Tradition Community Development Districts #1-10

Final Budget For Fiscal Year 2019/2020
October 1, 2019 - September 30, 2020

CONTENTS

3-4	FINAL BUDGET-RECAP CDD1-10
5-6	FINAL BUDGET-CDD 1
7-8	FINAL BUDGET-CDD 2
9-10	FINAL BUDGET-CDD 3
11-12  FINAL BUDGET-CDD 4
13-14  FINAL BUDGET-CDD 5
15-16  FINAL BUDGET-CDD 6
FINAL BUDGET-CDD 7
FINAL BUDGET-CDD 8
FINAL BUDGET-CDD 9
FINAL BUDGET-CDD 10
FINAL DEBT SERVICE SERIES 2014 BOND
ASSESSMENT RECAP
FINAL BUDGET- IRRIGATION
FINAL DEBT SERVICE IRRIGATION SERIES 2017 BOND
PROPOSED vs FINAL BUDGET COMPARISON

 	CDD 1	CDD 2		 	CDD 3		 	CDD 4		 	CDD 5		 	CDD 6		 	CDD 7		 	CDD 8		 	CDD 9		 	CDD 10		 	TOTAL		
REVENUES													
ON-ROLL ASSESSMENTS - Debt	56,209	380,767	981,602	980,829	972,037	922,871	177,376	0	0	0	4,471,692	
ON-ROLL ASSESSMENTS - ADMIN & MAINT	30,280	110,861	258,588	258,274	255,567	243,355	92,398	40,763	31,122	82,435	1,403,641	
STORMWATER	8,296	56,199	144,880	144,766	143,468	136,211	26,180	0	0	0	660,000	
CARRY OVER FUNDS FROM PRIOR YEAR		 	2,687	 	18,201	 	46,921	 	46,884	 	46,464	 	44,114	 	8,479	 	0	 	0	 	0	 	213,750	
Total Revenues		  $	97,472	  $	566,029	  $	1,431,991	  $	1,430,753	  $	1,417,535	  $	1,346,551	  $	304,433	  $	40,763	  $	31,122	  $	82,435	  $	6,749,083	

EXPENDITURES - ADMIN													
AUDIT 1	6,500	5,500	5,500	5,500	5,500	5,500	5,500	5,000	5,000	5,500	55,000	
BANK FEES	8	57	147	147	146	138	27	0	0	0	670	
DISSEMINATION AGENT 2	13	85	220	219	217	206	40	0	0	0	1,000	
DISTRICT COUNSEL	369	2,503	6,452	6,447	6,389	6,066	8,250	5,563	3,470	14,490	60,000	
MANAGEMENT	616	4,171	10,753	10,745	10,649	10,110	13,751	9,271	5,783	24,151	100,000	
DUES, LICENSES & FEES 1	175	175	175	175	175	175	175	175	175	175	1,750	
ENGINEERING	185	1,251	3,226	3,223	3,195	3,033	4,125	2,781	1,735	7,245	30,000	
IMPACT FEE ADMINISTRATION	154	1,043	2,688	2,686	2,662	2,528	3,438	2,318	1,446	6,038	25,000	
GENERAL INSURANCE 1	7,581	8,511	7,050	6,938	6,457	6,463	8,000	8,000	8,000	8,000	75,000	
WEB SITE MAINTENANCE 1	750	750	750	750	750	750	750	750	750	750	7,500	
LEGAL ADVERTISING	40	271	699	698	692	657	894	603	376	1,570	6,500	
MISCELLANEOUS	2	13	32	32	32	30	41	28	17	72	300	
MEETING ROOM	20	138	355	355	351	334	454	306	191	797	3,300	
TRAVEL AND PER DIEM	50	341	878	877	870	826	159	0	0	0	4,000	
OFFICE SUPPLIES	1	4	11	11	11	10	14	9	6	24	100	
POSTAGE & SHIPPING	6	42	108	107	106	101	138	93	58	242	1,000	
COPIES	31	209	538	537	532	506	688	464	289	1,208	5,000	
SUPERVISOR FEES	815	5,518	14,225	14,213	14,086	13,373	2,570	0	0	0	64,800	
TELEPHONE	0	0	0	0	0	0	0	0	0	0	0	
TRUSTEE SERVICES 2	151	1,022	2,634	2,632	2,609	2,477	476	0	0	0	12,000	
OFFICE RENT	142	964	2,484	2,482	2,460	2,335	3,176	2,142	1,336	5,579	23,100	
CONTINGENCY - ADMIN	0	0	0	0	0	0	0	0	0	0	0	
TOTAL ADMINISTRATIVE EXPENSES	17,609	32,566	58,924	58,777	57,888	55,618	52,664	37,502	28,632	75,840	476,020	

 	CDD 1	CDD 2		 	CDD 3		 	CDD 4		 	CDD 5		 	CDD 6		 	CDD 7		 	CDD 8		 	CDD 9		 	CDD 10		 	TOTAL		
EXPENDITURES  - MAINTENANCE																								
LAKE MAINTENANCE		1,792		12,141		31,298		31,274		30,993		29,426		5,656		0		0		0		142,580	
BUILDING, BRIDGE, MONUMENT MAINTENANCE		566		3,832		9,878		9,870		9,782		9,287		1,785		0		0		0		45,000	
CONTINGENCY - MAINTENANCE		377		2,555		6,585		6,580		6,521		6,191		1,190		0		0		0		30,000	
COMMUNITY AREA MAINTENANCE		629		4,258		10,976		10,967		10,869		10,319		1,983		0		0		0		50,000	
LAKE PORTER SERVICE		0		0		0		0		0		0		0		0		0		0		0	
PAINTING		63		426		1,098		1,097		1,087		1,032		198		0		0		0		5,000	
FENCE MAINTENANCE		126		852		2,195		2,193		2,174		2,064		397		0		0		0		10,000	
ELECTRIC		754		5,109		13,171		13,161		13,043		12,383		2,380		0		0		0		60,000	
ENGINEERING		377		2,555		6,585		6,580		6,521		6,191		1,190		0		0		0		30,000	
FIELD MANAGEMENT		2,325		15,753		40,610		40,578		40,214		38,180		7,338		0		0		0		185,000	
FOUNTAIN MAINTENANCE & CHEMICALS		503		3,406		8,781		8,774		8,695		8,255		1,587		0		0		0		40,000	
LANDSCAPING MAINTENANCE & MATERIALS		8,334		56,455		145,538		145,424		144,120		136,830		26,299		0		0		0		663,000	
IRRIGATION		1,823		12,347		31,830		31,805		31,519		29,925		5,752		0		0		0		145,000	
IRRIGATION PARTS & REPAIRS		817		5,535		14,268		14,257		14,129		13,415		2,578		0		0		0		65,000	
PEST CONTROL		44		298		768		768		761		722		139		0		0		0		3,500	
ROAD REPAIR		0		0		0		0		0		0		0		0		0		0		0	
SECURITY		629		4,258		10,976		10,967		10,869		10,319		1,983		0		0		0		50,000	
SIDEWALK CLEANING		251		1,703		4,390		4,387		4,348		4,128		793		0		0		0		20,000	
SIDEWALK REPAIR		126		852		2,195		2,193		2,174		2,064		397		0		0		0		10,000	
SIGNAGE		126		852		2,195		2,193		2,174		2,064		397		0		0		0		10,000	
STREETLIGHTS		314		2,129		5,488		5,484		5,434		5,160		992		0		0		0		25,000	
STORMWATER MANAGEMENT		75		511		1,317		1,316		1,304		1,238		238		0		0		0		6,000	
TREE/PLANT REPLACEMENT & TRIM		1,131		7,664		19,756		19,741		19,564		18,574		3,570		0		0		0		90,000	
WETLAND UPLAND MAINTENANCE		50		341		878		877		870		826		159		0		0		0		4,000	
TOTAL MAINTENANCE EXPENSES		21,232		143,826		370,778		370,486		367,165		348,593		67,000		0		0		0		1,689,080	
																							
Total Expenditures			  $	38,840		  $	176,392		  $	429,702		  $	429,262		  $	425,053		  $	404,211		  $	119,664		  $	37,502		  $	28,632		  $	75,840		  $	2,165,100	
EXCESS / (SHORTFALL)			  $	58,632		  $	389,636		  $	1,002,289		  $	1,001,491		  $	992,482		  $	942,339		  $	184,768		   $	3,261		   $	2,490		   $	6,595		  $	4,583,983	

PAYMENTS TO TRUSTEE		
(51,712)		
(350,306)		
(903,074)		
(902,363)		
(894,274)		
(849,041)		
(163,186)		
0		
0		
0		
(4,113,956)	
BALANCE			  $	6,919		  $	39,330		  $	99,215		  $	99,128		  $	98,208		  $	93,298		  $	21,582		  $	3,261		  $	2,490		  $	6,595		  $	470,027	

COUNTY APPRAISER & TAX COLLECTOR FEE		
(3,460)		
(19,665)		
(49,608)		
(49,564)		
(49,104)		
(46,649)		
(10,791)		
(1,631)		
(1,245)		
(3,297)		
(235,013)	
DISCOUNTS FOR EARLY PAYMENTS		(3,460)		(19,665)		(49,608)		(49,564)		(49,104)		(46,649)		(10,791)		(1,631)		(1,245)		(3,297)		(235,013)	
NET EXCESS / (SHORTFALL)			  $	-			  $	-			  $	-			  $	-			  $	-			  $	-			  $	-			  $	-			  $	-			  $	-			  $	-		
1 - District Specific Expense 2 - Pertains only to 2003 Area																							

OCTOBER 1, 2019 - SEPTEMBER 30, 2020
FISCAL YEAR	FISCAL YEAR 2018/2019	2019/2020
 	ANNUAL BUDGET		 	ANNUAL BUDGET	

REVENUES		
O & M ASSESSMENTS - ADMIN & MAINT			30,679			30,280	
DEBT ASSESSMENTS			53,937			56,209	
INTEREST INCOME			0			0	
STORMWATER			8,296			8,296	
FUND CARRY FORWARD			3,771			2,687	
Total Revenues		$	96,684		$	97,472	

EXPENDITURES - ADMIN			
AUDIT	6,500	6,500	
BANK FEES	8	8	
DISSEMINATION AGENT	75	13	
DISTRICT COUNSEL	369	369	
MANAGEMENT	831	616	
DUES, LICENSES, FEES	175	175	
ENGINEERING	185	185	
IMPACT FEE ADMINISTRATION	154	154	
GENERAL INSURANCE	7,581	7,581	
WEBSITE	1,673	750	
LEGAL ADVERTISING	40	40	
MISCELLANEOUS	2	2	
MEETING ROOM	6	20	
TRAVEL AND PER DIEM	50	50	
OFFICE SUPPLIES	1	1	
POSTAGE AND SHIPPING	6	6	
COPIES	31	31	
SUPERVISOR FEES	815	815	
TELEPHONE	0	0	
TRUSTEE SERVICES	151	151	
OFFICE RENT	0	142	
CONTINGENCY - ADMIN	0	0	
TOTAL ADMIN EXPENSES	18,653	17,609	

EXPENDITURES - MAINT

OCTOBER 1, 2019 - SEPTEMBER 30, 2020

LAKE MAINTENANCE			1,582			1,792	
BUILDING, BRIDGE, MONUMENT MAINT.			566			566	
CONTINGENCY - MAINT.			377			377	
COMMUNITY AREA MAINTENANCE			1,328			629	
LAKE PORTER SERVICE			0			0	
PAINTING			63			63	
FENCE MAINTENANCE			126			126	
ELECTRIC			754			754	
ENGINEERING - MAINT.			377			377	
FIELD MANAGEMENT			4,588			2,325	
FOUNTAIN MAINTENANCE			503			503	
LANDSCAPING MAINTENANCE & MATERIALS			6,411			8,334	
IRRIGATION			1,823			1,823	
IRRIGATION PARTS & REPAIR			817			817	
PEST CONTROL			44			44	
ROAD REPAIR			82			0	
ROAD CLEANING			0			0	
SECURITY			629			629	
SIDEWALK CLEANING			251			251	
SIDEWALK REPAIR			126			126	
SIGNAGE			126			126	
STREETLIGHTS			314			314	
STORMWATER MANAGEMENT			75			75	
TREE/PLANT REPLACEMENT & TRIM			629			1,131	
WETLAND UPLAND MAINTENANCE			50			50	
TOTAL MAINTENANCE EXPENSES			21,639			21,232	
							
Total Expenditures		$	40,292		$	38,840	
							
EXCESS / (SHORTFALL)		$	56,392		$	58,632	

PAYMENT TO TRUSTEE			
(49,622)			
(51,712)	
BALANCE		$	6,770		$	6,919	

COUNTY APPRAISER & TAX COLLECTOR FEE			
(3,385)			
(3,460)	
DISCOUNTS FOR EARLY PAYMENTS			(3,385)			(3,460)	
NET EXCESS / (SHORTFALL)		$	-		$	-	

OCTOBER 1, 2019 - SEPTEMBER 30, 2020
FISCAL YEAR	FISCAL YEAR 2018/2019	2019/2020
 	ANNUAL BUDGET		 	ANNUAL BUDGET	

REVENUES							
O & M ASSESSMENTS - ADMIN & MAINT			107,775			110,861	
DEBT ASSESSMENTS			365,378			380,767	
INTEREST INCOME			0			0	
STORMWATER			56,199			56,199	
FUND CARRY FORWARD			25,545			18,201	
Total Revenues		$	554,898		$	566,029	

EXPENDITURES - ADMIN			
AUDIT	5,500	5,500	
BANK FEES	57	57	
DISSEMINATION AGENT	511	85	
DISTRICT COUNSEL	2,503	2,503	
MANAGEMENT	5,631	4,171	
DUES, LICENSES, FEES	175	175	
ENGINEERING	1,251	1,251	
IMPACT FEE ADMINISTRATION	1,043	1,043	
GENERAL INSURANCE	8,511	8,511	
WEBSITE	1,673	750	
LEGAL ADVERTISING	271	271	
MISCELLANEOUS	13	13	
MEETING ROOM	38	138	
TRAVEL AND PER DIEM	341	341	
OFFICE SUPPLIES	4	4	
POSTAGE AND SHIPPING	42	42	
COPIES	209	209	
SUPERVISOR FEES	5,518	5,518	
TELEPHONE	0	0	
TRUSTEE SERVICES	1,022	1,022	
OFFICE RENT	0	964	
CONTINGENCY - ADMIN	0	0	
TOTAL ADMIN EXPENSES	34,311	32,566	

EXPENDITURES - MAINT

OCTOBER 1, 2019 - SEPTEMBER 30, 2020

LAKE MAINTENANCE			10,719			12,141	
BUILDING, BRIDGE, MONUMENT MAINT.			3,832			3,832	
CONTINGENCY - MAINT			2,555			2,555	
COMMUNITY AREA MAINTENANCE			8,994			4,258	
LAKE PORTER SERVICE			0			0	
PAINTING			426			426	
FENCE MAINTENANCE			852			852	
ELECTRIC			5,109			5,109	
ENGINEERING - MAINT.			2,555			2,555	
FIELD MANAGEMENT			31,080			15,753	
FOUNTAIN MAINTENANCE			3,406			3,406	
LANDSCAPING MAINTENANCE & MATERIALS			43,427			56,455	
IRRIGATION			12,347			12,347	
IRRIGATION PARTS & REPAIR			5,535			5,535	
PEST CONTROL			298			298	
ROAD REPAIR			553			0	
ROAD CLEANING			0			0	
SECURITY			4,258			4,258	
SIDEWALK CLEANING			1,703			1,703	
SIDEWALK REPAIR			852			852	
SIGNAGE			852			852	
STREETLIGHTS			2,129			2,129	
STORMWATER MANAGEMENT			511			511	
TREE/PLANT REPLACEMENT & TRIM			4,258			7,664	
WETLAND UPLAND MAINTENANCE			341			341	
TOTAL MAINTENANCE EXPENSES			146,587			143,826	
							
Total Expenditures		$	180,898		$	176,392	
							
EXCESS / (SHORTFALL)		$	374,000		$	389,636	

PAYMENT TO TRUSTEE			
(336,148)			
(350,306)	
BALANCE		$	37,852		$	39,330	

COUNTY APPRAISER & TAX COLLECTOR FEE			
(18,926)			
(19,665)	
DISCOUNTS FOR EARLY PAYMENTS			(18,926)			(19,665)	
NET EXCESS / (SHORTFALL)		$	-		$	-	

OCTOBER 1, 2019 - SEPTEMBER 30, 2020
FISCAL YEAR	FISCAL YEAR 2018/2019	2019/2020
 	ANNUAL BUDGET		 	ANNUAL BUDGET	

REVENUES							
O & M ASSESSMENTS - ADMIN & MAINT			249,051			258,588	
DEBT ASSESSMENTS			941,929			981,602	
INTEREST INCOME			0			0	
STORMWATER			144,880			144,880	
FUND CARRY FORWARD			65,854			46,921	
Total Revenues		$	1,401,714		$	1,431,991	

EXPENDITURES - ADMIN			
AUDIT	5,500	5,500	
BANK FEES	147	147	
DISSEMINATION AGENT	1,317	220	
DISTRICT COUNSEL	6,452	6,452	
MANAGEMENT	14,517	10,753	
DUES, LICENSES, FEES	175	175	
ENGINEERING	3,226	3,226	
IMPACT FEE ADMINISTRATION	2,688	2,688	
GENERAL INSURANCE	7,050	7,050	
WEBSITE	1,673	750	
LEGAL ADVERTISING	699	699	
MISCELLANEOUS	32	32	
MEETING ROOM	97	355	
TRAVEL AND PER DIEM	878	878	
OFFICE SUPPLIES	11	11	
POSTAGE AND SHIPPING	108	108	
COPIES	538	538	
SUPERVISOR FEES	14,225	14,225	
TELEPHONE	0	0	
TRUSTEE SERVICES	2,634	2,634	
OFFICE RENT	0	2,484	
CONTINGENCY - ADMIN	0	0	
TOTAL ADMIN EXPENSES	61,966	58,924	

EXPENDITURES - MAINT

OCTOBER 1, 2019 - SEPTEMBER 30, 2020

LAKE MAINTENANCE			27,633		31,298	
BUILDING, BRIDGE, MONUMENT MAINT.			9,878		9,878	
CONTINGENCY - MAINT			6,585		6,585	
COMMUNITY AREA MAINTENANCE			23,185		10,976	
LAKE PORTER SERVICE			0		0	
PAINTING			1,098		1,098	
FENCE MAINTENANCE			2,195		2,195	
ELECTRIC			13,171		13,171	
ENGINEERING - MAINT.			6,585		6,585	
FIELD MANAGEMENT			80,123		40,610	
FOUNTAIN MAINTENANCE			8,781		8,781	
LANDSCAPING MAINTENANCE & MATERIALS			111,953		145,538	
IRRIGATION			31,830		31,830	
IRRIGATION PARTS & REPAIR			14,268		14,268	
PEST CONTROL			768		768	
ROAD REPAIR			1,427		0	
ROAD CLEANING			0		0	
SECURITY			10,976		10,976	
SIDEWALK CLEANING			4,390		4,390	
SIDEWALK REPAIR			2,195		2,195	
SIGNAGE			2,195		2,195	
STREETLIGHTS			5,488		5,488	
STORMWATER MANAGEMENT			1,317		1,317	
TREE/PLANT REPLACEMENT & TRIM			10,976		19,756	
WETLAND UPLAND MAINTENANCE			878		878	
TOTAL MAINTENANCE EXPENSES			377,895		370,778	
						
Total Expenditures		$	439,861		$	429,702	
						
EXCESS / (SHORTFALL)		$	961,853		$	1,002,289	

PAYMENT TO TRUSTEE			
(866,575)		
(903,074)	
BALANCE		$	95,278		$	99,215	

COUNTY APPRAISER & TAX COLLECTOR FEE			
(47,639)		
(49,608)	
DISCOUNTS FOR EARLY PAYMENTS			(47,639)		(49,608)	
NET EXCESS / (SHORTFALL)		$	-		$	-	

OCTOBER 1, 2019 - SEPTEMBER 30, 2020
FISCAL YEAR	FISCAL YEAR 2018/2019	2019/2020
 	ANNUAL BUDGET		 	ANNUAL BUDGET	

REVENUES		
O & M ASSESSMENTS - ADMIN & MAINT			248,745			258,274	
DEBT ASSESSMENTS			941,187			980,829	
INTEREST INCOME			0			0	
STORMWATER			144,766			144,766	
FUND CARRY FORWARD			65,803			46,884	
Total Revenues		$	1,400,500		$	1,430,753	

EXPENDITURES - ADMIN			
AUDIT	5,500	5,500	
BANK FEES	147	147	
DISSEMINATION AGENT	1,316	219	
DISTRICT COUNSEL	6,447	6,447	
MANAGEMENT	14,506	10,745	
DUES, LICENSES, FEES	175	175	
ENGINEERING	3,223	3,223	
IMPACT FEE ADMINISTRATION	2,686	2,686	
GENERAL INSURANCE	6,938	6,938	
WEBSITE	1,673	750	
LEGAL ADVERTISING	698	698	
MISCELLANEOUS	32	32	
MEETING ROOM	97	355	
TRAVEL AND PER DIEM	877	877	
OFFICE SUPPLIES	11	11	
POSTAGE AND SHIPPING	107	107	
COPIES	537	537	
SUPERVISOR FEES	14,213	14,213	
TELEPHONE	0	0	
TRUSTEE SERVICES	2,632	2,632	
OFFICE RENT	0	2,482	
CONTINGENCY - ADMIN	0	0	
TOTAL ADMIN EXPENSES	61,817	58,777	

EXPENDITURES - MAINT

OCTOBER 1, 2019 - SEPTEMBER 30, 2020

LAKE MAINTENANCE			27,611		31,274	
BUILDING, BRIDGE, MONUMENT MAINT.			9,870		9,870	
CONTINGENCY - MAINT			6,580		6,580	
COMMUNITY AREA MAINTENANCE			23,167		10,967	
LAKE PORTER SERVICE			0		0	
PAINTING			1,097		1,097	
FENCE MAINTENANCE			2,193		2,193	
ELECTRIC			13,161		13,161	
ENGINEERING - MAINT.			6,580		6,580	
FIELD MANAGEMENT			80,060		40,578	
FOUNTAIN MAINTENANCE			8,774		8,774	
LANDSCAPING MAINTENANCE & MATERIALS			111,864		145,424	
IRRIGATION			31,805		31,805	
IRRIGATION PARTS & REPAIR			14,257		14,257	
PEST CONTROL			768		768	
ROAD REPAIR			1,426		0	
ROAD CLEANING			0		0	
SECURITY			10,967		10,967	
SIDEWALK CLEANING			4,387		4,387	
SIDEWALK REPAIR			2,193		2,193	
SIGNAGE			2,193		2,193	
STREETLIGHTS			5,484		5,484	
STORMWATER MANAGEMENT			1,316		1,316	
TREE/PLANT REPLACEMENT & TRIM			10,967		19,741	
WETLAND UPLAND MAINTENANCE			877		877	
TOTAL MAINTENANCE EXPENSES			377,597		370,486	
						
Total Expenditures		$	439,414		$	429,262	
						
EXCESS / (SHORTFALL)		$	961,086		$	1,001,491	

PAYMENT TO TRUSTEE			
(865,892)		
(902,363)	
BALANCE		$	95,194		$	99,128	

COUNTY APPRAISER & TAX COLLECTOR FEE			
(47,597)		
(49,564)	
DISCOUNTS FOR EARLY PAYMENTS			(47,597)		(49,564)	
NET EXCESS / (SHORTFALL)		$	-		$	-	

OCTOBER 1, 2019 - SEPTEMBER 30, 2020
FISCAL YEAR	FISCAL YEAR 2018/2019	2019/2020
 	ANNUAL BUDGET		 	ANNUAL BUDGET	

REVENUES		
O & M ASSESSMENTS - ADMIN & MAINT			246,132			255,567	
DEBT ASSESSMENTS			932,750			972,037	
INTEREST INCOME			0			0	
STORMWATER			143,468			143,468	
FUND CARRY FORWARD			65,213			46,464	
Total Revenues		$	1,387,563		$	1,417,535	

EXPENDITURES - ADMIN			
AUDIT	5,500	5,500	
BANK FEES	146	146	
DISSEMINATION AGENT	1,304	217	
DISTRICT COUNSEL	6,389	6,389	
MANAGEMENT	14,376	10,649	
DUES, LICENSES, FEES	175	175	
ENGINEERING	3,195	3,195	
IMPACT FEE ADMINISTRATION	2,662	2,662	
GENERAL INSURANCE	6,457	6,457	
WEBSITE	1,673	750	
LEGAL ADVERTISING	692	692	
MISCELLANEOUS	32	32	
MEETING ROOM	96	351	
TRAVEL AND PER DIEM	870	870	
OFFICE SUPPLIES	11	11	
POSTAGE AND SHIPPING	106	106	
COPIES	532	532	
SUPERVISOR FEES	14,086	14,086	
TELEPHONE	0	0	
TRUSTEE SERVICES	2,609	2,609	
OFFICE RENT	0	2,460	
CONTINGENCY - ADMIN	0	0	
TOTAL ADMIN EXPENSES	60,910	57,888	

EXPENDITURES - MAINT

OCTOBER 1, 2019 - SEPTEMBER 30, 2020

LAKE MAINTENANCE			27,363			30,993	
BUILDING, BRIDGE, MONUMENT MAINT.			9,782			9,782	
CONTINGENCY - MAINT			6,521			6,521	
COMMUNITY AREA MAINTENANCE			22,959			10,869	
LAKE PORTER SERVICE			0			0	
PAINTING			1,087			1,087	
FENCE MAINTENANCE			2,174			2,174	
ELECTRIC			13,043			13,043	
ENGINEERING - MAINT.			6,521			6,521	
FIELD MANAGEMENT			79,342			40,214	
FOUNTAIN MAINTENANCE			8,695			8,695	
LANDSCAPING MAINTENANCE & MATERIALS			110,862			144,120	
IRRIGATION			31,519			31,519	
IRRIGATION PARTS & REPAIR			14,129			14,129	
PEST CONTROL			761			761	
ROAD REPAIR			1,413			0	
ROAD CLEANING			0			0	
SECURITY			10,869			10,869	
SIDEWALK CLEANING			4,348			4,348	
SIDEWALK REPAIR			2,174			2,174	
SIGNAGE			2,174			2,174	
STREETLIGHTS			5,434			5,434	
STORMWATER MANAGEMENT			1,304			1,304	
TREE/PLANT REPLACEMENT & TRIM			10,869			19,564	
WETLAND UPLAND MAINTENANCE			870			870	
TOTAL MAINTENANCE EXPENSES			374,212			367,165	
							
Total Expenditures		$	435,122		$	425,053	
							
EXCESS / (SHORTFALL)		$	952,440		$	992,482	

PAYMENT TO TRUSTEE			
(858,130)			
(894,274)	
BALANCE		$	94,310		$	98,208	

COUNTY APPRAISER & TAX COLLECTOR FEE			
(47,155)			
(49,104)	
DISCOUNTS FOR EARLY PAYMENTS			(47,155)			(49,104)	
NET EXCESS / (SHORTFALL)		$	-		$	-	

OCTOBER 1, 2019 - SEPTEMBER 30, 2020
FISCAL YEAR	FISCAL YEAR 2018/2019	2019/2020
 	ANNUAL BUDGET		 	ANNUAL BUDGET	

REVENUES							
O & M ASSESSMENTS - ADMIN & MAINT			235,476			243,355	
DEBT ASSESSMENTS			885,572			922,871	
INTEREST INCOME			0			0	
STORMWATER			136,211			136,211	
FUND CARRY FORWARD			61,914			44,114	
Total Revenues		$	1,319,174		$	1,346,551	

EXPENDITURES - ADMIN			
AUDIT	5,500	5,500	
BANK FEES	138	138	
DISSEMINATION AGENT	1,238	206	
DISTRICT COUNSEL	6,066	6,066	
MANAGEMENT	13,649	10,110	
DUES, LICENSES, FEES	175	175	
ENGINEERING	3,033	3,033	
IMPACT FEE ADMINISTRATION	2,528	2,528	
GENERAL INSURANCE	6,463	6,463	
WEBSITE	2,619	750	
LEGAL ADVERTISING	657	657	
MISCELLANEOUS	30	30	
MEETING ROOM	91	334	
TRAVEL AND PER DIEM	826	826	
OFFICE SUPPLIES	10	10	
POSTAGE AND SHIPPING	101	101	
COPIES	506	506	
SUPERVISOR FEES	13,373	13,373	
TELEPHONE	0	0	
TRUSTEE SERVICES	2,477	2,477	
OFFICE RENT	0	2,335	
CONTINGENCY - ADMIN	0	0	
TOTAL ADMIN EXPENSES	59,478	55,618	

EXPENDITURES - MAINT

OCTOBER 1, 2019 - SEPTEMBER 30, 2020

LAKE MAINTENANCE			25,979			29,426	
BUILDING, BRIDGE, MONUMENT MAINT.			9,287			9,287	
CONTINGENCY - MAINT			6,191			6,191	
COMMUNITY AREA MAINTENANCE			21,798			10,319	
LAKE PORTER SERVICE			0			0	
PAINTING			1,032			1,032	
FENCE MAINTENANCE			2,064			2,064	
ELECTRIC			12,383			12,383	
ENGINEERING - MAINT.			6,191			6,191	
FIELD MANAGEMENT			75,329			38,180	
FOUNTAIN MAINTENANCE			8,255			8,255	
LANDSCAPING MAINTENANCE & MATERIALS			105,254			136,830	
IRRIGATION			29,925			29,925	
IRRIGATION PARTS & REPAIR			13,415			13,415	
PEST CONTROL			722			722	
ROAD REPAIR			1,341			0	
SECURITY			10,319			10,319	
SIDEWALK CLEANING			4,128			4,128	
SIDEWALK REPAIR			2,064			2,064	
SIGNAGE			2,064			2,064	
STREETLIGHTS			5,160			5,160	
STORMWATER MANAGEMENT			1,238			1,238	
TREE/PLANT REPLACEMENT & TRIM			10,319			18,574	
WETLAND UPLAND MAINTENANCE			829			826	
TOTAL MAINTENANCE EXPENSES			355,287			348,593	
							
Total Expenditures		$	414,764		$	404,211	
							
EXCESS / (SHORTFALL)		$	904,410		$	942,339	

PAYMENT TO TRUSTEE			
(814,726)			
(849,041)	
BALANCE		$	89,684		$	93,298	

COUNTY APPRAISER & TAX COLLECTOR FEE			
(44,842)			
(46,649)	
DISCOUNTS FOR EARLY PAYMENTS			(44,842)			(46,649)	
NET EXCESS / (SHORTFALL)		$	-		$	-	

OCTOBER 1, 2019 - SEPTEMBER 30, 2020
FISCAL YEAR	FISCAL YEAR 2018/2019	2019/2020
 	ANNUAL BUDGET		 	ANNUAL BUDGET	

REVENUES							
O & M ASSESSMENTS - ADMIN & MAINT			91,988			92,398	
DEBT ASSESSMENTS			170,208			177,376	
INTEREST INCOME			0			0	
STORMWATER			26,180			26,180	
FUND CARRY FORWARD			11,900			8,479	
Total Revenues		$	300,276		$	304,433	

EXPENDITURES - ADMIN			
AUDIT	5,500	5,500	
BANK FEES	27	27	
DISSEMINATION AGENT	238	40	
DISTRICT COUNSEL	8,250	8,250	
MANAGEMENT	18,563	13,751	
DUES, LICENSES, FEES	175	175	
ENGINEERING	4,125	4,125	
IMPACT FEE ADMINISTRATION	3,438	3,438	
GENERAL INSURANCE	8,000	8,000	
WEBSITE	1,004	750	
LEGAL ADVERTISING	894	894	
MISCELLANEOUS	41	41	
MEETING ROOM	124	454	
TRAVEL AND PER DIEM	159	159	
OFFICE SUPPLIES	14	14	
POSTAGE AND SHIPPING	138	138	
COPIES	688	688	
SUPERVISOR FEES	2,570	2,570	
TELEPHONE	0	0	
TRUSTEE SERVICES	476	476	
OFFICE RENT	0	3,176	
CONTINGENCY - ADMIN	0	0	
TOTAL ADMIN EXPENSES	54,423	52,664	

EXPENDITURES - MAINT

OCTOBER 1, 2019 - SEPTEMBER 30, 2020

LAKE MAINTENANCE			4,993			5,656	
BUILDING, BRIDGE, MONUMENT MAINT.			1,785			1,785	
CONTINGENCY - MAINT			1,190			1,190	
COMMUNITY AREA MAINTENANCE			4,190			1,983	
LAKE PORTER SERVICE			0			0	
PAINTING			198			198	
FENCE MAINTENANCE			397			397	
ELECTRIC			2,380			2,380	
ENGINEERING - MAINT.			1,190			1,190	
FIELD MANAGEMENT			14,478			7,338	
FOUNTAIN MAINTENANCE			1,587			1,587	
LANDSCAPING MAINTENANCE & MATERIALS			20,230			26,299	
IRRIGATION			5,752			5,752	
IRRIGATION PARTS & REPAIR			2,578			2,578	
PEST CONTROL			139			139	
ROAD REPAIR			258			0	
ROAD CLEANING			0			0	
SECURITY			1,983			1,983	
SIDEWALK CLEANING			793			793	
SIDEWALK REPAIR			397			397	
SIGNAGE			397			397	
STREETLIGHTS			992			992	
STORMWATER MANAGEMENT			238			238	
TREE/PLANT REPLACEMENT & TRIM			1,983			3,570	
WETLAND UPLAND MAINTENANCE			159			159	
TOTAL MAINTENANCE EXPENSES			68,286			67,000	
							
Total Expenditures		$	122,709		$	119,664	
							
EXCESS / (SHORTFALL)		$	177,567		$	184,768	

PAYMENT TO TRUSTEE			
(156,591)			
(163,186)	
BALANCE		$	20,976		$	21,582	

COUNTY APPRAISER & TAX COLLECTOR FEE			
(10,488)			
(10,791)	
DISCOUNTS FOR EARLY PAYMENTS			(10,488)			(10,791)	
NET EXCESS / (SHORTFALL)		$	-		$	-	

	FISCAL YEAR		FISCAL YEAR	
	2018/2019		2019/2020	
	 	ANNUAL BUDGET			 	ANNUAL BUDGET		
REVENUES	
O & M ASSESSMENTS - ADMIN		
33,300		
40,763	
DEBT ASSESSMENTS		0		0	
INTEREST INCOME		0		0	
STORMWATER		0		0	
FUND CARRY FORWARD		0		0	
Total Revenues		$	33,300		$	40,763	

EXPENDITURES	
AUDIT		

5,000		

5,000	
BANK FEES		0		0	
DISSEMINATION AGENT		0		0	
DISTRICT COUNSEL		5,563		5,563	
MANAGEMENT		12,516		9,271	
DUES, LICENSES, FEES		175		175	
ENGINEERING		2,781		2,781	
IMPACT FEE ADMINISTRATION		2,318		2,318	
GENERAL INSURANCE		0		8,000	
WEBSITE		1,004		750	
LEGAL ADVERTISING		603		603	
MISCELLANEOUS		28		28	
MEETING ROOM		83		306	
TRAVEL AND PER DIEM		0		0	
OFFICE SUPPLIES		9		9	
POSTAGE AND SHIPPING		93		93	
COPIES		464		464	
SUPERVISOR FEES		0		0	
TELEPHONE		0		0	
TRUSTEE SERVICES		0		0	
OFFICE RENT		0		2,142	
CONTINGENCY - ADMIN		0		0	
Total Expenditures		$	30,636		$	37,502	
					
EXCESS / (SHORTFALL)		$	2,664		$	3,261	

PAYMENT TO TRUSTEE		
-		
-	
BALANCE		$	2,664		$	3,261	

COUNTY APPRAISER & TAX COLLECTOR FEE		
(1,332)		
(1,631)	
DISCOUNTS FOR EARLY PAYMENTS		(1,332)		(1,631)	
NET EXCESS / (SHORTFALL)		$	-		$	-	

		FISCAL YEAR		FISCAL YEAR	
		2018/2019		2019/2020	
		 	ANNUAL BUDGET			 	ANNUAL BUDGET		
REVENUES	
O & M ASSESSMENTS - ADMIN		
23,300		
31,122	
DEBT ASSESSMENTS		0		0	
INTEREST INCOME		0		0	
STORMWATER		0		0	
FUND CARRY FORWARD		0		0	
Total Revenues		$	23,300		$	31,122	

EXPENDITURES	
AUDIT		
5,000		
5,000	
BANK FEES		0		0	
DISSEMINATION AGENT		0		0	
DISTRICT COUNSEL		3,470		3,470	
MANAGEMENT		7,808		5,783	
DUES, LICENSES, FEES		175		175	
ENGINEERING		1,735		1,735	
IMPACT FEE ADMINISTRATION		1,446		1,446	
GENERAL INSURANCE		0		8,000	
WEBSITE		1,004		750	
LEGAL ADVERTISING		376		376	
MISCELLANEOUS		17		17	
MEETING ROOM		52		191	
TRAVEL AND PER DIEM		0		0	
OFFICE SUPPLIES		6		6	
POSTAGE AND SHIPPING		58		58	
COPIES		289		289	
SUPERVISOR FEES		0		0	
TELEPHONE		0		0	
TRUSTEE SERVICES		0		0	
OFFICE RENT		0		1,336	
CONTINGENCY - ADMIN		0		0	
Total Expenditures		$	21,436		$	28,632	
					
EXCESS / (SHORTFALL)		$	1,864		$	2,490	

PAYMENT TO TRUSTEE		
-		
-	
BALANCE		$	1,864		$	2,490	

COUNTY APPRAISER & TAX COLLECTOR FEE		
(932)		
(1,245)	
DISCOUNTS FOR EARLY PAYMENTS		(932)		(1,245)	

		FISCAL YEAR		FISCAL YEAR	
		2018/2019		2019/2020	
		 	ANNUAL BUDGET			 	ANNUAL BUDGET		
REVENUES	
O & M ASSESSMENTS - ADMIN		
85,204		
82,435	
DEBT ASSESSMENTS		0		0	
INTEREST INCOME		0		0	
STORMWATER		0		0	
FUND CARRY FORWARD		0		0	
Total Revenues		$	85,204		$	82,435	

EXPENDITURES	
AUDIT		
5,500		
5,500	
BANK FEES		0		0	
DISSEMINATION AGENT		0		0	
DISTRICT COUNSEL		14,490		14,490	
MANAGEMENT		32,603		24,151	
DUES, LICENSES, FEES		175		175	
ENGINEERING		7,245		7,245	
IMPACT FEE ADMINISTRATION		6,038		6,038	
GENERAL INSURANCE		8,000		8,000	
WEBSITE		1,004		750	
LEGAL ADVERTISING		1,570		1,570	
MISCELLANEOUS		72		72	
MEETING ROOM		217		797	
TRAVEL AND PER DIEM		0		0	
OFFICE SUPPLIES		24		24	
POSTAGE AND SHIPPING		242		242	
COPIES		1,208		1,208	
SUPERVISOR FEES		0		0	
TELEPHONE		0		0	
TRUSTEE SERVICES		0		0	
OFFICE RENT		0		5,579	
CONTINGENCY - ADMIN		0		0	
Total Expenditures		$	78,388		$	75,840	
					
EXCESS / (SHORTFALL)		$	6,816		$	6,595	

PAYMENT TO TRUSTEE		
-		
-	
BALANCE		$	6,816		$	6,595	

COUNTY APPRAISER & TAX COLLECTOR FEE		
(3,408)		
(3,297)	
DISCOUNTS FOR EARLY PAYMENTS		(3,408)		(3,297)	

	FISCAL YEAR 2019/2020
ANNUAL BUDGET	

REVENUES			
Interest Income		0	
Net Debt Collections		4,113,956	
Total Revenues	$	4,113,956	

EXPENDITURES			
Principal Payments		2,010,000	
Interest Payments		1,772,432	
Miscellaneous / Extra Redemption		331,525	
Total Expenditures	$	4,113,956	
			
Excess / (Shortfall)	$	-	

 	Series  2014 Bond Information	

Original Par Amount =	$53,170,000	Annual Principal Payments Due =	May 1st	
Avarage Interest Rate =
Issue Date =	3.71%
April 2014	Annual Interest Payments Due =	May 1st & November 1st	
Maturity Date =	May 2035			

 	ASSESSMENTS		
Single Family - Per Unit	658.68	Budgeted	
Multi-Family - Per Unit	360.05	Budgeted	
Commercial- Per Square Foot	0.43656	Budgeted	

Single Family - Per Unit	
715.96	
Grossed Up	
Multi-Family - Per Unit	391.36	Grossed Up	
Commercial- Per Square Foot	0.4745	Grossed Up	

ASSESSMENT ALLOCATION
FISCAL YEAR 2019/2020 OCTOBER 1, 2019 - SEPTEMBER 30, 2020

Assessment Roll
CDD1-7	1,249,322	
Less Non Bonded 7	(57,084)	
CDD1-7 Bonded Total	$ 1,192,237.81	
CDD8-10	154,319	
Plus Non Bonded 7	57,084	
CDD7 Non Bonded, 8-10 Total	$	211,403.49

TOTAL ASSESSMENT ROLL:   $ 1,403,641.30	

ERU Calculation
	Units*	ERU/Unit*	Total ERUs	
Single Family - General 1-6, Bonded 7	4,499	1.00	4,499	
Multi Family-ALF - 1-6, Bonded 7	1,201	0.50	601	
Commercial Square Footage 1-6, Bonded 7	1,587,980	0.0004	637	
				
		Total ERU:	5,737	
*Unit counts per updated property appraiser roll.

Assessments Budgeted
CDD 1-7 Bonded Area Total:	$	1,192,238	
		
Assessment Per Unit (Grossed Up)	$	207.83	

Assessment Per Unit (Grossed Up)
Assessment By Unit	SF - General	MF	Commercial*	
With 8% Gross Up	207.83	103.92	0.0833	
* Per square Foot				

FINAL BUDGET
TRADITION COMMUNITY DEVELOPMENT DISTRICT IRRIGATION FISCAL YEAR 2019/2020
OCTOBER 1, 2019 - SEPTEMBER 30, 2020

	FISCAL YEAR	FISCAL YEAR	
	2018/2019	2019/2020	
	 	ANNUAL BUDGET		 	ANNUAL BUDGET		
REVENUES			
SERVICE CHARGE - IRRIGATION	953,528	1,042,000	
ENGINEERING REVENUE FEES		 	0	 	7,500	
Total Revenues		  $	953,528	  $	1,049,500	
EXPENSES			
FIELD OPERATIONS	225,410	0	
TRUSTEE SERVICES	5,000	5,000	
MANAGEMENT	75,000	285,408	
ENGINEERING	9,580	9,580	
PROFESSIONAL SERVICES, OTHER	5,000	5,000	
DEVELOPMENT COORDINATOR	0	117,000	
CITY FRANCHISE FEE	68,475	68,475	
TRAVEL AND PER DIEM	387	387	
TELEPHONE	1,921	1,921	
POSTAGE AND SHIPPING	253	253	
BANK FEES	1,216	1,216	
BAD DEBT	4,833	4,833	
OFFICE SUPPLIES	250	250	
FIELD SUPPLIES (OTHER)	2,000	2,000	
DUES, LICENSES, FEES	2,237	2,237	
VEHICLE, GAS, & REPAIR	1,000	1,000	
ELECTRIC	101,023	101,023	
WATER	170	170	
OTHER UTILITIES	1,542	1,542	
GENERAL INSURANCE	20,000	20,032	
GENERAL REPAIR & MAINTENANCE	40,193	40,435	
LANDSCAPING MAINTENANCE & MATERIAL	10,608	10,608	
HVAC	4,305	4,305	

Total Expenses	

   $	580,403	$	682,675

EXCESS / (SHORTFALL)	

   $	373,125

   $	366,825

PAYMENT TO TRUSTEE	(373,125)	(366,825)

BALANCE	

  $	-	

  $	-	

NET INCOME	

  $	-	

  $	-	

FINAL DEBT SERVICE BUDGET
TRADITION IRRIGATION SERIES 2017 BOND FISCAL YEAR 2019/2020
OCTOBER 1, 2019 - SEPTEMBER 30, 2020
	FISCAL YEAR
2019/2020
ANNUAL BUDGET	

REVENUES				
Transfer from Operating Fund			366,825	
Total Revenues		$	366,825	

EXPENDITURES				
Principal Payments			105,000	
Interest Payments			261,825	
Total Expenditures		$	366,825	
				
Excess / (Shortfall)		$	-	

 	Series 2017 Bond Information	
Original Par Amount =	$6,095,000
Issue Date =	Oct 2017
Maturity Date =	Oct 2047

PROPOSED vs FINAL BUDGET COMPARISON TRADITION COMMUNITY DEVELOPMENT DISTRICTS #1-10 FISCAL YEAR 2019/2020

	FISCAL YEAR		FISCAL YEAR		
	2019/2020		2019/2020		
	     PROPOSED BUDGET 		 	FINAL BUDGET		 	COMMENTS		
REVENUES	
O & M ASSESSMENTS - ADMIN		
592,918		
1,403,641	
Updated amount to match property appraiser unit count.	
O & M ASSESSMENTS - MAINT		958,152		Incl in Admin Total	Maintenance assessments included above.	
DEBT ASSESSMENTS		4,290,960		4,471,692	Updated amount to match property appraiser unit count.	
INTEREST INCOME		0		0	Not budgeting for interest. Any interest collected will be held for reserves.	
STORMWATER		660,000		660,000	No Change From 2019/2020 Proposed Budget	
FUND CARRY FORWARD				213,750	Carryforward required to keep assessments same as FY2018/2019	
Total Revenues		$	6,502,031		$	6,749,083		

EXPENDITURES - ADMIN						
AUDIT		55,000		55,000	No Change From 2019/2020 Proposed Budget	
BANK FEES		670		670	No Change From 2019/2020 Proposed Budget	
DISSEMINATION AGENT		1,000		1,000	No Change From 2019/2020 Proposed Budget	
DISTRICT COUNSEL		60,000		60,000	No Change From 2019/2020 Proposed Budget	
MANAGEMENT		100,000		100,000	No Change From 2019/2020 Proposed Budget	
DUES, LICENSES, FEES		1,750		1,750	No Change From 2019/2020 Proposed Budget	
ENGINEERING		30,000		30,000	No Change From 2019/2020 Proposed Budget	
IMPACT FEE ADMINISTRATION		25,000		25,000	No Change From 2019/2020 Proposed Budget	
GENERAL INSURANCE		75,000		75,000	No Change From 2019/2020 Proposed Budget	
WEBSITE		7,500		7,500	No Change From 2019/2020 Proposed Budget	
LEGAL ADVERTISING		6,500		6,500	No Change From 2019/2020 Proposed Budget	
MISCELLANEOUS		300		300	No Change From 2019/2020 Proposed Budget	
MEETING ROOM		3,300		3,300	No Change From 2019/2020 Proposed Budget	
TRAVEL AND PER DIEM		4,000		4,000	No Change From 2019/2020 Proposed Budget	
OFFICE SUPPLIES		100		100	No Change From 2019/2020 Proposed Budget	
OFFICE RENT		0		23,100	23,100 Increase - Tradition Office Rental	
POSTAGE AND SHIPPING		1,000		1,000	No Change From 2019/2020 Proposed Budget	
COPIES		5,000		5,000	No Change From 2019/2020 Proposed Budget	
SUPERVISOR FEES		64,800		64,800	No Change From 2019/2020 Proposed Budget	
TRUSTEE SERVICES		12,000		12,000	No Change From 2019/2020 Proposed Budget	
CONTINGENCY - ADMIN		92,565		0	$92,565 Decrease from Proposed Budget	
TOTAL ADMIN EXPENSES	545,485	476,020	

EXPENDITURES - MAINT				
LAKE MAINTENANCE	125,880	142,580	$16,700 Increase - Additional Lakes Transferred to CDD	
BUILDING, BRIDGE, MONUMENT MAINT.	45,000	45,000	No Change From 2019/2020 Proposed Budget	
CONTINGENCY - MAINT	30,000	30,000	No Change From 2019/2020 Proposed Budget	
COMMUNITY AREA MAINTENANCE	105,620	50,000	$55,620 Decrease - Reduced to be more in line with FY18 Actual	
PAINTING	5,000	5,000	No Change From 2019/2020 Proposed Budget	
FENCE MAINTENANCE	10,000	10,000	No Change From 2019/2020 Proposed Budget	
ELECTRIC	60,000	60,000	No Change From 2019/2020 Proposed Budget	
ENGINEERING - MAINT.	30,000	30,000	No Change From 2019/2020 Proposed Budget	
FIELD MANAGEMENT	185,000	185,000	No Change From 2019/2020 Proposed Budget	
FOUNTAIN MAINTENANCE	40,000	40,000	No Change From 2019/2020 Proposed Budget	
LANDSCAPING MAINTENANCE & MATERIALS	510,000	663,000	$153,000 Increase - Road Turnover Segments and Increased Services	
IRRIGATION	145,000	145,000	No Change From 2019/2020 Proposed Budget	
IRRIGATION PARTS & REPAIR	65,000	65,000	No Change From 2019/2020 Proposed Budget	
PEST CONTROL	3,500	3,500	No Change From 2019/2020 Proposed Budget	
ROAD REPAIR	6,500	0	Removed to be in line with FY18 Actual	
SECURITY	50,000	50,000	No Change From 2019/2020 Proposed Budget	
SIDEWALK CLEANING	20,000	20,000	No Change From 2019/2020 Proposed Budget	
SIDEWALK REPAIR	10,000	10,000	No Change From 2019/2020 Proposed Budget	
SIGNAGE	10,000	10,000	No Change From 2019/2020 Proposed Budget	
STREETLIGHTS	25,000	25,000	No Change From 2019/2020 Proposed Budget	
STORMWATER MANAGEMENT	6,000	6,000	No Change From 2019/2020 Proposed Budget	
TREE/PLANT REPLACEMENT & TRIM	50,000	90,000	$40,000 Increase - Road Turnover Segments and Increased Services	
WETLAND UPLAND MAINTENANCE	4,000	4,000	No Change From 2019/2020 Proposed Budget	

OCTOBER 1, 2019 - SEPTEMBER 30, 2020

TOTAL MAINTENANCE EXPENSES	1,541,500	1,689,080

  

Total Expenditures

$	2,086,985	$

2,165,100

  

EXCESS / (SHORTFALL)

$	4,415,046	$

4,583,983

PAYMENTS TO TRUSTEE	(3,947,684)	(4,113,956)	Updated to match unit count.

BALANCE

$	467,362	$

470,027

COUNTY APPRAISER & TAX COLLECTOR FEE	(233,681)	(235,013)	Budgeted for Gross Assessment Roll Total
DISCOUNTS FOR EARLY PAYMENTS	(233,681)	(235,013)	Budgeted for Gross Assessment Roll Total

NET  EXCESS / (SHORTFALL)	$	-	$	-