City of Coral Gables	
Banyan Drive Security Guard Special Taxing District	
Proposed Budget	
Fiscal Year 2025	

Units	49.00	
Assessment Per Unit	$	8,100.00	
		
REVENUE		
		
Gross Special Assessment	$	396,900.00	
Statutory Discount (4%)	$	(15,876.00)	
County Collection Costs (1.5%)	$	(5,953.50)	
		
Net Special Assessment Revenues	$	375,070.50	
		
REVENUE TOTAL	$	375,070.50	

EXPENSE		
		
Overhead/Direct Management	$	17,860.50	
City Staff Support	$	2,040.19	
		
Security Services	$	262,000.00	
Electrical Services	$	2,000.00	
Water & Sewer Services	$	3,500.00	
Legal/Advertising/Elections	$	1,600.00	
Landscaping	$	3,500.00	
Custodial & Pest Control	$	1,500.00	
Postage	$	300.00	
Fund Deficit in Reserve	$	80,269.81	
Miscellaneous	$	500.00	
		
EXPENSE TOTAL	$	375,070.50	

SURPLUS/(DEFICIT)	$	-