Thousand Oaks Community Development District

Amended Final Budget For Fiscal Year 2024/2025
October 1, 2024 - September 30, 2025

CONTENTS

I

AMENDED FINAL OPERATING FUND BUDGET

II

AMENDED FINAL DEBT SERVICE FUND BUDGET

AMENDED FINAL BUDGET
THOUSAND OAKS COMMUNITY DEVELOPMENT DISTRICT OPERATING FUND
FISCAL YEAR 2024/2025 OCTOBER 1, 2024 - SEPTEMBER 30, 2025

Notes
$41,080 Of Fund Balance Used To Reduce 2024/2025 Assessments.
$70,605 Of Fund Balance To Be Used To Reduce 2025/2026 Assessments.

I

9/24/2025 8:44 AM

$250,560

($42,264)

$208,296

OPERATING FUND BALANCE AS OF 9/30/24

FY 2024/2025 ACTIVITY

OPERATING FUND BALANCE AS OF 9/30/25

REVENUES

FISCAL YEAR 2024/2025 BUDGET 10/1/24 - 9/30/25

AMENDED FINAL BUDGET
10/1/24 - 9/30/25

YEAR TO DATE ACTUAL
10/1/24 - 8/31/25

O & M ASSESSMENTS

259,627

260,088

260,088

DEBT ASSESSMENTS (SERIES 2016 A1)

367,957

367,684

367,684

DEBT ASSESSMENTS (SERIES 2016 A2)

94,511

94,463

94,463

OTHER REVENUES

0

1

1

INTEREST INCOME

420

9,100

9,034

Total Revenues

$	722,515

$	731,336

$	731,270

EXPENDITURES

SUPERVISOR FEES

12,000

11,800

10,800

PAYROLL TAXES

960

906

826

AQUATIC/STORMWATER MANAGEMENT

30,000

33,900

29,133

LAWN/LANDSCAPE MANAGEMENT

46,715

65,600

58,126

WETLAND PRESERVE BUFFER MAINTENANCE

10,800

7,500

5,693

MAINTENANCE CONTINGENCY (TREE TRIMMING, FOUNTAINS, FOUNTAIN REPAIRS, ETC.)

85,000

85,000

46,303

ELECTRICITY - FOUNTAINS

0

1,800

1,270

ENGINEERING/INSPECTIONS/REPORTS

6,000

3,000

318

MANAGEMENT

38,124

38,124

34,947

SECRETARIAL

4,200

4,200

3,850

LEGAL

12,000

12,000

9,973

ASSESSMENT ROLL

8,000

8,000

0

AUDIT FEES

3,500

3,500

3,500

ARBITRAGE REBATE FEE

1,300

1,300

1,300

INSURANCE

6,900

7,491

7,491

LEGAL ADVERTISING

1,300

1,300

435

MISCELLANEOUS

1,900

1,500

773

POSTAGE

500

150

126

OFFICE SUPPLIES

1,075

1,025

968

DUES & SUBSCRIPTIONS

175

175

175

TRUSTEE FEES

3,600

3,500

3,500

TRAVEL

10,000

5,000

3,810

WEBSITE MANAGEMENT

1,500

1,500

1,375

TOTAL EXPENDITURES

$	285,549

$	298,271

$	224,692

REVENUES LESS EXPENDITURES

$	436,966

$	433,065

$	506,578

BOND PAYMENTS (SERIES 2016 A1)

(345,880)

(350,780)

(350,780)

BOND PAYMENTS (SERIES 2016 A2)

(88,840)

(90,120)

(90,120)

BALANCE

$	2,246

$	(7,835)

$	65,678

COUNTY APPRAISER & TAX COLLECTOR FEE

(14,442)

(8,098)

(8,098)

DISCOUNTS FOR EARLY PAYMENTS

(28,884)

(26,331)

(26,331)

EXCESS/ (SHORTFALL)

$	(41,080)

$	(42,264)

$	31,249

CARRYOVER FROM PRIOR MONTH

41,080

41,080

0

NET EXCESS/ (SHORTFALL)

$	-

$	(1,184)

$	31,249

AMENDED FINAL BUDGET
THOUSAND OAKS COMMUNITY DEVELOPMENT DISTRICT DEBT SERVICE FUND
FISCAL YEAR 2024/2025 OCTOBER 1, 2024 - SEPTEMBER 30, 2025

Notes
A1 Reserve Fund Balance = $167,139* A1 Revenue Fund Balance = $255,191* A2 Reserve Fund Balance = $42,930* A2 Revenue Fund Balance = $80,006*
A1 Revenue Fund Balance To Be Used To Make 11/1/2025 Interest Payment Of $46,960. A2 Revenue Fund Balance To Be Used To Make 11/1/2025 Interest Payment Of $12,800.
* Approximate Amounts

Series 2016A1 Bond Information

Original Par Amount = Interest Rate =
Issue Date = Maturity Date =

$4,875,000 3.20%
December 2016
May 2035

Annual Principal Payments Due: May 1st
Annual Interest Payments Due: May 1st & November 1st

Par Amount As Of 8/31/25 =

$2,935,000

Series 2016A2 Bond Information

Original Par Amount = Interest Rate =
Issue Date = Maturity Date =

$1,275,000 3.20%
December 2016
May 2036

Annual Principal Payments Due: May 1st
Annual Interest Payments Due: May 1st & November 1st

Par Amount As Of 8/31/25 =

$80,000

II

9/24/2025 8:44 AM

$515,296

$29,970

$545,266

OPERATING FUND BALANCE AS OF 9/30/24

FY 2024/2025 ACTIVITY

OPERATING FUND BALANCE AS OF 9/30/25

REVENUES

FISCAL YEAR 2024/2025 BUDGET 10/1/24 - 9/30/25

AMENDED FINAL BUDGET
10/1/24 - 9/30/25

YEAR TO DATE ACTUAL
10/1/24 - 8/31/25

Interest Income (A1)

600

18,150

18,062

Interest Income (A2)

300

5,200

5,150

NAV Tax Collection (A1)

345,880

350,780

350,780

NAV Tax Collection (A2)

88,840

90,120

90,120

Total Revenues

$	435,620

$	464,250

$	464,112

EXPENDITURES

Principal Payments (A-1)

245,000

245,000

245,000

Principal Payments (A-2)

60,000

60,000

60,000

Bond Redemption (A-1)

3,640

0

0

Bond Redemption (A-2)

2,580

0

0

Interest Payments (A-1)

97,840

101,760

101,760

Interest Payments (A-2)

26,560

27,520

27,520

Total Expenditures

$	435,620

$	434,280

$	434,280

Excess/ (Shortfall)

$	-

$	29,970

$	29,832