Pal Mar
Water Control District

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

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

	FISCAL YEAR 2019/2020 BUDGET
10/1/19 - 9/30/20	AMENDED FINAL BUDGET
10/1/19 - 9/30/20	YEAR  TO DATE ACTUAL
10/1/19 - 8/31/20	
Carry Forward Surplus	246,194			
				
REVENUES				
O & M Assessments	478,165	192,738	192,738	
Other Revenue	0	721	721	
LO Funding Agreements	0	18,500	18,500	
Interest Income	480	690	679	
Uncollectable Assessments	(340,116)	0	0	
TOTAL REVENUES	$	138,529	$	212,649	$	212,638	
				
EXPENDITURES				
ADMINISTRATIVE EXPENDITURES				
Supervisor Fees	1,200	650	650	
Payroll Taxes	100	50	50	
Engineering	30,000	60,000	51,269	
Management	24,000	24,000	22,000	
Legal	26,000	76,000	63,987	
Assessment Roll	5,000	5,000	0	
Audit Fees	5,300	3,700	3,700	
Insurance	6,350	5,251	5,251	
Legal Advertising	1,600	5,000	3,387	
Miscellaneous	3,000	5,000	2,911	
Postage	2,300	1,550	1,522	
Office Supplies	2,400	1,600	1,511	
Website Management	1,500	1,500	1,375	
Dues & Subscriptions	175	175	175	
Contingency	914	40,000	30,199	
				
TOTAL ADMINISTRATIVE EXPENDITURES	$	109,839	$	229,476	$	187,987	
				
MAINTENANCE EXPENDITURES				
				
Maintenance Contingency	0	10,500	9,500	
				
TOTAL MAINTENANCE EXPENDITURES	$	-	$	10,500	$	9,500	
				
TOTAL EXPENDITURES	$	109,839	$	239,976	$	197,487	
				
EXCESS/(SHORTFALL)	$	28,690	$	(27,327)	$	15,151	
				
County Appraiser & Tax Collector Fee	(9,563)	(5,426)	(5,426)	
Discounts For Early Payments	(19,127)	(2,190)	(2,190)	
				
NET EXCESS/ (SHORTFALL)	$	-	$	(34,943)	$	7,535	
				
VARIANCE TO BUDGET		$	(34,943)		

Fund Balance As Of 9/30/19	
Projected FY 2019/2020 Activity	
Projected Fund Balance As Of 9/30/20	

$246,194	
($34,943)	
$211,251