East Charlotte Drainage District

Amended Final Budget For Fiscal Year 2020/2021
October 1, 2020 - September 30, 2021

AMENDED FINAL BUDGET
EAST CHARLOTTE DRAINAGE DISTRICT FISCAL YEAR 2020/2021
OCTOBER 1, 2020 - SEPTEMBER 30, 2021

REVENUES	FISCAL YEAR 2020/2021 BUDGET 10/1/20 - 9/30/21	AMENDED FINAL BUDGET
10/1/20 - 9/30/21	YEAR TO DATE ACTUAL
10/1/20 - 9/29/21	
Assessment - Maintenance	154,130	154,192	154,192	
Assessment - Capital Unit 1	40,149	40,161	40,161	
Assessment - Capital Unit 2	14,846	14,853	14,853	
Assessment - Shell Roads Maintenance	6,011	6,012	6,012	
Miscellaneous Income	0	2,526	2,526	
Interest Income	0	100	98	
Total Revenues	$	215,136	$	217,844	$	217,842	
				
EXPENDITURES				
Management Fees	35,000	28,500	28,500	
Legal Fees	7,500	4,500	3,087	
Engineering	7,500	5,000	2,618	
Audit Fees	8,710	8,630	8,360	
Assessment/Tax Roll	250	0	0	
Office Supplies	0	325	292	
Postage & Delivery	0	270	258	
Miscellaneous	500	500	365	
Legal Advertising	0	1,000	698	
Meeting and Membership Dues	1,200	750	750	
Insurance	3,700	3,499	3,499	
Interest on Credit Line (LOC)	275	0	0	
Roads Paving Loan - Principal	54,280	53,135	53,135	
Roads Paving Loan - Interest	720	804	804	
Discharge Pump, Section 16	500	0	0	
Contractual Services	24,000	24,000	24,000	
Weed Control	26,200	30,000	26,597	
Mechanical Cleaning	13,000	5,000	0	
Canal Maintenance	0	5,000	3,118	
Road Maintenance	22,500	22,500	19,956	
Control Structures	21,800	21,800	16,734	
Water Analyses	240	240	0	
Miscellaneous Maintenance	0	2,000	945	
Reserve	9,970	5,000	0	
				
Total Expenditures	$	237,845	$	222,453	$	193,716	
				
Revenues Less Expenditures	$	(22,708)	$	(4,609)	$	24,126	
				
County Appraiser & Tax Collector Fee	(4,098)	(4,182)	(4,182)	
Discounts For Early Payments	(6,147)	(7,752)	(7,752)	
				
Excess/ (Shortfall)	$	(32,953)	$	(16,543)	$	12,192	
				
Carryover From Prior Year	32,953	32,953	0	
				
Net Excess/ (Shortfall)	$	-	$	16,410	$	12,192	

Fund Balance As Of 9/30/20	$	47,566	
Fiscal Year 2020/2021 Activity	$	(16,543)	
Fund Balance As Of 9/30/21	$	31,023	

Notes
Carryover From Prior Year Of $32,953 was used to reduce Fiscal Year 2020/2021 Assessments.