Amelia Concourse Community Development District
Workshop Agenda
Tuesday	Amelia Concourse Amenity Center
April 4, 2023	85200 Amaryllis Court
11:00 a.m.	Fernandina Beach, Florida 32034
Call In #1-877-304-9269; 3537070
www.ameliaconcoursecdd.com

Roll Call

Discussion of the Fiscal Year 2024 Budget

Adjournment

1

Amelia Concourse Community Development District

Proposed Budget Fiscal Year 2024

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 2023			Actual Thru
	2/28/23			Projected Next
	7 Months			Total Projected
	9/30/23			Proposed Budget
	FY 2024		
Revenues											
Assessments - Tax Roll		$421,342		$420,261		$1,081		$421,342		$431,133	
Interest Income		$100		$6,183		$8,656		$14,839		$7,500	
Rental Revenue/Miscellaneous Revenue		$500		$0		$500		$500		$500	
 TOTAL REVENUES				$421,942 			$426,444 			$10,237 			$436,681 			$439,133 	
Expenditures											
Administrative Supervisors		
$6,000		
$1,400		
$4,600		
$6,000		
$6,000	
FICA Expense		$459		$107		$352		$459		$459	
Travel		$300		$0		$300		$300		$300	
Engineering		$17,000		$2,025		$7,975		$10,000		$10,000	
Attorney Fees		$25,000		$24,026		$20,974		$45,000		$45,000	
Annual Audit		$4,350		$0		$4,350		$4,350		$4,350	
Dissemination		$10,500		$4,375		$6,125		$10,500		$11,130	
Assessment Roll		$7,500		$7,500		$0		$7,500		$7,950	
Property Appraiser		$2,175		$4,093		$0		$4,093		$6,000	
Trustee Fees		$10,000		$5,563		$4,438		$10,000		$10,000	
Arbitrage		$1,800		$0		$1,800		$1,800		$1,800	
Management Fees		$47,250		$19,688		$27,566		$47,254		$50,085	
Information Technology		$2,000		$833		$1,167		$2,000		$2,120	
Website Maintenance		$1,000		$417		$583		$1,000		$1,060	
Telephone		$500		$71		$429		$500		$500	
Postage		$1,000		$161		$839		$1,000		$1,000	
Insurance		$11,353		$10,171		$0		$10,171		$11,188	
Printing and Binding		$1,500		$235		$1,265		$1,500		$1,500	
Legal Advertising		$2,500		$0		$2,500		$2,500		$2,500	
Other Current Charges		$550		$600		$165		$765		$1,000	
Office Supplies		$150		$7		$50		$57		$100	
Dues, Licenses & Subscriptions		$175		$175		$0		$175		$175	
 TOTAL ADMINISTRATIVE				$153,062 			$81,447 			$85,477 			$166,924 			$174,217 	
FIELD:											
Contract Services:											
Landscape Maintenance		$25,000		$9,642		$18,326		$27,968		$32,050	
Lake Maintenance		$7,354		$1,840		$3,576		$5,416		$5,500	
 Management Company				$7,639 			$2,975 			$4,165 			$7,140 			$7,639 	
 Subtotal Contract Services				$39,993 			$14,457 			$26,067 			$40,524 			$45,189 	
Repairs & Maintenance:											
Repairs & Maintenance		$16,800		$4,962		$11,838		$16,800		$16,800	
Irrigation Repairs		$1,000		$2,410		$1,500		$3,910		$4,000	
 Landscape Contingency				$10,000 			$3,581 			$6,419 			$10,000 			$10,000 	
 Subtotal Repairs and Maintenance				$27,800 			$10,953 			$19,757 			$30,710 			$30,800 	

Amelia Concourse
Community Development District										
General Fund	

 Description			Adopted Budget
	FY 2023			Actual Thru
	2/28/23			Projected Next
	7 Months			Total Projected
	9/30/23			Proposed Budget
	FY 2024		

Utilities:											
Electric		$30,800		$12,706		$17,788		$30,494		$32,183	
 Water & Sewer				$19,250 			$5,128 			$7,179 			$12,307 			$13,000 	
 Subtotal Utilities				$50,050 			$17,834 			$24,967 			$42,801 			$45,183 	
Amenity Center:											
Insurance		$16,156		$14,548		$0		$14,548		$13,225	
Pool Maintenance		$16,000		$6,000		$9,900		$15,900		$16,000	
Pool Chemicals		$13,728		$2,205		$11,523		$13,728		$13,728	
Pool Permits		$530		$0		$530		$530		$530	
Cable		$2,000		$291		$1,050		$1,608		$2,000	
Janitorial		$5,600		$1,965		$2,751		$4,716		$5,600	
Facility Maintenance		$10,000		$699		$9,301		$10,000		$10,000	
Pest Control		$1,500		$385		$1,115		$1,500		$1,500	
Refuse		$660		$315		$345		$660		$660	
 Holiday Decorations				$5,500 			$0 			$5,500 			$5,500 			$5,500 	
 Subtotal Amenity Center				$71,674 			$26,408 			$42,015 			$68,690 			$68,743 	
Reserves:											
Capital Outlay		$4,363		$0		$4,363		$4,363		$0	
Capital Reserve Fund		$75,000		$0		$75,000		$75,000		$75,000	
 Subtotal Reserves				$79,363 			$0 			$79,363 			$79,363 			$75,000 	
 TOTAL FIELD EXPENDITURES				$268,880 			$69,652 			$192,169 			$262,088 			$264,915 	

 TOTAL EXPENDITURES			$421,942 		$151,099	$277,646 		$429,012 		$439,133 	
 EXCESS REVENUE				$0 			$275,345 			($267,409) 			$7,669 			$0 	

Net Assessment	FY 2023
$421,342	FY 2024
$431,133	
Collection & Discounts (7%) 		$31,716		$32,453	
Gross Assessment	$453,058	$463,586	
No. of Units	458	458	
Gross Per Unit Assessment	$989.21	$1,012.20	

Amelia Concourse
Community Development District
General Fund Budget FY 2024

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 Kilinski Van Wyk, PPLC 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 FY 2024
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. It has contracted with Governmental Management Services, LLC to provide this service. 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 FY 2024
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 Bright View Landscaping Services 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	
Bright View	Landscape Maintenance	$2,618	$31,416	
	Contingency		$634	
Total			$32,050	

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 Maintenacne	$368	$4,416	
		Contingency		$1,084	
Total				$5,500	

Amelia Concourse
Community Development District
General Fund Budget FY 2024
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	
	Contingency		$499	
Total			$7,639	

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	$781	$9,375	
85200 Amaryllis Ct St Lights	69397-29510	$678	$8,132	
95016 Daisy Ln # Entry Light	47823-07021	$32	$378	
95016 Daisy Ln	10995-48073	$1,051	$12,610	
Contingency for new accounts		$141	$1,689	
Total			$32,183	

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	$381	$4,576	
85200 Amaryllis Ct	67891709	$454	$5,449	
85200 Amaryllis Ct - Sewer	67891712	$122	$1,468	
85200 Amaryllis Ct - Water	67891712	$68	$814	
Contingency for new accounts		$58	$693	
Total			$13,000	

Amelia Concourse
Community Development District
General Fund Budget FY 2024

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

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	$1,333	$16,000	
Total			$16,600	

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

Vendor	Description	Monthly	Annual

Pool Sure	Pool Chemicals	$1,144	$13,728	
Total			$13,728	

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	$134	$1,608	
	Contingency		$392	
Total			$2,000	

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	$467	$5,600	
Total			$5,600	

Amelia Concourse
Community Development District
General Fund Budget FY 2024
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.

Refuse
Garbage disposal services provided by Meridian Waste.
Vendor	Description	Monthly	Annual	
Meridian Waste	Refuse	$55	$660	
Total			$660	

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

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	Proposed
Budget	
 Description				FY 2023			FY 2024		
Revenues				
Special Assessments (1)		$116,683	$112,423	
Interest Income		$500	$500	
Other Revenue Sources		$394,893	$394,893	
  TOTAL REVENUES			  $512,076 		$507,816 	
Expenditures				
Series 2007				
Debt Service Obligation		$511,375	$507,816	
  TOTAL EXPENDITURES			  $511,375 		$507,816 	
Other Sources and Uses				
Property Appraiser		$701	$0	
  TOTAL OTHER SOURCES AND USES				$701 		$0 	
EXCESS REVENUES		$0	$0	
				
Net Assessment		$112,424		
Plus Collection Fees & Discounts (7%)			$7,870 		
Gross Assessment		$120,294		

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

Amelia Concourse								Debt Service Fund	
Community Development District								Series 2016	

 Description			Adopted Budget
	FY 2023			Actual Thru
	2/28/23			Projected Next
	7 Months			 
Total	Proposed
Projected	Budget
	9/30/23	 	FY 2024		
Revenues									
Special Assessments		$149,500		$147,710		$381		$148,091	$148,091	
Special Assessments- Prepayments		$0		$14,373		$0		$14,373	$0	
Interest Income		$50		$1,544		$2,162		$3,706	$2,000	
Carry Forward Surplus		$97,143		$95,847		$0		$95,847	$84,128	
  TOTAL REVENUES				$246,693 			$259,474 			$2,542 			$262,017  	$234,219 	
Expenditures									
Series 2016									
Interest - 11/1		$55,950		$55,950		$0		$55,950	$54,450	
Principal  Prepayment-11/1		$10,000		$15,000		$0		$15,000	$0	
Interest - 5/1		$55,500		$0		$55,500		$55,500	$54,450	
Principal - 5/1		$35,000		$0		$35,000		$35,000	$35,000	
Principal Prepayment - 5/1		$10,000		$0		$15,000		$15,000	$0	
  TOTAL EXPENDITURES				$166,450 			$70,950 			$105,500 			$176,450  	$143,900 	
Other Sources and Uses									
Property Appraiser		$931		$1,439		$0		$1,439	$0	
  TOTAL OTHER SOURCES AND USES				$931 			$1,439 			$0 			$1,439  	$0 	
EXCESS REVENUES		$79,312		$187,085		($102,958)		$84,128	$90,319	

Interest 11/1/2024  $	53,400	

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

DATE	BALANCE	RATE	PRINCIPAL	INTEREST	TOTAL	
05/01/23	$  1,850,000	6.0%	$	35,000	$	55,500		
11/01/23	$  1,815,000	6.0%	$	-	$	54,450	$	144,950	
05/01/24	$  1,815,000	6.0%	$	35,000	$	54,450		
11/01/24	$  1,780,000	6.0%	$	-	$	53,400	$	142,850	
05/01/25	$  1,780,000	6.0%	$	35,000	$	53,400		
11/01/25	$  1,745,000	6.0%	$	-	$	52,350	$	140,750	
05/01/26	$  1,745,000	6.0%	$	40,000	$	52,350		
11/01/26	$  1,705,000	6.0%	$	-	$	51,150	$	143,500	
05/01/27	$  1,705,000	6.0%	$	40,000	$	51,150		
11/01/27	$  1,665,000	6.0%	$	-	$	49,950	$	141,100	
05/01/28	$  1,665,000	6.0%	$	45,000	$	49,950		
11/01/28	$  1,620,000	6.0%	$	-	$	48,600	$	143,550	
05/01/29	$  1,620,000	6.0%	$	45,000	$	48,600		
11/01/29	$  1,575,000	6.0%	$	-	$	47,250	$	140,850	
05/01/30	$  1,575,000	6.0%	$	50,000	$	47,250		
11/01/30	$  1,525,000	6.0%	$	-	$	45,750	$	143,000	
05/01/31	$  1,525,000	6.0%	$	55,000	$	45,750		
11/01/31	$  1,470,000	6.0%	$	-	$	44,100	$	144,850	
05/01/32	$  1,470,000	6.0%	$	55,000	$	44,100		
11/01/32	$  1,415,000	6.0%	$	-	$	42,450	$	141,550	
05/01/33	$  1,415,000	6.0%	$	60,000	$	42,450		
11/01/33	$  1,355,000	6.0%	$	-	$	40,650	$	143,100	
05/01/34	$  1,355,000	6.0%	$	65,000	$	40,650		
11/01/34	$  1,290,000	6.0%	$	-	$	38,700	$	144,350	
05/01/35	$  1,290,000	6.0%	$	70,000	$	38,700		
11/01/35	$  1,220,000	6.0%	$	-	$	36,600	$	145,300	
05/01/36	$  1,220,000	6.0%	$	70,000	$	36,600		
11/01/36	$  1,150,000	6.0%	$	-	$	34,500	$	141,100	
05/01/37	$  1,150,000	6.0%	$	75,000	$	34,500		
11/01/37	$  1,075,000	6.0%	$	-	$	32,250	$	141,750	
05/01/38	$  1,075,000	6.0%	$	80,000	$	32,250		
11/01/38	$	995,000	6.0%	$	-	$	29,850	$	142,100	
05/01/39	$	995,000	6.0%	$	85,000	$	29,850		
11/01/39	$	910,000	6.0%	$	-	$	27,300	$	142,150	
05/01/40	$	910,000	6.0%	$	90,000	$	27,300		
11/01/40	$	820,000	6.0%	$	-	$	24,600	$	141,900	
05/01/41	$	820,000	6.0%	$	95,000	$	24,600		
11/01/41	$	725,000	6.0%	$	-	$	21,750	$	141,350	
05/01/42	$	725,000	6.0%	$	105,000	$	21,750		
11/01/42	$	620,000	6.0%	$	-	$	18,600	$	145,350	
05/01/43	$	620,000	6.0%	$	110,000	$	18,600		
11/01/43	$	510,000	6.0%	$	-	$	15,300	$	143,900	
05/01/44	$	510,000	6.0%	$	115,000	$	15,300		
11/01/44	$	395,000	6.0%	$	-	$	11,850	$	142,150	
05/01/45	$	395,000	6.0%	$	125,000	$	11,850		
11/01/45	$	270,000	6.0%	$	-	$	8,100	$	144,950	
05/01/46	$	270,000	6.0%	$	130,000	$	8,100		
11/01/46	$	140,000	6.0%	$	-	$	4,200	$	142,300	
05/01/47	$	-	6.0%	$	140,000	$	4,200		
11/01/47					$	144,200	
Total			$	1,850,000	$	1,722,900	$	3,572,900	

Amelia Concourse
Community Development District							

		Debt Service Fund
Series 2019A	

 Description			Adopted Budget
  FY 2023 		Actual Thru
  2/28/23			Projected Next
	7 Months		Total Projected
	9/30/23			Proposed Budget
	FY 2024		
Revenues										
Special Assessments		$212,603		$183,152		$0	$183,152		$183,152	
Special Assessments- Prepayments		$0		$16,170		$0	$16,170		$0	
Interest Income		$50		$1,779		$2,491	$4,270		$2,000	
Carry Forward Surplus		$88,970		$94,599		$0	$94,599		$78,170	
  TOTAL REVENUES			 $301,623 			$295,700 			$2,491 	
	$298,191 			$263,322 	
Expenditures										
Series 2019A Interest - 11/1		
$71,190		
$71,190		
$0	
$71,190		
$69,495	
Principal Prepayment - 11/1		$45,000		$20,000		$0	$20,000		$0	
Interest - 5/1		$70,625		$0		$70,625	$70,625		$69,495	
Principal - 5/1		$40,000		$0		$40,000	$40,000		$45,000	
Principal Prepayment - 5/1		$0		$0		$15,000	$15,000		$0	
  TOTAL EXPENDITURES			 $226,815 			$91,190 			$125,625 	
	$216,815 			$183,990 	
Other Sources and Uses										
Property Appraiser		$1,246		$1,784		$0	$1,784		$0	
Interfund Transfer		$0		$872		$550	$1,422		$0	
  TOTAL OTHER SOURCES AND USES				$1,246 			$2,656 			$550 	
	$3,206 			$0 	
EXCESS REVENUES		$73,562		$201,854		($123,684)	
$78,170		$263,322	
							
Interest 11/1/2024		
$	68,223.75	

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

	DATE				BALANCE				RATE				PRINCIPAL				INTEREST				TOTAL		
05/01/23		$  2,500,000		5.65%		$	40,000		$	70,625.00		$  180,120.00	
11/01/23		$  2,460,000		5.65%		$	-		$	69,495.00			
05/01/24		$  2,460,000		5.65%		$	45,000		$	69,495.00		$  182,718.75	
11/01/24		$  2,415,000		5.65%		$	-		$	68,223.75			
05/01/25		$  2,415,000		5.65%		$	45,000		$	68,223.75		$  180,176.25	
11/01/25		$  2,370,000		5.65%		$	-		$	66,952.50			
05/01/26		$  2,370,000		5.65%		$	50,000		$	66,952.50		$  182,492.50	
11/01/26		$  2,320,000		5.65%		$	-		$	65,540.00			
05/01/27		$  2,320,000		5.65%		$	50,000		$	65,540.00		$  179,667.50	
11/01/27		$  2,270,000		5.65%		$	-		$	64,127.50			
05/01/28		$  2,270,000		5.65%		$	55,000		$	64,127.50		$  181,701.25	
11/01/28		$  2,215,000		5.65%		$	-		$	62,573.75			
05/01/29		$  2,215,000		5.65%		$	55,000		$	62,573.75		$  178,593.75	
11/01/29		$  2,160,000		5.65%		$	-		$	61,020.00			
05/01/30		$  2,160,000		5.65%		$	60,000		$	61,020.00		$  180,345.00	
11/01/30		$  2,100,000		5.65%		$	-		$	59,325.00			
05/01/31		$  2,100,000		5.65%		$	65,000		$	59,325.00		$  181,813.75	
11/01/31		$  2,035,000		5.65%		$	-		$	57,488.75			
05/01/32		$  2,035,000		5.65%		$	65,000		$	57,488.75		$  178,141.25	
11/01/32		$  1,970,000		5.65%		$	-		$	55,652.50			
05/01/33		$  1,970,000		5.65%		$	70,000		$	55,652.50		$  179,327.50	
11/01/33		$  1,900,000		5.65%		$	-		$	53,675.00			
05/01/34		$  1,900,000		5.65%		$	75,000		$	53,675.00		$  180,231.25	
11/01/34		$  1,825,000		5.65%		$	-		$	51,556.25			
05/01/35		$  1,825,000		5.65%		$	80,000		$	51,556.25		$  180,852.50	
11/01/35		$  1,745,000		5.65%		$	-		$	49,296.25			
05/01/36		$  1,745,000		5.65%		$	85,000		$	49,296.25		$  181,191.25	
11/01/36		$  1,660,000		5.65%		$	-		$	46,895.00			
05/01/37		$  1,660,000		5.65%		$	90,000		$	46,895.00		$  181,247.50	
11/01/37		$  1,570,000		5.65%		$	-		$	44,352.50			
05/01/38		$  1,570,000		5.65%		$	95,000		$	44,352.50		$  181,021.25	
11/01/38		$  1,475,000		5.65%		$	-		$	41,668.75			
05/01/39		$  1,475,000		5.65%		$	100,000		$	41,668.75		$  180,512.50	
11/01/39		$  1,375,000		5.65%		$	-		$	38,843.75			
05/01/40		$  1,375,000		5.65%		$	105,000		$	38,843.75		$  179,721.25	
11/01/40		$  1,270,000		5.65%		$	-		$	35,877.50			
05/01/41		$  1,270,000		5.65%		$	110,000		$	35,877.50		$  178,647.50	
11/01/41		$  1,160,000		5.65%		$	-		$	32,770.00			
05/01/42		$  1,160,000		5.65%		$	120,000		$	32,770.00		$  182,150.00	
11/01/42		$  1,040,000		5.65%		$	-		$	29,380.00			
05/01/43		$  1,040,000		5.65%		$	125,000		$	29,380.00		$  180,228.75	
11/01/43		$	915,000		5.65%		$	-		$	25,848.75			
05/01/44		$	915,000		5.65%		$	130,000		$	25,848.75		$  178,025.00	
11/01/44		$	785,000		5.65%		$	-		$	22,176.25			
05/01/45		$	785,000		5.65%		$	140,000		$	22,176.25		$  180,397.50	
11/01/45		$	645,000		5.65%		$	-		$	18,221.25			
05/01/46		$	645,000		5.65%		$	150,000		$	18,221.25		$  182,205.00	
11/01/46		$	495,000		5.65%				$	13,983.75			
05/01/47		$	495,000		5.65%		$	155,000		$	13,983.75		$  178,588.75	
11/01/47		$	340,000		5.65%				$	9,605.00			
05/01/48		$	340,000		5.65%		$	165,000		$	9,605.00		$  179,548.75	
11/01/48		$	175,000		5.65%				$	4,943.75			
05/01/49		$	175,000		5.65%		$	175,000		$	4,943.75		$  179,943.75	
	Total								$	2,500,000 			$ 2,369,610.00 			$ 4,869,610.00 	

Amelia Concourse
Community Development District										Debt Service Fund
Series 2019B	

 Description			Adopted Budget
	FY 2023			Actual Thru
	2/28/23			Projected Next
	7 Months			Total Projected
	9/30/23			Proposed Budget
	FY 2024		
Revenues											
Special Assessments		$38,500		$0		$38,500		$38,500		$0	
Special Assessments- Prepayments		$0		$338,369		$90,000		$428,369		$0	
Special Assessments- Prepayment Interest		$0		$7,705		$4,177		$11,882		$0	
Interest Income		$100		$2,174		$3,044		$5,218		$0	
Carry Forward Surplus		$41,426		$306,037		$0		$306,037		$0	
  TOTAL REVENUES				$80,026 			$654,286 			$135,721 			$790,007 			$0	
Expenditures											
Series 2019B-1 Interest - 11/1		
$10,369		
$10,369		
$0		
$10,369		
$0	
Principal Prepayment -11/1		$0		$155,000		$0		$155,000		$0	
Principal Prepayment - 2/1		$0		$170,000		$0		$170,000		$0	
Interest Prepayment - 2/1		$0		$2,231		$0		$2,231		$0	
Interest - 5/1		$10,369		$0		$10,369		$10,369		$0	
Principal Prepayment - 5/1		$0		$0		$35,000		$35,000		$0	
Principal Prepayment - 8/1		$0		$0		$70,000		$70,000		$0	

Series 2019B-2 Interest - 11/1		

$8,881		

$10,694		

$0		

$10,694		

$0	
Principal Prepayment - 11/1		$0		$115,000		$0		$115,000		$0	
Principal Prepayment - 2/1		$0		$125,000		$0		$125,000		$0	
Interest Prepayment - 2/1		$0		$2,266		$0		$2,266		$0	
Interest - 5/1		$8,881		$0		$8,881		$8,881		$0	
Principal Prepayment - 5/1		$0		$0		$20,000		$20,000		$0	
Principal Prepayment - 8/1		$0		$0		$55,000		$55,000		$0	
  TOTAL EXPENDITURES				$38,500 			$590,559 			$199,250 			$789,809 			$0	
Other Sources and Uses											
Interfund Transfer		$0		$198		$0		$198		$0	
  TOTAL OTHER SOURCES AND USES				$0 			$198 			$0 			$198 			$0 	
EXCESS REVENUES		$41,526		$63,529		($63,529)		$0		$0	

Amelia Concourse	Amelia Concourse SPE, LLC
Community Development District

		Adopted
Budget		Actual
Thru		Projected
Next		Total
Projected		Proposed
Budget	
 Description			  FY 2023				2/28/23			  7 Months 			9/30/23				FY 2024		
Revenues											
Bondholder Funding		$25,650		$4,735		$20,915		$25,650		$0	
  TOTAL REVENUES				$25,650 			$4,735 			$20,915 			$25,650 			$0 	
Expenditures											
Annual Corporate Fees		$150		$0		$150		$150		$0	
Bank Charges/Other Current		$1,500		$235		$1,265		$1,500		$0	
Contingency/Miscellaneous		$2,500		$0		$2,500		$2,500		$0	
Insurance - Liability		$1,500		$0		$1,500		$1,500		$0	
Management Fees		$20,000		$4,500		$15,500		$20,000		$0	
  TOTAL EXPENDITURES				$25,650 			$4,735 			$20,915 			$25,650 			$0 	
EXCESS REVENUES		$0		$0		$0		$0		$0	

Amelia Concourse
Community Development District	Capital Reserve

	Adopted
Budget		Actual
Thru		Projected
Next		Total
Projected		Proposed
Budget	
 Description	
Revenues:			FY 2023			  2/28/23 		 7 Months 		  9/30/23 		  FY 2024 	

Interest	
$500	
$1,818	
$2,545	
$4,364	
$2,500	
Capital Reserve Funding - Transfer In	$75,000	$0	$75,000	$75,000	$75,000	
Carry Forward Surplus	$97,869	$109,345	$0	$109,345	$134,001	
 Total Revenues				$173,369 		  $111,163 		  $77,545 		  $188,708 		  $211,501 	

Expenditures											
Capital Outlay		$20,000		$0		$20,000		$20,000		$20,000	
Repair and Replacements		$0		$19,707		$15,000		$34,707		$50,000	
 Total Expenditures				$20,000 			$19,707 		  $35,000 			$54,707 			$70,000 	
 Excess Revenues (Expenditures)				$153,369 			$91,456 		  $42,545 		  $134,001 		  $141,501