Falcon Trace
Community Development District Amended Budget
FY 2016

Table of Contents

1	 	General Fund

Falcon Trace Community Development District
General Fund
Fiscal Year 2016

DESCRIPTION	ADOPTED BUDGET
F/Y 2016	
INCREASE/ DECREASE	AMENDED BUDGET
F/Y 2016	ACTUALS AS OF
09/30/16	

REVENUES:					
Maintenance Assessments	$355,855	$0	$355,855	$364,372	
Miscellaneous Income	$1,000	$3,000	$4,000	$3,640	
Interest Income	$0	$150	$150	$112	
Carry Forward Surplus	$0	$46,931	$46,931	$0	
TOTAL REVENUES	$356,855	$50,081	$406,936	$368,123	

EXPENDITURES:					
Administrative:					
Supervisors Fees	$8,000	($2,000)	$6,000	$5,800	
FICA Expense	$612	($162)	$450	$444	
Engineering Fees	$5,000	($4,000)	$1,000	$0	
Dissemination	$1,000	$0	$1,000	$1,000	
Assessment Roll	$5,000	$0	$5,000	$5,000	
Arbitrage Rebate	$600	$0	$600	$600	
Attorney Fees	$15,000	$2,000	$17,000	$14,938	
Annual Audit	$3,300	$0	$3,300	$3,300	
Trustee Fees	$4,327	$10	$4,337	$4,337	
Management Fees	$50,112	$0	$50,112	$50,112	
Computer Time	$1,000	$0	$1,000	$1,000	
Website Maintenance	$450	$0	$450	$450	
Telephone	$100	($50)	$50	$25	
Postage	$1,000	($500)	$500	$228	
Printing and Binding	$1,500	($900)	$600	$555	
Insurance	$11,009	($1,061)	$9,948	$9,948	
Legal Advertising	$2,500	($500)	$2,000	$1,521	
Contingency	$1,200	$0	$1,200	$1,006	
Property Taxes	$0	$0	$0	$0	
Property Appraiser	$1,000	$0	$1,000	$902	
Office Supplies	$800	($600)	$200	$155	
Dues, Licenses, Subscriptions	$175	$0	$175	$175	
TOTAL ADMINISTRATIVE	$113,685	($7,763)	$105,922	$101,495	

Maintenance:					
Field Management	$18,780	$0	$18,780	$18,780	
Property Insurance	$7,026	$0	$7,026	$6,245	
Pool Staff Payroll	$74,778	$0	$74,778	$71,484	
Security	$920	($220)	$700	$612	
Telephone Expense	$4,000	$500	$4,500	$4,322	
Electric	$18,900	($2,900)	$16,000	$15,475	
Irrigation/Water	$13,500	($4,500)	$9,000	$8,820	
Lake Maintenance	$8,600	$6,400	$15,000	$13,609	
Pest Control	$650	$0	$650	$0	
Pool Maintenance	$32,000	$0	$32,000	$30,617	
Grounds Maintenance	$29,036	$964	$30,000	$29,369	
General Facility Maintenance	$7,000	$11,000	$18,000	$15,788	
Refuse Service	$2,400	$600	$3,000	$2,802	
Field Contingency	$5,000	($4,000)	$1,000	$0	
Transfer Out - Current Year	$20,580	$50,000	$70,580	$70,580	
TOTAL MAINTENANCE	$243,170	$57,844	$301,014	$288,503	
					
TOTAL EXPENDITURES	$356,855	$50,081	$406,936	$389,998	
					
EXCESS REVENUES (EXPENDITURES)	$0	$0	$0	($21,875)	

1