Pal Mar
Water Control District

Budget For
Fiscal Year 2019/2020 October 1, 2019 - September 30, 2020

CONTENTS

BUDGET

DETAILED BUDGET

BUDGET
PAL MAR WATER CONTROL DISTRICT FISCAL YEAR 2019/2020
OCTOBER 1, 2019 - SEPTEMBER 30, 2020

REVENUES	
FISCAL YEAR 2019/2020 ANNUAL BUDGET	
O & M Assessments	478,165	
Other Income	0	
Uncollectable Assessments	(340,116)	
Interest Income	480	
		
TOTAL REVENUES	$		138,529	
		
EXPENDITURES		
ADMINISTRATIVE EXPENDITURES		
Supervisor Fees	1,200	
Payroll Taxes (Admin)	100	
Engineering	30,000	
Management	24,000	
Legal	26,000	
Assessment Roll	5,000	
Audit Fees	5,300	
Insurance	6,350	
Legal Advertising	1,600	
Miscellaneous	3,000	
Postage	2,300	
Office Supplies	2,400	
Website Management	1,500	
Dues & Subscriptions	175	
Contingency	914	
		
TOTAL ADMINISTRATIVE EXPENDITURES	$		109,839	
		
SECURITY/MAINTENANCE EXPENDITURES		
Contract Labor - Security & Maintenance	0	
Mowing	0	
		
TOTAL SECURITY/MAINTENANCE EXPENDITURES	$		-	
		
TOTAL EXPENDITURES	$		109,839	
		
EXCESS/ (SHORTFALL)	$		28,690	
		
County Appraiser & Tax Collector Fee	(9,563)	
Discounts For Early Payments	(19,127)	
		
NET EXCESS/ (SHORTFALL)	$		-	

Note: Projected Cashflow (Including State Board Of Administration Investment Fund) As Of 9-30-19 is $160,000.

FY 2019/2020 Projected Assessment Rate is $22.00 Per Acre ($22.00 Per Acre In 2018/2019).

DETAILED BUDGET
PAL MAR WATER CONTROL DISTRICT FISCAL YEAR 2019/2020
OCTOBER 1, 2019 - SEPTEMBER 30, 2020

REVENUES	
FISCAL YEAR 2017/2018 ACTUAL	
FISCAL YEAR 2018/2019 BUDGET	
FISCAL YEAR 2019/2020 BUDGET	

COMMENTS	
O & M Assessments	55,715	478,165	478,165	Expenditures Less Interest/.94	
Other Income	1,553	0	0		
Uncollectable Assessments	0	(351,956)	(340,116)	Uncollectable Assessments	
Interest Income	2,072	420	480	Projected At $40 Per Month	
					
TOTAL REVENUES	59,340	$	126,629	$	138,529		
					
EXPENDITURES					
ADMINISTRATIVE  EXPENDITURES					
Supervisor Fees	750	1,200	1,200	No Change From 2018/2019 Budget	
Payroll Taxes (Admin)	57	100	100	Projected At 8% Of Supervisor Fees	
Engineering	30,422	17,000	30,000	FY 18/19 Expenditures Through April 2019 = $21,225	
Management	24,000	24,000	24,000	No Change From 2018/2019 Budget	
Legal	31,794	27,000	26,000	FY 18/19 Expenditures Through April 2019 = $7,341	
Assessment Roll	5,000	5,000	5,000	Assessment Roll Preparation	
Audit Fees	5,200	5,200	5,300	$100 Increase From 2018/2019 Budget	
Insurance	5,778	6,350	6,350	Insurance Estimate	
Legal Advertising	1,488	1,700	1,600	$100 Decrease From 2018/2019 Budget	
Miscellaneous	2,577	3,000	3,000	No Change From 2018/2019 Budget	
Postage	1,728	2,300	2,300	No Change From 2018/2019 Budget	
Office Supplies	923	2,500	2,400	$100 Decrease From 2018/2019 Budget	
Website Management	1,500	1,500	1,500	Website Management	
Dues & Subscriptions	175	175	175	No Change From 2018/2019 Budget	
Contingency	17,337	914	914	Contingency	
					
TOTAL ADMINISTRATIVE EXPENDITURES	128,729	$	97,939	$	109,839		
					
SECURITY/MAINTENANCE EXPENDITURES					
Contract Labor - Security & Maintenance	28,000	0	0	Security/Maintenance  Eliminated	
Mowing	23,000	0	0	Mowing Eliminated	
					
TOTAL SECURITY/MAINTENANCE EXPENDITURES	51,000	$	-	$	-		
					
TOTAL EXPENDITURES	179,729	$	97,939	$	109,839		
					
EXCESS/ (SHORTFALL)	(120,389)	$	28,690	$	28,690		
					
County Appraiser & Tax Collector Fee	(2,662)	(9,563)	(9,563)	Two Percent Of Total Assessment Roll	
Discounts For Early Payments	(1,117)	(19,127)	(19,127)	Four Percent Of Total Assessment Roll	
					
NET EXCESS/ (SHORTFALL)	$	(124,168)	$	-	$	-		

Note: Projected Cashflow (Including State Board Of Administration Investment Fund) As Of 9-30-19 is $160,000.

FY 2019/2020 Projected Assessment Rate is $22.00 Per Acre ($22.00 Per Acre In 2018/2019).