Sanctuary Cove CDD
FY 2025 Proposed O&M Budget

FY 2024	FY 2025	
	Adopted	Proposed	
		Budget	Budget	

Revenues						
On-Roll Assessments	$	82,015.00	$	82,015.00	
Net Revenues	$	82,015.00	
$	82,015.00	
General & Administrative Expenses						
Supervisor Fees	$	1,600.00	$	3,000.00	
D&O Insurance		4,232.00	3,669.00	
Trustee Services		6,000.00	6,000.00	
Management		10,000.00	12,500.00	
Engineering		2,000.00	2,000.00	
Disclosure		5,000.00	5,000.00	
District Counsel		12,000.00	12,000.00	
Assessment Administration		7,500.00	7,500.00	
Reamortization Schedule		125.00	125.00	
Audit		4,800.00	4,900.00	
Arbitrage		500.00	500.00	
Telephone		15.00			15.00	
Postage & Shipping		250.00	250.00	
Copies		200.00	200.00	
Legal Advertising		7,000.00	5,500.00	
Bank Fees		50.00			50.00	
Reserves		13,858.00	11,586.00	
Office Supplies		135.00	135.00	
Web Site Maintenance		2,600.00	2,600.00	
Dues, Licenses, and Fees		175.00	175.00	
Insurance - General		3,875.00	4,210.00	
Landscape Management		100.00	100.00	
Total General & Administrative Expenses	$	82,015.00	
$	82,015.00	
Total Expenses	 $		82,015.00	 $	82,015.00	
Net Income (Loss)	$	-		$	-