Ave Maria Master Irrigation Utility

Amended Final Budget For Fiscal Year 2020/2021
October 1, 2020 - September 30, 2021

AMENDED FINAL BUDGET
AVE MARIA MASTER IRRIGATION UTILITY FISCAL YEAR 2020/2021
OCTOBER 1, 2020 - SEPTEMBER 30, 2021

REVENUES	FISCAL YEAR 2020/2021 ANNUAL BUDGET	FISCAL YEAR 2020/2021
AMENDED FINAL BUDGET	YEAR TO DATE ACTUAL
10/1/2020 - 9/29/2021	
Ave Maria Utility Revenue (Irrigation)	978,469	1,013,650	1,013,650	
Developer Contribution	470,098	391,748	391,748	
Connection Fees	3,950	0	0	
Installations	33,731	0	0	
Miscellaneous Revenue	2,200	0	0	
Peninsula True-Up Of Expenditures	0	0	0	
Total Revenues	$	1,488,448	$	1,405,398	$	1,405,398	
				
EXPENDITURES				
Labor & Benefits	246,032	246,028	246,028	
Chemicals	4,680	4,681	4,681	
Electricity	171,546	171,543	171,543	
Repairs & Maintenance	450,830	450,828	450,828	
Testing	2,400	2,401	2,401	
Meter Purchase	83,785	83,789	83,789	
Meter Installation	4,207	4,207	4,207	
Other Direct Costs	45,534	45,536	45,536	
Management Fee	126,127	126,127	126,127	
AMUC Bulk Water Charge (Reclaimed)	353,307	326,731	326,731	
Peninsula True-Up Of Expenditures	0	100,000	0	
Total Expenditures	$	1,488,448	$	1,561,871	$	1,461,871	
				
Excess/ (Shortfall)	$	-	$	(156,473)	$	(56,473)	

FUND BALANCE AS OF 9/30/2020	
PROJECTED FY 2020/2021 ACTIVITY	

PROJECTED FUND BALANCE AS OF 9/30/2021	

$	218,715	
$	(156,473)	
$	62,242	

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