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

August 30th, 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 had safety upgrades done in FY 2022. 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 FY2022 and will continue into 2023.
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 of 5% for the 2023 FY. The Proposed Budget also includes an increase in Maintenance Assessment of $20.00 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.

General Fund

$5,000,000

$4,500,000

$4,000,000

$3,500,000

$3,000,000

$2,500,000

$2,000,000

$1,500,000

$1,000,000

$500,000

$-

FY 2021

FY 2022
Total Revenues

FY 2023	FY 2024
Total Expenses

FY 2025

FY 2026

FY 2027

Available Operating Cash Balance (Ending)

Unreserved Fund Balance as a % of Total
Expenditures

70%

60%

50%

40%

30%

20%

10%

0%

FY 2021

FY 2022

FY 2023

FY 2024

FY 2025

FY 2026

FY 2027

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.

$12,000,000

Utility Fund

$10,000,000

$8,000,000

$6,000,000

$4,000,000

$2,000,000

$-

FY 2021

FY 2022
Total Revenues

FY 2023
Total Expenses

FY 2024
Total Operating Expenses

FY 2025

FY 2026

FY 2027

Available Operating Cash Balance (Ending)

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
$1,210,715). 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 $768,000 for FY 2023. The General Fund Renewal and Replacement Fund reflects $256,099 in Stormwater improvement projects with a fund balance over $223,000.

We have completed the 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	$194.00 per ERU Until 2025	$  2,064,907				$	2,064,907	
Non-Ad Valorem 2021-2 Bond	$14.84 per ERU Until 2026	$	157,896					
Non-Ad Valorem Special Maintenance Assessment	$126 per ERU	$ 1,286,389					$	1,286,389	
Storm Water Drainage Fees From City		$ 2,000,000					$	2,000,000	
City Special Assessment for Bond		$	392,663					$	392,663	
Other General Fund Revenues		96,987					$	96,987	
Other Debt Fund Revenues		2,005	
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		$ 3,776,039	$  2,224,808	$	7,337	$	9,870,442	$	6,809	$	15,885,435	
Transfer In From General Fund			392,663	$	234,319			$	626,982	
Transfer In for Utility Fund R&R				$	681,267			$	681,267	

TOTAL REVENUES & TRANSFERS IN	$ 3,776,039	$  2,617,471	$	922,923	$	9,870,442	$	6,809	$	17,193,684	
	
EXPENDITURES	
General Fund	$ 3,409,624					$	3,409,624	
General Fund Personnel	$ 2,346,605						
General Fund Operating	$	979,019						
General Fund Capital Outlay	$	84,000						
General Fund R&R			$	256,099			$	256,099	
Utility Operating Fund				$	6,941,711		$	6,941,711	
Utility Fund Personnel				$	3,304,698			
Utility Fund Operating				$	3,499,513			
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	$ 3,409,624	$  2,452,684	$	1,466,814	$	9,523,857	$	700,000	$	17,552,979	
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	$ 4,036,606	$  2,452,684	$	1,466,814	$	10,205,124	$	700,000	$	18,861,228	
Fund Balance/Reserves	$ 2,213,053		$	1,536,131	$	5,314,743	$	750,545	$	9,814,472	

NET ENDING BALANCE	$ 1,952,486	$	164,787	$	992,240	$	4,980,061	$	57,354	$	8,146,928

SLWSD Final Budget FY 2023 (8/30/2022)	Page 1

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

The budget is an annual process that involves the Board of Supervisors, the District Manager and staff, operations and billing personnel, engineers, and others. This process must first consider anticipated revenues we will receive from operations 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 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 $1,900,000. 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 17.23% this year, and liability insurance increase of 8.6%

this year for which national projections call for continuing increases. Energy costs are expected to grow at an inflation rate of 15-20% 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 1.20%
Interest 0.00%

Permit Fees 0.00%

Miscellaneous Fees 1.36%

City for Stormwater Bond Payment 10.57%

Special Assessments 34.00%

Storm Water Drainage Fees 52.86%

TOTAL REVENUES	$ 3,783,376

PERCENT	
  REVENUES		

  TOTALS 

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

2,000,000	
1,286,389	
400,000	
12	
45,569	
-	
    51,406 	

52.9%	
34.0%	
10.6%	
0.0%	
1.2%	
0.0%	
1.4%	

TOTAL OPERATIONAL REVENUE

$ 3,783,376

100.0%

GENERAL FUND PRIOR YEARS BALANCE	$ 2,213,053

3%
1%
6%
4%	

0% 0%
1%
1%

9%	

0%	

10%					

Aquatics Division	
								Stormwater Maintenance Division	
				0%				Administration Division	
								Exotic Plant Removal Division	
						15%		Finance	
								Capital Improvement Projects R&R Fund	
							17%	Legal Services	
								Shop Operations	
					33%			Engineering Services

District Manager	
								Board of Supervisors	
								Clerk to the Board	
								Pollution Control	
								Debt Service 2014 Bond	
								Grant Management	
TOTAL EXPENDITURES					$ 4,043,943	

PERSONNEL	
OPERATING	CAPITAL 
OUTLAY	
  TOTALS 	

PERCENT	
 EXPENDITURES	

Aquatics Division	419,497	158,851	15,000	593,348	
Stormwater Maintenance Division	420,363	195,098	52,000	667,461	
Administration Division	1,089,338	239,669	-	1,329,007	
Exotic Plant Removal Division	297,223	67,940	12,000	377,163	
Finance		174,761		174,761	
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		45,665		45,665	
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 	

14.67%	
16.51%	
32.86%	
9.33%	
4.32%	
5.98%	
0.82%	
2.95%	
1.13%	
0.89%	
0.39%	
0.35%	
0.06%	
9.71%	
       0.03%	

TOTAL EXPENDITURES	$ 2,346,605	$  979,019	$ 84,000	$ 4,043,943	

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	
2,100,000	
400,000	
      99,336 	

1,286,389	
2,000,000	
400,000	
      96,987 	

TOTAL OPERATING REVENUES	3,409,028	3,358,111	3,671,725	3,783,376	
FUND BALANCE, October 1	2,496,220	2,305,085	2,305,085	2,213,053	
TOTAL REVENUES AND FUNDS AVAILABLE	5,905,248	5,663,196	5,976,810	5,996,429	

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	
42,479	
2,555	
1,197,143	
525,751	
606,557	
381,537	
120,983	
204,812	
392,017	

15,645	
36,054	
174,761	
1,351	
14,153	
32,973	
45,665	
2,611	
1,329,007	
593,348	
667,461	
377,163	
119,432	
241,656	
392,663	

TOTAL EXPENDITURES	3,600,163	3,795,001	3,763,757	4,043,943

FUND BALANCE, SEPTEMBER 30		2,305,085  	1,868,195  	2,213,053  	1,952,486 

-	-	
-	-	
-	-	
2,100,000	2,000,000	
45,569	45,569	
11	12	
1,072,389	1,286,389	
53,756	51,406	
-	-	
392,017	392,663	
7,983	7,337	
$	3,671,725	$	3,783,376	

12,000	12,000	
918	918	
2,668	2,727	
15,586	15,645	

8,872	9,537	
1,092	1,174	
57,600	24,420	
859	923	
68,423	36,054	

-	1,257		1,257	1,351	
	-		1,257 	-		1,257		1,351 	

		
Actual FY 2021		
Actual YTD FY 2022	
Estimate EOY FY 2022	
Orig. Budget FY 2022	Final Amended Budget
FY 2022	
Budget FY 2023	
	
General Fund Balance (Beginning)	
2,496,220		
2,305,085	
2,305,085	
2,305,085	
2,305,085	
2,213,053	
	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		2,100,000	2,100,000	1,828,032			
1-04005	Project Maintenance Fees	40,569			45,569	45,569			
1-04006	Interest	10		12	12	121			
1-04007	Special Maintenance Assessments	1,070,099		1,069,054	1,070,000	1,072,389			
1-04009	Miscellaneous Income	74,100		53,756.00	53,756	12,000			
1-04010	WMB Prepayment	-		-	-	-			
1-04012	Stormwater Drainage from City for Bond	391,409		400,000	392,017	392,017			
1-04014	Stormwater Drainage from City for Lake Harvey	8,591		- 		7,983	7,983 	
Total Revenues	$ 3,409,028

OPERATING EXPENSES
 Board of Supervisors	$	3,622,822	$  3,669,337	$ 3,358,111	
1-05001	Executive Salaries	11,900	9,000	12,000	12,000	
1-05002	FICA	910	688	917	918	
1-05015	Board Meeting Expenses	1,221		631 		841	2,668 	
	TOTAL BOARD OF SUPERVISORS	14,031		10,319 		13,758	15,586 	

District Manager			
1-06001	
Assessment Fees & Costs	8,400	-	-	8,872	
1-06003	Operations & Maintenance Services	461	289	385	1,092	
1-06005	Management Contract	44,661	41,477	57,600	77,600	
1-06009	Travel & Per Diem	-		- 		-	859 	
	TOTAL DISTRICT MANAGER	53,522		41,766 		57,985	88,423 	

Finance			
1-07001	Dissemination Agent	-	-	1,000	2,030	2,030	500	
1-07002	Arbitrage	-	-	1,000	1,933	1,933	500	
1-07004	Accounting Services	28,445	21,656	28,875	33,356	33,356	35,858	
1-07005	Auditing	11,125	11,348	13,382	13,583	13,583	14,602	
1-07007	Banking Services	1,408	7	9	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		120,407 		153,462	160,820 	160,820	174,761	

Grant Management					
1-12001 Contractual Services -GM	-		- 				

TOTAL GRANT MANAGEMENT	-		- 				

9,199	9,889	
900	968	
1,456	1,565	
1,610	1,731	
13,165	14,153	

27,332
3,340	29,382
3,591	
30,672	32,973	

42,479	45,665	
42,479	45,665	

2,555	2,611	
2,555	2,611	

Clerk to the Board	
Actual FY 2021		
Actual YTD FY 2022		
Estimate EOY FY 2022	Final Amended
Orig. Budget	Budget	Budget
FY 2022	FY 2022	FY 2023	
1-13002	Other Contractual Services	7,134		5,414		7,219	9,199	
1-13004	Postage & Freight	7,594		920		1,227	900	
1-13005	Printing & Binding	906		809		1,079	1,456	
1-13007	Legal Ads	-		1,731 		1,200	1,610 	
	TOTAL CLERK TO THE BOARD	15,634		8,874 		10,725	13,165 	

Legal Services		
1-19001	General Counsel	9,918	9,217	20,000	27,332	
1-23001	Special Counsel	3,680		- 		-	3,340 	
	TOTAL LEGAL COUNSEL	13,598		9,217 		20,000	30,672  -	

1-26002	
Engineering Services
Engineering Services	

31,491	

	21,793 	

	29,057	32,479 	
	TOTAL ENGINEERING	31,491		21,793 		29,057	32,479  -	

Pollution Control
1-29002 Regulatory & Permit Fees	-		- 

TOTAL POLLUTION CONTROL	-		- 

ADMINISTRATION DIVISION
Personnel	

	-	2,555 
	-	2,555  -	
1-15001	Regular Salaries	357,790	261,815	349,087	339,682	339,682	380,158	
1-15002	Overtime	2,654	2,756	3,675	2,539	3,539	3,804	
1-15003	FICA	23,579	23,449	31,265	33,177	33,254	32,340	
1-15004	Retirement Contributions	31,387	27,256	36,341	37,784	37,874	36,754	
1-15005	Health/Life/Dental Insurance	515,598	348,862	465,149	490,422	500,422	586,645	
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	800	-	2,442	2,442	2,625	
1-15012	Training, Cont. Educ., and Licensing	14	1,478	1,971	4,739	4,739	5,094	
1-15013	Vehicle Allowance	6,686	3,043	4,057	7,200	7,200	7,200	
1-15014	Annual PTO	-	-	-	5,613	5,613	6,034	
1-15015	Cell Stipend		390 		283 	377	1,047	1,047	1,126	
Total Administration Personnel: 	963,891 		691,724  	916,742	951,551	962,718	1,089,338 
ADMIN Operating	
1-33001	Other Contractual Services	52,925	64,160	85,547	77,851	85,851	92,290	
1-33002	Website Maintenance	8,979	2,225	2,967	10,319	10,319	10,525	
1-33004	Water - Irrigation	3,161	3,236	4,315	4,314	4,314	4,400	
1-33005	Telephone & Cell Service	7,324	6,682	8,909	11,139	11,139	11,362	
1-33006	Postage & Freight	750	578	771	1,153	1,153	1,176	
1-33007	Electricity Services	4,165	3,011	4,015	4,720	4,720	5,050	
1-33010	Equipment Leasing	15,586	2,190	-	3,628	3,628	3,701	
1-33011	Administration Maintenance	215	14	19	2,928	2,928	2,987	
1-33018	Contingencies - Hurricane	814	-	-	20,400	20,400	20,400	

1-33019
1-33020
1-33021
1-33022
1-33023
1-33024
1-33025

1-33101
1-33102
1-33103

Total Administration Operating:	159,170 Capital Outlay Administration
Equipment Building Other

Estimate EOY FY 2022	
Orig. Budget FY 2022	Final Amended Budget
FY 2022	
Budget FY 2023	
12,000	12,306	12,306	13,229	
28,887	33,790	40,548	42,575	
4,797	6,798	6,798	7,308	
7,307	4,995	4,995	5,095	
6,383	8,830	8,830	2,250	
21,171	13,746	16,496	17,321	
-	-	-	-	

187,088	216,917	234,425

-	-
-	-	-
-	-	-	-
-
-	

-	-	-

239,669

-

	1,103,830	1,168,468  -	1,197,143	1,329,007

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

243,553	285,483	285,483	326,894	
8,785	19,935	19,935	21,430	
19,923	23,692	23,692	26,999	
22,164	27,488	27,488	31,349	
2,653	4,159	4,159	4,471	
1,368	3,489	3,489	3,751	
-	3,747	3,747	4,028	
-	535	535	575	

298,446	368,528	368,528

419,497

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

5,825	14,042
707	2,795
3,815	9,392
9,097	13,079
67,941	103,911
	3,900	4,550 
	91,285	147,769 

14,042
2,795
9,392
13,079
103,911
4,550

15,095
3,005
10,096
14,060
111,704
4,891

147,769

158,851

	
Actual		
Actual YTD	
	FY 2021		FY 2022	
Office Supplies	10,154		6,303	
Fuel & Lubricants - Vehicle	30,559		21,665	
Operating Supplies and Expenses	6,321		3,598	
Computer Software	2,488		5,480	
Computer Hardware/ Supplies	2,753		4,787	
Fuel & Lubricants - Equipment	12,977		15,878	
Minor Construction Expenses	-			
	139,807	
	
36,700	
-	
	10,359	-	
	-		
Total Administration Capital Outlay:	47,059		-	
				
	TOTAL ADMINISTRATION	1,170,120 			831,531 	
AQUATICS DIVISION			
Personnel			
Regular Salaries	250,268		182,665	
Overtime	8,515		6,589	
FICA	19,644		14,942	
Retirement Contributions	17,448		16,623	
Uniforms	2,477		1,990	
Training, Cont. Educ., and Licensing	2,027		1,026	
Annual PTO	-		-	
Cell Stipend		- 			- 	
Total Aquatics Personnel: 	300,379 			223,835 	
Aquatics Operating			
Operations & Maintenance Svc	13,609		4,369	
Disposal Fees	600		530	
Operating Supplies	7,037		2,861	
Equipment Maintenance	12,066		6,823	
Chemicals	80,562		50,956	
Machinery & Equipment		4,363 			2,925 	
Total Aquatics Operating: 	118,237 			68,464 	
Capital Outlay Aquatics			
Equipment	113,468		9,454	
Building	-		-	
Other	-		-	
Total Aquatics Capital Outlay:	113,468		9,454	
TOTAL AQUATICS DIVISION	532,084		301,753	
STORM WATER MANAGEMENT DIVISION				
Personnel				
Regular Salaries	285,420		165,614	
Overtime	12,084		7,930	

1-31101
1-31102
1-31103

1-16001
1-16002

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

9,454	9,300	9,454
	399,185	525,597 	525,751

220,819	320,610	280,610
10,573	17,445	17,445

15,000

326,656
18,753

593,348

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

Estimate EOY FY 2022	
Orig. Budget FY 2022	Final Amended Budget
FY 2022	
Budget FY 2023	
18,381	26,405	23,345	27,008	
22,497	30,425	26,825	31,087	
2,431	3,878	3,878	4,169	
-	3,698	4,698	5,050	
-	6,377	6,377	6,855	
161	730	730	785	

274,862	409,568	363,908
-
74,673	73,849	73,849
2,561	4,005	4,005
2,389	1,733	1,733
16,336	20,066	20,566
-	35,000	40,000
4,208	6,538	6,538
14,365	30,000	30,000
1,288	1,837	3,337
	6,857	7,236 	8,321
	122,677	180,264 	188,349

420,363

79,388
4,305
1,863
22,108
35,000
7,028
32,250
3,587
9,569
195,098

43,044	44,300	44,300	42,000	
10,000	10,000	10,000	10,000	
-	-	-	-	

1-34101
1-34102
1-34103

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

53,044	54,300	54,300

	450,583	644,132 	606,557

226,645	261,197	246,197	234,662	
13,900	10,762	10,762	11,569	
18,783	21,068	19,920	19,120	
21,496	24,476	23,126	22,161	
5,103	3,314	3,314	3,563	
979	1,274	2,274	2,445	
-	2,957	2,957	3,179	
243	487	487	524	

287,149	325,535	309,037

52,000
667,461

297,223

- 27,000
5,469
15,000
6,997
8,734
-

29,025
5,879
16,125
7,522
9,389
-

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

16,815	27,000
2,924	5,469
12,165	15,000
3,663	6,997
7,488	6,734
	-	- 
	43,055	61,200 

63,200

67,940

Actual	
Actual YTD	
FY 2021	FY 2022	
FICA	22,736	13,786	
Retirement Contributions	27,935	16,873	
Uniforms	2,817	1,823	
Training, Cont. Educ., and Licensing	256	3,482	
Annual PTO	-	-	
Cell Stipend		167 		121 	
Total Storm Water Personnel: 	351,415 		209,629 	
Storm Water Operating		
Operations & Maintenance Svc	79,165	56,005	
Laboratory Services	3,819	1,921	
Disposal Fees	3,083	1,792	
Operating Supplies	19,232	12,252	
Landscape Materials	26,984	16,078	
Vehicle Maintenance	3,501	3,156	
Equipment Maintenance	29,393	10,774	
Chemicals	974	966	
Electricity Services		6,919 		5,143 	
Total Storm Water Operating: 	173,070 		108,087 	
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 DIVI	584,233	370,760	

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
Operating Supplies	12,244
Vehicle Maintenance	6,011
Chemicals	5,809
Maintenance Contracts		43,123 
Total Exotic Plant Operating: 	88,898  Capital Outlay Exotic Plant	

169,984	
	10,425	
	14,087	
	16,122	
	3,827	
	734	
	-	
		182 	
		215,361 	
	12,611	
	2,193	
	9,124	
	2,747	
	5,616	
		32,291 	

Equipment Building Other	
Actual FY 2021
58,961
-
-	
Actual YTD FY 2022		
Estimate EOY FY 2022	
Orig. Budget FY 2022		Final Amended Budget
FY 2022	
Budget FY 2023	
		9,249
-
-	9,249
-
-	9,300
-
-	9,300
-
-	12,000
-
-	
Total Exotic Plant Capital Outlay:	58,961	9,249	9,249	9,300	9,300	12,000	
							
TOTAL EXOTIC PLANT REMOVAL DIVISION	420,316	256,901		339,453		396,035 	381,537	377,163	

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	-	

29,691	

39,588	

48,467	

48,467	

61,102	
	1,312	1,749	5,630	5,630	6,052	
	2,574	3,432	4,138	4,138	5,137	
	3,173	4,231	4,869	4,869	6,044	
	190	253	626	626	673	
	1,137	1,516	1,811	2,811	3,022	
	-	-	499	499	536	
		- 	-	260	260	280	
		38,077 	50,769	66,300	67,300	82,846	
				-		
	6,022	7,029	9,233	10,233	11,000	
	824	1,099	1,809	1,809	1,945	
	3,435	4,580	6,309	6,309	6,782	
		6,815 		9,087		11,032 	11,032	11,859	
		17,096 		21,795		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	79,357		96,748		118,983 	120,983	119,432	

1-35101
1-35102
1-35103

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

Total Operating Expenses	3,026,273	

1-36103

NON-OPERATING INCOME AND EXPENSES	
Other Expense	

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

1-04013
1-04013

	

	

2,052,678		2,674,786	3,198,172	

-	
	- 	
	- 	

300,000	
92,017 	
392,017 	

300,000
	92,017	
	392,017	

		

		

3,166,928	3,409,624

300,000	310,000	
92,017	82,663	
392,017	392,663	

		

		

		

CAPITAL IMPROVEMENT 		
Capital Improvement Program R&R	53,619	-	
Add R&R Funding / Grant Revenue	120,000	-	

 	
56,829	56,829	56,829	64,319	
140,000	140,000	140,000	170,000	

	
Actual FY 2021		
Actual YTD FY 2022		
Estimate EOY FY 2022	
Orig. Budget FY 2022		Final Amended Budget
FY 2022		
Budget FY 2023	
Add SWD funds from City for DS commitment	8,862		-		7,983	7,983	7,983		7,337	
Land Sale Transfer to R&R Funding	-			- 			-		-		-		-	
TOTAL OTHER CAPITAL EXPENSES R&R FUND:	182,481		-		204,812	204,812		204,812	241,656	
										
Total Expenses	$ 3,600,163		$	2,052,678		$  3,271,615	$ 3,795,001		$	3,763,757	$	4,043,943	
										
Total Revenues	$ 3,409,028		$	3,622,822		$  3,669,337	$ 3,358,111		$	3,671,725	$	3,783,376	
										
Surplus/(Deficit)	(191,135)		1,570,144		397,722	(436,890)		(92,032)	(260,567)	

Available Operating Cash Balance (Ending)

 $ 2,305,085	$	3,875,229	$  2,702,807	$ 1,868,195	$	2,213,053  $

1,952,486

Grant Management	
Contractual Services -GM	1,381	1,411	1,442	1,474	
TOTAL GRANT MANAGEMENT	1,381	1,411	1,442	1,474	

	
Forecast	
	FY 2024	FY 2025	FY 2026	FY 2027	
	General Fund Balance (Beginning)	1,952,486	1,723,580	1,716,064	1,863,976	

1-04001			
-	
-	
-	
1-04002			-	-	-	
1-04003			-	-	-	
1-04004			2,000,000	2,000,000	2,000,000	
1-04005			45,569	45,569	45,569	
1-04006			14	15	17	
1-04007			1,660,889	1,928,389	2,142,389	
1-04009			55,600	57,824	60,137	
1-04010			-	-	-	
1-04012			388,259	388,132	392,620	
1-04014				11,741 		11,868 		7,380 	
			$	4,162,072	$	4,431,797	$	4,648,112	

OPERATING REVENUE	
Permit Fees	-	
Grant Revenue	-	
Miscellaneous Fees	-	
Storm Water Drainage Fees From City	2,000,000	
Project Maintenance Fees	45,569	
Interest	13	
Special Maintenance Assessments	1,393,389	
Miscellaneous Income	53,462	
WMB Prepayment	-	
Stormwater Drainage from City for Bond	388,270	
Stormwater Drainage from City for Lake Harvey	7,983	
Total Revenues	$	3,888,686	

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	

1-05001
1-05002

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	

Finance	
Dissemination Agent	500	
Arbitrage	511	
Accounting Services	36,647	
Auditing	14,923	
Banking Services	793	
Property & Casualty Insurance	70,354	
Property Taxes & Assessments	42,766	
TOTAL FINANCE	166,494	

1-05015

1-06001		9,961	10,180	10,404	
1-06003		1,226	1,253	1,281	
1-06005		25,506	26,067	26,640	
1-06009			964 		985 		1,007 	
			37,657 		38,485 		39,332 	

1-07001		500	500	500	
1-07002		522	533	545	
1-07004		37,453	38,277	39,119	
1-07005		15,251	15,587	15,930	
1-07007		810	828	846	
1-07009		60,761	73,976	87,456	
1-07018			42,766 		42,766 		42,766 	
			158,063 		172,467 		187,162 	

1-12001					

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	

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

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 	

	
Forecast	
	FY 2024	FY 2025	FY 2026	FY 2027	
1-13002					
1-13004					
1-13005					
1-13007					

1-19001		30,689	31,364	32,054	
1-23001			3,751 		3,834 		3,918 	
			34,440 		35,198 		35,972 	
					
1-26002			47,697 		48,746 		49,818 	
			47,697 		48,746 		49,818 	
					
1-29002			2,727 		2,787 		2,848 	
			2,727 		2,787 		2,848 	

Engineering Services	
Engineering Services	46,670	
TOTAL ENGINEERING	46,670	

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

ADMINISTRATION DIVISION		
Personnel		
Regular Salaries	388,521	397,068	405,803	414,731	
Overtime	3,888	3,974	4,061	4,150	
FICA	33,039	33,754	34,484	35,231	
Retirement Contributions	37,563	38,389	39,234	40,097	
Health/Life/Dental Insurance	627,710	671,650	718,666	768,973	
Workers Comp	25,822	26,338	26,865	27,402	
Unemployment Insurance	2,291	2,341	2,393	2,446	
Uniforms	2,683	2,742	2,802	2,864	
Training, Cont. Educ., and Licensing	5,206	5,321	5,438	5,558	
Vehicle Allowance	7,200	7,200	7,200	7,200	
Annual PTO	6,167	6,303	6,442	6,584	
Cell Stipend	1,151	1,176	1,202	1,228	
Total Administration Personnel:	1,141,241	1,196,256	1,254,590	1,316,464	
ADMIN Operating		
Other Contractual Services	94,320	96,395	98,516	100,683	
Website Maintenance	10,736	10,951	11,170	11,393	
Water - Irrigation	4,488	4,578	4,670	4,763	
Telephone & Cell Service	11,589	11,821	12,057	12,298	
Postage & Freight	1,200	1,224	1,248	1,273	
Electricity Services	5,404	5,782	6,187	6,620	
Equipment Leasing	3,775	3,851	3,928	4,007	
Administration Maintenance	3,047	3,108	3,170	3,233	
Contingencies - Hurricane	20,400	20,400	20,400	20,400	

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
1-33010
1-33011
1-33018

Forecast

Office Supplies	13,520	13,817	14,121	14,432	
Fuel & Lubricants - Vehicle	44,704	46,939	49,286	51,750	
Operating Supplies and Expenses	7,469	7,633	7,801	7,973	
Computer Software	5,197	5,301	5,407	5,515	
Computer Hardware/ Supplies	-	-	-	-	
Fuel & Lubricants - Equipment	18,187	19,096	20,051	21,054	
Minor Construction Expenses	-	-	-	-	
Total Administration Operating:	244,036	250,896	258,012	265,394	
Capital Outlay Administration		
Equipment	-	-	-	-	
Building	-	-	-	-	
Other	-	-	-	-	
Total Administration Capital Outlay:	-	-	-	-	

1-33019
1-33020
1-33021
1-33022
1-33023
1-33024
1-33025

1-33101
1-33102
1-33103

FY 2024	FY 2025	FY 2026	FY 2027

    
	TOTAL ADMINISTRATION	 	1,385,277  	1,447,152  	1,512,602  	1,581,858 

AQUATICS DIVISION	
Personnel	
Regular Salaries	334,086	341,436	348,948	356,625	
Overtime	21,901	22,383	22,875	23,378	
FICA	27,593	28,200	28,820	29,455	
Retirement Contributions	32,039	32,744	33,464	34,200	
Uniforms	4,569	4,670	4,773	4,878	
Training, Cont. Educ., and Licensing	3,834	3,918	4,004	4,092	
Annual PTO	4,117	4,208	4,301	4,396	
Cell Stipend	588	601	614	628	
Total Aquatics Personnel:	428,727	438,160	447,799	457,652	
Aquatics Operating	
Operations & Maintenance Svc	15,427	15,766	16,113	16,467	
Disposal Fees	3,071	3,139	3,208	3,279	
Operating Supplies	10,318	10,545	10,777	11,014	
Equipment Maintenance	14,369	14,685	15,008	15,338	
Chemicals	114,161	116,673	119,240	121,863	
Machinery & Equipment		4,999 		5,109 		5,221 		5,336 	
Total Aquatics Operating: 	162,345 		165,917 		169,567 		173,297 	
Capital Outlay Aquatics	
Equipment	35,000	-	-	-	
Building	-	-	-	-	
Other	-	-	-	-	
Total Aquatics Capital Outlay:	35,000	-	-	-	
	
 TOTAL AQUATICS DIVISION		626,072	604,077	617,366	630,949	
STORM WATER MANAGEMENT DIVISION	
Personnel	
Regular Salaries	333,842	341,187	348,693	356,364	
Overtime	19,166	19,588	20,019	20,459	

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

1-16001
1-16002

	
Forecast	
	FY 2024	FY 2025	FY 2026	FY 2027	
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		

		

FICA	27,602	28,210	28,830	29,465	
Retirement Contributions	31,771	32,470	33,184	33,914	
Uniforms	4,261	4,355	4,451	4,549	
Training, Cont. Educ., and Licensing	5,161	5,275	5,391	5,510	
Annual PTO	7,006	7,160	7,318	7,479	
Cell Stipend	802	820	838	856	
Total Storm Water Personnel:	429,611	439,065	448,724	458,596	
Storm Water Operating	
Operations & Maintenance Svc	81,135	82,920	84,744	86,608	
Laboratory Services	4,400	4,497	4,596	4,697	
Disposal Fees	1,904	1,946	1,989	2,033	
Operating Supplies	22,594	23,091	23,599	24,118	
Landscape Materials	25,000	25,000	25,000	25,000	
Vehicle Maintenance	7,183	7,341	7,503	7,668	
Equipment Maintenance	32,960	33,685	34,426	35,183	
Chemicals	3,666	3,747	3,829	3,913	
Electricity Services		10,047 		10,549 		11,076 		11,630 	
Total Storm Water Operating: 	188,889 		192,776 		196,762 		200,850 	
Capital Outlay Storm Water	
Equipment	
Building	-	-	-	-	
Other - GIS Mapping	-	-	-	-	
Total Storm Water Capital Outlay:	-	-	-	-	
	
 TOTAL STORM WATER MANAGEMENT DIVI 	618,500	631,841	645,486	659,446	

EXOTIC PLANT REMOVAL DIVISION		
Personnel		
Regular Salaries	239,825	245,101	250,493	256,004	
Overtime	11,824	12,084	12,350	12,622	
FICA	19,541	19,971	20,410	20,859	
Retirement Contributions	22,648	23,147	23,656	24,176	
Uniforms	3,641	3,721	3,803	3,887	
Training, Cont. Educ., and Licensing	2,499	2,554	2,610	2,667	
Annual PTO	3,249	3,320	3,393	3,468	
Cell Stipend	536	548	560	572	
Total Exotic Plant Personnel:	303,763	310,446	317,275	324,255	
Exotic Plant Operating		
Operations & Maintenance Svc	29,664	30,317	30,984	31,666	
Disposal Fees	6,008	6,140	6,275	6,413	
Operating Supplies	16,480	16,843	17,214	17,593	
Vehicle Maintenance	7,687	7,856	8,029	8,206	
Chemicals	9,596	9,807	10,023	10,244	
Maintenance Contracts		- 		- 		- 		- 	
Total Exotic Plant Operating:		69,435 		70,963 		72,525 		74,122 	
Capital Outlay Exotic Plant		

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

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

Forecast

1-35101
1-35102
1-35103

SHOP OPERATIONS DIVISION		
Personnel		
Regular Salaries	62,446	63,820	65,224	66,659	
Overtime	6,185	6,321	6,460	6,602	
FICA	5,250	5,366	5,484	5,604	
Retirement Contributions	6,177	6,313	6,452	6,593	
Uniforms	688	703	718	734	
Training, Cont. Educ., and Licensing	3,088	3,156	3,225	3,296	
Annual PTO	548	560	572	585	
Cell Stipend	286	292	298	305	
Total Shop Personnel:	84,668	86,531	88,433	90,378	
Shop Operating		
Operations & Maintenance Svc	11,242	11,489	11,742	12,000	
Disposal Fees	1,988	2,032	2,077	2,123	
Operating Supplies	6,931	7,083	7,239	7,398	
Machinery & Equipment		12,120 		12,387 		12,660 		12,939 	
Total Shop Operating:		32,281 		32,991 		33,718 		34,460 	
Capital Outlay Shop		
Equipment	-	20,000	-	-	
Building	-	-	-	-	
Other	-	-	-	-	
Total Shop Capital Outlay:	-	20,000	-	-	
		
 SHOP OPERATIONS DIVISION		116,949	139,522	122,151	124,838	

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

FY 2024	FY 2025	FY 2026	FY 2027

Equipment	40,000	-	-	-	
Building	-	-	-	-	
Other	-	-	-	-	
Total Exotic Plant Capital Outlay:	40,000	-	-	-	

 TOTAL EXOTIC PLANT REMOVAL DIVISION 	413,198	381,409	389,800	398,377	

   

NON-OPERATING INCOME AND EXPENSES	
Other Expense	

1-04013
1-04013

Total Operating Expenses

	3,477,923  	3,516,544  	3,617,466  	3,743,407 

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

315,000	325,000	335,000	350,000
	73,270  	63,259  	53,132  	42,620 
	388,270  	388,259  	388,132  	392,620 

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	

Forecast

Add SWD funds from City for DS commitment Land Sale Transfer to R&R Funding

FY 2024	FY 2025	FY 2026	FY 2027
11,730	11,741	11,868	7,380
-	-	-		-	

TOTAL OTHER CAPITAL EXPENSES R&R FUND: 	251,399  	264,785  	278,287  	284,499 

Total Expenses	$

(228,906)	

(7,516)	

147,912	

227,586	
$	1,723,580	$	1,716,064	$	1,863,976	$	2,091,562	

Total Revenues	$

Surplus/(Deficit)

Available Operating Cash Balance (Ending)

4,117,592	$

3,888,686	$

4,169,588	$

4,162,072	$

4,283,885	$

4,431,797	$

4,420,526

4,648,112

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 75 % 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 $168.00 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 no new positions planned for this FY. 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%.

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
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:  $ 256,099

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	$	5,314,743

Rate Stabilization Fund Transfer
0.00%

Board of Supervisors 0.14%

District Manager 0.25%

Property Control 0.33%

Clerk to the Board 0.18%

R & R Transfers 6.68%

Utility Rate
Finance	Consultant

3.56%

0.22%

Legal Services 0.46%

Rate Stabilization Fund 0.90%

	Engineering Services
0.91%

Shop Division
Irrigation Division 3.60%

2%

Administration Division 17.94%

Water Treatment Plant Division 13.16%

Underground Utilities Division 14.97%

Wastewater Treatment Plant Division
10.16%

TOTAL EXPENDITURES	$	10,205,124

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		363,298		$	363,298	
Property Control		33,512		$	33,512	
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	1,290,601	540,339	-	$	1,830,940	
Water Treatment Plant Division	456,599	886,194	-	$	1,342,793	
Wastewater Treatment Plant Division	462,794	574,097	-	$	1,036,891	
Underground Utilities Division	823,763	586,345	117,500	$	1,527,608	
Irrigation Division	68,232	299,391	-	$	367,623	
Shop Division	165,371	32,613	20,000	$	217,984	
Debt Service Payments				2,582,146	
Rate Stabilization Fund Transfer				-	
R & R Transfers				                            681,267 	

0.139%	
0.255%	
3.560%	
0.328%	
0.216%	
0.182%	
0.465%	
0.910%	
17.941%	
13.158%	
10.160%	
14.969%	
3.602%	
2.136%	
25.302%	
0.000%	
      6.676%	

TOTAL EXPENDITURES	$ 3,304,698	$ 3,499,513	$ 137,500	$	10,205,124	

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	
30,000	
     101,634 	

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

TOTAL OPERATING REVENUES	9,568,448	9,574,583	9,528,806	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	5,314,743
TOTAL REVENUES AND FUNDS AVAILABLE	14,577,168	15,432,773	15,386,996	15,185,185

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	
31,173	
20,487	
17,260	
44,709	
86,407	
1,676,621	
1,276,497	
1,035,249	
1,473,136	
358,491	
183,914	
2,588,049	
-	
-	
     891,389 	

14,175	
26,015	
363,298	
33,512	
22,024	
18,555	
47,405	
92,888	
1,830,940	
1,342,793	
1,036,891	
1,527,608	
367,623	
217,984	
2,582,146	
-	
-	
    681,267 	

TOTAL EXPENDITURES	8,718,979	9,984,379	10,072,253	10,205,124

FUND BALANCE, SEPTEMBER 30		5,858,189  	5,448,394  	5,314,743  	4,980,061 

 
Actual YTD FY 2022

Estimate EOY FY 2022

Orig. Budget FY 2022

Final Amended Budget	
FY 2022	

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	

75%	67%
5,858,190  100%	5,858,190	5,858,190

- 2,226,571
2,557,313
1,205,815
53,846
8,850
283,412
175
170,378
220

23,100
9,678
13,028
	10,966 
 $	6,563,352 

9,000
688
	631 
	315 

41,477	
69%
69%
67%
100%
100%
85%
4%
54%
100%

92%
100%
87%
73%
69%

75%
75%
51%
2%

72%	- 2,968,761
3,409,751
1,607,753
53,846
8,850
425,118
175
255,567
293
- 23,100
9,678
13,028
	10,966 		
 $	8,786,886 	 $	

12,000
1,032
	947 		
	13,979 		

57,600	- 3,230,241
3,715,805
1,803,243
38,000
5,000
331,551
4,040
316,332
5,571
- 25,000
4,800
50,000
45,000 
9,574,583 

12,000
918
1,230 
14,148 

77,600	
	434 	29%		651 			1,484 	
	41,911 

- 500
32,485
14,152
21,041
190,218
	779 
	1,590 

1,590
12,152	71%

0%
21%
65%
86%
97%
95%
4%
1%

79%
96%		58,251 		

- 750
48,728
21,228
31,562
190,218
	1,169 		
	293,655 		

2,385
18,228	79,084 

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

2,008
9,649	

0%	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	

5,858,190	
585,405	

-	
3,230,241	
3,715,805	
1,803,243	
53,846	
8,850	
331,551	
4,040	
316,332	
220	
-	
25,000	
9,678	
15,000	
	15,000 	
 $	9,528,806 	

12,000	
918	
	1,230 	
	14,148 	

24,420	
1,595	
	26,015 	

Budget	
FY 2023	

5,314,743	
585,405	
-	
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 	

5-05001	
5-05002	
5-05004	

57,600
	1,484 
	59,084 

2,159	
13,598	

OPERATING EXPENSES		
 Board of Supervisors		
Executive Salaries	11,900	
FICA	910	
Board Meeting Expenses	1,211	
TOTAL BOARD OF SUPERVISORS	14,022	
District Manager		
Management Contract	44,661	
Travel & Per Diem	732	
TOTAL DISTRICT MANAGER	45,393	

5-06002	
5-06003	

5-09001	
5-09003	

2,008	
12,649	

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	
Property Control		
Building & Land Rental	1,561	
Computer Software/Licensing	6,928	

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

 	
1,000	
1,000	
51,018	
17,655	
23,261	
246,764	
22,600	
	363,298 	

Actual	
FY 2021	

Final Amended Budget	
FY 2022	

Budget	
FY 2023	

17,755	
	33,512 	

22,024	
	22,024 	

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

38,638	
8,767	
	47,405 	

Computer Hardware/Supplies	2,082	
TOTAL PROPERTY CONTROL	10,570	

1,652	16,516	16,516	
22,265	28,173	31,173	

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

1,163	16,487	20,487	
1,163	16,487	20,487	

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	

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

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

5-19001	
5-23001	

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

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	
Storm Water Fees	42,355	
Telephone & Cell Service	7,698	

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	
5-29004	
5-29005	

348,968	375,537	375,537	433,702	
6,518	5,147	6,647	7,146	
32,543	36,747	36,862	37,408	
38,268	41,246	41,381	41,874	
525,419	578,494	588,494	689,892	
47,448	35,717	40,817	42,858	
-	2,277	2,277	2,448	
963	3,782	3,782	4,066	
4,289	6,954	6,954	7,476	
6,944	11,236	11,236	12,079	
957	9,357	9,357	10,059	
1,271	1,482	1,482	1,593	
1,013,588	1,107,976	1,124,826		1,290,601 	
		
199,677	205,759	205,759	221,191	
3,833	4,731	4,731	5,086	
8,403	10,437	10,437	11,220	
13,097	82,301	82,301	45,000	
10,389	12,291	12,291	13,213	

	Actual YTD FY 2022		Estimate EOY FY 2022		Orig. Budget FY 2022			
		75%		67%				
5-09004				1,101 	7%						
				14,843 	48%						

5-11001			

	775 	

4%						
				775 	4%						

8,121	

72%	

12,182					
			1,261	78%	1,892					
			1,333	54%	2,000					
				1,731 	92%		2,597 					
				12,446 	72%		18,671 					

7,096	

20%	

10,644		

35,942		

35,942	
	- 	0% 	- 		8,767 		8,767 	
	7,096 	16% 	10,644 		44,709 		44,709 	

5-26002		45,867 	
53% 	68,801 	
	86,407 	
	86,407 	
	45,867 	53% 	68,801 		86,407 		86,407 	

232,645	
62%			
4,345	65%			
21,695	59%			
25,512	62%			
350,279	60%			
31,632
- 642	77%

17%			
2,859	41%			
4,629	41%			
638	7%			
	847 	57%			
	675,723 	60%			

133,118	
65%			
2,555	54%			
5,602	54%			
8,731	11%			
6,926	56%			

67,162	
1,982	
28,720	
6,559	
217,796	
81,478	
371,056	
12,000	
      25,000 	
     811,753 	

-	
40,000	

Actual	
FY 2021	

 
Actual YTD FY 2022

Estimate EOY FY 2022

Orig. Budget FY 2022

Final Amended Budget	
FY 2022	

	

Budget	
FY 2023	

75%	67%

	908,325 

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	

Postage & Freight	25,405	18,390	
Equipment Leasing	2,355	2,618	
Administrative Maintenance	2,594	841	
Contingencies - Hurricane	-	-	
Office Supplies	3,478	2,691	
Fuel & Lubricants - Vehicle	40,004	39,338	
Fuel & Lubricants - Equipment	8,194	8,401	
Minor Construction Expenses	1,212	380	
Project Maintenance Fees	6,685	-	
Contingency (1.5%)	-	-	
Electricity Services	4,165	3,011	
Total Administration Operating:	286,883	232,602	
Capital Outlay Administration		
Equipment	7,970	-	
Building	125,332	-	
Other	-	-	
Total Administration Capital Outlay:	133,301	-	

27,585	30,605	30,605	32,900	
-	2,780	2,780	2,989	
1,262	2,515	2,515	2,704	
-	-	-	-	
4,037	4,996	4,996	5,046	
59,007	52,183	62,633	67,017	
12,602	13,274	15,929	17,044	
570	1,549	1,549	1,665	
-	11,685	11,685	11,685	
-	88,410	58,410	97,629	
4,517	5,174	5,174	5,950	
344,979	528,690	511,795		540,339 	
		
-	-	-	-	
40,000	40,000	40,000	-	
-	-	-		- 	
40,000	40,000	40,000		- 	

60%
94%
33%

54%
63%
53%
25%
0%
0%
58%
45%

0%

	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 	
Capital Outlay WTP	
Equipment	-	
Building	-	

0%

0%

54% 	1,398,567 		1,676,666 		1,676,621 		1,830,940 

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

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

5-30101	
5-30102	

208,143	67%	312,215	308,623	308,623	331,770	
30,130	66%	45,195	44,344	45,344	48,745	
18,086	66%	27,129	27,374	27,451	29,509	
21,562	68%	32,343	31,767	31,857	34,246	
278	14%	417	2,040	2,040	2,193	
1,162	25%	1,743	3,569	4,569	4,912	
-	0%	-	3,538	3,538	3,803	
	787 	60%	1,181	1,322	1,322	1,421	
	280,148 	66%	420,223	422,577	424,744		456,599 	
				
30,778	46%	46,167	67,162	72,199	
348	18%	522	1,982	2,131	
12,890	45%	19,335	28,720	30,874	
2,568	39%	3,852	6,559	7,051	
146,291	67%	219,437	208,796	250,465	
38,401	47%	57,602	81,478	87,589	
301,042	81%	451,563	331,056	398,885	
12,030	100%	-	12,000	12,000	
	23,745 	95% 	- 		25,000 	25,000	
	568,093 	70% 	798,478 		762,753 		886,194 	

-		
-		
-	
18,372	46%	40,000	40,000	-	

Actual	
FY 2021	

 
Actual YTD FY 2022

Estimate EOY FY 2022

Orig. Budget FY 2022

Final Amended Budget	
FY 2022	

	

Budget	
FY 2023	

5-30103

75%	67%

Other	-	
Total WTP Capital Outlay:	-	18,372	

-	-	-	
40,000	40,000	40,000	
		
	1,258,701 	1,225,330	1,276,497	

-	
-

1,342,793	

46%

 	

TOTAL WATER TREATMENT PLANT DIVISION	1,062,751

866,613

68%

WASTEWATER TREATMENT PLANT DIVISION
Personnel

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	

Regular Salaries	272,165
Overtime	35,250
FICA	24,011
Retirement Contributions	28,416
Uniforms	2,772
Training & Education Costs	1,893
Annual PTO	-
Cell Stipend		776 
Total WWTP Personnel: 	365,283 

206,489
42,251
19,590
22,363
1,546
1,182
-
	579 
	294,000 

-	-

309,734	312,645	313,645	337,168	
63,377	40,649	45,649	49,073	
29,385	27,385	27,844	29,933	
33,545	31,796	32,336	34,762	
2,319	2,427	2,427	2,609	
1,773	2,920	3,920	4,214	
-	3,674	3,674	3,950	
869	1,009	1,009	1,085	
441,002	422,505	430,504	462,794	
-		
36,167	27,799	37,799	40,634	
8,354	7,659	8,659	9,308	
17,097	24,679	24,679	26,530	
14,105	14,944	15,944	17,140	
101,652	93,253	93,253	100,247	
190,794	161,277	176,277	202,719	
44,460	50,615	53,615	57,636	
	102,653 		111,519 		111,519 	119,883	
	515,282 		491,745 		521,745 	574,097	

66%
93%
70%
69%
64%
30%
0%
57%

68%

WWTP Operating
Other Contractual Services	29,391
Operations & Maintenance Services	7,448
Laboratory Services	20,942
Operating Supplies	15,363
Sludge Disposal	79,341
Electricity Services	153,831
Plant Maintenance	55,559
Chemicals		78,305 
Total WWTP Operating: 	440,181 

24,111
5,569
11,398
9,403
67,768
127,196
29,640
	68,435 
	343,520 

64%
64%
46%
59%
73%
72%
55%
61%
66%

Capital Outlay WWTP
Equipment	-
Building	-
Other	-
Total WWTP Capital Outlay:	-
TOTAL WASTEWATER TREATMENT PLANT DIVIS	805,464
UNDERGROUND UTILITIES DIVISION
Personnel

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

Regular Salaries	441,922
Overtime	52,669
FICA	36,796
Retirement Contributions	41,941
Uniforms	5,055
Training & Education Costs	2,860
Annual PTO	-
Cell Stipend	1,802

-
-
-
- 637,520

311,808
36,015
26,201
27,207
2,245
2,930
- 1,152

0%

83,000	83,000	83,000	
-	-	-	
-	-	-	
83,000	83,000	83,000	
	
	1,039,284 	997,250	1,035,249	

-	
-	
-	
-	
	
1,036,891	

0%

62%

505,474	611,385	
68,271	73,391	
44,474	53,012	
51,637	61,630	
6,223	6,690	
9,045	9,468	
5,288	5,685	
2,327	2,502	

62%	467,712	503,166
53%	54,023	68,271
59%	39,302	44,297
53%	40,811	51,429
36%	3,368	6,223
32%	4,395	3,045
0%	-	5,288
50%	1,728	2,327

Actual FY 2021

Actual YTD FY 2022

Estimate EOY FY 2022

Orig. Budget FY 2022

Final Amended Budget
FY 2022

Budget FY 2023

Total UGU Personnel: 	583,044 
UGU Operating
Other Contractual Services	296,191
Operations & Maintenance Services	73,276
Operating Supplies	64,095
Electricity Services	37,596
Vehicle Maintenance	32,790
Lift Station Maintenance		4,194 
Total UGU Operating: 	508,142 
Capital Outlay UGU
Equipment	60,444
Building	114
New Meters	-
Other	-		407,558 	
	214,870	
	80,581	
	57,445	
	29,754	
	21,254	
		10,766 	
		414,670 	
	67,304	
	29,500	
	1,050	
	-	
Total UGU Capital Outlay:	60,558		97,854	
			
TOTAL UNDERGROUND UTILITIES DIVISION	1,151,744		920,082	
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	-
Building	-
Other	-	

29,545	
	1,307	
	2,200	
	2,821	
	501	
	40	
	-	
		20 	
		36,434 	
	10,758	
	17,106	
	502	
	89,876	
	11,742	
		- 	
		129,984 	
	21,857	
	-	
	-	
Total IRR Capital Outlay:	-		21,857	
				
		188,275 	

75%	67%
59%	611,339	684,046	692,739		823,763 

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

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

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
5-33102
5-33103

66%	322,305	324,248	324,248
75%	120,872	108,124	108,124
71%	86,168	80,995	80,995
60%	44,631	49,574	49,574
69%	31,881	30,831	30,831
48% 	16,149 		22,625 		22,625 
67% 	622,006 		616,397 		616,397 

52%	130,000	130,000	130,000
94%	31,500	20,000	31,500
42%	1,575	1,050	2,500
-	-	-

60%	163,075	151,050	164,000

62% 	1,396,420 	1,451,493	1,473,136

61%	44,318	45,548	48,048
31%	1,961	4,262	4,262
54%	3,300	3,892	4,083
60%	4,232	4,483	4,708
86%	752	584	584
6%	60	723	723
0%	-	803	803
8%	30	260	260

57%	54,653	60,555	63,471

37%	16,137	29,301	29,301
39%	25,659	44,150	44,150
0%	-	627	627
8%	753	6,693	6,693
58%	134,814	159,650	154,650
37%	17,613	32,004	32,004
0% 	- 		10,836 		1,836 
48% 	194,976 		283,261 		269,261 

85%	25,759	30,000	25,759
-	-	-
-	-	-

85%	25,759	30,000	25,759

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

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

	1,527,608 

51,652
4,582
4,389
5,061
628
777
863
280
	68,232 

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

-
-
	- 
	- 

 TOTAL IRRIGATION DIVISION	275,207 	53% 	275,388 	373,816	358,491		367,623 

Actual	
FY 2021	

 

Actual YTD	
Estimate EOY	
Orig. Budget	
FY 2022	FY 2022	FY 2022	
75%	67%		

 	
Final Amended Budget	
FY 2022	

 	

Budget	
FY 2023	

SHOP & MAINTENANCE OPERATIONS DIVISION
Personnel

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	

Regular Salaries	96,879
Overtime	3,993
FICA	7,560
Retirement Contributions	9,261
Uniforms	591
Training, Cont. Educ., and Licensing	459
Annual PTO	-
Cell Stipend		167 
Total Shop & Maintenance Personnel: 	118,910  Shop & Maintenance Operating
Operations & Maintenance Svc	5,970
Disposal Fees	953
Operating Supplies	5,969
Machinery & Equipment		11,783 
Total Shop & Maintenance Operating: 	24,674  Capital Outlay Shop & Maintenance
Equipment	2,123
Building	-
Other	-
Total Shop & Maintenance Capital Outlay:	2,123

73,910
3,160
5,755
7,031
576
1,308
-
	106 
	91,846 

8,538
583
3,748
	5,923 
	18,792 

14,935
-
-
14,935

69%	110,865

106,535	
6,761	
8,822	
10,197	
1,217	
2,087	
1,614	
          409 	
       137,642 	

106,535	
6,761	
8,822	
10,197	
1,217	
3,087	
1,614	
       409 	
     138,642 	

47%	4,740
65%	8,633
69%	10,547
47%	864
42%	1,962
0%	-
26% 	159 
66% 	137,770 

13,197	
1,706	
5,574	
      9,860 	
      30,337 	

65%	12,807	8,697
34%	875	##	1,706
67%	5,622	-	5,574
60% 	8,885 	- 	9,860 
62% 	28,189 		25,837 

15,000	

15,000		

14,935	
-	
-		
14,935 	

100%	14,935
-
	-	
100% 	14,935	

128,525	
7,268	
10,555	
12,221	
1,308	
3,319	
1,735	
440	
165,371	

14,187	
1,834	
5,992	
10,600	
32,613	

10,000
10,000

20,000

OP & MAINTENANCE OPERATIONS DIVISION	145,707	125,573 	68%		180,894			178,479	183,914 	

NON-OPERATING INCOME AND EXPENSES	
Other Income	
Transfer from Water Connection Fees to Pay Debt	-	-	
5-34001	TOTAL NON-OPERATING INCOME	-	-	
	DEBT SERVICE EXPENSES			
5-27011	Cost of Issuance	-	-	
5-27013	Principal 2014 Bond Issue Refi of 2004	190,000	-	
5-27012	Interest 2014 Bond Issue Refi of 2004	356,235	-	
5-27008	Principal 2011 Bond Issue	1,165,000	-	
5-27007	Interest 2011 Bond issue	512,945	-	
5-27010	Principal 2013 Bond Issue	265,000	-	
5-27009	Interest 2013 Bond issue		108,265 		- 	
	TOTAL DEBT SERV	ICE: 	2,597,445 		- 	
	RATE STABILIZATION			

TOTAL SH

Total Operating Expenses		5,179,881 			3,771,231 	

	

	

	

217,984

57%	6,036,683	6,504,941		6,592,815 	6,941,711

-	-	
-	-	

-	
-	

	-	

-	
190,000	
349,965	
1,200,000	
472,636	
275,000	
     100,448 	
    2,588,049 	

190,000	
349,965	
1,200,000	
472,636	
275,000	
       100,448 	
      2,588,049 	

200,000	
343,695	
1,235,000	
431,116	
280,000	
92,335	
2,582,146	

	- 

0%	190,000	
0%	349,965	
0%	1,200,000	
0%	472,636	
0%	275,000	
0% 	100,448 
0% 	2,588,049 

Actual FY 2021

Actual YTD FY 2022

Estimate EOY FY 2022

Orig. Budget FY 2022

Final Amended Budget
FY 2022

Budget FY 2023

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

75%	67%

	- 
	- 

-

	- 		- 		
	- 		- 		- 	-

CAPITAL IMPROVEMENT & TRANSFERS
Capital Improvement Program - WWTP Expans	
-	
-	
-	
-	
5-28127	Required R&R Transfer to Capital (5%)	481,653	371,412	76%	491,389	491,389		491,389	481,267	
	Additional R&R Transfer for CIP's	460,000	-	0%	400,000	400,000		400,000	200,000	
	Cash Carry Forward for R&R CIP		-			- 			- 	-		-	-	
	TOTAL CI & TRANSFERS EXPENSES:		941,653 		371,412 	42%		891,389 	891,389		891,389	681,267	

	Total Expenses	$	8,718,979	$	4,142,643	41%	$  9,516,121	$	9,984,379		 $	10,072,253 	$ 10,205,124	

	Total Revenues	$	9,568,449	$	6,563,352	69%	$  8,786,886	$	9,574,583		 $	9,528,806 	$  9,870,442	
	
Surplus/(Deficit) Before Transfer from									
	(to) Operating Reserve	849,470	2,420,709	-445%	(729,235)	(409,796)		(543,447)	(334,682)	

	Available Operating Cash Balance (Ending)	$	5,858,190	$	8,278,899	156%	$  5,128,955	$	5,448,394		$	5,314,743	$  4,980,061	
	
*Coverage Provided (Required > 1.10)	
1.75		
0%		
1.29		
1.26	
1.15	
	**Coverage w/R&R deducted (Required > 1.0	1.49		0%		1.11		1.07	1.00	
	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%	

5-09001	
5-09003	

2,206	
13,897	

2,255	2,305	2,356	
14,203	14,515	14,834	

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		
District Manager	
Management Contract	
 Travel & Per Diem		
	TOTAL DISTRICT MANAGER		

5-05001	
5-05002	
5-05004	

5-06002	
5-06003	

Forecast	
FY 2024		FY 2025		FY 2026		FY 2027	

4,980,061		
4,742,140		
4,649,470		
4,536,181	
585,405		585,405		585,405		585,405	
-		-		-		-	
3,452,504	3.5%	3,538,817	2.5%	3,627,287	2.5%	3,717,969	
3,972,946		4,072,270		4,174,077		4,278,429	
1,913,099		1,960,926		2,009,949		2,060,198	
38,000		38,000		38,000		38,000	
5,000		5,000		5,000		5,000	
360,314		369,322		378,555		388,019	
4,040		4,040		4,040		4,040	
343,774		352,368		361,177		370,206	
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 	
 $	10,127,532 		 $	10,378,598 		 $	10,635,940 		 $ 10,899,716 	

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 

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		
Property Control	
Building & Land Rental	
Computer Software/Licensing	

1,022	
2,400	
52,140	
18,043	
23,773	
223,102	
     24,300 	
     344,780 	

1,044	1,067	1,090	
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	
     24,900 			25,500 			26,100 	
     358,624 			373,073 			388,154 	

	26,587 

Forecast	
FY 2024	FY 2025	FY 2026	FY 2027	

 Computer Hardware/Supplies		
 TOTAL PROPERTY CONTROL		

5-09004

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

18,146	18,545	18,953	19,370	
34,249	35,003	35,773	36,560	

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	
5-29004	
5-29005	

 
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	
Storm Water Fees	
Telephone & Cell Service	

 	
443,243	452,994	462,960	473,145	
7,303	7,464	7,628	7,796	
38,231	39,072	39,932	40,811	
42,795	43,737	44,699	45,682	
738,184	789,857	845,147	904,307	
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	
1,353,307	1,419,773	1,490,245	1,564,986	

226,057	
231,030	
236,113	
241,307	
5,198	5,312	5,429	5,548	
11,467	11,719	11,977	12,240	
45,000	45,000	45,000	45,000	
13,504	13,801	14,105	14,415	

	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:	
Capital Outlay WTP	
Equipment	
Building	

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

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

5-30101	
5-30102	

	2,026,797 			2,114,388 			2,172,020 	

339,069	346,529	354,153	361,944	
49,817	50,913	52,033	53,178	
30,158	30,822	31,500	32,193	
35,000	35,770	36,557	37,361	
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	
466,644	476,911	487,403	498,124	

73,787	
2,178	
31,553	
7,206	
262,988	
89,516	
407,660	
12,000	
     25,000 	
     911,888 	

75,410	
2,226	
32,247	
7,365	
276,137	
91,485	
416,629	
12,000	
      25,000 	
     938,499 	

77,069	
2,275	
32,956	
7,527	
289,944	
93,498	
425,795	
12,000	
     25,000 	
     966,064 	

78,765	
2,325	
33,681	
7,693	
304,441	
95,555	
435,162	
12,000	
     25,000 	
    994,622 	

-	
-	

-	
-	

35,000	
-	

-	
-	

Forecast	
FY 2024	FY 2025	FY 2026	FY 2027	

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	

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:	

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	
100,252	103,479	106,795	110,250	
6,248	6,560	6,888	7,232	
555,596	572,024	589,143	607,034	

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

	1,908,903 

Forecast	
FY 2024	FY 2025	FY 2026	FY 2027	

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:	
 TOTAL WASTEWATER TREATMENT PLANT DIVIS	
UNDERGROUND UTILITIES DIVISION	
Personnel	
Regular Salaries	
Overtime	
FICA	
Retirement Contributions	
Uniforms	
Training & Education Costs	
Annual PTO	
Cell Stipend	

5-30103

Other	
Total WTP Capital Outlay:	

 TOTAL WATER TREATMENT PLANT DIVISION

-	-	-	-	
-	-	35,000	-	
	
1,378,532	1,415,410	1,488,467	1,492,746	

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	

344,586	352,167	359,915	367,833	
50,153	51,256	52,384	53,536	
30,591	31,264	31,952	32,655	
35,527	36,308	37,107	37,923	
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	
472,976	483,381	494,017	504,884	

41,528	
42,442	
43,376	
44,330	
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	
212,855	223,498	234,673	246,407	
58,904	60,200	61,524	62,878	
	122,520 		125,215 		127,970 		130,785 	
	592,403 		611,396 		631,106 		651,562 	

-	-	-	-

35,000	-	-	-	
-	-	-	-	
-	-	-	-	
35,000	-	-	-	
	
1,100,379	1,094,777	1,125,123	1,156,446	

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

 	
624,835	
75,006	
54,178	
62,986	
6,837	
12,676	
5,810	
2,557	

	
638,581	
76,656	
55,370	
64,371	
6,987	
15,955	
5,938	
2,613	

	
652,630	
78,342	
56,588	
65,787	
7,141	
16,306	
6,069	
2,670	

	
666,988	
80,066	
57,833	
67,235	
7,298	
16,665	
6,203	
2,729	

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:	
 TOTAL UNDERGROUND UTILITIES DIVISION 	
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	
Building	
Other	
Total IRR Capital Outlay:	
 TOTAL IRRIGATION DIVISION		

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

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

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	
5-33102	
5-33103	

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	
	
1,518,226	1,518,256	1,552,625	1,587,840	

52,788	53,949	55,136	56,349	
4,683	4,786	4,891	4,999	
4,486	4,584	4,685	4,788	
5,172	5,286	5,402	5,521	
642	656	670	685	
794	811	829	847	
882	901	921	941	
286	292	298	305	
69,733	71,265	72,832	74,435	

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 	

-	-	-	-	
-	-	-	-	
-	-	-	-	
-	-	-	-	
	
380,722	394,357	408,556	423,345	

Forecast	
FY 2024	FY 2025	FY 2026	FY 2027	

844,885	866,471	885,533	905,017

Forecast	
FY 2024	FY 2025	FY 2026	FY 2027	

131,353	
7,428	
10,787	
12,490	
1,337	
3,392	
1,773	
       450 	
     169,010 	

134,243	
7,591	
11,024	
12,765	
1,366	
3,467	
1,812	
       460 	
     172,728 	

137,196	
7,758	
11,267	
13,046	
1,396	
3,543	
1,852	
       470 	
     176,528 	

140,214	
7,929	
11,514	
13,333	
1,427	
3,621	
1,893	
      480 	
    180,411 	

14,499	
1,874	
6,124	
     10,833 	
     33,330 	

14,818	
1,915	
6,259	
      11,071 	
      34,063 	

15,144	
1,957	
6,397	
     11,315 	
     34,813 	

15,477	
2,000	
6,538	
     11,564 	
     35,579 	

SHOP & MAINTENANCE OPERATIONS DIVISI	
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:	

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	

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		

202,340	226,791	256,341	215,990

	7,093,579 		7,299,946 		7,588,858 		7,712,293 

	- 		- 		- 		- 
	- 		- 		- 		- 

5-27011	
5-27013	
5-27012	
5-27008	
5-27007	
5-27010	
5-27009	

 
DEBT SERVICE EXPENSES	
Cost of Issuance	
Principal 2014 Bond Issue Refi of 2004	
Interest 2014 Bond Issue Refi of 2004	
Principal 2011 Bond Issue	
Interest 2011 Bond issue	
Principal 2013 Bond Issue	
Interest 2013 Bond issue	
TOTAL DEBT SERVICE:	
RATE STABILIZATION	

 	
210,000	
337,095	
1,270,000	
388,385	
285,000	
     84,075 	
    2,574,555 	

 	
215,000	
330,165	
1,305,000	
344,443	
295,000	
      75,668 	
    2,565,276 	

	
220,000	
323,070	
1,345,000	
299,290	
300,000	
     66,965	
    2,554,325 	

	
230,000	
315,810	
1,380,000	
253,033	
310,000	
     47,871 	
   2,536,714 	

Forecast	
FY 2024	FY 2025	FY 2026	FY 2027	

5-28127

	- 		- 		- 

Transfer Out to Rate Stabilization Fund	
TOTAL RATE STABILIZATION SERVICE:	

CAPITAL IMPROVEMENT & TRANSFERS	
Capital Improvement Program - WWTP Expans	
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 	
 $	10,365,453 	
 $	10,127,532 	

506,046	
100,000	
	- 	
	606,046 	
 $	10,471,268 	
 $	10,378,598 	

506,046	
100,000	
-	
606,046	
	
$ 10,855,053	
	
$ 10,899,716	

	- 		- 		- 

506,046	
100,000	
	- 	
	606,046 	
 $	10,749,229 

 $	10,635,940 

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

(237,921)	
 $	4,742,140 	

(92,670)	
 $	4,649,470 	

(113,289)	44,663

 	
 $	4,536,181 	$	4,580,844

*Coverage Provided (Required > 1.10)	
**Coverage w/R&R deducted (Required > 1.0	

1.22	
1.02	

1.23	
1.03	

1.25	
1.05	

1.27	
1.06	

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

      3.50%			2.50%			2.50%	2.50%	
      3.50%			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 5.0% 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 5.0 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 5.0% 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 17.23% 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 	

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

1,797,652	
2,109,225	
1,297,701	
768,253	
815,103	
895,300	
959,465	
	-						
-	-	-	-	-	-	-	
481,653	491,389	481,267	497,319	506,046	506,046	506,046	
460,000	400,000	200,000	200,000	100,000	100,000	100,000	
	-	-	-	-	-	-	

2,739,305	
3,000,614	
1,978,968	
1,465,572	
1,421,149	
1,501,346	
1,565,511	
	-						
85,594	86,450	215,833	217,991	220,171	222,373	224,597	
64,446	67,669	224,400	235,620	247,401	259,771	272,760	
2,490	32,353	33,000	33,660	34,334	35,022	35,723	
11,745	11,980	12,220	12,464	12,713	12,967	13,226	
-	-	-	-	-	-	-	
334,094	210,000	-		-			
-	-	-	-	-	-	-	
24,141	100,000	-	-	-	-	-	
-	51,651	500,000					
3,662	3,808	3,960	4,117	4,282	4,453	4,631	
57,041		75,000					
8,620	38,000	100,000					
2,897	5,000	5,000	-	-	-	-	
5,716	6,002	6,302	6,617	6,948	7,295	7,660	
-	30,000	30,000					
-							
-		5,000					
-	230,000		-				
-							
3,549							
-			140,000				
26,086	100,000						
-	730,000						
630,080	1,702,913	1,210,715	650,469	525,849	541,881	558,597	
  2,109,225	1,297,701 		768,253 		815,103 		895,300 		959,465 	  1,006,914 	

Estimated Beginning Fund Balance

ADD REVENUES:
5-36001	Interest Revenues
5-36007	5% Required Transfer per Bond Additional Funding
Cash Carry Forward for R&R CIP
TOTAL REVENUES AND FUNDS AVAILABLE DEDUCT EXPENDITURES:

SW001	5-37007	Lift Station Renewal & Replacement	
SW037	5-37009	Emergency Renewal & Replacement Projects	
SW047	5-37013	Structural Repairs Sewer Manholes	
SW049	5-37004	Protective Coating Manholes	
SW050	5-37014	WTP Grounding System Improvements	
SW061	5-37017	Membrane Filter Replacement Program	
SW064	5-37006	Replacement Meters	
SW066	5-37020	WWTF Plant Painting & Sealing of Tanks	
SW069	5-37018	Reuse Irrigation Pump Station Improvements	
SW073	5-37027	Replacement Backflow Preventers	
SW078	5-37028	WTP Painting and Tank sealing	
SW081	5-37029	WTP Calcite Tank Project	
SW084	5-37031	Potable Water Flushing Devices	
SW085	5-37032	Emergency (Association Irrigation) R & R Projects	
SW087	5-37034	Irrigation SCADA Conversion	
SW088	5-37035	High Service Pump Station Control Upgrade	
SW091	5-37038	Irrigation Automatic Flushing Devices	
SW092	5-37039	Repaving Utility site	
SW093	5-37040	Irrigation stormwater transfer line	
SW094	5-37041	Radio telemetry system upgrade	
SW095	5-37042	Step Screen Replacement	
SW096	5-37043	PLC Upgrade	
SW097	5-37044	Sand Filter Replacement and Upgrade	
		TOTAL EXPENDITURES	
		FUND BALANCE, SEPTEMBER 30	

   	

 	   

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	

1,407,961

DEDUCT EXPENDITURES:
SW071	5-38010	WTP RO Modifications	-	-	
SW072	5-38011	High Service Pump/Hydro-tank Expansion	-	-	
SW076	5-38014	Clearwell/Transfer Pump Expansion	-	100,000	
SW077	5-38012	Main Water Line Extension	13,955	588,800	
SW080	5-38013	WTP Concentrate Tank Expansion	-		
2000 and 2004 Bond Refunding Payment		-	-	

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 

   

 	   

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

-	
-	
-	
-	
1,415,000	
    -		

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

Estimated Beginning Fund Balance	-
-
ADD REVENUES:	-
Interest Revenues	-
Loan Revenues	-

TOTAL REVENUES AND FUNDS AVAILABLE	-	

Additional Funding Required		-	

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

DEDUCT EXPENDITURES:	1,415,000	-	-	-	-	-	
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		-				-				-				-				-				-				-