Suncoast Community Development District

Transcription

1 Suncoast Community Development District Financial Statements (Unaudited) Period Ending September 30, 2017 Meritus Districts 2005 Pan Am Circle ~ Suite 120 ~ Tampa, Florida Phone (813) ~ Fax (813)

2 Balance Sheet As of 9/30/2017 Debt Service Fund - General Fund Series 2014 Capital Projects Fund - Series 2014 General Fixed Assets Account Group General Long-Term Debt Account Group Total Assets Cash-Operating Account 504, ,033 Assessments Receivable-Landowners Investments - Reserve - Series , ,978 Investments - Revenue - Series , ,638 Investments - Construction - Series , ,229 Investments - Deferred Costs - Series Prepaid Expenses 4, ,659 Prepaid General Liability Insurance Prepaid D & O Insurance Prepaid Trustee Fees Deposits Ancillary Costs , ,686 Improvements Other Than Buildings ,692, ,692,469 Construction Work In Progress , ,573 Amount Available-Debt Service , ,401 Amount To Be Provided-Debt Service ,075,599 4,075,599 Other Total Assets 509, , ,700 1,979,728 4,560,000 7,831,075 Liabilities Accounts Payable 6, ,017 Accounts Payable Other Due To General Fund Due To Debt Service Fund Accrued Interest Payable Revenue Bonds Payable--Series Revenue Bonds Payable--Series ,560,000 4,560,000 Other Total Liabilities 6, ,560,000 4,566,027 Fund Equity & Other Credits Fund Balance-All Other Reserves 0 479, , ,076 Fund Balance-Unreserved 532, ,158 Investment In General Fixed Assets ,979, ,979,728 Other (29,156) 5,251 (188,010) 0 0 (211,915) Total Fund Equity & Other Credits 503, , ,700 1,979, ,265,047 Total Liabilities & Fund Equity 509, , ,700 1,979,728 4,560,000 7,831,075

3 Statement of Revenues and General Fund From 10/1/2016 Through 9/30/2017 Total Budget - Original Current Year Actual Budget to Actual Variance Budget Percent Remaining Revenues Special Assessments - Service Charges Tax Roll 335, ,219 1,125 0 % Interest Earnings Interest Earnings (116) (100)% Other Miscellaneous Revenues Transfers 40,000 0 (40,000) (100)% Total Revenues 375, ,219 (38,991) (10)% Legislative Supervisor Fees 12,000 15,600 (3,600) (30)% Financial & Administrative District Management 40,000 40, % District Engineer 8,500 9,028 (528) (6)% Disclosure Report 3, , % Trustees Fees 4,500 4, % Tax Collector Fees % Accounting Services 0 2,450 (2,450) 0 % Auditing Services 5, , % Arbitrage Rebate Calculation % Rentals & Leases % Postage, Phone, Faxes, Copies % Legal Advertising 750 1,127 (377) (50)% Bank Fees % Dues, Licenses & Fees % Office Supplies % Website Development & Maintenance 1, , % Legal Counsel District Counsel 8,000 16,002 (8,002) (100)% Insurance Public Officials Liability Insurance 4,500 5,360 (860) (19)% General Liability Insurance 2,600 1,321 1, % Property Casualty Insurance 1,400 2,538 (1,138) (81)% Electric Utility Services Utility Services 7,381 10,343 (2,962) (40)% Street Lights 41,000 41,573 (573) (1)% Water-Sewer Combination Services Utility Services 1, % Stormwater Control Aquatic Contract 15,540 15, % Mitigation Area Monitoring & Maintenance 5, , % Lake/Pond Bank Maintenance 4, , % Aquatic Plant Replacement 6,000 2,150 3, %

4 Statement of Revenues and General Fund From 10/1/2016 Through 9/30/2017 Total Budget - Original Current Year Actual Budget to Actual Variance Budget Percent Remaining Capital Improvements 15,000 6,770 8, % Other Physical Environment Entry & Walls Maintenance 10,000 11,030 (1,030) (10)% Landscape Maintenance 45,824 85,152 (39,328) (86)% Miscellaneous Maintenance 20,000 7,788 12, % Landscape Maintenance - Other 0 5,890 (5,890) 0 % Landscape Inspection Contract 3, , % Holiday Lights 3,000 5,000 (2,000) (67)% Landscape Replacement Plants, Shrubs, Trees 30,000 1,287 28, % Irrigation Repairs and Maintenance 5,000 2,995 2, % Capital Improvements 58,700 60,771 (2,071) (4)% Road & Street Facilities Pavement & Signage Repairs 0 3,000 (3,000) 0 % Parks & Recreation Off Duty Deputy Services (720) 0 % Miscellaneous Fees 0 5,520 (5,520) 0 % Contingency Miscellaneous Fees 8, , % Total 375, ,375 9,835 3 % Excess Revenues Over (Under) 0 (29,156) (29,156) 0 %

5 Statement of Revenues and Debt Service Fund - Series 2014 From 10/1/2016 Through 9/30/2017 Total Budget - Original Current Year Actual Budget to Actual Variance Budget Percent Remaining Revenues Special Assessments - Capital Improvements Tax Roll 366, ,987 20,824 6 % Interest Earnings Interest Earnings 0 1,420 1,420 0 % Total Revenues 366, ,407 22,244 6 % Debt Service Interest 171, ,113 (1,951) (1)% Principal 195, , % Total 366, ,113 (1,951) (1)% Other Interfund Transfer Interfund Transfer 0 15,044 (15,044) 0 % Total Other 0 15,044 (15,044) 0 % Excess Revenues Over (Under) 1 5,251 5, ,961 %

6 Statement of Revenues and Capital Projects Fund - Series 2014 From 10/1/2016 Through 9/30/2017 Total Budget - Original Current Year Actual Budget to Actual Variance Budget Percent Remaining Revenues Interest Earnings Interest Earnings 0 1,150 1,150 0 % Total Revenues 0 1,150 1,150 0 % Developer Fees Devloper fees from Trust Acnt 0 14,579 (14,579) 0 % Other Physical Environment Improvements Other Than Buildings 0 189,624 (189,624) 0 % Total 0 204,203 (204,203) 0 % Other Revenues Interfund Transfer Interfund Transfer 0 15,044 15,044 0 % Total Other Revenues 0 15,044 15,044 0 % Excess Revenues Over (Under) 0 (188,010) (188,010) 0 %

7 Reconcile Cash Accounts Summary Cash Account: Cash-Operating Account Reconciliation ID: 09/30/17 Reconciliation Date: 9/30/2017 Status: Locked Bank Balance 514, Less Outstanding Checks/Vouchers 10, Plus Deposits in Transit 0.00 Plus or Minus Other Cash Items 0.00 Plus or Minus Suspense Items 0.00 Reconciled Bank Balance 504, Balance Per Books 504, Unreconciled Difference 0.00 Click the Next Page toolbar button to view details.

8 Reconcile Cash Accounts Detail Cash Account: Cash-Operating Account Reconciliation ID: 09/30/17 Reconciliation Date: 9/30/2017 Status: Locked Outstanding Checks/Vouchers Document Number Document Date Document Description Document Amount Payee /15/2017 System Generated /15/2017 System Generated /21/2017 System Generated /21/2017 System Generated /21/2017 System Generated /21/2017 System Generated /21/2017 System Generated /21/2017 System Generated /21/2017 System Generated /28/2017 System Generated /28/2017 System Generated /28/2017 System Generated Darren Petrovich - DCSS Enterprises, Inc Edmund Emmanual Latif III 1, Aquatic Systems, Inc Duke Energy Nichols Landscape & Architecture Inc Pasco County Utilities Services 7.83 Pasco County Utilities Services 7.83 Pasco County Utilities Services Spearem Enterprises LLC Johnson Engineering, Inc. 4, Meritus Districts 2, Straley & Robin, P.A. Outstanding Checks/Vouchers 10,950.35

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