Ave Maria Master Irrigation Utility

Final Budget For Fiscal Year 2018/2019
October 1, 2018 - September 30, 2019

FINAL AVE MARIA MASTER IRRIGATION UTILITY BUDGET AVE MARIA STEWARDSHIP COMMUNITY DISTRICT FISCAL YEAR 2018/2019
OCTOBER 1, 2018 - SEPTEMBER 30, 2019

REVENUES	FISCAL YEAR 2016/2017 ACTUAL	FISCAL YEAR 2017/2018 BUDGET	FISCAL YEAR 2018/2019 BUDGET	

COMMENTS	

AMUC Income	
581,024	
580,500	
668,250	
Approximately 3/4 of Expenditures After True-Up	

Developer Contribution	
67,000	
193,500	
222,750	
Approximately 3/4 of Expenditures After True-Up	

Peninsula True-Up Of Expenditures	
61,197	
0	
75,000	
Estimate Of True-Up Of Expenditures	

Total Revenues	
$	709,221	
$	774,000	
$	966,000		

EXPENDITURES					

Operating Fee	
590,867	
600,000	
726,000	
Estimate of $60,500 per Month	

AMUC Bulk Water Charge	
189,438	
174,000	
240,000	
Estimate of $20,000 per Month	

Other Expenses	
0	
0	
0		

Total Expenditures	
$	780,305	
$	774,000	
$	966,000		

Excess / (Shortfall)	
$	(71,084)	
$	-	
$	-		

Note: Utility Fund Balance As Of 9/30/17 Was $51,539