Thousand Oaks Community Development District

Amended Final Budget For Fiscal Year 2018/2019
October 1, 2018 - September 30, 2019

CONTENTS

AMENDED FINAL OPERATING FUND BUDGET

AMENDED FINAL DEBT SERVICE FUND BUDGET

AMENDED FINAL BUDGET
THOUSAND OAKS COMMUNITY DEVELOPMENT DISTRICT OPERATING FUND
FISCAL YEAR 2018/2019 OCTOBER 1, 2018 - SEPTEMBER 30, 2019

REVENUES	FISCAL YEAR 2018/2019 BUDGET
10/1/18 - 9/30/19	AMENDED FINAL BUDGET
10/1/18 - 9/30/19	YEAR TO DATE ACTUAL
10/1/18 - 9/29/19	
O & M ASSESSMENTS	217,226	219,441	219,441	
DEBT ASSESSMENTS (SERIES 2016 A1)	367,957	372,682	372,682	
DEBT ASSESSMENTS (SERIES 2016 A2)	94,511	95,747	95,747	
OTHER REVENUES	0	0	0	
INTEREST INCOME	0	0	0	
				
Total Revenues	$	679,694	$	687,870	$	687,870	
				
EXPENDITURES				
SUPERVISOR FEES	12,000	11,600	11,600	
PAYROLL TAXES	960	887	887	
AQUATIC/STORMWATER MANAGEMENT	28,400	25,500	24,253	
LAWN/LANDSCAPE MANAGEMENT	41,715	48,000	45,111	
MAINTENANCE CONTINGENCY	40,000	30,000	17,066	
ENGINEERING/INSPECTIONS/REPORTS	5,000	3,800	2,739	
ENGINEERING - EXTRAORDINARY	0	8,000	4,925	
MANAGEMENT	33,036	33,036	33,036	
SECRETARIAL	4,200	4,200	4,200	
LEGAL	8,000	7,916	7,916	
ASSESSMENT ROLL	8,000	8,000	8,000	
AUDIT FEES	3,900	3,400	3,400	
ARBITRAGE REBATE FEE	1,300	1,300	1,300	
INSURANCE	6,356	5,000	5,000	
LEGAL ADVERTISING	1,250	1,000	688	
MISCELLANEOUS	1,500	1,800	1,595	
POSTAGE	625	1,100	1,083	
OFFICE SUPPLIES	1,075	1,450	1,413	
DUES & SUBSCRIPTIONS	175	175	175	
TRUSTEE FEES	3,800	3,500	3,500	
CONTINUING DISCLOSURE FEE	1,000	0	0	
TRAVEL	1,900	1,627	1,627	
WEBSITE MANAGEMENT	1,000	1,000	1,000	
TOTAL EXPENDITURES	$	205,192	$	202,291	$	180,514	
				
REVENUES LESS EXPENDITURES	$	474,502	$	485,579	$	507,356	
				
BOND PAYMENTS (SERIES 2016 A1)	(345,880)	(356,045)	(356,045)	
BOND PAYMENTS (SERIES 2016 A2)	(88,840)	(91,472)	(91,472)	
				
BALANCE	$	39,782	$	38,062	$	59,839	
				
County Appraiser & Tax Collector Fee	(13,594)	(7,681)	(7,681)	
Discounts For Early Payments	(27,188)	(24,311)	(24,311)	
				
EXCESS/ (SHORTFALL)	$	(1,000)	$	6,070	$	27,847	
				
Carryover From Prior Year	1,000	1,000	0	
				
NET EXCESS/ (SHORTFALL)	$	-	$	7,070	$	27,847	

OPERATING FUND BALANCE AS OF 9/30/18	
FY 2018/2019 ACTIVITY	
OPERATING FUND BALANCE AS OF 9/30/19	

$134,737	
$6,070	
$140,807	

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

AMENDED FINAL BUDGET
THOUSAND OAKS COMMUNITY DEVELOPMENT DISTRICT DEBT SERVICE FUND
FISCAL YEAR 2018/2019 OCTOBER 1, 2018 - SEPTEMBER 30, 2019

REVENUES	FISCAL YEAR 2018/2019 BUDGET
10/1/18 - 9/30/19	AMENDED FINAL BUDGET
10/1/18 - 9/30/19	YEAR TO DATE ACTUAL
10/1/18 - 9/29/19	
Interest Income (A1)	75	8,212	8,212	
Interest Income (A2)	75	2,170	2,170	
NAV Tax Collection (A1)	345,880	356,045	356,045	
NAV Tax Collection (A2)	88,840	91,472	91,472	
Total Revenues	$	434,870	$	457,899	$	457,899	
				
EXPENDITURES				
Principal Payments (A-1)	205,000	205,000	205,000	
Principal Payments (A-2)	50,000	50,000	50,000	
Bond Redemption (A-1)	75	0	0	
Bond Redemption (A-2)	1,795	0	0	
Interest Payments (A-1)	140,880	144,160	144,160	
Interest Payments (A-2)	37,120	37,920	37,920	
Total Expenditures	$	434,870	$	437,080	$	437,080	
				
Excess/ (Shortfall)	$	-	$	20,819	$	20,819	

OPERATING FUND BALANCE AS OF 9/30/18	
FY 2018/2019 ACTIVITY	
OPERATING FUND BALANCE AS OF 9/30/19	

$406,536	
$20,819	
$427,355	

Notes
A1 Reserve Fund Balance = $143,930* A1 Revenue Fund Balance = $192,720* A2 Reserve Fund Balance = $36,969* A2 Revenue Fund Balance = $53,736*
A1 Revenue Fund Balance To Be Used To Make 11/1/2019 Interest Payment Of $68,800. A2 Revenue Fund Balance To Be Used To Make 11/1/2019 Interest Payment Of $18,160.
* 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 9/30/19 =	$4,300,000		

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 9/30/19 =	$1,135,000