Old Town Floridian Community Development District

Proposed Budget For Fiscal Year 2021/2022
October 1, 2021 - September 30, 2022

CONTENTS

PROPOSED BUDGET

DETAILED PROPOSED BUDGET

PROPOSED BUDGET
OLD TOWN FLORIDIAN COMMUNITY DEVELOPMENT DISTRICT FISCAL YEAR 2021/2022
OCTOBER 1, 2021 - SEPTEMBER 30, 2022

REVENUES	
FISCAL YEAR 2021/2022
BUDGET	
O&M Assessments	0	
Developer Contribution	102,775	
Debt Assessments	0	
Interest Income	0	
		
TOTAL REVENUES	$	102,775	
		
EXPENDITURES		
Administrative Expenditures		
Supervisor Fees	0	
Management	29,400	
Legal	15,000	
Assessment Roll	6,500	
Audit Fees	0	
Arbitrage Rebate Fee	0	
Insurance	6,000	
Legal Advertisements	3,000	
Miscellaneous	1,250	
Postage	300	
Office Supplies	800	
Dues & Subscriptions	175	
Website Management & ADA Compliance	1,500	
Trustee Fees	3,850	
Continuing Disclosure Fee	2,000	
Total Administrative Expenditures	$	69,775	
		
Maintenance Expenditures		
Engineering/Inspections	3,000	
Miscellaneous Maintenance	15,000	
Infrastructure Maintenance	15,000	
Total Maintenance Expenditures	$	33,000	
		
TOTAL EXPENDITURES	$	102,775	
		
REVENUES LESS EXPENDITURES	$	-	
		
Bond Payments	0	
		
BALANCE	$	-	
		
County Appraiser & Tax Collector Fee	0	
Discounts For Early Payments	0	
		
EXCESS/ (SHORTFALL)	$	-	

DETAILED PROPOSED BUDGET
OLD TOWN FLORIDIAN COMMUNITY DEVELOPMENT DISTRICT FISCAL YEAR 2021/2022
OCTOBER 1, 2021 - SEPTEMBER 30, 2022

REVENUES	
FISCAL YEAR 2019/2020 ACTUAL	
FISCAL YEAR 2020/2021 BUDGET	
FISCAL YEAR 2021/2022 BUDGET	

COMMENTS	
O&M Assessments	0	0	0		
Developer Contribution	0	79,275	102,775	Developer Contribution	
Debt Assessments	0	0	0		
Interest Income	0	0	0		
					
TOTAL REVENUES	$	-	$	79,275	$	102,775		
					
EXPENDITURES					
Administrative Expenditures					
Supervisor Fees	0	0	0		
Management	0	9,800	29,400		
Legal	0	30,000	15,000		
Assessment Roll	0	0	6,500	Will Commence In Fiscal Year Following Issuing Of Bond	
Audit Fees	0	0	0	Will Commence In Fiscal Year Following Issuing Of Bond	
Arbitrage Rebate Fee	0	0	0	Will Commence In Fiscal Year Following Issuing Of Bond	
Insurance	0	6,000	6,000		
Legal Advertisements	0	5,000	3,000		
Miscellaneous	0	1,000	1,250		
Postage	0	300	300		
Office Supplies	0	1,500	800		
Dues & Subscriptions	0	175	175	Annual Fee Due Department Of Economic Opportunity	
Website Management & ADA Compliance	0	500	1,500		
Trustee Fees	0	0	3,850	Will Commence In Fiscal Year Following Issuing Of Bond	
Continuing Disclosure Fee	0	0	2,000	Will Commence In Fiscal Year Following Issuing Of Bond	
Total Administrative Expenditures	$	-	$	54,275	$	69,775		
					
Maintenance Expenditures					
Engineering/Inspections	0	25,000	3,000	Engineers Report To Be Included In Bond Cost Of Issuance	
Miscellaneous Maintenance	0	0	15,000		
Infrastructure Maintenance	0	0	15,000		
Total Maintenance Expenditures	$	-	$	25,000	$	33,000		
					
TOTAL EXPENDITURES	$	-	$	79,275	$	102,775		
					
REVENUES LESS EXPENDITURES	$	-	$	-	$	-		
					
Bond Payments	0	0	0		
					
BALANCE	$	-	$	-	$	-		
					
County Appraiser & Tax Collector Fee	0	0	0		
Discounts For Early Payments	0	0	0		
					
EXCESS/ (SHORTFALL)	$	-	$	-	$	-