Everlands Community Development District

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

CONTENTS

AMENDED FINAL OPERATING FUND BUDGET

AMENDED FINAL DEBT SERVICE FUND BUDGET

FISCAL YEAR 2021/2022 OCTOBER 1, 2021 - SEPTEMBER 30, 2022

REVENUES	FISCAL YEAR 2021/2022 BUDGET 10/1/21 - 9/30/22	AMENDED FINAL BUDGET
10/1/21 - 9/30/22	YEAR TO DATE ACTUAL
10/1/21 - 9/29/22	
O & M Assessments	0	0	0	
Debt Assessments	0	0	0	
Developer Contribution - O&M	84,475	84,475	79,475	
Developer Contribution - Debt	0	53,731	53,731	
Interest Income	0	0	1	
Total Revenues	$	84,475	$	138,206	$	133,207	
				
EXPENDITURES				
Supervisor Fees	0	0	0	
Engineering/Inspections	2,500	14,000	11,033	
Management	36,000	36,000	36,000	
Legal	20,000	13,000	10,489	
Assessment Roll	7,500	7,500	7,500	
Audit Fees	4,000	3,200	3,200	
Insurance	5,500	5,175	5,175	
Legal Advertisements	6,000	6,000	5,287	
Miscellaneous	1,000	750	512	
Postage	300	320	308	
Office Supplies	1,500	525	487	
Dues & Subscriptions	175	175	175	
Arbitrage Rebate Fee	0	0	0	
Trustee Fee	0	0	0	
Continuing Disclosure Fee	0	500	500	
Total Expenditures	$	84,475	$	87,145	$	80,666	
				
Revenues Less Expenditures	$	-	$	51,061	$	52,541	
				
Bond Payments	0	(53,731)	(53,731)	
				
BALANCE	$	-	$	(2,670)	$	(1,190)	
				
County Appraiser & Tax Collector Fee	0	0	0	
Discounts For Early Payments	0	0	0	
				
Excess/ (Shortfall)	$	-	$	(2,670)	$	(1,190)	
				
Carryover From Prior Year	0	0	0	
				
NET EXCESS/ (SHORTFALL)	$	-	$	(2,670)	$	(1,190)	

Fund Balance As Of 9/30/21	
FY 2021/2022 Activity	
Fund Balance As Of 9/30/22	

$4,295	
($2,670)	
$1,625	

10/20/2022 2:35 PM

DEBT SERVICE FUND - SERIES 2022 FISCAL YEAR 2021/2022
OCTOBER 1, 2021 - SEPTEMBER 30, 2022

REVENUES	FISCAL YEAR 2021/2022 BUDGET 10/1/21 - 9/30/22	AMENDED FINAL BUDGET
10/1/21 - 9/30/22	YEAR TO DATE ACTUAL
10/1/21 - 9/29/22	
Interest Income	0	2	2	
NAV Assessment Collection	0	0	0	
Bond Proceeds	0	61,265	61,265	
Developer Contribution - Debt	0	53,731	53,731	
Total Revenues	$	-	$	114,998	$	114,998	
				
EXPENDITURES				
Principal Payments	0	0	0	
Interest Payments	0	70,447	70,447	
Bond Redemption	0	0	0	
Transfer To Construction Fund	0	0	0	
Total Expenditures	$	-	$	70,447	$	70,447	
				
Excess/ (Shortfall)	$	-	$	44,551	$	44,551	

FUND BALANCE AS OF 9/30/21	
FY 2021/2022 ACTIVITY	
FUND BALANCE AS OF 9/30/22	

$0	
$44,551	
$44,551	

Notes
Reserve Fund Balance = $44,551*. Revenue Account Balance = $0* 12/15/2022 Principal & Interest Payment Of $123,731 To Be Developer Funded (Principal: $70,000 + Interest: $53,730.63 = $123,731).
Capital Projects Debt Proceeds = $3,138,735. Total Bond Proceeds = $3,200,000. FY 2021/2022 Cost Of Issuance = $252,550.
Fiscal Year 2021/2022 Capital Outlays = $2,971,980.
* Approximate Amounts

Series 2021 Bond Information

Original Par Amount =	$3,200,000	Annual Principal Payments Due:	
Interest Rate =	2.20% - 4.00%	December 15th	
Issue Date =	October 2021	Annual Interest Payments Due:	
Maturity Date =	December 2051	June 15th & December 15th	

Par Amount As Of 9/30/22 =	
$3,200,000		

10/20/2022 2:35 PM	
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