Author: Kay -03-2013

Coral Springs Improvement District
General Fund
Adopted Budget
Fiscal Year Ending 2019-2020

Description

Adopted
Budget 2018/19

Actual
thru 3/31/2019

Adopted Next
6 Months

Total
Projected thru
9/30/2019

Adopted
Budget 2019-2020

REVENUES |
Assessment Revenues (Net)..budgeted | 3,849,956 | 3,224,132 | 625,824 | 3,849,956 | 3,849,956
Assessment Revenues..excess collected | - | - | - | - | -
Permit Review Fees | 1,000 | 2,200 | - | 2,200 | 1,000
Miscellaneous Revenue | - | 8,746 | 308 | 9,054 | -
Interest Income | 20,000 | 54,955 | 27,755 | 82,710 | 20,000
Unrealized Gain (Loss)-SBA | - | - | | - | -
Shared Personnel Revenue | 33,896 | 16,946 | 16,946 | 33,892 | 34,912
Carry Forward Assigned Funds | 92,885 | - | 92,885 | 92,885 | -
Total Revenues | 3,997,737 | 3,306,979 | 763,718 | 4,070,697 | 3,905,868

EXPENDITURES

Administrative

Supervisor Fees | 7,200 | 3,600 | 3,600 | 7,200 | 7,200
Salaries and Wages | 133,908 | 68,506 | 68,506 | 137,012 | 162,726
Special Pay | 238 | 238 | - | 238 | 281
FICA Taxes | 10,796 | 5,540 | 5,540 | 11,080 | 13,000
Pension Expense | 16,069 | 8,242 | 8,242 | 16,484 | 19,527
Health Insurance | 54,611 | 26,550 | 26,550 | 53,100 | 63,655
Worker's Compensation Ins. | 379 | 267 | 267 | 534 | 620
Engineering Fees | 30,000 | 14,700 | 15,300 | 30,000 | 42,000
Legal Fees | 60,000 | 31,723 | 30,000 | 61,723 | 84,000
Special Consulting Services | 100,000 | 28,742 | 71,258 | 100,000 | 94,600
Annual Audit | 10,500 | 8,000 | 2,500 | 10,500 | 10,600
Actuarial Computation-OPEB | 2,772 | - | 2,772 | 2,772 | 2,772
Management Fees | 57,313 | 28,657 | 28,656 | 57,313 | 59,032
Telephone Expense | 3,334 | 1,666 | 1,668 | 3,334 | 3,434
Postage | 668 | 332 | 336 | 668 | 688
Printing & Binding | 1,260 | 630 | 630 | 1,260 | 1,298
Administrative Building Costs | 12,000 | 6,000 | 6,000 | 12,000 | 12,360
Insurance | 1,179 | 408 | 771 | 1,179 | 1,238
Legal Advertising | 2,000 | 115 | 1,885 | 2,000 | 2,000
Contingencies | 1,000 | 398 | 602 | 1,000 | 1,000
Paver Incentive Program | 12,500 | - | 12,500 | 12,500 | 12,500
Computer Expense/Technology | 29,400 | 8,340 | 21,060 | 29,400 | 29,400
Digital Record Management | 1,000 | - | 1,000 | 1,000 | 1,000
Office Supplies | 7,125 | 3,800 | 3,325 | 7,125 | 7,337
Dues, Subscriptions, etal. | 7,800 | 175 | 7,625 | 7,800 | 7,875
Promotional Expense | 8,400 | - | 8,400 | 8,400 | 4,800
Capital Purchases | - | - | - | - | -
Total Administrative | 571,452 | 246,629 | 328,993 | 575,622 | 644,943

Description | Adopted | Actual | Adopted | Total | Adopted
Budget | thru | Next | Projected thru | Budget
2018/19 | 3/31/2019 | 6 Months | 9/30/2019 | 2019-2020
Field Operations |
Salaries & Wages | 278,553 | 138,191 | 138,191 | 276,382 | 286,361
Special Pay | 813 | 813 | - | 813 | 921
FICA Taxes | 21,309 | 10,479 | 10,479 | 20,958 | 21,907
Pension Expense | 33,426 | 16,576 | 16,576 | 33,152 | 34,363
Health Insurance | 88,849 | 44,715 | 44,715 | 89,430 | 107,813
Worker's comp Ins | 15,433 | 7,649 | 7,649 | 15,298 | 15,864
Water Quality Testing | 3,000 | 1,076 | 1,076 | 2,152 | 3,000
Communications-Radios/Cellphones | 1,872 | 803 | 803 | 1,606 | 2,022
Electric | 1,411 | 636 | 780 | 1,416 | 1,458
Rentals and Leases | - | 154 | 154 | 308 | 500
Insurance | 14,846 | 7,376 | 7,376 | 14,752 | 15,290
R&M - General | 54,010 | 34,172 | 31,000 | 65,172 | 74,250
R&M - Facility | | 1,096 | 1,100 | 2,196 | 3,000
R&M - Culvert Inspection & Cleaning | 69,500 | 129,000 | - | 129,000 | 119,500
R&M - Canal Dredging & Maintenance | 25,000 | - | 25,000 | 25,000 | 25,000
R&M - Vegetation Management | 15,000 | 4,615 | 10,385 | 15,000 | 60,000
Oper Supplies - General | 3,825 | 1,819 | 2,006 | 3,825 | 17,025
Oper Supplies - Chemicals | 114,659 | 40,321 | 74,000 | 114,321 | 120,540
Oper Supplies - Uniform Rental | 1,823 | 699 | 699 | 1,398 | 2,414
Oper Supplies - Motor Fuels | 51,705 | 3,401 | 48,304 | 51,705 | 51,705
Dues, Licenses, Schools | 3,752 | 1,692 | 2,000 | 3,692 | 3,842
Capital Outlay-Equipment | 27,500 | - | 27,500 | 27,500 | 27,500
Capital Improvements | 1,000,000 | 373,352 | 626,648 | 1,000,000 | 655,650
Total Field Operations | 1,826,285 | 818,635 | 1,076,441 | 1,895,075 | 1,649,925
TOTAL EXPENDITURES | 2,397,737 | 1,065,264 | 1,405,434 | 2,470,697 | 2,294,868
Excess Revenues Over Expenditures | 1,600,000 | 2,241,715 | (641,716) | 1,600,000 | 1,611,000
Reserves |
Reserved for 1st Qtr Operating | 350,000 | 350,000 | - | 350,000 | 361,000
Reserves for Designated Projects/Emergency | 250,000 | 250,000 | - | 250,000 | 250,000
Storm Damages Reserves | 1,000,000 | 1,000,000 | - | 1,000,000 | 1,000,000
Total Reserves | 1,600,000 | 1,600,000 | - | 1,600,000 | 1,611,000
Excess Revenues Over Expenditures & Reserves | - | 641,716 | (641,716) | - | $	-

Description | Adopted | Actual | Adopted | Total | Adopted
Budget | thru | Next | Projected thru | Budget
2018/19 | 3/31/2019 | 6 Months | 9/30/2019 | 2019-2020