Charles Cove CDD
FY2027 Approved Proposed Budget

FY 2027
Approved Proposed Budget

Revenues
On-Roll Assessments

$ 865,306.58

Other Income & Other Financing Sources	-

Net Revenues	$ 865,306.58

 Expenditures

Administrative Expenses		
Supervisor Fees	$	8,000.00	
Trustee Services	8,500.00	
Management	45,000.00	
Field Management	15,000.00	
Engineering	20,000.00	
Disclosure	2,000.00	
Property Appraiser	17,000.00	
District Counsel	20,000.00	
Assessment Administration	15,000.00	
Reamortization Schedules	500.00	
Audit	4,300.00	
Tax Preparation	50.00	
Arbitrage Calculation	350.00	
Travel and Per Diem	500.00	
Postage & Shipping	700.00	
Legal Advertising	1,000.00	
Contingency	14,297.00	
Meeting Room	1,000.00	
Web Site Maintenance	2,940.00	
Dues, Licenses, and Fees	175.00	
Total Administrative Expenses	$ 176,312.00	
Security Expenses		
Security Guard	$	60,000.00	
Amenity - Security Cameras (WiFi)	2,000.00	
Amenity - Access Control	20,000.00	
Total Security Expenses	$	82,000.00	
Utility Expenses		
Electric	$ 136,718.01	
Water/Sewer	91,200.00	
Total Utility Expenses	$ 227,918.01	
Amenity Expenses		
Amenity - Pool Maintenance	$	35,460.00	
Amenity - Janitorial	35,000.00	
Amenity - Pest Control	360.00	
Amenity - Pool Furniture	-	
Amenity - Playground Inspection & Mulch	7,500.00	
Total Amenity Expenses	$	78,320.00	

Insurance Expenses		
General Liability Insurance	$	3,950.00	
Property & Casualty Insurance	30,883.00	
Public Officials' Liability Insurance	3,233.00	
Other Insurance	550.00	
Total Insurance Expenses	$	38,616.00	

Charles Cove CDD
FY2027 Approved Proposed Budget

Ground Maintenance
Fountains

FY 2027
Approved Proposed Budget

$	4,700.00

Irrigation	-
Backflow Certification	3,000.00
Irrigation Repairs	15,000.00
Lake Maintenance	12,600.00
Landscaping Maintenance & Material	126,840.25
Landscape Improvements	30,000.00
Total Ground Maintenance	$ 192,140.25

General Expenses
Equipment Repair & Maintenance	11,000.00
Sidewalk Repair	5,000.00
Signage & Amenities Repair	4,000.00
Hurricane/Freeze Cleanup	30,000.00
Road Reserve	20,000.00

Total General Expenses	$	70,000.00

$ 865,306.26

Total Expenditures

Income (Loss) from Operations	$	-

Other Income (Expense)
Interest Income
Total Other Income (Expense)

Net Income (Loss)