Hacienda Lakes Community Development District Fy 2019 2020 Budget

AI Summary

The Hacienda Lakes Community Development District adopted its FY 2019-2020 budget with total revenues of $370,707 from on-roll assessments ($217,454) and off-roll developer assessments ($153,252). Total expenditures of $370,707 are divided between administrative costs ($109,151) and field operations ($261,556), including landscaping, maintenance, and water management. The district also maintains two debt service funds: Series 2014 Bonds with revenues of $1,151,438 and expenditures of $1,150,813, and Series 2016 Bonds with revenues of $817,871 and expenditures of $809,444.