Celebration Pointe Community Development District #1
Annual Operations & Maintenance Revised Budget FY 2025

Adopted FY 2025		Proposed Revised	
Revenues:		Budget		FY 2025 Budget	
On Roll Assessments	$	720,265.61		$	624,009.16	
Special Income		-			1.91	
Developer Contributions		-			15,079.85	
Developer Contributions Parking Garage		-			44,983.93	
Interest Income		-			12,362.73	
Interest Income Parking Garage		-			825.14	
Rental Income		-			8,750.04	
Total Revenues	$	720,265.61		$	706,012.76	
General & Administrative Expenses	
Expenditures:						
Engineering Fees	$	15,000.00		$	1,500.00	
Trustee Fees		30,000.00			24,000.00	
District Management Fees		35,000.00			35,000.00	
Assessment Administration (Series 2014A, 2017A, 2021 and O&M)		22,500.00			22,500.00	
Supervisor Fees		1,600.00			-	
Re-amortization Schedule (Series 2014A, 2017A and 2021)		750.00			-	
District Counsel Fees		25,000.00			60,000.00	
Audit Fees		8,500.00			9,800.00	
Property Appraiser		75.00			75.00	
Disclosure Agent		9,500.00			9,500.00	
Travel & Per Diem		500.00			-	
Conference Calls		50.00			-	
Mailing Expenses		500.00			200.00	
Arbitrage Calculation		-			2,450.00	
D&O Insurance		3,450.00			3,350.00	
General Insurance		4,300.00			4,220.00	
Property Insurance		3,150.00			2,800.00	
Printing & Binding		425.00			425.00	
Legal Advertising		7,500.00			3,000.00	
Miscellaneous		14,275.00			9,502.15	
Dues, Licenses & Fees		305.00			305.00	
Property Taxes		9,500.00			9,500.00	
Electric		2,000.00			2,000.00	
Water		4,000.00			4,000.00	
Hurricane Cleanup		15,000.00			3,500.00	
Website Maintenance		2,940.00			2,940.00	
Landscaping Maintenance & Material		10,000.00			1,000.00	
Total General & Administrative Expenses	$	225,820.00		$	211,567.15	
Parking Garage Expense	
Repair & Maintenance Fire Safety/Alarms	$	5,000.00		$	14,000.00	
Repair & Maintenance HVAC		-			-	
Security Communications		50,000.00			53,591.00	
Electric		45,000.00			56,178.45	
Water & Sewer		15,000.00			1,502.45	
Internet & Telephone		5,000.00			5,000.00	
Property Taxes		262,685.00			262,685.00	
Property Insurance		60,000.00			72,100.00	
Landscaping Contract Maintenance		20,000.00			8,432.50	
Miscellaneous		31,510.61			20,706.21	
Late Fees		250.00			250.00	
Total Parking Garage Expenses	$	494,445.61		$	494,445.61	
Total Expenses	$	720,265.61		$	706,012.76