Title: CVII Amended Final Budget 2017-2018.xlsx
Author: JWalker

Crestview II Community Development District

Amended Final Budget For Fiscal Year 2017/2018
October 1, 2017 - September 30, 2018

CONTENTS

AMENDED FINAL OPERATING FUND BUDGET

AMENDED FINAL DEBT SERVICE FUND BUDGET

AMENDED FINAL BUDGET
CRESTVIEW II COMMUNITY DEVELOPMENT DISTRICT OPERATING FUND
FISCAL YEAR 2017/2018 OCTOBER 1, 2017 - SEPTEMBER 30, 2018

REVENUES

FISCAL YEAR 2017/2018 BUDGET 10/1/17 - 9/30/18

AMENDED FINAL BUDGET
10/1/17 - 9/30/18

YEAR  TO DATE ACTUAL
10/1/17 - 9/29/18

Administrative Assessments | 57,127 | 57,642 | 57,642
Maintenance Assessments | 26,382 | 26,383 | 26,383
Debt Assessments | 111,500 | 111,501 | 111,501
Interest Income | 60 | 130 | 130
TOTAL REVENUES | $	195,069 | $	195,656 | $	195,656
EXPENDITURES | | |
ADMINISTRATIVE EXPENDITURES | | |
Supervisor Fees | 1,875 | 825 | 825
Payroll Taxes (Employer) | 145 | 63 | 63
Management | 26,868 | 26,868 | 26,868
Secretarial & Field Operations | 4,900 | 4,900 | 4,900
Legal | 10,000 | 7,204 | 7,204
Assessment Roll | 6,000 | 6,000 | 6,000
Audit Fees | 3,600 | 3,600 | 3,600
Insurance | 6,356 | 5,778 | 5,778
Legal Advertisements | 500 | 500 | 293
Miscellaneous | 900 | 900 | 726
Postage | 275 | 175 | 172
Office Supplies | 425 | 425 | 411
Dues & Subscriptions | 175 | 175 | 175
Trustee Fee | 3,000 | 3,000 | 3,000
Continuing Disclosure Fee | 500 | 350 | 350
Website Management | 1,500 | 1,500 | 1,500
TOTAL ADMINISTRATIVE EXPENDITURES | $	67,019 | $	62,263 | $	61,865
MAINTENANCE EXPENDITURES | | |
Aquatic Maintenance | 2,250 | 2,250 | 1,947
General Community Maintenance | 900 | 198 | 198
Lawn Maintenance | 9,800 | 9,250 | 8,745
Fountain Maintenance & Upkeep | 3,600 | 9,031 | 9,031
Electricity/FPL - Fountains | 5,200 | 3,834 | 3,834
Engineering/Inspections | 1,250 | 850 | 850
Lake Bank - Erosion Control | 600 | 0 | 0
Storm Cleanup - IRMA | 0 | 1,075 | 1,075
Maintenance/Contingency | 1,200 | 650 | 480
TOTAL MAINTENANCE EXPENDITURES | $	24,800 | $	27,138 | $	26,160
TOTAL EXPENDITURES | $	91,819 | $	89,401 | $	88,025
REVENUES LESS EXPENDITURES | $	103,250 | $	106,255 | $	107,631
Bond Payments | (104,810) | (106,574) | (106,574)
BALANCE | $	(1,560) | $	(319) | $	1,057
County Appraiser & Tax Collector Fee | (3,900) | (1,887) | (1,887)
Discounts For Early Payments | (7,800) | (6,733) | (6,733)
EXCESS/ (SHORTFALL) | $	(13,260) | $	(8,939) | $	(7,563)
Carryover From Prior Year | 13,260 | 13,260 | 0
NET EXCESS/ (SHORTFALL) | $	- | $	4,321 | $	(7,563)
Notes
Carryover From Prior Year Of $13,260 was used to reduce Fiscal Year 2017/2018 Assessments.
$8,763 Of Fund Balance To Be Used To Reduce 2018/2019 Assessments.

FUND BALANCE AS OF 9/30/17
FY 2017/2018 ACTIVITY
FUND BALANCE AS OF 9/30/18

$59,545
($8,939)
$50,606

11/19/2018 11:08 AM	^I

AMENDED FINAL BUDGET
CRESTVIEW II COMMUNITY DEVELOPMENT DISTRICT DEBT SERVICE FUND
FISCAL YEAR 2017/2018 OCTOBER 1, 2017 - SEPTEMBER 30, 2018

REVENUES

FISCAL YEAR 2017/2018 BUDGET 10/1/17 - 9/30/18

AMENDED FINAL BUDGET
10/1/17 - 9/30/18

YEAR  TO DATE ACTUAL
10/1/17 - 9/29/18

Interest Income | 50 | 1,929 | 1,929
NAV Tax Collection | 104,810 | 106,574 | 106,574
Total Revenues | $	104,860 | $	108,503 | $	108,503
EXPENDITURES | | |
Principal Payments | 35,000 | 35,000 | 35,000
Interest Payments | 69,860 | 70,840 | 70,840
Transfer To Construction Fund | 0 | 3,644 | 3,644
Total Expenditures | $	104,860 | $	109,484 | $	109,484
Excess/ (Shortfall) | $	- | $	(981) | $	(981)

FUND BALANCE AS OF 9/30/17
FY 2017/2018 ACTIVITY
FUND BALANCE AS OF 9/30/18

$138,527
($981)
$137,546

Notes
Reserve Fund Balance = $86,777*. Revenue Fund Balance = $50,767*. Revenue Fund Balance Used To Make 11/1/2018 Interest Payment Of $34,440.
* Approximate Amounts

Series 2006 Bond Information	
Original Par Amount = | $1,530,000 | Annual Principal Payments Due:
Interest Rate = | 5.60% | May 1st
Issue Date = | June 2006 | Annual Interest Payments Due:

Maturity Date =

Par Amount As Of 9/30/18 =

May 2037

$1,230,000

May 1st & November 1st

11/19/2018 11:08 AM	^II