Central Lake
Community Development District

Adopted Budget
FY 2023

Table of Contents

1

2-5

6

7-9

	Water & Sewer Fund

	Water & Sewer Narrative

	Reservation & Maintenance Fund

	Reservation & Maintenance Narrative

CENTRAL LAKE
Community Development District

Water & Sewer Fund Budget Fiscal Year 2023

	ADOPTED
BUDGET	ACTUAL
THRU	NEXT
2	PROJECTED
THRU	ADOPTED
BUDGET	
	FY2022	07/31/22	MONTHS	9/30/22	FY2023	

REVENUES:						
Water Revenue	$130,000	$138,612	$24,545	$163,156	$170,000	
Sewer Revenue	$148,572	$136,215	$28,252	$164,468	$189,813	
Wholesale Sewer Revenue - Lot Closings	$50,688	$50,669	$11,654	$62,323	$69,926	
Wholesale Sewer Revenue - Boondocks	$3,888	$3,240	$648	$3,888	$3,888	
Wholesale Sewer Revenue - School	$3,000	$3,461	$235	$3,696	$4,000	
Wholesale Sewer Revenue - BishopsGate	$23,155	$23,155	$0	$23,155	$23,155	
Wholesale Sewer Revenue - Mission Carmel	$16,428	$16,428	$0	$16,428	$17,921	
Mission Inn Irrigation	$10,000	$4,391	$609	$5,000	$10,000	
Las Colinas HOA Irrigation	$45,000	$25,191	$5,500	$30,691	$40,000	
Miscellaneous Income	$2,000	$2,447	$453	$2,900	$2,500	
CIAC/Meter Fees	$32,500	$123,100	$0	$123,100	$25,000	
Interest	$0	$12	$8	$20	$0	
TOTAL REVENUES	$465,231	$526,920	$71,905	$598,825	$556,204	

EXPENDITURES:						
Administrative:						
Attorney Fees	$5,000	$791	$420	$1,211	$5,000	
Engineering	$3,500	$6,031	$375	$6,406	$3,500	
Annual Audit	$3,500	$3,500	$0	$3,500	$3,600	
Management Fees	$37,132	$30,943	$6,189	$37,132	$37,132	
Information Technology	$1,600	$1,333	$267	$1,600	$1,800	
Website Maintenance	$800	$667	$133	$800	$1,000	
Telephone	$50	$0	$10	$10	$25	
Postage	$1,750	$1,267	$263	$1,530	$1,750	
Insurance	$3,638	$3,422	$0	$3,422	$4,110	
Printing & Binding	$500	$184	$46	$230	$350	
Legal Advertising	$1,500	$2,366	$0	$2,366	$1,500	
Office Supplies	$500	$84	$246	$330	$500	
Property Taxes	$1,300	$1,081	$0	$1,081	$1,300	
Dues, Licenses & Subscriptions	$175	$175	$0	$175	$175	
Other Current Charges	$3,500	$2,536	$559	$3,095	$3,500	
Total Administrative	$64,444	$54,380	$8,508	$62,888	$65,242	

Operations:						
Electric	$30,000	$83,756	$27,207	$110,963	$125,000	
Testing	$20,000	$0	$0	$0	$0	
Sludge Pumping	$15,000	$23,260	$3,900	$27,160	$25,000	
Labor	$10,000	$7,195	$1,439	$8,634	$8,634	
Chemicals	$8,100	$11,362	$2,138	$13,500	$13,500	
Repairs	$25,000	$6,808	$1,192	$8,000	$20,000	
Mowing	$2,000	$988	$760	$1,748	$2,000	
Backup Fuel	$1,500	$0	$0	$0	$334	
Property Insurance	$5,513	$5,764	$0	$5,764	$6,925	
Dues, Licenses & Subscriptions	$2,500	$2,390	$0	$2,390	$2,500	
Utility Maintenance	$4,000	$41,381	$19,553	$60,934	$98,290	
Plant Lease	$269,175	$136,591	$95,705	$232,296	$188,780	
Contingency	$8,000	$0	$0	$0	$0	
Total Operations	$400,787	$319,495	$151,895	$471,389	$490,963	
						
TOTAL EXPENDITURES	$465,231	$373,875	$160,402	$534,277	$556,204	
						
EXCESS REVENUES (EXPENDITURES)	$0	$153,046	($88,497)	$64,548	$0	

REVENUES:
WATER REVENUE
Represents charges for potable water consumption to the District’s utility customers. The fee is based upon adopted rates set by the District’s Board of Supervisors.

SEWER REVENUE
Represents charges for wastewater treatment to the District’s utility customers. The monthly fee is $38.59 per residential sewer account for customers connected to potable water and sewer service and $44.10 per residential account for customers connected only to sewer service.

WHOLESALE SEWER REVENUE
Represents sewer only charged to Town of Howey in the Hills, for meter sewer from the School based on monthly usage, Boondocks Restaurant which pays a flat rate per month and Bishops Gate and Mission Carmel Condominium Association which pays a flat rate annually.

MISSION INN IRRIGATION
Represents all the irrigation water used for Mission Inn Resort property.

LAS COLINAS HOA IRRIGATION
Currently there are 20 accounts, which represent irrigation water used by the HOA.

MISCELLANEOUS INCOME
Each new account that is added to the Utility System or change in resident is charged an activation fee. The District anticipates 4 new/changed connections for Fiscal Year 2023, and the current rate is $50 per account. Also, included in this category are the late fee penalties and disconnection fees.

CIAC/METER FEES
Each new account that is added to the Utility System is charged for Contribution in Aid of Construction (CIAC) and a meter fee and the current charges are as follows:

CIAC – Water	$2,175.00	
CIAC – Sewer	$4,275.00	
Meter Fee	$498.75	

EXPENDITURES:
ADMINISTRATIVE:

ATTORNEY FEES
The District’s legal counsel, Gonano & Harrell, will be providing general legal services, i.e. attendance and preparation for Board of Supervisors’ meetings, review operating and maintenance contracts, etc. The expense will be split 50/50 with the RAM fund.

ENGINEERING
The District's Engineer will be providing general engineering services to the District, i.e., attendance and preparation for Board of Supervisors’ meetings, review of invoices and requisitions and various projects assigned as directed by the Board of Supervisors and the District Manager.

ANNUAL AUDIT
The District is required by Florida Statutes to contract with an independent certified public account for an audit of its financial records on an annual basis. The District has contracted with Berger, Toombs, Elam, Gaines & Frank for this service.

MANAGEMENT FEES
The District has contracted with Governmental Management Services-Central Florida, LLC to provide Management, Accounting and Recording Secretary Services for the District. The services include, but not limited to, recording and transcription of board meetings, administrative services, budget preparation, all financial reporting, annual audits, etc.

INFORMATION TECHNOLOGY
The District has contracted with Governmental Management Services-Central Florida, LLC for costs related to District’s information systems, which include but are not limited to video conferencing services, cloud storage services and servers, security, accounting software, etc.

WEBSITE MAINTENANCE
The District has contracted with Governmental Management Services-Central Florida, LLC for the cost associated with monitoring and maintaining the District’s website created in accordance with Chapter 189, Florida Statutes. These services include site performance assessments, security and firewall maintenance, updates, document uploads, hosting and domain renewals, website backups, etc.

TELEPHONE
Telephone and fax expenses.

POSTAGE
The charges for the mailing of Board meeting agendas, checks for vendors, invoices for utility billing customers and any other required correspondence.

INSURANCE
The District currently has General Liability and Public Officials’ coverages with Florida Insurance Alliance (FIA). FIA specialized in providing insurance coverage for governmental agencies. This expense will be split 50/50 with the RAM fund.

PRINTING & BINDING
Printing and binding agenda packages for Board meetings, printing of utility bills, stationary, envelopes, etc.

LEGAL ADVERTISING
The District is required to advertise various notices for Board meetings, public hearings, etc. in a newspaper of general circulation.

OFFICE SUPPLIES
The District incurs charges for supplies that may need to be purchased during the fiscal year including copier and printer toner cartridges, paper, pens, file folders, labels, paper clips, binders and other such office supplies.

PROPERTY TAXES
The District currently has two folios with ad valorem taxes that are paid annual to Bob McKee, Lake County Tax Collector. This expense is split 50/50 with the RAM fund.

Parcel: 2620250003-000-01300
Parcel: 2720250001-000-02400

DUES, LICENSES & SUBSCRIPTIONS
The District is required to pay an annual fee to the Department of Economic Opportunity for
$175.

OTHER CURRENT CHARGES
Represents bank charges and any other expenses incurred during the fiscal year.

OPERATIONS:

ELECTRIC
The District currently has six (6) accounts with Duke Energy. They are as follows:

Account#	Address	Amount	Amount	
9100 8904 1731	26325 Avenida Las Colinas Lift	$110	$1,320	
9100 8904 1905	10400 County Road 48, Wtr Trmt Plant	$1,050	$12,600	
9100 8904 2097	26325 Avenida Las Colinas Sewer Plant	$6,700	$80,400	
9100 8904 2295	10400 County Road 48, Waste Water Plant	$1,000	$12,000	
9100 8904 2500	9251 Avenida San Pablo Lift Station	$30	$360	
9100 8904 2675	26000 Avenida Las Colinas	$120	$1,440	
	Contingency		$16,880	
Total			$125,000	

For FY2022, this expense was allocated 80% to Water & Sewer ($28,000) and 20% to RAM ($7,000). For FY2023, Water & Sewer fund will cover 100% of electric expenses.

SLUDGE PUMPING
The District must have sludge pumped from the plant, transported out for treatment and disposal.

LABOR
The District utilizes employees of Mission Inn Resort to perform various services on behalf of the District.

Description	Monthly
Amount	Annual
Amount	
Onsite Contracted Services
Total	$720	$8,634	
		$8,634	

CHEMICALS
The District purchases various chemicals used in conjunction with the wastewater treatment plant from Hawkins, Inc. For FY2022, this expense will be split 90/10 with the RAM fund. For FY2023, Water & Sewer fund will cover 100% of this expense.

REPAIRS
Represents all maintenance and repair work performed in the District water facility.

MOWING
The District utilizes employees of Mission Inn Resort to mow/maintain District property. This expense will be allocated 20% to Water & Sewer and 80% to RAM.

PROPERTY INSURANCE
The District currently has Property coverage with Florida Insurance Alliance (FIA). FIA specialized in providing insurance coverage for governmental agencies. This expense will be split 50/50 with the RAM fund.

DUES & LICENSES
Represents any necessary dues and licenses associated with the operation of the water and wastewater facility.

UTILITY MAINTENANCE
The District will contract with a vendor to service water and wastewater systems to insure reliability. The monthly plant inspection, collection and analysis of samples, well monitoring etc. General Utilities is currently providing these services.

PLANT LEASE
The lease rent paid to Sewer & Water Plant Investments, LLC. Fee is paid as a fixed monthly amount of $13,659.09, plus year end surplus revenues calculated based upon agreement with the District.

CENTRAL LAKE
Community Development District

Reservation & Maintenance Fund Budget Fiscal Year 2023

	ADOPTED
BUDGET	ACTUAL
THRU	NEXT
2	PROJECTED
THRU	ADOPTED
BUDGET	
	FY2022	07/31/22	MONTHS	9/30/22	FY2023	

REVENUES:						
RAM Sewer Revenue	$108,000	$89,856	$17,652	$107,508	$105,792	
RAM Water Revenue	$0	$0	$0	$0	$6,000	
Miscellaneous Income	$0	$60	$0	$60	$0	
Interest	$200	$98	$27	$125	$50	
Carry Forward Surplus	$234,640	$124,444	$0	$124,444	$40,964	
TOTAL REVENUES	$342,840	$214,458	$17,679	$232,137	$152,806	

EXPENDITURES:						
Administrative:						
Attorneys Fees	$10,000	$791	$420	$1,211	$5,000	
Postage	$250	$62	$14	$76	$150	
Insurance	$3,638	$3,422	$0	$3,422	$4,110	
Legal Advertising	$500	$0	$0	$0	$0	
Property Taxes	$1,300	$1,081	$0	$1,081	$1,300	
Other Current Charges	$1,000	$0	$0	$0	$500	
Total Administrative	$16,688	$5,356	$434	$5,790	$11,060	

Operations:						
Electric	$7,500	$11,906	$0	$11,906	$0	
Repairs & Maintenance	$5,000	$33,613	$0	$33,613	$26,000	
Mowing	$8,000	$3,951	$3,040	$6,991	$8,000	
Property Insurance	$5,513	$5,764	$0	$5,764	$6,925	
Refuse Service	$1,600	$1,239	$247	$1,486	$1,600	
Operating Supplies	$5,000	$7,674	$826	$8,500	$8,500	
Chemicals	$1,000	$684	$0	$684	$0	
Permits	$5,000	$3,313	$0	$3,313	$5,000	
Reserves	$45,700	$0	$0	$0	$0	
Utility Maintenance	$0	$26,501	$6,518	$33,018	$32,763	
Capital Outlay	$15,000	$80,106	$0	$80,106	$52,958	
Total Operations	$99,313	$174,752	$10,631	$185,383	$141,746	
						
TOTAL EXPENDITURES	$116,000	$180,108	$11,065	$191,173	$152,806	
						
EXCESS REVENUES (EXPENDITURES)	$226,840	$34,350	$6,614	$40,964	$0	

REVENUES:
RAM REVENUE
The District adopted a Reservation and Maintenance Fee (“RAM Fee”). The Sewer RAM fee is
$4.00 per month per equivalent residential connection (ERC) for undeveloped lands within the CDD wastewater service area and undeveloped lands within the Town of Howey-in-the-Hills subject to the Wholesale Wastewater Service Agreement. The Water RAM fee is $2.00 per month per lot for undeveloped lots within the CDD water service area..

MISCELLANEOUS INCOME
Represents penalties on RAM accounts for late payment of monthly charges. The rate is 1.5% per month on outstanding balances.

INTEREST
The District generates funds off of funds invested with the State Board of Administration.

EXPENDITURES:
ADMINISTRATIVE:

ATTORNEY FEES
The District’s legal counsel will be providing general legal services, i.e. attendance and preparation for Board of Supervisors’ meetings, review operating and maintenance contracts, etc. The expense will be split 50/50 with the Water & Sewer fund.

POSTAGE
The charges for the mailing of Board meeting agendas, checks for vendors, invoices for utility billing customers and any other required correspondence

INSURANCE
The District currently has General Liability and Public Officials’ coverages with Florida Insurance Alliance (FIA). FIA specialized in providing insurance coverage for governmental agencies. This expense will be split 50/50 with the Water & Sewer fund.

PROPERTY TAXES
The District currently has two folios with ad valorem taxes that are paid annual to Bob McKee, Lake County Tax Collector. This expense is split 50/50 with the Water & Sewer fund.

Parcel: 2620250003-000-01300
Parcel: 2720250001-000-02400

OTHER CURRENT CHARGES
Represents bank charges and any other expenses incurred during the fiscal year.

OPERATIONS:

ELECTRIC
The District currently has six (6) accounts with Duke Energy. They are as follows:

Account#	Address	Amount	Amount	
9100 8904 1731	26325 Avenida Las Colinas Lift	$110	$1,320	
9100 8904 1905	10400 County Road 48, Wtr Trmt Plant	$1,050	$12,600	
9100 8904 2097	26325 Avenida Las Colinas Sewer Plant	$6,700	$80,400	
9100 8904 2295	10400 County Road 48, Waste Water Plant	$1,000	$12,000	
9100 8904 2500	9251 Avenida San Pablo Lift Station	$30	$360	
9100 8904 2675	26000 Avenida Las Colinas	$120	$1,440	
	Contingency		$16,880	
Total			$125,000	

For FY2022, this expense was allocated 80% to Water & Sewer ($28,000) and 20% to RAM ($7,000). For FY2023, Water & Sewer fund will cover 100% of electric expenses.

REPAIRS & MAINTENANCE
Represents all maintenance and repair work performed in the facility.

MOWING
The District utilizes employees of Mission Inn Resort to mow/maintain District property. This expense will be allocated 20% to Water & Sewer and 80% to RAM.

PROPERTY INSURANCE
The District currently has Property coverage with Florida Insurance Alliance (FIA). FIA specialized in providing insurance coverage for governmental agencies. This expense will be split 50/50 with the Water & Sewer fund.

REFUSE SERVICE
The District has a contract with Waste Management for the rental of a dumpster.

Account#	
Address	Monthly
Amount	Annual
Amount	
16-45237-03006

Total	10400 County Road 48 Treatment Plant Contingency	$122	$1,459
$141	
			$1,600	

OPERATING SUPPLIES
Represents estimated costs of any supplies purchased for onsite operations, repairs and maintenance not included in other budgeted line items.

CHEMICALS
The District purchases various chemicals used in conjunction with the wastewater treatment plant from Hawkins, Inc. For FY2022, this expense will be split 90/10 with the RAM fund. For FY2023, Water & Sewer fund will cover 100% of this expense.

PERMITS
Represents estimated costs for any permit fees that may be required during the fiscal year.

UTILITY MAINTENANCE
The District will contract with a vendor for service the water system to insure reliability. The monthly plant inspection, collection and analysis of samples, well monitoring etc. General Utilities is currently providing these services.

CAPITAL OUTLAY
Represents estimated costs for capital outlay expenses.