Fellsmere Water Control District

Final Budget Fiscal Year 2024/2025
October 1, 2024 - September 30, 2025

CONTENTS

FINAL BUDGET

FINAL MAINTENANCE BUDGET

DETAILED FINAL BUDGET

DETAILED FINAL MAINTENANCE BUDGET

ASSESSMENT COMPARISON

& VII	BUDGET NARRATIVE

FINAL BUDGET
FELLSMERE WATER CONTROL DISTRICT FISCAL YEAR 2024/2025
OCTOBER 1, 2024 - SEPTEMBER 30, 2025

REVENUES	FISCAL YEAR 2024/2025
BUDGET	
Tax Revenue	713,054	
Revenue Other	0	
Direct Bill	56,139	
Interest Income	1,800	
TOTAL REVENUES	770,993	
		
ADMINISTRATIVE EXPENDITURES		
Conversion Consultant	0	
Legal and Professional	12,000	
Management Fees	74,160	
Audit Fees	12,000	
Engineering	50,500	
Website Management	3,000	
Office Supplies	1,000	
Miscellaneous	250	
Postage	250	
Insurance - Admin	18,500	
Transportation - Admin	500	
Licenses/Permits	0	
Memberships	2,790	
Legal Advertising	900	
Maintenance Buildings & Grounds	2,300	
Utilities	4,000	
Telephone	4,500	
Payroll Processing Fee	0	
Property Taxes	850	
Property Appraiser Fees	0	
Annual Assesment Roll	500	
Reserve	100,000	
TOTAL ADMINISTRATIVE EXPENDITURES	288,000	
		
TOTAL MAINTENANCE EXPENDITURES	440,210	
		
TOTAL EXPENDITURES	728,210	
		
BALANCE	42,783	
		
Tax Collector Fee	(14,261)	
Discounts For Early Payments	(28,522)	
		
EXCESS/ (SHORTFALL)	0	
		
Carryover From Prior Year	0	
		
NET EXCESS/ (SHORTFALL)	0	

FINAL MAINTENANCE BUDGET
FELLSMERE WATER CONTROL DISTRICT FISCAL YEAR 2024/2025
OCTOBER 1, 2024 - SEPTEMBER 30, 2025

	FISCAL YEAR 2024/2025
BUDGET	
MAINTENANCE EXPENDITURES		
Contract Services		
Aerial Spraying	20,000	
Contract/Mechanical - Lease	70,150	
Canal/Ditch Spraying	45,000	
Canal/Ditch Mowing	20,000	
Sublateral Maintenance	163,000	
Water Testing	2,200	
Contract Services Subtotal	320,350	
		
Ditch Maintenance		
Equipment R & M	1,000	
Supplies/Services	2,500	
Gas & Oil - Maint.	4,500	
Insurance - Maint.	0	
Transportation - Maint.	3,700	
Contingency	3,800	
Ditch Maintenance Subtotal	15,500	
		
Ditch Maintenance-Personnel		
Labor/Equipment Operations	58,560	
Payroll Taxes - Maint.	5,000	
State Retirement - Maint.	17,000	
Workers Comp - Maint.	4,000	
Group Med/Life Insurance - Maint.	19,800	
Ditch Maintenance-Personnel Subtotal	104,360	
		
TOTAL MAINTENANCE EXPENDITURES	440,210	

DETAILED FINAL BUDGET
FELLSMERE WATER CONTROL DISTRICT FISCAL YEAR 2024/2025
OCTOBER 1, 2024 - SEPTEMBER 30, 2025

REVENUES	FISCAL YEAR 2022/2023
ACTUAL	FISCAL YEAR 2023/2024
BUDGET	FISCAL YEAR 2024/2025
BUDGET	

COMMENTS	
Tax Revenue	639,336	529,849	713,054	Expenditures Less Interest, Direct Bill & Carryover/.94	
Revenue Other	8,888	0	0		
Direct Bill	0	0	56,139	Direct Bill 1,600 East Acres	
Interest Income	11,211	1,800	1,800	Interest Projected At $150.00 Per Month	
TOTAL REVENUES	$	659,435	$	531,649	770,993		
					
ADMINISTRATIVE EXPENDITURES					
Conversion Consultant	7,778	0	0	To Be Removed	
Legal and Professional	18,119	10,000	12,000	$2000 Increase From 2023/2024 Budget	
Management Fees	72,000	72,000	74,160	CPI Adjustment (Capped At 3%)	
Audit Fees	23,390	11,000	12,000	Approved Amount For 2023/2024 Audit	
Engineering	89,122	24,000	50,500	$26,500 Increase From 2023/2024 Budget	
Website Management	3,000	3,000	3,000	No Change From 2023/2024 Budget	
Office Supplies	2,005	1,000	1,000	No Change From 2023/2024 Budget	
Miscellaneous	2,588	0	250	$250 Increase From 2023/2024 Budget	
Postage	732	150	250	$100 Increase From 2023/2024 Budget	
Insurance - Admin	16,123	13,500	18,500	Increase Forecast by Agent	
Transportation - Admin	0	1,100	500	$500 Decrease From 2023/2024 Budget	
Licenses/Permits	175	0	0	To Be Removed	
Memberships	1,500	2,790	2,790	No Change From 2023/2024 Budget	
Legal Advertising	1,462	900	900	No Change From 2023/2024 Budget	
Maintenance Buildings & Grounds	4,810	2,300	2,300	Security Alarm/Pest Control/Landscape Maint	
Utilities	4,230	4,000	4,000	FPL/Water	
Telephone	5,068	4,500	4,500	Phones/Internet/Firewall/Mobile	
Payroll Processing Fee	1,733	0	0	To Be Removed	
Property Taxes	862	850	850	No Change From 2023/2024 Budget	
Property Appraiser Fees	1,800	0	0	Moved to Annual Assessment Roll	
Annual Assesment Roll	500	500	500	Moved from Property Appraiser Fee	
Reserve	0	500	100,000	$100,000 Increase From 2023/2024 Budget	
TOTAL ADMINISTRATIVE EXPENDITURES	256,997	152,090	288,000		
					
TOTAL MAINTENANCE EXPENDITURES	288,100	347,660	440,210		
					
TOTAL EXPENDITURES	$	545,097	$	499,750	728,210		
					
BALANCE	$	114,338	$	31,899	42,783		
					
Tax Collector Fee	$	(1,500)	$	(10,597)	(14,261)	Two Percent Of Total Assessment Roll	
Discounts For Early Payments	$	(21,930)	$	(21,194)	(28,522)	Four Percent Of Total Assessment Roll	
					
EXCESS/ (SHORTFALL)	$	90,908	$	108	0		
					
Carryover From Prior Year	0	0	0	Carryover Balance From Prior Years	
					
NET EXCESS/ (SHORTFALL)	$	90,908	$	108	0		

DETAILED FINAL MAINTENANCE BUDGET
FELLSMERE WATER CONTROL DISTRICT FISCAL YEAR 2024/2025
OCTOBER 1, 2024 - SEPTEMBER 30, 2025

	FISCAL YEAR 2022/2023 ACTUAL	FISCAL YEAR 2023/2024 BUDGET	FISCAL YEAR 2024/2025 BUDGET	

COMMENTS	
MAINTENANCE EXPENDITURES					
Contract Services					
Aerial Spraying	0	45,000	20,000	Single Treatment Estimate (FY23 - $13,781)	
Contract/Mechanical - Lease	116,480	60,000	70,150	Per Lease	
Canal/Ditch Spraying	49,921	94,000	45,000	Reduced to single service	
Canal/Ditch Mowing	2,776	37,600	20,000	Reduced to single service	
Sublateral Maintenance	0	0	163,000	New Contracted Services in FY24/25	
Water Testing	0	2,200	2,200	No Change From 2023/2024 Budget	
Contract Services Subtotal	169,177	238,800	320,350		
					
Ditch Maintenance					
Equipment R & M	20,600	1,000	1,000	No Change From 2023/2024 Budget	
Supplies/Services	25	2,500	2,500	No Change From 2023/2024 Budget	
Gas & Oil - Maint.	0	4,500	4,500	No Change From 2023/2024 Budget	
Insurance - Maint.	1,387	0	0	To Be Removed	
Transportation - Maint.	3,931	3,700	3,700	No Change From 2023/2024 Budget	
Contingency	0	4,000	3,800	Moved from Administration	
Ditch Maintenance Subtotal	25,943	15,700	15,500		
					
Ditch Maintenance-Personnel					
Labor/Equipment Operations	55,761	56,860	58,560	CPI Adjustment (Capped At 3%)	
Payroll Taxes - Maint.	4,266	5,000	5,000	No Change From 2023/2024 Budget	
State Retirement - Maint.	12,527	9,200	17,000	Forecast FRS FY2024/2025	
Workers Comp - Maint.	0	2,300	4,000	No Change From 2023/2024 Budget	
Group Med/Life Insurance - Maint.	20,426	19,800	19,800	No Change From 2023/2024 Budget	
Ditch Maintenance-Personnel Subtotal	92,980	93,160	104,360		
					
TOTAL MAINTENANCE EXPENDITURES	288,100	347,660	440,210		

Fellsmere Water Control District Assessment Comparison

Fiscal Year 2022/2023
	Assessment*	

Fiscal Year 2023/2024
	Assessment*	

Fiscal Year 2024/2025
	Projected Assessment*	

	Area	Assessment	Acres	Total			Assessment	Acres	Total		 Assessment	Acres	Total	

West	$	12.50	10,857.25	$  135,715.63	$	6.00	10,857.25	$	65,124.14	$	10.73	10,857.25	$  116,499.46	
East	$	29.00	16,025.75	$  464,746.75	$	29.00	16,025.75	$	464,724.79	$	37.22	16,025.75	$  596,555.12	
East - Direct Bill	$	-	0.00	$	-	$	-	0.00	$	-	$	35.09	1,600.00	$	56,138.70	
Total		$	600,462.38		$	529,848.94	28,483	$	769,193.27	

Zone	Acres	Percent	Admin	Maint	Other Revenue*	Total	Per Acre	Assmnt		
West	10,857.25		38% $  109,780.85		$	271.36	$ 116,499.46	$	10.73		
East	16,025.75		56% $  162,041.08	$ 400,249.37	$	1,389.88	$ 596,555.12	$	37.22		
East - Direct Bill	1,600.00		6% $	16,178.07	$  39,960.63	$	138.76	$  56,138.70	$	35.09		
Total	28,483.00	$	288,000.00	$ 440,210.00	$	1,800.00	$ 769,193.27	
							 $ 770,993.27  (add other revenue back in)	

*Other Revenue Allocation based on total obligation
West:	15%
East:	77%
* Assessments Include the Following :		East - DB:	8%
4% Discount for Early Payments 1% County Tax Collector Fee
1% County Property Appraiser Fee

 Community Information:		 West Acres	10,857.25
East Acres	16,025.75
 East Acres - Direct Bill	1,600.00	
Total	28,483.00

Budget Narrative for Fellsmere Water Control District Fiscal Year 2024‐2025 Introduction
The Fellsmere Water Control District (FWCD) is pleased to present its budget for the fiscal year 2024‐ 2025. This budget reflects the District's commitment to efficient water management, infrastructure maintenance, and financial stewardship, ensuring the sustainability of our stormwater management for the community.
Revenue Overview
The total projected revenue for FY 2024‐2025 is $770,993, which includes:
Tax Revenue:** $713,054, reflecting an increase from the previous fiscal year due to adjustments based on expenditures and carryover balances.
Direct Bill:** $56,139, allocated for specific maintenance and operational costs for the East Acres area.
Interest Income:** $1,800, consistent with the projected interest income of the previous year.
Expenditure Overview
The total expenditures for FY 2024‐2025 are projected at $728,210, categorized into administrative and maintenance expenses.
Administrative Expenditures
Totaling $288,000, administrative expenses include:
Legal and Professional Fees:** $12,000, increased to cover additional legal consultations.
Management Fees:** $74,160, adjusted for CPI.
Audit Fees:** $12,000, approved for the annual audit.
Engineering:** $50,500, significantly increased to cover new projects and ongoing engineering support.
Insurance:** $18,500, forecasted increase based on agent's recommendations.
Reserve:** $100,000, a substantial increase to build financial resilience and cover unexpected costs.
Maintenance Expenditures
Totaling $440,210, maintenance expenses include:
Contract Services:** $320,350, covering essential activities such as aerial spraying, canal/ditch spraying, mowing, and new sublateral maintenance contracts.
Ditch Maintenance‐Personnel:** $104,360, including labor, payroll taxes, state retirement, workers' compensation, and group insurance, reflecting adjustments to ensure competitive compensation and benefits.
Ditch Maintenance‐Equipment and Supplies:** $15,500, maintaining consistent support for equipment repair, supplies, and transportation.

Summary and Financial Health
The budget projects a balanced financial position with a net zero excess/shortfall after accounting for early payment discounts and tax collector fees. This prudent financial planning ensures that FWCD can effectively manage its operations and maintenance activities without incurring deficits.
The proposed budget demonstrates FWCD's dedication to maintaining robust water control infrastructure and administrative efficiency. By strategically allocating resources, the District aims to continue providing reliable and sustainable water management services to the community of Fellsmere.