Sebastian River Improvement District

Amended Final Budget For Fiscal Year 2021/2022
October 1, 2021 - September 30, 2022

FINAL AMENDED BUDGET
SEBASTIAN RIVER IMPROVEMENT DISTRICT FISCAL YEAR 2021/2022
OCTOBER 1, 2021 - SEPTEMBER 30, 2022

REVENUES	FISCAL YEAR 2021/2022 BUDGET
10/1/21 - 9/30/22	AMENDED FINAL BUDGET
10/1/21 - 9/30/22	YEAR TO DATE ACTUAL
10/1/21 - 9/29/22	
NAV ASSESSMENTS	308,436	319,927	319,927	
R-O-W USE FEES	14,765	25,515	25,515	
PERMIT FEES	5,000	34,363	34,363	
OTHER REVENUE - GRAVES BROTHERS ROW SALE	0	483,561	483,561	
OTHER REVENUE - LEGAL REIMBURSEMENT	0	20,512	20,512	
OTHER REVENUE - SALE OF LATERAL D CANAL	0	900,000	900,000	
OTHER REVENUES - 82ND AVENUE EXTENSION	0	33,000	33,000	
INTEREST INCOME	960	4,886	4,886	
TOTAL REVENUES	$	329,161	$	1,821,764	$	1,821,764	
				
EXPENDITURES				
LEGAL - GENERAL	20,000	41,082	41,082	
LEGAL - SPECIAL COUNSEL	0	220,000	189,707	
EXPERT CONSULTANT FEES	0	75,000	65,487	
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	45,000	58,813	58,313	
ENGINEERING - PERMIT	5,000	0	0	
ENGINEERING - SAND MINES	0	3,187	3,187	
ENGINEERING - LATERAL D WATERSHED	0	9,958	9,958	
ENGINEERING - 82ND AVE EXTENSION	0	618	618	
ENGINEERING - OTHER	45,000	25,000	4,447	
ACCOUNTING / AUDIT	5,100	5,100	5,100	
INSURANCE	9,600	7,196	7,196	
WEBSITE MANAGEMENT	2,000	2,000	2,000	
DUES & SUBSCRIPTIONS	925	175	175	
LEGAL ADVERTISEMENTS	1,150	1,400	1,034	
MISCELLANEOUS	3,000	4,000	3,243	
WATER QUALITY ANALYTICAL SERVICE	1,000	1,000	516	
R-O-W MAINTENANCE	113,273	0	0	
CANAL/LATERAL MAINTENANCE	0	130,000	118,474	
MISCELLANEOUS MAINTENANCE	10,000	10,000	900	
MISCELLANEOUS MAINTENANCE - 82ND AVENUE EXTENSION	0	33,000	33,000	
TOTAL EXPENDITURES	$	310,655	$	677,136	$	594,044	
				
REVENUES LESS EXPENDITURES	$	18,506	$	1,144,628	$	1,227,720	
				
COUNTY APPRAISER & TAX COLLECTOR FEE	(6,169)	(2,350)	(2,350)	
DISCOUNTS FOR EARLY PAYMENTS	(12,337)	(10,140)	(10,140)	
				
EXCESS/ (SHORTFALL)	$	-	$	1,132,138	$	1,215,230	
				
PREVIOUS YEAR CARRY OVER	-	0	0	
				
NET EXCESS/ (SHORTFALL)	$	-	$	1,132,138	$	1,215,230	

Notes
Assessable Acres = 10,046

FY 2022 Assessment per Acre = $30.70
FY 2022 Budgeted (Carry Over) Funding Assessment per Acre = $0 Actual Special Counsel Amount Is Through July 2022.

FUND BALANCE AS OF 9/30/21	$	(298,814)	
FY 2021/2022 AMENDED BUDGET ACTIVITY	$	1,132,138	
FUND BALANCE AS OF 9/30/22	$	833,324	

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