BUDGETS AND ASSESSMENTS
The budget is a financial plan that serves as the basis for expenditure decision-making and subsequent control of expenditures. The plan strives to provide program services at the levels of service established by the Board during the budget process. However, the budget must also be flexible enough to account for unexpected events and expenditures. Otherwise, levels of service in other program areas may suffer to operate within the constraints of the overall budget.
Each Year the Board of Supervisors adopts a new budget for the Operations and Maintenance of the communities infrastructure in accordance with the Florida Statutes and as defined by the ownership of the facilities. The adopted budget identifies the assessments paid by each landowner in the community.
These assessments are dictated by the Assessment Methodology adopted by the Board of Supervisors upon the issuance of the Tax Exempt Bonds that were issued to the District for the construction of the infrastructure. These assessments also include the portion of the debt associated with the repayment of the bonds for each landowner within the community as identified in the same Assessment Methodology.
Typically the budget is adopted by the Board during the summer as the Final Adopted Budget for the upcoming fisal year that begins on October 1st. The Adopted Budget and corresponding Tax Roll Assessments are to be provided to the County no later than September 15th. Below is the current fiscal year budget along with some of the previous year’s budgets. Please contact the District Office with any questions.
Fiscal Year 2010 Adopted Budget
Fiscal Year 2009 Adopted Amended Budget
Fiscal Year 2009 Adopted Budget