City of Coral Gables
Hammock Lakes Security Guard Special Taxing District Proposed Budget
Fiscal Year 2025

Units	68.00	
Assessment Per Unit	$	6,000.00	
		
REVENUE		
		
Gross Special Assessment	$	408,000.00	
Statutory Discount (4%)	$	(16,320.00)	
County Collection Costs (1.5%)	$	(6,120.00)	
		
Net Special Assessment Revenues	$	385,560.00	
		
REVENUE TOTAL	$	385,560.00	

EXPENSE		
		
Overhead/Direct Management	$	18,360.00	
City Staff Support	$	2,040.19	
		
Security Services	$	262,000.00	
Electrical Services	$	1,200.00	
Telecom	$	9,300.00	
Water & Sewer Services/Utilities	$	4,500.00	
Facility & Gate Management	$	25,000.00	
Legal/Advertising/Elections	$	1,600.00	
Landscaping	$	8,750.00	
Custodial & Pest Control	$	2,500.00	
Postage	$	500.00	
Fund Deficit in Reserves	$	49,809.81	
		
EXPENSE TOTAL	$	385,560.00	

SURPLUS/(DEFICIT)	$	-