City of Coral Gables	
Hammock Lake Banyan Drive Security Roving Special Taxing District	
Proposed Budget	
Fiscal Year 2026	

Units	117.50	
Assessment Per Unit	$	1,350.00	
		
REVENUE		
		
Gross Special Assessment	$	158,625.00	
Statutory Discount (4%)	$	(6,345.00)	
County Collection Costs (1.5%)	$	(2,379.38)	
Prior Year Adjustments (If Any)	$	-	
		
Net Special Assessment Revenues	$	149,900.62	
		
REVENUE TOTAL	$	149,900.62	

EXPENSE		
		
Overhead/Direct Management	$	3,965.63	
City Staff Support	$	2,040.19	
Security Services	$	160,000.00	
Legal/Advertising/Elections	$	1,600.00	
Printing & Mailing	$	500.00	
		
EXPENSE TOTAL	$	168,105.82	

SURPLUS/(DEFICIT)	$	(18,205.20)	

NOTE: Deficit will be funded with excess reserves