Lakewood Ranch Stewardship District

Proposed Operating Budget for General Fund - Summary Budget For

Operation & Maintenance

October 1, 2015 to September 30, 2016

								Increase					Increase	
		Full Year			Full Year		(Decrease)		Full Year			(Decrease)	
Category		30-Sep-15			30-Sep-15		Forecast vs.		30-Sep-16		2016 Budget vs.	
		Forecast			Budget			Budget		Budget		2015 Forecast	
Sources of Funds:															
Assessments - Platted Land	$	754,644	$	601,957	$	152,687		$	852,175	$	97,531	
Assessments - Un Platted Land	$	389,337	$	120,138	$	269,199		$	195,560	$	(193,777)	
Landowner Contribution	$	427,521	$	735,822	$	(308,301)		$	710,759	$	283,238	
Other Revenue	$	-		$	-		$	-		$	-		$	-	
Total - Sources of Funds	$	1,571,502	$	1,457,917	$	113,585		$	1,758,494	$	186,992	
															
Uses of Funds															
General & Administrative Expenditures:															
Insurance	$	7,500	$	8,250	$	(750)		$	8,250	$	750	
Meeting Advertising	$	8,000	$	2,000	$	6,000		$	8,000	$	-	
Real Estate Taxes	$	-	$	1,000	$	(1,000)		$	-	$	-	
Engineering	$	40,000	$	35,000	$	5,000		$	40,000	$	-	
Bond Agent Fees	$	10,000	$	10,000	$	-		$	15,000	$	5,000	
Legal Fees	$	65,000	$	60,000	$	5,000		$	70,000	$	5,000	
Accounting	$	25,000	$	25,000	$	-		$	30,000	$	5,000	
Lien Book and Tax Roll	$	80,000	$	80,000	$	-		$	90,000	$	10,000	
Annual Audit	$	12,000	$	12,000	$	-		$	15,000	$	3,000	
Trustee	$	50,000	$	50,000	$	-		$	60,000	$	10,000	
Manager	$	50,000	$	50,000	$	-		$	60,000	$	10,000	
Travel and Per Diem	$	-	$	-	$	-		$	-	$	-	
Telephone	$	-	$	1,000	$	(1,000)		$	-	$	-	
Postage	$	505	$	500	$	5		$	500	$	(5)	
Other Current Charges	$	500	$	2,000	$	(1,500)		$	-	$	(500)	
Office Supplies	$	2,000	$	1,000	$	1,000		$	2,000	$	-	
Dues, Licenses, Subscriptions	$	175	$	240	$	(65)		$	175	$	-	
Capital Outlay	$	-	$	-	$	-		$	-	$	-	
Meeting Room Rent	$	-	$	-	$	-		$	-	$	-	
Outside Services; County Administrative Fee	$	-	$	-	$	-		$	-	$	-	
Contingency	$	-	$	-	$	-		$	-				
Total - General & Administrative	$	350,680	$	337,990	$	12,690		$	398,925	$	48,245	
Maintenance:															
Leased Employees	$	-	$	-	$	-		$	-	$	-	
Maintenance Management Fee	$	33,600	$	33,600	$	-		$	36,960	$	3,360	
Misc. Maintenance	$	3,000	$	15,100	$	(12,100)		$	3,000	$	-	
Master Landscape & Irrigation Repairs - Contracted	$	655,787	$	601,805	$	53,982		$	709,909	$	54,122	
Landscape & Irrigation Repairs - Non-Contracted	$	131,800	$	104,000	$	27,800		$	216,000	$	84,200	
Irrigation for Master Landscaping	$	244,620	$	197,162	$	47,458		$	273,200	$	28,580	
Environmental	$	85,835	$	62,400	$	23,435		$	57,000	$	(28,835)	
Utilities	$	12,580	$	13,500	$	(920)		$	6,200	$	(6,380)	
Other Maintenance	$	53,600	$	92,360	$	(38,760)		$	57,300	$	3,700	
Contingency (5% of Build out Budget)	$	-		$	-		$	-		$	-		$	-	
Total - Maintenance	$	1,220,822	$	1,119,927	$	100,895		$	1,359,569	$	138,747	
Total - Uses of Funds	$	1,571,502	$	1,457,917	$	113,585		$	1,758,494	$	186,992	
												
Operating Surplus or Deficit	$	-		$	-		$	-		$	-		$	-	

Page 1