FY 2025
Proposed Budget

Revenues		
On-Roll Assessments	$	858,801.80	
Wellspring Assessments	68,750.00	
Other Income & Other Financing Sources	-	
Carryforward Revenue	93,549.98	
Net Revenues	$  1,021,101.78	
General & Administrative Expenses		
Legislative		
Supervisor Fees	$	12,000.00	
Financial & Administrative		
Public Officials' Liability Insurance	4,655.20	
Trustee Services	7,000.00	
Management	46,750.00	
Engineering	19,500.00	
Disclosure	1,800.00	
Property Appraiser	2,500.00	
District Counsel	25,000.00	
Assessment Administration	7,500.00	
Reamortization Schedules	250.00	
Audit	3,765.00	
Arbitrage Calculation	900.00	
Travel and Per Diem	300.00	
Telephone	25.00	
Postage & Shipping	1,000.00	
Copies	2,000.00	
Legal Advertising	6,500.00	
Bank Fees	360.00	
Miscellaneous	9,380.00	
Meeting Room	250.00	
Office Supplies	100.00	
Web Site Maintenance	3,000.00	
Holiday Decorations	1,250.00	
Dues, Licenses, and Fees	175.00	
Total General & Administrative Expenses	$	155,960.20	

	FY 2025	
	Proposed Budget	

Field Operations		
Electric Utility Services		
Electric	$	1,500.00	
Entry Lighting	500.00	
Water-Sewer Combination Services		
Water Reclaimed	32,500.00	
Stormwater Control		
Aquatic Contract	3,900.00	
Lake/Pond Repair Reserve	5,000.00	
Other Physical Environment		
General Liability Insurance	5,331.40	
Property & Casualty Insurance	1,700.00	
Auto Insurance	100.00	
Irrigation Repairs	45,000.00	
Landscaping Maintenance & Material		
District Landscaping	263,577.12	
Gateway Road Landscaping	473.88	
Tree Trimming	40,000.00	
Flower & Plant Replacement	50,000.00	
Contingency	75,915.18	
Pest Control	2,810.00	
Hurricane Cleanup	50,000.00	
Interchange Maintenance Expenses		
IME - Aquatics Maintenance	3,339.00	
IME - Irrigation Repairs	3,150.00	
IME - Landscaping	94,500.00	
IME - Lighting	1,260.00	
IME - Miscellaneous	6,300.00	
IME - Water Reclaimed	1,575.00	
IME - Landscape Improvements	12,600.00	
New Operational Field Expenses		
Trail Repair	15,000.00	
Road & Street Facilities		
Entry and Wall Maintenance	10,000.00	
Streetlights	15,000.00	
Parks & Recreation		
Personnel Leasing Agreement	36,000.00	
Reserves		
Infrastructure Capital Reserve	20,000.00	
Interchange Maintenance Reserve	2,360.00	
Total Field Operations Expenses	$	799,391.58	

Wellspring Blvd./Performance Drive Expenses		
Irrigation Repairs	$	5,230.50	
Landscaping	37,000.00	
Flower & Plant Replacement	10,000.00	
Lighting	9,519.50	
Miscellaneous	3,500.00	
Water Reclaimed	3,500.00	
Total Wellspring Blvd./Performance Drive Expenses	$	68,750.00	

Total Expenses	$  1,024,101.78

Income (Loss) from Operations	$	(3,000.00)

Other Income (Expense)
Interest Income	$	3,000.00

Total Other Income (Expense)	$	3,000.00

Net Income (Loss)	$	-