Beeline
Community Development District

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

CONTENTS

I	AMENDED FINAL OPERATING FUND BUDGET II	AMENDED FINAL DEBT SERVICE BUDGET

BEELINE 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 - 9/29/21	
O & M Assessments	301,315	323,899	323,899	
Debt Assessments	643,406	643,445	643,445	
Other Revenues	82,500	2,348	2,348	
Other Revenues - Capital	0	150,000	20,000	
Interest Income	0	0	0	
Total Income	$	1,027,221	$	1,119,692	$	989,692	
				
EXPENDITURES				
Supervisor Fees	8,000	5,800	5,800	
Payroll Taxes - Employer	640	444	444	
Fire Protection Maintenance	1,000	11,000	9,352	
Signage Maintenance	1,000	0	0	
Surface Water Maintenance	7,500	5,985	5,985	
Engineering/Inspections	17,000	11,900	8,900	
Management - General	48,168	48,168	48,168	
Management - Signage	696	696	696	
Management - Surface Water	16,836	16,836	16,836	
Secretarial	4,200	4,200	4,200	
Legal	22,000	9,783	9,783	
Assessment Roll	5,000	5,000	5,000	
Audit Fees	4,900	4,900	4,900	
Arbitrage Rebate Calculation Fee	650	650	650	
Telephone	5,300	5,376	5,376	
Insurance	8,500	7,698	7,698	
Legal Advertising	1,400	2,200	1,968	
Miscellaneous Expense	3,300	2,800	2,620	
Postage/Office Supplies	1,800	500	472	
Dues & Subscriptions	175	175	175	
Trustee Fee	3,500	3,500	3,500	
Continuing Disclosure Fee	1,000	0	0	
Legal - Greenberg Traurig (Reimbursed By Landowners)	2,000	1,565	1,565	
Property Taxes (Reimbursed By Landowners)	73,000	0	0	
Contingency (Emergency Power System - Computer For Camera System)	10,000	20,000	14,984	
Maintenance - Lakes & Canals	20,000	24,420	24,420	
Management Fee - Bishop	69,000	82,500	82,500	
Bishop - Insurance	7,500	7,584	7,584	
Electricity	12,000	9,654	9,654	
Contract Maintenance	24,000	24,000	24,000	
ADT (Security) Services	1,750	2,100	1,602	
Capital Outlay - FPS Phase II	0	150,000	20,487	
Website Management	2,000	2,000	2,000	
Total Expenditures	$	383,815	$	471,434	$	331,319	
				
FY 2020/2021 Excess Of Revenues Over Expenditures	$	643,406	$	648,258	$	658,373	
				
Bond Payments	(604,800)	(611,493)	$	(611,493)	
				
Balance	$	38,606	$	36,765	$	46,880	
				
County Appraiser & Tax Collector Fee	(12,869)	(7,447)	(7,447)	
Discounts For Early Payments	(25,737)	(25,736)	(25,736)	
				
EXCESS/ (SHORTFALL)	$	-	$	3,582	$	13,697	

Fund Balance As Of 9/30/2020	
FY 2020/2021 Activity	
Projected Fund Balance As Of 9/30/2021	

$96,544	
$3,582	
$100,126	

Notes
Amended Budget For Capital Outlay - FPS Phase II Is For The Estimated Cost Of Project Fund Balance Includes FP&L Security Deposits ($17,320)
Capital Fund Bank Balance As Of 9/30/21: $7,516

I

BEELINE COMMUNITY DEVELOPMENT DISTRICT DEBT SERVICE 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 - 9/29/21	
Interest Income	500	39	39	
Debt Assessments	604,800	611,493	611,493	
Total Revenues	$	605,300	$	611,532	$	611,532	
				
EXPENDITURES				
Principal Payments	310,000	310,000	310,000	
Interest Payments	290,800	297,000	297,000	
Bond Redemption	4,500	0	0	
Total Expenditures	$	605,300	$	607,000	$	607,000	
				
FY 2020/2021 Excess Of Revenues Over Expenditures	$	-	$	4,532	$	4,532	

Fund Balance As Of 9/30/2020	
FY 2020/2021 Activity	
Projected Fund Balance As Of 9/30/2021	

$332,605	
$4,532	
$337,137	

Notes
Reserve Fund Balance = $154,047*. Revenue Fund Balance = $183,090*. Revenue Fund Balance Used To Make 11/1/2021 Interest Payment Of $142,300.
* Approximate Amounts

Series 2018 Bond Refunding Information		
Original Par Amount =	$8,200,000	Annual Principal Payments Due:	
Interest Rate =	4.00%	May 1st	
Issue Date =	March 2018	Annual Interest Payments Due:	
Maturity Date =	May 2037	May 1st & November 1st	
Par Amount As Of 9/30/21 =	$7,115,000		

II