Captain's Key Dependent District

Final Budget For Fiscal Year 2021/2022
October 1, 2021 - September 30, 2022

CONTENTS

FINAL BUDGET

DETAILED FINAL BUDGET

ASSESSMENT COMPARISON

FINAL BUDGET
CAPTAIN'S KEY DEPENDENT DISTRICT FISCAL YEAR 2021/2022
OCTOBER 1, 2021 - SEPTEMBER 30, 2022

REVENUES	
FISCAL YEAR 2021/2022 BUDGET	
O & M ASSESSMENTS	87,000	
OTHER REVENUES	0	
INTEREST INCOME	240	
		
TOTAL REVENUES	$	87,240	
		
EXPENDITURES		
ENGINEERING	1,000	
MANAGEMENT	17,424	
SECRETARIAL	4,200	
LEGAL	2,000	
ASSESSMENT ROLL	2,500	
AUDIT FEES	3,700	
TELEPHONE/CABLE	3,300	
POWER	700	
IRRIGATION MAINTENANCE	1,300	
LANDSCAPE MAINTENANCE	12,500	
MAJOR TRIMMING & NEW PLANTING	4,000	
GATE MAINTENANCE	9,000	
WATER SERVICE	4,500	
SECURITY CAMERA	1,000	
INSURANCE	6,200	
LEGAL ADVERTISING	750	
MISCELLANEOUS	600	
POSTAGE	150	
OFFICE SUPPLIES	450	
DUES & SUBSCRIPTIONS	175	
HOA REPAYMENT	2,500	
WEBSITE MANAGEMENT	1,500	
GATE ACCESS CARDS	1,000	
SIDEWALKS	0	
GATE REPLACEMENT	0	
RESERVES	1,571	
		
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)	$	-	

5/31/2021 8:16 AM	I

DETAILED FINAL BUDGET
CAPTAIN'S KEY DEPENDENT DISTRICT FISCAL YEAR 2021/2022
OCTOBER 1, 2021 - SEPTEMBER 30, 2022

REVENUES	
FISCAL YEAR 2019/2020 ACTUAL	
FISCAL YEAR 2020/2021
BUDGET	
FISCAL YEAR 2021/2022
BUDGET	

COMMENTS	
O & M ASSESSMENTS	98,082	87,000	87,000	Expenditures Less Interest/.94	
OTHER REVENUES	815	0	0		
INTEREST INCOME	536	240	240	Interest Estimated At $20 Per Month	
					
TOTAL REVENUES	$	99,433	$	87,240	$	87,240		
					
EXPENDITURES					
ENGINEERING	0	1,000	1,000	No Change From 2020/2021 Budget	
MANAGEMENT	16,800	17,184	17,424	CPI Adjustment	
SECRETARIAL	4,200	4,200	4,200	No Change From 2020/2021 Budget	
LEGAL	251	2,000	2,000	No Change From 2020/2021 Budget	
ASSESSMENT ROLL	2,500	2,500	2,500	As Per Contract	
AUDIT FEES	3,500	3,600	3,700	Accepted Amount For 2020/2021 Audit	
TELEPHONE/CABLE	3,135	2,800	3,300	$500 Increase From 2020/2021 Budget	
POWER	458	700	700	No Change From 2020/2021 Budget	
IRRIGATION MAINTENANCE	1,218	1,300	1,300	No Change From 2020/2021 Budget	
LANDSCAPE MAINTENANCE	9,751	13,000	12,500	$500 Decrease From 2020/2021 Budget	
MAJOR TRIMMING & NEW PLANTING	0	0	4,000	Major Trimming & New Planting	
GATE MAINTENANCE	6,938	9,000	9,000	No Change From 2020/2021 Budget	
WATER SERVICE	4,334	4,500	4,500	No Change From 2020/2021 Budget	
SECURITY CAMERA	0	1,000	1,000	No Change From 2020/2021 Budget	
INSURANCE	5,616	6,000	6,200	2020/2021 Expenditure Was $5,859	
LEGAL ADVERTISING	877	550	750	$200 Increase From 2020/2021 Budget	
MISCELLANEOUS	25	750	600	$150 Decrease From 2020/2021 Budget	
POSTAGE	57	150	150	No Change From 2020/2021 Budget	
OFFICE SUPPLIES	174	500	450	$50 Decrease From 2020/2021 Budget	
DUES & SUBSCRIPTIONS	175	175	175	No Change From 2020/2021 Budget	
HOA REPAYMENT	2,500	2,500	2,500	No Change From 2020/2021 Budget	
WEBSITE MANAGEMENT	1,500	1,500	1,500	No Change From 2020/2021 Budget	
GATE ACCESS CARDS	1,343	1,000	1,000	No Change From 2020/2021 Budget	
SIDEWALKS	5,863	0	0	Fiscal Year 2019/2020 Expenditure	
GATE REPLACEMENT	9,679	0	0	Fiscal Year 2019/2020 Expenditure	
RESERVES	149	6,111	1,571	Reserves	
					
TOTAL EXPENDITURES	$	81,043	$	82,020	$	82,020		
					
EXCESS OR (SHORTFALL)	$	18,390	$	5,220	$	5,220		
					
COUNTY APPRAISER & TAX COLLECTOR FEE	(696)	(1,740)	(1,740)	Two Percent Of Total Assessment Roll	
DISCOUNTS FOR EARLY PAYMENTS	(3,209)	(3,480)	(3,480)	Four Percent Of Total Assessment Roll	
					
NET EXCESS/ (SHORTFALL)	14,485	$	-	$	-		

5/31/2021 8:16 AM	II

Captain's Key Dependent District Assessment Comparison

Fiscal Year	Fiscal Year	Fiscal Year	Fiscal Year	
2018/2019	2019/2020	2020/2021	2021/2022	
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	$	3,000.00	$	3,000.00	
Loan Debt For Non-Waterfront Lots	$	-		$	-		$	-		$	-		
Total	$	3,378.00	$	3,378.00	$	3,000.00	$	3,000.00	

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

5/31/2021 8:16 AM	III