Adopted Budget
Fiscal Year 2024

Turtle Run Community Development District

July 31, 2023

Turtle Run
Community Development District

TABLE OF CONTENTS

General Fund
Budget	Page 1-3
Budget Narrative	Page 4-8
Operating Reserve Schedule	Page 9
Capital Reserves Schedule	Page 10
Debt Service Funds
Budget	Page 11
Amortization Schedules	Page 12-13
Capital Projects Funds
Budget	Page 14

Adopted	Actual	Projected	Total	Adopted	
Budget	Thru	Next	Projected	Budget	
 Description	 	FY 2023	 	6/30/23	   3 Months	 	9/30/23	 	FY 2024	
Revenues

Special Assessment - Levy	$1,272,662	$1,278,635	$12,597	$1,291,232	$1,272,662	
Interest Income	$1,000	$37,775	$2,445	$40,220	$25,500	
Insurance Proceeds	$0	$27,625	$0	$27,625	$0	
Miscellaneous Income	$0	$217	$0	$217	$0	
 TOTAL REVENUES	 	$1,273,662   $1,344,252  	$15,042   $1,359,294   $1,298,162 
Expenditures
Administrative
Supervisor Fees	$24,000	$13,800	$6,000	$19,800	$24,000	
FICA Expense	$1,836	$1,056	$459	$1,515	$1,836	
Arbitrage	$600	$600	$0	$600	$600	
Engineering	$10,000	$0	$0	$0	$0	
Attorney	$50,000	$37,533	$16,667	$54,200	$54,000	
Attorney - Special Counsel	$20,000	$6,715	$2,238	$8,953	$20,000	
Trustee Fees	$7,000	$7,000	$0	$7,000	$7,000	
Annual Audit	$4,300	$4,300	$0	$4,300	$4,400	
Management Fees	$64,914	$48,686	$16,228	$64,914	$66,862	
Computer Time	$1,000	$750	$250	$1,000	$1,000	
Website Compliance	$1,000	$750	$250	$1,000	$1,000	
Telephone	$200	$0	$0	$0	$0	
Postage	$750	$406	$188	$594	$750	
Printing & Binding	$2,400	$1,199	$600	$1,799	$2,000	
Rentals & Leases	$4,800	$3,600	$1,200	$4,800	$4,800	
Meeting Room	$0	$0	$0	$0	$4,800	
Insurance	$11,406	$11,406	$0	$11,406	$12,547	
Legal Advertising	$1,200	$269	$300	$569	$1,000	
Other Current Charges	$1,200	$185	$300	$485	$1,000	
Office Supplies	$250	$125	$63	$188	$250	
Dues, Licenses & Subscriptions	$175	$175	$0	$175	$175	
 Security	 	$0  	$2,017  	$1,614  	$3,631  	$4,500 
 TOTAL ADMINISTRATIVE	 	$207,031  	$140,572  	$46,356  	$186,928  	$212,520 
Field
Special Pay	$0	$1,000	$0	$1,000	$1,000	
Field Management	$50,000	$37,500	$12,500	$50,000	$51,500	
Video Monitoring	$3,000	$2,038	$681	$2,719	$3,000	

Adopted
Budget	Actual
Thru	Projected
Next	Total
Projected	Adopted
Budget	
 Description	 	FY 2023	 	6/30/23	   3 Months	 	9/30/23	 	FY 2024		
Internet/Data	$4,000	$2,394	$675	$3,069	$3,000	
Electric	$98,000	$81,436	$27,145	$108,581	$110,000	
Water	$9,000	$5,784	$2,892	$8,676	$9,000	
Insurance	$38,123	$35,608	$0	$35,608	$53,412	
Weed Control	$31,260	$23,445	$7,815	$31,260	$31,782	
Culvert Inspection	$15,000	$13,900	$0	$13,900	$15,000	
Holiday Lighting	$52,768	$59,761	$0	$59,761	$71,406	
Iguana Removal	$7,500	$3,750	$2,500	$6,250	$7,500	
Landscape Maintenance	$338,794	$252,308	$84,036	$336,344	$346,227	
Pest Control/Fertilization	$48,300	$36,225	$12,075	$48,300	$48,300	
Landscape Replacement	$109,000	$54,211	$10,308	$64,519	$64,519	
Annual Tree Trimming	$31,000	$38,625	$0	$38,625	$39,000	
Fountain Maintenance	$7,500	$2,178	$855	$3,033	$3,420	
Fountain Repairs	$15,000	$2,030	$3,750	$5,780	$7,500	
Irrigation Repairs/Maintenance	$17,500	$17,495	$5,832	$23,327	$23,000	
Pressure Cleaning	$37,070	$25,515	$11,555	$37,070	$37,070	
Contingencies	$15,115	$17,476	$0	$17,476	$18,096	
Paver Repairs	$0	$10,540	$0	$10,540	$10,000	
Lighting/Electrical Repairs	$20,000	$14,083	$4,694	$18,777	$20,000	
RPM Replacements	$4,500	$0	$4,500	$4,500	$4,500	
Rust Preventative TR Park	$4,200	$3,220	$1,103	$4,323	$4,410	
Gas/Oil/Misc	$2,000	$41	$0	$41	$0	
Holiday Decorations	$5,000	$5,000	$0	$5,000	$0	
Flags	$3,000	$6,256	$0	$6,256	$3,000	
Capital Projects Transfer Out	$100,000	$100,000	$0	$100,000	$100,000	
Capital Improvements	$0	$49,223	$8,521	$57,744	$0	

 TOTAL FIELD MAINTENANCE	 	$1,066,630  	$901,042  	$201,437   $1,102,479   $1,085,643 

 TOTAL EXPENDITURES	 	$1,273,661   $1,041,614  	$247,793   $1,289,407   $1,298,162 

 EXCESS (DEFICIENCY) OF REVENUES	 	$0  	$302,638  	($232,751)  	$69,887  	($0) 

Adopted	Actual	Projected	Total	Adopted	
Budget	Thru	Next	Projected	Budget	
 Description	 	FY 2023	 	6/30/23	   3 Months	 	9/30/23	 	FY 2024	

	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	
Net Assessment	$1,271,477	$1,271,477	$1,272,662	$1,272,662	$1,272,662	
Discounts & Collections 6%	$83,075	$83,075	$83,151	$83,151	$83,151	
Gross Assessment	$1,354,552	$1,354,552	$1,355,812	$1,355,812	$1,355,812	
Assessable Acres	311.51	311.51	311.80	311.80	311.80	
Assessment Per Acre	$4,348.34	$4,348.34	$4,348.34	$4,348.34	$4,348.34	

Residential-Single Family	108.74	$1,456.70	$4,348.34	$5,805.04	
Condo-Cypress Pointe	26.72	$1,456.70	$4,348.34	$5,805.04	
2017-2	
Apartment-The Grove	32.41	$1,602.03	$4,348.34	$5,950.37	
Apartment-Park Place	17.49	$1,602.03	$4,348.34	$5,950.37	
Apartments-The Park	13.92	$1,602.03	$4,348.34	$5,950.37	
Commercial	112.52	$1,552.53	$4,348.34	$5,900.87	
	311.8				

Unit Type

Acres

2017-1

Debt Service	General Fund
Assessment (1)	Assessment

Total Gross Assessment
Per Acre

(1) Refer to page 11 for detailed calculation.

REVENUES:

Special Assessments
The District will levy a non-ad-valorem special assessment on all taxable property within the District to fund all of the general operating expenditures for the fiscal year.

EXPENDITURES:

Administrative

Supervisor Fees
The Florida Statutes allows each board member to receive $200 per meeting not to exceed $4,800 in one year. The amount for the fiscal year is based upon all five supervisors attending the estimated 24 semi- monthly meetings.

FICA Expense
Represents the employer's share of Social Security and Medicare taxes withheld from Board of Supervisors checks.

Arbitrage
The District is required to annually have an arbitrage rebate calculation on the District's Series 2017-1 and 2017-2 Special Assessment Bonds. Currently the District has contracted Grau & Associates, an independent certified public accounting firm, to calculate the rebate liability and submit a report to the District.

Attorney
The District's legal counsel will be providing general legal services to the District, i.e., attendance and preparation for monthly meetings, review operating and maintenance contracts, etc.

Attorney – Special Counsel
The District's special counsel will be providing legal services to the District in connection with the issues related to the improper design and building of entrance feature fountains at Turtle Run Boulevard and Sample Road Entrance.

Trustee Fees
The District issued Series 2017-1 and Series 2017-2 Special Assessment Bonds. The amount of the trustee fees is based on the agreement between the trustee and the District.

Annual Audit
The District is required annually to conduct an audit of its financial records by an Independent Certified Public Accounting Firm.

Management Fees
The District receives Management, Accounting and Administrative services as part of a Management Agreement with Governmental Management Services-South Florida. These services are further outlined in Exhibit "A" of the Management Agreement.

Computer Time
The District processes all of its financial activities, i.e., accounts payable, financial statements, etc. on a mainframe computer leased by Governmental Management Services-South Florida.

Website Compliance
Per Section 189.069 F.S., all Districts must have a website by October 1, 2015 to provide detailed information on the CDD as well as links to useful websites regarding Compliance issues. This website will be maintained by GMS-SF, LLC and updated as required by the Statute.

Postage
Mailing of agenda packages, overnight deliveries, correspondence, etc.

Printing & Binding
Printing and Binding agenda packages for board meetings, printing of computerized checks, stationary, envelopes etc.

Rental & Leases
The District will be charged $400 per month for office rent from Governmental Management Services- South Florida, LLC.

Meeting Room
Cost to rent space to hold the monthly board meetings.

Insurance
The District's general liability & public officials liability insurance policy is with Egis Insurance Advisors, a company that specializes in providing insurance coverage to governmental agencies.

Legal Advertising
The District is required to advertise various notices for monthly Board meetings, public hearings, etc. in a newspaper of general circulation.

Other Current Charges
Bank charges and any other miscellaneous expenses that are incurred during the year.

Office Supplies
Miscellaneous office supplies.

Dues, Licenses & Subscriptions
The District is required to pay an annual fee to the Department of Economic Opportunity for $175. This is the only expense under this category for the District.

Security
Cost for the police officer to attend the monthly board meetings.

Field Maintenance

Special Pay
Special pay is a bonus for exemplary service for on-site field management personnel.

Field Management Fees
The District has contracted with Governmental Management Services-South Florida for the supervision and on-site management of Turtle Run Community Development District. Their responsibilities include reviewing contracts, providing the on-site support during designated times, and other maintenance related items, not to exceed 20 hours of field coverage per week.

Video Monitoring
Services are provided to the District by Blue Stream Fiber.

Internet/Data
The District currently has an account with Verizon Wireless. Services include data coverage for the iPads of the board of supervisors.

Electric
The District is currently responsible for the following accounts with Florida Power & Light and this has been budgeted based on historical charges:

Account Number	Description
95557-01334	3953 Turtle Run Blvd. - Fountain
13895-60937	6400 Wiles Road
13945-67968	6200 Wiles Road
41154-57279	6601 W. Sample Road - Entrance Lights 41224-58252	6403 W. Sample Road - 1 Pump
41745-56268	3954 Turtle Creek Drive - 2 Pump
41755-54296	3953 Turtle Run Blvd. - 3 Pump (Fountain) 69824-26402	6300 Turtle Run Blvd. - Aux
81978-96452	6201 W. Sample Road - Lights
01016-33543	4522 NW 67th Avenue - Pump
59623-05529	6644 NW 41st ST- Light 3
03810-93525	6716 NW 43rd PL- Light 2
93833-13526	6515 NW 43rd CT- Light1
78810-39213	6250 Turtle Run Blvd. Fountain
71974-03392	3601 Turtle Run Blvd #FTN & LTG 82186-97178	4372 N State Road 7 - Target Fountain

Water
The city of Coral Springs provides water service for the roundabout fountain, front entrance fountain and irrigation for landscaping on Wiles Road by the privacy wall.

Insurance
The District's property insurance is with Egis Insurance Advisors, a company that specializes in providing insurance coverage to governmental agencies.

Weed Control
Weed control services are provided by Solitude Lake Management and includes monthly inspections and treatment of aquatic weeds and algae, herbiciding, and algae control and removal.

Culvert Inspection
Annual storm drain cleaning for all storm drains throughout the District.

Holiday Lighting
The District has contracted with Christmas Designers Florida for the annual holiday lighting of the District.

Iguana Removal
The District has a contract with Redline Iguana Removal for bi-weekly removal of iguanas snaring, trapping, and shooting.

Landscape Maintenance
Landscape maintenance includes mowing of all the grass areas, pruning of shrubs, weeding of all bedding areas, irrigation maintenance, pest control, and fertilization.

Pest Control/Fertilization
Services include the interior/exterior service treatment of pest, insects, and rodents.

Landscape Replacement
Replacement of plants throughout the district.

Annual Tree Trimming
Cost to trim all of the trees throughout the district annually.

Fountain Maintenance
Monthly cleaning for the roundabout fountain and front entrance water features.

Fountain Repairs
Semi annual cleaning of floating fountains, repairs to lights, floats, motor and equipment, and repairs to front entrance fountain equipment.

Irrigation Repairs and Maintenance
Costs to maintain and repair the irrigation system, including making unscheduled repairs and replacements as required.

Pressure Cleaning
Annual pressure cleaning of sidewalks, entrance walls, etc.

Contingencies
Any unscheduled repairs and maintenance that the District should incur during the fiscal year.

Paver Repairs
Costs to repair the pavers throughout the District.

Lighting/Electrical Repairs
Repair and maintenance for entrance feature lighting, wall lights and streetlighting.

RPM Replacements
Replacement of solar RPM in the roundabout.

Rust Prevention TR Park
Chemicals needed for tank attached to irrigation pump in Turtle Run Park and pressure cleaning touch- up.

Flags
Costs for new flags.

Capital Projects Transfer Out
Transfer to the capital projects fund for the capital projects within the District.

TURTLE RUN
COMMUNITY DEVELOPMENT DISTRICT

OPERATING SCHEDULE RESERVES

Description	Amount

Beginning Balance - Carry Forward Surplus		$1,779,585	
Estimated Expenditures in Excess of Revenues (FY 23) Subtotal		$69,887	
Less:
Funding for First Quarter Operating Expenses	
($399,541)		
Reserved for Emergency Fund	($515,199)		
Total Undesignated Cash as of 9/30/2023		$934,733	

TURTLE RUN
COMMUNITY DEVELOPMENT DISTRICT

CAPITAL RESERVES

Description	Amount

Beginning Balance - (As of 7/21/2023)	$633,709

Expected Cost to Complete Ongoing Capital Projects	($51,739)
Engineering Fees (Est. through September 2023)	($21,427)
Contingencies	($52,000)  $	(125,166) 

Total Capital Reserves as of 9/30/23	$508,543

Turtle Run	Debt Service Fund
Community Development District	Series 2017 Special Assessment Revenue Bonds

	Adopted
Budget		Actual
Thru		Projected
Next		Total
Projected		Adopted
Budget	
 Description				FY 2023				6/30/23				3 Months				9/30/23				FY 2024		
Revenues						

$269,617					
Special Assessments		$445,623		$447,154		$4,298		$451,452		$445,623	
Interest Income		$0		$17,019		$3,075		$20,094		$0	
Carry Forward Surplus		$253,129		$248,459		$0		$248,459		$276,990	
  TOTAL REVENUES				$698,752 			$712,632 			$7,373 			$720,005 			$722,613 	

Expenditures											
Series 2017-1											
Interest - 11/1		$49,433		$49,433		$0		$49,433		$48,529	
Interest - 5/1		$49,433		$49,433		$0		$49,433		$48,529	
Principal - 5/1		$85,000		$85,000		$0		$85,000		$85,000	

Series 2017-2											
Interest - 11/1		$89,575		$89,575		$0		$89,575		$87,975	
Interest - 5/1		$89,575		$89,575		$0		$89,575		$87,975	
Principal - 5/1		$80,000		$80,000		$0		$80,000		$85,000	
  TOTAL EXPENDITURES				$443,015 			$443,015 			$0 			$443,015 			$443,009 	
EXCESS REVENUES (EXPENDITURES)		$255,737		$269,617		$7,373		$276,990		$279,605	
								
11/24 Interest		
$47,573	
								11/24 Interest			$86,275 	
								Total			$133,848 	

Unit Type 2017-1	
Acres	Gross Assessment Per Unit Amount	
Total	
Residential-Single Family	108.61	$1,456.70	$158,212.19	
Condo-Cypress Pointe	26.72	$1,456.70	$38,923.02	
2017-2				
Apartment-The Grove	32.41	$1,602.03	$51,921.79	
Apartment-Park Place	17.49	$1,602.03	$28,019.50	
Apartments-The Park	13.92	$1,602.03	$22,300.26	
Commercial		112.52		$1,552.53		$174,690.68 	
	311.67		$474,067.44	
Less Discount/Collection Fees		($28,444.05)
Total Net Assessment	$445,623.39	

DATE	BALANCE	PRINCIPAL	INTEREST	TOTAL

05/01/23	$	3,110,000.00	$	
11/01/23	$	3,025,000.00	$	
05/01/24	$	3,025,000.00	$	
11/01/24	$	2,940,000.00	$	
05/01/25	$	2,940,000.00	$	
11/01/25	$	2,850,000.00	$	
05/01/26	$	2,850,000.00	$	
11/01/26	$	2,760,000.00	$	
05/01/27	$	2,760,000.00	$	
11/01/27	$	2,665,000.00	$	
05/01/28	$	2,665,000.00	$	
11/01/28	$	2,570,000.00	$	
05/01/29	$	2,570,000.00	$	1	
11/01/29	$	2,470,000.00	$	
05/01/30	$	2,470,000.00	$	1	
11/01/30	$	2,365,000.00	$	
05/01/31	$	2,365,000.00	$	1	
11/01/31	$	2,260,000.00	$	
05/01/32	$	2,260,000.00	$	1	
11/01/32	$	2,150,000.00	$	
05/01/33	$	2,150,000.00	$	1	
11/01/33	$	2,035,000.00	$	
05/01/34	$	2,035,000.00	$	1	
11/01/34	$	1,920,000.00	$	
05/01/35	$	1,920,000.00	$	1	
11/01/35	$	1,800,000.00	$	
05/01/36	$	1,800,000.00	$	1	
11/01/36	$	1,675,000.00	$	
05/01/37	$	1,675,000.00	$	1	
11/01/37	$	1,545,000.00	$	
05/01/38	$	1,545,000.00	$	1	
11/01/38	$	1,410,000.00	$	
05/01/39	$	1,410,000.00	$	1	
11/01/39	$	1,275,000.00	$	
05/01/40	$	1,275,000.00	$	1	
11/01/40	$	1,135,000.00	$	
05/01/41	$	1,135,000.00	$	1	
11/01/41	$	990,000.00	$	
05/01/42	$	990,000.00	$	1	
11/01/42	$	840,000.00	$	
05/01/43	$	840,000.00	$	1	
11/01/43	$	685,000.00	$	
05/01/44	$	685,000.00	$	1	
11/01/44	$	525,000.00	$	
05/01/45	$	525,000.00	$	1	
11/01/45	$	355,000.00	$	
05/01/46	$	355,000.00	$	1	
11/01/46	$	180,000.00	$	
05/01/47	$	180,000.00	$	1	
			$	3,2	

$	49,432.50	$	-	
$	48,529.38	$	182,961.88	
$	48,529.38	$	-	
$	47,573.13	$	181,102.50	
$	47,573.13	$	-	
$	46,448.13	$	184,021.25	
$	46,448.13	$	-	
$	45,278.13	$	181,726.25	
$	45,278.13	$	-	
$	43,971.88	$	184,250.00	
$	43,971.88	$	-	
$	42,606.25	$	181,578.13	
$	42,606.25	$	-	
$	41,056.25	$	183,662.50	
$	41,056.25	$	-	
$	39,428.75	$	185,485.00	
$	39,428.75	$	-	
$	37,801.25	$	182,230.00	
$	37,801.25	$	-	
$	36,096.25	$	183,897.50	
$	36,096.25	$	-	
$	34,227.50	$	185,323.75	
$	34,227.50	$	-	
$	32,358.75	$	181,586.25	
$	32,358.75	$	-	
$	30,408.75	$	182,767.50	
$	30,408.75	$	-	
$	28,377.50	$	183,786.25	
$	28,377.50	$	-	
$	26,265.00	$	184,642.50	
$	26,265.00	$	-	
$	23,970.00	$	185,235.00	
$	23,970.00	$	-	
$	21,675.00	$	180,645.00	
$	21,675.00	$	-	
$	19,295.00	$	180,970.00	
$	19,295.00	$	-	
$	16,830.00	$	181,125.00	
$	16,830.00	$	-	
$	14,280.00	$	181,110.00	
$	14,280.00	$	-	
$	11,645.00	$	180,925.00	
$	11,645.00	$	-	
$	8,925.00	$	180,570.00	
$	8,925.00	$	-	
$	6,035.00	$	184,960.00	
$	6,035.00	$	-	
$	3,060.00	$	184,095.00	
$	3,060.00	$	183,060.00	

85,000.00

- 85,000.00
- 90,000.00
- 90,000.00
- 95,000.00
- 95,000.00
- 00,000.00
- 05,000.00
- 05,000.00
- 10,000.00
- 15,000.00
- 15,000.00
- 20,000.00
- 25,000.00
- 30,000.00
- 35,000.00
- 35,000.00
- 40,000.00
- 45,000.00
- 50,000.00
- 55,000.00
- 60,000.00
- 70,000.00
- 75,000.00
- 80,000.00

75,000.00 $

1,662,796.25 $

4,937,796.25

DATE	BALANCE	PRINCIPAL	INTEREST	TOTAL

05/01/23	$	3,690,000.00	$	
11/01/23	$	3,610,000.00	$	
05/01/24	$	3,610,000.00	$	
11/01/24	$	3,525,000.00	$	
05/01/25	$	3,525,000.00	$	
11/01/25	$	3,440,000.00	$	
05/01/26	$	3,440,000.00	$	
11/01/26	$	3,350,000.00	$	
05/01/27	$	3,350,000.00	$	
11/01/27	$	3,255,000.00	$	
05/01/28	$	3,255,000.00	$	1	
11/01/28	$	3,155,000.00	$	
05/01/29	$	3,155,000.00	$	1	
11/01/29	$	3,055,000.00	$	
05/01/30	$	3,055,000.00	$	1	
11/01/30	$	2,950,000.00	$	
05/01/31	$	2,950,000.00	$	1	
11/01/31	$	2,835,000.00	$	
05/01/32	$	2,835,000.00	$	1	
11/01/32	$	2,715,000.00	$	
05/01/33	$	2,715,000.00	$	1	
11/01/33	$	2,590,000.00	$	
05/01/34	$	2,590,000.00	$	1	
11/01/34	$	2,460,000.00	$	
05/01/35	$	2,460,000.00	$	1	
11/01/35	$	2,320,000.00	$	
05/01/36	$	2,320,000.00	$	1	
11/01/36	$	2,175,000.00	$	
05/01/37	$	2,175,000.00	$	1	
11/01/37	$	2,020,000.00	$	
05/01/38	$	2,020,000.00	$	1	
11/01/38	$	1,860,000.00	$	
05/01/39	$	1,860,000.00	$	1	
11/01/39	$	1,690,000.00	$	
05/01/40	$	1,690,000.00	$	1	
11/01/40	$	1,515,000.00	$	
05/01/41	$	1,515,000.00	$	1	
11/01/41	$	1,330,000.00	$	
05/01/42	$	1,330,000.00	$	1	
11/01/42	$	1,135,000.00	$	
05/01/43	$	1,135,000.00	$	2	
11/01/43	$	930,000.00	$	
05/01/44	$	930,000.00	$	2	
11/01/44	$	715,000.00	$	
05/01/45	$	715,000.00	$	2	
11/01/45	$	490,000.00	$	
05/01/46	$	490,000.00	$	2	
11/01/46	$	250,000.00	$	
05/01/47	$	250,000.00	$	2	
			$	3,8	

$	89,575.00	$	-	
$	87,975.00	$	257,550.00	
$	87,975.00	$	-	
$	86,275.00	$	259,250.00	
$	86,275.00	$	-	
$	84,575.00	$	255,850.00	
$	84,575.00	$	-	
$	82,775.00	$	257,350.00	
$	82,775.00	$	-	
$	80,875.00	$	258,650.00	
$	80,875.00	$	-	
$	78,875.00	$	259,750.00	
$	78,875.00	$	-	
$	76,375.00	$	255,250.00	
$	76,375.00	$	-	
$	73,750.00	$	255,125.00	
$	73,750.00	$	-	
$	70,875.00	$	259,625.00	
$	70,875.00	$	-	
$	67,875.00	$	258,750.00	
$	67,875.00	$	-	
$	64,750.00	$	257,625.00	
$	64,750.00	$	-	
$	61,500.00	$	256,250.00	
$	61,500.00	$	-	
$	58,000.00	$	259,500.00	
$	58,000.00	$	-	
$	54,375.00	$	257,375.00	
$	54,375.00	$	-	
$	50,500.00	$	259,875.00	
$	50,500.00	$	-	
$	46,500.00	$	257,000.00	
$	46,500.00	$	-	
$	42,250.00	$	258,750.00	
$	42,250.00	$	-	
$	37,875.00	$	255,125.00	
$	37,875.00	$	-	
$	33,250.00	$	256,125.00	
$	33,250.00	$	-	
$	28,375.00	$	256,625.00	
$	28,375.00	$	-	
$	23,250.00	$	256,625.00	
$	23,250.00	$	-	
$	17,875.00	$	256,125.00	
$	17,875.00	$	-	
$	12,250.00	$	255,125.00	
$	12,250.00	$	-	
$	6,250.00	$	258,500.00	
$	6,250.00	$	256,250.00	

80,000.00

- 85,000.00
- 85,000.00
- 90,000.00
- 95,000.00
- 00,000.00
- 00,000.00
- 05,000.00
- 15,000.00
- 20,000.00
- 25,000.00
- 30,000.00
- 40,000.00
- 45,000.00
- 55,000.00
- 60,000.00
- 70,000.00
- 75,000.00
- 85,000.00
- 95,000.00
- 05,000.00
- 15,000.00
- 25,000.00
- 40,000.00
- 50,000.00

40,000.00 $

3,108,325.00 $

6,948,325.00

Turtle Run	Capital Projects Funds
Community Development District

	Adopted
Budget		Actual
Thru		Projected
Next		Total
Projected		Adopted
Budget	
 Description				FY 2023				6/30/23				3 Months				9/30/23				FY 2024		
Revenues											
Interest Income		$500		$13,849		$429		$14,278		$500	
Carry Forward Surplus		$551,255		$735,232		$0		$735,232		$509,272	
  TOTAL REVENUES				$551,755 			$749,081 			$429 			$749,510 			$509,772 	
Expenditures											
Bank Service Charges		$0		$14		$0		$14		$0	
Engineering Fees		$0		$62,410		$21,427		$83,837		$0	
Capital Outlay - Repairs and Replacements		$0		$152,948		$103,439		$256,387		$0	
  TOTAL EXPENDITURES				$0 			$215,372 			$124,866 			$340,238 			$0 	
Other Financing Sources/(Uses)											
Capital Projects Transfer In		$100,000		$100,000		$0		$100,000		$100,000	
  TOTAL OTHER FINANCING SOURCES/(USES)				$100,000 			$100,000 			$0 			$100,000 			$100,000 	
EXCESS REVENUES		$651,755		$633,709		($124,437)		$509,272		$609,772