Pal Mar
Water Control District

Budget
Fiscal Year 2022/2023 October 1, 2022 - September 30, 2023

CONTENTS

BUDGET

DETAILED BUDGET

BUDGET
PAL MAR WATER CONTROL DISTRICT FISCAL YEAR 2022/2023
OCTOBER 1, 2022 - SEPTEMBER 30, 2023

REVENUES	
FISCAL YEAR 2022/2023 ANNUAL BUDGET	
O & M Assessments	326,064	
Other Income	12,000	
Uncollectable Assessments	0	
Interest Income	360	
	0	
TOTAL REVENUES	338,424	
		
EXPENDITURES		
Supervisor Fees	0	
Payroll Taxes (Admin)	0	
Engineering	28,000	
Management	24,000	
Legal	60,000	
Assessment Roll	5,000	
Audit Fees	4,000	
Insurance	8,300	
Legal Advertising	2,100	
Miscellaneous	64,285	
Postage	2,000	
Office Supplies	2,000	
Website Management	1,500	
Dues & Subscriptions	175	
Maintenance Contingency	12,000	
Miscellaneous Maintenance	100,000	
Contingency (Legal - Extraordinary)	5,500	
		
TOTAL EXPENDITURES	318,860	

EXCESS/ (SHORTFALL)	19,564	
		
County Appraiser & Tax Collector Fee	(6,521)	
Discounts For Early Payments	(13,043)	
		
NET EXCESS/ (SHORTFALL)	-	

Note: Projected Cashflow (Including State Board Of Administration Investment Fund) As Of 9-30-22 is $350,000.

FY 2022/2023 Projected Assessment Rate is $15.00 Per Acre ($22.00 Per Acre In 2021/2022).

DETAILED BUDGET
PAL MAR WATER CONTROL DISTRICT FISCAL YEAR 2022/2023
OCTOBER 1, 2022 - SEPTEMBER 30, 2023

REVENUES	
FISCAL YEAR 2020/2021 ACTUAL	
FISCAL YEAR 2021/2022 ANNUAL BUDGET	
FISCAL YEAR 2022/2023 ANNUAL BUDGET	

COMMENTS	
O & M Assessments	128,298	478,278	326,064	Expenditures Less Interest/.94	
Other Income	12,500	12,000	12,000	Includes Landowner Funding for Maintenance	
Uncollectable Assessments	0	(353,687)	0		
Interest Income	277	360	360	Projected At $30 Per Month	
					
TOTAL REVENUES	141,075	$	136,951	$	338,424		
					
EXPENDITURES					
Supervisor Fees	0	0	0	Eliminated by Board	
Payroll Taxes (Admin)	0	0	0	Eliminated by Board	
Engineering	25,968	28,000	28,000	No Change From 2021/2022 Budget	
Management	24,000	24,000	24,000	No Change From 2021/2022 Budget	
Legal	49,322	30,000	60,000	$30,000 Increase From 2021/2022 Budget	
Assessment Roll	5,000	5,000	5,000	Assessment Roll Preparation	
Audit Fees	3,800	3,900	4,000	Accepted Amount For 2021/2022 Audit	
Insurance	5,513	8,300	8,300	Insurance Estimate	
Legal Advertising	1,993	2,100	2,100	No Change From 2021/2022 Budget	
Miscellaneous	1,738	5,000	64,285	Miscellaneous	
Postage	84	2,000	2,000	No Change From 2021/2022 Budget	
Office Supplies	642	2,000	2,000	No Change From 2021/2022 Budget	
Website Management	1,500	1,500	1,500	No Change From 2021/2022 Budget	
Dues & Subscriptions	175	175	175	No Change From 2021/2022 Budget	
Maintenance Contract	12,000	12,000	12,000	$1,000 Per Month	
Miscellaneous Maintenance	0	0	100,000	Miscellaneous Maintenance	
Contingency (Legal - Extraordinary)	964	5,500	5,500	No Change From 2021/2022 Budget	
					
TOTAL EXPENDITURES	132,699	$	129,475	$	318,860		

EXCESS/ (SHORTFALL)	8,376	7,476	19,564		
					
County Appraiser & Tax Collector Fee	(3,818)	(2,492)	(6,521)	Two Percent Of Expected Assessment Roll	
Discounts For Early Payments	(2,295)	(4,984)	(13,043)	Four Percent Of Expected Assessment Roll	
					
NET EXCESS/ (SHORTFALL)	$	2,263	$	-	$	-		

Note: Projected Cashflow (Including State Board Of Administration Investment Fund) As Of 9-30-22 is $350,000.

FY 2022/2023 Projected Assessment Rate is $15.00 Per Acre ($22.00 Per Acre In 2021/2022). Current Estimated assesable acres is 21,740.