Resolution 2014-05 RESOLUTION 2014-5
A RESOLUTION AMENDING THE NAPLES HERITAGE
COMMUNITY DEVELOPMENT DISTRICT GENERAL FUND
BUDGET FOR FISCAL YEAR 2014
WHEREAS, the Board of Supervisors, hereinafter referred to as the
"Board", of Naples Heritage Community Development District, hereinafter
referred to as "District", adopted a General Fund Budget for Fiscal Year
2014, and
WHEREAS, the Board desires to reallocate funds budgeted to
reappropriate Revenues and Expenses approved during the Fiscal Year.
NOW THEREFORE, BE IT RESOLVED BY THE BOARD OF
SUPERVISORS OF NAPLES HERITAGE COMMMUNITY
DEVELOPMENT DISTRICT THE FOLLOWING:
1. The General Fund Budget is hereby amended in accordance with
Exhibit"A" attached.
2. This resolution shall become effective this 6th day of May 2014 and
be reflected in the monthly and Fiscal Year End 9/30/2014 Financial
Statements and Audit Report of the District.
Naples Heritage
Community Development District
PA-t
By:
Chairman
Attest:
By: • -
Secre =•
NAPLES HERITAGE CDD
•
EXHIBIT A
BUDGET AMENDMENT-GENERAL FUND
Variance with
Final Budget
Original Approved Final YTD Positive
Budget Amendment Budget Actual (Negative)
REVENUE
Interest-Investments $ 100 $ - $ 100 $ 86 $ (14)
Special Assmnts-Tax Collector 59,925 59,925 56,756 (3,169)
Special Assmnts-Discounts (2,397) - (2,397) (2,150) 247
Grants&Donations - 810,000 810,000 - (810,000)
TOTAL REVENUE 57,628 810,000 867,628 54,692 (812,936)1
EXPENDITURES
ADMINISTRATIVE
P/R-Board of Supervisors 5,000 - 5,000 2,800 2,200
FICA Taxes 383 - 383 214 169
ProfServ-Engineering 1,000 - 1,000 950 50
ProfServ-Field Management 500 - 500 - 500
ProfServ-Legal Services 3,000 - 3,000 303 2,697
ProfServ-Mgmt Consulting Sery 19,500 - 19,500 9,750 9,750
ProfServ-Property Appraiser 899 - 899 899 -
Auditing Services 3,000 - 3,000 500 2,500
Communication-Telephone 150 - 150 - 150
Postage and Freight 750 - 750 290 460
Insurance-General Liability 7,167 - 7,167 7,129 38
Printing and Binding 750 - 750 145 605
Legal Advertising 2,000 - 2,000 1,267 733
Misc-Bank Charges 620 - 620 281 339
Misc-Assessmnt Collection Cost 1,198 - 1,198 1,092 106
Misc-Contingency 1,126 - 1,126 109 1,017
Office Expense 410 - 410 116 294
Annual District Filing Fee 175 - 175 175 -
TOTAL ADMINISTRATIVE 47,628 - 47,628 26,020 21,608
FIELD
Misc-Stormwater System Review - 10,000 10.000 - 10,000
Misc-Irrigation Improvements 10,000 10,000 10,000
Capital Outlay-Fence - 10,000 10,000 - 10,000
Capital Outlay-Road Improvements - 810,000 810,000 - 810,000
TOTAL FIELD - 840,000 840,000 - 840,000
RESERVES
Reserve-Roads and Lakes 10,000 - 10,000 - 10,000
TOTAL RESERVES 10,000 - 10,000 - 10,000
(TOTAL EXPENDITURES 57,628 840,000 897,628 26,020 871,608 1
EXCESS OF REVENUES - (30,000) (30,000) 28,672 58,672
OVER(UNDER)EXPENDITURES
OTHER FINANCING SOURCES
Contribution to(Use of)Fund Balance - (30,000) (30,000) - 30,000
TOTAL OTHER FINANCING SOURCES(USES) - (30,000) (30,000) - 30,000
NET CHANGE IN FUND BALANCES - (30,000) (30,000) 28,672 58,672
FUND BALANCE,OCTOBER 1 - 63,616 63,616 63,616 -
FUND BALANCE,ENDING $ - $ 33,616 $ 33,616 $ 92,288 $ 58,672
REPORT DATE,614f2014