Budget

Blue HeronEach year the South Indian River Water Control District prepares a budget for the coming fiscal year, which runs September through October. The budget includes water control and road maintenance for the East and West sides of the District, maintenance for the Jupiter Park of Commerce and Egret Landing, and park maintenance in Palm Beach Country Estates. Debt service funds, capital projects funds, and internal operations and maintenance funds are also included.

 

The District Treasurer prepares a preliminary budget for the Board of Supervisors' review and consideration in the month of June each year. After review by the Board and any needed adjustments are made, the proposed budget is presented at a public hearing in August, usually the third Thursday of the month. The hearing is duly noticed in the local news publications and landowners are informed by letter. A copy of the proposed budget is made available for review by landowners at the District office each year.

 

After the August public hearing is adjourned, the Board convenes their monthly board meeting where the District Treasurer presents the final budget for consideration and approval of the resolution adopting the budget and the levying of special assessments.

 

Annual Budget Meeting - August 17, 2017

The Annual Budget Meeting is August 17, 2017 at the Jupiter High School Media Center at 7:00 pm. Please see Board Meetings page for the agenda.

 

2017-2018 SIRWCD Proposed Budget

Annual Budget Meeting Highlights - August 18, 2016

The 2016 Annual Budget Meeting was held August 18, 2016 in the Jupiter High School Media Center prior to the Board of Supervisors monthly meeting at 7:30 pm.

 

District Treasurer Charles Haas reported that the total assessments from ongoing programs are proposed to decrease from last year’s level by .6% ($30,500) to $5,245,300 for the 2016-2017 budget year. New assessments this year are for the 18th Plan of Improvements, adding $189,000 to the assessment roll. The operations and maintenance budget is proposed to increase 4% to allow for the addition of two staff members to bring staffing levels back up to previous levels, as well as for increases in health insurance.

 

The Water Control Budgets are proposed to increase $50,000 for the East Basin and $150,000 for the West Basin. This would result in an increased assessment of $23 on the East side and $17 per acre on the West side. The increases are necessary, to replenish fund draw-downs from past and current fiscal years.


The Road Maintenance budget for Palm Beach Country Estates (PBCE) is proposed to increase by $28 per parcel, while Jupiter Farms will remain the same. As with the Water Control Budget, the Road Maintenance Budget for PBCE largely reflects replenishment of reduced fund balances from past and current fiscal years.


Debt assessments have been reduced due to refunding of PBCE Water Distribution Bonds, which saved $63 per parcel. Pay downs of the 2004 Road Improvement Series A Note has reduced assessments by $56 and Series B Note by $95 for 1062 parcels in Jupiter Farms. This is the last year for those assessments. The assessment for the 2011 Egret Landing Improvement Note is being reduced by $106 per parcel and this is the last year for this assessment.

 

The increase in assessments in PBCE and Egret Landing will be offset by the debt service savings noted above. For most of the landowners in PBCE, the proposed overall Debt and Maintenance assessment will decrease about 2% or $23. For Egret Landing, the proposed assessment will decrease almost 11% or $100 per parcel. For most of the landowners in the Jupiter Farms neighborhood, the proposed increase in assess-ments will be about $19 per parcel or 6.5%.

 

After his presentation, Mr. Haas asked the Board for a motion to approve a resolution adopting the budget and the levying of special assessments for 2016 on all lands within the District, pursuant to Section 197.3632, Florida Statutes, and the board passed the motion unanimously.

 

Adopted Budget Fiscal Year 2016/2017
Adopted Budget Fiscal Year 2015/2016

Adopted Budget Fiscal Year 2014/2015

Adopted Budget Fiscal Year 2013/2014

 

Audited Financial Statements 2015

Audited Financial Statements 2014

Audited Financial Statements 2013

Audited Financial Statements 2012

Audited Financial Statements 2011