Resolution 2016-01 (adopted 11-10-15) RESOLUTION 2016-1
A RESOLUTION AMENDING THE NAPLES HERITAGE
COMMUNITY DEVELOPMENT DISTRICT GENERAL FUND
BUDGET FOR FISCAL YEAR 2015
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
2015, 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 10th day of November
2015 and be reflected in the monthly and Fiscal Year End 9/30/2015
Financial Statements and Audit Report of the District.
Naples Heritage
Community Development District
(,),€-ttL)
By:
Chairman
Attest:
By:
-cretary
NAPLES HERITAGE
Community Development District General Fund
Proposed Budget Amendment
For the Period Ending September 30, 2015
Exhibit A
1
CURRENT PROPOSED FINAL YEAR TO DATE VARIANCE($)
ACCOUNT DESCRIPTION BUDGET AMENDMENT BUDGET ACTUAL FAV(UNFAV)
REVENUES
Interest-Investments $ 100 $ - $ 100 $ 87 5 (13)
Special Assmnts-Tax Collector 79,897 - 79,897 79,868 (29)
Special Assmnts-Discounts (3,196) - (3,196) (2,816) 380
Other Miscellaneous Revenues - - - 3 3
(TOTAL REVENUES 76,801 - 76,801 77,142 341 I
EXPENDITURES
Administration
P/R-Board of Supervisors 5,000 - 5,000 4,800 200
FICA Taxes 383 - 383 367 16
ProfServ-Engineering 1,000 - 1,000 - 1,000
ProfServ-Field Management 500 - 500 - 500
ProfServ-Legal Services 2,000 - 2,000 1,795 205
ProfServ-Mgmt Consulting Sery 19,500 - 19,500 19,500 -
ProfServ-Property Appraiser 1,198 - 1,198 899 299
Auditing Services 3,000 - 3,000 2,500 500
Communication-Telephone 150 - 150 - 150
Postage and Freight 750 - 750 504 246
Insurance-General Liability 7,167 - 7,167 7,239 (72)
Printing and Binding 750 - 750 373 377
Legal Advertising 1,474 - 1,474 702 772
Misc-Bank Charges 620 - 620 550 70
Misc-Assessmnt Collection Cost 1,598 - 1,598 1,533 65
Misc-Contingency 1,126 - 1,126 1,411 (285)
Office Expense 410 - 410 389 21
Annual District Filing Fee 175 - 175 175 -
Total Administration 46,801 46,801 42,737 4,064
Field
Cap Outlay-Fence - - - 995 (995)
Total Field - - 995 (995)
Reserves
Reserve-Roads and Lakes 10,000 15,000 25,000 25,066 (66)
Total Reserves 10,000 15,000 25,000 25,066 (66)
(TOTAL EXPENDITURES&RESERVES 58,801 , 15,000 71,801 68,798 3,003 I
Report Date: 10/24/2015
NAPLES HERITAGE
Community Development District General Fund
Proposed Budget Amendment
For the Period Ending September 30,2015
Exhibit A
CURRENT PROPOSED FINAL YEAR TO DATE VARIANCE($)
ACCOUNT DESCRIPTION BUDGET AMENDMENT BUDGET ACTUAL FAV(UNFAV)
Excess(deficiency)of revenues
Over(under)expenditures 20,000 (15,000) 5,000 8,344 3,344
OTHER FINANCING SOURCES(USE$)
Contribution to(Use of)Fund Balance 20,000 (15,000) 5,000 - (5,000)
'TOTAL FINANCING SOURCES(USES) 20,000 (15,000) 5,000 - (5,000)1
Net change in fund balance 20,000 (15,000) 5,000 8,344 3,344
FUND BALANCE,BEGINNING(OCT 1.2014) 32,982 - 32,982 32,982 -
FUND BALANCE,ENDING $ 52,982 $ (15,000) $ 37,982 $ 41,326 $ 3,344
•
Report Date: 10/24/2015