Central Parc Community Development District

Proposed Budget For Fiscal Year 2022/2023
October 1, 2022 - September 30, 2023

CONTENTS

PROPOSED BUDGET

DETAILED PROPOSED BUDGET

PROPOSED BUDGET
CENTRAL PARC COMMUNITY DEVELOPMENT DISTRICT FISCAL YEAR 2022/2023
OCTOBER 1, 2022 - SEPTEMBER 30, 2023

REVENUES	
FISCAL YEAR 2022/2023
BUDGET	
O&M Assessments	0	
Developer Contribution	101,531	
Debt Assessments	0	
Interest Income	0	
		
TOTAL REVENUES	$	101,531	
		
EXPENDITURES		
Supervisor Fees	0	
Engineering/Inspections/Report	7,000	
Management	25,056	
Legal	40,000	
Assessment Roll	4,000	
Audit Fees	4,000	
Arbitrage Rebate Fee	0	
Insurance	5,500	
Legal Advertisements	11,500	
Miscellaneous	1,500	
Postage	300	
Office Supplies	1,500	
Dues & Subscriptions	175	
Website Management	1,000	
Trustee Fees	0	
Continuing Disclosure Fee	0	
		
TOTAL EXPENDITURES	$	101,531	
		
REVENUES LESS EXPENDITURES	$	-	
		
Bond Payments	0	
		
BALANCE	$	-	
		
County Appraiser & Tax Collector Fee	0	
Discounts For Early Payments	0	
		
EXCESS/ (SHORTFALL)	$	-	

DETAILED PROPOSED BUDGET
CENTRAL PARC COMMUNITY DEVELOPMENT DISTRICT FISCAL YEAR 2022/2023
OCTOBER 1, 2022 - SEPTEMBER 30, 2023

REVENUES	
FISCAL YEAR 2020/2021 ACTUAL	
FISCAL YEAR 2021/2022 BUDGET	
FISCAL YEAR 2022/2023 BUDGET	

COMMENTS	
O&M Assessments	0	0	0		
Developer Contribution	73,160	101,811	101,531	Developer Contribution	
Debt Assessments	0	0	0		
Interest Income	6	0	0		
					
TOTAL REVENUES	$	73,166	$	101,811	$	101,531		
					
EXPENDITURES					
Supervisor Fees	0	0	0		
Engineering/Inspections/Report	1,145	7,000	7,000		
Management	24,000	24,336	25,056	CPI Adjustment (Capped At 3%)	
Legal	15,874	40,000	40,000		
Assessment Roll	0	4,000	4,000	For 2023 Assessment Roll	
Audit Fees	3,400	4,000	4,000		
Arbitrage Rebate Fee	0	0	0	Will Commence In Fiscal Year Following Issuing Of Bond	
Insurance	5,000	5,500	5,500	Insurance Estimate	
Legal Advertisements	1,075	12,500	11,500	$1,000 Decrease From 2021/2022 Budget	
Miscellaneous	62	1,500	1,500	No Change From 2021/2022 Budget	
Postage	8	300	300	No Change From 2021/2022 Budget	
Office Supplies	174	1,500	1,500	No Change From 2021/2022 Budget	
Dues & Subscriptions	175	175	175	Annual Fee Due Department Of Economic Opportunity	
Website Management	1,000	1,000	1,000	$1,000 Per Year	
Trustee Fees	0	0	0	Will Commence In Fiscal Year Following Issuing Of Bond	
Continuing Disclosure Fee	0	0	0	Will Commence In Fiscal Year Following Issuing Of Bond	
					
TOTAL EXPENDITURES	$	51,913	$	101,811	$	101,531		
					
REVENUES LESS EXPENDITURES	$	21,253	$	-	$	-		
					
Bond Payments	0	0	0		
					
BALANCE	$	21,253	$	-	$	-		
					
County Appraiser & Tax Collector Fee	0	0	0		
Discounts For Early Payments	0	0	0		
					
EXCESS/ (SHORTFALL)	$	21,253	$	-	$	-