The budget is a financial plan that serves as the basis for expenditure decision-making and subsequent control of expenditures. The plan strives to provide program services at the levels of service established by the Board during the budget process. However, the budget must also be flexible enough to account for unexpected events and expenditures. Otherwise, levels of service in other program areas may suffer to operate within the constraints of the overall budget. The CDD is also required to complete a Financial Disclosure and an audit on an annual basis. Should you have any questions about the financial documents or would like to view the audits please contact the District Manager.
The Baytree CDD is in excellent financial health based on the past three years of Independent Financial audits by Grau and Associates, which agreed with the financial health of this CDD via these audits, by not finding any financial issues or requiring any corrective action. In addition to these audits, the Baytree CDD has lowered the annual assessment to the residents in FY 2009 by $150 to each household and the current FY 2010 and Adopted 2011 Budget contemplates no increase in the assessment to the residents while maintaining a fiscally conservative reserve. Any further questions regarding the Baytree CDD should be addressed to the Baytree CDD District Manager, Governmental Management Services (GMS) Mr. Jason Showe at 407-841-5524.