Century Park Place 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
CENTURY PARK PLACE 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	
ADMINISTRATIVE ASSESSMENTS	67,366	67,523	67,523	
MAINTENANCE ASSESSMENTS	16,202	16,203	16,203	
DEBT ASSESSMENTS	123,590	123,613	123,613	
INTEREST INCOME	60	180	178	
				
TOTAL REVENUES	$	207,218	$	207,519	$	207,517	
				
EXPENDITURES				
MAINTENANCE/INFRASTRUCTURE IMPROVEMENTS				
ENGINEERING/INSPECTIONS	1,500	9,000	6,075	
MISCELLANEOUS MAINTENANCE	10,855	4,000	2,905	
INFRASTRUCTURE MAINTENANCE	2,875	2,000	0	
TOTAL MAINTENANCE/INFRASTRUCTURE IMPROVEMENTS	$	15,230	$	15,000	$	8,980	
				
ADMINISTRATIVE EXPENDITURES				
SUPERVISOR FEES	0	400	400	
PAYROLL TAX EXPENSE	0	31	31	
MANAGEMENT	31,584	31,584	31,584	
LEGAL	9,000	9,000	7,833	
ASSESSMENT ROLL	6,750	6,750	6,750	
AUDIT FEES	3,300	3,300	3,300	
INSURANCE	5,800	5,513	5,513	
LEGAL ADVERTISING	800	1,000	767	
MISCELLANEOUS	1,050	800	407	
POSTAGE	250	130	125	
OFFICE SUPPLIES	375	275	255	
DUES & SUBSCRIPTIONS	175	175	175	
TRUSTEE FEES	3,300	3,179	3,179	
CONTINUING DISCLOSURE FEE	1,000	350	350	
				
TOTAL ADMINISTRATIVE EXPENDITURES	$	63,384	$	62,487	$	60,669	
				
TOTAL EXPENDITURES	$	78,614	$	77,487	$	69,649	
				
REVENUES LESS EXPENDITURES	$	128,604	$	130,032	$	137,868	
				
BOND PAYMENTS	(116,175)	(117,843)	(117,843)	
				
BALANCE	$	12,429	$	12,189	$	20,025	
				
COUNTY APPRAISER & TAX COLLECTOR FEE	(4,143)	(1,996)	(1,996)	
DISCOUNTS FOR EARLY PAYMENTS	(8,286)	(7,677)	(7,677)	
				
EXCESS/ (SHORTFALL)	$	-	$	2,516	$	10,352	
				
CARRYOVER FROM PRIOR YEAR	0	0	0	
				
NET EXCESS/ (SHORTFALL)	$	-	$	2,516	$	10,352	

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

$39,180	
$2,516	
$41,696	

AMENDED FINAL BUDGET
CENTURY PARK PLACE 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	25	7	6	
NAV Assessment Collection	116,175	117,843	117,843	
				
Total Revenues	$	116,200	$	117,850	$	117,849	
				
EXPENDITURES				
Principal Payments	35,000	30,000	30,000	
Interest Payments	80,500	81,025	81,025	
Bond Redemption	700	0	0	
Total Expenditures	$	116,200	$	111,025	$	111,025	
				
Excess/ (Shortfall)	$	-	$	6,825	$	6,824	

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

$142,913	
$6,825	
$149,738	

Notes
Reserve Fund Balance = $58,088*. Revenue Fund Balance = $91,650*.
Revenue Fund Balance To Be Used To Make 11/1/2021 Principal & Interest Payment Of $75,250 (Principal Payment: $35,000 + Interest Payment: $40,250 = $70,775).
* 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 9/30/21 =	November 2047

$1,695,000	May 1st & November 1st