Hypoluxo/Haverhill 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

AMENDED FINAL BUDGET
HYPOLUXO/HAVERHILL COMMUNITY DEVELOPMENT DISTRICT OPERATING FUND
FISCAL YEAR 2020/2021 OCTOBER 1, 2020 - SEPTEMBER 30, 2021

REVENUES	FISCAL YEAR 2020/2021 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	69,021	69,064	69,064	
Debt Assessments	99,827	99,870	99,870	
Other Revenues	0	0	0	
Interest Income	120	165	162	
				
TOTAL REVENUES	$	168,968	$	169,099	$	169,096	
				
EXPENDITURES				
Supervisor Fees	5,000	3,400	3,400	
Payroll Taxes - Employer	400	260	260	
Engineering/Inspections	2,500	11,000	9,842	
Management	25,800	25,800	25,800	
Secretarial	4,200	4,200	4,200	
Legal	7,000	8,500	7,444	
Assessment Roll	5,000	5,000	5,000	
Audit Fees	3,400	3,400	3,400	
Insurance	6,000	5,513	5,513	
Legal Advertisements	1,100	1,100	767	
Miscellaneous	750	750	382	
Postage	200	225	216	
Office Supplies	375	325	289	
Dues & Subscriptions	175	175	175	
Trustee Fee	3,700	3,180	3,180	
Lake Maintenance	5,800	9,000	7,916	
Tree Trimming/Removal	0	8,500	0	
Website Management	2,000	2,000	2,000	
TOTAL EXPENDITURES	$	73,400	$	92,328	$	79,784	
				
REVENUES LESS EXPENDITURES	$	95,568	$	76,771	$	89,312	
				
Bond Payments	(93,837)	(95,059)	(95,059)	
				
BALANCE	$	1,731	$	(18,288)	$	(5,747)	
				
County Appraiser & Tax Collector Fee	(3,377)	(2,188)	(2,188)	
Discounts For Early Payments	(6,754)	(6,500)	(6,522)	
				
EXCESS/ (SHORTFALL)	$	(8,400)	$	(26,976)	$	(14,457)	
				
Carryover From Prior Year	8,400	0	0	
				
NET EXCESS/ (SHORTFALL)	$	-	$	(26,976)	$	(14,457)	

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

$52,288	
($26,976)	
$25,312	

.
Notes
Carryover From Prior Year Of $8,400 was used to reduce Fiscal Year 2020/2021 Assessments.

9/30/2021  3:31 PM	I

AMENDED FINAL BUDGET
HYPOLUXO/HAVERHILL COMMUNITY DEVELOPMENT DISTRICT DEBT SERVICE FUND
FISCAL YEAR 2020/2021 OCTOBER 1, 2020 - SEPTEMBER 30, 2021

REVENUES	FISCAL YEAR 2020/2021 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	50	3	3	
NAV Tax Collection	93,837	95,059	95,059	
Total Revenues	$	93,887	$	95,062	$	95,062	
				
EXPENDITURES				
Principal Payments (2017)	70,000	70,000	70,000	
Interest Payments (2017)	22,680	23,562	23,562	
Bond Redemption	1,207	0	0	
Total Expenditures	$	93,887	$	93,562	$	93,562	
				
Excess/ (Shortfall)	$	-	$	1,500	$	1,500	

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

$60,339	
$1,500	
$61,839	

Notes
Reserve Fund Balance = $10,000*. Revenue Fund Balance = $51,839*.
Revenue Fund Balance To Be Used To Make 11/1/2021 Interest Payment Of $10,899.
* Approximate Amounts

Series 2017 Bond Refunding Information
Original Par Amount =	$1,195,000	Annual Principal Payments Due =	
Interest Rate =	2.52% - 6.75%	May 1st	
Issue Date =	January 2017	Annual Interest Payments Due =	
Maturity Date =

Par Amount As Of 9/30/21 =	May 2033

$865,000	May 1st & November 1st	

9/30/2021 3:31 PM	II