Ave Maria Master Irrigation Utility

Amended Final Budget For Fiscal Year 2021/2022
October 1, 2021 - September 30, 2022

AMENDED FINAL BUDGET
AVE MARIA MASTER IRRIGATION UTILITY FISCAL YEAR 2021/2022
OCTOBER 1, 2021 - SEPTEMBER 30, 2022

REVENUES	FISCAL YEAR 2021/2022 ANNUAL BUDGET	FISCAL YEAR 2021/2022
AMENDED FINAL BUDGET	YEAR TO DATE ACTUAL
10/1/2021 - 9/29/2022	
Ave Maria Utility Revenue (Irrigation)	1,113,720	1,253,135	1,253,135	
Developer Contribution	359,436	0	0	
Connection Fees	7,950	0	0	
Installations	97,653	0	0	
Miscellaneous Revenue	2,200	0	0	
Peninsula True-Up Of Expenditures	0	0	0	
Total Revenues	$	1,580,959	$	1,253,135	$	1,253,135	
				
EXPENDITURES				
Labor & Benefits	348,215	348,215	348,215	
Chemicals	6,000	6,000	6,000	
Electricity	176,624	176,624	176,624	
Repairs & Maintenance	169,575	169,575	169,575	
Testing	1,550	1,550	1,550	
Meter Purchase	220,845	220,845	220,845	
Meter Installation	8,050	8,050	8,050	
Other Direct Costs	144,080	144,080	144,080	
Management Fee	134,367	134,367	134,367	
Administration Fee	8,000	8,000	8,000	
AMUC Bulk Water Charge (Reclaimed)	363,653	367,395	357,395	
Peninsula True-Up Of Expenditures	0	55,000	0	
Total Expenditures	$	1,580,959	$	1,639,701	$	1,574,701	
				
Excess/ (Shortfall)	$	-	$	(386,566)	$	(321,566)	

FUND BALANCE AS OF 9/30/2021	
PROJECTED FY 2021/2022 ACTIVITY	

PROJECTED FUND BALANCE AS OF 9/30/2022	

$	391,149	
$	(386,566)	
$	4,583	

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