Okaloosa County BOCC — September 16, 2014 — BWB MSBU Signed Notice of Assmt ltr to BCC & FY 2015 Budget 070114 — reading text

Bluewater Bay Municipal Benefit Services Unit Post Office Box 5291 Niceville Florida 32578-5291 Phone: 850-897-9400 Fax: 850-897-9211 July 1, 2014 Chairman Kelly Windes Okaloosa Board of County Commissioners 1804 Lewis Turner Bivd. Fort Walton Beach, Florida 32547 Dear Commissioner Windes: As required by Okaloosa County Ordinance 02-16, as amended and Florida Statues, Section 125.01(1) (q), a duly noticed public meeting was held of the Bluewater Bay Municipal Benefit Services Unit's Board of Directors to approve our recommendation to the Okaloosa Board of County Commissioners for the Fiscal Year 2015 Budget. , The Board of Directors approved the following Fiscal Year 2015 Budget and Annual Assessment: The Fiscal Year 2015 Bluewater Bay MSBU Budget totals $373,969.00. Please note that this budget reflects a carryover of the Fiscal Year 2014 Reserves and Cash Contingency funds. It does not include any other cash carryover from FY2014 or previous years. A 2015 Tax Roll Annual Assessment per Unit is $63.00 (4672.65 total assessed units). These funds are to be collected by the Okaloosa County Tax Collector. Please take the appropriate action to bill each property owner within the boundaries of the Bluewater Bay MSBU. The unit assessment for this year's Tax Roll has been applied to each parcel within the Bluewater Bay MSBU and forwarded to the Okaloosa County Property Appraiser for entry on this year’s Tax Roll. Thanks very much for your prompt attention in this very important matter. Please do not hesitate to contact me if you have any questions or need further information. Sincerely, JOP. ha— Jonathqn Tallman, Director of Finance Bluewater Bay MSBU cc: Pete Smith, Property Appraiser Ben Anderson, Tax Collector John Dowd, County Attorney Gary Stanford, Finance Officer John Hofstad, Director of Public Works Attachment: Bluewater Bay MSBU — Unit Directors Approved Fiscal Year 2015 Budget Adopted July 1, 2084 Bluewater Bay MSBU ADOPTED ANNUAL BUDGET OCTOBER 1, 2014 - SEPTEMBER 30, 2015 2013 - 2014 2014 - 2015 ANNUAL 2014 - 2015 BUDGET NOTES ADOPTED BUDGET BUDGET INCOME 3300 MSBU TAX REVENUE 266,340.00 Tax revenue based on 4673.6 parcels @ $63 a year 294,437.00 3302 CARRYOVR-CONTINGENCY FUNDS 50,000.00 50,000.00 3304 CARRYOVR-GENERAL FUNDS 0.00 0.00 3306 CARRYOVR-RESERVES 29,532.00 29,532.00 3310 - INTEREST 0.00 0.00 3312 - OTHER INCOME 0.00 0.00 erereeenent tre Total INCOME 345,872.00 373,969.00 EXPENSES A- PROFESSIONAL SERVICES 4402 - MANAGEMENT FEES 24,000.00 24,000.00 4405 - CONSULTING FEES 2,622.00 2,400.00 4407 - WEBSITE MAINTENANCE FEE 71,800.00 1,800.00 4440 - ADVERTISING 240.00 360.00 Total A - PROFESSIONAL SERVICES 28,662.00 28,560.00 B - ADMINISTRATIVE 4410 - ADMINISTRATIVE SUPPLIES 600.00 Based on avg mtg package cost 4,560.00 ————— — Total B - ADMINISTRATIVE 600.00 4,560.00 ¢G - COMMUNITY SERVICES 4418 - LANDSCAPE CONTRACT 92,016.00 Based on current contract all-inclusive 214,000.00 4419 - LANDSCAPE IRRIGATION 12,000.00 24,000.00 Replcmt plant material, landscape projects, tree trimming, holiday lighting, light bulb replcmt, power 4420 - COMMON AREA ENHANCEMENTS 74,984.00 washing, ete. 17,655.00 4421 - FUNDED ROW OPTIONS 9,000.00 0.00 4422 - SPECIAL PROJECTS LNSCP 11,220.00 0.00 4424 - SIGN R&M 1,800.00 2,400.00 Funding for a professional master community plan 4426 - MASTER COMMUNITY PLAN 0.00 14,740.00 — eine Total C - COMMUNITY SERVICES 201,020.00 272,795.00 D - INSURANCE 4505 - SECURITY BONDS 384.00 506.00 4506 - D&O LIABILITY 2,136.00 2,136.00 4508 - GENERAL LIABILITY 3,720.00 3,787.00 Total D - INSURANCE 6,240.00 6,429.00 £ -LICENSES & FEES 4409 - PROPERTY APPRAISER 4,578.00 Quarterly payments 4,576.00 4411 - TAX COLLECTOR COMMISSION 5,325.00 Reflects 2% of collected taxes 5,889.00 Total E - LICENSES & FEES 9,903.00 10,465.00 Page 1 of 2 Adopted July 1, 2014 F - UTILITIES 4441. ELEC LIGHTS & PUMPS 4442 - TELEPHONE & COMMUNICATIO 4445 - WATER & SEWER Total F - UTILITIES G - RESERVES & SUPPLEMENTAL 4455 - RESERVES ALLOCATIONS 4457 - SUPPLEMENTAL CONTINGENCY Total G - RESERVES & SUPPLEMENTAL H - SPECIAL PROJECTS 4460 - SPECIAL PROJECTS GENERAL Total H - SPECIAL PROJECTS 1- OTHER EXPENSES 4460 - RECORD STORAGE FEES 4461 - MEETING ROOM FEES Total | - OTHER EXPENSES Total EXPENSES Bluewater Bay MSBU ADOPTED ANNUAL BUDGET OCTOBER 1, 2014 - SEPTEMBER 30, 2015 2013 - 2014 ANNUAL BUDGET 19,200.00 840.00 1,800.00 21,840.00 20,755.00 §0,000.00 70,755.00 5,652.00 OE 5,652.00 720.00 480.00 a 1,200.00 345,872.00 2014 - 2015 BUDGET NOTES increase number of streetlights Discontinued service Based on the average billing Eliminated contingency Records storage provided in management office Public meetings and workshops held in MSBU office 2014 - 2015 ADOPTED BUDGET 22,060.00 0.00 2,400.00 24,460.00 29,400.00 0.00 29,400.00 0.00 0.00 300.00 0.00 300.00 373,969.00 Page 2 of 2