Forest Lake
Community Development District

Adopted Budget
FY2023

Table of Contents

1-2	General Fund	

3-7	

General Fund Narrative	

8	

Series 2020 Debt Service Fund	

9-10	

Series 2020 Amortization Schedule	

11	

Series 2022 Debt Service Fund	

12-13	

Series 2022 Amortization Schedule	

14	

Capital Reserve Fund	

Adopted Budget	Actuals Thru	Projected Next	Total Thru	Adopted Budget		
Description	FY2022	6/30/22	3 Months	9/30/22	FY2023		

Revenues						

Assessments - Tax Roll	
$	270,152	
$	270,624	
$	-	
$	270,624	
$	351,781	
Assessments - Direct Bill	$	58,278	$	-	$	58,278	$	58,278	$	60,641	
Total Revenues	$	328,430	$	270,624	$	58,278	$	328,902	$	412,422	

Expenditures						

Administrative
Supervisor Fees	

$	12,000	

$	6,200	

$	3,000	

$	9,200	

$	12,000	
Engineering	$	15,000	$	-	$	3,750	$	3,750	$	15,000	
Attorney	$	30,000	$	13,198	$	7,500	$	20,698	$	30,000	
Annual Audit	$	4,500	$	4,400	$	-	$	4,400	$	5,500	
Assessment Administration	$	5,000	$	5,000	$	-	$	5,000	$	5,000	
Arbitrage	$	900	$	450	$	450	$	900	$	900	
Dissemination	$	6,000	$	5,000	$	1,500	$	6,500	$	6,000	
Trustee Fees	$	7,100	$	4,041	$	3,059	$	7,100	$	8,081	
Management Fees	$	36,050	$	27,038	$	9,013	$	36,050	$	37,853	
Information Technology	$	1,800	$	1,350	$	450	$	1,800	$	1,800	
Website Maintenance	$	1,200	$	900	$	300	$	1,200	$	1,200	
Telephone	$	300	$	-	$	75	$	75	$	-	
Postage & Delivery	$	1,000	$	134	$	250	$	384	$	1,000	
Insurance	$	5,500	$	5,175	$	-	$	5,175	$	6,210	
Copies	$	1,000	$	26	$	250	$	276	$	500	
Legal Advertising	$	10,000	$	2,290	$	7,500	$	9,790	$	10,000	
Other Current Charges	$	5,000	$	409	$	1,250	$	1,659	$	6,460	
Office Supplies	$	625	$	32	$	156	$	189	$	625	
Travel Per Diem	$	660	$	-	$	165	$	165	$	-	
Dues, Licenses & Subscriptions	$	175	$	175	$	-	$	175	$	175	
Total Administrative	$	143,810	$	75,818	$	38,668	$	114,486	$	148,304	

Adopted Budget	Actuals Thru	Projected Next	Total Thru	Adopted Budget		
Description	FY2022	6/30/22	3 Months	9/30/22	FY2023		

Operations & Maintenance						
Field Expenditures						
Property Insurance	$	5,000	$	4,686	$	-	$	4,686	$	5,000	
Field Management	$	15,000	$	8,125	$	3,750	$	11,875	$	15,750	
Landscape Maintenance	$	40,000	$	32,531	$	14,021	$	46,551	$	74,000	
Landscape Replacement	$	2,500	$	-	$	625	$	625	$	12,000	
Streetlights	$	15,000	$	11,618	$	3,873	$	15,491	$	16,764	
Electric	$	5,000	$	3,388	$	1,128	$	4,516	$	6,600	
Water & Sewer	$	3,000	$	-	$	750	$	750	$	3,000	
Sidewalk & Asphalt Maintenance	$	500	$	-	$	125	$	125	$	2,500	
Irrigation Repairs	$	2,500	$	183	$	625	$	808	$	7,500	
General Repairs & Maintenance	$	5,000	$	1,547	$	1,250	$	2,797	$	12,000	
Contingency	$	2,500	$	74	$	625	$	699	$	7,500	
Subtotal Field Expenses	$	96,000	$	62,151	$	26,772	$	88,923	$	162,614	

Amenity Expenses						
Amenity - Electric	$	14,400	$	5,152	$	2,850	$	8,002	$	12,540	
Amenity - Water	$	3,500	$	1,838	$	900	$	2,738	$	3,696	
Playground Lease	$	14,000	$	4,781	$	7,172	$	11,954	$	28,688	
Internet	$	3,000	$	372	$	279	$	651	$	1,500	
Pest Control	$	720	$	-	$	180	$	180	$	480	
Janitorial Services	$	8,500	$	1,414	$	3,300	$	4,714	$	6,600	
Security Services	$	10,000	$	5,589	$	2,500	$	8,089	$	2,500	
Pool Maintenance	$	18,000	$	6,750	$	4,050	$	10,800	$	18,000	
Amenity Access Management	$	5,000	$	1,667	$	1,250	$	2,917	$	5,000	
Amenity Repairs & Maintenance	$	1,000	$	359	$	250	$	609	$	10,000	
Contingency	$	7,500	$	1,924	$	1,875	$	3,799	$	7,500	
Subtotal Amenity Expenses	$	85,620	$	29,846	$	24,606	$	54,452	$	96,504	
						
Total Operations & Maintenance	$	181,620	$	91,997	$	51,378	$	143,375	$	259,118	

Other Expenditures						
Capital Reserves - Transfer	$	3,000	$	-	$	3,000	$	3,000	$	5,000	
Total Other Expenditures	$	3,000	$	-	$	3,000	$	3,000	$	5,000	
						
Total Expenditures	$	328,430	$	167,815	$	93,046	$	260,861	$	412,422	
						
Excess Revenues/(Expenditures)	$	0	$	102,809	$	(34,768)	$	68,041	$	-	
						
Product	ERU's	Assessable Units	ERU/Unit	Net Assessment	Net Per Unit	Gross Per Unit	
Platted	388.00	388	1	$351,781.30	$906.65	$974.90	
Unplatted	66.88	186	0.36	$60,640.63	$326.02	$350.56	
454.88	574		$412,421.93			

Revenues:

Assessments

The District will levy a non-ad valorem assessment on all the assessable property within the District in order to pay for operating expenditures during the fiscal year.

Expenditures:

General & Administrative:

Supervisor Fees

Chapter 190, Florida Statutes, allows for each Board member to receive $200 per meeting, not to exceed
$4,800 per year paid to each Supervisor for the time devoted to District business and meetings.

Engineering

The District's engineer, Wood & Associates Engineering, LLC, provides general engineering services to the District, e.g. attendance and preparation for monthly board meetings, review invoices and various projects as directed by the Board of Supervisors and the District Manager.

Attorney

The District's legal counsel, KE Law Group, provides general legal services to the District, e.g. attendance and preparation for meetings, preparation and review of agreements, resolutions, etc. as directed by the Board of Supervisors and the District Manager.

Annual Audit

The District is required by Florida Statutes to arrange for an independent audit of its financial records on an annual basis. The District is currently contracted with Grau & Associates for these services.

Assessment Administration

The District has contracted with Governmental Management Services-Central Florida, LLC, to levy and administer the collection of non-ad valorem assessment on all assessable property within the District.

Arbitrage

The District will contract with an independent certified public accountant to annually calculate the District’s Arbitrage Rebate Liability on its Series 2020 bonds and another anticipated bond issuance.

Dissemination

The District is required by the Security and Exchange Commission to comply with Rule 15c2-12(b)(5) which relates to additional reporting requirements for unrated bond issues. This cost is based upon the Series 2020 bonds and another anticipated bond issuance.

Trustee Fees

The District will incur trustee related costs with the issuance of its’ issued bonds.

Management Fees

The District receives Management, Accounting and Administrative services as part of a Management Agreement with Governmental Management Services-Central Florida, LLC. The services include but are not limited to, recording and transcription of board meetings, administrative services, budget preparation, all financial reports, annual audits, etc.

Information Technology

Represents costs related to the District’s information systems, which include but are not limited to video conferencing services, cloud storage services and servers, security, accounting software, etc. Governmental Management Services-Central Florida, LLC, provides these services.

Website Maintenance

Represents the costs associated with monitoring and maintaining the District’s website created in accordance with Chapter 189, Florida Statutes. These services include site performance assessments, security and firewall maintenance, updates, document uploads, hosting and domain renewals, website backups, etc. Governmental Management Services-Central Florida, LLC, provides these services.

Postage & Delivery

The District incurs charges for mailing of Board meeting agenda packages, overnight deliveries, correspondence, etc.

Insurance

The District’s general liability and public official’s liability insurance coverage is provided by the Florida Insurance Alliance (FIA). FIA specializes in providing insurance coverage to governmental agencies.

Copies

Printing agenda packages for board meetings, printing of computerized checks, stationary, envelopes, etc.

Legal Advertising

The District is required to advertise various notices for monthly Board meetings, public hearings, etc. in a newspaper of general circulation.

Other Current Charges

Bank charges and any other miscellaneous expenses incurred during the year.

Office Supplies

Any supplies that may need to be purchased during the fiscal year, e.g., paper, minute books, file folders, labels, paper clips, etc.

Dues, Licenses & Subscriptions

The District is required to pay an annual fee to the Florida Department of Economic Opportunity for
$175. This is the only expense under this category for the District.

Operations & Maintenance:

Field Expenditures

Property Insurance

The District’s property insurance coverages.

Field Management

Governmental Management Services-Central Florida, LLC, provides onsite field management of contracts for the District such as landscape maintenance. Services can include onsite inspections, meetings with contractors, monitoring of utility accounts, attend Board meetings and receive and respond to property owner phone calls and emails.

Landscape Maintenance

Represents the estimated maintenance of the landscaping within the common areas of the District after the installation of landscape material has been completed. The District has contracted with Prince & Sons, Inc. to provide these services.

Landscape Replacement

Represents the estimated cost of replacing landscaping within the common areas of the District.

Streetlights

Represents the cost to maintain streetlights within the District Boundaries that are expected to be in place throughout the fiscal year.

Electric

Represents current and estimated electric charges of common areas throughout the District.

Water & Sewer

Represents current and estimated costs for water and refuse services provided for common areas throughout the District.

Sidewalk & Asphalt Maintenance

Represents the estimated costs of maintaining the sidewalks and asphalt throughout the District’s Boundary.

Irrigation Repairs

Represents the cost of maintaining and repairing the irrigation system. This includes the sprinklers, and irrigation wells.

General Repairs & Maintenance

Represents estimated costs for general repairs and maintenance of the District’s common areas.

Contingency

Represents funds allocated to expenses that the District could incur throughout the fiscal year that do not fit into any field category.

Amenity Expenditures

Amenity - Electric

Represents estimated electric charges for the District’s amenity facilities.

Amenity – Water

Represents estimated water charges for the District’s amenity facilities.

Playground Lease

The District will enter into a leasing agreement for playgrounds installed in the community.

Internet

Internet service will be added for use at the Amenity Center.

Pest Control

The District will incur costs for pest control treatments to its amenity facilities.

Janitorial Services

Represents estimated costs to provide janitorial services and supplies for the District’s amenity facilities.

Security Services

Represents the estimated cost of contracting a monthly security service for the District’s amenity facilities, as well as maintaining security systems.

Pool Maintenance

Represents the costs of regular cleaning and treatments of the District’s pool. The services are provided by Resort Pool Services.

Amenity Access Management

Represents the cost of managing access to the District’s amenity facilities. Governmental Management Services-Central Florida, LLC, provides these services.

Amenity Repairs & Maintenance

Represents estimated costs for repairs and maintenance of the District’s amenity facilities.

Contingency

Represents funds allocated to expenses that the District could incur throughout the fiscal year that do not fit into any amenity category.

Other Expenses:

Capital Reserves

Funds collected and reserved for the replacement of and/or purchase of new capital improvements throughout the District.

Adopted Budget
Series 2020 Debt Service Fund

Adopted Budget	Actuals Thru	Projected Next	Total Thru	Adopted Budget		
Description	FY2022	6/30/22	3 Months	9/30/22	FY2023		

Revenues						

Special Assessments	
$	505,199	
$	499,229	
$	5,970	
$	505,199	
$	505,199	
Interest	$	-	$	121	$	-	$	121	$	-	
Carry Forward Surplus	$	168,365	$	289,809	$	-	$	289,809	$	175,748	
Total Revenues	$	673,564	$	789,160	$	5,970	$	795,129	$	680,947	

Expenditures						

Interest Expense - 11/1	
$	168,338	
$	168,338	
$	-	
$	168,338	
$	163,978	
Special Call - 11/1	$	-	$	120,000	$	-	$	120,000	$	-	
Principal Expense - 5/1	$	170,000	$	165,000	$	-	$	165,000	$	170,000	
Interest Expense - 5/1	$	168,338	$	166,044	$	-	$	166,044	$	163,978	
Total Expenditures	$	506,675	$	619,381	$	-	$	619,381	$	497,956	
						
Excess Revenues/(Expenditures)	$	166,889	$	169,778	$	5,970	$	175,748	$	182,991	

Interest Expense 11/1/23	 $	161,747 
Total	$	161,747

Product	Assessable Units	Maximum Annual Debt Service	Net Assessment Per Unit	Gross Assessment Per Unit			
SF - Phase 1	203	$	273,995	$1,350	$1,451	
SF - Phase 2	185	$	231,204	$1,250	$1,344	
	388	$	505,199			
	Series	2020 Special Assessment Bonds Amortization Schedule				
Date		Balance	Prinicpal	Interest	Total		
						
11/01/22	$	8,565,000.00	$	-	$	163,978.13	$	495,121.88		
05/01/23	$	8,565,000.00	$	170,000.00	$	163,978.13	$	-		
11/01/23	$	8,395,000.00	$	-	$	161,746.88	$	495,725.00		
05/01/24	$	8,395,000.00	$	175,000.00	$	161,746.88	$	-		
11/01/24	$	8,220,000.00	$	-	$	159,450.00	$	496,196.88		
05/01/25	$	8,220,000.00	$	180,000.00	$	159,450.00	$	-		
11/01/25	$	8,040,000.00	$	-	$	157,087.50	$	496,537.50		
05/01/26	$	8,040,000.00	$	185,000.00	$	157,087.50	$	-		
11/01/26	$	7,855,000.00	$	-	$	154,081.25	$	496,168.75		
05/01/27	$	7,855,000.00	$	190,000.00	$	154,081.25	$	-		
11/01/27	$	7,665,000.00	$	-	$	150,993.75	$	495,075.00		
05/01/28	$	7,665,000.00	$	200,000.00	$	150,993.75	$	-		
11/01/28	$	7,465,000.00	$	-	$	147,743.75	$	498,737.50		
05/01/29	$	7,465,000.00	$	205,000.00	$	147,743.75	$	-		
11/01/29	$	7,260,000.00	$	-	$	144,412.50	$	497,156.25		
05/01/30	$	7,260,000.00	$	210,000.00	$	144,412.50	$	-		
11/01/30	$	7,050,000.00	$	-	$	141,000.00	$	495,412.50		
05/01/31	$	7,050,000.00	$	220,000.00	$	141,000.00	$	-		
11/01/31	$	6,830,000.00	$	-	$	136,600.00	$	497,600.00		
05/01/32	$	6,830,000.00	$	225,000.00	$	136,600.00	$	-		
11/01/32	$	6,605,000.00	$	-	$	132,100.00	$	493,700.00		
05/01/33	$	6,605,000.00	$	235,000.00	$	132,100.00	$	-		
11/01/33	$	6,370,000.00	$	-	$	127,400.00	$	494,500.00		
05/01/34	$	6,370,000.00	$	245,000.00	$	127,400.00	$	-		
11/01/34	$	6,125,000.00	$	-	$	122,500.00	$	494,900.00		
05/01/35	$	6,125,000.00	$	255,000.00	$	122,500.00	$	-		
11/01/35	$	5,870,000.00	$	-	$	117,400.00	$	494,900.00		
05/01/36	$	5,870,000.00	$	265,000.00	$	117,400.00	$	-		
11/01/36	$	5,605,000.00	$	-	$	112,100.00	$	494,500.00		
05/01/37	$	5,605,000.00	$	280,000.00	$	112,100.00	$	-		
11/01/37	$	5,325,000.00	$	-	$	106,500.00	$	498,600.00		
05/01/38	$	5,325,000.00	$	290,000.00	$	106,500.00	$	-		
11/01/38	$	5,035,000.00	$	-	$	100,700.00	$	497,200.00		
05/01/39	$	5,035,000.00	$	300,000.00	$	100,700.00	$	-		
11/01/39	$	4,735,000.00	$	-	$	94,700.00	$	495,400.00		
05/01/40	$	4,735,000.00	$	315,000.00	$	94,700.00	$	-		
11/01/40	$	4,420,000.00	$	-	$	88,400.00	$	498,100.00		
05/01/41	$	4,420,000.00	$	325,000.00	$	88,400.00	$	-		
11/01/41	$	4,095,000.00	$	-	$	81,900.00	$	495,300.00		
05/01/42	$	4,095,000.00	$	340,000.00	$	81,900.00	$	-		
11/01/42	$	3,755,000.00	$	-	$	75,100.00	$	497,000.00		
05/01/43	$	3,755,000.00	$	355,000.00	$	75,100.00	$	-		
11/01/43	$	3,400,000.00	$	-	$	68,000.00	$	498,100.00		
Series 2020 Special Assessment Bonds Amortization Schedule

05/01/44	$	3,400,000.00	$	370,000.00	$	68,000.00	$	-	
11/01/44	$	3,030,000.00	$	-	$	60,600.00	$	498,600.00	
05/01/45	$	3,030,000.00	$	385,000.00	$	60,600.00	$	-	
11/01/45	$	2,645,000.00	$	-	$	52,900.00	$	498,500.00	
05/01/46	$	2,645,000.00	$	400,000.00	$	52,900.00	$	-	
11/01/46	$	2,245,000.00	$	-	$	44,900.00	$	497,800.00	
05/01/47	$	2,245,000.00	$	415,000.00	$	44,900.00	$	-	
11/01/47	$	1,830,000.00	$	-	$	36,600.00	$	496,500.00	
05/01/48	$	1,830,000.00	$	430,000.00	$	36,600.00	$	-	
11/01/48	$	1,400,000.00	$	-	$	28,000.00	$	494,600.00	
05/01/49	$	1,400,000.00	$	450,000.00	$	28,000.00	$	-	
11/01/49	$	950,000.00	$	-	$	19,000.00	$	497,000.00	
05/01/50	$	950,000.00	$	465,000.00	$	19,000.00	$	-	
11/1/50	$	485,000.00	$	-	$	9,700.00	$	493,700.00	
5/1/51	$	485,000.00	$	485,000.00	$	9,700.00	$	494,700.00	
			$	8,565,000	$	5,991,188	$	14,887,331	
Adopted Budget
Series 2022 Debt Service Fund

Adopted Budget	Actuals Thru	Projected Next	Total Thru	Adopted Budget	
Description	FY2022	6/30/22	3 Months	9/30/22	FY2023	

Revenues

Special Assessments Interest
Carry Forward Surplus
$	-	$
$	-	$
$	-	$
-	$	-	$
19	$	-	$
-	$	-	$
-	$
19	$
-	$
319,706
- 109,737

Expenditures

Interest Expense - 11/1 Principal Expense - 5/1 Interest Expense - 5/1
$	-	$
$	-	$
$	-	$
-	$	-	$
-	$	-	$
-	$	-	$
-	$	109,717
-	$	65,000
-	$	124,247

Other Financing Sources/(Uses)

Bond Proceeds
$	-	$
429,424	$
-	$	429,424	$	-

Interest Expense 11/1/23	 $	124,247 
Total	$	124,247

Maximum Annual	Net Assessment Per	Gross Assessment
Product	Assessable Units	Debt Service	Unit	Per Unit						
Single Family	186	$	319,706	$1,719	$1,848	
	186	$	319,706			
	Series	2022 Special Assessment Bonds Amortization Schedule				
Date		Balance	Prinicpal	Interest	Total		
						
11/01/22	$	4,700,000.00	$	-	$	109,717.38	$	109,717.38		
05/01/23	$	4,700,000.00	$	65,000.00	$	125,790.63	$	-		
11/01/23	$	4,635,000.00	$	-	$	124,246.88	$	315,037.50		
05/01/24	$	4,635,000.00	$	70,000.00	$	124,246.88	$	-		
11/01/24	$	4,565,000.00	$	-	$	122,584.38	$	316,831.25		
05/01/25	$	4,565,000.00	$	75,000.00	$	122,584.38	$	-		
11/01/25	$	4,410,000.00	$	-	$	120,803.13	$	318,387.50		
05/01/26	$	4,330,000.00	$	80,000.00	$	120,803.13	$	-		
11/01/26	$	4,330,000.00	$	-	$	118,903.13	$	319,706.25		
05/01/27	$	4,330,000.00	$	80,000.00	$	118,903.13	$	-		
11/01/27	$	4,330,000.00	$	-	$	117,003.13	$	315,906.25		
05/01/28	$	4,330,000.00	$	85,000.00	$	117,003.13	$	-		
11/01/28	$	4,245,000.00	$	-	$	114,878.13	$	316,881.25		
05/01/29	$	4,245,000.00	$	90,000.00	$	114,878.13	$	-		
11/01/29	$	4,155,000.00	$	-	$	112,628.13	$	317,506.25		
05/01/30	$	4,155,000.00	$	95,000.00	$	112,628.13	$	-		
11/01/30	$	3,855,000.00	$	-	$	110,253.13	$	317,881.25		
05/01/31	$	3,855,000.00	$	100,000.00	$	110,253.13	$	-		
11/01/31	$	3,855,000.00	$	-	$	107,753.13	$	318,006.25		
05/01/32	$	3,855,000.00	$	105,000.00	$	107,753.13	$	-		
11/01/32	$	3,855,000.00	$	-	$	105,128.13	$	317,881.25		
05/01/33	$	3,855,000.00	$	110,000.00	$	105,128.13	$	-		
11/01/33	$	3,745,000.00	$	-	$	102,171.88	$	317,300.00		
05/01/34	$	3,745,000.00	$	115,000.00	$	102,171.88	$	-		
11/01/34	$	3,630,000.00	$	-	$	99,081.25	$	316,253.13		
05/01/35	$	3,630,000.00	$	120,000.00	$	99,081.25	$	-		
11/01/35	$	3,510,000.00	$	-	$	95,856.25	$	314,937.50		
05/01/36	$	3,510,000.00	$	130,000.00	$	95,856.25	$	-		
11/01/36	$	3,380,000.00	$	-	$	92,362.50	$	318,218.75		
05/01/37	$	3,380,000.00	$	135,000.00	$	92,362.50	$	-		
11/01/37	$	3,245,000.00	$	-	$	88,734.38	$	316,096.88		
05/01/38	$	3,245,000.00	$	145,000.00	$	88,734.38	$	-		
11/01/38	$	3,100,000.00	$	-	$	84,837.50	$	318,571.88		
05/01/39	$	3,100,000.00	$	150,000.00	$	84,837.50	$	-		
11/01/39	$	2,950,000.00	$	-	$	80,806.25	$	315,643.75		
05/01/40	$	2,620,000.00	$	160,000.00	$	80,806.25	$	-		
11/01/40	$	2,440,000.00	$	-	$	76,506.25	$	317,312.50		
05/01/41	$	2,440,000.00	$	170,000.00	$	76,506.25	$	-		
11/01/41	$	2,440,000.00	$	-	$	71,937.50	$	318,443.75		
05/01/42	$	2,440,000.00	$	180,000.00	$	71,937.50	$	-		
11/01/42	$	2,440,000.00	$	-	$	67,100.00	$	319,037.50		
05/01/43	$	2,440,000.00	$	190,000.00	$	67,100.00	$	-		
11/01/43	$	2,250,000.00	$	-	$	61,875.00	$	318,975.00		
Series 2022 Special Assessment Bonds Amortization Schedule

05/01/44	$	2,250,000.00	$	200,000.00	$	61,875.00	$	-	
11/01/44	$	2,050,000.00	$	-	$	56,375.00	$	318,250.00	
05/01/45	$	2,050,000.00	$	210,000.00	$	56,375.00	$	-	
11/01/45	$	1,840,000.00	$	-	$	50,600.00	$	316,975.00	
05/01/46	$	1,840,000.00	$	220,000.00	$	50,600.00	$	-	
11/01/46	$	1,620,000.00	$	-	$	44,550.00	$	315,150.00	
05/01/47	$	1,620,000.00	$	235,000.00	$	44,550.00	$	-	
11/01/47	$	1,385,000.00	$	-	$	38,087.50	$	317,637.50	
05/01/48	$	1,385,000.00	$	250,000.00	$	38,087.50	$	-	
11/01/48	$	1,135,000.00	$	-	$	31,212.50	$	319,300.00	
05/01/49	$	1,135,000.00	$	260,000.00	$	31,212.50	$	-	
11/01/49	$	875,000.00	$	-	$	24,062.50	$	315,275.00	
05/01/50	$	875,000.00	$	275,000.00	$	24,062.50	$	-	
11/1/50	$	600,000.00	$	-	$	16,500.00	$	315,562.50	
5/1/51	$	600,000.00	$	290,000.00	$	16,500.00	$	-	
11/1/51	$	310,000.00	$	-	$	8,525.00	$	315,025.00	
5/1/52	$	310,000.00	$	310,000.00	$	8,525.00	$	318,525.00	
			$	4,700,000	$	4,926,233	$	9,626,233	
Forest Lake
Community Development District
Adopted Budget Capital Reserve Fund

Revenues

Interest
Carry Forward Surplus
$	-	$
$	-	$
-	$	-	$
-	$	-	$
-	$	-
-	$	3,000

Expenditures

Capital Outlay
$	-	$
-	$	-	$	-	$	-

Other Financing Sources/(Uses)

Transfer In/(Out)	$	3,000	$	-	$	3,000	$	3,000	$	5,000	
Total Other Financing Sources/(Uses)	$	3,000	$	-	$	3,000	$	3,000	$	5,000	
					
Excess Revenues/(Expenditures)	$	3,000	$	-	$	3,000	$	3,000	$	8,000