TRADITION COMMUNITY DEVELOPMENT DISTRICTS 1-10

Amended Final Budget For Fiscal Year 2022/2023
October 1, 2022 - September 30, 2023

CONTENTS

3-4	RECAP FINAL AMENDED BUDGET-CDD 1
5	FINAL AMENDED DEBT SERVICE FUND BUDGET- CDD 1-10
6-7	FINAL AMENDED BUDGET-CDD 1
8-9	FINAL AMENDED BUDGET-CDD 2
10-11 FINAL AMENDED BUDGET-CDD 3
12-13 FINAL AMENDED BUDGET-CDD 4
14-15 FINAL AMENDED BUDGET-CDD 5
16-17 FINAL AMENDED BUDGET-CDD 6
18-19 FINAL AMENDED BUDGET-CDD 7
20-21 FINAL AMENDED BUDGET-CDD 8
22-23 FINAL AMENDED BUDGET-CDD 9
24-25 FINAL AMENDED BUDGET-CDD 10
26	FINAL AMENDED BUDGET-IRRIGATION

REVENUES	FISCAL YEAR 2022/2023 BUDGET
10/1/22 - 9/30/23	AMENDED FINAL BUDGET
10/1/22 - 9/30/23	YEAR TO DATE ACTUAL
10/1/22 - 9/29/23	
ON‐ROLL & Direct Bill ‐ Debt	5,379,577	5,172,427	5,172,427	
ON‐ROLL ASSESSMENTS ‐ ADMIN	609,718	599,091	599,091	
ON‐ROLL ASSESSMENTS ‐ MAINT	1,710,616	1,680,799	1,680,799	
ON‐ROLL ASSESSMENTS ‐ TIM	300,956	295,710	295,710	
STORMWATER	825,000	974,563	974,563	
INTEREST INCOME	0	124,387	124,387	
DEVELOPER CONTRIBUTION ‐ TIM	0	1,381,684	1,381,680	
BOND PREPAYMENTS	0	11,628	11,628	
OTHER INCOME ‐ ENG FEES	0	229,305	229,305	
TOTAL REVENUES	$	8,825,868	$	10,469,594	$	10,469,590	
				
EXPENDITURES				
AUDIT	55,000	31,750	31,750	
BANK FEES	670	0	0	
DISSEMINATION AGENT	2,000	0	0	
DISTRICT COUNSEL	80,000	34,334	34,334	
MANAGEMENT	96,161	96,161	96,161	
ASSESSMENT ROLL	10,000	10,000	10,000	
DUES, LICENSES & FEES	1,750	1,875	1,875	
ENGINEERING	50,000	50,117	50,117	
GENERAL INSURANCE	110,860	107,867	107,867	
WEB SITE MAINTENANCE	7,500	7,500	7,500	
LEGAL ADVERTISING	6,500	4,332	4,332	
MISCELLANEOUS	0	16,769	16,769	
TRAVEL AND PER DIEM	1,000	827	827	
FINANCIAL ADVISORY FEES		85	85	
ARBITRAGE		650	650	
OFFICE SUPPLIES	2,500	3,154	3,154	
POSTAGE & SHIPPING	200	1,198	1,198	
COPIES	1,000	4,007	4,007	
SUPERVISOR FEES	64,800	40,200	40,200	
SUPERVISOR PAYROLL TAXES	0	3,075	3,075	
SUPERVISOR PAYROLL FEEs	0	617	617	
TRUSTEE SERVICES	18,000	20,909	20,909	
OFFICE RENT	25,000	89,018	89,018	
CONTINUING DISCLOSURE FEE	3,000	2,250	2,250	
CONTINGENCY CHANGE TO GENERAL RESERVES	25,000	395,600	25,000	
TOTAL ADMIN EXPENSES	$	560,941	$	922,296	$	551,695	
				
LAKE MAINTENANCE	255,000	187,272	187,272	
TIM ‐ OPERATIONS (FKA BEEP)	300,956	262,478	262,478	
BUILDING, BRIDGE, MONUMENT MAINTENANCE	300,000	0	0	
MISC MAINTENANCE	0	1,730	1,730	
CONTINGENCY CHANGE TO GENERAL RESERVES	72,000	68,494	72,000	
COMMUNITY AREA MAINTENANCE	40,000	149,879	149,879	

	FISCAL YEAR 2022/2023
BUDGET	AMENDED
FINAL BUDGET	YEAR
TO DATE ACTUAL	
DEVELOPMENT COORDINATOR	61,100	61,100	61,100	
ELECTRIC	70,000	82,556	82,556	
ENGINEERING	100,000	165,391	165,391	
FIELD MANAGEMENT	197,667	197,667	197,667	
FOUNTAIN MAINTENANCE & CHEMICALS	30,000	19,921	19,921	
LANDSCAPING MAINTENANCE & MATERIALS	870,000	1,043,957	1,043,957	
IRRIGATION	152,000	156,112	156,112	
IRRIGATION PARTS & REPAIRS	25,000	41,284	41,284	
PEST CONTROL	0	2,137	2,137	
SECURITY	0	3,400	3,400	
SIDEWALK CLEANING	30,000	37,500	37,500	
SIDEWALK REPAIR	45,000	0	0	
SIGNAGE	10,000	120,093	120,093	
STREETLIGHTS	45,000	113,812	113,812	
STORMWATER MANAGEMENT	6,000	160,286	160,286	
TREE/PLANT REPLACEMENT & TRIM	90,000	146,624	146,624	
TOTAL MAINTENANCE EXPENSES	$	2,699,723	$	3,021,693	$	3,025,199	
				
TOTAL EXPENDITURES	$	3,260,664	$	3,943,989	$	3,576,894	
				
REVENUES LESS EXPENDITURES	$	5,565,204	$	6,525,605	$	6,892,696	
				
BOND PAYMENTS	(4,949,211)	(4,929,136)	(4,929,136)	
BOND PREPAYMENTS	0	(11,628)	(11,628)	
				
BALANCE	$	615,993	$	1,584,841	$	1,951,932	
				
COUNTY APPRAISER & TAX COLLECTOR FEE	(307,996)	(287,157)	(287,157)	
DISCOUNTS FOR EARLY PAYMENTS	(307,996)	(268,242)	(268,244)	
				
EXCESS/ (SHORTFALL)	$	0	$	1,029,442	$	1,396,531	
				
NET EXCESS/ (SHORTFALL)	$	0	$	1,029,442	$	1,396,531	

FUND BALANCE AS OF 9/30/22	
FY 2022/2023 ACTIVITY	
FUND BALANCE AS OF 9/30/23	

$308,773	
$	1,029,442	
$1,338,215	

AMENDED FINAL BUDGET
TRADITION COMMUNITY DEVELOPMENT DISTRICT 1-10 DEBT SERVICE FUND (SERIES 2014 BOND and 2021 BOND) FISCAL YEAR 2022/2023
OCTOBER 1, 2022 - SEPTEMBER 30, 2023

REVENUES	FISCAL YEAR 2022/2023 BUDGET 10/1/22 - 9/30/23	AMENDED FINAL BUDGET
10/1/22 - 9/30/23	YEAR TO DATE ACTUAL
10/1/22 - 9/29/23	
Debt Assessments (Net of Discounts and Fees)*	4,949,211	4,929,136	4,929,136	
Prepayments	0	11,628	11,628	
Total Revenues	$	4,949,211	$	4,940,764	$	4,940,764	
				
EXPENDITURES				
Bond Payments (Includes Extra Redemption)	4,949,211	4,929,136	4,929,136	
Prepayments to Trustee	0	11,628	11,628	
Prepayments to be sent to Trustee	0	0	0	
Total Expenditures	$	4,949,211	$	4,940,764	$	4,940,764	
				
TOTAL	$	-	$	0	$	0	

*Includes Direct Billed Debt		

Series 2014 Reserve Fund Balance as of 9/30/23:	
$	
1,000,000.00	
Series 2021 Reserve Fund Balance as of 9/30/23:	$	486,500.00	

	Series 2014 Bond		
Original Par Amount =	$53,170,000	Principal Payments Due=	May 1st	
Average Interest Rate =	3.71%	Interest Payments Due =	May 1st & November 1st	
Issue Date =	2014			
Maturity Date =	2035			
Par Amount As Of 9/30/23 =	$35,330,000			

Series 2021 Bond
	For CDDs 8, 9, 10, and part of 7 not in original 2003 area		
Original Par Amount =	$17,755,000	Principal Payments Due=	May 1st	
Average Interest Rate =	3.66%	Interest Payments Due =	May 1st & November 1st	
Issue Date =	2021			
Maturity Date =	2052			

Par Amount As Of 9/30/23 =	$17,755,000	(1st principal payment 11/1/23)

REVENUES	FISCAL YEAR 2022/2023 BUDGET
10/1/22 - 9/30/23	AMENDED FINAL BUDGET
10/1/22 - 9/30/23	YEAR TO DATE ACTUAL
10/1/22 - 9/29/23	
ON‐ROLL ASSESSMENTS ‐ Debt	62,341	59,940	59,940	
ON‐ROLL ASSESSMENTS ‐ ADMIN	18,597	18,273	18,273	
ON‐ROLL ASSESSMENTS ‐ MAINT	23,512	23,102	23,102	
ON‐ROLL ASSESSMENTS ‐ TIM	3,746	3,681	3,681	
STORMWATER	11,339	13,395	13,395	
INTEREST INCOME	0	2,143	2,143	
BOND PREPAYMENTS	0	11,628	11,628	
OTHER	0	1,620	1,620	
DEVELOPER CONTRIBUTION ‐ TIM	0	17,198	17,198	
TOTAL REVENUES	$	119,535	$	150,980	$	150,980	
				
EXPENDITURES				
AUDIT	6,500	224	224	
BANK FEES	5	‐	‐	
DISSEMINATION AGENT	27	‐	0	
DISTRICT COUNSEL	565	243	243	
MANAGEMENT	679	679	679	
ASSESSMENT ROLL	71	71	71	
DUES, LICENSES & FEES	175	300	300	
ENGINEERING	353	354	354	
GENERAL INSURANCE	783	762	762	
WEB SITE MAINTENANCE	750	750	750	
LEGAL ADVERTISING	46	31	31	
MISCELLANEOUS	‐	119	119	
TRAVEL AND PER DIEM	‐	6	6	
FINANCIAL ADVISORY FEES	7	1	1	
ARBITRAGE	‐	5	5	
OFFICE SUPPLIES	18	22	22	
POSTAGE & SHIPPING	1	9	9	
COPIES	7	28	28	
SUPERVISOR FEES	6,480	4,020	4,020	
SUPERVISOR PAYROLL TAXES	‐	308	308	
SUPERVISOR PAYROLL FEEs	‐	62	62	
TRUSTEE SERVICES	247	148	148	
OFFICE RENT	177	629	629	
CONTINUING DISCLOSURE FEE	41	31	31	
CONTINGENCY CHANGE TO GENERAL RESERVES	177	10,000	301	
TOTAL ADMIN EXPENSES	$	17,110	$	18,799	$	9,100	

	FISCAL YEAR 2022/2023
BUDGET	AMENDED
FINAL BUDGET	YEAR
TO DATE ACTUAL	
				
LAKE MAINTENANCE	3,505	2,574	2,574	
TIM ‐ OPERATIONS (FKA BEEP)	3,746	3,267	3,267	
BUILDING, BRIDGE, MONUMENT MAINTENANCE	4,123	‐		
MISC MAINTENANCE		24	24	
CONTINGENCY CHANGE TO GENERAL RESERVES	990	866	866	
COMMUNITY AREA MAINTENANCE	550	2,060	2,060	
DEVELOPMENT COORDINATOR	840	840	840	
ELECTRIC	962	1,135	1,135	
ENGINEERING	1,374	2,273	2,273	
FIELD MANAGEMENT	2,717	2,717	2,717	
FOUNTAIN MAINTENANCE & CHEMICALS	412	274	274	
LANDSCAPING MAINTENANCE & MATERIALS	11,958	14,349	14,349	
IRRIGATION	2,089	2,146	2,146	
IRRIGATION PARTS & REPAIRS	344	567	567	
PEST CONTROL	‐	29	29	
SECURITY	‐	47	47	
SIDEWALK CLEANING	412	515	515	
SIDEWALK REPAIR	619	‐		
SIGNAGE	137	1,651	1,651	
STREETLIGHTS	619	1,564	1,564	
STORMWATER MANAGEMENT	82	2,203	2,203	
TREE/PLANT REPLACEMENT & TRIM	1,237	2,015	2,015	
TOTAL MAINTENANCE EXPENSES	$	36,716	$	41,117	$	41,117	
				
TOTAL EXPENDITURES	$	53,826	$	59,916	$	50,217	
				
REVENUES LESS EXPENDITURES	$	65,709	$	91,064	$	100,763	
				
BOND PAYMENTS	(57,353)	(57,121)	(57,121)	
BOND PREPAYMENTS	0	(11,628)	(11,628)	
				
BALANCE	$	8,356	$	22,316	$	32,015	
				
COUNTY APPRAISER & TAX COLLECTOR FEE	(4,178)	(3,895)	(3,895)	
DISCOUNTS FOR EARLY PAYMENTS	(4,178)	(3,637)	(3,637)	
				
EXCESS/ (SHORTFALL)	$	(0)	$	14,784	$	24,483	
				
NET EXCESS/ (SHORTFALL)	$	(0)	$	14,784	$	24,483	

REVENUES	FISCAL YEAR 2022/2023 BUDGET
10/1/22 - 9/30/23	AMENDED FINAL BUDGET
10/1/22 - 9/30/23	YEAR TO DATE ACTUAL
10/1/22 - 9/29/23	
ON‐ROLL ASSESSMENTS ‐ Debt	326,508	313,936	313,936	
ON‐ROLL ASSESSMENTS ‐ ADMIN	32,270	31,708	31,708	
ON‐ROLL ASSESSMENTS ‐ MAINT	123,142	120,996	120,996	
ON‐ROLL ASSESSMENTS ‐ TIM	19,620	19,278	19,278	
STORMWATER	59,389	70,156	70,156	
INTEREST INCOME	0	8,513	8,513	
OTHER	0	8,484	8,484	
DEVELOPER CONTRIBUTION ‐ TIM	0	90,077	90,077	
TOTAL REVENUES	$	560,931	$	663,147	$	663,147	
				
EXPENDITURES				
AUDIT	5,500	1,175	1,175	
BANK FEES	25	0	‐	
DISSEMINATION AGENT	144	0	‐	
DISTRICT COUNSEL	2,960	1,270	1,270	
MANAGEMENT	3,558	3,558	3,558	
ASSESSMENT ROLL	370	370	370	
DUES, LICENSES & FEES	175	175	175	
ENGINEERING	1,850	1,854	1,854	
GENERAL INSURANCE	4,102	3,991	3,991	
WEB SITE MAINTENANCE	750	750	750	
LEGAL ADVERTISING	240	160	160	
MISCELLANEOUS	‐	620	620	
TRAVEL AND PER DIEM	37	31	31	
FINANCIAL ADVISORY FEES	‐	3	3	
ARBITRAGE	‐	24	24	
OFFICE SUPPLIES	92	117	117	
POSTAGE & SHIPPING	7	44	44	
COPIES	37	148	148	
SUPERVISOR FEES	6,480	4,020	4,020	
SUPERVISOR PAYROLL TAXES	‐	308	308	
SUPERVISOR PAYROLL FEEs	‐	62	62	
TRUSTEE SERVICES	1,296	774	774	
OFFICE RENT	925	3,293	3,293	
CONTINUING DISCLOSURE FEE	216	162	162	
CONTINGENCY CHANGE TO GENERAL RESERVES	925	24,925	925	
TOTAL ADMIN EXPENSES	$	29,689	$	47,834	$	23,834	

	FISCAL YEAR 2022/2023
BUDGET	AMENDED
FINAL BUDGET	YEAR
TO DATE ACTUAL	
				
LAKE MAINTENANCE	18,357	13,481	13,481	
TIM ‐ OPERATIONS (FKA BEEP)	19,620	17,112	17,112	
BUILDING, BRIDGE, MONUMENT MAINTENANCE	21,596	0		
MISC MAINTENANCE	‐	125	125	
CONTINGENCY CHANGE TO GENERAL RESERVES	5,183	5,183	5,183	
COMMUNITY AREA MAINTENANCE	2,879	10,789	10,789	
DEVELOPMENT COORDINATOR	4,398	4,398	4,398	
ELECTRIC	5,039	5,943	5,943	
ENGINEERING	7,199	11,906	11,906	
FIELD MANAGEMENT	14,229	14,229	14,229	
FOUNTAIN MAINTENANCE & CHEMICALS	2,160	1,434	1,434	
LANDSCAPING MAINTENANCE & MATERIALS	62,629	75,151	75,151	
IRRIGATION	10,942	11,238	11,238	
IRRIGATION PARTS & REPAIRS	1,800	2,972	2,972	
PEST CONTROL	‐	154	154	
SECURITY	‐	245	245	
SIDEWALK CLEANING	2,160	2,700	2,700	
SIDEWALK REPAIR	3,239	0		
SIGNAGE	720	8,645	8,645	
STREETLIGHTS	3,239	8,193	8,193	
STORMWATER MANAGEMENT	432	11,539	11,539	
TREE/PLANT REPLACEMENT & TRIM	6,479	10,555	10,555	
TOTAL MAINTENANCE EXPENSES	$	192,300	$	215,992	$	215,992	
				
TOTAL EXPENDITURES	$	221,989	$	263,825	$	239,825	
				
REVENUES LESS EXPENDITURES	$	338,941	$	399,322	$	423,322	
				
BOND PAYMENTS	(300,388)	(299,169)	(299,169)	
				
BALANCE	$	38,554	$	100,153	$	124,153	
				
COUNTY APPRAISER & TAX COLLECTOR FEE	(19,277)	(17,973)	(17,973)	
DISCOUNTS FOR EARLY PAYMENTS	(19,277)	(16,789)	(16,789)	
				
EXCESS/ (SHORTFALL)	$	0	$	65,391	$	89,391	
				
NET EXCESS/ (SHORTFALL)	$	0	$	65,391	$	89,391	

REVENUES	FISCAL YEAR 2022/2023 BUDGET
10/1/22 - 9/30/23	AMENDED FINAL BUDGET
10/1/22 - 9/30/23	YEAR TO DATE ACTUAL
10/1/22 - 9/29/23	
ON‐ROLL ASSESSMENTS ‐ Debt	969,395	932,067	932,067	
ON‐ROLL ASSESSMENTS ‐ ADMIN	68,191	67,002	67,002	
ON‐ROLL ASSESSMENTS ‐ MAINT	365,605	359,233	359,233	
ON‐ROLL ASSESSMENTS ‐ TIM	0	0	0	
STORMWATER	176,325	208,291	208,291	
INTEREST INCOME	0	20,278	20,278	
OTHER	0	25,188	25,188	
DEVELOPER CONTRIBUTION ‐ TIM	0	0	0	
TOTAL REVENUES	$	1,579,516	$	1,612,058	$	1,612,058	
				
EXPENDITURES				
AUDIT	5,500	3,488	3,488	
BANK FEES	74	0	‐	
DISSEMINATION AGENT	427	0	‐	
DISTRICT COUNSEL	8,788	3,771	3,771	
MANAGEMENT	10,563	10,563	10,563	
ASSESSMENT ROLL	1,098	1,098	1,098	
DUES, LICENSES & FEES	175	175	175	
ENGINEERING	5,492	5,505	5,505	
GENERAL INSURANCE	12,177	11,849	11,849	
WEB SITE MAINTENANCE	750	750	750	
LEGAL ADVERTISING	714	476	476	
MISCELLANEOUS	‐	1,842	1,842	
TRAVEL AND PER DIEM	110	91	91	
FINANCIAL ADVISORY FEES	‐	9	9	
ARBITRAGE	‐	71	71	
OFFICE SUPPLIES	275	346	346	
POSTAGE & SHIPPING	22	132	132	
COPIES	110	440	440	
SUPERVISOR FEES	6,480	4,020	4,020	
SUPERVISOR PAYROLL TAXES	‐	308	308	
SUPERVISOR PAYROLL FEEs	‐	62	62	
TRUSTEE SERVICES	3,847	2,297	2,297	
OFFICE RENT	2,746	9,778	9,778	
CONTINUING DISCLOSURE FEE	641	481	481	
CONTINGENCY CHANGE TO GENERAL RESERVES	2,746	67,823	2,746	
TOTAL ADMIN EXPENSES	$	62,736	$	125,375	$	60,298	

	FISCAL YEAR 2022/2023
BUDGET	AMENDED
FINAL BUDGET	YEAR
TO DATE ACTUAL	
				
LAKE MAINTENANCE	54,500	40,025	40,025	
TIM ‐ OPERATIONS (FKA BEEP)	‐	0	‐	
BUILDING, BRIDGE, MONUMENT MAINTENANCE	64,118	0	‐	
MISC MAINTENANCE	‐	370	370	
CONTINGENCY CHANGE TO GENERAL RESERVES	15,388	15,388	15,388	
COMMUNITY AREA MAINTENANCE	8,549	32,033	32,033	
DEVELOPMENT COORDINATOR	13,059	13,059	13,059	
ELECTRIC	14,961	17,644	17,644	
ENGINEERING	21,373	35,349	35,349	
FIELD MANAGEMENT	42,247	42,247	42,247	
FOUNTAIN MAINTENANCE & CHEMICALS	6,412	4,258	4,258	
LANDSCAPING MAINTENANCE & MATERIALS	185,943	223,122	223,122	
IRRIGATION	32,487	33,365	33,365	
IRRIGATION PARTS & REPAIRS	5,343	8,823	8,823	
PEST CONTROL	‐	457	457	
SECURITY	‐	727	727	
SIDEWALK CLEANING	6,412	8,015	8,015	
SIDEWALK REPAIR	9,618	0	‐	
SIGNAGE	2,137	25,667	25,667	
STREETLIGHTS	9,618	24,325	24,325	
STORMWATER MANAGEMENT	1,282	34,258	34,258	
TREE/PLANT REPLACEMENT & TRIM	19,235	31,338	31,338	
TOTAL MAINTENANCE EXPENSES	$	512,682	$	590,469	$	590,469	
				
TOTAL EXPENDITURES	$	575,418	$	715,843	$	650,766	
				
REVENUES LESS EXPENDITURES	$	1,004,099	$	896,215	$	961,292	
				
BOND PAYMENTS	(891,843)	(888,226)	(888,226)	
				
BALANCE	$	112,255	$	7,989	$	73,066	
				
COUNTY APPRAISER & TAX COLLECTOR FEE	(56,128)	(52,330)	(52,330)	
DISCOUNTS FOR EARLY PAYMENTS	(56,128)	(48,883)	(48,883)	
				
EXCESS/ (SHORTFALL)	$	(0)	$	(93,224)	$	(28,147)	
				
NET EXCESS/ (SHORTFALL)	$	(0)	$	(93,224)	$	(28,147)	

REVENUES	FISCAL YEAR 2022/2023 BUDGET
10/1/22 - 9/30/23	AMENDED FINAL BUDGET
10/1/22 - 9/30/23	YEAR TO DATE ACTUAL
10/1/22 - 9/29/23	
ON‐ROLL ASSESSMENTS ‐ Debt	981,084	943,306	943,306	
ON‐ROLL ASSESSMENTS ‐ ADMIN	68,844	67,644	67,644	
ON‐ROLL ASSESSMENTS ‐ MAINT	370,014	363,564	363,564	
ON‐ROLL ASSESSMENTS ‐ TIM	0	0	0	
STORMWATER	178,451	210,802	210,802	
INTEREST INCOME	0	20,572	20,572	
OTHER	0	25,492	25,492	
DEVELOPER CONTRIBUTION ‐ TIM	0	0	0	
TOTAL REVENUES	$	1,598,393	$	1,631,380	$	1,631,380	
				
EXPENDITURES				
AUDIT	5,500	3,530	3,530	
BANK FEES	74	0	‐	
DISSEMINATION AGENT	433	0	‐	
DISTRICT COUNSEL	8,894	3,817	3,817	
MANAGEMENT	10,690	10,690	10,690	
ASSESSMENT ROLL	1,112	1,112	1,112	
DUES, LICENSES & FEES	175	175	175	
ENGINEERING	5,558	5,572	5,572	
GENERAL INSURANCE	12,324	11,992	11,992	
WEB SITE MAINTENANCE	750	750	750	
LEGAL ADVERTISING	723	482	482	
MISCELLANEOUS	‐	1,864	1,864	
TRAVEL AND PER DIEM	111	92	92	
FINANCIAL ADVISORY FEES	‐	9	9	
ARBITRAGE	‐	72	72	
OFFICE SUPPLIES	278	351	351	
POSTAGE & SHIPPING	22	133	133	
COPIES	111	446	446	
SUPERVISOR FEES	6,480	4,020	4,020	
SUPERVISOR PAYROLL TAXES	‐	308	308	
SUPERVISOR PAYROLL FEEs	‐	62	62	
TRUSTEE SERVICES	3,893	2,324	2,324	
OFFICE RENT	2,779	9,896	9,896	
CONTINUING DISCLOSURE FEE	649	487	487	
CONTINGENCY CHANGE TO GENERAL RESERVES	2,779	68,634	2,779	
TOTAL ADMIN EXPENSES	$	63,336	$	126,816	$	60,961	

	FISCAL YEAR 2022/2023
BUDGET	AMENDED
FINAL BUDGET	YEAR
TO DATE ACTUAL	
				
LAKE MAINTENANCE	55,158	40,508	40,508	
TIM ‐ OPERATIONS (FKA BEEP)	‐	0	‐	
BUILDING, BRIDGE, MONUMENT MAINTENANCE	64,891	0		
MISC MAINTENANCE	‐	374	374	
CONTINGENCY CHANGE TO GENERAL RESERVES	15,574	15,574	15,574	
COMMUNITY AREA MAINTENANCE	8,652	32,419	32,419	
DEVELOPMENT COORDINATOR	13,216	13,216	13,216	
ELECTRIC	15,141	17,857	17,857	
ENGINEERING	21,630	35,775	35,775	
FIELD MANAGEMENT	42,756	42,756	42,756	
FOUNTAIN MAINTENANCE & CHEMICALS	6,489	4,309	4,309	
LANDSCAPING MAINTENANCE & MATERIALS	188,185	225,813	225,813	
IRRIGATION	32,878	33,768	33,768	
IRRIGATION PARTS & REPAIRS	5,408	8,930	8,930	
PEST CONTROL	‐	462	462	
SECURITY	‐	735	735	
SIDEWALK CLEANING	6,489	8,111	8,111	
SIDEWALK REPAIR	9,734	0		
SIGNAGE	2,163	25,977	25,977	
STREETLIGHTS	9,734	24,618	24,618	
STORMWATER MANAGEMENT	1,298	34,671	34,671	
TREE/PLANT REPLACEMENT & TRIM	19,467	31,715	31,715	
TOTAL MAINTENANCE EXPENSES	$	518,864	$	597,589	$	597,589	
				
TOTAL EXPENDITURES	$	582,200	$	724,405	$	658,550	
				
REVENUES LESS EXPENDITURES	$	1,016,193	$	906,975	$	972,830	
				
BOND PAYMENTS	(902,597)	(898,936)	(898,936)	
				
BALANCE	$	113,595	$	8,039	$	73,894	
				
COUNTY APPRAISER & TAX COLLECTOR FEE	(56,798)	(52,954)	(52,954)	
DISCOUNTS FOR EARLY PAYMENTS	(56,798)	(49,467)	(49,467)	
				
EXCESS/ (SHORTFALL)	$	(0)	$	(94,382)	$	(28,527)	
				
NET EXCESS/ (SHORTFALL)	$	(0)	$	(94,382)	$	(28,527)	

REVENUES	FISCAL YEAR 2022/2023 BUDGET
10/1/22 - 9/30/23	AMENDED FINAL BUDGET
10/1/22 - 9/30/23	YEAR TO DATE ACTUAL
10/1/22 - 9/29/23	
ON‐ROLL ASSESSMENTS ‐ Debt	974,071	936,562	936,562	
ON‐ROLL ASSESSMENTS ‐ ADMIN	68,452	67,259	67,259	
ON‐ROLL ASSESSMENTS ‐ MAINT	367,369	360,965	360,965	
ON‐ROLL ASSESSMENTS ‐ TIM	0	0	0	
STORMWATER	177,176	209,295	209,295	
INTEREST INCOME	0	20,496	20,496	
OTHER	0	25,310	25,310	
DEVELOPER CONTRIBUTION ‐ TIM	0	0	0	
TOTAL REVENUES	$	1,587,067	$	1,619,888	$	1,619,888	
				
EXPENDITURES				
AUDIT	5,500	3,504	3,504	
BANK FEES	74	0	‐	
DISSEMINATION AGENT	430	0	‐	
DISTRICT COUNSEL	8,830	3,790	3,790	
MANAGEMENT	10,614	10,614	10,614	
ASSESSMENT ROLL	1,104	1,104	1,104	
DUES, LICENSES & FEES	175	175	175	
ENGINEERING	5,519	5,532	5,532	
GENERAL INSURANCE	12,236	11,906	11,906	
WEB SITE MAINTENANCE	750	750	750	
LEGAL ADVERTISING	717	478	478	
MISCELLANEOUS	‐	1,851	1,851	
TRAVEL AND PER DIEM	110	91	91	
FINANCIAL ADVISORY FEES	‐	9	9	
ARBITRAGE	‐	72	72	
OFFICE SUPPLIES	276	348	348	
POSTAGE & SHIPPING	22	132	132	
COPIES	110	442	442	
SUPERVISOR FEES	6,480	4,020	4,020	
SUPERVISOR PAYROLL TAXES	‐	308	308	
SUPERVISOR PAYROLL FEEs	‐	62	62	
TRUSTEE SERVICES	3,866	2,308	2,308	
OFFICE RENT	2,759	9,825	9,825	
CONTINUING DISCLOSURE FEE	644	483	483	
CONTINGENCY CHANGE TO GENERAL RESERVES	2,759	68,147	2,759	
TOTAL ADMIN EXPENSES	$	62,976	$	125,951	$	60,563	

	FISCAL YEAR 2022/2023
BUDGET	AMENDED
FINAL BUDGET	YEAR
TO DATE ACTUAL	
				
LAKE MAINTENANCE	54,763	40,218	40,218	
TIM ‐ OPERATIONS (FKA BEEP)	‐	0	‐	
BUILDING, BRIDGE, MONUMENT MAINTENANCE	64,427	0		
MISC MAINTENANCE	‐	372	372	
CONTINGENCY CHANGE TO GENERAL RESERVES	15,463	15,463	15,463	
COMMUNITY AREA MAINTENANCE	8,590	32,188	32,188	
DEVELOPMENT COORDINATOR	13,122	13,122	13,122	
ELECTRIC	15,033	17,730	17,730	
ENGINEERING	21,476	35,519	35,519	
FIELD MANAGEMENT	42,451	42,451	42,451	
FOUNTAIN MAINTENANCE & CHEMICALS	6,443	4,278	4,278	
LANDSCAPING MAINTENANCE & MATERIALS	186,840	224,198	224,198	
IRRIGATION	32,643	33,526	33,526	
IRRIGATION PARTS & REPAIRS	5,369	8,866	8,866	
PEST CONTROL	‐	459	459	
SECURITY	‐	730	730	
SIDEWALK CLEANING	6,443	8,053	8,053	
SIDEWALK REPAIR	9,664	0		
SIGNAGE	2,148	25,791	25,791	
STREETLIGHTS	9,664	24,442	24,442	
STORMWATER MANAGEMENT	1,289	34,423	34,423	
TREE/PLANT REPLACEMENT & TRIM	19,328	31,489	31,489	
TOTAL MAINTENANCE EXPENSES	$	515,155	$	593,317	$	593,317	
				
TOTAL EXPENDITURES	$	578,131	$	719,268	$	653,880	
				
REVENUES LESS EXPENDITURES	$	1,008,936	$	900,619	$	966,007	
				
BOND PAYMENTS	(896,145)	(892,510)	(892,510)	
				
BALANCE	$	112,791	$	8,109	$	73,497	
				
COUNTY APPRAISER & TAX COLLECTOR FEE	(56,396)	(52,580)	(52,580)	
DISCOUNTS FOR EARLY PAYMENTS	(56,396)	(49,117)	(49,117)	
				
EXCESS/ (SHORTFALL)	$	(0)	$	(93,587)	$	(28,199)	
				
NET EXCESS/ (SHORTFALL)	$	(0)	$	(93,587)	$	(28,199)	

REVENUES	FISCAL YEAR 2022/2023 BUDGET
10/1/22 - 9/30/23	AMENDED FINAL BUDGET
10/1/22 - 9/30/23	YEAR TO DATE ACTUAL
10/1/22 - 9/29/23	
ON‐ROLL ASSESSMENTS ‐ Debt	892,249	857,891	857,891	
ON‐ROLL ASSESSMENTS ‐ ADMIN	63,880	62,767	62,767	
ON‐ROLL ASSESSMENTS ‐ MAINT	336,510	330,644	330,644	
ON‐ROLL ASSESSMENTS ‐ TIM	0	0	0	
STORMWATER	162,293	191,715	191,715	
INTEREST INCOME	0	19,353	19,353	
OTHER	0	23,184	23,184	
DEVELOPER CONTRIBUTION ‐ TIM	0	0	0	
TOTAL REVENUES	$	1,454,932	$	1,485,554	$	1,485,554	
				
EXPENDITURES				
AUDIT	5,500	3,210	3,210	
BANK FEES	68	0	‐	
DISSEMINATION AGENT	393	0	‐	
DISTRICT COUNSEL	8,088	3,471	3,471	
MANAGEMENT	9,722	9,722	9,722	
ASSESSMENT ROLL	1,011	1,011	1,011	
DUES, LICENSES & FEES	175	175	175	
ENGINEERING	5,055	5,067	5,067	
GENERAL INSURANCE	11,208	10,906	10,906	
WEB SITE MAINTENANCE	750	750	750	
LEGAL ADVERTISING	657	438	438	
MISCELLANEOUS	‐	1,695	1,695	
TRAVEL AND PER DIEM	101	84	84	
FINANCIAL ADVISORY FEES	‐	9	9	
ARBITRAGE	‐	66	66	
OFFICE SUPPLIES	253	319	319	
POSTAGE & SHIPPING	20	121	121	
COPIES	101	405	405	
SUPERVISOR FEES	6,480	4,020	4,020	
SUPERVISOR PAYROLL TAXES	‐	308	308	
SUPERVISOR PAYROLL FEEs	‐	62	62	
TRUSTEE SERVICES	3,541	2,114	2,114	
OFFICE RENT	2,528	9,000	9,000	
CONTINUING DISCLOSURE FEE	590	443	443	
CONTINGENCY CHANGE TO GENERAL RESERVES	2,528	62,468	2,528	
TOTAL ADMIN EXPENSES	$	58,770	$	115,863	$	55,923	

	FISCAL YEAR 2022/2023
BUDGET	AMENDED
FINAL BUDGET	YEAR
TO DATE ACTUAL	
				
LAKE MAINTENANCE	50,163	36,840	36,840	
TIM ‐ OPERATIONS (FKA BEEP)	‐	0	‐	
BUILDING, BRIDGE, MONUMENT MAINTENANCE	59,016	0	‐	
MISC MAINTENANCE	‐	340	340	
CONTINGENCY CHANGE TO GENERAL RESERVES	14,164	14,164	14,164	
COMMUNITY AREA MAINTENANCE	7,869	29,484	29,484	
DEVELOPMENT COORDINATOR	12,019	12,019	12,019	
ELECTRIC	13,770	16,240	16,240	
ENGINEERING	19,672	32,535	32,535	
FIELD MANAGEMENT	38,885	38,885	38,885	
FOUNTAIN MAINTENANCE & CHEMICALS	5,902	3,919	3,919	
LANDSCAPING MAINTENANCE & MATERIALS	171,145	205,366	205,366	
IRRIGATION	29,901	30,710	30,710	
IRRIGATION PARTS & REPAIRS	4,918	8,121	8,121	
PEST CONTROL	‐	420	420	
SECURITY	‐	669	669	
SIDEWALK CLEANING	5,902	7,377	7,377	
SIDEWALK REPAIR	8,852	0	‐	
SIGNAGE	1,967	23,625	23,625	
STREETLIGHTS	8,852	22,389	22,389	
STORMWATER MANAGEMENT	1,180	31,531	31,531	
TREE/PLANT REPLACEMENT & TRIM	17,705	28,844	28,844	
TOTAL MAINTENANCE EXPENSES	$	471,882	$	543,479	$	543,479	
				
TOTAL EXPENDITURES	$	530,652	$	659,341	$	599,401	
				
REVENUES LESS EXPENDITURES	$	924,280	$	826,212	$	886,153	
				
BOND PAYMENTS	(820,869)	(817,539)	(817,539)	
				
BALANCE	$	103,411	$	8,673	$	68,613	
				
COUNTY APPRAISER & TAX COLLECTOR FEE	(51,706)	(48,207)	(48,207)	
DISCOUNTS FOR EARLY PAYMENTS	(51,706)	(45,032)	(45,032)	
				
EXCESS/ (SHORTFALL)	$	(0)	$	(84,566)	$	(24,626)	
				
NET EXCESS/ (SHORTFALL)	$	(0)	$	(84,566)	$	(24,626)	

REVENUES	FISCAL YEAR 2022/2023 BUDGET
10/1/22 - 9/30/23	AMENDED FINAL BUDGET
10/1/22 - 9/30/23	YEAR TO DATE ACTUAL
10/1/22 - 9/29/23	
ON‐ROLL ASSESSMENTS ‐ Debt	116,888	112,387	112,387	
ON‐ROLL ASSESSMENTS ‐ ADMIN	73,068	71,794	71,794	
ON‐ROLL ASSESSMENTS ‐ MAINT	44,084	43,316	43,316	
ON‐ROLL ASSESSMENTS ‐ TIM	69,678	68,464	68,464	
STORMWATER	21,261	25,115	25,115	
INTEREST INCOME	0	8,919	8,919	
OTHER	0	30,129	30,129	
DEVELOPER CONTRIBUTION ‐ TIM	0	319,891	319,891	
TOTAL REVENUES	$	324,980	$	680,015	$	680,015	
				
EXPENDITURES				
AUDIT	5,500	4,172	4,172	
BANK FEES	88	0	‐	
DISSEMINATION AGENT	52	0	‐	
DISTRICT COUNSEL	10,511	4,511	4,511	
MANAGEMENT	12,635	12,635	12,635	
ASSESSMENT ROLL	1,314	1,314	1,314	
DUES, LICENSES & FEES	175	175	175	
ENGINEERING	6,570	6,585	6,585	
GENERAL INSURANCE	14,566	14,173	14,173	
WEB SITE MAINTENANCE	750	750	750	
LEGAL ADVERTISING	854	569	569	
MISCELLANEOUS	‐	2,203	2,203	
TRAVEL AND PER DIEM	131	109	109	
FINANCIAL ADVISORY FEES	‐	11	11	
ARBITRAGE	‐	85	85	
OFFICE SUPPLIES	328	414	414	
POSTAGE & SHIPPING	26	157	157	
COPIES	131	527	527	
SUPERVISOR FEES	6,480	4,020	4,020	
SUPERVISOR PAYROLL TAXES	‐	308	308	
SUPERVISOR PAYROLL FEEs	‐	62	62	
TRUSTEE SERVICES	464	2,747	2,747	
OFFICE RENT	3,285	11,696	11,696	
CONTINUING DISCLOSURE FEE	77	58	58	
CONTINGENCY CHANGE TO GENERAL RESERVES	3,285	23,538	3,285	
TOTAL ADMIN EXPENSES	$	67,222	$	90,819	$	70,566	

	FISCAL YEAR 2022/2023
BUDGET	AMENDED
FINAL BUDGET	YEAR
TO DATE ACTUAL	
				
LAKE MAINTENANCE	6,572	4,826	4,826	
TIM ‐ OPERATIONS (FKA BEEP)	69,678	60,770	60,770	
BUILDING, BRIDGE, MONUMENT MAINTENANCE	7,731	0	‐	
MISC MAINTENANCE	‐	45	45	
CONTINGENCY CHANGE TO GENERAL RESERVES	1,856	1,856	1,856	
COMMUNITY AREA MAINTENANCE	1,031	3,863	3,863	
DEVELOPMENT COORDINATOR	1,575	1,575	1,575	
ELECTRIC	1,804	2,128	2,128	
ENGINEERING	2,577	4,262	4,262	
FIELD MANAGEMENT	5,094	5,094	5,094	
FOUNTAIN MAINTENANCE & CHEMICALS	773	513	513	
LANDSCAPING MAINTENANCE & MATERIALS	22,421	26,904	26,904	
IRRIGATION	3,917	4,023	4,023	
IRRIGATION PARTS & REPAIRS	644	1,064	1,064	
PEST CONTROL	‐	55	55	
SECURITY	‐	88	88	
SIDEWALK CLEANING	773	966	966	
SIDEWALK REPAIR	1,160	0		
SIGNAGE	258	3,095	3,095	
STREETLIGHTS	1,160	2,933	2,933	
STORMWATER MANAGEMENT	155	4,131	4,131	
TREE/PLANT REPLACEMENT & TRIM	2,319	3,779	3,779	
TOTAL MAINTENANCE EXPENSES	$	131,497	$	131,968	$	131,968	
				
TOTAL EXPENDITURES	$	198,719	$	222,787	$	202,534	
				
REVENUES LESS EXPENDITURES	$	126,261	$	457,228	$	477,482	
				
BOND PAYMENTS	(107,537)	(107,101)	(107,101)	
				
BALANCE	$	18,723	$	350,127	$	370,380	
				
COUNTY APPRAISER & TAX COLLECTOR FEE	(9,362)	(8,728)	(8,728)	
DISCOUNTS FOR EARLY PAYMENTS	(9,362)	(8,154)	(8,154)	
				
EXCESS/ (SHORTFALL)	$	0	$	333,245	$	353,498	
				
NET EXCESS/ (SHORTFALL)	$	0	$	333,245	$	353,498	

REVENUES	FISCAL YEAR 2022/2023 BUDGET
10/1/22 - 9/30/23	AMENDED FINAL BUDGET
10/1/22 - 9/30/23	YEAR TO DATE ACTUAL
10/1/22 - 9/29/23	
ON‐ROLL ASSESSMENTS ‐ Debt	0	0	0	
ON‐ROLL ASSESSMENTS ‐ ADMIN	54,691	53,737	53,737	
ON‐ROLL ASSESSMENTS ‐ MAINT	0	0	0	
ON‐ROLL ASSESSMENTS ‐ TIM	49,168	48,311	48,311	
STORMWATER	0	0	0	
INTEREST INCOME	0	5,014	5,014	
OTHER	0	21,260	21,260	
DEVELOPER CONTRIBUTION ‐ TIM	0	225,730	225,730	
TOTAL REVENUES	$	103,859	$	354,052	$	354,052	
				
EXPENDITURES				
AUDIT	5,000	2,944	2,944	
BANK FEES	62	0	‐	
DISSEMINATION AGENT	‐	0	‐	
DISTRICT COUNSEL	7,417	3,183	3,183	
MANAGEMENT	8,916	8,916	8,916	
ASSESSMENT ROLL	927	927	927	
DUES, LICENSES & FEES	175	175	175	
ENGINEERING	4,636	4,647	4,647	
GENERAL INSURANCE	10,278	10,001	10,001	
WEB SITE MAINTENANCE	750	750	750	
LEGAL ADVERTISING	603	402	402	
MISCELLANEOUS		1,555	1,555	
TRAVEL AND PER DIEM	93	77	77	
FINANCIAL ADVISORY FEES		8	8	
ARBITRAGE		60	60	
OFFICE SUPPLIES	232	292	292	
POSTAGE & SHIPPING	19	111	111	
COPIES	93	372	372	
SUPERVISOR FEES	6,480	4,020	4,020	
SUPERVISOR PAYROLL TAXES	‐	308	308	
SUPERVISOR PAYROLL FEEs	‐	62	62	
TRUSTEE SERVICES	‐	1,939	1,939	
OFFICE RENT	2,318	8,253	8,253	
CONTINUING DISCLOSURE FEE	‐	0	‐	
CONTINGENCY CHANGE TO GENERAL RESERVES	2,318	16,448	2,318	
TOTAL ADMIN EXPENSES	$	50,315	$	65,448	$	51,318	

	FISCAL YEAR 2022/2023
BUDGET	AMENDED
FINAL BUDGET	YEAR
TO DATE ACTUAL	
				
LAKE MAINTENANCE	‐	‐	‐	
TIM ‐ OPERATIONS (FKA BEEP)	49,168	42,882	42,882	
BUILDING, BRIDGE, MONUMENT MAINTENANCE	‐	‐	‐	
MISC MAINTENANCE	‐	‐	‐	
CONTINGENCY CHANGE TO GENERAL RESERVES	‐	‐	‐	
COMMUNITY AREA MAINTENANCE	‐	‐	‐	
DEVELOPMENT COORDINATOR	‐	‐	‐	
ELECTRIC	‐	‐	‐	
ENGINEERING	‐	‐	‐	
FIELD MANAGEMENT	‐	‐	‐	
FOUNTAIN MAINTENANCE & CHEMICALS	‐	‐	‐	
LANDSCAPING MAINTENANCE & MATERIALS	‐	‐	‐	
IRRIGATION	‐	‐	‐	
IRRIGATION PARTS & REPAIRS	‐	‐	‐	
PEST CONTROL	‐	‐	‐	
SECURITY	‐	‐	‐	
SIDEWALK CLEANING	‐	‐	‐	
SIDEWALK REPAIR	‐	‐	‐	
SIGNAGE	‐	‐	‐	
STREETLIGHTS	‐	‐	‐	
STORMWATER MANAGEMENT	‐	‐	‐	
TREE/PLANT REPLACEMENT & TRIM	‐	‐	‐	
TOTAL MAINTENANCE EXPENSES	$	49,168	$	42,882	$	42,882	
				
TOTAL EXPENDITURES	$	99,484	$	108,329	$	94,199	
				
REVENUES LESS EXPENDITURES	$	4,375	$	245,723	$	259,853	
				
BOND PAYMENTS	‐	0	0	
				
BALANCE	$	4,375	$	245,723	$	259,853	
				
COUNTY APPRAISER & TAX COLLECTOR FEE	(2,188)	(2,040)	(2,040)	
DISCOUNTS FOR EARLY PAYMENTS	(2,188)	(1,906)	(1,906)	
				
EXCESS/ (SHORTFALL)	$	0	$	241,777	$	255,907	
				
NET EXCESS/ (SHORTFALL)	$	0	$	241,777	$	255,907	

REVENUES	FISCAL YEAR 2022/2023 BUDGET
10/1/22 - 9/30/23	AMENDED FINAL BUDGET
10/1/22 - 9/30/23	YEAR TO DATE ACTUAL
10/1/22 - 9/29/23	
ON‐ROLL ASSESSMENTS ‐ Debt	0	0	0	
ON‐ROLL ASSESSMENTS ‐ ADMIN	39,189	38,506	38,506	
ON‐ROLL ASSESSMENTS ‐ MAINT	0	0	0	
ON‐ROLL ASSESSMENTS ‐ TIM	30,672	30,137	30,137	
STORMWATER		0	0	
INTEREST INCOME		3,416	3,416	
OTHER	0	13,262	13,262	
DEVELOPER CONTRIBUTION ‐ TIM		140,816	140,816	
TOTAL REVENUES	$	69,861	$	226,137	$	226,137	
				
EXPENDITURES				
AUDIT	5,000	1,836	1,836	
BANK FEES	39	0	‐	
DISSEMINATION AGENT	‐	0	‐	
DISTRICT COUNSEL	4,627	1,986	1,986	
MANAGEMENT	5,562	5,562	5,562	
ASSESSMENT ROLL	578	578	578	
DUES, LICENSES & FEES	175	175	175	
ENGINEERING	2,892	2,899	2,899	
GENERAL INSURANCE	6,412	6,239	6,239	
WEB SITE MAINTENANCE	750	750	750	
LEGAL ADVERTISING	376	251	251	
MISCELLANEOUS	‐	970	970	
TRAVEL AND PER DIEM	58	48	48	
FINANCIAL ADVISORY FEES	‐	5	5	
ARBITRAGE	‐	38	38	
OFFICE SUPPLIES	145	182	182	
POSTAGE & SHIPPING	12	69	69	
COPIES	58	232	232	
SUPERVISOR FEES	6,480	4,020	4,020	
SUPERVISOR PAYROLL TAXES	‐	308	308	
SUPERVISOR PAYROLL FEEs	‐	62	62	
TRUSTEE SERVICES	‐	1,209	1,209	
OFFICE RENT	1,446	5,149	5,149	
CONTINUING DISCLOSURE FEE	‐	0	‐	
CONTINGENCY CHANGE TO GENERAL RESERVES	1,446	12,869	6,307	
TOTAL ADMIN EXPENSES	$	36,053	$	45,435	$	38,873	

	FISCAL YEAR 2022/2023
BUDGET	AMENDED
FINAL BUDGET	YEAR
TO DATE ACTUAL	
				
LAKE MAINTENANCE	‐	‐	‐	
TIM ‐ OPERATIONS (FKA BEEP)	30,672	26,750	26,750	
BUILDING, BRIDGE, MONUMENT MAINTENANCE	‐	‐	‐	
MISC MAINTENANCE	‐	‐	‐	
CONTINGENCY CHANGE TO GENERAL RESERVES	‐	‐	‐	
COMMUNITY AREA MAINTENANCE	‐	‐	‐	
DEVELOPMENT COORDINATOR	‐	‐	‐	
ELECTRIC	‐	‐	‐	
ENGINEERING	‐	‐	‐	
FIELD MANAGEMENT	‐	‐	‐	
FOUNTAIN MAINTENANCE & CHEMICALS	‐	‐	‐	
LANDSCAPING MAINTENANCE & MATERIALS	‐	‐	‐	
IRRIGATION	‐	‐	‐	
IRRIGATION PARTS & REPAIRS	‐	‐	‐	
PEST CONTROL	‐	‐	‐	
SECURITY	‐	‐	‐	
SIDEWALK CLEANING	‐	‐	‐	
SIDEWALK REPAIR	‐	‐	‐	
SIGNAGE	‐	‐	‐	
STREETLIGHTS	‐	‐	‐	
STORMWATER MANAGEMENT	‐	‐	‐	
TREE/PLANT REPLACEMENT & TRIM	‐	‐	‐	
TOTAL MAINTENANCE EXPENSES	$	30,672	$	26,750	$	26,750	
				
TOTAL EXPENDITURES	$	66,726	$	72,185	$	65,623	
				
REVENUES LESS EXPENDITURES	$	3,135	$	153,953	$	160,515	
				
BOND PAYMENTS	0	0	0	
				
BALANCE	$	3,135	$	153,953	$	160,515	
				
COUNTY APPRAISER & TAX COLLECTOR FEE	(1,568)	(1,462)	(1,462)	
DISCOUNTS FOR EARLY PAYMENTS	(1,568)	(1,366)	(1,366)	
				
EXCESS/ (SHORTFALL)	$	(0)	$	151,125	$	157,687	
				
NET EXCESS/ (SHORTFALL)	$	(0)	$	151,125	$	157,687	

REVENUES	FISCAL YEAR 2022/2023 BUDGET
10/1/22 - 9/30/23	AMENDED FINAL BUDGET
10/1/22 - 9/30/23	YEAR TO DATE ACTUAL
10/1/22 - 9/29/23	
ON‐ROLL ASSESSMENTS ‐ Debt	1,057,041	1,016,338	1,016,338	
ON‐ROLL ASSESSMENTS ‐ ADMIN	122,536	120,400	120,400	
ON‐ROLL ASSESSMENTS ‐ MAINT	80,380	78,979	78,979	
ON‐ROLL ASSESSMENTS ‐ TIM	128,071	125,839	125,839	
STORMWATER	38,766	45,794	45,794	
INTEREST INCOME	0	15,682	15,682	
OTHER	0	55,377	55,377	
DEVELOPER CONTRIBUTION ‐ TIM	0	587,972	587,972	
TOTAL REVENUES	$	1,426,795	$	2,046,382	$	2,046,382	
				
EXPENDITURES				
AUDIT	5,500	7,668	7,668	
BANK FEES	162	0	‐	
DISSEMINATION AGENT	94	0	‐	
DISTRICT COUNSEL	19,320	8,292	8,292	
MANAGEMENT	23,223	23,223	23,223	
ASSESSMENT ROLL	2,415	2,415	2,415	
DUES, LICENSES & FEES	175	175	175	
ENGINEERING	12,075	12,103	12,103	
GENERAL INSURANCE	26,773	26,050	26,050	
WEB SITE MAINTENANCE	750	750	750	
LEGAL ADVERTISING	1,570	1,046	1,046	
MISCELLANEOUS	‐	4,050	4,050	
TRAVEL AND PER DIEM	242	200	200	
FINANCIAL ADVISORY FEES	‐	21	21	
ARBITRAGE	‐	157	157	
OFFICE SUPPLIES	604	762	762	
POSTAGE & SHIPPING	48	289	289	
COPIES	242	968	968	
SUPERVISOR FEES	6,480	4,020	4,020	
SUPERVISOR PAYROLL TAXES	‐	308	308	
SUPERVISOR PAYROLL FEEs	‐	62	62	
TRUSTEE SERVICES	846	5,049	5,049	
OFFICE RENT	6,038	21,498	21,498	
CONTINUING DISCLOSURE FEE	141	106	106	
CONTINGENCY CHANGE TO GENERAL RESERVES	6,038	40,748	4,558	
TOTAL ADMIN EXPENSES	$	112,733	$	159,958	$	123,768	

	FISCAL YEAR 2022/2023
BUDGET	AMENDED
FINAL BUDGET	YEAR
TO DATE ACTUAL	
				
LAKE MAINTENANCE	11,982	8,800	8,800	
TIM ‐ OPERATIONS (FKA BEEP)	128,071	111,697	111,697	
BUILDING, BRIDGE, MONUMENT MAINTENANCE	14,097	‐	‐	
MISC MAINTENANCE	‐	81	81	
CONTINGENCY CHANGE TO GENERAL RESERVES	3,383	‐	‐	
COMMUNITY AREA MAINTENANCE	1,880	7,043	7,043	
DEVELOPMENT COORDINATOR	2,871	2,871	2,871	
ELECTRIC	3,289	3,879	3,879	
ENGINEERING	4,699	7,772	7,772	
FIELD MANAGEMENT	9,288	9,288	9,288	
FOUNTAIN MAINTENANCE & CHEMICALS	1,410	936	936	
LANDSCAPING MAINTENANCE & MATERIALS	40,881	49,055	49,055	
IRRIGATION	7,142	7,336	7,336	
IRRIGATION PARTS & REPAIRS	1,175	1,940	1,940	
PEST CONTROL	‐	100	100	
SECURITY	‐	160	160	
SIDEWALK CLEANING	1,410	1,762	1,762	
SIDEWALK REPAIR	2,115	‐	‐	
SIGNAGE	470	5,643	5,643	
STREETLIGHTS	2,115	5,348	5,348	
STORMWATER MANAGEMENT	282	7,532	7,532	
TREE/PLANT REPLACEMENT & TRIM	4,229	6,890	6,890	
TOTAL MAINTENANCE EXPENSES	$	240,787	$	238,131	$	238,131	
				
TOTAL EXPENDITURES	$	353,521	$	398,089	$	361,899	
				
REVENUES LESS EXPENDITURES	$	1,073,275	$	1,648,293	$	1,684,482	
				
BOND PAYMENTS	(972,478)	(968,533)	(968,533)	
				
BALANCE	$	100,797	$	679,759	$	715,949	
				
COUNTY APPRAISER & TAX COLLECTOR FEE	(50,398)	(46,988)	(46,988)	
DISCOUNTS FOR EARLY PAYMENTS	(50,398)	(43,893)	(43,893)	
				
EXCESS/ (SHORTFALL)	$	0	$	588,879	$	625,069	
				
NET EXCESS/ (SHORTFALL)	$	0	$	588,879	$	625,069	

AMENDED FINAL BUDGET
TRADITION COMMUNITY DEVELOPMENT DISTRICT IRRIGATION UTILITY
FISCAL YEAR 2022/2023 OCTOBER 1, 2022 ‐ SEPTEMBER 30, 2023

REVENUES	FISCAL YEAR 2022/2023 BUDGET
10/1/22 - 9/30/23	AMENDED FINAL BUDGET
10/1/22 - 9/30/23	YEAR TO DATE ACTUAL
10/1/22 - 9/29/23	
SERVICE CHARGE	1,650,000	1,927,309	1,927,309	
ENGINEERING REVENUE FEES	17,338	0	0	
CAPACITY REVENUE	0	0	0	
OTHER INCOME	0	0	0	
INTEREST INCOME	0	49,621	49,621	
TOTAL REVENUES	$	1,667,338	$	1,976,930	$	1,976,930	
				
EXPENDITURES				
BAD DEBT	65,000	0	0	
BANK FEES	1,250	0	0	
CITY FRANCHISE FEE	109,421	157,656	157,656	
CONTINGENCY	26,046	4,722	4,722	
DEVELOPMENT COORDINATOR	61,100	61,100	61,100	
DUES, LICENSES, FEES	2,300	0	0	
ELECTRIC	105,000	146,287	146,287	
ENGINEERING	40,000	84,675	84,675	
FIELD OPERATIONS	0	0	0	
FIELD SUPPLIES (OTHER)	2,000	0	0	
GENERAL INSURANCE	21,102	0	0	
GENERAL REPAIR & MAINTENANCE	153,000	180,667	180,667	
HVAC	4,500	0	0	
LANDSCAPING MAINTENANCE & MATERIAL	11,000	0	0	
MANAGEMENT	366,742	366,742	366,742	
OFFICE SUPPLIES	250	622	622	
OPERATING RESERVES/MISC	40,000	0	0	
OTHER SYSTEM IMPROVEMENTS	75,000	155,000	0	
OTHER UTILITIES	1,550	0	0	
POSTAGE AND SHIPPING	253	231	231	
PROFESSIONAL SERVICES, OTHER	5,000	16,225	16,225	
RENEWAL AND REPLACEMENT	200,000	515,997	515,997	
TELEPHONE	1,930	0	0	
TRAVEL AND PER DIEM	400	36	36	
TRUSTEE SERVICES	5,000	4,246	4,246	
VEHICLE, GAS, & REPAIR	1,000	0	0	
WATER	170	284	284	
TOTAL EXPENDITURES	$	1,299,013	$	1,694,490	$	1,539,490	
				
REVENUES LESS EXPENDITURES	$	368,325	$	282,440	$	437,440	
				
BOND PAYMENTS (2017 Series)	(368,325)	(368,925)	(368,925)	
				
BALANCE	$	(0)	$	(86,485)	$	68,515	
				
EXCESS/ (SHORTFALL)	$	(0)	$	(86,485)	$	68,515	

FUND BALANCE AS OF 9/30/22	
FY 2022/2023 ACTIVITY	
FUND BALANCE AS OF 9/30/23	

$	1,187,470	
$	(86,485)	
$	1,100,985	

	Series 2017 Bond		
Original Par Amount =	$6,095,000	Annual Principal Pmt Due= 1st of October	
Average Interest Rate =	4.468%	Annual Interest Pmts Due= 1st of April and October	
Issue Date =	2017		
Maturity Date =	2047		
Par Amount As Of 9/30/23	$6,095,000