HomeMy WebLinkAboutBudget Advertisement NOTICE OF
PUBLIC HEARING
The Clay County Utility Authority has tentatively adopted a budget for Fiscal Year 2023/2024. A public
hearing will be held on Tuesday, September 12, 2023 at 7:00 p.m. in the Clay County Utility Authority Board
Room, 3176 Old Jennings Road, Middleburg,Florida.
BUDGET SUMMARY
CLAY COUNTY UTILITY AUTHORITY
PROPOSED BUDGET FOR 2023/2024
Operating Capital Self Insurance Total Fund
Fund Fund Fund Budget
Revenues:
Projected Cash at October 1,2023 $ 2,000,000 $ 59,512,753 $ 525,000 $ 62,037,753
Water&Sewer Revenue 70,342,495 70,342,495
Miscellaneous Revenue/Borrowing 3,332,104 50,000,000 53,332,104
Fund Transfers 16,768,404 16,768,404
Total Revenues $ 75,674,599 $ 126,281,157 $ 525,000 $ 202,480,756
Expenditures:
Debt Service $ 9,919,127 $ - $ - $ 9,919,127
Fund Transfers 16,768,404 16,768,404
Operation Expenses 44,199,888 44,199,888
Due in Lieu of Taxes 2,787,180 2,787,180
Capital Projects 97,742,820 97,742,820
Projected Cash at September 30, 2024 2,000,000 28,538,337 525,000 31,063,337
Total Expenditures $ 75,674,599 $ 126,281,157 $ 525,000 $ 202,480,756
Additional information on the proposed budget is available at www.clayutility.org/rates or you can come
to the office of the Clay County Utility Authority at 3176 Old Jennings Road, Middleburg, Florida, Monday
through Friday 8:00 a.m. to 5:00 p.m. except legal holidays.
Following the public hearing,which may be adjourned from time to time,The Board of Supervisors may
adopt or modify the proposed budget.
In accordance with the Americans with Disabilities Act, any person needing a special accommodation to
participate in this matter, should contact the Clay County Utility Authority by mail at 3176 Old Jennings Road,
Middleburg,Florida 32068 or by telephone at(904)272-5999 x 2464,no later than 7 days prior to the hearing or
proceeding for which this notice has been given. Those requiring auditory assistance can access the foregoing
telephone number by contacting the Florida Relay service at 1-800-955-8770(Voice)or 1-800-955-8771 (TDD).
If any person intends to appeal any decision related to this action, such person will need to provide a court
reporter at such person's own expense, for a transcript of the proceedings. All interested persons are invited to
attend.
CLAY COUNTY UTILITY AUTHORITY
Jeremy Johnston,Executive Director
Legal 78890 published August 10 and 17, 2023 in Clay County's Clay Today Newspaper.