City of Coral Gables
Gables-By-The-Sea Security Guard Special Taxing District Proposed Budget
Fiscal Year 2025

Units (Coral Gables)	375.50	
Assessment Per Unit	$	1,350.00	
		
REVENUE		
		
Gross Special Assessment	$	506,925.00	
Statutory Discount (4%)	$	(20,277.00)	
Collection Costs (1.5%)	$	(7,603.88)	
		
Net Special Assessment Revenues	$	479,044.13	
		
REVENUE TOTAL	$  479,044.13	
		
EXPENSE		
		
Overhead/Direct Management	$	22,811.63	
City Staff Support	$	2,040.19	
		
Security Services (8% Increase)	$	374,419.94	
Utilities	$	3,240.17	
Building Repair & Maintenance	$	4,320.23	
Landscaping	$	3,600.19	
Facility & Gate Management	$	10,800.58	
Legal/Advertising	$	1,800.10	
Custodial & Pest Control	$	2,880.15	
Printing & Mailing	$	720.04	
Fund Deficit in Reserves	$	52,410.91	
		
EXPENSE TOTAL	$  479,044.13	
		
SURPLUS/(DEFICIT)	$	-