Resolution 2015-01 RESOLUTION 2015-1
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 11th day of November
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
(L.L___
By:
Chairman
Attest:
By.
Secrets
NAPLES HERITAGE CDD
GENERAL FUND
STATEMENT OF REVENUES,EXPENDITURES AND CHANGES IN FUND BALANCES
FOR THE PERIOD ENDING SEPTEMBER 30,2014
BUDGET AMENDMENT
Variance with
Final Budget
Amended Proposed Final YTD Positive
Budget#1 Amendment#2 Budget#1 Actual (Negative)
$ $ s a $
• REVENUE
Interest-Investments 100 275 275
Interlocal Agreement 810,000 - 810,000 810,000 -
Special Assmnts-Tax Collector 59,925 - 59,925 59,925 -
Special Assmnts-Discounts (2,397) (2,397) (2,137) 260
TOTAL REVENUE 867,528 - 887,528 867,788 260
EXPENDITURES
ADMINISTRATIVE
PIR-Board of Supervisors 5,000 5,000 4,800 200
FICA Taxes 383 383 367 16
ProfSery-Engineering 1,000 1,000 950 50
ProfServ-Field Management 500 500 - 500
ProfSery-Legal Services 3,000 3,000 2,736 264
ProfServ-Mgmt Consulting Sery 19,500 19,500 19,500 -
ProfServ-Property Appraiser 899 899 899 -
Auditing Services 3,000 3,000 3,000 -
Communication-Telephone 150 150 - 150
Postage and Freight 750 750 1,142 (392)
•
Insurance-General Liability 7,167 7,167 7,129 38
•
•
Printing and Binding 750 750 456 295
•
Legal Advertising 2,000 2,000 3,136 (1,136)
Misc-Bank Charges 620 820 536 84
Misc-Assessmnt Collection Cost 1.198 1,198 1,156 42
Misc-Contingency 1,126 10,000 11,126 9,993 1,133
• Office Expense 410 410 193 217
Annual District Filing Fee 175 175 175 -
TOTAL ADMINISTRATIVE 47,828 10,000 57,828 56,187 1,481
• OPERATIONS AND MAINTENANCE
•
FIELD
•
Misc-Stormwater System Review 10,000 10,000 9,750 250
Impr-Irrigation 10,000 10,000 8,900 1,100
Cap Outlay-Road improvements 810,000 810,000 809,688 314
Cap Outlay-Fence 10,000 10,000 14,620 (4,620)
TOTAL FIELD 840,000 - 840,000 842,956 (2,956)
RESERVES
Reserve-Roads and Lakes 10,000 10,000 - 10,000
TOTAL RESERVES 10,000 - 10,000 - 10,000
TOTAL EXPENDITURES 897,628 10,000 907,628 899,123 8,505
EXCESS OF REVENUES (10,000) (40.100) (31,335) 8,765
OVER(UNDER)EXPENDITURES
NET CHANGE IN FUND BALANCES - (10,000) (40,100) (31,335) 8,765
FUND BALANCE,OCTOBER 1 - 63,616 63,616 63,616 -
FUND BALANCE,ENDING .$ - $ 33,616 $ 32,281 $ 8,765
NOTE:MINOR DIFFERENCES IN STATEMENT TOTALS ARE
REPORT DATE'1013112014 A DIRECT RESULT OF ROUNDING TO WHOLE DOLLARS. (UNAUDITED)