Grove Resort CDD
FY 2027 Adopted O&M Budget

		FY 2027	
Adopted Budget	

Revenues			
On-Roll Assessments	$ 1,039,646.09	
Off-Roll Assessments		328.91	
Other Income & Other Financing Sources		90,000.00	
Net Revenues	$ 1,129,975.00	
General & Administrative Expenses			
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	
CAPEX Reserve		435,172.00	
Total General & Administrative	$1,129,975.00	
Expenses			
Total Expenses	 $ 	1,129,975.00	
Income (Loss) from Operations	$	-