West Villages	
Improvement District	

Amended Final Budget For	
Fiscal Year 2022/2023	
October 1, 2022 - September 30, 2023	

WEST VILLAGES IMPROVEMT DISTRICT
FY 2021/2022 AMENDED FINAL BUDGET

TABLE OF CONTENTS

Budget Summary

All Units Comparison	1	

Amended Final Operating Fund Budget - District Proper	2	

Amended Final Operating Fund Budget - Unit 1	3	

Amended Final Operating Fund Budget - Unit 2	4	

Amended Final Operating Fund Budget - Unit 3	5	

Amended Final Operating Fund Budget - Unit 4	6	

Amended Final Operating Fund Budget - Unit 5	7	

Amended Final Operating Fund Budget - Unit 7	8	

Amended Final Operating Fund Budget - Unit 8	9	

Amended Final Operating Fund Budget - Unit 9	10	

Amended Final Operating Fund Budget - Unit 10	11	

Debt Service

Amended Final Debt Service Fund Budget - Unit 1	12	

Amended Final Debt Service Fund Budget - Unit 2	13	

Amended Final Debt Service Fund Budget - Unit 3	14	

Amended Final Debt Service Fund Budget - Unit 4	15	

Amended Final Debt Service Fund Budget - Baseball Stadium	16	

Amended Final Debt Service Fund Budget - Unit 7 (Series 2019)	17	

Amended Final Debt Service Fund Budget - Unit 7 (Series 2021)	18	

Amended Final Debt Service Fund Budget - Unit 8	19	

Amended Final Debt Service Fund Budget - Unit 9 (Series 2023)	20	

AMENDED FINAL BUDGET COMPARISON - ALL UNITS
WEST VILLAGES IMPROVEMENT DISTRICT

FISCAL YEAR	FISCAL YEAR	FISCAL YEAR	
2022/2023	2022/2023	2022/2023	
ANNUAL BUDGET	AMENDED FINAL BUDGET	ACTUAL	
10/1/22 - 9/30/23	10/1/22 - 9/30/23	10/1/22 - 9/29/23	

 REVENUES		
O & M ASSESSMENTS	
O & M ASSESSMENTS - DIRECT BILL	
DEBT ASSESSMENTS	
DEBT DIRECT BILL	
INTEREST INCOME	
DEVELOPER CONTRIBUTION	
OTHER REVENUES	
OTHER REVENUES - EQUIP PURCHASE REIMBURSEMENT	
OTHER REVENUES - TRANSPORT IMPACT	
BOND PREPAYMENTS	
BOND PREPAYMENTS TO TRUSTEE	
 CARRY OVER FUNDS FROM PRIOR YEAR		
 Total Revenues		

3,056,776	3,013,787	3,013,787	
627,439	388,432	388,432	
8,269,267	6,989,817	6,989,817	
6,149,615	7,166,182	7,166,182	
1,000	306,605	306,605	
0	233,083	233,083	
0	2,446,151	2,446,151	
0	14,933	14,933	
0	0	0	
0	598,422	598,422	
0	(598,422)	(598,422)	
	18,205		0		0	
 $	18,122,303 	 $	20,558,989 	 $	20,558,989 	

 EXPENDITURES		
BASEBALL FACILITY EXPENSES	
INFRASTRUCTURE MAINTENANCE	
GIS PROJECT	
ENGINEERING	
MANAGEMENT	
OPERATIONS ADMINISTRATION	
LEGAL	
ASSESSMENT ROLL	
AUDIT FEES	
ARBITRAGE REBATE FEE	
RENTS & LEASES	
INSURANCE	
LEGAL ADVERTISING	
MISCELLANEOUS	
VEHICLES	
POSTAGE	
OFFICE SUPPLIES	
TRUSTEE FEES	
WEBSITE	
CONTINUING DISCLOSURE FEE	
CAPITAL OUTLAY	
 EQUIP PURCHASE FOR OTHER GOVS		
 Total Expenditures		

25,000	25,000	25,000	
2,462,163	5,987,000	5,838,911	
40,000	0	0	
147,000	309,000	276,025	
156,626	156,626	156,626	
182,150	182,150	182,150	
273,000	751,000	692,823	
18,000	18,000	18,000	
30,000	30,000	28,210	
10,000	6,500	5,850	
15,000	14,400	11,182	
47,000	75,000	70,611	
15,000	6,000	4,666	
29,975	72,175	49,752	
0	0	0	
3,000	1,500	1,041	
8,000	3,800	3,058	
50,100	43,198	43,198	
1,500	1,500	1,500	
6,500	7,000	7,000	
0	0	0	
0	20,000	11,200	
$	3,520,014	$	7,709,849	$	7,426,803	

 
 EXCESS OR (SHORTFALL)	  $	14,602,289 

DEBT PAYMENT TO TRUSTEE (ALL UNITS)		 $	12,849,140 		 $	13,132,186 	
 
 BALANCE	  $	679,562 		 $	(1,043,940)		 $	(760,894)	

COUNTY APPRAISER & TAX COLLECTOR FEE	
DISCOUNTS FOR EARLY PAYMENTS	

(226,521)	(96,141)	(96,141)	
(453,042)	(380,983)	(380,983)	

   

(13,922,727)	(13,893,080)	(13,893,080)	

 NET EXCESS/SHORTFALL	

 $	-	

 $	(1,521,064)

 $	(1,238,018)

DISTRICT PROPER FISCAL YEAR 2022/2023
OCTOBER 1, 2022 - SEPTEMBER 30, 2023

FISCAL YEAR	FISCAL YEAR	FISCAL YEAR	
2022/2023	2022/2023	2022/2023	
ANNUAL BUDGET	AMENDED FINAL BUDGET	ACTUAL	
10/1/22 - 9/30/23	10/1/22 - 9/30/23	10/1/22 - 9/29/23	

 REVENUES				
O & M ASSESSMENTS		334,602	339,009	339,009	
O & M DIRECT BILL		24,330	0	0	
DEBT ASSESSMENTS		0	0	0	
DEBT DIRECT BILL		0	0	0	
INTEREST INCOME		1,000	264,992	264,992	
DEVELOPER CONTRIBUTION		0	0	0	
OTHER REVENUES		0	14,500	14,500	
OTHER REVENUES - TRANSPORT IMPACT		0	0	0	
OTHER REVENUES - EQUIPMENT PURCHASE		0	14,933	14,933	
CARRY OVER FUNDS FROM PRIOR YEAR		18,205	0	0	
 Total Revenues			$	378,137	$	633,434	$	633,434	

 EXPENDITURES		
GIS PROJECT	
ENGINEERING	
MANAGEMENT	
OPERATIONS ADMINISTRATION	
LEGAL	
ASSESSMENT ROLL	
ANNUAL AUDIT	
ARBITRAGE REBATE FEE	
RENTS & LEASES	
INSURANCE	
LEGAL ADVERTISING	
MISCELLANEOUS	
VEHICLES	
POSTAGE	
OFFICE SUPPLIES	
DUES & SUBSCRIPTIONS	
TRUSTEE FEES	
CONTINUING DISCLOSURE FEE	
WEBSITE	
EQUIPMENT PURCHASE FOR OTHER GOV	
 CAPITAL OUTLAY		
 Total Expenditures		

40,000	0	0	
45,000	40,000	35,481	
60,586	60,586	60,586	
31,300	31,300	31,300	
75,000	170,000	157,301	
7,500	9,000	9,000	
6,000	6,000	5,890	
0	0	0	
15,000	14,400	11,182	
47,000	75,000	70,611	
15,000	6,000	4,666	
3,175	45,000	39,347	
0	0	0	
3,000	1,500	1,041	
8,000	2,000	1,406	
0	175	175	
0	0	0	
0	0	0	
1,500	1,500	1,500	
0	20,000	11,200	
0	0	0	
$	358,061	$	482,461	$	440,686	

 

 EXCESS OR (SHORTFALL)		$

20,076	$

150,973	$

192,748

$	20,076	$	150,973	$	192,748	

(6,692)	
(3,254)	
(3,254)	
(13,384)	(12,888)	(12,888)	

PAYMENT TO TRUSTEE	-	-	-

 BALANCE	

COUNTY APPRAISER & TAX COLLECTOR FEE	
DISCOUNTS FOR EARLY PAYMENTS	

 NET EXCESS/SHORTFALL		$

-	$	134,831	$

176,606

UNIT ONE FISCAL YEAR 2022/2023
OCTOBER 1, 2022 - SEPTEMBER 30, 2023

FISCAL YEAR	FISCAL YEAR	FISCAL YEAR	
2022/2023	2022/2023	2022/2023	
ANNUAL BUDGET	AMENDED FINAL BUDGET	ACTUAL	
10/1/22 - 9/30/23	10/1/22 - 9/30/23	10/1/22 - 9/29/23	

 REVENUES				
O & M ASSESSMENTS		2,161,960	2,138,604	2,138,604	
O & M DIRECT BILL		43,405	0	0	
DEBT ASSESSMENTS		2,357,243	2,331,772	2,331,772	
DEBT DIRECT BILL		158,185	0	0	
INTEREST		0	24,883	24,883	
DEVELOPER CONTRIBUTION		0	207,024	207,024	
OTHER REVENUES		0	2,128,204	2,128,204	
OTHER REVENUES - EQUIP PURCHASE REIMBURSEMENT		0	0	0	
CARRY OVER FUNDS FROM PRIOR YEAR		0	0	0	
 Total Revenues			$	4,720,793	$	6,830,488	$	6,830,488	

 EXPENDITURES		
INFRASTRUCTURE MAINTENANCE	
GIS PROJECT	
ENGINEERING	
MANAGEMENT	
OPERATIONS ADMINISTRATION	
LEGAL	
ASSESSMENT ROLL	
AUDIT FEES	
ARBITRAGE REBATE FEE	
RENTS & LEASES	
INSURANCE	
LEGAL ADVERTISING	
MISCELLANEOUS	
POSTAGE	
OFFICE SUPPLIES	
DUES & SUBSCRIPTIONS	
TRUSTEE FEES	
CONTINUING DISCLOSURE FEE	
WEBSITE	
CONTINGENCY / PREV SHORTFALL	
 EQUIP PURCHASE FOR OTHER GOVS		
 Total Expenditures		

1,967,143	5,500,000	5,397,531	
0	0	0	
25,000	140,000	131,547	
12,005	12,005	12,005	
33,300	33,300	33,300	
25,000	55,000	44,742	
1,500	1,500	1,500	
3,000	3,000	2,790	
1,500	650	650	
0	0	0	
0	0	0	
0	0	0	
1,700	10,000	4,541	
0	0	0	
0	0	46	
0	0	0	
5,000	4,246	4,246	
500	500	500	
0	0	0	
0	0	0	
0	0	0	
$	2,075,648	$	5,760,201	$	5,633,398	

 EXCESS OR (SHORTFALL)	

$	2,645,146	$	1,070,287	$	1,197,090	
(2,373,994)	(2,313,301)	(2,313,301)	

PAYMENT TO TRUSTEE

 BALANCE		$

271,152	$

(1,243,014)  $

(1,116,211)

COUNTY APPRAISER & TAX COLLECTOR FEE	
DISCOUNTS FOR EARLY PAYMENTS	

 

(90,384)	
(42,966)	
(42,966)	
(180,768)	(170,264)	(170,264)	

 NET EXCESS/SHORTFALL		$

-	$	(1,456,243)  $

(1,329,440)

UNIT TWO FISCAL YEAR 2022/2023
OCTOBER 1, 2022 - SEPTEMBER 30, 2023

FISCAL YEAR	FISCAL YEAR	FISCAL YEAR	
2022/2023	2022/2023	2022/2023	
ANNUAL BUDGET	AMENDED FINAL BUDGET	ACTUAL	
10/1/22 - 9/30/23	10/1/22 - 9/30/23	10/1/22 - 9/29/23	

 REVENUES				
O & M ASSESSMENTS		56,003	30,830	30,830	
O & M DIRECT BILL		1,213	0	0	
DEBT ASSESSMENTS		2,696,557	1,435,366	1,435,366	
DEBT DIRECT BILL		60,350	0	0	
INTEREST		0	0	0	
DEVELOPER CONTRIBUTION		0	0	0	
OTHER REVENUES		0	0	0	
BOND PREPAYMENTS		0	578,382	578,382	
BOND PREPAYMENTS TO TRUSTEE		0	(578,382)	(578,382)	
CARRY OVER FUNDS FROM PRIOR YEAR		0	0	0	
 Total Revenues			$	2,814,123	$	1,466,196	$	1,466,196	

 EXPENDITURES		
INFRASTRUCTURE MAINTENANCE	
ENGINEERING	
MANAGEMENT	
OPERATIONS ADMINISTRATION	
LEGAL	
ASSESSMENT ROLL	
AUDIT FEES	
ARBITRAGE REBATE FEE	
RENTS & LEASES	
INSURANCE	
LEGAL ADVERTISING	
MISCELLANEOUS	
POSTAGE	
OFFICE SUPPLIES	
DUES & SUBSCRIPTIONS	
TRUSTEE FEES	
CONTINUING DISCLOSURE FEE	
WEBSITE	
CONTINGENCY / PREV SHORTFALL	
 CAPITAL OUTLAY		
 Total Expenditures		

0	5,000	0	
2,000	12,000	9,640	
12,005	12,005	12,005	
15,650	15,650	15,650	
10,000	2,000	753	
1,500	1,500	1,500	
3,000	3,000	2,790	
1,500	1,300	1,300	
0	0	0	
0	0	0	
0	0	0	
1,700	1,000	450	
0	0	0	
0	0	0	
0	0	0	
5,000	4,849	4,849	
1,500	1,500	1,500	
0	0	0	
0	0	0	
0	0	0	
$	53,855	$	59,804	$	50,437	

 EXCESS OR (SHORTFALL)		$	2,760,268	$	1,406,392	$	1,415,759	

PAYMENT TO TRUSTEE	
(2,595,114)		
(1,360,040)	
(1,360,040)	

 BALANCE						

COUNTY APPRAISER & TAX COLLECTOR FEE	
DISCOUNTS FOR EARLY PAYMENTS	

$	165,154	$	46,352	$	55,719	

(55,051)	
(14,092)	
(14,092)	
(110,102)	(55,843)	(55,843)	

 NET EXCESS/SHORTFALL		$

-	$	(23,583)  $

(14,216)

UNIT THREE FISCAL YEAR 2022/2023
OCTOBER 1, 2022 - SEPTEMBER 30, 2023

FISCAL YEAR	FISCAL YEAR	FISCAL YEAR	
2022/2023	2022/2023	2022/2023	
ANNUAL BUDGET	AMENDED FINAL BUDGET	ACTUAL	
10/1/22 - 9/30/23	10/1/22 - 9/30/23	10/1/22 - 9/29/23	

 REVENUES				
O & M ASSESSMENTS		284,282	284,919	284,919	
O & M DIRECT BILL		0	0	0	
DEBT ASSESSMENTS		1,338,233	1,341,234	1,341,234	
DEBT DIRECT BILL		0	0	0	
INTEREST		0	16,730	16,730	
DEVELOPER CONTRIBUTION		0	0	0	
OTHER REVENUES		0	0	0	
BOND PREPAYMENTS		0	9,039	9,039	
BOND PREPAYMENTS TO TRUSTEE		0	(9,039)	(9,039)	
OTHER REVENUES - CAPITAL		0	0	0	
CARRY OVER FUNDS FROM PRIOR YEAR		0	0	0	
 Total Revenues			$	1,622,515	$	1,642,883	$	1,642,883	

 EXPENDITURES		
INFRASTRUCTURE MAINTENANCE	
ENGINEERING	
MANAGEMENT	
OPERATIONS ADMINISTRATION	
LEGAL	
ASSESSMENT ROLL	
AUDIT FEES	
ARBITRAGE REBATE FEE	
RENTS & LEASES	
INSURANCE	
LEGAL ADVERTISING	
MISCELLANEOUS	
POSTAGE	
OFFICE SUPPLIES	
DUES & SUBSCRIPTIONS	
TRUSTEE FEES	
CONTINUING DISCLOSURE FEE	
WEBSITE	
CONTINGENCY / PREV SHORTFALL	
 CAPITAL OUTLAY		
 Total Expenditures		

100,620	60,000	47,190	
25,000	65,000	56,794	
12,005	12,005	12,005	
17,650	17,650	17,650	
100,000	500,000	474,143	
1,500	1,500	1,500	
3,000	3,000	2,790	
1,500	650	650	
0	0	0	
0	0	0	
0	0	0	
1,700	10,000	5,143	
0	0	0	
0	1,800	1,606	
0	0	0	
3,750	4,246	4,246	
500	500	500	
0	0	0	
0	0	0	
0	0	0	
$	267,225	$	676,351	$	624,217	

 

 EXCESS OR (SHORTFALL)		$

1,355,290	$

966,532	$

1,018,666

PAYMENT TO TRUSTEE	(1,257,939)	(1,270,848)	(1,270,848)

 BALANCE	

COUNTY APPRAISER & TAX COLLECTOR FEE		$	97,351

(32,450)	$	(304,316)

(15,629)	$	(252,182)

(15,629)	
DISCOUNTS FOR EARLY PAYMENTS		(64,901)	(61,935)	(61,935)	
 NET EXCESS/SHORTFALL			$	-	$	(381,880)	$	(329,747)	

UNIT FOUR FISCAL YEAR 2022/2023
OCTOBER 1, 2022 - SEPTEMBER 30, 2023

FISCAL YEAR	FISCAL YEAR	FISCAL YEAR	
2022/2023	2022/2023	2022/2023	
ANNUAL BUDGET	AMENDED FINAL BUDGET	ACTUAL	
10/1/22 - 9/30/23	10/1/22 - 9/30/23	10/1/22 - 9/29/23	

 REVENUES		
O & M ASSESSMENTS	
O & M DIRECT BILL	
DEBT ASSESSMENTS	
DEBT DIRECT BILL	
INTEREST	
DEVELOPER CONTRIBUTION	
OTHER REVENUES	
OTHER REVENUES - CAPITAL	
CARRY OVER FUNDS FROM PRIOR YEAR	
 Total Revenues		

105,718	105,955	105,955	
-1,620	0	0	
866,319	868,263	868,263	
23,326	0	0	
0	0	0	
0	0	0	
0	0	0	
0	0	0	
0	0	0	
$	993,744	$	974,218	$	974,218	

 EXPENDITURES		
INFRASTRUCTURE MAINTENANCE	
ENGINEERING	
MANAGEMENT	
OPERATIONS ADMINISTRATION	
LEGAL	
ASSESSMENT ROLL	
AUDIT FEES	
ARBITRAGE REBATE FEE	
RENTS & LEASES	
INSURANCE	
LEGAL ADVERTISING	
MISCELLANEOUS	
POSTAGE	
OFFICE SUPPLIES	
DUES & SUBSCRIPTIONS	
TRUSTEE FEES	
CONTINUING DISCLOSURE FEE	
WEBSITE	
CONTINGENCY / PREV SHORTFALL	
 CAPITAL OUTLAY		
 Total Expenditures		

40,650	40,000	35,444	
2,500	8,000	5,801	
12,005	12,005	12,005	
17,650	17,650	17,650	
13,000	2,000	753	
1,500	1,500	1,500	
3,000	3,000	2,790	
1,500	650	650	
0	0	0	
0	0	0	
0	0	0	
1,700	0	0	
0	0	0	
0	0	0	
0	0	0	
3,750	4,246	4,246	
500	500	500	
0	0	0	
0	0	0	
0	0	0	
$	97,755	$	89,551	$	81,340	

 EXCESS OR (SHORTFALL)		$	895,989	$	884,667	$	892,878	

PAYMENT TO TRUSTEE	
(837,666)		
(822,698)		
(822,698)	
 BALANCE		$	58,322	$	61,970	$	70,181	

COUNTY APPRAISER & TAX COLLECTOR FEE	
DISCOUNTS FOR EARLY PAYMENTS	

(19,441)	
(38,881)	

(9,363)	
(37,105)	

(9,363)	
(37,105)	

 

 NET EXCESS/SHORTFALL		$

-	$	15,501	$

23,712

COUNTY APPRAISER & TAX COLLECTOR FEE	
DISCOUNTS FOR EARLY PAYMENTS	

UNIT FIVE FISCAL YEAR 2022/2023
OCTOBER 1, 2022 - SEPTEMBER 30, 2023

FISCAL YEAR	FISCAL YEAR	FISCAL YEAR	
2022/2023	2022/2023	2022/2023	
ANNUAL BUDGET	AMENDED FINAL BUDGET	ACTUAL	
10/1/22 - 9/30/23	10/1/22 - 9/30/23	10/1/22 - 9/29/23	

 REVENUES				
O & M ASSESSMENTS		0	0	0	
O & M DIRECT BILL		87,255	0	0	
DEBT ASSESSMENTS		0	0	0	
DEBT DIRECT BILL		3,625,720	4,882,889	4,882,889	
INTEREST		0	0	0	
DEVELOPER CONTRIBUTION		0	25,000	25,000	
OTHER REVENUES		0	271,866	271,866	
CARRY OVER FUNDS FROM PRIOR YEAR		0	0	0	
 Total Revenues			$	3,712,975	$	5,179,755	$	5,179,755	

 EXPENDITURES		
BASEBALL FACILITY EXPENSES	
INFRASTRUCTURE MAINTENANCE	
ENGINEERING	
MANAGEMENT	
OPERATIONS ADMINISTRATION	
LEGAL	
ASSESSMENT ROLL	
AUDIT FEES	
ARBITRAGE REBATE FEE	
RENTS & LEASES	
INSURANCE	
LEGAL ADVERTISING	
MISCELLANEOUS	
POSTAGE	
OFFICE SUPPLIES	
DUES & SUBSCRIPTIONS	
TRUSTEE FEES	
CONTINUING DISCLOSURE FEE	
WEBSITE	
CONTINGENCY / PREV SHORTFALL	
 CAPITAL OUTLAY		
 Total Expenditures		

25,000	25,000	25,000	
10,000	12,000	9,385	
2,500	2,000	1,050	
12,005	12,005	12,005	
17,650	17,650	17,650	
10,000	1,000	0	
0	0	0	
3,000	3,000	2,790	
0	0	0	
0	0	0	
0	0	0	
0	0	0	
0	1,000	96	
0	0	0	
0	0	0	
0	0	0	
5,600	5,507	5,507	
1,500	1,500	1,500	
0	0	0	
0	0	0	
0	0	0	
$	87,255	$	80,662	$	74,982	

 EXCESS OR (SHORTFALL)			$	3,625,720	$	5,099,093	$	5,104,772	

PAYMENT TO TRUSTEE		
(3,625,720)	(4,882,889)	
(4,882,889)	
 BALANCE			$	-	$	216,204	$	221,883	
		
0	0	
0	
		0	0	0	
 NET EXCESS/SHORTFALL			$	-	$	216,204	$	221,883	

 EXCESS OR (SHORTFALL)		$	2,574,493	$	2,412,766	$	2,430,141	

PAYMENT TO TRUSTEE	
(2,506,985)	
(2,386,480)	
(2,386,480)	

FISCAL YEAR	FISCAL YEAR	FISCAL YEAR	
2022/2023	2022/2023	2022/2023	
ANNUAL BUDGET	AMENDED FINAL BUDGET	ACTUAL	
10/1/22 - 9/30/23	10/1/22 - 9/30/23	10/1/22 - 9/29/23	

 REVENUES				
O & M ASSESSMENTS		114,212	114,469	114,469	
O & M DIRECT BILL		269,796	239,027	239,027	
DEBT ASSESSMENTS		1,010,915	1,013,182	1,013,182	
DEBT DIRECT BILL		1,556,725	1,426,468	1,426,468	
INTEREST		0	0	0	
DEVELOPER FUNDING - WWTP		0	1,059	1,059	
OTHER REVENUES		0	8,282	8,282	
BOND PREPAYMENTS		0	11,001	11,001	
BOND PREPAYMENTS TO TRUSTEE		0	(11,001)	(11,001)	
CARRY OVER FUNDS FROM PRIOR YEAR		0	0	0	
 Total Revenues			$	2,951,648	$	2,802,486	$	2,802,486	

 EXPENDITURES				
INFRASTRUCTURE MAINTENANCE		283,500	300,000	288,458	
ENGINEERING		20,000	24,000	19,904	
MANAGEMENT		12,005	12,005	12,005	
OPERATIONS ADMINISTRATION		17,650	17,650	17,650	
LEGAL		20,000	12,000	10,473	
ASSESSMENT ROLL		1,500	1,500	1,500	
AUDIT FEES		3,000	3,000	2,790	
ARBITRAGE REBATE FEE		1,500	2,600	2,600	
RENTS & LEASES		0	0	0	
INSURANCE		0	0	0	
LEGAL ADVERTISING		0	0	0	
MISCELLANEOUS		5,000	0	0	
POSTAGE		0	0	0	
OFFICE SUPPLIES		0	0	0	
DUES & SUBSCRIPTIONS		0	0	0	
TRUSTEE FEES		12,000	15,965	15,965	
CONTINUING DISCLOSURE FEE		1,000	1,000	1,000	
WEBSITE		0	0	0	
CONTINGENCY / PREV SHORTFALL		0	0	0	
CAPITAL OUTLAY		0	0	0	
CAPITAL - DEVELOPER DEPOSIT REFUND		0	0	0	
 Total Expenditures			$	377,155	$	389,720	$	372,345	

 BALANCE			$	67,508	$	26,286	$	43,660	

COUNTY APPRAISER & TAX COLLECTOR FEE		(22,503)	(10,837)	(10,837)	
DISCOUNTS FOR EARLY PAYMENTS		(45,005)	(42,949)	(42,949)	
 NET EXCESS/SHORTFALL			$	-	$	(27,500)	$	(10,126)	

FISCAL YEAR	FISCAL YEAR	FISCAL YEAR	
2022/2023	2022/2023	2022/2023	
ANNUAL BUDGET	AMENDED FINAL BUDGET	ACTUAL	
10/1/22 - 9/30/23	10/1/22 - 9/30/23	10/1/22 - 9/29/23	

 REVENUES		
O & M ASSESSMENTS	
O & M DIRECT BILL	
DEBT ASSESSMENTS	
DEBT DIRECT BILL	
INTEREST	
DEVELOPER FUNDING	
OTHER REVENUES	
OTHER REVENUES - CAPITAL	
CARRY OVER FUNDS FROM PRIOR YEAR	
 Total Revenues		

0	0	0	
149,405	149,405	149,405	
0	0	0	
725,308	724,775	724,775	
0	0	0	
0	0	0	
0	0	0	
0	0	0	
0	0	0	
$	874,713	$	874,180	$	874,180	

 EXPENDITURES		
INFRASTRUCTURE MAINTENANCE	
ENGINEERING	
MANAGEMENT	
OPERATIONS ADMINISTRATION	
LEGAL	
ASSESSMENT ROLL	
AUDIT FEES	
ARBITRAGE REBATE FEE	
RENTS & LEASES	
INSURANCE	
LEGAL ADVERTISING	
MISCELLANEOUS	
POSTAGE	
OFFICE SUPPLIES	
DUES & SUBSCRIPTIONS	
TRUSTEE FEES	
CONTINUING DISCLOSURE FEE	
WEBSITE	
CONTINGENCY / PREV SHORTFALL	
CAPITAL OUTLAY	
CAPITAL - DEVELOPER DEPOSIT REFUND	
 Total Expenditures		

60,250	55,000	49,367	
20,000	2,000	1,695	
12,005	12,005	12,005	
15,650	15,650	15,650	
15,000	3,000	854	
1,500	1,500	1,500	
3,000	3,000	2,790	
1,500	650	0	
0	0	0	
0	0	0	
0	0	0	
10,000	0	0	
0	0	0	
0	0	0	
0	0	0	
10,000	4,139	4,139	
500	1,500	1,500	
0	0	0	
0	0	0	
0	0	0	
0	0	0	
$	149,405	$	98,444	$	89,500	

COUNTY APPRAISER & TAX COLLECTOR FEE	
DISCOUNTS FOR EARLY PAYMENTS	

 EXCESS OR (SHORTFALL)		$	725,308	$	775,736	$	784,680	

PAYMENT TO TRUSTEE	
(725,308)		
(724,775)		
(724,775)	
 BALANCE							

$	(0)	$	50,961	$	59,905	

-	
-	
-	
-	-	-	

 NET EXCESS/SHORTFALL		$

-	$	50,961	$

59,905

WEST VILLAGES IMPROVEMENT DISTRICT UNIT NINE
FISCAL YEAR 2022/2023 OCTOBER 1, 2022 - SEPTEMBER 30, 2023

FISCAL YEAR	FISCAL YEAR	FISCAL YEAR	
2022/2023	2022/2023	2022/2023	
ANNUAL BUDGET	AMENDED FINAL BUDGET	ACTUAL	
10/1/22 - 9/30/23	10/1/22 - 9/30/23	10/1/22 - 9/29/23	

 REVENUES		
O & M ASSESSMENTS	
O & M DIRECT BILL	
DEBT ASSESSMENTS	
DEBT DIRECT BILL	
INTEREST	
DEVELOPER FUNDING	
OTHER REVENUES	
OTHER REVENUES - CAPITAL	
CARRY OVER FUNDS FROM PRIOR YEAR	
 Total Revenues		

0	0	0	
53,655	0	0	
0	0	0	
0	132,050	132,050	
0	0	0	
0	0	0	
0	20,800	20,800	
0	0	0	
0	0	0	
$	53,655	$	152,850	$	152,850	

 EXPENDITURES		
INFRASTRUCTURE MAINTENANCE	
ENGINEERING	
MANAGEMENT	
OPERATIONS MANAGER	
LEGAL	
ASSESSMENT ROLL	
AUDIT FEES	
ARBITRAGE REBATE FEE	
RENTS & LEASES	
INSURANCE	
LEGAL ADVERTISING	
MISCELLANEOUS	
POSTAGE	
OFFICE SUPPLIES	
DUES & SUBSCRIPTIONS	
TRUSTEE FEES	
CONTINUING DISCLOSURE FEE	
WEBSITE	
CONTINGENCY / PREV SHORTFALL	
CAPITAL OUTLAY	
CAPITAL - DEVELOPER DEPOSIT REFUND	
 Total Expenditures		

0	15,000	11,536	
5,000	16,000	14,113	
12,005	12,005	12,005	
15,650	15,650	15,650	
5,000	5,000	3,094	
1,500	0	0	
3,000	3,000	2,790	
1,000	0	0	
0	0	0	
0	0	0	
0	0	0	
5,000	0	0	
0	0	0	
0	0	0	
0	0	0	
5,000	0	0	
500	0	0	
0	0	0	
0	0	0	
0	0	0	
0	0	0	
$	53,655	$	66,655	$	59,187	

COUNTY APPRAISER & TAX COLLECTOR FEE	
DISCOUNTS FOR EARLY PAYMENTS	

 EXCESS OR (SHORTFALL)		$	-	$	86,195	$	93,663	

PAYMENT TO TRUSTEE	
-	
(132,050)		
(132,050)	
 BALANCE						

$	-		$	(45,855)	$	(38,387)	
	
-	
-	
-	
	-	-	-	

 NET EXCESS/SHORTFALL		$

-	$	(45,855)	$

(38,387)

WEST VILLAGES IMPROVEMENT DISTRICT UNIT TEN
FISCAL YEAR 2022/2023 OCTOBER 1, 2022 - SEPTEMBER 30, 2023

FISCAL YEAR	FISCAL YEAR	FISCAL YEAR	
2022/2023	2022/2023	2022/2023	
ANNUAL BUDGET	AMENDED FINAL BUDGET	ACTUAL	
10/1/22 - 9/30/23	10/1/22 - 9/30/23	10/1/22 - 9/29/23	

 REVENUES		
O & M ASSESSMENTS	
O & M DIRECT BILL	
DEBT ASSESSMENTS	
DEBT DIRECT BILL	
INTEREST	
DEVELOPER FUNDING	
OTHER REVENUES	
OTHER REVENUES - CAPITAL	
CARRY OVER FUNDS FROM PRIOR YEAR	
 Total Revenues		

0	0	0	
0	0	0	
0	0	0	
0	0	0	
0	0	0	
0	0	0	
0	2,500	2,500	
0	0	0	
0	0	0	
$	-	$	2,500	$	2,500	

 EXPENDITURES		
INFRASTRUCTURE MAINTENANCE	
ENGINEERING	
MANAGEMENT	
OPERATIONS MANAGER	
LEGAL	
ASSESSMENT ROLL	
AUDIT FEES	
ARBITRAGE REBATE FEE	
RENTS & LEASES	
INSURANCE	
LEGAL ADVERTISING	
MISCELLANEOUS	
POSTAGE	
OFFICE SUPPLIES	
DUES & SUBSCRIPTIONS	
TRUSTEE FEES	
CONTINUING DISCLOSURE FEE	
WEBSITE	
CONTINGENCY / PREV SHORTFALL	
CAPITAL OUTLAY	
CAPITAL - DEVELOPER DEPOSIT REFUND	
 Total Expenditures		

 	
0	0	0	
0	0	0	
0	0	0	
0	0	0	
0	1,000	711	
0	0	0	
0	0	0	
0	0	0	
0	0	0	
0	0	0	
0	0	0	
0	5,000	0	
0	0	0	
0	0	0	
0	0	0	
0	0	0	
0	0	0	
0	0	0	
0	0	0	
0	0	0	
0	0	0	
$	-	$	6,000	$	711	

 EXCESS OR (SHORTFALL)		$

-	$	(3,500)	$

1,790

$	-		$	(3,500)	$	1,790	
	
-	
-	
-	
	-	-	-	

PAYMENT TO TRUSTEE	-	-	-

 BALANCE	

COUNTY APPRAISER & TAX COLLECTOR FEE	
DISCOUNTS FOR EARLY PAYMENTS	

 NET EXCESS/SHORTFALL		$

-	$	(3,500)	$

1,790

WEST VILLAGES IMPROVEMENT DISTRICT UNIT 1 DEBT SERVICE FUND
FISCAL YEAR 2022/2023 OCTOBER 1, 2022 - SEPTEMBER 30, 2023

FISCAL YEAR	FISCAL YEAR	FISCAL YEAR	
2022/2023	2022/2023	2022/2023	
ANNUAL BUDGET	AMENDED FINAL BUDGET	ACTUAL	
10/1/22 - 9/30/23	10/1/22 - 9/30/23	10/1/22 - 9/29/23	

 REVENUES		
Interest Income	
 Debt Collections		
 Total Revenues		

0	41,432	41,432	
2,373,994	2,209,404	2,209,404	
$	2,373,994	$	2,250,836	$	2,250,836	

 EXPENDITURES		
Principal Payments	
Interest Payments	
 Miscellaneous		
 Total Expenditures		

1,200,000	1,200,000	1,200,000	
1,173,994	1,197,994	1,197,994	
0	0	0	
$	2,373,994	$	2,397,994	$	2,397,994	

 Excess/Shortfall	

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

$1,118,542	
($147,158)	
$971,385	

Notes	
Reserve Fund Balances = $540,000*. Revenue Fund Balance = $471,100.21*.	
Revenue Fund Balance To Be Used To Make 11/1/2023 Interest Payment	
* Approximate Amounts	
Revenue Fund Balance Is As Of 9/30/23.	

Series 2017 Bond Refunding Information	
Original Par Amount =	
Interest Rate =	
Issue Date =	
Maturity Date =	

$32,165,000	Annual Principal Payment Due =	
3.5% - 4.625%	May 1st	
August 2017	Annual Interest Payments Due =	
May 2038	May 1st & November 1st	

$	-	$	(147,158)	$	(147,158)	

Par Amount As Of 9/30/23 =	$25,800,000

FISCAL YEAR	FISCAL YEAR	FISCAL YEAR	
2022/2023	2022/2023	2022/2023	
ANNUAL BUDGET	AMENDED FINAL BUDGET	ACTUAL	
10/1/22 - 9/30/23	10/1/22 - 9/30/23	10/1/22 - 9/29/23	

 REVENUES		
Interest Income	
Debt Collections (2019A-1)	
Debt Collections (2019A-2)	
 Prepaid Debt Collections (2019A-1)		
 Total Revenues		

0	29,199	29,199	
1,407,008	1,360,040	1,360,040	
1,188,107	0	0	
0	574,763	574,763	
$	2,595,114	$	1,964,002	$	1,964,002	

 EXPENDITURES		
Principal Payments (2019A-1)	
Principal Payments (2019A-2)	
Interest Payments (2019A-1)	
Interest Payments (2019A-2)	
Miscellaneous - Bond Redemption (2019A-1)	
 Miscellaneous - Bond Redemption (2019A-2)		
 Total Expenditures		

645,000	645,000	645,000	
545,000	0	0	
753,106	779,341	779,341	
639,831	0	0	
8,901	595,000	595,000	
3,275	0	0	
$	2,595,114	$	2,019,341	$	2,019,341	

 Excess/Shortfall	

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

$628,872	
($55,338)	
$573,533	

Notes	
West Villages Unit 2 Series 2005 Bonds Were Bifurcated Into	
Performing (2019A-1) And Non Performing (2019A-2) Bonds.	
Reserve Account Balances = $201,000* Revenue Account Balances = $372,488.24*	
Revenue Account Balances To Be Used To Make 11/1/2023 2019A-1 Interest Payment	

$	-	$	(55,338)	$	(55,338)	

* Approximate Amounts

Series 2019A-1 (Performing) Bond Information	
Original Par Amount =	$15,190,000	Annual Principal Payment Due =	
Interest Rate =	5.75%	May 1st	
Issue Date =	October 2019	Annual Interest Payments Due =	
Maturity Date =	May 2036	May 1st & November 1st	

Par Amount As Of 9/30/23 =	$12,180,000

Series 2019A-2 (Non Performing) Bond Information	
Original Par Amount =	$12,830,000	Annual Principal Payment Due =	
Interest Rate =	5.75%	May 1st	
Issue Date =	October 2019	Annual Interest Payments Due =	
Maturity Date =	May 2036	May 1st & November 1st	

Par Amount As Of 9/30/23 =	$12,830,000

FISCAL YEAR	FISCAL YEAR	FISCAL YEAR	
2022/2023	2022/2023	2022/2023	
ANNUAL BUDGET	AMENDED FINAL BUDGET	ACTUAL	
10/1/22 - 9/30/23	10/1/22 - 9/30/23	10/1/22 - 9/29/23	

 REVENUES		
Interest Income	
Debt Collections	
Payment By Developer	
 Prepaid Debt Collections		
 Total Revenues		

0	17,806	17,806	
1,257,939	1,270,848	1,270,848	
0	0	0	
0	9,039	9,039	
$	1,257,939	$	1,297,693	$	1,297,693	

 EXPENDITURES		
Principal Payments	
Interest Payments	
 Miscellaneous / Extra Redemption		
 Total Expenditures		

650,000	650,000	650,000	
604,810	617,348	617,348	
3,129	20,000	20,000	
$	1,257,939	$	1,287,348	$	1,287,348	

 Excess/Shortfall	

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

$436,444	
$10,345	
$446,790	

Notes	
Reserve Fund Balance = $100,000*. Revenue Fund Balance = $333,500.82*.	
Prepayment Account Balance = $13,288.93*.	
Revenue Fund Balance To Be Used To Make 11/1/2023 Interest Payment	

$	-	$	10,345	$	10,345	

* Approximate Amounts

Series 2017 Bond Refunding Information	
Original Par Amount =	
Interest Rate =	
Issue Date =	
Maturity Date =	

$16,550,000	Annual Principal Payment Due =	
3.5% - 5%	May 1st	
August 2017	Annual Interest Payments Due =	
May 2037	May 1st & November 1st	

Par Amount As Of 9/30/23 =	$12,725,000

FISCAL YEAR	FISCAL YEAR	FISCAL YEAR	
2022/2023	2022/2023	2022/2023	
ANNUAL BUDGET	AMENDED FINAL BUDGET	ACTUAL	
10/1/22 - 9/30/23	10/1/22 - 9/30/23	10/1/22 - 9/29/23	

 REVENUES		
Interest Income	
Debt Collections	
Payment By Developer	
 Prepaid Debt Collections		
 Total Revenues		

0	32,984	32,984	
837,666	822,698	822,698	
0	0	0	
0	0	0	
$	837,666	$	855,682	$	855,682	

 EXPENDITURES		
Principal Payments	
Interest Payments	
 Miscellaneous		
 Total Expenditures		

275,000	260,000	260,000	
561,675	567,200	567,200	
991	0	0	
$	837,666	$	827,200	$	827,200	

 Excess/Shortfall	

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

$1,017,980	
$28,482	
$1,046,462	

Notes	
Reserve Fund Balance = $586,014*. Revenue Fund Balance = $574,844.56*.	
Prepayment Account Fund Balance = $3,953*.	
Revenue Fund Balance To Be Used To Make 11/1/2021 Principal & Interest Payment	

$	-	$	28,482	$	28,482	

* Approximate Amounts - Revenue Account Balance Is As of 9/30/23.

Series 2016 Bond Information	
Original Par Amount =	
Interest Rate =	
Issue Date =	
Maturity Date =	

$13,090,000	Annual Principal Payment Due =	
3.375% - 5%	November 1st	
November 2016	Annual Interest Payments Due =	
November 2046	May 1st & November 1st	

Par Amount As Of 9/30/23 =	$11,610,000

BASEBALL STADIUM DEBT SERVICE FUND FISCAL YEAR 2022/2023
OCTOBER 1, 2022 - SEPTEMBER 30, 2023

FISCAL YEAR	FISCAL YEAR	FISCAL YEAR	
2022/2023	2022/2023	2022/2023	
ANNUAL BUDGET	AMENDED FINAL BUDGET	ACTUAL	
10/1/22 - 9/30/23	10/1/22 - 9/30/23	10/1/22 - 9/29/23	

 REVENUES		
Interest Income (Bonds)	
Interest Income (Notes)	
State Of Florida Pledged Revenues (Bonds)	
 Payment By Atlanta Braves (Notes)		
 Total Revenues		

0	12,128	12,128	
0	210,696	210,696	
1,000,000	999,996	999,996	
2,625,720	2,588,596	2,588,596	
$	3,625,720	$	3,811,416	$	3,811,416	

 EXPENDITURES		
Principal Payments (Bonds)	
Interest Payments (Bonds)	
Principal Payments (Notes)	
Interest Payments (Notes)	
 Other/Extra Redemption		
 Total Expenditures		

570,000	570,000	570,000	
424,011	424,011	424,011	
1,421,569	1,421,568	1,421,568	
1,167,027	1,167,027	1,167,027	
43,113	0	0	
$	3,625,720	$	3,582,606	$	3,582,606	

 Excess/Shortfall	

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

Bonds	Notes	
$280,147	$5,413,158	
$	18,114	$210,696	
$298,261	$5,623,854	

Notes	
Bond Service Fund Balance = $168,490*. Bond Revenue Fund Balance = $129,771*.	
Bond Service Fund Balance And October 2023 Through January 2024 State Of Florida	
Pledged Revenues To Be Used To Make 2/1/2024 Principal & Interest Payment	

Note Reserve Fund Balance = $4,301,448*. Note Revenue Fund Balance = $1,322,406*.	
Revenue Fund Balance To Be Used To Make 12/30/2023 Principal & Interest Payment	

$	-	$	228,810	$	228,810	

* Approximate Amounts

Series 2017A Bond Information	
Original Par Amount =	
Interest Rate =	
Issue Date =	
Maturity Date =	

$13,955,000	Annual Principal Payment Due =	
3.72%	February 1st & August 1st	
December 2017	Annual Interest Payments Due =	
February 2038	February 1st & August 1st	

Par Amount As Of 9/30/23 =	$11,040,000

Series 2017B Notes Information	
Original Par Amount =	
Interest Rate =	
Issue Date =	
Maturity Date =	

$27,500,000	Annual Principal Payment Due =	
5.39%	June 30th & December 30th	
December 2017	Annual Interest Payments Due =	
December 2033	June 30th & December 30th	

Par Amount As Of 9/30/23 =	$20,540,708

UNIT 7 DEBT SERVICE FUND (2019) FISCAL YEAR 2022/2023
OCTOBER 1, 2022 - SEPTEMBER 30, 2023

FISCAL YEAR	FISCAL YEAR	FISCAL YEAR	
2022/2023	2022/2023	2022/2023	
ANNUAL BUDGET	AMENDED FINAL BUDGET	ACTUAL	
10/1/22 - 9/30/23	10/1/22 - 9/30/23	10/1/22 - 9/29/23	

 REVENUES		
Interest Income (Master)	
Interest Income (Village B)	
Debt Collections (Master)	
Payment By Developer (Master)	
Debt Collections (Village B)	
Payment By Developer (Village B)	
 Prepaid Bonds (Master)		
 Total Revenues		

0	70,235	74,102	
	3,867		
1,974,499	965,595	965,595	
0	871,561	871,561	
86,602	87,491	87,491	
0	30,760	30,760	
0	11,001	11,001	
$	2,061,101	$	2,040,510	$	2,040,510	

 EXPENDITURES		
Principal Payments (Master)	
Principal Payments (Village B)	
Interest Payments (Master)	
Interest Payments (Village B)	
 Other/Extra Redemption		
 Total Expenditures		

540,000	540,000	540,000	
25,000	25,000	25,000	
1,433,138	1,443,938	1,443,938	
61,025	61,525	61,525	
1,939	0	0	
$	2,061,101	$	2,070,463	$	2,070,463	

 Excess/Shortfall	

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

Master	Village B	
$2,294,600	$86,533	
$	(65,546)	$35,593	
$2,229,054	$122,127	

Notes	
Master Reserve Fund Balances = $1,974,131*. Master Revenue Fund Balances = $243,922*.	
Village B Reserve Fund Balances = $86,531*. Village B Revenue Fund Balances = $35,595*.	
Revenue Fund Balances To Be Used To Make 11/1/2023 Interest Payments	

$	-	$	(29,953)	$	(29,953)	

* Approximate Amounts - Revenue Account Balance Is As of 9/30/23.

Series 2019 Bond Information (Master)	
Original Par Amount =	
Interest Rate =	
Issue Date =	
Maturity Date =	

$31,040,000	Annual Principal Payment Due =	
4.00% - 5.00%	May 1st	
April 2019	Annual Interest Payments Due =	
May 2050	May 1st & November 1st	

Par Amount As Of 9/30/23 =	$29,490,000

Series 2019 Bond Information (Village B)	
Original Par Amount =	
Interest Rate =	
Issue Date =	
Maturity Date =	

$1,320,000	Annual Principal Payment Due =	
4.00% - 5.00%	May 1st	
April 2019	Annual Interest Payments Due =	
May 2050	May 1st & November 1st	

Par Amount As Of 9/30/23 =	$1,255,000

AMENDED FINAL BUDGET
WEST VILLAGES IMPROVEMENT DISTRICT UNIT 7 DEBT SERVICE FUND (2021) FISCAL YEAR 2022/2023
OCTOBER 1, 2022 - SEPTEMBER 30, 2023

FISCAL YEAR	FISCAL YEAR	FISCAL YEAR	
2022/2023	2022/2023	2022/2023	
ANNUAL BUDGET	AMENDED FINAL BUDGET	ACTUAL	
10/1/22 - 9/30/23	10/1/22 - 9/30/23	10/1/22 - 9/29/23	

 REVENUES		
Interest Income	
Debt Collections	
Payment By Developer	
 Bond Proceeds		
 Total Revenues		

0	8,963	8,963	
445,884	308,748	308,748	
0	108,241	108,241	
0	0	0	
$	445,884	$	425,952	$	425,952	

 EXPENDITURES		
Principal Payments	
Interest Payments	
 Other/Extra Redemption		
 Total Expenditures		

165,000	165,000	165,000	
279,225	281,288	281,288	
1,659	0	0	
$	445,884	$	446,288	$	446,288	

 Excess/Shortfall	

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

$255,285	
($20,335)	
$234,949	

Notes	
Reserve Fund Balance = $222,881*. Revenue Fund Balance = $12,068*.	
Revenue Account Balance To Be Used To Make 11/1/2023 Interest Payment	
* Approximate Amounts - Revenue Account Balance Is As of 9/30/23.	

Series 2021 Bond Information	
Original Par Amount =	
Interest Rate =	
Issue Date =	
Maturity Date =	

$7,975,000	Annual Principal Payment Due =	
2.50% - 4.00%	May 1st	
April 2021	Annual Interest Payments Due =	
May 2051	May 1st & November 1st	

$	-	$	(20,335)	$	(20,335)	

Par Amount As Of 9/30/23 =	$7,650,000

AMENDED FINAL BUDGET
WEST VILLAGES IMPROVEMENT DISTRICT UNIT 8 DEBT SERVICE FUND
FISCAL YEAR 2022/2023 OCTOBER 1, 2022 - SEPTEMBER 30, 2023

FISCAL YEAR	FISCAL YEAR	FISCAL YEAR	
2022/2023	2022/2023	2022/2023	
ANNUAL BUDGET	AMENDED FINAL BUDGET	ACTUAL	
10/1/22 - 9/30/23	10/1/22 - 9/30/23	10/1/22 - 9/29/23	

 REVENUES		
Interest Income (Master)	
Debt Collections (Master)	
Payment By Developer (Master)	
Interest Income (Ser 2022)	
Debt Collections (Ser 2022)	
Payment By Developer (Ser 2022)	
 Bond Proceeds (Ser 2022 DSR)		
 Total Revenues		

0	11,428	11,428	
725,308	495,462	495,462	
0	229,312	229,312	
0	32,682	32,682	
0	0	0	
0	0	0	
0	576,134	576,134	
$	725,308	$	1,345,019	$	1,345,019	

 EXPENDITURES		
Principal Payments (Master)	
Interest Payments (Master)	
Principal Payments (Ser 2022)	
Interest Payments (Ser 2022)	
 Other/Extra Redemption		
 Total Expenditures		

270,000	270,000	270,000	
455,269	458,644	458,644	
0	0	0	
0	0	0	
39	0	0	
$	725,308	$	728,644	$	728,644	

 Excess/Shortfall	

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

Master	Series 2022	
$362,666	$0	
$7,559	$608,816	
$370,225	$608,816	

Notes	
Master Reserve Fund Balance = $362,656*. Master Revenue Fund Balance = $7,569.*	
Series 2022 Reserve Fund Balance = $576,134*. Series 2022 Revenue Fund Balance = $32,682.*	
Revenue Account Balances To Be Used To Make 11/1/2023 Interest Payments	
* Approximate Amounts - Revenue Account Balances Is As of 9/30/23.	

Series 2021 Bond Information	
Original Par Amount =	
Interest Rate =	
Issue Date =	
Maturity Date =	

$13,000,000	Annual Principal Payment Due =	
2.50% - 4.00%	May 1st	
April 2021	Annual Interest Payments Due =	
May 2051	May 1st & November 1st	

$	0	$	616,376	$	616,376	

Par Amount As Of 9/30/23 =	$12,470,000

Series 2022 Bond Information	
Original Par Amount =	
Interest Rate =	
Issue Date =	
Maturity Date =	

$17,000,000	Annual Principal Payment Due =	
4.625% - 5.500%	May 1st	
December 2022	Annual Interest Payments Due =	
May 2053	May 1st & November 1st	

Par Amount As Of 9/30/23 =	$17,000,000

AMENDED FINAL BUDGET
WEST VILLAGES IMPROVEMENT DISTRICT UNIT 9 DEBT SERVICE FUND
FISCAL YEAR 2022/2023 OCTOBER 1, 2022 - SEPTEMBER 30, 2023

FISCAL YEAR	FISCAL YEAR	FISCAL YEAR	
2022/2023	2022/2023	2022/2023	
ANNUAL BUDGET	AMENDED FINAL BUDGET	ACTUAL	
10/1/22 - 9/30/23	10/1/22 - 9/30/23	10/1/22 - 9/29/23	

 REVENUES		
Interest Income (Master)	
Debt Collections (Master)	
Payment By Developer (Master)	
 Bond Proceeds		
 Total Revenues		

0	10,403	10,403	
0	2,386	2,386	
0	0	0	
0	584,577	584,577	
$	-	$	597,366	$	597,366	

 EXPENDITURES		
Principal Payments (Master)	
Interest Payments (Master)	
 Other/Extra Redemption		
 Total Expenditures		

0	0	0	
0	0	0	
0	0	0	
$	-	$	-	$	-	

 Excess/Shortfall	

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

Master	
$0	
$12,789	
$12,789	

Notes	
Master Reserve Fund Balance = $584,577*. Master Revenue Fund Balance = $130,519.*	
Revenue Account Balances To Be Used To Make 11/1/2023 Interest Payments	
* Approximate Amounts - Revenue Account Balances Is As of 9/30/23.	

Series 2023 Bond Information	
Original Par Amount =	
Interest Rate =	
Issue Date =	
Maturity Date =	

$17,130,000	Annual Principal Payment Due =	
4.625% - 5.625%	May 1st	
May 2023	Annual Interest Payments Due =	
May 2053	May 1st & November 1st	

$	-	$	597,366	$	597,366	

Par Amount As Of 9/30/23 =	$17,130,000