Final Budget

Fiscal Year 2015

August 15, 2014

Dunes

Community Development District

TABLE OF CONTENTS

General Fund

Budget	Page 1

Water and Sewer Fund

Budget	Page 2-3

Bridge Fund

Budget	Page 4

Additional Documents

Capital Improvements List	Page 5

General Fund Assessment Summary	Page 6

Utilities Revenue Projections	Page 7

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Community Development District												General Fund	
															
						Adopted		Actual		Projected		Total		Proposed	
						Budget		Thru		Next		Projected		Budget	
Expense Code	Description				FY 2014	6/30/2014		3 Months	9/30/2014		FY 2015	
REVENUES														
001.300.31900.10000	Maintenance Assessments	$252,646	$252,654	$0	$252,654	$200,000	
001.300.36100.11000	Interest Income	$300	$209	$69	$278	$0	
001.300.38100.10000	Transfer from Water & Sewer Fund Surplus Account	$75,216	$75,216	$0	$75,216	$65,000	
001.300.38100.10000	Transfer from Bridge Fund Surplus Account	$0	$0	$0	$0	$70,000	
															
	TOTAL REVENUES			$328,162		$328,079		$69		$328,148		$335,000	
EXPENDITURES														
	Administrative														
001.310.51300.11000	Supervisor Fees	$14,000	$8,200	$3,000	$11,200	$14,000	
001.310.51300.21000	FICA Expense	$1,071	$627	$230	$857	$1,070	
001.310.51300.31100	Engineering	$7,500	$0	$2,500	$2,500	$7,500	
001.310.51300.31500	Attorney	$10,000	$5,099	$1,699.79	$6,799	$10,000	
001.310.51300.32000	Collection Fees, Uncollectable & Early Payment Discount	$10,650	$13,407	$0	$13,407	$14,000	
001.310.51300.32200	Annual Audit	$3,900	$3,800	$0	$3,800	$4,000	
001.310.51300.34000	Management Fees	$10,000	$7,500	$2,500	$10,000	$10,000	
001.310.51300.35100	Computer Time	$1,000	$750	$250	$1,000	$1,000	
001.310.51300.40000	Travel Expenses	$2,400	$913	$304	$1,218	$2,400	
001.310.51300.42000	Postage & Express Mail	$2,500	$1,920	$640	$2,560	$2,500	
001.310.51300.42500	Printing	$2,000	$1,239	$413	$1,651	$2,000	
001.310.51300.45000	Insurance	$13,000	$10,772	$0	$10,772	$13,000	
001.310.51300.48000	Advertising Legal & Other	$1,500	$199	$66	$265	$1,500	
001.310.51300.49000	Bank Charges	$750	$238	$79	$317	$750	
001.310.51300.49100	Contingencies	$4,000	$1,383	$2,617	$4,000	$4,000	
001.310.51300.51000	Office Supplies	$2,000	$484	$161	$646	$2,000	
001.310.51300.54000	Dues (FSDA), Licenses & Subscriptions	$500	$175	$325	$500	$2,500	
001.320.53800.12000	Salaries	$83,054	$67,179	$22,393	$89,572	$85,156	
001.320.53800.21000	FICA Taxes	$6,354	$5,729	$1,713	$7,442	$6,514	
001.320.53800.22000	Pension Expense	$4,983	$4,031	$1,343.58	$5,374	$5,109	
001.320.53800.23000	Health Insurance Benefits	$10,500	$7,503	$2,501	$10,004	$10,500	
001.320.53800.24000	Workers Comp Insurance	$2,300	$1,402	$467	$1,870	$2,200	
001.320.53800.64000	Capital Improvements (See Capital Improvements List)	$12,100	$12,575	$0	$12,575	$15,000	
															
	Administrative			$206,062		$155,126		$43,204		$198,329		$216,700	
	(Less Contribution from Transfer and Interest)		($52,458)								($92,000)	
	Total Administrative Raised From Assessment	$153,604							$124,700	
	General & Stormwater System Maintenance													
001.320.53800.43000	Electric (7 Aerators)	$15,000	$10,599	$3,533	$14,131	$15,000	
001.320.53800.46000	Building Maintenance	$12,000	$8,188	$2,729	$10,917	$12,000	
001.320.53800.46200	Landscaping	$20,000	$10,610	$3,537	$14,147	$15,000	
001.320.53800.46300	Tree & Shrub Removal	$10,000	$300	$0	$300	$10,000	
001.320.53800.46500	Lake Maintenance	$20,000	$21,551	$7,184	$28,735	$25,000	
001.320.53800.46700	Storm Drain System Maintenance	$20,000	$5,303	$1,768	$7,071	$20,000	
001.320.53800.64000	Capital Improvements	$0	$0	$0	$0	$3,000	
001.320.53800.49300	Repair and Replacement Equipment	$5,000	$394	$2,500	$2,894	$5,000	
001.320.53800.49200	Repair and Replacement Floating Aerators	$17,100	$0	$17,100	$17,100	$10,300	
001.320.53800.52100	Grass Carp	$3,000	$0	$3,000	$3,000	$3,000	
														
	General & Stormwater System Maintenance		$122,100		$56,944		$41,350		$98,294		$118,300	
	(Less Contribution from Transfer and Interest)	($23,058)								($43,000)	
	General & Stormwater System Maintenance From Assessment			$99,042								$75,300	
												
	TOTAL EXPENDITURES		$328,162		$212,070		$84,554		$296,623		$335,000	
											
	TOTAL EXPENDITURES RAISED FROM ASSESSMENT			$252,646								$200,000	
													
	FUND BALANCE			$0		$116,010		($84,485)		$31,525		$0	

BUDGET HIGHLIGHTS FY 2015

1.	Assessments will be reduced from last years level with funds coming from transfers from W & S Fund and Bridge Fund.

2.	Payroll includes an average 3.0% increase over FY 2014 Budget.

3.	Rewiring telephone, Instrumentation & computers systems between Adm. Building and the other Plant Buildings.

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Community Development District										Water and Sewer Fund	
												
			Adopted		Actual		Projected		Total		Proposed	
			Budget		Thru		Next		Projected		Budget	
Expense Code	Description		FY 2014	6/30/2014		3 Months	9/30/2014		FY 2015	
REVENUES												
041.300.34300.30000	Water Revenue	$1,137,476	$833,032	$277,677	$1,110,709	$1,112,455	
041.300.34300.50000	Sewer Revenue	$935,963	$666,934	$222,311	$889,245	$960,617	
041.300.34300.76000	Irrigation/Effluent	$1,089,770	$827,392	$275,797	$1,103,189	$1,127,902	
041.300.34300.10000	Meter Fees	$8,000	$6,964	$1,036	$8,000	$8,000	
041.300.34300.10100	Connection Fees - W, S & I (8 units)	$18,000	$27,000	$0	$27,000	$36,000	
041.300.36100.10000	Interest Income	$20,000	$8,889	$2,963	$11,853	$20,000	
041.300.36900.10000	CPC Effluent Agreement	$40	$0	$0	$0	$40	
041.300.34900.10200	Backflow Preventor/Misc.	$100	$840	$0	$840	$100	
041.300.36900.10000	Misc. Income / Penalty	$10,000	$4,136	$0	$4,136	$3,000	
041.300.36900.10200	Non Operating Revenue - Capital Improvement from Surplus	$0	$0	$0	$0	$700,000	
	Grant Funds from SJRWMD for WTP Expansion									$800,000	
												
TOTAL REVENUES		$3,219,349	$2,375,188	$779,785	$3,154,973	$4,768,114	
EXPENDITURES												
Administrative												
041.310.51300.31100	Engineering	$50,000	$0	$5,000	$5,000	$25,000	
041.310.51300.31500	Attorney	$20,000	$2,002	$667	$2,669	$25,000	
041.310.51300.32200	Annual Audit	$8,775	$8,550	$2,850	$11,400	$9,000	
041.310.51300.34000	Management Fees	$19,000	$14,250	$4,750	$19,000	$19,000	
041.310.51300.40000	Travel Expenses	$15,000	$10,695	$3,565	$14,260	$15,000	
041.310.51300.42000	Postage & Express Mail	$8,000	$3,224	$1,075	$4,299	$8,000	
041.310.51300.42500	Printing & Mailing Utility Bills	$17,500	$11,610	$3,870	$15,480	$17,500	
041.310.51300.48000	Advertising Legal & Other	$2,500	$2,135	$712	$2,847	$2,500	
041.310.51300.49000	Bank Charges	$5,000	$7,021	$2,340	$9,361	$9,000	
041.310.51300.49100	Contingencies	$20,000	$11,208	$3,736	$14,944	$20,000	
041.310.51300.51000	Office Supplies and Equipment	$15,000	$8,983	$2,994	$11,978	$15,000	
041.310.51300.54000	Dues, Licenses & Subscriptions	$6,000	$3,040	$2,960	$6,000	$6,000	
041.310.51300.54200	Permits Fees WTP & WWTP	$15,000	$8,600	$6,400	$15,000	$15,000	
041.310.51300.54300	Utility Rate Analysis	$0	$0	$0	$0	$0	
041.310.51300.55000	Land Leases & Easement Fees	$11,500	$10,634	$0	$10,634	$11,500	
041.310.51300.64000	Capital Improvements   (See Capital Improvement List)	$867,500	$436,432	$431,068	$867,500	$2,540,500	
041.310.53600.12000	Salaries	$596,567	$474,422	$158,141	$632,563	$618,718	
041.310.53600.21000	FICA Taxes	$48,321	$40,929	$12,098	$53,027	$50,108	
041.310.53600.22000	Pension Plan	$35,074	$27,578	$9,193	$36,770	$36,283	
041.310.53600.23000	Insurance Benefits (Medical)	$125,850	$86,039	$28,680	$114,718	$125,850	
041.310.53600.24000	Workers Compensation Insurance	$16,246	$14,015	$4,672	$18,686	$16,246	
041.310.53600.25000	Unemployment Benefits	$5,000	$0	$0	$0	$5,000	
041.310.53600.32480	Bad Debt Expense	$0	$0	$0	$0	$0	
041.310.53600.54100	Training & Education	$10,000	$3,845	$1,282	$5,127	$10,000	
041.310.53600.41000	Telephone	$15,000	$12,745	$4,248	$16,994	$15,000	
041.310.53600.44000	Equipment Rentals & Leases	$4,000	$3,200	$1,067	$4,267	$4,000	
041.310.53600.45000	Insurance	$78,000	$70,204	$23,401	$93,605	$78,000	
041.310.53600.46100	Repair and Maintenance for Vehicles	$5,000	$2,718	$906	$3,624	$5,000	
041.310.53600.52000	Supplies/Equipment General	$2,500	$3,263	$1,088	$4,350	$4,000	
041.310.53600.52055	Uniforms/Supplies/Services	$7,000	$5,891	$1,964	$7,854	$7,000	
041.310.53600.52100	Fuel for Vehicles	$12,000	$7,971	$2,657	$10,628	$12,000	
041.310.53600.52000	Tools	$3,000	$3,108	$1,036	$4,144	$3,000	
									$0			
Administrative		$2,044,333	$1,294,312	$722,417	$2,016,729	$3,728,205	
Water System												
041.320.53600.34800	Water Quality Testing	$20,000	$17,267	$5,756	$23,023	$20,000	
041.320.53600.43000	Electric	$90,000	$19,514	$6,505	$26,019	$90,000	
041.320.53600.43100	Bulk Water Purchases	$10,000	$242	$250	$492	$10,000	
041.320.53600.44000	Equipment Rentals & Leases	$1,000	$0	$0	$0	$1,000	
041.320.53600.46000	Plant Maintenance Repair and Equipment	$75,000	$26,583	$8,861	$35,444	$65,000	
041.320.53600.46050	Distribution System Maintenance Repair and Equipment	$15,000	$14,910	$4,970	$19,881	$20,000	
041.320.53600.52000	Plant Operating Supplies	$15,000	$13,335	$4,445	$17,780	$15,000	
041.320.53600.52200	Chlorine & Other Chemicals	$125,000	$70,404	$23,468	$93,872	$140,000	
041.320.53600.61000	Meters New & Replacement	$15,000	$7,134	$2,378	$9,513	$15,000	
												
Water System			$366,000		$169,390		$56,633		$226,023		$376,000	

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Community Development District										Water and Sewer Fund	
														
					Adopted		Actual		Projected		Total		Proposed	
					Budget		Thru		Next		Projected		Budget	
Expense Code	Description		FY 2014	6/30/2014		3 Months	9/30/2014		FY 2015	
	Sewer System												
041.330.53600.34800	Water Quality Testing	$20,000	$13,484	$4,495	$17,978	$20,000	
041.330.53600.34900	Sludge Disposal	$9,000	$18,917	$6,306	$25,223	$15,000	
041.330.53600.43000	Electric	$45,000	$28,449	$9,483	$37,932	$45,000	
041.330.53600.44000	Equipment Rentals & Leases	$4,000	$0	$0	$0	$3,000	
041.330.53600.46000	Plant Maintenance Repair and Equipment	$50,000	$18,121	$6,040	$24,161	$50,000	
041.330.53600.46050	Collection System Maintenance Repair and Equipment	$20,000	$7,416	$2,472	$9,889	$20,000	
041.330.53600.46075	Lift Station Repair and Maintenance	$40,000	$20,869	$6,956	$27,826	$35,000	
041.330.53600.52000	Plant Operating Supplies	$15,000	$9,815	$3,272	$13,087	$15,000	
041.330.53600.52200	Chlorine & Other Chemicals	$40,000	$20,623	$6,874	$27,497	$35,000	
														
	Sewer System		$243,000	$137,693	$45,898	$183,591	$238,000	
	Irrigation System												
041.340.53600.34800	Water Quality Testing	$5,000	$0	$5,000	$5,000	$5,000	
041.340.53600.43000	Electric	$30,000	$26,536	$8,845	$35,381	$30,000	
041.340.53600.43300	Effluent (Reclaimed Water) Purchases	$135,000	$116,907	$38,969	$155,876	$135,000	
041.340.53600.44000	Equipment Rentals & Leases	$1,000	$0	$0	$0	$1,000	
041.340.53600.46000	Plant Maintenance Repair and Equipment	$35,000	$49,161	$16,387	$65,548	$40,000	
041.340.53600.46050	Distribution System Maintenance Repair and Equipment	$20,000	$7,797	$2,599	$10,396	$20,000	
041.340.53600.61000	Meters New & Replacement	$10,000	$6,084	$2,028	$8,112	$10,000	
														
	Irrigation System		$236,000	$206,485	$73,828	$280,313	$241,000	
	Debt Service												
041.310.51300.71000	Principal Debt Retirement	$0	$0	$0	$0	$0	
041.310.51300.72000	Interest Expense	$0	$0	$0	$0	$0	
041.310.51300.31200	Arbitrage Rebate Calculations	$0	$1,250	$0	$1,250	$0	
041.310.51300.73000	Trustee Fees	$0	$0	$0	$0	$0	
041.300.22300.10000	Connection Fees - W/S (8 Connections in FY12 paid to HDOA.)	$14,000	$0	$14,000	$14,000	$28,000	
														
	Debt Service			$14,000		$1,250		$14,000		$15,250		$28,000	
													
	SUBTOTAL EXPENDITURES	$2,903,333	$1,809,130	$912,776	$2,721,906	$4,611,205	
	Contribution to Reserves &General Fund											
041.310.51300.63100	Renewal and Replacement	$40,000	$0	$40,000	$40,000	$40,000	
?????		Contribution to Capital Facilities Reserves	$275,000	$0	$275,000	$275,000	$0	
041.300.58100.10000	Contribution to General Fund	$0	$0					$65,000	
												
	Contribution to Reserves &General Fund	$315,000	$0	$315,000	$315,000	$105,000	
													
	TOTAL EXPENDITURES		$3,218,333		$1,809,130		$1,227,776		$3,036,906		$4,716,205	
													
	NET INCOME			$1,016		$566,058		($447,992)		$118,067		$51,909	

BUDGET HIGHLIGHTS FY 2015

1.	Payroll includes an average 3.0% increase over FY 2014 Budget.

2.	See Capital Improvements List.

3.Transfer $65,000 from W & S Fund Suprlus to General Fund per Opinion of Counsel and Grau's letter.

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Community Development District										Bridge Fund	
												
			Adopted		Actual		Projected		Total		Proposed	
			Budget		Thru		Next		Projected		Budget	
Expense Code	Description		FY 2014	6/30/2014		3 Months	9/30/2014		FY 2015	
REVENUES												
042.300.34900.10000	Toll Collections	$1,338,600	$1,113,189	$371,063	$1,484,252	$1,387,000	
042.300.36100.10000	Interest Income	$19,000	$12,243	$4,081	$16,324	$17,000	
042.300.36900.10000	Miscellaneous	$5,000	$9,900	$0	$9,900	$5,000	
	Transfer from Surplus Funds	$410,000	$410,000	$0	$410,000	$655,000	
												
TOTAL REVENUES		$1,772,600	$1,545,333	$375,144	$1,920,477	$2,064,000	
EXPENDITURES												
Administrative												
042.310.51300.31100	Engineering	$5,000	$2,625	$875	$3,500	$5,000	
042.310.51300.31500	Attorney	$20,000	$2,471	$824	$3,295	$15,000	
042.310.51300.32200	Annual Audit	$6,825	$6,650	$0	$6,650	$7,000	
042.310.51300.34000	Management Fees	$17,000	$12,750	$4,250	$17,000	$17,000	
042.310.51300.49000	Bank Charges	$3,000	$2,236	$745	$2,981	$3,000	
042.310.51300.49100	Contingencies	$5,000	$1,542	$514	$2,055	$5,000	
												
Administrative		$56,825	$28,273	$7,208	$35,481	$52,000	
Operating Expenses - Toll Facility											
042.320.54900.12000	Salaries	$314,438	$241,378	$80,459	$321,837	$311,168	
042.320.54900.15000	Special Pay	$3,000	$2,270	$757	$3,027	$3,500	
042.320.54900.21000	FICA Taxes	$25,227	$20,045	$6,682	$26,727	$25,045	
042.320.54900.22000	Pension Plan	$12,321	$9,274	$3,091	$12,365	$12,719	
042.320.54900.23000	Insurance Benefits (Medical)	$69,230	$51,898	$17,299	$69,198	$69,230	
042.320.54900.24000	Workers Compensation Insurance	$9,206	$7,942	$2,647	$10,589	$9,206	
042.320.54900.34300	Contractual Support	$8,000	$9,540	$3,180	$12,720	$12,000	
042.320.54900.34500	Payroll Processing Fee	$6,500	$4,972	$1,657	$6,630	$6,500	
042.320.54900.34600	Credit Card Processing Fee	$22,000	$9,907	$3,302	$13,209	$22,000	
042.320.54900.40000	Travel Expenses	$1,000	$0	$0	$0	$1,000	
042.320.54900.41000	Telephone	$5,000	$4,115	$1,372	$5,487	$5,000	
042.320.54900.42500	Printing	$2,500	$2,532	$844	$3,376	$3,500	
042.320.54900.43000	Utility Services	$13,000	$10,667	$3,556	$14,223	$13,000	
042.320.54900.45000	Insurance	$60,000	$53,467	$0	$53,467	$60,000	
042.320.54900.46000	Repairs & Maintenance	$45,000	$69,094	$0	$69,094	$50,000	
042.320.54900.46100	DOT mandated Bridge Inspection (Required in 2015)	$0	$0	$0	$0	$19,000	
042.320.54900.51000	Office Supplies	$3,000	$2,614	$871	$3,485	$3,000	
042.320.54900.52000	Operating Supplies	$10,000	$8,690	$2,897	$11,587	$10,000	
042.320.54900.64000	Capital Improvements  (See Capital Improvement List)	$891,250	$4,153	$887,097	$891,250	$1,000,000	
											
Operating Expenses - Toll Facility	$1,500,672	$512,559	$1,015,712	$1,528,271	$1,635,868	
Operating Expenses - Hammock Dunes Pkwy											

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Community Development District										Bridge Fund	
												
			Adopted		Actual		Projected		Total		Proposed	
			Budget		Thru		Next		Projected		Budget	
Expense Code	Description		FY 2014		6/30/2014		3 Months		9/30/2014		FY 2015	

	SUBTOTAL EXPENDITURES	$1,557,497	$540,833	$1,022,920	$1,563,752	$1,687,868	
	Contribution to Reserves, Community Projects & General Fund											
042.310.51300.60000		Maintenance Reserves	$0	$0	$0	$0	$100,000	
042.310.51300.60001		Community Projects Transfer from Surplus Revenues	$200,000	$99,835	$100,165	$200,000	$200,000	
042.300.58100.10000		Contribution to General Fund									$70,000	
													
	Maintenance Reserves & Community Projects	$200,000	$99,835	$100,165	$200,000	$370,000	
														
	TOTAL EXPENDITURES			$1,757,497		$640,667		$1,123,085		$1,763,752		$2,057,868	
													
	NET INCOME		$15,103	$904,666	($747,941)	$156,725	$6,132	

BUDGET HIGHLIGHTS FY 2015

1.	Revenues based on 1,460,000 vehicle trips (70% prepaid and 30% cash) average cost of $0.95 per trip [1,460,000]X[0.95] = $1,387,000

2.	Payroll includes an average 3.0% increase over FY 2014 Budget.

3.	Maintenance Reserves base on Engineering and Financial Consultant's recommendation.

4 Transfer $200,000from Bridge Surplus for Community Projects as provided in an Interlocal Agreement with Flagler County. 5. Transfer $70,000 from Bridge Surplus Account to General Fund.

Page 4

Capital Improvements List FY 2015

Water & Sewer Budget					
Items:	Priority	Amount		
WATER					
Water Treatment Plant Expansion-Construction	1	$1,895,000			
Water Treatment Plant Expansion-Engineering	1	$204,000			
Water Distribution System Improvements (Hammock Beach, Yacht Harbor Village)	1	$156,000			
Storage-Container Replacement	1	$5,000			
WASTEWATER					
Digester Improvements (roll over to 2015)	1	$65,000			
Reuse System Booster (roll over to 2015)	1	$100,000			
Collection System Improvements ( 5 L.S. controllers)	1	$15,500			
Truck to Replace 2001 Dodge Pickup	1	$25,000			
Chlorine Contact Chamber Rehab	1	$75,000			
Subtotal Priority 1				
		$2,540,500	##		
WATER					
ARB Fixed Base Gateway Meter Reading	2	$146,000			
Awning for Metal Maintenance Building	2	$10,000			
WASTEWATER					
Collection System Improvements (RTUs) (roll over to 2015)	2	$138,000			
Subtotal Priority 2					
		$294,000			
Total Capital Improvements Water & Sewer Budgets FY2014					
		$2,834,500			
Bridge Budget					
					
Items:					
Engineering, Design & Analysis on Bridge Maintenance Requirements completed in 2014		$0			
Maitenance on Bridge Deck and Repairs		$1,000,000			
Total Capital Improvements Bridge Budget FY2014					
		$1,000,000			
General Fund					
					
Item:					
Rewire Telephone, Instrumentation and Computer Systems Between Plant Bldgs		$15,000			
Total Capital Improvements General Fund Budget FY2014					
		$15,000			
Capital Improvements FY 2016-2020					
					
Reuse System Improvements (pumping and transmission)		$780,000			
WWTP Expansion SBR 0.25 MGD,  Pretreatment Upgrade		$2,160,000			
High Service Pump Station Enclosure		$180,000			
Membrane Replacement		$250,000			
Total Capital Improvements FY 2016-2020					
		$3,370,000			

##	Only Priority 1 items included in W&S budget and any additional Capital Improvements must be funded from surplus

	Carryover from previous years budget or carry forward to future year Completed Projects

Page 5

DUNES COMMUNITY DEVELOPMENT DISTRICT

GENERAL FUND BUDGET ASSESSMENT SUMMARY

FY 2015

COUNTY TAX YEAR 2014

	PHASE	$					
MAINTENANCE ASSESSMENT		200,000					
INTEREST INCOME		0					
TRANSFERS APPLIED TO ADMINISTRATION EXPENSE		92,000					
TRANSFERS APPLIED TO MAINTENANCE EXPENSE		43,000					
TOTAL REVENUES							
		335,000					
							
SUBTOTAL ADMIN. EXPENDITURES	ALL	216,700					
PHASE 1 & 2 MAINTENANCE EXPENSES	PH 1&2	118,300					
PHASE 3 MAINTENANCE EXPENSES	PH 3	0					
							
SUBTOTAL MAINTENANCE EXPENDITURES		118,300					
TOTAL EXPENDITURES							
		335,000					
							
NET INCOME		0					
							
TOTAL ADMIN EXP FROM ASSESSMENT (less surplus)	ALL	124,700					
TOTAL MAINT EXP FROM ASSESSMENT (less surplus & interest)	PH 1&2	75,300					
TOTAL ASSESSMENT		200,000					
							
EXPENDITURES AS % OF GROSS LEVY		59.70%					
				2015	2014		
		UNITS	DOLLARS	$/UNIT	$/UNIT		
ADMINISTRATIVE ASSESSMENT PER UNIT- ALL UNITS-		3438	$124,700	$36.27	$44.68		
PHASE I & II MAINTENANCE ASSESSMENT PER UNIT		3099	$75,300	$24.30	$31.96		
PHASE III MAINTENANCE ASSESSMENT PER UNIT		339	$0	$0.00	$0.00		
TOIL EXPENSES			$200,000	$60.57	76.64		
							
PHASE 1 TOTAL PER UNIT/LOT/ACRE				$60.57	$76.64		
PHASE 2 TOTAL PER UNIT/LOT/ACRE				$60.57	$76.64		
PHASE 3 TOTAL PER UNIT/LOT/ACRE				$36.27	$44.68		
							
			ACTUAL $				
			ASSESSMENT				
ADMINISTRATIVE ASSESSMENT PER UNIT ALL PHASES ($36.27 X 3438)		$124,696				
MAINTENANCE ASSESSMENT PER UNIT PHASES 1&2 ONLY ($24.30 X 3099)		$75,306				
TOTAL ACTUAL ASSESSMENT			$200,002				

Copy of Dunes Budget Revised FY 2015 A 8 15 14  5/28/2015  Page 6

DUNES COMMUNITY DEVELOPMENT DISTRICT BUDGET REVENUE PROJECTIONS

BASED ON NUMBER OF ACCOUNTS AND ACTUAL METERED QUANTITIES FROM AUGUST 1, 2013 TO JULY 31, 2014 FOR BUDGET FY YEAR 2015 (REVISED)
							Revenue											
			Average				producing			Commodity	Monthly	Monthly	Total	Total		
			daily usage	# of acc'ts	2014-2015		2013-2014	AC/acct	Charge	AC	Commodity	Monthly	Gallons		
PHASE I & PHASE II	(gpd)	Jul 31, 2014	additions		accounts	per mo		per 1000 gal		Revenue	Revenue	Revenue	Per Day		
I P01	POT IRRIGATION 5/8	429	6			6	$62.48		$2.42		$375		$187	$562	2,575		
I P02	POT IRRIGATION 1"	0	0			0	$156.20		$2.42		$0		$0	$0	0		
I P03	POT IRRIGATION 1.5"	1,262	5			5	$312.40		$2.42		$1,562		$458	$2,020	6,311		
I P04	POT IRRIGATION 2"	16,509	2			2	$499.84		$2.42		$1,000		$2,397	$3,397	33,018		
IPO5	POT IRRIGATION 3"	51,161	1			1	$937.20		$2.42		$937		$3,714	$4,651	51,161		
	Subtotal Potable Irrigation			14			14	Potable Irrigation		$3,874		$6,756	$10,630	93,064		
																	
I 001	EFFL. IRRIGATION 5/8 SM	605	182	1		183	$21.07		$0.80		$3,856		$2,655	$6,511	110,645		
IA01	EFFL. IRRIGATION 5/8 MED	793	285	3		288	$21.07		$0.80		$6,068		$5,478	$11,547	228,265		
IB01	EFFL. IRRIGATION 3/4 LRG	2,185	150	1		151	$21.07		$0.80		$3,182		$7,918	$11,100	329,925		
I MO2	MIN. M.F./UNITS	0	152			152	$21.07		$0.80		$3,203		$0	$3,203	0		
I 002	EFFL. IRRIGATION 1"	1,243	13			13	$52.68		$0.80		$685		$388	$1,073	16,154		
I 003	EFFL. IRRIGATION 1.5"	3,468	10			10	$105.35		$0.80		$1,054		$832	$1,886	34,682		
I 004	EFFL. IRRIGATION 2.0"	8,893	34			34	$168.56		$0.80		$5,731		$7,257	$12,988	302,367		
I 005	EFFL. IRRIGATION 3.0"	14,595	8			8	$316.05		$0.80		$2,528		$2,802	$5,331	116,763		
I 006	EFFL. IRRIGATION 4.0"	28,472	3			3	$526.75		$0.80		$1,580		$2,050	$3,630	85,416		
I 100	EFFL. IRRIGATION HDGC	223,877	1			1	$12,595.00		$0.40		$12,595		$2,687	$15,282	223,877		
I 101	EFFL. IRRIGATION-OHGC	397,547	1			1	$2,839.40		$0.40		$2,839		$4,771	$7,610	397,547		
I 999	CONSUMPTION ONLY DCDD	9,331	1			1	$0.00						$0	$0	9,331		
	Subtotal Irrgation Acctounts		867			872	Effluent Irrigation		$47,194		$43,595	$90,789	1,948,038		
																	
S M02	SEWER MIN. M.F./UNIT	0	1,290			1,290	$21.92				$28,277			$28,277	0		
S 011	SEWER RESIDENTIAL	124	979	5		984	$21.92		$2.73		$21,569		$10,008	$31,577	122,199		
S 012	SEWER RES 1"	196	14			14	$21.92		$2.73		$307		$225	$532	2,747		
S 014	SEWER RES 2"	0	0			0	$21.92		$2.73		$0		$0	$0	0		
S 015	SEWER RES 3"	0	0			0	$21.92		$2.73		$0		$0	$0	0		
S 001	SEWER NON RES	1,021	24			24	$21.92		$3.83		$526		$2,817	$3,343	24,514		
S 002	SEWER NON RES 1"	439	5			5	$54.80		$3.83		$274		$252	$526	2,194		
																	
S 003	SEWER NON RES 1.5"	2,394	1			1	$109.60		$3.83		$110		$275	$385	2,394		
S 004	SEWER NON RES 2"	996	8			8	$175.36		$3.83		$1,403		$916	$2,319	7,970		
S 005	SEWER NON RES 3"	10,033	2			2	$328.80		$3.83		$658		$2,305	$2,963	20,065		
S 020	SEWER MULTI FAM RES.	3,865	32			32			$2.73		$0		$10,130	$10,130	123,688		
	Subtotal Sewer Accounts		2,355			2,360	Sewer		$53,123		$26,928	$80,051	305,772		
																	
W A01	AVAIL CHARGE 1.5 DU	0	1			1	$0.00				$0			$0	0		
W A02	AVAIL CHARGE (Phase I Lots)	0	101	2		99	$38.89				$3,850			$3,850	0		
W A03	AVAIL CHARGE (Phase I I Lots)	0	649	3		646	$14.69				$9,490			$9,490	0		
W A09	AVAIL CHARGE W/S ONLY	0	4			4	$30.02				$120			$120	0		
	Subtotal Availability Charge Accounts	751			746	Availability Charges		$13,340			$13,340			
																	
W M02	WATER MIN M.F./UNIT	0	1,282			1,282	$22.72				$29,127			$29,127	0		
W F01	FIRELINE BY-PASS 5/8"	2	41			41	$22.72		$2.42		$932		$7	$938	92		
W F02	FIRELINE BY-PASS 1"	0	0			0	$56.80		$2.42		$0		$0	$0	0		
W F04	FIRELINE BY-PASS 4"	0	0			0	$181.76		$2.42		$0		$0	$0	0		
W 001	WATER NONRESID. 5/8"	940	29			29	$22.72		$2.42		$659		$1,978	$2,637	27,248		
W 002	WATER NONRESID. 1"	573	6			6	$56.80		$2.42		$341		$249	$590	3,436		
W 003	WATER NONRESID. 1.5"	2,394	1			1	$113.60		$2.42		$114		$174	$287	2,394		
W 004	WATER NONRESID. 2"	851	7			7	$181.76		$2.42		$1,272		$433	$1,705	5,960		
W 005	WATER NONRESID. 3"	10,033	2			2	$340.80		$2.42		$682		$1,457	$2,138	20,065		
W 011	WATER RESIDENTIAL	135	979	5		984	$22.72		$2.42		$22,356		$9,609	$31,965	132,353		
W 012	WATER RESID. 1"	195	14			14	$56.80		$2.42		$795		$198	$993	2,731		
W 014	WATER RESID. 2"	0	0			0	$181.76		$2.42		$0		$0	$0	0		
W 015	WATER RESID. 3"	0	0			0	$340.80		$2.42		$0		$0	$0	0		
W 020	WATER MULTI FAM RES.	3,866	32			32			$2.42		$0		$8,983	$8,983	123,728		
W 888	CONSUMPTION ONLY DCDD	2,515	1			1	$0.00				$0		$0	$0	2,515		
W 999	CONSUMPTION ONLY DCDD	9,828	1			1	$0.00				$0		$0	$0	9,828		
	Subtotal Water Accounts		2,395			2,400	Water (Excl. Potable Irr.)		$56,277		$23,087	$79,365	330,350		
																	
								MONTHLY CHG.		$169,935		$93,610	$263,545			
								ANNUAL MIN. CHG.		$2,039,217						
								ANNUAL COMMODITY CHG.			$1,123,325				
								ANNUAL TOTAL REVENUES				$3,162,542			
								METER FEES						$8,000			
								INTEREST INCOME				$20,000			
								BACKFLOW PREV.				$100			
								MISCELLANEOUS INCOME				$10,000			
								CITY OF PALM COAST LEASE				$40			
								SUBTOTAL (CONNECTION FEES EXCLUDED)		$3,200,682			
								ALLOWANCE FOR UNCOLLECTABLE ACCOUNTS	($25,000)			
								CONNECTION FEES (5 WATER, SEWER & IRR. PHASE I)	$18,000			
								TOTAL REVENUE (CONNECTION FEES INCLUDED)	$3,193,682			
																		
								SUMMARY PER MONTH:						gal./day		
								Water			$69,617		$23,087	$92,705	330,350		
								Wastewater			$53,123		$26,928	$80,051	305,772		
								Effluent Reuse			$31,760		$39,340	$71,100	1,326,613		
								Golf Course			$15,434		$7,457	$22,891	621,424		
								Subtotal			$169,935		$96,813	$266,748			
																
								SUMMARY PER YEAR:								
								Water			$835,407		$277,048	$1,112,455			
								Wastewater			$637,477		$323,139	$960,617			
								Effluent Reuse			$381,120		$472,084	$853,204			
								Golf Course			$185,213		$89,485	$274,698			
								Subtotal			$2,039,217		$1,161,756	$3,200,974			

Copy of Dunes Budget Revised FY 2015 A 8 15 14  5/28/2015	Page 8