Terreno
Community Development District

Amended Final Budget For Fiscal Year 2022/2023
October 1, 2022 - September 30, 2023

CONTENTS

AMENDED FINAL OPERATING FUND BUDGET

AMENDED FINAL DEBT SERVICE FUND BUDGET

FISCAL YEAR 2022/2023 OCTOBER 1, 2022 - SEPTEMBER 30, 2023

REVENUES	FISCAL YEAR 2022/2023 BUDGET
10/1/22 - 9/30/23	AMENDED FINAL BUDGET
10/1/22 - 9/30/23	YEAR TO DATE ACTUAL
10/1/22 - 8/31/23	
O&M Assessments	0	0	0	
Developer Contribution	87,875	105,000	90,412	
Debt Assessments	0	0	0	
Interest Income	0	380	347	
				
Total Revenues	$	87,875	$	105,380	$	90,759	
				
EXPENDITURES				
Administrative Expenditures				
Supervisor Fees	0	0	0	
Engineering/Inspections	1,000	18,000	9,060	
Miscellaneous Maintenance	1,000	0	0	
Management	36,000	36,000	33,000	
Legal	30,000	30,000	21,543	
Assessment Roll	0	5,000	0	
Audit Fees	0	3,200	3,200	
Arbitrage Rebate Fee	0	0	0	
Insurance	6,000	5,000	5,000	
Legal Advertisements	7,500	7,500	5,997	
Miscellaneous	1,500	500	229	
Postage	200	550	501	
Office Supplies	1,500	850	672	
Dues & Subscriptions	175	175	175	
Website Management & ADA Compliance	3,000	3,000	2,750	
Trustee Fees	0	0	0	
Continuing Disclosure Fee	0	0	0	
Total Expenditures	$	87,875	$	109,775	$	82,127	
				
REVENUES LESS EXPENDITURES	$	-	$	(4,395)	$	8,632	
				
Bond Payments	0	0	0	
				
BALANCE	$	-	$	(4,395)	$	8,632	
				
County Appraiser & Tax Collector Fee	0	0	0	
Discounts For Early Payments	0	0	0	
				
EXCESS/ (SHORTFALL)	$	-	$	(4,395)	$	8,632	
				
Carryover From Prior Year	0	0	0	
				
NET EXCESS/ (SHORTFALL)	$	-	$	(4,395)	$	8,632	

Fund Balance As Of 9/30/2022	
Projected FY 2022/2023 Activity	
Fund Balance As Of 9/30/2023	

$4,857	
($4,395)	
$462	

8/29/2023 4:25 PM

DEBT SERVICE FUND - SERIES 2022 FISCAL YEAR 2022/2023
OCTOBER 1, 2022 - SEPTEMBER 30, 2023

REVENUES	FISCAL YEAR 2022/2023 BUDGET 10/1/22 - 9/30/23	AMENDED FINAL BUDGET
10/1/22 - 9/30/23	YEAR TO DATE ACTUAL
10/1/22 - 8/31/23	
Interest Income	0	5,000	4,295	
NAV Assessment Collection	0	0	0	
Bond Proceeds	0	349,939	349,939	
				
Total Revenues	$	-	$	354,939	$	354,234	
				
EXPENDITURES				
Principal Payments	0	0	0	
Interest Payments	0	85,680	85,680	
Bond Redemption	0	0	0	
Total Expenditures	$	-	$	85,680	$	85,680	
				
Excess/ (Shortfall)	$	-	$	269,259	$	268,554	

FUND BALANCE AS OF 9/30/22	
FY 2022/2023 ACTIVITY	
FUND BALANCE AS OF 9/30/23	

$0	
$269,259	
$269,259	

Notes
Reserve Fund Balance = $264,259*. Revenue Account Balance = $5,000* November 2023 Interest Payment For $202,925 To Be Developer Funded.
Capital Projects Bond Proceeds = $7,710,061. Total Bond Proceeds = $8,060,000. FY 2022/2023 Cost Of Issuance = $362,200.
Fiscal Year 2022/2023 Capital Outlays = $7,303,702 (As Of 8-31-23).
* Approximate Amounts

Series 2023 Bond Information

Original Par Amount =	$8,060,000	Annual Principal Payments Due:	
Interest Rate =	4.25% - 5.25%	May 1st	
Issue Date =	February 2023	Annual Interest Payments Due:	
Maturity Date =

Par Amount As Of 9/30/23 =	May 2053

$8,060,000	November 1st	

8/29/2023 4:25 PM	II