Towne Park  CDD Proposed FY2018-2019 O&M Budget

YTD Actual Through
03/31/2018

Anticipated 04/2018 -
09/2018

Anticipated FY		FY 2018 2018 Total	Adopted Budget

FY 2019
Proposed Budget

Revenues

Assessments	$	56,146.28	$	128,835.85	$	184,982.13	$	$	88,800.00	
Developer Collections				165,000.00	195,450.00	
Net Revenues	$	56,146.28	$	128,835.85	$	184,982.13	$   165,000.00	$ 284,250.00
Genecal & Adminislcalive Exgeoses
Supervisor Fees	$	1,400.00	$	2,600.00	$	4,000.00	$	4,000.00	$	4,000.00	
D&O Insurance	2,356.00		2,356.00	2,500.00	2,600.00	
Bond Trustee Services	2,788.03	1,211.97	4,000.00	4,000.00	4,000 .00	
Management	12,499 .98	12,500.02	25,000.00	25,000.00	25,000.00	
Engineering		10,000.00	10,000.00	10,000.00	5,000.00	
Dissemination Agent	4,000 .00		4,000.00		4,000 .00	
District Counsel	1,875 .96	23,124.04	25,000.00	25,000.00	15,000.00	
Audit	4,000 .00	1,000.00	5,000.00	5,000.00	6,500.00	
Travel and Per Diem		500.00	500.00	500.00	500.00	
Telephone		200.00	200.00	200.00	200.00	
Postage & Shipping	89.89	60.11	150.00	150.00	150.00	
Copies	61.20	1,438.80	1,500.00	1,500.00	1,500.00	
Legal Advertising	783 .97	4,216.03	5,000.00	5,000.00	3,000.00	
Bank Fees				250.00		
Miscellaneous, Contingency		8,250.00	8,250.00	8,250.00	20,000.00	
Web Site Maintenance	450.00	450.00	900.00	900.00	900.00	
Dues, Licenses, and Fees	175 .00		175 .00	250.00	250.00	
Water	9,477.21	9,500.00	18,977.21		8,000.00	
Pond Maintenance		10 ,000.00	10,000.00	10,000 .00	10,000.00	
General Liab. Insurance	2,946.00		2,946.00	2,500.00	3,250.00	
Property Insurance				5,000.00	12,000.00	
Clubhouse & Pool Maintenance		10,000.00	10,000.00	10,000.00		
Landscaping Maintenance & Material	11,215.12	28,784.88	40,000.00	40,000.00	125,000.00	
TECO Streetlighting
Pop( & Clubhouse		5,000.00	5,000.00	5,000.00		
Maintenance Staff	3,000.00	
Facility Management	3,000.00	
Electric	10,000 .00	
Internet/Phone	1,000 .00	
Facility Repair & Maintenance	2,500 .00	
Pest Control	500.00	
Pool Maintenance & Repairs	8,400.00	
Water	5,000.00	
Total General & Administra tive Expenses	$	54,118.36	$	128,835.85	$	182,954.21	$ 165,000.00	$ 284,250.00	

Total Expenses	l!	
54,118 .36	l!	
1 28,83 5.85	l!	
182,954.21	l!	
1 65,000.00	
250.00	
Income (Loss) from Operations	$	2,027.92	$		$	2,027.92	$		$	

Other Income (Exoense)										
Interest Income	$	1.35	$	1.35	$	$	
Total Other Income (Expense)	$	1.35	$	$	1.35	$	-
$	
 	 -
Net Income (Loss )	$	2,029.27	$	$	2,029.27	$	$