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See your district’s spending and obligations.
Select District 1-7 using the number on your property-tax notice. The whole guide updates when you choose. This is not an address lookup.
Lorson Ranch / District 1
Your district’s money, at a glance.
2025 actual results
55% interest & debt fees
45% services & administration
$3,255,649 · excludes infrastructure received
Year ended December 31, 2025 · Actual expenditures
01 / WHERE DID THE MONEY GO?
Services, administration
and debt costs
2025 · Actual expenditures
District 1 · $3,255,649 total
Just over half went to interest and debt fees.
Interest & debt fees $1.79m
$1,787,000 bond interest + $3,000 paying agent fees.
An annual expense, not debt remaining.
Services & administration $1.47m
Landscaping, water, lighting, maintenance and district administration.
See what’s included
WHERE DID THE REVENUE COME FROM?
Other districts supplied
most reported revenue.
2025 · Actual revenue · MD 1
$3.47m total revenue
Districts 2-7$3,416,790
Bars share a $3,472,907 scale. These revenue sources are not matched to individual expenses.
The balance carried into the next year grew by this amount. Fund balance is an accounting measure, not the same as available cash.
Check the exact figures & source
Source: MD 1’s 2025 financial statements, PDF page 10 (printed page 4). Year ended December 31, 2025. Figures below are actual results, not a budget.
Open financial statement ↗Infrastructure note ↗Download exact figures ↓
| Reported item / calculation | Amount |
|---|
How this view is calculated
55% = $1,790,000 ÷ $3,255,649; 45% = $1,465,649 ÷ $3,255,649, rounded. The $3,255,649 breakdown is $1,465,649 of current expenditures plus $1,790,000 of debt service. Internal fund transfers of $3,000 in and out net to zero at district level.
Revenue $3,472,907 − expenditures $50,465,817 + capital dedication $47,210,168 = fund balance increase $217,258. Beginning fund balance $879,020 + increase $217,258 = ending fund balance $1,096,278.
What this view does not establish
These compositions do not trace an individual homeowner’s taxes to an expense or establish cash-movement dates. Debt service is not outstanding principal or a payoff schedule. The debt section does not project a payoff date.
02 / THE LONGER VIEW
What long-term obligations remain?
December 31, 2025 · Actual balance
District 1 · Not a live payoff amount
At December 31, 2025, the district reported $12.42 million due after one year, including unpaid interest.
$12.42m
Long-term obligations · $12,424,821 exactly
Principal is borrowed money still owed. This total excludes other bills and interest that may build up in future years.
See the balance breakdown & source
| What is owed | Amount |
|---|---|
| 2012 bond principal | $9,840,166 |
| Developer advances - principal | $21,181 |
| Bond interest owed | $2,546,835 |
| Developer advance interest owed | $16,639 |
| Total long-term obligations | $12,424,821 |
The two developer advance principal balances are $11,174 and $10,007; their interest balances are $8,525 and $8,114. No part of these long-term obligations is listed as due within one year.
2025 debt note · PDF p. 21 ↗03 / YEAR TO YEAR
What changed?
2024 → 2025 · Actual year-end balances
District 1 · Long-term obligations
The balance fell by $801,288. The bond principal stayed the same.
The district paid more interest than it added during the year.
Why did the balance fall?
$985,712 of new interest was added. A $1,787,000 interest payment more than offset that increase.
Bond principal stayed at $9,840,166. The lower balance does not mean the district paid down that principal.
Check the year-to-year calculation
| December 31, 2024 balance | $13,226,109 |
|---|---|
| Interest added in 2025 | +$985,712 |
| Interest paid in 2025 | −$1,787,000 |
| December 31, 2025 balance | $12,424,821 |
| Change | −$801,288 |
The decrease is $801,288 ÷ $13,226,109 = 6.1%, rounded. Both balances come from the same debt note. This comparison includes interest owed; it is not a principal-only trend.
Read both years in the debt note · PDF p. 21 ↗03 / CHECK THE RECORDS
Where can I verify it?
Check the original records, exact amounts and calculations for the selected district.