Charles Cove CDD
FY 2023 Revised Adopted O&M Budget

	FY 2023			FY 2023	
	Adopted			Revised	
	Budget			Budget	

Revenues					
On-Roll Assessments	$ 536,677.24		$	536,677.24	
CarryForward				28,962.80	
Net Revenues	$ 536,677.24		$	565,640.04	
General & Administrative Expenses					
Public Officials' Liability Insurance	$	2,850.00		$	2,504.00	
Trustee Services	7,000.00			7,497.61	
Management	30,000.00			30,000.00	
Field Management	500.00			10.00	
Engineering	10,000.00			9,000.00	
Disclosure	10,000.00			10,000.00	
Property Appraiser	13,000.00			12,615.67	
District Counsel	13,480.00			13,480.00	
Assessment Administration	15,000.00			15,000.00	
Reamortization Schedules	250.00			250.00	
Audit	3,000.00			6,500.00	
Arbitrage Calculation	-			1,200.00	
Travel and Per Diem	600.00			600.00	
Telephone	10.00			10.00	
Postage & Shipping	1,200.00			1,200.00	
Copies	1,000.00			100.00	
Legal Advertising	3,000.00			1,500.00	
Miscellaneous	-			175.00	
Contingency	200.00			50.00	
Meeting Room	600.00			100.00	
Office Supplies	250.00			10.00	
Web Site Maintenance	2,820.00			2,820.00	
Dues, Licenses, and Fees	175.00			175.00	
Security	-			2,000.00	
General Liability Insurance	3,500.00			3,059.00	
Hurricane Cleanup	3,878.24			650.00	
Total General & Administrative Expenses	$ 122,313.24		$	120,506.28	
General & Administrative Expenses					
Electric	$  45,000.00		$	77,000.00	
Fountains	20,000.00			22,000.00	
Fountain Maintenance	740.00			800.00	
Water-Sewer	15,000.00			15,000.00	
Road Reserve	1,000.00			10.00	
Amenity - Landscape Maintenance	23,750.00			17,500.00	
Amenity - Pool Maintenance	22,000.00			20,000.00	
Amenity - Access Control	1,000.00			10.00	
Amenity - Janitorial	24,000.00			28,000.00	
Amenity - Pest Control	500.00			120.00	
Amenity - Security Cameras (WiFi)	2,000.00			2,000.00	
Amenity - Miscellaneous	500.00			10.00	
Equipment Rental	-			4,465.48	
Property & Casualty Insurance	20,624.00			20,624.00	
Irrigation	75,000.00			80,000.00	
Lake Maintenance	7,000.00			6,400.00	
Landscaping Maintenance & Material	95,000.00			95,000.00	
Landscape Improvements	14,750.00			10,409.28	
Equipment Repair & Maintenance	500.00			10.00	
Signage & Amenities Repair	1,000.00			775.00	
Streetlights	45,000.00			45,000.00	
Total General & Administrative Expenses	$ 414,364.00		$	445,133.76	
Total Expenses	 $ 536,677.24 		 $ 	565,640.04 	
Income (Loss) from Operations	$	-		$	-	
Other Income (Expense)					
Interest Income	$	-		$	-	
Total Other Income (Expense)	$	-		$	-	
Net Income (Loss)	$	-		$	-	

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