Excess/(deficiency) of revenues						
over/(under) expenditures	$	-		$	1	
Fund balance - beginning (unaudited)		-			-	
Fund balance - ending	$	-		$	1	

LAUREL ROAD COMMUNITY DEVELOPMENT DISTRICT
ADOPTED O&M BUDGET FISCAL YEAR 2023

	Adopted Budget
FY 2022		Adopted Budget
FY 2023	
REVENUES				
Assessment levy: off-roll
Landowner contribution	$	-
121,355		$	273,733
-	
Total revenues	 $	121,355 		 $	273,733 	
EXPENDITURES				
Professional & Administrative				
Supervisor Fees	$	12,000		$	12,900	
Trustee	6,000		6,000	
Management	30,000		48,000	
Engineering	15,000		15,000	
Dissemination Agent	5,000		1,000	
District Counsel	20,000		25,000	
Assessment Administration	7,500		5,500	
Audit	6,000		6,500	
Arbitrage Rebate Calculation	-		500	
Reamortization Schedules	250		-	
Telephone	-		200	
Postage	300		500	
Legal Advertising	10,000		8,000	
Miscellaneous	680		590	
Office Supplies	250		500	
Web Site Maintenance	2,700		915	
Dues, Licenses, and Fees	175		175	
Maintenance Staff	-		20,000	
Lifestyle Staff	-		20,000	
Total professional & administrative	$	115,855		$	171,280	

Field operations				
Electric	-		3,500	
Reclaimed Water	-		5,000	
Equipment rental	-		6,000	
General Liability Insurance	5,500		5,952	
Property & Casualty Insurance	-		5,100	
Irrigation Maintenance	-		200	
Lake Maintenance	-		18,000	
Landscape Maintenance	-		25,000	
Landscape Improvements	-		2,500	
Contingency	-		10,000	
Gate maintenance	-		1,000	
Street Sweeping	-		15,000	
Lighting	-		200	
Bike Share	-		5,000	
Total field operations	$	5,500		$	102,452	
				
Total expenditures	$	121,355		$	273,732