RESOLUTION 2021-01

WHEREAS, the Board of Supervisors, hereinafter referred to as the "Board", of the Rivers Edge III Community Development District, hereinafter referred to as "District", adopted a General Fund Budget for Fiscal Year 2020, 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 RIVERS EDGE III COMMUNITY DEVELOPMENT DISTRICT TO THE FOLLOWING:
The General Fund Budget is hereby amended in accordance with Exhibit "A" attached.

This resolution shall become effective this 18thday of November, 2020 and be reflected in the monthly and Fiscal Year End 9/ 30 / 20 Financial Statements and Audit Report of the District.

Rivers Edge III
Community Development District

by:

Attest:
by:     
Secretary / Assistant Secretary

RIVERS EDGE III CDD RESOLUTION 2021-01

EXHIBIT A

Rivers Edge III
Community Development District

Adopted FY20	Increase/	Amended FY20	Actuals	
 	  Budget	(Decrease)	 	 Budget	 		9/30/20	

Revenues
Developer Contributions	$	544,367	$   60,253	$	604,620	$	604,620

Total Revenues	$	544,367	$  60,253	$	604,620	$	604,620

Expendib1res
Administrative
Engineering	$	1,875	$	8,125	$	10,000	$	9,869
Attorney	$	2,500	$   47,153	$	49,653	$	41,103
Management Fees	$	15,000	$	$	15,000	$	13,833
Assessment Administration	$	2,500	$	$	2,500	$ Telephone	$		so	$	$		so	$
Postage	$	175	$	$	175	$	1
Printing & Binding	$	250	$	450	$	700	$	692
Insurance	$	2,877	$	$	2,877	$	2,877
Legal Advertising	$	1,500	$	3,400	$	4,900	$	4,861 Other Current Charges	$		250	$		$		250	$		179
Office Supplies	$	125	$	$	125	$	38
Dues, Licenses & Subscriptions	$	100	$	$	100	$
Website design/compliance	$	1,250	$	1,125	$	2,375	$	2,375

Total Administrative	 	$	28,452 	$  60,253	$	88,705	$	75,827

Field Operations

Cost Share RE (Landscaping)	$	265,828        $	$	265,828	$ 265,828 Cost Share RE (Amenity)	$	250,087        $	$	250,087	$     250,087

Total Field		 $            515,915        $			$             515,915             $  515,915 Total Expenditures		$	544,367         $  60,253       $	604,620	$ 591,742 Excess Revenues (Expenditures)      $			$	$		$      12,879