FY 2010-11 Adopted Budget - Volusia County Government

Special Assessments Fund - 121Special Assessments Fund - 121Summary: Volusia County Code Chapter 110, Article III (Special Assessment District (SAD) and Operation) providesguidelines by which property owners desiring certain infrastructure improvements may petition theirneighbors for the creation of a special assessment district. The Capri Drive Special Assessment District(SAD) was created on April 1, 2004 through ordinance 2004-02 for the purpose of road construction andpaving of Capri Drive including installation of water and sewer utility lines. On December 21, 2006, theCounty Council approved ordinance 2006-28 creating the West Highlands/Highland Park specialassessment district. The ordinance provided for the establishment, construction, repair and maintenanceof dirt roads in dedicated right-of-way within the district boundaries. Budget in this fund is provided tocomply with the FY 2010-11 Debt Service payments.AdoptedFY2009-10BudgetFY2010-11RevenuesCurrent RevenuesMiscellaneous Revenues $ 313,666 $ 377,500Subtotal Current Revenues $ 313,666 $ 377,500Non-Current RevenuesAppropriated Fund Balance 0 1,155,091Subtotal Non-current Revenues $ 0 $ 1,155,091Total Revenues $ 313,666 $ 1,532,591Less Operating Transfers 313,666 261,000Total Operating Revenues $ 0 $ 1,271,591ExpendituresInterfund Transfers $ 313,666 $ 261,000Reserves 0 1,271,591Total Expenditures $ 313,666 $ 1,532,591Less Operating Transfers 313,666 261,000Total Operating Expenditures $ 0 $ 1,271,591Net Revenues Less Expenditures $ 0 $ 0Volusia County Section E - 60