LANDSCAPING AND LIGHTING MAINTENANCE DISTRICT NO. 2023-11 (PARADISE VALLEY) FUND 188
FY 2025-2026 BUDGET PROJECTIONS
BUDGET
OBJECT FY23-24 Budget FY23-24 Actual FY24-25 Actual* FY24-25 Budget FY24-25 Proj FY25-26 Proj FY26-27 Proj FY27-28 Proj FY28-29 Proj FY29-30 Proj 6106 - SPECIAL ASSESSMENTS 564,350 564,328 272,889 577,679 577,679 571,332 572,566 589,743 607,436 625,659 6401 - INT INC ON POOLED INVESTMENTS - 4,186 2,022 1,000 1,000 1,942 3,398 4,684 4,020 5,388 7601 - TRANS IN GENERAL FUND 011 171,005 171,004 106,504 186,225 199,288 190,867 190,644 196,364 202,255 208,322 TOTAL REVENUE 735,355 739,517 381,415 764,904 777,967 764,141 766,609 790,791 813,710 839,369 City Staff Costs
8101 - SALARIES 24,432 39,512 24,006 47,622 51,522 40,275 41,276 42,514 43,790 45,103 8103 - OVERTIME 685 1,108 407 377 407 - - - - - 8105 - LEAVE TIME 3,880 6,275 7,301 6,749 7,301 - - - - - 8111 - BUDGETED SALARY SAVINGS - - - (2,396) (2,592) (2,028) (2,078) (2,140) (2,204) (2,271) 8209 - MEDICARE TAX 417 674 517 689 745 571 586 603 622 640 8210 - DEFERRED COMPENSATION 1,635 2,644 1,775 2,574 2,785 2,416 2,482 2,556 2,633 2,712 8211 - ICMA VANTAGECARE RETIREE HLTH 161 260 148 241 261 207 207 213 220 226 8212 - POB ER RATE 629 1,017 1,364 1,890 2,045 1,596 1,588 1,636 1,685 1,735 8219 - UNIFORM/EQUIP/BOOT/AUTO 14 22 16 18 19 10 10 10 10 10 8220 - MEDICAL 6,142 9,933 6,442 10,341 11,188 8,666 9,184 9,459 9,743 10,035 8221 - DENTAL AND VISION 361 585 353 582 630 456 860 886 912 940 8235 - LIFE/DISABILITY INSURANCE 99 160 105 159 172 137 140 144 148 153 8238 - SPECIAL COMPENSATION 149 241 148 222 240 240 240 247 255 262 8240 - PERS-MISCELLANEOUS-CLASSIC 848 1,371 885 1,276 1,380 1,247 1,231 1,268 1,306 1,345 8241 - PERS-MISCELLANEOUS-PEPRA 2,356 3,811 2,508 3,905 4,225 2,970 2,972 3,061 3,153 3,247 8242 - PERS-MISCELLANEOUS-UNFUND LIAB 3,381 5,468 8,291 11,860 12,832 11,559 12,433 12,805 13,190 13,585 8814 - WC INSURANCE CHARGES 519 840 1,106 1,567 1,695 1,325 1,898 1,955 2,013 2,074 8830 - VACATION/SICK LEAVE CHARGES 1,252 2,025 2,825 4,076 4,410 3,451 3,438 3,541 3,647 3,757 Subtotal - City Staff Costs 46,961 75,945 58,198 91,752 99,266 73,098 76,464 78,758 81,121 83,555 Other Administration
8911 - OTHER CONSULTING SERVICES 8,000 1,949 5,864 8,725 8,725 8,725 8,725 8,987 9,256 9,534 9003 - ADVERTISING - 389 345 - 500 515 530 546 563 580 9038 - COUNTY ADMIN EXPENSES 5,662 5,643 2,729 5,800 5,800 5,680 5,900 6,077 6,259 6,447 Subtotal - Other Administration 13,662 7,982 8,938 14,525 15,025 14,920 15,155 15,610 16,078 16,561 Tree Maintenance
8403 - TREE TRIMMING/MAINTENANCE - - 189,187 189,187 189,187 - - 200,000 - - Subtotal - Tree Maintenance - - 189,187 189,187 189,187 - - 200,000 - - Landscaping
8404 - WEED ABATEMENT 7,210 10,256 16,570 7,210 16,570 13,413 13,815 14,230 14,657 15,096 8405 - LANDSCAPING MAINTENANCE 357,634 376,693 206,668 354,288 354,288 359,602 370,390 381,502 392,947 404,735 8704 - WATER SERVICES 92,000 24,717 30,836 92,000 70,000 70,000 72,100 74,263 76,491 78,786 9028 - OTHER EXPENSES 25,201 9,918 9,207 16,170 11,925 44,301 45,631 46,999 48,409 49,862 Subtotal - Landscaping 482,045 421,585 263,280 469,668 452,783 487,316 501,936 516,994 532,504 548,479 Streetlights
8334 - STREET LIGHTS 11,575 3,635 - 11,765 9,000 13,197 13,593 14,001 14,421 14,853 8702 - PG&E-ELECTRICITY 44,160 1,757 26,247 44,160 44,160 30,000 30,900 31,827 32,782 33,765 Subtotal - Streetlights 55,735 5,392 26,247 55,925 53,160 43,197 44,493 45,828 47,203 48,619 TOTAL EXPENSE 598,403 510,904 545,849 821,057 809,421 618,532 638,049 857,190 676,906 697,213 NET SURPLUS/DEFICIT 136,951 228,614 (164,434) (56,153) (31,454) 145,609 128,560 (66,399) 136,804 142,156
FUND BALANCE
Beginning Fund Balance - - 225,650 225,650 225,650 194,196 339,805 468,365 401,965 538,770 Net Surplus/Deficit 136,951 228,614 (164,434) (56,153) (31,454) 145,609 128,560 (66,399) 136,804 142,156 Mkt Val-Unrealized Gain/Loss - (2,964) - - - - - - - - ENDING FUND BALANCE 136,951 225,650 61,215 169,497 194,196 339,805 468,365 401,965 538,770 680,925 *As of 02/28/25
LANDSCAPING AND LIGHTING MAINTENANCE DISTRICT NO. 2023-11 (PARADISE VALLEY) FUND 188
FY 2025-2026 BUDGET PROJECTIONS
FUND 188 RESERVES BY CATEGORY
RESERVE TYPE FY23-24 Budget FY23-24 Actual FY24-25 Actual* FY24-25 Budget FY24-25 Proj FY25-26 Proj FY26-27 Proj FY27-28 Proj FY28-29 Proj FY29-30 Proj
TREE MAINTENANCE
Beginning Balance - - 109,375 109,375 109,375 29,563 142,219 258,255 177,772 300,875 Contribution 109,375 109,375 - 109,375 109,375 112,656 116,036 119,517 123,103 126,796 Expensed - - (189,187) (189,187) (189,187) - - (200,000) - - Ending balance 109,375 109,375 (79,812) 29,563 29,563 142,219 258,255 177,772 300,875 427,670
LANDSCAPING
Beginning Balance - - 66,166 66,166 66,166 104,209 137,048 149,366 163,172 176,635 Original Budgeted Contribution 25,201 25,201 - 16,170 16,170 31,011 9,126 9,400 9,682 9,972 Landscaping Budget Surplus/Deficit - 60,460 - - 16,885 - - - - - Admin Budget Surplus/Deficit - 5,191 - - (457) - - - - - City Staff Costs Surplus/Deficit - (28,490) - - (7,408) - - - - - Special Assessments Surplus/Deficit - (20) - - 0 - - - - - Interest Surplus/Deficit - 3,825 - 915 915 1,828 3,193 4,406 3,781 5,068 General Fund Contribution Surplus/Deficit** - (0) - - 11,938 - - - - - Expensed - - - - - - - - - - Ending balance 25,201 66,166 66,166 83,251 104,209 137,048 149,366 163,172 176,635 191,675
STREETLIGHTS
Beginning Balance - - 53,073 53,073 53,073 63,388 63,502 63,708 63,986 64,224 Original Budgeted Contribution 2,375 2,375 - 6,489 6,489 - - - - - Streetlights Budget Surplus/Deficit - 50,343 - - 2,765 - - - - - Admin Budget Surplus/Deficit - 489 - - (43) - - - - - City Staff Costs Surplus/Deficit - (494) - - (107) - - - - - Special Assessments Surplus/Deficit - (2) - - 0 - - - - - Interest Surplus/Deficit - 360 - 85 85 114 205 278 239 320 General Fund Contribution Surplus/Deficit** - (0) - - 1,125 - - - - - Expensed - - - - - - - - - - Ending balance 2,375 53,073 53,073 59,647 63,388 63,502 63,708 63,986 64,224 64,544 TOTAL RESERVES BEGINNING BALANCE - - 225,650 225,650 225,650 194,196 339,805 468,365 401,965 538,770 Total Reserve Contribution 136,951 228,614 - 133,034 157,733 145,609 128,560 133,601 136,804 142,156 Total Reserve Expensed - - - - (189,187) - - (200,000) - - Total Unassigned* 0 0 - - 0 (0) (0) (0) (0) (0) Mkt Val-Unrealized Gain/Loss - (2,964) - - - - - - - - TOTAL RESERVES ENDING BALANCE 136,951 225,650 225,650 358,684 194,196 339,805 468,365 401,965 538,770 680,925