The URL can be used to link to this page

Home My WebLink AboutLB 2023-2024 Budget Resolution Final CLAY COUNTY UTILITY AUTHORITY RESOLUTION NO. 2023/2024-02 A RESOLUTION OF THE BOARD OF SUPERVISORS OF THE CLAY COUNTY UTILITY AUTHORITY ADOPTING FISCAL YEAR 2023/2024 ANNUAL BUDGET; PROVIDING AN EFFECTIVE DATE. WHEREAS, the annual budget for the Clay County Utility Authority(the "Authority") for Fiscal Year 2023/2024, beginning October 1, 2023, and continuing through September 30, 2024, incorporates anticipated revenues and expenditures for all systems to be operated by the Authority for such period; and WHEREAS, Chapter 94-491, Laws of Florida, Special Acts of 1994, which created the Authority as a multicounty,independent special district of the State of Florida, directs and requires that the Authority annually adopt its budget for the then current fiscal year, following the same procedure as followed by Clay County, Florida, for budget adoption and approval; and co c WHEREAS, the Authority has duly submitted to the Board of County Commissioners for :' Clay County,Florida,its proposed annual budget for Fiscal Year 2023/2024,and has duly published o notice of its public hearing to consider the final adoption of its annual budget for Fiscal Year L2023/2024, together with a budget summary describing the contents of the entire budget; and 0 w re WHEREAS, the Authority has previously published its proposed budget for Fiscal Year 2023/2024, the final version of which is attached hereto as Exhibit "A" and herein incorporated by reference, following a duly noticed public rate hearing on September 12, 2023, at which time the Board received staff comments and public comments on the then proposed budget and the proposed rates for Fiscal Year 2023/2024, upon which the proposed budget was based; and WHEREAS, the Authority finds that it is in its best interest, and in the best interest of its ratepayers as a whole,to adopt its annual budget for Fiscal Year 2023/2024 in the form as attached as Exhibit "A" hereto, being the same budget as published by the Board in advance of the Public Rate Hearing. NOW THEREFORE,BE IT RESOLVED BY THE BOARD OF SUPERVISORS OF THE CLAY COUNTY UTILITY AUTHORITY, an independent special district created and existing under Chapter 94-491, Laws of Florida, Special Acts of 1994, as follows: 1 Resolution No. 2023/2024-02 Section 1. The Board does hereby formally adopt and approve the Authority's annual budget for Fiscal Year 2023/2024 in the form as attached hereto as Exhibit "A". Section 2. This Resolution shall become effective as of October 1, 2023. DULY ADOPTED, by the Board of Supervisors of the Clay County Utility Authority, and effective as of October 1, 2023. CLAY COUNTY UTILITY AUTHORITY, BY ITS BOARD OF SUPERVISORS By: , Chairman ATTEST: By: Janice Loudermilk, Secretary Clay County Utility Authority (Seal) 2 Resolution No. 2023/2024-02 EXHIBIT "A" 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 o 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 106,140,220 106,140,220 Projected Cash at September 30, 2024 2,000,000 20,140,937 525,000 22,665,937 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 CLAY COUNTY UTILITY AUTHORITY 2023/2024 PROPOSED OPERATING BUDGET Revenues: Water Revenue 21,289,458 Sewer Revenue 34,062,233 Reclaimed Revenue 6,585,636 Connection Fees,AWS&DEP Grants 8,405,168 Miscellaneous Revenue 1,948,323 Capital Fund-Const.Dept.Labor,OH,&Equipment 526,841 Interest-Restricted 2,397 Interest-Non Restricted 853,229 Total Revenues $73,673,284 Expenditures: Budget Carryforward ($128,081) Debt Service-Interest $2,914,754 Debt Service-Principal 7,004,373 Debt Service-Stabilization Restricted Interest Income 2,397 Renewal&Replacement Fund 2,844,521 Environmental Reuse Capital Fund 1,396,297 Connection Fee Fund,AWS&DEP Grants 8,405,168 Departmental Capital Fund 1,275,500 Capital Reserve 2,844,521 Total Debt and Capital Expenditures $26,559,450 Operation Expenses: Wages $15,290,634 Capitalized Wages ($588,050) Health Insurance 2,974,776 Retirement 1,559,819 Licenses, Education, &Uniforms 338,639 Payroll Taxes 1,097,023 tO Workers Compensation ins. 199,205 General Liability&Property Insurance 1,617,963 Transportation Expense 732,940 Rental Space 62,767 Communication Expense 465,190 Electric&Fuel-W/P 1,057,800 Electric&Fuel-L/S 540,000 Electric&Fuel-STP 1,781,000 Electric&Fuel-Office 46,066 Chemicals Water 245,000 Chemicals Sewer 998,000 Supplies-Water 1,452,175 Supplies-Sewage 1,328,600 Supplies Office 666,733 Software 1,516,845 Engineering Expense 265,000 Legal Expense _ 661,000 Audit Expense 34,500 Subcontractors-Water 975,200 Subcontractors-Water Testing 143,000 Subcontractors-Sewage 1,799,500 Subcontractors-Sewage Testing 207,000 Subcontractors AWS - Subcontractors General 2,001,451 Sludge Removal&Treatment 2,805,750 Bad Debt Expense 500 Miscellaneous 460,981 Contingency 1,010,613 Board Of Directors Compensation 52,194 Due in Lieu of Taxes 2,787,180 Total Operation Expenses $46,586,992 CLAY COUNTY UTILITY AUTHORITY 2023/2024 PROPOSED OPERATING BUDGET Construction Department Expenses: Wages $156,166 Health Insurance 39,012 Retirement 19,956 Payroll Taxes 14,205 Workers'Compensation Insurance 4,727 Property/Liability Insurance 90,387 Equipment Fuel, Repairs&Maintenance 20,000 Field Supplies&Small Tools 12,700 Office Supplies _ 250 Material&Subcontractors 2,100 Miscellaneous Expenses&Employee Training 28,384 Contingency Reserve 34,570 Depreciation 104,385 Total Construction Department Costs $526,841 Total Expenditures $73,673,284 (OVER)UNDER BUDGET $0 to Clay County Utility Authority 2023/2024 Proposed Self Insurance Fund Budget TOTAL SELF INSURANCE FUND FUND BALANCE: Sewer Backup $ 500,000 Unemployment 25,000 Fund Balance, Estimated as of October 1, 2023 $ 525,000 EXPENDITURES: Expenditures will be Board Approved per Occurrence Total Expenditures $ - Fund Balance September 30, 2024 $ 525,000 to Clay County Utility Authority Proposed Departmental Capital Budget FY 2023-2024 Description Total Budget Water Treatment Chevy 2500 4x4 quad cab work body $ 55,000.00 Chevy 2500 4x4 quad cab work body $ 55,000.00 Chevy 2500 4x4 quad cab work body $ 55,000.00 (3x)WTP Roofs $ 30,000.00 $ 195,000.00 Wastewater Treatment 1 Hauler 800x gas yard cart $ 9,500.00 $ 9,500.00 Distribution&Collection Vac-con $ 115,000.00 (2)Ground Penetrating Radars $ 50,000.00 GMC Sierra 2500 4X4 Work Body $ 55,000.00 GMC Sierra 2500 4X4 Work Body $ 55,000.00 GMC Sierra 2500 4X4 Work Body $ 55,000.00 150 KW Trailer Mounted Generator $ 180,000.00 60 KW Trailer Mounted Generator $ 110,000.00 $ 620,000.00 GIS None Customer Service Public Relations None to Construction None Service Availability None IT Cisco Nexus 93180YC-FX(need 2,$14000 ea) $ 28,000.00 Cisco Catalyst w/fiber module(3 at$1100 ea) $ 33,000.00 Color Copier For Admin Expansion $ 12,000.00 Black and White Copier For Admin Expansion $ 9,000.00 Board Room AV $ 115,000.00 $ 197,000.00 Facility Management ECO DUAL GAS A/C Service Station $ 11,000.00 Scissor Lift $ 13,000.00 Small Floor Scrubber $ 5,000.00 Admin Vehicle $ 35,000.00 West Wing Office Furniture $ 150,000.00 Security System Expansion $ 20,000.00 CCTV System Expansion $ 20,000.00 $ 254,000.00 Inventory None Construction and Inspection Services None Engineering None SCADA None Master Departmental Capital Contingency $ - Total Department Budgets $ 1,275,500.00