Vista
Community Development District

Amended Final Budget For Fiscal Year 2019/2020
October 1, 2019 - September 30, 2020

CONTENTS

AMENDED FINAL OPERATING FUND BUDGET

AMENDED FINAL DEBT SERVICE FUND BUDGET

AMENDED FINAL BUDGET
VISTA COMMUNITY DEVELOPMENT DISTRICT OPERATING FUND
FISCAL YEAR 2019/2020 OCTOBER 1, 2019 - SEPTEMBER 30, 2020

REVENUES	FISCAL YEAR 2019/2020 BUDGET 10/1/19 - 9/30/20	AMENDED FINAL BUDGET
10/1/19 - 9/30/20	YEAR TO DATE ACTUAL
10/1/19 - 9/29/20	
O & M Assessments	54,485	54,539	54,539	
Debt Assessments	367,590	367,660	367,660	
Other Revenues	0	0	0	
Interest Income	240	290	288	
				
TOTAL REVENUES	$	422,315	$	422,489	$	422,487	
				
EXPENDITURES				
Engineering/Inspections	2,500	2,400	1,200	
Management	19,776	19,776	19,776	
Legal	8,000	7,500	5,500	
Assessment Roll	6,000	6,000	6,000	
Audit Fees	3,400	3,400	3,400	
Arbitrage Rebate Fee	650	650	650	
Insurance	6,355	5,251	5,251	
Legal Advertisements	1,300	1,500	1,070	
Miscellaneous	700	500	36	
Postage	250	80	72	
Office Supplies	425	170	147	
Dues & Subscriptions	175	175	175	
Trustee Fee	4,025	4,023	4,023	
Continuing Disclosure Fee	1,000	1,000	1,000	
Website Management	2,000	2,000	2,000	
TOTAL EXPENDITURES	$	56,556	$	54,425	$	50,300	
				
REVENUES LESS EXPENDITURES	$	365,759	$	368,064	$	372,187	
				
Bond Payments	(345,535)	(357,264)	(357,264)	
				
BALANCE	$	20,224	$	10,800	$	14,923	
				
County Appraiser & Tax Collector Fee	(8,441)	(5,046)	(5,046)	
Discounts For Early Payments	(16,883)	(7,812)	(7,812)	
				
EXCESS/ (SHORTFALL)	$	(5,100)	$	(2,058)	$	2,065	
				
Carryover From Prior Year	5,100	5,100	0	
				
NET EXCESS/ (SHORTFALL)	$	-	$	3,042	$	2,065	

FUND BALANCE AS OF 9/30/19	
FY 2019/2020 ACTIVITY	
FUND BALANCE AS OF 9/30/20	

$110,896	
($2,058)	
$108,838	

Notes
Carryover From Prior Year Of $5,100 was used to reduce Fiscal Year 2019/2020 Assessments.
$7,250 Of Fund Balance To Be Used To Reduce 2020/2021 Assessments.

AMENDED FINAL BUDGET
VISTA COMMUNITY DEVELOPMENT DISTRICT DEBT SERVICE FUND
FISCAL YEAR 2019/2020 OCTOBER 1, 2019 - SEPTEMBER 30, 2020

REVENUES	FISCAL YEAR 2019/2020 BUDGET
10/1/19 - 9/30/20	AMENDED FINAL BUDGET
10/1/19 - 9/30/20	YEAR TO DATE ACTUAL
10/1/19 - 9/29/20	
Interest Income	300	2,713	2,710	
NAV Tax Collection	345,535	357,264	357,264	
Total Revenues	$	345,835	$	359,977	$	359,974	
				
EXPENDITURES				
Principal Payments	135,000	135,000	135,000	
Interest Payments	210,835	214,463	214,463	
Transfer To Construction Fund	0	11,066	11,066	
Total Expenditures	$	345,835	$	360,529	$	360,529	
				
Excess/ (Shortfall)	$	-	$	(552)	$	(555)	

FUND BALANCE AS OF 9/30/19	
FY 2019/2020 ACTIVITY	
FUND BALANCE AS OF 9/30/20	

$410,255	
($552)	
$409,703	

Notes
Reserve Fund Balance = $260,213*. Revenue Fund Balance = $149,490*.
Revenue Fund Balance To Be Used To Make 11/1/2020 Interest Payment Of $103,603.
* 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 9/30/20 =	$3,855,000