Hobe St. Lucie Conservancy District

Amended Final Budget For Fiscal Year 2018/2019
October 1, 2018 - September 30, 2019

CONTENTS

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

AMENDED O&M BUDGET
HOBE ST. LUCIE CONSERVANCY DISTRICT - UNIT 1 - FISCAL YEAR 2018/2019
October 1, 2018 - September 30, 2019

	UNIT OF DEVELOPMENT #1

2018/2019
ACTUAL 10/1/18-9/25/19	UNIT OF DEVELOPMENT #1
1,769.29 ACRES FISCAL YEAR 2018/2019
ANNUAL BUDGET		UNIT OF DEVELOPMENT #1
1,769.29 ACRES FISCAL YEAR 2018/2019
AMENDED BUDGET	
REVENUES					
Administrative Assessments	36,263	36,182		36,263	
Overall Maintenance Assessments	92,824	92,658		92,824	
Maintenance Assessments	4,143	4,140		4,143	
Surplus Carryover	0	0		0	
Carryover Projects Not Completed	0	0		0	
Other Income	0	0		0	
Interest Income	349	75		349	
					
TOTAL REVENUES	$	133,579	$	133,055		$	133,579	
					
EXPENDITURES					
ADMINISTRATIVE EXPENDITURES					
Supervisor Fees/Costs	0	0		0	
Management	4,189	4,189		4,189	
Legal Fees	13,569	5,876		13,569	
Engineering	10,899	7,190		10,899	
Assessment Roll	691	691		691	
Audit Fees	455	442		455	
Office Expense	0	0		0	
Insurance	691	879		691	
Legal Advertisements	21	83		21	
Miscellaneous	30	173		2,030	
Postage	10	44		10	
Office Supplies	83	138		83	
Dues & Subscriptions	24	24		24	
Website	346	346		346	
Contingency/Litigation	378	6,222		378	
Shortfall Contingency	0	7,782		0	
					
TOTAL ADMINISTRATIVE EXPENDITURES	$	31,386	$	34,078		$	33,386	
					
MAINTENANCE EXPENDITURES					
Aquatic Weed Control	0	0		0	
Canals & Ditches	30,825	0		30,825	
Roadways & Right of Ways	0	0		0	
Pumps & Wells Maintenance	0	0		0	
Electricity/Utilities	0	0		0	
Engineering	0	0		0	
Water Samples	0	0		0	
Law Maintenance / Landscape	0	0		0	
Maintenance Management (SDS)	0	0		0	
Miscellaneous Maintenance	0	0		3,000	
Repairs & Maintenance - Equipment	0	0		0	
Canal Area Maintenance - Culvert Replacement	62,203	0		62,203	
Maintenance Contingency	0	0		0	
Maintenance Management (Grassroots)	3,900	3,900		3,900	
Capital Improvements	0	0		0	
					
TOTAL MAINTENANCE EXPENDITURES	$	96,928	$	3,900		$	99,928	
					
TOTAL EXPENDITURES	$	128,314	$	37,978		$	133,314	
					
TOTAL REVENUES LESS TOTAL EXPENDITURES	$	5,265	$	95,077		$	265	

County Assessment Fees	(2,618)	(2,660)		(2,606)	
Discounts For Early Payments	(4,826)	(5,319)		(5,319)	
					
EXCESS/SHORTFALL	$	(2,179)	$	87,098		$	(7,660)	
					
Transfer to Overall Maintenance	(87,255)	(87,098)		(87,101)	
					
NET EXCESS/SHORTFALL	$	(89,434)	$	-		$	(94,761)	

Available Cash Balance 10/1/18	$ 223,585.68	
Net Income as of 9/25/19	$ (89,433.65)	

Available Cash Balance 9/25/19	
$ 134,152.03	

AMENDED O&M BUDGET
HOBE ST. LUCIE CONSERVANCY DISTRICT - UNIT 2 - FISCAL YEAR 2018/2019
October 1, 2018 - September 30, 2019

	UNIT OF DEVELOPMENT #2

2018/2019
ACTUAL 10/1/18-9/25/19	UNIT OF DEVELOPMENT #2
2,833.42 ACRES FISCAL YEAR 2018/2019
ANNUAL BUDGET		UNIT OF DEVELOPMENT #2
2,833.42 ACRES FISCAL YEAR 2018/2019
AMENDED BUDGET	
REVENUES					
Administrative Assessments	57,750	57,943		57,750	
Overall Maintenance Assessments	147,877	148,386		147,877	
Maintenance Assessments	8,277	8,302		8,277	
Surplus Carryover	0	0		0	
Carryover Projects Not Completed	0	0		0	
Other Income	0	0		0	
Interest Income	110	105		110	
					
TOTAL REVENUES	$	214,014	$	214,736		$	214,014	
					
EXPENDITURES					
ADMINISTRATIVE EXPENDITURES					
Supervisor Fees/Costs	0	0		0	
Management	6,709	6,709		6,709	
Legal Fees	4,427	9,410		4,427	
Engineering	8,357	11,514		8,357	
Assessment Roll	1,107	1,107		1,107	
Audit Fees	730	709		730	
Office Expense	0	0		0	
Insurance	1,107	1,407		1,107	
Legal Advertisements	34	133		34	
Miscellaneous	48	277		4,048	
Postage	15	70		15	
Office Supplies	133	221		133	
Dues & Subscriptions	39	39		39	
Website	554	554		554	
Contingency/Litigation	605	9,964		605	
Shortfall Contingency	0	12,462		0	
					
TOTAL ADMINISTRATIVE EXPENDITURES	$	23,866	$	54,575		$	27,866	
					
MAINTENANCE EXPENDITURES					
Aquatic Weed Control	0	0		0	
Canals & Ditches	0	0		0	
Roadways & Right of Ways	0	0		0	
Pumps & Wells Maintenance	0	0		0	
Electricity/Utilities	168	0		168	
Engineering	0	0		0	
Water Samples	0	0		0	
Law Maintenance / Landscape	0	0		0	
Maintenance Management (SDS)	0	0		0	
Miscellaneous Maintenance	0	0		1,000	
Repairs & Maintenance - Equipment	0	0		0	
Canal Area Maintenance - Culvert Replacement	0	0		0	
Maintenance Contingency	0	0		0	
Maintenance Management (Grassroots)	7,800	7,800		7,800	
Capital Improvements	0	0		0	
					
TOTAL MAINTENANCE EXPENDITURES	$	7,968	$	7,800		$	8,968	
					
TOTAL EXPENDITURES	$	31,834	$	62,375		$	36,834	
					
TOTAL REVENUES LESS TOTAL EXPENDITURES	$	182,180	$	152,361		$	177,180	

County Assessment Fees	(4,192)	(4,293)		(4,192)	
Discounts For Early Payments	(8,555)	(8,585)		(8,555)	
					
EXCESS/SHORTFALL	$	169,432	$	139,483		$	164,432	
					
Transfer to Overall Maintenance	(139,004)	(139,483)		(138,984)	
					
NET EXCESS/SHORTFALL	$	30,428	$	-		$	25,448	

Available Cash Balance 10/1/18	$	48,103.35	
Net Income as of 9/25/19	$	30,427.99	

Available Cash Balance 9/25/19	
$	78,531.34	

CAPITAL IMPROVEMENT PROJECTS

REVENUES	UNIT OF DEVELOPMENT #2 CIP
2018/2019
ACTUAL 10/1/18-9/25/19	UNIT OF DEVELOPMENT #2 CIP
FISCAL YEAR 2018/2019
ANNUAL BUDGET		UNIT OF DEVELOPMENT #2 CIP
FISCAL YEAR 2018/2019
AMENDED BUDGET	
Interest Income	4,786	1,000		2,245	
					
TOTAL REVENUES	$	4,786	$	1,000		$	2,245	
					
EXPENDITURES					
Capital Improvements	0	0		1,000	
					
TOTAL EXPENDITURES	$	-	$	-		$	1,000	
					
NET EXCESS/SHORTFALL	$	4,786	$	1,000		$	1,245	

 	
Available Cash Balance 10/1/18	$ 833,965.52	
Net Income as of 9/25/19	$	4,786.44	

Available Cash Balance 9/25/19	
$ 838,751.96	

AMENDED O&M BUDGET
HOBE ST. LUCIE CONSERVANCY DISTRICT - UNIT 3 - FISCAL YEAR 2018/2019
October 1, 2018 - September 30, 2019

	UNIT OF DEVELOPMENT #3

2018/2019
ACTUAL 10/1/18-9/25/19	UNIT OF DEVELOPMENT #3
747.20 ACRES FISCAL YEAR
2018/2019
ANNUAL BUDGET		UNIT OF DEVELOPMENT #3
747.20 ACRES FISCAL YEAR
2018/2019
AMENDED BUDGET	
REVENUES					
Administrative Assessments	15,290	15,280		15,290	
Overall Maintenance Assessments	39,128	39,131		39,128	
Maintenance Assessments	4,146	4,147		4,146	
Surplus Carryover	0	0		0	
Carryover Projects Not Completed	0	0		0	
Other Income	0	0		0	
Interest Income	50	30		50	
					
TOTAL REVENUES	$	58,614	$	58,588		$	58,614	
					
EXPENDITURES					
ADMINISTRATIVE EXPENDITURES					
Supervisor Fees/Costs	0	0		0	
Management	1,769	1,769		1,769	
Legal Fees	1,168	2,482		1,168	
Engineering	2,204	3,036		2,204	
Assessment Roll	292	292		292	
Audit Fees	195	187		195	
Office Expense	0	0		0	
Insurance	292	371		292	
Legal Advertisements	9	35		9	
Miscellaneous	13	73		2,013	
Postage	4	18		4	
Office Supplies	35	58		35	
Dues & Subscriptions	10	10		10	
Website	146	146		146	
Contingency/Litigation	159	2,628		159	
Shortfall Contingency	0	3,287		0	
					
TOTAL ADMINISTRATIVE EXPENDITURES	$	6,296	$	14,391		$	8,296	
					
MAINTENANCE EXPENDITURES					
Aquatic Weed Control	0	0		0	
Canals & Ditches	0	0		0	
Roadways & Right of Ways	0	0		0	
Pumps & Wells Maintenance	0	0		0	
Electricity/Utilities	0	0		0	
Engineering	0	0		0	
Water Samples	0	0		0	
Law Maintenance / Landscape	0	0		0	
Maintenance Management (SDS)	0	0		0	
Miscellaneous Maintenance	0	0		1,000	
Repairs & Maintenance - Equipment	0	0		0	
Canal Area Maintenance - Culvert Replacement	0	0		0	
Maintenance Contingency	0	0		0	
Maintenance Management (Grassroots)	3,900	3,900		3,900	
Capital Improvements	0	0		0	
					
TOTAL MAINTENANCE EXPENDITURES	$	3,900	$	3,900		$	4,900	
					
TOTAL EXPENDITURES	$	10,196	$	18,291		$	13,196	
					
TOTAL REVENUES LESS TOTAL EXPENDITURES	$	48,418	$	40,296		$	45,418	

County Assessment Fees	(1,148)	(1,171)		(1,148)	
Discounts For Early Payments	(2,342)	(2,342)		(2,342)	
					
EXCESS/SHORTFALL	$	44,929	$	36,783		$	41,928	
					
Transfer to Overall Maintenance	(36,781)	(36,783)		(36,781)	
					
NET EXCESS/SHORTFALL	$	8,148	$	-		$	5,147	

Available Cash Balance 10/1/18	$ 23,317.56	
Net Income as of 9/25/19	$ 8,147.83	

Available Cash Balance 9/25/19	
$ 31,465.39	

CAPITAL IMPROVEMENT PROJECTS

REVENUES	UNIT OF DEVELOPMENT #3 CIP
2018/2019
ACTUAL 10/1/18-9/25/19	UNIT OF DEVELOPMENT #3 CIP
FISCAL YEAR 2018/2019
ANNUAL BUDGET		UNIT OF DEVELOPMENT #3 CIP
FISCAL YEAR 2018/2019
AMENDED BUDGET	
Interest Income	0	5		2	
					
TOTAL REVENUES	$	-	$	5		$	2	
					
EXPENDITURES					
Capital Improvements	0	0		500	
					
TOTAL EXPENDITURES	$	-	$	-		$	500	
					
NET EXCESS/SHORTFALL	$	-	$	5		$	(498)	

 	
802.01

Available Cash Balance 9/25/19 $

802.01
-

Available Cash Balance 10/1/18 $ Net Income as of 9/25/19	$

AMENDED O&M BUDGET
HOBE ST. LUCIE CONSERVANCY DISTRICT - BALANCE OF THE DISTRICT - FISCAL YEAR 2018/2019
October 1, 2018 - September 30, 2019

	BALANCE OF DISTRICT

2018/2019
ACTUAL 10/1/18-9/25/19	BALANCE OF DISTRICT 4,042.04 FISCAL YEAR 2018/2019
ANNUAL BUDGET		BALANCE OF DISTRICT 4,042.04 FISCAL YEAR 2018/2019
AMENDED BUDGET	
REVENUES					
Administrative Assessments	15,644	82,660		15,644	
Overall Maintenance Assessments	40,035	211,682		40,035	
Maintenance Assessments	38,825	205,295		38,825	
Surplus Carryover	0	0		0	
Carryover Projects Not Completed	0	0		0	
Other Income	0	0		0	
Interest Income	190	202		190	
					
TOTAL REVENUES	$	94,694	$	499,838		$	94,694	
					
EXPENDITURES					
ADMINISTRATIVE EXPENDITURES					
Supervisor Fees/Costs	0	0		0	
Management	9,571	9,571		9,571	
Legal Fees	6,316	13,424		6,316	
Engineering	11,922	16,425		11,922	
Assessment Roll	1,579	1,580		1,579	
Audit Fees	990	1,011		990	
Office Expense	0	0		0	
Insurance	1,579	2,008		1,579	
Legal Advertisements	48	190		48	
Miscellaneous	68	395		3,068	
Postage	22	99		22	
Office Supplies	190	316		190	
Dues & Subscriptions	55	55		55	
Website	789	790		789	
Contingency/Litigation	863	14,214		863	
Shortfall Contingency	0	31,992		0	
					
TOTAL ADMINISTRATIVE EXPENDITURES	$	33,993	$	92,068		$	36,993	
					
MAINTENANCE EXPENDITURES					
Aquatic Weed Control	28,633	14,000		28,633	
Canals & Ditches	4,773	15,000		4,773	
Roadways & Right of Ways	6,000	10,000		6,000	
Pumps & Wells Maintenance	0	0		0	
Electricity/Utilities	0	0		0	
Engineering	0	0		0	
Water Samples	0	0		0	
Law Maintenance / Landscape	0	0		0	
Maintenance Management (SDS)	0	0		0	
Miscellaneous Maintenance	0	2,500		5,000	
Repairs & Maintenance - Equipment	0	0		0	
Canal Area Maintenance - Culvert Replacement	0	5,000		0	
Maintenance Contingency	0	124,511		0	
Maintenance Management (Grassroots)	3,900	7,800		3,900	
Capital Improvements	0	0		0	
					
TOTAL MAINTENANCE EXPENDITURES	$	43,306	$	178,811		$	48,306	
					
TOTAL EXPENDITURES	$	77,299	$	270,880		$	85,299	
					
TOTAL REVENUES LESS TOTAL EXPENDITURES	$	17,395	$	228,959		$	9,395	

County Assessment Fees	(5,889)	(9,993)		(5,896)	
Discounts For Early Payments	(3,352)	(19,985)		(2,533)	
					
EXCESS/SHORTFALL	$	8,153	$	198,981		$	967	
					
Transfer to Overall Maintenance	(37,633)	(198,981)		(37,576)	
					
NET EXCESS/SHORTFALL	$	(29,479)	$	-		$	(36,609)	

Available Cash Balance 10/1/18	$	65,547.70	
Net Income as of 9/25/19	$	(29,479.30)	

Available Cash Balance 9/25/19	
$	36,068.40	

AMENDED O&M BUDGET
HOBE ST. LUCIE CONSERVANCY DISTRICT - UNIT 5 - FISCAL YEAR 2018/2019
October 1, 2018 - September 30, 2019

	UNIT OF DEVELOPMENT #5

2018/2019
ACTUAL 10/1/18-9/25/19	UNIT OF DEVELOPMENT #5
3,404.86 ACRES FISCAL YEAR 2018/2019
ANNUAL BUDGET		UNIT OF DEVELOPMENT #5
3,404.86 ACRES FISCAL YEAR 2018/2019
AMENDED BUDGET	
REVENUES					
Administrative Assessments	19,676	19,680		19,676	
Overall Maintenance Assessments	0	0		0	
Maintenance Assessments	0	0		0	
Surplus Carryover	0	46,949		0	
Carryover Projects Not Completed	0	0		0	
Other Income	0	0		0	
Interest Income	120	142		120	
					
TOTAL REVENUES	$	19,796	$	66,771		$	19,796	
					
EXPENDITURES					
ADMINISTRATIVE EXPENDITURES					
Supervisor Fees/Costs	0	0		0	
Management	8,062	8,062		8,062	
Legal Fees	5,320	11,308		5,320	
Engineering	10,042	13,836		10,042	
Assessment Roll	1,330	1,330		1,330	
Audit Fees	830	851		830	
Office Expense	0	0		0	
Insurance	1,330	1,691		1,330	
Legal Advertisements	41	160		41	
Miscellaneous	58	333		4,058	
Postage	19	84		19	
Office Supplies	160	266		160	
Dues & Subscriptions	47	47		47	
Website	665	665		665	
Contingency/Litigation	727	11,973		727	
Shortfall Contingency	0	14,984		0	
					
TOTAL ADMINISTRATIVE EXPENDITURES	$	28,630	$	65,590		$	32,631	
					
MAINTENANCE EXPENDITURES					
Aquatic Weed Control	0	0		0	
Canals & Ditches	0	0		0	
Roadways & Right of Ways	0	0		0	
Pumps & Wells Maintenance	0	0		0	
Electricity/Utilities	0	0		0	
Engineering	0	0		0	
Water Samples	0	0		0	
Law Maintenance / Landscape	0	0		0	
Maintenance Management (SDS)	0	0		0	
Miscellaneous Maintenance	0	0		0	
Repairs & Maintenance - Equipment	0	0		0	
Canal Area Maintenance - Culvert Replacement	0	0		0	
Maintenance Contingency	0	0		0	
Maintenance Management (Grassroots)	0	0		0	
Capital Improvements	0	0		0	
					
TOTAL MAINTENANCE EXPENDITURES	$	-	$	-		$	-	
					
TOTAL EXPENDITURES	$	28,630	$	65,590		$	32,631	
					
TOTAL REVENUES LESS TOTAL EXPENDITURES	$	(8,835)	$	1,181		$	(12,835)	

County Assessment Fees	(390)	(394)		(393)	
Discounts For Early Payments	(393)	(787)		(74)	
					
EXCESS/SHORTFALL	$	(9,618)	$	0		$	(13,302)	
					
Transfer to Overall Maintenance	-	-		-	
					
NET EXCESS/SHORTFALL	$	(9,618)	$	0		$	(13,302)	

Available Cash Balance 10/1/18	$ 29,521.03	
Net Income as of 9/25/19	$ (9,617.87)	

Available Cash Balance 9/25/19	
$ 19,903.16	

AMENDED O&M BUDGET
HOBE ST. LUCIE CONSERVANCY DISTRICT - OVERALL DISTRICT - FISCAL YEAR 2018/2019
October 1, 2018 - September 30, 2019

	OVERALL DISTRICT

2018/2019
ACTUAL 10/1/18-9/25/19	OVERALL DISTRICT 9,343.68 ACRES FISCAL YEAR 2018/2019
ANNUAL BUDGET		OVERALL DISTRICT 9,343.68 ACRES FISCAL YEAR 2018/2019
AMENDED BUDGET	
REVENUES					
Unit 1 Transfer	87,255	87,098		87,101	
Unit 2 Transfer	139,004	139,483		138,984	
Unit 3 Transfer	36,781	36,783		36,781	
Unit BOD Transfer	37,633	198,981		37,576	
Unit 5 Transfer	0	0		0	
Other Income	3,000	50,000		13,307	
Interest Income	0	0		0	
					
TOTAL REVENUES	$	303,672	$	512,345		$	313,748	
					
EXPENDITURES					
ADMINISTRATIVE EXPENDITURES					
Supervisor Fees/Costs	0	0		0	
Management	0	0		0	
Legal Fees	16,408	0		16,408	
Engineering	0	0		0	
Assessment Roll	0	0		0	
Audit Fees	0	0		0	
Office Expense	0	0		0	
Insurance	0	0		0	
Legal Advertisements	0	0		0	
Miscellaneous	0	0		1,000	
Postage	0	0		0	
Office Supplies	0	0		0	
Dues & Subscriptions	0	0		0	
Website	0	0		0	
Contingency	0	0		0	
Shortfall Contingency	0	195,373		0	
					
TOTAL ADMINISTRATIVE EXPENDITURES	$	16,408	$	195,373		$	17,408	
					
MAINTENANCE EXPENDITURES					
Aquatic Weed Control	45,783	40,000		45,783	
Canals & Ditches	60,835	35,000		60,835	
Roadways & Right of Ways	21,594	30,000		21,594	
Pumps & Wells Maintenance	14,572	10,000		14,572	
Electricity/Utilities	104,167	130,000		104,167	
Engineering	0	0		0	
Water Samples	0	1,500		0	
Law Maintenance / Landscape	5,850	0		5,850	
Maintenance Management (SDS)	5,000	5,000		5,000	
Miscellaneous Maintenance	3,191	472		13,191	
Repairs & Maintenance - Equipment	31,849	0		31,849	
Canal Area Maintenance - Culvert Replacement	765	10,000		765	
Maintenance Contingency	0	15,000		0	
Maintenance Management (Grassroots)	58,500	20,000		58,500	
Capital Improvements	0	20,000		0	
					
TOTAL MAINTENANCE EXPENDITURES	$	352,106	$	316,972		$	362,107	
					
TOTAL EXPENDITURES	$	368,514	$	512,345		$	379,514	
					
TOTAL REVENUES LESS TOTAL EXPENDITURES	$	(64,842)	$	-		$	(65,767)	

County Assessment Fees	-	-		-	
Discounts For Early Payments	-	-		-	
					
NET EXCESS/SHORTFALL	$	(64,842)	$	-		$	(65,767)	

Available Cash Balance 10/1/18	$ 67,474.49	
Net Income as of 9/25/19	$ (64,841.78)	

Available Cash Balance 9/25/19	
$	2,632.71	

Hobe-St. Lucie Conservancy District Assessment Breakdown 2017-2018

2018 / 2019 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)	$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	

2017 / 2018 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)	$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