Title: CK Final Budget 2020-2021.xlsx
Author: JWalker

Captain's Key Dependent District

Final Budget For Fiscal Year 2020/2021
October 1, 2020 - September 30, 2021

CONTENTS

FINAL BUDGET

DETAILED FINAL BUDGET

ASSESSMENT COMPARISON

FINAL BUDGET
CAPTAIN'S KEY DEPENDENT DISTRICT FISCAL YEAR 2020/2021
OCTOBER 1, 2020 - SEPTEMBER 30, 2021

REVENUES | FISCAL YEAR 2020/2021 BUDGET
O & M ASSESSMENTS | 87,000
OTHER REVENUES | 0
INTEREST INCOME | 240
TOTAL REVENUES | $	87,240
EXPENDITURES |
ENGINEERING | 1,000
MANAGEMENT | 17,184
SECRETARIAL | 4,200
LEGAL | 2,000
ASSESSMENT ROLL | 2,500
AUDIT FEES | 3,600
TELEPHONE/CABLE | 2,800
POWER | 700
IRRIGATION MAINTENANCE | 1,300
LANDSCAPE MAINTENANCE | 13,000
GATE MAINTENANCE | 9,000
WATER SERVICE | 4,500
SECURITY CAMERA | 1,000
INSURANCE | 6,000
LEGAL ADVERTISING | 550
MISCELLANEOUS | 750
POSTAGE | 150
OFFICE SUPPLIES | 500
DUES & SUBSCRIPTIONS | 175
HOA REPAYMENT | 2,500
WEBSITE MANAGEMENT | 1,500
GATE ACCESS CARDS | 1,000
RESERVES | 6,111
TOTAL EXPENDITURES | $	82,020
EXCESS OR (SHORTFALL) | $	5,220
COUNTY APPRAISER & TAX COLLECTOR FEE | (1,740)
DISCOUNTS FOR EARLY PAYMENTS | (3,480)
NET EXCESS/ (SHORTFALL) | $	-

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DETAILED FINAL BUDGET
CAPTAIN'S KEY DEPENDENT DISTRICT FISCAL YEAR 2020/2021
OCTOBER 1, 2020 - SEPTEMBER 30, 2021

REVENUES

FISCAL YEAR 2018/2019 ACTUAL

FISCAL YEAR 2019/2020
BUDGET

FISCAL YEAR 2020/2021
BUDGET

COMMENTS

O & M ASSESSMENTS | 97,979 | 97,961 | 87,000 | Expenditures Less Interest/.94
OTHER REVENUES | 5,133 | 0 | 0 |
INTEREST INCOME | 330 | 240 | 240 | Interest Estimated At $20 Per Month
TOTAL REVENUES | $	103,442 | $	98,201 | $	87,240 |
EXPENDITURES | | | |
ENGINEERING | 0 | 1,000 | 1,000 | No Change From 2019/2020 Budget
MANAGEMENT | 16,488 | 16,800 | 17,184 | CPI Adjustment
SECRETARIAL | 4,200 | 4,200 | 4,200 | No Change From 2019/2020 Budget
LEGAL | 525 | 2,000 | 2,000 | No Change From 2019/2020 Budget
ASSESSMENT ROLL | 2,500 | 2,500 | 2,500 | As Per Contract
AUDIT FEES | 3,600 | 3,700 | 3,600 | Accepted Amount For 2019/2020 Audit
TELEPHONE/CABLE | 2,726 | 2,600 | 2,800 | $200 Increase From 2019/2020 Budget
POWER | 514 | 700 | 700 | No Change From 2019/2020 Budget
IRRIGATION MAINTENANCE | 925 | 1,400 | 1,300 | $100 Decrease From 2019/2020 Budget
LANDSCAPE MAINTENANCE | 8,885 | 13,500 | 13,000 | $500 Decrease From 2019/2020 Budget
GATE MAINTENANCE | 9,134 | 7,000 | 9,000 | $2,000 Increase From 2019/2020 Budget
WATER SERVICE | 4,054 | 4,500 | 4,500 | No Change From 2019/2020 Budget
SECURITY CAMERA | 0 | 1,000 | 1,000 | No Change From 2019/2020 Budget
INSURANCE | 5,470 | 5,750 | 6,000 | 2019/2020 Expenditure Was $5,616
LEGAL ADVERTISING | 503 | 550 | 550 | No Change From 2019/2020 Budget
MISCELLANEOUS | 0 | 750 | 750 | No Change From 2019/2020 Budget
POSTAGE | 43 | 150 | 150 | No Change From 2019/2020 Budget
OFFICE SUPPLIES | 274 | 500 | 500 | No Change From 2019/2020 Budget
DUES & SUBSCRIPTIONS | 175 | 175 | 175 | No Change From 2019/2020 Budget
HOA REPAYMENT | 2,500 | 2,500 | 2,500 | No Change From 2019/2020 Budget
WEBSITE MANAGEMENT | 1,000 | 1,500 | 1,500 | No Change From 2019/2020 Budget
GATE ACCESS CARDS | 0 | 1,000 | 1,000 | No Change From 2019/2020 Budget
RESERVES | 3,254 | 18,549 | 6,111 | Reserves
TOTAL EXPENDITURES | $	66,770 | $	92,324 | $	82,020 |
EXCESS OR (SHORTFALL) | $	36,672 | $	5,877 | $	5,220 |
COUNTY APPRAISER & TAX COLLECTOR FEE | (1,310) | (1,959) | (1,740) | Two Percent Of Total Assessment Roll
DISCOUNTS FOR EARLY PAYMENTS | (2,973) | (3,918) | (3,480) | Four Percent Of Total Assessment Roll
NET EXCESS/ (SHORTFALL) | 32,389 | $	- | $	- |

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Captain's Key Dependent District Assessment Comparison

Fiscal Year | Fiscal Year | Fiscal Year | Fiscal Year
2017/2018 | 2018/2019 | 2019/2020 | 2020/2021
Assessment | Assessment | Assessment | Projected Assessment
Before Discount* | Before Discount* | Before Discount* | Before Discount*

O & M For Non-Waterfront Lots | $ | 3,378.00 | $ | 3,378.00 | $ | 3,378.00 | $ | 3,000.00
Loan Debt For Non-Waterfront Lots | $	- | $	- | $	- | $	-
Total | $	3,378.00 | $	3,378.00 | $	3,378.00 | $	3,000.00
O & M For Waterfront Lots | $	3,378.00 | $	3,378.00 | $	3,378.00 | $	3,000.00
Loan Debt For Waterfront Lots | $	- | $	- | $	- | $	-
Total | $	3,378.00 | $	3,378.00 | $	3,378.00 | $	3,000.00

* Assessments Include the Following :

4% Discount for Early Payments 1% County Tax Collector Fee
1% County Property Appraiser Fee

Community Information:		 Non-Waterfront Units	5
Waterfront Units Lots	24
Total Units	29

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