2016 2017

AI Summary

The Hacienda Lakes Community Development District adopted operating budgets for fiscal year 2016-2017. The O&M General Fund projects revenues of $225,653 from on-roll and off-roll property assessments, with expenditures of $225,653 for administrative costs ($86,249) and field operations ($139,404). The District's Debt Service Fund for Series 2014 Bonds projects total revenues of $1,189,382 from bond assessments and fund balance, with expenditures of $1,165,344 for interest payments ($680,344) and principal ($145,000), leaving a surplus of $24,039.