Barefoot Bay Recreation District
a deed restricted community

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  FISCAL YEAR  FISCAL YEAR   
  2007/2008 2008/2009  
REVENUES ANNUAL BUDGET ANNUAL BUDGET COMMENTS
Interest Income 33,200 20,000 Based on 2% decrease in bank rates paid
Debt Assessments 768,000 832,848  
Uncollected Assessments 0 (35,000) Estimated At Five Percent Of Assessments
Total Revenues  $      801,200  $     817,848  
       
EXPENDITURES      
Principal Payments ('96) 406,689 458,250 Principal Payment Due 1-29-2010
Interest Payments ('96) 332,001 280,440 Interest Payment Due 1-29-2010 (based on fixed rate of 6.15%)
Rate Swap Difference Fee ('96) 0 26,220 Rate Swap Difference Charged 2-1-2010 (based on yearly difference of 0.575%)
Principal Payments ('01) 29,378 32,215 Principal Payment Due 12-30-2009
Interest Payments ('01) 24,903 20,723 Interest Payment Due 1-29-2010 (based on prime ave of 6.5%)
       
Total Expenditures  $      792,971  $     817,848  
       
Excess/Shortfall  $           8,229  $                   -  

 

PHONE: 772-664-3141 (Adm. Bldg.)
           772-664-7020 (Community Center)
FAX:     772-664-1928
E-MAIL:
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