FY 2025 Adopted	
	Budget	

Revenues		
On-Roll Assessments	$	858,801.80	
Wellspring Assessments	68,750.00	
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	

Field Operations
Electric Utility Services
Electric
Entry Lighting
Water-Sewer Combination Services

$	1,500.00
500.00

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
Landscaping Maintenance & Material	45,000.00	
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 Streetlights
Parks & Recreation
Personnel Leasing Agreement
Reserves

10,000.00
15,000.00

36,000.00

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	37,142.33	
Flower & Plant Replacement	10,000.00	
Lighting	9,377.17	
Miscellaneous	3,500.00	
Water Reclaimed	3,500.00	
Total Wellspring Blvd./Performance Drive Expenses	$	68,750.00	

Total Expenses

Income (Loss) from Operations

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

Net Income (Loss)

$  1,024,101.78

$	(3,000.00)

$	3,000.00

$	3,000.00

$	-