Avenir
Community Development District

Final Budget For Fiscal Year 2017/2018
October 1, 2017 - September 30, 2018

CONTENTS

FINAL BUDGET

DETAILED FINAL BUDGET

FINAL BUDGET
AVENIR COMMUNITY DEVELOPMENT DISTRICT FISCAL YEAR 2017/2018
OCTOBER 1, 2017 - SEPTEMBER 30, 2018

REVENUES	
FISCAL YEAR 2017/2018 BUDGET	
O&M Assessments	0	
Landowner Contribution	129,875	
Debt Assessments	0	
Interest Income	0	
		
TOTAL REVENUES	$		129,875	
		
EXPENDITURES		
Supervisor Fees	0	
Engineering/Inspections/Miscellaneous Maintenance	5,000	
Engineering Report*	20,000	
Management	39,000	
Legal	20,000	
Assessment Roll	0	
Methodology Report*	18,000	
Audit Fees	5,000	
Arbitrage Rebate Fee	650	
Insurance	5,500	
Legal Advertisements	10,000	
Miscellaneous	1,500	
Postage	300	
Office Supplies	750	
Dues & Subscriptions	175	
Trustee Fees	3,000	
Continuing Disclosure Fee	1,000	
		
TOTAL EXPENDITURES	$		129,875	
		
REVENUES LESS EXPENDITURES	$		-	
		
Bond Payments	0	
		
BALANCE	$		-	
		
County Appraiser & Tax Collector Fee	0	
Discounts For Early Payments	0	
		
EXCESS/ (SHORTFALL)	$		-	

*These items can either be classified as operating expenditures or as bond closing expenditures. If they are classified as bond closing expenditures the total budget would be $91,875.00

DETAILED FINAL BUDGET
AVENIR COMMUNITY DEVELOPMENT DISTRICT FISCAL YEAR 2017/2018
OCTOBER 1, 2017 - SEPTEMBER 30, 2018

REVENUES	
FISCAL YEAR 2015/2016 ACTUAL	
FISCAL YEAR 2016/2017 BUDGET	
FISCAL YEAR 2017/2018 BUDGET	

COMMENTS	
O&M Assessments	0	0	0		
Landowner Contribution	0	61,975	129,875	Developer Contribution	
Debt Assessments	0	0	0		
Interest Income	0	0	0		
					
TOTAL REVENUES	$	-	$	61,975	$	129,875		
					
EXPENDITURES					
Supervisor Fees	0	0	0		
Engineering/Inspections/Miscellaneous Maintenance	0	1,500	5,000		
Engineering Report*	0	0	20,000		
Management	0	22,750	39,000	12 Months X $3,250 (Includes Website Management)	
Legal	0	20,000	20,000		
Assessment Roll	0	0	0		
Methodology Report*	0	0	18,000		
Audit Fees	0	0	5,000	Will Commence In Fiscal Year Following Issuing Of Bond	
Arbitrage Rebate Fee	0	0	650	Will Commence In Fiscal Year Following Issuing Of Bond	
Insurance	0	5,000	5,500		
Legal Advertisements	0	10,000	10,000		
Miscellaneous	0	1,500	1,500		
Postage	0	300	300		
Office Supplies	0	750	750		
Dues & Subscriptions	0	175	175	Annual Fee Due Department Of Economic Opportunity	
Trustee Fees	0	0	3,000	Will Commence In Fiscal Year Following Issuing Of Bond	
Continuing Disclosure Fee	0	0	1,000	Will Commence In Fiscal Year Following Issuing Of Bond	
					
TOTAL EXPENDITURES	$	-	$	61,975	$	129,875		
					
REVENUES LESS EXPENDITURES	$	-	$	-	$	-		
					
Bond Payments	0	0	0		
					
BALANCE	$	-	$	-	$	-		
					
County Appraiser & Tax Collector Fee	0	0	0		
Discounts For Early Payments	0	0	0		
					
EXCESS/ (SHORTFALL)	$	-	$	-	$	-		

*These items can either be classified as operating expenditures or as bond closing expenditures. If they are classified as bond closing expenditures the total budget would be $91,875.00