Thousand Oaks Community Development District

Amended Final Budget For Fiscal Year 2017/2018
October 1, 2017 - September 30, 2018

CONTENTS

AMENDED FINAL OPERATING FUND BUDGET

AMENDED FINAL DEBT SERVICE FUND BUDGET

AMENDED FINAL BUDGET
THOUSAND OAKS COMMUNITY DEVELOPMENT DISTRICT OPERATING FUND
FISCAL YEAR 2017/2018 OCTOBER 1, 2017 - SEPTEMBER 30, 2018

REVENUES	FISCAL YEAR 2017/2018 BUDGET
10/1/17 - 9/30/18	AMENDED FINAL BUDGET
10/1/17 - 9/30/18	YEAR TO DATE ACTUAL
10/1/17 - 9/29/18	
O & M ASSESSMENTS	217,479	218,024	218,024	
DEBT ASSESSMENTS (A1)	367,957	368,880	368,880	
DEBT ASSESSMENTS (A2)	94,511	94,770	94,770	
OTHER REVENUES	0	0	0	
INTEREST INCOME	240	0	0	
				
Total Revenues	$	680,187	$	681,674	$	681,674	
				
EXPENDITURES				
SUPERVISOR FEES	12,000	11,400	11,400	
PAYROLL TAXES	960	872	872	
AQUATIC/STORMWATER MANAGEMENT	28,400	26,000	24,596	
LAWN/LANDSCAPE MANAGEMENT	41,715	45,500	44,429	
MAINTENANCE CONTINGENCY	40,000	36,000	34,722	
ENGINEERING/INSPECTIONS/REPORTS	5,000	2,725	2,725	
MANAGEMENT	32,364	32,364	32,364	
SECRETARIAL	4,200	4,200	4,200	
LEGAL	8,000	8,559	8,559	
ASSESSMENT ROLL	8,000	8,000	8,000	
AUDIT FEES	3,800	3,800	3,800	
ARBITRAGE REBATE FEE	1,300	1,300	1,300	
INSURANCE	6,356	5,778	5,778	
LEGAL ADVERTISING	1,250	1,858	1,858	
MISCELLANEOUS	1,750	1,500	1,175	
POSTAGE	625	155	148	
OFFICE SUPPLIES	1,075	775	738	
DUES & SUBSCRIPTIONS	175	175	175	
TRUSTEE FEES	3,800	3,500	3,500	
CONTINUING DISCLOSURE FEE	1,000	0	0	
TRAVEL	1,900	1,356	1,356	
WEBSITE MANAGEMENT	1,000	1,000	1,000	
TOTAL EXPENDITURES	$	204,670	$	196,817	$	192,695	
				
REVENUES LESS EXPENDITURES	$	475,517	$	484,857	$	488,979	
				
Bond Payments (A1)	(345,880)	(352,579)	(352,579)	
Bond Payments (A2)	(88,840)	(90,582)	(90,582)	
				
BALANCE	$	40,797	$	41,696	$	45,818	
				
County Appraiser & Tax Collector Fee	(13,599)	(7,673)	(7,673)	
Discounts For Early Payments	(27,198)	(23,713)	(23,713)	
				
EXCESS/ (SHORTFALL)	$	-	$	10,310	$	14,432	
				
Carryover From Prior Year	0	0	0	
				
NET EXCESS/ (SHORTFALL)	$	-	$	10,310	$	14,432	

OPERATING FUND BALANCE AS OF 9/30/17	
FY 2017/2018 ACTIVITY	
OPERATING FUND BALANCE AS OF 9/30/18	

$108,655	
$10,310	
$118,965	

Notes
Carryover From Prior Year Of $1,000 to be used to reduce Fiscal Year 2018/2019 Assessments.

AMENDED FINAL BUDGET
THOUSAND OAKS COMMUNITY DEVELOPMENT DISTRICT DEBT SERVICE FUND
FISCAL YEAR 2017/2018 OCTOBER 1, 2017 - SEPTEMBER 30, 2018

REVENUES	FISCAL YEAR 2017/2018 BUDGET
10/1/17 - 9/30/18	AMENDED FINAL BUDGET
10/1/17 - 9/30/18	YEAR TO DATE ACTUAL
10/1/17 - 9/29/18	
Interest Income (A1)	25	4,926	4,926	
Interest Income (A2)	50	1,282	1,282	
NAV Tax Collection (A1)	345,880	352,579	352,579	
NAV Tax Collection (A2)	88,840	90,582	90,582	
Total Revenues	$	434,795	$	449,369	$	449,369	
				
EXPENDITURES				
Principal Payments (2005A1)	195,000	195,000	195,000	
Principal Payments (2005A2)	50,000	50,000	50,000	
Extraordinary Principal Payments (2016A1)	3,625	0	0	
Extraordinary Principal Payments (2016A2)	170	0	0	
Interest Payments (2016A1)	147,280	150,400	150,400	
Interest Payments (2016A2)	38,720	39,520	39,520	
Total Expenditures	$	434,795	$	434,920	$	434,920	
				
Excess/ (Shortfall)	$	-	$	14,449	$	14,449	

OPERATING FUND BALANCE AS OF 9/30/17	
FY 2017/2018 ACTIVITY	
OPERATING FUND BALANCE AS OF 9/30/18	

$392,086	
$14,449	
$406,535	

Notes
A1 Reserve Fund Balance = $140,851* A1 Revenue Fund Balance = $180,690* A2 Reserve Fund Balance = $36,177* A2 Revenue Fund Balance = $48,801*
A1 Revenue Fund Balance To Be Used To Make 11/1/2018 Interest Payment Of $72,080. A2 Revenue Fund Balance To Be Used To Make 11/1/2018 Interest Payment Of $18,960.
* Approximate Amounts

Series 2016A1 Bond Information		
Original Par Amount =	$4,875,000	Annual Principal Payments Due:	
Interest Rate =	3.20%	May 1st	
Issue Date =	December 2016	Annual Interest Payments Due:	
Maturity Date =	May 2035	May 1st & November 1st	
Par Amount As Of 9/30/18 =	$4,505,000		
Series 2016A2 Bond Information			
Original Par Amount =	$1,275,000	Annual Principal Payments Due:	
Interest Rate =	3.20%	May 1st	
Issue Date =	December 2016	Annual Interest Payments Due:	
Maturity Date =	May 2036	May 1st & November 1st	
Par Amount As Of 9/30/18 =	$1,185,000