Thousand Oaks Community Development District

Amended Final Budget For Fiscal Year 2020/2021
October 1, 2020 - September 30, 2021

CONTENTS

AMENDED FINAL OPERATING FUND BUDGET

AMENDED FINAL DEBT SERVICE FUND BUDGET

AMENDED FINAL BUDGET
THOUSAND OAKS COMMUNITY DEVELOPMENT DISTRICT OPERATING FUND
FISCAL YEAR 2020/2021 OCTOBER 1, 2020 - SEPTEMBER 30, 2021

REVENUES	FISCAL YEAR 2020/2021 BUDGET
10/1/20 - 9/30/21	AMENDED FINAL BUDGET
10/1/20 - 9/30/21	YEAR TO DATE ACTUAL
10/1/20 - 9/29/21	
O & M ASSESSMENTS	324,079	324,101	324,101	
DEBT ASSESSMENTS (SERIES 2016 A1)	367,957	367,674	367,674	
DEBT ASSESSMENTS (SERIES 2016 A2)	94,511	94,460	94,460	
OTHER REVENUES	0	0	0	
INTEREST INCOME	0	0	0	
				
Total Revenues	$	786,547	$	786,235	$	786,235	
				
EXPENDITURES				
SUPERVISOR FEES	12,000	11,600	11,600	
PAYROLL TAXES	960	887	887	
AQUATIC/STORMWATER MANAGEMENT	28,400	30,000	28,754	
LAWN/LANDSCAPE MANAGEMENT	46,715	45,000	42,541	
PRESERVE EROSION REPAIR	100,000	0	0	
MAINTENANCE CONTINGENCY	32,725	25,000	18,013	
ENGINEERING/INSPECTIONS/REPORTS	6,000	4,500	3,101	
MANAGEMENT	34,428	34,428	34,428	
SECRETARIAL	4,200	4,200	4,200	
LEGAL	8,000	4,500	3,412	
ASSESSMENT ROLL	8,000	8,000	8,000	
AUDIT FEES	3,600	3,600	3,600	
ARBITRAGE REBATE FEE	1,300	1,300	1,300	
INSURANCE	6,356	5,513	5,513	
LEGAL ADVERTISING	1,350	1,350	675	
MISCELLANEOUS	1,700	1,250	747	
POSTAGE	600	40	35	
OFFICE SUPPLIES	1,025	500	469	
DUES & SUBSCRIPTIONS	175	175	175	
TRUSTEE FEES	3,700	3,500	3,500	
TRAVEL	1,900	100	11	
WEBSITE MANAGEMENT	1,500	1,500	1,500	
TOTAL EXPENDITURES	$	304,634	$	186,943	$	172,461	
				
REVENUES LESS EXPENDITURES	$	481,913	$	599,292	$	613,774	
				
BOND PAYMENTS (SERIES 2016 A1)	(345,880)	(350,677)	(350,677)	
BOND PAYMENTS (SERIES 2016 A2)	(88,840)	(90,093)	(90,093)	
				
BALANCE	$	47,193	$	158,522	$	173,004	
				
COUNTY APPRAISER & TAX COLLECTOR FEE	(15,731)	(8,690)	(8,690)	
DISCOUNTS FOR EARLY PAYMENTS	(31,462)	(28,904)	(28,904)	
				
EXCESS/ (SHORTFALL)	$	-	$	120,928	$	135,410	
				
CARRYOVER FROM PRIOR MONTH	0	0	0	
				
NET EXCESS/ (SHORTFALL)	$	-	$	120,928	$	135,410	

OPERATING FUND BALANCE AS OF 9/30/20	
FY 2020/2021 ACTIVITY	
OPERATING FUND BALANCE AS OF 9/30/21	

$311,207	
$120,928	
$432,135	

Notes
$10,800 Of Fund Balance To Be Used To Reduce 2021/2022 Assessments.

AMENDED FINAL BUDGET
THOUSAND OAKS COMMUNITY DEVELOPMENT DISTRICT DEBT SERVICE FUND
FISCAL YEAR 2020/2021 OCTOBER 1, 2020 - SEPTEMBER 30, 2021

REVENUES	FISCAL YEAR 2020/2021 BUDGET
10/1/20 - 9/30/21	AMENDED FINAL BUDGET
10/1/20 - 9/30/21	YEAR TO DATE ACTUAL
10/1/20 - 9/29/21	
Interest Income (A1)	100	104	104	
Interest Income (A2)	100	28	28	
NAV Tax Collection (A1)	345,880	350,677	350,677	
NAV Tax Collection (A2)	88,840	90,093	90,093	
Total Revenues	$	434,920	$	440,902	$	440,902	
				
EXPENDITURES				
Principal Payments (A-1)	215,000	215,000	215,000	
Principal Payments (A-2)	55,000	55,000	55,000	
Bond Redemption (A-1)	3,540	0	0	
Bond Redemption (A-2)	100	0	0	
Interest Payments (A-1)	127,440	130,880	130,880	
Interest Payments (A-2)	33,840	34,720	34,720	
Total Expenditures	$	434,920	$	435,600	$	435,600	

Excess/ (Shortfall)	
$	-	
$	5,302	
$	5,302	

OPERATING FUND BALANCE AS OF 9/30/20	
FY 2020/2021 ACTIVITY	
OPERATING FUND BALANCE AS OF 9/30/20	

$439,353	
$5,302	
$444,655	

Notes
A1 Reserve Fund Balance = $145,299* A1 Revenue Fund Balance = $203,395* A2 Reserve Fund Balance = $37,320* A2 Revenue Fund Balance = $58,641*
A1 Revenue Fund Balance To Be Used To Make 11/1/2021 Interest Payment Of $62,000. A2 Revenue Fund Balance To Be Used To Make 11/1/2021 Interest Payment Of $16,480.
* 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 9/30/21 =	$3,875,000		

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 9/30/21 =	$1,030,000