Charles Cove CDD
Adopted Revised FY 2022 O&M Budget

FY 2022
Adopted Revised Budget

Revenues			
On-Roll Assessments	$	539,642.24	
Other Income & Other Financing Sources		-	
Net Revenues	$	539,642.24	
General & Administrative Expenses			
Public Officials' Liability Insurance	$	2,700.00	
Trustee Services		7,000.00	
Management		25,000.00	
Field Management		1,500.00	
Engineering		10,000.00	
Dissemination Agent		7,500.00	
Property Appraiser		10,000.00	
District Counsel		18,000.00	
Assessment Administration		7,500.00	
Reamortization Schedules		250.00	
Audit		5,000.00	
Travel and Per Diem		1,000.00	
Telephone		25.00	
Postage & Shipping		1,000.00	
Copies		1,000.00	
Legal Advertising		2,500.00	
Bank Fees		360.00	
Meeting Room		1,000.00	
Office Supplies		250.00	
Web Site Maintenance		3,000.00	
Dues, Licenses, and Fees		500.00	
General Liability Insurance		3,200.00	
Contingency		1,000.00	
Hurricane Cleanup		10,000.00	
Total General & Administrative Expenses	$	119,285.00	
Field Expenses			
Electric	$	80,510.20	
Fountains		25,000.00	
Fountain Maintenance		5,000.00	
Water-Sewer		5,500.00	
Road Reserve		1,000.00	
Amenity - Landscape Maintenance		10,000.00	
Amenity - Pool Maintenance		15,000.00	
Amenity - Access Control		2,000.00	
Amenity - Janitorial		20,000.00	
Amenity - Pest Control		1,300.00	
Amenity - R&M Grounds		250.00	
Amenity - Security Cameras (WiFi)		2,000.00	
Amenity - Miscellaneous		500.00	
Property & Casualty Insurance		18,000.00	
Irrigation		42,000.00	
Lake Maintenance		12,000.00	
Landscaping Maintenance & Material		111,897.04	
Landscape Improvements		40,200.00	
Equipment Repair & Maintenance		500.00	
Signage & Amenities Repair		2,800.00	
Streetlights		25,000.00	
Total Field Expenses	$	420,457.24	
Total Expenses	$	539,742.24	

Income (Loss) from Operations	
$	
(100.00)	
Other Income (Expense)			
Interest Income	$	100.00	
Total Other Income (Expense)	$	100.00	
Net Income (Loss)	$	-	

Page 1 of 1