ADOPTED BUDGET
FY 2022 | 2023

CORAL SPRINGS IMPROVEMENT DISTRICT

ADOPTED BUDGET FY 2022 | 2023

Table of Contents

Board of Supervisors and Management	3
Adopted Budget...………………………………........................	4 - 7
Budget Narrative	8 - 27

CORAL SPRINGS IMPROVEMENT DISTRICT
ADOPTED BUDGET FY 2022 | 2023

BOARD OF SUPERVISORS
Dr. Martin Shank, President
Len Okyn, Vice President
Chuck Sierra, Secretary

MANAGEMENT
Kenneth Cassel, District Manager
Terry Lewis, District Attorney
Rick Olson, District Engineer
David McIntosh, Director of Operations
Jan Zilmer, Human Resources Director
Joe Stephens, Director of Utilities
Ettie Schwartz, Director of Finance & Accounting

CORAL SPRINGS IMPROVEMENT DISTRICT
Water and Sewer Enterprise Fund
ADOPTED BUDGET
Fiscal Year 2022 / 2023

DESCRIPTION	ADOPTED BUDGET
FY 2021/2022	ACTUAL THRU
5/31/2022	PROJECTED NEXT
4 Months	TOTAL
PROJECTED
9/30/2022	ADOPTED
BUDGET
FY 2022/2023	

REVENUES

Water Revenue	$	7,129,876	$	4,516,041	$	2,613,835	$	7,129,876	$	7,486,370	
Sewer Revenue		6,452,907		4,083,849		2,369,058		6,452,907		6,775,552	
Standby Revenue		3,120		2,080		1,486		3,566		3,120	
Processing Fees		12,000		10,420		1,580		12,000		12,000	
Lien Revenue Fees		9,000		14,870		-		14,870		9,000	
Delinquent Fees		290,000		193,770		96,230		290,000		170,000	
Contract Utility Billing Services		69,019		46,010		23,009		69,019		72,470	
Contract HR & Payroll Services		14,098		9,399		4,699		14,098		14,521	
Facility Connection Fees		-		123,920		-		123,920		-	
Meter Fees		-		81,403		-		81,403		-	
Line Connection Fees		-		172,755		-		172,755		-	
Interest Income-Restricted		-		168		84		252		-	
Interest Income-Operations		-		12,292		6,146		18,438		-	
Rent Revenue		69,174		69,310		34,655		103,965		71,249	
Technology Sharing Revenue		16,391		10,927		5,464		16,391		16,883	
Miscellaneous Revenue		-		29,775		-		29,775		-	
Federal Grant Award **		-		-		-		-		500,000	
Carryforward Prior Yr Fund Balance		2,664,404		-		2,664,404		2,664,404		3,648,911	
TOTAL REVENUES	16,729,989		9,376,990	7,820,650	17,197,639	18,780,076	

EXPENDITURES

Debt Service									
Principal 2016 Series		1,745,000		1,795,000	-	1,795,000		1,795,000	
Interest 2016 Series		1,076,040		717,360	358,680	1,076,040		1,022,817	
Sub-Total Debt Service		2,821,040		2,512,360	358,680	2,871,040	2,817,817	

DESCRIPTION	ADOPTED BUDGET
FY 2021/2022	ACTUAL THRU
5/31/2022	PROJECTED NEXT
4 Months	TOTAL
PROJECTED
9/30/2022	ADOPTED
BUDGET
FY 2022/2023	

ADMINISTRATIVE

Salaries and Wages Special Pay
FICA Taxes Pension Expense Health Insurance
Workers Comp. Insurance Unemployment Compensation Tuition Reimbursement
OPEB Expense Engineering Fees
Trustee Fees/Other Debt Expenses Legal Fees
Special Consulting Services Information & Technology Services Travel & Per Diem (Board)
Annual Audit
Actuarial Computation - OPEB Management Fees
Telephone Expense Postage
Printing & Binding Electric Expense Rentals and Leases Insurance
Repair and Maintenance Legal Advertising
Other Current Charges Merchant Fees Computer/Technology Expenses Employment Ads
Toilet Rebate [150 x $99 = $14,850] Office Supplies
Dues, Licenses, Schools & Permits Promotional Expenses
Capital Outlay	1,086,250
2,410
83,098
130,350
244,970
2,500
- 30,160
2,862
33,600
10,720
60,000
158,000
150,000
8,000
14,800
3,500
93,945
15,200
55,780
46,600
14,600
3,150
17,850
30,000
4,500
36,150
87,400
74,095
13,550
14,850
4,000
12,000
16,890
21,100	687,288
2,500
49,598
93,509
183,533
2,285
-
-
- 6,914
- 28,260
103,051
152,000
- 12,150
- 60,805
11,073
24,576
20,564
8,009
490
8,561
13,367
507
14,040
49,633
71,411
7,532
9,900
2,544
16,092
27,725
23,007	398,962
- 33,500
36,841
61,437
215
- 30,160
2,862
26,686
10,720
31,740
54,949
- 8,000
2,650
3,500
33,140
4,127
31,204
26,036
6,591
2,660
9,289
16,632
3,993
22,110
37,767
2,684
6,018
4,950
1,456
-
-
-	1,086,250
2,500
83,098
130,350
244,970
2,500
- 30,160
2,862
33,600
10,720
60,000
158,000
152,000
8,000
14,800
3,500
93,945
15,200
55,780
46,600
14,600
3,150
17,850
30,000
4,500
36,150
87,400
74,095
13,550
14,850
4,000
16,092
27,725
23,007	1,140,563
2,531
87,253
136,868
257,219
2,625
- 31,668
3,005
33,600
10,675
60,000
158,000
100,000
8,000
15,750
3,200
96,764
15,200
55,780
46,600
15,400
3,150
18,750
41,000
4,500
36,550
90,100
99,095
13,550
14,850
4,000
15,000
22,000
10,000	
Sub-Total Administrative	2,582,880	1,690,924	910,879	2,601,803	2,653,243	

DESCRIPTION	ADOPTED BUDGET
FY 2021/2022	ACTUAL THRU
5/31/2022	PROJECTED NEXT
4 Months	TOTAL
PROJECTED
9/30/2022	ADOPTED
BUDGET
FY 2022/2023	

PLANT OPERATIONS

Salaries and Wages	2,151,348	1,131,070	1,020,278	2,151,348	2,258,915	
Special Pay	3,278	2,803	475	3,278	3,442	
FICA Taxes	164,578	86,781	77,797	164,578	172,807	
Pension Expense	258,162	126,386	131,776	258,162	271,070	
Health Insurance	513,023	265,134	247,889	513,023	538,674	
Workers Comp. Insurance	80,222	34,794	45,428	80,222	84,233	
Tuition Reimbursement	58,240	-	58,240	58,240	61,152	
OPEB Expense	4,682	-	4,682	4,682	4,916	
Water Quality Testing	63,163	38,580	24,583	63,163	75,693	
Telephone Expense	9,440	6,587	2,853	9,440	10,034	
Electric	721,200	455,728	265,472	721,200	674,600	
Rentals and Leases	15,030	5,603	9,710	15,312	13,738	
Insurance	170,370	91,002	79,368	170,370	174,240	
Repair & Maintenance	825,256	329,738	495,518	825,256	1,095,816	
Filters for Water Plant	201,800	33,821	167,979	201,800	222,800	
Sludge Management-Sewer	142,000	81,827	60,173	142,000	256,600	
Chemicals	379,220	256,582	122,638	379,220	606,010	
Office Supplies	3,635	1,698	1,937	3,635	3,635	
Operating Supplies	59,350	30,673	29,964	60,637	59,350	
Uniforms	11,730	3,261	8,469	11,730	11,640	
Motor Fuels	117,176	20,066	97,110	117,176	148,095	
Dues, Licenses & Permits	66,990	58,026	18,617	76,643	42,410	
Capital Outlay	1,900,000	358,445	1,541,555	1,900,000	2,508,899	
Sub-Total Plant Operations	7,919,893	3,418,606	4,512,509	7,931,115	9,298,770	

DESCRIPTION	ADOPTED BUDGET
FY 2021/2022	ACTUAL THRU
5/31/2022	PROJECTED NEXT
4 Months	TOTAL
PROJECTED
9/30/2022	ADOPTED
BUDGET
FY 2022/2023	

FIELD OPERATIONS

Salaries and Wages Special Pay
FICA Taxes Pension Expense Health Insurance
Workers Comp. Insurance Tuition Reimbursement OPEB Expense
Water Quality Testing Naturescape Irrigation Service Telephone Expense
Electric Expense Rentals & Leases
Rent Expense - SCADA Insurance
Repairs and Maintenance Lift Stations
Generators Meters
Office Supplies Operating Supplies Uniforms
Motor Fuels
Dues, Licenses, Schools & Permits Capital Outlay	860,607
1,670
65,836
103,273
244,202
31,125
24,520
3,000
1,000
5,500
16,900
112,300
9,500
56,040
26,000
180,000
198,850
34,600
31,440
1,680
57,190
5,730
22,860
10,250
1,020,000	396,297
1,812
30,628
46,886
121,025
19,658
-
- 320
- 7,437
67,942
1,283
37,360
11,907
171,772
30,717
6,029
8,149
298
35,098
2,170
15,070
1,471
268,257	464,310
- 35,208
56,387
123,177
11,467
24,520
3,000
680
5,500
9,463
44,358
8,217
18,680
14,093
8,228
168,133
28,571
23,291
1,382
22,092
3,560
7,790
8,779
751,743	860,607
1,812
65,836
103,273
244,202
31,125
24,520
3,000
1,000
5,500
16,900
112,300
9,500
56,040
26,000
180,000
198,850
34,600
31,440
1,680
57,190
5,730
22,860
10,250
1,020,000	903,637
1,754
69,128
108,437
256,412
32,681
25,746
3,150
1,000
3,400
18,600
118,000
9,500
56,040
26,000
178,250
157,850
34,600
31,440
1,680
57,190
5,730
27,740
10,500
1,710,000	
Sub-Total Field Operations	3,124,073	1,281,585	1,842,630	3,124,215	3,848,464	
		
TOTAL OPERATING EXPENDITURES	13,626,845	6,391,115	7,266,019	13,657,133	15,800,477	
		
TOTAL OPERATING EXPENDITURES &
RESERVES	
13,626,845	
6,391,115	
7,266,019	
13,657,133	
15,800,477	
		
AVAILABLE FOR DEBT SERVICE	3,103,144	2,985,875	554,631	3,540,506	2,979,599	
		
Debt Coverage Required	1.10	1.10			1.26	1.06	
		
Debt Service Requirement	1.00	2,821,040			2,821,040	2,817,817	
		
Projected Surplus	.10	282,104			282,104	281,782	
		
TOTAL DEBT SERVICES + SURPLUS	3,103,144	3,103,144	3,099,599	
** One time Federal Grant award for blower capital improvement project

CORAL SPRINGS IMPROVEMENT DISTRICT

ADOPTED BUDGET FY 2022 | 2023

ADOPTED BUDGET
The District will use reserve funds in the amount of $3,648,911 to help offset infrastructure projects required by Plant & Field departments, which the majority was carryforward from unused reserve funds from the prior Fiscal Year.
CSID is executing the Financial Management Plan rate increases of 5% to water (including irrigation) and sewer rates as a result of the Rate Study Analysis completed during FY 2019 by Stantec, an independent consulting firm.
REVENUES
Water Revenue
The estimated amount that will be billed to users of the water system of the District is determined by the utility rate agreement. Based on prior year revenues the water revenues are projected to be
$7,486,370.

Sewer Revenue
The estimated amount that will be billed to users of the wastewater system of the District is determined by the utility rate agreement. Based on prior year revenues the sewer revenues are projected to be $6,775,552.
Standby Revenue
The standby charge is applied to each lot, parcel or tract, which has been reserved for water and sewer capacity. The standby charges for this Fiscal Year are based on 13 units per month @ $20 per unit. The amount projected for this Fiscal Year is $3,120.
Processing Fees
A processing fee of $20 is charged to each new utility account. Based on the District’s history of new accounts, the projected amount for this Fiscal Year is $12,000.
Lien Revenue Fees
The Board adopted a $25 charge for an estoppel letter. Based on the prior years’ history of estoppel letters, the estimated amount for this Fiscal Year is $9,000.

CORAL SPRINGS IMPROVEMENT DISTRICT

ADOPTED BUDGET FY 2022 | 2023

REVENUES (Continued)

Delinquent Fees
The District levies a $25 charge for each month the account is delinquent until the account is current. The projected amount for this Fiscal Year is $170,000.
Contract Utility Billing Services
The District contracts out utility billing services for the benefit of cost sharing. This Fiscal Year the District expects to receive $72,470.
Contract HR & Payroll Services
The District provides human resource and payroll services to other Districts based on fees established under interlocal agreements. Budgeted fees are $14,521.
Rent Revenue
This line item represents the lease of office space to perform work on other Districts. The total budgeted revenue from this source is $71,249.
Technology Sharing Revenue
The District owns an IBM AS-400 computer system as well as a suite of proprietary software programs. Technology sharing is the revenue associated with the performance of duties on the Districts system, phone, fax, ISP and other technology hardware, used for the benefit of the District. The amount being reimbursed by other funds is $16,883.
Miscellaneous Revenues
Represents miscellaneous fees charged to customers for NSF, meter boxes, repairs and other services provided to customer by the District. Based on prior years’ experience, this amount is projected to be $0.
Federal Grant Award

In July 2021, the District was awarded a Federal Grant for Blower Replacement in the amount of
$500,000.

CORAL SPRINGS IMPROVEMENT DISTRICT

ADOPTED BUDGET FY 2022 | 2023

ADMINISTRATION EXPENDITURES

Salaries and Wages
The total amount of budgeted wages for this Fiscal Year is $1,140,563.

Special Pay
Special pay is a holiday bonus based on the employee’s number of years of service. This year’s expense is $2,531.
FICA Taxes
FICA tax is established by law and the current rate is 7.65%. Based on salaries of is $1,140,563, the amount projected for FICA tax is $87,253.
Pension Expense
The pension plan was established whereby the District makes contributions on behalf of each employee with other funds available to match contributions made by the employee to the deferred compensation plan. Based on salaries of $1,140,563, the amount projected for pension expense is
$136,868.

Health Insurance
The District offers each employee Health, Life, Dental and Disability Insurance. The amount budgeted is $257,219.
Worker’s Compensation Insurance
Worker’s compensation insurance is being budgeted for $2,625.

Unemployment Compensation
Unemployment compensation is expected to be $0.

Tuition Reimbursement
The budgeted amount is estimated to be $31,668.

CORAL SPRINGS IMPROVEMENT DISTRICT

ADOPTED BUDGET FY 2022 | 2023

ADMINISTRATION EXPENDITURES (Continued)

OPEB Expense
Other post-employment benefits (OPEB) are the benefits that an employee will begin to receive at the start of retirement. This does not include pension benefits paid to the retired employee (GASB Statements 74 and 75). The budgeted amount is estimated to be $3,005.
Engineering Fees
The District currently has a contract with Globaltech, Inc., to provide general engineering services not related to or associated with any specific capital improvement project. The contract includes preparation for monthly meetings, monthly reporting, and responses to requests from the Board. Based on anticipated general engineering work, the fees are not expected to exceed $33,600.
Trustee Fees/Other Debt Expense
This expense includes charges associated with the currently existing outstanding bond issues. Pending bond fees & arbitrage costs are not included in this listing.
Trustee Fees (2016 Series)	$10,075	
AMTEC Report		600	
Total Expenses	$10,675	
Legal Fees		
The District currently has a contract with Lewis, Longman and Walker, PA as legal counsel for the District. This contract includes preparation for monthly board meetings, contract review, etc. This year’s budget is not expected to exceed $60,000.

CORAL SPRINGS IMPROVEMENT DISTRICT

ADOPTED BUDGET FY 2022 | 2023

ADMINISTRATION EXPENDITURES (Continued)
Special Consulting Services
The District may need to engage a consultant that specializes in legislative codification matters that would amend the current charter. Included in those matters are bidding threshold requirements, efficiencies, gains, and benefits inherent in contract administration. Other consulting services may be incurred for special projects as needed. The anticipated cost for all of these services is $158,000.
Information & Technology Services
The District retained a Consulting firm specialized in techology and cybersecurity to manage the Districts’ Network and computer platforms. The projected amount for this service is estimated at
$100,000.

Travel & Per Diem (Board)
This expense represents travel expenses for the Board of Supervisors’ and Directors. The budgeted amount for this fiscal year is $8,000.
Annual Audit
The District’s auditing firm is Keefe, McCullough & Co., LLP. Based on the current activity level this amount should not exceed $15,750.
Actuarial Computation - OPEB
Florida state statutes require the employer to make health coverage available to retirees at the employer’s group rate. GASB 75 requires a periodic actuarial assessment of the cost and liability associated with these benefits. The budgeted amount for this Fiscal Year is $3,200.
Management Fees
This service includes management and financial advisory services provided to the District under the Management Contract with Inframark, LLC. This Fiscal Year the expense is $96,764.

CORAL SPRINGS IMPROVEMENT DISTRICT

ADOPTED BUDGET FY 2022 | 2023

ADMINISTRATION EXPENDITURES (Continued)

Telephone Expense
Telephone Service, fax machine and long-distance calls are included under this expense. Based on the prior years’ experience, the amount should not exceed $15,200.
Postage
Overnight deliveries, general, utility bills, etc.

Utility Billing	48,000	
Administrative	5,380	
Special Mailings	  2,400	
Total	$55,780	
Printing and Binding		
Stationary, utility billing forms, personnel forms, envelopes, photocopies, etc.

Utility Billing	39,600	
Accounting	2,000	
Personnel Department	3,000	
Marketing Materials	 2,000	
Total	$46,600	

Electric Expense
This expense includes the electric service for the Administrative Building. Based on prior years’ expense the projected amount for this Fiscal Year is $15,400.

CORAL SPRINGS IMPROVEMENT DISTRICT

ADOPTED BUDGET FY 2022 | 2023

ADMINISTRATION EXPENDITURES (Continued)

Rentals and Leases
The following charges are being budgeted in the Fiscal Year:

Copier Lease	$	2,075	
Mail Machine		1,075	
Total	$	3,150	
Insurance		
The District retains Egis Insurance & Risk Advisors as our Insurance Agent, who on a yearly basis arranges the placement of the District insurance for property, general liability, and inland marine coverage. The expected amount for this Fiscal Year should not exceed $18,750.
Repair and Maintenance
The following expenses are anticipated for the budget year.

A/C Maintenance & Repairs	$23,900	
Pest Control	2,100	
Carpet, Windows, Floors & General Cleaning	8,200	
Building Small Supplies/Materials	1,800	
Roof Repairs	4,000	
Contingencies		1,000	
Total	$ 41,000	

CORAL SPRINGS IMPROVEMENT DISTRICT

ADOPTED BUDGET FY 2022 | 2023

ADMINISTRATION EXPENDITURES (Continued)

Legal Advertising
The District posts most of its legal advertising in the Sun-Sentinel. Expenses include monthly meetings, special meetings, public hearings, request for bids, etc. The estimated amount should not exceed $4,500.
Other Current Charges
Bank charges and any other miscellaneous expenses that occur during the year as follows:

Commercial Bank Charges	7,200	
Phone System Computer Boards	5,000	
Monitoring Fees	600	
Employment & Drug Screening	3,000	
Cleaners/Supplies/etc.	4,800	
Miscellaneous Charges	15,950	
TOTAL	$ 36,550	
Merchant Fees		

The District is charged monthly administrative fees as well as individual transaction fees on all credit card payments we receive. Based on last years’ experience the projected amount should not exceed
$90,100.

CORAL SPRINGS IMPROVEMENT DISTRICT

ADOPTED BUDGET FY 2022 | 2023

ADMINISTRATION EXPENDITURES (Continued)

Computer/Technology Expenses
This represents software, anti-virus, web hosting, tech services & additional computer project systems and support for this Fiscal Year which amount should not exceed $99,095.
Employment Ads
Recruiting Expenses for qualified candidates for Plant Operators, Field and Administration Personnel. Based on prior years’ experience the amount should not exceed $13,550.
Toilet Rebates
Utility bills are credited $99 for those customers who install a qualifying toilet under the rebate program established by the District. Budgeted rebates reflect a total of 150 toilets for $14,850.
Office Supplies
Accounting, Utility Billing and Administrative Supplies such as printer cartridges, file cabinets, computer supplies, file folders, pens, pencils, cleaning supplies, paper products, etc. Based on historical experience the amount should not exceed $4,000.
Dues, Licenses, Schools & Permits
This item includes professional publications such as GAS Guide and Florida Statutes. This expense also covers the cost for CPA continuing education requirements and license renewal, management training, and training related to human resources. The amount should not exceed $15,000.
Promotional Expenses
The District is budgeting $22,000 for the budget year.

Capital Outlay
The budgeted amount of $10,000 is being provided for work on HVAC ducts.

CORAL SPRINGS IMPROVEMENT DISTRICT

ADOPTED BUDGET FY 2022 | 2023

EXPENDITURES - PLANT OPERATIONS

Salaries and Wages
The total amount of budgeted wages for this Fiscal Year is $2,258,915.

Special Pay
Special pay is a holiday bonus based on the employee’s number of years of service. This year’s expense is $3,442.
FICA Taxes
FICA tax is established by law and the current rate is 7.65%. Based on salaries of $2,258,915, the amount projected for FICA tax is $172,807.
Pension Expense
The pension plan was established whereby the District makes contributions on behalf of each employee with other funds available to match contributions made by the employee to the deferred compensation plan. Based on salaries of $2,258,915, the amount projected for pension expense is
$271,070.

Health Insurance
The District offers each employee Health, Life, Dental and Disability Insurance. The amount budgeted is $538,674.
Worker’s Compensation Insurance
Worker’s compensation insurance is being budgeted for $84,233.

Tuition Reimbursement
The amount budgeted is $61,152.

CORAL SPRINGS IMPROVEMENT DISTRICT

ADOPTED BUDGET FY 2022 | 2023

EXPENDITURES - PLANT OPERATIONS (Continued)

OPEB Expense
Other post-employment benefits (OPEB) calculation budgeted amount is based on previous year calculation and estimated to be $4,916.
Water Quality Testing
Water Quality Testing is provided by Florida Spectrum Environmental Services, Inc. This Fiscal Year the projected amount for water quality testing is $75,693.
Telephone Expense
Telephone charges for this Fiscal Year include Bellsouth phone service for Water and Wastewater offices and Sprint phone services. The projected amount for this Fiscal Year is $10,034.
Electric Expense
The electric requirements for the plant facility and wells are based upon the operating history. Based on prior year’s expense the projected amount for this Fiscal Year is $674,600.
Rentals and Leases
The District is budgeting $13,738 for miscellaneous equipment rentals.

Insurance
The District retains Egis Insurance & Risk Advisors as our Insurance Agent, who on a yearly basis arranges the placement of the District insurance for property, general liability, and inland marine coverage. The expense should not exceed $174,240.
Repairs & Maintenance
Repair and maintenance expenses anticipated to be spent in the Fiscal Year are as follows:

CORAL SPRINGS IMPROVEMENT DISTRICT

ADOPTED BUDGET FY 2022 | 2023

EXPENDITURES - PLANT OPERATIONS (Continued)

Water Department
R&M General	
54,046	
Generator Maintenance & Repairs	21,640	
Vibration Analysis Program	31,800	
R&M Well & Deep Well	141,770	
Instrument and Control Repairs/Calibration	42,100	
Facility Maintenance		49,300	
Total Water	$ 340,656	
Wastewater Department R&M General	

67,010	
Generator Maintenance & Repair	27,850	
Deep Well Maintenance	46,000	
Instruments & Controls/ Meter Calibration	79,200	
Tank Cleaning - Plant E	61,000	
Paint Interior Plant E	66,000	
Facility Maintenance	41,000	
Mechanical Injection Well		245,000	
Total Wastewater	$ 633,060	

CORAL SPRINGS IMPROVEMENT DISTRICT

ADOPTED BUDGET FY 2022 | 2023

EXPENDITURES - PLANT OPERATIONS (Continued)

Maintenance	
R&M General	10,800	
Vehicle Maintenance	10,400	
R&M Trash Pick Up	1,500	
Lawn Maintenance Contract	84,400	
Other Facility Maintenance		15,000	
Total Maintenance	$122,100	

TOTAL REPAIRS & MAINTENANCE - PLANT	$1,095,816

Filters for Water Plant
Budgeted replacement costs for filters, membranes and interconnectors for the Water Plant are
$222,800.

Sludge Management - Sewer
Sludge removal costs are budgeted for $256,600.

Chemicals
Products used in the process of Water & Wastewater treatments. The amount projected to be spent in this Fiscal Year is $606,010.
Office Supplies
Paper, pens, folders, and other office supplies. The projected amount for this Fiscal Year is $3,635.

CORAL SPRINGS IMPROVEMENT DISTRICT

ADOPTED BUDGET FY 2022 | 2023

EXPENDITURES - PLANT OPERATIONS (Continued)

Operating Supplies
General operating supplies include laboratory chemicals and miscellaneous tools and equipment. The projected amount is $59,350.
Uniforms
Uniform purchases, rentals and safety boot allowances are budgeted at $11,640.

Motor Fuels
Motor fuels include gasoline and diesel fuel needed for the operation of auxiliary generators. The projected amount is $148,095.
Dues, Licenses, Schools & Permits
This expense represents costs for license renewals, subscriptions, books and schooling required to maintain licenses to operate for plant employees. The projected amount for this Fiscal Year is
$42,410.

Capital Outlay
The District is budgeting for projects such as the addition of VFD’s to wells, valve replacement HSP building, membrane performance evaluation, blower 4 & 5 replacement including grant award of
$500,000, 600KW emergency generator emergency generator, rebuilt old blower #1 and a risk & resiliency letter assistance from the engineering company to name some. The total amount budgeted is $2,508,899.

The budgeted capital outlay includes $1,628,447 which was approved for ongoing projects in the 2021/2022 fiscal year. These projects will not be completed by the end of the Fiscal Year and it is estimated that the outstanding amount for these projects will be charged in the 2022/2023 Fiscal Year.

CORAL SPRINGS IMPROVEMENT DISTRICT

ADOPTED BUDGET FY 2022 | 2023

EXPENDITURES - FIELD OPERATIONS

Salaries and Wages
The total amount of budgeted wages for this Fiscal Year is $903,637.

Special Pay
Special pay is a holiday bonus based on the employee’s number of years of service. This year’s expense is $1,754.
FICA Taxes
FICA tax is established by law and currently is 7.65%. Based on salaries of $903,637 the amount projected for FICA tax is $69,128.
Pension Expense
The pension plan was established whereby the District makes contributions on behalf of each employee with other funds available to match contributions made by the employee to the deferred compensation plan. Based on salaries of $903,637, the amount projected for pension expense is
$108,437.

Health Insurance
The District offers each employee Health, Life, Dental and Disability Insurance. The amount budgeted is $256,412.
Worker’s Compensation Insurance
Worker’s compensation insurance is being budgeted for $32,681.

Tution Reimbursement
The projected amount is $25,746.

CORAL SPRINGS IMPROVEMENT DISTRICT

ADOPTED BUDGET FY 2022 | 2023

EXPENDITURES - FIELD OPERATIONS (Continued)

OPEB Expense
Other post-employment benefits (OPEB) calculation budgeted amount is based on previous year calculation and estimated to be $3,150.
Water Quality Testing
Water Quality Testing is provided by Florida Spectrum Environmental Services, Inc. This Fiscal Year the projected amount for water quality testing is $1,000.
Naturescape Irrigation Service
Annual fee of $3,400 is paid to Broward County for the operation of the Naturescape irrigation service.
Telephone Expense
Telephone and fax machine are budgeted annually. Based on prior year’s experience the amount should not exceed $18,600.
Electric Expense
The electric requirements (for Lift Stations) are based upon the operating history. Based on prior years’ expense the projected amount for this Fiscal Year is $118,000.
Rentals & Leases
Equipment rental, other than for SCADA, is budgeted for $9,500.

Rent Expense-SCADA
The District will install and rent components for telemetry lift-station operation and monitoring for
$56,040.

CORAL SPRINGS IMPROVEMENT DISTRICT

ADOPTED BUDGET FY 2022 | 2023

EXPENDITURES - FIELD OPERATIONS (Continued)
Insurance
The District retains Egis Insurance & Risk Advisors as our Insurance Agent, who on a yearly basis arranges the placement of the District insurance for property, general liability, and inland marine coverage. The expected amount for this Fiscal Year should not exceed $26,000.
Repairs and Maintenance
Following is a listing of the different repairs and maintenance needed for field operations

maintenance.	
GIS Services	$ 37,500	
Backhoe Maintenance	8,000	
Jet Machine Service	4,000	
R&M General	5,000	
Air Conditioning	3,500	
R&M Facilities	4,500	
Backflow Certifications & Replacements	9,500	
Valve Replacement & Maintenance	10,000	
Streets & Landscape	57,250	
Hydrants	19,000	
Vehicles	  20,000	
Total Repairs & Maintenance	$178,250	

CORAL SPRINGS IMPROVEMENT DISTRICT

ADOPTED BUDGET FY 2022 | 2023

EXPENDITURES - FIELD OPERATIONS (Continued)

Lift Stations
This expense is to cover lift stations maintenance and repairs including new pumps and electrical supplies. The District operates 41 Lift Stations on the Field. The projected amount for this Fiscal Year is $157,850.
Generators
Amount projected for expenses related to Portable Generators including services and repairs. The District owns 7 Portable Generators. Budget amount should not exceed $34,600.
Meters
This program was setup to replace old meters. The projected amount for this fiscal year includes new connections and supplies costs. The amount being budgeted for new connections is $31,440.
Office Supplies
Paper, pens, folders, and other office supplies. The projected amount for this Fiscal Year is $1,680.

Operating Supplies
General operating supplies include laboratory chemicals and miscellaneous tools and equipment. The projected amount is $57,190.
Uniforms
Uniform purchases and rentals and safety boot allowances are budgeted at $5,730.

Motor Fuels
Motor fuels include gasoline and diesel fuel needed for the operation of portable generators. The projected amount is $27,740.

CORAL SPRINGS IMPROVEMENT DISTRICT

ADOPTED BUDGET FY 2022 | 2023

EXPENDITURES - FIELD OPERATIONS (Continued)

Dues, Licenses, Schools & Permits
This expense represents the cost for license renewals, subscriptions, books and schooling required to maintain their license to operate. The projected amount is $10,500.
Capital Outlay
The District is budgeting for projects such as the rehab of a lift station and sewer basin, purchase of one portable generator, sewer lining spot repairs, lift stations camera work and storage shed for generators. The expected amount for this Fiscal Year should not exceed $1,710,000.

CORAL SPRINGS IMPROVEMENT DISTRICT

ADOPTED BUDGET FY 2022 | 2023

DEBT SERVICE
During FY 2015/2016, Coral Springs Improvement District refinanced Series 2007 Bonds with Refunded Revenue Bonds Series 2016 in the amount of $42,830,000 with a rate of 3.05%.
$38 million were used to the construction project of water plant and $4 million has been set aside to take care of interest during the capitalized period, and to ensure those payments are available to the bondholders.
Debt service schedule represents the amount of money required to make payments on the principal and interest on the outstanding loan.

The schedule below reflects a total Debt Service requirement of $2,817,817 for the new Fiscal Year. Budgeted $1,795,000 for principal and $1,022,817 for interest.