Vista
Community Development District

Amended Final Budget For Fiscal Year 2018/2019
October 1, 2018 - September 30, 2019

CONTENTS

AMENDED FINAL OPERATING FUND BUDGET

AMENDED FINAL DEBT SERVICE FUND BUDGET

AMENDED FINAL BUDGET
VISTA COMMUNITY DEVELOPMENT DISTRICT OPERATING FUND
FISCAL YEAR 2018/2019 OCTOBER 1, 2018 - SEPTEMBER 30, 2019

REVENUES	FISCAL YEAR 2018/2019 BUDGET 10/1/18 - 9/30/19	AMENDED FINAL BUDGET
10/1/18 - 9/30/19	YEAR TO DATE ACTUAL
10/1/18 - 9/29/19	
O & M Assessments	52,427	52,647	52,647	
Debt Assessments	369,846	370,028	370,028	
Other Revenues	0	0	0	
Interest Income	240	215	207	
				
TOTAL REVENUES	$	422,513	$	422,890	$	422,882	
				
EXPENDITURES				
Engineering/Inspections	2,500	2,500	1,200	
Management	19,416	19,416	19,416	
Legal	8,000	7,200	7,200	
Assessment Roll	6,000	6,000	6,000	
Audit Fees	3,300	3,300	3,300	
Arbitrage Rebate Fee	650	650	650	
Insurance	6,355	5,000	5,000	
Legal Advertisements	1,400	1,400	967	
Miscellaneous	800	500	70	
Postage	250	125	107	
Office Supplies	425	275	250	
Dues & Subscriptions	175	175	175	
Trustee Fee	3,750	4,023	4,023	
Continuing Disclosure Fee	1,000	1,000	1,000	
Website Management	1,500	1,500	1,500	
TOTAL EXPENDITURES	$	55,521	$	53,064	$	50,858	
				
REVENUES LESS EXPENDITURES	$	366,992	$	369,826	$	372,024	
				
Bond Payments	(347,656)	(359,599)	(359,599)	
				
BALANCE	$	19,336	$	10,227	$	12,425	
				
County Appraiser & Tax Collector Fee	(8,445)	(5,014)	(5,014)	
Discounts For Early Payments	(16,891)	(7,815)	(7,815)	
				
EXCESS/ (SHORTFALL)	$	(6,000)	$	(2,602)	$	(404)	
				
Carryover From Prior Year	6,000	6,000	0	
				
NET EXCESS/ (SHORTFALL)	$	-	$	3,398	$	(404)	

FUND BALANCE AS OF 9/30/18	
FY 2018/2019 ACTIVITY	
FUND BALANCE AS OF 9/30/19	

$108,672	
($2,602)	
$106,070	

Notes
Carryover From Prior Year Of $6,000 was used to reduce Fiscal Year 2018/2019 Assessments.
$5,100 Of Fund Balance To Be Used To Reduce 2019/2020 Assessments.

10/20/2019  10:08 AM	I

AMENDED FINAL BUDGET
VISTA COMMUNITY DEVELOPMENT DISTRICT DEBT SERVICE FUND
FISCAL YEAR 2018/2019 OCTOBER 1, 2018 - SEPTEMBER 30, 2019

REVENUES	FISCAL YEAR 2018/2019 BUDGET
10/1/18 - 9/30/19	AMENDED FINAL BUDGET
10/1/18 - 9/30/19	YEAR TO DATE ACTUAL
10/1/18 - 9/29/19	
Interest Income	300	6,950	6,902	
NAV Tax Collection	347,656	359,599	359,599	
Total Revenues	$	347,956	$	366,549	$	366,501	
				
EXPENDITURES				
Principal Payments	130,000	130,000	130,000	
Interest Payments	217,956	221,450	221,450	
Transfer To Construction Fund	0	22,219	13,031	
Total Expenditures	$	347,956	$	373,669	$	364,481	
				
Excess/ (Shortfall)	$	-	$	(7,120)	$	2,020	

FUND BALANCE AS OF 9/30/18	
FY 2018/2019 ACTIVITY	
FUND BALANCE AS OF 9/30/19	

$416,802	
($7,120)	
$409,682	

Notes
Reserve Fund Balance = $269,325*. Revenue Fund Balance = $140,357*.
Revenue Fund Balance To Be Used To Make 11/1/2019 Interest Payment Of $107,231.
* Approximate Amounts

Series 2006 Bond Information		
Original Par Amount =	$5,170,000	Annual Principal Payments Due:	
Interest Rate =	5.38%	May 1st	
Issue Date =	November 2006	Annual Interest Payments Due:	
Maturity Date =	May 2037	May 1st & November 1st	
Par Amount As Of 9/30/19 =	$3,990,000		

10/20/2019 10:08 AM	II