Holly Hill Road East CDD

FY 2020 Proposed O&M Budget

							Year To Date											
			Actuals Through			Anticipated		Anticipated FY			FY 2019			FY 2020		
						05/2019 -					Adopted			Proposed		
				04/30/2019						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		16,939.89			30,748.11			47,688.00			47,688.00			56,928.06		
Other Income & Other Financing Sources		265.41			-			265.41			-			-		
Inter-Governmental Revenue (North Blvd CDD)		-			25,000.00			25,000.00			25,000.00			38,529.48		
Net Revenues																
	$	157,075.48		$	55,748.11		$	212,823.59		$	211,000.00		$	309,113.45		
General & Administrative Expenses																
Supervisor Fees		$	6,800.00	$	5,000.00	$	11,800.00	$	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		11,666.69			8,333.31			20,000.00			20,000.00			20,000.00		
Engineering		1,807.50			13,192.50			15,000.00			15,000.00			15,000.00		
Dissemination Agent		5,000.00			-			5,000.00			5,000.00			5,000.00		
District Counsel		13,750.40			11,249.60			25,000.00			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		212.67			287.33			500.00			500.00			500.00		
Telephone		35.31			164.69			200.00			200.00			200.00		
Postage & Shipping		157.47			112.48			269.95			300.00			325.00		
Copies		819.30			585.21			1,404.51			500.00			1,700.00		
Legal Advertising		3,036.53			4,963.47			8,000.00			8,000.00			5,000.00		
Bank Fees		-			-			-			250.00			-		
Miscellaneous		-			13,264.63			13,264.63			5,100.00			19,116.60		
Property Taxes		64.08			-			64.08			-			75.00		
Web Site Maintenance		875.00			525.00			1,400.00			2,900.00			2,700.00		
Dues, Licenses, and Fees		175.00			-			175.00			250.00			175.00		
Total General & Administrative Expenses													
	$	59,997.77		$	60,580.40		$	120,578.17		$	103,800.00		$	129,266.60		

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Holly Hill Road East CDD

FY 2020 Proposed O&M Budget

								Year To Date											
				Actuals Through			Anticipated		Anticipated FY			FY 2019			FY 2020		
							05/2019 -					Adopted			Proposed		
					04/30/2019						2019 Totals								
								09/2019						Budget			Budget		
																			
Field Expenses																	
General Insurance (Phase 1)	$	2,750.00	$	-	$	2,750.00	$	3,100.00	$	3,025.00		
General Insurance (Phase 2)		-			-			-			-			1,482.84		
Irrigation (Phase 1)		384.89			615.11			1,000.00			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)		9,264.00			10,736.00			20,000.00			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)		-			12,165.00			12,165.00			12,165.00			5,436.00		
Contingency (Phase 2)		-			-			-			-			2,664.71		
Streetlights (Phase 1)		5,071.16			4,720.84			9,792.00			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																
	$	17,470.05		$	36,236.95		$	53,707.00		$	54,057.00		$	78,953.49		
Cabana & Pool Expenses																	
Security	$	-	$	2,916.67	$	2,916.67	$	7,000.00	$	7,000.00		
Amenity Landscaping		-			-			-			-			12,000.00		
Maintenance Staff		-			3,645.83			3,645.83			8,750.00			4,375.00		
Electric		320.38			10,762.62			11,083.00			11,083.00			25,000.00		
Clubhouse Electric		-			1,167.00			1,167.00			1,167.00			-		
Pool Electric		-			5,578.33			5,578.33			13,388.00			-		
Equipment Rental		295.00			210.71			505.71			-			-		
Cable Television		-			525.00			525.00			525.00			525.00		
Property & Casualty		-			3,500.00			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		-			-			-			-			19,713.36		
Total Cabana & Pool Expenses													
	$	4,281.09		$	35,114.46		$	39,395.55		$	53,143.00		$	101,393.36		
Total Expenses	$	81,748.91	$	131,931.81	$	213,680.72	$	211,000.00	$	309,613.45		
Other Revenues (Expenses) & Gains (Losses)																
Interest Income		$	499.99	$	357.14	$	857.13	$	-	$	500.00		
Total Other Revenues (Expenses) & Gains													
	$	499.99		$	357.14		$	857.13		$	-		$	500.00		
(Losses)																
	Net Income (Loss)													
		$	75,826.56		$	(75,826.56)		$	-		$	-		$	-		

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