Davenport Road South CDD

FY 2019 Proposed O&M Budget

		YTD Actual			Anticipated			Anticipated			FY 2018			FY 2019	
		Through			04/2018 -		Total FY 2018			Adopted			Proposed	
		03/31/2018			09/2018						Budget			Budget	
Revenues															
Developer Contributions	$	33,753.00	$	144,422.00	$	178,175.00	$	180,000.00	$	41,986.00	
Assessments		-			-			-			-			276,750.00	
															
Net Revenues	$	33,753.00	$	144,422.00	$	178,175.00	$	180,000.00	$	318,736.00	
General & Administrative Expenses															
Supervisor Fees	$	5,000.00			5,000.00	$	10,000.00	$	6,000.00	$	6,000.00	
Public Officials' Liability Insurance		2,475.00			-			2,475.00			6,000.00			2,800.00	
Trustee Services		-			6,000.00			6,000.00			6,000.00			6,000.00	
Management		10,000.00			10,000.00			20,000.00			20,000.00			20,000.00	
Engineering		3,178.00			11,822.00			15,000.00			15,000.00			15,000.00	
Dissemination Agent		-			5,000.00			5,000.00			5,000.00			5,000.00	
District Counsel		7,241.00			17,759.00			25,000.00			25,000.00			25,000.00	
Audit		-			3,000.00			3,000.00			6,000.00			6,000.00	
Travel and Per Diem		-			500.00			500.00			500.00			500.00	
Telephone		49.00			151.00			200.00			200.00			200.00	
Postage & Shipping		103.00			197.00			300.00			300.00			300.00	
Copies		174.00			326.00			500.00			500.00			500.00	
Legal Advertising		1,882.00			6,118.00			8,000.00			8,000.00			8,000.00	
Bank Fees		-			-			-			250.00			250.00	
Miscellaneous		-			1,100.00			1,100.00			1,100.00			1,100.00	
Web Site Maintenance		450.00			450.00			900.00			2,900.00			2,900.00	
Dues, Licenses, and Fees		175.00			-			175.00			250.00			250.00	
Aquatic Contract		-			12,000.00			12,000.00			12,000.00			-	
Contingency		-			-			-			-			27,611.20	
															
Total General & Administrative Expenses	$	30,727.00	$	79,423.00	$	110,150.00	$	115,000.00	$	127,411.20	
Field Expenses															
General Insurance	$	3,025.00			-	$	3,025.00	$	-	$	3,400.00	
Irrigation		-			-			-			-			1,000.00	
Landscaping Maintenance		-			65,000.00			65,000.00			65,000.00			117,600.00	
Landscape Improvements - Mulch & Flowers		-			-			-			-			9,720.00	
Fertilization		-			-			-			-			5,616.00	
Contingency		-			-			-			-			2,500.00	
Streetlights		-			-			-			-			18,154.80	
															
	$	3,025.00	$	65,000.00	$	68,025.00	$	65,000.00	$	157,990.80	
Cabana & Pool Expenses															
Security		-			-			-			-	$	4,000.00	
Maintenance Staff		-			-			-			-			5,000.00	
Contingency		-			-			-			-			2,967.00	
Electric		-			-			-			-			6,333.00	
Cabana Electric		-			-			-			-			667.00	
Pool Electric		-			-			-			-			1,250.00	
Cable Television		-			-			-			-			300.00	
Property & Casualty		-			-			-			-			2,000.00	
Equipment Repair & Maintenance		-			-			-			-			1,167.00	
Pest Control		-			-			-			-			333.00	
Signage & Amenities Repair		-			-			-			-			250.00	
Swimming Pools		-			-			-			-			6,400.00	
Pool and Cabana Water		-			-			-			-			2,667.00	
															
	$	-	$	-	$	-	$	-	$	33,334.00	
Total Expenses	$	33,752.00		$	144,423.00		$	178,175.00		$	180,000.00		$	318,736.00	
															
Net Income (Loss)	$	1.00	$	(1.00)	$	-	$	-	$	-