WHEREAS, the Board of Supervisors, hereinafter referred to as the “Board”, of the Turnbull Creek Community Development District, hereinafter referred to as “District”, adopted a Capital Reserve Fund Budget for fiscal year 2018, 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 TURNBULL CREEK COMMUNITY DEVELOPMENT DISTRICT TO THE FOLLOWING:

The Capital Reserve Fund Budget are hereby amended in accordance with Exhibit “A” attached.

This resolution shall become effective this 13th day of November, 2018 and be reflected in the monthly and fiscal Year End 9/30/18 Financial Statements and Audit Report of the District

Turnbull Creek
Community Development District

Attest:

by:		 Chairman

by:		 Secretary

EXHIBIT A

Turnbull Creek
Community Development District
Capital Reserve Funds Budget Amendment
For the Period ending September 30, 2018

Actual Thru 9/30/18

Add		Budget (Decrease)	Amendment

Adopted Budget

Revenues:

Comcast Revenue Share	$0	$0	$0	$0
Capital Reserve Funding - Transfer In	$207,081	$0	$207,081	$207,081

$207,081	$0	$207,081	$207,081

Total Revenues

Expenditures

Capital Outlay	$329,411	$115,000	$444,411	$442,713
Repair and Replacements	$0	$0	$0	$0

$329,411	$115,000	$444,411	$442,713

Total Expenditures

($122,330)	($115,000)	($237,330)	($235,632)

Excess Revenues (Expenditures)

$307,408	($1,455)	$305,953	$305,953

Fund Balance - Beginning

$185,078	($116,455)	$68,623	$70,321

Fund Balance - Ending