Cross Creek CDD
Adopted Revised FY 2024 Budget

PFM Group Consulting LLC
3501 Quadrangle Blvd
Suite 270
Orlando, FL 32817
407-723-5900

Cross Creek CDD	
Adopted Revised FY 2024 O&M Budget	

FY 2024
Adopted Budget

FY 2024
Actual

FY 2024
Adopted Revised d Budget

Revenues
On-Roll Assessments	$	534,245.00		$ 534,245.00		$  534,245.00	
Other Revenue	41,000.00		41,630.30		41,630.30	
Other Income & Other Financing Sources	-		23,235.24		23,235.24	
Net Revenues	$	575,245.00		$ 599,110.54		$  599,110.54	

General & Administrative Expenses

Public Officials' Insurance	$	3,228.00		$	3,843.00		$	3,843.00	
Trustee Services	8,500.00		5,387.49		8,500.00	
District Management	33,000.00		33,000.00		33,000.00	
Field Management	7,250.00		7,800.00		7,800.00	
Engineering	500.00		-		500.00	
Annual Disclosure	1,000.00		250.00		1,000.00	
Property Appraiser	500.00		-		500.00	
District Counsel	8,000.00		15,738.64		15,738.64	
Assessment Administration	5,000.00		5,000.00		5,000.00	
Reamortization Schedule	500.00		-		500.00	
Audit	4,400.00		4,085.00		4,400.00	
Arbitrage Calculation	500.00		-		500.00	
Postage & Shipping	100.00		91.86		100.00	
Copies	25.00		-		25.00	
Legal Advertising	450.00		287.35		450.00	
Office Supplies	150.00		-		150.00	
Web Site Maintenance	480.00		989.99		989.99	
Dues, Licenses, and Fees	175.00		175.00		175.00	
Total General & Administrative Expenses	$	73,758.00		$  76,648.33		$	83,171.63	
Field Expenses

Electric	$	38,152.00		$  30,909.21		$	38,152.00	
Propane	100.00		237.37		237.37	
Water	12,000.00		14,727.01		14,727.01	
Pool Maintenance	12,000.00		29,624.15		29,624.15	
Amenity - Camera/Monitoring (Envera)	7,704.00		6,918.36		7,704.00	
Amenity - Janitorial	9,800.00		9,911.40		9,911.40	
General Liability Insurance	4,271.00		3,960.00		4,271.00	
Property & Casualty	10,400.00		9,801.00		10,400.00	
Lake Maintenance	15,000.00		16,520.00		16,520.00	
Landscaping Maintenance & Material	132,000.00		171,311.60		171,311.60	
Landscape Improvements	35,142.00		27,535.45		35,142.00	
Contingency	8,918.00		1,517.56		8,918.00	
Major Repair & Replacements	190,000.00		103,155.63		156,578.81	
Contingency/Property Improvements	25,000.00		-		25,000.00	
Pest Control	1,000.00		1,091.80		1,091.80	
Total Field Expenses	$	501,487.00		$ 427,220.54		$  529,589.14	

Total Expenses	 $	575,245.00   $ 503,868.87   $  612,760.77 

Income (Loss) from Operations

$	-	$  95,241.67

$	(13,650.23)

Other Income (Expense)
Interest Income

$	-	$  13,650.23

$	13,650.23

Total Other Income (Expense)	$	
-	$  13,650.23		$	13,650.23	
Net Income (Loss)	$	
-	$ 108,891.90		$	-	
	
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