Century Park South Community Development District

Proposed Budget For Fiscal Year 2019/2020
October 1, 2019 - September 30, 2020

CONTENTS

PROPOSED BUDGET

DETAILED PROPOSED BUDGET

PROPOSED BUDGET
CENTURY PARK SOUTH COMMUNITY DEVELOPMENT DISTRICT FISCAL YEAR 2019/2020
OCTOBER 1, 2019 - SEPTEMBER 30, 2020

REVENUES	
FISCAL YEAR 2019/2020 BUDGET	
O&M Assessments	0	
Developer Contribution	99,720	
Debt Assessments	0	
Interest Income	0	
		
TOTAL REVENUES	$	99,720	
		
EXPENDITURES		
Administrative Expenditures		
Supervisor Fees	0	
Management	27,600	
Legal	15,000	
Assessment Roll	6,500	
Methodology Report	0	
Audit Fees	0	
Arbitrage Rebate Fee	0	
Insurance	6,000	
Legal Advertisements	2,500	
Miscellaneous	1,250	
Postage	250	
Office Supplies	750	
Dues & Subscriptions	175	
Trustee Fees	0	
Continuing Disclosure Fee	0	
Website Management & ADA Compliance	1,500	
Administrative Contingency	6,095	
Total Administrative Expenditures	$	67,620	
		
Maintenance Expenditures		
Engineering/Inspections	2,100	
Miscellaneous Maintenance	15,000	
Infrastructure Maintenance	15,000	
Total Maintenance Expenditures	$	32,100	
		
TOTAL EXPENDITURES	$	99,720	
		
REVENUES LESS EXPENDITURES	$	-	
		
Bond Payments	0	
		
BALANCE	$	-	
		
County Appraiser & Tax Collector Fee	0	
Discounts For Early Payments	0	
		
EXCESS/ (SHORTFALL)	$	-	

DETAILED PROPOSED BUDGET
CENTURY PARK SOUTH COMMUNITY DEVELOPMENT DISTRICT FISCAL YEAR 2019/2020
OCTOBER 1, 2019 - SEPTEMBER 30, 2020

REVENUES	
FISCAL YEAR 2017/2018 ACTUAL	
FISCAL YEAR 2018/2019 BUDGET	
FISCAL YEAR 2019/2020 BUDGET	

COMMENTS	
O&M Assessments	0	0	0		
Developer Contribution	0	5,500	99,720	Developer Contribution	
Debt Assessments	0	0	0		
Interest Income	0	0	0		
					
TOTAL REVENUES	$	-	$	5,500	$	99,720		
					
EXPENDITURES					
Administrative Expenditures					
Supervisor Fees	0	0	0		
Management	0	0	27,600	$2,300 Per Month	
Legal	0	2,500	15,000		
Assessment Roll	0	0	6,500	As Per Contract - Will Commence When District Is On Roll	
Methodology Report	0	0	0	Methodology Report To Be Included In Bond Cost Of Issuance	
Audit Fees	0	0	0	First Expenditure Will Be One Year After Bond Issue	
Arbitrage Rebate Fee	0	0	0	First Expenditure Will Be One Year After Bond Issue	
Insurance	0	0	6,000		
Legal Advertisements	0	1,250	2,500		
Miscellaneous	0	150	1,250		
Postage	0	100	250		
Office Supplies	0	0	750		
Dues & Subscriptions	0	0	175		
Trustee Fees	0	0	0	First Expenditure Will Be One Year After Bond Issue	
Continuing Disclosure Fee	0	0	0	First Expenditure Will Be One Year After Bond Issue	
Website Management & ADA Compliance	0	0	1,500	$500 Per Month	
Administrative Contingency	0	0	6,095		
Total Administrative Expenditures	$	-	$	4,000	$	67,620		
					
Maintenance Expenditures					
Engineering/Inspections	0	1,500	2,100	Engineers Report To Be Included In Bond Cost Of Issuance	
Miscellaneous Maintenance	0	0	15,000		
Infrastructure Maintenance	0	0	15,000		
Total Maintenance Expenditures	$	-	$	1,500	$	32,100		
					
TOTAL EXPENDITURES	$	-	$	5,500	$	99,720		
					
REVENUES LESS EXPENDITURES	$	-	$	-	$	-		
					
Bond Payments	0	0	0		
					
BALANCE	$	-	$	-	$	-		
					
County Appraiser & Tax Collector Fee	0	0	0		
Discounts For Early Payments	0	0	0		
					
EXCESS/ (SHORTFALL)	$	-	$	-	$	-