RESOLUTION 2019-07

WHEREAS, the Board of Supervisors, hereinafter referred to as the "Board", of the Rivers Edge II Community Development District, hereinafter referred to as "District", adopted a Genera l Fund Budget for Fiscal Year 2019, and

WHEREAS, the Board desires to reallocate funds budgeted to re-appropriate Revenues and Expenses approved during the Fiscal Year.
NOW THEREFORE, BE IT RESOLVED BY THE BOARD OF SUPERVISORS OF THE RIVERS EDGE II COMMUNITY DEVELOPMENT DISTRICT TO THE FOLLOWING:

The General Fund Budget is hereby amended in accordance with Exhibit "A" attached.

This resolution shall become effective this 16thday of January, 2019 and be reflected in the monthly and Fiscal Year End 9/30 /19 Financial Statements and Audit Report of the District.

Rivers Edge II

C2

Community Development District

by:
Chairman

Attest:

by:	Secre	5;    s.-k-~ r

RIVERS EDGE II CDD RESOLUTION 2019-07

EXHIBIT A

Rivers Edge II
Community Development District FYZOl9 Budget Amendment #1

Adopted FY19	Increase/	Amended FYl9 Budget	(Decrease)		Budget

Revenues

Developer Contributions	$116,675	$464,187	$580,862	
Cafe Revenue	$0	$145,830	$145,830	
Miscellaneous Revenue	$0	$0	$0	
Total Revenue	$116,675	$610,017	--$726,692	
ExQen._ditures				
Administrative				
Engineering	$15,000	$0	$15,000	
Arbitrage	$600	$0	$600	
Dissemination Agent	$3,500	$0	$3,500	
Attorney	$20,000	$0	$20,000	
Annual Audit	$5,000	$0	$5,000	
Trustee Fees	$4,000	$0	$4,000	
Management Fees	$45,000	($15,000)	$30,000	
Construction Accounting	$3,500	$0	$3,500	
Information Technology	$1,200	$0	$1,200	
Telephone	$300	$0	$300	
Postage	$1,500	$0	$1,500	
Printing & Binding	$1,000	$0	$1,000	
Insurance	$5,800	$0	$5,800	
Legal Advertising	$4,000	$0	$4,000	
Other Current Charges	$600	$0	$600	
Office Supplies	$1,000	$0	$1,000	
Dues, Licenses & Subscriptions	$175	$0	$175	
Website design/compliance	$4,500	$0	$4,500	
Total Administrative	$116,675	($15,000)	$101,675	
Field OQerc3,tJ9n_				
Cost Share (Roads/Stormwater)	$0	$131,708	$131,708	
General & Lifestyle Manager (Vesta)	$0	$62,980	$62,980	
Facility/Hospitality Staff (Vesta)	$0	$62,242	$62,242	
Field Operations Management (Vesta)	$0	$31,020	$31,020	
Community Facility Staff (Vesta)	$0	$27,964	$27,964	
Security Monitoring	$0	$5,000	$5,000	
Telephone	$0	$5,000	$5,000	
Insurance	$0	$44,371	$44,371	
Landscape Maintenance	$0	$45,000	$45,000	
General Facility & Common Grounds Maint (Vesta)	$0	$23,273	$23,273	

Rivers Edge II
Community Development District				
FYZ019 Budget Amendment #1				
	Adopted FYl9	Increase/	Amended FY19	
	Budget	(Decrease)	Budget	
Pool Maintenance(Vesta&Poolsure)	$0	$25,000	$25,000	
Pool Chemicals	$0	$10,000	$10,000	
Janitorial Services (Vesta)	$0	$29,258	$29,258	
Window Cleaning	$0	$3,500	$3,500	
Propane Gas	$0	$750	$750	
Electric	$0	$20,000	$20,000	
Sewer/Water/Irrigation	$0	$30,000	$30,000	
R_epair and Replacements	$0	$5,000	$5,000	
Refuse	$0	$5,340	$5,340	
Pest Control	$0	$1,140	$1,140	
License/Permits	$0	$1,500	$1,500	
Other Current	$0	$1,000	$1,000	
Special Events	$0	$10,000	$10,000	
Landscape Replacements	$0	$500	$500	
Office Supplies/Postage	$0	$500	$500	
Cafe Costs- labor/food/beverage/other	$0	$174,678	$174,678	
Total Field	$0	$625,017	$625,017	
Total Expenditures	$116,675	$610,0l'Z_	$726,692	
				
Excess Revenues (Expenditures)	$0	$0	 	$0