LANDSCAPING AND LIGHTING MAINTENANCE DISTRICT NO. 2023-11 (PARADISE VALLEY) FUND 188
FY 2026-2027 BUDGET PROJECTIONS
FUND 188 RESERVES BY CATEGOR
Y
RESERVE TYPE FY24-25 Actual FY25-26 Budget FY25-26 Proj FY26-27 Proj FY27-28 Proj FY28-29 Proj FY29-30 Proj FY29-30 Proj
TREE MAINTENANCE
Beginning Balance 109,375 29,563 29,563 142,219 187,569 234,280 282,392 331,947 Original Budgeted Contribution 109,375 112,656 112,656 45,350 46,711 48,112 49,555 51,042 Expensed (189,187) -
-
-
-
-
-
-
Ending balance 29,563 142,219 142,219 187,569 234,280 282,392 331,947 382,989
LANDSCAPING
Beginning Balance 64,414 104,209 139,819 167,783 171,373 175,409 179,924 184,937 Original Budgeted Contribution 16,170 31,011 31,011 -
-
-
-
-
Special Assessments Surplus/Deficit (19) -
-
-
-
-
-
-
Interest Earned 6,660
1,828
2,223
3,590
4,035
4,515
5,013
5,529
General Fund Contribution Surplus/Deficit** 12,839 -
-
-
-
-
-
-
Additional General Fund Contribution for Misc Items -
-
-
-
-
-
-
-
City Staff Costs Surplus/Deficit 92 -
(8,942) -
-
-
-
-
Admin Budget Surplus/Deficit 188 - (19) - - - - - Landscaping Budget Surplus/Deficit 39,475 -
3,691
-
-
-
-
-
Expensed from Reserves -
-
-
-
-
-
-
-
Ending balance 139,819 137,048 167,783 171,373 175,409 179,924 184,937 190,466 Total LS Operating Costs (Not Including One-Time Costs) 533,654 573,767 579,037 620,933 639,426 658,609 678,367 698,718 Target Cash Reserve (65% per Reso 1991-213b) 346,875 372,949 376,374 403,606 415,627 428,096 440,939 454,167 Target Repair Reserves per Reso 1991-213b (25%) 133,413 143,442 144,759 155,233 159,857 164,652 169,592 174,680 Total Target Reserves 480,288 516,390 521,134 558,839 575,484 592,748 610,530 628,846 Landscaping Net Target Reserve Surplus/Deficit (340,469) (379,343) (353,350) (387,466) (400,075) (412,824) (425,594) (438,381)
STREETLIGHTS
Beginning Balance 54,825 63,388 64,384 67,436 67,645 67,899 68,184 68,501 Original Budgeted Contribution 6,489
-
-
-
-
-
-
-
Special Assessments Surplus/Deficit (2) - - - - - - - Interest Earned 619 114 139 208 255 285 316 349 General Fund Contribution Surplus/Deficit** 224 - - -
-
-
-
-
Additional General Fund Contribution for Misc Items -
-
-
-
-
-
-
-
City Staff Costs Surplus/Deficit 1
-
(85) -
-
-
-
-
Admin Budget Surplus/Deficit 17 -
(1) -
-
-
-
-
Streetlights Budget Surplus/Deficit 2,210
-
3,000
-
-
-
-
-
Expensed from Reserves -
-
-
-
-
-
-
-
Ending balance 64,384 63,502 67,436 67,645 67,899 68,184 68,501 68,850 Total Lights Operating Costs (Not Including One-Time Costs) 56,231 44,764 41,851 42,677 44,091 45,414 46,777 48,180 Target Cash Reserve (65% per Reso 1991-213b) 36,550 29,097 27,203 27,740 28,659 29,519 30,405 31,317 Target Repair Reserves per Reso 1991-213b (25%) 14,058 11,191 10,463 10,669 11,023 11,354 11,694 12,045 Total Target Reserves 50,608 40,288 37,666 38,409 39,682 40,873 42,099 43,362 Streetlights Net Target Reserve Surplus/Deficit 13,776 23,214 29,771 29,236 28,217 27,312 26,402 25,488 TOTAL RESERVES BEGINNING BALANCE 225,650 194,196 236,181 379,854 429,002 480,003 532,915 587,799 Total Reserve Contribution 194,340 145,609 143,672 49,149 51,001 52,912 54,884 56,920 Total Reserve Expensed (189,187) -
-
-
-
-
-
-
Total Unassigned* (0.41)
(0.00)
(0.00)
(0.00)
(0.00)
(0.00)
(0.00)
(0.00)
Mkt Val-Unrealized Gain/Loss 5,380
-
-
-
-
-
-
-
TOTAL RESERVES ENDING BALANCE 236,181 339,805 379,854 429,002 480,003 532,915 587,799 644,719
LANDSCAPING AND LIGHTING MAINTENANCE DISTRICT NO. 2023-11 (PARADISE VALLEY) FUND 188
FY 2026-2027 BUDGET PROJECTIONS
BUDGET
OBJEC
T FY24-25 Actual FY25-26 Budget FY25-26 Proj FY26-27 Proj FY27-28 Proj FY28-29 Proj FY29-30 Proj FY29-30 Proj 6106 - SPECIAL ASSESSMENTS 577,657 571,332 571,332 583,371 600,872 618,898 637,465 656,589 6401 - INT INC ON POOLED INVESTMENTS 7,279 1,942 2,362 3,799 4,290 4,800 5,329 5,878 7601 - TRANS IN GENERAL FUND 011 199,288 190,867 190,867 208,794 215,057 221,509 228,154 234,999 TOTAL REVENUE 784,224 764,141 764,561 795,963 820,219 845,207 870,949 897,466 City Staff Costs
8101 - SALARIES 38,967 40,275 40,275 40,142 41,346 42,587 43,864 45,180 8103 - OVERTIME 1,173 -
1,000 1,030 1,061 1,093 1,126 1,159
8105 - LEAVE TIME 9,893 -
6,000 6,180 6,365 6,556 6,753 6,956
8111 - BUDGETED SALARY SAVINGS -
(2,028) -
-
-
-
-
-
8209 - MEDICARE TAX 769 571 571 571 588 606 624 643 8210 - DEFERRED COMPENSATION 2,778 2,416 2,416 2,576 2,654 2,733 2,815 2,900 8211 - ICMA VANTAGECARE RETIREE HLTH 248 207 207 207 213 220 226 233 8212 - POB ER RATE 2,045 1,596 1,596 1,540 1,587 1,634 1,683 1,734 8219 - UNIFORM/EQUIP/BOOT/AUTO 19 10 10 10 10 10 10 11 8220 - MEDICAL 10,555 8,666 8,666 8,568 8,825 9,089 9,362 9,643 8221 - DENTAL AND VISION 575 456 456 418 430 443 456 470 8235 - LIFE/DISABILITY INSURANCE 166 137 137 136 140 145 149 153 8238 - SPECIAL COMPENSATION 241 240 240 240 247 255 262 270 8240 - PERS-MISCELLANEOUS-CLASSIC 1,378 1,247 1,247 355 366 377 388 400 8241 - PERS-MISCELLANEOUS-PEPRA 3,915 2,970 2,970 3,916 4,033 4,154 4,279 4,407 8242 - PERS-MISCELLANEOUS-UNFUND LIAB 12,832 11,559 11,559 12,134 12,498 12,872 13,259 13,656 8814 - WC INSURANCE CHARGES 1,695 1,325 1,325 2,825 2,910 2,997 3,087 3,179 8830 - VACATION/SICK LEAVE CHARGES 4,410 3,451 3,451 2,358 2,428 2,501 2,576 2,654 Subtotal - City Staff Costs 91,658 73,098 82,126 83,205 85,701 88,272 90,920 93,648 Other Administration
8836 - COST ALLOCATION -
-
-
13,703 14,114 14,538 14,974 15,423
8911 - OTHER CONSULTING SERVICES 7,821 8,725 8,725 8,725 8,987 9,256 9,534 9,820 9003 - ADVERTISING 1,040 515 515 530 546 563 580 597 9038 - COUNTY ADMIN EXPENSES 5,458 5,680 5,700 5,900 6,077 6,259 6,447 6,641 Subtotal - Other Administration 14,319 14,920 14,940 28,858 29,724 30,616 31,534 32,480 Tree Maintenance
8403 - TREE TRIMMING/MAINTENANCE 189,187 -
-
-
-
-
-
-
Subtotal - Tree Maintenance 189,187 - - - - - - - Landscaping
8404 - WEED ABATEMEN
T 16,570 13,413 13,413 13,815 14,230 14,657 15,096 15,549 8405 - LANDSCAPING MAINTENANCE 357,830 359,602 357,212 370,742 381,864 393,320 405,119 417,273 8702 - PG&E-ELECTRICITY 2,408 - 3,000 3,090 3,183 3,278 3,377 3,478 8704 - WATER SERVICES 39,717 70,000 75,000 189,100 194,773 200,616 206,635 212,834 9028 - OTHER EXPENSES 13,668 44,301 35,000 16,910 17,417 17,940 18,478 19,032 Subtotal - Landscaping 430,193 487,316 483,625 593,657 611,467 629,811 648,705 668,166 Streetlights
8334 - STREET LIGHTS 3,415 13,197 13,197 13,284 13,682 14,093 14,516 14,951 8703 - PG&E-ELECTRICITY STREET LIGHT
S 50,300 30,000 27,000 27,810 28,644 29,504 30,389 31,300 Subtotal - Streetlights 53,715 43,197 40,197 41,094 42,327 43,597 44,904 46,252 TOTAL EXPENSE 779,072 618,532 620,888 746,814 769,219 792,295 816,064 840,546 NET SURPLUS/DEFICIT 5,152 145,609 143,672 49,149 51,001 52,912 54,884 56,920
FUND BALANCE
Beginning Fund Balance 225,650 194,196 236,181 379,854 429,002 480,003 532,915 587,799 Net Surplus/Deficit 5,152 145,609 143,672 49,149 51,001 52,912 54,884 56,920 Mkt Val-Unrealized Gain/Loss 5,380 -
-
-
-
-
-
-
ENDING FUND BALANCE 236,181 339,805 379,854 429,002 480,003 532,915 587,799 644,719