Annual Report
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2007 Report 2006 Report 2005 Report 2004 Report 2003 Report 2002 Report

 

2007 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 .9 mill tax assessed annually on property within the municipal services taxing district and shown with other taxes on your annual property tax notices.

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 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,

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 one mill tax assessed annually on property within the municipal services taxing district and shown with other taxes on your annual property tax notices.

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 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.

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, 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