Century Park South Community Development District

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

CONTENTS

I	AMENDED FINAL OPERATING FUND BUDGET II	AMENDED FINAL DEBT SERVICE BUDGET

AMENDED FINAL BUDGET
CENTURY PARK SOUTH COMMUNITY DEVELOPMENT DISTRICT OPERATING FUND
FISCAL YEAR 2019/2020 OCTOBER 1, 2019 - SEPTEMBER 30, 2020

	FISCAL YEAR	AMENDED	YEAR	
	2019/2020	FINAL	TO DATE	
	BUDGET	BUDGET	ACTUAL	
REVENUES	10/1/19 - 9/30/20	10/1/19 - 9/30/20	10/1/19 - 9/29/20	
ADMINISTRATIVE ASSESSMENTS	0	0	0	
MAINTENANCE ASSESSMENTS	0	0	0	
DEVELOPER CONTRIBUTION	99,720	59,860	59,860	
DEBT ASSESSMENTS	0	0	0	
INTEREST INCOME	0	30	30	
TOTAL REVENUES	$	99,720	$	59,890	$	59,890	
				
EXPENDITURES				
				
ADMINISTRATIVE EXPENDITURES				
SUPERVISOR FEES	0	0	0	
MANAGEMENT	27,600	27,600	27,600	
LEGAL	15,000	12,039	12,039	
ASSESSMENT ROLL	6,500	0	0	
AUDIT FEES	0	0	0	
ARBITRAGE REBATE FEE	0	0	0	
INSURANCE	6,000	5,000	5,000	
LEGAL ADVERTISING	2,500	3,800	3,326	
MISCELLANEOUS	1,250	1,000	654	
POSTAGE	250	250	247	
OFFICE SUPPLIES	750	1,125	1,097	
DUES & SUBSCRIPTIONS	175	175	175	
TRUSTEE FEES	0	0	0	
CONTINUING DISCLOSURE FEE	0	500	500	
WEBSITE MANAGEMENT & ADA COMPLIANCE	1,500	1,500	1,500	
ADMINISTRATIVE CONTINGENCY	6,095	1,500	0	
TOTAL ADMINISTRATIVE EXPENDITURES	$	67,620	$	54,489	$	52,138	
				
MAINTENANCE EXPENDITURES				
ENGINEERING/INSPECTIONS	2,100	500	53	
MISCELLANEOUS MAINTENANCE	15,000	1,000	0	
INFRASTRUCTURE MAINTENANCE	15,000	1,000	0	
TOTAL MAINTENANCE EXPENDITURES	$	32,100	$	2,500	$	53	
				
TOTAL EXPENDITURES	$	99,720	$	56,989	$	52,191	
				
REVENUES LESS EXPENDITURES	$	-	$	2,901	$	7,699	
				
BOND PAYMENTS	-	-	-	
				
BALANCE	$	-	$	2,901	$	7,699	
				
COUNTY APPRAISER & TAX COLLECTOR FEE	-	-	-	
DISCOUNTS FOR EARLY PAYMENTS	-	-	-	
				
EXCESS/ (SHORTFALL)	$	-	$	2,901	$	7,699	
				
CARRYOVER FROM PRIOR YEAR	0	0	0	
				
NET EXCESS/ (SHORTFALL)	$	-	$	2,901	$	7,699	

FUND BALANCE AS OF 9/30/19	
FY 2019/2020 ACTIVITY	
FUND BALANCE AS OF 9/30/20	

$2,482	
$2,901	
$5,383	

AMENDED FINAL BUDGET
CENTURY PARK SOUTH COMMUNITY DEVELOPMENT DISTRICT DEBT SERVICE FUND
FISCAL YEAR 2019/2020 OCTOBER 1, 2019 - SEPTEMBER 30, 2020

REVENUES	FISCAL YEAR 2019/2020 BUDGET 10/1/19 - 9/30/20	AMENDED FINAL BUDGET
10/1/19 - 9/30/20	YEAR TO DATE ACTUAL
10/1/19 - 9/29/20	
Interest Income	0	385	383	
NAV Assessment Collection	0	0	0	
Developer Contribution	0	0	0	
Bond Proceeds	0	369,509	369,509	
Total Revenues	$	-	$	369,894	$	369,892	
				
EXPENDITURES				
Principal Payments	0	0	0	
Interest Payments	0	29,919	29,919	
Bond Redemption	0	0	0	
Total Expenditures	$	-	$	29,919	$	29,919	
				
Excess/ (Shortfall)	$	-	$	339,975	$	339,973	

FUND BALANCE AS OF 9/30/19	
FY 2019/2020 ACTIVITY	
FUND BALANCE AS OF 9/30/20	

$0	
$339,975	
$339,975	

Notes
Reserve Fund Balance = $255,444*. Revenue Fund Balance = $163*. Captalized Interest Account Balance = $84,368*.
Capitalized Interest Account Balance To Be Used To Make 11/1/2020 Interest Payment Of $84,147. Capital Projects Debt Proceeds = $4,135,491. Total Bond Proceeds = $4,505,000.
FY 2019/2020 Capital Outlays = $2,301,000.* FY 2019/2020 Cost Of Issuance = $260,375.
* Approximate Amounts

Series 2020 Bond Information

Original Par Amount =	$4,505,000	Annual Principal Payments Due:	
Interest Rate =	3.0% - 4.0%	May 1st	
Issue Date =	February 2020	Annual Interest Payments Due:	
Maturity Date =

Par Amount As Of 9/30/20 =	May 2050

$4,505,000	May 1st & November 1st