Capron Trail Community Development District

Proposed Budget For Fiscal Year 2024/2025
October 1, 2024 - September 30, 2025

CONTENTS

PROPOSED BUDGET

DETAILED PROPOSED BUDGET

ASSESSMENT COMPARISON

PROPOSED BUDGET
CAPRON TRAIL COMMUNITY DEVELOPMENT DISTRICT FISCAL YEAR 2024/2025
OCTOBER 1, 2024 - SEPTEMBER 30, 2025

REVENUES	
FISCAL YEAR 2024/2025
BUDGET	
ADMINISTRATIVE ASSESSMENTS	50,669	
MAINTENANCE ASSESSMENTS	275,651	
FACILITIES & SERVICE AGREEMENT (ADMIN)	2,361	
FACILITIES & SERVICE AGREEMENT (MAINT)	12,854	
DIRECT BILL - 2024 EXPANSION AREA (ADMIN)	4,459	
INTEREST INCOME	840	
		
TOTAL REVENUES	$	346,834	
		
ADMINISTRATIVE EXPENDITURES		
SUPERVISOR FEES	0	
FICA TAXES	0	
ENGINEERING	11,000	
MANAGEMENT FEES	24,000	
LEGAL FEES	4,000	
AUDIT FEES	3,800	
INSURANCE - LIABILITY	7,255	
LEGAL ADVERTISING	1,050	
POSTAGE AND DELIVERY	325	
OFFICE SUPPLIES/MISCELLANEOUS	950	
DUES & SUBSCRIPTIONS	175	
WEBSITE MANAGEMENT	1,750	
TOTAL ADMINISTRATIVE EXPENDITURES	54,305	
		
MAINTENANCE EXPENDITURES		
MOWING	27,000	
FUEL & OIL	110,500	
AQUATIC MAINTENANCE	17,565	
OPERATIONS MANAGEMENT	40,000	
ROADWAYS & CULVERTS	11,600	
CANAL REPAIR & MAINTENANCE	6,400	
RESERVOIR REPAIR & MAINTENANCE	8,000	
DRAINAGE ENGINE/PUMP REPAIR & MAINTENANCE	44,000	
INSURANCE - MAINTENANCE	0	
MISCELLANEOUS MAINTENANCE	360	
TOTAL MAINTENANCE EXPENDITURES	265,425	
		
TOTAL EXPENDITURES	$	319,730	
		
REVENUES LESS EXPENDITURES	$	27,104	
		
COUNTY APPRAISER & TAX COLLECTOR FEE	(13,552)	
DISCOUNTS FOR EARLY PAYMENTS	(13,552)	
		
EXCESS/ (SHORTFALL)	$	-	
		
CARRYOVER FROM PRIOR YEAR	0	
		
NET EXCESS/ (SHORTFALL)	$	-	

I

DETAILED PROPOSED BUDGET
CAPRON TRAIL COMMUNITY DEVELOPMENT DISTRICT FISCAL YEAR 2024/2025
OCTOBER 1, 2024 - SEPTEMBER 30, 2025

REVENUES	
FISCAL YEAR 2022/2023
ACTUAL	
FISCAL YEAR 2023/2024
BUDGET	
FISCAL YEAR 2024/2025
BUDGET	

COMMENTS	
ADMINISTRATIVE ASSESSMENTS	341,836	341,193	50,669	Expenditures Less Interest, Direct Bills & Carryover/.92	
MAINTENANCE ASSESSMENTS	0	0	275,651	Expenditures Less Direct Bills/.92	
FACILITIES & SERVICE AGREEMENT (ADMIN)	15,209	15,209	2,361	Baer LLC: 241.41 Acres X $9.78 = $2,360.99	
FACILITIES & SERVICE AGREEMENT (MAINT)	0	0	12,854	Baer LLC: 241.41 Acres X $53.21= $12,854.26	
DIRECT BILL - 2024 EXPANSION AREA (ADMIN)	0	0	4,459	455.99 Acres X $9.78 = $4,459.58	
INTEREST INCOME	4,463	420	840	Interest Projected At $70.00 Per Month	
					
TOTAL REVENUES	$	361,508	$	356,822	$	346,834		
					
ADMINISTRATIVE EXPENDITURES					
SUPERVISOR FEES	0	0	0	No Change From 2023/2024 Budget	
FICA TAXES	0	0	0	No Change From 2023/2024 Budget	
ENGINEERING	7,040	12,000	11,000	$1,000 Decrease From 2023/2024 Budget	
MANAGEMENT FEES	24,000	24,000	24,000	$2,000 Per Month	
LEGAL FEES	2,328	4,000	4,000	No Change From 2023/2024 Budget	
AUDIT FEES	3,600	3,700	3,800	$100 Increase From 2023/2024 Budget	
INSURANCE - LIABILITY	6,813	6,800	7,255	FY 2023/2024 Expenditure Was $6,813	
LEGAL ADVERTISING	736	1,050	1,050	No Change From 2023/2024 Budget	
POSTAGE AND DELIVERY	323	275	325	$50 Increase From 2023/2024 Budget	
OFFICE SUPPLIES/MISCELLANEOUS	1,526	1,000	950	$50 Decrease From 2023/2024 Budget	
DUES & SUBSCRIPTIONS	175	175	175	No Change From 2023/2024 Budget	
WEBSITE MANAGEMENT	1,750	1,750	1,750	No Change From 2023/2024 Budget	
TOTAL ADMINISTRATIVE EXPENDITURES	48,291	54,750	54,305		
					
MAINTENANCE EXPENDITURES					
MOWING	27,870	30,000	27,000	$3,000 Decrease From 2023/2024 Budget	
FUEL & OIL	122,520	95,000	110,500	FY 23/24 Expenditure Through March 2024 Was $68,319	
AQUATIC MAINTENANCE	48,746	17,565	17,565	FY 23/24 Expenditure Through March 2024 Was $9,124	
OPERATIONS MANAGEMENT	32,849	43,000	40,000	FY 23/24 Expenditure Through March 2024 Was $16,765	
ROADWAYS & CULVERTS	13,379	11,600	11,600	No Change From 2023/2024 Budget	
CANAL REPAIR & MAINTENANCE	7,012	8,400	6,400	$2,000 Decrease From 2023/2024 Budget	
RESERVOIR REPAIR & MAINTENANCE	4,902	12,000	8,000	$4,000 Decrease From 2023/2024 Budget	
DRAINAGE ENGINE/PUMP REPAIR & MAINTENANCE	45,734	55,000	44,000	FY 23/24 Expenditure Through March 2024 Was $13,181	
INSURANCE - MAINTENANCE	0	500	0	Line Item Eliminated	
MISCELLANEOUS MAINTENANCE	0	495	360	Miscellaneous Maintenance	
TOTAL MAINTENANCE EXPENDITURES	303,012	273,560	265,425		
					
TOTAL EXPENDITURES	$	351,303	$	328,310	$	319,730		
					
REVENUES LESS EXPENDITURES	$	10,205	$	28,512	$	27,104		
					
COUNTY APPRAISER & TAX COLLECTOR FEE	(12,111)	(14,256)	(13,552)	Four Percent Of Total Assessment Roll	
DISCOUNTS FOR EARLY PAYMENTS	(9,235)	(14,256)	(13,552)	Four Percent Of Total Assessment Roll	
					
EXCESS/ (SHORTFALL)	$	(11,141)	$	-	$	-		
					
CARRYOVER FROM PRIOR YEAR	0	0	0	Carryover From Prior Year	
					
NET EXCESS/ (SHORTFALL)	$	(11,141)	$	-	$	-		

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Capron Trail Community Development District Assessment Comparison

Fiscal Year	Fiscal Year	Fiscal Year	Fiscal Year	
2021/2022	2022/2023	2023/2024	2024/2025	
Assessment	Assessment	Assessment	Projected Assessment	
	Per Unit			Per Unit			Per Unit			Per Unit		

Administrative (formerly O&M)	$

63.00	$

63.00	$

63.00	$

9.78

	Maintenance	

 $	-	

 $	-	

 $	-	

 $	53.21 

Total

$	63.00	$

63.00	$

63.00	$

62.99

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

 Community Information (Administrative):		 Units (One Unit = 1 Acre)	5,878.77
Includes Baer LLC Acres (241.41) and 2024 Expansion Area (455.99)

 Community Information (Maintenance):		 Units (One Unit = 1 Acre)	5,422.78
Includes Baer LLC Acres (241.41)

III