RESOLUTION 2023-02

WHEREAS, the Board of Supervisors, hereinafter referred to as the “Board”, of the Meadow View at Twin Creeks Community Development District, hereinafter referred to as “District”, adopted a General Fund a Budget for fiscal year 2022, and

WHEREAS, the Board desires to reallocate funds budgeted to re-appropriate Revenues and Expenses approved during the Fiscal Year.

NOW THEREFORE, BE IT RESOLVED BY THE BOARD OF SUPERVISORS OF THE MEADOW VIEW AT TWIN CREEKS COMMUNITY DEVELOPMENT DISTRICT TO THE FOLLOWING:

The General Fund Budget are hereby amended in accordance with Exhibit “A” attached.

This resolution shall become effective this 17th day of November, 2022 and be reflected in the monthly and fiscal Year End 9/30/22 Financial Statements and Audit Report of the District

Meadow View at Twin Creeks Community Development District

Vice-Chairman

by:		 Chairman
Attest:

by:		 Secretary

MEADOW VIEW AT TWIN CREEKS CDD RESOLUTION 2023-02
EXHIBIT A

Meadow View at Twin Creeks
Community Development District
GENERAL FUND
Budget Amendment
For the Period ending September 30, 2022

	Adopted	Increase	Amended	Projected	
	Budget	(Decrease)	Budget	Thru 09/30/22	

REVENUES:					
Developer Contributions	$850,983	($46,922)	$804,060	$804,060	
Assessments - Tax Roll	$639,572	$11,698	$651,269	$651,269	
Assessments - Direct	$61,220	$0	$61,220	$61,220	
 nterest/Miscelleaneous ncome	$0	$10,290	$10,290	$10,290	
Restricted - asement Fence Fund	$0	$13,800	$13,800	$13,800	
Facility Revenue	$10,000	$4,212	$14,212	$14,212	
Transfer n - Closeout of 2016B	$0	$493	$493	$493	
TOTAL REVENUES	$1,561,775	($6,429}	$1,555,346	$1,555,346	
EXPENDITURES:					
ADMINISTRATIVE:					
 ngineering	$20,000	$15,091	$35,091	$35,091	
Attorney Fees	$30,000	$0	$30,000	$28,387	
Annual Audit	$7,500	$0	$7,500	$7,500	
Artbitrage	$2,400	$0	$2,400	$2,400	
Assessment Roll	$10,000	$0	$10,000	$10,000	
Dissemination	$20,000	($3,025)	$16,975	$16,975	
Trustee Fees	$21,000	($5,709)	$15,291	$15,291	
Management Fees	$49,613	$0	$49,613	$49,613	
 nformation Technology	$1,400	$0	$1,400	$1,400	
Website Compliance	$1,000	($0)	$1,000	$1,000	
Telephone	$500	$189	$689	$689	
Postage	$800	$522	$1,322	$1,322	
 nsurance	$7,796	($461)	$7,335	$7,335	
Printing and Binding	$4,000	($1,678)	$2,323	$2,323	
Legal Advertising	$3,000	$0	$3,000	$1,461	
Other Current Charges	$1,600	($269)	$1,331	$1,331	
Office Supplies	$300	($233)	$67	$67	
Dues, Licenses 4 Subscriptions	$175	$0	$175	$175	
ADMINISTRATIVE EXPENDITURES	$181,084	$4,429	$185,513	$182,360	

AMENITY CENTER:
Utilities
Telephone/Cable/ nternet	

$10,752	

$0	

$10,752	

$10,696	
 lectric	$38,000	$3,942	$41,942	$41,942	
Water/ rrigation	$20,000	($1,727)	$18,273	$18,273	
Gas	$1,500	$481	$1,981	$1,981	
Trash Removal	$3,528	$1,856	$5,384	$5,384	
Security
Security Monitoring	$17,675	($16,000)	$1,675	$1,331	
Gate Monitoring	$0	$15,000	$15,000	$14,768	
Gate Repairs	$0	$540	$540	$540	
Access Cards	$3,000	($348)	$2,652	$2,652	
Contracted Security	$20,000	$0	$20,000	$13,216	
Management Contracts
Facility Management	$125,000	($61,346)	$63,654	$63,654	
Pool Attendants	$51,750	($13,000)	$38,750	$34,729	
Canoe Launch Attendant	$31,050	($30,887)	$163	$163	
Snack Bar Attendant	$17,940	($17,940)	$0	$0	
Field Mgmt / Admin	$25,000	$15,000	$40,000	$40,000	
Pool Maintenance	$20,000	($2,488)	$17,512	$17,512	
Pool Chemicals	$15,000	($1,584)	$13,416	$13,416	

Meadow View at Twin Creeks
Community Development District
GENERAL FUND
Budget Amendment
For the Period ending September 30, 2022

	Adopted	Increase	Amended	Projected	
	Budget	(Decrease)	Budget	Thru 09/30/22	
AMENITY CENTER CONTINUED
Janitorial	$20,000	$253	$20,253	$20,253	
Facility Maintenance	$30,000	$17,000	$47,000	$46,481	
Private event Attendant	$5,000	$504	$5,504	$5,504	
Repairs 4 Maintenance	$36,000	($4,000)	$32,000	$29,866	
Capital Projects	$12,000	($3,381)	$8,619	$8,619	
Snack Bar nventory- CGS	$1,000	($1,000)	$0	$0	
Food Service License	$610	$32	$642	$642	
Rental and Leases	$27,691	$0	$27,691	$27,691	
Subscriptions	$12,000	($8,204)	$3,796	$3,796	
Pest Control	$2,280	$86	$2,366	$2,366	
Supplies	$2,000	$1,247	$3,247	$3,247	
Towel/Linen Service	$2,000	$0	$2,000	$1,804	
Furniture, Fixtures 4 E&uipment	$5,000	($1,412)	$3,588	$3,588	
Special Events	$30,000	$4,939	$34,939	$34,939	
 oliday Decorations	$9,000	$5,584	$14,584	$14,584	
Fitness Center Repairs/Supplies	$2,000	$2,902	$4,902	$4,902	
Office Supplies	$1,500	($549)	$951	$951	
ASCAP/BM Licenses	$1,000	($1,000)	$0	$0	
Property nsurance	$40,183	($1,727)	$38,456	$38,456	
Permit and License	$575	$0	$575	$575	
Performance Guaranty Bonds	$0	$16,659	$16,659	$16,659	
AMENITY CENTER EXPENDITURES	$640,034	($80,567}	$559,468	$545,182	

GROUND MAINTENANCE EXPENDITURES
 ydrology uality/Mitigation	
$6,400	
($6,400)	
$0	
$0	
Electric	$30,000	($6,703)	$23,297	$23,297	
Landscape Maintenance	$532,120	$45,000	$577,120	$577,120	
Landscape Contingency	$30,000	$45,858	$75,858	$75,858	
Lake Maintenance	$27,000	($4,515)	$22,485	$22,485	
Grounds Maintenance	$12,000	$0	$12,000	$11,701	
Pump Repairs	$5,000	($1,305)	$3,695	$3,695	
Streetlighting	$42,000	$4,481	$46,481	$46,481	
Streetlight Repairs	$5,000	($5,000)	$0	$0	
 rrigation Repairs	$15,000	$27,988	$42,988	$42,988	
Miscellaneous	$5,000	($4,000)	$1,000	$0	
Contingency	$31,136	($6,000)	$25,136	$24,178	
GROUNDS MAINTENACE EXPENDITURES	$740,656	$89,404	$830,060	$827,803	
					
TOTAL EXPENDITURES	$1,561,774	$13,266	$1,575,040	$1,555,345	
					
EXCESS REVENUES (EXPENDITURES}	$0	($19,695}	($19,695}	$0	
					
FUND BALANCE - Beginning	$0	$19,695	$19,695	$423,866	
					
FUND BALANCE - En ing	$0	$0	$0	$423,866