Tradition Community Development Districts #1-11

Amended Final Budget For Fiscal Year 2023/2024
October 1, 2023 - September 30, 2024

3-4	FINAL AMENDED BUDGET-RECAP CDD1-11
5	FINAL AMENDED DEBT SERVICE FUND BUDGET- CDD 1-11
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 BUDGET-CDD 10
26-27 FINAL AMENDED BUDGET-CDD 11
28	FINAL AMENDED BUDGET- IRRIGATION

REVENUES	FISCAL YEAR 2023/2024 ANNUAL BUDGET
10/01/23 - 09/30/24	AMENDED FINAL BUDGET
10/01/23 - 09/30/24	YEAR TO DATE ACTUAL
10/01/23 - 09/29/24	
ON-ROLL ASSESSMENTS - Debt	5,440,105	5,471,813	5,471,813	
ON-ROLL ASSESSMENTS - ADMIN	538,664	576,298	576,298	
ON-ROLL ASSESSMENTS - MAINT	1,922,785	2,057,120	2,057,120	
ON-ROLL ASSESSMENTS - TIM	163,587	175,016	175,016	
STORMWATER	975,000	1,264,761	1,264,761	
OTHER INCOME	60,000	515,570	318,931	
DEVELOPER CONTRIBUTION - TIM	0	0	0	
Total Revenues	$	9,100,142	$	10,060,578	$	9,863,939	
				
EXPENDITURES - ADMIN				
AUDIT	55,000	55,000	33,300	
DISSEMINATION AGENT	3,000	3,000	0	
DISTRICT COUNSEL	80,000	80,000	35,545	
MANAGEMENT	108,046	108,046	96,161	
ASSESSMENT ROLL	10,000	10,000	10,000	
DUES, LICENSES & FEES	1,925	1,925	1,925	
ENGINEERING	50,000	91,252	91,252	
GENERAL INSURANCE	120,000	123,014	123,014	
WEB SITE MAINTENANCE	8,250	8,250	7,500	
LEGAL ADVERTISING	6,500	6,500	2,362	
TRAVEL AND PER DIEM	1,000	1,000	288	
OFFICE SUPPLIES	2,500	2,696	2,696	
POSTAGE & SHIPPING	350	1,268	1,268	
COPIES	3,000	3,000	2,441	
SUPERVISOR FEES	60,000	60,000	35,389	
TRUSTEE SERVICES	18,000	18,000	16,663	
OFFICE RENT	25,000	95,424	95,424	
CONTINUING DISCLOSURE FEE	3,000	3,000	2,000	
ARBITRAGE REBATE FEE	0	650	650	
TOTAL ADMIN EXPENSES	555,571	672,025	557,878	

	FISCAL YEAR 2023/2024
ANNUAL BUDGET	AMENDED
FINAL BUDGET	YEAR
TO DATE ACTUAL	
				
EXPENDITURES - MAINT				
LAKE MAINTENANCE	304,696	304,696	259,433	
TIM OPERATIONS	150,500	393,488	393,488	
BUILDING, BRIDGE, MONUMENT MAINTEN	265,000	265,000	0	
MAINT RESERVES	72,000	310,000	0	
COMMUNITY AREA MAINTENANCE	50,000	174,239	174,239	
DEVELOPMENT COORDINATOR	31,467	31,467	31,464	
ELECTRIC	87,000	87,000	79,367	
ENGINEERING	100,000	155,299	155,299	
FIELD MANAGEMENT	240,000	240,000	197,667	
FOUNTAIN MAINTENANCE & CHEMICALS	30,000	30,000	2,433	
LANDSCAPING MAINTENANCE & MATERIA	896,100	1,032,926	1,032,926	
IRRIGATION	152,000	167,660	167,660	
IRRIGATION PARTS & REPAIRS	75,000	132,457	132,457	
SIDEWALK CLEANING	30,000	30,000	30,000	
SIDEWALK REPAIR	60,000	60,000	33,612	
SIGNAGE	10,000	10,678	10,678	
STREETLIGHTS	45,000	98,811	98,811	
STORMWATER MANAGEMENT	95,700	538,511	538,511	
TREE/PLANT REPLACEMENT & TRIM	200,000	281,462	281,462	
TOTAL MAINTENANCE EXPENSES	2,894,463	4,343,695	3,619,508	

Total Expenditures	$	3,450,034	$	5,015,720	$	4,177,386	

EXCESS / (SHORTFALL)	$	5,650,108	$	5,044,858	$	5,686,553	
				
PAYMENT TO TRUSTEE	(5,004,897)	(5,179,997)	(5,179,997)	
				
BALANCE	$	645,211	$	(135,139)	$	506,556	
				
COUNTY APPRAISER & TAX COLLECTOR FEE	(322,606)	(316,791)	(316,791)	
DISCOUNTS FOR EARLY PAYMENTS	(322,606)	(294,211)	(294,211)	
				
NET EXCESS / (SHORTFALL)	$	-	$	(746,141)	$	(104,445)	

FUND BALANCE AS OF 9/30/23	
FY 2023/2024 ACTIVITY	
FUND BALANCE AS OF 9/30/24	

1,123,769	
(746,141)	
377,628	

AMENDED FINAL BUDGET
TRADITION COMMUNITY DEVELOPMENT DISTRICT 1-11 DEBT SERVICE FUND (SERIES 2014 BOND and 2021 BOND) FISCAL YEAR 2023/2024
OCTOBER 1, 2023 - SEPTEMBER 30, 2024

REVENUES	FISCAL YEAR 2023/2024 BUDGET
10/1/23 - 9/30/24	AMENDED FINAL BUDGET
10/1/23 - 9/30/24	YEAR TO DATE ACTUAL
10/1/23 - 9/29/24	
Debt Assessments (Net of Discounts and Fees)*	5,004,897	5,179,997	5,179,997	
Prepayments	0	16,559	16,559	
Total Revenues	$	5,004,897	$	5,196,556	$	5,196,556	
				
EXPENDITURES				
Bond Payments (Includes Extra Redemption)	5,004,897	5,179,997	5,179,997	
Prepayments to Trustee	0	16,559	16,559	
Prepayments to be sent to Trustee	0	0	0	
Total Expenditures	$	5,004,897	$	5,196,556	$	5,196,556	
				
TOTAL	$	-	$	-	$	-	

*Includes Direct Billed Debt		
Series 2014 Reserve Fund Balance as of 9/30/24:	$	1,000,000.00	
Series 2021 Reserve Fund Balance as of 9/30/24:	$	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 9/30/24 =	$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 9/30/24 =	$17,755,000	(1st principal payment 11/1/24)

REVENUES	FISCAL YEAR 2023/2024 ANNUAL BUDGET
10/01/23 - 09/30/24	AMENDED FINAL BUDGET
10/01/23 - 09/30/24	YEAR TO DATE ACTUAL
10/01/23 - 09/29/24	
ON-ROLL ASSESSMENTS - Debt	4,630	4,657	4,657	
ON-ROLL ASSESSMENTS - ADMIN	3,802	4,068	4,068	
ON-ROLL ASSESSMENTS - MAINT	1,637	1,751	1,751	
ON-ROLL ASSESSMENTS - TIM	2,036	2,179	2,179	
STORMWATER	830	1,076	1,076	
OTHER INCOME	424	4,699	2,251	
DEVELOPER CONTRIBUTION - TIM	0	0	0	
Total Revenues	$	13,358	$	18,430	$	15,982	
				
EXPENDITURES - ADMIN				
AUDIT	388	388	235	
DISSEMINATION AGENT	21	21	0	
DISTRICT COUNSEL	565	565	251	
MANAGEMENT	763	763	679	
ASSESSMENT ROLL	71	71	71	
DUES, LICENSES & FEES	14	14	14	
ENGINEERING	353	644	644	
GENERAL INSURANCE	847	868	868	
WEB SITE MAINTENANCE	58	58	53	
LEGAL ADVERTISING	46	46	17	
TRAVEL AND PER DIEM	7	7	2	
OFFICE SUPPLIES	18	19	19	
POSTAGE & SHIPPING	2	9	9	
COPIES	21	21	17	
SUPERVISOR FEES	424	424	250	
TRUSTEE SERVICES	127	127	118	
OFFICE RENT	176	674	674	
CONTINUING DISCLOSURE FEE	21	21	14	
ARBITRAGE REBATE FEE	0	5	5	
TOTAL ADMIN EXPENSES	3,921	4,743	3,938	

	FISCAL YEAR 2023/2024 ANNUAL BUDGET
10/01/23 - 09/30/24	AMENDED FINAL BUDGET
10/01/23 - 09/30/24	YEAR TO DATE ACTUAL
10/01/23 - 09/29/24	
EXPENDITURES - MAINT				
LAKE MAINTENANCE	259	259	221	
TIM OPERATIONS	1,873	4,898	4,898	
BUILDING, BRIDGE, MONUMENT MAINTEN	226	226	0	
CONTINGENCY - MAINTENANCE	61	2,500	0	
COMMUNITY AREA MAINTENANCE	43	148	148	
DEVLOPMENT COORDINATOR	27	27	27	
ELECTRIC	74	74	68	
ENGINEERING	85	132	132	
FIELD MANAGEMENT	204	204	168	
FOUNTAIN MAINTENANCE & CHEMICALS	26	26	2	
LANDSCAPING MAINTENANCE & MATERIA	763	879	879	
IRRIGATION	129	143	143	
IRRIGATION PARTS & REPAIRS	64	113	113	
SIDEWALK CLEANING	26	26	26	
SIDEWALK REPAIR	51	51	29	
SIGNAGE	9	9	9	
STREETLIGHTS	38	84	84	
STORMWATER MANAGEMENT	81	458	458	
TREE/PLANT REPLACEMENT & TRIM	170	240	240	
TOTAL MAINTENANCE EXPENSES	4,209	10,496	7,644	

Total Expenditures	$	8,130	$	15,240	$	11,581	

EXCESS / (SHORTFALL)	$	5,228	$	3,190	$	4,401	
				
PAYMENT TO TRUSTEE	(4,260)	(4,409)	(4,409)	
				
BALANCE	$	968	$	(1,219)	$	(8)	
				
COUNTY APPRAISER & TAX COLLECTOR FEE	(484)	(484)	(484)	
DISCOUNTS FOR EARLY PAYMENTS	(484)	(450)	(450)	
				
NET EXCESS / (SHORTFALL)	$	-	$	(2,153)	$	(942)	

REVENUES	FISCAL YEAR 2023/2024 ANNUAL BUDGET
10/01/23 - 09/30/24	AMENDED FINAL BUDGET
10/01/23 - 09/30/24	YEAR TO DATE ACTUAL
10/01/23 - 09/29/24	
ON-ROLL ASSESSMENTS - Debt	394,573	396,872	396,872	
ON-ROLL ASSESSMENTS - ADMIN	19,914	21,305	21,305	
ON-ROLL ASSESSMENTS - MAINT	139,460	149,204	149,204	
ON-ROLL ASSESSMENTS - TIM	10,665	11,410	11,410	
STORMWATER	70,717	91,734	91,734	
OTHER INCOME	2,218	24,610	11,790	
DEVELOPER CONTRIBUTION - TIM	0	0	0	
Total Revenues	$	637,547	$	695,134	$	682,315	
				
EXPENDITURES - ADMIN				
AUDIT	2,033	2,033	1,231	
DISSEMINATION AGENT	111	111	0	
DISTRICT COUNSEL	2,957	2,957	1,314	
MANAGEMENT	3,994	3,994	3,555	
ASSESSMENT ROLL	370	370	370	
DUES, LICENSES & FEES	71	71	71	
ENGINEERING	1,848	3,373	3,373	
GENERAL INSURANCE	4,436	4,548	4,548	
WEB SITE MAINTENANCE	305	305	277	
LEGAL ADVERTISING	240	240	87	
TRAVEL AND PER DIEM	37	37	11	
OFFICE SUPPLIES	92	100	100	
POSTAGE & SHIPPING	13	47	47	
COPIES	111	111	90	
SUPERVISOR FEES	2,218	2,218	1,308	
TRUSTEE SERVICES	665	665	616	
OFFICE RENT	924	3,528	3,528	
CONTINUING DISCLOSURE FEE	111	111	74	
ARBITRAGE REBATE FEE	0	24	24	
TOTAL ADMIN EXPENSES	20,539	24,844	20,624	

	FISCAL YEAR 2023/2024 ANNUAL BUDGET
10/01/23 - 09/30/24	AMENDED FINAL BUDGET
10/01/23 - 09/30/24	YEAR TO DATE ACTUAL
10/01/23 - 09/29/24	
EXPENDITURES - MAINT				
LAKE MAINTENANCE	22,100	22,100	18,817	
TIM OPERATIONS	9,812	25,653	25,653	
BUILDING, BRIDGE, MONUMENT MAINTEN	19,221	19,221	0	
CONTINGENCY - MAINTENANCE	5,222	22,000	0	
COMMUNITY AREA MAINTENANCE	3,627	12,638	12,638	
DEVLOPMENT COORDINATOR	2,282	2,282	2,282	
ELECTRIC	6,310	6,310	5,757	
ENGINEERING	7,253	11,264	11,264	
FIELD MANAGEMENT	17,407	17,407	14,337	
FOUNTAIN MAINTENANCE & CHEMICALS	2,176	2,176	176	
LANDSCAPING MAINTENANCE & MATERIA	64,994	74,919	74,919	
IRRIGATION	11,025	12,160	12,160	
IRRIGATION PARTS & REPAIRS	5,440	9,607	9,607	
SIDEWALK CLEANING	2,176	2,176	2,176	
SIDEWALK REPAIR	4,352	4,352	2,438	
SIGNAGE	725	774	774	
STREETLIGHTS	3,264	7,167	7,167	
STORMWATER MANAGEMENT	6,941	39,058	39,058	
TREE/PLANT REPLACEMENT & TRIM	14,506	20,415	20,415	
TOTAL MAINTENANCE EXPENSES	208,832	311,678	259,637	

Total Expenditures	$	229,371	$	336,522	$	280,261	

EXCESS / (SHORTFALL)	$	408,176	$	358,612	$	402,054	
				
PAYMENT TO TRUSTEE	(363,007)	(375,707)	(375,707)	
				
BALANCE	$	45,169	$	(17,095)	$	26,347	
				
COUNTY APPRAISER & TAX COLLECTOR FEE	(22,584)	(22,144)	(22,144)	
DISCOUNTS FOR EARLY PAYMENTS	(22,584)	(20,565)	(20,565)	
				
NET EXCESS / (SHORTFALL)	$	-	$	(59,804)	$	(16,362)	

REVENUES	FISCAL YEAR 2023/2024 ANNUAL BUDGET
10/01/23 - 09/30/24	AMENDED FINAL BUDGET
10/01/23 - 09/30/24	YEAR TO DATE ACTUAL
10/01/23 - 09/29/24	
ON-ROLL ASSESSMENTS - Debt	870,654	875,729	875,729	
ON-ROLL ASSESSMENTS - ADMIN	59,123	63,253	63,253	
ON-ROLL ASSESSMENTS - MAINT	307,730	329,229	329,229	
ON-ROLL ASSESSMENTS - TIM	0	0	0	
STORMWATER	156,043	202,417	202,417	
OTHER INCOME	6,585	35,005	35,005	
DEVELOPER CONTRIBUTION - TIM	0	0	0	
Total Revenues	$	1,400,135	$	1,505,633	$	1,505,633	
				
EXPENDITURES - ADMIN				
AUDIT	6,037	6,037	3,655	
DISSEMINATION AGENT	329	329	0	
DISTRICT COUNSEL	8,781	8,781	3,901	
MANAGEMENT	11,859	11,859	10,554	
ASSESSMENT ROLL	1,098	1,098	1,098	
DUES, LICENSES & FEES	211	211	211	
ENGINEERING	5,488	10,016	10,016	
GENERAL INSURANCE	13,171	13,502	13,502	
WEB SITE MAINTENANCE	906	906	823	
LEGAL ADVERTISING	713	713	259	
TRAVEL AND PER DIEM	110	110	32	
OFFICE SUPPLIES	274	296	296	
POSTAGE & SHIPPING	38	139	139	
COPIES	329	329	268	
SUPERVISOR FEES	6,585	6,585	3,884	
TRUSTEE SERVICES	1,976	1,976	1,829	
OFFICE RENT	2,744	10,474	10,474	
CONTINUING DISCLOSURE FEE	329	329	220	
ARBITRAGE REBATE FEE	0	71	71	
TOTAL ADMIN EXPENSES	60,979	73,760	61,232	

	FISCAL YEAR 2023/2024 ANNUAL BUDGET
10/01/23 - 09/30/24	AMENDED FINAL BUDGET
10/01/23 - 09/30/24	YEAR TO DATE ACTUAL
10/01/23 - 09/29/24	
EXPENDITURES - MAINT				
LAKE MAINTENANCE	48,765	48,765	41,521	
TIM OPERATIONS	0	0	0	
BUILDING, BRIDGE, MONUMENT MAINTEN	42,412	42,412	0	
CONTINGENCY - MAINTENANCE	11,523	37,000	0	
COMMUNITY AREA MAINTENANCE	8,002	27,886	27,886	
DEVLOPMENT COORDINATOR	5,036	5,036	5,036	
ELECTRIC	13,924	13,924	12,702	
ENGINEERING	16,004	24,855	24,855	
FIELD MANAGEMENT	38,410	38,410	31,635	
FOUNTAIN MAINTENANCE & CHEMICALS	4,801	4,801	389	
LANDSCAPING MAINTENANCE & MATERIA	143,415	165,313	165,313	
IRRIGATION	24,327	26,833	26,833	
IRRIGATION PARTS & REPAIRS	12,003	21,199	21,199	
SIDEWALK CLEANING	4,801	4,801	4,801	
SIDEWALK REPAIR	9,603	9,603	5,379	
SIGNAGE	1,600	1,709	1,709	
STREETLIGHTS	7,202	15,814	15,814	
STORMWATER MANAGEMENT	15,316	86,185	86,185	
TREE/PLANT REPLACEMENT & TRIM	32,009	45,046	45,046	
TOTAL MAINTENANCE EXPENSES	439,154	619,592	516,304	

Total Expenditures	$	500,132	$	693,352	$	577,536	

EXCESS / (SHORTFALL)	$	900,002	$	812,281	$	928,098	
				
PAYMENT TO TRUSTEE	(801,002)	(829,025)	(829,025)	
				
BALANCE	$	99,001	$	(16,744)	$	99,072	
				
COUNTY APPRAISER & TAX COLLECTOR FEE	(49,500)	(48,520)	(48,520)	
DISCOUNTS FOR EARLY PAYMENTS	(49,500)	(45,062)	(45,062)	
				
NET EXCESS / (SHORTFALL)	$	-	$	(110,326)	$	5,491	

REVENUES	FISCAL YEAR 2023/2024 ANNUAL BUDGET
10/01/23 - 09/30/24	AMENDED FINAL BUDGET
10/01/23 - 09/30/24	YEAR TO DATE ACTUAL
10/01/23 - 09/29/24	
ON-ROLL ASSESSMENTS - Debt	961,320	966,922	966,922	
ON-ROLL ASSESSMENTS - ADMIN	59,836	64,016	64,016	
ON-ROLL ASSESSMENTS - MAINT	339,775	363,513	363,513	
ON-ROLL ASSESSMENTS - TIM	0	0	0	
STORMWATER	172,292	223,496	223,496	
OTHER INCOME	6,665	35,427	35,427	
DEVELOPER CONTRIBUTION - TIM	0	0	0	
Total Revenues	$	1,539,887	$	1,653,375	$	1,653,375	
				
EXPENDITURES - ADMIN				
AUDIT	6,109	6,109	3,699	
DISSEMINATION AGENT	333	333	0	
DISTRICT COUNSEL	8,887	8,887	3,948	
MANAGEMENT	12,002	12,002	10,682	
ASSESSMENT ROLL	1,111	1,111	1,111	
DUES, LICENSES & FEES	214	214	214	
ENGINEERING	5,554	10,136	10,136	
GENERAL INSURANCE	13,330	13,665	13,665	
WEB SITE MAINTENANCE	916	916	833	
LEGAL ADVERTISING	722	722	262	
TRAVEL AND PER DIEM	111	111	32	
OFFICE SUPPLIES	278	299	299	
POSTAGE & SHIPPING	39	141	141	
COPIES	333	333	271	
SUPERVISOR FEES	6,665	6,665	3,931	
TRUSTEE SERVICES	1,999	1,999	1,851	
OFFICE RENT	2,777	10,600	10,600	
CONTINUING DISCLOSURE FEE	333	333	222	
ARBITRAGE REBATE FEE	0	72	72	
TOTAL ADMIN EXPENSES	61,714	74,650	61,970	

	FISCAL YEAR 2023/2024 ANNUAL BUDGET
10/01/23 - 09/30/24	AMENDED FINAL BUDGET
10/01/23 - 09/30/24	YEAR TO DATE ACTUAL
10/01/23 - 09/29/24	
EXPENDITURES - MAINT				
LAKE MAINTENANCE	53,843	53,843	45,844	
TIM OPERATIONS	0	0	0	
BUILDING, BRIDGE, MONUMENT MAINTEN	46,828	46,828	0	
CONTINGENCY - MAINTENANCE	12,723	40,500	0	
COMMUNITY AREA MAINTENANCE	8,835	30,790	30,790	
DEVLOPMENT COORDINATOR	5,560	5,560	5,560	
ELECTRIC	15,374	15,374	14,025	
ENGINEERING	17,671	27,443	27,443	
FIELD MANAGEMENT	42,410	42,410	34,930	
FOUNTAIN MAINTENANCE & CHEMICALS	5,301	5,301	430	
LANDSCAPING MAINTENANCE & MATERIA	158,350	182,528	182,528	
IRRIGATION	26,860	29,627	29,627	
IRRIGATION PARTS & REPAIRS	13,253	23,406	23,406	
SIDEWALK CLEANING	5,301	5,301	5,301	
SIDEWALK REPAIR	10,603	10,603	5,940	
SIGNAGE	1,767	1,887	1,887	
STREETLIGHTS	7,952	17,461	17,461	
STORMWATER MANAGEMENT	16,911	95,160	95,160	
TREE/PLANT REPLACEMENT & TRIM	35,342	49,737	49,737	
TOTAL MAINTENANCE EXPENSES	484,885	683,760	570,069	

Total Expenditures	$	546,599	$	758,410	$	632,039	

EXCESS / (SHORTFALL)	$	993,288	$	894,965	$	1,021,336	
				
PAYMENT TO TRUSTEE	(884,414)	(915,356)	(915,356)	
				
BALANCE	$	108,874	$	(20,391)	$	105,980	
				
COUNTY APPRAISER & TAX COLLECTOR FEE	(54,437)	(53,350)	(53,350)	
DISCOUNTS FOR EARLY PAYMENTS	(54,437)	(49,547)	(49,547)	
				
NET EXCESS / (SHORTFALL)	$	-	$	(123,288)	$	3,083	

REVENUES	FISCAL YEAR 2023/2024 ANNUAL BUDGET
10/01/23 - 09/30/24	AMENDED FINAL BUDGET
10/01/23 - 09/30/24	YEAR TO DATE ACTUAL
10/01/23 - 09/29/24	
ON-ROLL ASSESSMENTS - Debt	959,827	965,421	965,421	
ON-ROLL ASSESSMENTS - ADMIN	59,836	64,016	64,016	
ON-ROLL ASSESSMENTS - MAINT	339,247	362,949	362,949	
ON-ROLL ASSESSMENTS - TIM	0	0	0	
STORMWATER	172,024	223,149	223,149	
OTHER INCOME	6,665	35,427	35,427	
DEVELOPER CONTRIBUTION - TIM	0		0	
Total Revenues	$	1,537,599	$	1,650,962	$	1,650,962	
				
EXPENDITURES - ADMIN				
AUDIT	6,109	6,109	3,699	
DISSEMINATION AGENT	333	333	0	
DISTRICT COUNSEL	8,887	8,887	3,948	
MANAGEMENT	12,002	12,002	10,682	
ASSESSMENT ROLL	1,111	1,111	1,111	
DUES, LICENSES & FEES	214	214	214	
ENGINEERING	5,554	10,136	10,136	
GENERAL INSURANCE	13,330	13,665	13,665	
WEB SITE MAINTENANCE	916	916	833	
LEGAL ADVERTISING	722	722	262	
TRAVEL AND PER DIEM	111	111	32	
OFFICE SUPPLIES	278	299	299	
POSTAGE & SHIPPING	39	141	141	
COPIES	333	333	271	
SUPERVISOR FEES	6,665	6,665	3,931	
TRUSTEE SERVICES	1,999	1,999	1,851	
OFFICE RENT	2,777	10,600	10,600	
CONTINUING DISCLOSURE FEE	333	333	222	
ARBITRAGE REBATE FEE	0	72	72	
TOTAL ADMIN EXPENSES	61,714	74,650	61,970	

	FISCAL YEAR 2023/2024 ANNUAL BUDGET
10/01/23 - 09/30/24	AMENDED FINAL BUDGET
10/01/23 - 09/30/24	YEAR TO DATE ACTUAL
10/01/23 - 09/29/24	
EXPENDITURES - MAINT				
LAKE MAINTENANCE	53,759	53,759	45,773	
TIM OPERATIONS	0	0	0	
BUILDING, BRIDGE, MONUMENT MAINTEN	46,755	46,755	0	
CONTINGENCY - MAINTENANCE	12,703	40,500	0	
COMMUNITY AREA MAINTENANCE	8,822	30,742	30,742	
DEVLOPMENT COORDINATOR	5,552	5,552	5,551	
ELECTRIC	15,350	15,350	14,003	
ENGINEERING	17,644	27,400	27,400	
FIELD MANAGEMENT	42,344	42,344	34,875	
FOUNTAIN MAINTENANCE & CHEMICALS	5,293	5,293	429	
LANDSCAPING MAINTENANCE & MATERIA	158,104	182,245	182,245	
IRRIGATION	26,818	29,581	29,581	
IRRIGATION PARTS & REPAIRS	13,233	23,370	23,370	
SIDEWALK CLEANING	5,293	5,293	5,293	
SIDEWALK REPAIR	10,586	10,586	5,930	
SIGNAGE	1,764	1,884	1,884	
STREETLIGHTS	7,940	17,434	17,434	
STORMWATER MANAGEMENT	16,885	95,012	95,012	
TREE/PLANT REPLACEMENT & TRIM	35,287	49,660	49,660	
TOTAL MAINTENANCE EXPENSES	484,132	682,761	569,184	

Total Expenditures	$	545,846	$	757,411	$	631,154	

EXCESS / (SHORTFALL)	$	991,754	$	893,551	$	1,019,808	
				
PAYMENT TO TRUSTEE	(883,041)	(913,935)	(913,935)	
				
BALANCE	$	108,713	$	(20,383)	$	105,874	
				
COUNTY APPRAISER & TAX COLLECTOR FEE	(54,356)	(53,271)	(53,271)	
DISCOUNTS FOR EARLY PAYMENTS	(54,356)	(49,474)	(49,474)	
				
NET EXCESS / (SHORTFALL)	$	-	$	(123,128)	$	3,129	

REVENUES	FISCAL YEAR 2023/2024 ANNUAL BUDGET
10/01/23 - 09/30/24	AMENDED FINAL BUDGET
10/01/23 - 09/30/24	YEAR TO DATE ACTUAL
10/01/23 - 09/29/24	
ON-ROLL ASSESSMENTS - Debt	911,990	917,305	917,305	
ON-ROLL ASSESSMENTS - ADMIN	54,418	58,220	58,220	
ON-ROLL ASSESSMENTS - MAINT	322,340	344,860	344,860	
ON-ROLL ASSESSMENTS - TIM	0	0	0	
STORMWATER	163,451	212,027	212,027	
OTHER INCOME	6,061	32,220	32,220	
DEVELOPER CONTRIBUTION - TIM	0	0	0	
Total Revenues	$	1,458,260	$	1,564,631	$	1,564,631	
				
EXPENDITURES - ADMIN				
AUDIT	5,556	5,556	3,364	
DISSEMINATION AGENT	303	303	0	
DISTRICT COUNSEL	8,082	8,082	3,591	
MANAGEMENT	10,915	10,915	9,715	
ASSESSMENT ROLL	1,010	1,010	1,010	
DUES, LICENSES & FEES	194	194	194	
ENGINEERING	5,051	9,219	9,219	
GENERAL INSURANCE	12,123	12,427	12,427	
WEB SITE MAINTENANCE	833	833	758	
LEGAL ADVERTISING	657	657	239	
TRAVEL AND PER DIEM	101	101	29	
OFFICE SUPPLIES	253	272	272	
POSTAGE & SHIPPING	35	128	128	
COPIES	303	303	247	
SUPERVISOR FEES	6,061	6,061	3,575	
TRUSTEE SERVICES	1,818	1,818	1,683	
OFFICE RENT	2,526	9,640	9,640	
CONTINUING DISCLOSURE FEE	303	303	202	
ARBITRAGE REBATE FEE	0	66	66	
TOTAL ADMIN EXPENSES	56,126	67,890	56,359	

	FISCAL YEAR 2023/2024 ANNUAL BUDGET
10/01/23 - 09/30/24	AMENDED FINAL BUDGET
10/01/23 - 09/30/24	YEAR TO DATE ACTUAL
10/01/23 - 09/29/24	
EXPENDITURES - MAINT				
LAKE MAINTENANCE	51,080	51,080	43,492	
TIM OPERATIONS	0	0	0	
BUILDING, BRIDGE, MONUMENT MAINTEN	44,425	44,425	0	
CONTINGENCY - MAINTENANCE	12,070	38,500	0	
COMMUNITY AREA MAINTENANCE	8,382	29,210	29,210	
DEVLOPMENT COORDINATOR	5,275	5,275	5,275	
ELECTRIC	14,585	14,585	13,305	
ENGINEERING	16,764	26,035	26,035	
FIELD MANAGEMENT	40,234	40,234	33,137	
FOUNTAIN MAINTENANCE & CHEMICALS	5,029	5,029	408	
LANDSCAPING MAINTENANCE & MATERIA	150,224	173,162	173,162	
IRRIGATION	25,482	28,107	28,107	
IRRIGATION PARTS & REPAIRS	12,573	22,205	22,205	
SIDEWALK CLEANING	5,029	5,029	5,029	
SIDEWALK REPAIR	10,059	10,059	5,635	
SIGNAGE	1,676	1,790	1,790	
STREETLIGHTS	7,544	16,565	16,565	
STORMWATER MANAGEMENT	16,043	90,277	90,277	
TREE/PLANT REPLACEMENT & TRIM	33,528	47,185	47,185	
TOTAL MAINTENANCE EXPENSES	460,003	648,751	540,816	

Total Expenditures	$	516,129	$	716,642	$	597,175	

EXCESS / (SHORTFALL)	$	942,131	$	847,990	$	967,456	
				
PAYMENT TO TRUSTEE	(839,031)	(868,385)	(868,385)	
				
BALANCE	$	103,100	$	(20,395)	$	99,071	
				
COUNTY APPRAISER & TAX COLLECTOR FEE	(51,550)	(50,516)	(50,516)	
DISCOUNTS FOR EARLY PAYMENTS	(51,550)	(46,915)	(46,915)	
				
NET EXCESS / (SHORTFALL)	$	-	$	(117,827)	$	1,640	

REVENUES	FISCAL YEAR 2023/2024 ANNUAL BUDGET
10/01/23 - 09/30/24	AMENDED FINAL BUDGET
10/01/23 - 09/30/24	YEAR TO DATE ACTUAL
10/01/23 - 09/29/24	
ON-ROLL ASSESSMENTS - Debt	165,579	166,544	166,544	
ON-ROLL ASSESSMENTS - ADMIN	70,719	75,660	75,660	
ON-ROLL ASSESSMENTS - MAINT	58,523	62,612	62,612	
ON-ROLL ASSESSMENTS - TIM	37,874	40,520	40,520	
STORMWATER	29,676	38,495	38,495	
OTHER INCOME	7,877	87,398	41,871	
DEVELOPER CONTRIBUTION - TIM	0	0	0	
Total Revenues	$	370,249	$	471,230	$	425,704	
				
EXPENDITURES - ADMIN				
AUDIT	7,221	7,221	4,372	
DISSEMINATION AGENT	394	394	0	
DISTRICT COUNSEL	10,503	10,503	4,667	
MANAGEMENT	14,185	14,185	12,625	
ASSESSMENT ROLL	1,313	1,313	1,313	
DUES, LICENSES & FEES	253	253	253	
ENGINEERING	6,564	11,980	11,980	
GENERAL INSURANCE	15,754	16,150	16,150	
WEB SITE MAINTENANCE	1,083	1,083	985	
LEGAL ADVERTISING	853	853	310	
TRAVEL AND PER DIEM	131	131	38	
OFFICE SUPPLIES	328	354	354	
POSTAGE & SHIPPING	46	166	166	
COPIES	394	394	320	
SUPERVISOR FEES	7,877	7,877	4,646	
TRUSTEE SERVICES	2,363	2,363	2,188	
OFFICE RENT	3,282	12,528	12,528	
CONTINUING DISCLOSURE FEE	394	394	263	
ARBITRAGE REBATE FEE	0	85	85	
TOTAL ADMIN EXPENSES	72,939	88,228	73,242	

	FISCAL YEAR 2023/2024 ANNUAL BUDGET
10/01/23 - 09/30/24	AMENDED FINAL BUDGET
10/01/23 - 09/30/24	YEAR TO DATE ACTUAL
10/01/23 - 09/29/24	
EXPENDITURES - MAINT				
LAKE MAINTENANCE	9,274	9,274	7,896	
TIM OPERATIONS	34,844	91,102	91,102	
BUILDING, BRIDGE, MONUMENT MAINTEN	8,066	8,066	0	
CONTINGENCY - MAINTENANCE	2,191	25,000	0	
COMMUNITY AREA MAINTENANCE	1,522	5,303	5,303	
DEVLOPMENT COORDINATOR	958	958	958	
ELECTRIC	2,648	2,648	2,416	
ENGINEERING	3,044	4,727	4,727	
FIELD MANAGEMENT	7,305	7,305	6,016	
FOUNTAIN MAINTENANCE & CHEMICALS	913	913	74	
LANDSCAPING MAINTENANCE & MATERIA	27,274	31,439	31,439	
IRRIGATION	4,626	5,103	5,103	
IRRIGATION PARTS & REPAIRS	2,283	4,032	4,032	
SIDEWALK CLEANING	913	913	913	
SIDEWALK REPAIR	1,826	1,826	1,023	
SIGNAGE	304	325	325	
STREETLIGHTS	1,370	3,008	3,008	
STORMWATER MANAGEMENT	2,913	16,391	16,391	
TREE/PLANT REPLACEMENT & TRIM	6,087	8,567	8,567	
TOTAL MAINTENANCE EXPENSES	118,362	226,898	189,291	

Total Expenditures	$	191,301	$	315,126	$	262,533	

EXCESS / (SHORTFALL)	$	178,949	$	156,104	$	163,170	
				
PAYMENT TO TRUSTEE	(152,333)	(157,663)	(157,663)	
				
BALANCE	$	26,616	$	(1,558)	$	5,508	
				
COUNTY APPRAISER & TAX COLLECTOR FEE	(13,308)	(13,212)	(13,212)	
DISCOUNTS FOR EARLY PAYMENTS	(13,308)	(12,270)	(12,270)	
				
NET EXCESS / (SHORTFALL)	$	-	$	(27,041)	$	(19,975)	

REVENUES	FISCAL YEAR 2023/2024 ANNUAL BUDGET
10/01/23 - 09/30/24	AMENDED FINAL BUDGET
10/01/23 - 09/30/24	YEAR TO DATE ACTUAL
10/01/23 - 09/29/24	
ON-ROLL ASSESSMENTS - Debt	486,157	488,991	488,991	
ON-ROLL ASSESSMENTS - ADMIN	47,526	50,847	50,847	
ON-ROLL ASSESSMENTS - MAINT	171,831	183,835	183,835	
ON-ROLL ASSESSMENTS - TIM	25,453	27,231	27,231	
STORMWATER	87,131	113,026	113,026	
OTHER INCOME	5,294	58,735	28,139	
DEVELOPER CONTRIBUTION - TIM	0	0	0	
Total Revenues	$	823,392	$	922,665	$	892,070	
				
EXPENDITURES - ADMIN				
AUDIT	4,853	4,853	2,938	
DISSEMINATION AGENT	265	265	0	
DISTRICT COUNSEL	7,058	7,058	3,136	
MANAGEMENT	9,533	9,533	8,484	
ASSESSMENT ROLL	882	882	882	
DUES, LICENSES & FEES	170	170	170	
ENGINEERING	4,412	8,051	8,051	
GENERAL INSURANCE	10,588	10,854	10,854	
WEB SITE MAINTENANCE	728	728	662	
LEGAL ADVERTISING	573	573	208	
TRAVEL AND PER DIEM	88	88	25	
OFFICE SUPPLIES	221	238	238	
POSTAGE & SHIPPING	31	112	112	
COPIES	265	265	215	
SUPERVISOR FEES	5,294	5,294	3,122	
TRUSTEE SERVICES	1,588	1,588	1,470	
OFFICE RENT	2,206	8,419	8,419	
CONTINUING DISCLOSURE FEE	265	265	176	
ARBITRAGE REBATE FEE	0	57	57	
TOTAL ADMIN EXPENSES	49,018	59,293	49,222	

	FISCAL YEAR 2023/2024 ANNUAL BUDGET
10/01/23 - 09/30/24	AMENDED FINAL BUDGET
10/01/23 - 09/30/24	YEAR TO DATE ACTUAL
10/01/23 - 09/29/24	
EXPENDITURES - MAINT				
LAKE MAINTENANCE	27,229	27,229	23,184	
TIM OPERATIONS	23,417	61,224	61,224	
BUILDING, BRIDGE, MONUMENT MAINTEN	23,682	23,682	0	
CONTINGENCY - MAINTENANCE	6,434	33,000	0	
COMMUNITY AREA MAINTENANCE	4,468	15,571	15,571	
DEVLOPMENT COORDINATOR	2,812	2,812	2,812	
ELECTRIC	7,775	7,775	7,093	
ENGINEERING	8,937	13,878	13,878	
FIELD MANAGEMENT	21,448	21,448	17,665	
FOUNTAIN MAINTENANCE & CHEMICALS	2,681	2,681	217	
LANDSCAPING MAINTENANCE & MATERIA	80,080	92,308	92,308	
IRRIGATION	13,584	14,983	14,983	
IRRIGATION PARTS & REPAIRS	6,702	11,837	11,837	
SIDEWALK CLEANING	2,681	2,681	2,681	
SIDEWALK REPAIR	5,362	5,362	3,004	
SIGNAGE	894	954	954	
STREETLIGHTS	4,021	8,830	8,830	
STORMWATER MANAGEMENT	8,552	48,124	48,124	
TREE/PLANT REPLACEMENT & TRIM	17,873	25,153	25,153	
TOTAL MAINTENANCE EXPENSES	268,632	419,533	349,519	

Total Expenditures	$	317,650	$	478,826	$	398,740	

EXCESS / (SHORTFALL)	$	505,742	$	443,840	$	493,329	
				
PAYMENT TO TRUSTEE	(447,265)	(462,913)	(462,913)	
				
BALANCE	$	58,477	$	(19,073)	$	30,417	
				
COUNTY APPRAISER & TAX COLLECTOR FEE	(29,239)	(28,729)	(28,729)	
DISCOUNTS FOR EARLY PAYMENTS	(29,239)	(26,681)	(26,681)	
				
NET EXCESS / (SHORTFALL)	$	-	$	(74,482)	$	(24,993)	

REVENUES	FISCAL YEAR 2023/2024 ANNUAL BUDGET
10/01/23 - 09/30/24	AMENDED FINAL BUDGET
10/01/23 - 09/30/24	YEAR TO DATE ACTUAL
10/01/23 - 09/29/24	
ON-ROLL ASSESSMENTS - Debt	256,103	257,595	257,595	
ON-ROLL ASSESSMENTS - ADMIN	31,130	33,305	33,305	
ON-ROLL ASSESSMENTS - MAINT	90,518	96,843	96,843	
ON-ROLL ASSESSMENTS - TIM	16,672	17,837	17,837	
STORMWATER	45,900	59,541	59,541	
OTHER INCOME	3,467	38,472	18,431	
DEVELOPER CONTRIBUTION - TIM	0	0	0	
Total Revenues	$	443,790	$	503,591	$	483,551	
				
EXPENDITURES - ADMIN				
AUDIT	3,178	3,178	1,924	
DISSEMINATION AGENT	173	173	0	
DISTRICT COUNSEL	4,623	4,623	2,054	
MANAGEMENT	6,244	6,244	5,557	
ASSESSMENT ROLL	578	578	578	
DUES, LICENSES & FEES	111	111	111	
ENGINEERING	2,890	5,274	5,274	
GENERAL INSURANCE	6,935	7,109	7,109	
WEB SITE MAINTENANCE	477	477	433	
LEGAL ADVERTISING	376	376	137	
TRAVEL AND PER DIEM	58	58	17	
OFFICE SUPPLIES	144	156	156	
POSTAGE & SHIPPING	20	73	73	
COPIES	173	173	141	
SUPERVISOR FEES	3,467	3,467	2,045	
TRUSTEE SERVICES	1,040	1,040	963	
OFFICE RENT	1,445	5,515	5,515	
CONTINUING DISCLOSURE FEE	173	173	116	
ARBITRAGE REBATE FEE	0	38	38	
TOTAL ADMIN EXPENSES	32,107	38,837	32,240	

	FISCAL YEAR 2023/2024 ANNUAL BUDGET
10/01/23 - 09/30/24	AMENDED FINAL BUDGET
10/01/23 - 09/30/24	YEAR TO DATE ACTUAL
10/01/23 - 09/29/24	
EXPENDITURES - MAINT				
LAKE MAINTENANCE	14,344	14,344	12,213	
TIM OPERATIONS	15,338	40,102	40,102	
BUILDING, BRIDGE, MONUMENT MAINTEN	12,475	12,475	0	
CONTINGENCY - MAINTENANCE	3,390	19,000	0	
COMMUNITY AREA MAINTENANCE	2,354	8,203	8,203	
DEVLOPMENT COORDINATOR	1,481	1,481	1,481	
ELECTRIC	4,096	4,096	3,736	
ENGINEERING	4,708	7,311	7,311	
FIELD MANAGEMENT	11,298	11,298	9,306	
FOUNTAIN MAINTENANCE & CHEMICALS	1,412	1,412	115	
LANDSCAPING MAINTENANCE & MATERIA	42,185	48,627	48,627	
IRRIGATION	7,156	7,893	7,893	
IRRIGATION PARTS & REPAIRS	3,531	6,236	6,236	
SIDEWALK CLEANING	1,412	1,412	1,412	
SIDEWALK REPAIR	2,825	2,825	1,582	
SIGNAGE	471	503	503	
STREETLIGHTS	2,118	4,652	4,652	
STORMWATER MANAGEMENT	4,505	25,351	25,351	
TREE/PLANT REPLACEMENT & TRIM	9,415	13,250	13,250	
TOTAL MAINTENANCE EXPENSES	144,515	230,471	191,972	

Total Expenditures	$	176,622	$	269,308	$	224,213	

EXCESS / (SHORTFALL)	$	267,168	$	234,283	$	259,338	
				
PAYMENT TO TRUSTEE	(235,614)	(243,857)	(243,857)	
				
BALANCE	$	31,554	$	(9,574)	$	15,481	
				
COUNTY APPRAISER & TAX COLLECTOR FEE	(15,777)	(15,517)	(15,517)	
DISCOUNTS FOR EARLY PAYMENTS	(15,777)	(14,411)	(14,411)	
				
NET EXCESS / (SHORTFALL)	$	-	$	(39,502)	$	(14,447)	

REVENUES	FISCAL YEAR 2023/2024 ANNUAL BUDGET
10/01/23 - 09/30/24	AMENDED FINAL BUDGET
10/01/23 - 09/30/24	YEAR TO DATE ACTUAL
10/01/23 - 09/29/24	
ON-ROLL ASSESSMENTS - Debt	80,243	80,710	80,710	
ON-ROLL ASSESSMENTS - ADMIN	129,985	139,066	139,066	
ON-ROLL ASSESSMENTS - MAINT	28,362	30,343	30,343	
ON-ROLL ASSESSMENTS - TIM	69,614	74,478	74,478	
STORMWATER	14,381	18,656	18,656	
OTHER INCOME	14,479	160,641	76,961	
DEVELOPER CONTRIBUTION - TIM	0	0	0	
Total Revenues	$	337,063	$	503,893	$	420,214	
				
EXPENDITURES - ADMIN				
AUDIT	13,272	13,272	8,036	
DISSEMINATION AGENT	724	724	0	
DISTRICT COUNSEL	19,305	19,305	8,577	
MANAGEMENT	26,073	26,073	23,205	
ASSESSMENT ROLL	2,413	2,413	2,413	
DUES, LICENSES & FEES	465	465	465	
ENGINEERING	12,065	22,020	22,020	
GENERAL INSURANCE	28,957	29,684	29,684	
WEB SITE MAINTENANCE	1,991	1,991	1,810	
LEGAL ADVERTISING	1,569	1,569	570	
TRAVEL AND PER DIEM	241	241	69	
OFFICE SUPPLIES	603	651	651	
POSTAGE & SHIPPING	84	306	306	
COPIES	724	724	589	
SUPERVISOR FEES	14,479	14,479	8,540	
TRUSTEE SERVICES	4,344	4,344	4,021	
OFFICE RENT	6,033	23,027	23,027	
CONTINUING DISCLOSURE FEE	724	724	483	
ARBITRAGE REBATE FEE	0	157	157	
TOTAL ADMIN EXPENSES	134,064	162,166	134,621	

	FISCAL YEAR 2023/2024 ANNUAL BUDGET
10/01/23 - 09/30/24	AMENDED FINAL BUDGET
10/01/23 - 09/30/24	YEAR TO DATE ACTUAL
10/01/23 - 09/29/24	
EXPENDITURES - MAINT				
LAKE MAINTENANCE	4,494	4,494	3,827	
TIM OPERATIONS	64,045	167,448	167,448	
BUILDING, BRIDGE, MONUMENT MAINTEN	3,909	3,909	0	
CONTINGENCY - MAINTENANCE	1,062	36,500	0	
COMMUNITY AREA MAINTENANCE	738	2,570	2,570	
DEVLOPMENT COORDINATOR	464	464	464	
ELECTRIC	1,283	1,283	1,171	
ENGINEERING	1,475	2,291	2,291	
FIELD MANAGEMENT	3,540	3,540	2,916	
FOUNTAIN MAINTENANCE & CHEMICALS	443	443	36	
LANDSCAPING MAINTENANCE & MATERIA	13,218	15,236	15,236	
IRRIGATION	2,242	2,473	2,473	
IRRIGATION PARTS & REPAIRS	1,106	1,954	1,954	
SIDEWALK CLEANING	443	443	443	
SIDEWALK REPAIR	885	885	496	
SIGNAGE	148	158	158	
STREETLIGHTS	664	1,457	1,457	
STORMWATER MANAGEMENT	1,412	7,943	7,943	
TREE/PLANT REPLACEMENT & TRIM	2,950	4,152	4,152	
TOTAL MAINTENANCE EXPENSES	104,519	257,642	215,033	

Total Expenditures	$	238,584	$	419,808	$	349,654	

EXCESS / (SHORTFALL)	$	98,480	$	84,085	$	70,560	
				
PAYMENT TO TRUSTEE	(73,823)	(76,406)	(76,406)	
				
BALANCE	$	24,656	$	7,679	$	(5,846)	
				
COUNTY APPRAISER & TAX COLLECTOR FEE	(12,328)	(12,419)	(12,419)	
DISCOUNTS FOR EARLY PAYMENTS	(12,328)	(11,533)	(11,533)	
				
NET EXCESS / (SHORTFALL)	$	-	$	(16,273)	$	(29,798)	

REVENUES	FISCAL YEAR 2023/2024 ANNUAL BUDGET
10/01/23 - 09/30/24	AMENDED FINAL BUDGET
10/01/23 - 09/30/24	YEAR TO DATE ACTUAL
10/01/23 - 09/29/24	
ON-ROLL ASSESSMENTS - Debt	349,030	351,064	351,064	
ON-ROLL ASSESSMENTS - ADMIN	2,376	2,542	2,542	
ON-ROLL ASSESSMENTS - MAINT	123,363	131,982	131,982	
ON-ROLL ASSESSMENTS - TIM	1,273	1,362	1,362	
STORMWATER	62,555	81,145	81,145	
OTHER INCOME	265	2,937	1,407	
DEVELOPER CONTRIBUTION - TIM	0	0	0	
Total Revenues	$	538,861	$	571,032	$	569,502	
				
EXPENDITURES - ADMIN				
AUDIT	243	243	147	
DISSEMINATION AGENT	13	13	0	
DISTRICT COUNSEL	353	353	157	
MANAGEMENT	477	477	424	
ASSESSMENT ROLL	44	44	44	
DUES, LICENSES & FEES	8	8	8	
ENGINEERING	221	403	403	
GENERAL INSURANCE	529	543	543	
WEB SITE MAINTENANCE	36	36	33	
LEGAL ADVERTISING	29	29	10	
TRAVEL AND PER DIEM	4	4	1	
OFFICE SUPPLIES	11	12	12	
POSTAGE & SHIPPING	2	6	6	
COPIES	13	13	11	
SUPERVISOR FEES	265	265	156	
TRUSTEE SERVICES	79	79	74	
OFFICE RENT	110	421	421	
CONTINUING DISCLOSURE FEE	13	13	9	
ARBITRAGE REBATE FEE	0	3	3	
TOTAL ADMIN EXPENSES	2,451	2,965	2,461	

	FISCAL YEAR 2023/2024 ANNUAL BUDGET
10/01/23 - 09/30/24	AMENDED FINAL BUDGET
10/01/23 - 09/30/24	YEAR TO DATE ACTUAL
10/01/23 - 09/29/24	
EXPENDITURES - MAINT				
LAKE MAINTENANCE	19,549	19,549	16,645	
TIM OPERATIONS	1,171	3,061	3,061	
BUILDING, BRIDGE, MONUMENT MAINTEN	17,002	17,002	0	
CONTINGENCY - MAINTENANCE	4,619	15,500	0	
COMMUNITY AREA MAINTENANCE	3,208	11,179	11,179	
DEVLOPMENT COORDINATOR	2,019	2,019	2,019	
ELECTRIC	5,582	5,582	5,092	
ENGINEERING	6,416	9,964	9,964	
FIELD MANAGEMENT	15,398	15,398	12,682	
FOUNTAIN MAINTENANCE & CHEMICALS	1,925	1,925	156	
LANDSCAPING MAINTENANCE & MATERIA	57,493	66,271	66,271	
IRRIGATION	9,752	10,757	10,757	
IRRIGATION PARTS & REPAIRS	4,812	8,498	8,498	
SIDEWALK CLEANING	1,925	1,925	1,925	
SIDEWALK REPAIR	3,850	3,850	2,157	
SIGNAGE	642	685	685	
STREETLIGHTS	2,887	6,340	6,340	
STORMWATER MANAGEMENT	6,140	34,550	34,550	
TREE/PLANT REPLACEMENT & TRIM	12,832	18,058	18,058	
TOTAL MAINTENANCE EXPENSES	177,220	252,112	210,038	

Total Expenditures	$	179,671	$	255,077	$	212,499	

EXCESS / (SHORTFALL)	$	359,191	$	315,956	$	357,003	
				
PAYMENT TO TRUSTEE	(321,107)	(332,342)	(332,342)	
				
BALANCE	$	38,083	$	(16,386)	$	24,661	
				
COUNTY APPRAISER & TAX COLLECTOR FEE	(19,042)	(18,630)	(18,630)	
DISCOUNTS FOR EARLY PAYMENTS	(19,042)	(17,302)	(17,302)	
				
NET EXCESS / (SHORTFALL)	$	-	$	(52,318)	$	(11,271)	

TRADITION COMMUNITY DEVELOPMENT DISTRICT IRRIGATION UTILITY
FISCAL YEAR 2023/2024 OCTOBER 1, 2023 - SEPTEMBER 30, 2024

REVENUES	FISCAL YEAR
2023/2024
BUDGET 10/1/23 - 9/30/24	AMENDED
FINAL BUDGET
10/1/23 - 9/30/24	YEAR
TO DATE ACTUAL 10/1/23 - 9/29/24	
SERVICE CHARGE	1,890,000	1,946,991	1,946,991	
ENGINEERING REVENUE FEES	17,338	0	0	
CAPACITY REVENUE	0	0	0	
OTHER INCOME	0	0	0	
INTEREST INCOME	0	63,969	63,969	
TOTAL REVENUES	$	1,907,338	$	2,010,960	$	2,010,960	
				
EXPENDITURES				
BAD DEBT	65,000	65,000	0	
BANK FEES	1,250	1,250	0	
CITY FRANCHISE FEE	165,000	165,000	157,650	
CONTINGENCY	20,531	20,531	0	
DEVELOPMENT COORDINATOR	62,933	62,933	62,928	
DUES, LICENSES, FEES	2,300	2,300	0	
ELECTRIC	105,000	143,096	143,096	
ENGINEERING	40,000	96,612	96,612	
FIELD OPERATIONS		0	0	
FIELD SUPPLIES (OTHER)	2,000	2,000	0	
GENERAL INSURANCE	21,102	21,102	0	
GENERAL REPAIR & MAINTENANCE	215,000	245,768	245,768	
HVAC	4,500	4,500	0	
LANDSCAPING MAINTENANCE & MATERIAL	11,000	11,000	0	
MANAGEMENT	377,744	377,744	377,744	
OFFICE SUPPLIES	250	1,117	1,117	
OPERATING RESERVES/MISC	80,000	80,000	0	
OTHER SYSTEM IMPROVEMENTS	100,000	100,000	94,820	
OTHER UTILITIES	1,550	1,550	0	
POSTAGE AND SHIPPING	253	266	266	
PROFESSIONAL SERVICES, OTHER	5,000	5,000	0	
RENEWAL AND REPLACEMENT	250,000	250,000	149,190	
TELEPHONE	1,930	1,930	0	
TRAVEL AND PER DIEM	400	400	0	
TRUSTEE SERVICES	5,000	5,000	0	
VEHICLE, GAS, & REPAIR	1,000	1,000	0	
WATER	170	279	279	
TOTAL EXPENDITURES	$	1,538,913	$	1,665,377	$	1,329,470	
				
REVENUES LESS EXPENDITURES	$	368,425	$	345,583	$	681,491	
				
BOND PAYMENTS (2017 Series)	(368,425)	(368,925)	(368,925)	
				
BALANCE	$	0	$	(23,342)	$	312,566	
				
EXCESS/ (SHORTFALL)	$	0	$	(23,342)	$	312,566	

FUND BALANCE AS OF 9/30/23	
FY 2023/2024 ACTIVITY	
FUND BALANCE AS OF 9/30/24	

$	1,256,027	
$	(23,342)	
$	1,232,685	

	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 9/30/24	$5,535,000