Revenue Information
ACME UNIT COUNT AND ASSESSMENT HISTORY
Acme has a $6.2 million budget with no debt. The Budget is developed in conjunction with Wellington’s budget and is presented multiple times starting in June and ending in September of each year.
| Fiscal Year | Units | Assessment Per Unit |
|---|---|---|
| 2012 | 25,754 | $175 |
| 2013 | 25,756 | $200 |
| 2014 | 25,827 | $200 |
| 2015 | 25,827 | $200 |
| 2016 | 25,927 | $200 |
| 2017 | 25,995 | $230 |
| 2018 | 25,995 | $230 |
| 2019 | 25,993 | $230 |
| 2020 | 26,467 | $230 |
| 2021 | 26,592 | $230 |
The Acme Improvement District assesses for storm water management and infrastructure maintenance through non-ad valorem assessments which are levied on a resident’s annual property tax bill. The chart above shows the per-unit Acme assessment from FY 2012 ($175) to FY 2021 ($230). The $30 increase in the assessment was first levied in Fiscal Year 2015 and is used to fund roadway drainage repairs and storm water system improvements to reduce flooding during extreme storm events. The $30 additional assessment will be levied for a ten year period ending in FY 2024.
The Acme assessment is based on acreage expressed in units corresponding to portions of acres. The table below illustrates the unit calculation method:
| Parcel Size | Number of Units |
|---|---|
| Up to 1.49 Acres | 1 |
| 1.50 - 2.49 Acres | 2 |
| 2.50 - 3.49 Acres | 3 |
| 3.50 - 4.49 Acres | 4 |
The statutory authority for the levy of fees and assessments is provided under Florida Statutes Chapters 189 and 298.
The District is divided into assessment units based on the relative benefit to each area. The distribution of the units and relative benefit are show in the following chart.
| Area | Original Unit of Development | Assessment Benefit Unit | Description of Area | Acreage per Lot | Relative Benefit Ratio | Total Units | Total Acres |
|---|---|---|---|---|---|---|---|
| A (Urban) | I | A-I | Wellington (excludes Paddock Park II & Saddle Trail Park | 1.49 or less | 62% | 13,718 | 5,523 |
| V | A-V | The Landings | 2,197 | 1,127 | |||
| VII | A-VII | Wellington's Edge and SR 7/US 441 Medical Arts | 782 | 322 | |||
| TOTAL UNIT A | 16,697 | 6,971 | |||||
| B (Rural) | II | B-II | Palm Beach Point | 5 or greater | 28% | 5,665 | 4,425 |
| Overall District (OAD) | B-OAD | Little Ranches & all land south of Pierson Road (includes Orange Point, Commerce Park & other rural areas except sections 20 & 21) | 1,552 | 1,566 | |||
| TOTAL UNIT B | 7,217 | 5,991 | |||||
| C (Semi-Urban) | I | C-I | Paddock Park and Saddle Trail Park | 1.5 to 5 | 8% | 1,215 | 1,156 |
| Grand Prix Farms and Wellington Country Place (Sections 20 & 21) | 894 | 906 | |||||
| TOTAL UNIT C | 2,109 | 2,062 | |||||
| Wellington Green Mall | 2% | 444 | 441 | ||||
| TOTAL ALL UNITS | 26,467 | 15,465 |
ACME IMPROVEMENT DISTRICT REVENUE
| FY 2020 Actual Revenues | FY 2021 Budgeted Revenues | ||
|---|---|---|---|
| 110 325201 | ASSESSMENT - ACME IMP DISTRICT | $5,888,556 | $5,783,040 |
| 110 343701 | DRAINAGE AGREEMENT - WYCLIFFE | 309,256 | 316,000 |
| 110 361100 | INTEREST | 98,992 | 10,820 |
| 110 362006 | LAND LEASE | 40,000 | 40,000 |
| 110 369003 | MISCELLANEOUS REVENUES | 29,375 | 16,500 |
| 110 395000 | APPROPRIATION OF FUND BALANCE | - | - |
| ACME FUND TOTAL | $6,366,179 | $6,166,360 |
WATER AND SEWER UTILITIES
Acme’s water and sewer utility revenues are provided by utility customers. A rate study is conducted regularly to determine the rate structure required to fund utility service and maintenance.
RESIDENTIAL UTILITY RATES FY 2021
| Consumption (per 1,000 Gallons) | |||||
|---|---|---|---|---|---|
| Base Service | Usage | Rate per 1,000 gallons | Average Customer | Total Monthly Billings | |
| Water | $20.71 | 1-6,000 | $2.34 | $14.04 | $34.75 |
| 6,001-15,000 | 3.49 | ||||
| 15,001-25,000 | 4.68 | ||||
| Over 25,000 | 7.68 | ||||
| Sewer | $19.75 | 1-6,000 | $2.17 | $13.02 | $32.77 |
| 6,001 - 15,000 | $2.17 | ||||
| Total | $40.46 | $27.06 | $67.52 |
Customers outside Wellington are charged a 25% surcharge
ACME UTILITY REVENUE COLLECTED AND BUDGETED
| FY 2020 Actual Revenues | FY 2021 Budgeted Revenues | ||
|---|---|---|---|
| Revenue Source | |||
| 401 324200 | CAPACITY FEES - WATER | $580,480 | $950,000 |
| 401 324202 | CAPACITY FEES - WASTEWATER | 631,895 | 950,000 |
| 401 324203 | CAPACITY FEES - FIRE LINE | 518,000 | 350,000 |
| 401 329003 | OTHER PERMIT FEES | 85,181 | 50,000 |
| 401 334200 | STATE GRANTS - PUBLIC SAFETY | 73,503 | 0 |
| 401 337700 | LOCAL GOV GRANTS - CULTURE/REC | 187,536 | 0 |
| 401 343300 | WATER UTILITY CHARGES | 12,172,114 | 13,013,545 |
| 401 343301 | UTILITY STANDBY CHARGES | 54,884 | 57,000 |
| 401 343302 | UTILITY PENALTIES | 183,068 | 300,000 |
| 401 343303 | METER SALES | 21,678 | 20,000 |
| 401 343305 | INITIATION OF SERVICE | 66,838 | 69,00 |
| 401 343307 | GREASE TRAP PERMIT FEES | 150 | 0 |
| 401 343310 | MISC UTILITY CHARGES | 109,533 | 156,000 |
| 401 343314 | FIRE LINE CHARGES | 188,984 | 205,833 |
| 401 343500 | WW UTILITY CHARGES | 9,163,110 | 9,074,340 |
| 401 361300 | UNREALIZED GAIN/LOSS | 589,240 | 0 |
| 401 361400 | REALIZED GAIN/LOSS | 10,532 | 0 |
| 401 362001 | LEASES | 55,814 | 55,790 |
| 401 364001 | DISPOSITION OF FIXED ASSETS | 49,813 | 0 |
| 401 369002 | INSURANCE PROCEEDS | 24,378 | 0 |
| 401 369003 | MISCELLANEOUS REVENUES | 6,962 | 10,000 |
| 401 369009 | MISC COST RECOVERY | 3,344 | 0 |
| 401 389100 | PROPRIETARY - INTEREST | 1,305,097 | 242,000 |
| 401 389800 | DISTRIBUTION LINES - CAPCONTRIB | 2,413,954 | 0 |
| 401 395000 | APPROPRIATION OF FUND BALANCE | 0 | 2,462,255 |
| UTILITY FUND TOTAL | $28,496,088 | $27,965,763 |