Thousand Oaks Community Development District

Amended Final Budget For Fiscal Year 2019/2020
October 1, 2019 - September 30, 2020

CONTENTS

AMENDED FINAL OPERATING FUND BUDGET

AMENDED FINAL DEBT SERVICE FUND BUDGET

AMENDED FINAL BUDGET
THOUSAND OAKS COMMUNITY DEVELOPMENT DISTRICT OPERATING FUND
FISCAL YEAR 2019/2020 OCTOBER 1, 2019 - SEPTEMBER 30, 2020

REVENUES	FISCAL YEAR 2019/2020 BUDGET
10/1/19 - 9/30/20	AMENDED FINAL BUDGET
10/1/19 - 9/30/20	YEAR  TO DATE ACTUAL
10/1/19 - 9/29/20	
O & M ASSESSMENTS	324,113	324,613	324,613	
DEBT ASSESSMENTS (SERIES 2016 A1)	367,957	368,311	368,311	
DEBT ASSESSMENTS (SERIES 2016 A2)	94,511	94,624	94,624	
OTHER REVENUES	0	0	0	
INTEREST INCOME	0	0	0	
				
Total Revenues	$	786,581	$	787,548	$	787,548	
				
EXPENDITURES				
SUPERVISOR FEES	12,000	10,600	10,600	
PAYROLL TAXES	960	811	811	
AQUATIC/STORMWATER MANAGEMENT	28,400	26,000	23,302	
LAWN/LANDSCAPE MANAGEMENT	41,715	40,000	38,361	
PRESERVE EROSION REPAIR	100,000	0	0	
MAINTENANCE CONTINGENCY	40,000	35,000	19,996	
ENGINEERING/INSPECTIONS/REPORTS	4,750	4,750	2,638	
MANAGEMENT	33,660	33,600	33,660	
SECRETARIAL	4,200	4,200	4,200	
LEGAL	8,000	8,982	8,982	
ASSESSMENT ROLL	8,000	8,000	8,000	
AUDIT FEES	3,500	3,500	3,500	
ARBITRAGE REBATE FEE	1,300	1,300	1,300	
INSURANCE	6,356	5,251	5,251	
LEGAL ADVERTISING	1,400	2,100	1,680	
MISCELLANEOUS	1,500	1,250	758	
POSTAGE	600	50	44	
OFFICE SUPPLIES	1,050	475	454	
DUES & SUBSCRIPTIONS	175	175	175	
TRUSTEE FEES	3,700	3,500	3,500	
TRAVEL	1,900	0	0	
WEBSITE MANAGEMENT	1,500	1,500	1,500	
TOTAL EXPENDITURES	$	304,666	$	191,044	$	168,712	
				
REVENUES LESS EXPENDITURES	$	481,915	$	596,504	$	618,836	
				
BOND PAYMENTS (SERIES 2016 A1)	(345,880)	(351,503)	(351,503)	
BOND PAYMENTS (SERIES 2016 A2)	(88,840)	(90,306)	(90,306)	
				
BALANCE	$	47,195	$	154,695	$	177,027	
				
COUNTY APPRAISER & TAX COLLECTOR FEE	(15,732)	(8,622)	(8,622)	
DISCOUNTS FOR EARLY PAYMENTS	(31,463)	(28,544)	(28,544)	
				
EXCESS/ (SHORTFALL)	$	-	$	117,529	$	139,861	
				
CARRYOVER FROM PRIOR MONTH	0	0	0	
				
NET EXCESS/ (SHORTFALL)	$	-	$	117,529	$	139,861	

OPERATING FUND BALANCE AS OF 9/30/19	
FY 2019/2020 ACTIVITY	
OPERATING FUND BALANCE AS OF 9/30/20	

$166,697	
$117,529	
$284,226	

AMENDED FINAL BUDGET
THOUSAND OAKS COMMUNITY DEVELOPMENT DISTRICT DEBT SERVICE FUND
FISCAL YEAR 2019/2020 OCTOBER 1, 2019 - SEPTEMBER 30, 2020

REVENUES	FISCAL YEAR 2019/2020 BUDGET
10/1/19 - 9/30/20	AMENDED FINAL BUDGET
10/1/19 - 9/30/20	YEAR TO DATE ACTUAL
10/1/19 - 9/29/20	
Interest Income (A1)	75	3,235	3,211	
Interest Income (A2)	75	875	861	
NAV Tax Collection (A1)	345,880	351,503	351,503	
NAV Tax Collection (A2)	88,840	90,306	90,306	
Total Revenues	$	434,870	$	445,919	$	445,881	
				
EXPENDITURES				
Principal Payments (A-1)	210,000	210,000	210,000	
Principal Payments (A-2)	50,000	50,000	50,000	
Bond Redemption (A-1)	1,715	0	0	
Bond Redemption (A-2)	3,395	0	0	
Interest Payments (A-1)	134,240	137,600	137,600	
Interest Payments (A-2)	35,520	36,320	36,320	
Total Expenditures	$	434,870	$	433,920	$	433,920	
				
Excess/ (Shortfall)	$	-	$	11,999	$	11,961	

OPERATING FUND BALANCE AS OF 9/30/19	
FY 2019/2020 ACTIVITY	
OPERATING FUND BALANCE AS OF 9/30/20	

$427,355	
$11,999	
$439,354	

Notes
A1 Reserve Fund Balance = $145,261* A1 Revenue Fund Balance = $198,532* A2 Reserve Fund Balance = $37,311* A2 Revenue Fund Balance = $58,250*
A1 Revenue Fund Balance To Be Used To Make 11/1/2020 Interest Payment Of $65,440. A2 Revenue Fund Balance To Be Used To Make 11/1/2020 Interest Payment Of $17,360.
* 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 9/30/20 =	$4,090,000		

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 9/30/20 =	$1,085,000