Lakewood Ranch Stewardship District Proposed Operating Budget for General Fund - Summary Budget For Operation & Maintenance October 1, 2020 to September 30, 2021

Estimated Buildout Budget

$ 10,048,008

Category

Sources of Funds:
Assessments - Platted Land Assessments - Un Platted Land Landowner Contribution
Other Revenue (Park Rental Fees)

Total - Sources of Funds	
Full Year 30-Sep-20

Budget

$   4,326,130
$	186,747
$   3,061,056
  $	1,000

$   7,574,933	
PRELIM BUDGET	Increase	
			(Decrease)	
				
		FY2021;	2021 Budget vs.	
		Resolution	2020 Budget	
		
$	4,789,638
$	223,441
$	3,060,985
$	1,000	
90%	$	463,508
84%	$	36,694
100%	$	(71)
   $	-	
		
$	8,075,064	
94%	$	500,131	

Uses of Funds					
Administrative Expenditures:					
Insurance	$	8,000	$	8,000	100%	$	-	
Meeting Advertising	$	15,000	$	15,000	100%	$	-	
Engineering	$	70,000	$	80,000	88%	$	10,000	
Bond Agent Fees	$	30,000	$	23,000	130%	$	(7,000)	
Legal Fees	$	100,000	$	100,000	100%	$	-	
Accounting	$	32,000	$	115,000	28%	$	83,000	
Lien Book and Tax Roll	$	150,000	$	253,500	59%	$	103,500	
Annual Audit	$	17,000	$	20,000	85%	$	3,000	
Trustee	$	100,000	$	118,250	85%	$	18,250	
Manager	$	108,000	$	105,000	103%	$	(3,000)	
Travel and Per Diem	$	-	$	-		$	-	
Telephone	$	-	$	-		$	-	
Postage	$	1,500	$	1,500	100%	$	-	
Office Supplies	$	1,500	$	1,500	100%	$	-	
Other Current Charges	$	3,810	$	3,810	100%	$	-	
Dues, Licenses, Subscriptions	$	22,000	$	22,000	100%	$	-	
Capital Outlay	$	-	$	-		$	-	
Meeting Room Rent	$	-	$	-		$	-	
Outside Services; County Administrative Fee	  $	-	$	-		   $	-	
Total - Administrative	$	658,810	$	866,560	76%	$	207,750	
Reserves	$	152,578	$	152,578	
100%	$	-	
Maintenance:					
Maintenance Management Fee - allocated at buildout	$	300,000	$	300,000	100%	$	-	
General & Parks Maintenance - allocated at buildout	$	383,400	$	447,400	86%	$	64,000	
Community Services Admin. Fee	$	96,240	$	178,575	54%	$	82,335	
Landscape & Irrigation Maintenance - Contracted	$ 3,626,086	$	3,000,332	121%	$	(625,754)	
Landscape & Irrigation Repairs - Non-Contracted	$	901,000	$	1,414,000	64%	$	513,000	
Irrigation for Master Landscaping	$ 1,016,846	$	1,066,846	95%	$	50,000	
Environmental	$	241,500	$	356,000	68%	$	114,500	
Utilities	$	55,273	$	55,273	100%	$	-	
Other Maintenance	$	143,200	$	237,500	60%	$	94,300	
Contingency	  $	-	$	-		   $	-	

Total - Maintenance	
$ 6,763,545	
$	7,055,926	
96%	
$	292,381	

Total - Uses of Funds	
$ 7,574,933	
$	8,075,064	
94%	
$	500,131	

Operating Surplus or Deficit	
  $	(0)	
$	-	
   $	0	
			
Increase	
	Budget FY2020	
Prelim. Budget	(Decrease)
2020 Budget vs.	
Maintenance Expense by Land Area:		FY2021; RES.	2019 Budget	
Southeast Sector	$1,676,873	$1,594,658	105%	-$82,216	
Northwest Sector	$1,795,260	$1,728,084	104%	-$67,176	
Northeast Sector	$1,365,504	$1,455,142	94%	$89,638	
Sarasota Sector	$1,146,268	$1,352,068	85%	$205,800	
Other / General Maintenance	$431,640	$513,975	84%	$82,335	
Parks Maintenance	      $348,000		$412,000	84%	 	$64,000		
Total	$6,763,545	$7,055,926	96%	$292,381	

$	-
$	-
  $	-

$ 10,048,008

$	20,000
$	20,000
$	80,000
$	75,000
$	125,000
$	125,000
$	350,000
$	50,000
$	150,000
$	150,000
$	-
$	-
$	2,657
$	10,629
$	1,500
$	22,000
$	-
$	-
  $	-
$  1,181,786

$	276,375

$	500,250
$	987,000
$	317,088
$  3,137,989
$  1,504,000
$  1,216,846
$	606,000
$	42,173
$	278,500
  $	-

$  8,589,847

Page 1

$ 10,048,008

  $	-

Estimated Buildout Budget
$1,667,158
$1,864,084
$1,672,199
$1,582,068
$1,042,338
      $762,000 
$8,589,847