Holly Hill Road East CDD

FY 2020 Adopted O&M Budget

								Year To Date														
				Actuals Through			Anticipated		Anticipated FY				FY 2019			FY 2020		
							07/2019 -							Adopted			Adopted		
					06/30/2019							2019 Totals									
								09/2019								Budget			Budget		
																						
Revenues																				
			$	139,870.18	$	-		$	139,870.18		$	138,312.00		$	213,655.91		
On-Roll Assessments															
Off-Roll Assessments		47,770.89			-				47,770.89					47,688.00				56,928.06		
Other Income & Other Financing Sources		654.20			-				654.20					-				-		
Inter-Governmental Revenue (North Blvd CDD)		91.80			24,908.20				25,000.00					25,000.00				38,529.48		
Net Revenues																				
	$	188,387.07		$	24,908.20			$	213,295.27			$	211,000.00			$	309,113.45		
General & Administrative Expenses																				
Supervisor Fees		$	7,800.00	$	3,000.00		$	10,800.00		$	6,000.00		$	12,000.00		
D&O Insurance		2,250.00			-				2,250.00					2,800.00				2,475.00		
Trustee Services		3,097.82			2,902.18				6,000.00					6,000.00				6,000.00		
Management		15,000.03			4,999.97				20,000.00					20,000.00				20,000.00		
Engineering		4,465.00			1,488.33				5,953.33					15,000.00				15,000.00		
Dissemination Agent		5,000.00			-				5,000.00					5,000.00				5,000.00		
District Counsel		15,644.40			5,214.80				20,859.20					25,000.00				20,000.00		
Bond Counsel		1,250.00			-				1,250.00					-				-		
Assessment Administration		5,000.00			-				5,000.00					-				12,500.00		
Reamortization Schedules		-			-				-					-				500.00		
Audit		4,000.00			-				4,000.00					6,000.00				6,000.00		
Travel and Per Diem		248.09			82.70				330.79					500.00				500.00		
Telephone		58.67			19.56				78.23					200.00				200.00		
Postage & Shipping		157.47			52.49				209.96					300.00				325.00		
Copies		819.30			273.10				1,092.40					500.00				1,700.00		
Legal Advertising		3,243.03			1,081.01				4,324.04					8,000.00				5,000.00		
Bank Fees		-			-				-					250.00				-		
Miscellaneous		61.00			7,291.03				7,352.03					5,100.00				19,116.60		
Property Taxes		64.08			-				64.08					-				75.00		
Web Site Maintenance		1,125.00			315.00				1,440.00					2,900.00				2,700.00		
Dues, Licenses, and Fees		175.00			-				175.00					250.00				175.00		
																	
Total General & Administrative Expenses		$	69,458.89		$	26,720.17			$	96,179.06			$	103,800.00			$	129,266.60		

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Holly Hill Road East CDD

FY 2020 Adopted O&M Budget

									Year To Date																			
					Actuals Through			Anticipated				Anticipated FY						FY 2019			FY 2020		
								07/2019 -											Adopted			Adopted		
						06/30/2019									2019 Totals											
									09/2019												Budget			Budget		
																											
Field Expenses																									
			$	2,750.00	$	-		$	2,750.00		$	3,100.00			$	3,025.00		
General Insurance (Phase 1)																
General Insurance (Phase 2)		-			-						-							-					1,482.84		
Irrigation (Phase 1)		539.51			179.84						719.35							1,000.00					700.00		
Irrigation (Phase 2)		-			-						-							-					343.14		
Irrigation Repairs (Phase 1)		-			-						-							-					2,400.00		
Irrigation Repairs (Phase 2)		-			-						-							-					1,176.47		
Landscaping Maintenance & Material (Phase 1)		11,596.00			3,865.33						15,461.33							20,000.00					16,392.00		
Landscaping Maintenance & Material (Phase 2)		-			-						-							-					12,000.00		
Flower & Plant Replacement (Phase 1)		-			5,500.00						5,500.00							5,500.00					5,500.00		
Flower & Plant Replacement (Phase 2)		-			-						-							-					2,696.08		
Fertilizer / Pesticides (Phase 1)		-			2,500.00						2,500.00							2,500.00					2,500.00		
Fertilizer / Pesticides (Phase 2)		-			-						-							-					1,225.49		
Contingency (Phase 1)		100.00			12,065.00						12,165.00							12,165.00					5,436.00		
Contingency (Phase 2)		-			-						-							-					2,664.71		
Streetlights (Phase 1)		6,746.82			2,248.94						8,995.76							9,792.00					9,000.00		
Streetlights (Phase 2)		-			-						-							-					4,411.76		
Storm Damage		-			-						-							-					3,000.00		
Field Management		-			-						-							-					5,000.00		
Total Field Expenses																									
	$	21,732.33		$	26,359.11					$	48,091.44					$	54,057.00				$	78,953.49		
Cabana & Pool Expenses																									
Security		$	-	$	7,000.00		$	7,000.00		$	7,000.00			$	7,000.00		
Amenity Landscaping		-			-						-							-					12,000.00		
Maintenance Staff		135.00			8,615.00						8,750.00							8,750.00					4,375.00		
Electric		546.53			10,536.47						11,083.00							11,083.00					25,000.00		
Clubhouse Electric		-			1,167.00						1,167.00							1,167.00					-		
Pool Electric		802.78			12,585.22						13,388.00							13,388.00					-		
Water		201.64			67.21						268.85							-					-		
Equipment Rental		295.00			98.33						393.33							-					-		
Cable Television		-			525.00						525.00							525.00					525.00		
Property & Casualty		453.00			3,047.00						3,500.00							3,500.00					6,328.00		
Other Insurance		2,744.00			-						2,744.00							-					-		
Equipment Repair & Maintenance		-			2,042.00						2,042.00							2,042.00					2,042.00		
Pest Control		-			583.00						583.00							583.00					660.00		
Signage & Amenities Repair		-			438.00						438.00							438.00					750.00		
Swimming Pools Maintenance		921.71			3,745.29						4,667.00							4,667.00					23,000.00		
Playground Lease		8,213.90			4,928.34						13,142.24							-					19,713.36		
																						
Total Cabana & Pool Expenses		$	14,313.56		$	55,377.87					$	69,691.43					$	53,143.00				$	101,393.36		
Total Expenses		$	105,504.78		$	108,457.14			$	213,961.92			$	211,000.00				$	309,613.45		
Other Revenues (Expenses) & Gains (Losses)																									
Interest Income		$	499.99	$	166.66		$	666.65		$	-			$	500.00		
																				
Total Other Revenues (Expenses) & Gains		$	499.99		$	166.66					$	666.65				$	-				$	500.00		
(Losses)																									
																					
	Net Income (Loss)		$	83,382.28		$	(83,382.28)				$	-			$	-				$	-		

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