WHEREAS, the Board of Supervisors, hereinafter referred to as the “Board”, of the Heron Isles Community Development District, hereinafter referred to as “District”, adopted a General Fund Budget for fiscal year 2018, 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 HERON ISLES 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 1ST day of November, 2018 and be reflected in the monthly and fiscal Year End 9/30/18 Financial Statements and Audit Report of the District

Heron Isles
Community Development District

Attest:

by:		 Chairman

by:		 Secretary

HERON ISLES CDD

EXHIBIT A

Revenues 		
Assessments - On Roll	$281,122		$2,913		$284,035		$284,035	
Interest Income	$0		$486		$486		$486	
TOTAL REVENUES 	$281,122 		 	$3,399 		 	$284,521 		 	$284,521 	
Expenditures							
Administrative							
Supervisors	$4,000		$1,400		$5,400		$5,400	
FICA Expense	$306		$77		$383		$383	
Engineering	$5,000		$0		$5,000		$2,220	
Dissemination	$1,500		$0		$1,500		$1,500	
Assessment Roll	$7,500		$0		$7,500		$7,500	
Attorney	$15,000		$0		$15,000		$11,252	
Auditing	$3,700		$0		$3,700		$3,700	
Trustee Fees	$2,200		$1,517		$3,717		$3,717	
Management Fees	$43,260		$0		$43,260		$43,260	
Computer Time	$1,000		$0		$1,000		$1,000	
Website Compliance	$500		$0		$500		$500	
Telephone	$100		$114		$214		$214	
Postage	$500		$600		$1,100		$1,081	
Printing & Binding	$1,250		$80		$1,330		$1,330	
Meeting Room Rental	$1,300		($400)		$900		$865	
Insurance	$6,646		($604)		$6,042		$6,042	
Legal Advertising	$1,800		$4,000		$5,800		$5,615	
Other Current Charges	$1,000		$68		$1,068		$1,068	
Office Supplies	$100		$0		$100		$81	
Dues, Licenses & Subscriptions	$175		$0		$175		$175	
Capital Outlay	$250		$19,692		$19,942		$19,942	
Total Administrative Expenditures 	$97,087 		 	$26,545 		 	$123,632 		 	$116,846 	
Utilities							
Electric	$21,000		$4,061		$25,061		$25,061	
Water & Sewer	$56,500		$0		$56,500		$43,561	
Total Utilities 	$77,500 		 	$4,061 		 	$81,561 		 	$68,622 	
Contract Services							
Landscape Maintenance	$57,072		$5,154		$62,226		$62,226	
Irrigation Maintenance	$3,000		$0		$3,000		$2,146	
Lake Maintenance	$12,900		$0		$12,900		$12,900	
Janitorial Services	$7,200		$0		$7,200		$6,600	
Trash Removal Services	$7,440		$0		$7,440		$6,000	
Management Company	$9,000		$0		$9,000		$9,000	
Pest Control Services	$225		($211)		$14		$14	
Holiday Decorations	$0		$1,161		$1,161		$1,161	
Total Contract Services 	$96,837 		 	$6,105 		 	$102,942 		 	$100,048 	

Repairs & Maintenance							
Repairs & Maintenance	$16,408		$7,114		$23,522		$23,522	
Total Repairs & Maintenance 	$16,408 		 	$7,114 		 	$23,522 		 	$23,522 	
TOTAL EXPENDITURES 	$287,832 		 	$43,824 		 	$331,656 		 	$309,037 	
EXCESS REVENUES (EXPENDITURES)	 	($6,711)		 	($40,425)		 	($47,136)		 	($24,516)	
FUND BALANCE - Beginning	$6,711		$40,425		$47,136		$119,647	
FUND BALANCE - Ending	 	$0 		$0		$0		$95,131