City of Coral Gables	
Hammock Lake Banyan Drive Security Roving Special Taxing District	
Proposed Budget	
Fiscal Year 2025	

Units	117.50	
Assessment Per Unit	$	982.00	
		
REVENUE		
		
Gross Special Assessment	$	115,385.00	
Statutory Discount (4%)	$	(4,615.40)	
County Collection Costs (1.5%)	$	(1,730.78)	
		
Net Special Assessment Revenues	$	109,038.82	
		
REVENUE TOTAL	$	109,038.82	

EXPENSE		
		
Overhead/Direct Management	$	2,884.63	
City Staff Support	$	2,040.19	
Security Services	$	160,000.00	
Legal/Advertising/Elections	$	1,600.00	
Printing & Mailing	$	300.00	
		
EXPENSE TOTAL	$	166,824.82	

SURPLUS/(DEFICIT)	$	(57,786.00)	

NOTE: Deficit will be funded with excess reserves