Title: P Amended Final Budget 2022-2023.xlsx
Author: JWalker

Pentathlon 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
PENTATHLON COMMUNITY DEVELOPMENT DISTRICT OPERATING FUND
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

ADMINISTRATIVE ASSESSMENTS | 68,772 | 69,117 | 69,117
MAINTENANCE ASSESSMENTS | 10,638 | 10,639 | 10,639
DEBT ASSESSMENTS | 213,808 | 213,810 | 213,810
INTEREST INCOME | 360 | 8,530 | 8,430
TOTAL REVENUES | $	293,578 | $	302,096 | $	301,996
EXPENDITURES | | |
ADMINISTRATIVE EXPENDITURES | | |
SUPERVISOR FEES | 6,000 | 2,400 | 2,400
PAYROLL TAXES (EMPLOYER) | 480 | 184 | 184
MANAGEMENT | 32,676 | 32,676 | 32,676
SECRETARIAL | 3,000 | 3,000 | 3,000
LEGAL | 8,000 | 7,000 | 5,948
ASSESSMENT ROLL | 6,000 | 6,000 | 6,000
AUDIT FEES | 3,600 | 3,600 | 3,600
INSURANCE | 6,200 | 6,134 | 6,134
LEGAL ADVERTISING | 600 | 550 | 261
MISCELLANEOUS | 850 | 850 | 798
POSTAGE | 225 | 150 | 135
OFFICE SUPPLIES | 525 | 250 | 200
DUES & SUBSCRIPTIONS | 175 | 175 | 175
TRUSTEE FEES | 3,500 | 3,400 | 3,400
CONTINUING DISCLOSURE FEE | 350 | 350 | 350
WEBSITE MANAGEMENT | 1,500 | 1,500 | 1,500
TOTAL ADMINISTRATIVE EXPENDITURES | $	73,681 | $	68,219 | $	66,761
MAINTENANCE EXPENDITURES | | |
IMPROVEMENT CONTINGENCY | 9,000 | 4,500 | 0
ENGINEERING/INSPECTIONS | 1,000 | 1,081 | 1,081
TOTAL MAINTENANCE EXPENDITURES | $	10,000 | $	5,581 | $	1,081
TOTAL EXPENDITURES | $	83,681 | $	73,800 | $	67,842
REVENUES LESS EXPENDITURES | $	209,897 | $	228,296 | $	234,154
BOND PAYMENTS | (200,955) | (203,805) | (203,805)
BALANCE | $	8,942 | $	24,491 | $	30,349
COUNTY APPRAISER & TAX COLLECTOR FEE | (5,864) | (2,824) | (2,824)
DISCOUNTS FOR EARLY PAYMENTS | (11,728) | (10,898) | (10,898)
EXCESS/ (SHORTFALL) | $	(8,650) | $	10,769 | $	16,627
CARRYOVER FROM PRIOR YEAR | 8,650 | 8,650 | 0
NET EXCESS/ (SHORTFALL) | $	- | $	19,419 | $	16,627

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

$213,645
$10,769
$224,414

Notes
Reserve Funds Totaling $8,650 used to reduce Fiscal Year 2022/2023 Assessments. Reserve Funds Totaling $9,070 to be used to reduce Fiscal Year 2023/2024 Assessments.

AMENDED FINAL BUDGET
PENTATHLON COMMUNITY DEVELOPMENT DISTRICT DEBT SERVICE FUND
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 | 25 | 9,715 | 9,615
NAV Tax Collection | 200,955 | 203,805 | 203,805
Total Revenues | $	200,980 | $	213,520 | $	213,420
EXPENDITURES | | |
Principal Payments | 125,000 | 120,000 | 120,000
Interest Payments | 75,980 | 78,380 | 78,380
Total Expenditures | $	200,980 | $	198,380 | $	198,380
Excess/ (Shortfall) | $	- | $	15,140 | $	15,040

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

$309,943
$15,140
$325,083

Notes
Reserve Fund Balance = $102,059*. Revenue Fund Balance = $223,024.*.
Revenue Fund Balance To Be Used To Make 11/1/2023 Principal & Interest Payment Of $162,990 - Principal Payment Of $125,000 & Interest Payment Of $37,990.
* Approximate Amounts

Series 2012 Refunding Bonds Information
Original Par Amount = | $2,780,000 | Annual Principal Payments Due:
Interest Rate = | 1.25% - 4.5% | November 1st
Issue Date = | April 2012 | Annual Interest Payments Due:

Maturity Date =
Par Amount As Of 9/30/23 =

November 2033
$1,720,000

May 1st & November 1st