Pal Mar
Water Control District

Amended Final Budget For Fiscal Year 2020/2021
October 1, 2020 - September 30, 2021

AMENDED FINAL BUDGET
PAL MAR WATER CONTROL DISTRICT FISCAL YEAR 2020/2021
OCTOBER 1, 2020 - SEPTEMBER 30, 2021

	FISCAL YEAR 2020/2021 BUDGET
10/1/20 - 9/30/21	AMENDED FINAL BUDGET
10/1/20 - 9/30/21	YEAR TO DATE ACTUAL
10/1/20 - 9/29/21	
Carry Forward Surplus	220,185			
				
REVENUES				
O & M Assessments	478,278	128,298	128,298	
Other Revenue	0	500	500	
LO Funding Agreements	0	12,000	12,000	
Interest Income	480	294	294	
Uncollectable Assessments	(353,687)	0	0	
TOTAL REVENUES	$	125,071	$	141,092	$	141,092	
				
EXPENDITURES				
ADMINISTRATIVE EXPENDITURES				
Supervisor Fees	0	0	0	
Payroll Taxes	0	0	0	
Engineering	25,000	29,000	25,968	
Management	24,000	24,000	24,000	
Legal	26,000	55,000	49,322	
Assessment Roll	5,000	5,000	5,000	
Audit Fees	3,800	3,800	3,800	
Insurance	6,200	5,513	5,513	
Legal Advertising	2,100	2,100	1,422	
Miscellaneous	5,000	3,000	1,738	
Postage	2,300	100	84	
Office Supplies	2,300	750	642	
Website Management	1,500	1,500	1,500	
Dues & Subscriptions	175	175	175	
Contingency (Legal - Extraordinary)	14,250	964	964	
				
TOTAL ADMINISTRATIVE EXPENDITURES	$	117,625	$	130,902	$	120,128	
				
MAINTENANCE EXPENDITURES				
				
Maintenance Contingency	0	12,000	12,000	
				
TOTAL MAINTENANCE EXPENDITURES	$	-	$	12,000	$	12,000	
				
TOTAL EXPENDITURES	$	117,625	$	142,902	$	132,128	
				
EXCESS/(SHORTFALL)	$	7,446	$	(1,810)	$	8,964	
				
County Appraiser & Tax Collector Fee	(2,482)	(4,392)	(4,392)	
Discounts For Early Payments	(4,964)	(2,296)	(2,296)	
				
NET EXCESS/ (SHORTFALL)	$	-	$	(8,498)	$	2,276	
				
VARIANCE TO BUDGET		$	(8,498)		

Fund Balance As Of 9/30/20	
Projected FY 2020/2021 Activity	
Projected Fund Balance As Of 9/30/21	

$220,185	
($8,498)	
$211,687