Ave Maria Master Irrigation Utility

Final Budget For Fiscal Year 2019/2020
October 1, 2019 - September 30, 2020

FINAL AVE MARIA MASTER IRRIGATION UTILITY BUDGET AVE MARIA STEWARDSHIP COMMUNITY DISTRICT FISCAL YEAR 2019/2020
OCTOBER 1, 2019 - SEPTEMBER 30, 2020

REVENUES	FISCAL YEAR 2017/2018 ACTUAL	FISCAL YEAR 2018/2019 BUDGET	FISCAL YEAR 2019/2020 BUDGET	

COMMENTS	

AMUC Income	
610,114	
668,250	
703,400	
Approximately 3/5 of Expenditures	

Developer Contribution	
136,171	
222,750	
469,000	
Approximately 2/5 of Expenditures	

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

Total Revenues	
$	746,285	
$	966,000	
$	1,172,400		

EXPENDITURES					

Operating Fee	
518,382	
726,000	
890,400	
Estimate of $74,200 per Month	

AMUC Bulk Water Charge	
232,708	
240,000	
282,000	
Estimate of $23,500 per Month	

Other Expenses	
0	
0	
0		

Total Expenditures	
$	751,089	
$	966,000	
$	1,172,400		

Excess / (Shortfall)	
$	(4,804)	
$	-	
$	-		

Note: Utility Fund Balance As Of 9/30/18 Was $46,735