Sebastian River Improvement District

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

FINAL AMENDED BUDGET
SEBASTIAN RIVER IMPROVEMENT DISTRICT FISCAL YEAR 2019/2020
OCTOBER 1, 2019 - SEPTEMBER 30, 2020

REVENUES	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 - 9/29/20	
NAV ASSESSMENTS	185,851	192,504	192,504	
R-O-W USE FEES	14,765	23,515	23,515	
PERMIT FEES	5,000	6,550	6,550	
OTHER REVENUES - REIMBURSEMENT FOR LEGAL FEES	0	27,757	27,757	
OTHER REVENUES - SALE OF SURPLUS PROPERTY	0	45,526	45,526	
OTHER REVENUES - RIGHT OF WAY	0	323,332	323,332	
OTHER REVENUES - 82ND AVE EXTENSION	0	22,645	22,645	
OTHER REVENUES - RUSSELL EASEMENT	0	3,000	3,000	
OTHER REVENUES - MISCELLANEOUS	0	300	300	
INTEREST INCOME	960	2,975	2,975	
TOTAL REVENUES	$	206,576	$	648,104	$	648,104	
				
EXPENDITURES				
LEGAL - GENERAL	7,500	20,994	20,994	
LEGAL - SPECIAL COUNSEL	10,000	97,689	97,689	
LEGAL - EMIMENT DOMAIN	0	9,113	9,113	
LEGAL - FELLSMERE	0	8,650	8,650	
LEGAL - BMAP (BASIN MGT ACTION PLAN)	0	14,000	10,251	
DISTRICT ADMINISTRATIVE	27,000	27,000	27,000	
OPERATIONS MANAGER	18,000	18,000	18,000	
OPERATIONS MANAGER - PAYROLL TAXES	1,377	1,377	1,377	
ENGINEERING - GENERAL	25,000	59,101	59,101	
ENGINEERING - PERMIT	5,000	0	0	
ENGINEERING - SPECIAL PROJECTS	5,000	0	0	
ENGINEERING - SAND MINES	0	5,159	5,159	
ENGINEERING - LATERAL D WATERSHED	0	22,163	22,163	
ENGINEERING - FLOOD MAPS	0	1,725	1,725	
ENGINEERING - MOWING CONTRACT	0	3,545	3,545	
ENGINEERING - 82ND AVE EXTENSION	0	14,809	14,809	
ENGINEERING - CROSS CREEK	0	1,800	1,800	
ACCOUNTING / AUDIT	7,000	6,250	6,250	
INSURANCE	7,000	5,775	5,775	
WEBSITE MANAGEMENT	2,000	2,000	2,000	
DUES & SUBSCRIPTIONS	925	925	925	
LEGAL ADVERISEMENTS	950	2,300	1,285	
MISCELLANEOUS	2,200	5,000	3,606	
WATER QUALITY ANALYTICAL SERVICE	1,000	999	999	
R-O-W MAINTENANCE	50,000	10,000	0	
CANAL/LATERAL MAINTENANCE	50,000	130,000	113,263	
MISCELLANEOUS MAINTENANCE	10,000	10,000	665	
TOTAL EXPENDITURES	$	229,952	$	478,374	$	436,144	
				
REVENUES LESS EXPENDITURES	$	(23,376)	$	169,730	$	211,960	
				
COUNTY APPRAISER & TAX COLLECTOR FEE	(3,716)	(2,520)	(2,520)	
DISCOUNTS FOR EARLY PAYMENTS	(7,433)	(6,101)	(6,101)	
				
EXCESS/ (SHORTFALL)	$	(34,525)	$	161,109	$	203,339	
				
PREVIOUS YEAR CARRY OVER	34,525	34,525	0	
				
NET EXCESS/ (SHORTFALL)	$	-	$	195,634	$	203,339	

Notes
Assessable Acres = 10,046

FY 2020 Assessment per Acre = $18.50
FY 2020 Budgeted (Carry Over) Funding Assessment per Acre = $3.66

FUND BALANCE AS OF 9/30/19	$	53,796.00	
FY 2019/2020 AMENDED ACTIVITY	$	161,109.00	
FUND BALANCE AS OF 9/30/20	$	214,905.00	

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