Two Ridges Community Development District

Final Budget For Fiscal Year 2024/2025
February 26, 2025 - September 30, 2025

CONTENTS

FINAL BUDGET

DETAILED FINAL BUDGET

FINAL BUDGET
TWO RIDGES COMMUNITY DEVELOPMENT DISTRICT FISCAL YEAR 2024/2025
FEBRUARY 26, 2025 - SEPTEMBER 30, 2025

REVENUES	
FISCAL YEAR 2024/2025
BUDGET	
O&M (Operation & Maintenance) Assessments	0	
Developer Contribution	83,625	
Debt Assessments	0	
Interest Income	0	
		
TOTAL REVENUES	$	83,625	
		
EXPENDITURES		
Administrative Expenditures		
Supervisor Fees	0	
Management	21,000	
Legal	30,000	
Assessment Roll	0	
Audit Fees	4,500	
Arbitrage Rebate Fee	0	
Insurance	6,000	
Legal Advertisements	15,000	
Miscellaneous	1,500	
Postage	200	
Office Supplies	1,500	
Dues & Subscriptions	175	
Website Management & ADA Compliance	1,750	
Trustee Fees	0	
Continuing Disclosure Fee	0	
Total Administrative Expenditures	$	81,625	
		
Maintenance Expenditures		
Engineering/Inspections	2,000	
Miscellaneous Maintenance	0	
		
Total Maintenance Expenditures	$	2,000	
		
Total O&M Expenditures	$	83,625	
		
REVENUES LESS EXPENDITURES	$	-	
		
Bond Payments	0	
		
BALANCE	$	-	
		
County Appraiser & Tax Collector Fee	0	
Discounts For Early Payments	0	
		
EXCESS/ (SHORTFALL)	$	-	

DETAILED FINAL BUDGET
TWO RIDGES COMMUNITY DEVELOPMENT DISTRICT FISCAL YEAR 2024/2025
FEBRUARY 26, 2025 - SEPTEMBER 30, 2025

REVENUES	
FISCAL YEAR 2022/2023 ACTUAL	
FISCAL YEAR 2023/2024 BUDGET	
FISCAL YEAR 2024/2025 BUDGET	

COMMENTS	
O&M (Operation & Maintenance) Assessments	0	0	0		
Developer Contribution	0	0	83,625	Developer Contribution	
Debt Assessments	0	0	0		
Interest Income	0	0	0		
					
TOTAL REVENUES	$	-	$	-	$	83,625		
					
EXPENDITURES					
Administrative Expenditures					
Supervisor Fees	0	0	0		
Management	0	0	21,000	$3,000 X 7 Months	
Legal	0	0	30,000		
Assessment Roll	0	0	0	Commences In Fiscal Year Following Issuing Of Bond	
Audit Fees	0	0	4,500		
Arbitrage Rebate Fee	0	0	0	Commences In Fiscal Year Following Issuing Of Bond	
Insurance	0	0	6,000		
Legal Advertisements	0	0	15,000		
Miscellaneous	0	0	1,500		
Postage	0	0	200		
Office Supplies	0	0	1,500		
Dues & Subscriptions	0	0	175	Annual Fee Due Department Of Economic Opportunity	
Website Management & ADA Compliance	0	0	1,750	$250 X 7 Months	
Trustee Fees	0	0	0	Commences In Fiscal Year Following Issuing Of Bond	
Continuing Disclosure Fee	0	0	0		
Total Administrative Expenditures	$	-	$	-	$	81,625		
					
Maintenance Expenditures					
Engineering/Inspections	0	0	2,000	Engineers Report To Be Included In Bond Cost Of Issuance	
Miscellaneous Maintenance	0	0	0		
					
Total Maintenance Expenditures	$	-	$	-	$	2,000		
					
Total O&M Expenditures	$	-	$	-	$	83,625		
					
REVENUES LESS EXPENDITURES	$	-	$	-	$	-		
					
Bond Payments	0	0	0		
					
BALANCE	$	-	$	-	$	-		
					
County Appraiser & Tax Collector Fee	0	0	0		
Discounts For Early Payments	0	0	0		
					
EXCESS/ (SHORTFALL)	$	-	$	-	$	-