City of Coral Gables	
Old Cutler Bay Security Guard Special Taxing District	
Proposed Budget	
Fiscal Year 2025	

Units	134.00	
Assessment Per Unit	$	4,550.00	
		
REVENUE		
		
Gross Special Assessment	$	609,700.00	
Statutory Discount (4%)	$	(24,388.00)	
County Collection Costs (1.5%)	$	(9,145.50)	
Misc. Income (Gate Passess)	-	
		
Net Special Assessment Revenues	$	576,166.50	
		
REVENUE TOTAL	$	576,166.50	

EXPENSE		
		
Overhead/Direct Management	$	27,436.50	
City Staff Support	$	2,040.19	
		
Security Services	$	520,000.00	
Utilities	$	8,700.00	
Building Repair & Maintenance	$	5,000.00	
Landscaping	$	5,000.00	
Legal/Advertising/Elections	$	1,600.00	
Custodial & Pest Control	$	3,250.00	
Postage	$	400.00	
Facility Upgrade/Reserve	$	1,739.81	
Miscellaneous	$	1,000.00	
		
EXPENSE TOTAL	$	576,166.50	

SURPLUS/(DEFICIT)	$	-