|
2018 2019 2020 2020 2021
<br />Actual Actual Budget Estimated Budget
<br />Revenues:
<br />Special Assessments 421,855$ 289,434$ 250,000$ 250,000$ 225,000$
<br />Transfers In - - - - -
<br />Total Revenue 421,855$ 289,434$ 250,000$ 250,000$ 225,000$
<br />Expenditures:
<br />Auditor 360$ 360$ 360$ 310$ 330$
<br />Bond Principal 1,345,000 - - - -
<br />Bond Interest 32,698 - - - -
<br />RC Principal 6,661 6,726 6,930 6,918 7,069
<br />RC Interest 1,019 954 760 762 610
<br />Interfund Loan Interest 48,536 40,224 50,000 30,356 30,000
<br />Paying Agent Fees/Issuance Costs 369 312 400 315 315
<br />Total Expenditures 1,434,643$ 48,576$ 58,450$ 38,661$ 38,324$
<br />Net Increase (Decrease)(1,012,788) 240,858 191,550 211,339 186,676
<br />Beginning Fund Balance (45,720) (1,058,508) (817,650) (606,311)
<br />Ending Fund Balance (1,058,508)$ (817,650)$ (606,311)$ (419,635)$
<br />2018 2019 2020 2020 2021*
<br />Actual Actual Budget Estimated Budget
<br />Revenues:
<br />Special Assessments 9,914$ 14,046$ 7,000$ 7,000$ 7,000$
<br />Interest 84 145 50 50 50
<br />Total Revenue 9,998$ 14,191$ 7,050$ 7,050$ 7,050$
<br />Expenditures:
<br />Auditor 195$ 200$ 200$ 200$ 210$
<br />RC Principal 12,312 12,434 12,810 12,808 12,066
<br />RC Interest 932 810 450 436 177
<br />Paying Agent Fees/Issuance Costs 87 76 100 80 100
<br />Total Expenditures 13,526$ 13,520$ 13,560$ 13,524$ 12,553$
<br />Net Increase (Decrease)(3,528) 671 (6,510) (6,474) (5,503)
<br />Beginning Fund Balance 9,360 5,832 6,503 29
<br />Ending Fund Balance 5,832$ 6,503$ 29$ (5,474)$
<br />*Final loan payment is in 2021 and final assessment payment received will be 2024.
<br />DETAILED DEBT SERVICE FUND BUDGETS
<br />NOTES-CANABURY SQUARE (FUND 362)
<br />NOTES - CANABURY CONDOS (FUND 375)
<br />DRAFT DOCUMENT -9/3/2020 76
|