Adopted Budget
Fiscal Year 2019

Amelia Concourse Community Development District

Amelia Concourse
Community Development District

TABLE OF CONTENTS

General Fund
Budget	Page 1-2
Budget Narrative	Page 3-8

Debt Service Fund

Series 2007 Budget	Page 9
Amortization Schedule	Page 10
Series 2016 Budget	Page 11
Amortization Schedule	Page 12

SPE, LLC Fund
Budget	Page 13
Capital Reserve Fund

Budget	Page 14

	Adopted
Budget		Actual
Thru		Projected
Next		Total
Projected		Adopted
Budget	
 Description			 	FY 2018			 	7/31/18			 	2 Months			 	9/30/18			   FY 2019 	
Revenues											
Assessments/SPE Funding		$293,545		$300,656		$0		$300,656		$328,677	
Interest Income		$0		$191		$38		$229		$0	
Rental Revenue/Miscellaneous Revenue		$500		$509		$0		$509		$500	
Carryforward Surplus		$0		$0		$44,530		$44,530		$0	
 TOTAL REVENUES			$294,045		$301,356		$44,568		$345,924		$329,177	
Expenditures											
Administrative Supervisors		
$6,000		
$2,400		
$1,200		
$3,600		
$6,000	
FICA Expense		$459		$184		$244		$428		$459	
Travel		$300		$0		$300		$300		$300	
Engineering		$5,000		$150		$30		$180		$15,000	
Attorney Fees		$20,000		$5,342		$1,068		$6,410		$20,000	
Annual Audit		$5,500		$3,875		$0		$3,875		$3,875	
Dissemination		$3,500		$3,167		$633		$3,800		$3,500	
Assessment Roll		$5,000		$5,000		$0		$5,000		$5,000	
Property Appraiser		$0		$2,090		$0		$2,090		$0	
Trustee Fees		$8,000		$3,367		$0		$3,367		$8,000	
Arbitrage		$1,200		$1,200		$0		$1,200		$1,200	
Management Fees		$43,260		$36,050		$7,210		$43,260		$45,000	
Information Technology		$1,500		$1,258		$252		$1,510		$1,500	
Telephone		$150		$76		$15		$91		$150	
Postage		$350		$532		$106		$638		$350	
Insurance		$9,161		$8,398		$0		$8,398		$9,344	
Printing and Binding		$1,000		$1,189		$238		$1,427		$1,000	
Legal Advertising		$2,700		$5,065		$1,013		$6,078		$1,500	
Other Current Charges		$450		$354		$71		$425		$450	
Office Supplies		$150		$181		$36		$218		$150	
Dues, Licenses & Subscriptions		$175		$175		$0		$175		$175	
 TOTAL ADMINISTRATIVE			$113,855		$80,054		$12,417		$92,471		$122,953	

FIELD:											
Contract Services: Landscape Maintenance		
$21,471		
$17,565		
$3,513		
$21,078		
$26,000	
Lake Maintenance		$5,952		$3,159		$632		$3,791		$6,442	
 Management Company			$5,799		$5,790		$0		$5,790		$6,959	
 Subtotal  Contract Services			$33,222		$26,514		$4,144		$30,658		$39,401	

Repairs & Maintenance: Repairs & Maintenance		
$11,000		
$9,130		
$1,826		
$10,956		
$14,500	
 Irrigation Repairs			$1,000		$129		$26		$155		$800	
 Subtotal  Repairs and Maintenance			$12,000		$9,259		$1,852		$11,111		$15,300	

Adopted	Actual	Projected		Total	Adopted Budget		Thru		Next	Projected		Budget
 Description	 	FY 2018	 	7/31/18	 	2 Months	 	9/30/18	 FY 2019 

Utilities:
Electric		
$16,000		
$13,640		
$2,728		
$16,368		
$16,800	
 Water & Sewer			$19,000		$13,795		$2,759		$16,554		$22,500	
 Subtotal Utilities			$35,000		$27,435		$5,487		$32,922		$39,300	

Amenity Center: Insurance		
$15,807		
$15,150		
$0		
$15,150		
$16,559	
Amenity Staffing		$9,248		$7,371		$1,474		$8,845		$11,097	
Pool Maintenance		$13,119		$8,008		$1,602		$9,610		$15,743	
Pool Chemicals		$5,215		$6,093		$1,219		$7,312		$7,500	
Pool Permits		$515		$528		$0		$528		$530	
Cable		$180		$152		$30		$182		$185	
Janitorial		$3,394		$4,400		$880		$5,280		$4,072	
Facility Maintenance		$15,310		$1,728		$346		$2,074		$15,310	
		$0		$110,182		$0		$110,182		$0	
 Subtotal  Amenity Center			$62,788		$153,612		$5,550		$159,162		$70,996	

Reserves: Capital Outlay		
$20,180		
$2,600		
$0		
$2,600		
$0	
Capital Reserve Fund		$17,000		$0		$17,000		$17,000		$41,227	
 Subtotal Reserves			$37,180		$2,600		$17,000		$19,600		$41,227	
											
 TOTAL  FIELD EXPENDITURES			$180,190		$219,420		$34,034		$253,454		$206,224	
											
 TOTAL EXPENDITURES			$294,045		$299,474		$46,451		$345,924		$329,177	
											
 Excess Revenues			$0		$1,883		($1,883)		$0		($0)	

	FY 2018	FY 2019	
Net Assessment	$	293,545	$ 328,677	
Collection & Discounts (7%)	  $	22,095 	$ 24,739	
Gross Assessment	$	315,640	$ 353,416	
No. of Units	458	458	
Gross Per Unit Assessment	$	689	$	772	

REVENUE S: 

Assessments

The District will levy a non ad-­‐valorem special assessment on all taxable property within the District to fund all of the General Operating Expenditures for the fiscal year. The assessment may either be invoiced directly to the property owner or placed on the Nassau County Tax Roll. Quarterly Funding agreement with SPE, LLC and District which are not assessments.

Miscellaneous Revenue/ Interest Income

Income received from residents for rental of clubroom or patio, other miscellaneous revenue and interest from bank accounts.
EXPENDITURES:
Administrative :
Supervisor Fees

Florida Statutes allow each board member to receive $200 per meeting not to exceed
$4,800 in one year. The amount for the fiscal year is based upon four supervisors attending an estimated 4 annual meetings.

FICA Expense

FICA expense represents the Employer's (District’s) share of Social Security and Medicare taxes withheld from the fee paid to the Board of Supervisors.

Travel

Expenses the Board of Supervisors may incur due to attending a CDD meeting or other District related travel expenses.

Engineering Fees

The District's engineer McCranie & Associates will be providing general engineering services to the District including attendance and preparation for board meetings, etc.

Attorney

The District's legal counsel Hopping, Green & Sams will be providing general legal services to the District, i.e., attendance and preparation for monthly meetings, review operating and maintenance contracts, etc.
Page 3

Annual Audit

The District is required annually to conduct an audit of its financial records by Berger, Toombs, Elam, Gaines & Frank, an Independent Certified Public Accounting Firm.

Dissemination Agent

The District is required by the Security and Exchange Commission to comply with Rule  15(c)(2)-­‐12(b)(5),  which  relates  to  additional  reporting  requirements  for  un-­‐ rated bond issues.

Assessment Roll

The District’s assessment roll administration, GMS, LLC, will provide services to prepare assessment rolls to district property owners.

Trustee Fees

The District issued Series 2007 & 2016 Capital Improvement Revenue Bonds which are held with a Trustee at US Bank. The amount of the trustee fees is based on the agreement between US Bank and the District.

Arbitrag e

The District is required to annually have an arbitrage rebate calculation on the District's Series 2007 & 2016 Capital Improvement Revenue Bonds.

Management Fees

The District receives Management, Accounting and Administrative services as part of a Management Agreement with Governmental Management Services. These services are further outlined in Exhibit "A" of the Management Agreement.

Information Technology

The cost related to District’s accounting and information systems, District website creation and maintenance, electronic compliance with Florida Statutes and other electronic data requirements.

Telephone 
The cost of telephone and fax machine service.

Postage

Mailing of agenda packages, overnight deliveries, correspondence, etc.

Insurance

The District's General Liability & Public Officials Liability Insurance policy is with Florida Insurance Alliance. Florida Insurance Alliance specializes in providing insurance coverage to governmental agencies.

Printing & Binding

Printing and Binding agenda packages for board meetings, printing of computerized checks, stationary, envelopes etc.

Legal Advertising 

The District is required to advertise various notices for monthly Board meetings, public hearings, etc. in a newspaper of general circulation.

Other Current Charges

Includes bank charges and any other miscellaneous expenses that are incurred during the year.

Dues, Licenses & Subscriptions

The District is required to pay an annual fee to the Department of Community Affairs for
$175. This is the only expense under this category for the District.

Website - Compliance

Website information required under Florida Law to be posted online for all Special Districts.

Field:

Landscape Maintenance

The District has contracted with Martex to provide landscaping and irrigation maintenance services to all the common areas within the District. Includes plant maintenance at the Social Hall.

Description	Monthly		Annual	
Contract	$	2,000		$	24,000	
Mulching	$	167		$	2,000	
Total	$	2,167		$	26,000	

Lake Maintenance

The District has contracted with Aquatic Systems, Inc. to provide monthly water management services to all the lakes throughout the District.

Description	Monthly	Annual

Contract

Management Company

$	537

$	6,442

The District has contracted with First Coast CMS for supervision and on-­‐site management services.
Description	Monthly	Annual

Contract
Repairs and Maintenance

$	580

$	6,959

Represents any funds that will be used to make repairs, replacements and maintenance to facility or equipment in the District.

Irrigation Repairs and Maintenance

Represents any funds that are paid for repairs to the irrigation system of the District.

Electric
The cost of electricity for Amelia Concourse CDD for the following accounts:

Account Number	Description	Monthly	Annual	
42823-07021	95016 Daisy Lane Lighting	$	39	$	469	
66164-80262	85200 Amaryllis Ct	$	654	$	7,851	
69397-29510	Streetlights (29)	$	609	$	7,309	
	Contingency	$	98	$	1,171	
	Total Electric	$	1,400	$	16,800	

Water and Sewer

Account Number	Description	Monthly	Annual	
67891789	85190 Amaryllis Ct (IRR)	$	726	$	8,708	
67891709	85200 Amaryllis Ct (IRR)	$	576	$	6,915	
67891712	85200 Amaryllis Ct (W)	$	247	$	2,960	
67891712	85200 Amaryllis Ct (S)	$	145	$	1,744	
	Contngency	$	181	$	2,173	
	Total Water and Sewer	$	1,875	$	22,500	

The cost of water, sewer and irrigation services for Amelia Concourse CDD for the following accounts:

Insurance

The District has issued a Property Insurance policy with Florida Insurance Alliance. FIA specializes in providing insurance coverage to governmental agencies.

Amenity Staffing

Staffing for the Amenity Center from March through September to assist with Patron use of the pool and Amenity Facilities.

Pool Maintenance

The District has contracted with First Coast CMS for pool cleaning, water testing, treatment, checking chemicals and back washing of the Amenity Center pool.

Description	Monthly	Annual

Pool Chemicals

Contract

$	1,312

$ 15,743

The District has contracted with First Coast CMS for chemicals needed to maintain Amenity Center pool.

Description	Monthly	Annual

Contract

$ 625

$ 7,500

Pool Permits

Represents the estimated cost for pool permits.

Cable/ Internet Service

The District has contracted with AT&T for cable and internet services.

Description	Monthly	Annual

Contract

$	15

$	185

Janitorial Services

The District will contract with First Coast CMS to provide janitorial services for the  Amenity Center.

Description	Monthly	Annual

Contract

$	339

$ 4,073

Facility Maintenance

The cost of routine repairs and maintenances of the District’s common areas and Amenity Center.

Capital Outlay
Funds for purchases of equipment for the Amenity Center.

Capital Reserve Fund
Money set aside for future replacements of capital related items.

Amelia Concourse	Debt Service Fund Community Development District		Series 2007

	Adopted
Budget	Adopted
Budget	
Description	FY 2018	FY 2019	
Revenues			
Special Assessments (1)	$116,683	$116,683	
Interest Income	$0	$0	
Other Revenue Sources	$398,667	$399,467	
TOTAL REVENUES	$515,350	$516,150	

Interest - 11/01	$177,675	$173,075	
Interest - 05/01	$177,675	$173,075	
Principal - 05/01	$160,000	$170,000	
TOTAL EXPENDITURES	$515,350	$516,150	
			
EXCESS REVENUES	$0	$0	

Expenditures Series 2007

Net Assessment
Plus Collection Fees & Discounts (7%) Gross Assessment	$116,683
$8,168	
	$124,851	

(1) Represents Assessments for Phase 1 platted lots only. Assessments on Phase 2 & 3 have been eliminated f foreclosure proceedings.

Amelia Concourse	Amortization Schedule
Community Development District	Series 2007, Capital Improvement Bonds

 	DATE		 	BALANCE		 	RATE		 	PRINCIPAL		 	INTEREST	 	TOTAL	

11/01/15	$	6,470,000	5.750%	$	
05/01/16	$	6,470,000	5.750%	$	
11/01/16	$	6,330,000	5.750%	$	
05/01/17	$	6,330,000	5.750%	$	
11/01/17	$	6,180,000	5.750%	$	
05/01/18	$	6,180,000	5.750%	$	
11/01/18	$	6,020,000	5.750%	$	
05/01/19	$	6,020,000	5.750%	$	
11/01/19	$	5,850,000	5.750%	$	
05/01/20	$	5,850,000	5.750%	$	
11/01/20	$	5,675,000	5.750%	$	
05/01/21	$	5,675,000	5.750%	$	
11/01/21	$	5,485,000	5.750%	$	
05/01/22	$	5,485,000	5.750%	$	
11/01/22	$	5,285,000	5.750%	$	
05/01/23	$	5,285,000	5.750%	$	
11/01/23	$	5,075,000	5.750%	$	
05/01/24	$	5,075,000	5.750%	$	
11/01/24	$	4,850,000	5.750%	$	
05/01/25	$	4,850,000	5.750%	$	
11/01/25	$	4,615,000	5.750%	$	
05/01/26	$	4,615,000	5.750%	$	
11/01/26	$	4,365,000	5.750%	$	
05/01/27	$	4,365,000	5.750%	$	
11/01/27	$	4,100,000	5.750%	$	
05/01/28	$	4,100,000	5.750%	$	
11/01/28	$	3,820,000	5.750%	$	
05/01/29	$	3,820,000	5.750%	$	
11/01/29	$	3,520,000	5.750%	$	
05/01/30	$	3,520,000	5.750%	$	
11/01/30	$	3,205,000	5.750%	$	
05/01/31	$	3,205,000	5.750%	$	
11/01/31	$	2,870,000	5.750%	$	
05/01/32	$	2,870,000	5.750%	$	
11/01/32	$	2,515,000	5.750%	$	
05/01/33	$	2,515,000	5.750%	$	
11/01/33	$	2,140,000	5.750%	$	
05/01/34	$	2,140,000	5.750%	$	
11/01/34	$	1,745,000	5.750%	$	
05/01/35	$	1,745,000	5.750%	$	
11/01/35	$	1,325,000	5.750%	$	
05/01/36	$	1,325,000	5.750%	$	
11/01/36	$	880,000	5.750%	$	
05/01/37	$	880,000	5.750%	$	
11/01/37	$	410,000	5.750%	$	
05/01/38	$	410,000	5.750%	$	
 	Total				$	

	$	186,012.50		$	186,012.50	
	$	186,012.50		$	-	
	$	181,987.50		$	508,000.00	
	$	181,987.50		$	-	
	$	177,675.00		$	509,662.50	
	$	177,675.00		$	-	
	$	173,075.00		$	510,750.00	
	$	173,075.00		$	-	
	$	168,187.50		$	511,262.50	
	$	168,187.50		$	-	
	$	163,156.25		$	506,343.75	
	$	163,156.25		$	-	
	$	157,693.75		$	510,850.00	
	$	157,693.75		$	-	
	$	151,943.75		$	509,637.50	
	$	151,943.75		$	-	
	$	145,906.25		$	507,850.00	
	$	145,906.25		$	-	
	$	139,437.50		$	510,343.75	
	$	139,437.50		$	-	
	$	132,681.25		$	507,118.75	
	$	132,681.25		$	-	
	$	125,493.75		$	508,175.00	
	$	125,493.75		$	-	
	$	117,875.00		$	508,368.75	
	$	117,875.00		$	-	
	$	109,825.00		$	507,700.00	
	$	109,825.00		$	-	
	$	101,200.00		$	511,025.00	
	$	101,200.00		$	-	
	$	92,143.75		$	508,343.75	
	$	92,143.75		$	-	
	$	82,512.50		$	509,656.25	
	$	82,512.50		$	-	
	$	72,306.25		$	509,818.75	
	$	72,306.25		$	-	
	$	61,525.00		$	508,831.25	
	$	61,525.00		$	-	
	$	50,168.75		$	506,693.75	
	$	50,168.75		$	-	
	$	38,093.75		$	508,262.50	
	$	38,093.75		$	-	
	$	25,300.00		$	508,393.75	
	$	25,300.00		$	-	
	$	11,787.50		$	507,087.50	
	$	11,787.50		$	511,787.50	
	$	5,331,975.00		$	11,891,975.00	

- 140,000.00
- 150,000.00
- 160,000.00

- 170,000.00
- 175,000.00
- 190,000.00
- 200,000.00
- 210,000.00
- 225,000.00
- 235,000.00
- 250,000.00
- 265,000.00
- 280,000.00
- 300,000.00
- 315,000.00
- 335,000.00
- 355,000.00
- 375,000.00
- 395,000.00
- 420,000.00
- 445,000.00
- 470,000.00
- 500,000.00
6,560,000.00

Page 10

Amelia Concourse	Debt Service Fund Community Development District		Series 2016

	Adopted
Budget		Actual
Thru		Total
Projected		Adopted
Budget	
 Description			   FY 2018 		 	7/31/18			 	9/30/18			 	FY 2019		
Revenues									
Special Assessments		$246,100		$255,648		$255,648		$241,250	
Interest Income		$240		$198		$250		$240	
Carry Forward Surplus		$101,867		$101,867		$101,867		$53,084	
    TOTAL REVENUES			 $348,207 		   $357,713 		 	$357,765 		 	$294,574 	
Expenditures									
Series 2016									
Interest - 11/01		$101,550		$101,550		$101,550		$97,200	
Interest - 05/01		$101,550		$101,550		$101,550		$97,200	
Principal - 05/01		$40,000		$40,000		$40,000		$45,000	
Principal Prepayment-05/01		$0		$60,000		$60,000		$55,174	
    TOTAL  EXPENDITURES			 $243,100 		   $303,100 		 	$303,100 		 	$294,574 	
Other Sources and Uses									
Interfund Transfer		$0		($1,581)		($1,581)		$0	
Bond Proceeds		$0		$0		$0		$0	
    TOTAL OTHER SOURCES AND USES			 	$0 		 	($1,581)		 	($1,581)		 	$0 	
EXCESS REVENUES		$105,107		$53,032		$53,084		$0	
						Interest			
						11/1/18		$100,350	

Amelia Concourse	Amortization Schedule
Community Development District	Series 2016 Capital Improvement Bonds

 	DATE		 	BALANCE		 	RATE		 	PRINCIPAL		 	INTEREST	 	TOTAL	

11/01/18
05/01/19
11/01/19
05/01/20
11/01/20
05/01/21
11/01/21
05/01/22
11/01/22
05/01/23
11/01/23
05/01/24
11/01/24
05/01/25
11/01/25
05/01/26
11/01/26
05/01/27
11/01/27
05/01/28
11/01/28
05/01/29
11/01/29
05/01/30
11/01/30
05/01/31
11/01/31
05/01/32
11/01/32
05/01/33
11/01/33
05/01/34
11/01/34
05/01/35
11/01/35
05/01/36
11/01/36
05/01/37
11/01/37
05/01/38
11/01/38
05/01/39
11/01/39
05/01/40
11/01/40
05/01/41
11/01/41
05/01/42
11/01/42
05/01/43
11/01/43
05/01/44
11/01/44
05/01/45
11/01/45
05/01/46
11/01/46
05/01/47
11/01/47

$	3,285,000
$	3,285,000
$	3,240,000
$	3,240,000
$	3,195,000
$	3,195,000
$	3,145,000
$	3,145,000
$	3,095,000
$	3,095,000
$	3,040,000
$	3,040,000
$	2,980,000
$	2,980,000
$	2,920,000
$	2,920,000
$	2,855,000
$	2,855,000
$	2,785,000
$	2,785,000
$	2,710,000
$	2,710,000
$	2,630,000
$	2,630,000
$	2,545,000
$	2,545,000
$	2,455,000
$	2,455,000
$	2,360,000
$	2,360,000
$	2,260,000
$	2,260,000
$	2,155,000
$	2,155,000
$	2,040,000
$	2,040,000
$	1,920,000
$	1,920,000
$	1,795,000
$	1,795,000
$	1,660,000
$	1,660,000
$	1,515,000
$	1,515,000
$	1,360,000
$	1,360,000
$	1,200,000
$	1,200,000
$	1,030,000
$	1,030,000
$	850,000
$	850,000
$	655,000
$	655,000
$	450,000
$	450,000
$	230,000
$	230,000
$	-

6.000%
6.000%
6.000%
6.000%
6.000%
6.000%
6.000%
6.000%
6.000%
6.000%
6.000%
6.000%
6.000%
6.000%
6.000%
6.000%
6.000%
6.000%
6.000%
6.000%
6.000%
6.000%
6.000%
6.000%
6.000%
6.000%
6.000%
6.000%
6.000%
6.000%
6.000%
6.000%
6.000%
6.000%
6.000%
6.000%
6.000%
6.000%
6.000%
6.000%
6.000%
6.000%
6.000%
6.000%
6.000%
6.000%
6.000%
6.000%
6.000%
6.000%
6.000%
6.000%
6.000%
6.000%
6.000%
6.000%
6.000%
6.000%
6.000%

$	-

$	98,550.00		$	98,550.00	
$	98,550.00		$	-	
$	97,200.00		$	240,750.00	
$	97,200.00		$	-	
$	95,850.00		$	238,050.00	
$	95,850.00		$	-	
$	94,350.00		$	240,200.00	
$	94,350.00		$	-	
$	92,850.00		$	237,200.00	
$	92,850.00		$	-	
$	91,200.00		$	239,050.00	
$	91,200.00		$	-	
$	89,400.00		$	240,600.00	
$	89,400.00		$	-	
$	87,600.00		$	237,000.00	
$	87,600.00		$	-	
$	85,650.00		$	238,250.00	
$	85,650.00		$	-	
$	83,550.00		$	239,200.00	
$	83,550.00		$	-	
$	81,300.00		$	239,850.00	
$	81,300.00		$	-	
$	78,900.00		$	240,200.00	
$	78,900.00		$	-	
$	76,350.00		$	240,250.00	
$	76,350.00		$	-	
$	73,650.00		$	240,000.00	
$	73,650.00		$	-	
$	70,800.00		$	239,450.00	
$	70,800.00		$	-	
$	67,800.00		$	238,600.00	
$	67,800.00		$	-	
$	64,650.00		$	237,450.00	
$	64,650.00		$	-	
$	61,200.00		$	240,850.00	
$	61,200.00		$	-	
$	57,600.00		$	238,800.00	
$	57,600.00		$	-	
$	53,850.00		$	236,450.00	
$	53,850.00		$	-	
$	49,800.00		$	238,650.00	
$	49,800.00		$	-	
$	45,450.00		$	240,250.00	
$	45,450.00		$	-	
$	40,800.00		$	241,250.00	
$	40,800.00		$	-	
$	36,000.00		$	236,800.00	
$	36,000.00		$	-	
$	30,900.00		$	236,900.00	
$	30,900.00		$	-	
$	25,500.00		$	236,400.00	
$	25,500.00		$	-	
$	19,650.00		$	240,150.00	
$	19,650.00		$	-	
$	13,500.00		$	238,150.00	
$	13,500.00		$	-	
$	6,900.00		$	240,400.00	
$	6,900.00			
$	-		$	236,900.00	
$ 3,741,600.00		$ 7,026,600.00	

$	45,000.00
$	-
$	45,000.00
$	-
$	50,000.00
$	-
$	50,000.00
$	-
$	55,000.00
$	-
$	60,000.00
$	-
$	60,000.00
$	-
$	65,000.00
$	-
$	70,000.00
$	-
$	75,000.00
$	-
$	80,000.00
$	-
$	85,000.00
$	-
$	90,000.00
$	-
$	95,000.00
$	-
$ 100,000.00
$	-
$ 105,000.00
$	-
$ 115,000.00
$	-
$ 120,000.00
$	-
$ 125,000.00
$	-
$ 135,000.00
$	-
$ 145,000.00
$	-
$ 155,000.00
$	-
$ 160,000.00
$	-
$ 170,000.00
$	-
$ 180,000.00
$	-
$ 195,000.00
$	-
$ 205,000.00
$	-
$ 220,000.00
$	-
$ 230,000.00

 	
 	Total		$ 3,285,000.00

Amelia Concourse	Amelia Concourse SPE, LLC Community Development District

	Adopted
Budget		Actual
Thru		Total
Projected		Adopted
Budget	
 Description			   FY 2018 		    7/31/18			    9/30/18			    FY 2019		
Revenues									
Bondholder Funding		$122,292		$101,928		$109,833		$157,400	
    TOTAL REVENUES			 $122,292 		 $101,928 		   $109,833 		   $157,400 	
Expenditures									
Annual Corporate Fees		$150		$144		$144		$150	
Bank Charges		$250		$895		$500		$250	
CDD Assessments/Transfer Out		$87,892		$0		$0		$110,000	
Contingency		$5,000		$0		$0		$5,000	
Insurance - Liability		$1,500		$1,182		$1,182		$1,500	
Professional Fees		$0		$753		$753		$0	
Engineering		$7,500		$0		$5,000		$7,500	
Management Fees		$5,000		$12,500		$15,000		$18,000	
Legal Fees		$0		$4,480		$4,480		$0	
Property Taxes		$15,000		$0		$0		$15,000	

    TOTAL EXPENDITURES		 $122,292          $19,954 	$27,059 $157,400 

EXCESS REVENUES	$0	$81,974	$82,774	$0

Amelia Concourse
Community Development District	Capital Reserve

Adopted	Acutal	Total	Adopted

Budget

Thru

Projected

Budget

 Description			FY 2018		7/31/18		9/30/18		FY 2019	

Revenues:									
Interest		$175		$996		$1,098		$175	
Capital Reserve Funding - Transfer In		$20,659		$0		$20,659		$41,227	
Carry Forward Surplus		$55,879		$67,285		$67,285		$89,139	
 Total Revenues			$76,713		$68,281		$89,042		$130,541	
Expenditures									
Capital Outlay		$0		$0		$0		$0	
 Total Expenditures			$0		$0		$0		$0	
									
 Excess Revenues (Expenditures)			$76,713		$68,281		$89,042		$130,541	

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