City of Coral Gables	
Hammock Lakes Security Guard Special Taxing District	
Proposed Budget	
Fiscal Year 2026	

Units	68.00	
Assessment Per Unit	$	6,400.00	
		
REVENUE		
		
Gross Special Assessment	$	435,200.00	
Statutory Discount (4%)	$	(17,408.00)	
County Collection Costs	$	(6,528.00)	
		
Net Special Assessment Revenues	$	411,264.00	
		
REVENUE TOTAL	$	411,264.00	

EXPENSE		
		
Overhead/Direct Management	$	19,584.00	
City Staff Support	$	2,040.19	
Security Services	$	289,100.00	
Electrical Services	$	1,200.00	
Water & Sewer Services/Utilities	$	4,500.00	
Facility & Gate Management	$	25,000.00	
Legal/Advertising/Elections	$	1,600.00	
Landscaping	$	9,000.00	
Custodial & Pest Control	$	2,500.00	
Postage	$	500.00	
		
EXPENSE TOTAL	$	355,024.19	

SURPLUS/(DEFICIT)	$	56,239.81	

NOTE: Surplus will cover existing fund balance deficit