RESOLUTION 2022-02

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 General Fund Budget for Fiscal Year 2022, 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 20th day of October, 2021 and be reflected in the monthly and Fiscal Year End 9/30/22 Financial Statements and Audit Report of the District.

Rivers Edge II

Community Development District

Attest:

by:		 Chairman / Vice Chairman

by:		 Secretary / Assistant Secretary

RIVERS EDGE II CDD RESOLUTION 2022-02
EXHIBIT A

Revenues		
Assessments	$449,329	$0	$449,329	
Developer Contributions	$1,185,034	$5,000	$1,190,034	
Café Revenues	$218,690	$0	$218,690	
Special Events	$7,000	$0	$7,000	
Miscellaneous Income	$0	$0	$0	
Cost Share Amenity- Rivers Edge III	$82,310	$0	$82,310	
Total Revenues	$1,942,363	$5,000	$1,947,363	

Expenditures				
Administrative				
Engineering	$15,000	$0	$15,000	
Arbitrage	$1,200	$0	$1,200	
Dissemination Agent	$3,500	$0	$3,500	
Attorney	$22,244	$0	$22,244	
Annual Audit	$5,000	$0	$5,000	
Assessment Roll	$0	$5,000	$5,000	
Trustee Fees	$8,000	$0	$8,000	
Management Fees	$30,000	$0	$30,000	
Construction Accounting	$3,500	$0	$3,500	
Information Technology	$1,800	$0	$1,800	
Webiste Administration	$1,200	$0	$1,200	
Telephone	$200	$0	$200	
Postage	$800	$0	$800	
Printing & Binding	$1,200	$0	$1,200	
Insurance	$5,919	$0	$5,919	
Legal Advertising	$4,000	$0	$4,000	
Other Current Charges	$1,000	$0	$1,000	
Office Supplies	$850	$0	$850	
Dues, Licenses & Subscriptions	$175	$0	$175	
Website design/compliance	$5,625	$0	$5,625	
Total Administrative	$111,213	$5,000	$116,213	

Grounds Maintenance				
Cost Share Landscaping- Rivers Edge	$688,906	$0	$688,906	
Field Operations Management (Vesta)	$38,569	$0	$38,569	
Landscape Maintenance	$241,438	$0	$241,438	
Lake Maintenance	$20,000	$0	$20,000	
Landscape Replacements	$500	$0	$500	
Total Grounds Maintenance	$989,413	$0	$989,413	

Amenity Center - River House				
General & Lifestyle Manager (Vesta)	$67,000	$0	$67,000	
Hospitality Staff (Vesta)	$117,895	$0	$117,895	
Security Monitoring	$5,000	$0	$5,000	
Telephone	$10,260	$0	$10,260	
Insurance	$56,270	$0	$56,270	
General Facility & Common Grounds Maint (Vesta)	$61,289	$0	$61,289	
Pool Maintenance(Vesta)	$19,260	$0	$19,260	
Pool Chemicals(Poolsure)	$8,343	$0	$8,343	
Janitorial Services (Vesta)	$17,260	$0	$17,260	
Access Cards	$3,500	$0	$3,500	
Window Cleaning	$3,500	$0	$3,500	
Natural Gas	$2,050	$0	$2,050	
Electric	$20,000	$0	$20,000	
Sewer/Water/Irrigation	$75,000	$0	$75,000	
Repair and Replacements	$40,000	$0	$40,000	
Refuse	$7,500	$0	$7,500	
Pest Control	$1,920	$0	$1,920	
License/Permits	$1,500	$0	$1,500	
Other Current	$1,000	$0	$1,000	
Special Events	$15,000	$0	$15,000	
Holiday Decorations	$13,000	$0	$13,000	
Office Supplies/Postage	$1,500	$0	$1,500	
Café Costs- labor/food/beverage/COGS	$218,690	$0	$218,690	
General Reserves	$75,000	$0	$75,000	
Total Amenity Center Expenses	$841,737	$0	$841,737	
				
Total Expenses	$1,942,363	$5,000	$1,947,363	
				
Excess Revenues (Expenditures)	$0	$0	$0