Amelia Concourse Community Development District
Workshop Agenda
Tuesday	Amelia Concourse Amenity Center
April 19, 2022	85200 Amaryllis Court
11:00 a.m.	Fernandina Beach, Florida 32034
Call In #1-800-264-8432 Code 988243
www.ameliaconcoursecdd.com

Roll Call

Discussion of the Fiscal Year 2023 Budget

Adjournment

1

	Adopted
Budget		Actual
Thru		Projected
Next		Total
Projected		Proposed
Budget	
 Description				FY 2022				3/31/22				6 Months				9/30/22				FY 2023		
Revenues											
Assessments - Tax Roll		$348,677		$327,314		$21,363		$348,677		$348,677	
Interest Income		$50		$9		$10		$19		$50	
Rental Revenue/Miscellaneous Revenue		$500		$150		$200		$350		$500	
 TOTAL REVENUES				$349,227 			$327,472 			$21,573 			$349,045 			$349,227 	
Expenditures											
Administrative Supervisors		
$6,000		
$1,800		
$3,000		
$4,800		
$6,000	
FICA Expense		$459		$138		$230		$367		$459	
Travel		$300		$0		$150		$150		$300	
Engineering		$13,000		$5,103		$7,400		$12,503		$13,000	
Attorney Fees		$25,000		$12,582		$12,418		$25,000		$25,000	
Annual Audit		$4,050		$0		$4,050		$4,050		$4,050	
Dissemination		$10,100		$5,100		$5,000		$10,100		$10,100	
Assessment Roll		$7,500		$7,500		$0		$7,500		$7,500	
Property Appraiser		$2,400		$2,175		$0		$2,175		$2,175	
Trustee Fees		$10,000		$2,813		$6,000		$8,813		$10,000	
Arbitrage		$1,800		$0		$1,800		$1,800		$1,800	
Management Fees		$45,000		$22,500		$3,750		$26,250		$47,250	
Information Technology		$1,875		$938		$938		$1,875		$1,875	
Website Maintenance		$750		$375		$375		$750		$750	
Telephone		$500		$100		$250		$350		$500	
Postage		$800		$403		$597		$1,000		$1,000	
Insurance		$10,055		$9,461		$0		$9,461		$11,353	
Printing and Binding		$1,500		$541		$945		$1,486		$1,500	
Legal Advertising		$4,500		$446		$3,639		$4,085		$4,500	
Other Current Charges		$550		$202		$345		$547		$550	
Office Supplies		$150		$39		$85		$124		$150	
Dues, Licenses & Subscriptions		$175		$175		$0		$175		$175	
 TOTAL ADMINISTRATIVE				$146,464 			$72,390 			$50,971 			$123,361 			$149,987 	
FIELD:											
Contract Services:											
Landscape Maintenance		$25,000		$8,811		$10,811		$19,622		$25,000	
Lake Maintenance		$6,686		$3,328		$3,547		$6,876		$7,046	
 Management Company				$7,140 			$3,570 			$3,570 			$7,140 			$7,140 	
 Subtotal Contract Services				$38,826 			$15,709 			$17,928 			$33,638 			$39,186 	
Repairs & Maintenance:											
Repairs & Maintenance		$16,800		$7,939		$8,861		$16,800		$16,800	
Irrigation Repairs		$800		$255		$545		$800		$1,000	
 Landscape Contingency				$10,000 			$2,584 			$7,416 			$10,000 			$10,000 	
 Subtotal Repairs and Maintenance				$27,600 			$10,778 			$16,822 			$27,600 			$27,800 	

 Description			Adopted Budget
	FY 2022			Actual Thru
	3/31/22			Projected Next
	6 Months			Total Projected
	9/30/22			Proposed Budget
	FY 2023		

Utilities:
Electric		

$28,000		

$13,524		

$14,476		

$28,000		

$30,800	
 Water & Sewer				$17,500 			$5,958 			$11,542 			$17,500 			$19,250 	
 Subtotal Utilities				$45,500 			$19,481 			$26,019 			$45,500 			$50,050 	
Amenity Center:
Insurance		
$14,310		
$13,463		
$0		
$13,463		
$16,156	
Pool Maintenance		$14,400		$7,200		$7,200		$14,400		$15,840	
Pool Chemicals		$12,480		$3,588		$6,240		$9,828		$13,728	
Pool Permits		$530		$0		$530		$530		$530	
Cable		$1,500		$670		$830		$1,500		$1,650	
Janitorial		$5,000		$2,772		$2,828		$5,600		$5,600	
Facility Maintenance		$10,000		$660		$8,160		$8,820		$10,000	
Pest Control		$1,500		$462		$784		$1,246		$1,650	
Refuse		$362		$206		$206		$412		$550	
 Holiday Decorations				$4,000 			$5,095 			$0 			$5,095 			$5,500 	
 Subtotal Amenity Center				$64,082 			$34,116 			$26,778 			$60,894 			$71,204 	
Reserves:
Capital Outlay		
$0		
$8,788		
$8,500		
$17,288		
$0	
Capital Reserve Fund		$26,754		$0		$0		$26,754		$11,000	
 Subtotal Reserves				$26,754 			$8,788 			$8,500 			$44,042 			$11,000 	
 TOTAL FIELD EXPENDITURES				$202,762 			$88,873 			$96,047 			$211,674 			$199,240 	

 TOTAL EXPENDITURES			$349,226 		$161,262	$147,018 		$335,034 		$349,227 	
 EXCESS REVENUE				$0 			$166,210 			($125,445) 			$14,011 			$0 	

	FY 2022	FY 2023	
Net Assessment	$	348,677	$	348,677	
Collection & Discounts (7%)	 $	26,245 	 $	26,245 	
Gross Assessment	$	374,922	$	374,922	
No. of Units	458	458	
Gross Per Unit Assessment	$	819	$	819