RESOLUTION 2026-02

A RESOLUTION OF THE BOARD OF SUPERVISORS OF AMELIA CONCOURSE COMMUNITY DEVELOPMENT DISTRICT AMENDING THE FISCAL YEAR 2025 BUDGET; AND PROVIDING FOR CONFLICTS, SEVERABILITY, AND AN EFFECTIVE DATE.
WHEREAS, the Amelia Concourse Community Development District (“District”) is a local unit of special-purpose government created and existing pursuant to Chapter 190, Florida Statutes, located in Nassau County, Florida; and

WHEREAS, the Board of Supervisors of the District (“Board”) previously adopted a budget (“Budget”) for the fiscal year beginning October 1, 2024, and ending September 30, 2025 (“Fiscal Year 2025”); and

WHEREAS, the Board desires to amend the Fiscal Year 2025 Budget to reflect changes to budgeted revenues and expenses approved during Fiscal Year 2025; and
WHEREAS, pursuant to Chapters 189 and 190, Florida Statutes, the Board is authorized to amend the Fiscal Year 2025 Budget within sixty (60) days following the end of Fiscal Year 2025; and

WHEREAS, the Board finds that it is in the best interest of the District and its landowners to amend the Fiscal Year 2025 Budget to reflect the actual appropriations.

NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF SUPERVISORS OF AMELIA CONCOURSE COMMUNITY DEVELOPMENT DISTRICT:
SECTION 1. BUDGET AMENDMENT.
The Board has reviewed the proposed amended Budget, copies of which are on file with the office of the District Manager and at the District’s Records Office, and hereby approves certain amendments thereto, as shown in Section 2 below.

The amended Budget attached hereto as Exhibit A and incorporated herein by reference as further amended by the Board is hereby adopted in accordance with the provisions of sections 190.008(2)(a) and 189.016(6), Florida Statutes; provided, however, that the comparative figures contained in the amended Budget as adopted by the Board (together, “Adopted Annual Budget”) may be further revised as deemed necessary by the District Manager to further reflect actual revenues and expenditures for Fiscal Year 2025.

The Adopted Annual Budget shall be maintained in the office of the District Manager and the District Records Office and identified as “The Adopted Budget for Amelia Concourse Community Development District for the Fiscal Year Ending September 30, 2025, as amended and adopted by the Board of Supervisors effective November 18, 2025.”

SECTION 2. APPROPRIATIONS. There is hereby appropriated out of the revenues of the District, the fiscal year beginning October 1, 2024, and ending September 30, 2025, the sums set forth below, to be raised by special assessments or otherwise, which sums are deemed by the Board to be necessary to defray all expenditures of the District during said budget year, to be divided and appropriated in the following fashion:

GENERAL FUND	$ 493,267	
DEBT SERVICE FUND – SERIES 2007	$ 249,764	
DEBT SERVICE FUND – SERIES 2016	$ 249,780	
DEBT SERVICE FUND SERIES 2019A	$ 264,594	
CAPITAL RESERVE FUND	$ 389,218	
ALL FUNDS	$ 1,646,623	

SECTION 3. CONFLICTS. All District resolutions or parts thereof in actual conflict with this Resolution are, to the extent of such conflict, superseded and repealed.

SECTION 4. SEVERABILITY. The invalidity or unenforceability of any one or more provisions of this Resolution shall not affect the validity or enforceability of the remaining portions of this Resolution, or any part thereof.

SECTION 5. EFFECTIVE DATE. This Resolution shall take effect upon adoption.

PASSED AND ADOPTED this 18th day of November 2025.

ATTEST:	AMELIA CONCOURSE COMMUNITY DEVELOPMENT DISTRICT

Secretary/Assistant Secretary	Chairperson, Board of Supervisors

Exhibit A:	Amended Fiscal Year 2025 Budget

EXHIBIT A
Amended Fiscal Year 2025 Budget

Description	Adopted FY 25 Budget	Increase/	Amended FY 25 (Decrease)		Budget	Actual 9/30/25	
Revenues				
Special Assessments - Tax Roll	$	459,139	$	8,669	$	467,807	$	467,807	
Interest Income	5,000	19,189	24,189	24,189	
Other Income	500	770	1,270	1,270	
Total Revenues	$	464,639	$	28,628	$	493,267	$	493,267	
Expenditures				
General & Administrative:				
Supervisors	$	6,000	$	-	$	6,000	$	4,200	
FICA Expense	459	-	459	321	
Travel	300	-	300	-	
Engineering	7,500	5,000	12,500	10,249	
Attorney Fees	30,000	-	30,000	22,577	
Annual Audit	4,350	200	4,550	4,550	
Dissemination	11,798	300	12,098	12,098	
Assessment Roll	8,427	-	8,427	8,427	
Property Appraiser	5,000	-	5,000	4,640	
Trustee Fees	13,588	1,228	14,816	14,816	
Arbitrage	1,800	-	1,800	1,200	
Management Fees	51,588	-	51,588	51,588	
Information Technology	2,247	-	2,247	2,247	
Website Maintenance	1,124	-	1,124	1,124	
Telephone	500	-	500	242	
Postage	1,000	-	1,000	460	
Insurance	11,580	(316)	11,264	11,264	
Printing and Binding	750	249	999	999	
Legal Advertising	2,500	-	2,500	1,132	
Other Current Charges	1,000	-	1,000	889	
Office Supplies	100	-	100	4	
Dues, Licenses & Subscriptions	175	-	175	175	
Total General & Administrative	$	161,785	$	6,661	$	168,446	$	153,201	
Operations & Maintenance				
Field:				
Contract Services: Landscape Maintenance	
$	45,000	
$	-	$	45,000	
$	38,188	
Lake Maintenance	7,000	-	7,000	4,416	
Field Operations Management

Repairs & Maintenance:	16,800	-	16,800
-	-	16,800	
Repairs & Maintenance	18,000	-	18,000	15,597	
Irrigation Repairs	4,000	-	4,000	1,879	
Landscape Contingency	10,000	4,704	14,704	14,704	
Utilities:	
Electric	35,000	-	35,000	32,842	
Water & Sewer	15,000	2,976	17,977	17,977	
Total Field	$	150,800	$	7,681	$	158,481	$	142,403	

Description	Adopted FY 25 Budget	Increase/ (Decrease)	Amended FY 25 Budget	Actual 9/30/25	
Amenity Center:					
Insurance	$	22,207	$	(1,965)	$	20,242	$	20,242	
Facility Management	16,800	-	16,800	16,800	
Pool Maintenance	18,318	-	18,318	18,318	
Pool Chemicals	13,000	3,873	16,873	16,873	
Pool Permits	530	-	530	515	
Cable	2,200	-	2,200	1,993	
Janitorial	9,841	-	9,841	9,841	
Facility Maintenance	13,596	-	13,596	9,290	
Pest Control	1,000	323	1,323	1,323	
Refuse	750	9	759	759	
Holiday Decorations	2,000	-	2,000	-	
Reserves:	
Capital Reserve Funding	75,000	-	75,000	75,000	
Total Amenity Center	$	175,242	$	2,240	$	177,481	$	170,953	
					
Total Expenses	$	487,827	$	16,581	$	504,408	$	466,558	
					
Excess Revenues (Expenditures)	$	(23,188)	$	12,047	$	(11,141)	$	26,709	
					
Fund Balance - Beginning	$	23,188	$	(12,047)	$	11,141	$	480,114	

Fund Balance - Ending	
$	-	
$	-	
$	-	
$	506,823