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

AMENDED FINAL BUDGET

Meadow Pines 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

MEADOW PINES 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 | 96,348 | 98,233 | 98,233
Debt Assessments | 690,183 | 693,560 | 693,560
Other Revenues | 200 | 0 | 0
Interest Income | 240 | 3,550 | 3,461
TOTAL REVENUES | $	786,971 | $	795,343 | $	795,254
EXPENDITURES | | |
Supervisor Fees | 2,400 | 1,600 | 600
Payroll Taxes | 200 | 125 | 46
Engineering | 5,000 | 2,500 | 0
Management | 14,832 | 14,832 | 13,596
Legal | 8,000 | 8,000 | 5,821
Assessment Roll | 6,000 | 6,000 | 0
Audit Fees | 3,400 | 3,400 | 3,400
Arbitrage Rebate Fee | 600 | 600 | 600
Insurance | 6,700 | 6,311 | 6,311
Legal Advertisements | 700 | 700 | 498
Miscellaneous | 550 | 900 | 668
Postage | 150 | 300 | 268
Office Supplies | 250 | 225 | 178
Dues & Subscriptions | 175 | 175 | 175
Trustee Fees | 6,820 | 6,815 | 6,815
Continuing Disclosure Fee | 1,000 | 1,000 | 1,000
Website Management | 2,000 | 2,000 | 1,833
Stormwater Management | 22,230 | 22,230 | 15,180
Perimeter Fence Repairs | 3,000 | 1,000 | 0
Miscellaneous Maintenance | 3,000 | 7,500 | 5,000
Reserve | 4,000 | 2,000 | 0
TOTAL EXPENDITURES | $	91,007 | $	88,213 | $	61,989
REVENUES LESS EXPENDITURES | $	695,964 | $	707,130 | $	733,265
Bond Payments | (648,772) | (653,577) | (653,577)
BALANCE | $	47,192 | $	53,553 | $	79,688
County Appraiser & Tax Collector Fee | (15,731) | (16,789) | (16,789)
Discounts For Early Payments | (31,461) | (28,768) | (28,768)
EXCESS/ (SHORTFALL) | $	- | $	7,996 | $	34,131
Carryover From Prior Year | 0 | 0 | 0
NET EXCESS/ (SHORTFALL) | $	- | $	7,996 | $	34,131

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

$23,501
$7,996
$31,497

MEADOW PINES 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 | 23,811 | 22,811
NAV Tax Collection | 648,772 | 653,577 | 653,577
Prepaid Bond Collection | 0 | 0 | 0
Total Revenues | $	648,797 | $	677,388 | $	676,388
EXPENDITURES | | |
Principal Payments (2014A-1) | 315,000 | 315,000 | 315,000
Principal Payments (2014A-B) | 60,000 | 60,000 | 60,000
Bond Redemption | 6,103 | 0 | 0
Interest Payments (2014A-1) | 209,294 | 215,279 | 215,279
Interest Payments (2014A-B) | 58,400 | 60,125 | 60,125
Total Expenditures | $	648,797 | $	650,404 | $	650,404
Excess/ (Shortfall) | $	- | $	26,984 | $	25,984

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

$569,535
$26,984
$596,519

Notes
Reserve Fund (2014-1) Balance = $265,017*. Reserve Fund (2014-2) Balance = $60,100*. Revenue Fund Balance = $269,308*. Prepayment Fund = $2,094*.
Revenue Fund Balance To Be Used To Make 2014-1 11/1/2023 Interest Payment Of $101,654 and 2014-2 11/1/2023 Interest Payment Of $28,338.
* Approximate Amounts

Series 2014-1 Bond Refunding Information |
Original Par Amount = | $7,125,000 | Annual Principal Payments Due:
Interest Rate = | 1.05% - 4.625% | May 1st
Issue Date = | May 2014 | Annual Interest Payments Due:
Maturity Date = | May 2034 | May 1st & November 1st
Par Amount As Of 9/30/23 = | $4,565,000 |
Series 2014-2 Bond Refunding Information | |
Original Par Amount = | $1,385,000 | Annual Principal Payments Due:
Interest Rate = | 5.75% - 6.00% | May 1st
Issue Date = | May 2014 | Annual Interest Payments Due:
Maturity Date = | May 2034 | May 1st & November 1st
Par Amount As Of 9/30/23 = | $950,000 |

9/12/2023 12:04 PM