Narcoossee
Community Development District

Adopted Budget
FY 2023

	Table of Contents	

1-2	
General Fund	

3-9	

General Fund Narrative	

10	

O&M Assessment Allocation Chart	

11	

Debt Service Fund	

12	

Amortization Schedule - Series 2013 A-1	

13	

Amortization Schedule - Series 2013 A-2	

14	

Debt Service Assessment Allocation Chart	

15	

Capital Reserve Fund - Nona Crest	

16	

Capital Reserve Fund - La Vina	

17	

Capital Reserve Fund - Nona Preserve	

18	

Capital Reserve Fund - Parcels G&H	

	Adopted
Budget	Actual
thru	Projected
Next	Total
Projected	Adopted
Budget	
	FY2022	5/31/22	4 Months	9/30/22	FY2023	

Revenues						

Maintenance Assessments	$	315,353	$	281,412	
$	33,941	
$	315,353	
$	416,242	
Interest	$	-	$	3	$	3	$	6	$	-	
Beginning Fund Balance*	$	32,846	$	46,996	$	-	$	46,996	$	29,695	
Total Revenues	$	348,200	$	328,411	$	33,944	$	362,355	$	445,938	

Expenditures						
Administrative
Supervisor Fees	
$	6,000	
$	3,400	
$	2,000	
$	5,400	
$	6,000	
FICA Expense	$	459	$	260	$	153	$	413	$	459	
Engineering Fees	$	7,800	$	4,965	$	17,600	$	22,565	$	7,800	
Assessment Roll	$	5,000	$	5,000	$	-	$	5,000	$	5,000	
Attorney	$	12,000	$	3,294	$	4,000	$	7,294	$	12,000	
Annual Audit	$	2,895	$	2,895	$	-	$	2,895	$	2,995	
Dissemination Agent	$	1,250	$	833	$	417	$	1,250	$	1,250	
Arbitrage	$	600	$	600	$	-	$	600	$	600	
Trustee Fees	$	3,000	$	2,963	$	-	$	2,963	$	3,000	
Management Fees	$	46,971	$	31,314	$	15,657	$	46,971	$	49,320	
Information Technology	$	1,200	$	800	$	400	$	1,200	$	1,500	
Website Maintenance	$	1,200	$	800	$	400	$	1,200	$	1,200	
Telephone	$	25	$	-	$	8	$	8	$	25	
Postage	$	450	$	282	$	150	$	432	$	450	
Insurance	$	24,840	$	23,374	$	-	$	23,374	$	28,049	
Printing & Binding	$	200	$	6	$	67	$	72	$	200	
Legal Advertising	$	1,900	$	404	$	633	$	1,037	$	1,900	
Other Current Charges	$	2,000	$	790	$	667	$	1,456	$	2,000	
Property Appraiser	$	780	$	-	$	780	$	780	$	780	
Office Supplies	$	50	$	2	$	17	$	18	$	50	
Dues, Licenses & Subscriptions	$	175	$	175	$	-	$	175	$	175	
Contingency	$	274	$	-	$	274	$	274	$	274	
Administrative Expenses	$	119,069	$	82,156	$	43,222	$	125,378	$	125,027	

Maintenance						
NonaCrest						
Field Management	$	4,289	$	2,859	$	1,430	$	4,289	$	4,503	
Landscape Maintenance	$	26,053	$	13,695	$	6,950	$	20,644	$	41,705	
Irrigation Repairs	$	3,500	$	3,297	$	1,749	$	5,046	$	5,000	
Lake Maintenance	$	4,350	$	2,784	$	1,392	$	4,176	$	4,385	
Wall Repairs/Cleaning	$	2,500	$	1,277	$	833	$	2,110	$	2,500	
Feature Lighting	$	1,000	$	-	$	333	$	333	$	1,000	
Miscellaneous Common Area	$	1,224	$	1,110	$	1,500	$	2,610	$	5,000	
Total NonaCrest	$	42,916	$	25,021	$	14,187	$	39,209	$	64,093	

	Adopted
Budget	Actual
thru	Projected
Next	Total
Projected	Adopted
Budget	
	FY2022	5/31/22	4 Months	9/30/22	FY2023	
La Vina						
Field Management	$	10,981	$	7,321	$	3,660	$	10,981	$	11,530	
Landscape Maintenance	$	38,762	$	24,016	$	12,188	$	36,204	$	72,229	
Irrigation Repairs	$	10,500	$	4,194	$	3,500	$	7,694	$	10,500	
Lake Maintenance	$	4,573	$	2,950	$	1,453	$	4,403	$	4,788	
Utilities	$	8,340	$	3,385	$	2,400	$	5,785	$	7,150	
Wall Repairs/Cleaning	$	3,000	$	311	$	1,000	$	1,311	$	3,000	
Solvino Streetlighting	$	2,710	$	1,834	$	920	$	2,753	$	3,036	
Capri Streetlighting	$	3,850	$	2,608	$	1,308	$	3,916	$	4,318	
Miscellaneous Common Area	$	10,691	$	75	$	3,564	$	3,639	$	5,000	
Total La Vina	$	93,406	$	46,693	$	29,992	$	76,685	$	121,551	

Nona Preserve						
Field Management	$	4,735	$	3,157	$	1,578	$	4,735	$	4,972	
Landscape Maintenance	$	29,400	$	19,698	$	9,996	$	29,694	$	60,358	
Irrigation Repairs	$	3,480	$	2,423	$	1,160	$	3,583	$	4,500	
Lake Maintenance	$	4,200	$	2,800	$	1,400	$	4,200	$	4,410	
Miscellaneous Common Area	$	58	$	-	$	58	$	58	$	1,000	
Total Nona Preserve	$	41,873	$	28,078	$	14,192	$	42,270	$	75,240	

Parcels G & H						
Field Management	$	2,828	$	1,885	$	943	$	2,828	$	2,969	
Landscape Maintenance	$	13,687	$	8,546	$	4,336	$	12,882	$	25,709	
Lake Maintenance	$	1,575	$	1,050	$	503	$	1,553	$	1,654	
Total Parcels G & H	$	18,090	$	11,481	$	5,781	$	17,263	$	30,332	
						
Total Expenditures	$	196,284	$	111,273	$	64,153	$	175,426	$	291,216	

Other Sources/(Uses)
Transfer Out to Capital Reserves	

$	32,846	

$	-	

$	31,855	

$	31,855	

$	29,695	
Subtotal Other Sources/(Uses)	$	348,200	$	193,429	$	139,231	$	332,660	$	445,938	
						
Excess Revenues/(Expenditures)*	$	0	$	134,982	$	(105,287)	$	29,695	$	0	

* Reduced for First Quarter Operating	
Net Assessments	
$416,242	
	Add: Discounts & Collections	$26,569	
	Gross Assessments	$442,811	

Community Development District
General Fund Budget Fiscal Year 2023

REVENUES:

Maintenance Assessments
The District will levy a non-ad valorem special assessment on all taxable property within the District, to fund all General Operating and Maintenance Expenditures for the fiscal year.

Beginning Fund Balance
Represents the total funds estimated to be available at the beginning of the fiscal year.

EXPENDITURES:

Administrative:

Supervisor Fees
The Florida Statutes allows each board member to receive $200 per meeting not to exceed
$4,800 in one year. The amount is based upon 5 Supervisors attending 6 Board Meetings during the fiscal year.

FICA Expense
Represents the Employer's share of Social Security and Medicare taxes withheld from Board of Supervisors checks.

Engineering Fees
The District’s engineer, Dewberry, will be providing general engineering services to the District, i.e., attendance and preparation for monthly Board meetings, review invoices, etc.

Assessment Roll
Expenses related to administering the annual assessments on the tax roll with the Orange County Tax Collector.

Attorney
The District’s legal counsel, KE Law Group, PLLC provides general legal services to the District, i.e., attendance and preparation for monthly meetings, review operating and maintenance contracts, agreements, resolutions, etc.

Annual Audit
The District is required annually to conduct an audit of its financial records by an Independent Certified Public Accounting Firm. Grau & Associates provides this service.

General Fund Budget Fiscal Year 2023

Dissemination Agent
The District is required by the Security and Exchange Commission to comply with Rule 15(c) (2)-12(b) (5), which relates to additional reporting requirements for un-rated bond issues. The District has contracted with Governmental Management Services – Central Florida LLC, the District’s bond underwriter, to provide this service.

Arbitrage
The District is required to annually have an arbitrage rebate calculation on the District’s Series 2013A-1 & 2013 A-2 Special Assessment Revenue Bonds. The District hired Grau & Associates to calculate the rebate liability and submit a report to the District.

Trustee Fees
The District issued Series 2013A-1 & 2013A-2 Special Assessment Refunding Bonds, which are held with a Trustee at US Bank. The amount of the trustee fees is based on the agreement between US Bank and the District.

Management Fees
The District receives Management, Accounting and Administrative services as part of a Management Agreement with Governmental Management Services – Central Florida, LLC. These services include, but are not limited to, advertising, recording and transcribing of Board Meetings, administrative services, budget preparation, financial reporting, and assisting with annual audits.

Information Technology
Represents costs related to the District’s information systems, which include but are not limited to video conferencing services, cloud storage services and servers, security, accounting software, etc. Governmental Management Services – Central Florida, LLC provides these systems.

Website Maintenance
Represents the costs associated with monitoring and maintaining the District’s website created in accordance with Chapter 189, Florida Statutes. These services include site performance assessments, security and firewall maintenance, updates, document uploads, hosting and domain renewals, website backups, etc. Governmental Management Services – Central Florida, LLC provides these services.

Telephone
Telephone and fax machine.

General Fund Budget Fiscal Year 2023

Postage
Mailing of agenda packages, overnight deliveries, checks for vendors and any other required correspondence, etc.

Insurance
The District’s general liability, public officials liability and property insurance coverages is provided by Florida Insurance Alliance (FIA). FIA specializes in providing insurance coverage to governmental agencies.

Printing & Binding
Printing and binding agenda packages for board meetings, printing of computerized checks, stationary, envelopes etc.

Legal Advertising
The District is required to advertise various notices for monthly Board meetings, public hearings, and any services that are required to be advertised for public bidding, i.e. audit services, engineering service, maintenance contracts and any other advertising that may be required.

Other Current Charges
Includes bank charges and any other miscellaneous expenses that are incurred during the year.

Property Appraiser
Represent the Fiscal Year 18 fees to be paid to the Orange County Property Appraiser for annual assessment roll administration.

Office Supplies
The District incurs charges for supplies that need to be purchased during the fiscal year, including copier and printer toner cartridges, paper, file folders, binders, pens, paper clips, and other such office supplies. Governmental Management Services – Central Florida, LLC provides these services.

Dues, Licenses & Subscriptions
The District is required to pay an annual fee to the Department of Economic Opportunity for
$175. This is the only expense under this category for the District.

Contingency
Represents any other miscellaneous charges that the District may incur.

General Fund Budget Fiscal Year 2023

Maintenance:

NonaCrest

Field Management
The District currently has a contract with Governmental Management Services – Central Florida, LLC. to provide field management services.

Landscape Maintenance
The District currently has a contract with Down to Earth, Inc. to provide Landscape Maintenance. These services include mowing, edging, blowing, applying pest and disease control chemicals to sod, mulching once per year, applying fertilizer, and planting annuals.

Vendor: Down To Earth, Inc.	Annual Costs
Landscape Maintenance: Contract Cost of $3,475.41 monthly	$41,705
Total Costs	$41,705

Irrigation Repairs
Irrigation maintenance expenditures that may occur during the fiscal year.

Lake Maintenance
The District currently has a contract with Applied Aquatic Management, Inc., which provide Lake Maintenance to all the lakes inside Narcoossee CDD. These services include monthly inspections and treatment of aquatic weeds and algae, herbiciding, and algae control and removal.

Vendor: Applied Aquatic Management, Inc.	Annual Costs
Landscape Maintenance: Contract Cost of $358 monthly	$4,301
Contingency	$84
Total Costs	$4,385

Wall Repair/Cleaning
The District will incur expenditures to maintain the wall. Includes cleaning and landscaping.

Feature Lighting
Replacement and repair of up light fixtures.

Miscellaneous Common Area
Miscellaneous common area maintenance expenditures that may occur during the fiscal year.

General Fund Budget Fiscal Year 2023

LaVina

Field Management
The District currently has a contract with Governmental Management Services – Central Florida, LLC. to provide field management services.

Landscape Maintenance
The District currently has a contract with Down to Earth, Inc. to provide Landscape Maintenance. These services include mowing, edging, blowing, applying pest and disease control chemicals to sod, mulching once per year, applying fertilizer, and planting annuals.
Vendor: Down To Earth, Inc.	Annual Costs
Landscape Maintenance: Contract Cost of $6,019.08 monthly	$72,229
Total Costs	$72,229

Irrigation Repairs
Irrigation maintenance expenditures that may occur during the fiscal year.

Lake Maintenance
The District currently has a contract with Applied Aquatic Management, Inc., which provide Lake Maintenance to all the lakes inside Narcoossee CDD. These services include monthly inspections and treatment of aquatic weeds and algae, herbiciding, and algae control and removal. The amount also includes unscheduled maintenance.
Vendor: Applied Aquatic Management, Inc.	Annual Costs
Lake Maintenance: Contract Cost of $380 month	$4,553
Contingency	$235
Total Costs	$4,788

Utilities
The District has electrical and water accounts with Orlando Utilities Commission for the areas maintained by the District.

Vendor: Orlando Utilities Commission	Annual Costs
Reclaimed Water - $581/month	$6,970
Electric - $15/month	$180
Total Costs	$7,150

Wall Repairs/Cleaning
Funding for cleaning or needed repairs of La Vina District wall.

General Fund Budget Fiscal Year 2023

Solvino Streetlighting
The District funds the streetlights within the Solvino community.

Vendor: Orlando Utilities Commission	Annual Costs
Electric - $253/month	$3,036

Capri Streetlighting
The District funds the streetlights within the Capri community.

Vendor: Orlando Utilities Commission	Annual Costs
Electric - $359.8/month	$4,318

Miscellaneous Common Area Maintenance
Miscellaneous common area maintenance expenditures that may occur during the fiscal year.

Nona Preserve

Field Management
The District currently has a contract with Governmental Management Services – Central Florida, LLC. to provide field management services.

Landscape Maintenance
The District currently has a contract with Down to Earth, Inc. to provide Landscape Maintenance. These services include mowing, edging, blowing, applying pest and disease control chemicals to sod, mulching once per year, applying fertilizer, and planting annuals.

Vendor: Down To Earth, Inc.	Annual Costs
Landscape Maintenance: Contract Cost of $5,029.83 monthly	$60,358

Irrigation Repairs
Irrigation maintenance expenditures that may occur during the fiscal year.

Lake Maintenance
These services include monthly inspections and treatment of aquatic weeds and algae, herbiciding, and algae control and removal.

Vendor: Applied Aquatic Management, Inc.	Annual Costs
Lake Maintenance: Contract Cost of $357.5 monthly	$4,410

General Fund Budget Fiscal Year 2023

Miscellaneous Common Area Maintenance
Miscellaneous common area maintenance expenditures that may occur during the fiscal year.

Parcel G & H

Field Management
The District currently has a contract with Governmental Management Services – Central Florida, LLC. to provide field management services.

Landscape Maintenance
These services include mowing, edging, blowing, applying pest and disease control chemicals to sod, mulching once per year, applying fertilizer, and planting annuals.)

Vendor: Down To Earth, Inc.	Annual Costs
Landscape Maintenance: Contract Cost of $2,142.42 monthly	$25,709

Lake Maintenance
These services include monthly inspections and treatment of aquatic weeds and algae, herbiciding, and algae control and removal.

Vendor: Applied Aquatic Management, Inc.	Annual Costs
Landscape Maintenance: Contract Cost of $137.8 monthly	$1,654

Transfer Out – Capital Reserve Fund
Represents projected excess funds above operating capital requirements in the General Fund.

Narcoossee
Community Development District
Adopted Budget Maintenance Assessment Calculation

Subdivision

Track

Units

Total Adopted Annual Gross	Adopted Gross	Street Lighting	Gross
Maintenance		Maintenance	 Supplement	Maintenance Per		Increase Per Unit FY22	Per Unit FY23	Assessment		Unit FY23	(Decrease)

O&M

NonaCrest		C	SF50	159	$	276.94	$	349.32	N/A	$	349.32	$	72.38	$	55,542	
		D	SF70		110		$	276.94	$	349.32	N/A	$	349.32	$	72.38	$	38,425	

LaVina	

Mirabella	

A	

SF50	269

107	

$	473.15	

$	544.14	

N/A	

$	544.14	

$	70.99	

$	58,222	
	Ziani	B	SF75	66	$	473.15	$	544.14	N/A	$	544.14	$	70.99	$	35,913	
	Capri	E	SF50	48	$	558.17	$	544.14	$	95.69	$	639.82	$	81.66	$	30,712	
	Solvino	F	SF50		50		$	530.60	$	544.14	$	64.60	$	608.73	$	78.13	$	30,437	
				271							

Lake Nona Preserve	
K	
Multi	
228	
$	254.88	
$	446.91	
N/A	
$	446.91	
$	192.03	
$	101,895	
	G	Comm/Office	130704	$	0.16	$	0.15	N/A	$	0.15	$	(0.01)	$	19,333	
	G	Multi Family	420	$	95.10	$	147.92	N/A	$	147.92	$	52.82	$	62,125	
	H	Comm/Office	69000	$	0.17	$	0.15	N/A	$	0.15	$	(0.02)	$	10,206	
Total Gross Assessments									$442,811	

Adopted Budget Debt Service Fund

	Adopted Budget FY2022	Actual thru 5/31/22	Projected Next
4 Months	Total Projected 9/30/22	Adopted Budget FY2023	

Revenues						
Assessments - Tax Roll	$	317,131	$	283,426	$	33,705	$	317,131	$	317,131	
Interest Income	$	100	$	18	$	18	$	35	$	-	
Carry Forward Surplus	$	211,305	$	221,520	$	-	$	221,520	$	226,450	
Total Revenues	$	528,536	$	504,963	$	33,723	$	538,686	$	543,581	
Expenditures				

Series 2013A-1
Interest - 11/1	

$	39,146	

$	39,146	$	-	

$	39,146	$	36,871	
Principal - 5/1	$	130,000	$	130,000	$	-	$	130,000	$	135,000	
Interest - 5/1	$	39,146	$	39,146	$	-	$	39,146	$	36,871	
Series 2013A-2				
Interest - 11/1	$	24,472	$	24,472	$	-	$	24,472	$	23,063	
Principal - 5/1	$	55,000	$	55,000	$	-	$	55,000	$	55,000	
Interest - 5/1	$	24,472	$	24,472	$	-	$	24,472	$	23,063	
Total Expenditures	$	312,236	$	312,236	$	-	$	312,236	$	309,868	
				
Excess Revenues/(Expenditures)*	$	216,300	$	192,727	$	33,723	$	226,450	$	233,713	
		
Series 2013A-1	
Nov 1, 2023	$34,374	
		Series 2013A-2	Nov 1, 2023 	$21,516 	

* Excess Revenues will be utilized to pay November 1 semi-annual interest payment.

$55,889

Net Assessments	$317,131	
Add: Discounts & Collections	$20,242	
Gross Assessments	$337,373	

Date		Balance	Prinicpal	Interest	Total	
						
11/01/22	$	1,825,000.00	$	-	$	36,871.25	$	206,017.50	
05/01/23	$	1,825,000.00	$	135,000.00	$	36,871.25		
11/01/23	$	1,690,000.00	$	-	$	34,373.75	$	206,245.00	
05/01/24	$	1,690,000.00	$	140,000.00	$	34,373.75		
11/01/24	$	1,550,000.00	$	-	$	31,748.75	$	206,122.50	
05/01/25	$	1,550,000.00	$	145,000.00	$	31,748.75		
11/01/25	$	1,405,000.00	$	-	$	28,921.25	$	205,670.00	
05/01/26	$	1,405,000.00	$	150,000.00	$	28,921.25		
11/01/26	$	1,255,000.00	$	-	$	25,921.25	$	204,842.50	
05/01/27	$	1,255,000.00	$	160,000.00	$	25,921.25		
11/01/27	$	1,095,000.00	$	-	$	22,721.25	$	208,642.50	
05/01/28	$	1,095,000.00	$	165,000.00	$	22,721.25		
11/01/28	$	930,000.00	$	-	$	19,297.50	$	207,018.75	
05/01/29	$	930,000.00	$	170,000.00	$	19,297.50		
11/01/29	$	760,000.00	$	-	$	15,770.00	$	205,067.50	
05/01/30	$	760,000.00	$	180,000.00	$	15,770.00		
11/01/30	$	580,000.00	$	-	$	12,035.00	$	207,805.00	
05/01/31	$	580,000.00	$	185,000.00	$	12,035.00		
11/01/31	$	395,000.00	$	-	$	8,196.25	$	205,231.25	
05/01/32	$	395,000.00	$	195,000.00	$	8,196.25		
11/01/32	$	200,000.00	$	-	$	4,150.00	$	207,346.25	
05/01/33	$	200,000.00	$	200,000.00	$	4,150.00	$	204,150.00	
			$	1,825,000.00	$	480,012.50	$	2,474,158.75	

Date		Balance	Prinicpal	Interest	Total	
						
11/01/22	$	820,000.00	$	-	$	23,062.50	$	102,534.38	
05/01/23	$	820,000.00	$	55,000.00	$	23,062.50		
11/01/23	$	765,000.00	$	-	$	21,515.63	$	99,578.13	
05/01/24	$	765,000.00	$	60,000.00	$	21,515.63		
11/01/24	$	705,000.00	$	-	$	19,828.13	$	101,343.75	
05/01/25	$	705,000.00	$	60,000.00	$	19,828.13		
11/01/25	$	645,000.00	$	-	$	18,140.63	$	97,968.75	
05/01/26	$	645,000.00	$	65,000.00	$	18,140.63		
11/01/26	$	580,000.00	$	-	$	16,312.50	$	99,453.13	
05/01/27	$	580,000.00	$	70,000.00	$	16,312.50		
11/01/27	$	510,000.00	$	-	$	14,343.75	$	100,656.25	
05/01/28	$	510,000.00	$	75,000.00	$	14,343.75		
11/01/28	$	435,000.00	$	-	$	12,234.38	$	101,578.13	
05/01/29	$	435,000.00	$	80,000.00	$	12,234.38		
11/01/29	$	355,000.00	$	-	$	9,984.38	$	102,218.75	
05/01/30	$	355,000.00	$	85,000.00	$	9,984.38		
11/01/30	$	270,000.00	$	-	$	7,593.75	$	102,578.13	
05/01/31	$	270,000.00	$	85,000.00	$	7,593.75		
11/01/31	$	185,000.00	$	-	$	5,203.13	$	97,796.88	
05/01/32	$	185,000.00	$	90,000.00	$	5,203.13		
11/01/32	$	95,000.00	$	-	$	2,671.88	$	97,875.00	
05/01/33	$	95,000.00	$	95,000.00	$	2,671.88	$	97,671.88	
			$	820,000.00	$	301,781.25	$	1,201,253.13	

Debt Assessment Calculation

Subdivision	

Track	

Units	Adopted FY2023
Annual Gross
Debt Per Unit	

Total Debt	
NonaCrest	C	SF50	158	$	301.13	$	47,579	
	D	SF70	110	$	481.81	$	52,999	
LaVina					
	A	SF50	107	$	301.13	$	32,221	
	B	SF75	65	$	566.13	$	36,798	
	E	SF50	48	$	301.13	$	14,454	
	F	SF50	50	$	301.13	$	15,057	
Lake Nona Preserve	K	Multi	228	$	240.91	$	54,927	
	G	Comm/Office	130704	$	0.20	$	26,141	
	G	Multi Family	370	$	117.29	$	43,397	
	H	Comm/Office	69000	$	0.20	$	13,800	

Total Gross Assessment	$	337,373

Adopted
Budget FY2022

Actual
thru 5/31/22

Projected Next
4 Months

Total
Projected 9/30/22

Adopted
Budget FY2023

Revenues

Transfer In	$	5,267	$	-		$	5,267	$	5,267	$	7,440	
Interest	$	-	$		6	$	3	$	9	$	-	
Carry Forward Surplus	$	93,483	$	93,397	$	-	$	93,397	$	88,326	
Total Revenues	$	98,751	$	93,403	$	5,270	$	98,673	$	95,767	

Expenditures						
Capital Projects	$	2,500	$	9,915	$	-	$	9,915	$	2,500	
Contingency	$	-	$	280	$	152	$	432	$	500	
Total Expenditures	$	2,500	$	10,195	$	152	$	10,347	$	3,000	
						
Excess Revenues/(Expenditures)	$	96,251	$	83,208	$	5,118	$	88,326	$	92,767	

Adopted
Budget FY2022

Actual
thru 5/31/22

Projected Next
4 Months

Total
Projected 9/30/22

Adopted
Budget FY2023

Revenues

Transfer In	$	18,666	$	-		$	18,666	$	18,666	$	15,211	
Interest	$	-	$		4	$	2	$	6	$	-	
Carry Forward Surplus	$	54,643	$	67,265	$	-	$	67,265	$	38,275	
Total Revenues	$	73,309	$	67,269	$	18,668	$	85,937	$	53,486	

Expenditures						
Repairs and Maintenance	$	32,000	$	-	$	32,000	$	32,000	$	32,000	
Stormwater Cleanup	$	-	$	15,230	$	-	$	15,230	$	-	
Contingency	$	2,500	$	280	$	152	$	432	$	2,500	
Total Expenditures	$	34,500	$	15,510	$	32,152	$	47,662	$	34,500	
						
Excess Revenues/(Expenditures)	$	38,809	$	51,759	$	(13,484)	$	38,275	$	18,986	

	Adopted
Budget	Actual
thru	Projected
Next	Total
Projected	Adopted
Budget	
	FY2022	5/31/22	4 Months	9/30/22	FY2023	

Revenues						
Transfer In	$	25	$	-	$	25	$	25	$	7,043	
Interest	$	-	$	3	$	2	$	5	$	-	
Carry Forward Surplus	$	45,363	$	46,105	$	-	$	46,105	$	45,703	
Total Revenues	$	45,389	$	46,108	$	27	$	46,135	$	52,747	

Expenditures						
Capital Projects	$	2,500	$	-	$	-	$	-	$	2,500	
Contingency	$	-	$	280	$	152	$	432	$	500	
Total Expenditures	$	2,500	$	280	$	152	$	432	$	3,000	
						
Excess Revenues/(Expenditures)	$	42,889	$	45,828	$	(125)	$	45,703	$	49,747	

Adopted Budget
FY2022

Actual thru
5/31/22

Projected Next
4 Months

Total Projected
9/30/22

Adopted Budget
FY2023

Revenues

Transfer In Interest

$	8,889	$
$	-	$

-	$	7,896	$
5	$	3	$

7,896	$	-
8	$	-

Carry Forward Balance	$	69,436	$	74,177	$	-	$	74,177	$	79,649	
Total Revenues	$	78,325	$	74,182	$	7,899	$	82,081	$	79,649	

Expenditures						
Capital Outlay	$	2,000	$	-	$	2,000	$	2,000	$	2,000	
Contingency	$	-	$	280	$	152	$	432	$	500	
Total Expenditures	$	2,000	$	280	$	2,152	$	2,432	$	2,500	
						
Excess Revenues/(Expenditures)	$	76,325	$	73,902	$	5,747	$	79,649	$	77,149