Annual Report

2016

2015

2014

2013

2008

2016 Report to Property Owners

Dear Feather Sound Property Owner,

The FSCSD board is composed of seven volunteer members from the Feather Sound community appointed by the Pinellas County Board of County Commissioners. The board meets regularly as announced by public notice in the St. Petersburg Times. The meetings are open to the public with residents and visitors welcome to attend.

The taxing district, established in 1990, has recently completed its 2016 fiscal year audit. A summary of financial activities for the past three years is presented below. Annual expenditures include maintenance of the Earl Maize Recreational area, mowing of green space areas on Feather Sound Drive and street lighting.

For more information about the FSCSD, a schedule of board meeting times and other information about the district visit www.feathersound.org

Feather Sound Community Services District Board

Feather Sound Community Services District, Inc. Statement of Activity & Fund Balances Fiscal Years Ending September 30, 2016, 2015, 2014
RECEIPTS
		2016	2015	2014
Board of County Commissioners		$119,600	$115,000	$115,000
Interest Income		$105	$230	$354
	Total Receipts	$119,705	$115,230	$148,472

DISBURSEMENTS
Community Improvements		$ --------	$---------	$5,017
Utilities		81,756	86,987	85,244
Maintenance		66,263	66,344	83,103
Insurance		1,725	1,970	1,086
Professional Fees		4,000	3,750	2,750
Annual Filing Fees		61	61	61
Office Expense		595	447	353
	Total Disbursements	$154,430	$159,569	$233,960

EXCESS (DEFICIENCY)
of Receipts over Disbursements		($34,725)	($44,339)	($62,264)
FUND BALANCES
Beginning of Year		$182,935	$227,274	$289,538
End of Year		$148,210	$182,935	$227,274

2015 Report to Property Owners

Dear Feather Sound Property Owner,

The taxing district, established in 1990, has recently completed its 2015 fiscal year audit. A summary of financial activities for the past three years is presented below. Annual expenditures include maintenance of the Earl Maize Recreational area, mowing of green space areas on Feather Sound Drive and street lighting.

For more information about the FSCSD, a schedule of board meeting times and other information about the district visit www.feathersound.org

Feather Sound Community Services District Board

Feather Sound Community Services District, Inc. Statement of Activity & Fund Balances Fiscal Years Ending September 30, 2015, 2014, 2013
RECEIPTS
		2015	2014	2013
Board of County Commissioners		$115,000	$115,000	$148,070
Interest Income		$230	$354	$402
	Total Receipts	$115,230	$148,472	$148,472

DISBURSEMENTS
Community Improvements		$ --------	$5,017	$40,604
Utilities		86,987	85,244	83,951
Maintenance		66,344	83,103	103,132
Insurance		1,970	1,086	3,148
Professional Fees		3,750	2,750	2,650
Annual Filing Fees		61	61	61
Office Supplies		447	353	414
	Total Disbursements	$159,569	$177,618	$233,960

EXCESS (DEFICIENCY)
of Receipts over Disbursements		($44,339)	($62,264)	($85,488)
FUND BALANCES
Beginning of Year		$227,274	$289,538	$375,026
End of Year		$182,935	$227,274	$289,538

2014 Report to Property Owners

Dear Feather Sound Property Owner,

The taxing district, established in 1990, has recently completed its 2014 fiscal year audit. A summary of financial activities for the past three years is presented below. Annual expenditures include maintenance of the Earl Maize Recreational area, mowing of green space areas on Feather Sound Drive and street lighting.

For more information about the FSCSD, a schedule of board meeting times and other information about the district visit www.feathersound.org

Feather Sound Community Services District Board

Feather Sound Community Services District, Inc. Statement of Activity & Fund Balances Fiscal Years Ending September 30, 2014, 2013, 2012
RECEIPTS
		2014	2013	2012
Board of County Commissioners		$115,000	$148,070	$120,000
Interest Income		$354	$402	$961
	Total Receipts	$115,354	$148,472	$120,961

DISBURSEMENTS
Community Improvements		$5,017	$40,604	$3,368
Utilities		85,244	83,951	79,193
Maintenance		83,103	103,132	64,317
Insurance		1,086	3,148	2,012
Professional Fees		2,750	2,650	2,650
Annual Filing Fees		61	61	61
Office Supplies		353	414	1,206
	Total Disbursements	$177,618	$233,960	$152,807

EXCESS (DEFICIENCY)
of Receipts over Disbursements		($62,264)	($85,488)	($31,846)
FUND BALANCES
Beginning of Year		$289,538	$375,026	$406,872
End of Year		$227,274	$289,538	$375,026

2013 Report to Property Owners

Dear Feather Sound Property Owner,

The taxing district, established in 1990, has recently completed its 2013 fiscal year audit. A summary of financial activities for the past three years is presented below. Annual expenditures include maintenance of the Earl Maize Recreational area, mowing of green space areas on Feather Sound Drive and street lighting.

For more information about the FSCSD, a schedule of board meeting times and other information about the district visit www.feathersound.org

Feather Sound Community Services District Board

Feather Sound Community Services District, Inc. Statement of Activity & Fund Balances Fiscal Years Ending September 30, 2013, 2012, 2011
RECEIPTS
		2013	2012	2011
Board of County Commissioners		$148,070	$120,000	$124,000
Interest Income		$402	$961	$2,286
	Total Receipts	$148,472	$120,961	$126,286

DISBURSEMENTS
Community Improvements		$40,604	$3,368	$32,460
Utilities		83,951	79,193	81,062
Maintenance		103,132	64,317	72,289
Insurance		3,148	2,012	1,875
Professional Fees		2,650	2,650	2,500
Annual Filing Fees		61	61	61
Office Supplies		414	1,206	377
	Total Disbursements	$233,960	$152,807	$212,331

EXCESS (DEFICIENCY)
of Receipts over Disbursements		($85,488)	($31,846)	($64,338)
FUND BALANCES
Beginning of Year		$375,026	$406,872	$471,210
End of Year		$289,538	$375,026	$406,872

2012 Report to Property Owners

Dear Feather Sound Property Owner,

The taxing district, established in 1990, has recently completed its 2012 fiscal year audit. A summary of financial activities for the past three years is presented below. Annual expenditures include maintenance of the Earl Maize Recreational area, mowing of green space areas on Feather Sound Drive and street lighting.

For more information about the FSCSD, a schedule of board meeting times and other information about the district visit www.feathersound.org

Feather Sound Community Services District Board

Feather Sound Community Services District, Inc. Statement of Activity & Fund Balances Fiscal Years Ending September 30, 2012, 2011, 2010
RECEIPTS
		2012	2011	2010
Board of County Commissioners		$120,000	$124,000	$240,000
Interest Income		$961	$2,286	$7,975
	Total Receipts	$120,961	$126,286	$157,975

DISBURSEMENTS
Community Improvements		$3,368	$32,460	$29,500
Utilities		79,193	81,062	90,174
Maintenance		64,317	72,289	85,522
Insurance		2,012	1,875	4,297
Professional Fees		2,650	2,500	2,500
Annual Filing Fees		61	61	61
Office Supplies		1,206	377	277
	Total Disbursements	$152,807	$190,624	$212,331

EXCESS (DEFICIENCY)
of Receipts over Disbursements		($31,846)	($64,338)	($54,356)
FUND BALANCES
Beginning of Year		$406,872	$471,210	$525,566
End of Year		$375,026	$406,872	$471,210

2011 Report to Property Owners

Dear Feather Sound Property Owner,

The taxing district, established in 1990, has recently completed its 2011 fiscal year audit. A summary of financial activities for the past three years is presented below. Annual expenditures include maintenance of the Earl Maize Recreational area, mowing of green space areas on Feather Sound Drive and street lighting.

For more information about the FSCSD, a schedule of board meeting times and other information about the district visit www.feathersound.org

Feather Sound Community Services District Board

Feather Sound Community Services District, Inc. Statement of Activity & Fund Balances Fiscal Years Ending September 30, 2011, 2010, 2009
RECEIPTS
		2011	2010	2009
Board of County Commissioners		$124,000	$150,000	$240,000
Interest Income		$2,286	$7,975	$10,848
	Total Receipts	$126,286	$157,975	$250,848

DISBURSEMENTS
Community Improvements		$32,460	$29,500	$78,957
Utilities		81,062	90,174	73,979
Maintenance		72,289	85,522	12,176
Insurance		1,875	4,297	3,025
Professional Fees		2,500	2,500	2,500
Annual Filing Fees		61	61	61
Office Supplies		377	277	203
	Total Disbursements	$190,624	$212,331	$170,901

EXCESS (DEFICIENCY)
of Receipts over Disbursements		($64,338)	($54,356)	$79,947
FUND BALANCES
Beginning of Year		$471,210	$525,566	$445,619
End of Year		$406,872	$471,210	$525,566

2010 Report to Property Owners

Dear Feather Sound Property Owner,

The taxing district, established in 1990, has recently completed its 2010 fiscal year audit. A summary of financial activities for the past three years is presented below. Annual expenditures include maintenance of the Earl Maize Recreational area, mowing of green space areas on Feather Sound Drive and street lighting.

For more information about the FSCSD, a schedule of board meeting times and other information about the district visit www.feathersound.org

Feather Sound Community Services District Board

Feather Sound Community Services District, Inc. Statement of Activity & Fund Balances Fiscal Years Ending September 30, 2010, 2009, 2008
RECEIPTS
		2010	2009	2008
Board of County Commissioners		$150,000	$240,000	$266,000
Interest Income		$7,975	$10,848	$12,575
Public Contributions		-	-	1,550
	Total Receipts	$157,975	$250,848	$280,125

DISBURSEMENTS
Community Improvements		$29,500	$78,957	$83,752
Utilities		90,174	12,176	74,360
Maintenance		85,522	73,979	69,925
Insurance		4,297	3,025	3,649
Professional Fees		2,500	2,500	2,250
Annual Filing Fees		61	61	61
Office Supplies		277	203	2,090
	Total Disbursements	$212,331	$170,901	$236,087

EXCESS (DEFICIENCY)
of Receipts over Disbursements		($54,356)	$79,947	($44,038)
FUND BALANCES
Beginning of Year		$525,566	$445,619	$401,581
End of Year		$471,210	$525,566	$445.619

2009 Report to Property Owners

Dear Feather Sound Property Owner,

The taxing district, established in 1990, has recently completed its 2009 fiscal year audit. A summary of financial activities for the past three years is presented below. Annual expenditures include maintenance of the Earl Maize Recreational area, mowing of green space areas on Feather Sound Drive and street lighting. A grant of $231,000 received from Pinellas County in 2007 was used to help fund the construction of playground facilities, picnic shelters and other improvements to the Earl Maize Recreation Area. The FSCSD board recently facilitated the acquisition of land by Pinellas County adjacent to the recreation area for the purpose of additional community development projects planned for 2011 and later years.

For more information about the FSCSD, a schedule of board meeting times and other information about the district visit www.feathersound.org

Feather Sound Community Services District Board

Feather Sound Community Services District, Inc. Statement of Activity & Fund Balances Fiscal Years Ending September 30, 2009, 2008, 2007
RECEIPTS
		2009	2008	2007
Board of County Commissioners		$240,000	$266,000	$595,299
Interest Income		$10,848	$12,575	$13,867
Public Contributions		-	1,550	11,625
	Total Receipts	$250,848	$280,125	$620,791

DISBURSEMENTS
Community Improvements		$12,176	$83,752	$502,530
Utilities		78,957	74,360	82,202
Maintenance		73,979	69,925	76,385
Insurance		3,025	3,649	2,650
Professional Fees		2,500	2,250	2,000
Annual Filing Fees		61	61	61
Office Supplies		203	2,090	2,257
	Total Disbursements	$170,901	$236,087	$668,085

EXCESS (DEFICIENCY)
of Receipts over Disbursements		$79,947	($44,038)	($47,294)
FUND BALANCES
Beginning of Year		$445,619	$401,581	$448,875
End of Year		$525,566	$445.619	$401,581

2008 Report to Property Owners

Dear Feather Sound Property Owner,

Feather Sound Community Services District, Inc (FSCSD) is a non-profit corporation organized for the purpose of providing street lighting and the acquisition, development and maintenance of recreational areas and green space for the residents of Feather Sound. The services are funded by a millage tax assessed annually on property within the municipal services taxing district and shown with other taxes on your annual property tax notices. The millage rate for fiscal year ended September 2008 was .9. This is also the rate for the current fiscal year ended September 2009. Effective for the fiscal year ended September 2010 the board has reduced the millage rate to .5660 in recognition of current economic trends.

The taxing district, established in 1990, has recently completed its 2008 fiscal year audit. A summary of financial activities for the past three years is presented below. Annual expenditures include maintenance of the Earl Maize Recreational area, mowing of green space areas on Feather Sound Drive and street lighting. A grant of $231,000 received from Pinellas County in 2007 was used to help fund the construction of playground facilities, picnic shelters and other improvements to the Earl Maize Recreation Area. The FSCSD board recently facilitated the acquisition of land by Pinellas County adjacent to the recreation area for the purpose of additional community development projects planned for 2010 and later years.

For more information about the FSCSD, a schedule of board meeting times and other information about the district visit www.feathersound.org

Feather Sound Community Services District Board

Feather Sound Community Services District, Inc. Statement of Activity & Fund Balances Fiscal Years Ending September 30, 2008, 2007, 2006
RECEIPTS
		2008	2007	2005
Board of County Commissioners		$266,000	$595,299	$261,201
Interest Income		$12,575	$13,867	$12,261
Public Contributions		1,550	11,625	-
	Total Receipts	$280,125	$620,791	$273,462

DISBURSEMENTS
Community Improvements		$83,752	$502,530	$41,639
Utilities		74,360	82,202	86,101
Maintenance		69,925	76,385	76,064
Insurance		3,649	2,650	2,121
Professional Fees		2,250	2,000	2,000
Annual Filing Fees		61	61	61
Office Supplies		2,090	2,257	2,382
	Total Disbursements	$236,087	$668,085	$210,368

EXCESS (DEFICIENCY)
of Receipts over Disbursements		$44,038	($47,294)	$63,094
FUND BALANCES
Beginning of Year		$401,581	$448,875	$385,781
End of Year		$445,619	$401,581	$448,875

2007 Report to Property Owners

Dear Feather Sound Property Owner,

The taxing district, established in 1990, has recently completed its 2007 fiscal year audit. A summary of financial activities for the past three years is presented below. Annual expenditures include maintenance of the Earl Maize Recreational area, mowing of green space areas on Feather Sound Drive and street lighting. The Board applied for and received approval for a Pinellas County recreational grant in the amount of $231,000. This grant was used to help fund the construction of playground facilities, picnic shelters and other improvements to the Earl Maize Recreation Area. The project was completed in April 2007 with the participation of many Feather Sound residents in a very successful Community Build day. Additional projects are planned for 2008 and later years.

This report is mailed to all property owners of record in Feather Sound. For more information about the FSCSD, a schedule of board meeting times and other information about the district visit www.feathersound.org

Feather Sound Community Services District Board

Feather Sound Community Services District, Inc. Statement of Activity & Fund Balances Fiscal Years Ending September 30, 2007, 2006, 2005
RECEIPTS
		2007	2006	2005
Board of County Commissioners		$595,299	$261,201	$240,000
Interest Income		$13,867	$12,261	$4,233
Public Contributions		11,625	-	-
	Total Receipts	$620,791	$273,462	$244,233

DISBURSEMENTS
Community Improvements		$502,530	$41,639	$16,175
Utilities		82,202	86,101	76,486
Maintenance		76,385	76,064	74,532
Insurance		2,650	2,121	1,660
Professional Fees		2,000	2,000	2,000
Annual Filing Fees		61	61	61
Office Supplies		2,257	2,382	2,357
	Total Disbursements	$668,085	$210,368	$173,271

EXCESS (DEFICIENCY)
of Receipts over Disbursements		($47,294)	$63,094	$70,962
FUND BALANCES
Beginning of Year		$448,875	$385,781	$314,819
End of Year		$401,581	$448,875	$385,781

2006 Report to Property Owners

Dear Feather Sound Property Owner,

The taxing district, established in 1990, has recently completed its 2006 fiscal year audit. A summary of financial activities for the past three years is presented below. Annual expenditures include maintenance of the Earl Maize Recreational area, mowing of green space areas on Feather Sound Drive and street lighting. Planning for development of recently acquired property for expansion of the recreation area has been completed. The Board applied for and received approval for a Pinellas County recreational grant in the amount of $231,000. This grant is being used to help fund playground facilities, a picnic shelter and other recreation area improvements which are currently underway. The first phase of the recreation area improvements will be completed in 2007 with additional projects planned for 2008 and later years.

Feather Sound Community Services District Board

Feather Sound Community Services District, Inc. Statement of Activity & Fund Balances Fiscal Years Ending September 30, 2006, 2005, 2004
RECEIPTS
		2006	2005	2004
Board of County Commissioners		$261,201	$240,000	$335,000
Interest		12,261	4,233	1,865
	Total Receipts	$273,462	$244,233	$336,865

DISBURSEMENTS
Community Improvements		$41,639	$16,175	$20,776
Utilities		86,101	76,486	68,039
Maintenance		76,064	74,532	82,296
Insurance		2,121	1,660	2,636
Professional Fees		2,000	2,000	3,360
Annual Filing Fees		61	61	61
Office Supplies		2,382	2,357	2,408
	Total Disbursements	$210,368	$173,271	$179,576

EXCESS (DEFICIENCY)
of Receipts over Disbursements		$63,094	$70,962	$157,289
FUND BALANCES
Beginning of Year		$385,781	$314,819	$157,530
End of Year		$448,875	$385,781	$314,819

2005 Report to Property Owners

Dear Feather Sound Property Owner,

The taxing district, established in 1990, has recently completed its 2005 fiscal year audit. A summary of financial activities for the past three years is presented in this report. Fiscal year 2005 expenditures included improvements to the two medians between the Feather Sound Corporate Center and Pelican Landing with new curbing, an irrigation system and low maintenance plants. Annual expenditures also include maintenance of the Earl Maize Recreational area, mowing of green space areas on Feather Sound Drive and street lighting. Planning for development of recently acquired property for expansion of the recreation area has begun. The Board applied for and received approval for a Pinellas County recreational grant in the amount of $231,000. This grant will be used to fund playground facilities, a picnic shelter and other recreation area improvements in 2006 and 2007.

Feather Sound Community Services District Board

Feather Sound Community Services District, Inc. Statement of Activity & Fund Balances Fiscal Years Ending September 30, 2005, 2004, 2003
RECEIPTS
		2005	2004	2003
Board of County Commissioners		$240,000	$335,000	$233,000
Interest		4,233	1,865	449
	Total Receipts	$244,233	$336,865	$233,449

DISBURSEMENTS
Community Improvements		$16,175	$20,776	$41,021
Utilities		76,486	68,039	40,945
Maintenance		74,532	82,296	79,620
Insurance		1,660	2,636	2,011
Professional Fees		2,000	3,360	2,700
Annual Filing Fees		61	61	297
Office Supplies		2,357	2,408	1,641
	Total Disbursements	$173,271	$179,576	$168,235

EXCESS (DEFICIENCY)
of Receipts over Disbursements		$70,962	$157,289	$65,214
FUND BALANCES
Beginning of Year		$314,819	$157,530	$92,316
End of Year		$385,781	$314,819	$157,530

2004 Report to Property Owners

Dear Feather Sound Property Owner,

The taxing district, established in 1990, has recently completed its 2004 fiscal year audit. A summary of financial activities for the past three years is presented in this report. Fiscal year 2004 expenditures included improvements to the two medians between the Feather Sound Corporate Center and Pelican Landing with new curbing, an irrigation system and low maintenance plants. Annual expenditures also include maintenance of the Earl Maize Recreational area, mowing of green space areas on Feather Sound Drive and street lighting. Planning for development of recently acquired property for expansion of the recreation area has begun and will be the focus of the Board’s activities for the remainder of the year.

Feather Sound Community Services District Board

Feather Sound Community Services District, Inc. Statement of Activity & Fund Balances Fiscal Years Ending September 30, 2004, 2003, 2002
RECEIPTS
		2004	2003	2002
Board of County Commissioners		$335,000	$233,000	$207,000
Interest		1,865	499	1,321
	Total Receipts	$336,865	$233,449	$208,321

DISBURSEMENTS
Community Improvements		$20,776	$41,021	$195,885
Utilities		68,039	40,945	34,780
Maintenance		82,296	79,620	88,741
Insurance		2,636	2,011	582
Professional Fees		3,360	2,700	6,000
Annual Filing Fees		61	297	849
Office Supplies		2,408	1,641	356
	Total Disbursements	$179,576	$165,235	$327,193

EXCESS (DEFICIENCY)
of Receipts over Disbursements		$157,289	$65,214	-$118,872
FUND BALANCES
Beginning of Year		$157,530	$92,316	$211,188
End of Year		$314,819	$157,530	$92,316

2003 Report to Property Owners

Dear Feather Sound Property Owner,

The taxing district, established in 1990, has recently completed its 2003 fiscal year audit. A summary of financial activities for the past three years is presented in this report. Fiscal year 2003 improvements include a landscape lighting system for the front entrance and fountain for the front entrance retention pond. Current fiscal year improvements include replacement of many of the lighting fixtures and poles. The board is also working with Pinellas County officials to improve the condition of some of the roads at the Egret entrance. It is anticipated that once these roads are repaired landscaping improvements in this area can be made. Annual expenditures also include maintenance of the Earl Maize Recreational area, mowing of green space areas on Feather Sound Drive and street lighting.

Feather Sound Community Services District Board

Feather Sound Community Services District, Inc. Statement of Activity & Fund Balances Fiscal Years Ending September 30, 2003, 2002, 2001
RECEIPTS
		2003	2002	2001
Board of County Commissioners		$233,000	$207,000	$214,000
Interest		499	1,321	6,551
	Total Receipts	$233,449	$208,321	$220,551

DISBURSEMENTS
Community Improvements		$41,021	$195,885	$124,777
Utilities		40,945	34,780	33,133
Maintenance		79,620	88,741	61,776
Insurance		2,011	582	-
Professional Fees		2,700	6,000	1,163
Annual Filing Fees		297	849	-
Office Supplies		1,641	356	113
	Total Disbursements	$168,235	$327,193	$220,962

EXCESS (DEFICIENCY)
of Receipts over Disbursements		$65,214	-$118,872	-$411
FUND BALANCES
Beginning of Year		$92,316	$211,188	$211,599
End of Year		$157,530	$92,316	$211,188

2002 Report to Property Owners

Dear Feather Sound Property Owner,

The taxing district, established in 1990, has recently completed its 2002 fiscal year audit. A summary of financial activities of the past three years is presented in this report. This past fiscal year was spent developing the front entrance of Feather Sound, a new entrance sign and landscaping improvements on Feather Sound Drive. Current fiscal year improvements include a landscape lighting system for the front entrance and fountain for the front entrance retention pond. Improvements planned for next fiscal year include replacement of most of the lighting fixtures and poles and more landscape improvements. Annual expenditures also include maintenance of the Earl Maize Recreational area, mowing of green space areas on Feather Sound Drive and street lighting.

Feather Sound Community Services District Board

Feather Sound Community Services District, Inc. Statement of Activity & Fund Balances Fiscal Years Ending September 30, 2002, 2001, 2000
RECEIPTS
		2002	2001	2000
Board of County Commissioners		$207,000	$214,000	$191,000
Interest		1,321	6,551	5,337
	Total Receipts	$208,321	$220,551	$196,337

DISBURSEMENTS
Community Improvements		$195,885	$124,777	$375
Utilities		34,780	33,133	32,282
Maintenance		88,741	61,776	52,845
Insurance		582	0	3,089
Professional Fees		6,000	1,163	0
Annual Filing Fees		849	-	-
Office Supplies		356	113	119
	Total Disbursements	$327,193	$220,962	$88,710

EXCESS (DEFICIENCY)
of Receipts over Disbursements		-$118,872	-$411	$107,627
FUND BALANCES
Beginning of Year		$211,188	$211,599	$103,972
End of Year		$ 92,316	$211,188	$211,599