Key Marco Community Development District 2017-2018 Proposed Budget

2015 Adopted	2016 Adopted
Budget	2015 Actual	Budget	

2016 Actual	

2017 Adopted	2017 End of
Budget	2017 6-Month	Year Projection	

Variance on 2017 Projection	Variance on 2017 Budget &
Projected 2018
Budget	2018 Proposed Budget	
Revenue											
Non Ad Valorem Assessments	643,200	623,453	643,200	623,464	603,000	458,280	603,000	(40,200)	(13,400)	629,800	
Interest Income	1,000	795	1,000	3,244	2,150	2,406	3,250	2,250	3,000	4,000	
Disposition of Fixed Assets	0	0	0	0	0	25	0	0	0	0	
Miscellaneous Revenues	900	5,536	900	5,129	200	77	100	(800)	(800)	100	
Revenue Carry Forward	100,000	0	0	0	19,000	0	0	0	347,245	347,245	
Revenue Reserve	0	0	0	0	(25,000)	0	0	0	(25,000)	(25,000)	
Total Revenues	745,100	629,784	645,100	631,838	599,350	460,788	606,350	(38,750)	311,045	956,145	

Professional & Administrative											
Board of Supervisor Fees	4,000	4,000	4,000	5,015	4,000	3,000	4,000	0	0	4,000	
Payroll Tax Expense	500	308	500	31	500	0	0	(500)	0	MO	
Management Fees	52,000	52,347	52,000	54,080	54,000	23,800	30,000	(22,000)	28,000	80,000	
Transcription Service	1,000	795	1,000	1,180	1,000	950	1,100	100	0	1,000	
Audit Fees	20,000	19,250	5,000	4,850	5,000	275	5,000	0	0	5,000	
Accounting Fees	15,000	15,000	15,000	15,000	15,000	6,850	10,600	0	(7,800)	7,200	
Special M....A.-went Roll Prep	1,000	1,000	1,000	1,000	1,000	1,000	1,000	0	0	1,000	
Property Appraiser Fees	14,000	9,750	14,000	9,648	10,000	9,648	9,648	(4,352)	(4,955)	9,045	
Tax Collector Fees	15,000	12,469	15,000	12,469	13,000	9,165	13,000	(2,000)	(2,000)	13,000	
Legal Fees	15,000	13,681	10,000	18,420	10,000	17,980	25,000	15,000	15,000	25,000	
Engineering Fees	2,000	7,219	2,000	0	2,000	0	0	(2,000)	0	2,000	
Postage & Courier	2,000	496	1,000	289	400	307	400	(600)	(600)	400	
Computer Services	600	600	600	811	600	742	800	200	0	600	
Rentals & Leases	1,500	2,072	1,500	1,319	1,500	475	1,200	(300)	0	1,500	
Printing & Binding	0	0	0	627	0	0	0	0	0	0	
Insurance - General	29,000	29,766	31,000	33,272	31,000	26,780	27,000	(4,000)	0	31,000	
Legal Advertising	2,000	2,611	2,000	2,584	2,000	2,595	3,000	1,000	0	2,000	
Of	Supplies	500	1,041	500	519	400	466	600	100	(100)	400	
Subscriptions & Dues	200	175	200	200	200	200	200	0	0	200	
Bank Charges	1,000	651	750	625	0	267	750	0	(750)	0	
Miscellaneous Expense	1,000	1,287	1,000	174	500	0	200	(800)	(500)	500	
Total Expenditures	177,300	174,516	158,050	182,115	152,100	104,500	133,498	(20,152)	26,295	184,345	
Field Management Services											
Contractual Services	25,000	40,320	25,000	25,515	2,500	12,000	0	(25,000)	(25,000)	0	
Rental & Leases	1,100	0	1,100	79	500	1,249	1,250	150	(600)	500	
Total Expenditures	26,100	40,320	26,100	25,594	3,000	13,249	1,250	(24,850)	0	500	

Landscaping											
Contractual Services	109,000	109,037	109,000	131,903	134,000	67,000	134,000	25,000	25,000	134,000	
Flower Program	5,000	2,220	5,000	0	5,000	2,500	5,000	0	0	5,000	
Mulch Program	10,000	11,560	15,000	11,032	15,000	0	15,000	0	0	15,000	
Plant Replacement Program	20,000	11,327	20,000	8,667	20,000	10,000	20,000	0	0	20,000	
Irrigation Supplies	0	0	0	945	0	1,200	0	0	0	3,000	
Tree Trimming	20,000	18,965	25,000	47,320	25,000	0	20,000	(5,000)	0	25,000	
Land Lease	0	0	0	28,083	0	15,500	30,100	0	0	31,000	
Exotic Maintenance	1,000	1,008	1,000	599	1,000	500	750	(250)	12,000	13,000	
Total Expenditures	185,000	154,117	175,000	228,548	200,000	96,700	224,850	19,750	37,000	246,000	

	Variance on		
	2017 Budget &		
	Projected 2018		
	2015 Adopted		2016 Adopted		2017 Adopted		2017 End of	Variance on 2017	Budget	2018 Proposed	
	Budget	2015 Actual	Budget	2018 Actual	Budget	2017 8-Month	Year Projection	Projection		Budget	
Lighting											
Electric Services	13,500	16,668	13,500	15,252	13,500	8,905	15,000	1,500	1,500	15,000	
Repairs & Maint - General	5,000	6,535	5,000	3,677	5,000	1,727	2,000	(3,000)	9,000	14,000	
Holiday Lighting	3,000	1,495	3,000	4,485	3,000	1,350	1,350	(1,650)	0	3,000	
Total Expenditures	21,500	24,898	21,500	23,414	21,500	11,982	18,350	(3,150)	10,500	32,000	

Access Control Contractual Services	

78,000	

87,500	

82,000	

77,624	

84,000	

42,100	

84,000	

2,000	

2,000	

84,000	
Utility Services	10,000	7,294	10,000	4,414	10,000	2,916	7,000	(3,000)	0	10,000	
Repairs & Maintenance Gates	5,000	5,871	5,000	4,456	5,000	800	1,600	(3,400)	0	5,000	
Repairs & Maintenance Gatehouse	2,000	1,719	2,000	20,438	2,000	4,980	5,000	3,000	6,000	8,000	
Operating Supplies	0	0	0	0	0	581	0	0	0	1,200	
Total Expenditures	95,000	102,384	99,000	108,931	101,000	51,377	97,800	0	8,000	108,200	

Roadway
Repairs & Maintenance	

10,000	

6,935	

10,000	

432	

10,000	

1,865	

1,500	

(8,500)	

0	

10,000	
Total Expenditures	10,000	8,935	10,000	432	10,000	1,885	1,500	(8,500)	0	10,000	

Irrigation
Repairs & Maintenance	

10,000	

19,711	

15,000	

14,841	

15,000	

1,560	

5,000	

(10,000)	

0	

15,000	
Contractual Services	6,100	4,649	6,100	1,934	6,100	6,457	7,000	900	0	6,100	
Utility Services/Effluent Water	30,000	13,724	30,000	14,959	15,000	8,664	17,000	(13,000)	(15,000)	15,000	
Electric Services	5,000	4,949	5,000	5,470	5,000	2,500	6,000	1,000	0	5,000	
Lease	0	0	0	0	31,000	0	0	0	31,000	31,000	
Total Expenditures	51,100	43,033	56,100	37,204	72,100	19,181	35,000	(21,100)	18,000	72,100	

Signage	
0	
0	
0	
8,730	
0	
0	
0	
0	
0	
0	
LED Lighting	0	0	0	7,474	0	0	0	0	0	0	
Total Expenditures	0	0	0	16,204	0	0	0	0	0	0	

Capital Outlay Bridge Repair	

100,000	

0	

0	

0	

0	

0	

0	

0	

15,000	

15,000	
Street Light Project	0	0	0	0	0	10,260	10,260	10,260	37,000	37,000	
Guardgate Roof	0	0	0	0	0	0	0	0	0	21,000	
Road Repairs	0	0	0	0	0	0	0	0	0	230,000	
Total Expenditures	100,000	0	0	0	0	10,280	10,260	10,260	52,000	303,000	

Other Fees & Charges Contingency Reserve	

69,100	

0	

69,350	

0	

39,650	

0	

0	

(69,350)	

(59,350)	

10,000	
Total Expenditures	69,100	0	89,350	0	39,650	0	0	(69,350)	(59,350)		
											
Total All Expenditures	715,100	548,003	815,100	600,442	599,350	309,114	522,308	(117,092)	90,445	958,145	
											
Excess Revenues (Expenditures)	30,000	83,781	30,000	31,395	0	151,874	84,042	78,342	220,600	0	

ERUs	

134	
									Assessment	4,700.00