Blue Lake Community Development District

Proposed Budget For Fiscal Year 2019/2020
October 30, 2019 - September 30, 2020

CONTENTS

PROPOSED BUDGET

DETAILED PROPOSED BUDGET

PROPOSED BUDGET
BLUE LAKE COMMUNITY DEVELOPMENT DISTRICT FISCAL YEAR 2019/2020
OCTOBER 30, 2019 - SEPTEMBER 30, 2020

REVENUES	
FISCAL YEAR 2019/2020 BUDGET	
O&M Assessments	0	
Developer Contribution	108,605	
Debt Assessments	0	
Interest Income	0	
		
TOTAL REVENUES	$	108,605	
		
EXPENDITURES		
Supervisor Fees	0	
Engineering/Inspections	2,500	
Engineering Report	0	
Management	27,000	
Legal	20,000	
Assessment Roll	4,000	
Methodology Report	0	
Audit Fees	4,000	
Arbitrage Rebate Fee	650	
Insurance	6,000	
Legal Advertisements	5,000	
Miscellaneous	1,000	
Postage	300	
Office Supplies	1,500	
Dues & Subscriptions	175	
Trustee Fees	4,000	
Continuing Disclosure Fee	1,000	
Mitigation Monitoring	31,480	
TOTAL EXPENDITURES	$	108,605	
		
REVENUES LESS EXPENDITURES	$	-	
		
Bond Payments	0	
		
BALANCE	$	-	
		
County Appraiser & Tax Collector Fee	0	
Discounts For Early Payments	0	
		
EXCESS/ (SHORTFALL)	$	-	

DETAILED PROPOSED BUDGET
BLUE LAKE COMMUNITY DEVELOPMENT DISTRICT FISCAL YEAR 2019/2020
OCTOBER 30, 2019 - SEPTEMBER 30, 2020

REVENUES	
FISCAL YEAR 2017/2018 ACTUAL	
FISCAL YEAR 2018/2019 BUDGET	
FISCAL YEAR 2019/2020 BUDGET	

COMMENTS	
O&M Assessments	0	0	0		
Developer Contribution	0	92,975	108,605	Developer Contribution	
Debt Assessments	0	0	0		
Interest Income	0	0	0		
					
TOTAL REVENUES	$	-	$	92,975	$	108,605		
					
EXPENDITURES					
Supervisor Fees	0	0	0		
Engineering/Inspections	0	2,500	2,500	No Change From 2018/2019 Budget	
Engineering Report*	0	15,000	0		
Management	0	22,500	27,000	$2,250 Per Month - CPI Increase To Commence In 2020/2021	
Legal	0	20,000	20,000	No Change From 2018/2019 Budget	
Assessment Roll	0	4,000	4,000	For 11-1-2020 Roll	
Methodology Report*	0	15,000	0		
Audit Fees	0	0	4,000	Will Commence In Fiscal Year Following Issuing Of Bond	
Arbitrage Rebate Fee	0	0	650	Will Commence In Fiscal Year Following Issuing Of Bond	
Insurance	0	6,000	6,000	No Change From 2018/2019 Budget	
Legal Advertisements	0	5,000	5,000	No Change From 2018/2019 Budget	
Miscellaneous	0	1,000	1,000	No Change From 2018/2019 Budget	
Postage	0	300	300	No Change From 2018/2019 Budget	
Office Supplies	0	1,500	1,500	No Change From 2018/2019 Budget	
Dues & Subscriptions	0	175	175	Annual Fee Due Department Of Economic Opportunity	
Trustee Fees	0	0	4,000	Will Commence In Fiscal Year Following Issuing Of Bond	
Continuing Disclosure Fee	0	0	1,000	Will Commence In Fiscal Year Following Issuing Of Bond	
Mitigation Monitoring	0	0	31,480	Mitigation Monitoring	
TOTAL EXPENDITURES	$	-	$	92,975	$	108,605		
					
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.