Century Park Place Community Development District

Amended Final Budget For Fiscal Year 2018/2019
October 1, 2018 - September 30, 2019

CONTENTS

AMENDED FINAL OPERATING FUND BUDGET

AMENDED FINAL DEBT SERVICE FUND BUDGET

AMENDED FINAL BUDGET
CENTURY PARK PLACE COMMUNITY DEVELOPMENT DISTRICT OPERATING FUND
FISCAL YEAR 2018/2019 OCTOBER 1, 2018 - SEPTEMBER 30, 2019

REVENUES	FISCAL YEAR 2018/2019 BUDGET 10/1/18 - 9/30/19	AMENDED FINAL BUDGET
10/1/18 - 9/30/19	YEAR TO DATE ACTUAL
10/1/18 - 9/29/19	
ADMINISTRATIVE ASSESSMENTS	66,188	66,838	66,838	
MAINTENANCE ASSESSMENTS	17,399	17,399	17,399	
DEBT ASSESSMENTS	123,590	123,614	123,614	
DEVELOPER CONTRIBUTION - DEBT	0	71,825	71,825	
INTEREST INCOME	24	110	107	
				
TOTAL REVENUES	$	207,201	$	279,786	$	279,783	
				
EXPENDITURES				
MAINTENANCE/INFRASTRUCTURE IMPROVEMENTS				
ENGINEERING/INSPECTIONS	1,500	1,500	0	
MISCELLANEOUS MAINTENANCE	10,855	1,500	0	
INFRASTRUCTURE MAINTENANCE	4,000	1,500	0	
TOTAL MAINTENANCE/INFRASTRUCTURE IMPROVEMENTS	$	16,355	$	4,500	$	-	
				
ADMINISTRATIVE EXPENDITURES				
SUPERVISOR FEES	0	0	0	
MANAGEMENT	30,316	30,312	30,312	
LEGAL	9,000	9,000	6,920	
ASSESSMENT ROLL	6,750	6,750	6,750	
AUDIT FEES	3,100	3,100	3,100	
INSURANCE	5,500	5,000	5,000	
LEGAL ADVERTISING	1,000	500	174	
MISCELLANEOUS	1,250	500	191	
POSTAGE	250	150	133	
OFFICE SUPPLIES	400	325	284	
DUES & SUBSCRIPTIONS	175	175	175	
TRUSTEE FEES	3,500	3,180	3,180	
CONTINUING DISCLOSURE FEE	1,000	500	500	
				
TOTAL ADMINISTRATIVE EXPENDITURES	$	62,241	$	59,492	$	56,719	
				
TOTAL EXPENDITURES	$	78,596	$	63,992	$	56,719	
				
REVENUES LESS EXPENDITURES	$	128,605	$	215,794	$	223,064	
				
BOND PAYMENTS	(116,175)	(190,242)	(190,242)	
				
BALANCE	$	12,430	$	25,552	$	32,822	
				
COUNTY APPRAISER & TAX COLLECTOR FEE	(4,143)	(2,009)	(2,009)	
DISCOUNTS FOR EARLY PAYMENTS	(8,287)	(6,706)	(6,706)	
				
EXCESS/ (SHORTFALL)	$	-	$	16,837	$	24,107	
				
CARRYOVER FROM PRIOR YEAR	0	0	0	
				
NET EXCESS/ (SHORTFALL)	$	-	$	16,837	$	24,107	

FUND BALANCE AS OF 9/30/18	
FY 2018/2019 ACTIVITY	
FUND BALANCE AS OF 9/30/19	

$41	
$16,837	
$16,878	

AMENDED FINAL BUDGET
CENTURY PARK PLACE COMMUNITY DEVELOPMENT DISTRICT DEBT SERVICE FUND
FISCAL YEAR 2018/2019 OCTOBER 1, 2018 - SEPTEMBER 30, 2019

REVENUES	FISCAL YEAR 2018/2019 BUDGET 10/1/18 - 9/30/19	AMENDED FINAL BUDGET
10/1/18 - 9/30/19	YEAR  TO DATE ACTUAL
10/1/18 - 9/29/19	
Interest Income	25	320	313	
NAV Assessment Collection	116,175	118,417	118,417	
Developer Contribution	0	71,825	71,825	
				
Total Revenues	$	116,200	$	190,562	$	190,555	
				
EXPENDITURES				
Principal Payments	30,000	30,000	30,000	
Interest Payments	82,600	83,125	83,125	
Bond Redemption	3,600	0	0	
Total Expenditures	$	116,200	$	113,125	$	113,125	
				
Excess/ (Shortfall)	$	-	$	77,437	$	77,430	

FUND BALANCE AS OF 9/30/18	
FY 2018/2019 ACTIVITY	
FUND BALANCE AS OF 9/30/19	

$59,373	
$77,437	
$136,810	

Notes
Reserve Fund Balance = $58,158*. Revenue Fund Balance = $78,652*.
Revenue Fund Balance To Be Used To Make 11/1/2019 Principal & Interest Payment Of $71,300.

* Approximate Amounts

Series 2017 Bond Information

Original Par Amount =	$1,785,000	Annual Principal Payments Due:	
Interest Rate =	3.5% - 5.0%	November 1st	
Issue Date =	July 2017	Annual Interest Payments Due:	
Maturity Date =

Par Amount As Of 9/30/19 =	November 2047

$1,755,000	May 1st & November 1st