Sebastian River Improvement District

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

FINAL AMENDED BUDGET
SEBASTIAN RIVER IMPROVEMENT DISTRICT FISCAL YEAR 2020/2021
OCTOBER 1, 2020 - SEPTEMBER 30, 2021

REVENUES	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	
NAV ASSESSMENTS	225,989	234,260	234,260	
R-O-W USE FEES	16,515	15,015	15,015	
PERMIT FEES	5,000	11,771	11,771	
OTHER REVENUES - REIMBURSEMENT FOR LEGAL FEES	0	66,551	66,551	
OTHER REVENUES - MISCELLANEOUS	0	2,450	2,450	
INTEREST INCOME	960	1,029	1,029	
TOTAL REVENUES	$	248,464	$	331,076	$	331,076	
				
EXPENDITURES				
LEGAL - GENERAL	10,000	9,691	9,691	
LEGAL - SPECIAL COUNSEL	20,000	550,000	295,757	
LEGAL - BMAP (BASIN MGT ACTION PLAN)	0	345	345	
EXPERT CONSULTANT FEES	0	250,000	113,484	
DISTRICT ADMINISTRATIVE	27,000	27,000	27,000	
OPERATIONS MANAGER	21,000	21,000	21,000	
OPERATIONS MANAGER - PAYROLL TAXES	1,607	1,607	1,607	
ENGINEERING - GENERAL	25,000	31,354	31,354	
ENGINEERING - PERMIT	5,000	0	0	
ENGINEERING - SPECIAL PROJECTS	25,000	0	0	
ENGINEERING - SAND MINES	0	1,600	1,600	
ENGINEERING - LATERAL D WATERSHED	0	41,448	41,448	
ENGINEERING - 82ND AVE EXTENSION	0	3,637	3,637	
ACCOUNTING / AUDIT	7,000	500	5,000	
INSURANCE	6,800	6,353	6,353	
WEBSITE MANAGEMENT	2,000	2,000	2,000	
DUES & SUBSCRIPTIONS	925	925	925	
LEGAL ADVERTISEMENTS	1,050	1,250	968	
MISCELLANEOUS	2,400	4,500	4,125	
WATER QUALITY ANALYTICAL SERVICE	1,000	1,008	1,008	
R-O-W MAINTENANCE	113,273	0	0	
CANAL/LATERAL MAINTENANCE	0	75,000	39,733	
MISCELLANEOUS MAINTENANCE	10,000	38	38	
TOTAL EXPENDITURES	$	279,055	$	1,029,256	$	607,073	
				
REVENUES LESS EXPENDITURES	$	(30,591)	$	(698,180)	$	(275,997)	
				
COUNTY APPRAISER & TAX COLLECTOR FEE	(3,917)	(2,350)	(2,350)	
DISCOUNTS FOR EARLY PAYMENTS	(7,834)	(7,172)	(7,172)	
				
EXCESS/ (SHORTFALL)	$	(42,342)	$	(707,702)	$	(285,519)	
				
PREVIOUS YEAR CARRY OVER	42,342	0	0	
				
NET EXCESS/ (SHORTFALL)	$	-	$	(707,702)	$	(285,519)	

Notes
Assessable Acres = 10,046

FY 2021 Assessment per Acre = $22.50
FY 2021 Budgeted (Carry Over) Funding Assessment per Acre = $4.21 Actual Special Counsel Amount Is Through July 2021.
Sale Of Lateral D In December 2021 Is Pending.

FUND BALANCE AS OF 9/30/20	$	257,145	
FY 2020/2021 AMENDED BUDGET ACTIVITY	$	(707,702)	
FUND BALANCE AS OF 9/30/21	$	(450,557)	

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