Blue Lake Community Development District

Proposed Budget For Fiscal Year 2018/2019
October 30, 2018 - September 30, 2019

CONTENTS

PROPOSED BUDGET

DETAILED PROPOSED BUDGET

PROPOSED BUDGET
BLUE LAKE COMMUNITY DEVELOPMENT DISTRICT FISCAL YEAR 2018/2019
OCTOBER 30, 2018 - SEPTEMBER 30, 2019

REVENUES	
FISCAL YEAR 2018/2019
BUDGET	
O&M Assessments	0	
Developer Contribution	92,975	
Debt Assessments	0	
Interest Income	0	
		
TOTAL REVENUES	$	92,975	
		
EXPENDITURES		
Supervisor Fees	0	
Engineering/Inspections	2,500	
Engineering Report*	15,000	
Management	22,500	
Legal	20,000	
Assessment Roll	4,000	
Methodology Report*	15,000	
Audit Fees	0	
Arbitrage Rebate Fee	0	
Insurance	6,000	
Legal Advertisements	5,000	
Miscellaneous	1,000	
Postage	300	
Office Supplies	1,500	
Dues & Subscriptions	175	
Trustee Fees	0	
Continuing Disclosure Fee	0	
		
TOTAL EXPENDITURES	$	92,975	
		
REVENUES LESS EXPENDITURES	$	-	
		
Bond Payments	0	
		
BALANCE	$	-	
		
County Appraiser & Tax Collector Fee	0	
Discounts For Early Payments	0	
		
EXCESS/ (SHORTFALL)	$	-	

*These items can either be classified as operating expenditures or as bond closing expenditures. If they are classified as bond closing expenditures the total budget would be $62,975.00

DETAILED PROPOSED BUDGET
BLUE LAKE COMMUNITY DEVELOPMENT DISTRICT FISCAL YEAR 2018/2019
OCTOBER 30, 2018 - SEPTEMBER 30, 2019

REVENUES	
FISCAL YEAR 2016/2017 ACTUAL	
FISCAL YEAR 2017/2018 BUDGET	
FISCAL YEAR 2018/2019 BUDGET	

COMMENTS	
O&M Assessments	0	0	0		
Developer Contribution	0	0	92,975	Developer Contribution	
Debt Assessments	0	0	0		
Interest Income	0	0	0		
					
TOTAL REVENUES	$	-	$	-	$	92,975		
					
EXPENDITURES					
Supervisor Fees	0	0	0		
Engineering/Inspections	0	0	2,500		
Engineering Report*	0	0	15,000		
Management	0	0	22,500	10 Months X $2,250 (Includes Website Management)	
Legal	0	0	20,000		
Assessment Roll	0	0	4,000	For 11-1-2019 Roll	
Methodology Report*	0	0	15,000		
Audit Fees	0	0	0	Will Commence In Fiscal Year Following Issuing Of Bond	
Arbitrage Rebate Fee	0	0	0	Will Commence In Fiscal Year Following Issuing Of Bond	
Insurance	0	0	6,000		
Legal Advertisements	0	0	5,000		
Miscellaneous	0	0	1,000		
Postage	0	0	300		
Office Supplies	0	0	1,500		
Dues & Subscriptions	0	0	175	Annual Fee Due Department Of Economic Opportunity	
Trustee Fees	0	0	0	Will Commence In Fiscal Year Following Issuing Of Bond	
Continuing Disclosure Fee	0	0	0	Will Commence In Fiscal Year Following Issuing Of Bond	
					
TOTAL EXPENDITURES	$	-	$	-	$	92,975		
					
REVENUES LESS EXPENDITURES	$	-	$	-	$	-		
					
Bond Payments	0	0	0		
					
BALANCE	$	-	$	-	$	-		
					
County Appraiser & Tax Collector Fee	0	0	0		
Discounts For Early Payments	0	0	0		
					
EXCESS/ (SHORTFALL)	$	-	$	-	$	-		

*These items can either be classified as operating expenditures or as bond closing expenditures. If they are classified as bond closing expenditures the total budget would be $62,975.00