RESOLUTION # 16-02


RESOLUTION OF THE BOARD OF COMMISSIONERS OF THE IMMOKALEE WATER AND SEWER DISTRICT ADOPTING THE FINAL 2015 FISCAL YEAR BUDGET.


WHEREAS, the Board of Commissioners of the IMMOKALEE WATER AND SEWER DISTRICT (hereinafter referred to as the "Board") is empowered to construct, operate and maintain a Water and Sewer System (the "System") as described in Florida Statute Chapter 78-494, Laws of Florida, which was amended by chapters 93-366, 94-489, and 95-492, Laws of Florida, was codified, reenacted, amended, and repealed as Chapter No. 98-495, was amended in Chapter 2005- 298; and was amended in Chapter 2015-205; and


WHEREAS, the Board is authorized and empowered to make rules and regulations for its own government and proceedings; and


WHEREAS, the Board met reviewed, amended, and adopted the budget for the Fiscal year ending September 30, 2015, during a publicly advertised meeting on November 17, 2015;


NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF COMMISSIONERS OF THE IMMOKALEE WATER AND SEWER

DISTRICT, in public meeting assembled that the following Final 2015 Fiscal Year be adopted and recognized as Resolution 16-02:

IMMOKALEE WATER & SEWER DISTRICT

FISCAL YEAR 2015 BUDGET

SOURCES AND USES OF FUNDS

2015

2015

2015

ORIGINAL

1ST AMENDMENT

FINAL

SOURCES OF FUNDS

Charges for Services

Water Sales

$2,720,478

$2,683,566

$2,723,616

Wastewater Charges

4,626,397

4,627,069

4,689,555

Meter Service Charges

580,807

585,128

585,006

Reconnection and Transfer Fees

105,000

102,360

103,275

Miscellaneous Charges and Fees

50,000

237,757

231,167

Late Fees

86,000

84,349

84,190

Cross Connection Control fee

289,000

297,337

296,521

Total Charges for Services

$8,457,683

$8,617,566

$8,713,330

Non-Operating Revenue

Interest Income

$33,566

$46,137

$47,692

Interest Income - Assessments

0

0

0

Assessment Interest Income

5,435

5,435

0

Contributed Capital - Grant/FDEP

0

0

0

Contributed Capital - Grant- USDA

0

0

380,506

Contributed Capital - Customers

30,000

90,332

96,660

Contributed Capital - Developers

300,619

491,147

643,009

Debt Proceeds - USDA

0

0

0

Debt Proceeds - FDEP

15,526,989

0

0

Debt Proceeds - FCB

0

0

0

Other Non-Operating Revenue

51,741

41,162

42,499

Master Plan

0

0

0

Grant / Insurance Proceeds

0

0

0

Total Non-Operating Revenue

$15,948,350

$674,213

$1,210,366

TOTAL SOURCES OF FUNDS

$24,406,033

$9,291,780

$9,923,696

USES OF FUNDS

Operations and Maintenance

Water Treatment and Distribution

$1,840,123

$1,774,582

$1,657,604

Wastewater Treatment

1,612,293

1,583,379

1,549,908

Wastewater Collection

696,857

694,948

657,649

Customer Service and Administration

1,246,955

1,270,332

1,116,294

Maintenance Department

581,820

578,799

346,968

Depreciation

1,600,000

1,600,000

1,737,469

Total O & M Expenditures

$7,578,048

$7,502,040

$7,065,893

Capital Expenditures

Water Treatment and Distribution

$15,781,805

$315,860

$445,891

Wastewater Treatment

0

0

380,506

Wastewater Collection

265,619

265,619

293,779

Customer Service and Administration

0

0

0

Maintenance Department

0

0

0

Total Capital Expenditures

$16,047,424

$581,479

$1,120,175

Debt Service

Principal

$1,348,195

$571,845

$572,646

Interest

1,005,583

760,030

759,229

Total Debt Service

$2,353,777

$1,331,875

$1,331,875


Undesignated


$2,131,773


$808,570


$1,195,419

Previous Designated Balance Forward

$5,069,867

$5,520,741

$5,520,741

Designated Funds

Additions

$1,843,229

$1,837,549

$1,872,549

Reductions

($3,000,178)

($1,664,263)

($1,139,944)

Total Designated Funds

$3,912,918

$5,694,027

$6,253,346

Other Uses of Funds

Maintenance Reserve

240,055

$0

$0

Bad Debt Expense

$35,000

35,000

31,249

Loss on Disposal of Assets

25,000

25,000

25,000

Total Other Uses of Funds

$300,055

$60,000

$56,249

TOTAL USES OF FUNDS

$26,279,304

$9,475,394

$9,574,192


Transfer from reserves to operations


$1,873,271


$183,615


($349,504)

EXCESS (DEFICIENCY) OF

SOURCES OVER USES OF FUNDS

(0)

$0

$0



Page 1 of 17


OPERATIONS

AND

MAINTENANCE



Page 2 of 17

IMMOKALEE WATER & SEWER DISTRICT

FISCAL YEAR 2015 BUDGET

OPERATIONS AND MAINTENANCE EXPENDITURES

PROGRAM 1000 - Water Treatment and Distribution


CODE


DESCRIPTION


2015


2015


2015

ORIGINAL

1ST AMENDMENT

FINAL


1100


Salaries and Wages


$665,867


$618,146


$566,169

1410

Overtime

74,281

74,281

15,848

2110

FICA

56,621

52,971

44,984

2540

Unemployment Taxes

3,736

2,818

2,521

2200

Employer Pension Contribution

39,952

37,089

32,340

2310

Health/Life Insurance

224,094

201,995

201,521

2430

Workers Compensation

28,940

25,940

23,700

4010

Travel and Training

24,000

24,000

19,703

4110

Telephone and Fax

6,654

6,177

7,384

4350

Electric---All Other

157,561

152,957

161,867

4510

General Liability Insurance

18,078

16,595

16,595

4530

Comprehensive Auto Insurance

8,765

8,776

8,776

4590

Other Insurance

80,408

85,031

85,031

4640

Repairs & Maintenance

95,609

127,809

131,744

4630

Other Contract Services

23,330

24,715

27,918

5220

Vehicle Fuel

46,148

34,383

33,583

4650

Vehicle Maintenance

20,161

20,161

16,424

3310

Licenses and Permits

2,045

3,966

7,592

5240

Chemicals

101,314

94,214

101,314

5340

Other Materials

126,674

126,674

126,674

5280

Laboratory Fees

31,104

31,104

22,865

5270

Uniforms/Clothing Allowance

3,600

3,600

2,211

5410

Memberships/Periodicals/Books

1,181

1,181

840


COLUMN TOTALS


$1,840,123


$1,774,582


$1,657,604

IMMOKALEE WATER & SEWER DISTRICT

FISCAL YEAR 2015 BUDGET

OPERATIONS AND MAINTENANCE EXPENDITURES

PROGRAM 2000 - Wastewater Treatment


CODE


DESCRIPTION


2015


2015


2015

ORIGINAL

1ST AMENDMENT

FINAL


1110


Salaries and Wages


$495,413


$500,093


$515,407

1410

Overtime

25,109

25,109

9,327

2110

FICA

39,820

40,178

39,367

2540

Unemployment Taxes

2,824

2,213

2,057

2200

Employer Pension Contribution

29,725

30,006

24,721

2310

Health/Life Insurance

156,074

153,949

140,821

2430

Workers Compensation

15,512

15,512

12,470

4010

Travel and Training

18,000

18,000

6,299

4110

Telephone and Fax

3,433

3,433

2,345

4350

Electric

241,931

241,931

272,887

4370

Section 8 Electric

20,915

14,233

9,752

4510

General Liability Insurance

21,427

16,595

16,595

4530

Comprehensive Auto Insurance

5,578

4,387

4,387

4590

Other Insurance

100,796

90,029

80,029

4920

Section 8 Field Maintenance

14,849

14,849

14,849

4640

Repairs & Maintenance

97,555

97,555

98,072

4660

Section 8 Repairs

13,415

13,415

15,724

4630

Other Contract Services

27,150

27,150

16,659

5220

Vehicle Fuel

19,000

12,226

10,609

4650

Vehicle Maintenance

8,935

13,531

13,195

3310

Licenses and Permits

13,814

11,295

1,275

5240

Chemicals

46,140

49,526

49,947

5340

Other Materials

28,234

30,160

45,757

5280

Laboratory Fees

23,955

29,607

31,280

4910

Residuals Management

139,700

125,408

114,367

5270

Uniforms/Clothing Allowance

2,400

2,400

960

5410

Memberships/Periodicals/Books

589

589

750


COLUMN TOTALS


$1,612,293


$1,583,379


$1,549,908

IMMOKALEE WATER & SEWER DISTRICT

FISCAL YEAR 2015 BUDGET

OPERATIONS AND MAINTENANCE EXPENDITURES

PROGRAM 3000 - Wastewater Collection Dept.


CODE


DESCRIPTION


2015


2015


2015

ORIGINAL

1ST AMENDMENT

FINAL


1110


Salaries and Wages


$298,820


$298,820


$287,280

1410

Overtime

29,781

29,781

14,582

2110

FICA

25,138

25,138

22,725

2540

Unemployment Taxes

1,368

1,045

945

2200

Employer Pension Contribution

17,929

17,929

16,261

2310

Health/Life Insurance

93,619

95,893

95,485

2430

Workers Compensation

9,792

9,792

7,698

4010

Travel and Training

12,000

12,000

8,014

4110

Telephone and Fax

1,989

1,989

1,838

4350

Electric

54,379

35,306

34,577

4510

General Liability Insurance

18,078

16,595

16,595

4530

Comprehensive Auto Insurance

4,780

5,118

5,118

4590

Other Insurance

1,183

1,250

1,250

4640

Repairs & Maintenance

58,008

58,008

59,231

4630

Other Contract Services

1,961

1,901

2,833

5220

Vehicle Fuel

21,528

13,889

13,981

4650

Vehicle Maintenance

15,109

26,446

24,177

3310

Licenses & Permits

7,306

7,306

290

5240

Chemicals

1,451

1,451

1,451

5340

Other Materials

20,448

33,102

41,879

5270

Uniforms/Clothing Allowance

1,800

1,800

919

5410

Memberships/Periodicals/Books

389

389

520


COLUMN TOTALS


$696,857


$694,948


$657,649

IMMOKALEE WATER & SEWER DISTRICT

FISCAL YEAR 2015 BUDGET

OPERATIONS AND MAINTENANCE EXPENDITURES

PROGRAM 4000 - Customer Service / Administration


CODE


DESCRIPTION


2015


2015


2015

ORIGINAL

1ST AMENDMENT

FINAL


1110


Salaries and Wages


$545,009


$545,009


$498,614

1410

Overtime

3,044

3,044

1,135

2110

FICA

41,926

41,926

36,240

2540

Unemployment Taxes

3,280

2,148

1,680

2200

Employer Pension Contribution

32,701

32,701

29,032

2310

Health/Life Insurance

141,314

155,652

134,907

2430

Workers Compensation

2,370

1,281

374

3120

Legal Services

43,000

43,000

41,299

3130

Legal Services - Sewer Assessments

0

0

0

3130

Other Professional Services

1,500

1,500

788

3210

Accounting/Auditing

44,000

44,000

34,500

3140

Engineering Services

141,300

141,300

141,300

3140

Engineering Services/ SRF

0

0

0

4010

Travel and Training

27,000

27,000

17,253

4110

Telephone and Fax

5,731

3,809

3,348

4210

Postage & Freight

34,802

42,725

38,152

4510

General Liability Insurance

3,562

3,278

3,278

4530

Comprehensive Auto Insurance

796

731

731

4590

Other Insurance

34,591

29,473

29,473

4630

Other Contract Services

34,682

34,682

509

4640

Repairs & Maintenance

20,346

26,929

30,841

5220

Vehicle Fuel

451

335

255

4650

Vehicle Maintenance

1,687

2,827

2,373

5130

Office Supplies

26,368

26,368

19,592

4930

Misc. Office Expense

34,310

34,310

33,340

4930

Misc. Bank Fees

5,859

8,978

8,340

4930

Misc. Expense

706

706

3,929

4930

Arrowhead Assessment Exp.

3,000

3,000

(35)

4930

Advertising

3,488

3,488

4,871

3310

Licenses and Permits

1,403

1,403

175

5410

Memberships/Periodicals/Books

8,729

8,729

8,301

Master Plan Expense

0


COLUMN TOTALS


$1,246,955


$1,270,332


$1,116,294

IMMOKALEE WATER & SEWER DISTRICT

FISCAL YEAR 2015 BUDGET

OPERATIONS AND MAINTENANCE EXPENDITURES

PROGRAM 5000 - MAINTENANCE


CODE


DESCRIPTION


2015


2015


2015

ORIGINAL

1ST AMENDMENT

FINAL


1110


Salaries and Wages


$316,563


$316,563


$163,480

1410

Overtime

38,745

38,745

1,036

2110

FICA

27,181

27,181

12,229

2540

Unemployment Taxes

1,368

616

451

2200

Employer Pension Contribution

18,994

18,994

15,982

2310

Health/Life Insurance

96,456

98,059

91,120

2430

Workers Compensation

10,588

9,088

7,686

4010

Travel and Training

12,000

12,000

3,173

4110

Telephone and Fax

1,645

1,635

1,703

4510

General Liability Insurance

2,464

2,255

2,255

4530

Comprehensive Auto Insurance

5,578

5,118

5,118

4640

Repairs & Maintenance

7,388

7,388

5,495

4630

Other Contract Services

2,876

2,876

1,043

5220

Vehicle Fuel

11,720

10,028

7,945

4650

Vehicle Maintenance

11,638

11,638

10,617

3310

Licenses and Permits

1,089

1,089

40

5340

Other Materials

13,281

13,281

16,131

5270

Uniforms/Clothing Allowance

1,800

1,800

819

5410

Memberships/Periodicals/Books

447

447

645


COLUMN TOTALS


$581,820


$578,799


$346,968


CAPITAL

OUTLAY

IMMOKALEE WATER & SEWER DISTRICT

FISCAL YEAR 2015 BUDGET


WATER TREATMENT AND DISTRIBUTION


CAPITAL

CAPITAL OUTLAY

PROPOSAL

2015

2015

2015

NUMBER

ORIGINAL

1ST AMENDMENT

FINAL


OTHER CAPITAL & EMERGENCY FUNDS*


68,012


67,089


25,000

ON GOING METER REPLACEMENT FUND

2015-101

100,000

124,000

134,892

(2) F150 REGULAR CAB

2015-102

45,720

45,720

45,720

(1) ELECTRIC GATE - CARSON WATER PLANT

2015-103

10,983

10,983

10,983

MINI TAKEUCHI EXCAVATOR AND TRAILER

2015-104

60,000

59,944

59,944

COMPUTERS (4) PLUS INSTALLATION

2015-105

2,700

4,052

4,052

AC & UNDERSIZED LINES -1,2,3,& 4 (ENGINEERING & PERMITTING)

500,000

500,000

500,000

NEW AC JVW PLANT

11,775

11,775

11,775

AC REPLACEMENT WATER PLANT OFFICE

5,975

5,975

IMMOKALEE DRIVE - QUALITY ENTERPRISES

196,000

199,999

CARPORT FOR EQUIPMENT

2,353

2,353

PROJECTS FINANCED FROM RESERVE FUNDS -

-799,190

-1,027,892

-1,000,693


FDEP SRF LOAN


15,526,989


Contributed Capital - Developer


225,528


225,528


349,231

Contributed Capital - Customer

29,288

90,332

96,660


TOTALS


15,781,805


315,860


445,891

IMMOKALEE WATER & SEWER DISTRICT

FISCAL YEAR 2015 BUDGET


WASTEWATER TREATMENT


CAPITAL

CAPITAL OUTLAY

PROPOSAL

2015

2015

2015

NUMBER

ORIGINAL

1ST AMENDMENT

FINAL


OTHER CAPITAL & EMERGENCY FUNDS*


57,830


12,812


12,812

EXTRA SPREADER FOR BIOSET

2015-201

45,000

45,931

45,931

4X4 ALL TERRAIN UTILITY VEHICLE

2015-202

11,000

11,000

11,000

CLARIFIER REPAIR

40,000

40,000

CARPORTS FOR EQUIPMENT

5,018

5,018

GEOTECH SENSORS - MONITORING EQUIP SPRAYFIELD

15,160


DIW Piping Project


16,519

PROJECTS FINANCED FROM RESERVE FUNDS -

-113,830

-114,761

-146,440

USDA FUNDED PROJECT LOAN - WWTP EXPANSION


380,506

USDA FUNDED PROJECT GRANT * ESTIMATED 2013


TOTALS


$0


$0


$380,506

IMMOKALEE WATER & SEWER DISTRICT

FISCAL YEAR 2015 BUDGET


WASTEWATER COLLECTION


CAPITAL

CAPITAL OUTLAY

PROPOSAL

2015

2015

2015

NUMBER

ORIGINAL

1ST AMENDMENT

FINAL


OTHER CAPITAL & EMERGENCY FUNDS*


55,042


42,247


35,000

MANHOLE REPLACEMENT

50,000

50,000

50,000

LIFT STATION REPLACEMENT PARTS-ONGOING

2015-301

40,000

40,000

40,000

BOOM TRUCK WITH HYDRAULIC CRANE

2015-302

76,498

76,498

76,498

LIFT STATION SCADA SYSTEM (5)

2015-303

31,250

33,403

33,403

PORTABLE GENERATOR

2015-304

24,000

23,597

23,597

SEWER CAMERA

2015-305

12,588

12,147

12,147

LIFT STATION X2 & W CELLULAR BASED RTU

6,032

11,300

CARPORT ROOFS FOR EQUIPMENT

5,013

5,013

PROJECTS FINANCED FROM RESERVE FUNDS -

-289,378

-288,937

-286,958

Contributed Capital - Developer -

265,619

265,619

293,779


TOTALS


$265,619


$265,619


$293,779

IMMOKALEE WATER & SEWER DISTRICT

FISCAL YEAR 2015 BUDGET


CUSTOMER SERVICE / ADMINISTRATION


CAPITAL

CAPITAL OUTLAY

PROPOSAL

2015

2015

2015

NUMBER

ORIGINAL

1ST AMENDMENT

FINAL


OTHER CAPITAL & EMERGENCY FUNDS*


29,040


24,084


24,084

TAPE BACKUP ON FILE SERVER

2,956

2,956

BILLMASTER UPGRADE TO ONLINE PAYMENTS

2,000

2,000

PROJECTS FINANCED FROM RESERVE FUNDS -

-29,040

-29,040

-29,040

USDA FUNDED PROJECT LOAN

USDA FUNDED PROJECT GRANT *


TOTALS


0


0


0

IMMOKALEE WATER & SEWER DISTRICT

FISCAL YEAR 2015 BUDGET


MAINTENANCE


CAPITAL

CAPITAL OUTLAY

PROPOSAL

2015

2015

2015

NUMBER

ORIGINAL

1ST AMENDMENT

FINAL


OTHER CAPITAL & EMERGENCY FUNDS*


5,000


5,000


5,000

F250 TRUCK WITH 8' UTILITY BOX

2015-501

25,883

0

0

EMERGENCY, SPECIALTY & SHOP TOOLS

2015-502

10,000

10,000

10,000

CARPORT ROOF

5,018

5,018

TRAILER

6,298

PROJECTS FINANCED FROM RESERVE FUNDS -

-40,883

-20,018

-26,316


TOTALS


$0


$0


$0



DEBT


SERVICE

IMMOKALEE WATER & SEWER DISTRICT

FISCAL YEAR 2015 BUDGET


DEBT SERVICE EXPENDITURES


2015


2015


2015

ORIGINAL

1ST AMENDMENT

FINAL


DEBT SERVICE EXPENDITURES

SERIES A REVENUE BONDS

Principal

90,000

90,000

90,000

Interest

32,000

32,000

32,000

SERIES B REVENUE BONDS

Principal

37,000

37,000

37,000

Interest

11,400

11,400

11,400

SERIES 1985 REVENUE BONDS

Principal

21,000

21,000

21,000

Interest

15,398

15,398

15,398

SERIES 1989 REVENUE BONDS

Principal

97,000

97,000

97,000

Interest

125,300

125,300

125,300

SERIES 1990 REVENUE BONDS

Principal

6,000

6,000

6,000

Interest

8,350

8,350

8,350

SERIES 1996 REVENUE BONDS

Principal

91,000

91,000

91,000

Interest

168,920

168,920

168,920

SERIES 1998 REVENUE BONDS

Principal

15,000

15,000

15,000

Interest

28,980

28,980

28,980

SERIES 2001 REFUNDING BONDS (USDA)

Principal

38,000

38,000

38,000

Interest

86,760

86,760

86,760

CAPITAL LEASE PAYMENTS

Principal

0

0

0

Interest

0

0

0

SERIES 2008 REVENUE BONDS (USDA)

Principal

45,000

45,000

45,000

Interest

138,644

138,644

138,644

SERIES 2013 REVENUE BONDS (USDA)

Principal

48,000

48,000

48,000

Interest

121,974

123,300

123,300

SERIES 2013 REVENUE BONDS (USDA)- Assessment

Principal

53,045

53,045

53,045

Interest

3,183

3,183

3,183

FLORIDA COMMUNITY BANK - WWTP CONST. LOAN

Principal

0

0

0

Interest

0

0

0

FDEP LOAN DW110120

Principal

16,943

16,943

17,405

Interest

10,377

10,377

9,915

FDEP LOAN DW110121

Principal

13,857

13,857

14,196

Interest

7,417

7,417

7,079

FDEP LOAN DW11014

Principal

776,349

0

Interest

246,879

0


Total Principal


1,348,195


571,845


572,646

Total Interest

1,005,583

760,030

759,229


TOTAL DEBT SERVICE EXPENDITURES


$2,353,777


$1,331,875


$1,331,875


Page 15 of 17


Page 15 of 17

IMMOKALEE WATER & SEWER DISTRICT

FISCAL YEAR 2015 BUDGET


DEBT SERVICE RESERVES


2015


2015


2015

ORIGINAL

1ST AMENDMENT

FINAL


DEBT SERVICE RESERVES

SERIES A REVENUE BONDS

Annual Reserve

0

0

0

Reserve Balance

151,008

151,008

151,008

SERIES B REVENUE BONDS

Annual Reserve

0

0

0

Reserve Balance

20,592

20,592

20,592

SERIES 1985 REVENUE BONDS

Annual Reserve

0

0

0

Reserve Balance

37,680

37,680

37,680

SERIES 1989 REVENUE BONDS

Annual Reserve

0

0

0

Reserve Balance

404,518

404,518

404,518

SERIES 1990 REVENUE BONDS

Annual Reserve

0

0

0

Reserve Balance

27,931

27,931

27,931

SERIES 1996 REVENUE BONDS

Annual Reserve

0

0

0

Reserve Balance

426,868

426,868

426,868

SERIES 1998 REVENUE BONDS

Annual Reserve

0

0

0

Reserve Balance

31,500

31,500

31,500

SERIES 2001 REVENUE BONDS

Annual Reserve

0

0

0

Balance

52,250

52,250

52,250

SERIES 2008 REVENUE BONDS (USDA)

Annual Reserve

18,372

18,372

18,372

Balance

128,604

128,604

128,604

SERIES 2013 REVENUE BONDS (USDA)

Annual Reserve

20,000

20,000

20,000

Balance

43,333

43,333

43,333

LESS

BALANCE IN SPECIAL RESTRICTED RESERVE

165,900

165,900

165,900

Total Annual Reserves

38,372

38,372

38,372

Reserve Balance

1,158,384

1,158,384

1,158,384



Page 16 of 17

IMMOKALEE WATER & SEWER DISTRICT

FISCAL YEAR 2015 BUDGET


Unrestricted Net Assets


2015


2015


2015

ADOPTED

1ST AMENDMENT

FINAL


Designated Funds


100,000


100,000


100,000

Designated for emergencies

Additions to fund

Reductions to fund

Net emergency fund

860,000

860,000

860,000


Designated for operations (6 months)


353,174


37,494


37,494

Additions to fund

Reductions to fund

Net operation funds

2,913,526

2,673,344

2,673,344


Designated for vehicle replacement

Additions to fund

150,000

100,000

100,000

Reductions to fund

(148,000)

(122,218)

(76,498)

Net vehicle replacement fund

259,877

230,633

276,353


Designated for capital equipment

Additions to fund

1,000,000

1,360,000

1,395,000

Reductions to fund

(978,907)

(1,358,429)

(1,412,950)

Net capital/equipment fund

301,445

210,624

191,103


Designated for maintenance reserve


240,055


240,055


240,055

Additions to fund

Reductions to fund

Net maintenance reserve

1,903,042

1,903,042

1,903,042


Transfer to operations


(1,873,271)


(183,615)


349,504

Undesignated

2,131,773

808,570

1,195,419


Total Designated funds


6,237,890


5,877,642


5,903,842

Undesignated funds

2,131,773

808,570

1,195,419

Total additions

1,843,229

1,837,549

1,872,549

Total reductions

(3,000,178)

(1,664,263)

(1,139,944)

Balance

6,496,392

6,502,597

7,448,766



Page 17 of 17


PASSED AND DULY ADOPTED by the Board of Commissioners of the IMMOKALEE WATER AND SEWER DISTRICT, this 17th day of

November 2015.


BOARD OF COMMISSIONERS IMMOKALEE WATER AND SEWER DISTRICT


BY: BY:

Patricia Anne Goodnight Bonnie Keen

Chairperson Secretary