GENERAL FUND
APPROVED TENTATIVE BUDGET
FY 2024 / 2025

CORAL SPRINGS IMPROVEMENT DISTRICT

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Table of Contents

BUDGET HIGHLIGHTS
Approved Tentative Budget	3-5
Budget Narrative…	6-14

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DESCRIPTION	ACTUAL	ADOPTED	ACTUAL	TOTAL	PROPOSED	
	FYE
9/2023	BUDGET
FY 2023/2024	thru
3/31/2024	Projected thru
9/30/2024	BUDGET
FY 2024/2025	

Revenue	
Non	Ad	Valorem Taxes			3,261,963	3,407,082	3,247,752	3,244,840	3,577,436	
Permit		Fees							5,600	3,200	12,950	25,900	20,000	
Miscellaneous	Revenues			10,544	-	500	1,000	-	
Interest	449,109	-	394,725	789,451	300,000	
Shared	Personnel Revenue		38,150	38,150	19,631	39,262	40,464	
Carry		Forward Assigned Funds		-	5,992,522	-	-	4,375,955	
	
										Total	Revenues	3,765,366	9,440,954	3,675,558	4,100,453	8,313,855	

Expenses	
Administrative Personnel	
Supervisor Fees	7,800	7,200	3,508	7,016	12,000	
Salaries	And Wages			194,644	223,921	102,036	204,073	249,364	
Special Pay	-	268	908	1,816	289	
FICA	Expense					14,645	17,682	7,047	14,095	19,996	
Pension	Expense				5,654	13,435	5,549	11,098	14,962	
457 Match	5,654	13,435	5,261	10,522	14,962	
Health Insurance	13,833	49,399	29,673	59,345	129,769	
Workers	Comp.	Insurance		1,015	533	90	179	604	
Payroll Processing	Fees			-	2,580	1,890	3,780	2,500	
Tuition		Reimbursement			-	7,480	-	-	9,560	
	
									Total	Administrative	Personnel	243,246	335,933	155,962	311,924	454,006	

Administrative Non-Personnel	
Engineering Fees	39,922	44,100	2,454	4,909	18,600	
Attorney	Fees						93,273	96,000	34,535	69,071	96,000	
Special Consulting	Services		1,000	200,000	11,974	23,948	155,000	
Newsletter	-	-	3,128	6,255	4,800	
Cybersecurity	&	It	Services		-	13,737	6,458	12,915	14,400	
Annual Audit	8,200	10,700	8,800	8,200	11,400	
GASB	Valuation	Fee			350	500	-	-	400	
Management	Fees			64,506	64,509	32,253	64,506	68,437	
Telephone	3,742	3,860	1,974	3,948	3,950	
Postage	752	730	369	737	760	
Printing &	Binding				1,418	1,380	738	1,476	1,530	
Paver Driveway	Incentive Program		-	12,500	-	-	12,500	
Rentals And Leases	13,506	13,905	6,990	13,980	14,400	
Insurance	982	1,300	1,180	2,361	3,000	
Legal Advertising	3,129	6,000	1,812	3,624	5,000	
Bank	Fees							65	100	20	40	250	
Monitoring Fees	324	400	162	324	500	
Employment	Screening			948	800	371	742	1,000	
Technology	25,783	17,363	8,688	17,376	17,900	
Office	Supplies					7,352	8,290	4,171	8,341	8,520	

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DESCRIPTION	ACTUAL	ADOPTED	ACTUAL	TOTAL	PROPOSED	
	FYE
9/2023	BUDGET
FY 2023/2024	thru
3/31/2024	Projected thru
9/30/2024	BUDGET
FY 2024/2025	
	
Dues,	Licenses,	Subscriptions			8,648	3,175	4,675	4,675	4,675	
Promotional Expense	4,974	4,800	-	-	1,000	
Open House	-	-	4,738	9,477	6,960	
Staff	Development							-	4,725	278	555	12,200	
	
						Total	Administrative	Non-Personnel	278,874	508,874	135,767	257,459	463,182	
	
									Total	Administrative	Expenses	522,120	844,807	291,729	569,383	917,188	

Stormwater Personnel	
Salaries	And Wages						304,551	328,425	150,651	301,301	339,175	
Special Pay	-	758	-	-	866	
FICA		Expense								22,721	25,124	11,360	22,720	25,947	
Pension	16,412	19,706	7,767	15,535	20,351	
457 Match	16,412	19,706	7,767	15,535	20,351	
Health Insurance	79,123	112,306	43,515	87,030	112,966	
Workers	Comp.	Insurance					9,097	16,619	4,236	8,473	17,162	
OPED		Expense								-	-	-	-	400	
Payroll Processing	Fees					2,582	3,380	597	1,193	2,500	
Tuition	Reimbursement					-	11,200	-	-	12,200	
									Total	Stormwater Personnel	450,897	537,223	225,894	451,787	551,917	

Stormwater Operations	
Water Quality	Testing					1,804	3,000	1,356	2,712	4,000	
Telephone	753	2,200	241	483	1,000	
Electric	1,043	1,500	571	1,141	1,800	
Rentals and Leases	-	500	-	-	2,700	
Insurance	11,534	13,000	13,866	27,732	35,000	
R&M-General	12,306	30,135	2,250	4,500	30,200	
R&M-Fencing	-	-	-	-	1,000	
R&M-Culvert	Inspect/Cleaning			19,500	290,000	62,670	125,340	139,500	
R&M-Canal Dredging	-	25,000	-	-	-	
R&M-Vegetation	Management			-	15,000	-	-	15,000	
R&M-Vehicles	2,626	5,500	755	1,510	5,500	
R&M-Trash Pick-Up	5,072	5,200	4,037	8,074	7,500	
R&M-Facility	Maintenance					24,916	12,000	11,023	22,045	50,000	
R&M-Pump Stations	37,692	72,055	3,636	7,272	97,100	
Other Operating	Supplies					1,612	22,100	500	1,000	22,100	
GIS	Services									-	-	-	-	10,000	
Herbicides	(Chemicals)					145,019	160,000	31,287	62,574	160,000	
Uniform	Rental								1,052	2,100	456	912	2,000	
Gas &		Diesel Fuel							16,529	9,300	2,566	5,132	9,300	
Propane Fuel	-	42,000	4,970	9,940	42,000	
Dues,	Licenses,	Subscriptions			3,528	10,100	400	800	2,550	
Staff	Development							-	-	68	136	6,500	
	
									Total	Stormwater Operations	284,987	720,690	140,651	281,303	644,750	

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DESCRIPTION	ACTUAL	ADOPTED	ACTUAL	TOTAL	PROPOSED	
	FYE
9/2023	BUDGET
FY 2023/2024	thru
3/31/2024	Projected thru
9/30/2024	BUDGET
FY 2024/2025	

Stormwater Capital	
Projects									
Capital Projects	-	47,000	43,955	133,568	125,000	
Safety	&	Sustainability							34,806	5,516,500	13,959	27,918	4,075,000	
R&M-Canal Stabilization/Repair	1,061,111	1,100,000	22,829	326,825	1,300,000	
	
								Total	Capital	Projects	1,095,917	6,663,500	80,743	488,311	5,500,000	
	
								Total	Stormwater	1,831,801	7,921,413	447,288	1,221,402	6,696,667	
	
Total	Administration	&	Stormwater Expenses	2,353,921	8,766,220	739,017	1,790,785	7,613,855	

Reserves	
Reserved for 1st	Qtr.	Operating				-	450,000	-	-	450,000	
Reserved for Designated	Projects/Emergency	-	250,000	-	-	250,000	
	
									Total	Reserves	-	700,000	-	-	700,000	
	
					Total	Expenses &	Reserves	2,353,921	9,466,220	739,017	1,790,785	8,313,855	
	
Excess Reserves over Expenses &	Reserves	1,411,444	-	2,936,541	2,309,668	-	

REVENUES:
Assessments

The District levies a Non-Ad Valorem Assessment on all taxable property within the Coral Springs Improvement District to fund operating and maintenance expenditures, and future reserves. Based on the following table:

Source: Assessment Methodology Study – 5/2018

Permit Review Fees

The District restructured permit fees during the 2023/2024 Fiscal Year. The Board of Supervisors approved the new fee schedule. The budget for permit review fees is based on the previous year’s earnings. The amount budgeted for this line item is
$20,000.
Interest Income
The District earns interest on funds deposited in various money markets and pools of investment accounts. Interest rates have leveled off but are holding above 5% as of the printing of this budget.

Shared Personnel Revenue

The District has an interlocal agreement with Pinetree Water Control District. Under the provisions of that agreement the District provides the services of an appropriately licensed field supervisor to Pinetree. Budgeted revenue from this source is $40,464.

EXPENDITURES ADMINISTRATIVE
Supervisor Fees

The members of the Board of Supervisors receive $200 per meeting, not to exceed
$2,400 each per year. Due to new regulations the Board will increase from three members to five after the 2024 elections. Based on five supervisors and twelve meetings per year, the amount should not exceed $12,000.
Salaries and Wages

The total amount of budgeted wages for this Fiscal Year is $249,364

Special Pay
Special pay is a holiday gift based on the number of years of service. The budget for special pay is $289.
FICA Taxes
Governmental FICA tax is 7.65% of employee gross pay. Based on salaries of
$249,364 and Supervisors Fees of $12,000 the budget for FICA taxes is $19,996.

Pension Expense
The District provides a pension plan whereby the employer contributes on a percentage basis for the employees. Based on salaries of $249,364 the pension expense budget is $29,924.

Health Insurance
The District offers each employee Health, Life, Dental and Disability Insurance. In addition, the board members can choose to receive Health and Dental Insurance only. The projected cost to be paid by the District for this fiscal year is $129,769.

Education

The District values continued learning and encourages employees to further their education. The District will pay for classes taken by employees when the subject is related to the employee’s job. The total budget is $9,560.
Worker’s Compensation Insurance
The District’s Worker’s Compensation Insurance budget is $604.

Payroll Processing Fees

In April of 2023, the District contracted with PayCom for payroll processing services. The projected amount for payroll fees for this fiscal year is $2,500.

Engineering Fees
During the 2023/2024 Fiscal Year the District hired a full-time Director of Engineering. The District has reduced its budget for outside contracted engineering services to $18,600.

Legal Fees

The District currently has a contract with Lewis Longman & Walker, P.A. as legal counsel for the District. This contract includes preparation for monthly board meetings, contract review, and other consultations. Based on prior years’ experience the projected amount for this Fiscal Year is $96,000.

Special Consulting Services

At times, the District needs additional consulting to conduct workshop sessions involving staff and department managers.The total amount budgeted is $155,000.
Annual Audit

The District is required by Florida Statutes to arrange for an independent audit of its financial records on an annual basis. The budget for the 2024 audit is approximately
$11,400.

Actuarial Computation - OPEB

Florida Statutes require the employer to make health coverage available to retirees at the employer’s group rate. The Governmental Accounting Standards Boardrequires a periodic actuarial assessment of the cost and liability associated with these benefits. In June 2017 GASB 75 replaced and expanded GASB 45 reporting requirements. The District is budgeting $400 for this assessment.

Management Fees

This service includes $68,437 in management and financial advisory services provided to the District under the Management Contract with Inframark.

Telephone

Telephone expenses budgeted for this Fiscal Year at $3,950.

Postage
Mailing of	agenda packages, overnight deliveries,	correspondence. Budgeted amount for this Fiscal Year is $760.

Printing and Binding

Checks, stationery, envelopes, photocopies, and other informational mailings. The budgeted amount for this Fiscal Year is $1,530.

Paver Driveway Incentive Program

An incentive of $250 payment each year to the first fifty District residents to replace a concrete or other impervious surface driveway with a pervious paver type driveway. The total budget is $12,500.

Administrative Building Costs

This expense represents the costs of operating and maintaining the administration building. The projected amount for this cost is $14,400.

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. Insurance costs have increased and the expected amount for this Fiscal Year should not exceed $3,000.

Legal Advertising

The District does its legal advertising in the Sun-Sentinel. Expenses include monthly meetings, special meetings, public hearings, and informational notices. Based on prior years’ spending the amount should not exceed $5,000.

Other Charges / Contingencies

The District has minimal budgeting for various bank charges, monitoring fees and employment screening as needed. The budgeted amount for these items totals $1,750.

Technology / Cybersecurity
All the District’s financial records, accounts payable, customer accounts are on a secure main frame computer owned by Coral Springs Improvement District. Cybersecurity has become an increased need to protect the information of CSID and its customers. The budgeted amount for technology is $32,300.

Office Supplies
Accounting and Administrative Supplies. Projected expense for this year is $8,520.

Dues, Subscriptions, Licenses & Staff Development

	Yearly	
Annual renewal fee to Florida Assoc.	$ 4,500	
Annual Special District fee	175	
Staff Development CEU/Licenses	 12,200	
Total	$16,875	
Newsletters		

The District circulates periodic newsletters for the purpose of keeping its residents informed of issues affecting them and may sponsor other events for residents to obtain information about the services provided. The annual budget for this itemis $4,800.

Open House

The District feels it is important for the residents to experience CSID. To give our residents the opportunity to gain knowledge about the work done by our Stormwater crews, we have a yearly Open House. The budgeted amount for this line item is
$6,960.
Capital Purchases
There are no budgeted expenditures.

FIELD OPERATIONS
Salaries and Wages
The total amount of budgeted wages for this Fiscal Year is $339,175.

Special Pay
Special pay is a holiday gift to employees based on the number of years of service. The amount budgeted for this fiscal year is $866.
FICA Taxes
Government FICA tax is currently 7.65%. Based on salaries of $339,175 the budget for FICA taxes is $25,947.
Pension Expense
The District has a pension plan whereby the employer contributes to the plan annually. Based on salaries of $339,175 the pension expense budgeted is $40,702.
Health Insurance
The District offers the employees’ Health, Life, Dental and Disability Insurance. The projected cost to the District for this fiscal year is $112,966.

Education

The District values continued learning and encourages employees to further their education. The District will pay for classes / seminars taken by employees when the subject is related to the employee’s job. The total budget is $12,200.

Worker’s Compensation Insurance
The District’s budget for Worker’s Compensation Insurance premiums is $17,162.

Payroll Processing Fees

In April of 2023, the District contracted with PayCom for payroll processing services. The projected amount for payroll fees for this fiscal year is $2,500.

Water Quality Testing

The District does Water Quality Testing to provide a guide for planning the aquatic plant control program, which provides indications of dangerous or threatening conditions. Based on last year’s quarterly evaluations the budget is set at $4,000.

Communications-Radios/Cellphones

The District provides T-Mobile telephones for the field employees. The following are the estimated costs for the budget year.
Yearly

Field Supervisor	$	500	
Truck No. 1	250	
Truck No. 1		250	
Total	$1,000	

Electric
The District currently has the following utility accounts with Florida Power and Light for purposes of providing electricity to two pump stations:

Address	Yearly	
Pump Station #1 – 121 NW 93rd Terrace	$	900	
Pump Station #2 – 12000 SW 1st Street	900	
Total	$1,800	

Rentals and Leases

Payments related to a lease on a copy machine. The projected cost for this fiscal year is $2,700.

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. Insurance costs have increased and the expected amount for this Fiscal Year should not exceed $35,000.

Repair & Maintenance - General

The following is a listing of the different repairs and maintenance needed for operations.
Yearly

Vehicle Maintenance	5,500	
Pump Station Repairs/Maintenance	97,100	
Trash Pick-up Service	7,500	
General, GIS Service & Misc	41,200	
Total	$151,300	

Repair & Maintenance - Facility

Estimated costs for general facility maintenance are $50,000.

Culvert Inspection and Cleaning
Culvert inspection and cleaning budget for this year is $139,500.
Vegetation Management
Prevention of growth of invasive vegetation in canal rights-of-way, with associated bank repair. This should not exceed $15,000.

Operating Supplies

The following is a listing of the different operating supplies needed for operations.

Yearly	
Safety equipment	$ 6,575	
Annual Waterway Cleanup Donation	525	
Grass eating triploid carp	15,000	
Total	$22,100	

Herbicides / Chemicals

Estimated costs for chemicals for the budget year are $160,000.

Uniform Rental / Purchase
Estimated costs for uniform rental / purchase including Employee Safety BootAllowance for the budget year are $2,000.

Motor Fuels & Propane

Estimated costs for motor fuels at $9,300 and propane at $42,000 for at total budget of
$51,300.
Dues, Licenses, Staff Development
Stormwater employees must have an Aquatic License. This expense includes the classes, licenses and all fees related to the employee obtaining an Aquatic License. This year’s projected amount should not exceed $9,050.

Capital Outlay-Equipment
Capital outlay budget for equipment is $125,000, for the purchase and installation of a new engine.

Capital Projects
Capital projects budgeted in the amount of $5,500,000 for canal bank restoration, and the Windstorm Mitigation Safety and Sustainability project.

Reserves for 1st Quarter Operating
First quarter reserves budget for operating expenses is $450,000.
Reserves for Assigned Projects and Emergencies
The reserve fund is set aside for projects designed to maintain the District’s drainage assets and to provide for unexpected events/natural disastersthat may occur other than those related to Hurricanes. This fiscal year the amount projected to be set aside is $250,000.