Bella Collina
Community Development District
Adopted Budget
FY 2022

Bella Collina Community Development District

Table of Contents

1

2-4

5

6

7

8

9-12

13

 	General Fund

 	General Fund Narrative

 	Capital Reserve Fund (GF)

 	Series 2004 Debt Service

 	Series 2004 Amortization Schedule

 	Water & Sewer Fund

 	Water & Sewer Narrative

 	Capital Reserve Fund (WSF)

Bella Collina
Community Development District Adopted Budget
General Fund
Fiscal Year 2022

	FY2021
Annual	Actual
thru	Projected
Next 4	Total
Thru	FY2022
Annual	
Description	Budget	5/31/21	Months	9/30/21	Budget	

Revenues						
Special Assessments	$197,155	$191,841	$5,314	$197,155	$197,155	
Total Revenues	$197,155	$191,841	$5,314	$197,155	$197,155	

Expenditures						
Administrative						
Supervisor Fees	$6,000	$2,000	$2,000	$4,000	$6,000	
FICA Expense	$459	$122	$153	$275	$459	
Engineering Fees	$8,000	$375	$3,000	$3,375	$8,000	
Attorney Fees	$10,000	$6,046	$3,954	$10,000	$10,000	
Trustee Fees	$5,000	$3,500	$0	$3,500	$5,000	
Arbitrage	$600	$600	$0	$600	$600	
Collection Agent	$5,000	$5,000	$0	$5,000	$5,000	
Dissemination	$3,000	$2,000	$1,000	$3,000	$3,000	
Annual Audit	$1,875	$1,875	$0	$1,875	$1,963	
Management Fees	$45,602	$30,401	$15,201	$45,602	$45,602	
Information Technology	$2,200	$1,467	$733	$2,200	$1,800	
Wesbite Maintenance	$0	$0	$0	$0	$1,200	
Telephone	$100	$0	$25	$25	$100	
Postage	$1,500	$796	$504	$1,300	$1,500	
Printing & Binding	$1,000	$331	$169	$500	$1,000	
Insurance	$8,500	$8,052	$0	$8,052	$9,000	
Legal Advertising	$1,500	$725	$775	$1,500	$1,500	
Other Current Charges	$250	$0	$50	$50	$250	
Office Supplies	$400	$323	$77	$400	$400	
Tax Collector Fee	$3,800	$3,690	$110	$3,800	$3,800	
Dues, Licenses, Subscriptions	$175	$175	$0	$175	$175	
Administrative Expenses	$104,961	$67,479	$27,751	$95,229	$106,349	

Maintenance						
Field Management	$24,438	$16,292	$8,146	$24,438	$24,438	
Pond Maintenance	$26,006	$17,338	$8,669	$26,006	$26,786	
Stormwater Repairs & Maintenance	$10,000	$0	$0	$0	$10,000	
Contingency	$0	$0	$0	$0	$0	
Transfer Out - Capital Reserve	$31,750	$0	$31,750	$31,750	$29,582	
Maintenance Expenses	$92,194	$33,630	$48,565	$82,194	$90,806	
						
Total Expenses	$197,155	$101,108	$76,315	$177,424	$197,155	
						
Excess Revenues (Expenditures)	$0	$90,733	($71,001)	$19,731	$0	
				
Net Assessments	
$197,155	
Add: Discounts (4%) 		$8,215 Gross Assessments 	$205,370 

Product Type	
EAU	
Units	Total
EAU	% of
EAU	Total
Assessments	Per Unit Gross
Assessments	
Commercial	1.00	96	96.00	5.25%	$10,779	$112	
Single-Family	2.00	829	1658.00	90.65%	$186,169	$225	
Condo's	0.75	100	75.00	4.10%	$8,421	$84	
Water & Sewer Standby Fees	----	725	----	----	$141,375	$195	
			1829.00	100.00%	$346,745		

Bella Collina
Community Development District
General Fund Budget Fiscal Year 2022

REVENUES:

Special Assessments
The District will levy a non-ad valorem special assessment on all taxable property within the District to fund all general operating and maintenance expenditures for the Fiscal Year.

EXPENDITURES:

Administrative:

Supervisor Fees
The Florida Statutes allows each supervisor to be paid $200 per meeting not to exceed $4,800, for the time devoted to District business and board meetings. Amount is based on 5 supervisors attending 6 Board meetings.

FICA Expense
Represents the Employer's share of Social Security and Medicare taxes withheld from Board of Supervisors checks.

Engineering Fees
The District’s engineer, Boyd Civil Engineering, Inc., will be providing general engineering services to the District, e.g., attendance and preparation for monthly board meetings, reviewing invoices, etc.

Attorney Fees
The District’s legal counsel will be providing general legal services to the District, e.g., attendance and preparation for monthly meetings, reviewing operating and maintenance contracts, etc. The District has contracted Latham, Shuker, Eden & Beaudine, LLP.

Trustee Fees
The District issued Series 2004 Special Assessment Revenue Bonds, which are held with a Trustee at Regions Bank. The amount of the trustee fees is based on the agreement between Regions Bank and the District.

Arbitrage
The District had contracted with an independent certified public accountant, to annually calculate the District’s Arbitrage Rebate Liability on the Series 2004 Special Assessment Bonds. The District hired Grau & Associates to calculate the rebate liability and submit a report to the District.

Collection Agent
These are expenses related to administering the Annual Assessments on the tax roll with the Lake County Tax Collector.

Dissemination
The District is required by the Securities and Exchange Commission to comply with Rule 15(c)(2)-12(b)(5), which relates to additional reporting requirements for un-rated bond issues. The District has contracted with Governmental Management Services-CF, LLC, the District’s bond underwriter, to provide this service.

Bella Collina
Community Development District
General Fund Budget Fiscal Year 2022

Annual Audit
The District is required annually to conduct an audit of its financial records by an Independent Certified Public Accounting Firm. The District has contracted Berger, Toombs, Elam, Gaines & Frank.

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 not limited to, recording and transcription of board meetings, administrative services, budget preparation, all financial reporting, annual audits, etc.

Information Technology
Represents costs related to the District’s information systems, which include but not limited to video conferencing services, cloud storage services and servers, security, accounting software, etc.

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.

Telephone
Telephone and fax machine.

Postage
Mailing of board meeting agenda packages, overnight deliveries, agreements, vendor checks and any other required correspondence.

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

Insurance
The District’s general liability and public officials’ liability insurance coverage is provided by Florida Insurance Alliance.

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 that are incurred during the fiscal year.

Office Supplies
The District incurs charges for supplies that need to be purchased during the fiscal year, including copier and printer toner cartridges, paper, file folders, binders for District records and other such office supplies.

Tax Collector Fee
The District has contracted with the Lake County Tax Collector to collect the Special Assessments.

Bella Collina
Community Development District
General Fund Budget Fiscal Year 2022

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

MAINTENANCE:

Field Management
The District currently has a contract with Governmental Management Services – Central Florida, LLC. to provide field management services. Services include site inspections of the dry ponds, meeting with contractors as needed, attend Board meetings, and receive and respond to property owner phone calls and or emails.

Pond Maintenance
Contracted yearly cost to maintain the District’ s dry ponds.

Description	Monthly	Annually	
The Club at Bella Collina	$2,167
Contingency
TOTAL	$26,006
$780	
	$26,786	

Stormwater Repairs & Maintenance
Represents estimated costs for storm structure maintenance, dry pond erosion repairs & pipe repairs and maintenance.

Transfer Out – Capital Reserve
Funds transferred out to the General Fund’s Capital Reserve for any capital outlay expenses.

Bella Collina
Community Development District Adopted Budget
Capital Reserve - General Fund
Fiscal Year 2022

	FY2021
Annual	Actual
thru	Projected
Next 4	Total
Thru	FY2022
Annual	
Description	Budget	5/31/21	Months	9/30/21	Budget	

Revenues						
Transfer In	$31,750	$0	$31,750	$31,750	$29,582	
Interest	$5,000	$455	$145	$600	$500	
Carry Forward Surplus	$412,836	$394,524	$0	$394,524	$426,874	
Total Revenues	$449,586	$394,979	$31,895	$426,874	$456,956	

Expenditures						
Capital Outlay	$0	$0	$0	$0	$0	
Total Expenses	$0	$0	$0	$0	$0	
						
Excess Revenues (Expenditures)	$449,586	$394,979	$31,895	$426,874	$456,956	

Bella Collina
Community Development District Adopted Budget
Debt Service Series 2004 Special Assessments
Fiscal Year 2022

	FY2021
Annual	Actual
thru	Projected
Next 4	Total
Thru	FY2022
Annual	
Description	Budget	5/31/21	Months	9/30/21	Budget	

Revenues						
Special Assessments	$1,466,942	$1,431,342	$35,600	$1,466,942	$1,466,942	
Interest	$5,000	$142	$28	$170	$100	
Carry Forward Surplus 1	$685,281	$780,603	$0	$780,603	$808,591	
Total Revenue	$2,157,223	$2,212,088	$35,628	$2,247,716	$2,275,632	

Expenditures						
Interest Expense 11/01	$401,063	$401,063	$0	$401,063	$383,669	
Principal Expense 05/01	$605,000	$605,000	$0	$605,000	$640,000	
Interest Expense 05/01	$401,063	$401,063	$0	$401,063	$383,669	
Other Debt Service Cost	$32,000	$27,710	$4,290	$32,000	$32,000	
Total Expenses	$1,439,125	$1,434,835	$4,290	$1,439,125	$1,439,338	
						
Excess Revenues (Expenditures)	$718,098	$777,253	$31,337	$808,591	$836,295	
				
Nov 1, 2022	
$365,269	
				Net Assessments	$1,466,942	
1. Carry forward surplus is net of Reserves.	Add: Discounts (4%) 		$61,123 Gross Assessments 	$1,528,064 

Product Type	
EAU	
Units	Total
EAU	% of
EAU	Total
Assessments	Per Unit Gross
Assessments	
Commercial	1.00	96	96.00	5.47%	$83,634	$871	
Single-Family	2.00	829	1658.00	94.53%	$1,444,430	$1,742	
		925	1754.00	100.00%	$1,528,064		

Bella Collina Community Development District
Series 2004 Special Assessment Bonds Debt Service Schedule
AMORTIZATION SCHEDULE

DATE	BALANCE	RATE	PRINCIPAL	INTEREST	TOTAL

11/01/21	$13,345,000.00	5.750%	$0.00	$383,668.75	$383,668.75	
05/01/22	$13,345,000.00	5.750%	$640,000.00	$383,668.75		
11/01/22	$12,705,000.00	5.750%	$0.00	$365,268.75	$1,388,937.50	
05/01/23	$12,705,000.00	5.750%	$675,000.00	$365,268.75		
11/01/23	$12,030,000.00	5.750%	$0.00	$345,862.50	$1,386,131.25	
05/01/24	$12,030,000.00	5.750%	$715,000.00	$345,862.50		
11/01/24	$11,315,000.00	5.750%	$0.00	$325,306.25	$1,386,168.75	
05/01/25	$11,315,000.00	5.750%	$760,000.00	$325,306.25		
11/01/25	$10,555,000.00	5.750%	$0.00	$303,456.25	$1,388,762.50	
05/01/26	$10,555,000.00	5.750%	$805,000.00	$303,456.25		
11/01/26	$9,750,000.00	5.750%	$0.00	$280,312.50	$1,388,768.75	
05/01/27	$9,750,000.00	5.750%	$850,000.00	$280,312.50		
11/01/27	$8,900,000.00	5.750%	$0.00	$255,875.00	$1,386,187.50	
05/01/28	$8,900,000.00	5.750%	$900,000.00	$255,875.00		
11/01/28	$8,000,000.00	5.750%	$0.00	$230,000.00	$1,385,875.00	
05/01/29	$8,000,000.00	5.750%	$955,000.00	$230,000.00		
11/01/29	$7,045,000.00	5.750%	$0.00	$202,543.75	$1,387,543.75	
05/01/30	$7,045,000.00	5.750%	$1,010,000.00	$202,543.75		
11/01/30	$6,035,000.00	5.750%	$0.00	$173,506.25	$1,386,050.00	
05/01/31	$6,035,000.00	5.750%	$1,070,000.00	$173,506.25		
11/01/31	$4,965,000.00	5.750%	$0.00	$142,743.75	$1,386,250.00	
05/01/32	$4,965,000.00	5.750%	$1,135,000.00	$142,743.75		
11/01/32	$3,830,000.00	5.750%	$0.00	$110,112.50	$1,387,856.25	
05/01/33	$3,830,000.00	5.750%	$1,205,000.00	$110,112.50		
11/01/33	$2,625,000.00	5.750%	$0.00	$75,468.75	$1,390,581.25	
05/01/34	$2,625,000.00	5.750%	$1,275,000.00	$75,468.75		
11/01/34	$1,350,000.00	5.750%	$0.00	$38,812.50	$1,389,281.25	
05/01/35	$1,350,000.00	5.750%	$1,350,000.00	$38,812.50	$1,388,812.50	
			$13,345,000.00	$6,465,875.00	$19,810,875.00	

Bella Collina
Community Development District Adopted Budget
Water & Sewer
Fiscal Year 2022

	FY2021
Annual	Actual
thru	Projected
Next 4	Total
Thru	FY2022
Annual	
Description	Budget	5/31/21	Months	9/30/21	Budget	

Revenues						
Water Utility Revenue
Monthly Potable Water Consumption	

$105,000	

$56,571	

$35,390	

$91,961	

$95,000	
Monthly Wastewater Consumption	$90,000	$73,959	$41,212	$115,171	$120,000	
Monthly Irrigation Consumption	$245,000	$232,824	$125,000	$357,824	$360,000	
Special Assessments	$138,902	$131,899	$7,003	$138,902	$135,720	
Application Fees	$0	$1,200	$200	$1,400	$0	
Meter Fees	$0	$14,200	$5,900	$20,100	$0	
Grinder Pump Fees	$0	$43,569	$19,024	$62,593	$0	
Miscellaneous Revenue	$8,000	$9,267	$2,733	$12,000	$8,000	
Interest	$1,000	$9	$5	$14	$0	
Total Revenues	$587,902	$563,498	$236,467	$799,965	$718,720	

Expenditures						
Administrative						
Engineering Fees	$60,000	$78,900	$18,515	$97,415	$100,000	
Attorney Fees	$15,500	$0	$5,000	$5,000	$15,500	
Trustee Fees	$3,500	$0	$3,500	$3,500	$3,500	
Arbitrage	$600	$0	$600	$600	$600	
Dissemination	$3,000	$2,000	$1,000	$3,000	$3,000	
Annual Audit	$1,875	$1,875	$0	$1,875	$1,963	
Management Fees	$13,029	$8,686	$4,343	$13,029	$13,029	
Postage	$0	$493	$280	$773	$800	
Printing & Binding	$0	$16	$260	$276	$500	
Office Supplies	$0	$19	$26	$45	$250	
Tax Collector Fee	$2,996	$2,564	$432	$2,996	$2,996	
Other Current Charges	$600	$86	$39	$125	$300	
Dues, Licenses & Subscriptions	$5,300	$0	$5,300	$5,300	$5,300	
Total Administrative	$106,400	$94,639	$39,295	$133,934	$147,738	

Operations						
Field Management	$12,360	$8,240	$4,120	$12,360	$12,360	
Electricity	$43,000	$30,343	$15,280	$45,623	$48,000	
Telephone	$5,100	$3,236	$1,660	$4,896	$5,250	
Trash Removal	$2,500	$1,674	$893	$2,567	$3,000	
Insurance	$20,000	$19,904	$0	$19,904	$22,000	
Grinder Pump	$0	$68,925	$0	$68,925	$0	
Repairs & Maintenance	$120,000	$43,764	$35,305	$79,069	$100,000	
Water Plant Services (General Utilities)	$40,000	$17,447	$10,000	$27,447	$40,000	
Wastewater Plant Services (General Utilities)	$79,228	$46,022	$26,408	$72,430	$79,228	
Sludge Disposal	$6,000	$0	$2,500	$2,500	$6,000	
Contractual Services	$15,000	$10,000	$5,000	$15,000	$18,000	
Fuel Expense	$4,575	$0	$1,150	$1,150	$4,575	
Landscape Maintenance	$7,594	$5,062	$2,531	$7,594	$7,821	
Pond Maintenance	$1,200	$728	$364	$1,092	$1,200	
Wastewater Testing & Analysis	$25,000	$8,194	$4,602	$12,796	$25,000	
Operating Systems Maintenance	$6,500	$2,910	$1,980	$4,890	$6,500	
Generator Maintenance	$5,000	$1,504	$996	$2,500	$5,000	
Lighting	$15,000	$0	$7,500	$7,500	$15,000	
New Meter Install	$0	$19,547	$7,227	$26,774	$0	
Contingency	$0	$0	$0	$0	$0	
Operating Reserve	$0	$0	$0	$0	$0	
Transfer Out - Capital Reserve	$73,446	$73,446	$0	$73,446	$172,048	
Total Operations	$481,502	$360,946	$127,516	$488,462	$570,982	
						
Total Expenditures	$587,902	$455,586	$166,811	$622,396	$718,720	
						
Excess Revenues (Expenditures)	$0	$107,913	$69,657	$177,569	$0	

Non Operating Revenues/(Expenditures)						
AFPI Fees - Water	$0	$9,027	$6,018	$15,045	$0	
AFPI Fees - Sewer	$0	$4,761	$3,174	$7,935	$0	
Connection Fees - Water	$0	$49,815	$33,210	$83,025	$0	
Connection Fees - Sewer	$0	$26,280	$17,520	$43,800	$0	
Principal Expense	$0	($147,761)	$0	($147,761)	$0	
Total Non Operating Revenues/(Expenditures)	$0	($57,878)	$59,922	$2,044	$0	

NET SPECIAL ASSESSMENTS	$135,720	
ADD: DISCOUNTS (4%)	$5,655	
GROSS SPECIAL ASSESSMENTS	$141,375	

UNDEVELOPED LOTS	
725	
PER LOT SPECIAL ASSESSMENTS	$195	

Bella Collina
Community Development District
Water & Sewer Budget Fiscal Year 2022

REVENUES:

Monthly Potable Water Consumption
Estimated potable water irrigation revenue.

Monthly Wastewater Consumption
Estimated wastewater revenue.

Monthly Irrigation Consumption
Estimated irrigation revenue.

Special Assessments
The District will levy non-ad valorem special assessments on all taxable property within the District to fund operating and maintenance expenditures for the fiscal year.

Miscellaneous Revenue
Represents any miscellaneous revenues.

EXPENDITURES:

ADMINISTRATIVE:

Engineering Fees
The District’s engineer, Boyd Civil Engineering, Inc., will be providing general engineering services to the District, e.g., attendance and preparation for monthly board meetings, reviewing invoices, etc.

Attorney Fees
The District’s legal counsel will be providing general legal services to the District, e.g., attendance and preparation for monthly meetings, reviewing operating and maintenance contracts, etc. The District has contracted Latham, Shuker, Eden & Beaudine, LLP.

Trustee Fees
The District issued Series 2016 Utility System Capital Appreciation Bonds, which are held with a Trustee at Regions Bank. The amount of the trustee fees is based on the agreement between Regions Bank and the District.

Arbitrage
The District had contracted with an independent certified public accountant, to annually calculate the District’s Arbitrage Rebate Liability on the Series 2016 Utility System Capital Appreciation Bonds. The District hired Grau & Associates to calculate the rebate liability and submit a report to the District.

Dissemination
The District is required by the Securities and Exchange Commission to comply with Rule 15(c)(2)-12(b)(5), which relates to additional reporting requirements for un-rated bond issues. The District has contracted with Governmental Management Services-CF, LLC, the District’s bond underwriter, to provide this service.

Annual Audit
The District is required annually to conduct an audit of its financial records by an Independent Certified Public Accounting Firm. The District has contracted Berger, Toombs, Elam, Gaines & Frank.

Bella Collina
Community Development District
Water & Sewer Budget Fiscal Year 2022

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 not limited to, recording and transcription of board meetings, administrative services, budget preparation, all financial reporting, annual audits, etc.

Postage
Represents estimated costs for the mailing of utility billing, notices, annual consumer reports, etc.

Printing & Binding
Represents printing of utility billing, annual compliance reports, disconnection notices, etc.

Office Supplies
Represents estimated costs for the utility billing supplies.

Tax Collector Fee
The District has contracted with the Lake County Tax Collector to collect the Special Assessments.

Other Current Charges
Bank charges and any other miscellaneous expenses that are incurred during the fiscal year.

Dues, Licenses & Subscriptions
The District is required to pay annual fees to the Florida Department of Environmental Protection and the Florida Rural Water Association. These are the only expenses under this category for the District.

OPERATIONS:

Field Management
The District currently has a contract with Governmental Management Services – Central Florida, LLC, to provide field management services. Services include onsite inspections to Water Treatment Plant, Waste Water Treatment Plant and Hillcrest Treatment Plant, meetings with utility system vendors and emails.

Electricity
This item represents utility service costs for electricity as provided by Duke Energy.

Account#	Address	Monthly	Annual	
08607 10318	15601 Vetta Dr. Hillcrest Treatment Plant	$950	$11,400	
24375 51063	17447 Cavallo Dr. Streetlighting	$250	$3,000	
27855 69531	15900 Pendio Dr. Well 2	$150	$1,800	
52815 07181	17500 Cavallo Dr. Water Treatment Plant	$650	$7,800	
65008 90457	17510 Cavallo Dr. Waste Water Treatment Plant	$1,375	$16,500	
72264 33555	15340 Pendio Dr. Well 1	$235	$2,820	
	Contingency		$4,680	
TOTAL			$48,000	

Bella Collina
Community Development District
Water & Sewer Budget Fiscal Year 2022

Telephone
This is for service for the water and wastewater plants phone lines as provided by Centurylink.

Account#	Address	Monthly	Annual	
407-469-2585-	17500 Cavallo Drive Water Treatment Plant	$80	$960

$1,200

$2,640
$450	
206				
407-469-3353-	17510 Cavallo Drive Waste Water Treatment	$100		
077	Facility			
407-469-9411-	15601 Vetta Drive Hill Crest Water Treatment	$220		
606	Plant			
	Contingency (Additional Line/Rate Increase)			
TOTAL			$5,250	

Trash Removal
To record the expenses related to trash and rubbish removal of miscellaneous items, dumpster contract service and hauling of miscellaneous items. The District has the following utility account with Waste Management

Description	Monthly	Annually	
Waste Management	$225
Contingency
TOTAL	$2,700
$300	
	$3,000	

Insurance
The District’s property insurance coverage is provided by Florida Insurance Alliance.

Repairs and Maintenance
Any costs related to miscellaneous repairs and maintenance that occur during the fiscal year.

Water Plant Services
Contracted yearly cost to operate the District’s water plant. The District currently has a contract with General Utilities to provide this service.

Wastewater Plant Services
Contracted yearly cost to operate the District’s wastewater plant. The District currently has a contract with General Utilities to provide this service

Sludge Disposal
Estimated cost of sludge disposal when requirements have been met.

Description	Fee	
Biosolids Removal/Hauling Solid Waste Dumpster
TOTAL	$4,200
$1,800	
	$6,000	

Contractual Services
Services provided on as needed basis for plant operations.

Bella Collina
Community Development District
Water & Sewer Budget Fiscal Year 2022

Fuel Expense
Estimated amount of fuel to be purchase for the District’s backup generators.

Landscape Maintenance
The District currently has a contract with The Club at Bella Collina to maintain the landscape areas surrounding the water plant.

Description	Monthly	Annually	
The Club at Bella Collina	$652
TOTAL	$7,821	
	$7,821	

Pond Maintenance
Contracted yearly cost to maintain the District’s Waste Water Treatment Plant Pond.

Description	Monthly	Annually	
Applied Aquatic Management, Inc.	$91 Contingency
TOTAL	$1,092
$108	
	$1,200	

Wastewater Testing & Analysis
Represents estimated costs incurred during the fiscal year for testing and analysis of the wastewater treatment facility per the FDEP permit #FLA 297631-005.

Operating Systems Maintenance
Represents estimated costs incurred during the fiscal year for maintenance of mechanical, electrical and computer operating systems.

Generator Maintenance
Represents estimated costs incurred during the fiscal year for semi-annual service on four generators located at Well #1, Pine Island Water Plant, Pine Island Sewer Plant and the Hillcrest Water Plant.

Lighting
Represents estimated costs for any lighting supplies and repairs to the water treatment plants, wastewater treatment plants and wells.

Transfer Out – Capital Reserve
Funds transferred out to the Water & Sewer’s Capital Reserve for any capital outlay expenses.

Bella Collina
Community Development District Adopted Budget
Capital Reserve - Water & Sewer Fund
Fiscal Year 2022

	FY2021
Annual	Actual
thru	Projected
Next 4	Total
Thru	FY2022
Annual	
Description	Budget	5/31/21	Months	9/30/21	Budget	

Revenues						
Transfer In	$73,446	$73,446	$0	$73,446	$172,048	
Interest	$1,000	$180	$40	$220	$100	
Carry Forward Surplus	$186,565	$209,190	$0	$209,190	$155,783	
Total Revenues	$261,011	$282,817	$40	$282,857	$327,931	

Expenditures						
Contingency	$0	$55	$0	$55	$0	
Capital Outlay	$178,000	$103,210	$23,809	$127,019	$176,883	
Total Expenses	$178,000	$103,265	$23,809	$127,074	$176,883	
						
Excess Revenues (Expenditures)	$83,011	$179,552	($23,769)	$155,783	$151,047	

FY21 Projected Expenses (Updated)	Amount	
Interconnect Project	$56,455	
Qty.25 Meter Replacements	$14,564	
Sub Total	$71,019	
Bella Collina Water & Sewer Plant		
Sewer - Effluent Filter Upgrades	$14,000	
Sewer - Effluent Meter Replacement	$6,000	
Sewer - Chlorine Contact Chamber Drain Valle Replacement	$7,000	
Sewer - Chlorine Analyzer Replacement	$4,500	
Sewer - Chlorine Room Rooftop Exhaust Fan Replacement	$6,000	
Water - Ground Storage Tank Transducer Replacement	$2,000	
Sub Total	$39,500	
Hillcrest Water Plant		
Water - High Service Pump Check Valve Replacement	$8,500	
Water - Ground Storage Tank Transducer Replacement	$2,000	
Water - Chlorine Room Rooftop Exhaust Fan Replacement	$6,000	
Sub Total	$16,500	
Total	$127,019	

FY22 Adopted Expenses	Amount	
Qty.42 Meter Replacements	$22,383	
Sub Total	$22,383	
Bella Collina Water & Sewer Plant		
Water - High Service Pump & Motor Replacement - Pump #3	$19,500	
Sewer - Clarifier Sludge Return Drive Chain & Motor	$28,000	
Sewer - Turbitity Meter	$4,500	
Sub Total	$52,000	
Hillcrest Water Plant		
Water - High Service Pump Motor Rebuilds	$7,000	
Water - High Service Pump Rebuilds	$19,000	
Water - Ground Storage Tank Hydro-Ranger Replacement	$6,500	
Water - Well Repair/Rebuild Well #2	$70,000	
Sub Total	$102,500	
Total	$176,883