Northwood Community

Development District2007-2008

Budget Presentation

www.northwoodofpasco.com

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.

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

Level of ServiceCommitment

Program CommitmentAdministration MandatoryDebt Service MandatoryStreet Lighting Program MandatoryWaterway Management Program

MandatoryCommunity Appearance Program EssentialParks & Recreation Program Essential

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

Potential Level of Service

Changes in Fiscal Year 2008

LandscapingParks and RecreationHardscapesWaterwaysSecurityFocal Points

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

LANDSCAPING: Upgrade Sprinkler System at

Caladesi Park

TOTAL COST - $3,400

Parks and Recreation: 6 ft. Fence surrounding pool,

playground and courts - $31,600

Parks and Recreation: Access Control System Door King 1838

- $12,338

Parks and Recreation: Pool – Resurface Deck - estimated at

$9,677 or Re-stain deck for $4,319

Parks and Recreation: Pool - Re-Marcite - estimated at

$25,868

Parks and Recreation:Kids Water Park - $80,000 estimated

Parks and Recreation: New Playground Equipment - $27,000

Parks and Recreation: New Playground Equipment - $25,000

Parks and Recreation: New Playground Equipment – w/swings

Parks and Recreation:New Playground Equipment - $22,000

Parks and Recreation: New Playground Equipment - $19,000

Parks and Recreation: New Playground Equipment - $16,000

Parks and Recreation: Infant Playground Equipment - $1,700

Parks and Recreation: Toddler Playground Equipment -

$3,200

Parks and Recreation: Toddler Freestanding fun avg. $3,500 each

Parks and Recreation: Toddler swing set – $1,000

Parks and Recreation: Outside Fitness Equipment - $10,700

Additional track - $3,100

Parks and Recreation: Park Flooring – Cushion Tile -

estimated at $19,000 for Caladesi Park

Parks and Recreation: Park Flooring – estimated at $18,000

Parks and Recreation:

Parks and Recreation: Shading - $3,000 - $7,000

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)

Parks and Recreation:6 Foot table - $1,250 each

Parks and Recreation: Benches - $700 each (5 at $3,500) Thermoplastic coating

Parks and Recreation: Dog Station - $350 each (3 at $1,050)

Parks and Recreation: Dog Station - $100 each (3 at $300)

Parks and Recreation: Water Fountain – $720 for each park

and $400 to run lines ($1,840) To be installed near both Playgrounds

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

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

Hardscapes: Upgrade Walkway around Amenity

Area - $11,300

Hardscapes:

Retaining Walls – cost varies on length

Waterways:Lake Fountain 60 HZ 5 HP Aerator with

spray nozzle - $14,500

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

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

Focal Points:

Automatic Entry Gate - $15,230

Manned Entry Gate - $24,000

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

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.

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)

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)

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

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

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

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)

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      

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

Congratulations

You have just completed the District’s

2008 FY Budget