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District Annual Budgets

The District will annually approve both a Series 2004A Bonds debt service budget and an operations and maintenance “O&M” budget. The Series 2004A Bonds require level annual debt service and so the bond debt service budget will not vary substantially from year-to-year.

Budgets

The Board adopts the budget each year in accordance with a process outlined in the Florida Statutes. Each Fiscal Year runs from October 1 to September 30. The Board will first approve a proposed budget in the spring and will provide it to the City of Ormond Beach and Flagler County at least 60 days before the budget hearing, at which time the Board will adopt the final budget and levy the resulting non-ad valorem assessments.

For anyone interested in adopted budgets prior to Fiscal Year 2016, please contact the District Office.