Central Lake
Community  Development  District

Proposed Budget FY2026

Table of Contents

1

2-5

6

Water & Sewer Fund

Water & Sewer Narrative

Reservation & Maintenance Fund

7-8	Reservation & Maintenance Narrative

Central Lake
Community Development District Proposed Budget
FY2026
Water & Sewer Fund

Adopted
Budget	Actual
Thru	Projected
Next	Total
Projected	Proposed
Budget	
FY2025	4/30/25	5 Months	9/30/25	FY2026	

Revenues:		
Water Revenue	$	268,345	$	149,699	$	118,646	$	268,345	$	276,395	
Sewer Revenue	221,705	132,051	94,601	226,653	233,460	
Wholesale Sewer Revenue - Venezia/Talichet	102,470	71,009	57,673	128,681	138,414	
Wholesale Sewer Revenue - Boondocks	3,888	2,403	1,891	4,294	4,538	
Wholesale Sewer Revenue - ESE Center	3,500	3,013	1,599	4,612	4,500	
Wholesale Sewer Revenue - BishopsGate	23,155	25,734	-	25,734	27,024	
Mission Inn Irrigation	9,000	6,797	3,250	10,047	9,000	
Las Colinas HOA Irrigation	31,950	19,650	14,906	34,556	32,500	
Miscellaneous Income	3,000	1,012	600	1,612	1,500	
CIAC/Meter Fees	54,891	-	7,530	7,530	-	
Interest	100	771	1,700	2,471	2,400	
Total Revenues	$	722,005	$	412,139	$	302,396	$	714,535	$	729,731	

Expenditures:						
Administrative:						
Engineering Fees	$	3,500	$	4,163	$	1,000	$	5,163	$	3,500	
Attorney	12,000	12,906	8,750	21,656	18,000	
Annual Audit	3,600	-	3,200	3,200	3,350	
Management Fees	42,500	24,792	17,708	42,500	45,000	
Information Technology	1,890	1,103	788	1,890	1,947	
Website Maintenance	1,260	735	525	1,260	1,298	
Telephone	25	-	25	25	25	
Postage	1,750	1,143	810	1,953	2,200	
Printing & Binding	350	126	139	265	350	
Insurance	4,190	4,074	-	4,074	4,834	
Legal Advertising	1,500	1,630	1,000	2,630	2,500	
Office Supplies	500	184	226	410	500	
Other Current Charges	1,200	763	400	1,163	1,200	
Bank/ACH Fees	-	-	350	350	3,500	
Property Taxes	1,300	1,067	-	1,067	1,300	
Dues, Licenses & Subscriptions	175	175	-	175	175	
Total Administrative:	$	75,740	$	52,860	$	34,921	$	87,781	$	89,679	
Operations:						
Property Insurance	$	23,905	$	24,535	$	-	$	24,535	$	26,498	
Electric	175,500	90,044	67,000	157,044	175,500	
Backup Fuel	334	-	167	167	334	
Chemicals	15,000	5,699	7,301	13,000	15,000	
Dues, Licenses & Subscriptions	2,500	450	2,155	2,605	2,650	
Labor	8,634	5,037	3,598	8,634	8,634	
Mowing	2,000	1,095	953	2,048	2,064	
Plant Lease	175,383	102,307	73,076	175,383	181,521	
Repairs & Maintenance	45,000	28,708	10,000	38,708	45,000	
Sludge Pumping	40,000	17,464	10,000	27,464	40,000	
Utility Maintenance	105,170	40,781	39,566	80,347	105,170	
Capital Outlay	52,839	2,441	22,559	25,000	37,681	
Total Operations:	$	646,265	$	318,561	$	236,375	$	554,936	$	640,052	
						
Total Expenditures	$	722,005	$	371,421	$	271,296	$	642,716	$	729,731	
						
Excess Revenues (Expenditures)	$	(0)	$	40,718	$	31,100	$	71,819	$	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
$45.05 per residential sewer account for customers connected to potable water and sewer service and $51.48 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 ESE Center 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 2026, 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 proposed charges are as follows:

CIAC – Water	$2,327.25	
CIAC – Sewer	$4,574.25	
Meter Fee	$533.66	

INTEREST
Represents estimated interest from invested funds.

EXPENDITURES:

ADMINISTRATIVE:
ENGINEERING FEES
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.

ATTORNEY FEES
The District’s legal counsel, Stone & Gerken, P.A., 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.

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 DiBartolomeo, McBee, Hartley & Barnes 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, positive pay implementation and programming for fraud protection, accounting software, Adobe, Microsoft Office, 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.

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

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.

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.

OTHER CURRENT CHARGES
Represents miscellaneous expenses such as automated notification services provided to account holders.

BANK/ACH FEES
Represents estimated costs for monthly bank services that include online bank drafting, credit card and e-check payments and portal maintenance.

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 Commerce for $175.

OPERATIONS:

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.

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

Account#	
Address	Monthly
Amount	Annual
Amount	
9100 8904 1731	26325 Avenida Las Colinas Lift	$100	$1,200	
9100 8904 1905	10400 County Road 48, Wtr Trmt Plant	$1,490	$17,880	
9100 8904 2097	26325 Avenida Las Colinas Sewer Plant	$12,300	$147,600	
9100 8904 2295	10400 County Road 48, Waste Water Plant	$150	$1,800	
9100 8904 2500	9251 Avenida San Pablo Lift Station	$35	$420	
9100 8904 2675	26000 Avenida Las Colinas	$150	$1,800	
	Contingency		$4,800	
Total			$175,500	

BACKUP FUEL
Represents estimated costs for purchase of fuel for back up generators.

CHEMICALS
The District purchases various chemicals used in conjunction with the wastewater treatment plant.

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

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	$720	$8,634	
Total	$8,634	

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.

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

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

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

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. This expense is allocated a 75% to Water & Sewer and 25% to RAM.

CAPITAL OUTLAY
Represents estimated costs for capital outlay related expenses.

Central Lake
Community Development District Proposed Budget
FY2026
Reservation & Maintenance Fund

Adopted
Budget	Actual
Thru	Projected
Next	Total
Projected	Proposed
Budget	
FY2025	4/30/25	5 Months	9/30/25	FY2026	

Revenues:		
RAM Sewer Revenue	$	151,848	$	65,400	$	91,774	$	157,174	$	197,208	
Miscellaneous Income	-	532	400	932	-	
Interest	600	487	600	1,087	1,200	
Carry Forward Surplus	41,018	-	-	-	-	
Total Revenues	$	193,466	$	66,420	$	92,774	$	159,194	$	198,408	

Expenditures:						
Administrative:						
Attorney	$	12,000	$	12,906	$	8,750	$	21,656	$	18,000	
Postage	150	53	43	96	150	
Insurance	4,190	4,074	-	4,074	4,834	
Other Current Charges	500	-	250	250	500	
Property Taxes	1,300	1,067	-	1,067	1,300	
Total Administrative:	$	18,140	$	18,100	$	9,043	$	27,143	$	24,784	
Operations:						
Property Insurance	$	23,905	$	24,535	$	-	$	24,535	$	26,498	
Mowing	8,000	4,380	3,812	8,192	8,256	
Operating Supplies	7,500	-	3,750	3,750	7,500	
Permits	5,000	-	5,000	5,000	5,000	
Refuse Service	720	183	279	462	900	
Repairs & Maintenance	26,000	-	-	-	26,000	
Utility Maintenance	32,763	13,593	13,189	26,782	32,763	
Capital Outlay	71,438	-	35,719	35,719	66,707	
Total Operations:	$	175,326	$	42,692	$	61,749	$	104,441	$	173,624	
						
Total Expenditures	$	193,466	$	60,792	$	70,791	$	131,584	$	198,408	
						
Excess Revenues (Expenditures)	$	-	$	5,627	$	21,982	$	27,610	$	0	

REVENUES:
RAM REVENUE
The District adopted a Reservation and Maintenance Fee (“RAM Fee”). The Sewer RAM fee is $6.00 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.

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, Stone & Gerken, P.A., 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.

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

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

OPERATIONS:
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.

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.

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

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

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	10400 County Road 48 Treatment Plant
Contingency	$70	$840
$60	
Total			$900	

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

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.