FY 2023
Proposed Budget	

Revenues			
On-Roll Assessments Wellspring Assessments Developer Contributions
Other Income & Other Financing Sources
Carryforward Revenue	$	858,801.80
79,519.50
-
- 81,861.27	
Net Revenues	$	1,020,182.57	
General & Administrative Expenses Legislative
Supervisor Fees
Financial & Administrative	

$	

12,000.00	
Public Officials' Liability Insurance Trustee Services
Management Engineering Dissemination Agent Property Appraiser District Counsel
Assessment Administration
Reamortization Schedules		4,665.00
10,000.00
42,500.00
10,000.00
7,000.00
2,000.00
25,000.00
7,500.00
250.00	
Audit
Arbitrage Calculation Travel and Per Diem		4,000.00
900.00
300.00	
Telephone
Postage & Shipping Copies
Legal Advertising
Bank Fees		50.00
1,000.00
2,000.00
6,500.00
360.00	
Miscellaneous Meeting Room Office Supplies Property Taxes
Web Site Maintenance
Holiday Decorations Dues, Licenses, and Fees		9,500.00
400.00
250.00
2,500.00
2,700.00
1,250.00
175.00	
Total General & Administrative Expenses	$	152,800.00	

FY 2023
Proposed Budget

Field Operations		
Electric Utility Services		
Electric	$	1,500.00	
Entry Lighting	500.00	
Water-Sewer Combination Services		
Water Reclaimed	20,000.00	
Stormwater Control		
Aquatic Contract	4,000.00	
Lake/Pond Repair Reserve	5,000.00	
Other Physical Environment		
General Liability Insurance	4,500.00	
Property & Casualty Insurance	1,700.00	
Auto Insurance	500.00	
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	85,665.18	
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	86,752.89	
IME - Landscape Improvements	12,600.00	
IME - Lighting	1,260.00	
IME - Miscellaneous	6,300.00	
IME - Water Reclaimed	1,575.00	
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	$	788,563.07	

Wellspring Blvd./Performance Drive Expenses		
Irrigation Repairs	10,000.00	
Landscaping	33,819.50	
Flower & Plant Replacement	10,000.00	
Lighting	19,700.00	
Miscellaneous	3,500.00	
Water Reclaimed	2,500.00	
Total Wellspring Blvd./Performance Drive Expenses	$	79,519.50	

Total Expenses	$  1,020,882.57

Income (Loss) from Operations	$	(700.00)

Other Income (Expense)
Interest Income	$	700.00

Total Other Income (Expense)	$	700.00

Net Income (Loss)	$	-