Windward Community Development District
Amended Budget FY 2018

Table of Contents

1	 	General Fund

2-4	 	General Fund Narrative

Windward
Community Development District		
	Adopted
Budget	
Increase/	Adopted
Budget	
Description	FY2018	(Decrease)	FY2018	

Revenues				
Developer Contributions	$93,327	$85,873	$179,200	
Total Revenues	$93,327	$85,873	$179,200	

Expenditures				
Administrative				
Supervisor Fees	$4,800	$0	$4,800	
FICA Expense	$367	$0	$367	
Engineering	$12,000	($4,000)	$8,000	
Attorney	$25,000	($15,000)	$10,000	
Management Fees	$35,000	$0	$35,000	
Information Technology	$600	$0	$600	
Telephone	$300	($150)	$150	
Postage	$1,000	($750)	$250	
Insurance	$5,800	($800)	$5,000	
Printing & Binding	$1,000	($500)	$500	
Legal Advertising	$5,000	($2,500)	$2,500	
Other Current Charges	$1,000	($133)	$867	
Office Supplies	$625	$0	$625	
Travel Per Diem	$660	$0	$660	
Dues, Licenses & Subscriptions	$175	$0	$175	
Administrative Expenses	$93,327	($23,833)	$69,494	

Operation & Maintenance				
Electric	$0	$8,000	$8,000	
Water & Sewer	$0	$38,000	$38,000	
Security Building Maintenance	$0	$1,000	$1,000	
Landscape Maintenance	$0	$34,306	$34,306	
Landscape Contingency	$0	$23,000	$23,000	
Fountain Maintenance	$0	$4,200	$4,200	
Irrigation Repairs	$0	$1,200	$1,200	
Contingency	$0	$0	$0	
Operation & Maintenance Expenses	$0	$109,706	$109,706	
				
Total Expenditures	$93,327	$85,873	$179,200	
				
Excess Revenues/(Expenditures)	$0	$0	$0	

REVENUES:

Developer Contributions

The District will enter into a Funding Agreement with the Developer to Fund the General Fund expenditures for the Fiscal Year.

EXPENDITURES:

Administrative:

Supervisor Fees

Chapter 190, Florida Statutes, allows for each Board member to receive $200 per meeting, not to exceed $4,800 per year paid to each Supervisor for the time devoted to District business and meetings.

FICA Expense

Represents the Employer’s share of Social Security and Medicare taxes withheld from Board of Supervisor checks.

Engineering

The District's engineer will be providing general engineering services to the District,
e.g. attendance and preparation for monthly board meetings, review invoices and various projects as directed by the Board of Supervisors and the District Manager.

Attorney

The District's legal counsel will be providing general legal services to the District,
e.g. attendance and preparation for monthly meetings, preparation for Board meetings, preparation and review of agreements, resolutions, and other research as directed by the Board of Supervisors and the District Manager.

Management Fees

The District receives Management, Accounting and Administrative services as part of a Management Agreement with Governmental Management Services-Central Florida, LLC The services include but are not limited to, recording and transcription of board meetings, administrative services, budget preparation, all financial  reports, annual audits, etc.

Information Technology

Represents costs related to District’s accounting and information systems, District’s website creation and maintenance, electronic compliance with Florida Statutes and other electronic data requirements.

Windward
Community Development District
GENERAL FUND BUDGET

Telephone

Telephone and fax machine.

Postage

Mailing of agenda packages, overnight deliveries, correspondence, etc.

Insurance

The District’s general liability, public officials liability and property insurance coverages.

Printing & Binding

Printing	and   Binding   agenda	packages	for	board	meetings,	printing	of computerized checks, stationary, envelopes etc.

Legal Advertising

The District is required to advertise various notices for monthly Board meetings, public hearings, etc in a newspaper of general circulation.

Other Current Charges

Bank charges and any other miscellaneous expenses incurred during the year.

Office Supplies

Miscellaneous office supplies.

Travel Per Diem

The Board of Supervisors can be reimbursed for travel expenditures related to the conducting of District business.

Dues, Licenses & Subscriptions

The District is required to pay an annual fee to the Florida Department of Economic Opportunity for $175. This is the only expense under this category for the District.

Field:

Electric

Represents estimated costs for electrical accounts with Duke Energy for entrance lighting, irrigation meters and other District areas.

Windward
Community Development District
GENERAL FUND BUDGET

Water & Sewer

Represents estimated costs for water & sewer services with Toho Water Authority for fountain, guardhouse, irrigation meters and other District areas.

Security Building Maintenance

Represents estimated costs for any repairs and maintenance to the guardhouse.

Landscape Maintenance

The District will maintain the landscaping within the common areas of the District after installation of landscape material has been completed. The District has contracted with Down to Earth Lawncare II, Inc. for this service.

Description	Monthly	Annual	
Landscape Maintenance	$3,167
Total	$38,000	
	$38,000	

Landscape Contingency

Represents estimated costs for any additional landscape expenses not covered under the monthly landscape maintenance contract.

Fountain Maintenance

The District will schedule the regularly cleaning and treatment of the fountain maintained by the District. The District will be contracting with Grunit Pool Contractors.

Description	Monthly	Annual	
Fountain Maintenance	$350
Total	$4,200	
	$4,200	

Irrigation Repairs

Represents estimated costs for any repairs to the irrigation system

Contingency

Represents any additional field expense that may not have been provided for in the budget.