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 and on this webpage.

 

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 20, 2020 - Zoom Meeting

The South Indian River Water Control District Board of Supervisors Meeting and Annual Budget Public Hearing was held August 20, 2020, at 7:00 pm. Due to the Covid-19 restrictions, the meeting was held via Zoom telephone and video conferencing.

 

Approved Budget 2020-2021
Resolution Adopting Budget Fiscal Year 2020-2021

Agenda

 

At their August 20, 2020, the Board of Supervisors adopted the Proposed Budget for the 2020-21 fiscal year by a vote of 4 to 1.

 

The assessments needed to fund the Water Control activities for the East Basin (which includes PBCE, Egret Landing and Jupiter Commerce Park) decreased $140,000. The Maintenance budgets for PBCE Roads and Parks decreased by $30,000 and $41,000, respectively. The Water Control Budget for Jupiter Farms remained unchanged and the Road Maintenance Budget increased by $50,000.

 

Debt Service funds are used to account for the various debt obligations of the District and are assessed only on those properties which benefitted from the improvements. There is no District-wide debt. These assessments are fairly level from year to year and increased in total by $6,760.

 

The Budget provides for the continuation of funding for the Re-engineering of the Jupiter Farms Water Control infrastructure as well as three new Capital Projects: Improvements to Canal C and Canal E in PBCE and Improvements in the Loxahatchee River Preservation Initiative study area in Jupiter Farms. The improvements require an additional assessment of $110,800 for parcels within PBCE. For parcels within Jupiter Farms the assessment for capital projects will be $16,000 less than the current capital projects assessment.

 

Overall, the District’s proposed assessments are $5,540,280 compared with $5,599,720 or a decrease of $59,440.

 

The main revenue source for the District is assessments made on benefited property within it.

 

Per state law the tax bill (and the Trim notice) contains only four types of assessments. Those being: Maintenance and Debt assessments based upon acreage and Maintenance and Debt assessments based on a parcel (Flat Rate Assessments).

 

To transfer the funding called for in the budget to its assessment roll the District uses 25 separate assessment rates. These individual assessments are then aggregated into the four slots used by the PBC Tax Collector.

 

Responding to landowner suggestions, the District developed a worksheet that allows one to calculate the estimated assessment on a parcel by inserting its acreage and answering two questions. This worksheet can be obtained by calling the District office at 561-747-0550.

 

The District office can also determine a parcel’s component assessments. To obtain this report, contact the District office. They will need the Property Control Number (PCN) on hand to identify the subject parcel in the database.


Links to the last two years' Approved Budgets are shown below. Links to the District's financial audit are also available for your reference. Contact the District Office at 561-747-0550 if you have any questions.

 

Approved Budget Fiscal Year 2019-2020

Resolution Adopting Budget Fiscal Year 2019-2020

Adopted Budget Fiscal Year 2018-2019

 

Audited Financial Statements 2018