Capron Trail Community Development District

Proposed Budget For Fiscal Year 2020/2021
October 1, 2020 - September 30, 2021

CONTENTS

PROPOSED BUDGET

DETAILED PROPOSED BUDGET

ASSESSMENT COMPARISON

PROPOSED BUDGET
CAPRON TRAIL COMMUNITY DEVELOPMENT DISTRICT FISCAL YEAR 2020/2021
OCTOBER 1, 2020 - SEPTEMBER 30, 2021

REVENUES	
FISCAL YEAR 2020/2021
BUDGET	
O & M ASSESSMENTS	341,193	
OTHER INCOME	15,209	
INTEREST INCOME	360	
		
TOTAL REVENUES	$	356,762	
		
ADMINISTRATIVE EXPENDITURES		
SUPERVISOR FEES	0	
FICA TAXES	0	
ENGINEERING	14,000	
MANAGEMENT FEES	24,000	
LEGAL FEES	3,000	
AUDIT FEES	3,400	
INSURANCE - LIABILITY	6,000	
LEGAL ADVERTISING	1,050	
POSTAGE AND DELIVERY	300	
OFFICE SUPPLIES/MISCELLANEOUS	1,000	
DUES & SUBSCRIPTIONS	175	
WEBSITE MANAGEMENT	1,750	
TOTAL ADMINISTRATIVE EXPENDITURES	54,675	
		
MAINTENANCE EXPENDITURES		
MOWING	43,000	
FUEL & OIL	72,630	
AQUATIC MAINTENANCE	19,565	
OPERATIONS MANAGEMENT	48,000	
ROADWAYS & CULVERTS	10,000	
CANAL REPAIR & MAINTENANCE	9,000	
RESERVOIR REPAIR & MAINTENANCE	21,380	
DRAINAGE ENGINE/PUMP REPAIR & MAINTENANCE	45,000	
INSURANCE - MAINTENANCE	2,500	
MISCELLANEOUS MAINTENANCE	2,500	
TOTAL MAINTENANCE EXPENDITURES	273,575	
		
TOTAL EXPENDITURES	$	328,250	
		
REVENUES LESS EXPENDITURES	$	28,512	
		
COUNTY APPRAISER & TAX COLLECTOR FEE	(14,256)	
DISCOUNTS FOR EARLY PAYMENTS	(14,256)	
		
EXCESS/ (SHORTFALL)	$	-	
		
CARRYOVER FROM PRIOR YEAR	0	
		
NET EXCESS/ (SHORTFALL)	$	-	

6/5/2020 5:42 PM	I

DETAILED PROPOSED BUDGET
CAPRON TRAIL COMMUNITY DEVELOPMENT DISTRICT FISCAL YEAR 2020/2021
OCTOBER 1, 2020 - SEPTEMBER 30, 2021

REVENUES	
FISCAL YEAR 2018/2019
ACTUAL	
FISCAL YEAR 2019/2020
BUDGET	
FISCAL YEAR 2020/2021
BUDGET	

COMMENTS	
O & M ASSESSMENTS	270,926	243,700	341,193	Expenditures Less Interest, Other Income & Carryover/.92	
OTHER INCOME	12,070	10,863	15,209	Baer LLC: 241.41 Acres X 63.00 = 15,209	
INTEREST INCOME	469	360	360	Interest Projected At $30.00 Per Month	
					
TOTAL REVENUES	$	283,465	$	254,923	$	356,762		
					
ADMINISTRATIVE EXPENDITURES					
SUPERVISOR FEES	0	0	0	No Change From 2019/2020 Budget	
FICA TAXES	0	0	0	No Change From 2019/2020 Budget	
ENGINEERING	11,549	15,000	14,000	$1,000 Decrease From 2019/2020 Budget	
MANAGEMENT FEES	24,000	24,000	24,000	$2,000 Per Month	
LEGAL FEES	495	3,500	3,000	$500 Decrease From 2019/2020 Budget	
AUDIT FEES	5,000	5,200	3,400	Accepted Amount For 2019/2020 Audit	
INSURANCE - LIABILITY	5,000	6,350	6,000	Insurance Estimate	
LEGAL ADVERTISING	915	1,050	1,050	No Change From 2019/2020 Budget	
POSTAGE AND DELIVERY	97	300	300	No Change From 2019/2020 Budget	
OFFICE SUPPLIES/MISCELLANEOUS	561	1,000	1,000	No Change From 2019/2020 Budget	
DUES & SUBSCRIPTIONS	175	175	175	No Change From 2019/2020 Budget	
WEBSITE MANAGEMENT	1,500	1,750	1,750	No Change From 2019/2020 Budget	
TOTAL ADMINISTRATIVE EXPENDITURES	49,292	58,325	54,675		
					
MAINTENANCE EXPENDITURES					
MOWING	57,402	38,000	43,000	$5,000 Increase From 2019/2020 Budget	
FUEL & OIL	71,727	72,630	72,630	No Change From 2019/2020 Budget	
AQUATIC MAINTENANCE	11,519	37,000	19,565	$17,435 Decrease From 2019/2020 Budget	
OPERATIONS MANAGEMENT	40,019	48,000	48,000	No Change From 2019/2020 Budget	
ROADWAYS & CULVERTS	11,752	10,000	10,000	No Change From 2019/2020 Budget	
CANAL REPAIR & MAINTENANCE	10,883	9,000	9,000	No Change From 2019/2020 Budget	
RESERVOIR REPAIR & MAINTENANCE	7,941	24,380	21,380	$3,000 Decrease From 2019/2020 Budget	
DRAINAGE ENGINE/PUMP REPAIR & MAINTENANCE	44,778	45,000	45,000	No Change From 2019/2020 Budget	
INSURANCE - MAINTENANCE	0	2,500	2,500	No Change From 2019/2020 Budget	
MISCELLANEOUS MAINTENANCE	40	2,500	2,500	No Change From 2019/2020 Budget	
TOTAL MAINTENANCE EXPENDITURES	256,061	289,010	273,575		
					
TOTAL EXPENDITURES	$	305,353	$	347,335	$	328,250		
					
REVENUES LESS EXPENDITURES	$	(21,888)	$	(92,412)	$	28,512		
					
COUNTY APPRAISER & TAX COLLECTOR FEE	(9,559)	(10,183)	(14,256)	Four Percent Of Total Assessment Roll	
DISCOUNTS FOR EARLY PAYMENTS	(7,691)	(10,183)	(14,256)	Four Percent Of Total Assessment Roll	
					
EXCESS/ (SHORTFALL)	$	(39,138)	$	(112,778)	$	-		
					
CARRYOVER FROM PRIOR YEAR	0	112,778	0	Carryover From Prior Year	
					
NET EXCESS/ (SHORTFALL)	$	(39,138)	$	-	$	-		

6/5/2020 5:42 PM	II

Capron Trail Community Development District Assessment Comparison

O & M

Fiscal Year	Fiscal Year	Fiscal Year	Fiscal Year	
2017/2018	2018/2019	2019/2020	2020/2021	
Assessment	Assessment	Assessment	Projected Assessment	
 	Per Unit		 	Per Unit		 	Per Unit		 	Per Unit		

$	60.00	$

50.00	$

45.00	$

63.00

 	Loan Debt	

  $	-	

  $	-	

  $	-	

   $	-	

Total

$	60.00	$

50.00	$

45.00	$

63.00

* 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)

6/5/2020 5:42 PM	III