RESOLUTION 2019-02

WHEREAS, the Board of Supervisors, hereinafter referred to as the "Board", of the Pine Ridge Plantation Community Development District, hereinafter referred to as "District'', adopted a 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 PINE RIDGE PLANTATION COMMUNITY DEVELOPMENT DISTRICT TO THE FOLLOWING:
The Reserve Fund Budget is hereby amended in accordance with Exhibit "A" attached.
This resolution shall become effective this 20th 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

Pine Ridge Plantation Community Development District

'&G"Jk

Attest:

by:
ecretary

PINE RIDGE PLANTATION CDD

RESOLUTION 2019-02 EXHIBIT A

PINE  RIDGE PLANTATION
COMMUNITY DEVELOPMENT DISTRICT RESERVE FUND
Budget Amendment
For The Period Ending

ADOPTED

 	BUDGET	DECREASE

ADD

BUDGET
AMENDMENT

THRU 9/30/2018

ACTUAL

September 30, 2018

REVENUES:		
Capital Reserve Funding	$35,000	($20,000)	$15,000	$15,000	
TOTAL REVENUES	$35,000	($20,000)	$15,000	s1s,ooo 1	
EXPENDITURES:					
Maintenance Reserve (1)	$0	$30,000	$30,000	$28,914	
TOTAL EXPENDITURES	$0	$30,000	$30,000	s2a,914 1	
EXCESS REVENUES (EXPENDITURES)	$35,000	($50,000)	($15,000)	($13,914)1	
FUND BALANCE - Beginning	$317,963	($3,739)	$314,224	$314,224	
FUND BALANCE - Ending	$352,963	($53,739)	$299,224	$300,310	
(1) Represents new marcaslte for the swimming pool.