Amelia Concourse Community Development District

Approved Budget Fiscal Year 2020

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
Series 2019A Budget	Page 13
Amortization Schedule	Page 14-15
Series 2019B Budget	Page 16
Amortization Schedule	Page 17-18

SPE, LLC Fund
Budget	Page 19

Capital Reserve Fund
Budget	Page 20

	Adopted
Budget		Actual
Thru		Projected
Next		Total
Projected		Approved
Budget	
 Description			 	FY 2019			 	4/30/19			 	5 Months			 	9/30/19			 	FY 2020		
Revenues											
Assessments		$328,677		$277,495		$51,181		$328,677		$348,677	
Interest Income		$0		$319		$250		$569		$250	
Rental Revenue/Miscellaneous Revenue		$500		$1,167		$500		$1,667		$500	
 TOTAL REVENUES			 	$329,177 		 	$278,982 		 	$51,931 		 	$330,913 		 	$349,427 	
Expenditures											
Administrative Supervisors		
$6,000		
$1,850		
$1,200		
$3,050		
$6,000	
FICA Expense		$459		$122		$56		$178		$459	
Travel		$300		$0		$150		$150		$300	
Engineering		$15,000		$2,250		$10,000		$12,250		$15,000	
Attorney Fees		$20,000		$6,603		$10,000		$16,603		$20,000	
Annual Audit		$3,875		$0		$3,500		$3,500		$3,875	
Dissemination		$3,500		$3,083		$1,458		$4,542		$7,000	
Assessment Roll		$5,000		$5,000		$0		$5,000		$7,500	
Property Appraiser		$0		$2,210		$0		$2,210		$2,250	
Trustee Fees		$8,000		$0		$7,500		$7,500		$8,000	
Arbitrage		$1,200		$0		$600		$600		$1,200	
Management Fees		$45,000		$26,250		$18,750		$45,000		$45,000	
Information Technology		$1,500		$2,625		$625		$3,250		$1,500	
Telephone		$150		$328		$250		$578		$500	
Postage		$350		$469		$300		$769		$500	
Insurance		$9,344		$8,494		$0		$8,494		$8,919	
Printing and Binding		$1,000		$1,804		$1,000		$2,804		$1,000	
Legal Advertising		$1,500		$1,170		$750		$1,920		$1,500	
Other Current Charges		$450		$552		$400		$952		$450	
Office Supplies		$150		$181		$100		$281		$150	
Dues, Licenses & Subscriptions		$175		$175		$0		$175		$175	
 TOTAL ADMINISTRATIVE			 	$122,953 		 	$63,167 		 	$56,639 		 	$119,806 		 	$131,278 	
FIELD:											
Contract Services:											
Landscape Maintenance		$26,000		$14,489		$9,843		$24,331		$20,000	
Lake Maintenance		$6,442		$1,855		$1,325		$3,180		$5,000	
 Management Company			 	$6,959 		 	$4,053 		 	$2,895 		 	$6,948 		 	$6,948 	
 Subtotal  Contract Services			 	$39,401 		 	$20,397 		 	$14,063 		 	$34,459 		 	$31,948 	
Repairs & Maintenance:											
Repairs & Maintenance		$14,500		$6,954		$5,500		$12,454		$14,500	
 Irrigation Repairs			 	$800 		 	$41 		 	$250 		 	$291 		 	$800 	
 Subtotal Repairs and Maintenance			 	$15,300 		 	$6,995 		 	$5,750 		 	$12,745 		 	$15,300 	

Adopted	Actual	Projected		Total	Approved Budget		Thru		Next	Projected		Budget
 Description	 	FY 2019	 	4/30/19	 	5 Months	 	9/30/19	 	FY 2020	

Utilities:
Electric		
$16,800		
$14,106		
$9,843		
$23,948		
$25,000	
 Water & Sewer			 	$22,500 		 	$8,855 		 	$6,325 		 	$15,180 		 	$17,500 	
 Subtotal Utilities			 	$39,300 		 	$22,961 		 	$16,168 		 	$39,129 		 	$42,500 	
Amenity Center:
Insurance		
$16,559		
$15,054		
$0		
$15,054		
$15,807	
Amenity Staffing		$11,097		$3,997		$2,855		$6,852		$11,097	
Pool Maintenance		$15,743		$5,606		$4,005		$9,611		$12,000	
Pool Chemicals		$7,500		$4,757		$3,000		$7,757		$8,000	
Pool Permits		$530		$515		$0		$515		$530	
Cable		$185		$374		$270		$645		$650	
Janitorial		$4,072		$1,506		$1,075		$2,581		$3,500	
Facility Maintenance		$15,310		$0		$7,500		$7,500		$15,310	
Pest Control		$0		$450		$450		$900		$900	
 Refuse			 	$0 		 	$125 		 	$135 		 	$260 		 	$325 	
 Subtotal Amenity Center			 	$70,996 		 	$32,384 		 	$19,290 		 	$51,675 		 	$68,119 	
Reserves:
Capital Outlay		
$0		
$0		
$0		
$0		
$20,000	
Capital Reserve Fund		$41,227		$0		$41,227		$41,227		$40,282	
 Subtotal Reserves			 	$41,227 		 	$0 		 	$41,227 		 	$41,227 		 	$60,282 	
 TOTAL FIELD EXPENDITURES			 	$206,224 		 	$82,737 		 	$96,497 		 	$179,234 		 	$218,149 	
 TOTAL EXPENDITURES	 	$329,177 	$145,904	$153,137 	$299,040 	$349,427 
 Excess Revenues		($0)	$133,078	($101,205)	$31,873	$0

	FY 2019	FY 2020	
Net Assessment	$	328,677	$	348,677	
Collection & Discounts (7%)	   $	24,739 	$	24,739	
Gross Assessment	$	353,416	$	373,416	
No. of Units	458	458	
Gross Per Unit Assessment	$	772	$	815	

REVENUES:

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.

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.

Page 3

Assessment Roll
The District’s assessment roll administration, GMS, LLC, will provide services to prepare assessment rolls to district property owners, prepare estoppel letters, administration of optional principal prepayments, and maintain lien book for Series 2007, Series 2016, and Series 2019 bonds.

Trustee Fees
The District issued Series 2007, 2016, & 2019 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.

Arbitrage
The District is required to annually have an arbitrage rebate calculation on the District's Series 2007, 2016, & 2019 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.

Field:

Landscape Maintenance
The District has contracted with Trim All Lawn Service to provide landscaping and irrigation maintenance services to all the common areas within the District. Includes plant maintenance at the Social Hall.
Vendor	Description	Monthly	Annual	
Trim All Lawn	Landscape Maintenance	$1,469	$17,622	
	Contingency		$2,378	
Total			$20,000	

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

Vendor	Description	Monthly	Annual	
Aquatic Systems	Lake Maintenance	$265	$3,180	
	Contingency		$1,820	
Total			$5,000	

Management Company
The District has contracted with First Coast CMS for supervision and on-­‐site management services.

Vendor	Description	Monthly	Annual	
First Coast CMS	Management Fees	$579	$6,948	
Total			$6,948	

Repairs and Maintenance
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:

Location	Meter Number	Monthly	Annual	
85200 Amaryllis Ct	66164-­‐80262	$677	$8,121	
85200 Amaryllis Ct St Lights	69397-­‐29510	$629	$7,553	
95016 Daisy Ln # Entry Light	47823-­‐07021	$17	$200	
95016 Daisy Ln	10995-­‐48073	$620	$7,438	
Contingency for new accounts		$141	$1,689	
Total			$25,000	

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

Location	Meter Number	Monthly	Annual	
85190 Amaryllis Ct	67891789	$440	$5,280	
85200 Amaryllis Ct	67891709	$531	$6,371	
85200 Amaryllis Ct -­‐ Sewer	67891712	$224	$2,688	
85200 Amaryllis Ct -­‐ Water	67891712	$97	$1,169	
Contingency for new accounts		$166	$1,992	
Total			$17,500	

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.

Vendor	Description	Monthly	Annual	
First Coast CMS	Pool Maintenance	$801	$9,610	
	Contingency		$2,390	
Total			$12,000	

Pool Chemicals
The District has contracted with Poolsure for chemicals needed to maintain Amenity Center pool.

Vendor	Description	Monthly	Annual

Pool Sure	Pool Chemicals	$600	$7,200	
	Contingency		$800	
Total			$8,000	

Pool Permits
Represents the estimated cost for pool permits.

Cable/Internet Service
The District has contracted with AT&T for cable and internet services.

Vendor	Description	Monthly	Annual

ATT	Cable & Internet	$54	$650	
Total			$650	

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

Vendor	Description	Monthly	Annual

First Coast CMS	Janitorial Services	$215	$2,582	
	Contingency		$918	
Total			$3,500	

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

Pest Control
The estimated costs for Nadar’s Pest Control to provide monthly pest control services.

Vendor	Description	Monthly	Annual	
Nadars	Pest Control	$75	$900	
Total			$900	

Refuse
Garbage disposal services provided by Advanced Disposal.

Vendor	Description	Monthly	Annual	
Advanced Disposal	Refuse	$27	$325	
Total			$325	

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		Approved
Budget	
 Description			 	FY 2019			 	FY 2020		
Revenues					
Special Assessments (1)		$116,683		$116,683	
Interest Income		$0		$0	
Other Revenue Sources		$399,467		$394,692	
    TOTAL REVENUES			    $516,150 		 	$511,375 	
Expenditures					
Series 2007					
Interest - 11/01		$173,075		$168,188	
Interest - 05/01		$173,075		$168,188	
Principal - 05/01		$170,000		$175,000	
    TOTAL  EXPENDITURES			    $516,150 		 	$511,375 	
EXCESS REVENUES		$0		$0	

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 fro 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%	$ 140,000.	
11/01/16	$6,330,000	5.750%	$	-	
05/01/17	$6,330,000	5.750%	$ 150,000.	
11/01/17	$6,180,000	5.750%	$	-	
05/01/18	$6,180,000	5.750%	$ 160,000.	
11/01/18	$6,020,000	5.750%	$	-	
05/01/19	$6,020,000	5.750%	$ 170,000.	
11/01/19	$5,850,000	5.750%	$	-	
05/01/20	$5,850,000	5.750%	$ 175,000.	
11/01/20	$5,675,000	5.750%	$	-	
05/01/21	$5,675,000	5.750%	$ 190,000.	
11/01/21	$5,485,000	5.750%	$	-	
05/01/22	$5,485,000	5.750%	$ 200,000.	
11/01/22	$5,285,000	5.750%	$	-	
05/01/23	$5,285,000	5.750%	$ 210,000.	
11/01/23	$5,075,000	5.750%	$	-	
05/01/24	$5,075,000	5.750%	$ 225,000.	
11/01/24	$4,850,000	5.750%	$	-	
05/01/25	$4,850,000	5.750%	$ 235,000.	
11/01/25	$4,615,000	5.750%	$	-	
05/01/26	$4,615,000	5.750%	$ 250,000.	
11/01/26	$4,365,000	5.750%	$	-	
05/01/27	$4,365,000	5.750%	$ 265,000.	
11/01/27	$4,100,000	5.750%	$	-	
05/01/28	$4,100,000	5.750%	$ 280,000.	
11/01/28	$3,820,000	5.750%	$	-	
05/01/29	$3,820,000	5.750%	$ 300,000.	
11/01/29	$3,520,000	5.750%	$	-	
05/01/30	$3,520,000	5.750%	$ 315,000.	
11/01/30	$3,205,000	5.750%	$	-	
05/01/31	$3,205,000	5.750%	$ 335,000.	
11/01/31	$2,870,000	5.750%	$	-	
05/01/32	$2,870,000	5.750%	$ 355,000.	
11/01/32	$2,515,000	5.750%	$	-	
05/01/33	$2,515,000	5.750%	$ 375,000.	
11/01/33	$2,140,000	5.750%	$	-	
05/01/34	$2,140,000	5.750%	$ 395,000.	
11/01/34	$1,745,000	5.750%	$	-	
05/01/35	$1,745,000	5.750%	$ 420,000.	
11/01/35	$1,325,000	5.750%	$	-	
05/01/36	$1,325,000	5.750%	$ 445,000.	
11/01/36	$ 880,000	5.750%	$	-	
05/01/37	$ 880,000	5.750%	$ 470,000.	
11/01/37	$ 410,000	5.750%	$	-	
05/01/38	$ 410,000	5.750%	$ 500,000.	

$	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	

00

00

00

00

00

00

00

00

00

00

00

00

00

00

00

00

00

00

00

00

00

00

 	Total	

00

   $6,560,000.00 

   $ 5,331,975.00 

   $	11,891,975.00 

Page 10

Amelia Concourse
Community Development District								Debt Service Fund
Series 2016	
		Adopted		Actual		Total		Approved	
		Budget		Thru		Projected		Budget	
 Description			 	FY 2019			 	4/30/19			 	9/30/19			 	FY 2020		
Revenues									
Special Assessments		$241,250		$174,044		$231,865		$231,865	
Special Assessments- Prepayments		$0		$125,000		$125,000		$0	
Interest Income		$240		$562		$800		$240	
Carry Forward Surplus		$53,084		$269,668		$269,668		$132,820	
    TOTAL REVENUES			    $294,574 		 	$569,273 		 	$627,333 		 	$364,925 	
Expenditures									
Series 2016									
Interest - 11/01		$97,200		$98,550		$98,550		$89,700	
Principal Prepayment-11/01		$0		$160,000		$160,000		$45,000	
Interest - 05/01		$97,200		$0		$98,550		$89,700	
Principal - 05/01		$45,000		$0		$40,000		$45,000	
Principal Prepayment-05/01		$55,174		$0		$95,000		$0	
    TOTAL  EXPENDITURES			    $294,574 		 	$258,550 		 	$492,100 		 	$269,400 	
Other Sources and Uses									
Interfund Transfer		$0		$0		$0		$0	
Property Appraiser		$0		($2,413)		($2,413)		$0	
Bond Proceeds		$0		$0		$0		$0	
    TOTAL OTHER SOURCES AND USES			 	$0 		 	($2,413) 		 	($2,413) 		 	$0 	
EXCESS REVENUES		$0		$308,311		$132,820		$95,525	
				
Interest		

11/1/20		

$88,380	

Page 11

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

 	DATE		 	BALANCE		 	RATE		 	PRINCIPAL		 	INTEREST	 	TOTAL	

11/01/19	$ 2,990,000	6.0%	$	-	
05/01/20	$ 2,990,000	6.0%	$	45,000.	
11/01/20	$ 2,945,000	6.0%	$	-	
05/01/21	$ 2,945,000	6.0%	$	45,000.	
11/01/21	$ 2,900,000	6.0%	$	-	
05/01/22	$ 2,900,000	6.0%	$	50,000.	
11/01/22	$ 2,850,000	6.0%	$	-	
05/01/23	$ 2,850,000	6.0%	$	50,000.	
11/01/23	$ 2,800,000	6.0%	$	-	
05/01/24	$ 2,800,000	6.0%	$	55,000.	
11/01/24	$ 2,745,000	6.0%	$	-	
05/01/25	$ 2,745,000	6.0%	$	55,000.	
11/01/25	$ 2,690,000	6.0%	$	-	
05/01/26	$ 2,690,000	6.0%	$	60,000.	
11/01/26	$ 2,630,000	6.0%	$	-	
05/01/27	$ 2,630,000	6.0%	$	65,000.	
11/01/27	$ 2,565,000	6.0%	$	-	
05/01/28	$ 2,565,000	6.0%	$	70,000.	
11/01/28	$ 2,495,000	6.0%	$	-	
05/01/29	$ 2,495,000	6.0%	$	75,000.	
11/01/29	$ 2,420,000	6.0%	$	-	
05/01/30	$ 2,420,000	6.0%	$	75,000.	
11/01/30	$ 2,345,000	6.0%	$	-	
05/01/31	$ 2,345,000	6.0%	$	80,000.	
11/01/31	$ 2,265,000	6.0%	$	-	
05/01/32	$ 2,265,000	6.0%	$	85,000.	
11/01/32	$ 2,180,000	6.0%	$	-	
05/01/33	$ 2,180,000	6.0%	$	90,000.	
11/01/33	$ 2,090,000	6.0%	$	-	
05/01/34	$ 2,090,000	6.0%	$ 100,000.	
11/01/34	$ 1,990,000	6.0%	$	-	
05/01/35	$ 1,990,000	6.0%	$ 105,000.	
11/01/35	$ 1,885,000	6.0%	$	-	
05/01/36	$ 1,885,000	6.0%	$ 110,000.	
11/01/36	$ 1,775,000	6.0%	$	-	
05/01/37	$ 1,775,000	6.0%	$ 115,000.	
11/01/37	$ 1,660,000	6.0%	$	-	
05/01/38	$ 1,660,000	6.0%	$ 125,000.	
11/01/38	$ 1,535,000	6.0%	$	-	
05/01/39	$ 1,535,000	6.0%	$ 130,000.	
11/01/39	$ 1,405,000	6.0%	$	-	
05/01/40	$ 1,405,000	6.0%	$ 140,000.	
11/01/40	$ 1,265,000	6.0%	$	-	
05/01/41	$ 1,265,000	6.0%	$ 150,000.	
11/01/41	$ 1,115,000	6.0%	$	-	
05/01/42	$ 1,115,000	6.0%	$ 160,000.	
11/01/42	$	955,000	6.0%	$	-	
05/01/43	$	955,000	6.0%	$ 170,000.	
11/01/43	$	785,000	6.0%	$	-	
05/01/44	$	785,000	6.0%	$ 180,000.	
11/01/44	$	605,000	6.0%	$	-	
05/01/45	$	605,000	6.0%	$ 190,000.	
11/01/45	$	415,000	6.0%	$	-	
05/01/46	$	415,000	6.0%	$ 200,000.	
11/01/46	$	215,000	6.0%	$	-	
05/01/47	$	215,000	6.0%	$ 215,000.	
11/01/47	$	-	6.0%		

$	89,700.00	$	89,700.00	
$	89,700.00	$	-	
$	88,350.00	$	223,050.00	
$	88,350.00	$	-	
$	87,000.00	$	220,350.00	
$	87,000.00	$	-	
$	85,500.00	$	222,500.00	
$	85,500.00	$	-	
$	84,000.00	$	219,500.00	
$	84,000.00	$	-	
$	82,350.00	$	221,350.00	
$	82,350.00	$	-	
$	80,700.00	$	218,050.00	
$	80,700.00	$	-	
$	78,900.00	$	219,600.00	
$	78,900.00	$	-	
$	76,950.00	$	220,850.00	
$	76,950.00	$	-	
$	74,850.00	$	221,800.00	
$	74,850.00	$	-	
$	72,600.00	$	222,450.00	
$	72,600.00	$	-	
$	70,350.00	$	217,950.00	
$	70,350.00	$	-	
$	67,950.00	$	218,300.00	
$	67,950.00	$	-	
$	65,400.00	$	218,350.00	
$	65,400.00	$	-	
$	62,700.00	$	218,100.00	
$	62,700.00	$	-	
$	59,700.00	$	222,400.00	
$	59,700.00	$	-	
$	56,550.00	$	221,250.00	
$	56,550.00	$	-	
$	53,250.00	$	219,800.00	
$	53,250.00	$	-	
$	49,800.00	$	218,050.00	
$	49,800.00	$	-	
$	46,050.00	$	220,850.00	
$	46,050.00	$	-	
$	42,150.00	$	218,200.00	
$	42,150.00	$	-	
$	37,950.00	$	220,100.00	
$	37,950.00	$	-	
$	33,450.00	$	221,400.00	
$	33,450.00	$	-	
$	28,650.00	$	222,100.00	
$	28,650.00	$	-	
$	23,550.00	$	222,200.00	
$	23,550.00	$	-	
$	18,150.00	$	221,700.00	
$	18,150.00	$	-	
$	12,450.00	$	220,600.00	
$	12,450.00	$	-	
$	6,450.00	$	218,900.00	
$	6,450.00		
$	-	$	221,450.00	

00

00

00

00

00

00

00

00

00

00

00

00

00

00

00

00

00

00

00

00

00

00

00

00

00

00

00

00

 	 	 

 	Total	

   $2,990,000.00 

   $ 3,270,900.00 

   $ 6,260,900.00 

Amelia Concourse
Community Development District							Debt Service Fund
Series 2019A	
	Adopted		Actual		Total		Approved	
	Budget		Thru		Projected		Budget	
 Description		     FY 2019			 	4/30/19			 	9/30/19			 	FY 2020		
Revenues								
Special Assessments	$0		$0		$0		$212,603	
Interest Income	$0		$21		$100		$0	
Carry Forward Surplus	$0		$0		$0		$85,839	

    TOTAL REVENUES		 	$0 		 	$21 		 	$100 		 	$298,442 	
Expenditures								
Series 2019A								
Interest - 11/01	$0		$0		$0		$85,739	
Interest - 05/01	$0		$0		$19,529		$85,739	
Principal - 05/01	$0		$0		$0		$40,000	

    TOTAL EXPENDITURES		 	$0 		 	$0 		 	$19,529 		 	$211,478 	
Other Sources and Uses								
Interfund Transfer	$0		$0		$0		$0	
Bond Proceeds	$0		$211,569		$211,569		$0	

    TOTAL  OTHER SOURCES AND USES		 	$0 		 	$211,569 		 	$211,569 		 	$0 	

EXCESS REVENUES	$0		$211,590		$192,140		$86,965	
			
Interest		
11/1/20		
$84,609	
	Development
Type		
Units		Gross
Per Unit		Gross
Assessments	
	Single Family		172		$1,329		$228,605	
Less Disc. + Collections 7%	$16,002

Net Annual Assessment	$212,603

 	DATE			 	BALANCE			 	RATE			 	PRINCIPAL		 	INTEREST			 	TOTAL		
05/01/19		$ 3,035,000		5.7%		$	-	$	19,529.38			
11/01/19		$ 3,035,000		5.7%		$	-	$	85,738.75		$	105,268.13	
05/01/20		$ 3,035,000		5.7%		$	40,000.00	$	85,738.75		$	-	
11/01/20		$ 2,995,000		5.7%		$	-	$	84,608.75		$	210,347.50	
05/01/21		$ 2,995,000		5.7%		$	40,000.00	$	84,608.75		$	-	
11/01/21		$ 2,955,000		5.7%		$	-	$	83,478.75		$	208,087.50	
05/01/22		$ 2,955,000		5.7%		$	45,000.00	$	83,478.75		$	-	
11/01/22		$ 2,910,000		5.7%		$	-	$	82,207.50		$	210,686.25	
05/01/23		$ 2,910,000		5.7%		$	45,000.00	$	82,207.50		$	-	
11/01/23		$ 2,865,000		5.7%		$	-	$	80,936.25		$	208,143.75	
05/01/24		$ 2,865,000		5.7%		$	50,000.00	$	80,936.25		$	-	
11/01/24		$ 2,815,000		5.7%		$	-	$	79,523.75		$	210,460.00	
05/01/25		$ 2,815,000		5.7%		$	50,000.00	$	79,523.75		$	-	
11/01/25		$ 2,765,000		5.7%		$	-	$	78,111.25		$	207,635.00	
05/01/26		$ 2,765,000		5.7%		$	55,000.00	$	78,111.25		$	-	
11/01/26		$ 2,710,000		5.7%		$	-	$	76,557.50		$	209,668.75	
05/01/27		$ 2,710,000		5.7%		$	60,000.00	$	76,557.50		$	-	
11/01/27		$ 2,650,000		5.7%		$	-	$	74,862.50		$	211,420.00	
05/01/28		$ 2,650,000		5.7%		$	60,000.00	$	74,862.50		$	-	
11/01/28		$ 2,590,000		5.7%		$	-	$	73,167.50		$	208,030.00	
05/01/29		$ 2,590,000		5.7%		$	65,000.00	$	73,167.50		$	-	
11/01/29		$ 2,525,000		5.7%		$	-	$	71,331.25		$	209,498.75	
05/01/30		$ 2,525,000		5.7%		$	70,000.00	$	71,331.25		$	-	
11/01/30		$ 2,455,000		5.7%		$	-	$	69,353.75		$	210,685.00	
05/01/31		$ 2,455,000		5.7%		$	75,000.00	$	69,353.75		$	-	
11/01/31		$ 2,380,000		5.7%		$	-	$	67,235.00		$	211,588.75	
05/01/32		$ 2,380,000		5.7%		$	80,000.00	$	67,235.00		$	-	
11/01/32		$ 2,300,000		5.7%		$	-	$	64,975.00		$	212,210.00	
05/01/33		$ 2,300,000		5.7%		$	85,000.00	$	64,975.00		$	-	
11/01/33		$ 2,215,000		5.7%		$	-	$	62,573.75		$	212,548.75	
05/01/34		$ 2,215,000		5.7%		$	85,000.00	$	62,573.75		$	-	
11/01/34		$ 2,130,000		5.7%		$	-	$	60,172.50		$	207,746.25	
05/01/35		$ 2,130,000		5.7%		$	90,000.00	$	60,172.50		$	-	
11/01/35		$ 2,040,000		5.7%		$	-	$	57,630.00		$	207,802.50	
05/01/36		$ 2,040,000		5.7%		$   100,000.00	$	57,630.00		$	-	
11/01/36		$ 1,940,000		5.7%		$	-	$	54,805.00		$	212,435.00	
05/01/37		$ 1,940,000		5.7%		$   105,000.00	$	54,805.00		$	-	
11/01/37		$ 1,835,000		5.7%		$	-	$	51,838.75		$	211,643.75	
05/01/38		$ 1,835,000		5.7%		$   110,000.00	$	51,838.75		$	-	
11/01/38		$ 1,725,000		5.7%		$	-	$	48,731.25		$	210,570.00	
05/01/39		$ 1,725,000		5.7%		$   115,000.00	$	48,731.25		$	-	
11/01/39		$ 1,610,000		5.7%		$	-	$	45,482.50		$	209,213.75	
05/01/40		$ 1,610,000		5.7%		$   125,000.00	$	45,482.50		$	-	
11/01/40		$ 1,485,000		5.7%		$	-	$	41,951.25		$	212,433.75	
05/01/41		$ 1,485,000		5.7%		$   130,000.00	$	41,951.25		$	-	

 	DATE		 	BALANCE		 	RATE		 	PRINCIPAL		 	INTEREST			 	TOTAL		
11/01/41	$ 1,355,000	5.7%	$	-	$	38,278.75		$	210,230.00	
05/01/42	$ 1,355,000	5.7%	$   140,000.00	$	38,278.75		$	-	
11/01/42	$ 1,215,000	5.7%	$	-	$	34,323.75		$	212,602.50	
05/01/43	$ 1,215,000	5.7%	$   145,000.00	$	34,323.75		$	-	
11/01/43	$ 1,070,000	5.7%	$	-	$	30,227.50		$	209,551.25	
05/01/44	$ 1,070,000	5.7%	$   155,000.00	$	30,227.50		$	-	
11/01/44	$	915,000	5.7%	$	-	$	25,848.75		$	211,076.25	
05/01/45	$	915,000	5.7%	$   165,000.00	$	25,848.75		$	-	
11/01/45	$	750,000	5.7%	$	-	$	21,187.50		$	212,036.25	
05/01/46	$	750,000	5.7%	$   170,000.00	$	21,187.50			
11/01/46	$	580,000	5.7%	$	16,385.00		$	207,572.50	
05/01/47	$	580,000	5.7%	$   180,000.00	$	16,385.00			
11/01/47	$	400,000	5.7%	$	11,300.00		$	207,685.00	
05/01/48	$	400,000	5.7%	$   195,000.00	$	11,300.00			
11/01/48	$	205,000	5.7%	$	5,791.25		$	212,150.00	
05/01/49	$	205,000	5.7%	$   205,000.00	$	5,791.25			
11/01/49	$	-	5.7%	$	-		$	212,150.00	
 	Total				
   $3,035,000.00	 $ 3,357,230.00 		   $ 6,413,176.88 	

Amelia Concourse	Debt Service Fund
Community Development District	Series 2019B

	Adopted
Budget		Actual
Thru		Total
Projected		Approved
Budget	
 Description			     FY 2019			 	4/30/19			 	9/30/19			 	FY 2020		
Revenues									
Special Assessments		$0		$0		$0		$203,388	
Interest Income		$0		$22		$75		$0	
Carry Forward Surplus		$0		$0		$0		$101,769	
    TOTAL REVENUES			 	$0 		 	$22 		 	$75 		 	$305,157 	
Expenditures									
Series 2019B-1									
Interest - 11/01		$0		$0		$0		$50,400	
Interest - 05/01		$0		$0		$11,480		$50,400	

Series 2019B-2									
Interest - 11/01	$0		$0		$0		$51,294	
Interest - 05/01	$0		$0		$11,684		$51,294	

    TOTAL EXPENDITURES		 	$0 		 	$0 		 	$23,164 		 	$203,388 	
Other Sources and Uses								
Interfund Transfer	$0		$0		$0		$0	
Bond Proceeds	$0		$226,551		$226,551		$0	

    TOTAL  OTHER SOURCES AND USES		 	$0 		 	$226,551 		 	$226,551 		 	$0 	

EXCESS REVENUES	$0		$226,573		$203,463		$101,769	
			
Interest		
11/1/20		
$100,350	
	Development
Type		
Units		Gross
Per Unit		Gross
Assessments	
	Single Family		172		$1,265		217,630	

Less Disc. + Collections 7%	$14,242	
Net Annual Assessment	$203,388	

 	DATE		 	BALANCE		 	RATE		 	PRINCIPAL		 	INTEREST			 	TOTAL		
05/01/19	$ 1,920,000	5.3%	$	-	$	11,480.00			
11/01/19	$ 1,920,000	5.3%	$	-	$	50,400.00		$	61,880.00	
05/01/20	$ 1,920,000	5.3%	$	-	$	50,400.00		$	-	
11/01/20	$ 1,920,000	5.3%	$	-	$	50,400.00		$	100,800.00	
05/01/21	$ 1,920,000	5.3%	$	-	$	50,400.00		$	-	
11/01/21	$ 1,920,000	5.3%	$	-	$	50,400.00		$	100,800.00	
05/01/22	$ 1,920,000	5.3%	$	-	$	50,400.00		$	-	
11/01/22	$ 1,920,000	5.3%	$	-	$	50,400.00		$	100,800.00	
05/01/23	$ 1,920,000	5.3%	$	-	$	50,400.00		$	-	
11/01/23	$ 1,920,000	5.3%	$	-	$	50,400.00		$	100,800.00	
05/01/24	$ 1,920,000	5.3%	$	-	$	50,400.00		$	-	
11/01/24	$ 1,920,000	5.3%	$	-	$	50,400.00		$	100,800.00	
05/01/25	$ 1,920,000	5.3%	$	-	$	50,400.00		$	-	
11/01/25	$ 1,920,000	5.3%	$	-	$	50,400.00		$	100,800.00	
05/01/26	$ 1,920,000	5.3%	$	-	$	50,400.00		$	-	
11/01/26	$ 1,920,000	5.3%	$	-	$	50,400.00		$	100,800.00	
05/01/27	$ 1,920,000	5.3%	$	-	$	50,400.00		$	-	
11/01/27	$ 1,920,000	5.3%	$	-	$	50,400.00		$	100,800.00	
05/01/28	$ 1,920,000	5.3%	$	-	$	50,400.00		$	-	
11/01/28	$ 1,920,000	5.3%	$	-	$	50,400.00		$	100,800.00	
05/01/29	$ 1,920,000	5.3%	$1,920,000.00	$	50,400.00		$	-	
 	Total				
   $1,920,000.00	 $ 1,008,000.00 		   $	969,080.00 	

 	DATE			 	BALANCE			 	RATE			 	PRINCIPAL		 	INTEREST			 	TOTAL		
05/01/19		$ 1,415,000		7.3%		$	-	$	11,683.58			
11/01/19		$ 1,415,000		7.3%		$	-	$	51,293.75		$	62,977.33	
05/01/20		$ 1,415,000		7.3%		$	-	$	51,293.75		$	-	
11/01/20		$ 1,415,000		7.3%		$	-	$	51,293.75		$	102,587.50	
05/01/21		$ 1,415,000		7.3%		$	-	$	51,293.75		$	-	
11/01/21		$ 1,415,000		7.3%		$	-	$	51,293.75		$	102,587.50	
05/01/22		$ 1,415,000		7.3%		$	-	$	51,293.75		$	-	
11/01/22		$ 1,415,000		7.3%		$	-	$	51,293.75		$	102,587.50	
05/01/23		$ 1,415,000		7.3%		$	-	$	51,293.75		$	-	
11/01/23		$ 1,415,000		7.3%		$	-	$	51,293.75		$	102,587.50	
05/01/24		$ 1,415,000		7.3%		$	-	$	51,293.75		$	-	
11/01/24		$ 1,415,000		7.3%		$	-	$	51,293.75		$	102,587.50	
05/01/25		$ 1,415,000		7.3%		$	-	$	51,293.75		$	-	
11/01/25		$ 1,415,000		7.3%		$	-	$	51,293.75		$	102,587.50	
05/01/26		$ 1,415,000		7.3%		$	-	$	51,293.75		$	-	
11/01/26		$ 1,415,000		7.3%		$	-	$	51,293.75		$	102,587.50	
05/01/27		$ 1,415,000		7.3%		$	-	$	51,293.75		$	-	
11/01/27		$ 1,415,000		7.3%		$	-	$	51,293.75		$	102,587.50	
05/01/28		$ 1,415,000		7.3%		$	-	$	51,293.75		$	-	
11/01/28		$ 1,415,000		7.3%		$	-	$	51,293.75		$	102,587.50	
05/01/29		$ 1,415,000		7.3%		$1,415,000.00	$	51,293.75		$	-	
 	Total							   $1,415,000.00	 $ 1,025,875.00 		   $	986,264.83 	

Amelia Concourse	Amelia Concourse SPE, LLC
Community Development District

	Adopted
Budget		Actual
Thru		Total
Projected		Approved
Budget	
 Description			     FY 2019			 	4/30/19			 	9/30/19			 	FY 2020		
Revenues									
Bondholder Funding		$157,400		$15,706		$32,350		$25,650	
Land Sale Proceeds		$0		$1,088,892		$1,088,892		$0	
    TOTAL REVENUES			    $157,400 		    $1,104,599 		   $1,121,242 		 	$25,650 	
Expenditures									
Annual Corporate Fees		$150		$144		$144		$150	
Bank Charges/Other Current		$250		$885		$1,500		$1,500	
CDD Assessments/Transfer Out		$110,000		$0		$0		$0	
Contingency/Miscellaneous		$5,000		$0		$0		$2,500	
Insurance - Liability		$1,500		$0		$0		$1,500	
Engineering		$7,500		$0		$0		$0	
Management Fees		$18,000		$7,500		$22,500		$20,000	
Property Taxes		$15,000		$8,206		$8,206		$0	
OTHER SOURCES/(USES):									
Transfer Out-Revenue Fund		$0		$1,088,892		$1,088,892		$0	
    TOTAL EXPENDITURES			    $157,400 		    $1,105,627 		   $1,121,242 		 	$25,650 	
EXCESS REVENUES		$0		($1,029)		$0		$0	

Amelia Concourse
Community Development District	Capital Reserve

	Adopted Budget		Acutal Thru		Total Projected		Approved Budget	
 Description			    FY 2019			   4/30/19			    9/30/19			 	FY 2020		
Revenues:									
Interest		$175		$974		$1,500		$1,000	
Capital Reserve Funding - Transfer In		$41,227		$0		$41,227		$40,282	
Carry Forward Surplus		$67,004		$68,576		$68,576		$89,253	
 Total Revenues			   $108,406 		 	$69,550 		   $111,303 		 	$130,535 	
Expenditures									
Capital Outlay		$0		$22,050		$22,050		$0	
 Total Expenditures			 	$0 		 	$22,050 		 	$22,050 		 	$0 	
 Excess  Revenues (Expenditures)			   $108,406 		 	$47,500 		 	$89,253 		 	$130,535