Terracina
Community Development District

Amended Final Budget For Fiscal Year 2020/2021
October 1, 2020 - September 30, 2021

CONTENTS

AMENDED FINAL OPERATING FUND BUDGET

AMENDED FINAL DEBT SERVICE FUND BUDGET

AMENDED FINAL BUDGET
TERRACINA COMMUNITY DEVELOPMENT DISTRICT OPERATING FUND
FISCAL YEAR 2020/2021 OCTOBER 1, 2020 - SEPTEMBER 30, 2021

REVENUES	FISCAL YEAR 2020/2021 BUDGET 10/1/20 - 9/30/21	AMENDED FINAL BUDGET
10/1/20 - 9/30/21	YEAR TO DATE ACTUAL
10/1/20 - 9/29/21	
O & M ASSESSMENTS	131,535	131,379	131,379	
DEBT ASSESSMENTS	334,144	333,676	333,676	
OTHER REVENUES	0	0	0	
INTEREST INCOME	240	100	100	
			.	
TOTAL REVENUES	$	465,919	$	465,155	$	465,155	
				
EXPENDITURES				
SUPERVISOR FEES	7,000	8,000	8,000	
PAYROLL TAXES - EMPLOYER	560	612	612	
AQUATIC LAKE MAINTENANCE	22,000	17,500	15,435	
CONTINGENCY (FOUNTAINS)	11,500	9,994	9,994	
FOUNTAIN MAINTENANCE	5,000	17,000	15,110	
ENGINEERING/INSPECTIONS	6,000	4,882	4,482	
MANAGEMENT	34,428	34,428	34,428	
SECRETARIAL	4,200	4,200	4,200	
LEGAL	4,500	6,074	6,074	
ASSESSMENT ROLL	8,000	8,000	8,000	
AUDIT FEES	4,120	4,120	4,120	
INSURANCE	6,400	5,789	5,789	
LEGAL ADVERTISING	1,150	1,750	1,434	
MISCELLANEOUS	1,100	1,250	1,024	
POSTAGE	300	325	307	
OFFICE SUPPLIES	600	675	631	
DUES & SUBSCRIPTIONS	175	175	175	
TRUSTEE FEES	4,500	4,500	0	
CONTINUING DISCLOSURE FEE	350	350	350	
WEBSITE MANAGEMENT	2,000	2,000	2,000	
				
TOTAL EXPENDITURES	$	123,883	$	131,624	$	122,165	
				
REVENUES LESS EXPENDITURES	$	342,036	$	333,531	$	342,990	
				
BOND PAYMENTS	(314,095)	(318,120)	(318,120)	
				
BALANCE	$	27,941	$	15,411	$	24,870	
				
COUNTY APPRAISER & TAX COLLECTOR FEE	(9,314)	(5,338)	(5,338)	
DISCOUNTS FOR EARLY PAYMENT	(18,627)	(17,248)	(17,248)	
		.		
EXCESS/ (SHORTFALL)	$	-	$	(7,175)	$	2,284	
				
CARRYOVER FROM PRIOR YEAR	0	0	0	
				
NET EXCESS/ (SHORTFALL)	$	-	$	(7,175)	$	2,284	

FUND BALANCE AS OF 9/30/20	
FY 2020/2021 ACTIVITY	
FUND BALANCE AS OF 9/30/21	

$24,942	
($7,175)	
$17,767	

.

AMENDED FINAL BUDGET
TERRACINA COMMUNITY DEVELOPMENT DISTRICT DEBT SERVICE FUND
FISCAL YEAR 2020/2021 OCTOBER 1, 2020 - SEPTEMBER 30, 2021

REVENUES	FISCAL YEAR 2020/2021 BUDGET 10/1/20 - 9/30/21	AMENDED FINAL BUDGET
10/1/20 - 9/30/21	YEAR TO DATE ACTUAL
10/1/20 - 9/29/21	
Interest Income	200	29	29	
NAV Tax Collection	316,320	318,120	318,120	
Bond Refunding Proceeds	0	2,856,000	2,856,000	
Total Revenues	$	316,520	$	3,174,149	$	3,174,149	
				
EXPENDITURES				
Principal Payments (2014)	170,000	3,155,000	3,155,000	
Interest Payments (2014)	111,520	123,363	123,363	
Mandatory Redemption	35,000	0	0	
Bond Refunding Cost Of Issuance (2021)	0	143,830	143,830	
Total Expenditures	$	316,520	$	3,422,193	$	3,422,193	
				
Excess/ (Shortfall)	$	-	$	(248,044)	$	(248,044)	

FUND BALANCE AS OF 9/30/20	
FY 2020/2021 ACTIVITY	
FUND BALANCE AS OF 9/30/21	

$295,530	
($248,044)	
$47,486	

Notes
Reserve Fund Balance = $14,762*. Revenue Fund Balances = $10,165*. Interest Account Balance = $22,559*.
Interest Account Balance To Be Used To Make 11/1/2021 Interest Payment Of $22,559.
* Approximate Amounts

Series 2021 Bond Refunding Information		
Original Par Amount =	$2,856,000	Annual Principal Payments Due:	
Interest Rate =	2.350%	May 1st	
Issue Date =	June 2021	Annual Interest Payments Due:	
Maturity Date =	May 2032	May 1st & November 1st	
Par Amount As Of 9/30/21 =	$2,856,000