RESOLUTION 2023-03

WHEREAS, the Board of Supervisors, hereinafter referred to as the “Board”, of the Middle Village Community Development District, hereinafter referred to as “District”, adopted Capital Reserve Fund Budget for fiscal year 2022, 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 MIDDLE VILLAGE COMMUNITY DEVELOPMENT DISTRICT TO THE FOLLOWING:

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

This resolution shall become effective this 14th day of November 2022 and be reflected in the monthly and fiscal Year End 9/30/22 Financial Statements and Audit Report of the District

Middle Village

Community Development District

Attest:

by:			 Chairman

by:			 Secretary

MIDDLE VILLAGE CDD RESOLUTION 2023-03
EXHIBIT A

Middle Village Community Development District
Capital Reserve Fund
Budget Amendment
For the Period ending September 30, 2022

	Adopted FY 2022
Budget	Increase
(Decrease)	Amended FY 2022
Budget	Actual
9/30/22	
REVENUES:					
Carry Forward Surplus	$	1,578,027	$	(30,035)	$	1,547,991	$	1,547,991	
Interest Income	$	1,200	$	3,304	$	4,504	$	4,504	
General Reserve - Transfer In	$	19,556	$	-	$	19,556	$	19,556	
TOTAL REVENUES	$	1,598,783	$	(26,731)	$	1,572,051	$	1,572,051	

EXPENDITURES:					
Repair And Replacements	$	125,000	$	217,656	$	342,656	$	342,656	
Capital Projects	$	-	$	3,530	$	3,530	$	3,530	
TOTAL EXPENDITURES	$	125,000	$	221,186	$	346,186	$	346,186	
					
EXCESS REVENUES (EXPENDITURES)	$	1,473,783	$	(247,917)	$	1,225,866	$	1,225,866