Title: ECDD Proposed Budget 2023-2024.xlsx
Author: JWalker

East Charlotte Drainage District

Proposed Budget For Fiscal Year 2023/2024
October 1, 2023 - September 30, 2024

CONTENTS

PROPOSED BUDGET

DETAILED PROPOSED BUDGET

PROPOSED BUDGET
EAST CHARLOTTE DRAINAGE DISTRICT FISCAL YEAR 2023/2024
OCTOBER 1, 2023 - SEPTEMBER 30, 2024

REVENUES | FISCAL YEAR 2023/2024 BUDGET
Assessment - Maintenance | 225,470
Assessment - Capital Unit 1 | 0
Assessment - Capital Unit 2 | 0
Assessment - Shell Roads Maintenance | 6,011
Miscellaneous Income | 0
Interest Income | 240
Total Revenues | $	231,721
EXPENDITURES |
Contractual Services | 24,000
Weed Control (Herbicides) | 27,432
Mechanical Cleaning (Canals) | 30,000
Road Maintenance | 24,241
Control Structures (Culverts) | 17,689
Engineering | 8,500
Water Analyses | 240
Discharge Pump, Section 16 | 500
Miscellaneous Maintenance | 2,500
Management Fees | 30,648
Legal Fees | 12,000
Audit Fees | 8,900
Insurance | 4,225
Legal Advertising | 850
Miscellaneous | 750
Postage & Delivery | 350
Office Supplies | 500
Assessment/Tax Roll | 0
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
General Maintenance/Reserve | 23,032
Total Expenditures | $	217,832
Revenues Less Expenditures | $	13,889
County Appraiser & Tax Collector Fees | (4,630)
Discounts For Early Payments | (9,259)
Excess/ (Shortfall) | $	-
Carryover From Prior Year | 0
Net Excess/ (Shortfall) | $	-

4/10/2023 5:25 PM	^I

DETAILED PROPOSED BUDGET EAST CHARLOTTE DRAINAGE DISTRICT FISCAL YEAR 2023/2024
OCTOBER 1, 2023 - SEPTEMBER 30, 2024

REVENUES

FISCAL YEAR 2021/2022 ACTUAL

FISCAL YEAR ACTUAL 2022/2023
AS OF 3/31/2023

FISCAL YEAR 2022/2023 BUDGET

FISCAL YEAR 2023/2024 BUDGET

COMMENTS

Assessment - Maintenance | 194,387 | 218,498 | 225,470 | 225,470 | Expenditures Less Interest/Discounts & Fees
Assessment - Capital Unit 1 | 0 | 5,797 | 0 | 0 | Capital Loan Has Been Paid Off
Assessment - Capital Unit 2 | 0 | 0 | 0 | 0 | Capital Loan Has Been Paid Off
Assessment - Shell Roads Maintenance | 6,013 | 0 | 6,011 | 6,011 |
Miscellaneous Income | 2,594 | 1,554 | 0 | 0 |
Interest Income | 135 | 1,387 | 60 | 240 | Projected At $20.00 Per Month
Total Revenues | $	203,129 | $	227,236 | $	231,541 | $	231,721 |
EXPENDITURES | | | | |
Contractual Services | 24,000 | 7,472 | 24,000 | 24,000 | No Change From 2022/2023 Budget
Weed Control (Herbicides) | 23,391 | 14,574 | 27,432 | 27,432 | No Change From 2022/2023 Budget
Mechanical Cleaning (Canals) | 0 | 0 | 30,000 | 30,000 | No Change From 2022/2023 Budget
Road Maintenance | 6,284 | 24,000 | 24,241 | 24,241 | No Change From 2022/2023 Budget
Control Structures (Culverts) | 13,599 | 0 | 17,689 | 17,689 | No Change From 2022/2023 Budget
Engineering | 8,806 | 0 | 6,500 | 8,500 | $2,000 Increase From 2022/2023 Budget
Water Analyses | 0 | 0 | 240 | 240 | No Change From 2022/2023 Budget
Discharge Pump, Section 16 | 0 | 0 | 500 | 500 | No Change From 2022/2023 Budget
Miscellaneous Maintenance | 144 | 59 | 2,500 | 2,500 | No Change From 2022/2023 Budget
Management Fees | 28,896 | 14,880 | 29,760 | 30,648 | CPI Adjustment (Capped At 3%)
Legal Fees | 5,628 | 7,109 | 7,000 | 12,000 | $5,000 Increase From 2022/2023 Budget
Audit Fees | 8,570 | 0 | 8,900 | 8,900 | No Change From 2022/2023 Budget
Insurance | 3,618 | 3,885 | 4,225 | 4,225 | Insurance Estimate
Legal Advertising | 427 | 253 | 850 | 850 | No Change From 2022/2023 Budget
Miscellaneous | 568 | 23 | 750 | 750 | No Change From 2022/2023 Budget
Postage & Delivery | 275 | 98 | 350 | 350 | No Change From 2022/2023 Budget
Office Supplies | 317 | 142 | 500 | 500 | No Change From 2022/2023 Budget
Assessment/Tax Roll | 0 | 0 | 0 | 0 | Included In Management Fee
Website & ADA Compliance | 0 | 0 | 0 | 0 | Included In Management Fee
Meeting and Membership Dues | 175 | 175 | 1,200 | 1,200 | No Change From 2022/2023 Budget
Interest on Credit Line (LOC) | 0 | 0 | 275 | 275 | No Change From 2022/2023 Budget
Roads Paving Loan - Principal | 0 | 0 | 0 | 0 | Capital Loan Has Been Paid Off
Roads Paving Loan - Interest | 0 | 0 | 0 | 0 | Capital Loan Has Been Paid Off
General Maintenance/Reserve | 0 | 0 | 30,740 | 23,032 | General Maintenance/Reserve
Total Expenditures | $	124,698 | $	72,670 | $	217,652 | $	217,832 |
Revenues Less Expenditures | $	78,431 | $	154,566 | $	13,889 | $	13,889 |
County Appraiser & Tax Collector Fees | (1,541) | (4,503) | (4,630) | (4,630) | County Appraiser & Tax Collector Fees
Discounts For Early Payments | (3,866) | (6,032) | (9,259) | (9,259) | Four Percent Of Total Assessment Roll
Excess/ (Shortfall) | $	73,024 | $	144,031 | $	- | $	- |
Carryover From Prior Year | 0 | 0 | 0 | 0 | Carryover From Prior Year
Net Excess/ (Shortfall) | $	73,024 | $	144,031 | $	- | $	- |

4/10/2023 5:25 PM	II

East Charlotte Drainage District Assessment Comparison

| Fiscal Year 2020/2021 Assessment Per Unit | Fiscal Year 2021/2022 Assessment Per Unit | Fiscal Year 2022/2023 Assessment Per Unit | Fiscal Year 2023/2024 Projected Assessment Per Unit
Unit 1 | | | | | | | |
Maintenance | $ | 45.88 | $ | 57.83 | $ | 67.11 | $ | 67.11
Capital Unit 1 | $ | 11.95 | $ | - | $ | - | $ | -
Capital Unit 2 | $ | - | $ | - | $ | - | $ | -

	Shell's Road Unit	

 $	2.89

 $	2.89

 $	2.89

 $	2.89

Total | $ | 60.72 | $ | 60.72 | $ | 70.00 | $ | 70.00
Unit 2 | | | | | | | |
Maintenance | $ | 45.88 | $ | 57.83 | $ | 67.11 | $ | 67.11
Capital Unit 1 | $ | 11.95 | $ | - | $ | - | $ | -
Capital Unit 2 | $ | 11.60 | $ | - | $ | - | $ | -
Shell's Road Unit | $	- | $	- | $	- | $	-
Total | $ | 69.43 | $ | 57.83 | $ | 67.11 | $ | 67.11
* Assessments Include the Following : | | | | | | | |

4% Discount for Early Payments	Projected 2023/2024
And County Tax Collector Fee And	Unit 1 Assessments:	$
County Property Appraiser Fee

145,588.80

Projected 2023/2024
District Information: | | Unit 2 Assessments: | $	85,892.08

Unit
Unit #1

Acres
2079.84

Projected 2023/2024

Unit #2 | 1279.87 | Total Assessments: | $	231,480.88
Total | 3359.71 | |
1 Acre = 1 Unit | | |

4/10/2023 5:25 PM	^III