Amelia Concourse Community Development District

Approved Budget Fiscal Year 2022

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
Series 2016 Budget	Page 10
Amortization Schedule	Page 11
Series 2019A Budget	Page 12
Amortization Schedule	Page 13
Series 2019B Budget	Page 14
Amortization Schedule	Page 15-16

SPE, LLC Fund
Budget	Page 17

Capital Reserve Fund
Budget	Page 18

Amelia Concourse
Community Development District										
General Fund	

 Description			Adopted Budget
 	FY 2021			Actual Thru
 	4/30/21			Projected Next
 	5 Months			Total Projected
 	9/30/21			Approved Budget
 	FY 2022		
Revenues											
Assessments		$348,677		$348,572		$105		$348,677		$348,677	
Interest Income		$250		$11		$15		$26		$100	
Rental Revenue/Miscellaneous Revenue		$500		$50		$100		$150		$500	
 TOTAL REVENUES			 	$349,427 		 	$348,633 		 	$220 		 	$348,852 		 	$349,277 	
Expenditures											
Administrative Supervisors		
$6,000		
$1,200		
$3,000		
$4,200		
$6,000	
FICA Expense		$459		$92		$138		$230		$459	
Travel		$300		$0		$150		$150		$300	
Engineering		$15,000		$3,578		$9,400		$12,978		$13,000	
Attorney Fees		$20,000		$10,523		$9,477		$20,000		$20,000	
Annual Audit		$3,875		$0		$3,875		$3,875		$3,875	
Dissemination		$9,000		$6,100		$3,750		$9,850		$10,000	
Assessment Roll		$7,500		$7,500		$0		$7,500		$7,500	
Property Appraiser		$2,250		$2,351		$0		$2,351		$2,400	
Trustee Fees		$10,000		$0		$10,000		$10,000		$10,000	
Arbitrage		$1,800		$0		$1,800		$1,800		$1,800	
Management Fees		$45,000		$26,250		$18,750		$45,000		$45,000	
Information Technology		$900		$875		$625		$1,500		$1,875	
Website Maintenance		$600		$0		$600		$600		$750	
Telephone		$500		$207		$290		$497		$500	
Postage		$500		$466		$330		$796		$800	
Insurance		$8,919		$7,990		$0		$7,990		$10,055	
Printing and Binding		$1,000		$752		$745		$1,497		$1,500	
Legal Advertising		$3,000		$680		$1,650		$2,330		$2,500	
Other Current Charges		$450		$357		$175		$532		$550	
Office Supplies		$150		$48		$100		$148		$150	
Dues, Licenses & Subscriptions		$175		$175		$0		$175		$175	
 TOTAL  ADMINISTRATIVE			 	$137,378 		 	$69,143 		 	$64,855 		 	$133,998 		 	$139,189 	
FIELD:											
Contract Services:											
Landscape Maintenance		$18,000		$10,280		$7,343		$17,622		$25,000	
Lake Maintenance		$6,500		$3,720		$2,655		$6,375		$6,686	
 Management Company			 	$7,140 		 	$4,165 		 	$2,975 		 	$7,140 		 	$7,140 	
 Subtotal  Contract Services			 	$31,640 		 	$18,165 		 	$12,973 		 	$31,137 		 	$38,826 	
Repairs & Maintenance:											
Repairs & Maintenance		$14,500		$9,334		$5,166		$14,500		$14,500	
Irrigation Repairs		$800		$507		$293		$800		$800	
 Landscape Contingency			 	$10,000 		 	$7,514 		 	$2,486 		 	$10,000 		 	$10,000 	
 Subtotal Repairs and Maintenance			 	$25,300 		 	$17,355 		 	$7,945 		 	$25,300 		 	$25,300 	

Amelia Concourse
Community Development District										
General Fund	

 Description			Adopted Budget
 	FY 2021			Actual Thru
 	4/30/21			Projected Next
 	5 Months			Total Projected
 	9/30/21			Approved Budget
 	FY 2022		

Utilities:											
Electric		$25,000		$14,322		$10,678		$25,000		$25,000	
 Water & Sewer			 	$17,500 		 	$8,318 		 	$9,000 		 	$17,318 		 	$17,500 	
 Subtotal Utilities			 	$42,500 		 	$22,640 		 	$19,678 		 	$42,318 		 	$42,500 	
Amenity Center:											
Insurance		$15,807		$14,160		$0		$14,160		$14,310	
Amenity Staffing		$9,000		$6,011		$0		$6,011		$0	
Pool Maintenance		$12,000		$8,400		$6,000		$14,400		$14,400	
Pool Chemicals		$8,000		$4,784		$3,120		$7,904		$9,000	
Pool Permits		$530		$0		$530		$530		$530	
Cable		$785		$853		$625		$1,478		$1,500	
Janitorial		$5,000		$2,812		$1,965		$4,777		$5,000	
Facility Maintenance		$15,310		$4,571		$5,429		$10,000		$10,000	
Pest Control		$924		$462		$385		$847		$924	
Refuse		$360		$211		$151		$362		$362	
 Holiday Decorations			 	$1,200 		 	$3,749 		 	$0 		 	$3,749 		 	$4,000 	
 Subtotal Amenity Center			 	$68,916 		 	$46,012 		 	$18,205 		 	$64,217 		 	$60,026 	
Reserves:											
Capital Outlay		$19,000		$1,941		$17,059		$19,000		$0	
Capital Reserve Fund		$24,693		$0		$24,693		$24,693		$43,435	
 Subtotal Reserves			 	$43,693 		 	$1,941 		 	$41,752 		 	$43,693 		 	$43,435 	
 TOTAL  FIELD EXPENDITURES			 	$212,049 		 	$106,114 		 	$100,552 		 	$206,666 		 	$210,087 	
 TOTAL EXPENDITURES	 	$349,427 	$175,257	$165,407 	$340,665 	$349,276 
 EXCESS REVENUE		$0	$173,375	($165,188)	$8,188	$0

FY 2021
Net Assessment	$	348,677 Collection & Discounts (7%)     $		26,245 
Gross Assessment	$	374,922 No. of Units			458
Gross Per Unit Assessment	$	819	FY 2022
$	348,677
$	26,245	
	$	374,922
458
$	819	

Amelia Concourse
Community Development District
General Fund Budget

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 Yuro & 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.

Amelia Concourse
Community Development District
General Fund Budget
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. The services cover  all  requirements  for  the  Series  2007,  Series  2016,  and  Series  2019A/2019B  Bonds.  An additional fee of $500 is incurred for a revised amortization fee after the District makes an Optional Redemption payment towards any of the Bonds.

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 2019A/2019B bonds.

Trustee Fees
The District issued Series 2007, 2016, & 2019A/2019B 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, & 2019A/2019B 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
Represents costs related to the District’s information systems, which include but are not limited to video conferencing services, cloud storage services and servers, security, accounting software, etc.

Website Maintenance
Represents the costs associated with monitoring and maintaining the District’s website created in accordance with Chapter 189, Florida Statutes. These services include site performance assessments, security and firewall maintenance, updates, document uploads, hosting and domain renewals, website backups, etc.

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.

Amelia Concourse
Community Development District
General Fund Budget

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.

Office Supplies
Miscellaneous office supplies.

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	$2,031	$17,622	
	Contingency		$634	
Total			$25,000	

Lake Maintenance
The District has contracted with Solitude Lake Maintenance. to provide monthly water management services to all the lakes throughout the District.

Vendor	Description	Monthly	Annual	
Solitude	Lake Maintenance	$531	$6,378	
	Contingency		$308	
Total			$6,686	

Amelia Concourse
Community Development District
General Fund Budget
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	$595	$7,140	
Total			$7,140	

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.

Landscape Contingency
Represents additional landscape services not provided in contracted services. Services include, but are not limited to, installing mulch, remove trees, and seasonal flower rotation.

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.

Amelia Concourse
Community Development District
General Fund Budget

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	$1,200	$14,400	
Total			$14,400	

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

Vendor	Description	Monthly	Annual

Pool Sure	Pool Chemicals	$624	$7,488	
	Contingency		$1,512	
Total			$9,000	

Pool Permits
Represents the estimated cost for pool permits.

Cable/Internet Service
The District has contracted with Comcast for cable and internet services.

Vendor	Description	Monthly	Annual

ATT	Cable & Internet	$125	$1,500	
Total			$1,500	

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	$393	$4,716	
	Contingency		$284	
Total			$5,000	

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

Amelia Concourse
Community Development District
General Fund Budget

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

Vendor	Description	Monthly	Annual	
Nadars	Pest Control	$77	$924	
Total			$924	

Refuse
Garbage disposal services provided by Advanced Disposal.

Vendor	Description	Monthly	Annual	
Advanced Disposal	Refuse	$30	$362	
Total			$362	

Holiday Decorations
The cost for First Coast CMS, LLC to install holiday lights around the CDD.

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 2021			 	FY 2022		
Revenues					
Special Assessments (1)		$116,683		$116,683	
Interest Income		$0		$0	
Other Revenue Sources		$394,692		$394,692	
    TOTAL REVENUES			    $511,375 		 	$511,375 	
Expenditures					
Series 2007					
Debt Service Obligation		$511,375		$511,375	
    TOTAL  EXPENDITURES			    $511,375 		 	$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 foreclosure proceedings.

Amelia Concourse
Community Development District										Debt Service Fund
Series 2016	

 Description			Adopted Budget
     FY 2021			Actual Thru
 	4/30/21			Projected Next
 	5 Months			Total Projected
 	9/30/21			Approved Budget
 	FY 2022		
Revenues											
Special Assessments		$180,832		$155,257		$75		$155,332		$155,332	
Special Assessments- Prepayments		$0		$74,467		$0		$74,467		$0	
Interest Income		$240		$8		$15		$23		$50	
Carry Forward Surplus		$109,972		$186,901		$0		$186,901		$119,383	
    TOTAL REVENUES			    $291,044 		 	$416,633 		 	$90 		 	$416,723 		 	$274,765 	
Expenditures											
Series 2016											
Interest - 11/01		$70,650		$63,600		$0		$63,600		$57,150	
Principal Prepayment-11/01		$0		$105,000		$0		$105,000		$35,000	
Interest - 05/01		$70,650		$0		$60,450		$60,450		$57,150	
Principal - 05/01		$30,000		$0		$30,000		$30,000		$30,000	
Principal Prepayment-05/01		$0		$0		$40,000		$40,000		$0	
    TOTAL  EXPENDITURES			    $171,300 		 	$168,600 		 	$130,450 		 	$299,050 		 	$179,300 	
Other Sources and Uses											
Interfund Transfer		$0		$0		$0		$0		$0	
Property Appraiser		$0		$1,710		$0		$1,710		$1,710	
    TOTAL OTHER SOURCES AND USES			 	$0 		 	$1,710 		 	$0 		 	$1,710 		 	$1,710 	
EXCESS REVENUES		$119,744		$249,743		($130,360)		$119,383		$97,175	

Interest 11/1/2022	$56,250

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

DATE	RATE	PRINCIPAL	INTEREST	TOTAL	
05/01/21	6.0%	$	30,000	$	60,450	$	90,450	
11/01/21	6.0%	$	-	$	57,150	$	144,300	
05/01/22	6.0%	$	30,000	$	57,150		
11/01/22	6.0%	$	-	$	56,250	$	147,500	
05/01/23	6.0%	$	35,000	$	56,250		
11/01/23	6.0%	$	-	$	55,200	$	145,400	
05/01/24	6.0%	$	35,000	$	55,200		
11/01/24	6.0%	$	-	$	54,150	$	148,300	
05/01/25	6.0%	$	40,000	$	54,150		
11/01/25	6.0%	$	-	$	52,950	$	145,900	
05/01/26	6.0%	$	40,000	$	52,950		
11/01/26	6.0%	$	-	$	51,750	$	148,500	
05/01/27	6.0%	$	45,000	$	51,750		
11/01/27	6.0%	$	-	$	50,400	$	145,800	
05/01/28	6.0%	$	45,000	$	50,400		
11/01/28	6.0%	$	-	$	49,050	$	148,100	
05/01/29	6.0%	$	50,000	$	49,050		
11/01/29	6.0%	$	-	$	47,550	$	145,100	
05/01/30	6.0%	$	50,000	$	47,550		
11/01/30	6.0%	$	-	$	46,050	$	147,100	
05/01/31	6.0%	$	55,000	$	46,050		
11/01/31	6.0%	$	-	$	44,400	$	143,800	
05/01/32	6.0%	$	55,000	$	44,400		
11/01/32	6.0%	$	-	$	42,750	$	145,500	
05/01/33	6.0%	$	60,000	$	42,750		
11/01/33	6.0%	$	-	$	40,950	$	146,900	
05/01/34	6.0%	$	65,000	$	40,950		
11/01/34	6.0%	$	-	$	39,000	$	148,000	
05/01/35	6.0%	$	70,000	$	39,000		
11/01/35	6.0%	$	-	$	36,900	$	148,800	
05/01/36	6.0%	$	75,000	$	36,900		
11/01/36	6.0%	$	-	$	34,650	$	144,300	
05/01/37	6.0%	$	75,000	$	34,650		
11/01/37	6.0%	$	-	$	32,400	$	144,800	
05/01/38	6.0%	$	80,000	$	32,400		
11/01/38	6.0%	$	-	$	30,000	$	145,000	
05/01/39	6.0%	$	85,000	$	30,000		
11/01/39	6.0%	$	-	$	27,450	$	144,900	
05/01/40	6.0%	$	90,000	$	27,450		
11/01/40	6.0%	$	-	$	24,750	$	149,500	
05/01/41	6.0%	$	100,000	$	24,750		
11/01/41	6.0%	$	-	$	21,750	$	148,500	
05/01/42	6.0%	$	105,000	$	21,750		
11/01/42	6.0%	$	-	$	18,600	$	147,200	
05/01/43	6.0%	$	110,000	$	18,600		
11/01/43	6.0%	$	-	$	15,300	$	145,600	
05/01/44	6.0%	$	115,000	$	15,300		
11/01/44	6.0%	$	-	$	11,850	$	148,700	
05/01/45	6.0%	$	125,000	$	11,850		
11/01/45	6.0%	$	-	$	8,100	$	146,200	
05/01/46	6.0%	$	130,000	$	8,100		
11/01/46	6.0%	$	-	$	4,200	$	148,400	
05/01/47	6.0%	$	140,000	$	4,200		
Total		$	1,905,000	$	1,907,100	$	3,812,100	

Amelia Concourse
Community Development District			

			Debt Service Fund
Series 2019A	
		Adopted	Actual	Projected	Total		Approved	
		Budget	Thru	Next	Projected		Budget	
 Description			     FY 2021 	     4/30/21	 	5 Months		 	9/30/21			 	FY 2022		
Revenues							
Special Assessments		$212,603	$212,603	$0	$212,603		$212,603	
Special Assessments- Prepayments		$0	$92,019	$0	$92,019		$0	
Interest Income		$0	$9	$15	$24		$100	
Carry Forward Surplus		$85,939	$86,867	$0	$86,867		$102,857	
    TOTAL REVENUES			    $298,542 	
 	$391,498 	$15 	 	$391,513 		 	$315,560 	
Expenditures							
Series 2019A							
Interest - 11/01		$85,739	$84,609	$0	$84,609		$81,219	
Special Call - 2/1		$0	$40,000	$0	$40,000		$0	
Interest Expense - 2/1		$0	$565	$0	$565		$0	
Interest - 05/01		$85,739	$0	$83,479	$83,479		$81,219	
Principal - 05/01		$40,000	$0	$40,000	$40,000		$45,000	
Principal Prepayment-05/01		$0	$0	$40,000	$40,000		$0	
    TOTAL EXPENDITURES			    $211,478 	
 	$125,174 	$163,479 	 	$288,653 		 	$207,438 	
Other Sources and Uses							
Interfund Transfer		$0	($3)	$0	($3)		$0	
    TOTAL OTHER SOURCES AND USES			 	$0 	
 	($3) 	$0 	 	($3) 		 	$0 	
EXCESS REVENUES		$87,065	
$266,321	($163,464)	$102,857		$108,122	
				
Interest 11/1/2022		
$79,948	
			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	

Amelia Concourse		Amortization Schedule Community Development District	Series 2019A Capital Improvement Revenue Bonds

 	DATE	RATE		 	PRINCIPAL		 	INTEREST	 	TOTAL	

05/01/21	5.65%	$	40,000		$	83,479		$ 123,479	
11/01/21	5.65%	$	-		$	81,219			
05/01/22	5.65%	$	45,000		$	81,219		$ 207,438	
11/01/22	5.65%	$	-		$	79,948			
05/01/23	5.65%	$	45,000		$	79,948		$ 204,895	
11/01/23	5.65%	$	-		$	78,676			
05/01/24	5.65%	$	50,000		$	78,676		$ 207,353	
11/01/24	5.65%	$	-		$	77,264			
05/01/25	5.65%	$	50,000		$	77,264		$ 204,528	
11/01/25	5.65%	$	-		$	75,851			
05/01/26	5.65%	$	55,000		$	75,851		$ 206,703	
11/01/26	5.65%	$	-		$	74,298			
05/01/27	5.65%	$	55,000		$	74,298		$ 203,595	
11/01/27	5.65%	$	-		$	72,744			
05/01/28	5.65%	$	60,000		$	72,744		$ 205,488	
11/01/28	5.65%	$	-		$	71,049			
05/01/29	5.65%	$	65,000		$	71,049		$ 207,098	
11/01/29	5.65%	$	-		$	69,213			
05/01/30	5.65%	$	70,000		$	69,213		$ 208,425	
11/01/30	5.65%	$	-		$	67,235			
05/01/31	5.65%	$	70,000		$	67,235		$ 204,470	
11/01/31	5.65%	$	-		$	65,258			
05/01/32	5.65%	$	75,000		$	65,258		$ 205,515	
11/01/32	5.65%	$	-		$	63,139			
05/01/33	5.65%	$	80,000		$	63,139		$ 206,278	
11/01/33	5.65%	$	-		$	60,879			
05/01/34	5.65%	$	85,000		$	60,879		$ 206,758	
11/01/34	5.65%	$	-		$	58,478			
05/01/35	5.65%	$	90,000		$	58,478		$ 206,955	
11/01/35	5.65%	$	-		$	55,935			
05/01/36	5.65%	$	95,000		$	55,935		$ 206,870	
11/01/36	5.65%	$	-		$	53,251			
05/01/37	5.65%	$	100,000		$	53,251		$ 206,503	
11/01/37	5.65%	$	-		$	50,426			
05/01/38	5.65%	$	105,000		$	50,426		$ 205,853	
11/01/38	5.65%	$	-		$	47,460			
05/01/39	5.65%	$	115,000		$	47,460		$ 209,920	
11/01/39	5.65%	$	-		$	44,211			
05/01/40	5.65%	$	120,000		$	44,211		$ 208,423	
11/01/40	5.65%	$	-		$	40,821			
05/01/41	5.65%	$	125,000		$	40,821		$ 206,643	
11/01/41	5.65%	$	-		$	37,290			
05/01/42	5.65%	$	135,000		$	37,290		$ 209,580	
11/01/42	5.65%	$	-		$	33,476			
05/01/43	5.65%	$	140,000		$	33,476		$ 206,953	
11/01/43	5.65%	$	-		$	29,521			
05/01/44	5.65%	$	150,000		$	29,521		$ 209,043	
11/01/44	5.65%	$	-		$	25,284			
05/01/45	5.65%	$	160,000		$	25,284		$ 210,568	
11/01/45	5.65%	$	-		$	20,764			
05/01/46	5.65%	$	170,000		$	20,764		$ 211,528	
11/01/46	5.65%			$	15,961			
05/01/47	5.65%	$	175,000		$	15,961		$ 206,923	
11/01/47	5.65%			$	11,018			
05/01/48	5.65%	$	190,000		$	11,018		$ 212,035	
11/01/48	5.65%			$	5,650			
05/01/49	5.65%	$	200,000		$	5,650		$ 211,300	
 	Total			 	$	2,875,000 		 	$ 2,932,633 		 	$ 5,807,633 	

Amelia Concourse	Debt Service Fund
Community Development District	Series 2019B

	Adopted
Budget		Actual
Thru		Projected
Next		Total
Projected		Approved
Budget	
 Description			 	FY 2021 		     4/30/21			 	5 Months			 	9/30/21			 	FY 2022		
Revenues											
Special Assessments		$203,388		$183,109		$20,279		$203,388		$161,625	
Special Assessments- Prepayments		$0		$939,915		$0		$939,915		$0	
Special Assessments- Prepayment Interest		$0		$20,102		$0		$20,102		$0	
Interest Income		$0		$9		$15		$24		$100	
Carry Forward Surplus		$101,894		$0		$0		$0		$280,449	
    TOTAL REVENUES			 	$305,282 		   $1,143,135 		 	$20,294 		      $1,163,429 		 	$442,174 	
Expenditures											
Series 2019B-1 Interest - 11/01		
$50,400		
$50,400		
$0		
$50,400		
$40,031	
Special Call - 2/1		$0		$205,000		$0		$205,000		$0	
Interest Expense - 2/1		$0		$2,691		$0		$2,691		$0	
Interest - 05/01		$50,400		$0		$45,019		$45,019		$40,031	
Principal Prepayment-05/01		$0		$0		$190,000		$190,000		$0	

Series 2019B-2											
Interest - 11/01		$51,294		$51,294		$0		$51,294		$40,781	
Special Call - 2/1		$0		$150,000		$0		$150,000		$0	
Interest Expense - 2/1		$0		$2,719		$0		$2,719		$0	
Interest - 05/01		$51,294		$0		$45,856		$45,856		$40,781	
Principal Prepayment-05/01		$0		$0		$140,000		$140,000		$0	
    TOTAL EXPENDITURES			 	$203,388 		 	$462,103 		 	$420,875 		 	$882,978 		 	$161,625 	
Other Sources and Uses											
Interfund Transfer		$0		($2)		$0		($2)		$0	
    TOTAL OTHER SOURCES AND USES			 	$0 		 	($2) 		 	$0 		 	($2) 		 	$0 	
EXCESS REVENUES		$101,894		$681,030		($400,581)		$280,449		$280,549	
								
Interest 11/1/2022		
$80,813	

Development
Type	
Units	Gross
Per Unit	Gross
Assessments	
Single Family	172	$998	$171,727	
Less Disc. + Collections 7%			$10,102	
Net Annual Assessment			$161,625	

Amelia Concourse	Amortization Schedule
Community Development District	Series 2019B-1 Capital Improvement Revenue Bonds

 	DATE		 	BALANCE		 	RATE		 	PRINCIPAL		 	INTEREST		 	TOTAL	

05/01/21	$ 1,715,000	5.25%	$	45,019	$	95,419	
11/01/21	$ 1,525,000	5.25%	$	-	$	40,031		
05/01/22	$ 1,525,000	5.25%	$	-	$	40,031	$	80,063	
11/01/22	$ 1,525,000	5.25%	$	-	$	40,031		
05/01/23	$ 1,525,000	5.25%	$	-	$	40,031	$	80,063	
11/01/23	$ 1,525,000	5.25%	$	-	$	40,031		
05/01/24	$ 1,525,000	5.25%	$	-	$	40,031	$	80,063	
11/01/24	$ 1,525,000	5.25%	$	-	$	40,031		
05/01/25	$ 1,525,000	5.25%	$	-	$	40,031	$	80,063	
11/01/25	$ 1,525,000	5.25%	$	-	$	40,031		
05/01/26	$ 1,525,000	5.25%	$	-	$	40,031	$	80,063	
11/01/26	$ 1,525,000	5.25%	$	-	$	40,031		
05/01/27	$ 1,525,000	5.25%	$	-	$	40,031	$	80,063	
11/01/27	$ 1,525,000	5.25%	$	-	$	40,031		
05/01/28	$ 1,525,000	5.25%	$	-	$	40,031	$	80,063	
11/01/28	$ 1,525,000	5.25%	$	-	$	40,031		
05/01/29	$ 1,525,000	5.25%	$	1,715,000	$	40,031	$	80,063	

 	Total	

   $ 1,715,000.00 

   $	640,500 

   $	640,500 

Amelia Concourse	Amortization  Schedule
Community Development District	Series 2019B-2 Capital Improvement Revenue Bonds

 	DATE			 	BALANCE			 	RATE			
 	PRINCIPAL		 	INTEREST			 	TOTAL		
05/01/21		$ 1,265,000		7.25%		$	-	$	45,856		$	-	
11/01/21		$ 1,125,000		7.25%		$	-	$	40,781		$	86,638	
05/01/22		$ 1,125,000		7.25%		$	-	$	40,781		$	-	
11/01/22		$ 1,125,000		7.25%		$	-	$	40,781		$	81,563	
05/01/23		$ 1,125,000		7.25%		$	-	$	40,781		$	-	
11/01/23		$ 1,125,000		7.25%		$	-	$	40,781		$	81,563	
05/01/24		$ 1,125,000		7.25%		$	-	$	40,781		$	-	
11/01/24		$ 1,125,000		7.25%		$	-	$	40,781		$	81,563	
05/01/25		$ 1,125,000		7.25%		$	-	$	40,781		$	-	
11/01/25		$ 1,125,000		7.25%		$	-	$	40,781		$	81,563	
05/01/26		$ 1,125,000		7.25%		$	-	$	40,781		$	-	
11/01/26		$ 1,125,000		7.25%		$	-	$	40,781		$	81,563	
05/01/27		$ 1,125,000		7.25%		$	-	$	40,781		$	-	
11/01/27		$ 1,125,000		7.25%		$	-	$	40,781		$	81,563	
05/01/28		$ 1,125,000		7.25%		$	-	$	40,781		$	-	
11/01/28		$ 1,125,000		7.25%		$	-	$	40,781		$	81,563	
05/01/29		$ 1,125,000		7.25%		$	1,265,000	$	40,781		$	-	
 	Total							
   $	1,265,000	 $	652,500 		   $	657,575 	

Amelia Concourse
Community Development District						Amelia Concourse SPE, LLC	

Adopted Budget
 Description		 FY 2021			Actual Thru
 	4/30/21			Projected Next
   5 Months 		
Total	Approved
Projected	Budget
 	9/30/21	 	FY 2022		
Revenues							
Bondholder Funding	$25,650		$9,000		$16,650		$25,650	$25,650	

    TOTAL REVENUES		 	$25,650 		 	$9,000 		 	$16,650 		
 	$25,650 	$25,650 	
Expenditures							
Annual Corporate Fees	$150		$144		$6		$150	$150	
Bank Charges/Other Current	$1,500		$765		$735		$1,500	$1,500	
Contingency/Miscellaneous	$2,500		$282		$2,218		$2,500	$2,500	
Insurance - Liability	$1,500		$0		$1,500		$1,500	$1,500	
Management Fees	$20,000		$9,000		$11,000		$20,000	$20,000	

    TOTAL EXPENDITURES		 	$25,650 	$10,191 	$15,459 	$25,650 	$25,650 

EXCESS REVENUES	$0	($1,191)	$1,191	($0)	$0

Amelia Concourse
Community Development District	Capital Reserve

	Adopted
Budget		Actual
Thru		Projected
Next		Total
Projected		Approved
Budget	
 Description	 Revenues:		 	FY 2021			     4/30/21 		  5 Months 		     9/30/21 		     FY 2022 	
Interest		$1,000		$81		$90		$171		$200	
Capital Reserve Funding - Transfer In		$24,693		$0		$24,693		$24,693		$43,435	
Carry Forward Surplus		$77,265		$76,806		$0		$76,806		$91,670	
 Total Revenues			 	$102,958 		 	$76,887 		    $24,783 		      $101,670 		    $135,305 	
Expenditures											
Capital Outlay		$10,000		$0		$10,000		$10,000		$10,000	
Capital Reserve Study		$0		$0				$0		$0	
 Total Expenditures			 	$10,000 		 	$0 		    $10,000 		 	$10,000 		 	$10,000 	
 Excess Revenues (Expenditures)			 	$92,958 		 	$76,887 		    $14,783 		 	$91,670 		    $125,305 	

Reserve Study Funding Plan (Next 5 Years)
Planned	Budgeted
Funding	Interest	Expenses	Balance	Balance	Variance
Beginning Balance				$56,000		
Fiscal Year 2019	$35,227	$1,338	$2,000	$90,565		
Fiscal Year 2020	$35,932	$1,696	$13,400	$114,793		
Fiscal Year 2021	$36,651	$1,029	$82,827	$69,646		
Fiscal Year 2022	$33,659	$1,481	$4,589	$100,197	$125,305	$25,108	
Fiscal Year 2023	$34,332	$1,616	$26,787	$109,358