Capron Trail Community Development District

Proposed Budget For Fiscal Year 2021/2022
October 1, 2021 - September 30, 2022

CONTENTS

PROPOSED BUDGET

DETAILED PROPOSED BUDGET

ASSESSMENT COMPARISON

PROPOSED BUDGET
CAPRON TRAIL COMMUNITY DEVELOPMENT DISTRICT FISCAL YEAR 2021/2022
OCTOBER 1, 2021 - SEPTEMBER 30, 2022

REVENUES	
FISCAL YEAR 2021/2022
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	13,000	
MANAGEMENT FEES	24,000	
LEGAL FEES	3,000	
AUDIT FEES	3,500	
INSURANCE - LIABILITY	6,064	
LEGAL ADVERTISING	1,050	
POSTAGE AND DELIVERY	300	
OFFICE SUPPLIES/MISCELLANEOUS	1,000	
DUES & SUBSCRIPTIONS	175	
WEBSITE MANAGEMENT	1,750	
TOTAL ADMINISTRATIVE EXPENDITURES	53,839	
		
MAINTENANCE EXPENDITURES		
MOWING	44,000	
FUEL & OIL	72,630	
AQUATIC MAINTENANCE	17,565	
OPERATIONS MANAGEMENT	48,000	
ROADWAYS & CULVERTS	12,000	
CANAL REPAIR & MAINTENANCE	8,400	
RESERVOIR REPAIR & MAINTENANCE	23,380	
DRAINAGE ENGINE/PUMP REPAIR & MAINTENANCE	45,000	
INSURANCE - MAINTENANCE	1,500	
MISCELLANEOUS MAINTENANCE	1,936	
TOTAL MAINTENANCE EXPENDITURES	274,411	
		
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)	$	-	

5/7/2021 9:47 AM	I

DETAILED PROPOSED BUDGET
CAPRON TRAIL COMMUNITY DEVELOPMENT DISTRICT FISCAL YEAR 2021/2022
OCTOBER 1, 2021 - SEPTEMBER 30, 2022

REVENUES	
FISCAL YEAR 2019/2020
ACTUAL	
FISCAL YEAR 2020/2021
BUDGET	
FISCAL YEAR 2021/2022
BUDGET	

COMMENTS	
O & M ASSESSMENTS	243,796	341,193	341,193	Expenditures Less Interest, Other Income & Carryover/.92	
OTHER INCOME	10,863	15,209	15,209	Baer LLC: 241.41 Acres X 63.00 = 15,209	
INTEREST INCOME	482	360	360	Interest Projected At $30.00 Per Month	
					
TOTAL REVENUES	$	255,141	$	356,762	$	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	655	14,000	13,000	$1,000 Decrease From 2020/2021 Budget	
MANAGEMENT FEES	24,000	24,000	24,000	$2,000 Per Month	
LEGAL FEES	148	3,000	3,000	No Change From 2020/2021 Budget	
AUDIT FEES	3,300	3,400	3,500	Accepted Amount For 2020/2021 Audit	
INSURANCE - LIABILITY	5,251	6,000	6,064	Insurance Estimate	
LEGAL ADVERTISING	920	1,050	1,050	No Change From 2020/2021 Budget	
POSTAGE AND DELIVERY	259	300	300	No Change From 2020/2021 Budget	
OFFICE SUPPLIES/MISCELLANEOUS	389	1,000	1,000	No Change From 2020/2021 Budget	
DUES & SUBSCRIPTIONS	175	175	175	No Change From 2020/2021 Budget	
WEBSITE MANAGEMENT	1,750	1,750	1,750	No Change From 2020/2021 Budget	
TOTAL ADMINISTRATIVE EXPENDITURES	36,847	54,675	53,839		
					
MAINTENANCE EXPENDITURES					
MOWING	45,359	43,000	44,000	$1,000 Increase From 2020/2021 Budget	
FUEL & OIL	64,226	72,630	72,630	No Change From 2020/2021 Budget	
AQUATIC MAINTENANCE	16,825	19,565	17,565	$2,000 Decrease From 2020/2021 Budget	
OPERATIONS MANAGEMENT	44,443	48,000	48,000	No Change From 2020/2021 Budget	
ROADWAYS & CULVERTS	16,224	10,000	12,000	$2,000 Increase From 2020/2021 Budget	
CANAL REPAIR & MAINTENANCE	1,405	9,000	8,400	$600 Decrease From 2020/2021 Budget	
RESERVOIR REPAIR & MAINTENANCE	22,379	21,380	23,380	$2,000 Increase From 2020/2021 Budget	
DRAINAGE ENGINE/PUMP REPAIR & MAINTENANCE	84,981	45,000	45,000	FY 2020/2021 Expenditure Through Feb 2021 Was $12,987	
INSURANCE - MAINTENANCE	0	2,500	1,500	$1,000 Decrease From 2020/2021 Budget	
MISCELLANEOUS MAINTENANCE	25	2,500	1,936	$564 Decrease From 2020/2021 Budget	
TOTAL MAINTENANCE EXPENDITURES	295,867	273,575	274,411		
					
TOTAL EXPENDITURES	$	332,714	$	328,250	$	328,250		
					
REVENUES LESS EXPENDITURES	$	(77,573)	$	28,512	$	28,512		
					
COUNTY APPRAISER & TAX COLLECTOR FEE	(8,643)	(14,256)	(14,256)	Four Percent Of Total Assessment Roll	
DISCOUNTS FOR EARLY PAYMENTS	(6,922)	(14,256)	(14,256)	Four Percent Of Total Assessment Roll	
					
EXCESS/ (SHORTFALL)	$	(93,138)	$	-	$	-		
					
CARRYOVER FROM PRIOR YEAR	0	0	0	Carryover From Prior Year	
					
NET EXCESS/ (SHORTFALL)	$	(93,138)	$	-	$	-		

5/7/2021 9:47 AM	II

Capron Trail Community Development District Assessment Comparison

O & M

Fiscal Year	Fiscal Year	Fiscal Year	Fiscal Year	
2018/2019	2019/2020	2020/2021	2021/2022	
Assessment	Assessment	Assessment	Projected Assessment	
 	Per Unit		 	Per Unit		 	Per Unit		 	Per Unit		

$	50.00	$

45.00	$

63.00	$

63.00

 	Loan Debt	

  $	-	

  $	-	

  $	-	

   $	-	

Total

$	50.00	$

45.00	$

63.00	$

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)

5/7/2021 9:47 AM	III