Delta Farms Water Control District

Final Budget For Fiscal Year 2023/2024
October 1, 2023 - September 30, 2024

CONTENTS

FINAL BUDGET

DETAILED FINAL BUDGET

ASSESSMENT COMPARISON

FINAL BUDGET
DELTA FARMS WATER CONTROL DISTRICT FISCAL YEAR 2023/2024
OCTOBER 1, 2023 - SEPTEMBER 30, 2024

REVENUES	
FISCAL YEAR 2023/2024
BUDGET	
O&M (Operation & Maintenance) Assessments	220,685	
Other Revenues	0	
Interest Income	240	
		
TOTAL REVENUES	$	220,925	
		
EXPENDITURES		
Administrative Expenditures		
Management	24,000	
Legal	3,500	
Engineering	18,000	
Assessment Roll	0	
Audit Fees	6,100	
Insurance	13,200	
Legal Advertisements	1,500	
Miscellaneous	2,000	
Postage	250	
Office Supplies	250	
Dues & Subscriptions	0	
Website Management & ADA Compliance	0	
Net Loss On FMIT Funds	0	
Administrative	0	
Total Administrative Expenditures	$	68,800	
		
Maintenance Expenditures		
Aquatic Weed Control	28,500	
Canal Maintenance	5,000	
Fuel	62,500	
Repairs	20,000	
R/W Maintenance	25,000	
Supplies	1,000	
Water Quality Testing	1,250	
Reserves	13,434	
Total Maintenance Expenditures	$	156,684	
		
Total O&M Expenditures	$	225,484	
		
REVENUES LESS EXPENDITURES	$	(4,559)	
		
Debt Payments	0	
		
BALANCE	$	(4,559)	
		
County Appraiser & Tax Collector Fee	(4,414)	
Discounts For Early Payments	(8,827)	
		
EXCESS/ (SHORTFALL)	$	(17,800)	
		
CARRYOVER FROM PRIOR YEAR	17,800	
		
NET EXCESS/ (SHORTFALL)	$	-	

7/9/2023 2:34 PM	I

DETAILED FINAL BUDGET
DELTA FARMS WATER CONTROL DISTRICT FISCAL YEAR 2023/2024
OCTOBER 1, 2023 - SEPTEMBER 30, 2024

REVENUES	
FISCAL YEAR 2021/2022 ACTUAL	
FISCAL YEAR 2022/2023 BUDGET	
FISCAL YEAR 2023/2024 BUDGET	

COMMENTS	
O&M (Operation & Maintenance) Assessments	198,180	210,650	220,685	Expenditures Less Interest/.94	
Other Revenues	1,197	0	0		
Interest Income	734	0	240	Interest Projected At $20 Per Month	
					
TOTAL REVENUES	$	200,111	$	210,650	$	220,925		
					
EXPENDITURES					
Administrative Expenditures					
Management	16,963	22,000	24,000	$2,000 X 12 Months	
Legal	3,286	6,600	3,500		
Engineering	9,568	6,000	18,000	Fiscal Year 2022/2023 Expenditure Through Feb 2023 Is $16,656	
Assessment Roll	0	0	0	Included In Management Fee	
Audit Fees	6,000	0	6,100	Accepted Amount For 2022/2023 Audit	
Insurance	13,411	12,000	13,200	Fiscal Year 2022/2023 Expenditure Was $12,856	
Legal Advertisements	0	0	1,500	Fiscal Year 2022/2023 Expenditure Through Feb 2023 Is $894	
Miscellaneous	1,631	2,000	2,000	No Change From 2022/2023 Budget	
Postage	0	0	250		
Office Supplies	340	250	250	No Change From 2022/2023 Budget	
Dues & Subscriptions	175	0	0	Annual Fee Due Department Of Economic Opportunity	
Website Management & ADA Compliance	0	0	0	Included In Management Fee	
Net Loss On FMIT Funds	32,450	0	0		
Administrative	7,710	3,911	0	Line Item Eliminated	
Total Administrative Expenditures	$	91,534	$	52,761	$	68,800		
					
Maintenance Expenditures					
Aquatic Weed Control	24,662	20,000	28,500	Fiscal Year 2022/2023 Expenditure Through Jan 2023 Is $15,951	
Canal Maintenance	0	5,000	5,000	No Change From 2022/2023 Budget	
Fuel	57,723	60,000	62,500	$2,500 Increase From 2022/2023 Budget	
Repairs	16,742	20,000	20,000	No Change From 2022/2023 Budget	
R/W Maintenance	23,141	22,500	25,000	$2,500 Increase From 2022/2023 Budget	
Supplies	6,068	1,000	1,000	No Change From 2022/2023 Budget	
Water Quality Testing	722	1,250	1,250	No Change From 2022/2023 Budget	
Reserves	0	15,500	13,434	Reserves	
Total Maintenance Expenditures	$	129,058	$	145,250	$	156,684		
					
Total O&M Expenditures	$	220,592	$	198,011	$	225,484		
					
REVENUES LESS EXPENDITURES	$	(20,481)	$	12,639	$	(4,559)		
					
Debt Payments	0	0	0		
					
BALANCE	$	(20,481)	$	12,639	$	(4,559)		
					
County Appraiser & Tax Collector Fee	(2,152)	(4,213)	(4,414)	Two Percent Of Total Assessment Roll	
Discounts For Early Payments	(8,091)	(8,426)	(8,827)	Four Percent Of Total Assessment Roll	
					
EXCESS/ (SHORTFALL)	$	(30,724)	$	-	$	(17,800)		
					
CARRYOVER FROM PRIOR YEAR	0	0	17,800	Carryover From Prior Year	
					
NET EXCESS/ (SHORTFALL)	$	(30,724)	$	-	$	-		

7/9/2023 2:34 PM	II

Delta Farms Water Control District Assessment Comparison

Fiscal Year	Fiscal Year	Fiscal Year	Fiscal Year	
2020/2021	2021/2022	2022/2023	2023/2024	
Assessment	Assessment	Assessment	Projected Assessment	
Per Unit	Per Unit	Per Unit	Per Unit	

O&M		
$	
88.00		
$	
88.00		
$	
94.00		
$	
98.00	
Total		$	88.00		$	88.00		$	94.00		$	98.00	

* Assessments Include the Following :	 4% Discount for Early Payments
2% County Fees
Tax Collector & Property Appraiser Fee

Community Information:		 Units (One Unit = 1 Acre)	2,252.00

7/9/2023 2:34 PM	III