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

AMENDED FINAL BUDGET

AMENDED FINAL BUDGET
GRAND BAY AT DORAL COMMUNITY DEVELOPMENT DISTRICT

Grand Bay At Doral 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 DORAL BREEZE OPERATING FUND BUDGET

AMENDED FINAL MIDTOWN OPERATING FUND BUDGET

AMENDED FINAL NORTH OPERATING FUND BUDGET

AMENDED FINAL SOUTH OPERATING FUND BUDGET

AMENDED FINAL DEBT SERVICE FUND BUDGET (SERIES 2022 - DORAL BREEZE)

AMENDED FINAL DEBT SERVICE FUND BUDGET (SERIES 2014 - MIDTOWN)

AMENDED FINAL DEBT SERVICE FUND BUDGET (SERIES 2014 - NORTH)

AMENDED FINAL DEBT SERVICE FUND BUDGET (SERIES 2007 - SOUTH)

GRAND BAY AT DORAL COMMUNITY DEVELOPMENT DISTRICT OPERATING FUND - ALL UNITS
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 - 9/29/23

Administrative Assessments | 134,207 | 147,382 | 147,382
Maintenance Assessments | 363,830 | 367,214 | 367,214
Direct Bill O&M Assessments | 0 | 19,136 | 19,136
Debt Assessments - A Bonds | 2,300,554 | 2,357,648 | 2,357,648
Debt Assessments - A-1 Bonds | 985,790 | 987,228 | 987,228
Debt Assessments - A-2 Bonds | 866,004 | 867,414 | 867,414
Other Revenues | 0 | 0 | 0
Interest Income | 1,000 | 39,102 | 38,702
TOTAL REVENUES | $	4,651,385 | $	4,785,124 | $	4,784,724
EXPENDITURES | | |
ADMINISTRATIVE EXPENDITURES | | |
Management | 36,633 | 36,634 | 36,634
Supervisor Fees | 3,000 | 400 | 0
Payroll Taxes | 232 | 32 | 0
Field Operations | 7,320 | 7,320 | 7,320
Legal | 21,500 | 14,164 | 14,164
Assessment Roll | 10,000 | 10,000 | 10,000
Audit Fees | 8,000 | 7,100 | 7,100
Arbitrage Rebate Fee | 3,000 | 3,500 | 3,500
Insurance - GL & Public Officials Liability Insurance | 9,370 | 8,437 | 8,437
Insurance - Property Coverage | 6,800 | 0 | 0
Legal Advertisements | 1,400 | 1,400 | 630
Miscellaneous | 3,000 | 3,000 | 696
Postage | 775 | 221 | 221
Office Supplies | 1,450 | 610 | 610
Dues & Subscriptions | 175 | 175 | 175
Trustee Fees | 21,500 | 21,500 | 21,500
Continuing Disclosure Fee | 3,000 | 2,000 | 2,000
Website Management | 2,000 | 2,000 | 2,000
Property Taxes | 750 | 0 | 0
Administrative Contingency | 2,400 | 2,400 | 0
TOTAL ADMINISTRATIVE EXPENDITURES | $	142,305 | $	120,893 | $	114,987
MAINTENANCE EXPENDITURES | | |
Preserve Area Maintenance/Upkeep | 90,000 | 120,000 | 107,194
Miscellaneous Maintenance | 35,000 | 15,000 | 839
Lawn/Landscape Service - Median/Right Of Way MTE | 10,000 | 0 | 0
Mulch/Fertilizer/Pesticide | 1,900 | 0 | 0
Lift Station/Sewer Line MTE (Adagio) | 10,000 | 26,000 | 22,071
Lift Station/Sewer Line MTE (Midtown) | 30,000 | 43,000 | 38,998
Irrigation Systems Maintenance & Power | 6,200 | 2,600 | 1,603
Tree/Shrubbery Replacement | 2,000 | 0 | 0
Annual Engineer's Report & Misc Engineering | 8,000 | 3,000 | 1,311
Lake Tract MTE & Fountain MTE - DB & MT | 20,000 | 24,000 | 19,279
Roadway/Signage/Drainage | 5,400 | 0 | 0
Midtown Plaza Maintenance Reimbursement | 110,000 | 110,000 | 74,996
FPL Easement Maintenance/Upkeep | 6,250 | 0 | 0
FPL Power Sanitary Sewer Lift Stations | 7,250 | 0 | 0
TOTAL MAINTENANCE EXPENDITURES | $	342,000 | $	343,600 | $	266,291
TOTAL EXPENDITURES | $	484,305 | $	464,493 | $	381,278
REVENUES LESS EXPENDITURES | $	4,167,080 | $	4,320,631 | $	4,403,446
Bond Payments (A) | (2,162,521) | (2,250,842) | (2,250,842)
Bond Payments (A-1) | (926,643) | (945,856) | (945,856)
Bond Payments (A-2) | (814,043) | (831,392) | (831,392)
BALANCE | $	263,873 | $	292,541 | $	375,356
County Appraiser & Tax Collector Fee | (93,006) | (45,623) | (45,623)
Discounts For Early Payments | (186,017) | (160,288) | (160,288)
Excess/ (Shortfall) | $	(15,150) | $	86,630 | $	169,445
Carryover From Prior Year | 15,150 | 0 | 0
Net Excess/ (Shortfall) | $	- | $	86,630 | $	169,445

10/10/2023 2:17 PM	^I

GRAND BAY AT DORAL COMMUNITY DEVELOPMENT DISTRICT OPERATING FUND - DORAL BREEZE
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 - 9/29/23

Administrative Assessments | 29,985 | 34,266 | 34,266
Maintenance Assessments | 35,213 | 37,302 | 37,302
Debt Assessments - 2012 Bonds | 730,663 | 774,814 | 774,814
Other Revenues | 0 | 0 | 0
Interest Income | 219 | 7,840 | 7,740
TOTAL REVENUES | $	796,080 | $	854,222 | $	854,122
EXPENDITURES | | |
Maintenance Expenditures | | |
Preserve Area Maintenance/Upkeep | 13,600 | 26,000 | 23,526
Miscellaneous Maintenance | 1,000 | 1,000 | 0
Irrigation Systems MTE & Power | 3,500 | 2,600 | 1,603
Lake Tract MTE & Fountain MTE | 11,000 | 24,000 | 19,279
Lawn/Landscape Service - Median Maintenance/Right Of Way | 1,000 | 0 | 0
Mulch/Fertilizer/Pesticide | 300 | 0 | 0
FPL Easement Maintenance Upkeep | 1,000 | 0 | 0
FPL Power Lake Fountains | 0 | 0 | 0
Irrigation Repairs | 0 | 0 | 0
Tree/Shrubbery Replacement | 500 | 0 | 0
Roadway/Signage/Drainage | 400 | 0 | 0
Annual Engineer's Report & Miscellaneous Engineering | 800 | 500 | 232
Total Maintenance Expenditures | 33,100 | 54,100 | 44,640
Administrative Expenditures | | |
Management | 7,982 | 8,016 | 8,016
Supervisor Fees | 750 | 0 | 0
Payroll Taxes | 58 | 0 | 0
Field Operations | 1,050 | 1,050 | 1,050
Legal | 4,704 | 3,099 | 3,099
Assessment Roll | 2,188 | 2,188 | 2,188
Audit Fees | 1,750 | 1,555 | 1,555
Arbitrage Rebate Fee | 500 | 1,000 | 1,000
Insurance - GL & Public Officials Liability Insurance | 2,000 | 1,846 | 1,846
Insurance - Property Coverage | 300 | 0 | 0
Legal Advertisements | 306 | 306 | 138
Miscellaneous | 656 | 656 | 289
Postage | 129 | 48 | 48
Office Supplies | 318 | 133 | 133
Dues & Subscriptions | 38 | 38 | 38
Trustee Fees | 4,000 | 4,000 | 4,000
Continuing Disclosure Fee | 500 | 500 | 500
Website Management | 437 | 437 | 437
Property Taxes | 164 | 0 | 0
Administrative Contingency | 525 | 525 | 0
Total Administrative Expenditures | 28,355 | 25,397 | 24,337
TOTAL EXPENDITURES | $	61,455 | $	79,497 | $	68,977
REVENUES LESS EXPENDITURES | $	734,625 | $	774,725 | $	785,145
Bond Payments (2012) | (686,823) | (741,254) | (741,254)
BALANCE | $	47,802 | $	33,471 | $	43,891
County Appraiser & Tax Collector Fee | (15,917) | (8,174) | (8,174)
Discounts For Early Payments | (31,835) | (28,399) | (28,399)
EXCESS/ (SHORTFALL) | $	50 | $	(3,102) | $	7,318
Carryover From Prior Year | 0 | 0 | 0
NET EXCESS/ (SHORTFALL) | $	50 | $	(3,102) | $	7,318

GRAND BAY AT DORAL COMMUNITY DEVELOPMENT DISTRICT OPERATING FUND - MIDTOWN
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 - 9/29/23

Administrative Assessments | 27,717 | 31,629 | 31,629
Maintenance Assessments | 200,000 | 200,451 | 200,451
Direct Bill O&M Assessments | 0 | 0 | 0
Debt Assessments - 2014A-1 Bonds | 631,354 | 632,787 | 632,787
Debt Assessments - 2014A-2 Bonds | 616,149 | 617,557 | 617,557
Developer Contribution | 0 | 0 | 0
Other Revenues | 0 | 0 | 0
Interest Income | 89 | 3,972 | 3,872
TOTAL REVENUES | $	1,475,309 | $	1,486,396 | $	1,486,296
EXPENDITURES | | |
Maintenance Expenditures | | |
Preserve Area Maintenance/Upkeep | 13,700 | 11,000 | 9,385
Miscellaneous Maintenance | 14,300 | 5,000 | 0
Lawn/Landscape Service - Median/Right Of Way MTE | 0 | 0 | 0
Mulch/Fertilizer/Pesticide | 0 | 0 | 0
Lift Station/Sanitary Sewer Line MTE (Midtown) | 30,000 | 43,000 | 38,998
Irrigation Systems MTE & Power | 1,500 | 0 | 0
Tree/Shrubbery Replacement | 0 | 0 | 0
Roadways/Signage/Drainage | 500 | 0 | 0
Midtown Plaza Maintenance Reimbursement | 110,000 | 110,000 | 74,996
FPL Easement Maintenance/Upkeep | 2,500 | 0 | 0
FPL Power Sanitary Sewer Lift Stations | 4,500 | 0 | 0
Lake Tract MTE & Fountain MTE | 9,000 | 0 | 0
Annual Engineer's Report & Miscellaneous Engineering | 2,000 | 500 | 103
Total Maintenance Expenditures | 188,000 | 169,500 | 123,482
Administrative Expenditures | | |
Management | 3,387 | 3,317 | 3,317
Supervisor Fees | 750 | 0 | 0
Payroll Taxes | 58 | 0 | 0
Field Operations | 3,000 | 3,000 | 3,000
Legal | 1,892 | 1,246 | 1,246
Assessment Roll | 880 | 880 | 880
Audit Fees | 704 | 625 | 625
Arbitrage Rebate Fee | 1,000 | 1,000 | 1,000
Insurance - GL & Public Officials Liability Insurance | 825 | 742 | 742
Insurance - Property Coverage | 4,500 | 0 | 0
Legal Advertisements | 123 | 123 | 55
Miscellaneous | 264 | 264 | 46
Postage | 171 | 19 | 19
Office Supplies | 122 | 54 | 54
Dues & Subscriptions | 15 | 15 | 15
Trustee Fees | 7,000 | 7,000 | 7,000
Continuing Disclosure Fee | 1,000 | 500 | 500
Website Management | 176 | 176 | 176
Property Taxes | 66 | 0 | 0
Administrative Contingency | 210 | 210 | 0
Total Administrative Expenditures | 26,143 | 19,171 | 18,675
TOTAL EXPENDITURES | $	214,143 | $	188,671 | $	142,157
REVENUES LESS EXPENDITURES | $	1,261,166 | $	1,297,725 | $	1,344,139
Bond Payments - Series 2014A-1 | (593,473) | (607,477) | (607,477)
Bond Payments - Series 2014A-2 | (579,179) | (592,857) | (592,857)
BALANCE | $	88,514 | $	97,391 | $	143,805
County Appraiser & Tax Collector Fee | (29,504) | (14,359) | (14,359)
Discounts For Early Payments | (59,010) | (44,803) | (44,803)
EXCESS/ (SHORTFALL) | $	- | $	38,229 | $	84,643
Carryover From Prior Year | 0 | 0 | 0
NET EXCESS/ (SHORTFALL) | $	- | $	38,229 | $	84,643

GRAND BAY AT DORAL COMMUNITY DEVELOPMENT DISTRICT
OPERATING FUND - NORTH 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 - 9/29/23

Administrative Assessments | 14,588 | 15,967 | 15,967
Maintenance Assessments | 24,628 | 24,627 | 24,627
Debt Assessments - 2014A-1 Bonds | 354,436 | 354,441 | 354,441
Debt Assessments - 2014A-2 Bonds | 249,856 | 249,857 | 249,857
Developer Contribution - Debt | 0 | 0 | 0
Other Revenues | 0 | 0 | 0
Interest Income | 215 | 7,840 | 7,740
TOTAL REVENUES | $	643,723 | $	652,732 | $	652,632
EXPENDITURES | | |
Maintenance Expenditures | | |
Preserve Area Maintenance/Upkeep | 13,700 | 26,000 | 23,143
Miscellaneous Maintenance | 900 | 900 | 815
Lawn/Landscape Service - Median - Right Of Way Maintenance | 1,000 | 0 | 0
Mulch/Fertilizer/Pesticide | 400 | 0 | 0
Lift Station/Sewer Line MTE (Adagio) | 2,500 | 25,000 | 22,071
Irrigation Systems MTE & Power | 300 | 0 | 0
Tree/Shrubbery Replacement | 250 | 0 | 0
Roadways/Signage/Drainage | 500 | 0 | 0
FPL Easement Maintenance/Upkeep | 1,000 | 0 | 0
FPL Power Sanitary Sewer Lift Stations | 1,000 | 0 | 0
Annual Engineer's Report & Miscellaneous Engineering | 1,600 | 500 | 253
Total Maintenance Expenditures | 23,150 | 52,400 | 46,282
Administrative Expenditures | | |
Management | 4,888 | 4,829 | 4,829
Supervisor Fees | 750 | 0 | 0
Payroll Taxes | 58 | 0 | 0
Field Operations | 1,037 | 1,037 | 1,037
Legal | 4,642 | 3,058 | 3,058
Assessment Roll | 2,160 | 2,159 | 2,159
Audit Fees | 1,727 | 1,530 | 1,530
Arbitrage Rebate Fee | 1,000 | 1,000 | 1,000
Insurance - GL & Public Officials Liability Insurance | 2,023 | 1,822 | 1,822
Insurance - Property Coverage | 750 | 0 | 0
Legal Advertisements | 302 | 302 | 136
Miscellaneous | 648 | 648 | 112
Postage | 127 | 48 | 48
Office Supplies | 314 | 151 | 151
Dues & Subscriptions | 38 | 38 | 38
Trustee Fees | 7,000 | 7,000 | 7,000
Continuing Disclosure Fee | 500 | 500 | 500
Website Management | 432 | 430 | 430
Property Taxes | 162 | 0 | 0
Administrative Contingency | 520 | 0 | 0
Total Administrative Expenditures | 29,078 | 24,552 | 23,850
TOTAL EXPENDITURES | $	52,228 | $	76,952 | $	70,132
REVENUES LESS EXPENDITURES | $	591,495 | $	575,780 | $	582,500
Bond Payments - Series 2014A-1 | (333,170) | (338,379) | (338,379)
Bond Payments - Series 2014A-2 | (234,864) | (238,535) | (238,535)
BALANCE | $	23,461 | $	(1,134) | $	5,586
County Appraiser & Tax Collector Fee | (12,870) | (6,214) | (6,214)
Discounts For Early Payments | (25,741) | (22,957) | (22,957)
EXCESS/ (SHORTFALL) | $	(15,150) | $	(30,305) | $	(23,585)
Carryover From Prior Year | 15,150 | 0 | 0
NET EXCESS/ (SHORTFALL) | $	- | $	(30,305) | $	(23,585)

GRAND BAY AT DORAL COMMUNITY DEVELOPMENT DISTRICT
OPERATING FUND - SOUTH 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 - 9/29/23

Administrative Assessments | 61,917 | 65,520 | 65,520
Maintenance Assessments | 103,989 | 104,834 | 104,834
Direct Bill O&M Assessments | 0 | 19,136 | 19,136
Debt Assessments | 1,569,891 | 1,582,834 | 1,582,834
Other Revenues | 0 | 0 | 0
Interest Income | 477 | 19,450 | 19,350
TOTAL REVENUES | $	1,736,274 | $	1,791,774 | $	1,791,674
EXPENDITURES | | |
Maintenance Expenditures | | |
Preserve Area Maintenance/Upkeep | 49,000 | 57,000 | 51,164
Miscellaneous Maintenance | 18,800 | 8,100 | 0
Lawn/Landscape Service - Median - Right Of Way Maintenance | 8,000 | 0 | 0
Mulch/Fertilizer/Pesticide | 1,200 | 0 | 0
Lift Station/Sewer Line MTE (Adagio) | 7,500 | 0 | 0
Irrigation Systems MTE & Power | 900 | 0 | 0
Tree/Shrubbery Replacement | 1,250 | 0 | 0
Roadways/Signage/Drainage | 4,000 | 0 | 0
FPL Easement Maintenance/Upkeep | 1,750 | 0 | 0
FPL Power Sanitary Sewer Lift Stations | 1,750 | 0 | 0
Annual Engineer's Report & Miscellaneous Engineering | 3,600 | 1,500 | 723
Total Maintenance Expenditures | 97,750 | 66,600 | 51,887
Administrative Expenditures | | |
Management | 20,376 | 20,472 | 20,472
Supervisor Fees | 750 | 400 | 0
Payroll Taxes | 58 | 32 | 0
Field Operations | 2,233 | 2,233 | 2,233
Legal | 10,262 | 6,761 | 6,761
Assessment Roll | 4,772 | 4,773 | 4,773
Audit Fees | 3,819 | 3,390 | 3,390
Arbitrage Rebate Fee | 500 | 500 | 500
Insurance - GL & Public Officials Liability Insurance | 4,472 | 4,027 | 4,027
Insurance - Property Coverage | 1,250 | 0 | 0
Legal Advertisements | 669 | 669 | 301
Miscellaneous | 1,432 | 1,432 | 249
Postage | 348 | 106 | 106
Office Supplies | 696 | 272 | 272
Dues & Subscriptions | 84 | 84 | 84
Trustee Fees | 3,500 | 3,500 | 3,500
Continuing Disclosure Fee | 1,000 | 500 | 500
Website Management | 955 | 954 | 954
Property Taxes | 358 | 0 | 0
Administrative Contingency | 1,145 | 1,145 | 0
Total Administrative Expenditures | 58,679 | 51,250 | 48,122
TOTAL EXPENDITURES | $	156,429 | $	117,850 | $	100,009
REVENUES LESS EXPENDITURES | $	1,579,845 | $	1,673,924 | $	1,691,665
Bond Payments - Series 2016 | (1,475,697) | (1,509,588) | (1,509,588)
BALANCE | $	104,148 | $	164,336 | $	594,008
County Appraiser & Tax Collector Fee | (34,715) | (16,876) | (16,876)
Discounts For Early Payments | (69,433) | (64,129) | (64,129)
EXCESS/ (SHORTFALL) | $	- | $	83,331 | $	513,003
Carryover From Prior Year | 0 | 0 | 0
NET EXCESS/ (SHORTFALL) | $	- | $	83,331 | $	513,003

GRAND BAY AT DORAL COMMUNITY DEVELOPMENT DISTRICT DEBT SERVICE FUND SERIES 2022 - DORAL BREEZE)
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 - 9/29/23

Interest Income | 25 | 66,278 | 66,178
NAV Tax Collection | 686,823 | 741,254 | 741,254
Miscellaneous Revenue | 0 | 1,559 | 1,559
Total Revenues | $	686,848 | $	809,091 | $	808,991
EXPENDITURES | | |
Principal Payments (2012) | 0 | 9,740,000 | 9,740,000
Principal Payments (2022) | 308,000 | 308,000 | 308,000
Interest Payments (2012) | 0 | 282,397 | 282,397
Interest Payments (2022) | 362,080 | 273,111 | 273,111
Miscellaneous | 0 | 1,491 | 1,491
Bond Redemption | 16,768 | 0 | 0
Total Expenditures | $	686,848 | $	10,604,999 | $	10,604,999
Excess/ (Shortfall) | $	- | $	(9,795,908) | $	(9,796,008)

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

$10,063,617
($9,795,908)
$267,709

Notes
Revenue Account Balance = $267,709.
Revenue Account Balance To Be Used To Fund 11-1-23 Interest Payment Of $177,960.
* Approximate Amounts

Series 2012 (Doral Breeze) Bond Information
Original Par Amount = | $11,625,000 | Annual Principal Payments Due:
Interest Rate = | 5.125% - 6.00% | November 1st
Issue Date = | October 2012 | Annual Interest Payments Due:

Maturity Date =
Par Amount As Of 9-30-23 =

November 2042
$0

May 1st & November 1st

Bond was refinanced on 8-4-22 | Balance Paid Off On 11/1/22 |

Series 2022 (Doral Breeze) Bond Refunding Information
Original Par Amount = | $9,206,000 | Annual Principal Payments Due:
Interest Rate = | 4.00% | November 1st
Issue Date = | August 2022 | Annual Interest Payments Due:

Maturity Date =

Par Amount As Of 9/30/23 =

November 2042

$8,898,000

May 1st & November 1st

DEBT SERVICE FUND (SERIES 2014 - MIDTOWN) 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 - 9/29/23

Interest Income (2014A-1) | 25 | 40,094 | 40,094
Interest Income (2014A-2) | 25 | 39,166 | 39,166
NAV Tax Collection (2014-1) | 593,473 | 607,477 | 607,477
NAV Tax Collection (2014-2) | 579,179 | 592,857 | 592,857
Total Revenues | $	1,172,702 | $	1,279,594 | $	1,279,594
EXPENDITURES | | |
Principal Payments (2014A-1) | 165,000 | 165,000 | 165,000
Principal Payments (2014A-2) | 205,000 | 205,000 | 205,000
Interest Payments (2014A-1) | 428,361 | 432,893 | 432,893
Interest Payments (2014A-2) | 372,766 | 378,788 | 378,788
Bond Redemption - Series 2014A-1 | 137 | 0 | .
Bond Redemption - Series 2014A-2 | 1,438 | 0 | 0
Total Expenditures | $	1,172,702 | $	1,181,681 | $	1,181,681
Excess/ (Shortfall) | $	- | $	97,913 | $	97,913

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

$1,984,149
$97,913
$2,082,062

Notes
Reserve (A-1) Fund Balance = $605,923*. Reserve (A-2) Fund Balance = $590,820* Revenue (A-1) Fund Balance = $392,400*. Revenue (A-2) Fund Balance = $412,854* Revenue (A-1) Fund Balance To Be Used To Make 11-1-23 Interest Payment Of $212,115. Revenue (A-2) Fund Balance To Be Used To Make 11-1-23 Interest Payment Of $183,372.
* Approximate Amounts

Series 2014-1 Bond Information
Original Par Amount = | $8,390,000 | Annual Principal Payments Due:
Interest Rate = | 5.25% - 5.90% | May 1st
Issue Date = | October 2014 | Annual Interest Payments Due:
Maturity Date = | May 2045 | May 1st & November 1st
Par Amount As Of 9/30/23 = | $7,295,000 |
Series 2014-2 Bond Refunding Information
Original Par Amount = | $7,095,000 | Annual Principal Payments Due:
Interest Rate = | 5.875% - 6.5% | May 1st
Issue Date = | October 2014 | Annual Interest Payments Due:
Maturity Date = | May 2039 | May 1st & November 1st
Par Amount As Of 9/30/23 = | $5,760,000 |

DEBT SERVICE FUND (SERIES 2014 - NORTH) 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 - 9/29/23

Interest Income (2014A-1) | 25 | 13,892 | 13,792
Interest Income (2014A-2) | 25 | 8,389 | 8,289
NAV Tax Collection (2014-1) | 333,170 | 338,379 | 338,379
NAV Tax Collection (2014-2) | 234,864 | 238,535 | 238,535
Total Revenues | $	568,084 | $	599,195 | $	598,995
EXPENDITURES | | |
Principal Payments (2014A-1) | 95,000 | 95,000 | 95,000
Principal Payments (2014A-2) | 105,000 | 105,000 | 105,000
Interest Payments (2014A-1) | 237,950 | 241,850 | 241,850
Interest Payments (2014A-2) | 128,100 | 130,200 | 130,200
Bond Redemption - Series 2014A-1 | 245 | 0 | 0
Bond Redemption - Series 2014A-2 | 1,789 | 0 | 0
Total Expenditures | $	568,084 | $	572,050 | $	572,050
Excess/ (Shortfall) | $	- | $	27,145 | $	26,945

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

$505,939
$27,145
$533,084

Notes
Reserve (2014A-1) Fund Balance = $144,477*. Reserve (2014A-2) Fund Balance = $59,934* Revenue (2014A-1) Fund Balance = $196,622*. Revenue (2014A-2) Fund Balance = $132,051* Revenue (2014A-1) Fund Balance To Be Used To Make 11-1-23 Interest Payment Of $119,025. Revenue (2014A-2) Fund Balance To Be Used To Make 11-1-23 Interest Payment Of $63,000.
* Approximate Amounts

Series 2014-1 Bond Information
Original Par Amount = | $5,450,000 | Annual Principal Payments Due:
Interest Rate = | 4.00% - 5.00% | May 1st
Issue Date = | November 2014 | Annual Interest Payments Due:
Maturity Date = | May 2045 | May 1st & November 1st
Par Amount As Of 9/30/23 = | $4,800,000 |
Series 2014-2 Bond Refunding Information
Original Par Amount = | $3,295,000 | Annual Principal Payments Due:
Interest Rate = | 4.00% - 5.00% | May 1st
Issue Date = | November 2014 | Annual Interest Payments Due:
Maturity Date = | May 2039 | May 1st & November 1st
Par Amount As Of 9/30/23 = | $2,565,000 |

DEBT SERVICE FUND (SERIES 2016 - SOUTH) 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 - 9/29/23

Interest Income | 25 | 68,496 | 68,396
Miscellaneous Income | 0 | 0 | 0
NAV Tax Collection | 1,475,698 | 1,511,222 | 1,511,222
Total Revenues | $	1,475,723 | $	1,579,718 | $	1,579,618
EXPENDITURES | | |
Principal Payments | 475,000 | 475,000 | 475,000
Interest Payments | 990,606 | 1,000,700 | 1,000,700
Transfer To Construction Account | 0 | 15,320 | 15,320
Bond Redemption | 10,117 | 0 | 0
Total Expenditures | $	1,475,723 | $	1,491,020 | $	1,491,020
Excess/ (Shortfall) | $	- | $	88,698 | $	88,598

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

$1,591,106
$88,698
$1,679,804

Notes
Reserve Fund Balance = $893,655* Revenue Fund Balance = $786,149*. Revenue Fund Used To Fund 11-1-23 Interest Payment Of $490,256.
* Approximate Amounts

Original Par Amount = | $27,635,000 | Annual Principal Payments Due:
Interest Rate = | 3.5% - 5.00% | May 1st
Issue Date = | March 2016 | Annual Interest Payments Due:

Maturity Date =
Par Amount As Of 9/30/2023 =

May 2046
$20,200,000

May 1st & November 1st

	Series 2016 (South) Bond Information

10/10/2023 2:17 PM