Title: CK Final Budget 2022-2023.xlsx
Author: jwalker

Captain's Key Dependent District

Final Budget For Fiscal Year 2022/2023
October 1, 2022 - September 30, 2023

CONTENTS

FINAL BUDGET

DETAILED FINAL BUDGET

ASSESSMENT COMPARISON

FINAL BUDGET
CAPTAIN'S KEY DEPENDENT DISTRICT FISCAL YEAR 2022/2023
OCTOBER 1, 2022 - SEPTEMBER 30, 2023

REVENUES | FISCAL YEAR 2022/2023 BUDGET
O & M ASSESSMENTS | 87,000
OTHER REVENUES | 0
INTEREST INCOME | 240
TOTAL REVENUES | $	87,240
EXPENDITURES |
ENGINEERING | 1,000
MANAGEMENT | 17,940
SECRETARIAL | 4,200
LEGAL | 2,000
ASSESSMENT ROLL | 2,500
AUDIT FEES | 3,800
TELEPHONE/CABLE | 5,300
POWER | 600
IRRIGATION MAINTENANCE | 1,250
LANDSCAPE MAINTENANCE | 12,500
MAJOR TRIMMING & NEW PLANTING | 4,000
GATE MAINTENANCE | 9,000
WATER SERVICE | 4,250
SECURITY CAMERA | 500
INSURANCE | 6,400
LEGAL ADVERTISING | 700
MISCELLANEOUS | 350
POSTAGE | 125
OFFICE SUPPLIES | 425
DUES & SUBSCRIPTIONS | 175
HOA REPAYMENT | 1,889
WEBSITE MANAGEMENT | 1,500
GATE ACCESS CARDS | 1,000
RESERVES | 616
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) | $	-

6/2/2022 11:39 AM	^I

DETAILED FINAL BUDGET
CAPTAIN'S KEY DEPENDENT DISTRICT FISCAL YEAR 2022/2023
OCTOBER 1, 2022 - SEPTEMBER 30, 2023

REVENUES

FISCAL YEAR 2020/2021 ACTUAL

FISCAL YEAR 2021/2022
BUDGET

FISCAL YEAR 2022/2023
BUDGET

COMMENTS

O & M ASSESSMENTS | 87,005 | 87,000 | 87,000 | Expenditures Less Interest/.94
OTHER REVENUES | 1,104 | 0 | 0 |
INTEREST INCOME | 456 | 240 | 240 | Interest Estimated At $20 Per Month
TOTAL REVENUES | $	88,565 | $	87,240 | $	87,240 |
EXPENDITURES | | | |
ENGINEERING | 0 | 1,000 | 1,000 | No Change From 2021/2022 Budget
MANAGEMENT | 17,184 | 17,424 | 17,940 | CPI Adjustment (Capped At 3%)
SECRETARIAL | 4,200 | 4,200 | 4,200 | No Change From 2021/2022 Budget
LEGAL | 1,100 | 2,000 | 2,000 | No Change From 2021/2022 Budget
ASSESSMENT ROLL | 2,500 | 2,500 | 2,500 | As Per Contract
AUDIT FEES | 3,600 | 3,700 | 3,800 | Accepted Amount For 2021/2022 Audit
TELEPHONE/CABLE | 5,319 | 3,300 | 5,300 | $2,000 Increase From 2021/2022 Budget
POWER | 427 | 700 | 600 | $100 Decrease From 2021/2022 Budget
IRRIGATION MAINTENANCE | 1,234 | 1,300 | 1,250 | $50 Decrease From 2021/2022 Budget
LANDSCAPE MAINTENANCE | 17,349 | 12,500 | 12,500 | No Change From 2021/2022 Budget
MAJOR TRIMMING & NEW PLANTING | 0 | 4,000 | 4,000 | Major Trimming & New Planting
GATE MAINTENANCE | 36,950 | 9,000 | 9,000 | No Change From 2021/2022 Budget
WATER SERVICE | 4,155 | 4,500 | 4,250 | $250 Decrease From 2021/2022 Budget
SECURITY CAMERA | 0 | 1,000 | 500 | $500 Decrease From 2021/2022 Budget
INSURANCE | 5,859 | 6,200 | 6,400 | 2021/2022 Expenditure Was $6,121
LEGAL ADVERTISING | 687 | 750 | 700 | $50 Decrease From 2021/2022 Budget
MISCELLANEOUS | 0 | 600 | 350 | $250 Decrease From 2021/2022 Budget
POSTAGE | 36 | 150 | 125 | $25 Decrease From 2021/2022 Budget
OFFICE SUPPLIES | 350 | 450 | 425 | $25 Decrease From 2021/2022 Budget
DUES & SUBSCRIPTIONS | 175 | 175 | 175 | No Change From 2021/2022 Budget
HOA REPAYMENT | 2,500 | 2,500 | 1,889 | Final Payment Due HOA
WEBSITE MANAGEMENT | 1,500 | 1,500 | 1,500 | No Change From 2021/2022 Budget
GATE ACCESS CARDS | 2,757 | 1,000 | 1,000 | No Change From 2021/2022 Budget
RESERVES | 0 | 1,571 | 616 | Reserves
TOTAL EXPENDITURES | $	107,882 | $	82,020 | $	82,020 |
EXCESS OR (SHORTFALL) | $	(19,317) | $	5,220 | $	5,220 |
COUNTY APPRAISER & TAX COLLECTOR FEE | (759) | (1,740) | (1,740) | Two Percent Of Total Assessment Roll
DISCOUNTS FOR EARLY PAYMENTS | (2,610) | (3,480) | (3,480) | Four Percent Of Total Assessment Roll
NET EXCESS/ (SHORTFALL) | (22,686) | $	- | $	- |

6/2/2022 11:39 AM	^II

Captain's Key Dependent District Assessment Comparison

Fiscal Year | Fiscal Year | Fiscal Year | Fiscal Year
2019/2020 | 2020/2021 | 2021/2022 | 2022/2023
Assessment | Assessment | Assessment | Projected Assessment
Before Discount* | Before Discount* | Before Discount* | Before Discount*

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

6/2/2022 11:39 AM	^III