Business & Financial
Fiscal Year 2014 Preliminary Budget
On December 11, 2012, the Suwannee River Water Management District (District) Governing Board approved a preliminary budget of $14.9 million, and a proposed millage rate of 0.4143 - the same rate as FY 2013.
In accordance with a new statutory requirement, the District must present a preliminary budget to the Legislature by January 15. The preliminary budget provides the Legislature with additional oversight of the district's budget.
With the assistance of projected state funding, the preliminary budget supports the District's core mission, including springs protection, and maintains reserve funding for cost-share programs.
Strategic Priorities
Continuation of:
- Heartland Springs Initiative.
- Minimum flows and levels (MFLs).
- North Florida Regional Water Supply Partnership.
- Aquifer recharge feasibility study.
- Land management and surplus lands programs.
- Data collection, monitoring and analysis.
- Agricultural cost-share program.
- Santa Fe and Suwannee River Basins Nutrient Reduction and Irrigation Retrofit program.
- RIVER (Regional Initiative Valuing Environmental Resources) cost-share program.
Commencement of:
- Otter Springs restoration.
- Aquifer replenishment projects.
- Dispersed water storage projects.
- Developing MFLs for the Aucilla River, Wacissa River, Econfina River, Fenholloway River, Steinhatchee River, and Lake Palestine.
FY 2014 Preliminary Budget Presentation to Board (PDF, 160KB)
FY 2014 Preliminary Budget Submission (PDF, 5.18MB)
Fiscal Year 2013 Budget
The District's FY 2012-13 Budget represents a revised standardized approach to budgeting and fiscal responsibility. For the first time, the District has developed an annual operations budget, which is consistent with the other water management districts and allows for improved tracking of costs and performance evaluations.
The budget supports the District's core missions and includes significant reserve funding for cost-share programs. The budget reflects an enhanced focus on water resource and supply planning and monitoring. Also, the District proposes to set aside $1.5 million each for agriculture and local government cost-share programs for water supply, water conservation, water resources, and related projects.
The District's budget is derived from a combination of local property tax revenues, and state and federal funds.
The FY 2012-2013 Budget has been developed in accordance with the budget guidelines set forth by the Governing Board. Also, staff has worked in cooperation with the Governor’s Office and Legislature to ensure adequate fiscal resources are available to effectively implement our core mission. This budget was developed in keeping with statutory provisions and direction provided by the Governor's Office, the Florida Legislature, and the Florida Department of Environmental Protection.
The Annual Budget is prepared and presented to the Governing Board for final adoption following two public hearings in September, which are noticed and posted on our calendar.
Budget highlights include:
- Total: $16,102,072
- Includes $5.2 million in ad valorem property tax revenue.
- Includes an estimated $4.8 million in state funding and $1.1 million in federal funding.
- Millage rate is 0.4143, or 41.43 cents for every $1,000 of assessed property value.
- Millage rate is the same as last fiscal year.
- Includes only those items that are expected to be expended this fiscal year.
To view the budget and other financial documents, please follow the links below.
Fiscal Year 2012
Other Related Financial Documents