ADOPTED BUDGET FY 2023 | 2024

CORAL SPRINGS IMPROVEMENT	DISTRICT

ADOPTED BUDGET FY 2023 | 2024

Table of Contents

Board of Supervisors and Management ....................................... …………….	3
Adopted Budget. 4 -	7
Budget Narrative .......................................................................................... 8-	27

CORAL SPRINGS IMPROVEMENT	DISTRICT
ADOPTED BUDGET FY 2023 | 2024

BOARD OF SUPERVISORS
Curtis J Tiefenbrun, President
Stephen Lytle, Vice President
Benjamin E. Groenevelt, Secretary

MANAGEMENT
Kenneth Cassel, District Manager
Terry Lewis, District Attorney
Rick Olson, District Engineer
David McIntosh, Director of Operations
Jan Zilmer, Human Resources Director
Joe Stephens, Director of Utilities
Sue Beyer, Director of Finance & Accounting

CORAL SPRINGS IMPROVEMENT DISTRICT WATER & SEWER ENTERPRISE FUND
Adopted Budget Fiscal year 2023-2024

DESCRIPTION	

ADOPTED BUDGET
FY 2022-2023

ACTUAL
ENDING 5/31/23		TOTAL
Projected thru 9/30/2023	

Proposed Tentative
FY 2023 2024

REVENUE

WATER REVENUE	
SEWER REVENUE	
STANDBY REVENUE	
PROCESSING FEES	
LIEN INFORMATION FEES	
DELINQUENT FEES	
CONNECTION FEE REVENUE	
METER FEES	
CONTRACT BILLING SERVICES	
CONTRACT HR & PAYROLL SERVICES	
TECHNOLOGY SHARING REVENUE	
INTEREST	
RENT REVENUE	
FED GRANT-BLOWER REPLACEMENT	
MISCELLANEOUS REVENUE	
Carry forward balance	

 
7,486,370		4,949,425		7,424,137		7,860,690	
6,775,552		4,445,321		6,667,982		7,114,330	
3,120		35,680		53,520		25,000	
12,000		7,540		11,310		11,000	
9,000		7,925		11,888		11,000	
170,000		205,350		308,025		200,000	
-		13,400		20,100		14,000	
-		2,675		4,013		3,500	
72,470		48,308		72,462		76,104	
14,521		9,682		14,523		14,952	
16,883		11,255		16,883		17,389	
		434,529		651,794		300,000	
71,249		74,296		111,444		111,955	
500,000		-		500,000		-	
-		45,360		48,039		-	
3,648,911		-		-		4,156,000	

TOTAL REVENUES	

18,780,076

10,290,746

15,916,119

19,922,262

EXPENSES

SALARIES & WAGES	
SPECIAL PAY	
FICA EXPENSE	
PENSION EXPENSE & MATCH	
HEALTH INSURANCE	
WORKER'S COMP. INSURANCE	
EDUCATION	
OPEB EXPENSE	
ENGINEERING FEES	
TRUSTEE FEES	
ATTORNEY FEES	
SPECIAL CONSULTING SERVICES	
CYBERSECURITY & IT SERVICES	
TRAVEL PER DIEM (BOARD)	
ANNUAL AUDIT	
GASB VALUATION FEE	
MANAGEMENT FEES	
TELEPHONE	
POSTAGE	
PRINTING AND BINDING	
ELECTRIC EXPENSE	
RENTALS AND LEASES	
INSURANCE	
REPAIR & MAINTENANCE	
LEGAL ADVERTISING	
EMPLOYMENT ADS	
OTHER CURRENT CHGS-GENERAL	
MONITORING FEES	
EMPLOYMENT SCREENING	

1,140,560	
2,531	
87,253	
136,868	
257,219	
2,625	
31,668	
3,005	
33,600	
10,675	
60,000	
158,000	
100,000	
8,000	
15,750	
3,200	
96,764	
15,200	
55,780	
46,600	
15,400	
3,150	
18,750	
41,000	
4,500	
13,550	
32,950	
600	
3,000	

413,874	
-	
30,640	
56,502	
168,914	
1,082	
-	
-	
6,866	
9,159	
33,127	
76,384	
49,572	
490	
12,300	
2,590	
56,446	
11,047	
34,541	
31,814	
7,300	
313	
9,502	
15,424	
-	
3,532	
6,328	
162	
1,940	

620,811	
-	
45,960	
113,003	
253,371	
1,624	
-	
-	
10,298	
9,159	
49,690	
114,577	
74,358	
735	
12,300	
3,885	
84,669	
16,571	
51,811	
47,722	
10,950	
470	
14,254	
23,136	
-	
5,298	
9,492	
243	
2,910	

843,366	
2,011	
64,518	
101,204	
233,474	
1,940	
20,840	
3,100	
33,600	
9,759	
60,000	
152,000	
100,000	
12,000	
15,750	
3,900	
96,764	
26,158	
55,780	
47,900	
15,000	
3,850	
16,000	
41,000	
4,500	
13,000	
34,200	
600	
3,000	

ADMINISTRATION (Dept 310)

CORAL SPRINGS IMPROVEMENT DISTRICT WATER & SEWER ENTERPRISE FUND
Adopted Budget
Fiscal year 2023-2024

DESCRIPTION	

ADOPTED BUDGET
FY 2022-2023

ACTUAL
ENDING 5/31/23		TOTAL
Projected thru 9/30/2023	

Proposed Tentative
FY 2023 2024

MERCHANT FEES (PAYMENTUS)	
TECHNOLOGY EXPENSE	
TOILET REBATE	
OFFICE SUPPLIES	
DUES, LICENSES, SUBSCRIP.	
PROMOTIONAL EXPENSE	
CAPITAL OUTLAY	
BANK FEES	

90,100	
99,095	
14,850	
4,000	
15,000	
22,000	
10,000	
-	

52,401	
44,591	
6,039	
5,875	
3,606	
21,184	
10,968	
4,688	

78,602	
66,887	
9,059	
8,812	
5,409	
31,776	
16,452	
7,032	

86,000	
117,209	
14,850	
10,000	
13,000	
29,700	
40,000	
1,500	

TOTAL ADMINISTRATION	2,653,243	1,189,201	1,801,323	2,327,472
    
Plant

Water (Dept 321)	
SALARIES & WAGES	
SPECIAL PAY	
FICA EXPENSE	
PENSION EXPENSE	
HEALTH INSURANCE	
WORKER'S COMP. INSURANCE	
EDUCATION	
OPEB EXPENSE	
WATER QUALITY TESTING	
TELEPHONE	
ELECTRIC EXPENSE	
RENTALS AND LEASES	
INSURANCE	
REPAIR & MAINTENANCE	
R&M-FILTERS FOR WATER PLANT	
OFFICE SUPPLIES	
OTHER OPERATING SUPPLIES	
CHEMICALS	
LAB CHEMS/TEST EQUIP	
UNIFORM RENTAL	
MOTOR FUELS	
DUES, LICENSES, SUBSCRIP.	
CAPITAL OUTLAY	
RENEWAL & REPLACEMENT	

 
857,166	
1,010	
65,573	
102,860	
205,672	
30,822	
22,596	
1,968	
32,470	
3,500	
424,600	
3,250	
89,540	
340,656	
222,800	
1,785	
29,850	
460,721	
42,769	
4,170	
79,055	
19,460	
575,000	

 
618,822		928,233	
-		-	
44,416		66,623	
44,253		66,379	
87,438		131,157	
17,461		26,192	
-		-	
-		-	
17,404		26,106	
986		1,479	
300,020		450,030	
117		176	
51,065		76,598	
55,923		83,884	
13,429		20,144	
181		272	
5,620		8,430	
352,922		529,383	
17,926		26,889	
1,893		2,839	
1,032		1,548	
5,637		8,455	
11,135		16,703	
-		-	

 
1,039,133	
1,306	
79,493	
124,696	
228,745	
29,037	
24,940	
3,400	
26,540	
2,500	
560,000	
3,250	
85,213	
326,746	
217,460	
1,000	
29,850	
418,678	
32,464	
5,195	
61,650	
23,090	
686,000	
-	

Waste Water (Dept 322)	
SALARIES & WAGES	
SPECIAL PAY	
FICA EXPENSE	
PENSION EXPENSE	
HEALTH INSURANCE	
WORKER'S COMP. INSURANCE	
EDUCATION	
OPEB EXPENSE	
WATER QUALITY TESTING	
TELEPHONE	
ELECTRIC EXPENSE	
RENTALS AND LEASES	
INSURANCE	
REPAIR & MAINTENANCE	

906,730	
1,465	
69,365	
108,807	
218,159	
32,806	
23,646	
2,102	
43,223	
2,904	
250,000	
3,388	
81,100	
633,060	

610,538	
-	
46,375	
49,689	
88,460	
7,497	
-	
-	
24,277	
1,516	
150,615	
-	
44,994	
194,180	

915,807	
-	
69,563	
99,377	
132,690	
11,246	
-	
-	
36,415	
2,274	
225,922	
-	
67,491	
291,270	

999,649	
1,577	
76,475	
119,958	
259,131	
25,532	
20,640	
3,100	
44,000	
2,900	
270,000	
2,200	
75,650	
652,838	

TOTAL DEPT #321 (WATER)	3,617,293	1,647,680	2,471,519	4,010,384

CORAL SPRINGS IMPROVEMENT DISTRICT WATER & SEWER ENTERPRISE FUND
Adopted Budget
Fiscal year 2023-2024

DESCRIPTION	

ADOPTED BUDGET
FY 2022-2023

ACTUAL
ENDING 5/31/23		TOTAL
Projected thru 9/30/2023	

Proposed Tentative
FY 2023 2024

SLUDGE MANAGEMENT-SEWER	
CHEMICALS	
OFFICE SUPPLIES	
OTHER OPERATING SUPPLIES	
LAB CHEMS/TEST EQUIP	
UNIFORM RENTAL	
MOTOR FUELS	
DUES, LICENSES, SUBSCRIP.	
CAPITAL OUTLAY	
	
TOTAL DEPT #322 (WASTEWATER)	

256,600	
98,510	
950	
9,000	
4,000	
4,350	
62,520	
15,950	
1,905,899	
	
4,734,534	

139,890	
42,741	
376	
3,486	
1,825	
1,958	
14,414	
2,461	
710,852	
	
2,136,145	

209,835	
64,112	
564	
5,229	
2,738	
2,938	
21,621	
3,692	
1,066,279	
	
3,229,062	

237,400	
101,600	
950	
9,000	
4,000	
5,375	
49,920	
36,030	
1,452,000	
	
4,449,923	

Maintenance (Dept 323)	
SALARIES & WAGES	
SPECIAL PAY	
FICA EXPENSE	
PENSION EXPENSE	
HEALTH INSURANCE	
WORKER'S COMP. INSURANCE	
EDUCATION	
OPEB EXPENSE	
TELEPHONE	
RENTALS AND LEASES	
INSURANCE	
REPAIR & MAINTENANCE	
OFFICE SUPPLIES	
OTHER OPERATING SUPPLIES	
UNIFORM RENTAL	
MOTOR FUELS	
DUES, LICENSES, SUBSCRIP.	
CAPITAL OUTLAY	

495,029	
967	
37,869	
59,403	
114,844	
20,605	
14,910	
846	
3,630	
7,100	
3,600	
122,100	
900	
20,500	
3,120	
6,520	
7,000	
28,000	

316,476	
-	
24,398	
28,292	
68,586	
4,303	
-	
-	
1,746	
2,978	
2,199	
51,375	
413	
7,765	
1,164	
2,226	
991	
-	

474,714	
-	
36,597	
56,584	
102,879	
6,455	
-	
-	
2,619	
4,466	
3,298	
77,063	
619	
11,647	
1,747	
3,339	
1,487	
-	

539,930	
1,191	
41,305	
64,792	
182,766	
17,008	
15,200	
2,200	
3,500	
7,100	
4,000	
133,342	
900	
31,100	
3,670	
5,210	
7,000	
35,000	

TOTAL DEPT #323 (MAINTENANCE)		946,943		512,912		783,514		1,095,214	
									
TOTAL PLANT (DEPT #321 - #323)		9,298,770		4,296,737		6,484,096		9,555,522	

Field (Dept 330)	
SALARIES & WAGES	
SPECIAL PAY	
FICA EXPENSE	
PENSION EXPENSE	
HEALTH INSURANCE	
WORKER'S COMP. INSURANCE	
EDUCATION	
OPEB EXPENSE	
WATER QUALITY TESTING	
NATURESCAPE IRRIGATION SERVICE	
TELEPHONE	
ELECTRIC EXPENSE	
RENTALS AND LEASES	
RENT EXPENSE-SCADA	
INSURANCE	
REPAIR & MAINTENANCE	

903,637	
1,754	
69,128	
108,437	
256,412	
32,681	
25,746	
3,150	
1,000	
3,400	
18,600	
118,000	
9,500	
56,040	
26,000	
178,250	

653,950	
-	
50,556	
49,928	
125,575	
18,411	
-	
-	
155	
-	
6,059	
80,535	
1,758	
32,690	
13,879	
142,221	

980,925	
-	
75,835	
74,892	
188,363	
27,616	
-	
-	
233	
-	
9,088	
120,803	
2,637	
49,035	
20,818	
213,332	

1,090,726	
1,957	
83,443	
130,887	
286,923	
42,056	
27,840	
4,000	
1,000	
3,400	
10,500	
126,842	
9,500	
56,040	
23,154	
231,470	

CORAL SPRINGS IMPROVEMENT DISTRICT WATER & SEWER ENTERPRISE FUND
Adopted Budget
Fiscal year 2023-2024

DESCRIPTION	

ADOPTED BUDGET
FY 2022-2023

ACTUAL
ENDING 5/31/23		TOTAL
Projected thru 9/30/2023	

Proposed Tentative
FY 2023 2024

R&M LIFT STATIONS		157,850	
R&M-GENERATORS		34,600	
METERS		31,440	
OFFICE SUPPLIES		1,680	
OTHER OPERATING SUPPLIES		57,190	
UNIFORM RENTAL		5,730	
MOTOR FUELS		27,740	
DUES, LICENSES, SUBSCRIP.		10,500	
CAPITAL OUTLAY		1,710,000	

66,259	
6,117	
16,863	
598	
45,239	
3,218	
23,188	
2,658	
761,099	

99,388	
9,176	
25,295	
896	
67,858	
4,827	
34,782	
3,987	
1,141,648	

80,850	
26,100	
29,471	
1,680	
62,200	
6,835	
24,920	
10,500	
2,565,000	

TOTAL DEPT #330 (FIELD)		3,848,465		2,100,954		3,151,432		4,937,293	
									
TOTAL EXPENSES ALL DEPTS		15,800,478		7,586,892		11,436,850		16,820,287	
									
AVAILABLE FOR DEBT SERVICE		2,979,599		2,703,854		4,479,269		3,101,975	

SERVICE		
		1,795,000		1,795,000		1,795,000		1,850,000	
TEREST								
		1,022,817		681,881		1,022,817		968,070	
									
TOTAL DEBT PAYMENTS		2,817,817		2,476,881		2,817,817		2,818,070	
									
		161,782		226,973		1,661,452		283,905	
									
		1.06		1.09		1.59		1.10	

DEBT
PRINCIPAL
PRINCIPAL EXP-2016	
IN
INTEREST EXP-2016	

Excess Revenues After Debt Service	

Debt Service Ratio	

CORAL SPRINGS IMPROVEMENT	DISTRICT

ADOPTED BUDGET FY 2023 | 2024

BUDGET
The District will use reserve funds in the amount of $4,086,000 to help offset infrastructure projects required by Plant & Field departments, which the majority was carryforward from unused reserve funds from the prior Fiscal Year.
CSID is executing the Financial Management Plan rate increases of 5% to water (including irrigation) and sewer rates as a result of the Rate Study Analysis completed during FY 2019 by Stantec, an independent consulting firm.
REVENUES
Water Revenue
The estimated amount that will be billed to users of the water system of the District is determined by the utility rate agreement. Based on prior year revenues the water revenues are projected to be
$7,860,690.

Sewer Revenue
The estimated amount that will be billed to users of the wastewater system of the District is determined by the utility rate agreement. Based on the previous year’s revenue the sewer revenues are projected to be $7,114,330.
Standby Revenue
The standby charge is applied to each lot, parcel, or tract, which has been reserved for water and sewer capacity. The amount projected for this Fiscal Year is $25,000.
Processing Fees
A processing fee of $20 is charged to each new utility account. Based on the District’s history of
new accounts, the projected amount for this Fiscal Year is $11,000.

Lien Revenue Fees
The Board adopted a $25 charge for an estoppel letter. Based on the prior years’ history of estoppel
letters, the estimated amount for this Fiscal Year is $11,000.

CORAL SPRINGS IMPROVEMENT	DISTRICT

ADOPTED BUDGET FY 2023 | 2024

REVENUES (Continued)

Delinquent Fees
The District levies a $25 charge for each month the account is delinquent until the account is current. The projected amount for this Fiscal Year is $200,000.
Contract Utility Billing Services
The District provides utility billing services for the benefit of cost sharing. This Fiscal Year the District expects to receive $76,104.
Contract HR & Payroll Services
The District provides human resource and payroll services to other Districts based on fees established under interlocal agreements. Budgeted fees are $14,952.
Rent Revenue
This line item represents the lease space within the plant. The total budgeted revenue from this source is $111,955.
Technology Sharing Revenue
The District owns an IBM AS-400 computer system as well as a suite of proprietary software programs. Technology sharing is the revenue associated with the performance of duties on the Districts system, phone, fax, ISP and other technology hardware, used for the benefit of the District. The amount being reimbursed by other funds is $17,389.
Miscellaneous Revenues
Represents income from unexpected activities during the year. At times the District participates in rebate events, or surplus sales to dispose of unrepairable equipment. This is unexpected revenue and is not budgeted.

CORAL SPRINGS IMPROVEMENT	DISTRICT

ADOPTED BUDGET FY 2023 | 2024

ADMINISTRATION EXPENDITURES

Salaries and Wages
The total amount of budgeted wages for this Fiscal Year is $843,366.

Special Pay
Special pay is a holiday bonus based on the employee’s number of years of service. This year’s
expense is $2,011.

FICA Taxes
FICA tax is established by law and the current rate is 7.65%. Based on salaries of is $843,366, the amount projected for FICA tax is $64,518.
Pension Expense
The pension plan was established whereby the District makes contributions on behalf of each employee with other funds available to match contributions made by the employee to the deferred compensation plan. Based on salaries of $843,366, the amount projected for pension expense is
$101,204.

Health Insurance
The District offers each employee Health, Life, Dental and Disability Insurance. The amount budgeted is $233,474.
Worker’s Compensation Insurance
Worker’s compensation insurance is being budgeted for $1,940.

Unemployment Compensation
Unemployment compensation is expected to be $0.

Tuition Reimbursement
The budgeted amount is estimated to be $20,840.

CORAL SPRINGS IMPROVEMENT	DISTRICT

ADOPTED BUDGET FY 2023 | 2024

ADMINISTRATION EXPENDITURES (Continued)

OPEB Expense
Other post-employment benefits (OPEB) are the benefits that an employee will begin to receive at the start of retirement. This does not include pension benefits paid to the retired employee (GASB Statements 74 and 75). The budgeted amount is estimated to be $3,100.
Engineering Fees
The District currently has a contract with Globaltech, Inc., to provide general engineering services not related to or associated with any specific capital improvement project. The contract includes preparation for monthly meetings, monthly reporting, and responses to requests from the Board. Based on anticipated general engineering work, the fees are not expected to exceed $33,600.
Trustee Fees/Other Debt Expense
This expense includes charges associated with the currently existing outstanding bond issues. Pending bond fees & arbitrage costs are not included in this listing.

Trustee Fees (2016 Series)	$9,475	
AMTEC Report		600	
Total Expenses	$9,759	
Legal Fees		
The District currently has a contract with Lewis, Longman and Walker, PA as legal counsel for the District. This contract includes preparation for monthly board meetings, contract review, etc. This year’s budget is not expected to exceed $60,000.

CORAL SPRINGS IMPROVEMENT	DISTRICT

ADOPTED BUDGET FY 2023 | 2024

ADMINISTRATION EXPENDITURES (Continued)
Special Consulting Services
The District may need to engage a consultant that specializes in legislative codification matters that would amend the current charter. Included in those matters are bidding threshold requirements, efficiencies, gains, and benefits inherent in contract administration. Other consulting services may be incurred for special projects as needed. The anticipated cost for all these services is $152,000.
Information & Technology Services
The District retained a Consulting firm specialized in technology and cybersecurity to manage the Districts’ Network and computer platforms. The projected amount for this service is estimated for $100,000.

Travel & Per Diem (Board)
This expense represents travel expenses for the Board of Supervisors and Directors. The budgeted amount for this fiscal year is $12,000.
Annual Audit
The District’s auditing firm is Keefe, McCullough & Co., LLP. Based on the current activity level this
amount should not exceed $15,750.

Actuarial Computation - OPEB
Florida state statutes require the employer to make health coverage available to retirees at the employer’s group rate. GASB 75 requires a periodic actuarial assessment of the cost and liability associated with these benefits. The budgeted amount for this Fiscal Year is $3,900.
Management Fees
This service includes management and financial advisory services provided to the District under the Management Contract with Inframark, LLC. This Fiscal Year the expense is $96,764.

CORAL SPRINGS IMPROVEMENT	DISTRICT

ADOPTED BUDGET FY 2023 | 2024

ADMINISTRATION EXPENDITURES (Continued)

Telephone Expense
Telephone Service, fax machine and long-distance calls are included under this expense. Based on
the prior years’ experience, the amount should not exceed $26,158. Postage
Overnight deliveries, general, utility bills, etc.

Utility Billing	48,000	
Administrative	5,380	
Special Mailings	  2,400	
Total
Printing and Binding	$55,780	
Stationary, utility billing forms, personnel forms, envelopes, photocopies, etc.

Utility Billing	40,600	
Accounting	2,000	
Personnel Department	3,000	
Marketing Materials	 2,300	
Total	$47,900	

Electric Expense
This expense includes the electrical service for the Administrative Building. Based on prior years’
expenses the projected amount for this Fiscal Year is $15,000.

CORAL SPRINGS IMPROVEMENT	DISTRICT

ADOPTED BUDGET FY 2023 | 2024

ADMINISTRATION EXPENDITURES (Continued)

Rentals and Leases
The following charges are being budgeted in the Fiscal Year:

Copier Lease	$	2,075	
Mail Machine		1,075	
Total	$	3,150	
Insurance		
The District retains Egis Insurance & Risk Advisors as our Insurance Agent, who on a yearly basis arranges the placement of the District insurance for property, general liability, and inland marine coverage. The expected amount for this Fiscal Year should not exceed $16,500.
Repair and Maintenance
The following expenses are anticipated for the budget year.

A/C Maintenance & Repairs	$23,900	
Pest Control	2,100	
Carpet, Windows, Floors & General Cleaning	8,200	
Building Small Supplies/Materials	1,800	
Roof Repairs	4,000	
Contingencies		1,000	
Total	$ 41,000	

CORAL SPRINGS IMPROVEMENT	DISTRICT

ADOPTED BUDGET FY 2023 | 2024

ADMINISTRATION EXPENDITURES (Continued)

Legal Advertising
The District posts most of its legal advertising in the Sun-Sentinel. Expenses include monthly meetings, special meetings, public hearings, request for bids, etc. The estimated amount should not exceed $4,500.
Other Current Charges
Bank charges and any other miscellaneous expenses that occur during the year as follows:

Employee Appreciation	16,500	
Miscellaneous Charges	17,700	
TOTAL	$ 34,200	

Merchant Fees
The District is charged monthly administrative fees as well as individual transaction fees on all credit
card payments we receive. Based on last years’ experience the projected amount should not exceed
$86,000.

CORAL SPRINGS IMPROVEMENT	DISTRICT

ADOPTED BUDGET FY 2023 | 2024

ADMINISTRATION EXPENDITURES (Continued)

Computer/Technology Expenses
This represents software, anti-virus, web hosting, tech services & additional computer project systems and support for this Fiscal Year which amount should not exceed $117,209.
Employment Ads
Recruiting Expenses for qualified candidates for Plant Operators, Field, and Administration
Personnel. Based on prior years’ experience the amount should not exceed $13,000.

Toilet Rebates
Utility bills are credited $99 for those customers who install a qualifying toilet under the rebate program established by the District. Budgeted rebates reflect a total of 150 toilets for $14,850.
Office Supplies
Accounting, Utility Billing and Administrative Supplies such as printer cartridges, file cabinets, computer supplies, file folders, pens, pencils, cleaning supplies, paper products, etc. Based on historical experience the amount should not exceed $10,000.
Dues, Licenses, Schools & Permits
This item includes professional publications such as GAS Guide and Florida Statutes. This expense also covers the cost for CPA continuing education requirements and license renewal, management training, and training related to human resources. The amount should not exceed $13,000.
Promotional Expenses
The District is budgeting $29,700 for the budget year.

Capital Outlay
The budgeted amount of $40,000 is being provided for a structural evaluation of the Administration Building and updates to the conference room.

CORAL SPRINGS IMPROVEMENT	DISTRICT

ADOPTED BUDGET FY 2023 | 2024

EXPENDITURES - PLANT OPERATIONS

Salaries and Wages
The total amount of budgeted wages for this Fiscal Year is $2,578,711.

Special Pay
Special pay is a holiday bonus based on the employee’s number of years of service. This year’s
expense is $4,073.

FICA Taxes
FICA tax is established by law and the current rate is 7.65%. Based on salaries of $2,578,711, the amount projected for FICA tax is $197,272.
Pension Expense
The pension plan was established whereby the District makes contributions on behalf of each employee with other funds available to match contributions made by the employee to the deferred compensation plan. Based on salaries of $2,578,711, the amount projected for pension expense is
$315,637.

Health Insurance
The District offers each employee Health, Life, Dental and Disability Insurance. The amount budgeted is $670,641.
Worker’s Compensation Insurance
Worker’s compensation insurance is being budgeted for $71,577.

Tuition Reimbursement
The amount budgeted is $60,780.

CORAL SPRINGS IMPROVEMENT	DISTRICT

ADOPTED BUDGET FY 2023 | 2024

EXPENDITURES - PLANT OPERATIONS (Continued)

OPEB Expense
Other post-employment benefits (OPEB) calculation budgeted amount is based on previous year calculation and estimated to be $8,700.
Water Quality Testing
Water Quality Testing is provided by Florida Spectrum Environmental Services, Inc. This Fiscal Year the projected amount for water quality testing is $70,540.
Telephone Expense
Telephone charges for this Fiscal Year include Bellsouth phone service for Water and Wastewater offices and Sprint phone services. The projected amount for this Fiscal Year is $8,900
Electric Expense
The electric requirements for the plant facility and wells are based upon the operating history. Based on the previous year’s expenses the projected amount for this Fiscal Year is $830,000.
Rentals and Leases
The District is budgeting $12,550 for miscellaneous equipment rentals.

Insurance
The District retains Egis Insurance & Risk Advisors as our Insurance Agent, who on a yearly basis arranges the placement of the District insurance for property, general liability, and inland marine coverage. The expense should not exceed $102,804.

CORAL SPRINGS IMPROVEMENT	DISTRICT

ADOPTED BUDGET FY 2023 | 2024

EXPENDITURES - PLANT OPERATIONS (Continued)

Repairs & Maintenance
Repair and maintenance expenses anticipated to be spent in the Fiscal Year are as follows:

Water Department		
R&M General	43,300	
Generator Maintenance & Repairs	32,676	
Vibration Analysis Program	31,800	
R&M Well & Deep Well	124,170	
Instrument and Control Repairs/Calibration	40,500	
Facility Maintenance		54,300	
Total Water	$ 326,746	

Wastewater Department		
R&M General	22,000	
Generator Maintenance & Repair	27,740	
Deep Well Maintenance	11,000	
Instruments & Controls/ Meter Calibration	84,676	
R&M Vehicles	4,000	
Vibration Analysis Program	17,000	
R&M Air Conditioning	19,922	
Facility Maintenance	197,000	
R&M Lift Stations	4,500	
R&M Headworks	20,000	
Mechanical Injection Well		245,000	
Total Wastewater	$ 652,838	

EXPENDITURES - PLANT OPERATIONS (Continued)

Maintenance		
R&M General	14,800	
Vehicle Maintenance	10,400	
R&M Trash Pick Up	8,742	
Lawn Maintenance Contract	84,400	
Other Facility Maintenance		15,000	
Total Maintenance	$133,342	

TOTAL REPAIRS & MAINTENANCE - PLANT	$1,112,926

Filters for Water Plant
Budgeted replacement costs for filters, membranes and interconnectors for the Water Plant are
$217,460.

Sludge Management - Sewer
Sludge removal costs are budgeted for $237,400.

Chemicals
Products used in the process of Water & Wastewater treatments. The amount projected to be spent in this Fiscal Year is $520,278.

Office Supplies
Paper, pens, folders, and other office supplies. The projected amount for this Fiscal Year is $2,850.

CORAL SPRINGS IMPROVEMENT	DISTRICT

ADOPTED BUDGET FY 2023 | 2024

EXPENDITURES - PLANT OPERATIONS (Continued)

Operating Supplies
General operating supplies include laboratory chemicals and miscellaneous tools and equipment. The projected amount is $69,950.
Uniforms
Uniform purchases, rentals and safety boot allowances are budgeted at $14,240.

Motor Fuels
Motor fuels include gasoline and diesel fuel needed for the operation of auxiliary generators. The projected amount is $116,780.
Dues, Licenses, Schools & Permits
This expense represents costs for license renewals, subscriptions, books and schooling required to maintain licenses to operate for plant employees. The projected amount for this Fiscal Year is
$66,120.

Capital Outlay
The District is budgeting for plant projects such as the addition of an above ground diesel storage tank for generator #4, Well #2 electrical panel, Andritz press replacement, and installation of 40 water sample sites. In addition, other projects to update and maintain equipment in Water and Wastewater. The total amount budgeted for Plant Capital Outlay is $2,173,000.

Capital outlay for projects from the 2022/2023 budget year that will not be completed by the end of the current fiscal year is estimated at $1,533,000. This amount will be charged in the 2023/2024 fiscal year.

CORAL SPRINGS IMPROVEMENT	DISTRICT

ADOPTED BUDGET FY 2023 | 2024

EXPENDITURES - FIELD OPERATIONS

Salaries and Wages
The total amount of budgeted wages for this Fiscal Year is $1,090,726.

Special Pay
Special pay is a holiday bonus based on the employee’s number of years of service. This year’s
expense is $1,957.

FICA Taxes
FICA tax is established by law and currently is 7.65%. Based on salaries of $1,090,726 the amount projected for FICA tax is $83,433.
Pension Expense
The pension plan was established whereby the District makes contributions on behalf of each employee with other funds available to match contributions made by the employee to the deferred compensation plan. Based on salaries of $1,090,726, the amount projected for pension expense is
$130,887.

Health Insurance
The District offers each employee Health, Life, Dental and Disability Insurance. The amount budgeted is $286,923.
Worker’s Compensation Insurance
Worker’s compensation insurance is being budgeted for $42,056.

Tuition Reimbursement
The projected amount is $27,840.

CORAL SPRINGS IMPROVEMENT	DISTRICT

ADOPTED BUDGET FY 2023 | 2024

EXPENDITURES - FIELD OPERATIONS (Continued)

OPEB Expense
Other post-employment benefits (OPEB) calculation budgeted amount is based on previous year calculation and estimated to be $4,000.
Water Quality Testing
Water Quality Testing is provided by Florida Spectrum Environmental Services, Inc. This Fiscal Year the projected amount for water quality testing is $1,000.
Naturescape Irrigation Service
An annual fee of $3,400 is paid to Broward County for the operation of the Naturescape irrigation service.
Telephone Expense
Telephones and fax machines are budgeted annually. Based on the previous years’ experience the amount should not exceed $10,500.
Electric Expense
The electric requirements (for Lift Stations) are based upon the operating history. Based on prior
years’ expenses the projected amount for this Fiscal Year is $126,842.

Rentals & Leases
Equipment rental, other than for SCADA, is budgeted for $9,500.

Rent Expense-SCADA
The District will install and rent components for telemetry lift-station operation and monitoring for
$56,040.

CORAL SPRINGS IMPROVEMENT	DISTRICT

ADOPTED BUDGET FY 2023 | 2024

EXPENDITURES - FIELD OPERATIONS (Continued)
Insurance
The District retains Egis Insurance & Risk Advisors as our Insurance Agent, who on a yearly basis arranges the placement of the District insurance for property, general liability, and inland marine coverage. The expected amount for this Fiscal Year should not exceed $26,000.
Repairs and Maintenance
Following is a listing of the different repairs and maintenance needed for field operations maintenance.

R&M-General	$	27,000	
R&M-GIS Asbuilts	56,000	
R&M-GIS Lead Copper	16,500	
R&M-GIS General Services	2,500	
R&M-Air Conditioning	3,500	
R&M-Facility Maintenance	9,500	
R&M-Vehicles	30,720	
R&M Backflows	9,500	
R&M-Streets & Driveways	57,250	
R&M-Hydrants	19,000	
Total Repairs & Maintenance	$	231,470	

CORAL SPRINGS IMPROVEMENT	DISTRICT

ADOPTED BUDGET FY 2023 | 2024

EXPENDITURES - FIELD OPERATIONS (Continued)

Lift Stations
This expense is to cover lift stations maintenance and repairs including new pumps and electrical supplies. The District operates 41 Lift Stations on the Field. The projected amount for this Fiscal Year is $80,850.
Generators
Amount projected for expenses related to Portable Generators including services and repairs. The District owns 7 Portable Generators. Budget amount should not exceed $26,100.
Meters
This program was setup to replace old meters. The projected amount for this fiscal year includes new connections and supplies costs. The amount being budgeted for new connections is $29,471.
Office Supplies
Paper, pens, folders, and other office supplies. The projected amount for this Fiscal Year is $1,680.

Operating Supplies
General operating supplies include laboratory chemicals and miscellaneous tools and equipment. The projected amount is $62,200.
Uniforms
Uniform purchases and rentals and safety boot allowances are budgeted at $6,835.

Motor Fuels
Motor fuels include gasoline and diesel fuel needed for the operation of portable generators. The projected amount is $24,920.

CORAL SPRINGS IMPROVEMENT	DISTRICT

ADOPTED BUDGET FY 2023 | 2024

EXPENDITURES - FIELD OPERATIONS (Continued)

Dues, Licenses, Schools & Permits
This expense represents the cost for license renewals, subscriptions, books, and schooling required to maintain their license to operate. The projected amount is $10,500.
Capital Outlay
The District is budgeting for projects such as the rehab of a lift station and sewer basin, purchase of one portable generator, sewer lining spot repairs, lift stations camera work, storage shed for generators, 2 new trucks, and a backhoe. The expected amount for this Fiscal Year should not exceed $2,565,000.

CORAL SPRINGS IMPROVEMENT	DISTRICT

ADOPTED BUDGET FY 2023 | 2024

DEBT SERVICE
During FY 2015/2016, Coral Springs Improvement District refinanced Series 2007 Bonds with Refunded Revenue Bonds Series 2016 in the amount of $42,830,000 with a rate of 3.05%.
$38 million were used to the construction project of water plant and $4 million has been set aside to take care of interest during the capitalized period, and to ensure those payments are available to the bondholders.
Debt service schedule represents the amount of money required to make payments on the principal and interest on the outstanding loan.
The schedule below reflects the remaining Debt Service requirement through 2031 of $37,803,248. The 2023/2024 Budget includes a principal payment of $1,850,000 and $968,070 for interest.

Coral Springs Improvement District
2016 Water and Sewer Refunding Revenue Bonds
Debt Service Schedule

Debt Service Due

Principal Amount

Interest Amount

Total Payment

2024	
2025	
2026	
2027	
2028	
2029	
2030	
2031	

1,850,000.00	
1,910,000.00	
1,965,000.00	
2,025,000.00	
2,090,000.00	
2,150,000.00	
2,220,000.00	
17,530,000.00	

968,070.00	
911,645.00	
853,390.00	
793,457.50	
731,695.00	
667,950.00	
602,375.00	
534,665.00	

2,818,070.00	
2,821,645.00	
2,818,390.00	
2,818,457.50	
2,821,695.00	
2,817,950.00	
2,822,375.00	
18,064,665.00	

Totals

31,740,000.00

6,063,248

37,803,247.50