East Charlotte Drainage District

Proposed Budget For Fiscal Year 2025/2026
October 1, 2025 - September 30, 2026

CONTENTS

PROPOSED BUDGET

DETAILED PROPOSED BUDGET

PROPOSED BUDGET
EAST CHARLOTTE DRAINAGE DISTRICT FISCAL YEAR 2025/2026
OCTOBER 1, 2025 - SEPTEMBER 30, 2026

REVENUES	
FISCAL YEAR 2025/2026
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	1,440	
Total Revenues	$	232,921	
		
EXPENDITURES		
Contractual Services	24,000	
Weed Control (Herbicides)	27,432	
Mechanical Cleaning (Canals)	25,000	
Road Maintenance	24,241	
Control Structures (Culverts)	15,689	
Engineering	8,500	
Water Analyses	240	
Discharge Pump, Section 16	500	
Miscellaneous Maintenance	2,500	
Management Fees	32,472	
Legal Fees	24,000	
Audit Fees	10,000	
Insurance	4,500	
Legal Advertising	850	
Miscellaneous	700	
Postage & Delivery	350	
Office Supplies	475	
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	16,108	
		
Total Expenditures	$	219,032	
		
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)	$	-	

4/15/2025 9:35 AM	I

DETAILED PROPOSED BUDGET
EAST CHARLOTTE DRAINAGE DISTRICT FISCAL YEAR 2025/2026
OCTOBER 1, 2025 - SEPTEMBER 30, 2026

REVENUES	
FISCAL YEAR 2023/2024 ACTUAL	FISCAL YEAR ACTUAL 2024/2025
AS OF 3/31/2025	
FISCAL YEAR 2024/2025 BUDGET	
FISCAL YEAR 2025/2026 BUDGET	

COMMENTS	
Assessment - Maintenance	226,331	140,927	225,470	225,470	Expenditures Less Interest/Discounts & Fees	
Assessment - Capital Unit 1	0	3,581	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	6,033	0	6,011	6,011		
Miscellaneous Income	6,081	1,554	0	0		
Interest Income	15,319	5,950	720	1,440	Projected At $120.00 Per Month	
Total Revenues	$	253,764	$	152,012	$	232,201	$	232,921		
						
EXPENDITURES						
Contractual Services	24,000	12,000	24,000	24,000	No Change From 2024/2025 Budget	
Weed Control (Herbicides)	14,426	5,313	27,432	27,432	No Change From 2024/2025 Budget	
Mechanical Cleaning (Canals)	3,502	0	30,000	25,000	$5,000 Decrease From 2024/2025 Budget	
Road Maintenance	1,113	14,577	24,241	24,241	No Change From 2024/2025 Budget	
Control Structures (Culverts)	0	0	17,689	15,689	$2,000 Decrease From 2024/2025 Budget	
Engineering	5,799	7,248	8,500	8,500	No Change From 2024/2025 Budget	
Water Analyses	60	0	240	240	No Change From 2024/2025 Budget	
Discharge Pump, Section 16	0	0	500	500	No Change From 2024/2025 Budget	
Miscellaneous Maintenance	3,344	503	2,500	2,500	No Change From 2024/2025 Budget	
Management Fees	30,648	15,780	31,560	32,472	CPI Adjustment	
Legal Fees	22,449	53,346	12,000	24,000	$12,000 Increase From 2024/2025 Budget	
Audit Fees	9,200	0	9,400	10,000	$600 Increase From 2024/2025 Budget	
Insurance	4,093	4,261	4,500	4,500	Insurance Estimate	
Legal Advertising	542	120	850	850	No Change From 2024/2025 Budget	
Miscellaneous	399	310	725	700	$25 Decrease From 2024/2025 Budget	
Postage & Delivery	239	46	350	350	No Change From 2024/2025 Budget	
Office Supplies	204	123	500	475	$25 Decrease From 2024/2025 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 2024/2025 Budget	
Interest on Credit Line (LOC)	0	0	275	275	No Change From 2024/2025 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	21,850	16,108	General Maintenance/Reserve	
						
Total Expenditures	$	120,193	$	113,802	$	218,312	$	219,032		
						
Revenues Less Expenditures	$	133,571	$	38,210	$	13,889	$	13,889		
						
County Appraiser & Tax Collector Fees	(1,464)	(2,927)	(4,630)	(4,630)	County Appraiser & Tax Collector Fees	
Discounts For Early Payments	(4,831)	(4,864)	(9,259)	(9,259)	Four Percent Of Total Assessment Roll	
						
Excess/ (Shortfall)	$	127,276	$	30,419	$	-	$	-		
						
Carryover From Prior Year	0	0	0	0	Carryover From Prior Year	
						
Net Excess/ (Shortfall)	$	127,276	$	30,419	$	-	$	-		

4/15/2025 9:35 AM	II

East Charlotte Drainage District Assessment Comparison

Fiscal Year 2022/2023
Assessment
	Per Unit		Fiscal Year 2023/2024
Assessment
	Per Unit		Fiscal Year 2024/2025
Assessment
	Per Unit		Fiscal Year 2025/2026
Projected Assessment
	Per Unit		

Unit 1									
Maintenance	$	67.11	$	67.11	$	67.11	$	67.11	
Capital Unit 1	$	-	$	-	$	-	$	-	
Capital Unit 2	$	-	$	-	$	-	$	-	

	Shell's Road Unit	

 $	2.89 

 $	2.89 

 $	2.89 

 $	2.89 

Total	$	70.00	$	70.00	$	70.00	$	70.00	
Unit 2									
Maintenance	$	67.11	$	67.11	$	67.11	$	67.11	
Capital Unit 1	$	-	$	-	$	-	$	-	
Capital Unit 2	$	-	$	-	$	-	$	-	
Shell's Road Unit	$	- 	$	- 	$	- 	$	- 	
Total	$	67.11	$	67.11	$	67.11	$	67.11	

* Assessments Include the Following :	
4% Discount for Early Payments	Projected 2025/2026
And County Tax Collector Fee And	Unit 1 Assessments:	$
County Property Appraiser Fee

145,588.80

Projected 2025/2026
District Information:		Unit 2 Assessments:	$	85,892.08	
Unit
Unit #1	Acres
2079.84	
Projected 2025/2026		
 Unit #2			1279.87		Total Assessments:	$	231,480.88	
Total	3359.71			

1 Acre = 1 Unit				

4/15/2025 9:35 AM	III