northwood community development district 2007-2008 budget presentation
TRANSCRIPT
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Northwood Community
Development District2007-2008
Budget Presentation
www.northwoodofpasco.com
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Objectives• Provide community appearance services at defined levels in
the most cost effective manner.
• Provide water management services at defined levels in the most cost effective manner.
• Maintain street lighting at defined standards; aesthetic value.
• Provide security, privacy patrol services to the community to enhance safety and quality of life.
• Identify, plan, and execute capital programs to maintain and enhance the existing infrastructure to hold its position as a “premier” community. (Explore various financing mechanisms.)
• Identify and execute programs to restore, maintain, and enhance preserve areas in a cost effective manner.
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Levels of ServiceMandatory
This service is required by regulatory permit or other authority
Essential Those services funded above the mandatory level and considered important to the residents of the community
DiscretionaryThose services funded and which can be reviewed for sufficiency, based on the service commitment by the community and the cost of the servicebeing provided
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Level of ServiceCommitment
Program CommitmentAdministration MandatoryDebt Service MandatoryStreet Lighting Program MandatoryWaterway Management Program
MandatoryCommunity Appearance Program EssentialParks & Recreation Program Essential
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Level of ServiceChanges in Fiscal Year
2007 Security Patrol Pool/Park Rejuvenation
Includes pressure wash of all facilities/playground equipment/fencing, painting of cabana/fencing, replacement of fencing, new cabana gate with new locks, new bathroom locks, fix bathroom windows and bring pool up to compliance.
Replacement of dead plants/trees Washington Palms hit by lighting
Sidewalk repairs Erosion repair Tree Trimming
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Potential Level of Service
Changes in Fiscal Year 2008
LandscapingParks and RecreationHardscapesWaterwaysSecurityFocal Points
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LANDSCAPING: Increase Village Annual Beds Sizes
($4,000) Replace small Legustriums with larger
(3,200) Palm Pruning - second cut ($3,000) New Berm at back of community
(Alligator area) – ($10,000) Add more Ginger take away Indian
Hawthorne to add color ($1,500) Upgrade pool/park area landscaping
($3,000) Turf replacement where needed
($2,500) TOTAL COST - $27,200
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LANDSCAPING: Upgrade Sprinkler System at
Caladesi Park
TOTAL COST - $3,400
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Parks and Recreation: 6 ft. Fence surrounding pool,
playground and courts - $31,600
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Parks and Recreation: Access Control System Door King 1838
- $12,338
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Parks and Recreation: Pool – Resurface Deck - estimated at
$9,677 or Re-stain deck for $4,319
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Parks and Recreation: Pool - Re-Marcite - estimated at
$25,868
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Parks and Recreation:Kids Water Park - $80,000 estimated
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Parks and Recreation: New Playground Equipment - $27,000
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Parks and Recreation: New Playground Equipment - $25,000
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Parks and Recreation: New Playground Equipment – w/swings
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Parks and Recreation:New Playground Equipment - $22,000
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Parks and Recreation: New Playground Equipment - $19,000
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Parks and Recreation: New Playground Equipment - $16,000
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Parks and Recreation: Infant Playground Equipment - $1,700
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Parks and Recreation: Toddler Playground Equipment -
$3,200
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Parks and Recreation: Toddler Freestanding fun avg. $3,500 each
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Parks and Recreation: Toddler swing set – $1,000
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Parks and Recreation: Outside Fitness Equipment - $10,700
Additional track - $3,100
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Parks and Recreation: Park Flooring – Cushion Tile -
estimated at $19,000 for Caladesi Park
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Parks and Recreation: Park Flooring – estimated at $18,000
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Parks and Recreation:
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Parks and Recreation: Shading - $3,000 - $7,000
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Parks and Recreation: Commercial Grade Trash Receptacles 24-Gal. Americana Open-Top Trash Receptacle with
Plastic Liner $675 per can (total of 5 cans equals $3,375)
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Parks and Recreation:6 Foot table - $1,250 each
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Parks and Recreation: Benches - $700 each (5 at $3,500) Thermoplastic coating
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Parks and Recreation: Dog Station - $350 each (3 at $1,050)
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Parks and Recreation: Dog Station - $100 each (3 at $300)
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Parks and Recreation: Water Fountain – $720 for each park
and $400 to run lines ($1,840) To be installed near both Playgrounds
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Parks and Recreation:
Tennis Court Reconditioning - $4,000 Apply two coats of multi-purpose,
100% acrylic color plus silica sand to provide a tough, durable textured sport surface
Remove all grass and weeds from court
Patched with an acrylic patch mix and leveled to surrounding areas
Crack repair Mark lines
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Parks and Recreation:
Basketball Court Reconditioning - $3,500 Apply one coat of multi-purpose, 100%
acrylic resurface, a pigmented concerted emulsion fortified with silica sand
Remove all grass and weeds from court
Patched with an acrylic patch mix and leveled to surrounding areas
Crack repair Mark lines
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Hardscapes: Upgrade Walkway around Amenity
Area - $11,300
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Hardscapes:
Retaining Walls – cost varies on length
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Waterways:Lake Fountain 60 HZ 5 HP Aerator with
spray nozzle - $14,500
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Security:Upgrade Security Office Install residential style central A/C system in guard office and
both bathrooms. Air Handler will be in guard office and compressor outside men’s restroom.
All ceilings will have blown insulation which will be required by code when adding
New A/C system (14 SEER) Upgrade electrical system including hooking up new A/C
system, three new outlets, new lighting in office, and telephone and computer jack in office
All necessary drywall/stucco repairs to walls and ceilings from current damage and the new damage that will occur with running A/C lines.
Trim out, punch out and paint guard office/install metal style desk and furnish chair
TOTAL COST $16,887
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Security:Upgrade Camera System
1 8-Channel DVR w/ 250 gig drive ($1,600) 1 Samsung color monitor ($300) 3 Speco color cameras w/ IR illuminators ($560) 1 color mini dome camera ($200) 4 18/2 cable pulls ($590) 8 labor hours for 2 people ($950)
TOTAL COST $4,200
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Focal Points:
Automatic Entry Gate - $15,230
Manned Entry Gate - $24,000
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Focal Points:Remodel Cabana Bathrooms - $28,000
– 2-Electronic no touch soap dispensers– 2-Electronic no touch Paper towel dispensers– 2-Electric no touch hand dryers– 2-Commercial grade toilet paper dispensers– 2-New mirrors over sinks– 2-Baby changing stations– 2-Sensored handicap commodes– 2-Sensored wall hung sinks– 1-Sensored urinal– New anti-slip floor tile in bathrooms– New vinyl cove base at wall– Handicap partition wall in men’s restroom– 2-Sets handicap grab bars around each toilet– 2-New dead bolt lock sets– 3-New fluorescent lights on motion activated switch– New bathroom signage– 7-New fixed glass windows– Complete paint of interior of both bathrooms
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Focal Points:Remodel Cabana Bathrooms
The price includes demo of existing bathrooms, installation of power for required components, all plumbing upgrades for new fixtures, and install of all specified items listed above. This price is a rough estimate based on time frame allowed and does not include unforeseen conditions such as plumbing issues or those items we cannot see until we get into job.
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Northwood Revenue Budget
FY 2007
Annual BudgetFiscal Year 2008 Proposed Budget
Increase / (Decrease) from FY 2007 to FY
2008
Carry-Forward Funds 177,115.00 0.00 (177,115.00)
Special Assessments - On Roll 511,337.00 612,664.00 101,327.00
Interest Income - Investments 0.00 0.00 0.00
Other Miscellaneous Revenues 0.00 0.00 0.00
688,452.00 612,664.00 (75,788.00)
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Northwood Expenditures Budget
FY 2007Annual Budget
Fiscal Year 2008 Proposed Budget
Increase / (Decrease) from FY
2007 to FY 2008
Supervisor Fees 17,224.00 12,000.00 (5,224.00)
District Manager 46,575.00 53,045.00 6,470.00
District Engineer 4,000.00 4,000.00 0.00
Dissemination Agent 1,000.00 1,000.00 0.00
Collection Agent 8,000.00 0.00 (8,000.00)
Collection Fees & Early Payment 10,880.00 0.00 (10,880.00)
Arbitrage Rebate Calculation 4,000.00 2,000.00 (2,000.00)
Auditing Services 8,200.00 7,500.00 (700.00)
Trustee's Fees 5,150.00 3,000.00 (2,150.00)
Technology Services 500.00 0.00 (500.00)
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Northwood Expenditures Budget
FY 2007
Annual BudgetFiscal Year 2008 Proposed Budget
Increase / (Decrease) from FY 2007 to FY
2008
Property Appraiser Fees 150.00 150.00 0.00
Postage, Phone, Faxes, Copies 2,050.00 1,500.00 (550.00)
Rentals & Leases 1,800.00 0.00 (1,800.00)
Public Officials Insurance 8,000.00 5,000.00 (3,000.00)
Printing & Binding 2,000.00 0.00 (2,000.00)
Legal Advertising 500.00 1,500.00 1,000.00
Bank Fees 600.00 250.00 (350.00)
Office Supplies 450.00 500.00 50.00
Dues, Licenses, & Fees 175.00 175.00 0.00
Capital Outlay 500.00 500.00 0.00
District Counsel 2,000.00 10,000.00 8,000.00
Electric Utility Services 55,000.00 62,000.00 7,000.00
Garbage Collection 63,000.00 68,904.00 5,904.00
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Northwood Expenditures Budget
FY 2007
Annual BudgetFiscal Year 2008 Proposed Budget
Increase / (Decrease) from FY
2007 to FY 2008
Landscape Maintenance 120,000.00 99,500.00 (20,500.00)
Field Manager 4,500.00 15,250.00 10,750.00
Irrigation Maintenance 0.00 10,000.00 10,000.00
Plant Replacement 0.00 15,000.00 15,000.00
Lake Maintenance 15,000.00 15,140.00 140.00
Miscellaneous Repairs & Maintenance 21,000.00 22,050.00 1,050.00
Property & Casualty Insurance 0.00 12,000.00 12,000.00
Decorative Light Maintenance 0.00 4,500.00 4,500.00
Pavement/Signage/Wall Repairs 0.00 10,000.00 10,000.00
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Northwood Expenditures Budget
FY 2007Annual Budget
Fiscal Year 2008 Proposed Budget
Increase / (Decrease) from FY 2007 to FY
2008
Cabana Maintenance 0.00 4,000.00 4,000.00
Cabana Supplies 0.00 2,000.00 2,000.00
Pool Repairs & Maintenance 8,000.00 10,200.00 2,200.00
Special Events 0.00 5,000.00 5,000.00
Security Patrol 103,500.00 130,000.00 26,500.00
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Northwood Expenditures Budget
FY 2007Annual Budget
Fiscal Year 2008 Proposed
Budget
Increase / (Decrease) from FY 2007 to FY
2008
Community Enhancement Projects 10,000.00 20,000.00 10,000.00
Contingency 5,000.00 5,000.00 0.00
Maintenance Reserves20,000.00 0.00 (20,000.00)
Operating Capital 85,000.00 0.00 (85,000.00)
Total Expenses 633,754.00 612,664.00 (21,090.00)
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2007 ASSESSMENTSFiscal Year 2007
DS Annual O&M Annual FY 2007
Lot Size Unit Count Per Unit Per Unit Per Unit Total
PARCEL 1A 50 $579 $853 1,432
PARCEL 1B 50 $556 $853 1,409
PARCEL 2 82 $556 $853 1,409
PARCEL 3A 26 $579 $853 1,432
PARCEL 3B 41 $579 $853 1,432
PARCEL 4 116 $556 $853 1,409
PARCEL 5 33 $579 $853 1,432
PARCEL 6 56 $556 $853 1,409
PARCEL 7 79 $315 $853 1,168
PARCEL 8 53 $556 $853 1,409
PARCEL 9 52 $556 $853 1,409
Total 638
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2008 PROPOSED ASSESSMENTSFiscal Year 2008
DS AnnualO&M
Annual FY 2008 Inc/(Dec) in
Lot Size Per Unit Per Unit Per Unit Total Annual Assessment
PARCEL 1A $547 $1,022 $1,569 137
PARCEL 1B $525 $1,022 $1,547 138
PARCEL 2 $525 $1,022 $1,547 138
PARCEL 3A $547 $1,022 $1,569 137
PARCEL 3B $547 $1,022 $1,569 137
PARCEL 4 $525 $1,022 $1,547 138
PARCEL 5 $547 $1,022 $1,569 137
PARCEL 6 $525 $1,022 $1,547 138
PARCEL 7 $547 $1,022 $1,569 401
PARCEL 8 $525 $1,022 $1,547 138
PARCEL 9 $525 $1,022 $1,547 138
Total
(1) Adjusted for collection costs and early payment discounts of 6%.
(2) $10,000 in adjustment O&M impact per parcel = approximate $17.00
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Congratulations
You have just completed the District’s
2008 FY Budget