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

Units	101.50	
Assessment Per Unit	$	2,698.80	
		
REVENUE		
		
Gross Special Assessment	$	273,928.20	
Statutory Discount (4%)	$	(10,957.13)	
County Collection Costs (1.5%)	$	(4,108.92)	

Net Special Assessment Revenues	$	258,862.15	
		
REVENUE TOTAL	$	258,862.15	

EXPENSE		
		
Overhead/Direct Management	$	12,326.77	
City Staff Support	$	2,040.19	
		
Security Services	$	232,000.00	
Utilities Electric	$	1,400.00	
UtilitiesWater/Sewer	$	1,000.00	
Building Repair & Maintenance	$	15,000.00	
Legal/Advertising/Elections	$	1,600.00	
Custodial & Pest Control	$	2,200.00	
Postage	$	400.00	
Miscellaneous	$	1,000.00	
		
EXPENSE TOTAL	$	268,966.96	

SURPLUS/(DEFICIT)	$	(10,104.81)	

NOTE: Deficit will be funded with excess reserves