726	36,512	37,315	38,136	
4,261	4,355	4,451	4,549	
5,161	5,275	5,391	5,510	
7,006	7,160	7,318	7,479	
802	820	838	856	
480,874	491,455	502,267	513,316	

81,135	
4,400	
1,904	
22,594	
25,000	
7,183	
32,960	
3,666	
         10,047 	
         188,889 	

82,920	
4,497	
1,946	
23,091	
25,000	
7,341	
33,685	
3,747	
        10,549 	
       192,776 	

84,744	
4,596	
1,989	
23,599	
25,000	
7,503	
34,426	
3,829	
       11,076 	
       196,762 	

86,608	
4,697	
2,033	
24,118	
25,000	
7,668	
35,183	
3,913	
        11,630 	
       200,850 	

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

256,304	261,943	267,706	273,596	
11,824	12,084	12,350	12,622	
20,801	21,259	21,727	22,205	
24,132	24,662	25,205	25,760	
3,641	3,721	3,803	3,887	
2,499	2,554	2,610	2,667	
3,249	3,320	3,393	3,468	
536	548	560	572	
322,986	330,091	337,354	344,777	

29,664	
6,008	

30,317	
6,140	

30,984	
6,275	

31,666	
6,413	

 TOTAL STORM WATER MANAGEMENT DIVIS	669,763	684,231	699,029	714,166

 	

1-35004	
1-35006	
1-35008	
1-35010	

1-35101	
1-35102	
1-35103	

Operating Supplies	
Vehicle Maintenance	
Chemicals	
Maintenance Contracts	
Total Exotic Plant Operating:	
Capital Outlay Exotic Plant	
Equipment	
Building	
Other	
Total Exotic Plant Capital Outlay:	

40,000	-	-	-	
-	-	-	-	
-	-	-	-	
40,000	-	-	-	

62,446	63,820	65,224	66,659	
6,185	6,321	6,460	6,602	
5,250	5,366	5,484	5,604	
6,177	6,313	6,452	6,593	
688	703	718	734	
3,088	3,156	3,225	3,296	
548	560	572	585	
286	292	298	305	
84,668	86,531	88,433	90,378	

 TOTAL EXOTIC PLANT REMOVAL DIVISION 	432,421	401,054	409,879	418,899

 	

SHOP OPERATIONS DIVISION	
Personnel	
Regular Salaries	
Overtime	
FICA	
Retirement Contributions	
Uniforms	
Training, Cont. Educ., and Licensing	
Annual PTO	
Cell Stipend	
Total Shop Personnel:	
Shop Operating	
Operations & Maintenance Svc	
Disposal Fees	
Operating Supplies	
Machinery & Equipment	
Total Shop Operating:	
Capital Outlay Shop	
Equipment	
Building	
Other	
Total Shop Capital Outlay:	

1-18001	
1-18002	
1-18003	
1-18004	
1-18013	
1-18015	
1-18016	
1-18017	

1-36001	
1-36002	
1-36003	
1-36006	

1-36101	
1-36102	
1-36103	

-	20,000	-	-	
-	-	-	-	
-	-	-	-	
-	20,000	-	-	

 SHOP OPERATIONS DIVISION	

Total Operating Expenses

116,949	139,522	122,151	124,838

3,462,127	3,497,942	3,595,832	3,718,489

Forecast	
FY 2024	FY 2025	FY 2026	FY 2027	
16,480	16,843	17,214	17,593	
7,687	7,856	8,029	8,206	
9,596	9,807	10,023	10,244	
	- 		- 		- 		- 	
	69,435 		70,963 		72,525 		74,122 	

11,242	
1,988	
6,931	
          12,120 	
          32,281 	

11,489	
2,032	
7,083	
        12,387 	
        32,991 	

11,742	
2,077	
7,239	
       12,660 	
       33,718 	

12,000	
2,123	
7,398	
        12,939 	
        34,460 	

   

NON-OPERATING INCOME AND EXPENSES	
Other Expense	

DEBT SERVICE EXPENSES

1-04013	
1-04013	

 	
Principal 2014 Bond Issue - sent to Trustee	
Interest 2014 Bond issue - sent to Trustee	
TOTAL DEBT SERVICE:	

 	

Forecast	
FY 2024	FY 2025	FY 2026	FY 2027	
315,000	325,000	335,000	350,000	
	73,270 		63,259 		53,132 		42,620 	
	388,270 		388,259 		388,132 		392,620 	

(347,148)	(124,434)	32,484	113,838	
$	1,242,698	$	1,118,264	$	1,150,748	$	1,264,586	

CAPITAL IMPROVEMENT 
Capital Improvement Program R&R	69,669	83,044	96,419	107,119	
Add R&R Funding / Grant Revenue	170,000	170,000	170,000	170,000	
Add SWD funds from City for DS commitment	11,730	11,741	11,868	7,380	
Land Sale Transfer to R&R Funding	-	-	-		-		
TOTAL OTHER CAPITAL EXPENSES R&R FUND:	251,399		264,785		278,287		284,499	
								
Total Expenses	$	4,101,796		$	4,150,986		$	4,262,251		$	4,395,608	
								
Total Revenues	$	3,754,648		$	4,026,552		$	4,294,735		$	4,509,446	

Surplus/(Deficit)								

Available Operating Cash Balance (Ending)

GENERAL FUND RENEWAL & REPLACEMENT FUND FY 2023 BUDGET

Actual FY
2021	
FY 2022	
FY 2023	
FY 2024	
FY 2025	
FY 2026	
FY 2027	

349,205	

338,443	

238,430	

223,987	

218,007	

224,126	

242,454	
	
-	
-	
-	
-	
-	
-	
53,619	56,829	64,319	69,669	83,044	96,419	107,119	
120,000	140,000	170,000	170,000	170,000	170,000	170,000	
8,862	7,983	7,337	11,730	11,741	11,868	7,380	

531,686	
543,255	
480,086	
475,386	
482,792	
502,413	
526,953	

192,528	
304,825	
256,099	
257,379	
258,666	
259,959	
261,259	
	-	-	-	-	-	-	
715	-	-	-	-	-	-	

193,243	
304,825	
256,099	
257,379	
258,666	
259,959	
261,259	
338,443	238,430	223,987	218,007	224,126	242,454	265,694	

Estimated Beginning Fund Balance

ADD REVENUES:

Grant Revenue Interest Revenues
5% Recommended Annual Transfer + Additional Annual Transfer Additional funds from General Surplus Funds
Excess Storm Water Fees - Bonds

TOTAL REVENUES AND FUNDS AVAILABLE

DEDUCT  EXPENDITURES:
WM001	 1-46001	Stormwater Emergency Renewal and Replacement WM017	1-46007	Street to Pond Repairs (POA)
WM025	1-46015	CCE Stormwater Improvement Projects

TOTAL EXPENDITURES

FUND BALANCE, SEPTEMBER 30

REVENUE SOURCES

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

General Fund Revenues

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

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

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

Storm Water Drainage Fees
Revenue received from the City of Port St. Lucie for the assessment placed on property owners for the maintenance of the Storm Water Drainage system. Presently the District receives 75% of the total amount assessed on property owners of the District. District will receive additional funding from any increase that the City levies for additional funding. Currently at $163.00 per ERU.

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

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

Special Assessments
Non-advalorem tax revenue received from the property owners of the District for the maintenance and operational costs of the District. The special assessment fee proposed rate is $126.00 per ERU.

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

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

OPERATING EXPENSE’S

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

Board of Directors

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

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

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

District Manager

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

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

Management Contract
Charges directly relating to the District Manager’s service contract. The charge for FY 2023 is based on the Contract for the District Manager which is shared between the Water & Sewer Fund 50% and the General Fund 50%.

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

Finance

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

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

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

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

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

Property & Casualty Insurance
This expense includes the annual insurance premium that provides protection for the Districts general liability, auto and property coverage. A minor increase is assumed for the FY2023 Budget year. Coverage is from October 1 through September 30 each year.

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

Grant Management

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

Clerk to the Board

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

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

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

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

General Counsel

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

Special Counsel

Legal Services
Legal fees associated with any labor matters the District may have. For the FY2023 budget this line item particularly refers to legal matters regarding labor issues.

Engineering Services

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

Pollution Control

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

GENERAL FUND ADMINISTRATION DIVISION

Personnel Expenses

Regular Salaries
Includes Administration Division employee’s basic salaries. The total budget is estimated using a tabulation of all approved positions, applying the appropriate increases and allowing a factor for unfilled vacancies. There are new positions for the FY2023 as well as positions that have been discontinued.. This year we are proposing to give a 7.5% increase to all employees based on the Bureau of Labor Statics CPI. This also reflects for license or certifications increases.

Overtime
This line includes overtime expenses.

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

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

Health, Life and Dental Insurance
This includes health, life and dental insurance benefits provided to all employees of the District.

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

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

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

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

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

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

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

Administration (Operating)

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

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

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

Telephone & Cell Services
These charges include the landline telephone service that is used in the District office as well as cellular phone services. District Staff will continue to look at alternatives in the 2023 budget year to reduce costs of communications.

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

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

Equipment Leasing
The District has one copier that is leased.

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

Contingencies  Hurricane
This account is allocated to fund any extraordinary expenses the District incurs relating to hurricane preparation and/or damages to District property for budget year 2023.

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

Fuel & Lubricants-Vehicles
Fuel purchased for all vehicles used in the General Fund. The FY2023 shows an increase of 20%.

Dennis Pickle
2022-04-12 20:13:00
--------------------------------------------
You wil need to insert comments in all these sections if there are any purchases proposed

Bill Hayden
2022-04-13 13:11:00
--------------------------------------------
CIP is up to date all Depts General Fund

Operating Supplies and Expenses
Supplies bought for products used by district employees such as soap, air fresheners, towels, etc. This would include any item not provided for by the Administrative Maintenance service provider.

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

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

Fuel & Lubricants-Equipment
Fuel purchased for all equipment used in the General Fund. Such equipment includes tractors, mowers, boats, and pumps. The FY-2023 Budget assumes a 20% increase.

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

General Fund Administration Division – Capital Outlay

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

Building
This code is for buildings or land purchases over $1,000. No expenditures planned for this fiscal year.

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

Aquatics Personnel

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

The above categories are the same as described in the Administration Budget

Aquatics Division (Operating)

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

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

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

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

Chemicals
This includes all chemicals used for aquatic weed control herbicides, algaecides, Sonar.

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

General Fund Aquatics Division – Capital Outlay

Equipment; Building; Other
One item for the year will be a replacement of the District Spray boat. 16 foot Carolina Skiff and trailer for the amount of $15,000 in FY2023. No other expenditures planned for this fiscal year.

STORM WATER MAINTENANCE DIVISION

Storm Water Maintenance Personnel

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

Storm Water Maintenance Division (Operating)

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

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

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

Landscape Materials
This line item includes plant material for stormwater banks and preserves and improved landscaped areas owned by the District.

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

General Fund Storm Water Division – Capital Outlay

Equipment; Building; Other
The replacement of a zero turn mower for $14,000 and a replacement of a Woods 17 foot pull behind finish mower for $24,000 for 2023 No other expenditures planned for this fiscal year.

EXOTIC PLANT REMOVAL DIVISION

Exotic Plant Removal Personnel

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

The above categories are the same as described in the Administration Budget
Exotic Plant Removal Division (Operating)

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

Maintenance Contract
The Line item is for the contracting of an outside contractor or Department of Corrections to support District staff in the removal of exotic plant material from District owned Wetlands & Buffers. Will enhance the frequency of maintenance to the Wetlands Buffers REMOVE

General Fund Exotic Plant Removal Division – Capital Outlay

Equipment; Building; Other
The single piece of equipment required for replacement for the EPR Division will be a Kawasaki Mule in FY2023 and no other expenditures planned for this fiscal year.

SHOP OPERATION DIVISION

Shop Operational Personnel

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

Shop Operations Division (Operating)

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

General Fund Shop Operations Division – Capital Outlay

Equipment; Building; Other
The Shop division will require a new Tire Balancing machine at the cost of $10,000 which will be a 50/50 split with utilities. No other expenditures planned for this fiscal year.

General Fund Renewal & Replacement Fund
The line item is for Storm Water Renewal and Replacement Fund recommending 5% of the Maintenance Special Assessments Revenue for emergency repairs related to the storm water infrastructure and planned Capital Improvement Projects which were not captured in the Water Management Bond.

Emergency Stormwater Repairs:  $ 254,825

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 2022 with a deficit due in part to the elevated costs with inflation and increased costs due to availability. The Proposed Budget for FY 2023 reflects a 5.0% Rate Increase. The Proposed Budget for FY 2023 anticipates a deficit due to several major projects.

Assumptions Used in Preparing the Budget

Inflation – The following inflationary rates are utilized; for the regular salaries line item the rate increased to 7.5% for FY 2023 and was based upon the change in the U.S. Bureau of Labor Statistics Consumer Price Index - All Urban Customers, U.S. City Average, Services, for most other line items, where applicable, a general inflationary rate of 2% is utilized. There are some exceptions such as health insurance 10% this year, and liability insurance 9.45% this year for which national projections call for continuing increases. Energy costs are expected to grow at an inflation rate of 15.0% as well.

Rate Adjustment – There is a 5.0 % rate increase planned for FY 2023 in this budget based on the current factors. The Rate Stabilization Fund balance is expected to exceed $646,405 for FY2023.

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 $12,000 and is designed to encourage water conservation.

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

Capital Improvement Program

The capital improvement program has several items for your review, a total cost in FY 2023 of
$1,358,062. In a continuation of a change started in FY 2006, we are proposing to continue to pay for the capital items directly rather than financing the purchase over several years. The typical interest rates charged for lease financing are significant, and therefore the District can save a significant amount by purchasing these items rather than leasing them. The Renewal and Replacement Fund Budget is $1,116,633; the Water Connection Fee Budget is $700,000; the Wastewater Connection Fee Budget is $0 and the Capital Outlay Budget is $137,500 for FY 2023.

Major capital projects contained in the capital budget for FY 2023 include the continuation of the Lift Station Renewal and Replacement project at $215,833, Emergency Renewal and Replacement Projects at $224,400, The Water Connection Fee Fund has one project planned for FY2023 the water treatment plant clear well/transfer pumps expansion project estimated at $700,000. The Capital Outlay Budget for the Utility Fund is proposing the replacement of vehicles and equipment all totaling for $137,500.

AFPI Revenue
$85,000.00 0.86%

Other Operating Revenue
$82,411.00 0.83%

Wholesale Water & Wastewater $680,278.00 6.89%

Billed Water Revenues
$3,335,753.00 33.80%

Billed Irrigation Revenue
$1,848,405.00 18.73%

Billed Wastewater Revenues $3,838,595.00 38.89%

TOTAL REVENUES	$	9,870,442

PERCENT	
  REVENUES		

	TOTALS	

Billed Water Revenues	
Billed Wastewater Revenues	
Billed Irrigation Revenue	
Wholesale Water & Wastewater	
AFPI Revenue	
Other Operating Revenue	

$ 3,335,753.00	
$ 3,838,595.00	
$ 1,848,405.00	
$	680,278.00	
$	85,000.00	
 $	82,411.00 	

33.795%	
38.890%	
18.727%	
6.892%	
0.861%	
      0.835%	

TOTAL REVENUE	$	9,870,442	100.00%	

W&S PRIOR YEARS FUND BALANCE	
$	5,363,233		

Rate Stabilization Fund Transfer
0.00%

Board of Supervisors 0.14%

District Manager 0.26%

Property Control 0.30%

Clerk to the Board 0.18%

R & R Transfers 6.78%

Utility Rate
Finance	Consultant

3.66%

0.22%

Legal Services 0.47%

Rate Stabilization Fund 0.90%

	Engineering Services
0.92%

Shop Division
Irrigation Division 3.63%

2%

Administration Division 17.64%

Water Treatment Plant Division 12.92%

Underground Utilities Division 15.11%

Wastewater Treatment Plant Division
9.96%

TOTAL EXPENDITURES	$	10,051,090

PERSONNEL	
OPERATING	CAPITAL 
OUTLAY 		
TOTALS		

PERCENT	
 EXPENDITURES	

Board of Supervisors	12,918	1,257		$	14,175	
District Manager	24,420	1,595		$	26,015	
Finance		368,046		$	368,046	
Property Control		30,287		$	30,287	
Utility Rate Consultant		22,024		$	22,024	
Clerk to the Board		18,555		$	18,555	
Legal Services		47,405		$	47,405	
Engineering Services		92,888		$	92,888	
Administration Division	1,235,171	538,153	-	$	1,773,324	
Water Treatment Plant Division	455,346	843,594	-	$	1,298,940	
Wastewater Treatment Plant Division	455,269	546,097	-	$	1,001,366	
Underground Utilities Division	814,431	586,345	117,500	$	1,518,276	
Irrigation Division	65,097	299,391	-	$	364,488	
Shop Division	163,038	28,850	20,000	$	211,888	
Debt Service Payments				2,582,146	
Rate Stabilization Fund Transfer				-	
R & R Transfers				                            681,267 	

0.141%	
0.259%	
3.662%	
0.301%	
0.219%	
0.185%	
0.472%	
0.924%	
17.643%	
12.923%	
9.963%	
15.106%	
3.626%	
2.108%	
25.690%	
0.000%	
      6.778%	

TOTAL EXPENDITURES	$ 3,225,690	$ 3,424,487	$ 137,500	$	10,051,090	

100.00%

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

	FY 2021	
	ACTUAL	

	FY 2022	 	FY 2023	

	FY 2022		
ORIGINAL BUDGET	

	ESTIMATE	  PROPOSED 

ADD REVENUES:	
Billed Water Revenues	
Billed Wastewater Revenues	
Billed Irrigation Revenue	
Wholesale Water & Wastewater	
AFPI Revenue	
Other Operating Revenue	

 	
3,241,982	
3,746,822	
1,804,038	
650,540	
35,032	
      90,034 	

	
3,230,241	
3,715,805	
1,803,243	
647,883	
95,000	
        82,411 	

	
3,230,241	
3,715,805	
1,803,243	
647,883	
95,000	
      82,792 	

	
3,335,753	
3,838,595	
1,848,405	
680,278	
85,000	
     82,411 	

TOTAL OPERATING REVENUES	9,568,448	9,574,583	9,574,964	9,870,442

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

-	-	-	-

TOTAL NON-OPERATING REVENUES	-	-	-	-

FUND BALANCE, October 1	5,008,720	5,858,190	5,858,190	5,363,233

TOTAL REVENUES AND FUNDS AVAILABLE	14,577,168	15,432,773	15,433,154	15,233,675

DEDUCT EXPENDITURES:	
Board of Supervisors	
District Manager	
Finance	
Property Control	
Utility Rate Consultant	
Clerk to the Board	
Legal Services	
Engineering Services	
Administration Division	
Water Treatment Plant Division	
Wastewater Treatment Plant Division	
Underground Utilities Division	
Irrigation Division	
Shop Division	
Debt Service Payments	
Rate Stabilization Fund Transfer Out	
Capital improvement Projects	
Renewal & Replacement Transfers	

14,022	
45,393	
253,230	
10,570	
16,437	
13,239	
9,988	
18,747	
1,357,382	
1,062,751	
805,464	
1,151,744	
275,207	
145,707	
2,597,445	
-	
-	
      941,653 	

14,148	
79,084	
315,639	
28,173	
16,487	
17,260	
44,709	
86,407	
1,676,666	
1,225,330	
997,250	
1,451,493	
373,816	
178,479	
2,588,049	
-	
-	
       891,389 	

14,148	
59,084	
315,639	
28,173	
20,487	
17,260	
44,709	
86,407	
1,694,871	
1,236,330	
1,003,250	
1,473,136	
355,575	
180,414	
2,588,049	
61,000	
-	
     891,389 	

14,175	
26,015	
368,046	
30,287	
22,024	
18,555	
47,405	
92,888	
1,773,324	
1,298,940	
1,001,366	
1,518,276	
364,488	
211,888	
2,582,146	
-	
-	
    681,267 	

TOTAL EXPENDITURES	8,718,979	9,984,379	10,069,921	10,051,090

FUND BALANCE, SEPTEMBER 30		5,858,189  	5,448,394  	5,363,233  	5,182,585 

Actual	
FY 2021	

Water & Sewer Fund Balance (Beginning)	5,008,720	
Rate Stabilization Fund Balance (Beginning)	585,405
OPERATING REVENUE	
Grants	-	
Billed Water Revenue Consumption	3,241,982.45	
Billed Wastewater Revenue Consumption	3,746,822.41	
Billed Irrigation Revenue Consumption	1,804,038.26	
Late Fees	45,458.90	
Miscellaneous Fees	22,221.67	
Wholesale Water Revenue	346,513.48	
Meter Set Fees	1,250.00	
Wholesale Wastewater Revenue	304,026.78	
Interest (Operating)	303.71
Rate Stabilization Fund	
Backflow Prevention Program	11,630.85	
Tanker Truck Water Service	9,168.75	
Water Impact (AFPI)	12,832.09	
Wastewater Impact (AFPI)	22,200.00	
Total Revenues	$	9,568,449	

Actual YTD		
Estimate EOY		
Orig. Budget	
FY 2022		FY 2022		FY 2022	

5,858,190		
5,858,190		
5,858,190	
				585,405	
-		-		-	
1,374,050		3,297,720		3,230,241	
1,581,569		3,795,766		3,715,805	
751,308		1,803,139		1,803,243	
36,486		38,000		38,000	
7,250		7,250		5,000	
206,893		413,786		331,551	
150		150		4,040	
165,867		331,734		316,332	
143		343		5,571	
		-		-	
23,100		23,100		25,000	
6,570		6,570		4,800	
4,779		4,779		50,000	
	4,138 			4,138 			45,000 	
 $	4,162,303 		 $	9,726,475 		 $	9,574,583 	

6,000		
12,000		
12,000	
459		918		918	
	383 			766 			1,230 	
	315 			13,684 			14,148 	

33,700		
57,600		
77,600	
	255 			510 			1,484 	
	33,955 			58,110 			79,084 	

-		
-		
4,045	
500		1,000		2,400	
21,656		43,312		49,920	
16,180		32,360		16,423	
17,198		34,396		21,638	
190,218		190,218		199,313	
	169 			338 			21,900 	
	245,921 			301,624 			315,639 	

1,589		
3,178		
2,008	

5,858,190	
585,405	

5-04006	
5-04007	
5-04009	
5-04010	
5-04012	
5-04014	
5-04018	
5-04021	
5-04022	
5-04047	
5-04046	
5-04033	
5-04035	

 	
Final Amended Budget	
FY 2022	

24,420	
1,595	
	26,015 	

Budget	
FY 2023	

5,363,233	
646,405	
-	
3,335,753	
3,838,595	
1,848,405	
38,000	
5,000	
348,129	
4,040	
332,149	
5,571	
-	
25,000	
4,800	
45,000	
40,000	
 $	9,870,442 	
12,000	
918	
1,257	
	14,175 	

-	
3,230,241	
3,715,805	
1,803,243	
38,000	
5,381	
331,551	
4,040	
316,332	
5,571	
-	
25,000	
4,800	
50,000	
       45,000 	
 $	9,574,964 	

12,000	
918	
        1,230 	
       14,148 	

OPERATING EXPENSES		
 Board of Supervisors		
Executive Salaries	11,900	
FICA	910	
Board Meeting Expenses	1,211	
TOTAL BOARD OF SUPERVISORS	14,022	

5-05001	
5-05002	
5-05004	

5-06002	
5-06003	

District Manager		
Management Contract	44,661	
Travel & Per Diem	732	
TOTAL DISTRICT MANAGER	45,393	

57,600
	1,484 
	59,084 

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

Finance		
Dissemination Agent	-	
Arbitrage	-	
Accounting Services	42,667	
Auditing	13,875	
Banking Services	22,485	
Property & Casualty Insurance	169,882	
Bad Debt	4,320	
TOTAL FINANCE	253,230	

4,045	
2,400	
49,920	
16,423	
21,638	
199,313	
       21,900 	
      315,639 	

4,348	
2,400	
51,018	
17,655	
23,261	
246,764	
22,600	
	368,046 	

2,159

Property Control		
Building & Land Rental	1,561	

5-09001	2,008

221,191
5,086
11,220

Actual	
FY 2021	

 	

Actual YTD		
Estimate EOY		
Orig. Budget	
FY 2022		FY 2022		FY 2022	

	
Final Amended Budget	
FY 2022	

	

Budget	
FY 2023	

5-09003	
5-09004	

Computer Software/Licensing	6,928	
Computer Hardware/Supplies	2,082	
TOTAL PROPERTY CONTROL	10,570	

10,373	
17,755	
	30,287 	

5-13002	
5-13004	
5-13005	
5-13006	

Clerk to the Board		
Other Contractual Services	10,689	
Postage & Freight	1,352	
Printing & Binding	1,197	
Legal Ads	-	
TOTAL CLERK TO THE BOARD	13,239	

	

	

	

	

12,152	
1,734	
2,647	
2,022	
	18,555 	

5-19001	
5-23001	

Legal Services		
General Counsel	9,067	
Special Counsel	921	
TOTAL LEGAL COUNSEL	9,988	

38,638	
8,767	
	47,405 	

22,024	
	22,024 	

4,060	8,120	9,649	9,649	
	820 	1,640	16,516	16,516	
	6,469 

	775 
	775 

5,414
826
774
	1,731 
	8,745 

3,463
	- 
	3,463 

	44,607 
	44,607 

190,805
3,316
14,554
17,159
251,266
31,632
- 2,018
1,384
2,400
-
	630 
	515,164 

90,602
1,895
3,922	12,938

1,550
1,550

10,828
1,652
1,548
	3,462 
	17,490 

6,926
	- 
	6,926 

	89,214 
	89,214 

381,610
6,632
29,108
34,318
502,532
63,264
- 4,036
2,768
4,800
- 1,260
1,030,328

181,204
3,790
7,844	28,173	28,173

16,487	20,487
16,487	20,487

11,304	11,304
1,613	1,613
2,462	2,462
	1,881 		1,881 
	17,260 		17,260 

35,942	35,942
	8,767 		8,767 
	44,709 		44,709 

	86,407 		86,407 
	86,407 		86,407 

375,537	375,537
5,147	5,147
36,747	36,747
41,246	41,246
578,494	578,494
35,717	40,817
2,277	2,277
3,782	3,782
6,954	6,954
11,236	11,236
9,357	9,357
1,482	1,482
1,107,976	1,113,076

205,759	205,759
4,731	4,731
10,437	10,437	

Utility Rate Consultant		
Other Contractual Services	16,437	
TOTAL RATE CONSULTANT	16,437	

5-11001

	1,235,171 

433,702
5,533
37,285
41,729
636,343
42,858
2,448
4,066
7,476
12,079
10,059
1,593

Engineering Services		
Engineering Services	18,747	
TOTAL ENGINEERING	18,747	

92,888	
	92,888 	

ADMINISTRATION DIVISION		
Personnel		
Regular Salaries	273,213	
Overtime	3,524	
FICA	27,967	
Retirement Contributions	32,594	
Health/Life/Dental Insurance	554,484	
Workers Comp	32,854	
Unemployment Compensation	-	
Uniforms	2,096	
Training & Education Costs	2,186	
Vehicle Allowance	4,457	
Annual PTO	3,044	
Cell Stipend			779 	
Total Administration Personnel: 		937,198 	
ADMIN Operating		
Other Contractual Services	128,810	
Website Maintenance	4,539	
Operating Supplies	9,389	

5-14001	
5-14003	
5-14004	
5-14005	
5-14006	
5-14007	
5-14008	
5-14010	
5-14012	
5-14013	
5-14014	
5-14015	

5-29001	
5-29002	
5-29003	

5-26002

	670,421 

142,886
20,834
12,160
14,637
1,087
552
-
	615 
	192,771 

	TOTAL ADMINISTRATION		1,357,382 	
WATER TREATMENT PLANT DIVISION	
Personnel		
Regular Salaries	272,228	
Overtime	23,734	
FICA	22,303	
Retirement Contributions	25,800	
Uniforms	1,383	
Training & Education Costs	1,106	
Annual PTO	-	
Cell Stipend		651 	
Total WTP Personnel:		347,206 	
WTP Operating		
Other Contractual Services	51,198	
Operations & Maintenance Services	8	
Laboratory Services	22,047	
Operating Supplies	3,062	
Electricity Services	184,163	
Plant Maintenance	68,938	
Chemicals	352,902	
Water Conservation Grant Program	12,382	
Backflow Prevention Program		20,845 	
Total WTP Operating:		715,545 	

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

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

285,772	308,623	308,623	331,770	
41,668	44,344	44,344	47,670	
24,320	27,374	27,374	29,427	
29,274	31,767	31,767	34,150	
2,174	2,040	2,040	2,193	
1,104	3,569	4,569	4,912	
-	3,538	3,538	3,803	
1,230	1,322	1,322	1,421	
385,542	422,577	423,577		455,346 	

67,162	
1,982	
28,720	
6,559	
208,796	
81,478	
341,056	
12,000	
       25,000 	
      772,753 	

72,199	
2,131	
30,874	
7,051	
240,115	
87,589	
366,635	
12,000	
25,000	
	843,594 	

24,342	48,684	67,162	
348	696	1,982	
9,338	18,676	28,720	
1,491	2,982	6,559	
86,667	173,334	208,796	
19,377	38,754	81,478	
185,172	370,344	331,056	
7,215	-	12,000	
	23,250 		- 		25,000 	
	357,200 		653,470 		762,753 	

Actual	
FY 2021	

 	

Actual YTD		
Estimate EOY		
Orig. Budget	
FY 2022		FY 2022		FY 2022	

	
Final Amended Budget	
FY 2022	

	

Budget	
FY 2023	

5-29004	
5-29005	
5-29006	
5-29007	
5-29008	
5-29011	
5-29012	
5-29013	
5-29014	
5-29015	
5-29016	
5-29017	
5-29018	

5-29101	
5-29102	
5-29103	

Storm Water Fees	42,355	8,731	
Telephone & Cell Service	7,698	6,587	
Postage & Freight	25,405	11,618	
Equipment Leasing	2,355	2,618	
Administrative Maintenance	2,594	698	
Contingencies - Hurricane	-	-	
Office Supplies	3,478	1,811	
Fuel & Lubricants - Vehicle	40,004	19,892	
Fuel & Lubricants - Equipment	8,194	4,841	
Minor Construction Expenses	1,212	380	
Project Maintenance Fees	6,685	-	
Contingency (1.5%)	-	-	
Electricity Services	4,165	1,662	
Total Administration Operating:	286,883	155,257	
Capital Outlay Administration		
Equipment	7,970	-	
Building	125,332	-	
Other	-	-	
Total Administration Capital Outlay:	133,301	-	

17,462	82,301	82,301	45,000	
13,174	12,291	12,291	13,213	
23,236	30,605	30,605	32,900	
-	2,780	2,780	2,989	
1,396	2,515	2,515	2,704	
-	-	-	-	
3,622	4,996	4,996	5,046	
39,784	52,183	62,633	67,017	
9,682	13,274	15,929	17,044	
760	1,549	1,549	1,665	
-	11,685	11,685	11,685	
-	88,410	88,410	95,443	
3,324	5,174	5,174	5,950	
305,278	528,690	541,795		538,153 	
		
-	-	-	-	
-	40,000	40,000	-	
-	-	-		- 	
-	40,000	40,000		- 	

	1,335,606 		1,676,666 		1,694,871 		1,773,324 

TOTAL WATER TREATMENT PLANT DIVISION

1,062,751

549,971

Total WWTP Operating: 	440,181 		214,564 

Capital Outlay WWTP
Equipment Building Other
Total WWTP Capital Outlay:
TOTAL WASTEWATER TREATMENT PLANT DIVISI

-
-
-

-
805,464

-
-
-
-
432,554

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

5-30101	
5-30102	
5-30103	

-		-	
-	40,000	40,000	
-	-	-	
-	40,000	40,000	

-	
-	
	- 	
	- 	

5-16001	
5-16002	
5-16003	
5-16004	
5-16008	
5-16010	
5-16011	
5-16012	

5-31001	
5-31002	
5-31003	
5-31004	
5-31005	
5-31006	
5-31008	
5-31010	

5-31101	
5-31102	
5-31103	

308,702	312,645	312,645	336,093	
60,590	40,649	40,649	43,698	
27,924	27,385	27,385	29,439	
32,788	31,796	31,796	34,181	
3,144	2,427	2,427	2,609	
1,992	2,920	3,920	4,214	
-	3,674	3,674	3,950	
840	1,009	1,009	1,085	
435,980	422,505	423,505		455,269 	
-		
34,200	27,799	30,799	33,109	
5,408	7,659	8,659	9,308	
16,108	24,679	24,679	26,530	
13,742	14,944	15,944	17,140	
72,090	93,253	93,253	100,247	
147,638	161,277	161,277	185,469	
53,442	50,615	50,615	54,411	
	86,500 		111,519 		111,519 	119,883	
	429,128 		491,745 		496,745 		546,097 	

-	83,000	83,000	
-	-	-	
-	-	-	
-	83,000	83,000	
	
	865,108 	997,250	1,003,250	

-	
-	
	- 	
	- 	
	1,001,366 	

WASTEWATER TREATMENT PLANT DIVISION
Personnel			-	-	
Regular Salaries	272,165	154,351		
Overtime	35,250	30,295		
FICA	24,011	13,962		
Retirement Contributions	28,416	16,394		
Uniforms	2,772	1,572		
Training & Education Costs	1,893	996		
Annual PTO	-	-		
Cell Stipend		776 		420 		
Total WWTP Personnel:		365,283 		217,990 		
WWTP Operating				
Other Contractual Services	29,391	17,100	
Operations & Maintenance Services	7,448	2,704	
Laboratory Services	20,942	8,054	
Operating Supplies	15,363	6,871	
Sludge Disposal	79,341	36,045	
Electricity Services	153,831	73,819	
Plant Maintenance	55,559	26,721	
Chemicals		78,305 		43,250 	

Actual	
FY 2021	

 	

Actual YTD		
Estimate EOY		
Orig. Budget	
FY 2022		FY 2022		FY 2022	

	
Final Amended Budget	
FY 2022	

	

Budget	
FY 2023	

	1,039,012 	1,225,330	1,236,330		1,298,940 

5-17001	
5-17002	
5-17003	
5-17004	

UNDERGROUND UTILITIES DIVISION		
Personnel		
Regular Salaries	441,922	
Overtime	52,669	
FICA	36,796	
Retirement Contributions	41,941	

231,418	462,836	503,166	
24,280	48,560	68,271	
18,824	37,648	44,297	
19,208	38,416	51,429	

505,474	603,385	
68,271	73,391	
44,474	52,400	
51,637	60,910	

5-17008	
5-17010	
5-17011	
5-17012	

5-32001	
5-32002	
5-32003	
5-32004	
5-32005	
5-32006	

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

Uniforms	5,055	2,220	
Training & Education Costs	2,860	2,588	
Annual PTO	-	-	
Cell Stipend		1,802 		975 	
Total UGU Personnel:		583,044 		299,513 	
UGU Operating		
Other Contractual Services	296,191	131,585	
Operations & Maintenance Services	73,276	49,281	
Operating Supplies	64,095	33,866	
Electricity Services	37,596	17,690	
Vehicle Maintenance	32,790	14,367	
Lift Station Maintenance		4,194 		9,563 	
Total UGU Operating:		508,142 		256,352 	
Capital Outlay UGU		
Equipment	60,444	27,713	
Building	114	20,000	
New Meters	-	1,050	
Other	-	-	
Total UGU Capital Outlay:	60,558	48,763	

4,440	6,223	6,223	6,690	
5,176	3,045	9,045	9,468	
-	5,288	5,288	5,685	
1,950	2,327	2,327	2,502	
599,026	684,046	692,739		814,431 	

324,248	
108,124	
80,995	
49,574	
30,831	
       22,625 	
      616,397 	

268,567	
116,233	
87,070	
57,010	
33,143	
24,322	
	586,345 	

130,000	130,000	130,000	
31,500	20,000	31,500	
2,100	1,050	2,500	
-	-	-	
163,600	151,050	164,000	

95,000	
20,000	
2,500	
-	
	117,500 	

263,170	324,248	
98,562	108,124	
67,732	80,995	
35,380	49,574	
28,734	30,831	
	19,126 		22,625 	
	512,704 		616,397 	

Actual	
FY 2021	

 	

Actual YTD		
Estimate EOY		
Orig. Budget	
FY 2022		FY 2022		FY 2022	

	
Final Amended Budget	
FY 2022	

	

Budget	
FY 2023	

	1,275,330 		1,451,493	1,473,136 		1,518,276 

40,120	45,548	45,548	48,964	
426	4,262	4,262	4,582	
2,770	3,892	3,892	4,184	
3,650	4,483	4,483	4,819	
902	584	584	628	
150	723	723	777	
-	803	803	863	
-	260	260	280	

48,018	60,555	60,555		65,097 	

7,766	15,532	29,301	
12,067	24,134	44,150	
	-	627	
350	700	6,693	
55,452	110,904	159,650	
11,274	22,548	32,004	
	- 		- 		10,836 	
	86,909 		173,818 		283,261 	

29,301	
44,150	
627	
6,693	
154,650	
32,004	
        1,836 	
      269,261 	

31,499	
47,461	
674	
7,195	
177,848	
32,740	
1,974	
	299,391 	

TOTAL UNDERGROUND UTILITIES DIVISION

1,151,744

604,628

20,060
213
1,385
1,825
451
75
-
	- 
	24,009 

25,759

IRRIGATION DIVISION		
Personnel		
Regular Salaries	40,107	
Overtime	15	
FICA	2,788	
Retirement Contributions	3,636	
Uniforms	467	
Training & Education Costs	427	
Annual PTO	-	
Cell Stipend			-		
Total IRR Personnel: 		47,440 	
IRR Operating		
Other Contractual Services	29,793	
Operations & Maintenance Services	32,477	
Laboratory Services	-	
Operating Supplies	4,579	
Electricity Services	131,157	
Maintenance - Irrigation	22,685	
Chemicals			7,078 	
Total IRR Operating: 		227,767 	
Capital Outlay IRR		
Equipment	-	

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

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

5-33101	

25,759	30,000	25,759		- 

Actual FY 2021

Actual YTD FY 2022

Estimate EOY FY 2022

Orig. Budget FY 2022

Final Amended Budget
FY 2022

Budget FY 2023

5-33102	Building	-
5-33103	Other	-
Total IRR Capital Outlay:	-

-
-
25,759

-	-	-

-
-

-	-	-
25,759	30,000	25,759	-

 		

 TOTAL IRRIGATION DIVISION	275,207 

	136,677 

	247,595 		373,816	355,575 	364,488

SHOP & MAINTENANCE OPERATIONS DIVISION
Personnel
5-40001	Regular Salaries	96,879
5-40002	Overtime	3,993
5-40003	FICA	7,560
5-40004	Retirement Contributions	9,261
5-40013	Uniforms	591
5-40015	Training, Cont. Educ., and Licensing	459
5-40016	Annual PTO	-
5-40017	Cell Stipend		167 
Total Shop & Maintenance Personnel: 	118,910  Shop & Maintenance Operating
5-41001	Operations & Maintenance Svc	5,970
5-41002	Disposal Fees	953
5-41003	Operating Supplies	5,969
5-41006	Machinery & Equipment		11,783 
Total Shop & Maintenance Operating: 	24,674  Capital Outlay Shop & Maintenance
5-41101	Equipment	2,123
5-41102	Building	-
5-41103	Other	-
Total Shop & Maintenance Capital Outlay:	2,123

51,347
2,217
3,921
4,781
636
1,308
-
	90 
	64,300 

6,341
454
1,875
	3,012 
	11,682 

14,935
-
-
14,935

102,694	106,535	106,535	126,525
4,434	6,761	6,761	7,268
7,842	8,822	8,822	10,402
9,562	10,197	10,197	12,041
1,272	1,217	1,217	1,308
2,616	2,087	3,087	3,319
-	1,614	1,614	1,735
	180 		409 		409 	440
	128,600 		137,642 		138,642 	163,038

12,682	8,697	9,697	10,424
908	#	1,706	1,706	1,834
3,750	-	5,574	5,574	5,992
	6,024  - 	9,860 		9,860 	10,600
	23,364 		25,837 		26,837 	28,850

10,000
10,000

14,935	15,000	14,935
-	-
-	-

14,935	15,000	14,935	20,000

TOTAL SHOP & MAINTENANCE OPERATIONS DIVISION	145,707	90,917 	166,899	178,479	180,414	211,888

Total Operating Expenses		5,179,881 			2,829,418 		5,431,086	6,504,941			6,529,483 		6,787,677	

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

5-27011	
DEBT SERVICE EXPENSES
Cost of Issuance	

-	

-	

-	
5-27013	Principal 2014 Bond Issue Refi of 2004	190,000	-	190,000	190,000	190,000	200,000	
5-27012	Interest 2014 Bond Issue Refi of 2004	356,235	-	349,965	349,965	349,965	343,695	
5-27008	Principal 2011 Bond Issue	1,165,000	-	1,200,000	1,200,000	1,200,000	1,235,000	

Actual FY 2021

Actual YTD FY 2022

Estimate EOY FY 2022

Orig. Budget FY 2022

Final Amended Budget
FY 2022

Budget FY 2023

5-27007	Interest 2011 Bond issue	512,945	-	472,636	472,636	472,636	431,116	
5-27010	Principal 2013 Bond Issue	265,000	-	275,000	275,000	275,000	280,000	
5-27009	Interest 2013 Bond issue		108,265 		- 		100,448 		100,448 		100,448 	92,335	
TOTAL DEBT SERVICE: 	2,597,445 		- 		2,588,049 		2,588,049 		2,588,049 	2,582,146	

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

	- 		- 		61,000 

	- 
	- 

-

	- 		- 		61,000 	-

CAPITAL IMPROVEMENT & TRANSFERS
Capital Improvement Program - WWTP Expansi	
-	
-	
-	
-	
5-28127	Required R&R Transfer to Capital (5%)	481,653	371,412	491,389	491,389	491,389	481,267	
	Additional R&R Transfer for CIP's	460,000	-	400,000	400,000	400,000	200,000	
Cash Carry Forward for R&R CIP		-			- 		- 		-	-		-	
TOTAL CI & TRANSFERS	EXPENSES: 	941,653 		371,412 		891,389 		891,389	891,389 	
681,267	
Total Expenses	$	8,718,979	$	3,200,830	$	8,910,524	$	9,984,379		
 $	10,069,921 	$ 10,051,090	

Total Revenues	$	9,568,449	$	4,162,303	$	9,726,475	$	9,574,583		 $	9,574,964 	$	9,870,442	

Surplus/(Deficit) Before Transfer from								
(to) Operating Reserve	849,470	961,473	815,951	(409,796)		(494,957)	(180,648)	

Available Operating Cash Balance (Ending)	$	5,858,190	$	6,819,663	$	6,674,141	$	5,448,394		 $	5,363,233 	$	5,182,585	

*Coverage Provided (Required > 1.10)	
1.75			
1.29		

1.26	
1.21	
**Coverage w/R&R deducted (Required > 1.00	1.49			1.11		1.09	1.05	
Index Rate Increase (included in revenues)		0.00%		0.00%		0.00%		0.00%			0.00%	5.00%	
Total Effective Rate Increase		0.00%		0.00%		0.00%		0.00%			0.00%	5.00%	

5-04006	
5-04007	
5-04009	
5-04010	
5-04012	
5-04014	
5-04018	
5-04021	
5-04022	
5-04047	
5-04046	
5-04033	
5-04035	

 	
Water & Sewer Fund Balance (Beginning)	
Rate Stabilization Fund Balance (Beginning)	
OPERATING REVENUE	
Grants	
Billed Water Revenue Consumption	
Billed Wastewater Revenue Consumption	
Billed Irrigation Revenue Consumption	
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)	
 Wastewater Impact (AFPI)		
	Total Revenues		

OPERATING EXPENSES	
 Board of Supervisors	
Executive Salaries	
FICA	
 Board Meeting Expenses		
	TOTAL BOARD OF SUPERVISORS		

5-05001	
5-05002	
5-05004	

5-06002	
5-06003	

District Manager	
Management Contract	
 Travel & Per Diem		
	TOTAL DISTRICT MANAGER		

Forecast	
FY 2024		FY 2025		FY 2026		FY 2027	

5,182,585		
5,010,208		
4,987,840		
4,949,953	
646,405		646,405		646,405		646,405	
-		-		-		-	
3,419,147	2.5%	3,504,626	2.5%	3,592,242	2.5%	3,682,048	
3,934,560		4,032,924		4,133,747		4,237,091	
1,894,615		1,941,980		1,990,530		2,040,293	
38,000		38,000		38,000		38,000	
5,000		5,000		5,000		5,000	
356,832		365,753		374,897		384,269	
4,040		4,040		4,040		4,040	
340,453		348,964		357,688		366,630	
5,571		5,571		5,571		5,571	
-		-		-		-	
25,000		25,000		25,000		25,000	
4,800		4,800		4,800		4,800	
1,359		1,359		1,359		1,359	
	1,125 			1,125 			1,125 			1,125 	
 $	10,030,502 		 $	10,279,142 		 $	10,533,999 		 $	10,795,226 	

12,000		
12,000		
12,000		
12,000	
918		918		918		918	
1,285		1,313		1,342		1,372	
14,203		14,231		14,260		14,290	

25,506	26,067	26,640	
        1,666 			1,703 			1,740 	
       27,172 			27,770 			28,380 	

24,957
	1,630 
	26,587 

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

Finance	
Dissemination Agent	
Arbitrage	
Accounting Services	
Auditing	
Banking Services	
Property & Casualty Insurance	
 Bad Debt		
	TOTAL FINANCE		

4,444	
2,400	
52,140	
18,043	
23,773	
223,102	
       24,000 	
      347,902 	

4,542	4,642	4,744	
2,400	2,400	2,400	
53,287	54,459	55,657	
18,440	18,846	19,261	
24,296	24,831	25,377	
234,257	245,970	258,269	
       24,600 			25,200 			25,900 	
      361,822 			376,348 			391,608 	

Property Control	
Building & Land Rental	

2,255	2,305	2,356	

5-09001	2,206

Forecast	
FY 2024	FY 2025	FY 2026	FY 2027	

5-09003	
5-09004	

Computer Software/Licensing	
 Computer Hardware/Supplies		
 TOTAL PROPERTY CONTROL		

10,601	10,834	11,072	11,316	
18,146	18,545	18,953	19,370	
30,953	31,634	32,330	33,042	

Utility Rate Consultant	
  Other Contractual Services		
 TOTAL RATE CONSULTANT		

Clerk to the Board	
Other Contractual Services	
Postage & Freight	
Printing & Binding	
  Legal Ads		
	TOTAL CLERK TO THE BOARD		

5-11001

5-13002	
5-13004	
5-13005	
5-13006	

5-19001	
5-23001	

5-26002

22,509	23,004	23,510	24,027	
22,509	23,004	23,510	24,027	

12,419	
1,772	
2,705	
        2,066 	
       18,962 	

12,692	
1,811	
2,765	
        2,111 	
       19,379 	

12,971	
1,851	
2,826	
        2,157 	
       19,805 	

13,256	
1,892	
2,888	
       2,204 	
      20,240 	

39,488

Legal Services	
General Counsel	
 Special Counsel		
	TOTAL LEGAL COUNSEL		

40,357	41,245	42,152	
        8,767 			8,767 			8,767 	
       49,124 			50,012 			50,919 	

	8,767 
	48,255 

Engineering Services	
  Engineering Services		
	TOTAL ENGINEERING		

       97,021 			99,155 			101,336 	
       97,021 			99,155 			101,336 	

	94,932 
	94,932 

5-14001	
5-14003	
5-14004	
5-14005	
5-14006	
5-14007	
5-14008	
5-14010	
5-14012	
5-14013	
5-14014	
5-14015	

5-29001	
5-29002	
5-29003	

 	
ADMINISTRATION DIVISION	
Personnel	
Regular Salaries	
Overtime	
FICA	
Retirement Contributions	
Health/Life/Dental Insurance	
Workers Comp	
Unemployment Compensation	
Uniforms	
Training & Education Costs	
Vehicle Allowance	
Annual PTO	
Cell Stipend	
Total Administration Personnel:	
ADMIN Operating	
Other Contractual Services	
Website Maintenance	
Operating Supplies	

	
443,243	452,994	462,960	473,145	
5,655	5,779	5,906	6,036	
38,105	38,944	39,800	40,676	
42,647	43,585	44,544	45,524	
680,887	728,549	779,547	834,115	
45,001	47,251	49,614	52,095	
2,502	2,557	2,613	2,670	
4,155	4,246	4,339	4,434	
7,640	7,808	7,980	8,156	
12,345	12,617	12,895	13,179	
10,280	10,506	10,737	10,973	
1,628	1,664	1,701	1,738	
1,294,088	1,356,500	1,422,636	1,492,741	

226,057	
231,030	
236,113	
241,307	
5,198	5,312	5,429	5,548	
11,467	11,719	11,977	12,240	

	TOTAL ADMINISTRATION		
WATER TREATMENT PLANT DIVISION	
Personnel	
Regular Salaries	
Overtime	
FICA	
Retirement Contributions	
Uniforms	
Training & Education Costs	
Annual PTO	
Cell Stipend	
Total WTP Personnel:	
WTP Operating	
Other Contractual Services	
Operations & Maintenance Services	
Laboratory Services	
Operating Supplies	
Electricity Services	
Plant Maintenance	
Chemicals	
Water Conservation Grant Program	
Backflow Prevention Program	
Total WTP Operating:	

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

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

	1,961,110 			2,044,254 			2,097,136 	

339,069	346,529	354,153	361,944	
48,719	49,791	50,886	52,005	
30,074	30,736	31,412	32,103	
34,901	35,669	36,454	37,255	
2,241	2,290	2,340	2,391	
5,020	5,130	5,243	5,358	
3,887	3,973	4,060	4,149	
1,452	1,484	1,517	1,550	
465,363	475,602	486,065	496,755	

73,787	
2,178	
31,553	
7,206	
252,121	
89,516	
374,701	
12,000	
       25,000 	
      868,062 	

75,410	
2,226	
32,247	
7,365	
264,727	
91,485	
382,944	
12,000	
       25,000 	
      893,404 	

77,069	
2,275	
32,956	
7,527	
277,963	
93,498	
391,369	
12,000	
       25,000 	
      919,657 	

78,765	
2,325	
33,681	
7,693	
291,861	
95,555	
399,979	
12,000	
      25,000 	
     946,859 	

Forecast	
FY 2024	FY 2025	FY 2026	FY 2027	

5-29004	
5-29005	
5-29006	
5-29007	
5-29008	
5-29011	
5-29012	
5-29013	
5-29014	
5-29015	
5-29016	
5-29017	
5-29018	

5-29101	
5-29102	
5-29103	

Storm Water Fees	
Telephone & Cell Service	
Postage & Freight	
Equipment Leasing	
Administrative Maintenance	
Contingencies - Hurricane	
Office Supplies	
Fuel & Lubricants - Vehicle	
Fuel & Lubricants - Equipment	
Minor Construction Expenses	
Project Maintenance Fees	
Contingency (1.5%)	
Electricity Services	
Total Administration Operating:	
Capital Outlay Administration	
Equipment	
Building	
Other	
Total Administration Capital Outlay:	

45,000	45,000	45,000	45,000	
13,504	13,801	14,105	14,415	
33,624	34,364	35,120	35,893	
3,055	3,122	3,191	3,261	
2,763	2,824	2,886	2,949	
-	-	-	-	
5,096	5,147	5,198	5,250	
71,708	76,728	82,099	87,846	
18,237	19,514	20,880	22,342	
1,702	1,739	1,777	1,816	
11,685	11,685	11,685	11,685	
97,942	101,065	104,270	107,611	
6,248	6,560	6,888	7,232	
553,286	569,610	586,618	604,395	

-	
35,000	
35,000	
-	
-	-	-	-	
-	-	-	-	
-	35,000	35,000	-	

	1,847,374 

Forecast	
FY 2024	FY 2025	FY 2026	FY 2027	

5-30101	
5-30102	
5-30103	

Capital Outlay WTP	
Equipment	
Building	
Other	
Total WTP Capital Outlay:	

-	-	35,000	-	
-	-	-	-	
-	-	-	-	
-	-	35,000	-	

 TOTAL WATER TREATMENT PLANT DIVISION 

WASTEWATER TREATMENT PLANT DIVISION	
Personnel	
Regular Salaries	
Overtime	
FICA	
Retirement Contributions	
Uniforms	
Training & Education Costs	
Annual PTO	
Cell Stipend	
Total WWTP Personnel:	
WWTP Operating	
Other Contractual Services	
Operations & Maintenance Services	
Laboratory Services	
Operating Supplies	
Sludge Disposal	
Electricity Services	
Plant Maintenance	
Chemicals	
Total WWTP Operating:	
Capital Outlay WWTP	
Equipment	
Building	
Other	
Total WWTP Capital Outlay:	

1,333,425	1,369,006	1,440,722	1,443,614	

-	-	-	-

5-16001	
5-16002	
5-16003	
5-16004	
5-16008	
5-16010	
5-16011	
5-16012	

5-31001	
5-31002	
5-31003	
5-31004	
5-31005	
5-31006	
5-31008	
5-31010	

5-31101	
5-31102	
5-31103	

343,487	351,044	358,767	366,660	
44,659	45,641	46,645	47,671	
30,087	30,749	31,425	32,117	
34,933	35,702	36,487	37,290	
2,666	2,725	2,785	2,846	
4,307	4,402	4,499	4,598	
4,037	4,126	4,217	4,310	
1,109	1,133	1,158	1,183	
465,285	475,522	485,983	496,675	

33,837	
34,581	
35,342	
36,120	
9,513	9,722	9,936	10,155	
27,114	27,711	28,321	28,944	
17,517	17,902	18,296	18,699	
102,452	104,706	107,010	109,364	
194,742	204,479	214,703	225,438	
55,608	56,831	58,081	59,359	
	122,520 		125,215 		127,970 		130,785 	
	563,303 		581,147 		599,659 		618,864 	

5-17001	
5-17002	
5-17003	
5-17004	

UNDERGROUND UTILITIES DIVISION	
Personnel	
Regular Salaries	
Overtime	
FICA	
Retirement Contributions	

616,659	
75,006	
53,552	
62,250	

630,225	
76,656	
54,731	
63,619	

644,090	
78,342	
55,935	
65,019	

658,260	
80,066	
57,165	
66,449	

35,000	-	-	-	
-	-	-	-	
-	-	-	-	
35,000	-	-	-	
	
1,063,588	1,056,669	1,085,642	1,115,539	

TOTAL WASTEWATER TREATMENT PLANT DIVISI

Forecast	
FY 2024	FY 2025	FY 2026	FY 2027	

5-17008	
5-17010	
5-17011	
5-17012	

5-32001	
5-32002	
5-32003	
5-32004	
5-32005	
5-32006	

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

Uniforms	
Training & Education Costs	
Annual PTO	
Cell Stipend	
Total UGU Personnel:	
UGU Operating	
Other Contractual Services	
Operations & Maintenance Services	
Operating Supplies	
Electricity Services	
Vehicle Maintenance	
Lift Station Maintenance	
Total UGU Operating:	
Capital Outlay UGU	
Equipment	
Building	
New Meters	
Other	
Total UGU Capital Outlay:	

6,837	6,987	7,141	7,298	
12,676	15,955	16,306	16,665	
5,810	5,938	6,069	6,203	
2,557	2,613	2,670	2,729	
835,347	856,724	875,572	894,835	

274,475	
118,790	
88,986	
59,861	
33,872	
       24,857 	
      600,841 	

280,513	
121,403	
90,944	
62,854	
34,617	
       25,404 	
      615,735 	

286,684	
124,074	
92,945	
65,997	
35,379	
       25,963 	
      631,042 	

292,991	
126,804	
94,990	
69,297	
36,157	
      26,534 	
     646,773 	

70,000	35,000	35,000	35,000	
-	-	-	-	
2,500	1,050	1,050	1,050	
-	-	-	-	
72,500	36,050	36,050	36,050	

 TOTAL UNDERGROUND UTILITIES DIVISION	

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

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

5-33101	

IRRIGATION DIVISION	
Personnel	
Regular Salaries	
Overtime	
FICA	
Retirement Contributions	
Uniforms	
Training & Education Costs	
Annual PTO	
Cell Stipend	
Total IRR Personnel:	
IRR Operating	
Other Contractual Services	
Operations & Maintenance Services	
Laboratory Services	
Operating Supplies	
Electricity Services	
Maintenance - Irrigation	
Chemicals	
Total IRR Operating:	
Capital Outlay IRR	
Equipment	

1,508,688	1,508,509	1,542,664	1,577,658

50,041	51,142	52,267	53,417	
4,683	4,786	4,891	4,999	
4,276	4,370	4,466	4,564	
4,925	5,034	5,144	5,257	
642	656	670	685	
794	811	829	847	
882	901	921	941	
286	292	298	305	
66,529	67,992	69,486	71,015	

32,192	
48,505	
689	
7,353	
186,740	
33,493	
        2,017 	
      310,989 	

32,900	
49,572	
704	
7,515	
196,077	
34,263	
        2,061 	
      323,092 	

33,624	
50,663	
719	
7,680	
205,881	
35,051	
        2,106 	
      335,724 	

34,364	
51,778	
735	
7,849	
216,175	
35,857	
       2,152 	
     348,910 	

-	-	-	-

Forecast	
FY 2024	FY 2025	FY 2026	FY 2027	

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

377,518	391,084	405,210	419,925

129,309	
7,428	
10,630	
12,306	
1,337	
3,392	
1,773	
         450 	
      166,625 	

132,154	
7,591	
10,864	
12,577	
1,366	
3,467	
1,812	
         460 	
      170,291 	

135,061	
7,758	
11,103	
12,854	
1,396	
3,543	
1,852	
         470 	
      174,037 	

138,032	
7,929	
11,348	
13,136	
1,427	
3,621	
1,893	
        480 	
     177,866 	

10,653	
1,874	
6,124	
       10,833 	
       29,484 	

10,887	
1,915	
6,259	
       11,071 	
       30,132 	

11,127	
1,957	
6,397	
       11,315 	
       30,796 	

11,372	
2,000	
6,538	
      11,564 	
      31,474 	

5-33102	
5-33103	

5-40001	
5-40002	
5-40003	
5-40004	
5-40013	
5-40015	
5-40016	
5-40017	

5-41001	
5-41002	
5-41003	
5-41006	

5-41101	
5-41102	
5-41103	

Building	
Other	
Total IRR Capital Outlay:	
 TOTAL IRRIGATION DIVISION		
SHOP & MAINTENANCE OPERATIONS DIVISIO	
Personnel	
Regular Salaries	
Overtime	
FICA	
Retirement Contributions	
Uniforms	
Training, Cont. Educ., and Licensing	
Annual PTO	
Cell Stipend	
Total Shop & Maintenance Personnel:	
Shop & Maintenance Operating	
Operations & Maintenance Svc	
Disposal Fees	
Operating Supplies	
Machinery & Equipment	
Total Shop & Maintenance Operating:	
Capital Outlay Shop & Maintenance	
Equipment	
Building	
Other	
Total Shop & Maintenance Capital Outlay:	

20,000	45,000

-	20,000	45,000	-

TOTAL SHOP & MAINTENANCE OPERATIONS DIVISION

Total Operating Expenses

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

196,109	220,423	249,833	209,340

	6,931,005 		7,130,188 		7,411,515 		7,527,054 

	- 		- 		- 		- 
	- 		- 		- 		- 

5-27011	
5-27013	
5-27012	
5-27008	

 	
DEBT SERVICE EXPENSES	
Cost of Issuance	
Principal 2014 Bond Issue Refi of 2004	
Interest 2014 Bond Issue Refi of 2004	
Principal 2011 Bond Issue	

	
210,000	
337,095	
1,270,000	

	
215,000	
330,165	
1,305,000	

	
220,000	
323,070	
1,345,000	

	
230,000	
315,810	
1,380,000	

5-27007	
5-27010	
5-27009	

388,385	
285,000	
       84,075 	
     2,574,555 	

344,443	
295,000	
       75,668 	
     2,565,276 	

299,290	
300,000	
       66,965 	
     2,554,325 	

253,033	
310,000	
      47,871 	
    2,536,714 	

Forecast	
FY 2024	FY 2025	FY 2026	FY 2027	

Interest 2011 Bond issue	
Principal 2013 Bond Issue	
Interest 2013 Bond issue	
TOTAL DEBT SERVICE:	
RATE STABILIZATION	
Transfer Out to Rate Stabilization Fund	
TOTAL RATE STABILIZATION SERVICE:	

CAPITAL IMPROVEMENT & TRANSFERS	
Capital Improvement Program - WWTP Expansi	
Required R&R Transfer to Capital (5%)	
Additional R&R Transfer for CIP's	
Cash Carry Forward for R&R CIP	
TOTAL CI & TRANSFERS EXPENSES:	
Total Expenses	
Total Revenues	

497,319	
200,000	
	- 	
	697,319 	
 $	10,202,879 	
 $	10,030,502 	

506,046	
100,000	
	- 	
	606,046 	
 $	10,301,510 	
 $	10,279,142 	

506,046	
100,000	
          - 	
      606,046 	

506,046	
100,000	
          - 	
     606,046 	

	- 		- 		- 		- 	
	- 		- 		- 		- 	

5-28127

Surplus/(Deficit) Before Transfer from	
(to) Operating Reserve	
Available Operating Cash Balance (Ending)	

(172,377)	
 $	5,010,208 	

(22,368)	
 $	4,987,840 	

 $	10,571,886 		 $	10,669,814 	
 $	10,533,999 		 $	10,795,226 	

(37,887)		
125,412	
 $	4,949,953 		 $	5,075,365 	

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

1.24	
1.04	

1.26	
1.05	

1.28	
1.07	

1.30	
1.09	

Index Rate Increase (included in revenues)	
Total Effective Rate Increase	

        2.50%			2.50%			2.50%			2.50%	
        2.50%			2.50%			2.50%			2.50%	

REVENUE SOURCES

St Lucie West Services District receives approximately 73.52% of their operating Revenues from the sale of water and wastewater service. Another 18.73% of the operating revenue is received from irrigation services. The FY 2023 Budget assumes a 5.0 % rate increase to all utility rates.

AFPI Revenue
$85,000.00 0.86%

Other Operating Revenue
$82,411.00 0.83%

Wholesale Water & Wastew ater
$680,278.00 6.89%

Billed Water Revenues
$3,335,753.00 33.80%

Billed Irrigation Revenue
$1,848,405.00 18.73%

Billed Wastew ater Revenues
$3,838,595.00 38.89%

Water & Sewer Revenue

Billed Water Revenue
Revenue billed for potable water services. The water revenue budget assumes a 0.0% increase in total customers (ERU’s) and no rate increase.

Billed Wastewater Revenue
Revenue billed for the wastewater services. The wastewater revenue budget assumes a 0.0 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 2023 is based on historical revenues, however using a conservative assumption for the budget year.

Miscellaneous Fees
Miscellaneous revenues that the Utility receives. The budget for FY 2023 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 Reserve CDD for the purchase of wholesale water and wastewater. The gallonage (commodity) charge is equal to eighty percent (80%) of the retail water and sewer service rate (per 1,000 gallons) in effect at the time of payment.

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

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

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

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

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

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

Capital Fund Revenues

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

OPERATING EXPENSE’S

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

Board of Directors

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

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

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

District Manager

Management Contract
Charges directly relating to the District Manager’s service contract. The charge for FY 2023 is based on the Contract for the District Manager which is shared between the Water & Sewer Fund 50% and the General Fund 50%.

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

Finance

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

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

Accounting Services
This includes the contracted services for Financial Services with SDS, Inc. The FY 2023 budget assumes a 1.5% increase from the previous year per the contract with SDS.

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

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

Property & Casualty Insurance
This expense includes the annual insurance premium that provides protection for the Districts general liability, auto and property coverage. The agent has been asked to provide and estimate of total premiums for FY 2023. Coverage is from October 1 through September 30 each year.

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

Property Control

Building & Land Rental
Charges for the storage rental space.

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

Computer Hardware/Supplies
This line item includes new and replacement computer hardware and supplies.

Utility Rate Consultant

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

Clerk to the Board

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

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

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

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

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

Special Counsel
Legal Services
Legal fees associated with any special legal matters the District may have. For the FY 2023 budget this line item includes legal matters regarding Human Resources matters.

Engineering Services

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

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

Regular Salaries
Includes Administration Division employee’s basic salaries. The total budget is estimated using a tabulation of all approved positions, applying the appropriate increases and allowing a factor for unfilled vacancies. This year we are proposing to give a 7.5% increase to all employees based on the Bureau of Labor Statics CPI. This also reflects for license or certifications increases.

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

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

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

Health/Life/Dental  Insurance
This includes health, life and dental insurance benefits provided to all employees of the District. The proposed increase is 10% for FY 2023.

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

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

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

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

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

Annual PTO

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

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

Water & Sewer Administration Division - Operating

Other Contractual Services
This description is the same for all Division in the Utilities Department: Includes charges associated with service contracts related to the Administration Division such as office equipment repairs, computer support, Air conditioning services, Security alarm repairs, pest control, Utility Billing Program, Credit Card Program for billing, Bill mail-out services, Vehicle GPS monitoring, Trash contract, and janitorial contracts.

Website Maintenance
This description is for website maintenance and hosting for the budget year 2023.

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

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

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

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

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

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

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

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

Fuel & Lubricants-Vehicles

Fuel purchased for all vehicles used in the Utility Division.

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

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

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

Contingency
This code was recommended by the Rate Consultant for unexpected expenses. This is 1.5% of the operating expenses minus the Capital Outlay.

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

Water & Sewer Administration Division – Capital Outlay

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

Building
This description is the same for all Division in the Utilities Department: This code is for buildings or land purchases over $1,000. Ongoing project FY22 of $40,000 for the removal of the old concentrate tank and build a storage building which will be shared with the Water Treatment Plant. No other expenditures planned for FY23.

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

WATER TREATMENT PLANT DIVISION
Water Treatment Plant Division - Personnel

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

Water Treatment Plant Division - Operating

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

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

Laboratory Services

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

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

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

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

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

Water Treatment Plant Division – Capital Outlay

Equipment; Building; Other
The above categories are the same as described in the Administration Budget. Ongoing project FY22 of $40,000 for the removal of the old concentrate tank and build a storage building which will be shared with the Administration Building. No other expenditures planned for FY23.

WASTEWATER TREATMENT PLANT DIVISION
Wastewater Treatment Plant Division - Personnel

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

Wastewater Treatment Plant Division - Operating

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

Sludge Disposal
Charges for the dewatering, hauling and disposal of the sludge from the wastewater plant.

Wastewater Treatment Plant Division – Capital Outlay

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

UNDERGROUND UTILITIES DIVISION

Underground Utilities Division - Personnel

Regular Salaries; Overtime; FICA; Retirement Contributions; Uniforms; Training & Education Expenses; Annual PTO and Cell Stipend The above categories are the same as described in the Administration Budget. Open UGU Services Worker Trainee Position to be replaced with New Position, Field Operations Foreman.

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

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

Water & Sewer Underground Utilities Division – Capital Outlay

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

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

IRRIGATION DIVISION
Irrigation Division - Personnel

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

Irrigation Division - Operating

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

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

Water & Sewer Irrigation Division – Capital Outlay

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

SHOP & MAINTENANCE DIVISION
Shop & Maintenance Division - Personnel

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

Shop & Maintenance Division - Operating

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

Water & Sewer Shop & Maintenance – Capital Outlay

Equipment; Building; Other
The above categories are the same as described in the Administration Budget. Plan $20,000 for the Workshop Equipment and Building Materials for Utility Shop Division. No other expenditures planned for this fiscal year.

The Total Operating Expenses are projected to be $6,801,599 for FY 2023.

Non-Operating Expenses

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

Interest 2013 Bond issue
This line includes the semiannual interest fees the district is required to pay on the 2013 utility bonds outstanding. The increase is due to a condition of the bond that if the corporate tax decreased it would trigger an automatic increase to the bond interest rate which is still lower than when the bonds were refinanced.

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

Interest 2011 Bond issue
This line includes the semiannual interest fees the district is required to pay on the 2011 utility bonds outstanding. The increase is due to a condition of the bond that if the corporate tax decreased it would trigger an automatic increase to the bond interest rate which is still lower than when the bonds were refinanced.

Principal 2004 Bond Issue Refunded for the 2014 Bond
According to the Bond Documents the district is required to make an annual Principal payment on the 2004 bonds outstanding.

Interest 2004 Bond issue Refunded for the 2014 Bond
This line includes the semiannual interest fees the district is required to pay on the 2004 utility bonds outstanding. The decrease is due to restructuring of the bond in November of 2018 which lowered the rate for the duration of the bond saving close to $90,000 per year.

Rate Stabilization
This expense code transfers funds from available unrestricted operating reserves to the Rate Stabilization Fund and the balance is up to
$646,405. There is no transfer scheduled for 2023 FY.

Renewal & Replacement Transfer to Capital
This allocation captures the 5% minimum funding requirement to the Renewal & Replacement fund which is $481,267 for 2023FY and an additional $200,000 to fund the proposed capital expenditure items for future projects.

DEDUCT EXPENDITURES:	
Capital Improvement Projects	
Transfer Out to WW Connection Fee Funds	
Transfers Out to Pay Debt Service	
TOTAL EXPENDITURES	

           -		
1,210,715	

        -		
700,000	

        -		
-	

ST LUCIE WEST SERVICES DISTRICT CAPITAL FUNDING REVENUE AND EXPENDITURES

FY 2023 BUDGET

R&R	WCF	WWCF

-	
-	
481,267	
200,000	
-	
           -		

70	
3,832	
-	
-	
-	
        -		

Estimated Beginning Fund Balance	1,297,701	719,161	31,384

ADD REVENUES:	
Interest Revenues	
Impact Fee Revenues	
5% Required Transfer per Bond	
Additional Funding	
Cash Carry Forward for R&R CIP	

31	
2,876	
-	
-	

	-	

TOTAL REVENUES AVAILABLE	1,978,968		723,063		34,291	
	
1,210,715		
700,000		
-	
FUND BALANCE, SEPTEMBER 30	 $	768,253 		 $	23,063 		 $	34,291 	

RENEWAL & REPLACEMENT FUND
FY 2023 BUDGET

 	   	

Actual
FY 2021		FY 2022	

	FY 2023	

	FY 2024	 	FY 2025	  FY 2026		 FY 2027	

Estimated Beginning Fund Balance	1,797,652	2,109,225	1,297,701	768,253	815,103	895,300	959,465	

ADD REVENUES:
5-36001	

Interest Revenues	

-	
-
-	

-	

-	

-	

-	

-	
5-36007	5% Required Transfer per Bond	481,653	491,389	481,267	497,319	506,046	506,046	506,046	
	Additional Funding	460,000	400,000	200,000	200,000	100,000	100,000	100,000	
	Cash Carry Forward for R&R CIP		-	-	-	-	-	-	
	
TOTAL REVENUES AND FUNDS AVAILABLE	
2,739,305	
3,000,614	
1,978,968	
1,465,572	
1,421,149	
1,501,346	
1,565,511	

DEDUCT EXPENDITURES:	-	
SW001	5-37007	Lift Station Renewal & Replacement	85,594	86,450	215,833	217,991	220,171	222,373	224,597	
SW037	5-37009	Emergency Renewal & Replacement Projects	64,446	67,669	224,400	235,620	247,401	259,771	272,760	
SW047	5-37013	Structural Repairs Sewer Manholes	2,490	32,353	33,000	33,660	34,334	35,022	35,723	
SW049	5-37004	Protective Coating Manholes	11,745	11,980	12,220	12,464	12,713	12,967	13,226	
SW050	5-37014	WTP Grounding System Improvements	-	-	-	-	-	-	-	
SW061	5-37017	Membrane Filter Replacement Program	334,094	210,000	-		-			
SW064	5-37006	Replacement Meters	-	-	-	-	-	-	-	
SW066	5-37020	WWTF Plant Painting & Sealing of Tanks	24,141	100,000	-	-	-	-	-	
SW069	5-37018	Reuse Irrigation Pump Station Improvements	-	51,651	500,000					
SW073	5-37027	Replacement Backflow Preventers	3,662	3,808	3,960	4,117	4,282	4,453	4,631	
SW078	5-37028	WTP Painting and Tank sealing	57,041		75,000					
SW081	5-37029	WTP Calcite Tank Project	8,620	38,000	100,000					
SW084	5-37031	Potable Water Flushing Devices	2,897	5,000	5,000	-	-	-	-	
SW085	5-37032	Emergency (Association Irrigation) R & R Projects	5,716	6,002	6,302	6,617	6,948	7,295	7,660	
SW087	5-37034	Irrigation SCADA Conversion	-	30,000	30,000					
SW088	5-37035	High Service Pump Station Control Upgrade	-							
SW091	5-37038	Irrigation Automatic Flushing Devices	-		5,000					
SW092	5-37039	Repaving Utility site	-	230,000		-				
SW093	5-37040	Irrigation stormwater transfer line	-							
SW094	5-37041	Radio telemetry system upgrade	3,549							
SW095	5-37042	Step Screen Replacement	-		140,000	
SW096	5-37043	PLC Upgrade	26,086	100,000		
SW097	5-37044	Sand Filter Replacement and Upgrade	-	730,000		
TOTAL EXPENDITURES

FUND BALANCE, SEPTEMBER 30	630,080	1,702,913

  2,109,225	1,297,701 	1,210,715	650,469	525,849	541,881	558,597

	768,253  	815,103  	895,300  	959,465 	 1,006,914 	

WATER CONNECTION FEE FUND	
FY 2023 BUDGET	

Actual FY
2021	FY 2022

Estimated Beginning Fund Balance	1,385,177	

1,404,059

ADD REVENUES:			
5-36004	Interest Revenues	69	
5-36005	Impact Fee Revenues	32,768	
		-	
	Additional Funding Required		-		

70	
3,832	
-	
-		

TOTAL REVENUES AND FUNDS AVAILABLE	1,418,014	

DEDUCT EXPENDITURES:	
SW071	5-38010	WTP RO Modifications	-	
SW072	5-38011	High Service Pump/Hydro-tank Expansion	-	
SW076	5-38014	Clearwell/Transfer Pump Expansion	-	
SW077	5-38012	Main Water Line Extension	13,955	
SW080	5-38013	WTP Concentrate Tank Expansion	-	
		2000 and 2004 Bond Refunding Payment		-		

1,407,961

-	
-	
100,000	
588,800	

-	

TOTAL EXPENDITURES	13,955	688,800	

FY 2024	FY 2025	FY 2026	FY 2027

FY 2023	

719,161

70
3,832
-
	-	

723,063

-
- 700,000

	-		
700,000

	-	

-	
	23,063 	

23,063	26,965	30,867	34,769

	

	

 	
70	
3,832	
-	
     -		

	
70	
3,832	
-	
     -		

	
70	
3,832	
-	
     -		

	
70	
3,832	
-	
     -		

	

26,965	30,867	34,769	38,671

-	
-	

-	
-	

-	
-	

-	
-	

	-			-			-			-	

-	-	-	-

TRANSFERS:

Transfers Out to Pay Debt Service		-		

-	

TOTAL TRANSFERS OUT	-	

FUND BALANCE, SEPTEMBER 30	  1,404,059	719,161 	

-

	-			-			-			-	

-	-	-	-

	26,965 		30,867 		34,769 		38,671 

 			

WASTEWATER CONNECTION FEE FUND	
FY 2023 BUDGET	

Actual
FY 2021	FY 2022

Estimated Beginning Fund Balance	373,211	

	

	

398,110

ADD REVENUES:			
5-36002	Interest Revenues	18	
5-36006	Impact Fee Revenues	24,881	
	Unrestricted Utility Fund balance	-	
	2013 Construction Bond Proceeds		-		

398	
2,876	
-	
-		

TOTAL REVENUES AND FUNDS AVAILAB	398,110	

401,384

DEDUCT EXPENDITURES:

SW097	5-39010	WWTF Reuse Filter Project	-	

370,000

TOTAL EXPENDITURES	-	

FUND BALANCE, SEPTEMBER 30		398,110	31,384 	

370,000

FY 2024	FY 2025	FY 2026	FY 2027

FY 2023	

31,384

31
2,876
-
	-	

34,291	

-	
	34,291 	

34,291	37,201	40,114	43,030

34	
2,876	
-	
       -		

37	
2,876	
-	
       -		

40	
2,876	
-	
       -		

43	
2,876	
-	
       -		

37,201	40,114	43,030	45,949

-	-	-	-

-	-	-	-

	37,201 		40,114 		43,030 		45,949 

  	 

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

	SERIES 2013 BOND	

Actual	
FY 2021	

Actual	
FY 2022	

Estimate EOY	
FY 2022	

Final Budget	
FY 2022	

Budget	
FY 2023	

Forecast	
FY 2024	FY 2025	FY 2026	FY 2027		

$	52.26	
$ 1,935,219.84	

OPERATING REVENUE		
Interest	$	52.26	
Special Assessments	$ 1,935,219.84	
Miscellaneous Revenue (Prepayments)		
Total Revenues	 $	1,935,272 	

2-04001	
2-04002	
2-04005	

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

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

2,000	#	2,000	2,000			
2,064,907	#	2,064,907	2,064,907			
-		-		- 		- 		- 	
$	2,066,907	$	2,066,907	 $	2,066,907 	 $	- 	 $	- 	
					
40,100		40,100	40,100			
6,000		6,000	6,000			
1,720,000		1,765,000	1,805,000			
131,571		79,819	26,764			
10,000		10,000	10,000			
-		-	-	-	-	

 		 	

OPERATING EXPENSES		
Debt Service		
Assessment Fees	41,283	
Banking Services	4,515	
Principal 2013	1,640,000	
Interest 2013	255,332	
Misc	-	
COI		
Land Purchase		
Total Expenses		1,941,130 	

2-05001	
2-05002	
2-05014	
2-05015	
2-05011	
2-05860	
2-05870	

 $	1,935,272 

40,100	
6,000	
1,680,000	
182,061	
10,000	
-	

40,100	
6,000	
1,680,000	
182,061	
10,000	
-	

 		 	    	    	    	    	
-	1,918,161	-	1,918,161		1,907,671		1,900,919 		1,887,864 		-  		- 	
						-	-	

Surplus/(Deficit) Before Transfer from		
(to) Operating Reserve	(5,858)	

148,746	-	148,746	159,236	165,988	179,043	-	-	

1,935,272

TRANSFER FROM (TO) OPERATING RESERVE

Surplus/(Deficit)	$	(5,858)	$	1,935,272	$	148,746	$	148,746		$	159,236	$	165,988		$	179,043		$	-		$	-	

*Coverage Provided (Required > 1.10)	1.02	
*Net Revenue / Bond Payment Requirements		

1.11	1.11	1.12	1.12	1.13

	SERIES 2014 BOND	

Actual	
FY 2021	

Actual	
FY 2022	

Estimate EOY	
FY 2022	

Final Budget		
Budget		
Forecast	
FY 2022		FY 2023		FY 2024	FY 2025	FY 2026	FY 2027		

OPERATING REVENUE		
Interest	10.11	
Stormwater Revenue	391,409.11	

-	
392,017	

-	
392,017	

	-
392,663	- 388,270	- 388,259	- 388,132	- 392,620	
 		-	-	-	-	-	
 $	- 	$	392,663	$	388,270	$	388,259	$	388,132	$	392,620	

2-04007

Total Revenues	 $	391,419 	

	- 	
 $	392,017 	

	-		
 $	392,017 	

2-05016	
2-05017	

OPERATING EXPENSES		
Debt Service		
Assessment Fees	-	
Banking Services	-	
Principal 2014	290,000	
Interest 2014	101,433	
Misc	-	
COI	-	

-	
-	

-	
-	
300,000	
92,017	
-	
-	

-	
-	
300,000	
92,017	
-	

-	-	-	-	-	
-	-	-	-	-	
310,000	315,000	325,000	335,000	350,000	
82,663	73,270	63,259	53,132	42,620	
-	-	-	-	-	
-	-	-	-	-	

Total Expenses		391,433 	

-	392,017	392,017		392,663	388,270		388,259		388,132		392,620	

Surplus/(Deficit) Before Transfer from		
(to) Operating Reserve	(14)	

-	-	-	-	-	-	

-	-

TRANSFER FROM (TO) OPERATING RESERVE

Surplus/(Deficit)	$	(14)	$	-	$	-	$	-		$	-	$	-		$	-		$	-		$	-	

OPERATING REVENUE		
Interest	-	
Special Assessments	-	
Misc Revenue (Prepayments) / (Capitalized Interest)	

-	
-	
26,505	
	-		
 $	26,505 	

	- 	
 $	- 	

Total Revenues	 $	- 	

	-	5	5	5	5		-	

 		-	157,896

-	157,896

-	157,896

-	1,409,896

-		-

-	
 $	- 	$	157,901	$	157,901	$	157,901	$	1,409,901	$	-	

	SERIES 2021-2 BOND - District Wide Project	

Actual	
FY 2021	

Actual	
FY 2022	

Estimate EOY	
FY 2022	

Final Budget		Budget		Forecast	
FY 2022		FY 2023		FY 2024	FY 2025	FY 2026	FY 2027		

OPERATING EXPENSES		
Debt Service		
Assessment Fees	-	
Banking Services	-	
Principal 2021	-	
Interest 2021	-	
Misc	-	
COI	-	

-	
-	

-	
-	
-	
-	
-	
-	

-	
-	
-	
26,505	
-	

4,000	4,000	4,000	35,000	-	
3,000	3,000	3,000	3,000	-	
120,000	125,000	125,000	1,315,000	-	
25,350	23,439	21,489	10,257	-	
-	-	-	-	-	
-	-	-	-	-	

Total Expenses		- 	

-	-	26,505		152,350	155,439		153,489		1,363,257		-	

Surplus/(Deficit) Before Transfer from		
(to) Operating Reserve	-	

-	5,551	2,462	4,412	46,644	-	

-	-

TRANSFER FROM (TO) OPERATING RESERVE

Surplus/(Deficit)	$	-	$	-	$	-	$	-		$	5,551	$	2,462		$	4,412		$	46,644		$	-	

District Wide Stormwater Improvement	
FY 2023 BUDGET	

Actual
  FY 2021    FY 2022  	 FY 2023		 FY 2024 	 FY 2025 	 FY 2026 	 FY 2027 

ADD REVENUES:

-	-	-	-

-	
-	
     -		

-	
-	
     -		

-	
     -		

	-	

Estimated Beginning Fund Balance	-	
	-	
	-	
Interest Revenues	-	
Loan Revenues	-	
Additional Funding Required		-		

-	
-	
-	
-	
1,415,000	
     -		

-	
-	
-	
-	
-	
     -		

TOTAL REVENUES AND FUNDS AVAILABLE	-	

1,415,000	-	-	-	-	-

DEDUCT EXPENDITURES:	
Ditch piping near Post Office	

1,415,000	-	-	-	-	-

-	-	-	-	-

TOTAL EXPENDITURES	-		1,415,000	

TRANSFERS:

Transfers Out to Pay Debt Service		-		

	-			-			-			-			-			-	

TOTAL TRANSFERS OUT	-	

FUND BALANCE, SEPTEMBER 30		-				-		

-	-	-	-	-	-

	-			-			-			-			-