Title: JE Amended Final Budget 2020-2021.xlsx
Author: JWalker

AMENDED FINAL BUDGET

Journey's End Community Development District

Amended Final Budget For Fiscal Year 2020/2021
October 1, 2020 - September 30, 2021

CONTENTS

AMENDED FINAL OPERATING FUND BUDGET

AMENDED FINAL DEBT SERVICE FUND BUDGET (SERIES 2008)

JOURNEY'S END COMMUNITY DEVELOPMENT DISTRICT OPERATING FUND
FISCAL YEAR 2020/2021 OCTOBER 1, 2020 - SEPTEMBER 30, 2021

REVENUES

FISCAL YEAR 2019/2020 BUDGET 10/1/20 - 9/30/21

AMENDED FINAL BUDGET
10/1/20 - 9/30/21

YEAR TO DATE ACTUAL
10/1/20 - 8/31/21

O & M Assessments | 148,104 | 147,852 | 147,852
Other Revenues | 0 | 0 | 0
County Appraiser & Tax Collector Fee | (2,962) | (2,300) | (2,300)
Discounts For Early Payments | (5,924) | (5,614) | (5,614)
Interest Income | 300 | 925 | 916
Total Revenues | $	139,518 | $	140,863 | $	140,854
EXPENDITURES | | |
Supervisor Fees | 5,000 | 3,000 | 2,000
Payroll Taxes (Employer) | 383 | 223 | 153
Infrastructure Maintenance | 2,500 | 1,000 | 0
Stormwater Management | 2,500 | 1,000 | 0
Lake Maintenance | 20,000 | 20,000 | 16,427
Engineering | 7,000 | 7,000 | 4,576
Management | 18,000 | 18,000 | 16,500
Secretarial | 3,000 | 3,000 | 2,750
Legal | 9,500 | 9,000 | 6,410
Assessment Roll | 5,000 | 5,000 | 0
Audit Fees | 3,700 | 3,700 | 3,700
Insurance | 6,000 | 5,513 | 5,513
Legal Advertisements | 1,100 | 1,100 | 750
Miscellaneous | 1,200 | 800 | 302
Postage | 225 | 75 | 55
Office Supplies | 525 | 250 | 157
Dues & Subscriptions | 175 | 175 | 175
Trustee Fee | 5,100 | 5,099 | 5,099
Website Management | 1,500 | 1,500 | 1,375
Reserve | 12,110 | 12,110 | 0
Capital Projects | 35,000 | 35,000 | 0
TOTAL EXPENDITURES | $	139,518 | $	132,545 | $	65,942
Excess/ (Shortfall) | $	- | $	8,318 | $	74,912
Carryover From Prior Year | 0 | - | -
Net Excess/ (Shortfall) | $	- | $	8,318 | $	74,912
FUND BALANCE AS OF 9/30/20 | | $413,564 |
FY 2020/2021 ACTIVITY | | $8,318 |
FUND BALANCE AS OF 9/30/21 | | $421,882 |
RESERVE FUNDS AS OF 9/30/21 | | $253,008 |
NET FUND BALANCE AS OF 9/30/21 | | $168,874 |

Note: Unused FY 2020/2021 Reserve/Capital Funds To Be Added To Reserve Fund Balance In Fiscal Year 2021/2022

JOURNEY'S END COMMUNITY DEVELOPMENT DISTRICT DEBT SERVICE FUND (SERIES 2008)
FISCAL YEAR 2020/2021 OCTOBER 1, 2020 - SEPTEMBER 30, 2021

REVENUES

FISCAL YEAR 2019/2020 BUDGET
10/1/20 - 9/30/21

AMENDED FINAL BUDGET
10/1/20 - 9/30/21

YEAR TO DATE ACTUAL
10/1/20 - 8/31/21

Interest Income | 50 | 6 | 6
NAV Tax Collection | 181,523 | 183,601 | 183,601
Prepaid Bond Collection | 0 | 0 | 0
Total Revenues | $	181,573 | $	183,607 | $	183,607
EXPENDITURES | | |
Principal Payments | 125,000 | 125,000 | 125,000
Additional Principal Payments | 3,208 | 0 | 0
Interest Payments | 53,365 | 56,444 | 56,444
Total Expenditures | $	181,573 | $	181,444 | $	181,444
Excess/ (Shortfall) | $	- | $	2,163 | $	2,163

FUND BALANCE AS OF 9/30/20
FY 2020/2021 ACTIVITY
FUND BALANCE AS OF 9/30/21

$75,502
$2,163
$77,665

Note: Reserve Fund Balance = $18,230* Revenue Fund Balance = $59,435*. Revenue Fund Balance To Be Used To Make 11/1/2021 Interest Payment Of $25,375.
* Approximate Amounts

Series 2008 Refunding Bond Information |
Original Par Amount = | $2,300,000 | Annual Principal Payments Due:
Interest Rate = | 4.82% | May 1st
Issue Date = | August 2008 | Annual Interest Payments Due:
Maturity Date = | May 2028 | May 1st & November 1st
Par Amount As Of 8/31/21 = | $1,030,000 |

8/29/2021 12:02 PM