SOUTHERN GROVE COMMUNITY DEVELOPMENT DISTRICTS 1-6

Amended Final Budget For Fiscal Year 2020/2021
October 1, 2020 - September 30, 2021

		FISCAL YEAR 2020/2021 ANNUAL BUDGET
10/1/19 - 9/30/20	AMENDED FINAL BUDGET
10/1/20 - 9/30/21	YEAR TO DATE ACTUAL
10/1/20 - 9/29/21	
REVENUES					
O & M ASSESSMENTS - ADMIN & MAINT		712,104	711,670	693,760	
DEBT ASSESSMENTS		1,011,505	1,011,505	1,002,119	
BOND PREPAYMENTS		0	560,460	560,460	
INTEREST INCOME		0	1,072	1,068	
OTHER INCOME: ENGINEERING REVENU	0	189,867	189,867	
SPECIAL BOND REVENUE		0	1,675,251	1,675,251	
STORMWATER		400,000	595,136	595,136	
FUND CARRY FORWARD			0	0	
TOTAL REVENUES		$	2,123,609	$	4,744,960	$	4,717,661	
					
EXPENDITURES - ADMIN					
ARBITRAGE REBATE FEE		6,500	6,698	650	
ASSESSMENT ROLL		6,000	5,999	6,000	
AUDIT		36,000	37,136	19,600	
BANK FEES			15	0	
CONSULTING FEES			0	0	
DISSEMINATION AGENT		3,000	3,000	0	
DISTRICT COUNSEL		48,000	48,000	28,435	
MANAGEMENT		30,690	30,690	30,690	
DUES, LICENSES, FEES		1,050	1,050	1,050	
ENGINEERING		175,000	210,626	210,626	
IMPACT FEE ADMINISTRATION			0	0	
GENERAL INSURANCE		34,900	36,403	36,616	
WEBSITE		4,500	4,500	4,500	
LEGAL ADVERTISING		3,800	3,801	915	
MISCELLANEOUS		2,000	2,001	358	
MEETING ROOM		3,300	3,299	0	
TRAVEL AND PER DIEM		1,250	1,250	491	
OFFICE SUPPLIES		1,000	1,196	1,243	
POSTAGE AND SHIPPING		500	618	330	
COPIES		2,500	2,499	0	
SUPERVISOR FEES		4,800	4,800	0	
SUPERVISOR PAYROLL TAXES			0	0	
SUPERVISOR PAYROLL FEES			0	0	
TELEPHONE			0	0	
TRUSTEE SERVICES		7,000	10,817	8,170	
OFFICE RENT		15,000	16,085	16,085	
CONTINGENCY - ADMIN			47,200	1,000	
CAPITAL OUTLAY		0	1,675,251	634,137	
					
TOTAL ADMIN EXPENSES		386,790	2,152,935	1,000,896	

		FISCAL YEAR 2020/2021 ANNUAL BUDGET
10/1/19 - 9/30/20	AMENDED FINAL BUDGET
10/1/20 - 9/30/21	YEAR TO DATE ACTUAL
10/1/20 - 9/29/21	
					
EXPENDITURES - MAINT					
LAKE MAINTENANCE		30,000	35,027	35,027	
BUILDING, BRIDGE, MONUMENT MAINT.		1,000	29	29	
BEEP		1	1	0	
CONTINGENCY - MAINT.		100,000	100,000	9,446	
COMMUNITY AREA MAINTENANCE		0	0	0	
LAKE PORTER SERVICE		0	0	0	
PAINTING			0	0	
FIELD MAINTENANCE			0	0	
ELECTRIC		25,000	25,000	10,361	
ENGINEERING - MAINT.		175,000	190,971	190,971	
FIELD MANAGEMENT		15,345	15,345	15,345	
FOUNTAIN MAINTENANCE		10,000	10,000	1,737	
LANDSCAPING MAINTENANCE & MATERIALS		40,000	90,211	90,211	
MITIGATION MAINTENANCE		82,000	105,424	105,424	
IRRIGATION		2,000	2,000	59	
IRRIGATION PARTS & REPAIR		8,000	8,000	1,641	
PEST CONTROL		2,000	2,000	59	
ROAD REPAIR/CLEANING		10,000	10,000	293	
SECURITY		40,000	39,999	1,171	
FENCE REPAIR			0	0	
SIDEWALK REPAIR/CLEANING		30,000	29,999	878	
SIGNAGE		10,000	10,000	895	
STREETLIGHTS		2,000	2,000	59	
STORMWATER MANAGEMENT		50,000	50,001	1,464	
TREE/PLANT REPLACEMENT & TRIM		36,000	36,000	1,054	
WETLAND UPLAND MAINTENANCE			0	0	
TOTAL MAINTENANCE EXPENSES		668,346	762,009	466,123	

		FISCAL YEAR 2020/2021 ANNUAL BUDGET
10/1/19 - 9/30/20	AMENDED FINAL BUDGET
10/1/20 - 9/30/21	YEAR TO DATE ACTUAL
10/1/20 - 9/29/21	

TOTAL EXPENDITURES		$	1,055,136	$	2,914,944	$	1,467,019	

EXCESS / (SHORTFALL)		$	1,068,473	$	1,830,016	$	3,250,642	
					
PAYMENT TO TRUSTEE (2019 Bond)		(498,944)	(515,392)	(515,392)	
PAYMENT TO TRUSTEE (2020 Bond)		(431,641)	(437,627)	(437,627)	
BOND PREPAYMENTS TO TRUSTEE		-	(560,460)	(560,460)	
					
BALANCE		$	137,889	$	316,537	$	1,737,163	
					
COUNTY APPRAISER & TAX COLLECTOR FEE		(68,944)	(68,945)	(67,036)	
DISCOUNTS FOR EARLY PAYMENTS		(68,944)	(68,945)	(55,322)	
					
EXCESS / (SHORTFALL)		$	-	$	178,647	$	1,614,805	
					
CARRYOVER FROM PRIOR YEAR		-	7,014	-	
					
NET EXCESS / (SHORTFALL)		$	-	$	185,661	$	1,614,805	

FUND BALANCE AS OF 9/30/20			$	328,300	
FY 2020/2021 ACTIVITY			178,647	
FUND BALANCE AS OF 9/30/21			$	506,947	

AMENDED FINAL BUDGET
SOUTHERN GROVE COMMUNITY DEVELOPMENT DISTRICTS DEBT SERVICE
FISCAL YEAR 2020/2021 OCTOBER 1, 2020 ‐ SEPTEMBER 30, 2021

REVENUES	FISCAL YEAR 2020/2021 BUDGET 10/1/20 - 9/30/21	AMENDED FINAL BUDGET
10/1/20 - 9/30/21	YEAR TO DATE ACTUAL
10/1/20 - 9/29/21	
Debt Assessments (Net of Fees and Discounts)	930,585	953,019	953,019	
Bond Prepayments	0	560,460	560,460	
Total Revenues	$	930,585	$	1,513,479	$	1,513,479	
				
EXPENDITURES				
Payments to Trustee	930,585	953,019	953,019	
Bond Prepayments to Trustee	0	560,460	560,460	
				
Total Expenditures	$	930,585	$	1,513,479	$	1,513,479	
				
Excess/ (Shortfall)	$	-	$	(0)	$	(0)	

Reserve Fund Balance (2019) as of 09/30/21:	$	224,866		
Reserve Fund Balance (2020) as of 09/30/21:	$	205,581		
Reserve Fund Balance (2021) as of 09/30/21:	$	463,550		
		Series 2019 BOND		
Original Par Amount =	$7,035,000	Principal Payment	Due May 2022	
Average Coupon Rate = Issue Date =
Maturity Date =	3.82%
November 2019
2043	Interest Payments Due =	May 1st & November 1st	

Par Amount As Of 9/30/21 =	$6,650,000	Subject to adjustment for prepayments

Series 2020 BOND
Original Par Amount =	$6,535,000	Principal Payment	Due May 2022	
Average Coupon Rate =	4.34%	Interest Payments Due =	May 1st & November 1st	
Issue Date =	June 2020			
Maturity Date =	2046			

Par Amount As Of 9/30/21 =	$5,935,000	Subject to adjustment for prepayments

Series 2021 BOND
Original Par Amount =	$15,730,000	Principal Payment	Due May 2023	
Average Coupon Rate =	3.55%	Interest Payments Due =	May 1st & November 1st	
Issue Date =	June 2021			
Maturity Date =	2048			

Par Amount As Of 9/30/21 =	$15,730,000	Subject to adjustment for prepayments

		FISCAL YEAR 2020/2021 ANNUAL BUDGET
10/1/20 - 9/30/21	AMENDED FINAL BUDGET
10/1/20 - 9/30/21	YEAR TO DATE ACTUAL
10/1/20 - 9/29/21	
REVENUES					
O & M ASSESSMENTS - ADMIN & MAINT		16,817	16,384	16,384	
DEBT ASSESSMENTS		0	0	0	
BOND PREPAYMENTS		0	560,460	560,460	
INTEREST INCOME		0	1,066	1,066	
STORMWATER		0		0	
ENGINEERING REVENUE FEES		0	189,867	189,867	
SPECIAL BOND REVENUE		0	1,675,251	1,675,251	
FUND CARRY FORWARD		0	0	0	
TOTAL REVENUES		$	16,817	$	2,443,027	$	2,443,027	
					
EXPENDITURES - ADMIN					
ARBITRAGE REBATE FEE			6	6	
ASSESSMENT ROLL		58	59	59	
AUDIT		6,000	6,000	191	
BANK FEES			3	0	
CONSULTING FEES				0	
DISSEMINATION AGENT		29	29	0	
DISTRICT COUNSEL		468	468	277	
MANAGEMENT		299	299	299	
DUES, LICENSES, FEES		175	175	175	
ENGINEERING		1,706	2,053	2,053	
IMPACT FEE ADMINISTRATION			0	0	
GENERAL INSURANCE		4,900	5,239	5,239	
WEBSITE		750	750	750	
LEGAL ADVERTISING		37	37	9	
MISCELLANEOUS		20	20	4	
MEETING ROOM		32	32	0	
TRAVEL AND PER DIEM		12	12	5	
OFFICE SUPPLIES		10	12	12	
POSTAGE AND SHIPPING		5	106	3	
COPIES		24	24	0	
SUPERVISOR FEES		800	800	0	
SUPERVISOR PAYROLL TAXES				0	
SUPERVISOR PAYROLL FEES				0	
TELEPHONE				0	
TRUSTEE SERVICES				0	
OFFICE RENT		146	157	157	
CONTINGENCY - ADMIN			5,000	10	
CAPITAL OUTLAY		0	1,675,251	634,137	
					
TOTAL ADMIN EXPENSES		15,472	1,696,532	643,385	

		FISCAL YEAR 2020/2021 ANNUAL BUDGET
10/1/20 - 9/30/21	AMENDED FINAL BUDGET
10/1/20 - 9/30/21	YEAR TO DATE ACTUAL
10/1/20 - 9/29/21	
					
EXPENDITURES - MAINT					
LAKE MAINTENANCE		0	0	0	
BUILDING, BRIDGE, MONUMENT MAINT.		0	0	0	
CONTINGENCY - MAINT.		0	0	0	
COMMUNITY AREA MAINTENANCE		0	0	0	
LAKE PORTER SERVICE		0	0	0	
PAINTING		0	0	0	
FIELD MAINTENANCE		0	0	0	
ELECTRIC		0	0	0	
ENGINEERING - MAINT.		0	0	0	
FIELD MANAGEMENT		0	0	0	
FOUNTAIN MAINTENANCE		0	0	0	
HYDRILLA TREATMENT		0	0	0	
LANDSCAPING MAINTENANCE & MATERIALS		0	0	0	
MITIGATION MAINTENANCE		0	0	0	
IRRIGATION		0	0	0	
IRRIGATION PARTS & REPAIR		0	0	0	
PEST CONTROL		0	0	0	
ROAD REPAIR		0	0	0	
SECURITY		0	0	0	
FENCE REPAIR		0	0	0	
SIDEWALK CLEANING		0	0	0	
SIDEWALK REPAIR		0	0	0	
SIGNAGE		0	0	0	
STREETLIGHTS		0	0	0	
STORMWATER MANAGEMENT		0	0	0	
TREE/PLANT REPLACEMENT & TRIM		0	0	0	
WETLAND UPLAND MAINTENANCE		0	0	0	
TOTAL MAINTENANCE EXPENSES		0	0	0	

		FISCAL YEAR 2020/2021 ANNUAL BUDGET
10/1/20 - 9/30/21	AMENDED FINAL BUDGET
10/1/20 - 9/30/21	YEAR TO DATE ACTUAL
10/1/20 - 9/29/21	

TOTAL EXPENDITURES		$	15,472	$	1,696,532	$	643,385	

EXCESS / (SHORTFALL)		$	1,345	$	746,495	$	1,799,642	
					
PAYMENT TO TRUSTEE (2019 Bond)		0	0	0	
PAYMENT TO TRUSTEE (2020 Bond)		0	0	0	
BOND PREPAYMENTS TO TRUSTEE		0	(560,460)	(560,460)	
					
BALANCE		$	1,345	$	186,035	$	1,239,182	
					
COUNTY APPRAISER & TAX COLLECTOR FEE		(673)	(673)	(654)	
DISCOUNTS FOR EARLY PAYMENTS		(673)	(673)	(540)	
					
EXCESS / (SHORTFALL)		$	-	$	184,690	$	1,237,987	
					
CARRYOVER FROM PRIOR YEAR		-			
					
NET EXCESS / (SHORTFALL)		$	-	$	184,690	$	1,237,987	

		FISCAL YEAR 2020/2021 ANNUAL BUDGET
10/1/20 - 9/30/21	AMENDED FINAL BUDGET
10/1/20 - 9/30/21	YEAR TO DATE ACTUAL
10/1/20 - 9/29/201	
REVENUES					
O & M ASSESSMENTS - ADMIN & MAINT		46,283	46,283	45,091	
DEBT ASSESSMENTS		0		0	
BOND PREPAYMENTS		0		0	
INTEREST INCOME		0	4	0	
STORMWATER		0		0	
OTHER INCOME (Eng. Rev Fees)		0		0	
FUND CARRY FORWARD		0	0	0	
TOTAL REVENUES		$	46,283	$	46,287	$	45,091	
					
EXPENDITURES - ADMIN					
ARBITRAGE REBATE FEE			66	66	
ASSESSMENT ROLL		607	607	607	
AUDIT		6,000	6,000	1,984	
BANK FEES			3	0	
CONSULTING FEES				0	
DISSEMINATION AGENT		304	304	0	
DISTRICT COUNSEL		4,858	4,858	2,878	
MANAGEMENT		3,106	3,106	3,106	
DUES, LICENSES, FEES		175	175	175	
ENGINEERING		17,711	21,316	21,316	
IMPACT FEE ADMINISTRATION				0	
GENERAL INSURANCE		5,300	5,776	5,776	
WEBSITE		750	750	750	
LEGAL ADVERTISING		385	385	93	
MISCELLANEOUS		202	202	36	
MEETING ROOM		334	334	0	
TRAVEL AND PER DIEM		127	127	50	
OFFICE SUPPLIES		101	126	126	
POSTAGE AND SHIPPING		51	51	33	
COPIES		253	253	0	
SUPERVISOR FEES		800	800	0	
SUPERVISOR PAYROLL TAXES				0	
SUPERVISOR PAYROLL FEES				0	
TELEPHONE				0	
TRUSTEE SERVICES				0	
OFFICE RENT		1,518	1,628	1,628	
CONTINGENCY - ADMIN			5,000	101	
					
TOTAL ADMIN EXPENSES		42,580	51,864	38,724	

		FISCAL YEAR 2020/2021 ANNUAL BUDGET
10/1/20 - 9/30/21	AMENDED FINAL BUDGET
10/1/20 - 9/30/21	YEAR TO DATE ACTUAL
10/1/20 - 9/29/201	
					
EXPENDITURES - MAINT					
LAKE MAINTENANCE		0	0	0	
BUILDING, BRIDGE, MONUMENT MAINT.		0	0	0	
CONTINGENCY - MAINT.		0	0	0	
COMMUNITY AREA MAINTENANCE		0	0	0	
LAKE PORTER SERVICE		0	0	0	
PAINTING		0	0	0	
FIELD MAINTENANCE		0	0	0	
ELECTRIC		0	0	0	
ENGINEERING - MAINT.		0	0	0	
FIELD MANAGEMENT		0	0	0	
FOUNTAIN MAINTENANCE		0	0	0	
HYDRILLA TREATMENT		0	0	0	
LANDSCAPING MAINTENANCE & MATERIALS		0	0	0	
MITIGATION MAINTENANCE		0	0	0	
IRRIGATION		0	0	0	
IRRIGATION PARTS & REPAIR		0	0	0	
PEST CONTROL		0	0	0	
ROAD REPAIR		0	0	0	
SECURITY		0	0	0	
FENCE REPAIR		0	0	0	
SIDEWALK CLEANING		0	0	0	
SIDEWALK REPAIR		0	0	0	
SIGNAGE		0	0	0	
STREETLIGHTS		0	0	0	
STORMWATER MANAGEMENT		0	0	0	
TREE/PLANT REPLACEMENT & TRIM		0	0	0	
WETLAND UPLAND MAINTENANCE		0	0	0	
TOTAL MAINTENANCE EXPENSES		0	0	0	

		FISCAL YEAR 2020/2021 ANNUAL BUDGET
10/1/20 - 9/30/21	AMENDED FINAL BUDGET
10/1/20 - 9/30/21	YEAR TO DATE ACTUAL
10/1/20 - 9/29/201	

TOTAL EXPENDITURES		$	42,580	$	51,864	$	38,724	

EXCESS / (SHORTFALL)		$	3,703	$	(5,577)	$	6,367	
					
PAYMENT TO TRUSTEE (2019 Bond)		0	0	0	
PAYMENT TO TRUSTEE (2020 Bond)		0	0	0	
BOND PREPAYMENTS TO TRUSTEE		0	0	0	
					
BALANCE		$	3,703	$	(5,577)	$	6,367	
					
COUNTY APPRAISER & TAX COLLECTOR FEE		(1,851)	(1,851)	(1,800)	
DISCOUNTS FOR EARLY PAYMENTS		(1,851)	(1,851)	(1,485)	
					
EXCESS / (SHORTFALL)		$	-	$	(9,280)	$	3,082	
					
CARRYOVER FROM PRIOR YEAR		-	9,280		
					
NET EXCESS / (SHORTFALL)		$	-	$	-	$	3,082	

		FISCAL YEAR 2020/2021 ANNUAL BUDGET
10/1/20 - 9/30/21	AMENDED FINAL BUDGET
10/1/20 - 9/30/21	YEAR TO DATE ACTUAL
10/1/20 - 9/29/21	
REVENUES					
O & M ASSESSMENTS - ADMIN & MAINT		75,667	75,667	73,718	
DEBT ASSESSMENTS		0			
BOND PREPAYMENTS		0			
INTEREST INCOME		0			
STORMWATER		0			
OTHER INCOME (Eng. Rev Fees)		0			
FUND CARRY FORWARD		0	0	0	
TOTAL REVENUES		$	75,667	$	75,667	$	73,718	
					
EXPENDITURES - ADMIN					
ARBITRAGE REBATE FEE			126	126	
ASSESSMENT ROLL		1,163	1,163	1,163	
AUDIT		6,000	6,000	3,798	
BANK FEES			3	0	
CONSULTING FEES				0	
DISSEMINATION AGENT		581	581	0	
DISTRICT COUNSEL		9,301	9,301	5,510	
MANAGEMENT		5,947	5,947	5,947	
DUES, LICENSES, FEES		175	175	175	
ENGINEERING		33,910	40,813	40,813	
IMPACT FEE ADMINISTRATION				0	
GENERAL INSURANCE		5,300	5,300	5,513	
WEBSITE		750	750	750	
LEGAL ADVERTISING		736	736	177	
MISCELLANEOUS		388	388	69	
MEETING ROOM		639	639	0	
TRAVEL AND PER DIEM		242	242	95	
OFFICE SUPPLIES		194	194	241	
POSTAGE AND SHIPPING		97	97	64	
COPIES		484	484	0	
SUPERVISOR FEES		800	800	0	
SUPERVISOR PAYROLL TAXES				0	
SUPERVISOR PAYROLL FEES				0	
TELEPHONE				0	
TRUSTEE SERVICES				0	
OFFICE RENT		2,907	3,117	3,117	
CONTINGENCY - ADMIN			8,000	194	
					
TOTAL ADMIN EXPENSES		69,613	84,854	67,751	

		FISCAL YEAR 2020/2021 ANNUAL BUDGET
10/1/20 - 9/30/21	AMENDED FINAL BUDGET
10/1/20 - 9/30/21	YEAR TO DATE ACTUAL
10/1/20 - 9/29/21	
					
EXPENDITURES - MAINT					
LAKE MAINTENANCE		0	0	0	
BUILDING, BRIDGE, MONUMENT MAINT.		0	0	0	
CONTINGENCY - MAINT.		0	0	0	
COMMUNITY AREA MAINTENANCE		0	0	0	
LAKE PORTER SERVICE		0	0	0	
PAINTING		0	0	0	
FIELD MAINTENANCE		0	0	0	
ELECTRIC		0	0	0	
ENGINEERING - MAINT.		0	0	0	
FIELD MANAGEMENT		0	0	0	
FOUNTAIN MAINTENANCE		0	0	0	
HYDRILLA TREATMENT		0	0	0	
LANDSCAPING MAINTENANCE & MATERIALS		0	0	0	
MITIGATION MAINTENANCE		0	0	0	
IRRIGATION		0	0	0	
IRRIGATION PARTS & REPAIR		0	0	0	
PEST CONTROL		0	0	0	
ROAD REPAIR		0	0	0	
SECURITY		0	0	0	
FENCE REPAIR		0	0	0	
SIDEWALK CLEANING		0	0	0	
SIDEWALK REPAIR		0	0	0	
SIGNAGE		0	0	0	
STREETLIGHTS		0	0	0	
STORMWATER MANAGEMENT		0	0	0	
TREE/PLANT REPLACEMENT & TRIM		0	0	0	
WETLAND UPLAND MAINTENANCE		0	0	0	
TOTAL MAINTENANCE EXPENSES		0	0	0	

		FISCAL YEAR 2020/2021 ANNUAL BUDGET
10/1/20 - 9/30/21	AMENDED FINAL BUDGET
10/1/20 - 9/30/21	YEAR TO DATE ACTUAL
10/1/20 - 9/29/21	

TOTAL EXPENDITURES		$	69,613	$	84,854	$	67,751	

EXCESS / (SHORTFALL)		$	6,053	$	(9,188)	$	5,967	
					
PAYMENT TO TRUSTEE (2019 Bond)		0	0	0	
PAYMENT TO TRUSTEE (2020 Bond)		0	0	0	
BOND PREPAYMENTS TO TRUSTEE		0	0	0	
					
BALANCE		$	6,053	$	(9,188)	$	5,967	
					
COUNTY APPRAISER & TAX COLLECTOR FEE		(3,027)	(3,027)	(2,943)	
DISCOUNTS FOR EARLY PAYMENTS		(3,027)	(3,027)	(2,429)	
					
EXCESS / (SHORTFALL)		$	-	$	(15,241)	$	595	
					
CARRYOVER FROM PRIOR YEAR		-	15,241		
					
NET EXCESS / (SHORTFALL)		$	-	$	-	$	595	

		FISCAL YEAR 2020/2021 ANNUAL BUDGET
10/1/20 - 9/30/21	AMENDED FINAL BUDGET
10/1/20 - 9/30/21	YEAR TO DATE ACTUAL
10/1/20 - 9/29/21	
REVENUES					
O & M ASSESSMENTS - ADMIN & MAINT		90,460	90,460	88,130	
DEBT ASSESSMENTS		203,380	203,380	201,493	
BOND PREPAYMENTS		0		0	
INTEREST INCOME		0			
STORMWATER		21,885	32,561	32,561	
OTHER INCOME (Eng. Rev Fees)		0			
FUND CARRY FORWARD		0	0	0	
TOTAL REVENUES		$	315,725	$	326,401	$	322,184	
					
EXPENDITURES - ADMIN					
ARBITRAGE REBATE FEE		1,672	1,672	116	
ASSESSMENT ROLL		1,073	1,073	1,073	
AUDIT		6,000	6,000	3,506	
BANK FEES		0	3	0	
CONSULTING FEES		0		0	
DISSEMINATION AGENT		537	537	0	
DISTRICT COUNSEL		8,587	8,587	5,087	
MANAGEMENT		5,490	5,490	5,490	
DUES, LICENSES, FEES		175	175	175	
ENGINEERING		31,306	37,679	37,679	
IMPACT FEE ADMINISTRATION				0	
GENERAL INSURANCE		5,100	5,251	5,251	
WEBSITE		750	750	750	
LEGAL ADVERTISING		680	680	164	
MISCELLANEOUS		358	358	64	
MEETING ROOM		590	590	0	
TRAVEL AND PER DIEM		224	224	88	
OFFICE SUPPLIES		179	222	222	
POSTAGE AND SHIPPING		89	106	59	
COPIES		447	447	0	
SUPERVISOR FEES		800	800	0	
SUPERVISOR PAYROLL TAXES				0	
SUPERVISOR PAYROLL FEES				0	
TELEPHONE				0	
TRUSTEE SERVICES		1,801	1,801	447	
OFFICE RENT		2,683	2,877	2,877	
CONTINGENCY - ADMIN			7,600	179	
					
TOTAL ADMIN EXPENSES		68,542	82,923	63,228	

		FISCAL YEAR 2020/2021 ANNUAL BUDGET
10/1/20 - 9/30/21	AMENDED FINAL BUDGET
10/1/20 - 9/30/21	YEAR TO DATE ACTUAL
10/1/20 - 9/29/21	
					
EXPENDITURES - MAINT					
LAKE MAINTENANCE		1,641	1,916	1,916	
BUILDING, BRIDGE, MONUMENT MAINT.		55	55	0	
CONTINGENCY - MAINT.		5,471	5,471	517	
COMMUNITY AREA MAINTENANCE		0	0	0	
LAKE PORTER SERVICE		0	0	0	
PAINTING		0	0	0	
FIELD MAINTENANCE		0	0	0	
ELECTRIC		1,368	1,368	567	
ENGINEERING - MAINT.		9,575	10,448	10,448	
FIELD MANAGEMENT		840	840	840	
FOUNTAIN MAINTENANCE		547	547	95	
HYDRILLA TREATMENT		0	0	0	
LANDSCAPING MAINTENANCE & MATERIALS		2,188	4,936	4,936	
MITIGATION MAINTENANCE		4,486	5,768	5,768	
IRRIGATION		109	109	0	
IRRIGATION PARTS & REPAIR		438	438	90	
PEST CONTROL		109	109	0	
ROAD REPAIR		547	547	0	
SECURITY		2,188	2,188	0	
FENCE REPAIR		0	0	0	
SIDEWALK CLEANING & REPAIR		1,641	1,641	0	
SIGNAGE		547	547	49	
STREETLIGHTS		109	109	0	
STORMWATER MANAGEMENT		2,736	2,736	0	
TREE/PLANT REPLACEMENT & TRIM		1,970	1,970	0	
WETLAND UPLAND MAINTENANCE		0	0	0	
TOTAL MAINTENANCE EXPENSES		36,567	41,745	25,225	

		FISCAL YEAR 2020/2021 ANNUAL BUDGET
10/1/20 - 9/30/21	AMENDED FINAL BUDGET
10/1/20 - 9/30/21	YEAR TO DATE ACTUAL
10/1/20 - 9/29/21	

TOTAL EXPENDITURES		$	105,108	$	124,668	$	88,453	

EXCESS / (SHORTFALL)		$	210,617	$	201,733	$	233,731	
					
PAYMENT TO TRUSTEE (2019 Bond)		(99,328)	(102,602)	(102,602)	
PAYMENT TO TRUSTEE (2020 Bond)		(87,781)	(88,999)	(88,999)	
BOND PREPAYMENTS TO TRUSTEE		0	0	0	
					
BALANCE		$	23,508	$	10,132	$	42,129	
					
COUNTY APPRAISER & TAX COLLECTOR FEE		(11,754)	(11,754)	(11,429)	
DISCOUNTS FOR EARLY PAYMENTS		(11,754)	(11,754)	(9,432)	
					
EXCESS / (SHORTFALL)		$	-	$	(13,376)	$	21,269	
					
CARRYOVER FROM PRIOR YEAR		-	13,376		
					
NET EXCESS / (SHORTFALL)		$	-	$	-	$	21,269	

		FISCAL YEAR 2020/2021 ANNUAL BUDGET
10/1/20 - 9/30/21	AMENDED FINAL BUDGET
10/1/20 - 9/30/21	YEAR TO DATE ACTUAL
10/1/20 - 9/29/21	
REVENUES					
O & M ASSESSMENTS - ADMIN & MAINT		408,619	408,619	398,093	
DEBT ASSESSMENTS		704,605	704,605	698,067	
BOND PREPAYMENTS		0	0		
INTEREST INCOME		0	2	2	
STORMWATER		366,405	545,151	545,151	
OTHER INCOME (Eng. Rev Fees)		0	0	0	
FUND CARRY FORWARD		0	0	0	
TOTAL REVENUES		$	1,479,628	$	1,658,377	$	1,641,313	
					
EXPENDITURES - ADMIN					
ARBITRAGE REBATE FEE		3,404	3,404	237	
ASSESSMENT ROLL		2,184	2,184	2,184	
AUDIT		6,000	7,136	7,136	
BANK FEES			3	0	
CONSULTING FEES			0	0	
DISSEMINATION AGENT		1,092	1,092	0	
DISTRICT COUNSEL		17,476	17,476	10,353	
MANAGEMENT		11,174	11,174	11,174	
DUES, LICENSES, FEES		175	175	175	
ENGINEERING		63,715	76,685	76,685	
IMPACT FEE ADMINISTRATION			0	0	
GENERAL INSURANCE		9,000	9,324	9,324	
WEBSITE		750	750	750	
LEGAL ADVERTISING		1,384	1,384	333	
MISCELLANEOUS		728	728	130	
MEETING ROOM		1,201	1,201	0	
TRAVEL AND PER DIEM		455	455	179	
OFFICE SUPPLIES		364	453	453	
POSTAGE AND SHIPPING		182	182	120	
COPIES		910	910	0	
SUPERVISOR FEES		800	800	0	
SUPERVISOR PAYROLL TAXES					
SUPERVISOR PAYROLL FEES					
TELEPHONE					
TRUSTEE SERVICES		3,666	7,484	7,484	
OFFICE RENT		5,461	5,856	5,856	
CONTINGENCY - ADMIN			15,000	364	
					
TOTAL ADMIN EXPENSES		130,121	163,856	132,937	

		FISCAL YEAR 2020/2021 ANNUAL BUDGET
10/1/20 - 9/30/21	AMENDED FINAL BUDGET
10/1/20 - 9/30/21	YEAR TO DATE ACTUAL
10/1/20 - 9/29/21	
					
EXPENDITURES - MAINT					
LAKE MAINTENANCE		27,480	32,085	32,085	
BUILDING, BRIDGE, MONUMENT MAINT.		916	916	0	
BEEP OPERATIONS		1	1	0	
CONTINGENCY - MAINT.		91,601	91,601	8,653	
COMMUNITY AREA MAINTENANCE		0	0	0	
LAKE PORTER SERVICE					
PAINTING				0	
FIELD MAINTENANCE					
ELECTRIC		22,900	22,900	9,491	
ENGINEERING - MAINT.		160,302	174,932	174,932	
FIELD MANAGEMENT		14,056	14,056	14,056	
FOUNTAIN MAINTENANCE		9,160	9,160	1,591	
HYDRILLA TREATMENT				0	
LANDSCAPING MAINTENANCE & MATERIALS		36,640	82,634	82,634	
MITIGATION MAINTENANCE		75,113	96,570	96,570	
IRRIGATION		1,832	1,832		
IRRIGATION PARTS & REPAIR		7,328	7,328	1,503	
PEST CONTROL		1,832	1,832		
ROAD REPAIR		9,160	9,160		
SECURITY		36,640	36,640		
FENCE REPAIR		0	0		
SIDEWALK CLEANING & REPAIR		27,480	27,480		
SIGNAGE		9,160	9,160	820	
STREETLIGHTS		1,832	1,832		
STORMWATER MANAGEMENT		45,801	45,801		
TREE/PLANT REPLACEMENT & TRIM		32,976	32,976		
WETLAND UPLAND MAINTENANCE			0		
TOTAL MAINTENANCE EXPENSES		612,212	698,898	422,335	

		FISCAL YEAR 2020/2021 ANNUAL BUDGET
10/1/20 - 9/30/21	AMENDED FINAL BUDGET
10/1/20 - 9/30/21	YEAR TO DATE ACTUAL
10/1/20 - 9/29/21	

TOTAL EXPENDITURES		$	742,333	$	862,753	$	555,272	

EXCESS / (SHORTFALL)		$	737,295	$	795,623	$	1,086,041	
					
PAYMENT TO TRUSTEE (2019 Bond)		(399,615)	(412,789)	(412,789)	
PAYMENT TO TRUSTEE (2020 Bond)		(248,621)	(252,069)	(252,069)	
BOND PREPAYMENTS TO TRUSTEE		0	-	0	
					
BALANCE		$	89,059	$	130,765	$	421,182	
					
COUNTY APPRAISER & TAX COLLECTOR FEE		(44,529)	(44,529)	(43,296)	
DISCOUNTS FOR EARLY PAYMENTS		(44,529)	(44,529)	(35,731)	
					
EXCESS / (SHORTFALL)		$	-	$	41,706	$	342,155	
					
CARRYOVER FROM PRIOR YEAR		-	(41,706)		
					
NET EXCESS / (SHORTFALL)		$	-	$	-	$	342,155	

		FISCAL YEAR 2020/2021 ANNUAL BUDGET
10/1/20 - 9/30/21	AMENDED FINAL BUDGET
10/1/20 - 9/30/21	YEAR TO DATE ACTUAL
10/1/20 - 9/29/21	
REVENUES					
O & M ASSESSMENTS - ADMIN & MAINT		74,258	74,258	72,346	
DEBT ASSESSMENTS		103,520	103,520	102,559	
BOND PREPAYMENTS		0	0	0	
INTEREST INCOME		0	0	0	
STORMWATER		11,711	17,423	17,423	
OTHER INCOME (Eng. Rev Fees)					
FUND CARRY FORWARD			0	0	
TOTAL REVENUES		$	189,489	$	195,201	$	192,328	
					
EXPENDITURES - ADMIN					
ARBITRAGE REBATE FEE		1,424	1,424	99	
ASSESSMENT ROLL		914	914	914	
AUDIT		6,000	6,000	2,985	
BANK FEES			3		
CONSULTING FEES					
DISSEMINATION AGENT		457	457		
DISTRICT COUNSEL		7,311	7,311	4,331	
MANAGEMENT		4,674	4,674	4,674	
DUES, LICENSES, FEES		175	175	175	
ENGINEERING		26,654	32,080	32,080	
IMPACT FEE ADMINISTRATION					
GENERAL INSURANCE		5,300	5,513	5,513	
WEBSITE		750	750	750	
LEGAL ADVERTISING		579	579	139	
MISCELLANEOUS		305	305	55	
MEETING ROOM		503	503	0	
TRAVEL AND PER DIEM		190	190	75	
OFFICE SUPPLIES		152	189	189	
POSTAGE AND SHIPPING		76	76	50	
COPIES		381	381	0	
SUPERVISOR FEES		800	800	0	
SUPERVISOR PAYROLL TAXES					
SUPERVISOR PAYROLL FEES					
TELEPHONE					
TRUSTEE SERVICES		1,533	1,533	239	
OFFICE RENT		2,285	2,450	2,450	
CONTINGENCY - ADMIN			6,600	152	
					
TOTAL ADMIN EXPENSES		60,462	72,906	54,870	

		FISCAL YEAR 2020/2021 ANNUAL BUDGET
10/1/20 - 9/30/21	AMENDED FINAL BUDGET
10/1/20 - 9/30/21	YEAR TO DATE ACTUAL
10/1/20 - 9/29/21	
					
EXPENDITURES - MAINT					
LAKE MAINTENANCE		878	1,025	1,025	
BUILDING, BRIDGE, MONUMENT MAINT.		29	29	29	
CONTINGENCY - MAINT.		2,928	2,928	277	
COMMUNITY AREA MAINTENANCE		0	0	0	
LAKE PORTER SERVICE		0	0	0	
PAINTING		0	0	0	
FIELD MAINTENANCE		0	0	0	
ELECTRIC		732	732	303	
ENGINEERING - MAINT.		5,123	5,591	5,591	
FIELD MANAGEMENT		449	449	449	
FOUNTAIN MAINTENANCE		293	293	51	
HYDRILLA TREATMENT		0	0	0	
LANDSCAPING MAINTENANCE & MATERIALS		1,171	2,641	2,641	
MITIGATION MAINTENANCE		2,401	3,086	3,086	
IRRIGATION		59	59	59	
IRRIGATION PARTS & REPAIR		234	234	48	
PEST CONTROL		59	59	59	
ROAD REPAIR		293	293	293	
SECURITY		1,171	1,171	1,171	
FENCE REPAIR		0	0	0	
SIDEWALK CLEANING & REPAIR		878	878	878	
SIGNAGE		293	293	26	
STREETLIGHTS		59	59	59	
STORMWATER MANAGEMENT		1,464	1,464	1,464	
TREE/PLANT REPLACEMENT & TRIM		1,054	1,054	1,054	
WETLAND UPLAND MAINTENANCE		0	0	0	
TOTAL MAINTENANCE EXPENSES		19,567	22,338	18,563	

		FISCAL YEAR 2020/2021 ANNUAL BUDGET
10/1/20 - 9/30/21	AMENDED FINAL BUDGET
10/1/20 - 9/30/21	YEAR TO DATE ACTUAL
10/1/20 - 9/29/21	

TOTAL EXPENDITURES		$	80,029	$	95,244	$	73,433	

EXCESS / (SHORTFALL)		$	109,460	$	99,958	$	118,895	
					
PAYMENT TO TRUSTEE (2019 Bond)		0	0	0	
PAYMENT TO TRUSTEE (2020 Bond)		(95,238)	(96,559)	(96,559)	
BOND PREPAYMENTS TO TRUSTEE		0	0	0	
					
BALANCE		$	14,222	$	3,399	$	22,336	
					
COUNTY APPRAISER & TAX COLLECTOR FEE		(7,111)	(7,111)	(6,914)	
DISCOUNTS FOR EARLY PAYMENTS		(7,111)	(7,111)	(5,706)	
					
EXCESS / (SHORTFALL)		$	-	$	(10,823)	$	9,717	
					
CARRYOVER FROM PRIOR YEAR		-	10,823		
					
NET EXCESS / (SHORTFALL)		$	-	$	-	$	9,717