2023 Uscdd Budget
University Square Community Development District, Lee County, Florida
AI Summary
University Square Community Development District adopted its fiscal year 2023 budget totaling $1,320,462 in combined appropriations across three funds: General Fund ($79,726), Debt Service Fund Series 2012 ($584,250), and Debt Service Fund Series 2017 ($656,486). The district's primary revenue sources are special assessments on properties in the Miromar development totaling $1,340,152 gross. Major expenditures include debt service payments on two bond series ($415,000 principal and $169,250 interest for 2012 bonds; $380,000 principal and $276,486 interest for 2017 bonds), professional and administrative fees of $75,676, and field operations at $4,000...
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