Hammock Bay Community Development District

Transcription

1 Hammock Bay Community Development District Financial Statements (Unaudited) Period Ending September 30, 2016 Meritus Districts 2005 Pan Am Circle ~ Suite 120 ~ Tampa, Florida Phone (813) ~ Fax (813)

2 Balance Sheet As of 9/30/2016 (In Whole Numbers) Service Fund Series General Fund 2004 Service Fund Series 2016 General Fixed Assets Account Group General Long-Term Account Group Assets Cash-Operating Account 2 63, Accounts Receivable - Other Due From General Fund 0 2,852 1, Due From Service Fund Interest Receivable Investments--Interest Account--Series 2004A Investments--Prepayment Account-Series2004A Investments--Reserve Account--Series 2004A Investments--Revenue Account-Series 2004A Investments--Sinking Fund--Series 2004A Investments--Escrow--Series 2004A Investments--Revenue--Series , Investments--Interest--Series 2016 Investments--Prepayment--Series , Investments--Reserve--Series , Investments--Cost of Issuance 2016 Prepaid Items Prepaid Prof Liab Insurance Prepaid GL Insurance Prepaid Trustee Fees Improvements Other Than Buildings ,553,296 0 Ancillary Cost Amount Available- Service ,398

3 Balance Sheet As of 9/30/2016 (In Whole Numbers) Service Fund Series General Fund 2004 Service Fund Series 2016 General Fixed Assets Account Group General Long-Term Account Group Amount To Be Provided- Service ,965,602 Total Assets 63,278 2, ,546 14,553,296 3,170,000 Liabilities Accounts Payable 2, Accounts Payable Other Unallocated Funds Due To General Fund Due To Service Fund 3, Accrued Interest Payable Accrued Expenses Payable Other Current Liabilities Revenue Bonds Payable --- Series 2004 A Revenue Bonds Payable --- Series ,170,000 Total Liabilities 6, ,170,000 Fund Equity & Other Credits Fund Balance-All Other Reserves 0 580, Fund Balance-Unreserved 77, Investment In General Fixed Assets ,553,296 0 Other (19,998) (577,971) 201, Total Fund Equity & Other Credits 57,064 2, ,546 14,553,296 0 Total Liabilities & Fund Equity 63,278 2, ,546 14,553,296 3,170,000

4 Statement of Revenues and General Fund From 10/1/2015 Through 9/30/2016 Annual Budget Current Period Actual Budget To Actual Variance Budget Percent Remaining Revenues Special Assessments - Service Charges 1002 Operations & Maintenance Assmts-Tax Roll 1010 Operations & Maintenance Assmts - Off-Roll 46, , , % (101.03) % Other 0004 Interfund Transfer 24, , % Total Revenues 71, , , % Legislative 1101 Supervisor Fees 1,20 2,20 (1,00) (83.33)% Financial & Administrative 3101 District Manager 11, (11,513.32) % 3103 District Engineer 1,00 1,00 10% 3104 Disclosure Report 50 1,50 (1,00) (20)% 3105 Trustees Fees 6,00 6, (793.16) (13.21)% 3112 Management & Accounting Services 34,54 23, , % 3202 Auditing Services 6,50 6,50 % 3203 Arbitrage Rebate Calculation % 3205 Financial Services % 4101 Postage, Phone, Faxes, Copies % 4501 Professional Liability Insurance 1,80 3, (1,876.00) (104.22)% 4801 Legal Advertising 75 1, (1,215.95) (162.12)% 4901 Bank Fees (265.03) (53.00)% 4902 Dues, Licenses & Fees % 5103 Website Administration (480.42) % Legal Counsel 3107 District Counsel 3,80 2, % Other Physical Environment 4502 General Liability Insurance 75 1, (439.00) (58.53)% 4505 HOA Maintenance Agreement % Total 59, , (4,649.32) (7.88)% Other Financing Sources 0004 Interfund Transfer (854.31) % 9101 Transfers (12,107.00) (12,107.00) 10% Total Other Financing Sources (12,107.00) (854.31) (11,252.69) 92.94% Excess Revenues Over (Under) (19,998.14) 19, %

5 Statement of Revenues and Service Fund Series 2004 From 10/1/2015 Through 9/30/2016 Annual Budget Current Period Actual Budget To Actual Variance Budget Percent Remaining Revenues Special Assessments - Capital Improvements 1001 Service Assmts-Tax Roll 301,56 306, (4,677.01) (1.55)% 1003 Service Prepayments 8, (8,630.37) % Interest Earnings 0001 Interest Earnings (12.39) % Other 0004 Interfund Transfer (854.31) % Total Revenues 301,56 315, (14,174.08) (4.70)% Service Payments 0003 Miscellaneous 34,70 (34,70) % 7001 Interest Payments 211,56 174, , % 7002 Principal Payments 90,00 3,490,00 (3,400,00) (3,777.77)% Total 301,56 3,699, (3,398,127.21) (1,126.85)% Other Financing Sources 0004 Interfund Transfer (194,696.04) 194, % 0005 Bond Proceeds 3,000, (3,000,677.76) % Total Other Financing Sources 2,805, (2,805,981.72) % Excess Revenues Over (Under) (577,971.41) 577, %

6 Statement of Revenues and Service Fund Series 2016 From 10/1/2015 Through 9/30/2016 Annual Budget Current Period Actual Budget To Actual Variance Budget Percent Remaining Revenues Special Assessments - Capital Improvements 1001 Service Assmts-Tax Roll 80, (80,794.11) % 1003 Service Prepayments 8, (8,955.25) % 1009 Service Assmts - Off-Roll 1, (1,050.36) % Interest Earnings 0001 Interest Earnings 4.45 (4.45) % Other 0004 Interfund Transfer 118, (118,099.33) % Total Revenues 208, (208,903.50) % Service Payments 7001 Interest Payments 27, (27,357.92) % 7002 Principal Payments 5,00 (5,00) % Total 32, (32,357.92) % Other Financing Sources 0005 Bond Proceeds 25,00 (25,00) % Excess Revenues Over (Under) 201, (201,545.58) %

7 Statement of Revenues and Capital Projects Fund Series 2016 From 10/1/2015 Through 9/30/2016 Annual Budget Current Period Actual Budget To Actual Variance Budget Percent Remaining Revenues Interest Earnings 0001 Interest Earnings 0.16 (0.16) % Total Revenues 0.16 (0.16) % Financial & Administrative 3101 District Manager 17,50 (17,50) % 3105 Trustees Fees 10,00 (10,00) % 3109 Bond Counsel 38,50 (38,50) % 3204 Financial Advisory Services 49, (49,125.00) % Legal Counsel 3107 District Counsel 30,00 (30,00) % Total 145, (145,125.00) % Other Financing Sources 0004 Interfund Transfer (4,197.40) 4, % 0005 Bond Proceeds 149, (149,322.24) % Total Other Financing Sources 145, (145,124.84) % Excess Revenues Over (Under) %

8 Reconcile Cash Accounts Summary Cash Account: Cash-Operating Account 2 Reconciliation ID: 09/30/16 Reconciliation Date: 9/30/2016 Status: Locked Bank Balance 63, Less Outstanding Checks/Vouchers Plus Deposits in Transit Plus or Minus Other Cash Items Plus or Minus Suspense Items Reconciled Bank Balance 63, Balance Per Books Unreconciled Difference Click the Next Page toolbar button to view details. Date: 11/3/16 02:36:11 PM Page: 1

9 Commercial Checking Acct Public Funds Account number: Image count: 9 September 1, September 30, 2016 Page 1 of 1 Questions? HAMMOCK BAY COMMUNITY DEVELOPMENT 5680 W CYPRESS ST STE A TAM PA FL Call your Customer Service Officer or Client Services AT WELLS ( ) 5:00AM TO 6:00 PM Pacific Time Monday- Friday Online: wellsfargo.com Write: Wells Fargo Bank, N.A. (182) PO Box San Francisco, CA Account summary Commercial Checking Acct Public Funds Account numh<>r Beginning balance $68, Total credits $ Total debits -$5, Ending balance $63, Debits Electronic debits/bank debits Effective date Posted date Amount Transaction detail 09/ Client Analysis Srvc Chrg Svc Chge Cv, v ~ $60.21 Total electronic debits/bank debits Checks paid Number Amount Date Number Amount Date Number / / ' 2, / / / $5, Total checks paid Amount Date 20 09/ / /29 Gap in check sequence. $5, Total debits Daily ledger balance summary Date Balance Date Balance Date 08/31 68, /14 64, /21 09/02 65, /15 64, /28 09/07 65, /16 64, /29 09/12 65, /20 64, Average daily ledger balance $64, Balance 64, , , Welts Fargo Bank, N.A. All rights reserved. Member FDIC. Sheet Seq =