Black Creek Community Development District

Final Budget For Fiscal Year 2019/2020
October 1, 2019 - September 30, 2020

CONTENTS

FINAL BUDGET

DETAILED FINAL BUDGET

FINAL BUDGET
BLACK CREEK COMMUNITY DEVELOPMENT DISTRICT FISCAL YEAR 2019/2020
OCTOBER 1, 2019 - SEPTEMBER 30, 2020

REVENUES	
FISCAL YEAR 2019/2020 BUDGET	
O&M Assessments	0	
Developer Contribution	91,400	
Debt Assessments	0	
Interest Income	0	
		
TOTAL REVENUES	$	91,400	
		
EXPENDITURES		
Maintenance Expenditures		
Annual Engineer's Report & Inspections	1,800	
Engineering Report	0	
Field Operations Management	0	
Street/Roadway Maintenance/Signage	3,000	
Miscellaneous Maintenance	3,000	
Wall Feature Maintenance/Upkeep	6,900	
Maintenance Contingency	6,000	
TOTAL MAINTENANCE EXPENDITURES	$	20,700	
		
Administrative Expenditures		
Supervisor Fees	0	
Management	25,860	
Legal	12,000	
Assessment Roll	6,000	
Methodology Report	0	
Audit Fees	3,900	
Arbitrage Rebate Fee	650	
Insurance	6,750	
Legal Advertisements	3,600	
Miscellaneous	1,015	
Postage	600	
Office Supplies	900	
Dues & Subscriptions	175	
Trustee Fees	4,250	
Continuing Disclosure Fee	1,000	
Website Management	2,000	
Administrative Contingency	2,000	
TOTAL ADMINISTRATIVE EXPENDITURES	$	70,700	
		
TOTAL EXPENDITURES	$	91,400	

REVENUES LESS EXPENDITURES	$	-	
		
Bond Payments	0	
		
BALANCE	$	-	
		
County Appraiser & Tax Collector Fee	0	
Discounts For Early Payments	0	
		
EXCESS/ (SHORTFALL)	$	-	
Note
Net Per Unit Covenant amount is $390.00.

DETAILED FINAL BUDGET
BLACK CREEK COMMUNITY DEVELOPMENT DISTRICT FISCAL YEAR 2019/2020
OCTOBER 1, 2019 - SEPTEMBER 30, 2020

REVENUES	
FISCAL YEAR 2017/2018 ACTUAL	
FISCAL YEAR 2018/2019 BUDGET	
FISCAL YEAR 2019/2020 BUDGET	

COMMENTS	
O&M Assessments	0	0	0		
Developer Contribution	0	67,075	91,400	Developer Contribution	
Debt Assessments	0	0	0		
Interest Income	0	0	0		
					
TOTAL REVENUES	$	-	$	67,075	$	91,400		
					
EXPENDITURES					
Maintenance Expenditures					
Annual Engineer's Report & Inspections	0	0	1,800	Annual Engineer's Report & Inspections	
Engineering Report	0	15,000	0		
Field Operations Management	0	0	0	Will Commence In First Year District Is On Tax Roll	
Street/Roadway Maintenance/Signage	0	1,500	3,000	General Street/Sign Mte & Drain Cleaning	
Miscellaneous Maintenance	0	1,500	3,000	Miscellaneous Maintenance	
Wall Feature Maintenance/Upkeep	0	1,500	6,900	Wall Maintenance/Painting/Upkeep	
Maintenance Contingency	0	1,500	6,000	Maintenance Contingency	
TOTAL MAINTENANCE EXPENDITURES	$	-	$	21,000	$	20,700		
					
Administrative Expenditures					
Supervisor Fees	0	0	0		
Management	0	10,775	25,860	Twelve Months At $2,155 Per Month	
Legal	0	7,500	12,000		
Assessment Roll	0	0	6,000	Will Commence In Fiscal Year Following Issuing Of Bond	
Methodology Report	0	17,500	0		
Audit Fees	0	0	3,900	Will Commence In Fiscal Year Following Issuing Of Bond	
Arbitrage Rebate Fee	0	0	650	Will Commence In Fiscal Year Following Issuing Of Bond	
Insurance	0	5,000	6,750		
Legal Advertisements	0	2,500	3,600		
Miscellaneous	0	700	1,015		
Postage	0	200	600		
Office Supplies	0	600	900		
Dues & Subscriptions	0	175	175		
Trustee Fees	0	0	4,250	Will Commence In Fiscal Year Following Issuing Of Bond	
Continuing Disclosure Fee	0	0	1,000	Will Commence In Fiscal Year Following Issuing Of Bond	
Website Management	0	625	2,000		
Administrative Contingency	0	500	2,000		
TOTAL ADMINISTRATIVE EXPENDITURES	$	-	$	46,075	$	70,700		
					
TOTAL EXPENDITURES	$	-	$	67,075	$	91,400		

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)	$	-	$	-	$	-		

Note
Net Per Unit Covenant amount is $390.00.