Cypress Grove	
Community Development District	

Final Budget For	
Fiscal Year 2024/2025	
October 1, 2024 - September 30, 2025	

CONTENTS

DETAILED FINAL BUDGET

DETAILED FINAL DEBT SERVICE FUND BUDGET

ASSESSMENT COMPARISON

FINAL BUDGET
CYPRESS GROVE COMMUNITY DEVELOPMENT DISTRICT FISCAL YEAR 2024/2025
OCTOBER 1, 2024 - SEPTEMBER 30, 2025

REVENUES	
FISCAL YEAR	
FISCAL YEAR	
FISCAL YEAR	

COMMENTS	
	2022/2023	2023/2024	2024/2025		
	ACTUAL	BUDGET	BUDGET		
ADMINISTRATIVE & MAINTENANCE ASSESSMENTS	494,799	517,450	653,555	$95.39 x 6,851.40 acres	
DEBT ASSESSMENTS	0	0	0		
OTHER REVENUES (County Park)	15,199	5,603	5,603		
INTEREST INCOME	0	0	0		
CARRY FORWARD FUNDS	18,178	30,000	30,000	Balance Brought Forward from Last Year	
TOTAL REVENUES	$	528,176	$	553,053	$	689,158		
					
EXPENDITURES					
					
ADMINISTRATIVE EXPENDITURES					
MANAGEMENT	6,000	6,000	24,000		
LEGAL	23,333	24,000	5,000		
ENGINEERING	16,580	30,000	30,000		
INSURANCE	9,575	9,000	14,000		
AUDIT FEES	4,700	4,900	5,000		
POSTAGE	32	100	100		
PUBLICATION, ADVERTISING, & DUES	2,752	1,000	3,000		
MISCELLANEOUS	256	1,000	1,000		
ISS FEE	0	770	0		
TOTAL ADMINISTRATIVE EXPENDITURES	$	63,228	$	76,770	$	82,100		
					
MAINTENANCE EXPENDITURES					
AQUATIC PLANT CONTROL	45,830	10,000	55,000		
PUMP OPERATION & MAINTENANCE	215,540	264,534	262,000		
ROAD GRADING	41,826	20,000	40,000		
CANAL MAINTENANCE	108,225	45,000	110,000		
FUEL	53,526	80,000	70,000		
TOTAL MAINTENANCE EXPENDITURES	$	464,948	$	419,534	$	537,000		
					
TOTAL EXPENDITURES	$	528,176	$	496,304	$	619,100		
					
REVENUES LESS EXPENDITURES	$	-	$	56,749	$	70,058		
					
BOND PAYMENTS	0	-	-		
					
BALANCE	$	-	$	56,749	$	70,058		
					
COUNTY APPRAISER & TAX COLLECTOR FEE	0	(5,174)	(13,071)	Two Percent Of Total Assessment Roll	
DISCOUNTS FOR EARLY PAYMENTS	0	(20,698)	(26,142)	Four Percent Of Total Assessment Roll	
					
EXCESS/ (SHORTFALL)	$	-	$	30,877	$	30,845		
					
RESERVE FOR CONTINGENCIES	0	30,877	30,845	Balance Forward to Next Year	
					
NET EXCESS/ (SHORTFALL)	$	-	$	-	$	-		

I

FINAL DEBT SERVICE FUND BUDGET
CYPRESS GROVE COMMUNITY DEVELOPMENT DISTRICT FISCAL YEAR 2024/2025
OCTOBER 1, 2024 - SEPTEMBER 30, 2025

REVENUES	FISCAL YEAR 2022/2023 ACTUAL	FISCAL YEAR 2023/2024 BUDGET	FISCAL YEAR 2024/2025 BUDGET	

COMMENTS	

Interest Income	
0	
0	
0		

NAV Tax Collection	
0	
0	
0		

Total Revenues	
$	-	
$	-	
$	-		

EXPENDITURES					

Principal Payments	
0	
0	
0		

Interest Payments	
0	
0	
0		

Mandatory Principal Redemption	
0	
0	
0		

Total Expenditures	
$	-	
$	-	
$	-		

Excess/ (Shortfall)	
$	-	
$	-	
$	-		

Bond Information

Original Par Amount =	$0	Annual Principal Payments Due =	N/A	
Interest Rate =	0.00%	Annual Interest Payments Due =	
Issue Date =	N/A		
Maturity Date =			

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Cypress Grove Community Development District Assessment Comparison

Fiscal Year	
2021/2022	
Assessment	

Fiscal Year	
2022/2023	
Assessment	

Fiscal Year	
2023/2024	
Assessment	

Fiscal Year	
2024/2025	
Projected Assessment	

Administrative & Maintenance		$	75.39		$	75.39		$	75.39		$	95.39	
Debt		$	-		$	-		$	-		$	-	
Total		$	75.39		$	75.39		$	75.39		$	95.39	

* Assessments Include the Following :		
4% Discount for Early Payments	
1% County Tax Collector Fee	
1% County Property Appraiser Fee	

 District Information:		 Total Acres	6,851.40

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