CORAL SPRINGS IMPROVEMENT DISTRICT

GENERAL FUND
ADOPTED
BUDGET
FY 2025 / 2026

Table of Contents

BUDGET HIGHLIGHTS
Adopted Budget	3-4
Budget Narrative…	5-12

CORAL SPRINGS IMPROVEMENT DISTRICT GENERAL FUND
Adopted Budget Fiscal Year 2025 - 2026

DESCRIPTION	ACTUAL

FY 9/2024	Approved BUDGET
2024-2025	ACTUAL
thru
3/31/2025	TOTAL
Projected thru
9/30/2025	ADOPTED
BUDGET
2025-2026	
		
Revenue		
Non Ad-Valorem Taxes	3,425,526	3,577,436	3,410,021	3,244,840	3,756,308	
Permit Fees	44,247	20,000	56,473	112,946	50,000	
Miscellaneous. Revenues	500	-	3,092	6,184	-	
Interest Inc - SBA Fl Prime	108,312	50,000	47,727	95,455	50,000	
Interest Inc - Fl Class	106,013	50,000	46,908	93,815	50,000	
Interest Inc - Fl Fit	102,718	50,000	44,657	89,314	50,000	
Interest Inc - MM Account	483,183	150,000	223,542	447,085	100,000	
Shared Personnel Revenue	39,251	40,464	20,237	40,474	41,688	
Carry Forward Assigned Funds		2,100,955	-	-	2,707,782	

Total Revenues	4,309,750	6,038,855	3,852,657	4,130,113	6,805,778	
Expenses
Administrative Personnel		
Supervisor Fees	7,108	12,000	5,800	11,600	6,000	
Salaries and Wages	209,329	249,653	106,519	213,038	276,743	
FICA Expense	15,375	19,996	7,705	15,409	21,631	
401A Pension	11,938	14,962	5,539	11,079	19,791	
457B Match	11,650	14,962	5,732	11,465	16,604	
Health Insurance	51,376	130,373	23,942	47,884	92,928	
Payroll Processing Fees	4,058	2,500	2,029	4,059	4,500	
Tuition Reimbursement	-	9,560	-	-	5,000	

Total Administrative Personnel	310,833	454,006	157,267	314,534	443,197	

Administrative Non-Personnel		
Engineering Fees	3,425	18,600	7,238	14,476	18,600	
Attorney Fees	80,181	96,000	18,046	36,092	100,800	
Special Consulting Services	69,444	155,000	3,817	7,633	155,000	
Newsletter	4,853	4,800	3,979	7,958	8,000	
Cybersecurity & IT Support	29,215	32,300	16,483	32,966	18,000	
Annual Audit	11,200	11,400	9,706	8,200	15,000	
Gasb Valuation Fee	780	400	-	-	1,000	
Management Fees	64,506	68,437	33,222	66,444	70,490	
Telephone	4,067	3,950	720	1,439	3,960	
Postage	735	760	-	-	600	
Printing & Binding	1,476	1,530	-	-	500	
Paver Driveway Incentive Program	-	12,500	-	-	12,500	
Rentals And Leases	13,980	14,400	7,440	14,881	38,400	
Insurance	2,361	3,000	504	1,007	3,000	
Legal Advertising	2,650	5,000	291	582	5,000	
Bank Fees	20	250	20	40	250	
Monitoring Fees	243	500	162	324	500	
Employment Screening	495	1,000	70	140	1,000	
Office Supplies	9,551	8,520	355	711	2,500	
Dues, Licenses, Subscrip.	4,675	4,675	275	275	4,675	
Promotional Expenses	-	1,000	500	1,000	1,000	
Open House	6,217	6,960	-	-	8,500	
Conferences/Workshops	3,762	12,200	-	-	12,200	

Total Administrative Non-Personnel	313,835	463,182	102,827	194,168	481,475	

Total Administrative Expenses	624,668	917,188	260,094	508,702	924,672	

DESCRIPTION	ACTUAL

FY 9/2024	Approved BUDGET
2024-2025	ACTUAL
thru
3/31/2025	TOTAL
Projected thru
9/30/2025	ADOPTED
BUDGET
2025-2026	
Stormwater Personnel
Salaries and Wages	304,835	339,175	150,589	301,177	356,134	
Special Pay	-	866	-	-	866	
FICA Expense	22,955	25,947	11,286	22,572	27,244	
401A Pension	16,456	20,351	7,360	14,720	26,693	
457B Match	15,867	20,351	6,265	12,530	21,368	
Health Insurance	86,257	112,966	36,528	73,056	103,590	
Worker's Comp. Insurance	8,473	17,162	4,200	8,400	10,590	
Payroll Processing Fees	1,179	2,900	602	1,205	2,000	
Tuition Reimbursement	-	12,200	-	-	10,000	
Total Stormwater Personnel	456,021	551,917	216,830	433,659	558,486	
Stormwater Operations
Water Quality Testing	2,712	4,000	678	1,356	3,000	
Telephone	361	1,000	179	359	3,600	
Electric	1,110	1,800	414	828	2,040	
Rentals and Leases	-	2,700	-	-	1,000	
Insurance	27,732	35,000	9,170	18,341	35,000	
R&M-General	4,033	30,200	5,623	11,246	13,200	
R&M-Fencing	-	1,000	-	-	1,000	
R&M-Culvert Inspect/Clean	298,731	139,500	41,315	82,629	100,000	
R&M-Canal Dredging	-	-	-	-	75,000	
R&M-Vegetation Mgt.	3,040	15,000	795	1,590	15,000	
R&M-Vehicles	5,178	5,500	6,638	13,276	14,000	
R&M-Marine Equipment	-	-	-	-	10,500	
R&M-Trash Pick-Up	7,244	7,500	3,445	6,890	8,700	
R&M-Facility Maint	18,302	50,000	507	1,013	17,000	
R&M-Pump Stations	7,062	97,100	3,775	7,549	72,100	
Computer Equip & Supplies	-	-	897	1,794	2,700	
Computer Software & Subscription	20	-	56	112	2,980	
Other Operating Supplies	1,570	22,100	3,534	7,069	30,000	
GIS Services	-	10,000	-	-	10,000	
Herbicides	107,672	160,000	46,131	92,262	160,000	
Uniform Rental	1,645	2,000	882	1,764	2,200	
Gas & Diesel Fuel	6,120	9,300	2,349	4,698	9,300	
Propane Fuel	23,866	42,000	5,210	10,420	42,000	
Dues, Licenses, Subsrcrip.	1,061	2,550	-	-	2,800	
Staff Development	188	6,500	-	-	7,500	

Total Stormwater Operations	517,646	644,750	131,597	263,194	640,620	

Total Stormwater Operations & Personnel	973,668	1,196,667	348,427	696,854	1,199,106	
			
Total Administrative & Stormwater	1,598,336	2,113,855	608,521	1,205,555	2,123,778	
Stormwater Captial Expenditures
Capital Outlay	432,536	-	2,809	5,618	725,000	
Capital Improvements	195,630	125,000	-	-	250,000	
Windstorm Mitigation Project	264,901	1,800,000	108,537	217,075	2,000,000	
R&M-Canal Stabilization/Repair	-	1,300,000	-	-	1,007,000	

Total Capital Expenses	893,067	3,225,000	111,346	222,693	3,982,000	

Total Stormwater & Capital Expenses	2,491,403	5,338,855	719,867	1,428,248	6,105,778	
Reserves
Reserved for 1st Qtr Operating	-	450,000	-	-	450,000	
Reserved for Designated Projects/Emergency	-	250,000	-	-	250,000	

Total Reserves	-	700,000	-	-	700,000	

Total Expenses & Reserves	2,491,403	6,038,855	719,867	1,428,248	6,805,778	

Excess Reserves over Expenses & Reserves	1,818,347	-	3,132,790	2,701,865	-	

REVENUES:
Assessments
The District levies a Non-Ad Valorem Assessment on all taxable property within the Coral Springs Improvement District to fund operating and maintenance expenditures, and future reserves.

Permit Review Fees

The budget for permit review fees is based on the previous year’s earnings. The amount budgeted for this line item is $50,000.

Interest Income

The District earns interest on funds deposited in various money markets and pools of investment accounts. Interest rates have leveled off but are holding above 4% as of the printing of this budget.

Shared Personnel Revenue

The District has an interlocal agreement with Pinetree Water Control District. Under the provisions of that agreement the District provides the services of an appropriately licensed field supervisor to Pinetree. Budgeted revenue from this source is $41,688.

EXPENDITURES

ADMINISTRATIVE

Supervisor Fees

The members of the Board of Supervisors receive $200 per meeting, not to exceed
$2,400 each per year. Based on five supervisors and twelve meetings per year, the General Fund Share of Supervisor fees should not exceed $6,000 when split between the Proprietary and General funds.
Salaries and Wages - Administration

The total amount of budgeted wages for this Fiscal Year is $276,743

FICA Taxes - Administration

Governmental FICA tax is 7.65% of employee gross pay. Based no Administration salaries of and Supervisors Fees the budget for FICA taxes is $21,631.

Pension Expense
The District provides 401a and 457B pension plans whereby the employer contributes on a percentage basis for each employee. Based on administration salaries the total pension expense budget is $36,395.

Health Insurance
The District offers each employee Health, Life, Dental and Disability Insurance. In addition, the board members can choose to receive Health and Dental Insurance only. The projected cost paid by the District for this fiscal year is $92,928.

Education

The District values continued learning and encourages employees to further their education. The District will pay for classes taken by employees when the subject is related to the employee’s job. The total budget is $5,000.
Payroll Processing Fees

The projected amount for payroll fees for this fiscal year is $4,500.

Engineering Fees
The District uses outside engineering services for certain projects during the year. The budget for engineering services for this fiscal year is $18,600.

Legal Fees

The District currently has a contract with Lewis Longman & Walker, P.A. as legal counsel for the District. This contract includes preparation for monthly board meetings, contract review, and other consultations. Based on prior year spending the projected amount for this Fiscal Year is $100,800.

Special Consulting Services

At times, the District needs additional consulting to conduct workshop sessions involving staff and department managers.The total amount budgeted is $155,000.
Annual Audit

The District is required by Florida Statutes to arrange for an independent audit of its financial records on an annual basis. The budget for the next audit is approximately
$15,000

Actuarial Computation - OPEB
Florida Statutes require the employer to make health coverage available to retirees at the employer’s group rate. The Governmental Accounting Standards Boardrequires a periodic actuarial assessment of the cost and liability associated with these benefits. In June 2017 GASB 75 replaced and expanded GASB 45 reporting requirements. The District is budgeting $1,000 for this assessment.

Management Fees
This service includes $70,490 in management and financial advisory services provided to the District under the Management Contract with Inframark.
Telephone
Telephone expenses budgeted for this Fiscal Year at $3,960.
Postage
Mailing of	agenda packages, overnight deliveries,	correspondence. Budgeted amount for this Fiscal Year is $600.

Printing and Binding

Checks, stationery, envelopes, photocopies, and other informational mailings. The budgeted amount for this Fiscal Year is $500.

Paver Driveway Incentive Program

An incentive of $250 payment each year to the first fifty District residents to replace a concrete or other impervious surface driveway with a pervious paver type driveway. The total budget is $12,500.

Rentals and Leases

This expense represents the costs of rent for office space and equipment. In addition to storing marine equipment and supplies needed for canal management operations. The projected amount for this cost is $38,400.

Insurance - Administration
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 $3,000

Legal Advertising
The District does its legal advertising in the Sun-Sentinel. Expenses include monthly meetings, special meetings, public hearings, and informational notices. Based on prior years’ spending the amount should not exceed $5,000.

Other Charges / Contingencies
The District has minimal budgeting for various bank charges, monitoring fees and employment screening as needed. The budgeted amount for these items totals
$1,750.

Technology / Cybersecurity

All the District’s financial records, accounts payable, customer accounts are on a secure main frame computer owned by Coral Springs Improvement District. Cybersecurity has become an increased need to protect the information of CSID and its customers. The budgeted amount for technology is $18,000.
Office Supplies

Accounting and Administrative Supplies. Projected expense for this year is $2,500.

 Dues, Subscriptions, & Licenses

The District participates in various associations in line with State Requirements. The total projected cost for this fiscal year is $4,675

Newsletters
The District circulates periodic newsletters for the purpose of keeping its residents informed of issues affecting them and may sponsor other events for residents to obtain information about the services provided. The annual budget for this item is
$8,000.

Open House

The District feels it is important for the residents to experience CSID. To give our residents the opportunity to gain knowledge about the work done by our Stormwater crews, we have a yearly Open House. The General Fund share budgeted amount for this line item is $8,500.
Capital Purchases
There are no budgeted expenditures for Administration.

STORMWATER OPERATIONS

Salaries and Wages - Stormwater

The total amount of budgeted wages for this Fiscal Year is $356,134.

Special Pay
Special pay is a holiday gift to employees based on the number of years of service. The amount budgeted for this fiscal year is $866.
FICA Taxes - Stormwater
Government FICA tax is currently 7.65% of employee gross pay. The budget for FICA taxes is $27,244.
Pension Expense - Stormwater
The District provides 401a and 457B pension	plans	whereby	the	employer contributes on a percentage basis for each employee. Based on administration salaries the total pension expense budget is $48,061.

Health Insurance
The District offers the employees’ Health, Life, Dental and Disability Insurance. The projected cost to the District for this fiscal year is $103,590.

Education

The District values continued learning and encourages employees to further their education. The District will pay for classes / seminars taken by employees when the subject is related to the employee’s job. The total budget is $10,000.

Worker’s Compensation Insurance
The District’s budget for Worker’s Compensation Insurance premiums is 10,590.

Payroll Processing Fees

The projected amount for payroll fees for this fiscal year is $2,000.

Water Quality Testing
The District does Water Quality Testing to provide a guide for planning the aquatic plant control program, which provides indications of dangerous or threatening conditions. Based on last year’s quarterly evaluations the budget is set at $3,000.

Telephone Service
The District provide cellphones and tablets for use by the Stormwater Manager. The projected cost for this fiscal year is $3,600.

Electric
The District has separate utility accounts with Florida Power and Light for purposes of providing electricity to two pump stations. The projected cost for this fiscal year is
$2,040

Rentals and Leases
Payments related to a lease on a copy machine. The projected cost for this fiscal year is $1,000.
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 $35,000.

Repair & Maintenance - General

The following is a listing of the different repairs and maintenance needed for operations.
Yearly

Vehicle Maintenance	14,000	
Marine Equipment Maintenace	10,500	
Pump Station Repairs/Maintenance	72,100	
Trash Pick-up Service	8,700	
General, GIS Service & Misc	 24,200	
Total	$129,500	
Repair & Maintenance - Facility

Estimated costs for facility maintenance are $17,000.

 Culverts

Culvert inspection and cleaning budget for this year is $100,000. As well as $75,000 for culvert dredging.

Vegetation Management
Prevention of growth of invasive vegetation in canal rights-of-way, with associated bank repair. This should not exceed $15,000.
Operating Supplies

The following is a listing of the different operating supplies needed for operations.

		Yearly	
Safety equipment
Annual Waterway Cleanup Grass eating triploid carp	Donation Total	4,500
500
 25,000
$30,000	

Herbicides / Chemicals

Estimated costs for chemicals for the budget year are $160,000.

Uniform Rental / Purchase
Estimated costs for uniform rental/purchase including employee safety boot allowances for
this fiscal year are $2,200.
Motor Fuels & Propane

Estimated costs for motor fuels are $9,300 and propane $42,000 for at total budget of $51,300.

Dues, Licenses, Staff Development

Stormwater employees must have an Aquatic License. This expense includes the classes, licenses and all fees related to the employee obtaining an Aquatic License. This year’s projected amount should not exceed $10,300.
Capital Outlay-Equipment
Capital outlay budget for equipment is $725,000, for replacement of pump discharge flange, gear head and spare motor for one pump station.
Capital Improvements
The budget for capital improvement this fiscal year is $250,000 for culvert and headwall repairs.

Capital Projects
Capital projects budgeted in the amount of $3,007,000 for the following:
Canal bank restoration - $1,007,000
Windstorm Mitigation Project - $2,000,000.

Reserves for 1st Quarter Operating
First quarter reserves budget for operating expenses is $450,000.
Reserves for Assigned Projects and Emergencies

The reserve fund is set aside for projects designed to maintain the District’s drainage assets and to provide for unexpected events/natural disastersthat may occur other than those related to Hurricanes. This fiscal year the amount projected to be set aside is $250,000.