Cypress Grove Community Development District

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

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

$0

$219,897

$219,897

Debt Balance As Of 9/30/2024

Debt Projected FY 2024/2025 Activity

Debt Fund Balance As Of 9/30/2025

$96,438

$	(91,504)

$4,934

Fund Balance As Of 9/30/2024

Projected FY 2024/2025 Activity

Fund Balance As Of 9/30/2025

REVENUES

FISCAL YEAR 2024/2025 BUDGET 10/1/24 - 9/30/25

AMENDED FINAL BUDGET
10/1/24 - 9/30/25

YEAR TO DATE ACTUAL
10/1/24 - 9/29/25

O&M Assessments

653,555

654,147

654,147

Developer Contribution

0

0

0

Debt Assessments

0

0

0

Interest Income

0

7,796

7,796

Miscellaneous Income (County Park Assessment)

5,603

8,902

8,902

Line Of Credit Draw

0

214,047

214,047

Total Revenues

$	659,158

$	884,892

$	884,892

EXPENDITURES

Administrative Expenditures

Administrative Fees

24,000

24,000

24,000

Attorney Fees

5,000

5,000

3,846

Engineering Fees

30,000

50,000

44,497

Insurance

14,000

6,953

6,953

Auditing Fees

5,000

5,000

5,000

Postage

100

100

90

Publication, Advertising & Dues

3,000

1,000

871

Miscellaneous Administrative Fees

1,000

1,000

346

ISS Fee

0

0

0

Line of Credit Fee

0

5,850

5,850

Total Administrative Expenditures

$	82,100

$	98,903

$	91,452

EXPENDITURES

Maintenance Expenditures

Aquatic Plant Control

55,000

55,000

46,442

Pump Operations & Maintenance

262,000

230,000

216,886

Road Grading

40,000

35,000

26,824

Canal Maintenance

110,000

85,000

75,560

Fuel

70,000

45,000

38,734

Reserve Contingency

30,845

10,000

25

Pipe Slip Lining / N Pump Project

0

385,000

365,996

Line of Credit

Total Maintenance Expenditures

$	567,845

$	845,000

$	770,468

Total Expenditures

$	649,945

$	943,903

$	861,919

REVENUES LESS EXPENDITURES

$	9,213.00

$	(59,011)

$	22,973

Bond Payments

0

0

0

BALANCE

$	9,213

$	(59,011)

$	22,973

County Appraiser & Tax Collector Fee

(13,071)

(7,517)

(7,517)

Discounts For Early Payments

(26,142)

(24,976)

(24,976)

EXCESS/ (SHORTFALL)

$	(30,000)

$	(91,504)

$	(9,520)

Carryover From Prior Year

30,000

0

0

NET EXCESS/ (SHORTFALL)

$	-

$	(91,504)

$	(9,520)