Valencia
Water Control District
Adopted Budget FY2020

Table of Contents

1-2	 	General Fund

3-4	 	Capital Reserve Fund

		Adopted
Budget	Actual
thru	Projected
Next	Total
Projected	Adopted
Budget	
	Description	FY2019	4/30/19	5 Months	09/30/19	FY2020	
							
	Revenues						
	Special Assessments - Tax Roll	$553,302	$515,412	$37,890	$553,302	$553,302	
	Interest	$0	$3,108	$2,819	$5,927	$0	
	Miscellanous Revenue	$0	$97	$0	$97	$0	
	Total Revenues	$553,302	$518,617	$40,709	$559,326	$553,302	
	
Expenditures						
	Administrative
Supervisor Fees	
$2,500	
$650	
$1,000	
$1,650	
$2,500	
	Engineering Fees	$37,200	$12,600	$12,600	$25,200	$37,200	
	Attorney Fees	$12,000	$7,000	$5,000	$12,000	$12,000	
	Annual Audit	$5,100	$0	$5,100	$5,100	$5,200	
	Assessment Roll Certification	$2,500	$2,500	$0	$2,500	$2,500	
	Management Fees	$48,800	$28,467	$20,333	$48,800	$48,800	
	Website Administration	$600	$350	$2,625	$2,975	$600	
	Workers Compensation	$600	$0	$0	$0	$0	
	Insurance	$12,650	$11,000	$0	$11,000	$12,650	
	Report Preparation - NPDES	$25,000	$4,085	$8,415	$12,500	$25,000	
	Office Lease	$12,980	$8,623	$5,408	$14,032	$12,980	
	Freight	$200	$0	$100	$100	$200	
	Printing & Binding	$500	$118	$232	$350	$500	
	Postage	$500	$92	$208	$300	$500	
	Travel Per Diem	$200	$0	$100	$100	$200	
	Legal Advertising	$1,200	$178	$822	$1,000	$1,200	
	Bank Fees	$300	$0	$50	$50	$300	
	Other Current Charges	$400	$102	$198	$300	$400	
	Office Supplies	$1,000	$494	$306	$800	$1,000	
	Election Fees	$2,800	$0	$2,800	$2,800	$2,800	
	Meeting Rental Fee	$500	$200	$200	$400	$500	
	Property Appraiser Fee	$5,408	$5,388	$0	$5,388	$5,408	
	Dues, Licenses, Subscriptions	$2,150	$1,175	$0	$1,175	$2,150	
	Administrative Expenses	$175,088	$83,022	$65,498	$148,520	$174,588	

General Fund

	Adopted
Budget	Actual
thru	Projected
Next	Total
Projected	Adopted
Budget	
Description	FY2019	4/30/19	5 Months	09/30/19	FY2020	

Operation and Maintenance
Utilities:
Electric & Water & Sewer	$1,000	$202	$298	$500	$1,000	
Internet & Telephone	$1,500	$954	$700	$1,654	$1,800	
Contracts:
Aquatic Weed Control	
$35,000	
$25,106	
$11,095	
$36,201	
$35,000	
Mowing	$85,000	$20,788	$64,212	$85,000	$85,000	
Water Quality Monitoring	$20,214	$8,228	$9,876	$18,104	$20,214	
Janitorial	$2,000	$786	$786	$1,572	$2,000	
Repairs & Maintenance:						
Canal & Retention Pond Maintenance	$175,000	$8,900	$166,100	$175,000	$95,380	
Office	$750	$90	$135	$225	$750	
Security Gates & Signs	$750	$0	$350	$350	$750	
NPDES Inspection & Fees	$6,000	$1,875	$3,250	$5,125	$6,000	
Operating Supplies	$500	$0	$250	$250	$500	
Contingency	$500	$0	$250	$250	$500	
Operation and Maintenance Expenses	$328,214	$66,929	$257,302	$324,231	$248,894	

Capital Improvements
Transfer Out - Capital Reserve (Current Year)	

$50,000	

$0	

$50,000	

$50,000	

$129,820	
Transfer Out - Capital Reserve (Prior Year)	$0	$0	$0	$0	$326,502	
Capital Improvement Expenses	$50,000	$0	$50,000	$50,000	$456,322	
						
Total Expenditures	$553,302	$149,951	$372,799	$522,750	$879,804	
						
Excess Revenues/(Expenditures)	$0	$368,666	($332,090)	$36,575	($326,502)	
						
Fund Balance - Beginning	$0	$396,927	$0	$396,927	$326,502	
						
Fund Balance - Ending	$0	$765,593	($332,090)	$433,502	$0	

FY2019
Maintenance Tax	FY2020
Maintenance Tax	

NET ASSESSMENT	
$553,302	
$553,302	
COLLECTION COST (5%)*	$29,121	$29,121	
GROSS ASSESSMENT	$582,423	$582,423	

Number of Units	9467	9467	
TOTAL LEVY	$61.52	$61.52	

Collection percentage is total of 3% Tax Collector Discount Fee & 2% Collection Fee

Capital Reserve Fund

		Adopted
Budget	Actual
thru		Projected
Next	Total
Projected	Adopted
Budget	
	Description	FY2019	4/30/19		5 Months	09/30/19	FY2020	

Revenues							
	Transfer in (Current Year)	$50,000		$0	$50,000	$50,000	$129,820	
	Transfer in (Prior Year)	$0		$0	$0	$0	$326,502	
	Interest Income	$0		$0	$0	$0	$2,500	
	Total Revenues	$50,000		$0	$50,000	$50,000	$458,822	
	
Expenditures							
	Capital Improvements	$0		$0	$0	$0	$90,000	
	Total Expenditures	$0		$0	$0	$0	$90,000	
								
	Excess Revenues/(Expenditures)	$50,000		$0	$50,000	$50,000	$368,822	
								
	Fund Balance - Beginning	$0		$0	$0	$0	$50,000	
								
	Fund Balance - Ending	$50,000		$0	$50,000	$50,000	$418,822	

Capital Improvement Projects
Fiscal Year 2020
Description	Estimated Cost	
C-1 Canal Weir Replacement	$10,803.10	
C-11 Canal Restoration	$17,848.00	
C-11 Canal Dredging - S-1101	$13,817.25	
C-11 Canal Raise Bank Elevation	$44,294.55	
Total	$86,762.90	

Capital Improvement Projects
Fiscal Year 2021
Description	Estimated Cost	
C-4 Canal Grading	$39,859.00	
C-4 & C-5 Canal Regrading	$8,802.10	
C-10 Canal Behind Office	$10,729.50	
C-10 Canal Overflow Weir	$32,648.50	
C-10 Canal Orangewood Tree Cleaning	$36,547.00	
Total	$128,586.10	

Capital Improvement Projects
Fiscal Year 2022
Description	Estimated Cost	
C-1 Canal Grading	$37,927.00	
C-3 Canal Stabilization	$5,727.00	
C-5 Canal, S-501 Stabilization	$5,244.00	
C-12 Canal Miter End Replacement	$3,001.50	
Total	$51,899.50	

Capital Improvement Projects
Fiscal Year 2023
Description	Estimated Cost	
C-11 Canal Pepper Tree Clearing	$20,941.50 C-12 Canal - Joung Young Access Road	$10,844.50
C-12 Canal Tree Trimming	$9,890.00	
Total	$41,676.00	

Capital Improvement Projects
Fiscal Year 2024
Description	Estimated Cost	
C-5 Canal Sea World Discharge Flum	$11,835.80	
C-12 Canal Swale Grading, Underdrain	$43,418.25	
C-12 Canal Bank Regrading	$68,016.75	
C-12 Canal Fix Structure	$4,600.00	
C-12 Deer Creek Structure	$1,725.00	
Total	$129,595.80	

Capital Improvement Projects
Fiscal Year (TBD)
Description	Estimated Cost	
C-12 Canal Fix Pond	$13,489.50
C-12 Canal Fix Skimmer	$8,248.95	
Total	$21,738.45	

Combined Total	$460,258.75