Narcoossee
Community Development District
Adopted Budget FY 2022

Table of Contents

1-2

3-10

11

12

13

14

15

16

17

18

19

 	General Fund

 	General Fund Narrative

 	O&M Assessment Allocation Chart

 	Debt Service Fund

 	Amortization Schedule - Series 2013 A-1

 	Amortization Schedule - Series 2013 A-2

 	Debt Service Assessment Allocation Chart

 	Capital Reserve Fund - Nona Preserve

 	Capital Reserve Fund - Parcels G&H

 	Capital Reserve Fund - Nona Crest

 	Capital Reserve Fund - La Vina

Adopted
Budget	Actual
thru	Projected
Next	Total
Projected	Adopted
Budget	
Description	FY2021	6/30/21	3 Months	9/30/21	FY2022	

Revenues		
Maintenance Assessments	$315,353	$287,792	$27,561	$315,353	$315,353	
Interest	$0	$4	$1	$5	$0	
Beginning Fund Balance *	$62,499	$73,676	$0	$73,676	$32,846	
Total Revenues	$377,851	$361,471	$27,562	$389,033	$348,200	

Expenditures						
Administrative
Supervisor Fees	
$6,000	
$3,000	
$2,000	
$5,000	
$6,000	
FICA Expense	$459	$230	$153	$383	$459	
Engineering Fees	$10,000	$7,123	$2,374	$9,497	$7,800	
Assessment Roll	$5,000	$5,000	$0	$5,000	$5,000	
Attorney	$12,000	$4,825	$6,059	$10,884	$12,000	
Annual Audit	$5,000	$2,895	$0	$2,895	$2,895	
Dissemination Agent	$1,250	$938	$312	$1,250	$1,250	
Arbitrage	$600	$600	$0	$600	$600	
Trustee Fees	$3,000	$0	$2,963	$2,963	$3,000	
Management Fees	$45,603	$34,202	$11,401	$45,603	$46,971	
Information Technology	$1,000	$1,000	$0	$1,000	$1,200	
Website Maintenance	$1,000	$520	$480	$1,000	$1,200	
Telephone	$50	$0	$20	$20	$25	
Postage	$450	$157	$52	$210	$450	
Insurance	$22,264	$22,582	$0	$22,582	$24,840	
Printing & Binding	$750	$32	$88	$120	$200	
Legal Advertising	$1,900	$415	$808	$1,223	$1,900	
Other Current Charges	$500	$1,225	$408	$1,633	$2,000	
Property Appraiser	$780	$773	$0	$773	$780	
Office Supplies	$100	$2	$20	$22	$50	
Dues, Licenses & Subscriptions	$175	$175	$0	$175	$175	
Contingency	$1,188	$0	$0	$0	$274	
Administrative Expenses	$119,069	$85,692	$27,140	$112,832	$119,069	

Adopted
Budget	Actual
thru	Projected
Next	Total
Projected	Adopted
Budget	
Description	FY2021	6/30/21	3 Months	9/30/21	FY2022	
Maintenance						
NonaCrest						
Field Management	$4,289	$3,217	$1,072	$4,289	$4,289	
Landscape Maintenance	$26,053	$15,330	$5,110	$20,440	$26,053	
Irrigation Repairs	$3,500	$6,190	$1,000	$7,190	$3,500	
Lake Maintenance	$4,350	$2,784	$1,392	$4,176	$4,350	
Wall Repairs/Cleaning	$2,500	$365	$250	$615	$2,500	
Feature Lighting	$1,000	$0	$749	$749	$1,000	
Miscellaneous Common Area	$1,224	$4,285	$0	$4,285	$1,224	
Total NonaCrest	$42,916	$32,171	$9,573	$41,744	$42,916	

La Vina						
Field Management	$10,661	$7,996	$2,665	$10,661	$10,981	
Landscape Maintenance	$38,762	$26,883	$8,961	$35,844	$38,762	
Irrigation Repairs	$4,000	$7,678	$2,559	$10,238	$10,500	
Lake Maintenance	$4,573	$2,950	$1,106	$4,056	$4,573	
Utilities	$8,340	$4,795	$1,598	$6,394	$8,340	
Wall Repairs/Cleaning	$5,500	$720	$0	$720	$3,000	
Solvino Streetlighting	$2,710	$2,046	$684	$2,730	$2,710	
Capri Streetlighting	$3,850	$2,909	$973	$3,882	$3,850	
Miscellaneous Common Area	$15,011	$1,250	$225	$1,475	$10,691	
Total La Vina	$93,406	$57,228	$18,772	$75,999	$93,406	

Nona Preserve						
Field Management	$4,597	$3,448	$1,149	$4,597	$4,735	
Landscape Maintenance	$30,282	$22,050	$7,350	$29,400	$29,400	
Irrigation Repairs	$2,780	$6,090	$1,500	$7,590	$3,480	
Lake Maintenance	$4,200	$2,800	$1,400	$4,200	$4,200	
Miscellaneous Common Area	$14	$250	$0	$250	$58	
Total Nona Preserve	$41,873	$34,637	$11,399	$46,037	$41,873	

Parcels G & H						
Field Management	$2,746	$2,059	$686	$2,746	$2,828	
Landscape Maintenance	$13,716	$9,567	$3,189	$12,756	$13,687	
Lake Maintenance	$1,628	$1,050	$525	$1,575	$1,575	
Total Parcels G & H	$18,090	$12,676	$4,400	$17,077	$18,090	
						
Maintenance Expenses	$196,283	$136,712	$44,145	$180,857	$196,284	

Transfer Out to Capital Reserves	
$62,498	
$0	
$62,498	
$62,498	
$32,846	
Total Expenses	$377,850	$222,405	$133,782	$356,187	$348,200	

Excess Revenues *	
($0)	
$139,067	
($106,220)	
$32,846	
($0)	

* - Reduced for First Quarter Operating	Net Assessments	
$315,353	
Add: Discounts & Collections	$20,129	
Gross Assessments	$335,482	

REVENUES:
Maintenance Assessments
The District will levy a non-ad valorem special assessment on all taxable property within the District, to fund all General Operating and Maintenance Expenditures for the fiscal year.

Beginning Fund Balance
Represents the total funds estimated to be available at the beginning of the fiscal year.

EXPENDITURES:

Administrative:

Supervisor Fees
The Florida Statutes allows each board member to receive $200 per meeting not to exceed $4,800 in one year. The amount is based upon 5 Supervisors attending 6 Board Meetings during the fiscal year.

FICA Expense
Represents the Employer's share of Social Security and Medicare taxes withheld from Board of Supervisors checks.

Engineering Fees
The District’s engineer, Dewberry, will be providing general engineering services to the District, i.e., attendance and preparation for monthly Board meetings, review invoices, etc.

Assessment Roll
Expenses related to administering the annual assessments on the tax roll with the Orange County Tax Collector.

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, agreements, resolutions, etc.

Annual Audit
The District is required annually to conduct an audit of its financial records by an Independent Certified Public Accounting Firm
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 District has contracted with Governmental Management Services – Central Florida LLC, the District’s bond underwriter, to provide this service.

Arbitrage
The District is required to annually have an arbitrage rebate calculation on the District’s Series 2013A-1 & 2013 A-2 Special Assessment Revenue Bonds. The District hired Grau & Associates to calculate the rebate liability and submit a report to the District.

Trustee Fees
The District issued Series 2013A-1 & 2013A-2 Special Assessment Refunding 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.

Management Fees
The District receives Management, Accounting and Administrative services as part of a Management Agreement with Governmental Management Services – Central Florida, LLC. These services include, but are not limited to, advertising, recording and transcribing of Board Meetings, administrative services, budget preparation, financial reporting, and assisting with annual audits.

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
Telephone and fax machine.

Postage
Mailing of agenda packages, overnight deliveries, checks for vendors and any other required correspondence, etc.

Insurance
The District’s general liability, public officials liability and property insurance coverages is provided by Florida Insurance Alliance (FIA). FIA specializes in providing insurance coverage to governmental agencies.

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, and any services that are required to be advertised for public bidding, i.e. audit services, engineering service, maintenance contracts and any other advertising that may be required.

Other Current Charges
Includes bank charges and any other miscellaneous expenses that are incurred during the year.

Property Appraiser
Represent the Fiscal Year 18 fees to be paid to the Orange County Property Appraiser for annual assessment roll administration.

Office Supplies
The District incurs charges for supplies that need to be purchased during the fiscal year, including copier and printer toner cartridges, paper, file folders, binders, pens, paper clips, and other such office supplies.

Dues, Licenses & Subscriptions
The District is required to pay an annual fee to the Department of Economic Opportunity for $175. This is the only expense under this category for the District.

Contingency
Represents any other miscellaneous charges that the District may incur.

Maintenance:

NonaCrest

Field Management
The District currently has a contract with Governmental Management Services
– Central Florida, LLC. to provide field management services.

Landscape Maintenance
The District currently has a contract with Down to Earth, Inc. to provide Landscape Maintenance. These services include mowing, edging, blowing, applying pest and disease control chemicals to sod, mulching once per year, applying fertilizer, and planting annuals.

Vendor: Down To Earth, Inc.	Annual Costs
Landscape Maintenance: Contract Cost of $1,754 monthly	$21,053
Replacement Plants	$5,000
Total Costs	$26,053

Irrigation Repairs
Irrigation maintenance expenditures that may occur during the fiscal year.

Lake Maintenance
The District currently has a contract with Applied Aquatic Management, Inc., which provide Lake Maintenance to all the lakes inside Narcoossee CDD. These services include monthly inspections and treatment of aquatic weeds and algae, herbiciding, and algae control and removal.

Vendor: Applied Aquatic Management, Inc.	Annual Costs
Landscape Maintenance: Contract Cost of $358 monthly	$4,301
Contingency	$49
Total Costs	$4,350

Wall Repair/Cleaning
The District will incur expenditures to maintain the wall. Includes cleaning and landscaping.

Feature Lighting
Replacement and repair of up light fixtures.

Miscellaneous Common Area
Miscellaneous common area maintenance expenditures that may occur during the fiscal year.

LaVina

Field Management
The District currently has a contract with Governmental Management Services
– Central Florida, LLC. to provide field management services.

Landscape Maintenance
The District currently has a contract with Down to Earth, Inc. to provide Landscape Maintenance. These services include mowing, edging, blowing, applying pest and disease control chemicals to sod, mulching once per year, applying fertilizer, and planting annuals.
Vendor: Down To Earth, Inc.	Annual Costs
Landscape Maintenance: Contract Cost of $3,076 monthly	$36,918
Replacement Plants	$1,844
Total Costs	$38,762

Irrigation Repairs
Irrigation maintenance expenditures that may occur during the fiscal year.

Lake Maintenance
The District currently has a contract with Applied Aquatic Management, Inc., which provide Lake Maintenance to all the lakes inside Narcoossee CDD. These services include monthly inspections and treatment of aquatic weeds and algae, herbiciding, and algae control and removal. The amount also includes unscheduled maintenance.
Vendor: Applied Aquatic Management, Inc.	Annual Costs
Lake Maintenance: Contract Cost of $380 month	$4,553
Contingency	$20
Total Costs	$4,573

Utilities
The	District	has	electrical	and	water	accounts	with	Orlando	Utilities Commission for the areas maintained by the District.

Vendor: Orlando Utilities Commission	Annual Costs
Reclaimed Water - $680/month	$8,160
Electric - $15/month	$180
Total Costs	$8,340

Wall Repairs/Cleaning
Funding for cleaning or needed repairs of La Vina District wall.

Solvino Streetlighting
The District funds the streetlights within the Solvino community.

Vendor: Orlando Utilities Commission	Annual Costs
Electric - $225/month	$2,710

Capri Streetlighting
The District funds the streetlights within the Capri community.

Vendor: Orlando Utilities Commission	Annual Costs
Electric - $320/month	$3,850

Miscellaneous Common Area Maintenance
Miscellaneous common area maintenance expenditures that may occur during the fiscal year.

Nona Preserve

Field Management
The District currently has a contract with Governmental Management Services
– Central Florida, LLC. to provide field management services.

Landscape Maintenance
The District currently has a contract with Down to Earth, Inc. to provide Landscape Maintenance. These services include mowing, edging, blowing, applying pest and disease control chemicals to sod, mulching once per year, applying fertilizer, and planting annuals.

Vendor: Down To Earth, Inc.	Annual Costs
o	Landscape Maintenance: Contract Cost of $2,450 monthly	$29,400

Irrigation Repairs
Irrigation maintenance expenditures that may occur during the fiscal year.

Lake Maintenance
These services include monthly inspections and treatment of aquatic weeds and algae, herbiciding, and algae control and removal.

Vendor: Applied Aquatic Management, Inc.	Annual Costs
o	Lake Maintenance: Contract Cost of $350 monthly	$4,200

Miscellaneous Common Area Maintenance
Miscellaneous common area maintenance expenditures that may occur during the fiscal year.

Parcel G & H

Field Management
The District currently has a contract with Governmental Management Services
– Central Florida, LLC. to provide field management services.

Landscape Maintenance
These services include mowing, edging, blowing, applying pest and disease control chemicals to sod, mulching once per year, applying fertilizer, and planting annuals.)

Vendor: Down To Earth, Inc.	Annual Costs
o	Landscape Maintenance: Contract Cost of $1,141 monthly	$13,687

Lake Maintenance
These services include monthly inspections and treatment of aquatic weeds and algae, herbiciding, and algae control and removal.

Vendor: Applied Aquatic Management, Inc.	Annual Costs
Landscape Maintenance: Contract Cost of $131 monthly	$1,575

Transfer Out – Capital Reserve Fund
Represents projected excess funds above operating capital requirements in the General Fund.

Narcoossee
Community Development District Maintenance Assessment Calculation Fiscal Year 2022

Subdivision	

Track		

Units	
Annual Gross Maintenance Per Unit FY20	
Proposed Gross Maintenance Per Unit FY21	
Street Lighting Supplement Assessment	Total Proposed Gross Maintenance Per Unit FY21	

Increase (Decrease)	

O&M	

NonaCrest	

C	

SF50	

159	

$276.94	

$276.94	

N/A	

$276.94	

$0.00	

$44,034	
	D	SF70	 	110		$276.94	$276.94	N/A	$276.94	$0.00	$30,464	

LaVina
Mirabella	

A	

SF50	269

107	

$473.15	

$473.15	

N/A	

$473.15	

$0.00	

$50,627	
Ziani	B	SF75	66	$473.15	$473.15	N/A	$473.15	$0.00	$31,228	
Capri	E	SF50	48	$558.17	$473.15	$85.02	$558.17	$0.00	$26,805	
Solvino	F	SF50	 	50		$530.60	$473.15	$57.45	$530.60	$0.00	$26,543	
			271							
Lake Nona Preserve	K	Multi	228	$254.88	$254.88	N/A	$254.88	$0.00	$58,113	
	G	Comm/Office	130704	$0.16	$0.16	N/A	$0.16	$0.00	$20,977	
	G	Multi Family	370	$95.10	$95.10	N/A	$95.10	$0.00	$35,188	
	H	Comm/Office	69000	$0.17	$0.17	N/A	$0.17	($0.00)	$11,504	
Total Gross Assessments									$335,482	

Narcoossee
Community Development District
Debt Service Fund Fiscal Year 2022

	Adopted Budget	Actual thru	Projected Next	Total Projected	Adopted Budget	
Description	FY2021	6/30/21	3 Months	9/30/21	FY2022	

Revenues						
Assessments - Tax Roll	$317,131	$289,851	$27,280	$317,131	$317,131	
Interest Income	$1,000	$16	$0	$16	$100	
Carry Forward Surplus	$193,916	$203,019	$0	$203,019	$211,305	
Total Revenues	$512,047	$492,886	$27,280	$520,166	$528,536	
Expenditures						
Series 2013A-1						
Interest - 11/1	$41,178	$41,178	$0	$41,178	$	39,146	
Principal - 5/1	$125,000	$125,000	$0	$125,000	$	130,000	
Interest - 5/1	$41,178	$41,178	$0	$41,178	$	39,146	
Series 2013A-2						
Interest - 11/1	$25,753	$25,753	$0	$25,753	$	24,472	
Principal - 5/1	$50,000	$50,000	$0	$50,000	$	55,000	
Interest - 5/1	$25,753	$25,753	$0	$25,753	$	24,472	
Total Expenditures	$308,861	$308,861	$0	$308,861	$312,236	
						
Excess Revenues	$203,186	$184,025	$27,280	$211,305	$216,300	
			
Series 2013A-1	
Nov 1, 2022	
$ 36,871.25	
			Series 2013A-2	Nov 1, 2022	  $  23,062.50 
$59,934	
Net Assessments	$317,131	
Add: Discounts & Collections	$20,242	
Gross Assessments	$337,373	

(1)

Excess Revenues will be utilized to pay November 1 semi-annual interest payment.

Date	Balance	Prinicpal	Interest	Total	

05/01/21	
$	1,955,000.00	
$	-	$	39,146.25		
11/01/21	$	1,955,000.00	$	-	$	39,146.25	$	78,292.50	
05/01/22	$	1,955,000.00	$	130,000.00	$	39,146.25		
11/01/22	$	1,825,000.00	$	-	$	36,871.25	$	206,017.50	
05/01/23	$	1,825,000.00	$	135,000.00	$	36,871.25		
11/01/23	$	1,690,000.00	$	-	$	34,373.75	$	206,245.00	
05/01/24	$	1,690,000.00	$	140,000.00	$	34,373.75		
11/01/24	$	1,550,000.00	$	-	$	31,748.75	$	206,122.50	
05/01/25	$	1,550,000.00	$	145,000.00	$	31,748.75		
11/01/25	$	1,405,000.00	$	-	$	28,921.25	$	205,670.00	
05/01/26	$	1,405,000.00	$	150,000.00	$	28,921.25		
11/01/26	$	1,255,000.00	$	-	$	25,921.25	$	204,842.50	
05/01/27	$	1,255,000.00	$	160,000.00	$	25,921.25		
11/01/27	$	1,095,000.00	$	-	$	22,721.25	$	208,642.50	
05/01/28	$	1,095,000.00	$	165,000.00	$	22,721.25		
11/01/28	$	930,000.00	$	-	$	19,297.50	$	207,018.75	
05/01/29	$	930,000.00	$	170,000.00	$	19,297.50		
11/01/29	$	760,000.00	$	-	$	15,770.00	$	205,067.50	
05/01/30	$	760,000.00	$	180,000.00	$	15,770.00		
11/01/30	$	580,000.00	$	-	$	12,035.00	$	207,805.00	
05/01/31	$	580,000.00	$	185,000.00	$	12,035.00		
11/01/31	$	395,000.00	$	-	$	8,196.25	$	205,231.25	
05/01/32	$	395,000.00	$	195,000.00	$	8,196.25		
11/01/32	$	200,000.00	$	-	$	4,150.00	$	207,346.25	
05/01/33	$	200,000.00	$	200,000.00	$	4,150.00	$	204,150.00	
		$	1,955,000.00	$	597,451.25	$	2,552,451.25	

Date	Balance	Prinicpal	Interest	Total	

05/01/21	
$	925,000.00	
$	50,000.00	$	25,753.13		
11/01/21	$	875,000.00	$	-	$	24,471.88	$	100,225.00	
05/01/22	$	875,000.00	$	55,000.00	$	24,471.88		
11/01/22	$	820,000.00	$	-	$	23,062.50	$	102,534.38	
05/01/23	$	820,000.00	$	55,000.00	$	23,062.50		
11/01/23	$	765,000.00	$	-	$	21,515.63	$	99,578.13	
05/01/24	$	765,000.00	$	60,000.00	$	21,515.63		
11/01/24	$	705,000.00	$	-	$	19,828.13	$	101,343.75	
05/01/25	$	705,000.00	$	60,000.00	$	19,828.13		
11/01/25	$	645,000.00	$	-	$	18,140.63	$	97,968.75	
05/01/26	$	645,000.00	$	65,000.00	$	18,140.63		
11/01/26	$	580,000.00	$	-	$	16,312.50	$	99,453.13	
05/01/27	$	580,000.00	$	70,000.00	$	16,312.50		
11/01/27	$	510,000.00	$	-	$	14,343.75	$	100,656.25	
05/01/28	$	510,000.00	$	75,000.00	$	14,343.75		
11/01/28	$	435,000.00	$	-	$	12,234.38	$	101,578.13	
05/01/29	$	435,000.00	$	80,000.00	$	12,234.38		
11/01/29	$	355,000.00	$	-	$	9,984.38	$	102,218.75	
05/01/30	$	355,000.00	$	85,000.00	$	9,984.38		
11/01/30	$	270,000.00	$	-	$	7,593.75	$	102,578.13	
05/01/31	$	270,000.00	$	85,000.00	$	7,593.75		
11/01/31	$	185,000.00	$	-	$	5,203.13	$	97,796.88	
05/01/32	$	185,000.00	$	90,000.00	$	5,203.13		
11/01/32	$	95,000.00	$	-	$	2,671.88	$	97,875.00	
05/01/33	$	95,000.00	$	95,000.00	$	2,671.88	$	97,671.88	
		$	925,000.00	$	376,478.13	$	1,301,478.13	

Narcoossee
	Community Development District
Debt Assessment Calculation		
	Fiscal Year 2022		
		Adopted
FY2022
Annual Gross		
Subdivision	Track	Units	Debt Per Unit	Total Debt	
NonaCrest	C	SF50	158	$301.13	$47,579	
	D	SF70	110	$481.81	$52,999	
LaVina				
	A	SF50	107	$301.13	$32,221	
	B	SF75	65	$566.13	$36,798	
	E	SF50	48	$301.13	$14,454	
	F	SF50	50	$301.13	$15,057	
Lake Nona Preserve	K	Multi	228	$240.91	$54,927	
	G	Comm/Office	130704	$0.20	$26,141	
	G	Multi Family	370	$117.29	$43,397	
	H	Comm/Office	69000	$0.20	$13,800	
Total Gross Assessment	$337,373

Capital Reserve Fund - Nona Preserve Fiscal Year 2022

	Adopted
Budget	Actual
thru	Projected
Next	Total
Projected	Adopted
Budget	
Description	FY2021	6/30/21	3 Months	9/30/21	FY2022	

Revenues						
Transfer In	$9,514	$0	$9,514	$9,514	$25	
Interest	$0	$3	$2	$5	$0	
Carry Forward Surplus	$36,094	$38,594	$0	$38,594	$45,363	
Total Revenues	$45,608	$38,597	$9,516	$48,113	$45,389	

Expenditures						
Capital Projects	$2,500	$1,925	$825	$2,750	$2,500	
Total Expenditures	$2,500	$1,925	$825	$2,750	$2,500	

Excess Revenues	
$43,108	
$36,672	
$8,691	
$45,363	
$42,889	

Capital Reserve Fund - Parcels G&H Fiscal Year 2022

	Adopted
Budget	Actual
thru	Projected
Next	Total
Projected	Adopted
Budget	
Description	FY2021	6/30/21	3 Months	9/30/21	FY2022	

Revenues						
Transfer In	$9,685	$0	$9,685	$9,685	$8,889	
Interest	$0	$5	$4	$9	$0	
Carry Forward Balance	$53,293	$64,910	$0	$64,910	$69,436	
Total Revenues	$62,978	$64,915	$9,689	$74,604	$78,325	

Expenditures						
Stormwater Clean Up	$0	$0	$4,000	$4,000	$0	
Capital Outlay	$0	$343	$825	$1,168	$2,000	
Total Expenditures	$0	$343	$4,825	$5,168	$2,000	

Excess Revenues	
$62,978	
$64,572	
$4,864	
$69,436	
$76,325	

Capital Reserve Fund - Nona Crest Fiscal Year 2022

	Adopted
Budget	Actual
thru	Projected
Next	Total
Projected	Adopted
Budget	
Description	FY2021	6/30/21	3 Months	9/30/21	FY2022	

Revenues						
Transfer In	$14,034	$0	$14,034	$14,034	$5,267	
Interest	$0	$7	$7	$13	$0	
Carry Forward Surplus	$98,097	$98,092	$0	$98,092	$93,483	
Total Revenues	$112,131	$98,099	$14,041	$112,139	$98,751	

Expenditures						
Capital Projects	$0	$18,656	$825	$19,481	$2,500	
Total Expenditures	$0	$18,656	$0	$18,656	$2,500	

Excess Revenues	
$112,131	
$79,443	
$14,041	
$93,483	
$96,251	

Capital Reserve Fund - La Vina Fiscal Year 2022

	Adopted
Budget	Actual
thru	Projected
Next	Total
Projected	Adopted
Budget	
Description	FY2021	6/30/21	3 Months	9/30/21	FY2022	

Revenues						
Transfer In	$29,264	$2,400	$26,864	$29,264	$18,666	
Interest	$0	$4	$4	$8	$0	
Carry Forward Surplus	$35,653	$69,211	$0	$69,211	$54,643	
Total Revenues	$64,917	$71,615	$26,868	$98,483	$73,309	

Expenditures						
Repairs and Maintenance	$0	$31,433	$0	$31,433	$32,000	
Stormwater Cleanup	$0	$0	$11,240	$11,240	$0	
Contingency	$0	$343	$825	$1,168	$2,500	
Total Expenditures	$0	$31,776	$12,065	$43,841	$34,500	

Excess Revenues	
$64,917	
$39,840	
$14,803	
$54,643	
$38,809