Capron Trail Community Development District

Final Budget For Fiscal Year 2019/2020
October 1, 2019 - September 30, 2020

CONTENTS

FINAL BUDGET

DETAILED FINAL BUDGET

ASSESSMENT COMPARISON

FINAL BUDGET
CAPRON TRAIL COMMUNITY DEVELOPMENT DISTRICT FISCAL YEAR 2019/2020
OCTOBER 1, 2019 - SEPTEMBER 30, 2020

REVENUES	
FISCAL YEAR 2019/2020
BUDGET	
O & M ASSESSMENTS	243,700	
OTHER INCOME	10,863	
INTEREST INCOME	360	
		
TOTAL REVENUES	$	254,923	
		
ADMINISTRATIVE EXPENDITURES		
SUPERVISOR FEES	0	
FICA TAXES	0	
ENGINEERING	15,000	
MANAGEMENT FEES	24,000	
LEGAL FEES	3,500	
AUDIT FEES	5,200	
INSURANCE - LIABILITY	6,350	
LEGAL ADVERTISING	1,050	
POSTAGE AND DELIVERY	300	
OFFICE SUPPLIES/MISCELLANEOUS	1,000	
DUES & SUBSCRIPTIONS	175	
WEBSITE MANAGEMENT	1,750	
TOTAL ADMINISTRATIVE EXPENDITURES	58,325	
		
MAINTENANCE EXPENDITURES		
MOWING	38,000	
FUEL & OIL	72,630	
AQUATIC MAINTENANCE	37,000	
OPERATIONS MANAGEMENT	48,000	
ROADWAYS & CULVERTS	10,000	
CANAL REPAIR & MAINTENANCE	9,000	
RESERVOIR REPAIR & MAINTENANCE	24,380	
DRAINAGE ENGINE/PUMP REPAIR & MAINTENANCE	45,000	
INSURANCE - MAINTENANCE	2,500	
MISCELLANEOUS MAINTENANCE	2,500	
TOTAL MAINTENANCE EXPENDITURES	289,010	
		
TOTAL EXPENDITURES	$	347,335	
		
REVENUES LESS EXPENDITURES	$	(92,412)	
		
COUNTY APPRAISER & TAX COLLECTOR FEE	(10,183)	
DISCOUNTS FOR EARLY PAYMENTS	(10,183)	
		
EXCESS/ (SHORTFALL)	$	(112,778)	
		
CARRYOVER FROM PRIOR YEAR	112,778	
		
NET EXCESS/ (SHORTFALL)	$	-	

8/20/2019 7:51 AM	I

DETAILED FINAL BUDGET
CAPRON TRAIL COMMUNITY DEVELOPMENT DISTRICT FISCAL YEAR 2019/2020
OCTOBER 1, 2019 - SEPTEMBER 30, 2020

REVENUES	
FISCAL YEAR 2017/2018
ACTUAL	
FISCAL YEAR 2018/2019
BUDGET	
FISCAL YEAR 2019/2020
BUDGET	

COMMENTS	
O & M ASSESSMENTS	325,006	270,781	243,700	Expenditures Less Interest, Other Income & Carryover/.92	
OTHER INCOME	14,485	12,070	10,863	Baer LLC: 241.41 Acres X 45.00 = 10,863	
INTEREST INCOME	523	360	360	Interest Projected At $30.00 Per Month	
					
TOTAL REVENUES	$	340,014	$	283,211	$	254,923		
					
ADMINISTRATIVE EXPENDITURES					
SUPERVISOR FEES	0	0	0	No Change From 2018/2019 Budget	
FICA TAXES	0	0	0	No Change From 2018/2019 Budget	
ENGINEERING	10,833	16,000	15,000	$1,000 Decrease From 2018/2019 Budget	
MANAGEMENT FEES	24,000	24,000	24,000	$2,000 Per Month	
LEGAL FEES	229	4,000	3,500	$500 Decrease From 2018/2019 Budget	
AUDIT FEES	5,000	5,200	5,200	No Change From 2018/2019 Budget	
INSURANCE - LIABILITY	5,778	6,350	6,350	Insurance Estimate	
LEGAL ADVERTISING	454	1,100	1,050	$500 Decrease From 2018/2019 Budget	
POSTAGE AND DELIVERY	87	300	300	No Change From 2018/2019 Budget	
OFFICE SUPPLIES/MISCELLANEOUS	649	1,000	1,000	No Change From 2018/2019 Budget	
DUES & SUBSCRIPTIONS	175	175	175	No Change From 2018/2019 Budget	
WEBSITE MANAGEMENT	1,500	1,500	1,750	$250 Increase From 2018/2019 Budget	
TOTAL ADMINISTRATIVE EXPENDITURES	48,705	59,625	58,325		
					
MAINTENANCE EXPENDITURES					
MOWING	45,070	36,000	38,000	$2,000 Increase From 2018/2019 Budget	
FUEL & OIL	104,860	70,630	72,630	$2,000 Increase From 2018/2019 Budget	
AQUATIC MAINTENANCE	32,755	40,000	37,000	$3,000 Decrease From 2018/2019 Budget	
OPERATIONS MANAGEMENT	48,935	42,000	48,000	$6,000 Increase From 2018/2019 Budget	
ROADWAYS & CULVERTS	11,086	10,000	10,000	No Change From 2018/2019 Budget	
CANAL REPAIR & MAINTENANCE	4,634	10,000	9,000	$1,000 Decrease From 2018/2019 Budget	
RESERVOIR REPAIR & MAINTENANCE	21,174	24,380	24,380	No Change From 2018/2019 Budget	
DRAINAGE ENGINE/PUMP REPAIR & MAINTENANCE	31,352	55,000	45,000	$10,000 Decrease From 2018/2019 Budget	
INSURANCE - MAINTENANCE	0	2,500	2,500	No Change From 2018/2019 Budget	
MISCELLANEOUS MAINTENANCE	0	2,500	2,500	No Change From 2018/2019 Budget	
TOTAL MAINTENANCE EXPENDITURES	299,866	293,010	289,010		
					
TOTAL EXPENDITURES	$	348,571	$	352,635	$	347,335		
					
REVENUES LESS EXPENDITURES	$	(8,557)	$	(69,424)	$	(92,412)		
					
COUNTY APPRAISER & TAX COLLECTOR FEE	(11,083)	(11,314)	(10,183)	Four Percent Of Total Assessment Roll	
DISCOUNTS FOR EARLY PAYMENTS	(8,815)	(11,314)	(10,183)	Four Percent Of Total Assessment Roll	
					
EXCESS/ (SHORTFALL)	$	(28,455)	$	(92,052)	$	(112,778)		
					
CARRYOVER FROM PRIOR YEAR	0	92,052	112,778	Carryover From Prior Year	
					
NET EXCESS/ (SHORTFALL)	$	(28,455)	$	-	$	-		

8/20/2019 7:51 AM	II

Capron Trail Community Development District Assessment Comparison

O & M

Fiscal Year	Fiscal Year	Fiscal Year	Fiscal Year	
2016/2017	2017/2018	2018/2019	2019/2020	
Assessment	Assessment	Assessment	Projected Assessment	
 	Per Unit		 	Per Unit		 	Per Unit		 	Per Unit		

$	86.16	$

60.00	$

50.00	$

45.00

 	Loan Debt	

  $	-	

  $	-	

  $	-	

   $	-	

Total

$	86.16	$

60.00	$

50.00	$

45.00

* 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)

8/20/2019 7:51 AM	III