Grove Community District

Proposed Budget For Fiscal Year 2019/2020
October 1, 2019 - September 30, 2020

CONTENTS

PROPOSED BUDGET

DETAILED PROPOSED BUDGET

PROPOSED BUDGET
GROVE COMMUNITY DISTRICT FISCAL YEAR 2019/2020
OCTOBER 1, 2019 - SEPTEMBER 30, 2020

REVENUES	
FISCAL YEAR 2019/2020
BUDGET	
O&M Assessments	0	
Developer Contribution	9,975	
Debt Assessments	0	
Interest Income	0	
		
TOTAL REVENUES	$	9,975	
		
EXPENDITURES		
Supervisor Fees	0	
Engineering/Inspections	0	
Management	6,000	
Legal	2,000	
Assessment Roll	0	
Audit Fees	0	
Insurance	0	
Legal Advertisements	625	
Miscellaneous	625	
Dues & Subscriptions	175	
Arbitrage Rebate Fee	0	
Trustee Fee	0	
Continuing Disclosure Fee	0	
Website Management	550	
		
TOTAL EXPENDITURES	$	9,975	
		
REVENUES LESS EXPENDITURES	$	-	
		
Bond Payments	0	
		
BALANCE	$	-	
		
County Appraiser & Tax Collector Fee	0	
Discounts For Early Payments	0	
		
EXCESS/ (SHORTFALL)	$	-	

DETAILED PROPOSED BUDGET
GROVE COMMUNITY DISTRICT FISCAL YEAR 2019/2020
OCTOBER 1, 2019 - SEPTEMBER 30, 2020

REVENUES	
FISCAL YEAR 2017/2018 ACTUAL	
FISCAL YEAR 2018/2019 BUDGET	
FISCAL YEAR 2019/2020 BUDGET	

COMMENTS	
O&M Assessments	0	0	0		
Developer Contribution	7,132	9,975	9,975	Developer Contribution	
Debt Assessments	0	0	0		
Interest Income	0	0	0		
					
TOTAL REVENUES	$	7,132	$	9,975	$	9,975		
					
EXPENDITURES					
Supervisor Fees	0	0	0		
Engineering/Inspections	0	0	0		
Management	6,000	6,000	6,000	No Change From 2018/2019 Budget	
Legal	0	2,000	2,000	No Change From 2018/2019 Budget	
Assessment Roll	0	0	0		
Audit Fees	0	0	0		
Insurance	0	0	0		
Legal Advertisements	235	650	625	$25 Decrease From 2018/2019 Budget	
Miscellaneous	222	650	625	$25 Decrease From 2018/2019 Budget	
Dues & Subscriptions	175	175	175	No Change From 2018/2019 Budget	
Arbitrage Rebate Fee	0	0	0		
Trustee Fee	0	0	0		
Continuing Disclosure Fee	0	0	0		
Website Management	500	500	550	$50 Increase From 2018/2019 Budget	
					
TOTAL EXPENDITURES	$	7,132	$	9,975	$	9,975		
					
REVENUES LESS EXPENDITURES	$	-	$	-	$	-		
					
Bond Payments	0	0	0		
					
BALANCE	$	-	$	-	$	-		
					
County Appraiser & Tax Collector Fee	0	0	0		
Discounts For Early Payments	0	0	0		
					
EXCESS/ (SHORTFALL)	$	-	$	-	$	-