Newfield
Community Development District

Proposed Budget For Fiscal Year 2021/2022
October 1, 2021 - September 30, 2022

CONTENTS

PROPOSED BUDGET

DETAILED PROPOSED BUDGET

PROPOSED BUDGET
NEWFIELD COMMUNITY DEVELOPMENT DISTRICT FISCAL YEAR 2021/2022
OCTOBER 1, 2021 - SEPTEMBER 30, 2022

REVENUES	
FISCAL YEAR 2021/2022
BUDGET	
O&M Assessments	0	
Developer Contribution	113,625	
Debt Assessments	0	
Interest Income	0	
		
TOTAL REVENUES	$	113,625	
		
EXPENDITURES		
Supervisor Fees	0	
Engineering/Inspections	15,000	
Management	36,000	
Legal	30,000	
Assessment Roll	6,000	
Audit Fees	5,000	
Arbitrage Rebate Fee	650	
Insurance	6,000	
Legal Advertisements	5,000	
Miscellaneous	1,000	
Postage	300	
Office Supplies	1,500	
Dues & Subscriptions	175	
Website Management	1,500	
Trustee Fees	4,500	
Continuing Disclosure Fee	1,000	
		
TOTAL EXPENDITURES	$	113,625	
		
REVENUES LESS EXPENDITURES	$	-	
		
Bond Payments	0	
		
BALANCE	$	-	
		
County Appraiser & Tax Collector Fee	0	
Discounts For Early Payments	0	
		
EXCESS/ (SHORTFALL)	$	-	

DETAILED PROPOSED BUDGET
NEWFIELD COMMUNITY DEVELOPMENT DISTRICT FISCAL YEAR 2021/2022
OCTOBER 1, 2021 - SEPTEMBER 30, 2022

REVENUES	
FISCAL YEAR 2019/2020 ACTUAL	
FISCAL YEAR 2020/2021 BUDGET	
FISCAL YEAR 2021/2022 BUDGET	

COMMENTS	
O&M Assessments	0	0	0		
Developer Contribution	0	81,975	113,625	Developer Contribution	
Debt Assessments	0	0	0		
Interest Income	0	0	0		
					
TOTAL REVENUES	$	-	$	81,975	$	113,625		
					
EXPENDITURES					
Supervisor Fees	0	0	0		
Engineering/Inspections	0	15,000	15,000		
Management	0	24,000	36,000	12 Months X $3,000	
Legal	0	30,000	30,000		
Assessment Roll	0	0	6,000	Will Commence In Fiscal Year Following Issuing Of Bond	
Audit Fees	0	0	5,000	Will Commence In Fiscal Year 2021/2022	
Arbitrage Rebate Fee	0	0	650	Will Commence In Fiscal Year Following Issuing Of Bond	
Insurance	0	4,000	6,000		
Legal Advertisements	0	5,000	5,000		
Miscellaneous	0	1,000	1,000		
Postage	0	300	300		
Office Supplies	0	1,500	1,500		
Dues & Subscriptions	0	175	175	Annual Fee Due Department Of Economic Opportunity	
Website Management	0	1,000	1,500	12 Months X $125	
Trustee Fees	0	0	4,500	Will Commence In Fiscal Year Following Issuing Of Bond	
Continuing Disclosure Fee	0	0	1,000	Will Commence In Fiscal Year Following Issuing Of Bond	
					
TOTAL EXPENDITURES	$	-	$	81,975	$	113,625		
					
REVENUES LESS EXPENDITURES	$	-	$	-	$	-		
					
Bond Payments	0	0	0		
					
BALANCE	$	-	$	-	$	-		
					
County Appraiser & Tax Collector Fee	0	0	0		
Discounts For Early Payments	0	0	0		
					
EXCESS/ (SHORTFALL)	$	-	$	-	$	-