RESOLUTION 2020-01

A RESOLUTION OF THE BOARD OF SUPERVISORS OF THE INDIGO COMMUNITY DEVELOPMENT DISTRICT APPROVING AN AMENDEDMENT TO THE GENERAL FUND BUDGET FOR FISCAL YEAR 2019 AND PROVIDING FOR AN EFFECTIVE DATE.

WHEREAS, pursuant to Resolution 2018-03 the Indigo Community Development District Board of Supervisors (the "Board") adopted a General Fund Budget for Fiscal Year 2019; and

WHEREAS, the Board desires to amend the budgeted revenues and expenditures approved for Fiscal Year 2019.

NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF SUPERVISORS OF THE INDIGO COMMUNITY DEVELOPMENT DISTRICT:

The General Fund Budget for Fiscal Year 2019 is hereby amended and restated as set forth on the Fiscal Year 2019 Budget attached hereto as "Exhibit A".

This Resolution shall take effect immediately upon adoption and be reflected in the monthly and Fiscal Year End 9/30/2019 Financial Statements and Audit Report of the District.

PASSED AND ADOPTED TIIlS 19th DAY OF DECEMBER, 2019.

ATTEST:	BOARD OF SUPERVISORS OF THE INDIGO	COMMUNITY DEVELOPMENT DISTRICT

Its:._ _ _

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• • • • • .-

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Indigo
Community Development District

Amended Budget
FY 2019

Desr:ripllon

Adopted B1>dget FY2019

Increase/
(Decrease)

Amended Budget FY2019

Actuals
,Oru
9130/19

Revenues

Maio1enam:e Assessments Assessments - Selllemen Interest lnoome
l-95 Cily <lfDaylona funding Misce!lanenus lnoome
Misca aneous Income - foreclosures
Cany Forward Surpllls

$801,579
$1,0"00
$8,100
"so
5300,000

(S83,BBOJ
$74,500
SHl,416
$675
$4,294
$46,134 ($50,454)

$717,699
$74,500
$20.416
$8,775
$4,294
$46,134
$249,546

$717,699
S74,500
$20,416
$8,775
$4,294
$48,134
$240,949

Tolal Revenues	$1 110 679	$12 685	$1 123 364	$1,114,766

Expenditures

Admillislrarive

Superviso, Fees FICA Expense Engineering Allomey Annual Aud Art>iltage Trus!ee Fees

Special Assessment Ron Servici,s	$20,000	
Management Feu	$56,500	
lnfn,ma\io11 Technnlogy	$2,8D0	
Telephone	$300	
Pnslag11	$1,500	

Disseminal>on Agent

Insurance
Printing & Binding
Legal Adve lsing

$12,000	(S.4,400)	$7,600

"

$918	($.337)	$581
$5,000	(SS,000)
S32,000	($17.000)	$15,000

"

$5,000	$1,500	$6,500
$1,350	$1,350
$3,800	$300	$4,100

"

$20,000	$20,000	
$56,500	$56,500	
$5,050	$5,050	
$300	$152	
$1,500	$553	

$3,100	"	$3,100

"

$2,2"50

$1,500	$1,500'"

$20,300	"	$20,300

'"

$2,500	""	$2,500

$7,600
$561
$14,0"70
$6,500
$1,350
$4,069
$3,000

$18,367
$1,315
$2,443

Olhar O.umnl Charges

Annual Oish\cl Fi<lg Fee

$1,000

$175

,",

$1,000

$175

$586

$175

Off,i;e Supplies

$350	"	$350

$177

Fnreclosure Cnsls
Offce Expense

Admlnlstraliv" Expenses

Ma¥/lenance &penses 1-95 Landscape Mailllenance Landscape Cnnlingancy
trrigalion Repairs & Maintenance
Mowing

$48,134	$48,134
$6,000	'"	$6,000
$176 093	$25 447	$201,540

"

$50,400	$50,400
$2,000	{$1,500)	$500
$10,000	$14,500	$24,500
$8,100	(58,100)

$48,134
$6,000

$196,662

$50,400
$365
$24,346
'"

Lakes

$5,156

$5,1"56

$4,605

Planl Rep!aoomenl & Annuals
UtiiHes

Tntal l.$5 Malntenan&e E1<penses

$8,000	($2,0"00)	$6,000
$12,000	$4,000	$16,000
$10,000	($6,000)	$4,000
$2,000	'"	$2,000
$107,656	noo	$108,666

$5,913
$15,925
$3,884
$1,594

$107,032

Oescriplion

Adopted	 	
Budget	lnernase/
FY2019	(Decrease)

Amended Budget FY2019

Actuals 9130119

...

Mai'lfem,n,;;eExpenses. Cnmmunlty Wde
On-Sile Manager landscape Maintenance landscape Conlingency
lrn!)a1ion Repai,s & Maintenance
lakes
Plant Replacement & Annuals
U!iilies

$31,800	$0
$462,084	($43,200)
$26,912	$5,086
$30,000	$31,000
$37,212	$0
$35,000	$4,000
$45,000	($10,000)

$31,600	$31,600
$418,884	$418,68-4
$32,000	$31,585
$61,000	$60,818
$37,212	$37,212
$39,000	$38,693
535,000	$33,901

"	.".

Repars Slo""""'lerSystem Sidewalks
Sireet Lighting
Miscenaneous
Conse/Valion Easemen1 Maintenance T,e" Trimming

Community Wide	$826,930	($13,662)	$813,266	$811,072	
  Tot.al Maln1enance Expen•es	$934,586	($12,762)	$921,824	$916,104	
	$12665	$1 123 364	$1114 766	

EXCESS REVENUES/(EXPENOITURES}	$0	,.	
$0	
($0)	

111 enance 1<penses •

$65,972	($20,000)
$3,750	($3,750)
$3,000	($3,000)
$0	$0
$15,000	$9,000
$28,000	$3,150
$43,200	$14,050

$45,972	$45,702

"$0	$0
$24,000	S23,995
$31,150	$31,248
$57,250	$57,234

TOTAL EXPENDITURES

$1110 679