Beeline
Community Development District

Amended Final Budget For Fiscal Year 2024/2025
October 1, 2024 - September 30, 2025

CONTENTS

I

AMENDED FINAL OPERATING FUND BUDGET

II

AMENDED FINAL DEBT SERVICE BUDGET

AMENDED FINAL BUDGET
BEELINE COMMUNITY DEVELOPMENT DISTRICT OPERATING FUND
FISCAL YEAR 2024/2025 OCTOBER 1, 2024 - SEPTEMBER 30, 2025

I

$139,154

$7,257

$146,411

Fund Balance As Of 9/30/2024

FY 2024/2025 Activity

Projected Fund Balance As Of 9/30/2025

REVENUES

FISCAL YEAR 2024/2025 BUDGET
10/1/24 - 9/30/25

AMENDED FINAL BUDGET
10/1/24 - 9/30/25

YEAR TO DATE ACTUAL
10/1/24 - 9/29/25

O & M Assessments

318,779

79,211

79,211

Utility Fee Income

0

239,979

239,979

Debt Assessments

643,406

643,868

643,868

Other Revenues

0

0

0

Interest Income

0

0

0

Total Income

$	962,185

$	963,058

$	963,058

EXPENDITURES

Supervisor Fees

7,000

2,600

2,600

Payroll Taxes - Employer

560

199

199

Signage Maintenance

1,000

0

0

Surface Water Maintenance

7,500

5,985

5,985

Engineering/Inspections

13,000

12,000

10,657

Management - General

53,364

53,364

53,364

Management - Signage

744

744

744

Management - Surface Water

18,636

18,636

18,636

Secretarial

4,200

4,200

4,200

Legal

19,000

11,020

10,020

Assessment Roll

5,000

5,000

5,000

Audit Fees

5,300

4,900

4,900

Arbitrage Rebate Calculation Fee

650

650

650

Insurance

8,500

7,075

7,075

Legal Advertising

1,500

2,000

828

Miscellaneous Expense

3,200

1,300

886

Postage/Office Supplies

1,400

500

419

Dues & Subscriptions

175

175

175

Trustee Fee

3,500

3,500

3,500

Contingency - Repairs & Maintenance (Pump Repairs, Etc.)

15,000

33,000

27,967

Maintenance - Lakes & Canals

25,000

24,420

24,420

Management Fee - Bishop

69,000

69,000

69,000

Bishop - Insurance

9,800

10,211

10,211

Electricity

8,500

5,646

5,646

Contract Maintenance

33,000

33,000

33,000

Security Services

2,250

0

0

Website Management

2,000

2,000

2,000

Total Expenditures

$	318,779

$	311,125

$	302,082

FY 2024/2025 Excess Of Revenues Over Expenditures

$	643,406

$	651,933

$	660,976

Bond Payments

(604,800)

(611,493)

(611,493)

Balance

$	38,606

$	40,440

$	49,483

County Appraiser & Tax Collector Fee

(12,869)

(7,447)

(7,447)

Discounts For Early Payments

(25,737)

(25,736)

(25,736)

EXCESS/ (SHORTFALL)

$	-

$	7,257

$	16,300

AMENDED FINAL BUDGET
BEELINE COMMUNITY DEVELOPMENT DISTRICT DEBT SERVICE FUND
FISCAL YEAR 2024/2025 OCTOBER 1, 2024 - SEPTEMBER 30, 2025

Notes
Reserve Fund Balance = $176,668*. Revenue Fund Balance = $232,220*. Revenue Fund Balance Used To Make 11/1/2025 Interest Payment Of $114,800.
* Approximate Amounts

Series 2018 Bond Refunding Information

Original Par Amount = Interest Rate =
Issue Date =
Maturity Date =

$8,200,000 4.00%
March 2018
May 2037

Annual Principal Payments Due: May 1st
Annual Interest Payments Due:
May 1st & November 1st

Par Amount As Of 9/30/25 =

$5,740,000

II

$387,045

$21,843

$408,888

Fund Balance As Of 9/30/2024

FY 2024/2025 Activity

Projected Fund Balance As Of 9/30/2025

REVENUES

FISCAL YEAR 2024/2025 BUDGET
10/1/24 - 9/30/25

AMENDED FINAL BUDGET
10/1/24 - 9/30/25

YEAR TO DATE ACTUAL
10/1/24 - 9/29/25

Interest Income

500

19,550

19,550

Debt Assessments

604,800

611,493

611,493

Total Revenues

$	605,300

$	631,043

$	631,043

EXPENDITURES

Principal Payments

365,000

365,000

365,000

Interest Payments

236,900

244,200

244,200

Bond Redemption

3,400

0

0

Total Expenditures

$	605,300

$	609,200

$	609,200

FY 2024/2025 Excess Of Revenues Over Expenditures

$	-

$	21,843

$	21,843