Corkscrew Crossing Community Development District

Amended Final Budget For Fiscal Year 2022/2023
October 1, 2022 - September 30, 2023

CONTENTS

AMENDED FINAL OPERATING FUND BUDGET

AMENDED FINAL DEBT SERVICE FUND BUDGET

AMENDED FINAL BUDGET
CORKSCREW CROSSING COMMUNITY DEVELOPMENT DISTRICT FISCAL YEAR 2022/2023
OCTOBER 1, 2022 - SEPTEMBER 30, 2023

REVENUES	FISCAL YEAR 2022/2023 BUDGET
10/1/22 - 9/30/23	AMENDED FINAL BUDGET
10/1/22 - 9/30/23	YEAR TO DATE ACTUAL
10/1/22 - 9/29/23	
O&M (Operations & Maintenance) Assessments	0	0	0	
Developer Contribution	87,875	65,906	65,906	
Debt Assessments	0	0	0	
Other Revenue (Reimbursement Of Bond Related Expenditures)	0	16,796	16,796	
Interest Income	0	450	437	
				
Total Revenues	$	87,875	$	83,152	$	83,139	
				
EXPENDITURES				
Administrative Expenditures				
Supervisor Fees	0	0	0	
Management	36,000	36,000	36,000	
Legal	30,000	21,000	17,450	
Assessment Roll	0	5,000	5,000	
Audit Fees	0	3,200	3,200	
Arbitrage Rebate Fee	0	0	0	
Insurance	6,000	5,000	5,000	
Legal Advertisements	7,500	10,200	9,637	
Miscellaneous	1,500	1,000	540	
Postage	200	780	764	
Office Supplies	1,500	1,760	1,749	
Dues & Subscriptions	175	175	175	
Website Management & ADA Compliance	3,000	3,000	3,000	
Trustee Fees	0	0	0	
Continuing Disclosure Fee	0	0	0	
				
Total Administrative Expenditures	85,875	87,115	82,515	

Maintenance Expenditures				
Engineering/Inspections	1,000	6,000	3,675	
Miscellaneous Maintenance	1,000	0	0	
				
Total Maintenance Expenditures	2,000	6,000	3,675	
				
Total Expenditures	$	87,875	$	93,115	$	86,190	
				
REVENUES LESS EXPENDITURES	$	-	$	(9,963)	$	(3,051)	
				
Bond Payments	0	0	0	
				
BALANCE	$	-	$	(9,963)	$	(3,051)	
				
County Appraiser & Tax Collector Fee	0	0	0	
Discounts For Early Payments	0	0	0	
				
EXCESS/ (SHORTFALL)	$	-	$	(9,963)	$	(3,051)	
				
Carryover From Prior Year	0	0	0	
				
NET EXCESS/ (SHORTFALL)	$	-	$	(9,963)	$	(3,051)	

Fund Balance As Of 9/30/2022	
Projected FY 2022/2023 Activity	
Fund Balance As Of 9/30/2023	

$10,421	
($9,963)	
$458	

10/31/2023 5:02 PM

AMENDED FINAL BUDGET
CORKSCREW CROSSING COMMUNITY DEVELOPMENT DISTRICT DEBT SERVICE FUND - SERIES 2022
FISCAL YEAR 2022/2023 OCTOBER 1, 2022 - SEPTEMBER 30, 2023

REVENUES	FISCAL YEAR 2022/2023 BUDGET 10/1/22 - 9/30/23	AMENDED FINAL BUDGET
10/1/22 - 9/30/23	YEAR TO DATE ACTUAL
10/1/22 - 9/29/23	
Interest Income	0	17,429	17,329	
NAV Assessment Collection	0	0	0	
Transfer from Construction Fund	0	8,447	8,447	
Bond Proceeds	0	872,085	872,085	
				
Total Revenues	$	-	$	897,961	$	897,861	
				
EXPENDITURES				
Principal Payments	0	0	0	
Interest Payments	0	136,478	136,478	
Bond Redemption	0	0	0	
Total Expenditures	$	-	$	136,478	$	136,478	
				
Excess/ (Shortfall)	$	-	$	761,483	$	761,383	

FUND BALANCE AS OF 9/30/22	
FY 2022/2023 ACTIVITY	
FUND BALANCE AS OF 9/30/23	

$0	
$761,483	
$761,483	

Notes
Reserve Fund Balance = $416,569*. Revenue Account Balance = $9,279*. Interest Account Balance = $335,635*.
Interest Account Balance To Be Used To Make 11/1/2023 Interest Payment Of $319,039. Capital Projects Bond Proceeds = $11,797,915. Total Bond Proceeds = $12,670,000.
FY 2022/2023 Cost Of Issuance = $469,696.
Fiscal Year 2022/2023 Capital Outlay = $5,116,638.
* Approximate Amounts

Series 2023 Bond Information

Original Par Amount =	$12,670,000	Annual Principal Payments Due:	
Interest Rate =	4.125% - 5.30%	May 1st	
Issue Date =	February 2023	Annual Interest Payments Due:	
Maturity Date =	May 2053	November 1st	

Par Amount As Of 9/30/23 =	
$12,670,000		

10/31/2023 5:02 PM	
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