FY 2019
Adopted Budget

FY 2019
Amended Budget

Revenues

On-Roll Assessments	$	492,716.16		$ 492,716.16	
Developer Contributions	-		76,278.44	
Other Income & Other Financing Sources	-		1.32	
Money Market Reserve	260,357.44		184,077.68	
Net Revenues	$	753,073.60		$ 753,073.60	

General & Administrative Expenses					
Legislative
Supervisor Fees	
$	
12,000.00	
$	
9,000.00	
Financial & Administrative					
Public Officials' Liability Insurance	3,575.00		3,250.00	
Trustee Services	2,000.00		8,072.63	
Management
Engineering	40,000.00		39,999.96	
District Engineering	5,000.00		11,410.98	
Wellspring Engineering	-		5,882.50	
Dissemination Agent	5,000.00		1,750.00	
Property Appraiser	3,000.00		1,432.00	
District Counsel	20,000.00		31,313.21	
Assessment Administration	7,500.00		7,500.00	
Audit	3,975.00		3,923.00	
Arbitrage Calculation	900.00		-	
Travel and Per Diem	500.00		229.56	
Telephone	500.00		329.67	
Postage & Shipping	500.00		977.01	
Copies	2,000.00		1,812.30	
Legal Advertising	5,000.00		6,136.87	
Bank Fees	50.00		-	
Miscellaneous	5,000.00		146.12	
Property Taxes	75.00		123.22	
Web Site Maintenance	1,250.00		1,279.99	
Holiday Decorations	-		1,246.00	
Dues, Licenses, and Fees	175.00		175.00	
Total General & Administrative Expenses	$	118,000.00		$ 135,990.02	

Electric	$	1,000.00	$	953.03	
Entry Lighting	500.00	168.26	

Field Operations Electric Utility Services

FY 2019
Adopted Budget

FY 2019
Amended Budget

Water-Sewer Combination Services
Water Reclaimed
Stormwater Control
Aquatic Contract Lake/Pond Repair Reserve

10,000.00	25,983.26

5,160.00	3,150.00
5,000.00	-

Other Physical Environment
General Liability Insurance	
5,000.00	
3,723.00	
Property & Casualty Insurance	1,500.00	-	
Auto Insurance
Irrigation	750.00	-	
District Irrigation	30,000.00	26,683.24	
Reserve Irrigation (Controller Replacement)	-	27,743.00	
Wellspring Irrigation	-	15,750.70	
Landscaping Maintenance & Material			
District Landscaping	182,484.00	182,523.41	
Gateway Road Landscaping	-	2,916.01	
Wellspring Landscaping	-	40,424.64	
Tree Trimming
Flower & Plant Replacement	40,000.00	23,239.22	
District Flower & Plant Replacement	110,000.00	36,524.70	
Wellspring Flower & Plant Replacement	-	18,946.50	
Contingency	23,426.31	14,232.70	
Hurricane Cleanup	15,000.00	15,000.00	

Interchange Maintenance Expenses

FY 2019
Adopted Budget

FY 2019
Amended Budget

IME - Aquatics Maintenance	3,339.00	3,156.35	
IME - Irrigation	31,500.00	8,358.14	
IME - Landscaping	77,221.62	87,310.74	
IME - Lighting	20,000.00	14,035.38	
IME - Miscellaneous	-	3,356.27	
IME - Water Reclaimed	3,150.00	944.60	

New Operational Field Expenses
Trail Benches
Crosswalk Improvements
Road & Street Facilities

-	-
16,516.00	16,516.00

Entry and Wall Maintenance	10,000.00	6,185.00	
Streetlights	12,000.00	13,527.72	

Parks & Recreation
Personnel Leasing Agreement
Reserves

20,000.00	18,333.37

Infrastructure Capital Reserve	10,166.67		10,166.67	
Interchange Maintenance Reserve	2,360.00		2,360.00	
Total Field Operations Expenses	$	636,073.60		$ 622,211.91	

Total Expenses

   $	754,073.60

   $ 758,201.93

Income (Loss) from Operations

Other Income (Expense)
Interest Income
Total Other Income (Expense)

$	(1,000.00)

$	1,000.00
$	1,000.00

$	(5,128.33)

$	5,128.33

$	5,128.33

 	
Net Income (Loss)	$	-	$	-