Hobe St. Lucie Conservancy District

Scenario 2
Assuming No Payment on SFWMD Lands

Budget
Fiscal Year 2017/2018 October 1, 2017 - September 30, 2018

CONTENTS

I       OPERATING AND MAINTENANCE BUDGET - UNIT 1 II     OPERATING AND MAINTENANCE BUDGET - UNIT 2 III       OPERATING AND MAINTENANCE BUDGET - UNIT 3
IV	OPERATING AND MAINTENANCE BUDGET - BALANCE OF THE DISTRICT V	OPERATING AND MAINTENANCE BUDGET - UNIT 5
VI	OPERATING AND MAINTENANCE BUDGET - OVERALL DISTRICT VII	ASSESSMENTS

O&M BUDGET
HOBE ST. LUCIE CONSERVANCY DISTRICT - UNIT 1 FISCAL YEAR 2017/2018
October 1, 2017 - September 30, 2018

	UNIT OF DEVELOPMENT #1

2015/2016
ACTUAL	UNIT OF DEVELOPMENT #1

2016/2017
ACTUAL 10/1/16 - 6/21/17	UNIT OF DEVELOPMENT #1

2016/2017
BUDGET	UNIT OF DEVELOPMENT #1
1,769.29 ACRES FISCAL YEAR 2017/2018
ANNUAL BUDGET	
REVENUES					
Administrative Assessments	21,359	21,289	21,285	36,182	
Overall Maintenance Assessments	51,485	51,486	51,486	92,658	
Maintenance Assessments	32,132	0	0	4,140	
Surplus Carryover	0	0	0	0	
Carryover Projects Not Completed	0	0	0	0	
Other Income	21,090	0	0	0	
Interest Income	482	328	36	75	
					
TOTAL REVENUES	$	126,547	$	73,102	$	72,807	$	133,055	
					
EXPENDITURES					
ADMINISTRATIVE EXPENDITURES					
Supervisor Fees/Costs	0	0	0	0	
Management	4,189	2,793	4,189	4,189	
Legal Fees	4,029	4,201	5,876	5,876	
Engineering	5,283	3,933	7,190	7,190	
Assessment Roll	691	0	691	691	
Audit Fees	420	350	429	442	
Office Expense	0	0	0	0	
Insurance	783	799	862	879	
Legal Advertisements	78	34	83	83	
Miscellaneous	97	50	173	173	
Postage	55	11	44	44	
Office Supplies	392	70	138	138	
Dues & Subscriptions	24	24	24	24	
Website	346	231	346	346	
Contingency - SFWMD Non Payment Remedy	0	0	0	6,222	
Shortfall - SFWMD	0	0	0	7,782	
					
TOTAL ADMINISTRATIVE EXPENDITURES	$	16,388	$	12,495	$	20,044	$	34,078	
					
MAINTENANCE EXPENDITURES					
Aquatic Weed Control	0	0	0	0	
Canals & Ditches	0	0	0	0	
Roadways & Right of Ways	0	0	0	0	
Pumps & Wells Maintenance	0	0	0	0	
Electricity/Utilities	0	0	0	0	
Engineering	0	0	0	0	
Water Samples	0	345	0	0	
Law Maintenance / Landscape	0	0	0	0	
Maintenance Management (SDS)	0	0	0	0	
Miscellaneous Maintenance	0	0	0	0	
Repairs & Maintenance - Equipment	0	0	0	0	
Canal Area Maintenance - Culvert Replacement	0	0	0	0	
Maintenance Contingency	0	0	0	0	
Maintenance Management (Grassroots)	3,900	2,600	0	3,900	
Capital Improvements	0	0	0	0	
					
TOTAL MAINTENANCE EXPENDITURES	$	3,900	$	2,945	$	-	$	3,900	
					
TOTAL EXPENDITURES	$	20,288	$	15,440	$	20,044	$	37,978	
					
EXCESS/SHORTFALL	$	106,258	$	57,661	$	52,763	$	95,077	

County Assessment Fees	(1,129)	(1,426)	(1,455)	(2,660)	
Discounts For Early Payments	(2,914)	(2,911)	(2,911)	(5,319)	
					
Net Excess/Shortfall	$	102,216	$	53,324	$	48,397	$	87,098	
					
Transfer to Overall Maintenance	(48,396)	(48,397)	(48,397)	(87,098)	
					
Net Excess/Shortfall	$	53,820	$	4,928	$	-	$	-	

Available Cash Balance 10/1/16	$ 259,479.65	
Net Income as of 6/21/17	$	4,927.56	

Available Cash Balance 6/21/17	
$ 264,407.21	

O&M BUDGET
HOBE ST. LUCIE CONSERVANCY DISTRICT - UNIT 2 FISCAL YEAR 2017/2018
October 1, 2017 - September 30, 2018

	UNIT OF DEVELOPMENT #2

2015/2016
ACTUAL	UNIT OF DEVELOPMENT #2

2016/2017
ACTUAL 10/1/16 - 6/21/17	UNIT OF DEVELOPMENT #2

2016/2017
BUDGET	UNIT OF DEVELOPMENT #2
2,833.42 ACRES FISCAL YEAR 2017/2018
ANNUAL BUDGET	
REVENUES					
Administrative Assessments	34,083	33,973	34,086	57,943	
Overall Maintenance Assessments	82,161	82,162	82,453	148,386	
Maintenance Assessments	0	0	0	8,302	
Surplus Carryover	0	0	0	0	
Carryover Projects Not Completed	0	0	0	0	
Other Income	3,735	0	0	0	
Interest Income	103	30	61	105	
					
TOTAL REVENUES	$	120,081	$	116,166	$	116,600	$	214,736	
					
EXPENDITURES					
ADMINISTRATIVE EXPENDITURES					
Supervisor Fees/Costs	0	0	0	0	
Management	6,709	4,473	6,709	6,709	
Legal Fees	3,850	5,286	9,410	9,410	
Engineering	8,491	6,298	11,514	11,514	
Assessment Roll	1,107	0	1,107	1,107	
Audit Fees	690	575	686	709	
Office Expense	0	0	0	0	
Insurance	1,254	1,279	1,380	1,407	
Legal Advertisements	125	55	133	133	
Miscellaneous	14	79	277	277	
Postage	12	18	70	70	
Office Supplies	70	113	221	221	
Dues & Subscriptions	39	39	39	39	
Website	554	369	554	554	
Contingency	0	0	0	9,964	
Shortfall - SFWMD	0	0	0	12,462	
					
TOTAL ADMINISTRATIVE EXPENDITURES	$	22,916	$	18,584	$	32,100	$	54,575	
					
MAINTENANCE EXPENDITURES					
Aquatic Weed Control	0	0	0	0	
Canals & Ditches	0	0	0	0	
Roadways & Right of Ways	0	0	0	0	
Pumps & Wells Maintenance	0	0	0	0	
Electricity/Utilities	1,454	69	0	0	
Engineering	0	0	0	0	
Water Samples	0	553	0	0	
Law Maintenance / Landscape	0	0	0	0	
Maintenance Management (SDS)	0	0	0	0	
Miscellaneous Maintenance	0	0	0	0	
Repairs & Maintenance - Equipment	0	0	0	0	
Canal Area Maintenance - Culvert Replacement	0	0	0	0	
Maintenance Contingency	0	0	0	0	
Maintenance Management (Grassroots)	7,800	5,200	0	7,800	
Capital Improvements	0	0	0	0	
					
TOTAL MAINTENANCE EXPENDITURES	$	9,254	$	5,822	$	-	$	7,800	
					
TOTAL EXPENDITURES	$	32,170	$	24,406	$	32,100	$	62,375	
					
EXCESS/SHORTFALL	$	87,911	$	91,760	$	84,500	$	152,361	

County Assessment Fees	(1,801)	(2,276)	(2,331)	(4,293)	
Discounts For Early Payments	(4,650)	(4,645)	(4,662)	(8,585)	
					
Net Excess/Shortfall	$	81,461	$	84,839	$	77,508	$	139,483	
					
Transfer to Overall Maintenance	(77,231)	(77,235)	(77,508)	(139,483)	
					
Net Excess/Shortfall	$	4,230	$	7,604	$	-	$	-	

Available Cash Balance 10/1/16	$	26,821.08	
Net Income as of 6/21/17	$	7,604.27	

Available Cash Balance 6/21/17	
$	34,425.35	

CAPITAL IMPROVEMENT PROJECTS

REVENUES	UNIT OF DEVELOPMENT #2 CIP

2015/2016
ACTUAL	UNIT OF DEVELOPMENT #2 CIP
2016/2017
ACTUAL 10/1/16 - 6/21/17	UNIT OF DEVELOPMENT #2 CIP

2016/2017
BUDGET	UNIT OF DEVELOPMENT #2 CIP
FISCAL YEAR 2017/2018
ANNUAL BUDGET	
Interest Income	403	312	1,000	1,000	
					
TOTAL REVENUES	$	403	$	312	$	1,000	$	1,000	
					
EXPENDITURES					
Capital Improvements	0	0	0	0	
					
TOTAL EXPENDITURES	$	-	$	-	$	-	$	-	
					
EXCESS/SHORTFALL	$	403	$	312	$	1,000	$	1,000	

 	
Available Cash Balance 10/1/16	$ 830,866.20	
Net Income as of 6/21/17	$	311.94	

Available Cash Balance 6/21/17	
$ 831,178.14	

O&M BUDGET
HOBE ST. LUCIE CONSERVANCY DISTRICT - UNIT 3 FISCAL YEAR 2017/2018
October 1, 2017 - September 30, 2018

	UNIT OF DEVELOPMENT #3

2015/2016
ACTUAL	UNIT OF DEVELOPMENT #3

2016/2017
ACTUAL 10/1/16 - 6/21/17	UNIT OF DEVELOPMENT #3

2016/2017
BUDGET	UNIT OF DEVELOPMENT #3
747.20 ACRES FISCAL YEAR
2017/2018
ANNUAL BUDGET	
REVENUES					
Administrative Assessments	9,020	8,991	8,988	15,280	
Overall Maintenance Assessments	21,743	21,743	21,744	39,131	
Maintenance Assessments	0	0	0	4,147	
Surplus Carryover	0	0	0	0	
Carryover Projects Not Completed	0	0	0	0	
Other Income	0	0	0	0	
Interest Income	74	25	15	30	
					
TOTAL REVENUES	$	30,837	$	30,758	$	30,747	$	58,588	
					
EXPENDITURES					
ADMINISTRATIVE EXPENDITURES					
Supervisor Fees/Costs	0	0	0	0	
Management	1,769	1,179	1,769	1,769	
Legal Fees	1,990	1,394	2,482	2,482	
Engineering	2,231	1,661	3,036	3,036	
Assessment Roll	292	0	292	292	
Audit Fees	180	150	181	187	
Office Expense	0	0	0	0	
Insurance	331	337	364	371	
Legal Advertisements	33	14	35	35	
Miscellaneous	4	21	73	73	
Postage	3	5	18	18	
Office Supplies	20	30	58	58	
Dues & Subscriptions	10	10	10	10	
Website	146	97	146	146	
Contingency	0	0	0	2,628	
Shortfall - SFWMD	0	0	0	3,287	
					
TOTAL ADMINISTRATIVE EXPENDITURES	$	7,008	$	4,899	$	8,464	$	14,391	
					
MAINTENANCE EXPENDITURES					
Aquatic Weed Control	0	0	0	0	
Canals & Ditches	0	0	0	0	
Roadways & Right of Ways	0	0	0	0	
Pumps & Wells Maintenance	405	0	0	0	
Electricity/Utilities	16	11	0	0	
Engineering	0	0	0	0	
Water Samples	131	146	0	0	
Law Maintenance / Landscape	0	0	0	0	
Maintenance Management (SDS)	0	0	0	0	
Miscellaneous Maintenance	0	0	0	0	
Repairs & Maintenance - Equipment	0	0	0	0	
Canal Area Maintenance - Culvert Replacement	0	0	0	0	
Maintenance Contingency	0	0	0	0	
Maintenance Management (Grassroots)	3,900	2,600	0	3,900	
Capital Improvements	0	0	0	0	
					
TOTAL MAINTENANCE EXPENDITURES	$	4,452	$	2,757	$	-	$	3,900	
					
TOTAL EXPENDITURES	$	11,460	$	7,656	$	8,464	$	18,291	
					
EXCESS/SHORTFALL	$	19,377	$	23,103	$	22,283	$	40,296	

County Assessment Fees	(477)	(602)	(615)	(1,171)	
Discounts For Early Payments	(1,230)	(1,229)	(1,229)	(2,342)	
					
Net Excess/Shortfall	$	17,669	$	21,271	$	20,439	$	36,783	
					
Transfer to Overall Maintenance	(20,438)	(20,439)	(20,439)	(36,783)	
					
Net Excess/Shortfall	$	(2,769)	$	833	$	-	$	-	

Available Cash Balance 10/1/16	$ 19,348.04	
Net Income as of 6/21/17	$	832.53	

Available Cash Balance 6/21/17	
$ 20,180.57	

CAPITAL IMPROVEMENT PROJECTS

REVENUES	UNIT OF DEVELOPMENT #3 CIP

2015/2016
ACTUAL	UNIT OF DEVELOPMENT #3 CIP
2016/2017
ACTUAL 10/1/16 - 6/21/17	UNIT OF DEVELOPMENT #3 CIP

2016/2017
BUDGET	UNIT OF DEVELOPMENT #3 CIP
FISCAL YEAR 2017/2018
ANNUAL BUDGET	
Interest Income	5	2	20	5	
					
TOTAL REVENUES	$	5	$	2	$	20	$	5	
					
EXPENDITURES					
Capital Improvements	18,704	0	0	0	
					
TOTAL EXPENDITURES	$	18,704	$	-	$	-	$	-	
					
EXCESS/SHORTFALL	$	(18,699)	$	2	$	20	$	5	

 	
Available Cash Balance 10/1/16	$	800.11	
Net Income as of 6/21/17	$	1.90	

Available Cash Balance 6/21/17	
$	802.01	

O&M BUDGET
HOBE ST. LUCIE CONSERVANCY DISTRICT - BALANCE OF THE DISTRICT FISCAL YEAR 2017/2018
October 1, 2017 - September 30, 2018

	BALANCE OF DISTRICT

2015/2016
ACTUAL	BALANCE OF DISTRICT

2016/2017
ACTUAL 10/1/16 - 6/21/17	BALANCE OF DISTRICT

2016/2017
BUDGET	BALANCE OF DISTRICT 4,042.04 FISCAL YEAR 2017/2018
ANNUAL BUDGET	
REVENUES					
Administrative Assessments	44,766	44,934	48,626	82,660	
Overall Maintenance Assessments	107,901	108,698	117,623	211,682	
Maintenance Assessments	100,508	101,230	109,539	205,295	
Surplus Carryover	0	0	0	0	
Carryover Projects Not Completed	0	0	0	0	
Other Income	0	0	0	0	
Interest Income	163	43	117	202	
					
TOTAL REVENUES	$	253,338	$	254,905	$	275,905	$	499,838	
					
EXPENDITURES					
ADMINISTRATIVE EXPENDITURES					
Supervisor Fees/Costs	0	0	0	0	
Management	9,571	6,381	9,571	9,571	
Legal Fees	5,492	7,541	13,424	13,424	
Engineering	12,070	8,984	16,425	16,425	
Assessment Roll	1,579	0	1,580	1,580	
Audit Fees	930	775	979	1,011	
Office Expense	0	0	0	0	
Insurance	1,789	1,825	1,969	2,008	
Legal Advertisements	179	78	190	190	
Miscellaneous	21	113	395	395	
Postage	14	25	99	99	
Office Supplies	101	167	316	316	
Dues & Subscriptions	55	55	55	55	
Website	789	526	790	790	
Contingency	0	0	0	14,214	
Shortfall - SFWMD	0	0	0	31,992	
					
TOTAL ADMINISTRATIVE EXPENDITURES	$	32,590	$	26,471	$	45,792	$	92,068	
					
MAINTENANCE EXPENDITURES					
Aquatic Weed Control	8,450	0	28,000	14,000	
Canals & Ditches	55,400	0	30,000	15,000	
Roadways & Right of Ways	9,440	3,500	20,000	10,000	
Pumps & Wells Maintenance	0	0	0	0	
Electricity/Utilities	0	0	0	0	
Engineering	0	0	0	0	
Water Samples	0	788	0	0	
Law Maintenance / Landscape	0	0	0	0	
Maintenance Management (SDS)	0	0	0	0	
Miscellaneous Maintenance	0	5,449	5,000	2,500	
Repairs & Maintenance - Equipment	0	0	0	0	
Canal Area Maintenance - Culvert Replacement	0	0	10,000	5,000	
Maintenance Shortfall - SFWMD	0	0	0	124,511	
Maintenance Management (Grassroots)	15,600	8,450	0	7,800	
Capital Improvements	0	0	0	0	
					
TOTAL MAINTENANCE EXPENDITURES	$	88,890	$	18,187	$	93,000	$	178,811	
					
TOTAL EXPENDITURES	$	121,480	$	44,659	$	138,792	$	270,880	
					
EXCESS/SHORTFALL	$	131,857	$	210,247	$	137,113	$	228,959	

County Assessment Fees	(4,052)	(5,277)	(5,516)	(9,993)	
Discounts For Early Payments	(9,853)	(1,880)	(11,032)	(19,985)	
					
Net Excess/Shortfall	$	117,952	$	203,089	$	120,566	$	198,981	
					
Transfer to Overall Maintenance	(101,427)	(102,176)	(110,566)	(198,981)	
					
Net Excess/Shortfall	$	16,526	$	100,913	$	10,000	$	-	

Available Cash Balance 10/1/16	$	22,956.41	
Net Income as of 6/21/17	$ 100,913.01	

Available Cash Balance 6/21/17	
$ 123,869.42	

O&M BUDGET
HOBE ST. LUCIE CONSERVANCY DISTRICT - UNIT 5 FISCAL YEAR 2016/2017
October 1, 2016 - September 30, 2017

	UNIT OF DEVELOPMENT #5

2015/2016
ACTUAL	UNIT OF DEVELOPMENT #5

2016/2017
ACTUAL 10/1/16 - 6/21/17	UNIT OF DEVELOPMENT #5

2016/2017
BUDGET	UNIT OF DEVELOPMENT #5
3,404.86 ACRES FISCAL YEAR 2017/2018
ANNUAL BUDGET	
REVENUES					
Administrative Assessments	19,814	19,678	19,680	19,680	
Overall Maintenance Assessments	0	0	0	0	
Maintenance Assessments	0	0	0	0	
Surplus Carryover	0	0	20,000	46,949	
Carryover Projects Not Completed	0	0	0	0	
Other Income	0	0	0	0	
Interest Income	197	118	74	142	
					
TOTAL REVENUES	$	20,011	$	19,796	$	39,754	$	66,771	
					
EXPENDITURES					
ADMINISTRATIVE EXPENDITURES					
Supervisor Fees/Costs	0	0	0	0	
Management	8,062	5,375	8,062	8,062	
Legal Fees	4,626	6,352	11,308	11,308	
Engineering	10,167	7,568	13,836	13,836	
Assessment Roll	1,330	0	1,330	1,330	
Audit Fees	780	650	825	851	
Office Expense	0	0	0	0	
Insurance	1,507	1,537	1,658	1,691	
Legal Advertisements	151	66	160	160	
Miscellaneous	17	96	333	333	
Postage	12	21	84	84	
Office Supplies	83	136	266	266	
Dues & Subscriptions	47	47	47	47	
Website	665	443	665	665	
Contingency	0	0	0	11,973	
Shortfall - SFWMD	0	0	0	14,984	
					
TOTAL ADMINISTRATIVE EXPENDITURES	$	27,447	$	22,290	$	38,573	$	65,590	
					
MAINTENANCE EXPENDITURES					
Aquatic Weed Control	0	0	0	0	
Canals & Ditches	0	0	0	0	
Roadways & Right of Ways	0	0	0	0	
Pumps & Wells Maintenance	0	0	0	0	
Electricity/Utilities	0	0	0	0	
Engineering	0	0	0	0	
Water Samples	0	664	0	0	
Law Maintenance / Landscape	0	0	0	0	
Maintenance Management (SDS)	0	0	0	0	
Miscellaneous Maintenance	0	0	0	0	
Repairs & Maintenance - Equipment	0	0	0	0	
Canal Area Maintenance - Culvert Replacement	0	0	0	0	
Maintenance Contingency	0	0	0	0	
Maintenance Management (Grassroots)	0	0	0	0	
Capital Improvements	0	0	0	0	
					
TOTAL MAINTENANCE EXPENDITURES	$	-	$	664	$	-	$	-	
					
TOTAL EXPENDITURES	$	27,447	$	22,954	$	38,573	$	65,590	
					
EXCESS/SHORTFALL	$	(7,436)	$	(3,158)	$	1,181	$	1,181	

County Assessment Fees	(308)	(386)	(394)	(394)	
Discounts For Early Payments	(737)	(769)	(787)	(787)	
					
Net Excess/Shortfall	$	(8,481)	$	(4,313)	$	-	$	-	
					
Transfer to Overall Maintenance	-	-	-	-	
					
Net Excess/Shortfall	$	(8,481)	$	(4,313)	$	-	$	-	

Available Cash Balance 10/1/16	$ 61,153.80	
Net Income as of 6/21/17	$ (4,312.79)	

Available Cash Balance 6/21/17	
$ 56,841.01	

O&M BUDGET
HOBE ST. LUCIE CONSERVANCY DISTRICT - OVERALL DISTRICT FISCAL YEAR 2017/2018
October 1, 2017 - September 30, 2018

	OVERALL DISTRICT

2015/2016
ACTUAL	OVERALL DISTRICT

2016/2017
ACTUAL 10/1/16 - 6/21/17	OVERALL DISTRICT

2016/2017
BUDGET	OVERALL DISTRICT 9,343.68 ACRES FISCAL YEAR 2017/2018
ANNUAL BUDGET	
REVENUES					
Unit 1 Transfer	48,396	48,397	48,397	87,098	
Unit 2 Transfer	77,231	77,235	77,508	139,483	
Unit 3 Transfer	20,438	20,439	20,439	36,783	
Unit BOD Transfer	101,427	102,176	110,566	198,981	
Unit 5 Transfer	0	0	0	0	
Other Income / Carryover	36,066	13,292	50,000	50,000	
Interest Income	0	0	0	0	
					
TOTAL REVENUES	$	283,558	$	261,538	$	306,910	$	512,345	
					
EXPENDITURES					
ADMINISTRATIVE EXPENDITURES					
Supervisor Fees/Costs	0	0	0	0	
Management	0	0	0	0	
Legal Fees	0	0	0	0	
Engineering	0	0	0	0	
Assessment Roll	0	0	0	0	
Audit Fees	0	0	0	0	
Office Expense	0	0	0	0	
Insurance	0	0	0	0	
Legal Advertisements	0	0	0	0	
Miscellaneous	0	0	0	0	
Postage	0	0	0	0	
Office Supplies	0	0	0	0	
Dues & Subscriptions	0	0	0	0	
Website	0	0	0	0	
Contingency	0	0	0	0	
Shortfall - SFWMD	0	0	0	195,373	
					
TOTAL ADMINISTRATIVE EXPENDITURES	$	-	$	-	$	-	$	195,373	
					
MAINTENANCE EXPENDITURES					
Aquatic Weed Control	18,202	70,417	40,000	40,000	
Canals & Ditches	45,867	25,175	35,000	35,000	
Roadways & Right of Ways	34,965	17,500	30,000	30,000	
Pumps & Wells Maintenance	6,640	7,306	10,000	10,000	
Electricity/Utilities	98,662	72,764	130,000	130,000	
Engineering	2,473	2,451	0	0	
Water Samples	0	0	1,500	1,500	
Law Maintenance / Landscape	6,327	0	0	0	
Maintenance Management (SDS)	6,000	4,800	5,000	5,000	
Miscellaneous Maintenance	8,685	0	410	472	
Repairs & Maintenance - Equipment	840	8,828	0	0	
Canal Area Maintenance - Culvert Replacement	0	0	10,000	10,000	
Maintenance Contingency	0	0	15,000	15,000	
Maintenance Management (Grassroots)	46,800	33,150	20,000	20,000	
Capital Improvements	1,965	7,200	20,000	20,000	
					
TOTAL MAINTENANCE EXPENDITURES	$	277,426	$	249,591	$	316,910	$	316,972	
					
TOTAL EXPENDITURES	$	277,426	$	249,591	$	316,910	$	512,345	
					
EXCESS/SHORTFALL	$	6,131	$	11,947	$	(10,000)	$	-	

County Assessment Fees	-	-	-	-	
Discounts For Early Payments	-	-	-	-	
					
Net Excess/Shortfall	$	6,131	$	11,947	$	(10,000)	$	-	

Available Cash Balance 10/1/16	$ 179,525.56	
Net Income as of 6/21/17	$ 11,946.53	

Available Cash Balance 6/21/17	
$ 191,472.09	

Hobe-St. Lucie Conservancy District Assessment Breakdown 2016-2017

2017 / 2018 Proposed
					Balance of the	
	Unit 1	Unit 2	Unit 3	Unit 5	District	
Acres	1,769.29	2,833.42	747.2	3,404.86	4,042.04	
Administrative Assessment						
(per acre)	$20.45	$20.45	$20.45	$5.78	$20.45	
Overall Admin./Maint. Assessment						
(per acre)	$52.37	$52.37	$52.37	$0.00	$52.37	
Maintenance Assessment						
(per acre)	$2.34	$2.93	$5.55	$0.00	$50.79	
Total Assessment						
(per acre)	 	$75.16		 	$75.75		 	$78.37		 	$5.78		$123.61	

Total Assessment	

$132,980	

$214,632	

$58,558	

$19,680	

$499,637	

2016 / 2017 Actual
					Balance of the	
	Unit 1	Unit 2	Unit 3	Unit 5	District	
Acres	1,769.29	2,833.42	747.2	3,404.86	4,042.04	
Administrative Assessment						
(per acre)	$12.03	$12.03	$12.03	$5.78	$12.03	
Overall Admin./Maint. Assessment						
(per acre)	$29.10	$29.10	$29.10	$0.00	$29.10	
Maintenance Assessment						
(per acre)	$0.00	$0.00	$0.00	$0.00	$27.10	
Total Assessment						
(per acre)	 	$41.13		 	$41.13		 	$41.13		 	$5.78		$68.23	

Total Assessment	

$72,771	

$116,539	

$30,732	

$19,680	

$275,788	

O&M BUDGET
HOBE ST. LUCIE CONSERVANCY DISTRICT - TOTAL FISCAL YEAR 2016/2017
October 1, 2016 - September 30, 2017

	TOTAL BUDGET

2014/2015
ACTUAL	TOTAL BUDGET

2015/2016
ACTUAL 10/1/15 - 4/30/16	TOTAL BUDGET

2015/2016
BUDGET	TOTAL BUDGET

FISCAL YEAR 2016/2017
ANNUAL BUDGET	
REVENUES					
Administrative Assessments	129,041	128,865	132,665	211,745	
Overall Maintenance Assessments	263,289	264,089	273,306	491,856	
Maintenance Assessments	132,640	101,230	109,539	221,884	
Surplus Carryover	0	0	20,000	46,949	
Carryover Projects Not Completed	0	0	0	0	
Other Income	60,891	13,292	50,000	50,000	
Interest Income	1,017	543	303	554	
					
TOTAL REVENUES	$	586,878	$	508,019	$	585,812	$	1,022,989	
					
EXPENDITURES					
ADMINISTRATIVE EXPENDITURES					
Supervisor Fees/Costs	0	0	0	0	
Management	30,300	20,200	30,300	30,300	
Legal Fees	19,987	24,775	42,500	42,500	
Engineering	38,242	28,443	52,000	52,000	
Assessment Roll	5,000	0	5,000	5,000	
Audit Fees	3,000	2,500	3,100	3,200	
Office Expense	0	0	0	0	
Insurance	5,665	5,778	6,232	6,356	
Legal Advertisements	566	248	600	600	
Miscellaneous	153	359	1,250	1,250	
Postage	95	80	315	315	
Office Supplies	666	515	1,000	1,000	
Dues & Subscriptions	175	175	175	175	
Website	2,500	1,667	2,500	2,500	
Contingency	0	0	0	45,000	
Shortfall Contingency	0	0	0	265,880	
					
TOTAL ADMINISTRATIVE EXPENDITURES	$	106,349	$	84,740	$	144,972	$	456,076	
					
MAINTENANCE EXPENDITURES					
Aquatic Weed Control	26,652	70,417	68,000	54,000	
Canals & Ditches	101,267	25,175	65,000	50,000	
Roadways & Right of Ways	44,405	21,000	50,000	40,000	
Pumps & Wells Maintenance	7,045	7,306	10,000	10,000	
Electricity/Utilities	100,132	72,844	130,000	130,000	
Engineering	2,473	2,451	0	0	
Water Samples	131	2,496	1,500	1,500	
Law Maintenance / Landscape	6,327	0	0	0	
Maintenance Management (Becker)	6,000	4,800	5,000	5,000	
Miscellaneous Maintenance	8,685	5,449	5,410	2,972	
Repairs & Maintenance - Equipment	840	8,828	0	0	
Canal Area Maintenance - Culvert Replacement	0	0	20,000	15,000	
Maintenance Contingency	0	0	15,000	139,511	
Maintenance Management (Pendarvis)	78,000	52,000	20,000	43,400	
Capital Improvements	1,965	7,200	20,000	20000	
					
TOTAL MAINTENANCE EXPENDITURES	$	383,922	$	279,966	$	409,910	$	511,383	
					
TOTAL EXPENDITURES	$	490,271	$	364,706	$	554,882	$	967,459	
					
EXCESS/SHORTFALL	$	96,608	$	143,313	$	30,931	$	55,529	

County Assessment Fees	(7,767)	(9,968)	(10,310)	(18,510)	
Discounts For Early Payments	(19,384)	(11,434)	(20,620)	(37,019)	
					
Net Excess/Shortfall	$	69,457	$	121,911	$	0	$	0	

Avaiable Cash Balance 10/1/15	$ 569,284.54	
Net Income as of 4/30/16	$ 121,911.11	

Avaiable Cash balance 4/30/16	
$ 691,195.65	

9/26/2017   Time	I