City of Coral Gables	
Old Cutler Bay Security Guard Special Taxing District	
Proposed Budget	
Fiscal Year 2026	

Units	134.00	
Assessment Per Unit	$	4,900.00	
		
REVENUE		
		
Gross Special Assessment	$	656,600.00	
Statutory Discount (4%)	$	(26,264.00)	
County Collection Costs	$	(9,849.00)	
		
Net Special Assessment Revenues	$	620,487.00	
		
REVENUE TOTAL	$	620,487.00	

EXPENSE		
		
Overhead/Direct Management	$	29,547.00	
City Staff Support	$	2,040.19	
Security Services	$	557,000.00	
Electric Utilities	$	2,000.00	
Water & Sewer Utilities	$	4,700.00	
Landscaping	$	3,000.00	
Facility & Gate Management	$	15,000.00	
Legal/Advertising/Elections	$	1,600.00	
Custodial & Pest Control	$	3,250.00	
Postage	$	500.00	
		
EXPENSE TOTAL	$	618,637.19	

SURPLUS/(DEFICIT)	$	1,849.81	

NOTE: Surplus will be added to operating reserves.