Vista
Community Development District

Amended Final Budget For Fiscal Year 2020/2021
October 1, 2020 - September 30, 2021

CONTENTS

AMENDED FINAL OPERATING FUND BUDGET

AMENDED FINAL DEBT SERVICE FUND BUDGET

AMENDED FINAL BUDGET
VISTA COMMUNITY DEVELOPMENT DISTRICT OPERATING FUND
FISCAL YEAR 2020/2021 OCTOBER 1, 2020 - SEPTEMBER 30, 2021

REVENUES	FISCAL YEAR 2020/2021 BUDGET 10/1/20 - 9/30/21	AMENDED FINAL BUDGET
10/1/20 - 9/30/21	YEAR TO DATE ACTUAL
10/1/20 - 9/29/21	
O & M Assessments	51,840	51,874	51,874	
Debt Assessments	370,222	370,268	370,268	
Other Revenues	0	0	0	
Interest Income	240	300	297	
				
TOTAL REVENUES	$	422,302	$	422,442	$	422,439	
				
EXPENDITURES				
Engineering/Inspections	2,000	2,400	1,200	
Management	20,220	20,220	20,220	
Legal	8,000	8,000	6,675	
Assessment Roll	6,000	6,000	6,000	
Audit Fees	3,500	3,400	3,400	
Arbitrage Rebate Fee	650	650	650	
Insurance	6,000	5,513	5,513	
Legal Advertisements	1,300	1,300	963	
Miscellaneous	700	700	53	
Postage	250	110	102	
Office Supplies	400	150	114	
Dues & Subscriptions	175	175	175	
Trustee Fee	4,025	4,022	4,022	
Continuing Disclosure Fee	1,000	1,000	1,000	
Website Management	2,000	2,000	2,000	
TOTAL EXPENDITURES	$	56,220	$	55,640	$	52,087	
				
REVENUES LESS EXPENDITURES	$	366,082	$	366,802	$	370,352	
				
Bond Payments	(348,009)	(356,083)	(356,083)	
				
BALANCE	$	18,073	$	10,719	$	14,269	
				
County Appraiser & Tax Collector Fee	(8,441)	(5,012)	(5,012)	
Discounts For Early Payments	(16,882)	(12,081)	(12,081)	
				
EXCESS/ (SHORTFALL)	$	(7,250)	$	(6,374)	$	(2,824)	
				
Carryover From Prior Year	7,250	7,250	0	
				
NET EXCESS/ (SHORTFALL)	$	-	$	876	$	(2,824)	

FUND BALANCE AS OF 9/30/20	
FY 2020/2021 ACTIVITY	
FUND BALANCE AS OF 9/30/21	

$114,501	
($6,374)	
$108,127	

Notes
Carryover From Prior Year Of $7,250 was used to reduce Fiscal Year 2020/2021 Assessments.
$4,600 Of Fund Balance To Be Used To Reduce 2021/2022 Assessments.

AMENDED FINAL BUDGET
VISTA COMMUNITY DEVELOPMENT DISTRICT DEBT SERVICE FUND
FISCAL YEAR 2020/2021 OCTOBER 1, 2020 - SEPTEMBER 30, 2021

REVENUES	FISCAL YEAR 2020/2021 BUDGET
10/1/20 - 9/30/21	AMENDED FINAL BUDGET
10/1/20 - 9/30/21	YEAR TO DATE ACTUAL
10/1/20 - 9/29/21	
Interest Income	300	25	23	
NAV Tax Collection	348,009	356,083	356,083	
Total Revenues	$	348,309	$	356,108	$	356,106	
				
EXPENDITURES				
Principal Payments	145,000	145,000	145,000	
Interest Payments	203,909	207,206	207,206	
Transfer To Construction Fund	0	9,804	9,804	
Total Expenditures	$	348,909	$	362,010	$	362,010	
				
Excess/ (Shortfall)	$	(600)	$	(5,902)	$	(5,904)	

FUND BALANCE AS OF 9/30/20	
FY 2020/2021 ACTIVITY	
FUND BALANCE AS OF 9/30/21	

$409,703	
($5,902)	
$403,801	

Notes
Reserve Fund Balance = $250,425*. Revenue Fund Balance = $153,376*.
Revenue Fund Balance To Be Used To Make 11/1/2021 Interest Payment Of $99,706.
* 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 9/30/21 =	$3,710,000