Amelia Concourse

Community Development District

Approved Budget
FY2025

Presented by:

Table of Contents

1-2

3-6

7-8

9-10

11-12

13

	General Fund

	Narratives

	Debt Service Fund Series 2007

	Debt Service Fund Series 2016

	Debt Service Fund Series 2019A

	Capital Reserve Fund

14		Assessment Schedule

Description

Adopted Budget FY2024

Actuals Thru	Projected Next  Projected Thru

4/30/24

	5 Months	

9/30/24

Approved Budget FY 2025

REVENUES:

Special Assessments - Tax Roll	$  439,044	$	443,941	$	-	$	443,941	$	459,139	
Interest income	5,000	10,768	3,500	14,268	5,000	
Rental Revenue/Miscellaneous Revenue	500	825	-	825	500	
Carry Forward Surplus	-	-	-	-	23,188	
TOTAL REVENUES	$ 444,544	$	455,534	$	3,500	$	459,034	$	487,827	

EXPENDITURES:						
Administrative						
Supervisors	$	6,000	$	2,600	$	3,400	$	6,000	$	6,000	
FICA Expense	459	199	260	459	459	
Travel	300	-	300	300	300	
Engineering	7,500	2,498	5,003	7,500	7,500	
Attorney Fees	30,000	11,522	18,478	30,000	30,000	
Annual Audit	4,350	-	4,350	4,350	4,350	
Dissemination	11,130	6,993	4,138	11,130	11,798	
Assessment Roll Administration	7,950	7,950	-	7,950	8,427	
Property Appraiser	5,000	4,481	-	4,481	5,000	
Trustee Fees	10,000	13,588	-	13,588	13,588	
Arbitrage Rebate	1,800	600	1,200	1,800	1,800	
Management Fees	50,085	29,216	20,869	50,085	51,588	
Information Technology	2,120	1,237	883	2,120	2,247	
Website Maintenance	1,060	618	442	1,060	1,124	
Telephone	500	104	396	500	500	
Postage	1,000	62	938	1,000	1,000	
Insurance General Liability	11,189	10,527	-	10,527	11,580	
Printing & Binding	750	254	496	750	750	
Legal Advertising	2,500	572	1,928	2,500	2,500	
Other Current Charges	1,000	500	500	1,000	1,000	
Office Supplies	100	2	98	100	100	
Dues, Licenses & Subscriptions	175	175	-	175	175	
TOTAL ADMINISTRATIVE	$ 154,968	$	93,697	$	63,677	$	157,374	$	161,785	

Description

Adopted Budget FY2024

Actuals Thru	Projected Next  Projected Thru

4/30/24

	5 Months	

9/30/24

Approved Budget FY 2025

Operations & Maintenance

Contract Services:		
Landscape Maintenance	$	32,988	$	18,850	$	14,138	$	32,988	$	45,000	
Lake Maintenance	7,000	2,208	4,792	7,000	7,000	
Management Company	30,000	16,333	-	16,333	-	
Field Operations Management	-	-	-	-	16,800	

Repairs & Maintenance
Repairs & Maintenance	

$	18,000	

$	8,904	

$	9,096	

$	18,000	

$	18,000	
Irrigation Repairs	4,000	-	4,000	4,000	4,000	
Landscape Contingency	10,000	6,603	3,397	10,000	10,000	

Utilities
Electric	

$	35,000	

$	14,400	

$	20,600	

$	35,000	

$	35,000	
Water & Sewer	19,000	5,941	9,059	15,000	15,000	
TOTAL OPERATIONS & MAINTENANCE	$ 155,988	$	73,239	$	65,082	$	138,321	$	150,800	

Amenity Center						
Insurance	$	21,822	$	19,652	$	-	$	19,652	$	22,207	
Facility Management	-	-	-	-	16,800	
Pool Maintenance	16,000	10,351	5,649	16,000	18,318	
Pool Chemicals	13,000	6,489	6,511	13,000	13,000	
Pool Permits	530	515	15	530	530	
Cable	2,000	649	1,351	2,000	2,200	
Janitorial	6,300	5,390	910	6,300	9,841	
Facility Maintenance	5,000	7,226	6,370	13,596	13,596	
Pest Control	1,000	898	102	1,000	1,000	
Refuse	660	414	395	809	750	
Holiday Decorations	2,000	769	1,231	2,000	2,000	
TOTAL AMENITY CENTER	$  68,312	$	52,355	$	22,532	$	74,887	$	100,242	

Reserves						
Capital Reserve Fund	$	65,276	$	-	$	65,276	$	65,276	$	75,000	
TOTAL RESERVES	$  65,276	$	-	$	65,276	$	65,276	$	75,000	
						
TOTAL EXPENDITURES	$ 444,544	$	219,291	$	216,568	$	435,859	$	487,827	

Other Sources/(Uses)						
Interlocal Transfer In/(Out)	$	-	$	12	$	-	$	12	$	-	
TOTAL OTHER SOURCES/(USES)	$	-	$	12	$	-	$	12	$	-	
						
EXCESS REVENUES (EXPENDITURES)	$	-	$	236,255	$  (213,068)	$	23,188	$	(0)	

REVENUES

Special Assessments-Tax Roll
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.
Interest Income
The District earns interest on the monthly average collected balance for each of their investment accounts.
Rental Revenue/Miscellaneous Revenue
Income received from residents for rental of clubroom or patio and other miscellaneous revenue.

Expenditures - Administrative

Supervisors Fees
Chapter 190 of the Florida Statutes allows for members of the Board of Supervisors to be compensated $200 per meeting in which they attend. The amount for the fiscal year is based upon four supervisors attending an estimated 6 annual meetings.
FICA Taxes
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
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.

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.
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.

Assessment Roll Administration
The District’s assessment roll administration, Governmental Management Services, 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 Bonds.
Property Appraiser
The Nassau County Board of Commissioners provides the District with a listing of the legal description of each property parcel within the District boundaries, and the names and addresses of the owners of such property. The District reimburses the Board of Commissioners for necessary administrative costs incurred to provide this service. Per the Florida Statutes, administrative costs shall include, but not be limited to, those costs associated with personnel, forms, supplies, data processing, computer equipment, postage, and programming. The budget for Board of Commissioners costs was based on a unit price per parcel.

Trustee Fees
The District issued Series 2007, 2016, & 2019A 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 Rebate
The District is required to annually have an arbitrage rebate calculation on the District's Series 2007, 2016, & 2019A Capital Improvement Revenue Bonds.
Management Fees
The District receives Management, Accounting and Administrative services as part of a Management Agreement with Governmental Management Services, LLC. The budgeted amount for the fiscal year is based on the contracted fees outlined in Exhibit "A" of the Management Agreement.

Expenditures - Administrative (continued)

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 and Delivery
Mailing of agenda packages, overnight deliveries, correspondence, etc.
Insurance General Liability
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 and 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 and other public hearings in a newspaper of general circulation.
Other Current Charges
This includes monthly bank charges and any other miscellaneous expenses that incur during the year.
Office Supplies
Supplies used in the preparation and binding of agenda packages, required mailings, and other special projects.
Due, Licenses & Subscriptions
The District is required to pay an annual fee to the Florida Department of Commerce for $175.

Expenditures – Field (Contract Services)

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

Lake Maintenance

Bright View	Landscape Maintenance  $

3,750  $

45,000

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	$

493  $

5,916

Contingency		1,084 

Field Operations Management

Total

$	7,000

The District is contracted with Governmental Management Services, LLC to provide onsite field management of contracts for District Services such as landscape and lake maintenance. Services to include weekly site inspections, meetings with contractors, monitoring of utility accounts, attend Board meetings and receive and respond to property owner phone calls and emails.
Vendor	Description	Monthly	Annual

GMS, LLC	Management Fees	$

1,400  $

16,800

Expenditures – Field (Repairs & Maintenance)

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

Expenditures – Field (Utilities)

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

Location		Meter Number	Monthly	Annual	
85200 Amaryllis Ct		66164-80262	$	731	$	8,773	
85200 Amaryllis Ct St Lights		69397-29510	759	9,109	
95016 Daisy Ln # Entry Light		47823-07021	33	391	
100 Amaryllis Ct		10995-48073	1,242	14,908	
Contingency					1,819 	
	Total			$	35,000	

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

Location		Meter Number	Monthly	Annual	
85190 Amaryllis Ct		67891789	$	342	$	4,107	
85200 Amaryllis Ct		67891709	313	3,760	
85200 Amaryllis Ct - Sewer		67891712	109	1,307	
85200 Amaryllis Ct - Water		67891712	64	767	
Contingency					5,059 	
	Total			$	15,000	
Expenditures – Amenity Center					

Insurance
The District has issued a Property Insurance policy with Florida Insurance Alliance. FIA specializes in providing insurance coverage to governmental agencies.
Facility Management
Represents the cost to staff the Amenity Center, oversee maintenance contracts related to the Amenity Center such as janitorial and pool maintenance, conduct various special events throughout the year, administer rental program, issue access cards to new residents, respond to resident requests, etc.
Vendor	Description	Monthly	Annual	
GMS, LLC	Management Fees	$	1,400  $	16,800	
Pool Maintenance
The District has contracted with GMS, LLC for pool cleaning, water testing, treatment, checking chemicals and back washing of the Amenity Center pool.
Vendor	Description	Monthly	Annual	
GMS, LLC	Pool Maintenance	$	1,527  $	18,318	

Expenditures – Amenity Center (Continued)

Pool Chemicals
The District has contracted with Hawkins Inc. for chemicals needed to maintain Amenity Center pool.
Vendor	Description	Monthly	Annual

Pool Permits

Hawkins Inc.	Pool Chemicals	$

1,083  $

13,000

Represents the estimated cost for pool permits.
Cable
The District has contracted with AT&T for cable and internet services.
Vendor	Description	Monthly	Annual	
AT&T	Cable & Internet	$	165	$	1,980	
	Contingency			220 	
Total			$	2,200	
Janitorial
The District will contract with GMS, LLC to provide janitorial services for the Amenity Center.
Vendor	Description	Monthly	Annual

Facility Maintenance

GMS, LLC	Janitorial Services	$

820  $

9,841

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

Holiday Decorations

Meridian Waste	Refuse

$	63  $

750

The cost to install holiday lights around the CDD.

Expenditures – Reserves

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

Approved Budget
Debt Service Series 2007 Capital Improvement Revenue Bonds

Description

Amended Budget FY2024

Actuals Thru	Projected Next  Projected Thru

4/30/24

	5 Months	

9/30/24

Approved Budget FY 2025

REVENUES:

Special Assessments-On Roll	$	111,295	$	112,536	$	-	$	112,536	$	111,295	
Interest Earnings	500	7,908	3,000	10,908	5,000	
Carry Forward Surplus (1)	93,152	102,142	-	102,142	96,629	
TOTAL REVENUES	$	204,947	$	222,586	$	3,000	$	225,586	$	212,924	

EXPENDITURES:						
Interest - 11/1	$	31,769	$	31,769	$	-	$	31,769	$	29,900	
Interest - 5/1	31,769	-	31,769	31,769	29,900	
Principal - 5/1	50,000	-	50,000	50,000	50,000	
Principal Prepayment - 5/1	-	-	15,000	15,000	-	
TOTAL EXPENDITURES	$	113,538	$	31,769	$	96,769	$	128,538	$	109,800	

Other Sources/(Uses)						

Interfund transfer (Out)	
$	(100)	
$	(327)	
$	-  $	(327)	
$	-	
Interfund transfer In	-	1,044	-	1,044	-	
Property Appraiser	(1,200)	(1,136)	-	(1,136)	1,200	
TOTAL OTHER SOURCES/(USES)	$	(1,300)	$	(419)	$	-  $	(419)	$	1,200	
					
TOTAL EXPENDITURES	$	114,838	$	32,188	$	96,769  $	128,957	$	108,600	
					
EXCESS REVENUES (EXPENDITURES)	$	90,110	$	190,398	$	(93,769)  $	96,629	$	104,324	

(1) Carry Forward is Net of Reserve Requirement

Interest Due 11/1/25

$	28,463

AMORTIZATION SCHEDULE
Debt Service Series 2007 Capital Improvement Revenue Bonds

Period

Outstanding Balance

Coupons

Principal

Interest

Annual Debt Service

11/01/24	$	1,040,000	5.750%	-	$	29,900	29,900	
05/01/25	990,000	5.750%	50,000	29,900		
11/01/25	990,000	5.750%	-	28,463	108,363	
05/01/26	940,000	5.750%	50,000	28,463		
11/01/26	940,000	5.750%	-	27,025	105,488	
05/01/27	885,000	5.750%	55,000	27,025		
11/01/27	885,000	5.750%	-	25,444	107,469	
05/01/28	825,000	5.750%	60,000	25,444		
11/01/28	825,000	5.750%	-	23,719	109,163	
05/01/29	765,000	5.750%	60,000	23,719		
11/01/29	765,000	5.750%	-	21,994	105,713	
05/01/30	700,000	5.750%	65,000	21,994		
11/01/30	700,000	5.750%	-	20,125	107,119	
05/01/31	630,000	5.750%	70,000	20,125		
11/01/31	630,000	5.750%	-	18,113	108,238	
05/01/32	555,000	5.750%	75,000	18,113		
11/01/32	555,000	5.750%	-	15,956	109,069	
05/01/33	475,000	5.750%	80,000	15,956		
11/01/33	475,000	5.750%	-	13,656	109,613	
05/01/34	390,000	5.750%	85,000	13,656		
11/01/34	390,000	5.750%	-	11,213	109,869	
05/01/35	300,000	5.750%	90,000	11,213		
11/01/35	300,000	5.750%	-	8,625	109,838	
05/01/36	205,000	5.750%	95,000	8,625		
11/01/36	205,000	5.750%	-	5,894	109,519	
05/01/37	105,000	5.750%	100,000	5,894		
11/01/37	105,000	5.750%	-	3,019	108,913	
05/01/38	-	5.750%	105,000	3,019		
11/01/38	-	5.750%	-	-	108,019	
Total	$	1,040,000	$	506,288	$	1,546,288	

Approved Budget
Debt Service Series 2016 Capital Improvement Revenue Bonds

Description

Amended Budget FY2024

Actuals Thru	Projected Next  Projected Thru

4/30/24

	5 Months	

9/30/24

Approved Budget FY 2025

REVENUES:

Special Assessments-On Roll	$	146,859	$	148,497	$	-	$	148,497	$	146,859	
Interest Earnings	2,000	6,113	3,500	9,613	5,000	
Carry Forward Surplus (1)	82,502	85,562	-	85,562	89,573	
TOTAL REVENUES	$	231,361	$	240,172	$	3,500	$	243,672	$	241,432	

EXPENDITURES:						
Interest - 11/1	$	53,850	$	53,850	$	-	$	53,850	$	52,500	
Principal Prepayment - 11/1	5,000	5,000	-	5,000	-	
Interest - 5/1	53,700	-	53,700	53,700	52,500	
Principal - 5/1	35,000	-	35,000	35,000	35,000	
Principal Prepayment - 5/1	-	-	5,000	5,000	-	
TOTAL EXPENDITURES	$	147,550	$	58,850	$	93,700	$	152,550	$	140,000	

Other Sources/(Uses)

Interfund transfer (Out)

$	(50) $

-  $	(50) $

(50) $	-

Interfund transfer In	-	-	-	-	-
Property Appraiser	(1,500)	(1,499)	-	(1,499)	(1,500)

EXCESS REVENUES (EXPENDITURES)	$	82,261  $	179,823  $	(90,250)  $	89,573  $	99,932

TOTAL EXPENDITURES	$	149,100  $	60,349  $	93,750  $	154,099  $	141,500

TOTAL OTHER SOURCES/(USES)	$	(1,550)  $	(1,499)  $	(50) $	(1,549)  $	(1,500)

(1) Carry Forward is Net of Reserve Requirement

Interest Due 11/1/25

$	51,450

AMORTIZATION SCHEDULE
Debt Service Series 2016 Capital Improvement Revenue Bonds

Period

Outstanding Balance

Coupons

Principal

Interest

Annual Debt Service

11/01/24	$	1,750,000	6.000%	-	$	52,500	$	52,500	
05/01/25	1,750,000	6.000%	35,000	52,500		
11/01/25	1,715,000	6.000%	-	51,450	138,950	
05/01/26	1,715,000	6.000%	40,000	51,450		
11/01/26	1,675,000	6.000%	-	50,250	141,700	
05/01/27	1,675,000	6.000%	40,000	50,250		
11/01/27	1,635,000	6.000%	-	49,050	139,300	
05/01/28	1,635,000	6.000%	45,000	49,050		
11/01/28	1,590,000	6.000%	-	47,700	141,750	
05/01/29	1,590,000	6.000%	45,000	47,700		
11/01/29	1,545,000	6.000%	-	46,350	139,050	
05/01/30	1,545,000	6.000%	50,000	46,350		
11/01/30	1,495,000	6.000%	-	44,850	141,200	
05/01/31	1,495,000	6.000%	50,000	44,850		
11/01/31	1,445,000	6.000%	-	43,350	138,200	
05/01/32	1,445,000	6.000%	55,000	43,350		
11/01/32	1,390,000	6.000%	-	41,700	140,050	
05/01/33	1,390,000	6.000%	60,000	41,700		
11/01/33	1,330,000	6.000%	-	39,900	141,600	
05/01/34	1,330,000	6.000%	65,000	39,900		
11/01/34	1,265,000	6.000%	-	37,950	142,850	
05/01/35	1,265,000	6.000%	65,000	37,950		
11/01/35	1,200,000	6.000%	-	36,000	138,950	
05/01/36	1,200,000	6.000%	70,000	36,000		
11/01/36	1,130,000	6.000%	-	33,900	139,900	
05/01/37	1,130,000	6.000%	75,000	33,900		
11/01/37	1,055,000	6.000%	-	31,650	140,550	
05/01/38	1,055,000	6.000%	80,000	31,650		
11/01/38	975,000	6.000%	-	29,250	140,900	
05/01/39	975,000	6.000%	85,000	29,250		
11/01/39	890,000	6.000%	-	26,700	140,950	
05/01/40	890,000	6.000%	90,000	26,700		
11/01/40	800,000	6.000%	-	24,000	140,700	
05/01/41	800,000	6.000%	95,000	24,000		
11/01/41	705,000	6.000%	-	21,150	140,150	
05/01/42	705,000	6.000%	100,000	21,150		
11/01/42	605,000	6.000%	-	18,150	139,300	
05/01/43	605,000	6.000%	105,000	18,150		
11/01/43	500,000	6.000%	-	15,000	138,150	
05/01/44	500,000	6.000%	115,000	15,000		
11/01/44	385,000	6.000%	-	11,550	141,550	
05/01/45	385,000	6.000%	120,000	11,550		
11/01/45	265,000	6.000%	-	7,950	139,500	
05/01/46	265,000	6.000%	130,000	7,950		
11/01/46	135,000	6.000%	-	4,050	142,000	
05/01/47	135,000	6.000%	135,000	4,050	139,050	
Total	$	1,750,000	$	1,528,800	$	3,278,800	

Approved Budget
Debt Service Series 2019A Capital Improvement Revenue Bonds

Description

Amended Budget FY2024

Actuals Thru	Projected Next  Projected Thru

4/30/24

	5 Months	

9/30/24

Approved Budget FY 2025

REVENUES:

Special Assessments-On Roll	$	179,916	$	181,922	$	(2,006)	$	179,916	$	179,916	
Interest Earnings	2,500	7,016	3,000	10,016	5,000	
Carry Forward Surplus (1)	77,058	75,223	-	75,223	73,772	
TOTAL REVENUES	$  259,474	$	264,161	$	994	$	265,155	$  258,688	

EXPENDITURES:						
Interest - 11/1	$	67,941	$	67,941	$	-	$	67,941	$	66,529	
Principal Prepayment - 11/1	5,000	5,000	-	5,000	-	
Interest - 5/1	67,800	-	67,659	67,659	66,529	
Principal - 5/1	40,000	-	40,000	40,000	45,000	
Principal Prepayment - 5/1	-	-	5,000	5,000	-	
TOTAL EXPENDITURES	$  180,741	$	72,941	$	112,659	$	185,600	$  178,058	

Other Sources/(Uses)						

Interfund transfer (Out)	
$	(1,700)	
$	(3,947)	
$	-  $	(3,947)	
$	-	
Interfund transfer In	-	-	-	-	-	
Property Appraiser	(1,900)	(1,836)	-	(1,836)	(1,900)	
TOTAL OTHER SOURCES/(USES)	$	(3,600)	$	(5,783)	$	-  $	(5,783)	$	(1,900)	
					
TOTAL EXPENDITURES	$  184,341	$	78,724	$	112,659  $	191,383	$  179,958	
					
EXCESS REVENUES (EXPENDITURES)	$	75,133	$	185,437	$  (111,665)  $	73,772	$	78,731	

(1) Carry Forward is Net of Reserve Requirement

Interest Due 11/1/25

$	65,258

AMORTIZATION SCHEDULE
Debt Service Series 2019A Capital Improvement Revenue Bonds

Period

Outstanding Balance

Coupons

Principal

Interest

Annual Debt Service

11/01/24	$	2,315,000	5.650%	-	$	66,529	$	66,529	
05/01/25	2,315,000	5.650%	45,000	66,529		
11/01/25	2,270,000	5.650%	-	65,258	176,786	
05/01/26	2,270,000	5.650%	45,000	65,258		
11/01/26	2,225,000	5.650%	-	63,986	174,244	
05/01/27	2,225,000	5.650%	50,000	63,986		
11/01/27	2,175,000	5.650%	-	62,574	176,560	
05/01/28	2,175,000	5.650%	55,000	62,574		
11/01/28	2,120,000	5.650%		61,020	178,594	
05/01/29	2,120,000	5.650%	55,000	61,020		
11/01/29	2,065,000	5.650%	-	59,466	175,486	
05/01/30	2,065,000	5.650%	60,000	59,466		
11/01/30	2,005,000	5.650%	-	57,771	177,238	
05/01/31	2,005,000	5.650%	60,000	57,771		
11/01/31	1,945,000	5.650%	-	56,076	173,848	
05/01/32	1,945,000	5.650%	65,000	56,076		
11/01/32	1,880,000	5.650%	-	54,240	175,316	
05/01/33	1,880,000	5.650%	70,000	54,240		
11/01/33	1,810,000	5.650%	-	52,263	176,503	
05/01/34	1,810,000	5.650%	75,000	52,263		
11/01/34	1,735,000	5.650%	-	50,144	177,406	
05/01/35	1,735,000	5.650%	80,000	50,144		
11/01/35	1,655,000	5.650%	-	47,884	178,028	
05/01/36	1,655,000	5.650%	80,000	47,884		
11/01/36	1,575,000	5.650%	-	45,624	173,508	
05/01/37	1,575,000	5.650%	85,000	45,624		
11/01/37	1,490,000	5.650%	-	43,223	173,846	
05/01/38	1,490,000	5.650%	90,000	43,223		
11/01/38	1,400,000	5.650%	-	40,680	173,903	
05/01/39	1,400,000	5.650%	95,000	40,680		
11/01/39	1,305,000	5.650%	-	37,996	173,676	
05/01/40	1,305,000	5.650%	105,000	37,996		
11/01/40	1,200,000	5.650%	-	35,030	178,026	
05/01/41	1,200,000	5.650%	110,000	35,030		
11/01/41	1,090,000	5.650%	-	31,923	176,953	
05/01/42	1,090,000	5.650%	115,000	31,923		
11/01/42	975,000	5.650%	-	28,674	175,596	
05/01/43	975,000	5.650%	120,000	28,674		
11/01/43	855,000	5.650%	-	25,284	173,958	
05/01/44	855,000	5.650%	130,000	25,284		
11/01/44	725,000	5.650%	-	21,611	176,895	
05/01/45	725,000	5.650%	135,000	21,611		
11/01/45	590,000	5.650%	-	17,798	174,409	
05/01/46	590,000	5.650%	145,000	17,798		
11/01/46	445,000	5.650%		13,701	176,499	
05/01/47	445,000	5.650%	155,000	13,701		
11/01/47	290,000	5.650%		9,323	178,024	
05/01/48	290,000	5.650%	160,000	9,323		
11/01/48	130,000	5.650%		4,803	174,125	
05/01/49	130,000	5.650%	170,000	4,803	174,803	
Total	$	2,355,000	$	2,105,755	$	4,460,755	

Proposed Budget Capital Reserve Fund

Description

Adopted Budget FY2024

Actuals Thru	Projected Next  Projected Thru

4/30/24

	5 Months	

9/30/24

Approved Budget FY 2025

REVENUES:

Interest Income

$	2,500  $

5,419  $

2,000  $

7,419  $

5,000

Capital Reserve Funding - Transfer In	65,276	-	65,276	65,276	75,000
Carry Forward Balance	133,830	166,066	-	166,066	203,761

TOTAL REVENUES

$	201,606  $	171,485  $	67,276  $	238,761  $	283,761

EXPENDITURES:

Capital Outlay

$	20,000  $

-  $	10,000  $

10,000  $

20,000

Repair and Replacements	50,000	-	25,000	25,000	50,000

TOTAL EXPENDITURES

$	70,000  $

-  $	35,000  $	35,000  $	70,000

Other Sources/(Uses)

Transfer in/(Out)

$	-  $

-  $	-  $	-  $	-

TOTAL OTHER SOURCES/(USES)

$

-  $

-  $

-  $

-  $

-

TOTAL EXPENDITURES

$	70,000  $

-  $	35,000  $	35,000  $	70,000

EXCESS REVENUES (EXPENDITURES)

$	131,606  $	171,485  $	32,276  $	203,761  $	213,761

Amelia Concourse
Community Development District
Non-Ad Valorem Assessments Comparison 2024-2025

Neighborhoo d	O&M Units	Bonds 2007
Units	Bonds 2016
Units	Bonds 2019A
Units	
Annual Maintenance Assessments	
Annual Debt Assessments	
	
FY 2025	
FY2024	Increase/ (decrease)	Increase/ (decrease)	
FY 2025	
FY2024	Increase/ (decrease)	
					
Series 2007 Series 2016	Series 2019A	
Series 2007	
Series 2016	Series 2019A	
Total	

SF	

458	

82	

10	

141	

$1,077.94	

$1,030.77	

$47.17	

4.58%	

$1,212.47	

$1,729.57	

$1,329.10	

$1,212.47	

$1,729.57	

$1,329.10	

$0.00	
SF-payoffs	0	1	28	1	$0.00	$0.00	$0.00	0.00%	$571.74	$1,334.41	$1,251.60	$571.74	$1,334.41	$1,251.60	$0.00	
SF-payoffs	0	2	40	1	$0.00	$0.00	$0.00	0.00%	$748.10	$1,329.03	$1,028.75	$748.10	$1,329.03	$1,028.75	$0.00	
SF-payoffs	0	24	33	1	$0.00	$0.00	$0.00	0.00%	$757.58	$1,324.66	$948.20	$757.58	$1,324.66	$948.20	$0.00	
SF-payoffs	0	0	3	3	$0.00	$0.00	$0.00	0.00%	$0.00	$1,200.00	$942.18	$0.00	$1,200.00	$942.18	$0.00	
SF-payoffs	0	0	1	0	$0.00	$0.00	$0.00	0.00%	$0.00	$103.74	$0.00	$0.00	$103.74	$0.00	$0.00	
SF-payoffs	0	0	1	0	$0.00	$0.00	$0.00	0.00%	$0.00	$795.60	$0.00	$0.00	$795.60	$0.00	$0.00	
SF-payoffs	0	0	1	0	$0.00	$0.00	$0.00	0.00%	$0.00	$818.89	$0.00	$0.00	$818.89	$0.00	$0.00	
SF-payoffs	0	0	1	0	$0.00	$0.00	$0.00	0.00%	$0.00	$1,060.69	$0.00	$0.00	$1,060.69	$0.00	$0.00	
Total	458	109	118	147