Grove Resort CDD
FY 2027 Approved Proposed O&M Budget

FY 2027
Approved Proposed Budget

Revenues
On-Roll Assessments Off-Roll Assessments
Other Income & Other Financing Sources
Net Revenues
General & Administrative Expenses

$ 1,039,646.09
328.91
90,000.00

$ 1,129,975.00

Supervisor Fees	$	8,000.00	
Trustee Services	10,000.00	
Management	30,000.00	
Engineering	15,000.00	
Disclosure Agent	10,000.00	
Property Appraiser	1,500.00	
District Counsel	60,000.00	
Assessment Administration	20,000.00	
Reamortization Schedules	750.00	
Audit	15,000.00	
Tax Preparation Fees	50.00	
Arbitrage Calculation	1,000.00	
Travel and Per Diem	6,000.00	
Postage & Shipping	1,500.00	
Legal Advertising	2,500.00	
Property Taxes	150.00	
Web Site Maintenance	2,700.00	
Dues, Licenses, and Fees	175.00	
General Liability Insurance	18,975.00	
Property & Casualty	391,390.00	
Cyber Liability	836.00	
3-Month Reserve	84,277.00	
Contingency	15,000.00	
Reserve	435,172.00	
Total General & Administrative Expenses	$1,129,975.00	
Total Expenses	 $  1,129,975.00	
Income (Loss) from Operations	$	-	

Other Income (Expense)
Interest Income	$	-
Total Other Income (Expense)	$	-

Net Income (Loss)	$	-