FY 2025		FY 2025 Revised	
	Adopted Budget		Adopted Budget	

Revenues				
On-Roll Assessments	$  2,854,048.00		$	2,854,048.00	
Assessment - Refund and Discounts	(114,162.00)		(79,517.90)	
Garden Lot	1,200.00		1,196.19	
Facility Rental Revenue	600.00		1,550.00	
Access Keys	1,200.00		1,200.00	
Insurance Reimbursements	-		14,419.16	
Net Revenues	$  2,742,886.00		$	2,792,895.45	
EXPENDITURES				
Administration Expenses				
Supervisor Fees	$	14,000.00		$	14,000.00	
FICA Expense	1,071.00		984.90	
Trustee Services	10,160.00		10,500.00	
Management	73,468.00		73,468.00	
Engineering	70,000.00		70,000.00	
Assessment Collection Cost	57,081.00		57,081.00	
Disclosure Agent	1,500.00		2,000.00	
Property Appraiser	392.00		554.15	
District Counsel	60,000.00		125,000.00	
Recording Secretary	4,456.00		-	
Audit	5,000.00		5,000.00	
Arbitrage Calculation	1,200.00		1,200.00	
Postage & Shipping	1,000.00		200.00	
Legal Advertising	1,200.00		2,300.00	
Special Assessment Fees	9,360.00		9,360.00	
Miscellaneous / Contingency	-		10,750.81	
Meeting Room	7,500.00		5,000.00	
Office Supplies	-		150.47	
General Liability Insurance	27,000.00		26,543.10	
Dues, Licenses, and Fees	175.00		175.00	
Total Administrative Expenses	$	344,563.00		$	414,267.43	

Field Expenses				
Field Management	$	387,084.00		$	378,983.19	
Total Field Expenses	$	387,084.00		$	378,983.19	

Landscape Services				
Irrigation	$	30,000.00		$	25,800.68	
Landscaping Maintenance & Material	837,740.00		730,000.00	
Tree Trimming	40,000.00		25,000.00	
Miscellaneous / Contingency	50,000.00		54,000.00	
Total Landscape Services	$	957,740.00		$	834,800.68	

Utility Expenses				
Electric	$	43,000.00		$	48,773.21	
Water-Sewer	220,000.00		350,177.65	
Streetlights	139,000.00		124,442.51	
Total Utility Services	$	402,000.00		$	523,393.37	

		FY 2025		FY 2025 Revised	
		Adopted Budget		Adopted Budget	

Operation & Maintenance					
Refuse Removal		$	3,500.00		$	5,041.13	
Amenity - Pool Maintenance		60,000.00		53,845.65	
Repair & Maintenance - Vehicles		10,000.00		-	
Repair & Maintenance - Equipment / Boats		10,000.00		-	
Repair & Maintenance - Streetlights		15,000.00		-	
Interfund transfer		-		352,199.00	
Pond Maintenance		100,000.00		10,000.00	
Security		6,000.00		6,300.00	
Parks & Facilities		45,000.00		86,000.00	
Garden Lot Expenses		2,000.00		500.00	
Invasive Plant Maintenance		105,000.00		-	
Capital Outlay - Vehicles		15,000.00		-	
Roads & Alleyway		2,000.00		9,470.00	
Operating Supplies - Fuel, Oil, etc.		8,000.00		8,000.00	
Reserve - Other		280,000.00		4,000.00	
Sidewalk Panel Repair & Replacements		20,000.00		106,095.00	
Total Operation & Maintenance		 $	681,500.00 		 $	641,450.78 	
Total Expenditures		$  2,772,887.00		$	2,792,895.45	
Income (Loss) from Operations		$	(30,001.00)		$	-	

Other Income (Expense)					
Interest Income		$	30,000.00			
Interest - Tax Collector		-			
Excess (deficiency)		1.00			
Total Other Income (Expense)		$	30,001.00			
Net Income (Loss)		$	-