Terracina
Community Development District

Amended Final Budget For Fiscal Year 2021/2022
October 1, 2021 - September 30, 2022

CONTENTS

AMENDED FINAL OPERATING FUND BUDGET

AMENDED FINAL DEBT SERVICE FUND BUDGET

AMENDED FINAL BUDGET
TERRACINA COMMUNITY DEVELOPMENT DISTRICT OPERATING FUND
FISCAL YEAR 2021/2022 OCTOBER 1, 2021 - SEPTEMBER 30, 2022

REVENUES	FISCAL YEAR 2021/2022 BUDGET
10/1/21 - 9/30/22	AMENDED FINAL BUDGET
10/1/21 - 9/30/22	YEAR TO DATE ACTUAL
10/1/21 - 9/29/22	
O & M ASSESSMENTS	171,487	171,279	171,279	
DEBT ASSESSMENTS	314,087	313,651	313,651	
OTHER REVENUES	0	0	0	
INTEREST INCOME	120	152	152	
			.	
TOTAL REVENUES	$	485,694	$	485,082	$	485,082	
				
EXPENDITURES				
SUPERVISOR FEES	7,000	5,800	5,800	
PAYROLL TAXES - EMPLOYER	560	444	444	
AQUATIC LAKE MAINTENANCE	25,000	22,000	19,145	
CONTINGENCY (FOUNTAINS)	35,000	20,000	0	
FOUNTAIN MAINTENANCE	15,000	8,500	7,088	
ENGINEERING/INSPECTIONS	6,000	15,000	13,633	
MANAGEMENT	34,908	34,908	34,908	
SECRETARIAL	4,200	4,200	4,200	
LEGAL	4,500	5,500	4,759	
ASSESSMENT ROLL	8,000	8,000	8,000	
AUDIT FEES	4,225	4,225	4,225	
INSURANCE	6,400	5,992	5,992	
LEGAL ADVERTISING	1,500	1,350	884	
MISCELLANEOUS	1,100	1,100	746	
POSTAGE	300	100	92	
OFFICE SUPPLIES	600	725	692	
DUES & SUBSCRIPTIONS	175	175	175	
TRUSTEE FEES	4,500	3,500	3,500	
CONTINUING DISCLOSURE FEE	350	350	350	
WEBSITE MANAGEMENT	2,000	2,000	2,000	
				
TOTAL EXPENDITURES	$	161,318	$	143,869	$	116,633	
				
REVENUES LESS EXPENDITURES	$	324,376	$	341,213	$	368,449	
				
BOND PAYMENTS	(295,242)	(299,025)	(299,025)	
				
BALANCE	$	29,134	$	42,188	$	69,424	
				
COUNTY APPRAISER & TAX COLLECTOR FEE	(9,711)	(5,513)	(5,513)	
DISCOUNTS FOR EARLY PAYMENT	(19,423)	(18,009)	(18,009)	
				
EXCESS/ (SHORTFALL)	$	-	$	18,666	$	45,902	
				
CARRYOVER FROM PRIOR YEAR	0	0	0	
				
NET EXCESS/ (SHORTFALL)	$	-	$	18,666	$	45,902	

FUND BALANCE AS OF 9/30/21	
FY 2021/2022 ACTIVITY	
FUND BALANCE AS OF 9/30/22	

$29,533	
$18,666	
$48,199	

.

10/31/2022 10:12 AM	I

AMENDED FINAL BUDGET
TERRACINA COMMUNITY DEVELOPMENT DISTRICT DEBT SERVICE FUND
FISCAL YEAR 2021/2022 OCTOBER 1, 2021 - SEPTEMBER 30, 2022

REVENUES	FISCAL YEAR 2021/2022 BUDGET 10/1/21 - 9/30/22	AMENDED FINAL BUDGET
10/1/21 - 9/30/22	YEAR TO DATE ACTUAL
10/1/21 - 9/29/22	
Interest Income	25	288	288	
NAV Tax Collection	295,242	299,025	299,025	
				
Total Revenues	$	295,267	$	299,313	$	299,313	
				
EXPENDITURES				
Principal Payments	230,000	230,000	230,000	
Interest Payments	64,414	56,117	56,117	
Bond Redemption	853	0	0	
				
Total Expenditures	$	295,267	$	286,117	$	286,117	
				
Excess/ (Shortfall)	$	-	$	13,196	$	13,196	

FUND BALANCE AS OF 9/30/21	
FY 2021/2022 ACTIVITY	
FUND BALANCE AS OF 9/30/22	

$47,486	
$13,196	
$60,682	

Notes
Reserve Fund Balance = $14,803*. Revenue Fund Balances = $45,879*.
Revenue Account Balance To Be Used To Make 11/1/2022 Interest Payment Of $30,856.
* 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 9/30/22 =	$2,626,000		

10/31/2022 10:12 AM	II