East Charlotte Drainage District

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

CONTENTS

PROPOSED BUDGET

DETAILED PROPOSED BUDGET

PROPOSED BUDGET
EAST CHARLOTTE DRAINAGE DISTRICT FISCAL YEAR 2021/2022
OCTOBER 1, 2021 - SEPTEMBER 30, 2022

REVENUES	
FISCAL YEAR 2021/2022 BUDGET	
Assessment - Maintenance	196,292	
Assessment - Capital Unit 1	0	
Assessment - Capital Unit 2	0	
Assessment - Shell Roads Maintenance	6,011	
Miscellaneous Income	0	
Interest Income	60	
Total Revenues	$	202,363	
		
EXPENDITURES		
Contractual Services	24,000	
Weed Control (Herbicides)	27,432	
Mechanical Cleaning (Canals)	12,950	
Road Maintenance	24,241	
Control Structures (Culverts)	17,689	
Engineering	7,500	
Water Analyses	240	
Discharge Pump, Section 16	500	
Miscellaneous Maintenance	2,500	
Management Fees	28,896	
Legal Fees	7,000	
Audit Fees	8,900	
Insurance	3,750	
Legal Advertising	750	
Miscellaneous	750	
Postage & Delivery	200	
Office Supplies	500	
Assessment/Tax Roll	250	
Website & ADA Compliance	0	
Meeting and Membership Dues	1,200	
Interest on Credit Line (LOC)	275	
Roads Paving Loan - Principal	0	
Roads Paving Loan - Interest	0	
Reserve	20,702	
		
Total Expenditures	$	190,225	
		
Revenues Less Expenditures	$	12,138	
		
County Appraiser & Tax Collector Fees	(4,046)	
Discounts For Early Payments	(8,092)	
		
Excess/ (Shortfall)	$	-	
		
Carryover From Prior Year	0	
		
Net Excess/ (Shortfall)	$	-	

4/12/2021 3:16 PM	I

DETAILED PROPOSED BUDGET
EAST CHARLOTTE DRAINAGE DISTRICT FISCAL YEAR 2021/2022
OCTOBER 1, 2021 - SEPTEMBER 30, 2022

REVENUES	
FISCAL YEAR 2019/2020 ACTUAL	FISCAL YEAR ACTUAL 2020/2021
AS OF 3/31/2021	
FISCAL YEAR 2020/2021 BUDGET	
FISCAL YEAR 2021/2022 BUDGET	

COMMENTS	
Assessment - Maintenance	188,210	141,297	154,130	196,292	Expenditures Less Interest/Discounts & Fees	
Assessment - Capital Unit 1	0	36,803	40,149	0	Capital Loan Has Been Paid Off	
Assessment - Capital Unit 2	0	14,499	14,846	0	Capital Loan Has Been Paid Off	
Assessment - Shell Roads Maintenance	0	5,288	6,011	6,011		
Miscellaneous Income	4,498	1,486	0	0		
Interest Income	86	24	0	60	Projected At $5.00 Per Month	
Total Revenues	$	192,794	$	199,397	$	215,136	$	202,363		
						
EXPENDITURES						
Contractual Services	32,400	6,000	24,000	24,000	No Change From 2020/2021 Budget	
Weed Control (Herbicides)	14,340	5,363	26,200	27,432	JWCD Recommendation	
Mechanical Cleaning (Canals)	5,225	0	13,000	12,950	JWCD Recommendation	
Road Maintenance	8,259	4,919	22,500	24,241	JWCD Recommendation	
Control Structures (Culverts)	13,606	16,734	21,800	17,689	JWCD Recommendation	
Engineering	1,320	0	7,500	7,500	No Change From 2020/2021 Budget	
Water Analyses	60	0	240	240	No Change From 2020/2021 Budget	
Discharge Pump, Section 16	0	0	500	500	No Change From 2020/2021 Budget	
Miscellaneous Maintenance	48	371	0	2,500	Miscellaneous Maintenance	
Management Fees	7,125	14,250	35,000	28,896	$2,408 Per Month (Includes CPI Adjustment)	
Legal Fees	2,377	735	7,500	7,000	$500 Decrease From 2020/2021 Budget	
Audit Fees	8,497	0	8,710	8,900	$190 Increase From 2020/2021 Budget	
Insurance	3,349	3,499	3,700	3,750	Insurance Estimate	
Legal Advertising	0	134	0	750	Legal Advertising	
Miscellaneous	778	356	500	750	$250 Increase From 2020/2021 Budget	
Postage & Delivery	0	117	0	200	Postage	
Office Supplies	1,345	60	0	500	Office Supplies	
Assessment/Tax Roll	138	0	250	250	No Change From 2020/2021 Budget	
Website & ADA Compliance	349	0	0	0	Included In Management Fee	
Meeting and Membership Dues	745	750	1,200	1,200	No Change From 2020/2021 Budget	
Interest on Credit Line (LOC)	0	0	275	275	No Change From 2020/2021 Budget	
Roads Paving Loan - Principal	88,827	45,684	54,280	0	Capital Loan Has Been Paid Off	
Roads Paving Loan - Interest	4,083	771	720	0	Capital Loan Has Been Paid Off	
Reserve	0	0	9,970	20,702	Reserve	
						
Total Expenditures	$	192,871	$	99,743	$	237,845	$	190,225		
						
Revenues Less Expenditures	$	(77)	$	99,654	$	(22,709)	$	12,138		
						
County Appraiser & Tax Collector Fees	(1,179)	(3,835)	(4,097)	(4,046)	County Appraiser & Tax Collector Fees	
Discounts For Early Payments	(5,974)	(7,746)	(6,147)	(8,092)	Four Percent Of Total Assessment Roll	
						
Excess/ (Shortfall)	$	(7,230)	$	88,073	$	(32,953)	$	-		
						
Carryover From Prior Year	0		32,953	0	Carryover From Prior Year	
						
Net Excess/ (Shortfall)	$	(7,230)	$	88,073	$	0	$	-		

4/12/2021 3:16 PM	II

County Line Drainage District Assessment Comparison

Fiscal Year	Fiscal Year	Fiscal Year	
2019/2020	2020/2021	2021/2022	
Assessment	Assessment	Projected Assessment	
 	Per Unit		 	Per Unit		 	Per Unit		

Unit 1							
Maintenance	$	26.53	$	45.88	$	57.83	
Capital Unit 1	$	20.21	$	11.95	$	-	
Capital Unit 2	$	-	$	-	$	-	
 	Shell's Road Unit		  $	2.89	  $	2.89	  $	2.89	
Total	$	49.63	$	60.72	$	60.72	

Unit 2				
Maintenance	$	26.53	$	45.88	$	57.83	
Capital Unit 1	$	20.21	$	11.95	$	-	
Capital Unit 2	$	19.62	$	11.60	$	-	
Shell's Road Unit	$	- 	$	- 	$	- 	
Total	$	66.36	$	69.43	$	57.83	

* Assessments Include the Following :					
4% Discount for Early Payments		Projected 2021/2022		
And County Tax Collector Fee And		Unit 1 Assessments:	$	126,287.88	
County Property Appraiser Fee				

District Information:		Projected 2021/2022 Unit 2 Assessments:	
$	74,014.88	
Unit	Acres			
Unit #1	2079.84	Projected 2021/2022		
Unit #2		 	1279.87		Total Assessments:	$	200,302.77	
Total	3359.71			

1 Acre = 1 Unit				

4/12/2021 3:16 PM	III