Title: NFD Proposed Budget 2023-2024.xlsx
Author: JWalker

Newfield
Community Development District

Proposed Budget For Fiscal Year 2023/2024
October 1, 2023 - September 30, 2024

CONTENTS

PROPOSED BUDGET

DETAILED PROPOSED BUDGET

PROPOSED BUDGET
NEWFIELD COMMUNITY DEVELOPMENT DISTRICT FISCAL YEAR 2023/2024
OCTOBER 1, 2023 - SEPTEMBER 30, 2024

REVENUES

FISCAL YEAR 2023/2024
BUDGET

O&M Assessments | 0
Developer Contribution | 120,609
Debt Assessments | 0
Interest Income | 0
TOTAL REVENUES | $	120,609
EXPENDITURES |
Supervisor Fees | 0
Engineering/Inspections | 15,000
Miscellaneous Maintenance | 5,000
Management | 38,184
Legal | 30,000
Assessment Roll | 6,000
Audit Fees | 5,000
Arbitrage Rebate Fee | 650
Insurance | 5,800
Legal Advertisements | 5,000
Miscellaneous | 1,000
Postage | 300
Office Supplies | 1,500
Dues & Subscriptions | 175
Website Management | 1,500
Trustee Fees | 4,500
Continuing Disclosure Fee | 1,000
TOTAL EXPENDITURES | $	120,609
REVENUES LESS EXPENDITURES | $	-
Bond Payments | 0
BALANCE | $	-
County Appraiser & Tax Collector Fee | 0
Discounts For Early Payments | 0
EXCESS/ (SHORTFALL) | $	-

DETAILED PROPOSED BUDGET
NEWFIELD COMMUNITY DEVELOPMENT DISTRICT FISCAL YEAR 2023/2024
OCTOBER 1, 2023 - SEPTEMBER 30, 2024

REVENUES | FISCAL YEAR 2021/2022 ACTUAL | FISCAL YEAR 2022/2023 BUDGET | FISCAL YEAR 2023/2024 BUDGET | COMMENTS
O&M Assessments | 0 | 0 | 0 |
Developer Contribution | 62,891 | 114,505 | 120,609 | Developer Contribution
Debt Assessments | 0 | 0 | 0 |
Interest Income | 4 | 0 | 0 |
TOTAL REVENUES | $	62,895 | $	114,505 | $	120,609 |
EXPENDITURES | | | |
Supervisor Fees | 0 | 0 | 0 |
Engineering/Inspections | 2,303 | 15,000 | 15,000 |
Miscellaneous Maintenance | 0 | 0 | 5,000 | Miscellaneous Maintenance
Management | 36,000 | 37,080 | 38,184 | CPI Increase (Capped At 3%)
Legal | 13,631 | 30,000 | 30,000 |
Assessment Roll | 0 | 6,000 | 6,000 | Will Commence In Fiscal Year Of Bond Issuance
Audit Fees | 3,200 | 5,000 | 5,000 | Price Will Increase Following Bond Issuance
Arbitrage Rebate Fee | 0 | 650 | 650 | Will Commence In Fiscal Year Following Issuing Of Bond
Insurance | 5,000 | 5,800 | 5,800 | Insurance Estimate
Legal Advertisements | 468 | 5,000 | 5,000 |
Miscellaneous | 112 | 1,000 | 1,000 |
Postage | 129 | 300 | 300 |
Office Supplies | 373 | 1,500 | 1,500 |
Dues & Subscriptions | 175 | 175 | 175 | Annual Fee Due Department Of Economic Opportunity
Website Management | 1,500 | 1,500 | 1,500 | 12 Months X $125
Trustee Fees | 0 | 4,500 | 4,500 | Will Commence In Fiscal Year Following Issuing Of Bond
Continuing Disclosure Fee | 0 | 1,000 | 1,000 | Will Commence In Fiscal Year Following Issuing Of Bond
TOTAL EXPENDITURES | $	62,891 | $	114,505 | $	120,609 |
REVENUES LESS EXPENDITURES | $	4 | $	- | $	- |
Bond Payments | 0 | 0 | 0 |
BALANCE | $	4 | $	- | $	- |
County Appraiser & Tax Collector Fee | 0 | 0 | 0 |
Discounts For Early Payments | 0 | 0 | 0 |
EXCESS/ (SHORTFALL) | $	4 | $	- | $	- |

5/22/2023 11:10 AM