FY 2023	Actual FY 2023
Adopted Budget

FY 2023
Adopted
Revised Budget

Revenues		
Off-Roll Assessments	$	-		$	13,502.85		$	13,502.85	
Developer Contributions	273,733.00		99,883.78		99,883.78	
Other Income & Other Financing Sources	-		375.64		375.64	
Net Revenues	$	273,733.00		$	113,762.27		$	113,762.27	

General & Administrative Expenses						
Supervisor Fees	$	12,900.00		$	11,600.00		$	11,600.00	
Public Officials' Liability Insurance	-		2,504.00		2,504.00	
Trustee Services	6,000.00		3,524.39		3,524.39	
Management	48,000.00		48,000.00		48,000.00	
Engineering	15,000.00		-		13,878.49	
Disclosure	1,000.00		1,000.00		1,000.00	
District Counsel	25,000.00		7,875.50		7,875.50	
Assessment Administration	5,500.00		-		-	
Audit	6,500.00		5,500.00		5,500.00	
Arbitrage Calculation	500.00		-		-	
Telephone	200.00		-		-	
Postage & Shipping	500.00		19.89		19.89	
Legal Advertising	8,000.00		5,380.92		5,380.92	
Miscellaneous	590.00		-		-	
Office Supplies	500.00		395.76		395.76	
Web Site Maintenance	915.00		5,300.00		5,300.00	
Dues, Licenses, and Fees	175.00		175.00		175.00	
Maintenance Staff	20,000.00		-		-	
Lifestyle Staff	20,000.00		-		-	
Total General & Administrative Expenses	$	171,280.00		$	91,275.46		$	105,153.95	

Field Operations Expenses

Electric	$	3,500.00		$	-		$	-	
Water Reclaimed	5,000.00		-		-	
Equipment Rental	6,000.00		-		-	
General Insurance	5,952.00		3,059.00		3,059.00	
Property & Casualty Insurance	5,100.00		-		-	
Irrigation	200.00		-		-	
Lake Maintenance	18,000.00		4,770.00		5,871.52	
Landscaping Maintenance & Material	25,000.00		-		-	
Landscape Improvements	2,500.00		-		-	
Contingency	10,000.00		-		-	
Gate - Repairs & Maintenance	1,000.00		-		-	
Street Sweeping	15,000.00		-		-	
Lighting	200.00		-		-	
Bike Share	5,000.00		-		-	
Total Field Operations Expenses	$	102,452.00		$	7,829.00		$	8,930.52	

Total Expenses

 $	273,732.00 

 $	99,104.46 

 $	114,084.47 

FY 2023	Actual FY 2023
Adopted Budget

FY 2023
Adopted
Revised Budget

Other Revenues (Expenses) & Gains (Losses)

Interest Income
Total Other Revenues (Expenses) & Gains (Losses)

$	-	$

$	-	$

322.20	$
322.20	$

322.20
322.20

  

Net Income (Loss)

$	1.00 * $

14,980.01	$	-