Hypoluxo/Haverhill Community Development District

Amended Final Budget For Fiscal Year 2021/2022
October 1, 2021 - September 30, 2022

CONTENTS

AMENDED FINAL OPERATING FUND BUDGET

AMENDED FINAL DEBT SERVICE FUND BUDGET

AMENDED FINAL BUDGET
HYPOLUXO/HAVERHILL COMMUNITY DEVELOPMENT DISTRICT OPERATING FUND
FISCAL YEAR 2021/2022 OCTOBER 1, 2021 - SEPTEMBER 30, 2022

REVENUES	FISCAL YEAR 2021/2022 BUDGET
10/1/21 - 9/30/22	AMENDED FINAL BUDGET
10/1/21 - 9/30/22	YEAR TO DATE ACTUAL
10/1/21 - 9/29/22	
O & M Assessments	82,649	82,670	82,670	
Debt Assessments	99,827	99,837	99,837	
Other Revenues	0	0	0	
Interest Income	120	7	7	
				
TOTAL REVENUES	$	182,596	$	182,514	$	182,514	
				
EXPENDITURES				
Supervisor Fees	5,000	4,000	4,000	
Payroll Taxes - Employer	400	306	306	
Engineering/Inspections	2,500	6,500	5,225	
Management	26,160	26,160	26,160	
Secretarial	4,200	4,200	4,200	
Legal	7,000	7,570	7,570	
Assessment Roll	5,000	5,000	5,000	
Audit Fees	3,500	3,500	3,500	
Insurance	6,000	5,706	5,706	
Legal Advertisements	1,100	2,000	1,657	
Miscellaneous	700	700	403	
Postage	225	75	70	
Office Supplies	350	375	347	
Dues & Subscriptions	175	175	175	
Trustee Fee	3,500	3,180	3,180	
Lake Maintenance	10,000	9,000	7,501	
Miscellaneous Maintenance (Tree Work)	0	7,585	7,585	
Website Management	2,000	2,000	2,000	
TOTAL EXPENDITURES	$	77,810	$	88,032	$	84,585	
				
REVENUES LESS EXPENDITURES	$	104,786	$	94,482	$	97,929	
				
Bond Payments	(93,837)	(95,059)	(95,059)	
				
BALANCE	$	10,949	$	(577)	$	2,870	
				
County Appraiser & Tax Collector Fee	(3,650)	(2,568)	(2,568)	
Discounts For Early Payments	(7,299)	(6,740)	(6,740)	
				
EXCESS/ (SHORTFALL)	$	-	$	(9,885)	$	(6,438)	
				
Carryover From Prior Year	0	0	0	
				
NET EXCESS/ (SHORTFALL)	$	-	$	(9,885)	$	(6,438)	

FUND BALANCE AS OF 9/30/21	
FY 2021/2022 ACTIVITY	
FUND BALANCE AS OF 9/30/22	

$38,239	
($9,885)	
$28,354	

.
Notes
Carryover From Prior Year Of $700 to be used to reduce Fiscal Year 2022/2023 Assessments.

10/22/2022 11:16 AM	I

AMENDED FINAL BUDGET
HYPOLUXO/HAVERHILL COMMUNITY DEVELOPMENT DISTRICT DEBT SERVICE FUND
FISCAL YEAR 2021/2022 OCTOBER 1, 2021 - SEPTEMBER 30, 2022

REVENUES	FISCAL YEAR 2021/2022 BUDGET
10/1/21 - 9/30/22	AMENDED FINAL BUDGET
10/1/21 - 9/30/22	YEAR TO DATE ACTUAL
10/1/21 - 9/29/22	
Interest Income	25	3	3	
NAV Tax Collection	93,837	95,059	95,059	
Total Revenues	$	93,862	$	95,062	$	95,062	
				
EXPENDITURES				
Principal Payments	70,000	70,000	70,000	
Interest Payments	20,916	21,798	21,798	
Bond Redemption	2,946	0	0	
Total Expenditures	$	93,862	$	91,798	$	91,798	
				
Excess/ (Shortfall)	$	-	$	3,264	$	3,264	

FUND BALANCE AS OF 9/30/21	
FY 2021/2022 ACTIVITY	
FUND BALANCE AS OF 9/30/22	

$61,839	
$3,264	
$65,103	

Notes
Reserve Fund Balance = $10,000*. Revenue Fund Balance = $55,103*.
Revenue Fund Balance To Be Used To Make 11/1/2022 Interest Payment Of $10,017.
* 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 9/30/22 =	May 2033

$795,000	May 1st & November 1st	

10/22/2022 11:16 AM	II