Actual Through 04/30/2020

Anticipated May
- Sep.

Anticipated Total FY 2020

FY 2020
Adopted Budget

FY 2021
Proposed Budget

Revenues

On-Roll Assessments	$	213,550.90		$	105.01		$	213,655.91		$ 213,655.91	$ 298,722.39	
Off-Roll Assessments	42,695.63		14,232.43		56,928.06		56,928.06		
Other Income & Other Financing Sources	40.00		-		40.00		-	-	
Inter-Governmental Revenue (North Blvd CDD)	12,258.34		26,271.14		38,529.48		38,529.48	42,383.66	
Net Revenues	$	268,544.87		$	40,608.58		$	309,153.45		$ 309,113.45	$ 341,106.05	

General & Administrative Expenses

Supervisor Fees	$	3,600.00	$	5,000.00	$	8,600.00	$	12,000.00	$	12,000.00	
D&O Insurance	2,306.00	-	2,306.00	2,475.00	2,475.00	
Trustee Services	7,084.57	-	7,084.57	6,000.00	10,000.00	
Management	11,666.69	8,333.31	20,000.00	20,000.00	30,000.00	
Field Management	238.16	4,761.84	5,000.00	5,000.00	5,000.00	
Engineering	2,755.00	1,967.86	4,722.86	15,000.00	15,000.00	
Dissemination Agent	6,500.00	-	6,500.00	5,000.00	6,500.00	
District Counsel	13,535.07	9,667.91	23,202.98	20,000.00	20,000.00	
Assessment Administration	12,500.00	-	12,500.00	12,500.00	20,000.00	
Reamortization Schedules	-	500.00	500.00	500.00	750.00	
Audit	2,000.00	4,000.00	6,000.00	6,000.00	7,000.00	
Travel and Per Diem	30.48	21.77	52.25	500.00	500.00	
Telephone	-	200.00	200.00	200.00	200.00	
Postage & Shipping	214.39	153.14	367.53	325.00	325.00	
Copies	55.20	39.43	94.63	1,700.00	1,700.00	
Legal Advertising	1,803.56	1,288.26	3,091.82	5,000.00	5,000.00	
Miscellaneous	985.02	703.59	1,688.61	19,116.60	19,116.60	
Property Taxes	-	-	-	75.00	75.00	
Web Site Maintenance	875.00		1,825.00		2,700.00		2,700.00		2,700.00	
Dues, Licenses, and Fees	175.00		-		175.00		175.00		175.00	
Total General & Administrative Expenses	$	66,324.14		$	38,462.09		$	104,786.23		$ 134,266.60		$ 158,516.60	

Actual Through 04/30/2020

Anticipated May
- Sep.

Anticipated Total FY 2020

FY 2020
Adopted Budget

FY 2021
Proposed Budget

Field Expenses

General Insurance (Phase 1)	$	2,958.00		$	-		$	2,958.00		$	3,025.00		$	3,025.00	
General Insurance (Phase 2)	-		-		-		1,482.84		1,482.84	
Irrigation (Phase 1)	181.72		518.28		700.00		700.00		700.00	
Irrigation (Phase 2)	-		343.14		343.14		343.14		343.14	
Irrigation Repairs (Phase 1)	2,966.32		2,118.80		5,085.12		2,400.00		2,400.00	
Irrigation Repairs (Phase 2)	-		1,176.47		1,176.47		1,176.47		1,176.47	
Landscaping Maintenance & Material (Phase 1)	8,162.00		5,830.00		13,992.00		16,392.00		13,992.00	
Landscaping Maintenance & Material (Phase 2)	11,000.00		5,000.00		16,000.00		12,000.00		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		2,696.08		2,696.08		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		1,225.49		1,225.49		1,225.49	
Contingency (Phase 1)	3,601.20		7,871.35		11,472.55		5,436.00		5,436.00	
Contingency (Phase 2)	-		2,664.71		2,664.71		2,664.71		2,664.71	
Storm Damage	-		3,000.00		3,000.00		3,000.00		3,000.00	
Streetlights (Phase 1)	5,751.27		3,248.73		9,000.00		9,000.00		9,000.00	
Streetlights (Phase 2)	-		4,411.76		4,411.76		4,411.76		4,411.76	
Total Field Expenses	$	34,620.51		$	48,104.81		$	82,725.32		$	73,953.49		$	71,553.49	

Cabana & Pool Expenses										
Security	$	-		$	7,000.00		$	7,000.00		$	7,000.00		$	5,000.00	
Maintenance Staff	5,525.00		3,946.43		9,471.43		4,375.00		4,375.00	
Electric	9,370.45		15,629.55		25,000.00		25,000.00		25,000.00	
Amenity Landscaping	14,500.00		7,500.00		22,000.00		12,000.00		12,000.00	
Cable Television	761.78		544.13		1,305.91		525.00		525.00	
Property & Casualty	9,357.00		-		9,357.00		6,328.00		10,000.00	
Equipment Repair & Maintenance	-		2,042.00		2,042.00		2,042.00		2,042.00	
Pest Control	337.05		240.75		577.80		660.00		828.00	
Signage & Amenities Repair	-		750.00		750.00		750.00		750.00	
Swimming Pools Maintenance	12,385.89		8,847.06		21,232.95		23,000.00		18,644.76	
Playground Lease	12,618.73		10,850.95		23,469.68		19,713.36		32,371.20	
Total Cabana & Pool Expenses	$	64,855.90		$	57,350.87		$	122,206.77		$ 101,393.36		$ 111,535.96	

Total Expenses	
  $	165,800.55 		
  $	143,917.77 		
  $	309,718.32 		
  $ 309,613.45 		
  $ 341,606.05 	

Other Revenues (Expenses) & Gains (Losses)										
Interest Income	$	329.51		$	235.36		$	564.87		$	500.00		$	500.00	
Total Other Revenues (Expenses) & Gains	$	329.51
(Losses)		$	235.36		$	564.87		$	500.00		$	500.00	
Net Income (Loss)	$	103,073.83		$ (103,073.83)		$	-		$	-		$	-