Delta Farms Water Control District

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

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

REVENUES	FISCAL YEAR 2023/2024 BUDGET
10/1/23 - 9/30/24	AMENDED FINAL BUDGET
10/1/23 - 9/30/24	YEAR TO DATE ACTUAL
10/1/23 - 9/29/24	
O & M ASSESSMENTS	220,685	220,831	220,831	
OTHER REVENUES	0	0	0	
INTEREST INCOME - MONEY MARKET	240	20,192	20,192	
INTEREST INCOME - PRIME	0	402	402	
INTEREST INCOME - FMIT	0	38,974	38,974	
TOTAL REVENUES	$	220,925	$	280,399	$	280,399	
				
EXPENDITURES				
MAINTENANCE EXPENDITURES				
AQUATIC WEED CONTROL	28,500	19,000	12,908	
CANAL MAINTENANCE	5,000	2,000	0	
FUEL	62,500	64,500	64,185	
REPAIRS (PUMP)	20,000	46,000	41,093	
R/W MAINTENANCE (MOWING)	25,000	32,000	26,910	
SUPPLIES	1,000	12,000	11,476	
WATER QUALITY TESTING	1,250	2,000	1,403	
TOTAL MAINTENANCE EXPENDITURES	$	143,250	$	177,500	$	157,975	
				
ADMINISTRATIVE EXPENDITURES				
AUDIT	6,100	6,100	6,100	
ENGINEERING	18,000	19,200	17,565	
INSURANCE	13,200	16,222	16,222	
LEGAL	3,500	2,000	870	
LEGAL ADVERTISING	1,500	1,500	821	
MANAGEMENT	24,000	24,000	24,000	
MISCELLANEOUS	2,000	500	115	
DUES & SUBSCRIPTIONS	0	175	175	
POSTAGE	250	190	201	
OFFICE SUPPLIES	250	350	327	
RESERVES	13,434	6,717	0	
LOSS ON FMIT FUNDS	0	15,000	11,214	
BANK SERVICE CHARGES	0	300	250	
TOTAL ADMINISTRATIVE EXPENDITURES	$	82,234	$	92,254	$	77,860	
				
TOTAL EXPENDITURES	$	225,484	$	269,754	$	235,835	
				
REVENUES LESS EXPENDITURES	$	(4,559)	$	10,645	$	44,564	
				
DEBT PAYMENTS	0	0	0	
				
BALANCE	$	(4,559)	$	10,645	$	44,564	
				
PROPERTY APPRAISER & TAX COLLECTOR FEES	(4,414)	(2,656)	(2,656)	
DISCOUNTS FOR EARLY PAYMENTS	(8,827)	(6,378)	(6,378)	
				
EXCESS/ (SHORTFALL)	$	(17,800)	$	1,611	$	35,530	
				
CARRYOVER FROM PRIOR YEAR	17,800	17,800	0	
				
NET EXCESS/ (SHORTFALL)	$	-	$	19,411	$	35,530	

FUND BALANCE AS OF 9/30/23	$853,441	
FY 2023/2024 ACTIVITY	$	1,611	
FUND BALANCE AS OF 9/30/24	$855,052	

Notes
Carryover From Prior Year Of $17,000 was used to reduce Fiscal Year 2023/2024 Assessments.
$25,470 Of Fund Balance To Be Used To Reduce 2024/2025 Assessments.