RESOLUTION 2024-02

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 Budget for Fiscal Year 2024, 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 is hereby amended in accordance with Exhibit “A” attached.
This resolution shall become effective this 15th day of February, 2024 and be reflected in the monthly and Fiscal Year End 9/30/24 Financial Statements and Audit Report of the District.

Meadow View at Twin Creeks Community Development District

by:			 Chairman / Vice Chairman
Attest:

by:			 Secretary / Assistant Secretary

MEADOW VIEW AT TWIN CREEKS CDD RESOLUTION 2024-02
EXHIBIT A

Community Development District General Fund
Budget Amendment
For The Period Ending December 31, 2023

Adopted
Budget

Increase
(Decrease)

Amended
Budget

Acutal
12/31/23

Revenues:

Special Assessments - Tax Roll	$	1,940,101	$	-	$	1,940,101	$	262,687	
Special Assessments - Gate Monitoring*	25,888	-	$	25,888	25,888	
Interest/Miscellaneous Income	9,000	-	$	9,000	5,112	
Restricted Easement Fence Fund	-	10,000	$	10,000	5,100	
Facility Revenue	10,000	-	$	10,000	-	
Total Revenues	$	1,984,989	$	10,000	$	1,994,989	$	298,787	

Expenditures:					
General & Administrative:					
Supervisor Fees	$	4,800	$	-	$	4,800	$	800	
PR-FICA	367	-	367	61	
Engineering	36,000	-	36,000	3,150	
Attorney	30,000	-	30,000	3,802	
Annual Audit	6,750	-	6,750	-	
Assessment Administration	10,600	-	10,600	10,600	
Arbitrage Rebate	3,600	-	3,600	2,400	
Dissemination Agent	13,250	-	13,250	3,313	
Trustee Fees	16,733	1,235	17,968	17,968	
Management Fees	55,220	-	55,220	13,805	
Information Technology	1,675	-	1,675	419	
Website Maintenance	1,200	-	1,200	300	
Telephone	700	-	700	211	
Postage & Delivery	1,600	-	1,600	413	
Insurance General Liability/Public Officials	8,673	-	8,673	8,161	
Printing & Binding	2,300	-	2,300	197	
Legal Advertising	1,500	-	1,500	279	
Other Current Charges	1,600	-	1,600	-	
Office Supplies	300	-	300	2	
Dues, Licenses & Subscriptions	175	-	175	175	
Total General & Administrative	$	197,043	$	1,235	$	198,278	$	66,055	

Community Development District General Fund
Budget Amendment
For The Period Ending December 31, 2023

12/31/23

Budget

(Decrease)

Budget

Acutal

Amended

Increase

Adopted

Operations & Maintenance

Amenity Center Expenditures

Utilities		
Telephone/Cable/Internet	$	12,400	$	-	$	12,400	$	2,974	
Electric	52,500	-	52,500	13,557	
Water/Sewer/Irrigation	31,240	-	31,240		28,098 	
Gas	2,500	-	2,500	377	
Trash Removal	8,400	-	8,400	2,307	
Security					
Security Monitoring	1,440	-	1,440	333	
Gate Monitoring	22,888	-	22,888	4,673	
Gate Repairs	3,000	-	3,000	-	
Access Cards	3,000	-	3,000	389	
Contacted Security	20,000	-	20,000	4,730	
Management Contracts					
Facility Management	85,851	-	85,851	21,463	
Facility Attendant	39,149	-	39,149	9,168	
Pool Attendants	55,890	-	55,890	-	
Canoe Launch Attendant	30,750	-	30,750	60	
Snack Bar Attendant	17,640	(15,000)	2,640	-	
Field Management / Admin	65,000	-	65,000	16,250	
Pool Maintenance	20,000	-	20,000	4,206	
Pool Chemicals	20,467	-	20,467	5,837	
Janitorial	33,010	-	33,010	6,241	
Facility Maintenance	83,200	-	83,200	37,723	
Private Event Attendant	5,500	-	5,500	1,166	
Repairs & Maintenance	40,000	-	40,000		22,409 	
New Capital Projects	10,000	(5,000)	5,000	-	
Snack Bar Inventory -CGS	1,000	-	1,000	-	
Food Service License	650	-	650	-	
Subscriptions	5,500	-	5,500	795	
Pest Control	2,831	-	2,831	658	
Supplies	2,500	-	2,500	-	
Towel/Linen Service	2,800	-	2,800	-	
Furnitures, Fixtures & Equipment	5,000	-	5,000	-	
Special Events	35,000	-	35,000	9,303	
Holiday Decorations	20,000	-	20,000	20,102	
Fitness Center Repairs/Supplies	5,500	-	5,500	1,528	
Office Supplies	2,100	-	2,100	467	
ACA++SCAP/BMI Licenses	800	-	800	-	
Property Insurance	72,545	(1,235)	71,310	66,983	
Permit and License	575	-	575	224	
Subtotal Amenity Center Expenditures	$	820,626	$	(21,235)	$	799,391	$	282,020	

Community Development District General Fund
Budget Amendment
For The Period Ending December 31, 2023

	Adopted	Increase	Amended	Acutal	
	Budget	(Decrease)	Budget	12/31/23	

Ground Maintenance Expenditures
Hydrology Quality/Mitigation	

$	6,400	

$	-	$	

6,400	

$	-	
Electric	34,265	-	34,265	8,090	
Landscape Maintenance	646,800	-	646,800	127,125	
Landscape Contingency	85,000	-	85,000	945	
Lake Maintenance	27,000	-	27,000	3,538	
Grounds Maintenance	12,000	-	12,000		7,962 	
Pump Repairs	5,000	20,000	25,000	4,520	
Streetlighting	58,207	-	58,207	14,331	
Streetlight Repairs	5,000	-	5,000	-	
Storm Cleanup	-	-	-	-	
Irrigation Repairs	50,000	-	50,000	2,613	
Miscellaneous	6,500	-	6,500	-	
Contingency	31,149	-	31,149	-	
Subtotal Ground Maintenance Expenditures	$	967,320	$	20,000	$	987,320	$	169,124	
					
Total Operations & Maintenance	$	1,787,946	$	(1,235)	$	1,786,711	$	451,144	
					
Total Expenditures	$	1,984,989	$	-	$	1,984,989	$	517,199	
					
Excess (Deficiency) of Revenues over Expenditures	$	-	$	10,000	$	10,000	$	(218,412)	

Other Financing Sources/(Uses):					
Transfer In/(Out)	$	-	$	-	$	-	$	-	
Total Other Financing Sources/(Uses)	$	-	$	-	$	-	$	-	
					
Net Change in Fund Balance	$	-	$	10,000	$	10,000	$	(218,412)	
					
Fund Balance - Beginning	$	-	$	(10,000)	$	(10,000)	$	589,236	
					
Fund Balance - Ending	$	-	$	-	$	-	$	370,824	
(1) Includes special assessments for gate monitoring.