Charles Cove CDD
FY2027 Adopted Budget

FY 2027
Adopted Budget

Revenues
On-Roll Assessments	$ 865,306.58

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	25,000.00	
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	9,000.00	
Meeting Room	1,000.00	
Web Site Maintenance	2,940.00	
Dues, Licenses, and Fees	175.00	
Total Administrative Expenses	$ 176,015.00	
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	$ 136,815.01	
Water/Sewer	91,200.00	
Total Utility Expenses	$ 228,015.01	

Amenity Expenses		
Amenity - Pool Maintenance	$	35,460.00	
Amenity - Janitorial	35,000.00	
Amenity - Pest Control	360.00	
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	

	Charles Cove
FY2027 Adopted	CDD
Budget				
					
FY 2027
Adopted Budget	
Public Officials' Liability Insurance				3,233.00	
Other Insurance				550.00	
Total Insurance Expenses			$	38,616.00	

Ground Maintenance	
Fountains			$	4,900.00	
Backflow Certification				3,000.00	
Irrigation Repairs				15,000.00	
Lake Maintenance				12,600.00	
Landscaping Maintenance & Material				126,840.57	
Landscape Improvements				30,000.00	
Total Ground Maintenance			$	192,340.57	
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	
					
Total	Expenditures			$ 865,306.58	
Income (Loss) from Operations	$	-	
Other Income (Expense)
Interest Income		
Total Other Income (Expense)		
	Net Income (Loss)