Capron Trail Community Development District

Final Budget For Fiscal Year 2018/2019
October 1, 2018 - September 30, 2019

CONTENTS

FINAL BUDGET

DETAILED FINAL BUDGET

ASSESSMENT COMPARISON

FINAL BUDGET
CAPRON TRAIL COMMUNITY DEVELOPMENT DISTRICT FISCAL YEAR 2018/2019
OCTOBER 1, 2018 - SEPTEMBER 30, 2019

REVENUES	
FISCAL YEAR 2018/2019
BUDGET	
O & M ASSESSMENTS	270,781	
OTHER INCOME	12,070	
INTEREST INCOME	360	
		
TOTAL REVENUES	$	283,211	
		
ADMINISTRATIVE EXPENDITURES		
SUPERVISOR FEES	0	
FICA TAXES	0	
ENGINEERING	16,000	
MANAGEMENT FEES	24,000	
LEGAL FEES	4,000	
AUDIT FEES	5,200	
INSURANCE - LIABILITY	6,350	
LEGAL ADVERTISING	1,100	
POSTAGE AND DELIVERY	300	
OFFICE SUPPLIES/MISCELLANEOUS	1,000	
DUES & SUBSCRIPTIONS	175	
WEBSITE MANAGEMENT	1,500	
TOTAL ADMINISTRATIVE EXPENDITURES	59,625	
		
MAINTENANCE EXPENDITURES		
MOWING	36,000	
FUEL & OIL	70,630	
AQUATIC MAINTENANCE	40,000	
OPERATIONS MANAGEMENT	42,000	
ROADWAYS & CULVERTS	10,000	
CANAL REPAIR & MAINTENANCE	10,000	
RESERVOIR REPAIR & MAINTENANCE	24,380	
DRAINAGE ENGINE/PUMP REPAIR & MAINTENANCE	55,000	
INSURANCE - MAINTENANCE	2,500	
MISCELLANEOUS MAINTENANCE	2,500	
TOTAL MAINTENANCE EXPENDITURES	293,010	
		
TOTAL EXPENDITURES	$	352,635	
		
REVENUES LESS EXPENDITURES	$	(69,424)	
		
COUNTY APPRAISER & TAX COLLECTOR FEE	(11,314)	
DISCOUNTS FOR EARLY PAYMENTS	(11,314)	
		
EXCESS/ (SHORTFALL)	$	(92,052)	
		
CARRYOVER FROM PRIOR YEAR	92,052	
		
NET EXCESS/ (SHORTFALL)	$	-	

8/20/2018 4:49 PM	I

DETAILED FINAL BUDGET
CAPRON TRAIL COMMUNITY DEVELOPMENT DISTRICT FISCAL YEAR 2018/2019
OCTOBER 1, 2018 - SEPTEMBER 30, 2019

REVENUES	
FISCAL YEAR 2016/2017
ACTUAL	
FISCAL YEAR 2017/2018
BUDGET	
FISCAL YEAR 2018/2019
BUDGET	

COMMENTS	
O & M ASSESSMENTS	466,665	324,944	270,781	Expenditures Less Interest, Other Income & Carryover/.92	
OTHER INCOME	20,800	14,485	12,070	Baer LLC: 241.41 Acres X 50.00 = 12,070	
INTEREST INCOME	555	360	360	Interest Projected At $30.00 Per Month	
					
TOTAL REVENUES	$	488,020	$	339,789	$	283,211		
					
ADMINISTRATIVE EXPENDITURES					
SUPERVISOR FEES	0	0	0	No Change From 2017/2018 Budget	
FICA TAXES	0	0	0	No Change From 2017/2018 Budget	
ENGINEERING	11,400	17,000	16,000	$1,000 Decrease From 2017/2018 Budget	
MANAGEMENT FEES	24,000	24,000	24,000	$2,000 Per Month	
LEGAL FEES	747	4,000	4,000	No Change From 2017/2018 Budget	
AUDIT FEES	5,000	5,200	5,200	No Change From 2017/2018 Budget	
INSURANCE - LIABILITY	5,778	6,350	6,350	Insurance Estimate	
LEGAL ADVERTISING	921	1,100	1,100	No Change From 2017/2018 Budget	
POSTAGE AND DELIVERY	121	300	300	No Change From 2017/2018 Budget	
OFFICE SUPPLIES/MISCELLANEOUS	610	1,000	1,000	No Change From 2017/2018 Budget	
DUES & SUBSCRIPTIONS	175	175	175	No Change From 2017/2018 Budget	
WEBSITE MANAGEMENT	1,500	1,500	1,500	No Change From 2017/2018 Budget	
TOTAL ADMINISTRATIVE EXPENDITURES	50,252	60,625	59,625		
					
MAINTENANCE EXPENDITURES					
MOWING	36,992	35,000	36,000	$1,000 Increase From 2017/2018 Budget	
FUEL & OIL	78,234	65,630	70,630	$5,000 Increase From 2017/2018 Budget	
AQUATIC MAINTENANCE	38,682	40,000	40,000	No Change From 2017/2018 Budget	
OPERATIONS MANAGEMENT	41,418	37,000	42,000	$5,000 Increase From 2017/2018 Budget	
ROADWAYS & CULVERTS	10,053	10,000	10,000	No Change From 2017/2018 Budget	
CANAL REPAIR & MAINTENANCE	2,256	15,000	10,000	$5,000 Decrease From 2017/2018 Budget	
RESERVOIR REPAIR & MAINTENANCE	6,849	29,380	24,380	$5,000 Decrease From 2017/2018 Budget	
DRAINAGE ENGINE/PUMP REPAIR & MAINTENANCE	53,231	55,000	55,000	No Change From 2017/2018 Budget	
INSURANCE - MAINTENANCE	0	2,500	2,500	No Change From 2017/2018 Budget	
MISCELLANEOUS MAINTENANCE	200	2,500	2,500	No Change From 2017/2018 Budget	
TOTAL MAINTENANCE EXPENDITURES	267,915	292,010	293,010		
					
TOTAL EXPENDITURES	$	318,167	$	352,635	$	352,635		
					
REVENUES LESS EXPENDITURES	$	169,853	$	(12,846)	$	(69,424)		
					
COUNTY APPRAISER & TAX COLLECTOR FEE	(15,744)	(13,577)	(11,314)	Four Percent Of Total Assessment Roll	
DISCOUNTS FOR EARLY PAYMENTS	(18,654)	(13,577)	(11,314)	Four Percent Of Total Assessment Roll	
					
EXCESS/ (SHORTFALL)	$	135,455	$	(40,000)	$	(92,052)		
					
CARRYOVER FROM PRIOR YEAR	0	40,000	92,052	Carryover From Prior Year	
					
NET EXCESS/ (SHORTFALL)	$	135,455	$	-	$	-		

8/20/2018 4:49 PM	II

Capron Trail Community Development District Assessment Comparison

O & M

Fiscal Year	Fiscal Year	Fiscal Year	Fiscal Year	
2015/2016	2016/2017	2017/2018	2018/2019	
Assessment	Assessment	Assessment	Projected Assessment	
 	Per Unit		 	Per Unit		 	Per Unit		 	Per Unit		

$	90.00	$

86.16	$

60.00	$

50.00

 	Loan Debt	

  $	-	

  $	-	

  $	-	

   $	-	

Total

$	90.00	$

86.16	$

60.00	$

50.00

* Assessments Include the Following :	 4% Discount for Early Payments
2% County Tax Collector Fee
1% County Property Appraiser Fee

Community Information:		 Units (One Unit = 1 Acre)	5,657.57
Includes Baer LLC Acres (241.41)

8/20/2018 4:49 PM	III