Title: T Amended Final Budget 2022-2023.xlsx
Author: JWalker

Terracina
Community Development District

Amended Final Budget For Fiscal Year 2022/2023
October 1, 2022 - September 30, 2023

CONTENTS

AMENDED FINAL OPERATING FUND BUDGET

AMENDED FINAL DEBT SERVICE FUND BUDGET

AMENDED FINAL BUDGET
TERRACINA COMMUNITY DEVELOPMENT DISTRICT OPERATING FUND
FISCAL YEAR 2022/2023 OCTOBER 1, 2022 - SEPTEMBER 30, 2023

REVENUES

FISCAL YEAR 2022/2023 BUDGET
10/1/22 - 9/30/23

AMENDED FINAL BUDGET
10/1/22 - 9/30/23

YEAR TO DATE ACTUAL
10/1/22 - 8/31/23

O & M ASSESSMENTS | 171,428 | 171,410 | 171,410
DEBT ASSESSMENTS | 314,087 | 313,602 | 313,602
OTHER REVENUES | 0 | 0 | 0
INTEREST INCOME | 120 | 4,950 | 4,853
| | | .
TOTAL REVENUES | $	485,635 | $	489,962 | $	489,865
EXPENDITURES | | |
SUPERVISOR FEES | 7,000 | 5,600 | 4,600
PAYROLL TAXES - EMPLOYER | 560 | 430 | 352
CONTINGENCY/FOUNTAINS | 33,400 | 20,000 | 11,900
AQUATIC LAKE MAINTENANCE | 25,000 | 25,000 | 19,195
FOUNTAIN MAINTENANCE | 15,000 | 25,000 | 21,015
ENGINEERING/INSPECTIONS | 6,000 | 8,000 | 1,584
MANAGEMENT | 35,952 | 35,952 | 32,956
SECRETARIAL | 4,200 | 4,200 | 3,850
LEGAL | 5,000 | 8,500 | 6,643
ASSESSMENT ROLL | 8,000 | 8,000 | 0
AUDIT FEES | 4,225 | 4,225 | 0
INSURANCE | 6,400 | 6,442 | 6,442
LEGAL ADVERTISING | 1,500 | 1,300 | 686
MISCELLANEOUS | 1,100 | 850 | 417
POSTAGE | 300 | 80 | 67
OFFICE SUPPLIES | 600 | 675 | 601
DUES & SUBSCRIPTIONS | 175 | 175 | 175
TRUSTEE FEES | 4,500 | 3,500 | 3,500
CONTINUING DISCLOSURE FEE | 350 | 350 | 0
WEBSITE MANAGEMENT | 2,000 | 2,000 | 1,833
SPECIAL PROJECTS | 0 | 60,000 | 0
TOTAL EXPENDITURES | $	161,262 | $	220,279 | $	115,816
REVENUES LESS EXPENDITURES | $	324,373 | $	269,683 | $	374,049
BOND PAYMENTS | (295,242) | (298,958) | (298,958)
BALANCE | $	29,131 | $	(29,275) | $	75,091
COUNTY APPRAISER & TAX COLLECTOR FEE | (9,710) | (5,505) | (5,505)
DISCOUNTS FOR EARLY PAYMENT | (19,421) | (18,036) | (18,036)
EXCESS/ (SHORTFALL) | $	- | $	(52,816) | $	51,550
CARRYOVER FROM PRIOR YEAR | 0 | 0 | 0
NET EXCESS/ (SHORTFALL) | $	- | $	(52,816) | $	51,550

FUND BALANCE AS OF 9/30/22
FY 2022/2023 ACTIVITY
FUND BALANCE AS OF 9/30/23

$74,969
($52,816)
$22,153

.

AMENDED FINAL BUDGET
TERRACINA COMMUNITY DEVELOPMENT DISTRICT DEBT SERVICE FUND
FISCAL YEAR 2022/2023 OCTOBER 1, 2022 - SEPTEMBER 30, 2023

REVENUES

FISCAL YEAR 2022/2023 BUDGET 10/1/22 - 9/30/23

AMENDED FINAL BUDGET
10/1/22 - 9/30/23

YEAR TO DATE ACTUAL
10/1/22 - 8/31/23

Interest Income | 25 | 4,980 | 4,880
NAV Tax Collection | 295,242 | 298,958 | 298,958
Total Revenues | $	295,267 | $	303,938 | $	303,838
EXPENDITURES | | |
Principal Payments | 236,000 | 236,000 | 236,000
Interest Payments | 58,938 | 61,711 | 61,711
Bond Redemption | 329 | 0 | 0
Total Expenditures | $	295,267 | $	297,711 | $	297,711
Excess/ (Shortfall) | $	- | $	6,227 | $	6,127

FUND BALANCE AS OF 9/30/22
FY 2022/2023 ACTIVITY
FUND BALANCE AS OF 9/30/23

$60,683
$6,227
$66,910

Notes
Reserve Fund Balance = $15,298*. Revenue Fund Balances = $51,612*.
Revenue Account Balance To Be Used To Make 11/1/2023 Interest Payment Of $28,083.
* 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 9/30/23 = | $2,390,000 |

8/31/2023 7:30 AM