St. Lucie West Services District

PROPOSED BUDGET FOR FISCAL YEAR ENDED
SEPTEMBER 30,	2019

May 23, 2018

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 2019 Proposed Annual Budget and FY 2019-2023 Capital Improvement Plan

Dear Honorable Chairman and Supervisors:

I am pleased to present the annual budget for FY 2019 and the FY 2019-2023 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 2018 and some of the major projects that were completed were:

Several lift stations will be rehabilitated with fencing, driveways and one electrical panel replacement proposed for FY 2018. The lift station restoration project effort will be continued throughout the next several years to ensure that all lift stations are upgraded.
The Wetland #1 vertical relocation TMDL grant monitoring phase finalized in February 2018.
The Lake Harvey stormwater expansion project was completed in November 2017
The Reuse Irrigation Pump Station design and bid is projected to be completed in FY2018 construction planned to be completed in early FY2019.
The Lake Charles Irrigation pump station improvements planned to be completed in FY2019.
If the Calcite tank project is warranted it should be completed in FY2019
The Clear-well and transfer pump expansion project planned to be complete in FY2019
The meter replacement project planned to be completed in FY2019

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

Unreserved Fund Balance as a % of Total
Expenditures

120%

100%

80%

60%

40%

20%

0%

FY 2017

FY 2018

FY 2019

FY 2020

FY 2021

FY 2022

FY 2023

Fiscal Year 2019 reflects positive account activity trends and the recent Refunding of Bonds have placed the District in a better financial position. The refinancing of bonds over the past three years has saved the District over $21,500,000 in debt service while not extending the terms. The District has not raised the Utility Rates since FY2010 due to efficient budgeting and innovative cost saving measures, the proposed budget reflects no increase for the 2018, 2019 and 2020 FY. The Proposed Budget also includes no increase in Maintenance Assessments for the 2019FY and for 2020 FY.

The budget for FY 2019 continues with the five-year forecasting of the District’s financial needs. Looking out over five years, rather than just the upcoming budget year, shows the impact of the immediate operating budget and the effect on the District’s future fiscal health. Immediate decisions, such as whether to spend from our fund balance to pay for a project, can now be aided by a longer-term perspective.

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

General Fund

$6,000,000

$5,000,000

$4,000,000

$3,000,000

$2,000,000

$1,000,000

$‐

FY 2017

FY 2018
Total Revenues

FY 2019

FY 2020
Total Expenses

FY 2021

FY 2022

FY 2023

Available Operating Cash Balance (Ending)

	

	

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

$12,000,000

Utility Fund

$10,000,000

$8,000,000

$6,000,000

$4,000,000

$2,000,000

$‐

FY 2017

FY 2018

FY 2019

FY 2020

FY 2021

FY 2022

FY 2023

Total Revenues

Total Expenses

Total Operating Expenses

        Available Operating Cash Balance (Ending)

Unreserved Utility Fund Balance as a % of Total
Expenditures

90%

80%

70%

60%

50%

40%

30%

20%

10%

0%

FY 2017

FY 2018

FY 2019

FY 2020

FY 2021

FY 2022

FY 2023

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 2019-2023 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
$1,561,494). 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 $390,000 for FY 2019. The General Fund Renewal and Replacement Fund reflects $722,005 in Stormwater improvement projects with a fund balance over $416,000.

We are currently in the process of completing a Revenue Sufficiency Analysis. This study is very important to aid in the adoption of rate increases in the upcoming years. In order to be able to continue with the CIP effort, the District’s Utility system may need to provide additional revenues to fund future projects.

I believe the Department Heads and Staff have tried to address the concerns of the Board and have been diligent in keeping expenditures down while providing quality service to the residents throughout the year. I would like to thank the Staff for all their hard work in addressing these major issues.

We respectfully submit the FY 2019 budget for your review and consideration.

Sincerely,

Dennis M. Pickle
Dennis M. Pickle District Manager

ST. LUCIE WEST SERVICES DISTRICT
FY 2018/2019 BUDGET

TABLE OF CONTENTS

Budget Summary
Budget Summary…	1
General Fund
General Fund Budget Overview…	2
General Fund Revenues & Expenditures…	4
General Fund Budget Summary	6
General Fund Budget & Five-Year Operating Forecast.	7
General Fund Renewal & Replacement Summary	17
General Fund Budget Account Descriptions and Assumptions…	18
Water & Sewer Fund
Water & Sewer Fund Budget Overview…	26
Water & Sewer Fund Revenues & Expenditures…	28
Water & Sewer Fund Budget Summary.	30
Water & Sewer Fund Budget & Five-Year Operating Forecast…	31
Water & Sewer Fund Account Descriptions and Assumptions.	43
Water & Sewer Fund Capital Funding Revenue & Expenditures.	53
Water & Sewer Fund Renewal & Replacement Fund…	54
Water & Sewer Fund Water Connection Fee Fund…	55
Water & Sewer Fund Wastewater Connection Fee Fund.	56
Other Funds
Debt Service Fund – Water Management Benefit Series 2013 & 2014 Five-
Year Operating Forecast…	57
Debt Service Fund – Cascades Series 2010 Five-Year Operating Forecast…	58

BUDGET SUMMARY
St. Lucie West Services District - Fiscal Year 2019

ESTIMATED REVENUES	

GENERAL FUND	

DEBT SERVICE	

CAPITAL PROJECTS	

UTILITY FUNDS	

CONNECTION FEE FUNDS	

TOTAL ALL FUNDS	
Non-Ad Valorem WMB Assessment	$194 per ERU Until 2025	$ 2,066,907				$	2,066,907	
Non-Ad Valorem Special Maintenance Assessment $106 per ERU	$ 1,088,890					$	1,088,890	
Storm Water Drainage Fees From City	$ 1,800,872					$	1,800,872	
City Special Assessment for Bond	$	388,223					$	388,223	
Other General Fund Revenues
Utility Rate Revenues	41,053			
$	8,424,859		$	41,053
$	8,424,859	
Other Utility Fund Revenues General Fund R&R
Storm Water Drainage Fees From City - To R&R Utility Fund R&R
Water Connection Fee Fund			

$	11,777	$	642,733	

$	3,902	$	642,733
$	-

$	-
$	3,902	
Wastewater Connection Fee Fund					$	3,126	$	3,126	
TOTAL SOURCES	$ 3,319,038	$ 2,066,907	$	11,777	$	9,067,592	$	7,028	$	14,472,342	
Transfer In From General Fund		388,223	$	104,445			$	492,668	
Transfer In for Utility Fund R&R			$	1,240,989			$	1,240,989	
TOTAL REVENUES & TRANSFERS IN	$ 3,319,038	$ 2,455,130	$	1,357,211	$	9,067,592	$	7,028	$	16,205,999	
							
EXPENDITURES							
General Fund	$ 2,985,999					$	2,985,999	
General Fund Personnel	$ 1,904,441						
General Fund Operating	$	907,558						
General Fund Capital Outlay
General Fund R&R	$	174,000		
$	722,005			
$	722,005	
Utility Operating Fund				$	5,773,853		$	5,773,853	
Utility Fund Personnel				$	2,691,533			
Utility Fund Operating				$	2,879,270			
Utiity Fund Capital Outlay				$	203,050			
Debt Service Utility Fund R&R
Water Connection Fee Fund		$ 2,330,726	
$	1,561,494	$	2,708,655	

$	1,200,000	$	5,039,381
$	1,561,494
$	1,200,000	
Wastewater Connection Fee Fund					$	-	$	-	
TOTAL EXPENDITURES	$ 2,985,999	$ 2,330,726	$	2,283,499	$	8,482,508	$	1,200,000	$	17,282,732	
Transfer Out to General Fund R&R	$	104,445					$	104,445	
Transfer Out to 2014 Bond	$	388,223					$	388,223	
Transfer Out to Utility Fund R&R				$	1,240,989		$	1,240,989	
TOTAL EXPENDITURES AND TRANSFERS OUT	$ 3,478,667	$ 2,330,726	$	2,283,499	$	9,723,497	$	1,200,000	$	19,016,389	
Fund Balance/Reserves	$ 2,672,062	$	383,079	$	1,738,839	$	5,966,082	$	1,467,317	$	12,227,379	

NET ENDING BALANCE	
$ 2,512,433	
$	507,483	
$	812,551	
$	5,310,177	
$	274,345	
$	9,416,989	

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

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

In the Governmental Funds, separate accounting funds are set up for the bonded debt service and proceeds from bond issues. There are three such funds at St. Lucie West Services District. These three funds are shown on the last three pages of this budget. Separate assessments on the District property owners are assigned exclusively for the Water Management Benefit Series 2013 and the Cascades Series 2010 Debt Service Funds. The proceeds of these assessments can be used for no other purpose than the debt service of these two bond issues. The District recently refunded the Water Management Benefit Series 2010 bond at a savings of $16.00 per ERU per year through 2025 the total savings was $6,208,920 and did not extend the term. The Cascades Bond was paid off in 2018.

We have divided the general fund budget into two parts: the operating budget and the capital budget.

The capital budget is for infrastructure improvements, system expansion to handle customer growth, renewal and replacements, service extensions, additions, or extraordinary repairs. The addition of a Renewal and Replacement Fund will be utilized to fund these projects.

We anticipate finishing the current fiscal year with a deficit due to the purchase of the Trails Club House and 10 acres for stormwater improvements. We are budgeting for a deficit in FY 2019 due to the 6B Relocation Project. The General Fund for both FY 2018 and 2019 will have a fund balance exceeding
$2,500,000. This also means that the District will have sufficient cash flow to carry operating costs until the General Fund starts receiving revenue from the maintenance assessments in November and the  Storm Water Fees from the City of Port St. Lucie in January.

Certain decisions, especially in the capital improvement program, made during the budget process have an impact which extends to multiple fiscal years and not only the year for which the budget is approved. In order to demonstrate this impact, five (5) year forecasts have been developed for each system for both the operating and capital budgets.

Assumptions Used in Preparing the Budget

Inflation – The following inflationary rates are utilized; for the regular salaries line item the rate increased to 2.1% for FY 2019 and was based upon the change in the U.S. Bureau of Labor Statistics Consumer Price Index ‐ All Urban Customers, U.S. City Average, Services, for most other line items, where applicable, a general inflationary rate of 2% is utilized. There are some exceptions such as health insurance 10% this year, and liability insurance 3.01% this year for which national projections call for continuing increases. Energy costs are expected to grow at an inflation rate of 1.86% for FY 2019 as well.

Rate Adjustment – The Special Assessment rate of $106.00 per ERU proposed within this year’s budget for FY 2019 which reflects no increase over the FY 2018 Budget.

The ERU numbers are expected to remain the same in FY 2019. We expect revenues in most categories to remain the same per year for each of the next five years. Fiscal years 2019 and 2020 reflects no increase but 2021, 2022 and 2023 reflect a $5.00 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 a number of years. The typical interest rates charged for lease financing are significant, and therefore the District can save a significant amount by purchasing the items. All equipment purchase will be paid for outright at the time of purchase.

A summary of the funding sources for all system capital projects budgeted in FY 2019 are as follows: The Aquatics Division is requesting the replacement of a 2009 F‐350 at $50,000 and the replacement of a 2014 John Deere UTV for $12,000; The Administration Division has no Capital requests for FY 2019; The Exotic Plant Removal Division has no Capital requests for FY 2019. The Stormwater Division is budgeting $35,000 for the replacement of a 2009 Kubota tractor, $9,000 for the replacement of a 2015 Kawasaki Mule,
$16,000 for the replacement of a 2007 Woods Mower and $9,000 for the replacement of a 2016 Kawasaki Mule. The Shop Division is requesting $55,000 for the replacement of a 2010 Ford F‐350 which will be split with the UT Department. The General Fund Renewal and Replacement Fund Project is for emergency storm water projects in the amount of $162,005 and $560,000 for the relocation of the 6B Stormwater gate. The total for the list of capital R&R items is $722,005 in the General Fund for FY 2019 and will leave a fund balance of over $416,000.

Project Maintenance Fees 1.22%
Interest 0.00%

Permit Fees 0.00%

Miscellaneous Fees 0.01%

City for Stormwater Bond Payment 12.01%

Special Assessments 32.69%

Storm Water Drainage Fees 54.07%

TOTAL REVENUES	$ 3,330,815

PERCENT
     TOTALS 	REVENUES	

Storm Water Drainage Fees	1,800,872	54.07%	
Special Assessments	1,088,890	32.69%	
City for Stormwater Bond Payment	400,000	12.01%	
Interest	30	0.00%	
Project Maintenance Fees	40,569	1.22%	
Permit Fees	-	0.00%	
Miscellaneous Fees	 	454	 	0.01%	
TOTAL OPERATIONAL REVENUE	$ 3,330,815	100.00%	

GENERAL FUND PRIOR YEARS BALANCE	
$ 2,672,062		

Aquatics Division

1% 0%

Stormwater Maintenance Division

Administration Division

1%

1%
1%

0%

Exotic Plant Removal Division

1%
3%
4%

4%

11%

17%

Finance

19%

Capital Improvement Projects R&R Fund

Legal Services

10%

27%

Shop Operations Engineering Services District Manager Board of Supervisors Clerk to the Board
Pollution Control

Debt Service 2014 Bond

Grant Management

TOTAL EXPENDITURES	$ 3,490,444

PERCENT
CAPITAL
PERSONNEL  OPERATING  OUTLAY      TOTALS	EXPENDITURES

Aquatics Division	354,351	185,289	62,000	601,640	17.24%	
Stormwater Maintenance Division	452,695	136,595	81,000	670,290	19.20%	
Administration Division	777,317	171,588	-	948,905	27.19%	
Exotic Plant Removal Division	211,154	127,755	-	338,909	9.71%	
Finance		139,609		139,609	4.00%	
Capital Improvement Projects R&R Fund				116,222	3.33%	
Legal Services		46,916		46,916	1.34%	
Shop Operations	64,006	25,951	31,000	120,957	3.47%	
Engineering Services		39,658		39,658	1.14%	
District Manager	32,000	12,054		44,054	1.26%	
Board of Supervisors	12,918	2,500		15,418	0.44%	
Clerk to the Board		13,403		13,403	0.38%	
Pollution Control		5,058		5,058	0.14%	
Debt Service 2014 Bond				388,223	11.12%	
Grant Management	 	1,182	1,182	 	0.03%	
TOTAL EXPENDITURES	$ 1,904,441 $ 907,558 $ 174,000 $ 3,490,444	99.99%	

St. Lucie West Services District General Fund Budget Summary

ADD REVENUES:	 	FY 2017	
 	ACTUAL		 	FY 2018	 ORIGINAL BUDGET	 	FY 2018	
 	ESTIMATE		 	FY 2019	
     PROPOSED		
Special Assessments	1,122,932	1,080,890	1,088,890	1,088,890	
Stormwater Drainage Fees	1,765,393	1,762,872	1,800,872	1,800,872	
City Stormwater Drainage Fee for Bond	400,000	400,000	400,000	400,000	
Other Revenues	 	47,048	 	1,108,605	 	1,146,729	 	41,053	
TOTAL OPERATING REVENUES	3,335,373	4,352,367	4,436,491	3,330,815	
FUND BALANCE, October 1	3,078,332	3,314,713	3,314,713	2,672,062	
TOTAL REVENUES AND FUNDS AVAILABL	6,413,705	7,667,080	7,751,204	6,002,877	

DEDUCT EXPENDITURES:
Board of Supervisors	

11,349	

15,365	

15,365	

15,418	
District Manager	23,852	28,297	27,333	44,054	
Finance	79,914	153,167	139,567	139,609	
Grant Management	-	1,157	1,157	1,182	
Clerk to the Board	9,870	13,115	13,115	13,403	
Legal Services	22,353	48,906	45,906	46,916	
Engineering Services	33,349	33,304	38,804	39,658	
Pollution Control	-	4,949	4,949	5,058	
Administration Division	842,014	1,236,734	1,433,749	948,905	
Aquatics Division	470,778	563,268	611,978	601,640	
Stormwater Maintenance Division	730,645	577,924	641,594	670,290	
Exotic Plant Removal Division	310,407	490,218	498,594	338,909	
Shop Operations	108,225	115,920	88,255	120,957	
Capital Improvement Projects R&R	66,780	1,129,627	1,127,359	116,222	
Capital Debt Service 2014 Bond	389,456	391,417	391,417	388,223	
TOTAL EXPENDITURES	3,098,992	4,803,368	5,079,142	3,490,444	
FUND BALANCE, SEPTEMBER 30	 	3,314,713	 	2,863,712	 	2,672,062	 	2,512,433	

-
- 454
1,800,872
40,569
30
1,088,890
-
-
-

388,223
11,777		
$	3,330,815		

12,000
918
2,500		
15,418		

8,176
3,071
32,000
807		
44,054		

2,030
1,818
33,415
15,308
3,022
55,706
- 28,310		
139,609		

		
Actual FY 2017		
Actual YTD FY 2018		
Estimate EOY FY 2018		
Orig. Budget FY 2018		Final Amended Budget
FY 2018		
Budget FY 2019	
	
General Fund Balance (Beginning)	
3,078,332		
3,314,713		
3,314,713		
3,314,713		
3,314,713		
2,672,062	
	OPERATING REVENUE												
1-04001	Permit Fees	12,348				-		-		-			
1-04002	Grant Revenue	-		5,867		10,058		-		5,732			
1-04003	Miscellaneous Fees	-				-		437		437			
1-04004	Storm Water Drainage Fees From City	1,765,393		1,686,787		1,800,000		1,762,872		1,800,872			
1-04005	Project Maintenance Fees	-				40,569		41,141		40,569			
1-04006	Interest	67		48		82		27		27			
1-04007	Special Maintenance Assessments	1,122,932		1,002,176		1,069,432		1,080,890		1,088,890			
1-04008	Interfund Transfers	-				-		-		-			
1-04009	Miscellaneous Income	34,633		43,259		43,259		-		40,964			
1-04010	WMB Prepayment
Land Sale	-
-				-		-
1,067,000		-
1,059,000			
1-04012	Stormwater Drainage from City for Bond	389,367		200,000		391,417		391,417		391,417			
1-04014	  Stormwater Drainage from City for Lake Harvey R&R	10,633	 		 	8,583	 	8,583	 	8,583	
	Total Revenues	$	3,335,373	$	2,938,137	$	3,363,400	$	4,352,367	$	4,436,491	

1-05001	OPERATING EXPENSES
Board of Supervisors
Executive Salaries	

9,800	

6,671	

11,436	

12,000	

12,000	
1-05002	FICA	801	523	897	918	918	
1-05015	   Board Meeting Expenses	749	 	446	 	765	 	2,447	 	2,447	
	 	TOTAL BOARD OF SUPERVISORS	11,349	 	7,640	 	13,098	 	15,365	 	15,365	

1-06001	District Manager
Assessment Fees & Costs	
8,125	
8,000	
8,964	
8,964	
8,000	
1-06003	Operations & Maintenance Services	523	245	420	3,005	3,005	
1-06005	Management Contract	15,204		-	15,538	15,538	
1-06009	   Travel & Per Diem	-	 		 	-	 	790	 	790	
	 	TOTAL DISTRICT MANAGER	23,852	 	8,245	 	9,384	- 	28,297	 	27,333	
	Finance						
1-07001	Dissemination Agent	-		-	2,030	2,030	
1-07002	Arbitrage	-		-	1,779	1,779	
1-07004	Accounting Services	28,532	13,286	22,776	34,696	32,696	
1-07005	Auditing	11,350		-	16,978	14,978	
1-07007	Banking Services	136	137	235	3,957	2,957	
1-07009	Property & Casualty Insurance	9,246	49,983	54,614	54,614	54,614	
1-07015	Office Supplies/Delete	152		-	-	-	
1-07018	  Property Taxes & Assessments	30,499	 	23,808	 	28,000	 	39,113	 	30,513	
	 	TOTAL FINANCE	79,914	 	87,214	 	105,625	 	153,167	 	139,567	
	Grant Management				
	
1-12001	Contractual Services -GM	-	 		 	-	1,157	1,157	1,182	
	 	TOTAL GRANT MANAGEMENT	-	 	-	 	-   -	1,157	1,157	
1,182	
	
Clerk to the Board							
1-13002	Other Contractual Services	6,507	3,822	6,552	7,966	7,966	8,141	
1-13004	Postage & Freight	689	348	597	1,328	1,328	1,357	
1-13005	Printing & Binding	1,262	583	999	2,340	2,340	2,391	
1-13007	   Legal Ads	1,412	 	488	 	837	 	1,481	 	1,481	1,514	
	 	TOTAL CLERK TO THE BOARD	9,870	 	5,241	 	8,985	 	13,115	 	13,115	13,403	

 	

Estimate EOY FY 2018

Orig. Budget FY 2018

Final Amended Budget
FY 2018

Budget FY 2019

Legal Services
1-19001	General Counsel
1-23001 Special Counse
 	TOTAL LEGAL COUNSE

Engineering Services
1-26002 Engineering Service
 	TOTAL ENGINEERIN

Pollution Control
1-29002 Regulatory & Permit Fee
 	TOTAL POLLUTION CONTRO

ADMINISTRATION DIVISION
Personnel
1-15001	Regular Salaries
1-15002	Overtime
1-15003	FICA
1-15004	Retirement Contributions
1-15005	Health/Life/Dental Insurance
1-15006	Workers Comp
1-15007	Unemployment Insurance
1-15010	Uniforms
1-15012	Training, Cont. Educ., and Licensing 1-15013	Vehicle Allowance
1-15014	Annual PTO
1-15015 Cell Stipend

23,143	41,832	39,832

40,708
6,208		
46,916		

 	1,241	 	7,074	 	6,074
 	24,384   - 	48,906	 	45,906

39,658		
39,658		

 	38,589	 	33,304	 	38,804
 	38,589   - 	33,304	 	38,804

5,058
5,058

 	-	 	4,949	 	4,949
 	-   - 	4,949	 	4,949

228,010
835
18,329
18,237
207,065
17,616
- 1,687
1,054
7,200
5,758
-

243,404
1,971
21,041
23,482
394,109
18,908
4,884
1,687
3,199
7,200
5,758
1,170

243,404
1,971
21,041
23,482
394,109
18,908
4,884
1,687
4,199
7,200
5,758
1,170

249,489
2,020
22,811
25,516
433,520
19,286
5,006
1,724
3,270
7,200
6,279
1,196

ADMIN Operating

Total Administration Personnel:

 	505,791	726,813	727,813	777,317

1-33001	Other Contractual Services 1-33002	Website Maintenance
1-33004	Water - Irrigation
1-33005	Telephone & Cell Service 1-33006	Postage & Freight
1-33007	Electricity Services
1-33010	Equipment Leasing
1-33011	Administration Maintenance 1-33018	Contingencies - Hurricane 1-33019	Office Supplies
1-33020	Fuel & Lubricants - Vehicle
1-33021	Operating Supplies and Expenses 1-33022	Computer Software
1-33023 Computer Hardware/ Supplies 1-33024 Fuel & Lubricants - Equipment 1-33025 Minor Construction Expenses
Total Administration Operating: Capital Outlay Administration
1-33101 Equipment
1-33102 Building
1-33103 Other

56,377
3,975
3,583
11,865
926
2,499
216
1,944
125
4,577
26,229
4,272
4,351
1,329
7,934
1,500

56,377
3,325
3,197
13,647
1,069
5,402
3,852
4,166
20,400
4,132
26,141
8,729
3,136
2,500
13,101
-

56,377
4,225
3,997
12,647
1,069
4,402
3,852
3,666
20,400
4,632
27,141
7,729
3,636
2,500
13,601
1,000

52,505
4,310
4,077
13,920
1,090
5,510
3,929
4,250
20,400
4,725
28,498
7,884
3,709
2,500
14,281
-

 	131,702	169,174	170,874	171,588

-

-

- 340,747
-

- 368,247
166,815

-
-
-

Actual	
Actual YTD	
FY 2017	FY 2018	

21,148	

13,500	
l	1,205	 	724	
L	22,353	 	14,224	

s	33,349	
 	22,510	
G	33,349	 	22,510	

s	-	
 	-	
L	-	 	-	

220,105	
133,006	
1,111	487	
16,075	10,692	
19,205	10,638	
396,733	189,810	
18,789	10,276	
-		
841	1,000	
335	615	
6,900	3,943	
89	4,869	
 	-	 	-	
 	680,183	 	365,336	
36,154	32,675	
3,485	2,319	
3,920	2,090	
8,322	6,921	
592	540	
3,303	1,458	
3,271	126	
1,757	1,134	
22,134	73	
2,547	2,670	
24,879	15,300	
10,607	2,492	
2,863	2,538	
1,010	775	
14,023	4,628	
-	875	
138,864	76,614	

-		
22,967		
-	-	
22,967	-	

N	842,014		
	 	441,950	

Total Administration Capital Outlay:

 	TOTAL ADMINISTRATIO

 	-	340,747	535,062	-

 	637,493	 	1,236,734	 	1,433,749	948,905

Actual FY 2017
AQUATICS DIVISION
Personnel
Regular Salaries	238,828
Overtime	13,553
FICA	19,356
Retirement Contributions	21,626
Uniforms	2,899
Training, Cont. Educ., and Licensing	2,041
Annual PTO	180
Cell Stipend	 	75
Total Aquatics Personnel: 	298,558
Aquatics Operating
Operations & Maintenance Svc	6,799
Disposal Fees	4,110
Operating Supplies	5,883
Equipment Maintenance	14,259
Chemicals	99,805
Machinery & Equipment	 	7,565
Total Aquatics Operating: 	138,420
Capital Outlay Aquatics
Equipment	33,800
Building	-
Other	-	
Actual YTD	
	FY 2018	

130,878	
	6,861	
	10,613	
	11,109	
	1,853	
	924	
	752	
	 	99	
	 	163,089	
	5,063	
	921	
	2,909	
	6,659	
	48,411	
	 	1,189	
	 	65,152	
	27,609	
	3,421	
	-	
Total Aquatics Capital Outlay:	33,800	31,030	
			
TOTAL AQUATICS DIVISION	470,778	259,271	
STORM WATER MANAGEMENT DIVISION
Personnel
Regular Salaries	317,604
Overtime	18,125
FICA	25,766
Retirement Contributions	30,073
Uniforms	1,941
Training, Cont. Educ., and Licensing	137
Annual PTO	38
Cell Stipend	 	-
Total Storm Water Personnel: 	393,685 Storm Water Operating
Operations & Maintenance Svc	15,036
Laboratory Services	2,322
Disposal Fees	1,805
Operating Supplies	12,754
Storm Ditch Maint	18,201
Landscape Materials	8,190
Vehicle Maintenance	8,829
Equipment Maintenance	20,354
Chemicals	- -
Electricity Services	 	2,967
Total Storm Water Operating: 	90,457 Capital Outlay Storm Water
Equipment	246,503
Building	-
Other - GIS Mapping	-	

178,074	
	7,423	
	14,761	
	17,669	
	1,360	
	384	
	2,186	
	 	-	
	 	221,857	
	27,603	
	840	
	525	
	3,810	
	207	
	18,546	
	2,084	
	11,066	
	36	
	 	1,526	
	 	66,243	
	7,900	
	5,732	
Total Storm Water Capital Outlay:	246,503	13,632	
			
TOTAL STORM WATER MANAGEMENT DIVISION	730,645	301,732	

	
Estimate EOY FY 2018		
Orig. Budget FY 2018		Final Amended Budget
FY 2018		
Budget FY 2019	
1-14001			224,362		268,631		269,631		275,024	
1-14002			11,762		16,889		16,889		17,311	
1-14003			18,194		22,225		22,302		22,764	
1-14004			19,044		25,697		25,787		26,310	
1-14008			3,843		3,843		3,843		3,920	
1-14010			1,584		3,713		3,713		3,787	
1-14011			1,289		4,313		4,313		4,531	
1-14012			170		690		690		704	
			 	280,248			346,001		347,168	354,351	
1-31001			8,679	11,031	10,031	10,232	
1-31003			1,579	5,432	4,432	4,521	
1-31005			4,987	7,735	6,735	6,870	
1-31009			11,415	14,502	14,502	14,792	
1-31011			82,990	141,857	136,524	143,350	
1-31012			 	2,038	 	6,710	 	5,710	5,524	
			 	111,688	 	187,267	 	177,934	 	185,289	
1-31101			27,609	30,000	75,333	62,000	
1-31102			5,865	-	11,543	-	
1-31103			-	-	-	-	
			 	33,474	
 	425,410	30,000	
 	563,268	86,876	
 	611,978		62,000
601,640	
1-16001	305,270	337,934	345,934	354,582	
1-16002	12,725	18,816	18,816	19,286	
1-16003	25,305	27,932	28,544	29,358	
1-16004	30,290	32,107	32,827	33,648	
1-16008	3,583	3,583	3,583	3,655	
1-16010	658	2,224	2,224	2,269	
1-16011	7,506	7,506	7,506	9,010	
1-16012	-	870	870	887	
	 	385,337		430,972		440,304	452,695
-	
1-34001	47,319	15,758	51,053	37,074	
1-34002	1,440	3,083	8,083	8,245	
1-34004	900	2,081	2,081	2,123	
1-34005	6,531	14,952	13,952	14,231	
1-34006	355	-	500	-	
1-34007	31,793	35,000	40,000	35,000	
1-34008	3,573	12,443	11,443	11,672	
1-34009	18,970	21,783	21,783	22,219	
1-34011	62	3,080	2,080	2,184	
1-34014	 	2,616	 	3,772	 	3,772	3,847	
	 	113,559	 	111,952	 	154,747	 	136,595	
1-34101			-	-	-	81,000	
1-34102			9,826	35,000	46,543	-	
1-34103			-	-	-	-	
			 	9,826	
 	508,722	35,000	
 	577,924	46,543	
 	641,594		81,000
670,290	

		
Actual		
Actual YTD		
Estimate EOY		
Orig. Budget		Final Amended
Budget		
Budget	
		FY 2017		FY 2018		FY 2018		FY 2018		FY 2018		FY 2019	
	
EXOTIC PLANT REMOVAL DIVISION							
	Personnel							
1-17001	Regular Salaries	150,890	84,771	145,322	163,221	162,221	166,277	
1-17002	Overtime	9,344	1,441	2,470	5,661	5,661	5,803	
1-17003	FICA	12,421	6,935	11,889	13,233	13,156	13,489	
1-17004	Retirement Contributions	14,679	8,220	14,091	15,199	15,109	15,487	
1-17008	Uniforms	1,998	1,441	2,470	3,562	3,562	3,633	
1-17010	Training, Cont. Educ., and Licensing	885	283	485	2,176	2,176	2,220	
1-17011	Annual PTO	-	1,139	3,643	3,643	3,643	3,786	
1-17012	Cell Stipend	 	-	 	-	-	450	450	459	

Total Exotic Plant Operating: 	120,190 Capital Outlay Exotic Plant

 	70,795

 	106,437	 	127,217	 	125,217	 	127,755

Equipment Building Other

Total Exotic Plant Capital Outlay:

-
-
-
-

134,768
4,755
-
139,523

- 8,151
-
8,151

155,856
-
-
155,856

155,856
11,543
-
167,399

-
-
-
-

TOTAL EXOTIC PLANT REMOVAL DIVISION

310,407

314,548

 	294,958	 	490,218	 	498,594	338,909

Total Exotic Plant Personnel: 	190,217
Exotic Plant Operating	 	104,230	 	180,370	207,145	205,978	211,154
-	
1-35001	Operations & Maintenance Svc	24,547	10,416	17,856	25,688	25,688	26,202	
1-35003	Disposal Fees	6,900	3,920	6,720	7,375	7,375	7,523	
1-35004	Operating Supplies	18,596	9,201	15,773	18,333	18,333	18,700	
1-35006	Vehicle Maintenance	8,968	3,041	5,213	9,406	9,406	9,594	
1-35008	Chemicals	3,645	1,094	1,875	7,415	6,415	6,736	
1-35010	Maintenance Contracts	 	57,535	 	43,123	 	59,000	 	59,000	 	58,000	59,000	

1-35101
1-35102
1-35103

	SHOP OPERATIONS DIVISION		
	Personnel		
1-18001	Regular Salaries	49,109	20,865	35,769	54,953	44,953	45,852	
1-18002	Overtime	5,623	2,376	4,073	5,651	5,651	5,792	
1-18003	FICA	4,216	1,931	3,310	4,731	3,966	3,951	
1-18004	Retirement Contributions	5,064	1,599	2,741	5,454	4,554	4,648	
1-18013	Uniforms	424	274	470	778	778	794	
1-18015	Training, Cont. Educ., and Licensing	545	848	1,454	1,673	1,673	1,706	
1-18016	Annual PTO	-	462	792	998	998	1,018	
1-18017	Cell Stipend	 	-	 	-	-	240	240	245	
Total Shop Personnel: 	64,981	 	28,355	 	48,609	74,478	62,813	64,006
Shop Operating	-	
1-36001	Operations & Maintenance Svc	10,659	4,925	8,443	11,270	7,270	7,415	
1-36002	Disposal Fees	2,894	745	1,277	3,652	2,652	2,705	
1-36003	Operating Supplies	9,524	3,194	5,475	9,328	5,328	5,435	
1-36006	Machinery & Equipment	 	17,219	 	5,784	 	9,915	 	17,192	 	10,192	10,396	
		Total Shop Operating: 	40,297	 	14,648	 	25,110	 	41,442	 	25,442	 	25,951	
	Capital Outlay Shop						
1-36101	Equipment	2,947	-	-	-	-	31,000	
1-36102	Building	-	-	-	-	-	-	
1-36103	Other	-	-	-	-	-	-	

Total Shop Capital Outlay:

2,947

-

SHOP OPERATIONS DIVISION

108,225

43,003

 	-	-	-	31,000

 	73,719	 	115,920	 	88,255	120,957

Total Operating Expenses	2,642,756	1,505,578	2,140,367	3,282,324	3,560,366	2,985,999

	
Actual		
Actual YTD		
Estimate EOY		
Orig. Budget		Final Amended
Budget		
Budget		
	FY 2017		FY 2018		FY 2018		FY 2018		FY 2018		FY 2019		
NON-OPERATING INCOME AND EXPENSES
Other Expense													

DEBT SERVICE EXPENSES													
1-04013	Principal 2014 Bond Issue - sent to Trustee	255,000					265,000		265,000	270,000		
1-04013	Interest 2014 Bond issue - sent to Trustee	 	134,456	 			 			 	126,417		 	126,417	118,223		
TOTAL DEBT SERVICE: 	389,456	 	-		 	-		 	391,417		 	391,417	 	388,223		
CAPITAL IMPROVEMENT										
Capital Improvement Program R&R	56,147					54,044		54,044	54,445		
Add R&R Funding / Grant Revenue	-					-		5,732	50,000		
Add SWD funds from City for DS commitment	10,633					8,583		8,583	11,777		
Land Sale Transfer to R&R Funding	 	-	 			 			 	1,067,000		 	1,059,000	-		
TOTAL OTHER CAPITAL EXPENSES R&R FUND:	66,780	-		-		1,129,627		1,127,359	116,222		
										
Total Expenses	$	3,098,992	$	1,505,578		$	2,140,367		$	4,803,368		$	5,079,142	$	3,490,444		
										
Total Revenues	$	3,335,373	$	2,938,137		$	3,363,400		$	4,352,367		$	4,436,491	$	3,330,815		
										
Surplus/(Deficit)	236,381	1,432,559		1,223,033		(451,001)		(642,651)	(159,629)		

Available Operating Cash Balance (Ending)

   $	3,314,713	$	4,747,272	$	4,537,746	$	2,863,712	$	2,672,062	$

2,512,433

Forecast

Budget FY 2019

FY 2020	FY 2021	FY 2022	FY 2023

	General Fund Balance (Beginning)

OPERATING REVENUE	2,672,062	2,512,433		2,285,930		1,840,580		1,524,227	
1-04001	Permit Fees	-	-		-		-		-	
1-04002	Grant Revenue	-	-		-		-		-	
1-04003	Miscellaneous Fees	454	472		491		511		531	
1-04004	Storm Water Drainage Fees From City	1,800,872	1,800,872		1,800,872		1,800,872		1,800,872	
1-04005	Project Maintenance Fees	40,569	40,569		40,569		40,569		40,569	
1-04006	Interest	30	33		36		40		44	
1-04007	Special Maintenance Assessments	1,088,890	1,088,890		1,142,390		1,142,390		1,142,390	
1-04008	Interfund Transfers	-	-		-		-		-	
1-04009	Miscellaneous Income	-	-		-		-		-	
1-04010	WMB Prepayment	-	-		-		-		-	
1-04012	Stormwater Drainage from City for Bond	388,223	390,091		391,138		392,017		392,017	
1-04014	Stormwater Drainage from City for Lake Harvey R&R	11,777	9,909		8,862		7,983		7,983	
	Total Revenues	$	3,330,815	$ 3,330,836		$	3,384,358		$	3,384,382		$	3,384,406	
	
OPERATING EXPENSES									
	Board of Supervisors									
1-05001	Executive Salaries	12,000	12,000		12,000		12,000		12,000	
1-05002	FICA	918	918		918		918		918	
1-05015	Board Meeting Expenses	2,500	2,555		2,611		2,668		2,727	
	TOTAL BOARD OF SUPERVISORS	15,418	15,473		15,529		15,586		15,645	
	
District Manager									
1-06001	Assessment Fees & Costs	8,176	8,356		8,540		8,728		8,920	
1-06003	Operations & Maintenance Services	3,071	3,139		3,208		3,279		3,351	
1-06005	Management Contract	32,000	43,312		44,265		45,239		46,234	
1-06009	Travel & Per Diem	807	825		843		862		881	
	TOTAL DISTRICT MANAGER	44,054	55,632		 	56,856		 	58,108		 	59,386	
	
Finance									
1-07001	Dissemination Agent	2,030	2,030		2,030		2,030		2,030	
1-07002	Arbitrage	1,818	1,858		1,899		1,941		1,984	
1-07004	Accounting Services	33,415	34,150		34,901		35,669		36,454	
1-07005	Auditing	15,308	15,645		15,989		16,341		16,701	
1-07007	Banking Services	3,022	3,088		3,156		3,225		3,296	
1-07009	Property & Casualty Insurance	55,706	68,820		59,196		60,380		61,588	
1-07018	Property Taxes & Assessments	28,310	28,310		 	28,310		 	28,310		 	28,310	
	TOTAL FINANCE	139,609	153,901		 	145,481		 	147,896		 	150,363	
	
Grant Management									
1-12001	Contractual Services -GM	1,182	1,208		1,235		1,262		1,290	
	TOTAL GRANT MANAGEMENT	1,182	1,208		1,235		1,262		1,290	
	
Clerk to the Board									
1-13002	Other Contractual Services	8,141	8,320		8,503		8,690		8,881	
1-13004	Postage & Freight	1,357	1,387		1,418		1,449		1,481	

Printing & Binding	2,391
Legal Ads	1,514	2,444
1,547	
TOTAL CLERK TO THE BOARD	13,403	13,698	

1-13005					2,498		2,553		2,609	
1-13007					1,581		1,616		1,652	
					14,000		14,308		14,623	
	
Legal Services									
1-19001	General Counsel	40,708	41,604		42,519		43,454		44,410	
1-23001	Special Counsel	6,208	6,345		6,485		6,628		6,774	
	TOTAL LEGAL COUNSEL	46,916	47,949		49,004		50,082		51,184	
	
Engineering Services									
1-26002	Engineering Services	39,658	40,530		41,422		42,333		43,264	
	TOTAL ENGINEERING	39,658	40,530		41,422		42,333		43,264	
	
Pollution Control									
1-29002	Regulatory & Permit Fees	5,058	5,169		5,283		5,399		5,518	
	TOTAL POLLUTION CONTROL	5,058	5,169		5,283		5,399		5,518	
	
ADMINISTRATION DIVISION									
	Personnel									
1-15001	Regular Salaries	249,489	335,726		344,119		352,722		361,540	
1-15002	Overtime	2,020	2,071		2,123		2,176		2,230	
1-15003	FICA	22,811	30,290		31,022		31,772		32,540	
1-15004	Retirement Contributions	25,516	34,300		35,146		36,012		36,900	
1-15005	Health/Life/Dental Insurance	433,520	483,866		517,737		553,979		592,758	
1-15006	Workers Comp	19,286	19,672		20,065		20,466		20,875	
1-15007	Unemployment Insurance	5,006	5,131		5,259		5,390		5,525	
1-15010	Uniforms	1,724	1,762		1,801		1,841		1,882	
1-15012	Training, Cont. Educ., and Licensing	3,270	3,342		3,416		3,491		3,568	
1-15014	Annual PTO	6,279	6,417		6,558		6,702		6,849	
1-15015	Cell Stipend	1,196	1,222		1,249		1,276		1,304	
Total Administration Personnel: 	777,317	930,999	975,695	1,023,027	1,073,171
ADMIN Operating	
1-33001	Other Contractual Services	52,505	53,555	54,626	55,719	56,833	
1-33002	Website Maintenance	4,310	4,396	4,484	4,574	4,665	
1-33004	Water - Irrigation	4,077	4,159	4,242	4,327	4,414	
1-33005	Telephone & Cell Service	13,920	14,198	14,482	14,772	15,067	
1-33006	Postage & Freight	1,090	1,112	1,134	1,157	1,180	
	Electricity Services	5,510	5,620	6,013	6,434	6,884	
1-33010	Equipment Leasing	3,929	4,008	4,088	4,170	4,253	
	Administration Maintenance	4,250	4,335	4,422	4,510	4,600	
1-33018	Contingencies - Hurricane	20,400	20,400	20,400	20,400	20,400	
1-33019	Office Supplies	4,725	4,820	4,916	5,014	5,114	
1-33020	Fuel & Lubricants - Vehicle	28,498	29,923	31,419	32,990	34,640	
1-33021	Operating Supplies and Expenses	7,884	8,042	8,203	8,367	8,534	
1-33022	Computer Software	3,709	3,783	3,859	3,936	4,015	
1-33023	Computer Hardware/ Supplies	2,500	2,500	2,500	-	-	
1-33024	Fuel & Lubricants - Equipment	14,281	14,995	15,745	16,532	17,359	
1-33025	Minor Construction Expenses	-	-	-	-	-	
	Total Administration Operating:	171,588	175,846	180,533	182,902	187,958	

-
-
-

-
-
-

-
-
-

-
-
-

-
-
-

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

 	TOTAL ADMINISTRATION	948,905	1,106,845 	1,156,228 	1,205,929 	1,261,129

	AQUATICS DIVISION
Personnel		
1-14001	Regular Salaries	275,024	281,900	288,948	296,172	303,576	
1-14002	Overtime	17,311	17,744	18,188	18,643	19,109	
1-14003	FICA	22,764	23,331	23,913	24,508	25,119	
1-14004	Retirement Contributions	26,310	26,968	27,642	28,333	29,042	
1-14008	Uniforms	3,920	3,998	4,078	4,160	4,243	
1-14011	Annual PTO	4,531	4,622	4,714	4,808	4,904	
1-14012	Cell Stipend	704	718	732	747	762	
Total Aquatics Personnel: 	354,351	363,144	372,155	381,390	390,854
Aquatics Operating	
1-31001	Operations & Maintenance Svc		10,232	10,437		10,646		10,859		11,076	
1-31003	Disposal Fees		4,521	4,611		4,703		4,797		4,893	
1-31005	Operating Supplies		6,870	7,007		7,147		7,290		7,436	
1-31009	Equipment Maintenance		14,792	15,088		15,390		15,698		16,012	
1-31011	Chemicals		143,350	150,518		158,044		165,946		174,243	
1-31012	Machinery & Equipment		5,524	5,334		5,141		4,944		4,743	
		Total Aquatics Operating:	185,289	192,995		201,071		209,534		218,403	
	Capital Outlay Aquatics										
1-31101	Equipment		62,000	-		100,000		-		-	
1-31102	Building		-	-		-		-		-	
1-31103	Other		-	-		-		-		-	
Total Aquatics Capital Outlay: 	62,000	-	100,000	-	-	
	TOTAL AQUATICS DIVISION	601,640	556,139	673,226	590,924	609,257	
	
STORM WATER MANAGEMENT DIVISION						
	Personnel						
1-16001	Regular Salaries	354,582	363,447	372,533	381,846	391,392	
1-16002	Overtime	19,286	19,768	20,262	20,769	21,288	
1-16003	FICA	29,358	30,088	30,837	31,603	32,389	
1-16004	Retirement Contributions	33,648	34,489	35,352	36,235	37,141	
1-16008	Uniforms	3,655	3,728	3,803	3,879	3,957	
1-16011	Annual PTO	9,010	9,190	9,374	9,561	9,752	
1-16012	Cell Stipend	887	905	923	941	960	
Total Storm Water Personnel: 	452,695	463,929	475,444	487,241	499,334
Storm Water Operating	
1-34001	Operations & Maintenance Svc	37,074	37,815	38,571	39,342	40,129	
1-34002	Laboratory Services	8,245	8,410	8,578	8,750	8,925	
1-34004	Disposal Fees	2,123	2,165	2,208	2,252	2,297	
1-34005	Operating Supplies	14,231	14,516	14,806	15,102	15,404	

1-34006     Storm Ditch Maint	-	-	-	-	-
1-34007    Landscape Materials	35,000	25,000	25,000	25,000	25,000
1-34008    Vehicle Maintenance	11,672	11,905	12,143	12,386	12,634
1-34009    Equipment Maintenance	22,219	22,663	23,116	23,578	24,050
1-34011    Chemicals	2,184	2,293	2,408	2,528	2,654
1-34014    Electricity Services	3,847	 	3,885 	4,157 	4,365 	4,583
Total Storm Water Operating: 	136,595	 	128,652 	130,987 	133,303 	135,676

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

14,000	-	-	-

81,000
-
-

-	-	-	-
-	-	-	-

Total Storm Water Capital Outlay: 	81,000	14,000	-	-	-	
	TOTAL STORM WATER MANAGEMENT DIVISION	670,290	606,581	606,431	620,544	635,010	
	
EXOTIC PLANT REMOVAL DIVISION						
	Personnel						
1-17001	Regular Salaries	166,277	170,434	174,695	179,062	183,539	
1-17002	Overtime	5,803	5,948	6,097	6,249	6,405	
1-17003	FICA	13,489	13,824	14,168	14,521	14,882	
1-17004	Retirement Contributions	15,487	15,874	16,271	16,678	17,095	
1-17008	Uniforms	3,633	3,706	3,780	3,856	3,933	
1-17011	Annual PTO	3,786	3,862	3,939	4,018	4,098	
1-17012	Cell Stipend	459	468	477	487	497	
Total Exotic Plant Personnel: 	211,154	216,380	221,736	227,226	232,851
Exotic Plant Operating	
1-35001	Operations & Maintenance Svc		26,202	26,726		27,261		27,806		28,362	
1-35003	Disposal Fees		7,523	7,673		7,826		7,983		8,143	
1-35004	Operating Supplies		18,700	19,074		19,455		19,844		20,241	
1-35006	Vehicle Maintenance		9,594	9,786		9,982		10,182		10,386	
1-35008	Chemicals		6,736	7,073		7,427		7,798		8,188	
1-35010	Maintenance Contracts		59,000	59,000		59,000		59,000		-	
		Total Exotic Plant Operating:	127,755	129,332		130,951		132,613		75,320	
	Capital Outlay Exotic Plant										
1-35101	Equipment		-	27,000		126,000		-		-	
1-35102	Building		-	-		-		-		-	
1-35103	Other		-	-		-		-		-	
Total Exotic Plant Capital Outlay: 	-	27,000	126,000	-	-	
	TOTAL EXOTIC PLANT REMOVAL DIVISION	338,909	372,712	478,687	359,839	308,171	
	
SHOP OPERATIONS DIVISION						
	Personnel						
1-18001	Regular Salaries	45,852	46,998	48,173	49,377	50,611	
1-18002	Overtime	5,792	5,937	6,085	6,237	6,393	
1-18003	FICA	3,951	4,050	4,151	4,254	4,361	
1-18004	Retirement Contributions	4,648	4,764	4,883	5,005	5,130	
1-18013	Uniforms	794	810	826	843	860	
1-18016	Annual PTO	1,018	1,038	1,059	1,080	1,102	

Forecast
FY 2020	FY 2021	FY 2022	FY 2023

1-18017 Cell Stipend

Shop Operating

250

255

260

265

245

Total Shop Personnel:	64,006	65,587	67,207	68,867	70,569

1-36001     Operations & Maintenance Svc	7,415	7,563	7,714	7,868	8,025
1-36002    Disposal Fees	2,705	2,759	2,814	2,870	2,927
1-36003    Operating Supplies	5,435	5,544	5,655	5,768	5,883
1-36006     Machinery & Equipment	10,396	 	10,604 	10,816 	11,032 	11,253
Total Shop Operating: 	25,951	 	26,470 	26,999 	27,538 	28,088

Capital Outlay Shop
1-36101 Equipment
1-36102 Building
1-36103 Other

-	-	-	-

31,000
-
-

-	-	-	-
-	-	-	-
Total Shop Capital Outlay:	31,000	-	-	-	-

SHOP OPERATIONS DIVISION	120,957	92,057	94,206	96,405	98,657

Total Operating Expenses	2,985,999	3,067,894	3,337,588	3,208,615	3,253,497 NON-OPERATING INCOME AND EXPENSES
Other Expense

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

CAPITAL IMPROVEMENT									
Capital Improvement Program R&R	54,445	54,445	57,120	57,120	57,120	
Add R&R Funding / Grant Revenue	50,000	35,000	35,000	35,000	35,000	
Add SWD funds from City for DS commitment	11,777	9,909	8,862	7,983	7,983	
Land Sale Transfer to R&R Funding	-	-	-	-	-	
   
TOTAL OTHER CAPITAL EXPENSES R&R FUND: 	116,222	99,354 	100,982 	100,103 	100,103

Total Expenses

  $	3,490,444	$ 3,557,339

   $	3,829,708

  $	3,700,735

   $	3,745,617

Total Revenues	$	3,330,815	$ 3,330,836		   $	3,384,358		  $	3,384,382		   $	3,384,406	
									
Surplus/(Deficit)	(159,629)	(226,503)		(445,350)		(316,353)		(361,211)	

Available Operating Cash Balance (Ending)

  $	2,512,433	$ 2,285,930

$	1,840,580

$	1,524,227

$	1,163,016

Budget FY 2019

GENERAL FUND RENEWAL & REPLACEMENT FUND

Actual FY
 	2017	 	FY 2018	FY 2019 FY 2020 FY 2021 FY 2022	FY 2023 

Estimated Beginning Fund Balance	989,285	523,399	1,022,330	416,547	352,248	282,005	211,872

ADD REVENUES:

Grant Revenue	5,732
Interest Revenues	-	-	-	-	-	-
5% Recommended Annual Transfer + Additional Annual Transfer	56,147	54,044	54,445	54,445	54,445	57,120	57,120	
Additional funds from General Surplus Funds	-	1,059,000	50,000	35,000	35,000	35,000	35,000	
Excess Storm Water Fees - Bonds	 	10,633	8,583	11,777	11,501	8,862	7,983	7,983

TOTAL REVENUES AND FUNDS AVAILABLE	1,056,065	1,650,758	1,138,552	517,493	450,555	382,108	311,975

DEDUCT EXPENDITURES:
WM001	1-46001     Stormwater Emergency Renewal and Replacement	115,208	158,828	162,005	165,245	168,550	170,236	171,938
WM013	1-46003	Basin 4E & 5	102,737	-	-	
WM014	1-46004	Basin 2C Wetland Vertical Relocation & Storage	15,781	
WM017	1-46007	Street to Pond Repairs (POA)	-	-	-	-	-	-	
WM018	1-46008	Basin 2C 3B interconnect	-	-	-	-	-	-	
WM019	1-46009	Lake Harvey Improvements	298,940	-	-	-	-	-	
	1-46013	Lift Station #1 Relocation	-	400,000	-	-	-	-	-	
WM020	1-46014	6B Relocation Project	-	34,600	560,000	-	-	-	-	
WM021	1-46015	CCE Stormwater Improvement Projects	 	-			 	35,000		 			 	-			 	-			 	-			 	-		
		TOTAL EXPENDITURES	532,666		628,428		722,005		165,245		168,550		170,236		171,938	
		FUND BALANCE, SEPTEMBER 30	 	523,399		1,022,330		416,547		352,248		282,005		211,872		140,037	

REVENUE SOURCES

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

General Fund Revenues

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

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

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

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

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

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

Special Assessments
Non-advalorem tax revenue received from the property owners of the District for the maintenance and operational costs of the District. The special assessment fee proposed rate is $106.00 per ERU.

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

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

OPERATING EXPENSE’S

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

Board of Directors

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

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

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

District Manager

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

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

Management Contract
Charges directly relating to the District Manager’s service contract. The charge for FY 2019 is based on the salary difference of the Utility Director salary and the Contract for the District Manager which is shared between the Water & Sewer Fund 50% and the General Fund 50%.

Travel & Per Diem
Charges billed directly from 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 FY2019 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 FY2019 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 2.1% 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 2019 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 2019.

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 FY2019 shows an increase of 5%.

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

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

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

Fuel & Lubricants-Equipment
Fuel purchased for all equipment used in the General Fund. Such equipment includes tractors, mowers, boats, and pumps. The FY-2019 Budget assumes a 5% increase.

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

General Fund Administration Division – Capital Outlay

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

Building
This code is for buildings or land purchases over $1,000. Move the new Administration Building into this fiscal year split with the UT Fund.

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

AQUATICS DIVISION

Aquatics Personnel

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

Aquatics Division (Operating)

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

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

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

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

Chemicals
This includes all chemicals used for aquatic weed control herbicides, algaecides, Sonar, and Strike for midge flies.

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

General Fund Aquatics Division – Capital Outlay

Equipment; Building; Other
The above categories are the same as described in the Administration Budget. Replace 2009 F-350 truck for $50,000 and replace a 2014 John Deere UTV for $12,000 in FY19. No other expenditures planned for this fiscal year.

STORM WATER MAINTENANCE DIVISION

Storm Water Maintenance Personnel

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

Storm Water Maintenance Division (Operating)

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

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

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

Landscape Materials
This line item includes plant material for stormwater banks and preserves.

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

General Fund Storm Water Division – Capital Outlay

Equipment; Building; Other
The above categories are the same as described in the Administration Budget. Plan to replace a 2015 Kawasaki Mule for $9,000, replace a 2009 Kubota Tractor for $35,000, replace a 2007 Woods mower for $16,000 and $12,000 for the fork lift replacement which will be split between several departments in 2019FY. No other expenditures planned for this fiscal year.

EXOTIC PLANT REMOVAL DIVISION

Exotic Plant Removal Personnel

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

Exotic Plant Removal Division (Operating)

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

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

General Fund Exotic Plant Removal Division – Capital Outlay

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

SHOP OPERATION DIVISION

Shop Operational Personnel

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

Shop Operations Division (Operating)

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

General Fund Shop Operations Division – Capital Outlay

Equipment; Building; Other
The above categories are the same as described in the Administration Budget. Proposed replacement of 2010 F-350 truck for $55,000 which is split with the UT Fund and replace a tire machine for $7,000.

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

Emergency Stormwater Repairs: $ 162,005 6B Relocation Project:	$560,000

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 2018 with a deficit due in part to the new administration building expansion project. The Proposed Budget for FY 2019 reflects no Rate Increase. The Proposed Budget for FY 2019 anticipates a deficit due to several major R&R Projects.

Assumptions Used in Preparing the Budget

Inflation – The following inflationary rates are utilized; for the regular salaries line item the rate increased to 2.1% for FY 2019 and was based upon the change in the U.S. Bureau of Labor Statistics Consumer Price Index - All Urban Customers, U.S. City Average, Services, for most other line items, where applicable, a general inflationary rate of 2% is utilized. There are some exceptions such as health insurance 10% this year, and liability insurance 3.01% this year for which national projections call for continuing increases. Energy costs are expected to grow at an inflation rate of 1.86% as well.

Rate Adjustment – There is no rate adjustment planned for FY 2019 in this budget based on the current factors. The Rate Stabilization Fund balance is expected to exceed $530,000 for FY2019.

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

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

Capital Improvement Program

The capital improvement program has several items for your review, a total cost in FY 2019 of
$2,964,544. In a continuation of a change started in FY 2006, we are proposing to continue to pay for the capital items directly rather than financing the purchase over a number of years. The typical interest rates charged for lease financing are significant, and therefore the District can save a significant amount by purchasing these items rather than leasing them. The Renewal and Replacement Fund Budget is $1,561,494; the Water Connection Fee Budget is $1,200,000; the Wastewater Connection Fee Budget is $0 and the Capital Outlay Budget is $203,050 for FY 2019.

Major capital projects contained in the capital budget for FY 2019 include the continuation of the Lift Station Renewal and Replacement project at $140,390, Emergency Renewal and Replacement Projects at $191,926, Lake Charles Irrigation Pump Station improvements at $500,000, main water line extension at $400,000 and meter replacement program at $396,653 (FY 2019). The Renewal and Replacement Fund also includes funding for emergency repairs to Association irrigation system. The Water Connection Fee Fund has one major project planned for FY2019 the water treatment plant clearwell/transfer pumps expansion project estimated at $800,000. The Wastewater Connection Fee Fund has no major projects planned for FY2019. The Capital Outlay Budget propose the replacement of several vehicles and start the construction on the new administration building all totaling for
$202,000 for the Utility Fund.

AFPI Revenue $2,484.00 0.03%

Other Operating Revenue
$81,921.00 0.90%

Wholesale Water & Wastewater $558,328.00 6.16%

Billed Water Revenues
$3,074,024.00 33.90%

Billed Irrigation Revenue
$1,787,401.00 19.71%

Billed Wastewater Revenues $3,563,434.00 39.30%

TOTAL REVENUES	$	9,067,592		

 	TOTALS		
PERCENT
 	REVENUES		
Billed Water Revenues	$ 3,074,024.00	33.901%	
Billed Wastewater Revenues	$ 3,563,434.00	39.299%	
Billed Irrigation Revenue	$ 1,787,401.00	19.712%	
Wholesale Water & Wastewater	$	558,328.00	6.157%	
AFPI Revenue	$	2,484.00	0.027%	
Other Operating Revenue	  $	81,921.00	 	0.903%	
TOTAL REVENUE	$	9,067,592	100.00%	

W&S PRIOR YEARS FUND BALANCE	
$	5,966,082		

Board of Supervisors 0.16%

District Manager 0.34%

Property Control 0.10%

Clerk to the Board 0.19%

Rate Stabilization Fund Transfer
0.00%

Finance 3.09%

Utility Rate Consultant 0.16%

R & R Transfers 12.76%

Legal Services 0.51%

 	 Engineering Services
0.48%

Rate Stabilization Fund 0.90%

Shop Division

Irri 2% Division

gation

3.54%

Administration Division 14.98%
Water Treatment Plant Division
Wastewater Treatment	11.42% Plant Division
Underground Uti9lit.i9e4s% Division  12.61%

TOTAL EXPENDITURES	$	9,723,497

PERCENT
CAPITAL
PERSONNEL OPERATING	OUTLAY 	TOTALS		EXPENDITURES

Board of Supervisors	12,918	2,175		$	15,093	0.155%	
District Manager	32,000	1,395		$	33,395	0.343%	
Finance		300,736		$	300,736	3.093%	
Property Control		9,512		$	9,512	0.098%	
Utility Rate Consultant		15,506		$	15,506	0.159%	
Clerk to the Board		18,277		$	18,277	0.188%	
Legal Services		49,614		$	49,614	0.510%	
Engineering Services		46,688		$	46,688	0.480%	
Administration Division	1,002,708	453,591	-	$	1,456,299	14.977%	
Water Treatment Plant Division	400,570	686,145	24,000	$	1,110,715	11.423%	
Wastewater Treatment Plant Division	426,552	515,527	24,000	$	966,079	9.936%	
Underground Utilities Division	622,512	491,744	112,050	$	1,226,306	12.612%	
Irrigation Division	64,127	267,718	12,000	$	343,845	3.536%	
Shop Division	130,146	20,642	31,000	$	181,788	1.870%	
Debt Service Payments				2,708,655	27.857%	
Rate Stabilization Fund Transfer				-	0.000%	
R & R Transfers	 	1,240,989	 	12.763%

TOTAL EXPENDITURES

$ 2,691,533

$ 2,879,270

$  203,050	$

9,723,497

100.00%

 	FY 2017	
 	ACTUAL	

ADD REVENUES:	 	FY 2018	 ORIGINAL BUDGET	 	FY 2018	
 	ESTIMATE		 	FY 2019	
   PROPOSED 	
Billed Water Revenues	3,083,455	3,062,953	3,070,953	3,074,024	
Billed Wastewater Revenues	3,582,871	3,529,874	3,559,874	3,563,434	
Billed Irrigation Revenue	1,784,330	1,801,615	1,785,615	1,787,401	
Wholesale Water & Wastewater	560,789	558,183	558,183	558,328	
AFPI Revenue	12,842	2,484	16,619	2,484	
Other Operating Revenue	 	114,222	 	81,738	 	118,559	 	81,921	
TOTAL OPERATING REVENUES	9,138,509	9,036,847	9,109,803	9,067,592	
NON-OPERATING INCOME AND EXPENSES					
Transfer from WCF to Pay Debt	-	-	-	-

TOTAL NON-OPERATING REVENUES	-	-	-	-

FUND BALANCE, October 1	6,494,475	6,990,618	6,990,618	5,966,082	
TOTAL REVENUES AND FUNDS AVAILABLE	15,632,984	16,027,465	16,100,421	15,033,674	

DEDUCT EXPENDITURES:
Board of Supervisors	

11,376	

15,546	

15,046	

15,093	
District Manager	15,988	17,449	16,949	33,395	
Finance	95,431	296,874	280,874	300,736	
Property Control	5,564	8,253	8,253	9,512	
Utility Rate Consultant	14,488	15,172	15,172	15,506	
Clerk to the Board	13,212	17,883	17,883	18,277	
Legal Services	22,353	51,736	53,736	49,614	
Engineering Services	59,003	50,773	45,773	46,688	
Administration Division	1,318,136	2,155,790	2,096,100	1,456,299	
Water Treatment Plant Division	1,026,154	1,069,445	1,069,463	1,110,715	
Wastewater Treatment Plant Division	781,656	975,588	972,540	966,079	
Underground Utilities Division	1,212,091	1,270,984	1,273,011	1,226,306	
Irrigation Division	288,131	334,664	324,624	343,845	
Shop Division	-	-	145,250	181,788
Debt Service Payments	2,524,782	2,523,091	2,670,879	2,708,655
Rate Stabilization Fund Transfer Out			-			-			-			- Capital improvement Projects			-			-			-			- Renewal & Replacement Transfers	 	1,254,000	 	1,128,786	 	1,128,786	 	1,240,989

TOTAL EXPENDITURES	8,642,365	9,932,034	10,134,339	9,723,497

FUND BALANCE, SEPTEMBER 30	 	6,990,619	 	6,095,431	 	5,966,082	 	5,310,177

Budget FY 2019

Final Amended Budget
FY 2018

Orig. Budget FY 2018

Estimate EOY FY 2018

Actual YTD FY 2018

Actual FY 2017

6	7	677,164
Water & Sewer Fund Balance (Beginning)	6,494,475	6,990,618	6,990,618	6,990,618	6,990,618	5,966,082
Rate Stabilization Fund Balance (Beginning)	531,020	531,020	531,020	531,020 OPERATING REVENUE

5-04006	Grants
Billed Water Revenue Consumption	
3,083,455	
1,552,379	-
3,104,758	-
3,062,953	-
3,070,953	-
3,074,024	
5-04106	Billed Water Revenue Base							
5-04007	Billed Wastewater Revenue Consumption	3,582,871	1,803,157	3,606,314	3,529,874	3,559,874	3,563,434	
5-04107	Billed Wastewater Revenue Base							
5-04009	Billed Irrigation Revenue Consumption	1,784,330	895,399	1,790,798	1,801,615	1,785,615	1,787,401	
5-04109	Billed Irrigation Revenue Base							
5-04010	Late Fees	72,843	44,322	75,981	38,000	41,000	38,000	
5-04012	Miscellaneous Fees	26,616	35,525	36,000	5,000	35,525	5,000	
5-04014	Wholesale Water Revenue	269,074	139,146	278,292	265,777	265,777	265,844	
5-04018	Meter Set Fees	3,200	5,330	10,660	3,550	5,330	3,550	
5-04021	Wholesale Wastewater Revenue	291,715	159,796	319,592	292,406	292,406	292,484	
5-04022	Interest (Operating)	11,562	6,904	11,835	5,388	6,904	5,571	
	Rate Stabilization Fund	-		-	-	-	-	
5-04047	Backflow Prevention Program	-	25,000	25,000	25,000	25,000	
5-04046	Tanker Truck Water Service	-	-	4,800	4,800	4,800	
5-04033	Water Impact (AFPI)	6,938	2,877	5,754	1,359	8,993	1,359	
5-04035	Wastewater Impact (AFPI)	5,904	 	2,563	 	5,126	 	1,125	 	7,626	1,125	
 	Total Revenues	$	9,138,508	$ 4,647,398	  $	9,270,110	   $ 9,036,847	   $	9,109,803	$ 9,067,592	
	OPERATING EXPENSES
Board of Supervisors						
5-05001	Executive Salaries	9,800	6,671	11,436	12,000	12,000	12,000	
5-05002	FICA	801	523	897	918	918	918	
5-05004	   Board Meeting Expenses	776	 	269	 	461	 	2,628	 	2,128	2,175	
	 	TOTAL BOARD OF SUPERVISORS	11,376	 	7,463	 	12,794	 	15,546	 	15,046	15,093	
	District Manager						
5-06002	Management Contract	15,204		-	15,584	15,584	32,000	
5-06003	   Travel & Per Diem	784	 	284	 	487	 	1,865	 	1,365	1,395	
	 	TOTAL DISTRICT MANAGER	15,988	 	284	 	487	 	17,449	 	16,949	33,395	
	
Finance						
5-07001	Dissemination Agent	-		-	2,191	2,191	2,239	
5-07002	Arbitrage	-		-	2,400	2,400	2,400	
5-07003	Accounting Services	41,546	16,608	28,471	50,758	48,758	49,831	
5-07004	Auditing	14,150		18,613	18,613	16,613	16,978	
5-07006	Banking Services	15,264	11,533	19,771	25,912	23,912	24,438	
5-07007	Property & Casualty Insurance	24,335	152,428	155,000	155,000	155,000	162,750	
5-07009	   Bad Debt	136	 	854	 	1,464	 	42,000	 	32,000	42,100	
	 	TOTAL FINANCE	95,431	 	181,423	 	223,319	 	296,874	 	280,874	300,736	
	Property Control						
5-09001	Building & Land Rental	1,807	1,085	1,847	1,847	1,847	1,888	
5-09003	Computer Software/Licensing	2,572	2,538	4,351	3,350	3,350	3,424	
5-09004	Computer Hardware/Supplies	1,185		-	3,056	3,056	4,200	

Budget FY 2019

Final Amended Budget
FY 2018

Orig. Budget FY 2018

Estimate EOY FY 2018

Actual YTD FY 2018

Actual FY 2017

6	 	7		677,164
TOTAL PROPERTY CONTROL	5,564

Utility Rate Consultant
5-11001	Other Contractual Services	14,488
TOTAL RATE CONSULTANT	14,488

Clerk to the Board
5-13002	Other Contractual Services	9,760
5-13004	Postage & Freight	1,038
5-13005	Printing & Binding	1,894
5-13006	Legal Ads	520
 	TOTAL CLERK TO THE BOARD	13,212

Legal Services
5-19001	General Counsel	21,148
5-23001	Special Counsel	1,205
 	TOTAL LEGAL COUNSEL	22,353

Engineering Services
5-26002	Engineering Services	59,003
 	TOTAL ENGINEERING	59,003

ADMINISTRATION DIVISION
Personnel
5-14001	Regular Salaries	376,479
5-14003	Overtime	7,420
5-14004	FICA	30,177
5-14005	Retirement Contributions	37,046
5-14006	Health/Life/Dental Insurance	433,753
5-14007	Workers Comp	29,475
5-14008	Unemployment Compensation	-
5-14010	Uniforms	1,860
5-14012	Training & Education Costs	1,522
5-14013	Vehicle Allowance	6,900
5-14014	Annual PTO	89
5-14015	Cell Stipend	 	360
Total Administration Personnel: 	925,079
ADMIN Operating	 	3,623

 	763
 	763

4,152
428
702
 	488
 	5,770

8,772
 	10,506
 	19,278

 	6,923
 	6,923

224,529
3,913
17,356
20,791
209,328
14,787

1,794
408
3,943
4,118
 	296
 	501,263	 	6,198	8,253	8,253

 	15,172	15,172	15,172
 	15,172	15,172	15,172

7,118	10,402	10,402
734	1,484	1,484
1,203	3,266	3,266
 	837	 	2,731	 	2,731
 	9,892	 	17,883	 	17,883

15,038	42,969	39,969
 	13,000	 	8,767	 	13,767
 	28,038	 	51,736	 	53,736

 	11,868	 	50,773	 	45,773
 	11,868	 	50,773	 	45,773

384,907	451,410	365,970
6,708	8,808	7,308
29,753	37,786	31,041
35,642	42,822	34,997
358,848	431,070	435,070
14,787	34,272	32,272
-	5,083	5,083
3,480	3,480	3,480
699	6,196	7,896
7,200	7,200	7,200
8,720	8,720	8,232
 	507	2,214	1,474
 	851,251	1,039,061	940,023	9,512

15,506
15,506

10,631
1,517
3,338
2,791
18,277

40,847
8,767
49,614

46,688
 	46,688

362,000
7,491
32,127
36,134
498,577
33,240
5,210
3,557
5,896
7,200
9,270
2,006
1,002,708	
5-29001	Other Contractual Services	132,368	85,649	146,827	169,796	168,796	177,172	
5-29002	Website Maintenance	3,485	1,855	3,180	3,471	3,771	3,846	
5-29003	Operating Supplies	5,940	1,390	2,383	9,868	6,368	6,495	
5-29004	Storm Water Fees	26,340	8,471	33,884	65,636	33,884	33,884	
5-29005	Telephone & Cell Service	11,186	6,629	11,364	17,760	16,260	16,585	
5-29006	Postage & Freight	35,853	16,413	28,137	40,886	39,886	40,684	
5-29007	Equipment Leasing	2,094	502	861	3,176	3,176	3,240	
5-29008	Administrative Maintenance	3,698	1,322	2,266	2,997	2,497	2,547	
5-29011	Contingencies - Hurricane	-		-	-	-	-	

Office Supplies	3,798
Fuel & Lubricants - Vehicle	43,270
Fuel & Lubricants - Equipment	12,643
Minor Construction Expenses	272
Project Maintenance Fees	-
Contingency (1.5%)	-
Electricity Services	2,207
Total Administration Operating:	283,154 Capital Outlay Administration
Equipment	67,750
Building	42,153
Other	-
Total Administration Capital Outlay:	109,903

 	TOTAL ADMINISTRATION	1,318,136 WATER TREATMENT PLANT DIVISION
Personnel
Regular Salaries	258,626
Overtime	39,871
FICA	23,213
Retirement Contributions	24,751
Uniforms	1,161
Training & Education Costs	1,473
Annual PTO	536
Cell Stipend	 	280
Total WTP Personnel: 	349,910
WTP Operating
Other Contractual Services	87,903
Operations & Maintenance Services	1,880
Laboratory Services	24,352
Operating Supplies	8,243
Electricity Services	190,167
Plant Maintenance	72,331
Chemicals	267,618
Water Conservation Grant Program			8,945 Backflow Prevention Program		 	14,805 Total WTP Operating: 	676,244
Capital Outlay WTP
Equipment	-
Building	-
Other	-	2,235	
	17,987	
	3,878	
	1,154	
	52,196	
	801	
	200,482	
	
-	
	-	
	 	701,745	
	
143,875	
	16,556	
	12,747	
	11,636	
	770	
	551	
	2,940	
	 	263	
	 	189,338	
	33,321	
	745	
	9,221	
	1,968	
	77,464	
	37,660	
	136,858	
	4,190	
	 	18,810	
	 	320,237	
	
-	
	-	
Total WTP Capital Outlay:	-	-	
			
TOTAL WATER TREATMENT PLANT DIVISION	1,026,154	509,575	

WASTEWATER TREATMENT PLANT DIVISION		

5-29012
5-29013
5-29014
5-29015
5-29016
5-29017
5-29018

5-29101
5-29102
5-29103

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

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

5-30101
5-30102
5-30103

6	7	677,164

4,667
55,372
12,644
1,460
6,685
80,099
8,211
453,591

Budget FY 2019

Final Amended Budget
FY 2018

Orig. Budget FY 2018

Estimate EOY FY 2018

Actual YTD FY 2018

Actual FY 2017

3,831	4,321	4,621
30,835	54,735	52,735
6,648	12,042	12,042
1,978	931	1,431
-	6,685	6,685
80,559	80,559	80,559
 	1,373	11,050	8,050
 	354,126	483,913	440,761

-
-

-	-
632,816	715,316
 	-	-	
 	-	632,816	715,316	 	-

 	1,205,377	 	2,155,790	 	2,096,100	 	1,456,299

246,643	283,679	289,679	295,473
28,382	36,643	36,643	37,559
21,852	25,022	25,481	26,006
19,947	28,829	29,369	29,973
1,878	1,878	1,878	1,919
945	3,730	2,730	2,730
5,441	5,441	5,441	5,561
 	451	1,320	1,320	1,349
 	325,539	386,542	392,541	 	400,570

57,122	79,386	79,386	80,974
1,277	2,822	2,822	2,878
15,807	24,670	24,670	25,163
3,374	11,020	9,020	9,200
132,795	198,054	194,073	194,073
64,560	82,264	82,264	84,156
234,614	250,687	250,687	255,701
7,183	9,000	9,000	9,000
 	32,246	 	25,000	 	25,000	25,000
 	548,978	 	682,903	 	676,922	 	686,145

24,000
-
-

-	-	-
-	-	-
 	-	-	-
 	-	-	-	 	24,000

 	874,517	 	1,069,445	 	1,069,463	 	1,110,715

-	-

Budget FY 2019

Final Amended Budget
FY 2018

Orig. Budget FY 2018

Estimate EOY FY 2018

Actual YTD FY 2018

Actual FY 2017

6	7	677,164
Personnel
5-16001	Regular Salaries	250,645
5-16002	Overtime	37,737
5-16003	FICA	22,183
5-16004	Retirement Contributions	26,174
5-16008	Uniforms	2,032
5-16010	Training & Education Costs	1,607
5-16011	Annual PTO	356	149,365
19,406
13,421
14,666
1,242
500
2,768	256,054	276,625	305,625
33,267	44,164	41,164
23,007	25,030	26,790
25,142	28,871	31,211
2,234	2,234	2,234
857	4,107	3,107
5,083	5,083	5,083	313,738
42,193
27,653
32,034
2,283
3,107
4,195	
5-16012	Cell Stipend	 	205	 	191	 	327	1,320	1,320	1,349	
	
WWTP Operating	Total WWTP Personnel: 	340,938
-	 	201,559	 	345,971	387,434	416,534
-	 	426,552	
5-31001	Other Contractual Services	23,773	16,818	28,831	54,998	54,998	46,098	
5-31002	Operations & Maintenance Services	6,670	3,145	5,391	12,057	9,057	9,238	
5-31003	Laboratory Services	24,909	10,713	18,365	30,582	28,582	29,154	
5-31004	Operating Supplies	19,493	6,053	10,377	18,228	15,728	16,043	
5-31005	Sludge Disposal	78,705	42,443	72,759	107,830	92,830	94,687	
5-31006	Electricity Services	143,812	61,343	105,159	164,804	158,156	158,156	
5-31008	Plant Maintenance	52,220	17,553	30,091	47,630	47,630	48,725	
5-31010	Chemicals	 	91,135	 	44,271	 	75,893	 	111,025	 	108,025	113,426	
Total WWTP Operating: 	440,718	 	202,339	 	346,866	 	547,154	 	515,006	 	515,527	

Capital Outlay WWTP
Equipment Building Other

-
-
-

Total WWTP Capital Outlay:	-
TOTAL WASTEWATER TREATMENT PLANT DIVISION	781,656

9,288
-
9,288
413,186

UNDERGROUND UTILITIES DIVISION
Personnel Regular Salaries Overtime
FICA
Retirement Contributions Uniforms
Training & Education Costs Annual PTO
Cell Stipend

424,910	236,389
60,595	34,119
37,139	21,008
41,142	24,765
4,146	2,514
1,906	747
372	2,012
 	1,000	 	814
 	322,368

UGU Operating

Total UGU Personnel: 	571,211
-

5-31101
5-31102
5-31103

-	-

24,000
-
-

41,000	41,000	41,000
 	-	-	-	

 	41,000	41,000	41,000	 	24,000

 	733,837	 	975,588	 	972,540	 	966,079

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

405,238	455,831	437,983	448,181
58,490	68,434	66,434	68,095
36,014	40,901	39,314	40,294
42,454	47,184	45,398	46,465
4,310	6,726	6,376	6,516
1,281	3,013	2,513	2,513
3,449	7,265	7,103	7,259
 	1,395	3,120	2,380	3,189
 	552,631	632,474	607,501	 	622,512
-

5-32001	Other Contractual Services	181,096	155,020	265,749	198,336	253,336	230,403	
5-32002	Operations & Maintenance Services	94,033	54,424	93,298	98,115	98,115	100,077	
5-32003	Operating Supplies	68,834	45,311	77,676	103,130	79,130	80,713	
5-32004	Electricity Services	39,197	17,125	29,357	38,600	38,600	38,600	
5-32005	Vehicle Maintenance	20,766	8,502	14,575	20,317	19,317	19,703	
5-32006	Lift Station Maintenance	 	10,909	 	7,816	 	13,399	 	24,812	 	21,812	22,248	
	Total UGU Operating: 	414,835
Capital Outlay UGU	 	288,198	 	494,054	 	483,310	 	510,310	 	491,744	

Actual FY 2017

5-32101	Equipment
5-32102	Building
5-32104	New Meters
5-32103	Other

Total UGU Capital Outlay:

6	7	677,164

226,045
-
-
-
226,045

60,723
16,105

76,828

Budget FY 2019

Final Amended Budget
FY 2018

Orig. Budget FY 2018

Estimate EOY FY 2018

Actual YTD FY 2018

84,150	84,150	84,150	111,000
70,000	70,000	70,000	-
1,050	1,050	1,050	1,050
 	-	-	-		-
 	155,200	155,200	155,200	 	112,050

	TOTAL UNDERGROUND UTILITIES DIVISION	1,212,091	687,394		 	1,201,885		 	1,270,984		 	1,273,011	 	1,226,306	
	IRRIGATION DIVISION
Personnel										
5-18001	Regular Salaries	37,648	21,197		36,338		41,670		41,670	42,712	
5-18002	Overtime	7,266	3,683		6,314		9,766		9,766	10,010	
5-18003	FICA	3,262	1,822		3,123		4,010		2,786	4,110	
5-18004	Retirement Contributions	4,069	2,324		3,984		4,629		3,279	4,745	
5-18008	Uniforms	362	206		353		733		733	749	
5-18009	Training & Education Costs	202			-		795		795	795	
5-18010	Annual PTO	-			-		745		745	761	
5-18011	Cell Stipend	 	-		 		 	-	240	240	245	
		Total IRR Personnel: 	52,810	 	29,232	 	50,112	62,588	60,014	 	64,127	
	IRR Operating		-							-		
5-33001	Other Contractual Services	28,270	12,576	21,559	34,818	34,818	35,514	
5-33002	Operations & Maintenance Services	34,658	5,784	9,915	36,330	35,330	36,037	
5-33003	Laboratory Services	85		-	679	679	693	
5-33004	Operating Supplies	2,903	3,101	5,316	7,106	5,606	5,718	
5-33005	Electricity Services	135,105	57,107	97,898	146,635	144,169	144,169	
5-33008	Maintenance - Irrigation	17,395	13,234	22,687	24,014	23,014	23,543	
5-33010	Chemicals	 	16,905	 	5,519	 	9,461	 	22,494	 	20,994	22,044	
	Total IRR Operating: 	235,321
Capital Outlay IRR	 	97,321	 	166,836	 	272,076	 	264,610	 	267,718	
5-33101	Equipment		-	-	-	-	12,000	
5-33102	Building		-	-	-	-	-	-	
5-33103	Other	-	-	 	-	-	-		-	
	Total IRR Capital Outlay:	-	-	 	-	-	-	 	12,000	

	TOTAL IRRIGATION DIVISION	288,131	126,553	 	216,948	 	334,664	 	324,624	 	343,845	
						
	SHOP & MAINTENANCE OPERATIONS DIVISION
Personnel					
5-40001	Regular Salaries			-	95,773	99,728	
5-40002	Overtime			-	7,151	7,292	
5-40003	FICA			-	8,024	8,340	
5-40004	Retirement Contributions			-	9,263	9,632	
5-40013	Uniforms			-	1,128	1,145	
5-40015	Training, Cont. Educ., and Licensing			-	1,973	2,006	
5-40016	Annual PTO			-	1,487	1,518	
5-40017	Cell Stipend	 			 	-	480	485	
	Total Shop & Maintenance Personnel:	 	-	-	 	-	-	125,279	 	130,146	
Shop & Maintenance Operating

Budget FY 2019

Final Amended Budget
FY 2018

Orig. Budget FY 2018

Estimate EOY FY 2018

Actual YTD FY 2018

Actual FY 2017

6	7	677,164

5,748
1,608
4,260
9,026

5-41001	Operations & Maintenance Svc	-	5,635
5-41002	Disposal Fees	-	1,576
5-41003	Operating Supplies	-	4,164

0

0

5-41006	Machinery & Equipment	 		-	 	 	8,596

Total Shop & Maintenance Operating: 	- Capital Outlay Shop & Maintenance

 	-	 	19,971	 	20,642

31,000

5-41101	Equipment	-	-
5-41102	Building	-	-
5-41103	Other	 	-	-	

-

Total Shop & Maintenance Capital Outlay:	-	 	-	-	-	 	31,000

TOTAL SHOP & MAINTENANCE OPERATIONS DIVISION	-	-	 	-	-	 	145,250	 	181,788

Total Operating Expenses	 	4,863,583	2,663,980	 	4,540,332	6,280,157	 	6,334,674	 	5,773,853

-

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	160,000
5-27012	Interest 2014 Bond Issue Refi of 2004	414,428
5-27008	Principal 2011 Bond Issue	1,045,000
5-27007	Interest 2011 Bond issue	546,630
5-27010	Principal 2013 Bond Issue	245,000
5-27009	Interest 2013 Bond issue	 	113,724
TOTAL DEBT SERVICE: 	2,524,782

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

CAPITAL IMPROVEMENT & TRANSFERS
Capital Improvement Program - WWTP Expansion	-
5-28127	Required R&R Transfer to Capital (5%)	454,000 Additional R&R Transfer for CIP's	800,000
Cash Carry Forward for R&R CIP	 	-			

170,000	
		408,472	
		1,070,000	
		516,848	
		250,000	
	 		 	107,771	
	 	-	 	2,523,091	
	
 	-	
 		
	 	-	 	-	
	
-	
-	
	-	478,786	
	-	650,000	
	-	-	

-	-	

-	-	 	-

-
170,000	170,000	170,000	
408,472	455,995	464,747	
1,070,000	1,070,000	1,105,000	
516,848	599,816	590,450	
250,000	250,000	255,000	
 	107,771	 	125,068	123,458	
 	2,523,091	 	2,670,879	 	2,708,655	

 	-	 	-		-	
 	-	 	-	 	-	

-	-
478,786	478,786	465,989
650,000	650,000	775,000
 	-	 	-		-
TOTAL CI & TRANSFERS EXPENSES: 	1,254,000	 	-	1,128,786	 	1,128,786	 	1,128,786	 	1,240,989

Total Expenses

  $	8,642,365	$  2,663,980	$	8,192,209	$ 9,932,034

   $	10,134,339

   $ 9,723,497

 	  	

Total Revenues

$	9,138,508

   $	9,270,110	$ 9,036,847

   $	9,109,803

$ 4,647,398

$ 9,067,592

Surplus/(Deficit) Before Transfer from
(to) Operating Reserve	496,143	1,983,418	1,077,901	(895,187)	(1,024,536)		(655,905)

Budget FY 2019

Final Amended Budget
FY 2018

Orig. Budget FY 2018

Estimate EOY FY 2018

Actual YTD FY 2018

Actual FY 2017

6	7	677,164

Available Operating Cash Balance (Ending)

  $	6,990,618	$  8,974,036	$	8,068,519	$ 6,095,431	$	5,966,082

$ 5,310,177

*Coverage Provided (Required > 1.10)	1.82	1.95	1.42	1.37	1.29	
**Coverage w/R&R deducted (Required > 1.00)	1.55	1.64	1.19	1.17	1.10	
Index Rate Increase (included in revenues)	 	0.00%	 	0.00%	 	0.00%	 	0.00%	 	0.00%	 	0.00%	
Total Effective Rate Increase	 	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	

Budget FY 2019

FY 2020

FY 2023

FY 2022

FY 2021

Forecast

	Water & Sewer Fund Balance (Beginning)	5,966,082	5,310,177	5,205,295	5,160,503	5,058,683	
	Rate Stabilization Fund Balance (Beginning)	531,020	531,020	531,020	531,020	531,020	
	OPERATING REVENUE						
	Grants	-	-	-	-	-	
5-04006	Billed Water Revenue Consumption	3,074,024	3,077,098	3,129,241	3,195,271	3,259,176	
5-04106	Billed Water Revenue Base	-	-	-	-	-	
5-04007	Billed Wastewater Revenue Consumption	3,563,434	3,566,997	3,615,457	3,693,684	3,767,558	
5-04107	Billed Wastewater Revenue Base	-	-	-	-	-	
5-04009	Billed Irrigation Revenue Consumption	1,787,401	1,789,188	1,834,645	1,871,338	1,908,765	
5-04109	Billed Irrigation Revenue Base	-	-	-	-	-	
5-04010	Late Fees	38,000	38,000	38,000	38,000	38,000	
5-04012	Miscellaneous Fees	5,000	5,000	5,000	5,000	5,000	
5-04014	Wholesale Water Revenue	265,844	265,912	270,787	276,273	281,798	
5-04018	Meter Set Fees	3,550	3,550	4,040	4,040	4,040	
5-04021	Wholesale Wastewater Revenue	292,484	292,563	297,926	303,967	310,046	
5-04022	Interest (Operating)	5,571	5,571	5,571	5,571	5,571	
	Rate Stabilization Fund	-	-	-	-	-	
	Backflow Prevention Program	25,000	25,000	25,000	25,000	25,000	
5-04046	Tanker Truck Water Service	4,800	4,800	4,800	4,800	4,800	
5-04033	Water Impact (AFPI)	1,359	1,359	1,359	1,359	1,359	
5-04035	Wastewater Impact (AFPI)	1,125	 	1,125	 	1,125	 	1,125	 	1,125	
	Total Revenues	$ 9,067,592	   $	9,076,163	   $	9,232,951	   $	9,425,428	  $	9,612,238	
	
OPERATING EXPENSES						
	 Board of Supervisors						
5-05001	Executive Salaries	12,000	12,000	12,000	12,000	12,000	
5-05002	FICA	918	918	918	918	918	
5-05004	Board Meeting Expenses	2,175	 	2,223	2,272	2,322	2,373	
	TOTAL BOARD OF SUPERVISORS	15,093	 	15,141	15,190	15,240	15,291	
	
District Manager						
5-06002	Management Contract	32,000	43,312	44,265	45,239	46,234	
5-06003	Travel & Per Diem	1,395	 	1,426	 	1,457	 	1,489	 	1,522	
	TOTAL DISTRICT MANAGER	33,395	 	44,738	 	45,722	 	46,728	 	47,756	
	
Finance						
5-07001	Dissemination Agent	2,239	2,288	2,338	2,389	2,442	
5-07002	Arbitrage	2,400	2,400	2,400	2,400	2,400	
5-07003	Accounting Services	49,831	50,927	52,047	53,192	54,362	
5-07004	Auditing	16,978	17,352	17,734	18,124	18,523	
5-07006	Banking Services	24,438	24,976	25,525	26,087	26,661	
5-07007	Property & Casualty Insurance	162,750	204,888	181,132	190,189	235,698	
5-07009	Bad Debt	42,100	 	42,200	 	42,900	 	43,800	 	44,700	
	TOTAL FINANCE	300,736	 	345,031	 	324,076	 	336,181	 	384,786	
	
Property Control						
5-09001	Building & Land Rental	1,888	1,930	1,972	2,015	2,059	
5-09002	Vehicle Leasing	-	-	-	-	-	
5-09003	Computer Software/Licensing	3,424	3,499	3,576	3,655	3,735	
5-09004	Computer Hardware/Supplies	4,200	 	3,192		3,262	3,334	3,407	
	TOTAL PROPERTY CONTROL	9,512	 	8,621		8,810	9,004	9,201	

Utility Rate Consultant

Forecast

5-11001

Other Contractual Services	Budget
FY 2019	
	15,506	
TOTAL RATE CONSULTANT	15,506	

Other Contractual Services	10,631	
Postage & Freight	1,517	
Printing & Binding	3,338	
Legal Ads	2,791	
TOTAL CLERK TO THE BOARD	18,277	

General Counsel
Special Counsel	40,847
8,767	
TOTAL LEGAL COUNSEL	49,614	

Clerk to the Board

FY 2020

FY 2023

FY 2022

FY 2021

 	15,847	16,196	16,552	16,916
 	15,847	16,196	16,552	16,916

5-13002		10,865	11,104	11,348	11,598	
5-13004		1,550	1,584	1,619	1,655	
5-13005		3,411	3,486	3,563	3,641	
5-13006		 	2,852	 	2,915	 	2,979	 	3,045	
		 	18,678	 	19,089	 	19,509	 	19,939	
	
Legal Services					
5-19001		41,746	42,664	43,603	44,562	
5-23001		 	8,767	 	8,767	 	8,767	 	8,767	
		 	50,513	 	51,431	 	52,370	 	53,329	
	
Engineering Services					
5-26002		 	47,622	 	48,574	 	49,545	 	50,536	
	 	TOTAL ENGINEERING	46,688	 	47,622	 	48,574	 	49,545	 	50,536	

Engineering Services	46,688	

	ADMINISTRATION DIVISION		
	Personnel		
5-14001	Regular Salaries	362,000	348,050	356,751	365,670	374,812	
5-14003	Overtime	7,491	7,678	7,870	8,067	8,269	
5-14004	FICA	32,127	32,234	33,007	33,799	34,610	
5-14005	Retirement Contributions	36,134	35,914	36,800	37,708	38,638	
5-14006	Health/Life/Dental Insurance	498,577	540,877	578,738	619,250	650,213	
5-14007	Workers Comp	33,240	35,567	38,057	40,721	43,571	
5-14008	Unemployment Compensation	5,210	5,340	5,474	5,611	5,751	
5-14010	Uniforms	3,557	3,635	3,715	3,797	3,881	
5-14012	Training & Education Costs	5,896	5,896	5,896	5,896	5,896	
5-14014	Annual PTO	9,270	9,474	9,682	9,895	10,113	
5-14015	Cell Stipend
Total Administration Personnel:	2,006
1,002,708	 	2,050	2,095	2,141	2,188
 	1,037,515	1,088,885	1,143,355	1,188,742	
	ADMIN Operating						
5-29001	Other Contractual Services	177,172	180,715	184,329	188,016	191,776	
5-29002	Website Maintenance	3,846	3,923	4,001	4,081	4,163	
5-29003	Operating Supplies	6,495	6,625	6,758	6,893	7,031	
5-29004	Storm Water Fees	33,884	33,884	33,884	33,884	33,884	
5-29005	Telephone & Cell Service	16,585	16,917	17,255	17,600	17,952	
5-29006	Postage & Freight	40,684	41,498	42,328	43,175	44,039	
5-29007	Equipment Leasing	3,240	3,305	3,371	3,438	3,507	
5-29008	Administrative Maintenance	2,547	2,598	2,650	2,703	2,757	
5-29011	Contingencies - Hurricane	-	-	-	-	-	
5-29012	Office Supplies	4,667	4,714	4,761	4,809	4,857	
5-29013	Fuel & Lubricants - Vehicle	55,372	59,248	63,395	67,833	72,581	
5-29014	Fuel & Lubricants - Equipment	12,644	13,529	14,476	15,489	16,573	
5-29015	Minor Construction Expenses	1,460	1,489	1,519	1,549	1,580	
5-29016	Project Maintenance Fees	6,685	6,685	6,685	6,685	6,685	
5-29017	Contingency (1.5%)	80,099	82,770	84,926	87,681	90,907	
5-29018	Electricity Services	8,211	 	8,303	8,718	9,154	9,612	
	Total Administration Operating:	453,591	 	466,203	479,056	492,990	507,904	
	Capital Outlay Administration	-	-	-	-	-	
5-29101	Equipment	 	-	22,000	15,000	-	-	

Budget FY 2019

5-29102	Building
5-29103	Other

-
 	-

	Forecast		
FY 2020	FY 2021	FY 2022	FY 2023		
	-	-	-	-	

 	-	-	-	-
Total Administration Capital Outlay: 	-	 	22,000	15,000	-	-

  	 	 
 	TOTAL ADMINISTRATION	1,456,299	 	1,525,718	 	1,582,941	 	1,636,345	 	1,696,646 WATER TREATMENT PLANT DIVISION
Personnel
5-15001	Regular Salaries	295,473	302,860	310,432	318,193	326,148
5-15002	Overtime	37,559	38,498	39,460	40,447	41,458
5-15003	FICA	26,006	26,654	27,319	28,000	28,699
5-15004	Retirement Contributions	29,973	30,722	31,490	32,278	33,085
5-15008	Uniforms	1,919	1,961	2,004	2,048	2,093
5-15011	Annual PTO	5,561	5,683	5,808	5,936	6,067
5-15012	Cell Stipend	1,349	 	1,379	1,409	1,440	1,472
Total WTP Personnel: 	400,570	 	410,487	420,652	431,072	441,752
WTP Operating
5-30001	Other Contractual Services	80,974	82,593	84,245	85,930	87,649
5-30002	Operations & Maintenance Services	2,878	2,936	2,995	3,055	3,116
5-30003	Laboratory Services	25,163	25,666	26,179	26,703	27,237
5-30004	Operating Supplies	9,200	9,384	9,572	9,763	9,958
5-30005	Electricity Services	194,073	196,247	206,059	216,362	227,180
5-30007	Plant Maintenance	84,156	86,092	88,072	90,098	92,170
5-30009	Chemicals	255,701	260,815	266,031	271,352	276,779
5-30010		Water Conservation Grant Program					9,000				9,000				9,000			9,000			9,000 5-30011	Backflow Prevention Program					25,000	 		25,000	 		25,000	 	25,000	 	25,000 Total WTP Operating: 	686,145	 	697,733	 	717,153		 	737,263	 	758,089

Capital Outlay WTP
5-30101	Equipment
5-30102	Building
5-30103	Other

28,000	-	-	-

24,000
-
 	-

-	-	-	-
 	-	-	-	-
Total WTP Capital Outlay: 	24,000	 	28,000	-	-	-

 
TOTAL WATER TREATMENT PLANT DIVISION	1,110,715	 	1,136,220	1,137,805	1,168,335	1,199,841

	WASTEWATER TREATMENT PLANT DIVISION		
	Personnel		
5-16001	Regular Salaries	313,738	321,581	329,621	337,862	346,309	
5-16002	Overtime	42,193	43,248	44,329	45,437	46,573	
5-16003	FICA	27,653	28,343	29,050	29,775	30,518	
5-16004	Retirement Contributions	32,034	32,835	33,656	34,497	35,359	
5-16008	Uniforms	2,283	2,333	2,384	2,436	2,490	
5-16011	Annual PTO	4,195	4,287	4,381	4,477	4,575	
5-16012	Cell Stipend	1,349	 	1,379	1,409	1,440	1,472	
		Total WWTP Personnel: 	426,552	 	437,113	447,937	459,031	470,403	
	WWTP Operating						
5-31001	Other Contractual Services	46,098	47,020	47,960	48,919	49,897	
5-31002	Operations & Maintenance Services	9,238	9,423	9,611	9,803	9,999	
5-31003	Laboratory Services	29,154	29,737	30,332	30,939	31,558	
5-31004	Operating Supplies	16,043	16,364	16,691	17,025	17,366	
5-31005	Sludge Disposal	94,687	96,581	98,513	100,483	102,493	
5-31006	Electricity Services	158,156	159,927	167,923	176,319	185,135	
5-31008	Plant Maintenance	48,725	49,846	50,992	52,165	53,365	

 
Forecast

5-31010	Chemicals

Capital Outlay WWTP

FY 2020

113,426

Budget FY 2019

FY 2023

FY 2022

FY 2021

 	119,097	 	125,052	 	131,305	 	137,870
Total WWTP Operating: 	515,527	 	527,995	 	547,074	 	566,958	 	587,683

5-31101	Equipment	24,000
5-31102	Building	-	-	-	30,000	-
-	-	-	-	
5-31103	Other	 	-	 	-	-	-	-	
	Total WWTP Capital Outlay: 	24,000
 	-
TOTAL WASTEWATER TREATMENT PLANT DIVISION	966,079	 	-	-	30,000	-
 	-	-	-	-
 	965,108	995,011	1,055,989	1,058,086	
	UNDERGROUND UTILITIES DIVISION						
	Personnel						
5-17001	Regular Salaries	448,181	459,386	470,871	482,643	494,709	
5-17002	Overtime	68,095	69,797	71,542	73,331	75,164	
5-17003	FICA	40,294	41,299	42,329	43,385	44,467	
5-17004	Retirement Contributions	46,465	47,626	48,817	50,038	51,289	
5-17008	Uniforms	6,516	6,659	6,805	6,955	7,108	
5-17011	Annual PTO	7,259	7,419	7,582	7,749	7,919	
5-17012	Cell Stipend	3,189	 	3,259	3,331	3,404	3,479	
		Total UGU Personnel: 	622,512	 	637,958	653,790	670,018	686,648	
UGU Operating
5-32001	Other Contractual Services	230,403	235,011	239,711	244,505	249,395
5-32002	Operations & Maintenance Services	100,077	102,079	104,121	106,203	108,327
5-32003	Operating Supplies	80,713	82,327	83,974	85,653	87,366
5-32004	Electricity Services	38,600	39,032	40,984	43,033	45,185
5-32005	Vehicle Maintenance	19,703	20,097	20,499	20,909	21,327
5-32006	Lift Station Maintenance	22,248	 	22,760	 	23,283	 	23,819	 	24,367
Total UGU Operating: 	491,744	 	501,306	 	512,572	 	524,122	 	535,967
Capital Outlay UGU
5-32101	Equipment	111,000	46,000	35,000	60,000	60,000
5-32102	Building		-		-		-		-		- 5-32104	New Meters	1,050	1,050	1,050	1,050	1,050
5-32103	Other	-	 	-	-	-	-
Total UGU Capital Outlay: 	112,050	 	47,050	36,050	61,050	61,050

TOTAL UNDERGROUND UTILITIES DIVISION	1,226,306	 	1,186,314	1,202,412	1,255,190	1,283,665

	IRRIGATION DIVISION		
	Personnel		
5-18001	Regular Salaries	42,712	43,780	44,875	45,997	47,147	
5-18002	Overtime	10,010	10,260	10,517	10,780	11,050	
5-18003	FICA	4,110	4,213	4,318	4,426	4,536	
5-18004	Retirement Contributions	4,745	4,864	4,985	5,110	5,238	
5-18008	Uniforms	749	765	782	799	817	
5-18010	Annual PTO	761	778	795	812	830	
5-18011	Cell Stipend	245	 	250	256	262	268	
		Total IRR Personnel: 	64,127	 	65,705	67,323	68,981	70,681	
	IRR Operating						
5-33001	Other Contractual Services	35,514	36,224	36,948	37,687	38,441	
5-33002	Operations & Maintenance Services	36,037	36,758	37,493	38,243	39,008	
5-33003	Laboratory Services	693	707	721	735	750	
5-33004	Operating Supplies	5,718	5,832	5,949	6,068	6,189	
5-33005	Electricity Services	144,169	145,784	153,073	160,727	168,763	
5-33008	Maintenance - Irrigation	23,543	24,084	24,638	25,205	25,785	

 
Forecast

5-33010	Chemicals

Capital Outlay IRR
5-33101	Equipment
5-33102	Building
5-33103	Other

FY 2020

22,044

Budget FY 2019

FY 2023

FY 2022

FY 2021

 	23,146	 	24,303	 	25,518	 	26,794
Total IRR Operating: 	267,718	 	272,535	 	283,125	 	294,183	 	305,730

12,000
-
 	-

-	-	30,000	-
-	-	-	-
 	-	-	-	-
Total IRR Capital Outlay: 	12,000	 	-	-	30,000	-

 
TOTAL IRRIGATION DIVISION	343,845	 	338,240	350,448	393,164	376,411

Total Operating Expenses	 	5,773,853	 	5,852,468	 	5,956,380	 	6,216,935	 	6,379,408

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

5-27011	DEBT SERVICE EXPENSES
Cost of Issuance	
-	
-		
-		
-		
-	
5-27013	Principal 2014 Bond Issue Refi of 2004	170,000	180,000		190,000		190,000		200,000	
5-27012	Interest 2014 Bond Issue Refi of 2004	464,747	457,658		450,152		442,229		434,306	
5-27008	Principal 2011 Bond Issue	1,105,000	1,135,000		1,165,000		1,200,000		1,235,000	
5-27007	Interest 2011 Bond issue	590,450	552,216		512,946		472,636		431,116	
5-27010	Principal 2013 Bond Issue	255,000	260,000		265,000		275,000		280,000	
5-27009	Interest 2013 Bond issue	123,458	 	115,935		 	108,265		 	100,448		 	92,335	
	TOTAL DEBT SERVICE:	 	2,708,655	 	2,700,809		 	2,691,363		 	2,680,313		 	2,672,757	
	RATE STABILIZATION									
	Transfer Out to Rate Stabilization Fund	 	-	 	-		 	-		 	-		 	-	
	TOTAL RATE STABILIZATION SERVICE:	 	-	 	-		 	-		 	-		 	-	
	CAPITAL IMPROVEMENT & TRANSFERS									
	Capital Improvement Program - WWTP Expansion	-	-		-		-		-	
5-28127	Required R&R Transfer to Capital (5%)	465,989	477,768		480,000		480,000		480,000	
	Additional R&R Transfer for CIP's	775,000	150,000		150,000		150,000		150,000	
	Cash Carry Forward for R&R CIP	-	 	-		 	-		 	-		 	-	
	TOTAL CI & TRANSFERS EXPENSES:	 	1,240,989	 	627,768		 	630,000		 	630,000		 	630,000	
	Total Expenses	   $ 9,723,497	   $	9,181,045		   $	9,277,743		   $	9,527,248		  $	9,682,165	
	Total Revenues	   $ 9,067,592	   $	9,076,163		   $	9,232,951		   $	9,425,428		  $	9,612,238	
	
Surplus/(Deficit) Before Transfer from									
	(to) Operating Reserve	 	(655,905)	(104,882)		(44,792)
 			(101,820)
 	-		(69,927)
 	-	
	Available Operating Cash Balance (Ending)	   $ 5,310,177	$	5,205,295		$	5,160,503		$	5,058,683		$	4,988,756	
	
*Coverage Provided (Required > 1.10)	
1.29	
1.23		
1.24		
1.24		
1.23	
	**Coverage w/R&R deducted (Required > 1.00)	1.10	1.04		1.05		1.05		1.04	
	Index Rate Increase (included in revenues)	 	0.00%	 	0.00%		 	2.00%		 	2.00%		 	2.00%	
	Total Effective Rate Increase	0.00%	0.00%		2.00%		2.00%		2.00%	

REVENUE SOURCES

St Lucie West Services District receives approximately 73.2% of their operating Revenues from the sale of water and wastewater service. Another 19.71% of the operating revenue is received from irrigation services. The FY 2019 Budget assumes no rate increase to all utility rates.

Billed Wastewater Revenues $3,563,434.00 39.30%

Billed Irrigation Revenue
$1,787,401.00 19.71%

Billed Water Revenues
$3,074,024.00  33.90%

Wholesale Water & Wastewater $558,328.00 6.16%

Other Operating Revenue
$81,921.00 0.90%

AFPI Revenue $2,484.00 0.03%

Water & Sewer Revenue

Billed Water Revenue
Revenue billed for potable water services. The water revenue budget assumes a 0.1% increase in total customers (ERU’s) and no rate increase.

Billed Wastewater Revenue
Revenue billed for the wastewater services. The wastewater revenue budget assumes a 0.1% increase in total customers (ERU’s) and no rate increase.

Irrigation Revenue
Revenue billed for the irrigation services. The irrigation revenue budget assumes a minor increase in total customers and no rate increase.

Late Fee Revenue
Late fees are charges assessed on customer accounts due to late payment of the customer’s utility bills. The budget for FY 2019 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 2019 is based on historical revenues, however using a conservative assumption for the budget year.

Wholesale Water/Wastewater Revenue
Revenue received from the sale of wholesale water and wastewater services. At times the District may choose to enter into an agreement with an organization to sell wholesale water at wholesale prices. Currently the District has an agreement with the Reserves for the purchase of wholesale water and wastewater. The gallonage (commodity) charge is equal to eighty percent (80%) of the retail water and sewer service rate (per 1,000 gallons) in effect at the time of payment.

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

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

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

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

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

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

Capital Fund Revenues

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

OPERATING EXPENSE’S

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

Board of Directors

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

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

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

District Manager

Management Contract
Charges directly relating to the District Manager’s service contract. The charge for FY 2019 is based on the salary difference of the Utility Director salary and the Contract for the District Manager which is shared between the Water & Sewer Fund 50% and the General Fund 50%.

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

Finance

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

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

Accounting Services
This includes the contracted services for Financial Services with SDS, Inc. The FY 2019 budget assumes a 2.1% 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 2019. 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 2019 budget this line item includes legal matters regarding Human Resources matters.

Engineering Services

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

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

Regular Salaries
Includes Administration Division employee’s basic salaries. The total budget is estimated using a tabulation of all approved positions, applying the appropriate increases and allowing a factor for unfilled vacancies. We are proposing one new full-time Utilities Director position for this FY which will be filled in May 2019. This year we are proposing to give a 2.1% increase to all employees based on the Bureau of Labor Statics CPI. This also reflects for license or certifications increases.

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

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

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

Health/Life/Dental Insurance
This includes health, life and dental insurance benefits provided to all employees of the District. The proposed increase is 10% for FY 2019.

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 2019.

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

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

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

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

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

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

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

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

Fuel & Lubricants-Vehicles
Fuel purchased for all vehicles used in the Utility Division.

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

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

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

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

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

Water & Sewer Administration Division – Capital Outlay

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

Building
This description is the same for all Division in the Utilities Department: This code is for buildings or land purchases over $1,000 No expenditures planned for this fiscal year.

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

WATER TREATMENT PLANT DIVISION
Water Treatment Plant Division - Personnel

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

Water Treatment Plant Division - Operating

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

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

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

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

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

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

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

Water Treatment Plant Division – Capital Outlay

Equipment; Building; Other
The above categories are the same as described in the Administration Budget. $24,000 planned for the replacement of a fork lift which will be split between all departments. No other expenditures planned for this fiscal year.

WASTEWATER TREATMENT PLANT DIVISION
Wastewater Treatment Plant Division - Personnel

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

Wastewater Treatment Plant Division - Operating

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

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

Wastewater Treatment Plant Division – Capital Outlay

Equipment; Building; Other
The above categories are the same as described in the Administration Budget. $24,000 planned for the replacement of a fork lift which will be split between all departments.

UNDERGROUND UTILITIES DIVISION
Underground Utilities Division - Personnel

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

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

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

Water & Sewer Underground Utilities Division – Capital Outlay

Equipment; Building; Other
The above categories are the same as described in the Administration Budget. $24,000 planned for the replacement of a fork lift which will be split between all departments proposed a Truck, equipment replacement, and minor Capital Outlay equipment planned for this fiscal year.

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. $12,000 planned for the replacement of a fork lift which will be split between all departments. 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. Proposed replacement of 2010 F-350 truck for $55,000 which is split with the UT Fund and replace a tire machine for $7,000.

The Total Operating Expenses are projected to be $5,773,853 for FY 2019.

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 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.

Rate Stabilization
This expense code transfers funds from available unrestricted operating reserves to the Rate Stabilization Fund and the balance is up to
$530,381. There is no transfer scheduled for 2019 FY.

Renewal & Replacement Transfer to Capital
This allocation captures the 5% minimum funding requirement to the Renewal & Replacement fund which is $465,989 for 2019FY and an additional $775,000 to fund the proposed capital expenditure items for future projects.

ST LUCIE WEST SERVICES DISTRICT CAPITAL FUNDING REVENUE AND EXPENDITURES

FY 2018 BUDGET

R&R	WCF	WWCF

Estimated Beginning Fund Balance

ADD REVENUES:	716,509	1,217,022	250,295	
Interest Revenues	-	70	250	
Impact Fee Revenues	-	3,832	2,876	
5% Required Transfer per Bond	465,989	-	-	
Additional Funding	775,000	-	-	
Cash Carry Forward for R&R CIP	-	-	-
 	-	 	-	 	-		
TOTAL REVENUES AVAILABLE	1,957,498	1,220,924	253,421	
DEDUCT EXPENDITURES:
Capital Improvement Projects	
1,561,494	1,200,000	-	
Transfer Out to WW Connection Fee Funds
Transfers Out to Pay Debt Service	
 	-	 	-	 	-		
TOTAL EXPENDITURES	1,561,494	1,200,000	-	
FUND BALANCE, SEPTEMBER 30	  $	396,004	$	20,924	$	253,421	

RENEWAL & REPLACEMENT FUND

Actual FY
 	2017		 	FY 2018	 	FY 2019	 	FY 2020	 	FY 2021	 	FY 2022		 	FY 2023	

Estimated Beginning Fund Balance	1,308,832	1,652,685	716,509	396,004	359,659	499,642	422,922

ADD REVENUES:
5-36001	Interest Revenues	-	-	-	-	-	-	-
5-36007	5% Required Transfer per Bond	454,000	478,786	465,989	477,768	480,000	480,000	480,000	
Additional Funding	800,000	650,000	775,000	150,000	150,000	150,000	150,000	
Cash Carry Forward for R&R CIP	-	-	-	-	-	-

SW049	5-37004	Protective Coating Manholes	-	26,373	26,900	27,438	27,987	28,547	29,118	
SW064	5-37006	Replacement Meters	399,300	418,379	396,653	20,000	5,000	5,100	5,202	
SW001	5-37007	Lift Station Renewal & Replacement	41,029	139,000	140,390	141,794	143,212	144,644	146,090	
SW037	5-37009	Emergency Renewal & Replacement Projects	69,178	140,026	191,926	193,845	203,537	213,714	224,400	
SW047	5-37013	Structural Repairs Sewer Manholes	28,343	28,910	30,487	31,097	31,719	32,353	33,000	
SW050	5-37014	WTP Grounding System Improvements	-	50,000	-	-	-	-	-	
SW061	5-37017	Membrane Filter Replacement Program	-	-	-	-	-	200,000	208,000	
SW069	5-37018	Reuse Irrigation Pump Station Improvements	100,560	1,002,000	500,000	-	-	-	-	
SW066	5-37020	WWTF Plant Painting & Sealing of Tanks	-	-	-	-	-	-	-	
SW073	5-37027	Replacement Backflow Preventers	18,773	19,524	20,550	12,372	12,867	13,382	13,917	
SW078	5-37028	WTP Painting and Tank sealing								
SW081	5-37029	WTP Calcite Tank Project	-	-	145,000	
SW083	5-37030	WWTF Odor Control Improvements	-	-	-	-	-	-	-	
SW084	5-37031	Potable Water Flushing Devices	3,017	24,000	15,000	-	-	-	-	
SW085	5-37032	Emergency (Association Irrigation) R & R Projec	11,128	56,750	59,588	62,567	65,695	68,980	72,429	
SW087	5-37034	Irrigation SCADA Conversion			30,000					
SW088	5-37035	High Service Pump Station Control Upgrade	60,278							
SW089	5-37036	Reuse Pond Liner Protection (Concrete Border)	80,181							
SW090	5-37037	Clarifier Weir covers	98,360							
SW091	5-37038	Irrigation Automatic Flushing Devices	-	10,000	5,000					
SW092	5-37039	Repaving Utility site	-	-	-	175,000	
SW093	5-37040	Irrigation stormwater transfer line	-	150,000	-	
TOTAL EXPENDITURES	910,147		2,064,962		1,561,494		664,113		490,017		706,720		732,156	
FUND BALANCE, SEPTEMBER 30	   1,652,685		716,509		396,004		359,659		499,642		422,922		320,766	

TOTAL REVENUES AND FUNDS AVAILABLE  2,562,832	2,781,471	1,957,498	1,023,772	989,659	1,129,642	1,052,922 DEDUCT EXPENDITURES:

WATER CONNECTION FEE FUND

Actual
    FY 2017	FY 2018 FY 2019	FY 2020	FY 2021 FY 2022	FY 2023 

Estimated Beginning Fund Balance	1,193,184	1,213,014	1,217,022	20,924	24,826	28,728	32,630

ADD REVENUES:
5-36004	Interest Revenues	1,690	176	70	70	70	70	70	
5-36005	Impact Fee Revenues	19,598	3,832	3,832	3,832	3,832	3,832	3,832	
	-	-	-	-	-	-	-	
Additional Funding Required	 	-		 	-		 	-		 	-		 	-		 	-		 	-		

SW071	5-38010	WTP RO Modifications	-	-	-	-	-	-	-	
SW072	5-38011	High Service Pump/Hydro-tank Expansion	-	-	-	-	-	-	
SW076		Clearwell/Transfer Pump Expansion	-	800,000	-	
SW077	5-38012	Main Water Line Extension	1,459	-	400,000	
SW080	5-38013	WTP Concentrate Tank Expansion	-	-	

TOTAL REVENUES AND FUNDS AVAILABLE	1,214,473	1,217,022	1,220,924	24,826	28,728	32,630	36,532 DEDUCT EXPENDITURES:

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

TOTAL EXPENDITURES	1,459	-	1,200,000	-	-	-	-

TRANSFERS:

Transfers Out to Pay Debt Service	 	-		 		-	 		-		 		-		 		-	 		-		 	-	 TOTAL TRANSFERS OUT		-				-			-				-				-			-			- FUND BALANCE, SEPTEMBER 30	1,213,014			1,217,022		20,924			24,826			28,728		32,630 36,532

WASTEWATER CONNECTION FEE FUND

Actual
    FY 2017	FY 2018	FY 2019	 	FY 2020	 	FY 2021		 	FY 2022	 	FY 2023	

Estimated Beginning Fund Balance	231,676	247,184	250,295	253,421	256,550	259,683	262,819

ADD REVENUES:
5-36002	Interest Revenues	332	235	250	253	257	260	263	
5-36006	Impact Fee Revenues	15,176	2,876	2,876	2,876	2,876	2,876	2,876	
Unrestricted Utility Fund balance	-	-	-	-	-	
2013 Construction Bond Proceeds	 		 		 	-	 	-	 	-		 	-	 	-	

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

TOTAL REVENUES AND FUNDS AVAILABLE	247,184	250,295	253,421	256,550	259,683	262,819	265,958 DEDUCT EXPENDITURES:

FUND BALANCE, SEPTEMBER 30	247,184	250,295	253,421	256,550	259,683	262,819	265,958

Debt Service Fund - Water Management Benefit Series 2013 Bonds & Series 2014 Land Acquisition Bond Five Year Operating Forecast

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

 	SERIES 2013 BOND	

Actual		
Actual		
Estimate EOY		
Final Budget		
Budget				
Forecast		
FY 2017		FY 2018		FY 2018		FY 2018		FY 2019		FY 2020	FY 2021	FY 2022	FY 2023	
	
OPERATING REVENUE										
2-04001	Interest	$	1,871	$	1,219	600	$	10,000			2,000	2,000	2,000	
2-04002	Special Assessments	$ 1,867,205	$ 1,724,153	1,992,542	$ 1,992,542			2,064,907	2,064,907	2,064,907	
2-04005	Miscellaneous Revenue (Prepayments)	 		 		 	-	 				 	-	 	-	 	-	
	Total Revenues	  $ 1,869,076	  $ 1,725,372	  $ 1,993,142	  $ 2,002,542			   $ 2,066,907	   $ 2,066,907	  $ 2,066,907	
					$	193						
	OPERATING EXPENSES										
	Debt Service										
2-05001	Assessment Fees	40,058	44,364	40,100	40,100	40,100	40,100	40,100	40,100	40,100	
2-05002	Banking Services	10,434		6,000	6,000	6,000	6,000	6,000	6,000	6,000	
2-05014	Principal 2013	1,485,000		1,525,000	1,525,000	1,560,000	1,600,000	1,640,000	1,680,000	1,720,000	
2-05015	Interest 2013	360,632	162,199	305,793	360,471	326,403	279,477	231,363	182,061	131,571	
2-05011	Misc			10,000	10,000	10,000	10,000	10,000	10,000	10,000	
2-05860	COI			-		-	-	-	-	-	
2-05870 Land Purchase	 	       	    	    	    	    	
Total Expenses	 	1,896,124 	206,563	1,886,893   -	1,941,571            1,942,503	1,935,577 	1,927,463 	1,918,161 	1,907,671
1,845,632	1,830,793	1,885,471	1,886,403	1,879,477	1,871,363	1,862,061	1,851,571

Surplus/(Deficit) Before Transfer from
(to) Operating Reserve	(27,048)	1,518,809	106,249   -	60,971

124,404

131,330	139,444	148,746	159,236

TRANSFER FROM (TO) OPERATING RESERVE

Surplus/(Deficit)

   $	(27,048)	$    1,518,809	$	106,249	$	60,971

$ 124,404 $

131,330 $

139,444 $

148,746 $

159,236

*Coverage Provided (Required > 1.10)	1.01	1.09	1.06	1.10	1.10	1.10	1.11	1.12
*Net Revenue / Bond Payment Requirements
 	SERIES 2014 BOND	

Actual FY 2017

Actual FY 2018

Estimate EOY FY 2018

Final Budget FY 2018

Budget FY 2019

OPERATING REVENUE
Interest	-	-	-	-
2-04007   Stormwater Revenue	389,367	391,417	391,417
-	-
 	- 	 	- 	- 

Forecast

FY 2023

FY 2022

FY 2021

FY 2020

-
388,223

-	- 388,499

-	
$ 388,223	$	388,499	

-	-	-
391,138	392,017	392,663

 	- 	- 	-

Total Revenues

OPERATING EXPENSES
Debt Service

  $	389,367

  $	-

  $	391,417

  $	391,417

   $	391,138

   $	392,017

  $	392,663

Assessment Fees	-	-	-	-	-	-	-	-	-	
Banking Services	-	-	-	-	-	-	-	-	-	
2-05016 Principal 2014	255,000	135,000	265,000	265,000	270,000	280,000	290,000	300,000	310,000	
2-05017 Interest 2014	134,456	64,772	126,417	126,417	118,223	108,499	101,138	92,017	82,663	
Misc	-		-	-	-	-	-	-	-	
COI	-		-		-	-	-	-	-	

Total Expenses	 	389,456 	199,772	391,417	391,417 	388,223	388,499 	391,138 	392,017 	392,663

Surplus/(Deficit) Before Transfer from

-

(to) Operating Reserve	(89)	(199,772)	-	-

-	-	-	-

TRANSFER FROM (TO) OPERATING RESERVE

Surplus/(Deficit)

   $	(89)	$     (199,772)	$	-	$	-      $	-	$	-	$

-      $	-       $	-

Debt Service Fund - Cascades Series 2010 Five Year Operating Forecast

Actual FY 2017

Actual FY 2018

Estimate EOY FY 2018

Final Budget FY 2018

Budget FY 2019

FY 2024

FY 2023

FY 2022

FY 2021

FY 2020

Forecast

Beginning Balance - DSR	-
Est. Beginning Balance - Rev	-

OPERATING REVENUE
3-04002    Interest	344	115	70	3,500
3-04003   Special Assessments	194,378	140,958	207,540	207,540
3-04005   Miscellaneous Revenue	 	-	 	-	 	-	 	- 

-	-	-	-

-
-
-	-
-
-	
$	-	$	-	

-	-	-	-
 	- 	- 	- 	-

Total Revenues Plus Cash on Hand

  $	194,722

  $	141,073

  $	207,610

   $	211,040

   $	-

   $	-

  $	-

  $	-

OPERATING EXPENSES

-
-
-
-
-

Debt Service	20
3-05001   Assessment Fees	4,172	3,228	4,200	4,200
3-05002  Banking Services	3,897	4,000	4,000
3-05003  Principal 2010	180,000	180,000	180,000
3-05004  Interest 2010	13,989	3,574	17,563	17,563
3-05008  Misc.	-	-	-

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

      
Total Expenses	 	202,057	 	6,802    -	205,763   -	205,763 	-	- 	- 	- 	- 	-

Surplus/(Deficit) Before Transfer from
(to) Operating Reserve	(7,335)	134,271    -	1,847   -	5,277	-	-	-	-	-	-
-

TRANSFER FROM (TO) OPERATING RESERVE

Surplus/(Deficit)

   $	(7,335)	$	134,271    #   $	1,847    #  $	5,277      $	-	$	-	$

-	$	-      $	-      $	-

*Coverage Provided (Required > 1.10)	1.00	1.05	1.07
*Net Revenue / Bond Payment Requirements