Amended Budget
Fiscal Year 2023

Turtle Run Community Development District

November 27, 2023

Turtle Run
Community Development District

TABLE OF CONTENTS

General Fund
Budget	Page 1-3
Budget Narrative	Page 4-8
Operating Reserve Schedule	Page 9
Capital Reserves Schedule	Page 10
Debt Service Funds
Budget	Page 11
Amortization Schedules	Page 12-13
Capital Projects Funds
Budget	Page 14

Turtle Run		
Community Development District					General Fund	

Description	Adopted Budget
FY 2022	Actual Thru
5/31/22	Projected Next
4 Months	Total Projected
9/30/22	Amended Budget
FY 2023	
Revenues						
Special Assessment - Levy	$1,272,662	$1,273,770	$0	$1,273,770	$1,291,560	
Interest Income	$1,000	$3,654	$1,827	$5,481	$51,437	
Insurance Proceeds	$0	$0	$0	$0	$27,625	
Miscellaneous Income	$0	$616	$0	$616	$217	
Unassigned Fund Balance	$0	$0	$0	$0	$75,161	
TOTAL REVENUES	$1,273,662	$1,278,040	$1,827	$1,279,867	$1,446,000	
Expenditures						
Administrative						
Supervisor Fees	$24,000	$12,600	$8,000	$20,600	$24,000	
FICA Expense	$1,836	$964	$612	$1,576	$1,836	
Arbitrage	$600	$600	$0	$600	$600	
Engineering	$10,000	$0	$0	$0	$10,000	
Attorney	$50,000	$30,025	$20,833	$50,858	$61,412	
Attorney - Special Counsel	$0	$0	$5,690	$5,690	$20,000	
Trustee Fees	$7,000	$7,000	$0	$7,000	$7,000	
Annual Audit	$4,200	$2,000	$2,200	$4,200	$4,300	
Management Fees	$63,024	$42,016	$21,008	$63,024	$64,914	
Computer Time	$1,000	$667	$333	$1,000	$1,000	
Website Compliance	$1,000	$667	$333	$1,000	$1,000	
Telephone	$200	$0	$67	$67	$200	
Travel & Per Diem	$4,000	$0	$0	$0	$0	
Postage	$750	$278	$250	$528	$750	
Printing & Binding	$2,400	$707	$800	$1,507	$2,400	
Rentals & Leases	$4,800	$5,105	$1,600	$6,705	$4,800	
Insurance	$10,102	$9,300	$0	$9,300	$11,406	
Legal Advertising	$2,000	$422	$667	$1,089	$1,200	
Other Current Charges	$1,200	$885	$400	$1,285	$1,200	
Office Supplies	$250	$70	$83	$153	$250	
Dues, Licenses & Subscriptions	$175	$175	$0	$175	$175	
TOTAL ADMINISTRATIVE	$188,537	$113,481	$62,877	$176,358	$218,443	
Field:						
Salaries and Wages	$73,190	$16,891	$0	$16,891	$0	
Special Pay	$500	$1,000	$0	$1,000	$0	
FICA Expense	$5,637	$1,327	$0	$1,327	$0	
Pension Expense	$4,421	$1,133	$0	$1,133	$0	
Health Insurance	$10,000	$6,667	$3,333	$10,000	$0	
Worker's Compensation Insurance	$1,500	$1,194	$0	$1,194	$0	
Field Management	$0	$8,881	$11,842	$20,723	$50,000	

Turtle Run
Community Development District

General Fund

Adopted
Budget	Actual
Thru	Projected
Next	Total
Projected	Amended
Budget	
 Description	 	FY 2022	 	5/31/22	  4 Months	 	9/30/22	 	FY 2023		
Video Monitoring	$2,500	$1,852	$908	$2,760	$3,000	
Travel & Per Diem	$250	$0	$0	$0	$0	
Telephone Expense	$450	$300	$150	$450	$0	
Internet/Data	$3,000	$2,640	$1,320	$3,960	$4,000	
Rentals & Leases	$3,600	$1,200	$0	$1,200	$0	
Insurance	$1,000	$667	$333	$1,000	$0	
Electric	$90,000	$65,056	$32,528	$97,584	$104,594	
Water	$7,500	$5,025	$3,589	$8,614	$9,000	
Insurance	$16,099	$31,769	$0	$31,769	$38,123	
Contract Services:						
Weed Control	$28,364	$19,482	$10,420	$29,902	$31,260	
Culvert Inspection	$15,000	$0	$15,000	$15,000	$15,000	
Holiday Lighting	$75,080	$38,224	$0	$38,224	$59,761	
Iguana Removal	$7,500	$4,375	$3,125	$7,500	$7,500	
Repairs & Maintenance:						
Landscape Maintenance	$302,330	$190,802	$102,461	$293,263	$338,794	
Pest Control/Fertilization	$48,300	$32,375	$16,100	$48,475	$48,300	
Landscape Replacement	$125,000	$20,056	$62,500	$82,556	$116,788	
Annual Tree Trimming	$31,000	$12,000	$19,000	$31,000	$77,849	
Fountain Maintenance	$7,500	$3,635	$560	$4,195	$7,500	
Fountain Repairs	$15,000	$31,475	$1,500	$32,975	$15,000	
Irrigation Repairs/Maintenance	$17,500	$16,535	$2,500	$19,035	$24,133	
Paver Repairs	$0	$0	$0	$0	$15,540	
Vehicle Maintenance	$1,000	$667	$333	$1,000	$0	
Pressure Cleaning	$35,025	$36,975	$0	$36,975	$37,070	
Contingencies	$16,877	$10,763	$6,000	$16,763	$15,115	
Lighting/Electrical Repairs	$20,000	$7,609	$6,667	$14,276	$20,000	
RPM Replacements	$3,000	$7,935	$0	$7,935	$17,286	
Rust Preventative TR Park	$4,000	$1,050	$1,400	$2,450	$4,200	
Operating Supplies:						
Gas/Oil/Misc	$5,000	$1,476	$675	$2,151	$2,000	
Holiday Decorations	$5,000	$5,000	$0	$5,000	$5,000	
Flags	$3,000	$1,070	$1,500	$2,570	$3,000	
Capital Projects Transfer Out	$100,000	$100,000	$0	$100,000	$100,000	
Emergency Funds Transfer Out	$1,063,044	$1,063,044	$0	$1,063,044	$0	
Capital Improvements	$0	$0	$0	$0	$57,744	
 TOTAL FIELD MAINTENANCE	 	$2,148,169   $1,750,150  	$303,745   $2,053,895  	$1,227,557 

 TOTAL EXPENDITURES	 	$2,336,706   $1,863,631  	$366,621   $2,230,252  	$1,446,000 

 EXCESS (DEFICIENCY) OF REVENUES	 	($1,063,044)  	($585,591)  	($364,794)  	($950,385)  	($0) 

Turtle Run
Community Development District

General Fund

 	
Adopted	Actual	Projected	Total	Amended	
Budget	Thru	Next	Projected	Budget	

 Description	 	FY 2022	 	5/31/22	  4 Months	 	9/30/22	 	FY 2023	

	FY 2019	FY 2020	FY 2021	FY 2022	FY 2023	
Net Assessment	$1,271,477	$1,271,477	$1,271,477	$1,272,662	$1,272,662	
Discounts & Collections 6%	$83,075	$83,075	$83,075	$83,151	$83,151	
Gross Assessment	$1,354,552	$1,354,552	$1,354,552	$1,355,812	$1,355,812	
Assessable Acres	311.51	311.51	311.51	311.80	311.80	
Assessment Per Acre	$4,348.34	$4,348.34	$4,348.34	$4,348.34	$4,348.34	

Unit Type
2017-1	Acres	Debt Service
Assessment (1)	General Fund
Assessment	Total Gross
Assessment Per Acre	
Residential-Single Family	108.74	$1,456.70	$4,348.34	$5,805.04	
Condo-Cypress Pointe	26.72	$1,456.70	$4,348.34	$5,805.04	
2017-2					
Apartment-The Grove	32.41	$1,602.03	$4,348.34	$5,950.37	
Apartment-Park Place	17.49	$1,602.03	$4,348.34	$5,950.37	
Apartments-The Park	13.92	$1,602.03	$4,348.34	$5,950.37	
Commercial		112.52		$1,552.53	$4,348.34	$5,900.87	
	311.8				

(1) Refer to page 10 for detailed calculation.

TURTLE RUN
COMMUNITY DEVELOPMENT DISTRICT

REVENUES:

Special Assessments
The District will levy a non ad-valorem special assessment on all taxable property within the District to fund all of the General Operating Expenditures for the fiscal year.

EXPENDITURES:

Administrative:

Supervisor Fees
The Florida Statutes allows each board member to receive $200 per meeting not to exceed $4,800 in one year. The amount for the fiscal year is based upon all five supervisors attending the estimated 24 semi- monthly meetings.

FICA Expense
Represents the Employer's share of Social Security and Medicare taxes withheld from Board of Supervisors checks.

Arbitrage
The District is required to annually have an arbitrage rebate calculation on the District's Series 2017-1 and 2017-2 Special Assessment Bonds. Currently the District has contracted Grau & Associates, an independent certified public accounting firm, to calculate the rebate liability and submit a report to the District.

Engineering Fees
The District's engineer will be providing general engineering services to the District including attendance and preparation for board meetings, etc.

Attorney
The District's legal counsel will be providing general legal services to the District, i.e., attendance and preparation for monthly meetings, review operating and maintenance contracts, etc.

Annual Audit
The District is required annually to conduct an audit of its financial records by an Independent Certified Public Accounting Firm.

Management Fees
The District receives Management, Accounting and Administrative services as part of a Management Agreement with Governmental Management Services-South Florida. These services are further outlined in Exhibit "A" of the Management Agreement.

Computer Time
The District processes all of its financial activities, i.e., accounts payable, financial statements, etc. on a mainframe computer leased by Governmental Management Services-South Florida.

Telephone
Telephone and fax machine.

TURTLE RUN
COMMUNITY DEVELOPMENT DISTRICT

Postage
Mailing of agenda packages, overnight deliveries, correspondence, etc.

Printing & Binding
Printing and Binding agenda packages for board meetings, printing of computerized checks, stationary, envelopes etc.

Rental & Leases
The District will be charged $400 per month for office rent from Governmental Management Services- South Florida, LLC.

Insurance
The District's General Liability & Public Officials Liability Insurance policy is with an insurance company that specializes in providing insurance coverage to governmental agencies.

Legal Advertising
The District is required to advertise various notices for monthly Board meetings, public hearings, etc. in a newspaper of general circulation.

Other Current Charges
Bank charges and any other miscellaneous expenses that are incurred during the year.

Office Supplies
Miscellaneous office supplies.

Dues, Licenses & Subscriptions
The District is required to pay an annual fee to the Department of Economic Opportunity for $175. This is the only expense under this category for the District.

Website Compliance
Per Section 189.069 F.S., all Districts must have a website by October 1, 2015 to provide detailed information on the CDD as well as links to useful websites regarding Compliance issues. This website will be maintained by GMS-SF, LLC and updated as required by the Statute.

Trustee Fees
The District issued Series 2017-1 and Series 2017-2 Special Assessment Bonds. The amount of the trustee fees is based on the agreement between the trustee and the District.

TURTLE RUN
COMMUNITY DEVELOPMENT DISTRICT

Field Maintenance:

Field Management Fees
The District has contracted with Governmental Management Services-South Florida for the supervision and on-site management of Turtle Run Community Development District. Their responsibilities include reviewing contracts, providing the on-site support during designated times, and other maintenance related items, not to exceed 20 hours of field coverage per week.

Electric
The District currently has the following utility accounts:

Account Number	Meter #	Description	Amount	
95557-01334	6JJ2800	3953 Turtle Run Blvd. - Fountain	$	21,000.00	
13895-60937	AC38867	6400 Wiles Road	$	200.00	
13945-67968	AC38334	6200 Wiles Road	$	150.00	
41154-57279	AC37807	6601 W. Sample Road - Entrance Lights	$	200.00	
41224-58252	5J05215	6403 W. Sample Road - 1 Pump	$	150.00	
41745-56268	5J36977	3954 Turtle Creek Drive - 2 Pump	$	8,000.00	
41755-54296	6J23876	3953 Turtle Run Blvd. - 3 Pump (Fountain)	$	10,500.00	
69824-26402	6N51835	6300 Turtle Run Blvd. - Aux	$	8,000.00	
81978-96452	AE02784	6201 W. Sample Road - Lights	$	200.00	
01016-33543	ACD2738	4522 NW 67th Avenue - Pump	$	150.00	
59623-05529	AC01732	6644 NW 41st ST- Light 3	$	150.00	
03810-93525	AC02037	6716 NW 43rd PL- Light 2	$	150.00	
93833-13526	AC01118	6515 NW 43rd CT- Light1	$	150.00	
78810-39213	6N92075	6250 Turtle Run Blvd. Fountain	$	10,000.00	
71974-03392	KJ71195	3601 Turtle Run Blvd #FTN & LTG	$	18,000.00	
82186-97178	65LL2440	4372 N State Road 7 - Target Fountain	 $	21,000.00 	
TOTAL			$	98,000.00	

Water
The City of Coral Springs provides water service for the roundabout fountain, front entrance fountain and irrigation for landscaping on Wiles Road by the privacy wall.

Insurance
The District's property insurance is with Florida Insurance Alliance (FIA). FIA specializes in providing insurance coverage to governmental agencies.

Iguana Removal
The District has a contract with Redline Iguana Removal for bi-weekly removal of iguanas snaring, trapping and shooting.

TURTLE RUN
COMMUNITY DEVELOPMENT DISTRICT

Contractual Services
The District has the following contracts:

Weed Control	Solitude Lake Management	$31,260.00	
Culvert Inspection	Industrial Divers	$15,000.00	
Holiday Lighting	Christmas Designers	$52,768.00	
Iguana Removal	Redline Iguana Removal	$7,500.00	
Total		$106,528.00	

Repairs and Maintenance
The following expenses are expected for Fiscal Year 2023:

Landscape Maintenance	$338,794.00	
Pest Control/Fertilization-Lawn	$48,300.00	
Landscape Replacement	$109,000.00	
Annual Tree Trimming	$31,000.00	
Fountain Maintenance	$7,500.00	
Fountain Repairs	$15,000.00	
Irrigation Repairs and Maintenance	$17,500.00	
Pressure Cleaning	$37,070.00	
Contingencies	$15,115.00	
Lighting/Electrical Repairs	$20,000.00	
Total	$639,279.00	

Fountain Maintenance
Monthly cleaning for the roundabout fountain and front entrance water features.

Fountain Repairs
Semi annual cleaning of floating fountains, repairs to lights, floats, motor and equipment, and repairs to front entrance fountain equipment.

Irrigation Repairs and Maintenance
Represents annual contract with Hoover Pumping System and repairs needed not covered by contracts.

Lighting/Electrical Repairs
Repair and maintenance for entrance feature lighting, wall lights and streetlighting.

RPM Replacements
Replacement of solar RPM in the roundabout.

Rust Prevention TR Park
Chemicals needed for tank attached to irrigation pump in Turtle Run Park and pressure cleaning touch- up.

Contingencies
Any unscheduled repairs and maintenance that the District should incur during the fiscal year.

TURTLE RUN
COMMUNITY DEVELOPMENT DISTRICT

Operating Supplies
Purchase of supplies for the District’s Field Department is as follows:

Gas/Oil/Misc	$2,000.00	
Holiday Decorations	$5,000.00	
Flags		$3,000.00 	
Total	$10,000.00	

Capital Projects
Capital Projects needed throughout the Fiscal Year.

TURTLE RUN		
COMMUNITY DEVELOPMENT DISTRICT		
OPERATING SCHEDULE RESERVES		
Description	Amount	

Beginning Balance - Carry Forward Surplus	
$2,419,004	
Estimated Expenditures in Excess of Revenues (FY 22)	($950,385)	
Less:
Funding for First Quarter Operating Expenses	
($336,500)	
Reserved for Emergency Fund	($502,071)  $	(838,571) 	
Total Undesignated Cash as of 9/30/2022	$630,047	

TURTLE RUN
COMMUNITY DEVELOPMENT DISTRICT

CAPITAL RESERVES

Description	Amount

Beginning Balance - (As of 6/30/2022)	$820,974

Expected Cost to Complete Ongoing Capital Projects	($193,702)
Engineering Fees	($24,800)
Contingencies	($52,000)  $	(270,502) 

Total Capital Reserves as of 9/30/22	$550,472

Turtle Run	Debt Service Fund
Community Development District	Series 2017 Special Assessment Revenue Bonds

	Adopted
Budget		Actual
Thru		Projected
Next		Total
Projected		Amended
Budget	
 Description				FY 2022				5/31/22				4 Months				9/30/22				FY 2023		
Revenues											
Special Assessments		$445,623		$445,466		$157		$445,623		$445,623	
Interest Income		$0		$156		$78		$234		$0	
Carry Forward Surplus		$254,599		$249,988		$0		$249,988		$253,129	
  TOTAL REVENUES				$700,222 			$695,610 			$235 			$695,845 			$698,752 	

Expenditures											
Series 2017-1											
Interest - 11/01		$50,283		$50,283		$0		$50,283		$49,433	
Interest - 05/01		$50,283		$50,283		$0		$50,283		$49,433	
Principal - 05/01		$85,000		$85,000		$0		$85,000		$85,000	

Series 2017-2											
Interest - 11/01		$91,075		$91,075		$0		$91,075		$89,575	
Interest - 05/01		$91,075		$91,075		$0		$91,075		$89,575	
Principal - 05/01		$75,000		$75,000		$0		$75,000		$80,000	
  TOTAL EXPENDITURES				$442,715 			$442,716 			$0 			$442,716 			$443,015 	
EXCESS REVENUES (EXPENDITURES)		$257,507		$252,894		$235		$253,129		$255,737	
								
11/23 Interest		
$48,529	
								11/23 Interest			$87,975 	
								Total			$136,504 	

Unit Type 2017-1	
Acres	Gross Assessment Per Unit Amount	
Total	
Residential-Single Family	108.61	$1,456.70	$158,212.19	
Condo-Cypress Pointe	26.72	$1,456.70	$38,923.02	
2017-2				
Apartment-The Grove	32.41	$1,602.03	$51,921.79	
Apartment-Park Place	17.49	$1,602.03	$28,019.50	
Apartments-The Park	13.92	$1,602.03	$22,300.26	
Commercial		112.52		$1,552.53		$174,690.68 	
	311.67		$474,067.44	
Less Discount/Collection Fees		($28,444.05)
Total Net Assessment	$445,623.39	

Turtle Run
Community Development District
Series 2017-1 Special Assessment Bonds

AMORTIZATION SCHEDULE

DATE	BALANCE	PRINCIPAL	INTEREST	TOTAL

05/01/22	$	3,195,000.00	$	
11/01/22	$	3,110,000.00	$	
05/01/23	$	3,110,000.00	$	
11/01/23	$	3,025,000.00	$	
05/01/24	$	3,025,000.00	$	
11/01/24	$	2,940,000.00	$	
05/01/25	$	2,940,000.00	$	
11/01/25	$	2,850,000.00	$	
05/01/26	$	2,850,000.00	$	
11/01/26	$	2,760,000.00	$	
05/01/27	$	2,760,000.00	$	
11/01/27	$	2,665,000.00	$	
05/01/28	$	2,665,000.00	$	
11/01/28	$	2,570,000.00	$	
05/01/29	$	2,570,000.00	$	1	
11/01/29	$	2,470,000.00	$	
05/01/30	$	2,470,000.00	$	1	
11/01/30	$	2,365,000.00	$	
05/01/31	$	2,365,000.00	$	1	
11/01/31	$	2,260,000.00	$	
05/01/32	$	2,260,000.00	$	1	
11/01/32	$	2,150,000.00	$	
05/01/33	$	2,150,000.00	$	1	
11/01/33	$	2,035,000.00	$	
05/01/34	$	2,035,000.00	$	1	
11/01/34	$	1,920,000.00	$	
05/01/35	$	1,920,000.00	$	1	
11/01/35	$	1,800,000.00	$	
05/01/36	$	1,800,000.00	$	1	
11/01/36	$	1,675,000.00	$	
05/01/37	$	1,675,000.00	$	1	
11/01/37	$	1,545,000.00	$	
05/01/38	$	1,545,000.00	$	1	
11/01/38	$	1,410,000.00	$	
05/01/39	$	1,410,000.00	$	1	
11/01/39	$	1,275,000.00	$	
05/01/40	$	1,275,000.00	$	1	
11/01/40	$	1,135,000.00	$	
05/01/41	$	1,135,000.00	$	1	
11/01/41	$	990,000.00	$	
05/01/42	$	990,000.00	$	1	
11/01/42	$	840,000.00	$	
05/01/43	$	840,000.00	$	1	
11/01/43	$	685,000.00	$	
05/01/44	$	685,000.00	$	1	
11/01/44	$	525,000.00	$	
05/01/45	$	525,000.00	$	1	
11/01/45	$	355,000.00	$	
05/01/46	$	355,000.00	$	1	
11/01/46	$	180,000.00	$	
05/01/47	$	180,000.00	$	1	
			$	3,2	

$	50,282.50	$	-	
$	49,432.50	$	184,715.00	
$	49,432.50	$	-	
$	48,529.38	$	182,961.88	
$	48,529.38	$	-	
$	47,573.13	$	181,102.50	
$	47,573.13	$	-	
$	46,448.13	$	184,021.25	
$	46,448.13	$	-	
$	45,278.13	$	181,726.25	
$	45,278.13	$	-	
$	43,971.88	$	184,250.00	
$	43,971.88	$	-	
$	42,606.25	$	181,578.13	
$	42,606.25	$	-	
$	41,056.25	$	183,662.50	
$	41,056.25	$	-	
$	39,428.75	$	185,485.00	
$	39,428.75	$	-	
$	37,801.25	$	182,230.00	
$	37,801.25	$	-	
$	36,096.25	$	183,897.50	
$	36,096.25	$	-	
$	34,227.50	$	185,323.75	
$	34,227.50	$	-	
$	32,358.75	$	181,586.25	
$	32,358.75	$	-	
$	30,408.75	$	182,767.50	
$	30,408.75	$	-	
$	28,377.50	$	183,786.25	
$	28,377.50	$	-	
$	26,265.00	$	184,642.50	
$	26,265.00	$	-	
$	23,970.00	$	185,235.00	
$	23,970.00	$	-	
$	21,675.00	$	180,645.00	
$	21,675.00	$	-	
$	19,295.00	$	180,970.00	
$	19,295.00	$	-	
$	16,830.00	$	181,125.00	
$	16,830.00	$	-	
$	14,280.00	$	181,110.00	
$	14,280.00	$	-	
$	11,645.00	$	180,925.00	
$	11,645.00	$	-	
$	8,925.00	$	180,570.00	
$	8,925.00	$	-	
$	6,035.00	$	184,960.00	
$	6,035.00	$	-	
$	3,060.00	$	184,095.00	
$	3,060.00	$	183,060.00	

85,000.00

- 85,000.00
- 85,000.00
- 90,000.00
- 90,000.00
- 95,000.00
- 95,000.00
- 00,000.00
- 05,000.00
- 05,000.00
- 10,000.00
- 15,000.00
- 15,000.00
- 20,000.00
- 25,000.00
- 30,000.00
- 35,000.00
- 35,000.00
- 40,000.00
- 45,000.00
- 50,000.00
- 55,000.00
- 60,000.00
- 70,000.00
- 75,000.00
- 80,000.00

75,000.00 $

1,662,796.25 $

4,937,796.25

Turtle Run
Community Development District
Series 2017-2 Special Assessment Bonds

AMORTIZATION SCHEDULE

DATE	BALANCE	PRINCIPAL	INTEREST	TOTAL

05/01/22	$	3,765,000.00	$	
11/01/22	$	3,690,000.00	$	
05/01/23	$	3,690,000.00	$	
11/01/23	$	3,610,000.00	$	
05/01/24	$	3,610,000.00	$	
11/01/24	$	3,525,000.00	$	
05/01/25	$	3,525,000.00	$	
11/01/25	$	3,440,000.00	$	
05/01/26	$	3,440,000.00	$	
11/01/26	$	3,350,000.00	$	
05/01/27	$	3,350,000.00	$	
11/01/27	$	3,255,000.00	$	
05/01/28	$	3,255,000.00	$	1	
11/01/28	$	3,155,000.00	$	
05/01/29	$	3,155,000.00	$	1	
11/01/29	$	3,055,000.00	$	
05/01/30	$	3,055,000.00	$	1	
11/01/30	$	2,950,000.00	$	
05/01/31	$	2,950,000.00	$	1	
11/01/31	$	2,835,000.00	$	
05/01/32	$	2,835,000.00	$	1	
11/01/32	$	2,715,000.00	$	
05/01/33	$	2,715,000.00	$	1	
11/01/33	$	2,590,000.00	$	
05/01/34	$	2,590,000.00	$	1	
11/01/34	$	2,460,000.00	$	
05/01/35	$	2,460,000.00	$	1	
11/01/35	$	2,320,000.00	$	
05/01/36	$	2,320,000.00	$	1	
11/01/36	$	2,175,000.00	$	
05/01/37	$	2,175,000.00	$	1	
11/01/37	$	2,020,000.00	$	
05/01/38	$	2,020,000.00	$	1	
11/01/38	$	1,860,000.00	$	
05/01/39	$	1,860,000.00	$	1	
11/01/39	$	1,690,000.00	$	
05/01/40	$	1,690,000.00	$	1	
11/01/40	$	1,515,000.00	$	
05/01/41	$	1,515,000.00	$	1	
11/01/41	$	1,330,000.00	$	
05/01/42	$	1,330,000.00	$	1	
11/01/42	$	1,135,000.00	$	
05/01/43	$	1,135,000.00	$	2	
11/01/43	$	930,000.00	$	
05/01/44	$	930,000.00	$	2	
11/01/44	$	715,000.00	$	
05/01/45	$	715,000.00	$	2	
11/01/45	$	490,000.00	$	
05/01/46	$	490,000.00	$	2	
11/01/46	$	250,000.00	$	
05/01/47	$	250,000.00	$	2	
			$	3,8	

$	91,075.00	$	-	
$	89,575.00	$	255,650.00	
$	89,575.00	$	-	
$	87,975.00	$	257,550.00	
$	87,975.00	$	-	
$	86,275.00	$	259,250.00	
$	86,275.00	$	-	
$	84,575.00	$	255,850.00	
$	84,575.00	$	-	
$	82,775.00	$	257,350.00	
$	82,775.00	$	-	
$	80,875.00	$	258,650.00	
$	80,875.00	$	-	
$	78,875.00	$	259,750.00	
$	78,875.00	$	-	
$	76,375.00	$	255,250.00	
$	76,375.00	$	-	
$	73,750.00	$	255,125.00	
$	73,750.00	$	-	
$	70,875.00	$	259,625.00	
$	70,875.00	$	-	
$	67,875.00	$	258,750.00	
$	67,875.00	$	-	
$	64,750.00	$	257,625.00	
$	64,750.00	$	-	
$	61,500.00	$	256,250.00	
$	61,500.00	$	-	
$	58,000.00	$	259,500.00	
$	58,000.00	$	-	
$	54,375.00	$	257,375.00	
$	54,375.00	$	-	
$	50,500.00	$	259,875.00	
$	50,500.00	$	-	
$	46,500.00	$	257,000.00	
$	46,500.00	$	-	
$	42,250.00	$	258,750.00	
$	42,250.00	$	-	
$	37,875.00	$	255,125.00	
$	37,875.00	$	-	
$	33,250.00	$	256,125.00	
$	33,250.00	$	-	
$	28,375.00	$	256,625.00	
$	28,375.00	$	-	
$	23,250.00	$	256,625.00	
$	23,250.00	$	-	
$	17,875.00	$	256,125.00	
$	17,875.00	$	-	
$	12,250.00	$	255,125.00	
$	12,250.00	$	-	
$	6,250.00	$	258,500.00	
$	6,250.00	$	256,250.00	

75,000.00

- 80,000.00
- 85,000.00
- 85,000.00
- 90,000.00
- 95,000.00
- 00,000.00
- 00,000.00
- 05,000.00
- 15,000.00
- 20,000.00
- 25,000.00
- 30,000.00
- 40,000.00
- 45,000.00
- 55,000.00
- 60,000.00
- 70,000.00
- 75,000.00
- 85,000.00
- 95,000.00
- 05,000.00
- 15,000.00
- 25,000.00
- 40,000.00
- 50,000.00

40,000.00 $

3,108,325.00 $

6,948,325.00

Turtle Run	Capital Projects Funds
Community Development District

	Adopted
Budget		Actual
Thru		Projected
Next		Total
Projected		Amended
Budget	
 Description				FY 2022				5/31/22				4 Months				9/30/22				FY 2023		
Revenues											
Interest Income		$500		$1,565		$783		$2,348		$500	
Carry Forward Surplus		$167		$937,163		$0		$937,163		$551,255	
  TOTAL REVENUES				$667 			$938,728 			$783 			$939,511 			$551,755 	
Expenditures											
Capital Outlay - Repairs and Replacements		$0		$98,296		$289,960		$388,256		$0	
  TOTAL EXPENDITURES				$0 			$98,296 			$289,960 			$388,256 			$0 	
Other Financing Sources/(Uses)											
Capital Projects Transfer In		$1,163,044		$0		$0		$0		$100,000	
  TOTAL OTHER FINANCING SOURCES/(USES)				$1,163,044 			$0 			$0 			$0 			$100,000 	
EXCESS REVENUES		$1,163,711		$840,432		($289,178)		$551,255		$651,755