Captain's Key Dependent District

Proposed Budget For Fiscal Year 2026/2027
October 1, 2026 - September 30, 2027

CONTENTS

I

PROPOSED BUDGET

II

DETAILED PROPOSED BUDGET

III

ASSESSMENT COMPARISON

PROPOSED BUDGET
CAPTAIN'S KEY DEPENDENT DISTRICT FISCAL YEAR 2026/2027
OCTOBER 1, 2026 - SEPTEMBER 30, 2027

I

REVENUES

FISCAL YEAR 2026/2027 BUDGET

O & M ASSESSMENTS

130,500

OTHER REVENUES

0

INTEREST INCOME

1,440

TOTAL REVENUES

$	131,940

EXPENDITURES

ENGINEERING

1,000

MANAGEMENT

20,088

SECRETARIAL

4,200

LEGAL

2,000

ASSESSMENT ROLL

2,500

AUDIT FEES

3,800

TELEPHONE/CABLE/VOIP

8,800

POWER

800

IRRIGATION MAINTENANCE

1,800

LANDSCAPE MAINTENANCE

17,500

MAJOR TRIMMING & NEW PLANTING

2,000

GATE MAINTENANCE

16,000

WATER SERVICE

6,850

SECURITY CAMERA

500

INSURANCE

7,500

LEGAL ADVERTISING

750

MISCELLANEOUS

175

POSTAGE

100

OFFICE SUPPLIES

400

DUES & SUBSCRIPTIONS

175

WEBSITE MANAGEMENT

1,500

GATE ACCESS CARDS

1,000

CAPITAL ITEMS (ROADS, DRAINS, CAMERAS)

0

RESERVES

24,672

TOTAL EXPENDITURES

$	124,110

EXCESS OR (SHORTFALL)

$	7,830

COUNTY APPRAISER & TAX COLLECTOR FEE

(2,610)

DISCOUNTS FOR EARLY PAYMENTS

(5,220)

EXCESS/ (SHORTFALL)

$	-

CARRYOVER FROM PRIOR YEAR

0

NET EXCESS/ (SHORTFALL)

$	-

DETAILED PROPOSED BUDGET
CAPTAIN'S KEY DEPENDENT DISTRICT FISCAL YEAR 2026/2027
OCTOBER 1, 2026 - SEPTEMBER 30, 2027

II

REVENUES

FISCAL YEAR 2024/2025
ACTUAL

FISCAL YEAR 2025/2026
BUDGET

FISCAL YEAR 2026/2027
BUDGET

COMMENTS

O & M ASSESSMENTS

101,755

130,500

130,500

Expenditures Less Interest & Carryover/.94

OTHER REVENUES

80

0

0

INTEREST INCOME

8,338

1,440

1,440

Interest Estimated At $120 Per Month

TOTAL REVENUES

$	110,173

$	131,940

$	131,940

EXPENDITURES

ENGINEERING

3,380

1,000

1,000

No Change From 2025/2026 Budget

MANAGEMENT

19,020

19,560

20,088

CPI Adjustment

SECRETARIAL

4,200

4,200

4,200

No Change From 2025/2026 Budget

LEGAL

0

2,000

2,000

No Change From 2025/2026 Budget

ASSESSMENT ROLL

2,500

2,500

2,500

As Per Contract

AUDIT FEES

3,600

3,700

3,800

Accepted Amount For 2025/2026 Audit

TELEPHONE/CABLE/VOIP

8,150

6,800

8,800

$2,000 Increase From 2025/2026 Budget

POWER

764

800

800

No Change From 2025/2026 Budget

IRRIGATION MAINTENANCE

1,376

1,300

1,800

$500 Increase From 2025/2026 Budget

LANDSCAPE MAINTENANCE

16,200

16,000

17,500

$1,500 Increase From 2025/2026 Budget

MAJOR TRIMMING & NEW PLANTING

1,360

2,000

2,000

No Change From 2025/2026 Budget

GATE MAINTENANCE

21,376

11,000

16,000

$5,000 Increase From 2025/2026 Budget

WATER SERVICE

4,439

6,850

6,850

No Change From 2025/2026 Budget

SECURITY CAMERA

0

500

500

No Change From 2025/2026 Budget

INSURANCE

6,608

7,100

7,500

FY 2025/2026 Expenditure Was $6,881

LEGAL ADVERTISING

764

750

750

No Change From 2025/2026 Budget

MISCELLANEOUS

0

200

175

$25 Decrease From 2025/2026 Budget

POSTAGE

60

100

100

No Change From 2025/2026 Budget

OFFICE SUPPLIES

496

400

400

No Change From 2025/2026 Budget

DUES & SUBSCRIPTIONS

175

175

175

No Change From 2025/2026 Budget

WEBSITE MANAGEMENT

1,500

1,500

1,500

No Change From 2025/2026 Budget

GATE ACCESS CARDS

985

1,000

1,000

No Change From 2025/2026 Budget

CAPITAL ITEMS (ROADS, DRAINS, CAMERAS)

0

153,650

0

FY 2025/2026 Expenditure

RESERVES

4,250

2,025

24,672

Reserves

TOTAL EXPENDITURES

$	101,203

$	245,110

$	124,110

EXCESS OR (SHORTFALL)

$	8,970

$	(113,170)

$	7,830

COUNTY APPRAISER & TAX COLLECTOR FEE

0

(2,610)

(2,610)

Two Percent Of Total Assessment Roll

DISCOUNTS FOR EARLY PAYMENTS

0

(5,220)

(5,220)

Four Percent Of Total Assessment Roll

EXCESS/ (SHORTFALL)

8,970

$	(121,000)

$	-

CARRYOVER FROM PRIOR YEAR

0

121,000

0

Carryover From Prior Year (Reserve Fund)

NET EXCESS/ (SHORTFALL)

$	8,970

$	-

$	-

Captain's Key Dependent District Assessment Comparison

Fiscal Year 2023/2024
Assessment
 Before Discount* 

Fiscal Year 2024/2025
Assessment
 Before Discount* 

Fiscal Year 2025/2026
Assessment
 Before Discount* 

Fiscal Year 2026/2027
Projected Assessment
	Before Discount*	

O & M For Non-Waterfront Lots
 Loan Debt For Non-Waterfront Lots

$

3,500.00

$

3,500.00

$

4,500.00

$

4,500.00

$	-	

 $	-	

 $	-	

$	-	

Total

$

3,500.00

$

3,500.00

$

4,500.00

$

4,500.00

O & M For Waterfront Lots
 Loan Debt For Waterfront Lots

$

3,500.00

$

3,500.00

$

4,500.00

$

4,500.00

$	-	

 $	-	

 $	-	

$	-	

Total

$

3,500.00

$

3,500.00

$

4,500.00

$

4,500.00

* Assessments Include the Following :

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

1% County Property Appraiser Fee

 Community Information:	

Non-Waterfront Units Waterfront Units Lots
Total Units

5
24
29

III